Petersen Flynn & Dinsmore Inc Stocks Analysis
Petersen Flynn & Dinsmore Inc just filed its quarterly 13F. Dated 18/08/2015, the report shows the institutional investor has a portfolio value of $433.97 million, representing an increase of $50.09 million from the previous quarter when it was $383.89 million. Note: This filling reprents about 75.85% of Petersen Flynn & Dinsmore Inc’s assets, which which are listed in the US.
Portfolio Q22015
Market Value:
$433,973,000
Previous Mkt Value:
$383,885,000
Chg Mkt Value %:
13.05%
Sentiment:
Turnover %:
8.49%
Stocks Activity
New Purchases:
17
Additional Purchases:
43
Sold out:
6
Reduced:
12
Top 10 Holdings %:
35.24%
Based on $572.13 million in assets under management, Petersen Flynn & Dinsmore Inc’s equity exposure represents 75.85% of assets.
Fund New Positions
In this quarter, Petersen Flynn & Dinsmore Inc opened new positions in Hcp Inc (HCP) for $12.14 million, Maxim Integrated Prods Inc (MXIM) for $1.05 million, Support Com Inc (SPRT) for $790,000, Selectica Inc (SLTC) for $487,000 and Hershey Co (HSY) for $462,000. These were the 5 biggest new positions. In total the institutional investor bought 17 new stocks.
Top 5 New Buys
Hcp Inc
2.80%
Maxim Integrated Prods Inc
0.24%
Support Com Inc
0.18%
Selectica Inc
0.11%
Hershey Co
0.11%
13F Sector Allocation
Health Care
21%
Information Technology
19%
Finance
14%
Energy
10%
Consumer Discretionary
9%
Increased Positions
According to this report the institutional investor upped its stakes in Johnson & Johnson (JNJ) by 9% to $15.32 million, Verizon Communications Inc (VZ) by 15% to $15.89 million, Gallagher Arthur J & Co (AJG) by 6% to $15.30 million, Kimberly Clark Corp (KMB) by 11% to $14.67 million and Microsoft Corp (MSFT) by 6% to $15.22 million. Petersen Flynn & Dinsmore Inc also acquired smaller stakes in Schlumberger Ltd (SLB) by 7.07% to $13.77 million, Conocophillips (COP) by 8.48% to $13.27 million and Stamps Com Inc (STMP) by 10.71% to $14.59 million. Building positions gradually is normal strategy for many funds.
Fund Sells
This fund sold its stakes in Cisco Sys Inc (CSCO), Allstate Corp (ALL), Enterprise Prods Partners L (EPD), Halyard Health Inc and Targa Resources Partners Lp (NGLS). These stocks constituted 0.15%, 0.09%, 0.07%, 0.06% and 0.05% of the fund’s portfolio, respectively. We can only speculate about the reasons for the selling but we believe it has to do with either value, momentum or a better place for Petersen Flynn & Dinsmore Inc’s capital.
Reduced Positions
The fund also decreased its postitons in Kraft Foods Group Inc (KRFT) by -92.26%, Disney Walt Co (DIS) by -3.56%, Thermo Fisher Scientific Inc (TMO) by -2.59%, Fiserv Inc (FISV) by -5.98% and Abbvie Inc (ABBV) by -0.77%.
Top Positions
Disney Walt Co (DIS), Verizon Communications Inc (VZ) and Visa Inc (V) made up the majority of Petersen Flynn & Dinsmore Inc’s total US long portfolio in this quarter. These holdings were top 3 and constitute 11.14% of Petersen Flynn & Dinsmore Inc’s US-listed securities. The top 10 holdings make approximately 35.24% of the investment manager’s portfolio.
The image above provides a snapshot of Petersen Flynn & Dinsmore Inc’s top 10 US-listed positions in this quarter.
Sector Holdings
Petersen Flynn & Dinsmore Inc upped the industrials sector from 3% to 6%. According to the report, the institutional investor also has securities for 21% in the health care sector. The information technology sector is 19% of Petersen Flynn & Dinsmore Inc’s 13F US-listed securities. The fund decreased the Consumer Staples sector positions by 8%.
So these are Q2 2015 fund’s sector weights now: health care 21% for $91.13 million, information technology 19% for $82.45 million, finance 14% for $60.76 million, energy 10% for $43.40 million, consumer discretionary 9% for $39.06 million, consumer staples 8% for $34.72 million, materials 8% for $34.72 million, utilities & telecommunications 7% for $30.38 million and industrials 6% for $26.04 million.
Important Position Changes
Top 10 Q2 2015 New Positions: Hcp Inc (HCP), Maxim Integrated Prods Inc (MXIM), Support Com Inc (SPRT), Selectica Inc (SLTC), Hershey Co (HSY), Illinois Tool Wks Inc (ITW), Select Sector Spdr Tr (XLF), Schwab Charles Corp New (SCHW), 3M Co (MMM) and Select Sector Spdr Tr (XLK).
Top 10 Q2 2015 Sold Out Completely: Cisco Sys Inc (CSCO), Allstate Corp (ALL), Enterprise Prods Partners L (EPD), Halyard Health Inc, Targa Resources Partners Lp (NGLS) and California Res Corp (CRC).
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Download the full 13F form in CSV: Q2-2015-Petersen-Flynn-Dinsmore-Inc-13F-Portfolio-Stock-Holdings.csv
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Petersen Flynn & Dinsmore Inc – website
13F Filing Link: 000117266115001567
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