Latest OLD POINT TRUST & FINANCIAL SERVICES N A Stock Portfolio

OLD POINT TRUST & FINANCIAL SERVICES N A Performance:

2024 Q3: 7.48%YTD: 12.15%2023: 5.61%

Performance for 2024 Q3 is 7.48%, and YTD is 12.15%, and 2023 is 5.61%.

About OLD POINT TRUST & FINANCIAL SERVICES N A and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, OLD POINT TRUST & FINANCIAL SERVICES N A reported an equity portfolio of $278.4 Millions as of 30 Sep, 2024.

The top stock holdings of OLD POINT TRUST & FINANCIAL SERVICES N A are MSFT, AAPL, XOM. The fund has invested 6% of it's portfolio in MICROSOFT CORP and 4.4% of portfolio in APPLE INC.

The fund managers got completely rid off WESTROCK CO (WRK), ZIFF DAVIS INC (ZD) and THE TRADE DESK INC CL A (TTD) stocks. They significantly reduced their stock positions in BOEING CO. (BA), SOLVENTUM CORP COM and ZOOM VIDEO COMMUNICATIONS INC (ZM). OLD POINT TRUST & FINANCIAL SERVICES N A opened new stock positions in EASTMAN CHEM CO (EMN), ISHARES IBONDS DEC 2027 TERM T (DMXF) and SMURFIT WESTROCK LIMITED. The fund showed a lot of confidence in some stocks as they added substantially to WARNER BROS DISCOVERY INC (WBD), TEXTRON INC (TXT) and COMCAST CORP CL A (CMCSA).

OLD POINT TRUST & FINANCIAL SERVICES N A Annual Return Estimates Vs S&P 500

Our best estimate is that OLD POINT TRUST & FINANCIAL SERVICES N A made a return of 7.48% in the last quarter. In trailing 12 months, it's portfolio return was 20.81%.

New Buys

Ticker	$ Bought
eastman chem co	74,111
ishares ibonds dec 2027 term t	67,452
smurfit westrock limited	53,571
ishares ibonds dec 2026 term t	48,437
ferguson enterprises inc	40,111
ishares 20yr tr	8,731
vanguard interme	6,646
sirius xm hldgs inc new com	1,088

New stocks bought by OLD POINT TRUST & FINANCIAL SERVICES N A

Additions

Ticker	% Inc.
warner bros discovery inc	19,144
textron inc	2,318
comcast corp cl a	487
at&t inc	170
wr berkley corp	73.85
cocacola co	64.11
vici properties inc	28.57
ge aerospace	21.94

Additions to existing portfolio by OLD POINT TRUST & FINANCIAL SERVICES N A

Reductions

Ticker	% Reduced
boeing co.	-84.19
solventum corp com	-71.36
zoom video communications inc	-50.00
metlife inc	-48.84
williams cos inc	-48.17
lumen technologies inc	-43.62
costco wholesale corp	-34.59
franklin va tax free income fu	-34.41

OLD POINT TRUST & FINANCIAL SERVICES N A reduced stake in above stock

Sold off

Ticker	$ Sold
energy transfer equity lp	-24,330
westrock co	-54,482
honest co inc	-2,920
norwegian cruise	-14,093
ashford hospitality tr inc	-486
sofi technologies inc	-3,305
ziff davis inc	-27,525
fastly inc cl a	-2,211

OLD POINT TRUST & FINANCIAL SERVICES N A got rid off the above stocks

Sector Distribution

OLD POINT TRUST & FINANCIAL SERVICES N A has about 22.5% of it's holdings in Technology sector.

Sector	%
Technology	22.5
Energy	13.1
Consumer Defensive	11.9
Industrials	11.3
Healthcare	10
Financial Services	10
Utilities	6.3
Consumer Cyclical	5.1
Communication Services	4
Basic Materials	2.4
Others	2
Real Estate	1.3

Market Cap. Distribution

OLD POINT TRUST & FINANCIAL SERVICES N A has about 95.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	59.5
MEGA-CAP	36.2
UNALLOCATED	2
MICRO-CAP	1.8

Stocks belong to which Index?

About 92.3% of the stocks held by OLD POINT TRUST & FINANCIAL SERVICES N A either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	92.3
Others	7.5

Top 5 Winners (%)		%
LUMN	lumen technologies inc	485.6 %
VFC	vf corporation	47.8 %
PLTR	palantir technologies inc a	46.6 %
CBRE	cbre group inc	39.7 %
FBHS	fortune brands innovations inc	37.9 %

Top 5 Winners ($)		$
PLTR	palantir technologies inc a	1.6 M
BX	blackstone inc	1.5 M
RTX	rtx corporation	1.4 M
ACN	accenture plc cl a	1.3 M
OPOF	old point financial corporatio	1.2 M

Top 5 Losers (%)		%
LIDR	aeye inc wt exp	-55.6 %
NKLA	nikola corp	-44.4 %
MRNA	moderna inc	-43.7 %
LAZR	luminar technologies inc	-39.6 %
DLTR	dollar tree inc	-34.1 %

Top 5 Losers ($)		$
INTC	intel corp	-0.9 M
COP	conocophillips	-0.7 M
MSFT	microsoft corp	-0.7 M
GOOG	alphabet inc cl a	-0.3 M
MRO	marathon oil corp	-0.2 M

OLD POINT TRUST & FINANCIAL SERVICES N A Holdings Map

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

Current Stock Holdings of OLD POINT TRUST & FINANCIAL SERVICES N A

OLD POINT TRUST & FINANCIAL SERVICES N A has 323 stocks in it's portfolio. About 35.7% of the portfolio is in top 10 stocks. INTC proved to be the most loss making stock for the portfolio. PLTR was the most profitable stock for OLD POINT TRUST & FINANCIAL SERVICES N A last quarter.

Last Reported on: 08 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.40	7,416	1,101,130	added	0.54

AAPL	apple inc	4.40	52,591	12,253,700	reduced	-2.13

ABBV	abbvie inc	0.14	1,949	384,889	unchanged	0.00

ABT	abbott laboratories	0.17	4,155	473,712	unchanged	0.00

ACCO	acco brands corp	0.00	410	2,243	unchanged	0.00

ACN	accenture plc cl a	3.08	24,246	8,570,480	reduced	-11.26

ADBE	adobe sys inc	0.01	41.00	21,229	unchanged	0.00

ADI	analog devices inc	0.17	2,035	468,396	unchanged	0.00

ADM	archer daniels midland co	0.11	5,246	313,396	reduced	-3.67

ADP	automatic data processing inc	0.03	262	72,503	unchanged	0.00

AFL	aflac inc	0.04	943	105,427	unchanged	0.00

AHT	ashford hospitality tr inc	0.00	0.00	0.00	sold off	-100

AIG	american international group	0.00	179	13,108	unchanged	0.00

ALB	albemarle corp	0.07	2,080	196,997	unchanged	0.00

AMAT	applied materials inc	0.00	50.00	10,103	unchanged	0.00

AMD	advanced micro devics	0.11	1,810	296,985	added	12.42

AMGN	amgen inc	2.88	24,859	8,009,820	reduced	-3.02

AMWL	american well corp cl a	0.00	0.00	0.00	sold off	-100

AMZN	amazon.com inc	2.35	35,051	6,531,050	added	4.33

ARLP	alliance resource partners	0.01	1,000	25,000	unchanged	0.00