Latest NORRIS PERNE & FRENCH LLP/MI Stock Portfolio

NORRIS PERNE & FRENCH LLP/MI Performance:

2024 Q3: 4.39%YTD: 11.35%2023: 26.89%

Performance for 2024 Q3 is 4.39%, and YTD is 11.35%, and 2023 is 26.89%.

About NORRIS PERNE & FRENCH LLP/MI and 13F Hedge Fund Stock Holdings

NORRIS PERNE & FRENCH LLP/MI is a hedge fund based in GRAND RAPIDS, MI. On 27-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $2 Billions. In it's latest 13F Holdings report, NORRIS PERNE & FRENCH LLP/MI reported an equity portfolio of $1.5 Billions as of 30 Sep, 2024.

The top stock holdings of NORRIS PERNE & FRENCH LLP/MI are MSFT, GOOG, . The fund has invested 6.7% of it's portfolio in MICROSOFT and 4.8% of portfolio in ALPHABET INC.

The fund managers got completely rid off DOLLAR TREE STORES INC (DLTR), SCHLUMBERGER LTD COM STK (SLB) and MACATAWA BANK CORP (MCBC) stocks. They significantly reduced their stock positions in ISHARES TR S&P 1500 INDEX FD (IJR), SOUTHERN CO COM (SO) and TEXAS INSTRS INC COM (TXN). NORRIS PERNE & FRENCH LLP/MI opened new stock positions in WINTRUST FINL CORP COM (WTFC), WEC ENERGY GROUP INC COM (WEC) and VANGUARD S&P 500 ETF (VB). The fund showed a lot of confidence in some stocks as they added substantially to SHERWIN WILLIAMS CO COM (SHW), TRIMBLE INC COM and PACCAR INC COM (PCAR).

NORRIS PERNE & FRENCH LLP/MI Annual Return Estimates Vs S&P 500

Our best estimate is that NORRIS PERNE & FRENCH LLP/MI made a return of 4.39% in the last quarter. In trailing 12 months, it's portfolio return was 22.52%.

New Buys

Ticker	$ Bought
wintrust finl corp com	1,352,500
wec energy group inc com	244,490
vanguard s&p 500 etf	226,664
oge energy corp com	216,586
aflac inc com	214,656
spdr dow jones industrial etf	206,483

New stocks bought by NORRIS PERNE & FRENCH LLP/MI

Additions

Ticker	% Inc.
sherwin williams co com	110
trimble inc com	65.17
paccar inc com	64.81
procter and gamble co com	58.93
novo-nordisk a/s adr adr cmn	41.04
fidelity total bond etf	29.49
epam systems inc	28.06
kenvue inc com	28.04

Additions to existing portfolio by NORRIS PERNE & FRENCH LLP/MI

Reductions

Ticker	% Reduced
ishares tr s&p 1500 index fd	-75.65
southern co com	-41.21
texas instrs inc com	-23.16
quanta svcs inc com	-16.95
exxon mobil corp com	-15.74
amphenol corp cl a	-14.44
verisk analytics inccl a	-14.06
alphabet inc cap stk cl c	-13.02

NORRIS PERNE & FRENCH LLP/MI reduced stake in above stock

Sold off

Ticker	$ Sold
dollar tree stores inc	-14,550,400
macatawa bank corp	-204,517
millerknoll inc com	-202,807
schlumberger ltd com stk	-213,442

NORRIS PERNE & FRENCH LLP/MI got rid off the above stocks

Sector Distribution

NORRIS PERNE & FRENCH LLP/MI has about 26.6% of it's holdings in Technology sector.

Sector	%
Technology	26.6
Others	15.7
Industrials	13
Healthcare	12
Consumer Cyclical	9.5
Basic Materials	7.7
Financial Services	5.6
Communication Services	5.1
Energy	2.6
Utilities	1.5

Market Cap. Distribution

NORRIS PERNE & FRENCH LLP/MI has about 75.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	45
MEGA-CAP	30.8
UNALLOCATED	15.7
MID-CAP	8.5

Stocks belong to which Index?

About 70.4% of the stocks held by NORRIS PERNE & FRENCH LLP/MI either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	70.4
Others	28.6

Top 5 Winners (%)		%
IBM	intl business machines	27.6 %
MKTX	marketaxess hldgs inc com	27.3 %
ALSN	allison transmission hldgs inc com	26.5 %
SBUX	starbucks corp	25.2 %
LMT	lockheed martin corp	25.0 %

Top 5 Winners ($)		$
COHR	coherent corp	6.6 M
ALSN	allison transmission hldgs inc com	6.4 M
SO	southern co com	4.4 M
SHW	sherwin williams co com	3.7 M
PWR	quanta svcs inc com	3.6 M

Top 5 Losers (%)		%
F	ford motor company	-15.7 %
QCOM	qualcomm inc com	-14.6 %
AMAT	applied matls inc com	-14.4 %
GNTX	gentex corp	-11.9 %
QLYS	qualys inc com	-9.6 %

Top 5 Losers ($)		$
GOOG	alphabet inc.	-6.7 M
AMAT	applied matls inc com	-6.7 M
MSFT	microsoft	-3.8 M
MRK	merck & co inc	-2.2 M
HUBS	hubspot inc com	-1.9 M

NORRIS PERNE & FRENCH LLP/MI Holdings Map

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

Current Stock Holdings of NORRIS PERNE & FRENCH LLP/MI

NORRIS PERNE & FRENCH LLP/MI has 146 stocks in it's portfolio. About 33.7% of the portfolio is in top 10 stocks. GOOG proved to be the most loss making stock for the portfolio. COHR was the most profitable stock for NORRIS PERNE & FRENCH LLP/MI last quarter.

Last Reported on: 28 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	1.30	81,627	19,019,100	reduced	-4.01

AAXJ	ishares msci eafe growth index etf	0.30	41,261	4,441,720	added	2.04

ABBV	abbvie inc com	0.04	2,747	542,478	added	2.23

ABT	abbott labs com	1.77	226,216	25,790,800	reduced	-1.11

ADBE	adobe sys inc	1.61	45,291	23,450,700	added	0.54

ADP	automatic data processing inc com	0.01	772	213,636	reduced	-9.92

AFL	aflac inc com	0.01	1,920	214,656	new

ALSN	allison transmission hldgs inc com	2.08	316,594	30,415,200	reduced	-0.66

AMAT	applied matls inc com	2.65	191,405	38,673,300	reduced	-2.48

AMZN	amazon.com inc	2.79	218,195	40,656,300	added	8.23

AOA	ishares trust russell 200 growth index fd	0.04	2,800	616,140	unchanged	0.00

AON	aon corp	0.03	1,070	370,209	unchanged	0.00

APH	amphenol corp cl a	0.03	5,924	386,008	reduced	-14.44

AVTR	avantor inc com	0.87	491,696	12,720,200	added	0.59

BAC	bk of america corp 7.25 cnv pfd l ig	0.04	428	544,848	unchanged	0.00

BAC	bank america corp com	0.01	5,050	200,384	reduced	-5.92

BALL	ball corp com	1.33	285,965	19,419,900	reduced	-0.21

BIL	spdr portfolio s&p 500 value etf	0.02	4,451	235,280	unchanged	0.00

CCCS	ccc intelligent solutions hld com	0.26	341,367	3,772,100	added	10.33

CDW	cdw corp com	0.85	54,814	12,404,400	added	0.98