9AT: CANNELL & CO.

CANNELL & CO.

other names

CANNELL & CO.
PETER B. CANNELL & CO., INC.

Adviser Profile

Registration status

Terminated

As of Date	02/15/2024
ADV Location	NEW YORK, NY, United States
Adviser Type - Large advisory firm
Number of Employees	23
of those in investment advisory functions	10

AUM^*	3,633,836,590 -13%
of that, discretionary	3,633,836,590 -13%
Private Fund GAV^*	0
Avg Account Size	2,321,940 -14%
% High Net Worth	23.39% -67%
SMA’s	Yes
Private Funds	0
Contact Info	212 xxxxxxx
Websites

Client Types

- Individuals (other than high net worth individuals)
- High net worth individuals
- Pooled investment vehicles
- Pension and profit sharing plans
- Charitable organizations
- Corporations or other businesses not listed above

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Fixed fees (other than subscription fees)

Reported AUM

4B 4B 3B 2B 2B 1B 595M

2015 2016 2017 2018 2019 2020 2021 2022 2023

Discretionary

Non-discretionary

Private Funds

No private funds

Employees

Top Holdings

Stock Ticker	Stock Name	$ Position	% Position	$ Change	# Change
Stck Ticker594918104	Stock NameMICROSOFT CORP	$ Position$196,768,997	% Position6.00%	$ Change17.00%	# Change-2.00%
Stck Ticker02079K107	Stock NameALPHABET INC	$ Position$119,337,551	% Position4.00%	$ Change5.00%	# Change-2.00%
Stck Ticker023135106	Stock NameAMAZON COM INC	$ Position$89,323,247	% Position3.00%	$ Change30.00%	# Change9.00%
Stck Ticker084670702	Stock NameBERKSHIRE HATHAWAY INC DEL	$ Position$96,361,329	% Position3.00%	$ Change1.00%	# Change0.00%
Stck Ticker11271J107	Stock NameBROOKFIELD CORP	$ Position$79,768,510	% Position3.00%	$ Change25.00%	# Change-2.00%
Stck Ticker037833100	Stock NameAPPLE INC	$ Position$87,080,619	% Position3.00%	$ Change10.00%	# Change-2.00%
Stck Ticker548661107	Stock NameLOWES COS INC	$ Position$82,684,892	% Position3.00%	$ Change15.00%	# Change8.00%
Stck TickerF21107101	Stock NameCONSTELLIUM SE	$ Position$51,132,071	% Position2.00%	$ Change42.00%	# Change29.00%
Stck Ticker38141G104	Stock NameGOLDMAN SACHS GROUP INC	$ Position$56,497,945	% Position2.00%	$ Change10.00%	# Change-8.00%
Stck Ticker097023105	Stock NameBOEING CO	$ Position$57,986,945	% Position2.00%	$ Change26.00%	# Change-7.00%

Brochure Summary

Overview

Cannell & Co. (the “Firm” or “we”), founded in 1973, is an independent registered investment adviser. The Firm is fully owned by its employees, following an acquisition at the close of business on March 29, 2019 of the Firm’s capital stock from New York Community Bancorp, Inc. On September 8, 2021, the Firm legally changed its name from Peter B. Cannell & Co., Inc. to Cannell & Co., and now conducts its business under the name Cannell & Co. Throughout the Firm’s history, we have focused on investing our clients' assets in common stocks of publicly traded companies. With the arrival of several new partners in 2014, clients have had the opportunity to invest in fixed income securities as well as common stocks. We are not broker-dealers. We do not engage in investment banking

or related activities. We are value investors and take a long-term view. We rely on investment selection, not market timing. Our approach provides individualized management for each account. We meet with each client (or client’s financial advisor) to gain an in-depth understanding of the client's financial goals. Selection of securities, asset allocations, purchase guidelines, and tax management are based on our insight and understanding of each client's financial circumstances and objectives. We meet with or otherwise communicate with our clients on a periodic basis to ensure that the financial goals of each client have not changed. As of December 31, 2022, the Firm had assets under management of $ 3,633,836,590 . All assets are managed on a discretionary basis.