$1.45 Billion is the total value of Locust Wood Capital Advisers's 47 reported holdings in Q3 2022. The portfolio turnover from Q2 2022 to Q3 2022 was 14.6% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| LIN | Buy | LINDE PLC | $123,909,000 | +1.3% | 459,620 | +8.0% | 8.55% | +13.0% |
| ANTM | Buy | ELEVANCE HEALTH INC | $70,387,000 | +3.9% | 154,955 | +10.4% | 4.86% | +16.0% |
| SPGI | Buy | S&P GLOBAL INC | $68,905,000 | -6.5% | 225,658 | +3.2% | 4.76% | +4.3% |
| AMT | Sell | AMERICAN TOWER CORP NEW | $65,535,000 | -16.7% | 305,238 | -0.8% | 4.52% | -7.0% |
| CP | Sell | CANADIAN PAC RY LTD | $62,018,000 | -5.2% | 929,521 | -0.7% | 4.28% | +5.8% |
| GS | Buy | GOLDMAN SACHS GROUP INC | $58,823,000 | +9.7% | 200,728 | +11.2% | 4.06% | +22.4% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $57,759,000 | -18.9% | 603,857 | +1747.7% | 3.99% | -9.5% |
| TSM | Buy | TAIWAN SEMICONDUCTOR MFG LTDsponsored ads | $54,467,000 | +11.8% | 794,449 | +33.3% | 3.76% | +24.7% |
| V | Buy | VISA INC | $51,660,000 | -5.3% | 290,798 | +5.0% | 3.56% | +5.8% |
| HON | Sell | HONEYWELL INTL INC | $51,057,000 | -5.8% | 305,783 | -2.0% | 3.52% | +5.1% |
| MSFT | Sell | MICROSOFT CORP | $50,979,000 | -15.8% | 218,887 | -7.1% | 3.52% | -6.0% |
| WM | Sell | WASTE MGMT INC DEL | $43,596,000 | -4.8% | 272,116 | -9.1% | 3.01% | +6.2% |
| ABT | Buy | ABBOTT LABS | $41,580,000 | -7.6% | 429,727 | +3.7% | 2.87% | +3.1% |
| JPM | Sell | JPMORGAN CHASE & CO | $40,683,000 | -8.6% | 389,311 | -1.5% | 2.81% | +2.0% |
| SU | Sell | SUNCOR ENERGY INC NEW | $40,038,000 | -35.2% | 1,422,306 | -19.3% | 2.76% | -27.7% |
| Sell | APOLLO GLOBAL MGMT INC | $39,998,000 | -5.2% | 860,161 | -1.2% | 2.76% | +5.8% | |
| CRM | Buy | SALESFORCE INC | $37,888,000 | -2.6% | 263,404 | +11.8% | 2.61% | +8.7% |
| ESI | Sell | ELEMENT SOLUTIONS INC | $36,273,000 | -19.7% | 2,229,418 | -12.1% | 2.50% | -10.4% |
| AAPL | Buy | APPLE INC | $36,010,000 | +6.0% | 260,562 | +4.8% | 2.48% | +18.3% |
| AMZN | Sell | AMAZON COM INC | $35,767,000 | +4.4% | 316,520 | -1.8% | 2.47% | +16.5% |
| Sell | MIRION TECHNOLOGIES INC | $34,751,000 | +27.6% | 4,652,012 | -1.6% | 2.40% | +42.4% | |
| PCG | Buy | PG&E CORP | $34,122,000 | +131.6% | 2,729,751 | +84.9% | 2.36% | +158.5% |
| UNH | Sell | UNITEDHEALTH GROUP INC | $29,615,000 | -3.9% | 58,639 | -2.3% | 2.04% | +7.2% |
| VRT | Buy | VERTIV HOLDINGS CO | $28,372,000 | +26.9% | 2,918,946 | +7.3% | 1.96% | +41.6% |
| CSGP | Sell | COSTAR GROUP INC | $27,184,000 | -3.4% | 390,288 | -16.2% | 1.88% | +7.9% |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $25,128,000 | -2.6% | 94,107 | -0.4% | 1.73% | +8.6% |
| TSM | Buy | TAIWAN SEMICONDUCTOR MFG LTDput | $24,983,000 | +67.7% | 364,400 | +100.0% | 1.72% | +87.2% |
| CNI | Sell | CANADIAN NATL RY CO | $22,780,000 | -6.3% | 210,946 | -2.4% | 1.57% | +4.6% |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $21,136,000 | -0.6% | 52 | 0.0% | 1.46% | +10.9% | |
| SPY | Sell | SPDR S&P 500 ETF TRput | $20,466,000 | -82.9% | 57,300 | -82.0% | 1.41% | -81.0% |
| PCG | Sell | PG&E CORPcall | $19,638,000 | -28.4% | 1,571,000 | -42.9% | 1.36% | -20.2% |
| V | Buy | VISA INCcall | $15,278,000 | +14.3% | 86,000 | +26.7% | 1.05% | +27.4% |
| GS | GOLDMAN SACHS GROUP INCcall | $12,015,000 | -1.3% | 41,000 | 0.0% | 0.83% | +10.1% | |
| SU | New | SUNCOR ENERGY INC NEWput | $10,641,000 | – | 378,000 | +100.0% | 0.73% | – |
| AAPL | Sell | APPLE INCput | $9,950,000 | -27.4% | 72,000 | -28.1% | 0.69% | -18.9% |
| LIN | New | LINDE PLCcall | $8,789,000 | – | 32,600 | +100.0% | 0.61% | – |
| CZR | Buy | CAESARS ENTERTAINMENT INC NEcall | $8,130,000 | +405.3% | 252,000 | +500.0% | 0.56% | +466.7% |
| GOOGL | Buy | ALPHABET INCcall | $5,165,000 | +97.5% | 54,000 | +4400.0% | 0.36% | +119.8% |
| EWG | New | ISHARES INCput | $4,844,000 | – | 245,400 | +100.0% | 0.33% | – |
| CZR | Sell | CAESARS ENTERTAINMENT INC NE | $4,737,000 | -61.6% | 146,835 | -54.4% | 0.33% | -57.1% |
| SGU | Sell | STAR GROUP L Punit ltd partnr | $4,239,000 | -13.8% | 521,456 | -2.7% | 0.29% | -3.6% |
| ABT | ABBOTT LABScall | $3,793,000 | -10.9% | 39,200 | 0.0% | 0.26% | -0.4% | |
| TSM | Buy | TAIWAN SEMICONDUCTOR MFG LTDcall | $2,468,000 | +25.8% | 36,000 | +50.0% | 0.17% | +40.5% |
| HON | HONEYWELL INTL INCcall | $2,004,000 | -3.9% | 12,000 | 0.0% | 0.14% | +7.0% | |
| AMT | AMERICAN TOWER CORP NEWcall | $644,000 | -16.0% | 3,000 | 0.0% | 0.04% | -6.4% | |
| HEP | HOLLY ENERGY PARTNERS L P | $516,000 | +2.4% | 31,440 | 0.0% | 0.04% | +16.1% | |
| UNH | UNITEDHEALTH GROUP INCcall | $455,000 | -1.5% | 900 | 0.0% | 0.03% | +6.9% | |
| ET | Exit | ENERGY TRANSFER L P | $0 | – | -550,842 | -100.0% | -0.34% | – |
| BSX | Exit | BOSTON SCIENTIFIC CORP | $0 | – | -211,643 | -100.0% | -0.49% | – |
| PSTH | Exit | PERSHING SQUARE TONTINE HLDG | $0 | – | -629,671 | -100.0% | -0.78% | – |
| STE | Exit | STERIS PLC | $0 | – | -103,028 | -100.0% | -1.31% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2022-11-01
About Locust Wood Capital Advisers
Locust Wood Capital Advisers is a New York-based investment management firm that was founded in 2002 by Stephen J. Errico. The firm manages assets for high net worth individuals, family offices, and institutional investors. Locust Wood Capital Advisers has a team of experienced professionals, including Stephen J. Errico as the CEO and Chief Investment Officer, and Michael J. Cricenti as the COO and Chief Compliance Officer.
The investment philosophy of Locust Wood Capital Advisers is centered around value investing, which involves identifying undervalued companies and investing in them for the long term. The firm's investment process involves in-depth research and analysis of companies, industries, and macroeconomic trends. The team at Locust Wood Capital Advisers seeks to identify companies with strong fundamentals, a competitive advantage, and a sustainable business model.
Locust Wood Capital Advisers has a diversified portfolio that includes investments in various sectors, including healthcare, technology, consumer goods, and financial services. The firm's investment strategy has delivered strong returns for its clients over the years, and it has a track record of outperforming the market.
In conclusion, Locust Wood Capital Advisers is a reputable investment management firm that has a team of experienced professionals and a proven investment strategy. The firm's focus on value investing and in-depth research has helped it to deliver strong returns for its clients over the years.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| JPMORGAN CHASE & CO | 41 | Q2 2023 | 5.5% |
| APPLE INC | 41 | Q2 2023 | 5.5% |
| BERKSHIRE HATHAWAY INC DEL | 41 | Q2 2023 | 4.5% |
| BERKSHIRE HATHAWAY INC DEL | 41 | Q2 2023 | 3.0% |
| STAR GROUP L P | 41 | Q2 2023 | 1.4% |
| HONEYWELL INTL INC | 35 | Q2 2023 | 4.3% |
| MICROSOFT CORP | 32 | Q2 2023 | 5.6% |
| SUNCOR ENERGY INC NEW | 31 | Q2 2023 | 8.8% |
| ABBOTT LABS | 28 | Q2 2023 | 5.6% |
| HOWARD HUGHES CORP | 26 | Q3 2019 | 7.1% |
View Locust Wood Capital Advisers's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| Vertiv Holdings Co | February 08, 2021 | 3,107,727 | - |
| GS Acquisition Holdings Corp | February 04, 2020 | 5,246,499 | 6.0% |
| KAPSTONE PAPER & PACKAGING CORP | February 13, 2009 | 263,100 | 0.9% |
View Locust Wood Capital Advisers's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2023-11-08 |
| 13F-HR | 2023-08-08 |
| 13F-HR | 2023-05-05 |
| 13F-HR | 2023-01-30 |
| 13F-HR | 2022-11-01 |
| 13F-HR | 2022-07-20 |
| 13F-HR | 2022-05-16 |
| 13F-HR | 2022-01-24 |
| 13F-HR | 2021-10-20 |
| 13F-HR | 2021-07-26 |
View Locust Wood Capital Advisers's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.