Guardian Investment Management
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 26, 2024), Guardian Investment Management reported 54 stock positions worth $124.4 million. Its top holding was Apple (AAPL) at 14.0% of the portfolio, followed by Nvidia (NVDA, 7.7%) and Microsoft (MSFT, 5.1%). Compared with Q4 2023, it opened 2 new positions, sold out of 4, added to 16 and reduced 25. The biggest buy was Quantumscape (QS, shares +204%) and the biggest sale Apple (AAPL, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- TIBURON, CA
- CIK
- 0001365474
- Portfolio Value
- $124.4M (Q1 2024)
- SEC Filing
- 0001085146-24-002056 ↗ filed Apr 26, 2024
Holdings Value
Holdings 54 stocks · $124.4M
| AAPL Apple Inc. | 13.98% | 101,353 | $17.4M | Reduce -13.9% |
| NVDA Nvidia Corp. | 7.74% | 10,647 | $9.6M | Reduce -4.4% |
| MSFT Microsoft Corp. | 5.06% | 14,955 | $6.3M | Add +6.6% |
| INTC Intel Corp. | 4.08% | 114,880 | $5.1M | Add +10.9% |
| AMGN Amgen Inc. | 3.49% | 14,829 | $4.3M | Reduce -1.6% |
| JPM JPMorgan Chase & Co. | 3.25% | 20,174 | $4.0M | Reduce -10.1% |
| WMT Walmart Inc. | 3.11% | 64,345 | $3.9M | Add +0.6% |
| COST Costco Wholesale Corp. | 3.06% | 5,200 | $3.8M | Reduce -3.2% |
| JNJ Johnson & Johnson | 2.97% | 23,322 | $3.7M | Reduce -1.1% |
| ABBV Abbvie Inc. | 2.96% | 20,226 | $3.7M | Reduce -8.6% |
| CVX Chevron Corp. | 2.69% | 21,228 | $3.3M | Reduce -2.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.61% | 85,548 | $3.2M | Add +6.2% |
| PG The Procter & Gamble Co. | 2.39% | 18,355 | $3.0M | No change |
| QS Quantumscape Corp. | 2.35% | 19,210 | $2.9M | Add +204.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.30% | 6,790 | $2.9M | Add +0.1% |
| ITW Illinois Tool Works | 1.86% | 8,600 | $2.3M | Reduce -12.2% |
| GE General Electric | 1.83% | 12,980 | $2.3M | Add +10.4% |
| BIIB Biogen Inc. | 1.76% | 10,165 | $2.2M | No change |
| CMCSA Comcast Corp. Class A | 1.75% | 50,112 | $2.2M | Reduce -23.0% |
| MRK Merck & Co. Inc. | 1.72% | 16,200 | $2.1M | Reduce -8.5% |
| CAT Caterpillar Inc. | 1.56% | 5,287 | $1.9M | No change |
| BA The Boeing Co. | 1.42% | 9,210 | $1.8M | Add +6.8% |
| PEP Pepsico Inc. | 1.42% | 10,080 | $1.8M | No change |
| DE Deere & Co. | 1.40% | 4,230 | $1.7M | Add +159.5% |
| V Visa Inc. Class A | 1.33% | 39,418 | $1.7M | Add +76.3% |
| CSX CSX Corp. | 1.32% | 44,250 | $1.6M | Reduce -2.0% |
| XOM Exxon Mobil Corp. | 1.29% | 13,793 | $1.6M | Reduce -4.2% |
| TXN Texas Instruments Inc. | 1.15% | 8,200 | $1.4M | No change |
| ABT Abbott Laboratories | 1.14% | 12,425 | $1.4M | Reduce -2.5% |
| CSCO Cisco Systems Inc. | 1.09% | 27,200 | $1.4M | Reduce -3.5% |
| KKR KKR & Co. Inc. | 1.09% | 13,500 | $1.4M | No change |
| MMM 3M Co. | 1.06% | 12,400 | $1.3M | Reduce -1.6% |
| AMZN Amazon.com Inc. | 0.99% | 6,858 | $1.2M | New |
| TGT Target Corp. | 0.86% | 6,050 | $1.1M | Add +0.8% |
| C Citigroup Inc. | 0.84% | 16,440 | $1.0M | Reduce -8.4% |
| SO The Southern Co. | 0.80% | 13,910 | $998K | Reduce -3.5% |
| AXP American Express Co. | 0.80% | 4,367 | $994K | Reduce -5.4% |
| T AT&T Inc. | 0.78% | 54,976 | $968K | Reduce -7.0% |
| HD Home Depot Inc. | 0.78% | 2,515 | $965K | Add +2.0% |
| MDLZ Mondelez International Inc. Class A | 0.71% | 12,550 | $879K | Add +900.0% |
| RTX RTX Corp. | 0.69% | 8,768 | $855K | Add +96.2% |
| ADP Automatic Data Processing | 0.64% | 3,200 | $799K | New |
| PFE Pfizer Inc. | 0.62% | 27,700 | $769K | Reduce -47.1% |
| BMY Bristol-Myers Squibb Co. | 0.62% | 14,125 | $766K | Reduce -43.1% |
| EMR Emerson Electric Co. | 0.61% | 6,650 | $754K | No change |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.59% | 4,800 | $740K | No change |
| QCOM Qualcomm Inc. | 0.55% | 4,040 | $684K | No change |
| GT Goodyear Tire & Rubber Co. | 0.49% | 44,200 | $607K | Add +31.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.47% | 3,075 | $587K | No change |
| WBD Warner Bros Discovery Inc. | 0.45% | 63,855 | $557K | Add +46.5% |
| NSC Norfolk Southern Corp. | 0.43% | 2,075 | $529K | Reduce -4.6% |
| DUK Duke Energy Corp. | 0.42% | 5,449 | $527K | Reduce -4.4% |
| GILD Gilead Sciences Inc. | 0.35% | 5,900 | $432K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.32% | 3,250 | $398K | Reduce -17.7% |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -13.9% | 13.98% | −5.11 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −1.61 |
| CMCSA Comcast Corp. Class A | Reduce -23.0% | 1.75% | −0.66 |
| PFE Pfizer Inc. | Reduce -47.1% | 0.62% | −0.65 |
| BMY Bristol-Myers Squibb Co. | Reduce -43.1% | 0.62% | −0.46 |
| ITW Illinois Tool Works | Reduce -12.2% | 1.86% | −0.31 |
| TRN Trinity Industries Inc. | Sold out | 0.00% | −0.26 |
| BNY Bank of New York Mellon Corp. | Sold out | 0.00% | −0.25 |
| HTBK Heritage Commerce Corp. | Sold out | 0.00% | −0.25 |
| AMGN Amgen Inc. | Reduce -1.6% | 3.49% | −0.17 |
| JNJ Johnson & Johnson | Reduce -1.1% | 2.97% | −0.15 |
| CSCO Cisco Systems Inc. | Reduce -3.5% | 1.09% | −0.11 |
| MMM 3M Co. | Reduce -1.6% | 1.06% | −0.10 |
| T AT&T Inc. | Reduce -7.0% | 0.78% | −0.06 |
| SO The Southern Co. | Reduce -3.5% | 0.80% | −0.05 |
| CVX Chevron Corp. | Reduce -2.6% | 2.69% | −0.05 |
| ABT Abbott Laboratories | Reduce -2.5% | 1.14% | −0.05 |
| DUK Duke Energy Corp. | Reduce -4.4% | 0.42% | −0.04 |
| NSC Norfolk Southern Corp. | Reduce -4.6% | 0.43% | −0.01 |
| CSX CSX Corp. | Reduce -2.0% | 1.32% | +0.00 |
| DIS The Walt Disney Co. | Reduce -17.7% | 0.32% | +0.02 |
| JPM JPMorgan Chase & Co. | Reduce -10.1% | 3.25% | +0.04 |
| C Citigroup Inc. | Reduce -8.4% | 0.84% | +0.06 |
| AXP American Express Co. | Reduce -5.4% | 0.80% | +0.07 |
| ABBV Abbvie Inc. | Reduce -8.6% | 2.96% | +0.07 |
| XOM Exxon Mobil Corp. | Reduce -4.2% | 1.29% | +0.08 |
| COST Costco Wholesale Corp. | Reduce -3.2% | 3.06% | +0.08 |
| MRK Merck & Co. Inc. | Reduce -8.5% | 1.72% | +0.09 |
| NVDA Nvidia Corp. | Reduce -4.4% | 7.74% | +3.09 |
Portfolio Buys Q4 2023 → Q1 2024
| QS Quantumscape Corp. | Add +204.4% | 2.35% | +1.60 |
| AMZN Amazon.com Inc. | New | 0.99% | +0.99 |
| DE Deere & Co. | Add +159.5% | 1.40% | +0.85 |
| ADP Automatic Data Processing | New | 0.64% | +0.64 |
| V Visa Inc. Class A | Add +76.3% | 1.33% | +0.62 |
| MSFT Microsoft Corp. | Add +6.6% | 5.06% | +0.62 |
| GE General Electric | Add +10.4% | 1.83% | +0.57 |
| RTX RTX Corp. | Add +96.2% | 0.69% | +0.37 |
| BAC Bank of America Corp. | Add +6.2% | 2.61% | +0.32 |
| WMT Walmart Inc. | Add +0.6% | 3.11% | +0.28 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.1% | 2.30% | +0.26 |
| TGT Target Corp. | Add +0.8% | 0.86% | +0.14 |
| GT Goodyear Tire & Rubber Co. | Add +31.2% | 0.49% | +0.08 |
| HD Home Depot Inc. | Add +2.0% | 0.78% | +0.06 |
| WBD Warner Bros Discovery Inc. | Add +46.5% | 0.45% | +0.03 |
| MDLZ Mondelez International Inc. Class A | Add +900.0% | 0.71% | −0.06 |
| INTC Intel Corp. | Add +10.9% | 4.08% | −0.30 |
| BA The Boeing Co. | Add +6.8% | 1.42% | −0.48 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 60 | $154.9M | AAPL, DHR, BX, AMGN, CAT |
| Q1 2026 | 60 | $126.7M | AAPL, DHR, BX, AMGN, COST |
| Q4 2025 | 56 | $128.3M | AAPL, BX, DHR, AMGN, MSFT |
| Q3 2025 | 55 | $117.6M | AAPL, DHR, MSFT, COST, AMGN |
| Q2 2025 | 51 | $99.4M | AAPL, DHR, AMGN, COST, MSFT |
| Q1 2025 | 57 | $118.8M | AAPL, BX, AMGN, DHR, COST |
| Q4 2024 | 57 | $140.1M | AAPL, BX, DHR, WMT, MSFT |
| Q3 2024 | 55 | $116.1M | AAPL, MSFT, DHR, WMT, COST |
| Q2 2024 | 56 | $139.8M | AAPL, AMZN, MSFT, AMGN, WMT |
| Q1 2024 | 54 | $124.4M | AAPL, NVDA, MSFT, INTC, AMGN |