Stack Financial Management, Inc
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 4, 2025), Stack Financial Management, Inc reported 50 stock positions worth $1.1 billion. Its top holding was Microsoft (MSFT) at 9.3% of the portfolio, followed by Walmart (WMT, 9.0%) and Quanta Services (PWR, 5.4%). Compared with Q3 2024, it opened 4 new positions, sold out of 2, added to 10 and reduced 35. The biggest buy was a new position in Cboe Global Markets (CBOE) and the biggest sale Cigna (CI, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- WHITEFISH, MT
- CIK
- 0001308685
- Portfolio Value
- $1.1B (Q4 2024)
- SEC Filing
- 0001308685-25-000004 ↗ filed Feb 4, 2025
Holdings Value
Holdings 50 stocks · $1.1B
| MSFT Microsoft Corp. | 9.31% | 241,653 | $101.9M | Reduce -0.7% |
| WMT Walmart Inc. | 8.95% | 1,083,760 | $97.9M | Reduce -1.4% |
| PWR Quanta Services Inc. | 5.36% | 185,325 | $58.6M | Reduce -1.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 5.10% | 122,996 | $55.8M | Reduce -1.1% |
| ACN Accenture PLC Class A | 4.51% | 140,099 | $49.3M | Reduce -1.0% |
| CVX Chevron Corp. | 3.74% | 282,603 | $40.9M | Reduce -0.6% |
| LHX L3HARRIS Technologies Inc. | 2.86% | 148,936 | $31.3M | Reduce -1.0% |
| WM Waste Management Inc. | 2.74% | 148,476 | $30.0M | Reduce -0.5% |
| AEM Agnico Eagle Mines Ltd. | 2.70% | 377,471 | $29.5M | Reduce -1.4% |
| AEP American Electric Power | 2.53% | 299,425 | $27.6M | Add +56.7% |
| SYK Stryker Corp. | 2.46% | 74,797 | $26.9M | Reduce -0.7% |
| UNH Unitedhealth Group Inc. | 2.37% | 51,206 | $25.9M | Reduce -0.5% |
| PSX Phillips 66 | 2.35% | 225,450 | $25.7M | Reduce -0.5% |
| EOG EOG Resources Inc. | 2.31% | 206,355 | $25.3M | Reduce -0.6% |
| CNP Centerpoint Energy Inc. | 2.15% | 739,921 | $23.5M | Reduce -0.9% |
| LMT Lockheed Martin Corp. | 2.09% | 47,082 | $22.9M | Reduce -0.3% |
| MRK Merck & Co. Inc. | 2.05% | 225,340 | $22.4M | Add +0.5% |
| DUK Duke Energy Corp. | 1.95% | 198,400 | $21.4M | Reduce -0.8% |
| CBOE Cboe Global Markets Inc. | 1.95% | 108,956 | $21.3M | New |
| KO The Coca-Cola Co. | 1.91% | 335,723 | $20.9M | Reduce -0.2% |
| MDLZ Mondelez International Inc. Class A | 1.90% | 347,427 | $20.8M | Reduce -1.2% |
| CI The Cigna Group | 1.89% | 74,810 | $20.7M | Reduce -0.4% |
| WPM Wheaton Precious Metals Corp. | 1.87% | 363,221 | $20.4M | Reduce -0.9% |
| EMR Emerson Electric Co. | 1.83% | 161,281 | $20.0M | Reduce -0.3% |
| COP Conocophillips | 1.70% | 187,714 | $18.6M | Reduce -1.0% |
| PEP Pepsico Inc. | 1.69% | 121,284 | $18.4M | Add +0.1% |
| DHR Danaher Corp. | 1.64% | 78,193 | $17.9M | Reduce -0.7% |
| IQV Iqvia Holdings Inc. | 1.60% | 89,096 | $17.5M | Reduce -2.4% |
| LH Labcorp Holdings Inc. | 1.58% | 75,349 | $17.3M | Reduce -0.8% |
| PG The Procter & Gamble Co. | 1.51% | 98,272 | $16.5M | Add +1.0% |
| JNJ Johnson & Johnson | 1.50% | 113,279 | $16.4M | Add +0.5% |
| DOV Dover Corp. | 1.43% | 83,272 | $15.6M | Reduce -0.7% |
| MDT Medtronic PLC | 1.34% | 183,792 | $14.7M | Reduce -1.3% |
| AEE Ameren Corporation | 1.31% | 160,446 | $14.3M | Reduce -0.5% |
| DTE DTE Energy Company | 1.27% | 114,596 | $13.8M | Reduce -0.2% |
| CAH Cardinal Health Inc. | 1.17% | 108,216 | $12.8M | New |
| UNP Union Pacific Corp. | 1.06% | 50,781 | $11.6M | Reduce -0.9% |
| CMCSA Comcast Corp. Class A | 1.06% | 307,629 | $11.5M | Reduce -0.4% |
| NEM Newmont Corp. | 1.03% | 301,946 | $11.2M | Reduce -0.8% |
| KHC The Kraft Heinz Co. | 0.98% | 347,510 | $10.7M | Reduce -2.3% |
| GPC Genuine Parts Co. | 0.95% | 88,748 | $10.4M | Reduce -2.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.09% | 1,615 | $947K | Add +4.2% |
| GDX Vaneck Gold Miners ETF | 0.07% | 21,804 | $739K | Add +0.1% |
| AAPL Apple Inc. | 0.05% | 2,021 | $506K | Reduce -3.8% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.03% | 5,644 | $289K | New |
| XLI SS Industrial Select Sector | 0.02% | 1,931 | $254K | Add +0.9% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.02% | 2,812 | $247K | New |
| JPM JPMorgan Chase & Co. | 0.02% | 998 | $239K | Add +2.8% |
| ITW Illinois Tool Works | 0.02% | 860 | $218K | No change |
| XLV SS Health Care Select Sector | 0.02% | 1,524 | $210K | Add +6.3% |
Portfolio Sells Q3 2024 → Q4 2024
| CI The Cigna Group | Reduce -0.4% | 1.89% | −0.45 |
| NEM Newmont Corp. | Reduce -0.8% | 1.03% | −0.43 |
| MDLZ Mondelez International Inc. Class A | Reduce -1.2% | 1.90% | −0.43 |
| LMT Lockheed Martin Corp. | Reduce -0.3% | 2.09% | −0.39 |
| LHX L3HARRIS Technologies Inc. | Reduce -1.0% | 2.86% | −0.35 |
| IQV Iqvia Holdings Inc. | Reduce -2.4% | 1.60% | −0.34 |
| UNH Unitedhealth Group Inc. | Reduce -0.5% | 2.37% | −0.33 |
| PSX Phillips 66 | Reduce -0.5% | 2.35% | −0.33 |
| DHR Danaher Corp. | Reduce -0.7% | 1.64% | −0.32 |
| KO The Coca-Cola Co. | Reduce -0.2% | 1.91% | −0.26 |
| VLTO Veralto Corp. | Sold out | 0.00% | −0.26 |
| GPC Genuine Parts Co. | Reduce -2.3% | 0.95% | −0.19 |
| MDT Medtronic PLC | Reduce -1.3% | 1.34% | −0.16 |
| KHC The Kraft Heinz Co. | Reduce -2.3% | 0.98% | −0.15 |
| WPM Wheaton Precious Metals Corp. | Reduce -0.9% | 1.87% | −0.14 |
| DUK Duke Energy Corp. | Reduce -0.8% | 1.95% | −0.12 |
| CMCSA Comcast Corp. Class A | Reduce -0.4% | 1.06% | −0.10 |
| MSFT Microsoft Corp. | Reduce -0.7% | 9.31% | −0.09 |
| COP Conocophillips | Reduce -1.0% | 1.70% | −0.09 |
| UNP Union Pacific Corp. | Reduce -0.9% | 1.06% | −0.08 |
| AEM Agnico Eagle Mines Ltd. | Reduce -1.4% | 2.70% | −0.07 |
| DTE DTE Energy Company | Reduce -0.2% | 1.27% | −0.06 |
| WM Waste Management Inc. | Reduce -0.5% | 2.74% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.1% | 5.10% | −0.04 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.02 |
| CVX Chevron Corp. | Reduce -0.6% | 3.74% | −0.02 |
| DOV Dover Corp. | Reduce -0.7% | 1.43% | −0.01 |
| AAPL Apple Inc. | Reduce -3.8% | 0.05% | +0.00 |
| ACN Accenture PLC Class A | Reduce -1.0% | 4.51% | +0.02 |
| SYK Stryker Corp. | Reduce -0.7% | 2.46% | +0.02 |
| EOG EOG Resources Inc. | Reduce -0.6% | 2.31% | +0.02 |
| AEE Ameren Corporation | Reduce -0.5% | 1.31% | +0.04 |
| LH Labcorp Holdings Inc. | Reduce -0.8% | 1.58% | +0.06 |
| CNP Centerpoint Energy Inc. | Reduce -0.9% | 2.15% | +0.17 |
| EMR Emerson Electric Co. | Reduce -0.3% | 1.83% | +0.24 |
| PWR Quanta Services Inc. | Reduce -1.6% | 5.36% | +0.31 |
| WMT Walmart Inc. | Reduce -1.4% | 8.95% | +0.98 |
Portfolio Buys Q3 2024 → Q4 2024
| CBOE Cboe Global Markets Inc. | New | 1.95% | +1.95 |
| CAH Cardinal Health Inc. | New | 1.17% | +1.17 |
| AEP American Electric Power | Add +56.7% | 2.53% | +0.77 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 0.03% | +0.03 |
| SPYG SS SPDR P S&P 500 Growth ETF | New | 0.02% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +4.2% | 0.09% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +2.8% | 0.02% | +0.00 |
| XLI SS Industrial Select Sector | Add +0.9% | 0.02% | 0.00 |
| XLV SS Health Care Select Sector | Add +6.3% | 0.02% | −0.00 |
| PG The Procter & Gamble Co. | Add +1.0% | 1.51% | −0.01 |
| GDX Vaneck Gold Miners ETF | Add +0.1% | 0.07% | −0.01 |
| JNJ Johnson & Johnson | Add +0.5% | 1.50% | −0.14 |
| PEP Pepsico Inc. | Add +0.1% | 1.69% | −0.16 |
| MRK Merck & Co. Inc. | Add +0.5% | 2.05% | −0.24 |
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 |