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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$26.1M |
| 2 |
Microsoft
MSFT
|
+$18.7M |
| 3 |
Eli Lilly
LLY
|
+$14.3M |
| 4 |
Vanguard FTSE All-World ex-US ETF
VEU
|
+$13.9M |
| 5 |
Northern Trust Ultra-Short Fixed Income ETF
RAVI
|
+$11M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Stryker
SYK
|
+$13.9M |
| 2 |
iShares Core S&P Total US Stock Market ETF
ITOT
|
+$1.01M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$958K |
| 4 |
Canadian Pacific Kansas City
CP
|
+$652K |
| 5 |
NYLIM Hedge Multi-Strategy Tracker ETF
QAI
|
+$566K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 62.16% |
| 2 | Miscellaneous | 19.49% |
| 3 | Technology | 5.09% |
| 4 | Financials | 3.37% |
| 5 | Consumer Discretionary | 2.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Stryker
SYK
$118B
| $4.01B | 59.37% |
19,807,060
-66,055
| -0.3% | -$13.9M |
2013 Q2
37 quarters
|
|
2
iShares Core S&P 500 ETF
IVV
$875B
| $611M | 9.04% |
1,703,688
+21,671
| +1% | +$8.65M |
2013 Q2
37 quarters
|
|
3
iShares Core MSCI EAFE ETF
IEFA
$191B
| $135M | 1.99% |
2,554,694
+118,794
| +5% | +$6.99M |
2017 Q1
22 quarters
|
|
4
Apple
AAPL
$5.18T
| $97.2M | 1.44% |
703,515
+21,827
| +3% | +$3.43M |
2013 Q2
37 quarters
|
|
5
iShares Core S&P Mid-Cap ETF
IJH
$124B
| $96.7M | 1.43% |
2,204,205
+42,970
| +2% | +$2.08M |
2013 Q2
37 quarters
|
|
6
NYLIM Merger Arbitrage ETF
MNA
$276M
| $81.3M | 1.2% |
2,599,827
+40,219
| +2% | +$1.27M |
2018 Q2
17 quarters
|
|
|
7
Microsoft
MSFT
$3.89T
| $80.4M | 1.19% |
345,239
+70,900
| +26% | +$18.7M |
2013 Q2
37 quarters
|
|
8
iShares Core S&P Small-Cap ETF
IJR
$106B
| $63.8M | 0.94% |
732,018
+14,552
| +2% | +$1.41M |
2013 Q2
37 quarters
|
|
9
Amazon
AMZN
$2.88T
| $52M | 0.77% |
459,831
+20,812
| +5% | +$2.63M |
2016 Q3
24 quarters
|
|
10
Visa
V
$794B
| $41.4M | 0.61% |
233,311
-568
| -0.2% | -$116K |
2013 Q2
37 quarters
|
|
11
iShares MSCI Emerging Markets ETF
EEM
$28.2B
| $40.1M | 0.59% |
1,150,825
+7,818
| +0.7% | +$305K |
2015 Q3
28 quarters
|
|
12
Alphabet (Google) Class C
GOOG
$3.6T
| $39.2M | 0.58% |
407,769
+1,569
| +0.4% | +$175K |
2013 Q2
37 quarters
|
|
13
Berkshire Hathaway Class B
BRK.B
$1.26T
| $38M | 0.56% |
142,303
+2,322
| +2% | +$661K |
2013 Q2
37 quarters
|
|
14
American Tower
AMT
$88.9B
| $31.9M | 0.47% |
148,709
-2,101
| -1% | -$540K |
2016 Q2
25 quarters
|
|
|
15
State Street SPDR S&P 500 ETF Trust
SPY
$800B
| $29.2M | 0.43% |
81,869
+65,751
| +408% | +$26.1M |
2013 Q2
37 quarters
|
|
16
PepsiCo
PEP
$198B
| $24.8M | 0.37% |
152,005
+5,859
| +4% | +$1.01M |
2013 Q2
37 quarters
|
|
17
Danaher
DHR
$164B
| $24.7M | 0.37% |
108,018
+5,896
| +6% | +$1.44M |
2015 Q4
27 quarters
|
|
18
Alphabet (Google) Class A
GOOGL
$3.64T
| $24.6M | 0.36% |
257,032
+18,312
| +8% | +$2.03M |
2015 Q4
27 quarters
|
|
19
iShares S&P 500 Growth ETF
IVW
$73.4B
| $23.9M | 0.35% |
413,966
-1,194
| -0.3% | -$77.6K |
2013 Q2
37 quarters
|
|
20
iShares S&P 500 Value ETF
IVE
$51.6B
| $22.4M | 0.33% |
174,033
+1,542
| +0.9% | +$218K |
2013 Q2
37 quarters
|
|
|
21
Eli Lilly
LLY
$1.29T
| $22M | 0.33% |
68,073
+45,191
| +197% | +$14.3M |
2016 Q4
23 quarters
|
|
22
Dollar General
DG
$29.6B
| $19.7M | 0.29% |
82,301
-1,532
| -2% | -$378K |
2017 Q1
22 quarters
|
|
|
23
iShares MSCI EAFE ETF
EFA
$77.3B
| $18.8M | 0.28% |
335,570
-15,370
| -4% | -$958K |
2013 Q2
37 quarters
|
|
24
Starbucks
SBUX
$121B
| $18.6M | 0.28% |
221,292
+8,634
| +4% | +$733K |
2013 Q2
37 quarters
|
|
25
Honeywell
HON
$70.6B
| $18.5M | 0.27% |
117,356
+1,599
| +1% | +$279K |
2013 Q2
37 quarters
|
|
Similar funds
Greenleaf Trust's Q3 2022 Portfolio in Review
As of Q3 2022, Greenleaf Trust held 752 positions worth $6.76B, up 2.3% from $6.61B the previous quarter. Its ten largest holdings account for 78% of the portfolio.
Greenleaf Trust deployed $247M of net new capital in Q3 2022, opening 39 new positions and adding to 398 existing holdings. Its largest new stake was Northern Trust iBoxx 3-Year Target Duration TIPS ETF: 144,427 shares worth $3.38M.
By sector, the portfolio is most concentrated in Healthcare at 62% of assets, down from 62% a quarter earlier, followed by Miscellaneous and Technology.
On the sell side, the largest reduction was Stryker, an estimated $13.9M trimmed.
- Greenleaf Trust's largest Q3 2022 buy was Northern Trust iBoxx 3-Year Target Duration TIPS ETF: 144,427 shares worth $3.38M.
- Greenleaf Trust added most to State Street SPDR S&P 500 ETF Trust in Q3 2022, an estimated $26.1M increase.
- Greenleaf Trust's biggest Q3 2022 reduction was Stryker, cutting an estimated $13.9M.
- Greenleaf Trust fully exited NYLIM Hedge Multi-Strategy Tracker ETF in Q3 2022, selling an estimated $566K.
- Greenleaf Trust's ten largest holdings make up 78% of its $6.76B portfolio in Q3 2022.
- Greenleaf Trust opened 39 new positions and closed 45 in Q3 2022.
- Greenleaf Trust's portfolio value rose 2.3% quarter-over-quarter to $6.76B.
Based on Greenleaf Trust's 13F filing for Q3 2022, filed 10 Nov 2022.