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 corp	6,644,480
global x fds	1,427,850
gallagher arthur j & co	1,050,220
labcorp holdings inc	565,148
spdr ser tr	478,405
coherent corp	326,070
amphenol corp new	311,250
spdr ser tr	305,550

New stocks bought by PARSONS CAPITAL MANAGEMENT INC/RI

Additions

Ticker	% Inc.
kroger co	168
equinox gold corp	166
freeport-mcmoran inc	149
super micro computer inc	144
vaneck etf trust	117
vertex pharmaceuticals inc	97.00
ishares tr	75.96
schwab strategic tr	63.37

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	%
Others	25.4
Technology	22.7
Industrials	10.9
Healthcare	10.5
Financial Services	7.7
Consumer Cyclical	6.8
Energy	6
Consumer Defensive	3.7
Communication Services	3.5

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-CAP	39.9
LARGE-CAP	32.9
UNALLOCATED	25.1
MID-CAP	1.3

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 500	69.6
Others	29.7

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

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.02	1,955	253,427	unchanged	0.00

AAPL	apple inc	9.20	641,241	135,058,000	reduced	-1.64

AAXJ	ishares tr	0.13	18,586	1,878,300	unchanged	0.00

AAXJ	ishares tr	0.09	19,138	1,341,460	unchanged	0.00

AAXJ	ishares tr	0.08	23,450	1,202,070	reduced	-2.91

AAXJ	ishares tr	0.08	12,713	1,167,140	reduced	-31.29

AAXJ	ishares tr	0.08	21,718	1,153,880	reduced	-1.08

AAXJ	ishares tr	0.05	6,098	685,233	reduced	-1.36

AAXJ	ishares tr	0.05	13,315	682,261	added	75.96

AAXJ	ishares tr	0.04	4,911	509,984	unchanged	0.00

AAXJ	ishares tr	0.03	8,400	452,542	unchanged	0.00

AAXJ	ishares tr	0.01	2,045	209,204	new

ABBV	abbvie inc	1.08	92,810	15,918,800	reduced	-0.11

ABC	cencora inc	0.28	18,185	4,097,080	reduced	-0.53

ABT	abbott labs	0.53	74,327	7,723,340	reduced	-4.14

ACN	accenture plc ireland	0.44	21,053	6,387,690	reduced	-1.4

ACTX	global x fds	0.10	31,652	1,427,850	new

ACWF	ishares tr	0.31	79,987	4,608,020	added	0.23

ACWF	ishares tr	0.08	25,856	1,169,210	reduced	-4.46

ACWF	ishares tr	0.06	15,568	866,982	reduced	-32.68