Latest PARSONS CAPITAL MANAGEMENT INC/RI Stock Portfolio

PARSONS CAPITAL MANAGEMENT INC/RI Performance:

2024 Q3: 6.06%YTD: 13.59%2023: 13.13%

Performance for 2024 Q3 is 6.06%, and YTD is 13.59%, 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 $1.6 Billions as of 30 Sep, 2024.

The top stock holdings of PARSONS CAPITAL MANAGEMENT INC/RI are AAPL, MMM, . The fund has invested 9.3% of it's portfolio in APPLE INC and 4.4% of portfolio in 3M CO.

The fund managers got completely rid off SCHWAB CHARLES CORP (SCHW), ALLIANCEBERNSTEIN GLOBAL HIG and ISHARES S&P GSCI COMMODITY- (GSG) stocks. They significantly reduced their stock positions in INTEL CORP (INTC), GENERAC HLDGS INC (GNRC) and GENTEX CORP (GNTX). PARSONS CAPITAL MANAGEMENT INC/RI opened new stock positions in RANGE RES CORP (RRC), VISTRA CORP (VST) and J P MORGAN EXCHANGE TRADED F. The fund showed a lot of confidence in some stocks as they added substantially to CINTAS CORP (CTAS), PIMCO ETF TR (BOND) and ISHARES TR (IJR).

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 6.06% in the last quarter. In trailing 12 months, it's portfolio return was 22.4%.

New Buys

Ticker	$ Bought
range res corp	1,288,840
vistra corp	414,890
j p morgan exchange traded f	268,673
vanguard admiral fds inc	266,219
d r horton inc	249,337
janus detroit str tr	243,288
brookfield asset managmt ltd	242,220
state str corp	225,511

New stocks bought by PARSONS CAPITAL MANAGEMENT INC/RI

Additions

Ticker	% Inc.
cintas corp	275
pimco etf tr	220
ishares tr	105
williams sonoma inc	99.4
vanguard whitehall fds	88.91
spdr ser tr	77.82
berkley w r corp	57.02
ishares tr	52.7

Additions to existing portfolio by PARSONS CAPITAL MANAGEMENT INC/RI

Reductions

Ticker	% Reduced
intel corp	-64.14
generac hldgs inc	-59.78
gentex corp	-53.07
nextera energy partners lp	-49.21
dimensional etf trust	-45.1
cleveland-cliffs inc new	-43.59
invesco exchange traded fd t	-42.46
ishares tr	-38.65

PARSONS CAPITAL MANAGEMENT INC/RI reduced stake in above stock

Sold off

Ticker	$ Sold
alliancebernstein global hig	-450,913
nuveen quality muncp income	-371,748
ishares s&p gsci commodity-	-398,700
schwab charles corp	-1,306,010
organon & co	-237,492
dimensional etf trust	-257,485
spdr ser tr	-368,704
first tr exchng traded fd vi	-211,754

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

Sector Distribution

PARSONS CAPITAL MANAGEMENT INC/RI has about 25.7% of it's holdings in Others sector.

Sector	%
Others	25.7
Technology	22.3
Industrials	11.9
Healthcare	10.3
Financial Services	8
Consumer Cyclical	6.7
Energy	5.4
Consumer Defensive	3.7
Communication Services	3
Utilities	1.1

Market Cap. Distribution

PARSONS CAPITAL MANAGEMENT INC/RI has about 72.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	38.7
LARGE-CAP	33.7
UNALLOCATED	25.4
MID-CAP	1.3

Stocks belong to which Index?

About 69.3% of the stocks held by PARSONS CAPITAL MANAGEMENT INC/RI either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	69.3
Others	30

Top 5 Winners (%)		%
AMLX	amylyx pharmaceuticals inc	70.5 %
CLPT	clearpoint neuro inc	68.3 %
TELL	tellurian inc new	39.8 %
VST	vistra corp	38.8 %
FBHS	fortune brands innovations i	37.9 %

Top 5 Winners ($)		$
MMM	3m co	17.4 M
AAPL	apple inc	14.3 M
IBM	international business machs	5.5 M
ORCL	oracle corp	3.6 M
BX	blackstone inc	3.3 M

Top 5 Losers (%)		%
SMCI	super micro computer inc	-73.2 %
CTAS	cintas corp	-72.2 %
DLTR	dollar tree inc	-34.1 %
EW	edwards lifesciences corp	-28.6 %
WSM	williams sonoma inc	-27.9 %

Top 5 Losers ($)		$
GOOG	alphabet inc	-2.5 M
MSFT	microsoft corp	-2.3 M
CTAS	cintas corp	-1.7 M
AMZN	amazon com inc	-1.6 M
MRK	merck & co inc	-1.3 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 443 stocks in it's portfolio. About 32.8% of the portfolio is in top 10 stocks. GOOG proved to be the most loss making stock for the portfolio. MMM was the most profitable stock for PARSONS CAPITAL MANAGEMENT INC/RI last quarter.

Last Reported on: 04 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.02	1,955	290,279	unchanged	0.00

AAPL	apple inc	9.30	629,649	146,708,000	reduced	-1.81

AAXJ	ishares tr	0.15	18,336	2,330,510	reduced	-1.35

AAXJ	ishares tr	0.09	19,138	1,454,870	unchanged	0.00

AAXJ	ishares tr	0.08	23,579	1,266,640	added	0.55

AAXJ	ishares tr	0.07	20,818	1,191,210	reduced	-4.14

AAXJ	ishares tr	0.07	20,332	1,070,680	added	52.7

AAXJ	ishares tr	0.05	8,781	841,281	reduced	-30.93

AAXJ	ishares tr	0.05	6,098	734,017	unchanged	0.00

AAXJ	ishares tr	0.03	4,911	534,264	unchanged	0.00

AAXJ	ishares tr	0.03	8,400	492,955	unchanged	0.00

AAXJ	ishares tr	0.00	0.00	0.00	sold off	-100

ABBV	abbvie inc	1.16	92,525	18,271,800	reduced	-0.31

ABC	cencora inc	0.26	17,890	4,026,680	reduced	-1.62

ABT	abbott labs	0.52	71,595	8,162,570	reduced	-3.68

ACN	accenture plc ireland	0.46	20,539	7,260,130	reduced	-2.44

ACWF	ishares tr	0.36	90,109	5,648,900	added	12.65

ACWF	ishares tr	0.07	25,084	1,181,960	reduced	-2.99

ACWF	ishares tr	0.04	9,551	561,313	reduced	-38.65

ACWV	ishares inc	0.02	3,960	248,292	reduced	-3.86