Latest Jessup Wealth Management, Inc Stock Portfolio
$233Million– No. of Holdings #59
Jessup Wealth Management, Inc Performance:
2024 Q1: 10.27%YTD: 10.27%2023: 33.87%
Performance for 2024 Q1 is 10.27%, and YTD is 10.27%, and 2023 is 33.87%.
About Jessup Wealth Management, Inc and 13F Hedge Fund Stock Holdings
Jessup Wealth Management, Inc is a hedge fund based in DAYTON, OH. On 21-Sep-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $210.4 Millions. In it's latest 13F Holdings report, Jessup Wealth Management, Inc reported an equity portfolio of $233.5 Millions as of 31 Mar, 2024.
The top stock holdings of Jessup Wealth Management, Inc are AMZN, AAPL, AMD. The fund has invested 11.1% of it's portfolio in AMAZON COM INC and 7.7% of portfolio in APPLE INC.
The fund managers got completely rid off TARGA RES CORP (TRGP), ARCHER DANIELS MIDLAND CO (ADM) and TESLA INC (TSLA) stocks. They significantly reduced their stock positions in CME GROUP INC (CME), JPMORGAN CHASE & CO (JPM) and ALPHABET INC (GOOG). Jessup Wealth Management, Inc opened new stock positions in CARLYLE GROUP INC (CG), BALL CORP (BALL) and MACERICH CO (MAC). The fund showed a lot of confidence in some stocks as they added substantially to QUALCOMM INC (QCOM), AMERICAN AIRLS GROUP INC (AAL) and PALO ALTO NETWORKS INC (PANW).
The top stock holdings of Jessup Wealth Management, Inc are AMZN, AAPL, AMD. The fund has invested 11.1% of it's portfolio in AMAZON COM INC and 7.7% of portfolio in APPLE INC.
The fund managers got completely rid off TARGA RES CORP (TRGP), ARCHER DANIELS MIDLAND CO (ADM) and TESLA INC (TSLA) stocks. They significantly reduced their stock positions in CME GROUP INC (CME), JPMORGAN CHASE & CO (JPM) and ALPHABET INC (GOOG). Jessup Wealth Management, Inc opened new stock positions in CARLYLE GROUP INC (CG), BALL CORP (BALL) and MACERICH CO (MAC). The fund showed a lot of confidence in some stocks as they added substantially to QUALCOMM INC (QCOM), AMERICAN AIRLS GROUP INC (AAL) and PALO ALTO NETWORKS INC (PANW).
Jessup Wealth Management, Inc Equity Portfolio Value
Last Reported on: 16 Apr, 2024
Jessup Wealth Management, Inc Annual Return Estimates Vs S&P 500
Our best estimate is that Jessup Wealth Management, Inc made a return of 10.27% in the last quarter. In trailing 12 months, it's portfolio return was 34.82%.
New Buys
| Ticker | $ Bought |
|---|---|
| carlyle group inc | 7,630,850 |
| ball corp | 7,479,380 |
| macerich co | 7,222,230 |
| spdr ser tr | 5,909,230 |
| invesco db commdy indx trck | 4,687,990 |
| valero energy corp | 4,504,340 |
| innovator etfs trust | 1,494,710 |
| ishares inc | 840,391 |
New stocks bought by Jessup Wealth Management, Inc
Additions
| Ticker | % Inc. |
|---|---|
| qualcomm inc | 2,766 |
| american airls group inc | 2,629 |
| palo alto networks inc | 19.6 |
| spdr ser tr | 12.8 |
| vanguard index fds | 12.32 |
| amazon com inc | 10.3 |
| select sector spdr tr | 6.52 |
| air transport services grp i | 6.11 |
Additions to existing portfolio by Jessup Wealth Management, Inc
Reductions
| Ticker | % Reduced |
|---|---|
| cme group inc | -74.27 |
| jpmorgan chase & co | -67.86 |
| alphabet inc | -60.19 |
| crowdstrike hldgs inc | -26.7 |
| micron technology inc | -26.07 |
| advanced micro devices inc | -25.57 |
| arhaus inc | -19.98 |
| marriott intl inc new | -18.59 |
Jessup Wealth Management, Inc reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| archer daniels midland co | -5,807,900 |
| targa res corp | -5,939,680 |
| upwork inc | -655,098 |
| tesla inc | -4,998,420 |
| keycorp | -215,341 |
| cisco sys inc | -697,162 |
| nike inc | -647,403 |
| ishares tr | -251,099 |
Jessup Wealth Management, Inc got rid off the above stocks
Sector Distribution
Jessup Wealth Management, Inc has about 32% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 32 |
| Others | 21.3 |
| Consumer Cyclical | 15.8 |
| Financial Services | 8.6 |
| Basic Materials | 4.9 |
| Consumer Defensive | 3.9 |
| Real Estate | 3.1 |
| Communication Services | 3 |
| Industrials | 2.9 |
| Healthcare | 2.5 |
| Energy | 1.9 |
Market Cap. Distribution
Jessup Wealth Management, Inc has about 72.1% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 43.8 |
| LARGE-CAP | 28.3 |
| UNALLOCATED | 21.2 |
| MID-CAP | 6.7 |
Stocks belong to which Index?
About 69.1% of the stocks held by Jessup Wealth Management, Inc either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 65.9 |
| Others | 30.9 |
| RUSSELL 2000 | 3.2 |
Jessup Wealth Management, Inc Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Jessup Wealth Management, Inc
Jessup Wealth Management, Inc has 59 stocks in it's portfolio. About 50.2% of the portfolio is in top 10 stocks. AAPL proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for Jessup Wealth Management, Inc last quarter.
Last Reported on: 16 Apr, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAL | american airls group inc | 2.31 | 350,775 | 5,384,400 | added | 2,629 | ||
| AAPL | apple inc | 7.71 | 104,964 | 17,999,200 | reduced | -6.19 | ||
| AAXJ | ishares tr | 0.11 | 2,345 | 259,240 | new | |||
| ABC | cencora inc | 0.14 | 1,375 | 334,167 | reduced | -8.52 | ||
| ACN | accenture plc ireland | 0.16 | 1,104 | 382,602 | new | |||
| ACWV | ishares inc | 0.36 | 26,469 | 840,391 | new | |||
| ADM | archer daniels midland co | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AGG | ishares tr | 3.85 | 42,772 | 8,994,990 | added | 5.54 | ||
| AGG | ishares tr | 0.10 | 2,499 | 244,772 | added | 0.32 | ||
| AGG | ishares tr | 0.10 | 2,197 | 239,298 | reduced | -1.39 | ||
| AGG | ishares tr | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AMAT | applied matls inc | 0.28 | 3,194 | 658,636 | reduced | -4.66 | ||
| AMD | advanced micro devices inc | 4.46 | 57,719 | 10,417,700 | reduced | -25.57 | ||
| AMZN | amazon com inc | 11.14 | 144,217 | 26,013,800 | added | 10.3 | ||
| ARHS | arhaus inc | 0.96 | 145,185 | 2,234,400 | reduced | -19.98 | ||
| ATSG | air transport services grp i | 0.13 | 21,791 | 299,844 | added | 6.11 | ||
| BALL | ball corp | 3.20 | 111,036 | 7,479,380 | new | |||
| BAPR | innovator etfs trust | 0.64 | 38,218 | 1,494,710 | new | |||
| BIL | spdr ser tr | 4.44 | 108,895 | 10,366,800 | added | 12.8 | ||
| BIL | spdr ser tr | 2.53 | 74,810 | 5,909,230 | new | |||