# Mill Capital Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1901166. Source: https://holderbook.com/funds/1901166-mill-capital-management-llc/

- Reported value: $1.5B
- Positions: 128
- Weight of the ten largest: 53.4%
- Filed: 2026-08-03

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/) | $145.4M | 502,607 | 9.7% | 19 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $117.6M | 101,867 | 7.9% | 19 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $114.5M | 324,102 | 7.6% | 19 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $75.2M | 201,680 | 5.0% | 19 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $74.9M | 100 | 5.0% | 19 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $66.9M | 194,893 | 4.5% | 19 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $65.0M | 198,650 | 4.3% | 19 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $49.8M | 364,490 | 3.3% | 19 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $46.2M | 193,725 | 3.1% | 19 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $43.4M | 86,700 | 2.9% | 19 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $41.1M | 121,505 | 2.7% | 19 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $40.1M | 20,164 | 2.7% | 6 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $36.9M | 135,557 | 2.5% | 19 |
| TRANSDIGM GROUP INC | [TDG](https://holderbook.com/stocks/TDG/) | $33.5M | 25,115 | 2.2% | 19 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $30.5M | 25,422 | 2.0% | 19 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $29.8M | 117,347 | 2.0% | 19 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $28.2M | 56,154 | 1.9% | 19 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $27.1M | 75,819 | 1.8% | 19 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $25.6M | 143,681 | 1.7% | 19 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $23.9M | 57,584 | 1.6% | 19 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $21.3M | 41,126 | 1.4% | 14 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $19.4M | 118,842 | 1.3% | 19 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $19.3M | 156,719 | 1.3% | 17 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $18.1M | 62,134 | 1.2% | 19 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $17.9M | 43,856 | 1.2% | 2 |
| LABCORP HOLDINGS INC | [LH](https://holderbook.com/stocks/LH/) | $17.5M | 62,674 | 1.2% | 9 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $17.3M | 97,927 | 1.2% | 3 |
| VERISIGN INC | [VRSN](https://holderbook.com/stocks/VRSN/) | $16.8M | 66,941 | 1.1% | 8 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $13.8M | 31,950 | 0.9% | 7 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $13.1M | 72,222 | 0.9% | 19 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $12.7M | 450,898 | 0.8% | 16 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $12.5M | 173,989 | 0.8% | 19 |
| OTIS WORLDWIDE CORP | [OTIS](https://holderbook.com/stocks/OTIS/) | $10.4M | 144,579 | 0.7% | 8 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $9.9M | 230,815 | 0.7% | 3 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $9.4M | 59,846 | 0.6% | 14 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $9.0M | 8,408 | 0.6% | 19 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $8.7M | 17,629 | 0.6% | 19 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $8.3M | 64,413 | 0.6% | 19 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $7.2M | 19,265 | 0.5% | 18 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $6.5M | 79,259 | 0.4% | 19 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $5.2M | 35,311 | 0.3% | 19 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $5.2M | 4,386 | 0.3% | 9 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $5.0M | 11,850 | 0.3% | 18 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $4.5M | 27,354 | 0.3% | 19 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $3.9M | 10,043 | 0.3% | 19 |
| MARTIN MARIETTA MATLS INC | [MLM](https://holderbook.com/stocks/MLM/) | $3.6M | 6,225 | 0.2% | 19 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $3.5M | 143,638 | 0.2% | 19 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $3.0M | 123,969 | 0.2% | 19 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $3.0M | 23,775 | 0.2% | 19 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $2.9M | 9,138 | 0.2% | 19 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $2.8M | 9,490 | 0.2% | 19 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $2.7M | 33,644 | 0.2% | 19 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.6M | 7,300 | 0.2% | 19 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $2.6M | 2,539 | 0.2% | 19 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $2.5M | 42,868 | 0.2% | 19 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $2.5M | 31,662 | 0.2% | 18 |
| YUM BRANDS INC | [YUM](https://holderbook.com/stocks/YUM/) | $2.5M | 15,329 | 0.2% | 19 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $2.3M | 15,497 | 0.2% | 19 |
| REPUBLIC SVCS INC | [RSG](https://holderbook.com/stocks/RSG/) | $2.2M | 10,102 | 0.1% | 19 |
| SPDR SERIES TRUST | [SPAB](https://holderbook.com/stocks/SPAB/) | $2.1M | 83,113 | 0.1% | 5 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $2.1M | 13,035 | 0.1% | 19 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $2.1M | 24,000 | 0.1% | 18 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $2.0M | 35,645 | 0.1% | 19 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $1.9M | 38,477 | 0.1% | 3 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $1.8M | 12,632 | 0.1% | 19 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $1.8M | 30,644 | 0.1% | 19 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $1.7M | 16,741 | 0.1% | 19 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $1.5M | 4,819 | 0.1% | 19 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $1.4M | 9,550 | 0.1% | 19 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.3M | 4,750 | 0.1% | 19 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $1.2M | 2,910 | 0.1% | 19 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $1.2M | 1,665 | 0.1% | 19 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $1.2M | 10,524 | 0.1% | 19 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $1.1M | 5,058 | 0.1% | 19 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $1.1M | 3,210 | 0.1% | 19 |
| FIRST CTZNS BANCSHARES INC D | [FCNCA](https://holderbook.com/stocks/FCNCA/) | $1.1M | 525 | 0.1% | 19 |
| INGERSOLL RAND INC | [IR](https://holderbook.com/stocks/IR/) | $1.1M | 13,095 | 0.1% | 19 |
| LOEWS CORP | [L](https://holderbook.com/stocks/L/) | $1.0M | 9,266 | 0.1% | 19 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $993.7K | 4,500 | 0.1% | 19 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $981.2K | 12,994 | 0.1% | 9 |
| FIFTH THIRD BANCORP | [FITB](https://holderbook.com/stocks/FITB/) | $968.5K | 17,182 | 0.1% | 17 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $957.5K | 3,405 | 0.1% | 19 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $829.7K | 3,297 | 0.1% | 19 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $824.2K | 8,563 | 0.1% | 19 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $705.6K | 1,868 | 0.0% | 11 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $659.0K | 4,205 | 0.0% | 19 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $658.7K | 6,001 | 0.0% | 19 |
| ISHARES TR | [SUSA](https://holderbook.com/stocks/SUSA/) | $640.3K | 4,150 | 0.0% | 10 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $585.3K | 3,462 | 0.0% | 19 |
| WEC ENERGY GROUP INC | [WEC](https://holderbook.com/stocks/WEC/) | $563.3K | 4,824 | 0.0% | 19 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $560.8K | 751 | 0.0% | 8 |
| BP PLC | [BP](https://holderbook.com/stocks/BP/) | $547.9K | 14,828 | 0.0% | 19 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $521.9K | 3,449 | 0.0% | 19 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $511.2K | 2,076 | 0.0% | 19 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $506.3K | 3,739 | 0.0% | 19 |
| GARMIN LTD | [GRMN](https://holderbook.com/stocks/GRMN/) | $483.9K | 2,037 | 0.0% | 17 |
| ZIMMER BIOMET HOLDINGS INC | [ZBH](https://holderbook.com/stocks/ZBH/) | $463.5K | 5,384 | 0.0% | 19 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $424.4K | 3,747 | 0.0% | 9 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $424.1K | 1,894 | 0.0% | 1 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $418.7K | 1,894 | 0.0% | 1 |

## 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 | +14.9% | +14.8% | +0.1% | 100% |
| Q1 2026 | -4.6% | -4.6% | +0.0% | 100% |
| Q4 2025 | +3.9% | +2.4% | +1.5% | 100% |
| Q3 2025 | +5.9% | +7.8% | -1.9% | 100% |
| Q2 2025 | +2.8% | +10.5% | -7.6% | 100% |
| Q1 2025 | +0.2% | -4.6% | +4.7% | 100% |
| Q4 2024 | +0.3% | +2.1% | -1.9% | 100% |
| Q3 2024 | +6.0% | +5.4% | +0.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.5B | 128 |
| Q1 2026 | $1.3B | 130 |
| Q4 2025 | $1.4B | 129 |
| Q3 2025 | $1.3B | 122 |
| Q2 2025 | $1.3B | 120 |
| Q1 2025 | $1.2B | 119 |
| Q4 2024 | $1.3B | 124 |
| Q3 2024 | $1.3B | 124 |
| Q2 2024 | $1.2B | 120 |
| Q1 2024 | $1.2B | 121 |
| Q4 2023 | $1.1B | 119 |
| Q3 2023 | $1.0B | 117 |