Martin Capital Partners, LLC
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| AMGEN INC | AMGN | $11.0M | 30,426 | +0.08pp | 31q | HELD | |
| CULLEN FROST BANKERS INC | CFR | $10.8M | 69,851 | +0.41pp | 25q | HELD | |
| JOHNSON & JOHNSON | JNJ | $10.6M | 41,803 | +0.09pp | 31q | HELD | |
| ASML HLDG NV | ASML | $10.3M | 5,180 | +0.57pp | 7q | -21.0%-$2.7M | |
| CISCO SYS INC | CSCO | $10.1M | 85,898 | +0.37pp | 31q | -25.9%-$3.5M | |
| BLACK HILLS CORP | BKH | $9.2M | 123,104 | +0.19pp | 13q | HELD | |
| CME GROUP INC | CME | $8.9M | 40,121 | -0.21pp | 8q | +27.1%+$1.9M | |
| TEXAS INSTRS INC | TXN | $8.3M | 27,962 | +0.34pp | 31q | -26.1%-$2.9M | |
| CHEVRON CORPORATION | CVX | $8.2M | 49,606 | -0.80pp | 31q | HELD | |
| JPMORGAN CHASE & CO | JPM | $7.8M | 23,678 | +0.29pp | 31q | +1.0%+$75.6K | |
| MICROSOFT CORP | MSFT | $7.6M | 20,412 | +0.04pp | 31q | +1.6%+$123.5K | |
| GENERAL DYNAMICS CORP | GD | $7.5M | 21,140 | +0.04pp | 22q | -0.7%-$51.4K | |
| PROCTER & GAMBLE CO | PG | $7.4M | 50,645 | +0.77pp | 31q | +38.4%+$2.1M | |
| UNION PAC CORP | UNP | $7.0M | 25,812 | +0.24pp | 13q | HELD | |
| REINSURANCE GROUP AMER INC | RGA | $6.9M | 32,560 | +0.37pp | 7q | +13.3%+$812.1K | |
| REALTY INCOME CORP | O | $6.7M | 107,456 | flat | 10q | HELD | |
| UNILEVER PLC | UL | $6.4M | 106,785 | +0.13pp | 3q | +1.3%+$83.8K | |
| PRICE T ROWE GROUP INC | TROW | $6.4M | 56,087 | +0.50pp | 14q | +1.8%+$111.8K | |
| COCA-COLA FEMSA SAB DE CV | KOF | $6.1M | 56,991 | +0.16pp | 22q | HELD | |
| NOVO-NORDISK A S | NVO | $5.8M | 120,258 | +0.52pp | 6q | +2.6%+$147.6K | |
| HENRY JACK & ASSOC INC | JKHY | $5.6M | 40,855 | +1.76pp | 24q | +684.0%+$4.9M | |
| PORTLAND GEN ELEC CO | POR | $5.6M | 108,542 | -0.07pp | 4q | HELD | |
| MEDTRONIC PLC | MDT | $5.5M | 70,358 | -0.21pp | 25q | +1.4%+$78.1K | |
| PUBLIC SVC ENTERPRISE GROUP | PEG | $5.5M | 67,754 | - | new | NEW | |
| PEPSICO INC | PEP | $5.5M | 40,544 | -0.32pp | 31q | HELD | |
| DEVON ENERGY CORP NEW | DVN | $5.5M | 132,198 | -0.47pp | 12q | HELD | |
| ENTERGY CORP NEW | ETR | $5.5M | 47,551 | +0.01pp | 13q | -0.5%-$27.9K | |
| SPDR SERIES TRUST | SPSB | $5.3M | 176,928 | -0.10pp | 31q | -3.7%-$206.2K | |
| PAYCHEX INC | PAYX | $5.3M | 53,703 | +1.70pp | 27q | +666.5%+$4.6M | |
| TOTALENERGIES SE | TTE | $5.0M | 64,147 | -0.35pp | 3q | -0.6%-$28.0K | |
| VERIZON COMMUNICATIONS INC | VZ | $4.8M | 113,041 | -0.43pp | 31q | -3.7%-$183.3K | |
| ISHARES TR | IGSB | $4.7M | 88,807 | -0.06pp | 31q | -2.3%-$108.5K | |
| PFIZER INC | PFE | $4.5M | 188,551 | -0.30pp | 31q | HELD | |
| CLOROX CO DEL | CLX | $4.4M | 45,938 | -0.16pp | 30q | HELD | |
| HOME DEPOT INC | HD | $4.3M | 12,111 | +0.14pp | 13q | +3.3%+$135.8K | |
| PHILLIPS 66 | PSX | $4.0M | 23,709 | -0.81pp | 17q | -29.7%-$1.7M | |
| ISHARES TR | SHY | $3.7M | 45,006 | -0.06pp | 31q | -2.8%-$106.9K | |
| MCCORMICK & CO INC | MKC | $3.5M | 69,325 | -1.10pp | 3q | -45.5%-$2.9M | |
| ISHARES TR | STIP | $3.3M | 32,237 | -0.06pp | 31q | -2.9%-$96.8K | |
| NIKE INC | NKE | $3.2M | 78,135 | -0.28pp | 7q | +5.0%+$152.3K | |
| PRINCIPAL FINANCIAL GROUP IN | PFG | $1.2M | 10,711 | +0.06pp | 31q | HELD | |
| ISHARES TR | IEI | $1.1M | 9,331 | -0.02pp | 29q | -3.7%-$42.2K | |
| QUEST DIAGNOSTICS INC | DGX | $1.0M | 4,897 | +0.02pp | 30q | -0.5%-$5.3K | |
| MSC INDL DIRECT INC | MSM | $916.8K | 7,707 | +0.05pp | 28q | -7.7%-$76.0K | |
| APPLE INC | AAPL | $825.6K | 2,853 | flat | 31q | -10.7%-$99.0K | |
| CENCORA INC | COR | $822.1K | 2,905 | -0.04pp | 26q | -2.3%-$19.2K | |
| LINCOLN ELEC HLDGS INC | LECO | $647.9K | 2,440 | +0.01pp | 5q | HELD | |
| SCHWAB STRATEGIC TR | SCHD | $637.3K | 20,097 | -0.01pp | 5q | -6.4%-$43.5K | |
| SPDR SERIES TRUST | SDY | $599.1K | 3,937 | -0.01pp | 5q | -6.2%-$39.4K | |
| INGREDION INC | INGR | $487.4K | 5,146 | -0.04pp | 22q | HELD | |
| SNAP ON INC | SNA | $384.7K | 956 | +0.01pp | 5q | HELD | |
| COSTCO WHOLESALE CORPORATION | COST | $367.6K | 393 | -0.01pp | 5q | HELD | |
| ALLISON TRANSMISSION HLDGS I | ALSN | $367.5K | 3,260 | flat | 5q | +1.3%+$4.8K | |
| STANLEY BLACK & DECKER INC | SWK | $328.4K | 3,489 | -0.07pp | 5q | -51.8%-$353.2K | |
| HORMEL FOODS CORP | HRL | $327.6K | 13,201 | +0.01pp | 5q | +0.6%+$2.0K | |
| EASTMAN CHEM CO | EMN | $325.4K | 4,858 | -0.02pp | 28q | HELD | |
| GRACO INC | GGG | $320.1K | 4,233 | - | new | NEW | |
| CENTERPOINT ENERGY INC | CNP | $317.8K | 7,217 | flat | 5q | +1.0%+$3.0K | |
| CATERPILLAR INC | CAT | $313.1K | 294 | +0.04pp | 2q | HELD | |
| PROSHARES TR | REGL | $298.8K | 3,263 | flat | 5q | -6.2%-$19.9K | |
| AMER STATES WTR CO | AWR | $290.9K | 3,520 | - | new | NEW | |
| ELI LILLY & CO | LLY | $289.1K | 241 | -0.02pp | 13q | -34.2%-$149.9K | |
| VANGUARD WHITEHALL FDS | VIGI | $285.6K | 3,058 | flat | 5q | -6.3%-$19.0K | |
| SPDR SERIES TRUST | BWZ | $257.7K | 9,632 | flat | 31q | -2.0%-$5.3K | |
| BROADCOM INC | AVGO | $250.1K | 662 | +0.02pp | 5q | HELD | |
| UNITED PARCEL SVCS INC | UPS | $247.1K | 2,299 | -1.79pp | 29q | -95.5%-$5.3M | |
| INVESCO EXCHANGE TRADED FD T | PRFZ | $238.3K | 4,273 | - | new | NEW | |
| WESTERN ASSET INVESTMENT GRA | PAI | $230.8K | 19,043 | flat | 31q | -2.4%-$5.8K | |
| INVESCO EXCHANGE TRADED FD T | RSP | $212.8K | 1,000 | - | new | NEW | |
| CAPITAL GROUP GROWTH ETF | CGGR | $207.1K | 4,388 | - | new | NEW | |
| AMDOCS LTD | DOX | $200.9K | 3,975 | - | new | NEW | |
| ABRDN ASIA PACIFIC INCOME FU | FAX | $192.3K | 13,075 | flat | 5q | -0.6%-$1.2K |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Biotech & Pharma | $32.2M | 11.9% |
| Utilities | $26.4M | 9.7% |
| Energy | $22.7M | 8.3% |
| Chemicals | $21.8M | 8.0% |
| Banks & Lending | $18.5M | 6.8% |
| Food, Drink & Tobacco | $15.9M | 5.8% |
| Capital Markets | $15.2M | 5.6% |
| Software & IT Services | $13.4M | 4.9% |
| Industrials | $12.3M | 4.5% |
| Computer Hardware | $10.9M | 4.0% |
| Semiconductors & Electronics | $8.6M | 3.2% |
| Insurance | $8.1M | 3.0% |
| Other sectors | $45.2M | 16.6% |
| Not classified | $20.8M | 7.6% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $272.0M | 72 | 7 | 16 | 28 | 3 | 35.0% | 7 |
| Q1 2026 | $269.1K | 68 | 2 | 14 | 18 | 4 | 34.6% | 7 |
| Q4 2025 | $265.8K | 70 | 3 | 19 | 30 | 3 | 33.0% | 6 |
| Q3 2025 | $257.8K | 70 | 1 | 18 | 48 | 6 | 31.5% | 6 |
| Q2 2025 | $255.1K | 75 | 18 | 56 | 0 | 1 | 32.8% | 8 |
| Q1 2025 | $83.6K | 58 | 2 | 19 | 30 | 2 | 32.8% | 15 |
| Q4 2024 | $84.3K | 58 | 5 | 0 | 52 | 16 | 31.9% | 27 |
| Q3 2024 | $202.4K | 69 | 2 | 2 | 61 | 4 | 28.8% | 15 |
| Q2 2024 | $247.6K | 71 | 2 | 8 | 55 | 0 | 30.5% | 15 |
| Q1 2024 | $260.7K | 69 | 2 | 15 | 42 | 3 | 29.7% | 5 |
| Q4 2023 | $245.3K | 70 | 1 | 5 | 51 | 3 | 30.9% | 8 |
| Q3 2023 | $237.6K | 72 | 1 | 28 | 11 | 1 | 30.6% | 13 |
| Q2 2023 | $246.3K | 72 | 6 | 15 | 43 | 4 | 29.7% | 17 |
| Q1 2023 | $240.4K | 70 | 3 | 50 | 12 | 4 | 30.2% | 5 |
| Q4 2022 | $242.3K | 71 | 1 | 46 | 13 | 7 | 31.3% | 5 |
| Q3 2022 | $215.7M | 77 | 7 | 68 | 1 | 1 | 29.4% | 6 |
| Q2 2022 | $210.8M | 71 | 3 | 35 | 15 | 2 | 30.4% | 8 |
| Q1 2022 | $219.0M | 70 | 2 | 47 | 9 | 1 | 30.2% | 6 |
| Q4 2021 | $211.8M | 69 | 2 | 36 | 10 | 1 | 32.0% | 7 |
| Q3 2021 | $198.0M | 68 | 0 | 32 | 9 | 0 | 31.7% | 6 |
| Q2 2021 | $197.2M | 68 | 1 | 56 | 1 | 2 | 31.0% | 6 |
| Q1 2021 | $188.4M | 69 | 5 | 39 | 18 | 3 | 31.7% | 14 |
| Q4 2020 | $171.1M | 67 | 6 | 28 | 13 | 2 | 32.0% | 7 |
| Q3 2020 | $149.5M | 63 | 5 | 20 | 33 | 2 | 35.3% | 8 |
| Q2 2020 | $142.2M | 60 | 8 | 14 | 32 | 6 | 35.6% | 7 |
| Q1 2020 | $131.3M | 58 | 7 | 25 | 17 | 11 | 35.3% | 21 |
| Q4 2019 | $169.2M | 62 | 10 | 43 | 5 | 1 | 32.6% | 31 |
| Q3 2019 | $148.6M | 53 | 6 | 36 | 7 | 3 | 33.1% | 51 |
| Q2 2019 | $141.4M | 50 | 3 | 37 | 6 | 14 | 34.1% | 43 |
| Q1 2019 | $129.5M | 61 | 14 | 39 | 5 | 2 | 34.9% | 38 |
| Q4 2018 | $108.4M | 49 | 0 | 0 | 0 | 0 | 36.0% | 45 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.