Latest SALEM INVESTMENT COUNSELORS INC Stock Portfolio
SALEM INVESTMENT COUNSELORS INC Performance:
2024 Q3: 7.37%YTD: 21.48%2023: 22.28%
Performance for 2024 Q3 is 7.37%, and YTD is 21.48%, and 2023 is 22.28%.
About SALEM INVESTMENT COUNSELORS INC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, SALEM INVESTMENT COUNSELORS INC reported an equity portfolio of $3.3 Billions as of 30 Sep, 2024.
The top stock holdings of SALEM INVESTMENT COUNSELORS INC are LOW, AAPL, NVDA. The fund has invested 17.3% of it's portfolio in LOWES COS INC and 7% of portfolio in APPLE INC.
The fund managers got completely rid off WESTROCK CO (WRK), SUPER MICRO COMPUTER INC (SMCI) and GINKGO BIOWORKS HOLDINGS INC (DNA) stocks. They significantly reduced their stock positions in WILLIAMS SONOMA INC (WSM), WYNN RESORTS LTD (WYNN) and LINCOLN NATL CORP IND (LNC). SALEM INVESTMENT COUNSELORS INC opened new stock positions in SMURFIT WESTROCK PLC, EMCOR GROUP INC (EME) and EAGLE MATLS INC (EXP). The fund showed a lot of confidence in some stocks as they added substantially to DARLING INGREDIENTS INC (DAR), ZSCALER INC (ZS) and DELL TECHNOLOGIES INC (DELL).
The top stock holdings of SALEM INVESTMENT COUNSELORS INC are LOW, AAPL, NVDA. The fund has invested 17.3% of it's portfolio in LOWES COS INC and 7% of portfolio in APPLE INC.
The fund managers got completely rid off WESTROCK CO (WRK), SUPER MICRO COMPUTER INC (SMCI) and GINKGO BIOWORKS HOLDINGS INC (DNA) stocks. They significantly reduced their stock positions in WILLIAMS SONOMA INC (WSM), WYNN RESORTS LTD (WYNN) and LINCOLN NATL CORP IND (LNC). SALEM INVESTMENT COUNSELORS INC opened new stock positions in SMURFIT WESTROCK PLC, EMCOR GROUP INC (EME) and EAGLE MATLS INC (EXP). The fund showed a lot of confidence in some stocks as they added substantially to DARLING INGREDIENTS INC (DAR), ZSCALER INC (ZS) and DELL TECHNOLOGIES INC (DELL).
SALEM INVESTMENT COUNSELORS INC Annual Return Estimates Vs S&P 500
Our best estimate is that SALEM INVESTMENT COUNSELORS INC made a return of 7.37% in the last quarter. In trailing 12 months, it's portfolio return was 32.73%.
New Buys
| Ticker | $ Bought |
|---|---|
| smurfit westrock plc | 29,141,200 |
| emcor group inc | 430,530 |
| eagle matls inc | 287,650 |
| ginkgo bioworks holdings inc | 159,023 |
| ishares tr | 130,000 |
| capital group dividend value | 81,047 |
| lattice strategies tr | 79,243 |
New stocks bought by SALEM INVESTMENT COUNSELORS INC
Additions
| Ticker | % Inc. |
|---|---|
| darling ingredients inc | 9,616 |
| zscaler inc | 2,841 |
| dell technologies inc | 2,132 |
| red violet inc | 1,293 |
| deckers outdoor corp | 500 |
| paccar inc | 408 |
| cintas corp | 308 |
| herc hldgs inc | 252 |
Additions to existing portfolio by SALEM INVESTMENT COUNSELORS INC
Reductions
| Ticker | % Reduced |
|---|---|
| lincoln natl corp ind | -86.57 |
| toast inc | -63.64 |
| crowdstrike hldgs inc | -42.9 |
| echostar corp | -41.52 |
| spdr index shs fds | -37.38 |
| solventum corp | -34.51 |
| johnson ctls intl plc | -32.69 |
| invesco exch traded fd tr ii | -27.46 |
SALEM INVESTMENT COUNSELORS INC reduced stake in above stock
Sold off
Sector Distribution
SALEM INVESTMENT COUNSELORS INC has about 25.7% of it's holdings in Consumer Cyclical sector.
| Sector | % |
|---|---|
| Consumer Cyclical | 25.7 |
| Technology | 25.6 |
| Others | 14.3 |
| Healthcare | 8.8 |
| Communication Services | 7.2 |
| Financial Services | 5.4 |
| Consumer Defensive | 5.2 |
| Industrials | 3.9 |
| Energy | 1.6 |
| Basic Materials | 1.1 |
Market Cap. Distribution
SALEM INVESTMENT COUNSELORS INC has about 80.8% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 43.4 |
| LARGE-CAP | 37.4 |
| UNALLOCATED | 14.3 |
| MID-CAP | 4.2 |
Stocks belong to which Index?
About 81.6% of the stocks held by SALEM INVESTMENT COUNSELORS INC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 77.6 |
| Others | 18.4 |
| RUSSELL 2000 | 4 |
SALEM INVESTMENT COUNSELORS INC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of SALEM INVESTMENT COUNSELORS INC
SALEM INVESTMENT COUNSELORS INC has 1186 stocks in it's portfolio. About 49.9% of the portfolio is in top 10 stocks. MU proved to be the most loss making stock for the portfolio. LOW was the most profitable stock for SALEM INVESTMENT COUNSELORS INC last quarter.
Last Reported on: 15 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| A | agilent technologies inc | 0.01 | 2,364 | 351,007 | reduced | -3.86 | ||
| AAP | advance auto parts inc | 0.01 | 10,470 | 408,226 | added | 127 | ||
| AAPL | apple inc | 7.02 | 1,001,410 | 233,329,000 | reduced | -0.35 | ||
| AAXJ | ishares tr | 0.02 | 17,026 | 565,774 | reduced | -7.09 | ||
| AAXJ | ishares tr | 0.01 | 3,760 | 415,969 | reduced | -1.18 | ||
| AAXJ | ishares tr | 0.01 | 3,311 | 196,078 | reduced | -1.78 | ||
| AAXJ | ishares tr | 0.00 | 1,345 | 108,004 | added | 0.98 | ||
| AAXJ | ishares tr | 0.00 | 1,750 | 99,943 | unchanged | 0.00 | ||
| ABBV | abbvie inc | 0.78 | 131,022 | 25,874,200 | added | 0.19 | ||
| ABC | cencora inc | 0.01 | 1,135 | 255,466 | added | 3.94 | ||
| ABCL | abcellera biologics inc | 0.01 | 191,150 | 496,990 | added | 203 | ||
| ABNB | airbnb inc | 0.10 | 25,769 | 3,267,770 | reduced | -1.96 | ||
| ABT | abbott labs | 0.28 | 81,539 | 9,296,260 | reduced | -0.63 | ||
| ACES | alps etf tr | 0.10 | 67,982 | 3,204,000 | added | 1.37 | ||
| ACES | alps etf tr | 0.00 | 1,450 | 78,300 | added | 7.41 | ||
| ACN | accenture plc ireland | 0.84 | 79,068 | 27,949,000 | reduced | -3.44 | ||
| ADBE | adobe inc | 0.04 | 2,215 | 1,146,880 | added | 0.05 | ||
| ADI | analog devices inc | 0.01 | 1,663 | 382,773 | added | 3.29 | ||
| ADP | automatic data processing in | 0.02 | 2,321 | 645,417 | reduced | -2.11 | ||
| AEE | ameren corp | 0.00 | 954 | 83,437 | unchanged | 0.00 | ||