DOSSIER · 13F-HR · Q2 2026

BONNESS ENTERPRISES INC

$310M in tracked AUM across 56 positions as of Q2 2026.

BE
CIK 0001105471 · last filed Jun 30, 2026
Total AUM
$310M
as of Q2 2026
Holdings
56
positions
Whale Score
65
65
tracked
Activity
no data
changes this Q
AI Analysis · Q2 2026

Comprehensive Analysis of SEC 13F Filing: BONNESS ENTERPRISES INC (CIK: 0001105471)
Portfolio Overview

The most striking feature of this filing is the dramatic expansion of the portfolio's size. As of the report date December 31, 2025, the total portfolio value surged by 675.0%, growing from approximately $37.39 million to $289.74 million. This indicates a significant capital inflow or a major restructuring event that consolidated assets under management.

The portfolio no...

Key Holdings

The portfolio is dominated by Progressive Corp (PGR), which stands as an outlier position with a market value of $116.70 million. This single position constitutes 40.28% of the entire portfolio. This is an exceptionally high concentration for a portfolio of this size, indicating an extremely strong conviction in the insurer's business model, valuation, or growth prospects.

Beyond PGR, the portfolio shifts toward a more traditional diversified equity structure. The second-largest holding, Stryker Corporation (SYK), represents 7.76% of the portfolio ($22.47M), followed closely by major technology giants Microsoft (MSFT) at 6.43% ($18.64M) and Apple (AAPL) at 4.60% ($13.34M). The presence of IBM ($8.76M, 3.02%) in the top five is notable, as it suggests a value or turnaround-oriented investment thesis within the technology allocation, contrasting with the growth-heavy nature of MSFT and AAPL.

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
PGR
PROGRESSIVE CORP
$112M511K36.0%
02
SYK
STRYKER CORPORATION
$19M61K6.2%
03
AMAT
APPLIED MATLS INC
$16M22K5.1%
04
AAPL
APPLE INC
$14M49K4.6%
05
MSFT
MICROSOFT CORP
$14M38K4.6%
06
GLW
CORNING INC
$13M53K4.3%
07
INTC
INTEL CORP
$11M82K3.7%
08
CSCO
CISCO SYS INC
$10M88K3.3%
09
JNJ
JOHNSON & JOHNSON
$10M39K3.2%
10
ABBV
ABBVIE INC
$9M37K3.0%

Filing history

2026Q2Jun 30
$310M 13.5%
56 positionsView →
2026Q1Mar 31
$273M 5.7%
58 positionsView →
2025Q4Dec 31
$290M 5.0%
58 positionsView →
2025Q3Sep 30
$305M 0.2%
58 positionsView →
2025Q2Jun 30
$305M 0.4%
58 positionsLocked
2025Q1Mar 31
$307M 7.5%
57 positionsLocked
2024Q4Dec 31
$285M 5.3%
58 positionsLocked
2024Q3Sep 30
$301M 10.1%
57 positionsLocked
2024Q2Jun 30
$273M 1.4%
57 positionsLocked
2024Q1Mar 31
$277M 16.0%
58 positionsLocked
2023Q4Dec 31
$239M 9.5%
58 positionsLocked
2023Q3Sep 30
$218M 1.8%
63 positionsLocked
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