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Institution

Hermes Investment Management Ltd

13F for June 30, 2018, filed July 24, 2018 · SEC CIK 1013143 · Holdings history from March 31, 1999

The latest available holdings for this manager are dated June 30, 2018.

Reported value
$7.5bn
85% in companies we cover
Positions we cover
174
Largest BABA 7.9%
Copy, a year
+12.4%
S&P 500 +8.5%
Copy Sharpe ratio
0.65
S&P 500 0.52

Copy-performance statistics: January 11, 2008 to November 2, 2018. Holdings history can start earlier than the price data used for performance.

Historical holdings

Holdings across the available history, including securities outside our stock coverage. Select a date to view the holdings for that period.

Related reporting managers

SEC notices identify these reporting relationships. Each manager retains its own holdings history; changes in reporting scope can involve several managers.

220 reported entries for June 30, 2018.

IssuerClass / typeReported valueQuantity
CACI INTL INC127190304 · CACI CL A $23.9m 141,823
CANADIAN NATL RY CO136375102 COM $4.0m 48,490
CAPITAL ONE FINL CORP14040H105 · COF COM $59.6m 648,897
CENTERPOINT ENERGY INC15189T107 · CNP COM $1.2m 42,904
CF INDS HLDGS INC125269100 · CF COM $1.1m 25,375
CHINA MOBILE LIMITED16941M109 SPONSORED ADR $2.7m 60,400
CHUBB LIMITEDH1467J104 · CB COM $51.1m 402,132
CINTAS CORP172908105 · CTAS COM $1.5m 8,100
CISCO SYS INC17275R102 · CSCO COM $377,000 8,764
CITIGROUP INC172967424 · C COM NEW $2.0m 30,396
CLEAN HARBORS INC184496107 · CLH COM $49.2m 885,314
COGNEX CORP192422103 · CGNX COM $54.9m 1,231,299
COMMUNITY BK SYS INC203607106 · CBU COM $25.3m 429,141
CONCHO RES INC20605P101 COM $312,000 2,254
CONOCOPHILLIPS20825C104 · COP COM $738,000 10,600
CONSTELLATION BRANDS INC21036P108 · STZ CL A $10.1m 46,322
COOPER COS INC216648402 COM NEW $60.9m 258,784
CREDICORP LTDG2519Y108 COM $110.4m 490,416
CUMMINS INC231021106 · CMI COM $54.8m 412,184
DANAHER CORP DEL235851102 · DHR COM $406,000 4,112
DELTA AIR LINES INC DEL247361702 · DAL COM NEW $91.4m 1,844,482
DISNEY WALT CO254687106 · DIS COM DISNEY $78.7m 751,022
DOLBY LABORATORIES INC25659T107 · DLB COM $1.1m 17,201
DOLLAR GEN CORP NEW256677105 · DG COM $582,000 5,900
DOLLAR TREE INC256746108 · DLTR COM $9.4m 110,910
DUKE ENERGY CORP NEW26441C204 · DUK COM NEW $7.8m 98,006
DUN & BRADSTREET CORP DEL NE26483E100 COM $60.9m 496,774
EAGLE MATERIALS INC26969P108 · EXP COM $72.7m 692,314
EAST WEST BANCORP INC27579R104 · EWBC COM $74.3m 1,139,970
ECOLAB INC278865100 · ECL COM $6.3m 44,732
ELLIE MAE INC28849P100 COM $19.7m 190,184
EMERGENT BIOSOLUTIONS INC29089Q105 · EBS COM $6.5m 129,542
EOG RES INC26875P101 · EOG COM $428,000 3,443
EXXON MOBIL CORP30231G102 COM $5.4m 65,624
FACEBOOK INC30303M102 · META CL A $28.5m 146,558
FEDEX CORP31428X106 · FDX COM $1.2m 5,359
FIDELITY NATL INFORMATION SV31620M106 · FIS COM $835,000 7,878
FIFTH THIRD BANCORP316773100 · FITB COM $1.1m 39,222
FLIR SYS INC302445101 COM $52.1m 1,001,809
FLOWSERVE CORP34354P105 · FLS COM $11.5m 285,652
FORD MTR CO DEL345370860 · F COM PAR $0.01 $27.9m 2,519,206
FORTIVE CORP34959J108 · FTV COM $453,000 5,880
FORTUNE BRANDS HOME & SEC IN34964C106 · FBIN COM $32.2m 600,257
GAP INC DEL364760108 · GAP COM $947,000 29,252
GARTNER INC366651107 · IT COM $26.0m 195,858
GENERAL MLS INC370334104 · GIS COM $25.9m 585,317
GENESEE & WYO INC371559105 CL A $34.1m 419,821
GILDAN ACTIVEWEAR INC375916103 · GIL COM $21.7m 772,111
GILEAD SCIENCES INC375558103 · GILD COM $1.6m 23,016
GOLDMAN SACHS GROUP INC38141G104 · GS COM $444,000 2,014
HALLIBURTON CO406216101 · HAL COM $327,000 7,261
HANNON ARMSTRONG SUST INFR C41068X100 COM $6.6m 335,158
HCA HEALTHCARE INC40412C101 · HCA COM $1.7m 16,962
HDFC BANK LTD40415F101 · HDB ADR REPS 3 SHS $31.9m 304,048
HENRY JACK & ASSOC INC426281101 · JKHY COM $48.9m 375,066
HESS CORP42809H107 COM $82.1m 1,226,740
HOLLYSYS AUTOMATION TECHNOLOG45667105 SHS $28.0m 1,266,267
HOME DEPOT INC437076102 · HD COM $16.5m 84,509
HUMANA INC444859102 · HUM COM $29.7m 99,731
ICICI BK LTD45104G104 ADR $7.0m 870,606
IDEXX LABS INC45168D104 · IDXX COM $2.0m 9,369
ILLINOIS TOOL WKS INC452308109 · ITW COM $1.2m 8,879
ILLUMINA INC452327109 · ILMN COM $7.0m 25,165
INGERSOLL-RAND PLCG47791101 SHS $48.2m 536,879
INGREDION INC457187102 · INGR COM $42.5m 383,773
INTEL CORP458140100 · INTC COM $427,000 8,580
INTERPUBLIC GROUP COS INC460690100 COM $539,000 22,998
ITAU UNIBANCO HLDG SA465562106 SPON ADR REP PFD $3.2m 303,521
JD COM INC47215P106 · JD SPON ADR CL A $177.8m 4,565,565
JOHNSON & JOHNSON478160104 · JNJ COM $4.4m 36,334
JPMORGAN CHASE & CO46625H100 · JPM COM $20.7m 198,519
KB FINANCIAL GROUP INC48241A105 SPONSORED ADR $8.8m 189,058
KIRBY CORP497266106 · KEX COM $68.7m 822,165
LAM RESEARCH CORP512807108 · LRCX COM $42.6m 246,530
LIVANOVA PLCG5509L101 · LIVN SHS $56.3m 564,331
LKQ CORP501889208 · LKQ COM $44.7m 1,400,312
LOCKHEED MARTIN CORP539830109 · LMT COM $33.5m 113,371
LYONDELLBASELL INDUSTRIES NN53745100 · LYB SHS - A - $1.1m 9,732
M & T BK CORP55261F104 · MTB COM $29.0m 170,642
MANHATTAN ASSOCS INC562750109 · MANH COM $39.7m 844,437
MARATHON OIL CORP565849106 COM $10.3m 496,117
MARATHON PETE CORP56585A102 · MPC COM $35.6m 506,954
MARKEL CORP570535104 · MKL COM $1.3m 1,190
MARSH & MCLENNAN COS INC571748102 · MRSH COM $923,000 11,258
MARTIN MARIETTA MATLS INC573284106 · MLM COM $23.9m 107,001
MASCO CORP574599106 · MAS COM $6.5m 174,140
MASTERCARD INCORPORATED57636Q104 · MA CL A $2.9m 14,808
MATSON INC57686G105 · MATX COM $30.2m 787,627
MDU RES GROUP INC552690109 · MDU COM $43.9m 1,529,633
MEDNAX INC58502B106 · MD COM $18.6m 430,711
MERCK & CO INC58933Y105 · MRK COM $14.5m 238,168
METLIFE INC59156R108 · MET COM $14.5m 331,729
MICRON TECHNOLOGY INC595112103 · MU COM $77.1m 1,469,536
MICROSOFT CORP594918104 · MSFT COM $97.1m 984,497
MIDDLEBY CORP596278101 · MIDD COM $3.5m 33,171
MOLSON COORS BREWING CO60871R209 · TAP CL B $651,000 9,572
MSC INDL DIRECT INC553530106 · MSM CL A $12.9m 151,501
MURPHY OIL CORP626717102 · MUR COM $604,000 17,876
NATIONAL INSTRS CORP636518102 COM $51.7m 1,230,525
NEWELL BRANDS INC651229106 · NWL COM $874,000 33,884

Values use the units disclosed in the source. Where a dollar scale cannot be established, the original amount is shown as filed. Rows may include separate allocations, options and principal amounts; these are kept separate from the covered-stock portfolio used for performance.

How copying its 13F would have done

$5.0k$10.0k$20.0k$40.0k 200820102012201420162018 $35.3k$24.2k
CopyS&P 500 $10,000 copying Hermes Investment Management Ltd's usable filed holdings in companies we cover from January 11, 2008, rebalancing at the first weekly close after each usable filing and holding until the next, against the S&P 500 (total return). Missing prices carry their last observed value. Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −50.5% (S&P 500 −50.8%); beta 1.05; alpha +3.4% a year (t = 1.63); last 12 months +1.5% against +7.4%.

Reported value by quarter

Hermes Investment Management Ltd: 13F reported value Total reported value where the source's dollar units can be established. Earlier filings in thousands of dollars are converted; dates with unresolved value units are omitted.
$0 $2B $4B $6B $8B Reported value, 2008-03-31: $565.5M Reported value, 2008-06-30: $573.9M Reported value, 2008-09-30: $559.1M Reported value, 2008-12-31: $423.8M Reported value, 2009-03-31: $373.8M Reported value, 2009-06-30: $493.5M Reported value, 2009-09-30: $617.4M Reported value, 2009-12-31: $898.8M Reported value, 2010-03-31: $680.6M Reported value, 2010-06-30: $1B Reported value, 2010-09-30: $1.1B Reported value, 2010-12-31: $1.3B Reported value, 2011-03-31: $1.3B Reported value, 2011-06-30: $1.2B Reported value, 2011-09-30: $876.8M Reported value, 2011-12-31: $1.4B Reported value, 2012-03-31: $1.5B Reported value, 2012-06-30: $1.5B Reported value, 2012-09-30: $1.8B Reported value, 2012-12-31: $2B Reported value, 2013-03-31: $2.4B Reported value, 2013-06-30: $2.6B Reported value, 2013-09-30: $3B Reported value, 2013-12-31: $3.3B Reported value, 2014-03-31: $3.2B Reported value, 2014-06-30: $3.6B Reported value, 2014-09-30: $3.9B Reported value, 2014-12-31: $3.9B Reported value, 2015-03-31: $4.3B Reported value, 2015-06-30: $4.4B Reported value, 2015-09-30: $3.9B Reported value, 2015-12-31: $4.4B Reported value, 2016-03-31: $4.8B Reported value, 2016-06-30: $5B Reported value, 2016-09-30: $5.9B Reported value, 2016-12-31: $5.9B Reported value, 2017-03-31: $6.2B Reported value, 2017-06-30: $6.1B Reported value, 2017-09-30: $6.7B Reported value, 2017-12-31: $7B Reported value, 2018-03-31: $6.9B Reported value, 2018-06-30: $7.5B 2008-03-31 2010-06-30 2012-09-30 2014-12-31 2018-06-30 $7.5B
View chart data
Period Reported value
2008-03-31 $565.5M
2008-06-30 $573.9M
2008-09-30 $559.1M
2008-12-31 $423.8M
2009-03-31 $373.8M
2009-06-30 $493.5M
2009-09-30 $617.4M
2009-12-31 $898.8M
2010-03-31 $680.6M
2010-06-30 $1B
2010-09-30 $1.1B
2010-12-31 $1.3B
2011-03-31 $1.3B
2011-06-30 $1.2B
2011-09-30 $876.8M
2011-12-31 $1.4B
2012-03-31 $1.5B
2012-06-30 $1.5B
2012-09-30 $1.8B
2012-12-31 $2B
2013-03-31 $2.4B
2013-06-30 $2.6B
2013-09-30 $3B
2013-12-31 $3.3B
2014-03-31 $3.2B
2014-06-30 $3.6B
2014-09-30 $3.9B
2014-12-31 $3.9B
2015-03-31 $4.3B
2015-06-30 $4.4B
2015-09-30 $3.9B
2015-12-31 $4.4B
2016-03-31 $4.8B
2016-06-30 $5B
2016-09-30 $5.9B
2016-12-31 $5.9B
2017-03-31 $6.2B
2017-06-30 $6.1B
2017-09-30 $6.7B
2017-12-31 $7B
2018-03-31 $6.9B
2018-06-30 $7.5B

Latest covered holdings and moves

Covered holdings as of June 30, 2018.

CompanyShare of portfolioValueSharesChange in shares
BABAAlibaba Group Holding Ltd7.87%$592.4m3.19M+6.8% Added
TSMTaiwan Semiconductor Manufacturing Co LTD5.57%$418.8m11.45M+28.8% Added
BIDUBaidu, Inc.3.49%$262.5m1.08M+18.6% Added
AMZNAmazon2.45%$184.6m108.6K+9.5% Added
JDJd.com, Inc.2.36%$177.8m4.57M−10.7% Reduced
GOOGLAlphabet Inc. (Class A)1.57%$118.5m104.9K+6.4% Added
TMOThermo Fisher Scientific1.57%$118.5m571.9K+6.8% Added
MSFTMicrosoft Corporation1.29%$97.1m984.5K+18.4% Added
WSTWest Pharmaceutical Services1.28%$96.2m968.9K+4.8% Added
BACBank of America1.23%$92.6m3.28M+14.7% Added
DALDelta Air Lines1.22%$91.4m1.84M+16.2% Added
AAPLApple Inc.1.12%$84.4m455.8K−0.3%
WTFCWintrust Financial Corp1.12%$84.1m966.4K+1.4% Added
AWKAmerican Water Works1.05%$79.3m929.3K+6.6% Added
WEXWEX Inc.1.05%$79.3m416.2K+2.7% Added
PGProcter & Gamble1.05%$78.8m1.01M+12.3% Added
DISThe Walt Disney Company1.05%$78.7m751.0K+27.5% Added
ABTAbbott Laboratories1.04%$78.2m1.28M+8.7% Added
MUMicron Technology1.02%$77.1m1.47M+12.5% Added
RPMRPM International Inc1.00%$75.5m1.30M+0.4%
ACNAccenture0.99%$74.5m455.4K+3.1% Added
EWBCEast West Bancorp Inc0.99%$74.3m1.14M+6.8% Added
EXPEagle Materials Inc0.97%$72.7m692.3K+9.9% Added
TJXTJX Companies0.96%$72.6m762.9K+13.8% Added
SLABSilicon Laboratories Inc.0.94%$70.4m707.1K+2.6% Added
AMNAMN Healthcare Services Inc0.93%$69.9m1.19M+12.8% Added
STTState Street Corporation0.92%$69.4m745.8K+21.0% Added
KEXKirby Corp0.91%$68.7m822.2K−5.1% Reduced
BCBrunswick Corp0.89%$66.7m1.03M+9.7% Added
AMTAmerican Tower0.82%$61.8m428.5K+2.6% Added
BAXBaxter International0.80%$59.8m809.8K+9.8% Added
COFCapital One0.79%$59.6m648.9K+12.0% Added
VVisa Inc.0.79%$59.2m446.6K+14.3% Added
RGAReinsurance Group Of America Inc0.76%$56.8m425.3K+1.7% Added
LIVNLivanova PLC0.75%$56.3m564.3K+4.1% Added
BIOBio-rad Laboratories, Inc.0.75%$56.2m194.9K+1.4% Added
TRVThe Travelers Companies0.73%$55.1m450.7K+8.6% Added
CGNXCognex Corp0.73%$54.9m1.23M+1.3% Added
CMICummins0.73%$54.8m412.2K+11.7% Added
BROBrown & Brown0.73%$54.7m1.97M+1.3% Added
ATRAptargroup, Inc.0.71%$53.5m573.2K+3.0% Added
VZVerizon0.69%$51.7m1.03M+40.3% Added
WLYJohn Wiley & Sons, Inc.0.69%$51.6m826.2K+2.7% Added
AMGNAmgen0.68%$51.3m278.0K+14.7% Added
CBChubb Limited0.68%$51.1m402.1K−7.6% Reduced
CRMSalesforce0.67%$50.4m369.4KNew
CLHClean Harbors Inc0.65%$49.2m885.3K+2.9% Added
JKHYJack Henry & Associates Inc0.65%$48.9m375.1K+1.3% Added
SYYSysco0.64%$48.0m702.4K+31.0% Added
SNASnap-on0.63%$47.2m293.5K+12.0% Added
LKQLKQ Corp0.59%$44.7m1.40M+16.3% Added
MDUMDU Resources Group Inc0.58%$43.9m1.53M+1.4% Added
LRCXLam Research0.57%$42.6m246.5K−18.3% Reduced
INGRIngredion Inc0.56%$42.5m383.8K+23.8% Added
WYWeyerhaeuser0.55%$41.6m1.14M+114.1% Added
MANHManhattan Associates Inc0.53%$39.7m844.4K+1.5% Added
WWDWoodward, Inc.0.51%$38.7m503.3K+4.5% Added
MPCMarathon Petroleum0.47%$35.6m507.0K+19.9% Added
ADIAnalog Devices0.47%$35.3m368.4K−0.8% Reduced
WABWabtec0.46%$34.3m347.7K−17.5% Reduced
LMTLockheed Martin0.45%$33.5m113.4K−1.3% Reduced
LNTAlliant Energy0.44%$33.2m784.4K+4.8% Added
WDCWestern Digital0.43%$32.7m422.3K+8.2% Added
RCLRoyal Caribbean Group0.43%$32.7m315.4K+33.9% Added
FBINFortune Brands Innovations, Inc.0.43%$32.2m600.3K+38.0% Added
ZTSZoetis0.43%$32.1m377.3K+18.6% Added
BRBroadridge Financial Solutions0.42%$32.0m277.9K+2.4% Added
HDBHdfc Bank LTD0.42%$31.9m304.0K+27.4% Added
WDFCWD 40 Co0.41%$31.1m212.5K+0.4%
PFEPfizer0.41%$30.6m844.8K+20.2% Added
MATXMatson, Inc.0.40%$30.2m787.6K+2.3% Added
HUMHumana0.40%$29.7m99.7K+20.7% Added
ADBEAdobe Inc.0.39%$29.7m121.7KNew
SSDSimpson Manufacturing Co., Inc.0.39%$29.3m470.8K+4.5% Added
MTBM&T Bank0.39%$29.0m170.6K+17.5% Added
UGIUGI Corp0.38%$28.7m551.4K+37.2% Added
METAMeta Platforms0.38%$28.5m146.6K−18.9% Reduced
FFord Motor Company0.37%$27.9m2.52M+21.0% Added
ALLAllstate0.37%$27.8m305.1K+7.9% Added
PTCPTC Inc.0.37%$27.5m293.7K+49.4% Added
AXTAAxalta Coating Systems Ltd.0.37%$27.5m907.4K+2.3% Added
SEICSEI Investments Co0.35%$26.3m421.4K+2.3% Added
ITGartner0.35%$26.0m195.9K+2.3% Added
GISGeneral Mills0.34%$25.9m585.3K+25.2% Added
BWABorgwarner Inc0.34%$25.6m594.2K−0.1%
WTMWhite Mountains Insurance Group LTD0.34%$25.5m28.1K+2.3% Added
CBUCommunity Financial System, Inc.0.34%$25.3m429.1KNew
CACICACI International Inc0.32%$23.9m141.8K+0.4%
MLMMartin Marietta Materials0.32%$23.9m107.0K+2.3% Added
WFCWells Fargo0.30%$22.7m410.3K−33.2% Reduced
GILGildan Activewear Inc.0.29%$21.7m772.1K+2.1% Added
JPMJPMorgan Chase0.28%$20.7m198.5K+3.2% Added
MDPediatrix Medical Group, Inc.0.25%$18.6m430.7K+2.0% Added
OIIOceaneering International Inc0.25%$18.5m727.4K+2.3% Added
HDThe Home Depot0.22%$16.5m84.5K+1.9% Added
BHFBrighthouse Financial, Inc.0.22%$16.4m409.0K+45.6% Added
ANETArista Networks0.21%$16.1m62.7K+63.0% Added
METMetLife0.19%$14.5m331.7K+10.0% Added
MRKMerck & Co.0.19%$14.5m238.2K−1.0% Reduced
ORLYO'Reilly Automotive0.18%$13.4m48.8K+44.5% Added
MSMMSC Industrial Direct Co Inc0.17%$12.9m151.5K−56.9% Reduced
FLSFlowserve Corp0.15%$11.5m285.7K0.0%
STZConstellation Brands0.14%$10.1m46.3K−7.3% Reduced
BABoeing0.13%$9.9m29.6K−0.4%
DLTRDollar Tree0.13%$9.4m110.9K−8.3% Reduced
DUKDuke Energy0.10%$7.8m98.0K−0.9% Reduced
ALGNAlign Technology0.10%$7.2m21.0K+32.4% Added
ILMNIllumina, Inc.0.09%$7.0m25.2K+11.3% Added
AVGOBroadcom0.09%$6.9m28.5KNew
EBSEmergent Biosolutions Inc.0.09%$6.5m129.5K+11.3% Added
MASMasco0.09%$6.5m174.1K0.0%
ECLEcolab0.08%$6.3m44.7K+11.3% Added
PPGPPG Industries0.08%$6.0m57.5K−16.0% Reduced
AAgilent Technologies0.08%$5.9m95.9K+24.3% Added
XYLXylem Inc.0.08%$5.9m87.8K+11.8% Added
JNJJohnson & Johnson0.06%$4.4m36.3K+0.5%
MIDDMiddleby Corp0.05%$3.5m33.2K+29.9% Added
MAMastercard0.04%$2.9m14.8K−2.6% Reduced
OXYOccidental Petroleum0.04%$2.7m32.6K−26.7% Reduced
IDXXIdexx Laboratories0.03%$2.0m9.4K0.0%
CCitigroup0.03%$2.0m30.4K−2.6% Reduced
UNHUnitedHealth Group0.03%$1.9m7.9K−4.8% Reduced
HCAHCA Healthcare0.02%$1.7m17.0K−3.4% Reduced
GILDGilead Sciences0.02%$1.6m23.0K0.0%
AIGAmerican International Group0.02%$1.5m28.9K−5.8% Reduced
NINiSource0.02%$1.5m58.0K0.0%
CTASCintas0.02%$1.5m8.1K0.0%
TAT&T0.02%$1.4m44.6K0.0%
MKLMarkel Group Inc.0.02%$1.3m1.2K−1.5% Reduced
PYPLPayPal0.02%$1.3m15.1K+6.2% Added
SHWSherwin-Williams0.02%$1.3m3.1K0.0%
AUTLAutolus Therapeutics plc0.02%$1.2m46.6KNew
ITWIllinois Tool Works0.02%$1.2m8.9K0.0%
FDXFedEx0.02%$1.2m5.4K−5.3% Reduced
BLKBlackRock0.02%$1.2m2.4K0.0%
CNPCenterPoint Energy0.02%$1.2m42.9K0.0%
PRUPrudential Financial0.01%$1.2m12.3K0.0%
CFCF Industries0.01%$1.1m25.4K0.0%
FITBFifth Third Bancorp0.01%$1.1m39.2K−2.0% Reduced
LYBLyondellBasell0.01%$1.1m9.7K0.0%
DLBDolby Laboratories, Inc.0.01%$1.1m17.2K0.0%
PSXPhillips 660.01%$1.0m8.9K0.0%
URIUnited Rentals0.01%$957,0006.5K0.0%
ADMArcher Daniels Midland0.01%$956,00020.9K0.0%
GAPGAP Inc0.01%$947,00029.3K0.0%
MRSHMarsh McLennan0.01%$923,00011.3K0.0%
NWLNewell Brands Inc.0.01%$874,00033.9K−95.9% Reduced
SJMThe J.M. Smucker Company0.01%$837,0007.8K−6.3% Reduced
FISFidelity National Information Services0.01%$835,0007.9K+4.7% Added
ROPRoper Technologies0.01%$828,0003.0K−9.1% Reduced
CompanyBought (value)Shares
TSMTaiwan Semiconductor Manufacturing Co LTD$93.7m2.56M
CRMSalesforce$50.4m369.4K
BIDUBaidu, Inc.$41.1m169.3K
BABAAlibaba Group Holding Ltd$37.6m202.5K
ADBEAdobe Inc.$29.7m121.7K
CBUCommunity Financial System, Inc.$25.3m429.1K
WYWeyerhaeuser$22.2m608.6K
DISThe Walt Disney Company$17.0m162.0K
AMZNAmazon$16.0m9.4K
MSFTMicrosoft Corporation$15.1m153.3K
VZVerizon$14.9m295.2K
DALDelta Air Lines$12.7m256.6K
STTState Street Corporation$12.0m129.4K
BACBank of America$11.9m421.6K
SYYSysco$11.3m166.2K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
JDJd.com, Inc.−$21.3m−548.0K
NWLNewell Brands Inc.−$20.5m−794.3K
MSMMSC Industrial Direct Co Inc−$17.0m−200.0K
WFCWells Fargo−$11.3m−204.2K
LRCXLam Research−$9.5m−55.1K
WABWabtec−$7.3m−73.8K
METAMeta Platforms−$6.6m−34.1K
CBChubb Limited−$4.2m−33.2K
KEXKirby Corp−$3.7m−43.8K
SBUXStarbucks−$2.4m−49.7K
PPGPPG Industries−$1.1m−11.0K
OXYOccidental Petroleum−$993,021−11.9K
DLTRDollar Tree−$857,788−10.1K
STZConstellation Brands−$802,995−3.7K
LMTLockheed Martin−$441,370−1.5K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
FENGPhoenix New Media Ltd$211,00048.5K
  • Consumer Discretionary20.1%
  • Technology19.1%
  • Financials16.4%
  • Health Care11.8%
  • Industrials9.4%
  • Communication Services9.3%
  • Materials4.2%
  • Consumer Staples3.9%
  • Utilities3.1%
  • Real Estate1.6%
  • Energy1.0%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestJanuary 11, 2008 to November 2, 2018+12.4%+8.5%0.650.52−50.5%1.05
2010 to 2017January 8, 2010 to December 29, 2017+16.0%+13.5%1.010.98−20.6%1.10
2018 onwardsJanuary 5, 2018 to November 2, 2018−5.9%+0.9%−0.370.01−12.7%1.08
Last three yearsNovember 6, 2015 to November 2, 2018+11.8%+11.2%0.790.86−12.9%1.12
Last yearNovember 3, 2017 to November 2, 2018+0.7%+7.2%0.010.42−12.7%1.08

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.