Parsec Financial Management, Inc.

CIK

1349138

Location

ASHEVILLE, NC

Portfolio Value

Mid $2,324,788,131

Diversification

Diversified

Filing Date

Global Rank

#969 / 7,012 ▼ 3 · as of Mar 2023

Top Industry

Drug Manufacturers - General 11.8%

Period ended 3 years ago

Filed Apr 6, 2023 · 3y

13 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Mar 31, 2023, never from the firm's own description.

Style

Diversified active

Top 10 weight 52.3%, 20.4 effective positions, active share 63.2% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

11.7% over the last four quarters (under 30%)

Horizon

Horizon unknown

The value-weighted holding period is at least 11.9 quarters, but 79.9% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 63.2%; sector active share 30.9% against the combined 13F book's sector weights.

Over time 13 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

291 tracked positions · as of Mar 31, 2023 · Δ vs Dec 31, 2022

Top Position

16.2%

+0.3 pts

Top 5

40.0%

+2.0 pts

Top 10

52.3%

+2.3 pts

HHI

490

Diversified+27

Portfolio Trend

13 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2023

Sector	% Portfolio	Value	Positions
Unclassified	43.2%	$1,004,854,106	92
Technology	18.1%	$421,941,519	35
Healthcare	10.1%	$235,906,211	24
Financial Services	6.5%	$150,848,750	31
Consumer Cyclical	6.0%	$138,423,543	21
Consumer Defensive	5.8%	$133,967,953	21
Industrials	5.3%	$124,024,947	29
Communication Services	3.4%	$78,089,182	10
Basic Materials	0.7%	$16,725,456	9
Energy	0.5%	$10,971,561	10
Utilities	0.3%	$7,181,690	5
Real Estate	0.1%	$1,853,213	4

Last Quarter's Activity

Export CSV

Mar 31, 2023 vs Dec 31, 2022

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
DFAU	Dimensional US Core Equity Market ETF	+455,142	4,151,665	$119,443,402
FLOT	iShares Floating Rate Bond ETF	+77,261	807,198	$40,674,707
TFC	Truist Financial Corp	+72,857	144,629	$4,931,848
VEA	Vanguard FTSE Developed Markets ETF	+66,489	4,785,721	$216,171,017
HBAN	Huntington Bancshares Inc	+65,692	589,986	$6,607,843
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	+40,065	1,105,260	$44,652,504
IJS	iShares S&P Small-Cap 600 Value ETF	+37,589	641,697	$60,056,422
MBB	iShares MBS ETF	+37,014	62,494	$5,920,056
—		+36,579	943,019	$35,118,016
ABT	Abbott Laboratories	+29,639	114,024	$11,546,070
IVW	iShares S&P 500 Growth ETF	+26,026	465,413	$29,735,236
JEF	Jefferies Financial Group Inc.	+25,859	112,964	$3,585,477
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+16,107	268,736	$24,997,822
TD	Toronto Dominion Bank	+14,374	240,396	$14,399,720
LOGI	Logitech International S.A.	+13,836	150,733	$8,751,557
ESML	iShares ESG Aware MSCI USA Small-Cap ETF	+13,388	169,569	$5,763,650
WSM	Williams Sonoma Inc	+11,823	85,431	$10,393,535
PG	PROCTER & GAMBLE Co	+11,113	141,807	$21,085,282
SWKS	Skyworks Solutions, Inc.	+10,884	74,585	$8,799,538
DUK	Duke Energy CORP	+9,346	29,774	$2,872,297
SCHW	Schwab Charles Corp	+7,863	164,267	$8,604,305
PNC	Pnc Financial Services Group, Inc.	+7,128	136,634	$17,366,181
PM	Philip Morris International Inc.	+6,920	16,959	$1,649,262
FTNT	Fortinet, Inc.	+6,850	71,780	$4,770,498
ICE	Intercontinental Exchange, Inc.	+6,762	54,707	$5,705,393
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PBR-A	Petrobras - Petroleo Brasileiro SA	−108,000	92,000	$853,760
CVS	CVS HEALTH Corp	−66,154	77,806	$5,781,763
CMCSA	Comcast Corp	−44,485	303,112	$11,490,968
TOT	TotalEnergies SE	−36,143	9,987	$0
BMY	Bristol Myers Squibb Co	−22,517	187,426	$12,990,496
CIEN	Ciena Corp	−19,729	64,225	$3,373,097
CL	Colgate Palmolive Co	−18,778	135,802	$10,205,520
AAPL	Apple Inc.	−17,624	719,662	$118,672,263
EMR	Emerson Electric Co	−16,807	296,778	$25,861,234
SCHM	Schwab U.S. Mid-Cap ETF	−12,649	352,206	$23,897,212
SCHG	Schwab U.S. Large-Cap Growth ETF	−11,869	300,439	$19,579,609
SCHX	Schwab U.S. Large-Cap ETF	−11,834	622,584	$30,114,325
SBUX	Starbucks Corp	−10,859	140,960	$14,678,164
RIO	Rio Tinto PLC	−10,760	90,772	$6,226,959
AFL	Aflac Inc	−10,019	52,842	$3,409,365
RITM	Rithm Capital Corp.	−10,000	15,000	$120,000
HPQ	Hp Inc	−9,800	13,422	$393,935
INTC	Intel Corp	−8,796	57,604	$1,881,922
NVO	Novo Nordisk A S	−8,780	234,871	$37,377,370
IAGG	iShares Core International Aggregate Bond ETF	−8,747	398,321	$19,497,812
JPM	Jpmorgan Chase & Co	−8,399	248,975	$32,443,932
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	−7,841	29,840	$1,426,948
SCHP	Schwab U.S. TIPS ETF	−7,067	320,312	$17,171,926
BDX	Becton Dickinson & Co	−6,702	1,450	$358,932
SEIC	Sei Investments Co	−6,176	119,656	$6,886,202
No positions match the current search.

New Positions

Positions the filer opened this quarter

13 positions

Ticker	Company	Shares	Value
VNO	Vornado Realty Trust	60,000	$922,200
SLG	Sl Green Realty Corp	25,000	$588,000
AVT	Avnet Inc	11,500	$519,800
ANET	Arista Networks, Inc.	1,985	$333,202
APD	Air Products & Chemicals, Inc.	991	$284,625
META	Meta Platforms, Inc.	1,264	$267,892
PGR	Progressive Corp	1,612	$230,612
ROK	Rockwell Automation, Inc	742	$217,739
IGV	iShares Expanded Tech-Software Sector ETF	698	$212,680
NFLX	Netflix Inc	610	$210,742
WM	Waste Management Inc	1,282	$209,183
KHC	Kraft Heinz Co	5,219	$201,818
—		18,017	$154,406
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
C	Citigroup Inc	43,363	$1,961,308
—		5,404	$168,154
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

291 tracked positions · $2,324,788,131 total · filing declares 295 positions · $2,374,777,231 · as of Mar 31, 2023

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 291 positions by value · page 1 of 6

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
VEA	Vanguard FTSE Developed Markets ETF	Added	4,785,721	+66,489	$216,171,017	+9.1%	13+	before history	9.30%
DFAU	Dimensional US Core Equity Market ETF	Added	4,151,665	+455,142	$119,443,402	+19.6%	8	$29.35	5.14%
AAPL	Apple Inc. Technology	Reduced	719,662	-17,624	$118,672,263	+23.9%	13+	before history	5.10%
MSFT	Microsoft Corp Technology	Reduced	343,166	-1,800	$98,934,757	+19.6%	13+	before history	4.26%
IVV	iShares Core S&P 500 ETF	Added	194,485	+6,484	$79,948,893	+10.7%	13+	before history	3.44%
LOW	Lowes Companies Inc Consumer Cyclical	Added	304,978	+4,639	$60,986,450	+1.9%	13+	before history	2.62%
IJS	iShares S&P Small-Cap 600 Value ETF	Added	641,697	+37,589	$60,056,422	+8.9%	10	unpriced	2.58%
CSCO	Cisco Systems, Inc. Technology	Reduced	901,957	-2,137	$47,154,311	+9.5%	13+	before history	2.03%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Added	1,105,260	+40,065	$44,652,504	+7.5%	13+	before history	1.92%
FLOT	iShares Floating Rate Bond ETF	Added	807,198	+77,261	$40,674,707	+10.7%	6	unpriced	1.75%
NVO	Novo Nordisk A S Healthcare	Reduced	234,871	-8,780	$37,377,370	+13.3%	13+	before history	1.61%
AVGO	Broadcom Inc. Technology	Added	57,208	+123	$36,701,220	+15.0%	13+	before history	1.58%
		Added	943,019	+36,579	$35,118,016	+16.3%	13+	before history	1.51%
GOOG	Alphabet Inc. Communication Services	Added	326,602	+4,542	$33,966,608	+18.9%	13+	before history	1.46%
AMGN	Amgen Inc Healthcare	Reduced	140,418	-1,766	$33,946,051	−9.1%	13+	before history	1.46%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	248,975	-8,399	$32,443,932	−6.0%	13+	before history	1.40%
SCHX	Schwab U.S. Large-Cap ETF	Reduced	622,584	-11,834	$30,114,325	+5.1%	13+	before history	1.30%
IVW	iShares S&P 500 Growth ETF	Added	465,413	+26,026	$29,735,236	+15.7%	13+	before history	1.28%
JNJ	Johnson & Johnson Healthcare	Reduced	190,325	-1,190	$29,500,375	−12.8%	13+	before history	1.27%
IWD	iShares Russell 1000 Value ETF	Reduced	189,068	-5,724	$28,787,493	−2.5%	13+	before history	1.24%
PEP	Pepsico Inc Consumer Defensive	Reduced	150,842	-5,214	$27,498,496	−2.5%	13+	before history	1.18%
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	Reduced	359,767	-5,267	$27,425,038	−0.1%	13+	before history	1.18%
UPS	United Parcel Service Inc Industrials	Reduced	136,501	-3,553	$26,479,828	+8.8%	13+	before history	1.14%
V	Visa Inc. Financial Services	Reduced	116,041	-2,841	$26,162,603	+5.9%	13+	before history	1.13%
EMR	Emerson Electric Co Industrials	Reduced	296,778	-16,807	$25,861,234	−14.1%	13+	before history	1.11%
LLY	ELI LILLY & Co Healthcare	Reduced	72,956	-4,016	$25,054,549	−11.0%	13+	before history	1.08%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	268,736	+16,107	$24,997,822	+32.8%	13+	before history	1.08%
TGT	Target Corp Consumer Defensive	Reduced	145,188	-2,466	$24,047,488	+9.3%	13+	before history	1.03%
SCHM	Schwab U.S. Mid-Cap ETF	Reduced	352,206	-12,649	$23,897,212	−0.2%	13+	before history	1.03%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	141,807	+11,113	$21,085,282	+6.4%	13+	before history	0.91%
SCHG	Schwab U.S. Large-Cap Growth ETF	Reduced	300,439	-11,869	$19,579,609	+12.8%	13+	before history	0.84%
ADP	Automatic Data Processing Inc Technology	Reduced	87,925	-1,309	$19,574,742	−8.2%	13+	before history	0.84%
IAGG	iShares Core International Aggregate Bond ETF	Reduced	398,321	-8,747	$19,497,812	+0.7%	8	unpriced	0.84%
IJH	iShares Core S&P Mid-Cap ETF	Reduced	75,604	-3,874	$18,913,096	−1.6%	13+	before history	0.81%
PNC	Pnc Financial Services Group, Inc. Financial Services	Added	136,634	+7,128	$17,366,181	−15.1%	13+	before history	0.75%
SCHP	Schwab U.S. TIPS ETF	Reduced	320,312	-7,067	$17,171,926	+1.3%	13+	before history	0.74%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	55,868	-976	$16,487,764	−8.2%	13+	before history	0.71%
		Added	133,344	+1,794	$16,061,284	−0.1%	9	$133.22	0.69%
DOV	DOVER Corp Industrials	Reduced	101,410	-1,906	$15,408,235	+10.1%	13+	before history	0.66%
AAP	Advance Auto Parts Inc Consumer Cyclical	Added	126,119	+3,474	$15,337,331	−14.9%	10	$185.18	0.66%
IEFA	iShares Core MSCI EAFE ETF	Added	226,752	+6,426	$15,158,371	+11.6%	13+	before history	0.65%
LMT	Lockheed Martin Corp Industrials	Added	31,448	+756	$14,866,413	−0.4%	9	$382.45	0.64%
UNH	Unitedhealth Group Inc Healthcare	Added	31,451	+1,766	$14,863,428	−5.6%	13+	before history	0.64%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	140,960	-10,859	$14,678,164	−2.5%	13+	before history	0.63%
TD	Toronto Dominion Bank Financial Services	Added	240,396	+14,374	$14,399,720	−1.6%	13+	before history	0.62%
MUB	iShares National Muni Bond ETF	Reduced	123,620	-4,500	$13,318,818	−1.5%	13+	before history	0.57%
ABBV	AbbVie Inc. Healthcare	Added	81,583	+1,090	$13,001,882	−0.1%	13+	before history	0.56%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	187,426	-22,517	$12,990,496	−14.0%	13+	before history	0.56%
SYK	Stryker Corp Healthcare	Reduced	42,979	-1,781	$12,269,215	+12.1%	13+	before history	0.53%
ESGD	iShares ESG Aware MSCI EAFE ETF	Added	169,804	+760	$12,198,719	+9.8%	13+	before history	0.52%

Showing the top 50 of 291 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.