Granite Investment Advisors, LLC

13F filer, CIK 1464586, CONCORD, NH

Granite Investment Advisors, LLC reported $530,944,000 across 166 holdings for the quarter ended 2019-12-31, in a 13F-HR filed 2020-01-22. Its ten largest share positions make up 26.55% of the portfolio.

Filed 2020-01-22 (acceptance time not in the bulk data set), ingested 2026-10-07 18:54:20 UTC13F-HR 0001464586-20-000002

Period: 2019-12-31
Reported value: $531M
Holdings: 166
Top 10 weight: 26.55%
New: 11
Sold out: 9

Largest buys vs the previous quarter

Security	Shares change	Approx. value
WESTROCK COnew	+130,408	$5.6M
WFCnew	+75,789	$4.08M
GENERAL ELEC COadded	+364,671	$4.07M
BACnew	+93,853	$3.31M
PARAMOUNT GLOBALnew	+70,209	$2.95M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
BNSreduced	-89,129	-$5.04M
LMTreduced	-8,179	-$3.19M
VIACOM INCexited	-130,114	-$3.13M
INTUexited	-8,335	-$2.22M
LHXexited	-10,592	-$2.21M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2019

Share positions as resolved from 13F-HR 0001464586-20-000002, largest first. % of portfolio is the value over $530,943,000, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
AAPLAPPLE INC	88,229	$25.9M	4.88%	-3,538	Timeline
MSFTMICROSOFT CORP	107,965	$17M	3.21%	-2,772	Timeline
BRK-BBERKSHIRE HATHAWAY INC DEL	69,691	$15.8M	2.97%	-1,217	Timeline
WMTWALMART INC	114,213	$13.6M	2.56%	-14,423	Timeline
TJXTJX COS INC NEW	211,773	$12.9M	2.44%	-3,531	Timeline
JNJJOHNSON & JOHNSON	86,241	$12.6M	2.37%	-4,818	Timeline
ABTABBOTT LABORATORIES	132,432	$11.5M	2.17%	-17,548	Timeline
ROYAL DUTCH SHELL PLC SPN A…ROYAL DUTCH SHELL PLC SPN ADR	181,849	$10.9M	2.05%	+677
ALLEGHANY CORP DELALLEGHANY CORP DEL	13,067	$10.4M	1.97%	-264
UNILEVER PLCUNILEVER PLC	180,568	$10.3M	1.94%	-10,555
HONHONEYWELL INTL INC	56,302	$9.96M	1.88%	+9,690	Timeline
UNITED TECHNOLOGIES CORPUNITED TECHNOLOGIES CORP	66,522	$9.96M	1.88%	-1,855
CMCSACOMCAST CORP NEW	211,881	$9.53M	1.79%	-1,889	Timeline
CCITIGROUP INC	116,265	$9.29M	1.75%	-4,910	Timeline
TAT&T INC	233,244	$9.12M	1.72%	-14,310	Timeline
INTCINTEL CORP	149,530	$8.95M	1.69%	-9,257	Timeline
BABOEING CO	27,114	$8.83M	1.66%	+2,453	Timeline
BMYBRISTOL-MYERS SQUIBB CO	126,891	$8.14M	1.53%	+1,433	Timeline
PGRPROGRESSIVE CORP	112,334	$8.13M	1.53%	-5,910	Timeline
DEODIAGEO PLC	47,226	$7.95M	1.5%	-4,942	Timeline
ORCLORACLE CORP	146,301	$7.75M	1.46%	+3,365	Timeline
BDXBECTON DICKINSON & CO	27,464	$7.47M	1.41%	+387	Timeline
FLOTISHARES TR	143,195	$7.29M	1.37%	+4,241	Timeline
ETNEATON CORP PLC	74,526	$7.06M	1.33%	-5,775	Timeline
GMGENERAL MTRS CO	187,355	$6.86M	1.29%	-10,223	Timeline
CECELANESE CORP DEL	53,681	$6.61M	1.24%	-435	Timeline
HUBBHUBBELL INC	40,968	$6.06M	1.14%	-3,615	Timeline
VTIPVANGUARD MALVERN FDS	119,461	$5.89M	1.11%	+2,360	Timeline
UNHUNITEDHEALTH GROUP INC	19,891	$5.85M	1.1%	-277	Timeline
WESTROCK COWESTROCK CO	130,408	$5.6M	1.05%	new
XLKSELECT SECTOR SPDR TR	60,313	$5.53M	1.04%	-364	Timeline
GENERAL ELEC COGENERAL ELEC CO	487,540	$5.44M	1.02%	+364,671
CCLCARNIVAL CORP	106,959	$5.44M	1.02%	-4,805	Timeline
JPMJPMORGAN CHASE & CO	38,818	$5.41M	1.02%	-1,300	Timeline
WALGREENS BOOTS ALLIANCE INCWALGREENS BOOTS ALLIANCE INC	86,256	$5.09M	0.96%	-7,705
COFCAPITAL ONE FINL CORP	48,583	$5M	0.94%	-675	Timeline
BNYBANK OF NY MELLON CORP	91,144	$4.59M	0.86%	-638	Timeline
ACNACCENTURE PLC IRELAND	20,838	$4.39M	0.83%	-2,069	Timeline
VFHVANGUARD WORLD FD	54,885	$4.19M	0.79%	-12	Timeline
MCKMCKESSON CORP	29,661	$4.1M	0.77%	-2,221	Timeline
WFCWELLS FARGO & CO	75,789	$4.08M	0.77%	new	Timeline
XLVSELECT SECTOR SPDR TR	38,933	$3.97M	0.75%	-132	Timeline
AMZNAMAZON COM INC	2,081	$3.85M	0.72%	-120	Timeline
CVXCHEVRON CORPORATION	31,718	$3.82M	0.72%	-355	Timeline
PGPROCTER & GAMBLE CO	29,991	$3.75M	0.71%	-338	Timeline
SYKSTRYKER CORPORATION	17,687	$3.71M	0.7%	-160	Timeline
ADBEADOBE INC	11,106	$3.66M	0.69%	-585	Timeline
MAMASTERCARD INCORPORATED	12,256	$3.66M	0.69%	-85	Timeline
MCDMCDONALDS CORP	18,251	$3.61M	0.68%	-170	Timeline
XLISELECT SECTOR SPDR TR	43,865	$3.57M	0.67%	+193	Timeline
SLBSLB LIMITED	88,726	$3.57M	0.67%	+25,935	Timeline
TSTENARIS S A	157,141	$3.56M	0.67%	-23,059	Timeline
NKENIKE INC	35,104	$3.56M	0.67%	-255	Timeline
CSCOCISCO SYS INC	73,077	$3.5M	0.66%	-1,015	Timeline
XOMEXXON MOBIL CORP	49,082	$3.42M	0.65%	-5,775	Timeline
GOOGLALPHABET INC	2,473	$3.31M	0.62%	+101	Timeline
BACBANK OF AMER CORP	93,853	$3.31M	0.62%	new	Timeline
DISDISNEY WALT CO	22,831	$3.3M	0.62%	-3,557	Timeline
MRKMERCK & CO INC	36,226	$3.29M	0.62%	+26,720	Timeline
SKTTANGER INC	221,157	$3.26M	0.61%	-29,735	Timeline
XLYSELECT SECTOR SPDR TR	24,718	$3.1M	0.58%	+189	Timeline
AXPAMERICAN EXPRESS CO	24,842	$3.09M	0.58%	-215	Timeline
SPGIS&P GLOBAL INC	11,059	$3.02M	0.57%	-135	Timeline
HDHOME DEPOT INC	13,718	$3M	0.56%	-130	Timeline
PARAMOUNT GLOBALPARAMOUNT GLOBAL	70,209	$2.95M	0.56%	new
SBUXSTARBUCKS CORP	33,502	$2.94M	0.55%	-1,915	Timeline
IGSBISHARES TR	52,170	$2.8M	0.53%	-748	Timeline
KOCOCA COLA CO	50,161	$2.78M	0.52%	-250	Timeline
RAYTHEON CORAYTHEON CO	11,680	$2.57M	0.48%	-1,460
METAMETA PLATFORMS INC	12,119	$2.49M	0.47%	-630	Timeline
AMTAMERICAN TOWER CORP	10,817	$2.49M	0.47%	-968	Timeline
NOCNORTHROP GRUMMAN CORP	7,195	$2.48M	0.47%	-95	Timeline
EFAISHARES TR	35,636	$2.48M	0.47%	+59	Timeline
VBKVANGUARD INDEX FDS	12,104	$2.4M	0.45%	+5	Timeline
AMATAPPLIED MATLS INC	37,770	$2.31M	0.43%	+6,779	Timeline
ZTSZOETIS INC	17,350	$2.3M	0.43%	-5,118	Timeline
BILSPDR SERIES TRUST	24,815	$2.27M	0.43%	+7,085	Timeline
IGIBISHARES TR	38,665	$2.24M	0.42%	-76	Timeline
TUTELUS CORPORATION	56,418	$2.19M	0.41%	-17,665	Timeline
IWMISHARES TR	12,326	$2.04M	0.38%	+70	Timeline
MORGAN STANLEY INSTL FD TR …MORGAN STANLEY INSTL FD TR ULT	203,635	$2.04M	0.38%	+66,121
ROYAL DUTCH SHELL PLC SPN A…ROYAL DUTCH SHELL PLC SPN ADR	34,098	$2.01M	0.38%	-8,892
NVDANVIDIA CORPORATION	8,108	$1.91M	0.36%	new	Timeline
XLCSELECT SECTOR SPDR TR	35,488	$1.9M	0.36%	+225	Timeline
RIGTRANSOCEAN LTD	267,681	$1.84M	0.35%	-39,401	Timeline
UPSUNITED PARCEL SVCS INC	15,510	$1.82M	0.34%	-3,510	Timeline
IJHISHARES TR	8,557	$1.76M	0.33%	+45	Timeline
TMUST-MOBILE US INC	22,220	$1.74M	0.33%	-2,775	Timeline
MFCMANULIFE FINL CORP	83,411	$1.69M	0.32%	-25,960	Timeline
XLPSELECT SECTOR SPDR TR	26,483	$1.67M	0.31%	+22	Timeline
ALXALEXANDERS INC	4,998	$1.65M	0.31%	0	Timeline
TOTALENERGIES SE -SPON ADRTOTALENERGIES SE -SPON ADR	28,659	$1.58M	0.3%	-14,555
CIMAREX ENERGY CO COMCIMAREX ENERGY CO COM	27,172	$1.43M	0.27%	-4,644
VGKVANGUARD INTL EQUITY INDEX F	23,217	$1.36M	0.26%	+37	Timeline
LMTLOCKHEED MARTIN CORP	3,392	$1.32M	0.25%	-8,179	Timeline
XLESELECT SECTOR SPDR TR	21,071	$1.26M	0.24%	+1,321	Timeline
VWOVANGUARD INTL EQUITY INDEX F	26,831	$1.19M	0.22%	+246	Timeline
VCITVANGUARD SCOTTSDALE FDS	13,040	$1.19M	0.22%	+35	Timeline
AEPAMERICAN ELEC PWR CO INC	11,635	$1.1M	0.21%	-8,115	Timeline
SPYSTATE STR SPDR S&P 500 ETF T	3,325	$1.07M	0.2%	-338	Timeline
CORCENCORA INC	12,007	$1.02M	0.19%	-350	Timeline
MDYSTATE STR SPDR S&P MIDCAP 40	2,617	$982K	0.18%	0	Timeline
IBMINTERNATIONAL BUSINESS MACHS	7,155	$959K	0.18%	-425	Timeline
VZVERIZON COMMUNICATIONS INC	15,284	$938K	0.18%	-2,812	Timeline
BABAALIBABA GROUP HLDG LTD	4,255	$902K	0.17%	0	Timeline
VNOVORNADO RLTY TR	13,397	$891K	0.17%	-310	Timeline
MMM3M CO	5,024	$886K	0.17%	-400	Timeline
BNSBANK NOVA SCOTIA B C	15,400	$870K	0.16%	-89,129	Timeline
IYRISHARES TR	9,341	$869K	0.16%	+75	Timeline
ADPAUTOMATIC DATA PROCESSING IN	4,688	$799K	0.15%	-122	Timeline
UNILEVER N VUNILEVER N V	13,325	$766K	0.14%	-25
GOOGALPHABET INC	556	$743K	0.14%	-53	Timeline
HUMHUMANA INC	1,935	$709K	0.13%	-50	Timeline
BNDXVANGUARD CHARLOTTE FDS	12,245	$693K	0.13%	0	Timeline
PFFISHARES TR	17,500	$658K	0.12%	+4,000	Timeline
VNQVANGUARD INDEX FDS	6,855	$636K	0.12%	0	Timeline
BXBLACKSTONE INC	10,780	$603K	0.11%	0	Timeline
XLFSELECT SECTOR SPDR TR	17,750	$546K	0.1%	-3,000	Timeline
TMOTHERMO FISHER SCIENTIFIC INC	1,682	$546K	0.1%	-35	Timeline
ISRGINTUITIVE SURGICAL INC	752	$445K	0.08%	-2,906	Timeline
ALLEALLEGION PLC	3,500	$436K	0.08%	-300	Timeline
UNPUNION PAC CORP	2,405	$435K	0.08%	0	Timeline
VTIVANGUARD INDEX FDS	2,559	$419K	0.08%	+145	Timeline
ANSYS INCANSYS INC	1,625	$418K	0.08%	-150
ZBRAZEBRA TECHNOLOGIES CORPORATI	1,625	$415K	0.08%	-150	Timeline
ALGNALIGN TECHNOLOGY INC	1,450	$405K	0.08%	-125	Timeline
VEAVANGUARD TAX-MANAGED FDS	9,096	$401K	0.08%	0	Timeline
LQDISHARES TR	3,025	$387K	0.07%	0	Timeline
GSGOLDMAN SACHS GROUP INC	1,670	$384K	0.07%	0	Timeline
MASMASCO CORP	7,500	$360K	0.07%	-500	Timeline
AJGGALLAGHER ARTHUR J & CO	3,770	$359K	0.07%	-350	Timeline
FDXFEDEX CORP	2,352	$356K	0.07%	-825	Timeline
YETIYETI HLDGS INC	10,240	$356K	0.07%	-900	Timeline
KMIKINDER MORGAN INC DEL	16,130	$341K	0.06%	0	Timeline
PEGPUBLIC SVC ENTERPRISE GROUP	5,771	$341K	0.06%	0	Timeline
PFEPFIZER INC	8,600	$337K	0.06%	-151	Timeline
BRBROADRIDGE FINL SOLUTIONS IN	2,700	$334K	0.06%	-125	Timeline
ULTAULTA BEAUTY INC	1,285	$325K	0.06%	-90	Timeline
CHECHEMED CORP NEW	735	$323K	0.06%	-55	Timeline
MSMORGAN STANLEY	6,254	$320K	0.06%	0	Timeline
EPDENTERPRISE PRODS PARTNERS L	11,110	$313K	0.06%	-40	Timeline
SCHWCHARLES SCHWAB CORP (THE)	6,300	$300K	0.06%	-900	Timeline
XYLXYLEM INC	3,800	$299K	0.06%	-300	Timeline
ITGARTNER INC	1,903	$293K	0.06%	-125	Timeline
BKNGBOOKING HOLDINGS INC	142	$292K	0.05%	0	Timeline
ASRGRUPO AEROPORTUARIO DEL SURE	1,500	$281K	0.05%	0	Timeline
LNGCHENIERE ENERGY INC	4,545	$278K	0.05%	-250	Timeline
STORE CAP CORPSTORE CAP CORP	7,425	$277K	0.05%	-600
NEENEXTERA ENERGY INC	1,140	$276K	0.05%	0	Timeline
CRUSCIRRUS LOGIC INC	3,300	$272K	0.05%	new	Timeline
LEVILEVI STRAUSS & CO NEW	14,000	$270K	0.05%	-800	Timeline
GOOSCANADA GOOSE HLDGS INC	7,290	$264K	0.05%	-400	Timeline
TTCTORO CO	3,300	$263K	0.05%	-400	Timeline
TERTERADYNE INC	3,675	$251K	0.05%	new	Timeline
GLDSPDR GOLD TR	1,740	$249K	0.05%	0	Timeline
EMREMERSON ELEC CO	3,150	$240K	0.05%	-250	Timeline
BBYBEST BUY INC	2,675	$235K	0.04%	new	Timeline
EEMISHARES TR	4,925	$221K	0.04%	-1,250	Timeline
ABBVABBVIE INC	2,453	$217K	0.04%	-250	Timeline
CMICUMMINS INC	1,208	$216K	0.04%	new	Timeline
USBUS BANCORP	3,550	$211K	0.04%	new	Timeline
BSVVANGUARD BD INDEX FDS	2,536	$204K	0.04%	0	Timeline
CIGNA CORPORATIONCIGNA CORPORATION	1,000	$204K	0.04%	new
XLUSELECT SECTOR SPDR TR	3,110	$201K	0.04%	0	Timeline
CYTKCYTOKINETICS INC	17,500	$186K	0.04%	-1,000	Timeline
Franklin High Income FundFranklin High Income Fund	32,263	$60K	0.01%	0

Sold out in Q4 2019

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
VIACOM INCVIACOM INC	130,114	$3.13M	shares
INTUINTUIT	8,335	$2.22M	shares
LHXL3HARRIS TECHNOLOGIES INC	10,592	$2.21M	shares
CRMSALESFORCE INC	12,710	$1.89M	shares
DRIDARDEN RESTAURANTS INC	3,355	$397K	shares
VEEVVEEVA SYS INC	2,435	$372K	shares
PAYCPAYCOM SOFTWARE INC	1,625	$340K	shares
TWLOTWILIO INC	3,090	$340K	shares
ETSYETSY INC	4,120	$233K	shares

How Q4 2019 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001464586-20-000002	base		2020-01-22	acceptance time not in the bulk data set	2026-10-07 18:54:20 UTC