# SONORA INVESTMENT MANAGEMENT, LLC

> Institutional holdings reported to the SEC as of Q3 2021 on Form 13F. CIK 1418539. Source: https://holderbook.com/funds/1418539-sonora-investment-management-llc/

- Reported value: $797.8M
- Positions: 1,064
- Weight of the ten largest: 25.6%
- Filed: 2021-11-12

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/) | $41.3M | 291,908 | 5.2% | 8 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $37.6M | 133,414 | 4.7% | 12 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $25.4M | 9,533 | 3.2% | 12 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $20.2M | 156,763 | 2.5% | 12 |
| REPUBLIC SVCS INC | [RSG](https://holderbook.com/stocks/RSG/) | $13.9M | 115,741 | 1.7% | 12 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $13.5M | 116,386 | 1.7% | 2 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $13.5M | 41,142 | 1.7% | 12 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $12.9M | 78,904 | 1.6% | 12 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $12.9M | 28,672 | 1.6% | 12 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $12.6M | 77,722 | 1.6% | 12 |
| MGM GROWTH PPTYS LLC | [MGP](https://holderbook.com/stocks/MGP/) | $12.5M | 327,092 | 1.6% | 12 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $12.5M | 21,680 | 1.6% | 12 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $12.5M | 89,496 | 1.6% | 12 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $12.5M | 89,116 | 1.6% | 12 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $12.4M | 287,236 | 1.5% | 12 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $12.2M | 82,084 | 1.5% | 12 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $11.3M | 58,561 | 1.4% | 12 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $11.2M | 129,059 | 1.4% | 12 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $11.0M | 73,098 | 1.4% | 12 |
| DTE ENERGY CO | [DTP](https://holderbook.com/stocks/DTP/) | $10.7M | 212,518 | 1.3% | 8 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $10.5M | 193,347 | 1.3% | 12 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $10.2M | 174,737 | 1.3% | 8 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $10.2M | 29,619 | 1.3% | 12 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $9.8M | 74,226 | 1.2% | 12 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $9.8M | 130,414 | 1.2% | 2 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $9.8M | 49,801 | 1.2% | 12 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $9.7M | 113,267 | 1.2% | 2 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $9.7M | 163,608 | 1.2% | 12 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $9.4M | 133,900 | 1.2% | 12 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $9.0M | 95,527 | 1.1% | 12 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $9.0M | 81,189 | 1.1% | 12 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $8.8M | 163,104 | 1.1% | 12 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $8.7M | 2,655 | 1.1% | 8 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $8.4M | 39,586 | 1.1% | 12 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $8.3M | 24,848 | 1.0% | 12 |
| NEXTERA ENERGY INC | [NEEPRP](https://holderbook.com/stocks/NEEPRP/) | $8.3M | 162,413 | 1.0% | 7 |
| EVERGY INC | [EVRG](https://holderbook.com/stocks/EVRG/) | $7.7M | 123,759 | 1.0% | 10 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $7.6M | 44,661 | 0.9% | 12 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $7.4M | 21,739 | 0.9% | 12 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $7.2M | 32,258 | 0.9% | 12 |
| LYONDELLBASELL INDUSTRIES NV | [LYB](https://holderbook.com/stocks/LYB/) | $7.2M | 76,333 | 0.9% | 12 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $7.1M | 29,628 | 0.9% | 12 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $7.1M | 36,402 | 0.9% | 12 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $6.9M | 55,379 | 0.9% | 2 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $6.8M | 21,376 | 0.9% | 12 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $6.5M | 30,789 | 0.8% | 8 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $6.5M | 37,228 | 0.8% | 12 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $6.4M | 2,402 | 0.8% | 12 |
| GENERAL MILLS INC | [GIS](https://holderbook.com/stocks/GIS/) | $6.2M | 103,505 | 0.8% | 12 |
| SOUTHWEST AIRLS CO | [LUV](https://holderbook.com/stocks/LUV/) | $6.0M | 117,561 | 0.8% | 12 |
| AMERICAN ELEC PWR CO INC | [AEPPL](https://holderbook.com/stocks/AEPPL/) | $6.0M | 126,647 | 0.8% | 7 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $5.9M | 28,693 | 0.7% | 12 |
| MGM RESORTS INTERNATIONAL | [MGM](https://holderbook.com/stocks/MGM/) | $5.8M | 134,770 | 0.7% | 12 |
| LEGGETT & PLATT INC | [LEG](https://holderbook.com/stocks/LEG/) | $5.6M | 124,439 | 0.7% | 12 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $5.5M | 14,128 | 0.7% | 12 |
| IONIS PHARMACEUTICALS INC | [IONS](https://holderbook.com/stocks/IONS/) | $5.5M | 163,703 | 0.7% | 12 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $5.3M | 100,419 | 0.7% | 12 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $5.0M | 44,908 | 0.6% | 12 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $4.9M | 181,414 | 0.6% | 12 |
| RPM INTL INC | [RPM](https://holderbook.com/stocks/RPM/) | $4.8M | 61,407 | 0.6% | 12 |
| GRAFTECH INTL LTD | [EAF](https://holderbook.com/stocks/EAF/) | $4.6M | 446,485 | 0.6% | 2 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $4.2M | 79,585 | 0.5% | 12 |
| CLEVELAND-CLIFFS INC NEW | [CLF](https://holderbook.com/stocks/CLF/) | $4.1M | 208,160 | 0.5% | 2 |
| IRON MTN INC DEL | [IRM](https://holderbook.com/stocks/IRM/) | $4.1M | 94,509 | 0.5% | 12 |
| COGNEX CORP | [CGNX](https://holderbook.com/stocks/CGNX/) | $4.1M | 51,008 | 0.5% | 12 |
| GLOBAL NET LEASE INC | [GNL](https://holderbook.com/stocks/GNL/) | $4.0M | 251,347 | 0.5% | 2 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $4.0M | 108,860 | 0.5% | 12 |
| INTRA-CELLULAR THERAPIES INC | [ITCI](https://holderbook.com/stocks/ITCI/) | $3.4M | 90,531 | 0.4% | 6 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $3.3M | 197,641 | 0.4% | 12 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $3.3M | 38,469 | 0.4% | 12 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $3.2M | 54,378 | 0.4% | 12 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $3.2M | 22,762 | 0.4% | 12 |
| AGNT INC | [AGNT](https://holderbook.com/stocks/AGNT/) | $3.1M | 78,847 | 0.4% | 12 |
| CINCINNATI FINL CORP | [CINF](https://holderbook.com/stocks/CINF/) | $3.0M | 26,572 | 0.4% | 12 |
| HANESBRANDS INC | [HBI](https://holderbook.com/stocks/HBI/) | $2.9M | 171,252 | 0.4% | 9 |
| PAGSEGURO DIGITAL LTD | [PAGS](https://holderbook.com/stocks/PAGS/) | $2.8M | 54,852 | 0.4% | 9 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $2.7M | 26,502 | 0.3% | 12 |
| CLOROX CO DEL | [CLX](https://holderbook.com/stocks/CLX/) | $2.6M | 15,836 | 0.3% | 12 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $2.4M | 96,917 | 0.3% | 12 |
| TEXAS ROADHOUSE INC | [TXRH](https://holderbook.com/stocks/TXRH/) | $2.3M | 25,370 | 0.3% | 12 |
| WP CAREY INC | [WPC](https://holderbook.com/stocks/WPC/) | $2.2M | 30,046 | 0.3% | 7 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $2.0M | 54,552 | 0.3% | 12 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $1.9M | 7,214 | 0.2% | 2 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $1.7M | 11,466 | 0.2% | 12 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.7M | 6,155 | 0.2% | 8 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $1.7M | 7,256 | 0.2% | 2 |
| PLUG PWR INC | [PLUG](https://holderbook.com/stocks/PLUG/) | $1.6M | 64,207 | 0.2% | 7 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $1.6M | 54,155 | 0.2% | 12 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.5M | 3,156 | 0.2% | 2 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $1.5M | 12,992 | 0.2% | 12 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.4M | 3,347 | 0.2% | 12 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.4M | 6,671 | 0.2% | 12 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $1.3M | 6,082 | 0.2% | 8 |
| FIFTH THIRD BANCORP | [FITB](https://holderbook.com/stocks/FITB/) | $1.3M | 29,731 | 0.2% | 12 |
| HUNTSMAN CORP | [HUN](https://holderbook.com/stocks/HUN/) | $1.3M | 42,544 | 0.2% | 12 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $1.3M | 17,881 | 0.2% | 12 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $1.2M | 5,663 | 0.2% | 6 |
| MEDICAL PROPERTIES TRUST INC | [MPT](https://holderbook.com/stocks/MPT/) | $1.1M | 56,288 | 0.1% | 12 |
| WEYERHAEUSER CO | [WY](https://holderbook.com/stocks/WY/) | $1.1M | 31,003 | 0.1% | 12 |
| PINNACLE WEST CAP CORP | [PNW](https://holderbook.com/stocks/PNW/) | $1.1M | 15,225 | 0.1% | 9 |

## 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 2021 | -0.5% | +0.3% | -0.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2021 | $797.8M | 1,064 |
| Q2 2021 | $764.9M | 973 |
| Q1 2021 | $1.3B | 1,722 |
| Q4 2020 | $1.2B | 1,676 |
| Q3 2020 | $1.1B | 1,762 |
| Q2 2020 | $977.1M | 1,758 |
| Q1 2020 | $843.5M | 1,663 |
| Q4 2019 | $1.1B | 1,660 |
| Q3 2019 | $959.8M | 1,656 |
| Q2 2019 | $895.0M | 1,660 |
| Q1 2019 | $816.7M | 1,483 |
| Q4 2018 | $689.1M | 1,248 |