Flippin Bruce & Porter Inc 13F annual report
Flippin Bruce & Porter Inc is an investment fund managing more than $553 million ran by Teresa Sanderson. There are currently 79 companies in Mrs. Sanderson’s portfolio. The largest investments include Broadcom Ltd Shs and Jpmorgan Chase, together worth $41 million.
$553 million Assets Under Management (AUM)
As of 27th April 2021, Flippin Bruce & Porter Inc’s top holding is 48,023 shares of Broadcom Ltd Shs currently worth over $22.3 million and making up 4.0% of the portfolio value.
In addition, the fund holds 123,188 shares of Jpmorgan Chase worth $18.8 million.
The third-largest holding is Nucor worth $16.7 million and the next is Cisco Systems worth $15.1 million, with 292,643 shares owned.
Currently, Flippin Bruce & Porter Inc's portfolio is worth at least $553 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 Flippin Bruce & Porter Inc
The Flippin Bruce & Porter Inc office and employees reside in Lynchburg, Virginia. According to the last 13-F report filed with the SEC, Teresa Sanderson serves as the Chief Compliance Officer at Flippin Bruce & Porter Inc.
Recent trades
In the most recent 13F filing, Flippin Bruce & Porter Inc revealed that it had opened a new position in
First Horizon and bought 285,010 shares worth $4.82 million.
This means they effectively own approximately 0.1% of the company.
First Horizon makes up
8.5%
of the fund's Finance sector allocation and has grown its share price by 111.6% in the past year.
The investment fund also strengthened its position in Intl Business Machines by buying
167 additional shares.
This makes their stake in Intl Business Machines total 111,359 shares worth $14.8 million.
On the other hand, there are companies that Flippin Bruce & Porter Inc is getting rid of from its portfolio.
Flippin Bruce & Porter Inc closed its position in Nokia Corp Adr on 4th May 2021.
It sold the previously owned 368,685 shares for $1.44 million.
Teresa Sanderson also disclosed a decreased stake in Broadcom Ltd Shs by approximately 0.1%.
This leaves the value of the investment at $22.3 million and 48,023 shares.
One of the average hedge funds
The two most similar investment funds to Flippin Bruce & Porter Inc are Nadler and Navellier & Associates Inc. They manage $554 million and $552 million respectively.
Teresa Sanderson investment strategy
Flippin Bruce & Porter Inc’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Health Care — making up 11.4% of
the total portfolio value.
The fund focuses on investments in the United States as
59.5% 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
61% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $193 billion.
The complete list of Flippin Bruce & Porter Inc trades based on 13F SEC filings
These positions were updated on May 4th 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 |
|---|---|---|---|
| Broadcom Ltd Shs |
2.03%
48,023
|
$22,266,000 | 4.03% |
| Jpmorgan Chase |
18.81%
123,188
|
$18,752,000 | 3.39% |
| Nucor Corp. |
1.56%
208,137
|
$16,707,000 | 3.02% |
| Cisco Systems, Inc. |
1.32%
292,643
|
$15,132,000 | 2.74% |
| Intl Business Machines |
0.15%
111,359
|
$14,839,000 | 2.68% |
| Johnson & Johnson |
0.73%
89,577
|
$14,722,000 | 2.66% |
| HP Inc |
21.85%
449,292
|
$14,265,000 | 2.58% |
| CVS Health Corp |
1.70%
188,994
|
$14,218,000 | 2.57% |
| Viacomcbs Inc |
15.73%
312,480
|
$14,092,000 | 2.55% |
| Merck & Co Inc |
1.59%
170,844
|
$13,170,000 | 2.38% |
| Kellogg Co |
14.40%
205,052
|
$12,979,000 | 2.35% |
| Raytheon Technologies Com |
1.46%
157,688
|
$12,184,000 | 2.20% |
| Us Bancorp Del |
2.12%
218,086
|
$12,062,000 | 2.18% |
| Truist Finl Corp |
2.07%
194,481
|
$11,342,000 | 2.05% |
| Dow Inc |
1.58%
177,188
|
$11,329,000 | 2.05% |
| Pfizer Inc. |
0.55%
310,306
|
$11,242,000 | 2.03% |
| Metlife Inc |
1.46%
180,202
|
$10,954,000 | 1.98% |
| Keycorp |
1.99%
541,790
|
$10,824,000 | 1.96% |
| Tapestry Inc |
37.10%
257,810
|
$10,624,000 | 1.92% |
| Duke Energy Corp. |
0.88%
106,738
|
$10,303,000 | 1.86% |
| Wells Fargo & Co. |
2.19%
259,256
|
$10,129,000 | 1.83% |
| United Parcel Service, Inc. |
2.83%
58,990
|
$10,027,000 | 1.81% |
| Lincoln National Corp. |
1.26%
160,697
|
$10,006,000 | 1.81% |
| Smucker J M Co |
1.24%
78,631
|
$9,949,000 | 1.80% |
| Bristol-Myers Squibb Co. |
0.89%
153,528
|
$9,692,000 | 1.75% |
| Philip Morris Intl |
1.94%
106,255
|
$9,429,000 | 1.70% |
| Simon Ppty Group |
2.62%
82,583
|
$9,395,000 | 1.70% |
| A T & T Inc |
0.61%
305,311
|
$9,241,000 | 1.67% |
| Genuine Parts Co. |
2.82%
78,350
|
$9,056,000 | 1.64% |
| Intel Corp. |
0.68%
135,836
|
$8,693,000 | 1.57% |
| Chevron Corp. |
1.35%
82,744
|
$8,670,000 | 1.57% |
| Royal Dutch Shell Plc Spon Adr |
0.17%
230,864
|
$8,502,000 | 1.54% |
| Conocophillips |
1.16%
154,630
|
$8,190,000 | 1.48% |
| Kohl's Corp |
36.69%
131,836
|
$7,858,000 | 1.42% |
| Exxon Mobil Corp. |
3.67%
138,876
|
$7,753,000 | 1.40% |
| Ventas Inc |
2.27%
142,192
|
$7,584,000 | 1.37% |
| Archer Daniels Midland Compan |
41.55%
132,292
|
$7,540,000 | 1.36% |
| Verizon Communications Inc |
1,650.55%
127,965
|
$7,441,000 | 1.35% |
| Mondelez International Inc. |
2,000.60%
123,557
|
$7,231,000 | 1.31% |
| Prudential Finl Inc |
0.63%
77,763
|
$7,084,000 | 1.28% |
| Bank New York Mellon Corp |
228.61%
142,733
|
$6,749,000 | 1.22% |
| Peoples Utd Finl |
0.36%
339,216
|
$6,071,000 | 1.10% |
| Emerson Elec Co |
38.92%
65,388
|
$5,899,000 | 1.07% |
| Bank Of America Corp. |
2.24%
147,104
|
$5,691,000 | 1.03% |
| Compass Minls Intl |
0.48%
83,839
|
$5,258,000 | 0.95% |
| Public Storage |
0.91%
20,331
|
$5,017,000 | 0.91% |
| PPL Corp |
0.47%
167,159
|
$4,820,000 | 0.87% |
| First Horizon Corporation |
Opened
285,010
|
$4,819,000 | 0.87% |
| Lockheed Martin Corp. |
Opened
12,686
|
$4,687,000 | 0.85% |
| National Fuel Gas N J |
0.50%
92,977
|
$4,647,000 | 0.84% |
| Tyson Foods, Inc. |
1.10%
60,828
|
$4,519,000 | 0.82% |
| Amdocs Ltd Shs |
1.38%
61,586
|
$4,320,000 | 0.78% |
| Medtronic Plc Shs |
0.07%
33,940
|
$4,009,000 | 0.72% |
| Fedex Corp |
0.24%
13,864
|
$3,937,000 | 0.71% |
| Microsoft Corporation |
0.74%
16,426
|
$3,872,000 | 0.70% |
| Apple Inc |
0.76%
29,884
|
$3,650,000 | 0.66% |
| Eaton Corp Plc Shs |
77.83%
22,672
|
$3,135,000 | 0.57% |
| Capital One Financial Corp. |
0.66%
24,073
|
$3,062,000 | 0.55% |
| Walmart Inc |
9.66%
18,329
|
$2,489,000 | 0.45% |
| Travelers Cos Inc |
0.93%
15,582
|
$2,343,000 | 0.42% |
| Target Corp |
1.74%
9,703
|
$1,921,000 | 0.35% |
| Devon Energy Corp. |
84.94%
84,417
|
$1,844,000 | 0.33% |
| Trane Technologies Plc Shs |
1.11%
10,304
|
$1,705,000 | 0.31% |
| Mosaic Company |
0.23%
47,771
|
$1,510,000 | 0.27% |
| Nokia Corp Adr |
Closed
368,685
|
$1,442,000 | |
| Ford Mtr Co |
0.67%
117,426
|
$1,438,000 | 0.26% |
| Freeport-McMoRan Inc |
1.28%
40,365
|
$1,329,000 | 0.24% |
| Tjx Cos Inc New |
0.28%
18,621
|
$1,231,000 | 0.22% |
| Pepsico Inc |
0.34%
8,379
|
$1,185,000 | 0.21% |
| Western Union Company |
0.25%
43,814
|
$1,080,000 | 0.20% |
| General Electric Co. |
26.11%
80,809
|
$1,061,000 | 0.19% |
| Lumen Tech Inc |
Opened
79,227
|
$1,057,000 | 0.19% |
| Carnival Corp. |
10.06%
31,312
|
$831,000 | 0.15% |
| Lumen Tech Inc |
Closed
79,532
|
$775,000 | |
| Coca-Cola Co |
No change
14,284
|
$752,000 | 0.14% |
| Procter & Gamble Co. |
No change
3,850
|
$521,000 | 0.09% |
| Altria Group Inc. |
No change
8,901
|
$455,000 | 0.08% |
| Norfolk Southern Corp. |
No change
1,125
|
$302,000 | 0.05% |
| CSX Corp. |
3.85%
2,500
|
$241,000 | 0.04% |
| Ingersoll-Rand Inc |
Opened
4,234
|
$208,000 | 0.04% |
| King Res Inc Com |
No change
10,000
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 81 holdings | |||
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