Morton Community Bank 13F annual report
Morton Community Bank is an investment fund managing more than $354 billion ran by Alana Parm. There are currently 100 companies in Mrs. Parm’s portfolio. The largest investments include Ishares Tr and Schwab Strategic Tr, together worth $30.1 billion.
$354 billion Assets Under Management (AUM)
As of 30th July 2024, Morton Community Bank’s top holding is 262,848 shares of Ishares Tr currently worth over $15.3 billion and making up 4.3% of the portfolio value.
In addition, the fund holds 190,344 shares of Schwab Strategic Tr worth $14.8 billion.
The third-largest holding is Broadcom Inc worth $6.74 billion and the next is Microsoft worth $6.57 billion, with 14,710 shares owned.
Currently, Morton Community Bank's portfolio is worth at least $354 billion. 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 Morton Community Bank
The Morton Community Bank office and employees reside in East Peoria, Illinois. According to the last 13-F report filed with the SEC, Alana Parm serves as the Senior Trust Officer and Trust Compliance Officer at Morton Community Bank.
Recent trades
In the most recent 13F filing, Morton Community Bank revealed that it had opened a new position in
Goldman Sachs and bought 6,425 shares worth $2.91 billion.
This means they effectively own approximately 0.1% of the company.
Goldman Sachs makes up
13.2%
of the fund's Finance sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Ishares Tr by buying
9,022 additional shares.
This makes their stake in Ishares Tr total 262,848 shares worth $15.3 billion.
On the other hand, there are companies that Morton Community Bank is getting rid of from its portfolio.
Morton Community Bank closed its position in Bristol-Myers Squibb Co on 6th August 2024.
It sold the previously owned 46,075 shares for $2.5 billion.
Alana Parm also disclosed a decreased stake in Broadcom Inc by approximately 0.1%.
This leaves the value of the investment at $6.74 billion and 4,195 shares.
One of the smaller hedge funds
The two most similar investment funds to Morton Community Bank are Triangle Securities Wealth Management and Westside Investment Management. They manage $354 billion and $354 billion respectively.
Alana Parm investment strategy
Morton Community Bank’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Utilities — making up 8.7% of
the total portfolio value.
The fund focuses on investments in the United States as
53.0% 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
55% of the total holdings value.
On the other hand, small-cap stocks make up only 2.0% of the portfolio.
The average market cap of the portfolio companies is close to $177 billion.
The complete list of Morton Community Bank trades based on 13F SEC filings
These positions were updated on August 6th 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 |
|---|---|---|---|
| Ishares Tr |
3.55%
262,848
|
$15,276,689,000 | 4.31% |
| Schwab Strategic Tr |
3.24%
190,344
|
$14,801,149,000 | 4.18% |
| Broadcom Inc |
4.77%
4,195
|
$6,735,198,000 | 1.90% |
| Microsoft Corporation |
3.62%
14,710
|
$6,574,635,000 | 1.86% |
| Lam Research Corp. |
1.77%
5,654
|
$6,020,662,000 | 1.70% |
| Select Sector Spdr Tr |
1.01%
210,309
|
$13,461,589,000 | 3.80% |
| Invesco Exch Trd Slf Idx Fd Tr |
5.75%
1,174,547
|
$23,487,754,000 | 6.63% |
| Eaton Corp Plc |
2.29%
17,288
|
$5,420,653,000 | 1.53% |
| Jpmorgan Chase Co. |
2.01%
25,963
|
$5,251,276,000 | 1.48% |
| Apollo Global Mgmt Inc |
0.12%
42,096
|
$4,970,275,000 | 1.40% |
| Reinsurance Grp Of America Inc |
1.90%
23,498
|
$4,823,434,000 | 1.36% |
| Booz Allen Hamilton Hldg Corp |
2.80%
31,286
|
$4,814,916,000 | 1.36% |
| Abbvie Inc |
4.35%
27,426
|
$4,704,108,000 | 1.33% |
| Oracle Corp. |
3.14%
32,981
|
$4,656,917,000 | 1.32% |
| Regions Financial Corp. |
0.99%
226,990
|
$4,548,880,000 | 1.28% |
| American Express Co. |
0.27%
19,015
|
$4,402,924,000 | 1.24% |
| Conocophillips |
4.57%
37,313
|
$4,267,861,000 | 1.21% |
| Unitedhealth Group Inc |
6.16%
8,182
|
$4,166,766,000 | 1.18% |
| Williams Cos Inc |
2.14%
93,900
|
$3,990,750,000 | 1.13% |
| Chevron Corp. |
4.46%
25,499
|
$3,988,554,000 | 1.13% |
| Cigna Group (The) |
3.34%
12,063
|
$3,987,666,000 | 1.13% |
| Home Depot, Inc. |
8.22%
11,428
|
$3,933,975,000 | 1.11% |
| Deere Co |
3.33%
10,508
|
$3,926,105,000 | 1.11% |
| Merck Co Inc |
4.12%
31,604
|
$3,912,575,000 | 1.10% |
| Marsh Mclennan Cos Inc |
5.05%
18,378
|
$3,872,612,000 | 1.09% |
| Lockheed Martin Corp. |
4.67%
8,133
|
$3,798,924,000 | 1.07% |
| Lincoln Elec Hldgs Inc |
1.54%
19,927
|
$3,759,029,000 | 1.06% |
| Honeywell International Inc |
6.25%
17,168
|
$3,666,055,000 | 1.04% |
| Omnicom Group, Inc. |
4.88%
40,289
|
$3,613,923,000 | 1.02% |
| Johnson Johnson |
5.79%
24,662
|
$3,604,598,000 | 1.02% |
| The Southern Co. |
7.46%
45,835
|
$3,555,421,000 | 1.00% |
| NextEra Energy Inc |
3.31%
49,089
|
$3,475,992,000 | 0.98% |
| Entergy Corp. |
6.10%
32,373
|
$3,463,911,000 | 0.98% |
| Att Inc |
4.22%
179,948
|
$3,438,806,000 | 0.97% |
| Philip Morris International Inc |
6.08%
33,848
|
$3,429,818,000 | 0.97% |
| American Intl Group Inc |
4.62%
45,945
|
$3,410,957,000 | 0.96% |
| AMGEN Inc. |
4.52%
10,907
|
$3,407,892,000 | 0.96% |
| Accenture Plc Ireland |
7.57%
11,188
|
$3,394,551,000 | 0.96% |
| Firstenergy Corp. |
4.20%
88,699
|
$3,394,511,000 | 0.96% |
| Intercontinental Exchange Inc |
4.64%
24,753
|
$3,388,438,000 | 0.96% |
| Procter And Gamble Co |
5.37%
20,391
|
$3,362,884,000 | 0.95% |
| Duke Energy Corp. |
4.24%
33,452
|
$3,352,894,000 | 0.95% |
| Sp Global Inc |
5.71%
7,504
|
$3,346,784,000 | 0.95% |
| Exxon Mobil Corp. |
4.58%
28,788
|
$3,314,075,000 | 0.94% |
| Pepsico Inc |
5.59%
19,831
|
$3,270,727,000 | 0.92% |
| Allstate Corp (The) |
3.89%
20,340
|
$3,247,484,000 | 0.92% |
| NiSource Inc |
6.16%
112,220
|
$3,233,058,000 | 0.91% |
| American Elec Pwr Co Inc |
1.66%
36,835
|
$3,231,903,000 | 0.91% |
| Resmed Inc. |
8.63%
16,859
|
$3,227,150,000 | 0.91% |
| Eog Res Inc |
5.51%
25,475
|
$3,206,538,000 | 0.91% |
| Verizon Communications Inc |
3.84%
77,415
|
$3,192,595,000 | 0.90% |
| Pnc Finl Svcs Group Inc |
7.17%
20,423
|
$3,175,368,000 | 0.90% |
| Constellation Brands, Inc. |
7.49%
12,310
|
$3,167,117,000 | 0.89% |
| Coca-Cola Co |
5.02%
49,713
|
$3,164,233,000 | 0.89% |
| Alliant Energy Corp. |
5.62%
61,458
|
$3,128,212,000 | 0.88% |
| WEC Energy Group Inc |
6.35%
39,720
|
$3,116,431,000 | 0.88% |
| DTE Energy Co. |
8.46%
27,994
|
$3,107,614,000 | 0.88% |
| Genuine Parts Co. |
3.98%
22,336
|
$3,089,516,000 | 0.87% |
| Astrazeneca plc |
20.19%
39,115
|
$3,050,579,000 | 0.86% |
| Target Corp |
4.29%
20,547
|
$3,041,778,000 | 0.86% |
| Service Corp Intl |
7.90%
42,485
|
$3,021,958,000 | 0.85% |
| Blackrock Inc. |
6.40%
3,824
|
$3,010,711,000 | 0.85% |
| Kimberly-Clark Corp. |
5.54%
21,416
|
$2,959,691,000 | 0.84% |
| Mondelez International Inc. |
5.28%
45,036
|
$2,947,156,000 | 0.83% |
| Abbott Labs |
8.40%
28,321
|
$2,942,835,000 | 0.83% |
| Goldman Sachs Group, Inc. |
Opened
6,425
|
$2,906,156,000 | 0.82% |
| Cisco Sys Inc |
5.74%
61,033
|
$2,899,678,000 | 0.82% |
| Xcel Energy Inc. |
6.04%
54,103
|
$2,889,641,000 | 0.82% |
| Amdocs Ltd |
7.64%
36,280
|
$2,863,218,000 | 0.81% |
| Sysco Corp. |
6.42%
39,965
|
$2,853,101,000 | 0.81% |
| Us Bancorp Del |
7.25%
70,690
|
$2,806,393,000 | 0.79% |
| Medtronic Plc |
6.01%
35,291
|
$2,777,755,000 | 0.78% |
| Exelon Corp. |
1.05%
78,053
|
$2,701,415,000 | 0.76% |
| Schlumberger Ltd. |
Opened
56,935
|
$2,686,193,000 | 0.76% |
| Ppg Inds Inc |
7.96%
21,283
|
$2,679,317,000 | 0.76% |
| Eastman Chem Co |
0.02%
26,935
|
$2,638,822,000 | 0.75% |
| Enbridge Inc |
4.84%
73,538
|
$2,617,218,000 | 0.74% |
| Disney Walt Co |
7.04%
26,235
|
$2,604,873,000 | 0.74% |
| Bristol-Myers Squibb Co. |
Closed
46,075
|
$2,498,647,000 | |
| General Mls Inc |
5.23%
39,349
|
$2,489,218,000 | 0.70% |
| Air Prods Chems Inc |
84.76%
9,395
|
$2,424,380,000 | 0.68% |
| CVS Health Corp |
7.68%
39,447
|
$2,329,740,000 | 0.66% |
| Dominion Energy Inc |
5.18%
44,178
|
$2,164,722,000 | 0.61% |
| Stanley Black Decker Inc |
8.91%
26,532
|
$2,119,641,000 | 0.60% |
| Constellation Energy Corp |
11.98%
8,730
|
$1,748,357,000 | 0.49% |
| Eli Lilly Co |
No change
1,080
|
$977,810,000 | 0.28% |
| Schwab Charles Corp |
75.27%
10,867
|
$800,790,000 | 0.23% |
| Select Sector Spdr Tr |
Opened
5,284
|
$770,143,000 | 0.22% |
| Texas Instrs Inc |
31.89%
3,571
|
$694,667,000 | 0.20% |
| Spdr Sp 500 Etf Tr |
No change
954
|
$519,186,000 | 0.15% |
| Apple Inc |
No change
2,444
|
$514,755,000 | 0.15% |
| Qualcomm, Inc. |
19.30%
2,575
|
$512,889,000 | 0.14% |
| Starbucks Corp. |
Closed
3,841
|
$351,029,000 | |
| Commerce Bancshares, Inc. |
4.82%
6,004
|
$334,903,000 | 0.09% |
| Dt Midstream Inc |
7.41%
4,710
|
$334,551,000 | 0.09% |
| VanEck ETF Trust |
No change
10,369
|
$293,443,000 | 0.08% |
| General Dynamics Corp. |
8.35%
933
|
$270,701,000 | 0.08% |
| Caterpillar Inc. |
53.22%
747
|
$248,826,000 | 0.07% |
| Comcast Corp New |
91.47%
6,160
|
$241,226,000 | 0.07% |
| Walmart Inc |
14.77%
3,462
|
$234,412,000 | 0.07% |
| Freeport-McMoRan Inc |
No change
4,602
|
$223,657,000 | 0.06% |
| Progressive Corp. |
No change
1,035
|
$214,980,000 | 0.06% |
| Invesco Bd Fd |
Closed
12,300
|
$192,495,000 | |
| No transactions found | |||
| Showing first 500 out of 103 holdings | |||
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