Parsons Capital Management Inc Buys Berkshire Hathaway Inc, iShares U.S. Preferred Stock ETF, SPDR Bloomberg Barclays Investment Grade Floating , Sells General Electric Co, Bioverativ Inc, Schwab Short-Term U.S. Treasury

Investment company Parsons Capital Management Inc buys Berkshire Hathaway Inc, iShares U.S. Preferred Stock ETF, SPDR Bloomberg Barclays Investment Grade Floating , Micron Technology Inc, Visa Inc, PowerShares Ultra Short Duration Portfolio, Goldman Sachs Group Inc, Align Technology Inc, iShares Core MSCI EAFE, Park City Group Inc, sells General Electric Co, Bioverativ Inc, Schwab Short-Term U.S. Treasury, Washington Trust Bancorp Inc, Vanguard Real Estate during the 3-months ended 2018-03-31, according to the most recent filings of the investment company, Parsons Capital Management Inc. As of 2018-03-31, Parsons Capital Management Inc owns 344 stocks with a total value of $849 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 http://www.gurufocus.com/StockBuy.php?GuruName=PARSONS+CAPITAL+MANAGEMENT+INC

These are the top 5 holdings of PARSONS CAPITAL MANAGEMENT INC
  1. 3M Co (MMM) - 283,286 shares, 7.24% of the total portfolio. Shares reduced by 12.45%
  2. Apple Inc (AAPL) - 337,994 shares, 6.6% of the total portfolio. Shares reduced by 3.49%
  3. Berkshire Hathaway Inc (BRK.B) - 150,797 shares, 3.5% of the total portfolio. Shares added by 22.63%
  4. Exxon Mobil Corp (XOM) - 328,028 shares, 2.85% of the total portfolio. Shares reduced by 5.58%
  5. Amazon.com Inc (AMZN) - 12,730 shares, 2.15% of the total portfolio. Shares added by 0.15%
New Purchase: iShares U.S. Preferred Stock ETF (PFF)

Parsons Capital Management Inc initiated holding in iShares U.S. Preferred Stock ETF. The purchase prices were between $36.79 and $38.19, with an estimated average price of $37.53. The stock is now traded at around $36.96. The impact to a portfolio due to this purchase was 0.33%. The holding were 75,534 shares as of 2018-03-31.

New Purchase: SPDR Bloomberg Barclays Investment Grade Floating (FLRN)

Parsons Capital Management Inc initiated holding in SPDR Bloomberg Barclays Investment Grade Floating . The purchase prices were between $30.66 and $30.79, with an estimated average price of $30.73. The stock is now traded at around $30.79. The impact to a portfolio due to this purchase was 0.11%. The holding were 30,372 shares as of 2018-03-31.

New Purchase: Micron Technology Inc (MU)

Parsons Capital Management Inc initiated holding in Micron Technology Inc. The purchase prices were between $39.4 and $61.15, with an estimated average price of $47.87. The stock is now traded at around $53.49. The impact to a portfolio due to this purchase was 0.09%. The holding were 15,140 shares as of 2018-03-31.

New Purchase: PowerShares Ultra Short Duration Portfolio (GSY)

Parsons Capital Management Inc initiated holding in PowerShares Ultra Short Duration Portfolio. The purchase prices were between $50.15 and $50.25, with an estimated average price of $50.2. The stock is now traded at around $50.25. The impact to a portfolio due to this purchase was 0.08%. The holding were 13,023 shares as of 2018-03-31.

New Purchase: SPDR Blackstone GSO Senior Loan (SRLN)

Parsons Capital Management Inc initiated holding in SPDR Blackstone GSO Senior Loan. The purchase prices were between $47.23 and $47.65, with an estimated average price of $47.41. The stock is now traded at around $47.29. The impact to a portfolio due to this purchase was 0.04%. The holding were 7,047 shares as of 2018-03-31.

New Purchase: SPDR Wells Fargo Preferred Stock (PSK)

Parsons Capital Management Inc initiated holding in SPDR Wells Fargo Preferred Stock. The purchase prices were between $42.07 and $43.83, with an estimated average price of $43.11. The stock is now traded at around $42.65. The impact to a portfolio due to this purchase was 0.04%. The holding were 8,150 shares as of 2018-03-31.

Added: Berkshire Hathaway Inc (BRK.B)

Parsons Capital Management Inc added to a holding in Berkshire Hathaway Inc by 22.63%. The purchase prices were between $191.42 and $217.25, with an estimated average price of $205.28. The stock is now traded at around $196.18. The impact to a portfolio due to this purchase was 0.65%. The holding were 150,797 shares as of 2018-03-31.

Added: Visa Inc (V)

Parsons Capital Management Inc added to a holding in Visa Inc by 23.91%. The purchase prices were between $113.86 and $126.32, with an estimated average price of $121.2. The stock is now traded at around $129.82. The impact to a portfolio due to this purchase was 0.08%. The holding were 30,191 shares as of 2018-03-31.

Added: Goldman Sachs Group Inc (GS)

Parsons Capital Management Inc added to a holding in Goldman Sachs Group Inc by 143.16%. The purchase prices were between $245.26 and $273.38, with an estimated average price of $260.32. The stock is now traded at around $236.94. The impact to a portfolio due to this purchase was 0.06%. The holding were 3,448 shares as of 2018-03-31.

Added: Align Technology Inc (ALGN)

Parsons Capital Management Inc added to a holding in Align Technology Inc by 90.97%. The purchase prices were between $220.71 and $283.97, with an estimated average price of $256.81. The stock is now traded at around $298.02. The impact to a portfolio due to this purchase was 0.06%. The holding were 4,587 shares as of 2018-03-31.

Added: iShares Core MSCI EAFE (IEFA)

Parsons Capital Management Inc added to a holding in iShares Core MSCI EAFE by 62.31%. The purchase prices were between $64.18 and $70.84, with an estimated average price of $67.19. The stock is now traded at around $67.25. The impact to a portfolio due to this purchase was 0.05%. The holding were 16,815 shares as of 2018-03-31.

Added: Park City Group Inc (PCYG)

Parsons Capital Management Inc added to a holding in Park City Group Inc by 39.91%. The purchase prices were between $8.65 and $11.7, with an estimated average price of $9.89. The stock is now traded at around $7.70. The impact to a portfolio due to this purchase was 0.05%. The holding were 165,342 shares as of 2018-03-31.

Sold Out: Bioverativ Inc (BIVV)

Parsons Capital Management Inc sold out a holding in Bioverativ Inc. The sale prices were between $54.95 and $104.98, with an estimated average price of $91.34.

Sold Out: Washington Trust Bancorp Inc (WASH)

Parsons Capital Management Inc sold out a holding in Washington Trust Bancorp Inc. The sale prices were between $51.85 and $56.55, with an estimated average price of $54.21.

Sold Out: PPG Industries Inc (PPG)

Parsons Capital Management Inc sold out a holding in PPG Industries Inc. The sale prices were between $109.48 and $121.47, with an estimated average price of $115.5.

Sold Out: iShares MSCI Australia Index Fund (EWA)

Parsons Capital Management Inc sold out a holding in iShares MSCI Australia Index Fund. The sale prices were between $21.83 and $24.11, with an estimated average price of $23.06.

Sold Out: Vanguard Total Bond Market (BND)

Parsons Capital Management Inc sold out a holding in Vanguard Total Bond Market. The sale prices were between $79.27 and $81.41, with an estimated average price of $80.06.

Sold Out: iShares Nasdaq Biotechnology Index Fund (IBB)

Parsons Capital Management Inc sold out a holding in iShares Nasdaq Biotechnology Index Fund. The sale prices were between $104.86 and $118.5, with an estimated average price of $110.79.

Reduced: General Electric Co (GE)

Parsons Capital Management Inc reduced to a holding in General Electric Co by 39.33%. The sale prices were between $12.89 and $19.02, with an estimated average price of $15.54. The stock is now traded at around $15.00. The impact to a portfolio due to this sale was -0.24%. Parsons Capital Management Inc still held 190,582 shares as of 2018-03-31.

Reduced: Schwab Short-Term U.S. Treasury (SCHO)

Parsons Capital Management Inc reduced to a holding in Schwab Short-Term U.S. Treasury by 53.8%. The sale prices were between $49.74 and $50.04, with an estimated average price of $49.85. The stock is now traded at around $49.61. The impact to a portfolio due to this sale was -0.08%. Parsons Capital Management Inc still held 11,333 shares as of 2018-03-31.

Reduced: Vanguard Real Estate (VNQ)

Parsons Capital Management Inc reduced to a holding in Vanguard Real Estate by 57.63%. The sale prices were between $72.34 and $82.67, with an estimated average price of $76.53. The stock is now traded at around $75.85. The impact to a portfolio due to this sale was -0.07%. Parsons Capital Management Inc still held 5,545 shares as of 2018-03-31.



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