JOHN G ULLMAN & ASSOCIATES INC
Filing Date
Global Rank
#2,016
/ 8,638
▲ 30
· as of Mar 2026
Top Industry
Utilities - Regulated Electric
12.1%
3Y Alpha vs SPY
+5.1%
Period ended 4 months ago
Filed May 6, 2026 · 3mo
25 quarters · since Mar 2020
Clone Performance
Aug 2023–Aug 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Cloned portfolio
+100.8%
SPY
+77.0%
Annualised alpha
+5.2%
Max drawdown
−19.0%
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
156 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
6.0%
+0.7 pts
Top 5
22.7%
+1.1 pts
Top 10
35.0%
+1.1 pts
HHI
206
Diversified+13
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 32.2% | $234,136,946 |
| Industrials | 17.5% | $126,944,370 |
| Utilities | 17.2% | $124,810,938 |
| Healthcare | 9.3% | $67,752,675 |
| Energy | 7.4% | $53,736,913 |
| Communication Services | 4.6% | $33,400,572 |
| Consumer Cyclical | 3.8% | $27,917,800 |
| Financial Services | 2.6% | $18,971,938 |
| Basic Materials | 2.4% | $17,420,703 |
| Real Estate | 1.5% | $10,917,238 |
| Consumer Defensive | 1.4% | $9,833,800 |
| Unclassified | 0.1% | $948,782 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| AZTA | Azenta, Inc. | +51,226 | 109,344 | $2,310,438 | |
| ITRI | Itron, Inc. | +21,975 | 80,656 | $7,229,197 | |
| TWLO | Twilio Inc | +15,150 | 34,366 | $4,323,930 | |
| EHC | Encompass Health Corp | +12,950 | 40,400 | $3,907,892 | |
| KDP | Keurig Dr Pepper Inc. | +11,100 | 169,700 | $4,468,201 | |
| DIS | Walt Disney Co | +8,933 | 83,042 | $8,003,587 | |
| BCE | Bce Inc | +8,600 | 241,927 | $6,106,237 | |
| PFE | Pfizer Inc | +8,022 | 214,087 | $6,011,562 | |
| LNN | Lindsay Corp | +6,110 | 88,410 | $10,526,978 | |
| FISV | Fiserv Inc | +5,633 | 13,083 | $730,031 | |
| PLNT | Planet Fitness, Inc. | +5,250 | 17,650 | $1,312,807 | |
| D | Dominion Energy, Inc | +5,083 | 198,571 | $12,275,659 | |
| EQT | EQT Corp | +4,166 | 149,316 | $9,502,470 | |
| BDX | Becton Dickinson & Co | +2,675 | 5,400 | $849,042 | |
| NWFL | Norwood Financial Corp | +2,200 | 14,800 | $435,416 | |
| AMT | American Tower Corp /Ma/ | +2,041 | 63,259 | $10,917,238 | |
| AOS | Smith A O Corp | +1,400 | 11,100 | $731,934 | |
| EQNR | Equinor ASA | +1,350 | 130,159 | $5,492,709 | |
| APTV | Aptiv PLC | +1,100 | 9,250 | $642,320 | |
| EXP | Eagle Materials Inc | +966 | 29,296 | $5,550,127 | |
| STX | Seagate Technology Holdings plc | +775 | 2,013 | $788,612 | |
| OTTR | Otter Tail Corp | +500 | 25,450 | $2,233,746 | |
| SYY | Sysco Corp | +475 | 69,660 | $4,968,847 | |
| DGX | Quest Diagnostics Inc | +100 | 2,032 | $398,231 | |
| BKNG | Booking Holdings Inc. | +42 | 244 | $1,027,318 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| GLW | Corning Inc /Ny | −63,789 | 319,742 | $43,475,319 | |
| INTC | Intel Corp | −45,125 | 133,464 | $5,889,766 | |
| PYPL | PayPal Holdings, Inc. | −31,650 | 6,780 | $306,659 | |
| WDC | Western Digital Corp | −31,350 | 32,958 | $8,914,809 | |
| EMR | Emerson Electric Co | −26,722 | 250,719 | $32,849,203 | |
| ASTE | Astec Industries Inc | −23,567 | 152,109 | $8,189,548 | |
| GVA | Granite Construction Inc | −17,350 | 57,755 | $6,923,669 | |
| TMP | Tompkins Financial Corp | −14,551 | 68,792 | $5,423,561 | |
| OGE | Oge Energy Corp. | −13,664 | 485,435 | $23,281,462 | |
| FLS | Flowserve Corp | −13,475 | 124,825 | $9,175,885 | |
| MDU | Mdu Resources Group Inc | −12,780 | 376,640 | $7,803,980 | |
| MANH | Manhattan Associates Inc | −9,925 | 2,225 | $296,192 | |
| CSCO | Cisco Systems, Inc. | −9,236 | 320,574 | $24,873,336 | |
| ECG | Everus Construction Group, Inc. | −8,668 | 67,874 | $8,013,204 | |
| ADBE | Adobe Inc. | −8,595 | 3,250 | $790,010 | |
| EBMT | Eagle Bancorp Montana, Inc. | −7,525 | 48,910 | $1,006,567 | |
| COHR | Coherent Corp. | −7,200 | 20,650 | $4,919,036 | |
| BE | Bloom Energy Corp | −7,113 | 125,662 | $17,025,944 | |
| MRK | Merck & Co., Inc. | −7,050 | 94,272 | $11,339,978 | |
| AMGN | Amgen Inc | −6,675 | 2,125 | $747,681 | |
| GSK | GSK plc | −6,330 | 72,610 | $4,007,345 | |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd | −6,289 | 120,778 | $40,816,925 | |
| BMY | Bristol Myers Squibb Co | −5,375 | 144,565 | $8,767,867 | |
| NEE | Nextera Energy Inc | −4,500 | 150,053 | $13,936,922 | |
| AVGO | Broadcom Inc. | −4,240 | 58,205 | $18,015,029 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
10 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| MELI | Mercadolibre Inc | 1,665 | $2,878,818 | |
| MHK | Mohawk Industries Inc | 11,386 | $1,121,065 | |
| CHWY | Chewy, Inc. | 19,400 | $523,800 | |
| MOS | Mosaic Co | 15,750 | $401,625 | |
| BAX | Baxter International Inc | 17,793 | $298,922 | |
| CAT | Caterpillar Inc | 396 | $280,550 | |
| XRAY | DENTSPLY SIRONA Inc. | 23,200 | $269,120 | |
| PCYO | Pure Cycle Corp | 26,300 | $264,578 | |
| VZ | Verizon Communications Inc | 4,288 | $215,257 | |
| PCT | PureCycle Technologies, Inc. | 15,600 | $80,964 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
15 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SNDK | Sandisk Corp | 16,655 | $3,953,563 | |
| UTHR | UNITED THERAPEUTICS Corp | 6,955 | $3,388,823 | |
| TXN | Texas Instruments Inc | 3,491 | $605,653 | |
| LH | Labcorp Holdings Inc. | 2,210 | $554,444 | |
| IQV | Iqvia Holdings Inc. | 1,900 | $428,279 | |
| GM | General Motors Co | 5,050 | $410,666 | |
| PANW | Palo Alto Networks Inc | 2,082 | $383,504 | |
| GABC | German American Bancorp, Inc. | 8,190 | $320,884 | |
| ALB | Albemarle Corp | 2,100 | $297,024 | |
| FE | Firstenergy Corp | 5,400 | $241,758 | |
| META | Meta Platforms, Inc. | 336 | $221,790 | |
| ROP | Roper Technologies Inc | 490 | $218,113 | |
| NVS | Novartis AG | 1,530 | $210,941 | |
| JPM | Jpmorgan Chase & Co | 633 | $203,965 | |
| GT | Goodyear Tire & Rubber Co /Oh/ | 17,300 | $151,548 | |
| No positions match the current search. | ||||
156 tracked positions ·
$726,792,675 total
· filing declares
174 positions · $754,289,032
· 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 156 positions by value
· page 1 of 4
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| GLW |
Corning Inc /Ny
Technology
|
Reduced | 319,742 | $43,475,319 | 5.98% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Reduced | 120,778 | $40,816,925 | 5.62% | |
| EMR |
Emerson Electric Co
Industrials
|
Reduced | 250,719 | $32,849,203 | 4.52% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Reduced | 320,574 | $24,873,336 | 3.42% | |
| OGE |
Oge Energy Corp.
Utilities
|
Reduced | 485,435 | $23,281,462 | 3.20% | |
| TEL |
TE Connectivity plc
Technology
|
Reduced | 95,325 | $19,924,831 | 2.74% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 58,205 | $18,015,029 | 2.48% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Reduced | 104,772 | $17,775,617 | 2.45% | |
| BE |
Bloom Energy Corp
Industrials
|
Reduced | 125,662 | $17,025,944 | 2.34% | |
| WTRG |
Essential Utilities, Inc.
Utilities
|
Reduced | 403,549 | $16,250,918 | 2.24% | |
| NEE |
Nextera Energy Inc
Utilities
|
Reduced | 150,053 | $13,936,922 | 1.92% | |
| SLB |
Slb Limited/Nv
Energy
|
Reduced | 266,895 | $13,715,734 | 1.89% | |
| ES |
Eversource Energy
Utilities
|
Reduced | 193,788 | $13,425,632 | 1.85% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 63,233 | $13,169,536 | 1.81% | |
| D |
Dominion Energy, Inc
Utilities
|
Added | 198,571 | $12,275,659 | 1.69% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Reduced | 94,272 | $11,339,978 | 1.56% | |
| POR |
Portland General Electric Co /Or/
Utilities
|
Reduced | 214,357 | $11,311,618 | 1.56% | |
| AMT |
American Tower Corp /Ma/
Real Estate
|
Added | 63,259 | $10,917,238 | 1.50% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 37,911 | $10,889,969 | 1.50% | |
| GNRC |
Generac Holdings Inc.
Industrials
|
Reduced | 55,500 | $10,840,815 | 1.49% | |
| IBM |
International Business Machines Corp
Technology
|
Reduced | 44,520 | $10,791,202 | 1.48% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 29,035 | $10,747,885 | 1.48% | |
| LNN |
Lindsay Corp
Industrials
|
Added | 88,410 | $10,526,978 | 1.45% | |
| CACI |
Caci International Inc /De/
Technology
|
Reduced | 18,474 | $10,047,454 | 1.38% | |
| EQT |
EQT Corp
Energy
|
Added | 149,316 | $9,502,470 | 1.31% | |
| FLS |
Flowserve Corp
Industrials
|
Reduced | 124,825 | $9,175,885 | 1.26% | |
| WDC |
Western Digital Corp
Technology
|
Reduced | 32,958 | $8,914,809 | 1.23% | |
| BMY |
Bristol Myers Squibb Co
Healthcare
|
Reduced | 144,565 | $8,767,867 | 1.21% | |
| ASTE |
Astec Industries Inc
Industrials
|
Reduced | 152,109 | $8,189,548 | 1.13% | |
| ECG |
Everus Construction Group, Inc.
Industrials
|
Reduced | 67,874 | $8,013,204 | 1.10% | |
| DIS |
Walt Disney Co
Communication Services
|
Added | 83,042 | $8,003,587 | 1.10% | |
| MDU |
Mdu Resources Group Inc
Utilities
|
Reduced | 376,640 | $7,803,980 | 1.07% | |
| ITRI |
Itron, Inc.
Technology
|
Added | 80,656 | $7,229,197 | 0.99% | |
| GRC |
Gorman Rupp Co
Industrials
|
Reduced | 112,656 | $6,999,317 | 0.96% | |
| GVA |
Granite Construction Inc
Industrials
|
Reduced | 57,755 | $6,923,669 | 0.95% | |
| NJR |
New Jersey Resources Corp
Utilities
|
Reduced | 117,260 | $6,439,919 | 0.89% | |
| VMC |
Vulcan Materials CO
Basic Materials
|
Reduced | 22,850 | $6,222,055 | 0.86% | |
| JAZZ |
Jazz Pharmaceuticals plc
Healthcare
|
Reduced | 32,833 | $6,207,078 | 0.85% | |
| BCE |
Bce Inc
Communication Services
|
Added | 241,927 | $6,106,237 | 0.84% | |
| PFE |
Pfizer Inc
Healthcare
|
Added | 214,087 | $6,011,562 | 0.83% | |
| INTC |
Intel Corp
Technology
|
Reduced | 133,464 | $5,889,766 | 0.81% | |
| EXP |
Eagle Materials Inc
Basic Materials
|
Added | 29,296 | $5,550,127 | 0.76% | |
| EQNR |
Equinor ASA
Energy
|
Added | 130,159 | $5,492,709 | 0.76% | |
| TMP |
Tompkins Financial Corp
Financial Services
|
Reduced | 68,792 | $5,423,561 | 0.75% | |
| TMO |
Thermo Fisher Scientific Inc.
Healthcare
|
Reduced | 10,995 | $5,404,372 | 0.74% | |
| IDA |
Idacorp Inc
Utilities
|
Reduced | 36,029 | $5,151,066 | 0.71% | |
| STT |
State Street Corp
Financial Services
|
Reduced | 39,588 | $5,010,257 | 0.69% | |
| SYY |
Sysco Corp
Consumer Defensive
|
Added | 69,660 | $4,968,847 | 0.68% | |
| COHR |
Coherent Corp.
Technology
|
Reduced | 20,650 | $4,919,036 | 0.68% | |
| CIEN |
Ciena Corp
Technology
|
Reduced | 12,400 | $4,814,052 | 0.66% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.