Managed Asset Portfolios, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 7, 2026), Managed Asset Portfolios, LLC reported 51 stock positions worth $834.4 million. Its top holding was Chevron (CVX) at 5.8% of the portfolio, followed by Sprott Physical Gold and Sil (CEF, 5.5%) and Applied Materials (AMAT, 4.4%). Compared with Q4 2025, it opened 1 new position, sold out of 12, added to 22 and reduced 25. The biggest buy was Chevron (CVX, shares +63%) and the biggest sale an exit from Everus Construction (ECG).
- Most Recent 13F
- Q2 2026
- Location
- ROCHESTER, MI
- CIK
- 0001600999
- Portfolio Value
- $834.4M (Q1 2026)
- SEC Filing
- 0001600999-26-000006 ↗ filed May 7, 2026
Holdings Value
Holdings 51 stocks · $834.4M
| CVX Chevron Corp. | 5.76% | 232,499 | $48.1M | Add +63.0% |
| CEF Sprott Physical Gold and Sil | 5.50% | 961,480 | $45.9M | Reduce -13.5% |
| AMAT Applied Materials Inc. | 4.44% | 108,322 | $37.0M | Reduce -3.3% |
| NFG National Fuel Gas Co. | 4.37% | 387,830 | $36.4M | Add +1.9% |
| TAK Takeda Pharmaceutic-SP ADR | 3.99% | 1,798,398 | $33.3M | Add +20.2% |
| SNY Sanofi-ADR | 3.92% | 678,376 | $32.7M | Add +6.6% |
| BG Bunge Global SA | 3.77% | 247,630 | $31.5M | Reduce -2.4% |
| MSFT Microsoft Corp. | 3.66% | 82,393 | $30.5M | Reduce -7.1% |
| CSCO Cisco Systems Inc. | 3.59% | 385,962 | $29.9M | Reduce -21.6% |
| GOOG Alphabet Inc. Class C | 3.56% | 103,684 | $29.7M | Reduce -3.3% |
| VZ Verizon Communications Inc. | 3.54% | 589,143 | $29.6M | Add +43.6% |
| MDT Medtronic PLC | 3.22% | 310,455 | $26.9M | Reduce -0.6% |
| TTEK Tetra Tech Inc. | 3.20% | 886,859 | $26.7M | Add +4.9% |
| NVS Novartis AG-Sponsored ADR | 3.01% | 164,288 | $25.1M | Reduce -17.3% |
| HON Honeywell International Inc. | 2.81% | 103,844 | $23.5M | Add +3.1% |
| AON Aon PLC Class A | 2.77% | 71,613 | $23.1M | Add +23.8% |
| ORANY Orange-Spon ADR | 2.68% | 1,092,820 | $22.4M | Reduce -3.0% |
| META Meta Platforms Inc. Class A | 2.64% | 38,441 | $22.0M | Reduce -1.2% |
| WMT Walmart Inc. | 2.63% | 176,724 | $22.0M | Reduce -32.1% |
| MDU Mdu Resources Group Inc. | 2.58% | 1,037,406 | $21.5M | Reduce -2.8% |
| JNJ Johnson & Johnson | 2.39% | 81,546 | $19.9M | Reduce -1.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 2.27% | 206,840 | $19.0M | Add +28.3% |
| MOS The Mosaic Co. | 2.23% | 728,225 | $18.6M | Add +3.9% |
| V Visa Inc. Class A | 2.21% | 61,118 | $18.5M | Add +18.7% |
| PSMT Pricesmart Inc. | 2.07% | 114,853 | $17.3M | Reduce -23.4% |
| UL Unilever PLC-Sponsored ADR | 2.02% | 296,017 | $16.9M | Reduce -1.3% |
| FCX Freeport-McMoran Inc. | 1.98% | 280,890 | $16.5M | Reduce -16.5% |
| WDAY Workday Inc. Class A | 1.56% | 100,011 | $13.0M | Add +116.2% |
| ARCO Arcos Dorados Holdings Inc. Class A | 1.53% | 1,545,075 | $12.7M | Add +4.7% |
| CME Cme Group Inc. | 1.47% | 41,501 | $12.3M | Reduce -1.1% |
| ETN Eaton Corp. PLC | 1.36% | 31,614 | $11.3M | Add +0.5% |
| HD Home Depot Inc. | 1.22% | 30,846 | $10.1M | Reduce -1.9% |
| MU Micron Technology Inc. | 1.19% | 29,416 | $9.9M | Reduce -32.1% |
| GLDM SPDR Gold Minishares Trust | 1.11% | 100,331 | $9.3M | Add +0.0% |
| UBER Uber Technologies Inc. | 1.04% | 120,695 | $8.7M | Add +54.3% |
| SOLS Solstice Adv Materials Inc. | 0.96% | 105,529 | $8.0M | Reduce -1.7% |
| FIS Fidelity National Info Serv | 0.68% | 120,652 | $5.7M | Add +14.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 4,058 | $1.9M | New |
| XCEM Columbia Em Core Ex-China | 0.13% | 26,225 | $1.1M | Add +30.6% |
| ZTS Zoetis Inc. | 0.13% | 9,007 | $1.1M | Add +32.9% |
| CPB The Campbell's Company | 0.11% | 40,568 | $903K | Add +12.8% |
| ACWI iShares MSCI Acwi ETF | 0.09% | 5,472 | $757K | Reduce -72.0% |
| ONT Onterris Inc. filed as MONTROSE ENVIRONMENTAL GROUP | 0.08% | 29,703 | $650K | Add +2.3% |
| XLP SS Consumer Staples Sel Sect | 0.07% | 7,014 | $575K | No change |
| GNR State Street SPDR S&P Global | 0.05% | 5,311 | $397K | Reduce -57.7% |
| XLI SS Industrial Select Sector | 0.05% | 2,409 | $390K | Reduce -73.0% |
| AAPL Apple Inc. | 0.03% | 1,047 | $266K | Add +8.1% |
| XLK SS Technology Select Sector | 0.03% | 1,988 | $264K | Reduce -33.3% |
| XLV SS Health Care Select Sector | 0.03% | 1,682 | $247K | Reduce -47.3% |
| XLC SS Comm Select Sector SPDR | 0.03% | 1,897 | $210K | No change |
| ACWX iShares MSCI Acwi Ex US ETF | 0.02% | 3,000 | $205K | No change |
Portfolio Sells Q4 2025 → Q1 2026
| ECG Everus Construction Group | Sold out | 0.00% | −1.54 |
| MSFT Microsoft Corp. | Reduce -7.1% | 3.66% | −1.53 |
| FBIN Fortune Brands Innovations I | Sold out | 0.00% | −1.14 |
| CSCO Cisco Systems Inc. | Reduce -21.6% | 3.59% | −0.99 |
| WMT Walmart Inc. | Reduce -32.1% | 2.63% | −0.87 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.72 |
| CEF Sprott Physical Gold and Sil | Reduce -13.5% | 5.50% | −0.65 |
| GOOG Alphabet Inc. Class C | Reduce -3.3% | 3.56% | −0.50 |
| META Meta Platforms Inc. Class A | Reduce -1.2% | 2.64% | −0.47 |
| QUAL iShares MSCI USA Quality Fac | Sold out | 0.00% | −0.46 |
| EWL iShares MSCI Switzerland ETF | Sold out | 0.00% | −0.41 |
| MDT Medtronic PLC | Reduce -0.6% | 3.22% | −0.40 |
| UL Unilever PLC-Sponsored ADR | Reduce -1.3% | 2.02% | −0.35 |
| XNTK SS SPDR Nyse Tech ETF | Sold out | 0.00% | −0.31 |
| MU Micron Technology Inc. | Reduce -32.1% | 1.19% | −0.30 |
| NVS Novartis AG-Sponsored ADR | Reduce -17.3% | 3.01% | −0.30 |
| PM Philip Morris International | Sold out | 0.00% | −0.26 |
| ACWI iShares MSCI Acwi ETF | Reduce -72.0% | 0.09% | −0.24 |
| IXJ iShares Global Healthcare Et | Sold out | 0.00% | −0.21 |
| PSMT Pricesmart Inc. | Reduce -23.4% | 2.07% | −0.15 |
| XLI SS Industrial Select Sector | Reduce -73.0% | 0.05% | −0.12 |
| HD Home Depot Inc. | Reduce -1.9% | 1.22% | −0.09 |
| FCX Freeport-McMoran Inc. | Reduce -16.5% | 1.98% | −0.09 |
| USMV iShares MSCI USA Min Vol Fac | Sold out | 0.00% | −0.06 |
| GNR State Street SPDR S&P Global | Reduce -57.7% | 0.05% | −0.05 |
| IYJ iShares U.S. Industrials ETF | Sold out | 0.00% | −0.04 |
| XLB SS Materials Select Sector | Sold out | 0.00% | −0.04 |
| XLV SS Health Care Select Sector | Reduce -47.3% | 0.03% | −0.03 |
| EFAV iShares MSCI Eafe Min Vol Fa | Sold out | 0.00% | −0.03 |
| XLK SS Technology Select Sector | Reduce -33.3% | 0.03% | −0.02 |
| MDU Mdu Resources Group Inc. | Reduce -2.8% | 2.58% | +0.06 |
| CME Cme Group Inc. | Reduce -1.1% | 1.47% | +0.08 |
| JNJ Johnson & Johnson | Reduce -1.8% | 2.39% | +0.31 |
| SOLS Solstice Adv Materials Inc. | Reduce -1.7% | 0.96% | +0.33 |
| ORANY Orange-Spon ADR | Reduce -3.0% | 2.68% | +0.41 |
| AMAT Applied Materials Inc. | Reduce -3.3% | 4.44% | +0.96 |
| BG Bunge Global SA | Reduce -2.4% | 3.77% | +1.05 |
Portfolio Buys Q4 2025 → Q1 2026
| CVX Chevron Corp. | Add +63.0% | 5.76% | +3.14 |
| VZ Verizon Communications Inc. | Add +43.6% | 3.54% | +1.53 |
| TAK Takeda Pharmaceutic-SP ADR | Add +20.2% | 3.99% | +1.18 |
| NFG National Fuel Gas Co. | Add +1.9% | 4.37% | +0.69 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +28.3% | 2.27% | +0.49 |
| HON Honeywell International Inc. | Add +3.1% | 2.81% | +0.44 |
| WDAY Workday Inc. Class A | Add +116.2% | 1.56% | +0.36 |
| AON Aon PLC Class A | Add +23.8% | 2.77% | +0.31 |
| UBER Uber Technologies Inc. | Add +54.3% | 1.04% | +0.27 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.23% | +0.23 |
| ARCO Arcos Dorados Holdings Inc. Class A | Add +4.7% | 1.53% | +0.22 |
| SNY Sanofi-ADR | Add +6.6% | 3.92% | +0.19 |
| MOS The Mosaic Co. | Add +3.9% | 2.23% | +0.19 |
| ETN Eaton Corp. PLC | Add +0.5% | 1.36% | +0.15 |
| GLDM SPDR Gold Minishares Trust | Add +0.0% | 1.11% | +0.08 |
| XCEM Columbia Em Core Ex-China | Add +30.6% | 0.13% | +0.04 |
| V Visa Inc. Class A | Add +18.7% | 2.21% | +0.03 |
| ZTS Zoetis Inc. | Add +32.9% | 0.13% | +0.02 |
| AAPL Apple Inc. | Add +8.1% | 0.03% | 0.00 |
| ONT Onterris Inc. | Add +2.3% | 0.08% | −0.01 |
| CPB The Campbell's Company | Add +12.8% | 0.11% | −0.01 |
| FIS Fidelity National Info Serv | Add +14.1% | 0.68% | −0.17 |
| TTEK Tetra Tech Inc. | Add +4.9% | 3.20% | −0.22 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 51 | $874.9M | AMAT, CVX, CEF, TTEK, GOOG |
| Q1 2026 | 51 | $834.4M | CVX, CEF, AMAT, NFG, TAK |
| Q4 2025 | 62 | $828.1M | CEF, MSFT, CSCO, GOOG, SNY |
| Q3 2025 | 51 | $807.7M | MSFT, CEF, NFG, META, CSCO |
| Q2 2025 | 48 | $769.7M | MSFT, META, CSCO, CEF, NFG |
| Q1 2025 | 50 | $721.8M | MSFT, SNY, CEF, CSCO, NFG |
| Q4 2024 | 52 | $674.6M | MSFT, CSCO, SNY, META, CEF |
| Q3 2024 | 48 | $707.9M | MSFT, SNY, MDU, TTEK, CSCO |
| Q2 2024 | 43 | $674.5M | MSFT, TTEK, BG, SNY, MDU |
| Q1 2024 | 40 | $687.0M | MSFT, BG, TTEK, SNY, CSCO |