Physicians Financial Services, Inc 13F annual report
Physicians Financial Services, Inc is an investment fund managing more than $307 million ran by Cornelius Iii. There are currently 108 companies in Mr. Iii’s portfolio. The largest investments include Apple Computer and Microsoft, together worth $66 million.
$307 million Assets Under Management (AUM)
As of 7th August 2024, Physicians Financial Services, Inc’s top holding is 221,067 shares of Apple Computer currently worth over $46.6 million and making up 15.1% of the portfolio value.
In addition, the fund holds 43,406 shares of Microsoft worth $19.4 million, whose value fell 0.7% in the past six months.
The third-largest holding is NVIDIA Corp worth $18.1 million and the next is Amazon.com worth $17.7 million, with 91,746 shares owned.
Currently, Physicians Financial Services, Inc's portfolio is worth at least $307 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 Physicians Financial Services, Inc
The Physicians Financial Services, Inc office and employees reside in Raleigh, North Carolina. According to the last 13-F report filed with the SEC, Cornelius Iii serves as the President at Physicians Financial Services, Inc.
Recent trades
In the most recent 13F filing, Physicians Financial Services, Inc revealed that it had opened a new position in
APA and bought 20,000 shares worth $589 thousand.
This means they effectively own approximately 0.1% of the company.
APA makes up
8.3%
of the fund's Energy sector allocation and has decreased its share price by 35.2% in the past year.
The investment fund also strengthened its position in Apple Computer by buying
8,477 additional shares.
This makes their stake in Apple Computer total 221,067 shares worth $46.6 million.
On the other hand, there are companies that Physicians Financial Services, Inc is getting rid of from its portfolio.
Physicians Financial Services, Inc closed its position in Prudential on 14th August 2024.
It sold the previously owned 2,750 shares for $323 thousand.
Cornelius Iii also disclosed a decreased stake in Mastercard by approximately 0.1%.
This leaves the value of the investment at $7.93 million and 17,973 shares.
One of the smallest hedge funds
The two most similar investment funds to Physicians Financial Services, Inc are Nine Ten Partners L.P. and Kmg Fiduciary Partners. They manage $308 million and $308 million respectively.
Cornelius Iii investment strategy
Physicians Financial Services, Inc’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 22.2% of
the total portfolio value.
The fund focuses on investments in the United States as
63.0% 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 0.9% of the portfolio.
The average market cap of the portfolio companies is close to $178 billion.
The complete list of Physicians Financial Services, Inc trades based on 13F SEC filings
These positions were updated on August 14th 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 Computer |
3.99%
221,067
|
$46,561,000 | 15.14% |
| Microsoft Corporation |
1.38%
43,406
|
$19,400,000 | 6.31% |
| NVIDIA Corp |
984.22%
146,120
|
$18,052,000 | 5.87% |
| Amazon.com Inc. |
2.98%
91,746
|
$17,730,000 | 5.77% |
| Alphabet Inc |
2.50%
84,752
|
$15,438,000 | 5.02% |
| Wal-mart Stores Inc. |
0.67%
162,133
|
$10,978,000 | 3.57% |
| Mastercard Incorporated |
0.07%
17,973
|
$7,929,000 | 2.58% |
| Meta Platforms A |
1.91%
12,810
|
$6,459,000 | 2.10% |
| Caterpillar Inc. |
1.22%
18,539
|
$6,175,000 | 2.01% |
| Chevron Corp. |
4.77%
38,101
|
$5,960,000 | 1.94% |
| AMGEN Inc. |
1.81%
18,112
|
$5,659,000 | 1.84% |
| Automatic Data Processing Inc. |
0.13%
23,362
|
$5,576,000 | 1.81% |
| Lowes |
2.37%
24,937
|
$5,498,000 | 1.79% |
| Mcdonalds |
2.84%
20,287
|
$5,170,000 | 1.68% |
| Costco Wholesale Corp |
9.59%
5,701
|
$4,846,000 | 1.58% |
| Visa Inc |
2.30%
17,703
|
$4,647,000 | 1.51% |
| Procter Gamble |
2.08%
27,193
|
$4,485,000 | 1.46% |
| Home Depot, Inc. |
1.12%
11,783
|
$4,056,000 | 1.32% |
| Coca-Cola Co |
0.21%
63,613
|
$4,049,000 | 1.32% |
| Adobe Systems Inc. |
0.66%
7,005
|
$3,892,000 | 1.27% |
| Johnson Johnson |
0.74%
25,756
|
$3,765,000 | 1.22% |
| Pepsi Co |
4.51%
22,134
|
$3,651,000 | 1.19% |
| Lockheed Martin Corp. |
1.39%
7,666
|
$3,581,000 | 1.16% |
| Berkshire Hathaway Inc-b |
5.38%
8,755
|
$3,562,000 | 1.16% |
| Cummins Inc. |
0.16%
12,632
|
$3,498,000 | 1.14% |
| Qualcomm, Inc. |
0.34%
17,539
|
$3,493,000 | 1.14% |
| Boeing Co. |
0.37%
18,892
|
$3,439,000 | 1.12% |
| Oracle Systems |
0.42%
23,968
|
$3,384,000 | 1.10% |
| Parker-Hannifin Corp. |
No change
5,840
|
$2,954,000 | 0.96% |
| United Parcel Services Cl B |
3.35%
21,246
|
$2,908,000 | 0.95% |
| Eli Lilly |
1.81%
2,864
|
$2,593,000 | 0.84% |
| Broadcom Inc |
0.31%
1,613
|
$2,590,000 | 0.84% |
| Abbvie Inc |
5.55%
12,545
|
$2,152,000 | 0.70% |
| Fedex Corp |
1.47%
7,052
|
$2,114,000 | 0.69% |
| Duke Energy Corp. |
3.26%
20,220
|
$2,027,000 | 0.66% |
| Target Corp |
0.37%
13,441
|
$1,990,000 | 0.65% |
| Hershey Company |
2.96%
10,576
|
$1,944,000 | 0.63% |
| Deere Co. |
2.02%
5,164
|
$1,929,000 | 0.63% |
| International Business Machines Corp. |
0.74%
10,433
|
$1,804,000 | 0.59% |
| Verizon Communications Inc |
0.72%
38,916
|
$1,605,000 | 0.52% |
| Jp Morgan Chase Co |
2.12%
7,722
|
$1,562,000 | 0.51% |
| Cisco Systems, Inc. |
6.63%
32,251
|
$1,532,000 | 0.50% |
| Honeywell International Inc |
0.75%
7,126
|
$1,522,000 | 0.49% |
| Equinix Inc |
0.20%
1,996
|
$1,510,000 | 0.49% |
| 3M Co. |
6.59%
14,688
|
$1,501,000 | 0.49% |
| Merck |
No change
12,095
|
$1,497,000 | 0.49% |
| Illinois Tool Works, Inc. |
No change
6,307
|
$1,495,000 | 0.49% |
| Raytheon Company |
No change
14,879
|
$1,494,000 | 0.49% |
| Alphabet Inc |
5.71%
8,140
|
$1,493,000 | 0.49% |
| Truist Financial Corporation |
1.65%
37,435
|
$1,454,000 | 0.47% |
| Novartis AG |
No change
13,543
|
$1,442,000 | 0.47% |
| Advanced Micro Devices Inc. |
0.53%
8,564
|
$1,389,000 | 0.45% |
| Texas Instruments Inc. |
No change
7,099
|
$1,381,000 | 0.45% |
| Union Pacific Corp. |
3.23%
5,949
|
$1,346,000 | 0.44% |
| Nike, Inc. |
4.64%
15,427
|
$1,163,000 | 0.38% |
| Pfizer Inc. |
9.32%
38,989
|
$1,091,000 | 0.35% |
| T. Rowe Price Group |
0.21%
9,421
|
$1,086,000 | 0.35% |
| Bankamerica Corp |
1.60%
27,011
|
$1,074,000 | 0.35% |
| Becton Dickinson |
3.09%
4,227
|
$988,000 | 0.32% |
| Marriott Intl |
14.94%
3,847
|
$930,000 | 0.30% |
| First Citizens Bank |
No change
550
|
$926,000 | 0.30% |
| Clorox Co. |
0.33%
6,125
|
$836,000 | 0.27% |
| Philip Morris International Inc |
37.55%
8,095
|
$820,000 | 0.27% |
| Stryker Corp. |
4.40%
2,371
|
$807,000 | 0.26% |
| Applied Matls Inc |
No change
3,376
|
$797,000 | 0.26% |
| Air Products Chemical |
0.70%
3,008
|
$776,000 | 0.25% |
| General Mills, Inc. |
1.03%
12,245
|
$775,000 | 0.25% |
| Lam Research Corp. |
No change
693
|
$738,000 | 0.24% |
| Toyota |
No change
3,482
|
$714,000 | 0.23% |
| Genuine Parts Co. |
0.49%
5,101
|
$706,000 | 0.23% |
| Edwards Lifesciences Corp |
1.34%
7,341
|
$678,000 | 0.22% |
| Vanguard Information Tech Etf |
No change
1,135
|
$654,000 | 0.21% |
| Bristol-meyers Squibb |
1.14%
15,113
|
$628,000 | 0.20% |
| Starbucks Corp. |
4.44%
7,955
|
$619,000 | 0.20% |
| Sherwin-Williams Co. |
1.49%
2,050
|
$612,000 | 0.20% |
| Aflac Inc. |
0.75%
6,636
|
$593,000 | 0.19% |
| APA Corporation |
Opened
20,000
|
$589,000 | 0.19% |
| Unilever plc |
0.57%
10,623
|
$584,000 | 0.19% |
| Emerson Electric Co. |
1.20%
5,159
|
$568,000 | 0.18% |
| Abbott Labs |
No change
5,340
|
$555,000 | 0.18% |
| American Express Co. |
No change
2,270
|
$526,000 | 0.17% |
| Northrop Grumman Corp. |
No change
1,180
|
$514,000 | 0.17% |
| Paychex Inc. |
2.41%
4,252
|
$504,000 | 0.16% |
| Mccormick Co. |
1.40%
6,893
|
$489,000 | 0.16% |
| Archer Daniels Midland Co. |
0.63%
7,847
|
$474,000 | 0.15% |
| Nucor Corp. |
No change
2,975
|
$470,000 | 0.15% |
| Skyworks Solutions, Inc. |
1.64%
3,905
|
$416,000 | 0.14% |
| Regeneron Pharms Inc |
No change
395
|
$415,000 | 0.13% |
| Tesla Inc |
55.72%
2,096
|
$415,000 | 0.13% |
| Jm Smucker Co |
3.31%
3,500
|
$382,000 | 0.12% |
| Church Dwight |
1.46%
3,553
|
$368,000 | 0.12% |
| Synopsys, Inc. |
No change
560
|
$333,000 | 0.11% |
| Prudential Financial, Inc. |
Closed
2,750
|
$323,000 | |
| Conocophillips |
4.67%
2,735
|
$313,000 | 0.10% |
| Select Spdr Energy Etf |
No change
3,393
|
$309,000 | 0.10% |
| Fiserv, Inc. |
0.82%
2,048
|
$305,000 | 0.10% |
| Altria Group Inc. |
Closed
6,079
|
$265,000 | |
| Laboratory Corp Of Amer Hldgs |
No change
1,302
|
$265,000 | 0.09% |
| Delta Air Lines, Inc. |
Opened
5,400
|
$256,000 | 0.08% |
| HP Inc |
2.03%
7,240
|
$254,000 | 0.08% |
| Toro Co. |
No change
2,540
|
$238,000 | 0.08% |
| Kimberly-Clark Corp. |
2.99%
1,725
|
$238,000 | 0.08% |
| Zimmer Biomet Holdings Inc |
No change
2,129
|
$231,000 | 0.08% |
| Columbia Sportswear Co. |
No change
2,800
|
$221,000 | 0.07% |
| GE Aerospace |
19.76%
1,370
|
$218,000 | 0.07% |
| Packaging Corp Amer |
Opened
1,190
|
$217,000 | 0.07% |
| Exxon Mobil Corp. |
Opened
1,822
|
$210,000 | 0.07% |
| Palto Alto Networks Inc |
Opened
615
|
$208,000 | 0.07% |
| Generac Holdings Inc |
Opened
1,555
|
$206,000 | 0.07% |
| Emeren Group Ltd |
Opened
12,000
|
$18,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 110 holdings | |||
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