Grimes & Company, Inc. Top Holdings and 13F Report (2024)

About Grimes & Company, Inc.

Investment Activity

Grimes & Company, Inc. has $3.34 billion in total holdings as of June 30, 2024.
Grimes & Company, Inc. owns shares of 349 different stocks, but just 55 companies or ETFs make up 80% of its holdings.
Approximately 8.13% of the portfolio was purchased this quarter.
About 5.30% of the portfolio was sold this quarter.
This quarter, Grimes & Company, Inc. has purchased 345 new stocks and bought additional shares in 199 stocks.
Grimes & Company, Inc. sold shares of 110 stocks and completely divested from 15 stocks this quarter.

Largest Holdings

iShares Core MSCI EAFE ETF: $280,398,544
Invesco Senior Loan ETF: $191,643,560
SPDR Bloomberg Short Term High Yield Bond ETF: $179,990,547
iShares 0-5 Year High Yield Corporate Bond ETF: $178,858,168
iShares Core MSCI Emerging Markets ETF: $145,384,075

Largest New Holdings this Quarter

McCormick & Company, Incorporated: $5,744,547 Holding
GE VERNOVA INC: $607,145 Holding
Saba Closed-End Funds ETF: $441,591 Holding
GLADSTONE CAPITAL CORP: $353,612 Holding
Sixth Street Specialty Lending: $337,518 Holding

Largest Purchases this Quarter

Communication Services Select Sector SPDR Fund: 390,627 shares (about $33.46M)
iShares Core MSCI Emerging Markets ETF: 624,880 shares (about $33.45M)
Energy Select Sector SPDR Fund: 262,524 shares (about $23.93M)
Vanguard Small-Cap ETF: 99,462 shares (about $21.69M)
Salesforce: 61,444 shares (about $15.80M)

Largest Sales this Quarter

Consumer Staples Select Sector SPDR Fund: 274,122 shares (about $20.99M)
Charles Schwab: 211,966 shares (about $15.62M)
Health Care Select Sector SPDR Fund: 86,059 shares (about $12.54M)
Taiwan Semiconductor Manufacturing: 66,804 shares (about $11.61M)
Sysco: 160,832 shares (about $11.48M)

Sector Allocation Over Time

Selling

Neutral

Buying

Latest 13F Holdings and Changes Since Previous Quarterly Filing

Issuer Name	Holdings Value	Approximate Purchase/Sale	Change in Shares	Shares Held	% of Portfolio	Sector
IEFA iShares Core MSCI EAFE ETF	$280,398,544	$5,464,489 ▲	2.0%	3,860,112	8.4%	ETF
BKLN Invesco Senior Loan ETF	$191,643,560	$6,051,883 ▲	3.3%	9,108,534	5.7%	ETF
SJNK SPDR Bloomberg Short Term High Yield Bond ETF	$179,990,547	$7,114,827 ▲	4.1%	7,208,272	5.4%	ETF
SHYG iShares 0-5 Year High Yield Corporate Bond ETF	$178,858,168	$7,277,812 ▲	4.2%	4,238,345	5.4%	ETF
IEMG iShares Core MSCI Emerging Markets ETF	$145,384,075	$33,449,831 ▲	29.9%	2,715,936	4.4%	ETF
IVV iShares Core S&P 500 ETF	$129,903,421	$4,857,205 ▼	-3.6%	237,384	3.9%	ETF
JHML John Hancock Multifactor Large Cap ETF	$110,051,503	$1,172,455 ▼	-1.1%	1,692,840	3.3%	ETF
AAPL Apple	$105,517,459	$11,577,360 ▲	12.3%	500,985	3.2%	Computer and Technology
IWM iShares Russell 2000 ETF	$95,209,473	$2,148,607 ▼	-2.2%	469,266	2.8%	Finance
MSFT Microsoft	$76,142,043	$429,519 ▼	-0.6%	170,359	2.3%	Computer and Technology
XLC Communication Services Select Sector SPDR Fund	$63,234,657	$33,461,118 ▲	112.4%	738,205	1.9%	ETF
HYMB SPDR Nuveen Bloomberg High Yield Municipal Bond ETF	$57,681,220	$1,285,915 ▲	2.3%	2,267,344	1.7%	ETF
HYD VanEck High Yield Muni ETF	$57,514,019	$1,299,101 ▲	2.3%	1,113,534	1.7%	ETF
VUG Vanguard Growth ETF	$47,685,080	$2,238,072 ▼	-4.5%	127,497	1.4%	ETF
XLE Energy Select Sector SPDR Fund	$45,051,147	$23,929,055 ▲	113.3%	494,253	1.3%	ETF
XLK Technology Select Sector SPDR Fund	$39,810,867	$981,161 ▲	2.5%	175,975	1.2%	ETF
RSP Invesco S&P 500 Equal Weight ETF	$39,526,475	$9,923,839 ▲	33.5%	240,604	1.2%	ETF
XLY Consumer Discretionary Select Sector SPDR Fund	$33,556,769	$4,836,141 ▼	-12.6%	183,974	1.0%	Finance
VB Vanguard Small-Cap ETF	$32,393,511	$21,686,669 ▲	202.5%	148,567	1.0%	ETF
GOOGL Alphabet	$32,031,606	$48,816 ▼	-0.2%	175,853	1.0%	Computer and Technology
TSM Taiwan Semiconductor Manufacturing	$31,837,792	$11,611,193 ▼	-26.7%	183,176	1.0%	Computer and Technology
PRF Invesco FTSE RAFI US 1000 ETF	$31,718,102	$818,315 ▼	-2.5%	835,787	0.9%	ETF
XLV Health Care Select Sector SPDR Fund	$30,426,862	$12,543,077 ▼	-29.2%	208,761	0.9%	ETF
XLP Consumer Staples Select Sector SPDR Fund	$29,321,584	$20,992,278 ▼	-41.7%	382,888	0.9%	ETF
AMGN Amgen	$29,283,099	$179,659 ▲	0.6%	93,721	0.9%	Medical
RMIF LHA Risk-Managed Income ETF	$28,428,330	$482,952 ▼	-1.7%	1,137,365	0.9%	ETF
AMZN Amazon.com	$27,427,695	$62,033 ▲	0.2%	141,929	0.8%	Retail/Wholesale
QCOM QUALCOMM	$26,314,492	$44,816 ▼	-0.2%	132,114	0.8%	Computer and Technology
META Meta Platforms	$26,308,370	$3,538,137 ▼	-11.9%	52,176	0.8%	Computer and Technology
CSCO Cisco Systems	$26,206,455	$522,135 ▲	2.0%	551,599	0.8%	Computer and Technology
PAYX Paychex	$23,555,201	$375,718 ▲	1.6%	198,677	0.7%	Business Services
KMB Kimberly-Clark	$21,584,312	$5,146,973 ▲	31.3%	156,182	0.6%	Consumer Staples
TROW T. Rowe Price Group	$21,193,583	$600,187 ▲	2.9%	183,797	0.6%	Finance
AMD Advanced Micro Devices	$20,856,439	$1,401,492 ▼	-6.3%	128,577	0.6%	Computer and Technology
RF Regions Financial	$20,686,491	$454,247 ▲	2.2%	1,032,260	0.6%	Finance
RTX RTX	$20,258,536	$2,484,255 ▼	-10.9%	201,798	0.6%	Aerospace
ACN Accenture	$19,953,624	$338,603 ▲	1.7%	65,765	0.6%	Computer and Technology
UPS United Parcel Service	$18,588,423	$1,870,598 ▲	11.2%	135,831	0.6%	Transportation
JPM JPMorgan Chase & Co.	$18,572,556	$107,400 ▼	-0.6%	91,825	0.6%	Finance
BMY Bristol-Myers Squibb	$18,466,820	$2,658,793 ▲	16.8%	444,662	0.6%	Medical
EOG EOG Resources	$18,128,349	$279,306 ▲	1.6%	144,024	0.5%	Oils/Energy
AMAT Applied Materials	$17,820,474	$5,238,484 ▼	-22.7%	75,514	0.5%	Computer and Technology
V Visa	$17,524,999	$115,224 ▲	0.7%	66,770	0.5%	Business Services
ABBV AbbVie	$17,249,737	$56,430 ▲	0.3%	100,570	0.5%	Medical
HSY Hershey	$16,630,539	$10,766,733 ▲	183.6%	90,467	0.5%	Consumer Staples
DIS Walt Disney	$16,513,891	$44,680 ▲	0.3%	166,320	0.5%	Consumer Discretionary
CVS CVS Health	$16,013,274	$401,194 ▲	2.6%	271,136	0.5%	Retail/Wholesale
CRM Salesforce	$16,012,763	$15,797,312 ▲	7,332.2%	62,282	0.5%	Computer and Technology
MDT Medtronic	$15,651,449	$287,684 ▲	1.9%	198,850	0.5%	Medical
RHI Robert Half	$15,647,897	$1,219,906 ▲	8.5%	244,575	0.5%	Business Services
NVO Novo Nordisk A/S	$15,307,515	$222,245 ▲	1.5%	107,241	0.5%	Medical
DOCU DocuSign	$15,033,661	$468,393 ▼	-3.0%	281,003	0.4%	Business Services
IJR iShares Core S&P Small-Cap ETF	$14,889,998	$136,632 ▲	0.9%	139,602	0.4%	ETF
XLB Materials Select Sector SPDR Fund	$14,509,642	$846,007 ▲	6.2%	164,304	0.4%	ETF
JNJ Johnson & Johnson	$14,464,812	$152,152 ▲	1.1%	98,966	0.4%	Medical
INTC Intel	$14,125,953	$71,665 ▲	0.5%	456,117	0.4%	Computer and Technology
UNH UnitedHealth Group	$13,875,657	$759,298 ▲	5.8%	27,247	0.4%	Medical
AVGO Broadcom	$13,839,744	$3,106,717 ▼	-18.3%	8,620	0.4%	Computer and Technology
GILD Gilead Sciences	$13,175,104	$11,980,879 ▲	1,003.2%	192,029	0.4%	Medical
A Agilent Technologies	$13,174,156	$1,404,669 ▼	-9.6%	101,629	0.4%	Computer and Technology
ZM Zoom Video Communications	$13,084,837	$3,169,802 ▲	32.0%	221,065	0.4%	Computer and Technology
GOOG Alphabet	$13,031,746	$63,463 ▼	-0.5%	71,049	0.4%	Computer and Technology
VCR Vanguard Consumer Discretionary ETF	$12,260,764	$3,005,224 ▼	-19.7%	39,256	0.4%	ETF
ETN Eaton	$12,145,500	$3,314,889 ▼	-21.4%	38,735	0.4%	Industrial Products
NVDA NVIDIA	$11,922,634	$11,109,615 ▲	1,366.5%	96,508	0.4%	Computer and Technology
INCY Incyte	$11,656,923	$436,585 ▲	3.9%	192,295	0.3%	Medical
SPY SPDR S&P 500 ETF Trust	$11,531,730	$376,064 ▲	3.4%	21,189	0.3%	Finance
BAC Bank of America	$11,168,062	$1,441,743 ▼	-11.4%	280,816	0.3%	Finance
BIIB Biogen	$11,067,085	$197,511 ▲	1.8%	47,740	0.3%	Medical
SLB Schlumberger	$10,856,145	$183,624 ▲	1.7%	230,101	0.3%	Oils/Energy
VZ Verizon Communications	$10,799,963	$244,924 ▲	2.3%	261,881	0.3%	Computer and Technology
ALB Albemarle	$10,778,853	$3,838,087 ▲	55.3%	112,844	0.3%	Basic Materials
CTSH Cognizant Technology Solutions	$10,764,141	$220,728 ▲	2.1%	158,296	0.3%	Computer and Technology
NKE NIKE	$10,683,032	$3,819,002 ▲	55.6%	141,741	0.3%	Consumer Discretionary
SCHW Charles Schwab	$10,526,829	$15,619,762 ▼	-59.7%	142,853	0.3%	Finance
FFIV F5	$10,309,469	$184,113 ▲	1.8%	59,859	0.3%	Computer and Technology
SCHX Schwab US Large-Cap ETF	$10,251,573	$64,378 ▲	0.6%	159,558	0.3%	ETF
PEP PepsiCo	$9,872,208	$5,042,071 ▲	104.4%	59,857	0.3%	Consumer Staples
HPE Hewlett Packard Enterprise	$9,661,164	$92,428 ▲	1.0%	456,361	0.3%	Computer and Technology
AXP American Express	$9,582,481	$2,263,637 ▼	-19.1%	41,384	0.3%	Finance
IJH iShares Core S&P Mid-Cap ETF	$9,392,307	$39,794 ▼	-0.4%	160,497	0.3%	ETF
ADBE Adobe	$9,128,671	$380,546 ▼	-4.0%	16,432	0.3%	Computer and Technology
CVX Chevron	$8,967,958	$281,710 ▲	3.2%	57,333	0.3%	Oils/Energy
AGG iShares Core U.S. Aggregate Bond ETF	$8,824,712	$2,064,577 ▼	-19.0%	90,911	0.3%	Finance
SPDW SPDR Portfolio Developed World ex-US ETF	$8,663,899	$257,874 ▲	3.1%	246,975	0.3%	ETF
PYPL PayPal	$8,555,808	$203,221 ▲	2.4%	147,438	0.3%	Computer and Technology
LMT Lockheed Martin	$8,510,173	$193,381 ▲	2.3%	18,219	0.3%	Aerospace
EFA iShares MSCI EAFE ETF	$8,093,656	$113,970 ▲	1.4%	103,328	0.2%	Finance
XOM Exxon Mobil	$8,064,053	$70,223 ▲	0.9%	70,049	0.2%	Oils/Energy
BA Boeing	$7,979,617	$264,458 ▲	3.4%	43,842	0.2%	Aerospace
CMCSA Comcast	$7,683,700	$118,146 ▲	1.6%	196,213	0.2%	Consumer Discretionary
SBUX Starbucks	$7,145,328	$1,166,508 ▲	19.5%	91,783	0.2%	Retail/Wholesale
BRK.B Berkshire Hathaway	$6,876,093	$47,188 ▼	-0.7%	16,903	0.2%	Finance
VEA Vanguard FTSE Developed Markets ETF	$6,630,332	$389,281 ▲	6.2%	134,163	0.2%	ETF
SCHF Schwab International Equity ETF	$6,627,679	$16,367 ▲	0.2%	172,506	0.2%	ETF
DFAE Dimensional Emerging Core Equity Market ETF	$6,303,125	$167,146 ▲	2.7%	243,646	0.2%	ETF
ABT Abbott Laboratories	$5,897,646	$22,756 ▼	-0.4%	56,757	0.2%	Medical
MKC McCormick & Company, Incorporated	$5,744,547	$5,744,547 ▲	New Holding	80,978	0.2%	Consumer Staples
PG Procter & Gamble	$5,185,201	$65,802 ▼	-1.3%	31,441	0.2%	Consumer Staples
MA Mastercard	$5,145,793	$1,802,175 ▲	53.9%	11,664	0.2%	Business Services