# Bredin Investment LLC

> Institutional holdings reported to the SEC as of Q4 2019 on Form 13F. CIK 1710440. Source: https://holderbook.com/funds/1710440-bredin-investment-llc/

- Reported value: $122.1M
- Positions: 75
- Weight of the ten largest: 48.0%
- Filed: 2020-02-06

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 |
|---|---|---|---|---|---|
| DUPONT DE NEMOURS INC | [DD](https://holderbook.com/stocks/DD/) | $13.2M | 205,308 | 10.8% | 3 |
| DOW HLDGS INC | [DOW](https://holderbook.com/stocks/DOW/) | $11.2M | 205,308 | 9.2% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $8.2M | 28,000 | 6.7% | 5 |
| CORTEVA INC | [CTVA](https://holderbook.com/stocks/CTVA/) | $6.1M | 205,308 | 5.0% | 3 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $3.9M | 19,808 | 3.2% | 5 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $3.6M | 20,162 | 3.0% | 5 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $3.4M | 10,388 | 2.8% | 5 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $3.0M | 10,296 | 2.5% | 5 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $3.0M | 20,853 | 2.5% | 5 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $2.9M | 61,434 | 2.4% | 5 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $2.9M | 22,963 | 2.3% | 5 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $2.5M | 42,415 | 2.1% | 5 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $2.5M | 43,332 | 2.1% | 5 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $2.2M | 12,532 | 1.8% | 5 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $2.2M | 21,358 | 1.8% | 5 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.1M | 14,800 | 1.7% | 5 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $2.0M | 31,586 | 1.7% | 5 |
| CHEMOURS CO | [CC](https://holderbook.com/stocks/CC/) | $1.8M | 100,478 | 1.5% | 5 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.8M | 20,130 | 1.5% | 5 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $1.7M | 20,130 | 1.4% | 5 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $1.6M | 2,683 | 1.3% | 5 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.5M | 4,721 | 1.2% | 5 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.5M | 9,510 | 1.2% | 5 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $1.5M | 8,609 | 1.2% | 5 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $1.5M | 12,803 | 1.2% | 5 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.5M | 4,960 | 1.2% | 5 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $1.3M | 13,500 | 1.1% | 5 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $1.3M | 10,673 | 1.0% | 5 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $1.2M | 6,247 | 1.0% | 5 |
| BROWN FORMAN CORP | [BFA](https://holderbook.com/stocks/BFA/) | $1.1M | 18,000 | 0.9% | 5 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.1M | 9,165 | 0.9% | 3 |
| CLOROX CO DEL | [CLX](https://holderbook.com/stocks/CLX/) | $1.1M | 7,193 | 0.9% | 5 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $1.1M | 9,216 | 0.9% | 5 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.0M | 14,500 | 0.8% | 5 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $976.0K | 4,110 | 0.8% | 5 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $940.0K | 4,000 | 0.8% | 5 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $929.0K | 6,752 | 0.8% | 5 |
| WD 40 CO | [WDFC](https://holderbook.com/stocks/WDFC/) | $921.0K | 4,745 | 0.8% | 5 |
| SNAP ON INC | [SNA](https://holderbook.com/stocks/SNA/) | $860.0K | 5,075 | 0.7% | 5 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $858.0K | 3,275 | 0.7% | 5 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $841.0K | 4,650 | 0.7% | 5 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $758.0K | 5,769 | 0.6% | 5 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $728.0K | 13,741 | 0.6% | 5 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $720.0K | 8,420 | 0.6% | 5 |
| TRACTOR SUPPLY CO | [TSCO](https://holderbook.com/stocks/TSCO/) | $718.0K | 7,680 | 0.6% | 5 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $695.0K | 3,375 | 0.6% | 5 |
| BROWN FORMAN CORP | [BFB](https://holderbook.com/stocks/BFB/) | $684.0K | 10,125 | 0.6% | 5 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $665.0K | 7,309 | 0.5% | 5 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $635.0K | 3,589 | 0.5% | 5 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $629.0K | 4,600 | 0.5% | 5 |
| WEC ENERGY GROUP INC | [WEC](https://holderbook.com/stocks/WEC/) | $612.0K | 6,631 | 0.5% | 5 |
| MCCORMICK & CO INC | [MKC](https://holderbook.com/stocks/MKC/) | $606.0K | 3,568 | 0.5% | 5 |
| CHURCH & DWIGHT CO INC | [CHD](https://holderbook.com/stocks/CHD/) | $556.0K | 7,900 | 0.5% | 5 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $556.0K | 1,710 | 0.5% | 5 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $540.0K | 6,438 | 0.4% | 5 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $521.0K | 6,838 | 0.4% | 5 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $512.0K | 6,015 | 0.4% | 5 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $500.0K | 5,279 | 0.4% | 5 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $499.0K | 1,835 | 0.4% | 5 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $494.0K | 4,395 | 0.4% | 5 |
| SANOFI SA | [SNY](https://holderbook.com/stocks/SNY/) | $473.0K | 9,415 | 0.4% | 5 |
| UNITED TECHNOLOGIES CORP | [UTX](https://holderbook.com/stocks/UTX/) | $467.0K | 3,116 | 0.4% | 5 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $460.0K | 3,694 | 0.4% | 5 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $438.0K | 7,175 | 0.4% | 5 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $435.0K | 325 | 0.4% | 5 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $435.0K | 325 | 0.4% | 5 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $378.0K | 2,367 | 0.3% | 5 |
| KELLOGG CO | [K](https://holderbook.com/stocks/K/) | $342.0K | 4,942 | 0.3% | 5 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $326.0K | 8,899 | 0.3% | 5 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $323.0K | 8,245 | 0.3% | 5 |
| STEELCASE INC | [SCS](https://holderbook.com/stocks/SCS/) | $322.0K | 15,725 | 0.3% | 5 |
| CONAGRA BRANDS INC | [CAG](https://holderbook.com/stocks/CAG/) | $303.0K | 8,851 | 0.2% | 4 |
| SMUCKER J M CO | [SJM](https://holderbook.com/stocks/SJM/) | $299.0K | 2,875 | 0.2% | 5 |
| LAMB WESTON HLDGS INC | [LW](https://holderbook.com/stocks/LW/) | $254.0K | 2,950 | 0.2% | 2 |
| GENUINE PARTS CO | [GPC](https://holderbook.com/stocks/GPC/) | $239.0K | 2,250 | 0.2% | 5 |

## 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 2019 | +6.3% | +8.5% | -2.2% | 100% |
| Q3 2019 | +0.2% | +1.3% | -1.1% | 100% |
| Q2 2019 | -15.2% | +3.7% | -18.9% | 100% |
| Q1 2019 | +9.0% | +13.0% | -4.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2019 | $122.1M | 75 |
| Q3 2019 | $114.8M | 76 |
| Q2 2019 | $114.6M | 76 |
| Q1 2019 | $114.6M | 73 |
| Q4 2018 | $106.1M | 76 |