PF
Parsec Financial Management, Inc. Historical SEC 13F Holdings & Archive (Q1 2023)
Parsec Financial Management, Inc.CIK: 0001349138
Diversified strategyLong-term holderQuality / disciplined sizing
Total reported value
$2.4B
Reporting period: 2023-03-31 · Number of holdings: 295
Parsec Financial Management, Inc. disclosed 295 holdings in its latest 13F filing for the period ending 2023-03-31, with total reported value of $2.4B and a quarterly turnover rate of 0.0%.
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Personality snowflake
- Concentration
- 9.36
- Portfolio Stability
- 0
- Momentum
- 50
- Sector conviction
- 65.07
- Diversification
- 100
- Sizing Uniformity
- 75.67
Parsec Financial Management, Inc.'s disclosed holdings carry a Herfindahl concentration index of 0.023 — mathematically equivalent to about 43 equally-sized positions, well below its 295 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 2.43), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 41% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govNo holding changes this quarter
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 295 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | VEA | Vanguard Ftse Developed ETF | ETF-Other | 9.10% | — | +1.41% | |
| 2 | DFAU | Dimensional US Core Equity M | ETF-Other | 5.03% | — | +12.31% | |
| 3 | AAPL | Apple Inc | Stock-Tech | 5.00% | — | -2.39% | |
| 4 | MSFT | Microsoft CORP | Stock-Tech | 4.17% | — | -0.52% | |
| 5 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 3.37% | — | +3.45% | |
| 6 | LOW | Lowe's Cos Inc | Stock-Consumer Disc | 2.57% | — | +1.54% | |
| 7 | IJS | Ishares S&p Small-cap 600 Va | ETF-Other | 2.53% | — | +6.22% | |
| 8 | CSCO | Cisco Systems Inc | Stock-Tech | 1.99% | — | -0.24% | |
| 9 | BLKCHF | Blackrock Inc | Stock-Other | 1.89% | — | -4.68% | |
| 10 | VWO | Vanguard Ftse Emerging Marke | ETF-Emerging Markets | 1.88% | — | +3.76% | |
| 11 | FLOT | Ishares Floating Rate Bond E | ETF-Other | 1.71% | — | +10.58% | |
| 12 | NVO | Novo-nordisk A/s-spons Adr | Stock-Healthcare | 1.57% | — | -3.60% | |
| 13 | AVGO | Broadcom Inc | Stock-Tech | 1.55% | — | +0.22% | |
| 14 | IPG | Interpublic Group Of Cos Inc | Stock-Other | 1.48% | — | +4.04% | |
| 15 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 1.43% | — | +1.41% | |
| 16 | AMGN | Amgen Inc | Stock-Healthcare | 1.43% | — | -1.24% | |
| 17 | JPM | Jpmorgan Chase & Co | Stock-Financials | 1.37% | — | -3.26% | |
| 18 | SCHX | Schwab US Large-cap ETF | ETF-Other | 1.27% | — | -1.87% | |
| 19 | IVW | Ishares S&p 500 Growth ETF | ETF-Large Cap & Growth | 1.25% | — | +5.92% | |
| 20 | JNJ | Johnson & Johnson | Stock-Healthcare | 1.24% | — | -0.62% | |
| 21 | IWD | Ishares Russell 1000 Value E | ETF-Other | 1.21% | — | -2.94% | |
| 22 | PEP | Pepsico Inc | Stock-Consumer Staples | 1.16% | — | -3.34% | |
| 23 | VCSH | Vanguard S/t CORP Bond ETF | ETF-Corp Bonds | 1.15% | — | -1.44% | |
| 24 | UPS | United Parcel Service-cl B | Stock-Industrials | 1.12% | — | -2.54% | |
| 25 | V | Visa Inc-class A Shares | Stock-Financials | 1.10% | — | -2.39% | |
| 26 | EMR | Emerson Electric Co | Stock-Industrials | 1.09% | — | -5.36% | |
| 27 | LLY | Eli Lilly & Co | Stock-Healthcare | 1.06% | — | -5.22% | |
| 28 | TSM | Taiwan Semiconductor-sp Adr | Stock-Tech | 1.05% | — | +6.38% | |
| 29 | TGT | Target CORP | Stock-Consumer Disc | 1.01% | — | -1.67% | |
| 30 | SCHM | Schwab US Mid Cap ETF | ETF-Other | 1.01% | — | -3.47% | |
| 31 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 0.89% | — | +8.50% | |
| 32 | SCHG | Schwab US Large-cap Growth | ETF-Other | 0.82% | — | -3.80% | |
| 33 | ADP | Automatic Data Processing | Stock-Tech | 0.82% | — | -1.47% | |
| 34 | IAGG | Ishares Intl Aggregate Bond | ETF-Other | 0.82% | — | -2.15% | |
| 35 | IJH | Ishares Core S&p Midcap ETF | ETF-Other | 0.80% | — | -4.87% | |
| 36 | PNC | Pnc Financial Services Group | Stock-Financials | 0.73% | — | +5.50% | |
| 37 | SCHP | Schwab U.s. Tips ETF | ETF-Other | 0.72% | — | -2.16% | |
| 38 | HD | Home Depot Inc | Stock-Consumer Disc | 0.69% | — | -1.72% | |
| 39 | EA | Electronic Arts Inc | Stock-Comm Services | 0.68% | — | +1.36% | |
| 40 | DOV | Dover CORP | Stock-Industrials | 0.65% | — | -1.84% | |
| 41 | AAP | Advance Auto Parts Inc | Stock-Consumer Disc | 0.65% | — | +2.83% | |
| 42 | IEFA | Ishares Core Msci Eafe ETF | ETF-Other | 0.64% | — | +2.92% | |
| 43 | LMT | Lockheed Martin CORP | Stock-Industrials | 0.63% | — | +2.46% | |
| 44 | UNH | Unitedhealth Group Inc | Stock-Healthcare | 0.63% | — | +5.95% | |
| 45 | SBUX | Starbucks CORP | Stock-Consumer Disc | 0.62% | — | -7.15% | |
| 46 | TD | Toronto-dominion Bank | Stock-Financials | 0.61% | — | +6.36% | |
| 47 | MUB | Ishares National Muni Bond E | ETF-Other | 0.56% | — | -3.51% | |
| 48 | ABBV | Abbvie Inc | Stock-Healthcare | 0.55% | — | +1.35% | |
| 49 | BMY | Bristol-myers Squibb Co | Stock-Healthcare | 0.55% | — | -10.73% | |
| 50 | SYK | Stryker CORP | Stock-Healthcare | 0.52% | — | -3.98% |
1–50 of 200
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Portfolio Performance
Performance for Q3 2026
+3.5%
Performance Last 4 Quarters
+24%
- Stdev
- +11.5%
- Beta
- +0.86
- Alpha
- +0.4%
- Max Drawdown
- -6.5%
- Annualized Perf
- +18.3%
- Batting Avg vs S&P
- +41.7%
- Sortino
- +2.87
- Stutzer
- +0.44
- Treynor
- +0.2
- Sterling
- +1.19
- Calmar
- +2.81
- Information Ratio
- -0.7
- Tracking Error
- +3.5%
- Stdev Down
- +6.1%
- Winning Months %
- +72.2%
- Losing Months %
- +27.8%
- Best 12 Months
- +30.3%
- Worst 12 Months
- +4.7%
- Efficiency Ratio
- +0.6
- Sharpe
- +1.53
- Stdev Sectors
- +10.8%
- Skewness
- -0.3
- Kurtosis
- +0.05
- Upside Potential
- +4.4
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2023 Q1 | 295 | $2.4B | 0 | ||
| 2022 Q4 | 285 | $2.2B | 0 | ||
| 2022 Q3 | 271 | $2.0B | 0 | ||
| 2022 Q2 | 286 | $2.1B | 0 | ||
| 2022 Q1 | 300 | $2.4B | 0 | ||
| 2021 Q4 | 290 | $2.4B | 0 | ||
| 2021 Q3 | 281 | $2.4B | 0 | ||
| 2021 Q2 | 271 | $2.1B | 96 | ||
| 2021 Q1 | 260 | $1.9B | 14 | ||
| 2020 Q4 | 245 | $1.8B | 16 | ||
| 2020 Q3 | 236 | $1.6B | 14 | ||
| 2020 Q2 | 235 | $1.6B | 25 | ||
| 2020 Q1 | 232 | $1.3B | 48 | ||
| 2019 Q4 | 270 | $1.7B | 15 | ||
| 2019 Q3 | 250 | $1.6B | 9 | ||
| 2019 Q2 | 248 | $1.6B | 10 | ||
| 2019 Q1 | 247 | $1.6B | 17 | ||
| 2018 Q4 | 238 | $1.4B | 20 | ||
| 2018 Q3 | 240 | $1.6B | 11 | ||
| 2018 Q2 | 234 | $1.5B | 11 | ||
| 2018 Q1 | 234 | $1.5B | 15 | ||
| 2017 Q4 | 235 | $1.5B | 14 | ||
| 2017 Q3 | 237 | $1.4B | 18 | ||
| 2017 Q2 | 202 | $1.3B | 10 | ||
| 2017 Q1 | 199 | $1.2B | 19 | ||
| 2016 Q4 | 201 | $1.1B | 10 | ||
| 2016 Q3 | 200 | $1.1B | 14 | ||
| 2016 Q2 | 184 | $1.0B | 10 | ||
| 2016 Q1 | 177 | $1.0B | 13 | ||
| 2015 Q4 | 175 | $963.1M | 14 | ||
| 2015 Q3 | 172 | $918.3M | 17 | ||
| 2015 Q2 | 175 | $995.7M | 11 | ||
| 2015 Q1 | 170 | $991.9M | 17 | ||
| 2014 Q4 | 163 | $955.7M | 24 | ||
| 2014 Q3 | 162 | $913.4M | 12 | ||
| 2014 Q2 | 163 | $915.4M | 11 | ||
| 2014 Q1 | 156 | $883.2M | 15 | ||
| 2013 Q4 | 149 | $851.2M | 18 | ||
| 2013 Q3 | 133 | $771.3M | 13 | ||
| 2013 Q2 | 136 | $737.4M | 0 |
Holding changes this quarter
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|
Filing History
FAQ
What is Parsec Financial Management, Inc. and what type of investor is it?
Parsec Financial Management, Inc. is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2023-03-31), the firm manages a tracked equity portfolio valued at approximately $2.4B, spread across 295 disclosed positions.
What are Parsec Financial Management, Inc.'s largest equity positions?
Based on the latest 13F filing, Parsec Financial Management, Inc.'s top holdings by market value are:
1. Vanguard Ftse Developed ETF (VEA) — $216.2M (9.1%)
2. Dimensional US Core Equity M (DFAU) — $119.4M (5.0%)
3. Apple Inc (AAPL) — $118.7M (5.0%)
4. Microsoft CORP (MSFT) — $98.9M (4.2%)
5. Ishares Core S&p 500 ETF (IVV) — $79.9M (3.4%)
What changes did Parsec Financial Management, Inc. make in its most recent portfolio filing?
No notable portfolio changes were recorded for Parsec Financial Management, Inc. in the most recent quarter. Holdings appear to have remained relatively stable.
What sectors does Parsec Financial Management, Inc. focus on?
Parsec Financial Management, Inc. is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 36.6%
• Health Care: 21.3%
• Consumer Discretionary: 13.4%
• Financials: 8.4%
• Consumer Staples: 7.3%
• Communication Services: 6.3%
Investment Profile
Parsec Financial Management, Inc. returned an annualized 18.3% over the trailing 36 months — outperforming the S&P 500 by 0.4 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.86 (less volatile than the market) and a 42% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding, with 36.6% of the portfolio concentrated in Information Technology.
It has added to its VEA position over the past two quarters (+$43.8M, now $216.2M), while trimming CVS over the same stretch (-$9.4M, still holding $5.8M).
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Developer Access
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