Bahl & Gaynor LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 7, 2026), Bahl & Gaynor LLC reported 327 stock positions worth $19.8 billion. Its top holding was Broadcom (AVGO) at 4.4% of the portfolio, followed by Microsoft (MSFT, 3.5%) and Johnson & Johnson (JNJ, 3.4%). Compared with Q4 2025, it opened 10 new positions, sold out of 10, added to 102 and reduced 157. The biggest buy was Targa Resources (TRGP, shares +18%) and the biggest sale Eli Lilly (LLY, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- CINCINNATI, OH
- CIK
- 0000872259
- Portfolio Value
- $19.8B (Q1 2026)
- SEC Filing
- 0000872259-26-000007 ↗ filed May 7, 2026
Holdings Value
Holdings 327 stocks · $19.8B
| AVGO Broadcom Inc. | 4.42% | 2,834,081 | $877.2M | Add +0.0% |
| MSFT Microsoft Corp. | 3.49% | 1,871,331 | $692.7M | Add +1.9% |
| JNJ Johnson & Johnson | 3.35% | 2,721,183 | $665.2M | Reduce -0.6% |
| LLY Eli Lilly & Co. | 3.09% | 666,129 | $612.7M | Reduce -15.4% |
| ABBV Abbvie Inc. | 3.00% | 2,738,634 | $595.6M | Reduce -11.4% |
| JPM JPMorgan Chase & Co. | 2.86% | 1,930,782 | $568.0M | Add +0.2% |
| WMB Williams Cos Inc. | 2.52% | 6,859,866 | $499.3M | Reduce -1.9% |
| NEE Nextera Energy Inc. | 2.46% | 5,249,543 | $487.6M | Reduce -2.1% |
| PG The Procter & Gamble Co. | 2.41% | 3,308,120 | $477.8M | Reduce -16.4% |
| TSM Taiwan Semiconductor-SP ADR | 2.31% | 1,355,558 | $458.1M | Add +5.6% |
| CVX Chevron Corp. | 2.22% | 2,123,532 | $439.4M | Reduce -3.5% |
| TRGP Targa Resources Corp. | 2.18% | 1,726,266 | $432.8M | Add +18.4% |
| HD Home Depot Inc. | 1.91% | 1,152,059 | $378.9M | Reduce -3.3% |
| TRV The Travelers Cos Inc. | 1.69% | 1,146,922 | $334.5M | Reduce -2.3% |
| HIG Hartford Insurance Group Inc. | 1.67% | 2,444,574 | $330.6M | Add +0.1% |
| SRE Sempra | 1.66% | 3,395,158 | $329.9M | Reduce -1.7% |
| PNC PNC Financial Services Group | 1.65% | 1,572,543 | $327.2M | Add +11.6% |
| CSCO Cisco Systems Inc. | 1.37% | 3,501,023 | $271.6M | Add +8.0% |
| ETN Eaton Corp. PLC | 1.29% | 717,417 | $256.6M | Reduce -13.8% |
| XOM Exxon Mobil Corp. | 1.25% | 1,464,635 | $248.5M | Add +3.5% |
| MDLZ Mondelez International Inc. Class A | 1.21% | 4,164,597 | $240.0M | Reduce -21.8% |
| UNH Unitedhealth Group Inc. | 1.16% | 852,428 | $230.7M | Add +28.2% |
| MCD McDonald's Corp. | 1.12% | 713,802 | $221.8M | Reduce -30.0% |
| LMT Lockheed Martin Corp. | 1.07% | 349,873 | $211.5M | Reduce -27.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.06% | 1,318,667 | $210.6M | Add +1.1% |
| GD General Dynamics Corp. | 1.02% | 587,387 | $201.6M | Add +14.0% |
| TXN Texas Instruments Inc. | 1.01% | 1,030,621 | $200.1M | Reduce -10.8% |
| DRI Darden Restaurants Inc. | 1.00% | 1,010,176 | $198.0M | Add +212.5% |
| RTX RTX Corp. | 1.00% | 1,023,562 | $197.4M | Add +22.9% |
| PEP Pepsico Inc. | 0.99% | 1,266,056 | $196.6M | Reduce -1.8% |
| CINF Cincinnati Financial Corp. | 0.97% | 1,217,450 | $191.6M | Reduce -0.7% |
| CME Cme Group Inc. | 0.94% | 630,722 | $186.3M | Add +0.4% |
| TEL Te Connectivity PLC | 0.93% | 883,164 | $184.6M | Add +4.7% |
| VCTR Victory Capital Holding - A | 0.89% | 2,704,231 | $177.1M | Add +30.7% |
| MSI Motorola Solutions Inc. | 0.88% | 402,449 | $174.7M | Reduce -0.2% |
| APO Apollo Global Management Inc. | 0.84% | 1,488,665 | $165.9M | Add +33.3% |
| AAPL Apple Inc. | 0.83% | 647,413 | $164.3M | Reduce -8.1% |
| SNA Snap-on Inc. | 0.82% | 446,761 | $162.3M | Add +4.1% |
| ADP Automatic Data Processing | 0.82% | 796,793 | $161.9M | Reduce -9.5% |
| PPL PPL Corp. | 0.81% | 4,181,418 | $159.7M | Reduce -0.4% |
| ITW Illinois Tool Works | 0.79% | 603,106 | $157.0M | Reduce -2.8% |
| ACN Accenture PLC Class A | 0.78% | 781,756 | $155.0M | Reduce -2.2% |
| FAST Fastenal Co. | 0.73% | 3,129,757 | $145.2M | Add +67.4% |
| KMI Kinder Morgan Inc. | 0.68% | 4,048,277 | $135.7M | Reduce -9.2% |
| KO The Coca-Cola Co. | 0.67% | 1,757,564 | $133.7M | Reduce -0.9% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.66% | 4,826,311 | $131.9M | Add +1.4% |
| USB US Bancorp | 0.66% | 2,520,978 | $131.1M | Reduce -0.3% |
| RGA Reinsurance Group of America | 0.66% | 639,841 | $130.6M | Add +6.0% |
| HUBB Hubbell Inc. | 0.63% | 256,565 | $125.9M | Reduce -3.8% |
| CTAS Cintas Corp. | 0.63% | 739,350 | $125.1M | Reduce -1.6% |
| CBOE Cboe Global Markets Inc. | 0.63% | 443,411 | $124.6M | Add +29.3% |
| BR Broadridge Financial Solutio | 0.61% | 740,292 | $120.3M | Reduce -34.7% |
| EVR Evercore Inc. Class A | 0.60% | 401,833 | $120.0M | Reduce -4.7% |
| WEC WEC Energy Group Inc. | 0.60% | 1,031,567 | $119.4M | Reduce -2.1% |
| LIN Linde PLC | 0.60% | 238,179 | $118.1M | Add +93.7% |
| GLW Corning Inc. | 0.58% | 839,119 | $114.1M | Reduce -23.9% |
| GOOGL Alphabet Inc. Class A | 0.56% | 384,637 | $110.6M | Add +2.7% |
| APD Air Products & Chemicals Inc. | 0.55% | 378,212 | $109.9M | Reduce -14.8% |
| WM Waste Management Inc. | 0.55% | 470,575 | $108.1M | Add +1.6% |
| GRMN Garmin Ltd. | 0.54% | 464,060 | $107.7M | Add +215.4% |
| PM Philip Morris International | 0.50% | 601,173 | $99.4M | Add +109.0% |
| RBA RB Global Inc. | 0.50% | 1,026,876 | $98.4M | New |
| WSO Watsco Inc. | 0.48% | 261,924 | $95.3M | Add +0.4% |
| MRK Merck & Co. Inc. | 0.46% | 750,494 | $90.3M | Reduce -1.9% |
| WDC Western Digital Corp. | 0.44% | 325,336 | $88.0M | Reduce -13.2% |
| GIL Gildan Activewear Inc. | 0.44% | 1,579,812 | $87.9M | Add +5.2% |
| AVB Avalonbay Communities Inc. | 0.42% | 511,370 | $83.5M | Add +0.8% |
| ADI Analog Devices Inc. | 0.42% | 262,121 | $83.4M | Reduce -1.2% |
| PSX Phillips 66 | 0.42% | 453,222 | $82.6M | Reduce -20.8% |
| CMS CMS Energy Corp. | 0.41% | 1,044,889 | $81.1M | Add +15.5% |
| DTM DT Midstream Inc. | 0.40% | 593,514 | $79.9M | Add +5.5% |
| LHX L3HARRIS Technologies Inc. | 0.40% | 231,219 | $79.8M | Add +13.3% |
| META Meta Platforms Inc. Class A | 0.40% | 138,258 | $79.1M | Add +2.3% |
| ABT Abbott Laboratories | 0.40% | 766,894 | $78.7M | Reduce -14.1% |
| KLAC KLA Corp. | 0.39% | 52,043 | $76.6M | Reduce -1.0% |
| MRSH Marsh & McLennan Cos | 0.38% | 435,210 | $75.5M | Reduce -66.2% |
| O Realty Income Corp. | 0.35% | 1,143,670 | $70.0M | Reduce -0.7% |
| AMGN Amgen Inc. | 0.35% | 195,866 | $68.9M | Reduce -0.6% |
| NI Nisource Inc. | 0.33% | 1,423,283 | $66.4M | Add +5.6% |
| NOC Northrop Grumman Corp. | 0.33% | 96,425 | $65.8M | Reduce -0.4% |
| USPH U.S. Physical Therapy Inc. | 0.32% | 845,388 | $63.4M | Add +27.9% |
| ATO Atmos Energy Corp. | 0.31% | 335,750 | $62.0M | Add +3.9% |
| OKE Oneok Inc. | 0.31% | 678,115 | $61.3M | Reduce -9.0% |
| PH Parker Hannifin Corp. | 0.31% | 67,779 | $60.7M | Add +16.9% |
| CARR Carrier Global Corp. | 0.30% | 1,060,423 | $59.7M | Add +37.9% |
| WMT Walmart Inc. | 0.30% | 479,249 | $59.6M | Reduce -0.4% |
| PLD Prologis Inc. | 0.29% | 439,368 | $58.1M | Reduce -16.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.29% | 1,191,161 | $58.1M | Reduce -3.8% |
| PKG Packaging Corp. of America | 0.29% | 271,840 | $57.7M | Reduce -5.9% |
| AHR American Healthcare REIT Inc. | 0.29% | 1,208,279 | $57.0M | Add +768.5% |
| LNT Alliant Energy Corp. | 0.28% | 775,746 | $55.7M | Add +17.2% |
| TXRH Texas Roadhouse Inc. | 0.27% | 327,888 | $54.1M | Add +16.2% |
| CMI Cummins Inc. | 0.27% | 100,098 | $53.9M | New |
| UNP Union Pacific Corp. | 0.27% | 221,128 | $53.7M | Reduce -1.8% |
| EHC Encompass Health Corp. | 0.27% | 554,616 | $53.6M | Add +26.9% |
| SYK Stryker Corp. | 0.27% | 161,736 | $53.1M | Reduce -9.3% |
| RPM RPM International Inc. | 0.27% | 528,913 | $52.6M | Add +4.7% |
| AFG American Financial Group Inc. | 0.25% | 386,839 | $49.4M | Reduce -16.9% |
| ADC Agree Realty Corp. | 0.24% | 632,566 | $47.7M | Add +5.7% |
| AVY Avery Dennison Corp. | 0.24% | 271,004 | $46.8M | Reduce -14.0% |
Portfolio Sells Q4 2025 → Q1 2026
| LLY Eli Lilly & Co. | Reduce -15.4% | 3.09% | −1.19 |
| MRSH Marsh & McLennan Cos | Reduce -66.2% | 0.38% | −0.83 |
| PAYX Paychex Inc. | Reduce -71.2% | 0.23% | −0.73 |
| BR Broadridge Financial Solutio | Reduce -34.7% | 0.61% | −0.67 |
| ABBV Abbvie Inc. | Reduce -11.4% | 3.00% | −0.57 |
| PG The Procter & Gamble Co. | Reduce -16.4% | 2.41% | −0.46 |
| MCD McDonald's Corp. | Reduce -30.0% | 1.12% | −0.46 |
| ADP Automatic Data Processing | Reduce -9.5% | 0.82% | −0.33 |
| ACN Accenture PLC Class A | Reduce -2.2% | 0.78% | −0.30 |
| MDLZ Mondelez International Inc. Class A | Reduce -21.8% | 1.21% | −0.24 |
| ABT Abbott Laboratories | Reduce -14.1% | 0.40% | −0.17 |
| HD Home Depot Inc. | Reduce -3.3% | 1.91% | −0.16 |
| ORCL Oracle Corp. | Reduce -76.7% | 0.03% | −0.16 |
| DGX Quest Diagnostics Inc. | Reduce -90.8% | 0.02% | −0.15 |
| QCOM Qualcomm Inc. | Reduce -74.2% | 0.03% | −0.14 |
| AAPL Apple Inc. | Reduce -8.1% | 0.83% | −0.14 |
| PRGO Perrigo Co. PLC | Reduce -99.1% | 0.00% | −0.13 |
| EVR Evercore Inc. Class A | Reduce -4.7% | 0.60% | −0.12 |
| LMT Lockheed Martin Corp. | Reduce -27.6% | 1.07% | −0.12 |
| AVT Avnet Inc. | Reduce -98.6% | 0.00% | −0.10 |
| CTAS Cintas Corp. | Reduce -1.6% | 0.63% | −0.09 |
| MZTI The Marzetti Company | Reduce -39.7% | 0.08% | −0.08 |
| KDP Keurig Dr Pepper Inc. | Reduce -91.2% | 0.01% | −0.07 |
| AFG American Financial Group Inc. | Reduce -16.9% | 0.25% | −0.07 |
| KKR KKR & Co. Inc. | Reduce -6.0% | 0.15% | −0.07 |
| DOX Amdocs Ltd. | Reduce -9.8% | 0.16% | −0.06 |
| AVY Avery Dennison Corp. | Reduce -14.0% | 0.24% | −0.05 |
| BAC Bank of America Corp. | Reduce -3.8% | 0.29% | −0.05 |
| UTZ Utz Brands Inc. | Sold out | 0.00% | −0.05 |
| SYK Stryker Corp. | Reduce -9.3% | 0.27% | −0.05 |
| ETN Eaton Corp. PLC | Reduce -13.8% | 1.29% | −0.05 |
| CINF Cincinnati Financial Corp. | Reduce -0.7% | 0.97% | −0.05 |
| BX Blackstone Inc. | Reduce -0.5% | 0.13% | −0.05 |
| PLD Prologis Inc. | Reduce -16.0% | 0.29% | −0.04 |
| TRV The Travelers Cos Inc. | Reduce -2.3% | 1.69% | −0.04 |
| MTH Meritage Homes Corp. | Sold out | 0.00% | −0.03 |
| ENB Enbridge Inc. | Reduce -55.4% | 0.03% | −0.03 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -16.6% | 0.04% | −0.02 |
| BLK BlackRock Inc. | Reduce -0.8% | 0.19% | −0.02 |
| USB US Bancorp | Reduce -0.3% | 0.66% | −0.02 |
| CDW CDW Corp. | Reduce -15.3% | 0.06% | −0.02 |
| BDX Becton Dickinson and Co. | Reduce -7.7% | 0.05% | −0.02 |
| NKE Nike Inc. Class B | Reduce -3.9% | 0.05% | −0.01 |
| KNSL Kinsale Capital Group Inc. | Sold out | 0.00% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -39.7% | 0.01% | −0.01 |
| PKG Packaging Corp. of America | Reduce -5.9% | 0.29% | −0.01 |
| OLED Universal Display Corp. | Sold out | 0.00% | −0.01 |
| OSK Oshkosh Corp. | Reduce -28.5% | 0.04% | −0.01 |
| DHI D.R. Horton Inc. | Reduce -33.4% | 0.01% | −0.01 |
| ROP Roper Technologies Inc. | Reduce -0.1% | 0.03% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| TRGP Targa Resources Corp. | Add +18.4% | 2.18% | +0.82 |
| DRI Darden Restaurants Inc. | Add +212.5% | 1.00% | +0.70 |
| RBA RB Global Inc. | New | 0.50% | +0.50 |
| GRMN Garmin Ltd. | Add +215.4% | 0.54% | +0.39 |
| XOM Exxon Mobil Corp. | Add +3.5% | 1.25% | +0.39 |
| FAST Fastenal Co. | Add +67.4% | 0.73% | +0.35 |
| TSM Taiwan Semiconductor-SP ADR | Add +5.6% | 2.31% | +0.34 |
| LIN Linde PLC | Add +93.7% | 0.60% | +0.33 |
| CMI Cummins Inc. | New | 0.27% | +0.27 |
| PM Philip Morris International | Add +109.0% | 0.50% | +0.27 |
| AHR American Healthcare REIT Inc. | Add +768.5% | 0.29% | +0.25 |
| VCTR Victory Capital Holding - A | Add +30.7% | 0.89% | +0.23 |
| RTX RTX Corp. | Add +22.9% | 1.00% | +0.22 |
| BTI British American Tob-SP ADR | Add +8142.9% | 0.20% | +0.19 |
| CBOE Cboe Global Markets Inc. | Add +29.3% | 0.63% | +0.19 |
| PNC PNC Financial Services Group | Add +11.6% | 1.65% | +0.16 |
| GD General Dynamics Corp. | Add +14.0% | 1.02% | +0.14 |
| ENSG The Ensign Group Inc. | Add +131.5% | 0.20% | +0.13 |
| CSCO Cisco Systems Inc. | Add +8.0% | 1.37% | +0.11 |
| LHX L3HARRIS Technologies Inc. | Add +13.3% | 0.40% | +0.10 |
| CARR Carrier Global Corp. | Add +37.9% | 0.30% | +0.10 |
| CMS CMS Energy Corp. | Add +15.5% | 0.41% | +0.09 |
| SIMO Silicon Motion Technol-ADR | New | 0.09% | +0.09 |
| FFBC First Financial Bancorp | Add +61.8% | 0.19% | +0.08 |
| CME Cme Group Inc. | Add +0.4% | 0.94% | +0.07 |
| SNA Snap-on Inc. | Add +4.1% | 0.82% | +0.07 |
| RACE Ferrari NV | Add +82.8% | 0.16% | +0.06 |
| LNT Alliant Energy Corp. | Add +17.2% | 0.28% | +0.06 |
| DTM DT Midstream Inc. | Add +5.5% | 0.40% | +0.06 |
| USPH U.S. Physical Therapy Inc. | Add +27.9% | 0.32% | +0.06 |
| ELS Equity Lifestyle Properties | Add +25.9% | 0.23% | +0.05 |
| TRNO Terreno Realty Corp. | Add +50.4% | 0.15% | +0.05 |
| UNH Unitedhealth Group Inc. | Add +28.2% | 1.16% | +0.05 |
| NI Nisource Inc. | Add +5.6% | 0.33% | +0.05 |
| PH Parker Hannifin Corp. | Add +16.9% | 0.31% | +0.05 |
| TJX TJX Companies Inc. | Add +1.1% | 1.06% | +0.05 |
| ATO Atmos Energy Corp. | Add +3.9% | 0.31% | +0.04 |
| RGA Reinsurance Group of America | Add +6.0% | 0.66% | +0.04 |
| PAGP Plains GP Holdings LP | Add +6.0% | 0.14% | +0.04 |
| TXRH Texas Roadhouse Inc. | Add +16.2% | 0.27% | +0.04 |
| EHC Encompass Health Corp. | Add +26.9% | 0.27% | +0.04 |
| WSO Watsco Inc. | Add +0.4% | 0.48% | +0.04 |
| ALLE Allegion PLC | Add +46.0% | 0.13% | +0.03 |
| WM Waste Management Inc. | Add +1.6% | 0.55% | +0.03 |
| IPAR Interparfums Inc. | Add +6.3% | 0.20% | +0.02 |
| ADC Agree Realty Corp. | Add +5.7% | 0.24% | +0.02 |
| R Ryder System Inc. | Add +5.3% | 0.20% | +0.02 |
| APO Apollo Global Management Inc. | Add +33.3% | 0.84% | +0.02 |
| LFUS Littelfuse Inc. | Add +13.3% | 0.05% | +0.02 |
| CW Curtiss-Wright Corp. | Add +2.3% | 0.06% | +0.01 |
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 |