Greenleaf Trust Portfolio holdings
Greenleaf Trust is a privately held, trust-only bank that manages wealth and administers trusts for families. Bill Johnston started it in 1998 after national banks had swallowed up many regional and community banks, wanting a locally owned firm with fiduciary expertise that would serve families across generations. Johnston had already launched a sister firm, Greenleaf Asset Management, in 1991, and the two merged in 2002. The bank builds portfolios around what matters most to each client, whether personal, family-focused or charitable, and avoids selling its own proprietary products. It opened a separate bank, Greenleaf Trust Delaware, in 2018.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Polaris
PII
|
+$13.3M |
| 2 |
Sherwin-Williams
SHW
|
+$12.3M |
| 3 |
Procter & Gamble
PG
|
+$11.6M |
| 4 |
US Bancorp
USB
|
+$11.4M |
| 5 |
Honeywell
HON
|
+$10.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Stryker
SYK
|
+$63.8M |
| 2 |
Omnicom Group
OMC
|
+$17.6M |
| 3 |
SNI
Scripps Networks Interactive, Inc Common Class A
SNI
|
+$11.5M |
| 4 |
Knowles
KN
|
+$10.8M |
| 5 |
Norfolk Southern
NSC
|
+$10.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 81.78% |
| 2 | Financials | 3.93% |
| 3 | Technology | 3.14% |
| 4 | Miscellaneous | 3.11% |
| 5 | Communication Services | 2.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Stryker
SYK
$124B
| $2.61B | 78.74% |
28,070,660
-667,100
| -2% | -$63.8M |
2013 Q2
10 quarters
|
|
|
CELG
2
DELISTED
Celgene Corp
CELG
| $30M | 0.91% |
250,636
-8,389
| -3% | -$971K |
2013 Q2
10 quarters
|
|
3
Wells Fargo
WFC
$252B
| $28.4M | 0.86% |
522,392
+4,678
| +0.9% | +$254K |
2013 Q2
10 quarters
|
|
4
Broadridge
BR
$21.5B
| $22.7M | 0.69% |
423,101
-6,340
| -1% | -$356K |
2013 Q2
10 quarters
|
|
5
AB InBev
BUD
$165B
| $22.7M | 0.68% |
181,239
-1,650
| -0.9% | -$200K |
2015 Q2
2 quarters
|
|
|
ESRX
6
DELISTED
Express Scripts Holding Company
ESRX
| $20.7M | 0.63% |
237,295
-14,270
| -6% | -$1.22M |
2014 Q2
6 quarters
|
|
7
People Inc
PPLI
$3.16B
| $20.4M | 0.62% |
1,898,701
-14,856
| -0.8% | -$172K |
2013 Q4
8 quarters
|
|
8
Chubb
CB
$139B
| $20.2M | 0.61% |
172,731
+659
| +0.4% | +$74.6K |
2013 Q2
10 quarters
|
|
9
PepsiCo
PEP
$193B
| $19.7M | 0.59% |
197,096
-454
| -0.2% | -$45.3K |
2013 Q2
10 quarters
|
|
10
Check Point Software Technologies
CHKP
$14.7B
| $19.1M | 0.58% |
234,961
-99,521
| -30% | -$8.25M |
2013 Q2
10 quarters
|
|
|
ITC
11
DELISTED
ITC HOLDINGS CORP
ITC
| $18.8M | 0.57% |
478,450
+3,195
| +0.7% | +$111K |
2015 Q3
1 quarter
|
|
12
Apple
AAPL
$4.98T
| $18.3M | 0.55% |
695,432
+116
| +0% | +$3.32K |
2013 Q2
10 quarters
|
|
13
iShares Core S&P 500 ETF
IVV
$853B
| $17.6M | 0.53% |
85,937
+14,263
| +20% | +$2.95M |
2013 Q2
10 quarters
|
|
14
Bankunited
BKU
$3.14B
| $17.4M | 0.53% |
483,299
+1,800
| +0.4% | +$66.9K |
2014 Q2
6 quarters
|
|
15
Gilead Sciences
GILD
$207B
| $16.9M | 0.51% |
167,242
-2,126
| -1% | -$221K |
2015 Q2
2 quarters
|
|
16
Aflac
AFL
$61.4B
| $15.5M | 0.47% |
516,864
-1,290
| -0.2% | -$40.2K |
2013 Q4
8 quarters
|
|
17
Cinemark Holdings
CNK
$4.51B
| $15.3M | 0.46% |
458,180
-13,000
| -3% | -$449K |
2014 Q2
6 quarters
|
|
18
PayPal
PYPL
$49.2B
| $14.9M | 0.45% |
410,545
-3,070
| -0.7% | -$108K |
2015 Q3
1 quarter
|
|
19
Dover
DOV
$27.1B
| $14.4M | 0.43% |
290,768
-384
| -0.1% | -$19.5K |
2013 Q2
10 quarters
|
|
|
20
Procter & Gamble
PG
$383B
| $14M | 0.42% |
176,353
+152,198
| +630% | +$11.6M |
2013 Q2
10 quarters
|
|
21
NetApp
NTAP
$33.2B
| $13.6M | 0.41% |
514,413
-3,845
| -0.7% | -$120K |
2013 Q2
10 quarters
|
|
|
22
Sherwin-Williams
SHW
$83.1B
| $12.6M | 0.38% |
145,719
+142,719
| +4,757% | +$12.3M |
2015 Q2
2 quarters
|
|
23
Verizon
VZ
$189B
| $12.3M | 0.37% |
265,704
+205,829
| +344% | +$9.35M |
2013 Q2
10 quarters
|
|
24
iShares MSCI EAFE ETF
EFA
$75.6B
| $11.9M | 0.36% |
203,311
-57,042
| -22% | -$3.44M |
2013 Q2
10 quarters
|
|
25
Suncor Energy
SU
$79.1B
| $11.8M | 0.35% |
455,737
-23,451
| -5% | -$647K |
2013 Q2
10 quarters
|
|
Similar funds
Greenleaf Trust's Q4 2015 Portfolio in Review
As of Q4 2015, Greenleaf Trust held 195 positions worth $3.31B, down 1.1% from $3.35B the previous quarter. Its ten largest holdings account for 85% of the portfolio.
Greenleaf Trust's Q4 2015 filing shows 15 new, 42 increased, 75 reduced and 29 closed positions. Its largest new stake was Polaris: 125,370 shares worth $10.8M. The largest sale was Stryker, an estimated $63.8M.
By sector, the portfolio is most concentrated in Healthcare at 82% of assets, down from 83% a quarter earlier, followed by Financials and Technology.
- Greenleaf Trust's largest Q4 2015 buy was Polaris: 125,370 shares worth $10.8M.
- Greenleaf Trust added most to Sherwin-Williams in Q4 2015, an estimated $12.3M increase.
- Greenleaf Trust's biggest Q4 2015 reduction was Stryker, cutting an estimated $63.8M.
- Greenleaf Trust fully exited eBay in Q4 2015, selling an estimated $10.1M.
- Greenleaf Trust's ten largest holdings make up 85% of its $3.31B portfolio in Q4 2015.
- Greenleaf Trust opened 15 new positions and closed 29 in Q4 2015.
- Greenleaf Trust's portfolio value fell 1.1% quarter-over-quarter to $3.31B.
Based on Greenleaf Trust's 13F filing for Q4 2015, filed 5 Feb 2016.