Kelly Lawrence W & Associates Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Kelly Lawrence W & Associates Inc. reported 108 stock positions worth $351.9 million. Its top holding was Alphabet Class A (GOOGL) at 9.2% of the portfolio, followed by Apple (AAPL, 8.0%) and Advanced Micro Devices (AMD, 7.1%). Compared with Q4 2025, it opened 5 new positions, sold out of 8, added to 3 and reduced 39. The biggest buy was a new position in ServiceNow (NOW) and the biggest sale an exit from Danaher (DHR).

Most Recent 13F
Q2 2026
Location
PASADENA, CA
CIK
0000920441
Portfolio Value
$351.9M (Q1 2026)
SEC Filing
0000920441-26-000002 ↗ filed May 15, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $433.1M Q1 2024 Q2 2024: $432.2M Q2 2024 Q3 2024: $436.5M Q3 2024 Q4 2024: $421.9M Q4 2024 Q1 2025: $405.0M Q1 2025 Q2 2025: $373.4M Q2 2025 Q3 2025: $404.0M Q3 2025 Q4 2025: $401.4M Q4 2025 Q1 2026: $351.9M $351.9M Q1 2026 Q2 2026: $459.5M Q2 2026

Holdings 108 stocks · $351.9M
GOOGL Alphabet Inc. Class A 9.20% 112,566 $32.4M Reduce -7.0%
AAPL Apple Inc. 7.95% 110,244 $28.0M Reduce -6.9%
AMD Advanced Micro Devices 7.05% 121,977 $24.8M Reduce -11.8%
COST Costco Wholesale Corp. 6.89% 24,323 $24.2M Reduce -0.6%
ICE Intercontinental Exchange Inc. 3.94% 88,223 $13.9M Reduce -4.7%
COF Capital One Financial Corp. 3.69% 71,113 $13.0M Reduce -8.4%
V Visa Inc. Class A 3.59% 41,773 $12.6M Reduce -4.8%
GNRC Generac Holdings Inc. 3.43% 61,741 $12.1M Reduce -36.8%
JNJ Johnson & Johnson 3.32% 47,785 $11.7M Reduce -6.4%
AMZN Amazon.com Inc. 3.11% 52,510 $10.9M Reduce -6.8%
NOW ServiceNow Inc. 2.97% 100,125 $10.5M New
PANW Palo Alto Networks Inc. 2.97% 65,180 $10.4M New
GOOG Alphabet Inc. Class C 2.93% 35,924 $10.3M Reduce -3.1%
UNH Unitedhealth Group Inc. 2.81% 36,549 $9.9M Reduce -5.2%
ROP Roper Technologies Inc. 2.72% 26,999 $9.6M Reduce -3.7%
AMAT Applied Materials Inc. 2.67% 27,480 $9.4M Reduce -5.8%
BR Broadridge Financial Solutio 2.66% 57,605 $9.4M Reduce -5.7%
PEP Pepsico Inc. 2.59% 58,621 $9.1M Reduce -5.9%
CRDO Credo Technology Group Holdi 2.40% 89,850 $8.4M New
KNSL Kinsale Capital Group Inc. 2.18% 22,407 $7.7M Reduce -5.2%
HIMS Hims & Hers Health Inc. 1.97% 333,995 $6.9M Reduce -5.2%
RGEN Repligen Corp. 1.82% 54,470 $6.4M Add +32.5%
WWD Woodward Inc. 1.69% 16,589 $5.9M Reduce -4.5%
AFL Aflac Inc. 1.43% 45,742 $5.0M Reduce -3.0%
HD Home Depot Inc. 1.19% 12,745 $4.2M Reduce -1.8%
CVX Chevron Corp. 1.12% 19,100 $4.0M Reduce -2.5%
CSCO Cisco Systems Inc. 0.83% 37,495 $2.9M Reduce -16.8%
PG The Procter & Gamble Co. 0.81% 19,740 $2.9M Reduce -12.4%
JPM JPMorgan Chase & Co. 0.68% 8,103 $2.4M No change
MSFT Microsoft Corp. 0.67% 6,365 $2.4M Reduce -0.7%
CRM Salesforce Inc. 0.63% 11,893 $2.2M Reduce -2.0%
ABBV Abbvie Inc. 0.49% 7,941 $1.7M Reduce -11.3%
BWEL Boswell (jg) Co. 0.48% 3,100 $1.7M No change
HXL Hexcel Corp. 0.48% 20,831 $1.7M Reduce -3.1%
SCHW Schwab (charles) Corp. 0.39% 14,767 $1.4M Reduce -0.3%
XOM Exxon Mobil Corp. 0.35% 7,283 $1.2M No change
NEE Nextera Energy Inc. 0.35% 13,285 $1.2M Add +93.7%
VRSN Verisign Inc. 0.35% 4,962 $1.2M Reduce -0.7%
WMT Walmart Inc. 0.26% 7,500 $932K No change
ALB Albemarle Corp. 0.24% 4,782 $859K No change
EW Edwards Lifesciences Corp. 0.24% 10,525 $843K No change
GILD Gilead Sciences Inc. 0.24% 6,044 $842K Reduce -4.0%
BXP BXP Inc. 0.23% 15,350 $797K Add +10133.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.21% 3,000 $727K Reduce -0.3%
CAT Caterpillar Inc. 0.20% 979 $694K No change
NSRGY Nestle SA-Spons ADR 0.18% 6,545 $639K No change
KIM Kimco Realty Corp. 0.18% 27,600 $620K Reduce -2.6%
ABT Abbott Laboratories 0.17% 5,910 $607K No change
DE Deere & Co. 0.17% 1,075 $606K No change
COP Conocophillips 0.17% 4,529 $598K No change
BERKSHIRE HATHAWAY INC 0.17% 1,231 $590K Reduce -11.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.16% 11,846 $577K No change
KO The Coca-Cola Co. 0.15% 6,931 $527K No change
AMGN Amgen Inc. 0.14% 1,398 $492K No change
SHEL Shell PLC-ADR 0.12% 4,400 $409K No change
T AT&T Inc. 0.11% 12,925 $375K Reduce -28.6%
LITE Lumentum Holdings Inc. 0.10% 520 $365K Reduce -42.9%
INTC Intel Corp. 0.10% 8,084 $357K No change
GE General Electric Company filed as GE AEROSPACE 0.10% 1,249 $354K Reduce -10.4%
WFC Wells Fargo & Co. 0.10% 4,400 $350K No change
HON Honeywell International Inc. 0.09% 1,373 $310K No change
GEV GE Vernova Inc. 0.08% 337 $294K Reduce -5.9%
VRTX Vertex Pharmaceuticals Inc. 0.07% 585 $261K No change
PFE Pfizer Inc. 0.07% 9,130 $256K No change
MCD McDonald's Corp. 0.07% 797 $248K No change
TMO Thermo Fisher Scientific Inc. 0.07% 500 $246K No change
MMM 3M Co. 0.07% 1,649 $239K No change
NSC Norfolk Southern Corp. 0.07% 800 $230K No change
LLY Eli Lilly & Co. 0.06% 227 $209K No change
MCK McKesson Corp. 0.06% 240 $208K No change
REGN Regeneron Pharmaceuticals 0.06% 263 $203K No change
AIR Aar Corp. 0.06% 1,775 $194K No change
VZ Verizon Communications Inc. 0.05% 3,807 $191K No change
AMT American Tower Corp. 0.05% 1,020 $176K No change
TSLA Tesla Inc. 0.05% 450 $167K No change
STT State Street Corp. 0.04% 1,050 $133K No change
ZTS Zoetis Inc. 0.04% 1,075 $127K No change
RTX RTX Corp. 0.04% 650 $125K No change
AVY Avery Dennison Corp. 0.03% 700 $121K Reduce -72.0%
MAT Mattel Inc. 0.02% 5,800 $84K No change
BYDDF BYD Co. Ltd. Class H 0.02% 6,000 $82K No change
CSX CSX Corp. 0.02% 1,950 $80K No change
NFLX Netflix Inc. 0.02% 775 $75K New
FNV Franco-Nevada Corp. 0.02% 300 $74K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.02% 455 $73K No change
ET Energy Transfer LP 0.02% 3,600 $69K No change
TTWO Take-Two Interactive Softwre 0.02% 300 $59K No change
META Meta Platforms Inc. Class A 0.02% 100 $57K No change
MDT Medtronic PLC 0.01% 600 $52K No change
RGA Reinsurance Group of America 0.01% 250 $51K No change
BLK BlackRock Inc. 0.01% 53 $51K No change
TEL Te Connectivity PLC 0.01% 240 $50K No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.01% 400 $47K No change
CWT California Water Service Grp 0.01% 1,000 $45K No change
RITM Rithm Capital Corp. 0.01% 4,500 $43K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.01% 52 $34K New
PM Philip Morris International 0.01% 190 $31K No change
ADP Automatic Data Processing 0.01% 153 $31K No change
UNP Union Pacific Corp. 0.01% 124 $30K No change
VFC VF Corp. 0.01% 1,475 $25K No change
ACN Accenture PLC Class A 0.01% 100 $20K No change
ETSY Etsy Inc. 0.01% 350 $17K No change
NVO Novo-Nordisk A/S-Spons ADR 0.00% 450 $17K No change
BUD Anheuser-Busch Inbev-SPN ADR 0.00% 200 $14K No change
PCRHY Panasonic Holdings Corp. 0.00% 465 $8K No change
PINS Pinterest Inc. Class A 0.00% 400 $7K No change
NKE Nike Inc. Class B 0.00% 125 $7K No change
TSM Taiwan Semiconductor-SP ADR 0.00% 10 $3K No change
Other holdings (16): bonds, preferreds, convertibles and warrants · $7.8M (not counted above)
SecurityClassShares / PrincipalValueChange
RITHM CAPITAL CORP (RITM V0 PERP B) PRD 61,325$1.5MReduce -6.4%
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 17,955$1.3MReduce -29.2%
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 845$978KReduce -4.7%
AT&T INC (T 5 PERP A) COM 37,800$742KReduce -36.3%
AGNC INVESTMENT CORP (AGNC V0 PERP E) PRD 27,990$699KReduce -9.2%
CAPITAL ONE FINANCIAL CO (COF 5 PERP I) Preferred Stock 32,300$603KReduce -39.4%
RITHM CAPITAL CORP (RITM V7 PERP D) PRD 23,000$560KReduce -41.8%
FORD MOTOR COMPANY (F 6.2 06/01/59) NTS DUE 01/06/2059 USD 17,700$355KReduce -7.8%
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 4,800$312KNo change
ATLANTICUS HOLDINGS CORP (ATLC 9.25 01/31/29 *) PRD 11,778$297KAdd +34.2%
TPG MORTGAGE INVEST TR (MITT 8 PERP B) PRD 10,105$201KNo change
PENNYMAC MTGE INVESTMENT (PMT V8.125 PERP A) PRD 4,000$91KNo change
ANNALY CAPITAL MGMT (NLY V0 PERP F) COM 3,300$83KNo change
RITHM CAPITAL CORP (RITM V6.375 PERP C) PRD 2,700$61KNo change
AGNC INVESTMENT CORP (AGNC V0 PERP C) PRD 1,500$38KNo change
TPG MORTGAGE INVEST TR (MITT 8.25 PERP A) PRD 1,700$36KNo change

Total filed on the 13F, all lines: $359.7M.

Portfolio Sells Q4 2025 → Q1 2026
DHR Danaher Corp. Sold out 0.00% −3.00
ICLR Icon PLC Sold out 0.00% −2.73
FISV Fiserv Inc. Sold out 0.00% −2.31
CSGP Costar Group Inc. Sold out 0.00% −1.78
COF Capital One Financial Corp. Reduce -8.4% 3.69% −1.00
HIMS Hims & Hers Health Inc. Reduce -5.2% 1.97% −0.88
BR Broadridge Financial Solutio Reduce -5.7% 2.66% −0.74
ROP Roper Technologies Inc. Reduce -3.7% 2.72% −0.39
UNH Unitedhealth Group Inc. Reduce -5.2% 2.81% −0.36
AMD Advanced Micro Devices Reduce -11.8% 7.05% −0.33
V Visa Inc. Class A Reduce -4.8% 3.59% −0.25
GOOGL Alphabet Inc. Class A Reduce -7.0% 9.20% −0.24
CRM Salesforce Inc. Reduce -2.0% 0.63% −0.17
AMZN Amazon.com Inc. Reduce -6.8% 3.11% −0.13
KNSL Kinsale Capital Group Inc. Reduce -5.2% 2.18% −0.13
MSFT Microsoft Corp. Reduce -0.7% 0.67% −0.10
AVY Avery Dennison Corp. Reduce -72.0% 0.03% −0.08
VOOG Vanguard S&P 500 Growth ETF Sold out 0.00% −0.07
AAPL Apple Inc. Reduce -6.9% 7.95% −0.07
AWR American States Water Co. Sold out 0.00% −0.05
CSCO Cisco Systems Inc. Reduce -16.8% 0.83% −0.04
ABBV Abbvie Inc. Reduce -11.3% 0.49% −0.02
IBM Intl Business Machines Corp. Reduce -0.3% 0.21% −0.02
SBUX Starbucks Corp. Sold out 0.00% −0.01
BERKSHIRE HATHAWAY INC Reduce -11.4% 0.17% −0.01
GE General Electric Company Reduce -10.4% 0.10% −0.01
T AT&T Inc. Reduce -28.6% 0.11% −0.01
EXAS Exact Sciences Corp. Sold out 0.00% −0.01
PG The Procter & Gamble Co. Reduce -12.4% 0.81% +0.01
LITE Lumentum Holdings Inc. Reduce -42.9% 0.10% +0.02
GEV GE Vernova Inc. Reduce -5.9% 0.08% +0.03
SCHW Schwab (charles) Corp. Reduce -0.3% 0.39% +0.03
GOOG Alphabet Inc. Class C Reduce -3.1% 2.93% +0.03
KIM Kimco Realty Corp. Reduce -2.6% 0.18% +0.03
GILD Gilead Sciences Inc. Reduce -4.0% 0.24% +0.05
VRSN Verisign Inc. Reduce -0.7% 0.35% +0.05
HD Home Depot Inc. Reduce -1.8% 1.19% +0.08
HXL Hexcel Corp. Reduce -3.1% 0.48% +0.08
GNRC Generac Holdings Inc. Reduce -36.8% 3.43% +0.11
AFL Aflac Inc. Reduce -3.0% 1.43% +0.13
ICE Intercontinental Exchange Inc. Reduce -4.7% 3.94% +0.21
PEP Pepsico Inc. Reduce -5.9% 2.59% +0.36
WWD Woodward Inc. Reduce -4.5% 1.69% +0.38
CVX Chevron Corp. Reduce -2.5% 1.12% +0.38
JNJ Johnson & Johnson Reduce -6.4% 3.32% +0.69
AMAT Applied Materials Inc. Reduce -5.8% 2.67% +0.80
COST Costco Wholesale Corp. Reduce -0.6% 6.89% +1.63

Portfolio Buys Q4 2025 → Q1 2026
NOW ServiceNow Inc. New 2.97% +2.97
PANW Palo Alto Networks Inc. New 2.97% +2.97
CRDO Credo Technology Group Holdi New 2.40% +2.40
BXP BXP Inc. Add +10133.3% 0.23% +0.22
NEE Nextera Energy Inc. Add +93.7% 0.35% +0.21
RGEN Repligen Corp. Add +32.5% 1.82% +0.15
NFLX Netflix Inc. New 0.02% +0.02
SPY SS SPDR S&P 500 ETF Trust-US New 0.01% +0.01

Notes & Other Activity Q4 2025 → Q1 2026
RITHM CAPITAL CORP (RITM V0 PERP B) PRD Reduce -6.4% 61,325 $1.5M
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A Reduce -29.2% 17,955 $1.3M
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -4.7% 845 $978K
AT&T INC (T 5 PERP A) COM Reduce -36.3% 37,800 $742K
AGNC INVESTMENT CORP (AGNC V0 PERP E) PRD Reduce -9.2% 27,990 $699K
CAPITAL ONE FINANCIAL CO (COF 5 PERP I) Preferred Stock Reduce -39.4% 32,300 $603K
RITHM CAPITAL CORP (RITM V7 PERP D) PRD Reduce -41.8% 23,000 $560K
FORD MOTOR COMPANY (F 6.2 06/01/59) NTS DUE 01/06/2059 USD Reduce -7.8% 17,700 $355K
ATLANTICUS HOLDINGS CORP (ATLC 9.25 01/31/29 *) PRD Add +34.2% 11,778 $297K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 112$459.5MAMD, GOOGL, AAPL, COST, PANW
Q1 2026 108$351.9MGOOGL, AAPL, AMD, COST, ICE
Q4 2025 111$401.4MGOOGL, AAPL, AMD, COST, COF
Q3 2025 144$404.0MGOOGL, AAPL, AMD, COST, HIMS
Q2 2025 142$373.4MCOST, AAPL, AMD, GOOGL, HIMS
Q1 2025 148$405.0MAAPL, GOOGL, COST, FISV, BR
Q4 2024 154$421.9MAAPL, GOOGL, COST, FISV, AMD
Q3 2024 157$436.5MAAPL, GOOGL, AMD, COST, FISV
Q2 2024 163$432.2MAAPL, GOOGL, AMD, COST, ROP
Q1 2024 160$433.1MAMD, AAPL, GOOGL, COST, ROP