Gallagher Fiduciary Advisors, LLC

CIK

1527781

Location

ROLLING MEADOWS, IL

Portfolio Value

Large $12,330,099,339

Diversification

Highly concentrated

Filing Date

Global Rank

#371 / 8,556 ▲ 754

Top Industry

Restaurants 61.3%

3Y Alpha vs SPY

-17.3%

Period ended 2 months ago

Filed May 15, 2026 · 19d

25 quarters · since Mar 2020

Portfolio Concentration

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

Top Position

82.2%

+22.4 pts

Top 5

98.8%

+4.9 pts

Top 10

99.2%

+3.7 pts

HHI

6,886

Highly concentrated +2,917

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	82.2%	$10,134,568,593	4
Consumer Cyclical	11.0%	$1,355,811,841	21
Utilities	2.7%	$331,809,868	14
Industrials	2.2%	$268,420,116	25
Real Estate	1.0%	$127,523,244	17
Financial Services	0.4%	$52,193,394	36
Technology	0.1%	$18,458,740	22
Healthcare	0.1%	$10,267,276	19
Energy	0.1%	$9,945,264	13
Basic Materials	0.1%	$7,587,406	7
Communication Services	0.1%	$7,313,197	13
Consumer Defensive	0.1%	$6,200,400	9

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
SPY	Spdr S&P 500 ETF Trust	+15,560,664	15,582,013	$10,133,606,333
PTEN	Patterson Uti Energy Inc	+12,211	34,858	$377,512
RIOT	Riot Platforms, Inc.	+9,138	21,975	$271,611
AMRC	Ameresco, Inc.	+5,884	13,773	$351,211
T	At&T Inc.	+1,339	33,603	$974,150
VZ	Verizon Communications Inc	+1,291	28,104	$1,410,820
CMCSA	Comcast Corp	+1,162	12,057	$346,156
ANGO	Angiodynamics Inc	+933	45,832	$521,109
INVH	Invitation Homes Inc.	+671	11,982	$297,752
CUZ	Cousins Properties Inc	+628	13,900	$313,723
BSX	Boston Scientific Corp	+413	8,329	$522,644
ORCL	Oracle Corp	+362	2,434	$358,065
ARCC	Ares Capital Corp	+334	12,667	$228,259
MSFT	Microsoft Corp	+255	5,032	$1,862,695
FNF	Fidelity National Financial, Inc.	+249	7,562	$350,725
CARR	CARRIER GLOBAL Corp	+211	5,926	$333,693
CI	Cigna Group	+200	1,400	$373,450
RF	Regions Financial Corp	+156	18,648	$487,085
BAC	Bank Of America Corp /De/	+143	12,990	$633,262
LIN	Linde PLC	+138	878	$435,277
GPC	Genuine Parts Co	+126	3,364	$355,743
CSCO	Cisco Systems, Inc.	+122	10,656	$826,799
ES	Eversource Energy	+112	8,397	$581,744
CEG	Constellation Energy Corp	+110	1,436	$401,003
DIS	Walt Disney Co	+89	4,585	$441,902
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PCG	PG&E Corp	−919,821	18,506,793	$325,164,352
DAL	Delta Air Lines, Inc.	−202,243	3,839,147	$255,226,491
MCD	Mcdonalds Corp	−100,248	4,325,813	$1,344,419,421
CLF	Cleveland-Cliffs Inc.	−57,487	607,279	$5,131,507
KOS	Kosmos Energy Ltd.	−48,318	150,403	$418,120
LUMN	Lumen Technologies, Inc.	−22,119	46,011	$319,776
GTN	Gray Media, Inc	−17,656	69,378	$301,100
BEN	Franklin Resources Inc	−15,934	1,408,138	$33,260,218
CBRE	Cbre Group, Inc.	−10,743	883,856	$119,727,132
KW	Kennedy-Wilson Holdings, Inc.	−8,817	80,103	$866,714
UCTT	Ultra Clean Holdings, Inc.	−7,083	8,921	$554,707
PRAA	Pra Group Inc	−6,892	21,345	$373,537
AES	Aes Corp	−6,634	27,476	$387,136
VLY	Valley National Bancorp	−6,525	61,092	$750,209
BRSP	BrightSpire Capital, Inc.	−5,631	46,192	$258,675
MQ	Marqeta, Inc.	−5,621	55,346	$225,811
IRT	Independence Realty Trust, Inc.	−4,797	48,995	$729,535
KRG	Kite Realty Group Trust	−4,422	39,552	$971,001
CIM	Chimera Investment Corp	−3,966	41,302	$518,340
PFE	Pfizer Inc	−3,697	28,913	$811,877
SBRA	Sabra Health Care REIT, Inc.	−3,403	31,459	$604,956
EBC	Eastern Bankshares, Inc.	−3,298	32,647	$638,575
COLB	Columbia Banking System, Inc.	−3,221	12,815	$351,515
SANM	Sanmina Corp	−3,207	6,410	$830,992
AROW	Arrow Financial Corp	−2,725	25,695	$862,581
No positions match the current search.

New Positions

Positions the filer opened this quarter

14 positions

Ticker	Company	Shares	Value
SATS	EchoStar CORP	4,597	$538,170
TTMI	Ttm Technologies Inc	4,727	$460,504
HL	Hecla Mining Co/De/	21,268	$396,222
DRI	Darden Restaurants Inc	1,909	$374,240
PRAX	Praxis Precision Medicines, Inc.	990	$318,968
PBF	PBF Energy Inc.	6,374	$303,529
CDE	Coeur Mining, Inc.	15,534	$291,573
BG	Bunge Global SA	1,758	$223,617
Q	Qnity Electronics, Inc.	1,933	$223,029
VSAT	Viasat Inc	4,783	$219,061
BXC	BlueLinx Holdings Inc.	3,998	$216,611
TSM	Taiwan Semiconductor Manufacturing Co Ltd	607	$205,135
NTLA	Intellia Therapeutics, Inc.	11,651	$149,365
PTON	Peloton Interactive, Inc.	11,891	$51,012
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
CRWD	CrowdStrike Holdings, Inc.	472	$221,254
BLK	BlackRock, Inc.	202	$216,208
ALIT	Alight, Inc. / Delaware	50,366	$98,213
PACB	Pacific Biosciences Of California, Inc.	23,486	$43,918
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

200 positions · $12,330,099,339 total · as of Mar 31, 2026

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

Showing 51–100 of 200 positions by value · page 2 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MAS	Masco Corp /De/ Industrials	Added	5,673	+80	$342,479	−3.5%	0.00%
SJM	J M SMUCKER Co Consumer Defensive	Reduced	3,580	-149	$345,255	−5.3%	0.00%
OMC	Omnicom Group Inc. Communication Services	Reduced	4,591	-667	$345,748	−18.6%	0.00%
CMCSA	Comcast Corp Communication Services	Added	12,057	+1,162	$346,156	+13.4%	0.00%
TFC	Truist Financial Corp Financial Services	Reduced	7,546	-1,514	$346,889	−22.2%	0.00%
FAST	Fastenal Co Industrials	Added	7,505	+39	$348,232	+16.2%	0.00%
UTHR	UNITED THERAPEUTICS Corp Healthcare	Added	591	+18	$350,451	+25.5%	0.00%
FNF	Fidelity National Financial, Inc. Financial Services	Added	7,562	+249	$350,725	−12.1%	0.00%
AMRC	Ameresco, Inc. Industrials	Added	13,773	+5,884	$351,211	+52.0%	0.00%
COLB	Columbia Banking System, Inc. Financial Services	Reduced	12,815	-3,221	$351,515	−21.6%	0.00%
HP	Helmerich & Payne, Inc. Energy	Reduced	9,845	-687	$354,715	+17.4%	0.00%
GPC	Genuine Parts Co Consumer Cyclical	Added	3,364	+126	$355,743	−10.6%	0.00%
ORCL	Oracle Corp Technology	Added	2,434	+362	$358,065	−11.3%	0.00%
WERN	Werner Enterprises Inc Industrials	Reduced	12,257	-1,075	$360,478	−9.9%	0.00%
JBHT	Hunt J B Transport Services Inc Industrials	Added	1,723	+22	$365,103	+10.4%	0.00%
UGI	Ugi Corp /Pa/ Utilities	Reduced	10,145	-2,409	$369,480	−21.4%	0.00%
DAKT	Daktronics Inc /Sd/ Technology	Reduced	18,929	-1,503	$370,061	−8.4%	0.00%
STAG	STAG Industrial, Inc. Real Estate	Reduced	10,294	-1,384	$371,201	−13.5%	0.00%
QQQ	Invesco Qqq Trust, Series 1	Added	647	+22	$373,435	−2.7%	0.00%
CI	Cigna Group Healthcare	Added	1,400	+200	$373,450	+13.1%	0.00%
ADC	Agree Realty Corp Real Estate	Reduced	4,955	-489	$373,507	−4.7%	0.00%
PRAA	Pra Group Inc Financial Services	Reduced	21,345	-6,892	$373,537	−25.2%	0.00%
MTH	Meritage Homes CORP Consumer Cyclical	Reduced	6,041	-584	$373,575	−14.3%	0.00%
DRI	Darden Restaurants Inc Consumer Cyclical	NEW	1,909	NEW	$374,240	NEW	0.00%
AGIO	Agios Pharmaceuticals, Inc. Healthcare	Reduced	11,077	-168	$374,734	+22.4%	0.00%
PTEN	Patterson Uti Energy Inc Energy	Added	34,858	+12,211	$377,512	+172.8%	0.00%
ABG	Asbury Automotive Group Inc Consumer Cyclical	Reduced	1,943	-255	$379,681	−25.7%	0.00%
MFC	Manulife Financial Corp Financial Services	Reduced	11,025	-2,155	$379,701	−20.6%	0.00%
AEO	American Eagle Outfitters Inc Consumer Cyclical	Reduced	22,812	-2,277	$380,960	−42.4%	0.00%
KBH	Kb Home Consumer Cyclical	Reduced	7,372	-716	$381,501	−16.4%	0.00%
CAT	Caterpillar Inc Industrials	Reduced	539	-104	$381,859	+3.7%	0.00%
SPG	Simon Property Group Inc. Real Estate	Reduced	2,051	-286	$382,573	−11.6%	0.00%
MRVL	Marvell Technology, Inc. Technology	Added	3,873	+35	$383,620	+17.6%	0.00%
WTFC	Wintrust Financial Corp Financial Services	Added	2,774	+61	$385,419	+1.6%	0.00%
CFG	Citizens Financial Group Inc/Ri Financial Services	Reduced	6,448	-2,287	$386,686	−24.2%	0.00%
AES	Aes Corp Utilities	Reduced	27,476	-6,634	$387,136	−20.9%	0.00%
AVNT	Avient Corp Basic Materials	Reduced	10,674	-492	$387,466	+11.1%	0.00%
AVO	Mission Produce, Inc. Consumer Defensive	Reduced	28,362	-2,522	$390,261	+8.9%	0.00%
FRT	Federal Realty Investment Trust Real Estate	Reduced	3,685	-420	$391,383	−5.4%	0.00%
AMD	Advanced Micro Devices Inc Technology	Added	1,936	+46	$393,840	−2.7%	0.00%
HL	Hecla Mining Co/De/ Basic Materials	NEW	21,268	NEW	$396,222	NEW	0.00%
UPS	United Parcel Service Inc Industrials	Reduced	4,033	-1,225	$396,766	−23.9%	0.00%
SON	Sonoco Products Co Consumer Cyclical	Reduced	7,336	-713	$396,804	+13.0%	0.00%
CEG	Constellation Energy Corp Utilities	Added	1,436	+110	$401,003	−14.4%	0.00%
NGG	National Grid PLC Utilities	Reduced	4,818	-1,114	$407,602	−11.2%	0.00%
INTC	Intel Corp Technology	Reduced	9,258	-140	$408,555	+17.8%	0.00%
OKE	Oneok Inc /New/ Energy	Reduced	4,533	-852	$409,737	+3.5%	0.00%
TGT	Target Corp Consumer Defensive	Reduced	3,423	-856	$414,867	−0.8%	0.00%
FERG	Ferguson Enterprises Inc. /DE/ Industrials	Added	1,781	+22	$415,436	+6.1%	0.00%
KOS	Kosmos Energy Ltd. Energy	Reduced	150,403	-48,318	$418,120	+131.2%	0.00%