Edgemoor Investment Advisors, Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 7, 2024), Edgemoor Investment Advisors, Inc. reported 157 stock positions worth $1.1 billion. Its top holding was Microsoft (MSFT) at 9.5% of the portfolio, followed by Apple (AAPL, 7.5%) and Berkshire Hathaway Class B (BRK.B, 6.3%). Compared with Q1 2024, it opened 5 new positions, sold out of 9, added to 49 and reduced 64. The biggest buy was a new position in Alexandria Real Estate Equit (ARE) and the biggest sale CVS Health (CVS, shares −99%).

Most Recent 13F
Q2 2026
Location
BETHESDA, MD
CIK
0001313792
Portfolio Value
$1.1B (Q2 2024)
SEC Filing
0001398344-24-013997 ↗ filed Aug 7, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.0B Q1 2024 Q2 2024: $1.1B $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 157 stocks · $1.1B
MSFT Microsoft Corp. 9.54% 227,129 $101.5M Reduce -0.7%
AAPL Apple Inc. 7.52% 380,248 $80.1M Reduce -0.1%
BRK.B Berkshire Hathaway Inc. Class B 6.33% 165,650 $67.4M Reduce -1.9%
URI United Rentals Inc. 4.68% 77,057 $49.8M Add +1.0%
LOW Lowe's Cos Inc. 4.29% 207,345 $45.7M Add +0.5%
GOOG Alphabet Inc. Class C 4.21% 244,324 $44.8M Reduce -1.2%
AMAT Applied Materials Inc. 3.38% 152,253 $35.9M Reduce -0.6%
AMZN Amazon.com Inc. 3.27% 180,078 $34.8M Add +2.2%
LEN Lennar Corp. Class A 2.97% 211,177 $31.6M Reduce -0.1%
AVGO Broadcom Inc. 2.73% 18,091 $29.0M Reduce -0.4%
GOOGL Alphabet Inc. Class A 2.71% 158,436 $28.9M Add +0.4%
WSM Williams-Sonoma Inc. 2.62% 98,765 $27.9M Add +0.3%
VRTX Vertex Pharmaceuticals Inc. 2.50% 56,882 $26.7M Add +0.6%
NVDA Nvidia Corp. 1.91% 164,798 $20.4M Add +4.6%
BX Blackstone Inc. 1.85% 158,835 $19.7M Add +2.9%
GD General Dynamics Corp. 1.56% 57,386 $16.7M Add +1.7%
V Visa Inc. Class A 1.48% 60,030 $15.8M Add +2.5%
BLK BlackRock Finance Inc. 1.48% 20,008 $15.8M Add +7.0%
ARCC Ares Capital Corp. 1.41% 720,252 $15.0M Add +1.6%
NVS Novartis AG-Sponsored ADR 1.30% 129,969 $13.8M Reduce -2.9%
JCI Johnson Controls Internation 1.24% 197,762 $13.1M Add +3.4%
SCHW Schwab (charles) Corp. 1.21% 175,192 $12.9M Add +1.4%
AEP American Electric Power 1.05% 127,292 $11.2M Add +1.5%
SHEL Shell PLC-ADR 1.05% 154,501 $11.2M Add +8.0%
TSM Taiwan Semiconductor-SP ADR 1.01% 61,758 $10.7M Add +6.5%
SPG Simon Property Group Inc. 0.98% 69,026 $10.5M Add +46.6%
TMO Thermo Fisher Scientific Inc. 0.97% 18,593 $10.3M Add +4.5%
ICSH iShares Ultra Short Duration 0.96% 202,446 $10.2M Reduce -5.4%
DE Deere & Co. 0.90% 25,738 $9.6M Add +4.0%
VZ Verizon Communications Inc. 0.87% 223,812 $9.2M Add +3.7%
EPD Enterprise Products Partners 0.86% 315,850 $9.2M Add +0.9%
CCI Crown Castle Inc. 0.86% 93,557 $9.1M Reduce -1.2%
O Realty Income Corp. 0.83% 167,254 $8.8M Add +5.1%
C Citigroup Inc. 0.81% 135,284 $8.6M Add +7.4%
NEE Nextera Energy Inc. 0.74% 110,890 $7.9M Reduce -0.3%
FCT First Trust SNR FL RT Inc. II 0.68% 718,862 $7.2M Reduce -2.5%
PSA Public Storage 0.67% 24,892 $7.2M Add +13.5%
ARE Alexandria Real Estate Equit 0.67% 61,169 $7.2M New
SO The Southern Co. 0.66% 90,205 $7.0M Reduce -1.9%
ETR Entergy Corp. 0.62% 61,599 $6.6M Add +6.4%
DLR Digital Realty Trust Inc. 0.61% 42,627 $6.5M Add +5.2%
MRK Merck & Co. Inc. 0.60% 51,470 $6.4M Reduce -1.3%
CNP Centerpoint Energy Inc. 0.58% 200,591 $6.2M Reduce -0.5%
JEPI JPMorgan Equity Premium Inco 0.58% 108,519 $6.2M Add +19.1%
FISV Fiserv Inc. 0.56% 39,861 $5.9M Add +9.2%
BXMT Blackstone Mortgage Tru Class A 0.53% 325,171 $5.7M Reduce -4.9%
T AT&T Inc. 0.49% 270,573 $5.2M Add +3.5%
CWEN.A Clearway Energy Inc. Class A 0.44% 206,294 $4.7M Reduce -0.5%
AES AES Corp. 0.43% 262,658 $4.6M Reduce -10.6%
OKE Oneok Inc. 0.37% 48,566 $4.0M Reduce -0.7%
BCE Bce Inc. 0.36% 118,734 $3.8M Reduce -5.5%
IVV iShares Core S&P 500 ETF 0.35% 6,891 $3.8M Add +1.6%
KMI Kinder Morgan Inc. 0.34% 183,986 $3.7M Reduce -2.5%
BKNG Booking Holdings Inc. 0.34% 909 $3.6M Reduce -0.9%
PBA Pembina Pipeline Corp. 0.34% 96,523 $3.6M Reduce -3.7%
STWD Starwood Property Trust Inc. 0.33% 186,832 $3.5M Add +5.2%
ATO Atmos Energy Corp. 0.33% 29,882 $3.5M Reduce -1.4%
EVRG Evergy Inc. 0.30% 60,026 $3.2M Reduce -2.4%
BTZ BlackRock Credit Allocation 0.29% 287,551 $3.1M Reduce -1.4%
XEL Xcel Energy Inc. 0.19% 37,423 $2.0M Reduce -3.3%
CI The Cigna Group 0.18% 5,683 $1.9M No change
SHV iShares 0-1 Year Treasury Bo 0.18% 16,925 $1.9M Reduce -4.6%
EMO Clearbridge Energy Midstream 0.17% 45,141 $1.9M New
CTVA Corteva Inc. 0.17% 34,257 $1.8M Reduce -4.5%
BRK.A Berkshire Hathaway Inc. Class A 0.17% 3 $1.8M No change
JNJ Johnson & Johnson 0.17% 12,339 $1.8M Reduce -3.6%
DHR Danaher Corp. 0.17% 7,189 $1.8M Add +0.3%
WELL Welltower Inc. 0.16% 16,500 $1.7M No change
XOM Exxon Mobil Corp. 0.15% 13,815 $1.6M Add +10.5%
BEP Brookfield Renewable Partner 0.14% 61,464 $1.5M Reduce -1.3%
IJR iShares Core S&P Small-Cap E 0.14% 14,220 $1.5M Reduce -86.0%
KYN Kayne Anderson Energy Infra 0.14% 142,264 $1.5M Add +2.8%
IWF iShares Russell 1000 Growth 0.14% 3,952 $1.4M Reduce -0.8%
JPM JPMorgan Chase & Co. 0.13% 7,048 $1.4M Add +0.0%
MRSH Marsh & McLennan Cos 0.13% 6,449 $1.4M No change
GBDC Golub Capital BDC Inc. 0.12% 82,457 $1.3M No change
ORCL Oracle Corp. 0.12% 8,885 $1.3M No change
WY Weyerhaeuser Co. 0.12% 43,947 $1.2M Reduce -26.7%
PEP Pepsico Inc. 0.11% 6,806 $1.1M Reduce -1.2%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.11% 18,718 $1.1M No change
BEPC Brookfield Renewable Cor-A 0.10% 39,247 $1.1M Add +2.8%
LLY Eli Lilly & Co. 0.10% 1,209 $1.1M No change
ES Eversource Energy 0.10% 18,869 $1.1M No change
NZF Nuveen Municipal Credit Inc. 0.10% 84,781 $1.0M Add +179.8%
IJH iShares Core S&P Midcap ETF 0.10% 17,450 $1.0M Reduce -0.7%
VOO Vanguard S&P 500 ETF 0.10% 2,029 $1.0M No change
CVX Chevron Corp. 0.09% 6,064 $949K Add +1.7%
ED Consolidated Edison Inc. 0.08% 9,781 $875K No change
AGG iShares Core U.S. Aggregate 0.08% 8,900 $864K Add +5.6%
WMT Walmart Inc. 0.08% 12,490 $846K Add +0.0%
XFRAX BlackRock Fltng RT Inc. Strat 0.08% 64,652 $837K Add +191.0%
PG The Procter & Gamble Co. 0.07% 4,240 $699K Reduce -3.5%
CSX CSX Corp. 0.06% 20,250 $677K Reduce -4.3%
AMGN Amgen Inc. 0.06% 2,150 $672K Reduce -3.4%
HD Home Depot Inc. 0.06% 1,942 $669K Reduce -1.0%
BOTZ Global X Robotics & Artifici 0.06% 21,308 $657K No change
IPAC iShares Core MSCI Pacific Et 0.06% 10,620 $650K Reduce -13.8%
ADP Automatic Data Processing 0.06% 2,700 $644K No change
LMT Lockheed Martin Corp. 0.06% 1,359 $635K No change
MUB iShares National Muni Bond E 0.06% 5,890 $628K Add +65.5%

Show all 157 holdings

Other holdings (4): bonds, preferreds, convertibles and warrants · $10.3M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 3,564$4.2MReduce -6.3%
RLJ LODGING TRUST (RLJ 1.95 PERP A) CUM CONV PFD A 88,503$2.2MReduce -1.9%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 1,657$2.0MReduce -1.2%
EQUITY COMMONWEALTH (EQC 6.5 PERP D) 6.5% CNV PFD D 74,778$1.9MReduce -4.2%

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

Portfolio Sells Q1 2024 → Q2 2024
CVS CVS Health Corp. Reduce -98.5% 0.02% −1.79
IJR iShares Core S&P Small-Cap E Reduce -86.0% 0.14% −0.93
LEN Lennar Corp. Class A Reduce -0.1% 2.97% −0.50
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.9% 6.33% −0.45
CEM Clearbridge MLP & Midstream Sold out 0.00% −0.20
BXMT Blackstone Mortgage Tru Class A Reduce -4.9% 0.53% −0.12
CAVA Cava Group Inc. Sold out 0.00% −0.10
CCI Crown Castle Inc. Reduce -1.2% 0.86% −0.10
WY Weyerhaeuser Co. Reduce -26.7% 0.12% −0.09
ICSH iShares Ultra Short Duration Reduce -5.4% 0.96% −0.07
AES AES Corp. Reduce -10.6% 0.43% −0.07
MRK Merck & Co. Inc. Reduce -1.3% 0.60% −0.06
FCT First Trust SNR FL RT Inc. II Reduce -2.5% 0.68% −0.05
BCE Bce Inc. Reduce -5.5% 0.36% −0.05
DIS The Walt Disney Co. Sold out 0.00% −0.03
IEMG iShares Core MSCI Emerging Reduce -46.2% 0.03% −0.03
INTC Intel Corp. Sold out 0.00% −0.02
CTVA Corteva Inc. Reduce -4.5% 0.17% −0.02
JNJ Johnson & Johnson Reduce -3.6% 0.17% −0.02
ACN Accenture PLC Class A Sold out 0.00% −0.02
VTR Ventas Inc. Reduce -52.4% 0.02% −0.02
GPC Genuine Parts Co. Sold out 0.00% −0.02
MAR Marriott International Class A Sold out 0.00% −0.02
CE Celanese Corp. Sold out 0.00% −0.02
PPG PPG Industries Inc. Sold out 0.00% −0.02
ATO Atmos Energy Corp. Reduce -1.4% 0.33% −0.02
NSC Norfolk Southern Corp. Reduce -4.4% 0.06% −0.02
EVRG Evergy Inc. Reduce -2.4% 0.30% −0.01
IPAC iShares Core MSCI Pacific Et Reduce -13.8% 0.06% −0.01
SHV iShares 0-1 Year Treasury Bo Reduce -4.6% 0.18% −0.01
CSX CSX Corp. Reduce -4.3% 0.06% −0.01
XEL Xcel Energy Inc. Reduce -3.3% 0.19% −0.01
PEP Pepsico Inc. Reduce -1.2% 0.11% −0.01
HD Home Depot Inc. Reduce -1.0% 0.06% −0.01
BTZ BlackRock Credit Allocation Reduce -1.4% 0.29% −0.01
IVE iShares S&P 500 Value ETF Reduce -7.0% 0.06% −0.01
PFE Pfizer Inc. Reduce -10.9% 0.05% −0.01
NKE Nike Inc. Class B Reduce -1.6% 0.02% −0.01
IJH iShares Core S&P Midcap ETF Reduce -0.7% 0.10% −0.01
FTV Fortive Corp. Reduce -0.8% 0.02% −0.00
MCD McDonald's Corp. Reduce -2.0% 0.03% −0.00
CSCO Cisco Systems Inc. Reduce -0.6% 0.05% −0.00
ABT Abbott Laboratories Reduce -0.6% 0.03% −0.00
DOW Dow Inc. Reduce -1.1% 0.02% −0.00
DGRW Wisdomtree U.S. Quality Divi Reduce -12.1% 0.02% −0.00
OKE Oneok Inc. Reduce -0.7% 0.37% −0.00
PG The Procter & Gamble Co. Reduce -3.5% 0.07% −0.00
PBA Pembina Pipeline Corp. Reduce -3.7% 0.34% −0.00
IEFA iShares Core MSCI Eafe ETF Reduce -1.4% 0.03% −0.00
PAYX Paychex Inc. Reduce -3.1% 0.02% −0.00

Portfolio Buys Q1 2024 → Q2 2024
ARE Alexandria Real Estate Equit New 0.67% +0.67
NVDA Nvidia Corp. Add +4.6% 1.91% +0.55
GOOGL Alphabet Inc. Class A Add +0.4% 2.71% +0.44
SPG Simon Property Group Inc. Add +46.6% 0.98% +0.28
TSM Taiwan Semiconductor-SP ADR Add +6.5% 1.01% +0.26
VRTX Vertex Pharmaceuticals Inc. Add +0.6% 2.50% +0.25
AMZN Amazon.com Inc. Add +2.2% 3.27% +0.23
EMO Clearbridge Energy Midstream New 0.17% +0.17
SHEL Shell PLC-ADR Add +8.0% 1.05% +0.13
JEPI JPMorgan Equity Premium Inco Add +19.1% 0.58% +0.07
PSA Public Storage Add +13.5% 0.67% +0.07
NZF Nuveen Municipal Credit Inc. Add +179.8% 0.10% +0.06
DLR Digital Realty Trust Inc. Add +5.2% 0.61% +0.05
XFRAX BlackRock Fltng RT Inc. Strat Add +191.0% 0.08% +0.05
T AT&T Inc. Add +3.5% 0.49% +0.05
C Citigroup Inc. Add +7.4% 0.81% +0.05
GD General Dynamics Corp. Add +1.7% 1.56% +0.04
JCI Johnson Controls Internation Add +3.4% 1.24% +0.04
ETR Entergy Corp. Add +6.4% 0.62% +0.03
SUB iShares Short-Term National New 0.03% +0.03
MUB iShares National Muni Bond E Add +65.5% 0.06% +0.02
CARR Carrier Global Corp. New 0.02% +0.02
SCHW Schwab (charles) Corp. Add +1.4% 1.21% +0.02
XLK SS Technology Select Sector New 0.02% +0.02
AEP American Electric Power Add +1.5% 1.05% +0.02
BEPC Brookfield Renewable Cor-A Add +2.8% 0.10% +0.01
IVV iShares Core S&P 500 ETF Add +1.6% 0.35% +0.01
XOM Exxon Mobil Corp. Add +10.5% 0.15% +0.01
O Realty Income Corp. Add +5.1% 0.83% +0.01
WMT Walmart Inc. Add +0.0% 0.08% +0.01
COST Costco Wholesale Corp. Add +1.9% 0.05% +0.01
KYN Kayne Anderson Energy Infra Add +2.8% 0.14% +0.01
DUK Duke Energy Corp. Add +21.9% 0.03% +0.01
AGG iShares Core U.S. Aggregate Add +5.6% 0.08% +0.00
USIG iShares Broad Usd Investment Add +6.8% 0.06% +0.00
HON Honeywell International Inc. Add +5.4% 0.03% +0.00
VZ Verizon Communications Inc. Add +3.7% 0.87% +0.00
FISV Fiserv Inc. Add +9.2% 0.56% +0.00
PFF iShares Preferred & Income S Add +6.9% 0.03% +0.00
ARCC Ares Capital Corp. Add +1.6% 1.41% −0.00
CVX Chevron Corp. Add +1.7% 0.09% −0.00
JPM JPMorgan Chase & Co. Add +0.0% 0.13% −0.00
DHR Danaher Corp. Add +0.3% 0.17% −0.00
ABBV Abbvie Inc. Add +0.1% 0.03% −0.00
BLK BlackRock Finance Inc. Add +7.0% 1.48% −0.01
EPD Enterprise Products Partners Add +0.9% 0.86% −0.01
STWD Starwood Property Trust Inc. Add +5.2% 0.33% −0.01
TMO Thermo Fisher Scientific Inc. Add +4.5% 0.97% −0.02
DE Deere & Co. Add +4.0% 0.90% −0.07
V Visa Inc. Class A Add +2.5% 1.48% −0.08

Notes & Other Activity Q1 2024 → Q2 2024
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -6.3% 3,564 $4.2M
RLJ LODGING TRUST (RLJ 1.95 PERP A) CUM CONV PFD A Reduce -1.9% 88,503 $2.2M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Reduce -1.2% 1,657 $2.0M
EQUITY COMMONWEALTH (EQC 6.5 PERP D) 6.5% CNV PFD D Reduce -4.2% 74,778 $1.9M

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