# FRONTIER INVESTMENT MGMT CO

> Institutional holdings reported to the SEC as of Q2 2020 on Form 13F. CIK 1316539. Source: https://holderbook.com/funds/1316539-frontier-investment-mgmt-co/

- Reported value: $1.6B
- Positions: 274
- Weight of the ten largest: 38.1%
- Filed: 2020-08-11

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 |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $108.5M | 295,759 | 6.7% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $70.7M | 396,213 | 4.4% | 7 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $65.0M | 336,447 | 4.0% | 7 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $63.4M | 311,285 | 3.9% | 7 |
| FIRST TR EXCHANGE-TRADED FD | [EMLP](https://holderbook.com/stocks/EMLP/) | $60.7M | 3,042,887 | 3.7% | 7 |
| PIONEER NAT RES CO | [PXD](https://holderbook.com/stocks/PXD/) | $58.6M | 600,214 | 3.6% | 7 |
| GAMING & LEISURE P | [GLPI](https://holderbook.com/stocks/GLPI/) | $48.9M | 1,412,099 | 3.0% | 7 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $48.1M | 1,899,678 | 3.0% | 2 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $46.9M | 333,378 | 2.9% | 7 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $45.7M | 1,022,214 | 2.8% | 7 |
| INVESCO EXCHANGE TRADED FD T | [RSPH](https://holderbook.com/stocks/RSPH/) | $43.4M | 195,341 | 2.7% | 2 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $40.0M | 43,373 | 2.5% | 7 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $38.8M | 737,578 | 2.4% | 6 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $38.6M | 346,315 | 2.4% | 7 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $36.1M | 842,855 | 2.2% | 2 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $34.6M | 887,836 | 2.1% | 7 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $29.3M | 244,210 | 1.8% | 7 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $27.7M | 501,805 | 1.7% | 7 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $27.1M | 295,289 | 1.7% | 7 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $25.7M | 1,002,448 | 1.6% | 7 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $24.7M | 257,860 | 1.5% | 2 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $23.4M | 960,499 | 1.4% | 7 |
| GOLUB CAP BDC INC | [GBDC](https://holderbook.com/stocks/GBDC/) | $23.3M | 1,995,912 | 1.4% | 7 |
| ARES CAPITAL CORP | [ARCC](https://holderbook.com/stocks/ARCC/) | $23.1M | 1,601,217 | 1.4% | 7 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $21.1M | 48,434 | 1.3% | 7 |
| INVESCO EXCHANGE TRADED FD T | [RSPM](https://holderbook.com/stocks/RSPM/) | $20.8M | 204,240 | 1.3% | 2 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $19.6M | 532,895 | 1.2% | 3 |
| MERCURY GENL CORP NEW | [MCY](https://holderbook.com/stocks/MCY/) | $18.9M | 463,112 | 1.2% | 7 |
| INTERNATIONAL PAPER CO | [IP](https://holderbook.com/stocks/IP/) | $17.9M | 507,699 | 1.1% | 7 |
| WESTROCK CO | [WRK](https://holderbook.com/stocks/WRK/) | $16.8M | 595,600 | 1.0% | 2 |
| PIMCO ETF TR | [CORP](https://holderbook.com/stocks/CORP/) | $16.8M | 147,071 | 1.0% | 7 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $16.8M | 307,062 | 1.0% | 2 |
| SEAGATE TECHNOLOGY PLC | [STXXXXX](https://holderbook.com/stocks/STXXXXX/) | $16.6M | 342,698 | 1.0% | 2 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $16.4M | 542,223 | 1.0% | 7 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $16.1M | 541,030 | 1.0% | 7 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $15.9M | 101,974 | 1.0% | 7 |
| DOW HLDGS INC | [DOW](https://holderbook.com/stocks/DOW/) | $15.6M | 381,808 | 1.0% | 2 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $14.4M | 233,734 | 0.9% | 1 |
| TEMPLETON GLOBAL INCOME FD | [SABA](https://holderbook.com/stocks/SABA/) | $13.4M | 2,492,422 | 0.8% | 7 |
| VODAFONE GROUP PLC | [VOD](https://holderbook.com/stocks/VOD/) | $13.1M | 824,620 | 0.8% | 2 |
| GENERAL MILLS INC | [GIS](https://holderbook.com/stocks/GIS/) | $13.1M | 211,796 | 0.8% | 7 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $12.6M | 192,259 | 0.8% | 7 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $12.5M | 267,145 | 0.8% | 7 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $12.4M | 32,566 | 0.8% | 7 |
| INDEPENDENT BANK GROUP INC | [IBTX](https://holderbook.com/stocks/IBTX/) | $11.2M | 275,635 | 0.7% | 7 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $10.1M | 261,791 | 0.6% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $9.9M | 3,576 | 0.6% | 7 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $9.9M | 137,143 | 0.6% | 7 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $8.9M | 7,725 | 0.6% | 7 |
| PIMCO ETF TR | [BOND](https://holderbook.com/stocks/BOND/) | $7.1M | 64,010 | 0.4% | 7 |
| KRAFT HEINZ CO | [KHC](https://holderbook.com/stocks/KHC/) | $7.0M | 220,390 | 0.4% | 7 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $6.1M | 25,867 | 0.4% | 7 |
| TWILIO INC | [TWLO](https://holderbook.com/stocks/TWLO/) | $5.2M | 23,802 | 0.3% | 7 |
| PARSLEY ENERGY INC | [PE](https://holderbook.com/stocks/PE/) | $4.9M | 461,965 | 0.3% | 2 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $4.6M | 51,685 | 0.3% | 7 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $4.5M | 18,280 | 0.3% | 2 |
| KFORCE INC | [KFRC](https://holderbook.com/stocks/KFRC/) | $4.3M | 123,474 | 0.3% | 7 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $4.0M | 42,693 | 0.2% | 7 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $3.7M | 116,873 | 0.2% | 6 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $3.5M | 6,050 | 0.2% | 7 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $3.4M | 56,539 | 0.2% | 7 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $3.3M | 8,925 | 0.2% | 7 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $2.9M | 22,847 | 0.2% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.6M | 1,836 | 0.2% | 7 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $2.6M | 34,874 | 0.2% | 7 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $2.4M | 45,735 | 0.1% | 7 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $2.3M | 30,088 | 0.1% | 7 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $2.3M | 69,519 | 0.1% | 7 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.1M | 1,521 | 0.1% | 7 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $2.1M | 15,683 | 0.1% | 7 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $2.1M | 20,917 | 0.1% | 7 |
| COMMERCIAL METALS CO | [CMC](https://holderbook.com/stocks/CMC/) | $1.9M | 92,878 | 0.1% | 7 |
| SPROTT ASSET MANAGEMENT LP | [PHYS](https://holderbook.com/stocks/PHYS/) | $1.9M | 131,560 | 0.1% | 7 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $1.9M | 59,502 | 0.1% | 7 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.6M | 6,518 | 0.1% | 7 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.6M | 13,652 | 0.1% | 7 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.6M | 8,816 | 0.1% | 7 |
| MERIT MED SYS INC | [MMSI](https://holderbook.com/stocks/MMSI/) | $1.6M | 34,650 | 0.1% | 3 |
| EVERFORTH INC | [EFOR](https://holderbook.com/stocks/EFOR/) | $1.5M | 23,000 | 0.1% | 2 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.5M | 63,181 | 0.1% | 7 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.5M | 1,375 | 0.1% | 7 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $1.5M | 15,545 | 0.1% | 2 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $1.4M | 43,586 | 0.1% | 7 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $1.3M | 29,142 | 0.1% | 7 |
| UNIVERSAL INS HLDGS INC | [UVE](https://holderbook.com/stocks/UVE/) | $1.3M | 72,000 | 0.1% | 7 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $1.2M | 13,575 | 0.1% | 7 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $1.2M | 9,369 | 0.1% | 1 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $1.2M | 2,605 | 0.1% | 7 |
| SPDR SERIES TRUST | [SPIB](https://holderbook.com/stocks/SPIB/) | $1.2M | 31,662 | 0.1% | 7 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $1.1M | 28,854 | 0.1% | 7 |
| ALPS ETF TR | [SDOG](https://holderbook.com/stocks/SDOG/) | $1.1M | 31,391 | 0.1% | 7 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $1.1M | 4,123 | 0.1% | 2 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $1.1M | 17,833 | 0.1% | 7 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.1M | 24,523 | 0.1% | 7 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $1.1M | 12,329 | 0.1% | 3 |
| ADVISORSHARES TR | [HDGEXXXX](https://holderbook.com/stocks/HDGEXXXX/) | $1.1M | 218,270 | 0.1% | 2 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $1.0M | 147,311 | 0.1% | 7 |
| SPDR SERIES TRUST | [SLYV](https://holderbook.com/stocks/SLYV/) | $1.0M | 21,362 | 0.1% | 7 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $1.0M | 10,260 | 0.1% | 2 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $1.0M | 5,560 | 0.1% | 3 |

## 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 2020 | +15.9% | +19.6% | -3.7% | 100% |
| Q1 2020 | -24.3% | -19.9% | -4.4% | 89% |
| Q4 2019 | +6.9% | +8.5% | -1.5% | 89% |
| Q3 2019 | +0.1% | +1.3% | -1.2% | 89% |
| Q2 2019 | +2.9% | +3.7% | -0.9% | 85% |
| Q1 2019 | +11.0% | +13.0% | -2.1% | 84% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2020 | $1.6B | 274 |
| Q1 2020 | $1.3B | 257 |
| Q4 2019 | $1.7B | 317 |
| Q3 2019 | $1.6B | 285 |
| Q2 2019 | $1.5B | 267 |
| Q1 2019 | $1.6B | 253 |
| Q4 2018 | $1.4B | 239 |