Martingale Asset Management L P
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 12, 2024), Martingale Asset Management L P reported 781 stock positions worth $4.6 billion. Its top holding was Alphabet Class A (GOOGL) at 1.5% of the portfolio, followed by Microsoft (MSFT, 1.4%) and Apple (AAPL, 1.4%). Compared with Q1 2024, it opened 72 new positions, sold out of 91, added to 300 and reduced 345. The biggest buy was a new position in Ferguson Enterprises (FERG) and the biggest sale an exit from Ferguson Jersey (FERG).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0000936944
- Portfolio Value
- $4.6B (Q2 2024)
- SEC Filing
- 0000936944-24-000006 ↗ filed Aug 12, 2024
Holdings Value
Holdings 781 stocks · $4.6B
| GOOGL Alphabet Inc. Class A | 1.47% | 372,321 | $67.8M | Reduce -17.1% |
| MSFT Microsoft Corp. | 1.44% | 149,415 | $66.8M | Reduce -11.6% |
| AAPL Apple Inc. | 1.36% | 299,277 | $63.0M | Reduce -13.8% |
| LLY Eli Lilly & Co. | 1.36% | 69,332 | $62.8M | Reduce -17.1% |
| AMZN Amazon.com Inc. | 1.30% | 311,201 | $60.1M | Add +7.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.21% | 138,129 | $56.2M | Reduce -7.2% |
| PG The Procter & Gamble Co. | 1.14% | 319,724 | $52.7M | Reduce -8.5% |
| MRK Merck & Co. Inc. | 1.12% | 417,300 | $51.7M | Reduce -8.9% |
| COST Costco Wholesale Corp. | 1.11% | 60,358 | $51.3M | Reduce -17.5% |
| UNH Unitedhealth Group Inc. | 1.11% | 100,737 | $51.3M | Reduce -6.2% |
| XOM Exxon Mobil Corp. | 1.05% | 422,577 | $48.6M | Add +16.4% |
| JNJ Johnson & Johnson | 1.04% | 329,552 | $48.2M | Reduce -5.1% |
| WMT Walmart Inc. | 1.02% | 698,982 | $47.3M | Reduce -10.2% |
| V Visa Inc. Class A | 1.00% | 176,760 | $46.4M | Reduce -7.9% |
| INTU Intuit Inc. | 0.95% | 67,141 | $44.1M | Reduce -11.7% |
| VZ Verizon Communications Inc. | 0.92% | 1,036,810 | $42.8M | Reduce -3.5% |
| T AT&T Inc. | 0.92% | 2,231,133 | $42.6M | Add +8.9% |
| AXP American Express Co. | 0.89% | 177,698 | $41.1M | Reduce -7.7% |
| CSCO Cisco Systems Inc. | 0.87% | 844,019 | $40.1M | Reduce -13.4% |
| ELV Elevance Health Inc. | 0.85% | 72,900 | $39.5M | Reduce -7.3% |
| MA Mastercard Inc. Class A | 0.85% | 89,441 | $39.5M | Reduce -8.3% |
| HD Home Depot Inc. | 0.84% | 113,197 | $39.0M | Add +36.9% |
| ORCL Oracle Corp. | 0.84% | 275,266 | $38.9M | Reduce -8.8% |
| META Meta Platforms Inc. Class A | 0.81% | 74,414 | $37.5M | Reduce -16.0% |
| WM Waste Management Inc. | 0.81% | 175,814 | $37.5M | Reduce -8.0% |
| TMUS T-Mobile US Inc. | 0.81% | 212,463 | $37.4M | Reduce -8.5% |
| PEP Pepsico Inc. | 0.79% | 220,200 | $36.3M | Reduce -9.3% |
| KO The Coca-Cola Co. | 0.78% | 569,930 | $36.3M | Reduce -13.4% |
| PM Philip Morris International | 0.78% | 357,677 | $36.2M | Reduce -9.4% |
| MCK McKesson Corp. | 0.78% | 61,427 | $35.9M | Reduce -13.7% |
| RSG Republic Services Inc. | 0.78% | 184,592 | $35.9M | Reduce -9.9% |
| ABT Abbott Laboratories | 0.77% | 344,039 | $35.7M | Reduce -11.3% |
| CDNS Cadence Design SYS Inc. | 0.76% | 113,623 | $35.0M | Reduce -17.3% |
| CASY Casey's General Stores Inc. | 0.75% | 91,513 | $34.9M | Reduce -15.1% |
| CL Colgate-Palmolive Co. | 0.75% | 358,133 | $34.8M | Reduce -6.8% |
| EA Electronic Arts Inc. | 0.74% | 247,314 | $34.5M | Reduce -5.1% |
| ABBV Abbvie Inc. | 0.73% | 195,574 | $33.5M | Reduce -5.7% |
| MO Altria Group Inc. | 0.72% | 735,885 | $33.5M | Reduce -4.5% |
| LMT Lockheed Martin Corp. | 0.71% | 70,618 | $33.0M | Reduce -5.3% |
| CB Chubb Ltd. | 0.71% | 129,083 | $32.9M | Reduce -9.1% |
| QCOM Qualcomm Inc. | 0.71% | 163,830 | $32.6M | Add +27.4% |
| ROP Roper Technologies Inc. | 0.70% | 57,257 | $32.3M | Reduce -8.7% |
| CI The Cigna Group | 0.69% | 96,377 | $31.9M | Add +3.6% |
| KMB Kimberly-Clark Corp. | 0.69% | 229,524 | $31.7M | Reduce -3.5% |
| CLH Clean Harbors Inc. | 0.66% | 135,158 | $30.6M | Reduce -10.6% |
| NOW ServiceNow Inc. | 0.66% | 38,539 | $30.3M | Reduce -11.1% |
| ACN Accenture PLC Class A | 0.65% | 99,120 | $30.1M | Reduce -25.2% |
| ADBE Adobe Inc. | 0.64% | 53,019 | $29.5M | Reduce -33.6% |
| VRTX Vertex Pharmaceuticals Inc. | 0.64% | 62,672 | $29.4M | Reduce -10.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.63% | 169,125 | $29.3M | Reduce -5.2% |
| AMGN Amgen Inc. | 0.63% | 92,728 | $29.0M | Reduce -6.1% |
| KR Kroger Co. | 0.62% | 578,632 | $28.9M | Reduce -7.5% |
| MKL Markel Group Inc. | 0.62% | 18,154 | $28.6M | Reduce -1.3% |
| GD General Dynamics Corp. | 0.61% | 97,205 | $28.2M | Reduce -7.5% |
| CVX Chevron Corp. | 0.60% | 178,335 | $27.9M | Add +25.5% |
| MUSA Murphy USA Inc. | 0.60% | 58,998 | $27.7M | Reduce -13.2% |
| REGN Regeneron Pharmaceuticals | 0.59% | 26,183 | $27.5M | Reduce -11.1% |
| L Loews Corp. | 0.59% | 365,954 | $27.4M | Reduce -8.1% |
| ALL Allstate Corp. | 0.58% | 169,288 | $27.0M | Add +711.0% |
| INGR Ingredion Inc. | 0.58% | 233,152 | $26.7M | Reduce -5.1% |
| ADP Automatic Data Processing | 0.57% | 111,191 | $26.5M | Reduce -7.1% |
| TXT Textron Inc. | 0.57% | 307,916 | $26.4M | Reduce -6.8% |
| RGA Reinsurance Group of America | 0.57% | 127,632 | $26.2M | Reduce -6.1% |
| EME Emcor Group Inc. | 0.56% | 70,771 | $25.8M | Reduce -2.9% |
| MCD McDonald's Corp. | 0.56% | 100,831 | $25.7M | Reduce -6.1% |
| LDOS Leidos Holdings Inc. | 0.55% | 175,790 | $25.6M | Add +59.4% |
| DOX Amdocs Ltd. | 0.55% | 321,216 | $25.4M | Reduce -10.1% |
| TRV The Travelers Cos Inc. | 0.53% | 121,252 | $24.7M | Reduce -7.8% |
| FERG Ferguson Enterprises Inc. | 0.52% | 123,884 | $24.0M | New |
| EG Everest Group Ltd. | 0.52% | 62,643 | $23.9M | Reduce -11.8% |
| SNX TD Synnex Corp. | 0.51% | 203,568 | $23.5M | Add +9.4% |
| PEG Public Service Enterprise GP | 0.50% | 316,781 | $23.3M | Reduce -11.9% |
| NOC Northrop Grumman Corp. | 0.50% | 53,224 | $23.2M | Reduce -3.3% |
| NTAP Netapp Inc. | 0.50% | 179,129 | $23.1M | Add +3.6% |
| JPM JPMorgan Chase & Co. | 0.50% | 113,746 | $23.0M | Reduce -2.8% |
| CNC Centene Corp. | 0.50% | 345,407 | $22.9M | Add +21.3% |
| MRSH Marsh & McLennan Cos | 0.49% | 107,545 | $22.7M | Reduce -5.3% |
| EOG EOG Resources Inc. | 0.48% | 178,176 | $22.4M | Add +1812.8% |
| HII Huntington Ingalls Industrie | 0.48% | 90,548 | $22.3M | Reduce -5.4% |
| CRM Salesforce Inc. | 0.48% | 86,371 | $22.2M | Reduce -43.1% |
| DTE DTE Energy Company | 0.47% | 195,989 | $21.8M | Reduce -8.9% |
| CW Curtiss-Wright Corp. | 0.47% | 79,655 | $21.6M | Reduce -6.4% |
| NEM Newmont Corp. | 0.46% | 510,890 | $21.4M | Add +48.7% |
| ETR Entergy Corp. | 0.46% | 197,905 | $21.2M | Reduce -1.3% |
| SNA Snap-on Inc. | 0.46% | 80,677 | $21.1M | Reduce -9.2% |
| GILD Gilead Sciences Inc. | 0.45% | 303,522 | $20.8M | Reduce -3.6% |
| CBOE Cboe Global Markets Inc. | 0.45% | 121,699 | $20.7M | Reduce -17.3% |
| NVDA Nvidia Corp. | 0.45% | 166,653 | $20.6M | Add +84.5% |
| TTEK Tetra Tech Inc. | 0.44% | 100,438 | $20.5M | Reduce -6.0% |
| HIG Hartford Insurance Group Inc. | 0.44% | 202,260 | $20.3M | Reduce -26.2% |
| ADSK Autodesk Inc. | 0.44% | 81,535 | $20.2M | Reduce -33.2% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.43% | 334,671 | $20.0M | Add +52.8% |
| ANET Arista Networks Inc. | 0.43% | 57,158 | $20.0M | Reduce -4.0% |
| CACI Caci International Inc. Class A | 0.42% | 45,483 | $19.6M | Reduce -7.1% |
| ZTS Zoetis Inc. | 0.42% | 112,117 | $19.4M | Reduce -32.2% |
| CHE Chemed Corp. | 0.41% | 35,060 | $19.0M | Reduce -10.2% |
| MOH Molina Healthcare Inc. | 0.41% | 63,073 | $18.8M | Reduce -2.9% |
| COR Cencora Inc. | 0.40% | 82,841 | $18.7M | Reduce -10.5% |
| OGE Oge Energy Corp. | 0.40% | 517,951 | $18.5M | Reduce -4.2% |
| RNR Renaissancere Holdings Ltd. | 0.40% | 82,705 | $18.5M | Reduce -12.4% |
Portfolio Sells Q1 2024 → Q2 2024
| FERG Ferguson Jersey Ltd. | Sold out | 0.00% | −0.57 |
| CRM Salesforce Inc. | Reduce -43.1% | 0.48% | −0.43 |
| AVGO Broadcom Inc. | Reduce -69.0% | 0.29% | −0.42 |
| PCAR Paccar Inc. | Reduce -48.0% | 0.29% | −0.32 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Reduce -67.2% | 0.13% | −0.32 |
| LSTR Landstar System Inc. | Reduce -90.6% | 0.03% | −0.30 |
| BMY Bristol-Myers Squibb Co. | Reduce -45.3% | 0.23% | −0.28 |
| ACN Accenture PLC Class A | Reduce -25.2% | 0.65% | −0.27 |
| WRB WR Berkley Corp. | Reduce -83.7% | 0.05% | −0.26 |
| SNPS Synopsys Inc. | Reduce -81.3% | 0.06% | −0.21 |
| CAH Cardinal Health Inc. | Reduce -34.5% | 0.35% | −0.21 |
| CMCSA Comcast Corp. Class A | Reduce -52.2% | 0.18% | −0.20 |
| HSY The Hershey Co. | Reduce -97.7% | 0.00% | −0.20 |
| ADSK Autodesk Inc. | Reduce -33.2% | 0.44% | −0.20 |
| MANH Manhattan Associates Inc. | Reduce -45.5% | 0.25% | −0.18 |
| AXS Axis Capital Holdings Ltd. | Reduce -58.0% | 0.17% | −0.18 |
| ADBE Adobe Inc. | Reduce -33.6% | 0.64% | −0.17 |
| DRI Darden Restaurants Inc. | Reduce -42.1% | 0.21% | −0.16 |
| PTC PTC Inc. | Reduce -96.1% | 0.01% | −0.16 |
| WDAY Workday Inc. Class A | Reduce -96.6% | 0.00% | −0.15 |
| ZTS Zoetis Inc. | Reduce -32.2% | 0.42% | −0.14 |
| GL Globe Life Inc. | Sold out | 0.00% | −0.13 |
| MOH Molina Healthcare Inc. | Reduce -2.9% | 0.41% | −0.13 |
| XEL Xcel Energy Inc. | Reduce -45.5% | 0.18% | −0.13 |
| PSX Phillips 66 | Reduce -30.3% | 0.24% | −0.13 |
| HIG Hartford Insurance Group Inc. | Reduce -26.2% | 0.44% | −0.12 |
| MSM MSC Industrial Direct Co. Class A | Reduce -32.5% | 0.18% | −0.12 |
| ABT Abbott Laboratories | Reduce -11.3% | 0.77% | −0.11 |
| HUM Humana Inc. | Sold out | 0.00% | −0.10 |
| CSCO Cisco Systems Inc. | Reduce -13.4% | 0.87% | −0.10 |
| CDNS Cadence Design SYS Inc. | Reduce -17.3% | 0.76% | −0.10 |
| DOX Amdocs Ltd. | Reduce -10.1% | 0.55% | −0.10 |
| ORLY O'reilly Automotive Inc. | Reduce -86.4% | 0.02% | −0.10 |
| CBOE Cboe Global Markets Inc. | Reduce -17.3% | 0.45% | −0.09 |
| MRK Merck & Co. Inc. | Reduce -8.9% | 1.12% | −0.09 |
| CHE Chemed Corp. | Reduce -10.2% | 0.41% | −0.09 |
| KR Kroger Co. | Reduce -7.5% | 0.62% | −0.09 |
| USFD US Foods Holding Corp. | Reduce -84.8% | 0.02% | −0.08 |
| MA Mastercard Inc. Class A | Reduce -8.3% | 0.85% | −0.08 |
| EVR Evercore Inc. Class A | Reduce -92.7% | 0.01% | −0.08 |
| ULTA Ulta Beauty Inc. | Reduce -92.6% | 0.00% | −0.08 |
| HII Huntington Ingalls Industrie | Reduce -5.4% | 0.48% | −0.07 |
| TRV The Travelers Cos Inc. | Reduce -7.8% | 0.53% | −0.07 |
| SNA Snap-on Inc. | Reduce -9.2% | 0.46% | −0.07 |
| SAIC Science Applications Inte | Reduce -14.3% | 0.35% | −0.07 |
| WTM White Mountains Insurance GP | Reduce -61.5% | 0.05% | −0.07 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.07 |
| MPC Marathon Petroleum Corp. | Reduce -11.7% | 0.31% | −0.07 |
| V Visa Inc. Class A | Reduce -7.9% | 1.00% | −0.07 |
| MSI Motorola Solutions Inc. | Reduce -34.2% | 0.22% | −0.06 |
Portfolio Buys Q1 2024 → Q2 2024
| FERG Ferguson Enterprises Inc. | New | 0.52% | +0.52 |
| ALL Allstate Corp. | Add +711.0% | 0.58% | +0.51 |
| EOG EOG Resources Inc. | Add +1812.8% | 0.48% | +0.46 |
| NVDA Nvidia Corp. | Add +84.5% | 0.45% | +0.28 |
| QCOM Qualcomm Inc. | Add +27.4% | 0.71% | +0.27 |
| LDOS Leidos Holdings Inc. | Add +59.4% | 0.55% | +0.27 |
| AMZN Amazon.com Inc. | Add +7.8% | 1.30% | +0.26 |
| AMAT Applied Materials Inc. | Add +564.2% | 0.29% | +0.25 |
| NEM Newmont Corp. | Add +48.7% | 0.46% | +0.22 |
| XOM Exxon Mobil Corp. | Add +16.4% | 1.05% | +0.21 |
| HD Home Depot Inc. | Add +36.9% | 0.84% | +0.21 |
| UNP Union Pacific Corp. | Add +452.4% | 0.25% | +0.20 |
| T AT&T Inc. | Add +8.9% | 0.92% | +0.20 |
| BNY Bank of New York Mellon Corp. | Add +52.8% | 0.43% | +0.18 |
| PGR Progressive Corp. | Add +112.7% | 0.32% | +0.18 |
| CVX Chevron Corp. | Add +25.5% | 0.60% | +0.16 |
| NTAP Netapp Inc. | Add +3.6% | 0.50% | +0.14 |
| MSA Msa Safety Inc. | Add +616.7% | 0.13% | +0.11 |
| PH Parker Hannifin Corp. | Add +56.0% | 0.31% | +0.11 |
| PPC Pilgrim's Pride Corp. | Add +155.3% | 0.16% | +0.11 |
| AMP Ameriprise Financial Inc. | Add +243.2% | 0.14% | +0.10 |
| SNX TD Synnex Corp. | Add +9.4% | 0.51% | +0.09 |
| FLS Flowserve Corp. | Add +339.2% | 0.11% | +0.08 |
| NTRS Northern Trust Corp. | Add +491.2% | 0.10% | +0.08 |
| LOW Lowe's Cos Inc. | Add +957.7% | 0.09% | +0.08 |
| VMRK Vivmark Residential | Add +1341.0% | 0.08% | +0.07 |
| KLAC KLA Corp. | Add +6.8% | 0.28% | +0.07 |
| TXRH Texas Roadhouse Inc. | Add +3.6% | 0.33% | +0.07 |
| AVA Avista Corp. | Add +489.0% | 0.08% | +0.06 |
| SCHW Schwab (charles) Corp. | New | 0.06% | +0.06 |
| PIPR Piper Sandler Cos | Add +384.8% | 0.06% | +0.05 |
| MTX Minerals Technologies Inc. | Add +206.0% | 0.07% | +0.05 |
| CNC Centene Corp. | Add +21.3% | 0.50% | +0.05 |
| LYB Lyondellbasell Indu Class A | New | 0.05% | +0.05 |
| LECO Lincoln Electric Holdings | Add +1171.7% | 0.05% | +0.05 |
| LPLA LPL Financial Holdings Inc. | New | 0.05% | +0.05 |
| PLXS Plexus Corp. | New | 0.05% | +0.05 |
| SLVM Sylvamo Corp. | Add +665.7% | 0.05% | +0.05 |
| HST Host Hotels & Resorts Inc. | New | 0.04% | +0.04 |
| SANM Sanmina Corp. | Add +98.3% | 0.08% | +0.04 |
| ZM Zoom Communications Inc. | Add +21.2% | 0.27% | +0.04 |
| UHS Universal Health Services-B | Add +504.4% | 0.05% | +0.04 |
| SMAR Smartsheet Inc. Class A | New | 0.04% | +0.04 |
| EHC Encompass Health Corp. | Add +0.6% | 0.33% | +0.04 |
| NTB Bank of N.T. Butterfield&son | New | 0.04% | +0.04 |
| HCA HCA Healthcare Inc. | Add +40.3% | 0.12% | +0.04 |
| MRC MRC Global Inc. | New | 0.04% | +0.04 |
| AVB Avalonbay Communities Inc. | Add +108.9% | 0.06% | +0.04 |
| REYN Reynolds Consumer Products I | Add +489.3% | 0.04% | +0.04 |
| CMI Cummins Inc. | New | 0.03% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 828 | $4.2B | AAPL, GOOGL, AMZN, LLY, NVDA |
| Q1 2026 | 794 | $4.0B | AAPL, JNJ, XOM, GOOGL, MSFT |
| Q4 2025 | 770 | $3.9B | AAPL, GOOGL, MSFT, AMZN, JNJ |
| Q3 2025 | 756 | $4.0B | GOOGL, MSFT, AAPL, AMZN, META |
| Q2 2025 | 779 | $4.1B | MSFT, AMZN, GOOGL, META, BRK.B |
| Q1 2025 | 766 | $3.9B | BRK.B, MSFT, T, AMZN, AAPL |
| Q4 2024 | 756 | $4.1B | GOOGL, AMZN, AAPL, MSFT, BRK.B |
| Q3 2024 | 784 | $4.4B | AAPL, MSFT, GOOGL, BRK.B, LLY |
| Q2 2024 | 781 | $4.6B | GOOGL, MSFT, AAPL, LLY, AMZN |
| Q1 2024 | 800 | $5.0B | MSFT, GOOGL, LLY, BRK.B, MRK |