Lathrop Investment Management Corp 13F annual report
Lathrop Investment Management Corp is an investment fund managing more than $511 million ran by Ryan Gattin. There are currently 81 companies in Mr. Gattin’s portfolio. The largest investments include Microsoft and Wal-mart Stores Inc, together worth $50.2 million.
$511 million Assets Under Management (AUM)
As of 11th July 2024, Lathrop Investment Management Corp’s top holding is 62,045 shares of Microsoft currently worth over $27.7 million and making up 5.4% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Lathrop Investment Management Corp owns more than approximately 0.1% of the company.
In addition, the fund holds 332,427 shares of Wal-mart Stores Inc worth $22.5 million.
The third-largest holding is Apple Inc worth $20.5 million and the next is Martin Marietta Materials worth $19.6 million, with 36,190 shares owned.
Currently, Lathrop Investment Management Corp's portfolio is worth at least $511 million. 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 Lathrop Investment Management Corp
The Lathrop Investment Management Corp office and employees reside in Little Rock, Arkansas. According to the last 13-F report filed with the SEC, Ryan Gattin serves as the Senior Portfolio Manager/Chief Compliance Officer at Lathrop Investment Management Corp.
Recent trades
In the most recent 13F filing, Lathrop Investment Management Corp revealed that it had opened a new position in
Labcorp and bought 66,099 shares worth $13.5 million.
This means they effectively own approximately 0.1% of the company.
Labcorp makes up
16.1%
of the fund's Health Care sector allocation and has grown its share price by 1.4% in the past year.
The investment fund also strengthened its position in Kinder Morgan Inc P by buying
64,307 additional shares.
This makes their stake in Kinder Morgan Inc P total 674,868 shares worth $13.4 million.
On the other hand, there are companies that Lathrop Investment Management Corp is getting rid of from its portfolio.
Lathrop Investment Management Corp closed its position in Labcorp on 18th July 2024.
It sold the previously owned 66,486 shares for $14.5 million.
Ryan Gattin also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $27.7 million and 62,045 shares.
One of the smallest hedge funds
The two most similar investment funds to Lathrop Investment Management Corp are Mfp Investors and Princeton Portfolio Strategies. They manage $512 million and $511 million respectively.
Ryan Gattin investment strategy
Lathrop Investment Management Corp’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 22.5% of
the total portfolio value.
The fund focuses on investments in the United States as
63.0% 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
56% of the total holdings value.
On the other hand, small-cap stocks make up only 2.5% of the portfolio.
The average market cap of the portfolio companies is close to $173 billion.
The complete list of Lathrop Investment Management Corp trades based on 13F SEC filings
These positions were updated on July 18th 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 |
8.31%
62,045
|
$27,731,000 | 5.42% |
| Wal-mart Stores Inc |
3.01%
332,427
|
$22,509,000 | 4.40% |
| Apple Inc |
1.55%
97,544
|
$20,545,000 | 4.02% |
| Martin Marietta Materials, Inc. |
9.08%
36,190
|
$19,608,000 | 3.83% |
| Kirby Corp. |
13.87%
162,376
|
$19,441,000 | 3.80% |
| Analog Devices Inc. |
4.77%
79,983
|
$18,257,000 | 3.57% |
| Jacobs Solutions Inc |
3.27%
128,722
|
$17,984,000 | 3.52% |
| Stryker Corp. |
2.63%
51,005
|
$17,354,000 | 3.39% |
| Thermo Fisher Scientific Inc. |
1.44%
31,184
|
$17,245,000 | 3.37% |
| Alcon Inc. |
2.54%
176,706
|
$15,741,000 | 3.08% |
| Charles Schwab Corp. |
1.07%
211,707
|
$15,601,000 | 3.05% |
| Adobe Systems Inc |
8.70%
27,453
|
$15,251,000 | 2.98% |
| Labcorp Holdings Inc. |
Closed
66,486
|
$14,525,000 | |
| Illinois Tool Works, Inc. |
8.00%
61,087
|
$14,475,000 | 2.83% |
| Acuity Brands, Inc. |
4.91%
59,427
|
$14,348,000 | 2.81% |
| Teradyne, Inc. |
3.87%
92,022
|
$13,646,000 | 2.67% |
| Labcorp Holdings Inc. |
Opened
66,099
|
$13,452,000 | 2.63% |
| Kinder Morgan Inc P |
10.53%
674,868
|
$13,410,000 | 2.62% |
| Home Depot, Inc. |
2.55%
37,882
|
$13,041,000 | 2.55% |
| Walt Disney Co (The) |
1.67%
125,943
|
$12,505,000 | 2.45% |
| RTX Corp |
27.51%
123,316
|
$12,380,000 | 2.42% |
| Markel Group Inc |
1.36%
7,668
|
$12,082,000 | 2.36% |
| Sony Group Corp |
5.27%
130,560
|
$11,091,000 | 2.17% |
| Johnson Controls International plc |
30.31%
162,210
|
$10,782,000 | 2.11% |
| Exxon Mobil Corp. |
2.49%
91,888
|
$10,578,000 | 2.07% |
| Cisco Systems, Inc. |
8.71%
212,625
|
$10,102,000 | 1.98% |
| Oracle Corp. |
84.13%
63,692
|
$8,993,000 | 1.76% |
| Schlumberger Ltd. |
2.47%
186,040
|
$8,777,000 | 1.72% |
| Cullen/frost Bankers Inc |
5.20%
83,873
|
$8,524,000 | 1.67% |
| United Parcel Service, Inc. |
2.29%
56,081
|
$7,675,000 | 1.50% |
| Nike Inc B |
0.39%
93,995
|
$7,084,000 | 1.39% |
| CVS Health Corp |
8.24%
117,693
|
$6,951,000 | 1.36% |
| Lam Research Corp. |
No change
6,113
|
$6,509,000 | 1.27% |
| International Business Machines Corp. |
13.23%
36,840
|
$6,371,000 | 1.25% |
| Charles River Laboratories International Inc. |
93.53%
30,288
|
$6,257,000 | 1.22% |
| Danaher Corp. |
108.86%
22,580
|
$5,642,000 | 1.10% |
| Schwab Us Mid-cap Etf |
4.76%
66,872
|
$5,205,000 | 1.02% |
| Accenture Plc A |
27.36%
17,145
|
$5,202,000 | 1.02% |
| GE Aerospace |
2.85%
28,201
|
$4,483,000 | 0.88% |
| Berkshire Hathaway Inc B |
0.25%
10,382
|
$4,223,000 | 0.83% |
| NVIDIA Corp |
1,281.26%
28,827
|
$3,561,000 | 0.70% |
| Advanced Micro Devices Inc. |
No change
13,366
|
$2,168,000 | 0.42% |
| Triumph Group Inc. |
4.11%
136,092
|
$2,097,000 | 0.41% |
| Olo Inc - Class A |
No change
434,100
|
$1,919,000 | 0.38% |
| Palo Alto Networks Inc |
No change
5,594
|
$1,896,000 | 0.37% |
| Schwab Us Aggregate Bond Etf |
7.98%
27,976
|
$1,275,000 | 0.25% |
| Berkshire Hat A 100th |
No change
200
|
$1,224,000 | 0.24% |
| Eli Lilly And Co |
0.91%
1,304
|
$1,181,000 | 0.23% |
| Coca-Cola Co |
5.21%
14,978
|
$953,000 | 0.19% |
| Vanguard Total Stock Market Etf |
Opened
3,067
|
$820,000 | 0.16% |
| Arista Networks Inc |
No change
2,285
|
$801,000 | 0.16% |
| Merck Co Inc |
No change
6,012
|
$744,000 | 0.15% |
| Bank of America Corporation |
No change
17,955
|
$714,000 | 0.14% |
| Johnson Johnson |
3.91%
4,765
|
$696,000 | 0.14% |
| Amazon.com Inc. |
1.79%
3,409
|
$659,000 | 0.13% |
| Abbvie Inc |
No change
3,773
|
$647,000 | 0.13% |
| Cadence Bank |
8.89%
22,791
|
$645,000 | 0.13% |
| Home Bancshares Inc |
4.32%
26,548
|
$636,000 | 0.12% |
| Alphabet Inc A |
No change
3,052
|
$556,000 | 0.11% |
| The Southern Co. |
No change
6,890
|
$534,000 | 0.10% |
| Tyson Foods, Inc. |
No change
8,563
|
$489,000 | 0.10% |
| Becton Dickinson Co |
Closed
1,936
|
$479,000 | |
| Jpmorgan Chase Co |
2.12%
2,313
|
$468,000 | 0.09% |
| Alphabet Inc C |
0.97%
2,253
|
$413,000 | 0.08% |
| Schwab Us Large-cap Etf |
4.21%
6,102
|
$392,000 | 0.08% |
| Abbott Laboratories |
No change
3,690
|
$383,000 | 0.07% |
| Waste Connections Inc |
3.15%
2,122
|
$372,000 | 0.07% |
| Invesco Sp 500 Equal Weight Etf |
18.67%
2,225
|
$366,000 | 0.07% |
| Costco Wholesale Corp |
No change
384
|
$326,000 | 0.06% |
| PayPal Holdings Inc |
Closed
4,828
|
$323,000 | |
| Regions Financial Corp. |
No change
15,268
|
$306,000 | 0.06% |
| Halliburton Co. |
Closed
7,754
|
$306,000 | |
| Jb Hunt Transport Services Inc |
No change
1,895
|
$303,000 | 0.06% |
| Bank OZK |
1.55%
6,825
|
$280,000 | 0.05% |
| American Electric Power Company Inc. |
No change
3,160
|
$277,000 | 0.05% |
| Pepsico Inc |
No change
1,665
|
$275,000 | 0.05% |
| Entergy Corp. |
No change
2,500
|
$268,000 | 0.05% |
| Schwab International Equity Etf |
1.90%
6,867
|
$264,000 | 0.05% |
| Kimberly-Clark Corp. |
No change
1,851
|
$256,000 | 0.05% |
| Bristol-Myers Squibb Co. |
Closed
4,697
|
$255,000 | |
| Vanguard Mid-cap Etf |
3.89%
1,038
|
$251,000 | 0.05% |
| Meta Platforms Inc |
No change
462
|
$233,000 | 0.05% |
| Procter Gamble Co |
0.08%
1,322
|
$218,000 | 0.04% |
| Ishares Russell Mid-cap Value Etf |
No change
1,781
|
$215,000 | 0.04% |
| Broadcom Inc. |
Opened
131
|
$210,000 | 0.04% |
| Dimensional U.S. Core Equity 2 ETF |
Closed
6,552
|
$209,000 | |
| Public Storage |
Closed
707
|
$205,000 | |
| Newell Brands Inc. |
5.71%
10,003
|
$64,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 88 holdings | |||
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