1y return+51.5%S&P 500 +20.9%
3y return+85.8%S&P 500 +68.5%
5y return+77.9%S&P 500 +74.5%
10y return+179.1%S&P 500 +256.5%
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 June 30, 2016: $279 against $357 in the S&P 500.2
John G Ullman & Associates IncS&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 |
|---|---|---|---|
| GLWCorning Inc | $59.7M | 7.2% | −26.9% |
| TSMTaiwan Semiconductor M F Spons | $51.5M | 6.2% | −10.7% |
| CSCOCisco Systems Inc | $37.2M | 4.5% | −1.2% |
| EMREmerson Elec Co | $35.5M | 4.3% | |
| OGEOge Energy Corp | $22.3M | 2.7% | −5.5% |
| AVGOBroadcom Inc | $21.2M | 2.6% | −3.5% |
| Te Connectivity PLC FCUSIP G87052109 | $19.0M | 2.3% | −1.2% |
| AMZNAmazon.com Inc | $15.1M | 1.8% | |
| BEBloom Energy Corp Class A | $14.9M | 1.8% | −60.7% |
| WTRGEssential Utils Inc | $14.6M | 1.8% | −5.8% |
| XOMExxon Mobil Holdings Corp | $14.3M | 1.7% | New |
| DDominion Energy Inc | $13.5M | 1.6% | |
| ESEversource Energy | $13.3M | 1.6% | −5.2% |
| NEENextera Energy Inc | $13.0M | 1.6% | |
| IBMIbm Corp | $12.4M | 1.5% | |
| SLBSchlumberger Ltd F | $12.4M | 1.5% | |
| MRKMerck & Co. Inc. | $12.1M | 1.5% | |
| LNNLindsay Corp | $11.9M | 1.4% | +8.3% |
| GNRCGenerac Hldgs Inc | $11.6M | 1.4% | −28.7% |
| MSFTMicrosoft Corp | $10.8M | 1.3% | |
| PORPortland General Electric Co | $10.5M | 1.3% | −5.4% |
| INTCIntel Corp | $10.3M | 1.3% | −44.6% |
| ASTEAstec Industries Inc | $9.2M | 1.1% | −1.3% |
| FLSFlowserve Corp | $9.2M | 1.1% | |
| DISDisney Walt Co | $9.0M | 1.1% | +12.0% |
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 |
|---|---|---|---|
| WDCWestern Digital Corp | September 30, 2022 | +1862.3% | $8.0M |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $21.2M |
| GLWCorning Inc | June 30, 2020 | +886.1% | $59.7M |
| TSMTaiwan Semiconductor M F Spons | June 30, 2020 | +741.2% | $51.5M |
| GVAGranite Constr Inc | June 30, 2020 | +725.9% | $8.1M |
| GRCGorman Rupp Co Class Equity | December 31, 2020 | +182.7% | $7.8M |
| FLSFlowserve Corp | June 30, 2020 | +160.0% | $9.2M |
| GOOGLAlphabet Inc Class A | December 31, 2023 | +155.8% | $8.1M |
| ECGEverus Construction Group Ord | December 31, 2024 | +152.4% | $7.9M |
| CSCOCisco Systems Inc | June 30, 2020 | +151.8% | $37.2M |
Sold off last quarter
- Exxon Mobil CorpCUSIP 30231G102 was $17.8M
- AMTAmerican Tower Corp New Reit was $10.9M
- Honeywell Intl IncCUSIP 438516106 was $6.6M
- ZBHZimmer Biomet Hldgs Inc was $1.7M
- PLNTPlanet Fitness Inc was $1.3M
- ADBEAdobe Inc was $790K
- ILMNIllumina Inc was $755K
- Eaton Corp PLC FCUSIP G29183103 was $310K
- PYPLPaypal Hldgs Inc was $307K
- MANHManhattan Associates Ord was $296K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +19.0% | +14.8% |
| March 31, 2026 | +8.9% | −4.6% |
| December 31, 2025 | +5.2% | +2.4% |
| September 30, 2025 | +11.1% | +7.8% |
| June 30, 2025 | +9.4% | +10.5% |
| March 31, 2025 | −4.1% | −4.6% |
| December 31, 2024 | +1.1% | +2.1% |
| September 30, 2024 | +7.7% | +5.4% |
| June 30, 2024 | −0.7% | +4.0% |
| March 31, 2024 | +7.2% | +10.0% |
| December 31, 2023 | +6.0% | +11.2% |
| September 30, 2023 | −4.8% | −3.6% |
| June 30, 2023 | +1.5% | +8.3% |
| March 31, 2023 | +0.5% | +7.0% |
| December 31, 2022 | +13.9% | +7.1% |
| September 30, 2022 | −9.2% | −5.3% |
| June 30, 2022 | −10.6% | −16.5% |
| March 31, 2022 | −1.9% | −4.9% |
| December 31, 2021 | +6.7% | +10.7% |
| September 30, 2021 | −3.0% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: John G Ullman & Associates Inc Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=919530&type=13F-HR&dateb=&owner=include&count=40CIK 919530
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/919530/000091953026000003/Filed August 11, 2026 · accession 0000919530-26-000003