SEC 13F Intelligence

Managers / Q1 2019 · view latest →

Granite Investment Advisors, LLC

CIK 0001464586 · 6 EAGLE SQUARE, 3RD FLOOR, CONCORD, NH, 03301 · 603-226-6600

Reported Value
$520M
Q1 2019
Positions
153
Filings on Record
12
2019–present window
Filed
Apr 24, 2019
original filing

Summary

Granite Investment Advisors, LLC reported $520M in U.S.-listed holdings across 153 positions for Q1 2019.

Its largest position, BRK/B, represents 3.5% of the portfolio.

Compared with Q4 2018, the fund opened 11 new positions and exited 11.

Portfolio Metrics

Turnover
+5.2%
vs prior filed quarter
Top-10 Concentration
+27.4%
share of reported value
Largest Position
+3.5%
Berkshire Hathaway Cl B
New / Exited
11 / 11
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: $476MQ4 ’18Q1 ’19: $520MQ2 ’19: $532MQ2 ’19Q3 ’19: $510MQ4 ’19: $531MQ4 ’19Q1 ’20: $402MQ2 ’20: $462MQ2 ’20Q3 ’20: $512MQ4 ’20: $562MQ4 ’20Q1 ’21: $598MQ2 ’21: $639MQ2 ’21Q3 ’21: $618Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 75.3%ETP: 8.7%Other: 7.5%ADR: 6.4%REIT: 1.7%Other: 0.3%
  • Common Stock · 75.3% · $391M
  • ETP · 8.7% · $45M
  • Other · 7.5% · $39M
  • ADR · 6.4% · $34M
  • REIT · 1.7% · $9M
  • Other · 0.3% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2018 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Sun Trust CoNEW+97.7K97.7K+$6M$6M
BMYBristol-Myers Squibb CoNEW+110.7K110.7K+$5M$5M
CRMSalesforce.comNEW+15.9K15.9K+$3M$3M
ADBEAdobe SystemsNEW+7.5K7.5K+$2M$2M
ISRGIntuitive Surgical Inc.NEW+3.0K3.0K+$2M$2M
AEPAmerican Electric Power IncNEW+20.7K20.7K+$2M$2M
MS Inst. Fd Tr Ultra-Short IncNEW+34.6K34.6K+$346,000$346,000
VEEVVeeva Systems Inc Class ANEW+2.5K2.5K+$315,000$315,000

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

Holdings — Q1 2019

152 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBerkshire Hathaway Cl. Bhistory →Common Stock3.53%$18M91.2K
2AAPLApple Inc.history →Common Stock3.48%$18M95.1K
3JNJJohnson & Johnsonhistory →Common Stock3.20%$17M118.9K
4Royal Dutch Shell PLC - ClassCommon Stock2.56%$13M208.4K
5MSFTMicrosoft Corphistory →Common Stock2.53%$13M111.6K
6WMTWal Mart Stores Inc.history →Common Stock2.53%$13M134.9K
7TJXTJX Co., Inc.(New)history →Common Stock2.48%$13M242.1K
8ABTAbbott Labshistory →Common Stock2.43%$13M157.7K
9INTCIntel Corphistory →Common Stock2.41%$13M232.9K
10Unilever ADRCommon Stock2.27%$12M204.1K
11BABoeing Co.history →Common Stock2.22%$12M30.2K
12ORCLOracle Corp.history →Common Stock2.10%$11M203.7K
13UTXZUnited Technologieshistory →Common Stock1.77%$9M71.2K
14DEODiageo PLChistory →Common Stock1.76%$9M56.0K
15CMCSAComcast Corporation Class Ahistory →Common Stock1.75%$9M227.5K
16YUSDAlleghany Corp.history →Common Stock1.71%$9M14.6K
17TAT&T Corp.history →Common Stock1.56%$8M258.9K
18UNHUnitedHealth Group Inc.history →Common Stock1.55%$8M32.7K
19HONHoneywell Intlhistory →Common Stock1.55%$8M50.7K
20BDXBecton Dickinsonhistory →Common Stock1.54%$8M32.0K
21CCitigrouphistory →Common Stock1.52%$8M127.3K
22GMGeneral Motorshistory →Common Stock1.52%$8M213.4K
23FLOTiShares Floating Rate Bondhistory →Index share1.47%$8M150.4K
24ETNEaton Corp.history →Common Stock1.33%$7M86.1K
25PGRProgressive Corp.history →Common Stock1.32%$7M95.5K
26FDXFedEx Corporationhistory →Common Stock1.32%$7M37.7K
27CCLCarnival Cruisehistory →Common Stock1.21%$6M124.0K
28WBAWalgreens Boots Alliance, Inc.history →Common Stock1.19%$6M98.0K
29BNSBank of Nova Scotiahistory →Common Stock1.18%$6M115.1K
30SKTTanger Factory Outlet Centers,history →Common Stock1.16%$6M287.9K
31VTIPVanguard Short-Term Infl. Prothistory →Index share1.13%$6M120.4K
32Sun Trust CoCommon Stock1.11%$6M97.7K
33HUBBHubbell, Inc.history →Common Stock1.08%$6M47.5K
34EXMOCExxon Mobil Corp.history →Common Stock1.08%$6M69.2K
35BNYBank of New York Mellon Corp.history →Common Stock1.03%$5M106.4K
36BMYBristol-Myers Squibb Cohistory →Common Stock1.02%$5M110.7K
37CSCOCisco Systems Inc.Common Stock0.90%$5M86.3K
38COFCapital One Financial Corp.Common Stock0.85%$4M54.0K
39XLKTechnology Select SectorIndex share0.84%$4M59.3K
40TSTenaris S.A. ADSCommon Stock0.83%$4M153.5K
41GOOGLAlphabet Inc. Cl ACommon Stock0.80%$4M3.6K
42JPMJPMorgan Chase & Co.Common Stock0.80%$4M40.9K
43MCKMcKesson HBOC Inc.Common Stock0.78%$4M34.8K
44VIABViacom Inc. - Cl. BCommon Stock0.78%$4M144.2K
45ACNAccenture PLC - Cl.ACommon Stock0.77%$4M22.6K
46AMZNAmazon.Com Inc.Common Stock0.74%$4M2.2K
47VFHVanguard Financials ETFIndex share0.71%$4M57.1K
48Health Care Select Sector SpdrIndex share0.70%$4M39.7K
49MAMastercard IncCommon Stock0.69%$4M15.1K
50Industrial Select Sector SPDRIndex share0.68%$4M46.9K
51SYKStryker Corp.Common Stock0.66%$3M17.5K
52DISDisney, Walt & Co.Common Stock0.65%$3M30.3K
53NKENikeCommon Stock0.64%$3M39.6K
54RIGTransocean IncCommon Stock0.60%$3M356.0K
55HDHome DepotCommon Stock0.60%$3M16.1K
56SLBSchlumbergerCommon Stock0.59%$3M70.0K
57NTRNutrien Ltd.Common Stock0.58%$3M57.0K
58PGProctor & GambleCommon Stock0.58%$3M28.9K
59Consumer Discret Select SectorIndex share0.56%$3M25.5K
60EFAiShares MSCI EAFEIndex share0.55%$3M44.1K
61TelUS CorpCommon Stock0.55%$3M77.1K
62Royal Dutch Shell Plc Spons AdCommon Stock0.54%$3M45.1K
63SPGIS&P Global, Inc.Common Stock0.54%$3M13.2K
64MFCManulife Financial Corp.Common Stock0.53%$3M164.1K
65IGSBiShares Short-Term Corp. Bd ETIndex share0.53%$3M51.9K
66ZTSZoetis Inc.Common Stock0.53%$3M27.2K
67LMTLockheed-MartinCommon Stock0.53%$3M9.1K
68TTENTotal SA France Spons. ADRCommon Stock0.51%$3M47.5K
69SBUXStarbucks Corp.Common Stock0.50%$3M34.6K
70Cimarex EnergyCommon Stock0.49%$3M36.5K
71AXPAmerican Express CoCommon Stock0.49%$3M23.2K
72CRMSalesforce.comCommon Stock0.48%$3M15.9K
73IWMIshares Russell 2000Index share0.45%$2M15.3K
74IGIBiShares Intermediate-Term CorpIndex share0.44%$2M41.9K
75UPSUnited Parcel Service Inc. ClCommon Stock0.44%$2M20.6K
76STZConstellation Brand Cl A ClassCommon Stock0.44%$2M13.1K
77Energy Select Sector SPDRIndex share0.44%$2M34.4K
78VBKVanguard Small-Cap Growth ETFIndex share0.40%$2M11.6K
79METAFacebook, Inc.Common Stock0.39%$2M12.3K
80ADBEAdobe SystemsCommon Stock0.39%$2M7.5K
81ISRGIntuitive Surgical Inc.Common Stock0.33%$2M3.0K
82AEPAmerican Electric Power IncCommon Stock0.33%$2M20.7K
83IJHiShares Core S&P Mid-Cap ETFIndex share0.30%$2M8.3K
84VGKVanguard FTSE Europe ETFIndex share0.30%$2M28.9K
85ALXAlexanders, Inc.Common Stock0.30%$2M4.1K
86FTVFortive Corp.Common Stock0.28%$1M17.5K
87Consumer Staples Select SectorIndex share0.28%$1M26.0K
88VWOVanguard FTSE Emerging MarketsIndex share0.28%$1M34.3K
89MMM3M Co.Common Stock0.27%$1M6.7K
90MDYMidcap SPDR Trust Ser 1 - S&PIndex share0.24%$1M3.7K
91General ElectricCommon Stock0.24%$1M126.3K
92BABAAlibaba Group Hldgs Limited RSCommon Stock0.24%$1M6.8K
93IBMInternational Business MachineCommon Stock0.23%$1M8.5K
94VCITVanguard Interm- Corp Bnd FundIndex share0.23%$1M13.5K
95VZVerizon CommunicationsCommon Stock0.22%$1M19.5K
96MCDMcDonalds Corp.Common Stock0.22%$1M5.9K
97VNOVornado REITCommon Stock0.21%$1M16.5K
98XLCCommunication Services SelectIndex share0.20%$1M22.0K
99CORAmeriSourceBergenCommon Stock0.20%$1M12.9K
100Unilever NVCommon Stock0.19%$990,00017.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2021$618M177Nov 8, 202113F-HRchanges · EDGAR ↗
Q2 2021$639M185Jul 20, 202113F-HRchanges · EDGAR ↗
Q1 2021$598M178Apr 21, 202113F-HRchanges · EDGAR ↗
Q4 2020$562M168Jan 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$512M165Oct 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$462M156Jul 22, 202013F-HRchanges · EDGAR ↗
Q1 2020$402M143May 18, 202013F-HRchanges · EDGAR ↗
Q4 2019$531M166Jan 22, 202013F-HRchanges · EDGAR ↗
Q3 2019$510M164Oct 31, 201913F-HRchanges · EDGAR ↗
Q2 2019$532M161Jul 23, 201913F-HRchanges · EDGAR ↗
Q1 2019$520M153Apr 24, 201913F-HRchanges · EDGAR ↗
Q4 2018$476M153Jan 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 ↗.