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 |
Cigna
CI
|
+$14.3M |
| 2 |
Newell Brands
NWL
|
+$13.7M |
| 3 |
HP
HPQ
|
+$1.61M |
| 4 |
MXIM
Maxim Integrated Products
MXIM
|
+$1.49M |
| 5 |
ExxonMobil
XOM
|
+$1.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
People Inc
PPLI
|
+$15.8M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$15.2M |
| 3 |
Kroger
KR
|
+$12.1M |
| 4 |
Microchip Technology
MCHP
|
+$2.02M |
| 5 |
Automatic Data Processing
ADP
|
+$1.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.06% |
| 2 | Healthcare | 17% |
| 3 | Financials | 16.74% |
| 4 | Consumer Discretionary | 11.07% |
| 5 | Consumer Staples | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$4.98T
| $22.7M | 3.04% |
630,492
-6,072
| -1% | -$224K |
2013 Q2
16 quarters
|
|
2
Microsoft
MSFT
$3.94T
| $20M | 2.68% |
289,983
-7,176
| -2% | -$493K |
2013 Q2
16 quarters
|
|
3
Johnson & Johnson
JNJ
$665B
| $19.5M | 2.61% |
147,435
-2,807
| -2% | -$358K |
2013 Q2
16 quarters
|
|
|
4
Microchip Technology
MCHP
$31.8B
| $17.8M | 2.38% |
460,962
-51,350
| -10% | -$2.02M |
2013 Q2
16 quarters
|
|
5
CDW
CDW
$19.6B
| $17.7M | 2.37% |
283,412
-5,065
| -2% | -$303K |
2015 Q2
8 quarters
|
|
6
Oracle
ORCL
$362B
| $17.6M | 2.36% |
350,680
+1,552
| +0.4% | +$70.7K |
2013 Q2
16 quarters
|
|
7
Honeywell
HON
$69.7B
| $17.4M | 2.33% |
144,370
-1,548
| -1% | -$183K |
2013 Q2
16 quarters
|
|
8
Elevance Health
ELV
$92B
| $17.3M | 2.31% |
91,791
-1,679
| -2% | -$302K |
2013 Q2
16 quarters
|
|
9
Labcorp
LH
$29.8B
| $17.2M | 2.3% |
129,504
+3,026
| +2% | +$371K |
2013 Q2
16 quarters
|
|
10
PNC Financial Services
PNC
$89.5B
| $16.9M | 2.26% |
135,164
-439
| -0.3% | -$53K |
2013 Q2
16 quarters
|
|
11
Cisco
CSCO
$370B
| $16.6M | 2.22% |
530,365
+7,898
| +2% | +$257K |
2013 Q2
16 quarters
|
|
12
Blackrock
BLK
$182B
| $16.4M | 2.2% |
38,908
-115
| -0.3% | -$45.9K |
2013 Q2
16 quarters
|
|
13
Walmart Inc
WMT
$996B
| $16.3M | 2.19% |
647,556
+5,220
| +0.8% | +$133K |
2013 Q2
16 quarters
|
|
14
Chevron
CVX
$415B
| $16.2M | 2.17% |
155,106
-2,603
| -2% | -$276K |
2013 Q2
16 quarters
|
|
15
Crown Holdings
CCK
$13.1B
| $16.1M | 2.16% |
269,719
+5,423
| +2% | +$306K |
2013 Q2
16 quarters
|
|
16
Accenture
ACN
$154B
| $16M | 2.14% |
129,305
+318
| +0.2% | +$38.7K |
2013 Q2
16 quarters
|
|
17
Amgen
AMGN
$249B
| $16M | 2.14% |
92,766
+722
| +0.8% | +$117K |
2013 Q2
16 quarters
|
|
18
Wells Fargo
WFC
$252B
| $16M | 2.14% |
288,077
+3,589
| +1% | +$192K |
2013 Q2
16 quarters
|
|
19
Reinsurance Group of America
RGA
$17B
| $15.8M | 2.12% |
123,280
+1,920
| +2% | +$242K |
2013 Q2
16 quarters
|
|
|
20
ExxonMobil
XOM
$677B
| $15.7M | 2.11% |
194,937
+15,878
| +9% | +$1.3M |
2013 Q2
16 quarters
|
|
21
Hanover Insurance
THG
$8.35B
| $15.7M | 2.1% |
176,915
+4,700
| +3% | +$404K |
2015 Q1
9 quarters
|
|
22
CVS Health
CVS
$107B
| $15.6M | 2.09% |
194,022
+2,689
| +1% | +$212K |
2013 Q2
16 quarters
|
|
23
Aptiv
APTV
$7.98B
| $15.5M | 2.07% |
176,375
+2,285
| +1% | +$191K |
2016 Q4
2 quarters
|
|
24
Cencora
COR
$63.7B
| $15.3M | 2.05% |
161,507
+1,120
| +0.7% | +$100K |
2013 Q2
16 quarters
|
|
25
Ingredion
INGR
$5.72B
| $15.2M | 2.04% |
127,862
+3,043
| +2% | +$361K |
2015 Q2
8 quarters
|
|
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Valley Wealth Managers's Q2 2017 Portfolio in Review
As of Q2 2017, Valley Wealth Managers held 206 positions worth $746M, down 0.92% from $753M the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Valley Wealth Managers's Q2 2017 filing shows 4 new, 41 increased, 78 reduced and 80 closed positions. Its largest new stake was Cigna: 88,887 shares worth $14.9M. The largest sale was People Inc, an estimated $15.8M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Financials.
- Valley Wealth Managers's largest Q2 2017 buy was Cigna: 88,887 shares worth $14.9M.
- Valley Wealth Managers added most to ExxonMobil in Q2 2017, an estimated $1.3M increase.
- Valley Wealth Managers's biggest Q2 2017 reduction was Microchip Technology, cutting an estimated $2.02M.
- Valley Wealth Managers fully exited People Inc in Q2 2017, selling an estimated $15.8M.
- Valley Wealth Managers's ten largest holdings make up 25% of its $746M portfolio in Q2 2017.
- Valley Wealth Managers opened 4 new positions and closed 80 in Q2 2017.
- Valley Wealth Managers's portfolio value fell 0.92% quarter-over-quarter to $746M.
Based on Valley Wealth Managers's 13F filing for Q2 2017, filed 13 Jul 2017.