Employers 13F annual report
Employers is an investment fund managing more than $170 million ran by Michael Paquette. There are currently 142 companies in Mr. Paquette’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $23 million.
$170 million Assets Under Management (AUM)
As of 23rd April 2021, Employers’s top holding is 103,868 shares of Apple Inc currently worth over $12.7 million and making up 7.5% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Employers owns more than approximately 0.1% of the company.
In addition, the fund holds 43,865 shares of Microsoft worth $10.3 million, whose value grew 24.7% in the past six months.
The third-largest holding is JPMorgan Chase & Co worth $6.82 million and the next is Amazon.com worth $6.58 million, with 2,128 shares owned.
Currently, Employers's portfolio is worth at least $170 million. 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 Employers
The Employers office and employees reside in Reno, Nevada. According to the last 13-F report filed with the SEC, Michael Paquette serves as the Executive Vice President, Chief Financial Officer at Employers.
Recent trades
In the most recent 13F filing, Employers revealed that it had opened a new position in
Walgreens Boots Alli and bought 4,790 shares worth $263 thousand.
The investment fund also strengthened its position in Facebook Inc by buying
170 additional shares.
This makes their stake in Facebook Inc total 6,545 shares worth $1.93 million.
Facebook Inc soared 61.0% in the past year.
On the other hand, there are companies that Employers is getting rid of from its portfolio.
Employers closed its position in Tesla Inc on 30th April 2021.
It sold the previously owned 2,529 shares for $1.79 million.
Michael Paquette also disclosed a decreased stake in Intel by 0.2%.
This leaves the value of the investment at $2.07 million and 32,341 shares.
One of the smallest hedge funds
The two most similar investment funds to Employers are Watson Rebecca and Krueger & Catalano Capital Partners. They manage $170 million and $170 million respectively.
Michael Paquette investment strategy
Employers’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 16.6% of
the total portfolio value.
The fund focuses on investments in the United States as
59.9% 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
59% of the total holdings value.
On the other hand, small-cap stocks make up only 3.5% of the portfolio.
The average market cap of the portfolio companies is close to $187 billion.
The complete list of Employers trades based on 13F SEC filings
These positions were updated on April 30th 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 |
|---|---|---|---|
| Apple Inc |
No change
103,868
|
$12,688,000 | 7.48% |
| Microsoft Corporation |
No change
43,865
|
$10,342,000 | 6.09% |
| JPMorgan Chase & Co. |
No change
44,794
|
$6,819,000 | 4.02% |
| Amazon.com Inc. |
No change
2,128
|
$6,584,000 | 3.88% |
| Unitedhealth Group I |
No change
12,560
|
$4,673,000 | 2.75% |
| Johnson & Johnson |
No change
22,939
|
$3,770,000 | 2.22% |
| Alphabet Inc |
No change
3,184
|
$6,577,000 | 3.88% |
| Union Pac Corp |
No change
14,750
|
$3,251,000 | 1.92% |
| Danaher Corp. |
No change
13,395
|
$3,015,000 | 1.78% |
| Bk Of America Corp |
No change
60,750
|
$2,350,000 | 1.38% |
| AT&T Inc. |
No change
75,955
|
$2,299,000 | 1.35% |
| Procter And Gamble C |
No change
16,643
|
$2,254,000 | 1.33% |
| Texas Instrs Inc |
No change
11,615
|
$2,195,000 | 1.29% |
| Qualcomm, Inc. |
No change
15,967
|
$2,117,000 | 1.25% |
| Intel Corp. |
23.61%
32,341
|
$2,070,000 | 1.22% |
| Honeywell International Inc |
No change
9,500
|
$2,062,000 | 1.22% |
| Pepsico Inc |
No change
14,401
|
$2,037,000 | 1.20% |
| Berkshire Hathaway I |
No change
7,562
|
$2,702,000 | 1.59% |
| Facebook Inc |
2.67%
6,545
|
$1,928,000 | 1.14% |
| Disney Walt Co |
6.42%
10,440
|
$1,926,000 | 1.13% |
| Nike, Inc. |
No change
14,255
|
$1,894,000 | 1.12% |
| PayPal Holdings Inc |
No change
7,725
|
$1,876,000 | 1.11% |
| Chevron Corp. |
No change
17,745
|
$1,860,000 | 1.10% |
| Tesla Inc |
Closed
2,529
|
$1,785,000 | |
| Stryker Corp. |
No change
7,330
|
$1,785,000 | 1.05% |
| Deere & Co. |
No change
4,635
|
$1,734,000 | 1.02% |
| Archer Daniels Midla |
No change
30,087
|
$1,715,000 | 1.01% |
| Starbucks Corp. |
No change
15,605
|
$1,705,000 | 1.00% |
| American Express Co. |
No change
11,501
|
$1,627,000 | 0.96% |
| Cisco Sys Inc |
No change
30,973
|
$1,602,000 | 0.94% |
| Merck & Co Inc |
No change
20,758
|
$1,600,000 | 0.94% |
| 3M Co. |
No change
7,842
|
$1,511,000 | 0.89% |
| Air Prods & Chems In |
No change
5,263
|
$1,481,000 | 0.87% |
| Verizon Communicatio |
No change
25,337
|
$1,474,000 | 0.87% |
| Anthem Inc |
No change
3,965
|
$1,423,000 | 0.84% |
| Abbvie Inc |
No change
12,755
|
$1,380,000 | 0.81% |
| Pfizer Inc. |
No change
38,069
|
$1,379,000 | 0.81% |
| Duke Energy Corp. |
No change
14,005
|
$1,352,000 | 0.80% |
| Costco Whsl Corp New |
No change
3,820
|
$1,346,000 | 0.79% |
| International Busine |
22.04%
9,955
|
$1,327,000 | 0.78% |
| Ppg Inds Inc |
No change
8,600
|
$1,292,000 | 0.76% |
| NetFlix Inc |
No change
2,310
|
$1,205,000 | 0.71% |
| Fortive Corp |
No change
17,020
|
$1,202,000 | 0.71% |
| Comcast Corp New |
No change
21,815
|
$1,181,000 | 0.70% |
| Travelers Companies Inc. |
No change
7,678
|
$1,155,000 | 0.68% |
| Broadcom Inc |
3.13%
2,480
|
$1,150,000 | 0.68% |
| Bristol-Myers Squibb Co. |
No change
17,890
|
$1,130,000 | 0.67% |
| Dominion Energy Inc |
No change
14,280
|
$1,085,000 | 0.64% |
| Linde Plc |
No change
3,605
|
$1,010,000 | 0.60% |
| Salesforce.Com Inc |
No change
4,735
|
$1,003,000 | 0.59% |
| Paychex Inc. |
No change
10,105
|
$991,000 | 0.58% |
| Philip Morris Intl I |
No change
10,700
|
$950,000 | 0.56% |
| Automatic Data Proce |
No change
4,995
|
$942,000 | 0.56% |
| CVS Health Corp |
No change
11,995
|
$902,000 | 0.53% |
| Gilead Sciences, Inc. |
No change
13,865
|
$896,000 | 0.53% |
| Pnc Finl Svcs Group |
No change
4,902
|
$860,000 | 0.51% |
| Thermo Fisher Scient |
No change
1,870
|
$854,000 | 0.50% |
| Altria Group Inc. |
No change
16,571
|
$848,000 | 0.50% |
| Conocophillips |
No change
15,621
|
$827,000 | 0.49% |
| Oracle Corp. |
No change
11,667
|
$819,000 | 0.48% |
| Ameriprise Finl Inc |
No change
3,466
|
$806,000 | 0.47% |
| Omnicom Group, Inc. |
No change
10,838
|
$804,000 | 0.47% |
| Medtronic Plc |
No change
6,795
|
$803,000 | 0.47% |
| Autozone Inc. |
No change
570
|
$800,000 | 0.47% |
| PPL Corp |
18.17%
27,230
|
$785,000 | 0.46% |
| Boeing Co. |
No change
3,080
|
$785,000 | 0.46% |
| Coca-Cola Co |
No change
14,880
|
$784,000 | 0.46% |
| Yum Brands Inc. |
No change
7,095
|
$768,000 | 0.45% |
| Intuit Inc |
No change
2,000
|
$766,000 | 0.45% |
| Hartford Finl Svcs G |
No change
11,410
|
$762,000 | 0.45% |
| Mcdonalds Corp |
No change
3,355
|
$752,000 | 0.44% |
| Kraft Heinz Co |
No change
18,270
|
$731,000 | 0.43% |
| The Southern Co. |
No change
11,635
|
$723,000 | 0.43% |
| NextEra Energy Inc |
No change
9,120
|
$690,000 | 0.41% |
| Best Buy Co. Inc. |
No change
5,900
|
$677,000 | 0.40% |
| Adobe Systems Incorp |
No change
1,405
|
$668,000 | 0.39% |
| Intuitive Surgical I |
No change
900
|
$665,000 | 0.39% |
| Lockheed Martin Corp. |
No change
1,755
|
$648,000 | 0.38% |
| Chubb Limited |
8.82%
4,085
|
$645,000 | 0.38% |
| Bank New York Mellon |
No change
13,589
|
$643,000 | 0.38% |
| Biogen Inc |
No change
2,295
|
$642,000 | 0.38% |
| Phillips 66 |
No change
7,811
|
$637,000 | 0.38% |
| Northrop Grumman Cor |
No change
1,960
|
$634,000 | 0.37% |
| American Tower Corp. |
No change
2,615
|
$625,000 | 0.37% |
| Aflac Inc. |
No change
12,220
|
$625,000 | 0.37% |
| S&P Global Inc |
No change
1,700
|
$600,000 | 0.35% |
| Tjx Cos Inc New |
No change
8,800
|
$582,000 | 0.34% |
| Us Bancorp Del |
No change
10,200
|
$564,000 | 0.33% |
| Whirlpool Corp. |
No change
2,550
|
$562,000 | 0.33% |
| Walmart Inc |
33.05%
4,132
|
$561,000 | 0.33% |
| Parker-Hannifin Corp. |
No change
1,595
|
$503,000 | 0.30% |
| Abbott Labs |
No change
4,110
|
$493,000 | 0.29% |
| EBay Inc. |
No change
8,010
|
$491,000 | 0.29% |
| Micron Technology In |
No change
5,395
|
$476,000 | 0.28% |
| MetLife, Inc. |
No change
7,800
|
$474,000 | 0.28% |
| General Mls Inc |
No change
7,715
|
$473,000 | 0.28% |
| Fastenal Co. |
No change
9,235
|
$464,000 | 0.27% |
| Mondelez International Inc. |
No change
7,919
|
$463,000 | 0.27% |
| AMGEN Inc. |
No change
1,848
|
$460,000 | 0.27% |
| Alliance Data System |
No change
3,830
|
$429,000 | 0.25% |
| Seagate Technology P |
No change
5,455
|
$419,000 | 0.25% |
| Cardinal Health, Inc. |
No change
6,752
|
$410,000 | 0.24% |
| Morgan Stanley |
No change
5,059
|
$393,000 | 0.23% |
| Visa Inc |
70.15%
1,810
|
$383,000 | 0.23% |
| Fiserv, Inc. |
No change
3,200
|
$381,000 | 0.22% |
| L3harris Technologie |
No change
1,810
|
$367,000 | 0.22% |
| Fidelity Natl Inform |
21.41%
2,570
|
$361,000 | 0.21% |
| NVIDIA Corp |
No change
675
|
$360,000 | 0.21% |
| Sysco Corp. |
No change
4,540
|
$357,000 | 0.21% |
| Analog Devices Inc. |
No change
2,198
|
$341,000 | 0.20% |
| Target Corp |
No change
1,692
|
$335,000 | 0.20% |
| KLA Corp. |
No change
1,005
|
$332,000 | 0.20% |
| Evergy Inc |
Closed
5,965
|
$331,000 | |
| Motorola Solutions I |
No change
1,742
|
$328,000 | 0.19% |
| Gallagher Arthur J & |
No change
2,600
|
$325,000 | 0.19% |
| Garmin Ltd |
No change
2,430
|
$320,000 | 0.19% |
| CME Group Inc |
No change
1,495
|
$305,000 | 0.18% |
| Clorox Co. |
No change
1,550
|
$299,000 | 0.18% |
| Exelon Corp. |
66.12%
6,495
|
$284,000 | 0.17% |
| Corteva Inc |
No change
5,985
|
$279,000 | 0.16% |
| Mastercard Incorpora |
Closed
780
|
$278,000 | |
| Advanced Micro Devic |
No change
3,475
|
$273,000 | 0.16% |
| Keurig Dr Pepper Inc |
No change
7,905
|
$272,000 | 0.16% |
| Northern Tr Corp |
No change
2,580
|
$271,000 | 0.16% |
| Cummins Inc. |
No change
1,040
|
$269,000 | 0.16% |
| Amcor Plc |
No change
22,940
|
$268,000 | 0.16% |
| Cabot Oil & Gas Corp. |
No change
14,200
|
$267,000 | 0.16% |
| Walgreens Boots Alli |
Opened
4,790
|
$263,000 | 0.15% |
| Newmont Corp |
No change
4,350
|
$262,000 | 0.15% |
| Smucker J M Co |
No change
1,975
|
$250,000 | 0.15% |
| State Str Corp |
No change
2,940
|
$247,000 | 0.15% |
| United Parcel Servic |
No change
1,429
|
$243,000 | 0.14% |
| Illinois Tool Wks In |
No change
1,079
|
$239,000 | 0.14% |
| Amphenol Corp. |
100.00%
3,600
|
$237,000 | 0.14% |
| Entergy Corp. |
No change
2,360
|
$235,000 | 0.14% |
| Cognizant Technology |
No change
3,000
|
$234,000 | 0.14% |
| Equinix Inc |
Closed
323
|
$231,000 | |
| Agilent Technologies Inc. |
No change
1,800
|
$229,000 | 0.13% |
| Simon Ppty Group Inc |
Opened
1,940
|
$221,000 | 0.13% |
| Charter Communicatio |
Closed
319
|
$211,000 | |
| ServiceNow Inc |
8.79%
415
|
$208,000 | 0.12% |
| Vontier Corporation |
No change
6,808
|
$206,000 | 0.12% |
| Marsh & McLennan Cos., Inc. |
Opened
1,695
|
$206,000 | 0.12% |
| Crown Castle Intl Co |
9.16%
1,190
|
$205,000 | 0.12% |
| Activision Blizzard Inc |
32.71%
2,170
|
$202,000 | 0.12% |
| Park Hotels & Resort |
Opened
9,285
|
$200,000 | 0.12% |
| Colony Cap Inc New |
No change
18,485
|
$120,000 | 0.07% |
| Bgc Partners Inc |
Closed
14,740
|
$59,000 | |
| No transactions found | |||
| Showing first 500 out of 148 holdings | |||
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