Bahl & Gaynor LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Bahl & Gaynor LLC reported 337 stock positions worth $19.6 billion. Its top holding was Procter & Gamble (PG) at 3.7% of the portfolio, followed by Broadcom (AVGO, 3.7%) and Eli Lilly (LLY, 3.6%). Compared with Q4 2024, it opened 12 new positions, sold out of 11, added to 122 and reduced 157. The biggest buy was Williams Cos (WMB, shares +34%) and the biggest sale Broadcom (AVGO, shares −18%).
- Most Recent 13F
- Q2 2026
- Location
- CINCINNATI, OH
- CIK
- 0000872259
- Portfolio Value
- $19.6B (Q1 2025)
- SEC Filing
- 0000872259-25-000005 ↗ filed May 14, 2025
Holdings Value
Holdings 337 stocks · $19.6B
| PG The Procter & Gamble Co. | 3.72% | 4,277,991 | $729.1M | Add +2.8% |
| AVGO Broadcom Inc. | 3.70% | 4,339,117 | $726.5M | Reduce -18.2% |
| LLY Eli Lilly & Co. | 3.55% | 844,400 | $697.4M | Reduce -0.9% |
| ABBV Abbvie Inc. | 3.52% | 3,298,466 | $691.1M | Reduce -1.3% |
| WMB Williams Cos Inc. | 3.44% | 11,287,921 | $674.6M | Add +34.0% |
| MSFT Microsoft Corp. | 3.07% | 1,604,730 | $602.4M | Reduce -1.1% |
| JPM JPMorgan Chase & Co. | 2.61% | 2,088,378 | $512.3M | Add +4.7% |
| MRSH Marsh & McLennan Cos | 2.44% | 1,960,496 | $478.4M | Add +2.9% |
| HD Home Depot Inc. | 2.36% | 1,265,292 | $463.7M | Reduce -1.7% |
| TRV The Travelers Cos Inc. | 2.26% | 1,679,275 | $444.1M | Add +41.2% |
| MDLZ Mondelez International Inc. Class A | 2.13% | 6,147,235 | $417.1M | Add +1.5% |
| NEE Nextera Energy Inc. | 2.08% | 5,753,427 | $407.9M | Reduce -1.5% |
| TXN Texas Instruments Inc. | 2.02% | 2,207,124 | $396.6M | Add +22.8% |
| CVX Chevron Corp. | 1.94% | 2,271,537 | $380.0M | Reduce -1.4% |
| JNJ Johnson & Johnson | 1.85% | 2,188,091 | $362.9M | Add +64.7% |
| PEP Pepsico Inc. | 1.77% | 2,317,774 | $347.5M | Reduce -9.2% |
| MCD McDonald's Corp. | 1.75% | 1,097,866 | $342.9M | Reduce -0.3% |
| MRK Merck & Co. Inc. | 1.71% | 3,740,595 | $335.8M | Reduce -13.4% |
| APD Air Products & Chemicals Inc. | 1.69% | 1,123,892 | $331.5M | Reduce -1.5% |
| ETN Eaton Corp. PLC | 1.67% | 1,204,589 | $327.4M | Add +15.5% |
| ADP Automatic Data Processing | 1.49% | 957,031 | $292.4M | Reduce -5.0% |
| SRE Sempra | 1.46% | 4,001,946 | $285.6M | Reduce -1.1% |
| BR Broadridge Financial Solutio | 1.44% | 1,168,351 | $283.3M | Add +3.4% |
| PNC PNC Financial Services Group | 1.43% | 1,591,813 | $279.8M | Reduce -12.2% |
| PAYX Paychex Inc. | 1.38% | 1,755,442 | $270.8M | Add +4.8% |
| HIG Hartford Insurance Group Inc. | 1.35% | 2,141,537 | $265.0M | Add +47.0% |
| LMT Lockheed Martin Corp. | 1.24% | 542,420 | $242.3M | Reduce -1.2% |
| TRGP Targa Resources Corp. | 0.95% | 932,440 | $186.9M | Add +6.4% |
| PSX Phillips 66 | 0.92% | 1,468,353 | $181.3M | Reduce -7.9% |
| CINF Cincinnati Financial Corp. | 0.88% | 1,169,676 | $172.8M | Add +4.4% |
| MSI Motorola Solutions Inc. | 0.87% | 388,866 | $170.2M | Add +1.5% |
| CTAS Cintas Corp. | 0.87% | 827,215 | $170.0M | Reduce -2.2% |
| AAPL Apple Inc. | 0.86% | 759,601 | $168.7M | Reduce -3.0% |
| ITW Illinois Tool Works | 0.86% | 678,156 | $168.2M | Add +0.2% |
| CME Cme Group Inc. | 0.85% | 630,540 | $167.3M | Add +2.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.82% | 1,325,389 | $161.4M | Add +2.1% |
| WSO Watsco Inc. | 0.75% | 290,327 | $147.6M | Add +15.4% |
| KDP Keurig Dr Pepper Inc. | 0.74% | 4,252,806 | $145.5M | Add +2.6% |
| UNH Unitedhealth Group Inc. | 0.74% | 277,048 | $145.1M | Add +17.7% |
| WEC WEC Energy Group Inc. | 0.73% | 1,319,511 | $143.8M | Add +40.0% |
| PPL PPL Corp. | 0.73% | 3,972,797 | $143.5M | Add +0.9% |
| XOM Exxon Mobil Corp. | 0.72% | 1,181,994 | $140.6M | Add +14.1% |
| O Realty Income Corp. | 0.71% | 2,409,181 | $139.8M | Reduce -24.7% |
| KMI Kinder Morgan Inc. | 0.68% | 4,708,438 | $134.3M | Add +0.1% |
| CSCO Cisco Systems Inc. | 0.67% | 2,134,787 | $131.7M | Reduce -1.4% |
| ACN Accenture PLC Class A | 0.66% | 415,214 | $129.6M | Add +2.8% |
| ABT Abbott Laboratories | 0.65% | 966,888 | $128.3M | Reduce -2.4% |
| PLD Prologis Inc. | 0.63% | 1,104,949 | $123.5M | Reduce -23.2% |
| QCOM Qualcomm Inc. | 0.62% | 789,299 | $121.2M | Reduce -7.7% |
| WM Waste Management Inc. | 0.61% | 514,791 | $119.2M | Add +23.2% |
| DELL Dell Technologies -C | 0.60% | 1,294,523 | $118.0M | Reduce -19.4% |
| GLW Corning Inc. | 0.60% | 2,552,062 | $116.8M | Reduce -1.1% |
| KO The Coca-Cola Co. | 0.59% | 1,609,189 | $115.3M | Add +2.0% |
| SNA Snap-on Inc. | 0.59% | 340,746 | $114.8M | Add +18.9% |
| USB US Bancorp | 0.58% | 2,689,565 | $113.6M | Reduce -5.5% |
| SYK Stryker Corp. | 0.55% | 288,316 | $107.3M | Reduce -3.1% |
| VCTR Victory Capital Holding - A | 0.54% | 1,825,998 | $105.7M | Add +17.2% |
| RTX RTX Corp. | 0.53% | 782,551 | $103.7M | Reduce -0.3% |
| OKE Oneok Inc. | 0.53% | 1,042,492 | $103.4M | Reduce -0.2% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.51% | 3,056,435 | $99.7M | New |
| AMGN Amgen Inc. | 0.47% | 293,395 | $91.4M | Reduce -5.0% |
| EVR Evercore Inc. Class A | 0.46% | 447,536 | $89.4M | Reduce -0.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.45% | 536,913 | $89.1M | Add +223.9% |
| BAH Booz Allen Hamilton Holdings | 0.45% | 835,176 | $87.3M | Add +4.8% |
| UNP Union Pacific Corp. | 0.44% | 368,615 | $87.1M | Add +146.5% |
| AFG American Financial Group Inc. | 0.43% | 645,466 | $84.8M | Add +10.2% |
| APO Apollo Global Management Inc. | 0.42% | 596,988 | $81.8M | Add +20.3% |
| FAST Fastenal Co. | 0.39% | 992,436 | $77.0M | Reduce -0.7% |
| HPQ HP Inc. | 0.38% | 2,658,753 | $73.6M | Add +2.1% |
| AVY Avery Dennison Corp. | 0.36% | 397,143 | $70.7M | Add +17.0% |
| HUBB Hubbell Inc. | 0.35% | 208,098 | $68.9M | Add +31.8% |
| GD General Dynamics Corp. | 0.35% | 252,180 | $68.7M | Add +3.4% |
| META Meta Platforms Inc. Class A | 0.34% | 116,494 | $67.1M | Add +16.9% |
| CSL Carlisle Cos Inc. | 0.33% | 188,804 | $64.3M | Add +5.0% |
| ADI Analog Devices Inc. | 0.31% | 301,788 | $60.9M | Add +3.4% |
| PRGO Perrigo Co. PLC | 0.31% | 2,146,352 | $60.2M | Add +40.7% |
| NI Nisource Inc. | 0.30% | 1,474,098 | $59.1M | Add +16.0% |
| RGA Reinsurance Group of America | 0.28% | 281,232 | $55.4M | New |
| BLK BlackRock Inc. | 0.28% | 58,391 | $55.3M | Reduce -2.6% |
| NOC Northrop Grumman Corp. | 0.28% | 106,990 | $54.8M | Reduce -25.7% |
| DOX Amdocs Ltd. | 0.28% | 592,097 | $54.2M | Add +37.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.27% | 1,284,784 | $53.6M | Reduce -7.1% |
| DGX Quest Diagnostics Inc. | 0.27% | 314,857 | $53.3M | Add +15.9% |
| CBOE Cboe Global Markets Inc. | 0.27% | 231,768 | $52.4M | Add +12.8% |
| PKG Packaging Corp. of America | 0.27% | 263,950 | $52.3M | Add +16.9% |
| CMS CMS Energy Corp. | 0.25% | 661,936 | $49.7M | Add +12.2% |
| ATO Atmos Energy Corp. | 0.24% | 305,882 | $47.3M | Add +11.1% |
| RPM RPM International Inc. | 0.23% | 393,973 | $45.6M | Add +9.0% |
| GIL Gildan Activewear Inc. | 0.23% | 1,008,804 | $44.6M | Add +35.9% |
| IPAR Interparfums Inc. | 0.22% | 374,647 | $42.7M | Add +16.4% |
| ADC Agree Realty Corp. | 0.22% | 549,225 | $42.4M | Add +16.6% |
| TXRH Texas Roadhouse Inc. | 0.21% | 250,855 | $41.8M | Add +38.5% |
| KKR KKR & Co. Inc. | 0.21% | 356,542 | $41.2M | Add +7.7% |
| DTM DT Midstream Inc. | 0.21% | 422,719 | $40.8M | Add +95.7% |
| ZTS Zoetis Inc. | 0.21% | 246,454 | $40.6M | Add +51.4% |
| CDW CDW Corp. | 0.19% | 234,553 | $37.6M | Reduce -15.8% |
| KLAC KLA Corp. | 0.19% | 54,447 | $37.0M | Reduce -13.4% |
| ORCL Oracle Corp. | 0.18% | 253,948 | $35.5M | Add +35.5% |
| GOOGL Alphabet Inc. Class A | 0.18% | 225,901 | $34.9M | Add +374.1% |
| ECL Ecolab Inc. | 0.17% | 134,669 | $34.1M | Reduce -2.1% |
Portfolio Sells Q4 2024 → Q1 2025
| AVGO Broadcom Inc. | Reduce -18.2% | 3.70% | −2.80 |
| MRK Merck & Co. Inc. | Reduce -13.4% | 1.71% | −0.56 |
| MSFT Microsoft Corp. | Reduce -1.1% | 3.07% | −0.55 |
| PNC PNC Financial Services Group | Reduce -12.2% | 1.43% | −0.42 |
| SRE Sempra | Reduce -1.1% | 1.46% | −0.42 |
| DELL Dell Technologies -C | Reduce -19.4% | 0.60% | −0.38 |
| HD Home Depot Inc. | Reduce -1.7% | 2.36% | −0.28 |
| PEP Pepsico Inc. | Reduce -9.2% | 1.77% | −0.28 |
| EVR Evercore Inc. Class A | Reduce -0.3% | 0.46% | −0.20 |
| O Realty Income Corp. | Reduce -24.7% | 0.71% | −0.19 |
| AAPL Apple Inc. | Reduce -3.0% | 0.86% | −0.18 |
| LMT Lockheed Martin Corp. | Reduce -1.2% | 1.24% | −0.18 |
| PLD Prologis Inc. | Reduce -23.2% | 0.63% | −0.17 |
| USB US Bancorp | Reduce -5.5% | 0.58% | −0.14 |
| SBUX Starbucks Corp. | Reduce -57.0% | 0.11% | −0.14 |
| NEE Nextera Energy Inc. | Reduce -1.5% | 2.08% | −0.13 |
| UPS United Parcel Service Class B | Reduce -56.0% | 0.07% | −0.12 |
| OTIS Otis Worldwide Corp. | Reduce -66.8% | 0.07% | −0.12 |
| NOC Northrop Grumman Corp. | Reduce -25.7% | 0.28% | −0.08 |
| QCOM Qualcomm Inc. | Reduce -7.7% | 0.62% | −0.08 |
| NTAP Netapp Inc. | Reduce -47.9% | 0.05% | −0.07 |
| HSY The Hershey Co. | Reduce -78.3% | 0.02% | −0.07 |
| ADP Automatic Data Processing | Reduce -5.0% | 1.49% | −0.07 |
| HOMB Home Bancshares Inc. | Reduce -46.8% | 0.07% | −0.07 |
| CDW CDW Corp. | Reduce -15.8% | 0.19% | −0.06 |
| TGT Target Corp. | Reduce -89.3% | 0.01% | −0.06 |
| APD Air Products & Chemicals Inc. | Reduce -1.5% | 1.69% | −0.06 |
| GLW Corning Inc. | Reduce -1.1% | 0.60% | −0.05 |
| BX Blackstone Inc. | Reduce -2.1% | 0.16% | −0.05 |
| BAC Bank of America Corp. | Reduce -7.1% | 0.27% | −0.05 |
| BLK BlackRock Inc. | Reduce -2.6% | 0.28% | −0.04 |
| PSX Phillips 66 | Reduce -7.9% | 0.92% | −0.04 |
| NKE Nike Inc. Class B | Reduce -12.3% | 0.08% | −0.03 |
| CAG Conagra Brands Inc. | Reduce -39.0% | 0.04% | −0.03 |
| HON Honeywell International Inc. | Reduce -6.3% | 0.15% | −0.03 |
| OKE Oneok Inc. | Reduce -0.2% | 0.53% | −0.03 |
| KLAC KLA Corp. | Reduce -13.4% | 0.19% | −0.02 |
| SYK Stryker Corp. | Reduce -3.1% | 0.55% | −0.02 |
| AAON Aaon Inc. | Reduce -12.6% | 0.02% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -69.6% | 0.01% | −0.02 |
| RF Regions Financial Corp. | Reduce -60.9% | 0.01% | −0.01 |
| FFBC First Financial Bancorp | Reduce -14.0% | 0.05% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -3.9% | 0.04% | −0.01 |
| TTEK Tetra Tech Inc. | Reduce -0.2% | 0.03% | −0.01 |
| CCI Crown Castle Inc. | Reduce -43.8% | 0.02% | −0.01 |
| AMD Advanced Micro Devices | Reduce -0.2% | 0.05% | −0.01 |
| CW Curtiss-Wright Corp. | Reduce -8.2% | 0.04% | −0.01 |
| FSS Federal Signal Corp. | Reduce -0.1% | 0.03% | −0.01 |
| BDX Becton Dickinson and Co. | Reduce -6.7% | 0.09% | −0.01 |
| DOV Dover Corp. | Reduce -5.2% | 0.05% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| WMB Williams Cos Inc. | Add +34.0% | 3.44% | +1.03 |
| JNJ Johnson & Johnson | Add +64.7% | 1.85% | +0.83 |
| TRV The Travelers Cos Inc. | Add +41.2% | 2.26% | +0.75 |
| VICI Vici Properties Inc. | New | 0.51% | +0.51 |
| HIG Hartford Insurance Group Inc. | Add +47.0% | 1.35% | +0.51 |
| MRSH Marsh & McLennan Cos | Add +2.9% | 2.44% | +0.30 |
| RGA Reinsurance Group of America | New | 0.28% | +0.28 |
| TSM Taiwan Semiconductor-SP ADR | Add +223.9% | 0.45% | +0.28 |
| WEC WEC Energy Group Inc. | Add +40.0% | 0.73% | +0.26 |
| UNP Union Pacific Corp. | Add +146.5% | 0.44% | +0.26 |
| TXN Texas Instruments Inc. | Add +22.8% | 2.02% | +0.24 |
| MDLZ Mondelez International Inc. Class A | Add +1.5% | 2.13% | +0.21 |
| WM Waste Management Inc. | Add +23.2% | 0.61% | +0.16 |
| PAYX Paychex Inc. | Add +4.8% | 1.38% | +0.14 |
| GOOGL Alphabet Inc. Class A | Add +374.1% | 0.18% | +0.13 |
| PH Parker Hannifin Corp. | New | 0.13% | +0.13 |
| XOM Exxon Mobil Corp. | Add +14.1% | 0.72% | +0.13 |
| TRGP Targa Resources Corp. | Add +6.4% | 0.95% | +0.13 |
| WSO Watsco Inc. | Add +15.4% | 0.75% | +0.12 |
| EHC Encompass Health Corp. | Add +991.5% | 0.13% | +0.12 |
| UNH Unitedhealth Group Inc. | Add +17.7% | 0.74% | +0.11 |
| PRGO Perrigo Co. PLC | Add +40.7% | 0.31% | +0.10 |
| CME Cme Group Inc. | Add +2.6% | 0.85% | +0.10 |
| DTM DT Midstream Inc. | Add +95.7% | 0.21% | +0.09 |
| BR Broadridge Financial Solutio | Add +3.4% | 1.44% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +4.7% | 2.61% | +0.08 |
| DOX Amdocs Ltd. | Add +37.2% | 0.28% | +0.08 |
| SNA Snap-on Inc. | Add +18.9% | 0.59% | +0.07 |
| KO The Coca-Cola Co. | Add +2.0% | 0.59% | +0.07 |
| ZTS Zoetis Inc. | Add +51.4% | 0.21% | +0.07 |
| PPL PPL Corp. | Add +0.9% | 0.73% | +0.06 |
| CBOE Cboe Global Markets Inc. | Add +12.8% | 0.27% | +0.06 |
| DGX Quest Diagnostics Inc. | Add +15.9% | 0.27% | +0.05 |
| NI Nisource Inc. | Add +16.0% | 0.30% | +0.05 |
| WMT Walmart Inc. | Add +105.0% | 0.11% | +0.05 |
| CMS CMS Energy Corp. | Add +12.2% | 0.25% | +0.05 |
| GIL Gildan Activewear Inc. | Add +35.9% | 0.23% | +0.04 |
| UTZ Utz Brands Inc. | Add +221.8% | 0.07% | +0.04 |
| ADC Agree Realty Corp. | Add +16.6% | 0.22% | +0.04 |
| TXRH Texas Roadhouse Inc. | Add +38.5% | 0.21% | +0.04 |
| ATO Atmos Energy Corp. | Add +11.1% | 0.24% | +0.04 |
| KDP Keurig Dr Pepper Inc. | Add +2.6% | 0.74% | +0.04 |
| ALLE Allegion PLC | New | 0.04% | +0.04 |
| R Ryder System Inc. | Add +609.8% | 0.04% | +0.04 |
| META Meta Platforms Inc. Class A | Add +16.9% | 0.34% | +0.03 |
| CINF Cincinnati Financial Corp. | Add +4.4% | 0.88% | +0.03 |
| LNT Alliant Energy Corp. | Add +17.7% | 0.16% | +0.03 |
| PG The Procter & Gamble Co. | Add +2.8% | 3.72% | +0.03 |
| AVY Avery Dennison Corp. | Add +17.0% | 0.36% | +0.02 |
| PAGP Plains GP Holdings LP | Add +16.0% | 0.10% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 341 | $21.7B | AVGO, LLY, MSFT, TSM, ABBV |
| Q1 2026 | 327 | $19.8B | AVGO, MSFT, JNJ, LLY, ABBV |
| Q4 2025 | 327 | $19.8B | AVGO, MSFT, LLY, ABBV, JPM |
| Q3 2025 | 326 | $20.1B | AVGO, MSFT, ABBV, JPM, PG |
| Q2 2025 | 332 | $19.8B | AVGO, MSFT, ABBV, PG, LLY |
| Q1 2025 | 337 | $19.6B | PG, AVGO, LLY, ABBV, WMB |
| Q4 2024 | 336 | $18.9B | AVGO, PG, MSFT, LLY, ABBV |
| Q3 2024 | 342 | $19.4B | AVGO, LLY, PG, ABBV, MSFT |
| Q2 2024 | 333 | $17.9B | AVGO, LLY, PG, MSFT, ABBV |
| Q1 2024 | 338 | $18.0B | AVGO, LLY, PG, MSFT, ABBV |