Marketfield Asset Management LLC Quarter Q1 2024
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Marketfield Asset Management LLC reported 35 stock positions worth $127.2 million . Its top holding was Conocophillips (COP) at 4.8% of the portfolio, followed by Caterpillar (CAT, 4.7% ) and Toyota Motor Corp. -Spon ADR (TM, 4.6% ). Compared with Q4 2023, it opened 3 new positions, sold out of 2, added to 2 and reduced 15. The biggest buy was a new position in SS SPDR S&P Og Exp & Prod (XOP) and the biggest sale an exit from D.R. Horton (DHI).
Location New York, NY
CIK 0001561089
Portfolio Value $127.2M (Q1 2024)
Holdings 35 stocks · $127.2M Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 COP Conocophillips 47,837 $6.1M Reduce -5.0% CAT Caterpillar Inc. 16,302 $6.0M Reduce -5.1% TM Toyota Motor Corp. -Spon ADR 23,174 $5.8M No change ISRG Intuitive Surgical Inc. 13,613 $5.4M Reduce -6.9% SLB SLB Ltd. filed as SCHLUMBERGER LTD 97,999 $5.4M Reduce -4.4% GDX Vaneck Gold Miners ETF 167,397 $5.3M Reduce -3.4% COST Costco Wholesale Corp. 7,125 $5.2M No change SBLK Star Bulk Carriers Corp. 209,105 $5.0M Add +21.5% SHW The Sherwin-Williams Co. 14,139 $4.9M No change DE Deere & Co. 11,951 $4.9M Reduce -3.5% MPC Marathon Petroleum Corp. 23,327 $4.7M No change EXP Eagle Materials Inc. 17,096 $4.6M Reduce -9.3% CMI Cummins Inc. 15,325 $4.5M Reduce -6.7% NSC Norfolk Southern Corp. 17,279 $4.4M Reduce -2.8% XOP SS SPDR S&P Og Exp & Prod 26,238 $4.1M New MHK Mohawk Industries Inc. 29,542 $3.9M Reduce -7.1% CVX Chevron Corp. 24,239 $3.8M Reduce -7.5% FCX Freeport-McMoran Inc. 78,886 $3.7M No change DVN Devon Energy Corp. 73,744 $3.7M No change UNP Union Pacific Corp. 14,704 $3.6M Reduce -5.0% ROK Rockwell Automation Inc. 11,032 $3.2M No change HD Home Depot Inc. 8,161 $3.1M New GNK Genco Shipping & Trading Ltd. 153,702 $3.1M No change RHP Ryman Hospitality Properties 25,000 $2.9M New LEN Lennar Corp. Class A 16,600 $2.9M Reduce -49.3% EOG EOG Resources Inc. 21,491 $2.7M No change TSLA Tesla Inc. 14,599 $2.6M No change RIO Rio Tinto PLC-Spon ADR 40,054 $2.5M No change B Barrick Gold Corp. 149,927 $2.5M No change GLNG Golar LNG Ltd. 98,540 $2.4M No change JOE The St Joe Co. 35,827 $2.1M Reduce -16.6% SLV iShares Silver Trust 30,055 $684K Add +62.8% GLD SPDR Gold Shares 3,257 $670K No change WPM Wheaton Precious Metals Corp. 9,223 $435K Reduce -89.5% CIEN Ciena Corp. 6,280 $311K No change
Portfolio Sells Q4 2023 → Q1 2024 Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ DHI D.R. Horton Inc. Sold out 0.00% −5.40 WPM Wheaton Precious Metals Corp. Reduce -89.5% 0.34% −3.18 LEN Lennar Corp. Class A Reduce -49.3% 2.24% −1.72 BVN Cia DE Minas Buenaventur-ADR Sold out 0.00% −1.32 JOE The St Joe Co. Reduce -16.6% 1.63% −0.46 UNP Union Pacific Corp. Reduce -5.0% 2.84% −0.24 GDX Vaneck Gold Miners ETF Reduce -3.4% 4.16% −0.20 CVX Chevron Corp. Reduce -7.5% 3.01% −0.17 DE Deere & Co. Reduce -3.5% 3.86% −0.16 SLB SLB Ltd. Reduce -4.4% 4.22% −0.10 COP Conocophillips Reduce -5.0% 4.79% +0.05 NSC Norfolk Southern Corp. Reduce -2.8% 3.46% +0.05 ISRG Intuitive Surgical Inc. Reduce -6.9% 4.27% +0.27 CMI Cummins Inc. Reduce -6.7% 3.55% +0.36 MHK Mohawk Industries Inc. Reduce -7.1% 3.04% +0.37 EXP Eagle Materials Inc. Reduce -9.3% 3.65% +0.55 CAT Caterpillar Inc. Reduce -5.1% 4.70% +0.57
Portfolio Buys Q4 2023 → Q1 2024 Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ XOP SS SPDR S&P Og Exp & Prod New 3.20% +3.20 HD Home Depot Inc. New 2.46% +2.46 RHP Ryman Hospitality Properties New 2.27% +2.27 SBLK Star Bulk Carriers Corp. Add +21.5% 3.92% +0.95 SLV iShares Silver Trust Add +62.8% 0.54% +0.21
All Filings Quarter Positions 13F Reported Value Top Holdings Q1 2024 35 $127.2M COP, CAT, TM, ISRG, SLB