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View AllLatest GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ Stock Portfolio
$72.27Million
Equity Portfolio Value
Last Reported on: 31 Jan, 2024
About GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ and it’s 13F Hedge Fund Stock Holdings
GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ is a hedge fund based in Paramus, NJ. On 20-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $68.1 Millions. In it's latest 13F Holdings report, GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ reported an equity portfolio of $72.3 Millions as of 31 Dec, 2023.
The top stock holdings of GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ are AVGO, URI, LRCX. The fund has invested 5.1% of it's portfolio in BROADCOM INC COM and 4.9% of portfolio in UNITED RENTALS INC COM.
The fund managers got completely rid off ENTERPRISE PRODS PARTNERS COM (EPD), PHILLIPS 66 COM COM (PSX) and DIAMONDBACK ENERGY INC COM COM (FANG) stocks. They significantly reduced their stock positions in ONEOK INC NEW (OKE), MPLX LP COM UNIT REP L (MPLX) and GENPACT LIMITED SHS (G). GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ opened new stock positions in SMITH A O COM (AOS), EDWARDS LIFESCIENCES CORP COM (EW) and MORGAN STANLEY (MS). The fund showed a lot of confidence in some stocks as they added substantially to DICKS SPORTING GOODS INC COM (DKS), PALO ALTO NETWORKS INC COM (PANW) and AGCO CORP COM (AGCO).
The top stock holdings of GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ are AVGO, URI, LRCX. The fund has invested 5.1% of it's portfolio in BROADCOM INC COM and 4.9% of portfolio in UNITED RENTALS INC COM.
The fund managers got completely rid off ENTERPRISE PRODS PARTNERS COM (EPD), PHILLIPS 66 COM COM (PSX) and DIAMONDBACK ENERGY INC COM COM (FANG) stocks. They significantly reduced their stock positions in ONEOK INC NEW (OKE), MPLX LP COM UNIT REP L (MPLX) and GENPACT LIMITED SHS (G). GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ opened new stock positions in SMITH A O COM (AOS), EDWARDS LIFESCIENCES CORP COM (EW) and MORGAN STANLEY (MS). The fund showed a lot of confidence in some stocks as they added substantially to DICKS SPORTING GOODS INC COM (DKS), PALO ALTO NETWORKS INC COM (PANW) and AGCO CORP COM (AGCO).
New Buys
| Ticker | $ Bought |
|---|---|
| SMITH A O COM | 244,000 |
| EDWARDS LIFESCIENCES CORP COM | 206,000 |
| MORGAN STANLEY | 205,000 |
New stocks bought by GROESBECK INVESTMENT MANAGEMENT CORP /NJ/
Additions
| Ticker | % Inc. |
|---|---|
| DICKS SPORTING GOODS INC COM | 79.49 |
| PALO ALTO NETWORKS INC COM | 38.43 |
| AGCO CORP COM | 24.92 |
| ALLEGION PLC ORD SHS | 23.13 |
| ARISTA NETWORKS INC COM | 22.41 |
| VERTEX PHARMACEUTICALS INC COM | 20.37 |
| ICON PLC SHS | 15.3 |
| UNITED RENTALS INC COM | 13.66 |
Additions to existing portfolio by GROESBECK INVESTMENT MANAGEMENT CORP /NJ/
Reductions
| Ticker | % Reduced |
|---|---|
| ONEOK INC NEW | -67.7 |
| MPLX LP COM UNIT REP L | -57.93 |
| GENPACT LIMITED SHS | -41.53 |
| CITIZENS FINL GROUP INC COM | -40.75 |
| KROGER CO COM | -23.82 |
| ZEBRA TECHNOLOGIES CORP CL A | -23.02 |
| NEXSTAR MEDIA GROUP INC CL A | -22.63 |
| ABBVIE INC COM | -21.73 |
GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| ENTERPRISE PRODS PARTNERS COM | -488,000 |
| WILLIAMS COS INC COM COM | -294,000 |
| CRESTWOOD EQUITY PARTNERS LPUN COM | -229,000 |
| HESS MIDSTREAM LP CL A SHS COM | -200,000 |
| TC ENERGY CORP COM COM | -231,000 |
| ENBRIDGE INC COM COM | -207,000 |
| CHENIERE ENERGY PARTNERS LP CO COM | -274,000 |
| PHILLIPS 66 COM COM | -366,000 |
GROESBECK INVESTMENT MANAGEMENT CORP /NJ/ got rid off the above stocks
Current Stock Holdings of GROESBECK INVESTMENT MANAGEMENT CORP /NJ/
Last Reported on: 31 Jan, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| AAPL | APPLE COMPUTER INC | 3.73 | 14,005 | 2,696,000 | ADDED | 0.25 | |
| ABBV | ABBVIE INC COM | 2.01 | 9,363 | 1,451,000 | REDUCED | -21.73 | |
| ABT | ABBOTT LABS | 1.28 | 8,400 | 925,000 | UNCHANGED | 0.00 | |
| ADBE | ADOBE SYS INC COM | 0.84 | 1,012 | 604,000 | UNCHANGED | 0.00 | |
| ADM | ARCHER DANIELS MIDLAND | 0.36 | 3,597 | 260,000 | REDUCED | -21.41 | |
| AGCO | AGCO CORP COM | 0.39 | 2,331 | 283,000 | ADDED | 24.92 | |
| ALLE | ALLEGION PLC ORD SHS | 0.44 | 2,529 | 320,000 | ADDED | 23.13 | |
| AMGN | AMGEN INC | 1.51 | 3,788 | 1,091,000 | ADDED | 5.57 | |
| AMZN | AMAZON COM INC COM | 0.44 | 2,115 | 321,000 | UNCHANGED | 0.00 | |
| ANET | ARISTA NETWORKS INC COM | 0.94 | 2,895 | 682,000 | ADDED | 22.41 | |
| AOS | SMITH A O COM | 0.34 | 2,960 | 244,000 | NEW | ||
| AVGO | BROADCOM INC COM | 5.12 | 3,312 | 3,697,000 | ADDED | 3.11 | |
| BLK | BLACKROCK INC COM | 1.18 | 1,046 | 849,000 | REDUCED | -6.69 | |
| CARR | CARRIER GLOBAL CORPORATION COM | 0.90 | 11,299 | 649,000 | UNCHANGED | 0.00 | |
| CDW | CDW CORP COM | 4.45 | 14,134 | 3,213,000 | ADDED | 0.4 | |
| CEQP | CRESTWOOD EQUITY PARTNERS LPUN COM | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| CFG | CITIZENS FINL GROUP INC COM | 0.54 | 11,775 | 390,000 | REDUCED | -40.75 | |
| CI | CIGNA CORP NEW COM | 1.52 | 3,678 | 1,101,000 | UNCHANGED | 0.00 | |
| CQP | CHENIERE ENERGY PARTNERS LP CO COM | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| CTRE | CARETRUST REIT INC COM | 0.38 | 12,200 | 273,000 | UNCHANGED | 0.00 | |
| DBX | DROPBOX INC CL A | 1.19 | 29,100 | 858,000 | REDUCED | -7.32 | |
| DKS | DICKS SPORTING GOODS INC COM | 0.89 | 4,358 | 640,000 | ADDED | 79.49 | |
| DOX | AMDOCS LTD ORD | 1.15 | 9,462 | 832,000 | UNCHANGED | 0.00 | |
| EBAY | EBAY INC COM | 0.49 | 8,041 | 351,000 | UNCHANGED | 0.00 | |
| ENB | ENBRIDGE INC COM COM | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| EPD | ENTERPRISE PRODS PARTNERS COM | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| ESNT | ESSENT GROUP LTD COM | 1.36 | 18,580 | 980,000 | REDUCED | -3.13 | |
| EW | EDWARDS LIFESCIENCES CORP COM | 0.28 | 2,700 | 206,000 | NEW | ||
| FANG | DIAMONDBACK ENERGY INC COM COM | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| FIVE | FIVE BELOW INC COM | 1.70 | 5,755 | 1,227,000 | ADDED | 9.1 | |
| FTNT | FORTINET INC COM | 1.00 | 12,340 | 722,000 | ADDED | 0.98 | |
| G | GENPACT LIMITED SHS | 0.32 | 6,688 | 232,000 | REDUCED | -41.53 | |
| GOOG | ALPHABET CLASS C | 0.96 | 4,940 | 696,000 | UNCHANGED | 0.00 | |
| GOOG | ALPHABET CLASS A | 0.68 | 3,500 | 489,000 | UNCHANGED | 0.00 | |
| GPN | GLOBAL PMTS INC COM | 0.91 | 5,164 | 656,000 | UNCHANGED | 0.00 | |
| GS | GOLDMAN SACHS GROUP INC | 1.99 | 3,725 | 1,437,000 | REDUCED | -2.1 | |
| GWW | GRAINGER W W INC COM | 0.34 | 300 | 249,000 | UNCHANGED | 0.00 | |
| HD | HOME DEPOT INC | 0.94 | 1,954 | 677,000 | REDUCED | -7.31 | |
| HESM | HESS MIDSTREAM LP CL A SHS COM | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| ICE | INTERCONTINENTAL EXCHANGE INCO | 0.88 | 4,963 | 637,000 | UNCHANGED | 0.00 | |
| ICLR | ICON PLC SHS | 0.86 | 2,186 | 619,000 | ADDED | 15.3 | |
| ITW | ILLINOIS TOOL WKS INC | 0.46 | 1,270 | 333,000 | UNCHANGED | 0.00 | |
| JNJ | JOHNSON & JOHNSON | 0.49 | 2,269 | 356,000 | UNCHANGED | 0.00 | |
| KR | KROGER CO COM | 0.49 | 7,677 | 351,000 | REDUCED | -23.82 | |
| LHX | L3 HARRIS TECHNOLOGIES INC COM | 0.82 | 2,800 | 590,000 | UNCHANGED | 0.00 | |
| LMT | LOCKHEED MARTIN CORP COM | 1.04 | 1,660 | 752,000 | UNCHANGED | 0.00 | |
| LRCX | LAM RESH CORP COM | 4.83 | 4,454 | 3,489,000 | ADDED | 1.14 | |
| MCD | MCDONALDS CORP | 0.66 | 1,620 | 480,000 | ADDED | 2.53 | |
| MCK | MCKESSON CORPORATION COM | 0.38 | 600 | 278,000 | UNCHANGED | 0.00 | |
| MDC | M D C HLDGS INC COM | 2.04 | 26,678 | 1,474,000 | ADDED | 8.77 | |
| META | FACEBOOK INC CL A | 0.69 | 1,410 | 499,000 | UNCHANGED | 0.00 | |
| MPLX | MPLX LP COM UNIT REP L | 0.35 | 6,942 | 255,000 | REDUCED | -57.93 | |
| MRK | MERCK & COMPANY | 1.25 | 8,323 | 907,000 | ADDED | 10.34 | |
| MS | MORGAN STANLEY | 0.28 | 2,200 | 205,000 | NEW | ||
| MSFT | MICROSOFT | 4.17 | 8,011 | 3,012,000 | ADDED | 6.02 | |
| MSM | MSC INDL DIRECT INC CL A | 0.99 | 7,078 | 717,000 | REDUCED | -6.6 | |
| MU | MICRON TECHNOLOGY INC COM | 1.33 | 11,260 | 961,000 | REDUCED | -0.53 | |
| NKE | NIKE INC CL B | 0.48 | 3,200 | 347,000 | UNCHANGED | 0.00 | |
| NXST | NEXSTAR MEDIA GROUP INC CL A | 1.64 | 7,544 | 1,183,000 | REDUCED | -22.63 | |
| ODFL | OLD DOMINION FGHT LINES INC CO | 2.39 | 4,257 | 1,725,000 | ADDED | 2.78 | |
| OKE | ONEOK INC NEW | 0.29 | 3,019 | 212,000 | REDUCED | -67.7 | |
| ORLY | O REILLY AUTOMOTIVE INC NEW CO | 1.81 | 1,375 | 1,306,000 | ADDED | 0.73 | |
| PANW | PALO ALTO NETWORKS INC COM | 0.61 | 1,495 | 441,000 | ADDED | 38.43 | |
| PH | PARKER HANNIFIN CORP COM | 0.61 | 950 | 438,000 | UNCHANGED | 0.00 | |
| PLD | PROLOGIS INC COM | 0.87 | 4,715 | 629,000 | UNCHANGED | 0.00 | |
| PSX | PHILLIPS 66 COM COM | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| QCOM | QUALCOMM INC COM | 0.39 | 1,930 | 279,000 | UNCHANGED | 0.00 | |
| SBUX | STARBUCKS CORP COM | 0.64 | 4,802 | 461,000 | ADDED | 1.59 | |
| SHW | SHERWIN WILLIAMS CO | 1.73 | 4,015 | 1,252,000 | UNCHANGED | 0.00 | |
| SSNC | SS&C TECHNOLOGIES HLDGS INC CO | 1.39 | 16,373 | 1,001,000 | UNCHANGED | 0.00 | |
| SWKS | SKYWORKS SOLUTIONS INC COM | 0.85 | 5,460 | 614,000 | REDUCED | -14.49 | |
| THO | THOR INDS INC COM | 2.68 | 16,389 | 1,938,000 | ADDED | 3.13 | |
| TMO | THERMO FISHER SCIENTIFIC | 2.78 | 3,777 | 2,005,000 | ADDED | 0.4 | |
| TROW | PRICE T ROWE GROUP INC | 2.02 | 13,560 | 1,460,000 | REDUCED | -9.99 | |
| TRP | TC ENERGY CORP COM COM | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| TSCO | TRACTOR SUPPLY CO COM | 2.15 | 7,240 | 1,557,000 | ADDED | 0.56 | |
| ULTA | ULTA SALON COSMETCS & FRAG ICO | 0.82 | 1,205 | 590,000 | UNCHANGED | 0.00 | |
| UNH | UNITEDHEALTH GROUP INC COM | 2.80 | 3,846 | 2,025,000 | UNCHANGED | 0.00 | |
| URI | UNITED RENTALS INC COM | 4.89 | 6,166 | 3,536,000 | ADDED | 13.66 | |
| V | VISA INC COM CL A | 1.55 | 4,289 | 1,117,000 | ADDED | 0.59 | |
| VRTX | VERTEX PHARMACEUTICALS INC COM | 1.00 | 1,773 | 721,000 | ADDED | 20.37 | |
| WMB | WILLIAMS COS INC COM COM | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| WSO | WATSCO INC COM | 1.34 | 2,265 | 970,000 | UNCHANGED | 0.00 | |
| ZBRA | ZEBRA TECHNOLOGIES CORP CL A | 0.81 | 2,140 | 585,000 | REDUCED | -23.02 | |
| ZTS | ZOETIS INC CL A | 0.91 | 3,330 | 657,000 | ADDED | 0.91 |