Minneapolis Portfolio Management Group, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 6, 2024), Minneapolis Portfolio Management Group, LLC reported 27 stock positions worth $731.7 million. Its top holding was Orion (OEC) at 5.3% of the portfolio, followed by Simon Property (SPG, 5.2%) and Caterpillar (CAT, 5.0%). Compared with Q4 2023, it opened 1 new position, sold out of 3, added to 2 and reduced 23. The biggest buy was a new position in Walgreens Boots Alliance (WBA) and the biggest sale an exit from Las Vegas Sands (LVS).
- Most Recent 13F
- Q2 2026
- Location
- Wayzata, MN
- CIK
- 0001317253
- Portfolio Value
- $731.7M (Q1 2024)
- SEC Filing
- 0001437749-24-014812 ↗ filed May 6, 2024
Holdings Value
Holdings 27 stocks · $731.7M
| OEC Orion SA | 5.30% | 1,649,899 | $38.8M | Reduce -6.0% |
| SPG Simon Property Group Inc. | 5.22% | 244,252 | $38.2M | Reduce -6.2% |
| CAT Caterpillar Inc. | 5.01% | 100,085 | $36.7M | Reduce -7.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 4.92% | 188,693 | $36.0M | Reduce -6.3% |
| BPOP Popular Inc. | 4.91% | 407,981 | $35.9M | Reduce -6.9% |
| GM General Motors Co. | 4.85% | 782,164 | $35.5M | Reduce -1.2% |
| CXT Crane NXT Co. | 4.31% | 509,531 | $31.5M | Reduce -5.2% |
| GLW Corning Inc. | 4.23% | 938,596 | $30.9M | Reduce -3.0% |
| TEX Terex Corp. | 4.15% | 471,649 | $30.4M | Reduce -6.3% |
| PH Parker Hannifin Corp. | 3.93% | 51,677 | $28.7M | Reduce -33.8% |
| XOM Exxon Mobil Corp. | 3.85% | 242,027 | $28.1M | Add +0.1% |
| SONY Sony Group Corp. - SP ADR | 3.84% | 328,063 | $28.1M | Reduce -4.6% |
| QCOM Qualcomm Inc. | 3.82% | 165,236 | $28.0M | Reduce -33.1% |
| ORCL Oracle Corp. | 3.82% | 222,520 | $28.0M | Reduce -41.1% |
| CP Canadian Pacific Kansas City | 3.69% | 305,954 | $27.0M | Reduce -4.4% |
| BA The Boeing Co. | 3.68% | 139,434 | $26.9M | Reduce -3.3% |
| DE Deere & Co. | 3.64% | 64,852 | $26.6M | Reduce -1.5% |
| USB US Bancorp | 3.58% | 585,648 | $26.2M | Reduce -5.2% |
| FDX FedEx Corp. | 3.43% | 86,569 | $25.1M | Reduce -3.0% |
| NEM Newmont Corp. | 3.42% | 697,599 | $25.0M | Add +32.2% |
| CSCO Cisco Systems Inc. | 3.19% | 467,268 | $23.3M | Reduce -5.1% |
| GNRC Generac Holdings Inc. | 3.01% | 174,685 | $22.0M | Reduce -2.4% |
| COHR Coherent Corp. | 3.00% | 362,393 | $22.0M | Reduce -30.6% |
| BKR Baker Hughes Co. | 2.68% | 584,913 | $19.6M | Reduce -2.6% |
| UNH Unitedhealth Group Inc. | 2.60% | 38,528 | $19.1M | Reduce -5.3% |
| WBA Walgreens Boots Alliance Inc. | 1.87% | 632,099 | $13.7M | New |
| HON Honeywell International Inc. | 0.04% | 1,350 | $277K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| LVS Las Vegas Sands Corp. | Sold out | 0.00% | −2.02 |
| ORCL Oracle Corp. | Reduce -41.1% | 3.82% | −1.40 |
| BA The Boeing Co. | Reduce -3.3% | 3.68% | −1.25 |
| OEC Orion SA | Reduce -6.0% | 5.30% | −1.08 |
| QCOM Qualcomm Inc. | Reduce -33.1% | 3.82% | −0.86 |
| PH Parker Hannifin Corp. | Reduce -33.8% | 3.93% | −0.79 |
| SONY Sony Group Corp. - SP ADR | Reduce -4.6% | 3.84% | −0.43 |
| UNH Unitedhealth Group Inc. | Reduce -5.3% | 2.60% | −0.20 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.13 |
| CSCO Cisco Systems Inc. | Reduce -5.1% | 3.19% | −0.08 |
| CR Crane Co. | Sold out | 0.00% | −0.05 |
| GNRC Generac Holdings Inc. | Reduce -2.4% | 3.01% | −0.02 |
| BKR Baker Hughes Co. | Reduce -2.6% | 2.68% | −0.01 |
| COHR Coherent Corp. | Reduce -30.6% | 3.00% | +0.02 |
| USB US Bancorp | Reduce -5.2% | 3.58% | +0.07 |
| DE Deere & Co. | Reduce -1.5% | 3.64% | +0.19 |
| BPOP Popular Inc. | Reduce -6.9% | 4.91% | +0.19 |
| CXT Crane NXT Co. | Reduce -5.2% | 4.31% | +0.30 |
| SPG Simon Property Group Inc. | Reduce -6.2% | 5.22% | +0.35 |
| TEX Terex Corp. | Reduce -6.3% | 4.15% | +0.36 |
| GLW Corning Inc. | Reduce -3.0% | 4.23% | +0.36 |
| CP Canadian Pacific Kansas City | Reduce -4.4% | 3.69% | +0.37 |
| FDX FedEx Corp. | Reduce -3.0% | 3.43% | +0.47 |
| IBM Intl Business Machines Corp. | Reduce -6.3% | 4.92% | +0.60 |
| CAT Caterpillar Inc. | Reduce -7.4% | 5.01% | +0.82 |
| GM General Motors Co. | Reduce -1.2% | 4.85% | +1.12 |
Portfolio Buys Q4 2023 → Q1 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 34 | $1.1B | GLW, NEM, BPOP, GNRC, CSCO |
| Q1 2026 | 33 | $941.7M | GLW, COHR, BPOP, LMT, BA |
| Q4 2025 | 31 | $878.1M | GLW, COHR, BA, CAT, BPOP |
| Q3 2025 | 29 | $870.9M | GLW, ORCL, CAT, NEM, BPOP |
| Q2 2025 | 29 | $809.3M | GLW, ORCL, BPOP, SONY, CSCO |
| Q1 2025 | 29 | $720.0M | GLW, SONY, CSCO, BPOP, NEM |
| Q4 2024 | 30 | $758.5M | GLW, BPOP, ORCL, SONY, CSCO |
| Q3 2024 | 28 | $771.8M | GLW, IBM, SPG, BPOP, CAT |
| Q2 2024 | 28 | $738.9M | SPG, GLW, GM, OEC, BPOP |
| Q1 2024 | 27 | $731.7M | OEC, SPG, CAT, IBM, BPOP |