LOCUST WOOD CAPITAL ADVISERS, LLC

CIK

1349434

Location

New York, NY

Portfolio Value

Mid $3,931,716,020

Diversification

Diversified

Filing Date

Global Rank

#788 / 8,623 ▼ 1 · as of Mar 2026

Top Industry

Specialty Chemicals 12.6%

3Y Alpha vs SPY

-1.9%

Period ended 4 months ago

Filed May 15, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+59.4%

SPY

+67.9%

Annualised alpha

-2.0%

Max drawdown

−21.0%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 92% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

28 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

8.5%

+1.0 pts

Top 5

33.1%

+2.2 pts

Top 10

55.9%

+4.9 pts

HHI

461

Diversified+61

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	21.1%	$829,203,297	7
Technology	20.0%	$784,981,485	5
Basic Materials	11.8%	$463,766,688	3
Healthcare	9.7%	$380,522,900	4
Financial Services	9.0%	$354,622,995	3
Consumer Cyclical	8.5%	$335,973,666	1
Communication Services	8.2%	$323,612,299	2
Unclassified	6.2%	$243,877,500	1
Utilities	4.0%	$156,397,879	1
Energy	1.5%	$58,757,311	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

10 positions

Ticker	Company	Δ Shares	Shares	Value
GPGI	GPGI, Inc.	+4,919,524	13,783,653	$235,700,466
REZI	Resideo Technologies, Inc.	+512,718	3,162,409	$106,604,807
AMZN	Amazon Com Inc	+451,478	1,613,164	$335,973,666
SPY	Spdr S&P 500 ETF Trust	+271,500	375,000	$243,877,500
NVDA	Nvidia Corp	+256,521	1,177,228	$205,308,563
META	Meta Platforms, Inc.	+206,020	303,415	$173,592,823
V	Visa Inc.	+172,145	539,558	$163,076,009
ABT	Abbott Laboratories	+123,456	1,193,720	$122,559,232
SPGI	S&P Global Inc.	+64,244	376,176	$160,002,688
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+10,066	751,911	$254,108,322
No positions match the current search.

Trimmed

Positions the filer reduced

16 positions

Ticker	Company	Δ Shares	Shares	Value
SU	Suncor Energy Inc	−895,308	888,781	$58,757,311
CSX	Csx Corp	−643,208	2,887,222	$118,520,463
PCG	PG&E Corp	−494,196	8,901,416	$156,397,879
ESI	Element Solutions Inc	−419,081	4,418,530	$150,848,614
VRT	Vertiv Holdings Co	−305,622	540,293	$135,386,619
LIN	Linde PLC	−259,443	469,131	$232,576,384
CP	Canadian Pacific Kansas City Ltd/Cn	−237,076	651,250	$51,227,325
MSFT	Microsoft Corp	−67,317	525,373	$194,477,323
GOOGL	Alphabet Inc.	−59,317	521,698	$150,019,476
AAPL	Apple Inc.	−58,212	480,783	$122,017,917
STE	STERIS plc	−49,283	397,118	$87,814,703
WM	Waste Management Inc	−36,534	411,807	$94,629,130
SHW	Sherwin Williams Co	−18,958	250,637	$80,341,690
RHLD	Resolute Holdings Management, Inc.	−7,096	536,873	$87,134,487
BRK-B	Berkshire Hathaway Inc	−2,833	65,827	$31,544,298
GEHC	GE HealthCare Technologies Inc.	−617	2,126,878	$151,391,176
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
LLY	ELI LILLY & Co	20,394	$18,757,789
PLTR	Palantir Technologies Inc.	62,000	$9,069,360
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
CRM	Salesforce, Inc.	338,038	$89,549,646
NKE	NIKE, Inc.	1,282,705	$81,721,135
NOW	ServiceNow, Inc.	448,310	$68,676,608
AXTA	Axalta Coating Systems Ltd.	1,983,338	$64,081,650
ELV	Elevance Health, Inc.	142,053	$49,796,679
APO	Apollo Global Management, Inc.	336,837	$48,760,524
CZR	Caesars Entertainment, Inc.	18,400	$430,376
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

28 tracked positions · $3,931,716,020 total · filing declares 31 positions · $3,948,233,110 · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Energy Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AMZN	Amazon Com Inc Consumer Cyclical	Added	1,613,164	+451,478	$335,973,666	+25.3%	8.55%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	751,911	+10,066	$254,108,322	+12.7%	6.46%
SPY	Spdr S&P 500 ETF Trust PUT	Added	375,000	+271,500	$243,877,500	+245.5%	6.20%
GPGI	GPGI, Inc. Industrials	Added	13,783,653	+4,919,524	$235,700,466	+37.9%	5.99%
LIN	Linde PLC Basic Materials	Reduced	469,131	-259,443	$232,576,384	−25.1%	5.92%
NVDA	Nvidia Corp Technology	Added	1,177,228	+256,521	$205,308,563	+19.6%	5.22%
MSFT	Microsoft Corp Technology	Reduced	525,373	-67,317	$194,477,323	−32.2%	4.95%
META	Meta Platforms, Inc. Communication Services	Added	303,415	+206,020	$173,592,823	+170.0%	4.42%
V	Visa Inc. Financial Services	Added	539,558	+172,145	$163,076,009	+26.6%	4.15%
SPGI	S&P Global Inc. Financial Services	Added	376,176	+64,244	$160,002,688	−1.8%	4.07%
PCG	PG&E Corp CALL + SHARES Utilities	Reduced	8,901,416	-494,196	$156,397,879	+3.6%	3.98%
GEHC	GE HealthCare Technologies Inc. Healthcare	Reduced	2,126,878	-617	$151,391,176	−13.2%	3.85%
ESI	Element Solutions Inc Basic Materials	Reduced	4,418,530	-419,081	$150,848,614	+24.8%	3.84%
GOOGL	Alphabet Inc. Communication Services	Reduced	521,698	-59,317	$150,019,476	−17.5%	3.82%
VRT	Vertiv Holdings Co Industrials	Reduced	540,293	-305,622	$135,386,619	−1.2%	3.44%
ABT	Abbott Laboratories CALL + SHARES Healthcare	Added	1,193,720	+123,456	$122,559,232	−8.6%	3.12%
AAPL	Apple Inc. Technology	Reduced	480,783	-58,212	$122,017,917	−16.7%	3.10%
CSX	Csx Corp Industrials	Reduced	2,887,222	-643,208	$118,520,463	−7.4%	3.01%
REZI	Resideo Technologies, Inc. Industrials	Added	3,162,409	+512,718	$106,604,807	+14.6%	2.71%
WM	Waste Management Inc Industrials	Reduced	411,807	-36,534	$94,629,130	−3.9%	2.41%
STE	STERIS plc Healthcare	Reduced	397,118	-49,283	$87,814,703	−22.4%	2.23%
RHLD	Resolute Holdings Management, Inc. Industrials	Reduced	536,873	-7,096	$87,134,487	−22.4%	2.22%
SHW	Sherwin Williams Co Basic Materials	Reduced	250,637	-18,958	$80,341,690	−8.0%	2.04%
SU	Suncor Energy Inc Energy	Reduced	888,781	-895,308	$58,757,311	−25.8%	1.49%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Reduced	651,250	-237,076	$51,227,325	−21.7%	1.30%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	65,827	-2,833	$31,544,298	−8.6%	0.80%
LLY	ELI LILLY & Co Healthcare	NEW	20,394	NEW	$18,757,789	NEW	0.48%
PLTR	Palantir Technologies Inc. PUT Technology	NEW	62,000	NEW	$9,069,360	NEW	0.23%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.