SEC 13F Intelligence

Managers / Q3 2021

Granite Investment Advisors, LLC

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

Reported Value
$618M
Q3 2021
Positions
177
Filings on Record
12
2019–present window
Filed
Nov 8, 2021
original filing

Summary

Granite Investment Advisors, LLC reported $618M in U.S.-listed holdings across 177 positions for Q3 2021.

Its largest position, AAPL, represents 6.0% of the portfolio.

Compared with Q2 2021, the fund opened 8 new positions and exited 16.

Portfolio Metrics

Turnover
+4.7%
vs prior filed quarter
Top-10 Concentration
+26.8%
share of reported value
Largest Position
+6.0%
Apple
New / Exited
8 / 16
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. 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: 78.3%ETP: 14.4%ADR: 3.2%Other: 2.7%REIT: 1.1%Other: 0.3%
  • Common Stock · 78.3% · $483M
  • ETP · 14.4% · $89M
  • ADR · 3.2% · $20M
  • Other · 2.7% · $17M
  • REIT · 1.1% · $7M
  • Other · 0.3% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
General ElectricNEW+38.9K38.9K+$4M$4M
WSTWest Pharmaceutical Services,NEW+6.3K6.3K+$3M$3M
MRNAModerna, Inc.NEW+1.0K1.0K+$393,000$393,000
CRMSalesforce.comNEW+906906+$246,000$246,000
ARK Innovation ETFNEW+2.1K2.1K+$232,000$232,000
CRWDCrowdStrike Holdings, Inc.NEW+824824+$203,000$203,000
FTBFXFidelity Total BondNEW+13.9K13.9K+$154,000$154,000
Fidelity Floating Rate High InNEW+16.2K16.2K+$154,000$154,000

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

Holdings — Q3 2021

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApple Inc.history →Common Stock6.00%$37M261.9K
2MSFTMicrosoft Corphistory →Common Stock3.93%$24M86.1K
3ORCLOracle Corp.history →Common Stock3.19%$20M226.5K
4BRK/BBerkshire Hathaway Cl. Bhistory →Common Stock2.57%$16M58.1K
5DWDMorgan Stanleyhistory →Common Stock2.54%$16M161.1K
6JNJJohnson & Johnsonhistory →Common Stock1.85%$11M70.7K
7UNHUnitedHealth Group Inc.history →Common Stock1.78%$11M28.1K
8Technology Select SectorIndex share1.74%$11M72.0K
9ABTAbbott Labshistory →Common Stock1.69%$10M88.3K
10PGProctor & Gamblehistory →Common Stock1.52%$9M67.3K
11DISDisney, Walt & Co.history →Common Stock1.50%$9M54.7K
12CMCSAComcast Corporation Class Ahistory →Common Stock1.48%$9M163.1K
13iShares Short-Term Corp. Bd ETIndex share1.44%$9M162.5K
14GMGeneral Motorshistory →Common Stock1.37%$8M160.4K
15GOOGLAlphabet Inc. Cl Ahistory →Common Stock1.31%$8M3.0K
16LOWLowes Companieshistory →Common Stock1.30%$8M39.4K
17AMZNAmazon.Com Inc.history →Common Stock1.29%$8M2.4K
18Accenture PLC - Cl.ACommon Stock1.20%$7M23.1K
19SIEBSiemens AG Spons. ADRhistory →Common Stock1.19%$7M89.3K
20YUSDAlleghany Corp.history →Common Stock1.16%$7M11.5K
21iShares Floating Rate BondIndex share1.11%$7M135.3K
22WFCWells Fargo & Co.history →Common Stock1.11%$7M147.3K
23JPMJPMorgan Chase & Co.history →Common Stock1.10%$7M41.5K
24MMM3M Co.history →Common Stock1.07%$7M37.7K
25PGRProgressive Corp.history →Common Stock1.06%$7M72.7K
26BMYBristol-Myers Squibb Cohistory →Common Stock1.05%$6M109.6K
27COFCapital One Financial Corp.history →Common Stock1.05%$6M40.0K
28STTState Street Boston Corp.history →Common Stock1.05%$6M76.3K
29TJXTJX Co., Inc.(New)history →Common Stock1.03%$6M96.6K
30DOVDover Corp.history →Common Stock1.02%$6M40.6K
31FDXFedEx Corporationhistory →Common Stock1.02%$6M28.6K
32Health Care Select Sector SpdrIndex share1.00%$6M48.3K
33Vanguard Short-Term Infl. ProtIndex share0.99%$6M116.2K
34WMTWal Mart Stores Inc.Common Stock0.98%$6M43.3K
35TAT&T Corp.Common Stock0.98%$6M223.2K
36HONGBPHoneywell IntlCommon Stock0.97%$6M28.3K
37Vanguard Financials ETFIndex share0.97%$6M64.4K
38NEMNewmont Mining CorpCommon Stock0.95%$6M108.2K
39CECelanese CorpCommon Stock0.95%$6M39.0K
40WRKUSDWestRock CompanyCommon Stock0.92%$6M113.6K
41GWWGrainger, WW Inc.Common Stock0.90%$6M14.2K
42R6C2Royal Dutch Shell PLC - ClassCommon Stock0.90%$6M125.1K
43TAPMolson Coors Brewing Co. - BCommon Stock0.89%$5M118.0K
44PWRQuanta Services IncCommon Stock0.86%$5M46.7K
45MRKMerckCommon Stock0.84%$5M68.7K
46MCKMcKesson Inc.Common Stock0.81%$5M25.2K
47UPSUnited Parcel Service Inc. ClCommon Stock0.79%$5M26.9K
48NVDANVIDIA Corp.Common Stock0.78%$5M23.3K
49iShares Intermediate-Term CorpIndex share0.76%$5M78.1K
50NEENextera Energy IncCommon Stock0.76%$5M59.5K

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 ↗.