Latest Spears Abacus Advisors LLC Stock Portfolio

$4.84Billion– No. of Holdings #382

Spears Abacus Advisors LLC Performance:

2024 Q1: 5.76%YTD: 5.76%2023: 19.23%

Performance for 2024 Q1 is 5.76%, and YTD is 5.76%, and 2023 is 19.23%.

About Spears Abacus Advisors LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Spears Abacus Advisors LLC reported an equity portfolio of $4.8 Billions as of 31 Mar, 2024.

The top stock holdings of Spears Abacus Advisors LLC are MSFT, GOOG, . The fund has invested 7.5% of it's portfolio in MICROSOFT CORP and 3.7% of portfolio in ALPHABET INC.

The fund managers got completely rid off CHECK POINT SOFTWARE TECH LT (CHKP), MATCH GROUP INC NEW (MTCH) and MSCI INC (MSCI) stocks. They significantly reduced their stock positions in HERSHEY CO (HSY), VERALTO CORP and ISHARES TR (ACWF). Spears Abacus Advisors LLC opened new stock positions in VERTIV HOLDINGS CO (VRT), SUPER MICRO COMPUTER INC (SMCI) and CHESAPEAKE ENERGY CORP (CHK). The fund showed a lot of confidence in some stocks as they added substantially to LOWES COS INC (LOW), BROOKFIELD CORP and COLGATE PALMOLIVE CO (CL).

Spears Abacus Advisors LLC Equity Portfolio Value

Last Reported on: 10 May, 2024

Spears Abacus Advisors LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Cannell & Spears LLC made a return of 5.76% in the last quarter. In trailing 12 months, it's portfolio return was 19%.

New Buys

Ticker	$ Bought
vertiv holdings co	85,339,000
super micro computer inc	77,087,500
chesapeake energy corp	70,667,700
crh plc	68,061,000
uber technologies inc	66,193,100
pinterest inc	62,715,700
constellium se	59,764,500
white mtns ins group ltd	54,251,700

New stocks bought by Spears Abacus Advisors LLC

Additions

Ticker	% Inc.
lowes cos inc	13,028
brookfield corp	9,937
colgate palmolive co	9,320
amazon com inc	8,928
laboratory corp amer hldgs	6,689
abbott labs	6,622
sysco corp	6,128
general electric co	5,413

Additions to existing portfolio by Spears Abacus Advisors LLC

Reductions

Ticker	% Reduced
hershey co	-79.63
veralto corp	-67.84
ishares tr	-61.62
centene corp del	-49.98
lauder estee cos inc	-34.62
citigroup inc	-34.1
ares capital corp	-24.32
bjs whsl club hldgs inc	-21.41

Spears Abacus Advisors LLC reduced stake in above stock

Sold off

Ticker	$ Sold
match group inc new	-1,635,200
graphic packaging hldg co	-674,227
check point software tech lt	-3,062,520
sapiens intl corp n v	-418,704
inmode ltd	-230,673
community healthcare tr inc	-206,194
oneok inc new	-355,594
ishares tr	-246,643

Spears Abacus Advisors LLC got rid off the above stocks

Sector Distribution

Cannell & Spears LLC has about 22.8% of it's holdings in Technology sector.

Sector	%
Technology	22.8
Others	15.1
Consumer Cyclical	13.2
Healthcare	11.8
Industrials	10.6
Financial Services	8.8
Communication Services	8.4
Consumer Defensive	4.5
Energy	3.1

Market Cap. Distribution

Cannell & Spears LLC has about 76.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	47.2
MEGA-CAP	29.7
UNALLOCATED	15.1
MID-CAP	6.7

Stocks belong to which Index?

About 0% of the stocks held by Cannell & Spears LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	100

Top 5 Winners (%)		%
MNDY	monday com ltd
YTEN	yield10 bioscience inc	58.3 %
PSTG	pure storage inc	44.3 %
IBP	installed bldg prods inc	41.5 %
NVDA	nvidia corporation	38.3 %

Top 5 Winners ($)		$
MSFT	microsoft corp	20.8 M
VRT	vertiv holdings co	19.5 M
SMCI	super micro computer inc	15.8 M
GOOG	alphabet inc	11.2 M
GM	general mtrs co	10.7 M

Top 5 Losers (%)		%
TWKS	thoughtworks holding inc	-45.5 %
AGG	ishares tr	-42.9 %
OSA	prosomnus inc	-42.0 %
COMM	commscope hldg co inc	-39.9 %
NYCB	new york cmnty bancorp inc	-34.3 %

Top 5 Losers ($)		$
AAPL	apple inc	-14.3 M
ADBE	adobe inc	-7.8 M
CCK	crown hldgs inc	-4.0 M
PINS	pinterest inc	-3.1 M
BERY	berry global group inc	-2.4 M

Spears Abacus Advisors LLC Holdings Map

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

Current Stock Holdings of Spears Abacus Advisors LLC

Cannell & Spears LLC has 382 stocks in it's portfolio. About 28.7% of the portfolio is in top 10 stocks. AAPL proved to be the most loss making stock for the portfolio. MSFT was the most profitable stock for Cannell & Spears LLC last quarter.

Last Reported on: 10 May, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.00	1,703	247,804	unchanged	0.00

AAP	advance auto parts inc	0.06	36,818	3,132,840	new

AAPL	apple inc	3.17	893,754	153,261,000	added	96.53

AAXJ	ishares tr	0.00	0.00	0.00	sold off	-100

ABBV	abbvie inc	1.02	272,023	49,535,400	added	3,722

ABT	abbott labs	0.84	355,241	40,376,700	added	6,622

ACN	accenture plc ireland	0.02	3,014	1,044,680	reduced	-0.13

ACWF	ishares tr	0.01	10,705	541,245	reduced	-61.62

ADBE	adobe inc	1.03	98,747	49,827,700	added	65.46

ADI	analog devices inc	1.51	370,436	73,268,500	added	324

ADP	automatic data processing in	0.47	91,297	22,800,500	added	702

AEM	agnico eagle mines ltd	1.09	881,542	52,584,000	new

AEP	american elec pwr co inc	0.01	3,900	335,790	reduced	-10.34

AFK	vaneck etf trust	0.01	9,125	353,503	new

AFL	aflac inc	0.22	123,751	10,625,300	new

AGG	ishares tr	0.16	26,005	7,490,220	unchanged	0.00

AGG	ishares tr	0.05	6,612	2,228,580	added	13.28

AGG	ishares tr	0.03	7,913	1,664,100	added	5.53

AGG	ishares tr	0.03	9,988	1,370,550	unchanged	0.00

AGG	ishares tr	0.02	1,850	972,600	unchanged	0.00