SWP Investment Management
INDEPENDENCE, OHfiles as SWP Investment Management LLC
$145m in 43 US stocks at the end of 30 June 2026. The top 10 are 35.3% of the money. It changed about 16.1% of the portfolio this quarter.
Value
$145m
Stocks
43
Top 10 share
35.3%
Turnover
16.1%
What changed this quarter
New
Bought for the first time this quarter.
- Red Rock ResortsRRR1.9% of the fund
- WalmartWMT1.8% of the fund
- ProgressivePGR1.7% of the fund
- Turning Point BrandsTPB1.5% of the fund
Added
Bought more of a stock they already held.
- MicrosoftMSFT5.4% of the fund+4%
- AppleAAPL4.2% of the fund+4%
- BroadcomAVGO4.1% of the fund+4%
- International Business MachinesIBM3.3% of the fund+4%
- Meta PlatformsMETA3.2% of the fund+50%
- United RentalsURI2.9% of the fund+4%
- Philip Morris InternationalPM2.8% of the fund+4%
- OracleORCL2.8% of the fund+4%
- PrologisPLD2.7% of the fund+4%
- JPMorgan ChaseJPM2.7% of the fund+4%
- CitigroupC2.5% of the fund+4%
- Goldman Sachs GroupGS2.4% of the fund+4%
- Eli LillyLLY2.4% of the fund+4%
- AbbVieABBV2.3% of the fund+4%
- American ExpressAXP2.3% of the fund+4%
- Taiwan Semiconductor ManufacturingTSM2.3% of the fund+4%
- Emerson ElectricEMR2.3% of the fund+4%
- TJX CompaniesTJX2.3% of the fund+4%
- Delta Air LinesDAL2.2% of the fund+46%
- NextEra EnergyNEE2.2% of the fund+4%
- RTXRTX2.2% of the fund+4%
- BlackstoneBX2.1% of the fund+4%
- AstrazenecaAZN2.1% of the fund+4%
- PNC Financial Services GroupPNC2.0% of the fund+4%
- CencoraCOR2.0% of the fund+4%
Cut
Sold some of their stake.
- AlphabetGOOGL3.8% of the fund-17%
Sold out
Sold their entire stake.
- STMicroelectronicsSTM-100%
- Toll BrothersTOL-100%
- United Parcel ServiceUPS-100%
- Toyota MotorTM-100%
- FlowserveFLS-100%
- Silicon Motion TechnologySIMO-100%
- SalesforceCRM-100%
Holdings
- CamecoCCJ
- Share
- 1.4%
- Value
- $2m
- Shares
- 20,000
+57%
- Canadian Natural ResourcesCNQ
- Share
- 1.1%
- Value
- $2m
- Shares
- 40,254
+4%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| MicrosoftMSFT | 5.4% | $8m | 21,041 | +4% |
| AppleAAPL | 4.2% | $6m | 21,036 | +4% |
| BroadcomAVGO | 4.1% | $6m | 15,760 | +4% |
| AlphabetGOOGL | 3.8% | $5m | 15,255 | -17% |
| International Business MachinesIBM | 3.3% | $5m | 17,129 | +4% |
| Meta PlatformsMETA | 3.2% | $5m | 8,124 | +50% |
| United RentalsURI | 2.9% | $4m | 3,742 | +4% |
| Philip Morris InternationalPM | 2.8% | $4m | 22,755 | +4% |
| OracleORCL | 2.8% | $4m | 27,273 | +4% |
| PrologisPLD | 2.7% | $4m | 29,236 | +4% |
| JPMorgan ChaseJPM | 2.7% | $4m | 12,012 | +4% |
| CitigroupC | 2.5% | $4m | 25,393 | +4% |
| Goldman Sachs GroupGS | 2.4% | $4m | 3,484 | +4% |
| Eli LillyLLY | 2.4% | $3m | 2,857 | +4% |
| AbbVieABBV | 2.3% | $3m | 13,423 | +4% |
| American ExpressAXP | 2.3% | $3m | 9,908 | +4% |
| Taiwan Semiconductor ManufacturingTSM | 2.3% | $3m | 7,006 | +4% |
| Emerson ElectricEMR | 2.3% | $3m | 23,284 | +4% |
| TJX CompaniesTJX | 2.3% | $3m | 21,697 | +4% |
| Delta Air LinesDAL | 2.2% | $3m | 33,930 | +46% |
| NextEra EnergyNEE | 2.2% | $3m | 35,856 | +4% |
| RTXRTX | 2.2% | $3m | 16,442 | +4% |
| BlackstoneBX | 2.1% | $3m | 26,373 | +4% |
| AstrazenecaAZN | 2.1% | $3m | 16,095 | +4% |
| PNC Financial Services GroupPNC | 2.0% | $3m | 11,767 | +4% |
| CencoraCOR | 2.0% | $3m | 10,059 | +4% |
| Booking HoldingsBKNG | 1.9% | $3m | 15,715 | +43% |
| Red Rock ResortsRRR | 1.9% | $3m | 42,763 | New |
| BlackRockBLK | 1.9% | $3m | 2,888 | +4% |
| Freeport-McMoRanFCX | 1.9% | $3m | 43,231 | +4% |
| MedtronicMDT | 1.9% | $3m | 34,393 | +4% |
| Union PacificUNP | 1.8% | $3m | 9,720 | +4% |
| WalmartWMT | 1.8% | $3m | 22,850 | New |
| Darden RestaurantsDRI | 1.7% | $3m | 12,288 | +4% |
| ProgressivePGR | 1.7% | $2m | 11,403 | New |
| Digital Realty TrustDLR | 1.7% | $2m | 13,784 | +46% |
| Becton DickinsonBDX | 1.7% | $2m | 16,200 | +52% |
| Dick's Sporting GoodsDKS | 1.7% | $2m | 10,789 | +4% |
| Turning Point BrandsTPB | 1.5% | $2m | 25,630 | New |
| EnbridgeENB | 1.5% | $2m | 39,246 | +4% |
| CamecoCCJ | 1.4% | $2m | 20,000 | +57% |
| Baker HughesBKR | 1.3% | $2m | 34,877 | +4% |
| Canadian Natural ResourcesCNQ | 1.1% | $2m | 40,254 | +4% |
Over time and by industry
Value over time
Dec '25
Jun '26
Value is up 42.3% since 30 September 2025.
Where the money is
Technology22.1%
Financial services17.7%
Health care12.3%
Industrials11.4%
Retail & consumer9.6%
Media & telecom6.9%
Everyday goods6.1%
Real estate4.4%
Energy3.9%
Materials3.3%
Utilities2.2%
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.