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 |
iShares Core S&P 500 ETF
IVV
|
+$5.72M |
| 2 |
S&P Global
SPGI
|
+$4.79M |
| 3 |
iShares Core S&P Small-Cap ETF
IJR
|
+$1.55M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$1.44M |
| 5 |
Microsoft
MSFT
|
+$1.44M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Stryker
SYK
|
+$130M |
| 2 |
iShares Intermediate Government/Credit Bond ETF
GVI
|
+$8.37M |
| 3 |
Wendy's
WEN
|
+$5.98M |
| 4 |
Sabre
SABR
|
+$4.7M |
| 5 |
Steelcase
SCS
|
+$3.14M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 74.04% |
| 2 | Miscellaneous | 15.17% |
| 3 | Financials | 2.45% |
| 4 | Technology | 2.27% |
| 5 | Consumer Discretionary | 1.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Stryker
SYK
$118B
| $4.66B | 72.4% |
21,544,702
-607,431
| -3% | -$130M |
2013 Q2
25 quarters
|
|
|
2
iShares Core S&P 500 ETF
IVV
$875B
| $480M | 7.46% |
1,608,083
+19,230
| +1% | +$5.72M |
2013 Q2
25 quarters
|
|
|
3
iShares Core S&P Mid-Cap ETF
IJH
$124B
| $85.8M | 1.33% |
2,220,955
+37,485
| +2% | +$1.44M |
2013 Q2
25 quarters
|
|
4
iShares MSCI EAFE ETF
EFA
$77.3B
| $84M | 1.3% |
1,287,436
+664
| +0.1% | +$42.8K |
2013 Q2
25 quarters
|
|
|
5
iShares Core S&P Small-Cap ETF
IJR
$106B
| $57.4M | 0.89% |
737,718
+19,974
| +3% | +$1.55M |
2013 Q2
25 quarters
|
|
6
NYLIM Merger Arbitrage ETF
MNA
$276M
| $45.3M | 0.7% |
1,413,117
+20,556
| +1% | +$654K |
2018 Q2
5 quarters
|
|
7
iShares MSCI Emerging Markets ETF
EEM
$28.2B
| $41M | 0.64% |
1,003,078
-31,377
| -3% | -$1.3M |
2015 Q3
16 quarters
|
|
8
Apple
AAPL
$5.18T
| $32.9M | 0.51% |
587,168
+19,300
| +3% | +$1.01M |
2013 Q2
25 quarters
|
|
9
iShares S&P 500 Value ETF
IVE
$51.6B
| $31.2M | 0.49% |
262,042
-2,959
| -1% | -$347K |
2013 Q2
25 quarters
|
|
|
10
iShares Intermediate Government/Credit Bond ETF
GVI
$3.83B
| $27.1M | 0.42% |
238,990
-74,235
| -24% | -$8.37M |
2018 Q4
3 quarters
|
|
11
iShares S&P 500 Growth ETF
IVW
$73.4B
| $25.9M | 0.4% |
576,324
-9,360
| -2% | -$423K |
2013 Q2
25 quarters
|
|
12
Visa
V
$794B
| $24M | 0.37% |
139,348
+2,010
| +1% | +$358K |
2013 Q2
25 quarters
|
|
|
13
Microsoft
MSFT
$3.89T
| $23.4M | 0.36% |
168,480
+10,460
| +7% | +$1.44M |
2013 Q2
25 quarters
|
|
14
Alphabet (Google) Class C
GOOG
$3.6T
| $21.3M | 0.33% |
349,320
+2,480
| +0.7% | +$147K |
2013 Q2
25 quarters
|
|
15
Berkshire Hathaway Class B
BRK.B
$1.26T
| $18.9M | 0.29% |
90,828
+3,341
| +4% | +$688K |
2013 Q2
25 quarters
|
|
16
PepsiCo
PEP
$198B
| $15.8M | 0.25% |
115,031
+3,431
| +3% | +$456K |
2013 Q2
25 quarters
|
|
17
American Tower
AMT
$88.9B
| $15.1M | 0.23% |
68,364
+868
| +1% | +$189K |
2016 Q2
13 quarters
|
|
18
Amazon
AMZN
$2.88T
| $14.8M | 0.23% |
170,260
+8,340
| +5% | +$773K |
2016 Q3
12 quarters
|
|
19
PayPal
PYPL
$49.2B
| $14.7M | 0.23% |
142,209
+2,497
| +2% | +$275K |
2015 Q3
16 quarters
|
|
20
Starbucks
SBUX
$121B
| $14.5M | 0.23% |
163,794
+2,816
| +2% | +$261K |
2013 Q2
25 quarters
|
|
21
Sherwin-Williams
SHW
$84.5B
| $14.4M | 0.22% |
78,441
-2,166
| -3% | -$368K |
2015 Q2
17 quarters
|
|
22
Honeywell
HON
$70.6B
| $14.4M | 0.22% |
90,019
+137
| +0.2% | +$21.8K |
2013 Q2
25 quarters
|
|
23
Meta Platforms (Facebook)
META
$1.64T
| $13.1M | 0.2% |
73,771
+2,547
| +4% | +$484K |
2016 Q3
12 quarters
|
|
24
Edwards Lifesciences
EW
$61.6B
| $13.1M | 0.2% |
178,359
-1,701
| -0.9% | -$119K |
2016 Q1
14 quarters
|
|
25
Roper Technologies
ROP
$47.5B
| $12.6M | 0.2% |
35,368
-356
| -1% | -$129K |
2016 Q3
12 quarters
|
|
Similar funds
Greenleaf Trust's Q3 2019 Portfolio in Review
As of Q3 2019, Greenleaf Trust held 601 positions worth $6.44B, up 1.9% from $6.32B the previous quarter. Its ten largest holdings account for 86% of the portfolio.
Greenleaf Trust's Q3 2019 filing shows 60 new, 288 increased, 144 reduced and 46 closed positions. Its largest new stake was POSCO: 15,860 shares worth $748K. The largest sale was Stryker, an estimated $130M.
By sector, the portfolio is most concentrated in Healthcare at 74% of assets, up from 74% a quarter earlier, followed by Miscellaneous and Financials.
- Greenleaf Trust's largest Q3 2019 buy was POSCO: 15,860 shares worth $748K.
- Greenleaf Trust added most to iShares Core S&P 500 ETF in Q3 2019, an estimated $5.72M increase.
- Greenleaf Trust's biggest Q3 2019 reduction was Stryker, cutting an estimated $130M.
- Greenleaf Trust fully exited iShares Global Financials ETF in Q3 2019, selling an estimated $1.37M.
- Greenleaf Trust's ten largest holdings make up 86% of its $6.44B portfolio in Q3 2019.
- Greenleaf Trust opened 60 new positions and closed 46 in Q3 2019.
- Greenleaf Trust's portfolio value rose 1.9% quarter-over-quarter to $6.44B.
Based on Greenleaf Trust's 13F filing for Q3 2019, filed 8 Nov 2019.