# Martin Investment Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1511888. Source: https://holderbook.com/funds/1511888-martin-investment-management-llc/

- Reported value: $299.6M
- Positions: 47
- Weight of the ten largest: 58.1%
- Filed: 2026-07-17

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 |
|---|---|---|---|---|---|
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $24.6M | 157,179 | 8.2% | 30 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $24.0M | 126,555 | 8.0% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $19.5M | 67,514 | 6.5% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $18.1M | 50,682 | 6.0% | 31 |
| SONY GROUP CORP | [SONY](https://holderbook.com/stocks/SONY/) | $17.4M | 869,290 | 5.8% | 30 |
| TOYOTA MOTOR CORP | [TM](https://holderbook.com/stocks/TM/) | $16.7M | 98,860 | 5.6% | 31 |
| DEUTSCHE BK AG | [DB](https://holderbook.com/stocks/DB/) | $15.6M | 461,285 | 5.2% | 3 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $15.2M | 29,653 | 5.1% | 31 |
| STANTEC INC | [STN](https://holderbook.com/stocks/STN/) | $12.3M | 178,427 | 4.1% | 2 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $10.5M | 31,174 | 3.5% | 31 |
| WABTEC | [WAB](https://holderbook.com/stocks/WAB/) | $10.5M | 39,048 | 3.5% | 11 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $9.5M | 53,125 | 3.2% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $9.4M | 18,834 | 3.1% | 31 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $8.4M | 28,855 | 2.8% | 28 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $8.2M | 33,704 | 2.7% | 11 |
| CBOE GLOBAL MKTS INC | [CBOE](https://holderbook.com/stocks/CBOE/) | $7.7M | 31,863 | 2.6% | 8 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $7.1M | 14,252 | 2.4% | 31 |
| NXP SEMICONDUCTORS N V | [NXPI](https://holderbook.com/stocks/NXPI/) | $7.1M | 25,400 | 2.4% | 27 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $6.3M | 26,181 | 2.1% | 18 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $5.9M | 1,861 | 2.0% | 9 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $5.9M | 46,280 | 2.0% | 13 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $5.6M | 17,782 | 1.9% | 31 |
| APTIV PLC | [APTV](https://holderbook.com/stocks/APTV/) | $4.7M | 76,325 | 1.6% | 3 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $3.8M | 40,828 | 1.3% | 1 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $3.8M | 11,264 | 1.3% | 14 |
| LEIDOS HOLDINGS INC | [LDOS](https://holderbook.com/stocks/LDOS/) | $3.6M | 34,735 | 1.2% | 5 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $2.7M | 13,218 | 0.9% | 11 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.5M | 12,709 | 0.8% | 14 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $2.3M | 18,651 | 0.8% | 31 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $2.0M | 38,747 | 0.7% | 3 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $1.2M | 600 | 0.4% | 21 |
| VERSIGENT PLC | [VGNT](https://holderbook.com/stocks/VGNT/) | $1.1M | 25,416 | 0.4% | 1 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $890.7K | 1,865 | 0.3% | 25 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $701.5K | 5,131 | 0.2% | 9 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $680.5K | 1,926 | 0.2% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $603.9K | 1,619 | 0.2% | 30 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $558.7K | 2,344 | 0.2% | 25 |
| AON PLC | [AON](https://holderbook.com/stocks/AON/) | $351.6K | 1,060 | 0.1% | 19 |
| J P MORGAN EXCHANGE TRADED F | [JPLD](https://holderbook.com/stocks/JPLD/) | $318.0K | 6,093 | 0.1% | 4 |
| HALEON PLC | [HLN](https://holderbook.com/stocks/HLN/) | $309.5K | 33,170 | 0.1% | 11 |
| J P MORGAN EXCHANGE TRADED F | [JCPB](https://holderbook.com/stocks/JCPB/) | $287.0K | 6,114 | 0.1% | 4 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $258.0K | 2,350 | 0.1% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $255.0K | 675 | 0.1% | 5 |
| RELX PLC | [RELX](https://holderbook.com/stocks/RELX/) | $247.5K | 7,815 | 0.1% | 22 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $230.1K | 246 | 0.1% | 25 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $227.3K | 2,906 | 0.1% | 31 |
| MONOPAR THERAPEUTICS INC | [MNPR](https://holderbook.com/stocks/MNPR/) | $215.5K | 2,327 | 0.1% | 1 |

## 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 | -2.0% | +14.8% | -16.8% | 100% |
| Q1 2026 | -6.0% | -4.6% | -1.4% | 100% |
| Q4 2025 | +1.6% | +2.4% | -0.8% | 100% |
| Q3 2025 | +2.1% | +7.8% | -5.7% | 100% |
| Q2 2025 | +1.9% | +10.5% | -8.5% | 100% |
| Q1 2025 | +2.4% | -4.6% | +7.0% | 100% |
| Q4 2024 | -4.1% | +2.1% | -6.2% | 100% |
| Q3 2024 | +2.9% | +5.4% | -2.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $299.6M | 47 |
| Q1 2026 | $334.1M | 46 |
| Q4 2025 | $357.4M | 49 |
| Q3 2025 | $393.5M | 51 |
| Q2 2025 | $390.1M | 49 |
| Q1 2025 | $396.4M | 50 |
| Q4 2024 | $364.3M | 48 |
| Q3 2024 | $408.4M | 49 |
| Q2 2024 | $389.7M | 48 |
| Q1 2024 | $407.1M | 48 |
| Q4 2023 | $335.6M | 48 |
| Q3 2023 | $333.7M | 48 |