Lederer & Associates Investment Counsel/ca 13F annual report
Lederer & Associates Investment Counsel/ca is an investment fund managing more than $138 million ran by Darin Bemis. There are currently 84 companies in Mrs. Bemis’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $23.8 million.
$138 million Assets Under Management (AUM)
As of 26th July 2024, Lederer & Associates Investment Counsel/ca’s top holding is 56,944 shares of Apple Inc currently worth over $12 million and making up 8.7% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Lederer & Associates Investment Counsel/ca owns more than approximately 0.1% of the company.
In addition, the fund holds 26,382 shares of Microsoft worth $11.8 million, whose value grew 1.4% in the past six months.
The third-largest holding is NVIDIA Corp worth $6.71 million and the next is Alphabet Inc A worth $5.26 million, with 28,872 shares owned.
Currently, Lederer & Associates Investment Counsel/ca's portfolio is worth at least $138 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 Lederer & Associates Investment Counsel/ca
The Lederer & Associates Investment Counsel/ca office and employees reside in Long Beach, California. According to the last 13-F report filed with the SEC, Darin Bemis serves as the Chief Compliance Officer at Lederer & Associates Investment Counsel/ca.
Recent trades
In the most recent 13F filing, Lederer & Associates Investment Counsel/ca revealed that it had opened a new position in
Corpay Inc and bought 3,734 shares worth $995 thousand.
The investment fund also strengthened its position in NVIDIA Corp by buying
46,291 additional shares.
This makes their stake in NVIDIA Corp total 54,275 shares worth $6.71 million.
NVIDIA Corp dropped 75.3% in the past year.
On the other hand, there are companies that Lederer & Associates Investment Counsel/ca is getting rid of from its portfolio.
Lederer & Associates Investment Counsel/ca closed its position in Fleetcor Technologies Inc on 2nd August 2024.
It sold the previously owned 3,758 shares for $1.06 million.
Darin Bemis also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $12 million and 56,944 shares.
One of the smallest hedge funds
The two most similar investment funds to Lederer & Associates Investment Counsel/ca are Adams Chetwood Wealth Management and T Ventures Management Co. They manage $138 million and $138 million respectively.
Darin Bemis investment strategy
Lederer & Associates Investment Counsel/ca’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 19.3% of
the total portfolio value.
The fund focuses on investments in the United States as
58.3% 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
54% of the total holdings value.
On the other hand, small-cap stocks make up only 3.6% of the portfolio.
The average market cap of the portfolio companies is close to $199 billion.
The complete list of Lederer & Associates Investment Counsel/ca trades based on 13F SEC filings
These positions were updated on August 2nd 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 |
|---|---|---|---|
| Apple Inc |
6.53%
56,944
|
$11,994,000 | 8.68% |
| Microsoft Corporation |
5.35%
26,382
|
$11,791,000 | 8.53% |
| NVIDIA Corp |
579.80%
54,275
|
$6,705,000 | 4.85% |
| Alphabet Inc A |
5.92%
28,872
|
$5,259,000 | 3.80% |
| Amazon.com Inc. |
2.52%
22,770
|
$4,400,000 | 3.18% |
| Meta Platforms Inc |
7.22%
6,999
|
$3,529,000 | 2.55% |
| Visa Inc |
6.62%
11,756
|
$3,086,000 | 2.23% |
| Jpmorgan Chase Co |
10.90%
14,813
|
$2,996,000 | 2.17% |
| Berkshire Hathaway Inc B |
1.75%
7,308
|
$2,973,000 | 2.15% |
| Automatic Data Processing Inc. |
8.72%
11,741
|
$2,802,000 | 2.03% |
| Broadcom Inc |
10.87%
1,525
|
$2,448,000 | 1.77% |
| Blackrock Inc. |
8.51%
2,967
|
$2,336,000 | 1.69% |
| Stryker Corp. |
8.37%
6,736
|
$2,292,000 | 1.66% |
| Elevance Health |
4.92%
4,098
|
$2,221,000 | 1.61% |
| AMGEN Inc. |
22.78%
7,053
|
$2,204,000 | 1.59% |
| Adobe Systems Inc |
0.10%
3,834
|
$2,130,000 | 1.54% |
| Johnson Johnson |
9.74%
14,281
|
$2,087,000 | 1.51% |
| Waste Management, Inc. |
12.12%
9,625
|
$2,053,000 | 1.49% |
| Costco Wholesale Corp |
9.80%
2,347
|
$1,995,000 | 1.44% |
| Sp Global Inc |
7.44%
4,429
|
$1,975,000 | 1.43% |
| Chubb Ltd |
19.60%
7,734
|
$1,973,000 | 1.43% |
| NextEra Energy Inc |
10.99%
27,028
|
$1,914,000 | 1.38% |
| Mcdonald S Corp |
10.44%
7,260
|
$1,850,000 | 1.34% |
| Netflix Inc. |
7.10%
2,631
|
$1,776,000 | 1.28% |
| Martin Marietta Materials, Inc. |
13.99%
3,239
|
$1,755,000 | 1.27% |
| American Water Works Co. Inc. |
6.90%
12,610
|
$1,629,000 | 1.18% |
| Union Pacific Corp. |
10.71%
6,986
|
$1,581,000 | 1.14% |
| Schwab Us Tips Etf |
7.28%
30,348
|
$1,578,000 | 1.14% |
| Alphabet Inc C |
1.26%
8,550
|
$1,568,000 | 1.13% |
| Hershey Company |
9.31%
8,162
|
$1,500,000 | 1.09% |
| Louis Vuitton Moet Hennessy |
5.10%
9,650
|
$1,480,000 | 1.07% |
| Schwab Us Large-cap Value Etf |
1.17%
19,927
|
$1,476,000 | 1.07% |
| Spdr Gold Shares |
No change
6,815
|
$1,465,000 | 1.06% |
| Pepsico Inc |
7.63%
8,253
|
$1,361,000 | 0.98% |
| Cisco Systems, Inc. |
7.61%
27,879
|
$1,325,000 | 0.96% |
| Coca-Cola Co |
No change
20,635
|
$1,313,000 | 0.95% |
| Starbucks Corp. |
8.23%
16,623
|
$1,294,000 | 0.94% |
| Chevron Corp. |
14.76%
8,065
|
$1,262,000 | 0.91% |
| Fiserv, Inc. |
5.82%
8,372
|
$1,248,000 | 0.90% |
| Medtronic Plc |
4.39%
15,402
|
$1,212,000 | 0.88% |
| Exxon Mobil Corp. |
16.39%
9,599
|
$1,105,000 | 0.80% |
| Unitedhealth Group Inc |
1.64%
2,165
|
$1,103,000 | 0.80% |
| Fleetcor Technologies Inc |
Closed
3,758
|
$1,062,000 | |
| Sysco Corp. |
23.78%
14,854
|
$1,060,000 | 0.77% |
| Kenvue |
30.06%
56,677
|
$1,030,000 | 0.75% |
| Schwab Us Reit Etf |
0.27%
50,954
|
$1,018,000 | 0.74% |
| Corpay Inc |
Opened
3,734
|
$995,000 | 0.72% |
| Nike Inc B |
Closed
9,104
|
$988,000 | |
| Merck Co Inc |
20.39%
7,849
|
$972,000 | 0.70% |
| Lululemon Athletica inc. |
Opened
3,175
|
$948,000 | 0.69% |
| Waters Corp. |
1.85%
3,243
|
$941,000 | 0.68% |
| Bristol-Myers Squibb Co. |
6.15%
22,562
|
$937,000 | 0.68% |
| Kimberly-Clark Corp. |
11.40%
6,710
|
$927,000 | 0.67% |
| Home Depot, Inc. |
13.72%
2,648
|
$912,000 | 0.66% |
| PayPal Holdings Inc |
4.31%
15,429
|
$895,000 | 0.65% |
| Mondelez International Inc. |
10.58%
13,201
|
$864,000 | 0.63% |
| Live Nation Entertainment Inc |
2.04%
9,147
|
$857,000 | 0.62% |
| Comcast Corp Class A |
1.11%
21,562
|
$844,000 | 0.61% |
| Honeywell International Inc |
6.86%
3,941
|
$842,000 | 0.61% |
| Cognizant Technology Solutions Corp. |
4.86%
12,108
|
$823,000 | 0.60% |
| American Tower Corp. |
2.25%
4,220
|
$820,000 | 0.59% |
| Goldman Sachs Group, Inc. |
25.38%
1,785
|
$807,000 | 0.58% |
| Travelers Companies Inc. |
14.62%
3,919
|
$797,000 | 0.58% |
| Bank of America Corporation |
No change
19,783
|
$787,000 | 0.57% |
| Prologis Inc |
2.30%
6,769
|
$760,000 | 0.55% |
| Vanguard Total Stock Market Etf |
No change
2,799
|
$749,000 | 0.54% |
| Schwab Us Large-cap Growth Etf |
10.03%
7,054
|
$711,000 | 0.51% |
| Procter Gamble Co |
11.49%
4,045
|
$667,000 | 0.48% |
| Schwab Us Dividend Equity Etf |
No change
8,484
|
$660,000 | 0.48% |
| Equinix Inc |
2.22%
829
|
$627,000 | 0.45% |
| Schwab Us Aggregate Bond Etf |
1.83%
13,656
|
$622,000 | 0.45% |
| Schwab 1 5 Year Corp Bond Etf |
2.26%
12,216
|
$590,000 | 0.43% |
| Spdr Sp 500 Etf |
Closed
1,120
|
$532,000 | |
| Madison Square Garden Sports Corp. |
2.46%
2,580
|
$485,000 | 0.35% |
| Simon Property Group, Inc. |
2.35%
3,007
|
$456,000 | 0.33% |
| Schwab Int-term Us Treasury Etf |
1.91%
9,035
|
$441,000 | 0.32% |
| Ishares Core Sp Mid-cap |
Closed
1,550
|
$430,000 | |
| Schwab Short-term Us Treasury Etf |
0.74%
8,631
|
$415,000 | 0.30% |
| Public Storage |
2.33%
1,404
|
$404,000 | 0.29% |
| Schwab Us Broad Market Etf |
4.88%
6,333
|
$398,000 | 0.29% |
| Digital Realty Trust, Inc. |
2.41%
2,596
|
$395,000 | 0.29% |
| Crown Castle International Corp |
13.56%
3,953
|
$386,000 | 0.28% |
| Schwab Us Mid-cap Etf |
1.86%
4,172
|
$325,000 | 0.24% |
| Ishares Core Sp Small-cap |
Closed
2,780
|
$301,000 | |
| Vanguard Growth Etf |
Closed
960
|
$298,000 | |
| Ishares Msci Eafe |
Closed
3,710
|
$280,000 | |
| Eli Lilly And Co |
Opened
305
|
$276,000 | 0.20% |
| American States Water Co. |
No change
3,750
|
$272,000 | 0.20% |
| Avalonbay Communities Inc. |
2.41%
1,275
|
$264,000 | 0.19% |
| SBA Communications Corp |
13.67%
998
|
$196,000 | 0.14% |
| Opendoor Technologies Inc. |
Opened
10,000
|
$18,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 91 holdings | |||
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