Stocks/Funds/CIK 922940

M.D. Sass, Inc.

long-term holder
Quarterly 13F filings · Latest period 2026-03-31 · CIK 922940
Assets
$1.32B
+16.1% YoY
Holdings
36
Lifetime alpha vs market
-0.67% annual
Average hold time
2.7 yr
median 1.8 yr

Quarterly history

Cum return +248% vs S&P +272% · α -25% lifetimeAUM $1.3B · peak $1.8BFlow $79M (+6%)2016-062017-122019-062020-122022-062023-122025-062026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+4.93%
adds when stocks drop
when a holding falls −10%+
Middle response
+3.21%
steady accumulation
Rally response
-11.99%
trims into rallies
when a holding rises +10%+

Top positions · 30

Ticker$ value% portYoYHold time
HSICHenry Schein, Inc.$94M7.1%+7.6%1.0 yr
WMBThe Williams Companies, $85M6.5%+25.8%1.3 yr
AMEAMETEK, Inc.$78M5.9%+25.3%2.0 yr
CLHClean Harbors, Inc.$72M5.5%+45.5%3.0 yr
SASSM.D. Sass Concentrated E$67M5.1%0.3 yr
PRMBPrimo Brands Corporation$64M4.8%-45.9%1.0 yr
MLMMartin Marietta Material$61M4.6%+23.8%1.8 yr
ICEIntercontinental Exchang$59M4.5%-7.8%1.8 yr
DGXQuest Diagnostics Incorp$59M4.4%+17.5%1.3 yr
APGAPi Group Corporation$56M4.3%+70.0%4.8 yr
SAROStandardAero, Inc.$56M4.2%-3.0%0.8 yr
AMZNAmazon.com, Inc.$55M4.2%+9.5%7.0 yr
COFCapital One Financial Co$53M4.1%+3.1%2.3 yr
WELLWelltower Inc.$51M3.8%+31.2%1.5 yr
SGISomnigroup International$47M3.6%+24.4%4.3 yr

Portfolio composition (YoY)

Industry mix
Medical - Diagnostics & Research7.3%+1.7pp$97M
Medical - Distribution7.1%$94M
Engineering & Construction6.9%-3.4pp$91M
Oil & Gas Midstream6.5%+1.3pp$85M
Asset Management6.5%+1.8pp$85M
Electrical Equipment & Parts5.9%+0.3pp$78M
Waste Management5.5%-0.5pp$72M
Beverages - Non-Alcoholic4.8%$64M
Construction Materials4.6%-0.6pp$61M
Software - Application4.5%$59M
Country
US94.8%+9.1pp
IE3.5%-1.4pp
CA1.7%
Top 5: 30.0% · Top 10: 52.6% · Top 25: 96.1%

Winners

TickerPrev $PnLYoY %
APH$69M+0.06B93.6%
PWR$53M+0.06B116.2%
CLH$68M+0.03B45.5%
APG$65M+0.03B70.0%
WELL$65M+0.02B31.2%

Losers

TickerPrev $PnLYoY %
AON$56M-0.01B-18.4%
ICE$62M-0.00B-7.8%
DHR$64M-0.00B-7.1%
PANW$5M-0.00B-6.0%

Top buys this quarter · 15

DGX Quest Diagnostics Incorporated+$40M
CHRW C.H. Robinson Worldwide, Inc.new+$38M
SNPS Synopsys, Inc.new+$30M
AMZN Amazon.com, Inc.+$20M
FICO Fair Isaac Corporation+$47M
AON Aon plc+$11M
COF Capital One Financial Corporat+$53M
ICE Intercontinental Exchange, Inc+$8M
MLM Martin Marietta Materials, Inc+$7M
SGI Somnigroup International Inc+$47M

Top sells this quarter · 15

STE STERIS plcexit$46M
ALC Alcon Inc.exit$32M
SLM SLM Corporationexit$30M
APG APi Group Corporation$25M
CLH Clean Harbors, Inc.$23M
DHR Danaher Corporation$20M
PWR Quanta Services, Inc.$15M
WMB The Williams Companies, Inc.$81M
GIL Gildan Activewear Inc.$16M
AME AMETEK, Inc.$4M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$1.32B36+13.44%+17.59%-4.15%+0.08B
2025-12-31$1.27B35+16.39%+17.72%-1.33%+0.00B
2025-09-30$1.22B34+12.78%+17.52%-4.73%-0.04B
2025-06-30$1.24B35+19.77%+14.94%+4.83%-0.01B
2025-03-31$1.14B32+3.05%+8.30%-5.26%-0.17B
2024-12-31$1.31B33+10.26%+24.89%-14.63%+0.02B
2024-09-30$1.29B34+23.51%+36.04%-12.52%-0.04B
2024-06-30$1.23B32+11.41%+24.49%-13.09%+0.42B
2024-03-31$845M32+26.83%+29.62%-2.79%+0.02B
2023-12-31$774M30+22.57%+26.18%-3.61%-0.04B
2023-09-30$722M31+20.66%+21.57%-0.91%+0.01B
2023-06-30$732M29+20.26%+19.42%+0.84%+0.04B
2023-03-31$639M31-4.21%-7.82%+3.61%+0.06B
2022-12-31$558M27-11.87%-18.17%+6.30%-0.04B
2022-09-30$545M31-11.43%-15.51%+4.08%+0.03B
2022-06-30$529M29-8.05%-10.62%+2.57%+0.02B