SEC 13F Intelligence

Managers / Q1 2023 · view latest →

SKBA CAPITAL MANAGEMENT LLC

CIK 0000932024 · 601 CALIFORNIA STREET, SUITE 1500, SAN FRANCISCO, CA, 94108 · 4159897852

Reported Value
$537M
Q1 2023
Positions
75
Filings on Record
30
2019–present window
Filed
May 11, 2023
original filing

Summary

Skba Capital Management LLC reported $537M in U.S.-listed holdings across 75 positions for Q1 2023.

Its largest position, MRK, represents 3.7% of the portfolio.

Compared with Q4 2022, the fund opened 3 new positions and exited 4.

Portfolio Metrics

Turnover
+10.7%
vs prior filed quarter
Top-10 Concentration
+29.5%
share of reported value
Largest Position
+3.7%
Merck
New / Exited
3 / 4
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $616MQ4 ’18Q1 ’19: $622MQ2 ’19: $626MQ3 ’19: $629MQ4 ’19: $633MQ4 ’19Q1 ’20: $440MQ2 ’20: $515MQ3 ’20: $501MQ4 ’20: $597MQ4 ’20Q1 ’21: $630MQ2 ’21: $511MQ3 ’21: $501MQ4 ’21: $531MQ4 ’21Q1 ’22: $554MQ2 ’22: $500MQ3 ’22: $472MQ4 ’22: $541MQ4 ’22Q1 ’23: $537MQ2 ’23: $555MQ3 ’23: $542MQ4 ’23: $594MQ4 ’23Q1 ’24: $640MQ2 ’24: $623MQ3 ’24: $674MQ4 ’24: $633MQ4 ’24Q1 ’25: $672MQ2 ’25: $695MQ3 ’25: $723MQ4 ’25: $704MQ4 ’25Q1 ’26: $728Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 84.6%ADR: 4.4%Other: 4.4%REIT: 4.0%NY Reg Shrs: 2.6%
  • Common Stock · 84.6% · $454M
  • ADR · 4.4% · $24M
  • Other · 4.4% · $24M
  • REIT · 4.0% · $21M
  • NY Reg Shrs · 2.6% · $14M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FDXFEDEX CORPNEW+38.9K38.9K+$9M$9M
BAMBROOKFIELD ASSET MANAGMT LTDNEW+147.3K147.3K+$5M$5M
GOOGLALPHABET INCNEW+2.4K2.4K+$246,877$246,877
ALAIR LEASE CORPADDED+194.4K200.8K+$8M$8M
CRBGCOREBRIDGE FINL INCADDED+345.1K634.4K+$4M$10M
NXP SEMICONDUCTORS N VADDED+37.5K69.6K+$8M$13M
ATLAS CORPSOLD OUT−709.3K0−$11M$0
PFEPFIZER INCSOLD OUT−7.0K0−$358,680$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MRKMERCK & CO INChistory →COM3.71%$20M187.3K
2COPCONOCOPHILLIPShistory →COM3.51%$19M190.0K
3RTXRAYTHEON TECHNOLOGIES CORPhistory →COM3.48%$19M190.7K
4IBMINTERNATIONAL BUSINESS MACHShistory →COM3.02%$16M123.8K
5KTBKONTOOR BRANDS INChistory →COM2.89%$16M320.4K
6TAT&T INChistory →COM2.74%$15M763.0K
7AIGAMERICAN INTL GROUP INChistory →COM NEW2.59%$14M275.9K
8PHGKONINKLIJKE PHILIPS N Vhistory →NY REGIS SHS NEW2.57%$14M752.9K
9KHCKRAFT HEINZ COhistory →COM2.50%$13M347.1K
10DRIDARDEN RESTAURANTS INChistory →COM2.49%$13M86.2K
11NXP SEMICONDUCTORS N VCOM2.42%$13M69.6K
12INGRINGREDION INChistory →COM2.29%$12M121.0K
13RIORIO TINTO PLChistory →SPONSORED ADR2.27%$12M177.7K
14CMCSACOMCAST CORP NEWhistory →CL A2.25%$12M319.1K
15NTAPNETAPP INChistory →COM2.12%$11M178.1K
16CAHCARDINAL HEALTH INChistory →COM2.08%$11M147.8K
17METMETLIFE INChistory →COM2.04%$11M189.3K
18PSXPHILLIPS 66history →COM1.97%$11M104.1K
19OREALTY INCOME CORPhistory →COM1.94%$10M164.6K
20VICIVICI PPTYS INChistory →COM1.93%$10M317.2K
21LEALEAR CORPhistory →COM NEW1.93%$10M74.1K
22CRBGCOREBRIDGE FINL INChistory →COM1.89%$10M634.4K
23TRVCCITIGROUP INChistory →COM NEW1.83%$10M209.7K
24CSCOCISCO SYS INChistory →COM1.83%$10M187.6K
25IFFINTERNATIONAL FLAVORS&FRAGRAhistory →COM1.81%$10M105.9K
26KMIKINDER MORGAN INC DELhistory →COM1.80%$10M552.7K
27PBPROSPERITY BANCSHARES INChistory →COM1.80%$10M156.8K
28NEMNEWMONT CORPhistory →COM1.79%$10M195.5K
29RDNRADIAN GROUP INChistory →COM1.78%$10M432.8K
30FDXFEDEX CORPhistory →COM1.66%$9M38.9K
31TXNTEXAS INSTRS INChistory →COM1.63%$9M47.1K
32CMECME GROUP INChistory →COM1.61%$9M45.0K
33WFCWELLS FARGO CO NEWhistory →COM1.57%$8M225.2K
34CHVCHEVRON CORP NEWhistory →COM1.57%$8M51.5K
35GPCGENUINE PARTS COhistory →COM1.51%$8M48.5K
36TAPMOLSON COORS BEVERAGE COhistory →CL B1.51%$8M156.6K
37BACVERIZON COMMUNICATIONS INChistory →COM1.50%$8M206.4K
38ALAIR LEASE CORPhistory →CL A1.47%$8M200.8K
39PHPARKER-HANNIFIN CORPhistory →COM1.44%$8M23.1K
40NTRNUTRIEN LTDhistory →COM1.41%$8M102.3K
41AMGNAMGEN INChistory →COM1.37%$7M30.3K
42MEDTRONIC PLCSHS1.32%$7M87.8K
43NTRSNORTHERN TR CORPhistory →COM1.30%$7M79.0K
44ABBVABBVIE INChistory →COM1.23%$7M41.4K
45EQNREQUINOR ASAhistory →SPONSORED ADR1.22%$7M230.4K
46UNPUNION PAC CORPhistory →COM1.18%$6M31.3K
47PEPPEPSICO INChistory →COM1.06%$6M31.3K
48OGEOGE ENERGY CORPhistory →COM1.05%$6M149.2K
49GLWCORNING INChistory →COM1.03%$6M156.3K
50PKGPACKAGING CORP AMERhistory →COM1.01%$5M38.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$728M79May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$704M80Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$723M81Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$695M84Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$672M86May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$633M76Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$674M76Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$623M74Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$640M75May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$594M76Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$542M76Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$555M77Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$537M75May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$541M76Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$472M73Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$500M75Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$554M80May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$531M83Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$501M81Nov 10, 202113F-HRchanges · EDGAR ↗
Q2 2021$511M80Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$630M79May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$597M76Feb 10, 202113F-HRchanges · EDGAR ↗
Q3 2020$501M72Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$515M69Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$440M69May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$633M72Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$629M71Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$626M74Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$622M70May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$616M73Feb 7, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Alaska Permanent Fund Corp028-20231

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.