Winter & Associates, Inc.

CIK

2109063

Location

ST. PAUL, MN

Portfolio Value

Micro $31,469,950

Diversification

Diversified

Filing Date

Global Rank

#7,370 / 8,605 ▲ 52 · as of Mar 2026

Top Industry

Consumer Electronics 23.2%

3Y Alpha vs SPY

-1.4%

Period ended 3 months ago

Filed Apr 8, 2026 · 3mo

2 quarters · since Dec 2025

Clone Performance

Feb 2026–Jul 2026 · vs SPY

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

Cloned portfolio

+9.5%

SPY

+10.0%

Annualised alpha

-1.3%

Max drawdown

−9.3%

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

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

Top Position

17.7%

−1.7 pts

Top 5

59.4%

−1.9 pts

Top 10

73.9%

−1.2 pts

HHI

879

Diversified−49

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	34.3%	$10,790,338	9
Unclassified	33.4%	$10,501,747	4
Consumer Cyclical	8.7%	$2,745,565	3
Financial Services	5.6%	$1,775,646	6
Industrials	5.5%	$1,735,382	3
Healthcare	5.4%	$1,696,362	5
Communication Services	3.3%	$1,034,928	2
Consumer Defensive	2.3%	$727,876	2
Energy	1.4%	$433,455	1
Basic Materials	0.1%	$28,651	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

13 positions

Ticker	Company	Δ Shares	Shares	Value
USCI	United States Commodity Index Funds Trust	+4,313	12,545	$1,195,789
AAPL	Apple Inc.	+1,179	19,137	$4,856,779
BRK-B	Berkshire Hathaway Inc	+374	1,154	$552,996
MNST	Monster Beverage Corp	+314	3,670	$265,928
NVDA	Nvidia Corp	+143	18,661	$3,254,478
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+116	1,102	$372,420
TSLA	Tesla, Inc.	+86	4,225	$1,570,643
IBM	International Business Machines Corp	+58	2,255	$546,589
PGR	Progressive Corp/Oh/	+29	1,077	$213,504
LLY	ELI LILLY & Co	+13	362	$332,956
MMM	3M Co	+10	7,952	$1,154,868
CVX	Chevron Corp	+5	2,095	$433,455
WMT	Walmart Inc.	+4	3,717	$461,948
No positions match the current search.

Trimmed

Positions the filer reduced

12 positions

Ticker	Company	Δ Shares	Shares	Value
SABA	Saba Capital Income & Opportunities Fund II	−21,887	39,673	$330,079
MDY	Spdr S&P Midcap 400 ETF Trust	−1,658	9,050	$5,581,678
LRCX	Lam Research Corp	−117	1,566	$334,591
QQQ	Invesco Qqq Trust, Series 1	−112	5,941	$3,429,026
AMZN	Amazon Com Inc	−42	4,577	$953,251
JPM	Jpmorgan Chase & Co	−40	1,245	$366,229
MSFT	Microsoft Corp	−38	1,694	$627,067
CRM	Salesforce, Inc.	−22	1,115	$208,137
UNH	Unitedhealth Group Inc	−16	1,036	$280,331
SPY	Spdr S&P 500 ETF Trust	−13	454	$295,254
META	Meta Platforms, Inc.	−2	769	$439,967
HD	Home Depot, Inc.	−2	674	$221,671
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
STRL	Sterling Infrastructure, Inc.	575	$234,180
GLW	Corning Inc /Ny	1,557	$211,705
NMG	Nouveau Monde Graphite Inc.	12,791	$28,651
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
BLK	BlackRock, Inc.	200	$214,068
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

36 positions · $31,469,950 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MDY	Spdr S&P Midcap 400 ETF Trust	Reduced	9,050	-1,658	$5,581,678	−13.6%	17.74%
AAPL	Apple Inc. Technology	Added	19,137	+1,179	$4,856,779	−0.5%	15.43%
QQQ	Invesco Qqq Trust, Series 1	Reduced	5,941	-112	$3,429,026	−7.8%	10.90%
NVDA	Nvidia Corp Technology	Added	18,661	+143	$3,254,478	−5.8%	10.34%
TSLA	Tesla, Inc. Consumer Cyclical	Added	4,225	+86	$1,570,643	−15.6%	4.99%
USCI	United States Commodity Index Funds Trust	Added	12,545	+4,313	$1,195,789	+87.2%	3.80%
MMM	3M Co Industrials	Added	7,952	+10	$1,154,868	−9.2%	3.67%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	4,577	-42	$953,251	−10.6%	3.03%
MSFT	Microsoft Corp Technology	Reduced	1,694	-38	$627,067	−25.1%	1.99%
ISRG	Intuitive Surgical Inc Healthcare	Held	1,354	0	$624,180	−18.6%	1.98%
GOOGL	Alphabet Inc. Communication Services	Held	2,069	0	$594,961	−8.1%	1.89%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	1,154	+374	$552,996	+41.0%	1.76%
IBM	International Business Machines Corp Technology	Added	2,255	+58	$546,589	−16.0%	1.74%
WMT	Walmart Inc. Consumer Defensive	Added	3,717	+4	$461,948	+11.7%	1.47%
META	Meta Platforms, Inc. Communication Services	Reduced	769	-2	$439,967	−13.6%	1.40%
CVX	Chevron Corp Energy	Added	2,095	+5	$433,455	+36.1%	1.38%
PLTR	Palantir Technologies Inc. Technology	Held	2,588	0	$378,572	−17.7%	1.20%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	1,102	+116	$372,420	+24.3%	1.18%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	1,245	-40	$366,229	−11.5%	1.16%
HON	Honeywell International Inc Industrials	Held	1,461	0	$346,334	+15.9%	1.10%
LRCX	Lam Research Corp Technology	Reduced	1,566	-117	$334,591	+16.1%	1.06%
LLY	ELI LILLY & Co Healthcare	Added	362	+13	$332,956	−11.2%	1.06%
SABA	Saba Capital Income & Opportunities Fund II Financial Services	Reduced	39,673	-21,887	$330,079	−35.0%	1.05%
SPY	Spdr S&P 500 ETF Trust	Reduced	454	-13	$295,254	−7.3%	0.94%
UNH	Unitedhealth Group Inc Healthcare	Reduced	1,036	-16	$280,331	−19.3%	0.89%
MNST	Monster Beverage Corp Consumer Defensive	Added	3,670	+314	$265,928	+3.4%	0.85%
V	Visa Inc. Financial Services	Held	870	0	$262,948	−13.8%	0.84%
MCK	Mckesson Corp Healthcare	Held	276	0	$238,839	+5.5%	0.76%
STRL	Sterling Infrastructure, Inc. Industrials	NEW	575	NEW	$234,180	NEW	0.74%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	674	-2	$221,671	−4.7%	0.70%
HCA	HCA Healthcare, Inc. Healthcare	Held	465	0	$220,056	+1.4%	0.70%
PGR	Progressive Corp/Oh/ Financial Services	Added	1,077	+29	$213,504	−10.5%	0.68%
GLW	Corning Inc /Ny Technology	NEW	1,557	NEW	$211,705	NEW	0.67%
CRM	Salesforce, Inc. Technology	Reduced	1,115	-22	$208,137	−30.9%	0.66%
DHY	Credit Suisse High Yield Credit Fund Financial Services	Held	26,258	0	$49,890	−5.0%	0.16%
NMG	Nouveau Monde Graphite Inc. Basic Materials	NEW	12,791	NEW	$28,651	NEW	0.09%