LATHROP INVESTMENT MANAGEMENT CO

LITTLE ROCK, AR · CIK 1124841 · 13F filing filed 2023-01-17

SEC-registered investment adviser since 2024 · limited liability company

Assets managed$1.0bn
Staff5 · 3 in investment roles
Main clients (by assets)High net worth individuals 58%, Pension plans 34%, Individuals 5%
Websitelimc.com
Form ADV · 2026-03-25SEC adviser record

$452.2m reported value +19.5% vs Q3 2022

81positions

36.2%in top 10

13 new 27 added 25 reduced 0 sold out vs Q3 2022

Holdings, Q4 2022

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MICROSOFT CORP COM MSFT	MSFT	77,506	$18.6m4.11%	4.11%	Reduced -301	-301 -0.4%
2	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	32,962	$18.2m4.01%	4.01%	Added +181	+181 0.6%
3	SCHWAB CHARLES CORP COM SCHW	SCHW	207,755	$17.3m3.83%	3.83%	Added +2.8k	+2,788 1.4%
4	JACOBS SOLUTIONS INC COM J	J	136,945	$16.4m3.64%	3.64%	Added +2.0k	+2,021 1.5%
5	MARTIN MARIETTA MATLS INC COM MLM	MLM	47,521	$16.1m3.55%	3.55%	Added +445	+445 0.9%
6	CVS HEALTH CORP COM CVS	CVS	171,144	$15.9m3.53%	3.53%	Reduced -7.8k	-7,787 -4.3%
7	ANALOG DEVICES INC COM ADI	ADI	95,768	$15.7m3.47%	3.47%	Reduced -1.6k	-1,621 -1.7%
8	APPLE INC COM AAPL	AAPL	119,137	$15.5m3.42%	3.42%	Added +108.8k	+108,814 1054.1%
9	EXXON MOBIL CORP COM XOM	XOM	137,348	$15.1m3.35%	3.35%	Reduced -4.2k	-4,185 -3.0%
10	WALMART INC COM WMT	WMT	106,209	$15.1m3.33%	3.33%	Reduced -490	-490 -0.5%
11	CULLEN FROST BANKERS INC COM CFR	CFR	111,349	$14.9m3.29%	3.29%	Added +110	+110 0.1%
12	LABORATORY CORP AMER HLDGS COM NEW COM NEW		62,819	$14.8m3.27%	3.27%	Added +232	+232 0.4%
13	ILLINOIS TOOL WKS INC COM ITW	ITW	66,113	$14.6m3.22%	3.22%	Added +1.7k	+1,677 2.6%
14	SCHLUMBERGER LTD COM STK SLB	SLB	268,868	$14.4m3.18%	3.18%	Reduced -12.1k	-12,072 -4.3%
15	RTX CORPORATION COM RTX	RTX	129,932	$13.1m2.90%	2.90%	Added +5.5k	+5,509 4.4%
16	UNITED PARCEL SERVICE INC CL B UPS	UPS	74,326	$12.9m2.86%	2.86%	Added +327	+327 0.4%
17	KIRBY CORP COM KEX	KEX	199,206	$12.8m2.83%	2.83%	Added +3.1k	+3,066 1.6%
18	KINDER MORGAN INC DEL COM KMI	KMI	704,012	$12.7m2.81%	2.81%	Added +17.7k	+17,741 2.6%
19	NIKE INC CL B NKE	NKE	108,100	$12.6m2.80%	2.80%	Added +4.4k	+4,386 4.2%
20	STRYKER CORPORATION COM SYK	SYK	50,583	$12.4m2.73%	2.73%	Added +1.7k	+1,721 3.5%
21	ACUITY INC COM AYI	AYI	73,878	$12.2m2.71%	2.71%	Added +1.7k	+1,732 2.4%
22	ALCON AG ORD SHS ALC	ALC	177,142	$12.1m2.69%	2.69%	Added +4.1k	+4,123 2.4%
23	CISCO SYS INC COM CSCO	CSCO	250,512	$11.9m2.64%	2.64%	Added +2.9k	+2,888 1.2%
24	HOME DEPOT INC COM HD	HD	37,520	$11.9m2.62%	2.62%	Added +227	+227 0.6%
25	ADOBE INC COM ADBE	ADBE	33,482	$11.3m2.49%	2.49%	Added +1.7k	+1,726 5.4%
26	JOHNSON CTLS INTL PLC SHS JCI	JCI	158,042	$10.1m2.24%	2.24%	Added +4.8k	+4,787 3.1%
27	DISNEY WALT CO COM DIS	DIS	115,026	$10.0m2.21%	2.21%	Added +9.4k	+9,371 8.9%
28	SONY GROUP CORP SPONSORED ADR SONY	SONY	109,310	$8.3m1.84%	1.84%	Reduced -1.1k	-1,081 -1.0%
29	TERADYNE INC COM TER	TER	89,138	$7.8m1.72%	1.72%	Added +8.1k	+8,075 10.0%
30	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	49,935	$7.0m1.56%	1.56%	Reduced -167	-167 -0.3%
31	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	82,570	$5.4m1.20%	1.20%	Reduced -980	-980 -1.2%
32	PAYPAL HLDGS INC COM PYPL	PYPL	68,519	$4.9m1.08%	1.08%	Reduced -17.4k	-17,448 -20.3%
33	LAM RESEARCH CORP COM COM		10,893	$4.6m1.01%	1.01%	New
34	NEWELL BRANDS INC COM NWL	NWL	332,119	$4.3m0.96%	0.96%	Reduced -116.3k	-116,333 -25.9%
35	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	11,015	$3.4m0.75%	0.75%	Reduced -3	-3 -0.0%
36	GE AEROSPACE COM NEW GE	GE	36,567	$3.1m0.68%	0.68%	Reduced -225	-225 -0.6%
37	TRIUMPH GROUP INC NEW COM TGI	TGI	206,187	$2.2m0.48%	0.48%	Added +2.5k	+2,543 1.2%
38	BECTON DICKINSON & CO COM BDX	BDX	5,517	$1.4m0.31%	0.31%	Reduced -485	-485 -8.1%
39	ALPHABET INC CAP STK CL A GOOGL	GOOGL	11,853	$1.0m0.23%	0.23%	New
40	COCA COLA CO COM KO	KO	15,962	$1.0m0.22%	0.22%	Reduced -75	-75 -0.5%
41	Berkshire Hat A 100th COM COM		200	$937.0k0.21%	0.21%	Unchanged
42	COSTCO WHSL CORP NEW COM COST	COST	2,041	$932.0k0.21%	0.21%	New
43	JOHNSON & JOHNSON COM JNJ	JNJ	5,047	$892.0k0.20%	0.20%	Reduced -12	-12 -0.2%
44	SCHWAB STRATEGIC TR US AGGREGATE B SCHZ	SCHZ	19,332	$883.0k0.20%	0.20%	Reduced -117	-117 -0.6%
45	NVIDIA CORPORATION COM NVDA	NVDA	5,950	$870.0k0.19%	0.19%	New
46	ADVANCED MICRO DEVICES INC COM AMD	AMD	13,389	$867.0k0.19%	0.19%	New
47	PALO ALTO NETWORKS INC COM PANW	PANW	5,585	$779.0k0.17%	0.17%	New
48	CADENCE BANK COM BXS	BXS	29,934	$738.0k0.16%	0.16%	Unchanged
49	ABBVIE INC COM ABBV	ABBV	4,188	$677.0k0.15%	0.15%	Added +415	+415 11.0%
50	HOME BANCSHARES INC COM HOMB	HOMB	29,033	$662.0k0.15%	0.15%	Reduced -7.7k	-7,690 -20.9%
51	MERCK & CO INC COM MRK	MRK	5,898	$654.0k0.14%	0.14%	Reduced -45	-45 -0.8%
52	BANK AMERICA CORP COM BAC	BAC	19,003	$629.0k0.14%	0.14%	Reduced -1.9k	-1,922 -9.2%
53	REGIONS FINANCIAL CORP NEW COM RF	RF	27,575	$595.0k0.13%	0.13%	Unchanged
54	TYSON FOODS INC CL A TSN	TSN	8,563	$533.0k0.12%	0.12%	Unchanged
55	DANAHER CORPORATION COM DHR	DHR	2,005	$532.0k0.12%	0.12%	Unchanged
56	SOUTHERN CO COM SO	SO	7,452	$532.0k0.12%	0.12%	Added +482	+482 6.9%
57	ELI LILLY & CO COM LLY	LLY	1,436	$525.0k0.12%	0.12%	Unchanged
58	ABBOTT LABS COM ABT	ABT	4,125	$453.0k0.10%	0.10%	Added +415	+415 11.2%
59	HUNT J B TRANS SVCS INC COM JBHT	JBHT	2,065	$360.0k0.08%	0.08%	Reduced -97	-97 -4.5%
60	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	4,872	$351.0k0.08%	0.08%	Reduced -218	-218 -4.3%
61	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	10,572	$341.0k0.08%	0.08%	Reduced -147	-147 -1.4%
62	JPMORGAN CHASE & CO COM JPM	JPM	2,531	$339.0k0.07%	0.07%	Unchanged
63	PEPSICO INC COM PEP	PEP	1,780	$322.0k0.07%	0.07%	Unchanged
64	ALPHABET INC CAP STK CL C GOOG	GOOG	3,580	$318.0k0.07%	0.07%	New
65	ISHARES TR RUS MDCP VAL ETF IWS	IWS	2,981	$314.0k0.07%	0.07%	Unchanged
66	WASTE CONNECTIONS INC COM WCN	WCN	2,360	$313.0k0.07%	0.07%	Unchanged
67	AMERICAN ELEC PWR CO INC COM AEP	AEP	3,288	$312.0k0.07%	0.07%	Unchanged
68	PROCTER AND GAMBLE CO COM PG	PG	2,043	$310.0k0.07%	0.07%	New
69	HALLIBURTON CO COM HAL	HAL	7,754	$305.0k0.07%	0.07%	Reduced -1.4k	-1,440 -15.7%
70	AMAZON COM INC COM AMZN	AMZN	3,614	$304.0k0.07%	0.07%	New
71	ENTERGY CORP NEW COM ETR	ETR	2,500	$281.0k0.06%	0.06%	Unchanged
72	ARISTA NETWORKS INC COM COM		2,305	$280.0k0.06%	0.06%	New
73	BANK OZK LITTLE ROCK ARK COM OZK	OZK	6,721	$269.0k0.06%	0.06%	Reduced -426	-426 -6.0%
74	VANGUARD INDEX FDS MID CAP ETF VO	VO	1,260	$257.0k0.06%	0.06%	Unchanged
75	KIMBERLY-CLARK CORP COM KMB	KMB	1,851	$251.0k0.06%	0.06%	Unchanged
76	ISHARES TR RUS 1000 VAL ETF IWD	IWD	1,468	$223.0k0.05%	0.05%	New
77	DIMENSIONAL ETF TRUST US CORE EQUITY 2 DFAC	DFAC	9,052	$220.0k0.05%	0.05%	New
78	PUBLIC STORAGE COM PSA	PSA	767	$215.0k0.05%	0.05%	Unchanged
79	VERIZON COMMUNICATIONS INC COM VZ	VZ	5,466	$215.0k0.05%	0.05%	Added +3	+3 0.1%
80	AT&T INC COM T	T	10,576	$195.0k0.04%	0.04%	New
81	SOUTHWESTERN ENERGY CO COM SWN	SWN	21,675	$127.0k0.03%	0.03%	Unchanged