We are live on ! Find out more
CA

Cortland Associates Portfolio holdings

AUM $692M
1-Year Est. Return 5%
This Fund
S&P 500
This Quarter Est. Return
+5.99%
1 Year Est. Return
-5%
3 Year Est. Return
+57.07%
5 Year Est. Return
+61.48%
10 Year Est. Return
+413.35%
AUM
$620M
AUM Growth
-$7.64M
Cap. Flow
-$38.1M
Cap. Flow %
-6.13%
Top 10 Hldgs %
69.85%
Holding
53
New
2
Increased
5
Reduced
31
Closed
–

Top Buys

Rank Stock Value
1
FISV
Fiserv Inc
FISV
+$8.5M
2
OWL icon
Blue Owl Capital
OWL
+$2.87M
3
BN icon
Brookfield
BN
+$190K
4
MSFT icon
Microsoft
MSFT
+$2.51K
5
HD icon
Home Depot
HD
+$591

Top Sells

Rank Stock Value
1
FCNCA icon
First Citizens BancShares
FCNCA
+$29.9M
2
V icon
Visa
V
+$4.34M
3
WTW icon
Willis Towers Watson
WTW
+$2.21M
4
CI icon
Cigna
CI
+$1.61M
5
DHR icon
Danaher
DHR
+$1.09M

Sector Composition

Rank Sector Weight
1 Financials 32.97%
2 Healthcare 15.44%
3 Technology 14.41%
4 Consumer Discretionary 13.85%
5 Communication Services 10.26%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SHW icon
26
Sherwin-Williams
SHW
$87.8B
$1.04M 0.17%
3,900
– –
PG icon
27
Procter & Gamble
PG
$345B
$990K 0.16%
6,525
-1,276
-16% -$192K
IVV icon
28
iShares Core S&P 500 ETF
IVV
$900B
$937K 0.15%
2,102
– –
IWB icon
29
iShares Russell 1000 ETF
IWB
$49.9B
$798K 0.13%
3,275
– –
IYY icon
30
iShares Dow Jones US ETF
IYY
$3.05B
$761K 0.12%
7,028
– –
MO icon
31
Altria Group
MO
$114B
$748K 0.12%
16,513
-3,636
-18% -$165K
MDLZ icon
32
Mondelez International
MDLZ
$79.2B
$719K 0.12%
9,858
-2,270
-19% -$168K
MRK icon
33
Merck
MRK
$316B
$656K 0.11%
5,683
-1,032
-15% -$117K
CSCO icon
34
Cisco
CSCO
$480B
$448K 0.07%
8,653
– –
PBA icon
35
Pembina Pipeline
PBA
$28.1B
$375K 0.06%
11,939
– –
GPN icon
36
Global Payments
GPN
$24.1B
$366K 0.06%
3,720
-1,046
-22% -$108K
UNP icon
37
Union Pacific
UNP
$176B
$352K 0.06%
1,721
– –
CAT icon
38
Caterpillar
CAT
$404B
$328K 0.05%
1,334
-106
-7% -$23.6K
K
39
DELISTED
Kellanova
K
$324K 0.05%
5,127
-1,094
-18% -$69.8K
PEP icon
40
PepsiCo
PEP
$190B
$317K 0.05%
1,712
– –
PGR icon
41
Progressive
PGR
$123B
$307K 0.05%
2,319
– –
JNJ icon
42
Johnson & Johnson
JNJ
$614B
$293K 0.05%
1,767
+1
+0.1% +$161
EFG icon
43
iShares MSCI EAFE Growth ETF
EFG
$17B
$285K 0.05%
2,986
– –
MDY icon
44
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.2B
$283K 0.05%
591
– –
PFE icon
45
Pfizer
PFE
$145B
$269K 0.04%
7,336
-1,434
-16% -$55.8K
EFA icon
46
iShares MSCI EAFE ETF
EFA
$79.3B
$245K 0.04%
3,374
– –
HD icon
47
Home Depot
HD
$347B
$227K 0.04%
732
+2
+0.3% +$591
CMI icon
48
Cummins
CMI
$87.8B
$219K 0.04%
893
-214
-19% -$48.5K
BN icon
49
Brookfield
BN
$109B
$201K 0.03%
+8,973
New +$190K
1
2

Similar funds

CL
CIM LLC Albany, New York $692M AUM 22.9% 1-Year Est. Return
CPA
Capital Planning Advisors Roseville, California $692M AUM 21.81% 1-Year Est. Return
NMC
Nine Masts Capital Central, Hong Kong $693M AUM 31.93% 1-Year Est. Return
SSA
South Street Advisors New York $690M AUM 39.17% 1-Year Est. Return
WC
Wexford Capital West Palm Beach, Florida $690M AUM 57.92% 1-Year Est. Return
CGIC
Continental General Insurance Company Austin, Texas $693M AUM 90.58% 1-Year Est. Return
LCP
Larch Capital Partners Miami, Florida $690M AUM
SAM
Southernsun Asset Management Memphis, Tennessee $690M AUM 30.68% 1-Year Est. Return

Cortland Associates's Q2 2023 Portfolio in Review

As of Q2 2023, Cortland Associates held 53 positions worth $620M, down 1.2% from $628M the previous quarter. Its ten largest holdings account for 70% of the portfolio.

Cortland Associates withdrew a net $38.1M in Q2 2023, reducing 31 holdings. Its largest reduction was First Citizens BancShares, cutting an estimated $29.9M.

By sector, the portfolio is most concentrated in Financials at 33% of assets, down from 36% a quarter earlier, followed by Healthcare and Technology.

Against the trend, Cortland Associates opened a new position in Blue Owl Capital worth $3.11M.

  • Cortland Associates's largest Q2 2023 buy was Blue Owl Capital: 266,856 shares worth $3.11M.
  • Cortland Associates added most to Fiserv Inc in Q2 2023, an estimated $8.5M increase.
  • Cortland Associates's biggest Q2 2023 reduction was First Citizens BancShares, cutting an estimated $29.9M.
  • Cortland Associates's ten largest holdings make up 70% of its $620M portfolio in Q2 2023.
  • Cortland Associates opened 2 new positions and closed 0 in Q2 2023.
  • Cortland Associates's portfolio value fell 1.2% quarter-over-quarter to $620M.

Based on Cortland Associates's 13F filing for Q2 2023, filed 3 Aug 2023.