Latest PINNACLE ASSOCIATES LTD Stock Portfolio
PINNACLE ASSOCIATES LTD Performance:
2024 Q4: 5.96%YTD: 7.83%2023: 14.24%
Performance for 2024 Q4 is 5.96%, and YTD is 7.83%, and 2023 is 14.24%.
About PINNACLE ASSOCIATES LTD and 13F Hedge Fund Stock Holdings
PINNACLE ASSOCIATES LTD is a hedge fund based in NEW YORK, NY. On 16-May-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $6.6 Billions. In it's latest 13F Holdings report, PINNACLE ASSOCIATES LTD reported an equity portfolio of $7.4 Billions as of 31 Dec, 2024.
The top stock holdings of PINNACLE ASSOCIATES LTD are JNJ, AAPL, MSFT. The fund has invested 11.8% of it's portfolio in JOHNSON & JOHNSON and 4.6% of portfolio in APPLE INC.
The fund managers got completely rid off LAM RESEARCH CORP (LRCX), BLACKROCK INC (BLK) and SPIRIT AEROSYSTEMS HLDGS INC (SPR) stocks. They significantly reduced their stock positions in CAE INC (CAE), ISHARES U S ETF TR (CCRV) and 3-D SYS CORP DEL. PINNACLE ASSOCIATES LTD opened new stock positions in LAM RESEARCH CORP (LRCX), BLACKROCK INC and KRATOS DEFENSE & SEC SOLUTIO (KTOS). The fund showed a lot of confidence in some stocks as they added substantially to CHIPOTLE MEXICAN GRILL INC (CMG), UNITI GROUP INC (UNIT) and KENVUE INC.
The top stock holdings of PINNACLE ASSOCIATES LTD are JNJ, AAPL, MSFT. The fund has invested 11.8% of it's portfolio in JOHNSON & JOHNSON and 4.6% of portfolio in APPLE INC.
The fund managers got completely rid off LAM RESEARCH CORP (LRCX), BLACKROCK INC (BLK) and SPIRIT AEROSYSTEMS HLDGS INC (SPR) stocks. They significantly reduced their stock positions in CAE INC (CAE), ISHARES U S ETF TR (CCRV) and 3-D SYS CORP DEL. PINNACLE ASSOCIATES LTD opened new stock positions in LAM RESEARCH CORP (LRCX), BLACKROCK INC and KRATOS DEFENSE & SEC SOLUTIO (KTOS). The fund showed a lot of confidence in some stocks as they added substantially to CHIPOTLE MEXICAN GRILL INC (CMG), UNITI GROUP INC (UNIT) and KENVUE INC.
PINNACLE ASSOCIATES LTD Annual Return Estimates Vs S&P 500
Our best estimate is that PINNACLE ASSOCIATES LTD made a return of 5.96% in the last quarter. In trailing 12 months, it's portfolio return was 7.83%.
New Buys
| Ticker | $ Bought |
|---|---|
| lam research corp | 42,935,300 |
| blackrock inc | 42,365,000 |
| 2023 etf series trust ii | 26,479,400 |
| kratos defense & sec solutio | 10,675,900 |
| uranium energy corp | 10,312,700 |
| resmed inc | 8,107,750 |
| solaris energy infras inc | 7,984,950 |
| magnite inc | 5,284,820 |
New stocks bought by PINNACLE ASSOCIATES LTD
Additions
| Ticker | % Inc. |
|---|---|
| chipotle mexican grill inc | 10,518 |
| uniti group inc | 7,992 |
| kenvue inc | 6,415 |
| ipg photonics corp | 3,647 |
| energy recovery inc | 2,745 |
| nvidia corporation | 770 |
| sphere entertainment co | 682 |
| broadcom inc | 653 |
Additions to existing portfolio by PINNACLE ASSOCIATES LTD
Reductions
| Ticker | % Reduced |
|---|---|
| pra group inc | -80.67 |
| occidental pete corp | -78.29 |
| intel corp | -76.32 |
| schwab charles corp | -73.87 |
| bel fuse inc | -66.83 |
| crocs inc | -66.06 |
| cvs health corp | -63.43 |
| cross ctry healthcare inc | -61.27 |
PINNACLE ASSOCIATES LTD reduced stake in above stock
Sold off
Sector Distribution
PINNACLE ASSOCIATES LTD has about 25.5% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 25.5 |
| Technology | 21 |
| Healthcare | 17.4 |
| Financial Services | 8.4 |
| Industrials | 8 |
| Consumer Cyclical | 6.7 |
| Communication Services | 6 |
| Consumer Defensive | 2.6 |
| Energy | 2.2 |
Market Cap. Distribution
PINNACLE ASSOCIATES LTD has about 61.5% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 37.5 |
| UNALLOCATED | 25.4 |
| LARGE-CAP | 24 |
| MID-CAP | 8.9 |
| SMALL-CAP | 3.6 |
Stocks belong to which Index?
About 68.6% of the stocks held by PINNACLE ASSOCIATES LTD either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 60.2 |
| Others | 31.4 |
| RUSSELL 2000 | 8.4 |
PINNACLE ASSOCIATES LTD Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of PINNACLE ASSOCIATES LTD
PINNACLE ASSOCIATES LTD has 829 stocks in it's portfolio. About 29.7% of the portfolio is in top 10 stocks. JNJ proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for PINNACLE ASSOCIATES LTD last quarter.
Last Reported on: 14 Feb, 2025| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 4.60 | 1,354,380 | 339,164,000 | added | 1.22 | ||
| AAXJ | ishares tr | 0.08 | 100,796 | 6,123,370 | reduced | -16.93 | ||
| AAXJ | ishares tr | 0.06 | 37,522 | 4,335,660 | added | 11.33 | ||
| AAXJ | ishares tr | 0.05 | 31,805 | 3,737,100 | added | 13.91 | ||
| AAXJ | ishares tr | 0.02 | 31,887 | 1,648,560 | added | 1.57 | ||
| AAXJ | ishares tr | 0.02 | 28,026 | 1,635,340 | reduced | -9.79 | ||
| AAXJ | ishares tr | 0.02 | 15,370 | 1,589,100 | added | 7.94 | ||
| AAXJ | ishares tr | 0.02 | 14,896 | 1,587,170 | added | 10.89 | ||
| AAXJ | ishares tr | 0.01 | 11,286 | 1,092,820 | reduced | -2.59 | ||
| AAXJ | ishares tr | 0.01 | 12,272 | 965,184 | added | 90.15 | ||
| ABBV | abbvie inc | 0.31 | 129,470 | 23,006,900 | added | 4.72 | ||
| ABT | abbott labs | 0.16 | 104,947 | 11,870,600 | added | 2.43 | ||
| ACN | accenture plc ireland | 0.16 | 33,559 | 11,805,700 | added | 10.28 | ||
| ACWF | ishares tr | 0.06 | 72,604 | 4,453,510 | added | 9.55 | ||
| ADBE | adobe inc | 0.23 | 38,933 | 17,312,900 | reduced | -13.76 | ||
| ADI | analog devices inc | 0.06 | 19,763 | 4,198,860 | added | 14.93 | ||
| ADP | automatic data processing in | 0.13 | 33,393 | 9,775,190 | added | 9.89 | ||
| AEIS | advanced energy inds | 0.22 | 143,490 | 16,591,700 | reduced | -18.79 | ||
| AEP | american elec pwr co inc | 0.04 | 34,325 | 3,165,800 | reduced | -15.68 | ||
| AFK | vaneck etf trust | 0.06 | 18,083 | 4,379,150 | added | 208 | ||