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

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.8B $1.8B Q1 2024 Q2 2024: $1.8B Q2 2024 Q3 2024: $1.8B Q3 2024 Q4 2024: $1.9B Q4 2024 Q1 2025: $2.0B Q1 2025 Q2 2025: $2.1B Q2 2025 Q3 2025: $2.2B Q3 2025 Q4 2025: $2.2B Q4 2025 Q1 2026: $2.3B Q1 2026 Q2 2026: $2.4B Q2 2026

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
EMN Eastman Chemical Co. 0.04% 6,852 $687K Add +0.5%
BA The Boeing Co. 0.04% 3,541 $683K Reduce -16.2%
TSLA Tesla Inc. 0.04% 3,843 $676K No change
NKE Nike Inc. Class B 0.04% 7,016 $659K Reduce -17.1%
GPC Genuine Parts Co. 0.04% 4,155 $644K Reduce -12.8%
BRK.B Berkshire Hathaway Inc. Class B 0.04% 1,505 $633K Reduce -17.2%
WMB Williams Cos Inc. 0.04% 15,880 $619K Add +5.0%
BAESY Bae Systems PLC -Spon ADR 0.03% 8,580 $585K Reduce -1.0%
BHP BHP Group Ltd.-Spon ADR 0.03% 10,031 $579K Reduce -0.5%
SBGSY Schneider Elect SE-Unsp ADR 0.03% 11,991 $543K Reduce -1.0%
PNC PNC Financial Services Group 0.03% 3,351 $541K Reduce -25.6%
MCHP Microchip Technology Inc. 0.03% 5,361 $481K Reduce -30.0%
OMC Omnicom Group 0.03% 4,950 $479K Reduce -19.2%
AFL Aflac Inc. 0.03% 5,408 $464K No change
BP BP PLC-Spons ADR 0.03% 12,198 $460K Reduce -8.4%
MUFG Mitsubishi Ufj Finl-Spon ADR 0.03% 44,335 $454K Reduce -0.7%
SMFG Sumitomo Mitsui-Spons ADR 0.03% 37,865 $446K Reduce -0.6%
HMC Honda Motor Co. Ltd.-Spons ADR 0.02% 10,485 $390K Reduce -0.8%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.02% 4,437 $382K Reduce -9.1%
ABBNY Abb Ltd.-Spon ADR 0.02% 8,090 $376K Reduce -0.4%
BNPQY BNP Paribas-ADR 0.02% 10,241 $364K Reduce -5.0%
MBGYY Mercedes-Benz Group-Unsp ADR 0.02% 17,805 $355K Reduce -0.6%
NVS Novartis AG-Sponsored ADR 0.02% 3,666 $355K Reduce -3.7%
AXAHY AXA -Spons ADR filed as AXA ADR 0.02% 9,425 $354K Reduce -1.1%
ALIZY Allianz SE - Unsp ADR 0.02% 11,800 $354K Reduce -0.6%
ANET Arista Networks Inc. 0.02% 1,200 $348K No change
RTX RTX Corp. 0.02% 3,516 $343K Reduce -17.6%
EXC Exelon Corp. 0.02% 8,889 $334K Reduce -2.2%
VOD Vodafone Group PLC-SP ADR 0.02% 36,930 $329K Add +18.7%
NGG National Grid PLC-SP ADR 0.02% 4,815 $328K Reduce -3.5%
WMT Walmart Inc. 0.02% 5,288 $318K Add +31.7%
BCS Barclays PLC-Spons ADR 0.02% 33,350 $315K Add +15.9%
SNY Sanofi-ADR 0.02% 6,320 $307K Reduce -0.2%
RIO Rio Tinto PLC-Spon ADR 0.02% 4,740 $302K Reduce -1.8%
IX Orix - Sponsored ADR filed as ORIX CORP 0.02% 2,640 $291K Reduce -0.8%
ORANY Orange-Spon ADR 0.02% 24,115 $284K Reduce -0.7%
ERIC Ericsson (lm) Tel-SP ADR filed as TELEFONAKTIEBOLAGET LM ERICS 0.02% 50,890 $280K Add +12.0%
MFC Manulife Financial Corp. 0.02% 10,800 $270K Reduce -0.7%
NFLX Netflix Inc. 0.02% 438 $266K No change
BTI British American Tob-SP ADR 0.01% 8,615 $263K Add +17.0%
INTC Intel Corp. 0.01% 5,934 $262K Reduce -3.3%
PRU Prudential Financial Inc. 0.01% 2,230 $262K Reduce -0.2%
KMTUY Komatsu Ltd. -Spons ADR 0.01% 7,426 $219K New
MA Mastercard Inc. Class A 0.01% 445 $214K New
XEL Xcel Energy Inc. 0.01% 3,853 $207K Add +0.2%
CKHUY CK Hutchison Holdin-Unsp ADR 0.01% 42,570 $206K Add +19.2%
AIFS Agent Information Software I 0.00% 28,000 $34K No change
SSCFF Smartcool Systems Inc. 0.00% 10,000 $0 No change

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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 181$2.4BNTRS, CSCO, JPM, MTB, CVS
Q1 2026 172$2.3BCTRA, CVX, CSCO, NTRS, JPM
Q4 2025 173$2.2BJPM, CSCO, NTRS, MTB, COF
Q3 2025 167$2.2BJPM, NTRS, CSCO, ENB, MTB
Q2 2025 170$2.1BJPM, CSCO, NTRS, MTB, ENB
Q1 2025 165$2.0BT, CVX, JPM, CSCO, MTB
Q4 2024 163$1.9BJPM, MTB, AVGO, T, CSCO
Q3 2024 153$1.8BJPM, AVGO, ABBV, T, MTB
Q2 2024 153$1.8BJPM, AVGO, ABBV, T, MTB
Q1 2024 148$1.8BJPM, AVGO, ABBV, PSX, ENB