Focused Investors LLC Top Holdings and 13F Report (2024)

About Focused Investors LLC

Investment Activity

Focused Investors LLC has $3.08 billion in total holdings as of June 30, 2024.
Focused Investors LLC owns shares of 23 different stocks, but just 16 companies or ETFs make up 80% of its holdings.
Approximately 1.67% of the portfolio was purchased this quarter.
About 3.87% of the portfolio was sold this quarter.
This quarter, Focused Investors LLC has purchased 23 new stocks and bought additional shares in 3 stocks.
Focused Investors LLC sold shares of 20 stocks and completely divested from 0 stocks this quarter.

Largest Holdings

Elevance Health: $253,644,666
UnitedHealth Group: $212,488,735
Microsoft: $189,350,367
Fiserv: $188,163,000
The Cigna Group: $181,780,443

Largest Purchases this Quarter

UnitedHealth Group: 40,600 shares (about $20.68M)
Fiserv: 126,500 shares (about $18.85M)
Walt Disney: 118,650 shares (about $11.78M)

Largest Sales this Quarter

Oracle: 205,050 shares (about $28.95M)
Microsoft: 58,500 shares (about $26.15M)
Elevance Health: 13,800 shares (about $7.48M)
The Cigna Group: 16,000 shares (about $5.29M)
Johnson & Johnson: 34,200 shares (about $5.00M)

Sector Allocation Over Time

Selling

Neutral

Buying

Latest 13F Holdings and Changes Since Previous Quarterly Filing

Issuer Name	Holdings Value	Approximate Purchase/Sale	Change in Shares	Shares Held	% of Portfolio	Sector
ELV Elevance Health	$253,644,666	$7,477,668 ▼	-2.9%	468,100	8.2%	Medical
UNH UnitedHealth Group	$212,488,735	$20,675,956 ▲	10.8%	417,250	6.9%	Medical
MSFT Microsoft	$189,350,367	$26,146,575 ▼	-12.1%	423,650	6.2%	Computer and Technology
FI Fiserv	$188,163,000	$18,853,560 ▲	11.1%	1,262,500	6.1%	Business Services
CI The Cigna Group	$181,780,443	$5,289,120 ▼	-2.8%	549,900	5.9%	Medical
JNJ Johnson & Johnson	$174,244,644	$4,998,672 ▼	-2.8%	1,192,150	5.7%	Medical
MS Morgan Stanley	$160,334,343	$4,519,335 ▼	-2.7%	1,649,700	5.2%	Finance
ORCL Oracle	$155,983,640	$28,953,060 ▼	-15.7%	1,104,700	5.1%	Computer and Technology
GS The Goldman Sachs Group	$153,969,728	$4,477,968 ▼	-2.8%	340,400	5.0%	Finance
FDX FedEx	$152,348,704	$4,347,680 ▼	-2.8%	508,100	4.9%	Transportation
MCD McDonald's	$112,511,860	$3,261,952 ▼	-2.8%	441,500	3.7%	Retail/Wholesale
DIS Walt Disney	$109,685,663	$11,780,759 ▲	12.0%	1,104,700	3.6%	Consumer Discretionary
TJX TJX Companies	$108,910,920	$3,060,780 ▼	-2.7%	989,200	3.5%	Retail/Wholesale
AXP American Express	$106,235,140	$2,963,840 ▼	-2.7%	458,800	3.5%	Finance
LHX L3Harris Technologies	$103,946,853	$3,413,616 ▼	-3.2%	462,850	3.4%	Aerospace
LOW Lowe's Companies	$103,307,556	$3,020,302 ▼	-2.8%	468,600	3.4%	Retail/Wholesale
TGT Target	$101,955,148	$2,916,388 ▼	-2.8%	688,700	3.3%	Retail/Wholesale
LMT Lockheed Martin	$96,456,150	$2,755,890 ▼	-2.8%	206,500	3.1%	Aerospace
NOC Northrop Grumman	$96,039,785	$2,659,295 ▼	-2.7%	220,300	3.1%	Aerospace
PEP PepsiCo	$92,905,069	$2,589,401 ▼	-2.7%	563,300	3.0%	Consumer Staples
RTX RTX	$80,718,579	$2,238,697 ▼	-2.7%	804,050	2.6%	Aerospace
HD Home Depot	$78,572,780	$2,271,984 ▼	-2.8%	228,250	2.6%	Retail/Wholesale
KO Coca-Cola	$65,238,067	$1,852,215 ▼	-2.8%	1,024,950	2.1%	Consumer Staples