Latest Pearl River Capital, LLC Stock Portfolio
Pearl River Capital, LLC Performance:
2024 Q2: -4.29%YTD: 1.25%2023: 14.05%
Performance for 2024 Q2 is -4.29%, and YTD is 1.25%, and 2023 is 14.05%.
About Pearl River Capital, LLC and 13F Hedge Fund Stock Holdings
Pearl River Capital, LLC is a hedge fund based in NILES, MI. On 01-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $652.3 Millions. In it's latest 13F Holdings report, Pearl River Capital, LLC reported an equity portfolio of $629.7 Millions as of 30 Jun, 2024.
The top stock holdings of Pearl River Capital, LLC are MDT, V, TEL. The fund has invested 1.5% of it's portfolio in MEDTRONIC PLC and 1.5% of portfolio in VISA INC.
The fund managers got completely rid off HOME DEPOT INC (HD), ULTA BEAUTY INC (ULTA) and WALMART INC (WMT) stocks. They significantly reduced their stock positions in MASCO CORP (MAS), ON HLDG AG and MARATHON PETE CORP (MPC). Pearl River Capital, LLC opened new stock positions in MEDTRONIC PLC (MDT), UNION PAC CORP (UNP) and NIKE INC (NKE). The fund showed a lot of confidence in some stocks as they added substantially to CARNIVAL CORP (CCL), WABTEC (WAB) and VISA INC (V).
The top stock holdings of Pearl River Capital, LLC are MDT, V, TEL. The fund has invested 1.5% of it's portfolio in MEDTRONIC PLC and 1.5% of portfolio in VISA INC.
The fund managers got completely rid off HOME DEPOT INC (HD), ULTA BEAUTY INC (ULTA) and WALMART INC (WMT) stocks. They significantly reduced their stock positions in MASCO CORP (MAS), ON HLDG AG and MARATHON PETE CORP (MPC). Pearl River Capital, LLC opened new stock positions in MEDTRONIC PLC (MDT), UNION PAC CORP (UNP) and NIKE INC (NKE). The fund showed a lot of confidence in some stocks as they added substantially to CARNIVAL CORP (CCL), WABTEC (WAB) and VISA INC (V).
Pearl River Capital, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Pearl River Capital, LLC made a return of -4.29% in the last quarter. In trailing 12 months, it's portfolio return was 9.16%.
New Buys
| Ticker | $ Bought |
|---|---|
| medtronic plc | 9,531,150 |
| union pac corp | 7,008,860 |
| nike inc | 6,855,350 |
| corning inc | 6,817,090 |
| dynatrace inc | 6,790,550 |
| pfizer inc | 6,586,160 |
| mastercard incorporated | 6,569,310 |
| toro co | 6,488,190 |
New stocks bought by Pearl River Capital, LLC
Additions
| Ticker | % Inc. |
|---|---|
| carnival corp | 1,769 |
| wabtec | 1,638 |
| visa inc | 1,339 |
| dropbox inc | 1,270 |
| doximity inc | 1,120 |
| gap inc | 926 |
| northrop grumman corp | 828 |
| lyft inc | 815 |
Additions to existing portfolio by Pearl River Capital, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| masco corp | -92.72 |
| on hldg ag | -89.07 |
| marathon pete corp | -88.4 |
| ross stores inc | -87.48 |
| valaris ltd | -87.45 |
| nucor corp | -87.1 |
| on semiconductor corp | -84.42 |
| owens corning new | -83.2 |
Pearl River Capital, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| stoneco ltd | -5,456,250 |
| cnh indl n v | -2,269,870 |
| walgreens boots alliance inc | -2,817,600 |
| walmart inc | -7,464,930 |
| dlocal ltd | -1,819,480 |
| toast inc | -2,011,820 |
| permian resources corp | -1,416,790 |
| pure storage inc | -4,107,110 |
Pearl River Capital, LLC got rid off the above stocks
Sector Distribution
Pearl River Capital, LLC has about 25.6% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 25.6 |
| Consumer Cyclical | 14.7 |
| Industrials | 14.1 |
| Healthcare | 12.6 |
| Financial Services | 8.6 |
| Energy | 6.3 |
| Others | 4.6 |
| Consumer Defensive | 4.6 |
| Basic Materials | 3.8 |
| Communication Services | 2.8 |
| Real Estate | 1.4 |
Market Cap. Distribution
Pearl River Capital, LLC has about 62.7% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 55.1 |
| MID-CAP | 32.5 |
| MEGA-CAP | 7.6 |
| UNALLOCATED | 4.1 |
Stocks belong to which Index?
About 63.1% of the stocks held by Pearl River Capital, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 50.9 |
| Others | 37 |
| RUSSELL 2000 | 12.2 |
Pearl River Capital, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Pearl River Capital, LLC
Pearl River Capital, LLC has 400 stocks in it's portfolio. About 12% of the portfolio is in top 10 stocks. NVDA proved to be the most loss making stock for the portfolio. NTAP was the most profitable stock for Pearl River Capital, LLC last quarter.
Last Reported on: 13 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AA | alcoa corp | 0.13 | 20,724 | 824,401 | new | |||
| AAPL | apple inc | 0.06 | 1,817 | 382,697 | new | |||
| ABC | cencora inc | 0.49 | 13,801 | 3,109,360 | new | |||
| ABG | asbury automotive group inc | 0.04 | 1,018 | 231,972 | reduced | -42.58 | ||
| ABM | abm inds inc | 0.28 | 35,280 | 1,784,110 | added | 173 | ||
| ABT | abbott labs | 0.07 | 4,098 | 425,823 | reduced | -77.69 | ||
| ACGL | arch cap group ltd | 0.08 | 4,811 | 485,382 | added | 104 | ||
| ACN | accenture plc ireland | 0.77 | 16,052 | 4,870,340 | new | |||
| ADP | automatic data processing in | 0.04 | 990 | 236,303 | new | |||
| AGO | assured guaranty ltd | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AI | c3 ai inc | 0.14 | 29,445 | 852,727 | added | 29.95 | ||
| AIZ | assurant inc | 0.11 | 4,331 | 720,029 | reduced | -37.72 | ||
| AKAM | akamai technologies inc | 0.37 | 25,974 | 2,339,740 | added | 226 | ||
| ALGN | align technology inc | 0.15 | 3,861 | 932,161 | new | |||
| ALK | alaska air group inc | 0.17 | 26,361 | 1,064,980 | new | |||
| ALKS | alkermes plc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ALLE | allegion plc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ALLY | ally finl inc | 0.04 | 6,432 | 255,157 | new | |||
| ALRM | alarm com hldgs inc | 0.06 | 5,706 | 362,559 | new | |||
| ALV | autoliv inc | 0.34 | 19,778 | 2,116,050 | added | 156 | ||