# Garrison Asset Management, LLC

> Institutional holdings reported to the SEC as of Q3 2024 on Form 13F. CIK 1519319. Source: https://holderbook.com/funds/1519319-garrison-asset-management-llc/

- Reported value: $197.1M
- Positions: 109
- Weight of the ten largest: 30.8%
- Filed: 2024-10-30

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 |
|---|---|---|---|---|---|
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $10.6M | 61,164 | 5.4% | 24 |
| ARISTA NETWORKS INC | [ANETXXXX](https://holderbook.com/stocks/ANETXXXX/) | $7.8M | 20,431 | 4.0% | 18 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $6.8M | 2,170 | 3.5% | 24 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $5.6M | 28,345 | 2.8% | 24 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $5.5M | 15,682 | 2.8% | 24 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $5.4M | 80,785 | 2.7% | 24 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $5.0M | 23,948 | 2.5% | 24 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $5.0M | 24,000 | 2.5% | 24 |
| LINCOLN ELEC HLDGS INC | [LECO](https://holderbook.com/stocks/LECO/) | $4.7M | 24,467 | 2.4% | 24 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $4.3M | 38,081 | 2.2% | 24 |
| ANSYS INC | [ANSS](https://holderbook.com/stocks/ANSS/) | $4.3M | 13,476 | 2.2% | 24 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $4.1M | 9,743 | 2.1% | 24 |
| BROADRIDGE FINL SOLUTIONS IN | [BR](https://holderbook.com/stocks/BR/) | $3.8M | 17,583 | 1.9% | 24 |
| APTARGROUP INC | [ATR](https://holderbook.com/stocks/ATR/) | $3.8M | 23,557 | 1.9% | 24 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $3.6M | 20,672 | 1.8% | 24 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $3.6M | 6,211 | 1.8% | 11 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $3.5M | 10,376 | 1.8% | 15 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $3.5M | 20,753 | 1.8% | 24 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $3.5M | 33,466 | 1.8% | 24 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $3.4M | 34,260 | 1.7% | 16 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $3.4M | 13,940 | 1.7% | 24 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $3.4M | 20,038 | 1.7% | 6 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.3M | 14,079 | 1.7% | 24 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $3.3M | 20,085 | 1.7% | 24 |
| VERISK ANALYTICS INC | [VRSK](https://holderbook.com/stocks/VRSK/) | $3.2M | 11,950 | 1.6% | 24 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $3.2M | 6,432 | 1.6% | 18 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $3.2M | 23,969 | 1.6% | 24 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $3.0M | 11,353 | 1.5% | 24 |
| LABCORP HOLDINGS INC | [LH](https://holderbook.com/stocks/LH/) | $3.0M | 13,446 | 1.5% | 2 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $2.8M | 54,003 | 1.4% | 24 |
| XYLEM INC | [XYL](https://holderbook.com/stocks/XYL/) | $2.8M | 20,384 | 1.4% | 24 |
| REVVITY INC | [RVTY](https://holderbook.com/stocks/RVTY/) | $2.7M | 20,940 | 1.4% | 20 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $2.4M | 26,314 | 1.2% | 24 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $2.2M | 41,998 | 1.1% | 24 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $2.2M | 7,249 | 1.1% | 2 |
| HUNT J B TRANS SVCS INC | [JBHT](https://holderbook.com/stocks/JBHT/) | $2.2M | 12,534 | 1.1% | 24 |
| AKAMAI TECHNOLOGIES INC | [AKAM](https://holderbook.com/stocks/AKAM/) | $2.1M | 21,125 | 1.1% | 24 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $2.1M | 51,693 | 1.1% | 24 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $2.1M | 14,920 | 1.1% | 24 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $2.1M | 6,362 | 1.1% | 2 |
| MSCI INC | [MSCI](https://holderbook.com/stocks/MSCI/) | $2.1M | 3,569 | 1.1% | 5 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $2.0M | 2,276 | 1.0% | 24 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $2.0M | 19,009 | 1.0% | 17 |
| BUNGE GLOBAL SA | [BG](https://holderbook.com/stocks/BG/) | $1.9M | 19,363 | 0.9% | 3 |
| VANGUARD WORLD FD | [VFH](https://holderbook.com/stocks/VFH/) | $1.8M | 16,580 | 0.9% | 24 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $1.8M | 14,347 | 0.9% | 5 |
| ZSCALER INC | [ZS](https://holderbook.com/stocks/ZS/) | $1.6M | 9,233 | 0.8% | 15 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.5M | 3,486 | 0.8% | 24 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $1.3M | 11,050 | 0.7% | 24 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $1.3M | 15,034 | 0.6% | 24 |
| VENTAS INC | [VTR](https://holderbook.com/stocks/VTR/) | $1.3M | 19,540 | 0.6% | 22 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $1.2M | 12,174 | 0.6% | 24 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $993.9K | 12,308 | 0.5% | 24 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $933.9K | 7,967 | 0.5% | 24 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $911.4K | 13,433 | 0.5% | 24 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $874.0K | 3,797 | 0.4% | 24 |
| WISDOMTREE TR | [DGRW](https://holderbook.com/stocks/DGRW/) | $764.0K | 9,182 | 0.4% | 24 |
| FIRST TR EXCHNG TRADED FD VI | [EIPI](https://holderbook.com/stocks/EIPI/) | $742.8K | 38,390 | 0.4% | 2 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $740.3K | 1,827 | 0.4% | 24 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $659.6K | 3,977 | 0.3% | 7 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $657.8K | 742 | 0.3% | 7 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $626.8K | 8,045 | 0.3% | 24 |
| RPM INTL INC | [RPM](https://holderbook.com/stocks/RPM/) | $617.9K | 5,107 | 0.3% | 24 |
| MID-AMER APT CMNTYS INC | [MAA](https://holderbook.com/stocks/MAA/) | $604.1K | 3,802 | 0.3% | 24 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $596.3K | 3,200 | 0.3% | 7 |
| ASPEN TECHNOLOGY INC | [AZPN](https://holderbook.com/stocks/AZPN/) | $578.7K | 2,423 | 0.3% | 9 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $567.4K | 6,829 | 0.3% | 24 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $545.5K | 2,587 | 0.3% | 8 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $527.6K | 1,919 | 0.3% | 7 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $524.1K | 17,961 | 0.3% | 24 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $502.0K | 1,851 | 0.3% | 24 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $487.5K | 6,784 | 0.2% | 24 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $470.2K | 1,718 | 0.2% | 24 |
| PROSHARES TR | [NOBL](https://holderbook.com/stocks/NOBL/) | $463.7K | 4,343 | 0.2% | 24 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $450.8K | 771 | 0.2% | 7 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $425.8K | 1,571 | 0.2% | 5 |
| GENUINE PARTS CO | [GPC](https://holderbook.com/stocks/GPC/) | $416.7K | 2,983 | 0.2% | 24 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $412.2K | 796 | 0.2% | 4 |
| INVESCO EXCHANGE TRADED FD T | [RSPG](https://holderbook.com/stocks/RSPG/) | $410.0K | 5,350 | 0.2% | 12 |
| INVESCO EXCHANGE TRADED FD T | [RSPH](https://holderbook.com/stocks/RSPH/) | $409.4K | 12,703 | 0.2% | 24 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $407.0K | 658 | 0.2% | 4 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $402.8K | 702 | 0.2% | 24 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $392.6K | 3,109 | 0.2% | 23 |
| CINTAS CORP | [CTAS](https://holderbook.com/stocks/CTAS/) | $370.8K | 1,801 | 0.2% | 4 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $368.3K | 2,276 | 0.2% | 6 |
| GARMIN LTD | [GRMN](https://holderbook.com/stocks/GRMN/) | $353.6K | 2,009 | 0.2% | 6 |
| WATERS CORP | [WAT](https://holderbook.com/stocks/WAT/) | $342.6K | 952 | 0.2% | 16 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $337.1K | 1,107 | 0.2% | 7 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $319.2K | 1,218 | 0.2% | 24 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $305.5K | 2,015 | 0.2% | 5 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $300.3K | 512 | 0.2% | 1 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $293.4K | 722 | 0.1% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $291.3K | 633 | 0.1% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $290.1K | 2,389 | 0.1% | 3 |
| WILLIS TOWERS WATSON PLC LTD | [WTW](https://holderbook.com/stocks/WTW/) | $288.6K | 980 | 0.1% | 4 |
| SONOCO PRODS CO | [SON](https://holderbook.com/stocks/SON/) | $285.9K | 5,233 | 0.1% | 24 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $284.5K | 1,260 | 0.1% | 6 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $268.7K | 949 | 0.1% | 1 |
| WP CAREY INC | [WPC](https://holderbook.com/stocks/WPC/) | $265.3K | 4,259 | 0.1% | 24 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $256.5K | 546 | 0.1% | 8 |

## 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 2024 | +5.9% | +5.4% | +0.5% | 100% |
| Q2 2024 | -0.4% | +4.0% | -4.5% | 100% |
| Q1 2024 | +8.0% | +10.0% | -2.1% | 100% |
| Q4 2023 | +10.0% | +11.2% | -1.2% | 100% |
| Q3 2023 | -2.5% | -3.6% | +1.1% | 100% |
| Q2 2023 | +4.9% | +8.3% | -3.4% | 100% |
| Q1 2023 | +4.4% | +7.0% | -2.7% | 100% |
| Q4 2022 | +10.6% | +7.1% | +3.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2024 | $197.1M | 109 |
| Q2 2024 | $190.1M | 104 |
| Q1 2024 | $190.4M | 108 |
| Q4 2023 | $181.4M | 108 |
| Q3 2023 | $163.8M | 103 |
| Q2 2023 | $166.9M | 102 |
| Q1 2023 | $161.3M | 102 |
| Q4 2022 | $154.7M | 96 |
| Q3 2022 | $141.6M | 93 |
| Q2 2022 | $149.2M | 95 |
| Q1 2022 | $177.2M | 105 |
| Q4 2021 | $183.8M | 106 |