# Constitution Capital LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1845531. Source: https://holderbook.com/funds/1845531-constitution-capital-llc/

- Reported value: $194.8M
- Positions: 62
- Weight of the ten largest: 56.6%
- Filed: 2026-07-09

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 |
|---|---|---|---|---|---|
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $26.2M | 70,308 | 13.5% | 23 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $12.5M | 38,086 | 6.4% | 23 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $10.7M | 8,941 | 5.5% | 11 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $9.4M | 59,280 | 4.8% | 23 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $9.1M | 80,081 | 4.7% | 23 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $9.1M | 47,550 | 4.7% | 23 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $9.0M | 31,178 | 4.6% | 23 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $8.7M | 43,675 | 4.5% | 23 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $8.1M | 31,820 | 4.1% | 23 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $7.5M | 85,959 | 3.9% | 23 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $7.4M | 20,913 | 3.8% | 23 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $5.7M | 20,898 | 2.9% | 23 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $5.4M | 66,181 | 2.8% | 23 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $4.9M | 13,580 | 2.5% | 21 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $4.8M | 20,195 | 2.5% | 23 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $4.4M | 32,699 | 2.3% | 23 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $4.4M | 34,713 | 2.3% | 23 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $4.4M | 12,870 | 2.2% | 23 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $3.1M | 21,480 | 1.6% | 23 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $2.9M | 21,545 | 1.5% | 23 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $2.9M | 53,291 | 1.5% | 23 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $2.6M | 21,993 | 1.3% | 23 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $2.5M | 2,360 | 1.3% | 16 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $2.4M | 5,777 | 1.2% | 23 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $2.3M | 2,452 | 1.2% | 23 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.0M | 5,660 | 1.0% | 1 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $2.0M | 1,697 | 1.0% | 5 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.6M | 4,645 | 0.8% | 23 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $1.5M | 14,139 | 0.8% | 12 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $1.3M | 5,860 | 0.7% | 7 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $1.3M | 13,275 | 0.7% | 23 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $1.1M | 6,165 | 0.6% | 22 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.1M | 1,409 | 0.5% | 23 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $958.0K | 11,462 | 0.5% | 23 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $898.9K | 6,575 | 0.5% | 16 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $809.1K | 800 | 0.4% | 17 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $803.3K | 15,125 | 0.4% | 18 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $634.3K | 1,000 | 0.3% | 21 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $599.3K | 13,219 | 0.3% | 23 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $550.0K | 4,280 | 0.3% | 23 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $515.4K | 24,900 | 0.3% | 3 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $513.8K | 6,185 | 0.3% | 23 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $445.8K | 891 | 0.2% | 10 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $435.7K | 750 | 0.2% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $405.8K | 551 | 0.2% | 11 |
| BIOHAVEN LTD | [BHVN](https://holderbook.com/stocks/BHVN/) | $401.8K | 27,000 | 0.2% | 4 |
| TKO GROUP HOLDINGS INC | [TKO](https://holderbook.com/stocks/TKO/) | $362.4K | 1,800 | 0.2% | 9 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $349.6K | 2,932 | 0.2% | 23 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $334.3K | 700 | 0.2% | 3 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $315.0K | 850 | 0.2% | 23 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $314.6K | 1,000 | 0.2% | 11 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $313.6K | 1,500 | 0.2% | 7 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $305.7K | 600 | 0.2% | 10 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $300.7K | 1,985 | 0.2% | 23 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $281.8K | 1,700 | 0.1% | 15 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $277.0K | 765 | 0.1% | 6 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $252.5K | 2,150 | 0.1% | 1 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $248.7K | 125 | 0.1% | 1 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $247.9K | 3,000 | 0.1% | 13 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $245.5K | 10,000 | 0.1% | 1 |
| GABELLI DIVID & INCOME TR | [GDV](https://holderbook.com/stocks/GDV/) | $244.0K | 8,300 | 0.1% | 8 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $201.3K | 800 | 0.1% | 4 |

## 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 | +6.1% | +14.8% | -8.7% | 100% |
| Q1 2026 | -4.8% | -4.6% | -0.2% | 100% |
| Q4 2025 | -0.3% | +2.4% | -2.6% | 100% |
| Q3 2025 | +5.9% | +7.8% | -2.0% | 100% |
| Q2 2025 | +9.5% | +10.5% | -1.0% | 100% |
| Q1 2025 | -4.1% | -4.6% | +0.5% | 100% |
| Q4 2024 | -1.6% | +2.1% | -3.7% | 100% |
| Q3 2024 | +4.6% | +5.4% | -0.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $194.8M | 62 |
| Q1 2026 | $200.1M | 61 |
| Q4 2025 | $211.5M | 64 |
| Q3 2025 | $213.9M | 61 |
| Q2 2025 | $196.0M | 56 |
| Q1 2025 | $180.6M | 60 |
| Q4 2024 | $178.2M | 56 |
| Q3 2024 | $187.3M | 59 |
| Q2 2024 | $189.5M | 64 |
| Q1 2024 | $177.1M | 60 |
| Q4 2023 | $165.7M | 63 |
| Q3 2023 | $146.8M | 61 |