Montgomery Investment Management Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 12, 2024), Montgomery Investment Management Inc. reported 91 stock positions worth $252.7 million. Its top holding was United Rentals (URI) at 9.0% of the portfolio, followed by Vse (VSEC, 7.8%) and Truist Financial (TFC, 5.1%). Compared with Q1 2024, it opened 3 new positions, added to 4 and reduced 12. The biggest buy was Microsoft (MSFT, shares +1%) and the biggest sale United Rentals (URI, shares −0%).

Most Recent 13F
Q2 2026
Location
ROCKVILLE, MD
CIK
0001272544
Portfolio Value
$252.7M (Q2 2024)
SEC Filing
0001272544-24-000004 ↗ filed Jul 12, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $262.0M Q1 2024 Q2 2024: $252.7M $252.7M Q2 2024 Q3 2024: $276.2M Q3 2024 Q4 2024: $254.0M Q4 2024 Q1 2025: $251.3M Q1 2025 Q2 2025: $258.4M Q2 2025 Q3 2025: $284.2M Q3 2025 Q4 2025: $277.9M Q4 2025 Q1 2026: $293.1M Q1 2026 Q2 2026: $329.5M Q2 2026

Holdings 91 stocks · $252.7M
URI United Rentals Inc. 8.99% 35,118 $22.7M Reduce -0.1%
VSEC Vse Corp. 7.81% 223,454 $19.7M Reduce -0.3%
TFC Truist Financial Corp. 5.13% 333,549 $13.0M Reduce -0.3%
NVR NVR Inc. 4.92% 1,640 $12.4M No change
AAPL Apple Inc. 4.46% 53,492 $11.3M Reduce -0.4%
COP Conocophillips 4.32% 95,411 $10.9M No change
LEN Lennar Corp. Class A 4.08% 68,863 $10.3M No change
DE Deere & Co. 4.05% 27,378 $10.2M Reduce -0.0%
FANG Diamondback Energy Inc. 3.51% 44,332 $8.9M No change
LEN.B Lennar Corp. Class B 3.47% 62,927 $8.8M No change
GIS General Mills Inc. 2.90% 115,743 $7.3M No change
CVX Chevron Corp. 2.87% 46,388 $7.3M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 2.61% 38,156 $6.6M No change
MSFT Microsoft Corp. 2.36% 13,365 $6.0M Add +0.6%
FCX Freeport-McMoran Inc. 2.34% 121,570 $5.9M No change
MRK Merck & Co. Inc. 2.27% 46,323 $5.7M No change
PSX Phillips 66 2.26% 40,535 $5.7M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.08% 132,332 $5.3M No change
CAT Caterpillar Inc. 2.04% 15,480 $5.2M No change
LGIH Lgi Homes Inc. 1.88% 53,040 $4.7M Reduce -0.4%
VLO Valero Energy Corp. 1.85% 29,890 $4.7M No change
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 1.72% 58,500 $4.3M Reduce -0.7%
NOW ServiceNow Inc. 1.59% 5,105 $4.0M No change
JNJ Johnson & Johnson 1.08% 18,759 $2.7M No change
NEE Nextera Energy Inc. 0.93% 33,360 $2.4M Reduce -0.3%
IVV iShares Core S&P 500 ETF 0.90% 4,160 $2.3M Add +0.1%
PNC PNC Financial Services Group 0.88% 14,371 $2.2M No change
ABBV Abbvie Inc. 0.88% 13,025 $2.2M Reduce -0.5%
HPQ HP Inc. 0.87% 62,470 $2.2M No change
SU Suncor Energy Inc. 0.87% 57,400 $2.2M No change
SNV Synovus Financial Corp. 0.67% 42,258 $1.7M No change
ABT Abbott Laboratories 0.67% 16,235 $1.7M No change
MCD McDonald's Corp. 0.63% 6,208 $1.6M No change
SGOV iShares 0-3 Month Treasury B 0.62% 15,680 $1.6M Reduce -2.2%
RTX RTX Corp. 0.49% 12,401 $1.2M Reduce -1.6%
MDU Mdu Resources Group Inc. 0.46% 46,578 $1.2M Reduce -1.7%
LH Labcorp Holdings Inc. 0.45% 5,610 $1.1M No change
BHP BHP Group Ltd.-Spon ADR 0.45% 19,800 $1.1M No change
COST Costco Wholesale Corp. 0.43% 1,290 $1.1M No change
CVE Cenovus Energy Inc. 0.43% 55,586 $1.1M Add +0.9%
LOW Lowe's Cos Inc. 0.38% 4,405 $971K No change
KNF Knife River Corp. 0.37% 13,154 $923K No change
ODFL Old Dominion Freight Line 0.35% 4,980 $879K No change
IWM iShares Russell 2000 ETF 0.32% 4,000 $812K No change
WY Weyerhaeuser Co. 0.31% 27,895 $792K No change
WMT Walmart Inc. 0.31% 11,413 $773K No change
HON Honeywell International Inc. 0.29% 3,400 $726K No change
DAL Delta Air Lines Inc. 0.28% 14,785 $701K No change
CCJ Cameco Corp. 0.24% 12,400 $610K Add +1.6%
NVDA Nvidia Corp. 0.23% 4,800 $593K No change
LLY Eli Lilly & Co. 0.23% 650 $588K No change
RYN Rayonier Inc. 0.23% 19,946 $580K No change
DGX Quest Diagnostics Inc. 0.23% 4,230 $579K No change
PFE Pfizer Inc. 0.21% 19,302 $540K No change
A Agilent Technologies Inc. 0.21% 4,149 $538K No change
FDX FedEx Corp. 0.21% 1,755 $526K No change
BTE Baytex Energy Corp. 0.21% 149,492 $519K No change
HPE Hewlett Packard Enterprise 0.20% 24,250 $513K No change
GL Globe Life Inc. 0.20% 6,050 $498K No change
BKR Baker Hughes Co. 0.20% 14,100 $496K No change
ANET Arista Networks Inc. 0.19% 1,400 $491K No change
DRI Darden Restaurants Inc. 0.18% 3,000 $454K No change
SYY Sysco Corp. 0.18% 6,250 $446K No change
AMZN Amazon.com Inc. 0.16% 2,100 $406K No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.15% 4,000 $391K No change
WCC Wesco International Inc. 0.14% 2,257 $358K No change
GE General Electric filed as GE AEROSPACE 0.14% 2,212 $352K No change
ENB Enbridge Inc. 0.14% 9,590 $341K No change
OVV Ovintiv Inc. 0.13% 7,074 $332K No change
MELI MercadoLibre Inc. 0.13% 200 $329K No change
DELL Dell Technologies -C 0.13% 2,368 $327K No change
SHOP Shopify Inc. Class A 0.13% 4,800 $317K No change
UNP Union Pacific Corp. 0.13% 1,400 $317K No change
SBOW Silverbow Resources Inc. 0.12% 7,950 $301K No change
BHRB Burke & Herbert Financial SE 0.12% 5,866 $299K No change
BRK.B Berkshire Hathaway Inc. Class B 0.11% 694 $282K No change
AXP American Express Co. 0.11% 1,175 $272K No change
VWO Vanguard Ftse Emerging Marke 0.11% 6,200 $271K No change
FRT Federal Realty Invs Trust 0.11% 2,630 $266K No change
KEYS Keysight Technologies Inc. 0.10% 1,850 $253K No change
GOOGL Alphabet Inc. Class A 0.09% 1,300 $237K New
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.09% 4,920 $232K No change
CMCSA Comcast Corp. Class A 0.09% 5,900 $231K No change
AVGO Broadcom Inc. 0.09% 138 $222K New
GOOG Alphabet Inc. Class C 0.09% 1,200 $220K New
RF Regions Financial Corp. 0.09% 10,878 $218K No change
TOL Toll Brothers Inc. 0.08% 1,800 $207K No change
CSX CSX Corp. 0.08% 6,000 $201K No change
NOV Nov Inc. 0.08% 10,505 $200K No change
SWN Southwestern Energy Co. 0.05% 20,100 $135K No change
XMVFX BlackRock Munivest Fund 0.03% 12,285 $88K No change

Portfolio Sells Q1 2024 → Q2 2024
URI United Rentals Inc. Reduce -0.1% 8.99% −0.68
LGIH Lgi Homes Inc. Reduce -0.4% 1.88% −0.49
DE Deere & Co. Reduce -0.0% 4.05% −0.25
CF CF Industries Holdings Inc. Reduce -0.7% 1.72% −0.15
ABBV Abbvie Inc. Reduce -0.5% 0.88% −0.03
MDU Mdu Resources Group Inc. Reduce -1.7% 0.46% +0.01
SGOV iShares 0-3 Month Treasury B Reduce -2.2% 0.62% +0.01
RTX RTX Corp. Reduce -1.6% 0.49% +0.02
NEE Nextera Energy Inc. Reduce -0.3% 0.93% +0.12
TFC Truist Financial Corp. Reduce -0.3% 5.13% +0.15
AAPL Apple Inc. Reduce -0.4% 4.46% +0.94
VSEC Vse Corp. Reduce -0.3% 7.81% +0.96

Portfolio Buys Q1 2024 → Q2 2024
MSFT Microsoft Corp. Add +0.6% 2.36% +0.23
GOOGL Alphabet Inc. Class A New 0.09% +0.09
AVGO Broadcom Inc. New 0.09% +0.09
GOOG Alphabet Inc. Class C New 0.09% +0.09
IVV iShares Core S&P 500 ETF Add +0.1% 0.90% +0.07
CCJ Cameco Corp. Add +1.6% 0.24% +0.04
CVE Cenovus Energy Inc. Add +0.9% 0.43% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 108$329.5MURI, VSEC, DE, TFC, CAT
Q1 2026 103$293.1MURI, VSEC, TFC, DE, AAPL
Q4 2025 96$277.9MURI, VSEC, TFC, AAPL, DE
Q3 2025 97$284.2MURI, VSEC, TFC, AAPL, NVR
Q2 2025 95$258.4MURI, VSEC, TFC, DE, IBM
Q1 2025 93$251.3MURI, VSEC, TFC, DE, AAPL
Q4 2024 89$254.0MURI, VSEC, TFC, AAPL, NVR
Q3 2024 91$276.2MURI, VSEC, NVR, TFC, LEN
Q2 2024 91$252.7MURI, VSEC, TFC, NVR, AAPL
Q1 2024 88$262.0MURI, VSEC, NVR, TFC, COP