Latest Socorro Asset Management LP Stock Portfolio
Socorro Asset Management LP Performance:
2024 Q3: -11.41%YTD: -7.81%2023: 6.74%
Performance for 2024 Q3 is -11.41%, and YTD is -7.81%, and 2023 is 6.74%.
About Socorro Asset Management LP and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Socorro Asset Management LP reported an equity portfolio of $263.4 Millions as of 30 Sep, 2024.
The top stock holdings of Socorro Asset Management LP are SRE, , TXN. The fund has invested 4.3% of it's portfolio in SEMPRA and 4% of portfolio in TECK RESOURCES LTD.
The fund managers got completely rid off FERGUSON PLC NEW (FERG), LAM RESEARCH CORP (LRCX) and CARRIER GLOBAL CORPORATION (CARR) stocks. They significantly reduced their stock positions in HUMANA INC (HUM), APPLE INC (AAPL) and JPMORGAN CHASE & CO. (JPM). Socorro Asset Management LP opened new stock positions in NEXTERA ENERGY INC (NEE), FERGUSON ENTERPRISES INC and LAM RESEARCH ORD (LRCX). The fund showed a lot of confidence in some stocks as they added substantially to AMERICAN TOWER CORP NEW (AMT), PFIZER INC (PFE) and COTERRA ENERGY INC (CTRA).
The top stock holdings of Socorro Asset Management LP are SRE, , TXN. The fund has invested 4.3% of it's portfolio in SEMPRA and 4% of portfolio in TECK RESOURCES LTD.
The fund managers got completely rid off FERGUSON PLC NEW (FERG), LAM RESEARCH CORP (LRCX) and CARRIER GLOBAL CORPORATION (CARR) stocks. They significantly reduced their stock positions in HUMANA INC (HUM), APPLE INC (AAPL) and JPMORGAN CHASE & CO. (JPM). Socorro Asset Management LP opened new stock positions in NEXTERA ENERGY INC (NEE), FERGUSON ENTERPRISES INC and LAM RESEARCH ORD (LRCX). The fund showed a lot of confidence in some stocks as they added substantially to AMERICAN TOWER CORP NEW (AMT), PFIZER INC (PFE) and COTERRA ENERGY INC (CTRA).
Socorro Asset Management LP Annual Return Estimates Vs S&P 500
Our best estimate is that Socorro Asset Management LP made a return of -11.41% in the last quarter. In trailing 12 months, it's portfolio return was 0.82%.
New Buys
| Ticker | $ Bought |
|---|---|
| nextera energy inc | 9,426,500 |
| ferguson enterprises inc | 8,215,830 |
| lam research ord | 5,045,010 |
New stocks bought by Socorro Asset Management LP
Additions
| Ticker | % Inc. |
|---|---|
| american tower corp new | 171 |
| pfizer inc | 17.91 |
| coterra energy inc | 17.22 |
| valero energy corp | 4.07 |
| schlumberger ltd | 1.16 |
| becton dickinson & co | 0.92 |
| texas instrs inc | 0.83 |
| teck resources ltd | 0.75 |
Additions to existing portfolio by Socorro Asset Management LP
Reductions
| Ticker | % Reduced |
|---|---|
| humana inc | -31.68 |
| apple inc | -23.46 |
| jpmorgan chase & co. | -20.7 |
| morgan stanley | -18.39 |
| truist finl corp | -17.64 |
| alcon ag | -14.57 |
| prologis inc. | -12.93 |
| microsoft corp | -9.63 |
Socorro Asset Management LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| carrier global corporation | -7,441,930 |
| ferguson plc new | -7,915,440 |
| lam research corp | -7,789,380 |
Socorro Asset Management LP got rid off the above stocks
Sector Distribution
Socorro Asset Management LP has about 16% of it's holdings in Real Estate sector.
| Sector | % |
|---|---|
| Real Estate | 16 |
| Financial Services | 15 |
| Technology | 10.7 |
| Energy | 10.4 |
| Others | 9.9 |
| Utilities | 7.9 |
| Healthcare | 7.7 |
| Consumer Defensive | 7.1 |
| Industrials | 6.5 |
| Basic Materials | 5.7 |
| Consumer Cyclical | 3.1 |
Market Cap. Distribution
Socorro Asset Management LP has about 87.5% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 69.9 |
| MEGA-CAP | 17.6 |
| UNALLOCATED | 9.9 |
| MID-CAP | 2.6 |
Stocks belong to which Index?
About 87.5% of the stocks held by Socorro Asset Management LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 87.5 |
| Others | 12.5 |
Socorro Asset Management LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Socorro Asset Management LP
Socorro Asset Management LP has 32 stocks in it's portfolio. About 37.7% of the portfolio is in top 10 stocks. LRCX proved to be the most loss making stock for the portfolio. PNC was the most profitable stock for Socorro Asset Management LP last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 2.03 | 22,988 | 5,356,200 | reduced | -23.46 | ||
| AMT | american tower corp new | 3.11 | 35,234 | 8,194,020 | added | 171 | ||
| APD | air prods & chems inc | 3.13 | 27,718 | 8,252,760 | added | 0.57 | ||
| ARE | alexandria real estate eq in | 3.56 | 79,041 | 9,386,120 | added | 0.25 | ||
| BAC | bank america corp | 2.74 | 182,046 | 7,223,580 | reduced | -7.8 | ||
| BDX | becton dickinson & co | 3.36 | 36,732 | 8,856,090 | added | 0.92 | ||
| CARR | carrier global corporation | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CPT | camden ppty tr | 3.15 | 67,210 | 8,302,450 | unchanged | 0.00 | ||
| CTRA | coterra energy inc | 3.67 | 403,106 | 9,654,390 | added | 17.22 | ||
| FERG | ferguson plc new | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| HD | home depot inc | 3.12 | 20,312 | 8,230,420 | added | 0.33 | ||
| HUM | humana inc | 1.38 | 11,460 | 3,629,840 | reduced | -31.68 | ||
| JCI | johnson ctls intl plc | 3.46 | 117,377 | 9,109,630 | added | 0.1 | ||
| JPM | jpmorgan chase & co. | 3.00 | 37,515 | 7,910,410 | reduced | -20.7 | ||
| KO | coca cola co | 3.88 | 142,109 | 10,212,000 | added | 0.26 | ||
| LRCX | lam research ord | 1.92 | 6,182 | 5,045,010 | new | |||
| LRCX | lam research corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| MLM | martin marietta matls inc | 2.62 | 12,793 | 6,885,830 | added | 0.45 | ||
| MS | morgan stanley | 3.05 | 77,029 | 8,029,500 | reduced | -18.39 | ||
| MSFT | microsoft corp | 2.83 | 17,305 | 7,446,340 | reduced | -9.63 | ||