Institutional Manager · CIK 0001434323
Palisade Asset Management, LLC
MINNEAPOLIS, MN · File #028-13058
Latest AUM
$1.03B
Positions
194
Top-10 Concentration
40.5%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | LILLY ELI & CO | LLY | -4,162 | -$4.5M | +$5.9M |
| EXITED | ASSOCIATED BANC CORP | 045487105 | -102,070 | -$2.6M | $0 |
| REDUCE | Apple Inc | AAPL | -9,055 | -$2.5M | +$3.6M |
| REDUCE | BECTON DICKINSON & CO | BDX | -10,268 | -$2.0M | +$355,875 |
| REDUCE | Microsoft Corp | MSFT | -3,916 | -$1.9M | -$4.5M |
| REDUCE | AMERICAN TOWER CORP NEW | 03027X100 | -10,482 | -$1.8M | -$796,429 |
| REDUCE | Verizon Communications Inc | VZ | -35,845 | -$1.5M | -$256,680 |
| REDUCE | HERSHEY CO | HSY | -7,612 | -$1.4M | -$280,435 |
| REDUCE | ABBOTT LABS | ABLZF | -10,780 | -$1.4M | -$1.9M |
| REDUCE | DOMINION ENERGY INC | D | -22,353 | -$1.3M | -$67,487 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025194 pos · $1.03B
- 13F HOLDINGS REPORTQ/E Sep 2025701 pos · $1.08B
- 13F HOLDINGS REPORTQ/E Jun 2025193 pos · $1.01B
- 13F HOLDINGS REPORTQ/E Mar 2025193 pos · $973.6M
- 13F HOLDINGS REPORTQ/E Dec 2024193 pos · $985.6M
- 13F HOLDINGS REPORTQ/E Sep 2024197 pos · $1.02B
- 13F HOLDINGS REPORTQ/E Jun 2024191 pos · $967.1M
- 13F HOLDINGS REPORTQ/E Mar 2024407 pos · $1.03B
- 13F HOLDINGS REPORTQ/E Dec 2023179 pos · $822.6M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | Microsoft Corp | MSFT | 128,188 | $62.0M | 7.50% |
| 2 | Apple Inc | AAPL | 200,245 | $54.4M | 6.59% |
| 3 | Oracle Corp | ORCL-PD | 174,816 | $34.1M | 4.12% |
| 4 | INTERNATIONAL BUSINESS MACHS | INTR | 100,077 | $29.6M | 3.59% |
| 5 | CISCO SYS INC | CSCO | 356,997 | $27.5M | 3.33% |
| 6 | SPDR S&P 500 ETF TR | SPY | 38,902 | $26.5M | 3.21% |
| 7 | UnitedHealth Group Inc | UNH | 80,053 | $26.4M | 3.20% |
| 8 | ABBOTT LABS | ABLZF | 203,979 | $25.6M | 3.09% |
| 9 | JPMorgan Chase & Co | VYLD | 75,437 | $24.3M | 2.94% |
| 10 | Amgen Inc | AMGN | 73,946 | $24.2M | 2.93% |
| 11 | HOME DEPOT INC | HD | 68,165 | $23.5M | 2.84% |
| 12 | Johnson & Johnson | JNJ | 103,211 | $21.4M | 2.59% |
| 13 | Ecolab Inc | ECL | 76,854 | $20.2M | 2.44% |
| 14 | Deere & Co | DE | 37,084 | $17.3M | 2.09% |
| 15 | PepsiCo Inc | PEP | 114,493 | $16.4M | 1.99% |
| 16 | AUTOMATIC DATA PROCESSING IN | ADP | 61,987 | $15.9M | 1.93% |
| 17 | LILLY ELI & CO | LLY | 14,727 | $15.8M | 1.92% |
| 18 | TJX COS INC NEW | 872540109 | 102,517 | $15.7M | 1.91% |
| 19 | PROCTER AND GAMBLE CO | 742718109 | 109,785 | $15.7M | 1.90% |
| 20 | MCDONALDS CORP | MCD | 51,454 | $15.7M | 1.90% |