$2.15 Billion is the total value of Locust Wood Capital Advisers's 49 reported holdings in Q2 2023. The portfolio turnover from Q1 2023 to Q2 2023 was 35.6% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| Buy | LINDE PLC | $164,693,843 | +10.2% | 432,177 | +2.8% | 7.65% | -12.6% | |
| VRT | Buy | VERTIV HOLDINGS CO | $109,260,187 | +85.7% | 4,410,989 | +7.3% | 5.07% | +47.3% |
| ANTM | Buy | ELEVANCE HEALTH INC | $103,490,562 | +7.4% | 232,935 | +11.1% | 4.81% | -14.8% |
| New | CANADIAN PACIFIC KANSAS CITY | $93,936,260 | – | 1,163,009 | +100.0% | 4.36% | – | |
| TSM | Buy | TAIWAN SEMICONDUCTOR MFG LTDsponsored ads | $92,151,039 | +13.1% | 913,110 | +4.3% | 4.28% | -10.3% |
| SPGI | Buy | S&P GLOBAL INC | $86,946,911 | +21.0% | 216,885 | +4.0% | 4.04% | -4.1% |
| Buy | APOLLO GLOBAL MGMT INC | $78,865,572 | +29.4% | 1,026,762 | +6.4% | 3.66% | +2.6% | |
| AMZN | Buy | AMAZON COM INC | $77,335,288 | +34.6% | 593,244 | +6.7% | 3.59% | +6.7% |
| ABT | Buy | ABBOTT LABS | $71,046,629 | +17.3% | 651,684 | +9.0% | 3.30% | -6.9% |
| STE | Buy | STERIS PLC | $68,461,488 | +43.5% | 304,300 | +22.0% | 3.18% | +13.8% |
| SU | Buy | SUNCOR ENERGY INC NEW | $67,121,499 | +10.4% | 2,289,273 | +17.0% | 3.12% | -12.4% |
| V | Buy | VISA INC | $66,645,167 | +12.2% | 280,635 | +6.5% | 3.10% | -11.0% |
| SPY | New | SPDR S&P 500 ETF TRput | $65,162,160 | – | 147,000 | +100.0% | 3.03% | – |
| MSFT | Sell | MICROSOFT CORP | $63,964,537 | +12.2% | 187,833 | -5.0% | 2.97% | -11.0% |
| GOOGL | Sell | ALPHABET INCcap stk cl a | $63,391,564 | +4.6% | 529,587 | -9.3% | 2.94% | -17.0% |
| HON | Sell | HONEYWELL INTL INC | $61,920,743 | +7.0% | 298,413 | -1.4% | 2.88% | -15.1% |
| WM | Buy | WASTE MGMT INC DEL | $60,131,469 | +15.4% | 346,739 | +8.6% | 2.79% | -8.5% |
| BAX | Buy | BAXTER INTL INC | $59,490,745 | +38.1% | 1,305,767 | +22.9% | 2.76% | +9.5% |
| CRM | Sell | SALESFORCE INC | $58,652,114 | -11.5% | 277,630 | -16.3% | 2.72% | -29.8% |
| AMT | Buy | AMERICAN TOWER CORP NEW | $57,110,751 | -0.0% | 294,476 | +5.3% | 2.65% | -20.7% |
| PCG | Buy | PG&E CORP | $56,467,411 | +22.5% | 3,267,790 | +14.7% | 2.62% | -2.8% |
| JPM | Buy | JPMORGAN CHASE & CO | $55,892,266 | +16.8% | 384,298 | +4.6% | 2.60% | -7.4% |
| TSM | TAIWAN SEMICONDUCTOR MFG LTDput | $49,208,592 | +8.5% | 487,600 | 0.0% | 2.28% | -14.0% | |
| LH | New | LABORATORY CORP AMER HLDGS | $47,149,627 | – | 195,374 | +100.0% | 2.19% | – |
| AAPL | Sell | APPLE INC | $45,372,964 | +13.4% | 233,917 | -3.6% | 2.11% | -10.0% |
| ESI | Buy | ELEMENT SOLUTIONS INC | $43,761,827 | +0.7% | 2,279,262 | +1.3% | 2.03% | -20.1% |
| BRKB | Buy | BERKSHIRE HATHAWAY INC DELcl b new | $41,048,898 | +24.8% | 120,378 | +13.0% | 1.91% | -1.0% |
| RH | Buy | RH | $35,073,649 | +63.4% | 106,416 | +20.8% | 1.63% | +29.6% |
| UNH | Buy | UNITEDHEALTH GROUP INC | $31,101,441 | +8.5% | 64,708 | +6.7% | 1.44% | -14.0% |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $26,926,120 | +11.2% | 52 | 0.0% | 1.25% | -11.8% | |
| CZR | Buy | CAESARS ENTERTAINMENT INC NE | $25,564,870 | +50.9% | 501,567 | +44.5% | 1.19% | +19.7% |
| CRM | New | SALESFORCE INCput | $20,238,708 | – | 95,800 | +100.0% | 0.94% | – |
| GOOGL | New | ALPHABET INCput | $14,842,800 | – | 124,000 | +100.0% | 0.69% | – |
| CZR | Buy | CAESARS ENTERTAINMENT INC NEcall | $13,761,900 | +571.3% | 270,000 | +542.9% | 0.64% | +432.5% |
| PCG | Sell | PG&E CORPcall | $13,409,280 | +1.0% | 776,000 | -5.5% | 0.62% | -19.8% |
| AAPL | New | APPLE INCput | $12,511,065 | – | 64,500 | +100.0% | 0.58% | – |
| New | CANADIAN PACIFIC KANSAS CITYput | $9,975,095 | – | 123,500 | +100.0% | 0.46% | – | |
| V | Sell | VISA INCcall | $8,549,280 | -13.8% | 36,000 | -18.2% | 0.40% | -31.7% |
| MSFT | Buy | MICROSOFT CORPput | $8,513,500 | +47.7% | 25,000 | +25.0% | 0.40% | +16.9% |
| LINDE PLCcall | $6,897,548 | +7.2% | 18,100 | 0.0% | 0.32% | -15.1% | ||
| TSM | TAIWAN SEMICONDUCTOR MFG LTDcall | $3,633,120 | +8.5% | 36,000 | 0.0% | 0.17% | -13.8% | |
| SGU | Sell | STAR GROUP L Punit ltd partnr | $2,306,354 | +3.6% | 168,840 | -1.6% | 0.11% | -17.7% |
| PCAR | New | PACCAR INC | $2,255,204 | – | 26,960 | +100.0% | 0.10% | – |
| ETN | EATON CORP PLC | $2,108,534 | +17.4% | 10,485 | 0.0% | 0.10% | -6.7% | |
| PH | Sell | PARKER-HANNIFIN CORP | $2,086,714 | +3.8% | 5,350 | -10.5% | 0.10% | -17.8% |
| ALLE | ALLEGION PLC | $1,891,515 | +12.5% | 15,760 | 0.0% | 0.09% | -10.2% | |
| JCI | New | JOHNSON CTLS INTL PLC | $1,829,559 | – | 26,850 | +100.0% | 0.08% | – |
| VRT | New | VERTIV HOLDINGS COcall | $891,720 | – | 36,000 | +100.0% | 0.04% | – |
| HEP | Sell | HOLLY ENERGY PARTNERS L P | $362,045 | -33.7% | 19,570 | -37.8% | 0.02% | -46.9% |
| AMT | Exit | AMERICAN TOWER CORP NEWcall | $0 | – | -3,000 | -100.0% | -0.04% | – |
| MMM | Exit | 3M CO | $0 | – | -15,220 | -100.0% | -0.09% | – |
| AGCO | Exit | AGCO CORP | $0 | – | -12,860 | -100.0% | -0.10% | – |
| Exit | APOLLO GLOBAL MGMT INCput | $0 | – | -120,000 | -100.0% | -0.44% | – | |
| XLP | Exit | SELECT SECTOR SPDR TRput | $0 | – | -191,000 | -100.0% | -0.84% | – |
| CP | Exit | CANADIAN PAC RY LTD | $0 | – | -1,134,985 | -100.0% | -5.11% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-08-08
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 | 42 | Q3 2023 | 5.5% |
| APPLE INC | 42 | Q3 2023 | 5.5% |
| BERKSHIRE HATHAWAY INC DEL | 42 | Q3 2023 | 4.5% |
| BERKSHIRE HATHAWAY INC DEL | 42 | Q3 2023 | 3.0% |
| STAR GROUP L P | 42 | Q3 2023 | 1.4% |
| HONEYWELL INTL INC | 36 | Q3 2023 | 4.3% |
| MICROSOFT CORP | 33 | Q3 2023 | 5.6% |
| SUNCOR ENERGY INC NEW | 32 | Q3 2023 | 8.8% |
| ABBOTT LABS | 29 | Q3 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 | 2024-02-07 |
| 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 |
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.