Palouse Capital Management Portfolio holdings

Palouse Capital Management's Q2 2023 Portfolio in Review

As of Q2 2023, Palouse Capital Management held 75 positions worth $143M, down 3.5% from $148M the previous quarter. Its ten largest holdings account for 28% of the portfolio.

Palouse Capital Management withdrew a net $7.83M in Q2 2023, closing 2 positions and reducing 59 holdings. Its most notable exit was Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B, an estimated $1.74M position sold in full.

By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Palouse Capital Management opened a new position in Kraft Heinz worth $2.33M.

• Palouse Capital Management's largest Q2 2023 buy was Kraft Heinz: 65,669 shares worth $2.33M.
• Palouse Capital Management added most to Aptiv in Q2 2023, an estimated $1.37M increase.
• Palouse Capital Management's biggest Q2 2023 reduction was Viatris, cutting an estimated $995K.
• Palouse Capital Management fully exited Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B in Q2 2023, selling an estimated $1.74M.
• Palouse Capital Management's ten largest holdings make up 28% of its $143M portfolio in Q2 2023.
• Palouse Capital Management opened 6 new positions and closed 2 in Q2 2023.
• Palouse Capital Management's portfolio value fell 3.5% quarter-over-quarter to $143M.

Based on Palouse Capital Management's 13F filing for Q2 2023, filed 9 Aug 2023.