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 |
ExxonMobil
XOM
|
+$25.1M |
| 2 |
Goodyear
GT
|
+$192K |
| 3 |
Patterson Companies, Inc.
PDCO
|
+$192K |
| 4 |
Tapestry
TPR
|
+$190K |
| 5 |
NetApp
NTAP
|
+$188K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Northeast Bank
NBN
|
+$7.27M |
| 2 |
ANDV
Andeavor
ANDV
|
+$206K |
| 3 |
PVH
PVH
|
+$201K |
| 4 |
AutoNation
AN
|
+$196K |
| 5 |
VF Corp
VFC
|
+$196K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 36.35% |
| 2 | Energy | 17.51% |
| 3 | Financials | 15.78% |
| 4 | Healthcare | 11.76% |
| 5 | Consumer Staples | 11.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Intel
INTC
$325B
| $141M | 18.67% |
3,712,128
| – | – |
2013 Q2
17 quarters
|
|
2
Microsoft
MSFT
$3.88T
| $131M | 17.26% |
1,754,621
| – | – |
2013 Q2
17 quarters
|
|
3
Safety Insurance
SAFT
$1.53B
| $110M | 14.56% |
1,444,765
| – | – |
2013 Q2
17 quarters
|
|
|
4
ExxonMobil
XOM
$693B
| $102M | 13.43% |
1,239,977
+315,833
| +34% | +$25.1M |
2013 Q2
17 quarters
|
|
5
Merck
MRK
$362B
| $85.9M | 11.35% |
1,406,640
| – | – |
2013 Q2
17 quarters
|
|
6
Target
TGT
$73.1B
| $70.8M | 9.35% |
1,199,433
+3,108
| +0.3% | +$174K |
2013 Q2
17 quarters
|
|
|
7
Tapestry
TPR
$26.1B
| $21.1M | 2.79% |
523,965
+4,304
| +0.8% | +$190K |
2013 Q2
17 quarters
|
|
8
Verisk Analytics
VRSK
$26.5B
| $18M | 2.38% |
216,675
| – | – |
2013 Q2
17 quarters
|
|
9
Procter & Gamble
PG
$389B
| $16.7M | 2.2% |
183,179
| – | – |
2013 Q2
17 quarters
|
|
10
Enterprise Products Partners
EPD
$80.7B
| $13.5M | 1.79% |
518,830
| – | – |
2013 Q2
17 quarters
|
|
|
ETP
11
DELISTED
Energy Transfer Partners, L.P.
ETP
| $10M | 1.32% |
546,093
| – | – |
2017 Q2
1 quarter
|
|
12
Plains All American Pipeline
PAA
$17.2B
| $7.01M | 0.93% |
330,935
| – | – |
2013 Q2
17 quarters
|
|
13
The Gap Inc
GAP
$7.46B
| $232K | 0.03% |
7,872
-312
| -4% | -$7.67K |
2014 Q3
12 quarters
|
|
14
Signet Jewelers
SIG
$4.53B
| $224K | 0.03% |
3,366
+316
| +10% | +$19.4K |
2016 Q1
6 quarters
|
|
15
Applied Materials
AMAT
$302B
| $212K | 0.03% |
4,065
| – | – |
2015 Q2
9 quarters
|
|
16
Valero Energy
VLO
$105B
| $210K | 0.03% |
2,735
-117
| -4% | -$8.06K |
2015 Q2
9 quarters
|
|
17
Tractor Supply
TSCO
$19B
| $209K | 0.03% |
16,500
| – | – |
2017 Q1
2 quarters
|
|
18
Albemarle
ALB
$11.2B
| $207K | 0.03% |
+1,517
| New | +$180K |
2017 Q3
0 quarters
|
|
19
Genuine Parts
GPC
$16.9B
| $206K | 0.03% |
2,149
+142
| +7% | +$12.1K |
2014 Q3
12 quarters
|
|
20
C.H. Robinson
CHRW
$15.6B
| $203K | 0.03% |
2,673
| – | – |
2016 Q1
6 quarters
|
|
21
Centene
CNC
$34.8B
| $203K | 0.03% |
4,194
-690
| -14% | -$29.7K |
2016 Q4
3 quarters
|
|
22
Lam Research
LRCX
$293B
| $203K | 0.03% |
10,980
-950
| -8% | -$15.4K |
2017 Q1
2 quarters
|
|
23
Capri Holdings
CPRI
$2.11B
| $202K | 0.03% |
4,223
-688
| -14% | -$28K |
2016 Q1
6 quarters
|
|
24
D.R. Horton
DHI
$39.2B
| $201K | 0.03% |
5,023
-328
| -6% | -$12K |
2016 Q2
5 quarters
|
|
25
DELISTED
Comerica
CMA
| $200K | 0.03% |
2,617
| – | – |
2017 Q2
1 quarter
|
|
Similar funds
SRB Corp's Q3 2017 Portfolio in Review
As of Q3 2017, SRB Corp held 194 positions worth $757M, up 8.6% from $697M the previous quarter. Its ten largest holdings account for 94% of the portfolio.
SRB Corp's Q3 2017 filing shows 21 new, 28 increased, 87 reduced and 16 closed positions. Its largest new stake was Goodyear: 5,922 shares worth $197K. The largest sale was Northeast Bank, an estimated $7.27M.
By sector, the portfolio is most concentrated in Technology at 36% of assets, up from 36% a quarter earlier, followed by Energy and Financials.
- SRB Corp's largest Q3 2017 buy was Goodyear: 5,922 shares worth $197K.
- SRB Corp added most to ExxonMobil in Q3 2017, an estimated $25.1M increase.
- SRB Corp's biggest Q3 2017 reduction was Boeing, cutting an estimated $56.9K.
- SRB Corp fully exited Northeast Bank in Q3 2017, selling an estimated $7.27M.
- SRB Corp's ten largest holdings make up 94% of its $757M portfolio in Q3 2017.
- SRB Corp opened 21 new positions and closed 16 in Q3 2017.
- SRB Corp's portfolio value rose 8.6% quarter-over-quarter to $757M.
Based on SRB Corp's 13F filing for Q3 2017, filed 14 Nov 2017.