# Ziegler Capital Management, LLC

> Institutional holdings reported to the SEC as of Q1 2024 on Form 13F. CIK 1307617. Source: https://holderbook.com/funds/1307617-ziegler-capital-management-llc/

- Reported value: $2.6B
- Positions: 401
- Weight of the ten largest: 24.2%
- Filed: 2024-05-15

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 |
|---|---|---|---|---|---|
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $110.9M | 263,705 | 4.2% | 17 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $83.7M | 554,855 | 3.2% | 17 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $78.2M | 455,952 | 3.0% | 17 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $73.7M | 408,483 | 2.8% | 17 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $71.4M | 78,993 | 2.7% | 17 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $58.0M | 120,485 | 2.2% | 17 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $44.1M | 89,244 | 1.7% | 17 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $40.8M | 83,976 | 1.6% | 17 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $40.0M | 104,402 | 1.5% | 17 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $33.3M | 42,778 | 1.3% | 17 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $30.0M | 105,500 | 1.1% | 6 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $29.5M | 482,550 | 1.1% | 17 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $28.8M | 39,346 | 1.1% | 17 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $27.5M | 54,591 | 1.1% | 17 |
| MODINE MFG CO | [MOD](https://holderbook.com/stocks/MOD/) | $25.1M | 264,163 | 1.0% | 3 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $23.4M | 182,206 | 0.9% | 6 |
| AUTODESK INC | [ADSK](https://holderbook.com/stocks/ADSK/) | $22.7M | 87,134 | 0.9% | 6 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $22.6M | 282,692 | 0.9% | 17 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $22.4M | 257,013 | 0.9% | 17 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $22.3M | 112,428 | 0.8% | 17 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $21.4M | 277,427 | 0.8% | 17 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $20.3M | 80,599 | 0.8% | 6 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $18.7M | 39,234 | 0.7% | 17 |
| JACOBS SOLUTIONS INC | [J](https://holderbook.com/stocks/J/) | $17.4M | 113,058 | 0.7% | 7 |
| STERLING INFRASTRUCTURE INC | [STRL](https://holderbook.com/stocks/STRL/) | $17.2M | 156,184 | 0.7% | 4 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $16.8M | 96,164 | 0.6% | 8 |
| ENPRO INC | [NPO](https://holderbook.com/stocks/NPO/) | $16.6M | 98,640 | 0.6% | 7 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $16.6M | 78,099 | 0.6% | 16 |
| INSIGHT ENTERPRISES INC | [NSIT](https://holderbook.com/stocks/NSIT/) | $16.3M | 87,871 | 0.6% | 17 |
| MACOM TECH SOLUTIONS HLDGS I | [MTSI](https://holderbook.com/stocks/MTSI/) | $16.2M | 169,759 | 0.6% | 17 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $15.8M | 135,918 | 0.6% | 17 |
| APPLIED INDL TECHNOLOGIES IN | [AIT](https://holderbook.com/stocks/AIT/) | $15.6M | 78,797 | 0.6% | 12 |
| KADANT INC | [KAI](https://holderbook.com/stocks/KAI/) | $15.2M | 46,326 | 0.6% | 17 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $15.2M | 43,822 | 0.6% | 4 |
| MUELLER INDS INC | [MLI](https://holderbook.com/stocks/MLI/) | $15.2M | 281,102 | 0.6% | 17 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $14.8M | 295,195 | 0.6% | 17 |
| VEEVA SYS INC | [VEEV](https://holderbook.com/stocks/VEEV/) | $14.6M | 63,116 | 0.6% | 5 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $14.5M | 70,864 | 0.6% | 17 |
| ENSIGN GROUP INC | [ENSG](https://holderbook.com/stocks/ENSG/) | $14.5M | 116,853 | 0.6% | 17 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $14.5M | 94,449 | 0.6% | 17 |
| WORKDAY INC | [WDAY](https://holderbook.com/stocks/WDAY/) | $14.4M | 52,612 | 0.5% | 1 |
| MATERION CORP | [MTRN](https://holderbook.com/stocks/MTRN/) | $14.3M | 108,587 | 0.5% | 17 |
| MYR GROUP INC | [MYRG](https://holderbook.com/stocks/MYRG/) | $14.2M | 80,340 | 0.5% | 6 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $14.1M | 89,010 | 0.5% | 17 |
| SPS COMM INC | [SPSC](https://holderbook.com/stocks/SPSC/) | $13.7M | 74,263 | 0.5% | 17 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $13.7M | 43,816 | 0.5% | 17 |
| COMFORT SYS USA INC | [FIX](https://holderbook.com/stocks/FIX/) | $13.6M | 62,241 | 0.5% | 8 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $13.5M | 105,612 | 0.5% | 15 |
| SAIA INC | [SAIA](https://holderbook.com/stocks/SAIA/) | $13.5M | 23,123 | 0.5% | 17 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $13.3M | 318,184 | 0.5% | 17 |
| BELLRING BRANDS INC | [BRBR](https://holderbook.com/stocks/BRBR/) | $13.2M | 224,070 | 0.5% | 9 |
| VONTIER CORPORATION | [VNT](https://holderbook.com/stocks/VNT/) | $13.1M | 287,812 | 0.5% | 4 |
| INSTALLED BLDG PRODS INC | [IBP](https://holderbook.com/stocks/IBP/) | $13.0M | 50,118 | 0.5% | 2 |
| BOOT BARN HLDGS INC | [BOOT](https://holderbook.com/stocks/BOOT/) | $12.9M | 135,144 | 0.5% | 16 |
| CHAMPIONX CORPORATION | [CHX](https://holderbook.com/stocks/CHX/) | $12.8M | 356,760 | 0.5% | 9 |
| PALOMAR HLDGS INC | [PLMR](https://holderbook.com/stocks/PLMR/) | $12.4M | 147,940 | 0.5% | 15 |
| VALVOLINE INC | [VVV](https://holderbook.com/stocks/VVV/) | $12.4M | 277,683 | 0.5% | 9 |
| ESCO TECHNOLOGIES INC | [ESE](https://holderbook.com/stocks/ESE/) | $12.1M | 113,085 | 0.5% | 17 |
| MAGNOLIA OIL & GAS CORP | [MGY](https://holderbook.com/stocks/MGY/) | $12.0M | 462,437 | 0.5% | 13 |
| NMI HLDGS INC | [NMIH](https://holderbook.com/stocks/NMIH/) | $11.9M | 367,058 | 0.5% | 17 |
| PRESTIGE CONSMR HEALTHCARE I | [PBH](https://holderbook.com/stocks/PBH/) | $11.8M | 162,381 | 0.4% | 8 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $11.7M | 128,332 | 0.4% | 7 |
| NAPCO SEC TECHNOLOGIES INC | [NSSC](https://holderbook.com/stocks/NSSC/) | $11.7M | 291,145 | 0.4% | 2 |
| INTER PARFUMS INC | [IPAR](https://holderbook.com/stocks/IPAR/) | $11.5M | 81,728 | 0.4% | 14 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $11.4M | 70,392 | 0.4% | 17 |
| PROGRESS SOFTWARE CORP | [PRGS](https://holderbook.com/stocks/PRGS/) | $11.4M | 212,915 | 0.4% | 6 |
| MURPHY OIL CORP | [MUR](https://holderbook.com/stocks/MUR/) | $11.3M | 248,315 | 0.4% | 12 |
| KIRBY CORP | [KEX](https://holderbook.com/stocks/KEX/) | $11.3M | 118,978 | 0.4% | 9 |
| OLLIES BARGAIN OUTLET HLDGS | [OLLI](https://holderbook.com/stocks/OLLI/) | $11.3M | 141,976 | 0.4% | 8 |
| MERIT MED SYS INC | [MMSI](https://holderbook.com/stocks/MMSI/) | $11.2M | 147,377 | 0.4% | 13 |
| AVIENT CORPORATION | [AVNT](https://holderbook.com/stocks/AVNT/) | $11.1M | 256,269 | 0.4% | 15 |
| CASELLA WASTE SYS INC | [CWST](https://holderbook.com/stocks/CWST/) | $11.1M | 111,945 | 0.4% | 17 |
| VICTORY CAP HLDGS INC DEL | [VCTR](https://holderbook.com/stocks/VCTR/) | $10.9M | 256,139 | 0.4% | 3 |
| HURON CONSULTING GROUP INC | [HURN](https://holderbook.com/stocks/HURN/) | $10.8M | 111,829 | 0.4% | 5 |
| EVERCORE INC | [EVR](https://holderbook.com/stocks/EVR/) | $10.7M | 84,178 | 0.4% | 17 |
| KITE REALTY GROUP TRUST | [KRG](https://holderbook.com/stocks/KRG/) | $10.7M | 491,534 | 0.4% | 12 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $10.6M | 50,397 | 0.4% | 1 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $10.6M | 12,682 | 0.4% | 17 |
| PATHWARD FINANCIAL INC | [CASH](https://holderbook.com/stocks/CASH/) | $10.5M | 208,076 | 0.4% | 17 |
| UFP INDUSTRIES INC | [UFPI](https://holderbook.com/stocks/UFPI/) | $10.5M | 85,337 | 0.4% | 16 |
| BELDEN INC | [BDC](https://holderbook.com/stocks/BDC/) | $10.4M | 111,907 | 0.4% | 7 |
| WINTRUST FINL CORP | [WTFC](https://holderbook.com/stocks/WTFC/) | $10.2M | 97,940 | 0.4% | 17 |
| FRANKLIN ELEC INC | [FELE](https://holderbook.com/stocks/FELE/) | $10.2M | 95,200 | 0.4% | 12 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $10.0M | 173,335 | 0.4% | 17 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $9.9M | 229,901 | 0.4% | 17 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $9.8M | 162,637 | 0.4% | 17 |
| LIGAND PHARMACEUTICALS INC | [LGND](https://holderbook.com/stocks/LGND/) | $9.8M | 133,567 | 0.4% | 5 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $9.7M | 20,082 | 0.4% | 17 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $9.5M | 52,715 | 0.4% | 17 |
| BANK OZK LITTLE ROCK ARK | [OZK](https://holderbook.com/stocks/OZK/) | $9.2M | 203,065 | 0.4% | 17 |
| POST HLDGS INC | [POST](https://holderbook.com/stocks/POST/) | $9.1M | 85,942 | 0.3% | 8 |
| ENTERPRISE FINL SVCS CORP | [EFSC](https://holderbook.com/stocks/EFSC/) | $9.1M | 224,960 | 0.3% | 6 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $9.1M | 93,462 | 0.3% | 16 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $9.0M | 81,317 | 0.3% | 17 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $8.9M | 94,467 | 0.3% | 17 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $8.9M | 24,765 | 0.3% | 17 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $8.8M | 12,167 | 0.3% | 17 |
| ASTRANA HEALTH INC | [ASTH](https://holderbook.com/stocks/ASTH/) | $8.6M | 204,506 | 0.3% | 5 |
| ATKORE INC | [ATKR](https://holderbook.com/stocks/ATKR/) | $8.6M | 64,824 | 0.3% | 17 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $8.5M | 36,904 | 0.3% | 17 |

## 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 |
|---|---|---|---|---|
| Q1 2024 | +9.2% | +10.0% | -0.9% | 100% |
| Q4 2023 | +11.1% | +11.2% | -0.1% | 99% |
| Q3 2023 | -2.8% | -3.6% | +0.8% | 100% |
| Q2 2023 | +6.2% | +8.3% | -2.1% | 100% |
| Q1 2023 | +5.7% | +7.0% | -1.3% | 100% |
| Q4 2022 | +7.6% | +7.1% | +0.5% | 100% |
| Q3 2022 | -4.5% | -5.3% | +0.8% | 100% |
| Q2 2022 | -16.2% | -16.5% | +0.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2024 | $2.6B | 401 |
| Q4 2023 | $2.2B | 389 |
| Q3 2023 | $2.5B | 387 |
| Q2 2023 | $2.6B | 393 |
| Q1 2023 | $2.5B | 398 |
| Q4 2022 | $2.4B | 394 |
| Q3 2022 | $2.3B | 383 |
| Q2 2022 | $2.4B | 386 |
| Q1 2022 | $2.4B | 364 |
| Q4 2021 | $2.8B | 416 |
| Q3 2021 | $2.8B | 424 |
| Q2 2021 | $3.0B | 430 |