Latest Lorne Steinberg Wealth Management Inc. Stock Portfolio
Lorne Steinberg Wealth Management Inc. Performance:
2024 Q3: 3.99%YTD: 6.78%2023: 9.97%
Performance for 2024 Q3 is 3.99%, and YTD is 6.78%, and 2023 is 9.97%.
About Lorne Steinberg Wealth Management Inc. and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Lorne Steinberg Wealth Management Inc. reported an equity portfolio of $345.9 Millions as of 30 Sep, 2024.
The top stock holdings of Lorne Steinberg Wealth Management Inc. are , MSFT, META. The fund has invested 4.1% of it's portfolio in ROYAL BANK OF CANADA and 3.5% of portfolio in MICROSOFT CORP.
The fund managers got completely rid off FERRARI N.V. stocks. They significantly reduced their stock positions in NVIDIA (NVDA), VEREN and ALPHABET INC. CLASS C (GOOG). Lorne Steinberg Wealth Management Inc. opened new stock positions in TELUS CORP., AUTOMATIC DATA PROCESSING INC. (ADP) and ORACLE CORP (ORCL). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES MSCI WORLD ETF (ACWV), KENVUE INC and MCDONALDS CORP (MCD).
The top stock holdings of Lorne Steinberg Wealth Management Inc. are , MSFT, META. The fund has invested 4.1% of it's portfolio in ROYAL BANK OF CANADA and 3.5% of portfolio in MICROSOFT CORP.
The fund managers got completely rid off FERRARI N.V. stocks. They significantly reduced their stock positions in NVIDIA (NVDA), VEREN and ALPHABET INC. CLASS C (GOOG). Lorne Steinberg Wealth Management Inc. opened new stock positions in TELUS CORP., AUTOMATIC DATA PROCESSING INC. (ADP) and ORACLE CORP (ORCL). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES MSCI WORLD ETF (ACWV), KENVUE INC and MCDONALDS CORP (MCD).
Lorne Steinberg Wealth Management Inc. Annual Return Estimates Vs S&P 500
Our best estimate is that Lorne Steinberg Wealth Management Inc. made a return of 3.99% in the last quarter. In trailing 12 months, it's portfolio return was 13.47%.
New Buys
| Ticker | $ Bought |
|---|---|
| telus corp. | 4,706,860 |
| automatic data processing inc. | 2,317,890 |
| oracle corp | 217,260 |
New stocks bought by Lorne Steinberg Wealth Management Inc.
Additions
| Ticker | % Inc. |
|---|---|
| ishares msci world etf | 66.85 |
| kenvue inc | 16.77 |
| mcdonalds corp | 16.08 |
| starbucks corp | 14.7 |
| adobe systems inc. | 13.87 |
| magna international inc. | 13.35 |
| bce inc. | 10.61 |
| nutrien ltd | 10.5 |
Additions to existing portfolio by Lorne Steinberg Wealth Management Inc.
Reductions
| Ticker | % Reduced |
|---|---|
| nvidia | -39.41 |
| veren | -17.69 |
| alphabet inc. class c | -2.63 |
| warner bros. discovery inc. class a | -2.36 |
| diageo plc adr | -1.89 |
| scotts miracle-gro co. | -1.51 |
| kraft heinz company | -1.22 |
| meta platforms | -1.17 |
Lorne Steinberg Wealth Management Inc. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| telus corp | -3,784,090 |
| ferrari n.v. | -3,900,750 |
Lorne Steinberg Wealth Management Inc. got rid off the above stocks
Sector Distribution
Lorne Steinberg Wealth Management Inc. has about 43.5% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 43.5 |
| Financial Services | 15.1 |
| Communication Services | 10.7 |
| Technology | 9.3 |
| Healthcare | 7.5 |
| Consumer Cyclical | 6.2 |
| Industrials | 3.6 |
| Basic Materials | 2.8 |
| Consumer Defensive | 1.3 |
Market Cap. Distribution
Lorne Steinberg Wealth Management Inc. has about 53.4% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 43.5 |
| LARGE-CAP | 31.9 |
| MEGA-CAP | 21.5 |
| MID-CAP | 3.1 |
Stocks belong to which Index?
About 51.4% of the stocks held by Lorne Steinberg Wealth Management Inc. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 51.4 |
| Others | 48.6 |
Lorne Steinberg Wealth Management Inc. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Lorne Steinberg Wealth Management Inc.
Lorne Steinberg Wealth Management Inc. has 69 stocks in it's portfolio. About 30.4% of the portfolio is in top 10 stocks. GOOG proved to be the most loss making stock for the portfolio. ALL was the most profitable stock for Lorne Steinberg Wealth Management Inc. last quarter.
Last Reported on: 25 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc. | 1.06 | 15,676 | 3,652,510 | reduced | -0.28 | ||
| AAXJ | ishares iboxx $ high yield corporat | 0.61 | 26,308 | 2,112,530 | reduced | -0.92 | ||
| ACWV | ishares msci world etf | 0.25 | 5,531 | 867,869 | added | 66.85 | ||
| ADBE | adobe systems inc. | 1.55 | 10,387 | 5,378,180 | added | 13.87 | ||
| ADP | automatic data processing inc. | 0.67 | 8,376 | 2,317,890 | new | |||
| ALL | allstate corporation | 2.88 | 52,530 | 9,962,310 | reduced | -0.21 | ||
| AMZN | amazon.com inc | 2.19 | 40,618 | 7,568,350 | added | 9.67 | ||
| AXP | american express co. | 2.61 | 33,270 | 9,022,820 | reduced | -0.5 | ||
| BDX | becton dickinson & co | 1.71 | 24,550 | 5,919,000 | added | 0.06 | ||
| BIL | spdr bloomberg barclays high yield bond etf | 0.36 | 12,630 | 1,235,090 | unchanged | 0.00 | ||
| COST | costco wholesale corp | 0.09 | 351 | 311,168 | unchanged | 0.00 | ||
| CP | cdn pacific kc railway ltd | 1.95 | 78,911 | 6,750,210 | added | 0.08 | ||
| CSCO | cisco systems inc | 1.77 | 114,982 | 6,119,340 | added | 1.21 | ||
| CTVA | corteva inc. | 1.90 | 111,490 | 6,554,500 | reduced | -0.16 | ||
| CVS | cvs health corporation | 1.95 | 107,057 | 6,731,740 | added | 8.49 | ||
| DEO | diageo plc adr | 2.01 | 49,450 | 6,939,810 | reduced | -1.89 | ||
| DIS | walt disney co. | 1.76 | 63,468 | 6,104,990 | reduced | -1.06 | ||
| EA | electronic arts inc | 1.81 | 43,725 | 6,271,910 | reduced | -0.1 | ||
| GOOG | alphabet inc. class a | 2.94 | 61,423 | 10,187,000 | reduced | -0.02 | ||
| GOOG | alphabet inc. class c | 0.18 | 3,709 | 620,107 | reduced | -2.63 | ||