Applied Finance Capital Management, LLC

Name: Applied Finance Capital Management, LLC 13F holdings, Q1 2025
Creator: Applied Finance Capital Management, LLC
Published: 2025-05-07

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), Applied Finance Capital Management, LLC reported 294 stock positions worth $1.4 billion. Its top holding was Apple (AAPL) at 4.4% of the portfolio, followed by Roper Technologies (ROP, 2.9%) and Intl Business Machines (IBM, 2.9%). Compared with Q4 2024, it opened 34 new positions, sold out of 37, added to 142 and reduced 77. The biggest buy was a new position in Aptiv (APTV) and the biggest sale an exit from Aptiv Irish (APTV).

Most Recent 13F: Q2 2026
Location: SAN JUAN, PR
CIK: 0001966007
Portfolio Value: $1.4B (Q1 2025)
SEC Filing: 0001398344-25-008845 ↗ filed May 7, 2025

Holdings Value

Holdings 294 stocks · $1.4B


AAPL Apple Inc.	4.37%	267,167	$59.3M	Reduce -34.5%
ROP Roper Technologies Inc.	2.90%	66,756	$39.4M	Reduce -37.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	2.88%	157,468	$39.2M	Reduce -45.9%
GOOGL Alphabet Inc. Class A	2.76%	242,259	$37.5M	Reduce -32.4%
KLAC KLA Corp.	2.67%	53,480	$36.4M	Reduce -31.4%
META Meta Platforms Inc. Class A	2.67%	63,040	$36.3M	Reduce -36.5%
CSCO Cisco Systems Inc.	2.64%	581,149	$35.9M	Reduce -50.6%
VZ Verizon Communications Inc.	2.35%	704,376	$32.0M	Reduce -35.5%
ORCL Oracle Corp.	2.35%	228,472	$31.9M	Reduce -42.2%
ADBE Adobe Inc.	2.31%	81,765	$31.4M	Reduce -32.4%
AMAT Applied Materials Inc.	2.26%	211,583	$30.7M	Reduce -28.8%
HPQ HP Inc.	2.22%	1,087,421	$30.1M	Reduce -39.5%
MA Mastercard Inc. Class A	2.03%	50,320	$27.6M	Reduce -49.6%
LKQ LKQ Corp.	1.97%	629,962	$26.8M	Reduce -23.1%
DRI Darden Restaurants Inc.	1.96%	128,343	$26.7M	Reduce -48.2%
TRV The Travelers Cos Inc.	1.81%	93,177	$24.6M	Reduce -50.3%
LOW Lowe's Cos Inc.	1.74%	101,393	$23.6M	Reduce -32.7%
MSFT Microsoft Corp.	1.74%	62,917	$23.6M	Reduce -1.4%
DHI D.R. Horton Inc.	1.67%	178,030	$22.6M	Reduce -14.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO	1.66%	228,311	$22.5M	Reduce -49.4%
FISV Fiserv Inc.	1.65%	101,671	$22.5M	Reduce -56.6%
APTV Aptiv PLC	1.65%	376,110	$22.4M	New
MET Metlife Inc.	1.62%	274,072	$22.0M	Reduce -50.1%
JPM JPMorgan Chase & Co.	1.61%	89,402	$21.9M	Reduce -61.2%
AMP Ameriprise Financial Inc.	1.59%	44,653	$21.6M	Reduce -53.6%
NVDA Nvidia Corp.	1.56%	195,716	$21.2M	Add +2.3%
CBRE CBRE Group Inc. Class A	1.55%	160,675	$21.0M	Reduce -55.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP	1.47%	479,441	$20.0M	Reduce -54.3%
UNP Union Pacific Corp.	1.44%	82,765	$19.6M	Reduce -49.5%
WAB Wabtec Corp.	1.30%	97,626	$17.7M	Reduce -57.8%
KDP Keurig Dr Pepper Inc.	1.30%	516,994	$17.7M	Reduce -39.4%
TSN Tyson Foods Inc. Class A	1.27%	269,976	$17.2M	Reduce -47.2%
CVS CVS Health Corp.	1.26%	253,427	$17.2M	Reduce -47.9%
MCK McKesson Corp.	1.25%	25,155	$16.9M	Reduce -54.5%
URI United Rentals Inc.	1.23%	26,754	$16.8M	Reduce -47.1%
CMI Cummins Inc.	1.23%	53,141	$16.7M	Reduce -60.4%
MRK Merck & Co. Inc.	1.16%	175,796	$15.8M	Reduce -33.2%
PWR Quanta Services Inc.	1.09%	58,546	$14.9M	Reduce -58.9%
STZ Constellation Brands Inc. Class A	1.09%	80,673	$14.8M	Reduce -34.8%
TMO Thermo Fisher Scientific Inc.	1.03%	28,220	$14.0M	Reduce -44.4%
CVX Chevron Corp.	1.02%	83,174	$13.9M	Reduce -53.7%
VLO Valero Energy Corp.	0.97%	99,794	$13.2M	Reduce -44.0%
SYK Stryker Corp.	0.95%	34,563	$12.9M	Reduce -60.7%
DTE DTE Energy Company	0.93%	91,596	$12.7M	Reduce -47.4%
TGT Target Corp.	0.93%	121,270	$12.7M	Reduce -38.5%
REGN Regeneron Pharmaceuticals	0.92%	19,793	$12.6M	Reduce -30.1%
COP Conocophillips	0.90%	116,776	$12.3M	Reduce -48.9%
PEG Public Service Enterprise GP	0.87%	143,380	$11.8M	Reduce -48.5%
DHR Danaher Corp.	0.85%	56,653	$11.6M	Reduce -46.3%
INCY Incyte Corp.	0.83%	186,831	$11.3M	Reduce -59.9%
SHW The Sherwin-Williams Co.	0.80%	31,075	$10.9M	Reduce -54.4%
CE Celanese Corp.	0.58%	139,139	$7.9M	Reduce -4.5%
V Visa Inc. Class A	0.52%	20,348	$7.1M	Add +9.4%
AVGO Broadcom Inc.	0.49%	40,108	$6.7M	Add +1.2%
JNJ Johnson & Johnson	0.39%	32,185	$5.3M	Add +12.6%
ABBV Abbvie Inc.	0.38%	24,621	$5.2M	Add +12.0%
IWD iShares Russell 1000 Value E	0.30%	21,800	$4.1M	Reduce -77.5%
TMUS T-Mobile US Inc.	0.25%	12,772	$3.4M	Add +12.1%
ACN Accenture PLC Class A	0.23%	9,857	$3.1M	Add +7.6%
AMGN Amgen Inc.	0.20%	8,942	$2.8M	Add +26.3%
T AT&T Inc.	0.19%	90,025	$2.5M	Add +7.6%
GILD Gilead Sciences Inc.	0.19%	22,660	$2.5M	Reduce -2.1%
BMY Bristol-Myers Squibb Co.	0.17%	38,309	$2.3M	Add +3.3%
MPC Marathon Petroleum Corp.	0.15%	14,239	$2.1M	Add +14.4%
ORLY O'reilly Automotive Inc.	0.15%	1,447	$2.1M	Reduce -2.7%
AON Aon PLC Class A	0.15%	5,094	$2.0M	Add +2.8%
QCOM Qualcomm Inc.	0.15%	13,137	$2.0M	Add +18.8%
NSC Norfolk Southern Corp.	0.14%	7,991	$1.9M	Add +12.3%
BKNG Booking Holdings Inc.	0.14%	401	$1.8M	Reduce -3.4%
CMCSA Comcast Corp. Class A	0.14%	49,874	$1.8M	Add +12.3%
TXN Texas Instruments Inc.	0.13%	10,173	$1.8M	Add +8.2%
INTU Intuit Inc.	0.13%	2,915	$1.8M	Add +4.8%
CAT Caterpillar Inc.	0.13%	5,225	$1.7M	Add +5.7%
VRTX Vertex Pharmaceuticals Inc.	0.12%	3,459	$1.7M	Add +14.5%
PCAR Paccar Inc.	0.12%	16,964	$1.7M	Reduce -1.7%
AZO AutoZone Inc.	0.12%	429	$1.6M	Reduce -5.1%
ADP Automatic Data Processing	0.11%	4,993	$1.5M	Add +8.2%
CB Chubb Ltd.	0.11%	5,013	$1.5M	Add +8.0%
LRCX Lam Research Corp.	0.11%	20,733	$1.5M	Add +15.1%
HLT Hilton Worldwide Holdings Inc.	0.11%	6,523	$1.5M	Add +6.4%
AMT American Tower Corp.	0.11%	6,650	$1.4M	New
CI The Cigna Group	0.10%	4,295	$1.4M	Add +23.9%
ELV Elevance Health Inc.	0.10%	3,237	$1.4M	New
HCA HCA Healthcare Inc.	0.10%	4,048	$1.4M	Add +27.2%
LYB Lyondellbasell Indu Class A	0.10%	19,777	$1.4M	Add +30.7%
HBAN Huntington Bancshares Inc.	0.10%	91,881	$1.4M	Reduce -3.5%
COR Cencora Inc.	0.10%	4,901	$1.4M	No change
MDLZ Mondelez International Inc. Class A	0.10%	19,960	$1.4M	Add +24.6%
CHTR Charter Communications Inc. Class A	0.10%	3,631	$1.3M	Add +5.1%
LMT Lockheed Martin Corp.	0.10%	2,982	$1.3M	Add +16.7%
MAR Marriott International Class A	0.10%	5,534	$1.3M	Reduce -2.0%
LNG Cheniere Energy Inc.	0.10%	5,639	$1.3M	Add +4.3%
PSX Phillips 66	0.09%	10,278	$1.3M	Add +8.9%
GM General Motors Co.	0.09%	26,863	$1.3M	Add +1.8%
MU Micron Technology Inc.	0.09%	14,361	$1.2M	New
FICO Fair Isaac Corp.	0.09%	659	$1.2M	Add +23.6%
UGI Ugi Corp.	0.09%	36,359	$1.2M	Reduce -10.4%
MMM 3M Co.	0.08%	7,823	$1.1M	Add +7.6%
NOC Northrop Grumman Corp.	0.08%	2,219	$1.1M	New
INGR Ingredion Inc.	0.08%	8,375	$1.1M	Reduce -0.8%
ZTS Zoetis Inc.	0.08%	6,782	$1.1M	Add +19.0%
CSX CSX Corp.	0.08%	37,782	$1.1M	Add +10.4%
YUM Yum! Brands Inc.	0.08%	7,025	$1.1M	Add +1.4%
PH Parker Hannifin Corp.	0.08%	1,769	$1.1M	Add +5.5%
GD General Dynamics Corp.	0.08%	3,915	$1.1M	New
EW Edwards Lifesciences Corp.	0.08%	14,429	$1.0M	Reduce -5.7%
OTIS Otis Worldwide Corp.	0.08%	9,995	$1.0M	Add +3.1%
DELL Dell Technologies -C	0.07%	11,164	$1.0M	Add +7.0%
MNST Monster Beverage Corp.	0.07%	17,229	$1.0M	No change
ABT Abbott Laboratories	0.07%	7,507	$996K	Reduce -68.8%
RTX RTX Corp.	0.07%	7,475	$990K	Add +23.9%
ED Consolidated Edison Inc.	0.07%	8,832	$977K	Add +23.9%
FTNT Fortinet Inc.	0.07%	10,137	$976K	Reduce -2.4%
KVUE Kenvue Inc.	0.07%	39,997	$959K	Add +11.6%
KR Kroger Co.	0.07%	14,112	$955K	No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD	0.07%	22,697	$949K	Add +15.0%
NVS Novartis AG-Sponsored ADR	0.07%	8,446	$942K	Add +34.1%
USB US Bancorp	0.07%	22,259	$940K	No change
KHC The Kraft Heinz Co.	0.07%	30,344	$923K	No change
UL Unilever PLC	0.07%	15,435	$919K	Add +20.6%
HAS Hasbro Inc.	0.07%	14,945	$919K	Add +46.4%
SPG Simon Property Group Inc.	0.07%	5,508	$915K	Add +2.4%
OHI Omega Healthcare Investors	0.07%	23,582	$898K	Add +26.0%
DFS Discover Financial Services	0.06%	5,158	$880K	Reduce -9.5%
CCI Crown Castle Inc.	0.06%	8,445	$880K	New
MSI Motorola Solutions Inc.	0.06%	2,008	$879K	Add +3.9%
HSY The Hershey Co.	0.06%	5,105	$873K	Add +23.3%
ACGL Arch Capital Group Ltd.	0.06%	9,075	$873K	Add +28.6%
PYPL PayPal Holdings Inc.	0.06%	13,347	$871K	Reduce -3.5%
LLY Eli Lilly & Co.	0.06%	1,054	$871K	Add +23.3%
HIG Hartford Insurance Group Inc.	0.06%	7,016	$868K	Add +14.1%
CTSH Cognizant Tech Solutions-A	0.06%	11,168	$854K	Add +6.2%
TFC Truist Financial Corp.	0.06%	20,638	$849K	Reduce -2.6%
IDXX Idexx Laboratories Inc.	0.06%	2,017	$847K	Add +30.1%
FDX FedEx Corp.	0.06%	3,437	$838K	No change
STT State Street Corp.	0.06%	9,328	$835K	Reduce -6.9%
CAH Cardinal Health Inc.	0.06%	6,049	$833K	Add +1.4%
PNC PNC Financial Services Group	0.06%	4,725	$831K	Reduce -4.5%
PRU Prudential Financial Inc.	0.06%	7,388	$825K	Add +4.4%
IT Gartner Inc.	0.06%	1,945	$816K	Add +1.5%
HD Home Depot Inc.	0.06%	2,227	$816K	Add +0.5%
EA Electronic Arts Inc.	0.06%	5,611	$811K	Add +24.0%
SRE Sempra	0.06%	11,334	$809K	Add +1.3%
RMD Resmed Inc.	0.06%	3,588	$803K	Add +21.4%
LULU Lululemon Athletica Inc.	0.06%	2,830	$801K	Reduce -6.3%
SNPS Synopsys Inc.	0.06%	1,858	$797K	New
CTVA Corteva Inc.	0.06%	12,640	$795K	Add +6.7%
IQV Iqvia Holdings Inc.	0.06%	4,477	$789K	No change
EQT Eqt Corp.	0.06%	14,734	$787K	Add +40.2%
A Agilent Technologies Inc.	0.06%	6,698	$784K	Add +24.0%
HUM Humana Inc.	0.06%	2,943	$779K	Add +1.7%
LEN Lennar Corp. Class A	0.06%	6,761	$776K	Add +41.4%
WBD Warner Bros Discovery Inc.	0.06%	71,553	$768K	New
EXR Extra Space Storage Inc.	0.06%	5,126	$761K	New
CNC Centene Corp.	0.06%	12,487	$758K	Add +12.4%
GEHC GE Healthcare Technology	0.06%	9,316	$752K	New
VRSN Verisign Inc.	0.05%	2,913	$740K	No change
EBAY eBay Inc.	0.05%	10,794	$731K	Add +9.9%
ETN Eaton Corp. PLC	0.05%	2,632	$715K	Reduce -0.8%
GIS General Mills Inc.	0.05%	11,867	$710K	Add +19.6%
NUE Nucor Corp.	0.05%	5,805	$699K	No change
IR Ingersoll-Rand Inc.	0.05%	8,719	$698K	Add +15.3%
WHR Whirlpool Corp.	0.05%	7,619	$687K	Reduce -9.3%
CBOE Cboe Global Markets Inc.	0.05%	3,028	$685K	Add +4.0%
FOXA Fox Corp. Class A	0.05%	12,069	$683K	Add +8.5%
FERG Ferguson Enterprises Inc.	0.05%	4,208	$674K	No change
RJF Raymond James Financial Inc.	0.05%	4,705	$654K	New
MTD Mettler-Toledo International	0.05%	541	$639K	Add +3.0%
DAL Delta Air Lines Inc.	0.05%	14,614	$637K	Reduce -10.4%
KEYS Keysight Technologies Inc.	0.05%	4,252	$637K	No change
FTV Fortive Corp.	0.05%	8,691	$636K	No change
MCHP Microchip Technology Inc.	0.05%	13,128	$636K	Add +15.5%
PPG PPG Industries Inc.	0.05%	5,700	$623K	Add +17.6%
FCNCA First Citizens Bcshs Class A	0.05%	336	$623K	No change
FITB Fifth Third Bancorp	0.05%	15,789	$619K	Add +6.5%
WAT Waters Corp.	0.05%	1,677	$618K	Reduce -1.4%
DVN Devon Energy Corp.	0.04%	16,292	$609K	New
MSCI MSCI Inc.	0.04%	1,075	$608K	New
VLTO Veralto Corp.	0.04%	6,230	$607K	Add +4.2%
CPAY Corpay Inc.	0.04%	1,736	$605K	Add +1.5%
LPLA LPL Financial Holdings Inc.	0.04%	1,846	$604K	Add +5.1%
ADM Archer-Daniels-Midland Co.	0.04%	11,779	$566K	Add +0.2%
NVR NVR Inc.	0.04%	77	$558K	No change
HAL Halliburton Co.	0.04%	21,701	$551K	Add +1.8%
ZM Zoom Communications Inc.	0.04%	7,366	$543K	Reduce -2.8%
PHM Pultegroup Inc.	0.04%	5,268	$542K	No change
CDW CDW Corp.	0.04%	3,324	$533K	No change
UAL United Airlines Holdings Inc.	0.04%	7,686	$531K	Reduce -3.7%
CTRA Coterra Energy Inc.	0.04%	18,122	$524K	Add +1.9%
SYF Synchrony Financial	0.04%	9,699	$513K	Add +1.4%
FDS Factset Research Systems Inc.	0.04%	1,112	$506K	Add +5.2%
NRG NRG Energy Inc.	0.04%	5,162	$493K	New
RF Regions Financial Corp.	0.04%	22,663	$492K	Add +3.6%
DPZ Domino's Pizza Inc.	0.04%	1,064	$489K	Add +22.4%
DG Dollar General Corp.	0.04%	5,541	$487K	No change
EXE Expand Energy Corp.	0.04%	4,342	$483K	Reduce -19.0%
PFG Principal Financial Group	0.04%	5,711	$482K	New
STLD Steel Dynamics Inc.	0.04%	3,831	$479K	No change
MOH Molina Healthcare Inc.	0.04%	1,448	$477K	No change
PTC PTC Inc.	0.03%	2,998	$465K	New
IP International Paper Co.	0.03%	8,669	$462K	Add +4.6%
CRBG Corebridge Financial Inc.	0.03%	14,587	$461K	No change
LDOS Leidos Holdings Inc.	0.03%	3,322	$448K	Add +1.6%
SNA Snap-on Inc.	0.03%	1,320	$445K	Add +2.2%
NTAP Netapp Inc.	0.03%	5,041	$443K	Add +11.6%
SMCI Super Micro Computer Inc.	0.03%	12,917	$442K	Add +25.9%
ON On Semiconductor	0.03%	10,443	$425K	No change
OMC Omnicom Group	0.03%	5,123	$425K	Add +8.5%
ULTA Ulta Beauty Inc.	0.03%	1,151	$422K	Add +0.8%
GPC Genuine Parts Co.	0.03%	3,472	$414K	No change
GEN Gen Digital Inc.	0.03%	15,301	$406K	Add +1.6%
DLTR Dollar Tree Inc.	0.03%	5,367	$403K	No change
RS Reliance Inc.	0.03%	1,391	$402K	No change
DVA Davita Inc.	0.03%	2,623	$401K	Reduce -2.0%
JBL Jabil Inc.	0.03%	2,934	$399K	No change
BBY Best Buy Co. Inc.	0.03%	5,287	$389K	Add +0.3%
BALL Ball Corp.	0.03%	7,382	$384K	New
FFIV F5 Inc.	0.03%	1,438	$383K	New
MAS Masco Corp.	0.03%	5,420	$377K	No change
UNM Unum Group	0.03%	4,609	$375K	Add +1.6%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC	0.03%	3,290	$375K	No change
JBHT Hunt (jb) Transprt SVCS Inc.	0.03%	2,491	$369K	Add +0.2%
PNR Pentair PLC	0.03%	4,144	$363K	Add +1.5%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC	0.03%	4,597	$359K	No change
DOC Healthpeak Properties Inc.	0.03%	17,648	$357K	Add +3.4%
HOLX Hologic Inc.	0.03%	5,744	$355K	Add +0.3%
BLDR Builders Firstsource Inc.	0.03%	2,837	$354K	Add +0.6%
RPRX Royalty Pharma PLC Class A	0.03%	11,265	$351K	Add +3.0%
UTHR United Therapeutics Corp.	0.03%	1,132	$349K	Add +3.7%
CNA Cna Financial Corp.	0.03%	6,829	$347K	Add +3.4%
WPC WP Carey Inc.	0.03%	5,490	$346K	Add +4.2%
AMCR Amcor PLC	0.03%	35,591	$345K	No change
CPT Camden Property Trust	0.02%	2,737	$335K	Add +6.6%
TXT Textron Inc.	0.02%	4,626	$334K	No change
BAH Booz Allen Hamilton Holdings	0.02%	3,182	$333K	Add +1.5%
SOLV Solventum Corp.	0.02%	4,266	$324K	New
RGA Reinsurance Group of America	0.02%	1,643	$324K	New
WLK Westlake Corp.	0.02%	3,232	$323K	Add +3.3%
RNR Renaissancere Holdings Ltd.	0.02%	1,344	$323K	No change
LBRDA Liberty Broadband-A	0.02%	3,768	$320K	Add +8.6%
ENTG Entegris Inc.	0.02%	3,655	$320K	New
ACI Albertsons Cos Inc. Class A	0.02%	14,517	$319K	Add +5.0%
THC Tenet Healthcare Corp.	0.02%	2,337	$314K	No change
ALLE Allegion PLC	0.02%	2,407	$314K	Add +2.4%
EWBC East West Bancorp Inc.	0.02%	3,444	$309K	Add +3.7%
OC Owens Corning	0.02%	2,158	$308K	No change
PFGC Performance Food Group Co.	0.02%	3,847	$302K	Add +0.7%
JNPR Juniper Networks Inc.	0.02%	8,315	$301K	Add +6.0%
PAYC Paycom Software Inc.	0.02%	1,366	$298K	No change
GL Globe Life Inc.	0.02%	2,235	$294K	No change
LAMR Lamar Advertising Co. Class A	0.02%	2,557	$291K	New
PR Permian Resources Corp. Class A	0.02%	19,947	$276K	Add +24.8%
EXEL Exelixis Inc.	0.02%	7,361	$272K	No change
IPG Interpublic Group of Cos Inc.	0.02%	9,976	$271K	Add +8.0%
BXP BXP Inc.	0.02%	3,994	$268K	Add +4.2%
ORI Old Republic Intl Corp.	0.02%	6,706	$263K	Add +4.0%
TOL Toll Brothers Inc.	0.02%	2,479	$262K	No change
BG Bunge Global SA	0.02%	3,417	$261K	Add +3.9%
VTRS Viatris Inc.	0.02%	29,873	$260K	Add +4.7%
DOX Amdocs Ltd.	0.02%	2,815	$258K	Add +1.2%
PCTY Paylocity Holding Corp.	0.02%	1,360	$255K	Add +0.8%
SWKS Skyworks Solutions Inc.	0.02%	3,907	$253K	Add +2.4%
CLH Clean Harbors Inc.	0.02%	1,279	$252K	Add +9.1%
HST Host Hotels & Resorts Inc.	0.02%	17,501	$249K	Add +1.8%
BRBR Bellring Brands Inc.	0.02%	3,290	$245K	Add +8.0%
PAG Penske Automotive Group Inc.	0.02%	1,668	$240K	Add +1.5%
PRI Primerica Inc.	0.02%	839	$239K	Add +5.3%
OGE Oge Energy Corp.	0.02%	5,155	$237K	New
MEDP Medpace Holdings Inc.	0.02%	765	$233K	Add +3.5%
DTM DT Midstream Inc.	0.02%	2,410	$233K	Add +6.5%
CNM Core & Main Inc. Class A	0.02%	4,775	$231K	Add +3.0%
BLD Topbuild Corp.	0.02%	756	$231K	No change
X United States Steel Corp.	0.02%	5,424	$229K	New
G Genpact Ltd.	0.02%	4,399	$222K	New
SIRI Sirius XM Holdings Inc.	0.02%	9,779	$220K	Add +5.1%
WBS Webster Financial Corp.	0.02%	4,249	$219K	Add +0.3%
MGM MGM Resorts International	0.02%	7,332	$217K	Add +0.4%
DBX Dropbox Inc. Class A	0.02%	8,096	$216K	No change
AM Antero Midstream Corp.	0.02%	11,955	$215K	New
MTCH Match Group Inc.	0.02%	6,880	$215K	Add +5.1%
CIEN Ciena Corp.	0.02%	3,552	$215K	New
BIRK Birkenstock Holding PLC	0.02%	4,667	$214K	New
SKX Skechers USA Inc. Class A	0.02%	3,761	$214K	No change
ENPH Enphase Energy Inc.	0.02%	3,397	$211K	No change
AXS Axis Capital Holdings Ltd.	0.02%	2,094	$210K	New
MOS The Mosaic Co.	0.02%	7,724	$209K	New
ALSN Allison Transmission Holding	0.02%	2,154	$206K	Add +4.1%
WMS Advanced Drainage Systems Inc.	0.02%	1,896	$206K	Add +8.7%
CACI Caci International Inc. Class A	0.02%	560	$205K	Add +3.5%
BRX Brixmor Property Group Inc.	0.02%	7,714	$205K	New
CHDN Churchill Downs Inc.	0.01%	1,830	$203K	Add +2.2%
MIDD Middleby Corp.	0.01%	1,336	$203K	New
NNN NNN REIT Inc.	0.01%	4,759	$203K	New
ALB Albemarle Corp.	0.01%	2,786	$201K	Add +1.3%

Portfolio Sells Q4 2024 → Q1 2025


APTV Aptiv Irish Holdings Ltd.	Sold out	0.00%	−1.29
PWR Quanta Services Inc.	Reduce -58.9%	1.09%	−0.86
CMI Cummins Inc.	Reduce -60.4%	1.23%	−0.81
JPM JPMorgan Chase & Co.	Reduce -61.2%	1.61%	−0.78
AMP Ameriprise Financial Inc.	Reduce -53.6%	1.59%	−0.64
WAB Wabtec Corp.	Reduce -57.8%	1.30%	−0.60
INCY Incyte Corp.	Reduce -59.9%	0.83%	−0.57
BAC Bank of America Corp.	Reduce -54.3%	1.47%	−0.53
DIS The Walt Disney Co.	Reduce -49.4%	1.66%	−0.53
CBRE CBRE Group Inc. Class A	Reduce -55.6%	1.55%	−0.52
ORCL Oracle Corp.	Reduce -42.2%	2.35%	−0.51
IWD iShares Russell 1000 Value E	Reduce -77.5%	0.30%	−0.48
FISV Fiserv Inc.	Reduce -56.6%	1.65%	−0.44
SYK Stryker Corp.	Reduce -60.7%	0.95%	−0.43
CSCO Cisco Systems Inc.	Reduce -50.6%	2.64%	−0.39
MET Metlife Inc.	Reduce -50.1%	1.62%	−0.34
HPQ HP Inc.	Reduce -39.5%	2.22%	−0.33
URI United Rentals Inc.	Reduce -47.1%	1.23%	−0.31
MA Mastercard Inc. Class A	Reduce -49.6%	2.03%	−0.26
TGT Target Corp.	Reduce -38.5%	0.93%	−0.23
SHW The Sherwin-Williams Co.	Reduce -54.4%	0.80%	−0.21
DHR Danaher Corp.	Reduce -46.3%	0.85%	−0.20
GOOGL Alphabet Inc. Class A	Reduce -32.4%	2.76%	−0.19
UNP Union Pacific Corp.	Reduce -49.5%	1.44%	−0.18
PEG Public Service Enterprise GP	Reduce -48.5%	0.87%	−0.15
TRV The Travelers Cos Inc.	Reduce -50.3%	1.81%	−0.15
CRM Salesforce Inc.	Sold out	0.00%	−0.12
MCK McKesson Corp.	Reduce -54.5%	1.25%	−0.12
TMO Thermo Fisher Scientific Inc.	Reduce -44.4%	1.03%	−0.11
CVX Chevron Corp.	Reduce -53.7%	1.02%	−0.11
STZ Constellation Brands Inc. Class A	Reduce -34.8%	1.09%	−0.10
AXP American Express Co.	Sold out	0.00%	−0.09
COP Conocophillips	Reduce -48.9%	0.90%	−0.08
AAPL Apple Inc.	Reduce -34.5%	4.37%	−0.08
APP AppLovin Corp. Class A	Sold out	0.00%	−0.06
APO Apollo Global Management Inc.	Sold out	0.00%	−0.06
ADI Analog Devices Inc.	Sold out	0.00%	−0.05
DRI Darden Restaurants Inc.	Reduce -48.2%	1.96%	−0.05
ABT Abbott Laboratories	Reduce -68.8%	0.07%	−0.05
KMI Kinder Morgan Inc.	Sold out	0.00%	−0.04
BNY Bank of New York Mellon Corp.	Sold out	0.00%	−0.04
ADBE Adobe Inc.	Reduce -32.4%	2.31%	−0.03
DECK Deckers Outdoor Corp.	Sold out	0.00%	−0.03
GLW Corning Inc.	Sold out	0.00%	−0.03
SYY Sysco Corp.	Sold out	0.00%	−0.03
HPE Hewlett Packard Enterprise	Sold out	0.00%	−0.03
DOV Dover Corp.	Sold out	0.00%	−0.03
TROW T Rowe Price Group Inc.	Sold out	0.00%	−0.03
EXPE Expedia Group Inc.	Sold out	0.00%	−0.03
GDDY GoDaddy Inc. Class A	Sold out	0.00%	−0.03

Portfolio Buys Q4 2024 → Q1 2025


APTV Aptiv PLC	New	1.65%	+1.65
NVDA Nvidia Corp.	Add +2.3%	1.56%	+0.44
V Visa Inc. Class A	Add +9.4%	0.52%	+0.27
JNJ Johnson & Johnson	Add +12.6%	0.39%	+0.21
ABBV Abbvie Inc.	Add +12.0%	0.38%	+0.21
TMUS T-Mobile US Inc.	Add +12.1%	0.25%	+0.14
AMGN Amgen Inc.	Add +26.3%	0.20%	+0.12
AMT American Tower Corp.	New	0.11%	+0.11
T AT&T Inc.	Add +7.6%	0.19%	+0.10
ELV Elevance Health Inc.	New	0.10%	+0.10
AVGO Broadcom Inc.	Add +1.2%	0.49%	+0.09
MU Micron Technology Inc.	New	0.09%	+0.09
ACN Accenture PLC Class A	Add +7.6%	0.23%	+0.09
NOC Northrop Grumman Corp.	New	0.08%	+0.08
BMY Bristol-Myers Squibb Co.	Add +3.3%	0.17%	+0.08
GD General Dynamics Corp.	New	0.08%	+0.08
MPC Marathon Petroleum Corp.	Add +14.4%	0.15%	+0.08
QCOM Qualcomm Inc.	Add +18.8%	0.15%	+0.07
AON Aon PLC Class A	Add +2.8%	0.15%	+0.07
VRTX Vertex Pharmaceuticals Inc.	Add +14.5%	0.12%	+0.07
NSC Norfolk Southern Corp.	Add +12.3%	0.14%	+0.07
CCI Crown Castle Inc.	New	0.06%	+0.06
CMCSA Comcast Corp. Class A	Add +12.3%	0.14%	+0.06
CI The Cigna Group	Add +23.9%	0.10%	+0.06
HCA HCA Healthcare Inc.	Add +27.2%	0.10%	+0.06
SNPS Synopsys Inc.	New	0.06%	+0.06
MDLZ Mondelez International Inc. Class A	Add +24.6%	0.10%	+0.06
TXN Texas Instruments Inc.	Add +8.2%	0.13%	+0.06
WBD Warner Bros Discovery Inc.	New	0.06%	+0.06
EXR Extra Space Storage Inc.	New	0.06%	+0.06
INTU Intuit Inc.	Add +4.8%	0.13%	+0.06
CB Chubb Ltd.	Add +8.0%	0.11%	+0.06
GEHC GE Healthcare Technology	New	0.06%	+0.06
LRCX Lam Research Corp.	Add +15.1%	0.11%	+0.05
LYB Lyondellbasell Indu Class A	Add +30.7%	0.10%	+0.05
ADP Automatic Data Processing	Add +8.2%	0.11%	+0.05
CAT Caterpillar Inc.	Add +5.7%	0.13%	+0.05
RJF Raymond James Financial Inc.	New	0.05%	+0.05
CHTR Charter Communications Inc. Class A	Add +5.1%	0.10%	+0.05
PSX Phillips 66	Add +8.9%	0.09%	+0.05
LNG Cheniere Energy Inc.	Add +4.3%	0.10%	+0.05
DVN Devon Energy Corp.	New	0.04%	+0.04
MSCI MSCI Inc.	New	0.04%	+0.04
ED Consolidated Edison Inc.	Add +23.9%	0.07%	+0.04
LMT Lockheed Martin Corp.	Add +16.7%	0.10%	+0.04
MMM 3M Co.	Add +7.6%	0.08%	+0.04
FICO Fair Isaac Corp.	Add +23.6%	0.09%	+0.04
HLT Hilton Worldwide Holdings Inc.	Add +6.4%	0.11%	+0.04
HAS Hasbro Inc.	Add +46.4%	0.07%	+0.04
NVS Novartis AG-Sponsored ADR	Add +34.1%	0.07%	+0.04

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