Fernwood Investment Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Fernwood Investment Management, LLC reported 712 stock positions worth $342.9 million. Its top holding was Texas Pacific Land (TPL) at 4.2% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 3.8%) and Apple (AAPL, 3.6%). Compared with Q4 2023, it opened 520 new positions, sold out of 1, added to 49 and reduced 78. The biggest buy was a new position in Elastic (ESTC) and the biggest sale Apple (AAPL, shares −12%).
- Most Recent 13F
- Q4 2024
- Location
- QUINCY, MA
- CIK
- 0001570296
- Portfolio Value
- $342.9M (Q1 2024)
- SEC Filing
- 0001570296-24-000004 ↗ filed May 13, 2024
Holdings Value
Holdings 712 stocks · $342.9M
| TPL Texas Pacific Land Corp. | 4.16% | 24,636 | $14.3M | Add +0.7% |
| IVV iShares Core S&P 500 ETF | 3.83% | 24,953 | $13.1M | Add +1.9% |
| AAPL Apple Inc. | 3.64% | 73,060 | $12.5M | Reduce -11.9% |
| META Meta Platforms Inc. Class A | 2.99% | 21,138 | $10.3M | Reduce -1.2% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 2.87% | 34,279 | $9.8M | Add +1.3% |
| AMZN Amazon.com Inc. | 2.44% | 47,269 | $8.4M | Add +0.3% |
| MDB Mongodb Inc. | 2.22% | 21,306 | $7.6M | Reduce -1.6% |
| BBIO Bridgebio Pharma Inc. | 2.21% | 245,120 | $7.6M | Add +4.1% |
| MSFT Microsoft Corp. | 2.13% | 18,617 | $7.3M | Reduce -16.2% |
| LLY Eli Lilly & Co. | 2.13% | 9,373 | $7.3M | Reduce -2.9% |
| NVDA Nvidia Corp. | 2.12% | 8,095 | $7.3M | Reduce -16.5% |
| GOOGL Alphabet Inc. Class A | 2.06% | 47,842 | $7.1M | Reduce -7.1% |
| PLRX Pliant Therapeutics Inc. | 1.95% | 448,385 | $6.7M | Add +6.0% |
| DGRO iShares Core Dividend Growth | 1.69% | 99,918 | $5.8M | Add +5.8% |
| MSCI MSCI Inc. | 1.68% | 10,284 | $5.8M | Add +1.3% |
| IYK iShares US Consumer Staples | 1.56% | 78,846 | $5.3M | No change |
| ARCC Ares Capital Corp. | 1.46% | 239,680 | $5.0M | Reduce -1.9% |
| V Visa Inc. Class A | 1.19% | 14,936 | $4.1M | Reduce -11.3% |
| CMG Chipotle Mexican Grill Inc. | 1.15% | 1,353 | $3.9M | Reduce -0.4% |
| CVS CVS Health Corp. | 1.05% | 45,211 | $3.6M | Reduce -11.3% |
| MRVL Marvell Technology Inc. | 1.04% | 50,470 | $3.6M | Reduce -4.5% |
| AXON Axon Enterprise Inc. | 1.03% | 11,325 | $3.5M | Reduce -7.7% |
| GOOG Alphabet Inc. Class C | 1.01% | 23,973 | $3.5M | Reduce -14.0% |
| UNP Union Pacific Corp. | 1.01% | 14,060 | $3.5M | No change |
| IJH iShares Core S&P Midcap ETF | 0.94% | 53,135 | $3.2M | Reduce -5.3% |
| MO Altria Group Inc. | 0.90% | 70,964 | $3.1M | Add +3.2% |
| PM Philip Morris International | 0.87% | 32,566 | $3.0M | Add +1.7% |
| IWM iShares Russell 2000 ETF | 0.84% | 13,665 | $2.9M | Reduce -1.6% |
| PSX Phillips 66 | 0.82% | 17,255 | $2.8M | No change |
| IWB iShares Russell 1000 ETF | 0.80% | 9,510 | $2.7M | Reduce -13.6% |
| JNJ Johnson & Johnson | 0.77% | 16,772 | $2.6M | Reduce -6.1% |
| ESTC Elastic NV | 0.76% | 26,000 | $2.6M | New |
| XOM Exxon Mobil Corp. | 0.75% | 22,057 | $2.6M | Add +0.6% |
| COR Cencora Inc. | 0.75% | 10,520 | $2.6M | Reduce -5.6% |
| ABBV Abbvie Inc. | 0.74% | 14,119 | $2.5M | Reduce -4.1% |
| ORLY O'reilly Automotive Inc. | 0.73% | 2,220 | $2.5M | Add +15.6% |
| ACN Accenture PLC Class A | 0.68% | 7,003 | $2.3M | Reduce -17.1% |
| GNRC Generac Holdings Inc. | 0.68% | 18,544 | $2.3M | Add +348.0% |
| STZ Constellation Brands Inc. Class A | 0.68% | 8,580 | $2.3M | Reduce -1.3% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.66% | 30,780 | $2.3M | Add +8.7% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.65% | 6,935 | $2.2M | Reduce -0.7% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.64% | 34,318 | $2.2M | Add +16.6% |
| XLE SS Energy Select Sector | 0.58% | 21,181 | $2.0M | Add +5.4% |
| DVY iShares Select Dividend ETF | 0.57% | 15,820 | $1.9M | Reduce -1.7% |
| XLV SS Health Care Select Sector | 0.53% | 12,325 | $1.8M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.53% | 182,995 | $1.8M | Reduce -7.6% |
| EMLP First Trust North American E | 0.53% | 61,270 | $1.8M | Reduce -2.7% |
| GLNG Golar LNG Ltd. | 0.53% | 75,000 | $1.8M | Add +4.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.52% | 35,757 | $1.8M | No change |
| MCD McDonald's Corp. | 0.52% | 6,325 | $1.8M | Reduce -0.3% |
| MDU Mdu Resources Group Inc. | 0.51% | 70,001 | $1.8M | Reduce -2.5% |
| COP Conocophillips | 0.51% | 13,811 | $1.8M | Reduce -1.1% |
| FPX First Trust US Equity Opport | 0.49% | 16,014 | $1.7M | Add +1.6% |
| MDT Medtronic PLC | 0.49% | 19,135 | $1.7M | Reduce -2.3% |
| DAY Dayforce Inc. | 0.49% | 25,140 | $1.7M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.46% | 3,817 | $1.6M | Add +1.3% |
| GSIE Goldman Sachs Activebeta Int | 0.45% | 45,051 | $1.5M | Add +6.0% |
| RLAY Relay Therapeutics Inc. | 0.45% | 185,763 | $1.5M | Add +0.4% |
| CBOE Cboe Global Markets Inc. | 0.44% | 8,130 | $1.5M | Reduce -0.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.43% | 12,182 | $1.5M | Reduce -0.6% |
| JSPR Jasper Therapeutics Inc. | 0.42% | 49,470 | $1.5M | Reduce -90.0% |
| YUM Yum! Brands Inc. | 0.42% | 10,450 | $1.4M | No change |
| SAFT Safety Insurance Group Inc. | 0.41% | 17,018 | $1.4M | No change |
| BSX Boston Scientific Corp. | 0.40% | 19,824 | $1.4M | Reduce -6.4% |
| NEO Neogenomics Inc. | 0.39% | 85,100 | $1.3M | Add +11.2% |
| OLED Universal Display Corp. | 0.39% | 7,865 | $1.3M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.37% | 2 | $1.3M | No change |
| MSGS Madison Square Garden Sports | 0.36% | 6,600 | $1.2M | No change |
| SUSA iShares ESG Optimized MSCI U | 0.35% | 11,003 | $1.2M | Add +1.6% |
| TSLA Tesla Inc. | 0.34% | 6,624 | $1.2M | Reduce -0.9% |
| CLOU Global X Cloud Computing ETF | 0.34% | 53,020 | $1.2M | Add +3.0% |
| SBAC SBA Communications Corp. | 0.33% | 5,175 | $1.1M | No change |
| XLK SS Technology Select Sector | 0.32% | 5,340 | $1.1M | No change |
| GILD Gilead Sciences Inc. | 0.32% | 15,162 | $1.1M | Reduce -20.3% |
| YUMC Yum China Holdings Inc. | 0.31% | 26,670 | $1.1M | Reduce -9.1% |
| SWKS Skyworks Solutions Inc. | 0.30% | 9,575 | $1.0M | No change |
| EMQQ Emg MKT Internet ETF-USA Inc. filed as EXCHANGE TRADED CONCEPTS TRU | 0.30% | 32,890 | $1.0M | Reduce -3.7% |
| KVUE Kenvue Inc. | 0.30% | 47,831 | $1.0M | Add +0.1% |
| K Kellanova | 0.30% | 17,878 | $1.0M | Reduce -2.7% |
| WMT Walmart Inc. | 0.30% | 11,310 | $1.0M | Reduce -61.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.29% | 10,770 | $989K | Reduce -0.5% |
| FLRN SS SPDR BB Ig Float RT ETF | 0.29% | 32,000 | $987K | No change |
| ATEC Alphatec Holdings Inc. | 0.29% | 70,987 | $979K | Reduce -13.4% |
| QUAL iShares MSCI USA Quality Fac | 0.28% | 5,771 | $948K | Add +4.1% |
| HD Home Depot Inc. | 0.27% | 2,377 | $912K | Reduce -15.0% |
| SLG SL Green Realty Corp. | 0.25% | 15,446 | $852K | No change |
| DHR Danaher Corp. | 0.23% | 3,147 | $786K | Reduce -19.2% |
| IWF iShares Russell 1000 Growth | 0.23% | 2,302 | $776K | No change |
| AAL American Airlines Group Inc. | 0.22% | 50,207 | $771K | Add +0.0% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.22% | 14,225 | $759K | Reduce -0.0% |
| WMB Williams Cos Inc. | 0.22% | 18,989 | $740K | Add +0.2% |
| CAT Caterpillar Inc. | 0.21% | 2,008 | $736K | Reduce -23.0% |
| HE Hawaiian Electric Inds | 0.21% | 63,965 | $721K | Add +30.5% |
| MKC McCormick & Co.-Non VTG SHRS | 0.21% | 9,330 | $717K | Reduce -10.7% |
| IVW iShares S&P 500 Growth ETF | 0.21% | 8,326 | $703K | No change |
| CYTK Cytokinetics Inc. | 0.20% | 10,000 | $701K | No change |
| WAT Waters Corp. | 0.20% | 2,025 | $697K | No change |
| UPS United Parcel Service Class B | 0.20% | 4,663 | $693K | No change |
| CTVA Corteva Inc. | 0.20% | 11,747 | $677K | Add +1.7% |
| INFL Horizon Kinetics Infl Benef | 0.19% | 20,473 | $667K | Add +17.2% |
Options reported separately and not counted above: GOOG puts ($62), GOOGL puts ($31).
Other holdings (3): bonds, preferreds, convertibles and warrants · $613K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 469 | $572K | Reduce -3.1% |
| KIMCO REALTY CORP (KIM 7.25 PERP N) | DP CV CL N 7.25% | 588 | $33K | New |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 179 | $8K | New |
Lines left out (2) · $21 — a value with no share or principal amount
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $343.5M.
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -11.9% | 3.64% | −1.47 |
| IMGN Immunogen Inc. | Sold out | 0.00% | −0.82 |
| MDB Mongodb Inc. | Reduce -1.6% | 2.22% | −0.69 |
| MSFT Microsoft Corp. | Reduce -16.2% | 2.13% | −0.39 |
| CVS CVS Health Corp. | Reduce -11.3% | 1.05% | −0.28 |
| GOOGL Alphabet Inc. Class A | Reduce -7.1% | 2.06% | −0.24 |
| ACN Accenture PLC Class A | Reduce -17.1% | 0.68% | −0.23 |
| V Visa Inc. Class A | Reduce -11.3% | 1.19% | −0.22 |
| TSLA Tesla Inc. | Reduce -0.9% | 0.34% | −0.21 |
| WMT Walmart Inc. | Reduce -61.8% | 0.30% | −0.19 |
| GOOG Alphabet Inc. Class C | Reduce -14.0% | 1.01% | −0.19 |
| GILD Gilead Sciences Inc. | Reduce -20.3% | 0.32% | −0.18 |
| ARCC Ares Capital Corp. | Reduce -1.9% | 1.46% | −0.16 |
| IWB iShares Russell 1000 ETF | Reduce -13.6% | 0.80% | −0.15 |
| JNJ Johnson & Johnson | Reduce -6.1% | 0.77% | −0.15 |
| ATEC Alphatec Holdings Inc. | Reduce -13.4% | 0.29% | −0.12 |
| PFE Pfizer Inc. | Reduce -31.6% | 0.16% | −0.12 |
| YUMC Yum China Holdings Inc. | Reduce -9.1% | 0.31% | −0.10 |
| MCD McDonald's Corp. | Reduce -0.3% | 0.52% | −0.10 |
| IWM iShares Russell 2000 ETF | Reduce -1.6% | 0.84% | −0.07 |
| IJH iShares Core S&P Midcap ETF | Reduce -5.3% | 0.94% | −0.06 |
| DVY iShares Select Dividend ETF | Reduce -1.7% | 0.57% | −0.05 |
| EMLP First Trust North American E | Reduce -2.7% | 0.53% | −0.05 |
| UNH Unitedhealth Group Inc. | Reduce -5.5% | 0.17% | −0.05 |
| EMQQ Emg MKT Internet ETF-USA Inc. | Reduce -3.7% | 0.30% | −0.05 |
| MDT Medtronic PLC | Reduce -2.3% | 0.49% | −0.05 |
| CBOE Cboe Global Markets Inc. | Reduce -0.3% | 0.44% | −0.05 |
| NSA National Storage Affiliates | Reduce -43.4% | 0.04% | −0.04 |
| K Kellanova | Reduce -2.7% | 0.30% | −0.04 |
| CAT Caterpillar Inc. | Reduce -23.0% | 0.21% | −0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -0.5% | 0.29% | −0.04 |
| ILMN Illumina Inc. | Reduce -7.2% | 0.15% | −0.04 |
| BA The Boeing Co. | Reduce -0.9% | 0.06% | −0.03 |
| DHR Danaher Corp. | Reduce -19.2% | 0.23% | −0.03 |
| BKLN Invesco Senior Loan ETF | Reduce -1.9% | 0.19% | −0.03 |
| CSCO Cisco Systems Inc. | Reduce -14.5% | 0.09% | −0.03 |
| VNQ Vanguard Real Estate ETF | Reduce -28.5% | 0.05% | −0.03 |
| SBUX Starbucks Corp. | Reduce -12.5% | 0.08% | −0.03 |
| DLR Digital Realty Trust Inc. | Reduce -38.5% | 0.04% | −0.03 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -10.7% | 0.21% | −0.03 |
| NABL N-Able Inc. | Reduce -26.9% | 0.04% | −0.02 |
| ZTS Zoetis Inc. | Reduce -3.8% | 0.06% | −0.02 |
| HSY The Hershey Co. | Reduce -3.9% | 0.18% | −0.02 |
| COP Conocophillips | Reduce -1.1% | 0.51% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -7.6% | 0.53% | −0.02 |
| WDAY Workday Inc. Class A | Reduce -2.0% | 0.14% | −0.02 |
| DEM Wisdomtree Emerging Markets | Reduce -1.5% | 0.16% | −0.02 |
| IBB iShares Biotechnology ETF | Reduce -0.1% | 0.15% | −0.02 |
| ABT Abbott Laboratories | Reduce -1.1% | 0.17% | −0.02 |
| THRM Gentherm Inc. | Reduce -10.7% | 0.12% | −0.02 |
Portfolio Buys Q4 2023 → Q1 2024
| ESTC Elastic NV | New | 0.76% | +0.76 |
| GNRC Generac Holdings Inc. | Add +348.0% | 0.68% | +0.51 |
| JEPI JPMorgan Equity Premium Inco | New | 0.15% | +0.15 |
| AMZN Amazon.com Inc. | Add +0.3% | 2.44% | +0.13 |
| ORLY O'reilly Automotive Inc. | Add +15.6% | 0.73% | +0.13 |
| AMD Advanced Micro Devices | New | 0.12% | +0.12 |
| IBIT iShares Bitcoin Trust ETF | New | 0.08% | +0.08 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +16.6% | 0.64% | +0.07 |
| ECL Ecolab Inc. | New | 0.07% | +0.07 |
| MDYG SS SPDR S&P 400 MC GR ETF | New | 0.07% | +0.07 |
| ASAN Asana Inc. Class A | New | 0.06% | +0.06 |
| LOW Lowe's Cos Inc. | New | 0.06% | +0.06 |
| JPM JPMorgan Chase & Co. | New | 0.06% | +0.06 |
| VYM Vanguard High DVD Yield ETF | New | 0.06% | +0.06 |
| SOXX iShares Semiconductor ETF | New | 0.06% | +0.06 |
| EPD Enterprise Products Partners | New | 0.06% | +0.06 |
| DVN Devon Energy Corp. | New | 0.06% | +0.06 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +57.5% | 0.19% | +0.06 |
| HTD John Hancock Tax Adv DVD Inc. | Add +74.2% | 0.15% | +0.06 |
| F Ford Motor Co. | Add +149.9% | 0.10% | +0.06 |
| IQV Iqvia Holdings Inc. | New | 0.06% | +0.06 |
| DECK Deckers Outdoor Corp. | New | 0.05% | +0.05 |
| FHLC Fidelity MSCI Health Care | New | 0.05% | +0.05 |
| COIN Coinbase Global Inc. Class A | New | 0.05% | +0.05 |
| EFA iShares MSCI Eafe ETF | New | 0.05% | +0.05 |
| XLP SS Consumer Staples Sel Sect | New | 0.05% | +0.05 |
| ACGL Arch Capital Group Ltd. | New | 0.05% | +0.05 |
| IXC iShares Global Energy ETF | New | 0.05% | +0.05 |
| VIG Vanguard Dividend Apprec ETF | New | 0.05% | +0.05 |
| DOC Healthpeak Properties Inc. | New | 0.05% | +0.05 |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | New | 0.05% | +0.05 |
| DKNG Draftkings Inc. Class A | New | 0.05% | +0.05 |
| CARR Carrier Global Corp. | New | 0.05% | +0.05 |
| AMAT Applied Materials Inc. | New | 0.05% | +0.05 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +8.7% | 0.66% | +0.05 |
| IJS iShares S&P Small-Cap 600 Va | New | 0.05% | +0.05 |
| MDYV SS SPDR S&P 400 MC Val ETF | New | 0.05% | +0.05 |
| FFIV F5 Inc. | New | 0.05% | +0.05 |
| MAR Marriott International Class A | New | 0.05% | +0.05 |
| UBER Uber Technologies Inc. | Add +39.0% | 0.13% | +0.05 |
| PXD Pioneer Natural Resources Co. | New | 0.05% | +0.05 |
| IDXX Idexx Laboratories Inc. | New | 0.05% | +0.05 |
| DON Wisdomtree US Midcap Dividen | New | 0.04% | +0.04 |
| FTV Fortive Corp. | New | 0.04% | +0.04 |
| AWK American Water Works Co. Inc. | New | 0.04% | +0.04 |
| BX Blackstone Inc. | New | 0.04% | +0.04 |
| XLI SS Industrial Select Sector | New | 0.04% | +0.04 |
| MET Metlife Inc. | New | 0.04% | +0.04 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 0.04% | +0.04 |
| XPO Xpo Inc. | New | 0.04% | +0.04 |
Options Activity Q4 2023 → Q1 2024
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2023 → Q1 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -3.1% | 469 | $572K |
| KIMCO REALTY CORP (KIM 7.25 PERP N) | DP CV CL N 7.25% | New | 588 | $33K |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | New | 179 | $8K |
| CVI CVR Energy Inc. | COM | New | 0 | $15 |
| DK Delek US Holdings Inc. | COM | New | 0 | $6 |
| IMVP Invesco India Exchange-Trade | INDIA ETF | New | 0 | $0 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.