TANDEM CAPITAL MANAGEMENT CORP ADV's Q1 2024 13F: 6 new positions, 8 exits
Form 13F-HR for the quarter ended Mar 31, 2024 · filed May 16, 2024 · 109 reported positions · accession 0000873759-24-000003
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | ADOBE INC (ADBE) | — | 0.5% | +0.5 pts | +1,700 sh | new |
| Reduced | VENTAS INC (VTR) | 1.4% | 0.7% | −0.7 pts | −18,197 sh | −40% |
| Increased | SL GREEN RLTY CORP (SLG) | 1.2% | 1.7% | +0.5 pts | +12,955 sh | +31% |
| Reduced | LOCKHEED MARTIN CORP (LMT) | 0.6% | 0.3% | −0.4 pts | −1,264 sh | −56% |
| Increased | AEROVIRONMENT INC (AVAV) | 0.2% | 0.5% | +0.3 pts | +3,243 sh | +137% |
| Increased | ALIBABA GROUP HLDG LTD (BABA) | 0.4% | 0.6% | +0.2 pts | +6,038 sh | +76% |
| Increased | IAC INC (IAC) | 1.3% | 1.4% | +0.1 pts | +7,842 sh | +20% |
| New | ISHARES TR (IGM) | — | 0.2% | +0.2 pts | +4,614 sh | new |
| Exited | SPDR SER TR (XSD) | 0.2% | — | −0.2 pts | −1,505 sh | −100% |
| Increased | PALO ALTO NETWORKS INC (PANW) | 0.4% | 0.5% | +0.1 pts | +1,158 sh | +58% |
| Exited | VERALTO CORP (VLTO) | 0.2% | — | −0.2 pts | −3,520 sh | −100% |
| Exited | KENVUE INC (KVUE) | 0.2% | — | −0.2 pts | −13,366 sh | −100% |
| Exited | DIAGEO PLC (DEO) | 0.2% | — | −0.2 pts | −1,948 sh | −100% |
| Reduced | RTX CORPORATION (RTX) | 0.5% | 0.4% | −0.1 pts | −3,075 sh | −31% |
| New | SPDR SER TR (SPYG) | — | 0.2% | +0.2 pts | +4,085 sh | new |
| Increased | SCHWAB CHARLES CORP (SCHW) | 1.9% | 2.0% | +0.1 pts | +3,974 sh | +9% |
| Exited | INVESCO EXCH TRADED FD TR II (TAN) | 0.1% | — | −0.1 pts | −4,350 sh | −100% |
| Increased | MARVELL TECHNOLOGY INC (MRVL) | 1.2% | 1.4% | +0.2 pts | +3,515 sh | +11% |
| Exited | SPDR SER TR (XBI) | 0.1% | — | −0.1 pts | −2,480 sh | −100% |
| Exited | SOCIEDAD QUIMICA Y MINERA DE (SQM) | 0.1% | — | −0.1 pts | −3,665 sh | −100% |
| Exited | ISHARES TR (ITOT) | 0.1% | — | −0.1 pts | −2,037 sh | −100% |
| New | SELECT SECTOR SPDR TR (XLI) | — | 0.1% | +0.1 pts | +1,710 sh | new |
| New | GOLDMAN SACHS GROUP INC (GS) | — | 0.1% | +0.1 pts | +511 sh | new |
| New | SELECT SECTOR SPDR TR (XLV) | — | 0.1% | +0.1 pts | +1,375 sh | new |
| Increased | AMAZON COM INC (AMZN) | 0.4% | 0.5% | +0.1 pts | +975 sh | +24% |
| Reduced | GENERAL MTRS CO (GM) | 1.1% | 1.2% | +0.1 pts | −3,696 sh | −7% |
| Reduced | DEERE & CO (DE) | 0.9% | 0.7% | −0.1 pts | −400 sh | −11% |
| Reduced | AIR PRODS & CHEMS INC (APD) | 0.9% | 0.7% | −0.3 pts | −654 sh | −12% |
| Reduced | STRYKER CORPORATION (SYK) | 3.1% | 3.3% | +0.2 pts | −405 sh | −2% |
| Reduced | BROOKFIELD INFRAST PARTNERS (BIP) | 1.0% | 0.8% | −0.2 pts | −4,594 sh | −9% |
| Reduced | PHILIP MORRIS INTL INC (PM) | 0.9% | 0.8% | −0.2 pts | −1,470 sh | −9% |
| Reduced | ENBRIDGE INC (ENB) | 0.5% | 0.3% | −0.1 pts | −3,692 sh | −18% |
| Increased | BOEING CO (BA) | 1.2% | 0.9% | −0.3 pts | +611 sh | +8% |
| Reduced | APPLE INC (AAPL) | 3.2% | 2.6% | −0.7 pts | −666 sh | −2% |
| Reduced | PROLOGIS INC. (PLD) | 1.7% | 1.4% | −0.2 pts | −790 sh | −4% |
| Increased | VANGUARD INDEX FDS (VUG) | 0.7% | 0.8% | +0.1 pts | +298 sh | +8% |
| Reduced | BROOKFIELD INFRASTRUCTURE CO (BIPC) | 0.3% | 0.2% | −0.1 pts | −2,739 sh | −22% |
| Increased | JONES LANG LASALLE INC (JLL) | 1.5% | 1.5% | 0.0 pts | +505 sh | +4% |
| Reduced | ISHARES TR (IWF) | 0.3% | 0.2% | 0.0 pts | −274 sh | −20% |
| Reduced | FIDELITY COVINGTON TRUST (FTEC) | 0.6% | 0.5% | −0.1 pts | −587 sh | −9% |
| Increased | PEPSICO INC (PEP) | 1.4% | 1.4% | 0.0 pts | +507 sh | +4% |
| Reduced | GENERAL ELECTRIC CO (GE) | 3.4% | 4.2% | +0.8 pts | −464 sh | −1% |
| Increased | QUALCOMM INC (QCOM) | 2.4% | 2.6% | +0.2 pts | +457 sh | +2% |
| Increased | VANGUARD INDEX FDS (VTI) | 0.3% | 0.4% | 0.0 pts | +280 sh | +12% |
| Reduced | ENPHASE ENERGY INC (ENPH) | 0.7% | 0.6% | −0.2 pts | −580 sh | −7% |
| Reduced | BROOKFIELD BUSINESS PARTNERS (BBU) | 0.6% | 0.5% | 0.0 pts | −3,100 sh | −7% |
| Reduced | VANGUARD INDEX FDS (VNQ) | 0.2% | 0.2% | −0.1 pts | −687 sh | −17% |
| Reduced | APPLIED MATLS INC (AMAT) | 2.0% | 2.3% | +0.3 pts | −254 sh | −1% |
| Reduced | STEEL DYNAMICS INC (STLD) | 0.4% | 0.4% | 0.0 pts | −350 sh | −6% |
| Reduced | ELEVANCE HEALTH INC (ELV) | 2.4% | 2.4% | 0.0 pts | −92 sh | −1% |
The 50 largest of 102 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 — 32.4% of the equity book
Changes in the top 10 this quarter: ETN entered · AMAT entered · ABT left · BNREA left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | MICROSOFT CORP (MSFT) | 6.0% | 6.2% | |
| 2 | GENERAL ELECTRIC CO (GE) | 3.4% | 4.2% | |
| 3 | ALPHABET INC (GOOGL) | 3.6% | 3.6% | |
| 4 | STRYKER CORPORATION (SYK) | 3.1% | 3.3% | |
| 5 | META PLATFORMS INC (META) | 2.2% | 2.8% | |
| 6 | QUALCOMM INC (QCOM) | 2.4% | 2.6% | |
| 7 | APPLE INC (AAPL) | 3.2% | 2.6% | |
| 8 | EATON CORP PLC (ETN) | 2.0% | 2.4% | Entered the top 10 |
| 9 | ELEVANCE HEALTH INC (ELV) | 2.4% | 2.4% | |
| 10 | APPLIED MATLS INC (AMAT) | 2.0% | 2.3% | Entered the top 10 |
| — | ABBOTT LABS (ABT) | 2.3% | 2.1% | Left the top 10 |
| — | BROOKFIELD REINS LTD (BNREA) | 2.2% | 2.1% | 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).