Institutional
KELLY LAWRENCE W & ASSOCIATES INC/CA
CIK 0000920441
$359.7M
Reported AUM
124
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · KELLY LAWRENCE W & ASSOCIATES INC/CA · Q1 2026
AI · grounded in 13F
KELLY LAWRENCE W & ASSOCIATES INC/CA exited its position in DHR for a reduction of $12.06M. The fund also closed positions in Icon PLC SHS and FISV, totaling losses of $10.95M and $9.29M respectively. To offset these exits, the fund established new positions in NOW for $10.47M and PANW for $10.45M. Additional new capital was deployed into Credo Technology Group Ord Shs with a $8.43M investment.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Ticker | Issuer | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc Cap Stk Cl A | $32.4M | 9.00% | -8,436 | -7.0% |
| 2 | AAPL | Apple, Inc. | $28.0M | 7.78% | -8,194 | -6.9% |
| 3 | AMD | Advanced Micro Devices | $24.8M | 6.90% | -16,303 | -11.8% |
| 4 | COST | Costco Wholesale | $24.2M | 6.74% | -135 | -0.6% |
| 5 | ICE | Intercontinental Exchange Grou | $13.9M | 3.86% | -4,350 | -4.7% |
| 6 | COF | Capital One Finl Corp | $13.0M | 3.61% | -6,517 | -8.4% |
| 7 | V | Visa Inc Cl A | $12.6M | 3.51% | -2,124 | -4.8% |
| 8 | GNRC | Generac Hldgs Inc. | $12.1M | 3.35% | -36,006 | -36.8% |
| 9 | JNJ | Johnson & Johnson | $11.7M | 3.25% | -3,271 | -6.4% |
| 10 | AMZN | Amazon Com Inc Com | $10.9M | 3.04% | -3,830 | -6.8% |
| 11 | NOW | ServiceNow Inc | $10.5M | 2.91% | +100,125 | NEW |
| 12 | PANW | Palo Alto Networks Inc. Com | $10.4M | 2.91% | +65,180 | NEW |
| 13 | GOOG | Alphabet Inc Cap Stk Cl C | $10.3M | 2.86% | -1,140 | -3.1% |
| 14 | UNH | Unitedhealth Group Inc. | $9.9M | 2.75% | -1,990 | -5.2% |
| 15 | ROP | Roper Technologies Inc | $9.6M | 2.66% | -1,025 | -3.7% |
| 16 | AMAT | Applied Materials Inc. | $9.4M | 2.61% | -1,683 | -5.8% |
| 17 | BR | Broadridge Financial Solutions | $9.4M | 2.60% | -3,477 | -5.7% |
| 18 | PEP | Pepsico Inc | $9.1M | 2.53% | -3,648 | -5.9% |
| 19 | CRDO | Credo Technology Group Ord Shs | $8.4M | 2.34% | +89,850 | NEW |
| 20 | KNSL | Kinsale Cap Group Inc. | $7.7M | 2.13% | -1,220 | -5.2% |
| 21 | HIMS | HIMS & HERS Health Inc Com CL | $6.9M | 1.93% | -18,450 | -5.2% |
| 22 | RGEN | Repligen Corp | $6.4M | 1.78% | +13,370 | +32.5% |
| 23 | WWD | Woodward Inc | $5.9M | 1.65% | -785 | -4.5% |
| 24 | AFL | AFLAC Inc. | $5.0M | 1.40% | -1,419 | -3.0% |
| 25 | HD | Home Depot Inc | $4.2M | 1.17% | -227 | -1.7% |
| 26 | CVX | Chevron Corp | $4.0M | 1.10% | -500 | -2.6% |
| 27 | CSCO | Cisco Systems | $2.9M | 0.81% | -7,567 | -16.8% |
| 28 | PG | Procter & Gamble Co. | $2.9M | 0.79% | -2,800 | -12.4% |
| 29 | JPM | JPMorgan Chase & Co | $2.4M | 0.66% | — | HELD |
| 30 | MSFT | Microsoft Corp | $2.4M | 0.66% | -45 | -0.7% |
| 31 | CRM | Salesforce.com Inc | $2.2M | 0.62% | -238 | -2.0% |
| 32 | ABBV | AbbVie Inc. | $1.7M | 0.48% | -1,016 | -11.3% |
| 33 | BWEL | JG Boswell Co | $1.7M | 0.47% | — | HELD |
| 34 | HXL | Hexcel Corp | $1.7M | 0.47% | -665 | -3.1% |
| 35 | RITM V0 PERP B | Rithm Capital Corp 7.125 Pfd S | $1.5M | 0.42% | -4,166 | -6.4% |
| 36 | SCHW | Charles Schwab Corp (New) | $1.4M | 0.39% | -40 | -0.3% |
| 37 | ALB 7.25 03/01/27 | Albemarle Corp 7.25 Pfd Ser A | $1.3M | 0.36% | -7,400 | -29.2% |
| 38 | XOM | Exxon Mobil Corp | $1.2M | 0.34% | — | HELD |
| 39 | NEE | NextEra Energy Inc | $1.2M | 0.34% | +6,425 | +93.7% |
| 40 | VRSN | Verisign Inc. Com. | $1.2M | 0.34% | -33 | -0.7% |
| 41 | WFC 7.5 PERP L | Wells Fargo & Co New Perp Pfd | $978K | 0.27% | -42 | -4.7% |
| 42 | WMT | WalMart Inc | $932K | 0.26% | — | HELD |
| 43 | ALB | Albemarle Corp. | $859K | 0.24% | — | HELD |
| 44 | EW | Edwards Lifesciences Inc. | $843K | 0.23% | — | HELD |
| 45 | GILD | Gilead Sciences Inc. | $842K | 0.23% | -250 | -4.0% |
| 46 | BXP | BXP Inc | $797K | 0.22% | +15,200 | +10133.3% |
| 47 | T 5 PERP A | AT&T Inc 5 Dep Rep Pfd Ser A | $742K | 0.21% | -21,500 | -36.3% |
| 48 | IBM | Int'l Bus Mach | $727K | 0.20% | -8 | -0.3% |
| 49 | AGNC V0 PERP E | AGNC Invt Corp 6.5 Pfd Ser E | $699K | 0.19% | -2,834 | -9.2% |
| 50 | CAT | Caterpillar Inc | $694K | 0.19% | — | HELD |
| 51 | NSRGY | Nestle SA Spons ADR (For Reg) | $639K | 0.18% | — | HELD |
| 52 | KIM | Kimco Realty Corp Com | $620K | 0.17% | -750 | -2.6% |
| 53 | ABT | Abbott Labs | $607K | 0.17% | — | HELD |
| 54 | DE | Deere & Co. | $606K | 0.17% | — | HELD |
| 55 | COF 5 PERP I | Capital One Finl Corp DP Shs P | $603K | 0.17% | -21,000 | -39.4% |
| 56 | COP | ConocoPhillips Com | $598K | 0.17% | — | HELD |
| 57 | — | Berkshire Hathaway Cl B | $590K | 0.16% | -158 | -11.4% |
| 58 | BAC | Bank of America Corp | $577K | 0.16% | — | HELD |
| 59 | RITM V7 PERP D | Rithm Capital Corp 7.0 RT REST | $560K | 0.16% | -16,500 | -41.8% |
| 60 | KO | Coca Cola Co | $527K | 0.15% | — | HELD |
| 61 | AMGN | Amgen, Inc. Com | $492K | 0.14% | — | HELD |
| 62 | SHEL | Shell PLC Spons ADS | $409K | 0.11% | — | HELD |
| 63 | T | AT&T Inc | $375K | 0.10% | -5,181 | -28.6% |
| 64 | LITE | Lumentum Holdings Inc. Com | $365K | 0.10% | -390 | -42.9% |
| 65 | INTC | Intel Corp | $357K | 0.10% | — | HELD |
| 66 | F 6.2 06/01/59 | Ford Mtr 6.20 Pfd Due 06/01/20 | $355K | 0.10% | -1,500 | -7.8% |
| 67 | GE | GE Aerospace | $354K | 0.10% | -145 | -10.4% |
| 68 | WMT2 | Wells Fargo Co New Com | $350K | 0.10% | — | HELD |
| 69 | BA 6 10/15/27 | Boeing Co Conv Pfd A | $312K | 0.09% | — | HELD |
| 70 | HON | Honeywell Intl Inc | $310K | 0.09% | — | HELD |
| 71 | ATLC 9.25 01/31/29 * | Atlanticus Holdings Co Pfd NT | $297K | 0.08% | +3,000 | +34.2% |
| 72 | GEV | GE Vernova Inc | $294K | 0.08% | -21 | -5.9% |
| 73 | VRTX | Vertex Pharmaceuticals Com | $261K | 0.07% | — | HELD |
| 74 | PFE | Pfizer Inc | $256K | 0.07% | — | HELD |
| 75 | MCD | McDonalds Corp | $248K | 0.07% | — | HELD |
| 76 | TMO | Thermo Fisher Scientific | $246K | 0.07% | — | HELD |
| 77 | MMM | 3M Co. | $239K | 0.07% | — | HELD |
| 78 | NSC | Norfolk Southern Corp | $230K | 0.06% | — | HELD |
| 79 | LLY | Lilly Eli & Co Com | $209K | 0.06% | — | HELD |
| 80 | MCK | McKesson Corp | $208K | 0.06% | — | HELD |
| 81 | REGN | Regeneron Pharmaceutical Com | $203K | 0.06% | — | HELD |
| 82 | MITT 8 PERP B | AG Mortgage Inv Tr 8 Pfd Ser B | $201K | 0.06% | — | HELD |
| 83 | AIR | AAR Corp Com | $194K | 0.05% | — | HELD |
| 84 | VZ | Verizon Communications | $191K | 0.05% | — | HELD |
| 85 | AMT | American Tower Corp NE Com | $176K | 0.05% | — | HELD |
| 86 | TSLA | Tesla Inc Com | $167K | 0.05% | — | HELD |
| 87 | STT | State Street Corp | $133K | 0.04% | — | HELD |
| 88 | ZTS | Zoetis Inc Cl A | $127K | 0.04% | — | HELD |
| 89 | RTX | Raytheon Tech | $125K | 0.03% | — | HELD |
| 90 | AVY | Avery Dennison Corp. | $121K | 0.03% | -1,800 | -72.0% |
| 91 | PMT V8.125 PERP A | Pennymac Mtg Invt Tr Pfd Ser A | $91K | 0.03% | — | HELD |
| 92 | MAT | Mattel Inc Com | $84K | 0.02% | — | HELD |
| 93 | NLY V0 PERP F | Annaly Capital Mgmt 6.95 Pfd S | $83K | 0.02% | — | HELD |
| 94 | BYDDF | BYD Co Ltd Shs H | $82K | 0.02% | — | HELD |
| 95 | CSX | CSX Corp | $80K | 0.02% | — | HELD |
| 96 | NFLX | Netflix Inc Com | $75K | 0.02% | +775 | NEW |
| 97 | FNV | Franco Nevada Corp | $74K | 0.02% | — | HELD |
| 98 | TJX | TJX Cos Inc | $73K | 0.02% | — | HELD |
| 99 | ET | Energy Transfer L P Com UT Ltd | $69K | 0.02% | — | HELD |
| 100 | RITM V6.375 PERP C | Rithm Capital Corp 7.125 Pfd S | $61K | 0.02% | — | HELD |
| 101 | TTWO | Take-Two Interactive S Com | $59K | 0.02% | — | HELD |
| 102 | META | Meta Platforms, Inc Cl A | $57K | 0.02% | — | HELD |
| 103 | MDT | Medtronic PLC Shs | $52K | 0.01% | — | HELD |
| 104 | RGA | ReInsurance Group Amer | $51K | 0.01% | — | HELD |
| 105 | BLK | Blackrock Inc | $51K | 0.01% | — | HELD |
| 106 | TEL | TE Connectivity PLC Ord Shs | $50K | 0.01% | — | HELD |
| 107 | BK | Bank of New York Mellon | $47K | 0.01% | — | HELD |
| 108 | CWT | California Wtr Svc Group | $45K | 0.01% | — | HELD |
| 109 | RITM | Rithm Capital Corp | $43K | 0.01% | — | HELD |
| 110 | AGNC V0 PERP C | AGNC Invt Corp 7 Pfd Ser C | $38K | 0.01% | — | HELD |
| 111 | MITT 8.25 PERP A | AG Mortgage Inv Tr 8.25 Pfd Se | $36K | 0.01% | — | HELD |
| 112 | SPY | State St SPDR S&P 500 ETF | $34K | 0.01% | +52 | NEW |
| 113 | PM | Philip Morris Intl Inc Com | $31K | 0.01% | — | HELD |
| 114 | ADP | Automatic Data Processing Inc | $31K | 0.01% | — | HELD |
| 115 | UNP | Union Pac Corp | $30K | 0.01% | — | HELD |
| 116 | VFC | V F Corp | $25K | 0.01% | — | HELD |
| 117 | ACN | Accenture PLC Ireland Cl A Shs | $20K | 0.01% | — | HELD |
| 118 | ETSY | Etsy Inc Com | $17K | 0.00% | — | HELD |
| 119 | NVO | Novo-Nordisk A/S ADR | $17K | 0.00% | — | HELD |
| 120 | BUD | Anheuser Busch Inbev S Sponsor | $14K | 0.00% | — | HELD |
| 121 | PCRHY | Panasonic Hldgs Corp Unspons A | $8K | 0.00% | — | HELD |
| 122 | PINS | Pinterest Inc Cl A | $7K | 0.00% | — | HELD |
| 123 | NKE | Nike, Inc. Cl B | $7K | 0.00% | — | HELD |
| 124 | TSM | Taiwan Semiconductor ADR | $3K | 0.00% | — | HELD |
| 125 | DHR | Danaher Corp Del COM | — | — | -52,680 | EXITED |
| 126 | ICLR | Icon PLC SHS | — | — | -60,116 | EXITED |
| 127 | FISV | Fiserv Inc Com | — | — | -138,320 | EXITED |
| 128 | CSGP | CoStar Group Inc. | — | — | -106,284 | EXITED |
| 129 | VOOG | Vanguard SP500 Growth ETF | — | — | -665 | EXITED |
| 130 | AWR | Amer States Water Co | — | — | -2,780 | EXITED |
| 131 | SBUX | Starbucks Corp | — | — | -400 | EXITED |
| 132 | EXK | Exact Sciences Corp. | — | — | -200 | EXITED |
Source: SEC EDGAR · accession 0000920441-26-000002. 13F discloses long positions only — shorts, foreign equities, and options are excluded.