Hoertkorn Richard Charles

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 7, 2025), Hoertkorn Richard Charles reported 79 stock positions worth $236.2 million. Its top holding was Marvell Technology (MRVL) at 8.9% of the portfolio, followed by Microsoft (MSFT, 8.8%) and Apple (AAPL, 8.4%). Compared with Q1 2025, it sold out of 1, added to 6 and reduced 32. The biggest buy was Marvell Technology (MRVL, shares +0%) and the biggest sale Apple (AAPL, shares −2%).

Most Recent 13F
Q2 2026
Location
KENTFIELD, CA
CIK
0001598177
Portfolio Value
$236.2M (Q2 2025)
SEC Filing
0001598177-25-000003 ↗ filed Jul 7, 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 Q1 2025 Q2 2025: $236.2M $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 79 stocks · $236.2M
MRVL Marvell Technology Group Ltd. 8.90% 271,624 $21.0M Add +0.4%
MSFT Microsoft Corp. 8.83% 41,936 $20.9M Reduce -0.9%
AAPL Apple Inc. 8.41% 96,779 $19.9M Reduce -2.4%
GE General Electric Company 7.34% 67,374 $17.3M Reduce -0.1%
JPM JPMorgan Chase & Co. 6.43% 52,412 $15.2M Reduce -1.7%
KMI Kinder Morgan Inc. 6.26% 503,248 $14.8M Reduce -0.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 5.68% 283,249 $13.4M Reduce -1.9%
GOOGL Alphabet Inc. Class A 5.04% 67,564 $11.9M Reduce -2.2%
PG The Procter & Gamble Co. 4.29% 63,605 $10.1M Reduce -0.7%
TMUS T-Mobile US Inc. 4.13% 40,914 $9.7M Reduce -4.2%
GEV GE Vernova Inc. 3.79% 16,917 $9.0M Reduce -0.1%
SCHWAB CHARLES CORP NEW 3.48% 90,105 $8.2M Reduce -1.4%
HD Home Depot Inc. 3.10% 19,986 $7.3M Reduce -0.3%
BA The Boeing Co. 2.98% 33,583 $7.0M Reduce -0.3%
PYPL PayPal Holdings Inc. 1.79% 56,824 $4.2M Reduce -0.2%
CSCO Cisco Systems Inc. 1.67% 56,870 $3.9M Add +0.4%
F Ford Motor Co. filed as FORD MTR CO 1.61% 350,030 $3.8M Reduce -0.4%
DVN Devon Energy Corp. 1.55% 115,247 $3.7M Reduce -2.2%
PARAA Paramount Global Class B 1.39% 254,785 $3.3M Add +0.9%
APACHE CORP filed as APA CORPORATION 1.34% 173,421 $3.2M Reduce -2.2%
XOM Exxon Mobil Corp. 1.28% 27,971 $3.0M Reduce -1.8%
MCD McDonald's Corp. 1.22% 9,842 $2.9M Reduce -1.5%
AMZN Amazon.com Inc. 1.05% 11,322 $2.5M No change
NVDA Nvidia Corp. 0.90% 13,491 $2.1M Add +22.6%
CVX Chevron Corp. 0.84% 13,812 $2.0M Reduce -2.4%
INTC Intel Corp. 0.78% 81,800 $1.8M Reduce -0.5%
BRK.B Berkshire Hathaway Inc. Class B 0.73% 3,534 $1.7M Reduce -3.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.68% 12,871 $1.6M Reduce -20.2%
CBRE CBRE Group Inc. Class A 0.59% 10,607 $1.4M No change
AMD Advanced Micro Devices 0.52% 8,617 $1.2M Add +21.1%
COP Conocophillips 0.51% 13,478 $1.2M Reduce -1.0%
JNJ Johnson & Johnson 0.44% 6,854 $1.0M Reduce -4.0%
CG The Carlyle Group Inc. 0.44% 20,000 $1.0M Reduce -16.7%
GOOG Alphabet Inc. Class C 0.26% 3,425 $608K Reduce -8.9%
LLY Eli Lilly & Co. 0.23% 700 $546K No change
ITW Illinois Tool Works 0.21% 2,000 $495K No change
BABA Alibaba Group Holding-SP ADR 0.17% 3,509 $398K No change
KO The Coca-Cola Co. 0.14% 4,605 $326K No change
DNP DNP Select Income Fund Inc. 0.11% 25,866 $253K No change
VOOG Vanguard S&P 500 Growth ETF 0.09% 534 $212K No change
RTX RTX Corp. 0.08% 1,365 $199K No change
JHI John Hancock Investors TR 0.08% 14,000 $194K No change
BX Blackstone Inc. 0.07% 1,175 $176K No change
PFE Pfizer Inc. 0.05% 5,234 $127K No change
PEP Pepsico Inc. 0.05% 930 $123K No change
T AT&T Inc. 0.05% 4,000 $116K No change
PSA Public Storage 0.04% 357 $105K No change
MMT Aberdeen Multimarket Income 0.04% 22,000 $103K No change
NTRS Northern Trust Corp. 0.04% 800 $101K No change
SBUX Starbucks Corp. 0.04% 950 $87K Reduce -9.5%
KMB Kimberly-Clark Corp. 0.03% 624 $80K No change
OTIS Otis Worldwide Corp. 0.03% 682 $68K No change
SCHB Schwab US Broad Market ETF 0.03% 2,480 $59K Reduce -8.2%
YUM Yum! Brands Inc. 0.02% 372 $55K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.02% 145 $41K No change
O Realty Income Corp. 0.02% 666 $38K No change
META Meta Platforms Inc. Class A 0.01% 39 $29K No change
WYNN WYNN Resorts Ltd. 0.01% 300 $28K Reduce -25.0%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.01% 650 $22K No change
GEHC GE Healthcare Technology 0.01% 292 $22K No change
PFG Principal Financial Group 0.01% 272 $22K No change
ERTH Invesco MSCI Sustainable Fut 0.01% 448 $19K No change
AWR American States Water Co. filed as AMER STATES WTR CO 0.01% 235 $18K Reduce -32.7%
V Visa Inc. Class A 0.01% 46 $16K No change
TCBK Trico Bancshares 0.01% 355 $14K No change
TSLA Tesla Inc. 0.00% 30 $10K Add +50.0%
C Citigroup Inc. 0.00% 100 $9K No change
KIM Kimco Realty Corp. 0.00% 353 $7K Reduce -36.2%
XYZ Block Inc. 0.00% 102 $7K No change
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 $2K No change
SPOT Spotify Technology SA 0.00% 2 $2K No change
CMCSA Comcast Corp. Class A 0.00% 33 $1K No change
MAT Mattel Inc. 0.00% 38 $749 No change
EA Electronic Arts Inc. 0.00% 1 $160 No change
CHDN Churchill Downs Inc. 0.00% 1 $101 No change
HAL Halliburton Co. 0.00% 4 $81 No change
HAS Hasbro Inc. 0.00% 1 $74 No change

Portfolio Sells Q1 2025 → Q2 2025
AAPL Apple Inc. Reduce -2.4% 8.41% −1.78
TMUS T-Mobile US Inc. Reduce -4.2% 4.13% −1.14
PG The Procter & Gamble Co. Reduce -0.7% 4.29% −0.76
DVN Devon Energy Corp. Reduce -2.2% 1.55% −0.49
KMI Kinder Morgan Inc. Reduce -0.8% 6.26% −0.43
APACHE CORP Reduce -2.2% 1.34% −0.38
HD Home Depot Inc. Reduce -0.3% 3.10% −0.30
XOM Exxon Mobil Corp. Reduce -1.8% 1.28% −0.29
CVX Chevron Corp. Reduce -2.4% 0.84% −0.26
MCD McDonald's Corp. Reduce -1.5% 1.22% −0.23
BRK.B Berkshire Hathaway Inc. Class B Reduce -3.3% 0.73% −0.17
COP Conocophillips Reduce -1.0% 0.51% −0.15
JNJ Johnson & Johnson Reduce -4.0% 0.44% −0.10
INTC Intel Corp. Reduce -0.5% 0.78% −0.09
DIS The Walt Disney Co. Reduce -20.2% 0.68% −0.06
IVZ Invesco Ltd. Sold out 0.00% −0.05
CG The Carlyle Group Inc. Reduce -16.7% 0.44% −0.05
F Ford Motor Co. Reduce -0.4% 1.61% −0.02
GOOG Alphabet Inc. Class C Reduce -8.9% 0.26% −0.01
SBUX Starbucks Corp. Reduce -9.5% 0.04% −0.01
AWR American States Water Co. Reduce -32.7% 0.01% −0.01
WYNN WYNN Resorts Ltd. Reduce -25.0% 0.01% −0.00
KIM Kimco Realty Corp. Reduce -36.2% 0.00% −0.00
SCHB Schwab US Broad Market ETF Reduce -8.2% 0.03% −0.00
PYPL PayPal Holdings Inc. Reduce -0.2% 1.79% +0.07
GOOGL Alphabet Inc. Class A Reduce -2.2% 5.04% +0.10
BAC Bank of America Corp. Reduce -1.9% 5.68% +0.10
SCHWAB CHARLES CORP NEW Reduce -1.4% 3.48% +0.17
BA The Boeing Co. Reduce -0.3% 2.98% +0.32
JPM JPMorgan Chase & Co. Reduce -1.7% 6.43% +0.39
GE General Electric Company Reduce -0.1% 7.34% +1.10
GEV GE Vernova Inc. Reduce -0.1% 3.79% +1.40
MSFT Microsoft Corp. Reduce -0.9% 8.83% +1.48

Portfolio Buys Q1 2025 → Q2 2025
MRVL Marvell Technology Group Ltd. Add +0.4% 8.90% +1.19
NVDA Nvidia Corp. Add +22.6% 0.90% +0.35
AMD Advanced Micro Devices Add +21.1% 0.52% +0.18
CSCO Cisco Systems Inc. Add +0.4% 1.67% +0.05
TSLA Tesla Inc. Add +50.0% 0.00% +0.00
PARAA Paramount Global Class B Add +0.9% 1.39% −0.01

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