# Stewart Asset Management, LLC

> Institutional holdings reported to the SEC as of Q4 2022 on Form 13F. CIK 1803340. Source: https://holderbook.com/funds/1803340-stewart-asset-management-llc/

- Reported value: $130.5M
- Positions: 28
- Weight of the ten largest: 69.9%
- Filed: 2023-02-08

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 |
|---|---|---|---|---|---|
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $16.7M | 31,566 | 12.8% | 13 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $13.9M | 40,049 | 10.7% | 13 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $10.3M | 116,249 | 7.9% | 13 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $9.1M | 34,156 | 6.9% | 12 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $8.4M | 100,445 | 6.5% | 13 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $7.7M | 88,443 | 5.9% | 13 |
| FLOOR & DECOR HLDGS INC | [FND](https://holderbook.com/stocks/FND/) | $7.5M | 108,282 | 5.8% | 7 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $7.4M | 50,678 | 5.7% | 13 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $5.1M | 46,297 | 3.9% | 13 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $5.0M | 17,151 | 3.8% | 13 |
| DOMINOS PIZZA INC | [DPZ](https://holderbook.com/stocks/DPZ/) | $4.6M | 13,264 | 3.5% | 13 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $4.4M | 12,959 | 3.3% | 13 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $3.7M | 8,176 | 2.9% | 13 |
| MATCH GROUP INC NEW | [MTCH](https://holderbook.com/stocks/MTCH/) | $3.7M | 89,495 | 2.8% | 8 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $3.5M | 13,281 | 2.7% | 13 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.9M | 22,683 | 2.3% | 13 |
| MSCI INC | [MSCI](https://holderbook.com/stocks/MSCI/) | $2.4M | 5,180 | 1.8% | 2 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $2.1M | 3,787 | 1.6% | 2 |
| BARRICK GOLD CORP | [GOLD](https://holderbook.com/stocks/GOLD/) | $2.1M | 120,000 | 1.6% | 5 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $1.9M | 7,749 | 1.4% | 13 |
| RH | [RH](https://holderbook.com/stocks/RH/) | $1.8M | 6,605 | 1.4% | 13 |
| ALGONQUIN POWER & UTILITIES | [AQN](https://holderbook.com/stocks/AQN/) | $1.2M | 183,650 | 0.9% | 13 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.1M | 4,747 | 0.9% | 13 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $977.0K | 4,704 | 0.7% | 2 |
| ANSYS INC | [ANSS](https://holderbook.com/stocks/ANSS/) | $942.0K | 3,900 | 0.7% | 13 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $926.0K | 4,322 | 0.7% | 1 |
| POOL CORP | [POOL](https://holderbook.com/stocks/POOL/) | $749.0K | 2,478 | 0.6% | 2 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $324.0K | 3,670 | 0.2% | 1 |

## 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 2022 | +3.5% | +7.1% | -3.6% | 100% |
| Q3 2022 | -6.8% | -5.3% | -1.5% | 100% |
| Q2 2022 | -22.0% | -16.5% | -5.5% | 100% |
| Q1 2022 | -10.9% | -4.9% | -5.9% | 100% |
| Q4 2021 | +6.9% | +10.7% | -3.8% | 100% |
| Q3 2021 | -0.7% | +0.3% | -1.0% | 100% |
| Q2 2021 | +12.5% | +8.0% | +4.5% | 100% |
| Q1 2021 | +1.4% | +6.0% | -4.6% | 96% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2022 | $130.5M | 28 |
| Q3 2022 | $137.8M | 27 |
| Q2 2022 | $125.5M | 26 |
| Q1 2022 | $188.2M | 30 |
| Q4 2021 | $187.4M | 29 |
| Q3 2021 | $191.2M | 30 |
| Q2 2021 | $193.6M | 28 |
| Q1 2021 | $156.3M | 26 |
| Q4 2020 | $164.7M | 27 |
| Q3 2020 | $129.5M | 28 |
| Q2 2020 | $124.3M | 28 |
| Q1 2020 | $92.9M | 34 |