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Scott Black
Portfolio: Top Holdings & Stock Picks

Delphi Management INC /Ma/

Value Investing

Scott Black (Delphi Management INC /Ma/) disclosed 81 total holdings in its latest 13F filing dated 2025-09-30, with a portfolio value of $107.8 M billion and a turnover rate of 6.6%.

Portfolio Value
$107.8 M
Total Holdings
81
Latest Filing
Q3 2025
Oct 15, 2025
Turnover Rate
6.61%

Scott Black Top Holdings of 2025-09-30

Ticker Name Shares Value % of Portfolio Time Held % Change
5,171 $2.6 M 2.41% 2.3 Years -7.92%
8,412 $2.14 M 1.99% 2.3 Years -1.12%
1,621 $1.75 M 1.62% 2.3 Years -8.31%
SNX
10,486 $1.72 M 1.59% 2.3 Years -3.02%
12,513 $1.68 M 1.55% 0.5 Years -24.90%
8,121 $1.66 M 1.54% 2.3 Years -1.62%
GHC
1,383 $1.63 M 1.51% 2.3 Years -0.72%
GS
2,040 $1.62 M 1.51% 2.3 Years -10.21%
NFG
17,397 $1.61 M 1.49% 0.5 Years -0.85%
6,930 $1.6 M 1.49% 2.3 Years +23.60%

Recent Moves

Significant New Position
+43,395 Shares | +$1.32 M Value
Continues to build a major stake in the Financials sector
Q3 2025
Added to Core Holding
+2,543 Shares | +$327,871.81 Value
Modest increase in Technology
Q3 2025
Reduced Exposure to Position
-2,226 Shares | -$625,869.81 Value
Reduced exposure to Technology
Q3 2025
Complete Exit
-35,076 Shares | -$1.64 M Value
Cleared BATRK, sector remains in portfolio
Q3 2025

Scott Black's Historical Top Holdings Breakdown

Portfolio Date:

Scott Black Top Stock Picks

Ticker Name Date Activity Shares Shares Change Value Change
09/30/2025 Sold Out 35,076 -35,076 $1.64 M
BHB
09/30/2025 New Buy 43,395 43,395 $1.32 M
09/30/2025 New Buy 11,230 11,230 $1.27 M
09/30/2025 Sold Out 50,290 -50,290 $1.19 M
SLB
09/30/2025 Sold Out 27,895 -27,895 $943,000
09/30/2025 Reduce -30.6% 5,054 -2,226 $625,869.81
09/30/2025 Reduce -24.9% 12,513 -4,149 $555,388.4
IAS
09/30/2025 Sold Out 64,804 -64,804 $539,000
TPR
09/30/2025 Reduce -20.1% 14,018 -3,520 $398,504.78
09/30/2025 Reduce -18.2% 27,224 -6,073 $352,012.71

Scott Black's Sector Breakdowns

Portfolio Date:

About Scott Black

Scott Black is an American value investor and the founder of Delphi Management, an investment advisory firm based in Boston. He is a well-known practitioner of the value investing principles espoused by Benjamin Graham and David Dodd. Black has a long track record of successful investment management and is also an avid art collector and philanthropist.

Frequently Asked Questions

As of 2025-09-30, Scott Black holds 80 stocks. Top positions include BRK.B, AAPL, KLAC, SNX, LRCX. For full portfolio details, please visit Scott Black’s portfolio.

In Q3 2025, Scott Black’s largest purchase by dollar amount was BHB. For complete transaction details, please visit Scott Black’s portfolio.

According to the 13F filing for Q3 2025, Scott Black increased their stake in FI.

Scott Black’s firm may occasionally request confidential treatment under SEC rule 13F-HR, which allows temporary non-disclosure of certain positions.