Laffer Tengler Investments' Q1 2024 13F is in
Form 13F-HR for the quarter ended Mar 31, 2024 · filed May 15, 2024 · 409 reported positions · accession 0000909012-24-000058
This filing covers a somewhat different set of reporting entities than the fund's prior filing, so a few of the changes below may reflect that rather than trading.
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | PNC FINANCIAL SERVICES GROUP INC (PNC) | 1.6% | 0.4% | −1.2 pts | −28,288 sh | −74% |
| Increased | PROLOGIS (PLD) | 0.0% | 1.1% | +1.1 pts | +32,077 sh | +45179% |
| Reduced | PUBLIC STORAGE INC (PSA) | 1.7% | 0.5% | −1.2 pts | −14,182 sh | −68% |
| Increased | BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG (BAM) | 0.1% | 1.2% | +1.0 pts | +95,900 sh | +686% |
| Exited | ARES CAPITAL CORP (ARCC 4.625 03/01/24) | 1.0% | — | −1.0 pts | −3,459 sh | −100% |
| Reduced | CISCO SYSTEMS INC (CSCO) | 1.1% | 0.2% | −0.9 pts | −68,481 sh | −82% |
| Exited | WESTERN DIGITAL CORP. (WDC 1.5 02/01/24) | 0.8% | — | −0.8 pts | −3,168 sh | −100% |
| Increased | APPLE INC (AAPL) | 2.1% | 2.6% | +0.5 pts | +17,974 sh | +44% |
| Reduced | PROCTER AND GAMBLE CO (PG) | 0.9% | 0.2% | −0.7 pts | −17,972 sh | −77% |
| New | ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) | — | 0.7% | +0.7 pts | +2,813 sh | new |
| Reduced | BROADCOM INC (AVGO) | 3.3% | 3.1% | −0.2 pts | −2,023 sh | −18% |
| Exited | SPLUNK INC (SPLK 1.125 09/15/25) | 0.7% | — | −0.7 pts | −2,282 sh | −100% |
| New | SOUTHERN CO (SO 3.875 12/15/25) | — | 0.6% | +0.6 pts | +2,468 sh | new |
| New | PPL CAP FUNDING INC (PPL 2.875 03/15/28) | — | 0.6% | +0.6 pts | +2,599 sh | new |
| Reduced | ISHARES TREASURY FLOATING RATE BOND ETF (TFLO) | 0.9% | 0.3% | −0.6 pts | −43,981 sh | −62% |
| New | ALBEMARLE CORP 7.25 percent DEP A (ALBPRA) | — | 0.6% | +0.6 pts | +37,285 sh | new |
| New | ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | — | 0.5% | +0.5 pts | +2,144 sh | new |
| Reduced | STEEL DYNAMICS INC (STLD) | 1.9% | 1.8% | −0.1 pts | −14,265 sh | −23% |
| Exited | AES CORP 02/15/24 (AESC) | 0.5% | — | −0.5 pts | −25,237 sh | −100% |
| Reduced | LAM RESEARCH CORP (LRCX) | 2.2% | 2.1% | 0.0 pts | −1,965 sh | −19% |
| Exited | WINNEBAGO INDS INC (WGO 1.5 04/01/25) | 0.4% | — | −0.4 pts | −1,248 sh | −100% |
| Reduced | TEXAS INSTRUMENTS INC (TXN) | 1.7% | 1.4% | −0.4 pts | −7,981 sh | −21% |
| Increased | ADOBE SYSTEMS INCORPORATED (ADBE) | 0.6% | 0.8% | +0.2 pts | +2,516 sh | +72% |
| Exited | EXPEDIA GROUP INC (EXPE 0 02/15/26) | 0.3% | — | −0.3 pts | −1,025 sh | −100% |
| Increased | JPMORGAN CHASE & CO (JPM) | 2.0% | 2.6% | +0.5 pts | +4,917 sh | +11% |
| Increased | VERTEX PHARMACEUTICALS INC (VRTX) | 0.0% | 0.2% | +0.2 pts | +2,246 sh | +32086% |
| Increased | EMERSON ELECTRIC CO (EMR) | 1.0% | 1.4% | +0.4 pts | +7,672 sh | +20% |
| Reduced | EOG RESOURCES INC (EOG) | 1.4% | 1.3% | −0.2 pts | −6,298 sh | −14% |
| Increased | INVESCO QQQ TRUST (QQQ) | 0.0% | 0.2% | +0.2 pts | +1,772 sh | +5538% |
| Increased | TESLA INC (TSLA) | 0.5% | 0.5% | +0.1 pts | +4,395 sh | +64% |
| Exited | SPDR BARCLAYS CONVERTIBLE SECURITIES ETF (CWB) | 0.2% | — | −0.2 pts | −10,061 sh | −100% |
| Increased | L3HARRIS TECHNOLOGIES INC (LHX) | 1.1% | 1.2% | +0.2 pts | +3,473 sh | +18% |
| Reduced | VANECK ETF TR (FLTR) | 0.5% | 0.3% | −0.2 pts | −27,459 sh | −39% |
| Increased | AMAZON.COM INC (AMZN) | 1.2% | 1.6% | +0.4 pts | +3,811 sh | +13% |
| New | ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | — | 0.2% | +0.2 pts | +695 sh | new |
| Reduced | DIAMONDBACK ENERGY INC (FANG) | 0.6% | 0.6% | 0.0 pts | −3,404 sh | −23% |
| Reduced | ILLINOIS TOOL WORKS INC (ITW) | 1.5% | 1.3% | −0.2 pts | −2,507 sh | −12% |
| Increased | ETF OPPORTUNITIES TRUST LAFFER TEN EQ IN (TGLR) | 0.0% | 0.2% | +0.2 pts | +23,628 sh | +2661% |
| Reduced | NXP SEMICONDUCTORS NV (NXPI) | 1.5% | 1.4% | −0.1 pts | −2,593 sh | −11% |
| Increased | GOLDMAN SACHS GROUP INC (GS) | 1.8% | 2.0% | +0.2 pts | +1,464 sh | +8% |
| New | CROWDSTRIKE HOLDINGS INC CL A (CRWD) | — | 0.2% | +0.2 pts | +1,873 sh | new |
| Reduced | INVESCO ACTIVELY MANAGED ETF VAR RATE INVT (VRIG) | 0.5% | 0.3% | −0.2 pts | −23,235 sh | −33% |
| Reduced | ABBVIE INC (ABBV) | 1.9% | 2.0% | +0.1 pts | −3,153 sh | −7% |
| Increased | ALPHABET INC CAP STOCK CL A (GOOGL) | 0.6% | 0.8% | +0.2 pts | +3,689 sh | +22% |
| Increased | CARRIER GLOBAL CORPORATION (CARR) | 1.4% | 1.5% | +0.1 pts | +9,573 sh | +11% |
| New | NUVEEN MUNI TR HIGH YIELD MUNI A | — | 0.1% | +0.1 pts | +35,494 sh | new |
| Reduced | JPMORGAN EQUITY PREMIUM INCOME ETF (JEPI) | 0.2% | 0.0% | −0.1 pts | −9,115 sh | −76% |
| Reduced | HOME DEPOT INC (HD) | 2.3% | 2.3% | 0.0 pts | −1,367 sh | −6% |
| Reduced | SALESFORCE.COM INC (CRM) | 0.4% | 0.4% | −0.1 pts | −1,692 sh | −27% |
| Reduced | MCDONALDS CORP (MCD) | 2.1% | 1.8% | −0.3 pts | −1,780 sh | −7% |
The 50 largest of 494 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 25.3% of the equity book
Changes in the top 10 this quarter: ABBV entered · ORCL entered · MCD left · JNJ left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | MICROSOFT CORP (MSFT) | 3.6% | 3.9% | |
| 2 | BROADCOM INC (AVGO) | 3.3% | 3.1% | |
| 3 | APPLE INC (AAPL) | 2.1% | 2.6% | |
| 4 | JPMORGAN CHASE & CO (JPM) | 2.0% | 2.6% | |
| 5 | AMERICAN EXPRESS CO (AXP) | 2.0% | 2.5% | |
| 6 | HOME DEPOT INC (HD) | 2.3% | 2.3% | |
| 7 | CHEVRON CORP (CVX) | 2.2% | 2.2% | |
| 8 | LAM RESEARCH CORP (LRCX) | 2.2% | 2.1% | |
| 9 | ABBVIE INC (ABBV) | 1.9% | 2.0% | Entered the top 10 |
| 10 | ORACLE CORP (ORCL) | 1.7% | 2.0% | Entered the top 10 |
| — | MCDONALDS CORP (MCD) | 2.1% | 1.8% | Left the top 10 |
| — | JOHNSON & JOHNSON (JNJ) | 2.1% | 2.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).