STACK FINANCIAL MANAGEMENT, INC

PrivateCIK: 1308685

Location

WHITEFISH, MT

Positions

$1.36B

Total AUM (reported)

12.61M

Total Shares

Allocation by class

COM$1.04B76.2%

SHORT S&P 500 NE$145.01M10.7%

CL B NEW$57.13M4.2%

CL A$36.71M2.7%

COM NEW$24.90M1.8%

CL B$21.57M1.6%

COM SHS$19.14M1.4%

Portfolio Concentration

Top 3$341.52M25.1%

4–10$341.31M25.1%

11–25$396.37M29.1%

Rest$282.27M20.7%

Top 3 weight

25.1%

Top 10 weight

50.2%

Voting Authority Distribution

Total shares with voting rights: 12.61M

Sole

Full voting authority

12.60M

% of voting shares99.9%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

17.50K

% of voting shares0.1%

Investment Discretion (by position count)

Sole52

Shared0

Other0

Dominant voting typeSole · 99.9% of voting shares

Institutional Holdings52

Rows:

PROSHARES TR

SOLE

SHORT S&P 500 NE

Shares3.82M

TypeSH

Market value$145.01M

10.65%

Sole

3.82M

Shared

0.00

None

5.34K

WALMART INC

SOLE

COM

Shares1.01M

TypeSH

Market value$125.33M

9.21%

Sole

1.01M

Shared

0.00

None

1.42K

QUANTA SVCS INC

SOLE

COM

Shares129.66K

TypeSH

Market value$71.19M

5.23%

Sole

129.38K

Shared

0.00

None

280.00

MICROSOFT CORP

SOLE

COM

Shares185.07K

TypeSH

Market value$68.51M

5.03%

Sole

184.82K

Shared

0.00

None

252.00

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares119.23K

TypeSH

Market value$57.13M

4.20%

Sole

118.98K

Shared

0.00

None

250.00

CHEVRON CORPORATION

SOLE

COM

Shares268.45K

TypeSH

Market value$55.54M

4.08%

Sole

267.88K

Shared

0.00

None

570.00

L3HARRIS TECHNOLOGIES INC

SOLE

COM

Shares141.35K

TypeSH

Market value$48.79M

3.58%

Sole

141.06K

Shared

0.00

None

290.00

PHILLIPS 66

SOLE

COM

Shares217.28K

TypeSH

Market value$39.59M

2.91%

Sole

216.77K

Shared

0.00

None

513.00

AMERICAN ELEC PWR CO INC

SOLE

COM

Shares281.36K

TypeSH

Market value$36.88M

2.71%

Sole

280.74K

Shared

0.00

None

620.00

WHEATON PRECIOUS METALS CORP

SOLE

COM

Shares266.16K

TypeSH

Market value$34.87M

2.56%

Sole

265.79K

Shared

0.00

None

375.00

WASTE MGMT INC DEL

SOLE

COM

Shares146.17K

TypeSH

Market value$33.59M

2.47%

Sole

145.90K

Shared

0.00

None

265.00

CENTERPOINT ENERGY INC

SOLE

COM

Shares719.10K

TypeSH

Market value$31.04M

2.28%

Sole

717.53K

Shared

0.00

None

1.56K

CBOE GLOBAL MKTS INC

SOLE

COM

Shares102.78K

TypeSH

Market value$28.89M

2.12%

Sole

102.56K

Shared

0.00

None

220.00

NEXTERA ENERGY INC

SOLE

COM

Shares309.02K

TypeSH

Market value$28.70M

2.11%

Sole

308.35K

Shared

0.00

None

665.00

EOG RES INC

SOLE

COM

Shares196.55K

TypeSH

Market value$28.42M

2.09%

Sole

196.55K

Shared

0.00

None

0.00

AT&T INC

SOLE

COM

Shares950.17K

TypeSH

Market value$27.55M

2.02%

Sole

948.09K

Shared

0.00

None

2.09K

LOCKHEED MARTIN CORP

SOLE

COM

Shares42.66K

TypeSH

Market value$25.79M

1.89%

Sole

42.66K

Shared

0.00

None

0.00

MERCK & CO INC

SOLE

COM

Shares209.65K

TypeSH

Market value$25.22M

1.85%

Sole

209.65K

Shared

0.00

None

0.00

JOHNSON & JOHNSON

SOLE

COM

Shares102.34K

TypeSH

Market value$25.02M

1.84%

Sole

102.34K

Shared

0.00

None

0.00

DUKE ENERGY CORP NEW

SOLE

COM NEW

Shares190.15K

TypeSH

Market value$24.90M

1.83%

Sole

190.15K

Shared

0.00

None

0.00

COCA COLA CO

SOLE

COM

Shares317.72K

TypeSH

Market value$24.16M

1.77%

Sole

317.72K

Shared

0.00

None

0.00

STRYKER CORPORATION

SOLE

COM

Shares73.32K

TypeSH

Market value$24.09M

1.77%

Sole

73.18K

Shared

0.00

None

145.00

CONOCOPHILLIPS

SOLE

COM

Shares180.85K

TypeSH

Market value$23.87M

1.75%

Sole

180.85K

Shared

0.00

None

0.00

PACCAR INC

SOLE

COM

Shares204.18K

TypeSH

Market value$23.58M

1.73%

Sole

203.71K

Shared

0.00

None

465.00

UNITED PARCEL SVCS INC

SOLE

CL B

Shares219.21K

TypeSH

Market value$21.57M

1.58%

Sole

219.21K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
PROSHARES TRSOLE	SHORT S&P 500 NE	3.82M	SH	$145.01M 10.65%	3.82M	5.34K
WALMART INCSOLE	COM	1.01M	SH	$125.33M 9.21%	1.01M	1.42K
QUANTA SVCS INCSOLE	COM	129.66K	SH	$71.19M 5.23%	129.38K	280.00
MICROSOFT CORPSOLE	COM	185.07K	SH	$68.51M 5.03%	184.82K	252.00
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	119.23K	SH	$57.13M 4.20%	118.98K	250.00
CHEVRON CORPORATIONSOLE	COM	268.45K	SH	$55.54M 4.08%	267.88K	570.00
L3HARRIS TECHNOLOGIES INCSOLE	COM	141.35K	SH	$48.79M 3.58%	141.06K	290.00
PHILLIPS 66SOLE	COM	217.28K	SH	$39.59M 2.91%	216.77K	513.00
AMERICAN ELEC PWR CO INCSOLE	COM	281.36K	SH	$36.88M 2.71%	280.74K	620.00
WHEATON PRECIOUS METALS CORPSOLE	COM	266.16K	SH	$34.87M 2.56%	265.79K	375.00
WASTE MGMT INC DELSOLE	COM	146.17K	SH	$33.59M 2.47%	145.90K	265.00
CENTERPOINT ENERGY INCSOLE	COM	719.10K	SH	$31.04M 2.28%	717.53K	1.56K
CBOE GLOBAL MKTS INCSOLE	COM	102.78K	SH	$28.89M 2.12%	102.56K	220.00
NEXTERA ENERGY INCSOLE	COM	309.02K	SH	$28.70M 2.11%	308.35K	665.00
EOG RES INCSOLE	COM	196.55K	SH	$28.42M 2.09%	196.55K	0.00
AT&T INCSOLE	COM	950.17K	SH	$27.55M 2.02%	948.09K	2.09K
LOCKHEED MARTIN CORPSOLE	COM	42.66K	SH	$25.79M 1.89%	42.66K	0.00
MERCK & CO INCSOLE	COM	209.65K	SH	$25.22M 1.85%	209.65K	0.00
JOHNSON & JOHNSONSOLE	COM	102.34K	SH	$25.02M 1.84%	102.34K	0.00
DUKE ENERGY CORP NEWSOLE	COM NEW	190.15K	SH	$24.90M 1.83%	190.15K	0.00
COCA COLA COSOLE	COM	317.72K	SH	$24.16M 1.77%	317.72K	0.00
STRYKER CORPORATIONSOLE	COM	73.32K	SH	$24.09M 1.77%	73.18K	145.00
CONOCOPHILLIPSSOLE	COM	180.85K	SH	$23.87M 1.75%	180.85K	0.00
PACCAR INCSOLE	COM	204.18K	SH	$23.58M 1.73%	203.71K	465.00
UNITED PARCEL SVCS INCSOLE	CL B	219.21K	SH	$21.57M 1.58%	219.21K	0.00

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