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Latest PARSONS CAPITAL MANAGEMENT INC/RI Stock Portfolio

$1.47Billion– No. of Holdings #438

PARSONS CAPITAL MANAGEMENT INC/RI Performance:
2024 Q2: 1.39%YTD: 6.41%2023: 13.13%

Performance for 2024 Q2 is 1.39%, and YTD is 6.41%, and 2023 is 13.13%.

About PARSONS CAPITAL MANAGEMENT INC/RI and 13F Hedge Fund Stock Holdings

PARSONS CAPITAL MANAGEMENT INC/RI is a hedge fund based in PROVIDENCE, RI. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.7 Billions. In it's latest 13F Holdings report, PARSONS CAPITAL MANAGEMENT INC/RI reported an equity portfolio of $1.5 Billions as of 30 Jun, 2024.

The top stock holdings of PARSONS CAPITAL MANAGEMENT INC/RI are AAPL, MSFT, . The fund has invested 9.2% of it's portfolio in APPLE INC and 4.1% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off LISTED FD TR (META), LABORATORY CORP AMER HLDGS (LH) and NEWMONT CORP (NEM) stocks. They significantly reduced their stock positions in BHP GROUP LTD (BHP), VANGUARD STAR FDS (VXUS) and FORTIVE CORP (FTV). PARSONS CAPITAL MANAGEMENT INC/RI opened new stock positions in SOLVENTUM CORP, GLOBAL X FDS (ACTX) and GALLAGHER ARTHUR J & CO (AJG). The fund showed a lot of confidence in some stocks as they added substantially to KROGER CO (KR), EQUINOX GOLD CORP (EQX) and FREEPORT-MCMORAN INC (FCX).
PARSONS CAPITAL MANAGEMENT INC/RI Equity Portfolio Value
Last Reported on: 19 Jul, 2024

PARSONS CAPITAL MANAGEMENT INC/RI Annual Return Estimates Vs S&P 500

Our best estimate is that PARSONS CAPITAL MANAGEMENT INC/RI made a return of 1.39% in the last quarter. In trailing 12 months, it's portfolio return was 11.46%.

New Buys

Ticker$ Bought
solventum corp6,644,480
global x fds1,427,850
gallagher arthur j & co1,050,220
labcorp holdings inc565,148
spdr ser tr478,405
coherent corp326,070
amphenol corp new311,250
spdr ser tr305,550

New stocks bought by PARSONS CAPITAL MANAGEMENT INC/RI

Additions

Ticker% Inc.
kroger co168
equinox gold corp166
freeport-mcmoran inc149
super micro computer inc144
vaneck etf trust117
vertex pharmaceuticals inc97.00
ishares tr75.96
schwab strategic tr63.37

Additions to existing portfolio by PARSONS CAPITAL MANAGEMENT INC/RI

Reductions

Ticker% Reduced
bhp group ltd-63.73
vanguard star fds-60.84
fortive corp-56.69
cheniere energy inc-56.23
alliancebernstein global hig-50.47
barrick gold corp-46.57
csx corp-45.62
kenvue inc-40.33

PARSONS CAPITAL MANAGEMENT INC/RI reduced stake in above stock

Sold off

Ticker$ Sold
listed fd tr-1,321,770
abrdn asia pacific income fu-89,880
eaton vance flting rate inc-351,983
newmont corp-473,984
brookfield asset managmt ltd-274,685
halliburton co-229,780
ishares tr-259,016
spdr ser tr-216,903

PARSONS CAPITAL MANAGEMENT INC/RI got rid off the above stocks

Sector Distribution

PARSONS CAPITAL MANAGEMENT INC/RI has about 25.4% of it's holdings in Others sector.

Sector%
Others25.4
Technology22.7
Industrials10.9
Healthcare10.5
Financial Services7.7
Consumer Cyclical6.8
Energy6
Consumer Defensive3.7
Communication Services3.5

Market Cap. Distribution

PARSONS CAPITAL MANAGEMENT INC/RI has about 72.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category%
MEGA-CAP39.9
LARGE-CAP32.9
UNALLOCATED25.1
MID-CAP1.3

Stocks belong to which Index?

About 69.6% of the stocks held by PARSONS CAPITAL MANAGEMENT INC/RI either belong to S&P 500 or RUSSELL 2000 index.

Index%
S&P 50069.6
Others29.7
Top 5 Winners (%)%
NVDA
nvidia corporation
36.1 %
COHR
coherent corp
26.3 %
AAPL
apple inc
22.6 %
AVGO
broadcom inc
21.1 %
GOOG
alphabet inc
20.7 %
Top 5 Winners ($)$
AAPL
apple inc
25.3 M
NVDA
nvidia corporation
5.2 M
GOOG
alphabet inc
4.9 M
MSFT
microsoft corp
3.6 M
LLY
eli lilly & co
3.4 M
Top 5 Losers (%)%
CMG
chipotle mexican grill inc
-54.5 %
SBEV
splash beverage group inc
-50.0 %
APH
amphenol corp new
-44.1 %
POWW
ammo inc
-38.5 %
RLMD
relmada therapeutics inc
-35.4 %
Top 5 Losers ($)$
IBM
international business machs
-2.1 M
MMM
3m co
-1.9 M
INTC
intel corp
-1.8 M
HD
home depot inc
-1.8 M
RLMD
relmada therapeutics inc
-1.6 M

PARSONS CAPITAL MANAGEMENT INC/RI Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of PARSONS CAPITAL MANAGEMENT INC/RI

PARSONS CAPITAL MANAGEMENT INC/RI has 438 stocks in it's portfolio. About 32.9% of the portfolio is in top 10 stocks. IBM proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for PARSONS CAPITAL MANAGEMENT INC/RI last quarter.

Last Reported on: 19 Jul, 2024
TickerNamesorted ascending% PortfolioShares Held$ ValueType% ChangeOptions