SRB Corp Portfolio holdings
SRB is the investment arm of The Plymouth Rock Company, managing money for its parent and the property and casualty insurers affiliated with it since 1992. It manages bonds, stocks and real estate for those clients, and picks hedge funds and private equity investments for them. Because its clients are mostly insurers, its investment guidelines aim for safety of principal, enough cash on hand for operations, and as much total return as those limits allow. Among its indirect owners are Central Securities Corporation, a closed-end investment company, and James M. Stone, chairman and chief executive of The Plymouth Rock Company.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
ETP
Energy Transfer Partners, L.P.
ETP
|
+$12.2M |
| 2 |
Synchrony
SYF
|
+$200K |
| 3 |
Macy's
M
|
+$199K |
| 4 |
Quanta Services
PWR
|
+$191K |
| 5 |
JB Hunt Transport Services
JBHT
|
+$188K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ETP
Energy Transfer Partners L.p.
ETP
|
+$13.3M |
| 2 |
Tapestry
TPR
|
+$205K |
| 3 |
RAI
Reynolds American Inc
RAI
|
+$186K |
| 4 |
Danaher
DHR
|
+$185K |
| 5 |
Leggett & Platt
LEG
|
+$185K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.68% |
| 2 | Financials | 16.54% |
| 3 | Energy | 15.63% |
| 4 | Healthcare | 12.74% |
| 5 | Consumer Staples | 11.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Intel
INTC
$299B
| $125M | 17.96% |
3,712,128
+206
| +0% | +$7.37K |
2013 Q2
16 quarters
|
|
2
Microsoft
MSFT
$3.94T
| $121M | 17.34% |
1,754,621
| – | – |
2013 Q2
16 quarters
|
|
3
Safety Insurance
SAFT
$1.53B
| $98.7M | 14.15% |
1,444,765
| – | – |
2013 Q2
16 quarters
|
|
4
Merck
MRK
$362B
| $86M | 12.33% |
1,406,640
| – | – |
2013 Q2
16 quarters
|
|
5
ExxonMobil
XOM
$677B
| $74.6M | 10.7% |
924,144
| – | – |
2013 Q2
16 quarters
|
|
6
Target
TGT
$72B
| $62.6M | 8.97% |
1,196,325
-2,728
| -0.2% | -$149K |
2013 Q2
16 quarters
|
|
|
7
Tapestry
TPR
$26.4B
| $24.6M | 3.53% |
519,661
-4,673
| -0.9% | -$205K |
2013 Q2
16 quarters
|
|
8
Verisk Analytics
VRSK
$26.6B
| $18.3M | 2.62% |
216,675
| – | – |
2013 Q2
16 quarters
|
|
9
Procter & Gamble
PG
$383B
| $16M | 2.29% |
183,179
| – | – |
2013 Q2
16 quarters
|
|
10
Enterprise Products Partners
EPD
$79.9B
| $14M | 2.01% |
518,830
| – | – |
2013 Q2
16 quarters
|
|
|
ETP
11
DELISTED
Energy Transfer Partners, L.P.
ETP
| $11.1M | 1.6% |
+546,093
| New | +$12.2M |
2017 Q2
0 quarters
|
|
12
Plains All American Pipeline
PAA
$16.9B
| $8.69M | 1.25% |
330,935
| – | – |
2013 Q2
16 quarters
|
|
13
Northeast Bank
NBN
$1.08B
| $7.27M | 1.04% |
357,041
| – | – |
2013 Q2
16 quarters
|
|
|
KSU
14
DELISTED
Kansas City Southern
KSU
| $215K | 0.03% |
2,059
| – | – |
2015 Q2
8 quarters
|
|
|
ANDV
15
DELISTED
Andeavor
ANDV
| $206K | 0.03% |
2,196
+143
| +7% | +$12.1K |
2015 Q2
8 quarters
|
|
16
Best Buy
BBY
$20.9B
| $203K | 0.03% |
3,537
-394
| -10% | -$21K |
2014 Q3
11 quarters
|
|
17
Northern Trust
NTRS
$31.3B
| $203K | 0.03% |
2,091
| – | – |
2014 Q4
10 quarters
|
|
18
Invesco
IVZ
$11.9B
| $202K | 0.03% |
5,740
+352
| +7% | +$11.5K |
2015 Q2
8 quarters
|
|
19
Nike
NKE
$57.3B
| $202K | 0.03% |
+3,428
| New | +$185K |
2017 Q2
0 quarters
|
|
|
ETFC
20
DELISTED
E*Trade Financial Corporation
ETFC
| $202K | 0.03% |
5,303
+500
| +10% | +$17.7K |
2016 Q4
2 quarters
|
|
21
Delta Air Lines
DAL
$57.4B
| $201K | 0.03% |
3,735
+243
| +7% | +$11.9K |
2016 Q1
5 quarters
|
|
22
PVH
PVH
$4.15B
| $201K | 0.03% |
1,754
-230
| -12% | -$23.8K |
2015 Q2
8 quarters
|
|
23
State Street
STT
$45B
| $201K | 0.03% |
2,244
+67
| +3% | +$5.57K |
2014 Q3
11 quarters
|
|
|
24
Synchrony
SYF
$24B
| $201K | 0.03% |
+6,751
| New | +$200K |
2017 Q2
0 quarters
|
|
|
AGN
25
DELISTED
Allergan plc
AGN
| $200K | 0.03% |
823
+97
| +13% | +$22.8K |
2016 Q4
2 quarters
|
|
Similar funds
SRB Corp's Q2 2017 Portfolio in Review
As of Q2 2017, SRB Corp held 193 positions worth $697M, down 1.1% from $705M the previous quarter. Its ten largest holdings account for 92% of the portfolio.
SRB Corp's Q2 2017 filing shows 20 new, 68 increased, 46 reduced and 20 closed positions. Its largest new stake was Energy Transfer Partners, L.P.: 546,093 shares worth $11.1M. The largest sale was Energy Transfer Partners L.p., an estimated $13.3M.
By sector, the portfolio is most concentrated in Technology at 36% of assets, down from 36% a quarter earlier, followed by Financials and Energy.
- SRB Corp's largest Q2 2017 buy was Energy Transfer Partners, L.P.: 546,093 shares worth $11.1M.
- SRB Corp added most to Tractor Supply in Q2 2017, an estimated $49.3K increase.
- SRB Corp's biggest Q2 2017 reduction was Tapestry, cutting an estimated $205K.
- SRB Corp fully exited Energy Transfer Partners L.p. in Q2 2017, selling an estimated $13.3M.
- SRB Corp's ten largest holdings make up 92% of its $697M portfolio in Q2 2017.
- SRB Corp opened 20 new positions and closed 20 in Q2 2017.
- SRB Corp's portfolio value fell 1.1% quarter-over-quarter to $697M.
Based on SRB Corp's 13F filing for Q2 2017, filed 14 Aug 2017.