Ethic Inc.

CIK

1780570

Location

NEW YORK, NY

Portfolio Value

Mid $5,886,794,776

Diversification

Diversified

Filing Date

Global Rank

#593 / 8,621 ▼ 4 · as of Mar 2026

Top Industry

Semiconductors 12.7%

3Y Alpha vs SPY

-2.8%

Period ended 4 months ago

Filed Apr 27, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+63.6%

SPY

+67.9%

Annualised alpha

-1.0%

Max drawdown

−18.8%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

1,175 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.2%

−0.0 pts

Top 5

22.8%

−2.2 pts

Top 10

28.6%

−3.8 pts

HHI

149

Diversified−19

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	34.6%	$2,039,079,406	169
Financial Services	15.5%	$910,921,357	169
Industrials	10.3%	$608,729,749	189
Healthcare	10.1%	$593,336,076	119
Consumer Cyclical	8.9%	$524,272,219	130
Communication Services	5.7%	$337,307,989	53
Consumer Defensive	4.1%	$243,926,080	66
Energy	2.9%	$167,979,676	83
Real Estate	2.8%	$165,684,425	76
Utilities	2.5%	$145,084,813	50
Basic Materials	2.5%	$144,988,365	68
Unclassified	0.1%	$5,484,621	3

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
LPL	LG Display Co., Ltd.	+131,504	592,648	$2,299,474
PFE	Pfizer Inc	+81,567	800,505	$22,478,180
SKM	Sk Telecom Co Ltd	+65,953	156,513	$4,584,265
FITB	Fifth Third Bancorp	+60,350	220,714	$10,254,372
VNOM	Viper Energy, Inc.	+56,159	61,809	$2,904,404
AGNC	AGNC Investment Corp.	+45,880	269,728	$2,705,371
PRMB	Primo Brands Corp	+43,739	79,292	$1,493,068
OKE	Oneok Inc /New/	+42,876	113,554	$10,264,146
WIT	Wipro Ltd	+41,350	1,387,236	$2,940,940
MFG	Mizuho Financial Group Inc	+38,945	425,288	$3,376,786
NVDA	Nvidia Corp	+36,864	2,446,417	$426,655,124
BF-A	Brown Forman Corp	+36,737	86,637	$2,321,004
FOXA	Fox Corp	+36,280	46,068	$2,690,371
KDP	Keurig Dr Pepper Inc.	+35,916	241,959	$6,370,780
RDW	Redwire Corp	+34,542	53,196	$452,166
HBAN	Huntington Bancshares Inc /Md/	+33,538	167,458	$2,620,717
ENIC	Enel Chile S.A.	+33,373	62,742	$247,203
CTVA	Corteva, Inc.	+32,957	124,765	$10,444,078
ASLE	AerSale Corp	+32,236	75,102	$467,134
UBS	UBS Group AG	+31,708	76,099	$2,973,187
CL	Colgate Palmolive Co	+30,843	131,150	$11,177,914
TAK	Takeda Pharmaceutical Co Ltd	+30,181	334,836	$6,201,162
ESRT	Empire State Realty Trust, Inc.	+29,468	42,970	$223,444
CPRT	Copart Inc	+27,525	143,228	$4,755,169
NOV	NOV Inc.	+26,219	124,246	$2,337,067
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GRAB	Grab Holdings Ltd	−129,020	468,336	$1,714,109
KOS	Kosmos Energy Ltd.	−112,680	201,480	$560,114
GGB	Gerdau S.A.	−58,304	238,924	$862,515
UMC	United Microelectronics Corp	−51,892	443,697	$3,984,399
ASX	ASE Technology Holding Co., Ltd.	−46,004	394,003	$8,541,985
INFY	Infosys Ltd	−40,581	211,598	$2,858,688
NWG	NatWest Group plc	−37,529	235,761	$3,512,838
ABEV	Ambev S.A.	−35,774	686,809	$2,005,482
APG	APi Group Corp	−32,997	46,235	$1,873,442
FLO	Flowers Foods Inc	−32,984	80,604	$656,922
FIS	Fidelity National Information Services, Inc.	−32,791	28,828	$1,352,321
LRMR	Larimar Therapeutics, Inc.	−32,651	35,451	$159,529
RELX	Relx PLC	−32,442	149,180	$4,945,317
BBD	Bank Bradesco	−32,358	52,799	$192,716
EPM	Evolution Petroleum Corp	−31,518	78,325	$358,728
GLW	Corning Inc /Ny	−31,087	150,019	$20,398,083
NAT	NORDIC AMERICAN TANKERS Ltd	−30,003	151,848	$889,829
FISV	Fiserv Inc	−29,709	56,565	$3,156,327
VLO	Valero Energy Corp/Tx	−28,400	16,608	$4,103,504
SONY	Sony Group Corp	−28,029	496,565	$10,278,895
HPE	Hewlett Packard Enterprise Co	−27,632	190,681	$4,540,114
BWA	Borgwarner Inc	−27,086	55,517	$3,012,352
BEKE	KE Holdings Inc.	−25,645	42,565	$637,198
PKE	Park Aerospace Corp	−25,251	21,125	$578,402
PYPL	PayPal Holdings, Inc.	−23,819	54,340	$2,457,798
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
IESC	IES Holdings, Inc.	21,657	$10,318,910
FTAI	FTAI Aviation Ltd.	8,373	$2,051,385
MGEE	Mge Energy Inc	25,382	$1,961,774
UHAL	U-Haul Holding Co /NV/	40,378	$1,929,260
ARES	Ares Management Corp	14,332	$1,563,621
LLYVA	Liberty Live Holdings, Inc.	16,200	$1,484,568
SUNB	Sunbelt Rentals Holdings, Inc.	21,130	$1,375,351
DAR	Darling Ingredients Inc.	19,927	$1,232,484
EFXT	Enerflex Ltd.	36,321	$759,835
LSTR	Landstar System Inc	4,556	$730,372
SLAB	Silicon Laboratories Inc.	2,948	$613,626
MUSA	Murphy USA Inc.	1,190	$587,824
LBTYA	Liberty Global Ltd.	48,414	$585,324
CUZ	Cousins Properties Inc	25,013	$564,543
PAYC	Paycom Software, Inc.	4,034	$490,292
ONON	On Holding AG	14,378	$489,139
RRX	Regal Rexnord Corp	2,530	$473,767
TECK	Teck Resources Ltd	8,314	$430,249
ENS	EnerSys	2,475	$429,957
RYZ	Ryerson Holding Corp	19,013	$427,412
NICE	NICE Ltd.	3,650	$402,449
ANDE	Andersons, Inc.	5,373	$385,673
PBF	PBF Energy Inc.	7,911	$376,721
CTRE	CareTrust REIT, Inc.	9,933	$364,044
FORM	Formfactor Inc	3,633	$352,364
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
GOOGL	Alphabet Inc.	592,811	$185,549,843
UBER	Uber Technologies, Inc	227,244	$18,568,107
MKC	Mccormick & Co Inc	71,164	$4,846,980
NSC	Norfolk Southern Corp	14,853	$4,288,358
MCHP	Microchip Technology Inc	63,894	$4,071,325
LITE	Lumentum Holdings Inc.	8,540	$3,147,758
UGI	Ugi Corp /Pa/	79,319	$2,968,910
FLEX	Flex Ltd.	45,901	$2,773,338
TAP-A	Molson Coors Beverage Co	57,870	$2,701,371
FCNCA	First Citizens Bancshares Inc /De/	1,155	$2,478,837
SSNC	SS&C Technologies Holdings Inc	23,579	$2,061,276
GWRE	Guidewire Software, Inc.	9,016	$1,812,306
DUK	Duke Energy CORP	15,155	$1,776,317
WSO	Watsco Inc	2,819	$949,862
ZBRA	Zebra Technologies Corp	3,534	$858,125
BMO	Bank Of Montreal /Can/	6,317	$819,883
HRB	H&R Block Inc	17,561	$765,308
TTEK	Tetra Tech Inc	21,794	$730,970
SW	Smurfit Westrock plc	18,576	$718,333
SANM	Sanmina Corp	4,192	$629,093
ALIT	Alight, Inc. / Delaware	13,876	$541,164
U	Unity Software Inc.	11,878	$524,651
AVTR	Avantor, Inc.	41,571	$476,403
TXT	Textron Inc	5,453	$475,338
CXT	Crane NXT, Co.	9,145	$430,455
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,175 positions · $5,886,794,776 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 1–50 of 1,175 positions by value · page 1 of 24

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Added	2,446,417	+36,864	$426,655,124	−5.1%	7.25%
AAPL	Apple Inc. Technology	Added	1,492,645	+20,644	$378,818,374	−5.3%	6.44%
MSFT	Microsoft Corp Technology	Added	713,147	+9,782	$263,985,624	−22.4%	4.48%
AMZN	Amazon Com Inc Consumer Cyclical	Added	786,167	+19,199	$163,735,001	−7.5%	2.78%
AVGO	Broadcom Inc. Technology	Added	359,152	+1,551	$111,161,135	−10.2%	1.89%
META	Meta Platforms, Inc. Communication Services	Added	160,496	+2,862	$91,824,576	−11.8%	1.56%
LLY	ELI LILLY & Co Healthcare	Added	84,534	+2,868	$77,751,837	−11.4%	1.32%
TSLA	Tesla, Inc. Consumer Cyclical	Added	178,381	+6,377	$66,313,136	−14.3%	1.13%
V	Visa Inc. Financial Services	Added	186,799	+5,297	$56,458,129	−11.3%	0.96%
NFLX	Netflix Inc Communication Services	Added	510,430	+25,065	$49,077,844	+7.8%	0.83%
MA	Mastercard Inc Financial Services	Added	90,878	+1,562	$45,408,101	−10.9%	0.77%
MU	Micron Technology Inc Technology	Reduced	125,702	-4,342	$42,467,163	+14.4%	0.72%
GS	Goldman Sachs Group Inc Financial Services	Added	50,066	+1,399	$42,355,335	−1.0%	0.72%
CSCO	Cisco Systems, Inc. Technology	Added	518,983	+15,064	$40,267,890	+3.7%	0.68%
CAT	Caterpillar Inc Industrials	Reduced	56,155	-3,051	$39,783,571	+17.3%	0.68%
MRK	Merck & Co., Inc. Healthcare	Added	326,297	+8,152	$39,250,266	+17.2%	0.67%
AMAT	Applied Materials Inc /De Technology	Reduced	108,317	-4,550	$37,021,667	+27.6%	0.63%
LRCX	Lam Research Corp Technology	Reduced	171,923	-11,613	$36,733,068	+16.9%	0.62%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	100,997	-3,250	$33,216,903	−7.4%	0.56%
MS	Morgan Stanley Financial Services	Added	199,266	+2,367	$32,793,205	−6.2%	0.56%
AMD	Advanced Micro Devices Inc Technology	Added	160,133	+6,999	$32,575,856	−0.7%	0.55%
ORCL	Oracle Corp Technology	Added	214,855	+5,561	$31,607,319	−22.5%	0.54%
IBM	International Business Machines Corp Technology	Added	126,485	+323	$30,658,699	−18.0%	0.52%
T	At&T Inc. Communication Services	Reduced	1,036,952	-15,591	$30,061,238	+15.0%	0.51%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	85,984	+1,458	$29,058,292	+13.1%	0.49%
VZ	Verizon Communications Inc Communication Services	Added	563,472	+13,930	$28,286,294	+26.4%	0.48%
GEV	GE Vernova Inc. Industrials	Reduced	32,152	-885	$28,065,480	+30.0%	0.48%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	173,844	+7,181	$27,762,886	+8.4%	0.47%
ASML	Asml Holding NV Technology	Added	19,928	+791	$26,321,500	+28.6%	0.45%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	53,522	+1,757	$25,647,742	−1.4%	0.44%
JNJ	Johnson & Johnson Healthcare	Added	103,413	+20,329	$25,278,273	+47.0%	0.43%
UNH	Unitedhealth Group Inc Healthcare	Reduced	93,211	-799	$25,221,964	−18.7%	0.43%
AXP	American Express Co Financial Services	Reduced	81,455	-1,686	$24,638,508	−19.9%	0.42%
JPM	Jpmorgan Chase & Co Financial Services	Added	83,705	+8,008	$24,622,662	+0.9%	0.42%
BNY	Bank of New York Mellon Corp Financial Services	Added	202,881	+9,685	$24,067,773	+7.3%	0.41%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	48,230	-2,221	$23,706,491	−18.9%	0.40%
ABT	Abbott Laboratories Healthcare	Added	224,621	+5,423	$23,061,838	−16.0%	0.39%
CB	Chubb Ltd Financial Services	Added	70,221	+5,531	$22,887,130	+13.4%	0.39%
BAC	Bank Of America Corp /De/ Financial Services	Added	468,172	+10,667	$22,823,385	−9.3%	0.39%
PFE	Pfizer Inc Healthcare	Added	800,505	+81,567	$22,478,180	+25.6%	0.38%
CRM	Salesforce, Inc. Technology	Added	117,376	+10,701	$21,910,577	−22.5%	0.37%
WELL	Welltower Inc. Real Estate	Reduced	110,503	-12	$21,847,548	+6.5%	0.37%
WMT	Walmart Inc. Consumer Defensive	Added	173,884	+15,841	$21,610,303	+22.7%	0.37%
DIS	Walt Disney Co Communication Services	Added	215,517	+10,663	$20,771,528	−10.9%	0.35%
INTC	Intel Corp Technology	Added	470,162	+17,314	$20,748,249	+24.2%	0.35%
GLW	Corning Inc /Ny Technology	Reduced	150,019	-31,087	$20,398,083	+28.6%	0.35%
LOW	Lowes Companies Inc Consumer Cyclical	Added	85,979	+3,717	$20,315,118	+2.4%	0.35%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	19,848	+2,549	$19,777,142	+32.6%	0.34%
CME	Cme Group Inc. Financial Services	Added	66,949	+4,134	$19,773,387	+15.3%	0.34%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	42,798	-451	$19,729,450	−19.5%	0.34%