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 |
Wendy's
WEN
|
+$11.8M |
| 2 |
Berkshire Hathaway Class B
BRK.B
|
+$1.41M |
| 3 |
AT&T
T
|
+$1.38M |
| 4 |
Sumitomo Mitsui Financial Group, Inc American Depositary Shares (each representing 1.2 shares of Common Stock)
SMFG
|
+$1.38M |
| 5 |
AerCap
AER
|
+$1.17M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Stryker
SYK
|
+$12.7M |
| 2 |
CELG
Celgene Corp
CELG
|
+$5.81M |
| 3 |
iShares Intermediate Government/Credit Bond ETF
GVI
|
+$5.67M |
| 4 |
Honda
HMC
|
+$1.88M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$1.27M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 73.85% |
| 2 | Miscellaneous | 15.45% |
| 3 | Financials | 2.37% |
| 4 | Technology | 2.3% |
| 5 | Consumer Discretionary | 1.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Stryker
SYK
$124B
| $4.56B | 72.1% |
22,152,133
-66,583
| -0.3% | -$12.7M |
2013 Q2
24 quarters
|
|
|
2
iShares Core S&P 500 ETF
IVV
$847B
| $468M | 7.41% |
1,588,853
-4,385
| -0.3% | -$1.27M |
2013 Q2
24 quarters
|
|
3
iShares Core S&P Mid-Cap ETF
IJH
$121B
| $84.8M | 1.34% |
2,183,470
+3,725
| +0.2% | +$143K |
2013 Q2
24 quarters
|
|
4
iShares MSCI EAFE ETF
EFA
$75.6B
| $84.6M | 1.34% |
1,286,772
+3,468
| +0.3% | +$227K |
2013 Q2
24 quarters
|
|
5
iShares Core S&P Small-Cap ETF
IJR
$103B
| $56.2M | 0.89% |
717,744
+1,507
| +0.2% | +$117K |
2013 Q2
24 quarters
|
|
6
iShares MSCI Emerging Markets ETF
EEM
$27.5B
| $44.4M | 0.7% |
1,034,455
+10,585
| +1% | +$449K |
2015 Q3
15 quarters
|
|
7
NYLIM Merger Arbitrage ETF
MNA
$261M
| $43.9M | 0.7% |
1,392,561
+32,959
| +2% | +$1.05M |
2018 Q2
4 quarters
|
|
|
8
iShares Intermediate Government/Credit Bond ETF
GVI
$3.85B
| $35.2M | 0.56% |
313,225
-51,211
| -14% | -$5.67M |
2018 Q4
2 quarters
|
|
9
iShares S&P 500 Value ETF
IVE
$49.9B
| $30.9M | 0.49% |
265,001
-258
| -0.1% | -$29.6K |
2013 Q2
24 quarters
|
|
10
Apple
AAPL
$4.98T
| $28.1M | 0.44% |
567,868
+10,396
| +2% | +$507K |
2013 Q2
24 quarters
|
|
11
iShares S&P 500 Growth ETF
IVW
$72.1B
| $26.2M | 0.42% |
585,684
+17,448
| +3% | +$767K |
2013 Q2
24 quarters
|
|
12
Visa
V
$790B
| $23.8M | 0.38% |
137,338
-3,881
| -3% | -$635K |
2013 Q2
24 quarters
|
|
13
Microsoft
MSFT
$3.94T
| $21.2M | 0.34% |
158,020
-6,153
| -4% | -$781K |
2013 Q2
24 quarters
|
|
14
Alphabet (Google) Class C
GOOG
$3.49T
| $18.7M | 0.3% |
346,840
+8,880
| +3% | +$512K |
2013 Q2
24 quarters
|
|
|
15
Berkshire Hathaway Class B
BRK.B
$1.22T
| $18.6M | 0.3% |
87,487
+6,826
| +8% | +$1.41M |
2013 Q2
24 quarters
|
|
16
PayPal
PYPL
$49.2B
| $16M | 0.25% |
139,712
-2,154
| -2% | -$239K |
2015 Q3
15 quarters
|
|
17
Amazon
AMZN
$2.8T
| $15.3M | 0.24% |
161,920
+11,020
| +7% | +$1.03M |
2016 Q3
11 quarters
|
|
18
Honeywell
HON
$69.7B
| $14.8M | 0.23% |
89,882
-272
| -0.3% | -$43.3K |
2013 Q2
24 quarters
|
|
19
PepsiCo
PEP
$193B
| $14.6M | 0.23% |
111,600
+341
| +0.3% | +$43.7K |
2013 Q2
24 quarters
|
|
20
American Tower
AMT
$87.6B
| $13.8M | 0.22% |
67,496
-163
| -0.2% | -$32.8K |
2016 Q2
12 quarters
|
|
21
Meta Platforms (Facebook)
META
$1.56T
| $13.7M | 0.22% |
71,224
+4,469
| +7% | +$817K |
2016 Q3
11 quarters
|
|
22
Starbucks
SBUX
$120B
| $13.5M | 0.21% |
160,978
-1,473
| -0.9% | -$116K |
2013 Q2
24 quarters
|
|
23
Roper Technologies
ROP
$47.2B
| $13.1M | 0.21% |
35,724
-202
| -0.6% | -$71.7K |
2016 Q3
11 quarters
|
|
24
Sherwin-Williams
SHW
$83.1B
| $12.3M | 0.19% |
80,607
-768
| -0.9% | -$115K |
2015 Q2
16 quarters
|
|
|
25
Wendy's
WEN
$1.55B
| $12.3M | 0.19% |
+628,202
| New | +$11.8M |
2019 Q2
0 quarters
|
|
Similar funds
Greenleaf Trust's Q2 2019 Portfolio in Review
As of Q2 2019, Greenleaf Trust held 572 positions worth $6.32B, up 4.1% from $6.07B the previous quarter. Its ten largest holdings account for 86% of the portfolio.
Greenleaf Trust's Q2 2019 filing shows 47 new, 272 increased, 167 reduced and 31 closed positions. Its largest new stake was Wendy's: 628,202 shares worth $12.3M. The largest sale was Stryker, an estimated $12.7M.
By sector, the portfolio is most concentrated in Healthcare at 74% of assets, down from 74% a quarter earlier, followed by Miscellaneous and Financials.
- Greenleaf Trust's largest Q2 2019 buy was Wendy's: 628,202 shares worth $12.3M.
- Greenleaf Trust added most to Berkshire Hathaway Class B in Q2 2019, an estimated $1.41M increase.
- Greenleaf Trust's biggest Q2 2019 reduction was Stryker, cutting an estimated $12.7M.
- Greenleaf Trust fully exited Ultimate Software Group Inc in Q2 2019, selling an estimated $1.2M.
- Greenleaf Trust's ten largest holdings make up 86% of its $6.32B portfolio in Q2 2019.
- Greenleaf Trust opened 47 new positions and closed 31 in Q2 2019.
- Greenleaf Trust's portfolio value rose 4.1% quarter-over-quarter to $6.32B.
Based on Greenleaf Trust's 13F filing for Q2 2019, filed 24 Jul 2019.