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 |
Starwood Property Trust
STWD
|
+$13.5M |
| 2 |
United Parcel Service
UPS
|
+$1.53M |
| 3 |
Duke Energy
DUK
|
+$1.5M |
| 4 |
Walmart Inc
WMT
|
+$936K |
| 5 |
ExxonMobil
XOM
|
+$793K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Digital Realty Trust
DLR
|
+$16.6M |
| 2 |
LLTC
Linear Technology Corp
LLTC
|
+$1.34M |
| 3 |
RTN
Raytheon Company
RTN
|
+$1.34M |
| 4 |
Ingredion
INGR
|
+$1.18M |
| 5 |
Apple
AAPL
|
+$1.12M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.09% |
| 2 | Healthcare | 16.34% |
| 3 | Financials | 15.94% |
| 4 | Consumer Discretionary | 10.59% |
| 5 | Consumer Staples | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$4.98T
| $19.7M | 2.9% |
697,592
-42,268
| -6% | -$1.12M |
2013 Q2
13 quarters
|
|
2
Microsoft
MSFT
$3.94T
| $17.8M | 2.62% |
309,681
+340
| +0.1% | +$19.2K |
2013 Q2
13 quarters
|
|
3
Microchip Technology
MCHP
$31.8B
| $17.5M | 2.58% |
564,700
-17,870
| -3% | -$520K |
2013 Q2
13 quarters
|
|
4
Johnson & Johnson
JNJ
$665B
| $17.2M | 2.54% |
146,017
+2,755
| +2% | +$334K |
2013 Q2
13 quarters
|
|
5
Cisco
CSCO
$370B
| $16.8M | 2.47% |
528,776
+16,682
| +3% | +$513K |
2013 Q2
13 quarters
|
|
|
ITC
6
DELISTED
ITC HOLDINGS CORP
ITC
| $15.7M | 2.31% |
337,898
-2,675
| -0.8% | -$124K |
2015 Q3
4 quarters
|
|
|
7
Ingredion
INGR
$5.72B
| $15.5M | 2.28% |
116,807
-8,815
| -7% | -$1.18M |
2015 Q2
5 quarters
|
|
|
8
ExxonMobil
XOM
$677B
| $15.5M | 2.28% |
177,690
+8,936
| +5% | +$793K |
2013 Q2
13 quarters
|
|
9
Honeywell
HON
$69.7B
| $15.4M | 2.27% |
147,337
+2,776
| +2% | +$290K |
2013 Q2
13 quarters
|
|
10
PNC Financial Services
PNC
$89.5B
| $15.2M | 2.23% |
168,572
+4,960
| +3% | +$426K |
2013 Q2
13 quarters
|
|
11
Ross Stores
ROST
$73.8B
| $15.2M | 2.23% |
235,877
-3,075
| -1% | -$189K |
2013 Q2
13 quarters
|
|
12
Accenture
ACN
$154B
| $15.1M | 2.21% |
123,353
+480
| +0.4% | +$54.7K |
2013 Q2
13 quarters
|
|
13
Chevron
CVX
$415B
| $14.8M | 2.17% |
143,430
+3,169
| +2% | +$324K |
2013 Q2
13 quarters
|
|
14
CDW
CDW
$19.6B
| $14.7M | 2.17% |
322,480
+3,428
| +1% | +$150K |
2015 Q2
5 quarters
|
|
15
Amgen
AMGN
$249B
| $14.7M | 2.16% |
87,940
+25
| +0% | +$4.23K |
2013 Q2
13 quarters
|
|
16
Crown Holdings
CCK
$13.1B
| $14.6M | 2.14% |
255,066
+1,635
| +0.6% | +$87.6K |
2013 Q2
13 quarters
|
|
17
People Inc
PPLI
$3.16B
| $14.5M | 2.13% |
1,295,499
-10,715
| -0.8% | -$113K |
2013 Q3
12 quarters
|
|
18
Reinsurance Group of America
RGA
$17B
| $14.5M | 2.13% |
133,950
-1,365
| -1% | -$139K |
2013 Q2
13 quarters
|
|
19
Labcorp
LH
$29.8B
| $14.4M | 2.12% |
122,183
+2,840
| +2% | +$335K |
2013 Q2
13 quarters
|
|
20
Verizon
VZ
$189B
| $14.4M | 2.11% |
276,640
+5,796
| +2% | +$311K |
2013 Q2
13 quarters
|
|
21
LKQ Corp
LKQ
$5.06B
| $14.3M | 2.1% |
403,475
+4,180
| +1% | +$145K |
2016 Q2
1 quarter
|
|
22
Blackrock
BLK
$182B
| $14M | 2.06% |
38,574
-55
| -0.1% | -$20K |
2013 Q2
13 quarters
|
|
|
BCR
23
DELISTED
CR Bard Inc.
BCR
| $13.9M | 2.05% |
62,157
-820
| -1% | -$185K |
2013 Q2
13 quarters
|
|
|
24
Starwood Property Trust
STWD
$4.46B
| $13.7M | 2.02% |
+609,820
| New | +$13.5M |
2016 Q3
0 quarters
|
|
|
SNI
25
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $13.6M | 2% |
214,705
+4,530
| +2% | +$290K |
2015 Q4
3 quarters
|
|
Similar funds
Valley Wealth Managers's Q3 2016 Portfolio in Review
As of Q3 2016, Valley Wealth Managers held 241 positions worth $680M, up 3.7% from $656M the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Valley Wealth Managers's Q3 2016 filing shows 18 new, 99 increased, 28 reduced and 36 closed positions. Its largest new stake was Starwood Property Trust: 609,820 shares worth $13.7M. The largest sale was Digital Realty Trust, an estimated $16.6M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Healthcare and Financials.
- Valley Wealth Managers's largest Q3 2016 buy was Starwood Property Trust: 609,820 shares worth $13.7M.
- Valley Wealth Managers added most to Walmart Inc in Q3 2016, an estimated $936K increase.
- Valley Wealth Managers's biggest Q3 2016 reduction was Ingredion, cutting an estimated $1.18M.
- Valley Wealth Managers fully exited Digital Realty Trust in Q3 2016, selling an estimated $16.6M.
- Valley Wealth Managers's ten largest holdings make up 24% of its $680M portfolio in Q3 2016.
- Valley Wealth Managers opened 18 new positions and closed 36 in Q3 2016.
- Valley Wealth Managers's portfolio value rose 3.7% quarter-over-quarter to $680M.
Based on Valley Wealth Managers's 13F filing for Q3 2016, filed 9 Nov 2016.