Guardian Investment Management
TIBURON, CA
$155m in 60 US stocks at the end of 30 June 2026. The top 10 are 58.3% of the money. It changed about 13.5% of the portfolio this quarter.
Value
$155m
Stocks
60
Top 10 share
58.3%
Turnover
13.5%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
- DanaherDHR12.6% of the fund+53%
- BlackstoneBX10.3% of the fund+71%
- Amazon.comAMZN1.5% of the fund+3%
- KKRKKR1.1% of the fund+11%
- Barrick MiningB0.8% of the fund+246%
- Goldman Sachs GroupGS0.8% of the fund+7%
- RTXRTX0.4% of the fund+67%
- Home DepotHD0.4% of the fund+6%
- MP MaterialsMP0.3% of the fund+26%
- Goodyear Tire & RubberGT0.3% of the fund+40%
- Duke EnergyDUK0.2% of the fund+7%
Cut
Sold some of their stake.
- AmgenAMGN3.8% of the fund-3%
- Archer-Daniels-MidlandADM3.3% of the fund-2%
- Costco WholesaleCOST2.8% of the fund-5%
- QuantumScapeQS2.5% of the fund-3%
- IntelINTC2.4% of the fund-5%
- WalmartWMT2.4% of the fund-10%
- AbbVieABBV2.0% of the fund-12%
- Bank of AmericaBAC1.8% of the fund-9%
- Micron TechnologyMU1.4% of the fund-25%
- JPMorgan ChaseJPM1.3% of the fund-11%
- Johnson & JohnsonJNJ1.3% of the fund-53%
- Illinois Tool WorksITW1.0% of the fund-6%
- AlphabetGOOGL0.9% of the fund-5%
- Procter & GamblePG0.8% of the fund-16%
- Texas InstrumentsTXN0.7% of the fund-14%
- AT&TT0.4% of the fund-8%
- Mondelez InternationalMDLZ0.3% of the fund-15%
- Bristol-Myers SquibbBMY0.3% of the fund-3%
- ComcastCMCSA0.3% of the fund-38%
- Norfolk SouthernNSC0.2% of the fund-12%
- 3MMMM0.2% of the fund-79%
- PfizerPFE0.1% of the fund-14%
- Paramount SkydancePSKY<0.1% of the fund-29%
Sold out
Sold their entire stake.
None this quarter.
Holdings
- Barrick MiningB
- Share
- 0.8%
- Value
- $1m
- Shares
- 35,000
+246%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AppleAAPL | 14.7% | $23m | 78,541 | Held |
| DanaherDHR | 12.6% | $19m | 97,372 | +53% |
| BlackstoneBX | 10.3% | $16m | 135,500 | +71% |
| AmgenAMGN | 3.8% | $6m | 16,205 | -3% |
| CaterpillarCAT | 3.3% | $5m | 4,800 | Held |
| Archer-Daniels-MidlandADM | 3.3% | $5m | 8,750 | -2% |
| Costco WholesaleCOST | 2.8% | $4m | 4,635 | -5% |
| General ElectricGE | 2.7% | $4m | 11,159 | Held |
| QuantumScapeQS | 2.5% | $4m | 38,650 | -3% |
| IntelINTC | 2.4% | $4m | 26,975 | -5% |
| MicrosoftMSFT | 2.4% | $4m | 9,963 | Held |
| WalmartWMT | 2.4% | $4m | 32,200 | -10% |
| ChevronCVX | 2.2% | $3m | 20,190 | Held |
| GE VernovaGEV | 2.0% | $3m | 2,663 | Held |
| AbbVieABBV | 2.0% | $3m | 12,425 | -12% |
| Bank of AmericaBAC | 1.8% | $3m | 49,770 | -9% |
| CSXCSX | 1.5% | $2m | 49,295 | Held |
| Amazon.comAMZN | 1.5% | $2m | 9,506 | +3% |
| Applied MaterialsAMAT | 1.4% | $2m | 3,020 | Held |
| Micron TechnologyMU | 1.4% | $2m | 1,837 | -25% |
| Cisco SystemsCSCO | 1.3% | $2m | 17,645 | Held |
| JPMorgan ChaseJPM | 1.3% | $2m | 6,210 | -11% |
| BoeingBA | 1.3% | $2m | 9,350 | Held |
| Johnson & JohnsonJNJ | 1.3% | $2m | 7,907 | -53% |
| ExxonMobil HoldingsXOM | 1.1% | $2m | 12,829 | Held |
| KKRKKR | 1.1% | $2m | 16,144 | +11% |
| Illinois Tool WorksITW | 1.0% | $2m | 5,800 | -6% |
| American ExpressAXP | 1.0% | $2m | 4,492 | Held |
| Berkshire HathawayBRK-B | 0.9% | $1m | 2,888 | Held |
| AlphabetGOOGL | 0.9% | $1m | 3,609 | -5% |
| Procter & GamblePG | 0.8% | $1m | 8,685 | -16% |
| CitigroupC | 0.8% | $1m | 9,095 | Held |
| Barrick MiningB | 0.8% | $1m | 35,000 | +246% |
| Goldman Sachs GroupGS | 0.8% | $1m | 1,293 | +7% |
| BiogenBIIB | 0.8% | $1m | 5,500 | Held |
| Texas InstrumentsTXN | 0.7% | $1m | 3,860 | -14% |
| DeereDE | 0.7% | $1m | 1,598 | Held |
| Warner Bros. DiscoveryWBD | 0.6% | $926,435 | 34,750 | Held |
| RTXRTX | 0.4% | $665,952 | 3,510 | +67% |
| PJT PartnersPJT | 0.4% | $644,045 | 4,267 | Held |
| AT&TT | 0.4% | $564,904 | 27,290 | -8% |
| Home DepotHD | 0.4% | $553,708 | 1,570 | +6% |
| Mondelez InternationalMDLZ | 0.3% | $484,472 | 8,376 | -15% |
| Emerson ElectricEMR | 0.3% | $484,299 | 3,383 | Held |
| Abbott LaboratoriesABT | 0.3% | $476,385 | 5,250 | Held |
| Gilead SciencesGILD | 0.3% | $473,775 | 3,750 | Held |
| PepsiCoPEP | 0.3% | $453,590 | 3,350 | Held |
| Bristol-Myers SquibbBMY | 0.3% | $420,826 | 7,300 | -3% |
| VisaV | 0.3% | $409,306 | 1,193 | Held |
| International Business MachinesIBM | 0.3% | $407,755 | 1,450 | Held |
| MP MaterialsMP | 0.3% | $406,073 | 7,250 | +26% |
| Goodyear Tire & RubberGT | 0.3% | $397,980 | 60,300 | +40% |
| ComcastCMCSA | 0.3% | $392,980 | 16,000 | -38% |
| Norfolk SouthernNSC | 0.2% | $377,508 | 1,200 | -12% |
| 3MMMM | 0.2% | $323,820 | 2,000 | -79% |
| Duke EnergyDUK | 0.2% | $308,729 | 2,439 | +7% |
| United Parcel ServiceUPS | 0.2% | $294,106 | 2,736 | Held |
| Northrop GrummanNOC | 0.2% | $280,121 | 550 | Held |
| PfizerPFE | 0.1% | $226,761 | 9,417 | -14% |
| Paramount SkydancePSKY | <0.1% | $150,365 | 15,250 | -29% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 55.9% since 30 June 2025.
Where the money is
Technology27.1%
Health care21.5%
Financial services18.7%
Industrials14.1%
Everyday goods9.9%
Energy3.3%
Media & telecom2.2%
Retail & consumer1.8%
Materials1.3%
Utilities0.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.