Latest Patten Group, Inc. Stock Portfolio

$423Million– No. of Holdings #243

Patten Group, Inc. Performance:

2024 Q2: 3.62%YTD: 10.84%2023: 13.96%

Performance for 2024 Q2 is 3.62%, and YTD is 10.84%, and 2023 is 13.96%.

About Patten Group, Inc. and 13F Hedge Fund Stock Holdings

Patten Group, Inc. is a hedge fund based in CHATTANOOGA, TN. On 05-Apr-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $450.5 Millions. In it's latest 13F Holdings report, Patten Group, Inc. reported an equity portfolio of $423.9 Millions as of 30 Jun, 2024.

The top stock holdings of Patten Group, Inc. are NVDA, MSFT, AAPL. The fund has invested 7.3% of it's portfolio in NVIDIA CORPORATION and 4.6% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off BANK MONTREAL QUE (BMO), STARBUCKS CORP (SBUX) and LAUDER ESTEE COS INC (EL) stocks. They significantly reduced their stock positions in ISHARES TR (BGRN), AMERICAN EXPRESS CO (AXP) and KENVUE INC. Patten Group, Inc. opened new stock positions in LIBERTY ALL STAR EQUITY FD, MID-AMER APT CMNTYS INC (MAA) and GROCERY OUTLET HLDG CORP (GO). The fund showed a lot of confidence in some stocks as they added substantially to J P MORGAN EXCHANGE TRADED F (BBAX), GE HEALTHCARE TECHNOLOGIES I and ISHARES TR (AGG).

Patten Group, Inc. Equity Portfolio Value

Last Reported on: 25 Jul, 2024

Patten Group, Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that Patten Group, Inc. made a return of 3.62% in the last quarter. In trailing 12 months, it's portfolio return was 14.63%.

New Buys

Ticker	$ Bought
liberty all star equity fd	794,424
calamos conv opportunities &	676,028
mid-amer apt cmntys inc	669,554
grocery outlet hldg corp	548,266
ishares tr	542,014
ishares tr	285,211
ishares tr	226,964
philip morris intl inc	213,300

New stocks bought by Patten Group, Inc.

Additions

Ticker	% Inc.
j p morgan exchange traded f	74.21
ge healthcare technologies i	58.08
ishares tr	54.36
ssga active etf tr	50.21
ishares silver tr	45.42
j p morgan exchange traded f	44.11
crowdstrike hldgs inc	33.46
first tr exch traded fd iii	24.44

Additions to existing portfolio by Patten Group, Inc.

Reductions

Ticker	% Reduced
ishares tr	-58.76
american express co	-33.83
kenvue inc	-32.08
ishares tr	-27.72
vanguard bd index fds	-27.03
global x fds	-23.63
nuveen s&p 500 buy-write inc	-22.46
five below inc	-18.53

Patten Group, Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
ishares gold tr	-210,764
bank montreal que	-437,997
starbucks corp	-308,167
lauder estee cos inc	-273,154
united parcel service inc	-256,833
laboratory corp amer hldgs	-235,500

Patten Group, Inc. got rid off the above stocks

Sector Distribution

Patten Group, Inc. has about 35.5% of it's holdings in Others sector.

Sector	%
Others	35.5
Technology	22.4
Consumer Defensive	7.9
Industrials	7.4
Financial Services	6.7
Healthcare	5.5
Energy	3.6
Communication Services	3
Consumer Cyclical	2.9
Basic Materials	2.5
Utilities	2.1

Market Cap. Distribution

Patten Group, Inc. has about 62.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	35.5
MEGA-CAP	35.4
LARGE-CAP	27.3
MID-CAP	1.3

Stocks belong to which Index?

About 61.5% of the stocks held by Patten Group, Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	61.5
Others	37.5

Top 5 Winners (%)		%
NVDA	nvidia corporation	35.3 %
AAPL	apple inc	22.4 %
AVGO	broadcom inc	21.1 %
GOOG	alphabet inc	20.7 %
GOOG	alphabet inc	20.4 %

Top 5 Winners ($)		$
NVDA	nvidia corporation	8.3 M
AAPL	apple inc	3.2 M
MSFT	microsoft corp	1.2 M
AVGO	broadcom inc	1.0 M
GOOG	alphabet inc	0.8 M

Top 5 Losers (%)		%
WBA	walgreens boots alliance inc	-43.7 %
FIVE	five below inc	-36.9 %
INTC	intel corp	-29.9 %
WY	weyerhaeuser co mtn be	-19.9 %
NKE	nike inc	-19.7 %

Top 5 Losers ($)		$
V	visa inc	-0.7 M
IDXX	idexx labs inc	-0.4 M
NSC	norfolk southn corp	-0.3 M
JNJ	johnson & johnson	-0.3 M
LOW	lowes cos inc	-0.3 M

Patten Group, Inc. Holdings Map

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

Current Stock Holdings of Patten Group, Inc.

Patten Group, Inc. has 243 stocks in it's portfolio. About 30.5% of the portfolio is in top 10 stocks. V proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for Patten Group, Inc. last quarter.

Last Reported on: 25 Jul, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	4.06	81,722	17,212,400	reduced	-3.00

AAXJ	ishares tr	0.82	33,328	3,484,440	reduced	-4.8

AAXJ	ishares tr	0.70	29,015	2,968,200	added	4.97

AAXJ	ishares tr	0.46	18,393	1,959,770	added	0.94

AAXJ	ishares tr	0.39	16,000	1,659,700	reduced	-1.46

AAXJ	ishares tr	0.27	21,736	1,152,880	reduced	-1.16

AAXJ	ishares tr	0.16	6,008	675,299	unchanged	0.00

AAXJ	ishares tr	0.09	3,978	365,220	reduced	-9.16

AAXJ	ishares tr	0.07	6,071	311,078	unchanged	0.00

AAXJ	ishares tr	0.07	2,470	285,211	new

ABBV	abbvie inc	0.07	1,731	296,901	unchanged	0.00

ABT	abbott labs	0.18	7,322	760,829	reduced	-3.39

ACN	accenture plc ireland	0.22	3,075	932,986	added	18.04

ACSG	dbx etf tr	0.22	22,981	952,333	added	1.03

ACTX	global x fds	0.14	33,953	599,950	added	18.36

ACTX	global x fds	0.12	14,382	516,314	reduced	-23.63

ACWF	ishares tr	0.10	2,398	439,472	added	0.71

ACWV	ishares inc	0.09	5,703	376,911	added	7.18

ADBE	adobe inc	0.68	5,209	2,893,820	reduced	-11.28

ADSK	autodesk inc	0.35	5,953	1,473,070	reduced	-3.81