Blackhill Capital Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Blackhill Capital Inc. reported 49 stock positions worth $1.7 billion. Its top holding was Williams-Sonoma (WSM) at 72.8% of the portfolio, followed by Eli Lilly (LLY, 6.6%) and Apple (AAPL, 3.0%). Compared with Q1 2025, it added to 2 and reduced 10. The biggest buy was Amazon.com (AMZN, shares +50%) and the biggest sale Abbvie (ABBV, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- MORRISTOWN, NJ
- CIK
- 0000872162
- Portfolio Value
- $1.7B (Q2 2025)
- SEC Filing
- 0000872162-25-000009 ↗ filed Aug 14, 2025
Holdings Value
Holdings 49 stocks · $1.7B
| WSM Williams-Sonoma Inc. | 72.78% | 7,725,571 | $1.3B | Reduce -0.8% |
| LLY Eli Lilly & Co. | 6.58% | 146,358 | $114.1M | No change |
| AAPL Apple Inc. | 3.03% | 255,800 | $52.5M | Reduce -2.1% |
| ABBV Abbvie Inc. | 2.71% | 252,810 | $46.9M | Reduce -2.3% |
| ABT Abbott Laboratories | 2.18% | 278,230 | $37.8M | Reduce -6.7% |
| MSFT Microsoft Corp. | 1.89% | 66,050 | $32.9M | Reduce -8.3% |
| CAT Caterpillar Inc. | 1.34% | 60,000 | $23.3M | No change |
| NVDA Nvidia Corp. | 1.27% | 139,550 | $22.0M | No change |
| ZTS Zoetis Inc. | 1.14% | 126,499 | $19.7M | Reduce -7.3% |
| MRK Merck & Co. Inc. | 0.81% | 176,707 | $14.0M | Reduce -13.6% |
| BMY Bristol-Myers Squibb Co. | 0.75% | 281,264 | $13.0M | Reduce -1.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.73% | 101,500 | $12.6M | No change |
| MA Mastercard Inc. Class A | 0.65% | 20,000 | $11.2M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.59% | 21,241 | $10.3M | No change |
| JNJ Johnson & Johnson | 0.58% | 66,187 | $10.1M | Reduce -2.9% |
| AMZN Amazon.com Inc. | 0.46% | 36,580 | $8.0M | Add +50.3% |
| PG The Procter & Gamble Co. | 0.41% | 44,871 | $7.1M | No change |
| ZBH Zimmer Biomet Holdings Inc. | 0.28% | 53,850 | $4.9M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.25% | 6 | $4.4M | No change |
| KMB Kimberly-Clark Corp. | 0.22% | 29,000 | $3.7M | Reduce -40.8% |
| EPD Enterprise Products Partners | 0.19% | 108,704 | $3.4M | No change |
| GOOG Alphabet Inc. Class C | 0.18% | 17,660 | $3.1M | No change |
| GOOGL Alphabet Inc. Class A | 0.16% | 15,980 | $2.8M | No change |
| KVUE Kenvue Inc. | 0.11% | 89,200 | $1.9M | No change |
| CVX Chevron Corp. | 0.10% | 11,550 | $1.7M | No change |
| PFE Pfizer Inc. | 0.07% | 47,633 | $1.2M | No change |
| WTRG Essential Utilities Inc. | 0.06% | 26,041 | $967K | No change |
| RMD Resmed Inc. | 0.05% | 3,400 | $877K | No change |
| MCD McDonald's Corp. | 0.05% | 3,000 | $877K | No change |
| AWK American Water Works Co. Inc. | 0.05% | 6,000 | $835K | No change |
| AWR American States Water Co. filed as AMER STATES WTR CO | 0.05% | 10,800 | $828K | No change |
| PM Philip Morris International | 0.04% | 4,200 | $765K | No change |
| WY Weyerhaeuser Co. | 0.04% | 26,240 | $674K | No change |
| FFIV F5 Inc. | 0.03% | 1,600 | $471K | No change |
| CL Colgate-Palmolive Co. | 0.03% | 5,000 | $455K | No change |
| MSEX Middlesex Water Co. | 0.02% | 6,666 | $361K | No change |
| CWT California Water Service Grp | 0.02% | 7,600 | $346K | No change |
| PCH Potlatchdeltic Corp. | 0.02% | 8,540 | $328K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.02% | 478 | $295K | No change |
| ELAN Elanco Animal Health Inc. | 0.02% | 19,803 | $283K | No change |
| MGNI Magnite Inc. | 0.02% | 11,622 | $280K | No change |
| MDY State Street SPDR S&P Midcap | 0.01% | 351 | $199K | No change |
| RYN Rayonier Inc. | 0.01% | 8,670 | $192K | No change |
| HSY The Hershey Co. | 0.01% | 600 | $100K | No change |
| TSLA Tesla Inc. | 0.00% | 200 | $64K | No change |
| NSC Norfolk Southern Corp. | 0.00% | 200 | $51K | No change |
| TR Tootsie Roll Inds | 0.00% | 1,279 | $43K | Add +3.0% |
| AVNS Avanos Medical Inc. | 0.00% | 3,098 | $38K | No change |
| ED Consolidated Edison Inc. | 0.00% | 253 | $25K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| ABBV Abbvie Inc. | Reduce -2.3% | 2.71% | −0.44 |
| AAPL Apple Inc. | Reduce -2.1% | 3.03% | −0.35 |
| MRK Merck & Co. Inc. | Reduce -13.6% | 0.81% | −0.26 |
| BMY Bristol-Myers Squibb Co. | Reduce -1.1% | 0.75% | −0.26 |
| KMB Kimberly-Clark Corp. | Reduce -40.8% | 0.22% | −0.19 |
| ZTS Zoetis Inc. | Reduce -7.3% | 1.14% | −0.17 |
| ABT Abbott Laboratories | Reduce -6.7% | 2.18% | −0.12 |
| JNJ Johnson & Johnson | Reduce -2.9% | 0.58% | −0.07 |
| MSFT Microsoft Corp. | Reduce -8.3% | 1.89% | +0.32 |
| WSM Williams-Sonoma Inc. | Reduce -0.8% | 72.78% | +1.26 |
Portfolio Buys Q1 2025 → Q2 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 47 | $2.4B | WSM, LLY, AAPL, ABBV, CAT |
| Q1 2026 | 49 | $1.9B | WSM, LLY, AAPL, ABBV, CAT |
| Q4 2025 | 50 | $1.9B | WSM, LLY, AAPL, ABBV, CAT |
| Q3 2025 | 51 | $2.0B | WSM, LLY, AAPL, ABBV, ABT |
| Q2 2025 | 49 | $1.7B | WSM, LLY, AAPL, ABBV, ABT |
| Q1 2025 | 49 | $1.7B | WSM, LLY, AAPL, ABBV, ABT |
| Q4 2024 | 50 | $1.9B | WSM, LLY, AAPL, ABBV, ABT |
| Q3 2024 | 52 | $1.7B | WSM, LLY, AAPL, ABBV, ABT |
| Q2 2024 | 53 | $1.6B | WSM, LLY, AAPL, ABBV, MSFT |
| Q1 2024 | 53 | $1.7B | WSM, LLY, ABBV, AAPL, ABT |