Montgomery Investment Management Inc 13F annual report
Montgomery Investment Management Inc is an investment fund managing more than $253 billion ran by Elaine Schuler. There are currently 88 companies in Mrs. Schuler’s portfolio. The largest investments include United Rentals and VSE, together worth $42.4 billion.
$253 billion Assets Under Management (AUM)
As of 5th July 2024, Montgomery Investment Management Inc’s top holding is 35,118 shares of United Rentals currently worth over $22.7 billion and making up 9.0% of the portfolio value.
Relative to the number of outstanding shares of United Rentals, Montgomery Investment Management Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 223,454 shares of VSE worth $19.7 billion, whose value grew 50.9% in the past six months.
The third-largest holding is Truist Finl Corp worth $13 billion and the next is NVR worth $12.4 billion, with 1,640 shares owned.
Currently, Montgomery Investment Management Inc's portfolio is worth at least $253 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Montgomery Investment Management Inc
The Montgomery Investment Management Inc office and employees reside in Rockville, Maryland. According to the last 13-F report filed with the SEC, Elaine Schuler serves as the Vice President at Montgomery Investment Management Inc.
Recent trades
In the most recent 13F filing, Montgomery Investment Management Inc revealed that it had opened a new position in
ServiceNow Inc and bought 5,105 shares worth $4.02 billion.
This means they effectively own approximately 0.1% of the company.
ServiceNow Inc makes up
26.8%
of the fund's Technology sector allocation and has grown its share price by 33.5% in the past year.
The investment fund also strengthened its position in Walmart Inc by buying
8,409 additional shares.
This makes their stake in Walmart Inc total 11,413 shares worth $773 million.
Walmart Inc dropped 55.0% in the past year.
On the other hand, there are companies that Montgomery Investment Management Inc is getting rid of from its portfolio.
Montgomery Investment Management Inc closed its position in Laboratory Corp Amer Hldgs on 12th July 2024.
It sold the previously owned 10,110 shares for $2.03 billion.
Elaine Schuler also disclosed a decreased stake in United Rentals by 0.3%.
This leaves the value of the investment at $22.7 billion and 35,118 shares.
One of the smaller hedge funds
The two most similar investment funds to Montgomery Investment Management Inc are Elevatus Welath Management and Argent Advisors. They manage $253 billion and $253 billion respectively.
Elaine Schuler investment strategy
Montgomery Investment Management Inc’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Industrials — making up 24.6% of
the total portfolio value.
The fund focuses on investments in the United States as
60.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
57% of the total holdings value.
On the other hand, small-cap stocks make up only 1.1% of the portfolio.
The average market cap of the portfolio companies is close to $193 billion.
The complete list of Montgomery Investment Management Inc trades based on 13F SEC filings
These positions were updated on July 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| United Rentals, Inc. |
34.71%
35,118
|
$22,711,864,000 | 8.99% |
| VSE Corp. |
0.31%
223,454
|
$19,726,519,000 | 7.81% |
| Truist Finl Corp |
28.56%
333,549
|
$12,958,379,000 | 5.13% |
| NVR Inc. |
48.43%
1,640
|
$12,445,238,000 | 4.92% |
| Apple Inc |
17.17%
53,492
|
$11,266,485,000 | 4.46% |
| Conocophillips |
29.65%
95,411
|
$10,913,110,000 | 4.32% |
| Lennar Corp. |
39.38%
131,790
|
$19,094,410,000 | 7.56% |
| Deere & Co. |
18.67%
27,378
|
$10,229,242,000 | 4.05% |
| Diamondback Energy Inc |
22.96%
44,332
|
$8,874,823,000 | 3.51% |
| General Mls Inc |
9.11%
115,743
|
$7,321,902,000 | 2.90% |
| Chevron Corp. |
29.11%
46,388
|
$7,256,011,000 | 2.87% |
| International Business Machs |
27.69%
38,156
|
$6,599,080,000 | 2.61% |
| Microsoft Corporation |
28.93%
13,365
|
$5,973,487,000 | 2.36% |
| Freeport-McMoRan Inc |
37.65%
121,570
|
$5,908,302,000 | 2.34% |
| Merck & Co Inc |
16.43%
46,323
|
$5,734,787,000 | 2.27% |
| Phillips 66 |
33.21%
40,535
|
$5,722,326,000 | 2.26% |
| Bank America Corp |
31.26%
132,332
|
$5,262,844,000 | 2.08% |
| Caterpillar Inc. |
12.07%
15,480
|
$5,156,221,000 | 2.04% |
| LGI Homes Inc |
47.76%
53,040
|
$4,746,550,000 | 1.88% |
| Valero Energy Corp. |
34.58%
29,890
|
$4,685,556,000 | 1.85% |
| Cf Inds Hldgs Inc |
31.44%
58,500
|
$4,336,020,000 | 1.72% |
| ServiceNow Inc |
Opened
5,105
|
$4,015,950,000 | 1.59% |
| Johnson & Johnson |
27.72%
18,759
|
$2,741,815,000 | 1.08% |
| NextEra Energy Inc |
3.70%
33,360
|
$2,362,222,000 | 0.93% |
| Ishares Tr |
11.27%
23,840
|
$4,667,031,000 | 1.85% |
| Pnc Finl Svcs Group Inc |
15.82%
14,371
|
$2,234,403,000 | 0.88% |
| Abbvie Inc |
16.58%
13,025
|
$2,234,048,000 | 0.88% |
| HP Inc |
32.22%
62,470
|
$2,187,699,000 | 0.87% |
| Suncor Energy, Inc. |
46.05%
57,400
|
$2,186,940,000 | 0.87% |
| Laboratory Corp Amer Hldgs |
Closed
10,110
|
$2,032,616,000 | |
| Synovus Finl Corp |
34.44%
42,258
|
$1,698,349,000 | 0.67% |
| Abbott Labs |
13.40%
16,235
|
$1,686,979,000 | 0.67% |
| Mcdonalds Corp |
3.87%
6,208
|
$1,582,047,000 | 0.63% |
| RTX Corp |
33.69%
12,401
|
$1,244,936,000 | 0.49% |
| Mdu Res Group Inc |
23.28%
46,578
|
$1,169,108,000 | 0.46% |
| Labcorp Holdings Inc. |
Opened
5,610
|
$1,141,691,000 | 0.45% |
| Bhp Group Ltd |
29.36%
19,800
|
$1,130,382,000 | 0.45% |
| Costco Whsl Corp New |
No change
1,290
|
$1,096,487,000 | 0.43% |
| Cenovus Energy Inc |
53.17%
55,586
|
$1,092,821,000 | 0.43% |
| Lowes Cos Inc |
1.12%
4,405
|
$971,126,000 | 0.38% |
| Knife River Corp |
11.12%
13,154
|
$922,622,000 | 0.37% |
| Old Dominion Freight Line In |
30.25%
4,980
|
$879,468,000 | 0.35% |
| Halliburton Co. |
Closed
19,900
|
$805,950,000 | |
| Weyerhaeuser Co Mtn Be |
9.74%
27,895
|
$791,939,000 | 0.31% |
| Walmart Inc |
279.93%
11,413
|
$772,798,000 | 0.31% |
| Honeywell International Inc |
12.82%
3,400
|
$726,036,000 | 0.29% |
| Delta Air Lines, Inc. |
13.61%
14,785
|
$701,400,000 | 0.28% |
| Cameco Corp. |
50.99%
12,400
|
$610,080,000 | 0.24% |
| NVIDIA Corp |
900.00%
4,800
|
$592,992,000 | 0.23% |
| Eli Lilly & Co |
35.00%
650
|
$588,497,000 | 0.23% |
| Rayonier Inc. |
No change
19,946
|
$580,229,000 | 0.23% |
| Quest Diagnostics, Inc. |
37.15%
4,230
|
$579,002,000 | 0.23% |
| Pfizer Inc. |
33.90%
19,302
|
$540,070,000 | 0.21% |
| Agilent Technologies Inc. |
32.53%
4,149
|
$537,835,000 | 0.21% |
| Fedex Corp |
15.30%
1,755
|
$526,219,000 | 0.21% |
| Baytex Energy Corp |
70.91%
149,492
|
$518,591,000 | 0.21% |
| Hewlett Packard Enterprise C |
No change
24,250
|
$513,373,000 | 0.20% |
| Globe Life Inc |
3.97%
6,050
|
$497,794,000 | 0.20% |
| Baker Hughes Company |
37.89%
14,100
|
$495,897,000 | 0.20% |
| Arista Networks Inc |
No change
1,400
|
$490,672,000 | 0.19% |
| Darden Restaurants, Inc. |
No change
3,000
|
$453,960,000 | 0.18% |
| Sysco Corp. |
No change
6,250
|
$446,188,000 | 0.18% |
| Amazon.com Inc. |
8.70%
2,100
|
$405,825,000 | 0.16% |
| Trade Desk Inc |
No change
4,000
|
$390,680,000 | 0.15% |
| Wesco International, Inc. |
30.98%
2,257
|
$357,780,000 | 0.14% |
| GE Aerospace |
1.25%
2,212
|
$351,642,000 | 0.14% |
| Enbridge Inc |
12.73%
9,590
|
$341,308,000 | 0.14% |
| Vital Energy Inc |
Closed
6,130
|
$339,725,000 | |
| Ovintiv Inc |
76.49%
7,074
|
$331,558,000 | 0.13% |
| MercadoLibre Inc |
No change
200
|
$328,680,000 | 0.13% |
| Dell Technologies Inc |
Opened
2,368
|
$326,571,000 | 0.13% |
| Shopify Inc |
No change
4,800
|
$317,040,000 | 0.13% |
| Union Pac Corp |
41.67%
1,400
|
$316,764,000 | 0.13% |
| Silverbow Res Inc |
44.41%
7,950
|
$300,749,000 | 0.12% |
| Burke Herbert Finl Svcs Corp |
No change
5,866
|
$299,049,000 | 0.12% |
| Berkshire Hathaway Inc. |
No change
694
|
$282,319,000 | 0.11% |
| APA Corporation |
Closed
6,621
|
$272,123,000 | |
| American Express Co. |
Opened
1,175
|
$272,071,000 | 0.11% |
| Vanguard Intl Equity Index F |
0.80%
6,200
|
$271,312,000 | 0.11% |
| Federal Rlty Invt Tr New |
50.19%
2,630
|
$265,551,000 | 0.11% |
| Keysight Technologies Inc |
35.09%
1,850
|
$252,988,000 | 0.10% |
| Alphabet Inc |
23.53%
1,300
|
$236,795,000 | 0.09% |
| Schlumberger Ltd. |
54.95%
4,920
|
$232,126,000 | 0.09% |
| Comcast Corp New |
60.40%
5,900
|
$231,044,000 | 0.09% |
| Broadcom Inc. |
Opened
138
|
$221,563,000 | 0.09% |
| Alphabet Inc |
Opened
1,200
|
$220,104,000 | 0.09% |
| Regions Financial Corp. |
70.91%
10,878
|
$217,995,000 | 0.09% |
| Toll Brothers Inc. |
Opened
1,800
|
$207,324,000 | 0.08% |
| Titan Machy Inc |
Closed
7,700
|
$204,666,000 | |
| CSX Corp. |
Opened
6,000
|
$200,700,000 | 0.08% |
| NOV Inc |
No change
10,505
|
$199,700,000 | 0.08% |
| Southwestern Energy Company |
Opened
20,100
|
$135,273,000 | 0.05% |
| Blackrock Munivest Fd Inc |
No change
12,285
|
$88,083,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 93 holdings | |||
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