SEC 13F Intelligence

Managers / Q4 2021 · view latest →

BENNICAS & ASSOCIATES, INC.

CIK 0001056821 · 838 PORTOLA ROAD, PORTOLA VALLEY, CA, 94028 · 6508514601

Reported Value
$192M
Q4 2021
Positions
101
Filings on Record
18
2019–present window
Filed
Jan 14, 2022
original filing

Summary

Bennicas & Associates, Inc. reported $192M in U.S.-listed holdings across 101 positions for Q4 2021.

Its largest position, PG, represents 12.9% of the portfolio.

Compared with Q3 2021, the fund opened 3 new positions and exited 1.

Portfolio Metrics

Turnover
+2.9%
vs prior filed quarter
Top-10 Concentration
+38.4%
share of reported value
Largest Position
+12.9%
Procter Gamble
New / Exited
3 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $109MQ4 ’18Q1 ’19: $114MQ2 ’19: $120MQ2 ’19Q3 ’19: $129MQ4 ’19: $138MQ4 ’19Q1 ’20: $113MQ2 ’20: $133MQ2 ’20Q3 ’20: $161MQ4 ’20: $172MQ4 ’20Q1 ’21: $174MQ2 ’21: $182MQ2 ’21Q3 ’21: $178MQ4 ’21: $192MQ4 ’21Q1 ’22: $199MQ2 ’22: $171MQ2 ’22Q3 ’22: $157Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 65.3%Other: 16.7%ETP: 7.6%REIT: 5.1%ADR: 4.1%Closed-End Fund: 1.2%
  • Common Stock · 65.3% · $126M
  • Other · 16.7% · $32M
  • ETP · 7.6% · $15M
  • REIT · 5.1% · $10M
  • ADR · 4.1% · $8M
  • Closed-End Fund · 1.2% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Fed ExNEW+2.5K2.5K+$634,000$634,000
CATCaterpillar Inc.NEW+1.1K1.1K+$238,000$238,000
Invesco QQQ Trust (fmly. PowerNEW+514514+$205,000$205,000
LMTLockheed Martin Corp.ADDED+4.4K8.0K+$2M$3M
Catchmark Timber Trust, Inc. CSOLD OUT115.8K0$1M$0
MCHPMicrochip Technology, Inc.ADDED+21.8K43.9K+$430,000$4M
INTCIntel Corp.ADDED+15.8K46.5K+$762,000$2M
Direxion Daily S&P 500 Bear 1XTRIMMED68.2K82.3K$1M$1M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2021

101 positions
#IssuerClass% PortfolioValueShares
1PGProcter & Gamblehistory →COM12.93%$25M152.0K
2STPZPimco 1-5 Year U.S. TIPS Indexhistory →COM5.69%$11M198.1K
3NEMNewmont Goldcorp (fmly.Newmohistory →COM4.01%$8M124.2K
4ABBVAbbVie, Inc.history →COM2.88%$6M40.9K
5MSFTMicrosofthistory →COM2.52%$5M14.4K
6FNVFranco-Nevada Corp.history →COM2.24%$4M31.2K
7Sprott Physical Gold & SilverCOM2.22%$4M240.2K
8CSXCSX Corp.history →COM2.08%$4M106.4K
9MCHPMicrochip Technology, Inc.history →COM1.99%$4M43.9K
10TGTTarget Storeshistory →COM1.81%$3M15.0K
11ProShares Short S&P 500COM1.81%$3M255.0K
12CPRTCopart Inc.history →COM1.58%$3M20.0K
13Bunge Ltd.COM1.47%$3M30.3K
14LMTLockheed Martin Corp.history →COM1.47%$3M8.0K
15Wheaton Precious Metals (SilveCOM1.47%$3M65.7K
16AMGNAmgen Inc.history →COM1.46%$3M12.5K
17PAASPan American Silver Corp.history →COM1.42%$3M109.5K
18LLYLilly, Elihistory →COM1.42%$3M9.9K
19Merck & Co.COM1.42%$3M35.5K
20AXPAmerican Expresshistory →COM1.40%$3M16.4K
21Sprott Physical Gold TrustCOM1.37%$3M183.7K
22PSAPublic Storagehistory →COM1.32%$3M6.8K
23CLXClorox Co.history →COM1.30%$2M14.3K
24TTENTotalEnergies SE (frmly Totalhistory →COM1.29%$2M50.2K
25Invesco PureBeta 0-5 Yr US TIPCOM1.29%$2M93.4K
26FCXFreeport McMoRan Inc.history →COM1.26%$2M58.0K
27INTCIntel Corp.history →COM1.25%$2M46.5K
28GRXThe Gabelli Healthcare and Welhistory →COM1.18%$2M167.4K
29ESSEssex Property Trusthistory →COM1.17%$2M6.4K
30Kirkland Lake Gold Ltd.COM1.15%$2M52.9K
31MINTPimco Enhanced Short Maturityhistory →COM1.14%$2M21.5K
32PEPPepsico Inc.history →COM1.13%$2M12.5K
33ABTAbbott Laboratorieshistory →COM1.09%$2M14.9K
34CVXChevron Corporation (fmly. Chehistory →COM1.07%$2M17.5K
35VZVerizon CorporationCOM1.00%$2M36.8K
36SOSouthern CompanyCOM0.93%$2M26.1K
37HEHawaiian ElectricCOM0.91%$2M42.2K
38AAPLApple ComputerCOM0.91%$2M9.8K
39Sprott Physical Silver TrustCOM0.87%$2M208.3K
40YRIYamana Gold, Inc.COM0.87%$2M394.7K
41BMYBristol-Myers SquibbCOM0.85%$2M26.1K
42W.P. Carey, Inc.COM0.82%$2M19.2K
43VMWare, Inc.COM0.79%$2M13.1K
44SCHPSchwab US TIPS ETFCOM0.76%$1M23.2K
45WYWeyerhaeuser Co.COM0.74%$1M34.6K
46KMBKimberly-ClarkCOM0.71%$1M9.6K
47GILDGilead Sciences, Inc.COM0.69%$1M18.4K
48VTRVentas, Inc.COM0.69%$1M25.9K
49GLDDGreat Lakes Dredge & Dock CorpCOM0.66%$1M80.5K
50JNJJohnson & JohnsonCOM0.65%$1M7.2K
51TAT&T Corp. (New)COM0.64%$1M50.3K
52NUENucor CorporationCOM0.64%$1M10.8K
53SNYSanofi-Aventis SACOM0.63%$1M24.2K
54OGZDOpen Joint Stock Co. GazpromCOM0.62%$1M130.5K
55Atlassian CorporationCOM0.60%$1M3.0K
56Direxion Daily S&P 500 Bear 1XCOM0.60%$1M82.3K
57Unilever PLCCOM0.60%$1M21.4K
58Anheuser Busch InBevCOM0.60%$1M18.9K
59AEMAgnico Eagle Miners LimitedCOM0.57%$1M20.5K
60COPConocoPhillipsCOM0.53%$1M14.2K
61MNODNorilsk Nickel Mining & MetallCOM0.52%$994,00032.4K
62QCOMQualcomm Inc.COM0.50%$965,0005.3K
63KELKellogg Co.COM0.49%$949,00014.7K
64Regeneron Pharmaceuticals, IncCOM0.49%$938,0001.5K
65VWDRYVestas Wind Systems A/SCOM0.47%$898,00088.3K
66SPDR FTSE Int'l Gov't Inflt PrCOM0.46%$882,00016.4K
67ASA (Bermuda) LimitedCOM0.46%$875,00041.5K
68BHPBHP Billiton Ltd.COM0.42%$817,00013.5K
69OXYOccidental PetroleumCOM0.42%$806,00027.8K
70DOCHealthpeak Properties Inc (frmCOM0.38%$737,00020.4K
71DNP Select Income Fund (fmly.COM0.38%$737,00067.8K
72ORCLOracle Corp.COM0.38%$724,0008.3K
73Petroleo Brasileiro S.A.COM0.36%$684,00062.3K
74Equinor ASA (formerly StatoilCOM0.35%$674,00025.6K
75Duke Realty Corp. (fmly. Duke-COM0.33%$637,0009.7K
76Fed ExCOM0.33%$634,0002.5K
77RYNRayonier Inc.COM0.31%$605,00015.0K
78LEGLeggett & Platt, Inc.COM0.31%$593,00014.4K
79KGCKinross Gold CorporationCOM0.28%$529,00091.1K
80AGIAlamos Gold IncCOM0.26%$498,00064.7K
81NetApp, Inc.COM0.25%$474,0005.2K
82ELANElanco Animal HealthCOM0.24%$463,00016.3K
83Carrier Global CorporationCOM0.22%$428,0007.9K
84PSXPhillips 66COM0.20%$388,0005.4K
85Otis Worldwide CorporationCOM0.18%$349,0004.0K
86SLBSchlumberger, Ltd.COM0.18%$344,00011.5K
87Market Vectors Gold Miners ETFCOM0.17%$333,00010.4K
88TRMBTrimble Navigation Ltd.COM0.17%$326,0003.7K
89RFRegions Financial CorporationCOM0.17%$318,00014.6K
90Duke EnergyCOM0.14%$270,0002.6K
91PPGPPG IndustriesCOM0.14%$261,0001.5K
92ORealty Income Corp.COM0.14%$261,0003.6K
93Pretium Resources Inc.COM0.13%$249,00017.7K
94AngloGold Ashanti Ltd.COM0.13%$249,00011.9K
95CATCaterpillar Inc.COM0.12%$238,0001.1K
96Invesco QQQ Trust (fmly. PowerCOM0.11%$205,000514
97IAGIAMGOLD CorporationCOM0.10%$186,00059.3K
98NGNovaGold Resources Inc.COM0.10%$185,00026.9K
99HLHecla MiningCOM0.08%$155,00029.8K
100McEwen Mining Inc.COM0.01%$17,00019.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2023Under review99Mar 1, 2023RESTATEMENTchanges · EDGAR ↗
Q4 2022Under review99Jan 12, 202313F-HRchanges · EDGAR ↗
Q3 2022$157M98Oct 13, 202213F-HRchanges · EDGAR ↗
Q2 2022$171M101Jul 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$199M106Apr 15, 202213F-HRchanges · EDGAR ↗
Q4 2021$192M101Jan 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$178M99Oct 8, 202113F-HRchanges · EDGAR ↗
Q2 2021$182M99Jul 9, 202113F-HRchanges · EDGAR ↗
Q1 2021$174M99Apr 15, 202113F-HRchanges · EDGAR ↗
Q4 2020$172M99Jan 15, 202113F-HRchanges · EDGAR ↗
Q3 2020$161M94Oct 15, 202013F-HRchanges · EDGAR ↗
Q2 2020$133M82Jul 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$113M78Apr 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$138M85Jan 17, 202013F-HRchanges · EDGAR ↗
Q3 2019$129M83Oct 7, 201913F-HRchanges · EDGAR ↗
Q2 2019$120M83Jul 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$114M82Apr 16, 201913F-HRchanges · EDGAR ↗
Q4 2018$109M87Jan 18, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.