King Luther Capital Management Corp
Reported US equity positions for Q1 2026 — $23.1B across 601 positions.
| Holding | Reported value | Share of portfolio | Shares |
|---|---|---|---|
| AAPL Apple Inc. | $1.4B | 6.1% | 5,607,434 |
| NVDA NVIDIA Corporation | $1.2B | 5.1% | 6,713,617 |
| MSFT Microsoft Corporation | $1.1B | 4.6% | 2,907,004 |
| DSGR Distribution Solutions Group, Inc. | $1.1B | 4.6% | 36,357,588 |
| AMZN Amazon.com, Inc. | $697.3M | 3.0% | 3,348,175 |
| GOOGL Alphabet Inc. | $692.8M | 3.0% | 2,409,280 |
| GOOG Alphabet Inc. - Class C Capital Stock | $686.5M | 3.0% | 2,393,075 |
| JPM JP Morgan Chase & Co. | $509.0M | 2.2% | 1,730,202 |
| AVGO Broadcom Inc. | $460.8M | 2.0% | 1,488,912 |
| HD The Home Depot, Inc. | $401.5M | 1.7% | 1,220,851 |
| MLM Martin Marietta Materials, Inc. | $392.5M | 1.7% | 666,722 |
| BAC Bank of America Corporation | $357.8M | 1.5% | 7,339,685 |
| TMO Thermo Fisher Scientific Inc | $348.7M | 1.5% | 709,494 |
| ORCL Oracle Corporation | $336.0M | 1.5% | 2,284,021 |
| TDY Teledyne Technologies Incorporated | $319.0M | 1.4% | 527,306 |
| CTAS Cintas Corporation | $289.9M | 1.3% | 1,713,760 |
| KO The Coca-Cola Company | $287.6M | 1.2% | 3,781,542 |
| COP ConocoPhillips | $276.9M | 1.2% | 2,097,492 |
| V Visa Inc. | $273.5M | 1.2% | 904,832 |
| XOM ExxonMobil Holdings Corporation | $271.3M | 1.2% | 1,599,337 |
| TRMB Trimble Inc. | $263.2M | 1.1% | 4,034,351 |
| EMR Emerson Electric Company | $261.2M | 1.1% | 1,993,673 |
| DHR Danaher Corporation | $247.6M | 1.1% | 1,305,775 |
| G5494J103 Linde PLC | $244.8M | 1.1% | 493,719 |
| ECL Ecolab Inc. | $243.3M | 1.1% | 914,704 |
| CVX Chevron Corporation | $230.2M | 1.0% | 1,112,570 |
| CTRA Coterra Energy INC | $229.4M | 1.0% | 6,528,678 |
| KEX Kirby Corporation | $207.4M | 0.9% | 1,560,791 |
| ORLY O'Reilly Automotive, Inc. | $203.6M | 0.9% | 2,205,859 |
| UNP Union Pacific Corporation | $195.5M | 0.8% | 805,853 |
| WPM Wheaton Precious Metals Corp Common Shares (Canada) | $194.4M | 0.8% | 1,483,673 |
| NFLX Netflix, Inc. | $190.8M | 0.8% | 1,984,512 |
| JNJ Johnson & Johnson | $188.4M | 0.8% | 770,604 |
| AXP American Express Company | $183.1M | 0.8% | 605,259 |
| LLY Eli Lilly and Company | $182.6M | 0.8% | 198,563 |
| CFR Cullen/Frost Bankers, Inc. | $181.8M | 0.8% | 1,325,964 |
| AMGN Amgen Inc. | $179.5M | 0.8% | 510,096 |
| ABBV AbbVie Inc. | $175.9M | 0.8% | 808,779 |
| WMT Walmart Inc. | $171.8M | 0.7% | 1,382,521 |
| WCN Waste Connections, Inc. | $171.2M | 0.7% | 1,053,657 |
| PG The Procter & Gamble Company | $166.9M | 0.7% | 1,155,688 |
| HONGBP Honeywell Intl INC | $165.6M | 0.7% | 732,546 |
| SYK Stryker Corporation | $152.0M | 0.7% | 462,576 |
| VMI Valmont Industries, Inc. | $144.9M | 0.6% | 362,547 |
| H01301128 Alcon | $143.7M | 0.6% | 1,906,904 |
| PANW Palo Alto Networks, Inc. | $134.6M | 0.6% | 839,336 |
| ABT Abbott Laboratories | $134.2M | 0.6% | 1,307,216 |
| TDG Transdigm Group Incorporated | $125.6M | 0.5% | 108,376 |
| PEP PepsiCo, Inc. | $124.9M | 0.5% | 804,568 |
| ROP Roper Technologies, Inc. | $118.8M | 0.5% | 335,671 |
| MRK Merck & Company, Inc. Common Stock (new) | $118.3M | 0.5% | 983,617 |
| CCO Clear Channel Outdoor Holdings, Inc. | $115.2M | 0.5% | 1,060,338 |
| XYL Xylem Inc. Common Stock | $114.6M | 0.5% | 959,131 |
| PR Permian Resources Corporation Class A | $114.4M | 0.5% | 5,364,488 |
| RTX RTX Corporation | $113.6M | 0.5% | 588,823 |
| MCO Moody's Corporation | $113.3M | 0.5% | 259,620 |
| META Meta Platforms, Inc. | $112.6M | 0.5% | 196,831 |
| PH Parker-Hannifin Corporation | $111.4M | 0.5% | 124,465 |
| ROK Rockwell Automation, Inc. | $109.2M | 0.5% | 304,201 |
| G3730V105 Ftai Aviation LTD | $106.8M | 0.5% | 436,017 |
Long US equity positions only, as filed. 13F does not cover short positions, cash, bonds or non-US listings, so this is not the whole portfolio.
What changed last quarter
| Holding | Change | Now | Was | Shares |
|---|---|---|---|---|
| AAPL Apple Inc. | Trim | $1.4B | $1.6B | -3% |
| NVDA NVIDIA Corporation | Trim | $1.2B | $1.3B | -2% |
| MSFT Microsoft Corporation | Trim | $1.1B | $1.4B | -2% |
| GOOGL Alphabet Inc. | Trim | $692.8M | $775.3M | -3% |
| GOOG Alphabet Inc. - Class C Capital Stock | Trim | $686.5M | $783.2M | -4% |
| JPM JP Morgan Chase & Co. | Trim | $509.0M | $571.3M | -2% |
| HD The Home Depot, Inc. | Trim | $401.5M | $426.8M | -2% |
| MLM Martin Marietta Materials, Inc. | Trim | $392.5M | $429.7M | -3% |
| BAC Bank of America Corporation | Trim | $357.8M | $414.8M | -3% |
| TMO Thermo Fisher Scientific Inc | Add | $348.7M | $398.9M | +3% |
| ORCL Oracle Corporation | Trim | $336.0M | $512.7M | -13% |
| TDY Teledyne Technologies Incorporated | Trim | $319.0M | $276.8M | -3% |
| CTAS Cintas Corporation | Trim | $289.9M | $340.8M | -5% |
| KO The Coca-Cola Company | Trim | $287.6M | $269.3M | -2% |
| COP ConocoPhillips | Trim | $276.9M | $201.0M | -2% |
| V Visa Inc. | Trim | $273.5M | $323.8M | -2% |
| XOM ExxonMobil Holdings Corporation | Trim | $271.3M | $200.4M | -4% |
| TRMB Trimble Inc. | Trim | $263.2M | $325.8M | -3% |
| DHR Danaher Corporation | Trim | $247.6M | $313.3M | -5% |
| G5494J103 Linde PLC | Trim | $244.8M | $213.6M | -1% |
| ECL Ecolab Inc. | Trim | $243.3M | $245.0M | -2% |
| CVX Chevron Corporation | Trim | $230.2M | $171.9M | -1% |
| CTRA Coterra Energy INC | Trim | $229.4M | $177.6M | -3% |
| KEX Kirby Corporation | Trim | $207.4M | $178.2M | -3% |
| ORLY O'Reilly Automotive, Inc. | Trim | $203.6M | $208.1M | -3% |
| UNP Union Pacific Corporation | Trim | $195.5M | $193.7M | -4% |
| WPM Wheaton Precious Metals Corp Common Shares (Canada) | Trim | $194.4M | $178.5M | -2% |
| NFLX Netflix, Inc. | Add | $190.8M | $167.1M | +11% |
| JNJ Johnson & Johnson | Add | $188.4M | $154.7M | +3% |
| AXP American Express Company | Trim | $183.1M | $226.3M | -1% |
| LLY Eli Lilly and Company | Add | $182.6M | $205.7M | +4% |
| AMGN Amgen Inc. | Trim | $179.5M | $168.8M | -1% |
| ABBV AbbVie Inc. | Trim | $175.9M | $192.3M | -4% |
| WMT Walmart Inc. | Trim | $171.8M | $157.7M | -2% |
| WCN Waste Connections, Inc. | Trim | $171.2M | $196.6M | -6% |
| PG The Procter & Gamble Company | Trim | $166.9M | $170.6M | -3% |
| HONGBP Honeywell Intl INC | Trim | $165.6M | $147.8M | -3% |
| SYK Stryker Corporation | Trim | $152.0M | $169.1M | -4% |
| VMI Valmont Industries, Inc. | Trim | $144.9M | $150.2M | -3% |
| H01301128 Alcon | Trim | $143.7M | $158.7M | -5% |
New and exited positions are only shown for managers whose entire filed portfolio fits inside the positions stored here. For a manager filing more than that, a holding leaving the stored set is indistinguishable from a holding being sold, so those are reported as adds and trims only.
What a 13F is
Any institutional manager exercising discretion over more than $100 million in US-listed equities must file a Form 13F with the SEC within 45 days of each quarter end, listing what they held on the last day of that quarter. The threshold was set in 1975 and has never been raised, so the filer population now runs to several thousand.
The four things it does not tell you
- It is stale. A filing describes positions as of quarter end and can arrive 45 days later. A manager who sold everything in week one of the new quarter files the same document as one who held.
- Long US equities only. No short positions, no cash, no bonds, no commodities, no foreign listings. A fund that looks heavily long in a 13F may be hedged in instruments that never appear.
- Not the whole firm. Assets are reported by the entity with discretion, so one manager can file under several CIKs, and the figure here is what that entity reported.
- Confidential treatment exists. A manager can apply to delay disclosing a position while building it. Those holdings appear later, if at all.
Why the biggest filers are not the interesting ones
The largest managers by reported value are index providers — they hold nearly everything, in proportion to the indices they track, because clients asked them to. Reading their filings for conviction is a category error. The filings worth attention are concentrated ones, where a small number of positions make up most of the portfolio, since that reflects a decision rather than a mandate.
The share-of-portfolio column is the one to read for this. A position that is 15% of a fund says something; the same dollar amount at 0.2% of an index tracker does not.
Where this comes from
The SEC's own quarterly Form 13F structured data sets, parsed here rather than bought from a vendor. Holdings are identified in the filings by CUSIP, and the mapping from CUSIP to ticker is the awkward part — that identifier is licensed rather than public, so the mapping is resolved through OpenFIGI and built up over time. Around 95% of reported value currently sits on a resolved ticker; the rest shows its CUSIP.
The rest of the section is on the Markets overview — including insider transactions, which are the same idea at the individual level, and the correlation finder, where each ticker's page carries its institutional ownership.