Minneapolis Portfolio Management Group, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 29, 2024), Minneapolis Portfolio Management Group, LLC reported 28 stock positions worth $738.9 million. Its top holding was Simon Property (SPG) at 5.0% of the portfolio, followed by Corning (GLW, 5.0%) and General Motors (GM, 4.9%). Compared with Q1 2024, it opened 4 new positions, sold out of 3, added to 8 and reduced 15. The biggest buy was a new position in Pfizer (PFE) and the biggest sale an exit from FedEx (FDX).
- Most Recent 13F
- Q2 2026
- Location
- Wayzata, MN
- CIK
- 0001317253
- Portfolio Value
- $738.9M (Q2 2024)
- SEC Filing
- 0001437749-24-023766 ↗ filed Jul 29, 2024
Holdings Value
Holdings 28 stocks · $738.9M
| SPG Simon Property Group Inc. | 4.96% | 241,557 | $36.7M | Reduce -1.1% |
| GLW Corning Inc. | 4.95% | 941,775 | $36.6M | Add +0.3% |
| GM General Motors Co. | 4.87% | 775,066 | $36.0M | Reduce -0.9% |
| OEC Orion SA | 4.84% | 1,631,129 | $35.8M | Reduce -1.1% |
| BPOP Popular Inc. | 4.82% | 402,815 | $35.6M | Reduce -1.3% |
| CAT Caterpillar Inc. | 4.45% | 98,751 | $32.9M | Reduce -1.3% |
| QCOM Qualcomm Inc. | 4.41% | 163,621 | $32.6M | Reduce -1.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 4.38% | 187,222 | $32.4M | Reduce -0.8% |
| ORCL Oracle Corp. | 4.22% | 220,695 | $31.2M | Reduce -0.8% |
| CXT Crane NXT Co. | 4.21% | 507,059 | $31.1M | Reduce -0.5% |
| NEM Newmont Corp. | 3.91% | 690,914 | $28.9M | Reduce -1.0% |
| SONY Sony Group Corp. - SP ADR | 3.78% | 328,984 | $27.9M | Add +0.3% |
| XOM Exxon Mobil Corp. | 3.76% | 241,035 | $27.7M | Reduce -0.4% |
| COHR Coherent Corp. | 3.59% | 365,625 | $26.5M | Add +0.9% |
| PH Parker Hannifin Corp. | 3.51% | 51,241 | $25.9M | Reduce -0.8% |
| BA The Boeing Co. | 3.47% | 140,932 | $25.7M | Add +1.1% |
| TEX Terex Corp. | 3.46% | 466,745 | $25.6M | Reduce -1.0% |
| DE Deere & Co. | 3.32% | 65,589 | $24.5M | Add +1.1% |
| CP Canadian Pacific Kansas City | 3.26% | 306,216 | $24.1M | Add +0.1% |
| USB US Bancorp | 3.13% | 583,264 | $23.2M | Reduce -0.4% |
| GNRC Generac Holdings Inc. | 3.12% | 174,492 | $23.1M | Reduce -0.1% |
| PFE Pfizer Inc. | 3.07% | 810,053 | $22.7M | New |
| CSCO Cisco Systems Inc. | 3.02% | 469,107 | $22.3M | Add +0.4% |
| BKR Baker Hughes Co. | 2.79% | 587,245 | $20.7M | Add +0.4% |
| KMB Kimberly-Clark Corp. | 2.34% | 125,280 | $17.3M | New |
| BWXT BWX Technologies Inc. | 2.29% | 177,813 | $16.9M | New |
| HPE Hewlett Packard Enterprise | 2.01% | 702,608 | $14.9M | New |
| HON Honeywell International Inc. | 0.04% | 1,350 | $288K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| FDX FedEx Corp. | Sold out | 0.00% | −3.43 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −2.60 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −1.87 |
| TEX Terex Corp. | Reduce -1.0% | 3.46% | −0.69 |
| CAT Caterpillar Inc. | Reduce -1.3% | 4.45% | −0.56 |
| IBM Intl Business Machines Corp. | Reduce -0.8% | 4.38% | −0.54 |
| OEC Orion SA | Reduce -1.1% | 4.84% | −0.46 |
| USB US Bancorp | Reduce -0.4% | 3.13% | −0.44 |
| PH Parker Hannifin Corp. | Reduce -0.8% | 3.51% | −0.42 |
| SPG Simon Property Group Inc. | Reduce -1.1% | 4.96% | −0.26 |
| CXT Crane NXT Co. | Reduce -0.5% | 4.21% | −0.10 |
| BPOP Popular Inc. | Reduce -1.3% | 4.82% | −0.09 |
| XOM Exxon Mobil Corp. | Reduce -0.4% | 3.76% | −0.09 |
| GM General Motors Co. | Reduce -0.9% | 4.87% | +0.03 |
| GNRC Generac Holdings Inc. | Reduce -0.1% | 3.12% | +0.11 |
| ORCL Oracle Corp. | Reduce -0.8% | 4.22% | +0.40 |
| NEM Newmont Corp. | Reduce -1.0% | 3.91% | +0.50 |
| QCOM Qualcomm Inc. | Reduce -1.0% | 4.41% | +0.59 |
Portfolio Buys Q1 2024 → Q2 2024
| PFE Pfizer Inc. | New | 3.07% | +3.07 |
| KMB Kimberly-Clark Corp. | New | 2.34% | +2.34 |
| BWXT BWX Technologies Inc. | New | 2.29% | +2.29 |
| HPE Hewlett Packard Enterprise | New | 2.01% | +2.01 |
| GLW Corning Inc. | Add +0.3% | 4.95% | +0.72 |
| COHR Coherent Corp. | Add +0.9% | 3.59% | +0.58 |
| BKR Baker Hughes Co. | Add +0.4% | 2.79% | +0.12 |
| SONY Sony Group Corp. - SP ADR | Add +0.3% | 3.78% | −0.06 |
| CSCO Cisco Systems Inc. | Add +0.4% | 3.02% | −0.17 |
| BA The Boeing Co. | Add +1.1% | 3.47% | −0.21 |
| DE Deere & Co. | Add +1.1% | 3.32% | −0.32 |
| CP Canadian Pacific Kansas City | Add +0.1% | 3.26% | −0.42 |
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 |