Fernwood Investment Management, LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Fernwood Investment Management, LLC reported 164 stock positions worth $287.0 million. Its top holding was Texas Pacific Land (TPL) at 9.4% of the portfolio, followed by Apple (AAPL, 4.3%) and Meta Platforms Class A (META, 4.1%). Compared with Q3 2024, it opened 9 new positions, sold out of 33, added to 19 and reduced 88. The biggest buy was Texas Pacific Land (TPL, shares +0%) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −96%).

Most Recent 13F
Q4 2024
Location
QUINCY, MA
CIK
0001570296
Portfolio Value
$287.0M (Q4 2024)
SEC Filing
0001570296-25-000002 ↗ filed Feb 13, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $342.9M Q1 2024 Q2 2024: $321.9M Q2 2024 Q3 2024: $306.2M Q3 2024 Q4 2024: $287.0M $287.0M Q4 2024

Holdings 164 stocks · $287.0M
TPL Texas Pacific Land Corp. 9.44% 24,508 $27.1M Add +0.4%
AAPL Apple Inc. 4.33% 49,665 $12.4M Reduce -10.5%
META Meta Platforms Inc. Class A 4.11% 20,140 $11.8M Reduce -2.6%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 4.01% 33,477 $11.5M Reduce -1.8%
NVDA Nvidia Corp. 3.61% 77,072 $10.4M Reduce -0.3%
AMZN Amazon.com Inc. 3.15% 41,176 $9.0M Reduce -4.9%
GOOGL Alphabet Inc. Class A 2.71% 41,013 $7.8M Reduce -0.8%
BBIO Bridgebio Pharma Inc. 2.66% 278,330 $7.6M Add +6.3%
LLY Eli Lilly & Co. 2.39% 8,901 $6.9M Reduce -1.8%
AXON Axon Enterprise Inc. 2.17% 10,475 $6.2M Reduce -0.2%
MSCI MSCI Inc. 2.16% 10,354 $6.2M Add +1.4%
PLRX Pliant Therapeutics Inc. 1.95% 425,424 $5.6M Reduce -17.1%
MSFT Microsoft Corp. 1.91% 13,023 $5.5M Reduce -4.1%
MRVL Marvell Technology Inc. 1.90% 49,340 $5.4M Reduce -1.2%
ARCC Ares Capital Corp. 1.77% 232,577 $5.1M Add +0.7%
IYK iShares US Consumer Staples 1.72% 75,439 $4.9M Reduce -2.4%
MDB Mongodb Inc. 1.65% 20,283 $4.7M Reduce -1.5%
PM Philip Morris International 1.46% 34,761 $4.2M Add +4.4%
CMG Chipotle Mexican Grill Inc. 1.39% 65,975 $4.0M Reduce -2.4%
GOOG Alphabet Inc. Class C 1.33% 20,050 $3.8M Reduce -1.3%
MO Altria Group Inc. 1.26% 69,357 $3.6M Reduce -0.8%
V Visa Inc. Class A 1.26% 11,446 $3.6M Reduce -3.2%
GNRC Generac Holdings Inc. 1.11% 20,640 $3.2M Reduce -0.9%
UNP Union Pacific Corp. 1.07% 13,418 $3.1M Reduce -3.0%
GLNG Golar LNG Ltd. 1.06% 72,175 $3.1M Reduce -3.0%
ESTC Elastic NV 0.96% 27,850 $2.8M Add +4.5%
ORLY O'reilly Automotive Inc. 0.87% 2,105 $2.5M Reduce -4.5%
XOM Exxon Mobil Corp. 0.85% 22,607 $2.4M Reduce -1.9%
TSLA Tesla Inc. 0.84% 5,991 $2.4M Reduce -10.7%
CRWD CrowdStrike Holdings Inc. Class A 0.82% 6,915 $2.4M Reduce -1.1%
ABBV Abbvie Inc. 0.77% 12,432 $2.2M Reduce -2.0%
COR Cencora Inc. 0.74% 9,440 $2.1M Reduce -6.4%
EMLP First Trust North American E 0.71% 56,770 $2.0M Reduce -3.1%
MCD McDonald's Corp. 0.67% 6,657 $1.9M Reduce -3.5%
XLE SS Energy Select Sector 0.66% 22,005 $1.9M Add +4.8%
PSX Phillips 66 0.65% 16,487 $1.9M Reduce -2.4%
JNJ Johnson & Johnson 0.65% 12,858 $1.9M Reduce -3.2%
FPX First Trust US Equity Opport 0.65% 15,527 $1.9M Add +0.3%
ACN Accenture PLC Class A 0.63% 5,156 $1.8M Reduce -7.2%
STZ Constellation Brands Inc. Class A 0.62% 8,079 $1.8M Reduce -3.0%
BSX Boston Scientific Corp. 0.59% 19,074 $1.7M Reduce -1.3%
XLV SS Health Care Select Sector 0.59% 12,233 $1.7M No change
ZWS Zurn Elkay Water Solutions C 0.58% 44,935 $1.7M Add +199.9%
DAY Dayforce Inc. 0.57% 22,440 $1.6M Reduce -5.1%
HE Hawaiian Electric Inds 0.56% 166,250 $1.6M Add +24.8%
MSGS Madison Square Garden Sports 0.52% 6,600 $1.5M No change
SAFT Safety Insurance Group Inc. 0.52% 17,938 $1.5M Add +5.4%
CBOE Cboe Global Markets Inc. 0.51% 7,550 $1.5M Reduce -6.2%
BRK.B Berkshire Hathaway Inc. Class B 0.51% 3,235 $1.5M Add +1.6%
NEO Neogenomics Inc. 0.51% 88,200 $1.5M Reduce -1.4%
APP AppLovin Corp. Class A 0.49% 4,316 $1.4M New
YUM Yum! Brands Inc. 0.48% 10,350 $1.4M Reduce -1.0%
COP Conocophillips 0.45% 13,105 $1.3M Reduce -3.5%
MDU Mdu Resources Group Inc. 0.42% 67,412 $1.2M Reduce -3.6%
XLK SS Technology Select Sector 0.41% 5,079 $1.2M Reduce -1.9%
JSPR Jasper Therapeutics Inc. 0.39% 52,897 $1.1M No change
YUMC Yum China Holdings Inc. 0.39% 23,450 $1.1M Reduce -1.4%
DVY iShares Select Dividend ETF 0.39% 8,504 $1.1M Reduce -46.4%
GILD Gilead Sciences Inc. 0.39% 12,037 $1.1M Reduce -6.0%
OLED Universal Display Corp. 0.39% 7,590 $1.1M Reduce -2.3%
CLOU Global X Cloud Computing ETF 0.38% 45,635 $1.1M Reduce -3.0%
SLG SL Green Realty Corp. 0.37% 15,444 $1.0M No change
WMB Williams Cos Inc. 0.35% 18,614 $1.0M No change
SBAC SBA Communications Corp. 0.35% 4,875 $994K Reduce -5.8%
FLRN SS SPDR BB Ig Float RT ETF 0.34% 32,000 $983K No change
K Kellanova 0.34% 12,135 $983K Reduce -1.6%
BIL SS SPDR BB 1-3M T-Bill ETF 0.33% 10,489 $959K Reduce -2.0%
CRK Comstock Resources Inc. 0.33% 52,630 $959K New
NFLX Netflix Inc. 0.33% 1,061 $945K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.31% 7,878 $877K Reduce -25.9%
MDT Medtronic PLC 0.30% 10,650 $851K Reduce -39.7%
EMQQ Emg MKT Internet ETF-USA Inc. filed as EXCHANGE TRADED CONCEPTS TRU 0.30% 24,633 $849K Reduce -10.3%
ATEC Alphatec Holdings Inc. 0.29% 91,987 $844K Add +0.8%
RVMD Revolution Medicines Inc. 0.28% 18,505 $809K No change
CVS CVS Health Corp. 0.28% 17,687 $794K Reduce -33.0%
HD Home Depot Inc. 0.27% 2,017 $785K Reduce -3.4%
INFL Horizon Kinetics Infl Benef 0.27% 20,170 $768K Reduce -1.3%
RLAY Relay Therapeutics Inc. 0.27% 185,763 $765K No change
PLTR Palantir Technologies Inc. Class A 0.27% 10,065 $761K Reduce -9.9%
SWKS Skyworks Solutions Inc. 0.27% 8,575 $760K Reduce -9.5%
DHR Danaher Corp. 0.25% 3,147 $722K No change
MKC McCormick & Co.-Non VTG SHRS 0.25% 9,330 $711K No change
CAT Caterpillar Inc. 0.25% 1,957 $710K No change
AVGO Broadcom Inc. 0.24% 3,025 $701K Add +48.6%
PYPL PayPal Holdings Inc. 0.23% 7,889 $673K Reduce -8.4%
LDUR PIMCO Enhanced Low Duration 0.23% 7,000 $665K No change
XLY SS Consumer Disc Select Sect 0.23% 2,913 $654K Reduce -7.9%
WMT Walmart Inc. 0.23% 7,206 $651K Add +0.7%
HON Honeywell International Inc. 0.23% 2,877 $650K Add +9.4%
TT Trane Technologies PLC 0.23% 1,750 $646K No change
CTVA Corteva Inc. 0.22% 11,126 $634K Reduce -5.3%
BKLN Invesco Senior Loan ETF 0.21% 29,283 $617K Reduce -2.0%
JXN Jackson Financial Inc. Class A 0.21% 6,825 $594K Reduce -6.8%
UPS United Parcel Service Class B 0.20% 4,638 $585K Add +3.9%
OKE Oneok Inc. 0.20% 5,800 $582K No change
WAT Waters Corp. 0.20% 1,525 $566K No change
HTD John Hancock Tax Adv DVD Inc. filed as HANCOCK JOHN TAX-ADVANTAGED 0.19% 25,215 $555K Reduce -18.5%
OPLN Openlane Inc. 0.19% 27,200 $540K No change
DEM Wisdomtree Emerging Markets 0.18% 13,055 $529K No change
MA Mastercard Inc. Class A 0.18% 1,000 $527K Reduce -7.3%

Show all 164 holdings

Other holdings (1): bonds, preferreds, convertibles and warrants · $560K (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 469$560KNo change

Total filed on the 13F, all lines: $287.6M.

Portfolio Sells Q3 2024 → Q4 2024
IVV iShares Core S&P 500 ETF Reduce -96.1% 0.12% −2.73
DGRO iShares Core Dividend Growth Sold out 0.00% −0.95
IJH iShares Core S&P Midcap ETF Sold out 0.00% −0.81
IWM iShares Russell 2000 ETF Sold out 0.00% −0.67
SPTM SS SPDR P S&P 1500 Comp ETF Sold out 0.00% −0.61
SPYG SS SPDR P S&P 500 Growth ETF Sold out 0.00% −0.39
SPY SS SPDR S&P 500 ETF Trust-US Sold out 0.00% −0.33
SPYV SS SPDR P S&P 500 Value ETF Sold out 0.00% −0.33
DVY iShares Select Dividend ETF Reduce -46.4% 0.39% −0.31
GSIE Goldman Sachs Activebeta Int Sold out 0.00% −0.30
SMG Scotts Miracle-Gro Co. Sold out 0.00% −0.28
TRUP Trupanion Inc. Sold out 0.00% −0.27
CVS CVS Health Corp. Reduce -33.0% 0.28% −0.27
IWB iShares Russell 1000 ETF Sold out 0.00% −0.24
LLY Eli Lilly & Co. Reduce -1.8% 2.39% −0.23
MDT Medtronic PLC Reduce -39.7% 0.30% −0.22
MDU Mdu Resources Group Inc. Reduce -3.6% 0.42% −0.20
QUAL iShares MSCI USA Quality Fac Sold out 0.00% −0.19
MDB Mongodb Inc. Reduce -1.5% 1.65% −0.17
BABA Alibaba Group Holding-SP ADR Sold out 0.00% −0.15
OLED Universal Display Corp. Reduce -2.3% 0.39% −0.15
JHML John Hancock Multi Fact LRG Sold out 0.00% −0.13
SPSM SS SPDR P S&P 600 Small Cap Sold out 0.00% −0.12
AMD Advanced Micro Devices Sold out 0.00% −0.12
GSSC Goldman Sachs Activebeta US Sold out 0.00% −0.12
DOW Dow Inc. Sold out 0.00% −0.11
JEPI JPMorgan Equity Premium Inco Sold out 0.00% −0.11
IVW iShares S&P 500 Growth ETF Reduce -43.1% 0.18% −0.10
IWR iShares Russell Mid-Cap ETF Sold out 0.00% −0.08
SPDW Ste STR SPDR PT DW Eu ETF Sold out 0.00% −0.08
STZ Constellation Brands Inc. Class A Reduce -3.0% 0.62% −0.08
PFE Pfizer Inc. Sold out 0.00% −0.08
ACGL Arch Capital Group Ltd. Sold out 0.00% −0.07
BC Brunswick Corp. Sold out 0.00% −0.07
DOC Healthpeak Properties Inc. Sold out 0.00% −0.07
NRIX Nurix Therapeutics Inc. Sold out 0.00% −0.07
PSX Phillips 66 Reduce -2.4% 0.65% −0.07
CARR Carrier Global Corp. Sold out 0.00% −0.07
VYM Vanguard High DVD Yield ETF Sold out 0.00% −0.07
DLTR Dollar Tree Inc. Sold out 0.00% −0.07
SPMD SS SPDR P S&P 400 Midcap ETF Sold out 0.00% −0.07
XLP SS Consumer Staples Sel Sect Sold out 0.00% −0.07
VNQ Vanguard Real Estate ETF Sold out 0.00% −0.07
SBAC SBA Communications Corp. Reduce -5.8% 0.35% −0.06
IYK iShares US Consumer Staples Reduce -2.4% 1.72% −0.06
EMQQ Emg MKT Internet ETF-USA Inc. Reduce -10.3% 0.30% −0.06
JNJ Johnson & Johnson Reduce -3.2% 0.65% −0.06
ABBV Abbvie Inc. Reduce -2.0% 0.77% −0.05
UNP Union Pacific Corp. Reduce -3.0% 1.07% −0.05
HTD John Hancock Tax Adv DVD Inc. Reduce -18.5% 0.19% −0.04

Portfolio Buys Q3 2024 → Q4 2024
TPL Texas Pacific Land Corp. Add +0.4% 9.44% +2.39
APP AppLovin Corp. Class A New 0.49% +0.49
BBIO Bridgebio Pharma Inc. Add +6.3% 2.66% +0.48
ZWS Zurn Elkay Water Solutions C Add +199.9% 0.58% +0.41
CRK Comstock Resources Inc. New 0.33% +0.33
ESTC Elastic NV Add +4.5% 0.96% +0.29
MSCI MSCI Inc. Add +1.4% 2.16% +0.22
ARCC Ares Capital Corp. Add +0.7% 1.77% +0.20
HE Hawaiian Electric Inds Add +24.8% 0.56% +0.14
PPL PPL Corp. New 0.14% +0.14
PM Philip Morris International Add +4.4% 1.46% +0.14
AVGO Broadcom Inc. Add +48.6% 0.24% +0.13
ATEC Alphatec Holdings Inc. Add +0.8% 0.29% +0.13
DECK Deckers Outdoor Corp. New 0.09% +0.09
FPX First Trust US Equity Opport Add +0.3% 0.65% +0.09
DTCR Global X Data Center & Digit New 0.08% +0.08
CON Concentra Group Holdings Par New 0.08% +0.08
EPD Enterprise Products Partners New 0.07% +0.07
FFIV F5 Inc. New 0.07% +0.07
IWF iShares Russell 1000 Growth New 0.07% +0.07
SAFT Safety Insurance Group Inc. Add +5.4% 0.52% +0.06
XLE SS Energy Select Sector Add +4.8% 0.66% +0.05
HON Honeywell International Inc. Add +9.4% 0.23% +0.05
WMT Walmart Inc. Add +0.7% 0.23% +0.04
BRK.B Berkshire Hathaway Inc. Class B Add +1.6% 0.51% +0.03
UPS United Parcel Service Class B Add +3.9% 0.20% +0.01
VIG Vanguard Dividend Apprec ETF Add +1.8% 0.07% +0.00
DD Dupont DE Nemours Inc. Add +0.3% 0.16% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2024 164$287.0MTPL, AAPL, META, MGK, NVDA
Q3 2024 188$306.2MTPL, AAPL, META, MGK, NVDA
Q2 2024 197$321.9MTPL, IVV, AAPL, MGK, META
Q1 2024 712$342.9MTPL, IVV, AAPL, META, MGK