Latest Drexel Morgan & Co. Stock Portfolio
$466Million– No. of Holdings #53
Drexel Morgan & Co. Performance:
2024 Q2: -6.29%YTD: -1.42%2023: 5.16%
Performance for 2024 Q2 is -6.29%, and YTD is -1.42%, and 2023 is 5.16%.
About Drexel Morgan & Co. and 13F Hedge Fund Stock Holdings
Drexel Morgan & Co. is a hedge fund based in RADNOR, PA. On 19-Apr-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $381.8 Millions. In it's latest 13F Holdings report, Drexel Morgan & Co. reported an equity portfolio of $466.5 Millions as of 30 Jun, 2024.
The top stock holdings of Drexel Morgan & Co. are T, CLF, WBD. The fund has invested 21% of it's portfolio in AT&T INC and 10.2% of portfolio in CLEVELAND-CLIFFS INC.
The fund managers got completely rid off KYNDRYL HOLDINGS INC (KD) stocks. They significantly reduced their stock positions in 3M COMPANY (MMM) and UNILEVER PLC SPONSORED ADR. Drexel Morgan & Co. opened new stock positions in ALPHABET INC - CL A (GOOG) and NVIDIA CORP (NVDA). The fund showed a lot of confidence in some stocks as they added substantially to INVESCO S&P 500 EQUAL WEIGHT ETF (CSD), CVS HEALTH CORPORATION (CVS) and CHEVRON CORPORATION (CVX).
The top stock holdings of Drexel Morgan & Co. are T, CLF, WBD. The fund has invested 21% of it's portfolio in AT&T INC and 10.2% of portfolio in CLEVELAND-CLIFFS INC.
The fund managers got completely rid off KYNDRYL HOLDINGS INC (KD) stocks. They significantly reduced their stock positions in 3M COMPANY (MMM) and UNILEVER PLC SPONSORED ADR. Drexel Morgan & Co. opened new stock positions in ALPHABET INC - CL A (GOOG) and NVIDIA CORP (NVDA). The fund showed a lot of confidence in some stocks as they added substantially to INVESCO S&P 500 EQUAL WEIGHT ETF (CSD), CVS HEALTH CORPORATION (CVS) and CHEVRON CORPORATION (CVX).
Drexel Morgan & Co. Equity Portfolio Value
Last Reported on: 12 Aug, 2024
Drexel Morgan & Co. Annual Return Estimates Vs S&P 500
Our best estimate is that Drexel Morgan & Co. made a return of -6.29% in the last quarter. In trailing 12 months, it's portfolio return was 3.97%.
New Buys
| Ticker | $ Bought |
|---|---|
| alphabet inc - cl a | 276,868 |
| nvidia corp | 222,372 |
New stocks bought by Drexel Morgan & Co.
Additions
| Ticker | % Inc. |
|---|---|
| invesco s&p 500 equal weight etf | 395 |
| cvs health corporation | 99.64 |
| chevron corporation | 36.99 |
| amazon.com inc | 24.44 |
| abbvie inc. | 18.09 |
| union pacific corp | 8.39 |
| deere & co. | 7.59 |
| disney walt productions | 6.03 |
Additions to existing portfolio by Drexel Morgan & Co.
Reductions
| Ticker | % Reduced |
|---|---|
| 3m company | -8.47 |
| unilever plc sponsored adr | -1.1 |
Drexel Morgan & Co. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| kyndryl holdings inc | -565,412 |
Drexel Morgan & Co. got rid off the above stocks
Sector Distribution
Drexel Morgan & Co. has about 28.8% of it's holdings in Communication Services sector.
| Sector | % |
|---|---|
| Communication Services | 28.8 |
| Healthcare | 11.7 |
| Basic Materials | 10.4 |
| Technology | 10.1 |
| Financial Services | 9.5 |
| Consumer Defensive | 8 |
| Industrials | 7 |
| Energy | 5.3 |
| Consumer Cyclical | 5.3 |
| Others | 3.8 |
Market Cap. Distribution
Drexel Morgan & Co. has about 85% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 57.6 |
| MEGA-CAP | 27.4 |
| MID-CAP | 10.2 |
| UNALLOCATED | 3.8 |
Stocks belong to which Index?
About 85% of the stocks held by Drexel Morgan & Co. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 85 |
| Others | 14 |
Drexel Morgan & Co. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Drexel Morgan & Co.
Drexel Morgan & Co. has 53 stocks in it's portfolio. About 72.9% of the portfolio is in top 10 stocks. CLF proved to be the most loss making stock for the portfolio. T was the most profitable stock for Drexel Morgan & Co. last quarter.
Last Reported on: 12 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 2.00 | 44,296 | 9,329,620 | added | 0.44 | ||
| ABBV | abbvie inc. | 0.07 | 1,900 | 325,888 | added | 18.09 | ||
| ABT | abbott labs | 0.76 | 34,181 | 3,551,750 | added | 1.63 | ||
| AMGN | amgen inc | 0.05 | 750 | 234,338 | unchanged | 0.00 | ||
| AMZN | amazon.com inc | 0.06 | 1,400 | 270,550 | added | 24.44 | ||
| AXP | american express co | 3.52 | 70,918 | 16,421,100 | unchanged | 0.00 | ||
| CARR | carrier global corp | 0.12 | 8,578 | 541,100 | unchanged | 0.00 | ||
| CAT | caterpillar inc | 1.99 | 27,886 | 9,288,830 | unchanged | 0.00 | ||
| CL | colgate-palmolive co | 0.60 | 28,820 | 2,796,690 | unchanged | 0.00 | ||
| CLF | cleveland-cliffs inc | 10.17 | 3,084,000 | 47,462,700 | added | 3.26 | ||
| CSD | invesco s&p 500 equal weight etf | 0.21 | 5,950 | 977,466 | added | 395 | ||
| CVS | cvs health corporation | 2.53 | 200,165 | 11,821,700 | added | 99.64 | ||
| CVX | chevron corporation | 0.12 | 3,500 | 547,470 | added | 36.99 | ||
| DD | dupont de nemours inc | 0.28 | 16,012 | 1,288,810 | added | 1.85 | ||
| DE | deere & co. | 2.25 | 28,065 | 10,485,900 | added | 7.59 | ||
| DIA | spdr dow jones industrial average etf | 0.17 | 2,000 | 782,260 | unchanged | 0.00 | ||
| DIS | disney walt productions | 0.37 | 17,586 | 1,746,110 | added | 6.03 | ||
| EMR | emerson electric co | 0.71 | 29,904 | 3,294,220 | unchanged | 0.00 | ||
| F | ford motor co | 4.30 | 1,600,000 | 20,064,000 | unchanged | 0.00 | ||
| GOOG | alphabet inc - cl a | 0.06 | 1,520 | 276,868 | new | |||