SEC 13F Intelligence

Managers / Q3 2023

Lowell Blake & Associates Inc.

CIK 0001816635 · 141 TREMONT STREET, SUITE 200, BOSTON, MA, 02111 · 6174220064

Reported Value
$355M
Q3 2023
Positions
62
Filings on Record
16
2020–present window
Filed
Nov 13, 2023
original filing

Summary

Lowell Blake & Associates Inc. reported $355M in U.S.-listed holdings across 62 positions for Q3 2023.

Its largest position, NVDA, represents 8.6% of the portfolio.

Compared with Q2 2023, the fund opened 2 new positions and exited 1.

Portfolio Metrics

Turnover
+3.0%
vs prior filed quarter
Top-10 Concentration
+56.5%
share of reported value
Largest Position
+8.6%
Nvidia Corporation
New / Exited
2 / 1
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
Q2 ’20: $105MQ2 ’20Q3 ’20: $124MQ4 ’20: $135MQ4 ’20Q1 ’21: $195MQ2 ’21: $217MQ2 ’21Q3 ’21: $215MQ4 ’21: $255MQ4 ’21Q1 ’22: $265MQ2 ’22: $259MQ2 ’22Q3 ’22: $255MQ4 ’22: $300MQ4 ’22Q1 ’23: $321MQ2 ’23: $345MQ2 ’23Q3 ’23: $355Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 94.1%MLP: 2.1%ADR: 1.5%REIT: 1.3%ETP: 0.6%Other: 0.3%
  • Common Stock · 94.1% · $334M
  • MLP · 2.1% · $8M
  • ADR · 1.5% · $5M
  • REIT · 1.3% · $5M
  • ETP · 0.6% · $2M
  • Other · 0.3% · $982,423

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ADPAUTOMATIC DATA PROCESSING INNEW+1.1K1.1K+$257,421$257,421
BDXBECTON DICKINSON & CONEW+64.8K64.8K+$92,377$92,377
NVDANVIDIA CORPORATIONADDED+2.22M2.29M+$583,468$30M
MSFTMICROSOFT CORPADDED+173.9K259.8K−$1M$28M
GGGGRACO INCADDED+69.3K119.9K−$280,982$4M
TMOTHERMO FISHER SCIENTIFIC INCADDED+3.3K5.8K+$2M$3M
NVONOVO-NORDISK A SADDED+19.8K34.6K+$755,424$3M
GOOGALPHABET INCADDED+37.1K65.4K+$866,302$4M

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

Holdings — Q3 2023

59 positions (from 62 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA CORPORATIONhistory →COM8.60%$30M2.29M
2MSFTMICROSOFT CORPhistory →COM7.87%$28M259.8K
3GOOGLALPHABET INCCAP STK CL A · CAP STK CL C6.97%$25M221.5K
4AAPLAPPLE INChistory →COM6.21%$22M128.7K
5VVISA INChistory →COM CL A4.82%$17M74.4K
6PGPROCTER AND GAMBLE COhistory →COM4.81%$17M117.0K
7AMZNAMAZON COM INChistory →COM4.67%$17M130.3K
8PEPPEPSICO INChistory →COM4.34%$15M90.9K
9JNJJOHNSON & JOHNSONhistory →COM4.21%$15M95.9K
10CNICANADIAN NATL RY COhistory →COM3.96%$14M129.8K
11ATRAPTARGROUP INChistory →COM3.87%$14M109.9K
12HDHOME DEPOT INChistory →COM3.83%$14M45.0K
13NKENIKE INChistory →CL B2.85%$10M170.6K
14EWEDWARDS LIFESCIENCES CORPhistory →COM2.80%$10M143.2K
15KDPKEURIG DR PEPPER INChistory →COM2.63%$9M296.1K
16ALCALCON AGhistory →ORD SHS2.56%$9M117.7K
17EMREMERSON ELEC COhistory →COM2.15%$8M79.1K
18EPDENTERPRISE PRODS PARTNERS Lhistory →COM2.12%$8M274.9K
19PARPAR TECHNOLOGY CORPhistory →COM1.95%$7M179.5K
20COPCONOCOPHILLIPShistory →COM1.90%$7M56.4K
21TYLTYLER TECHNOLOGIES INChistory →COM1.68%$6M15.5K
22UNPUNION PAC CORPhistory →COM1.66%$6M28.9K
23ECLECOLAB INChistory →COM1.45%$5M30.3K
24JJSFJ & J SNACK FOODS CORPhistory →COM1.37%$5M29.7K
25AMTAMERICAN TOWER CORP NEWhistory →COM1.34%$5M28.9K
26GGGGRACO INChistory →COM1.15%$4M119.9K
27NVONOVO-NORDISK A SADR0.89%$3M34.6K
28TMOTHERMO FISHER SCIENTIFIC INCCOM0.82%$3M5.8K
29MTDMETTLER TOLEDO INTERNATIONALCOM0.81%$3M2.6K
30VNTVONTIER CORPORATIONCOM0.63%$2M72.8K
31NVSNOVARTIS AGSPONSORED ADR0.60%$2M20.8K
32ORCLORACLE CORPCOM0.45%$2M15.0K
33SPGIS&P GLOBAL INCCOM0.42%$2M4.1K
34GPCGENUINE PARTS COCOM0.37%$1M9.0K
35IVVISHARES TRCORE S&P500 ETF · MSCI USA MMENTM · CORE MSCI EAFE0.36%$1M7.1K
36UNILEVER PLCSPON ADR NEW0.28%$982,42319.9K
37COSTCOSTCO WHSL CORP NEWCOM0.27%$968,9061.7K
38ROLROLLINS INCCOM0.22%$795,05421.3K
39WCNWASTE CONNECTIONS INCCOM0.20%$706,0155.3K
40SONSONOCO PRODS COCOM0.18%$638,61311.8K
41NEENEXTERA ENERGY INCCOM0.16%$553,6079.7K
42BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.15%$533,8571.5K
43AZOAUTOZONE INCCOM0.15%$528,318208
44SWKSTANLEY BLACK & DECKER INCCOM0.12%$442,3055.3K
45ENCORE WIRE CORPCOM0.11%$399,4052.2K
46VOVANGUARD INDEX FDSMID CAP ETF0.11%$398,4471.9K
47AMGNAMGEN INCCOM0.10%$345,5901.3K
48FUTYFIDELITY COVINGTON TRUSTMSCI UTILS INDEX0.09%$316,3398.3K
49EXMOCEXXON MOBIL CORPCOM0.08%$291,9512.5K
50SCHMSCHWAB STRATEGIC TRUS MID-CAP ETF0.08%$270,8024.0K
51ADPAUTOMATIC DATA PROCESSING INCOM0.07%$257,4211.1K
52HSICHENRY SCHEIN INCCOM0.07%$256,9053.5K
53AFLAFLAC INCCOM0.07%$251,2803.3K
54INTCINTEL CORPCOM0.07%$240,9936.8K
55BACBANK AMERICA CORPCOM0.06%$217,2607.9K
56CSXCSX CORPCOM0.06%$214,6667.0K
57PHPARKER-HANNIFIN CORPCOM0.06%$214,204549
58TERTERADYNE INCCOM0.06%$202,9452.0K
59BDXBECTON DICKINSON & COCOM0.03%$92,37764.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2023$355M62Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$345M61Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$321M58May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$300M56Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$255M52Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$259M53Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$265M56May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$255M55Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$215M56Oct 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$217M56Jul 29, 202113F-HRchanges · EDGAR ↗
Q1 2021$195M46May 6, 202113F-HRchanges · EDGAR ↗
Q4 2020$135M41Feb 4, 202113F-HRchanges · EDGAR ↗
Q3 2020$124M51Oct 22, 202013F-HRchanges · EDGAR ↗
Q2 2020$105M52Aug 13, 202013F-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 ↗.