Murphy Pohlad Asset Management LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 23, 2025), Murphy Pohlad Asset Management LLC reported 121 stock positions worth $232.2 million. Its top holding was Travelers Cos (TRV) at 3.9% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 3.6%) and Conocophillips (COP, 2.7%). Compared with Q3 2024, it opened 5 new positions, sold out of 3, added to 21 and reduced 49. The biggest buy was a new position in Estee Lauder Companies Class A (EL) and the biggest sale Huntington Ingalls Industrie (HII, shares −36%).

Most Recent 13F
Q2 2026
Location
EDEN PRAIRIE, MN
CIK
0001569148
Portfolio Value
$232.2M (Q4 2024)
SEC Filing
0001085146-25-000436 ↗ filed Jan 23, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $255.5M Q1 2024 Q2 2024: $231.8M Q2 2024 Q3 2024: $240.5M Q3 2024 Q4 2024: $232.2M $232.2M Q4 2024 Q1 2025: $235.7M Q1 2025 Q2 2025: $236.3M Q2 2025 Q3 2025: $254.9M Q3 2025 Q4 2025: $260.4M Q4 2025 Q1 2026: $279.0M Q1 2026 Q2 2026: $287.1M Q2 2026

Holdings 121 stocks · $232.2M
TRV The Travelers Cos Inc. 3.91% 37,725 $9.1M Add +7.7%
BRK.B Berkshire Hathaway Inc. Class B 3.63% 18,580 $8.4M Reduce -1.1%
COP Conocophillips 2.67% 62,533 $6.2M Add +0.2%
PG The Procter & Gamble Co. 2.46% 34,035 $5.7M No change
MDT Medtronic PLC 2.29% 66,559 $5.3M Reduce -2.5%
MSFT Microsoft Corp. 2.20% 12,115 $5.1M Reduce -4.6%
CMCSA Comcast Corp. Class A 2.05% 126,935 $4.8M Reduce -1.1%
CTVA Corteva Inc. 2.05% 83,442 $4.8M Reduce -0.4%
EMR Emerson Electric Co. 2.04% 38,145 $4.7M Reduce -2.4%
AEM Agnico Eagle Mines Ltd. 1.99% 58,977 $4.6M Reduce -0.4%
UNP Union Pacific Corp. 1.92% 19,558 $4.5M No change
AAPL Apple Inc. 1.81% 16,981 $4.2M Add +0.2%
ALV Autoliv Inc. 1.69% 41,785 $3.9M No change
WTW Willis Towers Watson PLC 1.69% 12,510 $3.9M No change
FLS Flowserve Corp. 1.67% 67,415 $3.9M Reduce -2.2%
TGT Target Corp. 1.67% 28,640 $3.9M No change
CSCO Cisco Systems Inc. 1.64% 64,348 $3.8M Add +11.0%
AIG American International Group 1.64% 52,262 $3.8M No change
GD General Dynamics Corp. 1.64% 14,430 $3.8M No change
KIM Kimco Realty Corp. 1.61% 159,987 $3.7M Reduce -10.1%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 1.59% 96,324 $3.7M Reduce -2.4%
CVX Chevron Corp. 1.59% 25,459 $3.7M Reduce -0.5%
CCJ Cameco Corp. 1.56% 70,480 $3.6M Reduce -2.8%
UPS United Parcel Service Class B 1.49% 27,422 $3.5M Reduce -1.3%
C Citigroup Inc. 1.46% 48,314 $3.4M Reduce -7.3%
VFC VF Corp. 1.46% 158,429 $3.4M Add +15.9%
FHI Federated Hermes Inc. 1.46% 82,346 $3.4M Reduce -3.7%
GOOG Alphabet Inc. Class C 1.44% 17,619 $3.4M Reduce -4.2%
KMB Kimberly-Clark Corp. 1.44% 25,559 $3.3M Add +13.0%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 1.40% 42,205 $3.2M Reduce -2.4%
INTC Intel Corp. 1.36% 157,474 $3.2M Reduce -16.5%
PNC PNC Financial Services Group 1.34% 16,124 $3.1M Reduce -6.4%
DVN Devon Energy Corp. 1.34% 94,972 $3.1M Add +0.5%
PFE Pfizer Inc. 1.32% 115,225 $3.1M Reduce -21.2%
AGI Alamos Gold Inc. Class A 1.26% 159,150 $2.9M Add +6.9%
NOK Nokia Corp.-Spon ADR 1.19% 624,599 $2.8M Reduce -4.5%
PEP Pepsico Inc. 1.18% 17,965 $2.7M Add +1.7%
CMI Cummins Inc. 1.13% 7,515 $2.6M Reduce -2.4%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 1.10% 33,925 $2.5M New
MRK Merck & Co. Inc. 1.08% 25,208 $2.5M No change
NSC Norfolk Southern Corp. 1.08% 10,675 $2.5M No change
NTR Nutrien Ltd. 1.03% 53,634 $2.4M Reduce -12.0%
MAC The Macerich Co. 1.01% 117,460 $2.3M Add +1.7%
APA Apa Corp. 0.98% 98,448 $2.3M Reduce -3.1%
CNH CNH Industrial NV 0.97% 198,490 $2.2M Add +1.4%
JNJ Johnson & Johnson 0.86% 13,794 $2.0M No change
CNX CNX Resources Corp. 0.86% 54,175 $2.0M Reduce -10.2%
UNH Unitedhealth Group Inc. 0.85% 3,918 $2.0M Reduce -2.3%
LOW Lowe's Cos Inc. 0.83% 7,857 $1.9M Reduce -1.2%
ITW Illinois Tool Works 0.83% 7,635 $1.9M No change
GIS General Mills Inc. 0.82% 29,870 $1.9M Reduce -2.5%
EXE Expand Energy Corp. 0.81% 18,810 $1.9M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.78% 16,309 $1.8M No change
CL Colgate-Palmolive Co. 0.76% 19,369 $1.8M No change
SIG Signet Jewelers Ltd. 0.73% 20,877 $1.7M Reduce -26.3%
WMT Walmart Inc. 0.69% 17,685 $1.6M Reduce -2.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.68% 35,877 $1.6M Reduce -8.6%
CLF Cleveland-Cliffs Inc. 0.63% 156,565 $1.5M Add +16.7%
CAH Cardinal Health Inc. 0.60% 11,705 $1.4M No change
WFC Wells Fargo & Co. 0.57% 18,733 $1.3M Reduce -5.1%
MDLZ Mondelez International Inc. Class A 0.51% 19,810 $1.2M No change
INGR Ingredion Inc. 0.51% 8,545 $1.2M Reduce -1.5%
THO Thor Industries Inc. 0.51% 12,252 $1.2M No change
REGN Regeneron Pharmaceuticals 0.49% 1,600 $1.1M No change
HII Huntington Ingalls Industrie 0.46% 5,707 $1.1M Reduce -35.6%
OXY Occidental Petroleum Corp. 0.46% 21,700 $1.1M Add +88.7%
RIO Rio Tinto PLC-Spon ADR 0.44% 17,285 $1.0M Reduce -2.3%
MAA Mid-America Apartment Comm 0.43% 6,515 $1.0M Reduce -1.5%
MRSH Marsh & McLennan Cos 0.43% 4,730 $1.0M No change
KO The Coca-Cola Co. 0.37% 13,871 $864K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.37% 7,088 $856K No change
HD Home Depot Inc. 0.37% 2,198 $855K Reduce -0.5%
UL Unilever PLC 0.36% 14,750 $836K No change
MOS The Mosaic Co. 0.34% 32,575 $801K Add +83.3%
TTC Toro Co. 0.34% 9,759 $782K Reduce -2.5%
DFAC Dimensional US Core Equity 2 0.34% 22,504 $778K No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.33% 12,991 $760K No change
DFAT Dimensional US Target Value 0.32% 13,393 $745K Reduce -10.1%
CBOE Cboe Global Markets Inc. 0.31% 3,715 $726K No change
CHRW C.H. Robinson Worldwide Inc. 0.31% 6,950 $718K No change
BRK.A Berkshire Hathaway Inc. Class A 0.29% 1 $681K No change
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.29% 7,950 $678K Add +4.6%
GOOGL Alphabet Inc. Class A 0.29% 3,523 $667K Reduce -1.8%
LMT Lockheed Martin Corp. 0.28% 1,339 $651K No change
SPG Simon Property Group Inc. 0.26% 3,536 $609K Reduce -12.4%
JPM JPMorgan Chase & Co. 0.25% 2,440 $585K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.25% 3,401 $576K Add +7.8%
WY Weyerhaeuser Co. 0.22% 17,990 $506K No change
TT Trane Technologies PLC 0.21% 1,350 $499K Reduce -45.7%
FCX Freeport-McMoran Inc. 0.21% 12,876 $490K Reduce -41.4%
XOM Exxon Mobil Corp. 0.20% 4,399 $473K No change
TDOC Teladoc Health Inc. 0.20% 50,400 $458K New
VZ Verizon Communications Inc. 0.19% 11,229 $449K Reduce -5.4%
WBA Walgreens Boots Alliance Inc. 0.18% 44,300 $413K New
DEO Diageo PLC-Sponsored ADR 0.18% 3,247 $413K Add +10.0%
RIG Transocean Ltd. 0.17% 106,400 $399K Reduce -0.5%
WINA Winmark Corp. 0.16% 940 $369K Reduce -6.0%
VEU Vanguard Ftse All-World Ex-U 0.16% 6,376 $366K Add +6.4%
BWA Borgwarner Inc. 0.16% 11,480 $365K No change
BAX Baxter International Inc. 0.14% 11,273 $329K Reduce -16.4%

Show all 121 holdings

Portfolio Sells Q3 2024 → Q4 2024
HII Huntington Ingalls Industrie Reduce -35.6% 0.46% −0.51
SIG Signet Jewelers Ltd. Reduce -26.3% 0.73% −0.49
INTC Intel Corp. Reduce -16.5% 1.36% −0.48
PFE Pfizer Inc. Reduce -21.2% 1.32% −0.44
MDT Medtronic PLC Reduce -2.5% 2.29% −0.27
FCX Freeport-McMoran Inc. Reduce -41.4% 0.21% −0.24
TT Trane Technologies PLC Reduce -45.7% 0.21% −0.19
NTR Nutrien Ltd. Reduce -12.0% 1.03% −0.18
CMCSA Comcast Corp. Class A Reduce -1.1% 2.05% −0.18
DOW Dow Inc. Sold out 0.00% −0.18
SLB SLB Ltd. Reduce -2.4% 1.59% −0.13
UNH Unitedhealth Group Inc. Reduce -2.3% 0.85% −0.12
GIS General Mills Inc. Reduce -2.5% 0.82% −0.12
KIM Kimco Realty Corp. Reduce -10.1% 1.61% −0.10
PSX Phillips 66 Sold out 0.00% −0.09
UPS United Parcel Service Class B Reduce -1.3% 1.49% −0.09
RIO Rio Tinto PLC-Spon ADR Reduce -2.3% 0.44% −0.09
MSFT Microsoft Corp. Reduce -4.6% 2.20% −0.07
BAX Baxter International Inc. Reduce -16.4% 0.14% −0.07
WSR Whitestone REIT Sold out 0.00% −0.06
LOW Lowe's Cos Inc. Reduce -1.2% 0.83% −0.06
APA Apa Corp. Reduce -3.1% 0.98% −0.05
AMAT Applied Materials Inc. Reduce -18.9% 0.11% −0.05
WBD Warner Bros Discovery Inc. Reduce -46.4% 0.09% −0.04
VZ Verizon Communications Inc. Reduce -5.4% 0.19% −0.03
TTC Toro Co. Reduce -2.5% 0.34% −0.02
DFAT Dimensional US Target Value Reduce -10.1% 0.32% −0.02
SPG Simon Property Group Inc. Reduce -12.4% 0.26% −0.02
RIG Transocean Ltd. Reduce -0.5% 0.17% −0.02
HD Home Depot Inc. Reduce -0.5% 0.37% −0.00
MAA Mid-America Apartment Comm Reduce -1.5% 0.43% −0.00
CTVA Corteva Inc. Reduce -0.4% 2.05% −0.00
WINA Winmark Corp. Reduce -6.0% 0.16% −0.00
AEM Agnico Eagle Mines Ltd. Reduce -0.4% 1.99% +0.00
NOK Nokia Corp.-Spon ADR Reduce -4.5% 1.19% +0.00
INGR Ingredion Inc. Reduce -1.5% 0.51% +0.01
PNC PNC Financial Services Group Reduce -6.4% 1.34% +0.01
CVX Chevron Corp. Reduce -0.5% 1.59% +0.02
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.1% 3.63% +0.03
BAC Bank of America Corp. Reduce -8.6% 0.68% +0.03
CNX CNX Resources Corp. Reduce -10.2% 0.86% +0.04
GOOGL Alphabet Inc. Class A Reduce -1.8% 0.29% +0.04
WMT Walmart Inc. Reduce -2.2% 0.69% +0.08
CMI Cummins Inc. Reduce -2.4% 1.13% +0.09
WFC Wells Fargo & Co. Reduce -5.1% 0.57% +0.10
BNY Bank of New York Mellon Corp. Reduce -2.4% 1.40% +0.10
C Citigroup Inc. Reduce -7.3% 1.46% +0.11
CCJ Cameco Corp. Reduce -2.8% 1.56% +0.12
FHI Federated Hermes Inc. Reduce -3.7% 1.46% +0.15
GOOG Alphabet Inc. Class C Reduce -4.2% 1.44% +0.17

Portfolio Buys Q3 2024 → Q4 2024
EL Estee Lauder Companies Class A New 1.10% +1.10
TRV The Travelers Cos Inc. Add +7.7% 3.91% +0.50
CSCO Cisco Systems Inc. Add +11.0% 1.64% +0.36
VFC VF Corp. Add +15.9% 1.46% +0.33
OXY Occidental Petroleum Corp. Add +88.7% 0.46% +0.22
TDOC Teladoc Health Inc. New 0.20% +0.20
WBA Walgreens Boots Alliance Inc. New 0.18% +0.18
AAPL Apple Inc. Add +0.2% 1.81% +0.17
MOS The Mosaic Co. Add +83.3% 0.34% +0.15
MAC The Macerich Co. Add +1.7% 1.01% +0.13
KMB Kimberly-Clark Corp. Add +13.0% 1.44% +0.10
VIG Vanguard Dividend Apprec ETF New 0.09% +0.09
EOG EOG Resources Inc. New 0.09% +0.09
CNH CNH Industrial NV Add +1.4% 0.97% +0.06
KOPN Kopin Corp. Add +13.0% 0.09% +0.05
AGI Alamos Gold Inc. Class A Add +6.9% 1.26% +0.03
CF CF Industries Holdings Inc. Add +4.6% 0.29% +0.02
VTV Vanguard Mrngstr Val ETF-Aui Add +7.8% 0.25% +0.02
IAUX I-80 Gold Corp. Add +207.4% 0.03% +0.01
VOE Vngrd Mrngstr MD-Cap Val ETF Add +6.6% 0.10% +0.01
DEO Diageo PLC-Sponsored ADR Add +10.0% 0.18% +0.01
VEU Vanguard Ftse All-World Ex-U Add +6.4% 0.16% +0.00
COP Conocophillips Add +0.2% 2.67% −0.06
PEP Pepsico Inc. Add +1.7% 1.18% −0.07
CLF Cleveland-Cliffs Inc. Add +16.7% 0.63% −0.08
DVN Devon Energy Corp. Add +0.5% 1.34% −0.20

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 135$287.1MTRV, INTC, BRK.B, AEM, COP
Q1 2026 134$279.0MAEM, TRV, COP, BRK.B, AGI
Q4 2025 125$260.4MTRV, BRK.B, AEM, COP, MDT
Q3 2025 126$254.9MAEM, TRV, BRK.B, MDT, COP
Q2 2025 120$236.3MTRV, BRK.B, AEM, CTVA, COP
Q1 2025 121$235.7MTRV, BRK.B, COP, AEM, MDT
Q4 2024 121$232.2MTRV, BRK.B, COP, PG, MDT
Q3 2024 119$240.5MBRK.B, TRV, COP, MDT, PG
Q2 2024 115$231.8MBRK.B, TRV, COP, MSFT, PG
Q1 2024 118$255.5MBRK.B, TRV, COP, INTC, MDT