F&V Capital Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed March 26, 2026), F&V Capital Management, LLC reported 60 stock positions worth $470.3 million. Its top holding was RTX (RTX) at 5.8% of the portfolio, followed by Applied Materials (AMAT, 5.2%) and United Rentals (URI, 5.1%). Compared with Q3 2025, it opened 6 new positions, added to 20 and reduced 19. The biggest buy was a new position in On Semiconductor (ON) and the biggest sale Newmont (NEM, shares −52%).
- Most Recent 13F
- Q2 2026
- Location
- BOCA RATON, FL
- CIK
- 0001569453
- Portfolio Value
- $470.3M (Q4 2025)
- SEC Filing
- 0001569453-26-000002 ↗ filed Mar 26, 2026
Holdings Value
Holdings 60 stocks · $470.3M
| RTX RTX Corp. | 5.83% | 149,410 | $27.4M | Reduce -0.9% |
| AMAT Applied Materials Inc. | 5.20% | 95,196 | $24.5M | Add +1.9% |
| URI United Rentals Inc. | 5.10% | 29,635 | $24.0M | Reduce -0.3% |
| MLI Mueller Industries Inc. | 4.22% | 172,716 | $19.8M | Add +0.8% |
| META Meta Platforms Inc. Class A | 4.06% | 28,947 | $19.1M | Reduce -1.2% |
| ALL Allstate Corp. | 4.06% | 91,646 | $19.1M | Add +0.1% |
| CVX Chevron Corp. | 4.03% | 124,226 | $18.9M | Add +0.1% |
| FDX FedEx Corp. | 3.95% | 64,399 | $18.6M | Reduce -0.6% |
| FOX Fox Corp. Class B | 3.94% | 285,570 | $18.5M | Reduce -0.8% |
| CSCO Cisco Systems Inc. | 3.79% | 231,525 | $17.8M | Add +0.3% |
| PSX Phillips 66 | 3.78% | 137,782 | $17.8M | Add +0.9% |
| MDT Medtronic PLC | 3.61% | 176,552 | $17.0M | Reduce -1.2% |
| NEM Newmont Corp. | 3.45% | 162,715 | $16.2M | Reduce -51.5% |
| CAG Conagra Brands Inc. | 3.24% | 880,644 | $15.2M | Reduce -1.4% |
| BMY Bristol-Myers Squibb Co. | 3.21% | 280,131 | $15.1M | Add +61.7% |
| ORCL Oracle Corp. | 3.21% | 77,415 | $15.1M | Add +0.1% |
| ON On Semiconductor | 3.21% | 278,390 | $15.1M | New |
| AEP American Electric Power | 3.15% | 128,348 | $14.8M | Reduce -1.3% |
| VMI Valmont Industries | 3.06% | 35,787 | $14.4M | Add +0.2% |
| PYPL PayPal Holdings Inc. | 2.82% | 226,805 | $13.2M | Reduce -0.2% |
| QRVO Qorvo Inc. | 2.78% | 154,529 | $13.1M | Reduce -0.4% |
| CVS CVS Health Corp. | 2.46% | 145,552 | $11.6M | Add +0.5% |
| LEA Lear Corp. | 2.10% | 86,020 | $9.9M | Reduce -0.3% |
| VZ Verizon Communications Inc. | 2.00% | 231,190 | $9.4M | Reduce -0.7% |
| DHI D.R. Horton Inc. | 1.97% | 64,345 | $9.3M | Add +0.5% |
| HPQ HP Inc. | 1.58% | 333,201 | $7.4M | Reduce -0.3% |
| GOOGL Alphabet Inc. Class A | 1.52% | 22,867 | $7.2M | Add +2037.1% |
| AXGN Axogen Inc. | 1.23% | 176,995 | $5.8M | New |
| USFR Wisdomtree Floating Rate Tre | 0.99% | 92,446 | $4.7M | Reduce -5.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.88% | 6,069 | $4.1M | Reduce -0.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.74% | 10,315 | $3.5M | Add +169.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.50% | 3,851 | $2.4M | Reduce -0.4% |
| IVV iShares Core S&P 500 ETF | 0.47% | 3,194 | $2.2M | No change |
| VGK Vanguard Ftse Europe ETF | 0.40% | 22,502 | $1.9M | Add +0.3% |
| VRTX Vertex Pharmaceuticals Inc. | 0.35% | 3,645 | $1.7M | New |
| IDEV iShares Core MSCI Dev MKTS | 0.30% | 17,110 | $1.4M | No change |
| DES Wisdomtree US Smallcap Divid | 0.27% | 38,395 | $1.3M | Add +9.6% |
| VWO Vanguard Ftse Emerging Marke | 0.26% | 22,933 | $1.2M | Add +1.6% |
| AFRM Affirm Holdings Inc. | 0.20% | 12,476 | $929K | Add +4.3% |
| VT Vanguard Tot World STK ETF | 0.19% | 6,485 | $915K | Add +53.7% |
| AVEM Avantis Emerging Markets Eq | 0.18% | 10,950 | $843K | No change |
| GILD Gilead Sciences Inc. | 0.16% | 6,200 | $761K | No change |
| EWG iShares MSCI Germany ETF | 0.15% | 16,630 | $707K | No change |
| COP Conocophillips | 0.15% | 7,376 | $690K | Reduce -14.1% |
| AAPL Apple Inc. | 0.13% | 2,289 | $622K | Add +8.2% |
| EWJ iShares MSCI Japan ETF | 0.12% | 7,205 | $582K | No change |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.12% | 7,820 | $568K | No change |
| IJR iShares Core S&P Small-Cap E | 0.10% | 3,770 | $453K | No change |
| PSQ Proshares Short QQQ | 0.10% | 15,000 | $453K | New |
| BKR Baker Hughes Co. | 0.09% | 9,100 | $414K | No change |
| VTWO Vanguard Russell 2000 ETF | 0.09% | 4,123 | $410K | New |
| VGT Vanguard Info Tech ETF | 0.08% | 500 | $377K | No change |
| VPL Vanguard Ftse Pacific ETF | 0.07% | 3,832 | $346K | Add +5.6% |
| MSFT Microsoft Corp. | 0.07% | 695 | $336K | Reduce -9.4% |
| USAC USA Compression Partners LP | 0.06% | 11,750 | $270K | No change |
| AMZN Amazon.com Inc. | 0.06% | 1,140 | $263K | No change |
| FLIN Franklin Ftse India ETF | 0.06% | 6,700 | $259K | No change |
| IJH iShares Core S&P Midcap ETF | 0.05% | 3,350 | $221K | No change |
| COST Costco Wholesale Corp. | 0.05% | 250 | $216K | No change |
| PLTR Palantir Technologies Inc. Class A | 0.04% | 1,171 | $208K | New |
Portfolio Sells Q3 2025 → Q4 2025
| NEM Newmont Corp. | Reduce -51.5% | 3.45% | −2.90 |
| URI United Rentals Inc. | Reduce -0.3% | 5.10% | −1.27 |
| META Meta Platforms Inc. Class A | Reduce -1.2% | 4.06% | −0.77 |
| PYPL PayPal Holdings Inc. | Reduce -0.2% | 2.82% | −0.61 |
| HPQ HP Inc. | Reduce -0.3% | 1.58% | −0.47 |
| CAG Conagra Brands Inc. | Reduce -1.4% | 3.24% | −0.43 |
| QRVO Qorvo Inc. | Reduce -0.4% | 2.78% | −0.40 |
| VZ Verizon Communications Inc. | Reduce -0.7% | 2.00% | −0.30 |
| MDT Medtronic PLC | Reduce -1.2% | 3.61% | −0.22 |
| AEP American Electric Power | Reduce -1.3% | 3.15% | −0.14 |
| USFR Wisdomtree Floating Rate Tre | Reduce -5.3% | 0.99% | −0.11 |
| COP Conocophillips | Reduce -14.1% | 0.15% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.8% | 0.88% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.4% | 0.50% | −0.02 |
| MSFT Microsoft Corp. | Reduce -9.4% | 0.07% | −0.02 |
| LEA Lear Corp. | Reduce -0.3% | 2.10% | +0.15 |
| RTX RTX Corp. | Reduce -0.9% | 5.83% | +0.16 |
| FOX Fox Corp. Class B | Reduce -0.8% | 3.94% | +0.24 |
| FDX FedEx Corp. | Reduce -0.6% | 3.95% | +0.52 |
Portfolio Buys Q3 2025 → Q4 2025
| ON On Semiconductor | New | 3.21% | +3.21 |
| GOOGL Alphabet Inc. Class A | Add +2037.1% | 1.52% | +1.46 |
| BMY Bristol-Myers Squibb Co. | Add +61.7% | 3.21% | +1.46 |
| AXGN Axogen Inc. | New | 1.23% | +1.23 |
| AMAT Applied Materials Inc. | Add +1.9% | 5.20% | +0.90 |
| VTI VG Morningstar TS MKT ETF-US | Add +169.3% | 0.74% | +0.45 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.35% | +0.35 |
| MLI Mueller Industries Inc. | Add +0.8% | 4.22% | +0.33 |
| CSCO Cisco Systems Inc. | Add +0.3% | 3.79% | +0.25 |
| PSQ Proshares Short QQQ | New | 0.10% | +0.10 |
| VTWO Vanguard Russell 2000 ETF | New | 0.09% | +0.09 |
| VT Vanguard Tot World STK ETF | Add +53.7% | 0.19% | +0.06 |
| PLTR Palantir Technologies Inc. Class A | New | 0.04% | +0.04 |
| AAPL Apple Inc. | Add +8.2% | 0.13% | +0.01 |
| DES Wisdomtree US Smallcap Divid | Add +9.6% | 0.27% | +0.01 |
| CVS CVS Health Corp. | Add +0.5% | 2.46% | +0.00 |
| VPL Vanguard Ftse Pacific ETF | Add +5.6% | 0.07% | +0.00 |
| AFRM Affirm Holdings Inc. | Add +4.3% | 0.20% | +0.00 |
| VGK Vanguard Ftse Europe ETF | Add +0.3% | 0.40% | −0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +1.6% | 0.26% | −0.01 |
| VMI Valmont Industries | Add +0.2% | 3.06% | −0.05 |
| CVX Chevron Corp. | Add +0.1% | 4.03% | −0.30 |
| ALL Allstate Corp. | Add +0.1% | 4.06% | −0.36 |
| PSX Phillips 66 | Add +0.9% | 3.78% | −0.39 |
| DHI D.R. Horton Inc. | Add +0.5% | 1.97% | −0.47 |
| ORCL Oracle Corp. | Add +0.1% | 3.21% | −1.67 |
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 |