# Coulter & Justus Financial Services, LLC

> Institutional holdings reported to the SEC as of Q1 2024 on Form 13F. CIK 1841767. Source: https://holderbook.com/funds/1841767-coulter-justus-financial-services-llc/

- Reported value: $450.3M
- Positions: 93
- Weight of the ten largest: 42.4%
- Filed: 2024-05-03

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 |
|---|---|---|---|---|---|
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $25.1M | 125,066 | 5.6% | 1 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $24.5M | 161,104 | 5.4% | 1 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $22.6M | 99,401 | 5.0% | 1 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $21.3M | 59,606 | 4.7% | 1 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $19.2M | 166,324 | 4.3% | 1 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $18.3M | 108,218 | 4.1% | 1 |
| AGILENT TECHNOLOGIES INC | [A](https://holderbook.com/stocks/A/) | $15.7M | 108,005 | 3.5% | 1 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $15.6M | 61,253 | 3.5% | 1 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $14.2M | 104,506 | 3.2% | 1 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $14.1M | 38,531 | 3.1% | 6 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $13.7M | 78,016 | 3.0% | 1 |
| LINDE PLC | [LINXXXX](https://holderbook.com/stocks/LINXXXX/) | $13.6M | 29,270 | 3.0% | 1 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $13.4M | 101,223 | 3.0% | 1 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $11.7M | 124,894 | 2.6% | 1 |
| ISHARES TR | [IGV](https://holderbook.com/stocks/IGV/) | $11.7M | 137,195 | 2.6% | 1 |
| ROYAL CARIBBEAN GROUP | [RCL](https://holderbook.com/stocks/RCL/) | $11.4M | 82,268 | 2.5% | 1 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $11.2M | 48,397 | 2.5% | 1 |
| STERICYCLE INC | [SRCL](https://holderbook.com/stocks/SRCL/) | $10.7M | 203,361 | 2.4% | 1 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $10.7M | 36,317 | 2.4% | 1 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $9.9M | 154,172 | 2.2% | 1 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $9.3M | 62,333 | 2.1% | 1 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $9.1M | 74,312 | 2.0% | 1 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $8.3M | 95,453 | 1.8% | 1 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $8.2M | 111,668 | 1.8% | 1 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $8.1M | 28,915 | 1.8% | 1 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $7.3M | 65,684 | 1.6% | 1 |
| JPMORGAN CHASE & CO | [AMJ](https://holderbook.com/stocks/AMJ/) | $7.1M | 249,418 | 1.6% | 1 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $6.8M | 134,784 | 1.5% | 1 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $6.4M | 15,314 | 1.4% | 8 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $5.8M | 33,230 | 1.3% | 1 |
| INVESCO EXCH TRADED FD TR II | [PGX](https://holderbook.com/stocks/PGX/) | $5.2M | 435,220 | 1.1% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $5.0M | 29,048 | 1.1% | 10 |
| SEA LTD | [SE](https://holderbook.com/stocks/SE/) | $4.8M | 89,767 | 1.1% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $4.1M | 27,370 | 0.9% | 1 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $3.8M | 69,909 | 0.9% | 1 |
| J P MORGAN EXCHANGE TRADED F | [JSCP](https://holderbook.com/stocks/JSCP/) | $3.4M | 72,250 | 0.7% | 1 |
| AMPLIFY ETF TR | [DIVO](https://holderbook.com/stocks/DIVO/) | $3.2M | 81,193 | 0.7% | 1 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.4M | 4,671 | 0.5% | 1 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $2.0M | 12,403 | 0.4% | 1 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $1.8M | 55,833 | 0.4% | 1 |
| LAM RESEARCH CORP | [LRCXXXXX](https://holderbook.com/stocks/LRCXXXXX/) | $1.7M | 1,792 | 0.4% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.3M | 7,298 | 0.3% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.3M | 8,031 | 0.3% | 1 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $1.2M | 6,419 | 0.3% | 1 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $1.1M | 5,150 | 0.2% | 1 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $1.0M | 1,235 | 0.2% | 1 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $916.9K | 2,664 | 0.2% | 1 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $873.5K | 8,118 | 0.2% | 1 |
| TAITRON COMPONENTS INC | [TAIT](https://holderbook.com/stocks/TAIT/) | $851.4K | 264,397 | 0.2% | 1 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $835.4K | 20,336 | 0.2% | 1 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $821.1K | 6,256 | 0.2% | 1 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $802.9K | 12,230 | 0.2% | 1 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $765.2K | 6,583 | 0.2% | 8 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $753.6K | 1,792 | 0.2% | 8 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $749.5K | 10,098 | 0.2% | 1 |
| WISDOMTREE TR | [DLN](https://holderbook.com/stocks/DLN/) | $721.9K | 10,000 | 0.2% | 1 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $720.9K | 3,500 | 0.2% | 1 |
| SPDR SERIES TRUST | [JNK](https://holderbook.com/stocks/JNK/) | $720.0K | 7,563 | 0.2% | 1 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $680.6K | 1,774 | 0.2% | 1 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $674.7K | 4,567 | 0.1% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $640.2K | 1,442 | 0.1% | 1 |
| BANCO SANTANDER S.A. | [SAN](https://holderbook.com/stocks/SAN/) | $556.6K | 115,000 | 0.1% | 1 |
| BANCO BILBAO VIZCAYA ARGENTA | [BBVA](https://holderbook.com/stocks/BBVA/) | $548.2K | 46,297 | 0.1% | 1 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $543.7K | 6,995 | 0.1% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $516.8K | 572 | 0.1% | 1 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $467.4K | 29,712 | 0.1% | 1 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $434.2K | 1,092 | 0.1% | 1 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $415.9K | 14,988 | 0.1% | 2 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $395.5K | 3,149 | 0.1% | 1 |
| AECOM | [ACM](https://holderbook.com/stocks/ACM/) | $392.3K | 4,000 | 0.1% | 1 |
| ISHARES TR | [ILCG](https://holderbook.com/stocks/ILCG/) | $390.5K | 5,174 | 0.1% | 1 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $361.0K | 2,000 | 0.1% | 1 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $343.8K | 4,753 | 0.1% | 1 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $339.4K | 5,009 | 0.1% | 1 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $334.8K | 1,869 | 0.1% | 1 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $331.3K | 688 | 0.1% | 1 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $316.8K | 6,139 | 0.1% | 1 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $301.1K | 3,074 | 0.1% | 1 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $282.4K | 4,650 | 0.1% | 1 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $258.2K | 6,000 | 0.1% | 1 |
| ISHARES TR | [USIG](https://holderbook.com/stocks/USIG/) | $251.4K | 4,952 | 0.1% | 1 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $245.8K | 316 | 0.1% | 5 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $243.5K | 1,439 | 0.1% | 1 |
| CDW CORP | [CDW](https://holderbook.com/stocks/CDW/) | $234.0K | 915 | 0.1% | 1 |
| BIONTECH SE | [BNTX](https://holderbook.com/stocks/BNTX/) | $230.6K | 2,500 | 0.1% | 1 |
| BP PLC | [BP](https://holderbook.com/stocks/BP/) | $230.0K | 6,103 | 0.1% | 1 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $216.3K | 866 | 0.0% | 1 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $215.8K | 4,387 | 0.0% | 1 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $212.8K | 3,537 | 0.0% | 3 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $208.2K | 1,832 | 0.0% | 1 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $205.4K | 3,365 | 0.0% | 1 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $203.9K | 388 | 0.0% | 1 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $200.2K | 1,589 | 0.0% | 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 |
|---|---|---|---|---|
| Q1 2024 | +6.7% | +10.0% | -3.3% | 100% |
| Q4 2023 | +7.4% | +11.2% | -3.8% | 100% |
| Q3 2023 | -1.5% | -3.6% | +2.1% | 100% |
| Q2 2023 | +1.9% | +8.3% | -6.4% | 100% |
| Q1 2023 | +4.5% | +7.0% | -2.5% | 100% |
| Q4 2022 | +8.1% | +7.1% | +1.1% | 100% |
| Q3 2022 | -7.6% | -5.3% | -2.3% | 100% |
| Q2 2022 | -12.9% | -16.5% | +3.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2024 | $450.3M | 93 |
| Q4 2023 | $147.6M | 42 |
| Q3 2023 | $137.5M | 41 |
| Q2 2023 | $147.4M | 43 |
| Q1 2023 | $153.3M | 49 |
| Q4 2022 | $147.2M | 49 |
| Q3 2022 | $128.6M | 46 |
| Q2 2022 | $124.4M | 47 |
| Q1 2022 | $284.6M | 13 |
| Q4 2021 | $127.3M | 50 |