Bruderman Asset Management 13F annual report
Bruderman Asset Management is an investment fund managing more than $55.7 million ran by Andrew Klick. There are currently 63 companies in Mr. Klick’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $5.83 million.
$55.7 million Assets Under Management (AUM)
As of 8th August 2022, Bruderman Asset Management’s top holding is 12,592 shares of Microsoft currently worth over $3.23 million and making up 5.8% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Bruderman Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 18,950 shares of Apple Inc worth $2.59 million, whose value fell 0.4% in the past six months.
The third-largest holding is NextEra Inc worth $2.12 million and the next is Costco Whsl Corp New worth $2.1 million, with 4,378 shares owned.
Currently, Bruderman Asset Management's portfolio is worth at least $55.7 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Bruderman Asset Management
The Bruderman Asset Management office and employees reside in Locust Valley, New York. According to the last 13-F report filed with the SEC, Andrew Klick serves as the Chief Compliance Officer at Bruderman Asset Management.
Recent trades
In the most recent 13F filing, Bruderman Asset Management revealed that it had opened a new position in
Coca-Cola Co and bought 3,303 shares worth $208 thousand.
This means they effectively own approximately 0.1% of the company.
Coca-Cola Co makes up
16.1%
of the fund's Consumer Staples sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Microsoft by buying
553 additional shares.
This makes their stake in Microsoft total 12,592 shares worth $3.23 million.
Microsoft dropped approximately 0.1% in the past year.
On the other hand, there are companies that Bruderman Asset Management is getting rid of from its portfolio.
Bruderman Asset Management closed its position in NVIDIA Corp on 15th August 2022.
It sold the previously owned 1,129 shares for $309 thousand.
Andrew Klick also disclosed a decreased stake in NextEra Inc by approximately 0.1%.
This leaves the value of the investment at $2.12 million and 27,427 shares.
One of the smallest hedge funds
The two most similar investment funds to Bruderman Asset Management are Ifp Advisors, Inc and Alphadyne Asset Management L.P.. They manage $55.7 million and $55.8 million respectively.
Andrew Klick investment strategy
Bruderman Asset Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 14.2% of
the total portfolio value.
The fund focuses on investments in the United States as
44.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
57% of the total holdings value.
On the other hand, small-cap stocks make up only 1.6% of the portfolio.
The average market cap of the portfolio companies is close to $214 billion.
The complete list of Bruderman Asset Management trades based on 13F SEC filings
These positions were updated on August 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
4.59%
12,592
|
$3,234,000 | 5.80% |
| Apple Inc |
7.23%
18,950
|
$2,591,000 | 4.65% |
| NextEra Energy Inc |
2.73%
27,427
|
$2,124,000 | 3.81% |
| Costco Whsl Corp New |
3.29%
4,378
|
$2,098,000 | 3.76% |
| Duke Energy Corp. |
8.47%
17,753
|
$1,903,000 | 3.41% |
| Alphabet Inc |
0.37%
1,074
|
$2,343,000 | 4.20% |
| BCE Inc |
5.98%
34,173
|
$1,681,000 | 3.02% |
| Visa Inc |
3.13%
8,531
|
$1,680,000 | 3.01% |
| Abbvie Inc |
7.14%
10,842
|
$1,661,000 | 2.98% |
| Broadcom Inc. |
1.72%
3,315
|
$1,610,000 | 2.89% |
| Verizon Communications Inc |
7.75%
28,694
|
$1,456,000 | 2.61% |
| Telus Corp. |
4.81%
64,600
|
$1,436,000 | 2.58% |
| Amazon.com Inc. |
1,976.14%
12,270
|
$1,303,000 | 2.34% |
| Lockheed Martin Corp. |
4.80%
2,774
|
$1,193,000 | 2.14% |
| Zoetis Inc |
1.02%
6,723
|
$1,156,000 | 2.07% |
| Merck Co Inc |
5.38%
12,415
|
$1,132,000 | 2.03% |
| Procter And Gamble Co |
3.84%
7,808
|
$1,123,000 | 2.02% |
| Agilent Technologies Inc. |
4.11%
9,350
|
$1,110,000 | 1.99% |
| Eaton Corp Plc |
0.09%
8,673
|
$1,093,000 | 1.96% |
| Home Depot, Inc. |
0.44%
3,908
|
$1,072,000 | 1.92% |
| Mcdonalds Corp |
3.60%
4,054
|
$1,001,000 | 1.80% |
| Unitedhealth Group Inc |
20.49%
1,911
|
$982,000 | 1.76% |
| Dominion Energy Inc |
0.15%
11,771
|
$939,000 | 1.69% |
| Johnson Johnson |
1.58%
5,265
|
$935,000 | 1.68% |
| Pepsico Inc |
2.86%
5,540
|
$923,000 | 1.66% |
| Texas Instrs Inc |
5.88%
5,726
|
$880,000 | 1.58% |
| TotalEnergies SE |
6.99%
15,776
|
$830,000 | 1.49% |
| Adobe Systems Incorporated |
0.51%
2,167
|
$793,000 | 1.42% |
| Sanofi |
5.49%
15,651
|
$783,000 | 1.41% |
| WEC Energy Group Inc |
2.78%
7,766
|
$782,000 | 1.40% |
| Intercontinental Exchange In |
3.76%
7,998
|
$752,000 | 1.35% |
| Select Sector Spdr Tr |
3.36%
5,346
|
$686,000 | 1.23% |
| Lululemon Athletica inc. |
0.36%
2,492
|
$679,000 | 1.22% |
| Unilever plc |
3.97%
14,407
|
$660,000 | 1.18% |
| Sp Global Inc |
2.21%
1,944
|
$655,000 | 1.18% |
| Organon Co |
4.67%
17,570
|
$593,000 | 1.06% |
| Gilead Sciences, Inc. |
7.15%
9,366
|
$579,000 | 1.04% |
| Garmin Ltd |
6.49%
5,875
|
$577,000 | 1.04% |
| Intuitive Surgical Inc |
5.21%
2,809
|
$564,000 | 1.01% |
| Tjx Cos Inc New |
3.19%
9,631
|
$538,000 | 0.97% |
| V F Corp |
5.83%
11,385
|
$503,000 | 0.90% |
| International Business Machs |
3.82%
3,498
|
$494,000 | 0.89% |
| Air Prods Chems Inc |
3.45%
2,017
|
$485,000 | 0.87% |
| AMGEN Inc. |
0.41%
1,959
|
$477,000 | 0.86% |
| Blackstone Inc |
3.75%
5,132
|
$468,000 | 0.84% |
| Nutrien Ltd |
4.24%
5,738
|
$456,000 | 0.82% |
| West Pharmaceutical Svsc Inc |
3.25%
1,429
|
$432,000 | 0.78% |
| Monster Beverage Corp. |
1.31%
4,532
|
$420,000 | 0.75% |
| Firstenergy Corp. |
8.42%
10,787
|
$414,000 | 0.74% |
| Spdr Sp 500 Etf Tr |
9.43%
1,009
|
$381,000 | 0.68% |
| TE Connectivity Ltd |
23.70%
3,278
|
$371,000 | 0.67% |
| NVIDIA Corp |
Closed
1,129
|
$309,000 | |
| Spdr Ser Tr |
Closed
4,594
|
$305,000 | |
| Equinix Inc |
10.26%
446
|
$293,000 | 0.53% |
| Alps Etf Tr |
No change
3,000
|
$281,000 | 0.50% |
| Bio-Techne Corp |
Closed
601
|
$261,000 | |
| PayPal Holdings Inc |
3.01%
3,605
|
$252,000 | 0.45% |
| Invesco Exchange Traded Fd T |
Closed
1,564
|
$246,000 | |
| Heico Corp. |
Closed
1,571
|
$241,000 | |
| Alcon Ag |
14.55%
3,276
|
$228,000 | 0.41% |
| Ishares Tr |
Closed
1,105
|
$227,000 | |
| Laboratory Corp Amer Hldgs |
22.50%
969
|
$227,000 | 0.41% |
| Rockwell Automation Inc |
Closed
800
|
$224,000 | |
| Chevron Corp. |
19.51%
1,519
|
$220,000 | 0.39% |
| Factset Resh Sys Inc |
Closed
510
|
$219,000 | |
| Maximus Inc. |
Closed
2,908
|
$218,000 | |
| Asml Holding N V |
26.52%
458
|
$218,000 | 0.39% |
| Coca-Cola Co |
Opened
3,303
|
$208,000 | 0.37% |
| Coinbase Global Inc |
Closed
1,081
|
$208,000 | |
| Rivian Automotive, Inc. |
Closed
4,098
|
$205,000 | |
| Motorola Solutions Inc |
Opened
964
|
$202,000 | 0.36% |
| Waste Mgmt Inc Del |
Opened
1,306
|
$200,000 | 0.36% |
| Brown Brown Inc |
5.97%
3,434
|
$200,000 | 0.36% |
| Flex Ltd |
12.58%
11,407
|
$165,000 | 0.30% |
| No transactions found | |||
| Showing first 500 out of 74 holdings | |||
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