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.

Limited to 30 biggest holdings

$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
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