Spero-smith Investment Advisers INC /oh

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$74.5M

Reporting period: 2016-09-30 · Number of holdings: 52

SPERO-SMITH INVESTMENT ADVISERS INC /OH disclosed 52 holdings in its latest 13F filing for the period ending 2016-09-30, with total reported value of $74.5M and a quarterly turnover rate of 24.6%.

Personality snowflake

Concentration: 18.33
Portfolio Stability: 24.56
Momentum/Contrarian: 100
Sector conviction: 69.67
Diversification: 100
Sizing Uniformity: 88.13

Recent moves

Add INTC
+3.8%　$420.0K
Add MSFT
+5.8%　$395.0K
Trim DHR
-2.0%　-$678.0K
Trim ETN
-69.1%　-$439.0K
Add 38259P508
-3.1%　$198.0K
Trim SRCLEUR
-2.3%　-$436.0K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	XOM	Exxon Mobil CORP	Stock-Energy	16.33%	+0.11%	+0.41%
2	INTC	Intel CORP	Stock-Tech	3.46%	+0.77%	+3.78%
3	MSFT	Microsoft CORP	Stock-Tech	3.30%	+0.72%	+5.79%
4	ACN	Accenture plc	Stock-Tech	3.16%	+0.37%	-2.22%
5	FISV	Fiserv INC	Stock-Other	3.00%	-0.14%	-2.77%
6	TMO	Thermo Fisher Scientific INC	Stock-Healthcare	2.98%	+0.33%	-3.25%
7	WFC	Wells Fargo & Co	Stock-Financials	2.96%	-0.04%	-1.75%
8	DHR	Danaher CORP	Stock-Healthcare	2.89%	-0.64%	-2.04%
9	CVS	Cvs Health CORP	Stock-Healthcare	2.86%	-0.05%	-1.70%
10	TRV	Travelers Cos Inc/the	Stock-Financials	2.77%	+0.04%	-1.89%
11	VZ	Verizon Communications INC	Stock-Comm Services	2.76%	-0.08%	-3.32%
12	HBAN	Huntington Bancshares INC	Stock-Financials	2.75%	+0.37%	-2.34%
13	✓	Alphabet A	Stock-Other	2.74%	+0.44%	-3.13%
14	✓	Unilever PLC	Stock-Other	2.73%	+0.11%	-2.17%
15	CELG	Celgene CORP	Stock-Other	2.55%	+0.29%	-1.14%
16	AKX	Ansys INC	Stock-Other	2.54%	—	-2.69%
17	SNI	Scripps Networks Inter-cl A	Stock-Other	2.44%	—	-2.35%
18	CERNCHF	Cerner CORP	Stock-Other	2.31%	+0.21%	-2.92%
19	NVS	Novartis Ag-sponsored Adr	Stock-Healthcare	2.28%	+0.05%	-1.15%
20	MCK	Mckesson CORP	Stock-Healthcare	2.16%	-0.14%	-2.28%
21	IBM	Intl Business Machines CORP	Stock-Tech	2.04%	+0.34%	+6.39%
22	MET	Metlife INC	Stock-Financials	1.98%	+0.29%	-2.06%
23	PG	Procter & Gamble Co/the	Stock-Consumer Staples	1.98%	—	-4.13%
24	ECL	Ecolab INC	Stock-Materials	1.94%	+0.18%	-0.34%
25	PEG	Public Service Enterprise Gp	Stock-Utilities	1.86%	-0.09%	-1.28%
26	CVX	Chevron CORP	Stock-Energy	1.81%	—	+3.00%
27	SRCLEUR	Stericycle INC	Stock-Other	1.77%	-0.42%	-2.32%
28	TGT	Target CORP	Stock-Consumer Disc	1.67%	+0.08%	-1.01%
29	SWKS	Skyworks Solutions INC	Stock-Tech	1.53%	+0.33%	-1.32%
30	ROK	Rockwell Automation, Inc.	Stock-Industrials	1.53%	+0.07%	-1.92%
31	DISCAUSD	Discovery INC - A	Stock-Other	1.45%	+0.17%	-1.23%
32	✓	Bp P.l.c.	Stock-Other	1.39%	+1.39%	NEW
33	VFC	Vf CORP	Stock-Consumer Disc	1.35%	-0.04%	-1.02%
34	FTV	Fortive CORP	Stock-Tech	0.92%	+0.92%	NEW
35	✓	Apple Computer	Stock-Other	0.81%	+0.80%	NEW
36	BRK-B	Berkshire Hathaway Inc.	Stock-Other	0.67%	+0.67%	NEW
37	DIS	Walt Disney Co/the	Stock-Comm Services	0.59%	-0.01%	-2.97%
38	UNH	Unitedhealth Group INC	Stock-Healthcare	0.57%	—	+0.20%
39	AEP	American Electric Power Company, Inc.	Stock-Utilities	0.57%	—	+12.51%
40	MA	Mastercard INC - A	Stock-Financials	0.51%	+0.10%	—
41	JPM	Jpmorgan Chase & Co	Stock-Financials	0.46%	+0.46%	NEW
42	AMGN	Amgen Inc.	Stock-Healthcare	0.39%	+0.39%	NEW
43	NSC	Norfolk Southern CORP	Stock-Industrials	0.38%	+0.38%	NEW
44	PM	Philip Morris International	Stock-Consumer Staples	0.36%	+0.36%	NEW
45	JNJ	Johnson & Johnson	Stock-Healthcare	0.34%	-0.03%	-10.77%
46	WOR	Worthington Enterprises INC	Stock-Other	0.34%	—	—
47	✓	Google INC Class C	Stock-Other	0.34%	—	—
48	WBA	Walgreens Boots Alliance INC	Stock-Other	0.32%	—	+0.87%
49	ETN	Eaton Corporation plc	Stock-Industrials	0.30%	-0.53%	-69.11%
50	PFE	Pfizer INC	Stock-Healthcare	0.30%	+0.30%	NEW

1–50 of 52

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2016-09-30	52	$74.5M	25	1XOM 2INTC 3MSFT Top holdings2016-09-30 1.XOM 2.INTC 3.MSFT 4.ACN 5.FISV 6.TMO 7.WFC 8.DHR 9.CVS 10.TRV
2016-06-30	50	$80.2M	8	1XOM 2SHW 3DHR Top holdings2016-06-30 1.XOM 2.SHW 3.DHR 4.FISV 5.WFC 6.CVS 7.VZ 8.ACN 9.TRV 10.INTC
2016-03-31	49	$79.8M	20	1XOM 2ACN 3SHW Top holdings2016-03-31 1.XOM 2.ACN 3.SHW 4.DHR 5.CVS 6.WFC 7.FISV 8.VZ 9.MSFT 10.TRV
2015-12-31	47	$78.6M	13	1XOM 2MSFT 3WFC Top holdings2015-12-31 1.XOM 2.MSFT 3.WFC 4.ACN 5.SHW 6.DHR 7.HBAN 8.CVS 9.INTC 10.CELG
2015-09-30	43	$73.9M	23	1XOM 2FISV 3WFC Top holdings2015-09-30 1.XOM 2.FISV 3.WFC 4.ACN 5.DHR 6.SRCLEUR 7.MCK 8.HBAN 9.CVS 10.MSFT
2015-06-30	47	$87.9M	5	1XOM 2DHR 3WFC Top holdings2015-06-30 1.XOM 2.DHR 3.WFC 4.MCK 5.NVS 6.FISV 7.SHW 8.CVS 9.HBAN 10.ACN
2015-03-31	46	$90.0M	14	1XOM 2DHR 3MCK Top holdings2015-03-31 1.XOM 2.DHR 3.MCK 4.NVS 5.WFC 6.628530 7.SHW 8.FISV 9.CVS 10.HBAN
2014-12-31	45	$87.9M	12	1XOM 2DHR 3CVS Top holdings2014-12-31 1.XOM 2.DHR 3.CVS 4.MCK 5.WFC 6.628530 7.NVS 8.CERNCHF 9.MSFT 10.FISV
2014-09-30	45	$86.1M	12	1XOM 2FISV 3DHR Top holdings2014-09-30 1.XOM 2.FISV 3.DHR 4.MCK 5.WFC 6.NVS 7.MSFT 8.CVS 9.CERNCHF 10.INTC
2014-06-30	43	$88.5M	10	1XOM 2DHR 3FISV Top holdings2014-06-30 1.XOM 2.DHR 3.FISV 4.WFC 5.CELG 6.MCK 7.NVS 8.COP 9.TMO 10.628530
2014-03-31	39	$84.6M	14	1XOM238259P3DHR Top holdings2014-03-31 1.XOM 2.38259P 3.DHR 4.FISV 5.TMO 6.WFC 7.MCK 8.NVS 9.CVS 10.413086
2013-12-31	41	$87.3M	17	1XOM 2DHR338259P Top holdings2013-12-31 1.XOM 2.DHR 3.38259P 4.CVS 5.FISV 6.628530 7.SNI 8.CELG 9.413086 10.TMO
2013-09-30	38	$80.6M	13	1XOM 2DHR3413086 Top holdings2013-09-30 1.XOM 2.DHR 3.413086 4.MCK 5.38259P 6.CELG 7.SNI 8.FISV 9.628530 10.NVS
2013-06-30	42	$80.5M	0	1XOM26285303DHR Top holdings2013-06-30 1.XOM 2.628530 3.DHR 4.38259P 5.CVS 6.VZ 7.NVS 8.MCK 9.FISV 10.TMO

Holding changes this quarter

Spero-smith Investment Advisers INC /oh's most significant position changes for 2016-09-30: Sold out: Sherwin-williams Co/the (SHW); Sold out: ; New buy: Bp P.l.c.; Sold out: Bp Plc-spons Adr (BP); Sold out: Lincoln Electric Holdings (LECO).

Position changes disclosed by Spero-smith Investment Advisers INC /oh for the quarter ending 2016-09-30, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	INTC	Intel CORP	+0.8%	+3.78%	Add
2	MSFT	Microsoft CORP	+0.7%	+5.79%	Add
3	✓	Alphabet A	+0.4%	-3.13%	Trim
4	HBAN	Huntington Bancshares INC	+0.4%	-2.34%	Trim
5	ACN	Accenture plc	+0.4%	-2.22%	Trim
6	IBM	Intl Business Machines CORP	+0.3%	+6.39%	Add
7	SWKS	Skyworks Solutions INC	+0.3%	-1.32%	Trim
8	TMO	Thermo Fisher Scientific INC	+0.3%	-3.25%	Trim
9	MET	Metlife INC	+0.3%	-2.06%	Trim
10	CELG	Celgene CORP	+0.3%	-1.14%	Trim
11	CERNCHF	Cerner CORP	+0.2%	-2.92%	Trim
12	ECL	Ecolab INC	+0.2%	-0.34%	Trim
13	DISCAUSD	Discovery INC - A	+0.2%	-1.23%	Trim
14	XOM	Exxon Mobil CORP	+0.1%	+0.41%	Add
15	✓	Unilever PLC	+0.1%	-2.17%	Trim
16	MA	Mastercard INC - A	+0.1%	—	Unchanged
17	TGT	Target CORP	+0.1%	-1.01%	Trim
18	ROK	Rockwell Automation, Inc.	+0.1%	-1.92%	Trim
19	NVS	Novartis Ag-sponsored Adr	+0.1%	-1.15%	Trim
20	TRV	Travelers Cos Inc/the	0%	-1.89%	Trim
21	DIS	Walt Disney Co/the	0%	-2.97%	Trim
22	JNJ	Johnson & Johnson	0%	-10.77%	Trim
23	WFC	Wells Fargo & Co	0%	-1.75%	Trim
24	VFC	Vf CORP	0%	-1.02%	Trim
25	CVS	Cvs Health CORP	-0.1%	-1.70%	Trim
26	VZ	Verizon Communications INC	-0.1%	-3.32%	Trim
27	PEG	Public Service Enterprise Gp	-0.1%	-1.28%	Trim
28	FISV	Fiserv INC	-0.1%	-2.77%	Trim
29	MCK	Mckesson CORP	-0.1%	-2.28%	Trim
30	SRCLEUR	Stericycle INC	-0.4%	-2.32%	Trim
31	ETN	Eaton Corporation plc	-0.5%	-69.11%	Trim
32	DHR	Danaher CORP	-0.6%	-2.04%	Trim
33	SHW	Sherwin-williams Co/the	—	EXIT	Sold out
34	✓		—	EXIT	Sold out
35	✓	Bp P.l.c.	—	NEW	New buy
36	BP	Bp Plc-spons Adr	—	EXIT	Sold out
37	LECO	Lincoln Electric Holdings	—	EXIT	Sold out
38	FTV	Fortive CORP	—	NEW	New buy
39	✓	Apple Computer	—	NEW	New buy
40	BRK-B	Berkshire Hathaway Inc.	—	NEW	New buy
41	BRK-B	Berkshire Hathaway Inc-cl B	—	EXIT	Sold out
42	AAPL	Apple INC	—	EXIT	Sold out
43	JPM	Jpmorgan Chase & Co	—	NEW	New buy
44	AMGN	Amgen Inc.	—	NEW	New buy
45	NSC	Norfolk Southern CORP	—	NEW	New buy
46	PM	Philip Morris International	—	NEW	New buy
47	AMGN	Amgen INC	—	EXIT	Sold out
48	PFE	Pfizer INC	—	NEW	New buy
49	YUM	Yum! Brands INC	—	NEW	New buy
50	SBUX	Starbucks CORP	—	EXIT	Sold out

FAQ

What is Spero-smith Investment Advisers INC /oh and what type of investor is it?

Spero-smith Investment Advisers INC /oh 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 (2016-09-30), the firm manages a tracked equity portfolio valued at approximately $74.5M, spread across 52 disclosed positions.

What are Spero-smith Investment Advisers INC /oh's largest equity positions?

Based on the latest 13F filing, Spero-smith Investment Advisers INC /oh's top holdings by market value are: 1. Exxon Mobil CORP (XOM) — $12.2M (16.3%) 2. Intel CORP (INTC) — $2.6M (3.5%) 3. Microsoft CORP (MSFT) — $2.5M (3.3%) 4. Accenture plc (ACN) — $2.4M (3.2%) 5. Fiserv INC (FISV) — $2.2M (3.0%)

What changes did Spero-smith Investment Advisers INC /oh make in its most recent portfolio filing?

In the latest reported quarter, Spero-smith Investment Advisers INC /oh made 49 notable position adjustments: 10 new positions were initiated, 4 existing holdings were added to, 27 positions were partially reduced, and 8 were completely exited. The largest of these moves: Sold out: Sherwin-williams Co/the (SHW); Sold out: ; New buy: Bp P.l.c.; Sold out: Bp Plc-spons Adr (BP); Sold out: Lincoln Electric Holdings (LECO)

What sectors does Spero-smith Investment Advisers INC /oh focus on?

Spero-smith Investment Advisers INC /oh is concentrated in the following sectors based on its current disclosed equity portfolio: • Energy: 35.8% • Health Care: 24.6% • Information Technology: 17.4% • Financials: 7.8% • Communication Services: 6.6% • Consumer Staples: 4.6%