SEC 13F Intelligence

Managers / Q4 2024

Fernwood Investment Management, LLC

CIK 0001570296 · 400 CROWN COLONY, SUITE 101, QUINCY, MA, 02169 · 617-376-4750

Reported Value
$288M
Q4 2024
Positions
165
Filings on Record
25
2019–present window
Filed
Feb 13, 2025
original filing

Summary

Fernwood Investment Management, LLC reported $288M in U.S.-listed holdings across 165 positions for Q4 2024.

Its largest position, TPL, represents 9.4% of the portfolio.

Compared with Q3 2024, the fund opened 9 new positions and exited 33.

Portfolio Metrics

Turnover
+8.9%
vs prior filed quarter
Top-10 Concentration
+40.6%
share of reported value
Largest Position
+9.4%
Texas Pacific Land Corporati
New / Exited
9 / 33
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: $155MQ4 ’18Q1 ’19: $187MQ2 ’19: $183MQ3 ’19: $202MQ4 ’19: $209MQ4 ’19Q1 ’20: $157MQ2 ’20: $202MQ3 ’20: $212MQ4 ’20: $254MQ4 ’20Q1 ’21: $272MQ2 ’21: $302MQ3 ’21: $291MQ4 ’21: $306MQ4 ’21Q1 ’22: $285MQ2 ’22: $232MQ3 ’22: $237MQ4 ’22: $242MQ4 ’22Q1 ’23: $261MQ2 ’23: $282MQ3 ’23: $278MQ4 ’23: $303MQ4 ’23Q1 ’24: $343MQ2 ’24: $322MQ3 ’24: $307MQ4 ’24: $288MQ4 ’24filingsflow.com

Portfolio Composition

By security type
Common Stock: 85.5%ETP: 13.2%REIT: 0.8%Closed-End Fund: 0.2%ADR: 0.2%MLP: 0.1%
  • Common Stock · 85.5% · $246M
  • ETP · 13.2% · $38M
  • REIT · 0.8% · $2M
  • Closed-End Fund · 0.2% · $651,501
  • ADR · 0.2% · $560,925
  • MLP · 0.1% · $206,192

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
APPAPPLOVIN CORPNEW+4.3K4.3K+$1M$1M
CRKCOMSTOCK RES INCNEW+52.6K52.6K+$958,919$958,919
PPLPPL CORPNEW+12.5K12.5K+$405,750$405,750
DECKDECKERS OUTDOOR CORPNEW+1.3K1.3K+$264,017$264,017
DTCRGLOBAL X FDSNEW+14.7K14.7K+$242,706$242,706
CONCONCENTRA GROUP HOLDINGS PARNEW+11.0K11.0K+$217,580$217,580
EPDENTERPRISE PRODS PARTNERS LNEW+6.6K6.6K+$206,192$206,192
FFIVF5 INCNEW+800800+$201,176$201,176

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

Holdings — Q4 2024

148 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TPLTEXAS PACIFIC LAND CORPORATIhistory →COM9.43%$27M24.5K
2AAPLAPPLE INChistory →COM4.32%$12M49.7K
3METAMETA PLATFORMS INChistory →CL A4.10%$12M20.1K
4GOOGLALPHABET INCCAP STK CL A · CAP STK CL C4.03%$12M61.1K
5MGKVANGUARD WORLD FDhistory →MEGA GRWTH IND4.00%$11M33.5K
6NVDANVIDIA CORPORATIONhistory →COM3.60%$10M77.1K
7AMZNAMAZON COM INChistory →COM3.14%$9M41.2K
8IYKISHARES TRUS CONSM STAPLES · SELECT DIVID ETF · S&P 500 GRWT ETF · ISHARES BIOTECH · CORE S&P500 ETF · RUS MD CP GR ETF · MSCI INDIA ETF · ISHARES SEMICDTR · RUS 1000 GRW ETF2.90%$8M101.7K
9BBIOBRIDGEBIO PHARMA INChistory →COM2.66%$8M278.3K
10LLYELI LILLY & COhistory →COM2.39%$7M8.9K
11AXONAXON ENTERPRISE INChistory →COM2.16%$6M10.5K
12MSCIMSCI INChistory →COM2.16%$6M10.4K
13PLRXPLIANT THERAPEUTICS INChistory →COM1.95%$6M425.4K
14MSFTMICROSOFT CORPhistory →COM1.91%$5M13.0K
15MRVLMARVELL TECHNOLOGY INChistory →COM1.90%$5M49.3K
16XLESELECT SECTOR SPDR TRENERGY · SBI HEALTHCARE · TECHNOLOGY · SBI CONS DISCR1.88%$5M42.2K
17ARCCARES CAPITAL CORPhistory →COM1.77%$5M232.6K
18MDBMONGODB INChistory →CL A1.64%$5M20.3K
19PMPHILIP MORRIS INTL INChistory →COM1.45%$4M34.8K
20EMLPFIRST TR EXCHANGE-TRADED FDNO AMER ENERGY · US EQTY OPPT ETF · CLOUD COMPUTING1.44%$4M74.5K
21CMGCHIPOTLE MEXICAN GRILL INChistory →COM1.38%$4M66.0K
22MOALTRIA GROUP INChistory →COM1.26%$4M69.4K
23VVISA INChistory →COM CL A1.26%$4M11.4K
24GNRCGENERAC HLDGS INChistory →COM1.11%$3M20.6K
25UNPUNION PAC CORPhistory →COM1.06%$3M13.4K
26GLNGGOLAR LNG LTDhistory →SHS1.06%$3M72.2K
27ESTCELASTIC N VORD SHS0.96%$3M27.9K
28ORLYOREILLY AUTOMOTIVE INCCOM0.87%$2M2.1K
29EXMOCEXXON MOBIL CORPCOM0.85%$2M22.6K
30TSLATESLA INCCOM0.84%$2M6.0K
31CRWDCROWDSTRIKE HLDGS INCCL A0.82%$2M6.9K
32ABBVABBVIE INCCOM0.77%$2M12.4K
33CORCENCORA INCCOM0.74%$2M9.4K
34FLRNSPDR SER TRBLOOMBERG INVT · BLOOMBERG 1-3 MO0.68%$2M42.5K
35MCDMCDONALDS CORPCOM0.67%$2M6.7K
36PSXPHILLIPS 66COM0.65%$2M16.5K
37JNJJOHNSON & JOHNSONCOM0.65%$2M12.9K
38ACNACCENTURE PLC IRELANDSHS CLASS A0.63%$2M5.2K
39STZCONSTELLATION BRANDS INCCL A0.62%$2M8.1K
40BSXBOSTON SCIENTIFIC CORPCOM0.59%$2M19.1K
41ZWSZURN ELKAY WATER SOLNS CORPCOM0.58%$2M44.9K
42DAYDAYFORCE INCCOM0.57%$2M22.4K
43HEHAWAIIAN ELEC INDUSTRIESCOM0.56%$2M166.3K
44MSGSMADISON SQUARE GRDN SPRT CORCL A0.52%$1M6.6K
45SAFTSAFETY INS GROUP INCCOM0.51%$1M17.9K
46CBOECBOE GLOBAL MKTS INCCOM0.51%$1M7.5K
47BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.51%$1M3.2K
48NEONEOGENOMICS INCCOM NEW0.51%$1M88.2K
49APPAPPLOVIN CORPCOM CL A0.49%$1M4.3K
50YUMYUM BRANDS INCCOM0.48%$1M10.3K
51CLOUGLOBAL X FDSCLOUD COMPUTNG · DATA CTR & DIGIT0.46%$1M60.3K
52COPCONOCOPHILLIPSCOM0.45%$1M13.1K
53MDUMDU RES GROUP INCCOM0.42%$1M67.4K
54JSPRJASPER THERAPEUTICS INCCOM NEW0.39%$1M52.9K
55YUMCYUM CHINA HLDGS INCCOM0.39%$1M23.4K
56GILDGILEAD SCIENCES INCCOM0.39%$1M12.0K
57OLEDUNIVERSAL DISPLAY CORPCOM0.39%$1M7.6K
58LISTED FD TRHORIZON KINETICS0.37%$1M30.4K
59SLGSL GREEN RLTY CORPCOM0.36%$1M15.4K
60WMBWILLIAMS COS INCCOM0.35%$1M18.6K
61SBACSBA COMMUNICATIONS CORP NEWCL A0.35%$993,5254.9K
62KELKELLANOVACOM0.34%$982,57112.1K
63CRKCOMSTOCK RES INCCOM0.33%$958,91952.6K
64NFLXNETFLIX INCCOM0.33%$945,2451.1K
65DISDISNEY WALT COCOM0.31%$877,2157.9K
66MDTMEDTRONIC PLCSHS0.30%$850,72210.7K
67EXCHANGE TRADED CONCEPTS TRUEMQQ THE EMERGIN0.30%$849,34624.6K
68ATECALPHATEC HLDGS INCCOM NEW0.29%$844,44192.0K
69RVMDREVOLUTION MEDICINES INCCOM0.28%$809,40918.5K
70CVSCVS HEALTH CORPCOM0.28%$793,96917.7K
71HDHOME DEPOT INCCOM0.27%$784,5932.0K
72RLAYRELAY THERAPEUTICS INCCOM0.27%$765,344185.8K
73PLTRPALANTIR TECHNOLOGIES INCCL A0.26%$761,21610.1K
74SWKSSKYWORKS SOLUTIONS INCCOM0.26%$760,4318.6K
75DHRDANAHER CORPORATIONCOM0.25%$722,3943.1K
76MKCMCCORMICK & CO INCCOM NON VTG0.25%$711,3199.3K
77CATCATERPILLAR INCCOM0.25%$709,9212.0K
78AVGOBROADCOM INCCOM0.24%$701,3163.0K
79PYPLPAYPAL HLDGS INCCOM0.23%$673,3267.9K
80LDURPIMCO ETF TRENHNCD LW DUR AC0.23%$664,9307.0K
81WMTWALMART INCCOM0.23%$651,0807.2K
82HONHONEYWELL INTL INCCOM0.23%$649,8862.9K
83TTTRANE TECHNOLOGIES PLCSHS0.22%$646,3631.8K
84CTVACORTEVA INCCOM0.22%$633,73711.1K
85BKLNINVESCO EXCH TRADED FD TR IISR LN ETF0.21%$616,99329.3K
86JXNJACKSON FINANCIAL INCCOM CL A0.21%$594,3216.8K
87UPSUNITED PARCEL SERVICE INCCL B0.20%$584,8524.6K
88OKEONEOK INC NEWCOM0.20%$582,3205.8K
89WATWATERS CORPCOM0.20%$565,7451.5K
90WFCWELLS FARGO CO NEWPERP PFD CNV A0.19%$560,131469
91HTDHANCOCK JOHN TAX-ADVANTAGEDCOM0.19%$555,22625.2K
92OPLNOPENLANE INCCOM0.19%$539,64827.2K
93DEMWISDOMTREE TREMER MKT HIGH FD0.18%$528,59713.1K
94MAMASTERCARD INCORPORATEDCL A0.18%$526,5701.0K
95KNFKNIFE RIVER CORPCOMMON STOCK0.18%$517,0435.1K
96UNHUNITEDHEALTH GROUP INCCOM0.18%$514,9651.0K
97VTYVERINT SYS INCCOM0.18%$513,31518.7K
98IBITISHARES BITCOIN TRUST ETFSHS BEN INT0.18%$508,4319.6K
99CAGCONAGRA BRANDS INCCOM0.17%$499,50018.0K
100ARESARES MANAGEMENT CORPORATIONCL A COM STK0.17%$495,6842.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2024$288M165Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$307M189Oct 29, 202413F-HRchanges · EDGAR ↗
Q2 2024$322M198Jul 31, 202413F-HRchanges · EDGAR ↗
Q1 2024$343M720May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$303M194Feb 5, 202413F-HRchanges · EDGAR ↗
Q3 2023$278M190Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$282M191Aug 9, 202313F-HRchanges · EDGAR ↗
Q1 2023$261M184May 1, 202313F-HRchanges · EDGAR ↗
Q4 2022$242M182Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$237M185Nov 9, 202213F-HRchanges · EDGAR ↗
Q2 2022$232M183Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$285M200May 3, 202213F-HRchanges · EDGAR ↗
Q4 2021$306M211Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$291M198Oct 28, 202113F-HRchanges · EDGAR ↗
Q2 2021$302M199Aug 5, 202113F-HRchanges · EDGAR ↗
Q1 2021$272M190May 6, 202113F-HRchanges · EDGAR ↗
Q4 2020$254M183Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$212M163Nov 3, 202013F-HRchanges · EDGAR ↗
Q2 2020$202M166Aug 6, 202013F-HRchanges · EDGAR ↗
Q1 2020$157M146Apr 30, 202013F-HRchanges · EDGAR ↗
Q4 2019$209M159Feb 10, 202013F-HRchanges · EDGAR ↗
Q3 2019$202M180Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$183M152Aug 1, 201913F-HRchanges · EDGAR ↗
Q1 2019$187M155May 6, 201913F-HRchanges · EDGAR ↗
Q4 2018$155M145Feb 12, 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 ↗.