Birmingham Capital Management Co. Inc.

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 28, 2025), Birmingham Capital Management Co. Inc. reported 109 stock positions worth $265.8 million. Its top holding was Deere (DE) at 5.8% of the portfolio, followed by Caterpillar (CAT, 5.2%) and McDonald's (MCD, 4.2%). Compared with Q4 2024, it opened 5 new positions, sold out of 6, added to 11 and reduced 69. The biggest buy was Dollar General (DG, shares +41%) and the biggest sale Caterpillar (CAT, shares −6%).

Most Recent 13F: Q2 2026
Location: BIRMINGHAM, AL
CIK: 0000918504
Portfolio Value: $265.8M (Q1 2025)
SEC Filing: 0000918504-25-000002 ↗ filed May 28, 2025

Holdings Value

Holdings 109 stocks · $265.8M


DE Deere & Co.	5.83%	33,025	$15.5M	Reduce -5.2%
CAT Caterpillar Inc.	5.15%	41,525	$13.7M	Reduce -6.1%
MCD McDonald's Corp.	4.18%	35,552	$11.1M	Reduce -1.0%
ALL Allstate Corp.	3.98%	51,044	$10.6M	Reduce -2.5%
LLY Eli Lilly & Co.	3.46%	11,125	$9.2M	Reduce -2.4%
CVX Chevron Corp.	3.01%	47,850	$8.0M	Reduce -5.8%
EMR Emerson Electric Co.	2.77%	67,241	$7.4M	Reduce -2.8%
PG The Procter & Gamble Co.	2.76%	43,122	$7.3M	Reduce -7.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	2.71%	28,918	$7.2M	Reduce -6.3%
RTX RTX Corp.	2.55%	51,131	$6.8M	Reduce -0.8%
JNJ Johnson & Johnson	2.42%	38,777	$6.4M	Reduce -5.2%
ABBV Abbvie Inc.	2.41%	30,547	$6.4M	No change
XOM Exxon Mobil Corp.	2.30%	51,464	$6.1M	Reduce -3.0%
LMT Lockheed Martin Corp.	2.21%	13,180	$5.9M	Reduce -4.2%
EDV Vanguard Extended Dur Treas	2.14%	80,000	$5.7M	No change
MMM 3M Co.	2.10%	37,976	$5.6M	Reduce -3.7%
SPBO SS SPDR P Corp. Bond ETF	2.05%	188,000	$5.5M	No change
KO The Coca-Cola Co.	1.99%	73,889	$5.3M	Reduce -6.2%
AAPL Apple Inc.	1.86%	22,242	$4.9M	Reduce -7.6%
SCHQ Schwab Long-Term US Treasury	1.82%	148,000	$4.8M	No change
CMI Cummins Inc.	1.78%	15,060	$4.7M	Reduce -9.6%
HSY The Hershey Co.	1.65%	25,656	$4.4M	Reduce -4.4%
SO The Southern Co.	1.61%	46,425	$4.3M	Reduce -4.8%
PFE Pfizer Inc.	1.56%	163,243	$4.1M	Reduce -6.0%
AXP American Express Co.	1.56%	15,365	$4.1M	Reduce -4.0%
MRK Merck & Co. Inc.	1.41%	41,890	$3.8M	Add +2.9%
DUK Duke Energy Corp.	1.26%	27,353	$3.3M	Reduce -7.6%
ABT Abbott Laboratories	1.21%	24,280	$3.2M	Reduce -0.8%
DG Dollar General Corp.	1.18%	35,731	$3.1M	Add +40.8%
FDX FedEx Corp.	1.08%	11,800	$2.9M	Reduce -3.5%
JPM JPMorgan Chase & Co.	1.03%	11,205	$2.7M	Reduce -11.1%
IVV iShares Core S&P 500 ETF	1.01%	4,768	$2.7M	Reduce -2.9%
BMY Bristol-Myers Squibb Co.	0.98%	42,891	$2.6M	Reduce -2.3%
SCHO Schwab Short-Term US Treas	0.94%	103,000	$2.5M	No change
NVDA Nvidia Corp.	0.90%	22,000	$2.4M	Reduce -17.0%
MET Metlife Inc.	0.90%	29,635	$2.4M	Reduce -7.7%
GWW WW Grainger Inc. filed as GRAINGER W W INC	0.89%	2,400	$2.4M	Reduce -7.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.82%	52,300	$2.2M	Reduce -16.8%
DD Dupont DE Nemours Inc.	0.80%	28,587	$2.1M	Reduce -8.7%
GE General Electric filed as GE AEROSPACE	0.76%	10,126	$2.0M	Reduce -3.6%
WMT Walmart Inc.	0.74%	22,260	$2.0M	Reduce -8.3%
TXN Texas Instruments Inc.	0.71%	10,490	$1.9M	Reduce -8.6%
COST Costco Wholesale Corp.	0.69%	1,930	$1.8M	Reduce -1.0%
HAL Halliburton Co.	0.68%	71,363	$1.8M	Add +2.6%
KHC The Kraft Heinz Co.	0.67%	58,655	$1.8M	Reduce -7.5%
SLB SLB Ltd. filed as SCHLUMBERGER LTD	0.58%	37,025	$1.5M	Add +2.8%
INTC Intel Corp.	0.56%	65,970	$1.5M	Reduce -7.3%
KMI Kinder Morgan Inc.	0.56%	52,163	$1.5M	Reduce -12.1%
C Citigroup Inc.	0.52%	19,565	$1.4M	Reduce -2.5%
CSCO Cisco Systems Inc.	0.50%	21,498	$1.3M	Reduce -3.7%
SCHW Schwab (charles) Corp.	0.47%	16,075	$1.3M	Reduce -0.6%
BA The Boeing Co.	0.47%	7,347	$1.3M	No change
MSFT Microsoft Corp.	0.47%	3,310	$1.2M	Add +14.9%
WY Weyerhaeuser Co.	0.44%	39,780	$1.2M	Reduce -17.8%
VZ Verizon Communications Inc.	0.44%	25,567	$1.2M	Add +5.4%
LNC Lincoln National Corp.	0.43%	31,600	$1.1M	No change
CLX Clorox Company	0.41%	7,391	$1.1M	Reduce -7.6%
HD Home Depot Inc.	0.36%	2,625	$962K	Reduce -0.7%
ITW Illinois Tool Works	0.35%	3,782	$938K	Reduce -0.7%
CAH Cardinal Health Inc.	0.34%	6,500	$896K	No change
LOW Lowe's Cos Inc.	0.33%	3,790	$884K	No change
JCI Johnson Controls Internation	0.31%	10,407	$834K	Reduce -1.9%
PSX Phillips 66	0.31%	6,723	$830K	Reduce -0.7%
GIS General Mills Inc.	0.31%	13,832	$827K	Add +3.0%
ITA iShares U.S. Aerospace & Def	0.29%	5,075	$777K	Reduce -10.6%
BKR Baker Hughes Co.	0.29%	17,500	$769K	Add +9.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.28%	7,636	$754K	Reduce -8.9%
SHEL Shell PLC-ADR	0.28%	10,028	$735K	Reduce -7.0%
T AT&T Inc.	0.26%	24,230	$685K	Reduce -1.3%
GT Goodyear Tire & Rubber Co.	0.25%	71,075	$657K	Reduce -8.1%
GEV GE Vernova Inc.	0.25%	2,139	$653K	Reduce -4.2%
BP BP PLC-Spons ADR	0.24%	18,543	$627K	Reduce -10.2%
MSI Motorola Solutions Inc.	0.23%	1,397	$612K	No change
GL Globe Life Inc.	0.22%	4,400	$580K	No change
COP Conocophillips	0.21%	5,309	$558K	Add +10.4%
ED Consolidated Edison Inc.	0.20%	4,920	$544K	Reduce -19.6%
ROK Rockwell Automation Inc.	0.20%	2,100	$543K	No change
RSP Invesco S&P 500 Equal Weight	0.20%	3,000	$520K	Reduce -3.9%
MO Altria Group Inc.	0.19%	8,363	$502K	No change
NEM Newmont Corp.	0.18%	10,050	$485K	Add +53.4%
PEP Pepsico Inc.	0.18%	3,175	$476K	Reduce -0.8%
ENB Enbridge Inc.	0.17%	10,058	$446K	Add +5.2%
EBAY eBay Inc.	0.17%	6,500	$440K	No change
WHR Whirlpool Corp.	0.16%	4,825	$435K	Reduce -16.3%
DAL Delta Air Lines Inc.	0.16%	9,800	$427K	No change
CTVA Corteva Inc.	0.16%	6,629	$417K	Reduce -24.8%
PCAR Paccar Inc.	0.15%	4,162	$405K	No change
AEP American Electric Power	0.15%	3,670	$401K	Reduce -3.9%
PYPL PayPal Holdings Inc.	0.14%	5,850	$382K	No change
A Agilent Technologies Inc.	0.14%	3,250	$380K	Reduce -15.1%
WPM Wheaton Precious Metals Corp.	0.14%	4,640	$360K	New
GLD SPDR Gold Shares	0.14%	1,250	$360K	New
OKE Oneok Inc.	0.13%	3,500	$347K	No change
VMC Vulcan Materials Co.	0.13%	1,424	$332K	No change
CCL Carnival Corp.	0.12%	16,600	$324K	No change
TFC Truist Financial Corp.	0.12%	7,735	$318K	Reduce -1.5%
DOW Dow Inc.	0.12%	9,000	$314K	Reduce -15.8%
B Barrick Gold Corp.	0.12%	16,100	$313K	New
BAX Baxter International Inc.	0.11%	8,900	$305K	Reduce -14.4%
FISV Fiserv Inc.	0.10%	1,212	$268K	No change

Show all 109 holdings

Portfolio Sells Q4 2024 → Q1 2025


CAT Caterpillar Inc.	Reduce -6.1%	5.15%	−0.79
NVDA Nvidia Corp.	Reduce -17.0%	0.90%	−0.42
EMR Emerson Electric Co.	Reduce -2.8%	2.77%	−0.40
CMI Cummins Inc.	Reduce -9.6%	1.78%	−0.38
AAPL Apple Inc.	Reduce -7.6%	1.86%	−0.37
LMT Lockheed Martin Corp.	Reduce -4.2%	2.21%	−0.26
FLR Fluor Corp.	Sold out	0.00%	−0.26
AXP American Express Co.	Reduce -4.0%	1.56%	−0.20
BAC Bank of America Corp.	Reduce -16.8%	0.82%	−0.20
FDX FedEx Corp.	Reduce -3.5%	1.08%	−0.19
PFE Pfizer Inc.	Reduce -6.0%	1.56%	−0.15
PG The Procter & Gamble Co.	Reduce -7.2%	2.76%	−0.12
GWW WW Grainger Inc.	Reduce -7.0%	0.89%	−0.12
KMB Kimberly-Clark Corp.	Sold out	0.00%	−0.10
EMN Eastman Chemical Co.	Sold out	0.00%	−0.10
HRL Hormel Foods Corp.	Sold out	0.00%	−0.09
TXN Texas Instruments Inc.	Reduce -8.6%	0.71%	−0.09
VTRS Viatris Inc.	Sold out	0.00%	−0.09
JPM JPMorgan Chase & Co.	Reduce -11.1%	1.03%	−0.09
DD Dupont DE Nemours Inc.	Reduce -8.7%	0.80%	−0.08
WHR Whirlpool Corp.	Reduce -16.3%	0.16%	−0.08
MET Metlife Inc.	Reduce -7.7%	0.90%	−0.08
WMT Walmart Inc.	Reduce -8.3%	0.74%	−0.08
WM Waste Management Inc.	Sold out	0.00%	−0.07
CLX Clorox Company	Reduce -7.6%	0.41%	−0.07
WY Weyerhaeuser Co.	Reduce -17.8%	0.44%	−0.07
IVV iShares Core S&P 500 ETF	Reduce -2.9%	1.01%	−0.06
DIS The Walt Disney Co.	Reduce -8.9%	0.28%	−0.06
KHC The Kraft Heinz Co.	Reduce -7.5%	0.67%	−0.05
IWM iShares Russell 2000 ETF	Reduce -28.7%	0.09%	−0.05
A Agilent Technologies Inc.	Reduce -15.1%	0.14%	−0.05
KMI Kinder Morgan Inc.	Reduce -12.1%	0.56%	−0.04
DOW Dow Inc.	Reduce -15.8%	0.12%	−0.04
HSY The Hershey Co.	Reduce -4.4%	1.65%	−0.03
CTVA Corteva Inc.	Reduce -24.8%	0.16%	−0.03
CLF Cleveland-Cliffs Inc.	Reduce -28.7%	0.05%	−0.03
GEV GE Vernova Inc.	Reduce -4.2%	0.25%	−0.03
HD Home Depot Inc.	Reduce -0.7%	0.36%	−0.02
ITA iShares U.S. Aerospace & Def	Reduce -10.6%	0.29%	−0.01
GT Goodyear Tire & Rubber Co.	Reduce -8.1%	0.25%	−0.01
LHX L3HARRIS Technologies Inc.	Reduce -9.0%	0.10%	−0.01
RSP Invesco S&P 500 Equal Weight	Reduce -3.9%	0.20%	−0.01
TFC Truist Financial Corp.	Reduce -1.5%	0.12%	−0.01
GLW Corning Inc.	Reduce -3.4%	0.10%	−0.01
ITW Illinois Tool Works	Reduce -0.7%	0.35%	−0.00
PEP Pepsico Inc.	Reduce -0.8%	0.18%	−0.00
C Citigroup Inc.	Reduce -2.5%	0.52%	−0.00
BAX Baxter International Inc.	Reduce -14.4%	0.11%	+0.00
ED Consolidated Edison Inc.	Reduce -19.6%	0.20%	+0.00
JCI Johnson Controls Internation	Reduce -1.9%	0.31%	+0.00

Portfolio Buys Q4 2024 → Q1 2025


DG Dollar General Corp.	Add +40.8%	1.18%	+0.47
GLD SPDR Gold Shares	New	0.14%	+0.14
WPM Wheaton Precious Metals Corp.	New	0.14%	+0.14
B Barrick Gold Corp.	New	0.12%	+0.12
NEM Newmont Corp.	Add +53.4%	0.18%	+0.09
NOC Northrop Grumman Corp.	New	0.08%	+0.08
VZ Verizon Communications Inc.	Add +5.4%	0.44%	+0.08
BSX Boston Scientific Corp.	New	0.08%	+0.08
SLB SLB Ltd.	Add +2.8%	0.58%	+0.07
BKR Baker Hughes Co.	Add +9.4%	0.29%	+0.05
COP Conocophillips	Add +10.4%	0.21%	+0.03
MSFT Microsoft Corp.	Add +14.9%	0.47%	+0.02
ENB Enbridge Inc.	Add +5.2%	0.17%	+0.02
GIS General Mills Inc.	Add +3.0%	0.31%	−0.01
HAL Halliburton Co.	Add +2.6%	0.68%	−0.02
MRK Merck & Co. Inc.	Add +2.9%	1.41%	−0.09

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	90	$263.0M	CAT, DE, LLY, ALL, CMI
Q1 2026	89	$237.1M	CAT, DE, RTX, LLY, ALL
Q4 2025	90	$226.9M	CAT, DE, LLY, RTX, ALL
Q3 2025	91	$217.7M	CAT, DE, ALL, MCD, LLY
Q2 2025	99	$226.2M	DE, CAT, ALL, MCD, LLY
Q1 2025	109	$265.8M	DE, CAT, MCD, ALL, LLY
Q4 2024	110	$269.9M	CAT, DE, MCD, ALL, LLY
Q3 2024	109	$274.9M	CAT, DE, LLY, MCD, ALL
Q2 2024	104	$256.1M	CAT, DE, LLY, MCD, ALL
Q1 2024	105	$271.8M	CAT, DE, LLY, ALL, MCD