Tradition Asset Management 13F annual report
Tradition Asset Management is an investment fund managing more than $350 million ran by Sharon Buccafusco. There are currently 178 companies in Mrs. Buccafusco’s portfolio. The largest investments include Microsoft and Johnson & Johnson, together worth $21.7 million.
$350 million Assets Under Management (AUM)
As of 7th October 2020, Tradition Asset Management’s top holding is 54,413 shares of Microsoft currently worth over $11.1 million and making up 3.2% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Tradition Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 75,847 shares of Johnson & Johnson worth $10.7 million, whose value grew 1.6% in the past six months.
The third-largest holding is Merck & Co worth $9.99 million and the next is Spdr S&p 500 Etf Trust Series worth $8.75 million, with 28,362 shares owned.
Currently, Tradition Asset Management's portfolio is worth at least $350 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 Tradition Asset Management
The Tradition Asset Management office and employees reside in Richmond, Virginia. According to the last 13-F report filed with the SEC, Sharon Buccafusco serves as the Compliance Associate, Vice President at Tradition Asset Management.
Recent trades
In the most recent 13F filing, Tradition Asset Management revealed that it had opened a new position in
Hasbro and bought 66,191 shares worth $4.96 million.
This means they effectively own approximately 0.1% of the company.
Hasbro makes up
20.9%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by 28.1% in the past year.
The investment fund also strengthened its position in Merck & Co by buying
3,175 additional shares.
This makes their stake in Merck & Co total 129,167 shares worth $9.99 million.
Merck & Co dropped 4.7% in the past year.
On the other hand, there are companies that Tradition Asset Management is getting rid of from its portfolio.
Tradition Asset Management closed its position in Spdr Financial Select on 6th August 2020.
It sold the previously owned 138,900 shares for $2.89 million.
Sharon Buccafusco also disclosed a decreased stake in Microsoft by 0.1%.
This leaves the value of the investment at $11.1 million and 54,413 shares.
One of the average hedge funds
The two most similar investment funds to Tradition Asset Management are Cascadia Advisory Services and Bluesky Wealth Advisors. They manage $350 million and $350 million respectively.
Sharon Buccafusco investment strategy
Tradition Asset Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Health Care — making up 19.5% of
the total portfolio value.
The fund focuses on investments in the United States as
50.6% 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
50% of the total holdings value.
On the other hand, small-cap stocks make up only 2.8% of the portfolio.
The average market cap of the portfolio companies is close to $169 billion.
The complete list of Tradition Asset Management trades based on 13F SEC filings
These positions were updated on August 6th 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 |
|---|---|---|---|
| Microsoft Corp. |
10.08%
54,413
|
$11,073,000 | 3.17% |
| Johnson & Johnson |
1.96%
75,847
|
$10,666,000 | 3.05% |
| Merck & Co., Inc. |
2.52%
129,167
|
$9,988,000 | 2.86% |
| Spdr S&p 500 Etf Trust Series |
0.96%
28,362
|
$8,746,000 | 2.50% |
| AbbVie, Inc. |
1.85%
79,829
|
$7,837,000 | 2.24% |
| Spdr Portfolio S&p 500 Growth |
52.73%
150,977
|
$6,781,000 | 1.94% |
| Novartis AG |
13.45%
75,664
|
$6,608,000 | 1.89% |
| CVS Health Corp. |
3.50%
100,243
|
$6,512,000 | 1.86% |
| Apple, Inc. |
11.04%
17,642
|
$6,435,000 | 1.84% |
| Spdr Port Total Stock Market |
0.66%
166,574
|
$6,293,000 | 1.80% |
| Avery Dennison Corp. |
3.14%
54,828
|
$6,255,000 | 1.79% |
| JPMorgan Chase & Co. |
0.32%
63,740
|
$5,995,000 | 1.71% |
| Citizens Financial Group, Inc. |
10.72%
225,889
|
$5,701,000 | 1.63% |
| Everest Re Group Ltd. |
27.62%
27,439
|
$5,657,000 | 1.62% |
| QUALCOMM, Inc. |
0.78%
61,465
|
$5,606,000 | 1.60% |
| Intel Corp. |
0.87%
90,618
|
$5,421,000 | 1.55% |
| Lincoln National Corp. |
3.06%
146,553
|
$5,391,000 | 1.54% |
| Bristol Myers Squibb Co. |
2.58%
91,479
|
$5,378,000 | 1.54% |
| Cisco Systems, Inc. |
11.38%
110,251
|
$5,142,000 | 1.47% |
| Marsh & Mclennan Company Inc |
0.16%
47,433
|
$5,092,000 | 1.46% |
| Zoetis, Inc. |
2.98%
36,770
|
$5,038,000 | 1.44% |
| Thermo Fisher Scientific, Inc. |
2.53%
13,896
|
$5,035,000 | 1.44% |
| Hasbro, Inc. |
Opened
66,191
|
$4,961,000 | 1.42% |
| Lowes Companies Inc. |
4.90%
36,540
|
$4,937,000 | 1.41% |
| Unilever Plc Adr |
0.28%
89,645
|
$4,919,000 | 1.41% |
| Abbott Laboratories |
1.37%
51,490
|
$4,707,000 | 1.35% |
| Citigroup, Inc. |
28.51%
88,911
|
$4,543,000 | 1.30% |
| 3M Co. |
0.30%
28,729
|
$4,481,000 | 1.28% |
| AT&T, Inc. |
58.58%
146,089
|
$4,416,000 | 1.26% |
| Willis Towers Watson Plc |
1.41%
22,308
|
$4,393,000 | 1.26% |
| Alphabet, Inc. |
10.04%
3,081
|
$4,355,000 | 1.25% |
| Texas Instruments Incorporated |
No change
33,126
|
$4,206,000 | 1.20% |
| Walgreens Boots Alliance, Inc. |
Opened
90,020
|
$3,815,000 | 1.09% |
| Ibm Corp |
7.74%
29,922
|
$3,613,000 | 1.03% |
| Diageo Plc Ads |
5.40%
25,815
|
$3,469,000 | 0.99% |
| Verisk Analytics, Inc. |
1.75%
20,361
|
$3,465,000 | 0.99% |
| Ishares Us Technology Etf |
Opened
12,597
|
$3,398,000 | 0.97% |
| Phillips 66 |
15.34%
44,280
|
$3,183,000 | 0.91% |
| Nestle S.a. Adr |
4.11%
28,662
|
$3,165,000 | 0.90% |
| Facebook, Inc. |
11.04%
13,904
|
$3,157,000 | 0.90% |
| Alibaba Group Holding Ltd. |
7.42%
14,043
|
$3,029,000 | 0.87% |
| Spdr Financial Select |
Closed
138,900
|
$2,891,000 | |
| Kimberly-Clark Corp. |
2.05%
20,321
|
$2,872,000 | 0.82% |
| Packaging Corp Of America |
9.82%
28,279
|
$2,822,000 | 0.81% |
| FedEx Corp. |
13.74%
19,823
|
$2,779,000 | 0.79% |
| Elements Us Portfolio |
10.45%
217,113
|
$2,748,000 | 0.79% |
| Laboratory Corp Of America |
No change
16,429
|
$2,729,000 | 0.78% |
| General Dynamics Corp. |
Opened
18,102
|
$2,705,000 | 0.77% |
| Amazon.com, Inc. |
15.69%
962
|
$2,653,000 | 0.76% |
| The Goldman Sachs Group, Inc. |
12.80%
13,010
|
$2,571,000 | 0.74% |
| Colgate-Palmolive Co. |
2.42%
33,866
|
$2,481,000 | 0.71% |
| The Home Depot, Inc. |
No change
9,664
|
$2,421,000 | 0.69% |
| Skyworks Solutions, Inc. |
16.94%
18,395
|
$2,351,000 | 0.67% |
| Costco Wholesale Corp. |
0.59%
7,548
|
$2,288,000 | 0.65% |
| Kinder Morgan Inc Cl P |
3.17%
150,762
|
$2,287,000 | 0.65% |
| Verizon Communications, Inc. |
3.49%
40,139
|
$2,212,000 | 0.63% |
| The Walt Disney Co. |
1.82%
19,781
|
$2,205,000 | 0.63% |
| Prudential Financial, Inc. |
21.68%
36,166
|
$2,202,000 | 0.63% |
| American Express Co. |
5.26%
22,764
|
$2,167,000 | 0.62% |
| Pnc Financial Services |
20.14%
19,965
|
$2,100,000 | 0.60% |
| Linde Plc |
No change
9,837
|
$2,086,000 | 0.60% |
| NXP Semiconductors NV |
13.06%
18,210
|
$2,076,000 | 0.59% |
| CarMax, Inc. |
6.40%
23,027
|
$2,062,000 | 0.59% |
| Huntington Bancshares, Inc. |
14.04%
223,305
|
$2,017,000 | 0.58% |
| Illinois Tool Works, Inc. |
1.96%
11,505
|
$2,011,000 | 0.57% |
| Msc Industrial Direct Co-a |
15.82%
26,415
|
$1,923,000 | 0.55% |
| Medtronic, Plc |
1.88%
19,798
|
$1,815,000 | 0.52% |
| Spdr Port S&p 500 Value |
8.37%
62,348
|
$1,806,000 | 0.52% |
| Vanguard Growth Etf |
5.36%
8,610
|
$1,739,000 | 0.50% |
| Newmont Mining Corp |
Opened
27,867
|
$1,720,000 | 0.49% |
| Ares Management Lp |
5.27%
40,652
|
$1,613,000 | 0.46% |
| The Boeing Co. |
3.68%
8,712
|
$1,596,000 | 0.46% |
| United Parcel Service, Inc. |
0.36%
14,029
|
$1,559,000 | 0.45% |
| Becton Dickinson & Co. |
1.92%
6,392
|
$1,529,000 | 0.44% |
| Horizon Bancorp In |
8.46%
141,894
|
$1,516,000 | 0.43% |
| VMware, Inc. |
Opened
9,195
|
$1,423,000 | 0.41% |
| Pepsico, Inc. |
1.87%
10,471
|
$1,385,000 | 0.40% |
| Biogen, Inc. |
7.36%
5,100
|
$1,364,000 | 0.39% |
| FS KKR Capital Corp. |
Closed
430,025
|
$1,290,000 | |
| Equitrans Midstream Corporatio |
0.03%
150,210
|
$1,248,000 | 0.36% |
| Chevron Corp. |
No change
13,377
|
$1,193,000 | 0.34% |
| DXC Technology Co. |
62.20%
72,232
|
$1,191,000 | 0.34% |
| NVIDIA Corp. |
26.75%
3,121
|
$1,185,000 | 0.34% |
| Adobe Systems Inc. |
2.34%
2,718
|
$1,183,000 | 0.34% |
| Spdr Health Care Sel Sec Spdr |
Closed
13,160
|
$1,165,000 | |
| Ishares S&p 500 Growth Index |
3.77%
5,597
|
$1,161,000 | 0.33% |
| Vanguard Total Stock Mkt |
6.71%
7,080
|
$1,108,000 | 0.32% |
| Spdr Select Technology |
Closed
13,522
|
$1,086,000 | |
| The Coca-Cola Co. |
0.12%
23,960
|
$1,070,000 | 0.31% |
| Stryker Corp. |
3.48%
5,830
|
$1,050,000 | 0.30% |
| Eli Lilly & Co. |
No change
6,323
|
$1,038,000 | 0.30% |
| Vanguard Large-cap Etf |
Opened
7,145
|
$1,021,000 | 0.29% |
| First Solar, Inc. |
7.17%
20,564
|
$1,017,000 | 0.29% |
| Comcast Cl A |
No change
26,104
|
$1,017,000 | 0.29% |
| Vanguard Value Etf |
0.59%
9,582
|
$954,000 | 0.27% |
| Ishares S&p Midcap 400 |
No change
5,337
|
$949,000 | 0.27% |
| Akre Focus Fund Institutional |
233.10%
16,848
|
$830,000 | 0.24% |
| Elanco Animal Health, Inc. |
17.72%
38,725
|
$830,000 | 0.24% |
| Dominion Resources Inc. |
No change
10,204
|
$828,000 | 0.24% |
| Alphabet, Inc. |
No change
581
|
$823,000 | 0.24% |
| Ulta Beauty, Inc. |
5.96%
4,021
|
$817,000 | 0.23% |
| Ovintiv, Inc. |
Closed
301,111
|
$813,000 | |
| Exxon Mobil Corp. |
2.30%
17,792
|
$795,000 | 0.23% |
| Zimmer Biomet Holdings, Inc. |
7.79%
6,567
|
$783,000 | 0.22% |
| U.s. Bancorp |
9.49%
20,835
|
$767,000 | 0.22% |
| American Intl Group, Inc. |
7.49%
24,029
|
$749,000 | 0.21% |
| Berkshire Hathaway Inc. |
No change
4,175
|
$745,000 | 0.21% |
| Jpmorgan Growth Advantage-i |
No change
27,911
|
$733,000 | 0.21% |
| Qorvo, Inc. |
7.05%
6,530
|
$721,000 | 0.21% |
| Landstar System, Inc. |
14.16%
6,397
|
$718,000 | 0.21% |
| Vanguard High Dividend Yield E |
12.50%
9,101
|
$716,000 | 0.20% |
| Consumer Discretionary Select |
Closed
7,251
|
$711,000 | |
| Ishares Russell 1000 Value |
No change
6,243
|
$703,000 | 0.20% |
| Analog Devices, Inc. |
13.92%
5,505
|
$675,000 | 0.19% |
| Ecolab, Inc. |
No change
3,258
|
$648,000 | 0.19% |
| Vanguard Small Cap Etf |
21.89%
4,427
|
$645,000 | 0.18% |
| Trane Technologies Plc |
2.15%
7,188
|
$639,000 | 0.18% |
| Energy Select Sector Spider |
Closed
21,611
|
$628,000 | |
| Airbus Se |
Closed
38,425
|
$620,000 | |
| Air Products & Chemicals, Inc. |
No change
2,550
|
$615,000 | 0.18% |
| Spdr Portfolio S&p 500 High |
59.87%
21,104
|
$587,000 | 0.17% |
| Union Pacific Corp. |
No change
3,398
|
$574,000 | 0.16% |
| Honeywell International, Inc. |
6.11%
3,798
|
$549,000 | 0.16% |
| Danaher Corp. |
No change
3,031
|
$535,000 | 0.15% |
| Wells Fargo & Co. |
77.84%
20,460
|
$523,000 | 0.15% |
| Procter & Gamble Co. |
25.05%
4,363
|
$521,000 | 0.15% |
| Sector Spdr Tr Con Stpls |
Closed
9,434
|
$513,000 | |
| Pfizer Inc. |
8.40%
15,620
|
$510,000 | 0.15% |
| Canadian Solar, Inc. |
No change
26,014
|
$501,000 | 0.14% |
| Toyota Motor Corp. |
Closed
4,050
|
$485,000 | |
| McCormick & Co., Inc. |
No change
2,675
|
$479,000 | 0.14% |
| Visa, Inc. |
20.12%
2,388
|
$461,000 | 0.13% |
| Wisdomtree Total Dividend |
0.95%
5,009
|
$451,000 | 0.13% |
| Industrial Select Sect Spdr |
Closed
7,606
|
$448,000 | |
| Unilever N.v. |
2.37%
8,247
|
$439,000 | 0.13% |
| Royal Dutch Shell Plc - Adr A |
9.15%
13,420
|
$438,000 | 0.13% |
| Automatic Data Processing, Inc. |
No change
2,855
|
$425,000 | 0.12% |
| Ishares Russell 1000 Growth |
4.63%
2,162
|
$414,000 | 0.12% |
| Fidelity 500 Index Instl Premi |
8.10%
3,632
|
$392,000 | 0.11% |
| Jpmorgan Small Cap Equity Fund |
6.65%
7,022
|
$377,000 | 0.11% |
| Yum! Brands, Inc. |
No change
4,260
|
$370,000 | 0.11% |
| Fidelity National Financial, I |
3.16%
11,944
|
$366,000 | 0.10% |
| American Water Works Co., Inc. |
No change
2,824
|
$363,000 | 0.10% |
| V.f. Corporation |
No change
5,922
|
$360,000 | 0.10% |
| Schlumberger Ltd. |
9.98%
19,457
|
$357,000 | 0.10% |
| Waste Management, Inc. |
No change
3,295
|
$348,000 | 0.10% |
| Vanguard 500 Index-adm |
No change
1,176
|
$336,000 | 0.10% |
| Vanguard Mid-cap Etf |
28.32%
2,007
|
$328,000 | 0.09% |
| Vaneck Vectors Bdc Inc Etf |
54.37%
26,394
|
$320,000 | 0.09% |
| Vanguard Ftse All-world Ex |
15.17%
3,303
|
$319,000 | 0.09% |
| PPG Industries, Inc. |
No change
3,000
|
$318,000 | 0.09% |
| Vanguard S&p 500 Etf |
11.70%
1,117
|
$316,000 | 0.09% |
| Allegion Plc |
No change
3,100
|
$316,000 | 0.09% |
| Fidelity Total Market Index |
No change
3,584
|
$312,000 | 0.09% |
| SPDR S&P Midcap 400 ETF Trust |
No change
963
|
$312,000 | 0.09% |
| Bank of America Corp. |
Opened
13,123
|
$311,000 | 0.09% |
| Veeva Systems, Inc. |
Closed
1,980
|
$309,000 | |
| Ishares Core S&p 500 Index Fun |
No change
975
|
$301,000 | 0.09% |
| Medical Properties Trust, Inc. |
Closed
17,191
|
$297,000 | |
| iShares Russell Midcap ETF |
No change
5,429
|
$290,000 | 0.08% |
| Royal Dutch Shell Plc - Adr B |
4.97%
9,380
|
$285,000 | 0.08% |
| Devon Energy Corp. |
No change
25,113
|
$284,000 | 0.08% |
| McDonald's Corp. |
No change
1,500
|
$276,000 | 0.08% |
| Davis New York Venture Fund |
No change
10,703
|
$276,000 | 0.08% |
| Dover Corp. |
No change
2,850
|
$275,000 | 0.08% |
| United Technologies Corp |
Closed
2,850
|
$268,000 | |
| OceanFirst Financial Corp. |
No change
14,830
|
$261,000 | 0.07% |
| MercadoLibre, Inc. |
65.33%
260
|
$256,000 | 0.07% |
| Starbucks Corp. |
27.58%
3,476
|
$255,000 | 0.07% |
| Schwab U.s. Large-cap Growth |
Opened
2,472
|
$251,000 | 0.07% |
| PayPal Holdings, Inc. |
53.06%
1,406
|
$244,000 | 0.07% |
| Univest Corp Of Penn. |
3.40%
14,909
|
$240,000 | 0.07% |
| Aflac, Inc. |
No change
6,500
|
$234,000 | 0.07% |
| Alcon, Inc. |
9.08%
4,054
|
$232,000 | 0.07% |
| Dollar Tree, Inc. |
Opened
2,500
|
$231,000 | 0.07% |
| Amdocs Limited |
No change
3,775
|
$229,000 | 0.07% |
| Enterprise Products Part Lp |
No change
12,400
|
$225,000 | 0.06% |
| Chipotle Mexican Grill, Inc. |
Closed
340
|
$222,000 | |
| Hanover Insurance Grp (the) |
Opened
2,199
|
$222,000 | 0.06% |
| Aon Plc |
Closed
1,345
|
$221,000 | |
| Raytheon Technologies Corp. |
Opened
3,592
|
$221,000 | 0.06% |
| Oracle Corp. |
Opened
3,910
|
$216,000 | 0.06% |
| Yum China Holdings, Inc. |
Opened
4,460
|
$214,000 | 0.06% |
| Aim Charter Fund Income |
No change
14,209
|
$213,000 | 0.06% |
| Shopify, Inc. |
Closed
490
|
$204,000 | |
| Fidelity Contrafund |
Closed
16,976
|
$199,000 | |
| Suncor Energy, Inc. |
13.23%
11,476
|
$193,000 | 0.06% |
| First Horizon National Corp |
No change
13,050
|
$129,000 | 0.04% |
| Elements Us Small Cap Portfoli |
7.16%
12,172
|
$120,000 | 0.03% |
| General Electric Company |
Opened
16,293
|
$111,000 | 0.03% |
| Noble Energy, Inc. |
No change
12,005
|
$107,000 | 0.03% |
| Halliburton Co. |
Closed
11,490
|
$78,000 | |
| Patient Access Solutions, Inc. |
Opened
20,000
|
$2,000 | 0.00% |
| Atc Healthcare Inc-a |
No change
21,930
|
$0 | 0.00% |
| Metal Storm Limited-spon Adr |
No change
22,750
|
$0 | 0.00% |
| Stonepath Group Inc |
No change
138,000
|
$0 | 0.00% |
| Airtrax |
No change
33,200
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 197 holdings | |||
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