Martin Investment Management, LLC

PALM BEACH GARDENS, FL · CIK 1511888 · 13F filing filed 2024-08-05

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

$389.7m reported value -4.3% vs Q1 2024

48positions

59.7%in top 10

4 new 6 added 30 reduced 4 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	NOVO-NORDISK A S ADR NVO	NVO	287,212	$41.0m10.52%	10.52%	Reduced -9.6k	-9,569 -3.2%
2	CHECK POINT SOFTWARE TECH LT ORD CHKP	CHKP	160,132	$26.4m6.78%	6.78%	Reduced -5.4k	-5,449 -3.3%
3	NOVARTIS AG SPONSORED ADR NVS	NVS	228,936	$24.4m6.25%	6.25%	Reduced -7.9k	-7,864 -3.3%
4	TOYOTA MOTOR CORP ADS TM	TM	117,964	$24.2m6.20%	6.20%	Reduced -4.3k	-4,266 -3.5%
5	ALCON AG ORD SHS ALC	ALC	261,236	$23.3m5.97%	5.97%	Reduced -9.1k	-9,116 -3.4%
6	APPLE INC COM AAPL	AAPL	105,206	$22.2m5.69%	5.69%	Reduced -3.2k	-3,211 -3.0%
7	ASTRAZENECA PLC SPONSORED ADR SPONSORED ADR		276,589	$21.6m5.53%	5.53%	New
8	SONY GROUP CORP SPONSORED ADR SONY	SONY	208,884	$17.7m4.55%	4.55%	Reduced -4.7k	-4,736 -2.2%
9	MASTERCARD INCORPORATED CL A MA	MA	38,752	$17.1m4.39%	4.39%	Reduced -1.5k	-1,528 -3.8%
10	ALPHABET INC CAP STK CL A GOOGL	GOOGL	80,689	$14.7m3.77%	3.77%	Reduced -3.4k	-3,420 -4.1%
11	BOOKING HOLDINGS INC COM BKNG	BKNG	2,821	$11.2m2.87%	2.87%	Reduced -106	-106 -3.6%
12	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	26,375	$10.7m2.75%	2.75%	Reduced -918	-918 -3.4%
13	AMERICAN EXPRESS CO COM AXP	AXP	43,793	$10.1m2.60%	2.60%	Reduced -1.6k	-1,640 -3.6%
14	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	16,848	$9.3m2.39%	2.39%	Reduced -627	-627 -3.6%
15	NXP SEMICONDUCTORS N V COM NXPI	NXPI	32,176	$8.7m2.22%	2.22%	Reduced -826	-826 -2.5%
16	VERISK ANALYTICS INC COM VRSK	VRSK	30,767	$8.3m2.13%	2.13%	Reduced -998	-998 -3.1%
17	WABTEC COM WAB	WAB	51,260	$8.1m2.08%	2.08%	Reduced -1.3k	-1,255 -2.4%
18	GENERAL DYNAMICS CORP COM GD	GD	27,002	$7.8m2.01%	2.01%	Reduced -1.2k	-1,188 -4.2%
19	STRYKER CORPORATION COM SYK	SYK	21,424	$7.3m1.87%	1.87%	Reduced -813	-813 -3.7%
20	L3HARRIS TECHNOLOGIES INC COM LHX	LHX	31,512	$7.1m1.82%	1.82%	Reduced -1.1k	-1,097 -3.4%
21	AMETEK INC COM AME	AME	41,817	$7.0m1.79%	1.79%	Reduced -1.1k	-1,073 -2.5%
22	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	22,773	$6.9m1.77%	1.77%	Reduced -746	-746 -3.2%
23	ROPER TECHNOLOGIES INC COM ROP	ROP	12,147	$6.8m1.76%	1.76%	Reduced -551	-551 -4.3%
24	AUTOZONE INC COM AZO	AZO	2,267	$6.7m1.72%	1.72%	New
25	PROCTER AND GAMBLE CO COM PG	PG	40,531	$6.7m1.72%	1.72%	Reduced -1.4k	-1,384 -3.3%
26	MARATHON OIL CORP COM MRO	MRO	216,347	$6.2m1.59%	1.59%	Reduced -8.3k	-8,345 -3.7%
27	ADOBE INC COM ADBE	ADBE	10,803	$6.0m1.54%	1.54%	Reduced -225	-225 -2.0%
28	MERCK & CO INC COM MRK	MRK	46,782	$5.8m1.49%	1.49%	Reduced -1.6k	-1,556 -3.2%
29	DIAMONDBACK ENERGY INC COM FANG	FANG	20,752	$4.2m1.07%	1.07%	New
30	EXXON MOBIL CORP COM XOM	XOM	13,852	$1.6m0.41%	0.41%	New
31	NVIDIA CORPORATION COM NVDA	NVDA	12,000	$1.5m0.38%	0.38%	Added +400	+400 3.5%
32	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	1,143	$1.2m0.30%	0.30%	Unchanged
33	GARTNER INC COM IT	IT	2,171	$974.9k0.25%	0.25%	Unchanged
34	ALPHABET INC CAP STK CL C GOOG	GOOG	4,764	$873.8k0.22%	0.22%	Added +325	+325 7.3%
35	MICROSOFT CORP COM MSFT	MSFT	1,897	$847.9k0.22%	0.22%	Added +40	+40 2.1%
36	AMAZON COM INC COM AMZN	AMZN	3,677	$710.6k0.18%	0.18%	Added +268	+268 7.9%
37	CHENIERE ENERGY INC COM NEW LNG	LNG	3,945	$689.7k0.18%	0.18%	Reduced -75	-75 -1.9%
38	AON PLC SHS CL A AON	AON	1,782	$523.2k0.13%	0.13%	Added +90	+90 5.3%
39	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	2,696	$468.6k0.12%	0.12%	Reduced -335	-335 -11.1%
40	COSTCO WHSL CORP NEW COM COST	COST	522	$443.7k0.11%	0.11%	Added +9	+9 1.8%
41	RELX PLC SPONSORED ADR RELX	RELX	8,685	$398.5k0.10%	0.10%	Unchanged
42	KIMBERLY-CLARK CORP COM KMB	KMB	2,865	$395.9k0.10%	0.10%	Reduced -185	-185 -6.1%
43	MEDTRONIC PLC SHS MDT	MDT	4,713	$371.0k0.10%	0.10%	Unchanged
44	VISA INC COM CL A V	V	1,400	$367.5k0.09%	0.09%	Unchanged
45	HALEON PLC SPON ADS HLN	HLN	36,830	$304.2k0.08%	0.08%	Reduced -4.4m	-4,426,375 -99.2%
46	TOTALENERGIES SE SPONSORED ADS SPONSORED ADS		3,775	$251.7k0.06%	0.06%	Unchanged
47	FACTSET RESH SYS INC COM FDS	FDS	575	$234.8k0.06%	0.06%	Unchanged
48	ICON PLC SHS ICLR	ICLR	740	$232.0k0.06%	0.06%	Unchanged

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
VERISIGN INC VRSN	VRSN	31,401	$6.0m31.4k shares
HELMERICH & PAYNE INC HP	HP	109,571	$4.6m109.6k shares
BP PLC BP	BP	23,960	$902.8k24.0k shares
PIONEER NAT RES CO PXD	PXD	2,412	$633.1k2.4k shares