Firm diversifies holdings
Kiley Juergens Wealth Management expands U.S. equity footprint with new stakes in large-cap companies
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Key Points
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Institutional activity in Waste Management extended beyond Kiley Juergens, with O Domhnaill Enterprises Inc. increasing its stake to 11,107 shares (up from prior) valued at about $2.552 million, and overall 80.40% of WM stock being held by institutional investors and hedge funds.
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Deere & Company saw notable non-firm activity as Kathmere Capital Management LLC boosted its position by 631 shares to 1,854 shares (about $1.044 million), contributing to Deere’s profile where 68.58% of the stock is owned by institutional investors and hedge funds, while analysts trimmed targets (Citigroup cut to $595).
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United Rentals, Inc. attracted further institutional interest from Kiley Juergens, purchasing 2,070 shares for roughly $1.508 million, with hedge funds and institutional investors owning a dominant 96.26% of the stock.
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Northrop Grumman Corporation drew a new stake by Kiley Juergens (1,135 shares for about $774,000), and the stock shows high hedge fund concentration at 83.40%, alongside brokerages re-evaluating targets (e.g., Jefferies cut to $580, Morgan Stanley to $745, while BTIG maintained a Buy stance with an $815 target).
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US Foods Holding Corp. attracted a new stake of 6,453 shares valued at about $595,000, while Royal Bank of Canada boosted its stake by 85.8% to 148,512 shares (roughly $9.722 million), with institutional ownership reported at 98.76%.
Kiley Juergens Wealth Management LLC made a flurry of new investments in the first quarter, deploying millions across some of America's biggest companies. The firm's largest single bet was a $2.15 million stake in Waste Management, Inc., made up of 9,360 shares, according to Watchlist News.
The moves span several industries — from defense to food distribution — and signal an active quarter of portfolio building. Across its new positions, the firm committed roughly $6.4 million to five major holdings alone.
Waste Management and Deere Lead New Position Buys
The firm's biggest new stake went into Waste Management, Inc. at $2.15 million for 9,360 shares, per Watchlist News. Kiley Juergens was not alone. O Domhnaill Enterprises Inc. also increased its WM stake to 11,107 shares, valued at about $2.55 million. Institutional investors now hold 80.40% of all WM stock outstanding.
The firm also opened a new position in Deere & Company, buying 2,423 shares worth about $1.37 million. Kathmere Capital Management LLC made a similar move, adding 631 shares to bring its total to 1,854 shares worth roughly $1.04 million. Institutional and hedge fund investors own 68.58% of Deere's stock. Citigroup recently cut its price target on Deere to $595.
Defense and Equipment Rentals Attract Fresh Capital
Kiley Juergens added 2,070 shares of United Rentals, Inc. for roughly $1.51 million, according to Watchlist News. United Rentals has one of the highest institutional ownership rates around — hedge funds and institutions own 96.26% of its shares. That level of concentration signals strong conviction among large money managers.
The firm also took a new stake in Northrop Grumman Corporation, buying 1,135 shares for about $774,000. Hedge funds own 83.40% of Northrop Grumman stock. Analysts have mixed views on the defense contractor. Jefferies cut its target to $580 and Morgan Stanley dropped its target to $745. But BTIG held firm with a Buy rating and an $815 target.
US Foods Stake Joins a Crowded Institutional Table
Kiley Juergens rounded out its quarter by entering US Foods Holding Corp., picking up 6,453 shares for about $595,000, per Watchlist News. It is a relatively small position, but it joins a stock already dominated by big money. Institutional investors own a striking 98.76% of US Foods shares.
Royal Bank of Canada made a much bigger move into US Foods at the same time, boosting its stake by 85.8% to 148,512 shares worth roughly $9.72 million. The high institutional ownership rate at US Foods leaves very little of the company in the hands of everyday retail investors.
Broader Portfolio Additions Include Tech and Auto Parts
Beyond the five core positions, Kiley Juergens also opened stakes in Corning Incorporated and Genuine Parts Company during the quarter. The firm bought 4,357 shares of Corning for $592,000 and 3,968 shares of Genuine Parts for $420,000, according to Watchlist News. Both are new entries for the firm.
The firm also grabbed 7,263 shares of GE Vernova Inc. for approximately $6.34 million — its largest single position by dollar value in the quarter. Add in 2,127 shares of General Dynamics Corporation, and the pattern is clear. Kiley Juergens spread its bets wide, touching energy, defense, industrials, and consumer goods all at once.
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