Minneapolis Portfolio Management Group, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 29, 2024), Minneapolis Portfolio Management Group, LLC reported 28 stock positions worth $771.8 million. Its top holding was Corning (GLW) at 5.4% of the portfolio, followed by Intl Business Machines (IBM, 5.2%) and Simon Property (SPG, 5.2%). Compared with Q2 2024, it opened 1 new position, sold out of 1, added to 2 and reduced 24. The biggest buy was a new position in Match (MTCH) and the biggest sale an exit from Boeing (BA).
- Most Recent 13F
- Q2 2026
- Location
- Wayzata, MN
- CIK
- 0001317253
- Portfolio Value
- $771.8M (Q3 2024)
- SEC Filing
- 0001437749-24-032445 ↗ filed Oct 29, 2024
Holdings Value
Holdings 28 stocks · $771.8M
| GLW Corning Inc. | 5.36% | 915,733 | $41.3M | Reduce -2.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 5.21% | 181,746 | $40.2M | Reduce -2.9% |
| SPG Simon Property Group Inc. | 5.15% | 235,216 | $39.8M | Reduce -2.6% |
| BPOP Popular Inc. | 5.08% | 390,668 | $39.2M | Reduce -3.0% |
| CAT Caterpillar Inc. | 4.86% | 95,888 | $37.5M | Reduce -2.9% |
| ORCL Oracle Corp. | 4.74% | 214,670 | $36.6M | Reduce -2.7% |
| NEM Newmont Corp. | 4.66% | 672,759 | $36.0M | Reduce -2.6% |
| COHR Coherent Corp. | 4.10% | 356,315 | $31.7M | Reduce -2.5% |
| PH Parker Hannifin Corp. | 4.08% | 49,879 | $31.5M | Reduce -2.7% |
| SONY Sony Group Corp. - SP ADR | 4.03% | 322,346 | $31.1M | Reduce -2.0% |
| CSCO Cisco Systems Inc. | 3.99% | 578,132 | $30.8M | Add +23.2% |
| OEC Orion SA | 3.70% | 1,602,541 | $28.5M | Reduce -1.8% |
| CXT Crane NXT Co. | 3.61% | 496,201 | $27.8M | Reduce -2.1% |
| PFE Pfizer Inc. | 3.56% | 950,151 | $27.5M | Add +17.3% |
| GNRC Generac Holdings Inc. | 3.52% | 170,958 | $27.2M | Reduce -2.0% |
| QCOM Qualcomm Inc. | 3.50% | 158,786 | $27.0M | Reduce -3.0% |
| DE Deere & Co. | 3.48% | 64,445 | $26.9M | Reduce -1.7% |
| USB US Bancorp | 3.39% | 571,483 | $26.1M | Reduce -2.0% |
| CP Canadian Pacific Kansas City | 3.34% | 301,284 | $25.8M | Reduce -1.6% |
| TEX Terex Corp. | 3.11% | 453,269 | $24.0M | Reduce -2.9% |
| GM General Motors Co. | 3.09% | 532,155 | $23.9M | Reduce -31.3% |
| BKR Baker Hughes Co. | 2.69% | 575,359 | $20.8M | Reduce -2.0% |
| MTCH Match Group Inc. | 2.60% | 531,110 | $20.1M | New |
| XOM Exxon Mobil Corp. | 2.56% | 168,268 | $19.7M | Reduce -30.2% |
| BWXT BWX Technologies Inc. | 2.46% | 174,386 | $19.0M | Reduce -1.9% |
| KMB Kimberly-Clark Corp. | 2.26% | 122,638 | $17.4M | Reduce -2.1% |
| HPE Hewlett Packard Enterprise | 1.84% | 694,941 | $14.2M | Reduce -1.1% |
| HON Honeywell International Inc. | 0.04% | 1,350 | $279K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| BA The Boeing Co. | Sold out | 0.00% | −3.47 |
| GM General Motors Co. | Reduce -31.3% | 3.09% | −1.78 |
| XOM Exxon Mobil Corp. | Reduce -30.2% | 2.56% | −1.20 |
| OEC Orion SA | Reduce -1.8% | 3.70% | −1.15 |
| QCOM Qualcomm Inc. | Reduce -3.0% | 3.50% | −0.91 |
| CXT Crane NXT Co. | Reduce -2.1% | 3.61% | −0.61 |
| TEX Terex Corp. | Reduce -2.9% | 3.11% | −0.36 |
| HPE Hewlett Packard Enterprise | Reduce -1.1% | 1.84% | −0.17 |
| BKR Baker Hughes Co. | Reduce -2.0% | 2.69% | −0.10 |
| KMB Kimberly-Clark Corp. | Reduce -2.1% | 2.26% | −0.08 |
| CP Canadian Pacific Kansas City | Reduce -1.6% | 3.34% | +0.08 |
| DE Deere & Co. | Reduce -1.7% | 3.48% | +0.17 |
| BWXT BWX Technologies Inc. | Reduce -1.9% | 2.46% | +0.17 |
| SPG Simon Property Group Inc. | Reduce -2.6% | 5.15% | +0.19 |
| SONY Sony Group Corp. - SP ADR | Reduce -2.0% | 4.03% | +0.25 |
| USB US Bancorp | Reduce -2.0% | 3.39% | +0.25 |
| BPOP Popular Inc. | Reduce -3.0% | 5.08% | +0.25 |
| GNRC Generac Holdings Inc. | Reduce -2.0% | 3.52% | +0.40 |
| GLW Corning Inc. | Reduce -2.8% | 5.36% | +0.41 |
| CAT Caterpillar Inc. | Reduce -2.9% | 4.86% | +0.41 |
| COHR Coherent Corp. | Reduce -2.5% | 4.10% | +0.52 |
| ORCL Oracle Corp. | Reduce -2.7% | 4.74% | +0.52 |
| PH Parker Hannifin Corp. | Reduce -2.7% | 4.08% | +0.58 |
| NEM Newmont Corp. | Reduce -2.6% | 4.66% | +0.74 |
| IBM Intl Business Machines Corp. | Reduce -2.9% | 5.21% | +0.82 |
Portfolio Buys Q2 2024 → Q3 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 |