SEC Filing Analysis: DELPHI MANAGEMENT INC /MA/

Executive Summary

• Trading Significance: Low
• Key Takeaway: DELPHI MANAGEMENT INC /MA/ has filed its quarterly Form 13F-HR, disclosing a total of $107,797,000 in assets under management across 81 positions as of September 30, 2025. This is a standard institutional disclosure and is not indicative of a specific insider transaction.
• Market Impact: The market impact of this filing is expected to be minimal. It is a routine, backward-looking report from a small-to-mid-sized investment manager.

Filer Information

Field	Value
Company	DELPHI MANAGEMENT INC /MA/
Ticker Symbol	null
CIK	0000767684
Type	Investment Manager

Insider Information

Field	Value
Name	null
CIK	null
Title/Position	null
Relationship	null

Note: This is a Form 13F-HR, an institutional investment manager report, not an insider trading filing (Form 4). The filer is the institution itself.

Portfolio Summary (as of 2025-09-30)

Field	Value
Form Type	13F-HR
Period of Report	2025-09-30
Total Holdings Value	$107,797,000
Number of Holdings	81
Top 5 Holdings by Value	Berkshire Hathaway ($2.6M), Apple ($2.1M), KLA Corp ($1.7M), Lam Research ($1.7M), Applied Materials ($1.7M)

Market Impact Analysis

Stock Impact Prediction

• Direction: Neutral
• Reasoning: Form 13F filings are informational and report positions held at the end of the previous quarter. They are backward-looking and do not typically cause significant market reactions unless a highly influential fund discloses a very large or unexpected new position, which is not the case here.

Volume & Sentiment

• Expected Volume Impact: Negligible. This filing is unlikely to drive trading volume in the underlying securities.
• Sentiment Indicator: Neutral. The filing provides a snapshot of a diversified portfolio and does not signal a strong bullish or bearish conviction on the market as a whole.

Investment Insights

Portfolio Strategy Indicators

• Diversification: The fund holds 81 positions, indicating a well-diversified strategy.
• Sector Focus: The top holdings suggest a focus on large-cap companies, particularly in the technology (Apple, KLA, Lam Research) and financial (Berkshire Hathaway) sectors.
• Value-Oriented: Many of the names in the portfolio are established, value-oriented companies.

Key Takeaways

1. Routine Disclosure: This is a standard compliance filing required for institutional investment managers with over $100 million in qualifying assets.
2. Backward-Looking Data: The holdings are reported as of September 30, 2025, and may not reflect the fund's current positions.
3. No Insider Signal: Unlike a Form 4, a 13F does not provide a signal from a corporate insider. It reflects the portfolio decisions of an external investment manager.

Contextual Analysis

Timing Significance

Filed on October 15, 2025, this report covers the period ending September 30, 2025. This is within the standard 45-day window following a quarter's end. The data is up to 45 days old and should be viewed in that context.

Transaction Context

This form does not detail individual buy or sell transactions. It is an aggregate report of holdings on a specific date. Therefore, analysis of transaction codes, prices, or specific trade dates is not applicable.

Company Context

Delphi Management Inc is an investment management firm based in Massachusetts. This filing provides transparency into its equity holdings for regulatory purposes.

Risk Assessment

Risk Level: Low

Risk Factors

• Data Lag: The primary risk in interpreting this data is the time lag. The fund's portfolio could have changed significantly since the reporting date.
• Lack of Context: The filing does not explain the rationale behind the investment decisions.
• No Short Positions: 13F filings do not require the disclosure of short positions, providing an incomplete picture of the fund's overall market view.

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IMPORTANT DISCLAIMER: This analysis is for informational purposes only and is not intended as investment advice. The information presented is based on publicly available SEC filings and should not be construed as a recommendation to buy, sell, or hold any securities. Past performance does not guarantee future results. All investments carry risk, including the potential loss of principal. Please consult with a qualified financial advisor before making any investment decisions.

Analysis generated on 2025-10-15 | Data source: SEC EDGAR