# Winthrop Capital Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2010657. Source: https://holderbook.com/funds/2010657-winthrop-capital-management-llc/

- Reported value: $414.1M
- Positions: 351
- Weight of the ten largest: 42.2%
- Filed: 2026-08-13

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 |
|---|---|---|---|---|---|
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $43.7M | 365,715 | 10.6% | 11 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $21.5M | 17,908 | 5.2% | 7 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $20.2M | 671,560 | 4.9% | 11 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $19.4M | 657,605 | 4.7% | 7 |
| VANGUARD WORLD FD | [VFH](https://holderbook.com/stocks/VFH/) | $13.7M | 104,157 | 3.3% | 11 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $13.4M | 421,081 | 3.2% | 7 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $12.4M | 128,488 | 3.0% | 11 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $10.3M | 48,623 | 2.5% | 11 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $10.3M | 65,145 | 2.5% | 11 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $10.1M | 94,229 | 2.4% | 11 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $9.6M | 116,385 | 2.3% | 11 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $9.4M | 97,379 | 2.3% | 11 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $9.3M | 79,515 | 2.3% | 11 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $9.3M | 85,046 | 2.2% | 7 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $9.2M | 331,932 | 2.2% | 7 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $7.9M | 39,646 | 1.9% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $7.6M | 21,268 | 1.8% | 11 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $7.4M | 39,995 | 1.8% | 11 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $7.2M | 83,029 | 1.7% | 7 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $6.6M | 30,487 | 1.6% | 7 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $6.2M | 74,280 | 1.5% | 11 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $6.1M | 64,433 | 1.5% | 7 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $5.6M | 64,052 | 1.4% | 11 |
| SPDR SERIES TRUST | [SPHY](https://holderbook.com/stocks/SPHY/) | $5.3M | 228,145 | 1.3% | 11 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $5.1M | 150,856 | 1.2% | 7 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $5.1M | 13,588 | 1.2% | 7 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $4.6M | 54,871 | 1.1% | 11 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $4.5M | 6,029 | 1.1% | 7 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $4.4M | 82,707 | 1.1% | 11 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $4.1M | 40,725 | 1.0% | 7 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $4.1M | 12,427 | 1.0% | 11 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $3.2M | 70,853 | 0.8% | 11 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $3.1M | 86,396 | 0.8% | 7 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $2.9M | 21,575 | 0.7% | 7 |
| ISHARES TR | [ITA](https://holderbook.com/stocks/ITA/) | $2.7M | 11,076 | 0.6% | 7 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $2.6M | 86,643 | 0.6% | 7 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $2.4M | 3,407 | 0.6% | 7 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.3M | 3,108 | 0.6% | 11 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $2.2M | 4,667 | 0.5% | 6 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $2.2M | 15,772 | 0.5% | 7 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $2.1M | 59,274 | 0.5% | 7 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $2.1M | 5,836 | 0.5% | 7 |
| BITWISE BITCOIN ETF TR | [BITB](https://holderbook.com/stocks/BITB/) | $2.1M | 65,364 | 0.5% | 4 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $2.0M | 40,009 | 0.5% | 11 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.9M | 7,610 | 0.5% | 7 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $1.9M | 50,385 | 0.4% | 7 |
| SELECT SECTOR SPDR TR | [XLRE](https://holderbook.com/stocks/XLRE/) | $1.9M | 42,040 | 0.4% | 11 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.7M | 5,040 | 0.4% | 11 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.7M | 4,520 | 0.4% | 8 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $1.6M | 5,811 | 0.4% | 7 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.6M | 11,829 | 0.4% | 11 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $1.6M | 10,848 | 0.4% | 7 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.6M | 12,254 | 0.4% | 11 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.6M | 10,605 | 0.4% | 11 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.5M | 13,619 | 0.4% | 7 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $1.4M | 3,930 | 0.3% | 11 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $1.3M | 9,581 | 0.3% | 7 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $1.3M | 10,378 | 0.3% | 11 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $1.3M | 13,042 | 0.3% | 7 |
| YUM BRANDS INC | [YUM](https://holderbook.com/stocks/YUM/) | $1.2M | 7,383 | 0.3% | 7 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.2M | 1,254 | 0.3% | 11 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $1.1M | 11,030 | 0.3% | 11 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $1.1M | 18,604 | 0.3% | 7 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $1.1M | 2,687 | 0.3% | 4 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.1M | 4,316 | 0.3% | 11 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $1.1M | 3,513 | 0.3% | 8 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $1.1M | 7,150 | 0.3% | 7 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $999.0K | 12,956 | 0.2% | 7 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $984.0K | 6,707 | 0.2% | 8 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $969.0K | 3,250 | 0.2% | 7 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $960.0K | 13,447 | 0.2% | 7 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $946.0K | 5,707 | 0.2% | 7 |
| SPDR SERIES TRUST | [SLYG](https://holderbook.com/stocks/SLYG/) | $945.0K | 7,933 | 0.2% | 11 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $927.0K | 1,848 | 0.2% | 8 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $898.0K | 2,541 | 0.2% | 11 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $788.0K | 1,398 | 0.2% | 11 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $734.0K | 13,668 | 0.2% | 7 |
| INVESCO EXCHANGE TRADED FD T | [EQWL](https://holderbook.com/stocks/EQWL/) | $694.0K | 5,382 | 0.2% | 11 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $682.0K | 3,094 | 0.2% | 7 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $671.0K | 2,234 | 0.2% | 7 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $665.0K | 8,252 | 0.2% | 7 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $661.0K | 2,684 | 0.2% | 7 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $658.0K | 2,937 | 0.2% | 7 |
| AERCAP HOLDINGS NV | [AER](https://holderbook.com/stocks/AER/) | $648.0K | 4,444 | 0.2% | 8 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $646.0K | 6,210 | 0.2% | 11 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $635.0K | 4,691 | 0.2% | 7 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $627.0K | 2,838 | 0.2% | 1 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $623.0K | 7,540 | 0.2% | 7 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $598.0K | 6,323 | 0.1% | 7 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $594.0K | 2,199 | 0.1% | 7 |
| VISTRA CORP | [VST](https://holderbook.com/stocks/VST/) | $589.0K | 3,714 | 0.1% | 1 |
| GLOBAL X FDS | [DTCR](https://holderbook.com/stocks/DTCR/) | $536.0K | 17,643 | 0.1% | 3 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $487.0K | 1,380 | 0.1% | 7 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $464.0K | 1,910 | 0.1% | 7 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $447.0K | 9,613 | 0.1% | 7 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $433.0K | 14,963 | 0.1% | 7 |
| APA CORPORATION | [APA](https://holderbook.com/stocks/APA/) | $418.0K | 12,820 | 0.1% | 6 |
| TYSON FOODS INC | [TSN](https://holderbook.com/stocks/TSN/) | $394.0K | 6,874 | 0.1% | 5 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $388.0K | 1,735 | 0.1% | 7 |
| DTE ENERGY CO | [DTE](https://holderbook.com/stocks/DTE/) | $382.0K | 2,510 | 0.1% | 7 |

## 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 | +10.3% | +14.8% | -4.5% | 100% |
| Q1 2026 | -2.1% | -4.6% | +2.5% | 100% |
| Q4 2025 | +2.7% | +2.4% | +0.4% | 100% |
| Q3 2025 | +6.0% | +7.8% | -1.8% | 100% |
| Q2 2025 | +6.3% | +10.5% | -4.1% | 100% |
| Q1 2025 | -1.5% | -4.6% | +3.1% | 100% |
| Q4 2024 | -0.4% | +2.1% | -2.6% | 100% |
| Q3 2024 | +5.8% | +5.4% | +0.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $414.1M | 351 |
| Q1 2026 | $389.5M | 345 |
| Q4 2025 | $429.1M | 352 |
| Q3 2025 | $413.5M | 325 |
| Q2 2025 | $395.6M | 337 |
| Q1 2025 | $363.5M | 320 |
| Q4 2024 | $375.8M | 328 |
| Q3 2024 | $210.0M | 157 |
| Q2 2024 | $199.9M | 158 |
| Q1 2024 | $217.0M | 162 |
| Q4 2023 | $306.3M | 275 |