LA

LBP AM Portfolio holdings

AUM $10B Turnover 14.13%
1-Year Est. Return 43.88%
This Fund
S&P 500
This Quarter Est. Return
-3.6%
1 Year Est. Return
+43.88%
3 Year Est. Return
+137.24%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$4.5B
AUM Growth
+$273M
Cap. Flow
+$486M
Cap. Flow %
10.8%
Top 10 Hldgs %
23.62%
Holding
475
New
62
Increased
267
Reduced
90
Closed
11
Avg Time Held
0.6 years
Top 10 Avg Time Held
0.6 years
Top 20 Avg Time Held
0.6 years

Top Buys

Rank Stock Value
1
DXCM icon
DexCom
DXCM
+$21.2M
2
HSY icon
Hershey
HSY
+$16.9M
3
AAPL icon
Apple
AAPL
+$15M
4
AMZN icon
Amazon
AMZN
+$10.9M
5
MPC icon
Marathon Petroleum
MPC
+$10.2M

Top Sells

Rank Stock Value
1
TEL icon
TE Connectivity
TEL
+$9.68M
2
VRSK icon
Verisk Analytics
VRSK
+$7.42M
3
DD icon
DuPont de Nemours
DD
+$6.52M
4
IR icon
Ingersoll Rand
IR
+$5.92M
5
TMO icon
Thermo Fisher Scientific
TMO
+$5.12M

Sector Composition

Rank Sector Weight
1 Technology 28.84%
2 Healthcare 15.02%
3 Financials 11.34%
4 Industrials 9.29%
5 Consumer Discretionary 9.01%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
BAC icon
26
Bank of America
BAC
$359B
$38.3M 0.85%
1,397,475
+93,847
+7% +$2.78M
2022 Q4
3 quarters
DE icon
27
Deere & Co
DE
$175B
$38.1M 0.85%
100,970
+1,272
+1% +$525K
2022 Q4
3 quarters
DHR icon
28
Danaher
DHR
$158B
$37.6M 0.83%
170,762
-1,858
-1% -$414K
2022 Q4
3 quarters
MRK icon
29
Merck
MRK
$364B
$34.3M 0.76%
333,575
+47,283
+17% +$5.1M
2022 Q4
3 quarters
BSX icon
30
Boston Scientific
BSX
$62.3B
$33.5M 0.75%
635,303
+54,769
+9% +$2.87M
2022 Q4
3 quarters
UNH icon
31
UnitedHealth
UNH
$355B
$33.4M 0.74%
66,300
+5,715
+9% +$2.81M
2022 Q4
3 quarters
BMY icon
32
Bristol-Myers Squibb
BMY
$121B
$33.3M 0.74%
573,227
+23,838
+4% +$1.46M
2022 Q4
3 quarters
JPM icon
33
JPMorgan Chase
JPM
$890B
$33.3M 0.74%
229,334
+21,307
+10% +$3.19M
2022 Q4
3 quarters
MDT icon
34
Medtronic
MDT
$121B
$33.2M 0.74%
423,897
+33,361
+9% +$2.79M
2023 Q1
2 quarters
ADP icon
35
Automatic Data Processing
ADP
$111B
$33.1M 0.73%
137,503
+2,376
+2% +$579K
2022 Q4
3 quarters
TMUS icon
36
T-Mobile US
TMUS
$169B
$32.8M 0.73%
234,535
-5,901
-2% -$817K
2022 Q4
3 quarters
ACN icon
37
Accenture
ACN
$132B
$32.7M 0.73%
106,429
-7,768
-7% -$2.45M
2023 Q1
2 quarters
LLY icon
38
Eli Lilly
LLY
$1.08T
$31.2M 0.69%
58,128
+7,959
+16% +$4.1M
2022 Q4
3 quarters
GOOGL icon
39
Alphabet (Google) Class A
GOOGL
$4.25T
$30.7M 0.68%
234,841
+53,126
+29% +$6.87M
2022 Q4
3 quarters
TJX icon
40
TJX Companies
TJX
$157B
$30.6M 0.68%
344,291
-14,590
-4% -$1.28M
2022 Q4
3 quarters
BLK icon
41
Blackrock
BLK
$166B
$30M 0.67%
46,360
+11,693
+34% +$8.17M
2022 Q4
3 quarters
NOW icon
42
ServiceNow
NOW
$145B
$29.4M 0.65%
262,785
-24,040
-8% -$2.74M
2022 Q4
3 quarters
INTU icon
43
Intuit
INTU
$83B
$26.6M 0.59%
52,109
-5,949
-10% -$3.01M
2022 Q4
3 quarters
ICE icon
44
Intercontinental Exchange
ICE
$87.1B
$26.6M 0.59%
241,547
-3,678
-1% -$421K
2022 Q4
3 quarters
ADI icon
45
Analog Devices
ADI
$196B
$25.2M 0.56%
143,893
-4,056
-3% -$748K
2022 Q4
3 quarters
MDLZ icon
46
Mondelez International
MDLZ
$79.9B
$24.9M 0.55%
359,417
+16,759
+5% +$1.21M
2022 Q4
3 quarters
WM icon
47
Waste Management
WM
$86.2B
$24.8M 0.55%
163,003
+1,219
+0.8% +$197K
2022 Q4
3 quarters
MSI icon
48
Motorola Solutions
MSI
$74.8B
$24.7M 0.55%
90,547
+5,713
+7% +$1.63M
2022 Q4
3 quarters
CP icon
49
Canadian Pacific Kansas City
CP
$75.7B
$24.3M 0.54%
325,555
-8,496
-3% -$674K
2022 Q4
3 quarters
AMAT icon
50
Applied Materials
AMAT
$354B
$24.1M 0.54%
174,111
-780
-0.4% -$112K
2022 Q4
3 quarters
1
2
3 4 5

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LBP AM's Q3 2023 Portfolio in Review

As of Q3 2023, LBP AM held 475 positions worth $4.5B, up 6.4% from $4.23B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

LBP AM deployed $486M of net new capital in Q3 2023, opening 62 new positions and adding to 267 existing holdings. Its largest new stake was Hershey: 75,624 shares worth $15.1M.

By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 31% a quarter earlier, followed by Healthcare and Financials.

On the sell side, the largest reduction was TE Connectivity, an estimated $9.68M trimmed.

  • LBP AM's largest Q3 2023 buy was Hershey: 75,624 shares worth $15.1M.
  • LBP AM added most to DexCom in Q3 2023, an estimated $21.2M increase.
  • LBP AM's biggest Q3 2023 reduction was TE Connectivity, cutting an estimated $9.68M.
  • LBP AM fully exited Tetra Tech in Q3 2023, selling an estimated $2.03M.
  • LBP AM's ten largest holdings make up 24% of its $4.5B portfolio in Q3 2023.
  • LBP AM opened 62 new positions and closed 11 in Q3 2023.
  • LBP AM's portfolio value rose 6.4% quarter-over-quarter to $4.5B.

Based on LBP AM's 13F filing for Q3 2023, filed 14 Nov 2023.