ADVOCATE GROUP LLC

CIK

1853401

Location

MINNETONKA, MN

Portfolio Value

Small $508,501,981

Diversification

Diversified

Filing Date

Global Rank

#2,587 / 8,586 ▲ 88

Top Industry

Drug Manufacturers - General 13.2%

3Y Alpha vs SPY

-10.4%

Period ended 3 months ago

Filed Apr 13, 2026 · 2mo

16 quarters · since Jun 2022

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+35.9%

SPY

+78.1%

Annualised alpha

-10.4%

Max drawdown

−13.3%

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

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

Top Position

4.0%

−1.1 pts

Top 5

16.6%

−0.1 pts

Top 10

28.2%

+0.2 pts

HHI

183

Diversified−6

Portfolio Trend

16 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	15.5%	$78,684,576	11
Consumer Defensive	14.2%	$72,409,313	16
Technology	13.3%	$67,724,036	13
Industrials	10.2%	$52,042,851	14
Utilities	9.6%	$49,051,094	8
Financial Services	8.7%	$44,224,900	6
Energy	8.2%	$41,727,695	8
Real Estate	6.1%	$30,862,586	8
Basic Materials	5.7%	$28,969,536	7
Communication Services	4.2%	$21,564,256	4
Consumer Cyclical	4.0%	$20,433,685	6
Unclassified	0.2%	$807,453	2

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
HRL	Hormel Foods Corp /De/	+74,618	172,479	$3,906,649
AVB	Avalonbay Communities Inc	+9,029	35,654	$5,824,080
PG	PROCTER & GAMBLE Co	+8,404	64,527	$9,320,279
XEL	Xcel Energy Inc	+7,699	72,877	$5,789,348
GIS	General Mills Inc	+7,219	547,322	$20,371,324
PFE	Pfizer Inc	+6,553	355,052	$9,969,860
VZ	Verizon Communications Inc	+4,557	340,554	$17,095,810
WPC	W. P. Carey Inc.	+4,262	91,645	$6,228,194
PLD	Prologis, Inc.	+2,516	43,780	$5,786,840
ACN	Accenture plc	+2,353	21,519	$4,267,002
UL	Unilever PLC	+1,826	108,002	$6,152,873
PSA	Public Storage	+1,553	21,872	$5,924,687
DUK	Duke Energy CORP	+1,458	76,528	$10,020,576
CRM	Salesforce, Inc.	+1,314	14,091	$2,630,366
BMY	Bristol Myers Squibb Co	+1,286	166,956	$10,125,881
CB	Chubb Ltd	+927	27,804	$9,062,157
NKE	NIKE, Inc.	+693	44,963	$2,374,945
TGT	Target Corp	+347	85,290	$10,337,148
MA	Mastercard Inc	+60	8,327	$4,160,668
SPY	Spdr S&P 500 ETF Trust	+45	924	$600,914
SO	Southern Co	+34	85,820	$8,283,346
PEP	Pepsico Inc	+7	2,164	$336,047
COST	Costco Wholesale Corp /New	+3	259	$258,075
TSLA	Tesla, Inc.	+2	4,040	$1,501,870
GOOGL	Alphabet Inc.	+1	13,453	$3,868,544
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
UPS	United Parcel Service Inc	−18,956	66,025	$6,495,539
SCCO	Southern Copper Corp/	−15,436	15,970	$2,747,798
ARE	Alexandria Real Estate Equities, Inc.	−15,097	27,336	$1,268,937
UNP	Union Pacific Corp	−6,154	35,161	$8,530,761
CSCO	Cisco Systems, Inc.	−5,786	161,846	$12,557,631
MS	Morgan Stanley	−4,112	57,172	$9,408,796
NTR	Nutrien Ltd.	−4,013	118,595	$8,949,178
KMB	Kimberly Clark Corp	−3,133	45,921	$4,429,998
ENTG	Entegris Inc	−2,796	1,983	$232,486
FCX	Freeport-Mcmoran Inc	−2,634	92,086	$5,412,815
SCHW	Schwab Charles Corp	−2,574	98,273	$9,235,696
KR	Kroger Co	−2,116	124,962	$9,042,250
JNJ	Johnson & Johnson	−1,644	64,825	$15,845,823
RIO	Rio Tinto PLC	−1,637	52,843	$4,929,723
MRK	Merck & Co., Inc.	−1,461	97,350	$11,710,231
JPM	Jpmorgan Chase & Co	−1,332	33,344	$9,808,471
XOM	Exxon Mobil Corp	−1,248	4,459	$756,513
CMI	Cummins Inc	−1,198	18,148	$9,763,986
IBM	International Business Machines Corp	−1,067	37,927	$9,193,125
BP	Bp PLC	−1,056	131,103	$6,161,841
ENB	Enbridge Inc	−1,010	236,809	$12,820,839
AAPL	Apple Inc.	−937	39,062	$9,913,544
CAT	Caterpillar Inc	−883	14,526	$10,291,089
MICC	Magnum Ice Cream Co N.V.	−853	22,176	$331,531
D	Dominion Energy, Inc	−743	123,613	$7,641,755
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
UDR	UDR, Inc.	104,497	$3,529,908
CLX	Clorox Co /De/	26,661	$2,762,879
AZN	Astrazeneca PLC	5,917	$1,166,950
VLO	Valero Energy Corp/Tx	1,035	$255,727
T	At&T Inc.	7,747	$224,585
GLD	Spdr Gold Trust	480	$206,539
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
GPK	Graphic Packaging Holding Co	334,461	$5,036,982
USB	US Bancorp De	4,720	$251,859
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

103 positions · $508,501,981 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 103 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BSX	Boston Scientific Corp Healthcare	Held	3,274	0	$205,443	−34.2%	0.04%
GLD	Spdr Gold Trust	NEW	480	NEW	$206,539	NEW	0.04%
CEG	Constellation Energy Corp Utilities	Held	782	0	$218,373	−21.0%	0.04%
ETN	Eaton Corp plc Industrials	Reduced	611	-50	$218,536	+3.8%	0.04%
GWW	W.W. Grainger, Inc. Industrials	Held	202	0	$220,343	+8.1%	0.04%
SYY	Sysco Corp Consumer Defensive	Reduced	3,099	-527	$221,051	−17.3%	0.04%
T	At&T Inc. Communication Services	NEW	7,747	NEW	$224,585	NEW	0.04%
MMM	3M Co Industrials	Reduced	1,600	-152	$232,368	−17.2%	0.05%
ENTG	Entegris Inc Technology	Reduced	1,983	-2,796	$232,486	−42.3%	0.05%
PKG	Packaging Corp Of America Consumer Cyclical	Reduced	1,187	-6	$251,905	+2.4%	0.05%
MAS	Masco Corp /De/ Industrials	Reduced	4,215	-480	$254,459	−14.6%	0.05%
VLO	Valero Energy Corp/Tx Energy	NEW	1,035	NEW	$255,727	NEW	0.05%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	259	+3	$258,075	+16.9%	0.05%
OKE	Oneok Inc /New/ Energy	Held	2,981	0	$269,452	+23.0%	0.05%
UAMY	United States Antimony Corp Basic Materials	Held	31,950	0	$278,923	+73.9%	0.05%
HROW	Harrow, Inc. Healthcare	Held	8,824	0	$311,134	−28.0%	0.06%
MU	Micron Technology Inc Technology	Reduced	937	-4	$316,556	+17.9%	0.06%
LMT	Lockheed Martin Corp Industrials	Held	524	0	$316,700	+25.0%	0.06%
MICC	Magnum Ice Cream Co N.V. Consumer Defensive	Reduced	22,176	-853	$331,531	−9.2%	0.07%
PEP	Pepsico Inc Consumer Defensive	Added	2,164	+7	$336,047	+8.6%	0.07%
META	Meta Platforms, Inc. Communication Services	Held	656	0	$375,317	−13.3%	0.07%
COP	Conocophillips Energy	Reduced	3,698	-50	$488,136	+39.1%	0.10%
ADM	Archer-Daniels-Midland Co Consumer Defensive	Held	6,872	0	$499,525	+26.4%	0.10%
WSO	Watsco Inc Industrials	Held	1,384	0	$503,485	+8.0%	0.10%
CNP	Centerpoint Energy Inc Utilities	Held	12,098	0	$522,149	+12.6%	0.10%
SPY	Spdr S&P 500 ETF Trust	Added	924	+45	$600,914	+0.3%	0.12%
DLR	Digital Realty Trust, Inc. Real Estate	Reduced	3,532	-95	$636,501	+13.4%	0.13%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	8,381	-50	$714,312	+7.2%	0.14%
DRI	Darden Restaurants Inc Consumer Cyclical	Reduced	3,652	-13	$715,938	+6.2%	0.14%
XOM	Exxon Mobil Corp Energy	Reduced	4,459	-1,248	$756,513	+10.2%	0.15%
PAYX	Paychex Inc Technology	Held	8,286	0	$763,306	−17.9%	0.15%
NSC	Norfolk Southern Corp Industrials	Held	2,977	0	$854,399	−0.6%	0.17%
KO	Coca Cola Co Consumer Defensive	Reduced	12,465	-69	$947,963	+8.2%	0.19%
STLD	Steel Dynamics Inc Basic Materials	Reduced	5,478	-38	$986,040	+5.5%	0.19%
AZN	Astrazeneca PLC Healthcare	NEW	5,917	NEW	$1,166,950	NEW	0.23%
ARE	Alexandria Real Estate Equities, Inc. Real Estate	Reduced	27,336	-15,097	$1,268,937	−38.9%	0.25%
ABT	Abbott Laboratories Healthcare	Reduced	12,549	-447	$1,288,405	−20.9%	0.25%
TSLA	Tesla, Inc. Consumer Cyclical	Added	4,040	+2	$1,501,870	−17.3%	0.30%
CCI	Crown Castle Inc. Real Estate	Reduced	20,458	-136	$1,663,439	−9.1%	0.33%
FAST	Fastenal Co Industrials	Held	36,716	0	$1,703,622	+15.6%	0.34%
AMGN	Amgen Inc Healthcare	Reduced	5,478	-19	$1,927,434	+7.1%	0.38%
NKE	NIKE, Inc. Consumer Cyclical	Added	44,963	+693	$2,374,945	−15.8%	0.47%
DE	Deere & Co Industrials	Held	4,289	0	$2,415,993	+21.0%	0.48%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	32,020	-347	$2,549,112	−15.5%	0.50%
CRM	Salesforce, Inc. Technology	Added	14,091	+1,314	$2,630,366	−22.3%	0.52%
SCCO	Southern Copper Corp/ Basic Materials	Reduced	15,970	-15,436	$2,747,798	−38.5%	0.54%
CLX	Clorox Co /De/ Consumer Defensive	NEW	26,661	NEW	$2,762,879	NEW	0.54%
WMT	Walmart Inc. Consumer Defensive	Reduced	22,348	-615	$2,777,409	+8.6%	0.55%
AMAT	Applied Materials Inc /De Technology	Reduced	9,930	-54	$3,393,974	+32.3%	0.67%
UDR	UDR, Inc. Real Estate	NEW	104,497	NEW	$3,529,908	NEW	0.69%