HM Payson & Co Portfolio holdings
H.M. Payson & Co. is an investment and trust firm founded in 1854 by Henry Martyn Payson, a Portland native who started as a stock and bond broker after returning from the California gold rush. Water utilities were its early specialty: Payson first dealt in water bonds in 1866, as the Portland Water Company took shape, the firm underwrote water bond issues until 1981, and in 1926 two of its partners and five outsiders formed a water utility holding company, Consumer's Water Company, which Payson stayed connected to until 1999. For clients' money it stuck to cautious, blue-chip securities, and in the 1920s it refused to offer margin accounts even though it lost half of its brokerage business in 1928 as a result. The firm later moved trust management from commissions to a fee, and in 2000 it received a state charter to operate as a trust company.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Accenture
ACN
|
+$18.6M |
| 2 |
Viatris
VTRS
|
+$8.12M |
| 3 |
Johnson Controls International
JCI
|
+$7.15M |
| 4 |
Cisco
CSCO
|
+$6.13M |
| 5 |
S&P Global
SPGI
|
+$4.27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ExxonMobil
XOM
|
+$4.97M |
| 2 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$4.74M |
| 3 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$3.94M |
| 4 |
McDonald's
MCD
|
+$3.25M |
| 5 |
Walmart Inc
WMT
|
+$2.52M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.22% |
| 2 | Technology | 15.06% |
| 3 | Financials | 12.86% |
| 4 | Industrials | 12.28% |
| 5 | Miscellaneous | 11.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
ExxonMobil
XOM
$754B
| $83.8M | 4.18% |
893,898
-56,156
| -6% | -$4.97M |
2013 Q2
12 quarters
|
|
2
Johnson & Johnson
JNJ
$662B
| $71.4M | 3.57% |
588,721
-17,446
| -3% | -$1.98M |
2013 Q2
12 quarters
|
|
3
Apple
AAPL
$5.09T
| $50M | 2.5% |
2,092,024
+77,972
| +4% | +$1.94M |
2013 Q2
12 quarters
|
|
4
Pfizer
PFE
$171B
| $49.1M | 2.45% |
1,468,850
+14,486
| +1% | +$462K |
2013 Q2
12 quarters
|
|
5
Microsoft
MSFT
$3.94T
| $48.9M | 2.44% |
956,005
-11,303
| -1% | -$587K |
2013 Q2
12 quarters
|
|
6
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.6B
| $45.5M | 2.27% |
857,694
+55,816
| +7% | +$2.95M |
2013 Q2
12 quarters
|
|
|
7
McDonald's
MCD
$182B
| $43.7M | 2.18% |
362,942
-25,934
| -7% | -$3.25M |
2013 Q2
12 quarters
|
|
8
Procter & Gamble
PG
$372B
| $43.6M | 2.18% |
515,388
-26,780
| -5% | -$2.2M |
2013 Q2
12 quarters
|
|
9
Intel
INTC
$487B
| $41.9M | 2.09% |
1,276,354
+8,148
| +0.6% | +$255K |
2013 Q2
12 quarters
|
|
10
RTX Corp
RTX
$269B
| $41.8M | 2.09% |
647,228
+3,821
| +0.6% | +$245K |
2013 Q2
12 quarters
|
|
11
IBM
IBM
$244B
| $39.2M | 1.96% |
270,148
-6,179
| -2% | -$885K |
2013 Q2
12 quarters
|
|
12
Vanguard FTSE Developed Markets ETF
VEA
$231B
| $38.5M | 1.92% |
1,089,358
+24,539
| +2% | +$887K |
2013 Q2
12 quarters
|
|
13
PepsiCo
PEP
$182B
| $35.3M | 1.76% |
333,536
-5,694
| -2% | -$588K |
2013 Q2
12 quarters
|
|
14
TJX Companies
TJX
$156B
| $34.3M | 1.71% |
887,364
-18,622
| -2% | -$711K |
2013 Q2
12 quarters
|
|
15
Wells Fargo
WFC
$255B
| $33.8M | 1.69% |
714,723
+72,161
| +11% | +$3.52M |
2013 Q2
12 quarters
|
|
16
General Dynamics
GD
$100B
| $33.3M | 1.66% |
239,029
-697
| -0.3% | -$97.2K |
2013 Q2
12 quarters
|
|
17
Abbott
ABT
$181B
| $33.3M | 1.66% |
846,141
+69,897
| +9% | +$2.78M |
2013 Q2
12 quarters
|
|
18
JPMorgan Chase
JPM
$912B
| $33.1M | 1.65% |
532,885
-22,644
| -4% | -$1.41M |
2013 Q2
12 quarters
|
|
19
Berkshire Hathaway Class B
BRK.B
$1.16T
| $32.6M | 1.63% |
225,475
-1,835
| -0.8% | -$262K |
2013 Q2
12 quarters
|
|
20
GE Aerospace
GE
$325B
| $30.5M | 1.52% |
202,245
-15,911
| -7% | -$2.32M |
2013 Q2
12 quarters
|
|
21
Aflac
AFL
$61.9B
| $30.1M | 1.5% |
833,078
-8,570
| -1% | -$293K |
2013 Q2
12 quarters
|
|
22
Diageo
DEO
$50.8B
| $28.7M | 1.43% |
254,489
-1,271
| -0.5% | -$137K |
2013 Q2
12 quarters
|
|
23
Oracle
ORCL
$423B
| $25.2M | 1.26% |
615,850
-19,070
| -3% | -$761K |
2013 Q2
12 quarters
|
|
|
24
Cisco
CSCO
$428B
| $23.7M | 1.18% |
827,141
+218,297
| +36% | +$6.13M |
2013 Q2
12 quarters
|
|
25
Cummins
CMI
$71.3B
| $23.2M | 1.16% |
206,124
-958
| -0.5% | -$109K |
2013 Q2
12 quarters
|
|
Similar funds
HM Payson & Co's Q2 2016 Portfolio in Review
As of Q2 2016, HM Payson & Co held 350 positions worth $2B, up 4.1% from $1.92B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
HM Payson & Co's Q2 2016 filing shows 16 new, 78 increased, 158 reduced and 26 closed positions. Its largest new stake was Accenture: 160,443 shares worth $18.2M. The largest sale was ExxonMobil, an estimated $4.97M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 14% a quarter earlier, followed by Technology and Financials.
- HM Payson & Co's largest Q2 2016 buy was Accenture: 160,443 shares worth $18.2M.
- HM Payson & Co added most to Johnson Controls International in Q2 2016, an estimated $7.15M increase.
- HM Payson & Co's biggest Q2 2016 reduction was ExxonMobil, cutting an estimated $4.97M.
- HM Payson & Co fully exited BAXALTA INC COM STK (DE) in Q2 2016, selling an estimated $4.74M.
- HM Payson & Co's ten largest holdings make up 26% of its $2B portfolio in Q2 2016.
- HM Payson & Co opened 16 new positions and closed 26 in Q2 2016.
- HM Payson & Co's portfolio value rose 4.1% quarter-over-quarter to $2B.
Based on HM Payson & Co's 13F filing for Q2 2016, filed 8 Aug 2016.