Applied Capital LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 7, 2026), Applied Capital LLC reported 91 stock positions worth $137.5 million. Its top holding was Alphabet Class C (GOOG) at 5.3% of the portfolio, followed by Microsoft (MSFT, 3.6%) and Meta Platforms Class A (META, 3.3%). Compared with Q4 2025, it opened 4 new positions, sold out of 3, added to 29 and reduced 54. The biggest buy was a new position in Oneok (OKE) and the biggest sale an exit from Caterpillar (CAT).
- Most Recent 13F
- Q2 2026
- Location
- HOLLYWOOD, FL
- CIK
- 0001965393
- Portfolio Value
- $137.5M (Q1 2026)
- SEC Filing
- 0001172661-26-001622 ↗ filed May 7, 2026
Holdings Value
Holdings 91 stocks · $137.5M
| GOOG Alphabet Inc. Class C | 5.27% | 25,253 | $7.2M | Reduce -9.1% |
| MSFT Microsoft Corp. | 3.63% | 13,469 | $5.0M | Add +3.0% |
| META Meta Platforms Inc. Class A | 3.25% | 7,813 | $4.5M | Reduce -5.4% |
| TRV The Travelers Cos Inc. | 3.19% | 15,052 | $4.4M | Reduce -6.5% |
| PAG Penske Automotive Group Inc. | 2.97% | 27,326 | $4.1M | Add +1.6% |
| EPD Enterprise Products Partners | 2.23% | 80,959 | $3.1M | Add +3.9% |
| MA Mastercard Inc. Class A | 2.16% | 5,944 | $3.0M | Reduce -1.8% |
| PM Philip Morris International | 2.16% | 17,938 | $3.0M | Reduce -2.8% |
| PCAR Paccar Inc. | 2.09% | 24,924 | $2.9M | Reduce -3.1% |
| JPM JPMorgan Chase & Co. | 2.09% | 9,781 | $2.9M | Reduce -5.2% |
| V Visa Inc. Class A | 2.04% | 9,269 | $2.8M | Reduce -2.1% |
| AXP American Express Co. | 2.00% | 9,068 | $2.7M | Reduce -1.7% |
| JNJ Johnson & Johnson | 1.98% | 11,118 | $2.7M | Reduce -5.5% |
| NDAQ Nasdaq Inc. | 1.94% | 31,409 | $2.7M | Reduce -1.1% |
| WSO Watsco Inc. | 1.93% | 7,295 | $2.7M | Reduce -1.5% |
| RY Royal Bank of Canada | 1.91% | 16,214 | $2.6M | Reduce -4.0% |
| MCO Moody's Corp. | 1.78% | 5,618 | $2.5M | Reduce -3.3% |
| MPLX MPLX LP | 1.78% | 42,930 | $2.5M | Add +19.6% |
| WFC Wells Fargo & Co. | 1.74% | 30,124 | $2.4M | Reduce -3.4% |
| ORI Old Republic Intl Corp. | 1.65% | 56,870 | $2.3M | Add +15.5% |
| TD Toronto-Dominion Bank | 1.56% | 23,051 | $2.2M | Reduce -4.1% |
| ITW Illinois Tool Works | 1.48% | 7,817 | $2.0M | Reduce -3.9% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 1.40% | 29,068 | $1.9M | Reduce -2.0% |
| CME Cme Group Inc. | 1.37% | 6,374 | $1.9M | Add +1.0% |
| FERG Ferguson Enterprises Inc. | 1.34% | 7,922 | $1.8M | Reduce -2.5% |
| MO Altria Group Inc. | 1.34% | 27,829 | $1.8M | Reduce -3.6% |
| FITB Fifth Third Bancorp | 1.33% | 39,489 | $1.8M | Reduce -2.0% |
| CINF Cincinnati Financial Corp. | 1.32% | 11,520 | $1.8M | Reduce -0.9% |
| ENB Enbridge Inc. | 1.29% | 32,658 | $1.8M | Reduce -1.0% |
| UNH Unitedhealth Group Inc. | 1.28% | 6,527 | $1.8M | Add +5.9% |
| AMZN Amazon.com Inc. | 1.23% | 8,124 | $1.7M | Add +23.9% |
| RTX RTX Corp. | 1.21% | 8,647 | $1.7M | Reduce -3.0% |
| PG The Procter & Gamble Co. | 1.15% | 10,986 | $1.6M | Reduce -4.8% |
| BA The Boeing Co. | 1.15% | 7,908 | $1.6M | Reduce -2.2% |
| USB US Bancorp | 1.13% | 29,777 | $1.5M | Reduce -2.9% |
| O Realty Income Corp. | 1.11% | 25,006 | $1.5M | Reduce -1.6% |
| CB Chubb Ltd. | 1.09% | 4,609 | $1.5M | Add +6.2% |
| LHX L3HARRIS Technologies Inc. | 1.04% | 4,152 | $1.4M | Reduce -5.2% |
| GPC Genuine Parts Co. | 1.03% | 13,384 | $1.4M | Add +1.1% |
| TFC Truist Financial Corp. | 1.02% | 30,552 | $1.4M | Reduce -2.7% |
| BTI British American Tob-SP ADR | 1.00% | 23,406 | $1.4M | Reduce -2.0% |
| GD General Dynamics Corp. | 0.99% | 3,964 | $1.4M | Reduce -4.3% |
| APD Air Products & Chemicals Inc. | 0.94% | 4,459 | $1.3M | Reduce -3.6% |
| MMM 3M Co. | 0.94% | 8,878 | $1.3M | Reduce -2.3% |
| CCI Crown Castle Inc. | 0.91% | 15,417 | $1.3M | Add +1.0% |
| FNF Fidelity National Financial | 0.91% | 26,980 | $1.3M | Add +2.4% |
| CASY Casey's General Stores Inc. | 0.89% | 1,672 | $1.2M | Add +1.1% |
| AGM Federal Agric MTG Corp. Class C | 0.86% | 7,944 | $1.2M | Add +6.5% |
| ADM Archer-Daniels-Midland Co. | 0.81% | 15,386 | $1.1M | Reduce -4.0% |
| CRH CRH PLC | 0.79% | 10,294 | $1.1M | Reduce -2.4% |
| SLG SL Green Realty Corp. | 0.78% | 28,991 | $1.1M | Add +288.5% |
| CNH CNH Industrial NV | 0.77% | 96,388 | $1.1M | Reduce -4.5% |
| ADP Automatic Data Processing | 0.74% | 4,991 | $1.0M | Add +0.3% |
| AMT American Tower Corp. | 0.73% | 5,851 | $1.0M | Add +6.3% |
| AFG American Financial Group Inc. | 0.73% | 7,832 | $1.0M | Add +11.3% |
| CVX Chevron Corp. | 0.72% | 4,757 | $984K | Add +14.9% |
| WPC WP Carey Inc. | 0.69% | 14,057 | $955K | Reduce -0.7% |
| AOS Smith (a.o.) Corp. | 0.68% | 14,252 | $940K | Reduce -1.4% |
| MUSA Murphy USA Inc. | 0.68% | 1,891 | $934K | Reduce -0.8% |
| PAYX Paychex Inc. | 0.62% | 9,303 | $857K | Add +3.4% |
| GWW WW Grainger Inc. | 0.62% | 780 | $851K | No change |
| CRCL Circle Internet Group Inc. | 0.60% | 8,712 | $831K | Add +25.9% |
| ADC Agree Realty Corp. | 0.60% | 10,892 | $821K | Reduce -2.3% |
| UPS United Parcel Service Class B | 0.58% | 8,123 | $799K | Reduce -5.0% |
| OKE Oneok Inc. | 0.57% | 8,639 | $781K | New |
| KMI Kinder Morgan Inc. | 0.51% | 20,949 | $702K | Add +8.4% |
| ADBE Adobe Inc. | 0.50% | 2,855 | $694K | Add +13.5% |
| INTU Intuit Inc. | 0.50% | 1,604 | $694K | New |
| XOM Exxon Mobil Corp. | 0.50% | 4,025 | $683K | Add +29.6% |
| PPG PPG Industries Inc. | 0.49% | 6,311 | $675K | Reduce -1.5% |
| SWK Stanley Black & Decker Inc. | 0.48% | 9,342 | $664K | Reduce -3.4% |
| MAA Mid-America Apartment Comm | 0.43% | 4,793 | $585K | Add +17.0% |
| ICE Intercontinental Exchange Inc. | 0.37% | 3,237 | $509K | Reduce -3.0% |
| PLD Prologis Inc. | 0.37% | 3,810 | $504K | Reduce -2.6% |
| NNN NNN REIT Inc. | 0.35% | 11,320 | $476K | New |
| MDT Medtronic PLC | 0.34% | 5,466 | $474K | Reduce -1.8% |
| CPRT Copart Inc. | 0.32% | 13,182 | $438K | Add +5.7% |
| C Citigroup Inc. | 0.32% | 3,849 | $437K | Reduce -6.0% |
| SPGI S&P Global Inc. | 0.31% | 1,017 | $433K | No change |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C | 0.28% | 5,496 | $381K | Reduce -2.1% |
| HAL Halliburton Co. | 0.26% | 9,220 | $359K | Reduce -4.2% |
| CNI Canadian Natl Railway Co. | 0.24% | 3,263 | $335K | Add +10.5% |
| ALL Allstate Corp. | 0.22% | 1,476 | $306K | Reduce -7.5% |
| PYPL PayPal Holdings Inc. | 0.21% | 6,290 | $284K | Add +43.0% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.20% | 5,443 | $280K | Reduce -4.4% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.18% | 1,175 | $243K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.17% | 4,860 | $237K | No change |
| LEG Leggett & Platt Inc. | 0.16% | 22,912 | $226K | Reduce -3.6% |
| LAMR Lamar Advertising Co. Class A | 0.15% | 1,672 | $212K | New |
| GOOGL Alphabet Inc. Class A | 0.15% | 730 | $210K | Add +7.3% |
| FLG Flagstar Bank NA | 0.12% | 12,900 | $170K | Reduce -6.1% |
Options reported separately and not counted above: SPY calls ($74.3M).
Portfolio Sells Q4 2025 → Q1 2026
| CAT Caterpillar Inc. | Sold out | 0.00% | −2.84 |
| GOOG Alphabet Inc. Class C | Reduce -9.1% | 5.27% | −0.71 |
| CMI Cummins Inc. | Sold out | 0.00% | −0.63 |
| META Meta Platforms Inc. Class A | Reduce -5.4% | 3.25% | −0.48 |
| AXP American Express Co. | Reduce -1.7% | 2.00% | −0.34 |
| MCO Moody's Corp. | Reduce -3.3% | 1.78% | −0.25 |
| WFC Wells Fargo & Co. | Reduce -3.4% | 1.74% | −0.25 |
| V Visa Inc. Class A | Reduce -2.1% | 2.04% | −0.24 |
| MA Mastercard Inc. Class A | Reduce -1.8% | 2.16% | −0.21 |
| JPM JPMorgan Chase & Co. | Reduce -5.2% | 2.09% | −0.18 |
| INTC Intel Corp. | Sold out | 0.00% | −0.18 |
| NDAQ Nasdaq Inc. | Reduce -1.1% | 1.94% | −0.17 |
| CRH CRH PLC | Reduce -2.4% | 0.79% | −0.11 |
| RY Royal Bank of Canada | Reduce -4.0% | 1.91% | −0.06 |
| MMM 3M Co. | Reduce -2.3% | 0.94% | −0.06 |
| BA The Boeing Co. | Reduce -2.2% | 1.15% | −0.06 |
| TFC Truist Financial Corp. | Reduce -2.7% | 1.02% | −0.04 |
| WRB WR Berkley Corp. | Reduce -2.0% | 1.40% | −0.02 |
| MDT Medtronic PLC | Reduce -1.8% | 0.34% | −0.02 |
| LEG Leggett & Platt Inc. | Reduce -3.6% | 0.16% | −0.01 |
| C Citigroup Inc. | Reduce -6.0% | 0.32% | −0.01 |
| SWK Stanley Black & Decker Inc. | Reduce -3.4% | 0.48% | −0.01 |
| BNS Bank of Nova Scotia | Reduce -2.1% | 0.28% | −0.01 |
| ALL Allstate Corp. | Reduce -7.5% | 0.22% | −0.01 |
| TRV The Travelers Cos Inc. | Reduce -6.5% | 3.19% | −0.00 |
| ICE Intercontinental Exchange Inc. | Reduce -3.0% | 0.37% | +0.00 |
| UPS United Parcel Service Class B | Reduce -5.0% | 0.58% | +0.00 |
| FLG Flagstar Bank NA | Reduce -6.1% | 0.12% | +0.01 |
| USB US Bancorp | Reduce -2.9% | 1.13% | +0.01 |
| TD Toronto-Dominion Bank | Reduce -4.1% | 1.56% | +0.01 |
| CINF Cincinnati Financial Corp. | Reduce -0.9% | 1.32% | +0.02 |
| PG The Procter & Gamble Co. | Reduce -4.8% | 1.15% | +0.02 |
| AOS Smith (a.o.) Corp. | Reduce -1.4% | 0.68% | +0.02 |
| PLD Prologis Inc. | Reduce -2.6% | 0.37% | +0.02 |
| GD General Dynamics Corp. | Reduce -4.3% | 0.99% | +0.03 |
| PPG PPG Industries Inc. | Reduce -1.5% | 0.49% | +0.04 |
| FITB Fifth Third Bancorp | Reduce -2.0% | 1.33% | +0.04 |
| ADC Agree Realty Corp. | Reduce -2.3% | 0.60% | +0.05 |
| SLB SLB Ltd. | Reduce -4.4% | 0.20% | +0.05 |
| BTI British American Tob-SP ADR | Reduce -2.0% | 1.00% | +0.07 |
| WPC WP Carey Inc. | Reduce -0.7% | 0.69% | +0.07 |
| HAL Halliburton Co. | Reduce -4.2% | 0.26% | +0.08 |
| RTX RTX Corp. | Reduce -3.0% | 1.21% | +0.09 |
| FERG Ferguson Enterprises Inc. | Reduce -2.5% | 1.34% | +0.11 |
| ITW Illinois Tool Works | Reduce -3.9% | 1.48% | +0.11 |
| PM Philip Morris International | Reduce -2.8% | 2.16% | +0.13 |
| O Realty Income Corp. | Reduce -1.6% | 1.11% | +0.13 |
| CNH CNH Industrial NV | Reduce -4.5% | 0.77% | +0.13 |
| MUSA Murphy USA Inc. | Reduce -0.8% | 0.68% | +0.15 |
| APD Air Products & Chemicals Inc. | Reduce -3.6% | 0.94% | +0.16 |
Portfolio Buys Q4 2025 → Q1 2026
| OKE Oneok Inc. | New | 0.57% | +0.57 |
| SLG SL Green Realty Corp. | Add +288.5% | 0.78% | +0.54 |
| EPD Enterprise Products Partners | Add +3.9% | 2.23% | +0.52 |
| INTU Intuit Inc. | New | 0.50% | +0.50 |
| MPLX MPLX LP | Add +19.6% | 1.78% | +0.47 |
| NNN NNN REIT Inc. | New | 0.35% | +0.35 |
| CVX Chevron Corp. | Add +14.9% | 0.72% | +0.28 |
| CASY Casey's General Stores Inc. | Add +1.1% | 0.89% | +0.26 |
| XOM Exxon Mobil Corp. | Add +29.6% | 0.50% | +0.24 |
| CRCL Circle Internet Group Inc. | Add +25.9% | 0.60% | +0.23 |
| AMZN Amazon.com Inc. | Add +23.9% | 1.23% | +0.19 |
| CME Cme Group Inc. | Add +1.0% | 1.37% | +0.19 |
| CB Chubb Ltd. | Add +6.2% | 1.09% | +0.17 |
| LAMR Lamar Advertising Co. Class A | New | 0.15% | +0.15 |
| KMI Kinder Morgan Inc. | Add +8.4% | 0.51% | +0.15 |
| ORI Old Republic Intl Corp. | Add +15.5% | 1.65% | +0.11 |
| AMT American Tower Corp. | Add +6.3% | 0.73% | +0.07 |
| AFG American Financial Group Inc. | Add +11.3% | 0.73% | +0.07 |
| PAG Penske Automotive Group Inc. | Add +1.6% | 2.97% | +0.05 |
| CNI Canadian Natl Railway Co. | Add +10.5% | 0.24% | +0.04 |
| MAA Mid-America Apartment Comm | Add +17.0% | 0.43% | +0.04 |
| PYPL PayPal Holdings Inc. | Add +43.0% | 0.21% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +7.3% | 0.15% | +0.01 |
| CPRT Copart Inc. | Add +5.7% | 0.32% | −0.02 |
| CCI Crown Castle Inc. | Add +1.0% | 0.91% | −0.02 |
| AGM Federal Agric MTG Corp. Class C | Add +6.5% | 0.86% | −0.04 |
| PAYX Paychex Inc. | Add +3.4% | 0.62% | −0.07 |
| FNF Fidelity National Financial | Add +2.4% | 0.91% | −0.08 |
| GPC Genuine Parts Co. | Add +1.1% | 1.03% | −0.09 |
| ADBE Adobe Inc. | Add +13.5% | 0.50% | −0.10 |
| UNH Unitedhealth Group Inc. | Add +5.9% | 1.28% | −0.11 |
| ADP Automatic Data Processing | Add +0.3% | 0.74% | −0.14 |
| MSFT Microsoft Corp. | Add +3.0% | 3.63% | −0.70 |
Options Activity Q4 2025 → Q1 2026
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +241.2% | 114,300 | $74.3M |
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 |