Socorro Asset Management LP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Socorro Asset Management LP reported 31 stock positions worth $261.6 million. Its top holding was Valero Energy (VLO) at 4.4% of the portfolio, followed by SLB (SLB, 4.3%) and Morgan Stanley (MS, 4.2%). Compared with Q4 2023, it opened 2 new positions, added to 23 and reduced 6. The biggest buy was SLB (SLB, shares +190%) and the biggest sale Lam Research (LRCX, shares −26%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001781882
- Portfolio Value
- $261.6M (Q1 2024)
- SEC Filing
- 0001781882-24-000003 ↗ filed May 15, 2024
Holdings Value
Holdings 31 stocks · $261.6M
| VLO Valero Energy Corp. | 4.44% | 68,037 | $11.6M | Reduce -9.5% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 4.25% | 202,983 | $11.1M | Add +190.0% |
| MS Morgan Stanley | 4.17% | 115,933 | $10.9M | Add +2.7% |
| ARE Alexandria Real Estate Equit | 3.88% | 78,846 | $10.2M | Add +2.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 3.78% | 260,886 | $9.9M | Add +2.8% |
| CTRA Coterra Energy Inc. | 3.71% | 347,762 | $9.7M | Add +2.8% |
| TFC Truist Financial Corp. | 3.70% | 248,584 | $9.7M | Add +20.2% |
| JPM JPMorgan Chase & Co. | 3.62% | 47,305 | $9.5M | Reduce -16.0% |
| KO The Coca-Cola Co. | 3.53% | 150,939 | $9.2M | Add +2.3% |
| TECK Teck Resources Ltd.-CLS B | 3.52% | 200,911 | $9.2M | Add +2.6% |
| BDX Becton Dickinson and Co. | 3.44% | 36,396 | $9.0M | Add +9.1% |
| FERG Ferguson Jersey Ltd. | 3.41% | 40,875 | $8.9M | Reduce -9.1% |
| PLD Prologis Inc. | 3.41% | 68,479 | $8.9M | Add +2.6% |
| MSFT Microsoft Corp. | 3.37% | 20,935 | $8.8M | Add +2.1% |
| PNC PNC Financial Services Group | 3.36% | 54,386 | $8.8M | Add +2.2% |
| UNP Union Pacific Corp. | 3.34% | 35,481 | $8.7M | Add +5.8% |
| TXN Texas Instruments Inc. | 3.29% | 49,394 | $8.6M | Add +2.6% |
| CARR Carrier Global Corp. | 3.15% | 141,828 | $8.2M | Add +2.3% |
| LRCX Lam Research Corp. | 3.01% | 8,094 | $7.9M | Reduce -26.1% |
| MLM Martin Marietta Materials | 2.99% | 12,736 | $7.8M | Reduce -23.9% |
| HD Home Depot Inc. | 2.97% | 20,245 | $7.8M | Reduce -14.7% |
| APD Air Products & Chemicals Inc. | 2.95% | 31,834 | $7.7M | Add +17.0% |
| TGT Target Corp. | 2.72% | 40,176 | $7.1M | Add +3.1% |
| ALC Alcon Inc. filed as ALCON AG | 2.71% | 85,206 | $7.1M | Add +2.5% |
| SRE Sempra | 2.70% | 98,365 | $7.1M | Add +2.7% |
| RYN Rayonier Inc. | 2.65% | 208,361 | $6.9M | Add +2.4% |
| CPT Camden Property Trust | 2.53% | 67,210 | $6.6M | Add +42.7% |
| JCI Johnson Controls Internation | 2.48% | 99,403 | $6.5M | New |
| PFE Pfizer Inc. | 2.40% | 226,406 | $6.3M | New |
| AAPL Apple Inc. | 2.30% | 35,122 | $6.0M | Add +2.5% |
| HUM Humana Inc. | 2.22% | 16,775 | $5.8M | Add +40.2% |
Portfolio Sells Q4 2023 → Q1 2024
| LRCX Lam Research Corp. | Reduce -26.1% | 3.01% | −0.78 |
| MLM Martin Marietta Materials | Reduce -23.9% | 2.99% | −0.70 |
| HD Home Depot Inc. | Reduce -14.7% | 2.97% | −0.66 |
| JPM JPMorgan Chase & Co. | Reduce -16.0% | 3.62% | −0.61 |
| FERG Ferguson Jersey Ltd. | Reduce -9.1% | 3.41% | −0.42 |
| VLO Valero Energy Corp. | Reduce -9.5% | 4.44% | +0.12 |
Portfolio Buys Q4 2023 → Q1 2024
| SLB SLB Ltd. | Add +190.0% | 4.25% | +2.64 |
| JCI Johnson Controls Internation | New | 2.48% | +2.48 |
| PFE Pfizer Inc. | New | 2.40% | +2.40 |
| CPT Camden Property Trust | Add +42.7% | 2.53% | +0.46 |
| TFC Truist Financial Corp. | Add +20.2% | 3.70% | +0.33 |
| TGT Target Corp. | Add +3.1% | 2.72% | +0.27 |
| BAC Bank of America Corp. | Add +2.8% | 3.78% | +0.01 |
| MSFT Microsoft Corp. | Add +2.1% | 3.37% | −0.04 |
| CTRA Coterra Energy Inc. | Add +2.8% | 3.71% | −0.11 |
| TECK Teck Resources Ltd.-CLS B | Add +2.6% | 3.52% | −0.14 |
| BDX Becton Dickinson and Co. | Add +9.1% | 3.44% | −0.15 |
| ALC Alcon Inc. | Add +2.5% | 2.71% | −0.15 |
| HUM Humana Inc. | Add +40.2% | 2.22% | −0.20 |
| PNC PNC Financial Services Group | Add +2.2% | 3.36% | −0.28 |
| UNP Union Pacific Corp. | Add +5.8% | 3.34% | −0.30 |
| KO The Coca-Cola Co. | Add +2.3% | 3.53% | −0.31 |
| TXN Texas Instruments Inc. | Add +2.6% | 3.29% | −0.34 |
| APD Air Products & Chemicals Inc. | Add +17.0% | 2.95% | −0.34 |
| RYN Rayonier Inc. | Add +2.4% | 2.65% | −0.36 |
| CARR Carrier Global Corp. | Add +2.3% | 3.15% | −0.37 |
| ARE Alexandria Real Estate Equit | Add +2.7% | 3.88% | −0.41 |
| SRE Sempra | Add +2.7% | 2.70% | −0.46 |
| MS Morgan Stanley | Add +2.7% | 4.17% | −0.48 |
| PLD Prologis Inc. | Add +2.6% | 3.41% | −0.52 |
| AAPL Apple Inc. | Add +2.5% | 2.30% | −0.61 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 31 | $210.1M | APD, SRE, PNC, JPM, XEL |
| Q1 2026 | 31 | $211.0M | SRE, APD, TXN, KO, PFE |
| Q4 2025 | 31 | $248.0M | SRE, MS, PNC, KO, TXN |
| Q3 2025 | 32 | $265.7M | SRE, PFE, AMT, MS, TXN |
| Q2 2025 | 32 | $288.0M | TXN, MS, SRE, JPM, FERG |
| Q1 2025 | 32 | $278.1M | AMT, CTRA, KO, MS, TXN |
| Q4 2024 | 31 | $243.7M | SRE, CTRA, KO, PFE, BDX |
| Q3 2024 | 31 | $253.9M | SRE, TECK, TXN, KO, CTRA |
| Q2 2024 | 32 | $256.7M | SLB, SRE, TXN, PLD, TECK |
| Q1 2024 | 31 | $261.6M | VLO, SLB, MS, ARE, BAC |