LSV ASSET MANAGEMENT
"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 +1.3% per quarter — versus +1.9% per quarter from simply owning every 13F stock. It beat that baseline in only 38.8% of quarters (excess t = -0.50, 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 889 · 2026 Q2
| Ticker | Value | Weight | QoQ |
|---|---|---|---|
| GOOGL | $1.1B | | ADD +20% |
| DELL | $1.0B | | TRIM −15% |
| CSCO | $835M | | TRIM −12% |
| C | $793M | | HOLD |
| STT | $690M | | HOLD |
| MRK | $681M | | ADD +4% |
| QCOM | $638M | | TRIM −9% |
| SNX | $596M | | ADD +4% |
| HPE | $586M | | ADD +10% |
| BMY | $568M | | ADD +11% |
| JAZZ | $548M | | TRIM −5% |
| VZ | $546M | | ADD +6% |
| GM | $541M | | ADD +3% |
| MU | $540M | | TRIM −23% |
| WFC | $509M | | HOLD |
| AMAT | $490M | | HOLD |
| T | $487M | | ADD +6% |
| CVS | $480M | | ADD +3% |
| MO | $469M | | ADD +9% |
| INCY | $467M | | ADD +5% |
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.