1y return+10.6%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since September 30, 2024: $111 against $130 in the S&P 500.2
Carnegie Lake Advisors LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| AAPLApple Inc | $13.8M | 5.2% | |
| BRK/BBerkshire Hathaway Inc Del | $12.0M | 4.5% | −1.1% |
| MSFTMicrosoft Corp | $11.6M | 4.3% | +5.2% |
| UNHUnitedhealth Group Inc | $10.2M | 3.8% | |
| SYKStryker Corporation | $8.6M | 3.2% | |
| AMGNAmgen Inc | $8.5M | 3.2% | |
| WCCWesco Intl Inc | $8.4M | 3.1% | |
| PHParker-hannifin Corp | $8.1M | 3.0% | |
| GOOGAlphabet Inc | $8.0M | 3.0% | −17.1% |
| JPMJpmorgan Chase & Co | $6.9M | 2.6% | |
| CSCOCisco Sys Inc | $6.4M | 2.4% | |
| COSTCostco Wholesale Corporation | $5.6M | 2.1% | |
| HDHome Depot Inc | $5.0M | 1.9% | |
| GOOGLAlphabet Inc | $4.5M | 1.7% | |
| CNXCnx Res Corp | $3.9M | 1.5% | −2.5% |
| COLDAmericold Realty Trust Inc | $3.9M | 1.5% | +5.7% |
| ISRGIntuitive Surgical Inc | $3.6M | 1.3% | |
| JNJJohnson & Johnson | $3.6M | 1.3% | |
| WSCWillscot Hldgs Corp | $3.6M | 1.3% | −1.4% |
| AMZNAmazon Com Inc | $3.4M | 1.3% | |
| WMTWalmart Inc | $3.4M | 1.3% | |
| Teva Pharmaceutical Inds LtdCUSIP 881624209 | $3.3M | 1.2% | −2.5% |
| BNBrookfield Corp | $3.1M | 1.2% | −3.2% |
| INTCIntel Corp | $3.1M | 1.2% | −13.9% |
| CVXChevron Corporation | $2.9M | 1.1% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| CSCOCisco Sys Inc | September 30, 2024 | +120.7% | $6.4M |
| AVGOBroadcom Inc | September 30, 2024 | +119.0% | $2.8M |
| GOOGLAlphabet Inc | September 30, 2024 | +115.5% | $4.5M |
| GOOGAlphabet Inc | September 30, 2024 | +111.3% | $8.0M |
| BNYBank Of Ny Mellon Corp | September 30, 2024 | +101.2% | $1.9M |
| GEGe Aerospace | September 30, 2024 | +98.2% | $1.9M |
| WCCWesco Intl Inc | December 31, 2024 | +90.9% | $8.4M |
| Teva Pharmaceutical Inds LtdCUSIP 881624209 | September 30, 2024 | +88.0% | $3.3M |
| WMBWilliams Cos Inc | September 30, 2024 | +62.8% | $2.0M |
| JNJJohnson & Johnson | September 30, 2024 | +56.7% | $3.6M |
Sold off last quarter
- El Paso Energy Cap Tr ICUSIP 283678209 was $2.0M
- ARMKAramark was $1.2M
- Sealed Air Corp NewCUSIP 81211K100 was $975K
- Exxon Mobil CorpCUSIP 30231G102 was $922K
- CCChemours Co was $355K
- OXYOccidental Pete Corp was $229K
- COPConocophillips was $228K
- FISVFiserv Inc was $226K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +7.6% | +14.8% |
| March 31, 2026 | −3.4% | −4.6% |
| December 31, 2025 | +2.2% | +2.4% |
| September 30, 2025 | +4.1% | +7.8% |
| June 30, 2025 | +2.4% | +10.5% |
| March 31, 2025 | −1.6% | −4.6% |
| December 31, 2024 | −0.3% | +2.1% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Carnegie Lake Advisors LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2043591&type=13F-HR&dateb=&owner=include&count=40CIK 2043591
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/2043591/000204359126000003/Filed July 24, 2026 · accession 0002043591-26-000003