Amalgamated Bank
Amalgamated Bank is a socially responsible commercial bank headquartered in New York, NY. Founded in 1923, it serves consumers, businesses, nonprofits, unions, and progressive organizations with a commitment to advancing economic, social, and environmental justice. The bank has a workforce of over 390 employees and provides a suite of banking, lending, and investment management services. Amalgamated Bank is recognized for its values-driven approach and direct involvement in advocating for sustainability and social impact.
Investment Strategy
Amalgamated Bank’s investment philosophy focuses on sustainable and impact-driven investment practices. It integrates environmental, social, and governance (ESG) criteria into its investment selections and aligns portfolios with clients’ progressive values, with a strong emphasis on community-based and responsible investing. The bank seeks long-term value creation both financially and socially, by screening investments for sustainability, fair labor practices, and responsible corporate governance.
Top Holdings
Equity Positions (2,962)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA CORPORATION | 6.46% | $836.3M | 5,293,649 | $22.37 | $157.99 | +$274.1M |
M MSFT | MICROSOFT CORP | 6.33% | $819.7M | 1,648,034 | $250.99 | $497.41 | +$216.7M |
A AAPL | APPLE INC | 5.27% | $682.2M | 3,324,984 | $131.06 | $205.17 | -$33.0M |
A AMZN | AMAZON COM INC | 3.46% | $448.3M | 2,043,571 | $147.04 | $219.39 | +$56.8M |
M META | META PLATFORMS INC CL A | 2.74% | $355.1M | 481,125 | $311.22 | $738.09 | +$77.5M |