F&V Capital Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 16, 2025), F&V Capital Management, LLC reported 55 stock positions worth $385.3 million. Its top holding was Chevron (CVX) at 5.4% of the portfolio, followed by RTX (RTX, 5.2%) and United Rentals (URI, 4.9%). Compared with Q4 2024, it opened 4 new positions, sold out of 5, added to 11 and reduced 25. The biggest buy was Meta Platforms Class A (META, shares +77%) and the biggest sale Oracle (ORCL, shares −30%).
- Most Recent 13F
- Q2 2026
- Location
- BOCA RATON, FL
- CIK
- 0001569453
- Portfolio Value
- $385.3M (Q1 2025)
- SEC Filing
- 0001569453-25-000002 ↗ filed Apr 16, 2025
Holdings Value
Holdings 55 stocks · $385.3M
| CVX Chevron Corp. | 5.43% | 125,016 | $20.9M | Reduce -1.3% |
| RTX RTX Corp. | 5.25% | 152,664 | $20.2M | Reduce -1.9% |
| URI United Rentals Inc. | 4.87% | 29,950 | $18.8M | Reduce -0.8% |
| ALL Allstate Corp. | 4.85% | 90,229 | $18.7M | Reduce -1.9% |
| GILD Gilead Sciences Inc. | 4.46% | 153,240 | $17.2M | Reduce -1.4% |
| PSX Phillips 66 | 4.26% | 133,002 | $16.4M | Reduce -0.9% |
| NEM Newmont Corp. | 4.23% | 337,950 | $16.3M | Reduce -0.4% |
| MDT Medtronic PLC | 4.20% | 179,885 | $16.2M | Add +1.6% |
| ORCL Oracle Corp. | 4.18% | 115,315 | $16.1M | Reduce -29.5% |
| COP Conocophillips | 4.13% | 151,430 | $15.9M | Reduce -1.1% |
| FDX FedEx Corp. | 4.04% | 63,817 | $15.6M | Reduce -0.2% |
| PYPL PayPal Holdings Inc. | 3.83% | 226,410 | $14.8M | Reduce -0.2% |
| FOX Fox Corp. Class B | 3.83% | 279,723 | $14.7M | Reduce -1.7% |
| AEP American Electric Power | 3.72% | 131,062 | $14.3M | Reduce -1.1% |
| CAG Conagra Brands Inc. | 3.57% | 516,318 | $13.8M | Reduce -0.9% |
| MLI Mueller Industries Inc. | 3.43% | 173,770 | $13.2M | Reduce -0.3% |
| CSCO Cisco Systems Inc. | 3.09% | 192,748 | $11.9M | Reduce -0.5% |
| META Meta Platforms Inc. Class A | 2.84% | 18,962 | $10.9M | Add +76.9% |
| VZ Verizon Communications Inc. | 2.72% | 231,431 | $10.5M | Reduce -0.8% |
| BMY Bristol-Myers Squibb Co. | 2.70% | 170,721 | $10.4M | Reduce -0.8% |
| VMI Valmont Industries | 2.64% | 35,644 | $10.2M | Reduce -1.8% |
| BKR Baker Hughes Co. | 2.59% | 226,655 | $10.0M | Reduce -1.4% |
| CVS CVS Health Corp. | 2.52% | 143,249 | $9.7M | Add +5.7% |
| AMAT Applied Materials Inc. | 2.42% | 64,321 | $9.3M | Reduce -1.2% |
| HPQ HP Inc. | 2.38% | 331,306 | $9.2M | Add +0.7% |
| QRVO Qorvo Inc. | 1.75% | 92,948 | $6.7M | Reduce -0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.90% | 6,226 | $3.5M | No change |
| IVV iShares Core S&P 500 ETF | 0.51% | 3,529 | $2.0M | No change |
| EPD Enterprise Products Partners | 0.48% | 53,959 | $1.8M | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.47% | 3,873 | $1.8M | Add +7.5% |
| DES Wisdomtree US Smallcap Divid | 0.41% | 49,840 | $1.6M | Reduce -4.5% |
| VGK Vanguard Ftse Europe ETF | 0.41% | 22,427 | $1.6M | No change |
| IDEV iShares Core MSCI Dev MKTS | 0.31% | 17,110 | $1.2M | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.27% | 3,795 | $1.0M | Add +0.4% |
| VWO Vanguard Ftse Emerging Marke | 0.27% | 22,580 | $1.0M | No change |
| MPLX MPLX LP | 0.17% | 12,250 | $656K | Add +58.1% |
| EWG iShares MSCI Germany ETF | 0.15% | 15,630 | $580K | No change |
| CNYA iShares MSCI China A ETF | 0.14% | 19,320 | $542K | No change |
| EWJ iShares MSCI Japan ETF | 0.13% | 7,205 | $494K | Add +7.5% |
| AAPL Apple Inc. | 0.13% | 2,215 | $492K | Add +63.5% |
| SPH Suburban Propane Partners LP | 0.12% | 22,093 | $464K | No change |
| HESM Hess Midstream LP Class A | 0.12% | 10,500 | $444K | No change |
| PAA Plains All Amer Pipeline LP | 0.11% | 22,000 | $440K | No change |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.11% | 7,820 | $431K | Reduce -2.4% |
| AMZN Amazon.com Inc. | 0.11% | 2,154 | $410K | Add +42.7% |
| IJR iShares Core S&P Small-Cap E | 0.10% | 3,720 | $389K | Reduce -9.8% |
| WES Western Midstream Partners L | 0.10% | 9,050 | $371K | Add +13.1% |
| BSM Black Stone Minerals LP | 0.08% | 20,200 | $308K | No change |
| USAC USA Compression Partners LP | 0.08% | 11,150 | $301K | New |
| EFA iShares MSCI Eafe ETF | 0.07% | 3,500 | $286K | New |
| VGT Vanguard Info Tech ETF | 0.07% | 500 | $271K | No change |
| VPL Vanguard Ftse Pacific ETF | 0.07% | 3,630 | $263K | No change |
| FLIN Franklin Ftse India ETF | 0.06% | 6,700 | $247K | No change |
| COST Costco Wholesale Corp. | 0.06% | 250 | $236K | New |
| MSFT Microsoft Corp. | 0.06% | 616 | $231K | New |
Portfolio Sells Q4 2024 → Q1 2025
| ORCL Oracle Corp. | Reduce -29.5% | 4.18% | −2.99 |
| PYPL PayPal Holdings Inc. | Reduce -0.2% | 3.83% | −1.26 |
| URI United Rentals Inc. | Reduce -0.8% | 4.87% | −0.72 |
| FDX FedEx Corp. | Reduce -0.2% | 4.04% | −0.70 |
| AMAT Applied Materials Inc. | Reduce -1.2% | 2.42% | −0.36 |
| VMI Valmont Industries | Reduce -1.8% | 2.64% | −0.29 |
| ET Energy Transfer LP | Sold out | 0.00% | −0.28 |
| CAG Conagra Brands Inc. | Reduce -0.9% | 3.57% | −0.23 |
| MLI Mueller Industries Inc. | Reduce -0.3% | 3.43% | −0.21 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.07 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.06 |
| DES Wisdomtree US Smallcap Divid | Reduce -4.5% | 0.41% | −0.06 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.06 |
| PAGP Plains GP Holdings LP | Sold out | 0.00% | −0.04 |
| IJR iShares Core S&P Small-Cap E | Reduce -9.8% | 0.10% | −0.02 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -2.4% | 0.11% | −0.01 |
| QRVO Qorvo Inc. | Reduce -0.6% | 1.75% | +0.03 |
| CSCO Cisco Systems Inc. | Reduce -0.5% | 3.09% | +0.07 |
| BKR Baker Hughes Co. | Reduce -1.4% | 2.59% | +0.10 |
| COP Conocophillips | Reduce -1.1% | 4.13% | +0.13 |
| BMY Bristol-Myers Squibb Co. | Reduce -0.8% | 2.70% | +0.14 |
| ALL Allstate Corp. | Reduce -1.9% | 4.85% | +0.18 |
| PSX Phillips 66 | Reduce -0.9% | 4.26% | +0.24 |
| VZ Verizon Communications Inc. | Reduce -0.8% | 2.72% | +0.27 |
| FOX Fox Corp. Class B | Reduce -1.7% | 3.83% | +0.40 |
| AEP American Electric Power | Reduce -1.1% | 3.72% | +0.50 |
| RTX RTX Corp. | Reduce -1.9% | 5.25% | +0.51 |
| CVX Chevron Corp. | Reduce -1.3% | 5.43% | +0.60 |
| GILD Gilead Sciences Inc. | Reduce -1.4% | 4.46% | +0.68 |
| NEM Newmont Corp. | Reduce -0.4% | 4.23% | +0.91 |
Portfolio Buys Q4 2024 → Q1 2025
| META Meta Platforms Inc. Class A | Add +76.9% | 2.84% | +1.19 |
| CVS CVS Health Corp. | Add +5.7% | 2.52% | +0.92 |
| MDT Medtronic PLC | Add +1.6% | 4.20% | +0.47 |
| USAC USA Compression Partners LP | New | 0.08% | +0.08 |
| EFA iShares MSCI Eafe ETF | New | 0.07% | +0.07 |
| MPLX MPLX LP | Add +58.1% | 0.17% | +0.07 |
| COST Costco Wholesale Corp. | New | 0.06% | +0.06 |
| MSFT Microsoft Corp. | New | 0.06% | +0.06 |
| AAPL Apple Inc. | Add +63.5% | 0.13% | +0.04 |
| AMZN Amazon.com Inc. | Add +42.7% | 0.11% | +0.02 |
| WES Western Midstream Partners L | Add +13.1% | 0.10% | +0.02 |
| EWJ iShares MSCI Japan ETF | Add +7.5% | 0.13% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +7.5% | 0.47% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.4% | 0.27% | −0.02 |
| HPQ HP Inc. | Add +0.7% | 2.38% | −0.44 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 63 | $542.3M | URI, AMAT, RTX, CSCO, PSX |
| Q1 2026 | 59 | $473.3M | RTX, CVX, PSX, AMAT, FDX |
| Q4 2025Amended | 60 | $470.3M | RTX, AMAT, URI, MLI, META |
| Q3 2025 | 54 | $445.3M | URI, NEM, RTX, ORCL, META |
| Q2 2025 | 54 | $391.3M | ORCL, URI, RTX, META, NEM |
| Q1 2025 | 55 | $385.3M | CVX, RTX, URI, ALL, GILD |
| Q4 2024 | 56 | $380.0M | ORCL, URI, PYPL, CVX, RTX |
| Q3 2024 | 53 | $389.1M | ORCL, URI, RTX, CVX, NEM |
| Q2 2024 | 52 | $343.0M | URI, ORCL, CVX, FDX, PSX |
| Q1 2024 | 56 | $339.4M | URI, PSX, ORCL, CVX, FDX |