# Vigilant Capital Management, LLC

> Institutional holdings reported to the SEC as of Q2 2023 on Form 13F. CIK 1425845. Source: https://holderbook.com/funds/1425845-vigilant-capital-management-llc/

- Reported value: $1.3B
- Positions: 454
- Weight of the ten largest: 33.7%
- Filed: 2023-08-08

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 |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $58.6M | 302,295 | 4.4% | 19 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $55.7M | 163,474 | 4.2% | 19 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $46.1M | 316,682 | 3.4% | 19 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $45.5M | 147,494 | 3.4% | 19 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $43.4M | 182,632 | 3.2% | 19 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $42.5M | 389,496 | 3.2% | 19 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $42.0M | 87,318 | 3.1% | 19 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $40.8M | 131,261 | 3.0% | 19 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $40.7M | 106,883 | 3.0% | 2 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $35.8M | 274,308 | 2.7% | 19 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $33.7M | 164,531 | 2.5% | 19 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $31.7M | 168,680 | 2.4% | 19 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $31.2M | 231,517 | 2.3% | 19 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $30.9M | 42,596 | 2.3% | 11 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $30.8M | 846,589 | 2.3% | 9 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $30.2M | 162,900 | 2.3% | 19 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $30.0M | 418,805 | 2.2% | 19 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $29.6M | 170,723 | 2.2% | 19 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $28.8M | 285,374 | 2.2% | 19 |
| NXP SEMICONDUCTORS N V | [NXPI](https://holderbook.com/stocks/NXPI/) | $28.4M | 138,695 | 2.1% | 19 |
| CONSTELLATION BRANDS INC | [STZ](https://holderbook.com/stocks/STZ/) | $28.0M | 113,592 | 2.1% | 19 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $27.3M | 473,840 | 2.0% | 19 |
| VERISK ANALYTICS INC | [VRSK](https://holderbook.com/stocks/VRSK/) | $27.2M | 120,462 | 2.0% | 16 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $26.9M | 101,356 | 2.0% | 19 |
| IQVIA HLDGS INC | [IQV](https://holderbook.com/stocks/IQV/) | $26.7M | 118,727 | 2.0% | 8 |
| ALLEGION PLC | [ALLE](https://holderbook.com/stocks/ALLE/) | $26.2M | 218,622 | 2.0% | 19 |
| HOULIHAN LOKEY INC | [HLI](https://holderbook.com/stocks/HLI/) | $26.2M | 266,093 | 2.0% | 8 |
| CHURCH & DWIGHT CO INC | [CHD](https://holderbook.com/stocks/CHD/) | $26.1M | 260,823 | 2.0% | 19 |
| AMERICAN WTR WKS CO INC NEW | [AWK](https://holderbook.com/stocks/AWK/) | $24.5M | 171,463 | 1.8% | 19 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $22.7M | 116,008 | 1.7% | 15 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $21.9M | 211,395 | 1.6% | 19 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $21.9M | 198,450 | 1.6% | 19 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $18.7M | 163,915 | 1.4% | 19 |
| ALEXANDRIA REAL ESTATE EQ IN | [ARE](https://holderbook.com/stocks/ARE/) | $18.4M | 162,118 | 1.4% | 11 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $17.2M | 344,518 | 1.3% | 7 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $16.7M | 48,794 | 1.2% | 14 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $15.3M | 27,219 | 1.1% | 5 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $15.0M | 125,239 | 1.1% | 19 |
| BROADRIDGE FINL SOLUTIONS IN | [BR](https://holderbook.com/stocks/BR/) | $14.9M | 89,928 | 1.1% | 15 |
| Lonza Group Ltd | [LZAGY](https://holderbook.com/stocks/LZAGY/) | $14.4M | 240,842 | 1.1% | 15 |
| BAKER HUGHES COMPANY | [BKR](https://holderbook.com/stocks/BKR/) | $14.0M | 441,621 | 1.0% | 9 |
| Adyen NV ADR | [ADYEY](https://holderbook.com/stocks/ADYEY/) | $13.7M | 792,905 | 1.0% | 11 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $13.2M | 68,911 | 1.0% | 12 |
| HYATT HOTELS CORP | [H](https://holderbook.com/stocks/H/) | $13.1M | 114,435 | 1.0% | 2 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $9.0M | 50,423 | 0.7% | 19 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $3.1M | 83,759 | 0.2% | 19 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $2.8M | 18,257 | 0.2% | 19 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.6M | 15,880 | 0.2% | 19 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $2.2M | 13,829 | 0.2% | 19 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $1.9M | 5,904 | 0.1% | 7 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.9M | 3,976 | 0.1% | 19 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $1.7M | 22,676 | 0.1% | 19 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $1.6M | 6,442 | 0.1% | 19 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.4M | 4,220 | 0.1% | 19 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $1.3M | 1,408 | 0.1% | 18 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.3M | 10,628 | 0.1% | 19 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.2M | 11,372 | 0.1% | 19 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $1.1M | 4,050 | 0.1% | 10 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $976.0K | 4,323 | 0.1% | 19 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $917.0K | 4,129 | 0.1% | 19 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $871.0K | 25,553 | 0.1% | 19 |
| ISHARES TR | [ICLN](https://holderbook.com/stocks/ICLN/) | $860.0K | 46,717 | 0.1% | 19 |
| SCHWAB STRATEGIC TR | [FNDB](https://holderbook.com/stocks/FNDB/) | $821.0K | 14,471 | 0.1% | 10 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $794.0K | 1,790 | 0.1% | 10 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $793.0K | 13,000 | 0.1% | 10 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $788.0K | 5,889 | 0.1% | 19 |
| HUMANA INC | [HUM](https://holderbook.com/stocks/HUM/) | $782.0K | 1,750 | 0.1% | 19 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $775.0K | 6,719 | 0.1% | 19 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $774.0K | 6,497 | 0.1% | 16 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $730.0K | 25,452 | 0.1% | 19 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $709.0K | 8,361 | 0.1% | 19 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $702.0K | 1,465 | 0.1% | 10 |
| AON PLC | [AON](https://holderbook.com/stocks/AON/) | $692.0K | 2,005 | 0.1% | 13 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $687.0K | 10,749 | 0.1% | 19 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $661.0K | 8,913 | 0.0% | 19 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $659.0K | 10,946 | 0.0% | 19 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $651.0K | 7,297 | 0.0% | 19 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $629.0K | 2,565 | 0.0% | 19 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $621.0K | 3,224 | 0.0% | 19 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $609.0K | 4,284 | 0.0% | 10 |
| NESTLE SA ADR | [NSRGY](https://holderbook.com/stocks/NSRGY/) | $602.0K | 5,001 | 0.0% | 19 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $597.0K | 2,263 | 0.0% | 19 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $591.0K | 11,431 | 0.0% | 10 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $575.0K | 3,207 | 0.0% | 19 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $572.0K | 1,664 | 0.0% | 10 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $557.0K | 3,540 | 0.0% | 19 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $550.0K | 5,619 | 0.0% | 13 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $545.0K | 1,828 | 0.0% | 19 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $517.0K | 9,991 | 0.0% | 19 |
| ISHARES TR | [ILCB](https://holderbook.com/stocks/ILCB/) | $512.0K | 8,384 | 0.0% | 11 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $509.0K | 2,313 | 0.0% | 10 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $507.0K | 2,814 | 0.0% | 19 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $490.0K | 1,247 | 0.0% | 19 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $489.0K | 6,699 | 0.0% | 19 |
| UNILEVER PLC | [ULXXXX](https://holderbook.com/stocks/ULXXXX/) | $479.0K | 9,185 | 0.0% | 13 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $465.0K | 6,267 | 0.0% | 19 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $453.0K | 2,600 | 0.0% | 19 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $451.0K | 2,172 | 0.0% | 19 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $449.0K | 834 | 0.0% | 19 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $415.0K | 1,064 | 0.0% | 19 |

## 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 2023 | +6.6% | +8.3% | -1.7% | 100% |
| Q1 2023 | +1.9% | +7.0% | -5.1% | 100% |
| Q4 2022 | +9.4% | +7.1% | +2.4% | 100% |
| Q3 2022 | -8.4% | -5.3% | -3.1% | 100% |
| Q2 2022 | -13.9% | -16.5% | +2.6% | 100% |
| Q1 2022 | -7.5% | -4.9% | -2.6% | 100% |
| Q4 2021 | +11.0% | +10.7% | +0.4% | 100% |
| Q3 2021 | -0.7% | +0.3% | -0.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2023 | $1.3B | 454 |
| Q1 2023 | $1.2B | 438 |
| Q4 2022 | $1.2B | 498 |
| Q3 2022 | $1.1B | 568 |
| Q2 2022 | $1.2B | 575 |
| Q1 2022 | $1.3B | 563 |
| Q4 2021 | $1.4B | 626 |
| Q3 2021 | $1.2B | 786 |
| Q2 2021 | $1.2B | 438 |
| Q1 2021 | $1.1B | 356 |
| Q4 2020 | $1.0B | 329 |
| Q3 2020 | $913.7M | 348 |