Valley Wealth Managers Portfolio holdings
Valley Wealth Managers is the investment management arm of Valley National Bank, managing money and writing financial plans for individuals and institutions. It began as Hallmark Capital Management, which has offered investment management since 1986 and which Valley National Bancorp agreed to buy in 2005. In 2023 Hallmark took over the advisory business of a sister company, Valley Financial Management, in a reorganisation, and the combined business was renamed Valley Wealth Managers. Most client portfolios hold individual stocks and bonds.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Advance Auto Parts
AAP
|
+$10.8M |
| 2 |
Verizon
VZ
|
+$10.2M |
| 3 |
Target
TGT
|
+$1.26M |
| 4 |
iShares Select Dividend ETF
DVY
|
+$1.04M |
| 5 |
Pfizer
PFE
|
+$956K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FMC
FMC
|
+$12.8M |
| 2 |
AT&T
T
|
+$8.13M |
| 3 |
PROTECTIVE LIFE CORP
PL
|
+$6.64M |
| 4 |
Corning
GLW
|
+$1.1M |
| 5 |
Darden Restaurants
DRI
|
+$864K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.57% |
| 2 | Technology | 17.34% |
| 3 | Financials | 13.86% |
| 4 | Energy | 11.6% |
| 5 | Consumer Staples | 11.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Halliburton
HAL
$27.1B
| $13.9M | 2.65% |
196,160
-1,095
| -0.6% | -$70.2K |
2013 Q3
3 quarters
|
|
2
Apple
AAPL
$5.21T
| $13.6M | 2.59% |
586,780
+1,972
| +0.3% | +$42K |
2013 Q2
4 quarters
|
|
3
Cencora
COR
$66.9B
| $13.5M | 2.57% |
185,901
+327
| +0.2% | +$22.4K |
2013 Q2
4 quarters
|
|
4
People Inc
PPLI
$3.32B
| $13.3M | 2.53% |
1,075,018
+5,417
| +0.5% | +$64.9K |
2013 Q3
3 quarters
|
|
5
Johnson & Johnson
JNJ
$681B
| $13.2M | 2.52% |
126,639
-828
| -0.6% | -$83.7K |
2013 Q2
4 quarters
|
|
6
Wells Fargo
WFC
$259B
| $13.2M | 2.51% |
251,629
-2,895
| -1% | -$146K |
2013 Q2
4 quarters
|
|
7
Kroger
KR
$41.2B
| $13.1M | 2.5% |
531,390
-6,890
| -1% | -$160K |
2013 Q2
4 quarters
|
|
8
Microchip Technology
MCHP
$33.9B
| $12.3M | 2.33% |
502,882
+13,772
| +3% | +$328K |
2013 Q2
4 quarters
|
|
9
Coca-Cola Europacific Partners
CCEP
$52B
| $12.2M | 2.32% |
255,410
+4,605
| +2% | +$213K |
2013 Q4
2 quarters
|
|
10
Microsoft
MSFT
$3.92T
| $12.2M | 2.32% |
292,633
-1,216
| -0.4% | -$49.2K |
2013 Q2
4 quarters
|
|
11
Amgen
AMGN
$254B
| $12.1M | 2.31% |
102,513
+1,551
| +2% | +$180K |
2013 Q2
4 quarters
|
|
12
Blackrock
BLK
$190B
| $12M | 2.27% |
37,422
-1,901
| -5% | -$583K |
2013 Q2
4 quarters
|
|
|
13
DELISTED
PROTECTIVE LIFE CORP
PL
| $11.9M | 2.26% |
171,804
-116,721
| -40% | -$6.64M |
2013 Q2
4 quarters
|
|
14
Union Pacific
UNP
$181B
| $11.9M | 2.26% |
119,181
+1,749
| +1% | +$169K |
2014 Q1
1 quarter
|
|
15
PNC Financial Services
PNC
$91.8B
| $11.7M | 2.23% |
131,875
+4,330
| +3% | +$370K |
2013 Q2
4 quarters
|
|
|
16
Advance Auto Parts
AAP
$2.77B
| $11.7M | 2.23% |
+86,850
| New | +$10.8M |
2014 Q2
0 quarters
|
|
17
CVS Health
CVS
$114B
| $11.6M | 2.21% |
154,502
-648
| -0.4% | -$49K |
2013 Q2
4 quarters
|
|
|
18
Verizon
VZ
$193B
| $11.5M | 2.19% |
235,360
+210,557
| +849% | +$10.2M |
2013 Q2
4 quarters
|
|
19
Honeywell
HON
$71.8B
| $11.5M | 2.19% |
137,735
+1,942
| +1% | +$162K |
2013 Q2
4 quarters
|
|
20
Chevron
CVX
$420B
| $11.4M | 2.16% |
86,983
+96
| +0.1% | +$11.9K |
2013 Q2
4 quarters
|
|
21
Occidental Petroleum
OXY
$58.1B
| $11.3M | 2.15% |
115,114
+896
| +0.8% | +$84.2K |
2013 Q2
4 quarters
|
|
22
ExxonMobil
XOM
$686B
| $11.3M | 2.14% |
111,905
-3,073
| -3% | -$310K |
2013 Q2
4 quarters
|
|
23
Crown Holdings
CCK
$13.2B
| $11.2M | 2.14% |
225,913
+2,540
| +1% | +$122K |
2013 Q2
4 quarters
|
|
24
VF Corp
VFC
$8B
| $11.2M | 2.12% |
188,022
+1,837
| +1% | +$107K |
2013 Q2
4 quarters
|
|
|
ESRX
25
DELISTED
Express Scripts Holding Company
ESRX
| $11.1M | 2.1% |
159,570
+5,330
| +3% | +$375K |
2013 Q2
4 quarters
|
|
Similar funds
Valley Wealth Managers's Q2 2014 Portfolio in Review
As of Q2 2014, Valley Wealth Managers held 118 positions worth $526M, up 5.1% from $501M the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Valley Wealth Managers's Q2 2014 filing shows 14 new, 67 increased, 22 reduced and 7 closed positions. Its largest new stake was Advance Auto Parts: 86,850 shares worth $11.7M. The largest sale was FMC, an estimated $12.8M.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 19% a quarter earlier, followed by Technology and Financials.
- Valley Wealth Managers's largest Q2 2014 buy was Advance Auto Parts: 86,850 shares worth $11.7M.
- Valley Wealth Managers added most to Verizon in Q2 2014, an estimated $10.2M increase.
- Valley Wealth Managers's biggest Q2 2014 reduction was AT&T, cutting an estimated $8.13M.
- Valley Wealth Managers fully exited FMC in Q2 2014, selling an estimated $12.8M.
- Valley Wealth Managers's ten largest holdings make up 25% of its $526M portfolio in Q2 2014.
- Valley Wealth Managers opened 14 new positions and closed 7 in Q2 2014.
- Valley Wealth Managers's portfolio value rose 5.1% quarter-over-quarter to $526M.
Based on Valley Wealth Managers's 13F filing for Q2 2014, filed 4 Aug 2014.