Trustco Bank Corp N Y is an investment fund managing more than $94 billion ran by Thomas Alteio. There are currently 69 companies in Mr. Alteio’s portfolio. The largest investments include Applied Materials and Microsoft, together worth $13 billion.
As of 6th August 2024, Trustco Bank Corp N Y’s top holding is 29,012 shares of Applied Materials currently worth over $6.85 billion and making up 7.3% of the portfolio value.
Relative to the number of outstanding shares of Applied Materials, Trustco Bank Corp N Y owns more than approximately 0.1% of the company.
In addition, the fund holds 13,716 shares of Microsoft worth $6.13 billion, whose value grew 0.1% in the past six months.
The third-largest holding is Apple Inc worth $5.53 billion and the next is Jp Morgan Chase & Co worth $4.63 billion, with 22,867 shares owned.
Currently, Trustco Bank Corp N Y's portfolio is worth at least $94 billion. 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.
The Trustco Bank Corp N Y office and employees reside in Albany, New York. According to the last 13-F report filed with the SEC, Thomas Alteio serves as the INVESTMENT OFFICER at Trustco Bank Corp N Y.
In the most recent 13F filing, Trustco Bank Corp N Y revealed that it had opened a new position in
Ge Vernova Inc and bought 6,942 shares worth $1.19 billion.
The investment fund also strengthened its position in Microsoft by buying
175 additional shares.
This makes their stake in Microsoft total 13,716 shares worth $6.13 billion.
Microsoft dropped approximately 0.1% in the past year.
On the other hand, there are companies that Trustco Bank Corp N Y is getting rid of from its portfolio.
Trustco Bank Corp N Y closed its position in Exelon on 13th August 2024.
It sold the previously owned 6,353 shares for $239 million.
Thomas Alteio also disclosed a decreased stake in Applied Materials by approximately 0.1%.
This leaves the value of the investment at $6.85 billion and 29,012 shares.
The two most similar investment funds to Trustco Bank Corp N Y are Fsa Advisors and Spartan Planning & Wealth Management. They manage $94.1 billion and $93.8 billion respectively.
Trustco Bank Corp N Y’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 20.0% of
the total portfolio value.
The fund focuses on investments in the United States as
71.0% 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
71% of the total holdings value.
On the other hand, small-cap stocks make up only 2.9% of the portfolio.
The average market cap of the portfolio companies is close to $254 billion.
These positions were updated on August 13th 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 |
|---|---|---|---|
| Applied Materials Inc. |
5.32%
29,012
|
$6,846,546,000 | 7.28% |
| Microsoft Corporation |
1.29%
13,716
|
$6,130,369,000 | 6.52% |
| Apple Inc |
0.98%
26,241
|
$5,526,666,000 | 5.88% |
| Jp Morgan Chase & Co |
1.80%
22,867
|
$4,625,080,000 | 4.92% |
| GE Aerospace |
0.29%
28,148
|
$4,474,691,000 | 4.76% |
| Exxon Mobil Corp. |
4.17%
31,949
|
$3,677,970,000 | 3.91% |
| Abbvie Inc Sr Nt |
0.19%
19,405
|
$3,328,345,000 | 3.54% |
| Trustco Bank Corp Ny |
0.00%
112,320
|
$3,231,445,000 | 3.44% |
| Johnson & Johnson |
0.33%
20,816
|
$3,042,467,000 | 3.24% |
| Procter & Gamble Co. |
0.76%
17,334
|
$2,858,723,000 | 3.04% |
| Coca-Cola Co |
0.32%
44,813
|
$2,852,352,000 | 3.03% |
| Pepsico Inc |
2.87%
15,417
|
$2,542,732,000 | 2.70% |
| Chevron Corp. |
5.13%
15,810
|
$2,473,005,000 | 2.63% |
| American Express Co. |
3.19%
9,694
|
$2,244,651,000 | 2.39% |
| Abbott Laboratories |
0.38%
20,644
|
$2,145,125,000 | 2.28% |
| Eli Lilly & Co |
3.71%
1,819
|
$1,646,887,000 | 1.75% |
| Mcdonalds Corp |
0.16%
6,336
|
$1,614,665,000 | 1.72% |
| Walmart Inc |
0.65%
23,178
|
$1,569,386,000 | 1.67% |
| Disney Walt Co |
1.31%
15,013
|
$1,490,646,000 | 1.59% |
| Intel Corp. |
6.84%
42,034
|
$1,301,798,000 | 1.38% |
| Lowes Companies Inc |
3.59%
5,903
|
$1,301,377,000 | 1.38% |
| Oracle Corp. |
8.97%
9,129
|
$1,289,014,000 | 1.37% |
| Texas Instruments Inc. |
0.45%
6,610
|
$1,285,845,000 | 1.37% |
| Merck & Co Inc |
0.38%
10,332
|
$1,279,101,000 | 1.36% |
| RTX Corp |
3.98%
12,532
|
$1,258,092,000 | 1.34% |
| Colgate-Palmolive Co. |
4.73%
12,358
|
$1,199,221,000 | 1.28% |
| Ge Vernova Inc |
Opened
6,942
|
$1,190,630,000 | 1.27% |
| The Southern Co. |
6.53%
13,757
|
$1,067,134,000 | 1.14% |
| International Business Machs |
No change
6,154
|
$1,064,337,000 | 1.13% |
| Cisco Systems, Inc. |
7.16%
20,740
|
$985,360,000 | 1.05% |
| General Mills, Inc. |
4.93%
15,474
|
$978,886,000 | 1.04% |
| Emerson Electric Co. |
1.82%
8,391
|
$924,353,000 | 0.98% |
| Home Depot, Inc. |
43.43%
2,642
|
$909,482,000 | 0.97% |
| Target Corp |
3.35%
5,764
|
$853,302,000 | 0.91% |
| Nike, Inc. |
9.72%
11,043
|
$832,312,000 | 0.89% |
| Automatic Data Processing Inc. |
No change
3,176
|
$758,079,000 | 0.81% |
| Invesco Qqq Tr |
25.24%
1,568
|
$751,244,000 | 0.80% |
| Berkshire Hathaway Inc. |
No change
1,577
|
$641,525,000 | 0.68% |
| Ge Healthcare Technologies Inc |
9.42%
8,208
|
$639,568,000 | 0.68% |
| Masco Corp. |
No change
9,525
|
$635,033,000 | 0.68% |
| Alphabet Inc |
No change
3,445
|
$631,882,000 | 0.67% |
| Verizon Communications Inc |
15.98%
15,217
|
$627,550,000 | 0.67% |
| Pfizer Inc. |
18.77%
19,793
|
$553,809,000 | 0.59% |
| Medtronic Plc |
20.65%
6,918
|
$544,519,000 | 0.58% |
| Philip Morris International Inc |
2.05%
4,784
|
$484,763,000 | 0.52% |
| Lockheed Martin Corp. |
No change
1,032
|
$482,048,000 | 0.51% |
| Norfolk Southern Corp. |
No change
2,134
|
$458,150,000 | 0.49% |
| Ecolab, Inc. |
No change
1,760
|
$418,880,000 | 0.45% |
| Caterpillar Inc. |
No change
1,231
|
$410,046,000 | 0.44% |
| United Parcel Service, Inc. |
15.83%
2,892
|
$395,772,000 | 0.42% |
| 3M Co. |
3.78%
3,823
|
$390,675,000 | 0.42% |
| AT&T Inc. |
22.93%
19,790
|
$378,187,000 | 0.40% |
| Johnson Ctls Intl Plc Shs |
No change
5,536
|
$367,975,000 | 0.39% |
| State Street Corp. |
16.07%
4,806
|
$355,644,000 | 0.38% |
| Ishares Core S&p Mid-cap (mkt) |
0.02%
5,604
|
$327,945,000 | 0.35% |
| Vanguard Emerging Markets Stock |
32.94%
7,312
|
$319,973,000 | 0.34% |
| Bristol-Myers Squibb Co. |
2.62%
7,573
|
$314,509,000 | 0.33% |
| Meta Platforms Inc |
No change
609
|
$307,071,000 | 0.33% |
| CVS Health Corp |
No change
5,090
|
$300,617,000 | 0.32% |
| Allstate Corp (The) |
No change
1,776
|
$283,556,000 | 0.30% |
| DuPont de Nemours Inc |
6.87%
3,498
|
$281,555,000 | 0.30% |
| Jacobs Solutions Inc |
9.55%
1,895
|
$264,750,000 | 0.28% |
| Altria Group Inc. |
1.94%
5,673
|
$258,405,000 | 0.27% |
| iShares 3-7 Year Treasury Bond ETF |
No change
2,140
|
$247,106,000 | 0.26% |
| Exelon Corp. |
Closed
6,353
|
$238,682,000 | |
| Dow Inc |
7.12%
4,477
|
$237,503,000 | 0.25% |
| Vanguard Mid-cap Etf (mkt) |
0.10%
954
|
$230,965,000 | 0.25% |
| Fidelity Msci Consumer |
Opened
2,800
|
$226,828,000 | 0.24% |
| Ishares Msci Eafe (mkt) |
Closed
2,803
|
$223,847,000 | |
| CME Group Inc |
10.29%
1,133
|
$222,748,000 | 0.24% |
| Yum! Brands Inc |
No change
1,669
|
$221,075,000 | 0.24% |
| Comcast Corp |
Closed
4,900
|
$212,416,000 | |
| NVIDIA Corp |
Closed
234
|
$211,433,000 | |
| Mastercard Incorporated |
Closed
418
|
$201,296,000 | |
| No transactions found | |||
| Showing first 500 out of 74 holdings | |||