Morse Asset Management Inc's Q1 2022 13F: 29 new positions, 34 exits
Form 13F-HR for the quarter ended Mar 31, 2022 · filed May 12, 2022 · 162 reported positions · accession 0001705711-22-000004
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | Mosaic Co (MOS) | — | 1.2% | +1.2 pts | +74,877 sh | new |
| Increased | Devon Energy Corp (DVN) | 0.7% | 2.3% | +1.6 pts | +83,680 sh | +112% |
| Increased | Freeport-McMoran Inc (FCX) | 0.3% | 1.6% | +1.3 pts | +97,840 sh | +295% |
| Reduced | Microsoft Corp (MSFT) | 4.9% | 4.0% | −0.9 pts | −12,518 sh | −19% |
| Increased | Pioneer Natural Resources Co (PXD) | 0.2% | 1.2% | +1.0 pts | +14,395 sh | +270% |
| Increased | Tesla Motors Inc (TSLA) | 1.1% | 2.1% | +1.0 pts | +3,035 sh | +65% |
| Exited | Apollo Global Mgmt Inc Cl A (APO) | 0.8% | — | −0.8 pts | −47,733 sh | −100% |
| New | Newmont Mining Corp (NEM) | — | 0.8% | +0.8 pts | +39,020 sh | new |
| Reduced | Thermo Fisher Scientific Inc (TMO) | 2.7% | 1.9% | −0.8 pts | −5,097 sh | −28% |
| Reduced | D R Horton Inc (DHI) | 1.2% | 0.2% | −1.0 pts | −40,130 sh | −83% |
| New | Raytheon Technologies Corp (RTX) | — | 0.7% | +0.7 pts | +27,912 sh | new |
| Increased | Booking Holdings Inc (BKNG) | 0.4% | 1.1% | +0.7 pts | +1,167 sh | +160% |
| Exited | Shopify Inc Cl A (SHOP) | 0.7% | — | −0.7 pts | −2,187 sh | −100% |
| Reduced | Amazon.com Inc (AMZN) | 6.8% | 6.7% | −0.1 pts | −811 sh | −9% |
| Reduced | Broadcom Inc Com (AVGO) | 1.1% | 0.6% | −0.5 pts | −3,723 sh | −49% |
| Exited | Bio Techne Corp (TECH) | 0.6% | — | −0.6 pts | −4,998 sh | −100% |
| Increased | Cleveland Cliffs Inc (CLF) | 0.1% | 0.8% | +0.7 pts | +70,000 sh | +233% |
| Reduced | Paypal Holdings Inc (PYPL) | 2.7% | 1.3% | −1.4 pts | −19,429 sh | −31% |
| Reduced | Adobe Inc (ADBE) | 2.1% | 1.3% | −0.8 pts | −4,844 sh | −29% |
| Increased | Dow Inc (DOW) | 0.1% | 0.6% | +0.5 pts | +32,795 sh | +521% |
| Reduced | Facebook Inc Cl A (META) | 2.9% | 1.6% | −1.3 pts | −9,302 sh | −24% |
| Reduced | Horizon Therapeutics Pub Ltd (HZNP) | 0.8% | 0.3% | −0.4 pts | −19,370 sh | −60% |
| New | BHP Billiton Ltd Sp ADR (BHP) | — | 0.5% | +0.5 pts | +24,000 sh | new |
| Increased | Chubb Limited (CB) | 0.1% | 0.6% | +0.5 pts | +8,635 sh | +432% |
| Reduced | KLA-Tencor Corp (KLAC) | 1.9% | 1.3% | −0.6 pts | −5,007 sh | −25% |
| Reduced | NXP Semiconductors NV (NXPI) | 2.5% | 1.8% | −0.7 pts | −9,711 sh | −20% |
| Increased | Chevron Corp (CVX) | 0.5% | 1.2% | +0.7 pts | +10,897 sh | +58% |
| Reduced | NVIDIA Corp (NVDA) | 2.3% | 2.0% | −0.4 pts | −6,480 sh | −18% |
| New | Valero Energy Corp (VLO) | — | 0.4% | +0.4 pts | +17,300 sh | new |
| Exited | Affirm Holdings Inc Cl A (AFRM) | 0.4% | — | −0.4 pts | −19,140 sh | −100% |
| Reduced | Sea Ltd ADR (SE) | 1.4% | 0.4% | −1.0 pts | −14,429 sh | −52% |
| Reduced | Lauder Estee Cos Inc Cl A (EL) | 1.3% | 0.6% | −0.7 pts | −6,264 sh | −41% |
| Increased | Schwab Charles Corp (SCHW) | 0.2% | 0.6% | +0.4 pts | +19,435 sh | +177% |
| Reduced | Taiwan Semiconductor Mfg Ltd S (TSM) | 0.5% | 0.1% | −0.4 pts | −15,220 sh | −82% |
| Increased | L3harris Technologies Inc (LHX) | 0.2% | 0.7% | +0.4 pts | +6,142 sh | +124% |
| New | Lithium Amers Corp New (LACDF) | — | 0.4% | +0.4 pts | +38,000 sh | new |
| Reduced | Simon Property Group Inc (SPG) | 0.5% | 0.1% | −0.4 pts | −10,545 sh | −83% |
| Reduced | ASML Holding NV NY Registry (ASML) | 0.5% | 0.1% | −0.4 pts | −2,037 sh | −80% |
| New | Nutrien Ltd (NTR) | — | 0.3% | +0.3 pts | +13,018 sh | new |
| Reduced | Cintas Corp (CTAS) | 0.7% | 0.4% | −0.3 pts | −3,149 sh | −44% |
| Reduced | Netflix Inc (NFLX) | 0.6% | 0.1% | −0.5 pts | −3,442 sh | −81% |
| New | Enviva Inc (EVVAQ) | — | 0.3% | +0.3 pts | +15,875 sh | new |
| Increased | W P Carey Inc (WPC) | 0.1% | 0.4% | +0.3 pts | +15,215 sh | +245% |
| Exited | Square Inc Cl A (XYZ) | 0.3% | — | −0.3 pts | −8,420 sh | −100% |
| New | Deere & Co (DE) | — | 0.3% | +0.3 pts | +2,932 sh | new |
| Increased | CVS Health Corporation (CVS) | 0.2% | 0.6% | +0.3 pts | +11,935 sh | +113% |
| Increased | Palo Alto Networks Inc (PANW) | 0.6% | 1.1% | +0.5 pts | +1,912 sh | +37% |
| Increased | United Parcel Service Inc Cl B (UPS) | 0.1% | 0.4% | +0.3 pts | +5,381 sh | +242% |
| Increased | Cheniere Energy Inc (LNG) | 0.1% | 0.4% | +0.3 pts | +8,000 sh | +200% |
| New | Rio Tinto PLC Sp ADR (RIO) | — | 0.3% | +0.3 pts | +13,580 sh | new |
The 50 largest of 180 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 — 31.9% of the equity book
Changes in the top 10 this quarter: DVN entered · ABBV entered · TSLA entered · NVDA entered · META left · PYPL left · NXPI left · HD left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | Amazon.com Inc (AMZN) | 6.8% | 6.7% | |
| 2 | Alphabet Inc Cap Stock Cl A (GOOGL) | 4.3% | 4.7% | |
| 3 | Microsoft Corp (MSFT) | 4.9% | 4.0% | |
| 4 | Apple Inc (AAPL) | 3.0% | 3.1% | |
| 5 | UnitedHealth Group Inc (UNH) | 2.5% | 2.8% | |
| 6 | Devon Energy Corp (DVN) | 0.7% | 2.3% | Entered the top 10 |
| 7 | Abbvie Inc (ABBV) | 1.8% | 2.3% | Entered the top 10 |
| 8 | Tesla Motors Inc (TSLA) | 1.1% | 2.1% | Entered the top 10 |
| 9 | NVIDIA Corp (NVDA) | 2.3% | 2.0% | Entered the top 10 |
| 10 | Thermo Fisher Scientific Inc (TMO) | 2.7% | 1.9% | |
| — | Facebook Inc Cl A (META) | 2.9% | 1.6% | Left the top 10 |
| — | Paypal Holdings Inc (PYPL) | 2.7% | 1.3% | Left the top 10 |
| — | NXP Semiconductors NV (NXPI) | 2.5% | 1.8% | Left the top 10 |
| — | Home Depot Inc (HD) | 2.4% | 1.8% | 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).