Latest Suncoast Equity Management Stock Portfolio
$757Million
Equity Portfolio Value
Last Reported on: 30 Jan, 2024
About Suncoast Equity Management and it’s 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Suncoast Equity Management reported an equity portfolio of $757.5 Millions as of 31 Dec, 2023.
The top stock holdings of Suncoast Equity Management are MSFT, AAPL, INTU. The fund has invested 8.8% of it's portfolio in MICROSOFT CORP and 7.6% of portfolio in APPLE INC.
The fund managers got completely rid off FORTINET INC (FTNT), POOL CORP (POOL) and ISHARES TR (AGG) stocks. They significantly reduced their stock positions in HOME DEPOT INC (HD), VANGUARD INDEX FDS (VOO) and FEDEX CORP (FDX). Suncoast Equity Management opened new stock positions in MCKESSON CORP (MCK), SALESFORCE INC (CRM) and MARSH & MCLENNAN COS INC (MMC). The fund showed a lot of confidence in some stocks as they added substantially to NICE LTD (NICE), EATON CORP PLC (ETN) and AMAZON COM INC (AMZN).
The top stock holdings of Suncoast Equity Management are MSFT, AAPL, INTU. The fund has invested 8.8% of it's portfolio in MICROSOFT CORP and 7.6% of portfolio in APPLE INC.
The fund managers got completely rid off FORTINET INC (FTNT), POOL CORP (POOL) and ISHARES TR (AGG) stocks. They significantly reduced their stock positions in HOME DEPOT INC (HD), VANGUARD INDEX FDS (VOO) and FEDEX CORP (FDX). Suncoast Equity Management opened new stock positions in MCKESSON CORP (MCK), SALESFORCE INC (CRM) and MARSH & MCLENNAN COS INC (MMC). The fund showed a lot of confidence in some stocks as they added substantially to NICE LTD (NICE), EATON CORP PLC (ETN) and AMAZON COM INC (AMZN).
New Buys
| Ticker | $ Bought |
|---|---|
| MCKESSON CORP | 13,783,500 |
| SALESFORCE INC | 13,737,800 |
| MARSH & MCLENNAN COS INC | 1,524,290 |
| MEDPACE HLDGS INC | 411,670 |
| BROWN & BROWN INC | 322,128 |
New stocks bought by Suncoast Equity Management
Additions
| Ticker | % Inc. |
|---|---|
| NICE LTD | 36.52 |
| EATON CORP PLC | 28.58 |
| AMAZON COM INC | 20.68 |
| MSA SAFETY INC | 15.81 |
| ITT INC | 14.13 |
| SPDR S&P 500 ETF TR | 10.57 |
| ALPHABET INC | 7.35 |
| TJX COS INC NEW | 5.29 |
Additions to existing portfolio by Suncoast Equity Management
Reductions
| Ticker | % Reduced |
|---|---|
| HOME DEPOT INC | -91.92 |
| VANGUARD INDEX FDS | -13.21 |
| FEDEX CORP | -12.32 |
| TRACTOR SUPPLY CO | -4.28 |
| MCDONALDS CORP | -4.18 |
| TEXAS INSTRS INC | -3.89 |
| HUBBELL INC | -3.46 |
| COPART INC | -3.44 |
Suncoast Equity Management reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| NUVEEN VIRGINIA QLTY MUNCPL | -188,372 |
| FORTINET INC | -592,140 |
| VANGUARD SPECIALIZED FUNDS | -265,206 |
| POOL CORP | -436,223 |
| ISHARES TR | -291,583 |
| INVESCO QQQ TR | -238,225 |
Suncoast Equity Management got rid off the above stocks
Current Stock Holdings of Suncoast Equity Management
Last Reported on: 30 Jan, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| A | AGILENT TECHNOLOGIES INC | 0.05 | 2,630 | 365,649 | REDUCED | -3.13 | |
| AAPL | APPLE INC | 7.58 | 298,046 | 57,382,700 | ADDED | 1.09 | |
| ABC | CENCORA INC | 0.63 | 23,376 | 4,800,960 | ADDED | 4.63 | |
| ACN | ACCENTURE PLC IRELAND | 5.89 | 127,048 | 44,582,300 | ADDED | 1.33 | |
| ADBE | ADOBE INC | 5.42 | 68,800 | 41,046,100 | ADDED | 0.67 | |
| ADP | AUTOMATIC DATA PROCESSING IN | 2.98 | 97,016 | 22,601,700 | ADDED | 0.8 | |
| AGG | ISHARES TR | 0.27 | 6,780 | 2,055,490 | UNCHANGED | 0.00 | |
| AGG | ISHARES TR | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| AMZN | AMAZON COM INC | 0.06 | 2,935 | 445,944 | ADDED | 20.68 | |
| BKNG | BOOKING HOLDINGS INC | 5.18 | 11,065 | 39,249,900 | ADDED | 1.39 | |
| BR | BROADRIDGE FINL SOLUTIONS IN | 0.59 | 21,745 | 4,474,030 | ADDED | 2.38 | |
| BRKA | BERKSHIRE HATHAWAY INC DEL | 2.32 | 49,196 | 17,546,200 | ADDED | 1.47 | |
| BRO | BROWN & BROWN INC | 0.04 | 4,530 | 322,128 | NEW | ||
| CDW | CDW CORP | 0.06 | 1,838 | 417,814 | REDUCED | -1.45 | |
| CHKP | CHECK POINT SOFTWARE TECH LT | 0.04 | 2,175 | 332,318 | UNCHANGED | 0.00 | |
| CPRT | COPART INC | 0.15 | 23,840 | 1,168,160 | REDUCED | -3.44 | |
| CRM | SALESFORCE INC | 1.81 | 52,207 | 13,737,800 | NEW | ||
| CSCO | CISCO SYS INC | 0.18 | 26,778 | 1,352,830 | ADDED | 3.04 | |
| CTAS | CINTAS CORP | 0.19 | 2,405 | 1,449,400 | REDUCED | -0.62 | |
| DECK | DECKERS OUTDOOR CORP | 0.11 | 1,285 | 858,933 | REDUCED | -0.77 | |
| EPAM | EPAM SYS INC | 0.06 | 1,534 | 456,120 | ADDED | 0.99 | |
| ETN | EATON CORP PLC | 0.58 | 18,215 | 4,386,540 | ADDED | 28.58 | |
| EW | EDWARDS LIFESCIENCES CORP | 0.09 | 8,465 | 645,456 | ADDED | 0.18 | |
| FAST | FASTENAL CO | 0.09 | 10,290 | 666,483 | REDUCED | -2.51 | |
| FDX | FEDEX CORP | 0.08 | 2,490 | 629,927 | REDUCED | -12.32 | |
| FICO | FAIR ISAAC CORP | 0.18 | 1,175 | 1,367,710 | REDUCED | -1.01 | |
| FLT | FLEETCOR TECHNOLOGIES INC | 0.13 | 3,488 | 985,744 | REDUCED | -2.92 | |
| FTNT | FORTINET INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| G | GENPACT LIMITED | 0.05 | 10,675 | 370,529 | REDUCED | -1.02 | |
| GOOG | ALPHABET INC | 5.43 | 291,731 | 41,113,600 | REDUCED | -0.64 | |
| GOOG | ALPHABET INC | 2.45 | 133,046 | 18,585,200 | ADDED | 7.35 | |
| GWW | GRAINGER W W INC | 4.08 | 37,325 | 30,931,100 | ADDED | 0.94 | |
| HD | HOME DEPOT INC | 0.25 | 5,449 | 1,888,450 | REDUCED | -91.92 | |
| HSY | HERSHEY CO | 0.30 | 12,005 | 2,238,210 | ADDED | 3.69 | |
| HUBB | HUBBELL INC | 0.09 | 2,151 | 707,385 | REDUCED | -3.46 | |
| IDXX | IDEXX LABS INC | 0.09 | 1,182 | 656,069 | UNCHANGED | 0.00 | |
| INTU | INTUIT | 6.08 | 73,707 | 46,069,200 | ADDED | 0.72 | |
| ITT | ITT INC | 0.14 | 8,885 | 1,060,160 | ADDED | 14.13 | |
| JNJ | JOHNSON & JOHNSON | 0.04 | 1,895 | 297,100 | ADDED | 0.16 | |
| LLY | ELI LILLY & CO | 0.39 | 5,055 | 2,946,770 | ADDED | 2.91 | |
| MA | MASTERCARD INCORPORATED | 3.75 | 66,580 | 28,397,000 | ADDED | 0.57 | |
| MCD | MCDONALDS CORP | 0.20 | 5,043 | 1,495,180 | REDUCED | -4.18 | |
| MCK | MCKESSON CORP | 1.82 | 29,771 | 13,783,500 | NEW | ||
| MEDP | MEDPACE HLDGS INC | 0.05 | 1,343 | 411,670 | NEW | ||
| MMC | MARSH & MCLENNAN COS INC | 0.20 | 8,045 | 1,524,290 | NEW | ||
| MRK | MERCK & CO INC | 2.38 | 165,493 | 18,042,100 | ADDED | 1.15 | |
| MSA | MSA SAFETY INC | 0.10 | 4,395 | 742,008 | ADDED | 15.81 | |
| MSFT | MICROSOFT CORP | 8.82 | 177,701 | 66,822,800 | ADDED | 1.4 | |
| MTD | METTLER TOLEDO INTERNATIONAL | 0.06 | 402 | 487,610 | ADDED | 3.34 | |
| NICE | NICE LTD | 0.09 | 3,215 | 641,425 | ADDED | 36.52 | |
| NKE | NIKE INC | 2.38 | 165,772 | 17,997,900 | ADDED | 0.46 | |
| NVDA | NVIDIA CORPORATION | 3.63 | 55,535 | 27,502,100 | ADDED | 0.8 | |
| NWBI | NORTHWEST BANCSHARES INC MD | 0.06 | 38,859 | 484,960 | UNCHANGED | 0.00 | |
| PEP | PEPSICO INC | 0.27 | 12,147 | 2,063,070 | ADDED | 3.19 | |
| PLUG | PLUG POWER INC | 0.01 | 17,000 | 76,500 | UNCHANGED | 0.00 | |
| POOL | POOL CORP | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| QQQ | INVESCO QQQ TR | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| ROP | ROPER TECHNOLOGIES INC | 0.09 | 1,190 | 648,760 | REDUCED | -1.08 | |
| SHW | SHERWIN WILLIAMS CO | 0.46 | 11,061 | 3,449,930 | ADDED | 3.73 | |
| SOFI | SOFI TECHNOLOGIES INC | 0.02 | 12,000 | 119,400 | UNCHANGED | 0.00 | |
| SPY | SPDR S&P 500 ETF TR | 0.20 | 3,158 | 1,501,010 | ADDED | 10.57 | |
| STE | STERIS PLC | 0.08 | 2,765 | 607,885 | REDUCED | -1.07 | |
| SYK | STRYKER CORPORATION | 4.78 | 120,886 | 36,200,400 | ADDED | 1.06 | |
| TJX | TJX COS INC NEW | 0.32 | 25,495 | 2,391,660 | ADDED | 5.29 | |
| TSCO | TRACTOR SUPPLY CO | 2.26 | 79,761 | 17,151,000 | REDUCED | -4.28 | |
| TSLA | TESLA INC | 0.04 | 1,297 | 322,279 | REDUCED | -1.59 | |
| TXN | TEXAS INSTRS INC | 0.05 | 2,048 | 349,102 | REDUCED | -3.89 | |
| UNH | UNITEDHEALTH GROUP INC | 4.35 | 62,530 | 32,920,000 | ADDED | 1.4 | |
| UPS | UNITED PARCEL SERVICE INC | 0.06 | 2,652 | 416,974 | UNCHANGED | 0.00 | |
| V | VISA INC | 5.35 | 155,778 | 40,556,900 | ADDED | 1.11 | |
| VEEV | VEEVA SYS INC | 0.07 | 2,950 | 567,934 | REDUCED | -0.44 | |
| VIG | VANGUARD SPECIALIZED FUNDS | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| VOO | VANGUARD INDEX FDS | 0.04 | 611 | 267,047 | REDUCED | -13.21 | |
| FISERV INC | 3.83 | 218,186 | 28,983,800 | ADDED | 1.15 | ||
| DNP SELECT INCOME FD INC | 0.03 | 25,116 | 212,981 | UNCHANGED | 0.00 | ||
| WESTERN ASSET HIGH INCOME OP | 0.01 | 30,134 | 116,317 | UNCHANGED | 0.00 | ||
| TEMPLETON GLOBAL INCOME FD | 0.00 | 10,286 | 38,985 | UNCHANGED | 0.00 | ||
| NUVEEN VIRGINIA QLTY MUNCPL | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 |