Socorro Asset Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
BDXB
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B
BDXB
|
+$11.4M |
| 2 |
Bristol-Myers Squibb
BMY
|
+$9.1M |
| 3 |
Medtronic
MDT
|
+$3.3M |
| 4 |
GRMN
Garmin
GRMN
|
+$2.93M |
| 5 |
Teck Resources
TECK
|
+$1.01M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Tower
AMT
|
+$9.16M |
| 2 |
Moody's
MCO
|
+$9.1M |
| 3 |
Caterpillar
CAT
|
+$7.46M |
| 4 |
Sempra
SRE
|
+$3.95M |
| 5 |
Prologis
PLD
|
+$3.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 18.99% |
| 2 | Financials | 15.67% |
| 3 | Technology | 15.14% |
| 4 | Healthcare | 14.36% |
| 5 | Industrials | 11.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Lam Research
LRCX
$383B
| $8.78M | 2.5% |
122,110
-13,210
| -10% | -$828K |
|
|
27
Prologis
PLD
$130B
| $8.72M | 2.49% |
51,802
-25,436
| -33% | -$3.8M |
|
|
28
Sempra
SRE
$55.1B
| $8.61M | 2.46% |
130,206
-62,412
| -32% | -$3.95M |
|
29
Eaton
ETN
$174B
| $8.35M | 2.38% |
48,341
-21,120
| -30% | -$3.5M |
|
30
Alcon
ALC
$33.9B
| $8.29M | 2.36% |
95,173
| – | – |
|
31
DTE Energy
DTE
$29.1B
| $8.17M | 2.33% |
68,310
| – | – |
|
32
Carrier Global
CARR
$52.7B
| $7.95M | 2.27% |
146,587
-60,452
| -29% | -$3.26M |
|
|
33
American Tower
AMT
$79.8B
| – | – |
-34,499
| Closed | -$9.16M |
|
|
34
Caterpillar
CAT
$395B
| – | – |
-38,859
| Closed | -$7.46M |
|
|
35
Moody's
MCO
$81.9B
| – | – |
-25,616
| Closed | -$9.1M |
|
Similar funds
Socorro Asset Management's Q4 2021 Portfolio in Review
As of Q4 2021, Socorro Asset Management held 35 positions worth $351M, down 1.1% from $355M the previous quarter. Its ten largest holdings account for 39% of the portfolio.
Socorro Asset Management withdrew a net $35.1M in Q4 2021, closing 3 positions and reducing 15 holdings. Its most notable exit was American Tower, an estimated $9.16M position sold in full.
By sector, the portfolio is most concentrated in Real Estate at 19% of assets, down from 20% a quarter earlier, followed by Financials and Technology.
Against the trend, Socorro Asset Management opened a new position in Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B worth $11.5M.
- Socorro Asset Management's largest Q4 2021 buy 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: 217,626 shares worth $11.5M.
- Socorro Asset Management added most to Medtronic in Q4 2021, an estimated $3.3M increase.
- Socorro Asset Management's biggest Q4 2021 reduction was Sempra, cutting an estimated $3.95M.
- Socorro Asset Management fully exited American Tower in Q4 2021, selling an estimated $9.16M.
- Socorro Asset Management's ten largest holdings make up 39% of its $351M portfolio in Q4 2021.
- Socorro Asset Management opened 2 new positions and closed 3 in Q4 2021.
- Socorro Asset Management's portfolio value fell 1.1% quarter-over-quarter to $351M.
Based on Socorro Asset Management's 13F filing for Q4 2021, filed 14 Feb 2022.