Latest Grassi Investment Management Stock Portfolio
Grassi Investment Management Performance:
2024 Q3: 2.92%YTD: 30.52%2023: 38.27%
Performance for 2024 Q3 is 2.92%, and YTD is 30.52%, and 2023 is 38.27%.
About Grassi Investment Management and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Grassi Investment Management reported an equity portfolio of $1.2 Billions as of 30 Sep, 2024.
The top stock holdings of Grassi Investment Management are NVDA, AAPL, MSFT. The fund has invested 17.8% of it's portfolio in NVIDIA CORP and 6.9% of portfolio in APPLE COMPUTER.
The fund managers got completely rid off FREEPORT MCMORAN (FCX), STARBUCKS CORP (SBUX) and CROWDSTRIKE HLDGS (CRWD) stocks. They significantly reduced their stock positions in AMGEN INC (AMGN), ASML HOLDINGS NV and STARWOOD PROP (STWD). Grassi Investment Management opened new stock positions in TC ENERGY CORP, DEERE & CO (DE) and SAMSARA INC (IOT). The fund showed a lot of confidence in some stocks as they added substantially to DRAFTKINGS (DKNG), SHOPIFY INC and SNOWFLAKE CLASS A (SNOW).
The top stock holdings of Grassi Investment Management are NVDA, AAPL, MSFT. The fund has invested 17.8% of it's portfolio in NVIDIA CORP and 6.9% of portfolio in APPLE COMPUTER.
The fund managers got completely rid off FREEPORT MCMORAN (FCX), STARBUCKS CORP (SBUX) and CROWDSTRIKE HLDGS (CRWD) stocks. They significantly reduced their stock positions in AMGEN INC (AMGN), ASML HOLDINGS NV and STARWOOD PROP (STWD). Grassi Investment Management opened new stock positions in TC ENERGY CORP, DEERE & CO (DE) and SAMSARA INC (IOT). The fund showed a lot of confidence in some stocks as they added substantially to DRAFTKINGS (DKNG), SHOPIFY INC and SNOWFLAKE CLASS A (SNOW).
Grassi Investment Management Annual Return Estimates Vs S&P 500
Our best estimate is that Grassi Investment Management made a return of 2.92% in the last quarter. In trailing 12 months, it's portfolio return was 48.15%.
New Buys
| Ticker | $ Bought |
|---|---|
| tc energy corp | 238,000 |
| deere & co | 219,000 |
| samsara inc | 207,000 |
| vanguard well fund | 205,000 |
| bloom energy corp | 106,000 |
New stocks bought by Grassi Investment Management
Additions
| Ticker | % Inc. |
|---|---|
| draftkings | 69.00 |
| shopify inc | 63.25 |
| dell inc | 56.86 |
| snowflake class a | 27.45 |
| palo alto networks | 5.21 |
| broadcom ltd | 3.85 |
| uber technologies | 3.42 |
| amazon.com | 3.04 |
Additions to existing portfolio by Grassi Investment Management
Reductions
| Ticker | % Reduced |
|---|---|
| amgen inc | -45.21 |
| asml holdings nv | -33.33 |
| telus corp | -25.86 |
| starwood prop | -24.32 |
| lendingclub corp | -21.34 |
| airbnb | -20.66 |
| spdr s&p regional | -16.3 |
| royal caribbean | -15.5 |
Grassi Investment Management reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| freeport mcmoran | -4,051,000 |
| vertex energy | -55,000 |
| starbucks corp | -594,000 |
| hf sinclair | -235,000 |
| novo-norisk a/s adr | -225,000 |
| crowdstrike hldgs | -536,000 |
| elf beauty | -211,000 |
Grassi Investment Management got rid off the above stocks
Sector Distribution
Grassi Investment Management has about 47.8% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 47.8 |
| Healthcare | 10.9 |
| Financial Services | 10.8 |
| Industrials | 6.9 |
| Others | 6 |
| Real Estate | 5.3 |
| Consumer Defensive | 4.7 |
| Consumer Cyclical | 3.9 |
| Communication Services | 1.5 |
| Energy | 1.2 |
Market Cap. Distribution
Grassi Investment Management has about 93.7% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 61.1 |
| LARGE-CAP | 32.6 |
| UNALLOCATED | 6 |
Stocks belong to which Index?
About 92.2% of the stocks held by Grassi Investment Management either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 92.2 |
| Others | 7.6 |
Grassi Investment Management Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Grassi Investment Management
Grassi Investment Management has 128 stocks in it's portfolio. About 55% of the portfolio is in top 10 stocks. AMAT proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Grassi Investment Management last quarter.
Last Reported on: 22 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple computer | 6.86 | 340,872 | 79,423,000 | reduced | -0.19 | ||
| ABBV | abbvie inc. | 1.69 | 99,200 | 19,590,000 | reduced | -2.27 | ||
| ABML | american battery tech | 0.04 | 474,164 | 507,000 | unchanged | 0.00 | ||
| ABNB | airbnb | 0.02 | 1,920 | 243,000 | reduced | -20.66 | ||
| ABT | abbott labs com | 1.23 | 124,577 | 14,203,000 | reduced | -0.56 | ||
| ADBE | adobe systems | 0.02 | 500 | 259,000 | unchanged | 0.00 | ||
| AGNG | global x ai & tech | 0.07 | 21,833 | 812,000 | added | 0.15 | ||
| AGNG | global x electric vehicles | 0.03 | 16,808 | 395,000 | reduced | -10.05 | ||
| AMAT | applied materials | 4.82 | 276,251 | 55,816,000 | reduced | -0.36 | ||
| AMD | advanced micro dev | 2.00 | 140,785 | 23,100,000 | added | 1.99 | ||
| AMGN | amgen inc | 0.12 | 4,400 | 1,418,000 | reduced | -45.21 | ||
| AMLX | amplify cybersecurity | 0.03 | 4,375 | 299,000 | reduced | -2.23 | ||
| AMT | american tower | 1.07 | 53,417 | 12,423,000 | reduced | -1.61 | ||
| AMZN | amazon.com | 1.17 | 72,525 | 13,514,000 | added | 3.04 | ||
| AON | aon plc | 0.04 | 1,400 | 484,000 | unchanged | 0.00 | ||
| ARLP | alliance res ptnrs | 0.11 | 52,000 | 1,300,000 | unchanged | 0.00 | ||
| AVB | avalonbay | 0.07 | 3,635 | 819,000 | reduced | -5.22 | ||
| AVGO | broadcom ltd | 4.04 | 270,950 | 46,739,000 | added | 3.85 | ||
| AXP | american express | 0.53 | 22,460 | 6,091,000 | unchanged | 0.00 | ||
| BA | boeing | 0.56 | 42,307 | 6,432,000 | reduced | -1.91 | ||