Gallagher Fiduciary Advisors, LLC

CIK

1527781

Location

ROLLING MEADOWS, IL

Portfolio Value

Mid $2,478,640,346

Diversification

Highly concentrated

Reports for

Arthur J. Gallagher & Co. Gallagher Benefit Services, Inc.

Filing Date

Global Rank

#1,183 / 8,691 ▲ 80

Top Industry

Restaurants 47.2%

Period ended 2 months ago

Filed Aug 14, 2026 · 26d

26 quarters · since Mar 2020

Portfolio Concentration

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

Top Position

46.4%

−6.2 pts

Top 5

93.0%

+7.8 pts

Top 10

95.0%

+2.1 pts

HHI

3,054

Highly concentrated−36

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Consumer Cyclical	46.8%	$1,159,954,241	19
Utilities	26.5%	$655,918,584	13
Industrials	14.4%	$356,339,314	27
Real Estate	5.1%	$126,146,691	16
Financial Services	2.8%	$69,996,880	38
Unclassified	1.6%	$39,898,572	8
Technology	1.2%	$29,805,115	27
Healthcare	0.4%	$10,543,841	19
Energy	0.3%	$8,166,550	13
Basic Materials	0.3%	$7,868,702	7
Communication Services	0.3%	$7,389,108	12
Consumer Defensive	0.3%	$6,612,748	9

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
PCG	PG&E Corp	+20,118,924	38,625,717	$649,684,559
VZ	Verizon Communications Inc	+4,718	32,822	$1,389,683
PTEN	Patterson Uti Energy Inc	+2,835	37,693	$346,021
TGT	Target Corp	+2,589	6,012	$785,227
T	At&T Inc.	+2,458	36,061	$746,462
UGI	Ugi Corp /Pa/	+1,773	11,918	$411,647
FNF	Fidelity National Financial, Inc.	+1,510	9,072	$427,835
PFE	Pfizer Inc	+1,235	30,148	$725,963
SON	Sonoco Products Co	+887	8,223	$463,366
HAL	Halliburton Co	+802	8,097	$274,893
STAG	STAG Industrial, Inc.	+723	11,017	$419,307
CMCSA	Comcast Corp	+700	12,757	$313,184
ADC	Agree Realty Corp	+653	5,608	$424,749
OMC	Omnicom Group Inc.	+645	5,236	$381,337
COLB	Columbia Banking System, Inc.	+599	13,414	$429,918
TFC	Truist Financial Corp	+544	8,090	$403,043
WFC	Wells Fargo & Company/Mn	+493	7,059	$583,355
SJM	J M SMUCKER Co	+414	3,994	$449,325
GE	General Electric Co	+405	2,890	$1,080,079
NXST	Nexstar Media Group, Inc.	+404	2,255	$402,720
MTN	Vail Resorts Inc	+348	2,929	$398,783
CUZ	Cousins Properties Inc	+342	14,242	$426,975
ARCC	Ares Capital Corp	+331	12,998	$240,852
BAC	Bank Of America Corp /De/	+327	13,317	$758,802
PEP	Pepsico Inc	+307	3,523	$477,014
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SPY	Spdr S&P 500 ETF Trust	−15,554,239	27,774	$20,740,789
VEA	Vanguard FTSE Developed Markets ETF	−11,938,021	198,842	$14,167,492
AIRR	First Trust RBA American Industrial Renaissance ETF	−297,808	21,695	$2,890,858
DAL	Delta Air Lines, Inc.	−201,696	3,637,451	$340,683,659
MCD	Mcdonalds Corp	−73,335	4,252,478	$1,149,487,327
BAI	iShares A.I. Innovation and Tech Active ETF	−56,242	11,055	$582,819
BEN	Franklin Templeton Inc	−28,399	1,379,739	$45,903,915
CLF	Cleveland-Cliffs Inc.	−21,763	585,516	$5,497,994
AGGY	WisdomTree Yield Enhanced U.S. Aggregate Bond Fund	−8,333	11,914	$518,020
BDN	Brandywine Realty Trust	−4,285	116,790	$370,224
GT	Goodyear Tire & Rubber Co /Oh/	−3,697	24,730	$163,218
CBRE	Cbre Group, Inc.	−3,622	880,234	$118,558,716
GTN	Gray Media, Inc	−2,979	66,399	$263,604
KOS	Kosmos Energy Ltd.	−2,688	147,715	$311,678
MQ	Marqeta, Inc.	−1,800	53,546	$217,396
BSX	Boston Scientific Corp	−1,619	6,710	$286,382
CMTG	Claros Mortgage Trust, Inc.	−1,430	33,506	$78,739
CIM	Chimera Investment Corp	−1,353	39,949	$532,919
HL	Hecla Mining Co/De/	−1,297	19,971	$308,152
IRT	Independence Realty Trust, Inc.	−1,194	47,801	$797,798
HON	Honeywell International Inc	−1,133	1,113	$249,200
SBRA	Sabra Health Care REIT, Inc.	−1,044	30,415	$593,396
VLY	Valley National Bancorp	−1,008	60,084	$880,230
ECHO	EchoStar CORP	−1,007	3,590	$364,385
INVH	Invitation Homes Inc.	−944	11,038	$333,457
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 positions

Ticker	Company	Shares	Value
HUT	Hut 8 Corp.	4,158	$480,020
LRCX	Lam Research Corp	915	$396,496
CRWD	CrowdStrike Holdings, Inc.	472	$360,202
ACN	Accenture plc	2,192	$272,772
GEV	GE Vernova Inc.	232	$272,567
HONA	Honeywell Aerospace Inc.	1,113	$246,062
APLD	Applied Digital Corp.	6,533	$243,680
VAC	MARRIOTT VACATIONS WORLDWIDE Corp	2,224	$226,581
LLY	ELI LILLY & Co	180	$215,897
COHR	Coherent Corp.	528	$208,280
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
AAXJ	iShares MSCI All Country Asia ex Japan ETF	128,675,654	$133,776,110
ACSG	American Century Small Cap Growth Insights ETF	1,090,439	$69,558,823
VB	Vanguard Morningstar Small-Cap ETF	153,280,905	$52,851,326
AFGR	First Trust Active Factor Large Cap Growth ETF	671,153	$24,729,397
IVOG	Vanguard S&P Mid-Cap 400 Growth ETF	144,690	$14,720,760
AAPR	Innovator Equity Defined Protection ETF - 2 Yr to April 2028	297,663	$9,369,484
FNDA	Schwab Fundamental U.S. Small Company ETF	69,317,529	$5,956,208
AAAP	Pacer Barings CLO Market Flex ETF	83,558	$4,329,139
ABI	VictoryShares Pioneer Asset-Based Income ETF	60,395	$3,294,547
FBCG	Fidelity Blue Chip Growth ETF	78,839	$3,254,861
ACYN	FT Vest Laddered Autocallable Barrier & Income ETF	31,251	$2,959,300
XLBI	State Street Materials Select Sector SPDR Premium Income ETF	21,885	$2,857,037
—		52,677	$2,183,613
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	3,003,410	$2,163,150
CVY	Invesco Zacks Multi-Asset Income ETF	12,212	$918,220
IVZ	Invesco Ltd.	3,797	$902,243
—		61,523,028	$823,381
FAAA	Fidelity AAA CLO ETF	2,031,399	$732,421
BILZ	PIMCO Ultra Short Government Active ETF	14,059,315	$702,609
BBAG	JPMorgan BetaBuilders U.S. Aggregate Bond ETF	7,532	$570,473
BCHP	Principal Focused Blue Chip ETF	29,716	$563,415
BNDW	Vanguard Total World Bond ETF	6,426,513	$518,703
STT	State Street Corp	10,042	$495,773
AES	Aes Corp	27,476	$387,136
VIGI	Vanguard International Dividend Appreciation ETF	8,811,881	$312,442
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

208 tracked positions · $2,478,640,346 total · filing declares 362 positions · $3,038,740,838 · 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 208 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	4,252,478	-73,335	$1,149,487,327	−14.5%	46.38%
PCG	PG&E Corp Utilities	Added	38,625,717	+20,118,924	$649,684,559	+99.8%	26.21%
DAL	Delta Air Lines, Inc. Industrials	Reduced	3,637,451	-201,696	$340,683,659	+33.5%	13.74%
CBRE	Cbre Group, Inc. Real Estate	Reduced	880,234	-3,622	$118,558,716	−1.0%	4.78%
BEN	Franklin Templeton Inc Financial Services	Reduced	1,379,739	-28,399	$45,903,915	+38.0%	1.85%
SPY	Spdr S&P 500 ETF Trust	Reduced	27,774	-15,554,239	$20,740,789	+5658.4%	0.84%
VEA	Vanguard FTSE Developed Markets ETF	Reduced	198,842	-11,938,021	$14,167,492	+1896.4%	0.57%
CLF	Cleveland-Cliffs Inc. Basic Materials	Reduced	585,516	-21,763	$5,497,994	+7.1%	0.22%
AAPL	Apple Inc. Technology	Reduced	17,403	-105	$5,035,732	+13.3%	0.20%
NVDA	Nvidia Corp Technology	Reduced	19,303	-42	$3,862,337	+14.5%	0.16%
MU	Micron Technology Inc Technology	Reduced	3,290	-5	$3,797,614	+241.1%	0.15%
AIRR	First Trust RBA American Industrial Renaissance ETF	Reduced	21,695	-297,808	$2,890,858	−81.9%	0.12%
XOM	ExxonMobil Holdings Corp Energy	Reduced	19,767	-723	$2,702,544	−22.3%	0.11%
MMM	3M Co Industrials	Reduced	16,578	-98	$2,684,143	+10.8%	0.11%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	6,712	-10	$2,197,038	+11.1%	0.09%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	4,216	-64	$2,109,644	+2.9%	0.09%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	8,776	-450	$2,091,671	+8.9%	0.08%
MSFT	Microsoft Corp Technology	Added	5,170	+138	$1,928,513	+3.5%	0.08%
GOOGL	Alphabet Inc. Communication Services	Reduced	4,530	-7	$1,612,615	+23.7%	0.07%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	3,813	-265	$1,603,747	+5.8%	0.06%
SANM	Sanmina Corp Technology	Reduced	6,268	-142	$1,586,305	+90.9%	0.06%
JNJ	Johnson & Johnson Healthcare	Reduced	5,865	-60	$1,489,534	+2.8%	0.06%
NPO	Enpro Inc. Industrials	Reduced	3,858	-48	$1,454,195	+48.5%	0.06%
XEL	Xcel Energy Inc Utilities	Held	17,952	0	$1,441,545	+1.1%	0.06%
VZ	Verizon Communications Inc Communication Services	Added	32,822	+4,718	$1,389,683	−1.5%	0.06%
ABBV	AbbVie Inc. Healthcare	Reduced	5,508	-52	$1,386,033	+14.6%	0.06%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	9,050	+254	$1,327,092	+4.5%	0.05%
CVX	Chevron Corp Energy	Reduced	7,858	-128	$1,302,542	−21.2%	0.05%
INTC	Intel Corp Technology	Reduced	9,191	-67	$1,283,339	+214.1%	0.05%
CSCO	Cisco Systems, Inc. Technology	Added	10,728	+72	$1,260,110	+52.4%	0.05%
UCTT	Ultra Clean Holdings, Inc. Technology	Reduced	8,779	-142	$1,251,797	+125.7%	0.05%
VSH	Vishay Intertechnology Inc Technology	Reduced	23,153	-615	$1,245,168	+191.0%	0.05%
KO	Coca Cola Co Consumer Defensive	Reduced	15,091	-289	$1,226,445	+4.9%	0.05%
IBM	International Business Machines Corp Technology	Reduced	4,329	-116	$1,217,358	+13.0%	0.05%
WMT	Walmart Inc. Consumer Defensive	Reduced	10,099	-69	$1,143,812	−9.5%	0.05%
MRVL	Marvell Technology, Inc. Technology	Reduced	3,722	-151	$1,108,746	+189.0%	0.04%
KRG	Kite Realty Group Trust Real Estate	Reduced	38,910	-642	$1,104,265	+13.7%	0.04%
GE	General Electric Co Industrials	Added	2,890	+405	$1,080,079	+53.2%	0.04%
AMD	Advanced Micro Devices Inc Technology	Reduced	1,845	-91	$1,071,778	+172.1%	0.04%
UMBF	Umb Financial Corp Financial Services	Reduced	7,310	-123	$1,043,575	+24.5%	0.04%
AROW	Arrow Financial Corp Financial Services	Reduced	25,106	-589	$1,029,094	+19.3%	0.04%
TRS	Trimas Corp Consumer Cyclical	Reduced	21,551	-354	$970,441	+23.3%	0.04%
CMC	COMMERCIAL METALS Co Industrials	Reduced	15,417	-389	$967,416	−0.4%	0.04%
CYTK	Cytokinetics Inc Healthcare	Reduced	11,322	-255	$964,521	+26.4%	0.04%
PRK	Park National Corp /Oh/ Financial Services	Reduced	5,065	-66	$926,844	+10.5%	0.04%
UNF	Unifirst Corp Industrials	Reduced	3,355	-31	$887,263	+4.2%	0.04%
WELL	Welltower Inc. Real Estate	Reduced	3,881	-100	$880,870	+11.9%	0.04%
VLY	Valley National Bancorp Financial Services	Reduced	60,084	-1,008	$880,230	+17.3%	0.04%
TTMI	Ttm Technologies Inc Technology	Reduced	4,608	-119	$861,788	+87.1%	0.03%
RUSHA	Rush Enterprises Inc \Tx\ Consumer Cyclical	Reduced	7,431	-99	$813,527	+8.9%	0.03%

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.