ABNER HERRMAN & BROCK LLC

Bank of New York Mellon and Hilton Worldwide sit at opposite ends of Abner Herrman & Brock's $904.9 million book, but they share one detail: both held exactly the same share count this quarter as last — 53,875 shares of BK, 16,575 of Hilton — with only price movement nudging their reported values. That stillness sits beside the quarter's most dramatic real move: Boeing's share count grew 539.98%, from 15,144 to 96,918 shares, a genuine $16.3 million purchase that dwarfs every other flow in the portfolio. Air Products & Chemicals was cut in half (-51.7% shares, a real $2.6 million outflow), and four full exits — led by a $17.0 million Abbott Laboratories liquidation — freed capital for four new, modestly sized defensive and insurance names: Deere, PepsiCo, Allstate, and Travelers.