Latest Corundum Group, Inc. Stock Portfolio
Corundum Group, Inc. Performance:
2024 Q3: 5.72%YTD: 6.96%2023: 15.18%
Performance for 2024 Q3 is 5.72%, and YTD is 6.96%, and 2023 is 15.18%.
About Corundum Group, Inc. and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Corundum Group, Inc. reported an equity portfolio of $219.2 Millions as of 30 Sep, 2024.
The top stock holdings of Corundum Group, Inc. are IJR, IJR, MMM. The fund has invested 11.8% of it's portfolio in ISHARES RUSSELL 1000 GROWTH ET and 10.5% of portfolio in ISHARES RUSSELL 1000 VALUE ETF.
The fund managers got completely rid off S&P GLOBAL INC COM (SPGI), EDWARDS LIFESCIENCES CORP (EW) and ADOBE INC COMMON STOCK (ADBE) stocks. They significantly reduced their stock positions in ELI LILLY & CO (LLY), NVIDIA CORP (NVDA) and XCEL ENERGY INC COMMON STOCK (XEL). Corundum Group, Inc. opened new stock positions in CADENCE DESIGN SYSTEMS INC (CDNS), INTUITIVE SURGICAL INC COM (ISRG) and MARVELL TECHNOLOGY INC COMMON (MRVL). The fund showed a lot of confidence in some stocks as they added substantially to UBER TECHNOLOGIES INC COMMON S (UBER), INTERCONTINENTAL EXCHANGE INC (ICE) and UNION PACIFIC CORP (UNP).
The top stock holdings of Corundum Group, Inc. are IJR, IJR, MMM. The fund has invested 11.8% of it's portfolio in ISHARES RUSSELL 1000 GROWTH ET and 10.5% of portfolio in ISHARES RUSSELL 1000 VALUE ETF.
The fund managers got completely rid off S&P GLOBAL INC COM (SPGI), EDWARDS LIFESCIENCES CORP (EW) and ADOBE INC COMMON STOCK (ADBE) stocks. They significantly reduced their stock positions in ELI LILLY & CO (LLY), NVIDIA CORP (NVDA) and XCEL ENERGY INC COMMON STOCK (XEL). Corundum Group, Inc. opened new stock positions in CADENCE DESIGN SYSTEMS INC (CDNS), INTUITIVE SURGICAL INC COM (ISRG) and MARVELL TECHNOLOGY INC COMMON (MRVL). The fund showed a lot of confidence in some stocks as they added substantially to UBER TECHNOLOGIES INC COMMON S (UBER), INTERCONTINENTAL EXCHANGE INC (ICE) and UNION PACIFIC CORP (UNP).
Corundum Group, Inc. Annual Return Estimates Vs S&P 500
Our best estimate is that Corundum Group, Inc. made a return of 5.72% in the last quarter. In trailing 12 months, it's portfolio return was 17.66%.
New Buys
| Ticker | $ Bought |
|---|---|
| cadence design systems inc | 216,282 |
| intuitive surgical inc com | 212,229 |
| marvell technology inc common | 204,388 |
New stocks bought by Corundum Group, Inc.
Additions
Additions to existing portfolio by Corundum Group, Inc.
Reductions
| Ticker | % Reduced |
|---|---|
| eli lilly & co | -72.97 |
| nvidia corp | -59.22 |
| xcel energy inc common stock | -58.01 |
| automatic data processing inc | -55.28 |
| goldman sachs group inc | -54.5 |
| chevron corporation | -52.36 |
| amgen inc | -52.2 |
| berkshire hathaway class b | -52.03 |
Corundum Group, Inc. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| lloyds banking group plc spons | -29,383 |
| edwards lifesciences corp | -214,668 |
| s&p global inc com | -303,280 |
| adobe inc common stock | -209,439 |
Corundum Group, Inc. got rid off the above stocks
Sector Distribution
Corundum Group, Inc. has about 63.1% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 63.1 |
| Technology | 10.5 |
| Industrials | 9.5 |
| Healthcare | 5.3 |
| Financial Services | 3.5 |
| Consumer Cyclical | 2.4 |
| Consumer Defensive | 2.3 |
| Communication Services | 1.5 |
| Energy | 1.2 |
Market Cap. Distribution
Corundum Group, Inc. has about 36.8% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 63.1 |
| MEGA-CAP | 19.2 |
| LARGE-CAP | 17.6 |
Stocks belong to which Index?
About 36.6% of the stocks held by Corundum Group, Inc. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 63.4 |
| S&P 500 | 36.6 |
Corundum Group, Inc. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Corundum Group, Inc.
Corundum Group, Inc. has 100 stocks in it's portfolio. About 54.2% of the portfolio is in top 10 stocks. INTC proved to be the most loss making stock for the portfolio. MMM was the most profitable stock for Corundum Group, Inc. last quarter.
Last Reported on: 21 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 2.61 | 24,593 | 5,730,170 | reduced | -13.29 | ||
| AAXJ | ishares trust ishares msci usa | 3.68 | 67,024 | 8,067,680 | reduced | -1.52 | ||
| ABBV | abbvie inc | 0.45 | 5,022 | 991,745 | reduced | -45.61 | ||
| ABT | abbott laboratories | 0.46 | 8,788 | 1,001,920 | reduced | -31.82 | ||
| ADBE | adobe inc common stock | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ADP | automatic data processing inc | 0.24 | 1,888 | 522,466 | reduced | -55.28 | ||
| AMGN | amgen inc | 0.29 | 1,966 | 633,465 | reduced | -52.2 | ||
| AMZN | amazon.com inc | 0.86 | 10,164 | 1,893,860 | reduced | -23.79 | ||
| ANET | arista networks inc com | 0.20 | 1,153 | 442,544 | unchanged | 0.00 | ||
| AVGO | broadcom inc common stock | 0.44 | 5,548 | 957,030 | added | 4.68 | ||
| BAC | bank of america corp | 0.44 | 24,205 | 960,454 | reduced | -34.07 | ||
| BMY | bristol-myers squibb | 0.61 | 25,938 | 1,342,030 | reduced | -8.00 | ||
| BNDW | vanguard russell 1000 value et | 1.57 | 41,297 | 3,441,280 | reduced | -35.65 | ||
| CACG | legg mason etf invt tr clearbr | 0.30 | 9,005 | 657,578 | reduced | -11.7 | ||
| CAT | caterpillar inc | 0.58 | 3,278 | 1,282,090 | reduced | -41.97 | ||
| CDNS | cadence design systems inc | 0.10 | 798 | 216,282 | new | |||
| CGW | invesco exchange traded fd tr | 1.28 | 39,027 | 2,799,410 | reduced | -35.83 | ||
| COST | costco wholesale corp-new | 0.55 | 1,367 | 1,211,870 | reduced | -33.51 | ||
| CSCO | cisco systems inc | 0.48 | 19,562 | 1,041,090 | reduced | -31.54 | ||
| CVX | chevron corporation | 0.28 | 4,156 | 612,054 | reduced | -52.36 | ||