LATHROP INVESTMENT MANAGEMENT CO
Long book
$534.3M
Q1 2026
Positions
83
Top-10 weight
37%
concentration
Last quarter
+7.0%
SPY +14.8%
Turnover
5%
of book per quarter
Strategy in plain words
auto-generated from filingsLATHROP INVESTMENT MANAGEMENT CO is a diversified fundamental manager, running a $534.3M US long book across 83 positions.
The portfolio is moderately concentrated (top 10 ≈ 37% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: WALMART INC, ANALOG DEVICES INC, KINDER MORGAN INC, RTX CORP, EXXON MOBIL CORP.
Over the last 9 quarters its long book ran on average 1.5pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.4%
Q2 2024
+6.7%
Q3 2024
-0.8%
Q4 2024
-1.9%
Q1 2025
+9.0%
Q2 2025
+5.0%
Q3 2025
+2.4%
Q4 2025
-1.2%
Q1 2026
+7.0%
Sector allocation
Technology 25%
Industrials 22%
Financials 12%
Healthcare 11%
Consumer discretionary 8%
Energy 6%
Utilities 4%
Other 4%
Long book by quarter
What does LATHROP INVESTMENT own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| WMT WALMART INC | Consumer discretionary | 223.8K | $27.8M | 5.2% | -10.4% |
| ADI ANALOG DEVICES INC | Technology | 65.6K | $20.9M | 3.9% | -3.4% |
| KMI KINDER MORGAN INC | Utilities | 607.7K | $20.4M | 3.8% | -4.1% |
| RTX RTX CORP | Industrials | 104.4K | $20.1M | 3.8% | -8.3% |
| XOM EXXON MOBIL CORP | Energy | 114.5K | $19.4M | 3.6% | +4.1% |
| LH LABCORP HOLDINGS INC | Healthcare | 69.4K | $18.5M | 3.5% | -0.1% |
| MSFT MICROSOFT CORP | Technology | 49.5K | $18.3M | 3.4% | -3.7% |
| AAPL APPLE INC | Technology | 70.0K | $17.8M | 3.3% | -0.5% |
| MLM MARTIN MARIETTA MATERIALS | Materials | 29.8K | $17.5M | 3.3% | -3.5% |
| KEX KIRBY CORP | Industrials | 130.3K | $17.3M | 3.2% | +1.2% |
| JCI JOHNSON CONTROLS INTERNATION | Industrials | 131.4K | $17.2M | 3.2% | -1.8% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 182.4K | $17.1M | 3.2% | +0.1% |
| CSCO CISCO SYSTEMS INC | Technology | 220.7K | $17.1M | 3.2% | -1.5% |
| J JACOBS SOLUTIONS INC | Industrials | 125.3K | $15.9M | 3.0% | -0.4% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 30.8K | $15.1M | 2.8% | +1.3% |
| SYK STRYKER CORP | Healthcare | 43.4K | $14.3M | 2.7% | -2.3% |
| AYI ACUITY INC | Industrials | 48.6K | $13.6M | 2.5% | -2.3% |
| MKL MARKEL GROUP INC | Financials | 7.0K | $13.5M | 2.5% | -2.0% |
| ALC ALCON INC | Healthcare | 176.9K | $13.3M | 2.5% | +7.8% |
| TER TERADYNE INC | Technology | 42.9K | $12.7M | 2.4% | -17.5% |
| ITW ILLINOIS TOOL WORKS | Industrials | 48.3K | $12.6M | 2.4% | -1.0% |
| JPM JPMORGAN CHASE & CO | Financials | 41.3K | $12.1M | 2.3% | +2.8% |
| DIS WALT DISNEY CO/THE | Services media | 125.6K | $12.1M | 2.3% | -0.8% |
| SLB SLB LTD | Energy | 227.4K | $11.7M | 2.2% | +21.8% |
| HD HOME DEPOT INC | Consumer discretionary | 35.4K | $11.6M | 2.2% | -2.8% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 37.5K | $9.1M | 1.7% | -3.4% |
| ORCL ORACLE CORP | Technology | 54.5K | $8.0M | 1.5% | +2.7% |
| GE GENERAL ELECTRIC | Industrials | 27.2K | $7.7M | 1.4% | +9.2% |
| ADBE ADOBE INC | Technology | 28.4K | $6.9M | 1.3% | +3.2% |
| NKE NIKE INC -CL B | Other | 110.5K | $5.8M | 1.1% | +9.6% |
| CVS CVS HEALTH CORP | Healthcare | 81.0K | $5.8M | 1.1% | -28.6% |
| MRSH MARSH & MCLENNAN COS | Financials | 32.3K | $5.6M | 1.0% | +4.0% |
| DHR DANAHER CORP | Technology | 29.0K | $5.5M | 1.0% | +3.0% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 10.1K | $4.9M | 0.9% | +0.1% |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 47.2K | $4.6M | 0.9% | +5.1% |
| ACN ACCENTURE PLC-CL A | Services media | 18.2K | $3.6M | 0.7% | +25.9% |
| NVDA NVIDIA CORP | Technology | 20.6K | $3.6M | 0.7% | -1.6% |
| CFR CULLEN/FROST BANKERS INC | Financials | 22.7K | $3.1M | 0.6% | -17.6% |
| LRCX LAM RESEARCH CORP | Industrials | 10.3K | $2.2M | 0.4% | -38.2% |
| PANW PALO ALTO NETWORKS INC | Technology | 10.2K | $1.6M | 0.3% | Held |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 2 | $1.4M | 0.3% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 5.4K | $1.1M | 0.2% | -2.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 4.5K | $1.1M | 0.2% | 0.0% |
| KO COCA-COLA CO/THE | Consumer staples | 12.7K | $965K | 0.2% | Held |
| LLY ELI LILLY & CO | Healthcare | 1.0K | $964K | 0.2% | -13.2% |
| ABBV ABBVIE INC | Healthcare | 4.4K | $947K | 0.2% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 2.7K | $774K | 0.1% | -1.5% |
| BAC BANK OF AMERICA CORP | Financials | 15.6K | $761K | 0.1% | -8.3% |
| GOOG ALPHABET INC-CL C | Technology | 2.5K | $708K | 0.1% | -0.8% |
| MRK MERCK & CO. INC. | Healthcare | 5.9K | $706K | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 83 | $534.3M | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 9, 2026 | 85 | $551.1M | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 82 | $542.2M | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 4, 2025 | 83 | $528.9M | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 12, 2025 | 83 | $503.8M | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 86 | $524.6M | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 86 | $538.1M | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 18, 2024 | 81 | $511.4M | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 1, 2024 | 85 | $516.4M | $K fixed canonical | SEC ↗ |
Similar funds
DIAMANT ASSET MANAGEMENT, INC. LILLY ENDOWMENT INCBROOKFIELD Corp /ON/GQG Partners LLCMITSUBISHI UFJ FINANCIAL GROUP INCNewport Trust Company, LLCVIKING GLOBAL INVESTORS LPPARNASSUS INVESTMENTS, LLC MASTERCARD FOUNDATION ASSET MANAGEMENT CORPPZENA INVESTMENT MANAGEMENT LLCCOATUE MANAGEMENT LLCWinslow Capital Management, LLC