Latest Verity & Verity, LLC Stock Portfolio

$875Million– No. of Holdings #113

Verity & Verity, LLC Performance:

2024 Q2: 0.15%YTD: 6.45%2023: 3.33%

Performance for 2024 Q2 is 0.15%, and YTD is 6.45%, and 2023 is 3.33%.

About Verity & Verity, LLC and 13F Hedge Fund Stock Holdings

Verity & Verity, LLC is a hedge fund based in BEAUFORT, SC. On 18-Sep-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $840.1 Millions. In it's latest 13F Holdings report, Verity & Verity, LLC reported an equity portfolio of $875.2 Millions as of 30 Jun, 2024.

The top stock holdings of Verity & Verity, LLC are AVGO, MSFT, ABBV. The fund has invested 5% of it's portfolio in BROADCOM INC and 3.3% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off ISHARES TR (IJR), SCHWAB STRATEGIC TR (FNDA) and L3HARRIS TECHNOLOGIES INC (LHX) stocks. They significantly reduced their stock positions in DIGITAL RLTY TR INC (DLR), SCHWAB STRATEGIC TR (FNDA) and BROADCOM INC (AVGO). Verity & Verity, LLC opened new stock positions in NASDAQ INC (NDAQ), AUTOMATIC DATA PROCESSING IN (ADP) and SYSCO CORP (SYY). The fund showed a lot of confidence in some stocks as they added substantially to BERKSHIRE HATHAWAY INC DEL, DISCOVER FINL SVCS (DFS) and KLA CORP (KLAC).

Verity & Verity, LLC Equity Portfolio Value

Last Reported on: 16 Sep, 2024

Verity & Verity, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Verity & Verity, LLC made a return of 0.15% in the last quarter. In trailing 12 months, it's portfolio return was 11.33%.

New Buys

Ticker	$ Bought
nasdaq inc	418,024
automatic data processing in	386,200
sysco corp	378,153
consolidated edison inc	364,029
caterpillar inc	329,769
factset resh sys inc	306,611
ishares tr	261,576
kenvue inc	248,302

New stocks bought by Verity & Verity, LLC

Additions

Ticker	% Inc.
berkshire hathaway inc del	729
discover finl svcs	152
kla corp	106
unitedhealth group inc	105
walmart inc	46.62
bank america corp	45.97
comcast corp new	20.41
nnn reit inc	18.91

Additions to existing portfolio by Verity & Verity, LLC

Reductions

Ticker	% Reduced
digital rlty tr inc	-75.11
schwab strategic tr	-40.22
broadcom inc	-14.97
philip morris intl inc	-11.94
roper technologies inc	-11.85
nvidia corporation	-8.54
illinois tool wks inc	-7.65
costco whsl corp new	-6.08

Verity & Verity, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
schwab strategic tr	-1,271,940
ishares tr	-732,450
ishares tr	-1,596,950
schwab strategic tr	-278,784
schwab strategic tr	-331,567
ishares tr	-290,925
l3harris technologies inc	-280,227
sherwin williams co	-224,028

Verity & Verity, LLC got rid off the above stocks

Sector Distribution

Verity & Verity, LLC has about 23.4% of it's holdings in Technology sector.

Sector	%
Technology	23.4
Financial Services	14.7
Healthcare	14.5
Energy	10.2
Consumer Defensive	8.7
Industrials	8.2
Utilities	5.8
Others	4.2
Consumer Cyclical	4.1
Real Estate	3.4
Communication Services	1.4
Basic Materials	1.4

Market Cap. Distribution

Verity & Verity, LLC has about 92.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	64.5
MEGA-CAP	27.6
UNALLOCATED	4.2
MID-CAP	3.6

Stocks belong to which Index?

About 89.7% of the stocks held by Verity & Verity, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	89.7
Others	10.3

Top 5 Winners (%)		%
NVDA	nvidia corporation	33.3 %
AAPL	apple inc	22.5 %
GOOG	alphabet inc	20.5 %
AVGO	broadcom inc	18.2 %
GLW	corning inc	17.8 %

Top 5 Winners ($)		$
AVGO	broadcom inc	7.7 M
AAPL	apple inc	4.5 M
GLW	corning inc	3.6 M
AMGN	amgen inc	2.3 M
QCOM	qualcomm inc	2.3 M

Top 5 Losers (%)		%
MSM	msc indl direct inc	-17.8 %
TGT	target corp	-15.7 %
SBUX	starbucks corp	-14.4 %
PSX	phillips 66	-13.2 %
LOW	lowes cos inc	-13.2 %

Top 5 Losers ($)		$
TGT	target corp	-2.9 M
SBUX	starbucks corp	-1.7 M
IBM	international business machs	-1.7 M
ABBV	abbvie inc	-1.6 M
GPC	genuine parts co	-1.5 M

Verity & Verity, LLC Holdings Map

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

Current Stock Holdings of Verity & Verity, LLC

Verity & Verity, LLC has 113 stocks in it's portfolio. About 30.7% of the portfolio is in top 10 stocks. TGT proved to be the most loss making stock for the portfolio. AVGO was the most profitable stock for Verity & Verity, LLC last quarter.

Last Reported on: 16 Sep, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	2.79	115,785	24,386,600	added	3.48

AAXJ	ishares tr	0.00	0.00	0.00	sold off	-100

ABBV	abbvie inc	3.02	154,069	26,425,900	added	2.05

ABT	abbott labs	0.60	50,912	5,290,270	reduced	-0.21

ACN	accenture plc ireland	0.18	5,216	1,582,590	added	8.01

ADM	archer daniels midland co	1.04	150,504	9,097,970	added	1.96

ADP	automatic data processing in	0.04	1,618	386,200	new

AFG	american finl group inc ohio	0.15	10,457	1,286,420	unchanged	0.00

AGNG	global x fds	0.18	30,617	1,563,000	reduced	-2.14

AJG	gallagher arthur j co	1.17	39,358	10,205,900	reduced	-0.34

AMGN	amgen inc	2.94	82,368	25,735,900	added	2.72

AMP	ameriprise finl inc	1.07	22,020	9,406,720	added	5.91

AMZN	amazon com inc	0.03	1,274	246,201	added	1.76

AVGO	broadcom inc	5.00	272,640	43,773,200	reduced	-14.97

AXP	american express co	0.05	1,874	433,925	unchanged	0.00

BAC	bank america corp	0.10	21,554	857,212	added	45.97

BDX	becton dickinson co	0.39	14,653	3,424,550	added	4.65

CAH	cardinal health inc	0.03	2,426	238,524	new

CAT	caterpillar inc	0.04	990	329,769	new

CCI	crown castle inc	1.03	92,472	9,034,540	reduced	-3.34