RNC Capital Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed August 7, 2024), RNC Capital Management LLC reported 148 stock positions worth $1.8 billion. Its top holding was JPMorgan Chase (JPM) at 4.0% of the portfolio, followed by Broadcom (AVGO, 3.8%) and Abbvie (ABBV, 3.5%). Compared with Q4 2023, it opened 4 new positions, sold out of 2, added to 41 and reduced 95. The biggest buy was Air Products & Chemicals (APD, shares +2529%) and the biggest sale Intl Business Machines (IBM, shares −36%).
- Most Recent 13F
- Q2 2026
- Location
- LOS ANGELES, CA
- CIK
- 0000051762
- Portfolio Value
- $1.8B (Q1 2024)
- SEC Filing
- 0000051762-24-000005 ↗ filed Aug 7, 2024
Holdings Value
Holdings 148 stocks · $1.8B
| JPM JPMorgan Chase & Co. | 3.97% | 348,478 | $69.8M | Reduce -12.7% |
| AVGO Broadcom Inc. | 3.84% | 50,938 | $67.5M | Reduce -6.5% |
| ABBV Abbvie Inc. | 3.55% | 342,207 | $62.3M | Reduce -11.1% |
| PSX Phillips 66 | 3.12% | 335,778 | $54.8M | Reduce -7.4% |
| ENB Enbridge Inc. | 3.07% | 1,491,405 | $54.0M | Add +7.3% |
| CVX Chevron Corp. | 3.05% | 339,172 | $53.5M | Reduce -5.5% |
| CMCSA Comcast Corp. Class A | 3.03% | 1,228,868 | $53.3M | Reduce -7.5% |
| EMR Emerson Electric Co. | 3.00% | 464,611 | $52.7M | Reduce -6.3% |
| T AT&T Inc. | 2.90% | 2,890,647 | $50.9M | Add +22.5% |
| BLK BlackRock Finance Inc. | 2.87% | 60,407 | $50.4M | Reduce -8.9% |
| CVS CVS Health Corp. | 2.82% | 621,253 | $49.6M | Reduce -4.8% |
| UPS United Parcel Service Class B | 2.71% | 320,022 | $47.6M | Add +0.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.65% | 243,395 | $46.5M | Reduce -36.0% |
| GILD Gilead Sciences Inc. | 2.61% | 626,721 | $45.9M | Reduce -7.6% |
| CSCO Cisco Systems Inc. | 2.61% | 916,634 | $45.7M | Reduce -8.1% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 2.60% | 314,375 | $45.7M | Reduce -7.9% |
| HD Home Depot Inc. | 2.52% | 115,270 | $44.2M | Reduce -7.5% |
| JNJ Johnson & Johnson | 2.49% | 276,002 | $43.7M | Reduce -0.3% |
| LMT Lockheed Martin Corp. | 2.35% | 90,646 | $41.2M | Reduce -8.1% |
| COF Capital One Financial Corp. | 2.32% | 273,421 | $40.7M | Reduce -5.8% |
| MO Altria Group Inc. | 2.28% | 918,126 | $40.0M | Reduce -5.9% |
| BMY Bristol-Myers Squibb Co. | 2.22% | 718,452 | $39.0M | Add +9.0% |
| EVRG Evergy Inc. | 2.14% | 702,889 | $37.5M | Add +19.9% |
| APD Air Products & Chemicals Inc. | 2.09% | 151,797 | $36.8M | Add +2529.4% |
| MDT Medtronic PLC | 2.07% | 417,930 | $36.4M | Add +1.3% |
| SRE Sempra | 2.06% | 502,480 | $36.1M | Reduce -10.9% |
| GLW Corning Inc. | 2.01% | 1,068,423 | $35.2M | Reduce -5.0% |
| TSN Tyson Foods Inc. Class A | 1.99% | 593,891 | $34.9M | Add +29.1% |
| TRV The Travelers Cos Inc. | 1.98% | 150,871 | $34.7M | Reduce -8.5% |
| CRH CRH PLC | 1.94% | 394,268 | $34.0M | Reduce -5.4% |
| MSFT Microsoft Corp. | 1.55% | 64,775 | $27.3M | Reduce -6.2% |
| KVUE Kenvue Inc. | 1.52% | 1,241,740 | $26.6M | Add +5.9% |
| AAPL Apple Inc. | 1.14% | 116,813 | $20.0M | Reduce -20.1% |
| DOW Dow Inc. | 1.11% | 337,658 | $19.6M | Add +10.0% |
| NVDA Nvidia Corp. | 0.89% | 17,354 | $15.7M | Reduce -8.3% |
| ETN Eaton Corp. PLC | 0.76% | 42,541 | $13.3M | Reduce -4.0% |
| QCOM Qualcomm Inc. | 0.63% | 65,201 | $11.0M | Reduce -7.4% |
| LLY Eli Lilly & Co. | 0.59% | 13,241 | $10.3M | Reduce -11.1% |
| XOM Exxon Mobil Corp. | 0.57% | 86,732 | $10.1M | Reduce -1.4% |
| GOOG Alphabet Inc. Class C | 0.48% | 55,929 | $8.5M | Reduce -2.7% |
| V Visa Inc. Class A | 0.48% | 30,054 | $8.4M | Reduce -4.3% |
| UNH Unitedhealth Group Inc. | 0.47% | 16,556 | $8.2M | Add +12.6% |
| ADBE Adobe Inc. | 0.46% | 15,954 | $8.1M | Reduce -0.8% |
| AMZN Amazon.com Inc. | 0.44% | 43,102 | $7.8M | Reduce -0.9% |
| AMD Advanced Micro Devices | 0.41% | 39,911 | $7.2M | Add +8.6% |
| FERG Ferguson Jersey Ltd. | 0.40% | 32,061 | $7.0M | Reduce -2.7% |
| PEP Pepsico Inc. | 0.36% | 35,823 | $6.3M | Add +84.3% |
| TMO Thermo Fisher Scientific Inc. | 0.35% | 10,536 | $6.1M | Add +26.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.35% | 49,996 | $6.1M | Add +17.0% |
| HON Honeywell International Inc. | 0.35% | 29,769 | $6.1M | Reduce -3.1% |
| ULTA Ulta Beauty Inc. | 0.35% | 11,679 | $6.1M | Add +1.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.35% | 44,607 | $6.1M | Reduce -13.8% |
| WDC Western Digital Corp. | 0.34% | 87,780 | $6.0M | Reduce -12.7% |
| DD Dupont DE Nemours Inc. | 0.30% | 68,940 | $5.3M | Add +6.2% |
| STZ Constellation Brands Inc. Class A | 0.29% | 18,934 | $5.1M | Reduce -3.5% |
| BAX Baxter International Inc. | 0.27% | 110,086 | $4.7M | Add +100.9% |
| MET Metlife Inc. | 0.25% | 59,489 | $4.4M | Reduce -7.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.22% | 103,154 | $3.9M | Reduce -10.8% |
| EXPE Expedia Group Inc. | 0.22% | 27,774 | $3.8M | Reduce -1.4% |
| ORCL Oracle Corp. | 0.21% | 29,604 | $3.7M | Reduce -10.4% |
| MRK Merck & Co. Inc. | 0.20% | 26,268 | $3.5M | Add +22.1% |
| RNR Renaissancere Holdings Ltd. | 0.20% | 14,719 | $3.5M | Add +12.8% |
| MS Morgan Stanley | 0.19% | 34,670 | $3.3M | Reduce -12.8% |
| GOOGL Alphabet Inc. Class A | 0.18% | 21,146 | $3.2M | Reduce -15.3% |
| LOW Lowe's Cos Inc. | 0.18% | 12,269 | $3.1M | Reduce -6.5% |
| WBD Warner Bros Discovery Inc. | 0.16% | 331,487 | $2.9M | Add +27.2% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.16% | 23,171 | $2.8M | Add +3.7% |
| SBUX Starbucks Corp. | 0.15% | 28,451 | $2.6M | Add +126.9% |
| AZN Astrazeneca PLC-Spons ADR | 0.14% | 36,273 | $2.5M | Reduce -1.8% |
| RY Royal Bank of Canada | 0.13% | 22,562 | $2.3M | No change |
| COST Costco Wholesale Corp. | 0.13% | 3,030 | $2.2M | Reduce -1.0% |
| APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC | 0.13% | 27,583 | $2.2M | Add +7.0% |
| TGT Target Corp. | 0.12% | 11,874 | $2.1M | Add +27.8% |
| VZ Verizon Communications Inc. | 0.11% | 45,046 | $1.9M | Add +0.9% |
| GIS General Mills Inc. | 0.10% | 25,943 | $1.8M | Reduce -6.8% |
| BWA Borgwarner Inc. | 0.10% | 50,025 | $1.7M | Add +2.0% |
| PH Parker Hannifin Corp. | 0.10% | 3,049 | $1.7M | Reduce -36.2% |
| AXP American Express Co. | 0.09% | 7,222 | $1.6M | Reduce -8.9% |
| AMAT Applied Materials Inc. | 0.09% | 7,594 | $1.6M | Reduce -22.9% |
| ABT Abbott Laboratories | 0.09% | 13,544 | $1.5M | Reduce -7.4% |
| VNT Vontier Corp. | 0.08% | 32,630 | $1.5M | Reduce -5.6% |
| PFE Pfizer Inc. | 0.08% | 50,919 | $1.4M | Add +37.3% |
| FDX FedEx Corp. | 0.08% | 4,804 | $1.4M | Reduce -5.9% |
| CTRA Coterra Energy Inc. | 0.08% | 49,758 | $1.4M | Reduce -34.8% |
| UNP Union Pacific Corp. | 0.08% | 5,620 | $1.4M | Add +5.0% |
| MOG.A Moog Inc. Class A | 0.08% | 8,530 | $1.4M | Reduce -4.4% |
| NXPI NXP Semiconductors NV | 0.08% | 5,336 | $1.3M | Reduce -3.5% |
| PM Philip Morris International | 0.07% | 14,275 | $1.3M | Reduce -18.9% |
| DUK Duke Energy Corp. | 0.07% | 13,212 | $1.3M | Add +519.7% |
| SYK Stryker Corp. | 0.07% | 3,205 | $1.1M | No change |
| PG The Procter & Gamble Co. | 0.06% | 6,613 | $1.1M | Reduce -26.3% |
| WFC Wells Fargo & Co. | 0.06% | 18,264 | $1.1M | Reduce -15.7% |
| MCD McDonald's Corp. | 0.06% | 3,635 | $1.0M | Reduce -54.2% |
| AMGN Amgen Inc. | 0.05% | 3,298 | $938K | Reduce -52.6% |
| META Meta Platforms Inc. Class A | 0.05% | 1,848 | $897K | Reduce -6.0% |
| CAT Caterpillar Inc. | 0.05% | 2,327 | $853K | Reduce -6.0% |
| GS Goldman Sachs Group Inc. | 0.05% | 1,895 | $792K | Add +10.7% |
| HAS Hasbro Inc. | 0.04% | 12,450 | $704K | New |
| PBA Pembina Pipeline Corp. | 0.04% | 19,707 | $696K | Add +3.3% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.04% | 12,615 | $691K | New |
Portfolio Sells Q4 2023 → Q1 2024
| IBM Intl Business Machines Corp. | Reduce -36.0% | 2.65% | −1.08 |
| GILD Gilead Sciences Inc. | Reduce -7.6% | 2.61% | −0.68 |
| AAPL Apple Inc. | Reduce -20.1% | 1.14% | −0.55 |
| SRE Sempra | Reduce -10.9% | 2.06% | −0.47 |
| CMCSA Comcast Corp. Class A | Reduce -7.5% | 3.03% | −0.46 |
| CSCO Cisco Systems Inc. | Reduce -8.1% | 2.61% | −0.41 |
| BLK BlackRock Finance Inc. | Reduce -8.9% | 2.87% | −0.36 |
| LMT Lockheed Martin Corp. | Reduce -8.1% | 2.35% | −0.33 |
| CVS CVS Health Corp. | Reduce -4.8% | 2.82% | −0.26 |
| MTB M & T Bank Corp. | Reduce -7.9% | 2.60% | −0.20 |
| CVX Chevron Corp. | Reduce -5.5% | 3.05% | −0.16 |
| ADBE Adobe Inc. | Reduce -0.8% | 0.46% | −0.12 |
| JNJ Johnson & Johnson | Reduce -0.3% | 2.49% | −0.11 |
| JPM JPMorgan Chase & Co. | Reduce -12.7% | 3.97% | −0.09 |
| MCD McDonald's Corp. | Reduce -54.2% | 0.06% | −0.08 |
| MO Altria Group Inc. | Reduce -5.9% | 2.28% | −0.08 |
| HD Home Depot Inc. | Reduce -7.5% | 2.52% | −0.07 |
| AMGN Amgen Inc. | Reduce -52.6% | 0.05% | −0.07 |
| GLW Corning Inc. | Reduce -5.0% | 2.01% | −0.05 |
| EXPE Expedia Group Inc. | Reduce -1.4% | 0.22% | −0.04 |
| HON Honeywell International Inc. | Reduce -3.1% | 0.35% | −0.04 |
| CTRA Coterra Energy Inc. | Reduce -34.8% | 0.08% | −0.04 |
| MS Morgan Stanley | Reduce -12.8% | 0.19% | −0.04 |
| PH Parker Hannifin Corp. | Reduce -36.2% | 0.10% | −0.04 |
| GOOGL Alphabet Inc. Class A | Reduce -15.3% | 0.18% | −0.03 |
| BA The Boeing Co. | Reduce -16.2% | 0.04% | −0.03 |
| PM Philip Morris International | Reduce -18.9% | 0.07% | −0.02 |
| ABBV Abbvie Inc. | Reduce -11.1% | 3.55% | −0.02 |
| D Dominion Energy Inc. | Sold out | 0.00% | −0.02 |
| SCHW Schwab (charles) Corp. | Sold out | 0.00% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -26.3% | 0.06% | −0.02 |
| NKE Nike Inc. Class B | Reduce -17.1% | 0.04% | −0.02 |
| MCHP Microchip Technology Inc. | Reduce -30.0% | 0.03% | −0.01 |
| V Visa Inc. Class A | Reduce -4.3% | 0.48% | −0.01 |
| PNC PNC Financial Services Group | Reduce -25.6% | 0.03% | −0.01 |
| BAC Bank of America Corp. | Reduce -10.8% | 0.22% | −0.01 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -1.8% | 0.14% | −0.01 |
| ABT Abbott Laboratories | Reduce -7.4% | 0.09% | −0.01 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -0.5% | 0.03% | −0.01 |
| AMAT Applied Materials Inc. | Reduce -22.9% | 0.09% | −0.01 |
| GIS General Mills Inc. | Reduce -6.8% | 0.10% | −0.01 |
| OMC Omnicom Group | Reduce -19.2% | 0.03% | −0.00 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -1.8% | 0.02% | −0.00 |
| MSFT Microsoft Corp. | Reduce -6.2% | 1.55% | −0.00 |
| WFC Wells Fargo & Co. | Reduce -15.7% | 0.06% | −0.00 |
| INTC Intel Corp. | Reduce -3.3% | 0.01% | −0.00 |
| GPC Genuine Parts Co. | Reduce -12.8% | 0.04% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -17.2% | 0.04% | −0.00 |
| MET Metlife Inc. | Reduce -7.2% | 0.25% | −0.00 |
| NVS Novartis AG-Sponsored ADR | Reduce -3.7% | 0.02% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| APD Air Products & Chemicals Inc. | Add +2529.4% | 2.09% | +2.00 |
| T AT&T Inc. | Add +22.5% | 2.90% | +0.52 |
| TSN Tyson Foods Inc. Class A | Add +29.1% | 1.99% | +0.51 |
| EVRG Evergy Inc. | Add +19.9% | 2.14% | +0.30 |
| BMY Bristol-Myers Squibb Co. | Add +9.0% | 2.22% | +0.19 |
| PEP Pepsico Inc. | Add +84.3% | 0.36% | +0.16 |
| BAX Baxter International Inc. | Add +100.9% | 0.27% | +0.14 |
| DIS The Walt Disney Co. | Add +17.0% | 0.35% | +0.12 |
| DOW Dow Inc. | Add +10.0% | 1.11% | +0.11 |
| AMD Advanced Micro Devices | Add +8.6% | 0.41% | +0.09 |
| TMO Thermo Fisher Scientific Inc. | Add +26.4% | 0.35% | +0.08 |
| SBUX Starbucks Corp. | Add +126.9% | 0.15% | +0.08 |
| ENB Enbridge Inc. | Add +7.3% | 3.07% | +0.07 |
| DUK Duke Energy Corp. | Add +519.7% | 0.07% | +0.06 |
| MRK Merck & Co. Inc. | Add +22.1% | 0.20% | +0.06 |
| RNR Renaissancere Holdings Ltd. | Add +12.8% | 0.20% | +0.04 |
| TGT Target Corp. | Add +27.8% | 0.12% | +0.04 |
| HAS Hasbro Inc. | New | 0.04% | +0.04 |
| SLB SLB Ltd. | New | 0.04% | +0.04 |
| MDT Medtronic PLC | Add +1.3% | 2.07% | +0.04 |
| TROW T Rowe Price Group Inc. | Add +3.7% | 0.16% | +0.02 |
| PFE Pfizer Inc. | Add +37.3% | 0.08% | +0.02 |
| KMTUY Komatsu Ltd. -Spons ADR | New | 0.01% | +0.01 |
| MA Mastercard Inc. Class A | New | 0.01% | +0.01 |
| ULTA Ulta Beauty Inc. | Add +1.1% | 0.35% | +0.01 |
| VZ Verizon Communications Inc. | Add +0.9% | 0.11% | +0.01 |
| KVUE Kenvue Inc. | Add +5.9% | 1.52% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +10.7% | 0.05% | +0.01 |
| WMT Walmart Inc. | Add +31.7% | 0.02% | +0.01 |
| BCS Barclays PLC-Spons ADR | Add +15.9% | 0.02% | +0.00 |
| WMB Williams Cos Inc. | Add +5.0% | 0.04% | +0.00 |
| UNH Unitedhealth Group Inc. | Add +12.6% | 0.47% | +0.00 |
| VOD Vodafone Group PLC-SP ADR | Add +18.7% | 0.02% | +0.00 |
| EMN Eastman Chemical Co. | Add +0.5% | 0.04% | +0.00 |
| BTI British American Tob-SP ADR | Add +17.0% | 0.01% | +0.00 |
| DD Dupont DE Nemours Inc. | Add +6.2% | 0.30% | +0.00 |
| CKHUY CK Hutchison Holdin-Unsp ADR | Add +19.2% | 0.01% | +0.00 |
| PBA Pembina Pipeline Corp. | Add +3.3% | 0.04% | +0.00 |
| UNP Union Pacific Corp. | Add +5.0% | 0.08% | 0.00 |
| ERIC Ericsson (lm) Tel-SP ADR | Add +12.0% | 0.02% | −0.00 |
| XEL Xcel Energy Inc. | Add +0.2% | 0.01% | −0.00 |
| BWA Borgwarner Inc. | Add +2.0% | 0.10% | −0.01 |
| WBD Warner Bros Discovery Inc. | Add +27.2% | 0.16% | −0.01 |
| APTV Aptiv Irish Holdings Ltd. | Add +7.0% | 0.13% | −0.01 |
| UPS United Parcel Service Class B | Add +0.4% | 2.71% | −0.29 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 181 | $2.4B | NTRS, CSCO, JPM, MTB, CVS |
| Q1 2026 | 172 | $2.3B | CTRA, CVX, CSCO, NTRS, JPM |
| Q4 2025 | 173 | $2.2B | JPM, CSCO, NTRS, MTB, COF |
| Q3 2025 | 167 | $2.2B | JPM, NTRS, CSCO, ENB, MTB |
| Q2 2025 | 170 | $2.1B | JPM, CSCO, NTRS, MTB, ENB |
| Q1 2025 | 165 | $2.0B | T, CVX, JPM, CSCO, MTB |
| Q4 2024 | 163 | $1.9B | JPM, MTB, AVGO, T, CSCO |
| Q3 2024 | 153 | $1.8B | JPM, AVGO, ABBV, T, MTB |
| Q2 2024 | 153 | $1.8B | JPM, AVGO, ABBV, T, MTB |
| Q1 2024 | 148 | $1.8B | JPM, AVGO, ABBV, PSX, ENB |