NUANCE INVESTMENTS, LLC

Registered adviser

CIK

1473182

Location

Kansas City, MO

Portfolio Value

Small $541,179,337

Diversification

Diversified

Filing Date

Global Rank

#3,509 / 8,827 ▼ 643 · as of Jun 2026

Top Industry

Household & Personal Products 18.2%

Period ended 38 days ago

Filed Nov 6, 2026 · 1d

27 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 148534

Roster of Nov 1, 2026

Regulatory AUM

$984,290,871

Main clients

Diversified

Registered funds advised

2 series (0 index, 0 ETFs)

$507,269,439 net assets· N-CEN Apr 30, 2026

Form ADV history

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

Rosters	Regulatory AUM	Main clients
Feb 2026 to Nov 2026	$984,290,871	Diversified
Apr 2025 to Jan 2026	$2,845,896,775	Registered funds and BDCs (64%)
Apr 2024 to Mar 2025	$4,999,890,906	Registered funds and BDCs (71%)
May 2023 to Mar 2024	$5,575,739,313	Registered funds and BDCs (72%)
Apr 2023	$5,575,739,313	Registered funds and BDCs (72%)
Apr 2022 to Mar 2023	$6,660,123,316	Registered funds and BDCs (71%)

3 earlier changes not shown.

Schedule 13D/13G stakes

Stakes of 5% or more disclosed on Schedule 13D or 13G, each on the filer's latest filing for the security. These are event-dated stakes, not the quarter-end 13F portfolio below.

No stake currently held at or above 5%.

A 13D or 13G stays in force until its filer amends it and no amendment is due without a material change, so a stake with no filing in 24 months reads unconfirmed, never sold. An amendment reporting under 5% ends the filer's duty to amend, not necessarily the holding. Shares are restated onto today's split basis. Show 6 exited, below-5% or retired stakes

Portfolio style

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

Style

Diversified active

Top 10 weight 59.1%, 21.1 effective positions, active share 97.7% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

75.1% over the last four quarters (30% to under 100%)

Horizon

Long horizon

Value-weighted holding period 12.5 quarters (12+), a floor since 15.9% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 97.7%; sector active share 58.5% 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

53 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

10.9%

+0.3 pts

Top 5

38.4%

−1.3 pts

Top 10

56.7%

−2.4 pts

HHI

463

Diversified−11

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Healthcare	34.1%	$184,750,211	13
Consumer Defensive	20.3%	$109,919,343	5
Utilities	18.0%	$97,263,059	8
Industrials	14.7%	$79,385,277	12
Financial Services	5.4%	$29,075,226	6
Technology	4.5%	$24,596,012	2
Consumer Cyclical	1.3%	$7,092,142	1
Real Estate	1.2%	$6,704,437	2
Unclassified	0.4%	$2,393,630	4

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

16 positions

Ticker	Company	Δ Shares	Shares	Value
MRTN	Marten Transport Ltd	+336,071	882,942	$11,407,610
TECH	BIO-TECHNE Corp	+322,583	428,379	$31,044,626
AVO	Mission Produce, Inc.	+179,808	680,895	$8,926,533
AVA	Avista Corp	+176,370	465,400	$16,330,886
RAMP	LiveRamp Holdings, Inc.	+139,045	219,620	$8,240,142
CLX	Clorox Co	+136,460	665,198	$53,887,689
AIG	American International Group, Inc.	+109,827	149,872	$11,153,474
POR	Portland General Electric Co	+103,327	377,703	$16,856,884
WERN	Werner Enterprises Inc	+87,037	276,982	$9,411,848
DHR	Danaher Corp	+28,119	45,281	$10,032,005
GGG	Graco Inc	+12,563	90,292	$6,938,037
ED	Consolidated Edison Inc	+12,421	26,451	$2,703,556
XYL	Xylem Inc.	+12,045	25,621	$2,594,638
STE	STERIS plc	+10,566	24,638	$5,174,226
KMB	Kimberly Clark Corp	+6,957	214,737	$20,921,825
AWK	American Water Works Company, Inc.	+4,181	40,148	$5,197,961
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
QGEN	Qiagen N.V.	−244,366	1,351,360	$59,135,513
CWT	California Water Service Group	−238,285	857,792	$39,690,035
KVUE	Kenvue Inc.	−146,507	1,301,981	$22,992,984
SOLV	Solventum Corp	−93,275	271,255	$23,911,128
DOC	Healthpeak Properties, Inc.	−79,101	68,034	$1,358,638
HTO	H2o America	−61,378	93,068	$5,735,780
HSIC	Henry Schein Inc	−59,777	108,388	$9,101,340
ACN	Accenture plc	−47,008	89,196	$16,355,870
MSEX	Middlesex Water Co	−35,345	50,485	$2,674,190
TMO	Thermo Fisher Scientific Inc.	−33,119	2,545	$1,718,002
BDX	Becton Dickinson & Co	−32,989	63,626	$11,389,054
WTRG	Essential Utilities, Inc.	−32,880	206,016	$8,073,767
ATR	Aptargroup, Inc.	−31,492	151,678	$18,377,306
NKE	NIKE, Inc.	−20,493	200,343	$7,092,142
ARE	Alexandria Real Estate Equities, Inc.	−13,996	112,638	$5,345,799
IWS	iShares Russell Mid-Cap Value ETF	−11,917	10,939	$1,758,334
MMM	3M Co	−11,542	9,070	$1,488,840
ALC	Alcon Inc	−10,723	100,049	$6,478,172
EG	Everest Group, Ltd.	−7,840	20,558	$7,507,164
WAT	Waters Corp	−6,952	3,810	$1,674,075
A	Agilent Technologies, Inc.	−5,084	8,151	$1,404,498
CALM	Cal-Maine Foods Inc	−5,043	46,875	$3,190,312
DGX	Quest Diagnostics Inc	−4,686	22,784	$5,310,266
ALG	Alamo Group Inc	−2,706	16,945	$2,622,577
NOC	Northrop Grumman Corp	−1,181	7,932	$3,834,963
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
ACA	Arcosa, Inc.	94,541	$13,817,167
SAFT	Safety Insurance Group Inc	41,665	$4,315,660
MKTX	Marketaxess Holdings Inc	25,690	$4,211,104
—		30,600	$2,899,350
MWA	Mueller Water Products, Inc.	129,086	$2,741,786
ITB	iShares U.S. Home Construction ETF	4,858	$422,743
VPU	VANGUARD UTILITIES INDEX FUND	1,243	$212,553
RSPS	Victory Portfolios II	17,684	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
—		528,263	$37,897,580
CNH	CNH Industrial N.V.	572,723	$6,431,679
RGA	Reinsurance Group Of America Inc	14,675	$3,120,638
WDAY	Workday, Inc.	23,357	$2,859,363
EL	Estee Lauder Companies Inc	20,227	$1,596,921
ABT	Abbott Laboratories	17,002	$1,542,761
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

53 tracked positions · $541,179,337 total · filing declares 54 positions · $544,374,772 · as of Sep 30, 2026

All sectors Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 53 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
QGEN	Qiagen N.V. Healthcare	Reduced	1,351,360	-244,366	$59,135,513	−5.2%	10.93%
CLX	Clorox Co Consumer Defensive	Added	665,198	+136,460	$53,887,689	+6.8%	9.96%
CWT	California Water Service Group Utilities	Reduced	857,792	-238,285	$39,690,035	−25.6%	7.33%
TECH	BIO-TECHNE Corp Healthcare	Added	428,379	+322,583	$31,044,626	+315.3%	5.74%
SOLV	Solventum Corp Healthcare	Reduced	271,255	-93,275	$23,911,128	−15.0%	4.42%
KVUE	Kenvue Inc. Consumer Defensive	Reduced	1,301,981	-146,507	$22,992,984	−16.9%	4.25%
KMB	Kimberly Clark Corp Consumer Defensive	Added	214,737	+6,957	$20,921,825	−8.3%	3.87%
LNN	Lindsay Corp Industrials	Reduced	179,048	-235	$20,042,633	−9.7%	3.70%
ATR	Aptargroup, Inc. Healthcare	Reduced	151,678	-31,492	$18,377,306	−19.9%	3.40%
POR	Portland General Electric Co Utilities	Added	377,703	+103,327	$16,856,884	+18.5%	3.11%
ACN	Accenture plc Technology	Reduced	89,196	-47,008	$16,355,870	−3.5%	3.02%
AVA	Avista Corp Utilities	Added	465,400	+176,370	$16,330,886	+38.1%	3.02%
ACA	Arcosa, Inc. Industrials	NEW	94,541	NEW	$13,817,167	NEW	2.55%
MRTN	Marten Transport Ltd Industrials	Added	882,942	+336,071	$11,407,610	+20.2%	2.11%
BDX	Becton Dickinson & Co Healthcare	Reduced	63,626	-32,989	$11,389,054	−22.1%	2.10%
AIG	American International Group, Inc. Financial Services	Added	149,872	+109,827	$11,153,474	+273.7%	2.06%
DHR	Danaher Corp Healthcare	Added	45,281	+28,119	$10,032,005	+206.9%	1.85%
WERN	Werner Enterprises Inc Industrials	Added	276,982	+87,037	$9,411,848	+13.6%	1.74%
HSIC	Henry Schein Inc Healthcare	Reduced	108,388	-59,777	$9,101,340	−35.2%	1.68%
AVO	Mission Produce, Inc. Consumer Defensive	Added	680,895	+179,808	$8,926,533	+51.1%	1.65%
RAMP	LiveRamp Holdings, Inc. Technology	Added	219,620	+139,045	$8,240,142	+171.7%	1.52%
WTRG	Essential Utilities, Inc. Utilities	Reduced	206,016	-32,880	$8,073,767	−11.8%	1.49%
EG	Everest Group, Ltd. Financial Services	Reduced	20,558	-7,840	$7,507,164	−26.0%	1.39%
NKE	NIKE, Inc. Consumer Cyclical	Reduced	200,343	-20,493	$7,092,142	−21.8%	1.31%
GGG	Graco Inc Industrials	Added	90,292	+12,563	$6,938,037	+18.1%	1.28%
ALC	Alcon Inc Healthcare	Reduced	100,049	-10,723	$6,478,172	−12.8%	1.20%
HTO	H2o America Utilities	Reduced	93,068	-61,378	$5,735,780	−38.9%	1.06%
ARE	Alexandria Real Estate Equities, Inc. Real Estate	Reduced	112,638	-13,996	$5,345,799	−20.1%	0.99%
DGX	Quest Diagnostics Inc Healthcare	Reduced	22,784	-4,686	$5,310,266	−8.8%	0.98%
AWK	American Water Works Company, Inc. Utilities	Added	40,148	+4,181	$5,197,961	+9.8%	0.96%
STE	STERIS plc Healthcare	Added	24,638	+10,566	$5,174,226	+74.6%	0.96%
SAFT	Safety Insurance Group Inc Financial Services	NEW	41,665	NEW	$4,315,660	NEW	0.80%
MKTX	Marketaxess Holdings Inc Financial Services	NEW	25,690	NEW	$4,211,104	NEW	0.78%
NOC	Northrop Grumman Corp Industrials	Reduced	7,932	-1,181	$3,834,963	−17.4%	0.71%
CALM	Cal-Maine Foods Inc Consumer Defensive	Reduced	46,875	-5,043	$3,190,312	−23.7%	0.59%
		NEW	30,600	NEW	$2,899,350	NEW	0.54%
MWA	Mueller Water Products, Inc. Industrials	NEW	129,086	NEW	$2,741,786	NEW	0.51%
ED	Consolidated Edison Inc Utilities	Added	26,451	+12,421	$2,703,556	+74.2%	0.50%
MSEX	Middlesex Water Co Utilities	Reduced	50,485	-35,345	$2,674,190	−44.5%	0.49%
ALG	Alamo Group Inc Industrials	Reduced	16,945	-2,706	$2,622,577	−18.9%	0.48%
XYL	Xylem Inc. Industrials	Added	25,621	+12,045	$2,594,638	+61.7%	0.48%
IWS	iShares Russell Mid-Cap Value ETF	Reduced	10,939	-11,917	$1,758,334	−53.3%	0.32%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	2,545	-33,119	$1,718,002	−90.4%	0.32%
WAT	Waters Corp Healthcare	Reduced	3,810	-6,952	$1,674,075	−58.5%	0.31%
GL	Globe Life Inc. Financial Services	Reduced	9,960	-800	$1,649,874	−14.2%	0.30%
IEX	Idex Corp Industrials	Reduced	6,956	-503	$1,585,828	−6.3%	0.29%
MMM	3M Co Industrials	Reduced	9,070	-11,542	$1,488,840	−55.4%	0.28%
A	Agilent Technologies, Inc. Healthcare	Reduced	8,151	-5,084	$1,404,498	−20.1%	0.26%
DOC	Healthpeak Properties, Inc. Real Estate	Reduced	68,034	-79,101	$1,358,638	−56.9%	0.25%
ITB	iShares U.S. Home Construction ETF	NEW	4,858	NEW	$422,743	NEW	0.08%

Showing the top 50 of 53 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.