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 |
NLSN
Nielsen Holdings plc
NLSN
|
+$15.9M |
| 2 |
Eastman Chemical
EMN
|
+$13.7M |
| 3 |
Sabre
SABR
|
+$1.74M |
| 4 |
Verizon
VZ
|
+$630K |
| 5 |
Newell Brands
NWL
|
+$574K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SNI
Scripps Networks Interactive, Inc Common Class A
SNI
|
+$14.5M |
| 2 |
GE Aerospace
GE
|
+$2.02M |
| 3 |
Qualcomm
QCOM
|
+$1.72M |
| 4 |
Altria Group
MO
|
+$794K |
| 5 |
Boeing
BA
|
+$771K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.09% |
| 2 | Financials | 16.55% |
| 3 | Healthcare | 16.28% |
| 4 | Consumer Discretionary | 11.33% |
| 5 | Industrials | 10.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$5.18T
| $24.7M | 3.11% |
641,688
+11,196
| +2% | +$434K |
2013 Q2
17 quarters
|
|
2
Microsoft
MSFT
$3.89T
| $21.3M | 2.68% |
286,321
-3,662
| -1% | -$267K |
2013 Q2
17 quarters
|
|
3
Microchip Technology
MCHP
$33.6B
| $20.1M | 2.53% |
447,852
-13,110
| -3% | -$550K |
2013 Q2
17 quarters
|
|
4
Johnson & Johnson
JNJ
$688B
| $18.9M | 2.38% |
145,476
-1,959
| -1% | -$260K |
2013 Q2
17 quarters
|
|
5
CDW
CDW
$21.4B
| $18.6M | 2.34% |
282,132
-1,280
| -0.5% | -$80.1K |
2015 Q2
9 quarters
|
|
6
Honeywell
HON
$70.6B
| $18.3M | 2.3% |
142,796
-1,574
| -1% | -$195K |
2013 Q2
17 quarters
|
|
7
PNC Financial Services
PNC
$92.3B
| $18.3M | 2.29% |
135,420
+256
| +0.2% | +$32.9K |
2013 Q2
17 quarters
|
|
8
Chevron
CVX
$429B
| $18.1M | 2.28% |
154,398
-708
| -0.5% | -$77.3K |
2013 Q2
17 quarters
|
|
9
Cisco
CSCO
$377B
| $18.1M | 2.28% |
538,490
+8,125
| +2% | +$259K |
2013 Q2
17 quarters
|
|
10
Accenture
ACN
$148B
| $17.6M | 2.21% |
129,943
+638
| +0.5% | +$83.1K |
2013 Q2
17 quarters
|
|
11
Amgen
AMGN
$252B
| $17.4M | 2.19% |
93,551
+785
| +0.8% | +$139K |
2013 Q2
17 quarters
|
|
12
DELISTED
Spirit AeroSystems
SPR
| $17.4M | 2.19% |
224,301
-35
| -0% | -$2.42K |
2017 Q1
2 quarters
|
|
13
Blackrock
BLK
$189B
| $17.4M | 2.19% |
38,978
+70
| +0.2% | +$29.9K |
2013 Q2
17 quarters
|
|
14
Elevance Health
ELV
$92.8B
| $17.3M | 2.18% |
91,276
-515
| -0.6% | -$98K |
2013 Q2
17 quarters
|
|
15
Reinsurance Group of America
RGA
$17.9B
| $17.2M | 2.16% |
123,105
-175
| -0.1% | -$23.7K |
2013 Q2
17 quarters
|
|
16
Walmart Inc
WMT
$1.02T
| $17.2M | 2.16% |
658,599
+11,043
| +2% | +$290K |
2013 Q2
17 quarters
|
|
17
Hanover Insurance
THG
$8.53B
| $17.1M | 2.15% |
176,700
-215
| -0.1% | -$20.5K |
2015 Q1
10 quarters
|
|
18
Oracle
ORCL
$391B
| $17.1M | 2.15% |
354,044
+3,364
| +1% | +$167K |
2013 Q2
17 quarters
|
|
19
Aptiv
APTV
$7.84B
| $17.1M | 2.15% |
173,740
-2,635
| -1% | -$249K |
2016 Q4
3 quarters
|
|
20
Cigna
CI
$78.3B
| $17M | 2.13% |
90,697
+1,810
| +2% | +$322K |
2017 Q2
1 quarter
|
|
21
Labcorp
LH
$30.1B
| $16.8M | 2.12% |
129,737
+233
| +0.2% | +$31.1K |
2013 Q2
17 quarters
|
|
|
NLSN
22
DELISTED
Nielsen Holdings plc
NLSN
| $16.5M | 2.08% |
+398,354
| New | +$15.9M |
2017 Q3
0 quarters
|
|
23
LKQ Corp
LKQ
$4.91B
| $16.4M | 2.06% |
455,865
+2,810
| +0.6% | +$95.8K |
2016 Q2
5 quarters
|
|
|
24
Verizon
VZ
$192B
| $16.3M | 2.05% |
329,404
+13,397
| +4% | +$630K |
2013 Q2
17 quarters
|
|
25
ExxonMobil
XOM
$696B
| $16.3M | 2.05% |
198,653
+3,716
| +2% | +$295K |
2013 Q2
17 quarters
|
|
Similar funds
Valley Wealth Managers's Q3 2017 Portfolio in Review
As of Q3 2017, Valley Wealth Managers held 133 positions worth $795M, up 6.6% from $746M the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Valley Wealth Managers's Q3 2017 filing shows 7 new, 55 increased, 51 reduced and 14 closed positions. Its largest new stake was Nielsen Holdings plc: 398,354 shares worth $16.5M. The largest sale was Scripps Networks Interactive, Inc Common Class A, an estimated $14.5M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Financials and Healthcare.
- Valley Wealth Managers's largest Q3 2017 buy was Nielsen Holdings plc: 398,354 shares worth $16.5M.
- Valley Wealth Managers added most to Verizon in Q3 2017, an estimated $630K increase.
- Valley Wealth Managers's biggest Q3 2017 reduction was GE Aerospace, cutting an estimated $2.02M.
- Valley Wealth Managers fully exited Scripps Networks Interactive, Inc Common Class A in Q3 2017, selling an estimated $14.5M.
- Valley Wealth Managers's ten largest holdings make up 24% of its $795M portfolio in Q3 2017.
- Valley Wealth Managers opened 7 new positions and closed 14 in Q3 2017.
- Valley Wealth Managers's portfolio value rose 6.6% quarter-over-quarter to $795M.
Based on Valley Wealth Managers's 13F filing for Q3 2017, filed 30 Oct 2017.