Blackhill Capital Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), Blackhill Capital Inc. reported 47 stock positions worth $2.4 billion. Its top holding was Williams-Sonoma (WSM) at 74.3% of the portfolio, followed by Eli Lilly (LLY, 7.2%) and Apple (AAPL, 3.0%). Compared with Q1 2026, it sold out of 2, added to 2 and reduced 4. The biggest buy was Energy Transfer (ET, shares +33%) and the biggest sale Abbott Laboratories (ABT, shares −34%).

Most Recent 13F
Q2 2026
Location
MORRISTOWN, NJ
CIK
0000872162
Portfolio Value
$2.4B (Q2 2026)
SEC Filing
0000872162-26-000008 ↗ filed Aug 13, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.7B Q1 2024 Q2 2024: $1.6B Q2 2024 Q3 2024: $1.7B Q3 2024 Q4 2024: $1.9B Q4 2024 Q1 2025: $1.7B Q1 2025 Q2 2025: $1.7B Q2 2025 Q3 2025: $2.0B Q3 2025 Q4 2025: $1.9B Q4 2025 Q1 2026: $1.9B Q1 2026 Q2 2026: $2.4B $2.4B Q2 2026

Holdings 47 stocks · $2.4B
WSM Williams-Sonoma Inc. 74.32% 7,684,278 $1.8B Reduce 0.0%
LLY Eli Lilly & Co. 7.22% 145,121 $174.1M Reduce -0.4%
AAPL Apple Inc. 2.98% 248,200 $71.8M No change
ABBV Abbvie Inc. 2.75% 263,110 $66.2M No change
CAT Caterpillar Inc. 2.63% 59,500 $63.4M No change
ET Energy Transfer LP 1.27% 1,600,000 $30.6M Add +33.3%
NVDA Nvidia Corp. 1.16% 139,950 $28.0M No change
MSFT Microsoft Corp. 1.02% 66,050 $24.6M No change
MRK Merck & Co. Inc. 0.90% 168,857 $21.7M No change
JNJ Johnson & Johnson 0.68% 64,187 $16.3M No change
ABT Abbott Laboratories 0.67% 177,930 $16.1M Reduce -33.7%
BMY Bristol-Myers Squibb Co. 0.66% 275,364 $15.9M No change
BRK.B Berkshire Hathaway Inc. Class B 0.44% 21,237 $10.6M No change
MA Mastercard Inc. Class A 0.43% 20,000 $10.3M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.41% 101,500 $9.8M No change
AMZN Amazon.com Inc. 0.36% 36,580 $8.7M No change
PG The Procter & Gamble Co. 0.27% 44,871 $6.6M No change
GOOG Alphabet Inc. Class C 0.26% 17,660 $6.2M No change
GOOGL Alphabet Inc. Class A 0.24% 15,980 $5.7M No change
ZTS Zoetis Inc. 0.20% 68,296 $4.9M Reduce -28.8%
BRK.A Berkshire Hathaway Inc. Class A 0.19% 6 $4.5M No change
EPD Enterprise Products Partners 0.16% 107,704 $4.0M No change
ZBH Zimmer Biomet Holdings Inc. 0.15% 42,079 $3.6M No change
KMB Kimberly-Clark Corp. 0.13% 29,000 $3.2M No change
CVX Chevron Corp. 0.08% 11,550 $1.9M No change
PFE Pfizer Inc. 0.05% 47,178 $1.1M No change
WTRG Essential Utilities Inc. 0.04% 26,041 $998K No change
AWR American States Water Co. filed as AMER STATES WTR CO 0.04% 10,800 $892K No change
MCD McDonald's Corp. 0.03% 3,000 $811K No change
AWK American Water Works Co. Inc. 0.03% 6,000 $789K No change
PM Philip Morris International 0.03% 4,200 $760K No change
FFIV F5 Inc. 0.03% 1,600 $666K No change
RMD Resmed Inc. 0.03% 3,400 $663K No change
WY Weyerhaeuser Co. 0.03% 26,240 $628K No change
ELAN Elanco Animal Health Inc. 0.02% 18,891 $465K No change
CL Colgate-Palmolive Co. 0.02% 5,000 $458K No change
MSEX Middlesex Water Co. 0.02% 6,666 $374K No change
CWT California Water Service Grp 0.02% 7,600 $370K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.01% 478 $357K No change
MDY State Street SPDR S&P Midcap 0.01% 351 $247K No change
MGNI Magnite Inc. 0.00% 5,991 $114K No change
HSY The Hershey Co. 0.00% 600 $105K No change
TSLA Tesla Inc. 0.00% 200 $84K No change
NSC Norfolk Southern Corp. 0.00% 200 $63K No change
AVNS Avanos Medical Inc. 0.00% 2,375 $59K No change
TR Tootsie Roll Inds 0.00% 1,317 $52K Add +3.0%
ED Consolidated Edison Inc. 0.00% 253 $28K No change

Portfolio Sells Q1 2026 → Q2 2026
ABT Abbott Laboratories Reduce -33.7% 0.67% −0.75
ZTS Zoetis Inc. Reduce -28.8% 0.20% −0.38
RYN Rayonier Inc. Sold out 0.00% −0.03
NFLX Netflix Inc. Sold out 0.00% −0.00
LLY Eli Lilly & Co. Reduce -0.4% 7.22% +0.32
WSM Williams-Sonoma Inc. Reduce 0.0% 74.32% +2.21

Portfolio Buys Q1 2026 → Q2 2026
ET Energy Transfer LP Add +33.3% 1.27% +0.08
TR Tootsie Roll Inds Add +3.0% 0.00% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 47$2.4BWSM, LLY, AAPL, ABBV, CAT
Q1 2026 49$1.9BWSM, LLY, AAPL, ABBV, CAT
Q4 2025 50$1.9BWSM, LLY, AAPL, ABBV, CAT
Q3 2025 51$2.0BWSM, LLY, AAPL, ABBV, ABT
Q2 2025 49$1.7BWSM, LLY, AAPL, ABBV, ABT
Q1 2025 49$1.7BWSM, LLY, AAPL, ABBV, ABT
Q4 2024 50$1.9BWSM, LLY, AAPL, ABBV, ABT
Q3 2024 52$1.7BWSM, LLY, AAPL, ABBV, ABT
Q2 2024 53$1.6BWSM, LLY, AAPL, ABBV, MSFT
Q1 2024 53$1.7BWSM, LLY, ABBV, AAPL, ABT