Tower Bridge Advisors Buys Fidelity National Information Services Inc, Coca-Cola Co, Simon Property Group Inc, Sells Raytheon Technologies Corp, Restaurant Brands International Inc, Blackstone Group Inc

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Jul 22, 2020
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Conshohocken, PA, based Investment company Tower Bridge Advisors (Current Portfolio) buys Fidelity National Information Services Inc, Coca-Cola Co, Simon Property Group Inc, Dentsply Sirona Inc, Essential Utilities Inc, sells Raytheon Technologies Corp, Restaurant Brands International Inc, Blackstone Group Inc, Cullen/Frost Bankers Inc, Raytheon Co during the 3-months ended 2020Q2, according to the most recent filings of the investment company, Tower Bridge Advisors. As of 2020Q2, Tower Bridge Advisors owns 172 stocks with a total value of $885 million. These are the details of the buys and sells.

For the details of TOWER BRIDGE ADVISORS's stock buys and sells, go to https://www.gurufocus.com/guru/tower+bridge+advisors/current-portfolio/portfolio

These are the top 5 holdings of TOWER BRIDGE ADVISORS
  1. Microsoft Corp (MSFT) - 261,091 shares, 6.01% of the total portfolio. Shares reduced by 0.74%
  2. Apple Inc (AAPL) - 124,522 shares, 5.14% of the total portfolio. Shares reduced by 0.92%
  3. Visa Inc (V) - 154,978 shares, 3.38% of the total portfolio. Shares added by 0.07%
  4. Johnson & Johnson (JNJ) - 193,814 shares, 3.08% of the total portfolio. Shares added by 0.16%
  5. Accenture PLC (ACN) - 121,060 shares, 2.94% of the total portfolio. Shares reduced by 0.57%
New Purchase: Essential Utilities Inc (WTRG)

Tower Bridge Advisors initiated holding in Essential Utilities Inc. The purchase prices were between $38.5 and $46.61, with an estimated average price of $42.23. The stock is now traded at around $45.72. The impact to a portfolio due to this purchase was 0.1%. The holding were 20,212 shares as of .

New Purchase: Otis Worldwide Corp (OTIS)

Tower Bridge Advisors initiated holding in Otis Worldwide Corp. The purchase prices were between $44 and $61.26, with an estimated average price of $51.55. The stock is now traded at around $58.73. The impact to a portfolio due to this purchase was 0.1%. The holding were 15,858 shares as of .

New Purchase: Carrier Global Corp (CARR)

Tower Bridge Advisors initiated holding in Carrier Global Corp. The purchase prices were between $12.89 and $24.37, with an estimated average price of $18.38. The stock is now traded at around $26.57. The impact to a portfolio due to this purchase was 0.09%. The holding were 35,175 shares as of .

New Purchase: VF Corp (VFC)

Tower Bridge Advisors initiated holding in VF Corp. The purchase prices were between $48.68 and $68.31, with an estimated average price of $58.15. The stock is now traded at around $59.34. The impact to a portfolio due to this purchase was 0.05%. The holding were 7,200 shares as of .

New Purchase: BlackRock Inc (BLK)

Tower Bridge Advisors initiated holding in BlackRock Inc. The purchase prices were between $409.54 and $558.06, with an estimated average price of $503.56. The stock is now traded at around $580.45. The impact to a portfolio due to this purchase was 0.03%. The holding were 440 shares as of .

New Purchase: Comerica Inc (CMA)

Tower Bridge Advisors initiated holding in Comerica Inc. The purchase prices were between $26.05 and $46.77, with an estimated average price of $34.76. The stock is now traded at around $36.59. The impact to a portfolio due to this purchase was 0.03%. The holding were 6,710 shares as of .

Added: Fidelity National Information Services Inc (FIS)

Tower Bridge Advisors added to a holding in Fidelity National Information Services Inc by 203.41%. The purchase prices were between $114.56 and $143.07, with an estimated average price of $131.16. The stock is now traded at around $144.03. The impact to a portfolio due to this purchase was 0.48%. The holding were 47,402 shares as of .

Added: Coca-Cola Co (KO)

Tower Bridge Advisors added to a holding in Coca-Cola Co by 37.70%. The purchase prices were between $42.12 and $49.85, with an estimated average price of $46.06. The stock is now traded at around $48.10. The impact to a portfolio due to this purchase was 0.24%. The holding were 175,909 shares as of .

Added: Simon Property Group Inc (SPG)

Tower Bridge Advisors added to a holding in Simon Property Group Inc by 71.65%. The purchase prices were between $44.01 and $95.5, with an estimated average price of $62.57. The stock is now traded at around $61.96. The impact to a portfolio due to this purchase was 0.13%. The holding were 38,655 shares as of .

Added: Dentsply Sirona Inc (XRAY)

Tower Bridge Advisors added to a holding in Dentsply Sirona Inc by 26.66%. The purchase prices were between $35.45 and $51.17, with an estimated average price of $42.23. The stock is now traded at around $44.00. The impact to a portfolio due to this purchase was 0.1%. The holding were 97,169 shares as of .

Added: Amazon.com Inc (AMZN)

Tower Bridge Advisors added to a holding in Amazon.com Inc by 38.28%. The purchase prices were between $1906.59 and $2764.41, with an estimated average price of $2403.24. The stock is now traded at around $3090.60. The impact to a portfolio due to this purchase was 0.09%. The holding were 1,015 shares as of .

Added: IHS Markit Ltd (INFO)

Tower Bridge Advisors added to a holding in IHS Markit Ltd by 51.37%. The purchase prices were between $58.3 and $75.5, with an estimated average price of $67.89. The stock is now traded at around $79.88. The impact to a portfolio due to this purchase was 0.09%. The holding were 30,435 shares as of .

Sold Out: Raytheon Technologies Corp (RTX)

Tower Bridge Advisors sold out a holding in Raytheon Technologies Corp. The sale prices were between $49.93 and $74.16, with an estimated average price of $62.35.

Sold Out: Cullen/Frost Bankers Inc (CFR)

Tower Bridge Advisors sold out a holding in Cullen/Frost Bankers Inc. The sale prices were between $53.37 and $86.19, with an estimated average price of $69.44.

Sold Out: Raytheon Co (RTN)

Tower Bridge Advisors sold out a holding in Raytheon Co. The sale prices were between $116.96 and $131.15, with an estimated average price of $123.51.

Sold Out: Alibaba Group Holding Ltd (BABA)

Tower Bridge Advisors sold out a holding in Alibaba Group Holding Ltd. The sale prices were between $187.11 and $228.75, with an estimated average price of $207.72.

Sold Out: Essential Utilities Inc (A2A)

Tower Bridge Advisors sold out a holding in Essential Utilities Inc. The sale prices were between $34.55 and $40.8, with an estimated average price of $38.13.

Sold Out: Bank of America Corp (BAC)

Tower Bridge Advisors sold out a holding in Bank of America Corp. The sale prices were between $19.77 and $28.54, with an estimated average price of $23.6.

Reduced: Restaurant Brands International Inc (QSR)

Tower Bridge Advisors reduced to a holding in Restaurant Brands International Inc by 91.49%. The sale prices were between $33.27 and $59.73, with an estimated average price of $50.21. The stock is now traded at around $57.61. The impact to a portfolio due to this sale was -0.69%. Tower Bridge Advisors still held 12,075 shares as of .

Reduced: Blackstone Group Inc (BX)

Tower Bridge Advisors reduced to a holding in Blackstone Group Inc by 83.6%. The sale prices were between $40.8 and $59.45, with an estimated average price of $52.49. The stock is now traded at around $57.65. The impact to a portfolio due to this sale was -0.64%. Tower Bridge Advisors still held 20,865 shares as of .

Reduced: Enbridge Inc (ENB)

Tower Bridge Advisors reduced to a holding in Enbridge Inc by 21.06%. The sale prices were between $27.21 and $33.9, with an estimated average price of $30.68. The stock is now traded at around $31.39. The impact to a portfolio due to this sale was -0.1%. Tower Bridge Advisors still held 101,186 shares as of .

Reduced: Emerson Electric Co (EMR)

Tower Bridge Advisors reduced to a holding in Emerson Electric Co by 23.59%. The sale prices were between $45.7 and $69.33, with an estimated average price of $56.57. The stock is now traded at around $63.71. The impact to a portfolio due to this sale was -0.02%. Tower Bridge Advisors still held 9,069 shares as of .

Reduced: ConocoPhillips (COP)

Tower Bridge Advisors reduced to a holding in ConocoPhillips by 21.09%. The sale prices were between $29.62 and $50.31, with an estimated average price of $40.26. The stock is now traded at around $41.21. The impact to a portfolio due to this sale was -0.01%. Tower Bridge Advisors still held 11,490 shares as of .

Reduced: MongoDB Inc (MDB)

Tower Bridge Advisors reduced to a holding in MongoDB Inc by 25%. The sale prices were between $120.47 and $238.38, with an estimated average price of $184.32. The stock is now traded at around $215.50. The impact to a portfolio due to this sale was -0.01%. Tower Bridge Advisors still held 1,500 shares as of .



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