Parsec Financial Management, Inc.

CIK

1349138

Location

ASHEVILLE, NC

Portfolio Value

Mid $1,204,102,984

Diversification

Diversified

Filing Date

Global Rank

#1,178 / 6,875 ▼ 23 · as of Mar 2023

Top Industry

Drug Manufacturers - General 11.5%

3Y Alpha vs SPY

-3.9%

Period ended 3 years ago

Filed Apr 6, 2023 · 3y

13 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+59.6%

SPY

+76.5%

Annualised alpha

-4.0%

Max drawdown

−17.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

9.9%

+1.6 pts

Top 5

29.9%

+2.4 pts

Top 10

41.7%

+0.9 pts

HHI

300

Diversified+34

Portfolio Trend

13 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2023

Sector	% Portfolio	Value	Positions
Technology	31.5%	$378,706,317	33
Healthcare	18.0%	$217,016,449	24
Financial Services	12.4%	$149,764,879	29
Consumer Cyclical	10.9%	$131,293,387	20
Industrials	10.0%	$120,812,212	29
Consumer Defensive	9.9%	$118,644,131	20
Communication Services	3.6%	$43,211,355	9
Basic Materials	1.4%	$16,797,391	9
Unclassified	1.0%	$11,563,318	5
Energy	0.6%	$7,258,642	7
Utilities	0.6%	$7,181,690	5
Real Estate	0.2%	$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
TFC	Truist Financial Corp	+72,857	144,629	$4,931,848
HBAN	Huntington Bancshares Inc /Md/	+65,692	589,986	$6,607,843
ABT	Abbott Laboratories	+29,639	114,024	$11,546,070
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
WSM	Williams Sonoma Inc	+11,823	85,431	$5,196,767
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
HUBB	Hubbell Inc	+6,616	19,730	$4,800,506
AMZN	Amazon Com Inc	+5,543	98,740	$10,198,854
ALGN	Align Technology Inc	+5,443	13,634	$4,555,664
KO	Coca Cola Co	+5,404	175,552	$10,889,490
MDLZ	Mondelez International, Inc.	+4,678	8,358	$582,719
LOW	Lowes Companies Inc	+4,639	304,978	$60,986,450
D	Dominion Energy, Inc	+4,405	13,969	$781,006
VZ	Verizon Communications Inc	+3,653	11,423	$444,240
AAP	Advance Auto Parts Inc	+3,474	126,119	$15,337,331
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CVS	CVS HEALTH Corp	−66,154	77,806	$5,781,763
CMCSA	Comcast Corp	−44,485	303,112	$10,769,417
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
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	$18,688,685
JPM	Jpmorgan Chase & Co	−8,399	248,975	$32,443,932
BDX	Becton Dickinson & Co	−6,702	1,450	$282,180
SEIC	Sei Investments Co	−6,176	119,656	$6,886,202
PEP	Pepsico Inc	−5,214	150,842	$27,498,496
CSX	Csx Corp	−4,257	23,178	$693,949
TROW	Price T Rowe Group Inc	−4,065	1,808	$204,123
LLY	ELI LILLY & Co	−4,016	72,956	$25,054,549
HPE	Hewlett Packard Enterprise Co	−4,000	30,542	$486,534
INFY	Infosys Ltd	−3,824	173,552	$3,026,746
DIS	Walt Disney Co	−3,693	98,052	$9,817,946
UPS	United Parcel Service Inc	−3,553	136,501	$26,479,828
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 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
APD	Air Products & Chemicals, Inc.	991	$284,625
META	Meta Platforms, Inc.	1,264	$267,892
PGR	Progressive Corp/Oh/	1,612	$230,612
ROK	Rockwell Automation, Inc	742	$217,739
WM	Waste Management Inc	1,282	$209,183
KHC	Kraft Heinz Co	5,219	$201,818
NFLX	Netflix Inc	610	$21,074
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
C	Citigroup Inc	43,363	$1,961,308
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

194 positions · $1,204,102,984 total · 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 194 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	719,662	-17,624	$118,672,263	+23.9%	9.86%
MSFT	Microsoft Corp Technology	Reduced	343,166	-1,800	$98,934,757	+19.6%	8.22%
LOW	Lowes Companies Inc Consumer Cyclical	Added	304,978	+4,639	$60,986,450	+1.9%	5.06%
CSCO	Cisco Systems, Inc. Technology	Reduced	901,957	-2,137	$47,154,311	+9.5%	3.92%
AMGN	Amgen Inc Healthcare	Reduced	140,418	-1,766	$33,946,051	−9.1%	2.82%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	248,975	-8,399	$32,443,932	−6.0%	2.69%
JNJ	Johnson & Johnson Healthcare	Reduced	190,325	-1,190	$29,500,375	−12.8%	2.45%
PEP	Pepsico Inc Consumer Defensive	Reduced	150,842	-5,214	$27,498,496	−2.5%	2.28%
UPS	United Parcel Service Inc Industrials	Reduced	136,501	-3,553	$26,479,828	+8.8%	2.20%
V	Visa Inc. Financial Services	Reduced	116,041	-2,841	$26,162,603	+5.9%	2.17%
EMR	Emerson Electric Co Industrials	Reduced	296,778	-16,807	$25,861,234	−14.1%	2.15%
LLY	ELI LILLY & Co Healthcare	Reduced	72,956	-4,016	$25,054,549	−11.0%	2.08%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	268,736	+16,107	$24,997,822	+32.8%	2.08%
TGT	Target Corp Consumer Defensive	Reduced	145,188	-2,466	$24,047,488	+9.3%	2.00%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	141,807	+11,113	$21,085,282	+6.4%	1.75%
ADP	Automatic Data Processing Inc Technology	Reduced	87,925	-1,309	$19,574,742	−8.2%	1.63%
NVO	Novo Nordisk A S Healthcare	Reduced	234,871	-8,780	$18,688,685	+13.3%	1.55%
PNC	Pnc Financial Services Group, Inc. Financial Services	Added	136,634	+7,128	$17,366,181	−15.1%	1.44%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	55,868	-976	$16,487,764	−8.2%	1.37%
EA	Electronic Arts Inc. Communication Services	Added	133,344	+1,794	$16,061,284	−0.1%	1.33%
DOV	DOVER Corp Industrials	Reduced	101,410	-1,906	$15,408,235	+10.1%	1.28%
AAP	Advance Auto Parts Inc Consumer Cyclical	Added	126,119	+3,474	$15,337,331	−14.9%	1.27%
LMT	Lockheed Martin Corp Industrials	Added	31,448	+756	$14,866,413	−0.4%	1.23%
UNH	Unitedhealth Group Inc Healthcare	Added	31,451	+1,766	$14,863,428	−5.6%	1.23%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	140,960	-10,859	$14,678,164	−2.5%	1.22%
TD	Toronto Dominion Bank Financial Services	Added	240,396	+14,374	$14,399,720	−1.6%	1.20%
ABBV	AbbVie Inc. Healthcare	Added	81,583	+1,090	$13,001,882	−0.1%	1.08%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	187,426	-22,517	$12,990,496	−14.0%	1.08%
SYK	Stryker Corp Healthcare	Reduced	42,979	-1,781	$12,269,215	+12.1%	1.02%
ABT	Abbott Laboratories Healthcare	Added	114,024	+29,639	$11,546,070	+24.6%	0.96%
KO	Coca Cola Co Consumer Defensive	Added	175,552	+5,404	$10,889,490	+0.6%	0.90%
CMCSA	Comcast Corp Communication Services	Reduced	303,112	-44,485	$10,769,417	−5.5%	0.89%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	135,802	-18,778	$10,205,520	−16.2%	0.85%
AMZN	Amazon Com Inc Consumer Cyclical	Added	98,740	+5,543	$10,198,854	+30.3%	0.85%
ELV	Elevance Health, Inc. Healthcare	Added	21,426	+428	$9,851,889	−8.5%	0.82%
DIS	Walt Disney Co Communication Services	Reduced	98,052	-3,693	$9,817,946	+11.1%	0.82%
SWKS	Skyworks Solutions, Inc. Technology	Added	74,585	+10,884	$8,799,538	+51.6%	0.73%
LOGI	Logitech International S.A. Technology	Added	150,733	+13,836	$8,751,557	+2.7%	0.73%
SCHW	Schwab Charles Corp Financial Services	Added	164,267	+7,863	$8,604,305	−33.9%	0.71%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Added	9,928	+21	$8,157,539	+14.1%	0.68%
ORCL	Oracle Corp Technology	Reduced	87,041	-2,587	$8,087,849	+10.4%	0.67%
SPY	Spdr S&P 500 ETF Trust	Reduced	18,181	-353	$7,443,119	+5.0%	0.62%
VRTX	Vertex Pharmaceuticals Inc / Ma Healthcare	Added	22,584	+126	$7,115,540	+9.7%	0.59%
SEIC	Sei Investments Co Financial Services	Reduced	119,656	-6,176	$6,886,202	−6.1%	0.57%
NTR	Nutrien Ltd. Basic Materials	Reduced	92,956	-2,603	$6,864,800	−1.6%	0.57%
FDX	Fedex Corp Industrials	Added	35,963	+2,892	$6,621,421	+43.5%	0.55%
HBAN	Huntington Bancshares Inc /Md/ Financial Services	Added	589,986	+65,692	$6,607,843	−10.6%	0.55%
RIO	Rio Tinto PLC Basic Materials	Reduced	90,772	-10,760	$6,226,959	−13.9%	0.52%
ADBE	Adobe Inc. Technology	Added	16,092	+107	$6,201,374	+15.3%	0.52%
SYY	Sysco Corp Consumer Defensive	Reduced	75,297	-1,045	$5,815,187	−0.4%	0.48%