Latest PHYSICIANS FINANCIAL SERVICES, INC. Stock Portfolio

$307Million– No. of Holdings #108

PHYSICIANS FINANCIAL SERVICES, INC. Performance:

2024 Q2: 2.3%YTD: 9.79%2023: 20.27%

Performance for 2024 Q2 is 2.3%, and YTD is 9.79%, and 2023 is 20.27%.

About PHYSICIANS FINANCIAL SERVICES, INC. and 13F Hedge Fund Stock Holdings

PHYSICIANS FINANCIAL SERVICES, INC. is a hedge fund based in RALEIGH, NC. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $306 Millions. In it's latest 13F Holdings report, PHYSICIANS FINANCIAL SERVICES, INC. reported an equity portfolio of $307.5 Millions as of 30 Jun, 2024.

The top stock holdings of PHYSICIANS FINANCIAL SERVICES, INC. are AAPL, MSFT, NVDA. The fund has invested 15.1% of it's portfolio in APPLE COMPUTER and 6.3% of portfolio in MICROSOFT .

The fund managers got completely rid off PRUDENTIAL FINANCIAL (PRU) and ALTRIA GROUP (MO) stocks. They significantly reduced their stock positions in 3M CO (MMM), PFIZER INCORPORATED (PFE) and NIKE INC. (NKE). PHYSICIANS FINANCIAL SERVICES, INC. opened new stock positions in APA CORPORATION (APA), DELTA AIR LINES INC DEL (DAL) and PACKAGING CORP AMER (PKG). The fund showed a lot of confidence in some stocks as they added substantially to TESLA INC. (TSLA), PHILIP MORRIS INTL INC (PM) and GE AEROSPACE (GE).

PHYSICIANS FINANCIAL SERVICES, INC. Equity Portfolio Value

Last Reported on: 14 Aug, 2024

PHYSICIANS FINANCIAL SERVICES, INC. Annual Return Estimates Vs S&P 500

Our best estimate is that PHYSICIANS FINANCIAL SERVICES, INC. made a return of 2.3% in the last quarter. In trailing 12 months, it's portfolio return was 14.54%.

New Buys

Ticker	$ Bought
apa corporation	589,000
delta air lines inc del	256,000
packaging corp amer	217,000
exxon mobil corp	210,000
palto alto networks inc	208,000
generac hldgs inc	206,000
emeren group ltd	18,000

New stocks bought by PHYSICIANS FINANCIAL SERVICES, INC.

Additions

Ticker	% Inc.
tesla inc.	55.72
philip morris intl inc	37.55
ge aerospace	19.76
marriott intl	14.94
costco wholesale	9.59
nvidia corp.	8.42
cisco systems	6.63
alphabet cl c	5.71

Additions to existing portfolio by PHYSICIANS FINANCIAL SERVICES, INC.

Reductions

Ticker	% Reduced
3m co	-10.88
pfizer incorporated	-9.32
nike inc.	-4.64
jm smucker co	-3.31
becton dickinson	-3.09
hp, inc.	-2.03
skyworks solutions	-1.64
bankamerica corp	-1.6

PHYSICIANS FINANCIAL SERVICES, INC. reduced stake in above stock

Sold off

Ticker	$ Sold
altria group	-265,000
prudential financial	-323,000

PHYSICIANS FINANCIAL SERVICES, INC. got rid off the above stocks

Sector Distribution

PHYSICIANS FINANCIAL SERVICES, INC. has about 34.6% of it's holdings in Technology sector.

Sector	%
Technology	34.6
Industrials	13.2
Consumer Cyclical	11.9
Consumer Defensive	11.8
Communication Services	8.1
Healthcare	6.9
Financial Services	6.1
Others	3.2
Energy	2.3

Market Cap. Distribution

PHYSICIANS FINANCIAL SERVICES, INC. has about 96.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	65.2
LARGE-CAP	31.3
UNALLOCATED	3.3

Stocks belong to which Index?

About 96.6% of the stocks held by PHYSICIANS FINANCIAL SERVICES, INC. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	96.6
Others	3.4

Top 5 Winners (%)		%
AAPL	apple computer	22.4 %
AVGO	broadcom, inc.	21.1 %
GOOG	alphabet cl a	20.3 %
GOOG	alphabet cl c	19.6 %
QCOM	qualcomm, inc.	17.6 %

Top 5 Winners ($)		$
AAPL	apple computer	8.5 M
GOOG	alphabet cl a	2.6 M
WMT	wal-mart stores inc.	1.2 M
AMZN	amazon.com	1.2 M
MSFT	microsoft	1.1 M

Top 5 Losers (%)		%
BMY	bristol-meyers squibb	-23.3 %
NUE	nucor corp	-20.2 %
NKE	nike inc.	-18.9 %
NVDA	nvidia corp.	-18.2 %
ZBH	zimmer biomet holdings	-17.8 %

Top 5 Losers ($)		$
NVDA	nvidia corp.	-4.0 M
LOW	lowes	-0.8 M
MA	mastercard inc cl a	-0.7 M
CAT	caterpillar	-0.6 M
MCD	mcdonalds	-0.5 M

PHYSICIANS FINANCIAL SERVICES, INC. Holdings Map

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

Current Stock Holdings of PHYSICIANS FINANCIAL SERVICES, INC.

PHYSICIANS FINANCIAL SERVICES, INC. has 108 stocks in it's portfolio. About 50.3% of the portfolio is in top 10 stocks. NVDA proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for PHYSICIANS FINANCIAL SERVICES, INC. last quarter.

Last Reported on: 14 Aug, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple computer	15.14	221,067	46,561,000	added	3.99

ABBV	abbvie	0.70	12,545	2,152,000	added	5.55

ABT	abbott labs	0.18	5,340	555,000	unchanged	0.00

ADBE	adobe systems inc.	1.27	7,005	3,892,000	added	0.66

ADM	archer daniels midland	0.15	7,847	474,000	reduced	-0.63

ADP	automatic data processing	1.81	23,362	5,576,000	reduced	-0.13

AFL	aflac, inc.	0.19	6,636	593,000	reduced	-0.75

AMAT	applied matls inc	0.26	3,376	797,000	unchanged	0.00

AMD	advanced micro devices	0.45	8,564	1,389,000	added	0.53

AMGN	amgen	1.84	18,112	5,659,000	added	1.81

AMZN	amazon.com	5.77	91,746	17,730,000	added	2.98

APA	apa corporation	0.19	20,000	589,000	new

APD	air products & chemical	0.25	3,008	776,000	added	0.7

AVGO	broadcom, inc.	0.84	16,130	2,590,000	reduced	-0.31

AXP	american express	0.17	2,270	526,000	unchanged	0.00

BA	boeing	1.12	18,892	3,439,000	reduced	-0.37

BAC	bankamerica corp	0.35	27,011	1,074,000	reduced	-1.6

BDX	becton dickinson	0.32	4,227	988,000	reduced	-3.09

BMY	bristol-meyers squibb	0.20	15,113	628,000	reduced	-1.14

CAT	caterpillar	2.01	18,539	6,175,000	added	1.22