Richard W. Paul & Associates, LLC

CIK

1964203

Location

NOVI, MI

Portfolio Value

Small $104,650,115

Diversification

Diversified

Filing Date

Global Rank

#5,610 / 8,586 ▲ 83

Top Industry

Semiconductors 10.7%

3Y Alpha vs SPY

-0.2%

Period ended 3 months ago

Filed May 13, 2026 · 34d

14 quarters · since Dec 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

+77.3%

SPY

+78.1%

Annualised alpha

-0.2%

Max drawdown

−21.1%

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

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

Top Position

6.3%

−0.0 pts

Top 5

19.2%

−1.1 pts

Top 10

27.8%

−1.3 pts

HHI

175

Diversified−4

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	25.8%	$26,990,166	35
Healthcare	15.0%	$15,696,815	22
Financial Services	11.0%	$11,468,090	26
Unclassified	10.3%	$10,732,614	10
Consumer Defensive	10.1%	$10,612,442	16
Consumer Cyclical	8.9%	$9,339,072	21
Communication Services	7.9%	$8,236,644	10
Industrials	4.8%	$5,069,564	12
Utilities	3.1%	$3,236,345	11
Basic Materials	1.1%	$1,170,184	5
Real Estate	1.0%	$1,060,419	5
Energy	1.0%	$1,037,760	10

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
FETH	Fidelity Ethereum Fund	+9,735	83,976	$1,753,418
BSX	Boston Scientific Corp	+5,342	5,364	$336,591
CSCO	Cisco Systems, Inc.	+5,196	17,756	$1,377,688
PYPL	PayPal Holdings, Inc.	+4,232	32,495	$1,469,748
ORCL	Oracle Corp	+2,527	2,567	$377,631
PG	PROCTER & GAMBLE Co	+1,973	8,765	$1,266,016
BMNR	Bitmine Immersion Technologies, Inc.	+1,742	2,291	$45,315
PM	Philip Morris International Inc.	+1,566	11,038	$1,825,022
PFE	Pfizer Inc	+955	42,149	$1,183,543
T	At&T Inc.	+926	44,130	$1,279,328
COIN	Coinbase Global, Inc.	+746	8,286	$1,446,818
FBTC	Fidelity Wise Origin Bitcoin Fund	+666	1,199	$70,776
D	Dominion Energy, Inc	+651	21,498	$1,329,006
NFLX	Netflix Inc	+566	15,657	$1,505,420
QCOM	Qualcomm Inc/De	+539	6,509	$838,229
CVS	CVS HEALTH Corp	+503	14,510	$1,042,108
BAC	Bank Of America Corp /De/	+486	13,765	$671,043
APO	Apollo Global Management, Inc.	+466	8,050	$896,931
MO	Altria Group, Inc.	+342	19,033	$1,255,987
NEE	Nextera Energy Inc	+311	13,320	$1,237,161
SYY	Sysco Corp	+309	3,780	$269,627
MSFT	Microsoft Corp	+300	9,649	$3,571,770
ACN	Accenture plc	+270	5,697	$1,129,658
UNH	Unitedhealth Group Inc	+257	4,776	$1,292,337
PRU	Prudential Financial Inc	+237	7,046	$688,323
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
KDP	Keurig Dr Pepper Inc.	−7,688	52	$1,369
KR	Kroger Co	−4,809	159	$11,505
NCLH	Norwegian Cruise Line Holdings Ltd.	−2,330	64,387	$1,204,036
KMB	Kimberly Clark Corp	−1,867	160	$15,435
STE	STERIS plc	−1,656	72	$15,921
WDAY	Workday, Inc.	−1,533	31	$4,027
BNY	Bank of New York Mellon Corp	−1,216	3,696	$438,456
LRCX	Lam Research Corp	−1,084	2,045	$436,934
ADBE	Adobe Inc.	−1,035	38	$9,237
VRT	Vertiv Holdings Co	−742	6,219	$1,558,357
ALGN	Align Technology Inc	−699	10,211	$1,750,471
MU	Micron Technology Inc	−694	4,622	$1,561,496
MRK	Merck & Co., Inc.	−391	11,769	$1,415,693
VZ	Verizon Communications Inc	−364	35,308	$1,772,461
ETHE	Grayscale Ethereum Staking ETF	−303	12,198	$208,219
TGT	Target Corp	−292	10,653	$1,291,143
STX	Seagate Technology Holdings plc	−284	3,652	$1,430,707
SPY	Spdr S&P 500 ETF Trust	−271	1,204	$783,009
BMY	Bristol Myers Squibb Co	−240	14,875	$902,168
NET	Cloudflare, Inc.	−190	266	$54,886
IBKR	Interactive Brokers Group, Inc.	−188	7,041	$472,239
JNJ	Johnson & Johnson	−177	5,299	$1,295,287
NVDA	Nvidia Corp	−171	19,618	$3,421,379
FISV	Fiserv Inc	−155	19,606	$1,094,014
O	Realty Income Corp	−150	177	$10,828
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
SJM	J M SMUCKER Co	2,595	$250,261
AMCR	Amcor plc	561	$22,299
KIM	Kimco Realty Corp	646	$14,515
MDLZ	Mondelez International, Inc.	221	$12,738
MDT	Medtronic plc	112	$9,704
PFG	Principal Financial Group Inc	86	$7,749
NXPI	NXP Semiconductors N.V.	21	$4,134
ARMK	Aramark	95	$3,851
WMG	Warner Music Group Corp.	79	$2,017
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
GSK	GSK plc	341	$16,722
AEP	American Electric Power Co Inc	104	$11,992
GILD	Gilead Sciences, Inc.	77	$9,450
DEO	Diageo PLC	102	$8,799
MGNI	Magnite, Inc.	147	$2,385
STAG	STAG Industrial, Inc.	58	$2,132
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

183 positions · $104,650,115 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 183 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
QQQ	Invesco Qqq Trust, Series 1	Added	11,465	+184	$6,617,368	−4.5%	6.32%
AAPL	Apple Inc. Technology	Added	18,195	+59	$4,617,709	−6.3%	4.41%
MSFT	Microsoft Corp Technology	Added	9,649	+300	$3,571,770	−21.0%	3.41%
NVDA	Nvidia Corp Technology	Reduced	19,618	-171	$3,421,379	−7.3%	3.27%
META	Meta Platforms, Inc. Communication Services	Reduced	3,295	-31	$1,885,168	−14.1%	1.80%
JPM	Jpmorgan Chase & Co Financial Services	Added	6,287	+130	$1,849,383	−6.8%	1.77%
PM	Philip Morris International Inc. Consumer Defensive	Added	11,038	+1,566	$1,825,022	+20.1%	1.74%
VZ	Verizon Communications Inc Communication Services	Reduced	35,308	-364	$1,772,461	+22.0%	1.69%
FETH	Fidelity Ethereum Fund	Added	83,976	+9,735	$1,753,418	−20.2%	1.68%
ALGN	Align Technology Inc Healthcare	Reduced	10,211	-699	$1,750,471	+2.8%	1.67%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	8,391	-26	$1,747,593	−10.0%	1.67%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	1,638	-1	$1,632,152	+15.5%	1.56%
ASML	Asml Holding NV Technology	Reduced	1,218	-106	$1,608,770	+13.6%	1.54%
AVGO	Broadcom Inc. Technology	Added	5,105	+91	$1,580,048	−8.9%	1.51%
MU	Micron Technology Inc Technology	Reduced	4,622	-694	$1,561,496	+2.9%	1.49%
VRT	Vertiv Holdings Co Industrials	Reduced	6,219	-742	$1,558,357	+38.2%	1.49%
ABBV	AbbVie Inc. Healthcare	Added	7,029	+133	$1,528,737	−3.0%	1.46%
UPS	United Parcel Service Inc Industrials	Added	15,473	+156	$1,522,233	+0.2%	1.45%
NFLX	Netflix Inc Communication Services	Added	15,657	+566	$1,505,420	+6.4%	1.44%
PYPL	PayPal Holdings, Inc. Financial Services	Added	32,495	+4,232	$1,469,748	−10.9%	1.40%
COIN	Coinbase Global, Inc. Financial Services	Added	8,286	+746	$1,446,818	−15.1%	1.38%
STX	Seagate Technology Holdings plc Technology	Reduced	3,652	-284	$1,430,707	+32.0%	1.37%
ULTA	Ulta Beauty, Inc. Consumer Cyclical	Reduced	2,709	-119	$1,416,021	−17.2%	1.35%
MRK	Merck & Co., Inc. Healthcare	Reduced	11,769	-391	$1,415,693	+10.6%	1.35%
CSCO	Cisco Systems, Inc. Technology	Added	17,756	+5,196	$1,377,688	+42.4%	1.32%
D	Dominion Energy, Inc Utilities	Added	21,498	+651	$1,329,006	+8.8%	1.27%
AMD	Advanced Micro Devices Inc Technology	Added	6,414	+49	$1,304,800	−4.3%	1.25%
JNJ	Johnson & Johnson Healthcare	Reduced	5,299	-177	$1,295,287	+14.3%	1.24%
UNH	Unitedhealth Group Inc Healthcare	Added	4,776	+257	$1,292,337	−13.4%	1.23%
TGT	Target Corp Consumer Defensive	Reduced	10,653	-292	$1,291,143	+20.7%	1.23%
T	At&T Inc. Communication Services	Added	44,130	+926	$1,279,328	+19.2%	1.22%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Added	10,123	+188	$1,270,031	−12.8%	1.21%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	8,765	+1,973	$1,266,016	+30.1%	1.21%
GOOGL	Alphabet Inc. Communication Services	Reduced	4,392	-71	$1,262,963	−9.6%	1.21%
MO	Altria Group, Inc. Consumer Defensive	Added	19,033	+342	$1,255,987	+16.5%	1.20%
NEE	Nextera Energy Inc Utilities	Added	13,320	+311	$1,237,161	+18.5%	1.18%
NCLH	Norwegian Cruise Line Holdings Ltd. Consumer Cyclical	Reduced	64,387	-2,330	$1,204,036	−19.1%	1.15%
PFE	Pfizer Inc Healthcare	Added	42,149	+955	$1,183,543	+15.4%	1.13%
LLY	ELI LILLY & Co Healthcare	Reduced	1,267	-6	$1,165,348	−14.8%	1.11%
ACN	Accenture plc Technology	Added	5,697	+270	$1,129,658	−22.4%	1.08%
DHR	Danaher Corp /De/ Healthcare	Held	5,958	0	$1,129,636	−17.2%	1.08%
LULU	lululemon athletica inc. Consumer Cyclical	Added	7,273	+187	$1,113,496	−24.4%	1.06%
WMT	Walmart Inc. Consumer Defensive	Added	8,814	+70	$1,095,403	+12.4%	1.05%
FISV	Fiserv Inc	Reduced	19,606	-155	$1,094,014	−17.6%	1.05%
HD	Home Depot, Inc. Consumer Cyclical	Added	3,193	+127	$1,050,145	−0.5%	1.00%
CVS	CVS HEALTH Corp Healthcare	Added	14,510	+503	$1,042,108	−6.3%	1.00%
MA	Mastercard Inc Financial Services	Reduced	2,079	-1	$1,038,793	−12.5%	0.99%
ZTS	Zoetis Inc. Healthcare	Added	8,606	+12	$1,017,315	−5.9%	0.97%
FSLR	First Solar, Inc. Technology	Added	4,814	+143	$949,609	−22.2%	0.91%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	14,875	-240	$902,168	+10.7%	0.86%