Montgomery Investment Management Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 15, 2026), Montgomery Investment Management Inc. reported 108 stock positions worth $329.5 million. Its top holding was United Rentals (URI) at 11.7% of the portfolio, followed by Vse (VSEC, 8.5%) and Deere (DE, 4.9%). Compared with Q1 2026, it opened 4 new positions, added to 19 and reduced 23. The biggest buy was iShares 0-3 Month Treasury B (SGOV, shares +41%) and the biggest sale Conocophillips (COP, shares −1%).

Most Recent 13F
Q2 2026
Location
ROCKVILLE, MD
CIK
0001272544
Portfolio Value
$329.5M (Q2 2026)
SEC Filing
0001272544-26-000003 ↗ filed Jul 15, 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 Q1 2026 Q2 2026: $329.5M $329.5M Q2 2026

Holdings 108 stocks · $329.5M
URI United Rentals Inc. 11.70% 34,030 $38.6M No change
VSEC Vse Corp. 8.47% 122,081 $27.9M Reduce -1.3%
DE Deere & Co. 4.86% 25,240 $16.0M Reduce -0.2%
TFC Truist Financial Corp. 4.79% 317,013 $15.8M Reduce -0.3%
CAT Caterpillar Inc. 4.63% 14,327 $15.3M No change
SGOV iShares 0-3 Month Treasury B 4.32% 141,490 $14.2M Add +40.5%
AAPL Apple Inc. 4.30% 48,980 $14.2M Reduce -0.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 3.18% 37,302 $10.5M Reduce -0.5%
COP Conocophillips 2.94% 93,221 $9.7M Reduce -0.5%
NVR NVR Inc. 2.73% 1,319 $9.0M No change
FANG Diamondback Energy Inc. 2.37% 44,474 $7.8M No change
VLO Valero Energy Corp. 2.36% 29,890 $7.8M No change
CVX Chevron Corp. 2.17% 43,119 $7.1M Reduce -0.1%
FCX Freeport-McMoran Inc. 2.16% 113,360 $7.1M No change
BAC Bank of America Corp. 2.13% 122,983 $7.0M Add +0.0%
PSX Phillips 66 1.96% 38,200 $6.5M Reduce -1.3%
LEN Lennar Corp. Class A 1.78% 64,938 $5.9M Reduce -2.8%
MRK Merck & Co. Inc. 1.69% 43,456 $5.6M Reduce -0.8%
CF CF Industries Holdings Inc. 1.60% 48,580 $5.3M No change
LEN.B Lennar Corp. Class B 1.48% 55,017 $4.9M Reduce -0.5%
MSFT Microsoft Corp. 1.44% 12,677 $4.7M Add +0.0%
JNJ Johnson & Johnson 1.40% 18,166 $4.6M Add +0.0%
GIS General Mills Inc. 1.09% 102,843 $3.6M No change
PNC PNC Financial Services Group 1.07% 14,371 $3.5M No change
IVV iShares Core S&P 500 ETF 1.01% 4,459 $3.3M Add +1.5%
ABBV Abbvie Inc. 1.00% 13,045 $3.3M No change
SU Suncor Energy Inc. 0.92% 56,200 $3.0M No change
PNFP Pinnacle Financial Partners 0.76% 24,918 $2.5M No change
NOW ServiceNow Inc. 0.76% 25,105 $2.5M No change
RTX RTX Corp. 0.70% 12,151 $2.3M Reduce -1.2%
NEE Nextera Energy Inc. 0.70% 26,110 $2.3M No change
CCJ Cameco Corp. 0.69% 22,252 $2.3M No change
BRK.A Berkshire Hathaway Inc. Class A 0.68% 3 $2.2M No change
LGIH Lgi Homes Inc. 0.56% 29,110 $1.9M Reduce -3.3%
MCD McDonald's Corp. 0.51% 6,159 $1.7M No change
ECG Everus Construction Group 0.49% 9,767 $1.6M Reduce -2.0%
CVE Cenovus Energy Inc. 0.47% 62,835 $1.6M Add +6.8%
MRP Millrose Properties 0.43% 47,306 $1.4M No change
BHP BHP Group Ltd.-Spon ADR filed as BHP BILLITON LIMITED 0.41% 16,150 $1.3M No change
DAL Delta Air Lines Inc. 0.41% 14,315 $1.3M No change
LH Labcorp Holdings Inc. 0.40% 4,710 $1.3M Reduce -2.1%
ABT Abbott Laboratories 0.40% 14,475 $1.3M Reduce -1.7%
WMT Walmart Inc. 0.39% 11,413 $1.3M No change
GOOGL Alphabet Inc. Class A 0.38% 3,540 $1.3M Add +45.1%
NVDA Nvidia Corp. 0.37% 6,071 $1.2M Reduce -4.7%
COST Costco Wholesale Corp. 0.36% 1,285 $1.2M No change
IWM iShares Russell 2000 ETF 0.36% 4,000 $1.2M No change
GL Globe Life Inc. 0.33% 6,050 $1.1M No change
ODFL Old Dominion Freight Line 0.33% 4,980 $1.1M No change
DELL Dell Technologies -C 0.31% 2,404 $1.0M Add +0.3%
HPE Hewlett Packard Enterprise 0.31% 22,750 $1.0M Reduce -6.2%
KNF Knife River Corp. 0.31% 12,104 $1.0M Reduce -2.4%
IESC Ies Holdings Inc. 0.31% 1,370 $1.0M No change
HPQ HP Inc. 0.29% 43,970 $965K Reduce -17.0%
LOW Lowe's Cos Inc. 0.28% 4,235 $934K Add +0.0%
MDU Mdu Resources Group Inc. 0.27% 42,378 $899K Reduce -2.8%
DGX Quest Diagnostics Inc. 0.27% 4,220 $895K Add +0.0%
FIX Comfort Systems USA Inc. 0.27% 450 $892K No change
PR Permian Resources Corp. Class A 0.26% 47,400 $873K Add +58.0%
PHM Pultegroup Inc. 0.26% 6,350 $871K No change
ANET Arista Networks Inc. 0.26% 5,000 $849K No change
GE General Electric filed as GE AEROSPACE 0.25% 2,212 $827K No change
BKR Baker Hughes Co. 0.24% 14,100 $783K No change
WCC Wesco International Inc. 0.24% 2,257 $780K No change
LLY Eli Lilly & Co. 0.24% 650 $780K No change
AMZN Amazon.com Inc. 0.22% 3,103 $740K No change
EQT Eqt Corp. 0.21% 12,800 $681K No change
WY Weyerhaeuser Co. 0.20% 27,373 $655K Add +0.0%
KEYS Keysight Technologies Inc. 0.20% 1,850 $648K No change
GEV GE Vernova Inc. 0.20% 549 $645K No change
DRI Darden Restaurants Inc. 0.19% 3,000 $618K No change
FDX FedEx Corp. 0.17% 1,830 $573K No change
A Agilent Technologies Inc. 0.17% 4,149 $551K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.16% 716 $535K No change
AVGO Broadcom Inc. 0.16% 1,393 $526K Add +0.1%
SYY Sysco Corp. 0.16% 6,230 $521K No change
SLB SLB Ltd. filed as SLB LIMITED 0.15% 10,940 $509K No change
ENB Enbridge Inc. 0.14% 8,705 $472K No change
RYN Rayonier Inc. 0.14% 21,548 $459K Add +0.1%
GOOG Alphabet Inc. Class C 0.13% 1,205 $426K Add +0.1%
OVV Ovintiv Inc. 0.13% 8,074 $425K No change
HAL Halliburton Co. 0.13% 12,432 $422K No change
PFE Pfizer Inc. 0.13% 17,470 $421K No change
AXP American Express Co. 0.12% 1,175 $397K No change
REPX Riley Exploration Permian Inc. 0.11% 11,340 $374K Add +78.9%
VWO Vanguard Ftse Emerging Marke 0.11% 6,200 $370K No change
META Meta Platforms Inc. Class A 0.11% 637 $359K Add +0.2%
PLTR Palantir Technologies Inc. Class A 0.11% 3,007 $351K No change
SHOP Shopify Inc. Class A 0.10% 3,000 $343K No change
MELI MercadoLibre Inc. 0.10% 200 $339K No change
HON Honeywell International Inc. 0.10% 1,450 $325K No change
HONA Honeywell Aerospace Inc. 0.10% 1,450 $321K No change
BRK.B Berkshire Hathaway Inc. Class B 0.10% 634 $317K No change
PM Philip Morris International 0.10% 1,739 $315K Add +0.9%
CRGY Crescent Energy Inc. Class A 0.10% 31,965 $314K Reduce -4.8%
EXE Expand Energy Corp. 0.09% 3,390 $309K No change
CSX CSX Corp. 0.09% 6,000 $285K No change
RF Regions Financial Corp. 0.08% 8,899 $269K Add +0.1%
TSLA Tesla Inc. 0.08% 620 $261K No change
FRT Federal Realty Invs Trust 0.08% 2,080 $257K No change
UNP Union Pacific Corp. 0.07% 900 $245K No change
MU Micron Technology Inc. 0.07% 209 $241K New
CRWD CrowdStrike Holdings Inc. Class A 0.07% 315 $240K New
AUB Atlantic Union Bankshares Co. 0.07% 5,473 $232K New
NTR Nutrien Ltd. 0.07% 3,550 $223K No change
COHR Coherent Corp. 0.06% 530 $209K New
AR Antero Resources Corp. 0.06% 5,900 $207K No change
BTE Baytex Energy Corp. 0.04% 32,960 $132K Reduce -76.5%

Portfolio Sells Q1 2026 → Q2 2026
COP Conocophillips Reduce -0.5% 2.94% −1.28
CVX Chevron Corp. Reduce -0.1% 2.17% −0.88
PSX Phillips 66 Reduce -1.3% 1.96% −0.45
TFC Truist Financial Corp. Reduce -0.3% 4.79% −0.20
LEN Lennar Corp. Class A Reduce -2.8% 1.78% −0.20
BTE Baytex Energy Corp. Reduce -76.5% 0.04% −0.17
ABT Abbott Laboratories Reduce -1.7% 0.40% −0.12
RTX RTX Corp. Reduce -1.2% 0.70% −0.11
LEN.B Lennar Corp. Class B Reduce -0.5% 1.48% −0.11
MRK Merck & Co. Inc. Reduce -0.8% 1.69% −0.10
CRGY Crescent Energy Inc. Class A Reduce -4.8% 0.10% −0.06
HPQ HP Inc. Reduce -17.0% 0.29% −0.05
KNF Knife River Corp. Reduce -2.4% 0.31% −0.04
LH Labcorp Holdings Inc. Reduce -2.1% 0.40% −0.04
MDU Mdu Resources Group Inc. Reduce -2.8% 0.27% −0.04
NVDA Nvidia Corp. Reduce -4.7% 0.37% −0.01
DE Deere & Co. Reduce -0.2% 4.86% +0.00
AAPL Apple Inc. Reduce -0.2% 4.30% +0.05
IBM Intl Business Machines Corp. Reduce -0.5% 3.18% +0.08
ECG Everus Construction Group Reduce -2.0% 0.49% +0.09
HPE Hewlett Packard Enterprise Reduce -6.2% 0.31% +0.11
LGIH Lgi Homes Inc. Reduce -3.3% 0.56% +0.16
VSEC Vse Corp. Reduce -1.3% 8.47% +0.68

Portfolio Buys Q1 2026 → Q2 2026
SGOV iShares 0-3 Month Treasury B Add +40.5% 4.32% +0.86
DELL Dell Technologies -C Add +0.3% 0.31% +0.18
GOOGL Alphabet Inc. Class A Add +45.1% 0.38% +0.14
BAC Bank of America Corp. Add +0.0% 2.13% +0.08
MU Micron Technology Inc. New 0.07% +0.07
CRWD CrowdStrike Holdings Inc. Class A New 0.07% +0.07
AUB Atlantic Union Bankshares Co. New 0.07% +0.07
COHR Coherent Corp. New 0.06% +0.06
PR Permian Resources Corp. Class A Add +58.0% 0.26% +0.05
REPX Riley Exploration Permian Inc. Add +78.9% 0.11% +0.03
IVV iShares Core S&P 500 ETF Add +1.5% 1.01% +0.03
AVGO Broadcom Inc. Add +0.1% 0.16% +0.01
GOOG Alphabet Inc. Class C Add +0.1% 0.13% +0.01
RF Regions Financial Corp. Add +0.1% 0.08% +0.00
PM Philip Morris International Add +0.9% 0.10% −0.00
DGX Quest Diagnostics Inc. Add +0.0% 0.27% −0.01
RYN Rayonier Inc. Add +0.1% 0.14% −0.01
META Meta Platforms Inc. Class A Add +0.2% 0.11% −0.02
WY Weyerhaeuser Co. Add +0.0% 0.20% −0.03
LOW Lowe's Cos Inc. Add +0.0% 0.28% −0.06
CVE Cenovus Energy Inc. Add +6.8% 0.47% −0.06
JNJ Johnson & Johnson Add +0.0% 1.40% −0.11
MSFT Microsoft Corp. Add +0.0% 1.44% −0.17

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