Jolley Asset Management, LLC

Diversified strategyContrarianQuality / disciplined sizing

Total reported value

$130.1M

Reporting period: 2020-03-31 · Number of holdings: 77

Jolley Asset Management, LLC disclosed 77 holdings in its latest 13F filing for the period ending 2020-03-31, with total reported value of $130.1M and a quarterly turnover rate of 65.9%.

Personality snowflake

Concentration: 9.19
Portfolio Stability: 65.91
Momentum/Contrarian: 0
Sector conviction: 56.55
Diversification: 100
Sizing Uniformity: 91.18

Recent moves

Trim 92189f106
-89.0%　-$4.9M
Add 25243q205
+1233.3%　$3.3M
Trim AMAT
-65.0%　-$3.9M
Trim AAPL
-48.2%　-$3.3M
Trim SLB
-0.2%　-$2.1M
Trim g491bt108
-1.6%　-$2.0M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	SONY	Sony Group CORP - Sp Adr	Stock-Tech	3.64%	+0.37%	-5.23%
2	INTC	Intel CORP	Stock-Tech	3.54%	+0.57%	-2.41%
3	✓	Merck & Co., Inc.	Stock-Other	3.27%	+0.34%	-2.31%
4	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	3.23%	+0.43%	+5.83%
5	PFE	Pfizer INC	Stock-Healthcare	3.16%	+0.35%	-0.28%
6	CVS	Cvs Health CORP	Stock-Healthcare	3.10%	+0.24%	+0.59%
7	D	Dominion Energy INC	Stock-Utilities	3.08%	+0.48%	+0.43%
8	✓	Verizon Communications Inc.	Stock-Other	2.99%	+0.44%	-0.87%
9	NVS	Novartis Ag-sponsored Adr	Stock-Healthcare	2.98%	+0.41%	-1.56%
10	✓	Alphabet Inc.	Stock-Other	2.97%	+2.97%	NEW
11	CSCO	Cisco Systems INC	Stock-Tech	2.94%	+0.26%	-1.15%
12	UPS	United Parcel Service-cl B	Stock-Industrials	2.90%	+0.17%	-1.72%
13	QCOM	Qualcomm INC	Stock-Tech	2.86%	+0.09%	-0.47%
14	✓	Diageo plc	Stock-Other	2.79%	+2.59%	+1233.29%
15	KO	Coca-cola Co/the	Stock-Consumer Staples	2.56%	+2.56%	NEW
16	JPM	Jpmorgan Chase & Co	Stock-Financials	2.56%	-0.49%	-3.96%
17	BAC	Bank Of America CORP	Stock-Financials	2.51%	-0.65%	-2.54%
18	DIS	Walt Disney Co/the	Stock-Comm Services	2.44%	-0.28%	-0.57%
19	✓	ServiceMaster Global Holdings,	Stock-Other	2.43%	+2.43%	NEW
20	TJX	Tjx Companies INC	Stock-Consumer Disc	2.37%	+2.37%	NEW
21	✓	Comcast Corporation	Stock-Other	2.36%	+0.02%	-2.58%
22	✓	Twitter INC	Stock-Other	2.33%	+2.33%	NEW
23	L	Loews CORP	Stock-Financials	2.24%	-0.30%	-1.96%
24	RTN1USD	Raytheon Company	Stock-Other	2.15%	-0.57%	-2.12%
25	AAPL	Apple INC	Stock-Tech	2.07%	-1.34%	-48.25%
26	✓	MetLife, Inc.	Stock-Other	2.06%	-0.50%	-0.40%
27	BAYRY	Bayer Ag-sponsored Adr	Stock-Other	1.79%	+1.79%	NEW
28	ABT	Abbott Laboratories	Stock-Healthcare	1.58%	—	-2.43%
29	✓	The Mosaic Company	Stock-Other	1.58%	-0.71%	+2.19%
30	RHHBY	Roche Holdings Ltd-spons Adr	Stock-Other	1.55%	+1.55%	NEW
31	✓	Invesco Ltd.	Stock-Other	1.52%	-0.74%	-1.55%
32	✓	John Hancock T/a Dvd Income	Stock-Other	1.39%	-0.20%	+0.20%
33	GAB	Gabelli Equity Trust	Stock-Other	1.38%	-0.05%	—
34	CVX	Chevron CORP	Stock-Energy	1.18%	-0.31%	-2.19%
35	EFA	Ishares Msci Eafe ETF	ETF-Other	1.15%	+0.05%	—
36	AMAT	Applied Materials INC	Stock-Tech	1.07%	-1.94%	-65.01%
37	✓	Gabelli Dividend & Income Trus	Stock-Other	1.04%	-0.10%	+0.33%
38	✓	AbbVie Inc.	Stock-Other	0.88%	—	+1.01%
39	✓	Eaton Vance Tax Adv Global Div	Stock-Other	0.85%	+0.85%	NEW
40	SLB	Slb LTD	Stock-Energy	0.82%	-0.99%	-0.20%
41	✓	Exxon Mobil Corporation	Stock-Other	0.62%	-0.20%	+2.44%
42	USA	Liberty All Star Equity Fund	Stock-Other	0.58%	—	+9.66%
43	NSRGY	Nestle Sa-spons Adr	Stock-Other	0.57%	+0.57%	NEW
44	PEP	Pepsico INC	Stock-Consumer Staples	0.54%	—	-12.98%
45	PINE	Alpine Income Property Trust, Inc.	Stock-Other	0.51%	+0.51%	NEW
46	✓	Gabelli Multimedia Trinc Com I	Stock-Other	0.50%	—	+10.01%
47	✓	Fox Corporation	Stock-Other	0.50%	-0.11%	-4.60%
48	DISCAUSD	Discovery INC - A	Stock-Other	0.46%	—	+11.56%
49	DLTR	Dollar Tree INC	Stock-Consumer Staples	0.44%	—	+5.63%
50	✓	Invesco S&p 500 Equal Weight E	Stock-Other	0.42%	—	-8.93%

1–50 of 77

Portfolio Performance

Not enough priced holdings yet to compute performance

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2020-03-31	77	$130.1M	66	1SONY 2INTC358933y Top holdings2020-03-31 1.SONY 2.INTC 3.58933y 4.BRK-B 5.PFE 6.CVS 7.D 8.92343v 9.NVS 10.02079k
2019-12-31	74	$175.8M	19	1AAPL 2SONY 3BAC Top holdings2019-12-31 1.AAPL 2.SONY 3.BAC 4.JPM 5.92189f 6.AMAT 7.INTC 8.58933y 9.DAL 10.CVS
2019-09-30	59	$153.8M	16	1SONY 2DAL 3AAPL Top holdings2019-09-30 1.SONY 2.DAL 3.AAPL 4.UPS 5.92189f 6.58933y 7.PFE 8.BAC 9.JPM 10.CSCO
2019-06-30	60	$155.8M	22	1PFE 2CSCO 3DAL Top holdings2019-06-30 1.PFE 2.CSCO 3.DAL 4.58933y 5.FLO 6.DIS 7.BAC 8.BRK-B 9.92189f 10.002444
2019-03-31	53	$138.2M	39	1PFE 2CSCO358933y Top holdings2019-03-31 1.PFE 2.CSCO 3.58933y 4.TSN 5.NVS 6.FLO 7.DAL 8.INTC 9.61945c 10.BAC
2018-12-31	54	$130.4M	27	1PFE261945c390130a Top holdings2018-12-31 1.PFE 2.61945c 3.90130a 4.BRK-B 5.58933y 6.CSCO 7.DLTR 8.DAL 9.QCOM 10.NVS
2018-09-30	65	$149.1M	23	161945c2QCOM 3PFE Top holdings2018-09-30 1.61945c 2.QCOM 3.PFE 4.BRK-B 5.DAL 6.CSCO 7.002444 8.BAC 9.AAPL 10.90130a
2018-06-30	170	$149.3M	64	161945c290130a3QCOM Top holdings2018-06-30 1.61945c 2.90130a 3.QCOM 4.BRK-B 5.PFE 6.FLO 7.BAC 8.BAYRY 9.002444 10.UPS
2018-03-31	186	$165.1M	69	1BAC 2AAPL 3XXI Top holdings2018-03-31 1.BAC 2.AAPL 3.XXI 4.FLO 5.DAL 6.TSN 7.BRK-B 8.AMAT 9.DLTR 10.PFE
2017-12-31	176	$157.1M	20	1DLTR 2JPM 3CSCO Top holdings2017-12-31 1.DLTR 2.JPM 3.CSCO 4.TSN 5.WMT 6.AAPL 7.DAL 8.QCOM 9.BAC 10.61945c
2017-09-30	179	$147.4M	15	1JPM 2GILD 3CSCO Top holdings2017-09-30 1.JPM 2.GILD 3.CSCO 4.AAPL 5.UPS 6.002444 7.TSN 8.DLTR 9.PFE 10.FLO
2017-06-30	167	$142.7M	24	1JPM 2DAL 3AAPL Top holdings2017-06-30 1.JPM 2.DAL 3.AAPL 4.GILD 5.CSCO 6.03524a 7.UPS 8.59156r 9.QCOM 10.PFE
2017-03-31	150	$139.2M	21	1JPM 2AEP390130a Top holdings2017-03-31 1.JPM 2.AEP 3.90130a 4.CSCO 5.59156r 6.582839 7.61945c 8.UPS 9.AAPL 10.L
2016-12-31	154	$139.5M	20	1BAC 2JPM 3AMAT Top holdings2016-12-31 1.BAC 2.JPM 3.AMAT 4.AEP 5.413086 6.61945c 7.L 8.CSX 9.FLO 10.UPS
2016-09-30	148	$123.6M	25	1AMAT 2CSCO 3AEP Top holdings2016-09-30 1.AMAT 2.CSCO 3.AEP 4.BAC 5.JPM 6.PFE 7.UPS 8.QCOM 9.GILD 10.L
2016-06-30	147	$124.3M	17	1AEP 2AMAT 3PFE Top holdings2016-06-30 1.AEP 2.AMAT 3.PFE 4.UPS 5.CSCO 6.JPM 7.L 8.413086 9.CSX 10.FLO
2016-03-31	139	$109.8M	31	1AEP 2CSCO 3UPS Top holdings2016-03-31 1.AEP 2.CSCO 3.UPS 4.AMAT 5.NUE 6.L 7.JPM 8.PFE 9.FLO 10.IBM
2015-12-31	118	$105.2M	15	102079k2AEP 3JPM Top holdings2015-12-31 1.02079k 2.AEP 3.JPM 4.PFE 5.L 6.CSCO 7.JNJ 8.BAC 9.UPS 10.AMAT
2015-09-30	114	$98.7M	34	102079k2PFE 3JPM Top holdings2015-09-30 1.02079k 2.PFE 3.JPM 4.UPS 5.CSCO 6.AEP 7.L 8.WMT 9.NVS 10.YUM
2015-06-30	118	$110.0M	17	1JPM 2PFE 3WMT Top holdings2015-06-30 1.JPM 2.PFE 3.WMT 4.UPS 5.38259p 6.59156r 7.STT 8.L 9.CSCO 10.AEP
2015-03-31	118	$120.4M	26	1PFE238259p3L Top holdings2015-03-31 1.PFE 2.38259p 3.L 4.AEP 5.UPS 6.WMT 7.JPM 8.IBM 9.NUE 10.CSCO
2014-12-31	122	$120.8M	30	1DUK 2WMT 3UPS Top holdings2014-12-31 1.DUK 2.WMT 3.UPS 4.BA 5.AEP 6.JPM 7.STT 8.NUE 9.CSCO 10.PFE
2014-09-30	118	$124.0M	20	1AEP 2NUE 3DUK Top holdings2014-09-30 1.AEP 2.NUE 3.DUK 4.BA 5.002444 6.JPM 7.L 8.JNJ 9.59156r 10.481165
2014-06-30	124	$136.1M	17	1AEP24410603SLB Top holdings2014-06-30 1.AEP 2.441060 3.SLB 4.002444 5.NFG 6.94106l 7.BA 8.COP 9.L 10.59156r
2014-03-31	120	$134.4M	20	1AEP24410603BA Top holdings2014-03-31 1.AEP 2.441060 3.BA 4.002444 5.94106l 6.DUK 7.DE 8.PFE 9.SONY 10.JPM
2013-12-31	126	$126.7M	28	1AEP238259p3BA Top holdings2013-12-31 1.AEP 2.38259p 3.BA 4.002444 5.94106l 6.DUK 7.59156r 8.UPS 9.PFE 10.JPM
2013-09-30	121	$120.0M	26	10024442AEP 3BA Top holdings2013-09-30 1.002444 2.AEP 3.BA 4.441060 5.94106l 6.PFE 7.NFG 8.38259p 9.DUK 10.AMAT
2013-06-30	118	$123.5M	0	1441060259156r3AEP Top holdings2013-06-30 1.441060 2.59156r 3.AEP 4.WM 5.38259p 6.BA 7.NFG 8.002444 9.PFE 10.DE

Holding changes this quarter

Jolley Asset Management, LLC's most significant position changes for 2020-03-31: Sold out: Delta Air Lines INC (DAL); Sold out: Carnival CORP LTD (CCL1EUR); Sold out: Avx CORP New; New buy: Alphabet Inc.; Sold out: Gilead Sciences INC (GILD).

Position changes disclosed by Jolley Asset Management, LLC for the quarter ending 2020-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	✓	Diageo plc	+2.6%	+1233.29%	Add
2	INTC	Intel CORP	+0.6%	-2.41%	Trim
3	D	Dominion Energy INC	+0.5%	+0.43%	Add
4	✓	Verizon Communications Inc.	+0.4%	-0.87%	Trim
5	BRK-B	Berkshire Hathaway Inc-cl B	+0.4%	+5.83%	Add
6	NVS	Novartis Ag-sponsored Adr	+0.4%	-1.56%	Trim
7	SONY	Sony Group CORP - Sp Adr	+0.4%	-5.23%	Trim
8	PFE	Pfizer INC	+0.4%	-0.28%	Trim
9	✓	Merck & Co., Inc.	+0.3%	-2.31%	Trim
10	CSCO	Cisco Systems INC	+0.3%	-1.15%	Trim
11	CVS	Cvs Health CORP	+0.2%	+0.59%	Add
12	UPS	United Parcel Service-cl B	+0.2%	-1.72%	Trim
13	QCOM	Qualcomm INC	+0.1%	-0.47%	Trim
14	EFA	Ishares Msci Eafe ETF	+0.1%	—	Unchanged
15	✓	Comcast Corporation	0%	-2.58%	Trim
16	GAB	Gabelli Equity Trust	-0.1%	—	Unchanged
17	✓	Gabelli Dividend & Income Trus	-0.1%	+0.33%	Add
18	✓	Fox Corporation	-0.1%	-4.60%	Trim
19	✓	John Hancock T/a Dvd Income	-0.2%	+0.20%	Add
20	✓	Exxon Mobil Corporation	-0.2%	+2.44%	Add
21	DIS	Walt Disney Co/the	-0.3%	-0.57%	Trim
22	L	Loews CORP	-0.3%	-1.96%	Trim
23	CVX	Chevron CORP	-0.3%	-2.19%	Trim
24	JPM	Jpmorgan Chase & Co	-0.5%	-3.96%	Trim
25	✓	MetLife, Inc.	-0.5%	-0.40%	Trim
26	RTN1USD	Raytheon Company	-0.6%	-2.12%	Trim
27	BAC	Bank Of America CORP	-0.7%	-2.54%	Trim
28	✓	The Mosaic Company	-0.7%	+2.19%	Add
29	✓	Invesco Ltd.	-0.7%	-1.55%	Trim
30	SLB	Slb LTD	-1%	-0.20%	Trim
31	AAPL	Apple INC	-1.3%	-48.25%	Trim
32	AMAT	Applied Materials INC	-1.9%	-65.01%	Trim
33	✓	VanEck China Semiconductor ETF	-2.7%	-89.03%	Trim
34	DAL	Delta Air Lines INC	—	EXIT	Sold out
35	CCL1EUR	Carnival CORP LTD	—	EXIT	Sold out
36	✓	Avx CORP New	—	EXIT	Sold out
37	✓	Alphabet Inc.	—	NEW	New buy
38	GILD	Gilead Sciences INC	—	EXIT	Sold out
39	WMT	Walmart INC	—	EXIT	Sold out
40	KO	Coca-cola Co/the	—	NEW	New buy
41	✓	ServiceMaster Global Holdings,	—	NEW	New buy
42	TJX	Tjx Companies INC	—	NEW	New buy
43	✓	Twitter INC	—	NEW	New buy
44	BAYRY	Bayer Ag-sponsored Adr	—	NEW	New buy
45	RHHBY	Roche Holdings Ltd-spons Adr	—	NEW	New buy
46	✓	Eaton Vance Tax Adv Global Div	—	NEW	New buy
47	NSRGY	Nestle Sa-spons Adr	—	NEW	New buy
48	PINE	Alpine Income Property Trust, Inc.	—	NEW	New buy
49	MGM	Mgm Resorts International	—	EXIT	Sold out
50	RDS-A	Shell Plc-spon Adr-a	—	EXIT	Sold out

FAQ

What is Jolley Asset Management, LLC and what type of investor is it?

Jolley Asset 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 (2020-03-31), the firm manages a tracked equity portfolio valued at approximately $130.1M, spread across 77 disclosed positions.

What are Jolley Asset Management, LLC's largest equity positions?

Based on the latest 13F filing, Jolley Asset Management, LLC's top holdings by market value are: 1. Sony Group CORP - Sp Adr (SONY) — $4.7M (3.6%) 2. Intel CORP (INTC) — $4.6M (3.5%) 3. Merck & Co., Inc. — $4.3M (3.3%) 4. Berkshire Hathaway Inc-cl B (BRK-B) — $4.2M (3.2%) 5. Pfizer INC (PFE) — $4.1M (3.2%)

What changes did Jolley Asset Management, LLC make in its most recent portfolio filing?

In the latest reported quarter, Jolley Asset Management, LLC made 48 notable position adjustments: 10 new positions were initiated, 8 existing holdings were added to, 23 positions were partially reduced, and 7 were completely exited. The largest of these moves: Sold out: Delta Air Lines INC (DAL); Sold out: Carnival CORP LTD (CCL1EUR); Sold out: Avx CORP New; New buy: Alphabet Inc.; Sold out: Gilead Sciences INC (GILD)

What sectors does Jolley Asset Management, LLC focus on?

Jolley Asset Management, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 24.3% • Health Care: 22.9% • Communication Services: 20.5% • Financials: 16.3% • Consumer Staples: 6.3% • Industrials: 6.1%