MARCO INVESTMENT MANAGEMENT LLC

Other Low signal CIK 1080493
League rank
#276
in Other · #1159 overall
Long book
$1.33B
Q1 2026
Positions
232
Top-10 weight
35%
concentration
Last quarter
+16.4%
SPY +14.8%
Turnover
7%
of book per quarter

Strategy in plain words

auto-generated from filings

MARCO INVESTMENT MANAGEMENT LLC is an institutional manager, running a $1.33B US long book across 232 positions.

The portfolio is moderately concentrated (top 10 ≈ 35% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: BROADCOM INC, APPLE INC, CATERPILLAR INC, JPMORGAN CHASE & CO, COSTCO WHOLESALE CORP.

Over the last 9 quarters its long book ran on average 0.4pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.5%
Q2 2024
+5.9%
Q3 2024
+1.1%
Q4 2024
-3.4%
Q1 2025
+10.1%
Q2 2025
+9.5%
Q3 2025
+2.7%
Q4 2025
-0.4%
Q1 2026
+16.4%

Sector allocation

Technology
34%
Financials
14%
Industrials
13%
Consumer discretionary
13%
Healthcare
10%
Other
5%
Energy
4%
Utilities
2%

Long book by quarter

$1.06B
Q1 2024
$1.08B
Q2 2024
$1.16B
Q3 2024
$1.16B
Q4 2024
$1.08B
Q1 2025
$1.20B
Q2 2025
$1.31B
Q3 2025
$1.33B
Q4 2025
$1.33B
Q1 2026

What does MARCO INVESTMENT own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AVGO BROADCOM INCTechnology323.2K$100.0M7.5%-1.5%
AAPL APPLE INCTechnology271.4K$68.9M5.2%+0.9%
CAT CATERPILLAR INCIndustrials69.6K$49.3M3.7%-1.8%
JPM JPMORGAN CHASE & COFinancials157.7K$46.4M3.5%+1.4%
COST COSTCO WHOLESALE CORPConsumer discretionary40.2K$40.1M3.0%-0.1%
KLAC KLA CORPOther23.5K$34.7M2.6%-1.7%
MSFT MICROSOFT CORPTechnology88.3K$32.7M2.5%-0.1%
GS GOLDMAN SACHS GROUP INCFinancials38.1K$32.2M2.4%-16.4%
WMT WALMART INCConsumer discretionary253.1K$31.5M2.4%-3.2%
ABBV ABBVIE INCHealthcare139.5K$30.3M2.3%+0.1%
GOOGL ALPHABET INC-CL ATechnology96.6K$27.8M2.1%0.0%
QCOM QUALCOMM INCTechnology199.8K$25.7M1.9%-0.9%
CI THE CIGNA GROUPFinancials94.5K$25.2M1.9%+1.1%
LOW LOWE'S COS INCConsumer discretionary106.6K$25.2M1.9%0.0%
CSCO CISCO SYSTEMS INCTechnology297.6K$23.1M1.7%-1.0%
PANW PALO ALTO NETWORKS INCTechnology140.9K$22.6M1.7%+1.7%
AXP AMERICAN EXPRESS COFinancials70.0K$21.2M1.6%+0.3%
UNH UNITEDHEALTH GROUP INCFinancials76.4K$20.7M1.6%+0.5%
EPD ENTERPRISE PRODUCTS PARTNERSUtilities529.7K$20.0M1.5%-0.1%
HD HOME DEPOT INCConsumer discretionary57.6K$18.9M1.4%-3.9%
SYK STRYKER CORPHealthcare56.6K$18.6M1.4%+1.1%
KO COCA-COLA CO/THEConsumer staples240.2K$18.3M1.4%-2.1%
ORCL ORACLE CORPTechnology116.3K$17.1M1.3%+1.1%
NXPI NXP SEMICONDUCTORS NVTechnology79.5K$15.6M1.2%+1.0%
AMGN AMGEN INCHealthcare43.5K$15.3M1.2%-0.2%
UNP UNION PACIFIC CORPIndustrials60.4K$14.7M1.1%+1.2%
COP CONOCOPHILLIPSEnergy110.9K$14.6M1.1%-0.3%
PSX PHILLIPS 66Energy77.5K$14.1M1.1%-0.2%
LYB LYONDELLBASELL INDU-CL AOther172.0K$13.9M1.0%-2.0%
LRCX LAM RESEARCH CORPIndustrials59.4K$12.7M1.0%-0.8%
XOM EXXON MOBIL CORPEnergy70.9K$12.0M0.9%-5.3%
AMZN AMAZON.COM INCConsumer discretionary57.3K$11.9M0.9%+16.6%
MRK MERCK & CO. INC.Healthcare95.7K$11.5M0.9%+0.2%
HON HONEYWELL INTERNATIONAL INCIndustrials50.3K$11.4M0.9%-1.0%
UPS UNITED PARCEL SERVICE-CL BIndustrials113.6K$11.2M0.8%+0.9%
MTZ MASTEC INCIndustrials34.6K$11.1M0.8%-0.2%
NOC NORTHROP GRUMMAN CORPTechnology15.8K$10.8M0.8%-0.8%
CRM SALESFORCE INCTechnology56.7K$10.6M0.8%+2.8%
AFL AFLAC INCFinancials89.9K$9.9M0.7%-0.2%
PG PROCTER & GAMBLE CO/THEOther58.9K$8.5M0.6%-0.5%
NVDA NVIDIA CORPTechnology46.9K$8.2M0.6%-0.7%
MDT MEDTRONIC PLCHealthcare93.8K$8.1M0.6%-0.4%
LHX L3HARRIS TECHNOLOGIES INCTechnology23.4K$8.1M0.6%-1.2%
SCHW SCHWAB (CHARLES) CORPFinancials76.7K$7.2M0.5%Held
PWR QUANTA SERVICES INCIndustrials13.1K$7.2M0.5%-3.4%
JNJ JOHNSON & JOHNSONHealthcare28.7K$7.0M0.5%+0.3%
J JACOBS SOLUTIONS INCIndustrials54.8K$7.0M0.5%0.0%
MRVL MARVELL TECHNOLOGY INCTechnology68.7K$6.8M0.5%-1.7%
TSLA TESLA INCIndustrials18.0K$6.7M0.5%+2.0%
AZO AUTOZONE INCConsumer discretionary2.0K$6.7M0.5%-1.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 8, 2026232$1.33B canonicalSEC ↗
Q4 202513F-HRFeb 4, 2026228$1.33B canonicalSEC ↗
Q3 202513F-HRNov 4, 2025222$1.31B canonicalSEC ↗
Q2 202513F-HRAug 6, 2025220$1.20B canonicalSEC ↗
Q1 202513F-HRMay 7, 2025214$1.08B canonicalSEC ↗
Q4 202413F-HRFeb 7, 2025223$1.16B canonicalSEC ↗
Q3 202413F-HRNov 12, 2024227$1.16B canonicalSEC ↗
Q2 202413F-HRAug 7, 2024209$1.08B canonicalSEC ↗
Q1 202413F-HRMay 9, 2024211$1.06B canonicalSEC ↗