# BOYD WATTERSON ASSET MANAGEMENT LLC/OH

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1121477. Source: https://holderbook.com/funds/1121477-boyd-watterson-asset-management-llc-oh/

- Reported value: $371.2M
- Positions: 394
- Weight of the ten largest: 39.1%
- Filed: 2026-08-07

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $26.3M | 35,240 | 7.1% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $19.9M | 55,659 | 5.4% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $18.5M | 49,544 | 5.0% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $17.0M | 44,995 | 4.6% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $11.9M | 36,309 | 3.2% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $11.3M | 9,380 | 3.0% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $10.9M | 10,281 | 2.9% | 31 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $10.7M | 25,202 | 2.9% | 31 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $9.8M | 13,936 | 2.6% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $8.9M | 26,176 | 2.4% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $8.5M | 35,608 | 2.3% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $7.4M | 25,491 | 2.0% | 31 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $6.7M | 8,807 | 1.8% | 26 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $6.3M | 46,198 | 1.7% | 31 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $6.2M | 44,384 | 1.7% | 15 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $6.1M | 10,570 | 1.7% | 12 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $5.9M | 23,588 | 1.6% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $5.8M | 16,380 | 1.6% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $5.5M | 21,610 | 1.5% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $5.5M | 7,945 | 1.5% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $5.2M | 15,177 | 1.4% | 31 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $5.1M | 5,197 | 1.4% | 25 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $4.8M | 70,575 | 1.3% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $4.8M | 24,000 | 1.3% | 20 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $4.6M | 35,559 | 1.2% | 31 |
| ISHARES TR | [IOO](https://holderbook.com/stocks/IOO/) | $4.3M | 31,630 | 1.2% | 31 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $4.2M | 18,679 | 1.1% | 1 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $4.1M | 18,679 | 1.1% | 1 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $3.8M | 20,712 | 1.0% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $3.8M | 3,770 | 1.0% | 24 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $3.5M | 23,850 | 1.0% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $3.2M | 6,235 | 0.9% | 14 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $3.2M | 27,753 | 0.9% | 15 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $3.1M | 23,075 | 0.8% | 31 |
| EXPEDIA GROUP INC | [EXPE](https://holderbook.com/stocks/EXPE/) | $2.9M | 11,444 | 0.8% | 15 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $2.9M | 17,349 | 0.8% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $2.9M | 9,600 | 0.8% | 25 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $2.6M | 25,045 | 0.7% | 31 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $2.6M | 18,097 | 0.7% | 26 |
| ZEBRA TECHNOLOGIES CORPORATI | [ZBRA](https://holderbook.com/stocks/ZBRA/) | $2.6M | 9,709 | 0.7% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $2.5M | 8,980 | 0.7% | 31 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $2.5M | 42,665 | 0.7% | 24 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $2.3M | 72,963 | 0.6% | 31 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $1.9M | 21,093 | 0.5% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $1.9M | 3,790 | 0.5% | 31 |
| ISHARES TR | [USHY](https://holderbook.com/stocks/USHY/) | $1.9M | 51,012 | 0.5% | 23 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $1.9M | 11,152 | 0.5% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.8M | 21,856 | 0.5% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $1.7M | 19,114 | 0.5% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $1.7M | 4,112 | 0.5% | 15 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $1.6M | 2,305 | 0.4% | 24 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $1.6M | 3,160 | 0.4% | 26 |
| PPG INDS INC | [PPG](https://holderbook.com/stocks/PPG/) | $1.5M | 12,628 | 0.4% | 15 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.5M | 4,331 | 0.4% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.5M | 10,108 | 0.4% | 31 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $1.5M | 16,752 | 0.4% | 30 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $1.4M | 9,519 | 0.4% | 15 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $1.4M | 7,950 | 0.4% | 24 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $1.4M | 12,899 | 0.4% | 15 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $1.4M | 15,028 | 0.4% | 17 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $1.3M | 14,110 | 0.4% | 31 |
| MASCO CORP | [MAS](https://holderbook.com/stocks/MAS/) | $1.3M | 16,196 | 0.4% | 5 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $1.3M | 10,088 | 0.4% | 31 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $1.3M | 2,000 | 0.3% | 1 |
| WATERS CORP | [WAT](https://holderbook.com/stocks/WAT/) | $1.2M | 3,181 | 0.3% | 15 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $1.2M | 3,538 | 0.3% | 24 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $1.1M | 7,274 | 0.3% | 31 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.1M | 2,695 | 0.3% | 15 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $1.1M | 2,585 | 0.3% | 8 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $1.1M | 4,003 | 0.3% | 24 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.1M | 2,125 | 0.3% | 15 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.0M | 9,251 | 0.3% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $1.0M | 8,834 | 0.3% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.0M | 1,100 | 0.3% | 1 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $1.0M | 863 | 0.3% | 9 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $934.5K | 9,882 | 0.3% | 30 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $929.6K | 13,020 | 0.3% | 15 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $914.3K | 10,614 | 0.2% | 31 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $898.8K | 4,152 | 0.2% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $836.6K | 4,410 | 0.2% | 25 |
| DNP SELECT INCOME FD INC | [DNP](https://holderbook.com/stocks/DNP/) | $805.6K | 74,666 | 0.2% | 25 |
| SYNCHRONY FINANCIAL | [SYF](https://holderbook.com/stocks/SYF/) | $790.9K | 10,400 | 0.2% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $762.1K | 1,353 | 0.2% | 31 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $757.6K | 24,846 | 0.2% | 24 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $757.5K | 5,000 | 0.2% | 7 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $755.4K | 9,797 | 0.2% | 31 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $745.4K | 2,542 | 0.2% | 24 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $729.9K | 12,085 | 0.2% | 31 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $716.2K | 9,764 | 0.2% | 23 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $672.2K | 1,078 | 0.2% | 23 |
| SOLSTICE ADVANCED MATLS INC | [SOLS](https://holderbook.com/stocks/SOLS/) | $668.4K | 7,544 | 0.2% | 3 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $654.7K | 12,313 | 0.2% | 31 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $604.8K | 3,175 | 0.2% | 24 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $604.0K | 1,176 | 0.2% | 31 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $560.5K | 1,073 | 0.2% | 15 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $553.9K | 3,323 | 0.1% | 25 |
| PAYLOCITY HLDG CORP | [PCTY](https://holderbook.com/stocks/PCTY/) | $538.3K | 5,150 | 0.1% | 2 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $506.0K | 6,526 | 0.1% | 18 |
| OCCIDENTAL PETE CORP | [OXY](https://holderbook.com/stocks/OXY/) | $485.7K | 10,000 | 0.1% | 15 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $473.3K | 8,307 | 0.1% | 31 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +13.6% | +14.8% | -1.2% | 100% |
| Q1 2026 | -3.9% | -4.6% | +0.8% | 100% |
| Q4 2025 | +4.0% | +2.4% | +1.6% | 100% |
| Q3 2025 | +7.4% | +7.8% | -0.4% | 99% |
| Q2 2025 | +10.0% | +10.5% | -0.5% | 99% |
| Q1 2025 | -3.7% | -4.6% | +0.9% | 99% |
| Q4 2024 | +1.0% | +2.1% | -1.1% | 99% |
| Q3 2024 | +4.1% | +5.4% | -1.3% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $371.2M | 394 |
| Q1 2026 | $325.6M | 390 |
| Q4 2025 | $346.4M | 421 |
| Q3 2025 | $335.8M | 418 |
| Q2 2025 | $317.7M | 425 |
| Q1 2025 | $312.8M | 429 |
| Q4 2024 | $359.7M | 434 |
| Q3 2024 | $365.0M | 438 |
| Q2 2024 | $350.1M | 441 |
| Q1 2024 | $279.0M | 440 |
| Q4 2023 | $253.1M | 423 |
| Q3 2023 | $228.8M | 421 |