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 |
Aptiv
APTV
|
+$16.4M |
| 2 |
Phillips 66
PSX
|
+$9.17M |
| 3 |
Skyworks Solutions
SWKS
|
+$6.69M |
| 4 |
Bread Financial
BFH
|
+$6.37M |
| 5 |
Qualcomm
QCOM
|
+$5.05M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
IBM
IBM
|
+$9.7M |
| 2 |
Danaher
DHR
|
+$5.21M |
| 3 |
Diageo
DEO
|
+$3.01M |
| 4 |
Gilead Sciences
GILD
|
+$2.88M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.81M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.51% |
| 2 | Healthcare | 14.22% |
| 3 | Financials | 13.15% |
| 4 | Industrials | 12.23% |
| 5 | Miscellaneous | 11.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
ExxonMobil
XOM
$680B
| $76.6M | 3.74% |
877,566
-16,332
| -2% | -$1.45M |
2013 Q2
13 quarters
|
|
2
Johnson & Johnson
JNJ
$675B
| $67.2M | 3.28% |
569,046
-19,675
| -3% | -$2.39M |
2013 Q2
13 quarters
|
|
3
Apple
AAPL
$5.17T
| $59.9M | 2.92% |
2,120,504
+28,480
| +1% | +$754K |
2013 Q2
13 quarters
|
|
4
Microsoft
MSFT
$3.87T
| $54.4M | 2.66% |
945,014
-10,991
| -1% | -$620K |
2013 Q2
13 quarters
|
|
5
Pfizer
PFE
$168B
| $48.2M | 2.35% |
1,499,530
+30,680
| +2% | +$1.03M |
2013 Q2
13 quarters
|
|
6
Intel
INTC
$332B
| $47.7M | 2.33% |
1,262,876
-13,478
| -1% | -$477K |
2013 Q2
13 quarters
|
|
7
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.6B
| $47.3M | 2.31% |
895,010
+37,316
| +4% | +$1.98M |
2013 Q2
13 quarters
|
|
8
Procter & Gamble
PG
$389B
| $45.3M | 2.21% |
504,204
-11,184
| -2% | -$971K |
2013 Q2
13 quarters
|
|
9
RTX Corp
RTX
$272B
| $40.4M | 1.97% |
632,255
-14,973
| -2% | -$993K |
2013 Q2
13 quarters
|
|
10
McDonald's
MCD
$194B
| $40.3M | 1.97% |
349,253
-13,689
| -4% | -$1.62M |
2013 Q2
13 quarters
|
|
11
Vanguard FTSE Developed Markets ETF
VEA
$231B
| $39.1M | 1.91% |
1,044,264
-45,094
| -4% | -$1.66M |
2013 Q2
13 quarters
|
|
12
Abbott
ABT
$189B
| $35.6M | 1.74% |
842,480
-3,661
| -0.4% | -$157K |
2013 Q2
13 quarters
|
|
13
General Dynamics
GD
$99.2B
| $35.3M | 1.72% |
227,471
-11,558
| -5% | -$1.72M |
2013 Q2
13 quarters
|
|
14
PepsiCo
PEP
$196B
| $34.6M | 1.69% |
318,424
-15,112
| -5% | -$1.63M |
2013 Q2
13 quarters
|
|
15
JPMorgan Chase
JPM
$912B
| $33.7M | 1.64% |
505,871
-27,014
| -5% | -$1.76M |
2013 Q2
13 quarters
|
|
16
TJX Companies
TJX
$150B
| $32.8M | 1.6% |
876,528
-10,836
| -1% | -$424K |
2013 Q2
13 quarters
|
|
17
Berkshire Hathaway Class B
BRK.B
$1.25T
| $32.3M | 1.58% |
223,750
-1,725
| -0.8% | -$252K |
2013 Q2
13 quarters
|
|
18
Wells Fargo
WFC
$258B
| $31.8M | 1.55% |
718,718
+3,995
| +0.6% | +$191K |
2013 Q2
13 quarters
|
|
|
19
IBM
IBM
$235B
| $31.3M | 1.53% |
206,376
-63,772
| -24% | -$9.7M |
2013 Q2
13 quarters
|
|
|
20
Qualcomm
QCOM
$189B
| $29.7M | 1.45% |
432,923
+83,052
| +24% | +$5.05M |
2013 Q3
12 quarters
|
|
21
Aflac
AFL
$62.9B
| $28.3M | 1.38% |
787,810
-45,268
| -5% | -$1.65M |
2013 Q2
13 quarters
|
|
22
GE Aerospace
GE
$356B
| $27.5M | 1.34% |
193,623
-8,622
| -4% | -$1.29M |
2013 Q2
13 quarters
|
|
23
Cummins
CMI
$63.5B
| $26.9M | 1.31% |
209,683
+3,559
| +2% | +$432K |
2013 Q2
13 quarters
|
|
24
Cisco
CSCO
$397B
| $26.6M | 1.3% |
838,731
+11,590
| +1% | +$356K |
2013 Q2
13 quarters
|
|
|
25
Diageo
DEO
$55.8B
| $26.5M | 1.29% |
228,179
-26,310
| -10% | -$3.01M |
2013 Q2
13 quarters
|
|
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HM Payson & Co's Q3 2016 Portfolio in Review
As of Q3 2016, HM Payson & Co held 338 positions worth $2.05B, up 2.3% from $2B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
HM Payson & Co's Q3 2016 filing shows 14 new, 41 increased, 174 reduced and 14 closed positions. Its largest new stake was Aptiv: 243,529 shares worth $17.4M. The largest sale was IBM, an estimated $9.7M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 15% a quarter earlier, followed by Healthcare and Financials.
- HM Payson & Co's largest Q3 2016 buy was Aptiv: 243,529 shares worth $17.4M.
- HM Payson & Co added most to Phillips 66 in Q3 2016, an estimated $9.17M increase.
- HM Payson & Co's biggest Q3 2016 reduction was IBM, cutting an estimated $9.7M.
- HM Payson & Co fully exited EMC CORPORATION in Q3 2016, selling an estimated $471K.
- HM Payson & Co's ten largest holdings make up 26% of its $2.05B portfolio in Q3 2016.
- HM Payson & Co opened 14 new positions and closed 14 in Q3 2016.
- HM Payson & Co's portfolio value rose 2.3% quarter-over-quarter to $2.05B.
Based on HM Payson & Co's 13F filing for Q3 2016, filed 14 Nov 2016.