# Gardiner Nancy B

> Institutional holdings reported to the SEC as of Q2 2020 on Form 13F. CIK 1661532. Source: https://holderbook.com/funds/1661532-gardiner-nancy-b/

- Reported value: $60.4M
- Positions: 64
- Weight of the ten largest: 34.5%
- Filed: 2020-07-28

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/) | $3.4M | 9,280 | 5.6% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.6M | 935 | 4.3% | 7 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $2.2M | 14,930 | 3.7% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.1M | 1,457 | 3.4% | 7 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.9M | 16,001 | 3.2% | 7 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $1.8M | 20,090 | 2.9% | 7 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.8M | 7,052 | 2.9% | 7 |
| UNILEVER PLC | [ULXXXX](https://holderbook.com/stocks/ULXXXX/) | $1.7M | 31,599 | 2.9% | 7 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.7M | 5,849 | 2.9% | 7 |
| NESTLE SA ADR | [NSRGY](https://holderbook.com/stocks/NSRGY/) | $1.6M | 14,730 | 2.7% | 7 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $1.6M | 9,293 | 2.7% | 7 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.6M | 11,300 | 2.6% | 7 |
| APTARGROUP INC | [ATR](https://holderbook.com/stocks/ATR/) | $1.4M | 12,775 | 2.4% | 7 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $1.4M | 15,844 | 2.3% | 7 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $1.4M | 12,115 | 2.2% | 7 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.3M | 6,618 | 2.2% | 7 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $1.3M | 13,630 | 2.2% | 7 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.3M | 22,000 | 2.2% | 7 |
| NOVOZYMES A S DKK 2.0 | - | $1.3M | 22,350 | 2.1% | 7 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $1.3M | 7,120 | 2.1% | 7 |
| XILINX INC | [XLNX](https://holderbook.com/stocks/XLNX/) | $1.2M | 12,418 | 2.0% | 7 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $1.2M | 5,057 | 2.0% | 6 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $1.1M | 12,305 | 1.9% | 7 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.1M | 5,675 | 1.8% | 7 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $1.1M | 2,430 | 1.8% | 7 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $1.0M | 8,460 | 1.7% | 7 |
| ILLUMINA INC | [ILMN](https://holderbook.com/stocks/ILMN/) | $940.0K | 2,535 | 1.6% | 7 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $816.0K | 2,690 | 1.4% | 7 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $755.0K | 3,125 | 1.3% | 7 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $701.0K | 10,790 | 1.2% | 7 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $691.0K | 4,435 | 1.1% | 7 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $686.0K | 13,570 | 1.1% | 7 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $683.0K | 3,210 | 1.1% | 7 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $669.0K | 3,365 | 1.1% | 7 |
| ORSTED A S | - | $669.0K | 5,820 | 1.1% | 7 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $666.0K | 471 | 1.1% | 7 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $656.0K | 665 | 1.1% | 7 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $656.0K | 5,184 | 1.1% | 7 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $601.0K | 7,500 | 1.0% | 7 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $598.0K | 4,510 | 1.0% | 7 |
| MCCORMICK & CO INC | [MKC](https://holderbook.com/stocks/MKC/) | $551.0K | 3,070 | 0.9% | 7 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $545.0K | 2,400 | 0.9% | 7 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $528.0K | 5,375 | 0.9% | 7 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $526.0K | 13,500 | 0.9% | 7 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $513.0K | 11,000 | 0.8% | 7 |
| KEYENCE CORP | - | $500.0K | 1,200 | 0.8% | 7 |
| XYLEM INC | [XYL](https://holderbook.com/stocks/XYL/) | $467.0K | 7,192 | 0.8% | 7 |
| FACTSET RESH SYS INC | [FDS](https://holderbook.com/stocks/FDS/) | $443.0K | 1,350 | 0.7% | 7 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $426.0K | 6,900 | 0.7% | 1 |
| ROCHE HLDG AG          FSPONSORED ADR           1 ADR RE  0.125  ORD SHS | [RHHBY](https://holderbook.com/stocks/RHHBY/) | $421.0K | 9,715 | 0.7% | 7 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $417.0K | 4,675 | 0.7% | 7 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $405.0K | 5,505 | 0.7% | 7 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $361.0K | 1,227 | 0.6% | 1 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $347.0K | 5,600 | 0.6% | 7 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $338.0K | 2,150 | 0.6% | 7 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $311.0K | 4,750 | 0.5% | 7 |
| SMUCKER J M CO | [SJM](https://holderbook.com/stocks/SJM/) | $301.0K | 2,850 | 0.5% | 7 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $280.0K | 2,000 | 0.5% | 7 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $275.0K | 1,626 | 0.5% | 7 |
| FORTIVE CORP | [FTV](https://holderbook.com/stocks/FTV/) | $271.0K | 4,000 | 0.4% | 6 |
| ORMAT TECHNOLOGIES INC | [ORA](https://holderbook.com/stocks/ORA/) | $244.0K | 3,840 | 0.4% | 4 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $238.0K | 3,750 | 0.4% | 1 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $216.0K | 698 | 0.4% | 1 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $213.0K | 2,755 | 0.4% | 7 |

## 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 |
|---|---|---|---|---|
| Q2 2020 | +19.2% | +19.6% | -0.4% | 96% |
| Q1 2020 | -15.6% | -19.9% | +4.3% | 97% |
| Q4 2019 | +6.7% | +8.5% | -1.7% | 97% |
| Q3 2019 | -0.5% | +1.3% | -1.8% | 97% |
| Q2 2019 | +3.9% | +3.7% | +0.2% | 97% |
| Q1 2019 | +16.2% | +13.0% | +3.2% | 96% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2020 | $60.4M | 64 |
| Q1 2020 | $49.7M | 62 |
| Q4 2019 | $62.6M | 68 |
| Q3 2019 | $58.9M | 67 |
| Q2 2019 | $61.3M | 70 |
| Q1 2019 | $58.5M | 69 |
| Q4 2018 | $49.2M | 65 |