# HOWARD CAPITAL MANAGEMENT

> Institutional holdings reported to the SEC as of Q4 2020 on Form 13F. CIK 1078658. Source: https://holderbook.com/funds/1078658-howard-capital-management/

- Reported value: $891.3M
- Positions: 93
- Weight of the ten largest: 44.3%
- Filed: 2021-02-02

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/) | $64.4M | 485,099 | 7.2% | 9 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $59.0M | 157,915 | 6.6% | 9 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $51.9M | 15,937 | 5.8% | 9 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $41.4M | 186,247 | 4.6% | 9 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $35.8M | 197,803 | 4.0% | 9 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $31.7M | 116,044 | 3.6% | 9 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $28.6M | 16,343 | 3.2% | 9 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $27.7M | 106,094 | 3.1% | 9 |
| XYLEM INC | [XYL](https://holderbook.com/stocks/XYL/) | $27.2M | 266,987 | 3.0% | 9 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $26.8M | 211,011 | 3.0% | 9 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $25.1M | 53,852 | 2.8% | 9 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $24.8M | 47,482 | 2.8% | 9 |
| SPDR SERIES TRUST | [XBI](https://holderbook.com/stocks/XBI/) | $24.6M | 175,004 | 2.8% | 9 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $23.8M | 87,343 | 2.7% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $23.2M | 61,625 | 2.6% | 7 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $22.4M | 344,921 | 2.5% | 2 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $21.8M | 84,103 | 2.4% | 9 |
| VULCAN MATLS CO | [VMC](https://holderbook.com/stocks/VMC/) | $21.5M | 144,972 | 2.4% | 9 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $21.2M | 183,695 | 2.4% | 9 |
| IQVIA HLDGS INC | [IQV](https://holderbook.com/stocks/IQV/) | $21.1M | 118,014 | 2.4% | 9 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $20.2M | 92,566 | 2.3% | 9 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $20.1M | 246,003 | 2.3% | 9 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $19.3M | 227,268 | 2.2% | 9 |
| LEIDOS HOLDINGS INC | [LDOS](https://holderbook.com/stocks/LDOS/) | $18.0M | 171,218 | 2.0% | 9 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $17.9M | 326,044 | 2.0% | 9 |
| D R HORTON INC | [DHI](https://holderbook.com/stocks/DHI/) | $16.7M | 241,835 | 1.9% | 2 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $16.4M | 330,081 | 1.8% | 9 |
| APTARGROUP INC | [ATR](https://holderbook.com/stocks/ATR/) | $15.3M | 111,828 | 1.7% | 9 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $15.3M | 92,394 | 1.7% | 8 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $13.6M | 115,437 | 1.5% | 8 |
| CONAGRA BRANDS INC | [CAG](https://holderbook.com/stocks/CAG/) | $11.7M | 323,956 | 1.3% | 9 |
| HUDSON PAC PPTYS INC | [HPP](https://holderbook.com/stocks/HPP/) | $8.7M | 364,138 | 1.0% | 9 |
| ISHARES TR | [IBB](https://holderbook.com/stocks/IBB/) | $7.3M | 47,971 | 0.8% | 9 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $7.2M | 4,087 | 0.8% | 9 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $6.0M | 52,503 | 0.7% | 9 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $5.8M | 195,758 | 0.6% | 9 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $4.8M | 71,639 | 0.5% | 9 |
| OAKTREE STRATEGIC INCOME COR | [OCSI](https://holderbook.com/stocks/OCSI/) | $4.3M | 549,586 | 0.5% | 4 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $3.6M | 52,675 | 0.4% | 8 |
| INVESCO EXCHANGE TRADED FD T | [PHO](https://holderbook.com/stocks/PHO/) | $3.1M | 66,650 | 0.3% | 9 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $2.3M | 28,068 | 0.3% | 9 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.0M | 6,319 | 0.2% | 9 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $1.6M | 38,310 | 0.2% | 9 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.6M | 2,206 | 0.2% | 5 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $1.4M | 8,886 | 0.2% | 1 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $1.2M | 8,000 | 0.1% | 9 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $1.2M | 5,165 | 0.1% | 9 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $1.2M | 18,340 | 0.1% | 9 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.1M | 4,896 | 0.1% | 9 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $1.0M | 17,583 | 0.1% | 9 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $877.0K | 7,253 | 0.1% | 9 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $844.0K | 3,935 | 0.1% | 9 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $839.0K | 5,333 | 0.1% | 9 |
| BLOCK INC | [XYZ](https://holderbook.com/stocks/XYZ/) | $769.0K | 3,533 | 0.1% | 6 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $698.0K | 5,017 | 0.1% | 9 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $677.0K | 16,414 | 0.1% | 9 |
| PRINCIPAL FDS, INC. MIDCAP FD | - | $657.0K | 21,369 | 0.1% | 9 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $599.0K | 20,826 | 0.1% | 9 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $599.0K | 4,154 | 0.1% | 9 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $594.0K | 726 | 0.1% | 9 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $592.0K | 13,224 | 0.1% | 9 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $571.0K | 18,839 | 0.1% | 9 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $534.0K | 8,698 | 0.1% | 9 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $533.0K | 2,560 | 0.1% | 9 |
| VANGUARD GROWTH & INCOME ADM | - | $515.0K | 1,485 | 0.1% | 3 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $455.0K | 2,139 | 0.1% | 9 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $449.0K | 3,027 | 0.1% | 9 |
| SAP SE | [SAP](https://holderbook.com/stocks/SAP/) | $443.0K | 3,400 | 0.0% | 9 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $386.0K | 1,625 | 0.0% | 1 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $374.0K | 3,500 | 0.0% | 9 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $365.0K | 973 | 0.0% | 3 |
| INVESCO EXCHANGE TRADED FD T | [PBW](https://holderbook.com/stocks/PBW/) | $362.0K | 3,500 | 0.0% | 2 |
| ISHARES TR | [IDGT](https://holderbook.com/stocks/IDGT/) | $351.0K | 5,884 | 0.0% | 9 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $319.0K | 760 | 0.0% | 3 |
| T. ROWE PRICE HEALTH SCIENCES | - | $295.0K | 2,985 | 0.0% | 1 |
| ISHARES TR | [ICLN](https://holderbook.com/stocks/ICLN/) | $282.0K | 10,000 | 0.0% | 9 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $278.0K | 3,887 | 0.0% | 3 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $276.0K | 2,192 | 0.0% | 9 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $268.0K | 1,010 | 0.0% | 3 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $251.0K | 4,275 | 0.0% | 9 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $248.0K | 6,735 | 0.0% | 9 |
| CORE MARK HOLDING CO INC | [CORE](https://holderbook.com/stocks/CORE/) | $242.0K | 8,252 | 0.0% | 8 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $241.0K | 1,085 | 0.0% | 2 |
| PROSHARES TR | [UPRO](https://holderbook.com/stocks/UPRO/) | $231.0K | 3,000 | 0.0% | 1 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $230.0K | 1,181 | 0.0% | 1 |
| SEALED AIR CORP NEW | [SEE](https://holderbook.com/stocks/SEE/) | $229.0K | 5,000 | 0.0% | 1 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $224.0K | 3,604 | 0.0% | 9 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $220.0K | 2,000 | 0.0% | 1 |
| KRAFT HEINZ CO | [KHC](https://holderbook.com/stocks/KHC/) | $207.0K | 5,966 | 0.0% | 1 |
| GENERAL ELECTRIC CO | [GEXXXX](https://holderbook.com/stocks/GEXXXX/) | $125.0K | 11,544 | 0.0% | 1 |
| BION ENVIRNMNTL TECH | [BNET](https://holderbook.com/stocks/BNET/) | $21.0K | 42,914 | 0.0% | 9 |
| SEARCHLIGHT MINERALS CORP NEW | [SRCH](https://holderbook.com/stocks/SRCH/) | $1.0K | 46,100 | 0.0% | 3 |
| WEALTH MINERALS COM | [WMLLF](https://holderbook.com/stocks/WMLLF/) | $1.0K | 10,000 | 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 |
|---|---|---|---|---|
| Q4 2020 | +11.9% | +11.6% | +0.3% | 100% |
| Q3 2020 | +11.3% | +8.6% | +2.7% | 100% |
| Q2 2020 | +21.1% | +19.6% | +1.5% | 100% |
| Q1 2020 | -16.8% | -19.9% | +3.1% | 100% |
| Q4 2019 | +9.7% | +8.5% | +1.3% | 100% |
| Q3 2019 | +0.8% | +1.3% | -0.5% | 100% |
| Q2 2019 | +5.5% | +3.7% | +1.7% | 100% |
| Q1 2019 | +14.1% | +13.0% | +1.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2020 | $891.3M | 93 |
| Q3 2020 | $791.6M | 84 |
| Q2 2020 | $752.0M | 91 |
| Q1 2020 | $585.9M | 88 |
| Q4 2019 | $798.6M | 96 |
| Q3 2019 | $702.6M | 93 |
| Q2 2019 | $733.1M | 98 |
| Q1 2019 | $708.0M | 109 |
| Q4 2018 | $605.5M | 107 |