# EDGAR Filing Document

**Accession Number:** 0001569148
**File Stem:** 0001085146-23-000680
**Filing Date:** 2023-2
**Character Count:** 14749
**Document Hash:** c30c33a86034903096a5e476edb9813e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-000680.hdr.sgml**: 20230206

**ACCESSION NUMBER**: 0001085146-23-000680

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230206

**DATE AS OF CHANGE**: 20230206

**EFFECTIVENESS DATE**: 20230206

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Murphy Pohlad Asset Management LLC
- **CENTRAL INDEX KEY:** 0001569148
- **IRS NUMBER:** 411962811
- **STATE OF INCORPORATION:** MN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15160
- **FILM NUMBER:** 23589670

**BUSINESS ADDRESS:**
- **STREET 1:** 6385 OLD SHADY OAK ROAD, SUITE 200
- **CITY:** EDEN PRAIRIE
- **STATE:** MN
- **ZIP:** 55344
- **BUSINESS PHONE:** 952-948-2300

**MAIL ADDRESS:**
- **STREET 1:** 6385 OLD SHADY OAK ROAD, SUITE 200
- **CITY:** EDEN PRAIRIE
- **STATE:** MN
- **ZIP:** 55344

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Murphy Pohlad Asset Management LLC<br>**Address:** 6385 OLD SHADY OAK ROAD SUITE 200<br>EDEN PRAIRIE, MN 55344

**Form 13F File Number:** 028-15160

**CRD Number (if applicable):** 000109973

**SEC File Number (if applicable):** 801-57329

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Aaron J. Banke<br>**Title:** President<br>**Phone:** 952-948-2304

**Signature, Place, and Date of Signing:**

/s/Aaron J. Banke  Eden Prairie, MN  02-06-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 116

**Form 13F Information Table Value Total:** $244369028

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 |  | 545156 | 4546 | SH |  | SOLE |  | 4546 | 0 | 0 |
| ABB LTD | SPONSORED ADR | 000375204 |  | 4830651 | 158590 | SH |  | SOLE |  | 158590 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 328876 | 2035 | SH |  | SOLE |  | 2035 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 2578704 | 49600 | SH |  | SOLE |  | 49600 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 502911 | 5700 | SH |  | SOLE |  | 5700 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 2631288 | 29655 | SH |  | SOLE |  | 29655 | 0 | 0 |
| AMCOR PLC | ORD | G0250X107 |  | 119100 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 4281348 | 67700 | SH |  | SOLE |  | 67700 | 0 | 0 |
| AMERISOURCEBERGEN CORP | COM | 03073E105 |  | 987631 | 5960 | SH |  | SOLE |  | 5960 | 0 | 0 |
| APA CORPORATION | COM | 03743Q108 |  | 4185795 | 89670 | SH |  | SOLE |  | 89670 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 3104288 | 23892 | SH |  | SOLE |  | 23892 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 544354 | 5590 | SH |  | SOLE |  | 5590 | 0 | 0 |
| AUTOLIV INC | COM | 052800109 |  | 4147955 | 54165 | SH |  | SOLE |  | 54165 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 3346246 | 101034 | SH |  | SOLE |  | 101034 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 2994806 | 65791 | SH |  | SOLE |  | 65791 | 0 | 0 |
| BARRICK GOLD CORP | COM | 067901108 |  | 1777786 | 103480 | SH |  | SOLE |  | 103480 | 0 | 0 |
| BAXTER INTL INC | COM | 071813109 |  | 1036177 | 20329 | SH |  | SOLE |  | 20329 | 0 | 0 |
| BERKLEY W R CORP | COM | 084423102 |  | 628601 | 8662 | SH |  | SOLE |  | 8662 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 468710 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 8563943 | 27724 | SH |  | SOLE |  | 27724 | 0 | 0 |
| BORGWARNER INC | COM | 099724106 |  | 370098 | 9195 | SH |  | SOLE |  | 9195 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 273625 | 3803 | SH |  | SOLE |  | 3803 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 1576018 | 69520 | SH |  | SOLE |  | 69520 | 0 | 0 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 498743 | 3975 | SH |  | SOLE |  | 3975 | 0 | 0 |
| CELCUITY INC | COM | 15102K100 |  | 156912 | 11200 | SH |  | SOLE |  | 11200 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 667968 | 7840 | SH |  | SOLE |  | 7840 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 5738654 | 31972 | SH |  | SOLE |  | 31972 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 2271618 | 47683 | SH |  | SOLE |  | 47683 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 2937417 | 64944 | SH |  | SOLE |  | 64944 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 214665 | 13325 | SH |  | SOLE |  | 13325 | 0 | 0 |
| CNX RES CORP | COM | 12653C108 |  | 1035491 | 61490 | SH |  | SOLE |  | 61490 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 919291 | 14452 | SH |  | SOLE |  | 14452 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 2027581 | 25734 | SH |  | SOLE |  | 25734 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 4599813 | 131536 | SH |  | SOLE |  | 131536 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 8350978 | 70771 | SH |  | SOLE |  | 70771 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 5414637 | 92117 | SH |  | SOLE |  | 92117 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 481607 | 1055 | SH |  | SOLE |  | 1055 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 3035893 | 12530 | SH |  | SOLE |  | 12530 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 5783785 | 94030 | SH |  | SOLE |  | 94030 | 0 | 0 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 555418 | 3117 | SH |  | SOLE |  | 3117 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 546397 | 22504 | SH |  | SOLE |  | 22504 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US TARGETED VLU | 25434V609 |  | 687189 | 15635 | SH |  | SOLE |  | 15635 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 1492511 | 17179 | SH |  | SOLE |  | 17179 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 390522 | 7750 | SH |  | SOLE |  | 7750 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 6127187 | 63785 | SH |  | SOLE |  | 63785 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 311236 | 7960 | SH |  | SOLE |  | 7960 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 219000 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 513998 | 4660 | SH |  | SOLE |  | 4660 | 0 | 0 |
| FARMLAND PARTNERS INC | COM | 31154R109 |  | 595588 | 47800 | SH |  | SOLE |  | 47800 | 0 | 0 |
| FEDERATED HERMES INC | CL B | 314211103 |  | 6176004 | 170091 | SH |  | SOLE |  | 170091 | 0 | 0 |
| FLOWSERVE CORP | COM | 34354P105 |  | 2861983 | 93285 | SH |  | SOLE |  | 93285 | 0 | 0 |
| FULLER H B CO | COM | 359694106 |  | 267142 | 3730 | SH |  | SOLE |  | 3730 | 0 | 0 |
| GANNETT CO INC | COM | 36472T109 |  | 34510 | 17000 | SH |  | SOLE |  | 17000 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 4059823 | 16363 | SH |  | SOLE |  | 16363 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 2961246 | 35316 | SH |  | SOLE |  | 35316 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 804811 | 2548 | SH |  | SOLE |  | 2548 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 1936437 | 8790 | SH |  | SOLE |  | 8790 | 0 | 0 |
| INGREDION INC | COM | 457187102 |  | 868051 | 8864 | SH |  | SOLE |  | 8864 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 4491910 | 169955 | SH |  | SOLE |  | 169955 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 3162331 | 17901 | SH |  | SOLE |  | 17901 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 461304 | 3440 | SH |  | SOLE |  | 3440 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 3333612 | 24557 | SH |  | SOLE |  | 24557 | 0 | 0 |
| KIMCO RLTY CORP | COM | 49446R109 |  | 4020112 | 189807 | SH |  | SOLE |  | 189807 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 287550 | 786 | SH |  | SOLE |  | 786 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 708329 | 1456 | SH |  | SOLE |  | 1456 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 1706490 | 8565 | SH |  | SOLE |  | 8565 | 0 | 0 |
| MACERICH CO | COM | 554382101 |  | 804977 | 71490 | SH |  | SOLE |  | 71490 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 835674 | 5050 | SH |  | SOLE |  | 5050 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 5366721 | 69052 | SH |  | SOLE |  | 69052 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 3287559 | 29631 | SH |  | SOLE |  | 29631 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 5294266 | 22076 | SH |  | SOLE |  | 22076 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 456840 | 2910 | SH |  | SOLE |  | 2910 | 0 | 0 |
| MODERNA INC | COM | 60770K107 |  | 397858 | 2215 | SH |  | SOLE |  | 2215 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 1371257 | 20574 | SH |  | SOLE |  | 20574 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 1705446 | 38875 | SH |  | SOLE |  | 38875 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 222359 | 4711 | SH |  | SOLE |  | 4711 | 0 | 0 |
| NOKIA CORP | SPONSORED ADR | 654902204 |  | 2349672 | 506395 | SH |  | SOLE |  | 506395 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 2653943 | 10770 | SH |  | SOLE |  | 10770 | 0 | 0 |
| ORASURE TECHNOLOGIES INC | COM | 68554V108 |  | 483205 | 100250 | SH |  | SOLE |  | 100250 | 0 | 0 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 2256436 | 80789 | SH |  | SOLE |  | 80789 | 0 | 0 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 |  | 273456 | 16200 | SH |  | SOLE |  | 16200 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 3363347 | 18617 | SH |  | SOLE |  | 18617 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 5679940 | 110849 | SH |  | SOLE |  | 110849 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 271128 | 2605 | SH |  | SOLE |  | 2605 | 0 | 0 |
| PIONEER NAT RES CO | COM | 723787107 |  | 1377420 | 6031 | SH |  | SOLE |  | 6031 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 3691057 | 23370 | SH |  | SOLE |  | 23370 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 6071361 | 40059 | SH |  | SOLE |  | 40059 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 2463888 | 3415 | SH |  | SOLE |  | 3415 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 231400 | 3250 | SH |  | SOLE |  | 3250 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 5285750 | 98873 | SH |  | SOLE |  | 98873 | 0 | 0 |
| SIGNET JEWELERS LIMITED | SHS | G81276100 |  | 1297100 | 19075 | SH |  | SOLE |  | 19075 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 407655 | 3470 | SH |  | SOLE |  | 3470 | 0 | 0 |
| SURMODICS INC | COM | 868873100 |  | 1304680 | 38238 | SH |  | SOLE |  | 38238 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 4917127 | 32992 | SH |  | SOLE |  | 32992 | 0 | 0 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 450092 | 192 | SH |  | SOLE |  | 192 | 0 | 0 |
| THOR INDS INC | COM | 885160101 |  | 1082526 | 14340 | SH |  | SOLE |  | 14340 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 573120 | 7200 | SH |  | SOLE |  | 7200 | 0 | 0 |
| TORO CO | COM | 891092108 |  | 1345268 | 11884 | SH |  | SOLE |  | 11884 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 432831 | 2575 | SH |  | SOLE |  | 2575 | 0 | 0 |
| TRANSOCEAN LTD | REG SHS | H8817H100 |  | 451440 | 99000 | SH |  | SOLE |  | 99000 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 6987752 | 37270 | SH |  | SOLE |  | 37270 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 769448 | 15282 | SH |  | SOLE |  | 15282 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 2550274 | 12316 | SH |  | SOLE |  | 12316 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 5519246 | 31749 | SH |  | SOLE |  | 31749 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 4255754 | 8027 | SH |  | SOLE |  | 8027 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 571203 | 13098 | SH |  | SOLE |  | 13098 | 0 | 0 |
| VANGUARD BD INDEX FDS | VANGUARD ULTRA | 92203C303 |  | 230055 | 4695 | SH |  | SOLE |  | 4695 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 3638185 | 92339 | SH |  | SOLE |  | 92339 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 1243564 | 33286 | SH |  | SOLE |  | 33286 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 954246 | 6730 | SH |  | SOLE |  | 6730 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 827727 | 87313 | SH |  | SOLE |  | 87313 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 632356 | 15315 | SH |  | SOLE |  | 15315 | 0 | 0 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 639530 | 20630 | SH |  | SOLE |  | 20630 | 0 | 0 |
| WHITESTONE REIT | COM | 966084204 |  | 147492 | 15300 | SH |  | SOLE |  | 15300 | 0 | 0 |
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 |  | 3169756 | 12960 | SH |  | SOLE |  | 12960 | 0 | 0 |
| WINMARK CORP | COM | 974250102 |  | 235830 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |

---