Latest CULLINAN ASSOCIATES INC Stock Portfolio

CULLINAN ASSOCIATES INC Performance:

2024 Q3: 3.02%YTD: 12.49%2023: 12.74%

Performance for 2024 Q3 is 3.02%, and YTD is 12.49%, and 2023 is 12.74%.

About CULLINAN ASSOCIATES INC and 13F Hedge Fund Stock Holdings

CULLINAN ASSOCIATES INC is a hedge fund based in LOUISVILLE, KY. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.9 Billions. In it's latest 13F Holdings report, CULLINAN ASSOCIATES INC reported an equity portfolio of $1.8 Billions as of 30 Sep, 2024.

The top stock holdings of CULLINAN ASSOCIATES INC are AAPL, WMT, KO. The fund has invested 10% of it's portfolio in APPLE INC and 5.6% of portfolio in WAL-MART STORES INC.

The fund managers got completely rid off CAPITAL ONE FINANCIAL (COF), MONSTER BEVERAGE CORP. (MNST) and LULULEMON (LULU) stocks. They significantly reduced their stock positions in CISCO SYSTEMS INC (CSCO), PFIZER INC (PFE) and THE TRAVELERS COMPANIES (TRV). CULLINAN ASSOCIATES INC opened new stock positions in GITLAB INC CL A (GTLB), PALO ALTO NETWORKS INC (PANW) and AXON ENTERPRISE INC (AXON). The fund showed a lot of confidence in some stocks as they added substantially to MICROSTRATEGY INC NEW (MSTR), LAM RESEARCH CORP (LRCX) and OKTA INC (OKTA).

CULLINAN ASSOCIATES INC Annual Return Estimates Vs S&P 500

Our best estimate is that CULLINAN ASSOCIATES INC made a return of 3.02% in the last quarter. In trailing 12 months, it's portfolio return was 20.78%.

New Buys

Ticker	$ Bought
gitlab inc cl a	2,605,680
palo alto networks inc	414,953
axon enterprise inc	309,673
constl. energy corporation	245,079
fulton financial	237,397
otis worldwide	210,730
eastman chemical	204,611

New stocks bought by CULLINAN ASSOCIATES INC

Additions

Ticker	% Inc.
lam research corp	900
microstrategy inc new	900
okta inc	149
ecolab inc	120
airbnb inc	88.86
williams-sonoma	88.57
verizon communications inc	65.73
cvs health corp	43.85

Additions to existing portfolio by CULLINAN ASSOCIATES INC

Reductions

Ticker	% Reduced
cisco systems inc	-78.98
pfizer inc	-75.24
the travelers companies	-72.93
resmed inc	-66.67
charles schwab corp	-65.72
duke energy hldg	-45.26
nike inc cl b	-44.68
rio tinto group	-42.91

CULLINAN ASSOCIATES INC reduced stake in above stock

Sold off

Ticker	$ Sold
capital one financial	-8,609,380
monster beverage corp.	-2,767,230
vale sa	-460,483
getty realty corp	-924,835
lululemon	-1,344,150
nxp semiconductors	-215,272

CULLINAN ASSOCIATES INC got rid off the above stocks

Sector Distribution

CULLINAN ASSOCIATES INC has about 27.5% of it's holdings in Technology sector.

Sector	%
Technology	27.5
Consumer Defensive	15.6
Financial Services	15
Healthcare	10
Consumer Cyclical	7.9
Industrials	7
Communication Services	6.1
Others	4.5
Energy	3.9

Market Cap. Distribution

CULLINAN ASSOCIATES INC has about 93.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	50.1
LARGE-CAP	43.3
UNALLOCATED	4.7
MID-CAP	1.9

Stocks belong to which Index?

About 88.9% of the stocks held by CULLINAN ASSOCIATES INC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	88.9
Others	10.1

Top 5 Winners (%)		%
DASH	doordash inc	40.1 %
PYPL	paypal hldg inc	38.5 %
BX	blackstone group	37.8 %
FBHS	fortune brands innovations inc	35.7 %
CEG	constl. energy corporation	33.4 %

Top 5 Winners ($)		$
AAPL	apple inc	19.8 M
WMT	wal-mart stores inc	18.4 M
SPGI	s&p global inc.	9.9 M
IBM	intl business machines corp	8.1 M
KO	coca-cola company	7.8 M

Top 5 Losers (%)		%
LRCX	lam research corp	-90.6 %
LAZR	luminar technologies inc	-45.1 %
SNAP	snap inc	-37.8 %
MSTR	microstrategy inc new	-34.4 %
WSM	williams-sonoma	-34.0 %

Top 5 Losers ($)		$
LRCX	lam research corp	-67.5 M
MSFT	microsoft corp	-5.6 M
AMAT	applied materials	-4.7 M
GOOG	alphabet class a	-2.8 M
COIN	coinbase global inc.	-2.2 M

CULLINAN ASSOCIATES INC Holdings Map

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

Current Stock Holdings of CULLINAN ASSOCIATES INC

CULLINAN ASSOCIATES INC has 232 stocks in it's portfolio. About 41.8% of the portfolio is in top 10 stocks. LRCX proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for CULLINAN ASSOCIATES INC last quarter.

Last Reported on: 23 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent	0.05	7,000	954,415	unchanged	0.00

AAPL	apple inc	10.04	754,368	178,102,000	reduced	-5.12

ABBV	abbvie inc	1.15	109,402	20,423,700	reduced	-9.29

ABNB	airbnb inc	0.93	119,903	16,412,300	added	88.86

ABT	abbott laboratories	0.29	43,794	5,124,120	reduced	-14.95

ACN	accenture plc	0.20	9,287	3,494,420	reduced	-6.71

ADBE	adobe	0.55	19,495	9,708,900	reduced	-14.37

ADI	analog devices	0.20	16,085	3,606,580	reduced	-18.85

ADP	automatic data	0.18	10,900	3,169,070	added	0.93

AFL	aflac inc	0.82	128,930	14,560,700	reduced	-3.59

AMAT	applied materials	0.92	88,582	16,319,900	reduced	-3.01

AMD	advanced micro	0.04	4,819	758,149	added	6.64

AMGN	amgen inc	0.86	47,903	15,192,200	reduced	-6.1

AMT	american tower reit	0.28	22,363	4,945,800	reduced	-7.58

AMZN	amazon	1.72	161,384	30,495,900	added	1.9

APPF	appfolio inc	0.01	1,200	240,258	unchanged	0.00

APTV	aptiv llc	0.02	5,700	402,106	unchanged	0.00

AVGO	broadcom ltd	0.14	13,589	2,431,540	added	11.39

AXON	axon enterprise inc	0.02	700	309,673	new

AXP	american express co	0.93	61,148	16,535,600	reduced	-6.02