Martingale Asset Management L P
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Martingale Asset Management L P reported 784 stock positions worth $4.4 billion. Its top holding was Apple (AAPL) at 1.4% of the portfolio, followed by Microsoft (MSFT, 1.3%) and Alphabet Class A (GOOGL, 1.3%). Compared with Q2 2024, it opened 85 new positions, sold out of 82, added to 306 and reduced 332. The biggest buy was JPMorgan Chase (JPM, shares +109%) and the biggest sale Cadence Design SYS (CDNS, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0000936944
- Portfolio Value
- $4.4B (Q3 2024)
- SEC Filing
- 0000936944-24-000007 ↗ filed Nov 14, 2024
Holdings Value
Holdings 784 stocks · $4.4B
| AAPL Apple Inc. | 1.35% | 252,816 | $58.9M | Reduce -15.5% |
| MSFT Microsoft Corp. | 1.30% | 131,388 | $56.5M | Reduce -12.1% |
| GOOGL Alphabet Inc. Class A | 1.30% | 340,450 | $56.5M | Reduce -8.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.25% | 118,642 | $54.6M | Reduce -14.1% |
| LLY Eli Lilly & Co. | 1.15% | 56,730 | $50.3M | Reduce -18.2% |
| JPM JPMorgan Chase & Co. | 1.15% | 237,988 | $50.2M | Add +109.2% |
| UNH Unitedhealth Group Inc. | 1.14% | 85,244 | $49.8M | Reduce -15.4% |
| AMZN Amazon.com Inc. | 1.13% | 263,532 | $49.1M | Reduce -15.3% |
| JNJ Johnson & Johnson | 1.06% | 283,888 | $46.0M | Reduce -13.9% |
| WMT Walmart Inc. | 1.05% | 566,395 | $45.7M | Reduce -19.0% |
| PG The Procter & Gamble Co. | 1.04% | 261,482 | $45.3M | Reduce -18.2% |
| T AT&T Inc. | 0.98% | 1,947,459 | $42.8M | Reduce -12.7% |
| ORCL Oracle Corp. | 0.97% | 247,656 | $42.2M | Reduce -10.0% |
| COST Costco Wholesale Corp. | 0.96% | 47,247 | $41.9M | Reduce -21.7% |
| XOM Exxon Mobil Corp. | 0.96% | 356,692 | $41.8M | Reduce -15.6% |
| AXP American Express Co. | 0.94% | 151,493 | $41.1M | Reduce -14.8% |
| META Meta Platforms Inc. Class A | 0.93% | 71,149 | $40.7M | Reduce -4.4% |
| VZ Verizon Communications Inc. | 0.92% | 894,631 | $40.2M | Reduce -13.7% |
| MRK Merck & Co. Inc. | 0.92% | 352,047 | $40.0M | Reduce -15.6% |
| V Visa Inc. Class A | 0.91% | 144,608 | $39.8M | Reduce -18.2% |
| MA Mastercard Inc. Class A | 0.91% | 80,099 | $39.6M | Reduce -10.4% |
| CSCO Cisco Systems Inc. | 0.87% | 711,641 | $37.9M | Reduce -15.7% |
| PM Philip Morris International | 0.86% | 307,661 | $37.4M | Reduce -14.0% |
| TMUS T-Mobile US Inc. | 0.85% | 180,431 | $37.2M | Reduce -15.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.82% | 161,529 | $35.7M | Reduce -4.5% |
| INTU Intuit Inc. | 0.79% | 55,245 | $34.3M | Reduce -17.7% |
| LMT Lockheed Martin Corp. | 0.78% | 57,935 | $33.9M | Reduce -18.0% |
| KO The Coca-Cola Co. | 0.77% | 469,169 | $33.7M | Reduce -17.7% |
| ABT Abbott Laboratories | 0.76% | 291,419 | $33.2M | Reduce -15.3% |
| MO Altria Group Inc. | 0.74% | 629,484 | $32.1M | Reduce -14.5% |
| PEP Pepsico Inc. | 0.74% | 188,677 | $32.1M | Reduce -14.3% |
| ELV Elevance Health Inc. | 0.73% | 61,477 | $32.0M | Reduce -15.7% |
| WM Waste Management Inc. | 0.72% | 152,067 | $31.6M | Reduce -13.5% |
| ABBV Abbvie Inc. | 0.72% | 159,728 | $31.5M | Reduce -18.3% |
| RSG Republic Services Inc. | 0.72% | 156,992 | $31.5M | Reduce -14.9% |
| EA Electronic Arts Inc. | 0.70% | 213,441 | $30.6M | Reduce -13.7% |
| CI The Cigna Group | 0.69% | 87,064 | $30.2M | Reduce -9.7% |
| KR Kroger Co. | 0.69% | 522,755 | $30.0M | Reduce -9.7% |
| KMB Kimberly-Clark Corp. | 0.66% | 201,604 | $28.7M | Reduce -12.2% |
| ALL Allstate Corp. | 0.66% | 150,777 | $28.6M | Reduce -10.9% |
| CASY Casey's General Stores Inc. | 0.65% | 75,863 | $28.5M | Reduce -17.1% |
| NEM Newmont Corp. | 0.64% | 524,621 | $28.0M | Add +2.7% |
| PGR Progressive Corp. | 0.64% | 109,119 | $27.7M | Add +55.3% |
| INGR Ingredion Inc. | 0.63% | 199,907 | $27.5M | Reduce -14.3% |
| CLH Clean Harbors Inc. | 0.63% | 113,572 | $27.5M | Reduce -16.0% |
| ROP Roper Technologies Inc. | 0.63% | 48,978 | $27.3M | Reduce -14.5% |
| NOW ServiceNow Inc. | 0.62% | 30,275 | $27.1M | Reduce -21.4% |
| ADP Automatic Data Processing | 0.62% | 97,747 | $27.0M | Reduce -12.1% |
| CVX Chevron Corp. | 0.62% | 183,259 | $27.0M | Add +2.8% |
| NOC Northrop Grumman Corp. | 0.61% | 50,612 | $26.7M | Reduce -4.9% |
| CL Colgate-Palmolive Co. | 0.61% | 254,563 | $26.4M | Reduce -28.9% |
| LDOS Leidos Holdings Inc. | 0.60% | 160,840 | $26.2M | Reduce -8.5% |
| EME Emcor Group Inc. | 0.60% | 60,605 | $26.1M | Reduce -14.4% |
| MCK McKesson Corp. | 0.60% | 52,718 | $26.1M | Reduce -14.2% |
| MKL Markel Group Inc. | 0.59% | 16,530 | $25.9M | Reduce -8.9% |
| RGA Reinsurance Group of America | 0.57% | 115,030 | $25.1M | Reduce -9.9% |
| GD General Dynamics Corp. | 0.57% | 82,625 | $25.0M | Reduce -15.0% |
| QCOM Qualcomm Inc. | 0.57% | 146,579 | $24.9M | Reduce -10.5% |
| AMGN Amgen Inc. | 0.57% | 77,351 | $24.9M | Reduce -16.6% |
| CB Chubb Ltd. | 0.57% | 86,221 | $24.9M | Reduce -33.2% |
| HD Home Depot Inc. | 0.57% | 61,327 | $24.8M | Reduce -45.8% |
| VRTX Vertex Pharmaceuticals Inc. | 0.57% | 53,327 | $24.8M | Reduce -14.9% |
| DOX Amdocs Ltd. | 0.56% | 277,813 | $24.3M | Reduce -13.5% |
| HCA HCA Healthcare Inc. | 0.56% | 59,758 | $24.3M | Add +247.8% |
| TXT Textron Inc. | 0.56% | 273,284 | $24.2M | Reduce -11.3% |
| ACN Accenture PLC Class A | 0.55% | 67,866 | $24.0M | Reduce -31.5% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.55% | 330,908 | $23.8M | Reduce -1.1% |
| EG Everest Group Ltd. | 0.54% | 60,247 | $23.6M | Reduce -3.8% |
| TRV The Travelers Cos Inc. | 0.53% | 98,942 | $23.2M | Reduce -18.4% |
| REGN Regeneron Pharmaceuticals | 0.52% | 21,711 | $22.8M | Reduce -17.1% |
| CW Curtiss-Wright Corp. | 0.52% | 69,199 | $22.7M | Reduce -13.1% |
| TTEK Tetra Tech Inc. | 0.51% | 470,761 | $22.2M | Reduce -6.3% |
| ETR Entergy Corp. | 0.50% | 167,030 | $22.0M | Reduce -15.6% |
| FERG Ferguson Enterprises Inc. | 0.50% | 109,915 | $21.8M | Reduce -11.3% |
| ADBE Adobe Inc. | 0.50% | 42,142 | $21.8M | Reduce -20.5% |
| RNR Renaissancere Holdings Ltd. | 0.50% | 79,608 | $21.7M | Reduce -3.7% |
| PEG Public Service Enterprise GP | 0.49% | 240,489 | $21.5M | Reduce -24.1% |
| DTE DTE Energy Company | 0.49% | 166,880 | $21.4M | Reduce -14.8% |
| GILD Gilead Sciences Inc. | 0.49% | 255,510 | $21.4M | Reduce -15.8% |
| ANET Arista Networks Inc. | 0.49% | 55,747 | $21.4M | Reduce -2.5% |
| ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN | 0.48% | 303,094 | $21.1M | Add +45.9% |
| HII Huntington Ingalls Industrie | 0.48% | 79,799 | $21.1M | Reduce -11.9% |
| L Loews Corp. | 0.47% | 261,121 | $20.6M | Reduce -28.6% |
| MRSH Marsh & McLennan Cos | 0.47% | 92,147 | $20.6M | Reduce -14.3% |
| HIG Hartford Insurance Group Inc. | 0.47% | 174,224 | $20.5M | Reduce -13.9% |
| FFIV F5 Inc. | 0.46% | 91,378 | $20.1M | Reduce -9.4% |
| NTAP Netapp Inc. | 0.46% | 162,233 | $20.0M | Reduce -9.4% |
| CBOE Cboe Global Markets Inc. | 0.45% | 96,566 | $19.8M | Reduce -20.6% |
| CACI Caci International Inc. Class A | 0.45% | 38,940 | $19.6M | Reduce -14.4% |
| MUSA Murphy USA Inc. | 0.45% | 39,387 | $19.4M | Reduce -33.2% |
| CHE Chemed Corp. | 0.44% | 31,993 | $19.2M | Reduce -8.8% |
| CRM Salesforce Inc. | 0.44% | 69,950 | $19.1M | Reduce -19.0% |
| EOG EOG Resources Inc. | 0.43% | 153,646 | $18.9M | Reduce -13.8% |
| SNA Snap-on Inc. | 0.41% | 62,122 | $18.0M | Reduce -23.0% |
| CNC Centene Corp. | 0.41% | 236,081 | $17.8M | Reduce -31.6% |
| OGE Oge Energy Corp. | 0.40% | 423,572 | $17.4M | Reduce -18.2% |
| EHC Encompass Health Corp. | 0.39% | 176,109 | $17.0M | Reduce -1.1% |
| ZTS Zoetis Inc. | 0.39% | 86,638 | $16.9M | Reduce -22.7% |
| UHS Universal Health Services-B | 0.38% | 72,858 | $16.7M | Add +494.7% |
| ADSK Autodesk Inc. | 0.37% | 57,811 | $15.9M | Reduce -29.1% |
Portfolio Sells Q2 2024 → Q3 2024
| CDNS Cadence Design SYS Inc. | Reduce -98.3% | 0.01% | −0.74 |
| MCD McDonald's Corp. | Reduce -98.8% | 0.01% | −0.55 |
| SNX TD Synnex Corp. | Reduce -73.0% | 0.15% | −0.36 |
| ICLR Icon PLC | Sold out | 0.00% | −0.36 |
| PCAR Paccar Inc. | Sold out | 0.00% | −0.29 |
| HD Home Depot Inc. | Reduce -45.8% | 0.57% | −0.27 |
| AVGO Broadcom Inc. | Reduce -93.8% | 0.02% | −0.27 |
| DCI Donaldson Co. Inc. | Reduce -73.9% | 0.11% | −0.26 |
| LLY Eli Lilly & Co. | Reduce -18.2% | 1.15% | −0.20 |
| KLAC KLA Corp. | Reduce -72.0% | 0.08% | −0.20 |
| MRK Merck & Co. Inc. | Reduce -15.6% | 0.92% | −0.20 |
| AZO AutoZone Inc. | Reduce -87.3% | 0.03% | −0.20 |
| SAIC Science Applications Inte | Reduce -63.1% | 0.16% | −0.19 |
| MCK McKesson Corp. | Reduce -14.2% | 0.60% | −0.18 |
| AMZN Amazon.com Inc. | Reduce -15.3% | 1.13% | −0.17 |
| MANH Manhattan Associates Inc. | Reduce -74.5% | 0.08% | −0.17 |
| GOOGL Alphabet Inc. Class A | Reduce -8.6% | 1.30% | −0.17 |
| NVDA Nvidia Corp. | Reduce -40.6% | 0.28% | −0.17 |
| DRI Darden Restaurants Inc. | Reduce -82.0% | 0.04% | −0.17 |
| INTU Intuit Inc. | Reduce -17.7% | 0.79% | −0.17 |
| MUSA Murphy USA Inc. | Reduce -33.2% | 0.45% | −0.15 |
| COST Costco Wholesale Corp. | Reduce -21.7% | 0.96% | −0.15 |
| MSFT Microsoft Corp. | Reduce -12.1% | 1.30% | −0.15 |
| CL Colgate-Palmolive Co. | Reduce -28.9% | 0.61% | −0.15 |
| MOH Molina Healthcare Inc. | Reduce -47.3% | 0.26% | −0.14 |
| CB Chubb Ltd. | Reduce -33.2% | 0.57% | −0.14 |
| ADBE Adobe Inc. | Reduce -20.5% | 0.50% | −0.14 |
| QCOM Qualcomm Inc. | Reduce -10.5% | 0.57% | −0.13 |
| ELV Elevance Health Inc. | Reduce -15.7% | 0.73% | −0.12 |
| L Loews Corp. | Reduce -28.6% | 0.47% | −0.12 |
| MSM MSC Industrial Direct Co. Class A | Reduce -67.2% | 0.07% | −0.11 |
| CMCSA Comcast Corp. Class A | Reduce -65.0% | 0.07% | −0.11 |
| SF Stifel Financial Corp. | Reduce -95.1% | 0.01% | −0.11 |
| COP Conocophillips | Reduce -84.0% | 0.02% | −0.10 |
| CASY Casey's General Stores Inc. | Reduce -17.1% | 0.65% | −0.10 |
| PG The Procter & Gamble Co. | Reduce -18.2% | 1.04% | −0.10 |
| ACN Accenture PLC Class A | Reduce -31.5% | 0.55% | −0.10 |
| WIRE Encore Wire Corp. | Sold out | 0.00% | −0.09 |
| XOM Exxon Mobil Corp. | Reduce -15.6% | 0.96% | −0.09 |
| V Visa Inc. Class A | Reduce -18.2% | 0.91% | −0.09 |
| ALE Allete Inc. | Sold out | 0.00% | −0.09 |
| CNC Centene Corp. | Reduce -31.6% | 0.41% | −0.09 |
| WM Waste Management Inc. | Reduce -13.5% | 0.72% | −0.09 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Reduce -70.6% | 0.04% | −0.08 |
| TNK Teekay Tankers Ltd. Class A | Sold out | 0.00% | −0.08 |
| CDW CDW Corp. | Reduce -45.1% | 0.12% | −0.08 |
| AOS Smith (a.o.) Corp. | Reduce -67.5% | 0.05% | −0.08 |
| ROP Roper Technologies Inc. | Reduce -14.5% | 0.63% | −0.07 |
| REGN Regeneron Pharmaceuticals | Reduce -17.1% | 0.52% | −0.07 |
| ADSK Autodesk Inc. | Reduce -29.1% | 0.37% | −0.07 |
Portfolio Buys Q2 2024 → Q3 2024
| JPM JPMorgan Chase & Co. | Add +109.2% | 1.15% | +0.65 |
| HCA HCA Healthcare Inc. | Add +247.8% | 0.56% | +0.44 |
| UHS Universal Health Services-B | Add +494.7% | 0.38% | +0.33 |
| PGR Progressive Corp. | Add +55.3% | 0.64% | +0.32 |
| RTX RTX Corp. | Add +2059.9% | 0.26% | +0.26 |
| AEP American Electric Power | Add +1407.1% | 0.27% | +0.25 |
| ARW Arrow Electronics Inc. | Add +3768.6% | 0.25% | +0.25 |
| ZM Zoom Communications Inc. | Add +45.9% | 0.48% | +0.22 |
| EIX Edison International | New | 0.21% | +0.21 |
| FCN Fti Consulting Inc. | Add +1935.5% | 0.19% | +0.19 |
| NEM Newmont Corp. | Add +2.7% | 0.64% | +0.18 |
| IBKR Interactive Brokers Gro Class A | Add +96.8% | 0.29% | +0.17 |
| BAC Bank of America Corp. | Add +1465.8% | 0.14% | +0.13 |
| BPOP Popular Inc. | Add +72.4% | 0.24% | +0.12 |
| LNG Cheniere Energy Inc. | Add +40.2% | 0.34% | +0.12 |
| AVB Avalonbay Communities Inc. | Add +150.3% | 0.17% | +0.11 |
| TMO Thermo Fisher Scientific Inc. | Add +654.5% | 0.12% | +0.11 |
| PPC Pilgrim's Pride Corp. | Add +23.4% | 0.25% | +0.09 |
| ESS Essex Property Trust Inc. | New | 0.08% | +0.08 |
| MSI Motorola Solutions Inc. | Add +9.9% | 0.30% | +0.08 |
| COKE Coca-Cola Consolidated Inc. | Add +64.9% | 0.14% | +0.08 |
| TNK Teekay Tankers Ltd. Class A | New | 0.08% | +0.08 |
| CDP Copt Defense Properties | New | 0.07% | +0.07 |
| HON Honeywell International Inc. | Add +59.1% | 0.17% | +0.07 |
| CBSH Commerce Bancshares Inc. | Add +194.6% | 0.08% | +0.06 |
| NFLX Netflix Inc. | Add +322.3% | 0.07% | +0.06 |
| MMM 3M Co. | Add +6.2% | 0.16% | +0.05 |
| LYB Lyondellbasell Indu Class A | Add +93.2% | 0.10% | +0.05 |
| TK Teekay Corp. Ltd. | New | 0.05% | +0.05 |
| SLVM Sylvamo Corp. | Add +47.4% | 0.10% | +0.05 |
| G Genpact Ltd. | Add +20.5% | 0.14% | +0.05 |
| PLXS Plexus Corp. | Add +43.8% | 0.09% | +0.05 |
| CAT Caterpillar Inc. | Add +99.6% | 0.08% | +0.05 |
| DRS Leonardo DRS Inc. | New | 0.05% | +0.05 |
| TWLO Twilio Inc. Class A | Add +199.1% | 0.06% | +0.05 |
| NHI Natl Health Investors Inc. | New | 0.04% | +0.04 |
| IIPR Innovative Industrial Proper | Add +62.3% | 0.08% | +0.04 |
| PEGA Pegasystems Inc. | Add +43.0% | 0.09% | +0.04 |
| NVR NVR Inc. | New | 0.04% | +0.04 |
| CPT Camden Property Trust | New | 0.04% | +0.04 |
| CPRX Catalyst Pharmaceuticals Inc. | New | 0.04% | +0.04 |
| FLO Flowers Foods Inc. | New | 0.04% | +0.04 |
| NTCT Netscout Systems Inc. | Add +390.0% | 0.04% | +0.04 |
| ELME Elme Communities | New | 0.04% | +0.04 |
| AWR American States Water Co. | Add +135.7% | 0.05% | +0.04 |
| SSRM SSR Mining Inc. | Add +115.9% | 0.05% | +0.03 |
| IVT Inventrust Properties Corp. | Add +57.2% | 0.07% | +0.03 |
| ALEX Alexander & Baldwin Inc. | Add +76.2% | 0.06% | +0.03 |
| SMAR Smartsheet Inc. Class A | Add +39.0% | 0.07% | +0.03 |
| ZION Zions Bancorp NA | 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 |