Bourgeon Capital Management LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 13, 2026), Bourgeon Capital Management LLC reported 104 stock positions worth $563.4 million. Its top holding was Alphabet Class A (GOOGL) at 5.6% of the portfolio, followed by JPMorgan Chase (JPM, 5.0%) and Eli Lilly (LLY, 3.8%). Compared with Q4 2025, it opened 17 new positions, sold out of 33, added to 43 and reduced 29. The biggest buy was NXP Semiconductors (NXPI, shares +617%) and the biggest sale Micron Technology (MU, shares −87%).
- Most Recent 13F
- Q2 2026
- Location
- Darien, CT
- CIK
- 0001088731
- Portfolio Value
- $563.4M (Q1 2026)
- SEC Filing
- 0001019056-26-000074 ↗ filed Apr 13, 2026
Holdings Value
Holdings 104 stocks · $563.4M
| GOOGL Alphabet Inc. Class A | 5.60% | 109,639 | $31.5M | Reduce -2.7% |
| JPM JPMorgan Chase & Co. | 4.95% | 94,837 | $27.9M | Add +8.0% |
| LLY Eli Lilly & Co. | 3.80% | 23,299 | $21.4M | Reduce -0.9% |
| MRK Merck & Co. Inc. | 3.48% | 162,967 | $19.6M | Reduce -0.8% |
| HUBB Hubbell Inc. | 3.46% | 39,771 | $19.5M | Add +1.7% |
| MSFT Microsoft Corp. | 3.33% | 50,698 | $18.8M | Add +11.9% |
| MRVL Marvell Technology Inc. | 3.10% | 176,204 | $17.5M | Reduce -1.4% |
| ETN Eaton Corp. PLC | 3.00% | 47,224 | $16.9M | Add +0.4% |
| RTX RTX Corp. | 2.96% | 86,404 | $16.7M | Add +0.7% |
| AMZN Amazon.com Inc. | 2.68% | 72,426 | $15.1M | Add +6.4% |
| C Citigroup Inc. | 2.67% | 132,722 | $15.1M | Add +8.2% |
| MDLZ Mondelez International Inc. Class A | 2.64% | 258,477 | $14.9M | Add +35.1% |
| UNP Union Pacific Corp. | 2.61% | 60,516 | $14.7M | Add +131.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.56% | 295,682 | $14.4M | Add +3.6% |
| AAPL Apple Inc. | 2.41% | 53,524 | $13.6M | Add +0.4% |
| VST Vistra Corp. | 2.40% | 90,077 | $13.5M | Add +6.3% |
| XYZ Block Inc. | 2.34% | 219,441 | $13.2M | Add +90.2% |
| NXPI NXP Semiconductors NV | 2.19% | 62,730 | $12.3M | Add +616.9% |
| DHR Danaher Corp. | 2.16% | 64,271 | $12.2M | Add +7.9% |
| OKTA Okta Inc. | 2.09% | 149,328 | $11.8M | Add +3.1% |
| PANW Palo Alto Networks Inc. | 2.05% | 71,925 | $11.5M | Add +77.2% |
| EOG EOG Resources Inc. | 2.03% | 79,251 | $11.5M | Add +190.4% |
| FCX Freeport-McMoran Inc. | 1.95% | 187,043 | $11.0M | Reduce -45.6% |
| MDB Mongodb Inc. | 1.88% | 43,229 | $10.6M | Add +11.4% |
| PFE Pfizer Inc. | 1.77% | 355,167 | $10.0M | Add +2576.3% |
| ILMN Illumina Inc. | 1.74% | 79,632 | $9.8M | Reduce -43.9% |
| CNS Cohen & Steers Inc. | 1.73% | 156,235 | $9.8M | Add +45.9% |
| COP Conocophillips | 1.71% | 72,895 | $9.6M | Reduce -18.9% |
| PWR Quanta Services Inc. | 1.64% | 16,780 | $9.2M | Reduce -0.1% |
| PPG PPG Industries Inc. | 1.63% | 86,082 | $9.2M | New |
| XAR SS SPDR S&P Aerospace Def | 1.54% | 34,109 | $8.7M | Add +0.3% |
| QCOM Qualcomm Inc. | 1.53% | 66,988 | $8.6M | Add +3.4% |
| TEVA Teva Pharmaceutical-SP ADR | 1.53% | 286,257 | $8.6M | Reduce -53.2% |
| ENPH Enphase Energy Inc. | 1.51% | 225,559 | $8.5M | Add +1039.2% |
| CW Curtiss-Wright Corp. | 1.40% | 11,573 | $7.9M | Reduce -51.9% |
| PLD Prologis Inc. | 1.06% | 45,183 | $6.0M | Reduce -48.0% |
| NVDA Nvidia Corp. | 0.85% | 27,368 | $4.8M | Reduce -13.1% |
| TPL Texas Pacific Land Corp. | 0.84% | 9,952 | $4.7M | New |
| BLK BlackRock Inc. | 0.78% | 4,582 | $4.4M | Add +6.9% |
| XOM Exxon Mobil Corp. | 0.74% | 24,456 | $4.1M | Add +23.4% |
| ADI Analog Devices Inc. | 0.64% | 11,363 | $3.6M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.61% | 7,141 | $3.4M | Add +30.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.60% | 5,167 | $3.4M | No change |
| GOOG Alphabet Inc. Class C | 0.59% | 11,504 | $3.3M | Add +0.4% |
| CVX Chevron Corp. | 0.57% | 15,499 | $3.2M | Add +7.7% |
| BIV Vanguard Intermediate-Term B | 0.49% | 35,669 | $2.8M | Add +3.6% |
| COR Cencora Inc. | 0.45% | 8,124 | $2.6M | No change |
| JNJ Johnson & Johnson | 0.44% | 10,154 | $2.5M | Add +0.2% |
| MU Micron Technology Inc. | 0.41% | 6,809 | $2.3M | Reduce -87.0% |
| VOO Vanguard S&P 500 ETF | 0.30% | 2,820 | $1.7M | Add +0.1% |
| GBIL Goldman Sachs Access Treasur | 0.30% | 16,686 | $1.7M | Add +42.6% |
| AGG iShares Core U.S. Aggregate | 0.22% | 12,389 | $1.2M | Reduce -29.2% |
| AMGN Amgen Inc. | 0.21% | 3,401 | $1.2M | Add +0.2% |
| AVAV Aerovironment Inc. | 0.17% | 5,300 | $970K | New |
| GEV GE Vernova Inc. | 0.16% | 1,056 | $922K | Reduce -32.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.14% | 2,502 | $803K | Reduce -17.4% |
| ABBV Abbvie Inc. | 0.14% | 3,519 | $765K | Add +0.3% |
| IESC Ies Holdings Inc. | 0.13% | 1,564 | $745K | Reduce -25.7% |
| IGRO iShares Intl Div Growth ETF | 0.13% | 8,878 | $744K | Reduce -32.9% |
| WMT Walmart Inc. | 0.13% | 5,842 | $726K | Add +0.1% |
| DVYA iShares Asia/Pacific Dividen | 0.13% | 14,916 | $720K | Reduce -13.2% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.12% | 12,300 | $655K | No change |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.11% | 19,563 | $645K | Reduce -22.8% |
| MP MP Materials Corp. | 0.11% | 13,300 | $642K | New |
| ROK Rockwell Automation Inc. | 0.11% | 1,752 | $629K | New |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.11% | 6,472 | $593K | Add +23.8% |
| MTD Mettler-Toledo International | 0.10% | 460 | $580K | No change |
| EMGF iShares Emerging Markets Equ | 0.09% | 8,607 | $520K | Reduce -28.8% |
| COST Costco Wholesale Corp. | 0.08% | 470 | $468K | Reduce -3.5% |
| LMB Limbach Holdings Inc. | 0.08% | 6,000 | $468K | No change |
| MCHP Microchip Technology Inc. | 0.08% | 7,019 | $453K | Reduce -33.0% |
| SBUX Starbucks Corp. | 0.08% | 4,930 | $442K | Add +0.1% |
| SYK Stryker Corp. | 0.08% | 1,337 | $439K | New |
| IWP iShares Russell Mid-Cap Grow | 0.07% | 3,151 | $404K | No change |
| LB Landbridge Co. LLC-A | 0.07% | 5,691 | $393K | New |
| WBI Waterbridge Infrastruc Class A | 0.07% | 14,600 | $391K | New |
| MKL Markel Group Inc. | 0.07% | 200 | $383K | New |
| IWY iShares Russell Top 200 Grow | 0.07% | 1,530 | $381K | No change |
| USMV iShares MSCI USA Min Vol Fac | 0.06% | 3,900 | $362K | No change |
| GE General Electric filed as GE AEROSPACE | 0.06% | 1,267 | $360K | Reduce -1.6% |
| ABT Abbott Laboratories | 0.06% | 3,445 | $354K | Reduce -0.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.06% | 610 | $352K | Reduce -0.2% |
| VWO Vanguard Ftse Emerging Marke | 0.06% | 6,198 | $335K | New |
| VEA Vanguard Ftse Developed ETF | 0.06% | 5,002 | $321K | New |
| AWK American Water Works Co. Inc. | 0.05% | 2,222 | $302K | Add +0.1% |
| AX Axos Financial Inc. | 0.05% | 3,200 | $272K | No change |
| CRSP Crispr Therapeutics AG | 0.05% | 5,600 | $266K | New |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.05% | 194 | $256K | Reduce -72.3% |
| COHR Coherent Corp. | 0.04% | 1,055 | $251K | New |
| EW Edwards Lifesciences Corp. | 0.04% | 3,016 | $242K | Add +0.3% |
| SLV iShares Silver Trust | 0.04% | 3,500 | $238K | Reduce -5.2% |
| DLR Digital Realty Trust Inc. | 0.04% | 1,307 | $236K | No change |
| APH Amphenol Corp. Class A | 0.04% | 1,853 | $234K | Reduce -46.5% |
| CSSD C&S SD Pref & Inc. Active ETF | 0.04% | 9,359 | $234K | New |
| DXJ Wisdomtree Japan Hedged Eq | 0.04% | 1,467 | $233K | No change |
| WPC WP Carey Inc. | 0.04% | 3,300 | $224K | No change |
| T AT&T Inc. | 0.04% | 7,735 | $224K | New |
| HD Home Depot Inc. | 0.04% | 674 | $222K | Add +1.4% |
| ZTS Zoetis Inc. | 0.04% | 1,871 | $221K | Add +0.1% |
| MSB Mesabi Trust | 0.04% | 6,999 | $220K | New |
Options reported separately and not counted above: SPY puts ($2.0M), QQQ puts ($1.7M).
Other holdings (2): bonds, preferreds, convertibles and warrants · $10.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 153,874 | $10.0M | Add +2.6% |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 15,000 | $855K | No change |
Total filed on the 13F, all lines: $574.2M.
Portfolio Sells Q4 2025 → Q1 2026
| MU Micron Technology Inc. | Reduce -87.0% | 0.41% | −2.07 |
| CSX CSX Corp. | Sold out | 0.00% | −1.96 |
| PNC PNC Financial Services Group | Sold out | 0.00% | −1.87 |
| TEVA Teva Pharmaceutical-SP ADR | Reduce -53.2% | 1.53% | −1.63 |
| ILMN Illumina Inc. | Reduce -43.9% | 1.74% | −1.34 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −1.29 |
| SLB SLB Ltd. | Sold out | 0.00% | −1.23 |
| TER Teradyne Inc. | Sold out | 0.00% | −1.17 |
| FCX Freeport-McMoran Inc. | Reduce -45.6% | 1.95% | −0.95 |
| CW Curtiss-Wright Corp. | Reduce -51.9% | 1.40% | −0.80 |
| PLD Prologis Inc. | Reduce -48.0% | 1.06% | −0.78 |
| TTE Totalenergies SE | Sold out | 0.00% | −0.77 |
| LLY Eli Lilly & Co. | Reduce -0.9% | 3.80% | −0.39 |
| GOOGL Alphabet Inc. Class A | Reduce -2.7% | 5.60% | −0.25 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.16 |
| AA Alcoa Corp. | Sold out | 0.00% | −0.15 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.13 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.13 |
| NVDA Nvidia Corp. | Reduce -13.1% | 0.85% | −0.13 |
| IWD iShares Russell 1000 Value E | Sold out | 0.00% | −0.12 |
| IWF iShares Russell 1000 Growth | Sold out | 0.00% | −0.11 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.10 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.10 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −0.09 |
| DOCU Docusign Inc. | Sold out | 0.00% | −0.09 |
| IAU iShares Gold Trust | Sold out | 0.00% | −0.09 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.08 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −0.08 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -72.3% | 0.05% | −0.08 |
| IEFA iShares Core MSCI Eafe ETF | Sold out | 0.00% | −0.08 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.07 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.07 |
| AGG iShares Core U.S. Aggregate | Reduce -29.2% | 0.22% | −0.07 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −0.07 |
| AXON Axon Enterprise Inc. | Sold out | 0.00% | −0.06 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.06 |
| MSCI MSCI Inc. | Sold out | 0.00% | −0.06 |
| BSX Boston Scientific Corp. | Sold out | 0.00% | −0.06 |
| TDG Transdigm Group Inc. | Sold out | 0.00% | −0.06 |
| IGRO iShares Intl Div Growth ETF | Reduce -32.9% | 0.13% | −0.05 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Sold out | 0.00% | −0.04 |
| APH Amphenol Corp. Class A | Reduce -46.5% | 0.04% | −0.04 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.04 |
| LNC Lincoln National Corp. | Sold out | 0.00% | −0.04 |
| MCHP Microchip Technology Inc. | Reduce -33.0% | 0.08% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -17.4% | 0.14% | −0.03 |
| EMGF iShares Emerging Markets Equ | Reduce -28.8% | 0.09% | −0.02 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -22.8% | 0.11% | −0.02 |
| ABT Abbott Laboratories | Reduce -0.1% | 0.06% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| NXPI NXP Semiconductors NV | Add +616.9% | 2.19% | +1.88 |
| PFE Pfizer Inc. | Add +2576.3% | 1.77% | +1.72 |
| PPG PPG Industries Inc. | New | 1.63% | +1.63 |
| UNP Union Pacific Corp. | Add +131.5% | 2.61% | +1.60 |
| EOG EOG Resources Inc. | Add +190.4% | 2.03% | +1.56 |
| ENPH Enphase Energy Inc. | Add +1039.2% | 1.51% | +1.41 |
| XYZ Block Inc. | Add +90.2% | 2.34% | +1.10 |
| MDLZ Mondelez International Inc. Class A | Add +35.1% | 2.64% | +0.94 |
| TPL Texas Pacific Land Corp. | New | 0.84% | +0.84 |
| PANW Palo Alto Networks Inc. | Add +77.2% | 2.05% | +0.81 |
| CNS Cohen & Steers Inc. | Add +45.9% | 1.73% | +0.62 |
| HUBB Hubbell Inc. | Add +1.7% | 3.46% | +0.59 |
| ETN Eaton Corp. PLC | Add +0.4% | 3.00% | +0.51 |
| RTX RTX Corp. | Add +0.7% | 2.96% | +0.35 |
| XOM Exxon Mobil Corp. | Add +23.4% | 0.74% | +0.34 |
| C Citigroup Inc. | Add +8.2% | 2.67% | +0.30 |
| JPM JPMorgan Chase & Co. | Add +8.0% | 4.95% | +0.26 |
| CVX Chevron Corp. | Add +7.7% | 0.57% | +0.21 |
| XAR SS SPDR S&P Aerospace Def | Add +0.3% | 1.54% | +0.18 |
| AVAV Aerovironment Inc. | New | 0.17% | +0.17 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +30.6% | 0.61% | +0.15 |
| VST Vistra Corp. | Add +6.3% | 2.40% | +0.14 |
| ADI Analog Devices Inc. | Add +0.1% | 0.64% | +0.13 |
| MP MP Materials Corp. | New | 0.11% | +0.11 |
| ROK Rockwell Automation Inc. | New | 0.11% | +0.11 |
| GBIL Goldman Sachs Access Treasur | Add +42.6% | 0.30% | +0.10 |
| JNJ Johnson & Johnson | Add +0.2% | 0.44% | +0.09 |
| SYK Stryker Corp. | New | 0.08% | +0.08 |
| AMZN Amazon.com Inc. | Add +6.4% | 2.68% | +0.07 |
| LB Landbridge Co. LLC-A | New | 0.07% | +0.07 |
| WBI Waterbridge Infrastruc Class A | New | 0.07% | +0.07 |
| MKL Markel Group Inc. | New | 0.07% | +0.07 |
| VWO Vanguard Ftse Emerging Marke | New | 0.06% | +0.06 |
| VEA Vanguard Ftse Developed ETF | New | 0.06% | +0.06 |
| CRSP Crispr Therapeutics AG | New | 0.05% | +0.05 |
| COHR Coherent Corp. | New | 0.04% | +0.04 |
| BIV Vanguard Intermediate-Term B | Add +3.6% | 0.49% | +0.04 |
| CSSD C&S SD Pref & Inc. Active ETF | New | 0.04% | +0.04 |
| T AT&T Inc. | New | 0.04% | +0.04 |
| MSB Mesabi Trust | New | 0.04% | +0.04 |
| AMGN Amgen Inc. | Add +0.2% | 0.21% | +0.03 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +23.8% | 0.11% | +0.03 |
| DIREXION SHARES ETF TRUST | New | 0.02% | +0.02 |
| BLK BlackRock Inc. | Add +6.9% | 0.78% | +0.02 |
| WMT Walmart Inc. | Add +0.1% | 0.13% | +0.02 |
| OKTA Okta Inc. | Add +3.1% | 2.09% | +0.01 |
| SBUX Starbucks Corp. | Add +0.1% | 0.08% | +0.01 |
| AAPL Apple Inc. | Add +0.4% | 2.41% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +0.1% | 0.30% | +0.01 |
| AWK American Water Works Co. Inc. | Add +0.1% | 0.05% | +0.01 |
Notes & Other Activity Q4 2025 → Q1 2026
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +2.6% | 153,874 | $10.0M |
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 |