Biechele Royce Advisors

CIK

1730808

Location

FISHERS, IN

Portfolio Value

Small $300,207,810

Diversification

Diversified

Filing Date

Global Rank

#4,238 / 7,447 ▼ 99 · as of Sep 2024

Top Industry

Drug Manufacturers - General 9.9%

Period ended 2 years ago

Filed Oct 29, 2024 · 2y

19 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 Sep 30, 2024, never from the firm's own description.

Style

Concentrated

The top 10 positions are 63.6% of the book (60%+)

Turnover

Low turnover

12.3% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 17.2 quarters (12+), a floor since 76.1% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2024-09-30, active share 83.3%; sector active share 24.8% against the combined 13F book's sector weights.

Over time 19 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.

View clone backtest

Portfolio Concentration

55 tracked positions · as of Sep 30, 2024 · Δ vs Jun 30, 2024

Top Position

8.9%

−0.9 pts

Top 5

37.5%

−0.1 pts

Top 10

63.6%

+1.7 pts

HHI

504

Diversified+2

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2024

Sector	% Portfolio	Value	Positions
Healthcare	23.3%	$70,058,508	6
Technology	23.3%	$69,922,519	8
Industrials	17.7%	$53,164,942	7
Financial Services	15.4%	$46,380,787	7
Consumer Cyclical	7.1%	$21,381,958	6
Unclassified	5.4%	$16,294,450	7
Communication Services	2.9%	$8,681,988	6
Basic Materials	2.3%	$6,859,863	1
Energy	1.3%	$3,999,513	1
Consumer Defensive	0.9%	$2,649,976	4
Real Estate	0.2%	$551,545	1
Utilities	0.1%	$261,761	1

Last Quarter's Activity

Export CSV

Sep 30, 2024 vs Jun 30, 2024

Added To

Positions the filer increased

14 positions

Ticker	Company	Δ Shares	Shares	Value
V	Visa Inc.	+21,904	23,141	$6,362,617
BWA	Borgwarner Inc	+20,188	461,454	$16,746,165
SCHW	Schwab Charles Corp	+19,061	210,531	$13,644,514
RHI	Robert Half Inc.	+13,935	233,954	$15,770,839
ZBH	Zimmer Biomet Holdings, Inc.	+11,496	66,110	$7,136,574
UPS	United Parcel Service Inc	+8,393	109,205	$14,889,009
MDT	Medtronic plc	+7,612	197,754	$17,803,792
JEPI	JPMorgan Equity Premium Income ETF	+445	10,755	$640,030
DE	Deere & Co	+255	17,514	$7,309,117
AMZN	Amazon Com Inc	+171	5,797	$1,080,155
BRK-B	Berkshire Hathaway Inc	+29	2,965	$1,364,670
WMT	Walmart Inc.	+21	6,684	$539,733
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	+15	1,899	$537,720
GOOGL	Alphabet Inc.	+10	5,177	$858,605
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PNR	PENTAIR plc	−67,436	76,274	$7,458,834
SLV	iShares Silver Trust	−8,351	481,174	$13,670,153
T	At&T Inc.	−7,758	122,926	$2,704,372
—		−7,177	315,721	$2,604,698
BNY	Bank of New York Mellon Corp	−6,377	331,011	$23,786,450
AMAT	Applied Materials Inc	−5,027	116,623	$23,563,677
CVS	CVS HEALTH Corp	−2,933	271,413	$17,066,449
INTC	Intel Corp	−2,787	230,546	$5,408,609
—		−2,373	39,257	$0
AMGN	Amgen Inc	−2,224	64,848	$20,894,674
ON	On Semiconductor Corp	−2,185	150,732	$10,944,650
AAPL	Apple Inc.	−2,063	114,250	$26,620,250
NUE	Nucor Corp	−1,050	45,629	$6,859,863
OBDC	Blue Owl Capital Corp	−1,000	14,150	$206,165
CAT	Caterpillar Inc	−918	18,310	$7,161,407
WY	Weyerhaeuser Co	−873	16,289	$551,545
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	−529	6,081	$290,975
IVV	iShares Core S&P 500 ETF	−515	1,592	$918,297
AVY	Avery Dennison Corp	−417	8,614	$1,901,626
SLB	Slb Limited	−410	95,340	$3,999,513
RTX	RTX Corp	−306	2,264	$274,306
NVDA	Nvidia Corp	−118	6,913	$839,514
MSFT	Microsoft Corp	−116	3,676	$1,581,782
PG	PROCTER & GAMBLE Co	−90	8,676	$1,502,683
PEP	Pepsico Inc	−72	1,597	$271,569
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
RDDT	Reddit, Inc.	26,603	$1,753,669
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
BEN	Franklin Templeton Inc	351,290	$7,851,331
FSK	FS KKR Capital Corp	10,743	$211,959
SPH	Suburban Propane Partners LP	11,100	$210,789
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

55 tracked positions · $300,207,810 total · filing declares 55 positions · $303,379 · as of Sep 30, 2024

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

Showing 1–50 of 55 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	114,250	-2,063	$26,620,250	+8.7%	19+	before history	8.87%
BNY	Bank of New York Mellon Corp Financial Services	Reduced	331,011	-6,377	$23,786,450	+17.7%	19+	before history	7.92%
AMAT	Applied Materials Inc Technology	Reduced	116,623	-5,027	$23,563,677	−17.9%	19+	before history	7.85%
AMGN	Amgen Inc Healthcare	Reduced	64,848	-2,224	$20,894,674	−0.3%	19+	before history	6.96%
MDT	Medtronic plc Healthcare	Added	197,754	+7,612	$17,803,792	+19.0%	8	$81.49	5.93%
CVS	CVS HEALTH Corp Healthcare	Reduced	271,413	-2,933	$17,066,449	+5.3%	19+	before history	5.68%
BWA	Borgwarner Inc Consumer Cyclical	Added	461,454	+20,188	$16,746,165	+17.7%	19+	before history	5.58%
RHI	Robert Half Inc. Industrials	Added	233,954	+13,935	$15,770,839	+12.0%	19+	before history	5.25%
UPS	United Parcel Service Inc Industrials	Added	109,205	+8,393	$14,889,009	+7.9%	19+	before history	4.96%
SLV	iShares Silver Trust	Reduced	481,174	-8,351	$13,670,153	+5.1%	19+	before history	4.55%
SCHW	Schwab Charles Corp Financial Services	Added	210,531	+19,061	$13,644,514	−3.3%	18	$51.21	4.55%
ON	On Semiconductor Corp Technology	Reduced	150,732	-2,185	$10,944,650	+4.4%	19+	before history	3.65%
PNR	PENTAIR plc Industrials	Reduced	76,274	-67,436	$7,458,834	−32.3%	10	$51.19	2.48%
DE	Deere & Co Industrials	Added	17,514	+255	$7,309,117	+13.3%	9	$387.75	2.43%
CAT	Caterpillar Inc Industrials	Reduced	18,310	-918	$7,161,407	+11.8%	19+	before history	2.39%
ZBH	Zimmer Biomet Holdings, Inc. Healthcare	Added	66,110	+11,496	$7,136,574	+20.4%	19+	before history	2.38%
LLY	ELI LILLY & Co Healthcare	Held	7,824	0	$6,931,594	−2.1%	19+	before history	2.31%
NUE	Nucor Corp Basic Materials	Reduced	45,629	-1,050	$6,859,863	−7.0%	19+	before history	2.29%
V	Visa Inc. Financial Services	Added	23,141	+21,904	$6,362,617	+1859.7%	14	$268.18	2.12%
INTC	Intel Corp Technology	Reduced	230,546	-2,787	$5,408,609	−25.2%	19+	before history	1.80%
SLB	Slb Limited Energy	Reduced	95,340	-410	$3,999,513	−11.5%	19+	before history	1.33%
T	At&T Inc. Communication Services	Reduced	122,926	-7,758	$2,704,372	+8.3%	19+	before history	0.90%
		Reduced	315,721	-7,177	$2,604,698	+8.4%	10	$18.03	0.87%
AVY	Avery Dennison Corp Consumer Cyclical	Reduced	8,614	-417	$1,901,626	−3.7%	19+	before history	0.63%
RDDT	Reddit, Inc. Communication Services	NEW	26,603	NEW	$1,753,669	NEW	1	$61.82	0.58%
MSFT	Microsoft Corp Technology	Reduced	3,676	-116	$1,581,782	−6.7%	14	$295.35	0.53%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	8,676	-90	$1,502,683	+3.9%	14	$150.49	0.50%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	2,965	+29	$1,364,670	+14.3%	19+	before history	0.45%
AMZN	Amazon Com Inc Consumer Cyclical	Added	5,797	+171	$1,080,155	−0.7%	18	unpriced	0.36%
IVV	iShares Core S&P 500 ETF	Reduced	1,592	-515	$918,297	−20.4%	15	unpriced	0.31%
ABNB	Airbnb, Inc. Consumer Cyclical	Held	7,050	0	$894,010	−16.4%	14	$156.67	0.30%
GOOGL	Alphabet Inc. Communication Services	Added	5,177	+10	$858,605	−8.8%	13	$123.09	0.29%
NVDA	Nvidia Corp Technology	Reduced	6,913	-118	$839,514	−3.3%	5	unpriced	0.28%
UTG	Reaves Utility Income Fund Financial Services	Held	24,350	0	$798,923	+20.1%	12	$31.34	0.27%
GTLB	Gitlab Inc. Technology	Held	14,192	0	$731,455	+3.7%	9	$58.37	0.24%
JEPI	JPMorgan Equity Premium Income ETF	Added	10,755	+445	$640,030	+9.5%	9	$55.14	0.21%
WY	Weyerhaeuser Co Real Estate	Reduced	16,289	-873	$551,545	+13.2%	19+	before history	0.18%
WMT	Walmart Inc. Consumer Defensive	Added	6,684	+21	$539,733	+19.6%	13	$48.45	0.18%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Added	1,899	+15	$537,720	+6.7%	19+	before history	0.18%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	1,084	-1	$439,236	+17.6%	7	$313.41	0.15%
META	Meta Platforms, Inc. Communication Services	Reduced	669	-39	$382,962	+7.3%	6	$371.71	0.13%
GOOG	Alphabet Inc. Communication Services	Held	2,259	0	$377,682	−8.8%	6	$116.58	0.13%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	379	-26	$335,991	−2.4%	6	$505.99	0.11%
TJX	Tjx Companies Inc Consumer Cyclical	Held	2,729	0	$320,766	+6.8%	13	$70.93	0.11%
NSC	Norfolk Southern Corp Industrials	Held	1,213	0	$301,430	+15.7%	16	$227.84	0.10%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Reduced	6,081	-529	$290,975	+0.6%	3	$40.81	0.10%
RTX	RTX Corp Industrials	Reduced	2,264	-306	$274,306	+6.3%	3	$90.42	0.09%
PEP	Pepsico Inc Consumer Defensive	Reduced	1,597	-72	$271,569	−1.3%	12	$167.14	0.09%
SRE	Sempra Utilities	Held	3,130	0	$261,761	+10.0%	6	unpriced	0.09%
VIG	Vanguard Specialized Funds	Reduced	1,198	-49	$237,275	+4.2%	7	$155.23	0.08%

Showing the top 50 of 55 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.