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 |
Stryker
SYK
|
+$39.6M |
| 2 |
S&P Global
SPGI
|
+$3.67M |
| 3 |
Invesco Ultra Short Duration ETF
GSY
|
+$3.65M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$3.45M |
| 5 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$3.09M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$18.2M |
| 2 |
PepsiCo
PEP
|
+$10.4M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$9.14M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
+$5.7M |
| 5 |
iShares MSCI Emerging Markets ETF
EEM
|
+$3.82M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 65.09% |
| 2 | Miscellaneous | 18.6% |
| 3 | Technology | 5.25% |
| 4 | Financials | 2.82% |
| 5 | Consumer Discretionary | 2.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Stryker
SYK
$123B
| $5.93B | 63.04% |
19,437,334
+137,074
| +0.7% | +$39.6M |
2013 Q2
40 quarters
|
|
|
2
iShares Core S&P 500 ETF
IVV
$870B
| $793M | 8.43% |
1,778,278
+8,184
| +0.5% | +$3.45M |
2013 Q2
40 quarters
|
|
3
iShares Core MSCI EAFE ETF
IEFA
$192B
| $172M | 1.83% |
2,548,908
+29,053
| +1% | +$1.97M |
2017 Q1
25 quarters
|
|
4
Apple
AAPL
$5.06T
| $136M | 1.45% |
703,312
-8,058
| -1% | -$1.4M |
2013 Q2
40 quarters
|
|
|
5
iShares Core S&P Mid-Cap ETF
IJH
$125B
| $121M | 1.28% |
2,309,665
+62,145
| +3% | +$3.09M |
2013 Q2
40 quarters
|
|
6
Microsoft
MSFT
$3.96T
| $107M | 1.13% |
313,036
-7,280
| -2% | -$2.28M |
2013 Q2
40 quarters
|
|
|
7
iShares MSCI Emerging Markets ETF
EEM
$28.1B
| $91.6M | 0.97% |
2,314,677
-97,195
| -4% | -$3.82M |
2015 Q3
31 quarters
|
|
8
NYLIM Merger Arbitrage ETF
MNA
$276M
| $81.8M | 0.87% |
2,620,818
+3,115
| +0.1% | +$97.9K |
2018 Q2
20 quarters
|
|
9
iShares Core S&P Small-Cap ETF
IJR
$106B
| $77.4M | 0.82% |
776,759
+22,347
| +3% | +$2.13M |
2013 Q2
40 quarters
|
|
10
Amazon
AMZN
$2.93T
| $61.3M | 0.65% |
470,429
-1,014
| -0.2% | -$116K |
2016 Q3
27 quarters
|
|
11
Visa
V
$789B
| $52.6M | 0.56% |
221,661
-8,167
| -4% | -$1.87M |
2013 Q2
40 quarters
|
|
12
Alphabet (Google) Class C
GOOG
$3.5T
| $51.4M | 0.55% |
424,844
-197
| -0% | -$22.8K |
2013 Q2
40 quarters
|
|
13
Berkshire Hathaway Class B
BRK.B
$1.24T
| $49M | 0.52% |
143,792
-3,117
| -2% | -$1.02M |
2013 Q2
40 quarters
|
|
14
State Street SPDR S&P 500 ETF Trust
SPY
$796B
| $43M | 0.46% |
97,011
-1,971
| -2% | -$827K |
2013 Q2
40 quarters
|
|
15
NVIDIA
NVDA
$4.08T
| $40M | 0.43% |
945,060
-10,300
| -1% | -$342K |
2017 Q1
25 quarters
|
|
16
Meta Platforms (Facebook)
META
$1.64T
| $35.4M | 0.38% |
123,213
-9,003
| -7% | -$2.22M |
2016 Q3
27 quarters
|
|
|
17
iShares MSCI EAFE ETF
EFA
$77.5B
| $33.8M | 0.36% |
465,944
-125,893
| -21% | -$9.14M |
2013 Q2
40 quarters
|
|
18
iShares S&P 500 Growth ETF
IVW
$73B
| $33.5M | 0.36% |
475,274
-1,926
| -0.4% | -$127K |
2013 Q2
40 quarters
|
|
19
Alphabet (Google) Class A
GOOGL
$3.53T
| $30.9M | 0.33% |
258,453
-8,084
| -3% | -$930K |
2015 Q4
30 quarters
|
|
20
Vanguard S&P 500 ETF
VOO
$1.04T
| $30.1M | 0.32% |
73,866
-285
| -0.4% | -$110K |
2020 Q2
12 quarters
|
|
21
American Tower
AMT
$88.3B
| $28.9M | 0.31% |
149,091
-830
| -0.6% | -$162K |
2016 Q2
28 quarters
|
|
22
iShares S&P 500 Value ETF
IVE
$51.3B
| $28.4M | 0.3% |
175,915
-1,456
| -0.8% | -$224K |
2013 Q2
40 quarters
|
|
23
Danaher
DHR
$166B
| $24.1M | 0.26% |
113,382
+3,162
| +3% | +$669K |
2015 Q4
30 quarters
|
|
|
24
S&P Global
SPGI
$137B
| $23.2M | 0.25% |
57,975
+10,052
| +21% | +$3.67M |
2017 Q3
23 quarters
|
|
25
Honeywell
HON
$72.3B
| $22.6M | 0.24% |
115,752
-2,346
| -2% | -$436K |
2013 Q2
40 quarters
|
|
Similar funds
Greenleaf Trust's Q2 2023 Portfolio in Review
As of Q2 2023, Greenleaf Trust held 815 positions worth $9.41B, up 6.3% from $8.85B the previous quarter. Its ten largest holdings account for 80% of the portfolio.
Greenleaf Trust's Q2 2023 filing shows 44 new, 242 increased, 411 reduced and 49 closed positions. Its largest new stake was Gen Digital: 21,518 shares worth $399K. The largest sale was iShares 0-1 Year Treasury Bond ETF, an estimated $18.2M.
By sector, the portfolio is most concentrated in Healthcare at 65% of assets, up from 64% a quarter earlier, followed by Miscellaneous and Technology.
- Greenleaf Trust's largest Q2 2023 buy was Gen Digital: 21,518 shares worth $399K.
- Greenleaf Trust added most to Stryker in Q2 2023, an estimated $39.6M increase.
- Greenleaf Trust's biggest Q2 2023 reduction was iShares 0-1 Year Treasury Bond ETF, cutting an estimated $18.2M.
- Greenleaf Trust fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $1.5M.
- Greenleaf Trust's ten largest holdings make up 80% of its $9.41B portfolio in Q2 2023.
- Greenleaf Trust opened 44 new positions and closed 49 in Q2 2023.
- Greenleaf Trust's portfolio value rose 6.3% quarter-over-quarter to $9.41B.
Based on Greenleaf Trust's 13F filing for Q2 2023, filed 9 Aug 2023.