Groesbeck Investment Management Corp is based out of Paramus. Groesbeck Investment Management Corp is a mid-sized advisory firm with 47 clients and discretionary assets under management (AUM) of $68,083,661 (Form ADV from 2023-03-20). Their last reported 13F filing for Q4 2023 included $72,265,000 in managed 13F securities
and a top 10 holdings concentration of 37.83%. Groesbeck Investment Management Corp's largest holding is Broadcom Ltd. (Avago Technologies) with shares held of 3,312. Whalewisdom has at least 101 13F filings
2023-12-31
Top Buys (13F)
Name | % Change |
---|---|
URI United Rentals, Inc. | 1.24% |
AVGO Broadcom Ltd. (Avago | 1.07% |
LRCX Lam Research Corp. | 0.65% |
MSFT Microsoft Corp. | 0.55% |
MDC M.D.C. Holdings Inc. | 0.51% |
2023-12-31
Top Sells (13F)
Name | % Change |
---|---|
EPD Enterprise Products | 0.74% |
ABBV AbbVie Inc | 0.69% |
OKE ONEOK Inc. (Oklahoma | 0.61% |
PSX Phillips 66 | 0.55% |
MPLX MPLX L.P. | 0.54% |
2023-12-31
13F Holdings Summary
Name | $ Change |
---|---|
AVGO Broadcom Ltd. (Avago | 5.12% |
URI United Rentals, Inc. | 4.89% |
LRCX Lam Research Corp. | 4.83% |
CDW CDW Corp. | 4.45% |
MSFT Microsoft Corp. | 4.17% |
2023-12-31
13F Activity
Market Value | $72.3m, Prior: $66.0m |
New Purchases | 3 stocks |
Added To | 27 stocks |
Sold out of | 9 stocks |
Reduced holdings in | 18 stocks |
Top 10 Holdings % | 37.83% |
Turnover %[1] | 15.79% |
Turnover Alt %[2] | 3.88% |
Time Held Top 20 | 14.4 quarters |
Time Held Top 10 | 11.4 quarters |
Time Held All | 23.57 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2023-12-31
13F Sector Allocation Over Time
2023-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2023-12-31