13F
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Van Cleef Asset Management,Inc

13F equity value
$929M
Positions
118
Top 10 concentration
64.4%
Quarters / total new picks
27 / 70
13F equity value over time
$0M$493M$986M2017201820192020202120222023202420252026

"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 27 quarters, returned +3.5% per quarter — versus +2.1% per quarter from simply owning every 13F stock. It beat that baseline in only 55.6% of quarters (excess t = -0.70, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
-2.1%
t-stat
-0.70
Quarterly win rate
56%
Annualized excess
+4.5%
$1 → follow vs universe
$2.07 vs $1.57
Cumulative return: $1 invested in new picks vs universe
1.00 20180331: universe 1.04120180630: universe 0.95920190331: universe 0.94220190630: universe 1.01320190930: universe 1.08920191231: universe 0.87920200331: universe 1.05920200630: universe 1.17020200930: universe 1.43520201231: universe 1.50020210331: universe 1.51420210630: universe 1.63520210930: universe 1.46720211231: universe 1.24920220331: universe 1.34120220630: universe 1.24220221231: universe 1.15420230630: universe 1.11220231231: universe 1.16220240331: universe 1.18820240630: universe 1.29620240930: universe 1.28520241231: universe 1.19920250331: universe 1.30720250630: universe 1.34920250930: universe 1.51620251231: universe 1.569 20180331: follow 1.15120180630: follow 1.21220190331: follow 1.22520190630: follow 1.34520190930: follow 1.45920191231: follow 1.37120200331: follow 1.43720200630: follow 1.50820200930: follow 1.49920201231: follow 1.61420210331: follow 1.66020210630: follow 1.79020210930: follow 1.75820211231: follow 1.67820220331: follow 1.55620220630: follow 1.45720221231: follow 1.26720230630: follow 1.22020231231: follow 1.42420240331: follow 1.33420240630: follow 1.32120240930: follow 1.45520241231: follow 1.41020250331: follow 1.33020250630: follow 1.27920250930: follow 1.24020251231: follow 2.072 0.81 1.52 2.24 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 118 · 2026 Q1

Ticker Value Weight QoQ
PGR $152M
16.4%
HOLD
AAPL $106M
11.5%
HOLD
VXF $72M
7.7%
HOLD
PLTR $61M
6.6%
HOLD
GOOGL $54M
5.8%
HOLD
MSFT $46M
4.9%
HOLD
XOM $29M
3.1%
HOLD
VEU $27M
2.9%
HOLD
LAMR $27M
2.9%
HOLD
LIN $24M
2.6%
HOLD
GOOG $24M
2.6%
HOLD
VWO $24M
2.5%
HOLD
PAYX $21M
2.3%
ADD
IXC $16M
1.8%
HOLD
SYK $15M
1.7%
HOLD
MKC $15M
1.6%
ADD
SCHW $14M
1.5%
HOLD
PEP $12M
1.3%
HOLD
AXP $12M
1.3%
HOLD
CMCSA $12M
1.3%
ADD

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

IWFNDSNSCHK

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.