Q2 2026 13F · SEC CIK 1569453

F&V Capital Management, LLC

Hedge fundFiled 2026-07-21 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $542.3M
Reported positions: 63
Top holdings a year, 3 yrs: +18.4%
Average holding period: 8.4 yrs

F&V Capital Management, LLC is a hedge fund that reported 63 positions worth $542.3M in its Q2 2026 13F, filed 2026-07-21. Its largest holdings were United Rentals Inc Com (URI, 6.1%), Applied Matls Inc (AMAT, 5.6%), Rtx Corporation Com (RTX, 5.2%). A portfolio copying its top holdings returned 18.4% a year over the last 3 years, against 20.4% for the S&P 500.

F&V Capital Management, LLC holdings largest 50 of 63 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

F&V Capital Management, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
URIUnited Rentals Inc Com	6.1%	4.5%	28,971	-1.3%	$32.8M
AMATApplied Matls Inc	5.6%	4.9%	42,185	-37.7%	$30.5M
RTXRtx Corporation Com	5.2%	6.0%	149,511	+1.0%	$28.4M
CSCOCisco Sys Inc	5.0%	3.8%	230,555	+0.3%	$27.1M
PSXPhillips 66	4.4%	5.3%	140,587	+1.4%	$23.8M
GOOGLAlphabet Inc	4.2%	2.4%	62,966	+60.7%	$22.5M
ALLAllstate Corp	3.9%	3.9%	88,346	-1.8%	$21.0M
CVXChevron Corp New	3.8%	5.4%	123,931	+0.9%	$20.5M
VMIValmont Industries, Inc.	3.8%	2.9%	35,228	+0.8%	$20.3M
FDXFedex Corp	3.7%	4.8%	63,381	+0.0%	$19.8M
BABoeing Co	3.5%	1.6%	88,185	+128.0%	$19.1M
AEPAmerican Elec Pwr Co Inc	3.3%	3.5%	130,598	+2.9%	$17.9M
FOXFox Corporation	3.2%	3.2%	373,105	+31.0%	$17.5M
METAMeta Platforms Inc Class A	3.1%	3.5%	30,222	+5.0%	$17.0M
BMYBristol-Myers Squibb Co Com	3.0%	3.5%	282,596	+2.2%	$16.3M
ONOn Semiconductor Corp	2.9%	3.6%	165,455	-40.0%	$15.6M
QRVOQorvo Inc	2.8%	2.5%	160,315	+3.9%	$15.0M
CVSCvs Caremark Corporation	2.7%	2.2%	140,557	-2.1%	$14.5M
MDTMedtronic PLC	2.6%	3.2%	178,802	+1.4%	$14.0M
CRMSalesforce Inc Com	2.5%	—	84,843	—	$13.3M
CAGConagra Brands Inc	2.2%	3.0%	891,364	-0.1%	$12.0M
LEALear Corp	2.2%	2.2%	87,170	+1.6%	$11.7M
ORCLOracle Corp	2.0%	2.4%	74,770	-2.9%	$11.0M
DHIDR Horton Inc	2.0%	1.9%	65,165	+2.0%	$10.6M
VZVerizon Communications Inc Com	1.8%	2.4%	230,880	+1.5%	$9.8M
PYPLPaypal Hldgs Inc	1.8%	2.2%	225,652	-1.6%	$9.7M
AXGNAxogen Inc	1.6%	1.2%	184,385	+4.1%	$8.5M
DVNDevon Energy Corp	1.5%	2.0%	197,068	+4.6%	$8.1M
NEMNewmont Corp	1.3%	1.9%	75,900	-10.1%	$7.1M
MLIMueller Inds Inc	1.2%	2.6%	105,751	-4.0%	$6.5M
FDXFFedex Fght Hldg Co Inc	0.9%	—	31,691	—	$4.8M
SPYSpdr S&p 500 ETF Tr	0.8%	0.9%	6,149	-1.1%	$4.6M
USFRWisdomtree Tr	0.8%	1.2%	82,361	-28.7%	$4.1M
QQQInvesco Qqq Tr	0.5%	0.4%	3,600	+0.3%	$2.7M
GLDSpdr Gold Shares	0.4%	0.6%	6,530	+0.0%	$2.4M
IVVIshares Core S&p 500 ETF	0.4%	0.4%	3,194	+0.0%	$2.4M
VGKVanguard Intl Equity Index F	0.4%	0.4%	24,212	+0.0%	$2.1M
DESWisdomtree Tr	0.3%	0.3%	40,105	-0.3%	$1.6M
IDEVIshares Tr	0.3%	0.3%	17,920	+0.0%	$1.6M
VTVanguard Total World Stock Index Fund Et	0.3%	0.3%	10,050	+0.0%	$1.6M
VTIVanguard Index Fds	0.3%	0.3%	3,873	+0.4%	$1.4M
VWOVanguard Intl Equity Index F	0.3%	0.3%	23,658	+0.3%	$1.4M
AVEMAmerican Centy ETF Tr	0.2%	0.2%	9,975	+0.0%	$962K
EMXCIshares Inc	0.2%	0.1%	8,155	-0.8%	$834K
EWJIshares Inc	0.1%	0.1%	7,505	-6.2%	$700K
EWGIshares Inc	0.1%	0.1%	15,630	-6.0%	$647K
AAPLApple Inc	0.1%	0.1%	2,189	+0.0%	$633K
PSQProshares Tr	0.1%	0.1%	24,930	+25.6%	$625K
IJRIshares Core S&p Small Cap ETF	0.1%	0.1%	3,880	+2.9%	$575K
GILDGilead Sciences	0.1%	0.2%	4,200	-32.3%	$531K

What F&V Capital Management, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +30.6% /yr; S&P 500 +20.1%
3 years: +18.4% /yr; S&P 500 +20.4%
5 years: +10.3% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$542.3M	63
Q1 2026	$473.3M	59
Q4 2025	$470.3M	60
Q3 2025	$445.3M	54
Q2 2025	$391.3M	54
Q1 2025	$385.3M	55
Q4 2024	$380.0M	56
Q3 2024	$389.1M	53
Q2 2024	$343.0M	52
Q1 2024	$339.4M	56
Q4 2023	$311.6M	55
Q3 2023	$291.8M	51

Questions about F&V Capital Management, LLC's portfolio

What stocks does F&V Capital Management, LLC own?

F&V Capital Management, LLC's latest 13F, for Q2 2026 and filed Jul 21, 2026, lists 63 positions worth $542.3M. The largest are United Rentals Inc Com (URI) at 6.1%, Applied Matls Inc (AMAT) at 5.6%, Rtx Corporation Com (RTX) at 5.2%, Cisco Sys Inc (CSCO) at 5.0% and Phillips 66 (PSX) at 4.4%.

What did F&V Capital Management, LLC buy last quarter?

In Q2 2026, F&V Capital Management, LLC added Boeing Co (BA) (+128.0% shares), Alphabet Inc (GOOGL) (+60.7% shares) and Fox Corporation (FOX) (+31.0% shares), compared with its Q1 2026 filing.

What did F&V Capital Management, LLC sell last quarter?

In Q2 2026, F&V Capital Management, LLC cut from its top 50 Conocophillips (COP), cut from its top 50 Baker Hughes Company Cl A (BKR), On Semiconductor Corp (ON) (-40.0% shares), Applied Matls Inc (AMAT) (-37.7% shares) and Gilead Sciences (GILD) (-32.3% shares), compared with its Q1 2026 filing.

How has F&V Capital Management, LLC's portfolio performed?

A portfolio copying F&V Capital Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +18.4% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +30.6% against +20.1%. Over 5 years: +10.3% a year against +11.6%.

When is F&V Capital Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. F&V Capital Management, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.