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Asset Manager ← All Institutions

NORDEN GROUP LLC

5255 N EDGEWOOD DRIVE SUITE 225, PROVO, UT 86404 • 8013315511

Q2 2025 · Filed 2025-07-15
Market Value
$919M
+6.0%
Holdings
585
+18
New Purchases
61
Added To
268
Closed
37
Reduced
201
Top 10 Concentration
25.6%
Turnover
16.8%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
BIL 1.96% 0.13% +1.84% $18M
NVDA 2.81% 1.79% +1.02% $26M
QQQ 1.12% 0.14% +0.97% $10M
PPA 0.72% 0.00% +0.72% $7M
XLY 0.71% 0.02% +0.69% $7M
MSFT 3.27% 2.60% +0.67% $30M
XLU 0.65% 0.00% +0.65% $6M
VNQ 0.65% 0.00% +0.65% $6M
IYR 0.64% 0.00% +0.64% $6M
ANET 0.64% 0.00% +0.64% $6M
CRWD 0.69% 0.06% +0.63% $6M
GILD 0.89% 0.35% +0.54% $8M
EXPE 0.53% 0.00% +0.53% $5M
MO 0.69% 0.17% +0.51% $6M
KR 0.54% 0.04% +0.51% $5M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
PAAA 7.19% 9.80% -2.61% $66M
JPST 0.57% 2.96% -2.39% $5M
IVW 1.01% 2.58% -1.57% $9M
SPY 1.93% 3.50% -1.57% $18M
JNK 0.00% 0.99% -0.99% $0
BABA 0.00% 0.71% -0.71% $0
BMY 0.10% 0.65% -0.55% $911K
ACI 0.00% 0.55% -0.55% $0
NVS 0.00% 0.54% -0.54% $0
TDG 0.00% 0.48% -0.48% $0
FTNT 0.05% 0.50% -0.45% $431K
AAPL 2.42% 2.87% -0.45% $22M
MPWR 0.12% 0.55% -0.43% $1M
TXN 0.29% 0.67% -0.39% $3M
JAAA 0.40% 0.79% -0.39% $4M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 29.3%
Technology 27.5%
Healthcare 9.2%
Consumer Cyclical 7.1%
Industrials 6.8%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 69 $343M 37.4%
Large Cap 392 $424M 46.1%
Mid Cap 85 $135M 14.7%
Small Cap 27 $13M 1.4%
Micro Cap 12 $3M 0.3%

Portfolio Analytics

Avg Market Cap
$140.5B
Median Market Cap
$34.8B
Avg P/E
33.7
Median P/E
25.4
Avg Dividend Yield
0.02%
Avg Beta
0.98
# Stocks
479
# ETFs / Funds
106

Top Holdings (585 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 PAAA 7.19% 1,284,302 $66M $51.45 -$19M -371,469 -22.4%
2 MSFT 3.27% 60,382 $30M $497.41 $8M +450 +0.8%
3 NVDA 2.81% 163,455 $26M $157.99 $10M +20,333 +14.2%
4 AAPL 2.42% 108,395 $22M $205.17 -$3M -3,661 -3.3%
5 AMZN 2.24% 93,894 $21M $219.39 $3M -401 -0.4%
6 BIL 1.96% 196,673 $18M $91.73 $17M +184,593 +1528.1%
7 SPY 1.93% 28,637 $18M $617.84 -$13M -25,581 -47.2%
8 CGSD 1.58% 558,923 $14M $25.94 -$761K -32,204 -5.5%
9 QQQ 1.12% 18,631 $10M $551.64 $9M +15,964 +598.6%
10 GOOGL 1.08% 56,238 $10M $176.23 $2M +3,808 +7.3%
11 NFLX 1.07% 7,366 $10M $1,339.13 $3M +338 +4.8%
12 AVGO 1.02% 34,075 $9M $275.65 $4M +2,377 +7.5%
13 IVW 1.01% 83,915 $9M $110.10 -$13M -156,902 -65.2%
14 META 0.98% 12,256 $9M $738.14 $3M +1,088 +9.7%
15 V 0.96% 24,820 $9M $355.04 -$278K -1,118 -4.3%
16 ORCL 0.95% 39,768 $9M $218.63 $3M -2,292 -5.5%
17 PM 0.92% 46,367 $8M $182.13 $312K -4,867 -9.5%
18 GILD 0.89% 73,771 $8M $110.87 $5M +46,725 +172.8%
19 MA 0.87% 14,167 $8M $561.98 $237K +74 +0.5%
20 IVV 0.81% 11,976 $7M $620.92 $518K -336 -2.7%
21 GOOG 0.80% 41,651 $7M $177.39 $616K -1,696 -3.9%
22 LLY 0.74% 8,769 $7M $779.50 -$358K +59 +0.7%
23 NVO 0.72% 96,332 $7M $69.02 $5M +65,877 +216.3%
24 PPA 0.72% 46,899 $7M $141.69 +46,899 NEW
25 XLY 0.71% 30,210 $7M $217.32 $6M +29,176 +2821.7%
26 CRWD 0.69% 12,417 $6M $509.31 $6M +10,931 +735.6%
27 MO 0.69% 107,519 $6M $58.63 $5M +82,499 +329.7%
28 BRK-B 0.69% 12,970 $6M $485.77 -$472K +254 +2.0%
29 JPM 0.66% 20,892 $6M $289.90 $864K -275 -1.3%
30 CSCO 0.65% 86,706 $6M $69.38 $425K -3,889 -4.3%
31 XLU 0.65% 73,436 $6M $81.66 +73,436 NEW
32 VNQ 0.65% 66,652 $6M $89.06 +66,652 NEW
33 IYR 0.64% 62,517 $6M $94.77 +62,517 NEW
34 TSLA 0.64% 18,609 $6M $317.66 $940K -572 -3.0%
35 ANET 0.64% 57,730 $6M $102.31 +57,730 NEW
36 TMUS 0.63% 24,351 $6M $238.27 $4M +19,025 +357.2%
37 ADBE 0.59% 14,097 $5M $386.88 -$177K -585 -4.0%
38 JPST 0.57% 102,655 $5M $50.68 -$20M -403,431 -79.7%
39 ABT 0.56% 37,863 $5M $136.01 $99K -211 -0.6%
40 NOW 0.55% 4,897 $5M $1,028.08 $2M +593 +13.8%
41 KR 0.54% 69,552 $5M $71.73 $5M +64,710 +1336.4%
42 EXPE 0.53% 28,782 $5M $168.68 +28,782 NEW
43 NET 0.53% 24,734 $5M $195.83 $2M +2,017 +8.9%
44 JNJ 0.51% 30,420 $5M $152.75 -$1M -5,366 -15.0%
45 VZ 0.50% 106,801 $5M $43.27 -$316K -2,054 -1.9%
46 JD 0.50% 140,602 $5M $32.64 +140,602 NEW
47 BAC 0.48% 92,430 $4M $47.32 $658K +3,395 +3.8%
48 SHOP 0.47% 37,375 $4M $115.35 $624K -1,247 -3.2%
49 ACN 0.47% 14,401 $4M $298.89 -$25K +528 +3.8%
50 SPYG 0.47% 44,887 $4M $95.32 $1M +7,738 +20.8%
51 WFC 0.46% 53,006 $4M $80.12 $557K +1,609 +3.1%
52 RTX 0.41% 26,056 $4M $146.02 -$128K -3,638 -12.2%
53 COST 0.41% 3,831 $4M $989.98 $850K +720 +23.1%
54 QCOM 0.41% 23,715 $4M $159.26 $70K -415 -1.7%
55 T 0.41% 130,072 $4M $28.94 $173K +3,081 +2.4%
56 JAAA 0.40% 72,623 $4M $50.75 -$3M -61,975 -46.0%
57 KO 0.39% 50,915 $4M $70.75 $93K +1,916 +3.9%
58 SBUX 0.39% 39,270 $4M $91.63 $634K +9,051 +29.9%
59 ZTS 0.39% 23,027 $4M $155.95 -$251K -307 -1.3%
60 ABBV 0.39% 19,133 $4M $185.62 -$1M -2,908 -13.2%
61 XOM 0.38% 32,363 $3M $107.80 -$1M -6,269 -16.2%
62 PULS 0.37% 69,132 $3M $49.76 -$2M -50,085 -42.0%
63 HD 0.37% 9,247 $3M $366.68 -$78K -217 -2.3%
64 PG 0.36% 20,935 $3M $159.32 -$328K -560 -2.6%
65 PEP 0.32% 22,106 $3M $132.04 -$454K -390 -1.7%
66 UL 0.32% 47,443 $3M $61.17 $16K -1,014 -2.1%
67 ABNB 0.32% 21,911 $3M $132.34 $201K -678 -3.0%
68 MDT 0.31% 32,297 $3M $87.17 -$201K -1,272 -3.8%
69 CYBR 0.29% 6,579 $3M $406.88 $282K -507 -7.2%
70 DIS 0.29% 21,279 $3M $124.01 $449K -903 -4.1%
71 TXN 0.29% 12,675 $3M $207.62 -$3M -19,844 -61.0%
72 OLLI 0.29% 19,877 $3M $131.78 $211K -821 -4.0%
73 MRK 0.28% 32,359 $3M $79.16 -$332K +121 +0.4%
74 MSCI 0.28% 4,422 $3M $576.74 $12K -67 -1.5%
75 SPDW 0.27% 62,387 $3M $40.49 $556K +8,276 +15.3%
76 IBM 0.27% 8,470 $2M $294.80 $615K +901 +11.9%
77 CVX 0.27% 17,223 $2M $143.19 -$2M -7,755 -31.1%
78 HDV 0.27% 20,967 $2M $117.17 $4K +713 +3.5%
79 CVS 0.26% 35,114 $2M $68.98 $112K +1,010 +3.0%
80 SHY 0.26% 28,746 $2M $82.86 $2M +19,778 +220.5%
81 SPYV 0.25% 44,416 $2M $52.34 $523K +9,130 +25.9%
82 WDAY 0.25% 9,682 $2M $240.00 $90K +119 +1.2%
83 SPEM 0.25% 54,225 $2M $42.74 $1M +29,304 +117.6%
84 CMCSA 0.25% 64,064 $2M $35.69 $122K +5,406 +9.2%
85 DUK 0.24% 19,055 $2M $118.00 -$47K +233 +1.2%
86 SCHW 0.24% 24,634 $2M $91.24 $355K +451 +1.9%
87 TMO 0.24% 5,541 $2M $405.47 -$911K -805 -12.7%
88 COP 0.24% 24,865 $2M $89.74 $34K +3,938 +18.8%
89 GD 0.24% 7,551 $2M $291.68 $214K +255 +3.5%
90 CW 0.23% 4,391 $2M $488.61 $632K -380 -8.0%
91 BDX 0.23% 12,323 $2M $172.25 -$124K +2,514 +25.6%
92 LOW 0.23% 9,530 $2M $221.88 -$79K +124 +1.3%
93 PLTR 0.23% 15,345 $2M $136.32 $1M +5,933 +63.0%
94 IDXX 0.23% 3,883 $2M $536.34 $2M +3,313 +581.2%
95 WM 0.23% 9,062 $2M $228.79 $67K +397 +4.6%
96 SNOW 0.22% 9,105 $2M $223.77 $738K +213 +2.4%
97 AON 0.22% 5,707 $2M $356.78 -$548K -767 -11.8%
98 AMAT 0.22% 10,998 $2M $183.06 $408K -61 -0.6%
99 MORN 0.22% 6,323 $2M $313.96 -$65K -514 -7.5%
100 CME 0.21% 7,163 $2M $275.65 $295K +833 +13.2%

New Positions

SymbolValue% Port
PPA $7M 0.72%
XLU $6M 0.65%
VNQ $6M 0.65%
IYR $6M 0.64%
ANET $6M 0.64%
EXPE $5M 0.53%
JD $5M 0.50%
EHC $762K 0.08%
FICO $627K 0.07%
HEI $606K 0.07%
CAVA $549K 0.06%
UBER $487K 0.05%
B $451K 0.05%
INDA $437K 0.05%
ZS $425K 0.05%

Sold Out Positions

SymbolValue% Port
YUM —%
ACI —%
ALL —%
AFG —%
LYB —%
TRNO —%
BBY —%
HSY —%
HLN —%
ONTO —%
TDG —%
RMD —%
NVS —%
ODV —%
RF —%
View SEC EDGAR Filings for NORDEN GROUP LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms