Latest MATRIX ASSET ADVISORS INC/NY Stock Portfolio
MATRIX ASSET ADVISORS INC/NY Performance:
2024 Q3: 7.17%YTD: 14.6%2023: 11.86%
Performance for 2024 Q3 is 7.17%, and YTD is 14.6%, and 2023 is 11.86%.
About MATRIX ASSET ADVISORS INC/NY and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, MATRIX ASSET ADVISORS INC/NY reported an equity portfolio of $899.1 Millions as of 30 Sep, 2024.
The top stock holdings of MATRIX ASSET ADVISORS INC/NY are MSFT, BK, JPM. The fund has invested 6.8% of it's portfolio in MICROSOFT CORP and 4.1% of portfolio in BANK NEW YORK MELLON CORP.
The fund managers got completely rid off TE CONNECTIVITY LTD (TEL), DUKE ENERGY CORP NEW (DUK) and DOCGO INC (DCGO) stocks. They significantly reduced their stock positions in PARAMOUNT GLOBAL (PARA), CVS HEALTH CORP (CVS) and ABBVIE INC (ABBV). MATRIX ASSET ADVISORS INC/NY opened new stock positions in TE CONNECTIVITY PLC, NUCOR CORP (NUE) and ISHARES TR (IJR). The fund showed a lot of confidence in some stocks as they added substantially to VANGUARD INDEX FDS (VB), ISHARES TR (IJR) and BECTON DICKINSON & CO (BDX).
The top stock holdings of MATRIX ASSET ADVISORS INC/NY are MSFT, BK, JPM. The fund has invested 6.8% of it's portfolio in MICROSOFT CORP and 4.1% of portfolio in BANK NEW YORK MELLON CORP.
The fund managers got completely rid off TE CONNECTIVITY LTD (TEL), DUKE ENERGY CORP NEW (DUK) and DOCGO INC (DCGO) stocks. They significantly reduced their stock positions in PARAMOUNT GLOBAL (PARA), CVS HEALTH CORP (CVS) and ABBVIE INC (ABBV). MATRIX ASSET ADVISORS INC/NY opened new stock positions in TE CONNECTIVITY PLC, NUCOR CORP (NUE) and ISHARES TR (IJR). The fund showed a lot of confidence in some stocks as they added substantially to VANGUARD INDEX FDS (VB), ISHARES TR (IJR) and BECTON DICKINSON & CO (BDX).
MATRIX ASSET ADVISORS INC/NY Annual Return Estimates Vs S&P 500
Our best estimate is that MATRIX ASSET ADVISORS INC/NY made a return of 7.17% in the last quarter. In trailing 12 months, it's portfolio return was 26.01%.
New Buys
| Ticker | $ Bought |
|---|---|
| te connectivity plc | 14,155,200 |
| nucor corp | 405,617 |
| ishares tr | 294,437 |
| international business machs | 248,273 |
| tesla inc | 217,938 |
| gartner inc | 202,704 |
New stocks bought by MATRIX ASSET ADVISORS INC/NY
Additions
| Ticker | % Inc. |
|---|---|
| vanguard index fds | 155 |
| ishares tr | 53.06 |
| becton dickinson & co | 37.6 |
| ishares tr | 34.1 |
| lowes cos inc | 30.29 |
| skyx platforms corp | 30.00 |
| spdr s&p midcap 400 etf tr | 23.7 |
| ishares tr | 22.85 |
Additions to existing portfolio by MATRIX ASSET ADVISORS INC/NY
Reductions
| Ticker | % Reduced |
|---|---|
| paramount global | -85.97 |
| cvs health corp | -61.42 |
| abbvie inc | -30.28 |
| goldman sachs group inc | -10.09 |
| jpmorgan chase & co. | -7.88 |
| fiserv inc | -3.06 |
| visa inc | -2.52 |
| thermo fisher scientific inc | -2.16 |
MATRIX ASSET ADVISORS INC/NY reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| docgo inc | -309,000 |
| te connectivity ltd | -14,288,000 |
| duke energy corp new | -6,508,000 |
| amphenol corp new | -206,000 |
| aon plc | -203,000 |
MATRIX ASSET ADVISORS INC/NY got rid off the above stocks
Sector Distribution
MATRIX ASSET ADVISORS INC/NY has about 25.9% of it's holdings in Financial Services sector.
| Sector | % |
|---|---|
| Financial Services | 25.9 |
| Technology | 19.2 |
| Healthcare | 15 |
| Others | 13.3 |
| Consumer Cyclical | 7.4 |
| Industrials | 6.7 |
| Communication Services | 5.7 |
| Utilities | 4.8 |
| Consumer Defensive | 1.9 |
Market Cap. Distribution
MATRIX ASSET ADVISORS INC/NY has about 86.6% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 55.7 |
| MEGA-CAP | 30.9 |
| UNALLOCATED | 13.3 |
Stocks belong to which Index?
About 90% of the stocks held by MATRIX ASSET ADVISORS INC/NY either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 90 |
| Others | 9.9 |
MATRIX ASSET ADVISORS INC/NY Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of MATRIX ASSET ADVISORS INC/NY
MATRIX ASSET ADVISORS INC/NY has 102 stocks in it's portfolio. About 38.7% of the portfolio is in top 10 stocks. QCOM proved to be the most loss making stock for the portfolio. BK was the most profitable stock for MATRIX ASSET ADVISORS INC/NY last quarter.
Last Reported on: 10 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 3.64 | 140,607 | 32,761,400 | added | 1.57 | ||
| ABBV | abbvie inc | 2.22 | 101,261 | 19,997,000 | reduced | -30.28 | ||
| ACN | accenture plc ireland | 0.03 | 805 | 284,551 | unchanged | 0.00 | ||
| AEP | american elec pwr co inc | 2.62 | 229,980 | 23,595,900 | reduced | -0.22 | ||
| AFL | aflac inc | 0.08 | 6,201 | 693,272 | unchanged | 0.00 | ||
| AGT | ishares tr | 0.04 | 4,259 | 358,480 | added | 34.1 | ||
| AMGN | amgen inc | 1.70 | 47,449 | 15,288,500 | added | 5.28 | ||
| AMZN | amazon com inc | 2.51 | 121,287 | 22,599,400 | reduced | -0.84 | ||
| AON | aon plc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| APH | amphenol corp new | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AXP | american express co | 0.10 | 3,212 | 871,094 | unchanged | 0.00 | ||
| BAC | bank america corp | 0.03 | 6,301 | 250,024 | unchanged | 0.00 | ||
| BDX | becton dickinson & co | 0.95 | 35,295 | 8,509,620 | added | 37.6 | ||
| BIL | spdr ser tr | 0.06 | 11,784 | 556,802 | added | 21.52 | ||
| BIL | spdr ser tr | 0.06 | 3,849 | 546,775 | added | 0.05 | ||
| BIL | spdr ser tr | 0.03 | 3,411 | 282,908 | added | 6.2 | ||
| BK | bank new york mellon corp | 4.11 | 514,356 | 36,961,600 | reduced | -1.03 | ||
| BMY | bristol-myers squibb co | 0.03 | 5,619 | 290,727 | added | 0.27 | ||
| CL | colgate palmolive co | 0.03 | 2,583 | 268,141 | reduced | -0.65 | ||
| CMCSA | comcast corp new | 3.40 | 730,834 | 30,526,900 | added | 0.86 | ||