Edgemoor Investment Advisors, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 10, 2025), Edgemoor Investment Advisors, Inc. reported 165 stock positions worth $1.1 billion. Its top holding was Microsoft (MSFT) at 8.1% of the portfolio, followed by Apple (AAPL, 8.0%) and Berkshire Hathaway Class B (BRK.B, 6.4%). Compared with Q3 2024, it opened 6 new positions, sold out of 2, added to 43 and reduced 70. The biggest buy was Visa Class A (V, shares +0%) and the biggest sale Lennar Class A (LEN, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- BETHESDA, MD
- CIK
- 0001313792
- Portfolio Value
- $1.1B (Q4 2024)
- SEC Filing
- 0001398344-25-002339 ↗ filed Feb 10, 2025
Holdings Value
Holdings 165 stocks · $1.1B
| MSFT Microsoft Corp. | 8.07% | 215,855 | $91.0M | Reduce -2.0% |
| AAPL Apple Inc. | 8.03% | 361,437 | $90.5M | Reduce -3.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 6.36% | 158,063 | $71.6M | Reduce -2.5% |
| URI United Rentals Inc. | 4.62% | 73,941 | $52.1M | Reduce -2.8% |
| LOW Lowe's Cos Inc. | 4.40% | 200,959 | $49.6M | Reduce -1.1% |
| GOOG Alphabet Inc. Class C | 3.93% | 232,395 | $44.3M | Reduce -3.0% |
| AVGO Broadcom Inc. | 3.61% | 175,441 | $40.7M | Reduce -2.7% |
| AMZN Amazon.com Inc. | 3.52% | 180,863 | $39.7M | Reduce -1.0% |
| WSM Williams-Sonoma Inc. | 3.07% | 186,696 | $34.6M | Reduce -3.5% |
| GOOGL Alphabet Inc. Class A | 2.62% | 156,252 | $29.6M | Reduce -2.8% |
| LEN Lennar Corp. Class A | 2.53% | 208,871 | $28.5M | Reduce -0.4% |
| BX Blackstone Inc. | 2.33% | 152,523 | $26.3M | Reduce -0.7% |
| AMAT Applied Materials Inc. | 2.22% | 153,781 | $25.0M | Add +0.7% |
| VRTX Vertex Pharmaceuticals Inc. | 2.04% | 57,097 | $23.0M | Add +0.2% |
| NVDA Nvidia Corp. | 2.03% | 169,995 | $22.8M | Add +0.1% |
| BLK BlackRock Inc. | 1.79% | 19,726 | $20.2M | Reduce -0.9% |
| V Visa Inc. Class A | 1.70% | 60,567 | $19.1M | Add +0.2% |
| ARCC Ares Capital Corp. | 1.41% | 727,922 | $15.9M | Reduce -0.3% |
| JCI Johnson Controls Internation | 1.38% | 197,677 | $15.6M | Reduce -0.5% |
| GD General Dynamics Corp. | 1.33% | 56,964 | $15.0M | Add +0.8% |
| SCHW Schwab (charles) Corp. | 1.16% | 176,394 | $13.1M | Add +1.0% |
| TSM Taiwan Semiconductor-SP ADR | 1.15% | 65,685 | $13.0M | Add +2.0% |
| SPG Simon Property Group Inc. | 1.07% | 69,743 | $12.0M | Reduce -1.7% |
| AEP American Electric Power | 1.05% | 128,873 | $11.9M | Add +1.8% |
| NVS Novartis AG-Sponsored ADR | 1.03% | 119,683 | $11.6M | Reduce -5.3% |
| ICSH iShares Ultra Short Duration | 1.00% | 223,037 | $11.2M | Add +7.4% |
| DE Deere & Co. | 0.96% | 25,618 | $10.9M | Reduce -1.3% |
| C Citigroup Inc. | 0.87% | 138,655 | $9.8M | Reduce -1.4% |
| SHEL Shell PLC-ADR | 0.86% | 155,418 | $9.7M | Reduce -1.5% |
| EPD Enterprise Products Partners | 0.86% | 309,426 | $9.7M | Add +0.7% |
| TMO Thermo Fisher Scientific Inc. | 0.85% | 18,391 | $9.6M | Reduce -1.8% |
| ETR Entergy Corp. | 0.84% | 124,860 | $9.5M | Reduce -0.9% |
| O Realty Income Corp. | 0.82% | 172,860 | $9.2M | Add +0.7% |
| VZ Verizon Communications Inc. | 0.78% | 219,406 | $8.8M | Reduce -2.6% |
| FISV Fiserv Inc. | 0.76% | 41,887 | $8.6M | Add +1.8% |
| CCI Crown Castle Inc. | 0.72% | 89,658 | $8.1M | Reduce -2.0% |
| PSA Public Storage | 0.70% | 26,408 | $7.9M | Add +2.7% |
| NEE Nextera Energy Inc. | 0.68% | 107,269 | $7.7M | Reduce -1.7% |
| JEPI JPMorgan Equity Premium Inco | 0.66% | 130,101 | $7.5M | Add +9.3% |
| DLR Digital Realty Trust Inc. | 0.66% | 41,988 | $7.4M | Reduce -1.9% |
| SO The Southern Co. | 0.63% | 86,809 | $7.1M | Reduce -3.3% |
| FCT First Trust SNR FL RT Inc. II | 0.60% | 651,136 | $6.7M | Reduce -7.5% |
| T AT&T Inc. | 0.59% | 290,193 | $6.6M | Add +3.1% |
| CNP Centerpoint Energy Inc. | 0.51% | 180,326 | $5.7M | Reduce -2.5% |
| ARE Alexandria Real Estate Equit | 0.50% | 57,928 | $5.7M | Reduce -9.1% |
| CWEN.A Clearway Energy Inc. Class A | 0.45% | 209,353 | $5.1M | Reduce -1.2% |
| BKNG Booking Holdings Inc. | 0.44% | 1,001 | $5.0M | Add +2.7% |
| MRK Merck & Co. Inc. | 0.43% | 48,933 | $4.9M | Reduce -3.2% |
| OKE Oneok Inc. | 0.43% | 47,941 | $4.8M | Reduce -0.5% |
| EVRG Evergy Inc. | 0.43% | 78,075 | $4.8M | Add +18.0% |
| KMI Kinder Morgan Inc. | 0.42% | 173,102 | $4.7M | Reduce -5.7% |
| BXMT Blackstone Mortgage Tru Class A | 0.42% | 272,254 | $4.7M | Reduce -12.3% |
| IVV iShares Core S&P 500 ETF | 0.38% | 7,298 | $4.3M | Reduce -0.0% |
| ATO Atmos Energy Corp. | 0.36% | 29,059 | $4.0M | Reduce -2.6% |
| VRT Vertiv Holdings Co. Class A | 0.34% | 33,841 | $3.8M | Add +14.8% |
| STWD Starwood Property Trust Inc. | 0.31% | 186,357 | $3.5M | Reduce -1.5% |
| PBA Pembina Pipeline Corp. | 0.30% | 90,202 | $3.3M | Reduce -4.7% |
| AES AES Corp. | 0.25% | 222,853 | $2.9M | Reduce -11.5% |
| KO The Coca-Cola Co. | 0.25% | 45,998 | $2.9M | Add +741.2% |
| BTZ BlackRock Credit Allocation | 0.25% | 273,243 | $2.9M | Reduce -2.8% |
| XEL Xcel Energy Inc. | 0.22% | 36,933 | $2.5M | Reduce -1.3% |
| BCE Bce Inc. | 0.20% | 99,079 | $2.3M | Reduce -13.3% |
| AGG iShares Core U.S. Aggregate | 0.19% | 22,577 | $2.2M | Add +91.7% |
| WELL Welltower Inc. | 0.18% | 16,400 | $2.1M | Reduce -0.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.18% | 3 | $2.0M | No change |
| EMO Clearbridge Energy Midstream | 0.18% | 43,347 | $2.0M | Reduce -5.1% |
| XFRAX BlackRock Fltng RT Inc. Strat | 0.18% | 145,754 | $2.0M | Add +41.4% |
| ACN Accenture PLC Class A | 0.18% | 5,696 | $2.0M | Add +13.0% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.17% | 51,332 | $2.0M | Reduce -9.0% |
| NZF Nuveen Municipal Credit Inc. | 0.17% | 153,235 | $1.9M | Add +36.3% |
| KYN Kayne Anderson Energy Infra | 0.16% | 145,559 | $1.9M | Add +0.8% |
| JPM JPMorgan Chase & Co. | 0.15% | 7,176 | $1.7M | Add +5.7% |
| DHR Danaher Corp. | 0.15% | 7,269 | $1.7M | Add +2.2% |
| IWF iShares Russell 1000 Growth | 0.15% | 4,072 | $1.6M | No change |
| JNJ Johnson & Johnson | 0.14% | 11,128 | $1.6M | Reduce -1.0% |
| SHV iShares 0-1 Year Treasury Bo | 0.14% | 14,295 | $1.6M | Reduce -1.4% |
| CI The Cigna Group | 0.14% | 5,683 | $1.6M | No change |
| ORCL Oracle Corp. | 0.13% | 8,885 | $1.5M | No change |
| BEP Brookfield Renewable Partner | 0.13% | 64,766 | $1.5M | Add +0.0% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.13% | 18,718 | $1.4M | No change |
| MRSH Marsh & McLennan Cos | 0.12% | 6,449 | $1.4M | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.12% | 15,184 | $1.3M | New |
| IJR iShares Core S&P Small-Cap E | 0.11% | 10,949 | $1.3M | Reduce -7.5% |
| XOM Exxon Mobil Corp. | 0.11% | 11,322 | $1.2M | Reduce -0.1% |
| BEPC Brookfield Renewable Corp. | 0.11% | 43,876 | $1.2M | Add +5.1% |
| IJH iShares Core S&P Midcap ETF | 0.11% | 19,363 | $1.2M | No change |
| WY Weyerhaeuser Co. | 0.10% | 41,667 | $1.2M | Reduce -2.7% |
| ADBE Adobe Inc. | 0.10% | 2,607 | $1.2M | New |
| VOO Vanguard S&P 500 ETF | 0.10% | 2,142 | $1.2M | Add +0.5% |
| WMT Walmart Inc. | 0.10% | 12,568 | $1.1M | No change |
| ES Eversource Energy | 0.10% | 18,869 | $1.1M | No change |
| GBDC Golub Capital BDC Inc. | 0.10% | 71,480 | $1.1M | Reduce -6.8% |
| LLY Eli Lilly & Co. | 0.08% | 1,223 | $944K | Add +0.7% |
| CSX CSX Corp. | 0.08% | 27,750 | $895K | Add +37.0% |
| ED Consolidated Edison Inc. | 0.08% | 9,781 | $873K | No change |
| MUB iShares National Muni Bond E | 0.08% | 7,963 | $848K | Reduce -15.3% |
| HD Home Depot Inc. | 0.07% | 2,167 | $843K | Add +3.8% |
| CVX Chevron Corp. | 0.07% | 5,693 | $825K | Reduce -1.9% |
| ADP Automatic Data Processing | 0.07% | 2,700 | $790K | No change |
| PG The Procter & Gamble Co. | 0.07% | 4,463 | $748K | Add +5.2% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $7.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 3,363 | $4.0M | Reduce -3.9% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,613 | $2.0M | Reduce -2.7% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 75,478 | $1.9M | Reduce -8.9% |
Total filed on the 13F, all lines: $1.1B.
Portfolio Sells Q3 2024 → Q4 2024
| LEN Lennar Corp. Class A | Reduce -0.4% | 2.53% | −0.93 |
| URI United Rentals Inc. | Reduce -2.8% | 4.62% | −0.78 |
| LOW Lowe's Cos Inc. | Reduce -1.1% | 4.40% | −0.43 |
| MSFT Microsoft Corp. | Reduce -2.0% | 8.07% | −0.25 |
| NVS Novartis AG-Sponsored ADR | Reduce -5.3% | 1.03% | −0.24 |
| CCI Crown Castle Inc. | Reduce -2.0% | 0.72% | −0.23 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.5% | 6.36% | −0.19 |
| AES AES Corp. | Reduce -11.5% | 0.25% | −0.19 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.8% | 0.85% | −0.17 |
| ARE Alexandria Real Estate Equit | Reduce -9.1% | 0.50% | −0.16 |
| BCE Bce Inc. | Reduce -13.3% | 0.20% | −0.15 |
| NEE Nextera Energy Inc. | Reduce -1.7% | 0.68% | −0.13 |
| VZ Verizon Communications Inc. | Reduce -2.6% | 0.78% | −0.11 |
| BXMT Blackstone Mortgage Tru Class A | Reduce -12.3% | 0.42% | −0.10 |
| SO The Southern Co. | Reduce -3.3% | 0.63% | −0.08 |
| CWEN.A Clearway Energy Inc. Class A | Reduce -1.2% | 0.45% | −0.08 |
| MRK Merck & Co. Inc. | Reduce -3.2% | 0.43% | −0.07 |
| SHEL Shell PLC-ADR | Reduce -1.5% | 0.86% | −0.05 |
| PBA Pembina Pipeline Corp. | Reduce -4.7% | 0.30% | −0.05 |
| FCT First Trust SNR FL RT Inc. II | Reduce -7.5% | 0.60% | −0.04 |
| SLB SLB Ltd. | Reduce -9.0% | 0.17% | −0.03 |
| BOTZ Global X Robotics & Artifici | Reduce -53.9% | 0.03% | −0.03 |
| STWD Starwood Property Trust Inc. | Reduce -1.5% | 0.31% | −0.03 |
| BTZ BlackRock Credit Allocation | Reduce -2.8% | 0.25% | −0.02 |
| WY Weyerhaeuser Co. | Reduce -2.7% | 0.10% | −0.02 |
| DOW Dow Inc. | Sold out | 0.00% | −0.02 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.02 |
| JNJ Johnson & Johnson | Reduce -1.0% | 0.14% | −0.02 |
| MUB iShares National Muni Bond E | Reduce -15.3% | 0.08% | −0.01 |
| XLK SS Technology Select Sector | Reduce -44.1% | 0.02% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -3.0% | 0.06% | −0.01 |
| AMGN Amgen Inc. | Reduce -3.8% | 0.05% | −0.01 |
| IEMG iShares Core MSCI Emerging | Reduce -32.1% | 0.02% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -7.5% | 0.11% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -0.1% | 0.11% | −0.01 |
| XLV SS Health Care Select Sector | Reduce -19.6% | 0.02% | −0.01 |
| DUK Duke Energy Corp. | Reduce -19.9% | 0.02% | −0.01 |
| GBDC Golub Capital BDC Inc. | Reduce -6.8% | 0.10% | −0.01 |
| ATO Atmos Energy Corp. | Reduce -2.6% | 0.36% | −0.00 |
| UNH Unitedhealth Group Inc. | Reduce -2.0% | 0.02% | −0.00 |
| DD Dupont DE Nemours Inc. | Reduce -1.6% | 0.02% | −0.00 |
| CVX Chevron Corp. | Reduce -1.9% | 0.07% | −0.00 |
| COP Conocophillips | Reduce -2.3% | 0.02% | −0.00 |
| MCD McDonald's Corp. | Reduce -1.5% | 0.03% | −0.00 |
| PFF iShares Preferred & Income S | Reduce -0.1% | 0.03% | −0.00 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -1.4% | 0.14% | −0.00 |
| WELL Welltower Inc. | Reduce -0.1% | 0.18% | −0.00 |
| JFR Nuveen Floating Rate Income | Reduce -3.8% | 0.05% | −0.00 |
| MKL Markel Group Inc. | Reduce -2.6% | 0.02% | +0.00 |
| NOW ServiceNow Inc. | Reduce -8.9% | 0.04% | +0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| V Visa Inc. Class A | Add +0.2% | 1.70% | +0.24 |
| KO The Coca-Cola Co. | Add +741.2% | 0.25% | +0.22 |
| NVDA Nvidia Corp. | Add +0.1% | 2.03% | +0.22 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.0% | 1.15% | +0.17 |
| SCHW Schwab (charles) Corp. | Add +1.0% | 1.16% | +0.16 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.12% | +0.12 |
| FISV Fiserv Inc. | Add +1.8% | 0.76% | +0.11 |
| ADBE Adobe Inc. | New | 0.10% | +0.10 |
| AGG iShares Core U.S. Aggregate | Add +91.7% | 0.19% | +0.09 |
| VRT Vertiv Holdings Co. Class A | Add +14.8% | 0.34% | +0.08 |
| BKNG Booking Holdings Inc. | Add +2.7% | 0.44% | +0.08 |
| EPD Enterprise Products Partners | Add +0.7% | 0.86% | +0.08 |
| ICSH iShares Ultra Short Duration | Add +7.4% | 1.00% | +0.07 |
| EVRG Evergy Inc. | Add +18.0% | 0.43% | +0.07 |
| XFRAX BlackRock Fltng RT Inc. Strat | Add +41.4% | 0.18% | +0.06 |
| T AT&T Inc. | Add +3.1% | 0.59% | +0.04 |
| JEPI JPMorgan Equity Premium Inco | Add +9.3% | 0.66% | +0.04 |
| NZF Nuveen Municipal Credit Inc. | Add +36.3% | 0.17% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +5.7% | 0.15% | +0.03 |
| KYN Kayne Anderson Energy Infra | Add +0.8% | 0.16% | +0.02 |
| ACN Accenture PLC Class A | Add +13.0% | 0.18% | +0.02 |
| SUB iShares Short-Term National | Add +85.1% | 0.04% | +0.02 |
| AMLP Alerian MLP ETF | New | 0.02% | +0.02 |
| IWP iShares Russell Mid-Cap Grow | New | 0.02% | +0.02 |
| CSX CSX Corp. | Add +37.0% | 0.08% | +0.02 |
| WFC Wells Fargo & Co. | New | 0.02% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.02% | +0.02 |
| PAYX Paychex Inc. | Add +28.8% | 0.03% | +0.01 |
| SYK Stryker Corp. | Add +15.2% | 0.04% | +0.01 |
| RTX RTX Corp. | Add +16.8% | 0.05% | +0.01 |
| ORLY O'reilly Automotive Inc. | Add +7.5% | 0.05% | +0.01 |
| META Meta Platforms Inc. Class A | Add +8.9% | 0.04% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +0.5% | 0.10% | +0.00 |
| COST Costco Wholesale Corp. | Add +0.5% | 0.05% | +0.00 |
| ABT Abbott Laboratories | Add +6.6% | 0.03% | +0.00 |
| PG The Procter & Gamble Co. | Add +5.2% | 0.07% | +0.00 |
| HD Home Depot Inc. | Add +3.8% | 0.07% | +0.00 |
| ABBV Abbvie Inc. | Add +9.5% | 0.04% | −0.00 |
| QCOM Qualcomm Inc. | Add +1.3% | 0.03% | −0.00 |
| LLY Eli Lilly & Co. | Add +0.7% | 0.08% | −0.01 |
| BEPC Brookfield Renewable Corp. | Add +5.1% | 0.11% | −0.01 |
| DHR Danaher Corp. | Add +2.2% | 0.15% | −0.03 |
| BEP Brookfield Renewable Partner | Add +0.0% | 0.13% | −0.03 |
| AEP American Electric Power | Add +1.8% | 1.05% | −0.09 |
| PSA Public Storage | Add +2.7% | 0.70% | −0.12 |
| O Realty Income Corp. | Add +0.7% | 0.82% | −0.14 |
| GD General Dynamics Corp. | Add +0.8% | 1.33% | −0.17 |
| VRTX Vertex Pharmaceuticals Inc. | Add +0.2% | 2.04% | −0.29 |
| AMAT Applied Materials Inc. | Add +0.7% | 2.22% | −0.49 |
Notes & Other Activity Q3 2024 → Q4 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -3.9% | 3,363 | $4.0M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -2.7% | 1,613 | $2.0M |
| EQUITY COMMONWEALTH (EQC 6.5 PERP D) | 6.5% CNV PFD D | Sold out | 73,928 | $1.9Mbefore exit |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Reduce -8.9% | 75,478 | $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 |