Argyle Capital Management 13F annual report
Argyle Capital Management is an investment fund managing more than $243 billion ran by Dawn Marx. There are currently 122 companies in Mrs. Marx’s portfolio. The largest investments include Microsoft and Lilly Eli & Co, together worth $24.5 billion.
$243 billion Assets Under Management (AUM)
As of 22nd July 2024, Argyle Capital Management’s top holding is 29,150 shares of Microsoft currently worth over $13 billion and making up 5.4% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Argyle Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 12,628 shares of Lilly Eli & Co worth $11.4 billion.
The third-largest holding is Mckesson worth $7.45 billion and the next is Merck & Co Inc worth $7.02 billion, with 56,723 shares owned.
Currently, Argyle Capital Management's portfolio is worth at least $243 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Argyle Capital Management
The Argyle Capital Management office and employees reside in Bethlehem, Pennsylvania. According to the last 13-F report filed with the SEC, Dawn Marx serves as the Operations Manager at Argyle Capital Management.
Recent trades
In the most recent 13F filing, Argyle Capital Management revealed that it had opened a new position in
GE Aerospace and bought 6,219 shares worth $989 million.
This means they effectively own approximately 0.1% of the company.
GE Aerospace makes up
3.5%
of the fund's Industrials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Pnc Finl Svcs Group Inc by buying
400 additional shares.
This makes their stake in Pnc Finl Svcs Group Inc total 33,343 shares worth $5.18 billion.
On the other hand, there are companies that Argyle Capital Management is getting rid of from its portfolio.
Argyle Capital Management closed its position in General Electric Co on 29th July 2024.
It sold the previously owned 6,894 shares for $1.21 billion.
Dawn Marx also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $13 billion and 29,150 shares.
One of the smallest hedge funds
The two most similar investment funds to Argyle Capital Management are Oldfather Services and One Wealth Management Investment & Advisory Services. They manage $243 billion and $243 billion respectively.
Dawn Marx investment strategy
Argyle Capital Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Health Care — making up 15.5% of
the total portfolio value.
The fund focuses on investments in the United States as
63.1% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
61% of the total holdings value.
On the other hand, small-cap stocks make up only 1.6% of the portfolio.
The average market cap of the portfolio companies is close to $144 billion.
The complete list of Argyle Capital Management trades based on 13F SEC filings
These positions were updated on July 29th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Microsoft Corporation |
9.86%
29,150
|
$13,028,593,000 | 5.36% |
| Lilly Eli & Co |
10.01%
12,628
|
$11,433,139,000 | 4.70% |
| Mckesson Corporation |
8.07%
12,759
|
$7,451,766,000 | 3.07% |
| Merck & Co Inc |
6.10%
56,723
|
$7,022,307,000 | 2.89% |
| AMGEN Inc. |
9.31%
19,771
|
$6,177,449,000 | 2.54% |
| Jp Morgan Chase & Co |
10.39%
30,402
|
$6,149,109,000 | 2.53% |
| Pulte Group Inc |
6.23%
52,684
|
$5,800,508,000 | 2.39% |
| Pnc Finl Svcs Group Inc |
1.21%
33,343
|
$5,184,170,000 | 2.13% |
| RTX Corp |
5.59%
45,719
|
$4,589,730,000 | 1.89% |
| Deere & Co. |
11.25%
11,473
|
$4,286,657,000 | 1.76% |
| Conocophillips |
0.13%
37,231
|
$4,258,482,000 | 1.75% |
| International Business Mach |
10.21%
24,607
|
$4,255,781,000 | 1.75% |
| Paychex Inc. |
6.36%
35,555
|
$4,215,401,000 | 1.73% |
| Caterpillar Inc. |
14.19%
11,942
|
$3,977,880,000 | 1.64% |
| Bank Of America Corp. |
6.86%
99,043
|
$3,938,940,000 | 1.62% |
| Chevron Corp. |
2.25%
24,850
|
$3,887,037,000 | 1.60% |
| Genuine Parts Co. |
0.77%
27,593
|
$3,816,627,000 | 1.57% |
| Pfizer Inc. |
6.19%
132,571
|
$3,709,337,000 | 1.53% |
| Cisco Sys Inc |
6.95%
76,933
|
$3,655,087,000 | 1.50% |
| Coca-Cola Co |
4.14%
57,153
|
$3,637,788,000 | 1.50% |
| Johnson & Johnson |
4.14%
24,776
|
$3,621,260,000 | 1.49% |
| Emerson Elec Co |
3.55%
32,649
|
$3,596,614,000 | 1.48% |
| Oracle Corp. |
16.84%
24,200
|
$3,417,040,000 | 1.41% |
| Verizon Communications Inc |
1.42%
80,584
|
$3,323,284,000 | 1.37% |
| United Parcel Service, Inc. |
5.09%
24,253
|
$3,319,023,000 | 1.37% |
| Duke Energy Corp. |
2.33%
32,057
|
$3,213,073,000 | 1.32% |
| Intel Corp. |
1.05%
96,590
|
$2,991,392,000 | 1.23% |
| AT&T Inc. |
0.98%
155,499
|
$2,971,594,000 | 1.22% |
| Dow Inc |
3.20%
54,385
|
$2,885,124,000 | 1.19% |
| Medtronic Inc |
4.22%
36,320
|
$2,858,747,000 | 1.18% |
| Enbridge Inc |
5.32%
79,928
|
$2,844,638,000 | 1.17% |
| Bristol-Myers Squibb Co. |
2.12%
64,067
|
$2,660,722,000 | 1.09% |
| Allstate Corp (The) |
2.95%
16,475
|
$2,630,399,000 | 1.08% |
| General Mtrs Corp |
7.31%
56,467
|
$2,623,457,000 | 1.08% |
| Fiserv, Inc. |
3.85%
17,488
|
$2,606,412,000 | 1.07% |
| Wells Fargo & Co. |
4.60%
43,593
|
$2,588,988,000 | 1.07% |
| Waste Management, Inc. |
14.81%
12,075
|
$2,576,081,000 | 1.06% |
| Phillips 66 |
1.11%
17,846
|
$2,519,320,000 | 1.04% |
| MetLife, Inc. |
0.14%
35,575
|
$2,497,009,000 | 1.03% |
| Hershey Foods Corp |
1.53%
12,898
|
$2,371,039,000 | 0.98% |
| Waters Corp. |
11.41%
8,150
|
$2,364,478,000 | 0.97% |
| DuPont de Nemours Inc |
3.83%
29,280
|
$2,356,747,000 | 0.97% |
| Chubb Corp |
0.99%
8,994
|
$2,294,190,000 | 0.94% |
| The Southern Co. |
4.32%
28,771
|
$2,231,766,000 | 0.92% |
| Procter & Gamble Co. |
6.30%
13,379
|
$2,206,465,000 | 0.91% |
| 3M Co. |
5.54%
21,165
|
$2,162,851,000 | 0.89% |
| CVS Health Corp |
4.34%
36,002
|
$2,126,278,000 | 0.87% |
| Weyerhaeuser Co. |
4.57%
73,312
|
$2,081,328,000 | 0.86% |
| PPL Corp |
0.40%
74,798
|
$2,068,165,000 | 0.85% |
| Comcast Corp New |
2.76%
48,370
|
$1,894,169,000 | 0.78% |
| Truist Finl Corp |
2.54%
45,475
|
$1,766,704,000 | 0.73% |
| Halliburton Co. |
2.63%
51,825
|
$1,750,649,000 | 0.72% |
| Baxter International Inc. |
4.86%
48,904
|
$1,635,839,000 | 0.67% |
| Schlumberger Ltd. |
13.99%
33,950
|
$1,601,761,000 | 0.66% |
| Sonoco Products Co. |
12.67%
31,133
|
$1,579,066,000 | 0.65% |
| Constellation Energy Corp |
2.17%
7,488
|
$1,499,622,000 | 0.62% |
| Corteva Inc |
3.17%
27,541
|
$1,485,562,000 | 0.61% |
| Block H&r Inc |
No change
27,300
|
$1,480,479,000 | 0.61% |
| Dell Technologies Inc |
No change
10,610
|
$1,463,225,000 | 0.60% |
| Ford Mtr Co Del |
10.79%
115,300
|
$1,445,862,000 | 0.59% |
| Flowers Foods, Inc. |
1.51%
65,018
|
$1,443,400,000 | 0.59% |
| Verisign Inc. |
2.44%
8,011
|
$1,424,356,000 | 0.59% |
| Air Products & Chem |
No change
5,215
|
$1,345,731,000 | 0.55% |
| Hewlett Packard Enterprises Co |
10.82%
57,675
|
$1,220,980,000 | 0.50% |
| General Electric Co |
Closed
6,894
|
$1,210,104,000 | |
| Fifth Third Bancorp |
0.63%
31,900
|
$1,164,031,000 | 0.48% |
| GE Aerospace |
Opened
6,219
|
$988,634,000 | 0.41% |
| Trane Technolgies Plc |
No change
3,000
|
$986,790,000 | 0.41% |
| HP Inc |
26.46%
28,075
|
$983,187,000 | 0.40% |
| Broadcom Inc |
7.15%
597
|
$958,501,000 | 0.39% |
| Apple Inc |
No change
4,536
|
$955,372,000 | 0.39% |
| Freeport-McMoRan Inc |
No change
18,700
|
$908,820,000 | 0.37% |
| Ge Healthcare Technologies Inc |
27.83%
11,627
|
$905,976,000 | 0.37% |
| Exxon Mobil Corp. |
18.08%
7,839
|
$902,426,000 | 0.37% |
| Berkshire Hathaway Inc. |
Opened
2,100
|
$854,280,000 | 0.35% |
| BP plc |
21.51%
22,407
|
$808,893,000 | 0.33% |
| Conagra Brands Inc |
8.24%
27,845
|
$791,355,000 | 0.33% |
| TC Energy Corporation |
16.16%
20,850
|
$790,215,000 | 0.33% |
| Exelon Corp. |
7.11%
22,442
|
$776,718,000 | 0.32% |
| McCormick & Co., Inc. |
3.21%
10,550
|
$748,417,000 | 0.31% |
| Amcor Plc |
No change
74,964
|
$733,148,000 | 0.30% |
| Illinois Tool Wks Inc |
18.72%
3,040
|
$720,358,000 | 0.30% |
| Automatic Data Processing Inc. |
No change
3,010
|
$718,457,000 | 0.30% |
| Lamb Weston Holdings Inc |
2.69%
8,441
|
$709,719,000 | 0.29% |
| DXC Technology Co |
7.62%
36,361
|
$694,131,000 | 0.29% |
| Motorola Solutions Inc |
No change
1,781
|
$687,555,000 | 0.28% |
| Grainger W W Inc |
No change
680
|
$613,523,000 | 0.25% |
| Kimberly-Clark Corp. |
10.24%
4,383
|
$605,731,000 | 0.25% |
| Abbvie Inc |
32.04%
3,500
|
$600,320,000 | 0.25% |
| Moodys Corp |
No change
1,400
|
$589,302,000 | 0.24% |
| Valero Energy Corp. |
16.48%
3,675
|
$576,093,000 | 0.24% |
| Norfolk Southern Corp. |
33.85%
2,462
|
$528,567,000 | 0.22% |
| TotalEnergies SE |
25.40%
7,900
|
$526,772,000 | 0.22% |
| Corning, Inc. |
38.80%
13,250
|
$514,763,000 | 0.21% |
| Selective Insurance Group Inc |
No change
5,474
|
$513,625,000 | 0.21% |
| NextEra Energy Inc |
No change
6,468
|
$457,999,000 | 0.19% |
| CSX Corp. |
Closed
12,000
|
$444,840,000 | |
| Archer Daniels Midland Co. |
Opened
7,273
|
$439,653,000 | 0.18% |
| NVIDIA Corp |
900.00%
3,500
|
$432,390,000 | 0.18% |
| Charter Communications Inc. |
2.88%
1,351
|
$403,895,000 | 0.17% |
| UGI Corp. |
No change
17,374
|
$397,865,000 | 0.16% |
| Pepsico Inc |
Opened
2,398
|
$395,502,000 | 0.16% |
| Abbott Labs |
43.84%
3,715
|
$386,026,000 | 0.16% |
| Public Svc Enter Grp |
17.72%
5,225
|
$385,083,000 | 0.16% |
| American Elec Pwr Co Inc |
Opened
4,300
|
$377,282,000 | 0.16% |
| Kraft Heinz Co |
Opened
11,500
|
$370,530,000 | 0.15% |
| Magna International Inc. |
20.83%
8,700
|
$364,530,000 | 0.15% |
| nVent Electric plc |
No change
4,666
|
$357,462,000 | 0.15% |
| Crane Co |
No change
2,400
|
$347,952,000 | 0.14% |
| Devon Energy Corp. |
4.27%
7,333
|
$347,584,000 | 0.14% |
| Pentair Inc |
No change
4,500
|
$345,015,000 | 0.14% |
| Spdr Bloomberg Barclays 1-3 Mt |
2.64%
3,690
|
$338,668,000 | 0.14% |
| Eastman Chem Co |
No change
3,400
|
$333,098,000 | 0.14% |
| Amazon.com Inc. |
No change
1,500
|
$289,875,000 | 0.12% |
| Centerpoint Energy Inc. |
No change
8,600
|
$266,428,000 | 0.11% |
| Ge Vernova Inc |
Opened
1,541
|
$264,297,000 | 0.11% |
| Kennametal Inc. |
Closed
10,567
|
$263,541,000 | |
| Teva Pharm Inds Ltd |
7.95%
16,200
|
$263,250,000 | 0.11% |
| Novartis AG |
No change
2,375
|
$252,843,000 | 0.10% |
| Solventum Corp |
Opened
4,716
|
$249,382,000 | 0.10% |
| Ingersoll Rand Inc. |
No change
2,647
|
$240,453,000 | 0.10% |
| Aflac Inc. |
Closed
2,370
|
$203,488,000 | |
| Viatris Inc. |
5.93%
10,655
|
$113,263,000 | 0.05% |
| Newell Brands Inc. |
No change
13,500
|
$86,535,000 | 0.04% |
| Warner Brothers Discovery Inc |
5.17%
11,437
|
$85,091,000 | 0.04% |
| Orasure Technologies Inc. |
No change
10,025
|
$42,707,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 126 holdings | |||
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