PFS INVESTMENTS INC.

CIK

354497

Location

DULUTH, GA

Portfolio Value

Mid $2,532,677,989

Diversification

Diversified

Filing Date

Global Rank

#774 / 6,897 ▲ 11

Top Industry

Drug Manufacturers - General 9.5%

3Y Alpha vs SPY

-2.0%

Period ended 2 years ago

Filed Aug 14, 2023 · 2y

14 quarters · since Mar 2020

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

+67.7%

SPY

+76.3%

Annualised alpha

-2.0%

Max drawdown

−15.1%

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

350 positions · as of Jun 30, 2023 · Δ vs Mar 31, 2023

Top Position

4.1%

−0.5 pts

Top 5

14.4%

−1.0 pts

Top 10

24.3%

−2.0 pts

HHI

127

Diversified−9

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2023

Sector	% Portfolio	Value	Positions
Healthcare	17.4%	$440,059,133	53
Technology	17.2%	$436,799,917	69
Financial Services	12.6%	$318,579,500	38
Industrials	10.6%	$269,441,967	45
Energy	8.3%	$211,441,162	20
Consumer Cyclical	7.2%	$182,010,453	47
Consumer Defensive	7.0%	$177,575,374	25
Communication Services	6.9%	$173,766,208	14
Unclassified	5.1%	$128,942,619	4
Utilities	3.1%	$79,032,984	8
Basic Materials	3.0%	$76,932,065	15
Real Estate	1.5%	$38,096,607	12

Last Quarter's Activity

Export CSV

Jun 30, 2023 vs Mar 31, 2023

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
T	At&T Inc.	+500,094	2,903,250	$46,306,837
MTB	M&T Bank Corp	+226,391	314,323	$38,900,614
EMR	Emerson Electric Co	+174,027	450,921	$40,758,749
MLCO	Melco Resorts & Entertainment LTD	+166,014	317,632	$3,878,286
COF	Capital One Financial Corp	+155,210	308,571	$33,748,410
ONON	On Holding AG	+150,813	278,426	$9,188,058
GPK	Graphic Packaging Holding Co	+148,966	295,548	$7,102,018
HLN	Haleon plc	+137,467	595,205	$4,987,817
BSX	Boston Scientific Corp	+76,160	221,401	$11,975,580
ENB	Enbridge Inc	+76,046	1,420,970	$52,789,035
BRBR	Bellring Brands, Inc.	+64,002	73,531	$2,691,234
WMB	Williams Companies, Inc.	+54,013	409,100	$13,348,933
LVS	Las Vegas Sands Corp	+51,670	142,004	$8,236,232
CMCSA	Comcast Corp	+45,853	1,903,442	$74,121,934
AES	Aes Corp	+43,163	282,806	$5,862,568
MO	Altria Group, Inc.	+42,837	973,449	$44,097,239
CVS	CVS HEALTH Corp	+40,924	609,582	$42,140,403
BMY	Bristol Myers Squibb Co	+38,938	819,878	$52,431,198
WBS	Webster Financial Corp	+38,772	137,326	$5,184,056
CSCO	Cisco Systems, Inc.	+37,267	1,384,382	$71,627,924
AMZN	Amazon Com Inc	+35,956	196,976	$25,677,791
GLW	Corning Inc /Ny	+35,105	885,248	$31,019,089
TSN	Tyson Foods, Inc.	+34,134	571,013	$29,144,503
BAC	Bank Of America Corp /De/	+34,106	841,339	$24,138,015
GILD	Gilead Sciences, Inc.	+28,124	632,028	$48,710,397
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
MDLZ	Mondelez International, Inc.	−81,099	151,129	$11,023,349
QQQ	Invesco Qqq Trust, Series 1	−53,949	281,931	$104,150,950
MPC	Marathon Petroleum Corp	−48,283	42,672	$4,975,555
GLDM	World Gold Trust	−32,367	430,206	$16,386,546
AVGO	Broadcom Inc.	−30,375	80,531	$6,985,500
CDW	CDW Corp	−27,877	1,384	$253,964
ACM	Aecom	−20,604	84,581	$7,163,164
AVY	Avery Dennison Corp	−19,507	9,558	$1,642,064
LNG	Cheniere Energy, Inc.	−17,446	73,902	$11,259,708
TPR	Tapestry, Inc.	−17,015	127,605	$5,461,494
ORCL	Oracle Corp	−12,529	68,112	$8,111,458
FISV	Fiserv Inc	−11,915	56,016	$7,066,418
STX	Seagate Technology Holdings plc	−11,614	49,779	$3,079,826
GOOGL	Alphabet Inc.	−10,276	148,175	$17,736,547
GIS	General Mills Inc	−9,207	56,725	$4,350,807
ULTA	Ulta Beauty, Inc.	−7,856	12,036	$5,664,141
VZ	Verizon Communications Inc	−7,723	129,015	$4,798,067
ALB	Albemarle Corp	−5,700	15,890	$3,544,900
SAP	Sap SE	−4,828	53,002	$7,251,203
MSFT	Microsoft Corp	−3,893	135,363	$46,096,516
VRT	Vertiv Holdings Co	−3,879	129,981	$3,219,629
APG	APi Group Corp	−3,682	9,199	$167,176
CDNS	Cadence Design Systems Inc	−3,448	37,613	$8,821,000
PG	PROCTER & GAMBLE Co	−3,208	55,096	$8,360,267
NVDA	Nvidia Corp	−2,837	22,354	$945,618
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
APO	Apollo Global Management, Inc.	178,616	$13,719,494
FTNT	Fortinet, Inc.	104,519	$7,900,591
SYY	Sysco Corp	53,627	$3,979,123
WAT	Waters Corp /De/	11,732	$3,127,047
PSA	Public Storage	9,954	$2,905,373
STAG	STAG Industrial, Inc.	78,778	$2,826,554
ACLS	Axcelis Technologies Inc	14,237	$2,610,069
PINS	Pinterest, Inc.	82,751	$2,262,412
GTLB	Gitlab Inc.	9,563	$488,764
RAMP	LiveRamp Holdings, Inc.	10,355	$295,738
DASH	DoorDash, Inc.	3,358	$256,618
LULU	lululemon athletica inc.	617	$233,534
C	Citigroup Inc	4,927	$226,839
CASY	Caseys General Stores Inc	928	$226,320
ZBH	Zimmer Biomet Holdings, Inc.	1,543	$224,660
PTLO	Portillo's Inc.	9,935	$223,835
BKNG	Booking Holdings Inc.	82	$221,427
FDX	Fedex Corp	891	$220,878
ATS	ATS Corp /ATS	4,745	$218,697
INSM	INSMED Inc	10,216	$215,557
BSY	Bentley Systems Inc	3,746	$203,145
GPC	Genuine Parts Co	1,189	$201,214
REZI	Resideo Technologies, Inc.	10,185	$179,867
SONO	Sonos Inc	10,058	$164,247
PEB	Pebblebrook Hotel Trust	10,170	$141,769
No positions match the current search.

Sold Out

Positions the filer fully exited

21 positions

Ticker	Company	Shares	Value
OMC	Omnicom Group Inc.	259,275	$24,460,003
TFC	Truist Financial Corp	142,045	$4,843,734
BBY	Best Buy Co Inc	56,290	$4,405,818
FSLR	First Solar, Inc.	17,813	$3,874,327
HALO	Halozyme Therapeutics, Inc.	96,560	$3,687,626
HUM	Humana Inc	6,309	$3,062,767
HRI	Herc Holdings Inc	25,924	$2,952,743
MXL	Maxlinear, Inc	70,658	$2,487,868
ENPH	Enphase Energy, Inc.	10,171	$2,138,757
GD	General Dynamics Corp	8,389	$1,914,453
PKG	Packaging Corp Of America	12,566	$1,744,537
MP	MP Materials Corp. / DE	61,153	$1,723,903
SKIN	SkinHealth Systems Inc.	127,809	$1,614,227
CCRN	Cross Country Healthcare Inc	40,470	$903,290
LYFT	Lyft, Inc.	74,848	$693,840
QCOM	Qualcomm Inc/De	2,100	$267,918
AMCX	AMC Global Media Inc.	13,854	$243,553
DHR	Danaher Corp /De/	975	$217,853
REGN	Regeneron Pharmaceuticals, Inc.	253	$207,882
AXON	Axon Enterprise, Inc.	913	$205,288
MQ	Marqeta, Inc.	16,558	$75,670
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

350 positions · $2,532,677,989 total · as of Jun 30, 2023

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

Showing 1–50 of 350 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
QQQ	Invesco Qqq Trust, Series 1	Reduced	281,931	-53,949	$104,150,950	−3.4%	4.11%
CMCSA	Comcast Corp Communication Services	Added	1,903,442	+45,853	$74,121,934	+12.3%	2.93%
CSCO	Cisco Systems, Inc. Technology	Added	1,384,382	+37,267	$71,627,924	+1.7%	2.83%
JPM	Jpmorgan Chase & Co Financial Services	Added	417,575	+21,056	$60,732,108	+17.5%	2.40%
UPS	United Parcel Service Inc Industrials	Added	299,718	+6,542	$53,724,451	−5.5%	2.12%
ENB	Enbridge Inc Energy	Added	1,420,970	+76,046	$52,789,035	+2.9%	2.08%
BMY	Bristol Myers Squibb Co Healthcare	Added	819,878	+38,938	$52,431,198	−3.1%	2.07%
ABBV	AbbVie Inc. Healthcare	Added	369,535	+16,371	$49,787,450	−11.5%	1.97%
GILD	Gilead Sciences, Inc. Healthcare	Added	632,028	+28,124	$48,710,397	−2.8%	1.92%
CVX	Chevron Corp Energy	Added	307,245	+16,362	$48,345,000	+1.9%	1.91%
IBM	International Business Machines Corp Technology	Added	350,045	+16,304	$46,839,521	+7.1%	1.85%
T	At&T Inc. Communication Services	Added	2,903,250	+500,094	$46,306,837	+0.1%	1.83%
MSFT	Microsoft Corp Technology	Reduced	135,363	-3,893	$46,096,516	+14.8%	1.82%
JNJ	Johnson & Johnson Healthcare	Added	275,788	+12,745	$45,648,429	+12.0%	1.80%
AAPL	Apple Inc. Technology	Added	233,997	+5,856	$45,388,398	+20.6%	1.79%
HD	Home Depot, Inc. Consumer Cyclical	Added	145,071	+6,012	$45,064,855	+9.8%	1.78%
MO	Altria Group, Inc. Consumer Defensive	Added	973,449	+42,837	$44,097,239	+6.2%	1.74%
PSX	Phillips 66 Energy	Added	451,146	+26,513	$43,030,305	−0.0%	1.70%
CVS	CVS HEALTH Corp Healthcare	Added	609,582	+40,924	$42,140,403	−0.3%	1.66%
LMT	Lockheed Martin Corp Industrials	Added	89,195	+4,239	$41,063,594	+2.2%	1.62%
EMR	Emerson Electric Co Industrials	Added	450,921	+174,027	$40,758,749	+68.9%	1.61%
MTB	M&T Bank Corp Financial Services	Added	314,323	+226,391	$38,900,614	+270.0%	1.54%
MDT	Medtronic plc Healthcare	Added	395,643	+16,000	$34,856,148	+13.9%	1.38%
COF	Capital One Financial Corp Financial Services	Added	308,571	+155,210	$33,748,410	+128.8%	1.33%
TRV	Travelers Companies, Inc. Financial Services	Added	187,300	+9,398	$32,526,518	+6.7%	1.28%
GLW	Corning Inc /Ny Technology	Added	885,248	+35,105	$31,019,089	+3.4%	1.22%
EVRG	Evergy, Inc. Utilities	Added	517,887	+26,331	$30,254,958	+0.7%	1.19%
PM	Philip Morris International Inc. Consumer Defensive	Added	309,114	+14,092	$30,175,708	+5.2%	1.19%
TSN	Tyson Foods, Inc. Consumer Defensive	Added	571,013	+34,134	$29,144,503	−8.5%	1.15%
UNH	Unitedhealth Group Inc Healthcare	Added	60,118	+3,231	$28,895,115	+7.5%	1.14%
AMZN	Amazon Com Inc Consumer Cyclical	Added	196,976	+35,956	$25,677,791	+54.4%	1.01%
BAC	Bank Of America Corp /De/ Financial Services	Added	841,339	+34,106	$24,138,015	+4.6%	0.95%
SRE	Sempra Utilities	Added	329,062	+21,710	$23,954,068	+3.1%	0.95%
V	Visa Inc. Financial Services	Reduced	83,391	-2,671	$19,803,694	+2.1%	0.78%
LIN	Linde PLC Basic Materials	Added	46,949	+3,206	$17,891,324	+15.1%	0.71%
GOOGL	Alphabet Inc. Communication Services	Reduced	148,175	-10,276	$17,736,547	+7.9%	0.70%
RTX	RTX Corp Industrials	Added	173,771	+9,317	$17,022,607	+5.7%	0.67%
DOW	Dow Inc. Basic Materials	Added	312,074	+15,153	$16,621,061	+2.1%	0.66%
GLDM	World Gold Trust	Reduced	430,206	-32,367	$16,386,546	−9.4%	0.65%
VRTX	Vertex Pharmaceuticals Inc / Ma Healthcare	Added	43,011	+150	$15,136,001	+12.1%	0.60%
APO	Apollo Global Management, Inc. Financial Services	NEW	178,616	NEW	$13,719,494	NEW	0.54%
WMB	Williams Companies, Inc. Energy	Added	409,100	+54,013	$13,348,933	+25.9%	0.53%
LPLA	LPL Financial Holdings Inc. Financial Services	Added	58,632	+6,273	$12,748,355	+20.3%	0.50%
BSX	Boston Scientific Corp Healthcare	Added	221,401	+76,160	$11,975,580	+64.8%	0.47%
HUBS	Hubspot Inc Technology	Added	22,092	+6,177	$11,754,932	+72.3%	0.46%
LNG	Cheniere Energy, Inc. Energy	Reduced	73,902	-17,446	$11,259,708	−21.8%	0.44%
GWW	W.W. Grainger, Inc. Industrials	Reduced	14,274	-663	$11,256,333	+9.4%	0.44%
MDLZ	Mondelez International, Inc. Consumer Defensive	Reduced	151,129	-81,099	$11,023,349	−31.9%	0.44%
MRK	Merck & Co., Inc. Healthcare	Added	93,566	+4,682	$10,796,580	+14.2%	0.43%
ALGM	Allegro Microsystems, Inc. Technology	Added	233,791	+14,692	$10,553,325	+0.4%	0.42%