Aureus Asset Management, LLC

Registered adviser

CIK

1381296

Location

BOSTON, MA

Portfolio Value

Mid $1,645,701,391

Diversification

Diversified

Filing Date

Global Rank

#1,834 / 8,825 ▼ 73

Top Industry

Semiconductors 12.7%

Period ended 4 months ago

Filed Aug 14, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 136674

Roster of Nov 1, 2026

Regulatory AUM

$8,396,789,302

Main clients

Charitable organizations (74% of AUM)

Private funds

4 funds · Hedge funds

Focus by fund count, roster of Nov 1, 2026

$182,556,433 gross assets

Private funds on Schedule D 7.B.(1)

As filed Mar 28, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$100,106,827 gross assets in 3 funds Hedge funds $100,106,827 (3)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$8,396,789,302	Charitable organizations (74%)
Apr 2025 to Mar 2026	$7,763,450,326	Charitable organizations (74%)
Apr 2024 to Mar 2025	$6,956,163,094	Charitable organizations (75%)
May 2023 to Mar 2024	$5,904,645,867	Charitable organizations (74%)
Apr 2023	$5,904,645,867	Charitable organizations (74%)
Apr 2022 to Mar 2023	$5,995,213,074	Charitable organizations (68%)

3 earlier changes not shown.

Stated strategy

Fundamental active, Value, Wealth management / planning Form ADV Part 2A, Oct 28, 2026 · original

In the firm's words

Fundamental active: Our fundamental research process involves interviews and meetings with management, conversations with academics and thought leaders in many fields, and modeling of each company over the next several years.
Value: When we initiate a position in a stock or fund, we have an estimation of its intrinsic value and expected returns from current levels.
Wealth management / planning: In selecting these managers Aureus applies a disciplined, research driven approach.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 40.6%, 36.9 effective positions, active share 60.4% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

31.7% over the last four quarters (30% to under 100%)

Horizon

Long horizon

Value-weighted holding period 20.8 quarters (12+), a floor since 63.9% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2026-06-30, active share 60.4%; sector active share 15.4% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

238 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

6.5%

+0.7 pts

Top 5

23.5%

+1.1 pts

Top 10

40.6%

+0.3 pts

HHI

271

Diversified+3

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	27.6%	$453,441,041	37
Financial Services	17.7%	$291,800,074	28
Industrials	11.3%	$185,503,311	45
Healthcare	9.9%	$163,622,813	28
Communication Services	9.4%	$155,278,520	8
Consumer Cyclical	5.8%	$96,024,411	17
Unclassified	5.4%	$88,937,731	41
Utilities	4.5%	$74,514,538	4
Basic Materials	4.0%	$66,470,253	8
Energy	2.7%	$44,217,712	9
Consumer Defensive	1.0%	$15,911,618	9
Real Estate	0.6%	$9,979,369	4

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
APO	Apollo Global Management, Inc.	+39,338	285,691	$33,800,102
TXN	Texas Instruments Inc	+31,502	72,675	$21,662,237
VO	VANGUARD MID-CAP INDEX FUND	+29,771	40,879	$3,293,621
A	Agilent Technologies, Inc.	+25,332	53,999	$7,172,687
VUG	VANGUARD GROWTH INDEX FUND	+15,915	19,098	$1,645,101
WCN	Waste Connections, Inc.	+11,582	326,138	$54,363,943
BKNG	Booking Holdings Inc.	+9,713	10,225	$1,822,504
LAZ	Lazard, Inc.	+7,597	38,419	$1,611,292
ACWI	iShares MSCI ACWI ETF	+6,878	10,463	$1,642,377
BKR	Baker Hughes Co	+6,803	34,801	$1,931,455
INSM	INSMED Inc	+5,441	11,441	$1,219,839
SCI	Service Corp International	+5,254	117,446	$8,921,198
ORCL	Oracle Corp	+4,965	146,220	$21,428,541
STE	STERIS plc	+4,639	42,249	$8,896,371
DECK	Deckers Outdoor Corp	+4,580	22,265	$2,210,691
NVDA	Nvidia Corp	+4,321	256,163	$51,255,654
BIDU	Baidu, Inc.	+4,254	12,745	$1,456,626
CLOA		+4,101	74,935	$3,889,875
WFC	Wells Fargo & Company	+4,028	25,546	$2,111,121
BABA	Alibaba Group Holding Ltd	+3,991	13,352	$1,281,524
MS	Morgan Stanley	+3,668	50,794	$10,617,977
WMB	Williams Companies, Inc.	+3,624	140,693	$10,459,117
SPOT	Spotify Technology S.A.	+3,265	5,640	$2,589,493
OKTA	Okta, Inc.	+3,051	15,411	$2,102,830
GLPI	Gaming & Leisure Properties, Inc.	+3,041	145,285	$6,469,541
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BSX	Boston Scientific Corp	−232,760	22,603	$964,696
FLS	Flowserve Corp	−155,571	202,821	$15,041,205
AMAT	Applied Materials Inc	−65,022	104,403	$75,483,369
WAB	Westinghouse Air Brake Technologies Corp	−56,927	103,893	$28,009,552
EVEX	Eve Holding, Inc.	−46,551	73,949	$185,611
EMBJ	Embraer S.A.	−19,500	5,000	$319,000
ABT	Abbott Laboratories	−18,049	313,871	$28,480,654
MSFT	Microsoft Corp	−14,800	179,278	$66,874,279
HON	Honeywell International Inc	−10,842	11,159	$2,498,500
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−9,452	111,481	$53,239,981
BX	Blackstone Inc.	−8,690	238,299	$28,040,643
PG	PROCTER & GAMBLE Co	−8,189	4,897	$718,096
IBN	Icici Bank Ltd	−6,359	11,120	$322,813
ASX	ASE Technology Holding Co., Ltd.	−5,985	6,088	$274,690
LVS	Las Vegas Sands Corp	−5,875	34,597	$1,598,035
DHR	Danaher Corp	−5,155	6,851	$1,304,978
WMT	Walmart Inc.	−5,077	2,248	$254,608
SCHW	Schwab Charles Corp	−5,010	600,554	$55,413,117
SHW	Sherwin Williams Co	−4,854	10,452	$3,598,832
SPGI	S&P Global Inc.	−4,018	85,032	$34,630,131
VRTX	Vertex Pharmaceuticals Inc	−3,987	4,408	$2,189,585
CNX	CNX Resources Corp	−3,885	712,168	$24,163,860
NEE	Nextera Energy Inc	−3,723	595,785	$52,292,049
AWK	American Water Works Company, Inc.	−2,815	164,063	$21,587,409
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	−2,421	69,542	$4,150,961
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
IEX	Idex Corp	90,224	$20,476,336
DVN	Devon Energy Corp	94,896	$3,921,102
DPZ	Dominos Pizza Inc	8,648	$2,560,153
HONA	Honeywell Aerospace Inc.	11,159	$2,467,031
BETA	BETA Technologies, Inc.	131,594	$2,204,199
SLB	Slb Limited	31,824	$1,479,497
ADBE	Adobe Inc.	4,000	$820,080
OLLI	Ollie's Bargain Outlet Holdings, Inc.	10,233	$786,713
ABNB	Airbnb, Inc.	5,165	$739,111
ADI	Analog Devices Inc	790	$313,764
VTEC	Vanguard California Tax-Exempt Bond ETF	3,000	$301,800
TDG	TransDigm Group INC	214	$285,056
NTES	NetEase, Inc.	2,113	$270,759
EMXC	iShares MSCI Emerging Markets ex China ETF	2,500	$255,750
IRD	Opus Genetics, Inc.	58,200	$239,202
SAIA	Saia Inc	564	$237,534
LII	Lennox International Inc	402	$230,325
WSO	Watsco Inc	537	$223,784
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	592	$219,063
IBM	International Business Machines Corp	778	$218,781
ANET	Arista Networks, Inc.	1,281	$217,616
SIMO	Silicon Motion Technology CORP	640	$213,331
CRWD	CrowdStrike Holdings, Inc.	279	$212,916
BAC	Bank Of America Corp	3,722	$212,079
TTAN	ServiceTitan, Inc.	2,981	$210,786
No positions match the current search.

Sold Out

Positions the filer fully exited

16 positions

Ticker	Company	Shares	Value
MAR	Marriott International Inc	14,387	$4,705,556
—		21,384	$751,434
ADSK	Autodesk, Inc.	2,299	$550,380
CIEN	Ciena Corp	1,276	$495,381
HUT	Hut 8 Corp.	10,204	$478,669
HSY	Hershey Co	2,170	$451,121
ZTS	Zoetis Inc.	2,487	$293,988
IHI	iShares U.S. Medical Devices ETF	5,400	$288,090
CHE	Chemed Corp	751	$283,682
JKHY	Jack Henry & Associates Inc	1,696	$268,035
ATMU	Atmus Filtration Technologies Inc.	4,422	$251,036
ROL	Rollins Inc	4,587	$244,991
DGRO	iShares Core Dividend Growth ETF	3,400	$238,612
PFE	Pfizer Inc	8,423	$236,517
RMD	Resmed Inc	1,022	$229,418
BCD	abrdn ETFs	5,965	$213,427
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

238 tracked positions · $1,645,701,391 total · filing declares 239 positions · $1,645,935,398 · as of Jun 30, 2026

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

Showing 1–50 of 238 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
GOOGL	Alphabet Inc. Communication Services	Reduced	250,797	-1,930	$89,627,323	+23.3%	26+	before history	5.45%
AMAT	Applied Materials Inc Technology	Reduced	104,403	-65,022	$75,483,369	+30.4%	26+	before history	4.59%
AAPL	Apple Inc. Technology	Added	241,737	+2,655	$69,949,018	+15.3%	26+	before history	4.25%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	282,141	-694	$67,245,485	+14.2%	26+	before history	4.09%
MSFT	Microsoft Corp Technology	Reduced	179,278	-14,800	$66,874,279	−6.9%	26+	before history	4.06%
V	Visa Inc. Financial Services	Reduced	172,597	-1,392	$59,216,304	+12.6%	26+	before history	3.60%
AVGO	Broadcom Inc. Technology	Added	156,049	+265	$58,947,509	+22.3%	26+	before history	3.58%
SCHW	Schwab Charles Corp Financial Services	Reduced	600,554	-5,010	$55,413,117	−2.6%	26+	before history	3.37%
LIN	Linde PLC Basic Materials	Reduced	105,720	-886	$54,862,336	+3.8%	14	$449.05	3.33%
WCN	Waste Connections, Inc. Industrials	Added	326,138	+11,582	$54,363,943	+6.4%	26+	before history	3.30%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	111,481	-9,452	$53,239,981	+30.3%	14	$211.76	3.24%
UNH	Unitedhealth Group Inc Healthcare	Added	127,832	+2,141	$53,130,814	+56.2%	26+	before history	3.23%
NEE	Nextera Energy Inc Utilities	Reduced	595,785	-3,723	$52,292,049	−6.1%	26+	before history	3.18%
NVDA	Nvidia Corp Technology	Added	256,163	+4,321	$51,255,654	+16.7%	14	unpriced	3.11%
META	Meta Platforms, Inc. Communication Services	Added	76,690	+939	$43,198,710	−0.3%	26+	before history	2.62%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	74,805	-1,298	$37,504,234	+0.3%	26+	before history	2.28%
AXP	American Express Co Financial Services	Reduced	110,783	-410	$37,472,349	+11.4%	24	$142.98	2.28%
SPGI	S&P Global Inc. Financial Services	Reduced	85,032	-4,018	$34,630,131	−8.6%	26+	before history	2.10%
APO	Apollo Global Management, Inc. Financial Services	Added	285,691	+39,338	$33,800,102	+23.1%	5	$130.58	2.05%
ABT	Abbott Laboratories Healthcare	Reduced	313,871	-18,049	$28,480,654	−16.4%	26+	before history	1.73%
BX	Blackstone Inc. Financial Services	Reduced	238,299	-8,690	$28,040,643	−1.3%	26+	before history	1.70%
WAB	Westinghouse Air Brake Technologies Corp Industrials	Reduced	103,893	-56,927	$28,009,552	−30.3%	22	$91.88	1.70%
CNX	CNX Resources Corp Energy	Reduced	712,168	-3,885	$24,163,860	−12.5%	9	$25.66	1.47%
TXN	Texas Instruments Inc Technology	Added	72,675	+31,502	$21,662,237	+171.0%	25	$222.85	1.32%
AWK	American Water Works Company, Inc. Utilities	Reduced	164,063	-2,815	$21,587,409	−4.9%	2	$132.17	1.31%
ORCL	Oracle Corp Technology	Added	146,220	+4,965	$21,428,541	+3.1%	15	$179.79	1.30%
IEX	Idex Corp Industrials	NEW	90,224	NEW	$20,476,336	NEW	1	$211.56	1.24%
MOG-A	Moog Inc. Industrials	Added	43,702	+1,012	$18,522,655	+48.3%	15	$123.80	1.13%
IVV	iShares Core S&P 500 ETF	Reduced	24,015	-1,656	$17,984,593	+7.3%	26+	before history	1.09%
GOOG	Alphabet Inc. Communication Services	Reduced	47,389	-385	$16,743,955	+22.2%	26+	before history	1.02%
FLS	Flowserve Corp Industrials	Reduced	202,821	-155,571	$15,041,205	−42.9%	2	$79.19	0.91%
MS	Morgan Stanley Financial Services	Added	50,794	+3,668	$10,617,977	+36.9%	20	$102.22	0.65%
WMB	Williams Companies, Inc. Energy	Added	140,693	+3,624	$10,459,117	+4.8%	26+	before history	0.64%
SCI	Service Corp International Consumer Cyclical	Added	117,446	+5,254	$8,921,198	−3.6%	3	$80.38	0.54%
STE	STERIS plc Healthcare	Added	42,249	+4,639	$8,896,371	+7.0%	26+	before history	0.54%
WCC	Wesco International Inc Industrials	Added	24,654	+683	$8,516,231	+29.8%	3	$247.87	0.52%
KO	Coca Cola Co Consumer Defensive	Added	92,498	+2,734	$7,517,312	+10.1%	26+	before history	0.46%
A	Agilent Technologies, Inc. Healthcare	Added	53,999	+25,332	$7,172,687	+119.5%	2	$124.51	0.44%
QXO	QXO, Inc. Industrials	Reduced	410,244	-1,569	$7,089,016	−11.4%	6	$13.66	0.43%
JPM	Jpmorgan Chase & Co Financial Services	Added	21,189	+907	$6,935,795	+16.3%	26+	before history	0.42%
GLPI	Gaming & Leisure Properties, Inc. Real Estate	Added	145,285	+3,041	$6,469,541	+2.5%	26+	before history	0.39%
SPY	Spdr S&P 500 ETF Trust	Reduced	8,586	-372	$6,411,767	+10.1%	26+	before history	0.39%
IWM	iShares Russell 2000 ETF	Reduced	21,304	-597	$6,400,786	+17.8%	26+	before history	0.39%
IWD	iShares Russell 1000 Value ETF	Reduced	25,814	-1,431	$6,258,088	+7.5%	26+	before history	0.38%
CBT	Cabot Corp Basic Materials	Held	67,080	0	$6,092,205	+20.6%	26+	before history	0.37%
MU	Micron Technology Inc Technology	Reduced	4,664	-826	$5,383,608	+190.3%	7	$101.72	0.33%
CME	Cme Group Inc. Financial Services	Added	21,610	+775	$4,772,136	−22.4%	26+	before history	0.29%
COHR	Coherent Corp. Technology	Held	11,587	0	$4,570,723	+65.6%	16	$49.60	0.28%
DELL	Dell Technologies Inc. Technology	Reduced	10,389	-797	$4,482,437	+144.1%	2	$133.23	0.27%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Reduced	69,542	-2,421	$4,150,961	+6.7%	26+	before history	0.25%

Showing the top 50 of 238 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.