Bourgeon Capital Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 19, 2024), Bourgeon Capital Management LLC reported 112 stock positions worth $511.1 million. Its top holding was JPMorgan Chase (JPM) at 5.0% of the portfolio, followed by Microsoft (MSFT, 4.3%) and Merck (MRK, 3.7%). Compared with Q4 2023, it opened 5 new positions, sold out of 293, added to 79 and reduced 17. The biggest buy was Marvell Technology (MRVL, shares +12348%) and the biggest sale an exit from CrowdStrike Class A (CRWD).
- Most Recent 13F
- Q2 2026
- Location
- Darien, CT
- CIK
- 0001088731
- Portfolio Value
- $511.1M (Q1 2024)
- SEC Filing
- 0001019056-24-000145 ↗ filed Apr 19, 2024
Holdings Value
Holdings 112 stocks · $511.1M
| JPM JPMorgan Chase & Co. | 5.04% | 128,685 | $25.8M | Add +0.8% |
| MSFT Microsoft Corp. | 4.27% | 51,888 | $21.8M | Add +0.0% |
| MRK Merck & Co. Inc. | 3.71% | 143,556 | $18.9M | Add +0.8% |
| GOOGL Alphabet Inc. Class A | 3.30% | 111,645 | $16.9M | Reduce -4.4% |
| HON Honeywell International Inc. | 3.15% | 78,357 | $16.1M | Add +0.1% |
| AMGN Amgen Inc. | 3.00% | 53,936 | $15.3M | Add +27.6% |
| FCX Freeport-McMoran Inc. | 2.87% | 311,687 | $14.7M | Add +71.1% |
| PNC PNC Financial Services Group | 2.85% | 90,275 | $14.6M | Add +1.4% |
| DHR Danaher Corp. | 2.74% | 56,022 | $14.0M | Add +0.6% |
| ETN Eaton Corp. PLC | 2.70% | 44,065 | $13.8M | Add +1.0% |
| QCOM Qualcomm Inc. | 2.58% | 77,875 | $13.2M | Reduce -30.0% |
| AMZN Amazon.com Inc. | 2.41% | 68,424 | $12.3M | Add +1.0% |
| MDT Medtronic PLC | 2.41% | 141,137 | $12.3M | Add +0.7% |
| NEE Nextera Energy Inc. | 2.34% | 187,497 | $12.0M | Add +42.0% |
| ACN Accenture PLC Class A | 2.24% | 33,072 | $11.5M | Add +44.7% |
| TER Teradyne Inc. | 2.23% | 100,807 | $11.4M | Add +0.7% |
| COP Conocophillips | 2.21% | 88,910 | $11.3M | Add +4.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.10% | 283,481 | $10.7M | Add +0.1% |
| PWR Quanta Services Inc. | 1.96% | 38,490 | $10.0M | Add +103.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.89% | 79,058 | $9.7M | Add +24.1% |
| CVS CVS Health Corp. | 1.86% | 119,265 | $9.5M | Reduce -0.0% |
| TEVA Teva Pharmaceutical-SP ADR | 1.84% | 665,092 | $9.4M | Add +1.0% |
| HUBB Hubbell Inc. | 1.80% | 22,194 | $9.2M | Add +1.1% |
| APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC | 1.79% | 115,110 | $9.2M | Add +0.9% |
| MRVL Marvell Technology Inc. | 1.76% | 126,966 | $9.0M | Add +12347.6% |
| RTX RTX Corp. | 1.68% | 87,795 | $8.6M | Add +11.2% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.59% | 148,291 | $8.1M | Add +3.6% |
| J Jacobs Solutions Inc. | 1.56% | 51,750 | $8.0M | Add +0.7% |
| MDLZ Mondelez International Inc. Class A | 1.55% | 113,008 | $7.9M | Add +2.8% |
| CSX CSX Corp. | 1.55% | 213,325 | $7.9M | Add +1.1% |
| AAPL Apple Inc. | 1.44% | 42,908 | $7.4M | Reduce -0.4% |
| BKR Baker Hughes Co. | 1.43% | 217,860 | $7.3M | Add +1.1% |
| PLD Prologis Inc. | 1.34% | 52,405 | $6.8M | Add +1.6% |
| PYPL PayPal Holdings Inc. | 1.19% | 90,742 | $6.1M | Add +5.0% |
| EPD Enterprise Products Partners | 1.13% | 197,199 | $5.8M | Reduce -0.6% |
| GILD Gilead Sciences Inc. | 1.12% | 78,212 | $5.7M | Add +1.9% |
| TTE Totalenergies SE -Spon ADR | 1.09% | 80,721 | $5.6M | Reduce -0.1% |
| XAR SS SPDR S&P Aerospace Def | 1.06% | 38,652 | $5.4M | Reduce -0.1% |
| BLK BlackRock Finance Inc. | 0.95% | 5,846 | $4.9M | Add +1.3% |
| C Citigroup Inc. | 0.90% | 72,962 | $4.6M | Add +0.0% |
| KMI Kinder Morgan Inc. | 0.83% | 230,241 | $4.2M | Add +2.0% |
| ET Energy Transfer LP | 0.81% | 262,495 | $4.1M | Reduce -0.6% |
| ADI Analog Devices Inc. | 0.79% | 20,353 | $4.0M | Reduce -0.7% |
| OGN Organon & Co. | 0.78% | 211,453 | $4.0M | Add +214.6% |
| CTRA Coterra Energy Inc. | 0.68% | 125,358 | $3.5M | Add +0.0% |
| UNH Unitedhealth Group Inc. | 0.65% | 6,681 | $3.3M | Add +27.8% |
| NVDA Nvidia Corp. | 0.58% | 3,290 | $3.0M | Add +677.8% |
| JNJ Johnson & Johnson | 0.56% | 18,011 | $2.8M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.48% | 5,806 | $2.4M | Add +0.2% |
| ARE Alexandria Real Estate Equit | 0.46% | 18,188 | $2.3M | Add +5.5% |
| XOM Exxon Mobil Corp. | 0.44% | 19,422 | $2.3M | Add +7.0% |
| GTLS Chart Industries Inc. | 0.44% | 13,692 | $2.3M | Add +114000.0% |
| ASLE Aersale Corp. | 0.41% | 292,291 | $2.1M | Add +83.9% |
| CVX Chevron Corp. | 0.37% | 11,913 | $1.9M | Reduce -4.1% |
| GOOG Alphabet Inc. Class C | 0.36% | 12,246 | $1.9M | Add +68.5% |
| CC The Chemours Co. | 0.36% | 70,250 | $1.8M | Add +21.1% |
| PFE Pfizer Inc. | 0.36% | 65,872 | $1.8M | Add +39.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.32% | 3,123 | $1.6M | Add +20.6% |
| WBD Warner Bros Discovery Inc. | 0.30% | 176,502 | $1.5M | Add +358.4% |
| TDUP Thredup Inc. Class A | 0.27% | 694,056 | $1.4M | No change |
| BIV Vanguard Intermediate-Term B | 0.26% | 17,526 | $1.3M | Add +6.8% |
| SONY Sony Group Corp. - SP ADR | 0.23% | 13,690 | $1.2M | Add +21.3% |
| HAL Halliburton Co. | 0.23% | 29,307 | $1.2M | Reduce -0.4% |
| AGG iShares Core U.S. Aggregate | 0.20% | 10,518 | $1.0M | Add +106.7% |
| PH Parker Hannifin Corp. | 0.20% | 1,826 | $1.0M | Reduce -31.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.20% | 3,892 | $1.0M | Add +2.3% |
| RIG Transocean Ltd. | 0.20% | 159,750 | $1.0M | Add +369.9% |
| MOS The Mosaic Co. | 0.18% | 28,805 | $935K | Add +0.0% |
| EOG EOG Resources Inc. | 0.16% | 6,304 | $806K | Add +0.1% |
| ARHS Arhaus Inc. | 0.15% | 50,000 | $770K | New |
| VOO Vanguard S&P 500 ETF | 0.14% | 1,484 | $713K | Add +869.9% |
| IGRO iShares Intl Div Growth ETF | 0.14% | 10,281 | $693K | Add +13.5% |
| XLF SS Financial Select Sector | 0.13% | 15,762 | $664K | No change |
| IWD iShares Russell 1000 Value E | 0.12% | 3,528 | $632K | No change |
| MTD Mettler-Toledo International | 0.12% | 459 | $611K | Add +9080.0% |
| GRID First TRST Nasd Class Edg Sgiif | 0.12% | 5,296 | $607K | Add +13.7% |
| IESC Ies Holdings Inc. filed as IES HLDGS INC | 0.12% | 4,918 | $598K | Reduce -9.2% |
| FSLR First Solar Inc. | 0.11% | 3,435 | $580K | Add +1756.8% |
| LMB Limbach Holdings Inc. | 0.11% | 13,483 | $558K | Reduce -6.9% |
| PPG PPG Industries Inc. | 0.10% | 3,626 | $525K | Add +2800.8% |
| IBB iShares Biotechnology ETF | 0.10% | 3,676 | $504K | Add +4.9% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.09% | 18,784 | $474K | Add +3.5% |
| LULU Lululemon Athletica Inc. | 0.09% | 1,210 | $473K | Add +0.8% |
| IWF iShares Russell 1000 Growth | 0.09% | 1,350 | $455K | No change |
| DVYA iShares Asia/Pacific Dividen | 0.09% | 12,473 | $452K | Add +141.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.08% | 5,366 | $398K | Add +2.2% |
| ULTA Ulta Beauty Inc. | 0.08% | 750 | $392K | No change |
| ETNB 89BIO Inc. | 0.08% | 33,650 | $392K | Reduce -4.7% |
| EMGF iShares Emerging Markets Equ | 0.08% | 8,739 | $389K | Add +4.8% |
| AKRO Akero Therapeutics Inc. | 0.07% | 15,150 | $383K | New |
| PROSHARES TR | 0.07% | 36,250 | $380K | Add +64.8% |
| SBUX Starbucks Corp. | 0.07% | 4,013 | $367K | Add +80160.0% |
| IWP iShares Russell Mid-Cap Grow | 0.07% | 3,151 | $360K | No change |
| COST Costco Wholesale Corp. | 0.07% | 459 | $336K | Add +0.7% |
| USMV iShares MSCI USA Min Vol Fac | 0.06% | 3,900 | $326K | New |
| ZTS Zoetis Inc. | 0.06% | 1,864 | $315K | Add +3866.0% |
| HD Home Depot Inc. | 0.06% | 774 | $297K | Add +0.9% |
| EW Edwards Lifesciences Corp. | 0.06% | 3,004 | $287K | New |
| AWK American Water Works Co. Inc. | 0.05% | 2,216 | $271K | Add +0.1% |
| TGT Target Corp. | 0.05% | 1,503 | $266K | Reduce -34.6% |
Portfolio Sells Q4 2023 → Q1 2024
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −1.66 |
| WAB Wabtec Corp. | Sold out | 0.00% | −1.26 |
| QCOM Qualcomm Inc. | Reduce -30.0% | 2.58% | −0.98 |
| APH Amphenol Corp. Class A | Sold out | 0.00% | −0.48 |
| AAPL Apple Inc. | Reduce -0.4% | 1.44% | −0.39 |
| VLTO Veralto Corp. | Sold out | 0.00% | −0.32 |
| GOOGL Alphabet Inc. Class A | Reduce -4.4% | 3.30% | −0.31 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.24 |
| CVS CVS Health Corp. | Reduce -0.0% | 1.86% | −0.22 |
| TTE Totalenergies SE -Spon ADR | Reduce -0.1% | 1.09% | −0.12 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.11 |
| ADI Analog Devices Inc. | Reduce -0.7% | 0.79% | −0.11 |
| XAR SS SPDR S&P Aerospace Def | Reduce -0.1% | 1.06% | −0.09 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −0.08 |
| PH Parker Hannifin Corp. | Reduce -31.7% | 0.20% | −0.07 |
| WPC WP Carey Inc. | Sold out | 0.00% | −0.05 |
| CCI Crown Castle Inc. | Sold out | 0.00% | −0.04 |
| MP MP Materials Corp. | Sold out | 0.00% | −0.04 |
| CVX Chevron Corp. | Reduce -4.1% | 0.37% | −0.04 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.04 |
| DLR Digital Realty Trust Inc. | Sold out | 0.00% | −0.04 |
| AWR American States Water Co. | Sold out | 0.00% | −0.04 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.04 |
| LMB Limbach Holdings Inc. | Reduce -6.9% | 0.11% | −0.04 |
| ESGR Enstar Group Ltd. | Sold out | 0.00% | −0.03 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Sold out | 0.00% | −0.03 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.03 |
| WLKP Westlake Chemical Partners L | Sold out | 0.00% | −0.03 |
| EPD Enterprise Products Partners | Reduce -0.6% | 1.13% | −0.03 |
| ARCC Ares Capital Corp. | Sold out | 0.00% | −0.03 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.03 |
| DXJ Wisdomtree Japan Hedged Eq | Sold out | 0.00% | −0.03 |
| ESGD iShares Trust iShares ESG Aw | Sold out | 0.00% | −0.02 |
| ARKK ARK Innovation ETF | Sold out | 0.00% | −0.02 |
| IWN iShares Russell 2000 Value E | Sold out | 0.00% | −0.02 |
| TGT Target Corp. | Reduce -34.6% | 0.05% | −0.02 |
| OKE Oneok Inc. | Sold out | 0.00% | −0.02 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.02 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.02 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.02 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.02 |
| SPDW Ste STR SPDR PT DW Eu ETF | Sold out | 0.00% | −0.02 |
| NTR Nutrien Ltd. | Sold out | 0.00% | −0.02 |
| AER Aercap Holdings NV | Sold out | 0.00% | −0.02 |
| VXUS Vanguard Total Intl Stock | Sold out | 0.00% | −0.02 |
| OBDC Blue Owl Capital Corp. | Sold out | 0.00% | −0.02 |
| IWO iShares Russell 2000 Growth | Sold out | 0.00% | −0.02 |
| AA Alcoa Corp. | Sold out | 0.00% | −0.01 |
| ESGE iShares Inc. iShares ESG Awar | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| MRVL Marvell Technology Inc. | Add +12347.6% | 1.76% | +1.75 |
| FCX Freeport-McMoran Inc. | Add +71.1% | 2.87% | +1.15 |
| PWR Quanta Services Inc. | Add +103.3% | 1.96% | +1.05 |
| DIS The Walt Disney Co. | Add +24.1% | 1.89% | +0.62 |
| NEE Nextera Energy Inc. | Add +42.0% | 2.34% | +0.57 |
| OGN Organon & Co. | Add +214.6% | 0.78% | +0.56 |
| NVDA Nvidia Corp. | Add +677.8% | 0.58% | +0.54 |
| ACN Accenture PLC Class A | Add +44.7% | 2.24% | +0.47 |
| GTLS Chart Industries Inc. | Add +114000.0% | 0.44% | +0.44 |
| ETN Eaton Corp. PLC | Add +1.0% | 2.70% | +0.37 |
| TEVA Teva Pharmaceutical-SP ADR | Add +1.0% | 1.84% | +0.32 |
| AMGN Amgen Inc. | Add +27.6% | 3.00% | +0.31 |
| MRK Merck & Co. Inc. | Add +0.8% | 3.71% | +0.28 |
| JPM JPMorgan Chase & Co. | Add +0.8% | 5.04% | +0.25 |
| RTX RTX Corp. | Add +11.2% | 1.68% | +0.21 |
| HUBB Hubbell Inc. | Add +1.1% | 1.80% | +0.21 |
| WBD Warner Bros Discovery Inc. | Add +358.4% | 0.30% | +0.20 |
| ARHS Arhaus Inc. | New | 0.15% | +0.15 |
| RIG Transocean Ltd. | Add +369.9% | 0.20% | +0.15 |
| AMZN Amazon.com Inc. | Add +1.0% | 2.41% | +0.14 |
| GOOG Alphabet Inc. Class C | Add +68.5% | 0.36% | +0.14 |
| VOO Vanguard S&P 500 ETF | Add +869.9% | 0.14% | +0.12 |
| MTD Mettler-Toledo International | Add +9080.0% | 0.12% | +0.12 |
| FSLR First Solar Inc. | Add +1756.8% | 0.11% | +0.11 |
| PPG PPG Industries Inc. | Add +2800.8% | 0.10% | +0.10 |
| AGG iShares Core U.S. Aggregate | Add +106.7% | 0.20% | +0.09 |
| J Jacobs Solutions Inc. | Add +0.7% | 1.56% | +0.08 |
| AKRO Akero Therapeutics Inc. | New | 0.07% | +0.07 |
| C Citigroup Inc. | Add +0.0% | 0.90% | +0.07 |
| SBUX Starbucks Corp. | Add +80160.0% | 0.07% | +0.07 |
| USMV iShares MSCI USA Min Vol Fac | New | 0.06% | +0.06 |
| ZTS Zoetis Inc. | Add +3866.0% | 0.06% | +0.06 |
| PFE Pfizer Inc. | Add +39.9% | 0.36% | +0.06 |
| EW Edwards Lifesciences Corp. | New | 0.06% | +0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +20.6% | 0.32% | +0.05 |
| DVYA iShares Asia/Pacific Dividen | Add +141.3% | 0.09% | +0.05 |
| BA The Boeing Co. | New | 0.05% | +0.05 |
| XOM Exxon Mobil Corp. | Add +7.0% | 0.44% | +0.04 |
| UNH Unitedhealth Group Inc. | Add +27.8% | 0.65% | +0.04 |
| COP Conocophillips | Add +4.1% | 2.21% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.2% | 0.48% | +0.02 |
| PYPL PayPal Holdings Inc. | Add +5.0% | 1.19% | +0.02 |
| ALLO Allogene Therapeutics Inc. | Add +12.8% | 0.05% | +0.01 |
| GRID First TRST Nasd Class Edg Sgiif | Add +13.7% | 0.12% | +0.01 |
| IEMG iShares Core MSCI Emerging | Add +47.5% | 0.04% | +0.01 |
| PROSHARES TR | Add +64.8% | 0.07% | +0.01 |
| GE General Electric | Add +0.6% | 0.04% | +0.01 |
| IGRO iShares Intl Div Growth ETF | Add +13.5% | 0.14% | +0.01 |
| XBI SS SPDR S&P Biotech ETF | Add +18.1% | 0.04% | +0.00 |
| HD Home Depot Inc. | Add +0.9% | 0.06% | −0.00 |
Notes & Other Activity Q4 2023 → Q1 2024
| BBAI.WS Bigbear.ai Holdings -CW28 | *W EXP 12/08/202 | Sold out | 666 | $226before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 101 | $659.4M | GOOGL, LLY, JPM, MRVL, HUBB |
| Q1 2026 | 104 | $563.4M | GOOGL, JPM, LLY, MRK, HUBB |
| Q4 2025 | 120 | $603.0M | GOOGL, JPM, LLY, MSFT, TEVA |
| Q3 2025 | 106 | $539.8M | GOOGL, JPM, MSFT, LLY, ETN |
| Q2 2025 | 106 | $496.5M | JPM, GOOGL, MSFT, ETN, AMZN |
| Q1 2025 | 104 | $455.6M | JPM, GOOGL, MSFT, MRK, AMZN |
| Q4 2024 | 117 | $526.4M | JPM, MSFT, GOOGL, HON, AMZN |
| Q3 2024 | 105 | $519.8M | JPM, MSFT, GOOGL, AMGN, MRK |
| Q2 2024 | 109 | $510.3M | JPM, MSFT, GOOGL, MRK, AMGN |
| Q1 2024 | 112 | $511.1M | JPM, MSFT, MRK, GOOGL, HON |