Managers / Q4 2022 · view latest →
F&V Capital Management, LLC
CIK 0001569453 · 2300 GLADES ROAD, SUITE 220W, BOCA RATON, FL, 33431 · 561-208-1081
Reported Value
$300M
Q4 2022
Positions
57
Filings on Record
30
2019–present window
Filed
Jan 17, 2023
original filing
Summary
F&V Capital Management, LLC reported $300M in U.S.-listed holdings across 57 positions for Q4 2022.
Its largest position, CVX, represents 6.9% of the portfolio.
Compared with Q3 2022, the fund opened 4 new positions and exited 1.
Portfolio Metrics
Turnover
+1.2%
vs prior filed quarter
Top-10 Concentration
+46.4%
share of reported value
Largest Position
+6.9%
Chevron
New / Exited
4 / 1
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Portfolio Composition
By security type
- Common Stock · 95.4% · $286M
- ETP · 3.4% · $10M
- MLP · 1.1% · $3M
- Other · 0.0% · $135,000
Quarter-over-Quarter Changes full breakdown →
vs Q3 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SUNSUNOCO LP/SUNOCO FIN CORP | NEW | +6.0K | 6.0K | +$259,000 | $259,000 |
| HESMHESS MIDSTREAM LP | NEW | +8.0K | 8.0K | +$239,000 | $239,000 |
| IJRISHARES TR | NEW | +2.4K | 2.4K | +$229,000 | $229,000 |
| PAAPLAINS ALL AMERN PIPELINE L | NEW | +14.0K | 14.0K | +$165,000 | $165,000 |
| ARLPALLIANCE RESOURCE PARTNERS L | SOLD OUT | −8.9K | 0 | −$204,000 | $0 |
| CLFCLEVELAND-CLIFFS INC NEW | ADDED | +140.1K | 355.8K | +$3M | $6M |
| AAPLAPPLE INC | ADDED | +775 | 2.8K | +$83,000 | $364,000 |
| BSMBLACK STONE MINERALS L P | ADDED | +3.8K | 15.0K | +$78,000 | $253,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2022
51 positions (from 57 filing rows — )
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | CVXCHEVRON CORP NEWhistory → | COM | 6.90% | $21M | 115.4K |
| 2 | ADMARCHER DANIELS MIDLAND COhistory → | COM | 5.43% | $16M | 175.5K |
| 3 | MARATHON OIL CORP | COM | 4.87% | $15M | 539.4K |
| 4 | RTXRAYTHEON TECHNOLOGIES CORPhistory → | COM | 4.81% | $14M | 143.0K |
| 5 | PSXPHILLIPS 66history → | COM | 4.27% | $13M | 123.0K |
| 6 | CVSCVS HEALTH CORPhistory → | COM | 4.24% | $13M | 136.7K |
| 7 | URIUNITED RENTALS INChistory → | COM | 4.17% | $13M | 35.2K |
| 8 | CAGCONAGRA BRANDS INChistory → | COM | 4.15% | $12M | 321.7K |
| 9 | ORCLORACLE CORPhistory → | COM | 3.80% | $11M | 139.7K |
| 10 | GILDGILEAD SCIENCES INChistory → | COM | 3.76% | $11M | 131.4K |
| 11 | ALLALLSTATE CORPhistory → | COM | 3.65% | $11M | 80.7K |
| 12 | BMYBRISTOL-MYERS SQUIBB COhistory → | COM | 3.60% | $11M | 150.3K |
| 13 | FDXFEDEX CORPhistory → | COM | 3.39% | $10M | 58.7K |
| 14 | NEMNEWMONT CORPhistory → | COM | 3.20% | $10M | 203.6K |
| 15 | MLIMUELLER INDS INChistory → | COM | 2.84% | $9M | 144.7K |
| 16 | CSCOCISCO SYS INChistory → | COM | 2.67% | $8M | 168.3K |
| 17 | VZVERIZON COMMUNICATIONS INChistory → | COM | 2.64% | $8M | 201.4K |
| 18 | QRVOQORVO INChistory → | COM | 2.54% | $8M | 84.2K |
| 19 | FOXFOX CORPhistory → | CL B COM | 2.53% | $8M | 267.2K |
| 20 | GOOGLALPHABET INChistory → | CAP STK CL A | 2.49% | $7M | 84.8K |
| 21 | HPQHP INChistory → | COM | 2.46% | $7M | 275.1K |
| 22 | MDTMEDTRONIC INChistory → | SHS | 2.05% | $6M | 79.2K |
| 23 | VMIVALMONT INDS INChistory → | COM | 2.04% | $6M | 18.5K |
| 24 | EBAYEBAY INChistory → | COM | 2.03% | $6M | 146.8K |
| 25 | BKRBAKER HUGHES COMPANYhistory → | CL A | 1.92% | $6M | 195.5K |
| 26 | CLFCLEVELAND-CLIFFS INC NEWhistory → | COM | 1.91% | $6M | 355.8K |
| 27 | AMATAPPLIED MATLS INChistory → | COM | 1.83% | $6M | 56.5K |
| 28 | LITELUMENTUM HLDGS INChistory → | COM | 1.59% | $5M | 91.6K |
| 29 | AEPAMERICAN ELEC PWR INChistory → | COM | 1.55% | $5M | 49.1K |
| 30 | PYPLPAYPAL HLDGS INChistory → | COM | 1.53% | $5M | 64.5K |
| 31 | IDEVISHARES TR | CORE MSCI INTL · CORE S&P500 ETF · MSCI CHINA A · MSCI GERMNY ETF · CORE S&P SCP ETF | 1.10% | $3M | 50.8K |
| 32 | SPYSPDR S&P 500 ETF TR | TR UNIT | 0.90% | $3M | 7.1K |
| 33 | VGKVANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF · FTSE EMR MKT ETF | 0.65% | $2M | 39.9K |
| 34 | EPDENTERPRISE PRODS PARTNERS L | COM | 0.43% | $1M | 54.0K |
| 35 | EWGISHARES INC | MSCI GERMANY ETF · MSCI JPN ETF NEW | 0.31% | $933,000 | 30.3K |
| 36 | QQQINVESCO QQQ TR | UNIT SER 1 | 0.25% | $740,000 | 2.8K |
| 37 | DESWISDOMTREE TR | US SMALLCAP DIVD | 0.23% | $682,000 | 24.0K |
| 38 | ETENERGY TRANSFER L P | COM UT LTD PTN | 0.20% | $588,000 | 49.5K |
| 39 | JNJJOHNSON & JOHNSON | COM | 0.15% | $443,000 | 2.5K |
| 40 | AAPLAPPLE INC | COM | 0.12% | $364,000 | 2.8K |
| 41 | SPHSUBURBAN PROPANE PARTNERS L | UNIT LTD PARTN | 0.11% | $335,000 | 22.1K |
| 42 | CRESTWOOD EQUITY PARTNERS LP | UNIT LTD PARTNER | 0.09% | $272,000 | 10.4K |
| 43 | SUNSUNOCO LP/SUNOCO FIN CORP | COM UT REP LP | 0.09% | $259,000 | 6.0K |
| 44 | BSMBLACK STONE MINERALS L P | COM UNIT | 0.08% | $253,000 | 15.0K |
| 45 | HESMHESS MIDSTREAM LP | CL A SHS | 0.08% | $239,000 | 8.0K |
| 46 | NUSTAR ENERGY LP | UNIT COM | 0.08% | $234,000 | 14.6K |
| 47 | AMZNAMAZON COM INC | COM | 0.08% | $234,000 | 2.8K |
| 48 | QCOMQUALCOMM INC | COM | 0.07% | $217,000 | 2.0K |
| 49 | PAAPLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 0.05% | $165,000 | 14.0K |
| 50 | KNOT OFFSHORE PARTNERS LP | COM UNITS | 0.04% | $135,000 | 14.0K |
| 51 | GIHGOLD RESOURCE CORP | COM | 0.01% | $31,000 | 20.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $473M | 59 | Apr 27, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $470M | 60 | Mar 26, 2026 | RESTATEMENT | changes · EDGAR ↗ |
| Q3 2025 | $445M | 54 | Oct 10, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $391M | 54 | Jul 21, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $385M | 55 | Apr 16, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $380M | 56 | Jan 24, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $389M | 53 | Oct 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $343M | 52 | Jul 22, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $339M | 56 | Apr 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $312M | 55 | Jan 17, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $292M | 51 | Oct 24, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $310M | 51 | Jul 20, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $301M | 53 | Apr 17, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $300M | 57 | Jan 17, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $259M | 54 | Oct 24, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $281M | 51 | Jul 25, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $330M | 63 | Apr 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $298M | 61 | Jan 20, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $250M | 53 | Oct 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $272M | 57 | Jul 9, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $268M | 61 | Apr 8, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $232M | 59 | Jan 11, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $206M | 64 | Oct 9, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $197M | 63 | Jul 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $157M | 64 | Apr 7, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $184M | 61 | Jan 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $161M | 60 | Oct 7, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $168M | 55 | Jul 12, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $175M | 57 | Apr 8, 2019 | 13F-HR | changes · 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 ↗.