Main Street Research LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 29, 2024), Main Street Research LLC reported 103 stock positions worth $1.5 billion. Its top holding was Nvidia (NVDA) at 6.2% of the portfolio, followed by Apple (AAPL, 5.1%) and Novo-Nordisk A/S-Spons ADR (NVO, 4.3%). Compared with Q1 2024, it opened 5 new positions, sold out of 9, added to 48 and reduced 37. The biggest buy was a new position in Taiwan Semiconductor-SP ADR (TSM) and the biggest sale iShares Russell 2000 ETF (IWM, shares −47%).
- Most Recent 13F
- Q2 2026
- Location
- SAUSALITO, CA
- CIK
- 0001513211
- Portfolio Value
- $1.5B (Q2 2024)
- SEC Filing
- 0001941040-24-000303 ↗ filed Jul 29, 2024
Holdings Value
Holdings 103 stocks · $1.5B
| NVDA Nvidia Corp. | 6.23% | 763,993 | $94.4M | Add +1.8% |
| AAPL Apple Inc. | 5.07% | 364,782 | $76.8M | Add +5.3% |
| NVO Novo-Nordisk A/S-Spons ADR | 4.34% | 461,087 | $65.8M | Reduce -0.3% |
| PG The Procter & Gamble Co. | 3.99% | 367,144 | $60.5M | Add +4.8% |
| MCK McKesson Corp. | 3.85% | 99,950 | $58.4M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 3.74% | 293,198 | $56.7M | Add +2.8% |
| MSFT Microsoft Corp. | 3.62% | 122,701 | $54.8M | Add +3.0% |
| GOOGL Alphabet Inc. Class A | 3.25% | 270,121 | $49.2M | Add +3.5% |
| COST Costco Wholesale Corp. | 3.22% | 57,362 | $48.8M | Add +3.3% |
| META Meta Platforms Inc. Class A | 3.17% | 95,321 | $48.1M | Add +3.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.86% | 106,734 | $43.4M | Add +2.6% |
| V Visa Inc. Class A | 2.77% | 160,228 | $42.1M | Add +3.5% |
| JPM JPMorgan Chase & Co. | 2.73% | 204,552 | $41.4M | Add +5.6% |
| AVGO Broadcom Inc. | 2.56% | 24,166 | $38.8M | Add +2.5% |
| ASML ASML Holding NV-NY Reg SHS | 2.49% | 36,975 | $37.8M | Add +4.4% |
| AMAT Applied Materials Inc. | 2.49% | 159,783 | $37.7M | Add +3.0% |
| AMD Advanced Micro Devices | 2.36% | 220,613 | $35.8M | Reduce 0.0% |
| ISRG Intuitive Surgical Inc. | 2.24% | 76,319 | $34.0M | Add +3.2% |
| IWM iShares Russell 2000 ETF | 2.15% | 160,936 | $32.7M | Reduce -47.3% |
| IR Ingersoll-Rand Inc. | 2.10% | 350,312 | $31.8M | Add +3.0% |
| BKNG Booking Holdings Inc. | 2.05% | 7,837 | $31.0M | Add +3.4% |
| CAT Caterpillar Inc. | 2.03% | 92,451 | $30.8M | Add +3.1% |
| TMUS T-Mobile US Inc. | 1.99% | 170,971 | $30.1M | Add +3.5% |
| SCHW Schwab (charles) Corp. | 1.95% | 402,157 | $29.6M | Add +2.8% |
| CB Chubb Ltd. | 1.92% | 113,820 | $29.1M | Add +3.8% |
| TSM Taiwan Semiconductor-SP ADR | 1.91% | 165,995 | $28.9M | New |
| GD General Dynamics Corp. | 1.87% | 97,664 | $28.3M | Add +3.4% |
| ORCL Oracle Corp. | 1.86% | 200,237 | $28.3M | Add +2.3% |
| LIN Linde PLC | 1.85% | 64,032 | $28.1M | Add +5.7% |
| IBN Icici Bank Ltd.-Spon ADR | 1.76% | 927,727 | $26.7M | Add +4.5% |
| INTU Intuit Inc. | 1.75% | 40,420 | $26.6M | Add +4.7% |
| CEG Constellation Energy | 1.75% | 132,274 | $26.5M | New |
| XOM Exxon Mobil Corp. | 1.74% | 229,054 | $26.4M | Add +4.5% |
| PH Parker Hannifin Corp. | 1.72% | 51,463 | $26.0M | Add +4.9% |
| RF Regions Financial Corp. | 1.71% | 1,275,237 | $25.9M | Reduce -0.7% |
| ADBE Adobe Inc. | 1.67% | 45,693 | $25.4M | Add +1.7% |
| TTE Totalenergies SE -Spon ADR | 1.49% | 334,557 | $22.6M | Add +3.8% |
| MCD McDonald's Corp. | 0.34% | 20,115 | $5.1M | Reduce -2.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.28% | 7 | $4.3M | No change |
| GOOG Alphabet Inc. Class C | 0.22% | 18,188 | $3.3M | Reduce -0.5% |
| FICO Fair Isaac Corp. | 0.21% | 2,151 | $3.2M | No change |
| LLY Eli Lilly & Co. | 0.20% | 3,278 | $3.0M | Reduce -0.1% |
| TSLA Tesla Inc. | 0.18% | 13,908 | $2.8M | Add +1.4% |
| PANW Palo Alto Networks Inc. | 0.15% | 6,896 | $2.3M | Reduce -92.9% |
| URTH iShares MSCI World ETF | 0.14% | 14,490 | $2.1M | Reduce -3.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.13% | 3,577 | $2.0M | Add +20.3% |
| CVX Chevron Corp. | 0.11% | 10,946 | $1.7M | Add +0.5% |
| WFC Wells Fargo & Co. | 0.11% | 28,557 | $1.7M | Add +7.2% |
| ABBV Abbvie Inc. | 0.11% | 9,722 | $1.7M | Reduce -2.6% |
| JNJ Johnson & Johnson | 0.11% | 11,056 | $1.6M | Reduce -6.0% |
| CLX Clorox Company | 0.08% | 9,328 | $1.3M | Reduce -2.1% |
| SYK Stryker Corp. | 0.07% | 3,085 | $1.1M | New |
| ACN Accenture PLC Class A | 0.06% | 2,962 | $899K | Reduce -9.4% |
| TMO Thermo Fisher Scientific Inc. | 0.06% | 1,555 | $861K | Reduce -3.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.05% | 20,153 | $801K | Reduce -7.2% |
| WMT Walmart Inc. | 0.05% | 11,315 | $766K | Reduce -11.8% |
| ADP Automatic Data Processing | 0.05% | 3,172 | $762K | Reduce -3.1% |
| BMY Bristol-Myers Squibb Co. | 0.05% | 17,632 | $732K | Reduce -5.3% |
| MRK Merck & Co. Inc. | 0.05% | 5,775 | $719K | Add +5.7% |
| IVV iShares Core S&P 500 ETF | 0.05% | 1,314 | $719K | Reduce -6.7% |
| CL Colgate-Palmolive Co. | 0.04% | 6,939 | $673K | Add +1.5% |
| ADSK Autodesk Inc. | 0.04% | 2,519 | $623K | Reduce -6.8% |
| BSX Boston Scientific Corp. | 0.04% | 7,576 | $583K | Add +2.3% |
| VOO Vanguard S&P 500 ETF | 0.03% | 972 | $488K | Add +3.0% |
| CSCO Cisco Systems Inc. | 0.03% | 10,001 | $475K | Reduce -35.5% |
| CRM Salesforce Inc. | 0.03% | 1,774 | $456K | Reduce -98.3% |
| XYL Xylem Inc. | 0.03% | 3,250 | $441K | No change |
| PEP Pepsico Inc. | 0.03% | 2,491 | $411K | Reduce -2.5% |
| CMCSA Comcast Corp. Class A | 0.03% | 10,438 | $409K | Reduce -14.1% |
| RTX RTX Corp. | 0.03% | 3,976 | $399K | Add +4.1% |
| HD Home Depot Inc. | 0.03% | 1,139 | $392K | Reduce -98.4% |
| NSC Norfolk Southern Corp. | 0.03% | 1,804 | $387K | Reduce -0.4% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.03% | 3,539 | $386K | No change |
| NTES Netease Inc.-ADR | 0.03% | 4,000 | $382K | No change |
| C Citigroup Inc. | 0.02% | 5,888 | $374K | Reduce -31.5% |
| TXN Texas Instruments Inc. | 0.02% | 1,853 | $360K | Reduce -16.2% |
| ABT Abbott Laboratories | 0.02% | 3,364 | $350K | Add +2.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.02% | 796 | $312K | Add +10.6% |
| MU Micron Technology Inc. | 0.02% | 2,328 | $306K | Reduce -6.4% |
| VEEV Veeva Systems Inc. Class A | 0.02% | 1,600 | $293K | No change |
| DAL Delta Air Lines Inc. | 0.02% | 6,155 | $292K | Reduce -15.2% |
| IWF iShares Russell 1000 Growth | 0.02% | 754 | $275K | Add +8.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.02% | 693 | $260K | New |
| CW Curtiss-Wright Corp. | 0.02% | 940 | $255K | No change |
| CI The Cigna Group | 0.02% | 756 | $250K | Reduce -11.6% |
| SCHX Schwab US Large-Cap ETF | 0.02% | 3,800 | $245K | Reduce -6.6% |
| ENTG Entegris Inc. | 0.02% | 1,803 | $244K | No change |
| LRCX Lam Research Corp. | 0.02% | 226 | $241K | Reduce -6.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.02% | 499 | $239K | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.02% | 1,378 | $238K | Add +0.9% |
| RMD Resmed Inc. | 0.02% | 1,208 | $231K | Add +0.7% |
| T AT&T Inc. | 0.02% | 12,020 | $230K | Reduce -0.9% |
| KO The Coca-Cola Co. | 0.01% | 3,460 | $222K | Add +2.2% |
| INTC Intel Corp. | 0.01% | 7,000 | $217K | No change |
| WM Waste Management Inc. | 0.01% | 1,012 | $216K | Add +5.5% |
| AON Aon PLC Class A | 0.01% | 720 | $211K | Reduce -12.2% |
| NKE Nike Inc. Class B | 0.01% | 2,767 | $210K | Add +7.3% |
| MA Mastercard Inc. Class A | 0.01% | 468 | $207K | Reduce -16.4% |
| EW Edwards Lifesciences Corp. | 0.01% | 2,213 | $204K | Add +0.6% |
| VIG Vanguard Dividend Apprec ETF | 0.01% | 1,099 | $202K | No change |
| LOCL Local Bounti Corp. | 0.01% | 46,394 | $129K | No change |
| SAN Banco Santander SA-Spon ADR | 0.01% | 17,739 | $82K | No change |
| BETTER HOME & FINANCE HOLDIN | 0.00% | 29,373 | $13K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| IWM iShares Russell 2000 ETF | Reduce -47.3% | 2.15% | −2.21 |
| CRM Salesforce Inc. | Reduce -98.3% | 0.03% | −2.11 |
| HD Home Depot Inc. | Reduce -98.4% | 0.03% | −1.83 |
| PANW Palo Alto Networks Inc. | Reduce -92.9% | 0.15% | −1.72 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −1.23 |
| AMD Advanced Micro Devices | Reduce 0.0% | 2.36% | −0.35 |
| RF Regions Financial Corp. | Reduce -0.7% | 1.71% | −0.15 |
| MCD McDonald's Corp. | Reduce -2.7% | 0.34% | −0.06 |
| SNAP Snap Inc. Class A | Sold out | 0.00% | −0.04 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.03 |
| ULTA Ulta Beauty Inc. | Sold out | 0.00% | −0.03 |
| IYY iShares Dow Jones U.S. ETF | Sold out | 0.00% | −0.03 |
| CSCO Cisco Systems Inc. | Reduce -35.5% | 0.03% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -5.3% | 0.05% | −0.02 |
| JNJ Johnson & Johnson | Reduce -6.0% | 0.11% | −0.02 |
| ACN Accenture PLC Class A | Reduce -9.4% | 0.06% | −0.02 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.02 |
| COF Capital One Financial Corp. | Sold out | 0.00% | −0.02 |
| CLX Clorox Company | Reduce -2.1% | 0.08% | −0.02 |
| DE Deere & Co. | Sold out | 0.00% | −0.01 |
| SYY Sysco Corp. | Sold out | 0.00% | −0.01 |
| ABBV Abbvie Inc. | Reduce -2.6% | 0.11% | −0.01 |
| C Citigroup Inc. | Reduce -31.5% | 0.02% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -14.1% | 0.03% | −0.01 |
| ADSK Autodesk Inc. | Reduce -6.8% | 0.04% | −0.01 |
| TMO Thermo Fisher Scientific Inc. | Reduce -3.1% | 0.06% | −0.01 |
| URTH iShares MSCI World ETF | Reduce -3.1% | 0.14% | −0.01 |
| NSC Norfolk Southern Corp. | Reduce -0.4% | 0.03% | −0.01 |
| ADP Automatic Data Processing | Reduce -3.1% | 0.05% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -16.4% | 0.01% | −0.00 |
| AON Aon PLC Class A | Reduce -12.2% | 0.01% | −0.00 |
| CI The Cigna Group | Reduce -11.6% | 0.02% | −0.00 |
| DAL Delta Air Lines Inc. | Reduce -15.2% | 0.02% | −0.00 |
| PEP Pepsico Inc. | Reduce -2.5% | 0.03% | −0.00 |
| BAC Bank of America Corp. | Reduce -7.2% | 0.05% | −0.00 |
| IVV iShares Core S&P 500 ETF | Reduce -6.7% | 0.05% | −0.00 |
| TXN Texas Instruments Inc. | Reduce -16.2% | 0.02% | −0.00 |
| WMT Walmart Inc. | Reduce -11.8% | 0.05% | −0.00 |
| SCHX Schwab US Large-Cap ETF | Reduce -6.6% | 0.02% | −0.00 |
| LRCX Lam Research Corp. | Reduce -6.2% | 0.02% | 0.00 |
| MU Micron Technology Inc. | Reduce -6.4% | 0.02% | +0.00 |
| T AT&T Inc. | Reduce -0.9% | 0.02% | +0.00 |
| LLY Eli Lilly & Co. | Reduce -0.1% | 0.20% | +0.02 |
| GOOG Alphabet Inc. Class C | Reduce -0.5% | 0.22% | +0.03 |
| MCK McKesson Corp. | Reduce -0.1% | 3.85% | +0.20 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -0.3% | 4.34% | +0.28 |
Portfolio Buys Q1 2024 → Q2 2024
| TSM Taiwan Semiconductor-SP ADR | New | 1.91% | +1.91 |
| CEG Constellation Energy | New | 1.75% | +1.75 |
| NVDA Nvidia Corp. | Add +1.8% | 6.23% | +1.61 |
| AAPL Apple Inc. | Add +5.3% | 5.07% | +1.03 |
| GOOGL Alphabet Inc. Class A | Add +3.5% | 3.25% | +0.57 |
| COST Costco Wholesale Corp. | Add +3.3% | 3.22% | +0.45 |
| AVGO Broadcom Inc. | Add +2.5% | 2.56% | +0.43 |
| AMAT Applied Materials Inc. | Add +3.0% | 2.49% | +0.31 |
| AMZN Amazon.com Inc. | Add +2.8% | 3.74% | +0.24 |
| ISRG Intuitive Surgical Inc. | Add +3.2% | 2.24% | +0.23 |
| MSFT Microsoft Corp. | Add +3.0% | 3.62% | +0.21 |
| ORCL Oracle Corp. | Add +2.3% | 1.86% | +0.19 |
| BKNG Booking Holdings Inc. | Add +3.4% | 2.05% | +0.18 |
| IBN Icici Bank Ltd.-Spon ADR | Add +4.5% | 1.76% | +0.17 |
| ASML ASML Holding NV-NY Reg SHS | Add +4.4% | 2.49% | +0.16 |
| TMUS T-Mobile US Inc. | Add +3.5% | 1.99% | +0.15 |
| ADBE Adobe Inc. | Add +1.7% | 1.67% | +0.13 |
| PG The Procter & Gamble Co. | Add +4.8% | 3.99% | +0.13 |
| META Meta Platforms Inc. Class A | Add +3.5% | 3.17% | +0.13 |
| JPM JPMorgan Chase & Co. | Add +5.6% | 2.73% | +0.09 |
| SYK Stryker Corp. | New | 0.07% | +0.07 |
| GD General Dynamics Corp. | Add +3.4% | 1.87% | +0.05 |
| INTU Intuit Inc. | Add +4.7% | 1.75% | +0.05 |
| SCHW Schwab (charles) Corp. | Add +2.8% | 1.95% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +20.3% | 0.13% | +0.02 |
| TSLA Tesla Inc. | Add +1.4% | 0.18% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.02% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.02% | +0.02 |
| XOM Exxon Mobil Corp. | Add +4.5% | 1.74% | +0.01 |
| WFC Wells Fargo & Co. | Add +7.2% | 0.11% | +0.01 |
| BSX Boston Scientific Corp. | Add +2.3% | 0.04% | +0.00 |
| CL Colgate-Palmolive Co. | Add +1.5% | 0.04% | +0.00 |
| IWF iShares Russell 1000 Growth | Add +8.5% | 0.02% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +3.0% | 0.03% | +0.00 |
| DIA SS SPDR Dow Jones Indus Avg | Add +10.6% | 0.02% | +0.00 |
| RTX RTX Corp. | Add +4.1% | 0.03% | +0.00 |
| KO The Coca-Cola Co. | Add +2.2% | 0.01% | +0.00 |
| WM Waste Management Inc. | Add +5.5% | 0.01% | +0.00 |
| EW Edwards Lifesciences Corp. | Add +0.6% | 0.01% | −0.00 |
| RMD Resmed Inc. | Add +0.7% | 0.02% | −0.00 |
| MRK Merck & Co. Inc. | Add +5.7% | 0.05% | −0.00 |
| IBM Intl Business Machines Corp. | Add +0.9% | 0.02% | −0.00 |
| ABT Abbott Laboratories | Add +2.1% | 0.02% | −0.00 |
| NKE Nike Inc. Class B | Add +7.3% | 0.01% | −0.00 |
| CVX Chevron Corp. | Add +0.5% | 0.11% | −0.00 |
| CB Chubb Ltd. | Add +3.8% | 1.92% | −0.02 |
| TTE Totalenergies SE -Spon ADR | Add +3.8% | 1.49% | −0.04 |
| LIN Linde PLC | Add +5.7% | 1.85% | −0.06 |
| IR Ingersoll-Rand Inc. | Add +3.0% | 2.10% | −0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.6% | 2.86% | −0.11 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 140 | $2.1B | NVDA, MU, AAPL, GOOGL, TSM |
| Q1 2026 | 148 | $1.7B | NVDA, AAPL, GOOGL, ISCF, TSM |
| Q4 2025 | 129 | $1.7B | NVDA, GOOGL, MSFT, ISCF, AAPL |
| Q3 2025 | 129 | $1.9B | NVDA, AAPL, MSFT, PLTR, HOOD |
| Q2 2025 | 115 | $1.6B | NVDA, JPM, PG, PLTR, COST |
| Q1 2025 | 101 | $1.5B | AAPL, PLTR, PG, V, AMZN |
| Q4 2024 | 110 | $1.6B | AAPL, NVDA, PLTR, AMZN, PG |
| Q3 2024 | 109 | $1.6B | NVDA, AAPL, PG, IWM, AMZN |
| Q2 2024 | 103 | $1.5B | NVDA, AAPL, NVO, PG, MCK |
| Q1 2024 | 107 | $1.5B | NVDA, IWM, NVO, AAPL, PG |