Latest SALEM INVESTMENT COUNSELORS INC Stock Portfolio
$3.10Billion– No. of Holdings #1164
SALEM INVESTMENT COUNSELORS INC Performance:
2024 Q2: 1.66%YTD: 13.08%2023: 22.31%
Performance for 2024 Q2 is 1.66%, and YTD is 13.08%, and 2023 is 22.31%.
About SALEM INVESTMENT COUNSELORS INC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, SALEM INVESTMENT COUNSELORS INC reported an equity portfolio of $3.1 Billions as of 30 Jun, 2024.
The top stock holdings of SALEM INVESTMENT COUNSELORS INC are LOW, AAPL, NVDA. The fund has invested 15.6% of it's portfolio in LOWES COS INC and 6.8% of portfolio in APPLE INC.
The fund managers got completely rid off PIONEER NAT RES CO (PXD), LABORATORY CORP AMER HLDGS (LH) and JPMORGAN CHASE & CO (JPM) stocks. They significantly reduced their stock positions in LUMEN TECHNOLOGIES INC (LUMN), PRINCIPAL FINANCIAL GROUP IN (PFG) and HUNTSMAN CORP (HUN). SALEM INVESTMENT COUNSELORS INC opened new stock positions in TERNS PHARMACEUTICALS INC (TERN), LABCORP HOLDINGS INC and NATERA INC (NTRA). The fund showed a lot of confidence in some stocks as they added substantially to C3 AI INC (AI), AVANTOR INC (AVTR) and HERCULES CAPITAL INC (HTGC).
The top stock holdings of SALEM INVESTMENT COUNSELORS INC are LOW, AAPL, NVDA. The fund has invested 15.6% of it's portfolio in LOWES COS INC and 6.8% of portfolio in APPLE INC.
The fund managers got completely rid off PIONEER NAT RES CO (PXD), LABORATORY CORP AMER HLDGS (LH) and JPMORGAN CHASE & CO (JPM) stocks. They significantly reduced their stock positions in LUMEN TECHNOLOGIES INC (LUMN), PRINCIPAL FINANCIAL GROUP IN (PFG) and HUNTSMAN CORP (HUN). SALEM INVESTMENT COUNSELORS INC opened new stock positions in TERNS PHARMACEUTICALS INC (TERN), LABCORP HOLDINGS INC and NATERA INC (NTRA). The fund showed a lot of confidence in some stocks as they added substantially to C3 AI INC (AI), AVANTOR INC (AVTR) and HERCULES CAPITAL INC (HTGC).
SALEM INVESTMENT COUNSELORS INC Equity Portfolio Value
Last Reported on: 11 Jul, 2024
SALEM INVESTMENT COUNSELORS INC Annual Return Estimates Vs S&P 500
Our best estimate is that SALEM INVESTMENT COUNSELORS INC made a return of 1.66% in the last quarter. In trailing 12 months, it's portfolio return was 17.91%.
New Buys
| Ticker | $ Bought |
|---|---|
| terns pharmaceuticals inc | 2,530,600 |
| labcorp holdings inc | 1,881,040 |
| natera inc | 1,678,500 |
| solventum corp | 833,072 |
| ge vernova inc | 445,240 |
| abcellera biologics inc | 186,480 |
| avidxchange holdings inc | 115,246 |
| ishares tr | 74,533 |
New stocks bought by SALEM INVESTMENT COUNSELORS INC
Additions
| Ticker | % Inc. |
|---|---|
| c3 ai inc | 6,702 |
| avantor inc | 6,373 |
| huntington bancshares inc | 2,181 |
| streamline health solutions | 1,012 |
| ishares tr | 812 |
| air prods & chems inc | 493 |
| arista networks inc | 480 |
| servicenow inc | 441 |
Additions to existing portfolio by SALEM INVESTMENT COUNSELORS INC
Reductions
| Ticker | % Reduced |
|---|---|
| ishares tr | -75.52 |
| vanguard whitehall fds | -72.58 |
| bristol-myers squibb co | -53.5 |
| acacia resh corp | -48.84 |
| ginkgo bioworks holdings inc | -40.73 |
| ishares tr | -39.69 |
| boeing co | -37.84 |
| enovix corporation | -36.26 |
SALEM INVESTMENT COUNSELORS INC reduced stake in above stock
Sold off
Sector Distribution
SALEM INVESTMENT COUNSELORS INC has about 26.7% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 26.7 |
| Consumer Cyclical | 24.5 |
| Others | 13.6 |
| Healthcare | 9 |
| Communication Services | 7.8 |
| Financial Services | 5.6 |
| Consumer Defensive | 5.2 |
| Industrials | 3.7 |
| Energy | 1.8 |
| Basic Materials | 1.1 |
Market Cap. Distribution
SALEM INVESTMENT COUNSELORS INC has about 82% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 45.2 |
| LARGE-CAP | 36.8 |
| UNALLOCATED | 13.6 |
| MID-CAP | 3.6 |
Stocks belong to which Index?
About 82.6% of the stocks held by SALEM INVESTMENT COUNSELORS INC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 79 |
| Others | 17.4 |
| RUSSELL 2000 | 3.6 |
SALEM INVESTMENT COUNSELORS INC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of SALEM INVESTMENT COUNSELORS INC
SALEM INVESTMENT COUNSELORS INC has 1164 stocks in it's portfolio. About 49.3% of the portfolio is in top 10 stocks. LOW proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for SALEM INVESTMENT COUNSELORS INC last quarter.
Last Reported on: 11 Jul, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| A | agilent technologies inc | 0.01 | 2,459 | 318,761 | added | 8.85 | ||
| AAP | advance auto parts inc | 0.01 | 4,600 | 291,318 | unchanged | 0.00 | ||
| AAPL | apple inc | 6.83 | 1,004,950 | 211,662,000 | reduced | -1.08 | ||
| AAXJ | ishares tr | 0.02 | 18,326 | 578,186 | added | 1.66 | ||
| AAXJ | ishares tr | 0.01 | 3,805 | 420,453 | unchanged | 0.00 | ||
| AAXJ | ishares tr | 0.01 | 3,371 | 188,911 | reduced | -1.23 | ||
| AAXJ | ishares tr | 0.00 | 1,332 | 102,751 | added | 0.76 | ||
| AAXJ | ishares tr | 0.00 | 1,750 | 91,735 | unchanged | 0.00 | ||
| AAXJ | ishares tr | 0.00 | 1,432 | 75,948 | added | 812 | ||
| ABBV | abbvie inc | 0.72 | 130,775 | 22,430,500 | added | 3.00 | ||
| ABC | cencora inc | 0.01 | 1,092 | 246,028 | unchanged | 0.00 | ||
| ABCL | abcellera biologics inc | 0.01 | 63,000 | 186,480 | new | |||
| ABNB | airbnb inc | 0.13 | 26,284 | 3,985,440 | reduced | -6.23 | ||
| ABT | abbott labs | 0.28 | 82,058 | 8,526,650 | reduced | -1.23 | ||
| ACES | alps etf tr | 0.10 | 67,063 | 3,217,670 | added | 9.94 | ||
| ACLS | axcelis technologies inc | 0.00 | 685 | 97,401 | unchanged | 0.00 | ||
| ACN | accenture plc ireland | 0.80 | 81,889 | 24,845,900 | reduced | -3.48 | ||
| ACTG | acacia resh corp | 0.00 | 14,664 | 73,467 | reduced | -48.84 | ||
| ACTX | global x fds | 0.01 | 8,175 | 291,613 | added | 29.49 | ||
| ADBE | adobe inc | 0.04 | 2,214 | 1,229,970 | reduced | -0.81 | ||