BLACKHILL CAPITAL INC
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| WILLIAMS SONOMA INC | WSM | $1.8B | 7,684,278 | +2.21pp | 31q | HELD | |
| ELI LILLY & CO | LLY | $174.1M | 145,121 | +0.32pp | 31q | HELD | |
| APPLE INC | AAPL | $71.8M | 248,200 | -0.26pp | 31q | HELD | |
| ABBVIE INC | ABBV | $66.2M | 263,110 | -0.20pp | 31q | HELD | |
| CATERPILLAR INC | CAT | $63.4M | 59,500 | +0.46pp | 31q | HELD | |
| ENERGY TRANSFER L P | ET | $30.6M | 1,600,000 | +0.08pp | 4q | +33.3%+$7.6M | |
| NVIDIA CORPORATION | NVDA | $28.0M | 139,950 | -0.09pp | 11q | HELD | |
| MICROSOFT CORP | MSFT | $24.6M | 66,050 | -0.24pp | 31q | HELD | |
| MERCK & CO INC | MRK | $21.7M | 168,857 | -0.15pp | 31q | HELD | |
| JOHNSON & JOHNSON | JNJ | $16.3M | 64,187 | -0.13pp | 31q | HELD | |
| ABBOTT LABORATORIES | ABT | $16.1M | 177,930 | -0.75pp | 31q | -33.7%-$8.2M | |
| BRISTOL-MYERS SQUIBB CO | BMY | $15.9M | 275,364 | -0.20pp | 31q | HELD | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $10.6M | 21,237 | -0.08pp | 31q | HELD | |
| MASTERCARD INCORPORATED | MA | $10.3M | 20,000 | -0.09pp | 31q | HELD | |
| DISNEY WALT CO | DIS | $9.8M | 101,500 | -0.10pp | 31q | HELD | |
| AMAZON COM INC | AMZN | $8.7M | 36,580 | -0.03pp | 31q | HELD | |
| PROCTER & GAMBLE CO | PG | $6.6M | 44,871 | -0.06pp | 31q | HELD | |
| ALPHABET INC | GOOG | $6.2M | 17,660 | flat | 31q | HELD | |
| ALPHABET INC | GOOGL | $5.7M | 15,980 | flat | 31q | HELD | |
| ZOETIS INC | ZTS | $4.9M | 68,296 | -0.38pp | 31q | -28.8%-$2.0M | |
| BERKSHIRE HATHAWAY INC DEL | BRKA | $4.5M | 6 | -0.04pp | 31q | HELD | |
| ENTERPRISE PRODS PARTNERS L | EPD | $4.0M | 107,704 | -0.05pp | 31q | HELD | |
| ZIMMER BIOMET HOLDINGS INC | ZBH | $3.6M | 42,079 | -0.05pp | 31q | HELD | |
| KIMBERLY-CLARK CORP | KMB | $3.2M | 29,000 | -0.01pp | 31q | HELD | |
| CHEVRON CORPORATION | CVX | $1.9M | 11,550 | -0.04pp | 31q | HELD | |
| PFIZER INC | PFE | $1.1M | 47,178 | -0.02pp | 31q | HELD | |
| ESSENTIAL UTILS INC | WTRG | $997.6K | 26,041 | -0.01pp | 26q | HELD | |
| AMER STATES WTR CO | AWR | $892.4K | 10,800 | -0.01pp | 31q | HELD | |
| MCDONALDS CORP | MCD | $810.9K | 3,000 | -0.01pp | 31q | HELD | |
| AMERICAN WTR WKS CO INC NEW | AWK | $789.5K | 6,000 | -0.01pp | 31q | HELD | |
| PHILIP MORRIS INTL INC | PM | $759.8K | 4,200 | flat | 31q | HELD | |
| F5 INC | FFIV | $665.5K | 1,600 | flat | 30q | HELD | |
| RESMED INC | RMD | $662.6K | 3,400 | -0.01pp | 31q | HELD | |
| WEYERHAEUSER CO | WY | $628.2K | 26,240 | -0.01pp | 31q | HELD | |
| ELANCO ANIMAL HEALTH INC | ELAN | $464.9K | 18,891 | flat | 30q | HELD | |
| COLGATE PALMOLIVE CO | CL | $458.4K | 5,000 | flat | 31q | HELD | |
| MIDDLESEX WTR CO | MSEX | $374.4K | 6,666 | flat | 31q | HELD | |
| CALIFORNIA WTR SVC GROUP | CWT | $369.7K | 7,600 | flat | 31q | HELD | |
| STATE STR SPDR S&P 500 ETF T | SPY | $357.0K | 478 | flat | 31q | HELD | |
| STATE STR SPDR S&P MIDCAP 40 | MDY | $246.9K | 351 | flat | 31q | HELD | |
| MAGNITE INC | MGNI | $113.7K | 5,991 | flat | 24q | HELD | |
| HERSHEY CO | HSY | $105.3K | 600 | flat | 31q | HELD | |
| TESLA INC | TSLA | $84.1K | 200 | flat | 10q | HELD | |
| NORFOLK SOUTHN CORP | NSC | $62.9K | 200 | flat | 31q | HELD | |
| AVANOS MED INC | AVNS | $59.1K | 2,375 | flat | 31q | HELD | |
| TOOTSIE ROLL INDS INC | TR | $52.1K | 1,317 | flat | 31q | +3.0%+$1.5K | |
| CONSOLIDATED EDISON INC | ED | $28.0K | 253 | flat | 31q | HELD |
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 |
|---|---|---|
| Retail & Consumer | $1.8B | 74.7% |
| Biotech & Pharma | $316.8M | 13.1% |
| Computer Hardware | $72.5M | 3.0% |
| Industrials | $66.5M | 2.8% |
| Software & IT Services | $36.7M | 1.5% |
| Energy | $36.5M | 1.5% |
| Other sectors | $80.2M | 3.3% |
| Not classified | $59.1K | 0.0% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $2.4B | 47 | 0 | 2 | 2 | 2 | 94.9% | 44 |
| Q1 2026 | $1.9B | 49 | 0 | 3 | 3 | 1 | 93.5% | 44 |
| Q4 2025 | $1.9B | 50 | 0 | 3 | 5 | 1 | 93.5% | 44 |
| Q3 2025 | $2.0B | 51 | 2 | 1 | 8 | 0 | 93.9% | 44 |
| Q2 2025 | $1.7B | 49 | 0 | 2 | 10 | 0 | 93.7% | 45 |
| Q1 2025 | $1.7B | 49 | 0 | 3 | 6 | 1 | 93.5% | 44 |
| Q4 2024 | $1.9B | 50 | 0 | 2 | 6 | 2 | 94.4% | 44 |
| Q3 2024 | $1.7B | 52 | 0 | 1 | 4 | 1 | 93.0% | 43 |
| Q2 2024 | $1.6B | 53 | 0 | 3 | 2 | 0 | 92.7% | 44 |
| Q1 2024 | $1.7B | 53 | 2 | 1 | 7 | 1 | 92.4% | 44 |
| Q4 2023 | $1.2B | 52 | 1 | 2 | 6 | 0 | 90.3% | 43 |
| Q3 2023 | $1.0B | 51 | 1 | 0 | 7 | 1 | 88.7% | 44 |
| Q2 2023 | $931.9M | 51 | 1 | 2 | 11 | 2 | 87.8% | 42 |
| Q1 2023 | $895.9M | 52 | 0 | 4 | 4 | 0 | 86.9% | 42 |
| Q4 2022 | $862.8M | 52 | 0 | 2 | 8 | 0 | 86.1% | 44 |
| Q3 2022 | $842.1M | 52 | 0 | 4 | 11 | 0 | 87.0% | 45 |
| Q2 2022 | $863.0M | 52 | 0 | 2 | 12 | 3 | 85.1% | 43 |
| Q1 2022 | $1.1B | 55 | 1 | 6 | 6 | 0 | 85.2% | 43 |
| Q4 2021 | $1.2B | 54 | 0 | 2 | 4 | 2 | 86.5% | 42 |
| Q3 2021 | $1.2B | 56 | 0 | 1 | 4 | 0 | 87.3% | 43 |
| Q2 2021 | $1.1B | 56 | 0 | 3 | 1 | 0 | 85.2% | 44 |
| Q1 2021 | $1.1B | 56 | 0 | 2 | 4 | 2 | 86.7% | 43 |
| Q4 2020 | $829.0M | 58 | 3 | 4 | 5 | 1 | 82.2% | 39 |
| Q3 2020 | $739.6M | 56 | 1 | 7 | 7 | 2 | 82.0% | 43 |
| Q2 2020 | $679.5M | 57 | 1 | 3 | 12 | 6 | 81.3% | 44 |
| Q1 2020 | $480.4M | 62 | 1 | 1 | 23 | 2 | 75.7% | 42 |
| Q4 2019 | $685.4M | 63 | 1 | 7 | 14 | 5 | 76.5% | 41 |
| Q3 2019 | $632.6M | 67 | 1 | 3 | 17 | 2 | 75.3% | 38 |
| Q2 2019 | $621.5M | 68 | 1 | 4 | 8 | 1 | 75.0% | 29 |
| Q1 2019 | $583.2M | 68 | 2 | 5 | 4 | 1 | 74.2% | 32 |
| Q4 2018 | $522.0M | 67 | 0 | 0 | 0 | 0 | 76.7% | 31 |
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.