Latest Prospect Hill Management, LLC Stock Portfolio
Prospect Hill Management, LLC Performance:
2024 Q3: 9.78%YTD: 20.37%2023: 47.58%
Performance for 2024 Q3 is 9.78%, and YTD is 20.37%, and 2023 is 47.58%.
About Prospect Hill Management, LLC and 13F Hedge Fund Stock Holdings
Prospect Hill Management, LLC is a hedge fund based in SUMMIT, NJ. On 20-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $121.5 Millions. In it's latest 13F Holdings report, Prospect Hill Management, LLC reported an equity portfolio of $199.2 Millions as of 30 Sep, 2024.
The top stock holdings of Prospect Hill Management, LLC are AAPL, TSLA, BAC. The fund has invested 60.1% of it's portfolio in APPLE INC and 13% of portfolio in TESLA INC.
The fund managers got completely rid off JPMORGAN CHASE & CO (JPM) stocks. They significantly reduced their stock positions in BANK OF AMERICA CORP (BAC), THERMO FISHER SCIENTIFIC INC (TMO) and MASTERCARD INCORPORATED (MA). Prospect Hill Management, LLC opened new stock positions in ARM HOLDINGS PLC and AMERICAN EXPRESS (AXP). The fund showed a lot of confidence in some stocks as they added substantially to APPLE INC (AAPL).
The top stock holdings of Prospect Hill Management, LLC are AAPL, TSLA, BAC. The fund has invested 60.1% of it's portfolio in APPLE INC and 13% of portfolio in TESLA INC.
The fund managers got completely rid off JPMORGAN CHASE & CO (JPM) stocks. They significantly reduced their stock positions in BANK OF AMERICA CORP (BAC), THERMO FISHER SCIENTIFIC INC (TMO) and MASTERCARD INCORPORATED (MA). Prospect Hill Management, LLC opened new stock positions in ARM HOLDINGS PLC and AMERICAN EXPRESS (AXP). The fund showed a lot of confidence in some stocks as they added substantially to APPLE INC (AAPL).
Prospect Hill Management, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Prospect Hill Management, LLC made a return of 9.78% in the last quarter. In trailing 12 months, it's portfolio return was 33.11%.
New Buys
| Ticker | $ Bought |
|---|---|
| arm holdings plc | 657,131 |
| american express | 237,300 |
New stocks bought by Prospect Hill Management, LLC
Additions
| Ticker | % Inc. |
|---|---|
| apple inc | 0.00 |
Additions to existing portfolio by Prospect Hill Management, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| bank of america corp | -9.31 |
| thermo fisher scientific inc | -4.41 |
| mastercard incorporated | -1.99 |
| amazon com inc | -0.58 |
| tesla inc | -0.45 |
| alphabet inc | -0.37 |
| netflix inc | -0.24 |
Prospect Hill Management, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| jpmorgan chase & co | -232,599 |
Prospect Hill Management, LLC got rid off the above stocks
Sector Distribution
Prospect Hill Management, LLC has about 62.6% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 62.6 |
| Consumer Cyclical | 17.9 |
| Financial Services | 7.5 |
| Communication Services | 7.2 |
| Healthcare | 4.5 |
Market Cap. Distribution
Prospect Hill Management, LLC has about 99.7% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 95.3 |
| LARGE-CAP | 4.4 |
Stocks belong to which Index?
About 99.7% of the stocks held by Prospect Hill Management, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 99.7 |
Prospect Hill Management, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Prospect Hill Management, LLC
Prospect Hill Management, LLC has 16 stocks in it's portfolio. About 97.4% of the portfolio is in top 10 stocks. GOOG proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Prospect Hill Management, LLC last quarter.
Last Reported on: 05 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 60.10 | 513,836 | 119,724,000 | added | 0.00 | ||
| AMZN | amazon com inc | 4.85 | 51,818 | 9,655,250 | reduced | -0.58 | ||
| AXP | american express | 0.12 | 875 | 237,300 | new | |||
| BAC | bank of america corp | 5.58 | 280,000 | 11,110,400 | reduced | -9.31 | ||
| GOOG | alphabet inc | 2.52 | 30,020 | 5,019,040 | unchanged | 0.00 | ||
| GOOG | alphabet inc | 2.26 | 27,120 | 4,497,850 | reduced | -0.37 | ||
| ISRG | intuitive surgical inc | 3.53 | 14,325 | 7,037,440 | unchanged | 0.00 | ||
| JPM | jpmorgan chase & co | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| MA | mastercard incorporated | 1.83 | 7,400 | 3,654,120 | reduced | -1.99 | ||
| META | meta platforms inc | 0.20 | 705 | 403,570 | unchanged | 0.00 | ||
| MSFT | microsoft corp | 0.16 | 750 | 322,725 | unchanged | 0.00 | ||
| NFLX | netflix inc | 2.20 | 6,181 | 4,384,000 | reduced | -0.24 | ||
| NVDA | nvidia corporation | 1.56 | 25,650 | 3,114,940 | unchanged | 0.00 | ||
| NXPI | nxp semiconductors nv | 0.74 | 6,135 | 1,472,460 | unchanged | 0.00 | ||
| TMO | thermo fisher scientific inc | 1.01 | 3,250 | 2,010,350 | reduced | -4.41 | ||
| TSLA | tesla inc | 13.01 | 99,062 | 25,917,600 | reduced | -0.45 | ||
| arm holdings plc | 0.33 | 4,595 | 657,131 | new | ||||