Edgemoor Investment Advisors, Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Edgemoor Investment Advisors, Inc. reported 161 stock positions worth $1.0 billion. Its top holding was Microsoft (MSFT) at 9.2% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 6.8%) and Apple (AAPL, 6.2%). Compared with Q4 2023, it opened 10 new positions, sold out of 4, added to 63 and reduced 51. The biggest buy was Nvidia (NVDA, shares +105%) and the biggest sale Apple (AAPL, shares −1%).

Most Recent 13F
Q2 2026
Location
BETHESDA, MD
CIK
0001313792
Portfolio Value
$1.0B (Q1 2024)
SEC Filing
0001398344-24-009070 ↗ filed May 9, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.0B $1.0B Q1 2024 Q2 2024: $1.1B Q2 2024 Q3 2024: $1.1B Q3 2024 Q4 2024: $1.1B Q4 2024 Q1 2025: $1.1B Q1 2025 Q2 2025: $1.2B Q2 2025 Q3 2025: $1.3B Q3 2025 Q4 2025: $1.3B Q4 2025 Q1 2026: $1.3B Q1 2026 Q2 2026: $1.5B Q2 2026

Holdings 161 stocks · $1.0B
MSFT Microsoft Corp. 9.19% 228,708 $96.2M Reduce -1.2%
BRK.B Berkshire Hathaway Inc. Class B 6.78% 168,766 $71.0M Reduce -0.2%
AAPL Apple Inc. 6.24% 380,785 $65.3M Reduce -0.9%
URI United Rentals Inc. 5.26% 76,322 $55.0M Reduce -1.9%
LOW Lowe's Cos Inc. 5.02% 206,242 $52.5M Reduce -1.4%
GOOG Alphabet Inc. Class C 3.60% 247,212 $37.6M Reduce -1.6%
LEN Lennar Corp. Class A 3.47% 211,424 $36.4M Add +0.8%
AMZN Amazon.com Inc. 3.04% 176,142 $31.8M Add +1.0%
AMAT Applied Materials Inc. 3.02% 153,240 $31.6M Reduce -1.8%
WSM Williams-Sonoma Inc. 2.99% 98,520 $31.3M Reduce -2.2%
AVGO Broadcom Inc. 2.30% 18,157 $24.1M Reduce -2.8%
GOOGL Alphabet Inc. Class A 2.27% 157,762 $23.8M Add +1.0%
VRTX Vertex Pharmaceuticals Inc. 2.26% 56,532 $23.6M Add +0.3%
BX Blackstone Inc. 1.94% 154,321 $20.3M Add +0.1%
CVS CVS Health Corp. 1.81% 237,011 $18.9M Reduce -5.5%
V Visa Inc. Class A 1.56% 58,541 $16.3M Add +2.0%
GD General Dynamics Corp. 1.52% 56,402 $15.9M Add +0.7%
BLK BlackRock Finance Inc. 1.49% 18,693 $15.6M Reduce -0.4%
ARCC Ares Capital Corp. 1.41% 709,072 $14.8M Add +4.4%
NVDA Nvidia Corp. 1.36% 15,754 $14.2M Add +104.5%
NVS Novartis AG-Sponsored ADR 1.24% 133,877 $13.0M Reduce -1.0%
SCHW Schwab (charles) Corp. 1.19% 172,736 $12.5M Add +1.1%
JCI Johnson Controls Internation 1.19% 191,271 $12.5M Add +3.8%
IJR iShares Core S&P Small-Cap E 1.07% 101,353 $11.2M Add +1.4%
ICSH iShares Ultra Short Duration 1.03% 214,045 $10.8M Add +5.7%
AEP American Electric Power 1.03% 125,380 $10.8M Add +5.3%
TMO Thermo Fisher Scientific Inc. 0.99% 17,784 $10.3M Add +13.5%
DE Deere & Co. 0.97% 24,756 $10.2M Add +5.1%
CCI Crown Castle Inc. 0.96% 94,685 $10.0M Add +1.8%
SHEL Shell PLC-ADR 0.92% 143,094 $9.6M Add +5.6%
EPD Enterprise Products Partners 0.87% 312,871 $9.1M Add +2.5%
VZ Verizon Communications Inc. 0.87% 215,855 $9.1M Add +6.5%
O Realty Income Corp. 0.82% 159,076 $8.6M Add +10.9%
C Citigroup Inc. 0.76% 125,946 $8.0M Add +2.0%
TSM Taiwan Semiconductor-SP ADR 0.75% 57,964 $7.9M Add +119.2%
FCT First Trust SNR FL RT Inc. II 0.73% 737,329 $7.6M Reduce -1.3%
SPG Simon Property Group Inc. 0.70% 47,085 $7.4M Add +4.7%
NEE Nextera Energy Inc. 0.68% 111,224 $7.1M Reduce -1.5%
MRK Merck & Co. Inc. 0.66% 52,163 $6.9M Reduce -3.4%
BXMT Blackstone Mortgage Tru Class A 0.65% 342,010 $6.8M Add +3.3%
SO The Southern Co. 0.63% 91,915 $6.6M Reduce -1.1%
PSA Public Storage 0.61% 21,923 $6.4M Add +32.1%
ETR Entergy Corp. 0.58% 57,907 $6.1M Add +12.7%
DLR Digital Realty Trust Inc. 0.56% 40,526 $5.8M Add +10.0%
FISV Fiserv Inc. 0.56% 36,495 $5.8M Add +7.4%
CNP Centerpoint Energy Inc. 0.55% 201,578 $5.7M Reduce -3.3%
JEPI JPMorgan Equity Premium Inco 0.50% 91,140 $5.3M Add +48.4%
AES AES Corp. 0.50% 293,658 $5.3M New
T AT&T Inc. 0.44% 261,295 $4.6M Add +22.0%
CWEN.A Clearway Energy Inc. Class A 0.43% 207,252 $4.5M Add +5.4%
BCE Bce Inc. 0.41% 125,685 $4.3M Add +17.0%
OKE Oneok Inc. 0.37% 48,893 $3.9M Reduce -0.3%
STWD Starwood Property Trust Inc. 0.34% 177,657 $3.6M Add +14.2%
ATO Atmos Energy Corp. 0.34% 30,294 $3.6M Reduce -0.5%
IVV iShares Core S&P 500 ETF 0.34% 6,781 $3.6M No change
PBA Pembina Pipeline Corp. 0.34% 100,276 $3.5M Reduce -0.8%
KMI Kinder Morgan Inc. 0.33% 188,754 $3.5M Reduce -0.6%
BKNG Booking Holdings Inc. 0.32% 917 $3.3M Add +3.6%
EVRG Evergy Inc. 0.31% 61,476 $3.3M Add +4.4%
BTZ BlackRock Credit Allocation 0.30% 291,724 $3.1M Reduce -7.8%
WY Weyerhaeuser Co. 0.21% 59,961 $2.2M Reduce -6.8%
XEL Xcel Energy Inc. 0.20% 38,686 $2.1M No change
CTVA Corteva Inc. 0.20% 35,869 $2.1M Reduce -3.6%
CEM Clearbridge MLP & Midstream 0.20% 45,147 $2.1M Add +41.4%
CI The Cigna Group 0.20% 5,683 $2.1M No change
JNJ Johnson & Johnson 0.19% 12,798 $2.0M Add +0.1%
SHV iShares 0-1 Year Treasury Bo 0.19% 17,740 $2.0M Reduce -0.6%
BRK.A Berkshire Hathaway Inc. Class A 0.18% 3 $1.9M No change
DHR Danaher Corp. 0.17% 7,169 $1.8M Reduce -6.7%
WELL Welltower Inc. 0.15% 16,500 $1.5M No change
XOM Exxon Mobil Corp. 0.14% 12,500 $1.5M Add +0.7%
BEP Brookfield Renewable Partner 0.14% 62,264 $1.4M Add +9.1%
JPM JPMorgan Chase & Co. 0.13% 7,047 $1.4M Add +7.9%
KYN Kayne Anderson Energy Infra 0.13% 138,334 $1.4M Add +17.9%
GBDC Golub Capital BDC Inc. 0.13% 82,457 $1.4M Reduce -2.9%
IWF iShares Russell 1000 Growth 0.13% 3,982 $1.3M No change
MRSH Marsh & McLennan Cos 0.13% 6,449 $1.3M Reduce -0.4%
PEP Pepsico Inc. 0.12% 6,886 $1.2M Reduce -3.6%
ES Eversource Energy 0.11% 18,869 $1.1M No change
ORCL Oracle Corp. 0.11% 8,885 $1.1M No change
CAVA Cava Group Inc. 0.10% 15,492 $1.1M Reduce -3.1%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.10% 18,718 $1.1M No change
IJH iShares Core S&P Midcap ETF 0.10% 17,575 $1.1M No change
VOO Vanguard S&P 500 ETF 0.09% 2,029 $975K No change
CVX Chevron Corp. 0.09% 5,964 $941K Add +10.2%
LLY Eli Lilly & Co. 0.09% 1,209 $941K Add +1.3%
BEPC Brookfield Renewable Cor-A 0.09% 38,196 $938K Add +114.6%
ED Consolidated Edison Inc. 0.08% 9,781 $888K No change
AGG iShares Core U.S. Aggregate 0.08% 8,425 $825K Add +3.1%
CSX CSX Corp. 0.07% 21,157 $784K Reduce -7.5%
IPAC iShares Core MSCI Pacific Et 0.07% 12,320 $780K No change
NSC Norfolk Southern Corp. 0.07% 3,022 $770K Reduce -11.6%
HD Home Depot Inc. 0.07% 1,961 $752K Add +34.0%
WMT Walmart Inc. 0.07% 12,488 $751K Add +5.5%
PG The Procter & Gamble Co. 0.07% 4,395 $713K Add +4.0%
BOTZ Global X Robotics & Artifici 0.06% 21,308 $678K Add +0.0%
ADP Automatic Data Processing 0.06% 2,700 $674K Reduce -3.0%
IVE iShares S&P 500 Value ETF 0.06% 3,590 $671K No change
AMGN Amgen Inc. 0.06% 2,225 $633K Reduce -3.0%
LMT Lockheed Martin Corp. 0.06% 1,359 $618K Reduce -29.9%

Show all 161 holdings

Other holdings (4): bonds, preferreds, convertibles and warrants · $10.8M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 3,802$4.6MAdd +7.3%
RLJ LODGING TRUST (RLJ 1.95 PERP A) CUM CONV PFD A 90,253$2.2MReduce -4.9%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 1,677$2.0MReduce -2.0%
EQUITY COMMONWEALTH (EQC 6.5 PERP D) 6.5% CNV PFD D 78,018$2.0MReduce -2.3%

Total filed on the 13F, all lines: $1.1B.

Portfolio Sells Q4 2023 → Q1 2024
AAPL Apple Inc. Reduce -0.9% 6.24% −1.64
IEMG iShares Core MSCI Emerging Reduce -88.3% 0.06% −0.49
DIS The Walt Disney Co. Reduce -94.6% 0.03% −0.37
CVS CVS Health Corp. Reduce -5.5% 1.81% −0.30
NVS Novartis AG-Sponsored ADR Reduce -1.0% 1.24% −0.22
GOOG Alphabet Inc. Class C Reduce -1.6% 3.60% −0.17
BLK BlackRock Finance Inc. Reduce -0.4% 1.49% −0.13
CNP Centerpoint Energy Inc. Reduce -3.3% 0.55% −0.09
MSFT Microsoft Corp. Reduce -1.2% 9.19% −0.08
FCT First Trust SNR FL RT Inc. II Reduce -1.3% 0.73% −0.07
SO The Southern Co. Reduce -1.1% 0.63% −0.06
NEE Nextera Energy Inc. Reduce -1.5% 0.68% −0.05
BTZ BlackRock Credit Allocation Reduce -7.8% 0.30% −0.05
IDXX Idexx Laboratories Inc. Sold out 0.00% −0.04
PPL PPL Corp. Sold out 0.00% −0.04
LMT Lockheed Martin Corp. Reduce -29.9% 0.06% −0.03
WY Weyerhaeuser Co. Reduce -6.8% 0.21% −0.03
PBA Pembina Pipeline Corp. Reduce -0.8% 0.34% −0.03
ATO Atmos Energy Corp. Reduce -0.5% 0.34% −0.03
VTR Ventas Inc. Reduce -21.7% 0.04% −0.03
KMI Kinder Morgan Inc. Reduce -0.6% 0.33% −0.03
SHV iShares 0-1 Year Treasury Bo Reduce -0.6% 0.19% −0.02
DHR Danaher Corp. Reduce -6.7% 0.17% −0.02
BBN BlackRock Taxable Muni BND Sold out 0.00% −0.02
TXN Texas Instruments Inc. Reduce -21.5% 0.04% −0.01
PEP Pepsico Inc. Reduce -3.6% 0.12% −0.01
NSC Norfolk Southern Corp. Reduce -11.6% 0.07% −0.01
ORLY O'reilly Automotive Inc. Reduce -26.6% 0.04% −0.01
INTC Intel Corp. Reduce -10.1% 0.02% −0.01
ACN Accenture PLC Class A Reduce -23.4% 0.02% −0.01
AMGN Amgen Inc. Reduce -3.0% 0.06% −0.01
CSX CSX Corp. Reduce -7.5% 0.07% −0.01
COMP Compass Inc. Class A Sold out 0.00% −0.01
PM Philip Morris International Reduce -11.1% 0.02% −0.01
UNH Unitedhealth Group Inc. Reduce -3.1% 0.03% −0.01
MCD McDonald's Corp. Reduce -1.5% 0.03% −0.01
GBDC Golub Capital BDC Inc. Reduce -2.9% 0.13% −0.01
KO The Coca-Cola Co. Reduce -8.4% 0.03% −0.01
JFR Nuveen Floating Rate Income Reduce -4.6% 0.06% −0.01
ADP Automatic Data Processing Reduce -3.0% 0.06% −0.00
MRSH Marsh & McLennan Cos Reduce -0.4% 0.13% −0.00
MAR Marriott International Class A Reduce -12.7% 0.02% −0.00
IWS iShares Russell Mid-Cap Valu Reduce -5.5% 0.02% −0.00
VLTO Veralto Corp. Reduce -3.0% 0.02% −0.00
FTV Fortive Corp. Reduce -0.8% 0.03% +0.00
OKE Oneok Inc. Reduce -0.3% 0.37% +0.01
CTVA Corteva Inc. Reduce -3.6% 0.20% +0.01
CAVA Cava Group Inc. Reduce -3.1% 0.10% +0.03
MRK Merck & Co. Inc. Reduce -3.4% 0.66% +0.03
LOW Lowe's Cos Inc. Reduce -1.4% 5.02% +0.06

Portfolio Buys Q4 2023 → Q1 2024
NVDA Nvidia Corp. Add +104.5% 1.36% +0.95
AES AES Corp. New 0.50% +0.50
TSM Taiwan Semiconductor-SP ADR Add +119.2% 0.75% +0.46
AMZN Amazon.com Inc. Add +1.0% 3.04% +0.21
LEN Lennar Corp. Class A Add +0.8% 3.47% +0.15
JEPI JPMorgan Equity Premium Inco Add +48.4% 0.50% +0.14
TMO Thermo Fisher Scientific Inc. Add +13.5% 0.99% +0.10
C Citigroup Inc. Add +2.0% 0.76% +0.08
FISV Fiserv Inc. Add +7.4% 0.56% +0.08
PSA Public Storage Add +32.1% 0.61% +0.07
JCI Johnson Controls Internation Add +3.8% 1.19% +0.06
CEM Clearbridge MLP & Midstream Add +41.4% 0.20% +0.06
T AT&T Inc. Add +22.0% 0.44% +0.06
VZ Verizon Communications Inc. Add +6.5% 0.87% +0.05
NZF Nuveen Municipal Credit Inc. New 0.04% +0.04
BEPC Brookfield Renewable Cor-A Add +114.6% 0.09% +0.04
ETR Entergy Corp. Add +12.7% 0.58% +0.03
DLR Digital Realty Trust Inc. Add +10.0% 0.56% +0.03
XFRAX BlackRock Fltng RT Inc. Strat New 0.03% +0.03
DGRW Wisdomtree U.S. Quality Divi New 0.03% +0.03
ETN Eaton Corp. PLC New 0.02% +0.02
KYN Kayne Anderson Energy Infra Add +17.9% 0.13% +0.02
SPG Simon Property Group Inc. Add +4.7% 0.70% +0.02
GS Goldman Sachs Group Inc. New 0.02% +0.02
AXP American Express Co. New 0.02% +0.02
CL Colgate-Palmolive Co. New 0.02% +0.02
GPC Genuine Parts Co. New 0.02% +0.02
CE Celanese Corp. New 0.02% +0.02
HD Home Depot Inc. Add +34.0% 0.07% +0.02
JPM JPMorgan Chase & Co. Add +7.9% 0.13% +0.02
LLY Eli Lilly & Co. Add +1.3% 0.09% +0.02
EPD Enterprise Products Partners Add +2.5% 0.87% +0.02
COST Costco Wholesale Corp. Add +19.1% 0.04% +0.01
XOM Exxon Mobil Corp. Add +0.7% 0.14% +0.01
WMT Walmart Inc. Add +5.5% 0.07% +0.01
ABBV Abbvie Inc. Add +9.3% 0.04% +0.00
CVX Chevron Corp. Add +10.2% 0.09% +0.00
QCOM Qualcomm Inc. Add +1.5% 0.04% +0.00
PG The Procter & Gamble Co. Add +4.0% 0.07% +0.00
RTX RTX Corp. Add +0.9% 0.04% +0.00
AEP American Electric Power Add +5.3% 1.03% +0.00
PFF iShares Preferred & Income S Add +11.6% 0.03% +0.00
BOTZ Global X Robotics & Artifici Add +0.0% 0.06% +0.00
ABT Abbott Laboratories Add +6.7% 0.03% −0.00
COP Conocophillips Add +0.3% 0.03% −0.00
MO Altria Group Inc. Add +0.7% 0.02% −0.00
STWD Starwood Property Trust Inc. Add +14.2% 0.34% −0.00
HON Honeywell International Inc. Add +0.7% 0.02% −0.00
USIG iShares Broad Usd Investment Add +4.7% 0.05% −0.00
CSCO Cisco Systems Inc. Add +0.7% 0.05% −0.01

Notes & Other Activity Q4 2023 → Q1 2024
AES CORP/THE (AES 6.875 02/15/24) UNIT 02/15/2024 Sold out 77,379 $5.9Mbefore exit
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Add +7.3% 3,802 $4.6M
RLJ LODGING TRUST (RLJ 1.95 PERP A) CUM CONV PFD A Reduce -4.9% 90,253 $2.2M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Reduce -2.0% 1,677 $2.0M
EQUITY COMMONWEALTH (EQC 6.5 PERP D) 6.5% CNV PFD D Reduce -2.3% 78,018 $2.0M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 185$1.5BAMAT, AAPL, URI, MSFT, BRK.B
Q1 2026 167$1.3BAAPL, MSFT, BRK.B, GOOG, AVGO
Q4 2025 172$1.3BMSFT, AAPL, BRK.B, GOOG, AVGO
Q3 2025 187$1.3BMSFT, AAPL, BRK.B, URI, AVGO
Q2 2025 167$1.2BMSFT, BRK.B, AAPL, URI, AVGO
Q1 2025 158$1.1BBRK.B, MSFT, AAPL, LOW, URI
Q4 2024 165$1.1BMSFT, AAPL, BRK.B, URI, LOW
Q3 2024 161$1.1BMSFT, AAPL, BRK.B, URI, LOW
Q2 2024 157$1.1BMSFT, AAPL, BRK.B, URI, LOW
Q1 2024 161$1.0BMSFT, BRK.B, AAPL, URI, LOW