GUARDIAN INVESTMENT MANAGEMENT

CIK

1365474

Location

TIBURON, CA

Portfolio Value

Small $121,322,665

Diversification

Diversified

Filing Date

Global Rank

#5,270 / 8,603 ▲ 76 · as of Mar 2026

Top Industry

Consumer Electronics 16.5%

3Y Alpha vs SPY

-2.6%

Period ended 3 months ago

Filed Apr 16, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+64.0%

SPY

+76.5%

Annualised alpha

-2.9%

Max drawdown

−19.9%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

16.5%

−0.4 pts

Top 5

42.9%

−3.1 pts

Top 10

59.1%

−1.8 pts

HHI

574

Diversified−64

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	24.2%	$29,388,767	8
Healthcare	23.1%	$27,994,700	9
Financial Services	17.3%	$20,944,117	10
Industrials	15.3%	$18,516,036	13
Consumer Defensive	10.3%	$12,529,487	6
Energy	3.4%	$4,166,966	1
Communication Services	3.2%	$3,849,889	5
Consumer Cyclical	2.4%	$2,942,489	4
Basic Materials	0.6%	$690,493	2
Utilities	0.2%	$299,721	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

19 positions

Ticker	Company	Δ Shares	Shares	Value
QS	QuantumScape Corp	+4,910	39,640	$252,903
KKR	KKR & Co. Inc.	+3,706	14,584	$1,349,020
AMZN	Amazon Com Inc	+1,392	9,200	$1,916,084
ADM	Archer-Daniels-Midland Co	+1,385	8,935	$649,485
AMGN	Amgen Inc	+591	16,656	$5,860,413
ITW	Illinois Tool Works Inc	+186	6,186	$1,610,153
BA	Boeing Co	+150	9,200	$1,831,076
BRK-B	Berkshire Hathaway Inc	+108	2,888	$1,383,929
BIIB	Biogen Inc.	+100	5,500	$1,008,315
GOOGL	Alphabet Inc.	+79	3,809	$1,095,316
AAPL	Apple Inc.	+77	78,925	$20,030,375
T	At&T Inc.	+56	29,682	$860,481
ABBV	AbbVie Inc.	+30	14,175	$3,082,920
DE	Deere & Co	+20	1,598	$900,153
GEV	GE Vernova Inc.	+9	2,662	$2,323,659
JNJ	Johnson & Johnson	+4	16,829	$4,113,680
PJT	PJT Partners Inc.	+4	4,263	$595,626
EMR	Emerson Electric Co	+3	3,380	$442,847
GE	General Electric Co	+2	11,157	$3,166,021
No positions match the current search.

Trimmed

Positions the filer reduced

21 positions

Ticker	Company	Δ Shares	Shares	Value
BAC	Bank Of America Corp /De/	−15,780	54,779	$2,670,476
CMCSA	Comcast Corp	−7,000	26,000	$746,460
WBD	Warner Bros. Discovery, Inc.	−5,000	34,750	$954,235
CSX	Csx Corp	−2,232	49,277	$2,022,820
PSKY	Paramount Skydance Corp	−2,200	21,441	$193,397
INTC	Intel Corp	−2,075	28,475	$1,256,601
PG	PROCTER & GAMBLE Co	−2,000	10,385	$1,500,009
CVX	Chevron Corp	−1,338	20,140	$4,166,966
JPM	Jpmorgan Chase & Co	−1,281	6,953	$2,045,294
AMAT	Applied Materials Inc /De	−1,048	3,030	$1,035,623
MDLZ	Mondelez International, Inc.	−846	9,817	$565,851
GT	Goodyear Tire & Rubber Co /Oh/	−800	43,200	$286,416
ABT	Abbott Laboratories	−500	5,250	$539,017
MU	Micron Technology Inc	−474	2,451	$828,045
BMY	Bristol Myers Squibb Co	−450	7,550	$457,907
PEP	Pepsico Inc	−430	3,350	$520,221
PFE	Pfizer Inc	−350	11,010	$309,160
MSFT	Microsoft Corp	−100	9,844	$3,643,953
B	Barrick Mining Corp	−75	10,125	$412,998
C	Citigroup Inc	−38	9,075	$1,029,195
WMT	Walmart Inc.	−25	35,600	$4,424,368
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
RTX	RTX Corp	2,100	$405,090
NOC	Northrop Grumman Corp /De/	550	$375,232
DUK	Duke Energy CORP	2,289	$299,721
UPS	United Parcel Service Inc	2,725	$268,085
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

59 positions · $121,322,665 total · as of Mar 31, 2026

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

Showing 1–50 of 59 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	78,925	+77	$20,030,375	−6.6%	16.51%
DHR	Danaher Corp /De/ Healthcare	Held	63,822	0	$12,100,651	−17.2%	9.97%
BX	Blackstone Inc. Financial Services	Held	79,429	0	$9,133,540	−25.4%	7.53%
AMGN	Amgen Inc Healthcare	Added	16,656	+591	$5,860,413	+11.5%	4.83%
COST	Costco Wholesale Corp /New Consumer Defensive	Held	4,887	0	$4,869,553	+15.5%	4.01%
WMT	Walmart Inc. Consumer Defensive	Reduced	35,600	-25	$4,424,368	+11.5%	3.65%
CVX	Chevron Corp Energy	Reduced	20,140	-1,338	$4,166,966	+27.3%	3.43%
JNJ	Johnson & Johnson Healthcare	Added	16,829	+4	$4,113,680	+18.1%	3.39%
MSFT	Microsoft Corp Technology	Reduced	9,844	-100	$3,643,953	−24.2%	3.00%
CAT	Caterpillar Inc Industrials	Held	4,800	0	$3,400,608	+23.7%	2.80%
GE	General Electric Co Industrials	Added	11,157	+2	$3,166,021	−7.9%	2.61%
ABBV	AbbVie Inc. Healthcare	Added	14,175	+30	$3,082,920	−4.6%	2.54%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	54,779	-15,780	$2,670,476	−31.2%	2.20%
GEV	GE Vernova Inc. Industrials	Added	2,662	+9	$2,323,659	+34.0%	1.92%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	6,953	-1,281	$2,045,294	−22.9%	1.69%
CSX	Csx Corp Industrials	Reduced	49,277	-2,232	$2,022,820	+8.3%	1.67%
AMZN	Amazon Com Inc Consumer Cyclical	Added	9,200	+1,392	$1,916,084	+6.3%	1.58%
BA	Boeing Co Industrials	Added	9,200	+150	$1,831,076	−6.8%	1.51%
ITW	Illinois Tool Works Inc Industrials	Added	6,186	+186	$1,610,153	+9.0%	1.33%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	10,385	-2,000	$1,500,009	−15.5%	1.24%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	2,888	+108	$1,383,929	−1.0%	1.14%
MMM	3M Co Industrials	Held	9,500	0	$1,379,685	−9.3%	1.14%
CSCO	Cisco Systems, Inc. Technology	Held	17,645	0	$1,369,075	+0.7%	1.13%
AXP	American Express Co Financial Services	Held	4,492	0	$1,358,740	−18.2%	1.12%
KKR	KKR & Co. Inc. Financial Services	Added	14,584	+3,706	$1,349,020	−2.7%	1.11%
INTC	Intel Corp Technology	Reduced	28,475	-2,075	$1,256,601	+11.5%	1.04%
GOOGL	Alphabet Inc. Communication Services	Added	3,809	+79	$1,095,316	−6.2%	0.90%
AMAT	Applied Materials Inc /De Technology	Reduced	3,030	-1,048	$1,035,623	−1.2%	0.85%
C	Citigroup Inc Financial Services	Reduced	9,075	-38	$1,029,195	−3.2%	0.85%
GS	Goldman Sachs Group Inc Financial Services	Held	1,203	0	$1,017,725	−3.8%	0.84%
BIIB	Biogen Inc. Healthcare	Added	5,500	+100	$1,008,315	+6.1%	0.83%
WBD	Warner Bros. Discovery, Inc. Communication Services	Reduced	34,750	-5,000	$954,235	−16.7%	0.79%
DE	Deere & Co Industrials	Added	1,598	+20	$900,153	+22.5%	0.74%
TXN	Texas Instruments Inc Technology	Held	4,500	0	$873,630	+11.9%	0.72%
T	At&T Inc. Communication Services	Added	29,682	+56	$860,481	+16.9%	0.71%
MU	Micron Technology Inc Technology	Reduced	2,451	-474	$828,045	−0.8%	0.68%
CMCSA	Comcast Corp Communication Services	Reduced	26,000	-7,000	$746,460	−19.3%	0.62%
ADM	Archer-Daniels-Midland Co Consumer Defensive	Added	8,935	+1,385	$649,485	+49.6%	0.54%
PJT	PJT Partners Inc. Financial Services	Added	4,263	+4	$595,626	−16.4%	0.49%
MDLZ	Mondelez International, Inc. Consumer Defensive	Reduced	9,817	-846	$565,851	−1.4%	0.47%
ABT	Abbott Laboratories Healthcare	Reduced	5,250	-500	$539,017	−25.2%	0.44%
GILD	Gilead Sciences, Inc. Healthcare	Held	3,750	0	$522,637	+13.5%	0.43%
PEP	Pepsico Inc Consumer Defensive	Reduced	3,350	-430	$520,221	−4.1%	0.43%
HD	Home Depot, Inc. Consumer Cyclical	Held	1,481	0	$487,086	−4.4%	0.40%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	7,550	-450	$457,907	+6.1%	0.38%
EMR	Emerson Electric Co Industrials	Added	3,380	+3	$442,847	−1.2%	0.37%
B	Barrick Mining Corp Basic Materials	Reduced	10,125	-75	$412,998	−7.0%	0.34%
RTX	RTX Corp Industrials	NEW	2,100	NEW	$405,090	NEW	0.33%
NSC	Norfolk Southern Corp Industrials	Held	1,361	0	$390,607	−0.6%	0.32%
NOC	Northrop Grumman Corp /De/ Industrials	NEW	550	NEW	$375,232	NEW	0.31%