Minneapolis Portfolio Management Group LLC's Q3 2023 13F: 3 new positions, 1 exit
Form 13F-HR for the quarter ended Sep 30, 2023 · filed Nov 1, 2023 · 29 reported positions · accession 0001437749-23-029575
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | Fedex Corp (FDX) | 5.8% | 3.6% | −2.2 pts | −84,136 sh | −48% |
| New | Generac Hldgs Inc (GNRC) | — | 2.1% | +2.1 pts | +130K sh | new |
| Reduced | Caterpillar Inc (CAT) | 4.6% | 4.5% | −0.1 pts | −28,495 sh | −20% |
| Exited | Petiq Inc (PETQ) | 1.0% | — | −1.0 pts | −497K sh | −100% |
| Increased | Cisco Sys Inc (CSCO) | 3.0% | 4.1% | +1.1 pts | +73,052 sh | +17% |
| Reduced | Oracle Corp (ORCL) | 6.5% | 6.1% | −0.4 pts | −20,109 sh | −5% |
| Reduced | General Mtrs Co (GM) | 4.5% | 4.0% | −0.5 pts | −59,882 sh | −7% |
| Reduced | Parker-Hannifin Corp (PH) | 4.4% | 4.7% | +0.3 pts | −4,396 sh | −5% |
| Reduced | Crane NXT Co (CXT) | 4.4% | 4.6% | +0.2 pts | −28,970 sh | −5% |
| Reduced | Unitedhealth Group Inc (UNH) | 2.9% | 3.2% | +0.3 pts | −2,791 sh | −6% |
| Reduced | Simon PPTY Group Inc New (SPG) | 4.4% | 4.4% | 0.0 pts | −12,932 sh | −5% |
| Reduced | Corning Inc (GLW) | 4.9% | 4.6% | −0.3 pts | −45,467 sh | −4% |
| Reduced | Boeing Co (BA) | 4.4% | 4.2% | −0.1 pts | −6,940 sh | −4% |
| Reduced | Terex Corp New (TEX) | 4.3% | 4.4% | +0.1 pts | −21,708 sh | −4% |
| Reduced | Medtronic plc (MDT) | 3.7% | 3.5% | −0.2 pts | −15,883 sh | −5% |
| Reduced | Orion S.A. (OEC) | 5.3% | 5.7% | +0.5 pts | −57,218 sh | −3% |
| Reduced | Popular Inc (BPOP) | 3.8% | 4.2% | +0.4 pts | −18,131 sh | −4% |
| Reduced | Coherent Corp (COHR) | 4.0% | 2.7% | −1.3 pts | −31,365 sh | −5% |
| Reduced | Deere & Co (DE) | 3.8% | 3.8% | 0.0 pts | −2,696 sh | −4% |
| Reduced | International Business Machs (IBM) | 3.8% | 4.3% | +0.5 pts | −7,175 sh | −3% |
| Reduced | Canadian Pacific Kansas City (CP) | 3.6% | 3.6% | 0.0 pts | −12,955 sh | −4% |
| Reduced | Baker Hughes Company (BKR) | 2.7% | 3.2% | +0.5 pts | −27,165 sh | −4% |
| Reduced | Las Vegas Sands Corp (LVS) | 2.6% | 2.2% | −0.4 pts | −18,959 sh | −6% |
| Reduced | Sony Group Corp (SONY) | 4.3% | 4.3% | 0.0 pts | −8,428 sh | −2% |
| Reduced | Exxon Mobil Corp (XOM) | 2.7% | 3.2% | +0.5 pts | −4,696 sh | −2% |
| New | Occidental Pete Corp (OXY) | — | 0.0% | 0.0 pts | +4,700 sh | new |
| New | Crane Company (CR) | — | 0.0% | 0.0 pts | +3,035 sh | new |
| Reduced | Qualcomm Inc (QCOM) | 4.0% | 4.2% | +0.1 pts | −1,854 sh | −1% |
| Reduced | Qurate Retail Inc (QVCGA) | 0.7% | 0.4% | −0.2 pts | −91,933 sh | −2% |
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 — 47.6% of the equity book
Changes in the top 10 this quarter: TEX entered · SONY entered · IBM entered · FDX left · GM left · BA left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | Oracle Corp (ORCL) | 6.5% | 6.1% | |
| 2 | Orion S.A. (OEC) | 5.3% | 5.7% | |
| 3 | Parker-Hannifin Corp (PH) | 4.4% | 4.7% | |
| 4 | Crane NXT Co (CXT) | 4.4% | 4.6% | |
| 5 | Corning Inc (GLW) | 4.9% | 4.6% | |
| 6 | Caterpillar Inc (CAT) | 4.6% | 4.5% | |
| 7 | Terex Corp New (TEX) | 4.3% | 4.4% | Entered the top 10 |
| 8 | Simon PPTY Group Inc New (SPG) | 4.4% | 4.4% | |
| 9 | Sony Group Corp (SONY) | 4.3% | 4.3% | Entered the top 10 |
| 10 | International Business Machs (IBM) | 3.8% | 4.3% | Entered the top 10 |
| — | Fedex Corp (FDX) | 5.8% | 3.6% | Left the top 10 |
| — | General Mtrs Co (GM) | 4.5% | 4.0% | Left the top 10 |
| — | Boeing Co (BA) | 4.4% | 4.2% | 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).