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Manning & Napier Group, LLC13F | |
| Manning & Napier Advisors | |
| Last update 2024-07-11 | 272 Stocks (78 new) |
| Value $8.86 Bil | Turnover 20 % |
| Portfolio Report | |
Manning & Napier Group, LLC Profile
Manning & Napier (NYSE: MN) provides a broad range of investment solutions through separately managed accounts, mutual funds, and collective investment trust funds, as well as a variety of consultative services that complement its investment process.
Founded in 1970, the firm offers equity and fixed income portfolios as well as a range of blended asset portfolios, such as life cycle funds, that use a mix of stocks and bonds. It serves a diversified client base of high-net-worth individuals and institutions, including 401(k) plans, pension plans, Taft-Hartley plans, endowments and foundations. For many of these clients, the firm's relationship goes beyond investment management and includes customized solutions that address key issues and solve client-specific problems.
Founded in 1970, the firm offers equity and fixed income portfolios as well as a range of blended asset portfolios, such as life cycle funds, that use a mix of stocks and bonds. It serves a diversified client base of high-net-worth individuals and institutions, including 401(k) plans, pension plans, Taft-Hartley plans, endowments and foundations. For many of these clients, the firm's relationship goes beyond investment management and includes customized solutions that address key issues and solve client-specific problems.
Manning & Napier Group, LLC Investing Philosophy
For more than 50 years, the same proprietary bottom-up driven investment process has been used to build diversified portfolios of individual securities. Manning & Napier's equity analysts first search the global investment universe using both bottom-up (company-specific) and top-down (macro) research to reduce the initial universe to a workable list of potential portfolio candidates.
Next, companies are evaluated using fundamental analysis to generate a formal list of portfolio candidates based on three selection strategies - Strategic Profile, Hurdle Rate, and Bankable Deal. If a company is a strategy fit, strict pricing disciplines are used to establish buy and sell targets based on fair market value.
Within this process, the company is subjected to peer review within the recommending analyst's sector group. As part of this peer review, every analyst in the sector group has a financial stake in the stock - not just the recommending analyst. When the security is formally recommended, it is presented to the Global Core Team, which determines whether to accept the security recommendation, put it on the “firedrill” list, or reject it. Each holding is continuously monitored based on the firm's strategy fit and valuation criteria, and the portfolio's overall risk exposures are regularly evaluated by the team.
Manning & Napier Group, LLC Top Holdings of 2024-06-30
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| Ticker | | Company | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % | Market Cap $Mil | Industry |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMZN | Amazon.com Inc | 1,705,419 | 329572.220 | -19.59% | 3.720 | -0.86% | 0.020 | -1.03% | +26.11% | 2010110.976 | Retail - Cyclical | |
GOOGL | Alphabet Inc | 1,673,045 | 304745.150 | -9.08% | 3.440 | -0.29% | 0.010 | -11.52% | +16.60% | 2013502.408 | Interactive Media | |
META | Meta Platforms Inc | 566,597 | 285689.540 | +28.18% | 3.230 | +0.71% | 0.020 | +10.74% | +60.86% | 1438200.827 | Interactive Media | |
MA | Mastercard Inc | 587,249 | 259070.770 | -2.46% | 2.930 | -0.08% | 0.060 | +8.75% | +15.69% | 453926.325 | Credit Services | |
JNJ | Johnson & Johnson | 1,572,412 | 229823.720 | -0.85% | 2.600 | -0.02% | 0.070 | +10.50% | +5.13% | 387421.796 | Drug Manufacturers | |
TSM | Taiwan Semiconductor Manufacturing Co Ltd | 1,312,929 | 228200.190 | -30.28% | 2.580 | -0.88% | 0.030 | +9.34% | +82.20% | 974231.059 | Semiconductors | |
MSFT | Microsoft Corp | 503,283 | 224942.150 | +36.82% | 2.540 | +0.68% | 0.010 | -4.69% | +15.02% | 3203342.220 | Software | |
LHX | L3Harris Technologies Inc | 939,022 | 210885.580 | -9.19% | 2.380 | -0.23% | 0.500 | +4.62% | +12.18% | 43965.127 | Aerospace & Defense | |
V | Visa Inc | 767,752 | 201511.870 | -1.44% | 2.280 | -0.04% | 0.040 | -0.26% | +5.20% | 529181.729 | Credit Services | |
AZN | AstraZeneca PLC | 2,416,672 | 188476.250 | -14.03% | 2.130 | -0.30% | 0.080 | -0.53% | +18.59% | 242559.993 | Drug Manufacturers |
Manning & Napier Group, LLC's Historical Top Holdings Breakdowns
Manning & Napier Group, LLC's Top Stock Picks
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| Ticker | | Company | Date | Action | Impact % | Price Range | Price | Price Change from Avrg% | Comment | Current Shares | Share Change |
|---|---|---|---|---|---|---|---|---|---|---|---|
MU | Micron Technology Inc | 2024-06-30 | Reduce | -2.00% | 106.77 ($126.02) 153.45 | $110.72 | -12.14% | Reduce -70.27% | 628,964 | -1,486,798 | |
AAPL | Apple Inc | 2024-06-30 | New Buy | +1.21% | 165 ($186.49) 216.67 | $227.73 | 22.11% | New holding | 508,291 | 508,291 | |
HYMB | SPDR Nuveen Bloomberg High Yield Municipal Bond ETF | 2024-06-30 | Reduce | -1.21% | 25.12 ($25.42) 25.81 | $26.11 | 2.71% | Reduce -98.29% | 71,369 | -4,111,027 | |
FI | Fiserv Inc | 2024-06-30 | New Buy | +1.19% | 146.4 ($151.37) 158.57 | $177.13 | 17.01% | New holding | 704,715 | 704,715 | |
BMRN | Biomarin Pharmaceutical Inc | 2024-06-30 | Sold Out | -1.15% | 74.43 ($83.25) 92.22 | $69.97 | -15.95% | Sold Out | 0 | -1,153,785 | |
MSCI | MSCI Inc | 2024-06-30 | New Buy | +1.04% | 446 ($496.19) 554.83 | $567.99 | 14.47% | New holding | 190,448 | 190,448 | |
MDT | Medtronic PLC | 2024-06-30 | Reduce | -1.00% | 78.71 ($81.98) 87.02 | $89.23 | 8.85% | Reduce -75.55% | 325,793 | -1,006,489 | |
NVS | Novartis AG | 2024-06-30 | Reduce | -0.99% | 92.57 ($100.38) 107.37 | $115.44 | 15.01% | Reduce -86.44% | 141,314 | -901,112 | |
GLOB | Globant SA | 2024-06-30 | Add | +0.98% | 152.98 ($176.27) 201.7 | $198.81 | 12.79% | Add 729.59% | 557,591 | 490,378 | |
USHY | iShares Broad USD High Yield Corporate Bond ETF | 2024-06-30 | Reduce | -0.94% | 35.59 ($36.16) 36.41 | $37.59 | 3.94% | Reduce -95.55% | 104,200 | -2,235,535 |
Manning & Napier Group, LLC Total Holding History ($B)
Manning & Napier Group, LLC's Asset Allocation
Manning & Napier Group, LLC Past Portfolios
| Portfolio Date | Number of Stocks | New Stocks | Total Value ($Mil) | Q/Q Turnover |
|---|---|---|---|---|
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Manning & Napier Group, LLC's Hypothetical Growth since 2024-06-30
Manning & Napier Group, LLC's Yearly Returns
| Year | Portfolio % | % | Excess Gain % |
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Manning & Napier Group, LLC's Holdings Heat Map
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Manning & Napier Group, LLC's Holdings Bubble Chart
Manning & Napier Group, LLC News
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