10-15 ASSOCIATES, INC.

CIK

1511144

Location

Goshen, NY

Portfolio Value

Small $421,745,581

Diversification

Diversified

Filing Date

Global Rank

#1,797 / 5,288 ▼ 114

Top Industry

Telecom Services 12.9%

3Y Alpha vs SPY

-7.0%

Period ended 5 years ago

Filed Oct 13, 2020 · 5y

3 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

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

Cloned portfolio

+47.4%

SPY

+76.3%

Annualised alpha

-7.0%

Max drawdown

−16.0%

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

69 positions · as of Sep 30, 2020 · Δ vs Jun 30, 2020

Top Position

9.3%

+0.1 pts

Top 5

25.2%

−0.8 pts

Top 10

42.2%

−1.3 pts

HHI

332

Diversified−2

Portfolio Trend

3 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2020

Sector	% Portfolio	Value	Positions
Technology	24.8%	$104,501,509	12
Healthcare	17.0%	$71,551,970	11
Communication Services	14.4%	$60,617,361	7
Industrials	11.9%	$50,130,868	8
Consumer Defensive	10.8%	$45,392,042	6
Financial Services	9.9%	$41,826,850	8
Basic Materials	3.8%	$16,206,669	3
Unclassified	2.6%	$10,965,949	2
Energy	2.4%	$10,085,941	3
Consumer Cyclical	1.8%	$7,633,833	5
Real Estate	0.5%	$2,265,767	2
Utilities	0.1%	$566,822	2

Last Quarter's Activity

Export CSV

Sep 30, 2020 vs Jun 30, 2020

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AAPL	Apple Inc.	+76,687	112,854	$13,069,621
EPD	Enterprise Products Partners L.P.	+11,381	436,885	$6,898,414
LYB	LyondellBasell Industries N.V.	+8,966	157,552	$11,105,840
EMR	Emerson Electric Co	+4,600	31,335	$2,054,635
KMI	Kinder Morgan, Inc.	+4,390	123,019	$1,516,824
JPM	Jpmorgan Chase & Co	+3,905	146,354	$14,089,499
BMY	Bristol Myers Squibb Co	+3,440	40,698	$2,453,682
SPY	Spdr S&P 500 ETF Trust	+3,244	30,912	$10,352,119
CMCSA	Comcast Corp	+3,164	307,233	$13,320,148
XOM	Exxon Mobil Corp	+2,691	48,666	$1,670,703
INTC	Intel Corp	+2,546	267,636	$13,858,192
CSCO	Cisco Systems, Inc.	+2,368	303,940	$11,972,196
PEP	Pepsico Inc	+2,059	108,034	$14,973,512
GD	General Dynamics Corp	+1,912	73,692	$10,201,183
IBM	International Business Machines Corp	+1,855	4,117	$478,886
TSLA	Tesla, Inc.	+1,547	1,868	$267,130
LMT	Lockheed Martin Corp	+1,235	28,386	$10,879,786
T	At&T Inc.	+816	28,454	$612,705
CBRE	Cbre Group, Inc.	+740	46,635	$2,190,445
MSFT	Microsoft Corp	+303	98,695	$20,758,519
ELV	Elevance Health, Inc.	+207	49,094	$13,186,157
CB	Chubb Ltd	+120	95,575	$11,098,169
QCOM	Qualcomm Inc/De	+26	2,704	$318,206
MRK	Merck & Co., Inc.	+17	178,038	$14,091,850
CVS	CVS HEALTH Corp	+9	40,990	$2,393,816
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ABBV	AbbVie Inc.	−142,305	28,537	$2,499,555
CARR	CARRIER GLOBAL Corp	−53,182	95,171	$2,906,522
UPS	United Parcel Service Inc	−37,633	79,596	$13,263,081
SAP	Sap SE	−32,510	60,295	$9,394,563
VZ	Verizon Communications Inc	−29,963	658,274	$39,160,720
JNJ	Johnson & Johnson	−20,040	105,623	$15,725,152
ZTS	Zoetis Inc.	−10,837	16,758	$2,771,270
PFE	Pfizer Inc	−7,311	377,404	$13,141,094
KO	Coca Cola Co	−6,735	4,151	$204,934
DIS	Walt Disney Co	−3,900	29,415	$3,649,813
ACN	Accenture plc	−3,477	70,055	$15,831,729
GIS	General Mills Inc	−2,848	242,325	$14,946,606
ZBRA	Zebra Technologies Corp	−2,692	8,593	$2,169,388
PG	PROCTER & GAMBLE Co	−2,296	103,908	$14,442,172
BAC	Bank Of America Corp /De/	−2,165	115,516	$2,782,780
OTEX	Open Text Corp	−1,570	67,600	$2,855,424
KKR	KKR & Co. Inc.	−1,531	314,287	$10,792,615
BX	Blackstone Inc.	−1,398	34,195	$1,784,979
SBUX	Starbucks Corp	−1,159	37,410	$3,214,267
ALB	Albemarle Corp	−993	27,020	$2,412,345
DIA	Spdr Dow Jones Industrial Average ETF Trust	−855	2,212	$613,830
AMGN	Amgen Inc	−718	18,086	$4,596,737
F	Ford Motor Co	−675	14,613	$97,322
EA	Electronic Arts Inc.	−662	24,507	$3,195,957
BA	Boeing Co	−572	35,554	$5,875,654
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
AMAT	Applied Materials Inc /De	197,350	$11,732,457
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
NTR	Nutrien Ltd.	55,157	$1,770,539
RTX	RTX Corp	20,598	$1,269,248
QQQ	Invesco Qqq Trust, Series 1	3,189	$789,596
GLD	Spdr Gold Trust	1,885	$315,492
PNC	Pnc Financial Services Group, Inc.	1,929	$202,950
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

69 positions · $421,745,581 total · as of Sep 30, 2020

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

Showing 1–50 of 69 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VZ	Verizon Communications Inc Communication Services	Reduced	658,274	-29,963	$39,160,720	+3.2%	9.29%
MSFT	Microsoft Corp Technology	Added	98,695	+303	$20,758,519	+3.7%	4.92%
ACN	Accenture plc Technology	Reduced	70,055	-3,477	$15,831,729	+0.3%	3.75%
JNJ	Johnson & Johnson Healthcare	Reduced	105,623	-20,040	$15,725,152	−11.0%	3.73%
PEP	Pepsico Inc Consumer Defensive	Added	108,034	+2,059	$14,973,512	+6.8%	3.55%
GIS	General Mills Inc Consumer Defensive	Reduced	242,325	-2,848	$14,946,606	−1.1%	3.54%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	103,908	-2,296	$14,442,172	+13.7%	3.42%
MRK	Merck & Co., Inc. Healthcare	Added	178,038	+17	$14,091,850	+7.3%	3.34%
JPM	Jpmorgan Chase & Co Financial Services	Added	146,354	+3,905	$14,089,499	+5.2%	3.34%
INTC	Intel Corp Technology	Added	267,636	+2,546	$13,858,192	−12.6%	3.29%
CMCSA	Comcast Corp Communication Services	Added	307,233	+3,164	$13,320,148	+19.9%	3.16%
UPS	United Parcel Service Inc Industrials	Reduced	79,596	-37,633	$13,263,081	+1.8%	3.14%
ELV	Elevance Health, Inc. Healthcare	Added	49,094	+207	$13,186,157	+2.6%	3.13%
PFE	Pfizer Inc Healthcare	Reduced	377,404	-7,311	$13,141,094	+10.1%	3.12%
AAPL	Apple Inc. Technology	Added	112,854	+76,687	$13,069,621	+296.2%	3.10%
CSCO	Cisco Systems, Inc. Technology	Added	303,940	+2,368	$11,972,196	−14.9%	2.84%
AMAT	Applied Materials Inc /De Technology	NEW	197,350	NEW	$11,732,457	NEW	2.78%
LYB	LyondellBasell Industries N.V. Basic Materials	Added	157,552	+8,966	$11,105,840	+13.7%	2.63%
CB	Chubb Ltd Financial Services	Added	95,575	+120	$11,098,169	−8.2%	2.63%
LMT	Lockheed Martin Corp Industrials	Added	28,386	+1,235	$10,879,786	+9.8%	2.58%
KKR	KKR & Co. Inc. Financial Services	Reduced	314,287	-1,531	$10,792,615	+10.7%	2.56%
SPY	Spdr S&P 500 ETF Trust	Added	30,912	+3,244	$10,352,119	+21.3%	2.45%
GD	General Dynamics Corp Industrials	Added	73,692	+1,912	$10,201,183	−4.9%	2.42%
SAP	Sap SE Technology	Reduced	60,295	-32,510	$9,394,563	−27.7%	2.23%
EPD	Enterprise Products Partners L.P. Energy	Added	436,885	+11,381	$6,898,414	−10.8%	1.64%
BA	Boeing Co Industrials	Reduced	35,554	-572	$5,875,654	−11.3%	1.39%
AMGN	Amgen Inc Healthcare	Reduced	18,086	-718	$4,596,737	+3.6%	1.09%
JD	JD.com, Inc. Consumer Cyclical	Reduced	49,558	-17	$3,846,196	+28.9%	0.91%
DIS	Walt Disney Co Communication Services	Reduced	29,415	-3,900	$3,649,813	−1.8%	0.87%
FDX	Fedex Corp Industrials	Reduced	13,552	-161	$3,408,599	+77.3%	0.81%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	37,410	-1,159	$3,214,267	+13.2%	0.76%
EA	Electronic Arts Inc. Communication Services	Reduced	24,507	-662	$3,195,957	−3.8%	0.76%
CARR	CARRIER GLOBAL Corp Industrials	Reduced	95,171	-53,182	$2,906,522	−11.8%	0.69%
OTEX	Open Text Corp Technology	Reduced	67,600	-1,570	$2,855,424	−2.8%	0.68%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	115,516	-2,165	$2,782,780	−0.4%	0.66%
ZTS	Zoetis Inc. Healthcare	Reduced	16,758	-10,837	$2,771,270	−26.7%	0.66%
APD	Air Products & Chemicals, Inc. Basic Materials	Reduced	9,026	-566	$2,688,484	+16.1%	0.64%
ABBV	AbbVie Inc. Healthcare	Reduced	28,537	-142,305	$2,499,555	−85.1%	0.59%
BMY	Bristol Myers Squibb Co Healthcare	Added	40,698	+3,440	$2,453,682	+12.0%	0.58%
ALB	Albemarle Corp Basic Materials	Reduced	27,020	-993	$2,412,345	+11.5%	0.57%
CVS	CVS HEALTH Corp Healthcare	Added	40,990	+9	$2,393,816	−10.1%	0.57%
CBRE	Cbre Group, Inc. Real Estate	Added	46,635	+740	$2,190,445	+5.5%	0.52%
ZBRA	Zebra Technologies Corp Technology	Reduced	8,593	-2,692	$2,169,388	−24.9%	0.51%
ADI	Analog Devices Inc Technology	Reduced	17,666	-483	$2,062,328	−7.3%	0.49%
EMR	Emerson Electric Co Industrials	Added	31,335	+4,600	$2,054,635	+23.9%	0.49%
BX	Blackstone Inc. Financial Services	Reduced	34,195	-1,398	$1,784,979	−11.5%	0.42%
XOM	Exxon Mobil Corp Energy	Added	48,666	+2,691	$1,670,703	−18.7%	0.40%
VRSK	Verisk Analytics, Inc. Industrials	Held	8,318	0	$1,541,408	+8.9%	0.37%
KMI	Kinder Morgan, Inc. Energy	Added	123,019	+4,390	$1,516,824	−15.7%	0.36%
AXP	American Express Co Financial Services	Added	6,288	+2	$630,372	+5.3%	0.15%