Select Asset Management & Trust

CIK

1600636

Location

MECHANICSBURG, PA

Portfolio Value

Small $343,459,234

Diversification

Moderately concentrated

Reports for

Gardner Russo & Quinn LLC

Filing Date

Global Rank

#4,701 / 8,814 ▼ 211

Top Industry

Engineering & Construction 20.6%

Period ended 4 months ago

Filed Aug 11, 2026 · 2mo

23 quarters · since Dec 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 84.6% of the book (60%+)

Turnover

Low turnover

17.3% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 19.1 quarters (12+)

Closest benchmark: every 13F filer's combined book, active share 83.4%; sector active share 66.8% against the combined 13F book's sector weights.

Over time 23 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.

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Portfolio Concentration

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

Top Position

34.5%

−3.1 pts

Top 5

66.4%

−2.6 pts

Top 10

84.6%

+0.0 pts

HHI

1,534

Moderately concentrated−199

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	76.2%	$261,790,639	21
Industrials	6.3%	$21,636,676	6
Technology	5.5%	$19,022,479	7
Financial Services	3.3%	$11,163,883	12
Healthcare	2.5%	$8,455,134	9
Energy	2.0%	$6,806,645	3
Consumer Cyclical	2.0%	$6,703,970	4
Communication Services	1.2%	$4,058,477	4
Consumer Defensive	0.7%	$2,339,748	4
Utilities	0.3%	$909,281	3
Basic Materials	0.2%	$572,302	2

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

9 positions

Ticker	Company	Δ Shares	Shares	Value
RSP	Victory Portfolios II	+8,995	91,044	$19,371,431
VUG	VANGUARD GROWTH INDEX FUND	+3,450	4,140	$356,619
MSFT	Microsoft Corp	+3,005	18,574	$6,928,473
MGV	VANGUARD MEGA CAP VALUE INDEX FUND	+2,262	141,613	$23,146,644
JPM	Jpmorgan Chase & Co	+1,798	15,990	$5,234,005
IBIT	iShares Bitcoin Trust ETF	+895	36,121	$1,202,468
GOOGL	Alphabet Inc.	+804	2,640	$943,456
BRK-B	Berkshire Hathaway Inc	+322	6,790	$948,189
META	Meta Platforms, Inc.	+25	1,428	$804,378
No positions match the current search.

Trimmed

Positions the filer reduced

22 positions

Ticker	Company	Δ Shares	Shares	Value
SPY	Spdr S&P 500 ETF Trust	−9,577	158,695	$118,508,665
PFE	Pfizer Inc	−9,091	27,116	$652,953
USMV	iShares MSCI USA Min Vol Factor ETF	−4,054	9,775	$942,896
VIG	Vanguard Specialized Funds	−3,695	120,904	$28,608,304
EME	EMCOR Group, Inc.	−2,500	20,273	$16,824,157
EFV	iShares MSCI EAFE Value ETF	−2,063	131,516	$10,067,549
MRK	Merck & Co., Inc.	−2,000	3,876	$498,066
DIA	Spdr Dow Jones Industrial Average ETF Trust	−1,193	58,298	$30,454,292
FDX	Fedex Corp	−1,000	780	$244,241
XOM	ExxonMobil Holdings Corp	−912	40,229	$5,500,108
EFA	iShares MSCI EAFE ETF	−841	48,325	$5,020,001
NFLX	Netflix Inc	−805	4,630	$330,582
AAPL	Apple Inc.	−582	31,831	$9,210,617
AMZN	Amazon Com Inc	−501	14,967	$3,567,234
GOOG	Alphabet Inc.	−237	5,604	$1,980,061
BAC	Bank Of America Corp	−228	9,969	$568,033
OEF	iShares S&P 100 ETF	−102	28,301	$10,354,486
V	Visa Inc.	−81	1,028	$352,696
MA	Mastercard Inc	−48	1,038	$533,116
CVX	Chevron Corp	−47	4,573	$758,020
VV	VANGUARD LARGE-CAP INDEX FUND	−47	2,312	$795,119
CSCO	Cisco Systems, Inc.	−19	2,785	$327,126
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
LMRI	Lumexa Imaging Holdings, Inc.	278,000	$3,135,840
BHRB	Burke & Herbert Financial Services Corp.	10,831	$778,315
CAT	Caterpillar Inc	272	$289,652
PNC	Pnc Financial Services Group, Inc.	950	$233,909
SUNB	Sunbelt Rentals Holdings, Inc.	2,817	$210,739
UNH	Unitedhealth Group Inc	498	$206,983
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	3,437	$509,019
INTU	Intuit Inc.	600	$259,428
HON	Honeywell International Inc	1,000	$226,030
IVE	iShares S&P 500 Value ETF	997	$0
—		73,931	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

75 tracked positions · $343,459,234 total · filing declares 96 positions · $347,325 · as of Jun 30, 2026

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

Showing 1–50 of 75 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Reduced	158,695	-9,577	$118,508,665	+8.3%	23	before history	34.50%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Reduced	58,298	-1,193	$30,454,292	+10.5%	23	before history	8.87%
VIG	Vanguard Specialized Funds	Reduced	120,904	-3,695	$28,608,304	+6.8%	23	before history	8.33%
MGV	VANGUARD MEGA CAP VALUE INDEX FUND	Added	141,613	+2,262	$23,146,644	+14.6%	23	before history	6.74%
RSP	Victory Portfolios II	Added	91,044	+8,995	$19,371,431	+23.0%	2	$198.81	5.64%
EME	EMCOR Group, Inc. Industrials	Reduced	20,273	-2,500	$16,824,157	+0.1%	23	before history	4.90%
OEF	iShares S&P 100 ETF	Reduced	28,301	-102	$10,354,486	—	11	unpriced	3.01%
EFV	iShares MSCI EAFE Value ETF	Reduced	131,516	-2,063	$10,067,549	—	2	unpriced	2.93%
AAPL	Apple Inc. Technology	Reduced	31,831	-582	$9,210,617	+12.0%	23	before history	2.68%
VOO	VANGUARD 500 INDEX FUND	Held	13,099	0	$8,996,524	+14.9%	11	unpriced	2.62%
MSFT	Microsoft Corp Technology	Added	18,574	+3,005	$6,928,473	+20.2%	23	before history	2.02%
XOM	ExxonMobil Holdings Corp Energy	Reduced	40,229	-912	$5,500,108	−21.2%	23	before history	1.60%
JPM	Jpmorgan Chase & Co Financial Services	Added	15,990	+1,798	$5,234,005	+25.4%	23	before history	1.52%
EFA	iShares MSCI EAFE ETF	Reduced	48,325	-841	$5,020,001	—	15	unpriced	1.46%
CSL	Carlisle Companies Inc Industrials	Held	10,509	0	$3,812,139	+8.7%	23	before history	1.11%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	14,967	-501	$3,567,234	+10.7%	14	$172.02	1.04%
LMRI	Lumexa Imaging Holdings, Inc. Healthcare	NEW	278,000	NEW	$3,135,840	NEW	1	$9.13	0.91%
MCD	Mcdonalds Corp Consumer Cyclical	Held	9,996	0	$2,702,018	−13.0%	13	$290.53	0.79%
GOOG	Alphabet Inc. Communication Services	Reduced	5,604	-237	$1,980,061	+18.2%	23	before history	0.58%
NVDA	Nvidia Corp Technology	Held	8,695	0	$1,739,782	+14.7%	9	unpriced	0.51%
ABBV	AbbVie Inc. Healthcare	Held	6,500	0	$1,635,660	+15.7%	7	$184.01	0.48%
GDX	VanEck Gold Miners ETF	Held	20,000	0	$1,509,000	−17.8%	18	unpriced	0.44%
IBIT	iShares Bitcoin Trust ETF	Added	36,121	+895	$1,202,468	−11.2%	4	$46.14	0.35%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	6,790	+322	$948,189	−69.4%	23	before history	0.28%
GOOGL	Alphabet Inc. Communication Services	Added	2,640	+804	$943,456	+78.7%	11	$214.60	0.27%
USMV	iShares MSCI USA Min Vol Factor ETF	Reduced	9,775	-4,054	$942,896	—	5	unpriced	0.27%
UTZ	Utz Brands, Inc. Consumer Defensive	Held	110,519	0	$850,996	−2.8%	18	$14.57	0.25%
JNJ	Johnson & Johnson Healthcare	Held	3,285	0	$834,291	+3.9%	8	$156.61	0.24%
META	Meta Platforms, Inc. Communication Services	Added	1,428	+25	$804,378	+0.2%	14	$227.65	0.23%
VV	VANGUARD LARGE-CAP INDEX FUND	Reduced	2,312	-47	$795,119	+12.8%	23	before history	0.23%
BBT	Beacon Financial Corp Financial Services	Held	26,101	0	$794,775	+1.5%	23	before history	0.23%
BHRB	Burke & Herbert Financial Services Corp. Financial Services	NEW	10,831	NEW	$778,315	NEW	1	$64.68	0.23%
HSY	Hershey Co Consumer Defensive	Held	4,403	0	$772,506	−15.6%	21	$176.23	0.22%
CVX	Chevron Corp Energy	Reduced	4,573	-47	$758,020	−20.7%	23	before history	0.22%
EHC	Encompass Health Corp Healthcare	Held	7,387	0	$746,677	+4.5%	18	$87.19	0.22%
PFE	Pfizer Inc Healthcare	Reduced	27,116	-9,091	$652,953	−35.8%	22	unpriced	0.19%
BAC	Bank Of America Corp Financial Services	Reduced	9,969	-228	$568,033	+14.3%	23	before history	0.17%
SHEL	Shell plc Energy	Held	7,074	0	$548,517	−16.6%	18	$51.75	0.16%
XLF	State Street Corp Financial Services	Held	10,035	0	$537,976	+8.6%	19	$39.31	0.16%
MA	Mastercard Inc Financial Services	Reduced	1,038	-48	$533,116	−1.8%	23	before history	0.16%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Held	8,600	0	$513,334	+10.4%	5	$46.38	0.15%
PM	Philip Morris International Inc. Consumer Defensive	Held	2,783	0	$503,472	+9.4%	23	before history	0.15%
MRK	Merck & Co., Inc. Healthcare	Reduced	3,876	-2,000	$498,066	−29.5%	8	$101.91	0.15%
ABT	Abbott Laboratories Healthcare	Held	5,100	0	$462,774	−11.6%	7	$115.56	0.13%
C	Citigroup Inc Financial Services	Held	3,274	0	$458,229	+23.4%	6	$76.25	0.13%
IVW	iShares S&P 500 Growth ETF	Held	3,162	0	$434,869	—	6	unpriced	0.13%
SLV	iShares Silver Trust	Held	8,000	0	$427,760	−21.5%	9	$26.30	0.12%
BX	Blackstone Inc. Financial Services	Held	3,511	0	$413,139	+2.3%	18	$121.96	0.12%
NEE	Nextera Energy Inc Utilities	Held	4,288	0	$376,357	−5.5%	6	$70.83	0.11%
VUG	VANGUARD GROWTH INDEX FUND	Added	4,140	+3,450	$356,619	+118378.1%	23	before history	0.10%

Showing the top 50 of 75 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.