LATHROP INVESTMENT MANAGEMENT CO

LITTLE ROCK, AR · CIK 1124841 · 13F filing filed 2023-08-02

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

$492.1m reported value +4.5% vs Q1 2023

83positions

38.3%in top 10

2 new 19 added 41 reduced 4 sold out vs Q1 2023

Holdings, Q2 2023

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	76,307	$26.0m5.28%	5.28%	Reduced -694	-694 -0.9%
2	MARTIN MARIETTA MATLS INC COM MLM	MLM	47,439	$21.9m4.45%	4.45%	Added +130	+130 0.3%
3	APPLE INC COM AAPL	AAPL	111,218	$21.6m4.38%	4.38%	Reduced -6.5k	-6,465 -5.5%
4	ANALOG DEVICES INC COM ADI	ADI	96,745	$18.8m3.83%	3.83%	Added +1.2k	+1,187 1.2%
5	ADOBE INC COM ADBE	ADBE	36,095	$17.6m3.59%	3.59%	Added +561	+561 1.6%
6	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	32,751	$17.1m3.47%	3.47%	Reduced -5	-5 -0.0%
7	STRYKER CORPORATION COM SYK	SYK	54,777	$16.7m3.40%	3.40%	Added +3.5k	+3,460 6.7%
8	WALMART INC COM WMT	WMT	105,995	$16.7m3.39%	3.39%	Added +1.2k	+1,166 1.1%
9	ILLINOIS TOOL WKS INC COM ITW	ITW	65,564	$16.4m3.33%	3.33%	Added +924	+924 1.4%
10	KIRBY CORP COM KEX	KEX	204,963	$15.8m3.21%	3.21%	Added +5.5k	+5,505 2.8%
11	JACOBS SOLUTIONS INC COM J	J	132,198	$15.7m3.19%	3.19%	Reduced -5.2k	-5,208 -3.8%
12	ALCON AG ORD SHS ALC	ALC	188,736	$15.5m3.15%	3.15%	Added +9.6k	+9,589 5.3%
13	CISCO SYS INC COM CSCO	CSCO	262,774	$13.6m2.76%	2.76%	Added +4.7k	+4,654 1.8%
14	EXXON MOBIL CORP COM XOM	XOM	126,372	$13.6m2.75%	2.75%	Reduced -2.4k	-2,353 -1.8%
15	LABORATORY CORP AMER HLDGS COM NEW COM NEW		55,714	$13.4m2.73%	2.73%	Reduced -4.7k	-4,652 -7.7%
16	SONY GROUP CORP SPONSORED ADR SONY	SONY	148,241	$13.3m2.71%	2.71%	Added +19.9k	+19,898 15.5%
17	RTX CORPORATION COM RTX	RTX	129,437	$12.7m2.58%	2.58%	Reduced -2.6k	-2,624 -2.0%
18	UNITED PARCEL SERVICE INC CL B UPS	UPS	70,326	$12.6m2.56%	2.56%	Reduced -3.4k	-3,363 -4.6%
19	NIKE INC CL B NKE	NKE	111,776	$12.3m2.51%	2.51%	Added +2.4k	+2,374 2.2%
20	SCHWAB CHARLES CORP COM SCHW	SCHW	215,226	$12.2m2.48%	2.48%	Added +5.4k	+5,447 2.6%
21	SCHLUMBERGER LTD COM STK SLB	SLB	241,014	$11.8m2.41%	2.41%	Reduced -8.7k	-8,696 -3.5%
22	HOME DEPOT INC COM HD	HD	37,448	$11.6m2.36%	2.36%	Reduced -243	-243 -0.6%
23	ACUITY INC COM AYI	AYI	70,723	$11.5m2.34%	2.34%	Reduced -2.9k	-2,874 -3.9%
24	KINDER MORGAN INC DEL COM KMI	KMI	646,633	$11.1m2.26%	2.26%	Reduced -56.3k	-56,344 -8.0%
25	CULLEN FROST BANKERS INC COM CFR	CFR	102,652	$11.0m2.24%	2.24%	Reduced -7.3k	-7,304 -6.6%
26	DISNEY WALT CO COM DIS	DIS	122,142	$10.9m2.22%	2.22%	Added +1.9k	+1,853 1.5%
27	JOHNSON CTLS INTL PLC SHS JCI	JCI	158,693	$10.8m2.20%	2.20%	Reduced -3.9k	-3,891 -2.4%
28	TERADYNE INC COM TER	TER	94,459	$10.5m2.14%	2.14%	Added +2.7k	+2,710 3.0%
29	CVS HEALTH CORP COM CVS	CVS	142,977	$9.9m2.01%	2.01%	Reduced -20.8k	-20,820 -12.7%
30	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	50,250	$6.7m1.37%	1.37%	Reduced -22	-22 -0.0%
31	MARKEL GROUP INC COM MKL	MKL	4,708	$6.5m1.32%	1.32%	New
32	PAYPAL HLDGS INC COM PYPL	PYPL	96,500	$6.4m1.31%	1.31%	Reduced -947	-947 -1.0%
33	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	80,119	$5.7m1.16%	1.16%	Reduced -151	-151 -0.2%
34	LAM RESEARCH CORP COM COM		8,335	$5.4m1.09%	1.09%	Reduced -2.5k	-2,505 -23.1%
35	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	10,976	$3.7m0.76%	0.76%	Added +8	+8 0.1%
36	GE AEROSPACE COM NEW GE	GE	32,486	$3.6m0.73%	0.73%	Reduced -862	-862 -2.6%
37	OLO INC CL A OLO	OLO	434,100	$2.8m0.57%	0.57%	New
38	NVIDIA CORPORATION COM NVDA	NVDA	5,823	$2.5m0.50%	0.50%	Reduced -117	-117 -2.0%
39	TRIUMPH GROUP INC NEW COM TGI	TGI	191,390	$2.4m0.48%	0.48%	Reduced -470	-470 -0.2%
40	ADVANCED MICRO DEVICES INC COM AMD	AMD	13,389	$1.5m0.31%	0.31%	Unchanged
41	PALO ALTO NETWORKS INC COM PANW	PANW	5,645	$1.4m0.29%	0.29%	Reduced -50	-50 -0.9%
42	ALPHABET INC CAP STK CL A GOOGL	GOOGL	11,228	$1.3m0.27%	0.27%	Reduced -800	-800 -6.7%
43	BECTON DICKINSON & CO COM BDX	BDX	4,826	$1.3m0.26%	0.26%	Reduced -629	-629 -11.5%
44	Berkshire Hat A 100th COM COM		200	$1.0m0.21%	0.21%	Unchanged
45	SCHWAB STRATEGIC TR US AGGREGATE B SCHZ	SCHZ	21,504	$993.0k0.20%	0.20%	Added +738	+738 3.5%
46	COCA COLA CO COM KO	KO	15,911	$958.0k0.19%	0.19%	Unchanged
47	GE HEALTHCARE TECHNOLOGIES I COMMON STOCK GEHC	GEHC	10,940	$889.0k0.18%	0.18%	Reduced -114	-114 -1.0%
48	COSTCO WHSL CORP NEW COM COST	COST	1,569	$845.0k0.17%	0.17%	Reduced -21	-21 -1.3%
49	JOHNSON & JOHNSON COM JNJ	JNJ	4,977	$824.0k0.17%	0.17%	Reduced -70	-70 -1.4%
50	ELI LILLY & CO COM LLY	LLY	1,458	$684.0k0.14%	0.14%	Added +22	+22 1.5%
51	MERCK & CO INC COM MRK	MRK	5,898	$681.0k0.14%	0.14%	Unchanged
52	HOME BANCSHARES INC COM HOMB	HOMB	28,782	$656.0k0.13%	0.13%	Reduced -100	-100 -0.3%
53	BANK AMERICA CORP COM BAC	BAC	18,255	$524.0k0.11%	0.11%	Reduced -320	-320 -1.7%
54	SOUTHERN CO COM SO	SO	7,412	$521.0k0.11%	0.11%	Reduced -40	-40 -0.5%
55	ABBVIE INC COM ABBV	ABBV	3,773	$508.0k0.10%	0.10%	Unchanged
56	CADENCE BANK COM BXS	BXS	25,014	$491.0k0.10%	0.10%	Reduced -64	-64 -0.3%
57	DANAHER CORPORATION COM DHR	DHR	2,039	$489.0k0.10%	0.10%	Reduced -11	-11 -0.5%
58	REGIONS FINANCIAL CORP NEW COM RF	RF	26,575	$474.0k0.10%	0.10%	Unchanged
59	AMAZON COM INC COM AMZN	AMZN	3,475	$453.0k0.09%	0.09%	Reduced -86	-86 -2.4%
60	TYSON FOODS INC CL A TSN	TSN	8,563	$437.0k0.09%	0.09%	Unchanged
61	ALPHABET INC CAP STK CL C GOOG	GOOG	3,410	$413.0k0.08%	0.08%	Unchanged
62	ABBOTT LABS COM ABT	ABT	3,690	$402.0k0.08%	0.08%	Reduced -20	-20 -0.5%
63	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	10,830	$386.0k0.08%	0.08%	Added +574	+574 5.6%
64	ARISTA NETWORKS INC COM COM		2,305	$374.0k0.08%	0.08%	Unchanged
65	JPMORGAN CHASE & CO COM JPM	JPM	2,431	$354.0k0.07%	0.07%	Reduced -100	-100 -4.0%
66	HUNT J B TRANS SVCS INC COM JBHT	JBHT	1,895	$343.0k0.07%	0.07%	Unchanged
67	WASTE CONNECTIONS INC COM WCN	WCN	2,374	$339.0k0.07%	0.07%	Unchanged
68	PEPSICO INC COM PEP	PEP	1,706	$316.0k0.06%	0.06%	Unchanged
69	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	4,772	$305.0k0.06%	0.06%	Unchanged
70	VANGUARD INDEX FDS MID CAP ETF VO	VO	1,260	$277.0k0.06%	0.06%	Unchanged
71	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	1,840	$275.0k0.06%	0.06%	Unchanged
72	BANK OZK LITTLE ROCK ARK COM OZK	OZK	6,721	$270.0k0.05%	0.05%	Unchanged
73	AMERICAN ELEC PWR CO INC COM AEP	AEP	3,160	$266.0k0.05%	0.05%	Reduced -128	-128 -3.9%
74	HALLIBURTON CO COM HAL	HAL	7,754	$256.0k0.05%	0.05%	Unchanged
75	KIMBERLY-CLARK CORP COM KMB	KMB	1,851	$256.0k0.05%	0.05%	Unchanged
76	ORACLE CORP COM ORCL	ORCL	2,121	$253.0k0.05%	0.05%	Reduced -40	-40 -1.9%
77	ENTERGY CORP NEW COM ETR	ETR	2,500	$243.0k0.05%	0.05%	Unchanged
78	NEWELL BRANDS INC COM NWL	NWL	27,671	$241.0k0.05%	0.05%	Reduced -320.4k	-320,377 -92.0%
79	PUBLIC STORAGE COM PSA	PSA	767	$224.0k0.05%	0.05%	Unchanged
80	ISHARES TR RUS MDCP VAL ETF IWS	IWS	1,981	$218.0k0.04%	0.04%	Reduced -1.0k	-1,000 -33.5%
81	PROCTER AND GAMBLE CO COM PG	PG	1,369	$208.0k0.04%	0.04%	Reduced -58	-58 -4.1%
82	AT&T INC COM T	T	10,635	$170.0k0.03%	0.03%	Added +44	+44 0.4%
83	SOUTHWESTERN ENERGY CO COM SWN	SWN	21,675	$130.0k0.03%	0.03%	Unchanged

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
DIMENSIONAL ETF TRUST DFAC	DFAC	9,052	$231.0k9.1k shares
ISHARES TR IWD	IWD	1,468	$224.0k1.5k shares
VERIZON COMMUNICATIONS INC VZ	VZ	5,467	$213.0k5.5k shares
STMICROELECTRONICS N V STM	STM	3,900	$209.0k3.9k shares