M. Kraus & Co

CIK

1593688

Location

SHELBURNE, VT

Portfolio Value

Small $287,731,892

Diversification

Diversified

Filing Date

Global Rank

#3,468 / 8,603 ▲ 41 · as of Mar 2026

Top Industry

Aerospace & Defense 11.0%

3Y Alpha vs SPY

-10.4%

Period ended 3 months ago

Filed Apr 14, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+33.8%

SPY

+76.0%

Annualised alpha

-10.5%

Max drawdown

−15.4%

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

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

Top Position

9.6%

−2.5 pts

Top 5

29.8%

−1.8 pts

Top 10

49.6%

−0.4 pts

HHI

382

Diversified−30

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	27.7%	$79,844,810	15
Technology	22.1%	$63,631,060	9
Healthcare	16.9%	$48,509,529	9
Consumer Defensive	12.2%	$35,010,776	9
Basic Materials	6.1%	$17,413,392	2
Utilities	4.4%	$12,771,217	3
Energy	4.3%	$12,484,629	4
Communication Services	2.6%	$7,466,827	5
Financial Services	1.4%	$4,023,339	4
Consumer Cyclical	1.4%	$3,925,791	4
Unclassified	0.9%	$2,650,522	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

18 positions

Ticker	Company	Δ Shares	Shares	Value
IBM	International Business Machines Corp	+1,757	9,705	$2,352,394
ABT	Abbott Laboratories	+1,174	76,934	$7,898,813
PG	PROCTER & GAMBLE Co	+1,167	58,168	$8,401,785
NFLX	Netflix Inc	+540	3,150	$302,872
RSG	Republic Services, Inc.	+467	16,557	$3,626,314
AAPL	Apple Inc.	+465	27,169	$6,895,220
SPY	Spdr S&P 500 ETF Trust	+450	876	$569,697
CSCO	Cisco Systems, Inc.	+325	153,464	$11,907,271
MRK	Merck & Co., Inc.	+290	10,698	$1,286,862
PM	Philip Morris International Inc.	+250	2,145	$354,654
TMO	Thermo Fisher Scientific Inc.	+176	29,856	$14,675,119
MO	Altria Group, Inc.	+170	3,770	$248,782
NVDA	Nvidia Corp	+133	6,648	$1,159,411
GOOGL	Alphabet Inc.	+47	6,408	$1,842,684
AMZN	Amazon Com Inc	+40	9,453	$1,968,776
META	Meta Platforms, Inc.	+30	355	$203,106
MSFT	Microsoft Corp	+19	74,971	$27,752,015
COST	Costco Wholesale Corp /New	+3	823	$820,061
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
MDLZ	Mondelez International, Inc.	−1,568	112,016	$6,456,602
NEE	Nextera Energy Inc	−1,388	132,057	$12,265,454
OTIS	Otis Worldwide Corp	−1,201	23,115	$1,781,704
DIS	Walt Disney Co	−974	19,487	$1,878,157
LHX	L3harris Technologies, Inc. /De/	−810	46,783	$16,147,152
ITW	Illinois Tool Works Inc	−663	37,412	$9,737,969
RTX	RTX Corp	−616	77,572	$14,963,638
ROK	Rockwell Automation, Inc	−557	31,595	$11,338,813
JNJ	Johnson & Johnson	−486	48,971	$11,970,471
NSC	Norfolk Southern Corp	−467	41,872	$12,017,264
PEP	Pepsico Inc	−466	52,384	$8,134,711
ENB	Enbridge Inc	−435	142,413	$7,710,239
CARR	CARRIER GLOBAL Corp	−420	140,843	$7,930,869
ORCL	Oracle Corp	−205	1,754	$258,030
ECL	Ecolab Inc.	−196	36,735	$9,772,244
CHD	Church & Dwight Co Inc /De/	−134	100,016	$9,333,493
MCHP	Microchip Technology Inc	−130	89,330	$5,771,611
PAYX	Paychex Inc	−115	2,709	$249,553
ABBV	AbbVie Inc.	−97	39,151	$8,514,950
VZ	Verizon Communications Inc	−88	64,542	$3,240,008
COP	Conocophillips	−63	19,473	$2,570,436
CVX	Chevron Corp	−60	9,629	$1,992,240
BDX	Becton Dickinson & Co	−43	12,425	$1,953,582
AVGO	Broadcom Inc.	−38	23,539	$7,285,555
JPM	Jpmorgan Chase & Co	−25	8,727	$2,567,134
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
DE	Deere & Co	398	$224,193
EPD	Enterprise Products Partners L.P.	5,595	$211,714
BIPH	Brookfield Infrastructure Partners L.P.	5,621	$203,030
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
ACN	Accenture plc	12,574	$3,373,604
ADBE	Adobe Inc.	6,061	$2,121,289
FISV	Fiserv Inc	27,326	$1,835,487
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

67 positions · $287,731,892 total · as of Mar 31, 2026

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

Showing 1–50 of 67 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Added	74,971	+19	$27,752,015	−23.4%	9.65%
LHX	L3harris Technologies, Inc. /De/ Industrials	Reduced	46,783	-810	$16,147,152	+15.6%	5.61%
RTX	RTX Corp Industrials	Reduced	77,572	-616	$14,963,638	+4.4%	5.20%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	29,856	+176	$14,675,119	−14.7%	5.10%
NEE	Nextera Energy Inc Utilities	Reduced	132,057	-1,388	$12,265,454	+14.5%	4.26%
NSC	Norfolk Southern Corp Industrials	Reduced	41,872	-467	$12,017,264	−1.7%	4.18%
JNJ	Johnson & Johnson Healthcare	Reduced	48,971	-486	$11,970,471	+17.0%	4.16%
CSCO	Cisco Systems, Inc. Technology	Added	153,464	+325	$11,907,271	+0.9%	4.14%
ROK	Rockwell Automation, Inc Industrials	Reduced	31,595	-557	$11,338,813	−9.4%	3.94%
ECL	Ecolab Inc. Basic Materials	Reduced	36,735	-196	$9,772,244	+0.8%	3.40%
ITW	Illinois Tool Works Inc Industrials	Reduced	37,412	-663	$9,737,969	+3.8%	3.38%
CHD	Church & Dwight Co Inc /De/ Consumer Defensive	Reduced	100,016	-134	$9,333,493	+11.1%	3.24%
ABBV	AbbVie Inc. Healthcare	Reduced	39,151	-97	$8,514,950	−5.0%	2.96%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	58,168	+1,167	$8,401,785	+2.9%	2.92%
PEP	Pepsico Inc Consumer Defensive	Reduced	52,384	-466	$8,134,711	+7.2%	2.83%
CARR	CARRIER GLOBAL Corp Industrials	Reduced	140,843	-420	$7,930,869	+6.3%	2.76%
ABT	Abbott Laboratories Healthcare	Added	76,934	+1,174	$7,898,813	−16.8%	2.75%
ENB	Enbridge Inc Energy	Reduced	142,413	-435	$7,710,239	+12.8%	2.68%
LIN	Linde PLC Basic Materials	Reduced	15,413	-19	$7,641,148	+16.1%	2.66%
AVGO	Broadcom Inc. Technology	Reduced	23,539	-38	$7,285,555	−10.7%	2.53%
AAPL	Apple Inc. Technology	Added	27,169	+465	$6,895,220	−5.0%	2.40%
MDLZ	Mondelez International, Inc. Consumer Defensive	Reduced	112,016	-1,568	$6,456,602	+5.6%	2.24%
MCHP	Microchip Technology Inc Technology	Reduced	89,330	-130	$5,771,611	+1.2%	2.01%
RSG	Republic Services, Inc. Industrials	Added	16,557	+467	$3,626,314	+6.3%	1.26%
VZ	Verizon Communications Inc Communication Services	Reduced	64,542	-88	$3,240,008	+23.1%	1.13%
COP	Conocophillips Energy	Reduced	19,473	-63	$2,570,436	+40.6%	0.89%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	8,727	-25	$2,567,134	−9.0%	0.89%
IBM	International Business Machines Corp Technology	Added	9,705	+1,757	$2,352,394	−0.1%	0.82%
CVX	Chevron Corp Energy	Reduced	9,629	-60	$1,992,240	+34.9%	0.69%
AMZN	Amazon Com Inc Consumer Cyclical	Added	9,453	+40	$1,968,776	−9.4%	0.68%
BDX	Becton Dickinson & Co Healthcare	Reduced	12,425	-43	$1,953,582	+2.7%	0.68%
DIS	Walt Disney Co Communication Services	Reduced	19,487	-974	$1,878,157	−19.3%	0.65%
GOOGL	Alphabet Inc. Communication Services	Added	6,408	+47	$1,842,684	−7.4%	0.64%
OTIS	Otis Worldwide Corp Industrials	Reduced	23,115	-1,201	$1,781,704	−16.1%	0.62%
MRK	Merck & Co., Inc. Healthcare	Added	10,698	+290	$1,286,862	+17.5%	0.45%
GLD	Spdr Gold Trust	Held	2,865	0	$1,232,780	+8.6%	0.43%
NVDA	Nvidia Corp Technology	Added	6,648	+133	$1,159,411	−4.6%	0.40%
AMGN	Amgen Inc Healthcare	Held	2,436	0	$857,106	+7.5%	0.30%
LLY	ELI LILLY & Co Healthcare	Held	926	0	$851,707	−14.4%	0.30%
MDY	Spdr S&P Midcap 400 ETF Trust	Held	1,375	0	$848,045	+2.2%	0.29%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	823	+3	$820,061	+16.0%	0.29%
HD	Home Depot, Inc. Consumer Cyclical	Held	2,459	0	$808,740	−4.4%	0.28%
MA	Mastercard Inc Financial Services	Reduced	1,513	-18	$755,985	−13.5%	0.26%
WMT	Walmart Inc. Consumer Defensive	Held	5,929	0	$736,856	+11.6%	0.26%
MCD	Mcdonalds Corp Consumer Cyclical	Held	2,222	0	$690,575	+1.7%	0.24%
SPY	Spdr S&P 500 ETF Trust	Added	876	+450	$569,697	+96.1%	0.20%
KO	Coca Cola Co Consumer Defensive	Held	6,888	0	$523,832	+8.8%	0.18%
PFE	Pfizer Inc Healthcare	Held	17,839	0	$500,919	+12.8%	0.17%
V	Visa Inc. Financial Services	Reduced	1,648	-20	$498,091	−14.9%	0.17%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Held	2,866	0	$457,700	+4.0%	0.16%