Brick & Kyle, Associates is an investment fund managing more than $242 million ran by Luke Tourangeau. There are currently 53 companies in Mr. Tourangeau’s portfolio. The largest investments include NVIDIA Corp and Apple Inc, together worth $39.8 million.
As of 8th August 2024, Brick & Kyle, Associates’s top holding is 213,866 shares of NVIDIA Corp currently worth over $26.4 million and making up 10.9% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Brick & Kyle, Associates owns more than approximately 0.1% of the company.
In addition, the fund holds 63,474 shares of Apple Inc worth $13.4 million, whose value grew 20.6% in the past six months.
The third-largest holding is Microsoft worth $12.6 million and the next is Alphabet Inc worth $11 million, with 62,583 shares owned.
Currently, Brick & Kyle, Associates's portfolio is worth at least $242 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.
The Brick & Kyle, Associates office and employees reside in Newtown, Pennsylvania. According to the last 13-F report filed with the SEC, Luke Tourangeau serves as the Chief Technology Officer at Brick & Kyle, Associates.
In the most recent 13F filing, Brick & Kyle, Associates revealed that it had opened a new position in
Newmont Corp and bought 130,943 shares worth $5.48 million.
This means they effectively own approximately 0.1% of the company.
Newmont Corp makes up
61.2%
of the fund's Materials sector allocation and has grown its share price by 27.7% in the past year.
The investment fund also strengthened its position in NVIDIA Corp by buying
188,417 additional shares.
This makes their stake in NVIDIA Corp total 213,866 shares worth $26.4 million.
NVIDIA Corp dropped 73.1% in the past year.
On the other hand, there are companies that Brick & Kyle, Associates is getting rid of from its portfolio.
Brick & Kyle, Associates closed its position in CVS Health Corp on 15th August 2024.
It sold the previously owned 74,033 shares for $5.85 million.
Luke Tourangeau also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $12.6 million and 28,098 shares.
The two most similar investment funds to Brick & Kyle, Associates are Glenview State Bank Trust Dept and Peloton Wealth Strategists. They manage $242 million and $243 million respectively.
Brick & Kyle, Associates’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 24.4% of
the total portfolio value.
The fund focuses on investments in the United States as
43.4% 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
42% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $359 billion.
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 |
|---|---|---|---|
| NVIDIA Corp |
740.37%
213,866
|
$26,421,000 | 10.91% |
| Apple Inc |
8.80%
63,474
|
$13,369,000 | 5.52% |
| Microsoft Corporation |
1.43%
28,098
|
$12,558,000 | 5.19% |
| Alphabet Inc |
3.06%
62,583
|
$11,041,000 | 4.56% |
| Amazon.com Inc. |
0.52%
48,957
|
$9,461,000 | 3.91% |
| Vanguard Index Fds |
104.46%
41,650
|
$9,338,000 | 3.86% |
| Advanced Micro Devic |
9.00%
47,743
|
$7,744,000 | 3.20% |
| Phillips66 |
1.40%
54,160
|
$7,646,000 | 3.16% |
| J P Morgan Chase Co |
1.64%
36,775
|
$7,438,000 | 3.07% |
| Merck Co. Inc. |
1.92%
59,095
|
$7,316,000 | 3.02% |
| Alps Etf Tr |
2.83%
140,219
|
$6,728,000 | 2.78% |
| Abbvie Inc |
2.95%
36,362
|
$6,237,000 | 2.58% |
| RTX Corp |
1.62%
61,190
|
$6,143,000 | 2.54% |
| CVS Health Corp |
Closed
74,033
|
$5,846,000 | |
| Honeywell International Inc |
3.85%
26,459
|
$5,650,000 | 2.33% |
| Newmont Corp |
Opened
130,943
|
$5,483,000 | 2.26% |
| Adobe Inc |
31.68%
9,706
|
$5,392,000 | 2.23% |
| Thermo Fisher Scntfc |
1.95%
9,237
|
$5,108,000 | 2.11% |
| L3harris Technologies In |
7.02%
22,678
|
$5,093,000 | 2.10% |
| Visa Inc |
4.22%
19,030
|
$4,995,000 | 2.06% |
| AMGEN Inc. |
27.87%
15,516
|
$4,848,000 | 2.00% |
| Illinois Tool Works, Inc. |
12.49%
19,636
|
$4,653,000 | 1.92% |
| NextEra Energy Inc |
0.96%
64,413
|
$4,561,000 | 1.88% |
| Prudential Finl |
1.39%
37,294
|
$4,370,000 | 1.80% |
| Pepsico Inc |
2.74%
26,219
|
$4,324,000 | 1.79% |
| Devon Energy Corp. |
5.53%
76,983
|
$3,649,000 | 1.51% |
| Dow Inc |
8.36%
65,519
|
$3,476,000 | 1.44% |
| Bank Of America Corp. |
0.35%
86,270
|
$3,431,000 | 1.42% |
| Qualcomm, Inc. |
Closed
23,654
|
$3,421,000 | |
| Chevron Corp. |
1.24%
21,739
|
$3,400,000 | 1.40% |
| Johnson Johnson |
3.07%
21,970
|
$3,211,000 | 1.33% |
| Cleveland-Cliffs Inc |
Closed
153,655
|
$3,138,000 | |
| Ishares Tr |
20.18%
94,053
|
$5,651,000 | 2.33% |
| Spdr Ser Tr |
2.00%
32,631
|
$3,025,000 | 1.25% |
| The Southern Co. |
2.70%
38,468
|
$2,984,000 | 1.23% |
| Palo Alto Networks Inc |
25.34%
8,720
|
$2,956,000 | 1.22% |
| Verizon Communicatn |
1.86%
62,619
|
$2,582,000 | 1.07% |
| Unitedhealth Grp Inc |
Opened
5,003
|
$2,548,000 | 1.05% |
| Air Prod Chemicals |
Opened
8,865
|
$2,288,000 | 0.94% |
| Invesco Exchange Traded Fd T |
6.87%
121,445
|
$3,073,000 | 1.27% |
| Select Sector Spdr Tr |
22.54%
46,076
|
$2,288,000 | 0.94% |
| Mcdonalds Corp |
4.09%
6,918
|
$1,763,000 | 0.73% |
| Procter Gamble |
2.58%
7,861
|
$1,296,000 | 0.54% |
| Invesco Exchange Traded Fd T |
Opened
28,404
|
$1,290,000 | 0.53% |
| Virtus Equity Conv Inc |
Closed
57,012
|
$1,192,000 | |
| Gladstone Land Corp |
3.08%
54,968
|
$1,159,000 | 0.48% |
| Home Depot, Inc. |
Opened
2,387
|
$822,000 | 0.34% |
| Cadence Design Sys |
Opened
2,477
|
$762,000 | 0.31% |
| Spdr Gold Tr |
3.64%
3,440
|
$740,000 | 0.31% |
| Crowdstrike Holdings Inc |
Opened
1,815
|
$695,000 | 0.29% |
| Eaton Vance Enhanced Eq |
3.54%
32,592
|
$633,000 | 0.26% |
| Select Sector Spdr Etf |
3.06%
6,905
|
$629,000 | 0.26% |
| Select Sector Spdr Etf |
Opened
4,121
|
$502,000 | 0.21% |
| Blackrock Enhanced Equit |
0.41%
50,438
|
$412,000 | 0.17% |
| Schwab Strategic Tr |
7.80%
4,551
|
$354,000 | 0.15% |
| Ishares Tr |
Opened
5,650
|
$331,000 | 0.14% |
| Spdr Etf |
Closed
670
|
$318,000 | |
| Vanguard Index Fds |
Opened
1,116
|
$297,000 | 0.12% |
| Alliancebernstein Glbl |
Closed
28,950
|
$293,000 | |
| No transactions found | |||
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