Latest PRECEDENT WEALTH PARTNERS, LLC Stock Portfolio
PRECEDENT WEALTH PARTNERS, LLC Performance:
2024 Q3: 2.66%YTD: 2.32%
Performance for 2024 Q3 is 2.66%, and YTD is 2.32%.
About PRECEDENT WEALTH PARTNERS, LLC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, PRECEDENT WEALTH PARTNERS, LLC reported an equity portfolio of $303.2 Millions as of 30 Sep, 2024.
The top stock holdings of PRECEDENT WEALTH PARTNERS, LLC are VB, AGZD, IJR. The fund has invested 7.6% of it's portfolio in VANGUARD INDEX FDS and 4.5% of portfolio in WISDOMTREE TR.
The fund managers got completely rid off LAM RESEARCH CORP (LRCX), SELECT SECTOR SPDR TR (XLB) and BLACKROCK INC (BLK) stocks. They significantly reduced their stock positions in ABBOTT LABS (ABT), WISDOMTREE TR (AGZD) and VANGUARD WORLD FD (VAW). PRECEDENT WEALTH PARTNERS, LLC opened new stock positions in FIRST TR EXCHNG TRADED FD VI (AFLG), INVESCO EXCHANGE TRADED FD T (CSD) and ALTRIA GROUP INC (MO). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES TR (DMXF), INVESCO EXCH TRD SLF IDX FD (IIGD) and SPDR SER TR (BIL).
The top stock holdings of PRECEDENT WEALTH PARTNERS, LLC are VB, AGZD, IJR. The fund has invested 7.6% of it's portfolio in VANGUARD INDEX FDS and 4.5% of portfolio in WISDOMTREE TR.
The fund managers got completely rid off LAM RESEARCH CORP (LRCX), SELECT SECTOR SPDR TR (XLB) and BLACKROCK INC (BLK) stocks. They significantly reduced their stock positions in ABBOTT LABS (ABT), WISDOMTREE TR (AGZD) and VANGUARD WORLD FD (VAW). PRECEDENT WEALTH PARTNERS, LLC opened new stock positions in FIRST TR EXCHNG TRADED FD VI (AFLG), INVESCO EXCHANGE TRADED FD T (CSD) and ALTRIA GROUP INC (MO). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES TR (DMXF), INVESCO EXCH TRD SLF IDX FD (IIGD) and SPDR SER TR (BIL).
PRECEDENT WEALTH PARTNERS, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that PRECEDENT WEALTH PARTNERS, LLC made a return of 2.66% in the last quarter. In trailing 12 months, it's portfolio return was 10.6%.
New Buys
| Ticker | $ Bought |
|---|---|
| first tr exchng traded fd vi | 6,387,210 |
| first tr exchng traded fd vi | 6,366,450 |
| invesco exchange traded fd t | 2,891,230 |
| altria group inc | 1,189,280 |
| unitedhealth group inc | 1,047,000 |
| first tr exchng traded fd vi | 970,050 |
| first tr exchng traded fd vi | 954,976 |
| nike inc | 888,077 |
New stocks bought by PRECEDENT WEALTH PARTNERS, LLC
Additions
| Ticker | % Inc. |
|---|---|
| ishares tr | 427 |
| invesco exch trd slf idx fd | 368 |
| spdr ser tr | 207 |
| invesco exchange traded fd t | 169 |
| spdr index shs fds | 114 |
| williams sonoma inc | 113 |
| spdr ser tr | 105 |
| j p morgan exchange traded f | 105 |
Additions to existing portfolio by PRECEDENT WEALTH PARTNERS, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| abbott labs | -71.74 |
| wisdomtree tr | -16.99 |
| vanguard world fd | -16.07 |
| schwab strategic tr | -13.25 |
| ishares tr | -10.44 |
| invesco exchange traded fd t | -10.13 |
| nvidia corporation | -9.4 |
| mastercard incorporated | -7.77 |
PRECEDENT WEALTH PARTNERS, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| ishares tr | -2,098,180 |
| invesco exch trd slf idx fd | -928,367 |
| select sector spdr tr | -2,274,460 |
| philip morris intl inc | -900,237 |
| oxford inds inc | -445,179 |
| norfolk southn corp | -496,793 |
| lam research corp | -2,413,660 |
| blackrock inc | -1,046,310 |
PRECEDENT WEALTH PARTNERS, LLC got rid off the above stocks
Sector Distribution
PRECEDENT WEALTH PARTNERS, LLC has about 75.5% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 75.5 |
| Technology | 7.1 |
| Healthcare | 2.9 |
| Consumer Cyclical | 2.8 |
| Industrials | 2.6 |
| Financial Services | 2.5 |
| Consumer Defensive | 2.4 |
| Energy | 2.3 |
Market Cap. Distribution
PRECEDENT WEALTH PARTNERS, LLC has about 23.1% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 75.5 |
| MEGA-CAP | 11.6 |
| LARGE-CAP | 11.5 |
| MID-CAP | 1.4 |
Stocks belong to which Index?
About 22.9% of the stocks held by PRECEDENT WEALTH PARTNERS, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 76.6 |
| S&P 500 | 22.9 |
PRECEDENT WEALTH PARTNERS, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of PRECEDENT WEALTH PARTNERS, LLC
PRECEDENT WEALTH PARTNERS, LLC has 139 stocks in it's portfolio. About 37.9% of the portfolio is in top 10 stocks. WSM proved to be the most loss making stock for the portfolio. IJR was the most profitable stock for PRECEDENT WEALTH PARTNERS, LLC last quarter.
Last Reported on: 17 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 1.55 | 20,174 | 4,700,640 | added | 9.35 | ||
| AAXJ | ishares tr | 1.85 | 51,616 | 5,607,050 | added | 0.71 | ||
| AAXJ | ishares tr | 0.46 | 46,543 | 1,407,000 | reduced | -10.44 | ||
| ABBV | abbvie inc | 0.58 | 8,839 | 1,745,430 | added | 12.26 | ||
| ABT | abbott labs | 0.09 | 2,447 | 278,982 | reduced | -71.74 | ||
| ACN | accenture plc ireland | 0.51 | 4,380 | 1,548,280 | added | 6.99 | ||
| ACWF | ishares tr | 1.03 | 124,913 | 3,135,310 | added | 13.74 | ||
| ACWF | ishares tr | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ADP | automatic data processing in | 0.45 | 4,973 | 1,376,090 | added | 20.65 | ||
| AFLG | first tr exchng traded fd vi | 2.11 | 159,800 | 6,387,210 | new | |||
| AFLG | first tr exchng traded fd vi | 2.10 | 162,700 | 6,366,450 | new | |||
| AFLG | first tr exchng traded fd vi | 0.32 | 32,454 | 970,050 | new | |||
| AGT | ishares tr | 1.11 | 138,006 | 3,353,560 | added | 16.6 | ||
| AGZD | wisdomtree tr | 4.53 | 268,570 | 13,732,000 | added | 2.17 | ||
| AGZD | wisdomtree tr | 1.81 | 58,578 | 5,494,600 | reduced | -5.43 | ||
| AGZD | wisdomtree tr | 0.20 | 11,427 | 602,774 | reduced | -16.99 | ||
| AGZD | wisdomtree tr | 0.19 | 13,140 | 578,313 | reduced | -5.43 | ||
| AGZD | wisdomtree tr | 0.09 | 3,618 | 284,230 | reduced | -6.78 | ||
| AMGN | amgen inc | 0.56 | 5,231 | 1,685,410 | added | 8.75 | ||
| AMT | american tower corp new | 0.09 | 1,223 | 284,421 | added | 0.33 | ||