Lathrop Investment Management Co.

Name: LATHROP INVESTMENT MANAGEMENT CO 13F holdings, Q2 2025
Creator: LATHROP INVESTMENT MANAGEMENT CO
Published: 2025-08-04

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 4, 2025), Lathrop Investment Management Co. reported 83 stock positions worth $528.9 million. Its top holding was Walmart (WMT) at 5.1% of the portfolio, followed by Microsoft (MSFT, 5.0%) and Kinder Morgan (KMI, 3.5%). Compared with Q1 2025, it opened 6 new positions, sold out of 6, added to 18 and reduced 39. The biggest buy was JPMorgan Chase (JPM, shares +522%) and the biggest sale Cullen/Frost Bankers (CFR, shares −59%).

Most Recent 13F: Q2 2026
Location: LITTLE ROCK, AR
CIK: 0001124841
Portfolio Value: $528.9M (Q2 2025)
SEC Filing: 0001124841-25-000004 ↗ filed Aug 4, 2025

Holdings Value

Holdings 83 stocks · $528.9M


WMT Walmart Inc.	5.08%	274,571	$26.8M	Reduce -3.2%
MSFT Microsoft Corp.	4.99%	53,076	$26.4M	Reduce -3.6%
KMI Kinder Morgan Inc.	3.54%	637,137	$18.7M	Reduce -2.4%
LH Labcorp Holdings Inc.	3.45%	69,559	$18.3M	Reduce -1.6%
SYK Stryker Corp.	3.39%	45,317	$17.9M	Reduce -3.0%
RTX RTX Corp.	3.37%	121,930	$17.8M	Reduce -1.4%
MLM Martin Marietta Materials	3.35%	32,263	$17.7M	Reduce -1.0%
SCHW Schwab (charles) Corp.	3.26%	189,064	$17.3M	Reduce -5.7%
J Jacobs Solutions Inc.	3.21%	128,958	$17.0M	Add +0.5%
ADI Analog Devices Inc.	3.10%	68,854	$16.4M	Reduce -3.2%
SONY Sony Group Corp. - SP ADR	3.09%	628,021	$16.3M	Reduce -3.1%
CSCO Cisco Systems Inc.	3.00%	228,384	$15.8M	Reduce -6.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO	2.98%	126,962	$15.7M	Reduce -2.5%
KEX Kirby Corp.	2.96%	137,886	$15.6M	Reduce -4.0%
JCI Johnson Controls Internation	2.95%	147,742	$15.6M	Reduce -5.7%
ALC Alcon Inc. filed as ALCON AG	2.95%	176,661	$15.6M	Add +4.5%
AYI Acuity Inc.	2.91%	51,623	$15.4M	Reduce -9.7%
AAPL Apple Inc.	2.72%	70,044	$14.4M	Reduce -20.3%
MKL Markel Group Inc.	2.71%	7,167	$14.3M	Reduce -5.4%
HD Home Depot Inc.	2.57%	37,035	$13.6M	Reduce -2.8%
ORCL Oracle Corp.	2.52%	60,899	$13.3M	Reduce -1.6%
ITW Illinois Tool Works	2.43%	51,971	$12.8M	Reduce -11.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	2.27%	40,779	$12.0M	Add +1.6%
TMO Thermo Fisher Scientific Inc.	2.26%	29,502	$12.0M	Add +2.9%
XOM Exxon Mobil Corp.	2.18%	106,936	$11.5M	Add +3.8%
JPM JPMorgan Chase & Co.	2.10%	38,397	$11.1M	Add +522.0%
ADBE Adobe Inc.	1.94%	26,544	$10.3M	Add +2.8%
MRSH Marsh & McLennan Cos	1.47%	35,463	$7.8M	New
NKE Nike Inc. Class B	1.34%	99,930	$7.1M	Add +6.7%
GE General Electric filed as GE AEROSPACE	1.31%	26,960	$6.9M	Reduce -5.1%
SLB SLB Ltd. filed as SCHLUMBERGER LTD	1.19%	185,886	$6.3M	Reduce -3.9%
CVS CVS Health Corp.	1.10%	84,604	$5.8M	Reduce -2.7%
TER Teradyne Inc.	1.00%	58,782	$5.3M	Reduce -20.6%
DHR Danaher Corp.	0.92%	24,584	$4.9M	Add +7.0%
BRK.B Berkshire Hathaway Inc. Class B	0.91%	9,863	$4.8M	Add +0.1%
UPS United Parcel Service Class B	0.88%	45,905	$4.6M	Reduce -18.7%
CFR Cullen/Frost Bankers Inc.	0.85%	34,846	$4.5M	Reduce -59.0%
ACN Accenture PLC Class A	0.84%	14,789	$4.4M	Reduce -14.4%
SCHM Schwab US Mid Cap ETF	0.79%	149,437	$4.2M	Reduce -7.7%
NVDA Nvidia Corp.	0.62%	20,832	$3.3M	Add +7.4%
OLO Olo Inc. Class A	0.56%	332,041	$3.0M	No change
SCHZ Schwab US Aggregate Bond ETF	0.41%	92,891	$2.2M	Add +10.4%
PANW Palo Alto Networks Inc.	0.39%	9,980	$2.0M	No change
LRCX Lam Research Corp.	0.31%	16,740	$1.6M	Reduce -66.1%
BRK.A Berkshire Hathaway Inc. Class A	0.28%	2	$1.5M	No change
RSP Invesco S&P 500 Equal Weight	0.23%	6,563	$1.2M	Add +9.6%
SCHX Schwab US Large-Cap ETF	0.21%	45,455	$1.1M	Add +7.0%
AMZN Amazon.com Inc.	0.20%	4,801	$1.1M	Add +0.3%
LLY Eli Lilly & Co.	0.18%	1,228	$957K	Add +7.0%
KO The Coca-Cola Co.	0.17%	12,726	$900K	Reduce -6.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.16%	18,295	$866K	Reduce -0.9%
ABBV Abbvie Inc.	0.15%	4,273	$793K	No change
CADE Cadence Bank	0.14%	22,791	$729K	No change
JNJ Johnson & Johnson	0.14%	4,762	$727K	No change
AMTM Amentum Holdings Inc.	0.12%	27,811	$657K	Reduce -31.4%
SO The Southern Co.	0.12%	7,126	$654K	No change
ANET Arista Networks Inc.	0.11%	5,589	$572K	No change
HOMB Home Bancshares Inc.	0.10%	19,281	$549K	No change
ABT Abbott Laboratories	0.10%	3,925	$534K	No change
META Meta Platforms Inc. Class A	0.10%	718	$530K	Add +11.3%
GOOGL Alphabet Inc. Class A	0.10%	2,927	$516K	Reduce -2.9%
TSN Tyson Foods Inc. Class A	0.09%	8,812	$493K	No change
MRK Merck & Co. Inc.	0.09%	5,890	$466K	Reduce -1.8%
ETR Entergy Corp.	0.08%	5,000	$416K	No change
COST Costco Wholesale Corp.	0.07%	384	$380K	No change
EME Emcor Group Inc.	0.07%	698	$373K	New
GOOG Alphabet Inc. Class C	0.07%	2,090	$371K	Reduce -5.1%
JBHT Hunt (jb) Transprt SVCS Inc.	0.07%	2,395	$344K	No change
AEP American Electric Power	0.06%	3,160	$328K	No change
RF Regions Financial Corp.	0.06%	13,868	$326K	No change
WCN Waste Connections Inc.	0.06%	1,697	$317K	Reduce -20.0%
OZK Bank Ozk	0.06%	6,654	$313K	Reduce -2.5%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.05%	1,030	$288K	Add +3.7%
SCHF Schwab Intl Equity ETF	0.05%	12,911	$285K	New
NFLX Netflix Inc.	0.05%	202	$271K	New
PEP Pepsico Inc.	0.05%	1,840	$243K	No change
QQQ Invesco QQQ Trust Series 1	0.05%	433	$239K	Reduce -3.1%
KMB Kimberly-Clark Corp.	0.05%	1,851	$239K	No change
IWS iShares Russell Mid-Cap Valu	0.04%	1,781	$235K	No change
PG The Procter & Gamble Co.	0.04%	1,339	$213K	Reduce -2.2%
PM Philip Morris International	0.04%	1,145	$209K	New
GEV GE Vernova Inc.	0.04%	392	$207K	New
WEST Westrock Coffee Co.	0.02%	17,215	$99K	No change

Portfolio Sells Q1 2025 → Q2 2025


CFR Cullen/Frost Bankers Inc.	Reduce -59.0%	0.85%	−1.26
AAPL Apple Inc.	Reduce -20.3%	2.72%	−1.16
CRL Charles River Laboratories	Sold out	0.00%	−0.79
TGI Triumph Group Inc.	Sold out	0.00%	−0.54
ITW Illinois Tool Works	Reduce -11.8%	2.43%	−0.47
SLB SLB Ltd.	Reduce -3.9%	1.19%	−0.42
LRCX Lam Research Corp.	Reduce -66.1%	0.31%	−0.40
UPS United Parcel Service Class B	Reduce -18.7%	0.88%	−0.36
ACN Accenture PLC Class A	Reduce -14.4%	0.84%	−0.23
TER Teradyne Inc.	Reduce -20.6%	1.00%	−0.21
AMD Advanced Micro Devices	Sold out	0.00%	−0.20
HD Home Depot Inc.	Reduce -2.8%	2.57%	−0.20
SONY Sony Group Corp. - SP ADR	Reduce -3.1%	3.09%	−0.18
KMI Kinder Morgan Inc.	Reduce -2.4%	3.54%	−0.16
MKL Markel Group Inc.	Reduce -5.4%	2.71%	−0.10
AYI Acuity Inc.	Reduce -9.7%	2.91%	−0.07
UNH Unitedhealth Group Inc.	Sold out	0.00%	−0.07
CVS CVS Health Corp.	Reduce -2.7%	1.10%	−0.07
SYK Stryker Corp.	Reduce -3.0%	3.39%	−0.06
BMY Bristol-Myers Squibb Co.	Sold out	0.00%	−0.05
SCHM Schwab US Mid Cap ETF	Reduce -7.7%	0.79%	−0.05
FISV Fiserv Inc.	Sold out	0.00%	−0.04
KO The Coca-Cola Co.	Reduce -6.8%	0.17%	−0.02
AMTM Amentum Holdings Inc.	Reduce -31.4%	0.12%	−0.02
WCN Waste Connections Inc.	Reduce -20.0%	0.06%	−0.02
MRK Merck & Co. Inc.	Reduce -1.8%	0.09%	−0.02
PG The Procter & Gamble Co.	Reduce -2.2%	0.04%	−0.01
CSCO Cisco Systems Inc.	Reduce -6.7%	3.00%	−0.00
OZK Bank Ozk	Reduce -2.5%	0.06%	+0.00
GOOG Alphabet Inc. Class C	Reduce -5.1%	0.07%	+0.00
QQQ Invesco QQQ Trust Series 1	Reduce -3.1%	0.05%	+0.00
GOOGL Alphabet Inc. Class A	Reduce -2.9%	0.10%	+0.01
BAC Bank of America Corp.	Reduce -0.9%	0.16%	+0.01
KEX Kirby Corp.	Reduce -4.0%	2.96%	+0.08
RTX RTX Corp.	Reduce -1.4%	3.37%	+0.11
WMT Walmart Inc.	Reduce -3.2%	5.08%	+0.13
SCHW Schwab (charles) Corp.	Reduce -5.7%	3.26%	+0.15
GE General Electric	Reduce -5.1%	1.31%	+0.18
LH Labcorp Holdings Inc.	Reduce -1.6%	3.45%	+0.19
ADI Analog Devices Inc.	Reduce -3.2%	3.10%	+0.25
MLM Martin Marietta Materials	Reduce -1.0%	3.35%	+0.26
DIS The Walt Disney Co.	Reduce -2.5%	2.98%	+0.43
JCI Johnson Controls Internation	Reduce -5.7%	2.95%	+0.46
ORCL Oracle Corp.	Reduce -1.6%	2.52%	+0.80
MSFT Microsoft Corp.	Reduce -3.6%	4.99%	+0.89

Portfolio Buys Q1 2025 → Q2 2025


JPM JPMorgan Chase & Co.	Add +522.0%	2.10%	+1.80
MRSH Marsh & McLennan Cos	New	1.47%	+1.47
IBM Intl Business Machines Corp.	Add +1.6%	2.27%	+0.29
NVDA Nvidia Corp.	Add +7.4%	0.62%	+0.20
NKE Nike Inc. Class B	Add +6.7%	1.34%	+0.16
J Jacobs Solutions Inc.	Add +0.5%	3.21%	+0.12
EME Emcor Group Inc.	New	0.07%	+0.07
SCHF Schwab Intl Equity ETF	New	0.05%	+0.05
NFLX Netflix Inc.	New	0.05%	+0.05
PM Philip Morris International	New	0.04%	+0.04
GEV GE Vernova Inc.	New	0.04%	+0.04
META Meta Platforms Inc. Class A	Add +11.3%	0.10%	+0.03
SCHX Schwab US Large-Cap ETF	Add +7.0%	0.21%	+0.02
SCHZ Schwab US Aggregate Bond ETF	Add +10.4%	0.41%	+0.02
RSP Invesco S&P 500 Equal Weight	Add +9.6%	0.23%	+0.02
AMZN Amazon.com Inc.	Add +0.3%	0.20%	+0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd	Add +3.7%	0.05%	+0.00
LLY Eli Lilly & Co.	Add +7.0%	0.18%	−0.01
DHR Danaher Corp.	Add +7.0%	0.92%	−0.02
ADBE Adobe Inc.	Add +2.8%	1.94%	−0.02
BRK.B Berkshire Hathaway Inc. Class B	Add +0.1%	0.91%	−0.14
ALC Alcon Inc.	Add +4.5%	2.95%	−0.24
XOM Exxon Mobil Corp.	Add +3.8%	2.18%	−0.25
TMO Thermo Fisher Scientific Inc.	Add +2.9%	2.26%	−0.57

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	89	$565.0M	WMT, CSCO, ADI, AAPL, RTX
Q1 2026	83	$534.3M	WMT, ADI, KMI, RTX, XOM
Q4 2025	85	$551.1M	WMT, MSFT, RTX, MLM, AAPL
Q3 2025	82	$542.2M	MSFT, WMT, LH, MLM, RTX
Q2 2025	83	$528.9M	WMT, MSFT, KMI, LH, SYK
Q1 2025	83	$503.8M	WMT, MSFT, AAPL, KMI, SYK
Q4 2024	86	$524.6M	WMT, MSFT, AAPL, KMI, MLM
Q3 2024	86	$538.1M	MSFT, WMT, AAPL, KEX, TMO
Q2 2024	81	$511.4M	MSFT, WMT, AAPL, MLM, KEX
Q1 2024	85	$516.4M	MSFT, MLM, WMT, J, SYK