Ethic Inc.

CIK

1780570

Location

NEW YORK, NY

Portfolio Value

Mid $5,886,794,776

Diversification

Diversified

Filing Date

Global Rank

#592 / 8,603 ▼ 4 · as of Mar 2026

Top Industry

Semiconductors 12.7%

3Y Alpha vs SPY

-2.9%

Period ended 3 months ago

Filed Apr 27, 2026 · 2mo

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

+63.4%

SPY

+76.0%

Annualised alpha

-2.9%

Max drawdown

−18.9%

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

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	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%