Equity Investment Corp.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 5, 2025), Equity Investment Corp. reported 63 stock positions worth $4.3 billion. Its top holding was AT&T (T) at 4.6% of the portfolio, followed by Wells Fargo (WFC, 3.9%) and Verizon Communications (VZ, 3.8%). Compared with Q3 2024, it opened 5 new positions, sold out of 7, added to 20 and reduced 37. The biggest buy was a new position in Baxter International (BAX) and the biggest sale an exit from Fidelity National Info Serv (FIS).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0001685771
- Portfolio Value
- $4.3B (Q4 2024)
- SEC Filing
- 0001085146-25-000771 ↗ filed Feb 5, 2025
Holdings Value
Holdings 63 stocks · $4.3B
| T AT&T Inc. | 4.62% | 8,650,595 | $197.0M | Reduce -3.1% |
| WFC Wells Fargo & Co. | 3.94% | 2,394,065 | $168.2M | Reduce -5.8% |
| VZ Verizon Communications Inc. | 3.79% | 4,045,479 | $161.8M | Reduce -0.0% |
| PYPL PayPal Holdings Inc. | 3.70% | 1,849,880 | $157.9M | Reduce -7.4% |
| KVUE Kenvue Inc. | 3.21% | 6,417,639 | $137.0M | Reduce -2.3% |
| GSK GSK PLC-Spon ADR | 3.14% | 3,962,581 | $134.0M | Add +13.3% |
| USB US Bancorp | 3.05% | 2,723,870 | $130.3M | Reduce -1.1% |
| UL Unilever PLC | 2.88% | 2,169,194 | $123.0M | Add +1.7% |
| SCHW Schwab (charles) Corp. | 2.78% | 1,604,807 | $118.8M | Reduce -2.2% |
| MDT Medtronic PLC | 2.74% | 1,462,675 | $116.8M | Add +0.3% |
| SNY Sanofi-ADR | 2.72% | 2,406,189 | $116.1M | Reduce -2.1% |
| PNC PNC Financial Services Group | 2.67% | 590,041 | $113.8M | Reduce -1.1% |
| TTE Totalenergies SE -Spon ADR | 2.63% | 2,058,589 | $112.2M | Add +10.5% |
| GL Globe Life Inc. | 2.58% | 986,044 | $110.0M | Reduce -4.4% |
| INGR Ingredion Inc. | 2.55% | 789,707 | $108.6M | Reduce -16.4% |
| ZBH Zimmer Biomet Holdings Inc. | 2.53% | 1,021,062 | $107.9M | Add +57.2% |
| DLTR Dollar Tree Inc. | 2.48% | 1,410,594 | $105.7M | Reduce -7.5% |
| WPC WP Carey Inc. | 2.39% | 1,870,734 | $101.9M | Add +26.3% |
| PPG PPG Industries Inc. | 2.35% | 840,139 | $100.4M | Add +29.4% |
| EXPE Expedia Group Inc. | 2.35% | 538,249 | $100.3M | Reduce -6.6% |
| SGOV iShares 0-3 Month Treasury B | 2.35% | 999,237 | $100.2M | Reduce -40.0% |
| TFC Truist Financial Corp. | 2.25% | 2,214,743 | $96.1M | Reduce -1.8% |
| TRV The Travelers Cos Inc. | 2.24% | 396,779 | $95.6M | Reduce -1.4% |
| CTRA Coterra Energy Inc. | 2.24% | 3,738,423 | $95.5M | Add +10.2% |
| BAX Baxter International Inc. | 2.01% | 2,938,727 | $85.7M | New |
| GPC Genuine Parts Co. | 1.97% | 720,519 | $84.1M | New |
| JLL Jones Lang Lasalle Inc. | 1.91% | 322,001 | $81.5M | Reduce -2.1% |
| IWD iShares Russell 1000 Value E | 1.91% | 439,833 | $81.4M | Add +291.7% |
| B Barrick Gold Corp. | 1.80% | 4,945,137 | $76.6M | Reduce -4.3% |
| NFG National Fuel Gas Co. | 1.76% | 1,233,990 | $74.9M | Reduce -0.9% |
| CSCO Cisco Systems Inc. | 1.74% | 1,252,877 | $74.2M | Reduce -3.2% |
| AXP American Express Co. | 1.69% | 242,325 | $71.9M | Reduce -3.9% |
| GD General Dynamics Corp. | 1.56% | 252,575 | $66.6M | Reduce -2.9% |
| DG Dollar General Corp. | 1.56% | 876,819 | $66.5M | Reduce -7.8% |
| SHEL Shell PLC-ADR | 1.50% | 1,023,439 | $64.1M | Add +1.1% |
| HIG Hartford Insurance Group Inc. | 1.50% | 585,344 | $64.0M | Add +1.0% |
| AGNC AGNC Investment Corp. | 1.48% | 6,832,381 | $62.9M | Reduce -6.1% |
| UPS United Parcel Service Class B | 1.47% | 497,714 | $62.8M | Reduce -4.5% |
| PDCO Patterson Cos Inc. | 1.47% | 2,028,964 | $62.6M | Add +16.6% |
| WMB Williams Cos Inc. | 1.43% | 1,129,602 | $61.1M | Reduce -54.2% |
| HMC Honda Motor Co. Ltd.-Spons ADR | 1.41% | 2,102,311 | $60.0M | Add +0.2% |
| NNN NNN REIT Inc. | 1.38% | 1,441,632 | $58.9M | Add +0.4% |
| OSK Oshkosh Corp. | 1.33% | 598,972 | $56.9M | Add +1.7% |
| JNJ Johnson & Johnson | 0.29% | 85,628 | $12.4M | Reduce -1.1% |
| IUSV iShares Core S&P U.S. Value | 0.14% | 66,706 | $6.2M | Add +152.9% |
| VT Vanguard Tot World STK ETF | 0.08% | 27,705 | $3.3M | Add +74.3% |
| RSP Invesco S&P 500 Equal Weight | 0.08% | 18,531 | $3.2M | Add +72.7% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.07% | 39,182 | $3.1M | Reduce -4.6% |
| VMBS Vanguard Mortgage-Backed Sec | 0.07% | 63,690 | $2.9M | Reduce -3.3% |
| VUSB Vanguard Ultra Short Bond Et | 0.05% | 45,600 | $2.3M | Reduce -9.8% |
| VTIP Vanguard Short-Term Tips | 0.05% | 44,488 | $2.2M | Reduce -1.6% |
| BSV Vanguard Short-Term Bond ETF | 0.02% | 10,438 | $807K | Add +76.7% |
| BND Vanguard Total Bond Market | 0.02% | 11,057 | $795K | Add +77.6% |
| GPN Global Payments Inc. | 0.02% | 7,080 | $793K | Reduce -0.7% |
| XOM Exxon Mobil Corp. | 0.01% | 5,121 | $551K | No change |
| SNN Smith & Nephew PLC -Spon ADR | 0.01% | 10,754 | $264K | Reduce -2.2% |
| DFS Discover Financial Services | 0.01% | 1,354 | $235K | New |
| ORI Old Republic Intl Corp. | 0.01% | 6,311 | $228K | Reduce -2.1% |
| KEY Keycorp | 0.01% | 13,062 | $224K | Reduce -2.5% |
| CMA Comerica Inc. | 0.01% | 3,458 | $214K | Reduce -2.8% |
| CFG Citizens Financial Group | 0.00% | 4,662 | $204K | New |
| WTM White Mountains Insurance GP | 0.00% | 103 | $200K | New |
| HBAN Huntington Bancshares Inc. | 0.00% | 11,122 | $181K | Reduce -2.9% |
Portfolio Sells Q3 2024 → Q4 2024
| FIS Fidelity National Info Serv | Sold out | 0.00% | −1.91 |
| SGOV iShares 0-3 Month Treasury B | Reduce -40.0% | 2.35% | −1.55 |
| WMB Williams Cos Inc. | Reduce -54.2% | 1.43% | −1.19 |
| B Barrick Gold Corp. | Reduce -4.3% | 1.80% | −0.59 |
| SNY Sanofi-ADR | Reduce -2.1% | 2.72% | −0.58 |
| INGR Ingredion Inc. | Reduce -16.4% | 2.55% | −0.47 |
| VZ Verizon Communications Inc. | Reduce -0.0% | 3.79% | −0.44 |
| KVUE Kenvue Inc. | Reduce -2.3% | 3.21% | −0.32 |
| DG Dollar General Corp. | Reduce -7.8% | 1.56% | −0.31 |
| AGNC AGNC Investment Corp. | Reduce -6.1% | 1.48% | −0.30 |
| GD General Dynamics Corp. | Reduce -2.9% | 1.56% | −0.27 |
| UPS United Parcel Service Class B | Reduce -4.5% | 1.47% | −0.18 |
| JLL Jones Lang Lasalle Inc. | Reduce -2.1% | 1.91% | −0.15 |
| JNJ Johnson & Johnson | Reduce -1.1% | 0.29% | −0.04 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.02 |
| DLTR Dollar Tree Inc. | Reduce -7.5% | 2.48% | −0.02 |
| PPL PPL Corp. | Sold out | 0.00% | −0.01 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -9.8% | 0.05% | −0.01 |
| COR Cencora Inc. | Sold out | 0.00% | −0.01 |
| GIL Gildan Activewear Inc. | Sold out | 0.00% | −0.01 |
| VMBS Vanguard Mortgage-Backed Sec | Reduce -3.3% | 0.07% | −0.00 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -4.6% | 0.07% | −0.00 |
| VOD Vodafone Group PLC-SP ADR | Sold out | 0.00% | −0.00 |
| SWN Southwestern Energy Co. | Sold out | 0.00% | −0.00 |
| SNN Smith & Nephew PLC -Spon ADR | Reduce -2.2% | 0.01% | −0.00 |
| VTIP Vanguard Short-Term Tips | Reduce -1.6% | 0.05% | −0.00 |
| NFG National Fuel Gas Co. | Reduce -0.9% | 1.76% | −0.00 |
| KEY Keycorp | Reduce -2.5% | 0.01% | 0.00 |
| ORI Old Republic Intl Corp. | Reduce -2.1% | 0.01% | 0.00 |
| CMA Comerica Inc. | Reduce -2.8% | 0.01% | +0.00 |
| HBAN Huntington Bancshares Inc. | Reduce -2.9% | 0.00% | +0.00 |
| GPN Global Payments Inc. | Reduce -0.7% | 0.02% | +0.00 |
| TFC Truist Financial Corp. | Reduce -1.8% | 2.25% | +0.01 |
| GL Globe Life Inc. | Reduce -4.4% | 2.58% | +0.04 |
| T AT&T Inc. | Reduce -3.1% | 4.62% | +0.05 |
| TRV The Travelers Cos Inc. | Reduce -1.4% | 2.24% | +0.05 |
| PYPL PayPal Holdings Inc. | Reduce -7.4% | 3.70% | +0.07 |
| AXP American Express Co. | Reduce -3.9% | 1.69% | +0.09 |
| PNC PNC Financial Services Group | Reduce -1.1% | 2.67% | +0.10 |
| USB US Bancorp | Reduce -1.1% | 3.05% | +0.12 |
| CSCO Cisco Systems Inc. | Reduce -3.2% | 1.74% | +0.14 |
| SCHW Schwab (charles) Corp. | Reduce -2.2% | 2.78% | +0.31 |
| EXPE Expedia Group Inc. | Reduce -6.6% | 2.35% | +0.37 |
| WFC Wells Fargo & Co. | Reduce -5.8% | 3.94% | +0.60 |
Portfolio Buys Q3 2024 → Q4 2024
| BAX Baxter International Inc. | New | 2.01% | +2.01 |
| GPC Genuine Parts Co. | New | 1.97% | +1.97 |
| IWD iShares Russell 1000 Value E | Add +291.7% | 1.91% | +1.41 |
| ZBH Zimmer Biomet Holdings Inc. | Add +57.2% | 2.53% | +0.90 |
| PDCO Patterson Cos Inc. | Add +16.6% | 1.47% | +0.58 |
| PPG PPG Industries Inc. | Add +29.4% | 2.35% | +0.35 |
| CTRA Coterra Energy Inc. | Add +10.2% | 2.24% | +0.35 |
| WPC WP Carey Inc. | Add +26.3% | 2.39% | +0.24 |
| IUSV iShares Core S&P U.S. Value | Add +152.9% | 0.14% | +0.09 |
| VT Vanguard Tot World STK ETF | Add +74.3% | 0.08% | +0.03 |
| RSP Invesco S&P 500 Equal Weight | Add +72.7% | 0.08% | +0.03 |
| BSV Vanguard Short-Term Bond ETF | Add +76.7% | 0.02% | +0.01 |
| BND Vanguard Total Bond Market | Add +77.6% | 0.02% | +0.01 |
| DFS Discover Financial Services | New | 0.01% | +0.01 |
| CFG Citizens Financial Group | New | 0.00% | +0.00 |
| WTM White Mountains Insurance GP | New | 0.00% | +0.00 |
| OSK Oshkosh Corp. | Add +1.7% | 1.33% | −0.04 |
| SHEL Shell PLC-ADR | Add +1.1% | 1.50% | −0.05 |
| HIG Hartford Insurance Group Inc. | Add +1.0% | 1.50% | −0.08 |
| HMC Honda Motor Co. Ltd.-Spons ADR | Add +0.2% | 1.41% | −0.14 |
| TTE Totalenergies SE -Spon ADR | Add +10.5% | 2.63% | −0.17 |
| GSK GSK PLC-Spon ADR | Add +13.3% | 3.14% | −0.18 |
| NNN NNN REIT Inc. | Add +0.4% | 1.38% | −0.24 |
| MDT Medtronic PLC | Add +0.3% | 2.74% | −0.32 |
| UL Unilever PLC | Add +1.7% | 2.88% | −0.34 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 76 | $5.2B | VZ, GSK, UPS, MDT, DOC |
| Q1 2026 | 71 | $5.1B | VZ, GSK, USB, UPS, ZBH |
| Q4 2025 | 72 | $5.0B | GSK, VZ, WFC, USB, UPS |
| Q3 2025 | 64 | $4.8B | VZ, GSK, WFC, USB, MDT |
| Q2 2025 | 62 | $4.6B | VZ, GSK, WFC, PYPL, USB |
| Q1 2025 | 66 | $4.5B | SGOV, VZ, T, GSK, TTE |
| Q4 2024 | 63 | $4.3B | T, WFC, VZ, PYPL, KVUE |
| Q3 2024 | 65 | $4.3B | T, VZ, SGOV, PYPL, KVUE |
| Q2 2024 | 65 | $3.9B | T, VZ, SGOV, WFC, GSK |
| Q1 2024 | 63 | $4.0B | VZ, SGOV, T, WFC, UL |