# Cannell & Co.

> Institutional holdings reported to the SEC as of Q4 2023 on Form 13F. CIK 16972. Source: https://holderbook.com/funds/16972-cannell-co/

- Reported value: $3.2B
- Positions: 269
- Weight of the ten largest: 30.6%
- Filed: 2024-02-05

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/) | $196.8M | 523,266 | 6.2% | 21 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $119.3M | 846,786 | 3.8% | 21 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $96.4M | 270,177 | 3.1% | 21 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $89.3M | 587,885 | 2.8% | 21 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $87.1M | 452,296 | 2.8% | 21 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $82.7M | 371,534 | 2.6% | 21 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $79.8M | 1,988,248 | 2.5% | 5 |
| LABORATORY CORP AMER HLDGS | [LH](https://holderbook.com/stocks/LH/) | $77.5M | 340,869 | 2.5% | 21 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $69.7M | 1,451,650 | 2.2% | 5 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $65.7M | 331,077 | 2.1% | 16 |
| EXPAND ENERGY CORPORATION | [EXE](https://holderbook.com/stocks/EXE/) | $63.5M | 824,782 | 2.0% | 9 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $62.5M | 1,014,439 | 2.0% | 5 |
| SUPER MICRO COMPUTER INC | [SMCIXXXX](https://holderbook.com/stocks/SMCIXXXX/) | $61.6M | 216,758 | 2.0% | 8 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $58.0M | 222,462 | 1.8% | 4 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $56.5M | 146,455 | 1.8% | 21 |
| CONSTELLIUM SE | [CSTM](https://holderbook.com/stocks/CSTM/) | $51.1M | 2,561,727 | 1.6% | 17 |
| CRH PLC | [CRH](https://holderbook.com/stocks/CRH/) | $49.4M | 714,012 | 1.6% | 1 |
| NEW YORK CMNTY BANCORP INC | [NYCBXXXX](https://holderbook.com/stocks/NYCBXXXX/) | $46.8M | 4,574,137 | 1.5% | 13 |
| PINTEREST INC | [PINS](https://holderbook.com/stocks/PINS/) | $45.7M | 1,233,723 | 1.5% | 2 |
| WHITE MTNS INS GROUP LTD | [WTM](https://holderbook.com/stocks/WTM/) | $45.6M | 30,269 | 1.4% | 21 |
| EQT CORP | [EQT](https://holderbook.com/stocks/EQT/) | $43.7M | 1,130,960 | 1.4% | 6 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $41.6M | 62,959 | 1.3% | 21 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $38.3M | 347,795 | 1.2% | 21 |
| HUNTINGTON INGALLS INDS INC | [HII](https://holderbook.com/stocks/HII/) | $37.1M | 142,778 | 1.2% | 4 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $35.8M | 230,806 | 1.1% | 21 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $34.4M | 315,918 | 1.1% | 21 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $34.1M | 363,176 | 1.1% | 21 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $33.3M | 223,256 | 1.1% | 21 |
| COCA-COLA EUROPACIFIC PARTNE | [CCEP](https://holderbook.com/stocks/CCEP/) | $32.9M | 492,594 | 1.0% | 15 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $32.5M | 360,505 | 1.0% | 21 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $31.5M | 124,576 | 1.0% | 21 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $31.0M | 89,545 | 1.0% | 21 |
| PERRIGO CO PLC | [PRGO](https://holderbook.com/stocks/PRGO/) | $30.7M | 955,167 | 1.0% | 4 |
| LENNAR CORP | [LEN](https://holderbook.com/stocks/LEN/) | $30.7M | 206,023 | 1.0% | 21 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $30.0M | 132,873 | 1.0% | 21 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $28.1M | 62,058 | 0.9% | 21 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $27.9M | 129,078 | 0.9% | 21 |
| FERROGLOBE PLC | [GSM](https://holderbook.com/stocks/GSM/) | $27.0M | 4,141,905 | 0.9% | 12 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $26.4M | 331,664 | 0.8% | 21 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $25.2M | 484,752 | 0.8% | 21 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $25.2M | 35,617 | 0.8% | 21 |
| AIR LEASE CORP | [AL](https://holderbook.com/stocks/AL/) | $24.8M | 591,730 | 0.8% | 21 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $23.9M | 44 | 0.8% | 21 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $22.8M | 98,639 | 0.7% | 21 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $22.3M | 131,111 | 0.7% | 21 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $21.5M | 82,016 | 0.7% | 21 |
| FORTIVE CORP | [FTV](https://holderbook.com/stocks/FTV/) | $20.9M | 284,335 | 0.7% | 21 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $20.4M | 87,470 | 0.6% | 21 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $20.3M | 129,265 | 0.6% | 21 |
| FIDELITY NATL INFORMATION SV | [FIS](https://holderbook.com/stocks/FIS/) | $20.1M | 335,159 | 0.6% | 21 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $20.0M | 156,490 | 0.6% | 1 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $19.4M | 268,258 | 0.6% | 21 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $19.3M | 137,824 | 0.6% | 21 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $18.9M | 431,712 | 0.6% | 21 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $18.6M | 88,733 | 0.6% | 21 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $18.0M | 30,239 | 0.6% | 6 |
| CROWN HLDGS INC | [CCK](https://holderbook.com/stocks/CCK/) | $18.0M | 195,127 | 0.6% | 11 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $17.6M | 349,686 | 0.6% | 21 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $17.2M | 62,668 | 0.5% | 21 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $17.1M | 290,389 | 0.5% | 21 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $16.5M | 165,228 | 0.5% | 21 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $16.5M | 475,970 | 0.5% | 4 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $15.1M | 206,834 | 0.5% | 21 |
| BAXTER INTL INC | [BAX](https://holderbook.com/stocks/BAX/) | $14.4M | 371,873 | 0.5% | 21 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $14.3M | 83,796 | 0.5% | 21 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $14.1M | 274,317 | 0.4% | 21 |
| FIDELITY NATL FINL INC | [FNF](https://holderbook.com/stocks/FNF/) | $13.8M | 270,340 | 0.4% | 21 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $13.7M | 50,687 | 0.4% | 21 |
| QUIDELORTHO CORP | [QDEL](https://holderbook.com/stocks/QDEL/) | $13.5M | 183,174 | 0.4% | 7 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $12.1M | 109,482 | 0.4% | 21 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $11.8M | 48,175 | 0.4% | 21 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $10.9M | 129,457 | 0.3% | 15 |
| FIRST CTZNS BANCSHARES INC D | [FCNCA](https://holderbook.com/stocks/FCNCA/) | $10.8M | 7,617 | 0.3% | 21 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $10.2M | 123,751 | 0.3% | 21 |
| PAR TECHNOLOGY CORP | [PAR](https://holderbook.com/stocks/PAR/) | $10.0M | 230,573 | 0.3% | 13 |
| SPROTT ASSET MANAGEMENT LP | [PHYS](https://holderbook.com/stocks/PHYS/) | $9.9M | 618,340 | 0.3% | 16 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $9.4M | 10,742 | 0.3% | 21 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $9.2M | 167,646 | 0.3% | 21 |
| SPROTT ASSET MANAGEMENT LP | [CEF](https://holderbook.com/stocks/CEF/) | $9.2M | 478,200 | 0.3% | 21 |
| XYLEM INC | [XYL](https://holderbook.com/stocks/XYL/) | $8.9M | 77,682 | 0.3% | 21 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $8.8M | 22,060 | 0.3% | 21 |
| BALL CORP | [BALL](https://holderbook.com/stocks/BALL/) | $8.8M | 152,187 | 0.3% | 21 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $8.3M | 56,781 | 0.3% | 21 |
| CARMAX INC | [KMX](https://holderbook.com/stocks/KMX/) | $7.9M | 102,792 | 0.3% | 21 |
| ALPHA METALLURGICAL RESOUR I | [AMR](https://holderbook.com/stocks/AMR/) | $7.4M | 21,800 | 0.2% | 12 |
| CAMDEN PPTY TR | [CPT](https://holderbook.com/stocks/CPT/) | $7.4M | 74,110 | 0.2% | 1 |
| D R HORTON INC | [DHI](https://holderbook.com/stocks/DHI/) | $7.3M | 48,201 | 0.2% | 21 |
| PACKAGING CORP AMER | [PKG](https://holderbook.com/stocks/PKG/) | $7.2M | 43,890 | 0.2% | 21 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $7.1M | 13,449 | 0.2% | 21 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $7.1M | 55,428 | 0.2% | 21 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $6.9M | 23,204 | 0.2% | 21 |
| NEW YORK TIMES CO MTN BE | [NYT](https://holderbook.com/stocks/NYT/) | $6.7M | 136,741 | 0.2% | 5 |
| AXSOME THERAPEUTICS INC | [AXSM](https://holderbook.com/stocks/AXSM/) | $6.6M | 82,845 | 0.2% | 7 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $6.6M | 130,347 | 0.2% | 21 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $6.4M | 223,518 | 0.2% | 21 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $6.1M | 170,135 | 0.2% | 12 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $6.1M | 37,745 | 0.2% | 2 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $5.9M | 55,775 | 0.2% | 21 |
| OPTION CARE HEALTH INC | [OPCH](https://holderbook.com/stocks/OPCH/) | $5.9M | 174,025 | 0.2% | 3 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $5.6M | 184,259 | 0.2% | 21 |

## 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 |
|---|---|---|---|---|
| Q4 2023 | +9.8% | +11.2% | -1.4% | 100% |
| Q3 2023 | -2.0% | -3.6% | +1.6% | 100% |
| Q2 2023 | +9.2% | +8.3% | +0.9% | 100% |
| Q1 2023 | +4.0% | +7.0% | -3.1% | 100% |
| Q4 2022 | +7.7% | +7.1% | +0.7% | 100% |
| Q3 2022 | -6.2% | -5.3% | -0.9% | 100% |
| Q2 2022 | -14.8% | -16.5% | +1.7% | 100% |
| Q1 2022 | -2.5% | -4.9% | +2.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2023 | $3.2B | 269 |
| Q3 2023 | $2.9B | 259 |
| Q2 2023 | $3.0B | 261 |
| Q1 2023 | $2.8B | 268 |
| Q4 2022 | $2.8B | 260 |
| Q3 2022 | $2.6B | 261 |
| Q2 2022 | $2.8B | 270 |
| Q1 2022 | $3.3B | 279 |
| Q4 2021 | $3.5B | 289 |
| Q3 2021 | $3.3B | 281 |
| Q2 2021 | $3.3B | 277 |
| Q1 2021 | $3.2B | 274 |