Latest JOHN G ULLMAN & ASSOCIATES INC Stock Portfolio

JOHN G ULLMAN & ASSOCIATES INC Performance:

2025 Q3: 10.2%YTD: 14.17%2024: 12.31%

Performance for 2025 Q3 is 10.2%, and YTD is 14.17%, and 2024 is 12.31%.

About JOHN G ULLMAN & ASSOCIATES INC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, JOHN G ULLMAN & ASSOCIATES INC reported an equity portfolio of $742.7 Millions as of 30 Sep, 2025.

The top stock holdings of JOHN G ULLMAN & ASSOCIATES INC are TSM, EMR, GLW. The fund has invested 5.1% of it's portfolio in TAIWAN SEMICONDUCTOR M F SPONS and 5% of portfolio in EMERSON ELEC CO.

The fund managers got completely rid off HERC HLDGS INC (HRI), BANCROFT CF and AMPHENOL CORP NEW CLASS A (APH) stocks. They significantly reduced their stock positions in NOVARTIS AG, GE AEROSPACE (GE) and CORNING INC (GLW). JOHN G ULLMAN & ASSOCIATES INC opened new stock positions in ADOBE INC (ADBE), TWILIO CL A ORD (TWLO) and HAEMONETICS (HAE). The fund showed a lot of confidence in some stocks as they added substantially to NEXTERA ENERGY INC (NEE), EQT CORP (EQT) and DOMINION ENERGY INC (D).

JOHN G ULLMAN & ASSOCIATES INC Annual Return Estimates Vs S&P 500

Our best estimate is that JOHN G ULLMAN & ASSOCIATES INC made a return of 10.2% in the last quarter. In trailing 12 months, it's portfolio return was 15.39%.

New Buys

Ticker	$ Bought
adobe inc	2,296,400
twilio cl a ord	1,975,880
haemonetics	582,443
seagate technology holdings	315,848
abbvie inc	244,275
fidelity enhanced small cap et	213,765
goldman sachs group inc	211,033
vanguard value etf	203,274

New stocks bought by JOHN G ULLMAN & ASSOCIATES INC

Additions

Ticker	% Inc.
nextera energy inc	481
eqt corp	77.37
dominion energy inc	74.92
essential utils inc	74.78
teradata corp del	73.51
illumina inc	57.32
eagle matls inc	55.31
dentsply sirona inc	50.00

Additions to existing portfolio by JOHN G ULLMAN & ASSOCIATES INC

Reductions

Ticker	% Reduced
novartis ag	-97.83
ge aerospace	-89.42
corning inc	-26.97
baxter intl inc	-25.41
lumentum holdings inc	-25.03
oracle corp	-24.38
coherent corp	-22.68
bloom energy corp class a	-20.35

JOHN G ULLMAN & ASSOCIATES INC reduced stake in above stock

Sold off

Ticker	$ Sold
bancroft cf	-1,567,060
herc hldgs inc	-3,961,240
amphenol corp new class a	-570,281
the mosaic co	-209,760
fluor corp new	-205,080
marathon petroleum corp	-409,129
aecom	-265,221
boston scientific corp	-201,286

JOHN G ULLMAN & ASSOCIATES INC got rid off the above stocks

Sector Distribution

JOHN G ULLMAN & ASSOCIATES INC has about 25.5% of it's holdings in Technology sector.

Sector	%
Technology	25.5
Industrials	17.1
Others	16.2
Utilities	14.9
Healthcare	7.8
Energy	4.4
Communication Services	4.1
Consumer Cyclical	3.2
Financial Services	2.6
Basic Materials	1.9
Real Estate	1.5

Market Cap. Distribution

JOHN G ULLMAN & ASSOCIATES INC has about 58.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	43.4
MID-CAP	20.8
UNALLOCATED	16.2
MEGA-CAP	15.1
SMALL-CAP	4.2

Stocks belong to which Index?

About 67% of the stocks held by JOHN G ULLMAN & ASSOCIATES INC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	54.4
Others	33
RUSSELL 2000	12.6

Top 5 Winners (%)		%
BE	bloom energy corp class a	253.6 %
WDC	western digital corp	87.6 %
CIEN	ciena corp	79.1 %
LITE	lumentum holdings inc	71.2 %
GLW	corning inc	56.0 %

Top 5 Winners ($)		$
BE	bloom energy corp class a	17.1 M
GLW	corning inc	16.5 M
WDC	western digital corp	5.2 M
AVGO	broadcom inc	4.7 M
LITE	lumentum holdings inc	3.4 M

Top 5 Losers (%)		%
ACVA	acv auctions inc class a	-38.9 %
GT	goodyear tire & rubr co	-27.5 %
BAX	baxter intl inc	-24.8 %
XRAY	dentsply sirona inc	-14.3 %
MTSI	macom technology solutio	-13.1 %

Top 5 Losers ($)		$
AMT	american tower corp new reit	-1.5 M
IBM	ibm corp	-1.0 M
DIS	disney walt co	-0.7 M
HON	honeywell intl inc	-0.7 M
EMR	emerson elec co	-0.6 M

JOHN G ULLMAN & ASSOCIATES INC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of JOHN G ULLMAN & ASSOCIATES INC

JOHN G ULLMAN & ASSOCIATES INC has 173 stocks in it's portfolio. About 35.1% of the portfolio is in top 10 stocks. AMT proved to be the most loss making stock for the portfolio. BE was the most profitable stock for JOHN G ULLMAN & ASSOCIATES INC last quarter.

Last Reported on: 05 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.30	17,075	2,191,580	unchanged	0.00

AAPL	apple inc	0.58	17,058	4,343,480	reduced	-0.73

ABBV	abbvie inc	0.03	1,055	244,275	new

ABT	abbott labs	0.54	30,238	4,050,080	added	0.67

ACM	aecom	0.00	0.00	0.00	sold off	-100

ACVA	acv auctions inc class a	0.09	66,284	656,874	unchanged	0.00

ACWV	ishs msci emerg mrkt min vol f	0.05	5,300	338,299	reduced	-0.93

ADBE	adobe inc	0.31	6,510	2,296,400	new

AEP	american elec pwr co inc	0.05	3,390	381,375	reduced	-2.28

AFK	vaneck vietnam etf	0.72	299,674	5,346,180	reduced	-4.68

AGCO	agco corp del	0.06	4,300	460,401	unchanged	0.00

AGX	argan inc	0.15	4,100	1,107,200	unchanged	0.00

AMGN	amgen inc	0.34	9,000	2,539,800	reduced	-0.78

AMT	american tower corp new reit	1.47	56,718	10,908,000	added	7.05

AMZN	amazon.com inc	2.01	68,089	14,950,300	reduced	-1.03

AOS	smith a o corp	0.10	9,700	712,077	added	5.43

APH	amphenol corp new class a	0.00	0.00	0.00	sold off	-100

ASRV	ameriserv finl inc	0.03	65,185	189,036	reduced	-3.04

ASTE	astec industries inc	1.17	180,276	8,676,680	reduced	-2.02

AVGO	broadcom inc	3.64	81,921	27,026,600	reduced	-6.39