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
+12.32%
1 Year Est. Return
+43.88%
3 Year Est. Return
+137.24%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$4.54B
AUM Growth
+$35.6M
Cap. Flow
-$444M
Cap. Flow %
-9.78%
Top 10 Hldgs %
26.16%
Holding
484
New
20
Increased
106
Reduced
212
Closed
64
Avg Time Held
0.8 years
Top 10 Avg Time Held
0.7 years
Top 20 Avg Time Held
0.7 years

Top Buys

Rank Stock Value
1
MRK icon
Merck
MRK
+$18.4M
2
AMZN icon
Amazon
AMZN
+$8.75M
3
META icon
Meta Platforms (Facebook)
META
+$6.54M
4
NVDA icon
NVIDIA
NVDA
+$5.58M
5
WMS icon
Advanced Drainage Systems
WMS
+$3.88M

Top Sells

Rank Stock Value
1
HD icon
Home Depot
HD
+$27.9M
2
MSI icon
Motorola Solutions
MSI
+$20.7M
3
BLK icon
Blackrock
BLK
+$18.4M
4
ES icon
Eversource Energy
ES
+$14.8M
5
DE icon
Deere & Co
DE
+$12.8M

Sector Composition

Rank Sector Weight
1 Technology 30.82%
2 Healthcare 14.89%
3 Financials 11.26%
4 Industrials 8.69%
5 Consumer Discretionary 8.6%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
ABBV icon
51
AbbVie
ABBV
$501B
$22.8M 0.5%
146,907
+7,031
+5% +$1.03M
2022 Q4
4 quarters
BMRN icon
52
BioMarin Pharmaceuticals
BMRN
$10.7B
$22.7M 0.5%
235,502
– –
2022 Q4
4 quarters
TSM icon
53
TSMC
TSM
$2.23T
$22.7M 0.5%
218,037
+15,272
+8% +$1.46M
2022 Q4
4 quarters
WDAY icon
54
Workday
WDAY
$45.5B
$22.5M 0.5%
81,464
+3,671
+5% +$874K
2022 Q4
4 quarters
IR icon
55
Ingersoll Rand
IR
$30.2B
$22.2M 0.49%
287,358
-43,354
-13% -$2.96M
2022 Q4
4 quarters
HD icon
56
Home Depot
HD
$295B
$21.2M 0.47%
61,044
-89,995
-60% -$27.9M
2022 Q4
4 quarters
ECL icon
57
Ecolab
ECL
$80.7B
$20.8M 0.46%
104,731
-15,614
-13% -$2.81M
2022 Q4
4 quarters
ADI icon
58
Analog Devices
ADI
$196B
$20.7M 0.46%
104,240
-39,653
-28% -$7.08M
2022 Q4
4 quarters
KDP icon
59
Keurig Dr Pepper
KDP
$45.1B
$20.1M 0.44%
602,535
-103,550
-15% -$3.23M
2022 Q4
4 quarters
APTV icon
60
Aptiv
APTV
$9.1B
$19.9M 0.44%
221,828
+12,429
+6% +$1.07M
2023 Q1
3 quarters
CP icon
61
Canadian Pacific Kansas City
CP
$75.7B
$19.9M 0.44%
249,820
-75,735
-23% -$5.54M
2022 Q4
4 quarters
STT icon
62
State Street
STT
$45.8B
$19.2M 0.42%
247,453
-13,901
-5% -$969K
2022 Q4
4 quarters
CNI icon
63
Canadian National Railway
CNI
$72.4B
$19M 0.42%
150,272
-57,323
-28% -$6.49M
2022 Q4
4 quarters
J icon
64
Jacobs Solutions
J
$16.6B
$18.8M 0.41%
175,021
-7,010
-4% -$763K
2022 Q4
4 quarters
A icon
65
Agilent Technologies
A
$49.1B
$18.6M 0.41%
133,630
-55,381
-29% -$6.59M
2022 Q4
4 quarters
PANW icon
66
Palo Alto Networks
PANW
$307B
$18.4M 0.41%
125,090
-17,960
-13% -$2.4M
2022 Q4
4 quarters
KEYS icon
67
Keysight
KEYS
$60.9B
$18.2M 0.4%
114,284
-30,662
-21% -$4.16M
2022 Q4
4 quarters
EQIX icon
68
Equinix
EQIX
$98.3B
$17.8M 0.39%
22,076
-1,413
-6% -$1.08M
2022 Q4
4 quarters
AMGN icon
69
Amgen
AMGN
$230B
$17.6M 0.39%
61,016
+2,632
+5% +$717K
2022 Q4
4 quarters
IBM icon
70
IBM
IBM
$215B
$17.5M 0.38%
106,707
+3,149
+3% +$476K
2022 Q4
4 quarters
COST icon
71
Costco
COST
$435B
$17.1M 0.38%
25,955
-2,707
-9% -$1.6M
2022 Q4
4 quarters
VZ icon
72
Verizon
VZ
$185B
$17.1M 0.38%
454,084
-35,381
-7% -$1.25M
2022 Q4
4 quarters
HON icon
73
Honeywell
HON
$65.8B
$16.9M 0.37%
85,649
+1,349
+2% +$243K
2022 Q4
4 quarters
ORCL icon
74
Oracle
ORCL
$396B
$16.9M 0.37%
160,023
+3,815
+2% +$416K
2022 Q4
4 quarters
LDOS icon
75
Leidos
LDOS
$15.1B
$16.8M 0.37%
155,061
– –
2022 Q4
4 quarters
1 2
3
4 5

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CG
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AC
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OIAM
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BCM
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SOADOR
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LBP AM's Q4 2023 Portfolio in Review

As of Q4 2023, LBP AM held 484 positions worth $4.54B, up 0.79% from $4.5B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

LBP AM withdrew a net $444M in Q4 2023, closing 64 positions and reducing 212 holdings. Its most notable exit was APA Corp, an estimated $7.7M position sold in full.

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

Against the trend, LBP AM opened a new position in Banco Bradesco worth $3.45M.

  • LBP AM's largest Q4 2023 buy was Banco Bradesco: 984,800 shares worth $3.45M.
  • LBP AM added most to Merck in Q4 2023, an estimated $18.4M increase.
  • LBP AM's biggest Q4 2023 reduction was Home Depot, cutting an estimated $27.9M.
  • LBP AM fully exited APA Corp in Q4 2023, selling an estimated $7.7M.
  • LBP AM's ten largest holdings make up 26% of its $4.54B portfolio in Q4 2023.
  • LBP AM opened 20 new positions and closed 64 in Q4 2023.
  • LBP AM's portfolio value rose 0.79% quarter-over-quarter to $4.54B.

Based on LBP AM's 13F filing for Q4 2023, filed 14 Feb 2024.