MARTINGALE ASSET MANAGEMENT L P
Filing Date
Global Rank
#783
/ 8,586
▲ 23
Top Industry
Drug Manufacturers - General
6.4%
3Y Alpha vs SPY
-6.9%
Period ended 3 months ago
Filed May 13, 2026 · 34d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+49.4%
SPY
+78.1%
Annualised alpha
-6.9%
Max drawdown
−12.8%
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
787 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
1.4%
−0.1 pts
Top 5
6.0%
−0.7 pts
Top 10
11.1%
−1.1 pts
HHI
50
Diversified−5
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 17.1% | $679,795,431 |
| Healthcare | 13.9% | $553,961,657 |
| Technology | 13.9% | $553,676,390 |
| Industrials | 13.1% | $519,215,310 |
| Consumer Defensive | 10.6% | $421,599,614 |
| Consumer Cyclical | 7.7% | $304,999,956 |
| Utilities | 7.1% | $283,400,002 |
| Energy | 6.6% | $262,518,260 |
| Communication Services | 5.5% | $217,147,823 |
| Basic Materials | 2.6% | $104,652,457 |
| Real Estate | 1.9% | $75,578,725 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| AMBP | Ardagh Metal Packaging S.A. | +370,657 | 558,688 | $2,262,686 | |
| SHO | Sunstone Hotel Investors, Inc. | +263,808 | 451,919 | $4,071,790 | |
| M | Macy's, Inc. | +258,677 | 318,432 | $5,760,434 | |
| DBX | Dropbox, Inc. | +191,760 | 256,865 | $5,835,972 | |
| GM | General Motors Co | +136,146 | 191,087 | $14,235,981 | |
| HST | Host Hotels & Resorts, Inc. | +127,923 | 370,014 | $7,089,468 | |
| APLE | Apple Hospitality REIT, Inc. | +119,053 | 232,693 | $2,678,296 | |
| PANL | Pangaea Logistics Solutions Ltd. | +117,754 | 139,499 | $987,652 | |
| GCMG | GCM Grosvenor Inc. | +113,583 | 205,797 | $2,016,810 | |
| TG | Tredegar Corp | +79,696 | 147,510 | $1,172,704 | |
| CSTM | Constellium SE | +79,225 | 160,598 | $3,947,498 | |
| CRUS | Cirrus Logic, Inc. | +74,692 | 113,072 | $16,352,472 | |
| PSX | Phillips 66 | +74,298 | 79,721 | $14,523,571 | |
| HLIT | Harmonic Inc. | +72,563 | 334,686 | $3,005,480 | |
| FE | Firstenergy Corp | +69,329 | 139,368 | $7,060,382 | |
| JBHT | Hunt J B Transport Services Inc | +62,997 | 95,339 | $20,202,334 | |
| NVGS | Navigator Holdings Ltd. | +60,843 | 115,055 | $2,224,013 | |
| DRH | DiamondRock Hospitality Co | +58,270 | 494,443 | $4,632,930 | |
| LPG | Dorian Lpg Ltd. | +57,715 | 88,947 | $3,041,987 | |
| DHT | DHT Holdings, Inc. | +55,883 | 267,848 | $4,893,582 | |
| CCK | Crown Holdings, Inc. | +54,992 | 104,035 | $10,429,508 | |
| FDX | Fedex Corp | +53,913 | 72,463 | $25,809,871 | |
| TALO | Talos Energy Inc. | +53,714 | 220,730 | $3,478,704 | |
| AEE | Ameren Corp | +51,562 | 201,901 | $22,192,957 | |
| AMRX | Amneal Pharmaceuticals, Inc. | +50,465 | 260,311 | $3,235,665 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ACI | Albertsons Companies, Inc. | −748,527 | 25,845 | $440,398 | |
| DNOW | DNOW Inc. | −204,411 | 81,598 | $971,832 | |
| CMCSA | Comcast Corp | −190,287 | 227,027 | $6,517,945 | |
| PPL | PPL Corp | −167,052 | 8,202 | $313,316 | |
| T | At&T Inc. | −162,061 | 1,301,656 | $37,735,007 | |
| FRSH | Freshworks Inc. | −132,381 | 42,946 | $344,856 | |
| NFLX | Netflix Inc | −105,237 | 26,600 | $2,557,590 | |
| SHBI | Shore Bancshares Inc | −92,703 | 27,400 | $511,832 | |
| COP | Conocophillips | −86,295 | 53,357 | $7,043,124 | |
| SCHW | Schwab Charles Corp | −79,639 | 191,542 | $18,001,117 | |
| NEM | NEWMONT Corp /DE/ | −68,844 | 254,904 | $27,593,358 | |
| AU | AngloGold Ashanti PLC | −67,893 | 256,590 | $24,981,602 | |
| NOW | ServiceNow, Inc. | −67,680 | 24,500 | $2,561,475 | |
| GLDD | Great Lakes Dredge & Dock CORP | −61,300 | 11,502 | $195,534 | |
| ALRS | Alerus Financial Corp | −57,550 | 23,200 | $550,072 | |
| YEXT | Yext, Inc. | −53,416 | 55,985 | $214,982 | |
| APAM | Artisan Partners Asset Management Inc. | −53,118 | 41,239 | $1,500,687 | |
| TK | Teekay Corp Ltd | −52,900 | 100,772 | $1,230,426 | |
| DOX | Amdocs Ltd | −52,885 | 16,387 | $1,069,415 | |
| BNY | Bank of New York Mellon Corp | −50,966 | 120,338 | $14,275,696 | |
| CRM | Salesforce, Inc. | −47,576 | 85,775 | $16,011,619 | |
| CSCO | Cisco Systems, Inc. | −46,080 | 502,379 | $38,979,586 | |
| ACN | Accenture plc | −42,588 | 2,169 | $430,091 | |
| RMR | Rmr Group Inc. | −42,496 | 31,321 | $484,535 | |
| NRG | Nrg Energy, Inc. | −42,421 | 54,563 | $7,973,836 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| JAZZ | Jazz Pharmaceuticals plc | 46,721 | $8,832,605 | |
| BIIB | Biogen Inc. | 36,735 | $6,734,627 | |
| SNX | Td Synnex Corp | 35,352 | $5,964,235 | |
| ADM | Archer-Daniels-Midland Co | 74,123 | $5,388,000 | |
| STT | State Street Corp | 36,464 | $4,614,883 | |
| UTHR | UNITED THERAPEUTICS Corp | 7,491 | $4,442,013 | |
| INDV | Indivior Pharmaceuticals, Inc. | 139,110 | $4,240,072 | |
| NTRS | Northern Trust Corp | 29,822 | $4,162,256 | |
| ALSN | Allison Transmission Holdings Inc | 30,726 | $3,596,785 | |
| UE | Urban Edge Properties | 111,157 | $2,220,916 | |
| HAFC | Hanmi Financial Corp | 83,614 | $2,204,065 | |
| SM | SM Energy Co | 69,826 | $2,177,174 | |
| BANR | Banner Corp | 35,557 | $2,157,598 | |
| ORKA | Oruka Therapeutics, Inc. | 42,732 | $2,096,004 | |
| DK | Delek US Holdings, Inc. | 43,904 | $1,978,753 | |
| FOR | Forestar Group Inc. | 74,595 | $1,823,101 | |
| EPAC | Enerpac Tool Group Corp | 48,076 | $1,753,331 | |
| CUBI | Customers Bancorp, Inc. | 24,730 | $1,716,509 | |
| ANAB | Anaptysbio, Inc | 28,142 | $1,560,755 | |
| ARCB | Arcbest Corp /De/ | 15,826 | $1,556,645 | |
| IDYA | IDEAYA Biosciences, Inc. | 46,142 | $1,537,451 | |
| COCO | Vita Coco Company, Inc. | 31,708 | $1,519,130 | |
| KN | Knowles Corp | 56,012 | $1,438,388 | |
| OUT | OUTFRONT Media Inc. | 53,893 | $1,428,164 | |
| AMAT | Applied Materials Inc /De | 4,117 | $1,407,149 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| EOG | Eog Resources Inc | 145,483 | $15,277,169 | |
| JHG | Janus Henderson Group PLC | 147,620 | $7,022,283 | |
| NWE | NorthWestern Energy Group, Inc. | 49,604 | $3,201,441 | |
| ELME | Elme Communities | 108,405 | $1,886,247 | |
| FULT | Fulton Financial Corp | 87,474 | $1,690,872 | |
| USFD | US Foods Holding Corp. | 22,391 | $1,686,490 | |
| WAY | Waystar Holding Corp. | 45,922 | $1,503,945 | |
| BSX | Boston Scientific Corp | 14,574 | $1,389,630 | |
| TGNA | TEGNA INC | 62,735 | $1,217,686 | |
| CARE | Carter Bankshares, Inc. | 60,484 | $1,189,115 | |
| BAC | Bank Of America Corp /De/ | 19,744 | $1,085,920 | |
| AAMI | Acadian Asset Management Inc. | 22,524 | $1,058,628 | |
| CBAN | Colony Bankcorp Inc | 53,629 | $955,668 | |
| NCLH | Norwegian Cruise Line Holdings Ltd. | 42,106 | $939,805 | |
| ALLE | Allegion plc | 5,312 | $845,776 | |
| PIPR | Piper Sandler Companies | 9,758 | $828,721 | |
| FRST | Primis Financial Corp. | 52,751 | $733,766 | |
| AMSF | Amerisafe Inc | 19,015 | $730,366 | |
| ACLX | Arcellx, Inc. | 10,618 | $692,293 | |
| WINA | Winmark Corp | 1,700 | $688,398 | |
| TPH | Tri Pointe Homes, Inc. | 21,744 | $684,283 | |
| HTBK | HERITAGE COMMERCE CORP | 53,136 | $638,163 | |
| EIG | Employers Holdings, Inc. | 14,510 | $626,396 | |
| LOPE | Grand Canyon Education, Inc. | 3,751 | $623,828 | |
| TRST | Trustco Bank Corp N Y | 14,330 | $592,258 | |
| No positions match the current search. | ||||
46 positions ·
$421,599,614 total
· Consumer Defensive only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| WMT |
Walmart Inc.
Consumer Defensive
|
Reduced | 313,795 | $38,998,442 | 9.25% | |
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
Reduced | 36,143 | $36,013,969 | 8.54% | |
| MO |
Altria Group, Inc.
Consumer Defensive
|
Reduced | 483,990 | $31,938,500 | 7.58% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Reduced | 219,699 | $31,733,323 | 7.53% | |
| KR |
Kroger Co
Consumer Defensive
|
Reduced | 397,381 | $28,754,489 | 6.82% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Reduced | 178,655 | $27,743,334 | 6.58% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Reduced | 166,061 | $27,456,525 | 6.51% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Added | 294,085 | $22,365,164 | 5.30% | |
| TSN |
Tyson Foods, Inc.
Consumer Defensive
|
Added | 290,478 | $18,610,925 | 4.41% | |
| CL |
Colgate Palmolive Co
Consumer Defensive
|
Added | 212,681 | $18,126,801 | 4.30% | |
| INGR |
Ingredion Inc
Consumer Defensive
|
Reduced | 159,861 | $18,009,940 | 4.27% | |
| KMB |
Kimberly Clark Corp
Consumer Defensive
|
Reduced | 161,041 | $15,535,625 | 3.68% | |
| COKE |
Coca-Cola Consolidated, Inc.
Consumer Defensive
|
Reduced | 69,272 | $13,282,213 | 3.15% | |
| SFD |
Smithfield Foods Inc
Consumer Defensive
|
Added | 382,086 | $10,686,945 | 2.53% | |
| PPC |
Pilgrims Pride Corp
Consumer Defensive
|
Added | 271,379 | $10,247,271 | 2.43% | |
| TGT |
Target Corp
Consumer Defensive
|
Added | 66,374 | $8,044,528 | 1.91% | |
| MNST |
Monster Beverage Corp
Consumer Defensive
|
Added | 100,829 | $7,306,069 | 1.73% | |
| ADM |
Archer-Daniels-Midland Co
Consumer Defensive
|
NEW | 74,123 | $5,388,000 | 1.28% | |
| PRDO |
PERDOCEO EDUCATION Corp
Consumer Defensive
|
Reduced | 97,401 | $3,624,291 | 0.86% | |
| ANDE |
Andersons, Inc.
Consumer Defensive
|
Reduced | 49,652 | $3,564,020 | 0.85% | |
| PSMT |
Pricesmart Inc
Consumer Defensive
|
Reduced | 21,816 | $3,283,308 | 0.78% | |
| LAUR |
Laureate Education, Inc.
Consumer Defensive
|
Reduced | 93,635 | $3,262,243 | 0.77% | |
| UNFI |
United Natural Foods Inc
Consumer Defensive
|
Added | 70,875 | $3,193,627 | 0.76% | |
| GHC |
Graham Holdings Co
Consumer Defensive
|
Added | 2,851 | $3,014,248 | 0.71% | |
| SYY |
Sysco Corp
Consumer Defensive
|
Reduced | 40,850 | $2,913,830 | 0.69% | |
| MZTI |
Marzetti Co
Consumer Defensive
|
Added | 20,364 | $2,816,952 | 0.67% | |
| CALM |
Cal-Maine Foods Inc
Consumer Defensive
|
Added | 29,326 | $2,321,152 | 0.55% | |
| IMKTA |
Ingles Markets Inc
Consumer Defensive
|
Added | 23,616 | $2,122,842 | 0.50% | |
| FDP |
Fresh Del Monte Produce Inc
Consumer Defensive
|
Added | 52,553 | $2,115,783 | 0.50% | |
| UVV |
Universal Corp /Va/
Consumer Defensive
|
Added | 39,209 | $2,066,314 | 0.49% | |
| DOLE |
Dole plc
Consumer Defensive
|
Added | 124,001 | $1,771,974 | 0.42% | |
| JJSF |
J&J Snack Foods Corp
Consumer Defensive
|
Added | 22,114 | $1,752,976 | 0.42% | |
| WMK |
Weis Markets Inc
Consumer Defensive
|
Added | 24,916 | $1,704,005 | 0.40% | |
| COCO |
Vita Coco Company, Inc.
Consumer Defensive
|
NEW | 31,708 | $1,519,130 | 0.36% | |
| JBSS |
Sanfilippo John B & Son Inc
Consumer Defensive
|
Added | 17,165 | $1,361,699 | 0.32% | |
| FIZZ |
National Beverage Corp
Consumer Defensive
|
Added | 38,926 | $1,309,859 | 0.31% | |
| STRA |
Strategic Education, Inc.
Consumer Defensive
|
NEW | 14,107 | $1,170,316 | 0.28% | |
| AVO |
Mission Produce, Inc.
Consumer Defensive
|
Reduced | 70,353 | $968,057 | 0.23% | |
| TPB |
Turning Point Brands, Inc.
Consumer Defensive
|
Reduced | 10,520 | $913,030 | 0.22% | |
| SFM |
Sprouts Farmers Market, Inc.
Consumer Defensive
|
Reduced | 11,606 | $895,170 | 0.21% | |
| VLGEA |
Village Super Market Inc
Consumer Defensive
|
Added | 20,529 | $866,939 | 0.21% | |
| NUS |
Nu Skin Enterprises, Inc.
Consumer Defensive
|
Added | 111,984 | $815,243 | 0.19% | |
| TR |
Tootsie Roll Industries Inc
Consumer Defensive
|
Added | 15,835 | $676,471 | 0.16% | |
| CVGW |
Calavo Growers Inc
Consumer Defensive
|
Reduced | 18,139 | $467,804 | 0.11% | |
| ACI |
Albertsons Companies, Inc.
Consumer Defensive
|
Reduced | 25,845 | $440,398 | 0.10% | |
| NATR |
Natures Sunshine Products Inc
Consumer Defensive
|
Reduced | 17,752 | $425,870 | 0.10% |