Managers / Q3 2023 · view latest →
F&V Capital Management, LLC
CIK 0001569453 · 2300 GLADES ROAD, SUITE 220W, BOCA RATON, FL, 33431 · 561-208-1081
Reported Value
$292M
Q3 2023
Positions
51
Filings on Record
30
2019–present window
Filed
Oct 24, 2023
original filing
Summary
F&V Capital Management, LLC reported $292M in U.S.-listed holdings across 51 positions for Q3 2023.
Its largest position, CVX, represents 6.8% of the portfolio.
The book was largely unchanged from Q2 2023.
Portfolio Metrics
Turnover
+3.7%
vs prior filed quarter
Top-10 Concentration
+47.6%
share of reported value
Largest Position
+6.8%
Chevron
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 · 94.8% · $277M
- ETP · 3.8% · $11M
- MLP · 1.3% · $4M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| AEPAMERICAN ELEC PWR INC | ADDED | +41.7K | 95.4K | +$3M | $7M |
| MLIMUELLER INDS INC | TRIMMED | −64.6K | 82.4K | −$7M | $6M |
| PAAPLAINS ALL AMERN PIPELINE L | ADDED | +5.6K | 19.6K | +$103,000 | $300,000 |
| NUSTAR ENERGY LP | ADDED | +5.3K | 19.9K | +$96,000 | $346,000 |
| SUNSUNOCO LP/SUNOCO FIN CORP | ADDED | +1.5K | 7.5K | +$106,000 | $367,000 |
| BSMBLACK STONE MINERALS L P | ADDED | +3.3K | 18.3K | +$76,000 | $315,000 |
| DESWISDOMTREE TR | TRIMMED | −5.7K | 30.3K | −$181,000 | $854,000 |
| VWOVANGUARD INTL EQUITY INDEX F | TRIMMED | −2.3K | 13.9K | −$114,000 | $544,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2023
45 positions (from 51 filing rows — )
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | CVXCHEVRON CORP NEWhistory → | COM | 6.75% | $20M | 116.9K |
| 2 | URIUNITED RENTALS INChistory → | COM | 5.47% | $16M | 35.9K |
| 3 | FDXFEDEX CORPhistory → | COM | 5.27% | $15M | 58.0K |
| 4 | PSXPHILLIPS 66history → | COM | 5.23% | $15M | 127.1K |
| 5 | ORCLORACLE CORPhistory → | COM | 5.22% | $15M | 143.8K |
| 6 | MARATHON OIL CORP | COM | 4.95% | $14M | 539.9K |
| 7 | MDTMEDTRONIC INChistory → | SHS | 4.37% | $13M | 162.8K |
| 8 | RTXRAYTHEON TECHNOLOGIES CORPhistory → | COM | 3.56% | $10M | 144.2K |
| 9 | GILDGILEAD SCIENCES INChistory → | COM | 3.48% | $10M | 135.6K |
| 10 | CSCOCISCO SYS INChistory → | COM | 3.29% | $10M | 178.8K |
| 11 | CVSCVS HEALTH CORPhistory → | COM | 3.21% | $9M | 134.0K |
| 12 | CAGCONAGRA BRANDS INChistory → | COM | 3.14% | $9M | 334.5K |
| 13 | ALLALLSTATE CORPhistory → | COM | 3.08% | $9M | 80.8K |
| 14 | BMYBRISTOL-MYERS SQUIBB COhistory → | COM | 3.06% | $9M | 153.6K |
| 15 | ADMARCHER DANIELS MIDLAND COhistory → | COM | 2.89% | $8M | 111.6K |
| 16 | QRVOQORVO INChistory → | COM | 2.85% | $8M | 87.0K |
| 17 | AMATAPPLIED MATLS INChistory → | COM | 2.83% | $8M | 59.7K |
| 18 | HPQHP INChistory → | COM | 2.70% | $8M | 306.8K |
| 19 | NEMNEWMONT CORPhistory → | COM | 2.62% | $8M | 207.0K |
| 20 | FOXFOX CORPhistory → | CL B COM | 2.62% | $8M | 264.6K |
| 21 | PYPLPAYPAL HLDGS INChistory → | COM | 2.59% | $8M | 129.1K |
| 22 | AEPAMERICAN ELEC PWR INChistory → | COM | 2.46% | $7M | 95.4K |
| 23 | VZVERIZON COMMUNICATIONS INChistory → | COM | 2.41% | $7M | 217.0K |
| 24 | BKRBAKER HUGHES COMPANYhistory → | CL A | 2.33% | $7M | 192.3K |
| 25 | EBAYEBAY INChistory → | COM | 2.24% | $7M | 148.0K |
| 26 | LITELUMENTUM HLDGS INChistory → | COM | 2.20% | $6M | 142.1K |
| 27 | MLIMUELLER INDS INChistory → | COM | 2.12% | $6M | 82.4K |
| 28 | VMIVALMONT INDS INChistory → | COM | 1.60% | $5M | 19.4K |
| 29 | IDEVISHARES TR | CORE MSCI INTL · CORE S&P500 ETF · MSCI GERMNY ETF · MSCI CHINA A · CORE S&P SCP ETF | 1.20% | $3M | 51.2K |
| 30 | SPYSPDR S&P 500 ETF TRhistory → | TR UNIT | 1.00% | $3M | 6.8K |
| 31 | VGKVANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF · FTSE EMR MKT ETF | 0.66% | $2M | 37.6K |
| 32 | EPDENTERPRISE PRODS PARTNERS L | COM | 0.51% | $1M | 54.0K |
| 33 | EWGISHARES INC | MSCI GERMANY ETF · MSCI JPN ETF NEW | 0.35% | $1M | 30.6K |
| 34 | QQQINVESCO QQQ TR | UNIT SER 1 | 0.34% | $1M | 2.8K |
| 35 | DESWISDOMTREE TR | US SMALLCAP DIVD | 0.29% | $854,000 | 30.3K |
| 36 | ETENERGY TRANSFER L P | COM UT LTD PTN | 0.24% | $695,000 | 49.5K |
| 37 | SUNSUNOCO LP/SUNOCO FIN CORP | COM UT REP LP | 0.13% | $367,000 | 7.5K |
| 38 | SPHSUBURBAN PROPANE PARTNERS L | UNIT LTD PARTN | 0.12% | $355,000 | 22.1K |
| 39 | NUSTAR ENERGY LP | UNIT COM | 0.12% | $346,000 | 19.9K |
| 40 | AAPLAPPLE INC | COM | 0.11% | $321,000 | 1.9K |
| 41 | BSMBLACK STONE MINERALS L P | COM UNIT | 0.11% | $315,000 | 18.3K |
| 42 | PAAPLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 0.10% | $300,000 | 19.6K |
| 43 | INTCINTEL CORP | COM | 0.10% | $284,000 | 8.0K |
| 44 | HESMHESS MIDSTREAM LP | CL A SHS | 0.09% | $262,000 | 9.0K |
| 45 | GIHGOLD RESOURCE CORP | COM | 0.00% | $9,000 | 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 ↗.