Ethic Inc.
Filing Date
Global Rank
#588
/ 8,588
▼ 2
Top Industry
Semiconductors
12.6%
3Y Alpha vs SPY
-3.5%
Period ended 3 months ago
Filed Apr 27, 2026 · 51d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+61.7%
SPY
+76.8%
Annualised alpha
-3.5%
Max drawdown
−18.8%
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, 2025Top Position
7.2%
−0.0 pts
Top 5
22.7%
−2.2 pts
Top 10
28.4%
−3.7 pts
HHI
147
Diversified−19
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 34.9% | $2,069,111,519 |
| Financial Services | 15.4% | $911,908,726 |
| Industrials | 10.3% | $610,399,177 |
| Healthcare | 10.0% | $593,336,076 |
| Consumer Cyclical | 9.2% | $546,282,212 |
| Communication Services | 5.7% | $337,307,989 |
| Consumer Defensive | 4.1% | $243,926,080 |
| Energy | 2.8% | $167,979,676 |
| Real Estate | 2.8% | $165,684,425 |
| Utilities | 2.4% | $145,314,834 |
| Basic Materials | 2.3% | $138,498,298 |
| Unclassified | 0.1% | $5,484,621 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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 | |
| 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 | |
| W | Wayfair Inc. | 4,194 | $421,119 | |
| No positions match the current search. | ||||
68 positions ·
$138,498,298 total
· Basic Materials only
· 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 68 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| ECL |
Ecolab Inc.
Basic Materials
|
Added | 45,976 | $12,230,535 | 8.83% | |
| RGLD |
Royal Gold Inc
Basic Materials
|
Reduced | 47,028 | $11,968,155 | 8.64% | |
| RS |
Reliance, Inc.
Basic Materials
|
Added | 34,420 | $10,460,926 | 7.55% | |
| CTVA |
Corteva, Inc.
Basic Materials
|
Added | 124,765 | $10,444,078 | 7.54% | |
| SHW |
Sherwin Williams Co
Basic Materials
|
Added | 27,853 | $8,928,279 | 6.45% | |
| MLM |
Martin Marietta Materials Inc
Basic Materials
|
Added | 12,202 | $7,183,073 | 5.19% | |
| LIN |
Linde PLC
Basic Materials
|
Added | 12,155 | $6,025,962 | 4.35% | |
| APD |
Air Products & Chemicals, Inc.
Basic Materials
|
Added | 15,872 | $4,610,657 | 3.33% | |
| PPG |
Ppg Industries Inc
Basic Materials
|
Added | 38,557 | $4,120,972 | 2.98% | |
| NUE |
Nucor Corp
Basic Materials
|
Reduced | 23,181 | $3,919,907 | 2.83% | |
| VMC |
Vulcan Materials CO
Basic Materials
|
Added | 14,334 | $3,903,148 | 2.82% | |
| ALB |
Albemarle Corp
Basic Materials
|
Reduced | 20,773 | $3,729,376 | 2.69% | |
| IFF |
International Flavors & Fragrances Inc
Basic Materials
|
Added | 49,552 | $3,594,997 | 2.60% | |
| STLD |
Steel Dynamics Inc
Basic Materials
|
Added | 19,808 | $3,565,440 | 2.57% | |
| WPM |
Wheaton Precious Metals Corp.
Basic Materials
|
Added | 25,462 | $3,335,776 | 2.41% | |
| NEM |
NEWMONT Corp /DE/
Basic Materials
|
Added | 30,262 | $3,275,861 | 2.37% | |
| DD |
DuPont de Nemours, Inc.
Basic Materials
|
Added | 70,889 | $3,246,716 | 2.34% | |
| CRH |
Crh Public Ltd Co
Basic Materials
|
Reduced | 25,380 | $2,667,945 | 1.93% | |
| RPM |
Rpm International Inc/De/
Basic Materials
|
Added | 24,508 | $2,436,095 | 1.76% | |
| FCX |
Freeport-Mcmoran Inc
Basic Materials
|
Added | 40,915 | $2,404,983 | 1.74% | |
| BVN |
Buenaventura Mining Co Inc
Basic Materials
|
Added | 56,618 | $2,040,512 | 1.47% | |
| LYB |
LyondellBasell Industries N.V.
Basic Materials
|
Added | 18,837 | $1,517,508 | 1.10% | |
| AXTA |
Axalta Coating Systems Ltd.
Basic Materials
|
Added | 44,127 | $1,222,317 | 0.88% | |
| CF |
CF Industries Holdings, Inc.
Basic Materials
|
Added | 8,982 | $1,166,222 | 0.84% | |
| NEU |
Newmarket Corp
Basic Materials
|
Reduced | 1,674 | $1,072,950 | 0.77% | |
| BHP |
BHP Group Ltd
Basic Materials
|
Added | 13,870 | $1,008,903 | 0.73% | |
| GGB |
Gerdau S.A.
Basic Materials
|
Reduced | 238,924 | $862,515 | 0.62% | |
| DOW |
Dow Inc.
Basic Materials
|
Added | 20,526 | $854,907 | 0.62% | |
| FMC |
Fmc Corp
Basic Materials
|
Added | 48,023 | $826,956 | 0.60% | |
| FUL |
Fuller H B Co
Basic Materials
|
Reduced | 11,992 | $739,666 | 0.53% | |
| ESI |
Element Solutions Inc
Basic Materials
|
Added | 21,662 | $739,540 | 0.53% | |
| AVNT |
Avient Corp
Basic Materials
|
Reduced | 19,037 | $691,043 | 0.50% | |
| SMG |
Scotts Miracle-Gro Co
Basic Materials
|
Added | 10,270 | $624,518 | 0.45% | |
| CSTM |
Constellium SE
Basic Materials
|
Reduced | 25,285 | $621,505 | 0.45% | |
| RIO |
Rio Tinto PLC
Basic Materials
|
Added | 6,523 | $608,530 | 0.44% | |
| ASH |
Ashland Inc.
Basic Materials
|
Added | 10,761 | $598,419 | 0.43% | |
| SCL |
Stepan Co
Basic Materials
|
Added | 11,721 | $585,815 | 0.42% | |
| REX |
REX AMERICAN RESOURCES Corp
Basic Materials
|
Added | 12,710 | $579,194 | 0.42% | |
| MTRN |
MATERION Corp
Basic Materials
|
Reduced | 3,898 | $563,845 | 0.41% | |
| MOS |
Mosaic Co
Basic Materials
|
Added | 21,969 | $560,209 | 0.40% | |
| GFI |
Gold Fields Ltd
Basic Materials
|
Added | 11,725 | $532,315 | 0.38% | |
| HL |
Hecla Mining Co/De/
Basic Materials
|
Reduced | 27,705 | $516,144 | 0.37% | |
| SXT |
Sensient Technologies Corp
Basic Materials
|
Reduced | 5,196 | $449,142 | 0.32% | |
| IOSP |
Innospec Inc.
Basic Materials
|
Added | 6,091 | $444,764 | 0.32% | |
| TECK |
Teck Resources Ltd
Basic Materials
|
NEW | 8,314 | $430,249 | 0.31% | |
| DC |
Dakota Gold Corp.
Basic Materials
|
Added | 83,405 | $421,195 | 0.30% | |
| FNV |
FRANCO NEVADA Corp
Basic Materials
|
Added | 1,688 | $417,020 | 0.30% | |
| CMCL |
Caledonia Mining Corp Plc
Basic Materials
|
Reduced | 18,457 | $416,943 | 0.30% | |
| AEM |
Agnico Eagle Mines Ltd
Basic Materials
|
Added | 2,010 | $407,989 | 0.29% | |
| KALU |
Kaiser Aluminum Corp
Basic Materials
|
Added | 3,350 | $403,708 | 0.29% |