# Ashfield Capital Partners, LLC

> Institutional holdings reported to the SEC as of Q3 2022 on Form 13F. CIK 1398103. Source: https://holderbook.com/funds/1398103-ashfield-capital-partners-llc/

- Reported value: $1.2B
- Positions: 228
- Weight of the ten largest: 36.3%
- Filed: 2022-11-10

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/) | $134.1M | 970,615 | 11.3% | 16 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $76.1M | 326,812 | 6.4% | 16 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $38.3M | 398,398 | 3.2% | 16 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $32.8M | 64,877 | 2.8% | 16 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $28.7M | 111,160 | 2.4% | 16 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $26.2M | 55,572 | 2.2% | 16 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $25.6M | 50,517 | 2.2% | 16 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $25.4M | 209,391 | 2.1% | 16 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $22.6M | 81,769 | 1.9% | 16 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $21.8M | 192,708 | 1.8% | 16 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $21.8M | 122,465 | 1.8% | 16 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $21.4M | 130,532 | 1.8% | 16 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $21.4M | 153,262 | 1.8% | 16 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $19.9M | 207,618 | 1.7% | 16 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $19.1M | 98,189 | 1.6% | 16 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $18.7M | 129,157 | 1.6% | 16 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $17.4M | 354,562 | 1.5% | 10 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $17.2M | 66,681 | 1.4% | 16 |
| ALIGN TECHNOLOGY INC | [ALGN](https://holderbook.com/stocks/ALGN/) | $16.6M | 80,202 | 1.4% | 16 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $16.0M | 111,310 | 1.3% | 16 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $15.9M | 167,461 | 1.3% | 16 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $15.5M | 95,026 | 1.3% | 16 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $14.4M | 87,769 | 1.2% | 16 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $14.4M | 87,258 | 1.2% | 3 |
| TETRA TECH INC NEW | [TTEK](https://holderbook.com/stocks/TTEK/) | $13.3M | 103,097 | 1.1% | 14 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $12.6M | 55,789 | 1.1% | 16 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $11.7M | 86,606 | 1.0% | 16 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $11.2M | 88,815 | 0.9% | 16 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $11.1M | 135,253 | 0.9% | 10 |
| IQVIA HLDGS INC | [IQV](https://holderbook.com/stocks/IQV/) | $11.0M | 60,472 | 0.9% | 13 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $10.9M | 115,561 | 0.9% | 16 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $10.8M | 129,253 | 0.9% | 13 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $10.8M | 39,134 | 0.9% | 16 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $10.7M | 27,595 | 0.9% | 16 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $10.4M | 77,250 | 0.9% | 16 |
| VEEVA SYS INC | [VEEV](https://holderbook.com/stocks/VEEV/) | $10.0M | 60,887 | 0.8% | 16 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $9.6M | 84,746 | 0.8% | 16 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $9.3M | 40,392 | 0.8% | 16 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $9.2M | 16,639 | 0.8% | 16 |
| LINDE PLC | [LINXXXX](https://holderbook.com/stocks/LINXXXX/) | $9.0M | 33,315 | 0.8% | 16 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $8.9M | 68,834 | 0.8% | 16 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $8.7M | 51,981 | 0.7% | 16 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $7.9M | 44,279 | 0.7% | 16 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $7.9M | 99,593 | 0.7% | 11 |
| LAUDER ESTEE COS INC | [EL](https://holderbook.com/stocks/EL/) | $7.8M | 36,195 | 0.7% | 16 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $7.4M | 88,989 | 0.6% | 16 |
| PIONEER NAT RES CO | [PXD](https://holderbook.com/stocks/PXD/) | $7.3M | 33,694 | 0.6% | 16 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $7.1M | 34,568 | 0.6% | 16 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $6.9M | 79,887 | 0.6% | 16 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $6.7M | 107,508 | 0.6% | 16 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $6.4M | 90,339 | 0.5% | 16 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $5.9M | 41,244 | 0.5% | 9 |
| AIRBNB INC | [ABNB](https://holderbook.com/stocks/ABNB/) | $5.8M | 54,867 | 0.5% | 8 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $5.6M | 57,706 | 0.5% | 16 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $5.5M | 40,869 | 0.5% | 16 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $5.3M | 23,431 | 0.4% | 16 |
| TREX INC | [TREX](https://holderbook.com/stocks/TREX/) | $5.2M | 118,451 | 0.4% | 15 |
| AMERICAN WTR WKS CO INC NEW | [AWK](https://holderbook.com/stocks/AWK/) | $5.1M | 39,311 | 0.4% | 16 |
| EXPEDITORS INTL WASH INC | [EXPD](https://holderbook.com/stocks/EXPD/) | $5.1M | 57,220 | 0.4% | 16 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $4.7M | 17,811 | 0.4% | 16 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $4.7M | 72,677 | 0.4% | 16 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $4.5M | 175,829 | 0.4% | 16 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $4.4M | 52,757 | 0.4% | 16 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $4.4M | 110,842 | 0.4% | 16 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $4.4M | 24,404 | 0.4% | 16 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $4.4M | 99,496 | 0.4% | 16 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $4.0M | 42,999 | 0.3% | 16 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $3.9M | 44,682 | 0.3% | 16 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $3.9M | 19,027 | 0.3% | 16 |
| ISHARES TR | [IBB](https://holderbook.com/stocks/IBB/) | $3.8M | 32,703 | 0.3% | 16 |
| GOLDMAN SACHS ETF TR | [GSEW](https://holderbook.com/stocks/GSEW/) | $3.8M | 71,714 | 0.3% | 16 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $3.8M | 131,401 | 0.3% | 16 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $3.7M | 33,775 | 0.3% | 16 |
| DOVER CORP | [DOV](https://holderbook.com/stocks/DOV/) | $3.0M | 25,880 | 0.3% | 16 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $3.0M | 34,536 | 0.2% | 16 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $2.9M | 52,209 | 0.2% | 16 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $2.9M | 62,797 | 0.2% | 16 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $2.8M | 18,356 | 0.2% | 16 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $2.7M | 12,932 | 0.2% | 16 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.7M | 10,058 | 0.2% | 16 |
| PETCO HEALTH & WELLNESS CO I | [WOOF](https://holderbook.com/stocks/WOOF/) | $2.7M | 239,014 | 0.2% | 6 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $2.6M | 9,923 | 0.2% | 16 |
| SILICON MOTION TECHNOLOGY CO | [SIMO](https://holderbook.com/stocks/SIMO/) | $2.5M | 38,880 | 0.2% | 16 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $2.5M | 7,740 | 0.2% | 16 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $2.5M | 67,264 | 0.2% | 16 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $2.5M | 61,693 | 0.2% | 16 |
| GENERAL MILLS INC | [GIS](https://holderbook.com/stocks/GIS/) | $2.4M | 31,596 | 0.2% | 16 |
| GOLDMAN SACHS ETF TR | [GSLC](https://holderbook.com/stocks/GSLC/) | $2.4M | 34,045 | 0.2% | 16 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $2.3M | 9,962 | 0.2% | 16 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $2.2M | 36,850 | 0.2% | 16 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.2M | 21,515 | 0.2% | 16 |
| FMC CORP | [FMC](https://holderbook.com/stocks/FMC/) | $2.2M | 20,848 | 0.2% | 16 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $2.2M | 17,202 | 0.2% | 16 |
| FERRARI N V | [RACE](https://holderbook.com/stocks/RACE/) | $2.1M | 11,557 | 0.2% | 16 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $2.1M | 5,410 | 0.2% | 16 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $2.0M | 12,249 | 0.2% | 16 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $1.9M | 10,000 | 0.2% | 16 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $1.9M | 33,255 | 0.2% | 16 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $1.7M | 24,542 | 0.1% | 16 |
| JACOBS SOLUTIONS INC | [J](https://holderbook.com/stocks/J/) | $1.7M | 15,844 | 0.1% | 1 |

## 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 2022 | -6.6% | -5.3% | -1.3% | 100% |
| Q2 2022 | -17.8% | -16.5% | -1.3% | 100% |
| Q1 2022 | -7.8% | -4.9% | -2.9% | 100% |
| Q4 2021 | +13.0% | +10.7% | +2.3% | 100% |
| Q3 2021 | +0.5% | +0.3% | +0.2% | 100% |
| Q2 2021 | +9.5% | +8.0% | +1.5% | 100% |
| Q1 2021 | +3.4% | +6.0% | -2.6% | 100% |
| Q4 2020 | +11.4% | +11.6% | -0.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2022 | $1.2B | 228 |
| Q2 2022 | $1.3B | 229 |
| Q1 2022 | $1.5B | 235 |
| Q4 2021 | $1.6B | 235 |
| Q3 2021 | $1.4B | 231 |
| Q2 2021 | $1.4B | 232 |
| Q1 2021 | $1.3B | 231 |
| Q4 2020 | $1.2B | 233 |
| Q3 2020 | $1.1B | 221 |
| Q2 2020 | $1.0B | 215 |
| Q1 2020 | $822.4M | 214 |
| Q4 2019 | $1.0B | 232 |