Latest Paralel Advisors LLC Stock Portfolio

$2.09Billion– No. of Holdings #110

Paralel Advisors LLC Performance:

2024 Q2: -2.74%YTD: 2.12%2023: 12.09%

Performance for 2024 Q2 is -2.74%, and YTD is 2.12%, and 2023 is 12.09%.

About Paralel Advisors LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Paralel Advisors LLC reported an equity portfolio of $2.1 Billions as of 30 Jun, 2024.

The top stock holdings of Paralel Advisors LLC are , JPM, . The fund has invested 30.1% of it's portfolio in BERKSHIRE HATHAWAY INC DEL and 9.9% of portfolio in JPMORGAN CHASE & CO.

The fund managers got completely rid off DELL TECHNOLOGIES INC (DELL), AMERICAN TOWER CORP NEW (AMT) and SPROUTS FMRS MKT INC (SFM) stocks. They significantly reduced their stock positions in EQUITY RESIDENTIAL (EQR), EMCOR GROUP INC (EME) and BROADCOM INC (AVGO). Paralel Advisors LLC opened new stock positions in UNITED THERAPEUTICS CORP DEL (UTHR), PUBLIC STORAGE (PSA) and EXTREME NETWORKS (EXTR). The fund showed a lot of confidence in some stocks as they added substantially to GENPACT LIMITED (G), HUMANA INC (HUM) and FIRST INDL RLTY TR INC (FR).

Paralel Advisors LLC Equity Portfolio Value

Last Reported on: 06 Aug, 2024

Paralel Advisors LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Paralel Advisors LLC made a return of -2.74% in the last quarter. In trailing 12 months, it's portfolio return was 10.07%.

New Buys

Ticker	$ Bought
united therapeutics corp del	3,165,430
public storage	2,732,680
extreme networks	2,660,440
enersys	2,501,660
insight enterprises inc	2,440,620
cnx res corp	2,338,460
iridium communications inc	2,322,780
ciena corp	2,228,810

New stocks bought by Paralel Advisors LLC

Additions

Ticker	% Inc.
genpact limited	67.23
humana inc	66.94
first indl rlty tr inc	63.34
united parcel service inc	55.62
forward air corp	47.06
insperity inc	32.19
silgan holdings inc	31.75
polaris inc	31.73

Additions to existing portfolio by Paralel Advisors LLC

Reductions

Ticker	% Reduced
equity residential	-97.37
emcor group inc	-44.58
broadcom inc	-42.27
eagle matls inc	-35.54
owens corning new	-31.45
trinet group inc	-27.38
masco corp	-24.79
coca cola cons inc	-24.56

Paralel Advisors LLC reduced stake in above stock

Sold off

Ticker	$ Sold
altice usa inc	-1,459,460
adt inc del	-1,779,620
cushman wakefield plc	-1,900,130
invesco ltd	-1,936,870
resideo technologies inc	-2,348,320
select med hldgs corp	-2,230,530
westrock co	-3,103,630
formfactor inc	-2,739,810

Paralel Advisors LLC got rid off the above stocks

Sector Distribution

Paralel Advisors LLC has about 40.4% of it's holdings in Others sector.

Sector	%
Others	40.4
Financial Services	20.8
Technology	10.8
Consumer Cyclical	8.6
Industrials	6
Energy	5.2
Consumer Defensive	3.5
Real Estate	2.4
Healthcare	1.8

Market Cap. Distribution

Paralel Advisors LLC has about 50% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	40.3
LARGE-CAP	32.6
MEGA-CAP	17.4
MID-CAP	7.9
SMALL-CAP	1.9

Stocks belong to which Index?

About 48.7% of the stocks held by Paralel Advisors LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	51.3
S&P 500	43.8
RUSSELL 2000	4.9

Top 5 Winners (%)		%
COKE	coca cola cons inc	24.1 %
NXRT	nexpoint residential tr inc	22.7 %
EXTR	extreme networks	20.3 %
UTHR	united therapeutics corp del	18.7 %
GDDY	godaddy inc	16.8 %

Top 5 Winners ($)		$
MSFT	microsoft corp	5.2 M
EVR	evercore inc	4.8 M
WMT	walmart inc	3.7 M
JPM	jpmorgan chase & co	2.0 M
SCHW	schwab charles corp	1.0 M

Top 5 Losers (%)		%
FWRD	forward air corp	-31.5 %
INTC	intel corp	-29.9 %
FWRG	first watch restaurant group	-28.7 %
TNET	trinet group inc	-23.7 %
MTN	vail resorts inc	-19.2 %

Top 5 Losers ($)		$
INTC	intel corp	-15.8 M
SWK	stanley black & decker inc	-12.3 M
IPAR	inter parfums inc	-7.1 M
FWRD	forward air corp	-6.6 M
FWRG	first watch restaurant group	-6.4 M

Paralel Advisors LLC Holdings Map

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

Current Stock Holdings of Paralel Advisors LLC

Paralel Advisors LLC has 110 stocks in it's portfolio. About 73% of the portfolio is in top 10 stocks. INTC proved to be the most loss making stock for the portfolio. MSFT was the most profitable stock for Paralel Advisors LLC last quarter.

Last Reported on: 06 Aug, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABC	cencora inc	0.10	9,394	2,116,470	reduced	-21.36

ADT	adt inc del	0.00	0.00	0.00	sold off	-100

AIT	applied indl technologies in	0.11	11,555	2,241,670	reduced	-14.13

AKAM	akamai technologies inc	0.09	20,982	1,890,060	reduced	-14.09

AMED	amedisys inc	0.00	0.00	0.00	sold off	-100

AMT	american tower corp new	0.00	0.00	0.00	sold off	-100

APLE	apple hospitality reit inc	0.05	75,000	1,090,500	new

ARW	arrow electrs inc	0.00	0.00	0.00	sold off	-100

ASGN	asgn inc	0.09	21,790	1,921,220	new

ATUS	altice usa inc	0.00	0.00	0.00	sold off	-100

AVB	avalonbay cmntys inc	0.00	0.00	0.00	sold off	-100

AVGO	broadcom inc	0.13	17,220	2,764,720	reduced	-42.27

AXP	american express co	1.16	105,000	24,312,800	unchanged	0.00

AZO	autozone inc	0.10	725	2,148,970	reduced	-6.81

BLK	blackrock inc	0.00	0.00	0.00	sold off	-100

BOX	box inc	0.10	80,602	2,131,120	added	12.78

CACC	credit accep corp mich	0.10	4,139	2,130,260	reduced	-5.63

CACI	caci intl inc	0.12	6,026	2,591,960	reduced	-6.65

CAG	conagra brands inc	0.10	77,012	2,188,680	new

CAH	cardinal health inc	0.10	20,443	2,009,960	new