Socorro Asset Management LP
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Socorro Asset Management LP reported 32 stock positions worth $256.7 million. Its top holding was SLB (SLB) at 4.2% of the portfolio, followed by Sempra (SRE, 4.0%) and Texas Instruments (TXN, 3.8%). Compared with Q1 2024, it opened 1 new position, added to 6 and reduced 12. The biggest buy was Sempra (SRE, shares +37%) and the biggest sale Valero Energy (VLO, shares −16%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001781882
- Portfolio Value
- $256.7M (Q2 2024)
- SEC Filing
- 0001781882-24-000005 ↗ filed Aug 14, 2024
Holdings Value
Holdings 32 stocks · $256.7M
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 4.17% | 226,674 | $10.7M | Add +11.7% |
| SRE Sempra | 4.00% | 134,905 | $10.3M | Add +37.1% |
| TXN Texas Instruments Inc. | 3.80% | 50,137 | $9.8M | Add +1.5% |
| PLD Prologis Inc. | 3.77% | 86,238 | $9.7M | Add +25.9% |
| TECK Teck Resources Ltd.-CLS B | 3.75% | 200,911 | $9.6M | No change |
| JPM JPMorgan Chase & Co. | 3.73% | 47,305 | $9.6M | No change |
| ARE Alexandria Real Estate Equit | 3.59% | 78,846 | $9.2M | No change |
| MS Morgan Stanley | 3.57% | 94,385 | $9.2M | Reduce -18.6% |
| CTRA Coterra Energy Inc. | 3.57% | 343,902 | $9.2M | Reduce -1.1% |
| KO The Coca-Cola Co. | 3.51% | 141,742 | $9.0M | Reduce -6.1% |
| VLO Valero Energy Corp. | 3.51% | 57,404 | $9.0M | Reduce -15.6% |
| TFC Truist Financial Corp. | 3.43% | 226,855 | $8.8M | Reduce -8.7% |
| MSFT Microsoft Corp. | 3.33% | 19,150 | $8.6M | Reduce -8.5% |
| BDX Becton Dickinson and Co. | 3.31% | 36,396 | $8.5M | No change |
| UNP Union Pacific Corp. | 3.13% | 35,481 | $8.0M | No change |
| TGT Target Corp. | 3.09% | 53,508 | $7.9M | Add +33.2% |
| FERG Ferguson Jersey Ltd. | 3.08% | 40,875 | $7.9M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 3.06% | 197,452 | $7.9M | Reduce -24.3% |
| JCI Johnson Controls Internation | 3.04% | 117,261 | $7.8M | Add +18.0% |
| LRCX Lam Research Corp. | 3.03% | 7,315 | $7.8M | Reduce -9.6% |
| ALC Alcon Inc. filed as ALCON AG | 2.96% | 85,206 | $7.6M | No change |
| PNC PNC Financial Services Group | 2.92% | 48,138 | $7.5M | Reduce -11.5% |
| CARR Carrier Global Corp. | 2.90% | 117,976 | $7.4M | Reduce -16.8% |
| CPT Camden Property Trust | 2.86% | 67,210 | $7.3M | No change |
| APD Air Products & Chemicals Inc. | 2.77% | 27,561 | $7.1M | Reduce -13.4% |
| HD Home Depot Inc. | 2.71% | 20,245 | $7.0M | No change |
| MLM Martin Marietta Materials | 2.69% | 12,736 | $6.9M | No change |
| PFE Pfizer Inc. | 2.47% | 226,406 | $6.3M | No change |
| AAPL Apple Inc. | 2.46% | 30,035 | $6.3M | Reduce -14.5% |
| HUM Humana Inc. | 2.44% | 16,775 | $6.3M | No change |
| RYN Rayonier Inc. | 2.36% | 208,361 | $6.1M | No change |
| AMT American Tower Corp. | 0.98% | 13,000 | $2.5M | New |
Portfolio Sells Q1 2024 → Q2 2024
| VLO Valero Energy Corp. | Reduce -15.6% | 3.51% | −0.93 |
| BAC Bank of America Corp. | Reduce -24.3% | 3.06% | −0.72 |
| MS Morgan Stanley | Reduce -18.6% | 3.57% | −0.60 |
| PNC PNC Financial Services Group | Reduce -11.5% | 2.92% | −0.44 |
| TFC Truist Financial Corp. | Reduce -8.7% | 3.43% | −0.27 |
| CARR Carrier Global Corp. | Reduce -16.8% | 2.90% | −0.25 |
| APD Air Products & Chemicals Inc. | Reduce -13.4% | 2.77% | −0.18 |
| CTRA Coterra Energy Inc. | Reduce -1.1% | 3.57% | −0.13 |
| MSFT Microsoft Corp. | Reduce -8.5% | 3.33% | −0.03 |
| KO The Coca-Cola Co. | Reduce -6.1% | 3.51% | −0.02 |
| LRCX Lam Research Corp. | Reduce -9.6% | 3.03% | +0.03 |
| AAPL Apple Inc. | Reduce -14.5% | 2.46% | +0.16 |
Portfolio Buys Q1 2024 → Q2 2024
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 |