Martin Investment Management 13F annual report
Martin Investment Management is an investment fund managing more than $390 billion ran by Patrick Martin. There are currently 47 companies in Mr. Martin’s portfolio. The largest investments include Novo-nordisk A S and Check Point Software Tech Lt, together worth $67.4 billion.
$390 billion Assets Under Management (AUM)
As of 29th July 2024, Martin Investment Management’s top holding is 287,212 shares of Novo-nordisk A S currently worth over $41 billion and making up 10.5% of the portfolio value.
In addition, the fund holds 160,132 shares of Check Point Software Tech Lt worth $26.4 billion.
The third-largest holding is Novartis AG worth $24.4 billion and the next is Toyota Motor worth $24.2 billion, with 117,964 shares owned.
Currently, Martin Investment Management's portfolio is worth at least $390 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 Martin Investment Management
The Martin Investment Management office and employees reside in Palm Beach Gardens, Florida. According to the last 13-F report filed with the SEC, Patrick Martin serves as the Managing Director at Martin Investment Management.
Recent trades
In the most recent 13F filing, Martin Investment Management revealed that it had opened a new position in
Astrazeneca plc and bought 276,589 shares worth $21.6 billion.
This means they effectively own approximately 0.1% of the company.
Astrazeneca plc makes up
31.3%
of the fund's Health Care sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in NVIDIA Corp by buying
10,840 additional shares.
This makes their stake in NVIDIA Corp total 12,000 shares worth $1.48 billion.
NVIDIA Corp dropped approximately 0.1% in the past year.
On the other hand, there are companies that Martin Investment Management is getting rid of from its portfolio.
Martin Investment Management closed its position in Verisign on 5th August 2024.
It sold the previously owned 31,401 shares for $5.95 billion.
Patrick Martin also disclosed a decreased stake in Novo-nordisk A S by approximately 0.1%.
This leaves the value of the investment at $41 billion and 287,212 shares.
One of the smaller hedge funds
The two most similar investment funds to Martin Investment Management are Thunderbird Partners LL.P. and Quadrant Private Wealth Management. They manage $390 billion and $390 billion respectively.
Patrick Martin investment strategy
Martin Investment Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Health Care — making up 17.7% of
the total portfolio value.
The fund focuses on investments in the United States as
55.3% 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
72% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $288 billion.
The complete list of Martin Investment Management trades based on 13F SEC filings
These positions were updated on August 5th 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 |
|---|---|---|---|
| Novo-nordisk A S |
3.22%
287,212
|
$40,996,641,000 | 10.52% |
| Check Point Software Tech Lt |
3.29%
160,132
|
$26,421,780,000 | 6.78% |
| Novartis AG |
3.32%
228,936
|
$24,372,527,000 | 6.25% |
| Toyota Motor Corporation |
3.49%
117,964
|
$24,179,081,000 | 6.20% |
| Alcon Ag |
3.37%
261,236
|
$23,270,903,000 | 5.97% |
| Apple Inc |
2.96%
105,206
|
$22,158,543,000 | 5.69% |
| Astrazeneca plc |
Opened
276,589
|
$21,571,176,000 | 5.53% |
| Sony Group Corp |
2.22%
208,884
|
$17,744,696,000 | 4.55% |
| Mastercard Incorporated |
3.79%
38,752
|
$17,095,903,000 | 4.39% |
| Alphabet Inc |
3.50%
85,453
|
$15,571,322,000 | 4.00% |
| Booking Holdings Inc |
3.62%
2,821
|
$11,175,392,000 | 2.87% |
| Berkshire Hathaway Inc. |
3.36%
26,375
|
$10,729,350,000 | 2.75% |
| American Express Co. |
3.61%
43,793
|
$10,140,269,000 | 2.60% |
| Thermo Fisher Scientific Inc. |
3.59%
16,848
|
$9,316,944,000 | 2.39% |
| Nxp Semiconductors N V |
2.50%
32,176
|
$8,658,240,000 | 2.22% |
| Verisk Analytics Inc |
3.14%
30,767
|
$8,293,245,000 | 2.13% |
| Wabtec |
2.39%
51,260
|
$8,101,643,000 | 2.08% |
| General Dynamics Corp. |
4.21%
27,002
|
$7,834,360,000 | 2.01% |
| Stryker Corp. |
3.66%
21,424
|
$7,289,516,000 | 1.87% |
| L3Harris Technologies Inc |
3.36%
31,512
|
$7,077,030,000 | 1.82% |
| Ametek Inc |
2.50%
41,817
|
$6,971,312,000 | 1.79% |
| Accenture Plc Ireland |
3.17%
22,773
|
$6,909,556,000 | 1.77% |
| Roper Technologies Inc |
4.34%
12,147
|
$6,846,778,000 | 1.76% |
| Autozone Inc. |
Opened
2,267
|
$6,719,615,000 | 1.72% |
| Procter And Gamble Co |
3.30%
40,531
|
$6,684,373,000 | 1.72% |
| Marathon Oil Corporation |
3.71%
216,347
|
$6,202,668,000 | 1.59% |
| Adobe Inc |
2.04%
10,803
|
$6,001,499,000 | 1.54% |
| Verisign Inc. |
Closed
31,401
|
$5,950,804,000 | |
| Merck & Co Inc |
3.22%
46,782
|
$5,791,612,000 | 1.49% |
| Helmerich & Payne, Inc. |
Closed
109,571
|
$4,608,556,000 | |
| Diamondback Energy Inc |
Opened
20,752
|
$4,154,343,000 | 1.07% |
| Exxon Mobil Corp. |
Opened
13,852
|
$1,594,642,000 | 0.41% |
| NVIDIA Corp |
934.48%
12,000
|
$1,482,480,000 | 0.38% |
| Asml Holding N V |
No change
1,143
|
$1,168,980,000 | 0.30% |
| Gartner, Inc. |
No change
2,171
|
$974,909,000 | 0.25% |
| BP plc |
Closed
23,960
|
$902,813,000 | |
| Microsoft Corporation |
2.15%
1,897
|
$847,864,000 | 0.22% |
| Amazon.com Inc. |
7.86%
3,677
|
$710,580,000 | 0.18% |
| Cheniere Energy Inc. |
1.87%
3,945
|
$689,704,000 | 0.18% |
| Pioneer Nat Res Co |
Closed
2,412
|
$633,150,000 | |
| Aon plc. |
5.32%
1,782
|
$523,160,000 | 0.13% |
| Taiwan Semiconductor Mfg Ltd |
11.05%
2,696
|
$468,592,000 | 0.12% |
| Costco Whsl Corp New |
1.75%
522
|
$443,695,000 | 0.11% |
| RELX Plc |
No change
8,685
|
$398,468,000 | 0.10% |
| Kimberly-Clark Corp. |
6.07%
2,865
|
$395,943,000 | 0.10% |
| Medtronic Plc |
No change
4,713
|
$370,960,000 | 0.10% |
| Visa Inc |
No change
1,400
|
$367,458,000 | 0.09% |
| Haleon Plc |
99.17%
36,830
|
$304,216,000 | 0.08% |
| TotalEnergies SE |
No change
3,775
|
$251,717,000 | 0.06% |
| Factset Resh Sys Inc |
No change
575
|
$234,755,000 | 0.06% |
| Icon Plc |
No change
740
|
$231,968,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 51 holdings | |||
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