SEC 13F Intelligence

Managers / Q1 2022 · view latest →

BENNICAS & ASSOCIATES, INC.

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

Reported Value
$199M
Q1 2022
Positions
106
Filings on Record
18
2019–present window
Filed
Apr 15, 2022
original filing

Summary

Bennicas & Associates, Inc. reported $199M in U.S.-listed holdings across 106 positions for Q1 2022.

Its largest position, PG, represents 11.3% of the portfolio.

Compared with Q4 2021, the fund opened 9 new positions and exited 4.

Portfolio Metrics

Turnover
+7.0%
vs prior filed quarter
Top-10 Concentration
+38.1%
share of reported value
Largest Position
+11.3%
Procter Gamble
New / Exited
9 / 4
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: 66.9%Other: 16.3%ETP: 7.2%REIT: 4.9%ADR: 3.6%Closed-End Fund: 1.1%
  • Common Stock · 66.9% · $133M
  • Other · 16.3% · $32M
  • ETP · 7.2% · $14M
  • REIT · 4.9% · $10M
  • ADR · 3.6% · $7M
  • Closed-End Fund · 1.1% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VALEVale S.A.NEW+54.5K54.5K+$1M$1M
Transocean, Ltd.NEW+92.5K92.5K+$423,000$423,000
Newcrest Mining LimitedNEW+14.3K14.3K+$286,000$286,000
CAHCardinal HealthNEW+4.3K4.3K+$244,000$244,000
SCCOSouthern Copper CorporationNEW+3.0K3.0K+$228,000$228,000
ABXBarrick Gold CorporationNEW+9.1K9.1K+$223,000$223,000
UTXZRaytheon Technologies (frmly UNEW+2.2K2.2K+$218,000$218,000
NSCNorfolk SouthernNEW+750750+$214,000$214,000

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

Holdings — Q1 2022

106 positions
#IssuerClass% PortfolioValueShares
1PGProcter & Gamblehistory →COM11.33%$23M147.7K
2STPZPimco 1-5 Year U.S. TIPS Indexhistory →COM5.40%$11M197.4K
3NEMNewmont Goldcorp (fmly.Newmohistory →COM5.08%$10M127.2K
4ABBVAbbVie, Inc.history →COM2.99%$6M36.8K
5FNVFranco-Nevada Corp.history →COM2.51%$5M31.3K
6Sprott Physical Gold & SilverCOM2.34%$5M240.7K
7ProShares Short S&P 500COM2.24%$4M317.1K
8MSFTMicrosofthistory →COM2.21%$4M14.3K
9AEMAgnico Eagle Miners Limitedhistory →COM2.14%$4M69.7K
10CSXCSX Corp.history →COM1.90%$4M100.8K
11LMTLockheed Martin Corp.history →COM1.69%$3M7.6K
12MCHPMicrochip Technology, Inc.history →COM1.62%$3M43.0K
13Bunge Ltd.COM1.62%$3M29.1K
14Wheaton Precious Metals (SilveCOM1.57%$3M65.7K
15PAASPan American Silver Corp.history →COM1.53%$3M111.6K
16AXPAmerican Expresshistory →COM1.52%$3M16.2K
17AMGNAmgen Inc.history →COM1.50%$3M12.3K
18TGTTarget Storeshistory →COM1.47%$3M13.8K
19FCXFreeport McMoRan Inc.history →COM1.46%$3M58.6K
20Merck & Co.COM1.46%$3M35.5K
21Sprott Physical Gold TrustCOM1.42%$3M183.7K
22CVXChevron Corporation (fmly. Chehistory →COM1.42%$3M17.3K
23TTENTotalEnergies SE (frmly Totalhistory →COM1.29%$3M50.7K
24PSAPublic Storagehistory →COM1.25%$2M6.4K
25Invesco PureBeta 0-5 Yr US TIPCOM1.23%$2M93.4K
26CPRTCopart Inc.history →COM1.23%$2M19.5K
27INTCIntel Corp.history →COM1.19%$2M47.8K
28LLYLilly, Elihistory →COM1.18%$2M8.2K
29YRIYamana Gold, Inc.history →COM1.16%$2M413.8K
30ESSEssex Property Trusthistory →COM1.09%$2M6.3K
31MINTPimco Enhanced Short Maturityhistory →COM1.08%$2M21.5K
32GRXThe Gabelli Healthcare and Welhistory →COM1.08%$2M167.4K
33PEPPepsico Inc.history →COM1.03%$2M12.2K
34CLXClorox Co.COM0.99%$2M14.1K
35VZVerizon CorporationCOM0.98%$2M38.3K
36BMYBristol-Myers SquibbCOM0.95%$2M26.0K
37SOSouthern CompanyCOM0.95%$2M26.1K
38VMWare, Inc.COM0.92%$2M16.0K
39Sprott Physical Silver TrustCOM0.92%$2M207.9K
40HEHawaiian ElectricCOM0.89%$2M41.8K
41ABTAbbott LaboratoriesCOM0.86%$2M14.4K
42NUENucor CorporationCOM0.85%$2M11.3K
43AAPLApple ComputerCOM0.82%$2M9.4K
44VTRVentas, Inc.COM0.80%$2M25.9K
45W.P. Carey, Inc.COM0.78%$2M19.2K
46OXYOccidental PetroleumCOM0.78%$2M27.2K
47TAT&T Corp. (New)COM0.73%$1M61.2K
48COPConocoPhillipsCOM0.71%$1M14.2K
49SCHPSchwab US TIPS ETFCOM0.71%$1M23.2K
50Direxion Daily S&P 500 Bear 1XCOM0.70%$1M95.7K
51JNJJohnson & JohnsonCOM0.70%$1M7.9K
52WYWeyerhaeuser Co.COM0.66%$1M34.6K
53KMBKimberly-ClarkCOM0.64%$1M10.3K
54SNYSanofi-Aventis SACOM0.62%$1M24.1K
55Anheuser Busch InBevCOM0.58%$1M19.1K
56GLDDGreat Lakes Dredge & Dock CorpCOM0.57%$1M80.5K
57VALEVale S.A.COM0.55%$1M54.5K
58GILDGilead Sciences, Inc.COM0.54%$1M18.2K
59BHPBHP Billiton Ltd.COM0.53%$1M13.5K
60Regeneron Pharmaceuticals, IncCOM0.49%$985,0001.4K
61Unilever PLCCOM0.49%$976,00021.4K
62Equinor ASA (formerly StatoilCOM0.48%$960,00025.6K
63ASA (Bermuda) LimitedCOM0.47%$930,00041.5K
64Petroleo Brasileiro S.A.COM0.46%$922,00062.3K
65KELKellogg Co.COM0.45%$901,00014.0K
66Atlassian CorporationCOM0.45%$896,0003.0K
67SPDR FTSE Int'l Gov't Inflt PrCOM0.44%$885,00016.4K
68VWDRYVestas Wind Systems A/SCOM0.44%$871,00088.3K
69DNP Select Income Fund (fmly.COM0.40%$802,00067.8K
70QCOMQualcomm Inc.COM0.40%$795,0005.2K
71DOCHealthpeak Properties Inc (frmCOM0.35%$701,00020.4K
72ORCLOracle Corp.COM0.32%$645,0007.8K
73RYNRayonier Inc.COM0.31%$609,00014.8K
74Duke Realty Corp. (fmly. Duke-COM0.28%$563,0009.7K
75AGIAlamos Gold IncCOM0.27%$545,00064.7K
76Fed ExCOM0.27%$544,0002.4K
77PSXPhillips 66COM0.27%$544,0006.3K
78KGCKinross Gold CorporationCOM0.27%$533,00090.6K
79LEGLeggett & Platt, Inc.COM0.25%$501,00014.4K
80SLBSchlumberger, Ltd.COM0.24%$475,00011.5K
81ELANElanco Animal HealthCOM0.21%$425,00016.3K
82NetApp, Inc.COM0.21%$423,0005.1K
83Transocean, Ltd.COM0.21%$423,00092.5K
84Market Vectors Gold Miners ETFCOM0.20%$399,00010.4K
85Carrier Global CorporationCOM0.18%$362,0007.9K
86RFRegions Financial CorporationCOM0.16%$325,00014.6K
87Otis Worldwide Corp.COM0.15%$308,0004.0K
88TRMBTrimble Navigation Ltd.COM0.15%$299,0004.1K
89Duke EnergyCOM0.14%$287,0002.6K
90Newcrest Mining LimitedCOM0.14%$286,00014.3K
91AngloGold Ashanti Ltd.COM0.14%$280,00011.8K
92CATCaterpillar Inc.COM0.13%$256,0001.1K
93CAHCardinal HealthCOM0.12%$244,0004.3K
94ORealty Income Corp.COM0.12%$239,0003.5K
95SCCOSouthern Copper CorporationCOM0.11%$228,0003.0K
96IAGIAMGOLD CorporationCOM0.11%$225,00064.8K
97ABXBarrick Gold CorporationCOM0.11%$223,0009.1K
98UTXZRaytheon Technologies (frmly UCOM0.11%$218,0002.2K
99NSCNorfolk SouthernCOM0.11%$214,000750
100AVAAvista (formerly Washington WaCOM0.11%$212,0004.7K

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 ↗.