F&V Capital Management

Lawrence F. Van Duyne serves as the firm's Founder and Chief Investment Officer. His role as the sole portfolio manager is reflected in the fund's concentrated and conviction-weighted approach. There is no public record of a broader investment committee or co-portfolio manager.

The firm runs a highly concentrated, long-only equity strategy focused on US large-cap companies. Regulatory filings historically show a portfolio of fewer than ten holdings, with a single position — most notably Apple Inc. — often dominating the reported asset base. Turnover is extremely low, indicating a buy-and-hold philosophy.

No. The firm's public filings exclusively show long positions in publicly traded US equities. There is no record of private company investments, venture capital allocations, real estate, or private credit activity.

The firm has not publicly disclosed its total AUM. Its 13F filings — which report only long US equity holdings and exclude cash, international stocks, short positions, and fixed income — capture only a subset of its total managed capital. An aggregate AUM figure has not been published.

The firm's core structural distinction is its founder-operated independence and its willingness to concentrate more than 90% of its reported equity book in a single security for extended periods. This posture mirrors the governance and patience of a single-family office rather than a typical asset manager managing institutional capital.

The nature of F&V Capital Management's client base has not been publicly profiled. The firm's concentrated, high-conviction approach and lack of public marketing suggest that it may manage capital for a small number of separate accounts or a single proprietary pool rather than a broad institutional base.