TRADITION ASSET MANAGEMENT LLC

CIK

1778396

Location

RICHMOND, VA

Portfolio Value

Small $274,475,150

Diversification

Diversified

Filing Date

Global Rank

#2,126 / 5,300 ▼ 61 · as of Jun 2020

Top Industry

Drug Manufacturers - General 16.2%

3Y Alpha vs SPY

-4.0%

Period ended 6 years ago

Filed Aug 6, 2020 · 5y

2 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

+58.8%

SPY

+76.5%

Annualised alpha

-4.2%

Max drawdown

−15.5%

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

127 positions · as of Jun 30, 2020 · Δ vs Mar 31, 2020

Top Position

4.0%

−0.3 pts

Top 5

17.4%

−0.6 pts

Top 10

28.8%

−1.3 pts

HHI

171

Diversified−5

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2020

Sector	% Portfolio	Value	Positions
Healthcare	25.7%	$70,542,415	19
Financial Services	20.5%	$56,198,805	27
Technology	17.2%	$47,133,711	19
Consumer Cyclical	10.6%	$29,172,906	15
Industrials	8.3%	$22,887,099	16
Consumer Defensive	5.3%	$14,560,071	9
Communication Services	4.3%	$11,906,203	6
Unclassified	3.3%	$9,058,189	2
Energy	3.1%	$8,521,466	8
Basic Materials	1.2%	$3,302,590	4
Utilities	0.4%	$1,191,695	2

Last Quarter's Activity

Export CSV

Jun 30, 2020 vs Mar 31, 2020

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
T	At&T Inc.	+53,965	146,089	$3,335,547
CSCO	Cisco Systems, Inc.	+11,265	110,251	$5,142,106
NVS	Novartis AG	+8,973	75,664	$6,608,493
EG	Everest Group, Ltd.	+5,939	27,439	$5,657,921
ELAN	Elanco Animal Health Inc	+5,830	38,725	$830,651
KMI	Kinder Morgan, Inc.	+4,630	150,762	$2,287,059
MRK	Merck & Co., Inc.	+3,175	129,167	$9,531,000
SWKS	Skyworks Solutions, Inc.	+2,665	18,395	$2,351,984
FDX	Fedex Corp	+2,395	19,823	$2,239,790
IBM	International Business Machines Corp	+2,150	29,922	$3,454,761
SLB	Slb Limited/Nv	+1,765	19,457	$357,814
LOW	Lowes Companies Inc	+1,708	36,540	$4,937,284
FSLR	First Solar, Inc.	+1,375	20,564	$1,017,918
VZ	Verizon Communications Inc	+1,355	40,139	$2,212,863
PFE	Pfizer Inc	+1,211	15,620	$484,605
INTC	Intel Corp	+785	90,618	$5,421,674
UVSP	UNIVEST FINANCIAL Corp	+490	14,909	$240,631
QCOM	Qualcomm Inc/De	+475	61,465	$5,606,222
QRVO	Qorvo, Inc.	+430	6,530	$721,760
V	Visa Inc.	+400	2,388	$461,289
XOM	Exxon Mobil Corp	+400	17,792	$795,658
MDT	Medtronic plc	+365	19,798	$1,815,476
SPY	Spdr S&P 500 ETF Trust	+269	28,362	$8,745,706
JPM	Jpmorgan Chase & Co	+205	63,740	$5,995,384
TT	Trane Technologies plc	+151	7,188	$639,588
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
DXC	DXC Technology Co	−118,880	72,232	$1,191,828
WFC	Wells Fargo & Company/Mn	−71,875	20,460	$523,776
HBAN	Huntington Bancshares Inc /Md/	−36,468	223,305	$2,018,677
C	Citigroup Inc	−35,466	88,911	$4,543,352
CFG	Citizens Financial Group Inc/Ri	−27,115	225,889	$5,701,438
HBNC	Horizon Bancorp Inc /In/	−13,112	141,894	$1,516,846
PRU	Prudential Financial Inc	−10,009	36,166	$2,202,509
PSX	Phillips 66	−8,024	44,280	$3,183,732
MSFT	Microsoft Corp	−6,097	54,413	$11,073,589
PNC	Pnc Financial Services Group, Inc.	−5,036	19,965	$2,100,517
MSM	Msc Industrial Direct Co Inc	−4,965	26,415	$1,923,276
LNC	Lincoln National Corp	−4,627	146,553	$5,391,684
CVS	CVS HEALTH Corp	−3,635	100,243	$6,512,787
PKG	Packaging Corp Of America	−3,080	28,279	$2,822,244
NXPI	NXP Semiconductors N.V.	−2,735	18,210	$2,076,668
BMY	Bristol Myers Squibb Co	−2,420	91,479	$5,378,965
ARES	Ares Management Corp	−2,260	40,652	$1,613,884
AAPL	Apple Inc.	−2,190	17,642	$1,608,950
USB	US Bancorp De	−2,185	20,835	$767,144
AIG	American International Group, Inc.	−1,945	24,029	$749,224
GS	Goldman Sachs Group Inc	−1,910	13,010	$2,571,036
AVY	Avery Dennison Corp	−1,780	54,828	$6,255,326
SU	Suncor Energy Inc	−1,750	11,476	$193,485
META	Meta Platforms, Inc.	−1,725	13,904	$3,157,181
PYPL	PayPal Holdings, Inc.	−1,589	1,406	$244,967
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
HAS	Hasbro, Inc.	66,191	$4,961,015
GD	General Dynamics Corp	18,102	$2,705,524
NEM	NEWMONT Corp /DE/	27,867	$1,720,508
BAC	Bank Of America Corp /De/	13,123	$311,671
DLTR	Dollar Tree, Inc.	2,500	$231,700
THG	Hanover Insurance Group, Inc.	2,199	$222,824
RTX	RTX Corp	3,592	$221,339
ORCL	Oracle Corp	3,910	$216,105
YUMC	Yum China Holdings, Inc.	4,460	$214,392
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
OVV	Ovintiv Inc.	301,111	$812,999
TM	Toyota Motor Corp/	4,050	$485,797
VEEV	Veeva Systems Inc	1,980	$309,612
MPT	Medical Properties Trust Inc	17,191	$297,232
AON	Aon plc	1,345	$221,978
HAL	Halliburton Co	11,490	$78,706
SHOP	Shopify Inc.	490	$20,429
CMG	Chipotle Mexican Grill Inc	340	$4,449
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

127 positions · $274,475,150 total · as of Jun 30, 2020

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

Showing 1–50 of 127 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Reduced	54,413	-6,097	$11,073,589	+16.0%	4.03%
JNJ	Johnson & Johnson Healthcare	Reduced	75,847	-1,513	$10,666,363	+5.1%	3.89%
MRK	Merck & Co., Inc. Healthcare	Added	129,167	+3,175	$9,531,000	+3.0%	3.47%
SPY	Spdr S&P 500 ETF Trust	Added	28,362	+269	$8,745,706	+20.8%	3.19%
ABBV	AbbVie Inc. Healthcare	Reduced	79,829	-1,502	$7,837,611	+26.5%	2.86%
NVS	Novartis AG Healthcare	Added	75,664	+8,973	$6,608,493	+20.2%	2.41%
CVS	CVS HEALTH Corp Healthcare	Reduced	100,243	-3,635	$6,512,787	+5.7%	2.37%
AVY	Avery Dennison Corp Consumer Cyclical	Reduced	54,828	-1,780	$6,255,326	+8.5%	2.28%
JPM	Jpmorgan Chase & Co Financial Services	Added	63,740	+205	$5,995,384	+4.8%	2.18%
CFG	Citizens Financial Group Inc/Ri Financial Services	Reduced	225,889	-27,115	$5,701,438	+19.8%	2.08%
EG	Everest Group, Ltd. Financial Services	Added	27,439	+5,939	$5,657,921	+36.8%	2.06%
QCOM	Qualcomm Inc/De Technology	Added	61,465	+475	$5,606,222	+35.9%	2.04%
INTC	Intel Corp Technology	Added	90,618	+785	$5,421,674	+11.5%	1.98%
LNC	Lincoln National Corp Financial Services	Reduced	146,553	-4,627	$5,391,684	+35.5%	1.96%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	91,479	-2,420	$5,378,965	+2.8%	1.96%
CSCO	Cisco Systems, Inc. Technology	Added	110,251	+11,265	$5,142,106	+32.1%	1.87%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	Added	47,433	+75	$5,092,881	+24.4%	1.86%
ZTS	Zoetis Inc. Healthcare	Reduced	36,770	-1,128	$5,038,960	+13.0%	1.84%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	13,896	-360	$5,035,076	+24.5%	1.83%
HAS	Hasbro, Inc. Consumer Cyclical	NEW	66,191	NEW	$4,961,015	NEW	1.81%
LOW	Lowes Companies Inc Consumer Cyclical	Added	36,540	+1,708	$4,937,284	+64.7%	1.80%
ABT	Abbott Laboratories Healthcare	Reduced	51,490	-715	$4,707,730	+14.3%	1.72%
C	Citigroup Inc Financial Services	Reduced	88,911	-35,466	$4,543,352	−13.3%	1.66%
WTW	Willis Towers Watson PLC Financial Services	Reduced	22,308	-320	$4,393,560	+14.3%	1.60%
TXN	Texas Instruments Inc Technology	Held	33,126	0	$4,206,008	+27.1%	1.53%
MMM	3M Co Industrials	Added	28,729	+85	$3,747,020	+14.6%	1.37%
DEO	Diageo PLC Consumer Defensive	Reduced	25,815	-1,475	$3,469,277	+0.0%	1.26%
VRSK	Verisk Analytics, Inc. Industrials	Reduced	20,361	-363	$3,465,442	+20.0%	1.26%
IBM	International Business Machines Corp Technology	Added	29,922	+2,150	$3,454,761	+17.3%	1.26%
T	At&T Inc. Communication Services	Added	146,089	+53,965	$3,335,547	+64.5%	1.22%
PSX	Phillips 66 Energy	Reduced	44,280	-8,024	$3,183,732	+13.5%	1.16%
META	Meta Platforms, Inc. Communication Services	Reduced	13,904	-1,725	$3,157,181	+21.1%	1.15%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Reduced	14,043	-1,125	$3,029,075	+2.7%	1.10%
KMB	Kimberly Clark Corp Consumer Defensive	Reduced	20,321	-425	$2,872,373	+8.3%	1.05%
PKG	Packaging Corp Of America Consumer Cyclical	Reduced	28,279	-3,080	$2,822,244	+3.6%	1.03%
GD	General Dynamics Corp Industrials	NEW	18,102	NEW	$2,705,524	NEW	0.99%
GS	Goldman Sachs Group Inc Financial Services	Reduced	13,010	-1,910	$2,571,036	+11.5%	0.94%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	33,866	-839	$2,481,023	+7.7%	0.90%
HD	Home Depot, Inc. Consumer Cyclical	Held	9,664	0	$2,420,928	+34.2%	0.88%
SWKS	Skyworks Solutions, Inc. Technology	Added	18,395	+2,665	$2,351,984	+67.3%	0.86%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	7,548	-45	$2,288,629	+5.7%	0.83%
KMI	Kinder Morgan, Inc. Energy	Added	150,762	+4,630	$2,287,059	+12.4%	0.83%
FDX	Fedex Corp Industrials	Added	19,823	+2,395	$2,239,790	+31.5%	0.82%
VZ	Verizon Communications Inc Communication Services	Added	40,139	+1,355	$2,212,863	+6.2%	0.81%
DIS	Walt Disney Co Communication Services	Reduced	19,781	-367	$2,205,779	+13.3%	0.80%
PRU	Prudential Financial Inc Financial Services	Reduced	36,166	-10,009	$2,202,509	−8.5%	0.80%
AXP	American Express Co Financial Services	Reduced	22,764	-1,265	$2,167,132	+5.3%	0.79%
PNC	Pnc Financial Services Group, Inc. Financial Services	Reduced	19,965	-5,036	$2,100,517	−12.2%	0.77%
NXPI	NXP Semiconductors N.V. Technology	Reduced	18,210	-2,735	$2,076,668	+19.6%	0.76%
KMX	Carmax Inc Consumer Cyclical	Reduced	23,027	-1,575	$2,062,067	+55.7%	0.75%