ThomasPartners just released their quarterly 13F filing with the SEC. I take a closer look at the firm’s $13.2 billion dividend-driven portfolio below.
ThomasPartners’ Latest Form 13F Filing
Greg Thomas is the Founder, Chief Investment Strategist, CEO, and Chairman of ThomasPartners. He leads the firm and is the architect of its dividend growth portfolio strategies. Mr. Thomas was previously a partner at William Blair.
According to its website, ThomasPartners invests in companies that pay dividends with the goal of growing those dividends in the future. Its strategy strives to provide investors with a reliable source of income, designed to keep pace with inflation over time.
On February 12th, Greg Thomas’ firm ThomasPartners filed its quarterly Form 13F regulatory filing. I reviewed the filing to gain a glimpse into the firm’s large portfolio.
ThomasPartners’ stock portfolio totals $13.2 billion according to the latest filing. The list value of stock holdings is up 5.7% when compared to the last quarter. As a benchmark, the S&P 500 was up 6.1% over the same period.
ThomasPartners’ Best Dividend Yields
The Ideas section of finbox.io tracks top investors and trending investment themes. You can get the latest data on the holdings at the ThomasPartners page.
The ranking table below lists the stocks in ThomasPartners’ portfolio with the best dividend yields. Dividend seekers can appreciate stocks that earn upwards of 6% excluding price appreciation and are also backed by a prominent investor.
|Ticker||Name||Dividend Yield||% Of Portfolio|
|ETP||ENERGY TRANSFER PARTNERS LP||12.2%||0.0%|
|EPD||ENTERPRISE PRODS PARTNERS L||6.3%||0.2%|
|PAA||PLAINS ALL AMERN PIPELINE L||5.5%||0.1%|
|MMP||MAGELLAN MIDSTREAM PRTNRS LP||5.5%||0.2%|
|VZ||VERIZON COMMUNICATIONS INC||4.7%||2.6%|
Energy Transfer Partners, L.P. (NYSE: ETP) is the highest yielding dividend stock in ThomasPartners’ portfolio. The current share price and dividend offer income investors a yield of 12.2%.
ThomasPartners’ Largest Holdings
The next table summarizes the firm’s largest holdings reported in the last filing:
|Ticker||Name||Holding ($mil)||% Of Portfolio|
|JNJ||JOHNSON & JOHNSON||$424.5||3.2%|
|CVX||CHEVRON CORP NEW||$397.5||3.0%|
|XOM||EXXON MOBIL CORP||$374.4||2.8%|
|TXN||TEXAS INSTRS INC||$373.6||2.8%|
|AMLP||ALPS ETF TR||$366.7||2.8%|
|PPG||PPG INDS INC||$354.6||2.7%|
The seven positions above represent 20.1% of the fund’s total portfolio.
ThomasPartners’ Fastest Growing Stocks
Analysts often look at companies as either thriving, surviving or dying. Analyzing a company’s revenue growth can help distinguish between these stages. Growth of over 10% typically signifies the core business is doing very well and the company’s products and services are in demand. Furthermore, investors have to worry less about future dividend growth potential of companies that are increasing their top-line at a healthy rate.
The table below lists 7 stocks in ThomasPartners’ portfolio that have strong top-line growth.
|Ticker||Name||Revenue Growth||% Of Portfolio|
|PAA||PLAINS ALL AMERN PIPELINE L||27.8%||0.1%|
|CVX||CHEVRON CORP NEW||20.8%||3.0%|
|EPD||ENTERPRISE PRODS PARTNERS L||20.2%||0.2%|
|LMT||LOCKHEED MARTIN CORP||17.6%||2.0%|
|OXY||OCCIDENTAL PETE CORP DEL||16.8%||1.5%|
|MMP||MAGELLAN MIDSTREAM PRTNRS LP||13.2%||0.2%|
Plains All American Pipeline is the fastest growing company in ThomasPartners’ portfolio. The company’s LTM total revenue of $24.6 billion is up 27.8% year-over-year. Very impressive. Note that the stock price is down -26.8% over the last twelve months.
ThomasPartners’ Recent Price Pull-Back Stocks
To find stocks in his portfolio that may be unpopular at the moment and trading at cheap valuations, I ranked the firm’s holdings by price pullbacks. The ranking table below lists the stocks in ThomasPartners’ portfolio by stock price performance over the last 30 days.
|Ticker||Name||Price 1-mo Ago||Current Price||% Change 1-mo|
|CVX||CHEVRON CORP NEW||$133.60||$114.19||-14.5%|
|PH||PARKER HANNIFIN CORP||$209.25||$181.95||-13.0%|
|CVS||CVS HEALTH CORP||$78.29||$69.99||-10.6%|
|JNJ||JOHNSON & JOHNSON||$145.76||$130.55||-10.4%|
|TXN||TEXAS INSTRS INC||$112.09||$102.18||-8.8%|
|WFC||WELLS FARGO CO NEW||$62.18||$56.74||-8.7%|
|TROW||PRICE T ROWE GROUP INC||$115.35||$105.32||-8.7%|
Chevron Corporation (NYSE: CVX) stock price has fallen by -14.5% over the last month. It may be worth taking a closer look at the stock, especially after this recent decline.
Author: Brian Dentino
Expertise: financial technology, analyzing market trends
Brian is a founder at finbox.io, where he’s focused on building tools that make it faster and easier for investors to research stock fundamentals. Brian’s background is in physics & computer science and previously worked as a software engineer at GE Healthcare. He enjoys applying his expertise in technology to help find market trends that impact investors.
Brian can be reached at firstname.lastname@example.org.
As of this writing, Brian did not hold a position in any of the aforementioned securities and this is not a buy or sell recommendation on any security mentioned.