Martingale Asset Management L P
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 13, 2026), Martingale Asset Management L P reported 794 stock positions worth $4.0 billion. Its top holding was Apple (AAPL) at 1.4% of the portfolio, followed by Johnson & Johnson (JNJ, 1.2%) and Exxon Mobil (XOM, 1.2%). Compared with Q4 2025, it opened 105 new positions, sold out of 81, added to 339 and reduced 308. The biggest buy was FedEx (FDX, shares +291%) and the biggest sale Salesforce (CRM, shares −36%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0000936944
- Portfolio Value
- $4.0B (Q1 2026)
- SEC Filing
- 0000936944-26-000003 ↗ filed May 13, 2026
Holdings Value
Holdings 794 stocks · $4.0B
| AAPL Apple Inc. | 1.39% | 218,441 | $55.4M | Add +0.6% |
| JNJ Johnson & Johnson | 1.18% | 192,001 | $46.9M | Reduce -15.6% |
| XOM Exxon Mobil Corp. | 1.18% | 276,516 | $46.9M | Reduce -12.3% |
| GOOGL Alphabet Inc. Class A | 1.17% | 161,740 | $46.5M | Reduce -5.0% |
| MSFT Microsoft Corp. | 1.11% | 120,001 | $44.4M | Add +11.0% |
| AMZN Amazon.com Inc. | 1.11% | 212,476 | $44.3M | Reduce -5.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.01% | 83,968 | $40.2M | Add +1.6% |
| WMT Walmart Inc. | 0.98% | 313,795 | $39.0M | Reduce -7.9% |
| CSCO Cisco Systems Inc. | 0.98% | 502,379 | $39.0M | Reduce -8.4% |
| T AT&T Inc. | 0.95% | 1,301,656 | $37.7M | Reduce -11.1% |
| JPM JPMorgan Chase & Co. | 0.93% | 125,982 | $37.1M | Reduce -8.2% |
| LLY Eli Lilly & Co. | 0.93% | 40,286 | $37.1M | Reduce -0.5% |
| COST Costco Wholesale Corp. | 0.90% | 36,143 | $36.0M | Reduce -4.9% |
| ABBV Abbvie Inc. | 0.89% | 163,305 | $35.5M | Add +3.0% |
| MRK Merck & Co. Inc. | 0.89% | 294,925 | $35.5M | Reduce -8.9% |
| CVX Chevron Corp. | 0.87% | 168,279 | $34.8M | Reduce -3.3% |
| META Meta Platforms Inc. Class A | 0.84% | 58,791 | $33.6M | Reduce -7.8% |
| VZ Verizon Communications Inc. | 0.84% | 668,548 | $33.6M | Reduce -3.9% |
| BMY Bristol-Myers Squibb Co. | 0.81% | 534,665 | $32.4M | Reduce -2.2% |
| MO Altria Group Inc. | 0.80% | 483,990 | $31.9M | Reduce -1.2% |
| PG The Procter & Gamble Co. | 0.80% | 219,699 | $31.7M | Reduce -1.1% |
| V Visa Inc. Class A | 0.78% | 103,274 | $31.2M | Reduce -7.5% |
| NVDA Nvidia Corp. | 0.78% | 178,515 | $31.1M | Reduce -9.7% |
| MA Mastercard Inc. Class A | 0.78% | 62,149 | $31.1M | Reduce -2.6% |
| VLO Valero Energy Corp. | 0.77% | 124,043 | $30.6M | Reduce -10.1% |
| LNG Cheniere Energy Inc. | 0.77% | 107,866 | $30.6M | Reduce -2.5% |
| RTX RTX Corp. | 0.72% | 149,244 | $28.8M | Reduce -3.8% |
| LMT Lockheed Martin Corp. | 0.72% | 47,624 | $28.8M | Reduce -8.6% |
| KR Kroger Co. | 0.72% | 397,381 | $28.8M | Reduce -2.1% |
| MPC Marathon Petroleum Corp. | 0.72% | 116,803 | $28.5M | Reduce -6.0% |
| NOC Northrop Grumman Corp. | 0.70% | 40,922 | $27.9M | Reduce -7.5% |
| TRV The Travelers Cos Inc. | 0.70% | 95,596 | $27.9M | Reduce -1.9% |
| PEP Pepsico Inc. | 0.70% | 178,655 | $27.7M | Reduce -0.8% |
| NEM Newmont Corp. | 0.69% | 254,904 | $27.6M | Reduce -21.3% |
| PM Philip Morris International | 0.69% | 166,061 | $27.5M | Reduce -15.8% |
| GD General Dynamics Corp. | 0.68% | 79,484 | $27.3M | Reduce -3.0% |
| HD Home Depot Inc. | 0.68% | 82,831 | $27.2M | Reduce -5.2% |
| AXP American Express Co. | 0.67% | 88,688 | $26.8M | Reduce -4.8% |
| GE General Electric filed as GE AEROSPACE | 0.67% | 93,507 | $26.5M | Reduce -2.7% |
| HIG Hartford Insurance Group Inc. | 0.66% | 195,271 | $26.4M | Reduce -1.7% |
| ALL Allstate Corp. | 0.65% | 124,666 | $25.8M | Reduce -1.8% |
| FDX FedEx Corp. | 0.65% | 72,463 | $25.8M | Add +290.6% |
| ED Consolidated Edison Inc. | 0.64% | 226,665 | $25.7M | Reduce -1.5% |
| MCK McKesson Corp. | 0.64% | 29,445 | $25.5M | Reduce -2.5% |
| MCD McDonald's Corp. | 0.63% | 81,299 | $25.3M | Add +3.4% |
| EXC Exelon Corp. | 0.63% | 512,500 | $25.1M | Reduce -2.1% |
| GILD Gilead Sciences Inc. | 0.63% | 179,462 | $25.0M | Reduce -7.5% |
| AU Anglogold Ashanti PLC | 0.63% | 256,590 | $25.0M | Reduce -20.9% |
| TMUS T-Mobile US Inc. | 0.61% | 116,033 | $24.4M | Add +0.3% |
| DTE DTE Energy Company | 0.61% | 166,160 | $24.3M | Reduce -4.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.58% | 144,973 | $23.2M | Add +3.9% |
| ADBE Adobe Inc. | 0.56% | 92,395 | $22.5M | Add +5.2% |
| CASY Casey's General Stores Inc. | 0.56% | 30,824 | $22.4M | Reduce -8.8% |
| AMGN Amgen Inc. | 0.56% | 63,736 | $22.4M | Add +4.4% |
| KO The Coca-Cola Co. | 0.56% | 294,085 | $22.4M | Add +18.2% |
| AEE Ameren Corporation | 0.56% | 201,901 | $22.2M | Add +34.3% |
| CAH Cardinal Health Inc. | 0.55% | 104,518 | $22.1M | Reduce -1.8% |
| CB Chubb Ltd. | 0.54% | 66,132 | $21.6M | Reduce -7.4% |
| QCOM Qualcomm Inc. | 0.53% | 165,123 | $21.3M | Add +11.6% |
| ETR Entergy Corp. | 0.53% | 186,830 | $21.0M | Reduce -3.8% |
| AEP American Electric Power | 0.52% | 158,645 | $20.8M | Reduce -3.7% |
| MSI Motorola Solutions Inc. | 0.51% | 47,176 | $20.5M | Reduce -6.3% |
| AMP Ameriprise Financial Inc. | 0.51% | 45,914 | $20.4M | Add +0.9% |
| ZM Zoom Communications Inc. | 0.51% | 252,624 | $20.3M | Reduce -2.0% |
| JBHT Hunt (jb) Transprt SVCS Inc. | 0.51% | 95,339 | $20.2M | Add +194.8% |
| WM Waste Management Inc. | 0.50% | 87,570 | $20.1M | Reduce -6.1% |
| VRTX Vertex Pharmaceuticals Inc. | 0.50% | 44,750 | $20.0M | Add +3.5% |
| ABT Abbott Laboratories | 0.50% | 193,705 | $19.9M | Reduce -1.1% |
| PGR Progressive Corp. | 0.50% | 99,939 | $19.8M | Add +2.5% |
| COF Capital One Financial Corp. | 0.47% | 103,596 | $18.9M | Add +7.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.47% | 193,718 | $18.7M | Reduce -5.0% |
| TSN Tyson Foods Inc. Class A | 0.47% | 290,478 | $18.6M | Add +6.6% |
| CL Colgate-Palmolive Co. | 0.45% | 212,681 | $18.1M | Add +0.4% |
| INGR Ingredion Inc. | 0.45% | 159,861 | $18.0M | Reduce -6.3% |
| SCHW Schwab (charles) Corp. | 0.45% | 191,542 | $18.0M | Reduce -29.4% |
| LHX L3HARRIS Technologies Inc. | 0.45% | 51,836 | $17.9M | Reduce -7.3% |
| MLI Mueller Industries Inc. | 0.44% | 157,681 | $17.5M | Add +4.0% |
| L Loews Corp. | 0.44% | 162,599 | $17.4M | Reduce -2.7% |
| ADSK Autodesk Inc. | 0.43% | 72,275 | $17.3M | Add +8.6% |
| AVGO Broadcom Inc. | 0.43% | 54,915 | $17.0M | Reduce -17.4% |
| OGE Oge Energy Corp. | 0.42% | 352,142 | $16.9M | Add +0.9% |
| RSG Republic Services Inc. | 0.42% | 76,047 | $16.7M | Reduce -4.8% |
| EG Everest Group Ltd. | 0.41% | 50,138 | $16.4M | Reduce -12.3% |
| PEG Public Service Enterprise GP | 0.41% | 202,180 | $16.4M | Reduce -3.8% |
| CRUS Cirrus Logic Inc. | 0.41% | 113,072 | $16.4M | Add +194.6% |
| BPOP Popular Inc. | 0.40% | 120,016 | $16.1M | Reduce -4.1% |
| HII Huntington Ingalls Industrie | 0.40% | 42,308 | $16.1M | Reduce -7.6% |
| CRM Salesforce Inc. | 0.40% | 85,775 | $16.0M | Reduce -35.7% |
| TXT Textron Inc. | 0.40% | 182,456 | $16.0M | Reduce -2.5% |
| DLB Dolby Laboratories Inc. Class A | 0.39% | 258,736 | $15.5M | Add +3.2% |
| KMB Kimberly-Clark Corp. | 0.39% | 161,041 | $15.5M | Reduce -7.5% |
| INCY Incyte Corp. | 0.39% | 164,646 | $15.5M | Add +4.5% |
| RNR Renaissancere Holdings Ltd. | 0.39% | 51,649 | $15.4M | Add +10.5% |
| MKL Markel Group Inc. | 0.37% | 7,674 | $14.7M | Reduce -3.5% |
| PSX Phillips 66 | 0.36% | 79,721 | $14.5M | Add +1370.0% |
| FFIV F5 Inc. | 0.36% | 50,172 | $14.5M | Reduce -2.7% |
| DUK Duke Energy Corp. | 0.36% | 110,275 | $14.4M | Reduce -22.1% |
| PH Parker Hannifin Corp. | 0.36% | 16,048 | $14.4M | Reduce -17.7% |
| MUSA Murphy USA Inc. | 0.36% | 28,933 | $14.3M | Add +72.9% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.36% | 120,338 | $14.3M | Reduce -29.8% |
Portfolio Sells Q4 2025 → Q1 2026
| CRM Salesforce Inc. | Reduce -35.7% | 0.40% | −0.50 |
| INTU Intuit Inc. | Reduce -36.7% | 0.32% | −0.46 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.39 |
| ACI Albertsons Cos Inc. Class A | Reduce -96.7% | 0.01% | −0.33 |
| NOW ServiceNow Inc. | Reduce -73.4% | 0.06% | −0.29 |
| ACN Accenture PLC Class A | Reduce -95.2% | 0.01% | −0.29 |
| ROP Roper Technologies Inc. | Reduce -48.9% | 0.18% | −0.28 |
| NFLX Netflix Inc. | Reduce -79.8% | 0.06% | −0.25 |
| SCHW Schwab (charles) Corp. | Reduce -29.4% | 0.45% | −0.24 |
| META Meta Platforms Inc. Class A | Reduce -7.8% | 0.84% | −0.23 |
| HUM Humana Inc. | Reduce -84.3% | 0.03% | −0.22 |
| AMZN Amazon.com Inc. | Reduce -5.9% | 1.11% | −0.22 |
| V Visa Inc. Class A | Reduce -7.5% | 0.78% | −0.21 |
| AXP American Express Co. | Reduce -4.8% | 0.67% | −0.20 |
| ADP Automatic Data Processing | Reduce -45.9% | 0.14% | −0.20 |
| JPM JPMorgan Chase & Co. | Reduce -8.2% | 0.93% | −0.19 |
| NRG NRG Energy Inc. | Reduce -43.7% | 0.20% | −0.19 |
| GOOGL Alphabet Inc. Class A | Reduce -5.0% | 1.17% | −0.19 |
| JHG Janus Henderson Group PLC | Sold out | 0.00% | −0.18 |
| LLY Eli Lilly & Co. | Reduce -0.5% | 0.93% | −0.18 |
| IBM Intl Business Machines Corp. | Reduce -77.7% | 0.04% | −0.17 |
| TDY Teledyne Technologies Inc. | Reduce -62.6% | 0.12% | −0.16 |
| AVGO Broadcom Inc. | Reduce -17.4% | 0.43% | −0.16 |
| NVDA Nvidia Corp. | Reduce -9.7% | 0.78% | −0.16 |
| COP Conocophillips | Reduce -61.8% | 0.18% | −0.16 |
| CMCSA Comcast Corp. Class A | Reduce -45.6% | 0.16% | −0.15 |
| PPL PPL Corp. | Reduce -95.3% | 0.01% | −0.15 |
| BNY Bank of New York Mellon Corp. | Reduce -29.8% | 0.36% | −0.15 |
| MA Mastercard Inc. Class A | Reduce -2.6% | 0.78% | −0.15 |
| EME Emcor Group Inc. | Reduce -48.4% | 0.22% | −0.14 |
| NEM Newmont Corp. | Reduce -21.3% | 0.69% | −0.13 |
| RGLD Royal Gold Inc. | Reduce -85.3% | 0.03% | −0.13 |
| ABT Abbott Laboratories | Reduce -1.1% | 0.50% | −0.13 |
| WDAY Workday Inc. Class A | Reduce -66.3% | 0.03% | −0.12 |
| UHS Universal Health Services-B | Reduce -65.8% | 0.05% | −0.12 |
| DIS The Walt Disney Co. | Reduce -5.0% | 0.47% | −0.12 |
| PM Philip Morris International | Reduce -15.8% | 0.69% | −0.12 |
| DOX Amdocs Ltd. | Reduce -76.3% | 0.03% | −0.12 |
| CSCO Cisco Systems Inc. | Reduce -8.4% | 0.98% | −0.10 |
| ALEX Alexander & Baldwin Inc. | Sold out | 0.00% | −0.10 |
| CTSH Cognizant Tech Solutions-A | Reduce -0.3% | 0.24% | −0.09 |
| GE General Electric | Reduce -2.7% | 0.67% | −0.09 |
| EG Everest Group Ltd. | Reduce -12.3% | 0.41% | −0.08 |
| NWE Northwestern Energy Group Inc. | Sold out | 0.00% | −0.08 |
| HD Home Depot Inc. | Reduce -5.2% | 0.68% | −0.08 |
| AU Anglogold Ashanti PLC | Reduce -20.9% | 0.63% | −0.08 |
| PH Parker Hannifin Corp. | Reduce -17.7% | 0.36% | −0.08 |
| DNOW Dnow Inc. | Reduce -71.5% | 0.02% | −0.07 |
| ZTS Zoetis Inc. | Reduce -26.3% | 0.15% | −0.07 |
| PRIM Primoris Services Corp. | Reduce -70.3% | 0.03% | −0.07 |
Portfolio Buys Q4 2025 → Q1 2026
| FDX FedEx Corp. | Add +290.6% | 0.65% | +0.51 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Add +194.8% | 0.51% | +0.35 |
| PSX Phillips 66 | Add +1370.0% | 0.36% | +0.35 |
| CRUS Cirrus Logic Inc. | Add +194.6% | 0.41% | +0.29 |
| GM General Motors Co. | Add +247.8% | 0.36% | +0.24 |
| JAZZ Jazz Pharmaceuticals PLC | New | 0.22% | +0.22 |
| ROST Ross Stores Inc. | Add +1305.7% | 0.21% | +0.20 |
| MUSA Murphy USA Inc. | Add +72.9% | 0.36% | +0.19 |
| AEE Ameren Corporation | Add +34.3% | 0.56% | +0.17 |
| BIIB Biogen Inc. | New | 0.17% | +0.17 |
| SNX TD Synnex Corp. | New | 0.15% | +0.15 |
| TGT Target Corp. | Add +198.6% | 0.20% | +0.15 |
| ADM Archer-Daniels-Midland Co. | New | 0.14% | +0.14 |
| REGN Regeneron Pharmaceuticals | Add +72.7% | 0.33% | +0.14 |
| VMI Valmont Industries | Add +86.6% | 0.29% | +0.13 |
| CCK Crown Holdings Inc. | Add +112.1% | 0.26% | +0.13 |
| NBIX Neurocrine Biosciences Inc. | Add +2347.7% | 0.14% | +0.13 |
| KO The Coca-Cola Co. | Add +18.2% | 0.56% | +0.12 |
| LEA Lear Corp. | Add +72.5% | 0.26% | +0.12 |
| STT State Street Corp. | New | 0.12% | +0.12 |
| UTHR United Therapeutics Corp. | New | 0.11% | +0.11 |
| M Macy's Inc. | Add +432.9% | 0.14% | +0.11 |
| NTRS Northern Trust Corp. | New | 0.10% | +0.10 |
| DBX Dropbox Inc. Class A | Add +294.5% | 0.15% | +0.10 |
| FE Firstenergy Corp. | Add +99.0% | 0.18% | +0.10 |
| AIR Aar Corp. | Add +324.0% | 0.11% | +0.09 |
| ALSN Allison Transmission Holding | New | 0.09% | +0.09 |
| DINO HF Sinclair Corp. | Add +25.6% | 0.21% | +0.08 |
| ANET Arista Networks Inc. | Add +71.0% | 0.21% | +0.08 |
| SFD Smithfield Foods Inc. | Add +11.1% | 0.27% | +0.07 |
| EIX Edison International | Add +13.2% | 0.26% | +0.07 |
| HST Host Hotels & Resorts Inc. | Add +52.8% | 0.18% | +0.07 |
| ATKR Atkore Inc. | Add +220.7% | 0.10% | +0.07 |
| AIT Applied Industrial Tech Inc. | Add +42.5% | 0.22% | +0.07 |
| SF Stifel Financial Corp. | Add +675.5% | 0.08% | +0.07 |
| PARR Par Pacific Holdings Inc. | Add +45.7% | 0.11% | +0.06 |
| STNG Scorpio Tankers Inc. | Add +60.2% | 0.11% | +0.06 |
| TSN Tyson Foods Inc. Class A | Add +6.6% | 0.47% | +0.06 |
| CSTM Constellium SE | Add +97.4% | 0.10% | +0.06 |
| SHO Sunstone Hotel Investors Inc. | Add +140.2% | 0.10% | +0.06 |
| ESE Esco Technologies Inc. | Add +52.4% | 0.11% | +0.06 |
| CEG Constellation Energy | Add +339.6% | 0.08% | +0.06 |
| LPG Dorian LPG Ltd. | Add +184.8% | 0.08% | +0.06 |
| DHT DHT Holdings Inc. | Add +26.4% | 0.12% | +0.06 |
| UE Urban Edge Properties | New | 0.06% | +0.06 |
| HAFC Hanmi Financial Corporation | New | 0.06% | +0.06 |
| SM SM Energy Co. | New | 0.05% | +0.05 |
| AMGN Amgen Inc. | Add +4.4% | 0.56% | +0.05 |
| BANR Banner Corporation | New | 0.05% | +0.05 |
| ORKA Oruka Therapeutics Inc. | New | 0.05% | +0.05 |
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 |