Latest SKBA CAPITAL MANAGEMENT LLC Stock Portfolio

SKBA CAPITAL MANAGEMENT LLC Performance:

2024 Q3: 7.04%YTD: 13.08%2023: 5.46%

Performance for 2024 Q3 is 7.04%, and YTD is 13.08%, and 2023 is 5.46%.

About SKBA CAPITAL MANAGEMENT LLC and 13F Hedge Fund Stock Holdings

SKBA CAPITAL MANAGEMENT LLC is a hedge fund based in SAN FRANCISCO, CA. On 07-Jun-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $590.9 Millions. In it's latest 13F Holdings report, SKBA CAPITAL MANAGEMENT LLC reported an equity portfolio of $673.7 Millions as of 30 Sep, 2024.

The top stock holdings of SKBA CAPITAL MANAGEMENT LLC are RTX, T, KTB. The fund has invested 3.8% of it's portfolio in RTX CORPORATION and 3.4% of portfolio in AT&T INC.

The fund managers got completely rid off RIO TINTO PLC, VERIZON COMMUNICATIONS INC (VZ) and TE CONNECTIVITY LTD (TEL) stocks. They significantly reduced their stock positions in PARAMOUNT GLOBAL (PARA), PARKER-HANNIFIN CORP (PH) and NETAPP INC (NTAP). SKBA CAPITAL MANAGEMENT LLC opened new stock positions in AMERICAN ELEC PWR CO INC (AEP), US BANCORP DEL (USB) and TRUIST FINL CORP (TFC). The fund showed a lot of confidence in some stocks as they added substantially to 3M CO (MMM), AIR PRODS & CHEMS INC (APD) and BERKLEY W R CORP (WRB).

SKBA CAPITAL MANAGEMENT LLC Annual Return Estimates Vs S&P 500

Our best estimate is that SKBA CAPITAL MANAGEMENT LLC made a return of 7.04% in the last quarter. In trailing 12 months, it's portfolio return was 21.56%.

New Buys

Ticker	$ Bought
american elec pwr co inc	9,894,740
us bancorp del	6,255,860
truist finl corp	5,897,980
te connectivity plc	309,831
interactive brokers group in	202,072
clarivate plc	92,300

New stocks bought by SKBA CAPITAL MANAGEMENT LLC

Additions

Ticker	% Inc.
3m co	73.52
air prods & chems inc	62.26
berkley w r corp	57.58
weyerhaeuser co mtn be	18.49
chevron corp new	18.11
kenvue inc	14.99
graphic packaging hldg co	13.56
medtronic plc	5.99

Additions to existing portfolio by SKBA CAPITAL MANAGEMENT LLC

Reductions

Ticker	% Reduced
paramount global	-34.43
parker-hannifin corp	-34.13
netapp inc	-33.05
wells fargo co new	-23.77
coherent corp	-12.65
kontoor brands inc	-12.65
rtx corporation	-11.82
packaging corp amer	-11.62

SKBA CAPITAL MANAGEMENT LLC reduced stake in above stock

Sold off

Ticker	$ Sold
equinor asa	-4,943,740
rio tinto plc	-6,124,900
verizon communications inc	-1,903,390
te connectivity ltd	-308,682

SKBA CAPITAL MANAGEMENT LLC got rid off the above stocks

Sector Distribution

SKBA CAPITAL MANAGEMENT LLC has about 17.7% of it's holdings in Financial Services sector.

Sector	%
Financial Services	17.7
Industrials	12.2
Consumer Cyclical	11.9
Healthcare	10.9
Technology	9.4
Energy	8.4
Others	7.9
Consumer Defensive	6.7
Real Estate	6.3
Utilities	3.7
Communication Services	3.5
Basic Materials	1.5

Market Cap. Distribution

SKBA CAPITAL MANAGEMENT LLC has about 79.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	72.2
MID-CAP	12.6
UNALLOCATED	7.9
MEGA-CAP	7.3

Stocks belong to which Index?

About 85.2% of the stocks held by SKBA CAPITAL MANAGEMENT LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	79.9
Others	14.8
RUSSELL 2000	5.3

Top 5 Winners (%)		%
IBM	international business machs	27.0 %
HAS	hasbro inc	23.6 %
LOW	lowes cos inc	22.9 %
KTB	kontoor brands inc	21.7 %
MMM	3m co	21.0 %

Top 5 Winners ($)		$
RTX	rtx corporation	4.9 M
IBM	international business machs	4.9 M
KTB	kontoor brands inc	4.4 M
T	at&t inc	3.0 M
MDT	medtronic plc	2.6 M

Top 5 Losers (%)		%
WRB	berkley w r corp	-19.8 %
SCHW	schwab charles corp	-12.1 %
NXPI	nxp semiconductors n v	-10.4 %
GOOG	alphabet inc	-8.9 %
FDX	fedex corp	-8.5 %

Top 5 Losers ($)		$
MRK	merck & co inc	-1.8 M
NXPI	nxp semiconductors n v	-1.5 M
COP	conocophillips	-1.4 M
SCHW	schwab charles corp	-1.1 M
FDX	fedex corp	-0.9 M

SKBA CAPITAL MANAGEMENT LLC Holdings Map

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

Current Stock Holdings of SKBA CAPITAL MANAGEMENT LLC

SKBA CAPITAL MANAGEMENT LLC has 76 stocks in it's portfolio. About 30.1% of the portfolio is in top 10 stocks. MRK proved to be the most loss making stock for the portfolio. RTX was the most profitable stock for SKBA CAPITAL MANAGEMENT LLC last quarter.

Last Reported on: 12 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABBV	abbvie inc	0.16	5,519	1,089,890	reduced	-0.9

AEP	american elec pwr co inc	1.47	96,440	9,894,740	new

AIG	american intl group inc	1.77	162,665	11,912,000	reduced	-0.18

AL	air lease corp	1.27	189,015	8,560,490	reduced	-6.55

AMGN	amgen inc	0.98	20,560	6,624,640	reduced	-2.61

AMP	ameriprise finl inc	0.17	2,445	1,148,680	unchanged	0.00

APD	air prods & chems inc	1.53	34,545	10,285,400	added	62.26

AXP	american express co	0.06	1,550	420,360	reduced	-6.06

BAC	bank america corp	0.03	5,550	220,224	unchanged	0.00

BDX	becton dickinson & co	0.03	880	212,168	unchanged	0.00

C	citigroup inc	1.83	196,700	12,313,400	reduced	-1.5

CAH	cardinal health inc	1.75	106,800	11,803,500	reduced	-0.05

CLVT	clarivate plc	0.01	13,000	92,300	new

CMCSA	comcast corp new	2.00	323,166	13,498,600	reduced	-0.12

CME	cme group inc	2.37	72,410	15,977,300	reduced	-0.07

COHR	coherent corp	0.05	3,590	319,187	reduced	-12.65

COP	conocophillips	2.46	157,495	16,581,100	reduced	-0.25

CRBG	corebridge finl inc	2.68	618,540	18,036,600	reduced	-4.36

CSCO	cisco sys inc	1.33	168,630	8,974,490	reduced	-0.12

CVX	chevron corp new	1.45	66,525	9,797,140	added	18.11