Parsons Capital Management Inc Buys Starbucks Corp, The Walt Disney Co, Adobe Inc, Sells SPDR S&P 500, Dunkin' Brands Group Inc, DuPont de Nemours Inc

Investment company Parsons Capital Management Inc (Current Portfolio) buys Starbucks Corp, The Walt Disney Co, Adobe Inc, Corteva Inc, Invesco S&P 500 High Dividend Low Volatility, sells SPDR S&P 500, Dunkin' Brands Group Inc, DuPont de Nemours Inc, Blackstone Group Inc, International Business Machines Corp during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Parsons Capital Management Inc. As of 2019Q2, Parsons Capital Management Inc owns 341 stocks with a total value of $908 million. These are the details of the buys and sells.

For the details of PARSONS CAPITAL MANAGEMENT INC's stock buys and sells, go to https://www.gurufocus.com/guru/parsons+capital+management+inc/current-portfolio/portfolioportfolio

These are the top 5 holdings of PARSONS CAPITAL MANAGEMENT INC
  1. Apple Inc (AAPL) - 317,825 shares, 6.93% of the total portfolio. Shares reduced by 2.84%
  2. 3M Co (MMM) - 362,267 shares, 6.92% of the total portfolio. Shares added by 1.54%
  3. Berkshire Hathaway Inc (BRK.B) - 152,024 shares, 3.57% of the total portfolio. Shares reduced by 2.58%
  4. Amazon.com Inc (AMZN) - 12,743 shares, 2.66% of the total portfolio. Shares reduced by 0.6%
  5. Exxon Mobil Corp (XOM) - 297,034 shares, 2.51% of the total portfolio. Shares reduced by 1.68%
New Purchase: Starbucks Corp (SBUX)

Parsons Capital Management Inc initiated holding in Starbucks Corp. The purchase prices were between $73.96 and $84.69, with an estimated average price of $78.35. The stock is now traded at around $95.38. The impact to a portfolio due to this purchase was 0.22%. The holding were 23,856 shares as of .

New Purchase: Adobe Inc (ADBE)

Parsons Capital Management Inc initiated holding in Adobe Inc. The purchase prices were between $259.03 and $302.11, with an estimated average price of $277.57. The stock is now traded at around $298.26. The impact to a portfolio due to this purchase was 0.12%. The holding were 3,700 shares as of .

New Purchase: Corteva Inc (CTVA)

Parsons Capital Management Inc initiated holding in Corteva Inc. The purchase prices were between $24.81 and $29.57, with an estimated average price of $27.28. The stock is now traded at around $31.25. The impact to a portfolio due to this purchase was 0.08%. The holding were 25,528 shares as of .

New Purchase: Invesco S&P 500 High Dividend Low Volatility (SPHD)

Parsons Capital Management Inc initiated holding in Invesco S&P 500 High Dividend Low Volatility. The purchase prices were between $39.89 and $43.31, with an estimated average price of $42.06. The stock is now traded at around $41.73. The impact to a portfolio due to this purchase was 0.08%. The holding were 17,212 shares as of .

New Purchase: VanEck Vectors Junior Gold Miners (GDXJ)

Parsons Capital Management Inc initiated holding in VanEck Vectors Junior Gold Miners. The purchase prices were between $27.95 and $35.6, with an estimated average price of $30.46. The stock is now traded at around $39.50. The impact to a portfolio due to this purchase was 0.04%. The holding were 9,165 shares as of .

New Purchase: TC Energy Corp (TRS)

Parsons Capital Management Inc initiated holding in TC Energy Corp. The purchase prices were between $39.94 and $44.04, with an estimated average price of $42.42. The stock is now traded at around $44.37. The impact to a portfolio due to this purchase was 0.03%. The holding were 5,931 shares as of .

Added: The Walt Disney Co (DIS)

Parsons Capital Management Inc added to a holding in The Walt Disney Co by 22.86%. The purchase prices were between $111.96 and $142.02, with an estimated average price of $132.62. The stock is now traded at around $141.92. The impact to a portfolio due to this purchase was 0.22%. The holding were 77,918 shares as of .

Added: iShares Expanded Tech-Software Sector (IGV)

Parsons Capital Management Inc added to a holding in iShares Expanded Tech-Software Sector by 59.14%. The purchase prices were between $199.36 and $222.26, with an estimated average price of $214.23. The stock is now traded at around $221.76. The impact to a portfolio due to this purchase was 0.05%. The holding were 5,355 shares as of .

Added: Illinois Tool Works Inc (ITW)

Parsons Capital Management Inc added to a holding in Illinois Tool Works Inc by 76.94%. The purchase prices were between $139.64 and $158.33, with an estimated average price of $151. The stock is now traded at around $151.56. The impact to a portfolio due to this purchase was 0.05%. The holding were 6,830 shares as of .

Added: PowerShares QQQ Trust Ser 1 (QQQ)

Parsons Capital Management Inc added to a holding in PowerShares QQQ Trust Ser 1 by 56.69%. The purchase prices were between $170.12 and $191.11, with an estimated average price of $184. The stock is now traded at around $190.15. The impact to a portfolio due to this purchase was 0.04%. The holding were 4,975 shares as of .

Added: Tesla Inc (TSLA)

Parsons Capital Management Inc added to a holding in Tesla Inc by 83.87%. The purchase prices were between $178.97 and $291.81, with an estimated average price of $233.41. The stock is now traded at around $233.85. The impact to a portfolio due to this purchase was 0.03%. The holding were 2,554 shares as of .

Sold Out: Blackstone Group Inc (BX)

Parsons Capital Management Inc sold out a holding in Blackstone Group Inc. The sale prices were between $34.45 and $45.04, with an estimated average price of $39.87.

Sold Out: Walgreens Boots Alliance Inc (WBA)

Parsons Capital Management Inc sold out a holding in Walgreens Boots Alliance Inc. The sale prices were between $49.34 and $63.49, with an estimated average price of $53.16.

Sold Out: BB&T Corp (BBT)

Parsons Capital Management Inc sold out a holding in BB&T Corp. The sale prices were between $46.75 and $51.3, with an estimated average price of $48.98.

Sold Out: CDK Global Inc (CDK)

Parsons Capital Management Inc sold out a holding in CDK Global Inc. The sale prices were between $47.35 and $62.39, with an estimated average price of $53.61.

Sold Out: TC Energy Corp (TRP)

Parsons Capital Management Inc sold out a holding in TC Energy Corp. The sale prices were between $45.67 and $50.16, with an estimated average price of $47.95.

Sold Out: State Street Corporation (STT)

Parsons Capital Management Inc sold out a holding in State Street Corporation. The sale prices were between $54.53 and $71.71, with an estimated average price of $62.22.



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