# HALSEY ASSOCIATES INC/CT

> Institutional holdings reported to the SEC as of Q3 2019 on Form 13F. CIK 1034188. Source: https://holderbook.com/funds/1034188-halsey-associates-inc-ct/

- Reported value: $629.3M
- Positions: 107
- Weight of the ten largest: 37.4%
- Filed: 2019-11-15

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $30.0M | 133,948 | 4.8% | 4 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $29.2M | 169,731 | 4.6% | 4 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $24.2M | 95,475 | 3.8% | 4 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $23.0M | 13,270 | 3.7% | 4 |
| IQVIA HLDGS INC | [IQV](https://holderbook.com/stocks/IQV/) | $22.9M | 153,543 | 3.6% | 4 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $22.7M | 18,616 | 3.6% | 4 |
| RESMED INC | [RMD](https://holderbook.com/stocks/RMD/) | $22.4M | 165,966 | 3.6% | 4 |
| Berkshire Hathaway Cl B | [BRK-A](https://holderbook.com/stocks/BRK-A/) | $22.3M | 107,338 | 3.5% | 4 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $19.4M | 187,652 | 3.1% | 4 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $19.0M | 138,784 | 3.0% | 4 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $18.9M | 214,148 | 3.0% | 4 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $18.6M | 142,583 | 3.0% | 4 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $18.0M | 9,162 | 2.9% | 4 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $15.9M | 420,594 | 2.5% | 4 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $15.6M | 87,620 | 2.5% | 4 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $14.4M | 70,859 | 2.3% | 4 |
| JACOBS ENGR GROUP INC | [JXXXX](https://holderbook.com/stocks/JXXXX/) | $13.9M | 152,297 | 2.2% | 4 |
| ZEBRA TECHNOLOGIES CORPORATI | [ZBRA](https://holderbook.com/stocks/ZBRA/) | $13.7M | 66,623 | 2.2% | 4 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $13.4M | 112,197 | 2.1% | 4 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $13.4M | 79,679 | 2.1% | 4 |
| NORWEGIAN CRUISE LINE HLDGS | [NCLH](https://holderbook.com/stocks/NCLH/) | $13.1M | 253,478 | 2.1% | 4 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $12.5M | 56,150 | 2.0% | 4 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $12.3M | 131,280 | 2.0% | 4 |
| INVITATION HOMES INC | [INVH](https://holderbook.com/stocks/INVH/) | $12.2M | 410,827 | 1.9% | 4 |
| KANSAS CITY SOUTHERN | [KSU](https://holderbook.com/stocks/KSU/) | $11.4M | 85,738 | 1.8% | 4 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $10.9M | 49,290 | 1.7% | 4 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $10.0M | 142,143 | 1.6% | 4 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $9.8M | 8,019 | 1.6% | 4 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $9.1M | 23,915 | 1.4% | 4 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $8.8M | 31,560 | 1.4% | 4 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $8.7M | 422,034 | 1.4% | 4 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $7.0M | 54,037 | 1.1% | 4 |
| SPLUNK INC | [SPLK](https://holderbook.com/stocks/SPLK/) | $6.3M | 53,584 | 1.0% | 4 |
| DIAGEO PLC | [DEO](https://holderbook.com/stocks/DEO/) | $5.7M | 34,731 | 0.9% | 4 |
| VEEVA SYS INC | [VEEV](https://holderbook.com/stocks/VEEV/) | $5.3M | 35,038 | 0.9% | 4 |
| CELGENE CORP | [CELG](https://holderbook.com/stocks/CELG/) | $5.2M | 52,459 | 0.8% | 4 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $4.8M | 41,180 | 0.8% | 4 |
| APTIV PLC | [APTVXXXX](https://holderbook.com/stocks/APTVXXXX/) | $4.6M | 52,866 | 0.7% | 4 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $4.3M | 78,532 | 0.7% | 4 |
| VARIAN MED SYS INC | [VAR](https://holderbook.com/stocks/VAR/) | $4.0M | 33,385 | 0.6% | 4 |
| DUNKIN BRANDS GROUP INC | [DNKN](https://holderbook.com/stocks/DNKN/) | $3.9M | 48,628 | 0.6% | 4 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $3.8M | 30,745 | 0.6% | 4 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $3.8M | 77,328 | 0.6% | 4 |
| EDWARDS LIFESCIENCES CORP | [EW](https://holderbook.com/stocks/EW/) | $3.7M | 16,862 | 0.6% | 4 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $3.5M | 29,130 | 0.5% | 4 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $2.8M | 17,190 | 0.4% | 4 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $2.7M | 18,714 | 0.4% | 4 |
| EPAM SYS INC | [EPAM](https://holderbook.com/stocks/EPAM/) | $2.7M | 14,616 | 0.4% | 4 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $2.4M | 29,005 | 0.4% | 4 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $2.2M | 42,981 | 0.4% | 4 |
| CARPENTER TECHNOLOGY CORP | [CRS](https://holderbook.com/stocks/CRS/) | $2.0M | 37,833 | 0.3% | 4 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.9M | 14,001 | 0.3% | 4 |
| COGNIZANT TECHNOLOGY SOLUTIO | [CTSH](https://holderbook.com/stocks/CTSH/) | $1.8M | 29,293 | 0.3% | 4 |
| EVERCORE INC | [EVR](https://holderbook.com/stocks/EVR/) | $1.7M | 21,060 | 0.3% | 4 |
| CORE LABORATORIES N V | [CLB](https://holderbook.com/stocks/CLB/) | $1.7M | 35,955 | 0.3% | 4 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $1.6M | 44,316 | 0.3% | 4 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.4M | 5,885 | 0.2% | 4 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.3M | 17,047 | 0.2% | 4 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.3M | 16,792 | 0.2% | 4 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.2M | 5,674 | 0.2% | 4 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.2M | 4,081 | 0.2% | 4 |
| ICON PUB LTD CO | [ICLR](https://holderbook.com/stocks/ICLR/) | $1.2M | 7,935 | 0.2% | 4 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $1.2M | 10,588 | 0.2% | 4 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $1.1M | 15,891 | 0.2% | 4 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $927.0K | 7,813 | 0.1% | 4 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $917.0K | 6,301 | 0.1% | 4 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $888.0K | 23,465 | 0.1% | 4 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $882.0K | 21,565 | 0.1% | 4 |
| GENERAL ELECTRIC CO | [GEXXXX](https://holderbook.com/stocks/GEXXXX/) | $865.0K | 96,785 | 0.1% | 4 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $810.0K | 4,928 | 0.1% | 4 |
| UNITED TECHNOLOGIES CORP | [UTX](https://holderbook.com/stocks/UTX/) | $783.0K | 5,732 | 0.1% | 4 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $772.0K | 9,173 | 0.1% | 4 |
| PPG INDS INC | [PPG](https://holderbook.com/stocks/PPG/) | $750.0K | 6,326 | 0.1% | 1 |
| XYLEM INC | [XYL](https://holderbook.com/stocks/XYL/) | $747.0K | 9,376 | 0.1% | 1 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $736.0K | 4,546 | 0.1% | 4 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $728.0K | 6,159 | 0.1% | 1 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $588.0K | 2,040 | 0.1% | 3 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $579.0K | 16,947 | 0.1% | 4 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $574.0K | 2,800 | 0.1% | 4 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $573.0K | 18,130 | 0.1% | 4 |
| NORTH EUROPEAN OIL RTY TR | [NRT](https://holderbook.com/stocks/NRT/) | $551.0K | 90,432 | 0.1% | 1 |
| NBT BANCORP INC | [NBTB](https://holderbook.com/stocks/NBTB/) | $512.0K | 14,000 | 0.1% | 4 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $499.0K | 8,271 | 0.1% | 4 |
| ANHEUSER BUSCH INBEV SA/NV | [BUD](https://holderbook.com/stocks/BUD/) | $484.0K | 5,084 | 0.1% | 4 |
| SERVICE PPTYS TR | [SVC](https://holderbook.com/stocks/SVC/) | $426.0K | 16,625 | 0.1% | 1 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $415.0K | 7,505 | 0.1% | 4 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $364.0K | 2,880 | 0.1% | 4 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $358.0K | 3,734 | 0.1% | 4 |
| YUM BRANDS INC | [YUM](https://holderbook.com/stocks/YUM/) | $321.0K | 2,832 | 0.1% | 1 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $280.0K | 5,515 | 0.0% | 4 |
| EQUIFAX INC | [EFX](https://holderbook.com/stocks/EFX/) | $264.0K | 1,878 | 0.0% | 3 |
| I T T Corporation | - | $264.0K | 4,307 | 0.0% | 1 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $262.0K | 5,201 | 0.0% | 1 |
| BGC PARTNERS INC | [BGCP](https://holderbook.com/stocks/BGCP/) | $259.0K | 47,000 | 0.0% | 4 |
| ROYAL DUTCH SHELL PLC | [RDSA](https://holderbook.com/stocks/RDSA/) | $258.0K | 4,378 | 0.0% | 4 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $254.0K | 1,967 | 0.0% | 3 |
| REINSURANCE GROUP AMER INC | [RGA](https://holderbook.com/stocks/RGA/) | $242.0K | 1,514 | 0.0% | 4 |
| NETEASE COM INC | [NTES](https://holderbook.com/stocks/NTES/) | $241.0K | 905 | 0.0% | 4 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $235.0K | 3,725 | 0.0% | 1 |
| GUIDEWIRE SOFTWARE INC | [GWRE](https://holderbook.com/stocks/GWRE/) | $232.0K | 2,200 | 0.0% | 3 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2019 | +1.3% | +1.3% | +0.0% | 100% |
| Q2 2019 | +3.9% | +3.7% | +0.2% | 100% |
| Q1 2019 | +15.8% | +13.0% | +2.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2019 | $629.3M | 107 |
| Q2 2019 | $559.9M | 96 |
| Q1 2019 | $609.1M | 107 |
| Q4 2018 | $530.4M | 103 |