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LAIC
Lederer & Associates Investment Counsel Portfolio holdings
AUM
$152M
1-Year Est. Return
19.48%
This Fund
S&P 500
This Quarter
Est. Return
+11.43%
1 Year Est. Return
+19.48%
3 Year Est. Return
+75.49%
5 Year Est. Return
+96.65%
10 Year Est. Return
–
AUM
$135M
AUM Growth
+$9.23M
(+7.3%)
Cap. Flow
-$4.14M
Cap. Flow
% of AUM
-3.07%
Top 10 Holdings %
Top 10 Hldgs %
35.85%
Holding
88
New
2
Increased
11
Reduced
63
Closed
1
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Hershey
HSY
|
+$1.41M |
| 2 |
Chevron
CVX
|
+$682K |
| 3 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$619K |
| 4 |
Kimberly-Clark
KMB
|
+$31.4K |
| 5 |
SCHV
Schwab US Large-Cap Value ETF
SCHV
|
+$30.6K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Schwab US TIPS ETF
SCHP
|
+$1.02M |
| 2 |
ExxonMobil
XOM
|
+$664K |
| 3 |
Bristol-Myers Squibb
BMY
|
+$662K |
| 4 |
Kenvue
KVUE
|
+$444K |
| 5 |
Microsoft
MSFT
|
+$443K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.19% |
| 2 | Financials | 14.1% |
| 3 | Healthcare | 11.17% |
| 4 | Communication Services | 8.76% |
| 5 | Consumer Staples | 7.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Schwab Short-Term US Treasury ETF
SCHO
$12.9B
| $415K | 0.31% |
17,136
-1,644
| -9% | -$39.5K |
|
77
Crown Castle
CCI
$31.5B
| $401K | 0.3% |
3,481
-517
| -13% | -$53K |
|
78
Schwab US Broad Market ETF
SCHB
$44.9B
| $371K | 0.27% |
19,974
| – | – |
|
79
Digital Realty Trust
DLR
$72.9B
| $341K | 0.25% |
2,535
-81
| -3% | -$10.5K |
|
80
Schwab US Mid-Cap ETF
SCHM
$15.2B
| $320K | 0.24% |
12,753
+387
| +3% | +$8.87K |
|
81
American States Water
AWR
$3.49B
| $302K | 0.22% |
3,750
| – | – |
|
82
iShares Core S&P Small-Cap ETF
IJR
$112B
| $301K | 0.22% |
2,780
| – | – |
|
83
Vanguard Morningstar Growth ETF
VUG
$229B
| $298K | 0.22% |
5,760
| – | – |
|
84
iShares MSCI EAFE ETF
EFA
$80.2B
| $280K | 0.21% |
3,710
| – | – |
|
85
AvalonBay Communities
AVB
$25.7B
| $233K | 0.17% |
1,245
-42
| -3% | -$7.33K |
|
86
SBA Communications
SBAC
$19.4B
| $223K | 0.17% |
878
-132
| -13% | -$29.6K |
|
87
Lockheed Martin
LMT
$140B
| – | – |
-696
| Closed | -$285K |
|
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Lederer & Associates Investment Counsel's Q4 2023 Portfolio in Review
As of Q4 2023, Lederer & Associates Investment Counsel held 88 positions worth $135M, up 7.3% from $126M the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Lederer & Associates Investment Counsel withdrew a net $4.14M in Q4 2023, closing 1 position and reducing 63 holdings. Its most notable exit was Lockheed Martin, an estimated $285K position sold in full.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 28% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Lederer & Associates Investment Counsel opened a new position in Hershey worth $1.39M.
- Lederer & Associates Investment Counsel's largest Q4 2023 buy was Hershey: 7,467 shares worth $1.39M.
- Lederer & Associates Investment Counsel added most to Chevron in Q4 2023, an estimated $682K increase.
- Lederer & Associates Investment Counsel's biggest Q4 2023 reduction was Schwab US TIPS ETF, cutting an estimated $1.02M.
- Lederer & Associates Investment Counsel fully exited Lockheed Martin in Q4 2023, selling an estimated $285K.
- Lederer & Associates Investment Counsel's ten largest holdings make up 36% of its $135M portfolio in Q4 2023.
- Lederer & Associates Investment Counsel opened 2 new positions and closed 1 in Q4 2023.
- Lederer & Associates Investment Counsel's portfolio value rose 7.3% quarter-over-quarter to $135M.
Based on Lederer & Associates Investment Counsel's 13F filing for Q4 2023, filed 19 Jan 2024.