Palisade Capital Management, L.P. 13F annual report

Palisade Capital Management, L.P. is an investment fund managing more than $3.27 trillion ran by Dennison Veru. There are currently 222 companies in Veru’s portfolio. The largest investments include Raymond James Finl Inc and Mueller Inds Inc, together worth $121 billion.

Limited to 30 biggest holdings

$3.27 trillion Assets Under Management (AUM)

As of 7th August 2024, Palisade Capital Management, L.P.’s top holding is 526,493 shares of Raymond James Finl Inc currently worth over $65.1 billion and making up 2.0% of the portfolio value. In addition, the fund holds 982,596 shares of Mueller Inds Inc worth $55.9 billion. The third-largest holding is Applied Indl Technologies In worth $54.5 billion and the next is Apple Inc worth $52.8 billion, with 250,818 shares owned.

Currently, Palisade Capital Management, L.P.'s portfolio is worth at least $3.27 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Palisade Capital Management, L.P.

The Palisade Capital Management, L.P. office and employees reside in Fort Lee, New Jersey. According to the last 13-F report filed with the SEC, Dennison Veru serves as the Chief Investment Officer at Palisade Capital Management, L.P..

Recent trades

In the most recent 13F filing, Palisade Capital Management, L.P. revealed that it had opened a new position in Columbia Bkg Sys Inc and bought 1,143,036 shares worth $22.7 billion.

The investment fund also strengthened its position in Vertex Inc by buying 25,872 additional shares. This makes their stake in Vertex Inc total 1,208,212 shares worth $43.6 billion.

On the other hand, there are companies that Palisade Capital Management, L.P. is getting rid of from its portfolio. Palisade Capital Management, L.P. closed its position in Independent Bk Corp Mass on 14th August 2024. It sold the previously owned 456,750 shares for $23.8 billion. Dennison Veru also disclosed a decreased stake in Raymond James Finl Inc by approximately 0.1%. This leaves the value of the investment at $65.1 billion and 526,493 shares.

One of the largest hedge funds

The two most similar investment funds to Palisade Capital Management, L.P. are Capital International Sarl and Mutual Advisors. They manage $3.28 trillion and $3.26 trillion respectively.


Dennison Veru investment strategy

Palisade Capital Management, L.P.’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 14.4% of the total portfolio value. The fund focuses on investments in the United States as 59.0% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 27% of the total holdings value. On the other hand, small-cap stocks make up only 0.5% of the portfolio. The average market cap of the portfolio companies is close to $89.5 billion.

The complete list of Palisade Capital Management, L.P. trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Raymond James Finl Inc
1.37%
526,493
$65,079,745,000 1.99%
Mueller Inds Inc
1.69%
982,596
$55,949,039,000 1.71%
Applied Indl Technologies In
34.27%
280,813
$54,477,695,000 1.67%
Apple Inc
1.18%
250,818
$52,827,343,000 1.62%
Avient Corporation
1.73%
1,180,525
$51,529,916,000 1.58%
Littelfuse, Inc.
1.51%
200,450
$51,233,143,000 1.57%
Primo Water Corporation
1.71%
2,271,821
$49,662,014,000 1.52%
Idacorp, Inc.
1.71%
509,991
$47,505,630,000 1.45%
Texas Roadhouse Inc
2.11%
274,354
$47,109,245,000 1.44%
Verra Mobility Corporation
1.68%
1,725,447
$46,932,153,000 1.43%
ACI Worldwide Inc
1.71%
1,158,784
$45,876,251,000 1.40%
Blackbaud Inc
1.70%
594,918
$45,314,904,000 1.39%
Onto Innovation Inc.
23.39%
202,644
$44,492,487,000 1.36%
Acadia Healthcare Company In
1.72%
650,539
$43,937,399,000 1.34%
RLI Corp.
0.60%
312,195
$43,922,741,000 1.34%
Stride Inc
1.70%
619,243
$43,656,603,000 1.33%
Vertex Inc
2.19%
1,208,212
$43,556,028,000 1.33%
Amphenol Corp.
88.84%
627,231
$42,256,538,000 1.29%
Eastgroup Pptys Inc
1.85%
246,376
$41,908,535,000 1.28%
SM Energy Co
2.22%
942,940
$40,763,282,000 1.25%
RB Global Inc
12.06%
530,078
$40,476,771,000 1.24%
Wiley John Sons Inc
1.70%
993,494
$40,435,225,000 1.24%
Northern Oil Gas Inc
1.65%
1,072,068
$39,848,755,000 1.22%
Wsfs Finl Corp
1.70%
809,486
$38,045,823,000 1.16%
Vontier Corporation
1.70%
974,678
$37,232,692,000 1.14%
Microsoft Corporation
5.75%
80,963
$36,186,421,000 1.11%
Performance Food Group Company
1.85%
532,869
$35,227,965,000 1.08%
Altair Engr Inc
1.70%
356,215
$34,937,600,000 1.07%
Prosperity Bancshares Inc.
1.69%
563,781
$34,469,595,000 1.05%
Saia Inc.
15.19%
70,613
$33,490,976,000 1.02%
LKQ Corp
1.53%
790,733
$32,886,605,000 1.01%
Bruker Corp
1.75%
512,522
$32,704,029,000 1.00%
Azenta Inc
1.64%
617,716
$32,504,195,000 0.99%
Heico Corp.
0.52%
179,551
$31,873,913,000 0.97%
Danaher Corp.
1.15%
125,000
$31,231,165,000 0.95%
Gibraltar Inds Inc
1.71%
451,783
$30,969,725,000 0.95%
Woodward Inc
1.69%
176,326
$30,747,670,000 0.94%
Repligen Corp.
32.02%
243,865
$30,741,605,000 0.94%
Renasant Corp.
1.75%
1,006,102
$30,726,347,000 0.94%
Group 1 Automotive, Inc.
1.72%
102,313
$30,415,549,000 0.93%
Barnes Group Inc.
1.72%
718,393
$29,748,657,000 0.91%
Cullen Frost Bankers Inc.
1.66%
291,685
$29,643,906,000 0.91%
Novo-nordisk A S
0.92%
201,272
$28,729,616,000 0.88%
Jpmorgan Chase Co.
1.38%
141,080
$28,534,852,000 0.87%
NVIDIA Corp
1,074.79%
226,335
$27,961,425,000 0.85%
Commercial Metals Co.
1.71%
503,662
$27,696,392,000 0.85%
Broadcom Inc
14.74%
16,856
$27,062,489,000 0.83%
OneSpaWorld Holdings Limited
5.13%
1,738,628
$26,722,710,000 0.82%
Biolife Solutions Inc
1.58%
1,232,712
$26,417,020,000 0.81%
Ccc Intelligent Solutions Hl
1.69%
2,335,879
$25,951,618,000 0.79%
Cheesecake Factory Inc.
27.58%
657,575
$25,836,119,000 0.79%
Alphabet Inc
0.11%
228,153
$41,733,576,000 1.28%
Rlj Lodging Tr
1.80%
2,612,284
$25,156,292,000 0.77%
Cousins Pptys Inc
1.79%
1,084,919
$25,115,876,000 0.77%
Fulton Finl Corp Pa
1.75%
1,444,546
$24,528,386,000 0.75%
Quaker Houghton
1.60%
143,290
$24,316,324,000 0.74%
Ingevity Corp
1.75%
552,420
$24,146,269,000 0.74%
Independent Bk Corp Mass
Closed
456,750
$23,760,135,000
Oil Sts Intl Inc
Closed
3,821,478
$23,540,304,000
Semtech Corp.
1.53%
779,421
$23,289,111,000 0.71%
Visa Inc
3.05%
86,830
$22,790,377,000 0.70%
Columbia Bkg Sys Inc
Opened
1,143,036
$22,734,986,000 0.70%
Buckle, Inc.
1.70%
610,595
$22,555,387,000 0.69%
Icon Plc
0.79%
71,891
$22,535,692,000 0.69%
Roper Technologies Inc
4.19%
39,440
$22,230,861,000 0.68%
AdaptHealth Corp.
40.92%
2,166,998
$21,669,979,000 0.66%
Shift4 Pmts Inc
16.23%
295,193
$21,652,411,000 0.66%
Ametek Inc
5.31%
129,377
$21,568,382,000 0.66%
Csg Sys Intl Inc
1.68%
517,344
$21,299,055,000 0.65%
PROG Holdings, Inc.
1.69%
613,382
$21,272,102,000 0.65%
Westamerica Bancorporation
1.74%
437,957
$21,254,053,000 0.65%
Cactus Inc
Opened
402,384
$21,221,732,000 0.65%
Taylor Morrison Home Corp.
23.02%
362,986
$20,123,970,000 0.62%
Amazon.com Inc.
6.56%
99,515
$19,231,336,000 0.59%
Easterly Govt Pptys Inc
8.20%
1,508,772
$18,663,508,000 0.57%
Bright Horizons Fam Sol In D
1.69%
169,001
$18,603,637,000 0.57%
MSA Safety Inc
1.76%
96,907
$18,188,450,000 0.56%
Fortive Corp
7.38%
244,590
$18,124,102,000 0.55%
Corsair Gaming, Inc.
10.19%
1,608,594
$17,758,879,000 0.54%
Fiserv, Inc.
2.26%
114,167
$17,015,438,000 0.52%
Intercontinental Exchange In
0.87%
122,535
$16,773,816,000 0.51%
Centene Corp.
6.05%
247,149
$16,385,960,000 0.50%
Matthews Intl Corp
1.72%
627,422
$15,716,911,000 0.48%
Healthcare Svcs Group Inc
1.71%
1,481,197
$15,671,066,000 0.48%
Atkore Inc
1.69%
114,046
$15,388,272,000 0.47%
Avid Bioservices Inc
2.74%
2,113,297
$15,088,941,000 0.46%
Hillenbrand Inc
1.71%
371,345
$14,861,211,000 0.45%
Heron Therapeutics Inc
8.49%
4,049,128
$14,171,949,000 0.43%
Home Depot, Inc.
0.19%
41,066
$14,136,419,000 0.43%
Franco Nev Corp
2.46%
116,259
$13,778,982,000 0.42%
Horace Mann Educators Corp N
1.76%
413,981
$13,504,062,000 0.41%
Definitive Healthcare Corp
85.84%
2,464,049
$13,453,706,000 0.41%
Advanced Micro Devices Inc.
0.86%
82,520
$13,385,569,000 0.41%
BlackLine Inc
1.69%
271,562
$13,157,172,000 0.40%
Berkshire Hathaway Inc.
0.15%
32,206
$15,548,738,000 0.48%
Amerisafe Inc
1.74%
297,368
$13,051,481,000 0.40%
Integer Hldgs Corp
Opened
111,348
$12,892,985,000 0.39%
First Advantage Corp New
1.64%
791,454
$12,718,671,000 0.39%
Teledyne Technologies Inc
4.87%
32,120
$12,461,761,000 0.38%
Resources Connection Inc
1.71%
1,122,829
$12,396,037,000 0.38%
Abbvie Inc
1.18%
68,974
$11,830,420,000 0.36%
Castle Biosciences, Inc.
1.68%
537,974
$11,711,688,000 0.36%
Community Healthcare Tr Inc
1.68%
492,027
$11,508,511,000 0.35%
Envista Holdings Corp
60.67%
666,148
$11,078,038,000 0.34%
General Dynamics Corp.
4.95%
37,933
$11,005,890,000 0.34%
Meta Platforms Inc
2.20%
21,740
$10,961,943,000 0.34%
Ares Capital Corp
54.98%
516,192
$10,757,441,000 0.33%
Becton Dickinson Co
17.10%
45,243
$10,573,725,000 0.32%
Aarons Company Inc (The)
Closed
1,381,281
$10,359,607,000
New Mtn Fin Corp
2.56%
841,909
$10,304,966,000 0.32%
Vestis Corporation
1.69%
809,375
$9,898,659,000 0.30%
Costco Whsl Corp New
3.30%
11,371
$9,665,642,000 0.30%
Oreilly Automotive Inc
1.68%
8,742
$9,232,356,000 0.28%
Kkr Co Inc
No change
87,018
$9,157,774,000 0.28%
Revolve Group Inc
1.71%
559,123
$8,895,650,000 0.27%
Pennymac Finl Svcs Inc New
Opened
93,871
$8,880,197,000 0.27%
Ranpak Holdings Corp
1.61%
1,363,288
$8,765,944,000 0.27%
Monro Inc
Closed
268,489
$8,468,143,000
Digitalbridge Group Inc
Opened
611,676
$8,379,961,000 0.26%
Qualcomm, Inc.
No change
42,020
$8,369,544,000 0.26%
Wells Fargo Co New
0.23%
7,002
$8,283,436,000 0.25%
Johnson Johnson
28.70%
56,243
$8,220,544,000 0.25%
Union Pac Corp
0.56%
36,006
$8,146,718,000 0.25%
Clearwater Analytics Hldgs I
Opened
436,488
$8,083,758,000 0.25%
Zoetis Inc
16.83%
45,572
$7,900,431,000 0.24%
Mondelez International Inc.
0.87%
119,277
$7,805,487,000 0.24%
Ishares Tr
13.08%
159,328
$11,242,874,000 0.34%
NextEra Energy Inc
12.47%
102,922
$7,287,907,000 0.22%
Dominos Pizza Inc
No change
13,659
$7,052,551,000 0.22%
Veralto Corp
13.76%
73,676
$7,033,873,000 0.22%
Unisys Corp.
1.67%
1,663,699
$6,871,077,000 0.21%
Zebra Technologies Corporati
0.93%
21,432
$6,620,988,000 0.20%
Model N Inc
Closed
217,193
$6,183,485,000
Northrop Grumman Corp.
1.08%
13,675
$5,961,616,000 0.18%
Fidelity National Financial Inc
0.85%
119,250
$5,893,335,000 0.18%
Bank America Corp
0.20%
10,622
$5,793,686,000 0.18%
Trupanion Inc
1.69%
187,043
$5,499,070,000 0.17%
Quanta Svcs Inc
21.71%
21,503
$5,463,697,000 0.17%
Thermo Fisher Scientific Inc.
13.78%
9,580
$5,297,740,000 0.16%
Chevron Corp.
401.89%
32,989
$5,160,139,000 0.16%
Adobe Inc
0.28%
9,054
$5,029,859,000 0.15%
Sherwin-Williams Co.
No change
16,075
$4,797,262,000 0.15%
Sp Global Inc
Opened
10,594
$4,724,924,000 0.14%
Applied Matls Inc
2.28%
19,583
$4,621,392,000 0.14%
Mcdonalds Corp
No change
16,046
$4,089,163,000 0.13%
Devon Energy Corp.
48.15%
84,466
$4,003,669,000 0.12%
Burlington Stores Inc
1.09%
15,767
$3,784,080,000 0.12%
Pepsico Inc
4.00%
21,652
$3,571,134,000 0.11%
Donaldson Co. Inc.
1.95%
46,335
$3,315,733,000 0.10%
Permian Resources Corp
389.29%
200,026
$3,230,420,000 0.10%
Ssc Technologies Hldgs Inc
2.10%
50,144
$3,142,524,000 0.10%
Diamondback Energy Inc
48.70%
15,604
$3,123,765,000 0.10%
Bok Finl Corp
2.00%
33,992
$3,115,027,000 0.10%
Aptargroup Inc.
1.96%
22,052
$3,105,142,000 0.09%
Intuit Inc
2.86%
4,716
$3,099,402,000 0.09%
Emergent Biosolutions Inc
1.69%
453,829
$3,095,115,000 0.09%
Texas Instrs Inc
No change
14,811
$2,881,184,000 0.09%
Helmerich Payne Inc
1.92%
75,748
$2,737,533,000 0.08%
Block Inc
No change
38,954
$2,512,143,000 0.08%
Service Corp Intl
1.90%
33,825
$2,405,972,000 0.07%
Aramark
1.95%
68,983
$2,346,802,000 0.07%
Henry Schein Inc.
1.96%
36,608
$2,346,573,000 0.07%
Penske Automotive Grp Inc
2.03%
15,683
$2,337,081,000 0.07%
IAC Inc
No change
48,742
$2,283,563,000 0.07%
Gaming Leisure Pptys Inc
2.95%
48,571
$2,195,895,000 0.07%
Transdigm Group Incorporated
No change
1,700
$2,171,937,000 0.07%
Pulte Group Inc
24.94%
18,521
$2,039,162,000 0.06%
Hanover Ins Group Inc
2.01%
15,930
$1,998,259,000 0.06%
Enterprise Prods Partners L
No change
62,042
$1,797,977,000 0.05%
Chart Inds Inc
51.00%
29,607
$1,685,823,000 0.05%
Middleby Corp.
55.35%
13,587
$1,665,902,000 0.05%
Epr Pptys
No change
59,500
$1,636,250,000 0.05%
Bank Ozk Little Rock Ark
1.91%
39,535
$1,620,935,000 0.05%
Constellation Brands, Inc.
No change
6,100
$1,569,408,000 0.05%
Electronic Arts, Inc.
No change
11,200
$1,560,496,000 0.05%
Douglas Emmett Inc
2.61%
108,708
$1,446,903,000 0.04%
Albemarle Corp.
200.00%
30,000
$1,372,500,000 0.04%
J P Morgan Exchange Traded F
Closed
25,475
$1,346,863,000
Procter And Gamble Co
8.14%
7,973
$1,314,948,000 0.04%
Nike, Inc.
2.80%
17,340
$1,306,916,000 0.04%
Apollo Global Mgmt Inc
20.15%
19,820
$1,302,174,000 0.04%
Nxp Semiconductors N V
No change
4,620
$1,243,196,000 0.04%
Match Group Inc.
13.95%
38,602
$1,172,729,000 0.04%
Philip Morris International Inc
No change
10,625
$1,076,631,000 0.03%
Disney Walt Co
1.43%
10,330
$1,025,666,000 0.03%
R1 RCM Inc.
2.10%
77,838
$977,645,000 0.03%
Ge Vernova Inc
Opened
5,678
$973,834,000 0.03%
Air Prods Chems Inc
No change
3,435
$886,402,000 0.03%
United Parcel Service, Inc.
Opened
5,880
$804,678,000 0.02%
Verizon Communications Inc
No change
14,763
$608,826,000 0.02%
Goldman Sachs Group, Inc.
No change
1,296
$586,207,000 0.02%
Spdr Sp 500 Etf Tr
No change
1,000
$544,220,000 0.02%
Northern Tr Corp
No change
6,000
$503,880,000 0.02%
Jacobs Solutions Inc
10.84%
3,423
$478,227,000 0.01%
Robinhood Mkts Inc
No change
20,000
$454,200,000 0.01%
NICE Ltd
Opened
2,615
$449,702,000 0.01%
Taiwan Semiconductor Mfg Ltd
28.42%
2,526
$439,044,000 0.01%
RBC Bearings Inc.
62.00%
3,539
$430,165,000 0.01%
Select Sector Spdr Tr
5.82%
4,543
$414,094,000 0.01%
Merck Co Inc
1.14%
2,936
$363,526,000 0.01%
Alibaba Group Hldg Ltd
No change
4,745
$341,640,000 0.01%
Albemarle Corp.
Opened
3,500
$334,320,000 0.01%
International Business Machs
8.61%
1,892
$327,221,000 0.01%
American Tower Corp.
0.93%
1,600
$311,008,000 0.01%
Uber Technologies Inc
Opened
4,000
$290,720,000 0.01%
Spdr Gold Tr
Opened
1,346
$289,403,000 0.01%
Five9 Inc
18.18%
6,500
$286,650,000 0.01%
Microstrategy Inc.
Opened
200
$275,496,000 0.01%
Unitedhealth Group Inc
Closed
533
$263,675,000
Conmed Corp.
49.02%
3,800
$263,416,000 0.01%
Avis Budget Group Inc
Closed
2,050
$251,043,000
Cleveland-Cliffs Inc
60.00%
16,000
$246,240,000 0.01%
Fg Annuities Life Inc
11.83%
6,409
$243,862,000 0.01%
Palo Alto Networks Inc
Closed
850
$241,510,000
Exxon Mobil Corp.
5.33%
2,056
$236,687,000 0.01%
Freeport-McMoRan Inc
Opened
4,500
$218,700,000 0.01%
JD.com Inc
No change
8,450
$218,348,000 0.01%
Martin Marietta Matls Inc
Opened
400
$216,720,000 0.01%
BILL Holdings Inc
23.08%
4,000
$210,480,000 0.01%
Toll Brothers Inc.
Opened
1,750
$201,565,000 0.01%
Eventbrite Inc
No change
33,000
$159,720,000 0.00%
Infinera Corp.
38.00%
24,800
$151,032,000 0.00%
Fastly Inc
Opened
14,000
$103,180,000 0.00%
Ribbon Communications Inc
20.00%
30,000
$98,700,000 0.00%
AMC Networks Inc
Opened
10,000
$96,600,000 0.00%
SoFi Technologies, Inc.
Opened
14,500
$95,845,000 0.00%
Cardlytics Inc
Opened
10,480
$86,041,000 0.00%
Vimeo Inc
0.54%
18,312
$68,304,000 0.00%
Accolade, Inc.
Opened
14,561
$52,128,000 0.00%
Chegg Inc
40.00%
14,000
$44,240,000 0.00%
Luxurban Hotels Inc
No change
65,138
$15,262,000 0.00%
No transactions found
Showing first 500 out of 231 holdings