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
MSFT icon
1
Microsoft
MSFT
$3.97T
$350M 7.7%
929,584
-16,836
-2% -$5.99M
2022 Q4
4 quarters
AAPL icon
2
Apple
AAPL
$5.01T
$160M 3.53%
831,760
-39,815
-5% -$7.35M
2022 Q4
4 quarters
NVDA icon
3
NVIDIA
NVDA
$5.32T
$157M 3.47%
3,177,240
+120,360
+4% +$5.58M
2022 Q4
4 quarters
AMZN icon
4
Amazon
AMZN
$2.74T
$93.3M 2.06%
614,090
+62,449
+11% +$8.75M
2022 Q4
4 quarters
V icon
5
Visa
V
$734B
$86.6M 1.91%
332,461
-7,770
-2% -$1.92M
2022 Q4
4 quarters
JNJ icon
6
Johnson & Johnson
JNJ
$611B
$74.2M 1.64%
473,516
-9,350
-2% -$1.43M
2022 Q4
4 quarters
MA icon
7
Mastercard
MA
$528B
$74.2M 1.64%
173,948
-3,511
-2% -$1.41M
2022 Q4
4 quarters
LIN icon
8
Linde
LIN
$227B
$70.8M 1.56%
173,455
+1,709
+1% +$674K
2023 Q1
3 quarters
GOOG icon
9
Alphabet (Google) Class C
GOOG
$4.2T
$62M 1.37%
439,760
-16,267
-4% -$2.21M
2022 Q4
4 quarters
KO icon
10
Coca-Cola
KO
$395B
$59.1M 1.3%
1,002,940
+37,996
+4% +$2.16M
2022 Q4
4 quarters
CRM icon
11
Salesforce
CRM
$194B
$58.4M 1.29%
221,753
+7,529
+4% +$1.7M
2022 Q4
4 quarters
MCD icon
12
McDonald's
MCD
$168B
$58M 1.28%
195,629
-7,674
-4% -$2.09M
2022 Q4
4 quarters
AVGO icon
13
Broadcom
AVGO
$1.65T
$57.5M 1.27%
515,320
+23,860
+5% +$2.26M
2022 Q4
4 quarters
PEP icon
14
PepsiCo
PEP
$176B
$56.6M 1.25%
333,464
+13,463
+4% +$2.23M
2022 Q4
4 quarters
MRK icon
15
Merck
MRK
$363B
$55.7M 1.23%
511,073
+177,498
+53% +$18.4M
2022 Q4
4 quarters
META icon
16
Meta Platforms (Facebook)
META
$1.88T
$55.7M 1.23%
157,365
+20,068
+15% +$6.54M
2022 Q4
4 quarters
PG icon
17
Procter & Gamble
PG
$362B
$54.9M 1.21%
374,374
-65,646
-15% -$9.72M
2022 Q4
4 quarters
ADBE icon
18
Adobe
ADBE
$92.8B
$54M 1.19%
90,527
-1,681
-2% -$970K
2022 Q4
4 quarters
ABT icon
19
Abbott
ABT
$178B
$50.6M 1.12%
459,877
+7,878
+2% +$787K
2022 Q4
4 quarters
T icon
20
AT&T
T
$158B
$47.1M 1.04%
2,807,535
-127,651
-4% -$2.02M
2022 Q4
4 quarters
BAC icon
21
Bank of America
BAC
$356B
$43.9M 0.97%
1,305,298
-92,177
-7% -$2.68M
2022 Q4
4 quarters
TSLA icon
22
Tesla
TSLA
$1.44T
$43.2M 0.95%
173,950
+5,400
+3% +$1.28M
2022 Q4
4 quarters
SPGI icon
23
S&P Global
SPGI
$120B
$43.1M 0.95%
97,744
-12,892
-12% -$5.09M
2022 Q4
4 quarters
NEE icon
24
NextEra Energy
NEE
$164B
$39.4M 0.87%
649,134
-49,607
-7% -$2.83M
2022 Q4
4 quarters
JPM icon
25
JPMorgan Chase
JPM
$886B
$38.9M 0.86%
228,959
-375
-0.2% -$56.8K
2022 Q4
4 quarters
1
2 3 4 5

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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.