We are live on
!
Find out more
LA
LBP AM Portfolio holdings
AUM
$10B
1-Year Est. Return
43.88%
This Fund
S&P 500
This Quarter
Est. Return
+14.39%
1 Year Est. Return
+43.88%
3 Year Est. Return
+137.24%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$2.51B
AUM Growth
-$2.03B
(-45%)
Cap. Flow
-$2.38B
Cap. Flow
% of AUM
-94.75%
Top 10 Holdings %
Top 10 Hldgs %
34.55%
Holding
453
New
33
Increased
91
Reduced
190
Closed
138
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Host Hotels & Resorts
HST
|
+$8.73M |
| 2 |
Home Depot
HD
|
+$6.78M |
| 3 |
Eaton
ETN
|
+$6.76M |
| 4 |
Ventas
VTR
|
+$6.68M |
| 5 |
Nasdaq
NDAQ
|
+$6.66M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$184M |
| 2 |
NVIDIA
NVDA
|
+$107M |
| 3 |
Visa
V
|
+$56.5M |
| 4 |
Mastercard
MA
|
+$46.7M |
| 5 |
Johnson & Johnson
JNJ
|
+$45.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.42% |
| 2 | Financials | 11.94% |
| 3 | Healthcare | 10.91% |
| 4 | Consumer Discretionary | 9.6% |
| 5 | Industrials | 9.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
TJX Companies
TJX
$170B
| – | – |
-278,312
| Closed | -$26.1M |
|
402
T-Mobile US
TMUS
$193B
| – | – |
-215,070
| Closed | -$34.5M |
|
403
Texas Pacific Land
TPL
$28.9B
| – | – |
-16,983
| Closed | -$2.97M |
|
404
T. Rowe Price
TROW
$25B
| – | – |
-17,474
| Closed | -$1.88M |
|
405
TC Energy
TRP
$73.5B
| – | – |
-33,344
| Closed | -$1.31M |
|
406
Telus
TU
$16B
| – | – |
-104,083
| Closed | -$1.86M |
|
407
Veeva Systems
VEEV
$30.3B
| – | – |
-2,054
| Closed | -$395K |
|
408
VF Corp
VFC
$6.68B
| – | – |
-134,881
| Closed | -$2.54M |
|
409
VICI Properties
VICI
$29.4B
| – | – |
-123,246
| Closed | -$3.93M |
|
410
Vipshop
VIPS
$6.84B
| – | – |
-89,686
| Closed | -$1.59M |
|
411
Veralto
VLTO
$22.6B
| – | – |
-10,061
| Closed | -$828K |
|
412
Verisk Analytics
VRSK
$26.4B
| – | – |
-58,057
| Closed | -$13.9M |
|
413
Viatris
VTRS
$20.1B
| – | – |
-254,288
| Closed | -$2.75M |
|
|
WBA
414
DELISTED
Walgreens Boots Alliance
WBA
| – | – |
-301,232
| Closed | -$7.87M |
|
415
Whirlpool
WHR
$2.42B
| – | – |
-19,128
| Closed | -$2.33M |
|
416
Waste Management
WM
$95.9B
| – | – |
-163,013
| Closed | -$29.2M |
|
417
Essential Utilities
WTRG
$11.2B
| – | – |
-60,286
| Closed | -$2.25M |
|
418
Yum China
YUMC
$14.9B
| – | – |
-36,441
| Closed | -$1.55M |
|
419
Zoom
ZM
$25.8B
| – | – |
-6,162
| Closed | -$443K |
|
420
Zoetis
ZTS
$31.6B
| – | – |
-139,388
| Closed | -$27.5M |
|
Similar funds
MG
LWCFA
HRCM
RI
OAM
FPAS
RA
HI
LBP AM's Q1 2024 Portfolio in Review
As of Q1 2024, LBP AM held 453 positions worth $2.51B, down 45% from $4.54B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
LBP AM withdrew a net $2.38B in Q1 2024, closing 138 positions and reducing 190 holdings. Its most notable exit was T-Mobile US, an estimated $34.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 31% a quarter earlier, followed by Financials and Healthcare.
Against the trend, LBP AM opened a new position in Ventas worth $6.4M.
- LBP AM's largest Q1 2024 buy was Ventas: 147,004 shares worth $6.4M.
- LBP AM added most to Host Hotels & Resorts in Q1 2024, an estimated $8.73M increase.
- LBP AM's biggest Q1 2024 reduction was Microsoft, cutting an estimated $184M.
- LBP AM fully exited T-Mobile US in Q1 2024, selling an estimated $34.5M.
- LBP AM's ten largest holdings make up 35% of its $2.51B portfolio in Q1 2024.
- LBP AM opened 33 new positions and closed 138 in Q1 2024.
- LBP AM's portfolio value fell 45% quarter-over-quarter to $2.51B.
Based on LBP AM's 13F filing for Q1 2024, filed 16 May 2024.