Martin Investment Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 30, 2024), Martin Investment Management, LLC reported 49 stock positions worth $408.4 million. Its top holding was Novo-Nordisk A/S-Spons ADR (NVO) at 8.5% of the portfolio, followed by Check Point Software Tech (CHKP, 7.7%) and Novartis AG-Sponsored ADR (NVS, 6.6%). Compared with Q2 2024, it opened 2 new positions, sold out of 1, added to 28 and reduced 12. The biggest buy was a new position in Cboe Global Markets (CBOE) and the biggest sale an exit from Procter & Gamble (PG).
- Most Recent 13F
- Q2 2026
- Location
- PALM BEACH GARDENS, FL
- CIK
- 0001511888
- Portfolio Value
- $408.4M (Q3 2024)
- SEC Filing
- 0001172661-24-004401 ↗ filed Oct 30, 2024
Holdings Value
Holdings 49 stocks · $408.4M
| NVO Novo-Nordisk A/S-Spons ADR | 8.52% | 292,419 | $34.8M | Add +1.8% |
| CHKP Check Point Software Tech | 7.71% | 163,357 | $31.5M | Add +2.0% |
| NVS Novartis AG-Sponsored ADR | 6.61% | 234,636 | $27.0M | Add +2.5% |
| ALC Alcon Inc. filed as ALCON AG | 6.54% | 266,766 | $26.7M | Add +2.1% |
| AAPL Apple Inc. | 5.71% | 100,179 | $23.3M | Reduce -4.8% |
| AZN Astrazeneca PLC-Spons ADR | 5.53% | 284,204 | $22.6M | Add +2.8% |
| TM Toyota Motor Corp. -Spon ADR | 5.28% | 120,654 | $21.5M | Add +2.3% |
| SONY Sony Group Corp. - SP ADR | 5.07% | 214,359 | $20.7M | Add +2.6% |
| MA Mastercard Inc. Class A | 4.74% | 39,191 | $19.4M | Add +1.1% |
| GOOGL Alphabet Inc. Class A | 3.28% | 80,885 | $13.4M | Add +0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.97% | 26,322 | $12.1M | Reduce -0.2% |
| BKNG Booking Holdings Inc. | 2.95% | 2,857 | $12.0M | Add +1.3% |
| AXP American Express Co. | 2.73% | 41,100 | $11.1M | Reduce -6.2% |
| TMO Thermo Fisher Scientific Inc. | 2.58% | 17,038 | $10.5M | Add +1.1% |
| WAB Wabtec Corp. | 2.32% | 52,211 | $9.5M | Add +1.9% |
| VRSK Verisk Analytics Inc. | 2.08% | 31,732 | $8.5M | Add +3.1% |
| GD General Dynamics Corp. | 2.03% | 27,462 | $8.3M | Add +1.7% |
| CBOE Cboe Global Markets Inc. | 2.00% | 39,774 | $8.1M | New |
| NXPI NXP Semiconductors NV | 1.95% | 33,169 | $8.0M | Add +3.1% |
| LHX L3HARRIS Technologies Inc. | 1.91% | 32,863 | $7.8M | Add +4.3% |
| ACN Accenture PLC Class A | 1.87% | 21,585 | $7.6M | Reduce -5.2% |
| AME Ametek Inc. | 1.80% | 42,791 | $7.3M | Add +2.3% |
| AZO AutoZone Inc. | 1.79% | 2,316 | $7.3M | Add +2.2% |
| SYK Stryker Corp. | 1.76% | 19,949 | $7.2M | Reduce -6.9% |
| ROP Roper Technologies Inc. | 1.71% | 12,578 | $7.0M | Add +3.5% |
| ADBE Adobe Inc. | 1.52% | 11,970 | $6.2M | Add +10.8% |
| MRO Marathon Oil Corp. | 1.49% | 229,051 | $6.1M | Add +5.9% |
| MRK Merck & Co. Inc. | 1.38% | 49,682 | $5.6M | Add +6.2% |
| FANG Diamondback Energy Inc. | 1.07% | 25,301 | $4.4M | Add +21.9% |
| XOM Exxon Mobil Corp. | 0.41% | 14,296 | $1.7M | Add +3.2% |
| NVDA Nvidia Corp. | 0.36% | 12,120 | $1.5M | Add +1.0% |
| IT Gartner Inc. | 0.27% | 2,171 | $1.1M | No change |
| ASML ASML Holding NV-NY Reg SHS | 0.23% | 1,138 | $948K | Reduce -0.4% |
| MSFT Microsoft Corp. | 0.20% | 1,897 | $816K | No change |
| GOOG Alphabet Inc. Class C | 0.19% | 4,669 | $781K | Reduce -2.0% |
| LNG Cheniere Energy Inc. | 0.17% | 3,945 | $709K | No change |
| AMZN Amazon.com Inc. | 0.17% | 3,677 | $685K | No change |
| AON Aon PLC Class A | 0.15% | 1,767 | $611K | Reduce -0.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.11% | 2,538 | $441K | Reduce -5.9% |
| MDT Medtronic PLC | 0.10% | 4,718 | $425K | Add +0.1% |
| COST Costco Wholesale Corp. | 0.10% | 477 | $423K | Reduce -8.6% |
| RELX Relx PLC - Spon ADR | 0.10% | 8,595 | $408K | Reduce -1.0% |
| KMB Kimberly-Clark Corp. | 0.10% | 2,860 | $407K | Reduce -0.2% |
| HLN Haleon PLC-ADR | 0.10% | 36,830 | $390K | No change |
| V Visa Inc. Class A | 0.09% | 1,400 | $385K | No change |
| FDS Factset Research Systems Inc. | 0.06% | 575 | $264K | No change |
| TTE Totalenergies SE -Spon ADR | 0.06% | 3,975 | $257K | Add +5.3% |
| ICLR Icon PLC | 0.06% | 865 | $249K | Add +16.9% |
| AXON Axon Enterprise Inc. | 0.06% | 580 | $232K | New |
Portfolio Sells Q2 2024 → Q3 2024
| PG The Procter & Gamble Co. | Sold out | 0.00% | −1.72 |
| SYK Stryker Corp. | Reduce -6.9% | 1.76% | −0.11 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -0.4% | 0.23% | −0.07 |
| GOOG Alphabet Inc. Class C | Reduce -2.0% | 0.19% | −0.03 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -5.9% | 0.11% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -8.6% | 0.10% | −0.01 |
| RELX Relx PLC - Spon ADR | Reduce -1.0% | 0.10% | −0.00 |
| KMB Kimberly-Clark Corp. | Reduce -0.2% | 0.10% | −0.00 |
| AON Aon PLC Class A | Reduce -0.8% | 0.15% | +0.02 |
| AAPL Apple Inc. | Reduce -4.8% | 5.71% | +0.03 |
| ACN Accenture PLC Class A | Reduce -5.2% | 1.87% | +0.10 |
| AXP American Express Co. | Reduce -6.2% | 2.73% | +0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.2% | 2.97% | +0.21 |
Portfolio Buys Q2 2024 → Q3 2024
| CBOE Cboe Global Markets Inc. | New | 2.00% | +2.00 |
| CHKP Check Point Software Tech | Add +2.0% | 7.71% | +0.93 |
| ALC Alcon Inc. | Add +2.1% | 6.54% | +0.57 |
| SONY Sony Group Corp. - SP ADR | Add +2.6% | 5.07% | +0.52 |
| NVS Novartis AG-Sponsored ADR | Add +2.5% | 6.61% | +0.35 |
| MA Mastercard Inc. Class A | Add +1.1% | 4.74% | +0.35 |
| WAB Wabtec Corp. | Add +1.9% | 2.32% | +0.24 |
| TMO Thermo Fisher Scientific Inc. | Add +1.1% | 2.58% | +0.19 |
| LHX L3HARRIS Technologies Inc. | Add +4.3% | 1.91% | +0.10 |
| BKNG Booking Holdings Inc. | Add +1.3% | 2.95% | +0.08 |
| AZO AutoZone Inc. | Add +2.2% | 1.79% | +0.06 |
| AXON Axon Enterprise Inc. | New | 0.06% | +0.06 |
| GD General Dynamics Corp. | Add +1.7% | 2.03% | +0.02 |
| AME Ametek Inc. | Add +2.3% | 1.80% | +0.01 |
| MDT Medtronic PLC | Add +0.1% | 0.10% | +0.01 |
| FANG Diamondback Energy Inc. | Add +21.9% | 1.07% | +0.00 |
| ICLR Icon PLC | Add +16.9% | 0.06% | +0.00 |
| XOM Exxon Mobil Corp. | Add +3.2% | 0.41% | +0.00 |
| TTE Totalenergies SE -Spon ADR | Add +5.3% | 0.06% | −0.00 |
| AZN Astrazeneca PLC-Spons ADR | Add +2.8% | 5.53% | −0.01 |
| NVDA Nvidia Corp. | Add +1.0% | 0.36% | −0.02 |
| ADBE Adobe Inc. | Add +10.8% | 1.52% | −0.02 |
| ROP Roper Technologies Inc. | Add +3.5% | 1.71% | −0.04 |
| VRSK Verisk Analytics Inc. | Add +3.1% | 2.08% | −0.05 |
| MRO Marathon Oil Corp. | Add +5.9% | 1.49% | −0.10 |
| MRK Merck & Co. Inc. | Add +6.2% | 1.38% | −0.10 |
| NXPI NXP Semiconductors NV | Add +3.1% | 1.95% | −0.27 |
| GOOGL Alphabet Inc. Class A | Add +0.2% | 3.28% | −0.49 |
| TM Toyota Motor Corp. -Spon ADR | Add +2.3% | 5.28% | −0.93 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +1.8% | 8.52% | −1.99 |
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 |