MONTGOMERY INVESTMENT MANAGEMENT INC

Registered adviser

CIK

1272544

Location

ROCKVILLE, MD

Portfolio Value

Small $329,513,223

Diversification

Diversified

Filing Date

Global Rank

#4,917 / 8,816 ▼ 61

Top Industry

Rental & Leasing Services 12.4%

Period ended 4 months ago

Filed Jul 15, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 105417

Roster of Oct 1, 2026

Regulatory AUM

$489,951,330

Main clients

Individuals and high net worth (100% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Mar 2026 to Oct 2026	$489,951,330	Individuals and high net worth (100%)
Mar 2025 to Feb 2026	$451,205,884	Individuals and high net worth (100%)
Feb 2024 to Feb 2025	$364,207,038	Individuals and high net worth (99%)
Sep 2023 to Jan 2024	$340,480,228	Individuals and high net worth (99%)
May 2023 to Aug 2023	$318,018,452	Individuals and high net worth (99%)
Feb 2023 to Apr 2023	$318,018,452	Individuals and high net worth (99%)

4 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 53.8%, 24.1 effective positions, active share 79.3% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

3.0% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 23.4 quarters (12+), a floor since 83.0% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 79.3%; sector active share 38.5% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

108 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

11.7%

+3.2 pts

Top 5

35.5%

+4.7 pts

Top 10

53.8%

+4.4 pts

HHI

415

Diversified+66

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Industrials	33.4%	$109,958,629	18
Energy	15.6%	$51,240,282	20
Technology	12.0%	$39,533,977	16
Financial Services	10.1%	$33,395,877	10
Consumer Cyclical	8.2%	$27,025,141	11
Unclassified	6.0%	$19,689,663	5
Healthcare	5.7%	$18,758,465	9
Basic Materials	4.5%	$14,969,907	5
Consumer Defensive	2.1%	$6,908,955	5
Utilities	1.0%	$3,190,511	2
Real Estate	0.8%	$2,792,150	4
Communication Services	0.6%	$2,049,666	3

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

19 positions

Ticker	Company	Δ Shares	Shares	Value
SGOV	iShares 0-3 Month Treasury Bond ETF	+40,790	141,490	$14,243,798
PR	Permian Resources Corp	+17,400	47,400	$872,634
REPX	Riley Exploration Permian, Inc.	+5,000	11,340	$373,766
CVE	Cenovus Energy Inc.	+4,000	62,835	$1,558,936
GOOGL	Alphabet Inc.	+1,100	3,540	$1,265,089
IVV	iShares Core S&P 500 ETF	+65	4,459	$3,339,300
RYN	Rayonier Inc	+17	21,548	$458,541
PM	Philip Morris International Inc.	+16	1,739	$314,602
DELL	Dell Technologies Inc.	+7	2,404	$1,037,229
WY	Weyerhaeuser Co	+6	27,373	$655,309
RF	Regions Financial Corp	+6	8,899	$268,749
BAC	Bank Of America Corp	+3	122,983	$7,007,571
AVGO	Broadcom Inc.	+2	1,393	$526,205
GOOG	Alphabet Inc.	+1	1,205	$425,762
LOW	Lowes Companies Inc	+1	4,235	$933,775
MSFT	Microsoft Corp	+1	12,677	$4,728,774
DGX	Quest Diagnostics Inc	+1	4,220	$894,429
META	Meta Platforms, Inc.	+1	637	$358,815
JNJ	Johnson & Johnson	+1	18,166	$4,613,619
No positions match the current search.

Trimmed

Positions the filer reduced

24 positions

Ticker	Company	Δ Shares	Shares	Value
BTE	Baytex Energy Corp.	−107,032	32,960	$131,840
HPQ	Hp Inc	−9,000	43,970	$964,701
LEN	Lennar Corp	−1,850	64,938	$5,876,239
CRGY	Crescent Energy Co	−1,631	31,965	$313,896
VSEC	Vse Corp	−1,598	122,081	$27,895,508
HPE	Hewlett Packard Enterprise Co	−1,500	22,750	$1,026,252
HON	Honeywell International Inc	−1,450	1,450	$324,655
MDU	Mdu Resources Group Inc	−1,200	42,378	$898,837
TFC	Truist Financial Corp	−1,118	317,013	$15,793,587
LGIH	LGI Homes, Inc.	−1,000	29,110	$1,853,724
PSX	Phillips 66	−499	38,200	$6,457,710
COP	Conocophillips	−498	93,221	$9,691,255
MRK	Merck & Co., Inc.	−367	43,456	$5,584,096
LEN-B	Lennar Corp	−300	55,017	$4,880,558
KNF	Knife River Corp	−300	12,104	$1,012,499
NVDA	Nvidia Corp	−299	6,071	$1,214,746
ABT	Abbott Laboratories	−250	14,475	$1,313,461
IBM	International Business Machines Corp	−200	37,302	$10,489,695
ECG	Everus Construction Group, Inc.	−200	9,767	$1,620,833
RTX	RTX Corp	−150	12,151	$2,305,409
LH	Labcorp Holdings Inc.	−100	4,710	$1,318,800
AAPL	Apple Inc.	−100	48,980	$14,172,852
CVX	Chevron Corp	−48	43,119	$7,147,405
DE	Deere & Co	−40	25,240	$16,010,489
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
HONA	Honeywell Aerospace Inc.	1,450	$320,566
MU	Micron Technology Inc	209	$241,246
CRWD	CrowdStrike Holdings, Inc.	315	$240,389
AUB	Atlantic Union Bankshares Corp	5,473	$231,562
COHR	Coherent Corp.	530	$209,069
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

108 tracked positions · $329,513,223 total · filing declares 108 positions · $329,512,863 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 108 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
URI	United Rentals, Inc. Industrials	Held	34,030	0	$38,552,246	+55.5%	26+	before history	11.70%
VSEC	Vse Corp Industrials	Reduced	122,081	-1,598	$27,895,508	+22.3%	26+	before history	8.47%
DE	Deere & Co Industrials	Reduced	25,240	-40	$16,010,489	+12.4%	26+	before history	4.86%
TFC	Truist Financial Corp Financial Services	Reduced	317,013	-1,118	$15,793,587	+8.0%	26+	before history	4.79%
CAT	Caterpillar Inc Industrials	Held	14,327	0	$15,256,822	+50.3%	26+	before history	4.63%
SGOV	iShares 0-3 Month Treasury Bond ETF	Added	141,490	+40,790	$14,243,798	+40.5%	12	unpriced	4.32%
AAPL	Apple Inc. Technology	Reduced	48,980	-100	$14,172,852	+13.8%	26+	before history	4.30%
IBM	International Business Machines Corp Technology	Reduced	37,302	-200	$10,489,695	+15.4%	26+	before history	3.18%
COP	Conocophillips Energy	Reduced	93,221	-498	$9,691,255	−21.7%	26+	before history	2.94%
NVR	Nvr Inc Consumer Cyclical	Held	1,319	0	$8,986,874	+3.4%	26+	before history	2.73%
FANG	Diamondback Energy, Inc. Energy	Held	44,474	0	$7,817,639	−11.1%	26+	before history	2.37%
VLO	Valero Energy Corp Energy	Held	29,890	0	$7,784,551	+5.4%	26+	before history	2.36%
CVX	Chevron Corp Energy	Reduced	43,119	-48	$7,147,405	−20.0%	26+	before history	2.17%
FCX	Freeport-Mcmoran Inc Basic Materials	Held	113,360	0	$7,129,210	+7.0%	26+	before history	2.16%
BAC	Bank Of America Corp Financial Services	Added	122,983	+3	$7,007,571	+16.9%	26+	before history	2.13%
PSX	Phillips 66 Energy	Reduced	38,200	-499	$6,457,710	−8.4%	26+	before history	1.96%
LEN	Lennar Corp Consumer Cyclical	Reduced	64,938	-1,850	$5,876,239	+1.3%	26+	before history	1.78%
MRK	Merck & Co., Inc. Healthcare	Reduced	43,456	-367	$5,584,096	+5.9%	26+	before history	1.69%
CF	CF Industries Holdings, Inc. Basic Materials	Held	48,580	0	$5,259,270	−16.6%	26+	before history	1.60%
LEN-B	Lennar Corp Consumer Cyclical	Reduced	55,017	-300	$4,880,558	+4.9%	26+	before history	1.48%
MSFT	Microsoft Corp Technology	Added	12,677	+1	$4,728,774	+0.8%	26+	before history	1.44%
JNJ	Johnson & Johnson Healthcare	Added	18,166	+1	$4,613,619	+3.9%	26+	before history	1.40%
GIS	General Mills Inc Consumer Defensive	Held	102,843	0	$3,578,936	−6.5%	26+	before history	1.09%
PNC	Pnc Financial Services Group, Inc. Financial Services	Held	14,371	0	$3,538,427	+18.3%	26+	before history	1.07%
IVV	iShares Core S&P 500 ETF	Added	4,459	+65	$3,339,300	+16.3%	26+	before history	1.01%
ABBV	AbbVie Inc. Healthcare	Held	13,045	0	$3,282,643	+15.7%	26+	before history	1.00%
SU	Suncor Energy Inc Energy	Held	56,200	0	$3,016,816	−18.8%	26+	before history	0.92%
PNFP	Pinnacle Financial Partners, Inc. Financial Services	Held	24,918	0	$2,513,727	+17.1%	2	$93.04	0.76%
NOW	ServiceNow, Inc. Technology	Held	25,105	0	$2,492,424	−5.0%	10	$151.51	0.76%
RTX	RTX Corp Industrials	Reduced	12,151	-150	$2,305,409	−2.8%	25	unpriced	0.70%
NEE	Nextera Energy Inc Utilities	Held	26,110	0	$2,291,674	−5.5%	26+	before history	0.70%
CCJ	Cameco Corp Energy	Held	22,252	0	$2,266,588	−6.2%	16	$38.44	0.69%
BRK-A	Berkshire Hathaway Inc Financial Services	Held	3	0	$2,246,550	+4.3%	6	$729,330.80	0.68%
LGIH	LGI Homes, Inc. Consumer Cyclical	Reduced	29,110	-1,000	$1,853,724	+55.7%	26+	before history	0.56%
MCD	Mcdonalds Corp Consumer Cyclical	Held	6,159	0	$1,664,839	−13.0%	26+	before history	0.51%
ECG	Everus Construction Group, Inc. Industrials	Reduced	9,767	-200	$1,620,833	+37.7%	7	$62.93	0.49%
CVE	Cenovus Energy Inc. Energy	Added	62,835	+4,000	$1,558,936	−0.1%	26+	before history	0.47%
MRP	Millrose Properties, Inc. Real Estate	Held	47,306	0	$1,421,545	+7.3%	6	$23.41	0.43%
BHP	BHP Group Ltd Basic Materials	Held	16,150	0	$1,345,456	+14.5%	18	unpriced	0.41%
DAL	Delta Air Lines, Inc. Industrials	Held	14,315	0	$1,340,742	+40.9%	26+	before history	0.41%
LH	Labcorp Holdings Inc. Healthcare	Reduced	4,710	-100	$1,318,800	+2.8%	9	$203.42	0.40%
ABT	Abbott Laboratories Healthcare	Reduced	14,475	-250	$1,313,461	−13.1%	26+	before history	0.40%
WMT	Walmart Inc. Consumer Defensive	Held	11,413	0	$1,292,636	−8.9%	26+	before history	0.39%
GOOGL	Alphabet Inc. Communication Services	Added	3,540	+1,100	$1,265,089	+80.3%	4	$267.98	0.38%
NVDA	Nvidia Corp Technology	Reduced	6,071	-299	$1,214,746	+9.3%	13	$59.88	0.37%
COST	Costco Wholesale Corp Consumer Defensive	Held	1,285	0	$1,202,078	−6.1%	26+	before history	0.36%
IWM	iShares Russell 2000 ETF	Held	4,000	0	$1,201,800	+21.1%	26+	before history	0.36%
GL	Globe Life Inc. Financial Services	Held	6,050	0	$1,081,014	+28.4%	26+	before history	0.33%
ODFL	Old Dominion Freight Line, Inc. Industrials	Held	4,980	0	$1,078,668	+10.8%	26+	before history	0.33%
DELL	Dell Technologies Inc. Technology	Added	2,404	+7	$1,037,229	+163.6%	10	$94.37	0.31%

Showing the top 50 of 108 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.