FLIPPIN BRUCE & PORTER INC

CIK

810716

Location

LYNCHBURG, VA

Portfolio Value

Small $517,601,405

Diversification

Diversified

Filing Date

Global Rank

#2,414 / 6,038 ▲ 8 · as of Mar 2021

Top Industry

Drug Manufacturers - General 9.5%

Period ended 5 years ago

Filed May 4, 2021 · 5y

5 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 Mar 31, 2021, never from the firm's own description.

Style

Diversified active

Top 10 weight 30.2%, 49.6 effective positions, active share 79.6% against the S&P 500 as of 2021-03-31; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

20.5% over the last four quarters (under 30%)

Horizon

Horizon unknown

The value-weighted holding period is at least 4.8 quarters, but 90.1% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2021-03-31, active share 79.6%; sector active share 39.0% against the combined 13F book's sector weights.

Over time 5 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.

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Portfolio Concentration

76 tracked positions · as of Mar 31, 2021 · Δ vs Dec 31, 2020

Top Position

4.3%

−0.2 pts

Top 5

16.9%

−0.7 pts

Top 10

30.2%

−1.3 pts

HHI

202

Diversified−13

Portfolio Trend

5 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2021

Sector	% Portfolio	Value	Positions
Financial Services	22.2%	$114,904,368	14
Technology	16.8%	$87,040,481	8
Healthcare	13.0%	$67,054,308	6
Consumer Defensive	8.9%	$45,996,603	11
Industrials	8.4%	$43,390,498	11
Basic Materials	7.0%	$36,134,198	5
Energy	6.0%	$31,107,372	5
Consumer Cyclical	6.0%	$31,040,836	6
Real Estate	4.2%	$21,996,865	3
Communication Services	3.4%	$17,740,592	3
Utilities	2.9%	$15,124,284	2
Unclassified	1.2%	$6,071,000	2

Last Quarter's Activity

Export CSV

Mar 31, 2021 vs Dec 31, 2020

Added To

Positions the filer increased

10 positions

Ticker	Company	Δ Shares	Shares	Value
VZ	Verizon Communications Inc	+120,655	127,965	$7,441,164
MDLZ	Mondelez International, Inc.	+117,675	123,557	$7,231,791
BNY	Bank of New York Mellon Corp	+99,297	142,733	$6,749,843
—		+25,808	205,052	$0
WFC	Wells Fargo & Company	+5,546	259,256	$10,129,131
XOM	ExxonMobil Holdings Corp	+4,919	138,876	$7,753,447
NFG	National Fuel Gas Co	+462	92,977	$4,647,920
AAPL	Apple Inc.	+226	29,884	$3,650,330
IBM	International Business Machines Corp	+167	111,359	$14,839,698
MDT	Medtronic plc	+25	33,940	$4,009,332
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
DVN	Devon Energy Corp	−476,124	84,417	$1,844,511
TPR	Tapestry, Inc.	−152,077	257,810	$10,624,350
HPQ	Hp Inc	−125,595	449,292	$14,265,021
ADM	Archer-Daniels-Midland Co	−94,037	132,292	$7,540,644
ETN	Eaton Corp plc	−79,610	22,672	$3,135,084
KSS	KOHLS Corp	−76,407	131,836	$7,858,743
EMR	Emerson Electric Co	−41,659	65,388	$5,899,305
GE	General Electric Co	−28,550	80,809	$1,061,022
JPM	Jpmorgan Chase & Co	−28,537	123,188	$18,752,909
KEY	Keycorp	−11,011	541,790	$10,824,964
USB	US Bancorp De	−4,725	218,086	$12,062,336
TFC	Truist Financial Corp	−4,112	194,481	$11,342,131
CSCO	Cisco Systems, Inc.	−3,901	292,643	$15,132,569
CCL	Carnival Corp Ltd.	−3,504	31,312	$831,020
BAC	Bank Of America Corp	−3,370	147,104	$5,691,453
VTR	Ventas, Inc.	−3,306	142,192	$7,584,521
NUE	Nucor Corp	−3,299	208,137	$16,707,156
CVS	CVS HEALTH Corp	−3,259	188,994	$14,218,018
DOW	Dow Inc.	−2,844	177,188	$11,329,400
MRK	Merck & Co., Inc.	−2,752	170,844	$13,170,371
MET	Metlife Inc	−2,669	180,202	$10,954,479
RTX	RTX Corp	−2,340	157,688	$12,184,551
GPC	Genuine Parts Co	−2,274	78,350	$9,056,476
SPG	Simon Property Group Inc.	−2,224	82,583	$9,395,467
PM	Philip Morris International Inc.	−2,097	106,255	$9,429,068
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
FHN	First Horizon Corp	285,010	$4,819,519
LMT	Lockheed Martin Corp	12,686	$4,687,477
LUMN	Lumen Technologies, Inc.	79,227	$1,057,680
IR	Ingersoll Rand Inc.	4,234	$208,355
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
NOK	Nokia Corp	368,685	$1,441,558
CTL	Lumen Technologies, Inc.	79,532	$775,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

76 tracked positions · $517,601,405 total · filing declares 79 positions · $553,180,000 · as of Mar 31, 2021

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

Showing 1–50 of 76 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AVGO	Broadcom Inc. Technology	Reduced	48,023	-996	$22,266,344	+3.7%	5+	before history	4.30%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	123,188	-28,537	$18,752,909	−2.7%	5+	before history	3.62%
NUE	Nucor Corp Basic Materials	Reduced	208,137	-3,299	$16,707,156	+48.6%	5+	before history	3.23%
CSCO	Cisco Systems, Inc. Technology	Reduced	292,643	-3,901	$15,132,569	+14.0%	5+	before history	2.92%
IBM	International Business Machines Corp Technology	Added	111,359	+167	$14,839,698	+6.0%	5+	before history	2.87%
JNJ	Johnson & Johnson Healthcare	Reduced	89,577	-657	$14,721,979	+3.7%	5+	before history	2.84%
HPQ	Hp Inc Technology	Reduced	449,292	-125,595	$14,265,021	+0.9%	5+	before history	2.76%
CVS	CVS HEALTH Corp Healthcare	Reduced	188,994	-3,259	$14,218,018	+8.3%	5+	before history	2.75%
MRK	Merck & Co., Inc. Healthcare	Reduced	170,844	-2,752	$13,170,371	−7.3%	5+	before history	2.54%
RTX	RTX Corp Industrials	Reduced	157,688	-2,340	$12,184,551	+6.5%	4	unpriced	2.35%
USB	US Bancorp De Financial Services	Reduced	218,086	-4,725	$12,062,336	+16.2%	5+	before history	2.33%
TFC	Truist Financial Corp Financial Services	Reduced	194,481	-4,112	$11,342,131	+19.2%	5+	before history	2.19%
DOW	Dow Inc. Basic Materials	Reduced	177,188	-2,844	$11,329,400	+13.4%	5+	before history	2.19%
PFE	Pfizer Inc Healthcare	Reduced	310,306	-1,725	$11,242,386	−2.1%	5+	before history	2.17%
MET	Metlife Inc Financial Services	Reduced	180,202	-2,669	$10,954,479	+27.6%	5+	before history	2.12%
KEY	Keycorp Financial Services	Reduced	541,790	-11,011	$10,824,964	+19.3%	5+	before history	2.09%
TPR	Tapestry, Inc. Consumer Cyclical	Reduced	257,810	-152,077	$10,624,350	−16.6%	5+	before history	2.05%
DUK	Duke Energy CORP Utilities	Reduced	106,738	-948	$10,303,419	+4.5%	4	$83.71	1.99%
WFC	Wells Fargo & Company Financial Services	Added	259,256	+5,546	$10,129,131	+32.3%	5+	before history	1.96%
UPS	United Parcel Service Inc Industrials	Reduced	58,990	-1,718	$10,027,710	−1.9%	5+	before history	1.94%
LNC	Lincoln National Corp Financial Services	Reduced	160,697	-2,052	$10,006,602	+22.2%	5+	before history	1.93%
SJM	J M SMUCKER Co Consumer Defensive	Reduced	78,631	-989	$9,949,180	+8.1%	5+	before history	1.92%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	153,528	-1,379	$9,692,222	+0.9%	5+	before history	1.87%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	106,255	-2,097	$9,429,068	+5.1%	5+	before history	1.82%
SPG	Simon Property Group Inc. Real Estate	Reduced	82,583	-2,224	$9,395,467	+29.9%	5+	before history	1.82%
T	At&T Inc. Communication Services	Reduced	305,311	-1,877	$9,241,748	+4.6%	5+	before history	1.79%
GPC	Genuine Parts Co Consumer Cyclical	Reduced	78,350	-2,274	$9,056,476	+11.8%	5+	before history	1.75%
INTC	Intel Corp Technology	Reduced	135,836	-931	$8,693,504	+27.6%	5+	before history	1.68%
CVX	Chevron Corp Energy	Reduced	82,744	-1,130	$8,670,743	+22.4%	5+	before history	1.68%
COP	Conocophillips Energy	Reduced	154,630	-1,817	$8,190,751	+30.9%	5+	before history	1.58%
KSS	KOHLS Corp Consumer Cyclical	Reduced	131,836	-76,407	$7,858,743	−7.3%	5+	before history	1.52%
XOM	ExxonMobil Holdings Corp Energy	Added	138,876	+4,919	$7,753,447	+40.4%	5+	before history	1.50%
VTR	Ventas, Inc. Real Estate	Reduced	142,192	-3,306	$7,584,521	+6.3%	5+	before history	1.47%
ADM	Archer-Daniels-Midland Co Consumer Defensive	Reduced	132,292	-94,037	$7,540,644	−33.9%	5+	before history	1.46%
VZ	Verizon Communications Inc Communication Services	Added	127,965	+120,655	$7,441,164	+1632.7%	5+	before history	1.44%
MDLZ	Mondelez International, Inc. Consumer Defensive	Added	123,557	+117,675	$7,231,791	+2002.8%	5+	before history	1.40%
PRU	Prudential Financial Inc Financial Services	Reduced	77,763	-493	$7,084,209	+16.0%	5+	before history	1.37%
BNY	Bank of New York Mellon Corp Financial Services	Added	142,733	+99,297	$6,749,843	+266.2%	5+	before history	1.30%
		Reduced	339,216	-1,215	$6,071,000	+37.9%	5+	before history	1.17%
EMR	Emerson Electric Co Industrials	Reduced	65,388	-41,659	$5,899,305	−31.4%	5+	before history	1.14%
BAC	Bank Of America Corp Financial Services	Reduced	147,104	-3,370	$5,691,453	+24.8%	5+	before history	1.10%
CMP	Compass Minerals International Inc Basic Materials	Reduced	83,839	-406	$5,258,382	+1.1%	5+	before history	1.02%
PSA	Public Storage Real Estate	Reduced	20,331	-187	$5,016,877	+5.9%	5+	before history	0.97%
PPL	PPL Corp Utilities	Reduced	167,159	-790	$4,820,865	+1.8%	5+	before history	0.93%
FHN	First Horizon Corp Financial Services	NEW	285,010	NEW	$4,819,519	NEW	1	$15.82	0.93%
LMT	Lockheed Martin Corp Industrials	NEW	12,686	NEW	$4,687,477	NEW	1	$343.08	0.91%
NFG	National Fuel Gas Co Energy	Added	92,977	+462	$4,647,920	+22.1%	2	$41.64	0.90%
TSN	Tyson Foods, Inc. Consumer Defensive	Reduced	60,828	-675	$4,519,520	+14.0%	4	$60.61	0.87%
DOX	Amdocs Ltd Technology	Reduced	61,586	-860	$4,320,257	−2.5%	3	$59.77	0.83%
MDT	Medtronic plc Healthcare	Added	33,940	+25	$4,009,332	+0.9%	2	$110.09	0.77%

Showing the top 50 of 76 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.