Latest Montecito Bank & Trust Stock Portfolio

Montecito Bank & Trust Performance:

2024 Q3: 2.35%YTD: 10.38%2023: 13.07%

Performance for 2024 Q3 is 2.35%, and YTD is 10.38%, and 2023 is 13.07%.

About Montecito Bank & Trust and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Montecito Bank & Trust reported an equity portfolio of $587 Millions as of 30 Sep, 2024.

The top stock holdings of Montecito Bank & Trust are IJR, NVDA, MSFT. The fund has invested 5% of it's portfolio in ISHARES RUSSELL 1000 GROWTH ETF and 4.6% of portfolio in NVIDIA CORP.

The fund managers got completely rid off PROLOGIS INC (PLD), FORD MOTOR CO (F) and INTEL CORP (INTC) stocks. They significantly reduced their stock positions in ISHARES SHORT TREASURY BOND ETF (AAXJ), ISHARES ESG AWARE MSCI USA SMAL (BGRN) and ISHARES MSCI USA VALUE FACTOR E (IBCE). Montecito Bank & Trust opened new stock positions in VANGUARD INTERMEDIATE-TERM BOND (BIV), ISHARES CORE U.S. AGGREGATE BON (IJR) and ISHARES NATIONAL MUNI BOND ETF (AAXJ). The fund showed a lot of confidence in some stocks as they added substantially to THE CIGNA GROUP (CI), MASCO CORP (MAS) and SALESFORCE INC (CRM).

Montecito Bank & Trust Annual Return Estimates Vs S&P 500

Our best estimate is that Montecito Bank & Trust made a return of 2.35% in the last quarter. In trailing 12 months, it's portfolio return was 17.49%.

New Buys

Ticker	$ Bought
vanguard intermediate-term bond	15,627,300
ishares core u.s. aggregate bon	14,831,300
ishares national muni bond etf	4,623,290
ishares 5-10 year invest grade	1,996,610
ishares 3-7 year treasury bond	1,412,420
vanguard short-term bond etf	1,369,520
ishares iboxx $ invest grade co	1,141,320
vertex pharmaceuticals inc	752,965

New stocks bought by Montecito Bank & Trust

Additions

Ticker	% Inc.
the cigna group	138
masco corp	125
salesforce inc	111
lam research corp	109
booking holdings inc	106
fastenal co	103
ishares ibonds dec 2030 term co	91.48
ishares ibonds dec 2029 term co	90.9

Additions to existing portfolio by Montecito Bank & Trust

Reductions

Ticker	% Reduced
ishares short treasury bond etf	-69.14
ishares esg aware msci usa smal	-35.6
ishares msci usa value factor e	-31.09
texas instruments inc	-27.24
ishares u.s. energy etf	-26.69
vanguard ftse emerging markets	-26.04
quest diagnostics inc	-22.91
kimberly-clark corp	-21.07

Montecito Bank & Trust reduced stake in above stock

Sold off

Ticker	$ Sold
bank of america	-248,964
ford motor co	-329,050
intel corp	-306,479
prologis inc	-616,582
schlumberger ltd	-226,417
zimmer biomet holdings inc	-210,765
xylem inc	-229,215
darden restaurants inc	-203,979

Montecito Bank & Trust got rid off the above stocks

Sector Distribution

Montecito Bank & Trust has about 54.8% of it's holdings in Others sector.

Sector	%
Others	54.8
Technology	12.6
Healthcare	6.5
Consumer Defensive	5.1
Industrials	4.7
Financial Services	3.9
Utilities	3.7
Communication Services	3.3
Energy	2.2
Consumer Cyclical	2.2

Market Cap. Distribution

Montecito Bank & Trust has about 41.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	54.8
MEGA-CAP	25.2
LARGE-CAP	16.6
SMALL-CAP	3

Stocks belong to which Index?

About 44.5% of the stocks held by Montecito Bank & Trust either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	55.5
S&P 500	41.1
RUSSELL 2000	3.4

Top 5 Winners (%)		%
MMM	3m co	33.7 %
IBM	intl business machines corp	27.4 %
CARR	carrier global corp	27.1 %
SBUX	starbucks corp	24.2 %
BMY	bristol-myers squibb co	24.0 %

Top 5 Winners ($)		$
KO	coca-cola co/the	0.9 M
IJR	ishares russell 1000 growth etf	0.9 M
IJR	ishares russell 1000 value etf	0.8 M
IJR	ishares core s&p 500 etf	0.7 M
IJR	ishares core s&p mid-cap etf	0.7 M

Top 5 Losers (%)		%
LRCX	lam research corp	-83.1 %
CTAS	cintas corp	-72.8 %
MU	micron technology inc	-21.1 %
MCK	mckesson corp	-15.1 %
QCOM	qualcomm inc	-14.5 %

Top 5 Losers ($)		$
LRCX	lam research corp	-3.7 M
MSFT	microsoft corp	-0.7 M
GOOG	alphabet inc-cl a	-0.7 M
CTAS	cintas corp	-0.6 M
NVDA	nvidia corp	-0.5 M

Montecito Bank & Trust Holdings Map

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

Current Stock Holdings of Montecito Bank & Trust

Montecito Bank & Trust has 274 stocks in it's portfolio. About 29.2% of the portfolio is in top 10 stocks. LRCX proved to be the most loss making stock for the portfolio. KO was the most profitable stock for Montecito Bank & Trust last quarter.

Last Reported on: 31 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAXJ	ishares national muni bond etf	0.79	42,560	4,623,290	new

AAXJ	ishares msci eafe value etf	0.78	79,701	4,585,200	added	1.05

AAXJ	ishares 5-10 year invest grade	0.34	37,167	1,996,610	new

AAXJ	ishares mbs etf	0.28	16,894	1,618,610	reduced	-15.25

AAXJ	ishares 3-7 year treasury bond	0.24	11,809	1,412,420	new

AAXJ	ishares u.s. medical devices et	0.24	23,636	1,399,720	reduced	-5.84

AAXJ	ishares preferred and income se	0.23	41,517	1,379,610	unchanged	0.00

AAXJ	ishares msci acwi etf	0.22	10,533	1,259,220	reduced	-3.97

AAXJ	ishares broad usd invest grade	0.14	15,067	792,223	unchanged	0.00

AAXJ	ishares short treasury bond etf	0.12	6,210	687,012	reduced	-69.14

AAXJ	ishares msci eafe growth etf	0.11	6,003	646,223	added	8.91

AAXJ	ishares msci kld 400 social etf	0.10	5,443	592,144	unchanged	0.00

AAXJ	ishares global infrastructure e	0.10	10,752	585,231	reduced	-0.34

AAXJ	ishares j.p. morgan usd em bond	0.07	4,502	421,297	added	0.22

AAXJ	ishares global clean energy etf	0.06	22,004	323,239	unchanged	0.00

AAXJ	ishares msci eafe small-cap etf	0.04	3,465	234,581	new

AAXJ	ishares agency bond etf	0.04	2,078	229,411	reduced	-12.62

ABBV	abbvie inc	1.11	33,075	6,531,650	added	25.11

ACN	accenture plc-cl a	0.31	5,083	1,796,740	reduced	-10.48

ACWF	ishares treasury floating rate	0.90	104,164	5,270,700	reduced	-0.63