LATHROP INVESTMENT MANAGEMENT CO

LITTLE ROCK, AR · CIK 1124841 · 13F filing filed 2024-07-18

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

$511.4m reported value -1.0% vs Q1 2024

81positions

38.4%in top 10

3 new 14 added 42 reduced 7 sold out vs Q1 2024

Holdings, Q2 2024

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	62,045	$27.7m5.42%	5.42%	Reduced -5.6k	-5,622 -8.3%
2	WALMART INC COM WMT	WMT	332,427	$22.5m4.40%	4.40%	Reduced -10.3k	-10,334 -3.0%
3	APPLE INC COM AAPL	AAPL	97,544	$20.5m4.02%	4.02%	Reduced -1.5k	-1,538 -1.6%
4	MARTIN MARIETTA MATLS INC COM MLM	MLM	36,190	$19.6m3.83%	3.83%	Reduced -3.6k	-3,613 -9.1%
5	KIRBY CORP COM KEX	KEX	162,376	$19.4m3.80%	3.80%	Reduced -26.2k	-26,154 -13.9%
6	ANALOG DEVICES INC COM ADI	ADI	79,983	$18.3m3.57%	3.57%	Reduced -4.0k	-4,008 -4.8%
7	JACOBS SOLUTIONS INC COM J	J	128,722	$18.0m3.52%	3.52%	Reduced -4.4k	-4,358 -3.3%
8	STRYKER CORPORATION COM SYK	SYK	51,005	$17.4m3.39%	3.39%	Reduced -1.4k	-1,377 -2.6%
9	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	31,184	$17.2m3.37%	3.37%	Reduced -455	-455 -1.4%
10	ALCON AG ORD SHS ALC	ALC	176,706	$15.7m3.08%	3.08%	Reduced -4.6k	-4,610 -2.5%
11	SCHWAB CHARLES CORP COM SCHW	SCHW	211,707	$15.6m3.05%	3.05%	Reduced -2.3k	-2,285 -1.1%
12	ADOBE INC COM ADBE	ADBE	27,453	$15.3m2.98%	2.98%	Reduced -2.6k	-2,617 -8.7%
13	ILLINOIS TOOL WKS INC COM ITW	ITW	61,087	$14.5m2.83%	2.83%	Reduced -5.3k	-5,310 -8.0%
14	ACUITY INC COM AYI	AYI	59,427	$14.3m2.81%	2.81%	Reduced -3.1k	-3,071 -4.9%
15	TERADYNE INC COM TER	TER	92,022	$13.6m2.67%	2.67%	Reduced -3.7k	-3,708 -3.9%
16	LABCORP HOLDINGS INC COM SHS LH	LH	66,099	$13.5m2.63%	2.63%	New
17	KINDER MORGAN INC DEL COM KMI	KMI	674,868	$13.4m2.62%	2.62%	Added +64.3k	+64,307 10.5%
18	HOME DEPOT INC COM HD	HD	37,882	$13.0m2.55%	2.55%	Reduced -992	-992 -2.5%
19	DISNEY WALT CO COM DIS	DIS	125,943	$12.5m2.45%	2.45%	Added +2.1k	+2,063 1.7%
20	RTX CORPORATION COM RTX	RTX	123,316	$12.4m2.42%	2.42%	Added +26.6k	+26,602 27.5%
21	MARKEL GROUP INC COM MKL	MKL	7,668	$12.1m2.36%	2.36%	Reduced -106	-106 -1.4%
22	SONY GROUP CORP SPONSORED ADR SONY	SONY	130,560	$11.1m2.17%	2.17%	Reduced -7.3k	-7,263 -5.3%
23	JOHNSON CTLS INTL PLC SHS JCI	JCI	162,210	$10.8m2.11%	2.11%	Added +37.7k	+37,731 30.3%
24	EXXON MOBIL CORP COM XOM	XOM	91,888	$10.6m2.07%	2.07%	Reduced -2.3k	-2,347 -2.5%
25	CISCO SYS INC COM CSCO	CSCO	212,625	$10.1m1.98%	1.98%	Reduced -20.3k	-20,296 -8.7%
26	ORACLE CORP COM ORCL	ORCL	63,692	$9.0m1.76%	1.76%	Added +29.1k	+29,102 84.1%
27	SCHLUMBERGER LTD COM STK SLB	SLB	186,040	$8.8m1.72%	1.72%	Reduced -4.7k	-4,703 -2.5%
28	CULLEN FROST BANKERS INC COM CFR	CFR	83,873	$8.5m1.67%	1.67%	Reduced -4.6k	-4,598 -5.2%
29	UNITED PARCEL SERVICE INC CL B UPS	UPS	56,081	$7.7m1.50%	1.50%	Reduced -1.3k	-1,317 -2.3%
30	NIKE INC CL B NKE	NKE	93,995	$7.1m1.39%	1.39%	Reduced -365	-365 -0.4%
31	CVS HEALTH CORP COM CVS	CVS	117,693	$7.0m1.36%	1.36%	Reduced -10.6k	-10,575 -8.2%
32	LAM RESEARCH CORP COM COM		6,113	$6.5m1.27%	1.27%	Unchanged
33	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	36,840	$6.4m1.25%	1.25%	Reduced -5.6k	-5,615 -13.2%
34	CHARLES RIV LABS INTL INC COM CRL	CRL	30,288	$6.3m1.22%	1.22%	Added +14.6k	+14,638 93.5%
35	DANAHER CORPORATION COM DHR	DHR	22,580	$5.6m1.10%	1.10%	Added +11.8k	+11,769 108.9%
36	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	66,872	$5.2m1.02%	1.02%	Reduced -3.3k	-3,343 -4.8%
37	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	17,145	$5.2m1.02%	1.02%	Added +3.7k	+3,683 27.4%
38	GE AEROSPACE COM NEW GE	GE	28,201	$4.5m0.88%	0.88%	Reduced -827	-827 -2.9%
39	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	10,382	$4.2m0.83%	0.83%	Reduced -26	-26 -0.2%
40	NVIDIA CORPORATION COM NVDA	NVDA	28,827	$3.6m0.70%	0.70%	Added +8.0k	+7,957 38.1%
41	ADVANCED MICRO DEVICES INC COM AMD	AMD	13,366	$2.2m0.42%	0.42%	Unchanged
42	TRIUMPH GROUP INC NEW COM TGI	TGI	136,092	$2.1m0.41%	0.41%	Reduced -5.8k	-5,840 -4.1%
43	OLO INC CL A OLO	OLO	434,100	$1.9m0.38%	0.38%	Unchanged
44	PALO ALTO NETWORKS INC COM PANW	PANW	5,594	$1.9m0.37%	0.37%	Unchanged
45	SCHWAB STRATEGIC TR US AGGREGATE B SCHZ	SCHZ	27,976	$1.3m0.25%	0.25%	Added +2.1k	+2,068 8.0%
46	Berkshire Hat A 100th COM COM		200	$1.2m0.24%	0.24%	Unchanged
47	ELI LILLY & CO COM LLY	LLY	1,304	$1.2m0.23%	0.23%	Reduced -12	-12 -0.9%
48	COCA COLA CO COM KO	KO	14,978	$953.0k0.19%	0.19%	Reduced -824	-824 -5.2%
49	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	3,067	$820.0k0.16%	0.16%	New
50	ARISTA NETWORKS INC COM COM		2,285	$801.0k0.16%	0.16%	Unchanged
51	MERCK & CO INC COM MRK	MRK	6,012	$744.0k0.15%	0.15%	Unchanged
52	BANK AMERICA CORP COM BAC	BAC	17,955	$714.0k0.14%	0.14%	Unchanged
53	JOHNSON & JOHNSON COM JNJ	JNJ	4,765	$696.0k0.14%	0.14%	Reduced -194	-194 -3.9%
54	AMAZON COM INC COM AMZN	AMZN	3,409	$659.0k0.13%	0.13%	Added +60	+60 1.8%
55	ABBVIE INC COM ABBV	ABBV	3,773	$647.0k0.13%	0.13%	Unchanged
56	CADENCE BANK COM BXS	BXS	22,791	$645.0k0.13%	0.13%	Reduced -2.2k	-2,223 -8.9%
57	HOME BANCSHARES INC COM HOMB	HOMB	26,548	$636.0k0.12%	0.12%	Reduced -1.2k	-1,200 -4.3%
58	ALPHABET INC CAP STK CL A GOOGL	GOOGL	3,052	$556.0k0.11%	0.11%	Unchanged
59	SOUTHERN CO COM SO	SO	6,890	$534.0k0.10%	0.10%	Unchanged
60	TYSON FOODS INC CL A TSN	TSN	8,563	$489.0k0.10%	0.10%	Unchanged
61	JPMORGAN CHASE & CO COM JPM	JPM	2,313	$468.0k0.09%	0.09%	Reduced -50	-50 -2.1%
62	ALPHABET INC CAP STK CL C GOOG	GOOG	2,253	$413.0k0.08%	0.08%	Reduced -22	-22 -1.0%
63	SCHWAB STRATEGIC TR US LRG CAP ETF SCHX	SCHX	6,102	$392.0k0.08%	0.08%	Reduced -268	-268 -4.2%
64	ABBOTT LABS COM ABT	ABT	3,690	$383.0k0.07%	0.07%	Unchanged
65	WASTE CONNECTIONS INC COM WCN	WCN	2,122	$372.0k0.07%	0.07%	Reduced -69	-69 -3.1%
66	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	2,225	$366.0k0.07%	0.07%	Added +350	+350 18.7%
67	COSTCO WHSL CORP NEW COM COST	COST	384	$326.0k0.06%	0.06%	Unchanged
68	REGIONS FINANCIAL CORP NEW COM RF	RF	15,268	$306.0k0.06%	0.06%	Unchanged
69	HUNT J B TRANS SVCS INC COM JBHT	JBHT	1,895	$303.0k0.06%	0.06%	Unchanged
70	BANK OZK LITTLE ROCK ARK COM OZK	OZK	6,825	$280.0k0.05%	0.05%	Added +104	+104 1.6%
71	AMERICAN ELEC PWR CO INC COM AEP	AEP	3,160	$277.0k0.05%	0.05%	Unchanged
72	PEPSICO INC COM PEP	PEP	1,665	$275.0k0.05%	0.05%	Unchanged
73	ENTERGY CORP NEW COM ETR	ETR	2,500	$268.0k0.05%	0.05%	Unchanged
74	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	6,867	$264.0k0.05%	0.05%	Reduced -133	-133 -1.9%
75	KIMBERLY-CLARK CORP COM KMB	KMB	1,851	$256.0k0.05%	0.05%	Unchanged
76	VANGUARD INDEX FDS MID CAP ETF VO	VO	1,038	$251.0k0.05%	0.05%	Reduced -42	-42 -3.9%
77	META PLATFORMS INC CL A META	META	462	$233.0k0.05%	0.05%	Unchanged
78	PROCTER AND GAMBLE CO COM PG	PG	1,322	$218.0k0.04%	0.04%	Added +1	+1 0.1%
79	ISHARES TR RUS MDCP VAL ETF IWS	IWS	1,781	$215.0k0.04%	0.04%	Unchanged
80	BROADCOM INC COM AVGO	AVGO	131	$210.0k0.04%	0.04%	New
81	NEWELL BRANDS INC COM NWL	NWL	10,003	$64.0k0.01%	0.01%	Reduced -606	-606 -5.7%

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
LABORATORY CORP AMER HLDGS		66,486	$14.5m66.5k shares
BECTON DICKINSON & CO BDX	BDX	1,936	$479.0k1.9k shares
PAYPAL HLDGS INC PYPL	PYPL	4,828	$323.0k4.8k shares
HALLIBURTON CO HAL	HAL	7,754	$306.0k7.8k shares
BRISTOL-MYERS SQUIBB CO BMY	BMY	4,697	$255.0k4.7k shares
DIMENSIONAL ETF TRUST DFAC	DFAC	6,552	$209.0k6.6k shares
PUBLIC STORAGE PSA	PSA	707	$205.0k707 shares