Stack Financial Management
WHITEFISH, MTfiles as Stack Financial Management, Inc
$1.3bn in 54 US stocks at the end of 30 June 2026. The top 10 are 46.5% of the money. It changed about 8.0% of the portfolio this quarter.
Value
$1.3bn
Stocks
54
Top 10 share
46.5%
Turnover
8.0%
What changed this quarter
New
Bought for the first time this quarter.
- AbbVieABBV2.3% of the fund
- AccentureACN0.8% of the fund
- IntelINTC<0.1% of the fund
- Invesco Exchange Traded FD TRSP<0.1% of the fund
Added
Bought more of a stock they already held.
- Johnson & JohnsonJNJ2.1% of the fund+2%
- Lockheed MartinLMT1.8% of the fund+3%
- DoverDOV1.3% of the fund+2%
- Select Sector Spdr TRXLU<0.1% of the fund+6%
Cut
Sold some of their stake.
- Proshares TRSH7.2% of the fund-27%
- Quanta ServicesPWR5.2% of the fund-29%
- Vaneck ETF TrustGDX<0.1% of the fund-36%
- Agnico Eagle MinesAEM<0.1% of the fund-96%
- Select Sector Spdr TRXLI<0.1% of the fund-15%
- Select Sector Spdr TRXLE<0.1% of the fund-13%
- Select Sector Spdr TRXLV<0.1% of the fund-20%
Sold out
Sold their entire stake.
- NewmontNEM-100%
- Select Sector Spdr TRXLP-100%
Holdings
- Proshares TRSH
- Share
- 7.2%
- Value
- $92m
- Shares
- 2,776,433
-27%
- Wheaton Precious MetalsWPM
- Share
- 2.4%
- Value
- $30m
- Shares
- 268,144
Held
- Cboe Global MktsCBOE
- Share
- 1.9%
- Value
- $25m
- Shares
- 102,087
Held
- State STR Spdr S&P 500 ETF TSPY
- Share
- <0.1%
- Value
- $1m
- Shares
- 1,598
Held
- Vaneck ETF TrustGDX
- Share
- <0.1%
- Value
- $637,190
- Shares
- 8,445
-36%
- Agnico Eagle MinesAEM
- Share
- <0.1%
- Value
- $398,374
- Shares
- 2,568
-96%
- Select Sector Spdr TRXLI
- Share
- <0.1%
- Value
- $317,762
- Shares
- 1,715
-15%
- Invesco Exchange Traded FD TRSP
- Share
- <0.1%
- Value
- $278,516
- Shares
- 1,309
New
- Select Sector Spdr TRXLU
- Share
- <0.1%
- Value
- $240,801
- Shares
- 5,311
+6%
- Select Sector Spdr TRXLE
- Share
- <0.1%
- Value
- $236,659
- Shares
- 4,456
-13%
- Select Sector Spdr TRXLV
- Share
- <0.1%
- Value
- $225,774
- Shares
- 1,423
-20%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| WalmartWMT | 9.0% | $115m | 1,014,994 | Held |
| Proshares TRSH | 7.2% | $92m | 2,776,433 | -27% |
| MicrosoftMSFT | 5.5% | $70m | 187,635 | Held |
| Quanta ServicesPWR | 5.2% | $67m | 92,624 | -29% |
| Berkshire HathawayBRK-B | 4.7% | $60m | 119,231 | Held |
| ChevronCVX | 3.4% | $44m | 263,390 | Held |
| L3harris TechnologiesLHX | 3.2% | $41m | 142,143 | Held |
| American Electric PowerAEP | 3.0% | $39m | 281,488 | Held |
| Phillips 66PSX | 2.8% | $36m | 214,827 | Held |
| Waste ManagementWM | 2.5% | $32m | 145,573 | Held |
| Centerpoint EnergyCNP | 2.5% | $32m | 718,069 | Held |
| Wheaton Precious MetalsWPM | 2.4% | $30m | 268,144 | Held |
| AbbVieABBV | 2.3% | $29m | 115,754 | New |
| MerckMRK | 2.1% | $27m | 212,862 | Held |
| NextEra EnergyNEE | 2.1% | $27m | 311,320 | Held |
| Johnson & JohnsonJNJ | 2.1% | $27m | 104,884 | +2% |
| Coca-ColaKO | 2.0% | $26m | 320,898 | Held |
| EOG ResourcesEOG | 2.0% | $25m | 192,975 | Held |
| Cboe Global MktsCBOE | 1.9% | $25m | 102,087 | Held |
| PaccarPCAR | 1.9% | $25m | 206,102 | Held |
| Cardinal HealthCAH | 1.9% | $25m | 103,893 | Held |
| Duke EnergyDUK | 1.9% | $24m | 192,456 | Held |
| United Parcel ServiceUPS | 1.9% | $24m | 221,493 | Held |
| StrykerSYK | 1.8% | $23m | 72,644 | Held |
| Lockheed MartinLMT | 1.8% | $22m | 44,145 | +3% |
| Emerson ElectricEMR | 1.7% | $22m | 150,577 | Held |
| Cigna GroupCI | 1.6% | $20m | 73,053 | Held |
| Labcorp HoldingsLH | 1.6% | $20m | 71,755 | Held |
| AT&TT | 1.5% | $20m | 952,866 | Held |
| Mondelez InternationalMDLZ | 1.5% | $19m | 330,702 | Held |
| Crown HoldingsCCK | 1.5% | $19m | 170,453 | Held |
| ConocoPhillipsCOP | 1.4% | $19m | 178,676 | Held |
| AmerenAEE | 1.4% | $18m | 156,114 | Held |
| DTE EnergyDTE | 1.3% | $17m | 113,354 | Held |
| DoverDOV | 1.3% | $17m | 76,938 | +2% |
| Baker HughesBKR | 1.2% | $16m | 287,884 | Held |
| PepsiCoPEP | 1.2% | $16m | 117,752 | Held |
| DanaherDHR | 1.1% | $15m | 76,898 | Held |
| MedtronicMDT | 1.1% | $14m | 178,117 | Held |
| Procter & GamblePG | 1.1% | $14m | 94,993 | Held |
| Union PacificUNP | 1.1% | $14m | 51,003 | Held |
| AccentureACN | 0.8% | $10m | 79,193 | New |
| AppleAAPL | 0.1% | $2m | 5,487 | Held |
| State STR Spdr S&P 500 ETF TSPY | <0.1% | $1m | 1,598 | Held |
| Vaneck ETF TrustGDX | <0.1% | $637,190 | 8,445 | -36% |
| AlphabetGOOGL | <0.1% | $533,554 | 1,493 | Held |
| AlphabetGOOG | <0.1% | $466,749 | 1,321 | Held |
| IntelINTC | <0.1% | $399,063 | 2,858 | New |
| Agnico Eagle MinesAEM | <0.1% | $398,374 | 2,568 | -96% |
| Select Sector Spdr TRXLI | <0.1% | $317,762 | 1,715 | -15% |
| Invesco Exchange Traded FD TRSP | <0.1% | $278,516 | 1,309 | New |
| Select Sector Spdr TRXLU | <0.1% | $240,801 | 5,311 | +6% |
| Select Sector Spdr TRXLE | <0.1% | $236,659 | 4,456 | -13% |
| Select Sector Spdr TRXLV | <0.1% | $225,774 | 1,423 | -20% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 13.2% since 30 June 2025.
Where the money is
Industrials20.6%
Health care15.6%
Everyday goods14.8%
Utilities12.2%
Energy10.9%
Technology6.4%
Financial services4.7%
Materials3.9%
Media & telecom1.6%
Other9.3%
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.