Latest CYPRESS ASSET MANAGEMENT INC/TX Stock Portfolio
CYPRESS ASSET MANAGEMENT INC/TX Performance:
2024 Q1: 10.94%YTD: 10.94%2023: 21.65%
Performance for 2024 Q1 is 10.94%, and YTD is 10.94%, and 2023 is 21.65%.
About CYPRESS ASSET MANAGEMENT INC/TX and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, CYPRESS ASSET MANAGEMENT INC/TX reported an equity portfolio of $368.7 Millions as of 31 Mar, 2024.
The top stock holdings of CYPRESS ASSET MANAGEMENT INC/TX are MSFT, AAPL, NVDA. The fund has invested 6.2% of it's portfolio in MICROSOFT CORP and 5.7% of portfolio in APPLE INC.
The fund managers got completely rid off HUMANA INC (HUM), CROWN CASTLE INC (CCI) and AIR PRODS & CHEMS INC (APD) stocks. They significantly reduced their stock positions in UNITED PARCEL SERVICE INC (UPS), DIAGEO PLC (DEO) and SELECT SECTOR SPDR TR (XLB). CYPRESS ASSET MANAGEMENT INC/TX opened new stock positions in ANSYS INC (ANSS), INVESCO EXCHANGE TRADED FD T (CSD) and EXXON MOBIL CORP (XOM). The fund showed a lot of confidence in some stocks as they added substantially to META PLATFORMS INC (META), EMERSON ELEC CO (EMR) and BROADCOM INC (AVGO).
The top stock holdings of CYPRESS ASSET MANAGEMENT INC/TX are MSFT, AAPL, NVDA. The fund has invested 6.2% of it's portfolio in MICROSOFT CORP and 5.7% of portfolio in APPLE INC.
The fund managers got completely rid off HUMANA INC (HUM), CROWN CASTLE INC (CCI) and AIR PRODS & CHEMS INC (APD) stocks. They significantly reduced their stock positions in UNITED PARCEL SERVICE INC (UPS), DIAGEO PLC (DEO) and SELECT SECTOR SPDR TR (XLB). CYPRESS ASSET MANAGEMENT INC/TX opened new stock positions in ANSYS INC (ANSS), INVESCO EXCHANGE TRADED FD T (CSD) and EXXON MOBIL CORP (XOM). The fund showed a lot of confidence in some stocks as they added substantially to META PLATFORMS INC (META), EMERSON ELEC CO (EMR) and BROADCOM INC (AVGO).
CYPRESS ASSET MANAGEMENT INC/TX Annual Return Estimates Vs S&P 500
Our best estimate is that CYPRESS ASSET MANAGEMENT INC/TX made a return of 10.94% in the last quarter. In trailing 12 months, it's portfolio return was 26.09%.
New Buys
| Ticker | $ Bought |
|---|---|
| ansys inc | 778,333 |
| invesco exchange traded fd t | 473,050 |
| exxon mobil corp | 257,472 |
| oracle corp | 207,885 |
| boston scientific corp | 205,470 |
New stocks bought by CYPRESS ASSET MANAGEMENT INC/TX
Additions
| Ticker | % Inc. |
|---|---|
| meta platforms inc | 541 |
| emerson elec co | 63.1 |
| broadcom inc | 26.12 |
| synopsys inc | 21.62 |
| texas instrs inc | 21.32 |
| pioneer nat res co | 19.6 |
| spdr s&p 500 etf tr | 15.96 |
| abbott labs | 15.06 |
Additions to existing portfolio by CYPRESS ASSET MANAGEMENT INC/TX
Reductions
| Ticker | % Reduced |
|---|---|
| united parcel service inc | -89.78 |
| diageo plc | -86.41 |
| select sector spdr tr | -78.33 |
| verizon communications inc | -44.81 |
| abbvie inc | -40.5 |
| lam research corp | -36.36 |
| nextera energy inc | -35.42 |
| xylem inc | -16.79 |
CYPRESS ASSET MANAGEMENT INC/TX reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| sanofi | -508,489 |
| crown castle inc | -1,011,370 |
| comcast corp new | -252,050 |
| humana inc | -1,548,310 |
| aptiv plc | -253,908 |
| disney walt co | -239,268 |
| air prods & chems inc | -696,821 |
| dollar gen corp new | -339,195 |
CYPRESS ASSET MANAGEMENT INC/TX got rid off the above stocks
Sector Distribution
CYPRESS ASSET MANAGEMENT INC/TX has about 31% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 31 |
| Healthcare | 14.5 |
| Financial Services | 10.6 |
| Consumer Cyclical | 10.2 |
| Consumer Defensive | 9.5 |
| Industrials | 8.6 |
| Others | 8.5 |
| Communication Services | 4.2 |
| Basic Materials | 1.5 |
Market Cap. Distribution
CYPRESS ASSET MANAGEMENT INC/TX has about 91.5% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 60.1 |
| LARGE-CAP | 31.4 |
| UNALLOCATED | 8.5 |
Stocks belong to which Index?
About 0% of the stocks held by CYPRESS ASSET MANAGEMENT INC/TX either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 100 |
CYPRESS ASSET MANAGEMENT INC/TX Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of CYPRESS ASSET MANAGEMENT INC/TX
CYPRESS ASSET MANAGEMENT INC/TX has 110 stocks in it's portfolio. About 39.8% of the portfolio is in top 10 stocks. AAPL proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for CYPRESS ASSET MANAGEMENT INC/TX last quarter.
Last Reported on: 11 Jun, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| A | agilent technologies inc | 0.17 | 4,194 | 610,269 | unchanged | 0.00 | ||
| AAPL | apple inc | 5.69 | 119,607 | 20,996,700 | reduced | -2.52 | ||
| AAXJ | ishares tr | 0.65 | 39,635 | 2,392,520 | reduced | -2.94 | ||
| AAXJ | ishares tr | 0.30 | 8,428 | 1,125,100 | added | 0.95 | ||
| AAXJ | ishares tr | 0.24 | 8,125 | 879,828 | reduced | -0.14 | ||
| ABBV | abbvie inc | 0.20 | 4,150 | 755,715 | reduced | -40.5 | ||
| ABT | abbott labs | 0.87 | 27,967 | 3,195,780 | added | 15.06 | ||
| ADBE | adobe inc | 1.15 | 8,297 | 4,220,470 | added | 11.09 | ||
| ADI | analog devices inc | 1.78 | 32,833 | 6,572,170 | added | 6.04 | ||
| AMAT | applied matls inc | 1.36 | 24,182 | 5,023,760 | added | 2.31 | ||
| AMD | advanced micro devices inc | 1.90 | 38,461 | 6,997,060 | reduced | -0.35 | ||
| AMGN | amgen inc | 0.34 | 4,277 | 1,247,310 | added | 14.91 | ||
| AMZN | amazon com inc | 3.33 | 67,368 | 12,274,500 | added | 2.42 | ||
| ANSS | ansys inc | 0.21 | 2,242 | 778,333 | new | |||
| APD | air prods & chems inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| APTV | aptiv plc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ASML | asml holding n v | 0.61 | 2,257 | 2,258,280 | reduced | -1.44 | ||
| AVGO | broadcom inc | 2.26 | 6,190 | 8,344,780 | added | 26.12 | ||
| AZO | autozone inc | 0.07 | 78.00 | 245,829 | unchanged | 0.00 | ||
| BAC | bank america corp | 0.16 | 15,367 | 594,093 | added | 0.07 | ||