Live Markets
Wednesday, July 29, 2026·George Town, KY·29°·Partly Cloudy
Markets Open · NYSE·Newsletter·Masthead·
VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F HOLDINGS REPORT

Azimuth Capital Investment Management LLC

Quarter ended Q3 2023 · Filed August 14, 2023 · Accession 0001942364-23-000003

Total Value
$2.10B
Positions
306
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (306)

#IssuerTicker / CUSIPSharesValue% of Filing
1Apple Computer IncAAPL351,004$68.1M3.24%
2Microsoft CorpMSFT173,791$59.2M2.82%
3Pepsico IncPEP253,677$47.0M2.24%
4Broadcom IncAVGO39,915$34.6M1.65%
5NVIDIA CorpNVDA79,282$33.5M1.60%
6Visa Inc Cl AV123,432$29.3M1.39%
7Stryker CorpSYK92,884$28.3M1.35%
8Alphabet Inc Cl AGOOG229,455$27.5M1.31%
9Schlumberger LtdSLB552,777$27.2M1.29%
10Johnson & JohnsonJNJ161,588$26.7M1.27%
11Merck & Co IncMRK229,911$26.5M1.26%
12Eli Lilly & CoLLY53,870$25.3M1.20%
13Linde PLC FLIN64,743$24.7M1.17%
14Chubb LtdCB126,101$24.3M1.16%
15Exxon Mobil CorpXOM223,158$23.9M1.14%
16Palo Alto NetworksPANW92,758$23.7M1.13%
17Mastercard Inc-AMA58,215$22.9M1.09%
18Starbucks CorpSBUX229,672$22.8M1.08%
19Booz Allen Hamilton Cl ABAH201,197$22.5M1.07%
20Axon Enterprise IncAXON113,057$22.1M1.05%
21United Health GroupUNH44,511$21.4M1.02%
22Republic Services760759100129,026$19.8M0.94%
23JP Morgan Chase & CoVYLD135,024$19.6M0.93%
24Mondelez Int'l Inc609207105260,645$19.0M0.90%
25Pfizer IncPFE516,786$19.0M0.90%
26CDW CorpCDW102,604$18.8M0.90%
27Marsh & McLennan57174810299,772$18.8M0.89%
28Walmart IncWMT119,094$18.7M0.89%
29Meta PlatformsMETA64,981$18.6M0.89%
30Costco WholesaleCOST34,173$18.4M0.88%
31IBMINTR136,906$18.3M0.87%
32Intuitive Surgical IncISRG52,881$18.1M0.86%
33ServiceNow, IncNOW30,863$17.3M0.83%
34General DynamicsGD80,132$17.2M0.82%
35Martin Marietta Materials57328410636,391$16.8M0.80%
36The Trade Desk Inc Cl A88339j105214,877$16.6M0.79%
37Zoetis IncZTS95,939$16.5M0.79%
38Graco IncGGG188,097$16.2M0.77%
39Reins Grp of America759351604116,044$16.1M0.77%
40Home Depot IncHD49,945$15.5M0.74%
41IDEXX Laboratories Inc45168d10430,564$15.4M0.73%
42Vertex Pharmaceuticals92532f10043,129$15.2M0.72%
43Constellation Brands Inc Cl ASTZ61,280$15.1M0.72%
44Fastenal CoFAST254,946$15.0M0.72%
45Salesforce.comCRM69,953$14.8M0.70%
46Xylem IncXYL128,670$14.5M0.69%
47ResMed IncRSMDF65,455$14.3M0.68%
48Boeing CoBA-PA67,592$14.3M0.68%
49Monolithic Power Sys Inc60983910526,044$14.1M0.67%
50Thermo Fisher Sci IncTMO25,794$13.5M0.64%
51Nike IncNKE119,868$13.2M0.63%
52Agilent TechnologiesA105,679$12.7M0.60%
53Chevron CorpCVX80,432$12.7M0.60%
54West Pharmaceutical Services95530610533,024$12.6M0.60%
55Cisco Systems IncCSCO242,135$12.5M0.60%
56Amazon.com IncAMZN94,163$12.3M0.58%
57Procter & Gamble Co74271810979,762$12.1M0.58%
58AbbVie IncABBV88,389$11.9M0.57%
59Enphase Energy IncENPH69,149$11.6M0.55%
60Globant SAGLOB64,134$11.5M0.55%
61Japan Index (ETF)46434g822179,262$11.1M0.53%
62Walt Disney Co254687106121,336$10.8M0.52%
63Fleetcor Technologies33904110543,132$10.8M0.52%
64MTU Aero Engines AG62473g10283,501$10.8M0.51%
65MercadoLibre IncMELI9,028$10.7M0.51%
66McDonald's CorpMCD35,202$10.5M0.50%
67Accenture LTD Cl AACN32,399$10.0M0.48%
68Gilead Sciences IncGILD128,205$9.9M0.47%
69Workday Inc Cl AWDAY42,805$9.7M0.46%
70WNS Holdings Ltd-ADR92932M101131,067$9.7M0.46%
71Intuit IncINTU20,962$9.6M0.46%
72Amphenol Corp Cl A032095101109,867$9.3M0.44%
73Automatic Data ProcADP41,727$9.2M0.44%
74Rockwell AutomationROK27,628$9.1M0.43%
75Clorox CoCLX57,142$9.1M0.43%
76Penumbra IncPEN25,509$8.8M0.42%
77Edwards LifesciencesEW92,582$8.7M0.42%
78Texas Instruments88250810448,069$8.7M0.41%
79Lululemon Athletica IncLULU22,823$8.6M0.41%
80Weyerhaeuser CoWY255,653$8.6M0.41%
81ASML Holdings NV NY Reg SharesASMLF11,813$8.6M0.41%
82CoStar Group IncCSGP95,987$8.5M0.41%
83Walgreens Boots Alliance Inc931427108299,165$8.5M0.41%
84Taiwan Semiconductor87403910084,340$8.5M0.41%
85iShares MSCI EU Financial464289180441,552$8.5M0.40%
86Ross StoresROST75,022$8.4M0.40%
87Bristol-Myers SquibbCELG-RI129,122$8.3M0.39%
88Comcast Corp Cl ACCZ198,245$8.2M0.39%
89Icon PLCICLR32,717$8.2M0.39%
90Capgemini13961r100215,467$8.2M0.39%
91Tyler Technologies IncTYL19,524$8.1M0.39%
92Intel CorpINTC236,462$7.9M0.38%
93HDFC Bank Ltd ADRHDB112,893$7.9M0.37%
94Chipotle Mexican GrillCMG3,666$7.8M0.37%
95Verizon Comm IncVZ210,722$7.8M0.37%
96Vanguard US Tot Mkt ETF92290876935,536$7.8M0.37%
97Bank of NY Mellon064058100175,532$7.8M0.37%
98Coca-Cola CoKO127,602$7.7M0.37%
99BlackRock, IncBLK11,114$7.7M0.37%
100Union Pacific CorpUNP37,481$7.7M0.36%
101Kimberly-Clark CorpKMB55,312$7.6M0.36%
102Magna Int'l Cl A559222401134,322$7.6M0.36%
103Veeva Systems IncVEEV38,281$7.6M0.36%
104Sherwin WilliamsSHW28,313$7.5M0.36%
105CVS Health CorpCVS108,174$7.5M0.36%
106Abbott LabsABLZF68,444$7.5M0.36%
107WisdomTree Europe Hedged Eq FuWT90,990$7.4M0.35%
108WEC Energy Group IncWEC83,140$7.3M0.35%
109NICE Systems LtdNCSYF35,355$7.3M0.35%
110Estee Lauder Cl A51843910436,944$7.3M0.35%
111Lonza Group AG54338v101121,542$7.2M0.34%
112Lockheed MartinLMT15,631$7.2M0.34%
113Emerson Electric CoEMR79,455$7.2M0.34%
114Dexcom IncDXCM55,633$7.1M0.34%
115MSCI IncMSCI15,089$7.1M0.34%
116Corteva IncCTVA123,120$7.1M0.34%
117Raytheon Technologies CoRTX70,546$6.9M0.33%
118Dow IncDOW124,304$6.6M0.32%
119Terreno Realty CorpTRNO109,110$6.6M0.31%
120Berkshire Hathaway Cl BBRK-A18,939$6.5M0.31%
121Bank of America060505104224,144$6.4M0.31%
122Cogent Communications Hldgs InCCOI90,085$6.1M0.29%
123Newmont CorpNEMCL139,280$5.9M0.28%
124Iron Mountain IncIRM104,490$5.9M0.28%
125Target CorpTGT44,411$5.9M0.28%
126PayPal Holdings IncPYPL87,350$5.8M0.28%
127Ecolab IncECL31,172$5.8M0.28%
128Garmin LtdGRMN55,461$5.8M0.28%
129Euronet Worldwide IncEEFT45,527$5.3M0.25%
130Kraft Heinz CoKHC148,912$5.3M0.25%
131Amgen IncAMGN23,440$5.2M0.25%
132iShares MSCI Emerging Mkts464287234131,301$5.2M0.25%
133Global Pmts IncGPN52,608$5.2M0.25%
134Shell PLC Fun Spon ADRRYDAF85,074$5.1M0.24%
135Kinder Morgan IncEP-PC294,049$5.1M0.24%
136Honeywell Int'l Inc43851610624,253$5.0M0.24%
137TJX Companies87254010959,089$5.0M0.24%
138VF CorpVFC260,705$5.0M0.24%
139Experian PLC30215c101127,492$4.9M0.23%
140Welltower IncWELL59,924$4.8M0.23%
141Realty Income CorpO80,655$4.8M0.23%
142MSC Industrial Direct Co-A55353010649,398$4.7M0.22%
143Grupo Aeroportuario Cen-ADR40050110254,725$4.6M0.22%
144AstraZeneca PLCAZN63,820$4.6M0.22%
145AT&T IncT-PC282,279$4.5M0.21%
146Dassault Systems SA237545108101,233$4.5M0.21%
147Canadian Nat'l Railway13637510236,512$4.4M0.21%
148Whirlpool CorpWHR-PA29,200$4.3M0.21%
149ProShares S&P 500 Div Aristocr74348a46746,025$4.3M0.21%
1503M CoMMM41,812$4.2M0.20%
151Nestle SA ADR64106940634,231$4.1M0.20%
152United Parcel ServiceUPS22,964$4.1M0.20%
153Vanguard S&P 500 ETF92290836310,079$4.1M0.20%
154Toronto-Dominion BankTORO65,848$4.1M0.19%
155Colgate-Palmolive CoCL52,940$4.1M0.19%
156DBS Group23304y10043,510$4.1M0.19%
157Atlassian Corp PLCTEAM23,878$4.0M0.19%
158Applied Materials Inc03822210526,745$3.9M0.18%
159Vanguard Total Bond Market ETF92193783552,645$3.8M0.18%
160Check Point SoftwareCHKP30,388$3.8M0.18%
161Paychex IncPAYX34,056$3.8M0.18%
162Diageo PLC ADRDGEAF21,926$3.8M0.18%
163TELUS CorpTU192,717$3.8M0.18%
164Air Products & ChemAIIR12,500$3.7M0.18%
165Bank of Montreal06367110139,970$3.6M0.17%
166Aflac IncAFL51,500$3.6M0.17%
167The Toro CoTORO33,820$3.4M0.16%
168Techtronic INDS LTD SP ADR87873r10161,193$3.3M0.16%
169Duke Energy CorpDUKB35,497$3.2M0.15%
170Brookfield Asset Mgmt Cl A11300410597,449$3.2M0.15%
171Caterpillar IncCAT12,865$3.2M0.15%
172American ExpressAXP17,485$3.0M0.14%
173Gentex CorpGNTX91,350$2.7M0.13%
174Valero Energy CorpVLO22,695$2.7M0.13%
175Cardinal HealthCAH27,873$2.6M0.13%
176Vanguard Total Intl Stk ETF92190976846,255$2.6M0.12%
177Oracle CorpORCL-PD21,655$2.6M0.12%
178Ford Motor Co345370860164,056$2.5M0.12%
179ConocoPhillipsCOP23,878$2.5M0.12%
180Neogen CorpNEOG112,132$2.4M0.12%
181Endava PlcDAVA46,250$2.4M0.11%
182Public Storage REITPSA-PS8,201$2.4M0.11%
183Deere & CoDE5,735$2.3M0.11%
184BP PLC ADRBPPFF63,883$2.3M0.11%
185Nordson CorporationNDSN8,700$2.2M0.10%
186Travelers Company IncTRV12,427$2.2M0.10%
187iShares S&P MidCap 4004642875077,812$2.0M0.10%
188Progressive Corp74331510315,300$2.0M0.10%
189Ingredion IncINGR17,800$1.9M0.09%
190Pinnacle West Cap CorpPNW23,100$1.9M0.09%
191Microchip TechnologyMCHPP20,645$1.8M0.09%
192iShares-Russell 20004642876559,836$1.8M0.09%
193Southern CoSOMN25,715$1.8M0.09%
194Medtronic PLCMDT20,030$1.8M0.08%
195Hershey CoHSY7,025$1.8M0.08%
196NextEra EnergyNEE-PW23,619$1.8M0.08%
197CME Group IncCME9,318$1.7M0.08%
198Alphabet Inc Cl CGOOG14,205$1.7M0.08%
199iShares MSCI EAFE46428746522,872$1.7M0.08%
200Vanguard Mid-Cap ETF9229086297,380$1.6M0.08%
201Wells Fargo & Co94974610137,600$1.6M0.08%
202Vanguard Small Cap ETF9229087517,907$1.6M0.07%
2031/100 Berkshire CLA 100=1 BRKBRK-A300$1.6M0.07%
204Vanguard Short-Term Corp Bond92206c40919,494$1.5M0.07%
205DTE Energy CoDTK11,908$1.3M0.06%
206Motorola SolutionsMSI4,265$1.3M0.06%
207Eaton Corp PLCETN5,964$1.2M0.06%
208Qualcomm IncQCOM9,692$1.2M0.05%
209Comerica Inc20034010727,163$1.2M0.05%
210Sysco CorpSYY15,420$1.1M0.05%
211iShares S&P PFD Stock Fund46428868733,900$1.0M0.05%
212Intermediate Gov/Credit ETF46428861210,071$1.0M0.05%
213Lowe's Companies5486611074,526$1.0M0.05%
214Illinois Tool Works4523081093,875$969,3700.05%
215iShares S&P 500 Val4642874085,891$949,5700.05%
216Grainger W.W. Inc3848021041,195$942,3650.04%
217DuPont de Nemours IncDD13,188$942,1310.04%
218Dominion Energy IncD18,108$937,8130.04%
219Adobe Systems IncADBE1,871$914,9000.04%
220Genuine Parts CoGPC5,396$913,1650.04%
221General Electric Co3696043018,294$911,0960.04%
222F5 Networks IncFFIV6,082$889,5530.04%
223PPG Industries Inc6935061075,954$882,9780.04%
224Vanguard Short-Term Treas ETF92206c10215,134$873,6860.04%
225iShares Trust S&P 5004642872001,726$769,2950.04%
226FedEx CorpFDX2,918$723,3720.03%
227Blackstone Group IncBX7,450$692,6260.03%
228Yum! Brands IncYUM4,863$673,7690.03%
229iShares-Russell 10004642876222,764$673,6970.03%
230Analog DevicesADI3,447$671,5100.03%
231Allstate CorpALL-PJ5,760$628,0700.03%
232Philip Morris Int'l7181721096,250$610,1250.03%
233RPM Int'l Inc7496851036,598$592,0390.03%
2341-3yr Treasury Bond ETF4642874577,243$587,2620.03%
235iShares S&P 500 Growth4642873098,305$585,3360.03%
236Enbridge IncENNPF15,187$565,1930.03%
237NuVasive IncNU13,366$555,8920.03%
238Avery Dennison CorpAVY3,235$555,7730.03%
239Parker Hannifin CorpPH1,400$546,0560.03%
240Lamb Weston HoldingsLW4,683$538,3110.03%
241Snap-On IncSNA1,791$516,1480.02%
242Marathon Petroleum CorpMPC4,275$498,4650.02%
243Goldman Sachs GrpGSCE1,538$496,0670.02%
244Pentair PlcPNR7,250$468,3500.02%
245iShares S&P Smallcap 600 Value4642878794,894$465,4060.02%
246Huntington BancsharesHBANP42,569$458,8940.02%
247Consolidated EdisonED5,000$452,0000.02%
248Exelon CorpEXC10,956$446,3470.02%
249SPDR S&P 500 ETF TrustSPY986$437,2430.02%
250General Mills Inc3703341045,660$434,1220.02%
251iShares Gold TrustIAU11,862$431,6580.02%
252Cincinnati Financial Corp1720621014,348$423,1470.02%
253J M Smucker Co8326964052,750$406,0920.02%
254Viatris IncVTRS38,538$384,6090.02%
255Donaldson Co IncDCI6,100$381,3110.02%
256Baxter Int'l Inc0718131098,300$378,1480.02%
257Altria Group IncMO8,100$366,9300.02%
258iShares S&P Smallcap 6004642878043,665$365,2170.02%
259Carrier Global CorpCARR7,315$363,6290.02%
260SPDR S&P 600 Small Cap Value E78464a3004,550$351,2140.02%
261PNC Financial6934751052,785$350,7710.02%
262Stanley Black & Decker IncSWK3,725$349,0700.02%
263FortinetFTNT4,615$348,8480.02%
264McCormick & CoMKC-V3,960$345,4310.02%
265Conagra Foods IncCAG10,225$344,7870.02%
266Otis Worldwide CorpOTIS3,741$332,9860.02%
267PIMCO Dynamic Inc Opp Fund69355m10725,000$326,5000.02%
268Vanguard Intermediate-Term Cor92206c8704,090$323,2330.02%
269STERIS PlcSTE1,390$312,7220.01%
270Private Bancorp of Amer74274f10011,548$312,3730.01%
271S&P Global IncSPGI765$306,6810.01%
272iShares iBonds Dec 2024 Corp E46434vbg412,300$302,8260.01%
273Aptiv PLCAPTV2,965$302,6970.01%
274DT Midstream IncDTM6,077$301,2370.01%
275Vanguard High DVD Yield ETF9219464062,798$296,7840.01%
276iShares Broad USD Inv Grade C4642886205,861$293,5770.01%
277Essex Property Trust Inc2971781051,200$281,1600.01%
278SPDR Gold TrustGLD1,560$278,1010.01%
279Brookfield Renewable PartnersG162581088,775$258,7750.01%
280Globus Medical IncGMED4,295$255,7240.01%
281Mercantile Bank Corp5873761049,189$253,8000.01%
282Delta Air Lines IncDAL5,333$253,5310.01%
283Tesla IncTSLA951$248,9430.01%
284Expeditors Int'l of WA3021301092,050$248,3160.01%
285Becton DickinsonBDX923$243,6810.01%
286Danaher Corp235851102969$232,5600.01%
287Waste Management IncWM1,300$225,4460.01%
288iShares-Russell 1000 Growth464287614809$222,6210.01%
289Phillips 66PSX2,299$219,2790.01%
290iShares DJ Select DVD Index4642871681,918$217,2640.01%
291Roper Industries IncROP450$216,3600.01%
292GE Healthcare TechnologiesGEHC2,659$216,0170.01%
293Guggenheim Active AllocationGUG15,000$215,4000.01%
294Flutter Entertainment ADR3440441022,127$213,7810.01%
295CMS Energy CorpCMS-PC3,622$212,7920.01%
296Intercontinental Hotels ADRINTR3,000$211,3500.01%
297BorgWarner IncBWA4,300$210,3130.01%
298Moderna IncMRNA1,708$207,5220.01%
299SPDR Barclays Capital HY78468r6222,233$205,5030.01%
300iShares Short Term Corp Bond E4642886464,000$200,6800.01%
301Rivernorth Flex Mun Inc76883y10712,500$179,7500.01%
302Palantir Tech Inc-APLTR10,600$162,4980.01%
303Western Asset DiversifiedWDI11,250$151,5370.01%
304Pimco Access Income CFPAXS10,000$147,5000.01%
305Wallbridge Mining Co Ltd93239710210,000$1,0500.00%
306Invesco Van Kampen Muni.Op.TrIVZ43,613$00.00%