Applied Capital LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 15, 2026), Applied Capital LLC reported 92 stock positions worth $149.7 million. Its top holding was Alphabet Class C (GOOG) at 6.0% of the portfolio, followed by Microsoft (MSFT, 3.4%) and Travelers Cos (TRV, 3.3%). Compared with Q1 2026, it opened 4 new positions, sold out of 3, added to 37 and reduced 22. The biggest buy was Lamar Advertising Class A (LAMR, shares +389%) and the biggest sale an exit from Casey's General Stores (CASY).

Most Recent 13F
Q2 2026
Location
HOLLYWOOD, FL
CIK
0001965393
Portfolio Value
$149.7M (Q2 2026)
SEC Filing
0001965393-26-000002 ↗ filed Jul 15, 2026

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $122.8M Q1 2024 Q2 2024: $114.5M Q2 2024 Q3 2024: $128.3M Q3 2024 Q4 2024: $127.3M Q4 2024 Q1 2025: $124.4M Q1 2025 Q2 2025: $134.3M Q2 2025 Q3 2025: $139.9M Q3 2025 Q4 2025: $146.0M Q4 2025 Q1 2026: $137.5M Q1 2026 Q2 2026: $149.7M $149.7M Q2 2026

Holdings 92 stocks · $149.7M
GOOG Alphabet Inc. Class C 5.95% 25,219 $8.9M Reduce -0.1%
MSFT Microsoft Corp. 3.41% 13,691 $5.1M Add +1.6%
TRV The Travelers Cos Inc. 3.32% 15,072 $5.0M Add +0.1%
PAG Penske Automotive Group Inc. 3.30% 27,632 $4.9M Add +1.1%
META Meta Platforms Inc. Class A 3.01% 7,995 $4.5M Add +2.3%
RY Royal Bank of Canada 2.24% 16,214 $3.4M No change
PM Philip Morris International 2.17% 17,965 $3.3M Add +0.1%
V Visa Inc. Class A 2.15% 9,392 $3.2M Add +1.3%
JPM JPMorgan Chase & Co. 2.14% 9,771 $3.2M Reduce -0.1%
EPD Enterprise Products Partners 2.07% 84,434 $3.1M Add +4.3%
AXP American Express Co. 2.05% 9,070 $3.1M Add +0.0%
MA Mastercard Inc. Class A 2.04% 5,948 $3.1M Add +0.1%
WSO Watsco Inc. 2.03% 7,295 $3.0M No change
PCAR Paccar Inc. 2.00% 24,944 $3.0M Add +0.1%
JNJ Johnson & Johnson 1.88% 11,063 $2.8M Reduce -0.5%
TD Toronto-Dominion Bank 1.87% 23,051 $2.8M No change
MPLX MPLX LP 1.84% 48,875 $2.8M Add +13.8%
UNH Unitedhealth Group Inc. 1.82% 6,537 $2.7M Add +0.1%
MCO Moody's Corp. 1.70% 5,618 $2.5M No change
NDAQ Nasdaq Inc. 1.65% 31,409 $2.5M No change
WFC Wells Fargo & Co. 1.63% 29,594 $2.4M Reduce -1.8%
ORI Old Republic Intl Corp. 1.61% 58,710 $2.4M Add +3.2%
FITB Fifth Third Bancorp 1.47% 39,085 $2.2M Reduce -1.0%
CINF Cincinnati Financial Corp. 1.43% 11,520 $2.1M No change
ITW Illinois Tool Works 1.41% 7,804 $2.1M Reduce -0.2%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 1.37% 29,073 $2.1M Add +0.0%
MO Altria Group Inc. 1.34% 27,831 $2.0M Add +0.0%
AMZN Amazon.com Inc. 1.32% 8,291 $2.0M Add +2.1%
FERG Ferguson Enterprises Inc. 1.26% 7,922 $1.9M No change
USB US Bancorp 1.19% 29,577 $1.8M Reduce -0.7%
ENB Enbridge Inc. 1.18% 32,684 $1.8M Add +0.1%
BA The Boeing Co. 1.12% 7,748 $1.7M Reduce -2.0%
AGM Federal Agric MTG Corp. Class C 1.09% 8,221 $1.6M Add +3.5%
SLG SL Green Realty Corp. 1.08% 31,290 $1.6M Add +7.9%
RTX RTX Corp. 1.08% 8,495 $1.6M Reduce -1.8%
PG The Procter & Gamble Co. 1.07% 10,924 $1.6M Reduce -0.6%
GPC Genuine Parts Co. 1.07% 13,567 $1.6M Add +1.4%
CB Chubb Ltd. 1.05% 4,609 $1.6M No change
O Realty Income Corp. 1.04% 25,050 $1.6M Add +0.2%
TFC Truist Financial Corp. 1.01% 30,312 $1.5M Reduce -0.8%
CME Cme Group Inc. 1.00% 6,783 $1.5M Add +6.4%
BTI British American Tob-SP ADR 0.97% 23,406 $1.4M No change
MMM 3M Co. 0.96% 8,878 $1.4M No change
GD General Dynamics Corp. 0.93% 3,944 $1.4M Reduce -0.5%
FNF Fidelity National Financial 0.88% 27,966 $1.3M Add +3.6%
APD Air Products & Chemicals Inc. 0.87% 4,459 $1.3M No change
LAMR Lamar Advertising Co. Class A 0.85% 8,175 $1.3M Add +388.9%
LHX L3HARRIS Technologies Inc. 0.80% 4,123 $1.2M Reduce -0.7%
CCI Crown Castle Inc. 0.78% 15,459 $1.2M Add +0.3%
ADM Archer-Daniels-Midland Co. 0.78% 15,286 $1.2M Reduce -0.7%
AFG American Financial Group Inc. 0.77% 8,264 $1.2M Add +5.5%
ADP Automatic Data Processing 0.75% 4,991 $1.1M No change
CRH CRH PLC 0.74% 10,294 $1.1M No change
GWW WW Grainger Inc. 0.71% 780 $1.1M No change
CNH CNH Industrial NV 0.70% 93,338 $1.0M Reduce -3.2%
MUSA Murphy USA Inc. 0.68% 1,891 $1.0M No change
WPC WP Carey Inc. 0.67% 14,061 $1.0M Add +0.0%
AMT American Tower Corp. 0.64% 5,899 $965K Add +0.8%
PAYX Paychex Inc. 0.61% 9,315 $916K Add +0.1%
SWK Stanley Black & Decker Inc. 0.60% 9,577 $901K Add +2.5%
AOS Smith (a.o.) Corp. 0.59% 14,002 $878K Reduce -1.8%
UPS United Parcel Service Class B 0.57% 8,000 $860K Reduce -1.5%
OKE Oneok Inc. 0.57% 9,753 $848K Add +12.9%
ADC Agree Realty Corp. 0.55% 10,892 $825K No change
CVX Chevron Corp. 0.53% 4,757 $789K No change
PPG PPG Industries Inc. 0.50% 6,228 $755K Reduce -1.3%
INTU Intuit Inc. 0.49% 2,811 $734K Add +75.3%
ADBE Adobe Inc. 0.48% 3,528 $723K Add +23.6%
KMI Kinder Morgan Inc. 0.45% 20,949 $670K No change
MAA Mid-America Apartment Comm 0.45% 4,793 $666K No change
XOM Exxon Mobil Corp. 0.37% 4,025 $550K No change
CRCL Circle Internet Group Inc. 0.36% 8,692 $544K Reduce -0.2%
C Citigroup Inc. 0.36% 3,849 $539K No change
NNN NNN REIT Inc. 0.35% 11,360 $529K Add +0.3%
ICE Intercontinental Exchange Inc. 0.35% 4,234 $521K Add +30.8%
PLD Prologis Inc. 0.34% 3,810 $516K No change
BDX Becton Dickinson and Co. 0.33% 3,265 $494K New
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C 0.31% 5,396 $469K Reduce -1.8%
MDT Medtronic PLC 0.29% 5,466 $428K No change
SPGI S&P Global Inc. 0.28% 1,017 $414K No change
CNI Canadian Natl Railway Co. 0.26% 3,265 $389K Add +0.1%
CPRT Copart Inc. 0.25% 13,082 $369K Reduce -0.8%
ALL Allstate Corp. 0.23% 1,476 $351K No change
YUMC Yum China Holdings Inc. 0.23% 8,278 $338K New
BAC Bank of America Corp. 0.19% 5,060 $288K Add +4.1%
MTB M & T Bank Corp. filed as M & T BK CORP 0.19% 1,175 $280K No change
PYPL PayPal Holdings Inc. 0.18% 6,290 $272K No change
LEG Leggett & Platt Inc. 0.17% 22,292 $261K Reduce -2.7%
GOOGL Alphabet Inc. Class A 0.17% 730 $261K No change
BMO Bank of Montreal filed as BANK MONTREAL MEDIUM 0.14% 1,215 $215K New
SYY Sysco Corp. 0.13% 2,415 $202K New
FLG Flagstar Bank NA 0.13% 12,900 $193K No change

Options reported separately and not counted above: SPY calls ($96.6M).

Portfolio Sells Q1 2026 → Q2 2026
CASY Casey's General Stores Inc. Sold out 0.00% −0.89
HAL Halliburton Co. Sold out 0.00% −0.26
LHX L3HARRIS Technologies Inc. Reduce -0.7% 0.80% −0.24
CRCL Circle Internet Group Inc. Reduce -0.2% 0.36% −0.24
SLB SLB Ltd. Sold out 0.00% −0.20
RTX RTX Corp. Reduce -1.8% 1.08% −0.14
WFC Wells Fargo & Co. Reduce -1.8% 1.63% −0.11
JNJ Johnson & Johnson Reduce -0.5% 1.88% −0.10
AOS Smith (a.o.) Corp. Reduce -1.8% 0.59% −0.10
PG The Procter & Gamble Co. Reduce -0.6% 1.07% −0.08
CPRT Copart Inc. Reduce -0.8% 0.25% −0.07
CNH CNH Industrial NV Reduce -3.2% 0.70% −0.07
ITW Illinois Tool Works Reduce -0.2% 1.41% −0.07
GD General Dynamics Corp. Reduce -0.5% 0.93% −0.06
ADM Archer-Daniels-Midland Co. Reduce -0.7% 0.78% −0.03
BA The Boeing Co. Reduce -2.0% 1.12% −0.02
TFC Truist Financial Corp. Reduce -0.8% 1.01% −0.01
UPS United Parcel Service Class B Reduce -1.5% 0.57% −0.01
LEG Leggett & Platt Inc. Reduce -2.7% 0.17% +0.01
PPG PPG Industries Inc. Reduce -1.3% 0.50% +0.01
BNS Bank of Nova Scotia Reduce -1.8% 0.31% +0.04
JPM JPMorgan Chase & Co. Reduce -0.1% 2.14% +0.04
USB US Bancorp Reduce -0.7% 1.19% +0.07
FITB Fifth Third Bancorp Reduce -1.0% 1.47% +0.14
GOOG Alphabet Inc. Class C Reduce -0.1% 5.95% +0.68

Portfolio Buys Q1 2026 → Q2 2026
LAMR Lamar Advertising Co. Class A Add +388.9% 0.85% +0.70
UNH Unitedhealth Group Inc. Add +0.1% 1.82% +0.53
PAG Penske Automotive Group Inc. Add +1.1% 3.30% +0.33
BDX Becton Dickinson and Co. New 0.33% +0.33
SLG SL Green Realty Corp. Add +7.9% 1.08% +0.30
AGM Federal Agric MTG Corp. Class C Add +3.5% 1.09% +0.24
YUMC Yum China Holdings Inc. New 0.23% +0.23
BMO Bank of Montreal New 0.14% +0.14
SYY Sysco Corp. New 0.13% +0.13
TRV The Travelers Cos Inc. Add +0.1% 3.32% +0.13
SWK Stanley Black & Decker Inc. Add +2.5% 0.60% +0.12
V Visa Inc. Class A Add +1.3% 2.15% +0.12
AMZN Amazon.com Inc. Add +2.1% 1.32% +0.09
MPLX MPLX LP Add +13.8% 1.84% +0.06
AXP American Express Co. Add +0.0% 2.05% +0.05
AFG American Financial Group Inc. Add +5.5% 0.77% +0.05
GPC Genuine Parts Co. Add +1.4% 1.07% +0.04
BAC Bank of America Corp. Add +4.1% 0.19% +0.02
CNI Canadian Natl Railway Co. Add +0.1% 0.26% +0.02
PM Philip Morris International Add +0.1% 2.17% +0.01
NNN NNN REIT Inc. Add +0.3% 0.35% +0.01
MO Altria Group Inc. Add +0.0% 1.34% +0.00
OKE Oneok Inc. Add +12.9% 0.57% −0.00
PAYX Paychex Inc. Add +0.1% 0.61% −0.01
INTU Intuit Inc. Add +75.3% 0.49% −0.01
ADBE Adobe Inc. Add +23.6% 0.48% −0.02
ICE Intercontinental Exchange Inc. Add +30.8% 0.35% −0.02
WPC WP Carey Inc. Add +0.0% 0.67% −0.02
FNF Fidelity National Financial Add +3.6% 0.88% −0.03
WRB WR Berkley Corp. Add +0.0% 1.37% −0.03
ORI Old Republic Intl Corp. Add +3.2% 1.61% −0.05
O Realty Income Corp. Add +0.2% 1.04% −0.08
AMT American Tower Corp. Add +0.8% 0.64% −0.09
PCAR Paccar Inc. Add +0.1% 2.00% −0.09
ENB Enbridge Inc. Add +0.1% 1.18% −0.10
MA Mastercard Inc. Class A Add +0.1% 2.04% −0.12
CCI Crown Castle Inc. Add +0.3% 0.78% −0.13
EPD Enterprise Products Partners Add +4.3% 2.07% −0.15
MSFT Microsoft Corp. Add +1.6% 3.41% −0.21
META Meta Platforms Inc. Class A Add +2.3% 3.01% −0.24
CME Cme Group Inc. Add +6.4% 1.00% −0.37

Options Activity Q1 2026 → Q2 2026
SPY SS SPDR S&P 500 ETF Trust-US call Add +13.1% 129,300 $96.6M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 92$149.7MGOOG, MSFT, TRV, PAG, META
Q1 2026 91$137.5MGOOG, MSFT, META, TRV, PAG
Q4 2025 90$146.0MGOOG, MSFT, META, TRV, PAG
Q3 2025 84$139.9MMSFT, GOOG, CAT, META, PH
Q2 2025 83$134.3MMSFT, META, CAT, GOOG, PH
Q1 2025 85$124.4MMSFT, META, TRV, GOOG, CAT
Q4 2024 87$127.3MMSFT, GOOG, CAT, META, PH
Q3 2024 84$128.3MMSFT, CAT, GOOG, META, PH
Q2 2024 78$114.5MMSFT, GOOG, CAT, META, TRV
Q1 2024 83$122.8MMSFT, CAT, MTB, GOOG, TRV