13F
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NIXON PEABODY TRUST CO

13F equity value
$1.3B
Positions
161
Top 10 concentration
43.5%
Quarters / total new picks
28 / 172
13F equity value over time
$0M$683M$1B2017201820192020202120222023202420252026

"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.

Not significant Verdict

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 28 quarters, returned +1.6% per quarter — versus +2.6% per quarter from simply owning every 13F stock. It beat that baseline in only 42.9% of quarters (excess t = 0.68, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+2.5%
t-stat
0.68
Quarterly win rate
43%
Annualized excess
-3.8%
$1 → follow vs universe
$1.44 vs $1.84
Cumulative return: $1 invested in new picks vs universe
1.00 20180331: universe 1.04120180630: universe 0.95920180930: universe 1.00320190331: universe 0.98520190630: universe 1.05920190930: universe 1.13920191231: universe 0.91920200331: universe 1.10820200630: universe 1.22420201231: universe 1.27920210630: universe 1.38220210930: universe 1.24020211231: universe 1.05620220331: universe 1.13320220930: universe 1.21720221231: universe 1.13120230331: universe 1.19120230630: universe 1.14920230930: universe 1.30420231231: universe 1.36220240331: universe 1.39320240630: universe 1.51920240930: universe 1.50620241231: universe 1.40620250331: universe 1.53320250630: universe 1.58120250930: universe 1.77720251231: universe 1.839 20180331: follow 1.05120180630: follow 1.06220180930: follow 1.05420190331: follow 1.07420190630: follow 1.12820190930: follow 1.18520191231: follow 1.10420200331: follow 1.16720200630: follow 1.05120201231: follow 0.96620210630: follow 0.98020210930: follow 1.02720211231: follow 0.93320220331: follow 0.85220220930: follow 0.82720221231: follow 0.87120230331: follow 0.83320230630: follow 0.78620230930: follow 0.83820231231: follow 0.87120240331: follow 0.95620240630: follow 0.99420240930: follow 0.89620241231: follow 0.90520250331: follow 0.94620250630: follow 1.10420250930: follow 1.25620251231: follow 1.436 0.72 1.35 1.99 20182019202020212022202320242025 Follow Universe

Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 161 · 2026 Q1

Ticker Value Weight QoQ
IDEV $91M
7.2%
HOLD
AVLV $83M
6.6%
ADD
AAPL $62M
4.9%
TRIM
NVDA $59M
4.7%
HOLD
MSFT $56M
4.4%
HOLD
IWB $47M
3.7%
ADD
IVV $47M
3.7%
ADD
AMZN $37M
3.0%
TRIM
GOOG $37M
2.9%
HOLD
AVGO $29M
2.3%
HOLD
GOOGL $29M
2.3%
TRIM
JPM $24M
1.9%
TRIM
PANW $23M
1.8%
ADD
SHY $23M
1.8%
ADD
MA $19M
1.5%
HOLD
TJX $19M
1.5%
TRIM
META $18M
1.4%
ADD
MS $17M
1.4%
TRIM
WMT $16M
1.3%
TRIM
LLY $16M
1.2%
TRIM

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q1

ARMCOPCSREEMRIAUMBBSLVTUSIG

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 47 days after quarter-end — the first day the public could act on the filing. 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.