Bassett Hargrove Investment Counsel 13F annual report
Bassett Hargrove Investment Counsel is an investment fund managing more than $59.6 million ran by Theresa Cody. There are currently 45 companies in Mrs. Cody’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $9.06 million.
$59.6 million Assets Under Management (AUM)
As of 20th October 2023, Bassett Hargrove Investment Counsel’s top holding is 15,268 shares of Microsoft currently worth over $4.82 million and making up 8.1% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Bassett Hargrove Investment Counsel owns more than approximately 0.1% of the company.
In addition, the fund holds 24,729 shares of Apple Inc worth $4.23 million, whose value fell 0.9% in the past six months.
The third-largest holding is Ishares Core Sp 500 worth $3.74 million and the next is NVIDIA Corp worth $2.53 million, with 5,821 shares owned.
Currently, Bassett Hargrove Investment Counsel's portfolio is worth at least $59.6 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Bassett Hargrove Investment Counsel
The Bassett Hargrove Investment Counsel office and employees reside in Greenville, Delaware. According to the last 13-F report filed with the SEC, Theresa Cody serves as the MANAGER at Bassett Hargrove Investment Counsel.
Recent trades
In the most recent 13F filing, Bassett Hargrove Investment Counsel revealed that it had opened a new position in
Citigroup Inc and bought 16,485 shares worth $678 thousand.
This means they effectively own approximately 0.1% of the company.
Citigroup Inc makes up
24.8%
of the fund's Finance sector allocation and has decreased its share price by 13.4% in the past year.
The investment fund also strengthened its position in NVIDIA Corp by buying
15 additional shares.
This makes their stake in NVIDIA Corp total 5,821 shares worth $2.53 million.
NVIDIA Corp soared 206.1% in the past year.
On the other hand, there are companies that Bassett Hargrove Investment Counsel is getting rid of from its portfolio.
Bassett Hargrove Investment Counsel closed its position in Kraft Heinz Co on 26th October 2023.
It sold the previously owned 27,073 shares for $1.1 million.
Theresa Cody also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $4.82 million and 15,268 shares.
One of the smallest hedge funds
The two most similar investment funds to Bassett Hargrove Investment Counsel are Technology Crossover Management Vi, L.L.C and Saban Capital. They manage $59.6 million and $59.5 million respectively.
Theresa Cody investment strategy
Bassett Hargrove Investment Counsel’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 27.8% of
the total portfolio value.
The fund focuses on investments in the United States as
48.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
49% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $379 billion.
The complete list of Bassett Hargrove Investment Counsel trades based on 13F SEC filings
These positions were updated on October 26th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
0.18%
15,268
|
$4,821,000 | 8.09% |
| Apple Inc |
1.34%
24,729
|
$4,234,000 | 7.10% |
| Ishares Core Sp 500 |
No change
8,715
|
$3,742,000 | 6.28% |
| NVIDIA Corp |
0.26%
5,821
|
$2,532,000 | 4.25% |
| Applied Materials Inc. |
0.16%
18,177
|
$2,517,000 | 4.22% |
| Alphabet Inc |
0.16%
18,505
|
$2,422,000 | 4.06% |
| Amazon Inc |
0.12%
18,585
|
$2,363,000 | 3.96% |
| Berkshire Hathaway B |
1.31%
5,879
|
$2,059,000 | 3.45% |
| Costco Wholesale Corp |
1.72%
3,435
|
$1,941,000 | 3.26% |
| Advanced Micro Devices Inc. |
0.83%
17,710
|
$1,821,000 | 3.05% |
| Deere Co |
2.69%
4,746
|
$1,791,000 | 3.00% |
| Vanguard Small Cap |
12.86%
7,793
|
$1,473,000 | 2.47% |
| Mcdonalds Corp. |
0.98%
5,267
|
$1,388,000 | 2.33% |
| Jpmorgan Chase Co |
0.47%
9,539
|
$1,383,000 | 2.32% |
| Boeing Co. |
7.43%
6,740
|
$1,292,000 | 2.17% |
| Blackrock Inc. |
1.46%
1,963
|
$1,269,000 | 2.13% |
| Cisco Systems, Inc. |
0.09%
23,501
|
$1,263,000 | 2.12% |
| Corteva Inc |
3.51%
24,502
|
$1,254,000 | 2.10% |
| Goldman Sachs Grp |
1.04%
3,824
|
$1,237,000 | 2.07% |
| Unitedhealth Group Inc |
1.43%
2,421
|
$1,221,000 | 2.05% |
| Adobe Inc |
1.77%
2,390
|
$1,219,000 | 2.04% |
| Intl Flavors Fragrances |
161.94%
17,639
|
$1,202,000 | 2.02% |
| Tech Select Spdr |
3.19%
6,975
|
$1,143,000 | 1.92% |
| Procter Gamble |
2.49%
7,761
|
$1,132,000 | 1.90% |
| Kraft Heinz Co |
Closed
27,073
|
$1,101,000 | |
| Union Pacific Corp. |
31.15%
5,251
|
$1,069,000 | 1.79% |
| Pepsico Inc |
0.42%
6,223
|
$1,054,000 | 1.77% |
| Emerson Electric Co. |
2.35%
9,643
|
$931,000 | 1.56% |
| Becton Dickinson Co |
2.18%
3,499
|
$905,000 | 1.52% |
| Merck Co Inc |
2.26%
8,640
|
$889,000 | 1.49% |
| Fedex Corp |
3.33%
3,341
|
$885,000 | 1.48% |
| Honeywell Intl |
0.22%
4,620
|
$853,000 | 1.43% |
| T. Rowe Price Group Inc. |
1.86%
7,485
|
$785,000 | 1.32% |
| Vanguard Mid Cap |
3.00%
3,498
|
$728,000 | 1.22% |
| Citigroup Inc |
Opened
16,485
|
$678,000 | 1.14% |
| Johnson Johnson |
1.17%
3,804
|
$592,000 | 0.99% |
| Vanguard Sp 500 Etf |
2.88%
1,212
|
$476,000 | 0.80% |
| Exxon Mobil Corp. |
8.02%
3,946
|
$464,000 | 0.78% |
| Ishares Russell 1000 Gr Ind Et |
No change
1,637
|
$435,000 | 0.73% |
| Raytheon Technologies |
1.34%
5,750
|
$414,000 | 0.69% |
| Pfizer Inc. |
Closed
8,012
|
$411,000 | |
| Nike, Inc. |
No change
4,000
|
$382,000 | 0.64% |
| Abbvie Inc |
No change
2,300
|
$343,000 | 0.58% |
| Financial Select Spdr |
18.25%
8,957
|
$297,000 | 0.50% |
| CSX Corp. |
25.00%
9,000
|
$277,000 | 0.46% |
| Abbott Labs |
No change
2,343
|
$227,000 | 0.38% |
| Srh Total Return Fd |
No change
17,250
|
$224,000 | 0.38% |
| Spdr Sp Mid Cap 400 Etf |
Closed
485
|
$216,000 | |
| No transactions found | |||
| Showing first 500 out of 48 holdings | |||
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