Marco Investment Management LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Marco Investment Management LLC reported 222 stock positions worth $1.3 billion. Its top holding was Broadcom (AVGO) at 8.6% of the portfolio, followed by Apple (AAPL, 5.3%) and JPMorgan Chase (JPM, 3.8%). Compared with Q2 2025, it opened 9 new positions, sold out of 7, added to 59 and reduced 87. The biggest buy was Unitedhealth (UNH, shares +37%) and the biggest sale Stryker (SYK, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0001080493
- Portfolio Value
- $1.3B (Q3 2025)
- SEC Filing
- 0001080493-25-000009 ↗ filed Nov 4, 2025
Holdings Value
Holdings 222 stocks · $1.3B
| AVGO Broadcom Inc. | 8.59% | 339,794 | $112.1M | Reduce -9.6% |
| AAPL Apple Inc. | 5.28% | 270,646 | $68.9M | Reduce -1.0% |
| JPM JPMorgan Chase & Co. | 3.78% | 156,383 | $49.3M | Reduce -1.6% |
| MSFT Microsoft Corp. | 3.49% | 88,075 | $45.6M | Reduce -0.5% |
| COST Costco Wholesale Corp. | 2.87% | 40,511 | $37.5M | Add +0.8% |
| GS Goldman Sachs Group Inc. | 2.80% | 45,914 | $36.6M | Reduce -0.9% |
| CAT Caterpillar Inc. | 2.61% | 71,290 | $34.0M | Reduce -1.1% |
| QCOM Qualcomm Inc. | 2.59% | 203,277 | $33.8M | Add +0.0% |
| ABBV Abbvie Inc. | 2.50% | 141,179 | $32.7M | Add +0.8% |
| ORCL Oracle Corp. | 2.44% | 113,192 | $31.8M | Reduce -9.8% |
| PANW Palo Alto Networks Inc. | 2.18% | 139,912 | $28.5M | Add +0.3% |
| WMT Walmart Inc. | 2.09% | 264,378 | $27.2M | Add +0.7% |
| LOW Lowe's Cos Inc. | 2.06% | 107,273 | $27.0M | Reduce -0.2% |
| CI The Cigna Group | 2.03% | 92,158 | $26.6M | Add +28.4% |
| UNH Unitedhealth Group Inc. | 2.01% | 76,165 | $26.3M | Add +36.9% |
| KLAC KLA Corp. | 2.01% | 24,278 | $26.2M | Add +0.0% |
| GOOGL Alphabet Inc. Class A | 1.82% | 97,999 | $23.8M | Reduce -0.6% |
| AXP American Express Co. | 1.79% | 70,538 | $23.4M | Reduce -0.8% |
| HD Home Depot Inc. | 1.77% | 57,080 | $23.1M | Reduce -0.4% |
| CSCO Cisco Systems Inc. | 1.60% | 305,226 | $20.9M | Reduce -1.0% |
| SYK Stryker Corp. | 1.60% | 56,482 | $20.9M | Reduce -0.6% |
| NXPI NXP Semiconductors NV | 1.37% | 78,424 | $17.9M | Add +1.7% |
| KO The Coca-Cola Co. | 1.35% | 264,923 | $17.6M | Add +1.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.31% | 25,584 | $17.0M | Add +0.7% |
| EPD Enterprise Products Partners | 1.27% | 530,691 | $16.6M | Add +0.3% |
| GDX Vaneck Gold Miners ETF | 1.20% | 204,507 | $15.6M | Reduce -0.1% |
| UNP Union Pacific Corp. | 1.09% | 60,436 | $14.3M | Add +4.0% |
| CRM Salesforce Inc. | 1.01% | 55,414 | $13.1M | Add +0.3% |
| AMGN Amgen Inc. | 0.95% | 43,924 | $12.4M | Add +2.3% |
| PSX Phillips 66 | 0.82% | 78,756 | $10.7M | Add +1.3% |
| COP Conocophillips | 0.81% | 111,172 | $10.5M | Add +0.6% |
| HON Honeywell International Inc. | 0.79% | 49,005 | $10.3M | Add +2.1% |
| AFL Aflac Inc. | 0.78% | 91,078 | $10.2M | Reduce -1.4% |
| AMZN Amazon.com Inc. | 0.77% | 45,727 | $10.0M | Add +74.5% |
| NOC Northrop Grumman Corp. | 0.75% | 15,965 | $9.7M | Reduce -2.3% |
| UPS United Parcel Service Class B | 0.74% | 115,258 | $9.6M | Add +0.8% |
| PG The Procter & Gamble Co. | 0.69% | 58,973 | $9.1M | Reduce -0.6% |
| MDT Medtronic PLC | 0.69% | 94,655 | $9.0M | Reduce -1.4% |
| NVDA Nvidia Corp. | 0.69% | 48,132 | $9.0M | Add +0.4% |
| LYB Lyondellbasell Indu Class A | 0.67% | 178,796 | $8.8M | Add +1.6% |
| AZO AutoZone Inc. | 0.66% | 2,007 | $8.6M | No change |
| XOM Exxon Mobil Corp. | 0.65% | 75,313 | $8.5M | Reduce -1.6% |
| ABT Abbott Laboratories | 0.63% | 61,399 | $8.2M | Reduce -0.8% |
| J Jacobs Solutions Inc. | 0.63% | 54,795 | $8.2M | Reduce -0.4% |
| MRK Merck & Co. Inc. | 0.62% | 96,455 | $8.1M | Reduce -1.1% |
| LRCX Lam Research Corp. | 0.62% | 60,270 | $8.1M | No change |
| TSLA Tesla Inc. | 0.60% | 17,716 | $7.9M | Reduce -0.2% |
| SCHW Schwab (charles) Corp. | 0.57% | 77,389 | $7.4M | No change |
| META Meta Platforms Inc. Class A | 0.56% | 10,013 | $7.4M | Add +4.3% |
| LHX L3HARRIS Technologies Inc. | 0.56% | 23,847 | $7.3M | Reduce -0.3% |
| GLD SPDR Gold Shares | 0.55% | 20,342 | $7.2M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.55% | 62,961 | $7.2M | Reduce -1.6% |
| MTZ Mastec Inc. | 0.52% | 31,605 | $6.7M | Add +28.2% |
| MRVL Marvell Technology Inc. | 0.45% | 69,900 | $5.9M | Reduce -0.1% |
| CVS CVS Health Corp. | 0.44% | 76,236 | $5.7M | Add +2.4% |
| PWR Quanta Services Inc. | 0.43% | 13,657 | $5.7M | Add +0.1% |
| JNJ Johnson & Johnson | 0.40% | 28,464 | $5.3M | Add +0.9% |
| TMO Thermo Fisher Scientific Inc. | 0.40% | 10,776 | $5.2M | Reduce -3.5% |
| ETN Eaton Corp. PLC | 0.39% | 13,748 | $5.1M | Add +5.6% |
| AMD Advanced Micro Devices | 0.37% | 29,942 | $4.8M | Reduce -0.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.37% | 92,772 | $4.8M | Reduce -1.2% |
| ROP Roper Technologies Inc. | 0.35% | 9,143 | $4.6M | Add +0.7% |
| EXPE Expedia Group Inc. | 0.35% | 21,244 | $4.5M | Reduce -3.6% |
| MCD McDonald's Corp. | 0.34% | 14,523 | $4.4M | Add +0.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.33% | 7,198 | $4.3M | Add +2.0% |
| AMAT Applied Materials Inc. | 0.33% | 21,103 | $4.3M | No change |
| DUK Duke Energy Corp. | 0.33% | 34,879 | $4.3M | Add +0.1% |
| EOG EOG Resources Inc. | 0.32% | 37,265 | $4.2M | Add +0.5% |
| INTC Intel Corp. | 0.32% | 122,984 | $4.1M | Reduce -5.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.31% | 27,813 | $4.0M | Add +0.5% |
| O Realty Income Corp. | 0.29% | 62,603 | $3.8M | Reduce -0.2% |
| GPN Global Payments Inc. | 0.29% | 44,882 | $3.7M | Reduce -4.3% |
| VZ Verizon Communications Inc. | 0.28% | 82,764 | $3.6M | Reduce -0.9% |
| PFE Pfizer Inc. | 0.27% | 138,209 | $3.5M | Reduce -0.2% |
| PYPL PayPal Holdings Inc. | 0.25% | 49,208 | $3.3M | Add +1.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.23% | 10,774 | $3.0M | Add +0.3% |
| WFC Wells Fargo & Co. | 0.23% | 35,651 | $3.0M | Add +0.9% |
| CTSH Cognizant Tech Solutions-A | 0.22% | 42,750 | $2.9M | Reduce -3.9% |
| MGA Magna International Inc. | 0.22% | 60,220 | $2.9M | Reduce -11.4% |
| DLR Digital Realty Trust Inc. | 0.22% | 16,450 | $2.8M | Add +4.4% |
| RSP Invesco S&P 500 Equal Weight | 0.22% | 14,828 | $2.8M | Add +0.8% |
| SBUX Starbucks Corp. | 0.21% | 32,548 | $2.8M | Reduce -0.8% |
| EXAS Exact Sciences Corp. | 0.21% | 49,728 | $2.7M | Reduce -4.0% |
| GOOG Alphabet Inc. Class C | 0.19% | 10,439 | $2.5M | Add +0.2% |
| ACN Accenture PLC Class A | 0.19% | 10,138 | $2.5M | Reduce -0.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.19% | 5,150 | $2.5M | Reduce -0.3% |
| RTX RTX Corp. | 0.18% | 14,069 | $2.4M | Reduce -0.1% |
| ISRG Intuitive Surgical Inc. | 0.17% | 4,998 | $2.2M | Add +22.4% |
| GILD Gilead Sciences Inc. | 0.17% | 19,501 | $2.2M | Reduce -0.5% |
| DRI Darden Restaurants Inc. | 0.16% | 10,675 | $2.0M | No change |
| DG Dollar General Corp. | 0.15% | 19,097 | $2.0M | Add +1.6% |
| TFC Truist Financial Corp. | 0.14% | 40,681 | $1.9M | Reduce -3.0% |
| NVS Novartis AG-Sponsored ADR | 0.14% | 14,120 | $1.8M | No change |
| BHP BHP Group Ltd.-Spon ADR | 0.13% | 30,634 | $1.7M | Reduce -20.5% |
| OKLO Oklo Inc. | 0.13% | 15,105 | $1.7M | Reduce -22.8% |
| CVX Chevron Corp. | 0.13% | 10,658 | $1.7M | Add +10.0% |
| KMB Kimberly-Clark Corp. | 0.12% | 13,115 | $1.6M | Reduce -0.4% |
| XLK SS Technology Select Sector | 0.12% | 5,648 | $1.6M | No change |
| TXN Texas Instruments Inc. | 0.12% | 8,589 | $1.6M | No change |
| XLF SS Financial Select Sector | 0.12% | 28,539 | $1.5M | No change |
Portfolio Sells Q2 2025 → Q3 2025
| SYK Stryker Corp. | Reduce -0.6% | 1.60% | −0.28 |
| CSCO Cisco Systems Inc. | Reduce -1.0% | 1.60% | −0.18 |
| MSFT Microsoft Corp. | Reduce -0.5% | 3.49% | −0.18 |
| DIS The Walt Disney Co. | Reduce -1.6% | 0.55% | −0.11 |
| AXP American Express Co. | Reduce -0.8% | 1.79% | −0.10 |
| PG The Procter & Gamble Co. | Reduce -0.6% | 0.69% | −0.09 |
| IFF Intl Flavors & Fragrances | Reduce -72.2% | 0.02% | −0.08 |
| ABT Abbott Laboratories | Reduce -0.8% | 0.63% | −0.07 |
| CTSH Cognizant Tech Solutions-A | Reduce -3.9% | 0.22% | −0.07 |
| JPM JPMorgan Chase & Co. | Reduce -1.6% | 3.78% | −0.07 |
| ACN Accenture PLC Class A | Reduce -0.1% | 0.19% | −0.06 |
| AVGO Broadcom Inc. | Reduce -9.6% | 8.59% | −0.05 |
| AMTM Amentum Holdings Inc. | Sold out | 0.00% | −0.05 |
| SBUX Starbucks Corp. | Reduce -0.8% | 0.21% | −0.04 |
| DOW Dow Inc. | Reduce -39.9% | 0.04% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -1.6% | 0.65% | −0.04 |
| AFL Aflac Inc. | Reduce -1.4% | 0.78% | −0.03 |
| GPN Global Payments Inc. | Reduce -4.3% | 0.29% | −0.03 |
| CTVA Corteva Inc. | Reduce -10.2% | 0.08% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -1.1% | 0.62% | −0.02 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -20.5% | 0.13% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -0.9% | 0.28% | −0.02 |
| MOS The Mosaic Co. | Reduce -3.9% | 0.11% | −0.02 |
| EXAS Exact Sciences Corp. | Reduce -4.0% | 0.21% | −0.02 |
| NOVT Novanta Inc. | Sold out | 0.00% | −0.02 |
| STZ Constellation Brands Inc. Class A | Reduce -1.6% | 0.06% | −0.02 |
| FSS Federal Signal Corp. | Sold out | 0.00% | −0.02 |
| SSD Simpson Manufacturing Co. Inc. | Sold out | 0.00% | −0.02 |
| EXR Extra Space Storage Inc. | Sold out | 0.00% | −0.02 |
| SPSC SPS Commerce Inc. | Sold out | 0.00% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -0.4% | 0.12% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -3.4% | 0.10% | −0.02 |
| GILD Gilead Sciences Inc. | Reduce -0.5% | 0.17% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -0.9% | 0.12% | −0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -2.3% | 0.03% | −0.01 |
| DE Deere & Co. | Reduce -1.4% | 0.05% | −0.01 |
| PFE Pfizer Inc. | Reduce -0.2% | 0.27% | −0.01 |
| O Realty Income Corp. | Reduce -0.2% | 0.29% | −0.01 |
| INMD Inmode Ltd. | Reduce -17.5% | 0.03% | −0.01 |
| D Dominion Energy Inc. | Reduce -12.3% | 0.06% | −0.01 |
| GIS General Mills Inc. | Reduce -16.9% | 0.02% | −0.01 |
| STM Stmicroelectronics NV-NY SHS | Reduce -4.0% | 0.04% | −0.01 |
| T AT&T Inc. | Reduce -1.3% | 0.06% | −0.01 |
| TFC Truist Financial Corp. | Reduce -3.0% | 0.14% | −0.01 |
| OKE Oneok Inc. | Reduce -5.4% | 0.03% | −0.01 |
| MDT Medtronic PLC | Reduce -1.4% | 0.69% | −0.01 |
| XLV SS Health Care Select Sector | Reduce -3.1% | 0.07% | −0.01 |
| SO The Southern Co. | Reduce -2.2% | 0.07% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -1.2% | 0.11% | −0.01 |
| V Visa Inc. Class A | Reduce -0.3% | 0.04% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| UNH Unitedhealth Group Inc. | Add +36.9% | 2.01% | +0.57 |
| ABBV Abbvie Inc. | Add +0.8% | 2.50% | +0.34 |
| AMZN Amazon.com Inc. | Add +74.5% | 0.77% | +0.29 |
| KLAC KLA Corp. | Add +0.0% | 2.01% | +0.19 |
| MTZ Mastec Inc. | Add +28.2% | 0.52% | +0.16 |
| NVDA Nvidia Corp. | Add +0.4% | 0.69% | +0.06 |
| CI The Cigna Group | Add +28.4% | 2.03% | +0.06 |
| PSX Phillips 66 | Add +1.3% | 0.82% | +0.05 |
| JNJ Johnson & Johnson | Add +0.9% | 0.40% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +0.2% | 0.19% | +0.04 |
| NVIDIA CORPORATION | New | 0.03% | +0.03 |
| TJX TJX Companies Inc. | Add +0.5% | 0.31% | +0.02 |
| AAON Aaon Inc. | New | 0.02% | +0.02 |
| MU Micron Technology Inc. | New | 0.02% | +0.02 |
| PNR Pentair PLC | New | 0.02% | +0.02 |
| NEE Nextera Energy Inc. | New | 0.02% | +0.02 |
| MRCY Mercury Systems Inc. | New | 0.02% | +0.02 |
| LMAT Lemaitre Vascular Inc. | New | 0.02% | +0.02 |
| LMT Lockheed Martin Corp. | New | 0.02% | +0.02 |
| SDY SS SPDR S&P Dividend ETF | New | 0.02% | +0.02 |
| EBAY eBay Inc. | Add +6.3% | 0.07% | +0.01 |
| CVS CVS Health Corp. | Add +2.4% | 0.44% | +0.01 |
| CVX Chevron Corp. | Add +10.0% | 0.13% | +0.01 |
| GPC Genuine Parts Co. | Add +7.3% | 0.08% | +0.01 |
| ET Energy Transfer LP | Add +36.3% | 0.05% | +0.01 |
| ETN Eaton Corp. PLC | Add +5.6% | 0.39% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.0% | 0.33% | +0.01 |
| XBXMX Nuveen S&P 500 Buy-WR Inc. | Add +25.6% | 0.04% | +0.01 |
| EA Electronic Arts Inc. | Add +5.1% | 0.03% | +0.01 |
| PWR Quanta Services Inc. | Add +0.1% | 0.43% | +0.00 |
| GE General Electric | Add +1.3% | 0.03% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +4.2% | 0.06% | +0.00 |
| BCPC Balchem Corp. | Add +17.0% | 0.02% | +0.00 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +2.1% | 0.03% | +0.00 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +1.5% | 0.02% | 0.00 |
| SCHD Schwab US DVD Equity ETF | Add +5.2% | 0.02% | −0.00 |
| RPM RPM International Inc. | Add +0.0% | 0.07% | −0.00 |
| SHEL Shell PLC-ADR | Add +0.2% | 0.02% | −0.00 |
| TRV The Travelers Cos Inc. | Add +0.1% | 0.04% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.7% | 1.31% | −0.00 |
| NFLX Netflix Inc. | Add +4.1% | 0.03% | −0.01 |
| CHD Church & Dwight Co. Inc. | Add +3.6% | 0.04% | −0.01 |
| WFC Wells Fargo & Co. | Add +0.9% | 0.23% | −0.01 |
| RSP Invesco S&P 500 Equal Weight | Add +0.8% | 0.22% | −0.01 |
| DLR Digital Realty Trust Inc. | Add +4.4% | 0.22% | −0.01 |
| DUK Duke Energy Corp. | Add +0.1% | 0.33% | −0.01 |
| ISRG Intuitive Surgical Inc. | Add +22.4% | 0.17% | −0.01 |
| MCD McDonald's Corp. | Add +0.2% | 0.34% | −0.01 |
| UNP Union Pacific Corp. | Add +4.0% | 1.09% | −0.02 |
| COP Conocophillips | Add +0.6% | 0.81% | −0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 245 | $1.5B | AVGO, AAPL, CAT, KLAC, JPM |
| Q1 2026 | 232 | $1.3B | AVGO, AAPL, CAT, JPM, COST |
| Q4 2025 | 228 | $1.3B | AVGO, AAPL, JPM, MSFT, CAT |
| Q3 2025 | 222 | $1.3B | AVGO, AAPL, JPM, MSFT, COST |
| Q2 2025 | 220 | $1.2B | AVGO, AAPL, JPM, MSFT, COST |
| Q1 2025 | 214 | $1.1B | AVGO, AAPL, JPM, COST, MSFT |
| Q4 2024 | 223 | $1.2B | AVGO, AAPL, JPM, COST, MSFT |
| Q3 2024 | 226 | $1.2B | AVGO, AAPL, COST, MSFT, JPM |
| Q2 2024 | 209 | $1.1B | AVGO, AAPL, QCOM, MSFT, COST |
| Q1 2024 | 209 | $1.1B | AVGO, AAPL, QCOM, MSFT, JPM |