Greystone Investment Management LLC

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$195.4M

Reporting period: 2018-12-31 · Number of holdings: 45

GREYSTONE INVESTMENT MANAGEMENT LLC disclosed 45 holdings in its latest 13F filing for the period ending 2018-12-31, with total reported value of $195.4M and a quarterly turnover rate of 18.9%.

Personality snowflake

Concentration: 15.51
Portfolio Stability: 18.93
Momentum/Contrarian: 100
Sector conviction: 83.62
Diversification: 90
Sizing Uniformity: 91.27

Recent moves

Trim AL
-1.2%　-$3.1M
Add CVS
+42.4%　$820.0K
Add BRK-B
-2.3%　-$1.0M
Trim LBRDK
-42.7%　-$1.8M
Trim C
-0.2%　-$2.4M
Add ENB
+11.9%　$352.0K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	GOOG	Alphabet Inc-cl C	Stock-Comm Services	7.35%	+0.11%	-1.26%
2	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	7.05%	+0.67%	-2.26%
3	BAM	Brookfield Asset Management Ltd.	Stock-Financials	6.56%	+0.12%	+0.71%
4	MSFT	Microsoft CORP	Stock-Tech	5.91%	+0.19%	-1.92%
5	WFC	Wells Fargo & Co	Stock-Financials	4.53%	+0.10%	-1.78%
6	CMCSA	Comcast Corp-class A	Stock-Comm Services	4.13%	+0.48%	-0.66%
7	BNY	Bank Of New York Mellon CORP	Stock-Financials	4.09%	+0.35%	-0.23%
8	BAC	Bank Of America CORP	Stock-Financials	3.84%	+0.03%	+1.79%
9	HHC*	Howard Hughes Corp/the	Stock-Other	3.55%	-0.35%	-2.19%
10	PYPL	Paypal Holdings INC	Stock-Financials	3.42%	+0.38%	-0.73%
11	ORCL	Oracle CORP	Stock-Tech	3.29%	+0.11%	-0.42%
12	C	Citigroup INC	Stock-Financials	3.21%	-0.54%	-0.23%
13	AAPL	Apple INC	Stock-Tech	3.08%	+0.41%	+39.02%
14	CBRE	Cbre Group INC - A	Stock-Real Estate	2.96%	+0.19%	-0.81%
15	BIP	Brookfield Infrastructure Partners L.P.	Stock-Utilities	2.95%	+0.05%	-0.55%
16	AL	Air Lease CORP	Stock-Other	2.93%	-0.87%	-1.19%
17	BKNG	Booking Holdings INC	Stock-Consumer Disc	2.78%	+0.06%	-0.72%
18	CVS	Cvs Health CORP	Stock-Healthcare	2.68%	+0.77%	+42.43%
19	MA	Mastercard INC - A	Stock-Financials	2.60%	-0.03%	-1.59%
20	ENB	Enbridge INC	Stock-Energy	2.49%	+0.54%	+11.90%
21	IBB	Ishares Biotechnology ETF	ETF-Tech	2.09%	-0.17%	-1.37%
22	DIS	Walt Disney Co/the	Stock-Comm Services	1.93%	+0.22%	+1.44%
23	META	Meta Platforms Inc-class A	Stock-Comm Services	1.81%	-0.09%	+0.90%
24	BPYPN	Brookfield Property Partners L.P.	Stock-Other	1.76%	-0.45%	-12.70%
25	NKE	Nike INC -cl B	Stock-Consumer Disc	1.70%	+0.05%	-0.96%
26	IEO	Ishares U.s. Oil & Gas Explo	ETF-Other	1.53%	-0.39%	-1.12%
27	LOW	Lowe's Cos INC	Stock-Consumer Disc	1.49%	-0.10%	-1.83%
28	MSGS	Madison Square Garden Sports	Stock-Comm Services	1.46%	—	-0.94%
29	VGT	Vanguard Info Tech ETF	ETF-Tech	0.94%	-0.02%	+0.46%
30	LBRDK	Liberty Broadband-c	Stock-Comm Services	0.90%	-0.65%	-42.66%
31	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	0.84%	+0.03%	+0.06%
32	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	0.79%	+0.02%	+0.61%
33	CHTR	Charter Communications Inc-a	Stock-Comm Services	0.55%	-0.21%	-30.10%
34	EPD	Enterprise Products Partners	Stock-Energy	0.51%	-0.07%	-13.93%
35	BAC	Bank of America Corporation	Stock-Financials	0.36%	-0.48%	-49.25%
36	VYM	Vanguard High Dvd Yield ETF	ETF-Other	0.32%	+0.01%	-1.72%
37	BPYPN	Brookfield Property Partners L.P.	Stock-Other	0.29%	+0.29%	NEW
38	AIG	American International Group	Stock-Financials	0.25%	-0.05%	-7.04%
39	VHT	Vanguard Health Care ETF	ETF-Other	0.21%	+0.01%	—
40	LIN	Linde plc	Stock-Materials	0.19%	+0.19%	NEW
41	VXUS	Vanguard Total Intl Stock	ETF-Other	0.18%	+0.01%	-0.55%
42	AMGN	Amgen INC	Stock-Healthcare	0.16%	+0.02%	—
43	ITW	Illinois Tool Works	Stock-Industrials	0.16%	+0.01%	—
44	EMR	Emerson Electric Co	Stock-Industrials	0.12%	-0.01%	—
45	WPS	Ishares International Develo	ETF-Other	0.11%	—	-16.36%

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2018-12-31	45	$195.4M	19	1GOOG 2BRK-B 3BAM Top holdings2018-12-31 1.GOOG 2.BRK-B 3.BAM 4.MSFT 5.WFC 6.CMCSA 7.BNY 8.BAC 9.HHC* 10.PYPL
2018-09-30	47	$231.6M	12	1GOOG 2BAM 3BRK-B Top holdings2018-09-30 1.GOOG 2.BAM 3.BRK-B 4.MSFT 5.WFC 6.HHC* 7.BAC 8.AL 9.C 10.BNY
2018-06-30	48	$217.8M	15	1GOOG 2BAM 3BRK-B Top holdings2018-06-30 1.GOOG 2.BAM 3.BRK-B 4.MSFT 5.WFC 6.HHC* 7.BNY 8.BAC 9.AL 10.CMCSA
2018-03-31	49	$215.2M	20	1GOOG 2BRK-B 3BAM Top holdings2018-03-31 1.GOOG 2.BRK-B 3.BAM 4.MSFT 5.WFC 6.HHC* 7.BAC 8.BNY 9.AL 10.BIP
2017-12-31	51	$220.9M	12	1BAM 2BRK-B 3GOOG Top holdings2017-12-31 1.BAM 2.BRK-B 3.GOOG 4.WFC 5.MSFT 6.BNY 7.HHC* 8.AL 9.BAC 10.BIP
2017-09-30	49	$207.9M	13	1BAM 2BRK-B 3GOOG Top holdings2017-09-30 1.BAM 2.BRK-B 3.GOOG 4.BNY 5.WFC 6.MSFT 7.HHC* 8.AL 9.BAC 10.BIP
2017-06-30	50	$206.0M	14	1BAM 2BRK-B 3GOOG Top holdings2017-06-30 1.BAM 2.BRK-B 3.GOOG 4.BNY 5.WFC 6.MSFT 7.HHC* 8.BAC 9.AL 10.BIP
2017-03-31	52	$206.0M	18	1BRK-B 2BAM 3GOOG Top holdings2017-03-31 1.BRK-B 2.BAM 3.GOOG 4.WFC 5.BNY 6.MSFT 7.HHC* 8.AEP 9.AL 10.BAC
2016-12-31	52	$192.6M	18	1BRK-B 2BAM 3WFC Top holdings2016-12-31 1.BRK-B 2.BAM 3.WFC 4.BNY 5.BAC 6.MSFT 7.AEP 8.GOOG 9.HHC* 10.TWXCHF
2016-09-30	53	$197.3M	15	1BAM 2BRK-B 3BNY Top holdings2016-09-30 1.BAM 2.BRK-B 3.BNY 4.GOOG 5.WFC 6.MSFT 7.HHC* 8.AEP 9.BAC 10.IBB
2016-06-30	54	$221.5M	22	1BAM 2BRK-B 3BNY Top holdings2016-06-30 1.BAM 2.BRK-B 3.BNY 4.WFC 5.AEP 6.HHC* 7.GOOG 8.MSFT 9.BAC 10.ORCL
2016-03-31	56	$235.8M	21	1BAM 2BRK-B 3BNY Top holdings2016-03-31 1.BAM 2.BRK-B 3.BNY 4.WFC 5.GOOG 6.AEP 7.MSFT 8.HHC* 9.AL 10.BAC
2015-12-31	56	$237.5M	41	1MSFT 2BAM 3BRK-B Top holdings2015-12-31 1.MSFT 2.BAM 3.BRK-B 4.WFC 5.BNY 6.GOOG 7.BAC 8.AEP 9.HHC* 10.NSRGY
2015-09-30	56	$241.4M	29	1BAM 2MSFT 3BRK-B Top holdings2015-09-30 1.BAM 2.MSFT 3.BRK-B 4.WFC 5.BNY 6.HHC* 7.NSRGY 8.BAC 9.38259P 10.AEP
2015-06-30	60	$264.9M	16	1BAM 2MSFT 3WFC Top holdings2015-06-30 1.BAM 2.MSFT 3.WFC 4.HHC* 5.BNY 6.WMB 7.BRK-B 8.BAC 9.NSRGY 10.AL
2015-03-31	59	$260.1M	32	1BAM 2HHC3G21765 Top holdings2015-03-31 1.BAM 2.HHC 3.G21765 4.WFC 5.MSFT 6.BNY 7.BRK-B 8.WMB 9.AL 10.NSRGY
2014-12-31	58	$263.0M	15	1BAM 2MSFT 3WFC Top holdings2014-12-31 1.BAM 2.MSFT 3.WFC 4.BRK-B 5.BNY 6.Y13213 7.HHC* 8.BAC 9.DVN 10.NSRGY
2014-09-30	58	$254.9M	20	1BRK-B 2BAM 3MSFT Top holdings2014-09-30 1.BRK-B 2.BAM 3.MSFT 4.HHC* 5.WFC 6.BNY 7.DVN 8.Y13213 9.BAC 10.NSRGY
2014-06-30	59	$258.8M	21	1BAM 2BRK-B 3HHC* Top holdings2014-06-30 1.BAM 2.BRK-B 3.HHC* 4.DVN 5.MSFT 6.WFC 7.Y13213 8.BNY 9.NSRGY 10.AL
2014-03-31	57	$257.8M	25	1BAM 2BRK-B 3MSFT Top holdings2014-03-31 1.BAM 2.BRK-B 3.MSFT 4.HHC* 5.WFC 6.Y13213 7.DVN 8.BNY 9.NSRGY 10.25490A
2013-12-31	55	$251.3M	18	1BAM 2BRK-B 3MSFT Top holdings2013-12-31 1.BAM 2.BRK-B 3.MSFT 4.WFC 5.Y13213 6.BNY 7.HHC* 8.DVN 9.NSRGY 10.25490A
2013-09-30	54	$235.4M	18	1BAM 2BRK-B3Y13213 Top holdings2013-09-30 1.BAM 2.BRK-B 3.Y13213 4.MSFT 5.WFC 6.HHC* 7.BNY 8.NSRGY 9.F12033 10.25490A
2013-06-30	52	$235.5M	0	1BRK-B 2BAM 3MSFT Top holdings2013-06-30 1.BRK-B 2.BAM 3.MSFT 4.WFC 5.HHC* 6.Y13213 7.BNY 8.NSRGY 9.INTC 10.F12033

Holding changes this quarter

Greystone Investment Management LLC's most significant position changes for 2018-12-31: Sold out: Brookfield Renewable Partners L.P. (BEP); New buy: Brookfield Property Partners L.P. (BPYPN); Sold out: Praxair INC (PXGBX); New buy: Linde plc (LIN); Sold out: United Tech CORP (UTXZ).

Position changes disclosed by Greystone Investment Management LLC for the quarter ending 2018-12-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	CVS	Cvs Health CORP	+0.8%	+42.43%	Add
2	BRK-B	Berkshire Hathaway Inc-cl B	+0.7%	-2.26%	Trim
3	ENB	Enbridge INC	+0.5%	+11.90%	Add
4	CMCSA	Comcast Corp-class A	+0.5%	-0.66%	Trim
5	AAPL	Apple INC	+0.4%	+39.02%	Add
6	PYPL	Paypal Holdings INC	+0.4%	-0.73%	Trim
7	BNY	Bank Of New York Mellon CORP	+0.4%	-0.23%	Trim
8	DIS	Walt Disney Co/the	+0.2%	+1.44%	Add
9	MSFT	Microsoft CORP	+0.2%	-1.92%	Trim
10	CBRE	Cbre Group INC - A	+0.2%	-0.81%	Trim
11	BAM	Brookfield Asset Management Ltd.	+0.1%	+0.71%	Add
12	GOOG	Alphabet Inc-cl C	+0.1%	-1.26%	Trim
13	ORCL	Oracle CORP	+0.1%	-0.42%	Trim
14	WFC	Wells Fargo & Co	+0.1%	-1.78%	Trim
15	BKNG	Booking Holdings INC	+0.1%	-0.72%	Trim
16	BIP	Brookfield Infrastructure Partners L.P.	+0.1%	-0.55%	Trim
17	NKE	Nike INC -cl B	+0.1%	-0.96%	Trim
18	BAC	Bank Of America CORP	0%	+1.79%	Add
19	GOOGL	Alphabet Inc-cl A	0%	+0.06%	Add
20	VTI	Vanguard Total Stock Mkt ETF	0%	+0.61%	Add
21	AMGN	Amgen INC	0%	—	Unchanged
22	VYM	Vanguard High Dvd Yield ETF	0%	-1.72%	Trim
23	VXUS	Vanguard Total Intl Stock	0%	-0.55%	Trim
24	VHT	Vanguard Health Care ETF	0%	—	Unchanged
25	ITW	Illinois Tool Works	0%	—	Unchanged
26	MSGS	Madison Square Garden Sports	—	-0.94%	Trim
27	WPS	Ishares International Develo	—	-16.36%	Trim
28	EMR	Emerson Electric Co	0%	—	Unchanged
29	VGT	Vanguard Info Tech ETF	0%	+0.46%	Add
30	MA	Mastercard INC - A	0%	-1.59%	Trim
31	AIG	American International Group	-0.1%	-7.04%	Trim
32	EPD	Enterprise Products Partners	-0.1%	-13.93%	Trim
33	META	Meta Platforms Inc-class A	-0.1%	+0.90%	Add
34	LOW	Lowe's Cos INC	-0.1%	-1.83%	Trim
35	IBB	Ishares Biotechnology ETF	-0.2%	-1.37%	Trim
36	CHTR	Charter Communications Inc-a	-0.2%	-30.10%	Trim
37	HHC*	Howard Hughes Corp/the	-0.4%	-2.19%	Trim
38	IEO	Ishares U.s. Oil & Gas Explo	-0.4%	-1.12%	Trim
39	BPYPN	Brookfield Property Partners L.P.	-0.5%	-12.70%	Trim
40	BAC	Bank of America Corporation	-0.5%	-49.25%	Trim
41	C	Citigroup INC	-0.5%	-0.23%	Trim
42	LBRDK	Liberty Broadband-c	-0.7%	-42.66%	Trim
43	AL	Air Lease CORP	-0.9%	-1.19%	Trim
44	BEP	Brookfield Renewable Partners L.P.	—	EXIT	Sold out
45	BPYPN	Brookfield Property Partners L.P.	—	NEW	New buy
46	PXGBX	Praxair INC	—	EXIT	Sold out
47	LIN	Linde plc	—	NEW	New buy
48	UTXZ	United Tech CORP	—	EXIT	Sold out
49	WAFD	Wafd INC	—	EXIT	Sold out

FAQ

What is Greystone Investment Management LLC and what type of investor is it?

Greystone Investment Management 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 (2018-12-31), the firm manages a tracked equity portfolio valued at approximately $195.4M, spread across 45 disclosed positions.

What are Greystone Investment Management LLC's largest equity positions?

Based on the latest 13F filing, Greystone Investment Management LLC's top holdings by market value are: 1. Alphabet Inc-cl C (GOOG) — $14.4M (7.3%) 2. Berkshire Hathaway Inc-cl B (BRK-B) — $13.8M (7.0%) 3. Brookfield Asset Management Ltd. (BAM) — $12.8M (6.6%) 4. Microsoft CORP (MSFT) — $11.5M (5.9%) 5. Wells Fargo & Co (WFC) — $8.8M (4.5%)

What changes did Greystone Investment Management LLC make in its most recent portfolio filing?

In the latest reported quarter, Greystone Investment Management LLC made 45 notable position adjustments: 2 new positions were initiated, 10 existing holdings were added to, 29 positions were partially reduced, and 4 were completely exited. The largest of these moves: Sold out: Brookfield Renewable Partners L.P. (BEP); New buy: Brookfield Property Partners L.P. (BPYPN); Sold out: Praxair INC (PXGBX); New buy: Linde plc (LIN); Sold out: United Tech CORP (UTXZ)

What sectors does Greystone Investment Management LLC focus on?

Greystone Investment Management LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 39.9% • Communication Services: 26.5% • Information Technology: 19.6% • Consumer Discretionary: 9.5% • Health Care: 4.5%