Latest Suncoast Equity Management Stock Portfolio
Suncoast Equity Management Performance:
2024 Q3: 0.98%YTD: 10.98%2023: 26.89%
Performance for 2024 Q3 is 0.98%, and YTD is 10.98%, and 2023 is 26.89%.
About Suncoast Equity Management and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Suncoast Equity Management reported an equity portfolio of $877.4 Millions as of 30 Sep, 2024.
The top stock holdings of Suncoast Equity Management are MSFT, NVDA, AAPL. The fund has invested 8.7% of it's portfolio in MICROSOFT CORP and 7.7% of portfolio in NVIDIA CORPORATION.
The fund managers got completely rid off NIKE INC (NKE), CDW CORP (CDW) and NORTHWEST BANCSHARES INC MD (NWBI) stocks. They significantly reduced their stock positions in MERCK & CO INC (MRK), HCI GROUP INC (HCI) and UNITEDHEALTH GROUP INC (UNH). Suncoast Equity Management opened new stock positions in ROLLINS INC (ROL), GRAYSCALE ETHEREUM TR ETH and D R HORTON INC (DHI). The fund showed a lot of confidence in some stocks as they added substantially to DECKERS OUTDOOR CORP (DECK), ELI LILLY & CO (LLY) and CINTAS CORP (CTAS).
The top stock holdings of Suncoast Equity Management are MSFT, NVDA, AAPL. The fund has invested 8.7% of it's portfolio in MICROSOFT CORP and 7.7% of portfolio in NVIDIA CORPORATION.
The fund managers got completely rid off NIKE INC (NKE), CDW CORP (CDW) and NORTHWEST BANCSHARES INC MD (NWBI) stocks. They significantly reduced their stock positions in MERCK & CO INC (MRK), HCI GROUP INC (HCI) and UNITEDHEALTH GROUP INC (UNH). Suncoast Equity Management opened new stock positions in ROLLINS INC (ROL), GRAYSCALE ETHEREUM TR ETH and D R HORTON INC (DHI). The fund showed a lot of confidence in some stocks as they added substantially to DECKERS OUTDOOR CORP (DECK), ELI LILLY & CO (LLY) and CINTAS CORP (CTAS).
Suncoast Equity Management Annual Return Estimates Vs S&P 500
Our best estimate is that Suncoast Equity Management made a return of 0.98% in the last quarter. In trailing 12 months, it's portfolio return was 21.57%.
New Buys
| Ticker | $ Bought |
|---|---|
| rollins inc | 2,005,240 |
| grayscale ethereum tr eth | 426,855 |
| d r horton inc | 389,934 |
| vanguard index fds | 389,737 |
| forestar group inc | 364,551 |
| tesla inc | 211,659 |
| grayscale ethereum mini tr e | 71,980 |
New stocks bought by Suncoast Equity Management
Additions
| Ticker | % Inc. |
|---|---|
| deckers outdoor corp | 506 |
| eli lilly & co | 354 |
| cintas corp | 313 |
| check point software tech lt | 148 |
| mira pharmaceuticals inc | 125 |
| telomir pharmaceuticals inc | 109 |
| marsh & mclennan cos inc | 33.92 |
| ishares tr | 6.21 |
Additions to existing portfolio by Suncoast Equity Management
Reductions
| Ticker | % Reduced |
|---|---|
| merck & co inc | -89.05 |
| hci group inc | -28.82 |
| unitedhealth group inc | -10.23 |
| alphabet inc | -10.01 |
| mckesson corp | -7.16 |
| tractor supply co | -7.07 |
| mcdonalds corp | -6.91 |
| adobe inc | -6.53 |
Suncoast Equity Management reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| nike inc | -13,023,000 |
| northwest bancshares inc md | -448,821 |
| cdw corp | -463,796 |
| ishares tr | -315,752 |
Suncoast Equity Management got rid off the above stocks
Sector Distribution
Suncoast Equity Management has about 42.1% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 42.1 |
| Healthcare | 13.9 |
| Industrials | 10.3 |
| Financial Services | 9.1 |
| Others | 8.8 |
| Communication Services | 7.9 |
| Consumer Cyclical | 6.8 |
Market Cap. Distribution
Suncoast Equity Management has about 91.6% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 59.5 |
| LARGE-CAP | 32.1 |
| UNALLOCATED | 8.1 |
Stocks belong to which Index?
About 90.5% of the stocks held by Suncoast Equity Management either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 90.5 |
| Others | 9.4 |
Suncoast Equity Management Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Suncoast Equity Management
Suncoast Equity Management has 74 stocks in it's portfolio. About 57.2% of the portfolio is in top 10 stocks. DECK proved to be the most loss making stock for the portfolio. ACN was the most profitable stock for Suncoast Equity Management last quarter.
Last Reported on: 21 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 6.34 | 238,868 | 55,656,200 | reduced | -5.24 | ||
| ABC | cencora inc | 0.69 | 26,816 | 6,035,740 | added | 4.03 | ||
| ACN | accenture plc ireland | 5.12 | 127,060 | 44,913,200 | reduced | -5.57 | ||
| ADBE | adobe inc | 3.97 | 67,317 | 34,855,400 | reduced | -6.53 | ||
| ADP | automatic data processing in | 3.16 | 100,049 | 27,686,700 | reduced | -5.34 | ||
| AMZN | amazon com inc | 0.07 | 3,164 | 589,548 | added | 2.2 | ||
| BKNG | booking holdings inc | 5.24 | 10,918 | 45,988,000 | reduced | -6.41 | ||
| BR | broadridge finl solutions in | 0.62 | 25,145 | 5,406,930 | added | 2.3 | ||
| BRO | brown & brown inc | 0.17 | 14,355 | 1,487,180 | added | 2.87 | ||
| CDW | cdw corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CHKP | check point software tech lt | 0.12 | 5,405 | 1,042,140 | added | 148 | ||
| CPRT | copart inc | 0.17 | 27,990 | 1,466,680 | added | 3.09 | ||
| CRM | salesforce inc | 4.11 | 131,823 | 36,081,200 | reduced | -6.09 | ||
| CTAS | cintas corp | 0.26 | 11,175 | 2,300,720 | added | 313 | ||
| DECK | deckers outdoor corp | 0.16 | 8,867 | 1,413,840 | added | 506 | ||
| DHI | d r horton inc | 0.04 | 2,044 | 389,934 | new | |||
| ETN | eaton corp plc | 2.57 | 68,073 | 22,562,200 | reduced | -4.41 | ||
| EW | edwards lifesciences corp | 0.07 | 9,505 | 627,235 | added | 0.33 | ||
| FAST | fastenal co | 0.10 | 11,825 | 844,542 | added | 1.98 | ||
| FDX | fedex corp | 0.07 | 2,370 | 648,656 | reduced | -0.84 | ||