Equity Investment Corp.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Equity Investment Corp. reported 72 stock positions worth $5.0 billion. Its top holding was GSK PLC-Spon ADR (GSK) at 4.1% of the portfolio, followed by Verizon Communications (VZ, 3.8%) and Wells Fargo (WFC, 3.6%). Compared with Q3 2025, it opened 7 new positions, added to 36 and reduced 28. The biggest buy was iShares Russell 1000 Value E (IWD, shares +151%) and the biggest sale Zimmer Biomet (ZBH, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0001685771
- Portfolio Value
- $5.0B (Q4 2025)
- SEC Filing
- 0001685771-26-000002 ↗ filed Feb 12, 2026
Holdings Value
Holdings 72 stocks · $5.0B
| GSK GSK PLC-Spon ADR | 4.07% | 4,110,579 | $201.6M | Reduce -3.7% |
| VZ Verizon Communications Inc. | 3.82% | 4,642,061 | $189.1M | Add +1.4% |
| WFC Wells Fargo & Co. | 3.63% | 1,931,501 | $180.0M | Reduce -1.7% |
| USB US Bancorp | 3.50% | 3,249,160 | $173.4M | Reduce -1.3% |
| UPS United Parcel Service Class B | 3.09% | 1,541,675 | $152.9M | Add +2.8% |
| TTE Totalenergies SE | 3.00% | 2,270,475 | $148.5M | Add +0.7% |
| MDT Medtronic PLC | 2.95% | 1,522,213 | $146.2M | Add +0.2% |
| DG Dollar General Corp. | 2.81% | 1,048,475 | $139.2M | Reduce -2.1% |
| PNC PNC Financial Services Group | 2.64% | 627,233 | $130.9M | Add +1.2% |
| SNY Sanofi-ADR | 2.57% | 2,624,212 | $127.2M | Add +1.4% |
| UL Unilever PLC-Sponsored ADR | 2.43% | 1,843,234 | $120.5M | Add +0.4% |
| ZBH Zimmer Biomet Holdings Inc. | 2.42% | 1,333,446 | $119.9M | Reduce -7.5% |
| KVUE Kenvue Inc. | 2.38% | 6,820,350 | $117.7M | Add +32.0% |
| PYPL PayPal Holdings Inc. | 2.35% | 1,991,018 | $116.2M | Reduce -3.0% |
| ICLR Icon PLC | 2.29% | 623,188 | $113.6M | Reduce -0.8% |
| GL Globe Life Inc. | 2.29% | 810,233 | $113.3M | Reduce -1.4% |
| B Barrick Mining Corp. | 2.28% | 2,596,877 | $113.1M | Reduce -24.9% |
| DOC Healthpeak Properties Inc. | 2.28% | 7,021,844 | $112.9M | Add +31.7% |
| TGT Target Corp. | 2.28% | 1,154,851 | $112.9M | Reduce -10.9% |
| TFC Truist Financial Corp. | 2.25% | 2,262,016 | $111.3M | Reduce -0.1% |
| T AT&T Inc. | 2.20% | 4,386,501 | $109.0M | Add +2.5% |
| IWD iShares Russell 1000 Value E | 2.17% | 512,134 | $107.7M | Add +151.2% |
| TRV The Travelers Cos Inc. | 2.17% | 369,808 | $107.3M | Reduce -0.3% |
| WPC WP Carey Inc. | 2.11% | 1,626,111 | $104.7M | Add +2.8% |
| HSY The Hershey Co. | 2.07% | 564,201 | $102.7M | Add +0.8% |
| AGNC AGNC Investment Corp. | 2.06% | 9,522,532 | $102.1M | Reduce -0.3% |
| PPG PPG Industries Inc. | 2.06% | 995,323 | $102.0M | Add +3.4% |
| CTRA Coterra Energy Inc. | 2.03% | 3,820,200 | $100.5M | Add +0.9% |
| SCHW Schwab (charles) Corp. | 1.99% | 988,073 | $98.7M | Reduce -1.8% |
| DEO Diageo PLC-Sponsored ADR | 1.98% | 1,137,390 | $98.1M | Add +16.8% |
| GD General Dynamics Corp. | 1.91% | 281,703 | $94.8M | Reduce -3.4% |
| BAX Baxter International Inc. | 1.89% | 4,896,701 | $93.6M | Add +5.1% |
| GPC Genuine Parts Co. | 1.88% | 757,432 | $93.1M | Add +1.0% |
| INGR Ingredion Inc. | 1.76% | 789,939 | $87.1M | Add +2.4% |
| NFG National Fuel Gas Co. | 1.66% | 1,027,278 | $82.2M | Reduce -1.5% |
| HIG Hartford Insurance Group Inc. | 1.62% | 580,989 | $80.1M | Add +1.0% |
| JLL Jones Lang Lasalle Inc. | 1.60% | 235,422 | $79.2M | Reduce -2.6% |
| SHEL Shell PLC-ADR | 1.59% | 1,068,612 | $78.5M | Reduce -0.0% |
| OSK Oshkosh Corp. | 1.58% | 622,320 | $78.2M | Reduce -0.0% |
| BF.B Brown-Forman Corp. Class B | 1.46% | 2,784,396 | $72.6M | Reduce -18.4% |
| HMC Honda Motor Co. Ltd.-Spons ADR | 1.37% | 2,302,204 | $67.9M | Add +1.2% |
| WMB Williams Cos Inc. | 1.25% | 1,027,467 | $61.8M | Reduce -1.4% |
| NNN NNN REIT Inc. | 1.24% | 1,550,997 | $61.5M | Reduce -0.3% |
| SGOV iShares 0-3 Month Treasury B | 1.19% | 587,041 | $58.9M | Add +8.0% |
| IWB iShares Russell 1000 ETF | 0.54% | 71,179 | $26.6M | New |
| JNJ Johnson & Johnson | 0.38% | 90,021 | $18.6M | Reduce -0.7% |
| IUSV iShares Core S&P U.S. Value | 0.19% | 91,904 | $9.4M | Add +144.7% |
| MICC The Magnum Ice Cream Co. NV | 0.13% | 407,518 | $6.5M | Reduce -1.4% |
| VT Vanguard Tot World STK ETF | 0.09% | 32,280 | $4.6M | Add +0.8% |
| RSP Invesco S&P 500 Equal Weight | 0.08% | 21,547 | $4.1M | Add +0.4% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.07% | 40,361 | $3.2M | Add +2.7% |
| VMBS Vanguard Mortgage-Backed Sec | 0.06% | 65,470 | $3.1M | Add +1.0% |
| VUSB Vanguard Ultra Short Bond Et | 0.05% | 46,600 | $2.3M | Add +0.8% |
| VTIP Vanguard Short-Term Tips | 0.04% | 45,058 | $2.2M | Add +0.3% |
| AXP American Express Co. | 0.04% | 5,967 | $2.2M | Reduce -12.7% |
| DLTR Dollar Tree Inc. | 0.02% | 8,499 | $1.0M | Reduce -10.0% |
| BSV Vanguard Short-Term Bond ETF | 0.02% | 12,399 | $977K | Add +1.3% |
| BND Vanguard Total Bond Market | 0.02% | 13,172 | $976K | Add +1.3% |
| GPN Global Payments Inc. | 0.02% | 10,448 | $809K | Add +1.0% |
| EXPE Expedia Group Inc. | 0.01% | 2,255 | $639K | New |
| XOM Exxon Mobil Corp. | 0.01% | 5,121 | $616K | No change |
| CSCO Cisco Systems Inc. | 0.01% | 5,217 | $402K | New |
| CMA Comerica Inc. | 0.01% | 3,578 | $311K | Add +0.9% |
| KEY Keycorp | 0.01% | 12,851 | $265K | Add +2.8% |
| GDX Vaneck Gold Miners ETF | 0.01% | 2,975 | $255K | Reduce -15.0% |
| SNN Smith & Nephew PLC -Spon ADR | 0.01% | 7,502 | $246K | Add +4.0% |
| WTM White Mountains Insurance GP | 0.00% | 113 | $235K | New |
| PPL PPL Corp. | 0.00% | 6,669 | $234K | New |
| ORI Old Republic Intl Corp. | 0.00% | 4,750 | $217K | Reduce -1.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.00% | 693 | $211K | New |
| VOD Vodafone Group PLC-SP ADR | 0.00% | 15,783 | $208K | New |
| HBAN Huntington Bancshares Inc. | 0.00% | 11,618 | $202K | Add +1.4% |
Portfolio Sells Q3 2025 → Q4 2025
| ZBH Zimmer Biomet Holdings Inc. | Reduce -7.5% | 2.42% | −0.55 |
| PYPL PayPal Holdings Inc. | Reduce -3.0% | 2.35% | −0.54 |
| BF.B Brown-Forman Corp. Class B | Reduce -18.4% | 1.46% | −0.47 |
| NFG National Fuel Gas Co. | Reduce -1.5% | 1.66% | −0.36 |
| GL Globe Life Inc. | Reduce -1.4% | 2.29% | −0.17 |
| GD General Dynamics Corp. | Reduce -3.4% | 1.91% | −0.17 |
| TGT Target Corp. | Reduce -10.9% | 2.28% | −0.16 |
| NNN NNN REIT Inc. | Reduce -0.3% | 1.24% | −0.15 |
| WMB Williams Cos Inc. | Reduce -1.4% | 1.25% | −0.14 |
| OSK Oshkosh Corp. | Reduce -0.0% | 1.58% | −0.11 |
| B Barrick Mining Corp. | Reduce -24.9% | 2.28% | −0.09 |
| SCHW Schwab (charles) Corp. | Reduce -1.8% | 1.99% | −0.02 |
| SHEL Shell PLC-ADR | Reduce -0.0% | 1.59% | −0.02 |
| ICLR Icon PLC | Reduce -0.8% | 2.29% | −0.01 |
| MICC The Magnum Ice Cream Co. NV | Reduce -1.4% | 0.13% | −0.01 |
| AXP American Express Co. | Reduce -12.7% | 0.04% | −0.00 |
| TRV The Travelers Cos Inc. | Reduce -0.3% | 2.17% | −0.00 |
| GDX Vaneck Gold Miners ETF | Reduce -15.0% | 0.01% | −0.00 |
| ORI Old Republic Intl Corp. | Reduce -1.7% | 0.00% | +0.00 |
| DLTR Dollar Tree Inc. | Reduce -10.0% | 0.02% | +0.00 |
| JNJ Johnson & Johnson | Reduce -0.7% | 0.38% | +0.02 |
| TFC Truist Financial Corp. | Reduce -0.1% | 2.25% | +0.08 |
| JLL Jones Lang Lasalle Inc. | Reduce -2.6% | 1.60% | +0.09 |
| AGNC AGNC Investment Corp. | Reduce -0.3% | 2.06% | +0.10 |
| USB US Bancorp | Reduce -1.3% | 3.50% | +0.17 |
| WFC Wells Fargo & Co. | Reduce -1.7% | 3.63% | +0.19 |
| GSK GSK PLC-Spon ADR | Reduce -3.7% | 4.07% | +0.21 |
| DG Dollar General Corp. | Reduce -2.1% | 2.81% | +0.49 |
Portfolio Buys Q3 2025 → Q4 2025
| IWD iShares Russell 1000 Value E | Add +151.2% | 2.17% | +1.31 |
| KVUE Kenvue Inc. | Add +32.0% | 2.38% | +0.62 |
| IWB iShares Russell 1000 ETF | New | 0.54% | +0.54 |
| UPS United Parcel Service Class B | Add +2.8% | 3.09% | +0.46 |
| TTE Totalenergies SE | Add +0.7% | 3.00% | +0.18 |
| CTRA Coterra Energy Inc. | Add +0.9% | 2.03% | +0.15 |
| DOC Healthpeak Properties Inc. | Add +31.7% | 2.28% | +0.14 |
| IUSV iShares Core S&P U.S. Value | Add +144.7% | 0.19% | +0.11 |
| SGOV iShares 0-3 Month Treasury B | Add +8.0% | 1.19% | +0.04 |
| PNC PNC Financial Services Group | Add +1.2% | 2.64% | +0.04 |
| DEO Diageo PLC-Sponsored ADR | Add +16.8% | 1.98% | +0.03 |
| EXPE Expedia Group Inc. | New | 0.01% | +0.01 |
| SNY Sanofi-ADR | Add +1.4% | 2.57% | +0.01 |
| HIG Hartford Insurance Group Inc. | Add +1.0% | 1.62% | +0.01 |
| CSCO Cisco Systems Inc. | New | 0.01% | +0.01 |
| PPL PPL Corp. | New | 0.00% | +0.00 |
| WTM White Mountains Insurance GP | New | 0.00% | +0.00 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.00% | +0.00 |
| VOD Vodafone Group PLC-SP ADR | New | 0.00% | +0.00 |
| CMA Comerica Inc. | Add +0.9% | 0.01% | +0.00 |
| KEY Keycorp | Add +2.8% | 0.01% | +0.00 |
| HBAN Huntington Bancshares Inc. | Add +1.4% | 0.00% | −0.00 |
| SNN Smith & Nephew PLC -Spon ADR | Add +4.0% | 0.01% | −0.00 |
| BSV Vanguard Short-Term Bond ETF | Add +1.3% | 0.02% | −0.00 |
| VT Vanguard Tot World STK ETF | Add +0.8% | 0.09% | −0.00 |
| BND Vanguard Total Bond Market | Add +1.3% | 0.02% | −0.00 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +2.7% | 0.07% | −0.00 |
| VUSB Vanguard Ultra Short Bond Et | Add +0.8% | 0.05% | −0.00 |
| VMBS Vanguard Mortgage-Backed Sec | Add +1.0% | 0.06% | −0.00 |
| GPN Global Payments Inc. | Add +1.0% | 0.02% | −0.00 |
| RSP Invesco S&P 500 Equal Weight | Add +0.4% | 0.08% | −0.00 |
| VTIP Vanguard Short-Term Tips | Add +0.3% | 0.04% | −0.00 |
| PPG PPG Industries Inc. | Add +3.4% | 2.06% | −0.06 |
| MDT Medtronic PLC | Add +0.2% | 2.95% | −0.08 |
| HMC Honda Motor Co. Ltd.-Spons ADR | Add +1.2% | 1.37% | −0.10 |
| HSY The Hershey Co. | Add +0.8% | 2.07% | −0.12 |
| WPC WP Carey Inc. | Add +2.8% | 2.11% | −0.13 |
| UL Unilever PLC-Sponsored ADR | Add +0.4% | 2.43% | −0.13 |
| INGR Ingredion Inc. | Add +2.4% | 1.76% | −0.21 |
| GPC Genuine Parts Co. | Add +1.0% | 1.88% | −0.30 |
| T AT&T Inc. | Add +2.5% | 2.20% | −0.33 |
| BAX Baxter International Inc. | Add +5.1% | 1.89% | −0.33 |
| VZ Verizon Communications Inc. | Add +1.4% | 3.82% | −0.40 |
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 |