Q3 2026 13F · SEC CIK 1569453

F&V Capital Management, LLC

Hedge fundFiled 2026-10-19 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $561.4M
Reported positions: 60
Top holdings a year, 3 yrs: +18.4%
Average holding period: 6.1 yrs

F&V Capital Management, LLC is a hedge fund that reported 60 positions worth $561.4M in its Q3 2026 13F, filed 2026-10-19. Its largest holdings were Phillips 66 (PSX, 6.2%), United Rentals Inc (URI, 5.2%), Rtx Corporation (RTX, 4.9%). A portfolio copying its top holdings returned 18.4% a year over the last 3 years, against 20.4% for the S&P 500.

F&V Capital Management, LLC holdings largest 50 of 60 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

F&V Capital Management, LLC 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
PSXPhillips 66	6.2%	4.4%	136,962	-2.6%	$35.0M
URIUnited Rentals Inc	5.2%	6.1%	28,968	-0.0%	$29.0M
RTXRtx Corporation	4.9%	5.2%	148,007	-1.0%	$27.5M
CVXChevron Corporation	4.5%	3.8%	123,136	-0.6%	$25.1M
CSCOCisco Sys Inc	4.5%	5.0%	232,395	+0.8%	$25.0M
METAMeta Platforms Inc	3.9%	3.1%	30,366	+0.5%	$22.0M
GOOGLAlphabet Inc	3.9%	4.2%	63,877	+1.4%	$22.0M
AMATApplied Matls Inc	3.9%	5.6%	42,298	+0.3%	$21.6M
FOXFox Corp	3.8%	3.2%	375,010	+0.5%	$21.1M
CRMSalesforce Inc	3.5%	2.5%	85,805	+1.1%	$19.7M
ALLAllstate Corp	3.5%	3.9%	88,496	+0.2%	$19.6M
QRVOQorvo Inc	3.3%	2.8%	160,029	-0.2%	$18.3M
FDXFedex Corp	3.2%	3.7%	62,950	-0.7%	$17.9M
BMYBristol-Myers Squibb Co	3.2%	3.0%	284,421	+0.6%	$17.7M
BABoeing Co	3.0%	3.5%	91,055	+3.3%	$16.9M
VMIValmont Inds Inc Com	3.0%	3.8%	35,920	+2.0%	$16.6M
DVNDevon Energy Corp New	2.8%	1.5%	346,685	+75.9%	$16.0M
MDTMedtronic PLC	2.7%	2.6%	178,452	-0.2%	$15.4M
AEPAmerican Elec Pwr Co Inc	2.7%	3.3%	128,953	-1.3%	$15.3M
ORCLOracle Corp	2.6%	2.0%	106,717	+42.7%	$14.7M
ONOn Semiconductor Corp	2.3%	2.9%	168,615	+1.9%	$13.0M
MLIMueller Industries, Inc.	2.3%	1.2%	212,957	+101.4%	$12.9M
CAGConagra Brands Inc	2.2%	2.2%	907,074	+1.8%	$12.2M
PYPLPaypal Hldgs Inc	2.1%	1.8%	229,362	+1.6%	$12.0M
CVSCvs Health Corp	2.1%	2.7%	140,062	-0.4%	$12.0M
LEALear Corp	1.9%	2.2%	89,537	+2.7%	$10.6M
VZVerizon Communications Inc	1.9%	1.8%	230,160	-0.3%	$10.6M
DHID R Horton Inc	1.6%	2.0%	66,132	+1.5%	$9.0M
NEMNewmont Corp	1.6%	1.3%	76,330	+0.6%	$8.8M
AXGNAxogen Inc	1.4%	1.6%	188,610	+2.3%	$7.9M
SPYState Str Spdr S&p 500 ETF T	0.8%	0.8%	6,113	-0.6%	$4.7M
FDXFFedex Fght Hldg Co Inc	0.6%	0.9%	31,786	+0.3%	$3.5M
QQQInvesco Qqq Tr	0.5%	0.5%	3,582	-0.5%	$2.6M
USFRWisdomtree Tr	0.5%	0.8%	50,408	-38.8%	$2.5M
GLDSpdr Gold Tr	0.4%	0.4%	6,530	+0.0%	$2.5M
IVVIshares Tr	0.4%	0.4%	3,194	+0.0%	$2.4M
VGKVanguard Ftse Europe ETF	0.4%	0.4%	24,212	+0.0%	$2.1M
DESWisdomtree Tr	0.3%	0.3%	44,069	+9.9%	$1.7M
IDEVIshares Tr	0.3%	0.3%	17,820	-0.6%	$1.6M
VTVanguard Intl Equity Index F	0.3%	0.3%	10,050	+0.0%	$1.6M
VTIVanguard Index Fds	0.3%	0.3%	3,885	+0.3%	$1.5M
VWOVanguard Intl Equity Index F	0.3%	0.3%	23,658	+0.0%	$1.4M
AVEMAmerican Centy ETF Tr	0.2%	0.2%	9,975	+0.0%	$938K
EMXCIshares Inc	0.1%	0.2%	7,605	-6.7%	$754K
EWJIshares Inc	0.1%	0.1%	7,485	-0.3%	$729K
AAPLApple Inc	0.1%	0.1%	2,039	-6.9%	$679K
EWGIshares Inc	0.1%	0.1%	15,630	+0.0%	$646K
IJRIshares Tr	0.1%	0.1%	3,880	+0.0%	$528K
VGTVanguard World Fd	0.1%	—	4,205	—	$528K
VPLVanguard Intl Equity Index F	0.1%	—	3,630	—	$420K

What F&V Capital Management, LLC bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +30.6% /yr; S&P 500 +20.1%
3 years: +18.4% /yr; S&P 500 +20.4%
5 years: +10.3% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$561.4M	60
Q2 2026	$542.3M	63
Q1 2026	$473.3M	59
Q4 2025	$470.3M	60
Q3 2025	$445.3M	54
Q2 2025	$391.3M	54
Q1 2025	$385.3M	55
Q4 2024	$380.0M	56
Q3 2024	$389.1M	53
Q2 2024	$343.0M	52
Q1 2024	$339.4M	56
Q4 2023	$311.6M	55

Questions about F&V Capital Management, LLC's portfolio

What stocks does F&V Capital Management, LLC own?

F&V Capital Management, LLC's latest 13F, for Q3 2026 and filed Oct 19, 2026, lists 60 positions worth $561.4M. The largest are Phillips 66 (PSX) at 6.2%, United Rentals Inc (URI) at 5.2%, Rtx Corporation (RTX) at 4.9%, Chevron Corporation (CVX) at 4.5% and Cisco Sys Inc (CSCO) at 4.5%.

What did F&V Capital Management, LLC buy last quarter?

In Q3 2026, F&V Capital Management, LLC added Mueller Industries, Inc. (MLI) (+101.4% shares), Devon Energy Corp New (DVN) (+75.9% shares) and Oracle Corp (ORCL) (+42.7% shares), compared with its Q2 2026 filing.

What did F&V Capital Management, LLC sell last quarter?

In Q3 2026, F&V Capital Management, LLC cut from its top 50 Proshares Tr (PSQ), cut from its top 50 Gilead Sciences Inc (GILD), Wisdomtree Tr (USFR) (-38.8% shares), Apple Inc (AAPL) (-6.9% shares) and Ishares Inc (EMXC) (-6.7% shares), compared with its Q2 2026 filing.

How has F&V Capital Management, LLC's portfolio performed?

A portfolio copying F&V Capital Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +18.4% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +30.6% against +20.1%. Over 5 years: +10.3% a year against +11.6%.

When is F&V Capital Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. F&V Capital Management, LLC's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.