Managed Asset Portfolios, Llc
- Regulatory AUM
- $1.3B
- Discretionary
- $1.2B
- Clients
- 1,663
- Avg AUM / client
- $762K
- Accounts
- 1,955
- Employees
- 22
AUM over time
Annual snapshots from Form ADV filings · as of Jul 13, 2026
Investments (13F portfolio — 51 positions, $834,419,053)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Chevron Corporation | COM | $48,103,986 | 232,499 | 5.77% | 3.8% |
| 2 | Sprott Physical Gold & Silver | COM | $45,881,826 | 961,480 | 5.5% | 3.62% |
| 3 | Applied Materials | COM | $37,023,219 | 108,322 | 4.44% | 2.92% |
| 4 | National Fuel Gas Company | COM | $36,440,516 | 387,830 | 4.37% | 2.88% |
| 5 | Takeda Pharmaceutical Company | COM | $33,306,334 | 1,798,398 | 3.99% | 2.63% |
| 6 | Sanofi Adr | COM | $32,684,156 | 678,376 | 3.92% | 2.58% |
| 7 | Bunge Global Sa Npv | COM | $31,498,487 | 247,630 | 3.77% | 2.49% |
| 8 | Microsoft | COM | $30,499,483 | 82,393 | 3.66% | 2.41% |
| 9 | Cisco Systems Inc | COM | $29,946,778 | 385,962 | 3.59% | 2.36% |
| 10 | Alphabet Inc Cl C | COM | $29,742,686 | 103,684 | 3.56% | 2.35% |
| 11 | Verizon Communications | COM | $29,574,980 | 589,143 | 3.54% | 2.34% |
| 12 | Medtronic Plc | COM | $26,900,947 | 310,455 | 3.22% | 2.12% |
| 13 | Tetra Tech Inc | COM | $26,712,181 | 886,859 | 3.2% | 2.11% |
| 14 | Novartis Ag Adr | COM | $25,094,983 | 164,288 | 3.01% | 1.98% |
| 15 | Honeywell International Inc | COM | $23,471,830 | 103,844 | 2.81% | 1.85% |
| 16 | Aon Plc | COM | $23,115,302 | 71,613 | 2.77% | 1.83% |
| 17 | Orange Adr | COM | $22,370,025 | 1,092,820 | 2.68% | 1.77% |
| 18 | Meta Platforms, Inc. | COM | $21,993,492 | 38,441 | 2.64% | 1.74% |
| 19 | Walmart Inc. | COM | $21,963,234 | 176,724 | 2.63% | 1.73% |
| 20 | Mdu Resources Group Inc. | COM | $21,495,062 | 1,037,406 | 2.58% | 1.7% |
| 21 | Johnson & Johnson | COM | $19,933,121 | 81,546 | 2.39% | 1.57% |
| 22 | Spdr Bloomberg Barclays 1 3 Mo | COM | $18,954,793 | 206,840 | 2.27% | 1.5% |
| 23 | The Mosaic Company | COM | $18,569,729 | 728,225 | 2.23% | 1.47% |
| 24 | Visa Inc. Cl A | COM | $18,472,384 | 61,118 | 2.21% | 1.46% |
| 25 | Price Smart Inc | COM | $17,285,315 | 114,853 | 2.07% | 1.36% |
Top 25 of 51 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 1,394 | $419M | 33.1% |
| High net worth individuals | 226 | $496M | 39.1% |
| Investment companies | 2 | $99.9M | 7.89% |
| Pooled investment vehicles (non-investment companies) | 1 | $9.3M | 0.73% |
| Charitable organizations | 9 | $5.4M | 0.43% |
| State or municipal government entities | Fewer than 5 clients | $146M | 11.5% |
| Corporations and other businesses | 31 | $90.1M | 7.11% |
| Other | Fewer than 5 clients | $1.0M | 0.08% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Radiology Partners, Inc. Partner Plan Radiology Partners, Inc. | 2024 |
People (18)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Michael Stephen Dzialo | President, Chief Investment Officer | Nov 2000 (26y) | 75% or more | |
| Karen Michele Culver | Portfolio Manager | Oct 2004 (22y) | Less than 5% | |
| Thomas Patrick Fitzgerald | Chief Compliance Officer | Jan 2006 (21y) | Less than 5% | |
| Brian David Newcombe | Director Of Operations | Sep 2016 (10y) | Less than 5% | |
| Daniel Scott Patterson | Registered representative | Apr 2010 (16y) | ||
| Peter Jordan Swan | Registered representative | Apr 2010 (16y) | ||
| Robert Charles Naber | Registered representative | Aug 2011 (15y) | ||
| Michael Dennis Rodzik | Registered representative | Oct 2011 (15y) | ||
| Zachary S. Fellows | Registered representative | CFA | Sep 2015 (11y) | |
| Steven John Husovsky | Registered representative | Nov 2015 (11y) | ||
| Dennis Loyd Engel | Registered representative | May 2016 (10y) | ||
| Samuel Edward Morley | Registered representative | Sep 2018 (8y) | ||
| Chad Aaron Simon | Registered representative | Jul 2019 (7y) | ||
| Julie Anne Fici | Registered representative | Dec 2019 (7y) | ||
| Nicolas Andrew Vilotti | Registered representative | Jan 2023 (4y) | ||
| Stephen Michael Dzialo | Registered representative | Oct 2023 (3y) | ||
| Stanley Christopher Perkowski | Registered representative | Jan 2025 (2y) | ||
| Nathan Marshall | Registered representative | Apr 2026 (0y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Radiology Partners, Inc. Partner Plan | Radiology Partners, Inc. | 1,428 | $1.0B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/13/2026 | 988 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Other services
Custody
Reported custodians
- Charles Schwab & Co. $493M (39% of AUM) Jul 2026
- State Street $106M (10% of AUM) Mar 2022
- Robert W. Baird & Co. Incorporated $104M (10% of AUM) Mar 2023
- U.S. Bancorp Investments, Inc. $95.4M (11% of AUM) Aug 2020
- RBC $95.1M (10% of AUM) Mar 2021
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 13, 2026.
View current Form ADV (SEC/IAPD) ↗