Cannell & Spears LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Cannell & Spears LLC reported 415 stock positions worth $5.1 billion. Its top holding was Microsoft (MSFT) at 4.8% of the portfolio, followed by Alphabet Class C (GOOG, 4.6%) and Apple (AAPL, 3.6%). Compared with Q4 2025, it opened 32 new positions, sold out of 27, added to 115 and reduced 192. The biggest buy was Merck (MRK, shares +131%) and the biggest sale Microsoft (MSFT, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001426319
- Portfolio Value
- $5.1B (Q1 2026)
- SEC Filing
- 0001420506-26-001133 ↗ filed May 15, 2026
Holdings Value
Holdings 415 stocks · $5.1B
| MSFT Microsoft Corp. | 4.81% | 656,147 | $242.9M | Reduce -12.2% |
| GOOG Alphabet Inc. Class C | 4.64% | 817,724 | $234.6M | Reduce -4.2% |
| AAPL Apple Inc. | 3.64% | 725,424 | $184.1M | Reduce -2.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.23% | 340,200 | $163.0M | Add +0.2% |
| AMZN Amazon.com Inc. | 2.85% | 692,211 | $144.2M | Reduce -0.0% |
| CB Chubb Ltd. | 2.65% | 410,618 | $133.8M | Reduce -6.9% |
| VRT Vertiv Holdings Co. Class A | 2.56% | 515,145 | $129.1M | Reduce -13.8% |
| BN Brookfield Corp. | 2.17% | 2,702,625 | $109.4M | Add +1.6% |
| GOOGL Alphabet Inc. Class A | 2.06% | 362,168 | $104.1M | Reduce -7.3% |
| MRP Millrose Properties | 2.04% | 3,677,670 | $103.0M | Add +1.4% |
| MRK Merck & Co. Inc. | 1.90% | 798,223 | $96.0M | Add +130.7% |
| ADI Analog Devices Inc. | 1.85% | 293,253 | $93.3M | Reduce -15.6% |
| UNP Union Pacific Corp. | 1.78% | 371,600 | $90.2M | Add +5.0% |
| FTAI Ftai Aviation Ltd. | 1.70% | 351,133 | $86.0M | Add +22.8% |
| NVDA Nvidia Corp. | 1.64% | 473,623 | $82.6M | Add +24.4% |
| AEM Agnico Eagle Mines Ltd. | 1.56% | 389,145 | $79.0M | Reduce -23.6% |
| GIL Gildan Activewear Inc. | 1.37% | 1,241,531 | $69.1M | Add +4.7% |
| BEEX The Beehive ETF | 1.36% | 2,842,815 | $68.9M | Add +0.5% |
| PWR Quanta Services Inc. | 1.33% | 122,280 | $67.1M | Reduce -1.2% |
| CRH CRH PLC | 1.23% | 590,956 | $62.1M | Reduce -16.1% |
| WTM White Mountains Insurance GP | 1.22% | 28,027 | $61.6M | Reduce -0.3% |
| JPM JPMorgan Chase & Co. | 1.22% | 209,220 | $61.5M | Reduce -4.0% |
| B Barrick Mining Corp. | 1.15% | 1,427,662 | $58.2M | Add +2.2% |
| ABT Abbott Laboratories | 1.12% | 550,416 | $56.5M | Reduce -2.4% |
| ORCL Oracle Corp. | 1.09% | 373,350 | $54.9M | Reduce -16.7% |
| ABBV Abbvie Inc. | 1.07% | 248,683 | $54.1M | Reduce -7.8% |
| REGN Regeneron Pharmaceuticals | 1.05% | 68,914 | $53.2M | Reduce -22.9% |
| DHR Danaher Corp. | 1.02% | 272,505 | $51.7M | Add +6.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.01% | 319,594 | $51.0M | Reduce -1.0% |
| COST Costco Wholesale Corp. | 1.01% | 51,195 | $51.0M | Reduce -0.6% |
| MLM Martin Marietta Materials | 0.95% | 81,257 | $47.8M | Add +54.2% |
| AVGO Broadcom Inc. | 0.88% | 143,183 | $44.3M | Reduce -30.3% |
| FNV Franco-Nevada Corp. | 0.87% | 177,941 | $44.0M | Add +0.6% |
| TMO Thermo Fisher Scientific Inc. | 0.86% | 88,474 | $43.5M | Reduce -0.7% |
| CVX Chevron Corp. | 0.86% | 209,965 | $43.4M | Reduce -1.9% |
| ICE Intercontinental Exchange Inc. | 0.85% | 274,314 | $43.1M | Reduce -5.8% |
| JNJ Johnson & Johnson | 0.83% | 171,407 | $41.9M | Reduce -5.7% |
| LH Labcorp Holdings Inc. | 0.80% | 151,537 | $40.4M | Reduce -4.4% |
| SHAK Shake Shack Inc. Class A | 0.79% | 452,694 | $40.0M | Add +27.4% |
| FDX FedEx Corp. | 0.74% | 104,435 | $37.2M | Reduce -8.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.72% | 377,009 | $36.3M | Add +1.7% |
| AON Aon PLC Class A | 0.70% | 109,902 | $35.5M | Reduce -0.8% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.69% | 291,729 | $34.6M | Reduce -6.5% |
| LMT Lockheed Martin Corp. | 0.68% | 57,184 | $34.6M | Reduce -1.2% |
| MDLZ Mondelez International Inc. Class A | 0.66% | 574,707 | $33.1M | Reduce -1.5% |
| AGI Alamos Gold Inc. Class A | 0.62% | 704,330 | $31.3M | Add +6.8% |
| PLD Prologis Inc. | 0.61% | 235,038 | $31.1M | Reduce -20.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.60% | 42 | $30.2M | No change |
| NVT Nvent Electric PLC | 0.58% | 248,599 | $29.4M | Reduce -0.1% |
| HD Home Depot Inc. | 0.57% | 88,250 | $29.0M | Reduce -0.8% |
| LOW Lowe's Cos Inc. | 0.55% | 117,895 | $27.9M | Reduce -7.5% |
| CL Colgate-Palmolive Co. | 0.54% | 319,053 | $27.2M | Add +0.7% |
| XOM Exxon Mobil Corp. | 0.54% | 160,267 | $27.2M | Reduce -7.7% |
| HON Honeywell International Inc. | 0.53% | 119,507 | $27.0M | Add +0.6% |
| ILMN Illumina Inc. | 0.53% | 218,783 | $27.0M | Add +0.3% |
| FIS Fidelity National Info Serv | 0.50% | 541,071 | $25.4M | Reduce -19.8% |
| RTX RTX Corp. | 0.49% | 128,117 | $24.7M | Reduce -3.1% |
| TXN Texas Instruments Inc. | 0.48% | 124,750 | $24.2M | Add +33.6% |
| APD Air Products & Chemicals Inc. | 0.46% | 79,634 | $23.1M | Reduce -0.1% |
| CEF Sprott Physical Gold and Sil | 0.46% | 483,025 | $23.0M | No change |
| QSR Restaurant Brands Intern | 0.45% | 306,831 | $22.7M | Add +2.7% |
| CSTM Constellium SE | 0.44% | 909,200 | $22.3M | Reduce -6.0% |
| KO The Coca-Cola Co. | 0.44% | 291,287 | $22.2M | Reduce -4.2% |
| PHYS Sprott Physical Gold Trust | 0.43% | 617,290 | $21.9M | Add +0.4% |
| ITW Illinois Tool Works | 0.43% | 82,809 | $21.6M | Reduce -0.8% |
| CCK Crown Holdings Inc. | 0.42% | 211,123 | $21.2M | Reduce -1.9% |
| AMCR Amcor PLC | 0.42% | 528,998 | $21.0M | Add +16.0% |
| FCNCA First Citizens Bcshs Class A | 0.41% | 11,071 | $20.9M | Reduce -1.9% |
| PEP Pepsico Inc. | 0.39% | 127,782 | $19.8M | Reduce -2.0% |
| LIN Linde PLC | 0.39% | 39,331 | $19.5M | Add +2301.2% |
| CMCSA Comcast Corp. Class A | 0.38% | 665,438 | $19.1M | Reduce -12.9% |
| HCA HCA Healthcare Inc. | 0.38% | 40,292 | $19.1M | Reduce -5.7% |
| SYY Sysco Corp. | 0.38% | 266,472 | $19.0M | Add +0.3% |
| NEM Newmont Corp. | 0.34% | 157,071 | $17.0M | Reduce -12.8% |
| RGLD Royal Gold Inc. | 0.33% | 65,445 | $16.7M | Reduce -0.0% |
| ADP Automatic Data Processing | 0.33% | 81,542 | $16.6M | Reduce -3.7% |
| PKG Packaging Corp. of America | 0.32% | 76,514 | $16.2M | Reduce -11.0% |
| LEN Lennar Corp. Class A | 0.32% | 184,946 | $16.1M | Reduce -16.8% |
| MU Micron Technology Inc. | 0.31% | 46,631 | $15.8M | Add +914.6% |
| TTWO Take-Two Interactive Softwre | 0.31% | 79,625 | $15.7M | Add +3.5% |
| RKT Rocket Cos Inc. Class A | 0.30% | 1,072,530 | $15.3M | Add +1110.0% |
| BMY Bristol-Myers Squibb Co. | 0.29% | 242,592 | $14.7M | Reduce -3.5% |
| AXSM Axsome Therapeutics Inc. | 0.28% | 84,154 | $14.2M | No change |
| XYL Xylem Inc. | 0.28% | 117,415 | $14.0M | Reduce -38.2% |
| CAT Caterpillar Inc. | 0.26% | 18,885 | $13.4M | Add +0.1% |
| CHKP Check Point Software Tech | 0.24% | 84,834 | $12.1M | Reduce -6.5% |
| AFL Aflac Inc. | 0.23% | 104,661 | $11.5M | Reduce -0.0% |
| VOO Vanguard S&P 500 ETF | 0.23% | 19,125 | $11.4M | Reduce -6.3% |
| NYT New York Times Co. Class A | 0.23% | 136,322 | $11.4M | Reduce -7.8% |
| FNF Fidelity National Financial | 0.22% | 243,281 | $11.3M | Reduce -0.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.21% | 16,629 | $10.8M | Reduce -1.8% |
| CP Canadian Pacific Kansas City | 0.21% | 132,356 | $10.4M | Add +6.7% |
| GLW Corning Inc. | 0.20% | 72,767 | $9.9M | Reduce -17.8% |
| PSLV Sprott Physical Silver Trust | 0.20% | 405,400 | $9.9M | No change |
| INTC Intel Corp. | 0.19% | 221,460 | $9.8M | Reduce -14.2% |
| IWB iShares Russell 1000 ETF | 0.19% | 27,323 | $9.7M | Add +0.5% |
| SII Sprott Inc. | 0.19% | 68,074 | $9.7M | Reduce -23.2% |
| PG The Procter & Gamble Co. | 0.19% | 65,707 | $9.5M | Reduce -8.9% |
| OR Or Royalties Inc. | 0.18% | 243,512 | $9.3M | Reduce -0.1% |
| BALL Ball Corp. | 0.18% | 152,645 | $9.0M | Reduce -1.0% |
Other holdings (5): bonds, preferreds, convertibles and warrants · $48.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 38,978,000 | $37.3M | Add +49.3% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 4,753 | $5.7M | New |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | 58,349 | $2.7M | New |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,581 | $1.8M | New |
| TMSWW Live Oak Acquisition Co.-CW29 | *W EXP 99/99/999 | 777,600 | $1.1M | Add +214.0% |
Total filed on the 13F, all lines: $5.1B.
Portfolio Sells Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Reduce -12.2% | 4.81% | −1.99 |
| ORCL Oracle Corp. | Reduce -16.7% | 1.09% | −0.56 |
| AVGO Broadcom Inc. | Reduce -30.3% | 0.88% | −0.46 |
| CRH CRH PLC | Reduce -16.1% | 1.23% | −0.42 |
| GOOG Alphabet Inc. Class C | Reduce -4.2% | 4.64% | −0.39 |
| EQT Eqt Corp. | Reduce -91.8% | 0.04% | −0.34 |
| FIS Fidelity National Info Serv | Reduce -19.8% | 0.50% | −0.34 |
| BEPC Brookfield Renewable Corp. | Reduce -68.7% | 0.14% | −0.27 |
| REGN Regeneron Pharmaceuticals | Reduce -22.9% | 1.05% | −0.24 |
| GOOGL Alphabet Inc. Class A | Reduce -7.3% | 2.06% | −0.24 |
| ELF Elf Beauty Inc. | Reduce -78.0% | 0.05% | −0.23 |
| ABT Abbott Laboratories | Reduce -2.4% | 1.12% | −0.21 |
| NOW ServiceNow Inc. | Reduce -36.7% | 0.18% | −0.21 |
| XYL Xylem Inc. | Reduce -38.2% | 0.28% | −0.21 |
| UBER Uber Technologies Inc. | Reduce -88.9% | 0.02% | −0.21 |
| AAPL Apple Inc. | Reduce -2.5% | 3.64% | −0.16 |
| AMZN Amazon.com Inc. | Reduce -0.0% | 2.85% | −0.15 |
| GM General Motors Co. | Reduce -77.6% | 0.04% | −0.14 |
| AL Sumisho Air Lease Corp. | Reduce -95.2% | 0.01% | −0.14 |
| LEN Lennar Corp. Class A | Reduce -16.8% | 0.32% | −0.11 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.7% | 0.86% | −0.11 |
| JPM JPMorgan Chase & Co. | Reduce -4.0% | 1.22% | −0.10 |
| PAR Par Technology Corp. | Reduce -36.8% | 0.03% | −0.10 |
| PLD Prologis Inc. | Reduce -20.3% | 0.61% | −0.09 |
| ABBV Abbvie Inc. | Reduce -7.8% | 1.07% | −0.09 |
| ADP Automatic Data Processing | Reduce -3.7% | 0.33% | −0.08 |
| SSNC Ss&c Technologies Holdings | Sold out | 0.00% | −0.08 |
| CHKP Check Point Software Tech | Reduce -6.5% | 0.24% | −0.08 |
| LRN Stride Inc. | Sold out | 0.00% | −0.07 |
| AEM Agnico Eagle Mines Ltd. | Reduce -23.6% | 1.56% | −0.06 |
| CMCSA Comcast Corp. Class A | Reduce -12.9% | 0.38% | −0.05 |
| FCNCA First Citizens Bcshs Class A | Reduce -1.9% | 0.41% | −0.04 |
| NAIL Dire Dail HB & SB 3X ETF-Usd | Sold out | 0.00% | −0.04 |
| CCEP Coca-Cola Europacific Partne | Reduce -67.2% | 0.02% | −0.04 |
| REPX Riley Exploration Permian Inc. | Reduce -79.6% | 0.02% | −0.04 |
| IDXX Idexx Laboratories Inc. | Reduce -20.9% | 0.08% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -6.0% | 0.15% | −0.04 |
| AON Aon PLC Class A | Reduce -0.8% | 0.70% | −0.03 |
| ICE Intercontinental Exchange Inc. | Reduce -5.8% | 0.85% | −0.03 |
| SPGI S&P Global Inc. | Reduce -41.5% | 0.03% | −0.03 |
| WPM Wheaton Precious Metals Corp. | Reduce -35.4% | 0.10% | −0.03 |
| RDDT Reddit Inc. Class A | Reduce -0.7% | 0.05% | −0.03 |
| ADBE Adobe Inc. | Reduce -25.2% | 0.03% | −0.03 |
| FNF Fidelity National Financial | Reduce -0.2% | 0.22% | −0.03 |
| LOW Lowe's Cos Inc. | Reduce -7.5% | 0.55% | −0.03 |
| GE General Electric | Reduce -12.2% | 0.14% | −0.02 |
| CRUS Cirrus Logic Inc. | Sold out | 0.00% | −0.02 |
| ENB Enbridge Inc. | Reduce -87.3% | 0.00% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -5.5% | 0.13% | −0.02 |
| META Meta Platforms Inc. Class A | Reduce -5.6% | 0.12% | −0.02 |
Portfolio Buys Q4 2025 → Q1 2026
| MRK Merck & Co. Inc. | Add +130.7% | 1.90% | +1.22 |
| FTAI Ftai Aviation Ltd. | Add +22.8% | 1.70% | +0.64 |
| LIN Linde PLC | Add +2301.2% | 0.39% | +0.37 |
| MLM Martin Marietta Materials | Add +54.2% | 0.95% | +0.33 |
| NVDA Nvidia Corp. | Add +24.4% | 1.64% | +0.30 |
| MU Micron Technology Inc. | Add +914.6% | 0.31% | +0.29 |
| RKT Rocket Cos Inc. Class A | Add +1110.0% | 0.30% | +0.27 |
| SHAK Shake Shack Inc. Class A | Add +27.4% | 0.79% | +0.25 |
| UNP Union Pacific Corp. | Add +5.0% | 1.78% | +0.25 |
| FNV Franco-Nevada Corp. | Add +0.6% | 0.87% | +0.18 |
| TXN Texas Instruments Inc. | Add +33.6% | 0.48% | +0.17 |
| AGI Alamos Gold Inc. Class A | Add +6.8% | 0.62% | +0.14 |
| OII Oceaneering Intl Inc. | New | 0.12% | +0.12 |
| TRV The Travelers Cos Inc. | Add +2032.0% | 0.11% | +0.11 |
| HON Honeywell International Inc. | Add +0.6% | 0.53% | +0.10 |
| LNG Cheniere Energy Inc. | New | 0.07% | +0.07 |
| CMC Commercial Metals Co. | New | 0.07% | +0.07 |
| CL Colgate-Palmolive Co. | Add +0.7% | 0.54% | +0.07 |
| QSR Restaurant Brands Intern | Add +2.7% | 0.45% | +0.07 |
| CAT Caterpillar Inc. | Add +0.1% | 0.26% | +0.06 |
| RIVN Rivian Automotive Inc. Class A | New | 0.06% | +0.06 |
| AMCR Amcor PLC | Add +16.0% | 0.42% | +0.06 |
| COP Conocophillips | Add +105.0% | 0.08% | +0.05 |
| PHYS Sprott Physical Gold Trust | Add +0.4% | 0.43% | +0.05 |
| ITRN Ituran Location and Control | New | 0.05% | +0.05 |
| POWI Power Integrations Inc. | Add +98.7% | 0.06% | +0.04 |
| ELV Elevance Health Inc. | Add +60.6% | 0.14% | +0.04 |
| AAMI Acadian Asset Management Inc. | Add +42.7% | 0.09% | +0.04 |
| DE Deere & Co. | Add +0.2% | 0.17% | +0.04 |
| URBN Urban Outfitters Inc. | Add +89.5% | 0.09% | +0.04 |
| FLG Flagstar Bank NA | New | 0.04% | +0.04 |
| CP Canadian Pacific Kansas City | Add +6.7% | 0.21% | +0.03 |
| TXT Textron Inc. | Add +32.7% | 0.10% | +0.03 |
| TPL Texas Pacific Land Corp. | Add +0.4% | 0.07% | +0.03 |
| LHX L3HARRIS Technologies Inc. | Add +0.0% | 0.11% | +0.02 |
| BND Vanguard Total Bond Market | New | 0.02% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.2% | 3.23% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.02% | +0.02 |
| XLE SS Energy Select Sector | Add +0.3% | 0.04% | +0.01 |
| LYFT LYFT Inc. Class A | New | 0.01% | +0.01 |
| NEXT Nextdecade Corp. | New | 0.01% | +0.01 |
| B Barrick Mining Corp. | Add +2.2% | 1.15% | +0.01 |
| SYY Sysco Corp. | Add +0.3% | 0.38% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +70.3% | 0.02% | +0.01 |
| MUB iShares National Muni Bond E | New | 0.01% | +0.01 |
| NEE Nextera Energy Inc. | Add +0.1% | 0.04% | +0.01 |
| GUNR NT Mstar GLBL NR ETF | Add +77.0% | 0.01% | +0.01 |
| TIP iShares Tips Bond ETF | New | 0.01% | +0.01 |
| NKE Nike Inc. Class B | Add +30.6% | 0.05% | +0.01 |
| NLY Annaly Capital Management Inc. | Add +27.0% | 0.03% | +0.01 |
Notes & Other Activity Q4 2025 → Q1 2026
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Add +49.3% | 38,978,000 | $37.3M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | New | 4,753 | $5.7M |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | New | 58,349 | $2.7M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | New | 1,581 | $1.8M |
| TMSWW Live Oak Acquisition Co.-CW29 | *W EXP 99/99/999 | Add +214.0% | 777,600 | $1.1M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 440 | $5.6B | GOOG, MSFT, AAPL, BRK.B, AMZN |
| Q1 2026Amended | 415 | $5.1B | MSFT, GOOG, AAPL, BRK.B, AMZN |
| Q4 2025 | 409 | $5.3B | MSFT, GOOG, AAPL, BRK.B, AMZN |
| Q3 2025 | 400 | $5.3B | MSFT, AAPL, GOOG, BRK.B, ORCL |
| Q2 2025 | 393 | $5.0B | MSFT, BRK.B, AAPL, GOOG, AMZN |
| Q1 2025 | 390 | $4.6B | MSFT, BRK.B, AAPL, GOOG, AMZN |
| Q4 2024 | 391 | $4.9B | MSFT, AAPL, GOOG, BRK.B, AMZN |
| Q3 2024 | 401 | $5.1B | MSFT, AAPL, GOOG, BRK.B, AMZN |
| Q2 2024 | 366 | $4.8B | MSFT, GOOG, AAPL, BRK.B, AMZN |
| Q1 2024 | 381 | $4.8B | MSFT, GOOG, BRK.B, AAPL, AMZN |