Murphy Pohlad Asset Management LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 17, 2025), Murphy Pohlad Asset Management LLC reported 121 stock positions worth $235.7 million. Its top holding was Travelers Cos (TRV) at 4.1% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 4.1%) and Conocophillips (COP, 2.8%). Compared with Q4 2024, it opened 6 new positions, sold out of 6, added to 33 and reduced 41. The biggest buy was Alamos Gold Class A (AGI, shares +0%) and the biggest sale an exit from Signet Jewelers (SIG).

Most Recent 13F
Q2 2026
Location
EDEN PRAIRIE, MN
CIK
0001569148
Portfolio Value
$235.7M (Q1 2025)
SEC Filing
0001085146-25-002187 ↗ filed Apr 17, 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 Q4 2024 Q1 2025: $235.7M $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 · $235.7M
TRV The Travelers Cos Inc. 4.13% 36,825 $9.7M Reduce -2.4%
BRK.B Berkshire Hathaway Inc. Class B 4.13% 18,280 $9.7M Reduce -1.6%
COP Conocophillips 2.82% 63,333 $6.7M Add +1.3%
AEM Agnico Eagle Mines Ltd. 2.70% 58,777 $6.4M Reduce -0.3%
MDT Medtronic PLC 2.53% 66,404 $6.0M Reduce -0.2%
PG The Procter & Gamble Co. 2.45% 33,885 $5.8M Reduce -0.4%
CTVA Corteva Inc. 2.22% 83,267 $5.2M Reduce -0.2%
CMCSA Comcast Corp. Class A 2.03% 129,790 $4.8M Add +2.3%
UNP Union Pacific Corp. 1.96% 19,508 $4.6M Reduce -0.3%
AIG American International Group 1.94% 52,487 $4.6M Add +0.4%
MSFT Microsoft Corp. 1.88% 11,795 $4.4M Reduce -2.6%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 1.83% 103,434 $4.3M Add +7.4%
UPS United Parcel Service Class B 1.83% 39,157 $4.3M Add +42.8%
CVX Chevron Corp. 1.82% 25,579 $4.3M Add +0.5%
AGI Alamos Gold Inc. Class A 1.81% 159,650 $4.3M Add +0.3%
WTW Willis Towers Watson PLC 1.77% 12,370 $4.2M Reduce -1.1%
EMR Emerson Electric Co. 1.70% 36,540 $4.0M Reduce -4.2%
CSCO Cisco Systems Inc. 1.66% 63,508 $3.9M Reduce -1.3%
DVN Devon Energy Corp. 1.57% 99,142 $3.7M Add +4.4%
AAPL Apple Inc. 1.57% 16,639 $3.7M Reduce -2.0%
ALV Autoliv Inc. 1.56% 41,685 $3.7M Reduce -0.2%
KMB Kimberly-Clark Corp. 1.54% 25,559 $3.6M No change
GD General Dynamics Corp. 1.52% 13,112 $3.6M Reduce -9.1%
INTC Intel Corp. 1.50% 155,554 $3.5M Reduce -1.2%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 1.46% 40,945 $3.4M Reduce -3.0%
KIM Kimco Realty Corp. 1.44% 159,987 $3.4M No change
NOK Nokia Corp.-Spon ADR 1.39% 623,399 $3.3M Reduce -0.2%
C Citigroup Inc. 1.38% 45,844 $3.3M Reduce -5.1%
FLS Flowserve Corp. 1.35% 65,140 $3.2M Reduce -3.4%
PFE Pfizer Inc. 1.33% 123,965 $3.1M Add +7.6%
PEP Pepsico Inc. 1.29% 20,233 $3.0M Add +12.6%
TGT Target Corp. 1.27% 28,590 $3.0M Reduce -0.2%
NTR Nutrien Ltd. 1.24% 58,799 $2.9M Add +9.6%
CCJ Cameco Corp. 1.23% 70,480 $2.9M No change
FHI Federated Hermes Inc. 1.20% 69,496 $2.8M Reduce -15.6%
PNC PNC Financial Services Group 1.18% 15,824 $2.8M Reduce -1.9%
CNH CNH Industrial NV 1.13% 216,090 $2.7M Add +8.9%
GOOG Alphabet Inc. Class C 1.11% 16,709 $2.6M Reduce -5.2%
NSC Norfolk Southern Corp. 1.07% 10,675 $2.5M No change
VFC VF Corp. 1.04% 158,429 $2.5M No change
CMI Cummins Inc. 1.00% 7,490 $2.3M Reduce -0.3%
JNJ Johnson & Johnson 0.97% 13,794 $2.3M No change
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.97% 34,575 $2.3M Add +1.9%
MRK Merck & Co. Inc. 0.97% 25,408 $2.3M Add +0.8%
EXE Expand Energy Corp. 0.94% 19,885 $2.2M Add +5.7%
MAC The Macerich Co. 0.90% 123,560 $2.1M Add +5.2%
APA Apa Corp. 0.89% 100,148 $2.1M Add +1.7%
ITW Illinois Tool Works 0.83% 7,935 $2.0M Add +3.9%
UNH Unitedhealth Group Inc. 0.81% 3,634 $1.9M Reduce -7.3%
LOW Lowe's Cos Inc. 0.77% 7,807 $1.8M Reduce -0.6%
CL Colgate-Palmolive Co. 0.77% 19,369 $1.8M No change
GIS General Mills Inc. 0.76% 29,782 $1.8M Reduce -0.3%
CNX CNX Resources Corp. 0.72% 54,175 $1.7M No change
CAH Cardinal Health Inc. 0.68% 11,705 $1.6M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.68% 16,309 $1.6M No change
CLF Cleveland-Cliffs Inc. 0.60% 171,440 $1.4M Add +9.5%
WMT Walmart Inc. 0.60% 15,997 $1.4M Reduce -9.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.59% 33,577 $1.4M Reduce -6.4%
MDLZ Mondelez International Inc. Class A 0.57% 19,810 $1.3M No change
CNC Centene Corp. 0.53% 20,650 $1.3M New
WFC Wells Fargo & Co. 0.53% 17,453 $1.3M Reduce -6.8%
MRSH Marsh & McLennan Cos 0.48% 4,645 $1.1M Reduce -1.8%
INGR Ingredion Inc. 0.47% 8,245 $1.1M Reduce -3.5%
OXY Occidental Petroleum Corp. 0.47% 22,500 $1.1M Add +3.7%
MAA Mid-America Apartment Comm 0.45% 6,285 $1.1M Reduce -3.5%
RIO Rio Tinto PLC-Spon ADR 0.43% 17,035 $1.0M Reduce -1.4%
REGN Regeneron Pharmaceuticals 0.43% 1,600 $1.0M No change
KO The Coca-Cola Co. 0.42% 13,871 $993K No change
THO Thor Industries Inc. 0.39% 12,252 $929K No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.39% 12,991 $924K No change
MOS The Mosaic Co. 0.37% 32,675 $883K Add +0.3%
UL Unilever PLC 0.37% 14,750 $878K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.37% 7,088 $863K No change
HD Home Depot Inc. 0.36% 2,298 $842K Add +4.5%
CBOE Cboe Global Markets Inc. 0.36% 3,715 $841K No change
ABBV Abbvie Inc. 0.34% 3,849 $806K Add +143.4%
BRK.A Berkshire Hathaway Inc. Class A 0.34% 1 $798K No change
DFAC Dimensional US Core Equity 2 0.32% 22,504 $742K No change
CHRW C.H. Robinson Worldwide Inc. 0.30% 6,950 $712K No change
DFAT Dimensional US Target Value 0.29% 13,393 $690K No change
JPM JPMorgan Chase & Co. 0.29% 2,800 $687K Add +14.8%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.28% 8,400 $656K Add +5.7%
NVDA Nvidia Corp. 0.28% 5,980 $648K New
VTV Vanguard Mrngstr Val ETF-Aui 0.26% 3,591 $620K Add +5.6%
SPG Simon Property Group Inc. 0.25% 3,536 $587K No change
TTC Toro Co. 0.24% 7,659 $557K Reduce -21.5%
GOOGL Alphabet Inc. Class A 0.23% 3,523 $545K No change
XOM Exxon Mobil Corp. 0.23% 4,537 $540K Add +3.1%
WY Weyerhaeuser Co. 0.22% 17,990 $527K No change
VZ Verizon Communications Inc. 0.22% 11,229 $509K No change
TDOC Teladoc Health Inc. 0.21% 63,000 $501K Add +25.0%
TT Trane Technologies PLC 0.19% 1,350 $455K No change
VEU Vanguard Ftse All-World Ex-U 0.19% 7,341 $445K Add +15.1%
ABT Abbott Laboratories 0.18% 3,229 $428K New
LMT Lockheed Martin Corp. 0.18% 934 $417K Reduce -30.3%
BAX Baxter International Inc. 0.16% 10,898 $373K Reduce -3.3%
DEO Diageo PLC-Sponsored ADR 0.14% 3,247 $340K No change
RIG Transocean Ltd. 0.14% 106,400 $337K No change
BWA Borgwarner Inc. 0.14% 11,480 $329K No change
COST Costco Wholesale Corp. 0.13% 326 $308K No change
WINA Winmark Corp. 0.13% 940 $299K No change
OSUR Orasure Technologies Inc. 0.13% 87,567 $295K Add +9.1%
ENB Enbridge Inc. 0.12% 6,306 $279K No change
URI United Rentals Inc. 0.11% 420 $263K No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.10% 1,541 $248K Add +11.6%
VIG Vanguard Dividend Apprec ETF 0.10% 1,271 $247K Add +18.1%
VUSB Vanguard Ultra Short Bond Et 0.10% 4,855 $242K Reduce -0.2%
VIGI Vanguard Int Div App Indx FD 0.10% 2,786 $231K New
AMAT Applied Materials Inc. 0.09% 1,525 $221K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.09% 392 $219K Reduce -2.5%
EOG EOG Resources Inc. 0.09% 1,695 $217K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.09% 1,101 $205K New
PSX Phillips 66 0.09% 1,650 $204K New
DFUV Dimensional US Marketwide Va 0.09% 4,920 $203K No change
WBA Walgreens Boots Alliance Inc. 0.08% 17,900 $200K Reduce -59.6%
KOPN Kopin Corp. 0.06% 153,200 $143K No change
LPTH Lightpath Technologies Inc. Class A 0.06% 69,100 $139K No change
AHRT Ah Realty Trust Inc. filed as ARMADA HOFFLER PPTYS INC 0.06% 17,695 $133K Reduce -28.2%
IAUX I-80 Gold Corp. 0.05% 186,800 $109K Add +19.1%
AMCR Amcor PLC 0.04% 10,000 $97K No change
ARQ Arq Inc. 0.02% 10,600 $44K No change

Portfolio Sells Q4 2024 → Q1 2025
SIG Signet Jewelers Ltd. Sold out 0.00% −0.73
HII Huntington Ingalls Industrie Sold out 0.00% −0.46
TGT Target Corp. Reduce -0.2% 1.27% −0.40
GOOG Alphabet Inc. Class C Reduce -5.2% 1.11% −0.34
EMR Emerson Electric Co. Reduce -4.2% 1.70% −0.34
MSFT Microsoft Corp. Reduce -2.6% 1.88% −0.32
FLS Flowserve Corp. Reduce -3.4% 1.35% −0.32
FHI Federated Hermes Inc. Reduce -15.6% 1.20% −0.26
AAPL Apple Inc. Reduce -2.0% 1.57% −0.25
FCX Freeport-McMoran Inc. Sold out 0.00% −0.21
PNC PNC Financial Services Group Reduce -1.9% 1.18% −0.16
CMI Cummins Inc. Reduce -0.3% 1.00% −0.13
ALV Autoliv Inc. Reduce -0.2% 1.56% −0.12
GD General Dynamics Corp. Reduce -9.1% 1.52% −0.12
FUL H.B. Fuller Co. Sold out 0.00% −0.11
LMT Lockheed Martin Corp. Reduce -30.3% 0.18% −0.10
TTC Toro Co. Reduce -21.5% 0.24% −0.10
WBA Walgreens Boots Alliance Inc. Reduce -59.6% 0.08% −0.09
WMT Walmart Inc. Reduce -9.5% 0.60% −0.09
WBD Warner Bros Discovery Inc. Sold out 0.00% −0.09
BAC Bank of America Corp. Reduce -6.4% 0.59% −0.08
C Citigroup Inc. Reduce -5.1% 1.38% −0.08
GIS General Mills Inc. Reduce -0.3% 0.76% −0.06
LOW Lowe's Cos Inc. Reduce -0.6% 0.77% −0.06
AHRT Ah Realty Trust Inc. Reduce -28.2% 0.06% −0.05
UNH Unitedhealth Group Inc. Reduce -7.3% 0.81% −0.05
WFC Wells Fargo & Co. Reduce -6.8% 0.53% −0.04
INGR Ingredion Inc. Reduce -3.5% 0.47% −0.03
SPY SS SPDR S&P 500 ETF Trust-US Reduce -2.5% 0.09% −0.01
PG The Procter & Gamble Co. Reduce -0.4% 2.45% −0.01
OMGAQ Omega Therapeutics Inc. Sold out 0.00% −0.01
RIO Rio Tinto PLC-Spon ADR Reduce -1.4% 0.43% −0.00
VUSB Vanguard Ultra Short Bond Et Reduce -0.2% 0.10% −0.00
MAA Mid-America Apartment Comm Reduce -3.5% 0.45% +0.01
BAX Baxter International Inc. Reduce -3.3% 0.16% +0.02
CSCO Cisco Systems Inc. Reduce -1.3% 1.66% +0.02
UNP Union Pacific Corp. Reduce -0.3% 1.96% +0.03
MRSH Marsh & McLennan Cos Reduce -1.8% 0.48% +0.05
BNY Bank of New York Mellon Corp. Reduce -3.0% 1.46% +0.06
WTW Willis Towers Watson PLC Reduce -1.1% 1.77% +0.09
INTC Intel Corp. Reduce -1.2% 1.50% +0.14
CTVA Corteva Inc. Reduce -0.2% 2.22% +0.18
NOK Nokia Corp.-Spon ADR Reduce -0.2% 1.39% +0.20
TRV The Travelers Cos Inc. Reduce -2.4% 4.13% +0.22
MDT Medtronic PLC Reduce -0.2% 2.53% +0.24
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.6% 4.13% +0.50
AEM Agnico Eagle Mines Ltd. Reduce -0.3% 2.70% +0.72

Portfolio Buys Q4 2024 → Q1 2025
AGI Alamos Gold Inc. Class A Add +0.3% 1.81% +0.55
CNC Centene Corp. New 0.53% +0.53
UPS United Parcel Service Class B Add +42.8% 1.83% +0.34
AIG American International Group Add +0.4% 1.94% +0.30
NVDA Nvidia Corp. New 0.28% +0.28
SLB SLB Ltd. Add +7.4% 1.83% +0.24
DVN Devon Energy Corp. Add +4.4% 1.57% +0.23
CVX Chevron Corp. Add +0.5% 1.82% +0.23
ABBV Abbvie Inc. Add +143.4% 0.34% +0.22
NTR Nutrien Ltd. Add +9.6% 1.24% +0.21
ABT Abbott Laboratories New 0.18% +0.18
CNH CNH Industrial NV Add +8.9% 1.13% +0.16
COP Conocophillips Add +1.3% 2.82% +0.15
EXE Expand Energy Corp. Add +5.7% 0.94% +0.13
PEP Pepsico Inc. Add +12.6% 1.29% +0.11
VIGI Vanguard Int Div App Indx FD New 0.10% +0.10
VBR Vngrd Mrngst SL-CP Val ETF-U New 0.09% +0.09
PSX Phillips 66 New 0.09% +0.09
JPM JPMorgan Chase & Co. Add +14.8% 0.29% +0.04
VEU Vanguard Ftse All-World Ex-U Add +15.1% 0.19% +0.03
MOS The Mosaic Co. Add +0.3% 0.37% +0.03
XOM Exxon Mobil Corp. Add +3.1% 0.23% +0.03
PFE Pfizer Inc. Add +7.6% 1.33% +0.02
TDOC Teladoc Health Inc. Add +25.0% 0.21% +0.02
VTV Vanguard Mrngstr Val ETF-Aui Add +5.6% 0.26% +0.02
VIG Vanguard Dividend Apprec ETF Add +18.1% 0.10% +0.01
IAUX I-80 Gold Corp. Add +19.1% 0.05% +0.01
OXY Occidental Petroleum Corp. Add +3.7% 0.47% +0.01
VOE Vngrd Mrngstr MD-Cap Val ETF Add +11.6% 0.10% +0.01
ITW Illinois Tool Works Add +3.9% 0.83% +0.00
OSUR Orasure Technologies Inc. Add +9.1% 0.13% +0.00
HD Home Depot Inc. Add +4.5% 0.36% −0.01
CF CF Industries Holdings Inc. Add +5.7% 0.28% −0.01
CMCSA Comcast Corp. Class A Add +2.3% 2.03% −0.02
CLF Cleveland-Cliffs Inc. Add +9.5% 0.60% −0.04
APA Apa Corp. Add +1.7% 0.89% −0.09
MAC The Macerich Co. Add +5.2% 0.90% −0.11
MRK Merck & Co. Inc. Add +0.8% 0.97% −0.11
EL Estee Lauder Companies Class A Add +1.9% 0.97% −0.13

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