# MONTGOMERY INVESTMENT MANAGEMENT INC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1272544. Source: https://holderbook.com/funds/1272544-montgomery-investment-management-inc/

- Reported value: $329.5M
- Positions: 108
- Weight of the ten largest: 51.9%
- Filed: 2026-07-15

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 |
|---|---|---|---|---|---|
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $38.6M | 34,030 | 11.7% | 31 |
| VSE CORP | [VSEC](https://holderbook.com/stocks/VSEC/) | $27.9M | 122,081 | 8.5% | 31 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $16.0M | 25,240 | 4.9% | 31 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $15.8M | 317,013 | 4.8% | 27 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $15.3M | 14,327 | 4.6% | 31 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $14.2M | 141,490 | 4.3% | 12 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $14.2M | 48,980 | 4.3% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $10.5M | 37,302 | 3.2% | 31 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $9.7M | 93,221 | 2.9% | 31 |
| NVR INC | [NVR](https://holderbook.com/stocks/NVR/) | $9.0M | 1,319 | 2.7% | 31 |
| DIAMONDBACK ENERGY INC | [FANG](https://holderbook.com/stocks/FANG/) | $7.8M | 44,474 | 2.4% | 31 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $7.8M | 29,890 | 2.4% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $7.1M | 43,119 | 2.2% | 31 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $7.1M | 113,360 | 2.2% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $7.0M | 122,983 | 2.1% | 31 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $6.5M | 38,200 | 2.0% | 31 |
| LENNAR CORP | [LEN](https://holderbook.com/stocks/LEN/) | $5.9M | 64,938 | 1.8% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $5.6M | 43,456 | 1.7% | 31 |
| CF INDUSTRIES HOLD | [CF](https://holderbook.com/stocks/CF/) | $5.3M | 48,580 | 1.6% | 31 |
| LENNAR CORP | [LENB](https://holderbook.com/stocks/LENB/) | $4.9M | 55,017 | 1.5% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $4.7M | 12,677 | 1.4% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $4.6M | 18,166 | 1.4% | 31 |
| GENERAL MILLS INC | [GIS](https://holderbook.com/stocks/GIS/) | $3.6M | 102,843 | 1.1% | 31 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $3.5M | 14,371 | 1.1% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $3.3M | 4,459 | 1.0% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $3.3M | 13,045 | 1.0% | 31 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $3.0M | 56,200 | 0.9% | 31 |
| PINNACLE FINL PARTNERS INC | [PNFP](https://holderbook.com/stocks/PNFP/) | $2.5M | 24,918 | 0.8% | 2 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $2.5M | 25,105 | 0.8% | 10 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $2.3M | 12,151 | 0.7% | 25 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $2.3M | 26,110 | 0.7% | 31 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $2.3M | 22,252 | 0.7% | 16 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $2.2M | 3 | 0.7% | 6 |
| LGI HOMES INC | [LGIH](https://holderbook.com/stocks/LGIH/) | $1.9M | 29,110 | 0.6% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.7M | 6,159 | 0.5% | 31 |
| EVERUS CONSTR GROUP | [ECG](https://holderbook.com/stocks/ECG/) | $1.6M | 9,767 | 0.5% | 7 |
| CENOVUS ENERGY INC | [CVE](https://holderbook.com/stocks/CVE/) | $1.6M | 62,835 | 0.5% | 31 |
| MILLROSE PPTYS INC | [MRP](https://holderbook.com/stocks/MRP/) | $1.4M | 47,306 | 0.4% | 6 |
| BHP BILLITON LIMITED | [BHP](https://holderbook.com/stocks/BHP/) | $1.3M | 16,150 | 0.4% | 18 |
| DELTA AIR LINES INC | [DAL](https://holderbook.com/stocks/DAL/) | $1.3M | 14,315 | 0.4% | 31 |
| LABCORP HOLDINGS INC | [LH](https://holderbook.com/stocks/LH/) | $1.3M | 4,710 | 0.4% | 9 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $1.3M | 14,475 | 0.4% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.3M | 11,413 | 0.4% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.3M | 3,540 | 0.4% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.2M | 6,071 | 0.4% | 13 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.2M | 1,285 | 0.4% | 31 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $1.2M | 4,000 | 0.4% | 31 |
| GLOBE LIFE INC | [GL](https://holderbook.com/stocks/GL/) | $1.1M | 6,050 | 0.3% | 28 |
| OLD DOMINION FREIGHT LINE IN | [ODFL](https://holderbook.com/stocks/ODFL/) | $1.1M | 4,980 | 0.3% | 31 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $1.0M | 2,404 | 0.3% | 10 |
| HEWLETT PACKARD ENTERPRISE C | [HPE](https://holderbook.com/stocks/HPE/) | $1.0M | 22,750 | 0.3% | 31 |
| KNIFE RIVER CORP | [KNF](https://holderbook.com/stocks/KNF/) | $1.0M | 12,104 | 0.3% | 13 |
| IES HOLDINGS INC | [IESC](https://holderbook.com/stocks/IESC/) | $1.0M | 1,370 | 0.3% | 2 |
| HP INC | [HPQ](https://holderbook.com/stocks/HPQ/) | $964.7K | 43,970 | 0.3% | 31 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $933.9K | 4,235 | 0.3% | 31 |
| MDU RES GROUP INC | [MDU](https://holderbook.com/stocks/MDU/) | $898.8K | 42,378 | 0.3% | 31 |
| QUEST DIAGNOSTICS INC | [DGX](https://holderbook.com/stocks/DGX/) | $894.5K | 4,220 | 0.3% | 31 |
| COMFORT SYS USA INC | [FIX](https://holderbook.com/stocks/FIX/) | $891.9K | 450 | 0.3% | 2 |
| PERMIAN RESOURCES CORP | [PR](https://holderbook.com/stocks/PR/) | $872.6K | 47,400 | 0.3% | 6 |
| PULTE GROUP INC | [PHM](https://holderbook.com/stocks/PHM/) | $871.3K | 6,350 | 0.3% | 5 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $849.4K | 5,000 | 0.3% | 7 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $826.7K | 2,212 | 0.3% | 15 |
| BAKER HUGHES COMPANY | [BKR](https://holderbook.com/stocks/BKR/) | $782.5K | 14,100 | 0.2% | 24 |
| WESCO INTL INC | [WCC](https://holderbook.com/stocks/WCC/) | $779.6K | 2,257 | 0.2% | 16 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $779.6K | 650 | 0.2% | 21 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $739.6K | 3,103 | 0.2% | 14 |
| EQT CORP | [EQT](https://holderbook.com/stocks/EQT/) | $680.6K | 12,800 | 0.2% | 6 |
| WEYERHAEUSER CO | [WY](https://holderbook.com/stocks/WY/) | $655.3K | 27,373 | 0.2% | 31 |
| KEYSIGHT TECHNOLOGIES INC | [KEYS](https://holderbook.com/stocks/KEYS/) | $647.6K | 1,850 | 0.2% | 31 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $645.0K | 549 | 0.2% | 5 |
| DARDEN RESTAURANTS INC | [DRI](https://holderbook.com/stocks/DRI/) | $618.0K | 3,000 | 0.2% | 25 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $573.0K | 1,830 | 0.2% | 16 |
| AGILENT TECHNOLOGIES INC | [A](https://holderbook.com/stocks/A/) | $551.1K | 4,149 | 0.2% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $534.7K | 716 | 0.2% | 4 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $526.3K | 1,393 | 0.2% | 9 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $520.7K | 6,230 | 0.2% | 31 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $508.6K | 10,940 | 0.2% | 6 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $471.9K | 8,705 | 0.1% | 31 |
| RAYONIER INC | [RYN](https://holderbook.com/stocks/RYN/) | $458.5K | 21,548 | 0.1% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $425.7K | 1,205 | 0.1% | 5 |
| OVINTIV INC | [OVV](https://holderbook.com/stocks/OVV/) | $425.1K | 8,074 | 0.1% | 26 |
| HALLIBURTON CO | [HAL](https://holderbook.com/stocks/HAL/) | $422.1K | 12,432 | 0.1% | 6 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $420.7K | 17,470 | 0.1% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $397.4K | 1,175 | 0.1% | 11 |
| RILEY EXPLORATION PERMIAN IN | [REPX](https://holderbook.com/stocks/REPX/) | $373.8K | 11,340 | 0.1% | 2 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $370.1K | 6,200 | 0.1% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $358.8K | 637 | 0.1% | 2 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $350.8K | 3,007 | 0.1% | 2 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $342.5K | 3,000 | 0.1% | 14 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $339.5K | 200 | 0.1% | 14 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $324.7K | 1,450 | 0.1% | 1 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $320.6K | 1,450 | 0.1% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $317.2K | 634 | 0.1% | 15 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $314.6K | 1,739 | 0.1% | 7 |
| CRESCENT ENERGY COMPANY | [CRGY](https://holderbook.com/stocks/CRGY/) | $313.9K | 31,965 | 0.1% | 8 |
| EXPAND ENERGY CORPORATION | [EXE](https://holderbook.com/stocks/EXE/) | $309.1K | 3,390 | 0.1% | 6 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $285.2K | 6,000 | 0.1% | 4 |
| REGIONS FINANCIAL CORP NEW | [RF](https://holderbook.com/stocks/RF/) | $268.7K | 8,899 | 0.1% | 5 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $260.8K | 620 | 0.1% | 4 |
| FEDERAL RLTY INVT TR NEW | [FRT](https://holderbook.com/stocks/FRT/) | $256.8K | 2,080 | 0.1% | 2 |

## 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 |
|---|---|---|---|---|
| Q2 2026 | +11.0% | +14.8% | -3.8% | 100% |
| Q1 2026 | +5.0% | -4.6% | +9.7% | 99% |
| Q4 2025 | -1.1% | +2.4% | -3.5% | 100% |
| Q3 2025 | +9.9% | +7.8% | +2.1% | 100% |
| Q2 2025 | +4.1% | +10.5% | -6.3% | 100% |
| Q1 2025 | -3.0% | -4.6% | +1.6% | 100% |
| Q4 2024 | -5.7% | +2.1% | -7.9% | 100% |
| Q3 2024 | +9.4% | +5.4% | +4.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $329.5M | 108 |
| Q1 2026 | $293.1M | 103 |
| Q4 2025 | $277.9M | 96 |
| Q3 2025 | $284.2M | 97 |
| Q2 2025 | $258.4M | 95 |
| Q1 2025 | $251.3M | 93 |
| Q4 2024 | $254.0M | 89 |
| Q3 2024 | $276.2M | 91 |
| Q2 2024 | $252.7M | 91 |
| Q1 2024 | $262.0M | 88 |
| Q4 2023 | $325.5M | 87 |
| Q3 2023 | $290.2M | 87 |