Aristotle Capital Management, LLC
"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.
13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.
We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 49 quarters, returned +2.2% per quarter — versus +2.1% per quarter from simply owning every 13F stock. It beat that baseline in only 57.1% of quarters (excess t = 0.01, not statistically significant). Its filings tell you what it bought — not what you should buy.
Quarterly compounding, invested quarters only · entry after the actual SEC deadline plus a 2-day buffer
Top 20 holdings of 212 · 2026 Q2
| Ticker | Value | Weight | QoQ |
|---|---|---|---|
| WSM | $2.6B | | HOLD |
| PH | $2.0B | | TRIM −6% |
| GOOG | $1.7B | | TRIM −6% |
| CTVA | $1.5B | | TRIM −6% |
| COF | $1.3B | | TRIM −5% |
| MSFT | $1.2B | | TRIM −6% |
| USB | $1.1B | | TRIM −6% |
| MLM | $1.1B | | TRIM −6% |
| AMGN | $1.1B | | TRIM −5% |
| QCOM | $1.0B | | TRIM −8% |
| TDY | $1.0B | | TRIM −5% |
| MCHP | $985M | | TRIM −7% |
| ECL | $980M | | TRIM −5% |
| MUFG | $958M | | TRIM −6% |
| AMP | $956M | | TRIM −6% |
| PNC | $949M | | TRIM −6% |
| KO | $934M | | TRIM −6% |
| MSI | $871M | | TRIM −8% |
| MRK | $845M | | TRIM −5% |
| XEL | $840M | | TRIM −6% |
QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.
New positions in 2026 Q2
Method & Limitations
Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry is the first trading session after the actual SEC filing deadline plus a 2-day buffer. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.