Richard Bernstein Advisors LLC

Registered adviser

CIK

1528214

Location

NEW YORK, NY

Portfolio Value

Mid $3,447,077,076

Diversification

Moderately concentrated

Filing Date

Global Rank

#1,020 / 8,820 ▲ 24 · as of Mar 2026

Top Industry

Semiconductors 10.6%

Period ended 7 months ago

Filed Apr 22, 2026 · 6mo

25 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, Oct 1, 2026

Form ADV adviser

CRD 153577

Roster of Oct 1, 2026

Regulatory AUM

$180,796,911

Main clients

Pooled investment vehicles (100% of AUM)

LEI

2549008WHQ69DTACQ493

Form ADV history

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

Rosters	Regulatory AUM	Main clients
Sep 2026 to Oct 2026	$180,796,911	Pooled investment vehicles (100%)
Jul 2026 to Aug 2026	$3,786,778,287	Individuals and high net worth (81%)
Apr 2026 to Jun 2026	$3,786,778,287	Individuals and high net worth (81%)
Mar 2025 to Mar 2026	$4,954,561,817	Individuals and high net worth (63%)
Mar 2024 to Feb 2025	$5,235,676,824	Individuals and high net worth (66%)
May 2023 to Feb 2024	$5,238,538,747	Individuals and high net worth (67%)

5 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Mar 31, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 86.4% of the book (60%+)

Turnover

Medium turnover

82.9% over the last four quarters (30% to under 100%)

Horizon

Horizon unknown

The value-weighted holding period is at least 10.8 quarters, but 18.4% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 82.5%; sector active share 74.0% against the combined 13F book's sector weights.

Over time 25 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

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

Top Position

41.2%

+16.9 pts

Top 5

69.8%

+3.1 pts

Top 10

86.4%

−0.6 pts

HHI

1,975

Moderately concentrated+831

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	87.1%	$3,001,855,723	44
Industrials	3.3%	$112,393,077	64
Technology	3.2%	$110,375,327	20
Financial Services	1.5%	$53,267,546	32
Healthcare	1.0%	$34,282,298	16
Communication Services	1.0%	$34,095,094	6
Consumer Cyclical	0.7%	$25,159,791	5
Consumer Defensive	0.7%	$23,861,799	11
Energy	0.6%	$19,110,474	7
Utilities	0.4%	$13,487,354	8
Real Estate	0.4%	$12,106,683	8
Basic Materials	0.2%	$7,081,910	5

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

13 positions

Ticker	Company	Δ Shares	Shares	Value
PZA	Invesco National AMT-Free Municipal Bond ETF	+6,061,835	9,102,497	$209,175,381
QUAL	iShares MSCI USA Quality Factor ETF	+1,780,967	1,846,285	$354,135,925
MBB	iShares MBS ETF	+1,648,693	1,648,703	$156,544,349
—		+1,592,648	1,592,652	$145,950,629
EMXC	iShares MSCI Emerging Markets ex China ETF	+694,123	3,400,240	$267,462,878
SDY	State Street(R) SPDR(R) S&P(R) Dividend ETF	+120,778	1,139,462	$166,293,084
VT	VANGUARD TOTAL WORLD STOCK INDEX FUND	+98,051	102,468	$14,173,373
—		+40,484	55,886	$3,596,264
AGG	iShares Core U.S. Aggregate Bond ETF	+17,201	20,062	$1,991,554
MSFT	Microsoft Corp	+2,231	50,480	$18,686,181
JAAA	Janus Henderson AAA CLO ETF	+900	1,179	$59,386
AOM	iShares Core 40/60 Moderate Allocation ETF	+4	56	$2,652
BBJP	JPMorgan BetaBuilders Japan ETF	+1	256	$17,640
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
IQLT	iShares MSCI Intl Quality Factor ETF	−12,720,632	29,813	$1,378,254
JMBS	Janus Henderson Mortgage-Backed Securities ETF	−8,837,273	49,974	$2,257,825
SPTI	State Street(R) SPDR(R) Portfolio Intermediate Term Treasury ETF	−7,944,187	1,688	$48,378
—		−7,106,015	3,845	$112,197
XLU	State Street(R) Utilities Select Sector SPDR(R) ETF	−1,063,845	1,281	$58,785
TLH	iShares 10-20 Year Treasury Bond ETF	−1,049,310	1,401	$141,108
IXJ	iShares Global Healthcare ETF	−887,197	397,027	$37,137,905
FTEC	Fidelity MSCI Information Technology Index ETF	−739,953	594,003	$123,582,324
—		−703,935	206	$16,887
VTV	VANGUARD VALUE INDEX FUND	−692,359	969,895	$190,293,399
FDIS	Fidelity MSCI Consumer Discretionary Index ETF	−481,367	2,672	$249,190
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	−334,612	335,477	$37,190,980
BAR	GraniteShares Gold Trust	−44,451	2,151,643	$99,255,291
WMT	Walmart Inc.	−22,805	22,216	$2,761,004
T	At&T Inc.	−14,811	44,788	$1,298,404
SNDR	Schneider National, Inc.	−10,908	21,332	$562,311
ACT	Enact Holdings, Inc.	−10,857	29,814	$1,216,709
GLW	Corning Inc	−10,588	13,315	$1,810,440
XLF	State Street Corp	−8,489	6,244	$308,266
WDC	Western Digital Corp	−5,054	10,478	$2,834,194
NVT	nVent Electric plc	−4,440	10,738	$1,270,090
AAPL	Apple Inc.	−3,977	102,435	$25,996,978
NVDA	Nvidia Corp	−3,077	171,706	$29,945,526
GOOG	Alphabet Inc.	−2,692	33,713	$9,670,911
—		−2,403	2,208	$106,690
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
IDEV	iShares Core MSCI International Developed Markets ETF	6,178,128	$516,306,156
IEF	iShares 7-10 Year Treasury Bond ETF	3,673,879	$350,635,011
CLOA		6,186,664	$320,685,728
AGX	Argan Inc	8,425	$4,588,676
MTZ	Mastec Inc	13,515	$4,348,316
FIX	Comfort Systems USA Inc	2,845	$3,923,226
STRL	Sterling Infrastructure, Inc.	9,142	$3,723,262
EME	EMCOR Group, Inc.	4,487	$3,312,796
PRIM	Primoris Services Corp	21,836	$3,123,421
SAIA	Saia Inc	8,471	$2,975,692
BWXT	BWX Technologies, Inc.	14,428	$2,950,381
SPXC	SPX Technologies, Inc.	14,672	$2,933,519
HII	Huntington Ingalls Industries, Inc.	7,615	$2,892,938
CHRW	C. H. Robinson Worldwide, Inc.	17,311	$2,874,837
DY	Dycom Industries Inc	8,445	$2,861,334
CNM	Core & Main, Inc.	53,381	$2,637,021
OC	Owens Corning	24,121	$2,610,374
L	Loews Corp	24,315	$2,595,383
KMI	Kinder Morgan, Inc.	73,204	$2,454,530
WFC	Wells Fargo & Company	29,172	$2,322,382
CLH	Clean Harbors Inc	8,064	$2,312,190
KRMN	Karman Holdings Inc.	27,468	$2,198,813
OKE	Oneok Inc	24,281	$2,194,759
RBC	RBC Bearings INC	4,041	$2,194,747
REG	Regency Centers Corp	26,343	$1,993,111
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
BSX	Boston Scientific Corp	38,555	$3,676,219
MCK	Mckesson Corp	3,586	$2,941,559
CEG	Constellation Energy Corp	7,635	$2,697,216
GILD	Gilead Sciences, Inc.	21,121	$2,592,391
MO	Altria Group, Inc.	44,230	$2,550,301
CAH	Cardinal Health Inc	12,186	$2,504,223
CCEP	COCA-COLA EUROPACIFIC PARTNERS plc	24,931	$2,261,241
FE	Firstenergy Corp	49,513	$2,216,697
PPL	PPL Corp	60,958	$2,134,749
GEHC	GE HealthCare Technologies Inc.	25,884	$2,123,005
PCG	PG&E Corp	127,945	$2,056,076
KVUE	Kenvue Inc.	97,339	$1,679,097
STZ	Constellation Brands, Inc.	10,904	$1,504,315
VST	Vistra Corp.	8,585	$1,385,018
D	Dominion Energy, Inc	23,506	$1,377,216
EIX	Edison International	22,680	$1,361,253
CVS	CVS HEALTH Corp	16,718	$1,326,740
BMY	Bristol Myers Squibb Co	23,697	$1,278,216
ZBH	Zimmer Biomet Holdings, Inc.	13,855	$1,245,841
F	Ford Motor Co	88,391	$1,159,689
ABNB	Airbnb, Inc.	7,197	$976,776
REGN	Regeneron Pharmaceuticals, Inc.	1,181	$911,578
IQV	Iqvia Holdings Inc.	3,860	$870,082
TEAM	Atlassian Corp	4,861	$788,162
UHAL-B	U-Haul Holding Co	16,688	$779,997
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

226 tracked positions · $3,447,077,076 total · filing declares 227 positions · $3,447,615,881 · 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 1–50 of 226 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
IDEV	iShares Core MSCI International Developed Markets ETF	NEW	6,178,128	NEW	$516,306,156	NEW	1	unpriced	14.98%
QUAL	iShares MSCI USA Quality Factor ETF	Added	1,846,285	+1,780,967	$354,135,925	+2629.7%	25+	before history	10.27%
IEF	iShares 7-10 Year Treasury Bond ETF	NEW	3,673,879	NEW	$350,635,011	NEW	1	unpriced	10.17%
CLOA		NEW	6,186,664	NEW	$320,685,728	NEW	1	$51.83	9.30%
EMXC	iShares MSCI Emerging Markets ex China ETF	Added	3,400,240	+694,123	$267,462,878	+36.0%	21	$61.48	7.76%
PZA	Invesco National AMT-Free Municipal Bond ETF	Added	9,102,497	+6,061,835	$209,175,381	+196.6%	3	$22.99	6.07%
VTV	VANGUARD VALUE INDEX FUND	Reduced	969,895	-692,359	$190,293,399	−40.1%	18	unpriced	5.52%
SDY	State Street(R) SPDR(R) S&P(R) Dividend ETF	Added	1,139,462	+120,778	$166,293,084	+17.3%	17	unpriced	4.82%
MBB	iShares MBS ETF	Added	1,648,703	+1,648,693	$156,544,349	+16443634.1%	16	unpriced	4.54%
		Added	1,592,652	+1,592,648	$145,950,629	+39986373.7%	9	$91.51	4.23%
FTEC	Fidelity MSCI Information Technology Index ETF	Reduced	594,003	-739,953	$123,582,324	−58.8%	7	$169.00	3.59%
BAR	GraniteShares Gold Trust	Reduced	2,151,643	-44,451	$99,255,291	+6.4%	25+	before history	2.88%
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	Reduced	335,477	-334,612	$37,190,980	−52.9%	5	unpriced	1.08%
IXJ	iShares Global Healthcare ETF	Reduced	397,027	-887,197	$37,137,905	−70.3%	25+	before history	1.08%
NVDA	Nvidia Corp Technology	Reduced	171,706	-3,077	$29,945,526	−8.1%	24	unpriced	0.87%
AAPL	Apple Inc. Technology	Reduced	102,435	-3,977	$25,996,978	−10.1%	25+	before history	0.75%
MSFT	Microsoft Corp Technology	Added	50,480	+2,231	$18,686,181	−19.9%	25+	before history	0.54%
VT	VANGUARD TOTAL WORLD STOCK INDEX FUND	Added	102,468	+98,051	$14,173,373	+2174.8%	23	$142.84	0.41%
AMZN	Amazon Com Inc Consumer Cyclical	Held	66,685	0	$13,888,484	−9.8%	25+	before history	0.40%
GOOGL	Alphabet Inc. Communication Services	Reduced	40,744	-1,418	$11,716,344	−11.2%	25+	before history	0.34%
GOOG	Alphabet Inc. Communication Services	Reduced	33,713	-2,692	$9,670,911	−15.3%	25+	before history	0.28%
AVGO	Broadcom Inc. Technology	Reduced	31,166	-1,098	$9,646,188	−13.6%	18	$83.65	0.28%
META	Meta Platforms, Inc. Communication Services	Reduced	14,937	-744	$8,545,905	−17.4%	25+	before history	0.25%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	18,772	-1,191	$6,978,491	−22.3%	24	$113.48	0.20%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	17,934	-2,272	$5,275,465	−19.0%	25+	before history	0.15%
JNJ	Johnson & Johnson Healthcare	Held	20,982	0	$5,128,840	+18.1%	25+	before history	0.15%
LLY	ELI LILLY & Co Healthcare	Reduced	5,317	-661	$4,890,417	−23.9%	25+	before history	0.14%
AGX	Argan Inc Industrials	NEW	8,425	NEW	$4,588,676	NEW	1	$407.76	0.13%
MTZ	Mastec Inc Industrials	NEW	13,515	NEW	$4,348,316	NEW	1	$270.73	0.13%
FIX	Comfort Systems USA Inc Industrials	NEW	2,845	NEW	$3,923,226	NEW	1	$1,269.64	0.11%
KO	Coca Cola Co Consumer Defensive	Held	49,499	0	$3,764,398	+8.8%	25+	before history	0.11%
STRL	Sterling Infrastructure, Inc. Industrials	NEW	9,142	NEW	$3,723,262	NEW	1	$391.07	0.11%
XOM	ExxonMobil Holdings Corp Energy	Held	21,440	0	$3,637,510	+41.0%	24	$66.02	0.11%
		Added	55,886	+40,484	$3,596,264	+259.2%	14	$65.21	0.10%
CVX	Chevron Corp Energy	Held	16,231	0	$3,358,193	+35.8%	24	$136.43	0.10%
EME	EMCOR Group, Inc. Industrials	NEW	4,487	NEW	$3,312,796	NEW	1	$727.84	0.10%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	6,772	-1,484	$3,245,142	−21.8%	25+	before history	0.09%
PM	Philip Morris International Inc. Consumer Defensive	Held	19,274	0	$3,186,763	+3.1%	25+	before history	0.09%
PRIM	Primoris Services Corp Industrials	NEW	21,836	NEW	$3,123,421	NEW	1	$146.41	0.09%
TRGP	Targa Resources Corp. Energy	Held	11,905	0	$2,984,940	+35.9%	11	$82.84	0.09%
SAIA	Saia Inc Industrials	NEW	8,471	NEW	$2,975,692	NEW	1	$364.54	0.09%
BWXT	BWX Technologies, Inc. Industrials	NEW	14,428	NEW	$2,950,381	NEW	1	$203.08	0.09%
SPXC	SPX Technologies, Inc. Industrials	NEW	14,672	NEW	$2,933,519	NEW	1	$214.84	0.09%
HII	Huntington Ingalls Industries, Inc. Industrials	NEW	7,615	NEW	$2,892,938	NEW	1	$412.01	0.08%
CHRW	C. H. Robinson Worldwide, Inc. Industrials	NEW	17,311	NEW	$2,874,837	NEW	1	$178.88	0.08%
DY	Dycom Industries Inc Industrials	NEW	8,445	NEW	$2,861,334	NEW	1	$375.65	0.08%
MU	Micron Technology Inc Technology	Reduced	8,432	-1,174	$2,848,666	+3.9%	7	$104.58	0.08%
PEP	Pepsico Inc Consumer Defensive	Held	18,272	0	$2,837,458	+8.2%	6	$147.99	0.08%
WDC	Western Digital Corp Technology	Reduced	10,478	-5,054	$2,834,194	+5.9%	7	$66.85	0.08%
SPGI	S&P Global Inc. Financial Services	Held	6,582	0	$2,799,587	−18.6%	5	unpriced	0.08%

Showing the top 50 of 226 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.