# GUARDIAN INVESTMENT MANAGEMENT

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1365474. Source: https://holderbook.com/funds/1365474-guardian-investment-management/

- Reported value: $154.9M
- Positions: 60
- Weight of the ten largest: 58.3%
- Filed: 2026-07-20

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/) | $22.7M | 78,541 | 14.7% | 31 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $19.5M | 97,372 | 12.6% | 9 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $15.9M | 135,500 | 10.3% | 4 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $5.9M | 16,205 | 3.8% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $5.1M | 4,800 | 3.3% | 18 |
| ARCHER DANIELS MIDLAND CO | [ADM](https://holderbook.com/stocks/ADM/) | $5.1M | 8,750 | 3.3% | 6 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $4.3M | 4,635 | 2.8% | 17 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $4.2M | 11,159 | 2.7% | 18 |
| QUANTUMSCAPE CORP | [QS](https://holderbook.com/stocks/QS/) | $3.8M | 38,650 | 2.5% | 20 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $3.8M | 26,975 | 2.4% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $3.7M | 9,963 | 2.4% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $3.6M | 32,200 | 2.4% | 30 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $3.3M | 20,190 | 2.2% | 31 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $3.1M | 2,663 | 2.0% | 7 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $3.1M | 12,425 | 2.0% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $2.8M | 49,770 | 1.8% | 31 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $2.3M | 49,295 | 1.5% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.3M | 9,506 | 1.5% | 10 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $2.2M | 3,020 | 1.4% | 8 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $2.1M | 1,837 | 1.4% | 4 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $2.1M | 17,645 | 1.3% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.0M | 6,210 | 1.3% | 31 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $2.0M | 9,350 | 1.3% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.0M | 7,907 | 1.3% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.8M | 12,829 | 1.1% | 31 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $1.6M | 16,144 | 1.1% | 26 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $1.6M | 5,800 | 1.0% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $1.5M | 4,492 | 1.0% | 4 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.4M | 2,888 | 0.9% | 22 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.4M | 3,609 | 0.9% | 4 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.3M | 8,685 | 0.8% | 31 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $1.3M | 9,095 | 0.8% | 31 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $1.3M | 35,000 | 0.8% | 4 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $1.2M | 1,293 | 0.8% | 4 |
| BIOGEN INC | [BIIB](https://holderbook.com/stocks/BIIB/) | $1.2M | 5,500 | 0.8% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $1.2M | 3,860 | 0.7% | 20 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $1.0M | 1,598 | 0.7% | 30 |
| WARNER BROS DISCOVERY INC | [WBD](https://holderbook.com/stocks/WBD/) | $926.4K | 34,750 | 0.6% | 17 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $666.0K | 3,510 | 0.4% | 2 |
| PJT PARTNERS INC | [PJT](https://holderbook.com/stocks/PJT/) | $644.0K | 4,267 | 0.4% | 4 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $564.9K | 27,290 | 0.4% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $553.7K | 1,570 | 0.4% | 16 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $484.5K | 8,376 | 0.3% | 31 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $484.3K | 3,383 | 0.3% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $476.4K | 5,250 | 0.3% | 31 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $473.8K | 3,750 | 0.3% | 23 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $453.6K | 3,350 | 0.3% | 27 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $420.8K | 7,300 | 0.3% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $409.3K | 1,193 | 0.3% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $407.8K | 1,450 | 0.3% | 28 |
| MP MATERIALS CORP | [MP](https://holderbook.com/stocks/MP/) | $406.1K | 7,250 | 0.3% | 4 |
| GOODYEAR TIRE & RUBR CO | [GT](https://holderbook.com/stocks/GT/) | $398.0K | 60,300 | 0.3% | 28 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $393.0K | 16,000 | 0.3% | 31 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $377.5K | 1,200 | 0.2% | 4 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $323.8K | 2,000 | 0.2% | 31 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $308.7K | 2,439 | 0.2% | 2 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $294.1K | 2,736 | 0.2% | 2 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $280.1K | 550 | 0.2% | 2 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $226.8K | 9,417 | 0.1% | 31 |
| PARAMOUNT SKYDANCE CORP | [PSKY](https://holderbook.com/stocks/PSKY/) | $150.4K | 15,250 | 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 2026 | +12.2% | +14.8% | -2.6% | 100% |
| Q1 2026 | -3.5% | -4.6% | +1.1% | 100% |
| Q4 2025 | +5.9% | +2.4% | +3.6% | 98% |
| Q3 2025 | +9.0% | +7.8% | +1.2% | 102% |
| Q2 2025 | +2.4% | +10.5% | -8.0% | 106% |
| Q1 2025 | -3.8% | -4.6% | +0.7% | 105% |
| Q4 2024 | -0.9% | +2.1% | -3.0% | 108% |
| Q3 2024 | +5.0% | +5.4% | -0.4% | 106% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $154.9M | 60 |
| Q1 2026 | $126.7M | 60 |
| Q4 2025 | $128.3M | 56 |
| Q3 2025 | $117.6M | 55 |
| Q2 2025 | $99.4M | 51 |
| Q1 2025 | $118.8M | 57 |
| Q4 2024 | $140.1M | 57 |
| Q3 2024 | $116.1M | 55 |
| Q2 2024 | $139.8M | 56 |
| Q1 2024 | $124.4M | 54 |
| Q4 2023 | $118.7M | 56 |
| Q3 2023 | $110.0M | 53 |