13F
中
← All fund report cards

ROFFMAN MILLER ASSOCIATES INC /PA/

13F equity value
$1.7B
Positions
85
Top 10 concentration
40.6%
Quarters / total new picks
14 / 160
13F equity value over time
$0M$915M$2B2017201820192020202120222023202420252026

"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 14 quarters, returned +1.1% per quarter — versus +3.8% per quarter from simply owning every 13F stock. It beat that baseline in only 42.9% of quarters (excess t = -0.48, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
-1.6%
t-stat
-0.48
Quarterly win rate
43%
Annualized excess
-12.2%
$1 → follow vs universe
$1.09 vs $1.62
Cumulative return: $1 invested in new picks vs universe
1.00 20180331: universe 1.04120180930: universe 1.08920181231: universe 1.07720190331: universe 1.05820190630: universe 1.13820190930: universe 1.22320191231: universe 0.98720200630: universe 1.09020210630: universe 1.17820230630: universe 1.13520230930: universe 1.28920240331: universe 1.31820240630: universe 1.43720250930: universe 1.616 20180331: follow 0.89220180930: follow 0.93620181231: follow 0.91220190331: follow 0.85420190630: follow 0.97620190930: follow 1.06920191231: follow 0.86820200630: follow 0.94420210630: follow 0.88720230630: follow 0.88420230930: follow 0.93120240331: follow 1.02220240630: follow 0.97120250930: follow 1.089 0.79 1.27 1.75 2018201920202021202320242025 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 85 · 2026 Q1

Ticker Value Weight QoQ
AAPL $114M
6.6%
HOLD
GOOGL $110M
6.4%
TRIM
MSFT $95M
5.5%
HOLD
JPM $68M
3.9%
TRIM
JNJ $64M
3.7%
TRIM
AMZN $58M
3.3%
HOLD
APH $56M
3.3%
TRIM
AXP $47M
2.7%
TRIM
MCD $46M
2.7%
TRIM
HD $44M
2.6%
HOLD
TXN $43M
2.5%
TRIM
CB $43M
2.5%
HOLD
SYK $41M
2.4%
HOLD
PEP $40M
2.3%
TRIM
ASML $40M
2.3%
TRIM
NDSN $39M
2.3%
TRIM
AFL $39M
2.3%
TRIM
RPM $38M
2.2%
HOLD
V $37M
2.1%
HOLD
HON $36M
2.1%
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

INTC

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.