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Portfolio (Quarterly) Guide ↗

Cannell & Spears LLC

· CIK 0001426319
13F Portfolio $5.1B AUM 420 positions Filed May 15, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 38 New 83 Added 175 Reduced 29 Exited
Page 2 of 21  ·  420 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 WTM WHITE MTNS INS GROUP LTD Financial Services 28,027.0 $61.6M 1.21% $2196.93 -2.4%
22 JPM JPMORGAN CHASE & CO Financial Services 209,220.0 $61.5M 1.21% -9K -4.0% $294.16 +3.0%
23 B BARRICK MNG CORP Basic Materials 1,427,662.0 $58.2M 1.14% +31K +2.2% $40.79 +1.1%
24 ABT ABBOTT LABORATORIES Healthcare 550,416.0 $56.5M 1.11% -14K -2.4% $102.67 -14.5%
25 ORCL ORACLE CORP Technology 373,350.0 $54.9M 1.08% -75K -16.7% $147.11 +29.0%
26 ABBV ABBVIE INC Healthcare 248,683.0 $54.1M 1.06% -21K -7.8% $217.49 -1.3%
27 REGN REGENERON PHARMACEUTICALS Healthcare 68,914.0 $53.2M 1.04% -20K -22.9% $772.64 -15.9%
28 DHR DANAHER CORP DEL Healthcare 272,505.0 $51.7M 1.01% +16K +6.4% $189.60 -8.6%
29 TJX TJX COS INC NEW Consumer Cyclical 319,594.0 $51.0M 1.00% -3K -1.0% $159.70 -0.3%
30 COST COSTCO WHOLESALE CORPORATION Consumer Defensive 51,195.0 $51.0M 1.00% -306.0 -0.6% $996.44 +5.4%
31 MLM MARTIN MARIETTA MATLS INC Basic Materials 81,257.0 $47.8M 0.94% +29K +54.2% $588.68 -8.6%
32 AVGO BROADCOM INC Technology 143,183.0 $44.3M 0.87% -62K -30.3% $309.51 +33.9%
33 FNV FRANCO NEV CORP Basic Materials 177,941.0 $44.0M 0.86% +1K +0.6% $247.05 -8.6%
34 TMO THERMO FISHER SCIENTIFIC INC Healthcare 88,474.0 $43.5M 0.85% -656.0 -0.7% $491.53 -8.1%
35 CVX CHEVRON CORPORATION Energy 209,965.0 $43.4M 0.85% -4K -1.9% $206.90 -7.7%
36 ICE INTERCONTINENTAL EXCHANGE IN Financial Services 274,314.0 $43.1M 0.85% -17K -5.8% $157.28 -3.7%
37 JNJ JOHNSON & JOHNSON Healthcare 171,407.0 $41.9M 0.82% -10K -5.7% $244.44 -5.2%
38 LH LABCORP HOLDINGS INC Healthcare 151,537.0 $40.4M 0.79% -7K -4.4% $266.81 -4.1%
39 SHAK SHAKE SHACK INC Consumer Cyclical 452,694.0 $40.0M 0.79% +97K +27.4% $88.47 -28.3%
40 RIVIAN AUTOMOTIVE INC 38,978,000.0 $37.3M 0.73% +12.9M +49.3% $0.96
Page 2 of 21  ·  420 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 19.4%
Financial Services 15.8%
Industrials 13.2%
Healthcare 12.7%
Consumer Cyclical 11.2%
Communication Services 9.9%
Basic Materials 9.1%
Consumer Defensive 4.6%
Energy 2.7%
Real Estate 0.9%