# Millstone Evans Group, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2041943. Source: https://holderbook.com/funds/2041943-millstone-evans-group-llc/

- Reported value: $184.8M
- Positions: 877
- Weight of the ten largest: 38.3%
- Filed: 2026-08-11

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 |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $16.0M | 80,112 | 8.7% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $15.2M | 52,690 | 8.2% | 7 |
| IMPAX FUNDS SERIES TRUST I | [BLDX](https://holderbook.com/stocks/BLDX/) | $10.5M | 403,194 | 5.7% | 1 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $6.5M | 17,326 | 3.5% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $5.3M | 10,611 | 2.9% | 7 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $3.9M | 11,065 | 2.1% | 7 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $3.7M | 11,258 | 2.0% | 7 |
| ISHARES TR | [IMCV](https://holderbook.com/stocks/IMCV/) | $3.4M | 36,762 | 1.8% | 7 |
| ISHARES TR | [IWS](https://holderbook.com/stocks/IWS/) | $3.3M | 19,763 | 1.8% | 7 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $3.1M | 20,872 | 1.7% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.9M | 8,141 | 1.6% | 7 |
| RAYMOND JAMES FINL INC | [RJF](https://holderbook.com/stocks/RJF/) | $2.9M | 19,055 | 1.6% | 7 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.4M | 9,613 | 1.3% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.2M | 9,320 | 1.2% | 7 |
| LINCOLN ELEC HLDGS INC | [LECO](https://holderbook.com/stocks/LECO/) | $2.1M | 7,911 | 1.1% | 7 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $2.0M | 2,865 | 1.1% | 7 |
| FIRST TR EXCHANGE-TRADED FD | [EMLP](https://holderbook.com/stocks/EMLP/) | $1.9M | 43,478 | 1.0% | 7 |
| TCW ETF TRUST | [PWRD](https://holderbook.com/stocks/PWRD/) | $1.8M | 14,734 | 1.0% | 7 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $1.8M | 6,407 | 1.0% | 7 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.7M | 1,385 | 0.9% | 7 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $1.6M | 2,218 | 0.8% | 7 |
| VANGUARD WHITEHALL FDS | [VYMI](https://holderbook.com/stocks/VYMI/) | $1.5M | 15,100 | 0.8% | 4 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.5M | 1,975 | 0.8% | 7 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $1.4M | 5,405 | 0.7% | 7 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.4M | 10,569 | 0.7% | 7 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $1.3M | 3,433 | 0.7% | 7 |
| FLEX LTD | [FLEX](https://holderbook.com/stocks/FLEX/) | $1.2M | 7,625 | 0.7% | 7 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $1.2M | 11,823 | 0.7% | 7 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $1.2M | 10,267 | 0.7% | 7 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $1.2M | 37,221 | 0.6% | 7 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $1.1M | 2,267 | 0.6% | 7 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $1.0M | 3,332 | 0.6% | 7 |
| DIMENSIONAL ETF TRUST | [DFAC](https://holderbook.com/stocks/DFAC/) | $998.5K | 22,510 | 0.5% | 7 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $993.9K | 846 | 0.5% | 7 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $993.0K | 6,772 | 0.5% | 7 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $993.0K | 3,305 | 0.5% | 7 |
| SCHWAB STRATEGIC TR | [FNDX](https://holderbook.com/stocks/FNDX/) | $944.9K | 30,384 | 0.5% | 3 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $922.4K | 5,837 | 0.5% | 7 |
| WATERS CORP | [WAT](https://holderbook.com/stocks/WAT/) | $895.6K | 2,388 | 0.5% | 7 |
| VANGUARD WORLD FD | [ESGV](https://holderbook.com/stocks/ESGV/) | $847.5K | 6,409 | 0.5% | 7 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $847.4K | 2,470 | 0.5% | 7 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $839.8K | 5,187 | 0.5% | 7 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $792.3K | 3,218 | 0.4% | 7 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $792.2K | 2,342 | 0.4% | 7 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $782.3K | 1,638 | 0.4% | 7 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $771.4K | 1,328 | 0.4% | 7 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $747.3K | 5,352 | 0.4% | 7 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $692.2K | 740 | 0.4% | 7 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $687.9K | 5,540 | 0.4% | 7 |
| PACER FDS TR | [COWZ](https://holderbook.com/stocks/COWZ/) | $630.7K | 10,139 | 0.3% | 7 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $628.6K | 2,498 | 0.3% | 7 |
| SCHWAB STRATEGIC TR | [FNDF](https://holderbook.com/stocks/FNDF/) | $616.1K | 11,677 | 0.3% | 3 |
| UNITED BANKSHARES INC WEST V | [UBSI](https://holderbook.com/stocks/UBSI/) | $610.8K | 13,328 | 0.3% | 7 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $585.2K | 4,280 | 0.3% | 7 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $579.3K | 2,723 | 0.3% | 7 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $564.2K | 1,792 | 0.3% | 7 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $559.2K | 3,373 | 0.3% | 7 |
| ADVISORSHARES TR | [CWS](https://holderbook.com/stocks/CWS/) | $533.1K | 7,818 | 0.3% | 7 |
| PACER FDS TR | [CALF](https://holderbook.com/stocks/CALF/) | $524.4K | 10,362 | 0.3% | 7 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $508.0K | 4,485 | 0.3% | 7 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $507.4K | 2,266 | 0.3% | 7 |
| DIMENSIONAL ETF TRUST | [DCOR](https://holderbook.com/stocks/DCOR/) | $499.5K | 6,093 | 0.3% | 7 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $496.0K | 1,835 | 0.3% | 7 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $490.9K | 3,094 | 0.3% | 7 |
| SCHWAB STRATEGIC TR | [FNDE](https://holderbook.com/stocks/FNDE/) | $486.6K | 12,263 | 0.3% | 3 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $486.1K | 3,102 | 0.3% | 7 |
| WORLD GOLD TR | [GLDM](https://holderbook.com/stocks/GLDM/) | $474.6K | 5,976 | 0.3% | 4 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $457.2K | 5,929 | 0.2% | 7 |
| KENVUE INC | [KVUE](https://holderbook.com/stocks/KVUE/) | $454.9K | 23,802 | 0.2% | 7 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $449.0K | 3,073 | 0.2% | 7 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $445.6K | 1,883 | 0.2% | 7 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $440.8K | 21,296 | 0.2% | 7 |
| DIMENSIONAL ETF TRUST | [DFIC](https://holderbook.com/stocks/DFIC/) | $437.4K | 11,738 | 0.2% | 7 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $436.1K | 5,101 | 0.2% | 7 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $433.0K | 3,025 | 0.2% | 7 |
| HARRIS OAKMARK ETF TRUST | [OAKM](https://holderbook.com/stocks/OAKM/) | $419.8K | 14,904 | 0.2% | 3 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $418.7K | 3,570 | 0.2% | 7 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $410.9K | 6,884 | 0.2% | 4 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $410.2K | 1,508 | 0.2% | 7 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $409.0K | 9,661 | 0.2% | 7 |
| FIRST BUSEY CORP | [BUSE](https://holderbook.com/stocks/BUSE/) | $393.8K | 13,350 | 0.2% | 6 |
| FIRST TR EXCHANGE-TRADED FD | [RDVY](https://holderbook.com/stocks/RDVY/) | $391.0K | 4,823 | 0.2% | 7 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $389.4K | 546 | 0.2% | 7 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $387.3K | 2,472 | 0.2% | 7 |
| TCW ETF TRUST | [SUPP](https://holderbook.com/stocks/SUPP/) | $382.3K | 4,314 | 0.2% | 7 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $376.5K | 948 | 0.2% | 7 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $376.3K | 1,242 | 0.2% | 7 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $376.3K | 883 | 0.2% | 7 |
| TREX INC | [TREX](https://holderbook.com/stocks/TREX/) | $375.3K | 7,500 | 0.2% | 7 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $363.6K | 3,765 | 0.2% | 7 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $357.1K | 695 | 0.2% | 7 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $354.0K | 350 | 0.2% | 7 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $340.9K | 990 | 0.2% | 7 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $338.0K | 3,924 | 0.2% | 7 |
| INVESCO EXCHANGE TRADED FD T | [UPGD](https://holderbook.com/stocks/UPGD/) | $333.1K | 4,065 | 0.2% | 7 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $322.2K | 1,099 | 0.2% | 7 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $321.9K | 1,062 | 0.2% | 7 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $320.0K | 4,091 | 0.2% | 7 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $317.8K | 2,347 | 0.2% | 7 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $316.4K | 1,775 | 0.2% | 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 | +11.2% | +14.8% | -3.6% | 100% |
| Q1 2026 | -3.4% | -4.6% | +1.2% | 100% |
| Q4 2025 | +1.6% | +2.4% | -0.7% | 100% |
| Q3 2025 | +9.2% | +7.8% | +1.4% | 100% |
| Q2 2025 | +8.9% | +10.5% | -1.5% | 100% |
| Q1 2025 | -3.4% | -4.6% | +1.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $184.8M | 877 |
| Q1 2026 | $166.6M | 856 |
| Q4 2025 | $170.0M | 857 |
| Q3 2025 | $157.4M | 834 |
| Q2 2025 | $146.7M | 763 |
| Q1 2025 | $147.4M | 797 |
| Q4 2024 | $146.7M | 732 |