PARSONS CAPITAL MANAGEMENT INC/RI

Other Low signal CIK 1018674
League rank
#1221
in Other · #4673 overall
Long book
$2.19B
Q1 2026
Positions
488
Top-10 weight
33%
concentration
Last quarter
+10.6%
SPY +14.8%
Turnover
10%
of book per quarter

Strategy in plain words

auto-generated from filings

PARSONS CAPITAL MANAGEMENT INC/RI is an institutional manager, running a $2.19B US long book across 488 positions.

The portfolio is moderately concentrated (top 10 ≈ 33% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: APPLE INC, MICROSOFT CORP, 3M CO, JPMORGAN CHASE & CO, BERKSHIRE HATHAWAY INC-CL B.

Over the last 9 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.6%
Q2 2024
+8.5%
Q3 2024
+0.1%
Q4 2024
-1.1%
Q1 2025
+6.0%
Q2 2025
+8.0%
Q3 2025
+3.1%
Q4 2025
-2.0%
Q1 2026
+10.6%

Sector allocation

Technology
33%
Financials
16%
Healthcare
13%
Industrials
10%
Consumer discretionary
8%
Energy
6%
Utilities
6%
Services media
3%

Long book by quarter

$1.46B
Q1 2024
$1.47B
Q2 2024
$1.58B
Q3 2024
$1.84B
Q4 2024
$1.83B
Q1 2025
$1.63B
Q2 2025
$1.76B
Q3 2025
$1.82B
Q4 2025
$2.19B
Q1 2026

What does PARSONS CAPITAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology737.6K$187.2M8.6%+28.4%
MSFT MICROSOFT CORPTechnology199.8K$74.0M3.4%+53.7%
MMM 3M COHealthcare506.2K$73.5M3.4%+0.4%
JPM JPMORGAN CHASE & COFinancials247.6K$72.8M3.3%+78.6%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials142.0K$68.0M3.1%+9.5%
AMZN AMAZON.COM INCConsumer discretionary286.5K$59.7M2.7%+28.9%
GOOGL ALPHABET INC-CL ATechnology189.4K$54.5M2.5%+33.8%
NVDA NVIDIA CORPTechnology278.8K$48.6M2.2%+102.7%
XOM EXXON MOBIL CORPEnergy267.6K$45.4M2.1%+2.6%
NEE NEXTERA ENERGY INCUtilities341.1K$31.7M1.4%+304.2%
LLY ELI LILLY & COHealthcare30.0K$27.6M1.3%+23.7%
CAT CATERPILLAR INCIndustrials37.7K$26.7M1.2%-2.0%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials36$25.9M1.2%Held
GOOG ALPHABET INC-CL CTechnology88.5K$25.4M1.2%+73.1%
IBM INTL BUSINESS MACHINES CORPTechnology102.2K$24.8M1.1%+2.7%
ABBV ABBVIE INCHealthcare110.0K$23.9M1.1%+28.1%
JNJ JOHNSON & JOHNSONHealthcare97.7K$23.9M1.1%+2.1%
RTX RTX CORPIndustrials122.7K$23.7M1.1%+148.4%
CVX CHEVRON CORPEnergy105.0K$21.7M1.0%+19.8%
EMR EMERSON ELECTRIC COIndustrials165.1K$21.6M1.0%+394.5%
HD HOME DEPOT INCConsumer discretionary52.4K$17.2M0.8%+17.0%
AVGO BROADCOM INCTechnology52.7K$16.3M0.7%-14.0%
ET ENERGY TRANSFER LPUtilities841.1K$16.2M0.7%+3.1%
ORCL ORACLE CORPTechnology104.6K$15.4M0.7%-3.3%
CSCO CISCO SYSTEMS INCTechnology197.5K$15.3M0.7%+74.8%
V VISA INC-CLASS A SHARESServices media50.7K$15.3M0.7%+29.7%
PG PROCTER & GAMBLE CO/THEOther95.4K$13.8M0.6%+5.5%
TMO THERMO FISHER SCIENTIFIC INCOther27.7K$13.6M0.6%+29.4%
HON HONEYWELL INTERNATIONAL INCIndustrials60.1K$13.6M0.6%+8.7%
EPD ENTERPRISE PRODUCTS PARTNERSUtilities347.8K$13.2M0.6%+0.5%
BX BLACKSTONE INCFinancials105.0K$12.1M0.6%+2.2%
TJX TJX COMPANIES INCConsumer discretionary74.4K$11.9M0.5%+38.2%
NOC NORTHROP GRUMMAN CORPTechnology16.2K$11.1M0.5%+1237.2%
BAC BANK OF AMERICA CORPFinancials221.7K$10.8M0.5%+77.4%
MRK MERCK & CO. INC.Healthcare87.1K$10.5M0.5%+4.2%
COST COSTCO WHOLESALE CORPConsumer discretionary9.9K$9.9M0.5%+0.9%
WEC WEC ENERGY GROUP INCUtilities81.0K$9.4M0.4%+720.7%
BLK BLACKROCK INCFinancials9.7K$9.4M0.4%+14.5%
KO COCA-COLA CO/THEConsumer staples122.3K$9.3M0.4%+414.6%
META META PLATFORMS INC-CLASS ATechnology15.1K$8.6M0.4%+35.5%
ABT ABBOTT LABORATORIESHealthcare82.7K$8.5M0.4%+32.8%
CMI CUMMINS INCIndustrials15.4K$8.3M0.4%-1.1%
EQX EQUINOX GOLD CORPMaterials570.2K$8.2M0.4%+6.8%
SOLV SOLVENTUM CORPHealthcare125.2K$8.2M0.4%+0.1%
ETN EATON CORP PLCIndustrials22.4K$8.0M0.4%+63.3%
AMGN AMGEN INCHealthcare22.6K$8.0M0.4%+5.7%
DHR DANAHER CORPTechnology40.9K$7.8M0.4%+58.1%
DUK DUKE ENERGY CORPUtilities57.8K$7.6M0.3%+586.1%
EWBC EAST WEST BANCORP INCFinancials70.7K$7.6M0.3%+130.8%
GS GOLDMAN SACHS GROUP INCFinancials8.5K$7.2M0.3%+14.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 15, 2026489$2.19B canonicalSEC ↗
Q4 202513F-HRJan 13, 2026462$1.82B canonicalSEC ↗
Q3 202513F-HROct 29, 2025459$1.76B canonicalSEC ↗
Q2 202513F-HRJul 18, 2025439$1.63B canonicalSEC ↗
Q1 202513F-HRApr 15, 2025433$1.83B canonicalSEC ↗
Q4 202413F-HRJan 22, 2025442$1.84B canonicalSEC ↗
Q3 202413F-HRNov 4, 2024446$1.58B canonicalSEC ↗
Q2 202413F-HRJul 19, 2024441$1.47B canonicalSEC ↗
Q1 202413F-HRApr 22, 2024439$1.46B canonicalSEC ↗