Latest GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ Stock Portfolio
$93.97Million
Equity Portfolio Value
Last Reported on: 29 Apr, 2024
About GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ and it’s 13F Hedge Fund Stock Holdings
GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ is a hedge fund based in PARAMUS, NJ. On 20-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $68.1 Millions. In it's latest 13F Holdings report, GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ reported an equity portfolio of $94 Millions as of 31 Mar, 2024.
The top stock holdings of GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ are URI, LRCX, AVGO. The fund has invested 4.9% of it's portfolio in UNITED RENTALS INC COM and 4.6% of portfolio in LAM RESH CORP COM.
The fund managers got completely rid off M D C HLDGS INC COM (MDC), MICRON TECHNOLOGY INC COM (MU) and ZEBRA TECHNOLOGIES CORP CL A (ZBRA) stocks. They significantly reduced their stock positions in OLD DOMINION FGHT LINES INC CO (ODFL), GLOBAL PMTS INC COM (GPN) and EBAY INC COM (EBAY). GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ opened new stock positions in DIGITAL RLTY TR INC COM (DLR), NVIDIA CORP COM (NVDA) and SUPER MICRO COMPUTER INC COM (SMCI). The fund showed a lot of confidence in some stocks as they added substantially to ONEOK INC NEW (OKE), MPLX LP COM UNIT REP L (MPLX) and ABBVIE INC COM (ABBV).
The top stock holdings of GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ are URI, LRCX, AVGO. The fund has invested 4.9% of it's portfolio in UNITED RENTALS INC COM and 4.6% of portfolio in LAM RESH CORP COM.
The fund managers got completely rid off M D C HLDGS INC COM (MDC), MICRON TECHNOLOGY INC COM (MU) and ZEBRA TECHNOLOGIES CORP CL A (ZBRA) stocks. They significantly reduced their stock positions in OLD DOMINION FGHT LINES INC CO (ODFL), GLOBAL PMTS INC COM (GPN) and EBAY INC COM (EBAY). GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ opened new stock positions in DIGITAL RLTY TR INC COM (DLR), NVIDIA CORP COM (NVDA) and SUPER MICRO COMPUTER INC COM (SMCI). The fund showed a lot of confidence in some stocks as they added substantially to ONEOK INC NEW (OKE), MPLX LP COM UNIT REP L (MPLX) and ABBVIE INC COM (ABBV).
New Buys
| Ticker | $ Bought |
|---|---|
| DIGITAL RLTY TR INC COM | 1,855,000 |
| NVIDIA CORP COM | 1,319,000 |
| SUPER MICRO COMPUTER INC COM | 1,247,000 |
| CVR ENERGY INC COM | 1,212,000 |
| CULLEN FROST BANKERS INC COM | 1,000,000 |
| BANK OZK LITTLE ROCK ARK COM | 968,000 |
| PUBLIC STORAGE INC COM | 779,000 |
| KIMBERLY CLARK CORP | 629,000 |
New stocks bought by GROESBECK INVESTMENT MANAGEMENT CORP /NJ/
Additions
| Ticker | % Inc. |
|---|---|
| ONEOK INC NEW | 691 |
| MPLX LP COM UNIT REP L | 228 |
| ABBVIE INC COM | 138 |
| NEXSTAR MEDIA GROUP INC CL A | 39.5 |
| ALPHABET CLASS C | 30.36 |
| PALO ALTO NETWORKS INC COM | 16.05 |
| FORTINET INC COM | 12.56 |
| ARISTA NETWORKS INC COM | 11.74 |
Additions to existing portfolio by GROESBECK INVESTMENT MANAGEMENT CORP /NJ/
Reductions
| Ticker | % Reduced |
|---|---|
| OLD DOMINION FGHT LINES INC CO | -67.77 |
| GLOBAL PMTS INC COM | -46.98 |
| EBAY INC COM | -23.63 |
| PROLOGIS INC COM | -15.91 |
| AMDOCS LTD ORD | -13.74 |
| LOCKHEED MARTIN CORP COM | -9.88 |
| BROADCOM INC COM | -3.44 |
| ICON PLC SHS | -1.14 |
GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| M D C HLDGS INC COM | -1,474,000 |
| CITIZENS FINL GROUP INC COM | -390,000 |
| MICRON TECHNOLOGY INC COM | -961,000 |
| GENPACT LIMITED SHS | -232,000 |
| ZEBRA TECHNOLOGIES CORP CL A | -585,000 |
GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ got rid off the above stocks
Current Stock Holdings of GROESBECK INVESTMENT MANAGEMENT CORP /NJ/
Last Reported on: 29 Apr, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| AAPL | APPLE COMPUTER INC | 2.56 | 14,005 | 2,402,000 | UNCHANGED | 0.00 | |
| ABBV | ABBVIE INC COM | 4.33 | 22,363 | 4,072,000 | ADDED | 138 | |
| ABT | ABBOTT LABS | 1.02 | 8,400 | 955,000 | UNCHANGED | 0.00 | |
| ADBE | ADOBE SYS INC COM | 0.54 | 1,012 | 511,000 | UNCHANGED | 0.00 | |
| ADM | ARCHER DANIELS MIDLAND | 0.24 | 3,597 | 226,000 | UNCHANGED | 0.00 | |
| AGCO | AGCO CORP COM | 0.31 | 2,391 | 294,000 | ADDED | 2.57 | |
| ALLE | ALLEGION PLC ORD SHS | 0.36 | 2,529 | 341,000 | UNCHANGED | 0.00 | |
| AMGN | AMGEN INC | 1.15 | 3,803 | 1,081,000 | ADDED | 0.4 | |
| AMZN | AMAZON COM INC COM | 0.41 | 2,115 | 382,000 | UNCHANGED | 0.00 | |
| ANET | ARISTA NETWORKS INC COM | 1.00 | 3,235 | 938,000 | ADDED | 11.74 | |
| AOS | SMITH A O COM | 0.28 | 2,960 | 265,000 | UNCHANGED | 0.00 | |
| AVA | AVISTA CORP COM | 0.47 | 12,675 | 444,000 | NEW | ||
| AVGO | BROADCOM INC COM | 4.51 | 3,198 | 4,239,000 | REDUCED | -3.44 | |
| BLK | BLACKROCK INC COM | 0.93 | 1,050 | 875,000 | ADDED | 0.38 | |
| CARR | CARRIER GLOBAL CORPORATION COM | 0.70 | 11,299 | 657,000 | UNCHANGED | 0.00 | |
| CDW | CDW CORP COM | 3.84 | 14,114 | 3,610,000 | REDUCED | -0.14 | |
| CFG | CITIZENS FINL GROUP INC COM | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| CFR | CULLEN FROST BANKERS INC COM | 1.06 | 8,879 | 1,000,000 | NEW | ||
| CI | CIGNA CORP NEW COM | 1.43 | 3,690 | 1,340,000 | ADDED | 0.33 | |
| CTRE | CARETRUST REIT INC COM | 0.32 | 12,200 | 297,000 | UNCHANGED | 0.00 | |
| CVI | CVR ENERGY INC COM | 1.29 | 34,000 | 1,212,000 | NEW | ||
| D | DOMINION RES INC VA NEW | 0.34 | 6,489 | 319,000 | NEW | ||
| DBX | DROPBOX INC CL A | 0.74 | 28,800 | 700,000 | REDUCED | -1.03 | |
| DINO | HF SINCLAIR CORP COM | 0.36 | 5,670 | 342,000 | NEW | ||
| DKS | DICKS SPORTING GOODS INC COM | 1.04 | 4,358 | 980,000 | UNCHANGED | 0.00 | |
| DLR | DIGITAL RLTY TR INC COM | 1.97 | 12,880 | 1,855,000 | NEW | ||
| DOX | AMDOCS LTD ORD | 0.78 | 8,162 | 738,000 | REDUCED | -13.74 | |
| DUK | DUKE ENERGY CORPORATION COM NE | 0.59 | 5,733 | 554,000 | NEW | ||
| EBAY | EBAY INC COM | 0.34 | 6,141 | 324,000 | REDUCED | -23.63 | |
| ENB | ENBRIDGE INC COM | 0.47 | 12,199 | 441,000 | NEW | ||
| EPD | ENTERPRISE PRODS PARTNERS | 0.63 | 20,325 | 593,000 | NEW | ||
| ESNT | ESSENT GROUP LTD COM | 1.18 | 18,580 | 1,106,000 | UNCHANGED | 0.00 | |
| ETR | ENTERGY CORP NEW COM | 0.54 | 4,790 | 506,000 | NEW | ||
| EW | EDWARDS LIFESCIENCES CORP COM | 0.28 | 2,700 | 258,000 | UNCHANGED | 0.00 | |
| FIVE | FIVE BELOW INC COM | 1.11 | 5,745 | 1,042,000 | REDUCED | -0.17 | |
| FTNT | FORTINET INC COM | 1.01 | 13,890 | 949,000 | ADDED | 12.56 | |
| G | GENPACT LIMITED SHS | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| GOOG | ALPHABET CLASS C | 1.04 | 6,440 | 981,000 | ADDED | 30.36 | |
| GOOG | ALPHABET CLASS A | 0.56 | 3,500 | 528,000 | UNCHANGED | 0.00 | |
| GPN | GLOBAL PMTS INC COM | 0.39 | 2,738 | 366,000 | REDUCED | -46.98 | |
| GS | GOLDMAN SACHS GROUP INC | 1.77 | 3,974 | 1,660,000 | ADDED | 6.68 | |
| GWW | GRAINGER W W INC COM | 0.32 | 300 | 305,000 | UNCHANGED | 0.00 | |
| HD | HOME DEPOT INC | 0.80 | 1,964 | 753,000 | ADDED | 0.51 | |
| ICE | INTERCONTINENTAL EXCHANGE INCO | 0.73 | 4,963 | 682,000 | UNCHANGED | 0.00 | |
| ICLR | ICON PLC SHS | 0.77 | 2,161 | 726,000 | REDUCED | -1.14 | |
| ITW | ILLINOIS TOOL WKS INC | 0.36 | 1,270 | 341,000 | UNCHANGED | 0.00 | |
| JNJ | JOHNSON & JOHNSON | 0.38 | 2,269 | 359,000 | UNCHANGED | 0.00 | |
| KMB | KIMBERLY CLARK CORP | 0.67 | 4,865 | 629,000 | NEW | ||
| KR | KROGER CO COM | 0.47 | 7,677 | 439,000 | UNCHANGED | 0.00 | |
| LHX | L3 HARRIS TECHNOLOGIES INC COM | 0.64 | 2,800 | 597,000 | UNCHANGED | 0.00 | |
| LMT | LOCKHEED MARTIN CORP COM | 0.72 | 1,496 | 680,000 | REDUCED | -9.88 | |
| LRCX | LAM RESH CORP COM | 4.62 | 4,469 | 4,342,000 | ADDED | 0.34 | |
| MCD | MCDONALDS CORP | 0.49 | 1,620 | 457,000 | UNCHANGED | 0.00 | |
| MCK | MCKESSON CORPORATION COM | 0.34 | 600 | 322,000 | UNCHANGED | 0.00 | |
| MDC | M D C HLDGS INC COM | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| META | FACEBOOK INC CL A | 0.73 | 1,410 | 685,000 | UNCHANGED | 0.00 | |
| MPLX | MPLX LP COM UNIT REP L | 1.01 | 22,832 | 949,000 | ADDED | 228 | |
| MRK | MERCK & COMPANY | 1.23 | 8,740 | 1,153,000 | ADDED | 5.01 | |
| MS | MORGAN STANLEY | 0.22 | 2,200 | 207,000 | UNCHANGED | 0.00 | |
| MSFT | MICROSOFT | 3.55 | 7,936 | 3,339,000 | REDUCED | -0.94 | |
| MSM | MSC INDL DIRECT INC CL A | 0.73 | 7,078 | 687,000 | UNCHANGED | 0.00 | |
| MU | MICRON TECHNOLOGY INC COM | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| NGG | NATIONAL GRID PLC SPONSORED AD | 0.43 | 5,935 | 405,000 | NEW | ||
| NKE | NIKE INC CL B | 0.32 | 3,200 | 301,000 | UNCHANGED | 0.00 | |
| NVDA | NVIDIA CORP COM | 1.40 | 1,460 | 1,319,000 | NEW | ||
| NXST | NEXSTAR MEDIA GROUP INC CL A | 1.93 | 10,524 | 1,813,000 | ADDED | 39.5 | |
| O | REALTY INCOME CORP COM | 0.56 | 9,815 | 531,000 | NEW | ||
| ODFL | OLD DOMINION FGHT LINES INC CO | 0.32 | 1,372 | 301,000 | REDUCED | -67.77 | |
| OKE | ONEOK INC NEW | 2.04 | 23,908 | 1,917,000 | ADDED | 691 | |
| ORLY | O REILLY AUTOMOTIVE INC NEW CO | 1.65 | 1,375 | 1,552,000 | UNCHANGED | 0.00 | |
| PANW | PALO ALTO NETWORKS INC COM | 0.52 | 1,735 | 493,000 | ADDED | 16.05 | |
| PH | PARKER HANNIFIN CORP COM | 0.56 | 950 | 528,000 | UNCHANGED | 0.00 | |
| PLD | PROLOGIS INC COM | 0.55 | 3,965 | 516,000 | REDUCED | -15.91 | |
| PSA | PUBLIC STORAGE INC COM | 0.83 | 2,685 | 779,000 | NEW | ||
| QCOM | QUALCOMM INC COM | 0.35 | 1,930 | 327,000 | UNCHANGED | 0.00 | |
| SBRA | SABRA HEALTH CARE REIT INC COM | 0.29 | 18,338 | 271,000 | NEW | ||
| SBUX | STARBUCKS CORP COM | 0.47 | 4,802 | 439,000 | UNCHANGED | 0.00 | |
| SHW | SHERWIN WILLIAMS CO | 1.49 | 4,015 | 1,395,000 | UNCHANGED | 0.00 | |
| SMCI | SUPER MICRO COMPUTER INC COM | 1.33 | 1,235 | 1,247,000 | NEW | ||
| SNY | SANOFI-AVENTIS SPONSORED ADR | 0.42 | 8,140 | 396,000 | NEW | ||
| SO | SOUTHERN CO COM | 0.62 | 8,100 | 581,000 | NEW | ||
| SSNC | SS&C TECHNOLOGIES HLDGS INC CO | 1.12 | 16,373 | 1,054,000 | UNCHANGED | 0.00 | |
| SWKS | SKYWORKS SOLUTIONS INC COM | 0.63 | 5,460 | 591,000 | UNCHANGED | 0.00 | |
| THO | THOR INDS INC COM | 2.05 | 16,389 | 1,923,000 | UNCHANGED | 0.00 | |
| TMO | THERMO FISHER SCIENTIFIC | 2.40 | 3,877 | 2,253,000 | ADDED | 2.65 | |
| TROW | PRICE T ROWE GROUP INC | 1.76 | 13,560 | 1,653,000 | UNCHANGED | 0.00 | |
| TSCO | TRACTOR SUPPLY CO COM | 2.02 | 7,240 | 1,895,000 | UNCHANGED | 0.00 | |
| TU | TELUS CORP COM | 0.42 | 24,420 | 391,000 | NEW | ||
| ULTA | ULTA SALON COSMETCS & FRAG ICO | 0.67 | 1,205 | 630,000 | UNCHANGED | 0.00 | |
| UNH | UNITEDHEALTH GROUP INC COM | 2.02 | 3,846 | 1,903,000 | UNCHANGED | 0.00 | |
| URI | UNITED RENTALS INC COM | 4.86 | 6,326 | 4,562,000 | ADDED | 2.59 | |
| V | VISA INC COM CL A | 1.27 | 4,289 | 1,197,000 | UNCHANGED | 0.00 | |
| VRTX | VERTEX PHARMACEUTICALS INC COM | 0.79 | 1,773 | 741,000 | UNCHANGED | 0.00 | |
| VZ | VERIZON COMMUNICATIONS COM | 0.40 | 9,040 | 379,000 | NEW | ||
| WRE | WASHINGTON REAL ESTATE INVT SH | 0.15 | 10,000 | 139,000 | NEW | ||
| WSO | WATSCO INC COM | 1.04 | 2,265 | 978,000 | UNCHANGED | 0.00 | |
| ZBRA | ZEBRA TECHNOLOGIES CORP CL A | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| ZTS | ZOETIS INC CL A | 0.60 | 3,330 | 563,000 | UNCHANGED | 0.00 | |
| BANK OZK LITTLE ROCK ARK COM | 1.03 | 21,288 | 968,000 | NEW | |||
| BLUE CAP REINS HLDGS LTD COM | 0.00 | 30,000 | 0.00 | NEW |