Latest PARSONS CAPITAL MANAGEMENT INC/RI Stock Portfolio

PARSONS CAPITAL MANAGEMENT INC/RI Performance:

2024 Q4: -0.08%YTD: 13.5%2023: 13.13%

Performance for 2024 Q4 is -0.08%, and YTD is 13.5%, and 2023 is 13.13%.

About PARSONS CAPITAL MANAGEMENT INC/RI and 13F Hedge Fund Stock Holdings

PARSONS CAPITAL MANAGEMENT INC/RI is a hedge fund based in PROVIDENCE, RI. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.7 Billions. In it's latest 13F Holdings report, PARSONS CAPITAL MANAGEMENT INC/RI reported an equity portfolio of $1.8 Billions as of 31 Dec, 2024.

The top stock holdings of PARSONS CAPITAL MANAGEMENT INC/RI are AAPL, MSFT, . The fund has invested 10.2% of it's portfolio in APPLE INC and 4.5% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off BLACKROCK INC (BLK), CVS HEALTH CORP (CVS) and NEXTERA ENERGY PARTNERS LP (NEP) stocks. They significantly reduced their stock positions in RELMADA THERAPEUTICS INC (RLMD), ISHARES TR (AAXJ) and DEVON ENERGY CORP NEW (DVN). PARSONS CAPITAL MANAGEMENT INC/RI opened new stock positions in BLACKROCK INC, VANECK ETF TRUST (AFK) and PUBLIC SVC ENTERPRISE GRP IN (PEG). The fund showed a lot of confidence in some stocks as they added substantially to NORTHROP GRUMMAN CORP (NOC), SHOPIFY INC and DUKE ENERGY CORP NEW (DUK).

PARSONS CAPITAL MANAGEMENT INC/RI Annual Return Estimates Vs S&P 500

Our best estimate is that PARSONS CAPITAL MANAGEMENT INC/RI made a return of -0.08% in the last quarter. In trailing 12 months, it's portfolio return was 13.5%.

New Buys

Ticker	$ Bought
blackrock inc	9,986,880
vaneck etf trust	6,467,380
public svc enterprise grp in	2,564,570
cameco corp	1,538,050
janus detroit str tr	1,181,040
ishares tr	842,839
invesco actively managed exc	750,587
pgim etf tr	562,839

New stocks bought by PARSONS CAPITAL MANAGEMENT INC/RI

Additions

Ticker	% Inc.
northrop grumman corp	1,316
shopify inc	1,019
duke energy corp new	885
neuraxis inc	797
ishares tr	507
wec energy group inc	494
coca cola co	390
tractor supply co	387

Additions to existing portfolio by PARSONS CAPITAL MANAGEMENT INC/RI

Reductions

Ticker	% Reduced
relmada therapeutics inc	-83.71
ishares tr	-62.32
devon energy corp new	-54.82
asml holding n v	-53.81
intel corp	-51.6
rio tinto plc	-50.67
ishares inc	-48.15
nike inc	-46.24

PARSONS CAPITAL MANAGEMENT INC/RI reduced stake in above stock

Sold off

Ticker	$ Sold
pennymac corp	-713,806
cvs health corp	-2,042,280
nextera energy partners lp	-641,475
doubleline income solutions	-222,283
cleveland-cliffs inc new	-210,705
barrick gold corp	-208,845
tellurian inc new	-9,680
blackrock inc	-8,322,690

PARSONS CAPITAL MANAGEMENT INC/RI got rid off the above stocks

Sector Distribution

PARSONS CAPITAL MANAGEMENT INC/RI has about 24.5% of it's holdings in Technology sector.

Sector	%
Technology	24.5
Others	23
Industrials	11.5
Financial Services	9.1
Healthcare	8.9
Consumer Cyclical	7
Energy	5
Communication Services	3.6
Consumer Defensive	3.3
Utilities	2.9

Market Cap. Distribution

PARSONS CAPITAL MANAGEMENT INC/RI has about 75.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	42.4
LARGE-CAP	32.8
UNALLOCATED	22.8
MID-CAP	1.2

Stocks belong to which Index?

About 72% of the stocks held by PARSONS CAPITAL MANAGEMENT INC/RI either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	72
Others	27.1

Top 5 Winners (%)		%
MDXG	mimedx group inc	61.7 %
TSLA	tesla inc	53.3 %
FRSH	freshworks inc	40.9 %
CLPT	clearpoint neuro inc	36.8 %
AVGO	broadcom inc	33.1 %

Top 5 Winners ($)		$
AAPL	apple inc	13.3 M
AMZN	amazon com inc	8.6 M
JPM	jpmorgan chase & co.	4.3 M
GOOG	alphabet inc	4.2 M
AVGO	broadcom inc	3.8 M

Top 5 Losers (%)		%
TSCO	tractor supply co	-81.3 %
PANW	palo alto networks inc	-49.2 %
SBEV	splash beverage group inc	-36.1 %
OLED	universal display corp	-29.1 %
MCHP	microchip technology inc.	-28.6 %

Top 5 Losers ($)		$
TSCO	tractor supply co	-6.4 M
MMM	3m co	-3.8 M
TMO	thermo fisher scientific inc	-3.1 M
LLY	eli lilly & co	-3.0 M
NEE	nextera energy inc	-2.4 M

PARSONS CAPITAL MANAGEMENT INC/RI Holdings Map

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

Current Stock Holdings of PARSONS CAPITAL MANAGEMENT INC/RI

PARSONS CAPITAL MANAGEMENT INC/RI has 440 stocks in it's portfolio. About 35.3% of the portfolio is in top 10 stocks. TSCO proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for PARSONS CAPITAL MANAGEMENT INC/RI last quarter.

Last Reported on: 22 Jan, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.01	1,955	262,635	unchanged	0.00

AAPL	apple inc	10.19	749,682	187,735,000	added	19.06

AAXJ	ishares tr	0.10	17,801	1,840,490	reduced	-2.92

AAXJ	ishares tr	0.08	18,988	1,445,940	reduced	-0.78

AAXJ	ishares tr	0.06	22,902	1,179,690	reduced	-2.87

AAXJ	ishares tr	0.06	22,065	1,140,760	added	8.52

AAXJ	ishares tr	0.06	20,118	1,049,360	reduced	-3.36

AAXJ	ishares tr	0.04	5,941	722,367	reduced	-2.57

AAXJ	ishares tr	0.03	4,926	543,106	added	0.31

AAXJ	ishares tr	0.03	8,400	492,781	unchanged	0.00

AAXJ	ishares tr	0.02	3,309	303,370	reduced	-62.32

AAXJ	ishares tr	0.02	2,772	295,357	new

ABBV	abbvie inc	1.07	111,390	19,794,000	added	20.39

ABC	cencora inc	0.19	15,637	3,513,320	reduced	-12.59

ABT	abbott labs	0.55	89,311	10,102,000	added	24.74

ACN	accenture plc ireland	0.37	19,531	6,870,810	reduced	-4.91

ACWF	ishares tr	0.30	88,940	5,455,550	reduced	-1.3

ACWF	ishares tr	0.06	24,383	1,102,110	reduced	-2.79

ACWF	ishares tr	0.02	6,687	403,561	reduced	-29.99

ACWV	ishares inc	0.01	3,922	227,437	reduced	-0.96