Bourgeon Capital Management LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 11, 2024), Bourgeon Capital Management LLC reported 109 stock positions worth $510.3 million. Its top holding was JPMorgan Chase (JPM) at 5.1% of the portfolio, followed by Microsoft (MSFT, 4.6%) and Alphabet Class A (GOOGL, 4.0%). Compared with Q1 2024, it opened 5 new positions, sold out of 8, added to 63 and reduced 25. The biggest buy was Apple (AAPL, shares +27%) and the biggest sale Jacobs Solutions (J, shares −68%).

Most Recent 13F
Q2 2026
Location
Darien, CT
CIK
0001088731
Portfolio Value
$510.3M (Q2 2024)
SEC Filing
0001019056-24-000209 ↗ filed Jul 11, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $511.1M Q1 2024 Q2 2024: $510.3M $510.3M Q2 2024 Q3 2024: $519.8M Q3 2024 Q4 2024: $526.4M Q4 2024 Q1 2025: $455.6M Q1 2025 Q2 2025: $496.5M Q2 2025 Q3 2025: $539.8M Q3 2025 Q4 2025: $603.0M Q4 2025 Q1 2026: $563.4M Q1 2026 Q2 2026: $659.4M Q2 2026

Holdings 109 stocks · $510.3M
JPM JPMorgan Chase & Co. 5.11% 128,959 $26.1M Add +0.2%
MSFT Microsoft Corp. 4.60% 52,516 $23.5M Add +1.2%
GOOGL Alphabet Inc. Class A 4.01% 112,276 $20.5M Add +0.6%
MRK Merck & Co. Inc. 3.48% 143,490 $17.8M Reduce -0.1%
AMGN Amgen Inc. 3.32% 54,254 $17.0M Add +0.6%
HON Honeywell International Inc. 3.29% 78,584 $16.8M Add +0.3%
PNC PNC Financial Services Group 2.79% 91,515 $14.2M Add +1.4%
DHR Danaher Corp. 2.76% 56,459 $14.1M Add +0.8%
ETN Eaton Corp. PLC 2.72% 44,186 $13.9M Add +0.3%
AMZN Amazon.com Inc. 2.63% 69,370 $13.4M Add +1.4%
NEE Nextera Energy Inc. 2.62% 188,901 $13.4M Add +0.8%
ACN Accenture PLC Class A 2.48% 41,746 $12.7M Add +26.2%
QCOM Qualcomm Inc. 2.41% 61,820 $12.3M Reduce -20.6%
AAPL Apple Inc. 2.26% 54,674 $11.5M Add +27.4%
MDLZ Mondelez International Inc. Class A 2.25% 175,092 $11.5M Add +54.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.24% 287,839 $11.4M Add +1.5%
MDT Medtronic PLC 2.19% 141,861 $11.2M Add +0.5%
CSX CSX Corp. 2.13% 325,632 $10.9M Add +52.6%
TEVA Teva Pharmaceutical-SP ADR 2.13% 668,336 $10.9M Add +0.5%
COP Conocophillips 2.00% 89,344 $10.2M Add +0.5%
TER Teradyne Inc. 1.97% 67,629 $10.0M Reduce -32.9%
PWR Quanta Services Inc. 1.91% 38,398 $9.8M Reduce -0.2%
FCX Freeport-McMoran Inc. 1.85% 194,491 $9.5M Reduce -37.6%
MRVL Marvell Technology Inc. 1.77% 129,519 $9.1M Add +2.0%
RTX RTX Corp. 1.71% 86,965 $8.7M Reduce -0.9%
HUBB Hubbell Inc. 1.60% 22,391 $8.2M Add +0.9%
APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC 1.58% 114,742 $8.1M Reduce -0.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.55% 79,612 $7.9M Add +0.7%
BKR Baker Hughes Co. 1.51% 219,686 $7.7M Add +0.8%
CVS CVS Health Corp. 1.49% 129,002 $7.6M Add +8.2%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 1.39% 150,411 $7.1M Add +1.4%
PLD Prologis Inc. 1.22% 55,429 $6.2M Add +5.8%
EPD Enterprise Products Partners 1.12% 197,484 $5.7M Add +0.1%
XAR SS SPDR S&P Aerospace Def 1.06% 38,552 $5.4M Reduce -0.3%
GILD Gilead Sciences Inc. 1.05% 78,118 $5.4M Reduce -0.1%
TTE Totalenergies SE -Spon ADR 1.03% 78,696 $5.2M Reduce -2.5%
PYPL PayPal Holdings Inc. 1.02% 89,758 $5.2M Reduce -1.1%
C Citigroup Inc. 0.91% 72,991 $4.6M Add +0.0%
NVDA Nvidia Corp. 0.89% 36,795 $4.5M Add +11.8%
BLK BlackRock Finance Inc. 0.89% 5,770 $4.5M Reduce -1.3%
OGN Organon & Co. 0.86% 212,277 $4.4M Add +0.4%
ET Energy Transfer LP 0.84% 263,527 $4.3M Add +0.4%
KMI Kinder Morgan Inc. 0.70% 179,346 $3.6M Reduce -22.1%
CTRA Coterra Energy Inc. 0.66% 126,629 $3.4M Add +1.0%
ADI Analog Devices Inc. 0.60% 13,509 $3.1M Reduce -33.6%
UNH Unitedhealth Group Inc. 0.54% 5,395 $2.7M Reduce -19.3%
JNJ Johnson & Johnson 0.52% 18,170 $2.7M Add +0.9%
BRK.B Berkshire Hathaway Inc. Class B 0.49% 6,196 $2.5M Add +6.7%
AMD Advanced Micro Devices 0.49% 15,529 $2.5M New
J Jacobs Solutions Inc. 0.46% 16,694 $2.3M Reduce -67.7%
GOOG Alphabet Inc. Class C 0.45% 12,484 $2.3M Add +1.9%
XOM Exxon Mobil Corp. 0.45% 19,832 $2.3M Add +2.1%
ARE Alexandria Real Estate Equit 0.43% 18,967 $2.2M Add +4.3%
SONY Sony Group Corp. - SP ADR 0.41% 24,707 $2.1M Add +80.5%
GTLS Chart Industries Inc. 0.40% 14,127 $2.0M Add +3.2%
ASLE Aersale Corp. 0.40% 292,291 $2.0M No change
CVX Chevron Corp. 0.39% 12,563 $2.0M Add +5.5%
CC The Chemours Co. 0.32% 71,750 $1.6M Add +2.1%
MU Micron Technology Inc. 0.32% 12,287 $1.6M New
SPY SS SPDR S&P 500 ETF Trust-US 0.29% 2,727 $1.5M Reduce -12.7%
PFE Pfizer Inc. 0.28% 51,439 $1.4M Reduce -21.9%
BIV Vanguard Intermediate-Term B 0.28% 19,096 $1.4M Add +9.0%
WBD Warner Bros Discovery Inc. 0.26% 176,569 $1.3M Add +0.0%
TDUP Thredup Inc. Class A 0.23% 694,056 $1.2M No change
AGG iShares Core U.S. Aggregate 0.21% 11,228 $1.1M Add +6.8%
VTI VG Morningstar TS MKT ETF-US 0.20% 3,892 $1.0M No change
MOS The Mosaic Co. 0.20% 34,617 $1.0M Add +20.2%
HAL Halliburton Co. 0.19% 29,233 $987K Reduce -0.3%
VOO Vanguard S&P 500 ETF 0.16% 1,619 $810K Add +9.1%
LMB Limbach Holdings Inc. 0.15% 13,483 $768K No change
IGRO iShares Intl Div Growth ETF 0.14% 10,261 $692K Reduce -0.2%
IESC Ies Holdings Inc. filed as IES HLDGS INC 0.13% 4,918 $685K No change
MTD Mettler-Toledo International 0.13% 459 $641K No change
IWD iShares Russell 1000 Value E 0.12% 3,528 $616K No change
RIG Transocean Ltd. 0.12% 115,033 $615K Reduce -28.0%
SCHE Schwab Emrg Mrkts Eqty ETF 0.11% 20,599 $547K Add +9.7%
COST Costco Wholesale Corp. 0.10% 615 $523K Add +34.0%
IBB iShares Biotechnology ETF 0.10% 3,745 $514K Add +1.9%
IWF iShares Russell 1000 Growth 0.10% 1,350 $492K No change
EOG EOG Resources Inc. 0.09% 3,804 $479K Reduce -39.7%
PPG PPG Industries Inc. 0.09% 3,629 $457K Add +0.1%
DVYA iShares Asia/Pacific Dividen 0.09% 12,783 $449K Add +2.5%
EMGF iShares Emerging Markets Equ 0.09% 9,512 $444K Add +8.8%
FXI iShares China Large-Cap ETF 0.08% 16,396 $426K New
IEFA iShares Core MSCI Eafe ETF 0.08% 5,366 $390K No change
GRID First TRST Nasd Class Edg Sgiif 0.07% 3,176 $367K Reduce -40.0%
LULU Lululemon Athletica Inc. 0.07% 1,213 $362K Add +0.3%
PROSHARES TR 0.07% 42,250 $350K Add +16.6%
IWP iShares Russell Mid-Cap Grow 0.07% 3,151 $348K No change
USMV iShares MSCI USA Min Vol Fac 0.06% 3,900 $327K No change
ZTS Zoetis Inc. 0.06% 1,876 $325K Add +0.6%
SBUX Starbucks Corp. 0.06% 4,036 $314K Add +0.6%
XLF SS Financial Select Sector 0.06% 7,622 $313K Reduce -51.6%
ALLO Allogene Therapeutics Inc. 0.06% 132,455 $309K Add +131.6%
ULTA Ulta Beauty Inc. 0.06% 751 $290K Add +0.1%
AWK American Water Works Co. Inc. 0.06% 2,222 $287K Add +0.3%
EW Edwards Lifesciences Corp. 0.05% 3,008 $278K Add +0.1%
ETNB 89BIO Inc. 0.05% 33,650 $270K No change
HD Home Depot Inc. 0.05% 779 $268K Add +0.7%
DOCU Docusign Inc. 0.05% 4,751 $254K New
IEMG iShares Core MSCI Emerging 0.05% 4,345 $233K No change
AX Axos Financial Inc. 0.04% 4,000 $229K No change
FEZ State Street SPDR Euro Stoxx 0.04% 4,498 $225K New
XBI SS SPDR S&P Biotech ETF 0.04% 2,427 $225K Add +5.9%
TGT Target Corp. 0.04% 1,507 $223K Add +0.3%
IAU iShares Gold Trust 0.04% 4,846 $213K No change
GE General Electric filed as GE AEROSPACE 0.04% 1,304 $207K Add +2.8%
AKRO Akero Therapeutics Inc. 0.04% 8,700 $204K Reduce -42.6%
KTOS Kratos Defense & Security 0.04% 10,000 $200K No change

Portfolio Sells Q1 2024 → Q2 2024
J Jacobs Solutions Inc. Reduce -67.7% 0.46% −1.10
FCX Freeport-McMoran Inc. Reduce -37.6% 1.85% −1.01
TER Teradyne Inc. Reduce -32.9% 1.97% −0.26
MRK Merck & Co. Inc. Reduce -0.1% 3.48% −0.22
APTV Aptiv Irish Holdings Ltd. Reduce -0.3% 1.58% −0.21
PH Parker Hannifin Corp. Sold out 0.00% −0.20
ADI Analog Devices Inc. Reduce -33.6% 0.60% −0.18
PYPL PayPal Holdings Inc. Reduce -1.1% 1.02% −0.17
QCOM Qualcomm Inc. Reduce -20.6% 2.41% −0.17
ARHS Arhaus Inc. Sold out 0.00% −0.15
KMI Kinder Morgan Inc. Reduce -22.1% 0.70% −0.13
FSLR First Solar Inc. Sold out 0.00% −0.11
UNH Unitedhealth Group Inc. Reduce -19.3% 0.54% −0.11
RIG Transocean Ltd. Reduce -28.0% 0.12% −0.08
PFE Pfizer Inc. Reduce -21.9% 0.28% −0.08
GILD Gilead Sciences Inc. Reduce -0.1% 1.05% −0.07
XLF SS Financial Select Sector Reduce -51.6% 0.06% −0.07
EOG EOG Resources Inc. Reduce -39.7% 0.09% −0.06
BLK BlackRock Finance Inc. Reduce -1.3% 0.89% −0.06
TTE Totalenergies SE -Spon ADR Reduce -2.5% 1.03% −0.06
BA The Boeing Co. Sold out 0.00% −0.05
GRID First TRST Nasd Class Edg Sgiif Reduce -40.0% 0.07% −0.05
PWR Quanta Services Inc. Reduce -0.2% 1.91% −0.04
ALXO Alx Oncology Holdings Inc. Sold out 0.00% −0.04
ICLN iShares Global Clean Energy Sold out 0.00% −0.04
AKRO Akero Therapeutics Inc. Reduce -42.6% 0.04% −0.03
HAL Halliburton Co. Reduce -0.3% 0.19% −0.03
SPY SS SPDR S&P 500 ETF Trust-US Reduce -12.7% 0.29% −0.03
F Ford Motor Co. Sold out 0.00% −0.03
VOR Vor Biopharma Inc. Sold out 0.00% −0.01
XAR SS SPDR S&P Aerospace Def Reduce -0.3% 1.06% −0.01
IGRO iShares Intl Div Growth ETF Reduce -0.2% 0.14% 0.00
RTX RTX Corp. Reduce -0.9% 1.71% +0.04

Portfolio Buys Q1 2024 → Q2 2024
AAPL Apple Inc. Add +27.4% 2.26% +0.82
GOOGL Alphabet Inc. Class A Add +0.6% 4.01% +0.71
MDLZ Mondelez International Inc. Class A Add +54.9% 2.25% +0.70
CSX CSX Corp. Add +52.6% 2.13% +0.59
AMD Advanced Micro Devices New 0.49% +0.49
MSFT Microsoft Corp. Add +1.2% 4.60% +0.33
AMGN Amgen Inc. Add +0.6% 3.32% +0.32
MU Micron Technology Inc. New 0.32% +0.32
NVDA Nvidia Corp. Add +11.8% 0.89% +0.31
TEVA Teva Pharmaceutical-SP ADR Add +0.5% 2.13% +0.29
NEE Nextera Energy Inc. Add +0.8% 2.62% +0.28
ACN Accenture PLC Class A Add +26.2% 2.48% +0.24
AMZN Amazon.com Inc. Add +1.4% 2.63% +0.21
SONY Sony Group Corp. - SP ADR Add +80.5% 0.41% +0.18
HON Honeywell International Inc. Add +0.3% 3.29% +0.14
BAC Bank of America Corp. Add +1.5% 2.24% +0.14
BKR Baker Hughes Co. Add +0.8% 1.51% +0.09
GOOG Alphabet Inc. Class C Add +1.9% 0.45% +0.08
FXI iShares China Large-Cap ETF New 0.08% +0.08
OGN Organon & Co. Add +0.4% 0.86% +0.08
JPM JPMorgan Chase & Co. Add +0.2% 5.11% +0.07
DOCU Docusign Inc. New 0.05% +0.05
FEZ State Street SPDR Euro Stoxx New 0.04% +0.04
COST Costco Wholesale Corp. Add +34.0% 0.10% +0.04
ET Energy Transfer LP Add +0.4% 0.84% +0.03
DHR Danaher Corp. Add +0.8% 2.76% +0.03
BIV Vanguard Intermediate-Term B Add +9.0% 0.28% +0.02
ETN Eaton Corp. PLC Add +0.3% 2.72% +0.02
VOO Vanguard S&P 500 ETF Add +9.1% 0.16% +0.02
CVX Chevron Corp. Add +5.5% 0.39% +0.02
BRK.B Berkshire Hathaway Inc. Class B Add +6.7% 0.49% +0.02
SCHE Schwab Emrg Mrkts Eqty ETF Add +9.7% 0.11% +0.01
MRVL Marvell Technology Inc. Add +2.0% 1.77% +0.01
MOS The Mosaic Co. Add +20.2% 0.20% +0.01
AGG iShares Core U.S. Aggregate Add +6.8% 0.21% +0.01
EMGF iShares Emerging Markets Equ Add +8.8% 0.09% +0.01
ALLO Allogene Therapeutics Inc. Add +131.6% 0.06% +0.01
XOM Exxon Mobil Corp. Add +2.1% 0.45% +0.01
C Citigroup Inc. Add +0.0% 0.91% +0.01
AWK American Water Works Co. Inc. Add +0.3% 0.06% +0.00
IBB iShares Biotechnology ETF Add +1.9% 0.10% +0.00
ZTS Zoetis Inc. Add +0.6% 0.06% +0.00
XBI SS SPDR S&P Biotech ETF Add +5.9% 0.04% +0.00
DVYA iShares Asia/Pacific Dividen Add +2.5% 0.09% −0.00
EW Edwards Lifesciences Corp. Add +0.1% 0.05% −0.00
GE General Electric Add +2.8% 0.04% −0.00
EPD Enterprise Products Partners Add +0.1% 1.12% −0.00
HD Home Depot Inc. Add +0.7% 0.05% −0.01
PROSHARES TR Add +16.6% 0.07% −0.01
TGT Target Corp. Add +0.3% 0.04% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 101$659.4MGOOGL, LLY, JPM, MRVL, HUBB
Q1 2026 104$563.4MGOOGL, JPM, LLY, MRK, HUBB
Q4 2025 120$603.0MGOOGL, JPM, LLY, MSFT, TEVA
Q3 2025 106$539.8MGOOGL, JPM, MSFT, LLY, ETN
Q2 2025 106$496.5MJPM, GOOGL, MSFT, ETN, AMZN
Q1 2025 104$455.6MJPM, GOOGL, MSFT, MRK, AMZN
Q4 2024 117$526.4MJPM, MSFT, GOOGL, HON, AMZN
Q3 2024 105$519.8MJPM, MSFT, GOOGL, AMGN, MRK
Q2 2024 109$510.3MJPM, MSFT, GOOGL, MRK, AMGN
Q1 2024 112$511.1MJPM, MSFT, MRK, GOOGL, HON