Applied Finance Capital Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 7, 2024), Applied Finance Capital Management, LLC reported 75 stock positions worth $1.4 billion. Its top holding was KLA (KLAC) at 3.5% of the portfolio, followed by Intl Business Machines (IBM, 3.4%) and Meta Platforms Class A (META, 3.0%). Compared with Q4 2023, it opened 2 new positions, sold out of 2, added to 51 and reduced 12. The biggest buy was a new position in Incyte (INCY) and the biggest sale Intel (INTC, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- SAN JUAN, PR
- CIK
- 0001966007
- Portfolio Value
- $1.4B (Q1 2024)
- SEC Filing
- 0001398344-24-008870 ↗ filed May 7, 2024
Holdings Value
Holdings 75 stocks · $1.4B
| KLAC KLA Corp. | 3.54% | 72,037 | $50.3M | Add +8.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 3.35% | 249,784 | $47.7M | Add +13.2% |
| META Meta Platforms Inc. Class A | 2.97% | 86,895 | $42.2M | Add +4.0% |
| ROP Roper Technologies Inc. | 2.88% | 73,065 | $41.0M | Add +15.3% |
| MCHP Microchip Technology Inc. | 2.78% | 441,419 | $39.6M | Add +24.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.77% | 321,913 | $39.4M | Add +19.3% |
| HPQ HP Inc. | 2.71% | 1,274,293 | $38.5M | Add +22.7% |
| INTC Intel Corp. | 2.64% | 851,084 | $37.6M | Reduce -2.4% |
| CSCO Cisco Systems Inc. | 2.62% | 747,197 | $37.3M | Add +28.9% |
| AAPL Apple Inc. | 2.42% | 201,122 | $34.5M | Add +18.6% |
| ADBE Adobe Inc. | 2.39% | 67,392 | $34.0M | Add +13.9% |
| VZ Verizon Communications Inc. | 2.34% | 792,701 | $33.3M | Add +12.2% |
| LOW Lowe's Cos Inc. | 2.33% | 130,259 | $33.2M | Add +23.8% |
| HST Host Hotels & Resorts Inc. | 2.26% | 1,556,414 | $32.2M | Add +13.8% |
| DHI D.R. Horton Inc. | 2.26% | 195,111 | $32.1M | Reduce -1.7% |
| GOOGL Alphabet Inc. Class A | 2.26% | 212,695 | $32.1M | Add +13.7% |
| JPM JPMorgan Chase & Co. | 2.16% | 153,108 | $30.7M | Add +11.2% |
| LKQ LKQ Corp. | 2.11% | 562,242 | $30.0M | Add +35.2% |
| FISV Fiserv Inc. | 2.10% | 187,029 | $29.9M | Add +13.7% |
| AMP Ameriprise Financial Inc. | 2.08% | 67,329 | $29.5M | Add +12.5% |
| TRV The Travelers Cos Inc. | 2.07% | 127,809 | $29.4M | Add +13.3% |
| DRI Darden Restaurants Inc. | 2.07% | 175,857 | $29.4M | Add +22.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.07% | 775,081 | $29.4M | Add +10.9% |
| URI United Rentals Inc. | 2.02% | 39,884 | $28.8M | Reduce -3.0% |
| MA Mastercard Inc. Class A | 1.99% | 58,691 | $28.3M | Add +15.0% |
| PWR Quanta Services Inc. | 1.97% | 107,958 | $28.0M | Add +13.7% |
| MET Metlife Inc. | 1.94% | 372,807 | $27.6M | Add +13.8% |
| CMI Cummins Inc. | 1.92% | 92,453 | $27.2M | Add +36.0% |
| TGT Target Corp. | 1.91% | 152,896 | $27.1M | Reduce -1.7% |
| WAB Wabtec Corp. | 1.85% | 180,882 | $26.4M | Add +13.5% |
| SYK Stryker Corp. | 1.69% | 67,055 | $24.0M | Add +17.1% |
| MCK McKesson Corp. | 1.68% | 44,544 | $23.9M | Add +10.7% |
| STZ Constellation Brands Inc. Class A | 1.66% | 86,947 | $23.6M | Add +15.5% |
| APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC | 1.66% | 295,869 | $23.6M | Add +32.1% |
| MRK Merck & Co. Inc. | 1.65% | 177,841 | $23.5M | Add +16.3% |
| UNP Union Pacific Corp. | 1.62% | 93,710 | $23.0M | Add +12.5% |
| VLO Valero Energy Corp. | 1.60% | 133,025 | $22.7M | Add +11.0% |
| TSN Tyson Foods Inc. Class A | 1.60% | 386,592 | $22.7M | Add +11.7% |
| DHR Danaher Corp. | 1.55% | 88,477 | $22.1M | Add +11.6% |
| REGN Regeneron Pharmaceuticals | 1.50% | 22,153 | $21.3M | Reduce -0.6% |
| TMO Thermo Fisher Scientific Inc. | 1.46% | 35,683 | $20.7M | Add +13.0% |
| CVS CVS Health Corp. | 1.45% | 258,749 | $20.6M | Add +9.8% |
| COP Conocophillips | 1.38% | 154,210 | $19.6M | Add +9.3% |
| CVX Chevron Corp. | 1.32% | 119,161 | $18.8M | Add +13.2% |
| WBA Walgreens Boots Alliance Inc. | 1.25% | 816,430 | $17.7M | Add +15.2% |
| INCY Incyte Corp. | 1.20% | 298,357 | $17.0M | New |
| CE Celanese Corp. | 1.16% | 96,269 | $16.5M | Reduce -4.9% |
| PEG Public Service Enterprise GP | 1.12% | 238,746 | $15.9M | Add +12.9% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 1.07% | 182,877 | $15.2M | Add +13.9% |
| DTE DTE Energy Company | 1.00% | 127,180 | $14.3M | Add +20.5% |
| ETN Eaton Corp. PLC | 0.03% | 1,363 | $426K | Reduce -3.5% |
| PCAR Paccar Inc. | 0.03% | 3,413 | $423K | No change |
| MPC Marathon Petroleum Corp. | 0.03% | 2,087 | $421K | No change |
| LLY Eli Lilly & Co. | 0.03% | 517 | $402K | No change |
| TFC Truist Financial Corp. | 0.03% | 10,208 | $398K | Add +13.4% |
| PNC PNC Financial Services Group | 0.03% | 2,346 | $379K | Reduce -2.4% |
| MSFT Microsoft Corp. | 0.03% | 899 | $378K | Reduce -24.8% |
| RTX RTX Corp. | 0.03% | 3,823 | $373K | No change |
| HBAN Huntington Bancshares Inc. | 0.03% | 25,825 | $360K | No change |
| HD Home Depot Inc. | 0.03% | 936 | $359K | Add +1.5% |
| NSC Norfolk Southern Corp. | 0.03% | 1,397 | $356K | Add +2.7% |
| HAS Hasbro Inc. | 0.03% | 6,295 | $356K | Add +11.2% |
| ABBV Abbvie Inc. | 0.02% | 1,913 | $348K | New |
| PRU Prudential Financial Inc. | 0.02% | 2,955 | $347K | No change |
| ABT Abbott Laboratories | 0.02% | 2,948 | $335K | Add +0.2% |
| ACN Accenture PLC Class A | 0.02% | 949 | $329K | Reduce -0.8% |
| LYB Lyondellbasell Indu Class A | 0.02% | 3,163 | $324K | Add +2.0% |
| WHR Whirlpool Corp. | 0.02% | 2,626 | $314K | Add +14.4% |
| STT State Street Corp. | 0.02% | 4,000 | $309K | No change |
| UGI Ugi Corp. | 0.02% | 12,583 | $309K | No change |
| NVS Novartis AG-Sponsored ADR | 0.02% | 3,129 | $303K | No change |
| OHI Omega Healthcare Investors | 0.02% | 9,552 | $303K | Add +0.3% |
| UL Unilever PLC | 0.02% | 6,015 | $302K | No change |
| JNJ Johnson & Johnson | 0.02% | 1,807 | $286K | Reduce -0.7% |
| SRE Sempra | 0.02% | 3,973 | $285K | Reduce -0.3% |
Portfolio Sells Q4 2023 → Q1 2024
| INTC Intel Corp. | Reduce -2.4% | 2.64% | −1.17 |
| PFE Pfizer Inc. | Sold out | 0.00% | −1.14 |
| IWD iShares Russell 1000 Value E | Sold out | 0.00% | −0.40 |
| DHI D.R. Horton Inc. | Reduce -1.7% | 2.26% | −0.36 |
| CE Celanese Corp. | Reduce -4.9% | 1.16% | −0.20 |
| REGN Regeneron Pharmaceuticals | Reduce -0.6% | 1.50% | −0.20 |
| URI United Rentals Inc. | Reduce -3.0% | 2.02% | −0.03 |
| TGT Target Corp. | Reduce -1.7% | 1.91% | −0.02 |
| MSFT Microsoft Corp. | Reduce -24.8% | 0.03% | −0.01 |
| ACN Accenture PLC Class A | Reduce -0.8% | 0.02% | −0.01 |
| SRE Sempra | Reduce -0.3% | 0.02% | −0.01 |
| PNC PNC Financial Services Group | Reduce -2.4% | 0.03% | −0.01 |
| JNJ Johnson & Johnson | Reduce -0.7% | 0.02% | −0.00 |
| ETN Eaton Corp. PLC | Reduce -3.5% | 0.03% | +0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| INCY Incyte Corp. | New | 1.20% | +1.20 |
| DIS The Walt Disney Co. | Add +19.3% | 2.77% | +0.65 |
| CMI Cummins Inc. | Add +36.0% | 1.92% | +0.50 |
| META Meta Platforms Inc. Class A | Add +4.0% | 2.97% | +0.40 |
| LKQ LKQ Corp. | Add +35.2% | 2.11% | +0.38 |
| LOW Lowe's Cos Inc. | Add +23.8% | 2.33% | +0.30 |
| VLO Valero Energy Corp. | Add +11.0% | 1.60% | +0.24 |
| IBM Intl Business Machines Corp. | Add +13.2% | 3.35% | +0.22 |
| FISV Fiserv Inc. | Add +13.7% | 2.10% | +0.20 |
| TRV The Travelers Cos Inc. | Add +13.3% | 2.07% | +0.20 |
| MRK Merck & Co. Inc. | Add +16.3% | 1.65% | +0.20 |
| SYK Stryker Corp. | Add +17.1% | 1.69% | +0.20 |
| PWR Quanta Services Inc. | Add +13.7% | 1.97% | +0.19 |
| KLAC KLA Corp. | Add +8.4% | 3.54% | +0.18 |
| JPM JPMorgan Chase & Co. | Add +11.2% | 2.16% | +0.12 |
| AMP Ameriprise Financial Inc. | Add +12.5% | 2.08% | +0.10 |
| MA Mastercard Inc. Class A | Add +15.0% | 1.99% | +0.10 |
| WAB Wabtec Corp. | Add +13.5% | 1.85% | +0.10 |
| STZ Constellation Brands Inc. Class A | Add +15.5% | 1.66% | +0.08 |
| CSCO Cisco Systems Inc. | Add +28.9% | 2.62% | +0.08 |
| MCK McKesson Corp. | Add +10.7% | 1.68% | +0.06 |
| MET Metlife Inc. | Add +13.8% | 1.94% | +0.06 |
| ABBV Abbvie Inc. | New | 0.02% | +0.02 |
| VZ Verizon Communications Inc. | Add +12.2% | 2.34% | +0.02 |
| BAC Bank of America Corp. | Add +10.9% | 2.07% | +0.02 |
| DRI Darden Restaurants Inc. | Add +22.2% | 2.07% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +13.0% | 1.46% | +0.00 |
| HAS Hasbro Inc. | Add +11.2% | 0.03% | −0.00 |
| TFC Truist Financial Corp. | Add +13.4% | 0.03% | −0.00 |
| PEG Public Service Enterprise GP | Add +12.9% | 1.12% | −0.00 |
| WHR Whirlpool Corp. | Add +14.4% | 0.02% | −0.00 |
| HD Home Depot Inc. | Add +1.5% | 0.03% | −0.00 |
| NSC Norfolk Southern Corp. | Add +2.7% | 0.03% | −0.00 |
| LYB Lyondellbasell Indu Class A | Add +2.0% | 0.02% | −0.00 |
| MCHP Microchip Technology Inc. | Add +24.0% | 2.78% | −0.00 |
| OHI Omega Healthcare Investors | Add +0.3% | 0.02% | −0.00 |
| ABT Abbott Laboratories | Add +0.2% | 0.02% | −0.00 |
| HPQ HP Inc. | Add +22.7% | 2.71% | −0.01 |
| DTE DTE Energy Company | Add +20.5% | 1.00% | −0.01 |
| GOOGL Alphabet Inc. Class A | Add +13.7% | 2.26% | −0.01 |
| TSN Tyson Foods Inc. Class A | Add +11.7% | 1.60% | −0.02 |
| CF CF Industries Holdings Inc. | Add +13.9% | 1.07% | −0.04 |
| DHR Danaher Corp. | Add +11.6% | 1.55% | −0.04 |
| COP Conocophillips | Add +9.3% | 1.38% | −0.04 |
| CVX Chevron Corp. | Add +13.2% | 1.32% | −0.04 |
| HST Host Hotels & Resorts Inc. | Add +13.8% | 2.26% | −0.05 |
| APTV Aptiv Irish Holdings Ltd. | Add +32.1% | 1.66% | −0.09 |
| ROP Roper Technologies Inc. | Add +15.3% | 2.88% | −0.12 |
| UNP Union Pacific Corp. | Add +12.5% | 1.62% | −0.16 |
| CVS CVS Health Corp. | Add +9.8% | 1.45% | −0.17 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 218 | $1.3B | AAPL, AMAT, KLAC, MSFT, GOOGL |
| Q1 2026 | 218 | $1.3B | AAPL, MSFT, AMAT, GOOGL, KLAC |
| Q4 2025 | 225 | $1.4B | AAPL, MSFT, GOOGL, AMAT, CSCO |
| Q3 2025 | 280 | $1.4B | AAPL, MSFT, GOOGL, ORCL, META |
| Q2 2025 | 307 | $1.5B | AAPL, ORCL, META, GOOGL, KLAC |
| Q1 2025 | 294 | $1.4B | AAPL, ROP, IBM, GOOGL, KLAC |
| Q4 2024 | 297 | $2.3B | AAPL, CSCO, GOOGL, ORCL, IBM |
| Q3 2024Amended | 298 | $2.3B | AAPL, IBM, CSCO, META, HPQ |
| Q2 2024 | 293 | $2.2B | AAPL, ADBE, GOOGL, KLAC, HPQ |
| Q1 2024 | 75 | $1.4B | KLAC, IBM, META, ROP, MCHP |