Palisades Hudson Asset Management, L.P. 13F annual report
Palisades Hudson Asset Management, L.P. is an investment fund managing more than $218 million ran by Kirstie Ward. There are currently 75 companies in Mrs. Ward’s portfolio. The largest investments include Ishares Tr and Spdr Sp 500 Etf Tr, together worth $104 million.
$218 million Assets Under Management (AUM)
As of 24th July 2024, Palisades Hudson Asset Management, L.P.’s top holding is 850,190 shares of Ishares Tr currently worth over $83.2 million and making up 38.3% of the portfolio value.
In addition, the fund holds 38,043 shares of Spdr Sp 500 Etf Tr worth $20.7 million.
The third-largest holding is Vanguard Index Fds worth $17.4 million and the next is Ishares worth $13.9 million, with 333,232 shares owned.
Currently, Palisades Hudson Asset Management, L.P.'s portfolio is worth at least $218 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Palisades Hudson Asset Management, L.P.
The Palisades Hudson Asset Management, L.P. office and employees reside in Fort Lauderdale, Florida. According to the last 13-F report filed with the SEC, Kirstie Ward serves as the Chief Compliance at Palisades Hudson Asset Management, L.P..
Recent trades
In the most recent 13F filing, Palisades Hudson Asset Management, L.P. revealed that it had opened a new position in
Texas Roadhouse Inc and bought 1,580 shares worth $271 thousand.
This means they effectively own approximately 0.1% of the company.
Texas Roadhouse Inc makes up
2.9%
of the fund's Consumer Discretionary sector allocation and has grown its share price by 53.7% in the past year.
The investment fund also strengthened its position in Ishares Tr by buying
9,246 additional shares.
This makes their stake in Ishares Tr total 850,190 shares worth $83.2 million.
On the other hand, there are companies that Palisades Hudson Asset Management, L.P. is getting rid of from its portfolio.
Palisades Hudson Asset Management, L.P. closed its position in Exxon Mobil on 31st July 2024.
It sold the previously owned 2,680 shares for $269 thousand.
Kirstie Ward also disclosed a decreased stake in Spdr Sp 500 Etf Tr by approximately 0.1%.
This leaves the value of the investment at $20.7 million and 38,043 shares.
One of the smallest hedge funds
The two most similar investment funds to Palisades Hudson Asset Management, L.P. are First Dallas Securities and Abundance Wealth Counselors. They manage $217 million and $217 million respectively.
Kirstie Ward investment strategy
Palisades Hudson Asset Management, L.P.’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 6.4% of
the total portfolio value.
The fund focuses on investments in the United States as
54.7% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
48% of the total holdings value.
On the other hand, small-cap stocks make up only 5.3% of the portfolio.
The average market cap of the portfolio companies is close to $242 billion.
The complete list of Palisades Hudson Asset Management, L.P. trades based on 13F SEC filings
These positions were updated on July 31st based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ishares Tr |
1.10%
850,190
|
$83,243,000 | 38.26% |
| Spdr Sp 500 Etf Tr |
1.17%
38,043
|
$20,704,000 | 9.51% |
| Vanguard Index Fds |
1.80%
75,149
|
$17,399,000 | 8.00% |
| Ishares |
2.13%
333,232
|
$13,929,000 | 6.40% |
| Jp Morgan Exchange Traded Fund |
0.19%
145,154
|
$8,191,000 | 3.76% |
| Vanguard Intl Equity Index F |
0.72%
90,326
|
$6,488,000 | 2.98% |
| Apple Inc |
5.26%
22,956
|
$4,835,000 | 2.22% |
| Spdr Sp Small Cap Value |
1.09%
59,789
|
$4,682,000 | 2.15% |
| Ishares Gold Trust |
2.32%
99,731
|
$4,381,000 | 2.01% |
| Microsoft Corporation |
0.69%
9,096
|
$4,066,000 | 1.87% |
| NVIDIA Corp |
791.58%
29,850
|
$3,687,000 | 1.69% |
| Spdr Index Shs Fds |
0.94%
59,112
|
$3,301,000 | 1.52% |
| Vanguard World Fd |
125.14%
33,161
|
$3,204,000 | 1.47% |
| Vanguard Bd Index Fds |
2.97%
61,908
|
$3,066,000 | 1.41% |
| Spdr Gold Trust |
No change
10,589
|
$2,277,000 | 1.05% |
| Amazon.com Inc. |
0.42%
11,694
|
$2,260,000 | 1.04% |
| Nushares Etf Trust |
45.96%
53,620
|
$2,109,000 | 0.97% |
| Spdr Sp Small Cap Growth |
5.86%
17,996
|
$1,545,000 | 0.71% |
| Fidelity Msci Real Estate Etf |
10.54%
56,951
|
$1,443,000 | 0.66% |
| Alphabet Inc |
No change
14,205
|
$2,596,000 | 1.19% |
| Costco Whsl Corp New |
3.71%
1,323
|
$1,125,000 | 0.52% |
| Intuit Inc |
3.01%
1,610
|
$1,058,000 | 0.49% |
| VanEck ETF Trust |
18.44%
8,831
|
$850,000 | 0.39% |
| Visa Inc |
No change
2,873
|
$754,000 | 0.35% |
| Goldman Sachs Group, Inc. |
4.42%
1,600
|
$723,000 | 0.33% |
| Adobe Sys Inc |
14.31%
1,293
|
$719,000 | 0.33% |
| Abbvie Inc |
No change
4,143
|
$711,000 | 0.33% |
| Elevance Health Inc |
9.24%
1,238
|
$671,000 | 0.31% |
| Mastercard Incorporated |
No change
1,508
|
$666,000 | 0.31% |
| Steel Dynamics Inc. |
13.64%
4,874
|
$631,000 | 0.29% |
| Home Depot, Inc. |
11.64%
1,761
|
$607,000 | 0.28% |
| Schwab Strategic Tr |
0.38%
29,337
|
$586,000 | 0.27% |
| Meta Platforms Inc |
6.62%
1,128
|
$569,000 | 0.26% |
| Yum Brands Inc. |
No change
4,148
|
$550,000 | 0.25% |
| Unitedhealth Group Inc |
No change
1,078
|
$549,000 | 0.25% |
| Moodys Corp |
No change
1,258
|
$530,000 | 0.24% |
| American Express Co. |
No change
2,221
|
$514,000 | 0.24% |
| Danaher Corp. |
No change
2,014
|
$503,000 | 0.23% |
| Abbott Labs |
No change
4,789
|
$498,000 | 0.23% |
| Prologis Inc |
No change
4,419
|
$496,000 | 0.23% |
| Pnc Finl Svcs Group Inc |
No change
3,123
|
$486,000 | 0.22% |
| Trane Technologies plc |
No change
1,427
|
$470,000 | 0.22% |
| Vanguard Short-term Bond |
7.23%
6,113
|
$469,000 | 0.22% |
| Jpmorgan Exchange Traded Fund |
1.38%
7,044
|
$458,000 | 0.21% |
| Mcdonalds Corp |
0.62%
1,791
|
$456,000 | 0.21% |
| Motorola Solutions Inc |
No change
1,155
|
$446,000 | 0.20% |
| C.H. Robinson Worldwide, Inc. |
No change
4,353
|
$384,000 | 0.18% |
| Oracle Corp. |
16.74%
2,656
|
$375,000 | 0.17% |
| Marriott International, Inc. |
No change
1,533
|
$371,000 | 0.17% |
| Boeing Co. |
No change
2,017
|
$367,000 | 0.17% |
| Hartford Financial Services Group Inc. |
No change
3,523
|
$354,000 | 0.16% |
| Graco Inc. |
No change
4,416
|
$350,000 | 0.16% |
| Marsh Mcclennan Companies Inc |
No change
1,607
|
$339,000 | 0.16% |
| Chevron Corp. |
7.58%
2,062
|
$322,000 | 0.15% |
| Juniper Networks Inc |
No change
8,757
|
$319,000 | 0.15% |
| Northrop Grumman Corp. |
No change
731
|
$318,000 | 0.15% |
| Weyerhaeuser Co. |
No change
10,898
|
$309,000 | 0.14% |
| Ryman Hospitality Pptys Inc |
No change
2,986
|
$298,000 | 0.14% |
| Autozone Inc. |
No change
100
|
$296,000 | 0.14% |
| Union Pac Corp |
No change
1,276
|
$289,000 | 0.13% |
| Comerica, Inc. |
No change
5,608
|
$286,000 | 0.13% |
| Mckesson Corporation |
No change
486
|
$285,000 | 0.13% |
| Amphenol Corp. |
100.00%
4,160
|
$280,000 | 0.13% |
| Deere Co |
No change
735
|
$274,000 | 0.13% |
| Texas Roadhouse Inc |
Opened
1,580
|
$271,000 | 0.12% |
| Exxon Mobil Corp. |
Closed
2,680
|
$269,000 | |
| Nike, Inc. |
Closed
2,442
|
$265,000 | |
| Proctor And Gamble Co |
No change
1,606
|
$265,000 | 0.12% |
| Honeywell International Inc |
Closed
1,249
|
$262,000 | |
| Microstrategy Inc. |
Opened
180
|
$248,000 | 0.11% |
| SPDR Series Trust |
3.23%
9,599
|
$246,000 | 0.11% |
| Walmart Inc |
Opened
3,617
|
$245,000 | 0.11% |
| Tesla Inc |
Closed
945
|
$235,000 | |
| Starbucks Corp. |
Closed
2,348
|
$226,000 | |
| Bank Of America Corp. |
Opened
5,582
|
$222,000 | 0.10% |
| Ishares Tr |
Opened
7,939
|
$211,000 | 0.10% |
| AMGEN Inc. |
15.88%
662
|
$207,000 | 0.10% |
| Brown-Forman Corporation |
Closed
3,610
|
$206,000 | |
| Broadcom Inc. |
Opened
127
|
$204,000 | 0.09% |
| EBay Inc. |
Closed
4,655
|
$203,000 | |
| PayPal Holdings Inc |
Closed
3,290
|
$202,000 | |
| Vanguard Intl Equity Index F |
Closed
4,698
|
$200,000 | |
| AudioEye Inc |
Opened
8,074
|
$142,000 | 0.07% |
| Senseonics Holdings Inc |
No change
40,002
|
$16,000 | 0.01% |
| Li-cycle Holdings Corp Ordinary Shares - Class A |
Closed
11,060
|
$6,000 | |
| No transactions found | |||
| Showing first 500 out of 85 holdings | |||
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