Laffer Tengler Investments' Q2 2024 13F is in
Form 13F-HR for the quarter ended Jun 30, 2024 · filed Aug 14, 2024 · 393 reported positions · accession 0001376474-24-000452
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 % |
|---|---|---|---|---|---|---|
| Increased | US BANCORP DEL (USB) | 0.0% | 2.2% | +2.2 pts | +252K sh | +15172% |
| Exited | PIONEER NAT RES CO (PXD 0.25 05/15/25) | 1.4% | — | −1.4 pts | −1,894 sh | −100% |
| Increased | APPLE INC (AAPL) | 2.6% | 4.0% | +1.4 pts | +28,673 sh | +49% |
| Increased | ALPHABET INC CAP STOCK CL A (GOOGL) | 0.8% | 1.6% | +0.9 pts | +21,539 sh | +106% |
| Increased | BROADCOM INC (AVGO) | 3.1% | 3.9% | +0.8 pts | +2,293 sh | +26% |
| Increased | RTX CORPORATION COM (RTX) | 1.0% | 1.6% | +0.5 pts | +31,335 sh | +77% |
| New | DELL TECHNOLOGIES INC CL C (DELL) | — | 0.6% | +0.6 pts | +21,382 sh | new |
| Increased | LOCKHEED MARTIN CORP (LMT) | 0.1% | 0.7% | +0.6 pts | +6,153 sh | +815% |
| Reduced | UNITED PARCEL SERVICE INC CL B (UPS) | 0.8% | 0.1% | −0.8 pts | −19,657 sh | −91% |
| New | DUKE ENERGY CORP (DUK 4.125 04/15/26) | — | 0.6% | +0.6 pts | +2,599 sh | new |
| Exited | ENPHASE ENERGY INC (ENPH 0 03/01/26) | 0.5% | — | −0.5 pts | −2,266 sh | −100% |
| New | VENTAS REALTY LP (VTR 3.75 06/01/26) | — | 0.5% | +0.5 pts | +2,172 sh | new |
| Increased | CHEVRON CORP (CVX) | 2.2% | 2.3% | +0.1 pts | +14,111 sh | +27% |
| Exited | UGI CORP UNIT 06/01/24 (UGIC) | 0.5% | — | −0.5 pts | −30,590 sh | −100% |
| Increased | ABBVIE INC (ABBV) | 2.0% | 2.0% | 0.0 pts | +11,764 sh | +27% |
| Increased | AMAZON.COM INC (AMZN) | 1.6% | 1.8% | +0.2 pts | +9,901 sh | +30% |
| Exited | PNC FINANCIAL SERVICES GROUP INC (PNC) | 0.4% | — | −0.4 pts | −9,876 sh | −100% |
| New | LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | — | 0.4% | +0.4 pts | +1,509 sh | new |
| Increased | PALO ALTO NETWORKS INC (PANW) | 0.9% | 1.3% | +0.4 pts | +5,495 sh | +45% |
| New | MOTOROLA SOLUTIONS INC NEW (MSI) | — | 0.4% | +0.4 pts | +4,650 sh | new |
| Increased | QUANTA SERVICES (PWR) | 0.1% | 0.4% | +0.4 pts | +6,889 sh | +673% |
| Increased | MICROSOFT CORP (MSFT) | 3.9% | 3.9% | −0.1 pts | +3,909 sh | +11% |
| Increased | EATON CORP PLC (ETN) | 0.0% | 0.4% | +0.4 pts | +5,450 sh | +16515% |
| Increased | EMERSON ELECTRIC CO (EMR) | 1.4% | 1.5% | +0.1 pts | +15,316 sh | +33% |
| Increased | SERVICENOW INC (NOW) | 1.1% | 1.3% | +0.2 pts | +2,004 sh | +37% |
| Exited | LULULEMON (LULU) | 0.3% | — | −0.3 pts | −3,258 sh | −100% |
| Increased | AMERICAN EXPRESS CO (AXP) | 2.5% | 2.5% | −0.1 pts | +6,490 sh | +15% |
| Increased | JOHNSON & JOHNSON (JNJ) | 2.0% | 1.9% | −0.1 pts | +10,126 sh | +20% |
| Increased | COSTCO WHOLESALE CORP (COST) | 0.7% | 1.0% | +0.3 pts | +1,733 sh | +46% |
| Exited | ISHARES 1-5 YEAR INVESTMENT GRADE CORPORATE BOND (IGSB) | 0.3% | — | −0.3 pts | −23,805 sh | −100% |
| Exited | ISHARES 0-5 YEAR INVESTMENT GRADE CORPORATE BOND (SLQD) | 0.3% | — | −0.3 pts | −24,709 sh | −100% |
| New | JAZZ PHARMACEUTICALS PLC USD (JAZZ) | — | 0.3% | +0.3 pts | +13,450 sh | new |
| Reduced | PUBLIC STORAGE INC (PSA) | 0.5% | 0.1% | −0.4 pts | −4,959 sh | −73% |
| New | BLACKROCK AAA CLO ETF (CLOA) | — | 0.3% | +0.3 pts | +26,957 sh | new |
| Increased | GOLDMAN SACHS GROUP INC (GS) | 2.0% | 2.1% | +0.1 pts | +3,077 sh | +16% |
| Increased | STRYKER CORPORATION (SYK) | 0.2% | 0.5% | +0.3 pts | +4,064 sh | +187% |
| Increased | ADOBE SYSTEMS INCORPORATED (ADBE) | 0.8% | 1.0% | +0.2 pts | +2,270 sh | +38% |
| Reduced | HONEYWELL INTL INC (HON) | 0.7% | 0.4% | −0.4 pts | −5,785 sh | −41% |
| Increased | WAL-MART INC (WMT) | 1.7% | 1.8% | +0.2 pts | +18,166 sh | +17% |
| Increased | CROWDSTRIKE HOLDINGS INC CL A (CRWD) | 0.2% | 0.4% | +0.3 pts | +3,079 sh | +164% |
| Increased | WASTE MANAGEMENT INC DEL (WM) | 0.0% | 0.2% | +0.2 pts | +5,350 sh | +11630% |
| Increased | ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | 0.2% | 0.4% | +0.2 pts | +1,130 sh | +163% |
| Increased | CHIPOTLE MEXICAN GRILL INC (CMG) | 0.9% | 1.0% | +0.1 pts | +17,273 sh | +29% |
| New | PARKER-HANNIFIN CORP (PH) | — | 0.2% | +0.2 pts | +2,000 sh | new |
| Increased | HOME DEPOT INC (HD) | 2.3% | 1.9% | −0.4 pts | +2,887 sh | +12% |
| Increased | LAM RESEARCH CORP (LRCX) | 2.1% | 2.1% | 0.0 pts | +795 sh | +9% |
| Increased | ISHARES TR 0-5YR HI YL CP (SHYG) | 0.2% | 0.4% | +0.1 pts | +19,846 sh | +99% |
| Increased | JPMORGAN CHASE & CO (JPM) | 2.6% | 2.3% | −0.2 pts | +3,889 sh | +8% |
| New | FIRSTENERGY CORP (FE 4 05/01/26) | — | 0.2% | +0.2 pts | +763 sh | new |
| Increased | STARBUCKS CORP (SBUX) | 1.1% | 1.0% | −0.2 pts | +9,757 sh | +20% |
The 50 largest of 312 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
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- LABCORP HOLDINGS INC (LH): 50540R409 → 504922105, 29 → 29 shares
Top 10 positions — 27.3% of the equity book
Changes in the top 10 this quarter: USB entered · GS entered · HD left · ABBV left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | APPLE INC (AAPL) | 2.6% | 4.0% | |
| 2 | BROADCOM INC (AVGO) | 3.1% | 3.9% | |
| 3 | MICROSOFT CORP (MSFT) | 3.9% | 3.9% | |
| 4 | AMERICAN EXPRESS CO (AXP) | 2.5% | 2.5% | |
| 5 | JPMORGAN CHASE & CO (JPM) | 2.6% | 2.3% | |
| 6 | CHEVRON CORP (CVX) | 2.2% | 2.3% | |
| 7 | US BANCORP DEL (USB) | 0.0% | 2.2% | Entered the top 10 |
| 8 | LAM RESEARCH CORP (LRCX) | 2.1% | 2.1% | |
| 9 | GOLDMAN SACHS GROUP INC (GS) | 2.0% | 2.1% | Entered the top 10 |
| 10 | ORACLE CORP (ORCL) | 2.0% | 2.0% | |
| — | HOME DEPOT INC (HD) | 2.3% | 1.9% | Left the top 10 |
| — | ABBVIE INC (ABBV) | 2.0% | 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).