Garrison Asset Management, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Garrison Asset Management, LLC reported 108 stock positions worth $190.4 million. Its top holding was Broadcom (AVGO) at 5.0% of the portfolio, followed by AutoZone (AZO, 3.8%) and Arista Networks (ANET, 3.5%). Compared with Q4 2023, it opened 4 new positions, sold out of 4, added to 6 and reduced 76. The biggest buy was a new position in Nvidia (NVDA) and the biggest sale an exit from Brown-Forman Class B (BF.B).

Most Recent 13F
Q3 2024
Location
FAYETTEVILLE, AR
CIK
0001519319
Portfolio Value
$190.4M (Q1 2024)
SEC Filing
0001519319-24-000004 ↗ filed May 10, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $190.4M $190.4M Q1 2024 Q2 2024: $190.1M Q2 2024 Q3 2024: $197.1M Q3 2024

Holdings 108 stocks · $190.4M
AVGO Broadcom Inc. 4.97% 7,145 $9.5M Reduce -2.5%
AZO AutoZone Inc. 3.83% 2,313 $7.3M Reduce -1.4%
ANET Arista Networks Inc. 3.47% 22,757 $6.6M Reduce -1.4%
LECO Lincoln Electric Holdings 3.36% 25,044 $6.4M Reduce -1.4%
ACN Accenture PLC Class A 2.93% 16,114 $5.6M Reduce -1.6%
ABBV Abbvie Inc. 2.86% 29,892 $5.4M Reduce -1.6%
WM Waste Management Inc. 2.84% 25,377 $5.4M Reduce -1.3%
SCHB Schwab US Broad Market ETF 2.72% 84,808 $5.2M Reduce -0.8%
ANSS Ansys Inc. 2.48% 13,619 $4.7M Reduce -1.1%
ABT Abbott Laboratories 2.30% 38,490 $4.4M Reduce -1.0%
COP Conocophillips 2.29% 34,257 $4.4M Reduce -1.1%
TXN Texas Instruments Inc. 2.29% 25,014 $4.4M Reduce -0.6%
DE Deere & Co. 2.17% 10,073 $4.1M Reduce -0.9%
PSX Phillips 66 2.11% 24,558 $4.0M Reduce -2.1%
PEP Pepsico Inc. 1.94% 21,149 $3.7M Reduce -1.6%
BR Broadridge Financial Solutio 1.92% 17,893 $3.7M Reduce -0.8%
ATR Aptargroup Inc. 1.84% 24,290 $3.5M Reduce -1.3%
PG The Procter & Gamble Co. 1.83% 21,425 $3.5M Reduce -1.1%
BDX Becton Dickinson and Co. 1.82% 14,009 $3.5M Reduce -1.2%
ROK Rockwell Automation Inc. 1.74% 11,395 $3.3M Reduce -0.7%
JNJ Johnson & Johnson 1.69% 20,352 $3.2M Reduce -1.5%
MA Mastercard Inc. Class A 1.64% 6,470 $3.1M Reduce -3.6%
META Meta Platforms Inc. Class A 1.60% 6,276 $3.0M Reduce -0.9%
GOOG Alphabet Inc. Class C 1.59% 19,913 $3.0M Reduce -0.6%
PANW Palo Alto Networks Inc. 1.56% 10,458 $3.0M Reduce -0.7%
LH Laboratory CRP of Amer Hldgs 1.55% 13,504 $3.0M Reduce -0.9%
VRT Vertiv Holdings Co. Class A 1.51% 35,115 $2.9M Reduce -0.5%
VRSK Verisk Analytics Inc. 1.50% 12,145 $2.9M Reduce -0.8%
XYL Xylem Inc. 1.42% 20,891 $2.7M Reduce -1.0%
JBHT Hunt (jb) Transprt SVCS Inc. 1.40% 13,358 $2.7M Reduce -0.3%
SCHA Schwab US Small-Cap ETF 1.40% 54,029 $2.7M Reduce -3.1%
AAPL Apple Inc. 1.30% 14,485 $2.5M Reduce -1.4%
MDT Medtronic PLC 1.21% 26,430 $2.3M Reduce -0.8%
AKAM Akamai Technologies Inc. 1.21% 21,144 $2.3M Reduce -0.9%
RVTY Revvity Inc. 1.17% 21,225 $2.2M Reduce -2.2%
CSCO Cisco Systems Inc. 1.11% 42,235 $2.1M Reduce -1.6%
LLY Eli Lilly & Co. 1.10% 2,697 $2.1M No change
SCHF Schwab Intl Equity ETF 1.08% 52,876 $2.1M Reduce -0.6%
BG Bunge Global SA 1.08% 20,012 $2.1M Reduce -1.0%
KMB Kimberly-Clark Corp. 1.06% 15,552 $2.0M Reduce -2.0%
MSCI MSCI Inc. 1.04% 3,535 $2.0M Reduce -0.6%
EOG EOG Resources Inc. 0.95% 14,079 $1.8M Reduce -0.8%
VFH Vanguard Financials ETF 0.93% 17,248 $1.8M Reduce -2.3%
ZS Zscaler Inc. 0.92% 9,051 $1.7M Reduce -0.8%
AEP American Electric Power 0.86% 18,916 $1.6M Reduce -0.8%
MSFT Microsoft Corp. 0.81% 3,669 $1.5M Reduce -1.1%
NVO Novo-Nordisk A/S-Spons ADR 0.81% 11,992 $1.5M Reduce -0.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.80% 12,494 $1.5M Reduce -2.2%
SCHD Schwab US DVD Equity ETF 0.62% 14,726 $1.2M Add +0.3%
SWKS Skyworks Solutions Inc. 0.53% 9,283 $1.0M Reduce -2.6%
XOM Exxon Mobil Corp. 0.48% 7,813 $908K Reduce -2.1%
SCHX Schwab US Large-Cap ETF 0.44% 13,613 $845K Reduce -5.6%
VTR Ventas Inc. 0.43% 18,735 $816K Reduce -2.3%
ADI Analog Devices Inc. 0.42% 4,054 $802K Add +0.1%
WMT Walmart Inc. 0.38% 12,163 $732K Reduce -1.8%
FEN First TR Enrgy Inc. & GRW 0.37% 42,560 $695K Reduce -0.8%
HD Home Depot Inc. 0.36% 1,805 $692K Reduce -5.8%
DGRW Wisdomtree U.S. Quality Divi 0.36% 8,955 $682K Reduce -0.7%
RPM RPM International Inc. 0.32% 5,127 $610K No change
GOOGL Alphabet Inc. Class A 0.32% 3,985 $601K No change
AMZN Amazon.com Inc. 0.30% 3,164 $571K Reduce -2.0%
AZN Astrazeneca PLC-Spons ADR 0.29% 8,090 $548K No change
COST Costco Wholesale Corp. 0.28% 740 $542K No change
SCHM Schwab US Mid Cap ETF 0.28% 6,658 $542K Reduce -0.1%
V Visa Inc. Class A 0.27% 1,870 $522K Reduce -0.6%
AZPN Aspen Technology Inc. 0.27% 2,443 $521K Reduce -1.5%
JPM JPMorgan Chase & Co. 0.26% 2,510 $503K Reduce -1.9%
FDX FedEx Corp. 0.26% 1,723 $499K No change
MAA Mid-America Apartment Comm 0.26% 3,782 $498K Add +0.0%
CDNS Cadence Design SYS Inc. 0.26% 1,571 $489K Reduce -1.6%
RSPG Invesco S&P 500 Equal Weight 0.25% 5,824 $484K Reduce -8.6%
AXP American Express Co. 0.24% 2,001 $456K Reduce -19.4%
NOBL Proshares S&P 500 Dividend A 0.24% 4,447 $451K Reduce -1.6%
GPC Genuine Parts Co. 0.23% 2,976 $436K Add +0.0%
KO The Coca-Cola Co. 0.23% 7,121 $436K Reduce -0.0%
SCHE Schwab Emrg Mrkts Eqty ETF 0.22% 16,571 $418K Reduce -1.4%
RSPH Invesco S&P 500 Equal Weight 0.21% 12,853 $409K No change
ADBE Adobe Inc. 0.21% 808 $408K No change
PLD Prologis Inc. 0.21% 3,109 $405K No change
TMO Thermo Fisher Scientific Inc. 0.20% 663 $386K No change
UNH Unitedhealth Group Inc. 0.20% 769 $380K Reduce -1.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.20% 721 $377K No change
ITW Illinois Tool Works 0.18% 1,288 $346K No change
WAT Waters Corp. 0.17% 952 $328K No change
DLR Digital Realty Trust Inc. 0.17% 2,197 $316K Add +0.1%
CTAS Cintas Corp. 0.16% 455 $313K No change
MCD McDonald's Corp. 0.16% 1,102 $311K Reduce -2.2%
GRMN Garmin Ltd. 0.16% 2,087 $311K No change
SON Sonoco Products Co. 0.16% 5,354 $310K Reduce -9.5%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.15% 1,827 $285K No change
IYW iShares Ustechnology ETF 0.15% 2,080 $281K No change
VGT Vanguard Info Tech ETF 0.14% 512 $268K No change
BRK.B Berkshire Hathaway Inc. Class B 0.14% 633 $266K No change
XLK SS Technology Select Sector 0.14% 1,260 $262K No change
INTC Intel Corp. 0.14% 5,934 $262K Reduce -10.3%
WTW Willis Towers Watson PLC 0.14% 950 $261K No change
MRK Merck & Co. Inc. 0.14% 1,966 $259K Reduce -1.4%
AMP Ameriprise Financial Inc. 0.13% 571 $250K Reduce -19.8%
WPC WP Carey Inc. 0.13% 4,252 $240K Add +0.1%
NVDA Nvidia Corp. 0.12% 262 $237K New
LRCX Lam Research Corp. 0.12% 232 $225K New
HCA HCA Healthcare Inc. 0.12% 675 $225K New
RSPF Invesco S&P 500 Equal Weight 0.12% 3,447 $221K No change
SCHH Schwab US REIT ETF 0.11% 10,744 $218K Reduce -0.0%
BCE Bce Inc. 0.11% 6,389 $217K Reduce -1.0%
HUBB Hubbell Inc. 0.11% 521 $216K New
SCHC Schwab Intl Small-Cap Equity 0.11% 5,992 $215K Reduce -1.5%
SNY Sanofi-ADR 0.11% 4,225 $205K Reduce -19.1%

Portfolio Sells Q4 2023 → Q1 2024
BF.B Brown-Forman Corp. Class B Sold out 0.00% −1.58
ANSS Ansys Inc. Reduce -1.1% 2.48% −0.27
AAPL Apple Inc. Reduce -1.4% 1.30% −0.26
FTRE Fortrea Holdings Inc. Sold out 0.00% −0.25
ACN Accenture PLC Class A Reduce -1.6% 2.93% −0.24
ROK Rockwell Automation Inc. Reduce -0.7% 1.74% −0.22
ZS Zscaler Inc. Reduce -0.8% 0.92% −0.20
AKAM Akamai Technologies Inc. Reduce -0.9% 1.21% −0.18
LH Laboratory CRP of Amer Hldgs Reduce -0.9% 1.55% −0.16
PANW Palo Alto Networks Inc. Reduce -0.7% 1.56% −0.15
RVTY Revvity Inc. Reduce -2.2% 1.17% −0.14
BR Broadridge Financial Solutio Reduce -0.8% 1.92% −0.12
DEO Diageo PLC-Sponsored ADR Sold out 0.00% −0.12
VRSK Verisk Analytics Inc. Reduce -0.8% 1.50% −0.11
VTR Ventas Inc. Reduce -2.3% 0.43% −0.10
T AT&T Inc. Sold out 0.00% −0.10
JNJ Johnson & Johnson Reduce -1.5% 1.69% −0.10
CSCO Cisco Systems Inc. Reduce -1.6% 1.11% −0.09
BDX Becton Dickinson and Co. Reduce -1.2% 1.82% −0.09
JBHT Hunt (jb) Transprt SVCS Inc. Reduce -0.3% 1.40% −0.08
TXN Texas Instruments Inc. Reduce -0.6% 2.29% −0.08
PEP Pepsico Inc. Reduce -1.6% 1.94% −0.07
MSCI MSCI Inc. Reduce -0.6% 1.04% −0.07
DE Deere & Co. Reduce -0.9% 2.17% −0.07
SWKS Skyworks Solutions Inc. Reduce -2.6% 0.53% −0.06
ABT Abbott Laboratories Reduce -1.0% 2.30% −0.06
SCHA Schwab US Small-Cap ETF Reduce -3.1% 1.40% −0.06
BG Bunge Global SA Reduce -1.0% 1.08% −0.05
INTC Intel Corp. Reduce -10.3% 0.14% −0.05
SNY Sanofi-ADR Reduce -19.1% 0.11% −0.04
AZPN Aspen Technology Inc. Reduce -1.5% 0.27% −0.03
UNH Unitedhealth Group Inc. Reduce -1.3% 0.20% −0.03
BCE Bce Inc. Reduce -1.0% 0.11% −0.03
MCD McDonald's Corp. Reduce -2.2% 0.16% −0.02
SON Sonoco Products Co. Reduce -9.5% 0.16% −0.02
AMP Ameriprise Financial Inc. Reduce -19.8% 0.13% −0.02
AXP American Express Co. Reduce -19.4% 0.24% −0.02
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -1.4% 0.22% −0.01
SCHH Schwab US REIT ETF Reduce -0.0% 0.11% −0.01
KMB Kimberly-Clark Corp. Reduce -2.0% 1.06% −0.01
RSPG Invesco S&P 500 Equal Weight Reduce -8.6% 0.25% −0.00
SCHX Schwab US Large-Cap ETF Reduce -5.6% 0.44% −0.00
SCHC Schwab Intl Small-Cap Equity Reduce -1.5% 0.11% −0.00
HD Home Depot Inc. Reduce -5.8% 0.36% −0.00
KO The Coca-Cola Co. Reduce -0.0% 0.23% −0.00
EOG EOG Resources Inc. Reduce -0.8% 0.95% −0.00
SCHF Schwab Intl Equity ETF Reduce -0.6% 1.08% −0.00
NOBL Proshares S&P 500 Dividend A Reduce -1.6% 0.24% −0.00
MDT Medtronic PLC Reduce -0.8% 1.21% −0.00
AEP American Electric Power Reduce -0.8% 0.86% +0.00

Portfolio Buys Q4 2023 → Q1 2024
NVDA Nvidia Corp. New 0.12% +0.12
LRCX Lam Research Corp. New 0.12% +0.12
HCA HCA Healthcare Inc. New 0.12% +0.12
HUBB Hubbell Inc. New 0.11% +0.11
SCHD Schwab US DVD Equity ETF Add +0.3% 0.62% +0.01
DLR Digital Realty Trust Inc. Add +0.1% 0.17% +0.00
GPC Genuine Parts Co. Add +0.0% 0.23% +0.00
MAA Mid-America Apartment Comm Add +0.0% 0.26% −0.02
ADI Analog Devices Inc. Add +0.1% 0.42% −0.02
WPC WP Carey Inc. Add +0.1% 0.13% −0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2024 109$197.1MAVGO, ANET, AZO, ABBV, ACN
Q2 2024 104$190.1MAVGO, ANET, AZO, WM, SCHB
Q1 2024 108$190.4MAVGO, AZO, ANET, LECO, ACN