# Biechele Royce Advisors

> Institutional holdings reported to the SEC as of Q3 2024 on Form 13F. CIK 1730808. Source: https://holderbook.com/funds/1730808-biechele-royce-advisors/

- Reported value: $303.4M
- Positions: 55
- Weight of the ten largest: 62.9%
- Filed: 2024-10-29

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/) | $26.6M | 114,250 | 8.8% | 24 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $23.8M | 331,011 | 7.8% | 19 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $23.6M | 116,623 | 7.8% | 24 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $20.9M | 64,848 | 6.9% | 24 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $17.8M | 197,754 | 5.9% | 8 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $17.1M | 271,413 | 5.6% | 24 |
| BORGWARNER INC | [BWA](https://holderbook.com/stocks/BWA/) | $16.7M | 461,454 | 5.5% | 24 |
| ROBERT HALF INC. | [RHI](https://holderbook.com/stocks/RHI/) | $15.8M | 233,954 | 5.2% | 24 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $14.9M | 109,205 | 4.9% | 24 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $13.7M | 481,174 | 4.5% | 24 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $13.6M | 210,531 | 4.5% | 18 |
| ON SEMICONDUCTOR CORP | [ON](https://holderbook.com/stocks/ON/) | $10.9M | 150,732 | 3.6% | 24 |
| PENTAIR PLC | [PNR](https://holderbook.com/stocks/PNR/) | $7.5M | 76,274 | 2.5% | 10 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $7.3M | 17,514 | 2.4% | 9 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $7.2M | 18,310 | 2.4% | 19 |
| ZIMMER BIOMET HOLDINGS INC | [ZBH](https://holderbook.com/stocks/ZBH/) | $7.1M | 66,110 | 2.4% | 24 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $6.9M | 7,824 | 2.3% | 24 |
| NUCOR CORP | [NUE](https://holderbook.com/stocks/NUE/) | $6.9M | 45,629 | 2.3% | 19 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $6.4M | 23,141 | 2.1% | 14 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $5.4M | 230,546 | 1.8% | 24 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $4.0M | 95,340 | 1.3% | 24 |
| KELLOGG CO | [K](https://holderbook.com/stocks/K/) | $3.2M | 39,257 | 1.0% | 24 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $2.7M | 122,926 | 0.9% | 24 |
| WARNER BROS DISCOVERY INC | [WBD](https://holderbook.com/stocks/WBD/) | $2.6M | 315,721 | 0.9% | 10 |
| AVERY DENNISON CORP | [AVY](https://holderbook.com/stocks/AVY/) | $1.9M | 8,614 | 0.6% | 24 |
| REDDIT INC | [RDDT](https://holderbook.com/stocks/RDDT/) | $1.8M | 26,603 | 0.6% | 1 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.6M | 3,676 | 0.5% | 14 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.5M | 8,676 | 0.5% | 14 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.4M | 2,965 | 0.4% | 24 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.1M | 5,797 | 0.4% | 18 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $918.0K | 1,592 | 0.3% | 15 |
| AIRBNB INC | [ABNB](https://holderbook.com/stocks/ABNB/) | $894.0K | 7,050 | 0.3% | 14 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $859.0K | 5,177 | 0.3% | 13 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $840.0K | 6,913 | 0.3% | 5 |
| REAVES UTIL INCOME FD | [UTG](https://holderbook.com/stocks/UTG/) | $799.0K | 24,350 | 0.3% | 12 |
| GITLAB INC | [GTLB](https://holderbook.com/stocks/GTLB/) | $731.0K | 14,192 | 0.2% | 9 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $640.0K | 10,755 | 0.2% | 9 |
| WEYERHAEUSER CO | [WY](https://holderbook.com/stocks/WY/) | $552.0K | 16,289 | 0.2% | 24 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $540.0K | 6,684 | 0.2% | 13 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $538.0K | 1,899 | 0.2% | 23 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $439.0K | 1,084 | 0.1% | 7 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $383.0K | 669 | 0.1% | 6 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $378.0K | 2,259 | 0.1% | 6 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $336.0K | 379 | 0.1% | 6 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $321.0K | 2,729 | 0.1% | 13 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $301.0K | 1,213 | 0.1% | 16 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $291.0K | 6,081 | 0.1% | 3 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $274.0K | 2,264 | 0.1% | 3 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $272.0K | 1,597 | 0.1% | 12 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $262.0K | 3,130 | 0.1% | 6 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $237.0K | 1,198 | 0.1% | 7 |
| DROPBOX INC | [DBX](https://holderbook.com/stocks/DBX/) | $233.0K | 9,146 | 0.1% | 6 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $225.0K | 1,391 | 0.1% | 13 |
| PIMCO DYNAMIC INCOME OPRNTS | [PDO](https://holderbook.com/stocks/PDO/) | $217.0K | 15,400 | 0.1% | 2 |
| BLUE OWL CAPITAL CORPORATION | [OBDC](https://holderbook.com/stocks/OBDC/) | $206.0K | 14,150 | 0.1% | 2 |

## 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 | +4.1% | +5.4% | -1.3% | 100% |
| Q2 2024 | -3.5% | +4.0% | -7.5% | 100% |
| Q1 2024 | +3.2% | +10.0% | -6.9% | 100% |
| Q4 2023 | +9.6% | +11.2% | -1.5% | 100% |
| Q3 2023 | -3.7% | -3.6% | -0.2% | 100% |
| Q2 2023 | +3.8% | +8.3% | -4.5% | 100% |
| Q1 2023 | +6.0% | +7.0% | -1.0% | 100% |
| Q4 2022 | +10.8% | +7.1% | +3.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2024 | $303.4M | 55 |
| Q2 2024 | $296.1M | 57 |
| Q1 2024 | $301.6M | 60 |
| Q4 2023 | $305.4M | 66 |
| Q3 2023 | $271.3M | 65 |
| Q2 2023 | $287.1M | 70 |
| Q1 2023 | $268.9M | 65 |
| Q4 2022 | $245.2M | 61 |
| Q3 2022 | $212.5M | 66 |
| Q2 2022 | $225.0M | 60 |
| Q1 2022 | $250.8M | 64 |
| Q4 2021 | $249.9M | 64 |