Ethic Inc.
Filing Date
Global Rank
#449
/ 8,232
▲ 30
Top Industry
Semiconductors
12.6%
3Y Alpha vs SPY
-3.4%
Period ended 2 months ago
Filed Apr 27, 2026 · 48d
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
+62.0%
SPY
+76.3%
Annualised alpha
-3.4%
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
1,173 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 | 15.3% | $910,151,158 |
| Industrials | 10.3% | $609,942,366 |
| 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. | ||||
66 positions ·
$243,926,080 total
· Consumer Defensive 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 66 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| WMT |
Walmart Inc.
Consumer Defensive
|
Added | 173,884 | $21,610,303 | 8.86% | |
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
Added | 19,848 | $19,777,142 | 8.11% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Added | 76,336 | $11,854,217 | 4.86% | |
| CL |
Colgate Palmolive Co
Consumer Defensive
|
Added | 131,150 | $11,177,914 | 4.58% | |
| MDLZ |
Mondelez International, Inc.
Consumer Defensive
|
Added | 193,749 | $11,167,692 | 4.58% | |
| MNST |
Monster Beverage Corp
Consumer Defensive
|
Added | 138,003 | $9,999,697 | 4.10% | |
| SYY |
Sysco Corp
Consumer Defensive
|
Added | 123,457 | $8,806,187 | 3.61% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Added | 115,013 | $8,746,738 | 3.59% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 55,378 | $7,998,798 | 3.28% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Added | 45,920 | $7,592,412 | 3.11% | |
| KDP |
Keurig Dr Pepper Inc.
Consumer Defensive
|
Added | 241,959 | $6,370,780 | 2.61% | |
| DLTR |
Dollar Tree, Inc.
Consumer Defensive
|
Added | 56,174 | $6,151,614 | 2.52% | |
| CHD |
Church & Dwight Co Inc /De/
Consumer Defensive
|
Added | 63,702 | $5,944,670 | 2.44% | |
| GIS |
General Mills Inc
Consumer Defensive
|
Added | 154,970 | $5,767,983 | 2.36% | |
| BUD |
Anheuser-Busch InBev SA/NV
Consumer Defensive
|
Reduced | 81,839 | $5,677,171 | 2.33% | |
| UL |
Unilever PLC
Consumer Defensive
|
Added | 98,895 | $5,634,048 | 2.31% | |
| USFD |
US Foods Holding Corp.
Consumer Defensive
|
Added | 60,270 | $5,557,496 | 2.28% | |
| STZ |
Constellation Brands, Inc.
Consumer Defensive
|
Added | 33,616 | $5,042,400 | 2.07% | |
| SJM |
J M SMUCKER Co
Consumer Defensive
|
Added | 52,141 | $5,028,478 | 2.06% | |
| KR |
Kroger Co
Consumer Defensive
|
Added | 67,437 | $4,879,741 | 2.00% | |
| TGT |
Target Corp
Consumer Defensive
|
Reduced | 38,433 | $4,658,079 | 1.91% | |
| KMB |
Kimberly Clark Corp
Consumer Defensive
|
Added | 47,517 | $4,583,964 | 1.88% | |
| KVUE |
Kenvue Inc.
Consumer Defensive
|
Added | 251,970 | $4,343,962 | 1.78% | |
| CAG |
Conagra Brands Inc.
Consumer Defensive
|
Reduced | 242,384 | $3,810,276 | 1.56% | |
| CCEP |
COCA-COLA EUROPACIFIC PARTNERS plc
Consumer Defensive
|
Added | 39,378 | $3,570,403 | 1.46% | |
| HRL |
Hormel Foods Corp /De/
Consumer Defensive
|
Reduced | 145,977 | $3,306,379 | 1.36% | |
| MO |
Altria Group, Inc.
Consumer Defensive
|
Added | 46,015 | $3,036,529 | 1.24% | |
| DG |
Dollar General Corp
Consumer Defensive
|
Reduced | 23,179 | $2,752,042 | 1.13% | |
| CLX |
Clorox Co /De/
Consumer Defensive
|
Added | 23,378 | $2,422,662 | 0.99% | |
| BF-A |
Brown Forman Corp
Consumer Defensive
|
Added | 86,637 | $2,321,004 | 0.95% | |
| BJ |
BJ's Wholesale Club Holdings, Inc.
Consumer Defensive
|
Added | 22,548 | $2,219,174 | 0.91% | |
| SFM |
Sprouts Farmers Market, Inc.
Consumer Defensive
|
Added | 28,383 | $2,189,180 | 0.90% | |
| ABEV |
Ambev S.A.
Consumer Defensive
|
Reduced | 686,809 | $2,005,482 | 0.82% | |
| INGR |
Ingredion Inc
Consumer Defensive
|
Added | 17,575 | $1,979,999 | 0.81% | |
| ADM |
Archer-Daniels-Midland Co
Consumer Defensive
|
Added | 25,210 | $1,832,514 | 0.75% | |
| HSY |
Hershey Co
Consumer Defensive
|
Added | 8,789 | $1,827,145 | 0.75% | |
| FMX |
Mexican Economic Development Inc
Consumer Defensive
|
Added | 16,297 | $1,809,944 | 0.74% | |
| EL |
Estee Lauder Companies Inc
Consumer Defensive
|
Reduced | 23,217 | $1,666,284 | 0.68% | |
| DEO |
Diageo PLC
Consumer Defensive
|
Added | 21,902 | $1,630,603 | 0.67% | |
| POST |
Post Holdings, Inc.
Consumer Defensive
|
Added | 15,403 | $1,522,740 | 0.62% | |
| PRMB |
Primo Brands Corp
Consumer Defensive
|
Added | 79,292 | $1,493,068 | 0.61% | |
| CPB |
CAMPBELL'S Co
Consumer Defensive
|
Added | 64,094 | $1,427,373 | 0.59% | |
| PFGC |
Performance Food Group Co
Consumer Defensive
|
Reduced | 14,616 | $1,252,006 | 0.51% | |
| DAR |
Darling Ingredients Inc.
Consumer Defensive
|
NEW | 19,927 | $1,232,484 | 0.51% | |
| SFD |
Smithfield Foods Inc
Consumer Defensive
|
Added | 40,000 | $1,118,800 | 0.46% | |
| COKE |
Coca-Cola Consolidated, Inc.
Consumer Defensive
|
Added | 5,749 | $1,102,313 | 0.45% | |
| TSN |
Tyson Foods, Inc.
Consumer Defensive
|
Added | 16,205 | $1,038,254 | 0.43% | |
| KHC |
Kraft Heinz Co
Consumer Defensive
|
Added | 42,964 | $966,260 | 0.40% | |
| LW |
Lamb Weston Holdings, Inc.
Consumer Defensive
|
Reduced | 18,328 | $774,541 | 0.32% | |
| FLO |
Flowers Foods Inc
Consumer Defensive
|
Reduced | 80,604 | $656,922 | 0.27% |