Stocks/Funds/CIK 1646821

D'Orazio & Associates, Inc.

long-term holder
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1646821
Assets
$772M
+17.7% YoY
Holdings
298
Lifetime alpha vs market
-0.94% annual
Average hold time
4.2 yr
median 3.0 yr

Quarterly history

Cum return +219% vs S&P +251% · α -32% lifetimeAUM $772M · peak $782MFlow $22M (+3%)2016-032017-092019-062020-122022-062023-122025-062026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+0.55%
adds when stocks drop
when a holding falls −10%+
Middle response
+0.10%
steady accumulation
Rally response
+5.17%
adds into rallies
when a holding rises +10%+

Top positions · 30

Ticker$ value% portYoYHold time
VTIVanguard Total Stock Mar$133M17.2%10.0 yr
BAHBooz Allen Hamilton Hold$56M7.3%-23.5%10.3 yr
IQLTiShares MSCI Intl Qualit$45M5.8%3.0 yr
JPIEJPMorgan Income ETF$44M5.6%3.0 yr
VEAVanguard FTSE Developed $37M4.8%10.3 yr
BRK-BBerkshire Hathaway Inc.$34M4.4%10.3 yr
QQQMInvesco NASDAQ 100 ETF$33M4.3%3.0 yr
DGROiShares Core Dividend Gr$30M3.9%5.3 yr
VCRBVanguard Core Bond ETF$19M2.5%1.0 yr
QQQInvesco QQQ Trust, Serie$19M2.4%7.8 yr
IDMOInvesco S&P Internationa$16M2.0%1.0 yr
JQUAJPMorgan U.S. Quality Fa$15M2.0%2.3 yr
MTUMiShares MSCI USA Momentu$14M1.9%1.0 yr
AVDVAvantis International Sm$14M1.8%3.0 yr
UNHUnitedHealth Group Incor$13M1.7%-46.9%10.3 yr

Portfolio composition (YoY)

Industry mix
Asset Management57.6%+4.5pp$445M
Consulting Services7.3%-3.3pp$56M
Asset Management - Income6.2%-0.5pp$48M
Insurance - Diversified4.4%-1.7pp$34M
Semiconductors2.4%+1.2pp$18M
Medical - Healthcare Plans1.7%-2.2pp$13M
Software - Infrastructure1.6%-0.0pp$12M
Internet Content & Information1.5%+0.5pp$11M
Consumer Electronics1.4%+0.1pp$11M
Drug Manufacturers - General1.3%+0.3pp$10M
Country
US96.4%-1.2pp
Unknown0.7%+0.6pp
CA0.7%+0.4pp
GB0.4%-0.0pp
BR0.3%+0.2pp
IE0.2%-0.2pp
CH0.2%+0.1pp
SG0.2%+0.2pp
Top 5: 40.7% · Top 10: 58.2% · Top 25: 78.2%

Winners

TickerPrev $PnLYoY %
TTMI$1M+0.01B375.0%
NVDA$4M+0.00B60.9%
LMT$6M+0.00B39.0%
GOOG$2M+0.00B84.3%
AAPL$9M+0.00B14.7%

Losers

TickerPrev $PnLYoY %
BAH$69M-0.02B-23.5%
UNH$25M-0.01B-46.9%
MSFT$9M-0.00B-0.6%

Top buys this quarter · 15

NVDA NVIDIA Corporation+$3M
AVGO Broadcom Inc.+$1M
WDC Western Digital Corporationnew+$0M
CTVA Corteva, Inc.+$0M
BIIB Biogen Inc.+$0M
BA The Boeing Company+$0M
NFLX Netflix, Inc.+$0M
CYD China Yuchai International Limnew+$0M
VZ Verizon Communications Inc.+$0M
NXST Nexstar Media Group, Inc.new+$0M

Top sells this quarter · 15

LMT Lockheed Martin Corporation$3M
TTMI TTM Technologies, Inc.$3M
ACN Accenture plc$0M
ADP Automatic Data Processing, Incexit$0M
INTU Intuit Inc.exit$0M
FTNT Fortinet, Inc.exit$0M
ADBE Adobe Inc.exit$0M
CLS Celestica Inc.$0M
BX Blackstone Inc.exit$0M
SYF Synchrony Financialexit$0M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$772M298+1.19%+17.59%-16.40%+0.02B
2025-12-31$782M285-3.81%+17.72%-21.53%+0.05B
2025-09-30$757M276-10.90%+17.52%-28.41%+0.01B
2025-06-30$708M277-9.39%+14.94%-24.33%+0.03B
2025-03-31$656M253-8.53%+8.30%-16.84%+0.04B
2024-12-31$678M237+10.17%+24.89%-14.72%+0.04B
2024-09-30$703M238+38.14%+36.04%+2.10%+0.00B
2024-06-30$651M216+27.21%+24.49%+2.72%+0.01B
2024-03-31$620M203+37.69%+29.62%+8.07%+0.01B
2023-12-31$558M188+19.32%+26.18%-6.86%+0.05B
2023-09-30$446M156+15.70%+21.57%-5.87%+0.02B
2023-06-30$428M143+16.09%+19.42%-3.33%-0.01B
2023-03-31$386M139+0.95%-7.82%+8.76%-0.02B
2022-12-31$422M145+1.24%-18.17%+19.42%+0.05B
2022-09-30$342M130+2.62%-15.51%+18.13%-0.03B
2022-06-30$376M115+4.15%-10.62%+14.77%-0.03B