Ulland Investment Advisors, LLC

CIK

1911497

Location

MINNEAPOLIS, MN

Portfolio Value

Micro $76,757,256

Diversification

Diversified

Filing Date

Global Rank

#6,199 / 8,607 ▲ 39 · as of Mar 2026

Top Industry

Semiconductors 15.1%

3Y Alpha vs SPY

+2.6%

Period ended 3 months ago

Filed Apr 27, 2026 · 2mo

18 quarters · since Dec 2021

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

+87.1%

SPY

+75.9%

Annualised alpha

+2.5%

Max drawdown

−22.7%

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

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

Top Position

12.1%

−0.2 pts

Top 5

42.8%

−0.7 pts

Top 10

64.8%

−1.7 pts

HHI

527

Diversified−22

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	24.4%	$18,745,563	31
Industrials	17.5%	$13,426,730	17
Communication Services	12.9%	$9,926,490	4
Consumer Cyclical	12.8%	$9,817,580	8
Unclassified	9.7%	$7,448,367	4
Financial Services	7.1%	$5,417,321	16
Healthcare	6.6%	$5,092,729	20
Energy	4.7%	$3,577,866	17
Consumer Defensive	1.9%	$1,446,175	11
Real Estate	1.6%	$1,193,644	4
Basic Materials	0.7%	$517,796	8
Utilities	0.2%	$146,995	6

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

16 positions

Ticker	Company	Δ Shares	Shares	Value
ALVO	Alvotech	+25,600	98,100	$336,483
MRVL	Marvell Technology, Inc.	+5,765	7,415	$734,455
ET	Energy Transfer LP	+3,500	19,500	$376,350
XYZ	Block, Inc.	+3,305	9,933	$597,767
MPLX	Mplx LP	+2,500	7,500	$428,025
DDOG	Datadog, Inc.	+685	850	$100,342
SKY	Champion Homes, Inc.	+424	44,178	$3,285,517
TGT	Target Corp	+272	422	$51,146
KMB	Kimberly Clark Corp	+250	1,845	$177,987
CRWD	CrowdStrike Holdings, Inc.	+139	1,055	$102,970
BSX	Boston Scientific Corp	+135	12,889	$808,784
PANW	Palo Alto Networks Inc	+105	1,083	$173,626
AXON	Axon Enterprise, Inc.	+92	11,387	$4,835,945
MSFT	Microsoft Corp	+75	5,041	$1,866,026
INTU	Intuit Inc.	+5	806	$348,498
SJM	J M SMUCKER Co	+3	264	$25,460
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
VMD	Viemed Healthcare, Inc.	−23,610	61,885	$569,960
VRT	Vertiv Holdings Co	−8,832	27,026	$6,772,175
AMKR	Amkor Technology, Inc.	−6,930	7,280	$327,818
CVLT	Commvault Systems Inc	−1,548	4,147	$323,009
NVDA	Nvidia Corp	−927	53,194	$9,277,033
LNTH	Lantheus Holdings, Inc.	−482	4,325	$328,051
UNH	Unitedhealth Group Inc	−394	6,029	$1,631,387
AMZN	Amazon Com Inc	−336	21,537	$4,485,510
CNP	Centerpoint Energy Inc	−297	603	$26,025
XOM	ExxonMobil Holdings Corp	−271	4,646	$788,240
QQQ	Invesco Qqq Trust, Series 1	−269	9,975	$5,757,370
AAPL	Apple Inc.	−269	12,968	$3,291,148
CSR	Centerspace	−234	500	$28,725
SNPS	Synopsys Inc	−222	1,965	$779,083
GOOGL	Alphabet Inc.	−183	12,968	$3,729,078
ICE	Intercontinental Exchange, Inc.	−150	9,514	$1,496,361
META	Meta Platforms, Inc.	−125	10,799	$6,178,431
TSLA	Tesla, Inc.	−120	85	$31,598
SPY	Spdr S&P 500 ETF Trust	−104	2,555	$1,661,618
SCCO	Southern Copper Corp/	−101	503	$85,689
SYK	Stryker Corp	−100	220	$72,289
LOW	Lowes Companies Inc	−88	8,404	$1,985,697
V	Visa Inc.	−79	7,154	$2,162,224
HON	Honeywell International Inc	−66	254	$60,211
CAT	Caterpillar Inc	−65	350	$247,961
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
WES	Western Midstream Partners, LP	12,000	$494,040
BSM	Black Stone Minerals, L.P.	20,000	$302,400
DMLP	Dorchester Minerals, L.P.	1,250	$33,875
Q	Qnity Electronics, Inc.	112	$12,922
SOLS	Solstice Advanced Materials Inc.	35	$2,665
No positions match the current search.

Sold Out

Positions the filer fully exited

11 positions

Ticker	Company	Shares	Value
NOW	ServiceNow, Inc.	130	$19,914
DAL	Delta Air Lines, Inc.	80	$5,552
AWK	American Water Works Company, Inc.	35	$4,567
GE	General Electric Co	13	$4,004
VECO	Veeco Instruments Inc	132	$3,772
AWR	American States Water Co	31	$2,246
GEV	GE Vernova Inc.	3	$1,960
WTRG	Essential Utilities, Inc.	30	$1,150
PII	Polaris Inc.	13	$822
GEHC	GE HealthCare Technologies Inc.	4	$328
BIOA	BioAge Labs, Inc.	20	$264
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

146 positions · $76,757,256 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 146 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	53,194	-927	$9,277,033	−8.1%	12.09%
VRT	Vertiv Holdings Co Industrials	Reduced	27,026	-8,832	$6,772,175	+16.6%	8.82%
META	Meta Platforms, Inc. Communication Services	Reduced	10,799	-125	$6,178,431	−14.3%	8.05%
QQQ	Invesco Qqq Trust, Series 1	Reduced	9,975	-269	$5,757,370	−8.5%	7.50%
AXON	Axon Enterprise, Inc. Industrials	Added	11,387	+92	$4,835,945	−24.6%	6.30%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	21,537	-336	$4,485,510	−11.2%	5.84%
GOOGL	Alphabet Inc. Communication Services	Reduced	12,968	-183	$3,729,078	−9.4%	4.86%
AAPL	Apple Inc. Technology	Reduced	12,968	-269	$3,291,148	−8.5%	4.29%
SKY	Champion Homes, Inc. Consumer Cyclical	Added	44,178	+424	$3,285,517	−11.1%	4.28%
V	Visa Inc. Financial Services	Reduced	7,154	-79	$2,162,224	−14.8%	2.82%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	8,404	-88	$1,985,697	−3.0%	2.59%
MSFT	Microsoft Corp Technology	Added	5,041	+75	$1,866,026	−22.3%	2.43%
SPY	Spdr S&P 500 ETF Trust	Reduced	2,555	-104	$1,661,618	−8.4%	2.16%
UNH	Unitedhealth Group Inc Healthcare	Reduced	6,029	-394	$1,631,387	−23.1%	2.13%
ICE	Intercontinental Exchange, Inc. Financial Services	Reduced	9,514	-150	$1,496,361	−4.4%	1.95%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	1,999	-47	$957,920	−6.9%	1.25%
UMH	Umh Properties, Inc. Real Estate	Reduced	66,215	-50	$955,482	−9.4%	1.24%
BSX	Boston Scientific Corp Healthcare	Added	12,889	+135	$808,784	−33.5%	1.05%
XOM	ExxonMobil Holdings Corp Energy	Reduced	4,646	-271	$788,240	+33.2%	1.03%
SNPS	Synopsys Inc Technology	Reduced	1,965	-222	$779,083	−24.2%	1.01%
MRVL	Marvell Technology, Inc. Technology	Added	7,415	+5,765	$734,455	+423.8%	0.96%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	617	-20	$614,797	+11.9%	0.80%
XYZ	Block, Inc. Technology	Added	9,933	+3,305	$597,767	+38.6%	0.78%
VMD	Viemed Healthcare, Inc. Healthcare	Reduced	61,885	-23,610	$569,960	−10.3%	0.74%
GNRC	Generac Holdings Inc. Industrials	Held	2,750	0	$537,157	+43.2%	0.70%
WES	Western Midstream Partners, LP Energy	NEW	12,000	NEW	$494,040	NEW	0.64%
RTX	RTX Corp Industrials	Held	2,229	0	$429,974	+5.2%	0.56%
MPLX	Mplx LP Energy	Added	7,500	+2,500	$428,025	+60.4%	0.56%
ET	Energy Transfer LP Energy	Added	19,500	+3,500	$376,350	+42.6%	0.49%
JNJ	Johnson & Johnson Healthcare	Reduced	1,481	-25	$362,015	+16.2%	0.47%
INTU	Intuit Inc. Technology	Added	806	+5	$348,498	−34.3%	0.45%
ALVO	Alvotech Healthcare	Added	98,100	+25,600	$336,483	−9.5%	0.44%
LNTH	Lantheus Holdings, Inc. Healthcare	Reduced	4,325	-482	$328,051	+2.5%	0.43%
AMKR	Amkor Technology, Inc. Technology	Reduced	7,280	-6,930	$327,818	−41.6%	0.43%
SUN	Sunoco LP Energy	Held	5,000	0	$324,850	+24.0%	0.42%
CVLT	Commvault Systems Inc Technology	Reduced	4,147	-1,548	$323,009	−54.8%	0.42%
AVGO	Broadcom Inc. Technology	Reduced	980	-10	$303,319	−11.5%	0.40%
BSM	Black Stone Minerals, L.P. Energy	NEW	20,000	NEW	$302,400	NEW	0.39%
ECL	Ecolab Inc. Basic Materials	Held	1,134	0	$301,666	+1.3%	0.39%
LH	Labcorp Holdings Inc. Healthcare	Held	1,043	0	$278,282	+6.3%	0.36%
EPD	Enterprise Products Partners L.P. Energy	Held	7,000	0	$264,880	+18.0%	0.35%
CAT	Caterpillar Inc Industrials	Reduced	350	-65	$247,961	+4.3%	0.32%
PAA	Plains All American Pipeline LP Energy	Held	10,000	0	$223,300	+24.3%	0.29%
PM	Philip Morris International Inc. Consumer Defensive	Held	1,312	0	$216,926	+3.1%	0.28%
LLY	ELI LILLY & Co Healthcare	Held	200	0	$183,954	−14.4%	0.24%
SCHW	Schwab Charles Corp Financial Services	Held	1,936	0	$181,945	−5.9%	0.24%
KMB	Kimberly Clark Corp Consumer Defensive	Added	1,845	+250	$177,987	+10.6%	0.23%
PANW	Palo Alto Networks Inc Technology	Added	1,083	+105	$173,626	−3.6%	0.23%
PG	PROCTER & GAMBLE Co Consumer Defensive	Held	1,180	0	$170,439	+0.8%	0.22%
HCA	HCA Healthcare, Inc. Healthcare	Held	360	0	$170,366	+1.4%	0.22%