Montgomery Investment Management Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 22, 2026), Montgomery Investment Management Inc. reported 103 stock positions worth $293.1 million. Its top holding was United Rentals (URI) at 8.5% of the portfolio, followed by Vse (VSEC, 7.8%) and Truist Financial (TFC, 5.0%). Compared with Q4 2025, it opened 8 new positions, sold out of 1, added to 37 and reduced 11. The biggest buy was Conocophillips (COP, shares +0%) and the biggest sale an exit from Synovus Financial (SNV).

Most Recent 13F
Q2 2026
Location
ROCKVILLE, MD
CIK
0001272544
Portfolio Value
$293.1M (Q1 2026)
SEC Filing
0001272544-26-000002 ↗ filed Apr 22, 2026

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 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 $293.1M Q1 2026 Q2 2026: $329.5M Q2 2026

Holdings 103 stocks · $293.1M
URI United Rentals Inc. 8.46% 34,030 $24.8M Add +0.3%
VSEC Vse Corp. 7.78% 123,679 $22.8M Reduce -10.7%
TFC Truist Financial Corp. 4.99% 318,131 $14.6M Reduce -0.2%
DE Deere & Co. 4.86% 25,280 $14.2M Add +0.4%
AAPL Apple Inc. 4.25% 49,080 $12.5M Add +0.4%
COP Conocophillips 4.22% 93,719 $12.4M Add +0.5%
CAT Caterpillar Inc. 3.46% 14,327 $10.1M No change
SGOV iShares 0-3 Month Treasury B 3.46% 100,700 $10.1M Add +10.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 3.10% 37,502 $9.1M Add +0.5%
CVX Chevron Corp. 3.05% 43,167 $8.9M Add +0.0%
FANG Diamondback Energy Inc. 3.00% 44,474 $8.8M Add +0.7%
NVR NVR Inc. 2.97% 1,319 $8.7M No change
VLO Valero Energy Corp. 2.52% 29,890 $7.4M Add +1.0%
PSX Phillips 66 2.41% 38,699 $7.1M Reduce -0.5%
FCX Freeport-McMoran Inc. 2.27% 113,360 $6.7M Add +0.7%
CF CF Industries Holdings Inc. 2.15% 48,580 $6.3M Reduce -0.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.05% 122,980 $6.0M Add +0.7%
LEN Lennar Corp. Class A 1.98% 66,788 $5.8M No change
MRK Merck & Co. Inc. 1.80% 43,823 $5.3M No change
MSFT Microsoft Corp. 1.60% 12,676 $4.7M Add +5.2%
LEN.B Lennar Corp. Class B 1.59% 55,317 $4.7M Reduce -2.5%
JNJ Johnson & Johnson 1.51% 18,165 $4.4M Add +0.0%
GIS General Mills Inc. 1.31% 102,843 $3.8M No change
SU Suncor Energy Inc. 1.27% 56,200 $3.7M No change
PNC PNC Financial Services Group 1.02% 14,371 $3.0M No change
IVV iShares Core S&P 500 ETF 0.98% 4,394 $2.9M Reduce -18.4%
ABBV Abbvie Inc. 0.97% 13,045 $2.8M No change
NOW ServiceNow Inc. 0.90% 25,105 $2.6M No change
NEE Nextera Energy Inc. 0.83% 26,110 $2.4M No change
CCJ Cameco Corp. 0.82% 22,252 $2.4M Add +1.8%
RTX RTX Corp. 0.81% 12,301 $2.4M No change
BRK.A Berkshire Hathaway Inc. Class A 0.74% 3 $2.2M No change
PNFP Pinnacle Financial Partners 0.73% 24,918 $2.1M New
MCD McDonald's Corp. 0.65% 6,159 $1.9M No change
CVE Cenovus Energy Inc. 0.53% 58,835 $1.6M Add +4.1%
ABT Abbott Laboratories 0.52% 14,725 $1.5M No change
WMT Walmart Inc. 0.48% 11,413 $1.4M No change
MRP Millrose Properties 0.45% 47,306 $1.3M Reduce -0.3%
LH Labcorp Holdings Inc. 0.44% 4,810 $1.3M No change
COST Costco Wholesale Corp. 0.44% 1,285 $1.3M No change
LGIH Lgi Homes Inc. 0.41% 30,110 $1.2M Reduce -6.7%
ECG Everus Construction Group 0.40% 9,967 $1.2M Reduce -5.2%
BHP BHP Group Ltd.-Spon ADR filed as BHP BILLITON LIMITED 0.40% 16,150 $1.2M No change
NVDA Nvidia Corp. 0.38% 6,370 $1.1M Add +4.1%
HPQ HP Inc. 0.35% 52,970 $1.0M Reduce -11.4%
KNF Knife River Corp. 0.35% 12,404 $1.0M No change
LOW Lowe's Cos Inc. 0.34% 4,234 $1.0M Add +0.0%
IWM iShares Russell 2000 ETF 0.34% 4,000 $992K No change
ODFL Old Dominion Freight Line 0.33% 4,980 $973K No change
DAL Delta Air Lines Inc. 0.32% 14,315 $952K No change
MDU Mdu Resources Group Inc. 0.31% 43,578 $903K No change
BKR Baker Hughes Co. 0.29% 14,100 $861K No change
GL Globe Life Inc. 0.29% 6,050 $842K No change
DGX Quest Diagnostics Inc. 0.28% 4,219 $827K Add +0.0%
EQT Eqt Corp. 0.28% 12,800 $815K Add +6.7%
PHM Pultegroup Inc. 0.25% 6,350 $747K Add +5.8%
GOOGL Alphabet Inc. Class A 0.24% 2,440 $702K Add +19.4%
WY Weyerhaeuser Co. 0.23% 27,367 $669K Add +0.0%
HON Honeywell International Inc. 0.22% 2,900 $655K No change
IESC Ies Holdings Inc. 0.22% 1,370 $653K New
FDX FedEx Corp. 0.22% 1,830 $652K Add +8.9%
AMZN Amazon.com Inc. 0.22% 3,103 $646K Add +19.0%
PR Permian Resources Corp. Class A 0.22% 30,000 $640K Add +11.1%
GE General Electric filed as GE AEROSPACE 0.21% 2,212 $628K No change
BTE Baytex Energy Corp. 0.21% 139,992 $626K Reduce -6.3%
FIX Comfort Systems USA Inc. 0.21% 450 $621K New
WCC Wesco International Inc. 0.21% 2,257 $618K Add +7.1%
ANET Arista Networks Inc. 0.21% 5,000 $614K No change
LLY Eli Lilly & Co. 0.20% 650 $598K No change
DRI Darden Restaurants Inc. 0.20% 3,000 $588K No change
HPE Hewlett Packard Enterprise 0.20% 24,250 $577K No change
SLB SLB Ltd. filed as SLB LIMITED 0.19% 10,940 $562K Add +10.1%
KEYS Keysight Technologies Inc. 0.18% 1,850 $522K No change
PFE Pfizer Inc. 0.17% 17,470 $491K No change
HAL Halliburton Co. 0.17% 12,432 $485K Add +13.0%
OVV Ovintiv Inc. 0.16% 8,074 $479K Add +14.1%
GEV GE Vernova Inc. 0.16% 549 $479K No change
A Agilent Technologies Inc. 0.16% 4,149 $473K No change
ENB Enbridge Inc. 0.16% 8,705 $471K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.16% 716 $466K No change
CRGY Crescent Energy Inc. Class A 0.15% 33,596 $454K Add +17.5%
SYY Sysco Corp. 0.15% 6,230 $444K No change
RYN Rayonier Inc. 0.15% 21,531 $444K Add +0.1%
PLTR Palantir Technologies Inc. Class A 0.15% 3,007 $440K New
AVGO Broadcom Inc. 0.15% 1,391 $430K Add +0.2%
DELL Dell Technologies -C 0.13% 2,397 $393K Add +0.5%
EXE Expand Energy Corp. 0.13% 3,390 $372K Add +15.3%
META Meta Platforms Inc. Class A 0.12% 636 $364K New
SHOP Shopify Inc. Class A 0.12% 3,000 $356K No change
AXP American Express Co. 0.12% 1,175 $355K No change
MELI MercadoLibre Inc. 0.12% 200 $346K No change
GOOG Alphabet Inc. Class C 0.12% 1,204 $345K Add +0.1%
VWO Vanguard Ftse Emerging Marke 0.11% 6,200 $335K No change
BRK.B Berkshire Hathaway Inc. Class B 0.10% 634 $304K No change
PM Philip Morris International 0.10% 1,723 $285K Add +0.9%
NTR Nutrien Ltd. 0.09% 3,550 $268K New
AR Antero Resources Corp. 0.09% 5,900 $250K No change
CSX CSX Corp. 0.08% 6,000 $246K No change
RF Regions Financial Corp. 0.08% 8,893 $232K Add +0.1%
REPX Riley Exploration Permian Inc. 0.08% 6,340 $231K New
TSLA Tesla Inc. 0.08% 620 $230K No change
FRT Federal Realty Invs Trust 0.08% 2,080 $221K New
UNP Union Pacific Corp. 0.07% 900 $218K No change

Portfolio Sells Q4 2025 → Q1 2026
SNV Synovus Financial Corp. Sold out 0.00% −0.84
VSEC Vse Corp. Reduce -10.7% 7.78% −0.83
TFC Truist Financial Corp. Reduce -0.2% 4.99% −0.66
LEN.B Lennar Corp. Class B Reduce -2.5% 1.59% −0.35
IVV iShares Core S&P 500 ETF Reduce -18.4% 0.98% −0.35
HPQ HP Inc. Reduce -11.4% 0.35% −0.13
LGIH Lgi Homes Inc. Reduce -6.7% 0.41% −0.09
MRP Millrose Properties Reduce -0.3% 0.45% −0.06
BTE Baytex Energy Corp. Reduce -6.3% 0.21% +0.04
ECG Everus Construction Group Reduce -5.2% 0.40% +0.08
PSX Phillips 66 Reduce -0.5% 2.41% +0.60
CF CF Industries Holdings Inc. Reduce -0.4% 2.15% +0.79

Portfolio Buys Q4 2025 → Q1 2026
COP Conocophillips Add +0.5% 4.22% +1.08
VLO Valero Energy Corp. Add +1.0% 2.52% +0.79
PNFP Pinnacle Financial Partners New 0.73% +0.73
CVX Chevron Corp. Add +0.0% 3.05% +0.68
DE Deere & Co. Add +0.4% 4.86% +0.64
FANG Diamondback Energy Inc. Add +0.7% 3.00% +0.61
IESC Ies Holdings Inc. New 0.22% +0.22
FCX Freeport-McMoran Inc. Add +0.7% 2.27% +0.22
FIX Comfort Systems USA Inc. New 0.21% +0.21
CVE Cenovus Energy Inc. Add +4.1% 0.53% +0.19
SGOV iShares 0-3 Month Treasury B Add +10.8% 3.46% +0.17
JNJ Johnson & Johnson Add +0.0% 1.51% +0.16
PLTR Palantir Technologies Inc. Class A New 0.15% +0.15
META Meta Platforms Inc. Class A New 0.12% +0.12
CCJ Cameco Corp. Add +1.8% 0.82% +0.11
NTR Nutrien Ltd. New 0.09% +0.09
PR Permian Resources Corp. Class A Add +11.1% 0.22% +0.08
REPX Riley Exploration Permian Inc. New 0.08% +0.08
FRT Federal Realty Invs Trust New 0.08% +0.08
CRGY Crescent Energy Inc. Class A Add +17.5% 0.15% +0.07
OVV Ovintiv Inc. Add +14.1% 0.16% +0.06
SLB SLB Ltd. Add +10.1% 0.19% +0.05
HAL Halliburton Co. Add +13.0% 0.17% +0.05
FDX FedEx Corp. Add +8.9% 0.22% +0.05
EQT Eqt Corp. Add +6.7% 0.28% +0.05
DELL Dell Technologies -C Add +0.5% 0.13% +0.03
WCC Wesco International Inc. Add +7.1% 0.21% +0.03
DGX Quest Diagnostics Inc. Add +0.0% 0.28% +0.02
EXE Expand Energy Corp. Add +15.3% 0.13% +0.01
GOOGL Alphabet Inc. Class A Add +19.4% 0.24% +0.01
AMZN Amazon.com Inc. Add +19.0% 0.22% +0.00
PHM Pultegroup Inc. Add +5.8% 0.25% +0.00
PM Philip Morris International Add +0.9% 0.10% −0.00
WY Weyerhaeuser Co. Add +0.0% 0.23% −0.01
RF Regions Financial Corp. Add +0.1% 0.08% −0.01
RYN Rayonier Inc. Add +0.1% 0.15% −0.02
GOOG Alphabet Inc. Class C Add +0.1% 0.12% −0.02
AVGO Broadcom Inc. Add +0.2% 0.15% −0.03
LOW Lowe's Cos Inc. Add +0.0% 0.34% −0.03
NVDA Nvidia Corp. Add +4.1% 0.38% −0.03
BAC Bank of America Corp. Add +0.7% 2.05% −0.37
MSFT Microsoft Corp. Add +5.2% 1.60% −0.50
AAPL Apple Inc. Add +0.4% 4.25% −0.53
IBM Intl Business Machines Corp. Add +0.5% 3.10% −0.87
URI United Rentals Inc. Add +0.3% 8.46% −1.42

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