Stack Financial Management, Inc
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 2, 2024), Stack Financial Management, Inc reported 46 stock positions worth $1.1 billion. Its top holding was Microsoft (MSFT) at 9.4% of the portfolio, followed by Walmart (WMT, 6.1%) and iShares Core S&P Small-Cap E (IJR, 4.9%). Compared with Q4 2023, it opened 6 new positions, sold out of 2, added to 18 and reduced 22. The biggest buy was a new position in iShares Core S&P Small-Cap E (IJR) and the biggest sale Accenture Class A (ACN, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- WHITEFISH, MT
- CIK
- 0001308685
- Portfolio Value
- $1.1B (Q1 2024)
- SEC Filing
- 0001308685-24-000005 ↗ filed May 2, 2024
Holdings Value
Holdings 46 stocks · $1.1B
| MSFT Microsoft Corp. | 9.40% | 243,505 | $102.4M | Reduce -0.6% |
| WMT Walmart Inc. | 6.08% | 1,101,163 | $66.3M | Reduce -0.6% |
| IJR iShares Core S&P Small-Cap E | 4.86% | 479,015 | $52.9M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 4.83% | 125,231 | $52.7M | Reduce -0.2% |
| PWR Quanta Services Inc. | 4.57% | 191,544 | $49.8M | Add +0.3% |
| ACN Accenture PLC Class A | 4.45% | 139,830 | $48.5M | Reduce -1.0% |
| CVX Chevron Corp. | 4.11% | 283,936 | $44.8M | Add +31.2% |
| PSX Phillips 66 | 3.39% | 225,904 | $36.9M | Add +0.2% |
| LHX L3HARRIS Technologies Inc. | 2.94% | 150,206 | $32.0M | New |
| WM Waste Management Inc. | 2.93% | 149,867 | $31.9M | Reduce -0.3% |
| MRK Merck & Co. Inc. | 2.67% | 220,617 | $29.1M | Reduce -1.3% |
| CI The Cigna Group | 2.48% | 74,375 | $27.0M | Add +0.2% |
| SYK Stryker Corp. | 2.46% | 74,818 | $26.8M | Reduce -0.2% |
| EOG EOG Resources Inc. | 2.39% | 203,440 | $26.0M | Add +39.1% |
| UNH Unitedhealth Group Inc. | 2.32% | 51,143 | $25.3M | Add +0.3% |
| MDLZ Mondelez International Inc. Class A | 2.25% | 350,980 | $24.6M | Add +0.3% |
| COP Conocophillips | 2.17% | 185,503 | $23.6M | Reduce -0.5% |
| AEM Agnico Eagle Mines Ltd. | 2.11% | 385,788 | $23.0M | Add +0.9% |
| IQV Iqvia Holdings Inc. | 2.11% | 90,907 | $23.0M | Add +0.2% |
| LMT Lockheed Martin Corp. | 1.96% | 46,892 | $21.3M | Reduce -1.4% |
| CNP Centerpoint Energy Inc. | 1.94% | 742,695 | $21.2M | Add +0.3% |
| PEP Pepsico Inc. | 1.91% | 119,139 | $20.9M | Add +0.3% |
| KO The Coca-Cola Co. | 1.87% | 333,915 | $20.4M | Reduce -0.8% |
| DHR Danaher Corp. | 1.79% | 78,090 | $19.5M | Add +0.7% |
| DUK Duke Energy Corp. | 1.76% | 198,174 | $19.2M | Reduce -0.7% |
| EMR Emerson Electric Co. | 1.65% | 158,162 | $17.9M | Add +2.3% |
| WPM Wheaton Precious Metals Corp. | 1.59% | 368,507 | $17.4M | Add +0.1% |
| JNJ Johnson & Johnson | 1.56% | 107,732 | $17.0M | Add +0.1% |
| AEP American Electric Power | 1.53% | 193,408 | $16.7M | Add +17.6% |
| LH Laboratory CRP of Amer Hldgs | 1.52% | 75,695 | $16.5M | Reduce -0.1% |
| MDT Medtronic PLC | 1.46% | 182,205 | $15.9M | Reduce -0.8% |
| PG The Procter & Gamble Co. | 1.42% | 95,366 | $15.5M | Reduce -0.9% |
| DOV Dover Corp. | 1.36% | 83,439 | $14.8M | Reduce -0.9% |
| GPC Genuine Parts Co. | 1.26% | 88,949 | $13.8M | Reduce -0.8% |
| CMCSA Comcast Corp. Class A | 1.20% | 302,863 | $13.1M | Reduce -1.0% |
| KHC The Kraft Heinz Co. | 1.17% | 346,624 | $12.8M | New |
| UNP Union Pacific Corp. | 1.13% | 49,861 | $12.3M | New |
| AEE Ameren Corporation | 1.07% | 157,286 | $11.6M | Reduce -0.5% |
| NEM Newmont Corp. | 0.99% | 299,647 | $10.7M | Reduce -0.7% |
| CVS CVS Health Corp. | 0.93% | 126,857 | $10.1M | Add +0.1% |
| VLTO Veralto Corp. | 0.21% | 25,545 | $2.3M | Add +0.4% |
| GDX Vaneck Gold Miners ETF | 0.08% | 27,170 | $859K | Reduce -0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.07% | 1,553 | $812K | Reduce -5.6% |
| XLV SS Health Care Select Sector | 0.03% | 1,942 | $287K | New |
| XLI SS Industrial Select Sector | 0.03% | 2,192 | $276K | Reduce -29.4% |
| XLE SS Energy Select Sector | 0.02% | 2,527 | $239K | New |
Portfolio Sells Q4 2023 → Q1 2024
| ACN Accenture PLC Class A | Reduce -1.0% | 4.45% | −1.15 |
| MSFT Microsoft Corp. | Reduce -0.6% | 9.40% | −1.01 |
| WMT Walmart Inc. | Reduce -0.6% | 6.08% | −0.50 |
| LMT Lockheed Martin Corp. | Reduce -1.4% | 1.96% | −0.48 |
| DUK Duke Energy Corp. | Reduce -0.7% | 1.76% | −0.43 |
| LH Laboratory CRP of Amer Hldgs | Reduce -0.1% | 1.52% | −0.43 |
| NEM Newmont Corp. | Reduce -0.7% | 0.99% | −0.43 |
| KO The Coca-Cola Co. | Reduce -0.8% | 1.87% | −0.37 |
| CMCSA Comcast Corp. Class A | Reduce -1.0% | 1.20% | −0.31 |
| COP Conocophillips | Reduce -0.5% | 2.17% | −0.28 |
| MDT Medtronic PLC | Reduce -0.8% | 1.46% | −0.25 |
| AEE Ameren Corporation | Reduce -0.5% | 1.07% | −0.22 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.2% | 4.83% | −0.22 |
| PG The Procter & Gamble Co. | Reduce -0.9% | 1.42% | −0.17 |
| GPC Genuine Parts Co. | Reduce -0.8% | 1.26% | −0.14 |
| WM Waste Management Inc. | Reduce -0.3% | 2.93% | −0.11 |
| DOV Dover Corp. | Reduce -0.9% | 1.36% | −0.11 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Sold out | 0.00% | −0.10 |
| MRK Merck & Co. Inc. | Reduce -1.3% | 2.67% | −0.08 |
| SYK Stryker Corp. | Reduce -0.2% | 2.46% | −0.08 |
| AAPL Apple Inc. | Sold out | 0.00% | −0.02 |
| GDX Vaneck Gold Miners ETF | Reduce -0.9% | 0.08% | −0.02 |
| XLI SS Industrial Select Sector | Reduce -29.4% | 0.03% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.6% | 0.07% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| IJR iShares Core S&P Small-Cap E | New | 4.86% | +4.86 |
| LHX L3HARRIS Technologies Inc. | New | 2.94% | +2.94 |
| KHC The Kraft Heinz Co. | New | 1.17% | +1.17 |
| UNP Union Pacific Corp. | New | 1.13% | +1.13 |
| CVX Chevron Corp. | Add +31.2% | 4.11% | +0.46 |
| EOG EOG Resources Inc. | Add +39.1% | 2.39% | +0.39 |
| XLV SS Health Care Select Sector | New | 0.03% | +0.03 |
| XLE SS Energy Select Sector | New | 0.02% | +0.02 |
| AEP American Electric Power | Add +17.6% | 1.53% | +0.02 |
| PSX Phillips 66 | Add +0.2% | 3.39% | −0.01 |
| VLTO Veralto Corp. | Add +0.4% | 0.21% | −0.03 |
| CI The Cigna Group | Add +0.2% | 2.48% | −0.03 |
| EMR Emerson Electric Co. | Add +2.3% | 1.65% | −0.05 |
| PWR Quanta Services Inc. | Add +0.3% | 4.57% | −0.09 |
| CVS CVS Health Corp. | Add +0.1% | 0.93% | −0.20 |
| DHR Danaher Corp. | Add +0.7% | 1.79% | −0.24 |
| AEM Agnico Eagle Mines Ltd. | Add +0.9% | 2.11% | −0.26 |
| IQV Iqvia Holdings Inc. | Add +0.2% | 2.11% | −0.26 |
| JNJ Johnson & Johnson | Add +0.1% | 1.56% | −0.34 |
| PEP Pepsico Inc. | Add +0.3% | 1.91% | −0.36 |
| CNP Centerpoint Energy Inc. | Add +0.3% | 1.94% | −0.45 |
| WPM Wheaton Precious Metals Corp. | Add +0.1% | 1.59% | −0.46 |
| MDLZ Mondelez International Inc. Class A | Add +0.3% | 2.25% | −0.61 |
| UNH Unitedhealth Group Inc. | Add +0.3% | 2.32% | −0.71 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 54 | $1.3B | WMT, SH, MSFT, PWR, BRK.B |
| Q1 2026 | 52 | $1.4B | SH, WMT, PWR, MSFT, BRK.B |
| Q4 2025 | 59 | $1.3B | WMT, MSFT, SH, BRK.B, CRM |
| Q3 2025 | 51 | $1.2B | MSFT, WMT, BRK.B, PWR, CRM |
| Q2 2025 | 49 | $1.1B | MSFT, WMT, BRK.B, PWR, ACN |
| Q1 2025 | 53 | $1.2B | WMT, MSFT, BRK.B, SH, CVX |
| Q4 2024 | 50 | $1.1B | MSFT, WMT, PWR, BRK.B, ACN |
| Q3 2024 | 48 | $1.1B | MSFT, WMT, BRK.B, PWR, ACN |
| Q2 2024 | 49 | $1.1B | MSFT, WMT, IJR, BRK.B, PWR |
| Q1 2024 | 46 | $1.1B | MSFT, WMT, IJR, BRK.B, PWR |