MARVIN & PALMER ASSOCIATES INC's Q4 2024 13F: 10 new positions, 15 exits
Form 13F-HR for the quarter ended Dec 31, 2024 · filed Feb 7, 2025 · 27 reported positions · accession 0000898432-25-000095
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | SPDR S&P BIOTECH ETF (XBI) | 6.4% | — | −6.4 pts | −76,769 sh | −100% |
| New | AMAZON.COM INC (AMZN) | — | 6.3% | +6.3 pts | +37,858 sh | new |
| Exited | SPDR S&P 500 ETF TRUST (SPY) | 5.6% | — | −5.6 pts | −11,715 sh | −100% |
| New | AMERIPRISE FINANCIAL INC (AMP) | — | 5.6% | +5.6 pts | +13,749 sh | new |
| New | BLACKSTONE INC (BX) | — | 5.4% | +5.4 pts | +40,691 sh | new |
| New | MORGAN STANLEY (MS) | — | 5.2% | +5.2 pts | +54,377 sh | new |
| Exited | CARLISLE COS INC (CSL) | 5.1% | — | −5.1 pts | −13,466 sh | −100% |
| New | ORACLE CORP (ORCL) | — | 4.7% | +4.7 pts | +37,005 sh | new |
| New | INVESCO QQQ TRUST SERIES 1 (QQQ) | — | 3.6% | +3.6 pts | +9,320 sh | new |
| Exited | ISHARES CORE S&P SMALL-CAP ETF (IJR) | 3.2% | — | −3.2 pts | −32,655 sh | −100% |
| Exited | INTERCONTINENTAL EXCHANGE INC (ICE) | 2.6% | — | −2.6 pts | −19,633 sh | −100% |
| Exited | ABBVIE INC (ABBV) | 2.6% | — | −2.6 pts | −15,848 sh | −100% |
| Exited | BROWN & BROWN INC (BRO) | 2.6% | — | −2.6 pts | −30,184 sh | −100% |
| Exited | VERTEX PHARMACEUTICALS INC (VRTX) | 2.5% | — | −2.5 pts | −6,467 sh | −100% |
| Exited | VANGUARD VALUE ETF (VTV) | 2.5% | — | −2.5 pts | −17,010 sh | −100% |
| New | SERVICENOW INC (NOW) | — | 2.5% | +2.5 pts | +3,031 sh | new |
| Exited | ALPHABET INC (GOOGL) | 2.3% | — | −2.3 pts | −16,634 sh | −100% |
| New | LOWE'S COS INC (LOW) | — | 2.2% | +2.2 pts | +11,759 sh | new |
| Reduced | UNITED RENTALS INC (URI) | 5.6% | 2.2% | −3.4 pts | −4,101 sh | −50% |
| Exited | ISHARES CHINA LARGE-CAP ETF (FXI) | 2.2% | — | −2.2 pts | −81,510 sh | −100% |
| Increased | APPLE INC (AAPL) | 2.5% | 4.6% | +2.1 pts | +11,266 sh | +87% |
| New | MARVELL TECHNOLOGY INC (MRVL) | — | 2.0% | +2.0 pts | +24,104 sh | new |
| Increased | SELECT SECTOR SPDR TR (XLF) | 0.2% | 2.2% | +2.0 pts | +53,490 sh | +853% |
| Exited | ISHARES MSCI INDIA ETF (INDA) | 1.7% | — | −1.7 pts | −35,388 sh | −100% |
| Exited | ISHARES MSCI JAPAN ETF (EWJ) | 1.6% | — | −1.6 pts | −26,540 sh | −100% |
| New | LUMENTUM HOLDINGS INC (LITE) | — | 1.5% | +1.5 pts | +22,990 sh | new |
| Increased | T-MOBILE US INC (TMUS) | 2.5% | 3.8% | +1.3 pts | +8,109 sh | +57% |
| Increased | TRANE TECHNOLOGIES PLC (TT) | 2.7% | 3.7% | +1.0 pts | +4,799 sh | +58% |
| Reduced | KKR & CO INC (KKR) | 6.6% | 5.6% | −1.0 pts | −10,548 sh | −18% |
| Reduced | INTERACTIVE BROKERS GROUP INC (IBKR) | 5.7% | 5.6% | −0.1 pts | −7,643 sh | −16% |
| Increased | GRUPO FINANCIERO GALICIA SA (GGAL) | 0.8% | 1.9% | +1.1 pts | +18,070 sh | +85% |
| Increased | PARKER-HANNIFIN CORP (PH) | 4.9% | 5.0% | +0.1 pts | +1,103 sh | +12% |
| Reduced | GOLDMAN SACHS GROUP INC (GS) | 6.0% | 5.8% | −0.2 pts | −1,181 sh | −8% |
| Reduced | HILTON WORLDWIDE HOLDINGS INC (HLT) | 2.9% | 2.6% | −0.4 pts | −1,527 sh | −10% |
| Exited | ISHARES MSCI SINGAPORE ETF (EWS) | 0.1% | — | −0.1 pts | −4,900 sh | −100% |
| Exited | ISHARES MSCI MALAYSIA ETF (EWM) | 0.1% | — | −0.1 pts | −2,715 sh | −100% |
| Reduced | META PLATFORMS INC (META) | 2.6% | 2.4% | −0.2 pts | −67 sh | −1% |
| Reduced | COSTCO WHSL CORP NEW (COST) | 2.7% | 2.6% | −0.2 pts | −37 sh | −1% |
| Reduced | INTUITIVE SURGICAL INC (ISRG) | 4.8% | 4.7% | −0.2 pts | −50 sh | 0% |
| Reduced | JPMORGAN CHASE & CO (JPM) | 2.3% | 2.3% | +0.1 pts | −95 sh | −1% |
| Reduced | NVIDIA CORP (NVDA) | 4.7% | 4.7% | 0.0 pts | −162 sh | 0% |
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 — 53.9% of the equity book
Changes in the top 10 this quarter: AMZN entered · AMP entered · BX entered · MS entered · ORCL entered · XBI left · SPY left · URI left · CSL left · ISRG left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | AMAZON.COM INC (AMZN) | 0.0% | 6.3% | Entered the top 10 |
| 2 | GOLDMAN SACHS GROUP INC (GS) | 6.0% | 5.8% | |
| 3 | AMERIPRISE FINANCIAL INC (AMP) | 0.0% | 5.6% | Entered the top 10 |
| 4 | KKR & CO INC (KKR) | 6.6% | 5.6% | |
| 5 | INTERACTIVE BROKERS GROUP INC (IBKR) | 5.7% | 5.6% | |
| 6 | BLACKSTONE INC (BX) | 0.0% | 5.4% | Entered the top 10 |
| 7 | MORGAN STANLEY (MS) | 0.0% | 5.2% | Entered the top 10 |
| 8 | PARKER-HANNIFIN CORP (PH) | 4.9% | 5.0% | |
| 9 | ORACLE CORP (ORCL) | 0.0% | 4.7% | Entered the top 10 |
| 10 | NVIDIA CORP (NVDA) | 4.7% | 4.7% | |
| — | SPDR S&P BIOTECH ETF (XBI) | 6.4% | 0.0% | Left the top 10 |
| — | SPDR S&P 500 ETF TRUST (SPY) | 5.6% | 0.0% | Left the top 10 |
| — | UNITED RENTALS INC (URI) | 5.6% | 2.2% | Left the top 10 |
| — | CARLISLE COS INC (CSL) | 5.1% | 0.0% | Left the top 10 |
| — | INTUITIVE SURGICAL INC (ISRG) | 4.8% | 4.7% | 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).