Martin Investment Management, LLC

PALM BEACH GARDENS, FL · CIK 1511888 · 13F filing filed 2023-07-31

SEC-registered investment adviser since 1988 · limited liability company

Assets managed$888.1m
Staff12 · 8 in investment roles
Main clients (by assets)Other advisers 73%, High net worth individuals 19%, Individuals 5%
Private funds1 · $3.6m gross assets
Form ADV · 2026-08-04SEC adviser record

$354.6m reported value +2.0% vs Q1 2023

52positions

54.5%in top 10

3 new 6 added 33 reduced 1 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	APPLE INC COM AAPL	AAPL	124,761	$24.2m6.82%	6.82%	Reduced -8.1k	-8,145 -6.1%
2	NOVO-NORDISK A S ADR NVO	NVO	149,398	$24.2m6.82%	6.82%	New
3	NOVARTIS AG SPONSORED ADR NVS	NVS	238,509	$24.1m6.79%	6.79%	Reduced -57.9k	-57,940 -19.5%
4	ALCON AG ORD SHS ALC	ALC	269,119	$22.1m6.23%	6.23%	Reduced -65.1k	-65,145 -19.5%
5	CHECK POINT SOFTWARE TECH LT ORD CHKP	CHKP	166,986	$21.0m5.92%	5.92%	Reduced -39.2k	-39,225 -19.0%
6	SONY GROUP CORP SPONSORED ADR SONY	SONY	215,848	$19.4m5.48%	5.48%	Reduced -39.2k	-39,215 -15.4%
7	MASTERCARD INCORPORATED CL A MA	MA	46,399	$18.2m5.15%	5.15%	Reduced -1.2k	-1,233 -2.6%
8	TOYOTA MOTOR CORP ADS TM	TM	111,045	$17.9m5.03%	5.03%	Reduced -27.4k	-27,395 -19.8%
9	ALPHABET INC CAP STK CL A GOOGL	GOOGL	96,252	$11.5m3.25%	3.25%	Reduced -3.3k	-3,252 -3.3%
10	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	31,550	$10.8m3.03%	3.03%	Reduced -1.0k	-1,018 -3.1%
11	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	20,087	$10.5m2.96%	2.96%	Reduced -658	-658 -3.2%
12	BOOKING HOLDINGS INC COM BKNG	BKNG	3,376	$9.1m2.57%	2.57%	Reduced -98	-98 -2.8%
13	AMERICAN EXPRESS CO COM AXP	AXP	52,087	$9.1m2.56%	2.56%	Reduced -1.8k	-1,823 -3.4%
14	VERISK ANALYTICS INC COM VRSK	VRSK	39,377	$8.9m2.51%	2.51%	Reduced -1.4k	-1,423 -3.5%
15	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	27,634	$8.5m2.40%	2.40%	Reduced -4.2k	-4,172 -13.1%
16	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	124,053	$7.9m2.24%	2.24%	Reduced -3.7k	-3,709 -2.9%
17	STRYKER CORPORATION COM SYK	SYK	24,867	$7.6m2.14%	2.14%	Reduced -343	-343 -1.4%
18	JOHNSON & JOHNSON COM JNJ	JNJ	45,511	$7.5m2.12%	2.12%	Reduced -359	-359 -0.8%
19	PROCTER AND GAMBLE CO COM PG	PG	48,985	$7.4m2.10%	2.10%	Reduced -1.4k	-1,440 -2.9%
20	NXP SEMICONDUCTORS N V COM NXPI	NXPI	36,162	$7.4m2.09%	2.09%	Added +28.8k	+28,806 391.6%
21	VERISIGN INC COM VRSN	VRSN	31,399	$7.1m2.00%	2.00%	Added +1.2k	+1,236 4.1%
22	L3HARRIS TECHNOLOGIES INC COM LHX	LHX	35,315	$6.9m1.95%	1.95%	Reduced -1.2k	-1,221 -3.3%
23	ROPER TECHNOLOGIES INC COM ROP	ROP	14,012	$6.7m1.90%	1.90%	Reduced -569	-569 -3.9%
24	CARRIER GLOBAL CORPORATION COM CARR	CARR	129,215	$6.4m1.81%	1.81%	Reduced -1.1k	-1,078 -0.8%
25	GENERAL DYNAMICS CORP COM GD	GD	29,686	$6.4m1.80%	1.80%	Reduced -234	-234 -0.8%
26	MARATHON OIL CORP COM MRO	MRO	253,829	$5.8m1.65%	1.65%	Reduced -7.1k	-7,101 -2.7%
27	MERCK & CO INC COM MRK	MRK	49,484	$5.7m1.61%	1.61%	New
28	FMC CORP COM NEW FMC	FMC	54,302	$5.7m1.60%	1.60%	Added +922	+922 1.7%
29	RTX CORPORATION COM RTX	RTX	52,537	$5.1m1.45%	1.45%	Reduced -506	-506 -0.9%
30	S&P GLOBAL INC COM SPGI	SPGI	12,417	$5.0m1.40%	1.40%	Reduced -6.7k	-6,725 -35.1%
31	HELMERICH & PAYNE INC COM HP	HP	121,210	$4.3m1.21%	1.21%	Reduced -4.9k	-4,879 -3.9%
32	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	16,456	$1.7m0.47%	0.47%	Added +131	+131 0.8%
33	BP PLC SPONSORED ADR BP	BP	34,440	$1.2m0.34%	0.34%	Unchanged
34	MEDTRONIC PLC SHS MDT	MDT	13,045	$1.1m0.32%	0.32%	Added +160	+160 1.2%
35	MICROSOFT CORP COM MSFT	MSFT	2,383	$811.5k0.23%	0.23%	Unchanged
36	AON PLC SHS CL A AON	AON	2,274	$785.0k0.22%	0.22%	Reduced -1.5k	-1,515 -40.0%
37	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	958	$694.3k0.20%	0.20%	Added +32	+32 3.5%
38	CHENIERE ENERGY INC COM NEW LNG	LNG	4,020	$612.5k0.17%	0.17%	Unchanged
39	ALPHABET INC CAP STK CL C GOOG	GOOG	5,029	$608.4k0.17%	0.17%	Reduced -1.2k	-1,241 -19.8%
40	GSK PLC SPONSORED ADR GSK	GSK	14,580	$519.6k0.15%	0.15%	Unchanged
41	PIONEER NAT RES CO COM PXD	PXD	2,465	$510.7k0.14%	0.14%	Reduced -135	-135 -5.2%
42	NVIDIA CORPORATION COM NVDA	NVDA	1,160	$490.7k0.14%	0.14%	Reduced -10	-10 -0.8%
43	AMAZON COM INC COM AMZN	AMZN	3,605	$469.9k0.13%	0.13%	Reduced -131	-131 -3.5%
44	KIMBERLY-CLARK CORP COM KMB	KMB	3,060	$422.5k0.12%	0.12%	Unchanged
45	VISA INC COM CL A V	V	1,416	$336.3k0.09%	0.09%	Unchanged
46	COSTCO WHSL CORP NEW COM COST	COST	608	$327.3k0.09%	0.09%	Reduced -32	-32 -5.0%
47	TEXAS INSTRS INC COM TXN	TXN	1,661	$299.0k0.08%	0.08%	Unchanged
48	RELX PLC SPONSORED ADR RELX	RELX	8,675	$290.0k0.08%	0.08%	Unchanged
49	MSCI INC COM MSCI	MSCI	523	$245.4k0.07%	0.07%	Reduced -16.5k	-16,468 -96.9%
50	FACTSET RESH SYS INC COM FDS	FDS	575	$230.4k0.06%	0.06%	Unchanged
51	ZEBRA TECHNOLOGIES CORPORATI CL A ZBRA	ZBRA	705	$208.6k0.06%	0.06%	Unchanged
52	TOTALENERGIES SE SPONSORED ADS SPONSORED ADS		3,495	$201.5k0.06%	0.06%	New

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
FIDELITY NATL INFORMATION SV FIS	FIS	103,932	$5.6m103.9k shares