Latest Agate Pass Investment Management, LLC Stock Portfolio

$187Million– No. of Holdings #94

Agate Pass Investment Management, LLC Performance:

2024 Q2: 0.07%YTD: 5.53%2023: 9.37%

Performance for 2024 Q2 is 0.07%, and YTD is 5.53%, and 2023 is 9.37%.

About Agate Pass Investment Management, LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Agate Pass Investment Management, LLC reported an equity portfolio of $188 Millions as of 30 Jun, 2024.

The top stock holdings of Agate Pass Investment Management, LLC are ABBV, MSFT, VOO. The fund has invested 5.5% of it's portfolio in ABBVIE INC and 5.4% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off CVS HEALTH CORP (CVS), BRISTOL-MYERS SQUIBB CO (BMY) and GRAINGER W W INC (GWW) stocks. They significantly reduced their stock positions in LEGGETT & PLATT INC (LEG), J P MORGAN EXCHANGE TRADED F (BBAX) and SONOCO PRODS CO (SON). Agate Pass Investment Management, LLC opened new stock positions in FS BANCORP INC (FSBW) and SELECT SECTOR SPDR TR (XLB). The fund showed a lot of confidence in some stocks as they added substantially to UNITEDHEALTH GROUP INC (UNH), SELECT SECTOR SPDR TR (XLB) and VANGUARD SPECIALIZED FUNDS (VIG).

Agate Pass Investment Management, LLC Equity Portfolio Value

Last Reported on: 16 Jul, 2024

Agate Pass Investment Management, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Agate Pass Investment Management, LLC made a return of 0.07% in the last quarter. In trailing 12 months, it's portfolio return was 9.33%.

New Buys

Ticker	$ Bought
fs bancorp inc	381,996
select sector spdr tr	232,742

New stocks bought by Agate Pass Investment Management, LLC

Additions

Ticker	% Inc.
unitedhealth group inc	190
select sector spdr tr	46.78
vanguard specialized funds	21.21
vanguard index fds	19.26
blackrock inc	15.96
vanguard index fds	11.38
berkshire hathaway inc del	11.09
vanguard scottsdale fds	10.6

Additions to existing portfolio by Agate Pass Investment Management, LLC

Reductions

Ticker	% Reduced
leggett & platt inc	-57.78
j p morgan exchange traded f	-14.9
sonoco prods co	-10.42
hess corp	-9.13
aflac inc	-8.45
american express co	-8.1
resmed inc	-7.47
duke energy corp new	-7.09

Agate Pass Investment Management, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
bristol-myers squibb co	-216,920
cvs health corp	-238,642
grainger w w inc	-214,650

Agate Pass Investment Management, LLC got rid off the above stocks

Sector Distribution

Agate Pass Investment Management, LLC has about 36% of it's holdings in Others sector.

Sector	%
Others	36
Technology	15.6
Healthcare	14.8
Financial Services	7.1
Communication Services	6
Industrials	5.4
Consumer Cyclical	4.8
Consumer Defensive	4.2
Energy	2.9
Basic Materials	1.6
Real Estate	1.1

Market Cap. Distribution

Agate Pass Investment Management, LLC has about 63.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	36
MEGA-CAP	35.7
LARGE-CAP	27.6

Stocks belong to which Index?

About 61.8% of the stocks held by Agate Pass Investment Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	61.8
Others	37.7

Top 5 Winners (%)		%
AAPL	apple inc	22.6 %
GOOG	alphabet inc	20.7 %
GOOG	alphabet inc	20.5 %
COST	costco whsl corp new	15.6 %
AMAT	applied matls inc	14.4 %

Top 5 Winners ($)		$
AAPL	apple inc	1.8 M
GOOG	alphabet inc	1.5 M
MSFT	microsoft corp	0.6 M
ORCL	oracle corp	0.3 M
COST	costco whsl corp new	0.3 M

Top 5 Losers (%)		%
LEG	leggett & platt inc	-37.0 %
NKE	nike inc	-19.7 %
DIS	disney walt co	-18.1 %
SHW	sherwin williams co	-14.1 %
SBUX	starbucks corp	-13.9 %

Top 5 Losers ($)		$
ABT	abbott labs	-0.7 M
ABBV	abbvie inc	-0.6 M
LOW	lowes cos inc	-0.5 M
HUBB	hubbell inc	-0.4 M
GPC	genuine parts co	-0.3 M

Agate Pass Investment Management, LLC Holdings Map

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

Current Stock Holdings of Agate Pass Investment Management, LLC

Agate Pass Investment Management, LLC has 94 stocks in it's portfolio. About 41.3% of the portfolio is in top 10 stocks. ABT proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Agate Pass Investment Management, LLC last quarter.

Last Reported on: 16 Jul, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	5.16	46,018	9,692,330	added	1.78

AAXJ	ishares tr	2.18	79,831	4,090,540	reduced	-4.14

AAXJ	ishares tr	1.72	63,062	3,232,560	added	2.19

AAXJ	ishares tr	0.16	2,948	308,213	unchanged	0.00

ABBV	abbvie inc	5.48	60,032	10,296,700	added	0.1

ABT	abbott labs	3.91	70,816	7,358,470	reduced	-0.22

ACWF	ishares tr	2.75	102,355	5,171,970	added	9.99

ADP	automatic data processing in	1.48	11,627	2,775,330	added	0.82

AFL	aflac inc	0.67	14,037	1,253,640	reduced	-8.45

AGG	ishares tr	0.51	1,757	961,483	added	4.4

AGG	ishares tr	0.32	2,958	600,194	reduced	-4.05

AMAT	applied matls inc	0.77	6,100	1,439,540	added	1.84

AMGN	amgen inc	0.64	3,830	1,196,680	reduced	-1.03

AMPS	ishares tr	0.27	5,964	500,777	unchanged	0.00

AMT	american tower corp new	0.16	1,566	304,399	reduced	-1.57

AMZN	amazon com inc	0.59	5,737	1,108,680	added	8.18

APD	air prods & chems inc	0.92	6,737	1,738,480	added	6.56

AXP	american express co	0.25	2,008	464,916	reduced	-8.1

BALL	ball corp	0.13	4,076	244,642	unchanged	0.00

BBAX	j p morgan exchange traded f	0.17	6,284	317,153	reduced	-14.9