Martin Investment Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Martin Investment Management, LLC reported 48 stock positions worth $407.1 million. Its top holding was Novo-Nordisk A/S-Spons ADR (NVO) at 9.4% of the portfolio, followed by Haleon PLC-ADR (HLN, 9.3%) and Toyota Motor Corp. -Spon ADR (TM, 7.6%). Compared with Q4 2023, it opened 1 new position, sold out of 1, added to 12 and reduced 22. The biggest buy was Haleon PLC-ADR (HLN, shares +12018%) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- PALM BEACH GARDENS, FL
- CIK
- 0001511888
- Portfolio Value
- $407.1M (Q1 2024)
- SEC Filing
- 0001172661-24-002100 ↗ filed May 9, 2024
Holdings Value
Holdings 48 stocks · $407.1M
| NVO Novo-Nordisk A/S-Spons ADR | 9.36% | 296,781 | $38.1M | Add +3.2% |
| HLN Haleon PLC-ADR | 9.31% | 4,463,205 | $37.9M | Add +12018.4% |
| TM Toyota Motor Corp. -Spon ADR | 7.56% | 122,230 | $30.8M | Add +4.7% |
| CHKP Check Point Software Tech | 6.67% | 165,581 | $27.2M | Add +4.5% |
| NVS Novartis AG-Sponsored ADR | 5.63% | 236,800 | $22.9M | Add +4.7% |
| ALC Alcon Inc. filed as ALCON AG | 5.53% | 270,352 | $22.5M | Add +4.6% |
| MA Mastercard Inc. Class A | 4.77% | 40,280 | $19.4M | Reduce -1.3% |
| AAPL Apple Inc. | 4.57% | 108,417 | $18.6M | Reduce -0.9% |
| SONY Sony Group Corp. - SP ADR | 4.50% | 213,620 | $18.3M | Add +5.7% |
| GOOGL Alphabet Inc. Class A | 3.12% | 84,109 | $12.7M | Reduce -1.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.82% | 27,293 | $11.5M | Reduce -1.1% |
| BKNG Booking Holdings Inc. | 2.61% | 2,927 | $10.6M | Reduce -1.0% |
| AXP American Express Co. | 2.54% | 45,433 | $10.3M | Reduce -1.3% |
| TMO Thermo Fisher Scientific Inc. | 2.50% | 17,475 | $10.2M | Reduce -0.6% |
| NXPI NXP Semiconductors NV | 2.01% | 33,002 | $8.2M | Add +0.1% |
| ACN Accenture PLC Class A | 2.00% | 23,519 | $8.2M | Reduce -1.4% |
| GD General Dynamics Corp. | 1.96% | 28,190 | $8.0M | Reduce -0.7% |
| SYK Stryker Corp. | 1.96% | 22,237 | $8.0M | Reduce -1.3% |
| AME Ametek Inc. | 1.93% | 42,890 | $7.8M | Add +0.1% |
| WAB Wabtec Corp. | 1.88% | 52,515 | $7.7M | Reduce -0.3% |
| VRSK Verisk Analytics Inc. | 1.84% | 31,765 | $7.5M | Reduce -0.4% |
| ROP Roper Technologies Inc. | 1.75% | 12,698 | $7.1M | Add +0.1% |
| LHX L3HARRIS Technologies Inc. | 1.71% | 32,609 | $6.9M | Reduce -0.5% |
| PG The Procter & Gamble Co. | 1.67% | 41,915 | $6.8M | Reduce -0.7% |
| MRK Merck & Co. Inc. | 1.57% | 48,338 | $6.4M | Add +0.1% |
| MRO Marathon Oil Corp. | 1.56% | 224,692 | $6.4M | Reduce -0.5% |
| VRSN Verisign Inc. | 1.46% | 31,401 | $6.0M | Reduce -0.5% |
| ADBE Adobe Inc. | 1.37% | 11,028 | $5.6M | Add +0.4% |
| HP Helmerich & Payne | 1.13% | 109,571 | $4.6M | Reduce -0.8% |
| ASML ASML Holding NV-NY Reg SHS | 0.27% | 1,143 | $1.1M | Reduce -0.9% |
| NVDA Nvidia Corp. | 0.26% | 1,160 | $1.0M | No change |
| IT Gartner Inc. | 0.25% | 2,171 | $1.0M | New |
| BP BP PLC-Spons ADR | 0.22% | 23,960 | $903K | No change |
| MSFT Microsoft Corp. | 0.19% | 1,857 | $781K | No change |
| GOOG Alphabet Inc. Class C | 0.17% | 4,439 | $676K | No change |
| LNG Cheniere Energy Inc. | 0.16% | 4,020 | $648K | No change |
| PXD Pioneer Natural Resources Co. | 0.16% | 2,412 | $633K | No change |
| AMZN Amazon.com Inc. | 0.15% | 3,409 | $615K | No change |
| AON Aon PLC Class A | 0.14% | 1,692 | $565K | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.10% | 3,031 | $412K | Reduce -2.1% |
| MDT Medtronic PLC | 0.10% | 4,713 | $411K | Reduce -65.9% |
| KMB Kimberly-Clark Corp. | 0.10% | 3,050 | $395K | Reduce -0.3% |
| V Visa Inc. Class A | 0.10% | 1,400 | $391K | No change |
| RELX Relx PLC - Spon ADR | 0.09% | 8,685 | $376K | No change |
| COST Costco Wholesale Corp. | 0.09% | 513 | $376K | Reduce -1.9% |
| FDS Factset Research Systems Inc. | 0.06% | 575 | $261K | No change |
| TTE Totalenergies SE -Spon ADR | 0.06% | 3,775 | $260K | No change |
| ICLR Icon PLC | 0.06% | 740 | $249K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -0.9% | 4.57% | −1.71 |
| BKNG Booking Holdings Inc. | Reduce -1.0% | 2.61% | −0.52 |
| ACN Accenture PLC Class A | Reduce -1.4% | 2.00% | −0.49 |
| VRSN Verisign Inc. | Reduce -0.5% | 1.46% | −0.47 |
| VRSK Verisk Analytics Inc. | Reduce -0.4% | 1.84% | −0.43 |
| MA Mastercard Inc. Class A | Reduce -1.3% | 4.77% | −0.42 |
| GOOGL Alphabet Inc. Class A | Reduce -1.0% | 3.12% | −0.42 |
| LHX L3HARRIS Technologies Inc. | Reduce -0.5% | 1.71% | −0.35 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.6% | 2.50% | −0.28 |
| GD General Dynamics Corp. | Reduce -0.7% | 1.96% | −0.24 |
| MDT Medtronic PLC | Reduce -65.9% | 0.10% | −0.24 |
| PG The Procter & Gamble Co. | Reduce -0.7% | 1.67% | −0.17 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.15 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.1% | 2.82% | −0.11 |
| WAB Wabtec Corp. | Reduce -0.3% | 1.88% | −0.11 |
| MRO Marathon Oil Corp. | Reduce -0.5% | 1.56% | −0.06 |
| HP Helmerich & Payne | Reduce -0.8% | 1.13% | −0.06 |
| SYK Stryker Corp. | Reduce -1.3% | 1.96% | −0.06 |
| AXP American Express Co. | Reduce -1.3% | 2.54% | −0.03 |
| KMB Kimberly-Clark Corp. | Reduce -0.3% | 0.10% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -1.9% | 0.09% | −0.01 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -2.1% | 0.10% | +0.01 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -0.9% | 0.27% | +0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| HLN Haleon PLC-ADR | Add +12018.4% | 9.31% | +9.22 |
| TM Toyota Motor Corp. -Spon ADR | Add +4.7% | 7.56% | +1.18 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +3.2% | 9.36% | +0.50 |
| IT Gartner Inc. | New | 0.25% | +0.25 |
| MRK Merck & Co. Inc. | Add +0.1% | 1.57% | −0.00 |
| AME Ametek Inc. | Add +0.1% | 1.93% | −0.18 |
| NXPI NXP Semiconductors NV | Add +0.1% | 2.01% | −0.25 |
| ROP Roper Technologies Inc. | Add +0.1% | 1.75% | −0.31 |
| ALC Alcon Inc. | Add +4.6% | 5.53% | −0.48 |
| CHKP Check Point Software Tech | Add +4.5% | 6.67% | −0.54 |
| ADBE Adobe Inc. | Add +0.4% | 1.37% | −0.59 |
| NVS Novartis AG-Sponsored ADR | Add +4.7% | 5.63% | −1.18 |
| SONY Sony Group Corp. - SP ADR | Add +5.7% | 4.50% | −1.20 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 47 | $299.6M | NVS, AZN, AAPL, GOOGL, SONY |
| Q1 2026 | 46 | $334.1M | AZN, NVS, TM, AAPL, SONY |
| Q4 2025 | 49 | $357.4M | NVS, AZN, SONY, TM, CHKP |
| Q3 2025 | 51 | $393.5M | NVS, SONY, CHKP, AZN, AAPL |
| Q2 2025 | 49 | $390.1M | CHKP, SONY, NVS, ALC, AZN |
| Q1 2025 | 50 | $396.4M | CHKP, SONY, ALC, NVS, AZN |
| Q4 2024 | 48 | $364.3M | CHKP, NVO, TM, SONY, ALC |
| Q3 2024 | 49 | $408.4M | NVO, CHKP, NVS, ALC, AAPL |
| Q2 2024 | 48 | $389.7M | NVO, CHKP, NVS, TM, ALC |
| Q1 2024 | 48 | $407.1M | NVO, HLN, TM, CHKP, NVS |