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Portfolio (Quarterly) Guide ↗

JOHN G ULLMAN & ASSOCIATES INC

· CIK 0000919530
13F Portfolio $754.3B AUM 174 positions Filed May 6, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 10 New 26 Added 97 Reduced 15 Exited
Page 2 of 5  ·  97 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 BMY BRISTOL-MYERS SQUIBB Healthcare 144,565.0 $8.8M 1.16% -5K -3.6% $60.65 -5.5%
22 ASTE ASTEC INDUSTRIES INC Industrials 152,109.0 $8.2M 1.09% -24K -13.4% $53.84 -14.2%
23 ECG EVERUS CONSTRUCTION GROUP ORD Industrials 67,874.0 $8.0M 1.06% -9K -11.3% $118.06 +22.4%
24 MDU M D U RESOURCES GRP Industrials 376,640.0 $7.8M 1.03% -13K -3.3% $20.72 +8.1%
25 GRC GORMAN RUPP CO CLASS EQUITY Industrials 112,656.0 $7.0M 0.93% -925.0 -0.8% $62.13 +12.9%
26 GVA GRANITE CONSTR INC Industrials 57,755.0 $6.9M 0.92% -17K -23.1% $119.88 +12.3%
27 HON HONEYWELL INTL INC Industrials 29,360.0 $6.6M 0.88% -225.0 -0.8% $226.03 -4.5%
28 NJR NEW JERSEY RES CORP Utilities 117,260.0 $6.4M 0.85% -3K -2.4% $54.92 +4.7%
29 VMC VULCAN MATLS CO Basic Materials 22,850.0 $6.2M 0.82% -2K -8.0% $272.30 -5.3%
30 JAZZ JAZZ PHARMACEUTICALS P F Healthcare 32,833.0 $6.2M 0.82% -2K -4.6% $189.05 +23.5%
31 GOOGL ALPHABET INC CLASS A Communication Services 21,173.0 $6.1M 0.81% -968.0 -4.4% $287.56 +36.6%
32 INTC INTEL CORP Technology 133,464.0 $5.9M 0.78% -45K -25.3% $44.13 +144.0%
33 TMP TOMPKINS FINL CORP Financial Services 68,792.0 $5.4M 0.72% -15K -17.5% $78.84 +5.5%
34 TMO THERMO FISHER SCIENTIFIC Healthcare 10,995.0 $5.4M 0.72% -830.0 -7.0% $491.53 -9.8%
35 IDA IDACORP INC Utilities 36,029.0 $5.2M 0.68% -2K -5.4% $142.97 -1.4%
36 STT STATE STR CORP Financial Services 39,588.0 $5.0M 0.66% -2K -4.9% $126.56 +19.5%
37 VNM VANECK VIETNAM ETF 287,644.0 $5.0M 0.66% -4K -1.2% $17.31 +10.7%
38 COHR COHERENT CORP Technology 20,650.0 $4.9M 0.65% -7K -25.9% $238.21 +50.9%
39 CIEN CIENA CORP Technology 12,400.0 $4.8M 0.64% -4K -24.9% $388.23 +36.1%
40 LOW LOWES COS INC Consumer Cyclical 19,230.0 $4.5M 0.60% -825.0 -4.1% $236.28 -8.8%
Page 2 of 5  ·  97 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 31.3%
Industrials 18.5%
Utilities 16.5%
Healthcare 9.7%
Energy 7.3%
Communication Services 5.1%
Consumer Cyclical 3.7%
Financial Services 2.5%
Basic Materials 2.4%
Real Estate 1.5%