Montgomery Investment Management Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 24, 2024), Montgomery Investment Management Inc. reported 91 stock positions worth $276.2 million. Its top holding was United Rentals (URI) at 10.3% of the portfolio, followed by Vse (VSEC, 6.7%) and NVR (NVR, 5.8%). Compared with Q2 2024, it opened 2 new positions, sold out of 2, added to 4 and reduced 10. The biggest buy was a new position in CrowdStrike Class A (CRWD) and the biggest sale Chevron (CVX, shares −0%).

Most Recent 13F
Q2 2026
Location
ROCKVILLE, MD
CIK
0001272544
Portfolio Value
$276.2M (Q3 2024)
SEC Filing
0001272544-24-000007 ↗ filed Oct 24, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $262.0M Q1 2024 Q2 2024: $252.7M Q2 2024 Q3 2024: $276.2M $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 · $276.2M
URI United Rentals Inc. 10.28% 35,081 $28.4M Reduce -0.1%
VSEC Vse Corp. 6.69% 223,454 $18.5M No change
NVR NVR Inc. 5.83% 1,640 $16.1M No change
TFC Truist Financial Corp. 5.16% 333,549 $14.3M No change
LEN Lennar Corp. Class A 4.67% 68,863 $12.9M No change
AAPL Apple Inc. 4.51% 53,455 $12.5M Reduce -0.1%
DE Deere & Co. 4.14% 27,378 $11.4M No change
LEN.B Lennar Corp. Class B 3.91% 62,518 $10.8M Reduce -0.7%
COP Conocophillips 3.64% 95,411 $10.0M No change
GIS General Mills Inc. 3.07% 114,743 $8.5M Reduce -0.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 3.05% 38,156 $8.4M No change
FANG Diamondback Energy Inc. 2.77% 44,332 $7.6M No change
CVX Chevron Corp. 2.47% 46,373 $6.8M Reduce -0.0%
LGIH Lgi Homes Inc. 2.28% 53,040 $6.3M No change
FCX Freeport-McMoran Inc. 2.20% 121,570 $6.1M No change
CAT Caterpillar Inc. 2.19% 15,480 $6.1M No change
MSFT Microsoft Corp. 2.10% 13,455 $5.8M Add +0.7%
PSX Phillips 66 1.93% 40,535 $5.3M No change
MRK Merck & Co. Inc. 1.90% 46,323 $5.3M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.90% 132,332 $5.3M No change
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 1.82% 58,440 $5.0M Reduce -0.1%
NOW ServiceNow Inc. 1.65% 5,105 $4.6M No change
VLO Valero Energy Corp. 1.46% 29,890 $4.0M No change
JNJ Johnson & Johnson 1.10% 18,759 $3.0M No change
NEE Nextera Energy Inc. 1.02% 33,260 $2.8M Reduce -0.3%
PNC PNC Financial Services Group 0.96% 14,371 $2.7M No change
ABBV Abbvie Inc. 0.93% 13,025 $2.6M No change
IVV iShares Core S&P 500 ETF 0.87% 4,167 $2.4M Add +0.2%
HPQ HP Inc. 0.81% 62,470 $2.2M No change
SU Suncor Energy Inc. 0.77% 57,400 $2.1M No change
SNV Synovus Financial Corp. 0.68% 42,258 $1.9M No change
MCD McDonald's Corp. 0.68% 6,158 $1.9M Reduce -0.8%
ABT Abbott Laboratories 0.67% 16,235 $1.9M No change
SGOV iShares 0-3 Month Treasury B 0.57% 15,600 $1.6M Reduce -0.5%
RTX RTX Corp. 0.54% 12,401 $1.5M No change
MDU Mdu Resources Group Inc. 0.46% 46,578 $1.3M No change
LH Labcorp Holdings Inc. 0.45% 5,610 $1.3M No change
BHP BHP Group Ltd.-Spon ADR 0.45% 19,800 $1.2M No change
LOW Lowe's Cos Inc. 0.43% 4,405 $1.2M No change
KNF Knife River Corp. 0.43% 13,154 $1.2M No change
COST Costco Wholesale Corp. 0.41% 1,290 $1.1M No change
ODFL Old Dominion Freight Line 0.36% 4,980 $989K No change
WY Weyerhaeuser Co. 0.34% 27,895 $945K No change
CVE Cenovus Energy Inc. 0.34% 55,641 $931K Add +0.1%
WMT Walmart Inc. 0.33% 11,413 $922K No change
IWM iShares Russell 2000 ETF 0.32% 4,000 $884K No change
DAL Delta Air Lines Inc. 0.27% 14,785 $751K No change
HON Honeywell International Inc. 0.25% 3,400 $703K No change
DGX Quest Diagnostics Inc. 0.24% 4,230 $657K No change
RYN Rayonier Inc. 0.23% 19,946 $642K No change
GL Globe Life Inc. 0.23% 6,050 $641K No change
A Agilent Technologies Inc. 0.22% 4,149 $616K No change
CCJ Cameco Corp. 0.21% 12,425 $593K Add +0.2%
NVDA Nvidia Corp. 0.21% 4,800 $583K No change
LLY Eli Lilly & Co. 0.21% 650 $576K No change
PFE Pfizer Inc. 0.20% 19,302 $559K No change
ANET Arista Networks Inc. 0.19% 1,400 $537K No change
BKR Baker Hughes Co. 0.18% 14,100 $510K No change
HPE Hewlett Packard Enterprise 0.18% 24,250 $496K No change
DRI Darden Restaurants Inc. 0.18% 3,000 $492K No change
SYY Sysco Corp. 0.18% 6,250 $488K No change
FDX FedEx Corp. 0.17% 1,755 $480K No change
BTE Baytex Energy Corp. 0.16% 149,492 $444K No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.16% 4,000 $439K No change
GE General Electric filed as GE AEROSPACE 0.15% 2,212 $417K No change
MELI MercadoLibre Inc. 0.15% 200 $410K No change
AMZN Amazon.com Inc. 0.14% 2,100 $391K No change
ENB Enbridge Inc. 0.14% 9,590 $389K No change
SHOP Shopify Inc. Class A 0.14% 4,800 $385K No change
WCC Wesco International Inc. 0.14% 2,257 $379K No change
UNP Union Pacific Corp. 0.12% 1,400 $345K No change
BRK.B Berkshire Hathaway Inc. Class B 0.12% 694 $319K No change
AXP American Express Co. 0.12% 1,175 $319K No change
CRWD CrowdStrike Holdings Inc. Class A 0.11% 1,125 $316K New
FRT Federal Realty Invs Trust 0.11% 2,630 $302K No change
VWO Vanguard Ftse Emerging Marke 0.11% 6,200 $297K No change
KEYS Keysight Technologies Inc. 0.11% 1,850 $294K No change
DELL Dell Technologies -C 0.10% 2,368 $281K No change
TOL Toll Brothers Inc. 0.10% 1,800 $278K No change
CRGY Crescent Energy Inc. Class A 0.10% 24,843 $272K New
OVV Ovintiv Inc. 0.10% 7,074 $271K No change
RF Regions Financial Corp. 0.09% 10,878 $254K No change
CMCSA Comcast Corp. Class A 0.09% 5,900 $246K No change
AVGO Broadcom Inc. 0.09% 1,380 $238K No change
GOOGL Alphabet Inc. Class A 0.08% 1,300 $216K No change
CSX CSX Corp. 0.07% 6,000 $207K No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.07% 4,920 $206K No change
GOOG Alphabet Inc. Class C 0.07% 1,200 $201K No change
NOV Nov Inc. 0.06% 10,505 $168K No change
SWN Southwestern Energy Co. 0.05% 20,100 $143K No change
XMVFX BlackRock Munivest Fund 0.03% 11,549 $88K Reduce -6.0%

Portfolio Sells Q2 2024 → Q3 2024
CVX Chevron Corp. Reduce -0.0% 2.47% −0.40
SBOW Silverbow Resources Inc. Sold out 0.00% −0.12
BHRB Burke & Herbert Financial SE Sold out 0.00% −0.12
SGOV iShares 0-3 Month Treasury B Reduce -0.5% 0.57% −0.06
XMVFX BlackRock Munivest Fund Reduce -6.0% 0.03% −0.00
AAPL Apple Inc. Reduce -0.1% 4.51% +0.05
MCD McDonald's Corp. Reduce -0.8% 0.68% +0.05
NEE Nextera Energy Inc. Reduce -0.3% 1.02% +0.08
CF CF Industries Holdings Inc. Reduce -0.1% 1.82% +0.10
GIS General Mills Inc. Reduce -0.9% 3.07% +0.17
LEN.B Lennar Corp. Class B Reduce -0.7% 3.91% +0.44
URI United Rentals Inc. Reduce -0.1% 10.28% +1.30

Portfolio Buys Q2 2024 → Q3 2024
CRWD CrowdStrike Holdings Inc. Class A New 0.11% +0.11
CRGY Crescent Energy Inc. Class A New 0.10% +0.10
CCJ Cameco Corp. Add +0.2% 0.21% −0.03
IVV iShares Core S&P 500 ETF Add +0.2% 0.87% −0.03
CVE Cenovus Energy Inc. Add +0.1% 0.34% −0.10
MSFT Microsoft Corp. Add +0.7% 2.10% −0.27

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