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 |
Travel + Leisure Co
TNL
|
+$10.6M |
| 2 |
Digital Realty Trust
DLR
|
+$9.03M |
| 3 |
Chevron
CVX
|
+$3.7M |
| 4 |
Union Pacific
UNP
|
+$3.59M |
| 5 |
Occidental Petroleum
OXY
|
+$2.41M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ESRX
Express Scripts Holding Company
ESRX
|
+$13.4M |
| 2 |
IBM
IBM
|
+$4.94M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.02M |
| 4 |
iShares Russell 1000 Growth ETF
IWF
|
+$2.54M |
| 5 |
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
|
+$1.99M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.33% |
| 2 | Healthcare | 16.76% |
| 3 | Financials | 16.32% |
| 4 | Consumer Staples | 12.06% |
| 5 | Consumer Discretionary | 9.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$3.89T
| $16M | 2.7% |
289,722
-2,066
| -0.7% | -$108K |
2013 Q2
11 quarters
|
|
|
ITC
2
DELISTED
ITC HOLDINGS CORP
ITC
| $15.1M | 2.56% |
347,493
-16,387
| -5% | -$666K |
2015 Q3
2 quarters
|
|
3
Johnson & Johnson
JNJ
$688B
| $15M | 2.54% |
138,734
-1,986
| -1% | -$206K |
2013 Q2
11 quarters
|
|
4
Hanover Insurance
THG
$8.53B
| $14.8M | 2.51% |
164,515
-5,990
| -4% | -$495K |
2015 Q1
4 quarters
|
|
5
Accenture
ACN
$148B
| $14.6M | 2.47% |
126,811
-3,351
| -3% | -$344K |
2013 Q2
11 quarters
|
|
|
6
Digital Realty Trust
DLR
$68.1B
| $14.3M | 2.42% |
161,765
+111,445
| +221% | +$9.03M |
2015 Q4
1 quarter
|
|
7
Kroger
KR
$41.8B
| $14.3M | 2.41% |
373,679
-24,075
| -6% | -$929K |
2013 Q2
11 quarters
|
|
8
CVS Health
CVS
$114B
| $14.2M | 2.4% |
136,886
+2,130
| +2% | +$207K |
2013 Q2
11 quarters
|
|
9
Ingredion
INGR
$5.86B
| $14M | 2.37% |
131,455
-13,100
| -9% | -$1.31M |
2015 Q2
3 quarters
|
|
10
Apple
AAPL
$5.18T
| $13.9M | 2.35% |
510,800
+6,908
| +1% | +$172K |
2013 Q2
11 quarters
|
|
11
Cisco
CSCO
$377B
| $13.9M | 2.35% |
488,150
+14,993
| +3% | +$386K |
2013 Q2
11 quarters
|
|
12
Honeywell
HON
$70.6B
| $13.8M | 2.34% |
137,359
-4,315
| -3% | -$404K |
2013 Q2
11 quarters
|
|
13
Microchip Technology
MCHP
$33.6B
| $13.7M | 2.32% |
570,120
+11,040
| +2% | +$246K |
2013 Q2
11 quarters
|
|
14
Ross Stores
ROST
$74B
| $13.6M | 2.29% |
234,040
-16,338
| -7% | -$907K |
2013 Q2
11 quarters
|
|
|
BCR
15
DELISTED
CR Bard Inc.
BCR
| $13.5M | 2.29% |
66,772
-1,686
| -2% | -$318K |
2013 Q2
11 quarters
|
|
|
SNI
16
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $13.4M | 2.27% |
205,250
+2,060
| +1% | +$123K |
2015 Q4
1 quarter
|
|
17
Verizon
VZ
$192B
| $13.3M | 2.24% |
245,660
+4,104
| +2% | +$205K |
2013 Q2
11 quarters
|
|
18
CDW
CDW
$21.4B
| $13.2M | 2.23% |
318,622
+2,190
| +0.7% | +$85.4K |
2015 Q2
3 quarters
|
|
19
PNC Financial Services
PNC
$92.3B
| $13.2M | 2.22% |
155,508
+15,800
| +11% | +$1.35M |
2013 Q2
11 quarters
|
|
20
Blackrock
BLK
$189B
| $13.1M | 2.22% |
38,553
+444
| +1% | +$141K |
2013 Q2
11 quarters
|
|
21
Amgen
AMGN
$252B
| $13M | 2.19% |
86,650
+694
| +0.8% | +$103K |
2013 Q2
11 quarters
|
|
22
Reinsurance Group of America
RGA
$17.9B
| $12.9M | 2.19% |
134,475
+590
| +0.4% | +$51.9K |
2013 Q2
11 quarters
|
|
23
Oracle
ORCL
$391B
| $12.9M | 2.18% |
316,058
+10,520
| +3% | +$389K |
2013 Q2
11 quarters
|
|
24
ExxonMobil
XOM
$696B
| $12.8M | 2.16% |
153,115
+8,564
| +6% | +$686K |
2013 Q2
11 quarters
|
|
|
25
Chevron
CVX
$429B
| $12.7M | 2.14% |
133,113
+42,312
| +47% | +$3.7M |
2013 Q2
11 quarters
|
|
Similar funds
Valley Wealth Managers's Q1 2016 Portfolio in Review
As of Q1 2016, Valley Wealth Managers held 118 positions worth $592M, up 6.2% from $557M the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Valley Wealth Managers's Q1 2016 filing shows 18 new, 58 increased, 34 reduced and 6 closed positions. Its largest new stake was Travel + Leisure Co: 334,835 shares worth $11.6M. The largest sale was Express Scripts Holding Company, an estimated $13.4M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, down from 18% a quarter earlier, followed by Healthcare and Financials.
- Valley Wealth Managers's largest Q1 2016 buy was Travel + Leisure Co: 334,835 shares worth $11.6M.
- Valley Wealth Managers added most to Digital Realty Trust in Q1 2016, an estimated $9.03M increase.
- Valley Wealth Managers's biggest Q1 2016 reduction was IBM, cutting an estimated $4.94M.
- Valley Wealth Managers fully exited Express Scripts Holding Company in Q1 2016, selling an estimated $13.4M.
- Valley Wealth Managers's ten largest holdings make up 25% of its $592M portfolio in Q1 2016.
- Valley Wealth Managers opened 18 new positions and closed 6 in Q1 2016.
- Valley Wealth Managers's portfolio value rose 6.2% quarter-over-quarter to $592M.
Based on Valley Wealth Managers's 13F filing for Q1 2016, filed 6 May 2016.