Managers / Q2 2023 · view latest →
F&V Capital Management, LLC
CIK 0001569453 · 2300 GLADES ROAD, SUITE 220W, BOCA RATON, FL, 33431 · 561-208-1081
Summary
F&V Capital Management, LLC reported $310M in U.S.-listed holdings across 51 positions for Q2 2023.
Its largest position, CVX, represents 6.0% of the portfolio.
Compared with Q1 2023, the fund opened 1 new position and exited 3.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 95.0% · $294M
- ETP · 3.9% · $12M
- MLP · 1.1% · $3M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| INTCINTEL CORP | NEW | +8.0K | 8.0K | +$268,000 | $268,000 |
| PYPLPAYPAL HLDGS INC | ADDED | +65.5K | 130.2K | +$4M | $9M |
| GOOGLALPHABET INC | SOLD OUT | −6.9K | 0 | −$718,000 | $0 |
| AMZNAMAZON COM INC | SOLD OUT | −2.3K | 0 | −$240,000 | $0 |
| QCOMQUALCOMM INC | SOLD OUT | −1.7K | 0 | −$219,000 | $0 |
| VZVERIZON COMMUNICATIONS INC | ADDED | +17.4K | 219.3K | +$306,000 | $8M |
| AMATAPPLIED MATLS INC | ADDED | +3.9K | 60.0K | +$2M | $9M |
| HPQHP INC | ADDED | +19.3K | 311.3K | +$989,000 | $10M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | CVXCHEVRON CORP NEWhistory → | COM | 6.01% | $19M | 118.3K |
| 2 | ORCLORACLE CORPhistory → | COM | 5.43% | $17M | 141.1K |
| 3 | URIUNITED RENTALS INChistory → | COM | 5.27% | $16M | 36.6K |
| 4 | FDXFEDEX CORPhistory → | COM | 4.67% | $14M | 58.3K |
| 5 | MDTMEDTRONIC INChistory → | SHS | 4.65% | $14M | 163.6K |
| 6 | RTXRAYTHEON TECHNOLOGIES CORPhistory → | COM | 4.62% | $14M | 145.9K |
| 7 | MLIMUELLER INDS INChistory → | COM | 4.14% | $13M | 147.0K |
| 8 | MARATHON OIL CORP | COM | 4.09% | $13M | 550.7K |
| 9 | PSXPHILLIPS 66history → | COM | 4.00% | $12M | 129.9K |
| 10 | CAGCONAGRA BRANDS INChistory → | COM | 3.65% | $11M | 335.2K |
| 11 | GILDGILEAD SCIENCES INChistory → | COM | 3.42% | $11M | 137.5K |
| 12 | BMYBRISTOL-MYERS SQUIBB COhistory → | COM | 3.21% | $10M | 155.5K |
| 13 | HPQHP INChistory → | COM | 3.09% | $10M | 311.3K |
| 14 | CVSCVS HEALTH CORPhistory → | COM | 3.04% | $9M | 136.2K |
| 15 | CSCOCISCO SYS INChistory → | COM | 3.01% | $9M | 180.2K |
| 16 | QRVOQORVO INChistory → | COM | 2.92% | $9M | 88.5K |
| 17 | NEMNEWMONT CORPhistory → | COM | 2.87% | $9M | 208.2K |
| 18 | ALLALLSTATE CORPhistory → | COM | 2.84% | $9M | 80.6K |
| 19 | PYPLPAYPAL HLDGS INChistory → | COM | 2.81% | $9M | 130.2K |
| 20 | AMATAPPLIED MATLS INChistory → | COM | 2.80% | $9M | 60.0K |
| 21 | FOXFOX CORPhistory → | CL B COM | 2.76% | $9M | 268.2K |
| 22 | ADMARCHER DANIELS MIDLAND COhistory → | COM | 2.74% | $8M | 112.5K |
| 23 | LITELUMENTUM HLDGS INChistory → | COM | 2.64% | $8M | 144.1K |
| 24 | VZVERIZON COMMUNICATIONS INChistory → | COM | 2.63% | $8M | 219.3K |
| 25 | EBAYEBAY INChistory → | COM | 2.17% | $7M | 150.5K |
| 26 | BKRBAKER HUGHES COMPANYhistory → | CL A | 1.98% | $6M | 194.4K |
| 27 | VMIVALMONT INDS INChistory → | COM | 1.82% | $6M | 19.4K |
| 28 | AEPAMERICAN ELEC PWR INChistory → | COM | 1.46% | $5M | 53.7K |
| 29 | IDEVISHARES TR | CORE MSCI INTL · CORE S&P500 ETF · MSCI GERMNY ETF · MSCI CHINA A · CORE S&P SCP ETF | 1.19% | $4M | 51.2K |
| 30 | SPYSPDR S&P 500 ETF TR | TR UNIT | 1.00% | $3M | 7.0K |
| 31 | VGKVANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF · FTSE EMR MKT ETF | 0.69% | $2M | 39.9K |
| 32 | EPDENTERPRISE PRODS PARTNERS L | COM | 0.46% | $1M | 54.0K |
| 33 | EWGISHARES INC | MSCI GERMANY ETF · MSCI JPN ETF NEW | 0.35% | $1M | 30.6K |
| 34 | DESWISDOMTREE TR | US SMALLCAP DIVD | 0.33% | $1M | 36.0K |
| 35 | QQQINVESCO QQQ TR | UNIT SER 1 | 0.33% | $1M | 2.8K |
| 36 | ETENERGY TRANSFER L P | COM UT LTD PTN | 0.20% | $629,000 | 49.5K |
| 37 | AAPLAPPLE INC | COM | 0.12% | $364,000 | 1.9K |
| 38 | SPHSUBURBAN PROPANE PARTNERS L | UNIT LTD PARTN | 0.11% | $327,000 | 22.1K |
| 39 | INTCINTEL CORP | COM | 0.09% | $268,000 | 8.0K |
| 40 | SUNSUNOCO LP/SUNOCO FIN CORP | COM UT REP LP | 0.08% | $261,000 | 6.0K |
| 41 | NUSTAR ENERGY LP | UNIT COM | 0.08% | $250,000 | 14.6K |
| 42 | HESMHESS MIDSTREAM LP | CL A SHS | 0.08% | $245,000 | 8.0K |
| 43 | BSMBLACK STONE MINERALS L P | COM UNIT | 0.08% | $239,000 | 15.0K |
| 44 | PAAPLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 0.06% | $197,000 | 14.0K |
| 45 | GIHGOLD RESOURCE CORP | COM | 0.00% | $13,000 | 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 ↗.