Edgemoor Investment Advisors, Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Edgemoor Investment Advisors, Inc. reported 161 stock positions worth $1.1 billion. Its top holding was Microsoft (MSFT) at 8.3% of the portfolio, followed by Apple (AAPL, 7.6%) and Berkshire Hathaway Class B (BRK.B, 6.5%). Compared with Q2 2024, it opened 6 new positions, sold out of 2, added to 65 and reduced 57. The biggest buy was a new position in Vertiv Class A (VRT) and the biggest sale Microsoft (MSFT, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- BETHESDA, MD
- CIK
- 0001313792
- Portfolio Value
- $1.1B (Q3 2024)
- SEC Filing
- 0001398344-24-020440 ↗ filed Nov 12, 2024
Holdings Value
Holdings 161 stocks · $1.1B
| MSFT Microsoft Corp. | 8.32% | 220,253 | $94.8M | Reduce -3.0% |
| AAPL Apple Inc. | 7.62% | 372,556 | $86.8M | Reduce -2.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 6.54% | 162,026 | $74.6M | Reduce -2.2% |
| URI United Rentals Inc. | 5.40% | 76,030 | $61.6M | Reduce -1.3% |
| LOW Lowe's Cos Inc. | 4.83% | 203,114 | $55.0M | Reduce -2.0% |
| GOOG Alphabet Inc. Class C | 3.52% | 239,707 | $40.1M | Reduce -1.9% |
| LEN Lennar Corp. Class A | 3.45% | 209,799 | $39.3M | Reduce -0.7% |
| AMZN Amazon.com Inc. | 2.99% | 182,668 | $34.0M | Add +1.4% |
| AVGO Broadcom Inc. | 2.73% | 180,380 | $31.1M | Reduce -0.3% |
| AMAT Applied Materials Inc. | 2.71% | 152,762 | $30.9M | Add +0.3% |
| WSM Williams-Sonoma Inc. | 2.63% | 193,474 | $30.0M | Reduce -2.0% |
| GOOGL Alphabet Inc. Class A | 2.34% | 160,715 | $26.7M | Add +1.4% |
| VRTX Vertex Pharmaceuticals Inc. | 2.33% | 57,005 | $26.5M | Add +0.2% |
| BX Blackstone Inc. | 2.06% | 153,613 | $23.5M | Reduce -3.3% |
| NVDA Nvidia Corp. | 1.81% | 169,764 | $20.6M | Add +3.0% |
| BLK BlackRock Finance Inc. | 1.66% | 19,912 | $18.9M | Reduce -0.5% |
| GD General Dynamics Corp. | 1.50% | 56,540 | $17.1M | Reduce -1.5% |
| V Visa Inc. Class A | 1.46% | 60,452 | $16.6M | Add +0.7% |
| JCI Johnson Controls Internation | 1.35% | 198,656 | $15.4M | Add +0.5% |
| ARCC Ares Capital Corp. | 1.34% | 730,511 | $15.3M | Add +1.4% |
| NVS Novartis AG-Sponsored ADR | 1.28% | 126,444 | $14.5M | Reduce -2.7% |
| AEP American Electric Power | 1.14% | 126,607 | $13.0M | Reduce -0.5% |
| SPG Simon Property Group Inc. | 1.05% | 70,931 | $12.0M | Add +2.8% |
| TMO Thermo Fisher Scientific Inc. | 1.02% | 18,718 | $11.6M | Add +0.7% |
| SCHW Schwab (charles) Corp. | 0.99% | 174,661 | $11.3M | Reduce -0.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.98% | 64,408 | $11.2M | Add +4.3% |
| O Realty Income Corp. | 0.96% | 171,743 | $10.9M | Add +2.7% |
| CCI Crown Castle Inc. | 0.95% | 91,458 | $10.8M | Reduce -2.2% |
| DE Deere & Co. | 0.95% | 25,960 | $10.8M | Add +0.9% |
| ICSH iShares Ultra Short Duration | 0.92% | 207,684 | $10.5M | Add +2.6% |
| SHEL Shell PLC-ADR | 0.91% | 157,789 | $10.4M | Add +2.1% |
| VZ Verizon Communications Inc. | 0.89% | 225,212 | $10.1M | Add +0.6% |
| PSA Public Storage | 0.82% | 25,723 | $9.4M | Add +3.3% |
| NEE Nextera Energy Inc. | 0.81% | 109,167 | $9.2M | Reduce -1.6% |
| EPD Enterprise Products Partners | 0.78% | 307,245 | $8.9M | Reduce -2.7% |
| C Citigroup Inc. | 0.77% | 140,671 | $8.8M | Add +4.0% |
| ETR Entergy Corp. | 0.73% | 62,983 | $8.3M | Add +2.3% |
| SO The Southern Co. | 0.71% | 89,763 | $8.1M | Reduce -0.5% |
| ARE Alexandria Real Estate Equit | 0.66% | 63,695 | $7.6M | Add +4.1% |
| FISV Fiserv Inc. | 0.65% | 41,154 | $7.4M | Add +3.2% |
| FCT First Trust SNR FL RT Inc. II | 0.64% | 703,652 | $7.3M | Reduce -2.1% |
| JEPI JPMorgan Equity Premium Inco | 0.62% | 118,988 | $7.1M | Add +9.7% |
| DLR Digital Realty Trust Inc. | 0.61% | 42,823 | $6.9M | Add +0.5% |
| T AT&T Inc. | 0.54% | 281,484 | $6.2M | Add +4.0% |
| CWEN.A Clearway Energy Inc. Class A | 0.53% | 211,850 | $6.0M | Add +2.7% |
| BXMT Blackstone Mortgage Tru Class A | 0.52% | 310,352 | $5.9M | Reduce -4.6% |
| MRK Merck & Co. Inc. | 0.50% | 50,568 | $5.7M | Reduce -1.8% |
| CNP Centerpoint Energy Inc. | 0.48% | 185,007 | $5.4M | Reduce -7.8% |
| AES AES Corp. | 0.44% | 251,820 | $5.1M | Reduce -4.1% |
| OKE Oneok Inc. | 0.39% | 48,177 | $4.4M | Reduce -0.8% |
| IVV iShares Core S&P 500 ETF | 0.37% | 7,301 | $4.2M | Add +6.0% |
| ATO Atmos Energy Corp. | 0.36% | 29,834 | $4.1M | Reduce -0.2% |
| BKNG Booking Holdings Inc. | 0.36% | 975 | $4.1M | Add +7.3% |
| EVRG Evergy Inc. | 0.36% | 66,182 | $4.1M | Add +10.3% |
| KMI Kinder Morgan Inc. | 0.36% | 183,606 | $4.1M | Reduce -0.2% |
| BCE Bce Inc. | 0.35% | 114,293 | $4.0M | Reduce -3.7% |
| PBA Pembina Pipeline Corp. | 0.34% | 94,662 | $3.9M | Reduce -1.9% |
| STWD Starwood Property Trust Inc. | 0.34% | 189,267 | $3.9M | Add +1.3% |
| BTZ BlackRock Credit Allocation | 0.28% | 281,022 | $3.2M | Reduce -2.3% |
| VRT Vertiv Holdings Co. Class A | 0.26% | 29,482 | $2.9M | New |
| XEL Xcel Energy Inc. | 0.21% | 37,423 | $2.4M | No change |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.21% | 56,393 | $2.4M | New |
| WELL Welltower Inc. | 0.18% | 16,420 | $2.1M | Reduce -0.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.18% | 3 | $2.1M | No change |
| DHR Danaher Corp. | 0.17% | 7,114 | $2.0M | Reduce -1.0% |
| CI The Cigna Group | 0.17% | 5,683 | $2.0M | No change |
| EMO Clearbridge Energy Midstream | 0.17% | 45,686 | $1.9M | Add +1.2% |
| BEP Brookfield Renewable Partner | 0.16% | 64,752 | $1.8M | Add +5.3% |
| JNJ Johnson & Johnson | 0.16% | 11,238 | $1.8M | Reduce -8.9% |
| ACN Accenture PLC Class A | 0.16% | 5,042 | $1.8M | New |
| SHV iShares 0-1 Year Treasury Bo | 0.14% | 14,495 | $1.6M | Reduce -14.4% |
| KYN Kayne Anderson Energy Infra | 0.14% | 144,439 | $1.6M | Add +1.5% |
| IWF iShares Russell 1000 Growth | 0.13% | 4,072 | $1.5M | Add +3.0% |
| ORCL Oracle Corp. | 0.13% | 8,885 | $1.5M | No change |
| NZF Nuveen Municipal Credit Inc. | 0.13% | 112,403 | $1.5M | Add +32.6% |
| WY Weyerhaeuser Co. | 0.13% | 42,832 | $1.5M | Reduce -2.5% |
| MRSH Marsh & McLennan Cos | 0.13% | 6,449 | $1.4M | No change |
| JPM JPMorgan Chase & Co. | 0.13% | 6,787 | $1.4M | Reduce -3.7% |
| IJR iShares Core S&P Small-Cap E | 0.12% | 11,834 | $1.4M | Reduce -16.8% |
| BEPC Brookfield Renewable Cor-A | 0.12% | 41,758 | $1.4M | Add +6.4% |
| XFRAX BlackRock Fltng RT Inc. Strat | 0.12% | 103,061 | $1.4M | Add +59.4% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.12% | 18,718 | $1.3M | No change |
| XOM Exxon Mobil Corp. | 0.12% | 11,333 | $1.3M | Reduce -18.0% |
| ES Eversource Energy | 0.11% | 18,869 | $1.3M | No change |
| IJH iShares Core S&P Midcap ETF | 0.11% | 19,363 | $1.2M | Add +11.0% |
| AGG iShares Core U.S. Aggregate | 0.10% | 11,775 | $1.2M | Add +32.3% |
| GBDC Golub Capital BDC Inc. | 0.10% | 76,667 | $1.2M | Reduce -7.0% |
| VOO Vanguard S&P 500 ETF | 0.10% | 2,132 | $1.1M | Add +5.1% |
| LLY Eli Lilly & Co. | 0.09% | 1,214 | $1.1M | Add +0.4% |
| MUB iShares National Muni Bond E | 0.09% | 9,398 | $1.0M | Add +59.6% |
| ED Consolidated Edison Inc. | 0.09% | 9,781 | $1.0M | No change |
| WMT Walmart Inc. | 0.09% | 12,568 | $1.0M | Add +0.6% |
| CVX Chevron Corp. | 0.07% | 5,805 | $855K | Reduce -4.3% |
| HD Home Depot Inc. | 0.07% | 2,087 | $846K | Add +7.5% |
| LMT Lockheed Martin Corp. | 0.07% | 1,359 | $794K | No change |
| PEP Pepsico Inc. | 0.07% | 4,506 | $766K | Reduce -33.8% |
| ADP Automatic Data Processing | 0.07% | 2,700 | $747K | No change |
| PG The Procter & Gamble Co. | 0.06% | 4,243 | $735K | Add +0.1% |
| IPAC iShares Core MSCI Pacific Et | 0.06% | 10,620 | $707K | No change |
| USIG iShares Broad Usd Investment | 0.06% | 13,305 | $700K | Add +12.7% |
Other holdings (4): bonds, preferreds, convertibles and warrants · $10.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 3,499 | $4.5M | Reduce -1.8% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 82,873 | $2.2M | Reduce -6.4% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,657 | $2.1M | No change |
| EQUITY COMMONWEALTH (EQC 6.5 PERP D) | 6.5% CNV PFD D | 73,928 | $1.9M | Reduce -1.1% |
Total filed on the 13F, all lines: $1.2B.
Portfolio Sells Q2 2024 → Q3 2024
| MSFT Microsoft Corp. | Reduce -3.0% | 8.32% | −1.22 |
| GOOG Alphabet Inc. Class C | Reduce -1.9% | 3.52% | −0.69 |
| SCHW Schwab (charles) Corp. | Reduce -0.3% | 0.99% | −0.22 |
| CTVA Corteva Inc. | Sold out | 0.00% | −0.17 |
| CNP Centerpoint Energy Inc. | Reduce -7.8% | 0.48% | −0.11 |
| MRK Merck & Co. Inc. | Reduce -1.8% | 0.50% | −0.09 |
| EPD Enterprise Products Partners | Reduce -2.7% | 0.78% | −0.08 |
| GD General Dynamics Corp. | Reduce -1.5% | 1.50% | −0.06 |
| NSC Norfolk Southern Corp. | Sold out | 0.00% | −0.06 |
| FCT First Trust SNR FL RT Inc. II | Reduce -2.1% | 0.64% | −0.04 |
| PEP Pepsico Inc. | Reduce -33.8% | 0.07% | −0.04 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -14.4% | 0.14% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -18.0% | 0.12% | −0.03 |
| NVS Novartis AG-Sponsored ADR | Reduce -2.7% | 1.28% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -16.8% | 0.12% | −0.02 |
| GBDC Golub Capital BDC Inc. | Reduce -7.0% | 0.10% | −0.02 |
| BXMT Blackstone Mortgage Tru Class A | Reduce -4.6% | 0.52% | −0.01 |
| CVX Chevron Corp. | Reduce -4.3% | 0.07% | −0.01 |
| BCE Bce Inc. | Reduce -3.7% | 0.35% | −0.01 |
| BTZ BlackRock Credit Allocation | Reduce -2.3% | 0.28% | −0.01 |
| JNJ Johnson & Johnson | Reduce -8.9% | 0.16% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -27.3% | 0.03% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -3.7% | 0.13% | −0.01 |
| DUK Duke Energy Corp. | Reduce -22.6% | 0.02% | −0.00 |
| JFR Nuveen Floating Rate Income | Reduce -2.9% | 0.05% | −0.00 |
| HON Honeywell International Inc. | Reduce -5.7% | 0.02% | −0.00 |
| AMGN Amgen Inc. | Reduce -1.2% | 0.06% | −0.00 |
| UNH Unitedhealth Group Inc. | Reduce -13.6% | 0.03% | −0.00 |
| IWS iShares Russell Mid-Cap Valu | Reduce -10.5% | 0.02% | −0.00 |
| CVS CVS Health Corp. | Reduce -5.7% | 0.02% | −0.00 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -4.9% | 0.02% | −0.00 |
| CL Colgate-Palmolive Co. | Reduce -3.7% | 0.02% | −0.00 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -2.2% | 0.03% | −0.00 |
| NKE Nike Inc. Class B | Reduce -11.3% | 0.02% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -4.2% | 0.05% | +0.00 |
| AVGO Broadcom Inc. | Reduce -0.3% | 2.73% | +0.00 |
| ABBV Abbvie Inc. | Reduce -1.6% | 0.04% | +0.00 |
| CARR Carrier Global Corp. | Reduce -4.5% | 0.02% | +0.00 |
| MCD McDonald's Corp. | Reduce -1.7% | 0.03% | +0.00 |
| DHR Danaher Corp. | Reduce -1.0% | 0.17% | +0.00 |
| PBA Pembina Pipeline Corp. | Reduce -1.9% | 0.34% | +0.01 |
| AES AES Corp. | Reduce -4.1% | 0.44% | +0.01 |
| WY Weyerhaeuser Co. | Reduce -2.5% | 0.13% | +0.01 |
| WSM Williams-Sonoma Inc. | Reduce -2.0% | 2.63% | +0.01 |
| KMI Kinder Morgan Inc. | Reduce -0.2% | 0.36% | +0.01 |
| OKE Oneok Inc. | Reduce -0.8% | 0.39% | +0.01 |
| WELL Welltower Inc. | Reduce -0.5% | 0.18% | +0.02 |
| ATO Atmos Energy Corp. | Reduce -0.2% | 0.36% | +0.04 |
| SO The Southern Co. | Reduce -0.5% | 0.71% | +0.05 |
| NEE Nextera Energy Inc. | Reduce -1.6% | 0.81% | +0.07 |
Portfolio Buys Q2 2024 → Q3 2024
| VRT Vertiv Holdings Co. Class A | New | 0.26% | +0.26 |
| SLB SLB Ltd. | New | 0.21% | +0.21 |
| ACN Accenture PLC Class A | New | 0.16% | +0.16 |
| PSA Public Storage | Add +3.3% | 0.82% | +0.15 |
| O Realty Income Corp. | Add +2.7% | 0.96% | +0.13 |
| JCI Johnson Controls Internation | Add +0.5% | 1.35% | +0.12 |
| ETR Entergy Corp. | Add +2.3% | 0.73% | +0.11 |
| FISV Fiserv Inc. | Add +3.2% | 0.65% | +0.09 |
| CWEN.A Clearway Energy Inc. Class A | Add +2.7% | 0.53% | +0.09 |
| SPG Simon Property Group Inc. | Add +2.8% | 1.05% | +0.07 |
| EVRG Evergy Inc. | Add +10.3% | 0.36% | +0.06 |
| T AT&T Inc. | Add +4.0% | 0.54% | +0.06 |
| TMO Thermo Fisher Scientific Inc. | Add +0.7% | 1.02% | +0.05 |
| DE Deere & Co. | Add +0.9% | 0.95% | +0.05 |
| JEPI JPMorgan Equity Premium Inco | Add +9.7% | 0.62% | +0.04 |
| XFRAX BlackRock Fltng RT Inc. Strat | Add +59.4% | 0.12% | +0.04 |
| NZF Nuveen Municipal Credit Inc. | Add +32.6% | 0.13% | +0.03 |
| MUB iShares National Muni Bond E | Add +59.6% | 0.09% | +0.03 |
| AGG iShares Core U.S. Aggregate | Add +32.3% | 0.10% | +0.02 |
| BKNG Booking Holdings Inc. | Add +7.3% | 0.36% | +0.02 |
| VZ Verizon Communications Inc. | Add +0.6% | 0.89% | +0.02 |
| IBM Intl Business Machines Corp. | New | 0.02% | +0.02 |
| IVW iShares S&P 500 Growth ETF | New | 0.02% | +0.02 |
| MAR Marriott International Class A | New | 0.02% | +0.02 |
| BEP Brookfield Renewable Partner | Add +5.3% | 0.16% | +0.02 |
| IVV iShares Core S&P 500 ETF | Add +6.0% | 0.37% | +0.02 |
| BEPC Brookfield Renewable Cor-A | Add +6.4% | 0.12% | +0.01 |
| XLK SS Technology Select Sector | Add +78.8% | 0.03% | +0.01 |
| HD Home Depot Inc. | Add +7.5% | 0.07% | +0.01 |
| IJH iShares Core S&P Midcap ETF | Add +11.0% | 0.11% | +0.01 |
| WMT Walmart Inc. | Add +0.6% | 0.09% | +0.01 |
| KKR KKR & Co. Inc. | Add +1.1% | 0.06% | +0.01 |
| STWD Starwood Property Trust Inc. | Add +1.3% | 0.34% | +0.01 |
| NOW ServiceNow Inc. | Add +11.6% | 0.04% | +0.01 |
| USIG iShares Broad Usd Investment | Add +12.7% | 0.06% | +0.01 |
| RTX RTX Corp. | Add +1.3% | 0.04% | +0.01 |
| XLV SS Health Care Select Sector | Add +24.3% | 0.03% | +0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +22.7% | 0.03% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +5.1% | 0.10% | +0.00 |
| PFF iShares Preferred & Income S | Add +14.6% | 0.03% | +0.00 |
| META Meta Platforms Inc. Class A | Add +1.7% | 0.04% | +0.00 |
| KO The Coca-Cola Co. | Add +1.6% | 0.03% | +0.00 |
| VLTO Veralto Corp. | Add +0.6% | 0.02% | +0.00 |
| IVE iShares S&P 500 Value ETF | Add +1.6% | 0.06% | +0.00 |
| KYN Kayne Anderson Energy Infra | Add +1.5% | 0.14% | +0.00 |
| ABT Abbott Laboratories | Add +2.3% | 0.03% | +0.00 |
| DD Dupont DE Nemours Inc. | Add +1.6% | 0.02% | +0.00 |
| FTV Fortive Corp. | Add +3.3% | 0.02% | +0.00 |
| ETN Eaton Corp. PLC | Add +3.6% | 0.02% | +0.00 |
| COST Costco Wholesale Corp. | Add +2.1% | 0.05% | −0.00 |
Notes & Other Activity Q2 2024 → Q3 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -1.8% | 3,499 | $4.5M |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Reduce -6.4% | 82,873 | $2.2M |
| EQUITY COMMONWEALTH (EQC 6.5 PERP D) | 6.5% CNV PFD D | Reduce -1.1% | 73,928 | $1.9M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 185 | $1.5B | AMAT, AAPL, URI, MSFT, BRK.B |
| Q1 2026 | 167 | $1.3B | AAPL, MSFT, BRK.B, GOOG, AVGO |
| Q4 2025 | 172 | $1.3B | MSFT, AAPL, BRK.B, GOOG, AVGO |
| Q3 2025 | 187 | $1.3B | MSFT, AAPL, BRK.B, URI, AVGO |
| Q2 2025 | 167 | $1.2B | MSFT, BRK.B, AAPL, URI, AVGO |
| Q1 2025 | 158 | $1.1B | BRK.B, MSFT, AAPL, LOW, URI |
| Q4 2024 | 165 | $1.1B | MSFT, AAPL, BRK.B, URI, LOW |
| Q3 2024 | 161 | $1.1B | MSFT, AAPL, BRK.B, URI, LOW |
| Q2 2024 | 157 | $1.1B | MSFT, AAPL, BRK.B, URI, LOW |
| Q1 2024 | 161 | $1.0B | MSFT, BRK.B, AAPL, URI, LOW |