We are live on
!
Find out more
IC
Inverness Counsel Portfolio holdings
AUM
$1.8B
1-Year Est. Return
9.9%
This Fund
S&P 500
This Quarter
Est. Return
-5.31%
1 Year Est. Return
-9.9%
3 Year Est. Return
+53.95%
5 Year Est. Return
+113.88%
10 Year Est. Return
–
AUM
$2.23B
AUM Growth
-$480M
(-18%)
Cap. Flow
-$248M
Cap. Flow
% of AUM
-11.09%
Top 10 Holdings %
Top 10 Hldgs %
50.4%
Holding
209
New
16
Increased
59
Reduced
65
Closed
18
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$27.5M |
| 2 |
Xcel Energy
XEL
|
+$23.4M |
| 3 |
NextEra Energy
NEE
|
+$21.7M |
| 4 |
Boston Scientific
BSX
|
+$20.1M |
| 5 |
Parker-Hannifin
PH
|
+$17.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chipotle Mexican Grill
CMG
|
+$36.8M |
| 2 |
Floor & Decor
FND
|
+$35.4M |
| 3 |
CTLT
CATALENT, INC.
CTLT
|
+$33.4M |
| 4 |
Nike
NKE
|
+$31.4M |
| 5 |
Amazon
AMZN
|
+$28.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.44% |
| 2 | Industrials | 16.23% |
| 3 | Healthcare | 14.93% |
| 4 | Communication Services | 9.85% |
| 5 | Financials | 8.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Roper Technologies
ROP
$39.5B
| $233M | 10.42% |
492,582
-33,040
| -6% | -$14.9M |
|
2
Dover
DOV
$27.9B
| $141M | 6.32% |
899,658
-88,448
| -9% | -$14.5M |
|
3
Carlisle Companies
CSL
$14.7B
| $129M | 5.77% |
524,197
+496
| +0.1% | +$116K |
|
4
Microsoft
MSFT
$3.68T
| $118M | 5.29% |
383,296
-6,587
| -2% | -$1.98M |
|
5
Apple
AAPL
$4.46T
| $114M | 5.09% |
650,748
+94,310
| +17% | +$15.9M |
|
6
Alphabet (Google) Class A
GOOGL
$4.23T
| $95.1M | 4.26% |
683,840
-53,460
| -7% | -$7.26M |
|
|
7
Amazon
AMZN
$2.83T
| $91.3M | 4.09% |
559,960
-186,480
| -25% | -$28.8M |
|
8
NVIDIA
NVDA
$5.45T
| $72.7M | 3.26% |
2,663,660
-1,069,730
| -29% | -$26.8M |
|
9
UnitedHealth
UNH
$361B
| $69.4M | 3.11% |
136,009
-1,860
| -1% | -$897K |
|
10
Danaher
DHR
$142B
| $62.3M | 2.79% |
239,580
-18,970
| -7% | -$4.75M |
|
11
Progressive
PGR
$122B
| $53M | 2.37% |
464,529
+24,867
| +6% | +$2.69M |
|
12
Marvell Technology
MRVL
$199B
| $49.5M | 2.22% |
689,615
-285,767
| -29% | -$20.6M |
|
|
13
Boston Scientific
BSX
$75.1B
| $46.4M | 2.08% |
1,046,717
+464,710
| +80% | +$20.1M |
|
14
Adobe
ADBE
$105B
| $45.7M | 2.05% |
100,356
-2,436
| -2% | -$1.17M |
|
|
15
Johnson & Johnson
JNJ
$627B
| $45.3M | 2.03% |
255,774
+161,813
| +172% | +$27.5M |
|
|
16
NextEra Energy
NEE
$180B
| $42.6M | 1.91% |
503,133
+270,808
| +117% | +$21.7M |
|
17
Abbott
ABT
$193B
| $41.1M | 1.84% |
347,044
+5,886
| +2% | +$730K |
|
18
Meta Platforms (Facebook)
META
$1.5T
| $39.9M | 1.79% |
179,227
-101,418
| -36% | -$25.3M |
|
19
Procter & Gamble
PG
$336B
| $37.6M | 1.68% |
246,061
+80,989
| +49% | +$12.7M |
|
20
NetEase
NTES
$80.1B
| $36.8M | 1.65% |
409,845
-2,000
| -0.5% | -$190K |
|
21
Trane Technologies
TT
$106B
| $34.8M | 1.56% |
228,094
-52,092
| -19% | -$8.52M |
|
22
American Express
AXP
$231B
| $32.8M | 1.47% |
175,369
-59,223
| -25% | -$10.7M |
|
|
23
Nike
NKE
$60.4B
| $30.8M | 1.38% |
229,232
-223,203
| -49% | -$31.4M |
|
24
Salesforce
CRM
$161B
| $28M | 1.26% |
132,083
-111,856
| -46% | -$24.1M |
|
25
Chevron
CVX
$392B
| $27.7M | 1.24% |
170,165
+38,092
| +29% | +$5.46M |
|
Similar funds
SCA
ACM
RHBC
BDF
DY
WFA
CA
RIG
Inverness Counsel's Q1 2022 Portfolio in Review
As of Q1 2022, Inverness Counsel held 209 positions worth $2.23B, down 18% from $2.71B the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Inverness Counsel withdrew a net $248M in Q1 2022, closing 18 positions and reducing 65 holdings. Its most notable exit was Caterpillar, an estimated $6.97M position sold in full.
By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 34% a quarter earlier, followed by Industrials and Healthcare.
Against the trend, Inverness Counsel opened a new position in Essex Property Trust worth $13.5M.
- Inverness Counsel's largest Q1 2022 buy was Essex Property Trust: 39,157 shares worth $13.5M.
- Inverness Counsel added most to Johnson & Johnson in Q1 2022, an estimated $27.5M increase.
- Inverness Counsel's biggest Q1 2022 reduction was Chipotle Mexican Grill, cutting an estimated $36.8M.
- Inverness Counsel fully exited Caterpillar in Q1 2022, selling an estimated $6.97M.
- Inverness Counsel's ten largest holdings make up 50% of its $2.23B portfolio in Q1 2022.
- Inverness Counsel opened 16 new positions and closed 18 in Q1 2022.
- Inverness Counsel's portfolio value fell 18% quarter-over-quarter to $2.23B.
Based on Inverness Counsel's 13F filing for Q1 2022, filed 5 May 2022.