Martin Investment Management, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 5, 2024), Martin Investment Management, LLC reported 48 stock positions worth $389.7 million. Its top holding was Novo-Nordisk A/S-Spons ADR (NVO) at 10.5% of the portfolio, followed by Check Point Software Tech (CHKP, 6.8%) and Novartis AG-Sponsored ADR (NVS, 6.3%). Compared with Q1 2024, it opened 4 new positions, sold out of 4, added to 6 and reduced 30. The biggest buy was a new position in Astrazeneca PLC-Spons ADR (AZN) and the biggest sale Haleon PLC-ADR (HLN, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- PALM BEACH GARDENS, FL
- CIK
- 0001511888
- Portfolio Value
- $389.7M (Q2 2024)
- SEC Filing
- 0001172661-24-003066 ↗ filed Aug 5, 2024
Holdings Value
Holdings 48 stocks · $389.7M
| NVO Novo-Nordisk A/S-Spons ADR | 10.52% | 287,212 | $41.0M | Reduce -3.2% |
| CHKP Check Point Software Tech | 6.78% | 160,132 | $26.4M | Reduce -3.3% |
| NVS Novartis AG-Sponsored ADR | 6.25% | 228,936 | $24.4M | Reduce -3.3% |
| TM Toyota Motor Corp. -Spon ADR | 6.20% | 117,964 | $24.2M | Reduce -3.5% |
| ALC Alcon Inc. filed as ALCON AG | 5.97% | 261,236 | $23.3M | Reduce -3.4% |
| AAPL Apple Inc. | 5.69% | 105,206 | $22.2M | Reduce -3.0% |
| AZN Astrazeneca PLC-Spons ADR | 5.53% | 276,589 | $21.6M | New |
| SONY Sony Group Corp. - SP ADR | 4.55% | 208,884 | $17.7M | Reduce -2.2% |
| MA Mastercard Inc. Class A | 4.39% | 38,752 | $17.1M | Reduce -3.8% |
| GOOGL Alphabet Inc. Class A | 3.77% | 80,689 | $14.7M | Reduce -4.1% |
| BKNG Booking Holdings Inc. | 2.87% | 2,821 | $11.2M | Reduce -3.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.75% | 26,375 | $10.7M | Reduce -3.4% |
| AXP American Express Co. | 2.60% | 43,793 | $10.1M | Reduce -3.6% |
| TMO Thermo Fisher Scientific Inc. | 2.39% | 16,848 | $9.3M | Reduce -3.6% |
| NXPI NXP Semiconductors NV | 2.22% | 32,176 | $8.7M | Reduce -2.5% |
| VRSK Verisk Analytics Inc. | 2.13% | 30,767 | $8.3M | Reduce -3.1% |
| WAB Wabtec Corp. | 2.08% | 51,260 | $8.1M | Reduce -2.4% |
| GD General Dynamics Corp. | 2.01% | 27,002 | $7.8M | Reduce -4.2% |
| SYK Stryker Corp. | 1.87% | 21,424 | $7.3M | Reduce -3.7% |
| LHX L3HARRIS Technologies Inc. | 1.82% | 31,512 | $7.1M | Reduce -3.4% |
| AME Ametek Inc. | 1.79% | 41,817 | $7.0M | Reduce -2.5% |
| ACN Accenture PLC Class A | 1.77% | 22,773 | $6.9M | Reduce -3.2% |
| ROP Roper Technologies Inc. | 1.76% | 12,147 | $6.8M | Reduce -4.3% |
| AZO AutoZone Inc. | 1.72% | 2,267 | $6.7M | New |
| PG The Procter & Gamble Co. | 1.72% | 40,531 | $6.7M | Reduce -3.3% |
| MRO Marathon Oil Corp. | 1.59% | 216,347 | $6.2M | Reduce -3.7% |
| ADBE Adobe Inc. | 1.54% | 10,803 | $6.0M | Reduce -2.0% |
| MRK Merck & Co. Inc. | 1.49% | 46,782 | $5.8M | Reduce -3.2% |
| FANG Diamondback Energy Inc. | 1.07% | 20,752 | $4.2M | New |
| XOM Exxon Mobil Corp. | 0.41% | 13,852 | $1.6M | New |
| NVDA Nvidia Corp. | 0.38% | 12,000 | $1.5M | Add +3.5% |
| ASML ASML Holding NV-NY Reg SHS | 0.30% | 1,143 | $1.2M | No change |
| IT Gartner Inc. | 0.25% | 2,171 | $975K | No change |
| GOOG Alphabet Inc. Class C | 0.22% | 4,764 | $874K | Add +7.3% |
| MSFT Microsoft Corp. | 0.22% | 1,897 | $848K | Add +2.1% |
| AMZN Amazon.com Inc. | 0.18% | 3,677 | $711K | Add +7.9% |
| LNG Cheniere Energy Inc. | 0.18% | 3,945 | $690K | Reduce -1.9% |
| AON Aon PLC Class A | 0.13% | 1,782 | $523K | Add +5.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.12% | 2,696 | $469K | Reduce -11.1% |
| COST Costco Wholesale Corp. | 0.11% | 522 | $444K | Add +1.8% |
| RELX Relx PLC - Spon ADR | 0.10% | 8,685 | $398K | No change |
| KMB Kimberly-Clark Corp. | 0.10% | 2,865 | $396K | Reduce -6.1% |
| MDT Medtronic PLC | 0.10% | 4,713 | $371K | No change |
| V Visa Inc. Class A | 0.09% | 1,400 | $367K | No change |
| HLN Haleon PLC-ADR | 0.08% | 36,830 | $304K | Reduce -99.2% |
| TTE Totalenergies SE -Spon ADR | 0.06% | 3,775 | $252K | No change |
| FDS Factset Research Systems Inc. | 0.06% | 575 | $235K | No change |
| ICLR Icon PLC | 0.06% | 740 | $232K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| HLN Haleon PLC-ADR | Reduce -99.2% | 0.08% | −9.23 |
| VRSN Verisign Inc. | Sold out | 0.00% | −1.46 |
| TM Toyota Motor Corp. -Spon ADR | Reduce -3.5% | 6.20% | −1.35 |
| HP Helmerich & Payne | Sold out | 0.00% | −1.13 |
| MA Mastercard Inc. Class A | Reduce -3.8% | 4.39% | −0.38 |
| ACN Accenture PLC Class A | Reduce -3.2% | 1.77% | −0.23 |
| BP BP PLC-Spons ADR | Sold out | 0.00% | −0.22 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.16 |
| AME Ametek Inc. | Reduce -2.5% | 1.79% | −0.14 |
| TMO Thermo Fisher Scientific Inc. | Reduce -3.6% | 2.39% | −0.10 |
| SYK Stryker Corp. | Reduce -3.7% | 1.87% | −0.08 |
| MRK Merck & Co. Inc. | Reduce -3.2% | 1.49% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.4% | 2.75% | −0.07 |
| KMB Kimberly-Clark Corp. | Reduce -6.1% | 0.10% | +0.00 |
| ROP Roper Technologies Inc. | Reduce -4.3% | 1.76% | +0.01 |
| LNG Cheniere Energy Inc. | Reduce -1.9% | 0.18% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -11.1% | 0.12% | +0.02 |
| MRO Marathon Oil Corp. | Reduce -3.7% | 1.59% | +0.03 |
| PG The Procter & Gamble Co. | Reduce -3.3% | 1.72% | +0.04 |
| SONY Sony Group Corp. - SP ADR | Reduce -2.2% | 4.55% | +0.05 |
| GD General Dynamics Corp. | Reduce -4.2% | 2.01% | +0.05 |
| AXP American Express Co. | Reduce -3.6% | 2.60% | +0.06 |
| CHKP Check Point Software Tech | Reduce -3.3% | 6.78% | +0.11 |
| LHX L3HARRIS Technologies Inc. | Reduce -3.4% | 1.82% | +0.11 |
| ADBE Adobe Inc. | Reduce -2.0% | 1.54% | +0.17 |
| WAB Wabtec Corp. | Reduce -2.4% | 2.08% | +0.20 |
| NXPI NXP Semiconductors NV | Reduce -2.5% | 2.22% | +0.21 |
| BKNG Booking Holdings Inc. | Reduce -3.6% | 2.87% | +0.26 |
| VRSK Verisk Analytics Inc. | Reduce -3.1% | 2.13% | +0.29 |
| ALC Alcon Inc. | Reduce -3.4% | 5.97% | +0.44 |
| NVS Novartis AG-Sponsored ADR | Reduce -3.3% | 6.25% | +0.63 |
| GOOGL Alphabet Inc. Class A | Reduce -4.1% | 3.77% | +0.65 |
| AAPL Apple Inc. | Reduce -3.0% | 5.69% | +1.12 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -3.2% | 10.52% | +1.16 |
Portfolio Buys Q1 2024 → Q2 2024
| AZN Astrazeneca PLC-Spons ADR | New | 5.53% | +5.53 |
| AZO AutoZone Inc. | New | 1.72% | +1.72 |
| FANG Diamondback Energy Inc. | New | 1.07% | +1.07 |
| XOM Exxon Mobil Corp. | New | 0.41% | +0.41 |
| NVDA Nvidia Corp. | Add +3.5% | 0.38% | +0.12 |
| GOOG Alphabet Inc. Class C | Add +7.3% | 0.22% | +0.06 |
| AMZN Amazon.com Inc. | Add +7.9% | 0.18% | +0.03 |
| MSFT Microsoft Corp. | Add +2.1% | 0.22% | +0.03 |
| COST Costco Wholesale Corp. | Add +1.8% | 0.11% | +0.02 |
| AON Aon PLC Class A | Add +5.3% | 0.13% | −0.00 |
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 |