Zullo Investment Group Inc's Q4 2022 13F: 44 new positions, 22 exits

Form 13F-HR for the quarter ended Dec 31, 2022 · filed Feb 14, 2023 · 766 reported positions · accession 0001398344-23-003442

View the filing on SEC.gov

What changed this quarter

Activity Security Weight before Weight now Change Shares Shares %
Exited TWITTER INC (TWTR) 0.1% — −0.1 pts −5,115 sh −100%
Exited BROOKFIELD ASSET MGMT INC (BAMXXXX) 0.1% — −0.1 pts −4,700 sh −100%
Increased VERIZON COMMUNICATIONS INC COM (VZ) 2.0% 2.1% +0.1 pts +4,071 sh +5%
Reduced COLGATE PALMOLIVE CO COM (CL) 0.2% 0.2% −0.1 pts −1,997 sh −37%
New BROOKFIELD CORP CL A LTD VT SH (BN)
new — newly listed security (e.g. spin-off)
 — 0.1% +0.1 pts +4,700 sh new
Increased COMMUNICATION SERVICES SELECT SECTOR SPDR FUND (XLC) 0.6% 0.7% 0.0 pts +2,455 sh +12%
Increased FEDEX CORP COM (FDX) 0.4% 0.5% +0.1 pts +652 sh +15%
Increased MICROSOFT CORP COM (MSFT) 4.5% 4.5% 0.0 pts +439 sh +1%
Reduced HONEYWELL INTL INC COM (HON) 0.3% 0.3% 0.0 pts −486 sh −16%
Increased ENERGY SELECT SECTOR SPDR FUND (XLE) 1.2% 1.5% +0.2 pts +1,009 sh +4%
Reduced VANGUARD REAL ESTATE ETF (VNQ) 0.2% 0.1% −0.1 pts −992 sh −29%
Reduced HALLIBURTON CO COM (HAL) 0.0% 0.0% 0.0 pts −1,975 sh −83%
Increased TECHNOLOGY SELECT SECTOR SPDR FUND (XLK) 2.3% 2.3% 0.0 pts +576 sh +2%
Reduced MONDELEZ INTL INC CL A (MDLZ) 0.1% 0.1% 0.0 pts −1,009 sh −43%
Increased REAL ESTATE SELECT SECTOR SPDR FUND (XLRE) 0.5% 0.6% 0.0 pts +1,810 sh +8%
Reduced APPLE INC COM (AAPL) 15.0% 13.4% −1.7 pts −503 sh 0%
New SCHWAB SHORT-TERM US TREASURY ETF (SCHO) — 0.0% 0.0 pts +1,353 sh new
Reduced US BANCORP DEL COM NEW (USB) 0.1% 0.1% 0.0 pts −1,493 sh −41%
Increased HOME DEPOT INC COM (HD) 1.2% 1.3% +0.1 pts +204 sh +3%
Exited CITRIX SYS INC (CTXS) 0.0% — 0.0 pts −577 sh −100%
Increased UTILITIES SELECT SECTOR SPDR FUND (XLU) 1.0% 1.1% +0.1 pts +883 sh +4%
Reduced SCHWAB US TIPS ETF (SCHP) 0.2% 0.1% 0.0 pts −1,181 sh −24%
Increased NVIDIA CORPORATION COM (NVDA) 1.1% 1.3% +0.2 pts +407 sh +3%
Increased JPMORGAN CHASE & CO COM (JPM) 1.2% 1.5% +0.3 pts +440 sh +2%
Increased CONSUMER STAPLES SELECT SECTOR SPDR FUND (XLP) 0.7% 0.8% +0.1 pts +791 sh +5%
Increased MATERIALS SELECT SECTOR SPDR FUND (XLB) 0.7% 0.8% +0.1 pts +749 sh +5%
Reduced SCHWAB US DIVIDEND EQUITY ETF (SCHD) 1.3% 1.4% +0.1 pts −731 sh −2%
Increased CONSUMER DISCRETIONARY SELECT SECTOR SPDR FUND (XLY) 0.8% 0.8% −0.1 pts +407 sh +4%
Reduced FIRST TRUST NASDAQ CYBERSECURITY ETF (CIBR) 0.0% 0.0% 0.0 pts −1,309 sh −74%
Increased VISA INC COM CL A (V) 0.7% 0.8% +0.1 pts +239 sh +4%
Increased INDUSTRIAL SELECT SECTOR SPDR FUND (XLI) 0.9% 1.0% +0.1 pts +485 sh +3%
Increased HEALTH CARE SELECT SECTOR SPDR FUND (XLV) 1.2% 1.3% +0.1 pts +345 sh +2%
Reduced UBER TECHNOLOGIES INC COM (UBER) 0.3% 0.2% −0.1 pts −1,660 sh −10%
Increased MCDONALDS CORP COM (MCD) 0.8% 0.9% +0.1 pts +142 sh +3%
Increased VANGUARD S&P 500 ETF (VOO) 0.8% 0.9% 0.0 pts +100 sh +3%
Reduced NORWEGIAN CRUISE LINE HLDG LTD SHS (NCLH) 0.1% 0.0% 0.0 pts −2,800 sh −40%
Reduced NEW YORK CMNTY BANCORP INC COM (NYCBXXXX) 0.1% 0.0% 0.0 pts −3,954 sh −30%
Increased TARGET CORP COM (TGT) 0.4% 0.4% 0.0 pts +226 sh +6%
Reduced VANGUARD FTSE EMERGING MARKETS ETF (VWO) 0.1% 0.1% 0.0 pts −773 sh −14%
Reduced ALASKA AIR GROUP INC COM (ALK) 0.0% 0.0% 0.0 pts −700 sh −50%
Reduced ISHARES CORE U.S. AGGREGATE BOND ETF (AGG) 0.4% 0.4% 0.0 pts −304 sh −4%
Reduced SPDR S&P REGIONAL BANKING ETF (KRE) 0.0% 0.0% 0.0 pts −498 sh −76%
Increased WALMART INC COM (WMT) 1.1% 1.2% +0.1 pts +202 sh +2%
Increased EQT CORP COM (EQT) 0.0% 0.0% 0.0 pts +750 sh +259%
Increased UNION PAC CORP COM (UNP) 0.1% 0.1% 0.0 pts +122 sh +17%
Increased RAYTHEON TECHNOLOGIES CORP COM (RTX) 0.2% 0.2% 0.0 pts +247 sh +7%
Increased META PLATFORMS INC CL A (META) 1.1% 0.9% −0.2 pts +190 sh +2%
Reduced VANGUARD SHORT-TERM CORPORATE BOND ETF (VCSH) 0.1% 0.0% 0.0 pts −303 sh −25%
Reduced ACCENTURE PLC IRELAND SHS CLASS A (ACN) 0.1% 0.1% 0.0 pts −85 sh −15%
Increased ABBVIE INC COM (ABBV) 0.4% 0.5% +0.1 pts +134 sh +3%

The 50 largest of 382 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:

  • PAYSAFE LIMITED SHS (PSFE): G6964L107 → G6964L206, 2,000 → 167 shares (share count changed with the identifier; not shown as a trade)

Top 10 positions — 33.1% of the equity book

Changes in the top 10 this quarter: JPM entered · XLE entered · TSLA left · SCHD left

# Security Weight before Weight now
1 APPLE INC COM (AAPL) 15.0% 13.4%
2 MICROSOFT CORP COM (MSFT) 4.5% 4.5%
3 TECHNOLOGY SELECT SECTOR SPDR FUND (XLK) 2.3% 2.3%
4 AMAZON COM INC COM (AMZN) 3.2% 2.2%
5 FINANCIAL SELECT SECTOR SPDR FUND (XLF) 2.0% 2.1%
6 VERIZON COMMUNICATIONS INC COM (VZ) 2.0% 2.1%
7 JOHNSON & JOHNSON COM (JNJ) 1.8% 1.9%
8 UNITED PARCEL SERVICE INC CL B (UPS) 1.6% 1.7%
9 JPMORGAN CHASE & CO COM (JPM) 1.2% 1.5% Entered the top 10
10 ENERGY SELECT SECTOR SPDR FUND (XLE) 1.2% 1.5% Entered the top 10
— TESLA INC COM (TSLA) 1.6% 0.7% Left the top 10
— SCHWAB US DIVIDEND EQUITY ETF (SCHD) 1.3% 1.4% 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).