Applied Capital LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 1, 2025), Applied Capital LLC reported 85 stock positions worth $124.4 million. Its top holding was Microsoft (MSFT) at 3.8% of the portfolio, followed by Meta Platforms Class A (META, 3.4%) and Travelers Cos (TRV, 3.4%). Compared with Q4 2024, it opened 4 new positions, sold out of 6, added to 26 and reduced 48. The biggest buy was Philip Morris International (PM, shares +5%) and the biggest sale an exit from Home Depot (HD).
- Most Recent 13F
- Q2 2026
- Location
- HOLLYWOOD, FL
- CIK
- 0001965393
- Portfolio Value
- $124.4M (Q1 2025)
- SEC Filing
- 0001172661-25-001549 ↗ filed May 1, 2025
Holdings Value
Holdings 85 stocks · $124.4M
| MSFT Microsoft Corp. | 3.77% | 12,506 | $4.7M | Reduce -0.4% |
| META Meta Platforms Inc. Class A | 3.44% | 7,425 | $4.3M | Add +1.4% |
| TRV The Travelers Cos Inc. | 3.42% | 16,099 | $4.3M | Reduce -0.4% |
| GOOG Alphabet Inc. Class C | 3.18% | 25,293 | $4.0M | Add +0.1% |
| CAT Caterpillar Inc. | 3.16% | 11,928 | $3.9M | Reduce -3.5% |
| PH Parker Hannifin Corp. | 3.06% | 6,255 | $3.8M | Reduce -0.5% |
| WSO Watsco Inc. | 2.82% | 6,897 | $3.5M | Reduce -0.1% |
| PAG Penske Automotive Group Inc. | 2.75% | 23,749 | $3.4M | Add +9.9% |
| MA Mastercard Inc. Class A | 2.65% | 6,028 | $3.3M | No change |
| V Visa Inc. Class A | 2.65% | 9,413 | $3.3M | Add +0.0% |
| PM Philip Morris International | 2.25% | 17,672 | $2.8M | Add +4.5% |
| MCO Moody's Corp. | 2.17% | 5,810 | $2.7M | Reduce -0.7% |
| JPM JPMorgan Chase & Co. | 2.03% | 10,314 | $2.5M | Reduce -0.5% |
| AXP American Express Co. | 1.98% | 9,175 | $2.5M | Reduce -0.4% |
| PCAR Paccar Inc. | 1.97% | 25,210 | $2.5M | Add +0.5% |
| NDAQ Nasdaq Inc. | 1.93% | 31,722 | $2.4M | Reduce -0.8% |
| UNH Unitedhealth Group Inc. | 1.89% | 4,490 | $2.4M | Reduce -0.1% |
| WFC Wells Fargo & Co. | 1.81% | 31,440 | $2.3M | Reduce -0.5% |
| EPD Enterprise Products Partners | 1.77% | 64,561 | $2.2M | Add +2.6% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 1.68% | 29,385 | $2.1M | Reduce -0.1% |
| CMI Cummins Inc. | 1.64% | 6,504 | $2.0M | Reduce -0.3% |
| ITW Illinois Tool Works | 1.62% | 8,142 | $2.0M | Reduce -0.3% |
| PG The Procter & Gamble Co. | 1.61% | 11,786 | $2.0M | Reduce -0.5% |
| JNJ Johnson & Johnson | 1.57% | 11,787 | $2.0M | Reduce -1.3% |
| RY Royal Bank of Canada | 1.53% | 16,934 | $1.9M | Reduce -0.5% |
| CINF Cincinnati Financial Corp. | 1.38% | 11,660 | $1.7M | Reduce -0.6% |
| MO Altria Group Inc. | 1.35% | 27,953 | $1.7M | Reduce -0.2% |
| FNF Fidelity National Financial | 1.34% | 25,715 | $1.7M | Reduce -0.5% |
| FITB Fifth Third Bancorp | 1.28% | 40,483 | $1.6M | Reduce -0.5% |
| CME Cme Group Inc. | 1.27% | 5,947 | $1.6M | Add +2.9% |
| CCI Crown Castle Inc. | 1.27% | 15,131 | $1.6M | Add +23.9% |
| GPC Genuine Parts Co. | 1.24% | 12,909 | $1.5M | Add +2.9% |
| ADP Automatic Data Processing | 1.20% | 4,881 | $1.5M | Reduce -0.5% |
| ENB Enbridge Inc. | 1.15% | 32,380 | $1.4M | Add +1.4% |
| TD Toronto-Dominion Bank | 1.15% | 23,858 | $1.4M | Reduce -0.4% |
| BA The Boeing Co. | 1.11% | 8,100 | $1.4M | Reduce -0.5% |
| MMM 3M Co. | 1.07% | 9,100 | $1.3M | Reduce -0.6% |
| CNH CNH Industrial NV | 1.05% | 106,497 | $1.3M | Reduce -0.7% |
| CB Chubb Ltd. | 1.05% | 4,329 | $1.3M | Reduce -1.1% |
| ORI Old Republic Intl Corp. | 1.05% | 33,303 | $1.3M | Add +22.4% |
| USB US Bancorp | 1.05% | 30,823 | $1.3M | Reduce -0.3% |
| TFC Truist Financial Corp. | 1.04% | 31,513 | $1.3M | Reduce -0.1% |
| O Realty Income Corp. | 1.02% | 21,946 | $1.3M | Add +1.3% |
| APD Air Products & Chemicals Inc. | 1.02% | 4,301 | $1.3M | Reduce -0.3% |
| GD General Dynamics Corp. | 0.98% | 4,493 | $1.2M | Reduce -0.7% |
| AGM Federal Agric MTG Corp. Class C | 0.97% | 6,461 | $1.2M | Add +0.2% |
| RTX RTX Corp. | 0.95% | 8,918 | $1.2M | Reduce -0.2% |
| AMT American Tower Corp. | 0.81% | 4,625 | $1.0M | Add +93.3% |
| BTI British American Tob-SP ADR | 0.77% | 23,284 | $963K | Add +1.1% |
| YUMC Yum China Holdings Inc. | 0.77% | 18,483 | $962K | Add +1.9% |
| UPS United Parcel Service Class B | 0.77% | 8,714 | $958K | Reduce -0.2% |
| BABA Alibaba Group Holding-SP ADR | 0.77% | 7,238 | $957K | Add +6.7% |
| AOS Smith (a.o.) Corp. | 0.77% | 14,599 | $954K | Reduce -0.8% |
| MPLX MPLX LP | 0.76% | 17,570 | $940K | Add +101.4% |
| LHX L3HARRIS Technologies Inc. | 0.75% | 4,488 | $939K | Reduce -1.6% |
| CRH CRH PLC | 0.72% | 10,175 | $895K | Add +2.9% |
| ADC Agree Realty Corp. | 0.69% | 11,163 | $862K | Reduce -0.5% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.65% | 820 | $810K | No change |
| SWK Stanley Black & Decker Inc. | 0.60% | 9,665 | $743K | Reduce -0.5% |
| PPG PPG Industries Inc. | 0.56% | 6,370 | $697K | Reduce -1.2% |
| CPRT Copart Inc. | 0.55% | 12,175 | $689K | Reduce -0.4% |
| ADM Archer-Daniels-Midland Co. | 0.52% | 13,505 | $648K | New |
| WPC WP Carey Inc. | 0.48% | 9,535 | $602K | Add +82.4% |
| ICE Intercontinental Exchange Inc. | 0.46% | 3,337 | $576K | Reduce -2.3% |
| MDT Medtronic PLC | 0.42% | 5,795 | $521K | Reduce -2.0% |
| SPGI S&P Global Inc. | 0.42% | 1,017 | $517K | Reduce -1.4% |
| AFG American Financial Group Inc. | 0.38% | 3,599 | $473K | New |
| INTC Intel Corp. | 0.35% | 19,387 | $440K | Reduce -1.1% |
| KMI Kinder Morgan Inc. | 0.29% | 12,761 | $364K | New |
| WBA Walgreens Boots Alliance Inc. | 0.28% | 31,706 | $354K | Add +1.1% |
| ALL Allstate Corp. | 0.28% | 1,701 | $352K | No change |
| PLD Prologis Inc. | 0.27% | 2,990 | $334K | New |
| C Citigroup Inc. | 0.24% | 4,254 | $302K | Reduce -1.2% |
| PYPL PayPal Holdings Inc. | 0.24% | 4,600 | $300K | Reduce -0.7% |
| CNI Canadian Natl Railway Co. | 0.23% | 2,938 | $286K | Add +0.7% |
| CASY Casey's General Stores Inc. | 0.23% | 659 | $286K | Add +4.4% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 0.21% | 5,616 | $266K | No change |
| MUSA Murphy USA Inc. | 0.21% | 557 | $262K | Add +5.9% |
| ADBE Adobe Inc. | 0.19% | 632 | $242K | Reduce -0.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.17% | 5,059 | $211K | No change |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.17% | 1,175 | $210K | No change |
| SYK Stryker Corp. | 0.16% | 545 | $203K | Reduce -2.7% |
| SYY Sysco Corp. | 0.16% | 2,698 | $202K | No change |
| LEG Leggett & Platt Inc. | 0.16% | 25,441 | $201K | Reduce -1.5% |
| FLG Flagstar Bank NA | 0.13% | 13,565 | $158K | Add +0.3% |
Options reported separately and not counted above: SPY calls ($2.8M).
Portfolio Sells Q4 2024 → Q1 2025
| HD Home Depot Inc. | Sold out | 0.00% | −1.98 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −1.84 |
| FERG Ferguson Enterprises Inc. | Sold out | 0.00% | −1.05 |
| DE Deere & Co. | Sold out | 0.00% | −1.02 |
| MSFT Microsoft Corp. | Reduce -0.4% | 3.77% | −0.38 |
| CAT Caterpillar Inc. | Reduce -3.5% | 3.16% | −0.36 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.32 |
| COF Capital One Financial Corp. | Sold out | 0.00% | −0.19 |
| AXP American Express Co. | Reduce -0.4% | 1.98% | −0.16 |
| CMI Cummins Inc. | Reduce -0.3% | 1.64% | −0.15 |
| USB US Bancorp | Reduce -0.3% | 1.05% | −0.12 |
| UPS United Parcel Service Class B | Reduce -0.2% | 0.77% | −0.10 |
| PH Parker Hannifin Corp. | Reduce -0.5% | 3.06% | −0.09 |
| FITB Fifth Third Bancorp | Reduce -0.5% | 1.28% | −0.08 |
| RY Royal Bank of Canada | Reduce -0.5% | 1.53% | −0.08 |
| PYPL PayPal Holdings Inc. | Reduce -0.7% | 0.24% | −0.07 |
| PPG PPG Industries Inc. | Reduce -1.2% | 0.56% | −0.05 |
| TFC Truist Financial Corp. | Reduce -0.1% | 1.04% | −0.03 |
| LEG Leggett & Platt Inc. | Reduce -1.5% | 0.16% | −0.03 |
| ADBE Adobe Inc. | Reduce -0.8% | 0.19% | −0.03 |
| BA The Boeing Co. | Reduce -0.5% | 1.11% | −0.02 |
| AOS Smith (a.o.) Corp. | Reduce -0.8% | 0.77% | −0.02 |
| SWK Stanley Black & Decker Inc. | Reduce -0.5% | 0.60% | −0.02 |
| NDAQ Nasdaq Inc. | Reduce -0.8% | 1.93% | −0.01 |
| ITW Illinois Tool Works | Reduce -0.3% | 1.62% | −0.00 |
| MCO Moody's Corp. | Reduce -0.7% | 2.17% | −0.00 |
| LHX L3HARRIS Technologies Inc. | Reduce -1.6% | 0.75% | +0.00 |
| CPRT Copart Inc. | Reduce -0.4% | 0.55% | +0.00 |
| C Citigroup Inc. | Reduce -1.2% | 0.24% | +0.00 |
| SYK Stryker Corp. | Reduce -2.7% | 0.16% | +0.00 |
| SPGI S&P Global Inc. | Reduce -1.4% | 0.42% | +0.01 |
| APD Air Products & Chemicals Inc. | Reduce -0.3% | 1.02% | +0.04 |
| INTC Intel Corp. | Reduce -1.1% | 0.35% | +0.04 |
| MDT Medtronic PLC | Reduce -2.0% | 0.42% | +0.05 |
| GD General Dynamics Corp. | Reduce -0.7% | 0.98% | +0.05 |
| PG The Procter & Gamble Co. | Reduce -0.5% | 1.61% | +0.05 |
| CINF Cincinnati Financial Corp. | Reduce -0.6% | 1.38% | +0.06 |
| ICE Intercontinental Exchange Inc. | Reduce -2.3% | 0.46% | +0.06 |
| WFC Wells Fargo & Co. | Reduce -0.5% | 1.81% | +0.07 |
| ADP Automatic Data Processing | Reduce -0.5% | 1.20% | +0.07 |
| ADC Agree Realty Corp. | Reduce -0.5% | 0.69% | +0.07 |
| JPM JPMorgan Chase & Co. | Reduce -0.5% | 2.03% | +0.08 |
| CNH CNH Industrial NV | Reduce -0.7% | 1.05% | +0.10 |
| CB Chubb Ltd. | Reduce -1.1% | 1.05% | +0.10 |
| UNH Unitedhealth Group Inc. | Reduce -0.1% | 1.89% | +0.10 |
| RTX RTX Corp. | Reduce -0.2% | 0.95% | +0.14 |
| MMM 3M Co. | Reduce -0.6% | 1.07% | +0.14 |
| TD Toronto-Dominion Bank | Reduce -0.4% | 1.15% | +0.15 |
| MO Altria Group Inc. | Reduce -0.2% | 1.35% | +0.20 |
| FNF Fidelity National Financial | Reduce -0.5% | 1.34% | +0.21 |
Portfolio Buys Q4 2024 → Q1 2025
| PM Philip Morris International | Add +4.5% | 2.25% | +0.66 |
| ADM Archer-Daniels-Midland Co. | New | 0.52% | +0.52 |
| AMT American Tower Corp. | Add +93.3% | 0.81% | +0.46 |
| MPLX MPLX LP | Add +101.4% | 0.76% | +0.43 |
| CCI Crown Castle Inc. | Add +23.9% | 1.27% | +0.40 |
| AFG American Financial Group Inc. | New | 0.38% | +0.38 |
| BABA Alibaba Group Holding-SP ADR | Add +6.7% | 0.77% | +0.32 |
| V Visa Inc. Class A | Add +0.0% | 2.65% | +0.31 |
| KMI Kinder Morgan Inc. | New | 0.29% | +0.29 |
| ORI Old Republic Intl Corp. | Add +22.4% | 1.05% | +0.28 |
| PLD Prologis Inc. | New | 0.27% | +0.27 |
| WPC WP Carey Inc. | Add +82.4% | 0.48% | +0.26 |
| EPD Enterprise Products Partners | Add +2.6% | 1.77% | +0.22 |
| CME Cme Group Inc. | Add +2.9% | 1.27% | +0.21 |
| PAG Penske Automotive Group Inc. | Add +9.9% | 2.75% | +0.16 |
| BTI British American Tob-SP ADR | Add +1.1% | 0.77% | +0.12 |
| O Realty Income Corp. | Add +1.3% | 1.02% | +0.11 |
| ENB Enbridge Inc. | Add +1.4% | 1.15% | +0.09 |
| YUMC Yum China Holdings Inc. | Add +1.9% | 0.77% | +0.09 |
| GPC Genuine Parts Co. | Add +2.9% | 1.24% | +0.08 |
| META Meta Platforms Inc. Class A | Add +1.4% | 3.44% | +0.07 |
| WBA Walgreens Boots Alliance Inc. | Add +1.1% | 0.28% | +0.05 |
| CASY Casey's General Stores Inc. | Add +4.4% | 0.23% | +0.03 |
| FLG Flagstar Bank NA | Add +0.3% | 0.13% | +0.03 |
| MUSA Murphy USA Inc. | Add +5.9% | 0.21% | +0.00 |
| CRH CRH PLC | Add +2.9% | 0.72% | +0.00 |
| CNI Canadian Natl Railway Co. | Add +0.7% | 0.23% | −0.00 |
| AGM Federal Agric MTG Corp. Class C | Add +0.2% | 0.97% | −0.02 |
| PCAR Paccar Inc. | Add +0.5% | 1.97% | −0.08 |
| GOOG Alphabet Inc. Class C | Add +0.1% | 3.18% | −0.60 |
Options Activity Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +66.7% | 5,000 | $2.8M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 92 | $149.7M | GOOG, MSFT, TRV, PAG, META |
| Q1 2026 | 91 | $137.5M | GOOG, MSFT, META, TRV, PAG |
| Q4 2025 | 90 | $146.0M | GOOG, MSFT, META, TRV, PAG |
| Q3 2025 | 84 | $139.9M | MSFT, GOOG, CAT, META, PH |
| Q2 2025 | 83 | $134.3M | MSFT, META, CAT, GOOG, PH |
| Q1 2025 | 85 | $124.4M | MSFT, META, TRV, GOOG, CAT |
| Q4 2024 | 87 | $127.3M | MSFT, GOOG, CAT, META, PH |
| Q3 2024 | 84 | $128.3M | MSFT, CAT, GOOG, META, PH |
| Q2 2024 | 78 | $114.5M | MSFT, GOOG, CAT, META, TRV |
| Q1 2024 | 83 | $122.8M | MSFT, CAT, MTB, GOOG, TRV |