Jolley Asset Management, LLC

CIK

1569117

Location

ROCKY MOUNT, NC

Portfolio Value

Micro $19,075,699

Diversification

Diversified

Filing Date

Mar 31, 2020

Global Rank

#3,148 / 5,298

Top Industry

Drug Manufacturers - General 13.2%

3Y Alpha vs SPY

-3.3%

Period ended 6 years ago

Filed Apr 15, 2020 · 6y

Clone Performance

Jun 2023–Jun 2026 · vs SPY

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

Cloned portfolio

+61.2%

SPY

+74.2%

Annualised alpha

-3.1%

Max drawdown

−13.0%

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

56 positions · as of Mar 31, 2020

Top Position

4.7%

of portfolio value

Top 5

21.3%

of portfolio value

Top 10

40.9%

of portfolio value

HHI

309

Diversified

Sector Breakdown

As of Mar 31, 2020

Sector	% Portfolio	Value	Positions
Financial Services	27.3%	$26,775,666	20
Healthcare	19.4%	$19,075,699	6
Technology	15.8%	$15,493,511	7
Communication Services	10.3%	$10,135,365	4
Consumer Defensive	8.6%	$8,466,050	5
Industrials	4.7%	$4,616,660	4
Utilities	4.1%	$4,004,162	1
Energy	3.5%	$3,409,147	3
Consumer Cyclical	3.3%	$3,283,972	2
Basic Materials	2.6%	$2,595,862	3
Real Estate	0.3%	$274,271	1

Portfolio Positions

Compact Export CSV View 13F filing

6 positions · $19,075,699 total · Healthcare only · as of Mar 31, 2020

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MRK	Merck & Co., Inc. Healthcare	First	55,335	—	$4,062,474	—	21.30%
CVS	CVS HEALTH Corp Healthcare	First	68,038	—	$4,036,694	—	21.16%
PFE	Pfizer Inc Healthcare	First	125,898	—	$3,898,771	—	20.44%
NVS	Novartis AG Healthcare	First	46,955	—	$3,871,439	—	20.30%
ABT	Abbott Laboratories Healthcare	First	26,113	—	$2,060,576	—	10.80%
ABBV	AbbVie Inc. Healthcare	First	15,038	—	$1,145,745	—	6.01%