Biechele Royce Advisors

CIK

1730808

Location

FISHERS, IN

Portfolio Value

Small $297,205,831

Diversification

Diversified

Filing Date

Global Rank

#3,108 / 7,310 ▼ 56 · as of Sep 2024

Top Industry

Drug Manufacturers - General 9.9%

3Y Alpha vs SPY

+1.2%

Period ended 1 year ago

Filed Oct 29, 2024 · 1y

19 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

+79.4%

SPY

+76.5%

Annualised alpha

+0.6%

Max drawdown

−17.6%

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

48 positions · as of Sep 30, 2024 · Δ vs Jun 30, 2024

Top Position

9.0%

−0.9 pts

Top 5

37.9%

−0.1 pts

Top 10

64.2%

+1.7 pts

HHI

514

Diversified+1

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2024

Sector	% Portfolio	Value	Positions
Healthcare	23.6%	$70,058,508	6
Technology	23.5%	$69,922,519	8
Industrials	17.9%	$53,164,942	7
Financial Services	15.6%	$46,380,787	7
Consumer Cyclical	7.2%	$21,381,958	6
Unclassified	4.6%	$13,670,153	1
Communication Services	2.8%	$8,304,306	5
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

12 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
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
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
WBD	Warner Bros. Discovery, Inc.	−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 /De	−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
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
AVY	Avery Dennison Corp	−417	8,614	$1,901,626
SLB	Slb Limited/Nv	−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
META	Meta Platforms, Inc.	−39	669	$382,962
COST	Costco Wholesale Corp /New	−26	379	$335,991
JNJ	Johnson & Johnson	−2	1,391	$225,425
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 Resources 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

48 positions · $297,205,831 total · as of Sep 30, 2024

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
AAPL	Apple Inc. Technology	Reduced	114,250	-2,063	$26,620,250	+8.7%	8.96%
BNY	Bank of New York Mellon Corp Financial Services	Reduced	331,011	-6,377	$23,786,450	+17.7%	8.00%
AMAT	Applied Materials Inc /De Technology	Reduced	116,623	-5,027	$23,563,677	−17.9%	7.93%
AMGN	Amgen Inc Healthcare	Reduced	64,848	-2,224	$20,894,674	−0.3%	7.03%
MDT	Medtronic plc Healthcare	Added	197,754	+7,612	$17,803,792	+19.0%	5.99%
CVS	CVS HEALTH Corp Healthcare	Reduced	271,413	-2,933	$17,066,449	+5.3%	5.74%
BWA	Borgwarner Inc Consumer Cyclical	Added	461,454	+20,188	$16,746,165	+17.7%	5.63%
RHI	Robert Half Inc. Industrials	Added	233,954	+13,935	$15,770,839	+12.0%	5.31%
UPS	United Parcel Service Inc Industrials	Added	109,205	+8,393	$14,889,009	+7.9%	5.01%
SLV	iShares Silver Trust	Reduced	481,174	-8,351	$13,670,153	+5.1%	4.60%
SCHW	Schwab Charles Corp Financial Services	Added	210,531	+19,061	$13,644,514	−3.3%	4.59%
ON	On Semiconductor Corp Technology	Reduced	150,732	-2,185	$10,944,650	+4.4%	3.68%
PNR	PENTAIR plc Industrials	Reduced	76,274	-67,436	$7,458,834	−32.3%	2.51%
DE	Deere & Co Industrials	Added	17,514	+255	$7,309,117	+13.3%	2.46%
CAT	Caterpillar Inc Industrials	Reduced	18,310	-918	$7,161,407	+11.8%	2.41%
ZBH	Zimmer Biomet Holdings, Inc. Healthcare	Added	66,110	+11,496	$7,136,574	+20.4%	2.40%
LLY	ELI LILLY & Co Healthcare	Held	7,824	0	$6,931,594	−2.1%	2.33%
NUE	Nucor Corp Basic Materials	Reduced	45,629	-1,050	$6,859,863	−7.0%	2.31%
V	Visa Inc. Financial Services	Added	23,141	+21,904	$6,362,617	+1859.7%	2.14%
INTC	Intel Corp Technology	Reduced	230,546	-2,787	$5,408,609	−25.2%	1.82%
SLB	Slb Limited/Nv Energy	Reduced	95,340	-410	$3,999,513	−11.5%	1.35%
T	At&T Inc. Communication Services	Reduced	122,926	-7,758	$2,704,372	+8.3%	0.91%
WBD	Warner Bros. Discovery, Inc. Communication Services	Reduced	315,721	-7,177	$2,604,698	+8.4%	0.88%
AVY	Avery Dennison Corp Consumer Cyclical	Reduced	8,614	-417	$1,901,626	−3.7%	0.64%
RDDT	Reddit, Inc. Communication Services	NEW	26,603	NEW	$1,753,669	NEW	0.59%
MSFT	Microsoft Corp Technology	Reduced	3,676	-116	$1,581,782	−6.7%	0.53%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	8,676	-90	$1,502,683	+3.9%	0.51%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	2,965	+29	$1,364,670	+14.3%	0.46%
AMZN	Amazon Com Inc Consumer Cyclical	Added	5,797	+171	$1,080,155	−0.7%	0.36%
ABNB	Airbnb, Inc. Consumer Cyclical	Held	7,050	0	$894,010	−16.4%	0.30%
GOOGL	Alphabet Inc. Communication Services	Added	5,177	+10	$858,605	−8.8%	0.29%
NVDA	Nvidia Corp Technology	Reduced	6,913	-118	$839,514	−3.3%	0.28%
UTG	Reaves Utility Income Fund Financial Services	Held	24,350	0	$798,923	+20.1%	0.27%
GTLB	Gitlab Inc. Technology	Held	14,192	0	$731,455	+3.7%	0.25%
WY	Weyerhaeuser Co Real Estate	Reduced	16,289	-873	$551,545	+13.2%	0.19%
WMT	Walmart Inc. Consumer Defensive	Added	6,684	+21	$539,733	+19.6%	0.18%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	1,084	-1	$439,236	+17.6%	0.15%
META	Meta Platforms, Inc. Communication Services	Reduced	669	-39	$382,962	+7.3%	0.13%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	379	-26	$335,991	−2.4%	0.11%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Held	2,729	0	$320,766	+6.8%	0.11%
NSC	Norfolk Southern Corp Industrials	Held	1,213	0	$301,430	+15.7%	0.10%
RTX	RTX Corp Industrials	Reduced	2,264	-306	$274,306	+6.3%	0.09%
PEP	Pepsico Inc Consumer Defensive	Reduced	1,597	-72	$271,569	−1.3%	0.09%
SRE	Sempra Utilities	Held	3,130	0	$261,761	+10.0%	0.09%
DBX	Dropbox, Inc. Technology	Held	9,146	0	$232,582	+13.2%	0.08%
JNJ	Johnson & Johnson Healthcare	Reduced	1,391	-2	$225,425	+10.7%	0.08%
PDO	PIMCO Dynamic Income Opportunities Fund Financial Services	Held	15,400	0	$217,448	+6.2%	0.07%
OBDC	Blue Owl Capital Corp Financial Services	Reduced	14,150	-1,000	$206,165	−11.4%	0.07%