Inverness Counsel ny/ 13F annual report
Inverness Counsel ny/ is an investment fund managing more than $1.75 billion ran by Philip Lawrence. There are currently 159 companies in Mr. Lawrence’s portfolio. The largest investments include Roper Technologies Inc and Carlisle Cos., together worth $338 million.
$1.75 billion Assets Under Management (AUM)
As of 19th October 2022, Inverness Counsel ny/’s top holding is 493,317 shares of Roper Technologies Inc currently worth over $177 million and making up 10.2% of the portfolio value.
Relative to the number of outstanding shares of Roper Technologies Inc, Inverness Counsel ny/ owns more than approximately 0.1% of the company.
In addition, the fund holds 571,390 shares of Carlisle Cos. worth $160 million.
The third-largest holding is Dover worth $108 million and the next is Microsoft worth $94.3 million, with 404,789 shares owned.
Currently, Inverness Counsel ny/'s portfolio is worth at least $1.75 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Inverness Counsel ny/
The Inverness Counsel ny/ office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Philip Lawrence serves as the President at Inverness Counsel ny/.
Recent trades
In the most recent 13F filing, Inverness Counsel ny/ revealed that it had opened a new position in
Synopsys and bought 43,879 shares worth $13.4 million.
This means they effectively own approximately 0.1% of the company.
Synopsys makes up
5.4%
of the fund's Technology sector allocation and has decreased its share price by 10.2% in the past year.
The investment fund also strengthened its position in Roper Technologies Inc by buying
735 additional shares.
This makes their stake in Roper Technologies Inc total 493,317 shares worth $177 million.
Roper Technologies Inc dropped 22.6% in the past year.
On the other hand, there are companies that Inverness Counsel ny/ is getting rid of from its portfolio.
Inverness Counsel ny/ closed its position in Hannon Armstrong on 26th October 2022.
It sold the previously owned 13,330 shares for $632 thousand.
Philip Lawrence also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $86 million and 622,252 shares.
One of the largest hedge funds
The two most similar investment funds to Inverness Counsel ny/ are Exencial Wealth Advisors and Vestmark Advisory Solutions. They manage $1.75 billion and $1.75 billion respectively.
Philip Lawrence investment strategy
Inverness Counsel ny/’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Industrials — making up 20.4% of
the total portfolio value.
The fund focuses on investments in the United States as
53.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
53% of the total holdings value.
On the other hand, small-cap stocks make up only 0.6% of the portfolio.
The average market cap of the portfolio companies is close to $155 billion.
The complete list of Inverness Counsel ny/ trades based on 13F SEC filings
These positions were updated on October 26th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Roper Technologies Inc |
0.15%
493,317
|
$177,417,000 | 10.16% |
| Carlisle Cos. |
9.00%
571,390
|
$160,223,000 | 9.18% |
| Dover Corp. |
2.58%
922,860
|
$107,587,000 | 6.16% |
| Microsoft Corporation |
5.61%
404,789
|
$94,275,000 | 5.40% |
| Apple Inc |
4.38%
622,252
|
$85,995,000 | 4.93% |
| Alphabet Inc |
1,789.80%
646,162
|
$61,805,000 | 3.54% |
| Amazon.com Inc. |
1,728.50%
511,943
|
$57,850,000 | 3.31% |
| Unitedhealth Group Inc |
22.95%
104,795
|
$52,926,000 | 3.03% |
| Danaher Corp. |
7.04%
197,440
|
$50,997,000 | 2.92% |
| Johnson & Johnson |
1.41%
252,178
|
$41,196,000 | 2.36% |
| Progressive Corp. |
26.25%
342,584
|
$39,812,000 | 2.28% |
| Abbott Labs |
5.88%
367,437
|
$35,553,000 | 2.04% |
| NextEra Energy Inc |
10.21%
451,742
|
$35,421,000 | 2.03% |
| Trane Technologies plc |
2.96%
234,849
|
$34,008,000 | 1.95% |
| Marvell Tech Group Com |
8.53%
748,425
|
$32,115,000 | 1.84% |
| Visa Inc |
124.61%
160,941
|
$28,591,000 | 1.64% |
| ServiceNow Inc |
259.23%
73,599
|
$27,792,000 | 1.59% |
| First Republic Bank |
5,432.31%
206,853
|
$27,005,000 | 1.55% |
| American Express Co. |
13.01%
198,189
|
$26,738,000 | 1.53% |
| Tesla Motors In |
469.65%
97,444
|
$25,847,000 | 1.48% |
| Mcdonalds Corp |
67.70%
111,765
|
$25,789,000 | 1.48% |
| Zoetis Inc |
17.28%
166,447
|
$24,682,000 | 1.41% |
| Pepsico Inc |
36.83%
148,977
|
$24,322,000 | 1.39% |
| Netease Com Inc Adr |
23.45%
313,745
|
$23,719,000 | 1.36% |
| Republic Services, Inc. |
113.16%
165,173
|
$22,470,000 | 1.29% |
| Home Depot, Inc. |
279.97%
79,406
|
$21,911,000 | 1.25% |
| Chevron Corp. |
10.39%
152,489
|
$21,908,000 | 1.25% |
| Merck & Co Inc |
1,984.88%
233,298
|
$20,092,000 | 1.15% |
| Adobe Sys Inc |
28.30%
71,960
|
$19,803,000 | 1.13% |
| NVIDIA Corp |
39.23%
161,863
|
$19,649,000 | 1.13% |
| Procter & Gamble Co. |
39.89%
147,909
|
$18,674,000 | 1.07% |
| Pnc Financial |
3.62%
121,377
|
$18,136,000 | 1.04% |
| EOG Resources, Inc. |
12.54%
159,477
|
$17,818,000 | 1.02% |
| Meta Platforms Inc |
28.92%
127,390
|
$17,284,000 | 0.99% |
| Xcel Energy Inc. |
26.96%
251,480
|
$16,095,000 | 0.92% |
| Thermo Fisher Scientific Inc. |
16.74%
28,469
|
$14,439,000 | 0.83% |
| Synopsys, Inc. |
Opened
43,879
|
$13,405,000 | 0.77% |
| Berkshire Hathaway B |
5.67%
47,061
|
$12,566,000 | 0.72% |
| Exxon Mobil Corp. |
6.54%
142,427
|
$12,435,000 | 0.71% |
| Linde Plc |
Opened
43,034
|
$11,602,000 | 0.66% |
| Jp Morgan Chase |
4.17%
106,755
|
$11,156,000 | 0.64% |
| Coca-Cola Co |
1.06%
188,778
|
$10,575,000 | 0.61% |
| Nike Inc B |
48.97%
116,972
|
$9,723,000 | 0.56% |
| Parker-Hannifin Corp. |
59.91%
36,260
|
$8,786,000 | 0.50% |
| Celanese Corp |
1,586.55%
92,575
|
$8,363,000 | 0.48% |
| Alphabet Inc |
1,727.91%
74,798
|
$7,192,000 | 0.41% |
| Costco Wholesale Corp |
82.79%
15,029
|
$7,098,000 | 0.41% |
| Walt Disney Co (The) |
61.98%
69,103
|
$6,518,000 | 0.37% |
| Wells Fargo Co |
33.43%
160,168
|
$6,442,000 | 0.37% |
| Verizon Comm |
27.90%
127,732
|
$4,850,000 | 0.28% |
| NextEra Energy Inc |
20.53%
51,766
|
$3,743,000 | 0.21% |
| Autozone Inc. |
No change
1,708
|
$3,658,000 | 0.21% |
| Public Storage |
3.45%
11,539
|
$3,379,000 | 0.19% |
| Salesforce.com |
82.41%
23,233
|
$3,342,000 | 0.19% |
| Essex Property Trst Inc |
65.70%
13,432
|
$3,254,000 | 0.19% |
| Automatic Data Proc |
3.34%
11,574
|
$2,618,000 | 0.15% |
| Estee Lauder |
27.26%
9,644
|
$2,082,000 | 0.12% |
| Catalent Inc. |
64.24%
27,713
|
$2,005,000 | 0.11% |
| Zscaler Inc |
25.96%
11,318
|
$1,860,000 | 0.11% |
| Mastercard Incorporated |
35.91%
6,313
|
$1,795,000 | 0.10% |
| Idexx Laboratories, Inc. |
191.32%
5,503
|
$1,793,000 | 0.10% |
| Boston Scientific Corp. |
95.63%
45,782
|
$1,773,000 | 0.10% |
| Smith-midland Corp |
No change
61,250
|
$1,638,000 | 0.09% |
| Resmed Inc. |
5.81%
7,099
|
$1,550,000 | 0.09% |
| Edwards Lifesciences Corp |
6.28%
18,342
|
$1,516,000 | 0.09% |
| Union Pac Corp |
14.29%
6,848
|
$1,334,000 | 0.08% |
| S&P Global Inc |
7.00%
4,340
|
$1,325,000 | 0.08% |
| Trimble Navigation Ltd |
5.03%
23,552
|
$1,278,000 | 0.07% |
| Lvmh Moet Hennessy-unsp Adr |
4.82%
10,545
|
$1,239,000 | 0.07% |
| Applied Materials Inc. |
18.02%
14,976
|
$1,227,000 | 0.07% |
| Nasdaq Omx Group |
273.32%
21,481
|
$1,218,000 | 0.07% |
| MSCI Inc |
3.58%
2,749
|
$1,160,000 | 0.07% |
| Cigna Corp. |
13.07%
3,832
|
$1,063,000 | 0.06% |
| Us Bancorp |
1.63%
26,255
|
$1,059,000 | 0.06% |
| Raytheon Technologies Corporation |
13.01%
12,565
|
$1,029,000 | 0.06% |
| Arista Networks Inc |
7.43%
9,092
|
$1,026,000 | 0.06% |
| Marsh & Mclenan |
8.44%
6,453
|
$963,000 | 0.06% |
| Truist Financial Corporation |
9.50%
21,157
|
$921,000 | 0.05% |
| Advanced Micro Devices Inc. |
9.76%
14,400
|
$912,000 | 0.05% |
| Paychex Inc. |
12.94%
8,092
|
$908,000 | 0.05% |
| Otis Worldwide Corporation |
6.82%
13,432
|
$857,000 | 0.05% |
| Pfizer Inc. |
7.19%
19,406
|
$849,000 | 0.05% |
| Verisk Analytic |
8.31%
4,942
|
$843,000 | 0.05% |
| Plains Gp Hold |
Opened
75,150
|
$820,000 | 0.05% |
| Asml Hldg Adr |
6.61%
1,952
|
$811,000 | 0.05% |
| Snowflake Inc. |
35.38%
4,501
|
$765,000 | 0.04% |
| Aon Corp |
7.22%
2,851
|
$764,000 | 0.04% |
| Valley Natl Bancorp |
Opened
70,659
|
$763,000 | 0.04% |
| Cintas Corporation |
3.61%
1,948
|
$756,000 | 0.04% |
| Interpublic Group Of Cos Inc/t |
8.29%
29,183
|
$747,000 | 0.04% |
| Colgate-Palmolive Co. |
12.64%
9,892
|
$695,000 | 0.04% |
| Moodys Corp |
20.80%
2,852
|
$693,000 | 0.04% |
| Bristol-myers |
7.00%
9,579
|
$681,000 | 0.04% |
| Key Corp. |
Opened
42,228
|
$676,000 | 0.04% |
| Eversource Energy |
4.97%
8,618
|
$672,000 | 0.04% |
| Schwab Charles Corp |
No change
9,314
|
$669,000 | 0.04% |
| Ch Robinson Worldwide |
8.67%
6,742
|
$649,000 | 0.04% |
| Intuit Inc |
7.09%
1,646
|
$638,000 | 0.04% |
| Hannon Armstrong |
Closed
13,330
|
$632,000 | |
| Regeneron Pharmaceuticals, Inc. |
6.99%
842
|
$580,000 | 0.03% |
| Wal-mart Stores |
63.57%
4,352
|
$564,000 | 0.03% |
| Eli Lilly&co |
1.64%
1,739
|
$562,000 | 0.03% |
| Essential Utilities Inc |
0.11%
13,135
|
$544,000 | 0.03% |
| Netflix Inc. |
14.45%
2,297
|
$541,000 | 0.03% |
| CME Group Inc |
Closed
2,241
|
$533,000 | |
| Plains All Amer Pipe |
No change
50,450
|
$531,000 | 0.03% |
| Marriott Intl |
89.62%
3,690
|
$517,000 | 0.03% |
| Fortinet Inc |
400.00%
10,430
|
$512,000 | 0.03% |
| Lowes Cos |
Opened
2,661
|
$500,000 | 0.03% |
| Caterpillar Inc. |
Opened
3,002
|
$493,000 | 0.03% |
| Norfolk Southern Corp. |
95.38%
2,187
|
$459,000 | 0.03% |
| Hasbro, Inc. |
3.25%
6,745
|
$455,000 | 0.03% |
| Webster Financial Corp. |
Opened
9,937
|
$449,000 | 0.03% |
| Intel Corp. |
90.42%
17,373
|
$448,000 | 0.03% |
| Omnicom Group, Inc. |
7.50%
6,897
|
$435,000 | 0.02% |
| Medtronic Inc |
8.86%
5,298
|
$428,000 | 0.02% |
| Cummins Inc. |
Opened
2,000
|
$407,000 | 0.02% |
| Ill Tool Works |
45.66%
2,233
|
$403,000 | 0.02% |
| Deere & Co. |
Opened
1,161
|
$388,000 | 0.02% |
| Abbvie Inc |
43.15%
2,830
|
$380,000 | 0.02% |
| Kornit Digiatl Ltd |
Closed
4,404
|
$364,000 | |
| Biogen Idec Inc |
Opened
1,353
|
$361,000 | 0.02% |
| Lam Research Corp. |
15.58%
972
|
$356,000 | 0.02% |
| Accenture Plc Ireland |
69.73%
1,385
|
$356,000 | 0.02% |
| Conocophillips |
48.56%
3,463
|
$354,000 | 0.02% |
| AMGEN Inc. |
Opened
1,556
|
$351,000 | 0.02% |
| Sprott Physical Gold And Silver Trust |
3.33%
22,552
|
$351,000 | 0.02% |
| At & T |
2.61%
20,625
|
$316,000 | 0.02% |
| Canadian Pacific Railway Ltd |
8.67%
4,698
|
$313,000 | 0.02% |
| Intl Business Machines Corp |
No change
2,603
|
$309,000 | 0.02% |
| Nestles Sa Adr |
26.86%
2,867
|
$309,000 | 0.02% |
| Ryan Speciality Group Holdings Inc |
No change
7,500
|
$305,000 | 0.02% |
| CSX Corp. |
Opened
11,401
|
$304,000 | 0.02% |
| Cloudflare Inc |
6.76%
5,465
|
$302,000 | 0.02% |
| Chipotle Mexican Grill |
Closed
191
|
$302,000 | |
| Brooklyn Immunotherapeutics Inc |
No change
1,210,537
|
$299,000 | 0.02% |
| Etsy Inc |
7.08%
2,978
|
$298,000 | 0.02% |
| Dominion Resources Inc Va |
Closed
3,499
|
$297,000 | |
| Darden Restaurants, Inc. |
34.47%
2,344
|
$296,000 | 0.02% |
| American Elec Pwr |
Closed
2,902
|
$290,000 | |
| PayPal Holdings Inc |
Closed
2,436
|
$282,000 | |
| Champion X Corp |
No change
13,981
|
$274,000 | 0.02% |
| MercadoLibre Inc |
Closed
223
|
$265,000 | |
| Bp Amoco Plc Adr |
47.33%
9,210
|
$263,000 | 0.02% |
| Manhattan Assocs Inc Com |
No change
1,965
|
$261,000 | 0.01% |
| Duke Energy Cor |
Opened
2,798
|
$260,000 | 0.01% |
| Taiwan Semi Cond Adr |
39.66%
3,758
|
$258,000 | 0.01% |
| Csl Limited |
30.37%
2,800
|
$255,000 | 0.01% |
| Floor & Decor H |
45.47%
3,624
|
$255,000 | 0.01% |
| Bank of America Corporation |
Closed
6,104
|
$252,000 | |
| Federal Realty Inv Trust |
Closed
2,067
|
$252,000 | |
| CVS Health Corp |
4.01%
2,593
|
$247,000 | 0.01% |
| Lululemon Athletica inc. |
Closed
674
|
$246,000 | |
| Toronto Dominion Bk-new |
No change
4,000
|
$245,000 | 0.01% |
| Mettler-toledo Intl |
Closed
172
|
$236,000 | |
| Enviva Partners Lp |
Closed
2,900
|
$230,000 | |
| Southern Copper Corporation |
Closed
3,032
|
$230,000 | |
| Experian Plc |
No change
7,721
|
$226,000 | 0.01% |
| Tencent Holdings Ltd |
Closed
4,860
|
$226,000 | |
| Freeport-McMoRan Inc |
Closed
4,500
|
$224,000 | |
| Texas Instruments Inc. |
Closed
1,195
|
$219,000 | |
| Boeing Co. |
28.61%
1,798
|
$218,000 | 0.01% |
| Elevance Health Inc |
17.42%
474
|
$215,000 | 0.01% |
| Cisco Systems, Inc. |
38.96%
5,350
|
$214,000 | 0.01% |
| Dsv A/s |
35.35%
3,657
|
$213,000 | 0.01% |
| Air Products |
Opened
903
|
$210,000 | 0.01% |
| O`Reilly Automotive, Inc. |
Opened
296
|
$208,000 | 0.01% |
| Nice Systems Inc |
2.23%
1,095
|
$206,000 | 0.01% |
| Honeywell International Inc |
9.23%
1,230
|
$205,000 | 0.01% |
| Teleflex Incorporated |
Closed
575
|
$204,000 | |
| The Southern Co. |
43.50%
2,950
|
$201,000 | 0.01% |
| Walkme Ltd |
Closed
12,500
|
$189,000 | |
| Plantir Technologies Inc |
Closed
11,988
|
$165,000 | |
| Alltice Power Inc |
No change
10,000
|
$110,000 | 0.01% |
| Tiga Acq Corp - Cl A |
Closed
10,000
|
$103,000 | |
| Western Magnesium Corp |
No change
303,000
|
$24,000 | 0.00% |
| Players Network |
No change
2,525,000
|
$18,000 | 0.00% |
| Defi Technologies Inc |
Closed
10,000
|
$11,000 | |
| Cytodyn Inc |
Closed
10,000
|
$4,000 | |
| Valour Inc |
Opened
10,000
|
$2,000 | 0.00% |
| Protalex Inc |
No change
110,106
|
$1,000 | 0.00% |
| Black Dragon Re |
No change
50,000
|
$0 | 0.00% |
| Nutra Pharma Corp |
Closed
80,000
|
$0 | |
| No transactions found | |||
| Showing first 500 out of 183 holdings | |||
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