PATTON FUND MANAGEMENT, INC.

New York, NY · CIK 1689232 · 13F filing filed 2023-07-12

SEC-registered investment adviser since 2015 · corporation

Assets managed$977.2m
Staff1 · 1 in investment roles
Main clients (by assets)Private funds 66%, High net worth individuals 28%, Pension plans 4%
Private funds2 (2 hedge) · $638.6m gross assets
Form ADV · 2026-03-20SEC adviser record

Legal entityPATTON FUND MANAGEMENT, INC. (US)

$342.2m reported value -2.4% vs Q1 2023

80positions

47.6%in top 10

27 new 14 added 35 reduced 30 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	ISHARES TR 7-10 YR TRSY BD IEF	IEF	373,759	$36.1m10.55%	10.55%	Added +1.4k	+1,421 0.4%
2	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	140,633	$21.0m6.15%	6.15%	Added +6.4k	+6,426 4.8%
3	ISHARES TR MSCI EAFE ETF EFA	EFA	221,738	$16.1m4.70%	4.70%	Reduced -5.8k	-5,837 -2.6%
4	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	35,557	$15.8m4.61%	4.61%	Reduced -1.1k	-1,084 -3.0%
5	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	381,283	$15.5m4.53%	4.53%	Reduced -3.5k	-3,514 -0.9%
6	ISHARES TR RUSSELL 2000 ETF IWM	IWM	75,297	$14.1m4.12%	4.12%	Added +331	+331 0.4%
7	SPDR SER TR DJ REIT ETF RWR	RWR	153,442	$13.9m4.06%	4.06%	Added +1.5k	+1,480 1.0%
8	ISHARES TR RUS MID CAP ETF IWR	IWR	181,322	$13.2m3.87%	3.87%	Reduced -396	-396 -0.2%
9	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	35,736	$12.2m3.56%	3.56%	Reduced -1.6k	-1,563 -4.2%
10	ISHARES GOLD TR ISHARES NEW IAU	IAU	139,148	$5.1m1.48%	1.48%	Added +2.7k	+2,681 2.0%
11	INVESCO ACTVELY MNGD ETC FD OPTIMUM YIELD PDBC	PDBC	304,192	$4.1m1.21%	1.21%	Added +15.0k	+15,047 5.2%
12	ELI LILLY & CO COM LLY	LLY	8,817	$4.1m1.21%	1.21%	Added +4.4k	+4,435 101.2%
13	ORACLE CORP COM ORCL	ORCL	34,378	$4.1m1.20%	1.20%	Reduced -2.9k	-2,850 -7.7%
14	QUANTA SVCS INC COM PWR	PWR	19,249	$3.8m1.11%	1.11%	Reduced -1.5k	-1,459 -7.0%
15	ON SEMICONDUCTOR CORP COM ON	ON	39,516	$3.7m1.09%	1.09%	Reduced -3.0k	-3,001 -7.1%
16	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	10,529	$3.7m1.08%	1.08%	Reduced -796	-796 -7.0%
17	LAMB WESTON HLDGS INC COM LW	LW	31,610	$3.6m1.06%	1.06%	Reduced -2.4k	-2,423 -7.1%
18	MOLSON COORS BEVERAGE CO CL B TAP	TAP	55,120	$3.6m1.06%	1.06%	Added +31.5k	+31,495 133.3%
19	GALLAGHER ARTHUR J & CO COM AJG	AJG	16,248	$3.6m1.04%	1.04%	Added +7.9k	+7,940 95.6%
20	DEXCOM INC COM DXCM	DXCM	27,454	$3.5m1.03%	1.03%	New
21	PARKER-HANNIFIN CORP COM PH	PH	9,021	$3.5m1.03%	1.03%	Reduced -696	-696 -7.2%
22	ARISTA NETWORKS INC COM COM		21,593	$3.5m1.02%	1.02%	Reduced -1.5k	-1,532 -6.6%
23	PTC INC COM PTC	PTC	24,422	$3.5m1.02%	1.02%	Reduced -1.9k	-1,886 -7.2%
24	NVIDIA CORPORATION COM NVDA	NVDA	8,170	$3.5m1.01%	1.01%	New
25	BOOKING HOLDINGS INC COM BKNG	BKNG	1,276	$3.4m1.01%	1.01%	New
26	INGERSOLL RAND INC COM IR	IR	52,485	$3.4m1.00%	1.00%	Reduced -4.1k	-4,088 -7.2%
27	PULTE GROUP INC COM PHM	PHM	43,920	$3.4m1.00%	1.00%	Reduced -16.5k	-16,526 -27.3%
28	MONSTER BEVERAGE CORP NEW COM MNST	MNST	59,347	$3.4m1.00%	1.00%	Reduced -4.5k	-4,522 -7.1%
29	UNITED AIRLS HLDGS INC COM UAL	UAL	62,064	$3.4m1.00%	1.00%	Reduced -4.8k	-4,774 -7.1%
30	ARCH CAP GROUP LTD ORD ACGL	ACGL	44,871	$3.4m0.98%	0.98%	New
31	MGM RESORTS INTERNATIONAL COM MGM	MGM	76,339	$3.4m0.98%	0.98%	New
32	ROLLINS INC COM ROL	ROL	78,067	$3.3m0.98%	0.98%	Added +35.2k	+35,215 82.2%
33	ANALOG DEVICES INC COM ADI	ADI	17,142	$3.3m0.98%	0.98%	New
34	MERCK & CO INC COM MRK	MRK	28,905	$3.3m0.97%	0.97%	Added +13.5k	+13,497 87.6%
35	LAM RESEARCH CORP COM COM		5,158	$3.3m0.97%	0.97%	New
36	PG&E CORP COM PCG	PCG	191,543	$3.3m0.97%	0.97%	Reduced -13.8k	-13,799 -6.7%
37	FAIR ISAAC CORP COM FICO	FICO	4,067	$3.3m0.96%	0.96%	New
38	LAS VEGAS SANDS CORP COM LVS	LVS	55,864	$3.2m0.95%	0.95%	Reduced -4.1k	-4,070 -6.8%
39	PROGRESSIVE CORP COM PGR	PGR	24,133	$3.2m0.93%	0.93%	New
40	ISHARES TR SHORT TREAS BD SHV	SHV	28,771	$3.2m0.93%	0.93%	Reduced -5.6k	-5,630 -16.4%
41	LKQ CORP COM LKQ	LKQ	53,716	$3.1m0.91%	0.91%	Reduced -3.7k	-3,698 -6.4%
42	TRACTOR SUPPLY CO COM TSCO	TSCO	14,058	$3.1m0.91%	0.91%	New
43	SYNOPSYS INC COM SNPS	SNPS	7,083	$3.1m0.90%	0.90%	New
44	ALIGN TECHNOLOGY INC COM ALGN	ALGN	8,668	$3.1m0.90%	0.90%	New
45	FIRST SOLAR INC COM FSLR	FSLR	16,112	$3.1m0.89%	0.89%	New
46	STARBUCKS CORP COM SBUX	SBUX	30,179	$3.0m0.87%	0.87%	Reduced -2.1k	-2,066 -6.4%
47	METTLER TOLEDO INTERNATIONAL COM MTD	MTD	2,252	$3.0m0.86%	0.86%	New
48	GENERAL MLS INC COM GIS	GIS	38,252	$2.9m0.86%	0.86%	Added +20.5k	+20,507 115.6%
49	REGENERON PHARMACEUTICALS COM REGN	REGN	4,068	$2.9m0.85%	0.85%	Reduced -275	-275 -6.3%
50	INTERPUBLIC GROUP COS INC COM IPG	IPG	75,247	$2.9m0.85%	0.85%	Reduced -5.8k	-5,754 -7.1%
51	AON PLC SHS CL A AON	AON	8,348	$2.9m0.84%	0.84%	Added +5.5k	+5,508 193.9%
52	PINNACLE WEST CAP CORP COM PNW	PNW	35,316	$2.9m0.84%	0.84%	New
53	JOHNSON CTLS INTL PLC SHS JCI	JCI	41,108	$2.8m0.82%	0.82%	Reduced -3.0k	-3,014 -6.8%
54	SALESFORCE INC COM CRM	CRM	12,561	$2.7m0.78%	0.78%	New
55	CLOROX CO DEL COM CLX	CLX	16,619	$2.6m0.77%	0.77%	New
56	ADVANCED MICRO DEVICES INC COM AMD	AMD	22,405	$2.6m0.75%	0.75%	New
57	MARKETAXESS HLDGS INC COM MKTX	MKTX	9,712	$2.5m0.74%	0.74%	New
58	ISHARES S&P GSCI COMMODITY- UNIT BEN INT GSG	GSG	124,988	$2.4m0.71%	0.71%	Reduced -1.1k	-1,075 -0.8%
59	ACTIVISION BLIZZARD INC COM ATVI	ATVI	28,619	$2.4m0.70%	0.70%	New
60	INSULET CORP COM PODD	PODD	7,869	$2.3m0.66%	0.66%	New
61	GRAINGER W W INC COM GWW	GWW	2,684	$2.1m0.62%	0.62%	Reduced -160	-160 -5.6%
62	KLA CORP COM NEW KLAC	KLAC	4,198	$2.0m0.59%	0.59%	Reduced -302	-302 -6.7%
63	CARDINAL HEALTH INC COM CAH	CAH	21,530	$2.0m0.59%	0.59%	Reduced -1.7k	-1,651 -7.1%
64	MONOLITHIC PWR SYS INC COM MPWR	MPWR	3,696	$2.0m0.58%	0.58%	New
65	MCDONALDS CORP COM MCD	MCD	6,162	$1.8m0.54%	0.54%	Reduced -395	-395 -6.0%
66	TJX COS INC NEW COM TJX	TJX	20,267	$1.7m0.50%	0.50%	Reduced -1.1k	-1,087 -5.1%
67	LOCKHEED MARTIN CORP COM LMT	LMT	3,657	$1.7m0.49%	0.49%	Reduced -207	-207 -5.4%
68	SPDR GOLD TR GOLD SHS GLD	GLD	8,670	$1.5m0.45%	0.45%	Reduced -1.3k	-1,275 -12.8%
69	ISHARES TR 1 3 YR TREAS BD SHY	SHY	7,683	$622.9k0.18%	0.18%	Reduced -319	-319 -4.0%
70	CONOCOPHILLIPS COM COP	COP	2,989	$309.7k0.09%	0.09%	Added +116	+116 4.0%
71	ISHARES TR CORE S&P500 ETF IVV	IVV	640	$285.3k0.08%	0.08%	Reduced -118.0k	-117,997 -99.5%
72	ROYAL CARIBBEAN GROUP COM RCL	RCL	2,128	$220.8k0.06%	0.06%	New
73	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	530	$215.9k0.06%	0.06%	New
74	CARMAX INC COM KMX	KMX	2,442	$204.4k0.06%	0.06%	New
75	META PLATFORMS INC CL A META	META	699	$200.6k0.06%	0.06%	New
76	CARNIVAL CORP UNIT 99/99/9999 UNIT 99/99/9999		10,087	$189.9k0.06%	0.06%	New
77	FORD MTR CO COM F	F	11,879	$179.7k0.05%	0.05%	Unchanged
78	VIATRIS INC COM VTRS	VTRS	13,959	$139.3k0.04%	0.04%	Unchanged
79	AMCOR PLC ORD AMCR	AMCR	12,303	$122.8k0.04%	0.04%	Unchanged
80	NEWELL BRANDS INC COM NWL	NWL	11,558	$100.6k0.03%	0.03%	Unchanged

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
EXXON MOBIL CORP XOM	XOM	30,186	$3.3m30.2k shares
TAPESTRY INC TPR	TPR	75,731	$3.3m75.7k shares
NUCOR CORP NUE	NUE	20,959	$3.2m21.0k shares
STEEL DYNAMICS INC STLD	STLD	25,783	$2.9m25.8k shares
UNITED RENTALS INC URI	URI	7,241	$2.9m7.2k shares
EVEREST GROUP LTD EG	EG	5,695	$2.0m5.7k shares
ULTA BEAUTY INC ULTA	ULTA	3,419	$1.9m3.4k shares
WABTEC WAB	WAB	18,263	$1.8m18.3k shares
HESS CORP HES	HES	13,072	$1.7m13.1k shares
MARATHON PETE CORP MPC	MPC	12,523	$1.7m12.5k shares
GENERAL DYNAMICS CORP GD	GD	7,372	$1.7m7.4k shares
KELLANOVA K	K	25,079	$1.7m25.1k shares
SCHLUMBERGER LTD SLB	SLB	33,970	$1.7m34.0k shares
SMUCKER J M CO SJM	SJM	10,462	$1.6m10.5k shares
CATERPILLAR INC CAT	CAT	7,090	$1.6m7.1k shares
AFLAC INC AFL	AFL	24,987	$1.6m25.0k shares
ABBVIE INC ABBV	ABBV	9,335	$1.5m9.3k shares
MARRIOTT INTL INC NEW MAR	MAR	8,210	$1.4m8.2k shares
BERKLEY W R CORP WRB	WRB	21,871	$1.4m21.9k shares
VALERO ENERGY CORP VLO	VLO	8,731	$1.2m8.7k shares
HARTFORD INSURANCE GROUP INC HIG	HIG	15,507	$1.1m15.5k shares
PHILIP MORRIS INTL INC PM	PM	9,800	$953.0k9.8k shares
APPLE INC AAPL	AAPL	2,750	$453.5k2.8k shares
REGIONS FINANCIAL CORP NEW RF	RF	14,716	$273.1k14.7k shares
JOHNSON & JOHNSON JNJ	JNJ	1,530	$237.2k1.5k shares