SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Palisade Asset Management, LLC

CIK 0001434323 · 100 SOUTH FIFTH STREET, SUITE 420, MINNEAPOLIS, MN, 55402 · 612-455-2900

Reported Value
$862M
Q2 2023
Positions
181
Filings on Record
30
2019–present window
Filed
Aug 8, 2023
original filing

Summary

Palisade Asset Management, LLC reported $862M in U.S.-listed holdings across 181 positions for Q2 2023.

Its largest position, MSFT, represents 6.2% of the portfolio.

Compared with Q1 2023, the fund opened 8 new positions and exited 3.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $682MQ4 ’18Q1 ’19: $631MQ2 ’19: $644MQ3 ’19: $656MQ4 ’19: $684MQ4 ’19Q1 ’20: $549MQ2 ’20: $627MQ3 ’20: $664MQ4 ’20: $734MQ4 ’20Q1 ’21: $777MQ2 ’21: $850MQ3 ’21: $820MQ4 ’21: $894MQ4 ’21Q1 ’22: $872MQ2 ’22: $778MQ3 ’22: $729MQ4 ’22: $873MQ4 ’22Q1 ’23: $816MQ2 ’23: $862MQ3 ’23: $823MQ4 ’23: $912MQ4 ’23Q1 ’24: $1.0BQ2 ’24: $967MQ3 ’24: $1.0BQ4 ’24: $986MQ4 ’24Q1 ’25: $974MQ2 ’25: $1.0BQ3 ’25: $1.1BQ4 ’25: $1.0BQ4 ’25Q1 ’26: $996Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 88.6%ETP: 7.7%Other: 2.4%REIT: 1.0%ADR: 0.3%
  • Common Stock · 88.6% · $764M
  • ETP · 7.7% · $66M
  • Other · 2.4% · $21M
  • REIT · 1.0% · $8M
  • ADR · 0.3% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+7.5K7.5K+$365,582$365,582
SHELSHELL PLCNEW+4.7K4.7K+$285,054$285,054
AMERICAN CENTY ETF TRNEW+4.8K4.8K+$278,590$278,590
ISHARES TRNEW+3.6K3.6K+$239,450$239,450
EATON CORP PLCNEW+1.1K1.1K+$227,645$227,645
DALDELTA AIR LINES INC DELNEW+4.4K4.4K+$209,699$209,699
KNFKNIFE RIVER CORPNEW+4.7K4.7K+$202,493$202,493
AVGOBROADCOM INCNEW+232232+$201,244$201,244

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

Holdings — Q2 2023

50 positions
#IssuerClass% PortfolioValueShares
1MSFTMicrosoft CorpCOM6.24%$54M158.0K
2AAPLApple IncCOM5.27%$45M234.4K
3ORCLOracle CorpCOM2.89%$25M209.4K
4HDHOME DEPOT INCCOM2.73%$24M75.7K
5ABTABBOTT LABSCOM2.62%$23M207.2K
6SPDR S&P 500 ETF TRTR UNIT2.48%$21M48.3K
7UNHUnitedHealth Group IncCOM2.39%$21M42.9K
8CSCOCISCO SYS INCCOM2.24%$19M373.8K
9PGPROCTER AND GAMBLE COCOM2.19%$19M124.3K
10DYHTarget CorpCOM2.10%$18M137.3K
11AMGNAmgen IncCOM1.96%$17M76.2K
12JNJJohnson & JohnsonCOM1.88%$16M98.1K
13PEPPepsiCo IncCOM1.86%$16M86.8K
14DEDeere & CoCOM1.85%$16M39.4K
15ECLEcolab IncCOM1.80%$16M83.2K
16MCDMCDONALDS CORPCOM1.70%$15M49.1K
17ADPAUTOMATIC DATA PROCESSING INCOM1.70%$15M66.6K
18IBMINTERNATIONAL BUSINESS MACHSCOM1.64%$14M106.0K
19CHVCHEVRON CORP NEWCOM1.63%$14M89.2K
20JPMJPMorgan Chase & CoCOM1.41%$12M83.8K
21SYKSTRYKER CORPORATIONCOM1.40%$12M39.7K
22BDXBECTON DICKINSON & COCOM1.34%$12M43.9K
23VVISA INCCOM CL A1.32%$11M47.8K
24MMM3M CoCOM1.28%$11M110.1K
25LLYLILLY ELI & COCOM1.23%$11M22.7K
26ACCENTURE PLC IRELANDSHS CLASS A1.18%$10M32.9K
27TJXTJX COS INC NEWCOM1.18%$10M119.7K
28HRLHormel Foods CorpCOM1.17%$10M250.8K
29BALLBALL CORPCOM1.12%$10M165.7K
30GDGeneral Dynamics CorpCOM1.12%$10M44.8K
31RYROYAL BK CDACOM1.09%$9M98.8K
32BLKCHFBLACKROCK INCCOM1.07%$9M13.4K
33SYYSysco CorpCOM1.07%$9M124.6K
34CLCOLGATE PALMOLIVE COCOM1.02%$9M114.4K
35LHXL3HARRIS TECHNOLOGIES INCCOM1.00%$9M44.2K
36AMTAMERICAN TOWER CORP NEWCOM0.98%$8M43.6K
37USBUS BANCORP DELCOM0.96%$8M250.4K
38ABBVAbbVie IncCOM0.93%$8M59.2K
39RTXRAYTHEON TECHNOLOGIES CORPCOM0.86%$7M76.1K
40ISHARES TRRUSSELL 2000 ETF0.84%$7M38.9K
41MDYSPDR S&P MIDCAP 400 ETF TRUTSER1 S&PDCRP0.84%$7M15.0K
42BAXBAXTER INTL INCCOM0.76%$7M143.8K
43DCIDONALDSON INCCOM0.75%$6M103.7K
44XELXcel Energy IncCOM0.75%$6M103.4K
45GISGENERAL MLS INCCOM0.74%$6M82.8K
46EXMOCExxon Mobil CorpCOM0.73%$6M58.9K
47DHRDANAHER CORPORATIONCOM0.69%$6M24.7K
48INTCIntel CorpCOM0.67%$6M173.8K
49AFLAflac IncCOM0.66%$6M81.4K
50GGGGraco IncCOM0.66%$6M65.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$996M195Apr 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.0B193Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.1B701Nov 17, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.0B193Aug 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$974M192Apr 23, 202513F-HRchanges · EDGAR ↗
Q4 2024$986M193Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.0B197Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$967M191Aug 2, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.0B407May 1, 202413F-HRchanges · EDGAR ↗
Q4 2023$912M198Feb 6, 202413F-HRchanges · EDGAR ↗
Q3 2023$823M179Nov 7, 202313F-HRchanges · EDGAR ↗
Q2 2023$862M181Aug 8, 202313F-HRchanges · EDGAR ↗
Q1 2023$816M176May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$873M185Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$729M172Nov 9, 202213F-HRchanges · EDGAR ↗
Q2 2022$778M177Aug 5, 202213F-HRchanges · EDGAR ↗
Q1 2022$872M182Apr 21, 202213F-HRchanges · EDGAR ↗
Q4 2021$894M182Feb 1, 202213F-HRchanges · EDGAR ↗
Q3 2021$820M185Oct 25, 202113F-HRchanges · EDGAR ↗
Q2 2021$850M179Jul 22, 202113F-HRchanges · EDGAR ↗
Q1 2021$777M173May 4, 202113F-HRchanges · EDGAR ↗
Q4 2020$734M177Feb 3, 202113F-HRchanges · EDGAR ↗
Q3 2020$664M169Oct 26, 202013F-HRchanges · EDGAR ↗
Q2 2020$627M165Jul 27, 202013F-HRchanges · EDGAR ↗
Q1 2020$549M165Apr 24, 202013F-HRchanges · EDGAR ↗
Q4 2019$684M176Jan 16, 202013F-HRchanges · EDGAR ↗
Q3 2019$656M170Oct 16, 201913F-HRchanges · EDGAR ↗
Q2 2019$644M168Jul 25, 201913F-HRchanges · EDGAR ↗
Q1 2019$631M174Apr 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$682M156Jan 16, 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 ↗.