LATHROP INVESTMENT MANAGEMENT CO

LITTLE ROCK, AR · CIK 1124841 · 13F filing filed 2025-08-04

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

$528.9m reported value +5.0% vs Q1 2025

83positions

36.7%in top 10

6 new 18 added 39 reduced 6 sold out vs Q1 2025

Holdings, Q2 2025

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	WALMART INC COM WMT	WMT	274,571	$26.8m5.08%	5.08%	Reduced -9.1k	-9,134 -3.2%
2	MICROSOFT CORP COM MSFT	MSFT	53,076	$26.4m4.99%	4.99%	Reduced -2.0k	-1,983 -3.6%
3	KINDER MORGAN INC DEL COM KMI	KMI	637,137	$18.7m3.54%	3.54%	Reduced -15.8k	-15,767 -2.4%
4	LABCORP HOLDINGS INC COM SHS LH	LH	69,559	$18.3m3.45%	3.45%	Reduced -1.1k	-1,126 -1.6%
5	STRYKER CORPORATION COM SYK	SYK	45,317	$17.9m3.39%	3.39%	Reduced -1.4k	-1,417 -3.0%
6	RTX CORPORATION COM RTX	RTX	121,930	$17.8m3.37%	3.37%	Reduced -1.8k	-1,774 -1.4%
7	MARTIN MARIETTA MATLS INC COM MLM	MLM	32,263	$17.7m3.35%	3.35%	Reduced -319	-319 -1.0%
8	SCHWAB CHARLES CORP COM SCHW	SCHW	189,064	$17.2m3.26%	3.26%	Reduced -11.3k	-11,336 -5.7%
9	JACOBS SOLUTIONS INC COM J	J	128,958	$17.0m3.21%	3.21%	Added +577	+577 0.5%
10	ANALOG DEVICES INC COM ADI	ADI	68,854	$16.4m3.10%	3.10%	Reduced -2.3k	-2,302 -3.2%
11	SONY GROUP CORP SPONSORED ADR SONY	SONY	628,021	$16.3m3.09%	3.09%	Reduced -20.2k	-20,181 -3.1%
12	CISCO SYS INC COM CSCO	CSCO	228,384	$15.8m3.00%	3.00%	Reduced -16.4k	-16,437 -6.7%
13	DISNEY WALT CO COM DIS	DIS	126,962	$15.7m2.98%	2.98%	Reduced -3.2k	-3,186 -2.5%
14	KIRBY CORP COM KEX	KEX	137,886	$15.6m2.96%	2.96%	Reduced -5.7k	-5,715 -4.0%
15	JOHNSON CTLS INTL PLC SHS JCI	JCI	147,742	$15.6m2.95%	2.95%	Reduced -9.0k	-8,951 -5.7%
16	ALCON AG ORD SHS ALC	ALC	176,661	$15.6m2.95%	2.95%	Added +7.6k	+7,598 4.5%
17	ACUITY INC COM AYI	AYI	51,623	$15.4m2.91%	2.91%	Reduced -5.5k	-5,515 -9.7%
18	APPLE INC COM AAPL	AAPL	70,044	$14.4m2.72%	2.72%	Reduced -17.8k	-17,804 -20.3%
19	MARKEL GROUP INC COM MKL	MKL	7,167	$14.3m2.71%	2.71%	Reduced -408	-408 -5.4%
20	HOME DEPOT INC COM HD	HD	37,035	$13.6m2.57%	2.57%	Reduced -1.1k	-1,051 -2.8%
21	ORACLE CORP COM ORCL	ORCL	60,899	$13.3m2.52%	2.52%	Reduced -973	-973 -1.6%
22	ILLINOIS TOOL WKS INC COM ITW	ITW	51,971	$12.8m2.43%	2.43%	Reduced -6.9k	-6,926 -11.8%
23	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	40,779	$12.0m2.27%	2.27%	Added +652	+652 1.6%
24	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	29,502	$12.0m2.26%	2.26%	Added +834	+834 2.9%
25	EXXON MOBIL CORP COM XOM	XOM	106,936	$11.5m2.18%	2.18%	Added +3.9k	+3,894 3.8%
26	JPMORGAN CHASE & CO COM JPM	JPM	38,397	$11.1m2.10%	2.10%	Added +32.2k	+32,224 522.0%
27	ADOBE INC COM ADBE	ADBE	26,544	$10.3m1.94%	1.94%	Added +718	+718 2.8%
28	MARSH & MCLENNAN COS INC COM MRSH	MRSH	35,463	$7.8m1.47%	1.47%	New
29	NIKE INC CL B NKE	NKE	99,930	$7.1m1.34%	1.34%	Added +6.2k	+6,237 6.7%
30	GE AEROSPACE COM NEW GE	GE	26,960	$6.9m1.31%	1.31%	Reduced -1.5k	-1,461 -5.1%
31	SCHLUMBERGER LTD COM STK SLB	SLB	185,886	$6.3m1.19%	1.19%	Reduced -7.5k	-7,452 -3.9%
32	CVS HEALTH CORP COM CVS	CVS	84,604	$5.8m1.10%	1.10%	Reduced -2.4k	-2,373 -2.7%
33	TERADYNE INC COM TER	TER	58,782	$5.3m1.00%	1.00%	Reduced -15.2k	-15,232 -20.6%
34	DANAHER CORPORATION COM DHR	DHR	24,584	$4.9m0.92%	0.92%	Added +1.6k	+1,605 7.0%
35	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	9,863	$4.8m0.91%	0.91%	Added +5	+5 0.1%
36	UNITED PARCEL SERVICE INC CL B UPS	UPS	45,905	$4.6m0.88%	0.88%	Reduced -10.5k	-10,531 -18.7%
37	CULLEN FROST BANKERS INC COM CFR	CFR	34,846	$4.5m0.85%	0.85%	Reduced -50.1k	-50,112 -59.0%
38	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	14,789	$4.4m0.84%	0.84%	Reduced -2.5k	-2,495 -14.4%
39	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	149,437	$4.2m0.79%	0.79%	Reduced -12.5k	-12,491 -7.7%
40	NVIDIA CORPORATION COM NVDA	NVDA	20,832	$3.3m0.62%	0.62%	Added +1.4k	+1,441 7.4%
41	OLO INC CL A OLO	OLO	332,041	$3.0m0.56%	0.56%	Unchanged
42	SCHWAB STRATEGIC TR US AGGREGATE B SCHZ	SCHZ	92,891	$2.2m0.41%	0.41%	Added +8.7k	+8,744 10.4%
43	PALO ALTO NETWORKS INC COM PANW	PANW	9,980	$2.0m0.39%	0.39%	Unchanged
44	LAM RESEARCH CORP COM NEW LRCX	LRCX	16,740	$1.6m0.31%	0.31%	Reduced -32.6k	-32,611 -66.1%
45	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	2	$1.5m0.28%	0.28%	Unchanged
46	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	6,563	$1.2m0.23%	0.23%	Added +574	+574 9.6%
47	SCHWAB STRATEGIC TR US LRG CAP ETF SCHX	SCHX	45,455	$1.1m0.21%	0.21%	Added +3.0k	+2,965 7.0%
48	AMAZON COM INC COM AMZN	AMZN	4,801	$1.1m0.20%	0.20%	Added +14	+14 0.3%
49	ELI LILLY & CO COM LLY	LLY	1,228	$957.0k0.18%	0.18%	Added +80	+80 7.0%
50	COCA COLA CO COM KO	KO	12,726	$900.0k0.17%	0.17%	Reduced -921	-921 -6.8%
51	BANK AMERICA CORP COM BAC	BAC	18,295	$866.0k0.16%	0.16%	Reduced -163	-163 -0.9%
52	ABBVIE INC COM ABBV	ABBV	4,273	$793.0k0.15%	0.15%	Unchanged
53	CADENCE BANK COM BXS	BXS	22,791	$729.0k0.14%	0.14%	Unchanged
54	JOHNSON & JOHNSON COM JNJ	JNJ	4,762	$727.0k0.14%	0.14%	Unchanged
55	AMENTUM HOLDINGS INC COM AMTM	AMTM	27,811	$657.0k0.12%	0.12%	Reduced -12.7k	-12,713 -31.4%
56	SOUTHERN CO COM SO	SO	7,126	$654.0k0.12%	0.12%	Unchanged
57	ARISTA NETWORKS INC COM SHS ANET	ANET	5,589	$572.0k0.11%	0.11%	Unchanged
58	HOME BANCSHARES INC COM HOMB	HOMB	19,281	$549.0k0.10%	0.10%	Unchanged
59	ABBOTT LABS COM ABT	ABT	3,925	$534.0k0.10%	0.10%	Unchanged
60	META PLATFORMS INC CL A META	META	718	$530.0k0.10%	0.10%	Added +73	+73 11.3%
61	ALPHABET INC CAP STK CL A GOOGL	GOOGL	2,927	$516.0k0.10%	0.10%	Reduced -86	-86 -2.9%
62	TYSON FOODS INC CL A TSN	TSN	8,812	$493.0k0.09%	0.09%	Unchanged
63	MERCK & CO INC COM MRK	MRK	5,890	$466.0k0.09%	0.09%	Reduced -105	-105 -1.8%
64	ENTERGY CORP NEW COM ETR	ETR	5,000	$416.0k0.08%	0.08%	Unchanged
65	COSTCO WHSL CORP NEW COM COST	COST	384	$380.0k0.07%	0.07%	Unchanged
66	EMCOR GROUP INC COM EME	EME	698	$373.0k0.07%	0.07%	New
67	ALPHABET INC CAP STK CL C GOOG	GOOG	2,090	$371.0k0.07%	0.07%	Reduced -112	-112 -5.1%
68	HUNT J B TRANS SVCS INC COM JBHT	JBHT	2,395	$344.0k0.07%	0.07%	Unchanged
69	AMERICAN ELEC PWR CO INC COM AEP	AEP	3,160	$328.0k0.06%	0.06%	Unchanged
70	REGIONS FINANCIAL CORP NEW COM RF	RF	13,868	$326.0k0.06%	0.06%	Unchanged
71	WASTE CONNECTIONS INC COM WCN	WCN	1,697	$317.0k0.06%	0.06%	Reduced -425	-425 -20.0%
72	BANK OZK LITTLE ROCK ARK COM OZK	OZK	6,654	$313.0k0.06%	0.06%	Reduced -169	-169 -2.5%
73	VANGUARD INDEX FDS MID CAP ETF VO	VO	1,030	$288.0k0.05%	0.05%	Added +37	+37 3.7%
74	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	12,911	$285.0k0.05%	0.05%	New
75	NETFLIX INC COM NFLX	NFLX	202	$271.0k0.05%	0.05%	New
76	PEPSICO INC COM PEP	PEP	1,840	$243.0k0.05%	0.05%	Unchanged
77	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	433	$239.0k0.05%	0.05%	Reduced -14	-14 -3.1%
78	KIMBERLY-CLARK CORP COM KMB	KMB	1,851	$239.0k0.05%	0.05%	Unchanged
79	ISHARES TR RUS MDCP VAL ETF IWS	IWS	1,781	$235.0k0.04%	0.04%	Unchanged
80	PROCTER AND GAMBLE CO COM PG	PG	1,339	$213.0k0.04%	0.04%	Reduced -30	-30 -2.2%
81	PHILIP MORRIS INTL INC COM PM	PM	1,145	$209.0k0.04%	0.04%	New
82	GE VERNOVA INC COM GEV	GEV	392	$207.0k0.04%	0.04%	New
83	WESTROCK COFFEE CO COM WEST	WEST	17,215	$99.0k0.02%	0.02%	Unchanged

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
CHARLES RIV LABS INTL INC CRL	CRL	26,288	$4.0m26.3k shares
TRIUMPH GROUP INC NEW TGI	TGI	107,409	$2.7m107.4k shares
ADVANCED MICRO DEVICES INC AMD	AMD	10,008	$1.0m10.0k shares
UNITEDHEALTH GROUP INC UNH	UNH	670	$351.0k670 shares
BRISTOL-MYERS SQUIBB CO BMY	BMY	4,332	$264.0k4.3k shares
FISERV INC FISV	FISV	939	$207.0k939 shares