SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Stack Financial Management, Inc

CIK 0001308685 · 625 WISCONSIN AVENUE, WHITEFISH, MT, 59937 · 406-862-8000

Reported Value
$886M
Q4 2023
Positions
42
Filings on Record
31
2019–present window
Filed
Feb 2, 2024
original filing

Summary

Stack Financial Management, Inc reported $886M in U.S.-listed holdings across 42 positions for Q4 2023.

Its largest position, MSFT, represents 10.4% of the portfolio.

Compared with Q3 2023, the fund opened 6 new positions and exited 4.

Portfolio Metrics

Turnover
+6.8%
vs prior filed quarter
Top-10 Concentration
+48.3%
share of reported value
Largest Position
+10.4%
Microsoft
New / Exited
6 / 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: $813MQ4 ’18Q1 ’19: $835MQ2 ’19: $891MQ3 ’19: $841MQ4 ’19: $929MQ4 ’19Q1 ’20: $637MQ2 ’20: $878MQ3 ’20: $996MQ4 ’20: $1.1BQ4 ’20Q1 ’21: $1.2BQ2 ’21: $1.2BQ3 ’21: $1.0BQ4 ’21: $1.2BQ4 ’21Q1 ’22: $1.2BQ2 ’22: $1.0BQ3 ’22: $954MQ4 ’22: $994MQ4 ’22Q1 ’23: $822MQ2 ’23: $894MQ3 ’23: $858MQ4 ’23: $886MQ4 ’23Q1 ’24: $1.1BQ2 ’24: $1.1BQ3 ’24: $1.1BQ4 ’24: $1.1BQ4 ’24Q1 ’25: $1.2BQ2 ’25: $1.1BQ3 ’25: $1.2BQ4 ’25: $1.3BQ4 ’25Q1 ’26: $1.4Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 90.4%Other: 9.2%ETP: 0.3%
  • Common Stock · 90.4% · $801M
  • Other · 9.2% · $82M
  • ETP · 0.3% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CNPCENTERPOINT ENERGY INCNEW+740.4K740.4K+$21M$21M
GPCGENUINE PARTS CONEW+89.7K89.7K+$12M$12M
AEEAMEREN CORPNEW+158.1K158.1K+$11M$11M
VLTOVERALTO CORPNEW+25.5K25.5K+$2M$2M
XLUSELECT SECTOR SPDR TRNEW+14.4K14.4K+$913,472$913,472
AAPLAPPLE INCNEW+1.1K1.1K+$211,976$211,976
DEDEERE & COSOLD OUT−48.1K0−$18M$0
UPSUNITED PARCEL SERVICE INCSOLD OUT−75.4K0−$12M$0

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

Holdings — Q4 2023

41 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM10.41%$92M245.1K
2WMTWALMART INChistory →COM6.58%$58M369.3K
3ACCENTURE PLC IRELANDSHS CLASS A5.59%$50M141.2K
4BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW5.05%$45M125.5K
5PWRQUANTA SVCS INChistory →COM4.66%$41M191.0K
6CHVCHEVRON CORP NEWhistory →COM3.64%$32M216.4K
7PSXPHILLIPS 66history →COM3.39%$30M225.6K
8WMWASTE MGMT INC DELhistory →COM3.04%$27M150.3K
9UNHUNITEDHEALTH GROUP INChistory →COM3.03%$27M51.0K
10MDLZMONDELEZ INTL INChistory →CL A2.86%$25M349.9K
11MRKMERCK & CO INChistory →COM2.75%$24M223.6K
12SYKSTRYKER CORPORATIONhistory →COM2.54%$22M75.0K
13CITHE CIGNA GROUPhistory →COM2.51%$22M74.2K
14COPCONOCOPHILLIPShistory →COM2.44%$22M186.4K
15LMTLOCKHEED MARTIN CORPhistory →COM2.43%$22M47.5K
16CNPCENTERPOINT ENERGY INChistory →COM2.39%$21M740.4K
17IQVIQVIA HLDGS INChistory →COM2.37%$21M90.7K
18AEMAGNICO EAGLE MINES LTDhistory →COM2.37%$21M382.5K
19PEPPEPSICO INChistory →COM2.28%$20M118.7K
20KOCOCA COLA COhistory →COM2.24%$20M336.5K
21DUKDUKE ENERGY CORP NEWhistory →COM NEW2.19%$19M199.5K
22WPMWHEATON PRECIOUS METALS CORPhistory →COM2.05%$18M368.2K
23DHRDANAHER CORPORATIONhistory →COM2.03%$18M77.5K
24EOGEOG RES INChistory →COM2.00%$18M146.3K
25LABORATORY CORP AMER HLDGSCOM NEW1.94%$17M75.8K
26JNJJOHNSON & JOHNSONhistory →COM1.90%$17M107.6K
27MEDTRONIC PLCSHS1.71%$15M183.6K
28EMREMERSON ELEC COhistory →COM1.70%$15M154.6K
29PGPROCTER AND GAMBLE COhistory →COM1.59%$14M96.2K
30CMCSACOMCAST CORP NEWhistory →CL A1.52%$13M306.0K
31AEPAMERICAN ELEC PWR CO INChistory →COM1.51%$13M164.5K
32DOVDOVER CORPhistory →COM1.46%$13M84.2K
33NEMNEWMONT CORPhistory →COM1.41%$12M301.8K
34GPCGENUINE PARTS COhistory →COM1.40%$12M89.7K
35AEEAMEREN CORPhistory →COM1.29%$11M158.1K
36CVSCVS HEALTH CORPhistory →COM1.13%$10M126.8K
37VLTOVERALTO CORPCOM SHS0.24%$2M25.5K
38XLUSELECT SECTOR SPDR TRSBI INT-UTILS · INDL0.14%$1M17.5K
39VANECK ETF TRUSTGOLD MINERS ETF0.10%$850,63627.4K
40SPDR S&P 500 ETF TRTR UNIT0.09%$781,8851.6K
41AAPLAPPLE INCCOM0.02%$211,9761.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.4B52May 4, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.3B59Feb 3, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.2B51Nov 3, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.1B49Jul 25, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.2B53May 2, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.1B50Feb 4, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.1B48Nov 4, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.1B49Aug 2, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.1B46May 2, 202413F-HRchanges · EDGAR ↗
Q4 2023$886M42Feb 2, 202413F-HRchanges · EDGAR ↗
Q3 2023$858M40Nov 3, 202313F-HRchanges · EDGAR ↗
Q2 2023$894M40Aug 2, 202313F-HRchanges · EDGAR ↗
Q1 2023$822M35May 2, 202313F-HRchanges · EDGAR ↗
Q4 2022$994M36Feb 2, 202313F-HRchanges · EDGAR ↗
Q3 2022$954M38Oct 31, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.0B38Aug 4, 202213F-HRchanges · EDGAR ↗
Q1 2022REVEALED$1.2B45May 3, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.2B50Feb 3, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.0B46Nov 1, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.2B51Jul 26, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.2B50Apr 9, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.1B50Jan 19, 202113F-HRchanges · EDGAR ↗
Q3 2020$996M47Nov 4, 202013F-HRchanges · EDGAR ↗
Q2 2020$878M51Jul 20, 202013F-HRchanges · EDGAR ↗
Q1 2020$637M40May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$929M50Jan 24, 202013F-HRchanges · EDGAR ↗
Q3 2019$841M47Oct 29, 201913F-HRchanges · EDGAR ↗
Q2 2019$891M45Jul 30, 201913F-HRchanges · EDGAR ↗
Q1 2019$835M44May 6, 201913F-HRchanges · EDGAR ↗
Q4 2018$813M50Feb 5, 201913F-HRchanges · EDGAR ↗

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 ↗.