Bourgeon Capital Management LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 16, 2024), Bourgeon Capital Management LLC reported 105 stock positions worth $519.8 million. Its top holding was JPMorgan Chase (JPM) at 5.2% of the portfolio, followed by Microsoft (MSFT, 4.4%) and Alphabet Class A (GOOGL, 3.6%). Compared with Q2 2024, it opened 10 new positions, sold out of 14, added to 37 and reduced 46. The biggest buy was a new position in Constellation Energy (CEG) and the biggest sale an exit from CVS Health (CVS).
- Most Recent 13F
- Q2 2026
- Location
- Darien, CT
- CIK
- 0001088731
- Portfolio Value
- $519.8M (Q3 2024)
- SEC Filing
- 0001019056-24-000299 ↗ filed Oct 16, 2024
Holdings Value
Holdings 105 stocks · $519.8M
| JPM JPMorgan Chase & Co. | 5.18% | 127,649 | $26.9M | Reduce -1.0% |
| MSFT Microsoft Corp. | 4.37% | 52,789 | $22.7M | Add +0.5% |
| GOOGL Alphabet Inc. Class A | 3.58% | 112,300 | $18.6M | Add +0.0% |
| AMGN Amgen Inc. | 3.35% | 54,046 | $17.4M | Reduce -0.4% |
| MRK Merck & Co. Inc. | 3.21% | 146,806 | $16.7M | Add +2.3% |
| HON Honeywell International Inc. | 3.10% | 78,038 | $16.1M | Reduce -0.7% |
| DHR Danaher Corp. | 3.00% | 56,028 | $15.6M | Reduce -0.8% |
| ETN Eaton Corp. PLC | 2.82% | 44,165 | $14.6M | Reduce -0.1% |
| ACN Accenture PLC Class A | 2.81% | 41,381 | $14.6M | Reduce -0.9% |
| MDLZ Mondelez International Inc. Class A | 2.48% | 175,329 | $12.9M | Add +0.1% |
| AMZN Amazon.com Inc. | 2.47% | 68,974 | $12.9M | Reduce -0.6% |
| AAPL Apple Inc. | 2.44% | 54,441 | $12.7M | Reduce -0.4% |
| MDT Medtronic PLC | 2.41% | 139,432 | $12.6M | Reduce -1.7% |
| PNC PNC Financial Services Group | 2.39% | 67,165 | $12.4M | Reduce -26.6% |
| TEVA Teva Pharmaceutical-SP ADR | 2.30% | 663,321 | $12.0M | Reduce -0.8% |
| UNH Unitedhealth Group Inc. | 2.22% | 19,711 | $11.5M | Add +265.4% |
| PWR Quanta Services Inc. | 2.20% | 38,442 | $11.5M | Add +0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.17% | 284,779 | $11.3M | Reduce -1.1% |
| CSX CSX Corp. | 2.14% | 322,727 | $11.1M | Reduce -0.9% |
| CEG Constellation Energy | 2.13% | 42,528 | $11.1M | New |
| MU Micron Technology Inc. | 2.05% | 102,528 | $10.6M | Add +734.4% |
| RTX RTX Corp. | 2.03% | 87,074 | $10.5M | Add +0.1% |
| QCOM Qualcomm Inc. | 2.03% | 61,930 | $10.5M | Add +0.2% |
| FCX Freeport-McMoran Inc. | 1.87% | 195,005 | $9.7M | Add +0.3% |
| HUBB Hubbell Inc. | 1.85% | 22,468 | $9.6M | Add +0.3% |
| COP Conocophillips | 1.81% | 89,185 | $9.4M | Reduce -0.2% |
| MRVL Marvell Technology Inc. | 1.79% | 129,286 | $9.3M | Reduce -0.2% |
| TER Teradyne Inc. | 1.78% | 69,147 | $9.3M | Add +2.2% |
| NEE Nextera Energy Inc. | 1.61% | 98,871 | $8.4M | Reduce -47.7% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.53% | 189,345 | $7.9M | Add +25.9% |
| PLD Prologis Inc. | 1.35% | 55,536 | $7.0M | Add +0.2% |
| OGN Organon & Co. | 1.30% | 353,832 | $6.8M | Add +66.7% |
| GILD Gilead Sciences Inc. | 1.26% | 78,336 | $6.6M | Add +0.3% |
| ARE Alexandria Real Estate Equit | 1.20% | 52,732 | $6.3M | Add +178.0% |
| XAR SS SPDR S&P Aerospace Def | 1.17% | 38,552 | $6.1M | No change |
| EPD Enterprise Products Partners | 1.10% | 195,616 | $5.7M | Reduce -0.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.08% | 58,213 | $5.6M | Reduce -26.9% |
| BLK BlackRock Finance Inc. | 1.06% | 5,805 | $5.5M | Add +0.6% |
| TTE Totalenergies SE -Spon ADR | 0.97% | 78,042 | $5.0M | Reduce -0.8% |
| APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC | 0.92% | 66,252 | $4.8M | Reduce -42.3% |
| BKR Baker Hughes Co. | 0.90% | 129,496 | $4.7M | Reduce -41.0% |
| NVDA Nvidia Corp. | 0.86% | 36,651 | $4.5M | Reduce -0.4% |
| C Citigroup Inc. | 0.84% | 70,002 | $4.4M | Reduce -4.1% |
| GTLS Chart Industries Inc. | 0.81% | 33,914 | $4.2M | Add +140.1% |
| CTRA Coterra Energy Inc. | 0.53% | 114,465 | $2.7M | Reduce -9.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.52% | 5,834 | $2.7M | Reduce -5.8% |
| ADI Analog Devices Inc. | 0.45% | 10,210 | $2.4M | Reduce -24.4% |
| XOM Exxon Mobil Corp. | 0.45% | 19,807 | $2.3M | Reduce -0.1% |
| SONY Sony Group Corp. - SP ADR | 0.44% | 23,484 | $2.3M | Reduce -5.0% |
| AMD Advanced Micro Devices | 0.40% | 12,737 | $2.1M | Reduce -18.0% |
| GOOG Alphabet Inc. Class C | 0.40% | 12,290 | $2.1M | Reduce -1.6% |
| KMI Kinder Morgan Inc. | 0.35% | 82,281 | $1.8M | Reduce -54.1% |
| CVX Chevron Corp. | 0.34% | 11,942 | $1.8M | Reduce -4.9% |
| ET Energy Transfer LP | 0.33% | 107,495 | $1.7M | Reduce -59.2% |
| PFE Pfizer Inc. | 0.33% | 58,937 | $1.7M | Add +14.6% |
| BIV Vanguard Intermediate-Term B | 0.31% | 20,486 | $1.6M | Add +7.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.30% | 2,745 | $1.6M | Add +0.7% |
| VOO Vanguard S&P 500 ETF | 0.27% | 2,692 | $1.4M | Add +66.3% |
| ASLE Aersale Corp. | 0.26% | 265,291 | $1.3M | Reduce -9.2% |
| AGG iShares Core U.S. Aggregate | 0.26% | 13,167 | $1.3M | Add +17.3% |
| CC The Chemours Co. | 0.20% | 50,225 | $1.0M | Reduce -30.0% |
| JNJ Johnson & Johnson | 0.19% | 6,195 | $1.0M | Reduce -65.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.19% | 3,498 | $990K | Reduce -10.1% |
| IESC Ies Holdings Inc. filed as IES HLDGS INC | 0.19% | 4,918 | $982K | No change |
| LMB Limbach Holdings Inc. | 0.18% | 12,223 | $926K | Reduce -9.3% |
| IGRO iShares Intl Div Growth ETF | 0.15% | 10,771 | $803K | Add +5.0% |
| RIG Transocean Ltd. | 0.14% | 171,500 | $729K | Add +49.1% |
| MTD Mettler-Toledo International | 0.13% | 459 | $688K | No change |
| HAL Halliburton Co. | 0.13% | 23,278 | $676K | Reduce -20.4% |
| IWD iShares Russell 1000 Value E | 0.13% | 3,528 | $670K | No change |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.12% | 21,666 | $632K | Add +5.2% |
| IBB iShares Biotechnology ETF | 0.11% | 3,913 | $570K | Add +4.5% |
| FXI iShares China Large-Cap ETF | 0.10% | 17,046 | $542K | Add +4.0% |
| OIH Vaneck Oil Services ETF | 0.10% | 1,874 | $532K | New |
| DVYA iShares Asia/Pacific Dividen | 0.10% | 13,348 | $517K | Add +4.4% |
| IWF iShares Russell 1000 Growth | 0.10% | 1,350 | $507K | No change |
| EMGF iShares Emerging Markets Equ | 0.09% | 9,907 | $493K | Add +4.2% |
| CLOV Clover Health Investments Co. | 0.09% | 173,710 | $490K | New |
| SBUX Starbucks Corp. | 0.09% | 4,934 | $481K | Add +22.3% |
| GRID First TRST Nasd Class Edg Sgiif | 0.08% | 3,388 | $431K | Add +6.7% |
| MOS The Mosaic Co. | 0.08% | 15,518 | $416K | Reduce -55.2% |
| COST Costco Wholesale Corp. | 0.08% | 466 | $413K | Reduce -24.2% |
| IEFA iShares Core MSCI Eafe ETF | 0.08% | 5,251 | $410K | Reduce -2.1% |
| ALLO Allogene Therapeutics Inc. | 0.08% | 142,580 | $399K | Add +7.6% |
| XLF SS Financial Select Sector | 0.08% | 8,795 | $399K | Add +15.4% |
| EOG EOG Resources Inc. | 0.08% | 3,209 | $394K | Reduce -15.6% |
| HD Home Depot Inc. | 0.07% | 931 | $377K | Add +19.5% |
| IWP iShares Russell Mid-Cap Grow | 0.07% | 3,151 | $370K | No change |
| ZTS Zoetis Inc. | 0.07% | 1,876 | $367K | No change |
| USMV iShares MSCI USA Min Vol Fac | 0.07% | 3,900 | $356K | No change |
| TECK Teck Resources Ltd.-CLS B | 0.07% | 6,500 | $340K | New |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.06% | 6,252 | $336K | New |
| IWY iShares Russell Top 200 Grow | 0.06% | 1,525 | $336K | New |
| AWK American Water Works Co. Inc. | 0.06% | 2,222 | $325K | No change |
| XBI SS SPDR S&P Biotech ETF | 0.05% | 2,671 | $264K | Add +10.1% |
| WMT Walmart Inc. | 0.05% | 3,258 | $263K | New |
| AX Axos Financial Inc. | 0.05% | 4,000 | $252K | No change |
| GE General Electric filed as GE AEROSPACE | 0.05% | 1,301 | $245K | Reduce -0.2% |
| ETNB 89BIO Inc. | 0.05% | 33,060 | $245K | Reduce -1.8% |
| IAU iShares Gold Trust | 0.05% | 4,846 | $241K | No change |
| KTOS Kratos Defense & Security | 0.04% | 10,000 | $233K | No change |
| PROSHARES TR | 0.04% | 29,500 | $218K | Reduce -30.2% |
| DLR Digital Realty Trust Inc. | 0.04% | 1,309 | $212K | New |
| KO The Coca-Cola Co. | 0.04% | 2,890 | $208K | New |
| WPC WP Carey Inc. | 0.04% | 3,301 | $206K | New |
Portfolio Sells Q2 2024 → Q3 2024
| CVS CVS Health Corp. | Sold out | 0.00% | −1.49 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −1.02 |
| NEE Nextera Energy Inc. | Reduce -47.7% | 1.61% | −1.01 |
| APTV Aptiv Irish Holdings Ltd. | Reduce -42.3% | 0.92% | −0.67 |
| BKR Baker Hughes Co. | Reduce -41.0% | 0.90% | −0.61 |
| ET Energy Transfer LP | Reduce -59.2% | 0.33% | −0.51 |
| DIS The Walt Disney Co. | Reduce -26.9% | 1.08% | −0.47 |
| J Jacobs Solutions Inc. | Sold out | 0.00% | −0.46 |
| PNC PNC Financial Services Group | Reduce -26.6% | 2.39% | −0.40 |
| KMI Kinder Morgan Inc. | Reduce -54.1% | 0.35% | −0.35 |
| JNJ Johnson & Johnson | Reduce -65.9% | 0.19% | −0.33 |
| WBD Warner Bros Discovery Inc. | Sold out | 0.00% | −0.26 |
| TDUP Thredup Inc. Class A | Sold out | 0.00% | −0.23 |
| COP Conocophillips | Reduce -0.2% | 1.81% | −0.20 |
| HON Honeywell International Inc. | Reduce -0.7% | 3.10% | −0.19 |
| AMZN Amazon.com Inc. | Reduce -0.6% | 2.47% | −0.15 |
| ADI Analog Devices Inc. | Reduce -24.4% | 0.45% | −0.15 |
| ASLE Aersale Corp. | Reduce -9.2% | 0.26% | −0.14 |
| CTRA Coterra Energy Inc. | Reduce -9.6% | 0.53% | −0.13 |
| CC The Chemours Co. | Reduce -30.0% | 0.20% | −0.12 |
| MOS The Mosaic Co. | Reduce -55.2% | 0.08% | −0.12 |
| AMD Advanced Micro Devices | Reduce -18.0% | 0.40% | −0.09 |
| PPG PPG Industries Inc. | Sold out | 0.00% | −0.09 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.07 |
| BAC Bank of America Corp. | Reduce -1.1% | 2.17% | −0.07 |
| C Citigroup Inc. | Reduce -4.1% | 0.84% | −0.06 |
| HAL Halliburton Co. | Reduce -20.4% | 0.13% | −0.06 |
| TTE Totalenergies SE -Spon ADR | Reduce -0.8% | 0.97% | −0.06 |
| ULTA Ulta Beauty Inc. | Sold out | 0.00% | −0.06 |
| EW Edwards Lifesciences Corp. | Sold out | 0.00% | −0.05 |
| GOOG Alphabet Inc. Class C | Reduce -1.6% | 0.40% | −0.05 |
| DOCU Docusign Inc. | Sold out | 0.00% | −0.05 |
| CVX Chevron Corp. | Reduce -4.9% | 0.34% | −0.05 |
| IEMG iShares Core MSCI Emerging | Sold out | 0.00% | −0.05 |
| FEZ State Street SPDR Euro Stoxx | Sold out | 0.00% | −0.04 |
| TGT Target Corp. | Sold out | 0.00% | −0.04 |
| AKRO Akero Therapeutics Inc. | Sold out | 0.00% | −0.04 |
| NVDA Nvidia Corp. | Reduce -0.4% | 0.86% | −0.03 |
| PROSHARES TR | Reduce -30.2% | 0.04% | −0.03 |
| EPD Enterprise Products Partners | Reduce -0.9% | 1.10% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -24.2% | 0.08% | −0.02 |
| EOG EOG Resources Inc. | Reduce -15.6% | 0.08% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -10.1% | 0.19% | −0.01 |
| ETNB 89BIO Inc. | Reduce -1.8% | 0.05% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -0.1% | 0.45% | −0.00 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -2.1% | 0.08% | +0.00 |
| GE General Electric | Reduce -0.2% | 0.05% | +0.01 |
| CSX CSX Corp. | Reduce -0.9% | 2.14% | +0.01 |
| MRVL Marvell Technology Inc. | Reduce -0.2% | 1.79% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -5.8% | 0.52% | +0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| CEG Constellation Energy | New | 2.13% | +2.13 |
| MU Micron Technology Inc. | Add +734.4% | 2.05% | +1.73 |
| UNH Unitedhealth Group Inc. | Add +265.4% | 2.22% | +1.68 |
| ARE Alexandria Real Estate Equit | Add +178.0% | 1.20% | +0.77 |
| OGN Organon & Co. | Add +66.7% | 1.30% | +0.44 |
| GTLS Chart Industries Inc. | Add +140.1% | 0.81% | +0.41 |
| RTX RTX Corp. | Add +0.1% | 2.03% | +0.32 |
| PWR Quanta Services Inc. | Add +0.1% | 2.20% | +0.29 |
| HUBB Hubbell Inc. | Add +0.3% | 1.85% | +0.25 |
| MDLZ Mondelez International Inc. Class A | Add +0.1% | 2.48% | +0.24 |
| GILD Gilead Sciences Inc. | Add +0.3% | 1.26% | +0.21 |
| BLK BlackRock Finance Inc. | Add +0.6% | 1.06% | +0.17 |
| SLB SLB Ltd. | Add +25.9% | 1.53% | +0.14 |
| PLD Prologis Inc. | Add +0.2% | 1.35% | +0.13 |
| VOO Vanguard S&P 500 ETF | Add +66.3% | 0.27% | +0.11 |
| OIH Vaneck Oil Services ETF | New | 0.10% | +0.10 |
| CLOV Clover Health Investments Co. | New | 0.09% | +0.09 |
| TECK Teck Resources Ltd.-CLS B | New | 0.07% | +0.07 |
| IGIB iShares 5-10Y Inv Grade Corp. | New | 0.06% | +0.06 |
| IWY iShares Russell Top 200 Grow | New | 0.06% | +0.06 |
| WMT Walmart Inc. | New | 0.05% | +0.05 |
| PFE Pfizer Inc. | Add +14.6% | 0.33% | +0.05 |
| AGG iShares Core U.S. Aggregate | Add +17.3% | 0.26% | +0.04 |
| DLR Digital Realty Trust Inc. | New | 0.04% | +0.04 |
| KO The Coca-Cola Co. | New | 0.04% | +0.04 |
| WPC WP Carey Inc. | New | 0.04% | +0.04 |
| SBUX Starbucks Corp. | Add +22.3% | 0.09% | +0.03 |
| BIV Vanguard Intermediate-Term B | Add +7.3% | 0.31% | +0.03 |
| FXI iShares China Large-Cap ETF | Add +4.0% | 0.10% | +0.02 |
| FCX Freeport-McMoran Inc. | Add +0.3% | 1.87% | +0.02 |
| HD Home Depot Inc. | Add +19.5% | 0.07% | +0.02 |
| RIG Transocean Ltd. | Add +49.1% | 0.14% | +0.02 |
| IGRO iShares Intl Div Growth ETF | Add +5.0% | 0.15% | +0.02 |
| ALLO Allogene Therapeutics Inc. | Add +7.6% | 0.08% | +0.02 |
| XLF SS Financial Select Sector | Add +15.4% | 0.08% | +0.02 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +5.2% | 0.12% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.7% | 0.30% | +0.01 |
| DVYA iShares Asia/Pacific Dividen | Add +4.4% | 0.10% | +0.01 |
| GRID First TRST Nasd Class Edg Sgiif | Add +6.7% | 0.08% | +0.01 |
| IBB iShares Biotechnology ETF | Add +4.5% | 0.11% | +0.01 |
| EMGF iShares Emerging Markets Equ | Add +4.2% | 0.09% | +0.01 |
| XBI SS SPDR S&P Biotech ETF | Add +10.1% | 0.05% | +0.01 |
| TER Teradyne Inc. | Add +2.2% | 1.78% | −0.18 |
| MSFT Microsoft Corp. | Add +0.5% | 4.37% | −0.23 |
| MRK Merck & Co. Inc. | Add +2.3% | 3.21% | −0.27 |
| QCOM Qualcomm Inc. | Add +0.2% | 2.03% | −0.39 |
| GOOGL Alphabet Inc. Class A | Add +0.0% | 3.58% | −0.42 |
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 |