Managers / Q3 2023 · view latest →
Armstrong, Fleming & Moore, Inc
CIK 0001990099 · 1800 M ST, NW, #1010-S, WASHINGTON, DC, 20036 · 202-887-8135
Summary
Armstrong, Fleming & Moore, Inc reported $103M in U.S.-listed holdings across 83 positions for Q3 2023.
Its largest position, AAPL, represents 16.7% of the portfolio.
Compared with Q2 2023, the fund opened 1 new position and exited 5.
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. 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 · 68.1% · $70M
- ETP · 25.2% · $26M
- REIT · 4.2% · $4M
- Other · 2.0% · $2M
- ADR · 0.4% · $423,599
Quarter-over-Quarter Changes full breakdown →
vs Q2 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ISHARES TR | NEW | +4.7K | 4.7K | +$235,945 | $235,945 |
| NVONOVO-NORDISK A S | ADDED | +2.5K | 4.7K | +$73,399 | $423,599 |
| SHELSHELL PLC | SOLD OUT | −4.0K | 0 | −$239,639 | $0 |
| LMTLOCKHEED MARTIN CORP | SOLD OUT | −486 | 0 | −$223,745 | $0 |
| ZZILLOW GROUP INC | SOLD OUT | −4.0K | 0 | −$201,040 | $0 |
| FSCOFS CREDIT OPPORTUNITIES CORP | SOLD OUT | −10.4K | 0 | −$49,196 | $0 |
| WEWORK INC | SOLD OUT | −10.0K | 0 | −$2,554 | $0 |
| SPDR SER TR | TRIMMED | −5.2K | 5.4K | −$246,823 | $250,145 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | AAPLAPPLE INChistory → | COM | 16.74% | $17M | 100.9K |
| 2 | CAPITAL GROUP INTL FOCUS EQT | SHS CREATION UNI | 11.10% | $11M | 526.4K |
| 3 | T ROWE PRICE ETF INC | PRICE BLUE CHIP | 6.39% | $7M | 242.9K |
| 4 | SAICSCIENCE APPLICATIONS INTL COhistory → | COM | 4.38% | $5M | 42.8K |
| 5 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW · CL A | 3.43% | $4M | 5.5K |
| 6 | WPCWP CAREY INChistory → | COM | 3.31% | $3M | 63.2K |
| 7 | MARMARRIOTT INTL INC NEWhistory → | CL A | 2.61% | $3M | 13.7K |
| 8 | EXMOCEXXON MOBIL CORPhistory → | COM | 2.28% | $2M | 20.0K |
| 9 | TSLATESLA INChistory → | COM | 2.23% | $2M | 9.2K |
| 10 | JNJJOHNSON & JOHNSONhistory → | COM | 2.22% | $2M | 14.7K |
| 11 | CHVCHEVRON CORP NEWhistory → | COM | 1.99% | $2M | 12.2K |
| 12 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 1.98% | $2M | 15.5K |
| 13 | COSTCOSTCO WHSL CORP NEWhistory → | COM | 1.85% | $2M | 3.4K |
| 14 | PGPROCTER AND GAMBLE COhistory → | COM | 1.84% | $2M | 13.0K |
| 15 | ISHARES TR | EAFE GRWTH ETF · MODERT ALLOC ETF · CORE MSCI EAFE | 1.75% | $2M | 30.2K |
| 16 | GEOPARK LTD | USD SHS | 1.68% | $2M | 168.6K |
| 17 | MSFTMICROSOFT CORPhistory → | COM | 1.45% | $1M | 4.7K |
| 18 | JPMJPMORGAN CHASE & COhistory → | COM | 1.43% | $1M | 10.2K |
| 19 | AMZNAMAZON COM INChistory → | COM | 1.29% | $1M | 10.5K |
| 20 | CGDVUSDCAPITAL GROUP DIVIDEND VALUEhistory → | SHS CREATION UNI | 1.25% | $1M | 48.5K |
| 21 | CGGRUSDCAPITAL GROUP GROWTH ETFhistory → | SHS CREATION UNI | 1.21% | $1M | 51.1K |
| 22 | ISHARES INC | CORE MSCI EMKT | 1.20% | $1M | 26.1K |
| 23 | UNPUNION PAC CORPhistory → | COM | 1.11% | $1M | 5.6K |
| 24 | TAT&T INC | COM | 0.94% | $966,388 | 64.3K |
| 25 | CGGOUSDCAPITAL GROUP GBL GROWTH EQT | SHS CREATION UNI | 0.90% | $927,687 | 40.5K |
| 26 | OREALTY INCOME CORP | COM | 0.88% | $905,733 | 18.1K |
| 27 | PEPPEPSICO INC | COM | 0.87% | $894,059 | 5.3K |
| 28 | EMREMERSON ELEC CO | COM | 0.86% | $884,002 | 9.2K |
| 29 | MRKMERCK & CO INC | COM | 0.80% | $829,564 | 8.1K |
| 30 | BACVERIZON COMMUNICATIONS INC | COM | 0.80% | $824,812 | 25.4K |
| 31 | NVDANVIDIA CORPORATION | COM | 0.76% | $787,446 | 1.8K |
| 32 | IBMINTERNATIONAL BUSINESS MACHS | COM | 0.75% | $772,389 | 5.5K |
| 33 | SPLKCHFSPLUNK INC | COM | 0.73% | $749,239 | 5.1K |
| 34 | CHTRCHARTER COMMUNICATIONS INC N | CL A | 0.72% | $740,657 | 1.7K |
| 35 | FMBHFIRST MID ILL BANCSHARES INC | COM | 0.64% | $662,141 | 24.9K |
| 36 | DISDISNEY WALT CO | COM | 0.59% | $613,195 | 7.6K |
| 37 | HONGBPHONEYWELL INTL INC | COM | 0.57% | $587,751 | 3.2K |
| 38 | APDAIR PRODS & CHEMS INC | COM | 0.57% | $584,938 | 2.1K |
| 39 | NEENEXTERA ENERGY INC | COM | 0.56% | $579,639 | 10.1K |
| 40 | PLTRPALANTIR TECHNOLOGIES INC | CL A | 0.54% | $556,000 | 34.8K |
| 41 | CSCOCISCO SYS INC | COM | 0.51% | $530,393 | 9.9K |
| 42 | IQVIQVIA HLDGS INC | COM | 0.50% | $520,797 | 2.6K |
| 43 | MTBM & T BK CORP | COM | 0.49% | $504,035 | 4.0K |
| 44 | KOCOCA COLA CO | COM | 0.46% | $475,649 | 8.5K |
| 45 | BMYBRISTOL-MYERS SQUIBB CO | COM | 0.46% | $472,968 | 8.1K |
| 46 | ABBVABBVIE INC | COM | 0.46% | $470,285 | 3.2K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $236M | 108 | Apr 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $216M | 105 | Jan 16, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $209M | 112 | Oct 20, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $184M | 106 | Jul 23, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $83M | 79 | Apr 11, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $165M | 95 | Feb 5, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $172M | 99 | Oct 16, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $156M | 94 | Jul 23, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $144M | 92 | Apr 23, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $133M | 90 | Feb 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $103M | 83 | Nov 3, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $109M | 87 | Aug 16, 2023 | 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 ↗.