Hoertkorn Richard Charles

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 24, 2025), Hoertkorn Richard Charles reported 80 stock positions worth $216.2 million. Its top holding was Apple (AAPL) at 10.2% of the portfolio, followed by Marvell Technology (MRVL, 7.7%) and Microsoft (MSFT, 7.4%). Compared with Q4 2024, it opened 1 new position, sold out of 2, added to 6 and reduced 29. The biggest buy was Paramount Global Class B (PARAA, shares +10%) and the biggest sale Marvell Technology (MRVL, shares −3%).

Most Recent 13F
Q2 2026
Location
KENTFIELD, CA
CIK
0001598177
Portfolio Value
$216.2M (Q1 2025)
SEC Filing
0001598177-25-000002 ↗ filed Apr 24, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $232.9M Q1 2024 Q2 2024: $229.6M Q2 2024 Q3 2024: $231.8M Q3 2024 Q4 2024: $243.2M Q4 2024 Q1 2025: $216.2M $216.2M Q1 2025 Q2 2025: $236.2M Q2 2025 Q3 2025: $258.6M Q3 2025 Q4 2025: $257.4M Q4 2025 Q1 2026: $121.9M Q1 2026 Q2 2026: $149.2M Q2 2026

Holdings 80 stocks · $216.2M
AAPL Apple Inc. 10.19% 99,122 $22.0M Reduce -14.8%
MRVL Marvell Technology Group Ltd. 7.71% 270,659 $16.7M Reduce -3.5%
MSFT Microsoft Corp. 7.35% 42,330 $15.9M Reduce -2.3%
KMI Kinder Morgan Inc. 6.69% 507,048 $14.5M Reduce -3.2%
GE General Electric Company 6.24% 67,408 $13.5M Reduce -4.0%
JPM JPMorgan Chase & Co. 6.05% 53,297 $13.1M Reduce -2.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 5.58% 288,813 $12.1M Reduce -2.8%
TMUS T-Mobile US Inc. 5.27% 42,725 $11.4M Reduce -1.4%
PG The Procter & Gamble Co. 5.05% 64,039 $10.9M Reduce -3.8%
GOOGL Alphabet Inc. Class A 4.94% 69,079 $10.7M Reduce -8.5%
HD Home Depot Inc. 3.40% 20,055 $7.3M Reduce -0.0%
SCHWAB CHARLES CORP NEW 3.31% 91,430 $7.2M Reduce -6.1%
BA The Boeing Co. 2.66% 33,693 $5.7M Reduce -0.1%
GEV GE Vernova Inc. 2.39% 16,927 $5.2M Reduce -3.5%
DVN Devon Energy Corp. 2.04% 117,837 $4.4M Reduce -5.8%
APACHE CORP filed as APA CORPORATION 1.72% 177,321 $3.7M Reduce -2.0%
PYPL PayPal Holdings Inc. 1.72% 56,949 $3.7M Add +0.1%
F Ford Motor Co. filed as FORD MTR CO 1.63% 351,530 $3.5M Reduce -5.9%
CSCO Cisco Systems Inc. 1.62% 56,637 $3.5M Reduce -7.7%
XOM Exxon Mobil Corp. 1.57% 28,471 $3.4M Reduce -2.2%
MCD McDonald's Corp. 1.44% 9,992 $3.1M Reduce -18.3%
PARAA Paramount Global Class B 1.40% 252,485 $3.0M Add +10.2%
CVX Chevron Corp. 1.09% 14,147 $2.4M Reduce -2.8%
AMZN Amazon.com Inc. 1.00% 11,322 $2.2M Add +27.1%
BRK.B Berkshire Hathaway Inc. Class B 0.90% 3,654 $1.9M No change
INTC Intel Corp. 0.86% 82,200 $1.9M Add +0.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.74% 16,121 $1.6M Reduce -4.7%
COP Conocophillips 0.66% 13,608 $1.4M Reduce -2.9%
CBRE CBRE Group Inc. Class A 0.60% 10,607 $1.3M Reduce -15.9%
NVDA Nvidia Corp. 0.55% 11,006 $1.2M Add +209.2%
JNJ Johnson & Johnson 0.55% 7,139 $1.2M Reduce -11.2%
CG The Carlyle Group Inc. 0.48% 24,000 $1.0M Reduce -4.0%
AMD Advanced Micro Devices 0.34% 7,117 $731K Add +16.7%
GOOG Alphabet Inc. Class C 0.27% 3,759 $587K No change
LLY Eli Lilly & Co. 0.27% 700 $578K No change
ITW Illinois Tool Works 0.23% 2,000 $496K No change
BABA Alibaba Group Holding-SP ADR 0.21% 3,509 $464K No change
KO The Coca-Cola Co. 0.15% 4,605 $330K No change
DNP DNP Select Income Fund Inc. 0.12% 25,866 $256K No change
JHI John Hancock Investors TR 0.09% 14,000 $190K No change
RTX RTX Corp. 0.08% 1,365 $181K No change
VOOG Vanguard S&P 500 Growth ETF 0.08% 534 $179K No change
BX Blackstone Inc. 0.08% 1,175 $164K No change
PEP Pepsico Inc. 0.06% 930 $139K No change
PFE Pfizer Inc. 0.06% 5,234 $133K Reduce -1.9%
T AT&T Inc. 0.05% 4,000 $113K No change
PSA Public Storage 0.05% 357 $107K No change
IVZ Invesco Ltd. 0.05% 7,000 $106K No change
SBUX Starbucks Corp. 0.05% 1,050 $103K No change
MMT Aberdeen Multimarket Income 0.05% 22,000 $102K No change
KMB Kimberly-Clark Corp. 0.04% 624 $89K No change
NTRS Northern Trust Corp. 0.04% 800 $79K No change
OTIS Otis Worldwide Corp. 0.03% 682 $70K No change
YUM Yum! Brands Inc. 0.03% 372 $59K No change
SCHB Schwab US Broad Market ETF 0.03% 2,700 $58K No change
O Realty Income Corp. 0.02% 666 $39K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.02% 145 $37K No change
WYNN WYNN Resorts Ltd. 0.02% 400 $33K No change
AWR American States Water Co. filed as AMER STATES WTR CO 0.01% 349 $27K Reduce -56.6%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.01% 650 $27K No change
GEHC GE Healthcare Technology 0.01% 292 $24K Reduce -23.4%
PFG Principal Financial Group 0.01% 272 $23K No change
META Meta Platforms Inc. Class A 0.01% 39 $22K No change
ERTH Invesco MSCI Sustainable Fut 0.01% 448 $17K No change
V Visa Inc. Class A 0.01% 46 $16K No change
TCBK Trico Bancshares 0.01% 355 $14K No change
KIM Kimco Realty Corp. 0.01% 553 $12K No change
C Citigroup Inc. 0.00% 100 $7K No change
XYZ Block Inc. 0.00% 102 $6K No change
TSLA Tesla Inc. 0.00% 20 $5K New
TLSI Trisalus Life Sciences Inc. 0.00% 668 $4K No change
BP BP PLC-Spons ADR 0.00% 100 $3K No change
ESPR Esperion Therapeutics Inc. 0.00% 2,000 $3K No change
CMCSA Comcast Corp. Class A 0.00% 33 $1K No change
SPOT Spotify Technology SA 0.00% 2 $1K No change
MAT Mattel Inc. 0.00% 38 $738 No change
EA Electronic Arts Inc. 0.00% 1 $145 No change
CHDN Churchill Downs Inc. 0.00% 1 $111 No change
HAL Halliburton Co. 0.00% 4 $102 No change
HAS Hasbro Inc. 0.00% 1 $61 No change

Portfolio Sells Q4 2024 → Q1 2025
MRVL Marvell Technology Group Ltd. Reduce -3.5% 7.71% −5.03
AAPL Apple Inc. Reduce -14.8% 10.19% −1.79
GOOGL Alphabet Inc. Class A Reduce -8.5% 4.94% −0.93
STZ Constellation Brands Inc. Class A Sold out 0.00% −0.24
MSFT Microsoft Corp. Reduce -2.3% 7.35% −0.15
CBRE CBRE Group Inc. Class A Reduce -15.9% 0.60% −0.05
DIS The Walt Disney Co. Reduce -4.7% 0.74% −0.04
CG The Carlyle Group Inc. Reduce -4.0% 0.48% −0.04
ROK Rockwell Automation Inc. Sold out 0.00% −0.03
MCD McDonald's Corp. Reduce -18.3% 1.44% −0.01
AWR American States Water Co. Reduce -56.6% 0.01% −0.01
GEHC GE Healthcare Technology Reduce -23.4% 0.01% −0.00
PFE Pfizer Inc. Reduce -1.9% 0.06% +0.00
APACHE CORP Reduce -2.0% 1.72% +0.01
GEV GE Vernova Inc. Reduce -3.5% 2.39% +0.02
JNJ Johnson & Johnson Reduce -11.2% 0.55% +0.07
COP Conocophillips Reduce -2.9% 0.66% +0.09
F Ford Motor Co. Reduce -5.9% 1.63% +0.11
CSCO Cisco Systems Inc. Reduce -7.7% 1.62% +0.12
HD Home Depot Inc. Reduce -0.0% 3.40% +0.19
BA The Boeing Co. Reduce -0.1% 2.66% +0.20
BAC Bank of America Corp. Reduce -2.8% 5.58% +0.21
CVX Chevron Corp. Reduce -2.8% 1.09% +0.23
XOM Exxon Mobil Corp. Reduce -2.2% 1.57% +0.28
SCHWAB CHARLES CORP NEW Reduce -6.1% 3.31% +0.35
DVN Devon Energy Corp. Reduce -5.8% 2.04% +0.36
PG The Procter & Gamble Co. Reduce -3.8% 5.05% +0.46
JPM JPMorgan Chase & Co. Reduce -2.8% 6.05% +0.64
KMI Kinder Morgan Inc. Reduce -3.2% 6.69% +0.79
TMUS T-Mobile US Inc. Reduce -1.4% 5.27% +1.34
GE General Electric Company Reduce -4.0% 6.24% +1.43

Portfolio Buys Q4 2024 → Q1 2025
PARAA Paramount Global Class B Add +10.2% 1.40% +0.41
NVDA Nvidia Corp. Add +209.2% 0.55% +0.36
AMZN Amazon.com Inc. Add +27.1% 1.00% +0.19
INTC Intel Corp. Add +0.3% 0.86% +0.19
AMD Advanced Micro Devices Add +16.7% 0.34% +0.04
TSLA Tesla Inc. New 0.00% +0.00
PYPL PayPal Holdings Inc. Add +0.1% 1.72% −0.28

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 71$149.2MMRVL, GOOGL, AAPL, MSFT, JPM
Q1 2026 75$121.9MGOOGL, AAPL, MSFT, JPM, MRVL
Q4 2025 78$257.4MAAPL, MRVL, GOOGL, GE, MSFT
Q3 2025 78$258.6MAAPL, MRVL, MSFT, GE, GOOGL
Q2 2025 79$236.2MMRVL, MSFT, AAPL, GE, JPM
Q1 2025 80$216.2MAAPL, MRVL, MSFT, KMI, GE
Q4 2024 81$243.2MMRVL, AAPL, MSFT, KMI, GOOGL
Q3 2024 82$231.8MAAPL, MRVL, MSFT, GE, GOOGL
Q2 2024 85$229.6MAAPL, MSFT, MRVL, GOOGL, PG
Q1 2024 82$232.9MAAPL, MRVL, MSFT, GE, GOOGL