# INVESTMENT MANAGEMENT OF VIRGINIA LLC

> Institutional holdings reported to the SEC as of Q1 2023 on Form 13F. CIK 1009022. Source: https://holderbook.com/funds/1009022-investment-management-of-virginia-llc/

- Reported value: $526.5M
- Positions: 180
- Weight of the ten largest: 24.4%
- Filed: 2023-04-26

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $20.1M | 52,157 | 3.8% | 14 |
| PROSHARES TR | [REGL](https://holderbook.com/stocks/REGL/) | $15.0M | 212,630 | 2.9% | 13 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $12.8M | 44,545 | 2.4% | 18 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $12.7M | 38,117 | 2.4% | 18 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $12.2M | 74,102 | 2.3% | 18 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $11.4M | 71,711 | 2.2% | 18 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $11.2M | 34,861 | 2.1% | 6 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $11.1M | 160,742 | 2.1% | 18 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $11.0M | 66,429 | 2.1% | 18 |
| OAKTREE SPECIALTY LENDING | [OCSL](https://holderbook.com/stocks/OCSL/) | $10.8M | 574,561 | 2.0% | 1 |
| ATLANTIC UN BANKSHARES CORP | [AUB](https://holderbook.com/stocks/AUB/) | $9.8M | 278,623 | 1.9% | 16 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $9.0M | 70,393 | 1.7% | 18 |
| BWX TECHNOLOGIES INC | [BWXT](https://holderbook.com/stocks/BWXT/) | $8.8M | 139,046 | 1.7% | 18 |
| ALLIENT INC | [ALNT](https://holderbook.com/stocks/ALNT/) | $8.3M | 214,737 | 1.6% | 18 |
| M D C HLDGS INC | [MDC](https://holderbook.com/stocks/MDC/) | $8.3M | 213,386 | 1.6% | 13 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $7.4M | 18,094 | 1.4% | 13 |
| ALEXANDER & BALDWIN INC NEW | [ALEX](https://holderbook.com/stocks/ALEX/) | $7.3M | 385,579 | 1.4% | 18 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $7.2M | 55,268 | 1.4% | 18 |
| CROSS CTRY HEALTHCARE INC | [CCRN](https://holderbook.com/stocks/CCRN/) | $7.2M | 321,201 | 1.4% | 18 |
| THRYV HLDGS INC | [THRY](https://holderbook.com/stocks/THRY/) | $6.9M | 300,500 | 1.3% | 6 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $6.6M | 5,196 | 1.3% | 8 |
| PRA GROUP INC | [PRAA](https://holderbook.com/stocks/PRAA/) | $6.5M | 166,305 | 1.2% | 18 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $5.9M | 112,257 | 1.1% | 18 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $5.9M | 9,144 | 1.1% | 18 |
| INTREPID POTASH INC | [IPI](https://holderbook.com/stocks/IPI/) | $5.8M | 210,598 | 1.1% | 8 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $5.6M | 24,684 | 1.1% | 11 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $5.5M | 72,974 | 1.1% | 18 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $5.4M | 29,569 | 1.0% | 18 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $5.4M | 23,895 | 1.0% | 18 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $5.3M | 32,555 | 1.0% | 18 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $5.3M | 40,258 | 1.0% | 18 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $5.3M | 107,027 | 1.0% | 18 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $5.2M | 63,175 | 1.0% | 10 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $5.0M | 47,434 | 1.0% | 18 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $4.9M | 8,555 | 0.9% | 18 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $4.8M | 55,204 | 0.9% | 5 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $4.8M | 23,607 | 0.9% | 18 |
| HILTON WORLDWIDE HLDGS INC | [HLT](https://holderbook.com/stocks/HLT/) | $4.7M | 33,113 | 0.9% | 13 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $4.6M | 55,023 | 0.9% | 18 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $4.5M | 41,129 | 0.9% | 18 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $4.4M | 29,613 | 0.8% | 18 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $4.2M | 8,455 | 0.8% | 18 |
| EXPAND ENERGY CORPORATION | [EXE](https://holderbook.com/stocks/EXE/) | $4.0M | 52,394 | 0.8% | 8 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $3.9M | 38,776 | 0.7% | 18 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $3.9M | 17,412 | 0.7% | 18 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $3.8M | 65,000 | 0.7% | 17 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $3.8M | 19,384 | 0.7% | 18 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $3.7M | 32,406 | 0.7% | 18 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $3.5M | 11,801 | 0.7% | 18 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $3.5M | 13,713 | 0.7% | 18 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $3.3M | 21,452 | 0.6% | 18 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $3.3M | 31,854 | 0.6% | 13 |
| COLLPLANT BIOTECHNOLOGIES LT | [CLGN](https://holderbook.com/stocks/CLGN/) | $3.3M | 463,899 | 0.6% | 8 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $3.2M | 14,086 | 0.6% | 18 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $3.2M | 13,014 | 0.6% | 18 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $3.1M | 82,349 | 0.6% | 18 |
| HACKETT GROUP INC | [HCKT](https://holderbook.com/stocks/HCKT/) | $3.1M | 167,921 | 0.6% | 14 |
| QUIDELORTHO CORP | [QDEL](https://holderbook.com/stocks/QDEL/) | $3.0M | 34,204 | 0.6% | 4 |
| NEW FORTRESS ENERGY INC | [NFE](https://holderbook.com/stocks/NFE/) | $3.0M | 103,528 | 0.6% | 1 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $2.9M | 7,922 | 0.5% | 18 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $2.8M | 8,207 | 0.5% | 18 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $2.8M | 74,694 | 0.5% | 18 |
| ISHARES TR | [IJT](https://holderbook.com/stocks/IJT/) | $2.8M | 25,348 | 0.5% | 6 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $2.8M | 37,314 | 0.5% | 18 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $2.7M | 67,376 | 0.5% | 18 |
| TIDEWATER INC NEW | [TDW](https://holderbook.com/stocks/TDW/) | $2.6M | 59,665 | 0.5% | 4 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $2.6M | 44,938 | 0.5% | 5 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $2.5M | 8,250 | 0.5% | 18 |
| STANDARD MTR PRODS INC | [SMP](https://holderbook.com/stocks/SMP/) | $2.5M | 68,955 | 0.5% | 7 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $2.4M | 12,053 | 0.5% | 18 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $2.4M | 3,536 | 0.4% | 18 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $2.2M | 68,837 | 0.4% | 18 |
| VANGUARD WORLD FD | [VOX](https://holderbook.com/stocks/VOX/) | $2.2M | 22,979 | 0.4% | 16 |
| WATERS CORP | [WAT](https://holderbook.com/stocks/WAT/) | $2.2M | 7,117 | 0.4% | 18 |
| CONSOLIDATED EDISON INC | [ED](https://holderbook.com/stocks/ED/) | $2.2M | 22,875 | 0.4% | 18 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.2M | 20,800 | 0.4% | 10 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $2.1M | 42,926 | 0.4% | 15 |
| HANOVER INS GROUP INC | [THG](https://holderbook.com/stocks/THG/) | $2.1M | 15,984 | 0.4% | 3 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $2.0M | 14,045 | 0.4% | 6 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $2.0M | 25,081 | 0.4% | 1 |
| GENTEX CORP | [GNTX](https://holderbook.com/stocks/GNTX/) | $2.0M | 72,138 | 0.4% | 18 |
| BEL FUSE INC | [BELFB](https://holderbook.com/stocks/BELFB/) | $2.0M | 53,015 | 0.4% | 5 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $1.9M | 20,129 | 0.4% | 18 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.9M | 65,433 | 0.4% | 18 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $1.8M | 18,413 | 0.3% | 8 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $1.8M | 17,924 | 0.3% | 12 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.8M | 19,089 | 0.3% | 8 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $1.7M | 29,095 | 0.3% | 18 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $1.7M | 8,084 | 0.3% | 18 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $1.7M | 19,562 | 0.3% | 18 |
| ULTA BEAUTY INC | [ULTA](https://holderbook.com/stocks/ULTA/) | $1.7M | 3,057 | 0.3% | 18 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $1.7M | 4,303 | 0.3% | 6 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $1.7M | 11,044 | 0.3% | 13 |
| DOW HLDGS INC | [DOW](https://holderbook.com/stocks/DOW/) | $1.6M | 28,344 | 0.3% | 16 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $1.5M | 10,818 | 0.3% | 18 |
| PIONEER NAT RES CO | [PXD](https://holderbook.com/stocks/PXD/) | $1.5M | 7,555 | 0.3% | 18 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $1.5M | 16,904 | 0.3% | 18 |
| PRESTIGE CONSMR HEALTHCARE I | [PBH](https://holderbook.com/stocks/PBH/) | $1.5M | 24,362 | 0.3% | 18 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $1.5M | 42,072 | 0.3% | 18 |
| SHATTUCK LABS INC | [STTK](https://holderbook.com/stocks/STTK/) | $1.5M | 506,040 | 0.3% | 9 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q1 2023 | +3.3% | +7.0% | -3.8% | 100% |
| Q4 2022 | +9.7% | +7.1% | +2.6% | 100% |
| Q3 2022 | -6.0% | -5.3% | -0.7% | 100% |
| Q2 2022 | -14.5% | -16.5% | +2.0% | 100% |
| Q1 2022 | -1.3% | -4.9% | +3.6% | 100% |
| Q4 2021 | +8.4% | +10.7% | -2.3% | 100% |
| Q3 2021 | -1.5% | +0.3% | -1.7% | 100% |
| Q2 2021 | +4.8% | +8.0% | -3.2% | 98% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2023 | $526.5M | 180 |
| Q4 2022 | $510.2M | 179 |
| Q3 2022 | $462.5M | 171 |
| Q2 2022 | $485.9M | 174 |
| Q1 2022 | $569.3M | 180 |
| Q4 2021 | $620.1M | 181 |
| Q3 2021 | $520.3M | 158 |
| Q2 2021 | $519.6M | 163 |
| Q1 2021 | $496.3M | 155 |
| Q4 2020 | $460.1M | 148 |
| Q3 2020 | $401.8M | 147 |
| Q2 2020 | $400.7M | 141 |