13F Insight
DOSSIER · 13F-HR · Q1 2026

Lepercq De Neuflize Asset Management LLC

$138M in tracked AUM across 26 positions as of Q1 2026.

LD
CIK 0001854423 · last filed Mar 31, 2026
Total AUM
$138M
as of Q1 2026
Holdings
26
—
positions
Whale Score
67
67
tracked
Activity
—
no data
changes this Q
AI Analysis · Q1 2026

Based on the SEC 13F filing data for Lepercq De Neuflize Asset Management LLC as of September 30, 2025, here is a comprehensive analysis of the portfolio's structure, activity, and strategic orientation.

1. Portfolio Overview

The filing reveals a firm undergoing a significant contraction in assets under management (AUM) and a radical simplification of its portfolio structure. The total portfolio value plummeted by 46.0%, decreasing from $151.59M to $81.86M in a single quarter. C...

The portfolio is currently characterized by extreme concentration. The top holding, the SPDR S&P 500 ETF (SPY), constitutes a dominant 93.79% of the total assets. This suggests a shift away from active stock selection toward a passive, market-tracking strategy for the vast majority of the fund. The remaining 6.21% is allocated across four small-cap positions, indicating that while the core of the portfolio is passive, a small portion of capital remains dedicated to specific, likely higher-risk, individual equity bets.

2. Key Holdings

The portfolio composition is heavily skewed, with a single ETF acting as the primary driver of performance:

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
SPY
STATE STR SPDR S&P 500 ETF T
$71M109K51.2%02
VOO
VANGUARD INDEX FDS
$46M76K33.0%03
EFA
ISHARES TR
$18M183K12.9%04
CTWO
COTWO ADVISORS PHYSICAL EURO
$904K57K0.7%05
SVCO
SILVACO GROUP INC
$678K96K0.5%06
QRVO
QORVO INC
$673K9K0.5%07
POWI
POWER INTEGRATIONS INC
$512K10K0.4%08
ENPH
ENPHASE ENERGY INC
$378K10K0.3%09
WETH
WETOUCH TECHNOLOGY INC
$211K164K0.2%10
CLAR
CLARUS CORP NEW
$146K54K0.1%

Filing history

2026Q1Mar 31
$138M▼ 21.1%
26 positionsView →2025Q4Dec 31
$175M▲ 113.7%
17 positionsView →2025Q3Sep 30
$82M▼ 46.0%
5 positionsView →2025Q2Jun 30
$152M▲ 133.8%
10 positionsLocked2025Q1Mar 31
$65M▼ 53.5%
7 positionsLocked2024Q4Dec 31
$139M—
14 positionsLocked