LA

Lau Associates LLC

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$200.9M

Reporting period: 2019-12-31 · Number of holdings: 95

LAU ASSOCIATES LLC disclosed 95 holdings in its latest 13F filing for the period ending 2019-12-31, with total reported value of $200.9M and a quarterly turnover rate of 14.5%.

Personality snowflake

Concentration
21.26
Portfolio Stability
14.46
Momentum/Contrarian
100
Sector conviction
61.15
Diversification
100
Sizing Uniformity
79.9

Recent moves

  • Trim IWD

    0.0%　-$4.6M

  • Add AAPL

    -0.7%　$4.8M

  • Add JPST

    +9.2%　$2.9M

  • Add INTC

    -0.1%　$1.3M

  • Trim CTVA

    -38.7%　-$620.0K

  • Trim 263534109

    0.0%　-$446.0K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 94 holdings (of 95 total)

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1JPSTJpmorgan Ultra-short IncomeETF-Other17.06%+0.45%+9.18%
2AAPLApple INCStock-Tech10.32%+1.90%-0.74%
3INTCIntel CORPStock-Tech4.70%+0.40%-0.09%
4JNJJohnson & JohnsonStock-Healthcare4.11%+0.20%-0.85%
5COPConocophillipsStock-Energy3.60%+0.23%-0.54%
6PEPPepsico INCStock-Consumer Staples3.53%——
7PSXPhillips 66Stock-Energy3.41%+0.08%—
8ACNAccenture plcStock-Tech2.48%+0.07%-0.04%
9MSFTMicrosoft CORPStock-Tech2.35%+0.12%-0.86%
10✓ Du Pont E I De Nemour&CoStock-Other2.01%-0.36%—
11PGProcter & Gamble Co/theStock-Consumer Staples1.94%—-1.27%
12DOWDow INCStock-Materials1.71%+0.13%—
13IDXXIdexx Laboratories INCStock-Healthcare1.61%-0.18%-0.44%
14MRKMerck & Co., Inc.Stock-Healthcare1.60%+0.01%-1.20%
15IVVIshares Core S&p 500 ETFETF-Large Cap & Growth1.57%+0.27%+18.30%
16JPMJpmorgan Chase & CoStock-Financials1.49%+0.13%-1.49%
17MMM3m CoStock-Industrials1.36%+0.01%-0.32%
18VIGVanguard Dividend Apprec ETFETF-Other1.21%-0.28%-16.60%
19KLACKla CORPStock-Tech1.21%+0.05%-1.45%
20IEFAIshares Core Msci Eafe ETFETF-Other1.20%+0.01%—
21HASHasbro INCStock-Consumer Disc1.15%-0.24%-0.91%
22NKENike INC -cl BStock-Consumer Disc1.13%+0.02%—
23GOOGLAlphabet Inc-cl AStock-Comm Services1.08%+0.03%—
24UNHUnitedhealth Group INCStock-Healthcare1.04%+0.22%-0.48%
25KOCoca-cola Co/theStock-Consumer Staples1.00%—-0.37%
26UTXZUnited Tech CORPStock-Other0.83%+0.02%—
27METAMeta Platforms Inc-class AStock-Comm Services0.80%+0.05%-0.86%
28MOAltria Group INCStock-Consumer Staples0.77%+0.10%—
29ALKAlaska Air Group INCStock-Industrials0.77%—-0.87%
30DFSEURDiscover Financial ServicesStock-Other0.74%——
31IWMIshares Russell 2000 ETFETF-Small Cap0.73%+0.02%—
32XOMExxon Mobil CORPStock-Energy0.71%——
33IWFIshares Russell 1000 GrowthETF-Other0.70%+0.02%—
34CMCSAComcast Corp-class AStock-Comm Services0.70%—-1.57%
35LOWLowe's Cos INCStock-Consumer Disc0.70%+0.03%+1.04%
36AMZNAmazon.com INCStock-Consumer Disc0.69%—-4.32%
37CSCOCisco Systems INCStock-Tech0.67%—+2.10%
38GSGoldman Sachs Group INCStock-Financials0.66%+0.02%—
39PMPhilip Morris InternationalStock-Consumer Staples0.64%+0.03%-0.66%
40ZBHZimmer Biomet Holdings INCStock-Healthcare0.62%+0.02%—
41LNCLincoln National CORPStock-Financials0.60%—-1.92%
42CVXChevron CORPStock-Energy0.57%—-0.71%
43CTVACorteva INCStock-Materials0.57%-0.36%-38.72%
44STZConstellation Brands Inc-aStock-Consumer Staples0.56%-0.09%—
45✓ Johnson Controls IncStock-Other0.55%-0.08%—
46INCYIncyte CORPStock-Healthcare0.54%+0.05%—
47BIIBBiogen INCStock-Healthcare0.53%+0.09%—
48GOOGAlphabet Inc-cl CStock-Comm Services0.50%+0.01%—
49NUENucor CORPStock-Materials0.49%—-1.13%
50IEMGIshares Core Msci EmergingETF-Emerging Markets0.48%+0.01%—
1–50 of 94

Holding changes this quarter

Lau Associates LLC's most significant position changes for 2019-12-31: Sold out: Abbvie INC (ABBV); Sold out: Canopy Growth Corporation (CGC); New buy: Vanguard Ftse Developed ETF (VEA); New buy: Walt Disney Co/the (DIS); Sold out: Home Depot INC (HD).

Position changes disclosed by Lau Associates LLC for the quarter ending 2019-12-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1AAPLApple INC+1.9%-0.74%Trim
2JPSTJpmorgan Ultra-short Income+0.5%+9.18%Add
3INTCIntel CORP+0.4%-0.09%Trim
4NVSNovartis Ag-sponsored Adr+0.3%+188.97%Add
5IVVIshares Core S&p 500 ETF+0.3%+18.30%Add
6COPConocophillips+0.2%-0.54%Trim
7UNHUnitedhealth Group INC+0.2%-0.48%Trim
8JNJJohnson & Johnson+0.2%-0.85%Trim
9DOWDow INC+0.1%—Unchanged
10JPMJpmorgan Chase & Co+0.1%-1.49%Trim
11MSFTMicrosoft CORP+0.1%-0.86%Trim
12MOAltria Group INC+0.1%—Unchanged
13BIIBBiogen INC+0.1%—Unchanged
14PSXPhillips 66+0.1%—Unchanged
15DVADavita INC+0.1%—Unchanged
16ACNAccenture plc+0.1%-0.04%Trim
17KLACKla CORP+0.1%-1.45%Trim
18METAMeta Platforms Inc-class A+0.1%-0.86%Trim
19INCYIncyte CORP+0.1%—Unchanged
20AMGNAmgen INC+0.1%-1.11%Trim
21GOOGLAlphabet Inc-cl A0%—Unchanged
22PMPhilip Morris International0%-0.66%Trim
23LOWLowe's Cos INC0%+1.04%Add
24CCitigroup Inc.0%—Unchanged
25NKENike INC -cl B0%—Unchanged
26UTXZUnited Tech CORP0%—Unchanged
27GSGoldman Sachs Group INC0%—Unchanged
28IWFIshares Russell 1000 Growth0%—Unchanged
29IWMIshares Russell 2000 ETF0%—Unchanged
30ZBHZimmer Biomet Holdings INC0%—Unchanged
31MRKMerck & Co., Inc.0%-1.20%Trim
32MMM3m Co0%-0.32%Trim
33IEFAIshares Core Msci Eafe ETF0%—Unchanged
34GOOGAlphabet Inc-cl C0%—Unchanged
35IEMGIshares Core Msci Emerging0%—Unchanged
36✓ Johnson Controls Inc-0.1%—Unchanged
37STZConstellation Brands Inc-a-0.1%—Unchanged
38BABoeing Co/the-0.1%—Unchanged
39IDXXIdexx Laboratories INC-0.2%-0.44%Trim
40HASHasbro INC-0.2%-0.91%Trim
41VIGVanguard Dividend Apprec ETF-0.3%-16.60%Trim
42CTVACorteva INC-0.4%-38.72%Trim
43✓ Du Pont E I De Nemour&Co-0.4%—Unchanged
44IWDIshares Russell 1000 Value E-2.4%—Unchanged
45ABBVAbbvie INC—EXITSold out
46CGCCanopy Growth Corporation—EXITSold out
47VEAVanguard Ftse Developed ETF—NEWNew buy
48DISWalt Disney Co/the—NEWNew buy
49HDHome Depot INC—EXITSold out
50✓ TPG Telecom Limited Ord—NEWNew buy

FAQ

What is Lau Associates LLC and what type of investor is it?
Lau Associates 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 (2019-12-31), the firm manages a tracked equity portfolio valued at approximately $200.9M, spread across 95 disclosed positions.
What are Lau Associates LLC's largest equity positions?
Based on the latest 13F filing, Lau Associates LLC's top holdings by market value are: 1. Jpmorgan Ultra-short Income (JPST) — $34.3M (17.1%) 2. Apple INC (AAPL) — $20.7M (10.3%) 3. Intel CORP (INTC) — $9.4M (4.7%) 4. Johnson & Johnson (JNJ) — $8.3M (4.1%) 5. Conocophillips (COP) — $7.2M (3.6%)
What changes did Lau Associates LLC make in its most recent portfolio filing?
In the latest reported quarter, Lau Associates LLC made 28 notable position adjustments: 3 new positions were initiated, 4 existing holdings were added to, 18 positions were partially reduced, and 3 were completely exited. The largest of these moves: Sold out: Abbvie INC (ABBV); Sold out: Canopy Growth Corporation (CGC); New buy: Vanguard Ftse Developed ETF (VEA); New buy: Walt Disney Co/the (DIS); Sold out: Home Depot INC (HD)
What sectors does Lau Associates LLC focus on?
Lau Associates LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 35.4% • Energy: 15.6% • Health Care: 14.8% • Consumer Staples: 14.4% • Financials: 6.7% • Communication Services: 6.3%