JR

Joseph R. Weiss, LLC

Concentrated strategySector-focusedContrarian

Total reported value

$30.9M

Reporting period: 2019-09-30 · Number of holdings: 6

Joseph R. Weiss, LLC disclosed 6 holdings in its latest 13F filing for the period ending 2019-09-30, with total reported value of $30.9M and a quarterly turnover rate of 85.2%.

Personality snowflake

Concentration
100
Portfolio Stability
85.24
Momentum/Contrarian
0
Sector conviction
100
Diversification
12
Sizing Uniformity
88.82

Recent moves

  • Trim GS

    -93.3% -$17.2M

  • Add BRK-B

    -12.1% -$5.1M

  • Add WFC

    -12.3% -$729.0K

  • Add KHC

    -18.8% $162.0K

  • Add USB

    0.0% $764.0K

  • Sold out BAC

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1BRK-BBerkshire Hathaway Inc-cl BStock-Other51.17%+19.23%-12.07%
2WFCWells Fargo & CoStock-Financials23.67%+11.37%-12.29%
3KHCKraft Heinz Co/theStock-Consumer Staples11.72%+6.43%-18.75%
4OXYOccidental Petroleum CORPStock-Energy7.60%+7.60%NEW
5USBUS BancorpStock-Financials5.50%+4.07%
6GSGoldman Sachs Group INCStock-Financials0.34%-26.11%-93.33%

Holding changes this quarter

Joseph R. Weiss, LLC's most significant position changes for 2019-09-30: Sold out: Bank Of America CORP (BAC); New buy: Occidental Petroleum CORP (OXY); Sold out: Bb&t CORP (BBTUSD); Sold out: JPMorgan Chase & Co. (JPM); Sold out: Apple INC (AAPL).

Position changes disclosed by Joseph R. Weiss, LLC for the quarter ending 2019-09-30, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1BRK-BBerkshire Hathaway Inc-cl B+19.2%-12.07%Trim
2WFCWells Fargo & Co+11.4%-12.29%Trim
3KHCKraft Heinz Co/the+6.4%-18.75%Trim
4USBUS Bancorp+4.1%Unchanged
5GSGoldman Sachs Group INC-26.1%-93.33%Trim
6BACBank Of America CORPEXITSold out
7OXYOccidental Petroleum CORPNEWNew buy
8BBTUSDBb&t CORPEXITSold out
9JPMJPMorgan Chase & Co.EXITSold out
10AAPLApple INCEXITSold out

FAQ

What is Joseph R. Weiss, LLC and what type of investor is it?
Joseph R. Weiss, LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2019-09-30), the firm manages a tracked equity portfolio valued at approximately $30.9M, spread across 6 disclosed positions.
What are Joseph R. Weiss, LLC's largest equity positions?
Based on the latest 13F filing, Joseph R. Weiss, LLC's top holdings by market value are: 1. Berkshire Hathaway Inc-cl B (BRK-B) — $15.8M (51.2%) 2. Wells Fargo & Co (WFC) — $7.3M (23.7%) 3. Kraft Heinz Co/the (KHC) — $3.6M (11.7%) 4. Occidental Petroleum CORP (OXY) — $2.3M (7.6%) 5. US Bancorp (USB) — $1.7M (5.5%)
What changes did Joseph R. Weiss, LLC make in its most recent portfolio filing?
In the latest reported quarter, Joseph R. Weiss, LLC made 9 notable position adjustments: 1 new positions were initiated, 0 existing holdings were added to, 4 positions were partially reduced, and 4 were completely exited. The largest of these moves: Sold out: Bank Of America CORP (BAC); New buy: Occidental Petroleum CORP (OXY); Sold out: Bb&t CORP (BBTUSD); Sold out: JPMorgan Chase & Co. (JPM); Sold out: Apple INC (AAPL)
What sectors does Joseph R. Weiss, LLC focus on?
Joseph R. Weiss, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 79.5% • Consumer Staples: 12.4% • Energy: 8.0%