Martin Investment Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Martin Investment Management, LLC reported 49 stock positions worth $357.4 million. Its top holding was Novartis AG-Sponsored ADR (NVS) at 8.2% of the portfolio, followed by Astrazeneca PLC-Spons ADR (AZN, 8.0%) and Sony Group Corp. - SP ADR (SONY, 6.9%). Compared with Q3 2025, it opened 3 new positions, sold out of 5, added to 1 and reduced 43. The biggest buy was a new position in Deutsche Bank AG-Registered (DB) and the biggest sale an exit from Alcon (ALC).
- Most Recent 13F
- Q2 2026
- Location
- PALM BEACH GARDENS, FL
- CIK
- 0001511888
- Portfolio Value
- $357.4M (Q4 2025)
- SEC Filing
- 0001172661-26-000579 ↗ filed Feb 10, 2026
Holdings Value
Holdings 49 stocks · $357.4M
| NVS Novartis AG-Sponsored ADR | 8.16% | 211,504 | $29.2M | Reduce -2.9% |
| AZN Astrazeneca PLC-Spons ADR | 7.96% | 309,507 | $28.5M | Reduce -3.2% |
| SONY Sony Group Corp. - SP ADR | 6.93% | 968,195 | $24.8M | Add +0.4% |
| TM Toyota Motor Corp. -Spon ADR | 6.74% | 112,580 | $24.1M | Reduce -2.3% |
| CHKP Check Point Software Tech | 6.59% | 126,966 | $23.6M | Reduce -3.1% |
| AAPL Apple Inc. | 6.10% | 80,243 | $21.8M | Reduce -7.6% |
| DB Deutsche Bank AG-Registered | 5.67% | 525,950 | $20.3M | New |
| GOOGL Alphabet Inc. Class A | 5.56% | 63,523 | $19.9M | Reduce -7.9% |
| MA Mastercard Inc. Class A | 5.01% | 31,348 | $17.9M | Reduce -6.5% |
| AXP American Express Co. | 3.29% | 31,764 | $11.8M | Reduce -7.3% |
| BKNG Booking Holdings Inc. | 3.19% | 2,127 | $11.4M | Reduce -7.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.89% | 20,580 | $10.3M | Reduce -6.7% |
| WAB Wabtec Corp. | 2.45% | 41,076 | $8.8M | Reduce -5.3% |
| LHX L3HARRIS Technologies Inc. | 2.39% | 29,093 | $8.5M | Reduce -6.0% |
| TMO Thermo Fisher Scientific Inc. | 2.36% | 14,579 | $8.4M | Reduce -4.7% |
| CBOE Cboe Global Markets Inc. | 2.24% | 31,912 | $8.0M | Reduce -6.7% |
| AME Ametek Inc. | 1.94% | 33,836 | $6.9M | Reduce -6.7% |
| AZO AutoZone Inc. | 1.77% | 1,864 | $6.3M | Reduce -6.1% |
| SYK Stryker Corp. | 1.76% | 17,920 | $6.3M | Reduce -4.5% |
| LDOS Leidos Holdings Inc. | 1.75% | 34,591 | $6.2M | Reduce -4.9% |
| APTV Aptiv PLC | 1.61% | 75,769 | $5.8M | New |
| NXPI NXP Semiconductors NV | 1.58% | 26,063 | $5.7M | Reduce -8.0% |
| ACN Accenture PLC Class A | 1.44% | 19,233 | $5.2M | Reduce -9.3% |
| LNG Cheniere Energy Inc. | 1.43% | 26,271 | $5.1M | Reduce -5.0% |
| ROP Roper Technologies Inc. | 1.40% | 11,261 | $5.0M | Reduce -6.9% |
| JPST JPMorgan Ultra-Short Income | 1.39% | 98,190 | $5.0M | New |
| MRK Merck & Co. Inc. | 1.36% | 46,230 | $4.9M | Reduce -6.3% |
| ADBE Adobe Inc. | 1.29% | 13,195 | $4.6M | Reduce -6.3% |
| NVDA Nvidia Corp. | 1.10% | 21,048 | $3.9M | Reduce -7.6% |
| GOOG Alphabet Inc. Class C | 0.31% | 3,579 | $1.1M | Reduce -6.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.25% | 835 | $893K | Reduce -29.9% |
| MSFT Microsoft Corp. | 0.22% | 1,619 | $783K | Reduce -27.6% |
| AMZN Amazon.com Inc. | 0.20% | 3,144 | $726K | Reduce -27.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.18% | 2,140 | $650K | Reduce -8.6% |
| XOM Exxon Mobil Corp. | 0.17% | 5,171 | $622K | Reduce -8.3% |
| VRSK Verisk Analytics Inc. | 0.14% | 2,170 | $485K | Reduce -92.1% |
| AON Aon PLC Class A | 0.13% | 1,325 | $468K | Reduce -33.3% |
| RELX Relx PLC - Spon ADR | 0.12% | 10,785 | $436K | Reduce -6.1% |
| HLN Haleon PLC-ADR | 0.12% | 42,345 | $428K | Reduce -9.5% |
| V Visa Inc. Class A | 0.11% | 1,120 | $393K | Reduce -13.8% |
| MDT Medtronic PLC | 0.10% | 3,750 | $360K | Reduce -33.8% |
| ALLE Allegion PLC | 0.08% | 1,841 | $293K | Reduce -37.4% |
| AVGO Broadcom Inc. | 0.08% | 800 | $277K | Reduce -36.0% |
| COST Costco Wholesale Corp. | 0.07% | 296 | $255K | Reduce -6.0% |
| JPLD JPMorgan Ltd. Duration ETF | 0.07% | 4,838 | $253K | No change |
| KMB Kimberly-Clark Corp. | 0.07% | 2,415 | $244K | Reduce -13.3% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.06% | 4,484 | $228K | Reduce -98.4% |
| JCPB JPMorgan Core Plus Bond ETF | 0.06% | 4,704 | $223K | No change |
| CRH CRH PLC | 0.06% | 1,660 | $207K | Reduce -24.4% |
Portfolio Sells Q3 2025 → Q4 2025
| ALC Alcon Inc. | Sold out | 0.00% | −4.84 |
| NICE Nice Ltd. - Spon ADR | Sold out | 0.00% | −4.57 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -98.4% | 0.06% | −3.82 |
| VRSK Verisk Analytics Inc. | Reduce -92.1% | 0.14% | −1.61 |
| AZO AutoZone Inc. | Reduce -6.1% | 1.77% | −0.40 |
| CHKP Check Point Software Tech | Reduce -3.1% | 6.59% | −0.30 |
| LNG Cheniere Energy Inc. | Reduce -5.0% | 1.43% | −0.22 |
| ROP Roper Technologies Inc. | Reduce -6.9% | 1.40% | −0.13 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.12 |
| MSFT Microsoft Corp. | Reduce -27.6% | 0.22% | −0.08 |
| SU Suncor Energy Inc. | Sold out | 0.00% | −0.07 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.07 |
| NXPI NXP Semiconductors NV | Reduce -8.0% | 1.58% | −0.06 |
| ALLE Allegion PLC | Reduce -37.4% | 0.08% | −0.05 |
| AON Aon PLC Class A | Reduce -33.3% | 0.13% | −0.05 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -29.9% | 0.25% | −0.04 |
| AMZN Amazon.com Inc. | Reduce -27.1% | 0.20% | −0.04 |
| MDT Medtronic PLC | Reduce -33.8% | 0.10% | −0.04 |
| AVGO Broadcom Inc. | Reduce -36.0% | 0.08% | −0.03 |
| KMB Kimberly-Clark Corp. | Reduce -13.3% | 0.07% | −0.02 |
| RELX Relx PLC - Spon ADR | Reduce -6.1% | 0.12% | −0.02 |
| LHX L3HARRIS Technologies Inc. | Reduce -6.0% | 2.39% | −0.01 |
| CRH CRH PLC | Reduce -24.4% | 0.06% | −0.01 |
| V Visa Inc. Class A | Reduce -13.8% | 0.11% | −0.00 |
| COST Costco Wholesale Corp. | Reduce -6.0% | 0.07% | −0.00 |
| LDOS Leidos Holdings Inc. | Reduce -4.9% | 1.75% | +0.00 |
| SYK Stryker Corp. | Reduce -4.5% | 1.76% | +0.00 |
| XOM Exxon Mobil Corp. | Reduce -8.3% | 0.17% | +0.01 |
| HLN Haleon PLC-ADR | Reduce -9.5% | 0.12% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -8.6% | 0.18% | +0.02 |
| NVDA Nvidia Corp. | Reduce -7.6% | 1.10% | +0.02 |
| ADBE Adobe Inc. | Reduce -6.3% | 1.29% | +0.03 |
| BKNG Booking Holdings Inc. | Reduce -7.3% | 3.19% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -6.7% | 2.89% | +0.08 |
| GOOG Alphabet Inc. Class C | Reduce -6.3% | 0.31% | +0.08 |
| CBOE Cboe Global Markets Inc. | Reduce -6.7% | 2.24% | +0.11 |
| ACN Accenture PLC Class A | Reduce -9.3% | 1.44% | +0.12 |
| MA Mastercard Inc. Class A | Reduce -6.5% | 5.01% | +0.16 |
| AME Ametek Inc. | Reduce -6.7% | 1.94% | +0.21 |
| WAB Wabtec Corp. | Reduce -5.3% | 2.45% | +0.24 |
| MRK Merck & Co. Inc. | Reduce -6.3% | 1.36% | +0.31 |
| AXP American Express Co. | Reduce -7.3% | 3.29% | +0.40 |
| TMO Thermo Fisher Scientific Inc. | Reduce -4.7% | 2.36% | +0.48 |
| AAPL Apple Inc. | Reduce -7.6% | 6.10% | +0.49 |
| NVS Novartis AG-Sponsored ADR | Reduce -2.9% | 8.16% | +1.06 |
| TM Toyota Motor Corp. -Spon ADR | Reduce -2.3% | 6.74% | +1.15 |
| GOOGL Alphabet Inc. Class A | Reduce -7.9% | 5.56% | +1.30 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -3.2% | 7.96% | +1.73 |
Portfolio Buys Q3 2025 → Q4 2025
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 |