Birch Capital Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 11, 2024), Birch Capital Management, LLC reported 89 stock positions worth $192.5 million. Its top holding was Novo-Nordisk A/S-Spons ADR (NVO) at 9.6% of the portfolio, followed by WW Grainger (GWW, 7.8%) and Microsoft (MSFT, 6.8%). Compared with Q4 2023, it opened 5 new positions, sold out of 8, added to 33 and reduced 31. The biggest buy was JPMorgan Ultra-Short Income (JPST, shares +289%) and the biggest sale S&P Global (SPGI, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001799859
- Portfolio Value
- $192.5M (Q1 2024)
- SEC Filing
- 0001799859-24-000002 ↗ filed Apr 11, 2024
Holdings Value
Holdings 89 stocks · $192.5M
| NVO Novo-Nordisk A/S-Spons ADR | 9.59% | 143,717 | $18.5M | Reduce -1.4% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 7.84% | 14,828 | $15.1M | Add +0.6% |
| MSFT Microsoft Corp. | 6.83% | 31,266 | $13.2M | Add +2.3% |
| AAPL Apple Inc. | 6.42% | 72,025 | $12.4M | Add +0.7% |
| SPGI S&P Global Inc. | 3.54% | 16,013 | $6.8M | Reduce -1.4% |
| AMGN Amgen Inc. | 3.42% | 23,179 | $6.6M | Add +3.5% |
| UPS United Parcel Service Class B | 3.37% | 43,687 | $6.5M | Add +9.9% |
| ACN Accenture PLC Class A | 3.20% | 17,785 | $6.2M | Add +9.0% |
| CVS CVS Health Corp. | 2.85% | 68,806 | $5.5M | Add +10.6% |
| COR Cencora Inc. | 2.85% | 22,583 | $5.5M | Add +2.0% |
| SCHW Schwab (charles) Corp. | 2.80% | 74,564 | $5.4M | Add +4.6% |
| RMD Resmed Inc. | 2.71% | 26,303 | $5.2M | Add +1.4% |
| EPD Enterprise Products Partners | 2.68% | 176,996 | $5.2M | Reduce -1.7% |
| ICE Intercontinental Exchange Inc. | 2.46% | 34,405 | $4.7M | Add +2.3% |
| INFY Infosys Ltd.-SP ADR | 2.43% | 260,653 | $4.7M | Add +3.0% |
| GOOG Alphabet Inc. Class C | 2.41% | 30,519 | $4.6M | Add +0.8% |
| UNH Unitedhealth Group Inc. | 1.82% | 7,069 | $3.5M | Reduce -1.2% |
| CSCO Cisco Systems Inc. | 1.74% | 67,052 | $3.3M | Reduce -4.4% |
| FISV Fiserv Inc. | 1.73% | 20,781 | $3.3M | Add +2.3% |
| MINT PIMCO Enhanced Short Maturit | 1.61% | 30,884 | $3.1M | Add +109.7% |
| JNJ Johnson & Johnson | 1.61% | 19,575 | $3.1M | Add +0.5% |
| FDS Factset Research Systems Inc. | 1.61% | 6,802 | $3.1M | Add +4.6% |
| BDX Becton Dickinson and Co. | 1.49% | 11,571 | $2.9M | Reduce -1.0% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 1.32% | 20,855 | $2.5M | Reduce -0.5% |
| ITW Illinois Tool Works | 1.32% | 9,462 | $2.5M | Add +14.0% |
| DG Dollar General Corp. | 1.31% | 16,216 | $2.5M | Add +40.8% |
| JPST JPMorgan Ultra-Short Income | 1.27% | 48,434 | $2.4M | Add +289.1% |
| TSM Taiwan Semiconductor-SP ADR | 1.15% | 16,307 | $2.2M | Add +17.5% |
| CAH Cardinal Health Inc. | 1.13% | 19,413 | $2.2M | Add +6.5% |
| CTSH Cognizant Tech Solutions-A | 1.09% | 28,562 | $2.1M | Reduce -4.8% |
| CPAY Corpay Inc. | 1.01% | 6,307 | $1.9M | Add +17.6% |
| ABBV Abbvie Inc. | 1.01% | 10,649 | $1.9M | Reduce -15.4% |
| GPC Genuine Parts Co. | 1.00% | 12,397 | $1.9M | Add +22.9% |
| WSO Watsco Inc. | 0.91% | 4,052 | $1.8M | Add +10.5% |
| FDX FedEx Corp. | 0.76% | 5,032 | $1.5M | Reduce -41.8% |
| NKE Nike Inc. Class B | 0.71% | 14,585 | $1.4M | Reduce -3.9% |
| G Genpact Ltd. | 0.63% | 36,952 | $1.2M | Add +21.6% |
| CNI Canadian Natl Railway Co. | 0.57% | 8,315 | $1.1M | Reduce -4.4% |
| ET Energy Transfer LP | 0.54% | 66,045 | $1.0M | No change |
| OKE Oneok Inc. | 0.53% | 12,818 | $1.0M | Reduce -4.5% |
| PEP Pepsico Inc. | 0.48% | 5,297 | $927K | Reduce -17.8% |
| DFS Discover Financial Services | 0.48% | 7,002 | $918K | Reduce -12.8% |
| NVDA Nvidia Corp. | 0.47% | 1,002 | $905K | Reduce -16.5% |
| ORCL Oracle Corp. | 0.47% | 7,194 | $904K | Reduce -5.8% |
| V Visa Inc. Class A | 0.47% | 3,233 | $902K | Add +2.0% |
| PAYX Paychex Inc. | 0.45% | 7,066 | $868K | Reduce -6.6% |
| MKC McCormick & Co.-Non VTG SHRS | 0.40% | 9,910 | $761K | Reduce -0.7% |
| MPLX MPLX LP | 0.36% | 16,540 | $687K | Add +1.3% |
| MLPX Global X MLP & Energy Infras | 0.33% | 12,817 | $628K | Add +572.8% |
| SNA Snap-on Inc. | 0.33% | 2,115 | $627K | Reduce -13.9% |
| GOOGL Alphabet Inc. Class A | 0.29% | 3,681 | $556K | Add +15.0% |
| AZO AutoZone Inc. | 0.27% | 163 | $514K | No change |
| ENB Enbridge Inc. | 0.26% | 13,946 | $505K | Reduce -30.8% |
| OMC Omnicom Group | 0.24% | 4,692 | $454K | Reduce -0.3% |
| ABT Abbott Laboratories | 0.20% | 3,423 | $389K | No change |
| TRP TC Energy Corp. | 0.20% | 9,587 | $385K | Reduce -25.8% |
| GLDM SPDR Gold Minishares Trust | 0.14% | 6,013 | $265K | Add +70.2% |
| NFLX Netflix Inc. | 0.11% | 350 | $213K | No change |
| ATO Atmos Energy Corp. | 0.09% | 1,518 | $180K | No change |
| RPM RPM International Inc. | 0.09% | 1,495 | $178K | Reduce -22.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.07% | 569 | $142K | Add +96.2% |
| INTU Intuit Inc. | 0.07% | 197 | $128K | No change |
| AMZN Amazon.com Inc. | 0.06% | 680 | $123K | Reduce -8.1% |
| RGLD Royal Gold Inc. | 0.05% | 799 | $97K | Add +16.5% |
| GDX Vaneck Gold Miners ETF | 0.05% | 3,035 | $96K | No change |
| FNV Franco-Nevada Corp. | 0.05% | 787 | $94K | New |
| CWEN Clearway Energy Inc. Class C | 0.05% | 3,988 | $92K | No change |
| EMLP First Trust North American E | 0.05% | 3,072 | $91K | Reduce -22.6% |
| PYPL PayPal Holdings Inc. | 0.03% | 990 | $66K | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.03% | 600 | $61K | No change |
| PBA Pembina Pipeline Corp. | 0.03% | 1,685 | $60K | Reduce -56.6% |
| KMI Kinder Morgan Inc. | 0.03% | 2,636 | $48K | Reduce -89.0% |
| IVV iShares Core S&P 500 ETF | 0.01% | 40 | $21K | New |
| TRV The Travelers Cos Inc. | 0.01% | 71 | $16K | No change |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.01% | 100 | $13K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.01% | 25 | $11K | Reduce -7.4% |
| LMT Lockheed Martin Corp. | 0.00% | 15 | $7K | No change |
| UHS Universal Health Services-B | 0.00% | 22 | $4K | Reduce -63.9% |
| APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC | 0.00% | 50 | $4K | No change |
| VLTO Veralto Corp. | 0.00% | 30 | $3K | New |
| MMM 3M Co. | 0.00% | 23 | $2K | No change |
| RIOT Riot Platforms Inc. | 0.00% | 200 | $2K | Reduce -66.7% |
| STX Seagate Technology Holdings | 0.00% | 24 | $2K | No change |
| NTST Netstreit Corp. | 0.00% | 100 | $2K | No change |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.00% | 17 | $1K | New |
| ADPT Adaptive Biotechnologies | 0.00% | 40 | $128 | No change |
| VXRT Vaxart Inc. | 0.00% | 33 | $43 | New |
| TOON Kartoon Studios Inc. | 0.00% | 20 | $27 | No change |
| OUST Ouster Inc. | 0.00% | 1 | $8 | No change |
Portfolio Sells Q4 2023 → Q1 2024
| SPGI S&P Global Inc. | Reduce -1.4% | 3.54% | −0.57 |
| FDX FedEx Corp. | Reduce -41.8% | 0.76% | −0.50 |
| UNH Unitedhealth Group Inc. | Reduce -1.2% | 1.82% | −0.35 |
| CSCO Cisco Systems Inc. | Reduce -4.4% | 1.74% | −0.29 |
| NKE Nike Inc. Class B | Reduce -3.9% | 0.71% | −0.23 |
| KMI Kinder Morgan Inc. | Reduce -89.0% | 0.03% | −0.22 |
| CTSH Cognizant Tech Solutions-A | Reduce -4.8% | 1.09% | −0.21 |
| ENB Enbridge Inc. | Reduce -30.8% | 0.26% | −0.15 |
| BDX Becton Dickinson and Co. | Reduce -1.0% | 1.49% | −0.15 |
| PEP Pepsico Inc. | Reduce -17.8% | 0.48% | −0.15 |
| ABBV Abbvie Inc. | Reduce -15.4% | 1.01% | −0.11 |
| TRP TC Energy Corp. | Reduce -25.8% | 0.20% | −0.09 |
| SNA Snap-on Inc. | Reduce -13.9% | 0.33% | −0.08 |
| PAYX Paychex Inc. | Reduce -6.6% | 0.45% | −0.07 |
| CNI Canadian Natl Railway Co. | Reduce -4.4% | 0.57% | −0.06 |
| PBA Pembina Pipeline Corp. | Reduce -56.6% | 0.03% | −0.05 |
| DFS Discover Financial Services | Reduce -12.8% | 0.48% | −0.04 |
| EPD Enterprise Products Partners | Reduce -1.7% | 2.68% | −0.04 |
| RPM RPM International Inc. | Reduce -22.1% | 0.09% | −0.03 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.02 |
| VUSB Vanguard Ultra Short Bond Et | Sold out | 0.00% | −0.02 |
| EMLP First Trust North American E | Reduce -22.6% | 0.05% | −0.02 |
| OKE Oneok Inc. | Reduce -4.5% | 0.53% | −0.01 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.01 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.01 |
| SHW The Sherwin-Williams Co. | Sold out | 0.00% | −0.00 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.00 |
| RIOT Riot Platforms Inc. | Reduce -66.7% | 0.00% | −0.00 |
| UHS Universal Health Services-B | Reduce -63.9% | 0.00% | −0.00 |
| EMBC Embecta Corp. | Sold out | 0.00% | −0.00 |
| AMZN Amazon.com Inc. | Reduce -8.1% | 0.06% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -7.4% | 0.01% | −0.00 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.00 |
| OMC Omnicom Group | Reduce -0.3% | 0.24% | +0.00 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -0.7% | 0.40% | +0.00 |
| ORCL Oracle Corp. | Reduce -5.8% | 0.47% | +0.01 |
| TROW T Rowe Price Group Inc. | Reduce -0.5% | 1.32% | +0.03 |
| NVDA Nvidia Corp. | Reduce -16.5% | 0.47% | +0.13 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -1.4% | 9.59% | +0.94 |
Portfolio Buys Q4 2023 → Q1 2024
| JPST JPMorgan Ultra-Short Income | Add +289.1% | 1.27% | +0.91 |
| GWW WW Grainger Inc. | Add +0.6% | 7.84% | +0.83 |
| MINT PIMCO Enhanced Short Maturit | Add +109.7% | 1.61% | +0.77 |
| DG Dollar General Corp. | Add +40.8% | 1.31% | +0.42 |
| TSM Taiwan Semiconductor-SP ADR | Add +17.5% | 1.15% | +0.32 |
| MLPX Global X MLP & Energy Infras | Add +572.8% | 0.33% | +0.28 |
| COR Cencora Inc. | Add +2.0% | 2.85% | +0.24 |
| MSFT Microsoft Corp. | Add +2.3% | 6.83% | +0.24 |
| GPC Genuine Parts Co. | Add +22.9% | 1.00% | +0.20 |
| FISV Fiserv Inc. | Add +2.3% | 1.73% | +0.18 |
| RMD Resmed Inc. | Add +1.4% | 2.71% | +0.14 |
| CPAY Corpay Inc. | Add +17.6% | 1.01% | +0.14 |
| CAH Cardinal Health Inc. | Add +6.5% | 1.13% | +0.07 |
| ITW Illinois Tool Works | Add +14.0% | 1.32% | +0.07 |
| GLDM SPDR Gold Minishares Trust | Add +70.2% | 0.14% | +0.05 |
| FNV Franco-Nevada Corp. | New | 0.05% | +0.05 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +96.2% | 0.07% | +0.04 |
| CVS CVS Health Corp. | Add +10.6% | 2.85% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +15.0% | 0.29% | +0.03 |
| G Genpact Ltd. | Add +21.6% | 0.63% | +0.03 |
| MPLX MPLX LP | Add +1.3% | 0.36% | +0.01 |
| IVV iShares Core S&P 500 ETF | New | 0.01% | +0.01 |
| WSO Watsco Inc. | Add +10.5% | 0.91% | +0.01 |
| RGLD Royal Gold Inc. | Add +16.5% | 0.05% | +0.00 |
| VLTO Veralto Corp. | New | 0.00% | +0.00 |
| TTD Trade Desk Inc./the Class A | New | 0.00% | +0.00 |
| VXRT Vaxart Inc. | New | 0.00% | 0.00 |
| V Visa Inc. Class A | Add +2.0% | 0.47% | −0.00 |
| SCHW Schwab (charles) Corp. | Add +4.6% | 2.80% | −0.01 |
| ICE Intercontinental Exchange Inc. | Add +2.3% | 2.46% | −0.02 |
| GOOG Alphabet Inc. Class C | Add +0.8% | 2.41% | −0.03 |
| ACN Accenture PLC Class A | Add +9.0% | 3.20% | −0.08 |
| JNJ Johnson & Johnson | Add +0.5% | 1.61% | −0.14 |
| FDS Factset Research Systems Inc. | Add +4.6% | 1.61% | −0.17 |
| UPS United Parcel Service Class B | Add +9.9% | 3.37% | −0.21 |
| INFY Infosys Ltd.-SP ADR | Add +3.0% | 2.43% | −0.24 |
| AMGN Amgen Inc. | Add +3.5% | 3.42% | −0.28 |
| AAPL Apple Inc. | Add +0.7% | 6.42% | −1.49 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 79 | $204.7M | GWW, AAPL, MSFT, GOOG, AMGN |
| Q1 2026 | 78 | $190.8M | AAPL, GWW, MSFT, FDX, AMGN |
| Q4 2025 | 77 | $200.5M | AAPL, MSFT, GWW, GOOG, AMGN |
| Q3 2025 | 76 | $196.0M | AAPL, MSFT, GWW, RMD, NVO |
| Q2 2025 | 80 | $195.3M | MSFT, GWW, AAPL, NVO, RMD |
| Q1 2025 | 82 | $192.3M | AAPL, GWW, MSFT, NVO, RMD |
| Q4 2024 | 84 | $198.7M | AAPL, GWW, MSFT, NVO, RMD |
| Q3 2024 | 85 | $204.7M | AAPL, NVO, GWW, MSFT, SPGI |
| Q2 2024 | 86 | $192.4M | NVO, AAPL, MSFT, GWW, AMGN |
| Q1 2024 | 89 | $192.5M | NVO, GWW, MSFT, AAPL, SPGI |