PATTON FUND MANAGEMENT, INC.

New York, NY · CIK 1689232 · 13F filing filed 2025-07-16

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)

$456.5m reported value +10.5% vs Q1 2025

467positions

39.2%in top 10

395 new 6 added 64 reduced 4 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	ISHARES TR 7-10 YR TRSY BD IEF	IEF	443,636	$42.5m9.31%	9.31%	Reduced -394	-394 -0.1%
2	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	123,503	$22.4m4.92%	4.92%	New
3	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	369,043	$18.3m4.00%	4.00%	Reduced -5.4k	-5,358 -1.4%
4	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	27,881	$17.2m3.77%	3.77%	Reduced -250	-250 -0.9%
5	ISHARES TR RUSSELL 2000 ETF IWM	IWM	74,161	$16.0m3.51%	3.51%	Added +3.4k	+3,400 4.8%
6	ISHARES TR MSCI EAFE ETF EFA	EFA	177,314	$15.9m3.47%	3.47%	Reduced -10.5k	-10,483 -5.6%
7	ISHARES TR RUS MID CAP ETF IWR	IWR	165,655	$15.2m3.34%	3.34%	Added +3.7k	+3,707 2.3%
8	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	25,421	$12.3m2.71%	2.71%	Added +394	+394 1.6%
9	SPDR SER TR DJ REIT ETF RWR	RWR	122,434	$11.8m2.59%	2.59%	Reduced -3.7k	-3,652 -2.9%
10	ISHARES GOLD TR ISHARES NEW IAU	IAU	114,823	$7.2m1.57%	1.57%	Reduced -11.7k	-11,733 -9.3%
11	INVESCO ACTVELY MNGD ETC FD OPTIMUM YIELD PDBC	PDBC	460,564	$6.0m1.32%	1.32%	Added +26.5k	+26,475 6.1%
12	AXON ENTERPRISE INC COM AXON	AXON	5,318	$4.4m0.96%	0.96%	Reduced -4.3k	-4,306 -44.7%
13	NETFLIX INC COM NFLX	NFLX	3,092	$4.1m0.91%	0.91%	Reduced -2.5k	-2,465 -44.4%
14	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	28,510	$3.9m0.85%	0.85%	Reduced -56.6k	-56,586 -66.5%
15	ISHARES TR SHORT TREAS BD SHV	SHV	33,327	$3.7m0.81%	0.81%	Reduced -1.7k	-1,723 -4.9%
16	PHILIP MORRIS INTL INC COM PM	PM	20,112	$3.7m0.80%	0.80%	New
17	JPMORGAN CHASE & CO COM JPM	JPM	12,600	$3.7m0.80%	0.80%	Reduced -10.2k	-10,241 -44.8%
18	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	7,008	$3.6m0.78%	0.78%	New
19	TAKE-TWO INTERACTIVE SOFTWAR COM TTWO	TTWO	14,638	$3.6m0.78%	0.78%	New
20	JABIL INC COM JBL	JBL	15,896	$3.5m0.76%	0.76%	Reduced -12.4k	-12,360 -43.7%
21	NRG ENERGY INC COM NEW NRG	NRG	21,422	$3.4m0.75%	0.75%	Reduced -26.9k	-26,858 -55.6%
22	TAPESTRY INC COM TPR	TPR	38,967	$3.4m0.75%	0.75%	Reduced -62.3k	-62,270 -61.5%
23	CENCORA INC COM COR	COR	11,266	$3.4m0.74%	0.74%	New
24	EQT CORP COM EQT	EQT	57,910	$3.4m0.74%	0.74%	New
25	MCKESSON CORP COM MCK	MCK	4,597	$3.4m0.74%	0.74%	New
26	WELLTOWER INC COM WELL	WELL	21,846	$3.4m0.74%	0.74%	Reduced -17.9k	-17,865 -45.0%
27	EVERGY INC COM EVRG	EVRG	48,565	$3.3m0.73%	0.73%	New
28	VERISIGN INC COM VRSN	VRSN	11,585	$3.3m0.73%	0.73%	New
29	BROADCOM INC COM AVGO	AVGO	11,938	$3.3m0.72%	0.72%	New
30	EBAY INC. COM EBAY	EBAY	43,961	$3.3m0.72%	0.72%	Reduced -34.9k	-34,916 -44.3%
31	CBRE GROUP INC CL A CBRE	CBRE	23,256	$3.3m0.71%	0.71%	Reduced -18.0k	-18,026 -43.7%
32	KINDER MORGAN INC DEL COM KMI	KMI	110,482	$3.2m0.71%	0.71%	Reduced -87.8k	-87,783 -44.3%
33	CORNING INC COM GLW	GLW	61,427	$3.2m0.71%	0.71%	Reduced -48.2k	-48,237 -44.0%
34	KROGER CO COM KR	KR	44,969	$3.2m0.71%	0.71%	New
35	ROLLINS INC COM ROL	ROL	57,084	$3.2m0.71%	0.71%	New
36	ATMOS ENERGY CORP COM ATO	ATO	20,307	$3.1m0.69%	0.69%	New
37	SYNCHRONY FINANCIAL COM SYF	SYF	46,153	$3.1m0.67%	0.67%	Reduced -35.8k	-35,794 -43.7%
38	ENTERGY CORP NEW COM ETR	ETR	37,004	$3.1m0.67%	0.67%	Reduced -29.2k	-29,181 -44.1%
39	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	34,019	$3.1m0.67%	0.67%	New
40	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	34,338	$3.1m0.67%	0.67%	Added +6.5k	+6,546 23.6%
41	CITIZENS FINL GROUP INC COM CFG	CFG	67,087	$3.0m0.66%	0.66%	Reduced -51.1k	-51,063 -43.2%
42	ALTRIA GROUP INC COM MO	MO	50,751	$3.0m0.65%	0.65%	New
43	CONSOLIDATED EDISON INC COM ED	ED	29,319	$2.9m0.64%	0.64%	New
44	AMERICAN EXPRESS CO COM AXP	AXP	8,979	$2.9m0.63%	0.63%	Reduced -6.8k	-6,760 -43.0%
45	BLACKROCK INC COM BLK	BLK	2,683	$2.8m0.62%	0.62%	Reduced -1.9k	-1,910 -41.6%
46	COSTCO WHSL CORP NEW COM COST	COST	2,781	$2.8m0.60%	0.60%	Reduced -2.1k	-2,119 -43.2%
47	CBOE GLOBAL MKTS INC COM CBOE	CBOE	11,765	$2.7m0.60%	0.60%	Reduced -8.6k	-8,559 -42.1%
48	BANK NEW YORK MELLON CORP COM BNY	BNY	30,005	$2.7m0.60%	0.60%	Reduced -23.2k	-23,212 -43.6%
49	WEC ENERGY GROUP INC COM WEC	WEC	25,938	$2.7m0.59%	0.59%	New
50	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	4,929	$2.7m0.59%	0.59%	Reduced -3.7k	-3,727 -43.1%
51	COCA COLA CO COM KO	KO	37,352	$2.6m0.58%	0.58%	New
52	VENTAS INC COM VTR	VTR	41,704	$2.6m0.58%	0.58%	Reduced -32.3k	-32,291 -43.6%
53	AMPHENOL CORP CL A APH	APH	26,627	$2.6m0.58%	0.58%	Reduced -20.0k	-19,962 -42.9%
54	GE VERNOVA INC COM GEV	GEV	4,938	$2.6m0.57%	0.57%	New
55	AT&T INC COM T	T	90,284	$2.6m0.57%	0.57%	Reduced -66.0k	-65,979 -42.2%
56	TRAVELERS COMPANIES INC COM TRV	TRV	9,642	$2.6m0.57%	0.57%	Reduced -7.3k	-7,273 -43.0%
57	GODADDY INC CL A GDDY	GDDY	14,244	$2.6m0.56%	0.56%	Reduced -10.7k	-10,681 -42.9%
58	EXELON CORP COM EXC	EXC	58,787	$2.6m0.56%	0.56%	Reduced -41.8k	-41,815 -41.6%
59	NISOURCE INC COM NI	NI	62,738	$2.5m0.55%	0.55%	Reduced -43.9k	-43,935 -41.2%
60	RESMED INC COM RMD	RMD	9,514	$2.5m0.54%	0.54%	Reduced -6.9k	-6,859 -41.9%
61	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	41,618	$2.4m0.52%	0.52%	Added +7.4k	+7,355 21.5%
62	AMERIPRISE FINL INC COM AMP	AMP	4,241	$2.3m0.50%	0.50%	Reduced -2.9k	-2,889 -40.5%
63	DARDEN RESTAURANTS INC COM DRI	DRI	10,198	$2.2m0.49%	0.49%	New
64	CAPITAL ONE FINL CORP COM COF	COF	10,379	$2.2m0.48%	0.48%	Reduced -7.3k	-7,293 -41.3%
65	CF INDS HLDGS INC COM CF	CF	23,644	$2.2m0.48%	0.48%	Reduced -17.0k	-16,951 -41.8%
66	PROGRESSIVE CORP COM PGR	PGR	7,931	$2.1m0.46%	0.46%	Reduced -5.7k	-5,686 -41.8%
67	PUBLIC SVC ENTERPRISE GRP IN COM PEG	PEG	24,251	$2.0m0.45%	0.45%	Reduced -17.1k	-17,108 -41.4%
68	BROWN & BROWN INC COM BRO	BRO	18,352	$2.0m0.45%	0.45%	Reduced -12.8k	-12,799 -41.1%
69	MOODYS CORP COM MCO	MCO	3,721	$1.9m0.41%	0.41%	Reduced -2.5k	-2,491 -40.1%
70	BERKLEY W R CORP COM WRB	WRB	24,595	$1.8m0.40%	0.40%	Reduced -16.5k	-16,535 -40.2%
71	ISHARES S&P GSCI COMMODITY- UNIT BEN INT GSG	GSG	69,454	$1.5m0.34%	0.34%	Reduced -1.3k	-1,281 -1.8%
72	SPDR GOLD TR GOLD SHS GLD	GLD	2,374	$723.7k0.16%	0.16%	Reduced -728	-728 -23.5%
73	COINBASE GLOBAL INC COM CL A COIN	COIN	1,269	$444.8k0.10%	0.10%	New
74	ORACLE CORP COM ORCL	ORCL	1,589	$347.4k0.08%	0.08%	New
75	CARNIVAL CORP UNIT 99/99/9999 UNIT 99/99/9999		12,321	$346.5k0.08%	0.08%	Reduced -168.9k	-168,859 -93.2%
76	VISTRA CORP COM VST	VST	1,740	$337.2k0.07%	0.07%	Reduced -19.0k	-18,980 -91.6%
77	CONSTELLATION ENERGY CORP COM CEG	CEG	1,019	$328.9k0.07%	0.07%	Reduced -14.7k	-14,695 -93.5%
78	NVIDIA CORPORATION COM NVDA	NVDA	1,983	$313.3k0.07%	0.07%	Reduced -33.2k	-33,199 -94.4%
79	NORTHERN TR CORP COM NTRS	NTRS	2,404	$304.8k0.07%	0.07%	New
80	DISNEY WALT CO COM DIS	DIS	2,439	$302.5k0.07%	0.07%	New
81	HOWMET AEROSPACE INC COM HWM	HWM	1,622	$301.9k0.07%	0.07%	New
82	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	530	$301.1k0.07%	0.07%	Unchanged
83	LAM RESEARCH CORP COM NEW LRCX	LRCX	3,083	$300.1k0.07%	0.07%	New
84	META PLATFORMS INC CL A META	META	402	$296.7k0.06%	0.06%	Reduced -5.7k	-5,686 -93.4%
85	ROCKWELL AUTOMATION INC COM ROK	ROK	886	$294.3k0.06%	0.06%	New
86	WARNER BROS DISCOVERY INC COM SER A WBD	WBD	25,643	$293.9k0.06%	0.06%	New
87	CHARLES RIV LABS INTL INC COM CRL	CRL	1,920	$291.3k0.06%	0.06%	New
88	QUANTA SVCS INC COM PWR	PWR	765	$289.2k0.06%	0.06%	New
89	ARISTA NETWORKS INC COM SHS ANET	ANET	2,826	$289.1k0.06%	0.06%	New
90	DOORDASH INC CL A DASH	DASH	1,172	$288.9k0.06%	0.06%	New
91	GE AEROSPACE COM NEW GE	GE	1,109	$285.4k0.06%	0.06%	New
92	GOLDMAN SACHS GROUP INC COM GS	GS	403	$285.2k0.06%	0.06%	New
93	TYLER TECHNOLOGIES INC COM TYL	TYL	480	$284.6k0.06%	0.06%	New
94	HARTFORD INSURANCE GROUP INC COM HIG	HIG	2,232	$283.2k0.06%	0.06%	New
95	KLA CORP COM NEW KLAC	KLAC	316	$283.1k0.06%	0.06%	New
96	NIKE INC CL B NKE	NKE	3,970	$282.0k0.06%	0.06%	New
97	KKR & CO INC COM KKR	KKR	2,112	$281.0k0.06%	0.06%	Reduced -30.3k	-30,332 -93.5%
98	TEXAS INSTRS INC COM TXN	TXN	1,352	$280.7k0.06%	0.06%	New
99	FRANKLIN RESOURCES INC COM BEN	BEN	11,767	$280.6k0.06%	0.06%	New
100	FORTINET INC COM FTNT	FTNT	2,653	$280.5k0.06%	0.06%	New

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
GARMIN LTD GRMN	GRMN	22,961	$5.0m23.0k shares
TRANE TECHNOLOGIES PLC TT	TT	9,576	$3.2m9.6k shares
DISCOVER FINL SVCS DFS	DFS	18,395	$3.1m18.4k shares
ISHARES TR IVV	IVV	4,124	$2.3m4.1k shares