CHURCHILL MANAGEMENT Corp

Name: CHURCHILL MANAGEMENT Corp 13F holdings, Q4 2024
Creator: CHURCHILL MANAGEMENT Corp
Published: 2025-01-14

Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 14, 2025), CHURCHILL MANAGEMENT Corp reported 164 stock positions worth $9.2 billion. Its top holding was SS Technology Select Sector (XLK) at 13.0% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 10.3%) and SS SPDR S&P 500 ETF Trust-US (SPY, 6.7%). Compared with Q3 2024, it opened 26 new positions, sold out of 22, added to 61 and reduced 61. The biggest buy was iShares Russell 2000 Growth (IWO, shares +1424%) and the biggest sale an exit from SS Consumer Staples Sel Sect (XLP).

Most Recent 13F: Q2 2025
Location: Los Angeles, CA
CIK: 0001094749
Portfolio Value: $9.2B (Q4 2024)
SEC Filing: 0000935836-25-000064 ↗ filed Jan 14, 2025

Holdings Value

Holdings 164 stocks · $9.2B


XLK SS Technology Select Sector	13.03%	5,133,748	$1.2B	Add +17.2%
QQQ Invesco QQQ Trust Series 1	10.27%	1,840,025	$940.7M	Add +0.8%
SPY SS SPDR S&P 500 ETF Trust-US	6.73%	1,052,321	$616.7M	Reduce -11.0%
IWF iShares Russell 1000 Growth	6.08%	1,386,056	$556.6M	Add +3.3%
XLF SS Financial Select Sector	5.44%	10,316,298	$498.6M	Reduce -0.3%
IVV iShares Core S&P 500 ETF	5.28%	822,264	$484.1M	Add +1.7%
VOO Vanguard S&P 500 ETF	5.14%	874,652	$471.3M	Reduce -0.2%
VTV Vanguard Mrngstr Val ETF-Aui	4.74%	2,562,948	$433.9M	Add +1.9%
XLC SS Comm Select Sector SPDR	4.31%	4,083,333	$395.3M	Add +29.8%
XLY SS Consumer Disc Select Sect	3.77%	1,537,909	$345.0M	Add +96.3%
XLI SS Industrial Select Sector	3.60%	2,506,323	$330.2M	Add +0.8%
XLV SS Health Care Select Sector	2.94%	1,955,905	$269.1M	Reduce -18.5%
IWB iShares Russell 1000 ETF	2.78%	790,933	$254.8M	Add +5.8%
FTEC Fidelity MSCI Info Tech Indx	2.61%	1,291,314	$238.7M	Add +0.6%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE	2.50%	537,885	$228.9M	Add +0.8%
AVUV Avantis US Small Cap Value	2.38%	2,262,344	$218.4M	Add +1.6%
IWO iShares Russell 2000 Growth	2.29%	729,339	$209.9M	Add +1423.9%
AVGO Broadcom Inc.	0.91%	360,336	$83.5M	Reduce -2.0%
XLU St Sr Utl SL SE SPDR ETF-Usd	0.81%	979,497	$74.1M	Add +1.6%
NVDA Nvidia Corp.	0.63%	428,335	$57.5M	Add +3.7%
AAPL Apple Inc.	0.61%	222,938	$55.8M	Add +0.9%
MSFT Microsoft Corp.	0.50%	108,264	$45.6M	Add +0.8%
GOOGL Alphabet Inc. Class A	0.47%	226,387	$42.9M	Reduce -2.1%
NFLX Netflix Inc.	0.33%	33,516	$29.9M	Reduce -0.6%
CAH Cardinal Health Inc.	0.31%	240,422	$28.4M	Add +1.5%
OKE Oneok Inc.	0.31%	281,715	$28.3M	Add +0.4%
CMG Chipotle Mexican Grill Inc.	0.29%	441,348	$26.6M	Reduce -0.9%
HD Home Depot Inc.	0.29%	67,992	$26.4M	Add +0.5%
META Meta Platforms Inc. Class A	0.29%	44,778	$26.2M	Reduce -0.1%
IR Ingersoll-Rand Inc.	0.26%	264,920	$24.0M	Reduce -1.1%
IGV iShares Expanded Tech-Softwa	0.26%	236,887	$23.7M	Reduce -2.3%
FTAI Ftai Aviation Ltd.	0.24%	154,474	$22.3M	Reduce -2.7%
AMZN Amazon.com Inc.	0.23%	97,086	$21.3M	Add +30.5%
WRB WR Berkley Corp. filed as BERKLEY W R CORP	0.21%	335,277	$19.6M	Add +0.4%
VRTX Vertex Pharmaceuticals Inc.	0.20%	45,457	$18.3M	Add +0.2%
ANET Arista Networks Inc.	0.20%	165,433	$18.3M	New
IRM Iron Mountain Inc. filed as IRON MTN INC DEL	0.20%	173,539	$18.2M	Add +0.3%
BSX Boston Scientific Corp.	0.19%	197,251	$17.6M	Add +0.3%
GE General Electric filed as GE AEROSPACE	0.19%	105,006	$17.5M	Reduce -0.0%
BRK.B Berkshire Hathaway Inc. Class B	0.19%	37,734	$17.1M	Add +0.7%
IWV iShares Russell 3000 ETF	0.18%	49,786	$16.6M	Reduce -1.6%
STX Seagate Technology Holdings	0.17%	180,870	$15.6M	Reduce -8.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.16%	68,597	$15.1M	Add +2.8%
XOM Exxon Mobil Corp.	0.16%	139,596	$15.0M	Add +1.6%
V Visa Inc. Class A	0.16%	45,490	$14.4M	Add +2.1%
IWP iShares Russell Mid-Cap Grow	0.15%	109,019	$13.8M	Reduce -5.2%
GWW WW Grainger Inc. filed as GRAINGER W W INC	0.15%	13,097	$13.8M	Add +1.6%
NOW ServiceNow Inc.	0.15%	12,991	$13.8M	Reduce -1.9%
JXN Jackson Financial Inc. Class A	0.15%	157,447	$13.7M	Add +0.1%
KMI Kinder Morgan Inc.	0.15%	486,036	$13.3M	Add +2.0%
CCL Carnival Corp.	0.14%	531,119	$13.2M	Add +3.3%
MO Altria Group Inc.	0.14%	248,864	$13.0M	Add +2.5%
IWM iShares Russell 2000 ETF	0.14%	57,871	$12.8M	Reduce -4.8%
IWD iShares Russell 1000 Value E	0.14%	68,304	$12.6M	Reduce -4.5%
IWN iShares Russell 2000 Value E	0.14%	75,474	$12.4M	Reduce -4.6%
INCY Incyte Corp.	0.13%	178,922	$12.4M	Add +2.8%
AIG American International Group	0.13%	169,291	$12.3M	Add +3.7%
VWO Vanguard Ftse Emerging Marke	0.13%	277,087	$12.2M	New
EEM iShares MSCI Emerging Market	0.13%	289,366	$12.1M	New
ORI Old Republic Intl Corp.	0.13%	333,788	$12.1M	Reduce -1.4%
DHR Danaher Corp.	0.13%	51,111	$11.7M	Add +2.9%
AZO AutoZone Inc.	0.13%	3,660	$11.7M	New
UNH Unitedhealth Group Inc.	0.12%	22,046	$11.2M	Reduce -2.2%
EPAM Epam Systems Inc.	0.12%	47,682	$11.1M	New
AROC Archrock Inc.	0.12%	444,826	$11.1M	New
BIPC Brookfield Infrastructure-A	0.12%	273,706	$11.0M	Add +3.3%
CRM Salesforce Inc.	0.12%	32,696	$10.9M	New
PM Philip Morris International	0.12%	90,483	$10.9M	Add +3.3%
VST Vistra Corp.	0.12%	78,819	$10.9M	New
F Ford Motor Co. filed as FORD MTR CO	0.12%	1,096,218	$10.9M	New
PRU Prudential Financial Inc.	0.11%	81,812	$9.7M	Add +4.1%
FNF Fidelity National Financial	0.11%	171,744	$9.6M	Reduce -0.5%
MU Micron Technology Inc.	0.10%	114,333	$9.6M	New
SYY Sysco Corp.	0.10%	121,208	$9.3M	Add +3.8%
CARR Carrier Global Corp.	0.10%	133,832	$9.1M	Reduce -1.7%
VICI Vici Properties Inc. filed as VICI PPTYS INC	0.10%	311,653	$9.1M	Add +2.9%
LNC Lincoln National Corp.	0.10%	286,286	$9.1M	Add +4.1%
EXR Extra Space Storage Inc.	0.10%	58,249	$8.7M	Add +4.6%
JHG Janus Henderson Group PLC	0.10%	204,653	$8.7M	Reduce -0.1%
JPM JPMorgan Chase & Co.	0.09%	36,049	$8.6M	Reduce -2.6%
COST Costco Wholesale Corp.	0.09%	9,200	$8.4M	New
GEHC GE Healthcare Technology	0.09%	107,427	$8.4M	Add +4.5%
CFG Citizens Financial Group	0.09%	185,880	$8.1M	New
PFG Principal Financial Group	0.09%	105,009	$8.1M	Add +4.8%
DUK Duke Energy Corp.	0.09%	75,187	$8.1M	Add +3.6%
KEY Keycorp	0.09%	465,333	$8.0M	Add +5.9%
SPYV SS SPDR P S&P 500 Value ETF	0.09%	155,648	$8.0M	Reduce -1.0%
EVRG Evergy Inc.	0.09%	127,530	$7.8M	Add +7.0%
GEV GE Vernova Inc.	0.09%	23,833	$7.8M	Reduce -2.1%
MET Metlife Inc.	0.08%	90,459	$7.4M	Reduce -0.9%
CAT Caterpillar Inc.	0.08%	20,016	$7.3M	Reduce -0.8%
T AT&T Inc.	0.08%	315,732	$7.2M	Add +3.3%
TDG Transdigm Group Inc.	0.08%	5,666	$7.2M	Reduce -11.6%
QCOM Qualcomm Inc.	0.08%	45,640	$7.0M	Add +35.9%
DOC Healthpeak Properties Inc.	0.07%	337,883	$6.8M	Add +6.5%
MRSH Marsh & McLennan Cos	0.07%	31,815	$6.8M	Reduce -0.9%
AIZ Assurant Inc.	0.07%	31,247	$6.7M	Add +0.6%
EIX Edison International	0.07%	80,908	$6.5M	Add +6.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.07%	57,855	$6.4M	Reduce -0.2%
PANW Palo Alto Networks Inc.	0.07%	34,981	$6.4M	Reduce -4.5%

Show all 164 holdings

Portfolio Sells Q3 2024 → Q4 2024


XLP SS Consumer Staples Sel Sect	Sold out	0.00%	−2.14
XLV SS Health Care Select Sector	Reduce -18.5%	2.94%	−1.30
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -11.0%	6.73%	−1.05
XLB SS Materials Select Sector	Sold out	0.00%	−0.86
XLE SS Energy Select Sector	Sold out	0.00%	−0.65
AMD Advanced Micro Devices	Sold out	0.00%	−0.29
LLY Eli Lilly & Co.	Sold out	0.00%	−0.21
O Realty Income Corp.	Sold out	0.00%	−0.21
PFE Pfizer Inc.	Sold out	0.00%	−0.17
VOO Vanguard S&P 500 ETF	Reduce -0.2%	5.14%	−0.16
GD General Dynamics Corp.	Sold out	0.00%	−0.15
TXT Textron Inc.	Reduce -82.6%	0.03%	−0.15
AMAT Applied Materials Inc.	Sold out	0.00%	−0.15
ES Eversource Energy	Sold out	0.00%	−0.13
SNPS Synopsys Inc.	Sold out	0.00%	−0.11
PEP Pepsico Inc.	Sold out	0.00%	−0.10
STX Seagate Technology Holdings	Reduce -8.8%	0.17%	−0.08
IR Ingersoll-Rand Inc.	Reduce -1.1%	0.26%	−0.04
NEM Newmont Corp.	Sold out	0.00%	−0.04
GE General Electric	Reduce -0.0%	0.19%	−0.04
UNH Unitedhealth Group Inc.	Reduce -2.2%	0.12%	−0.03
TDG Transdigm Group Inc.	Reduce -11.6%	0.08%	−0.03
CARR Carrier Global Corp.	Reduce -1.7%	0.10%	−0.03
CL Colgate-Palmolive Co.	Sold out	0.00%	−0.02
OLLI Ollie's Bargain Outlet Holdi	Sold out	0.00%	−0.02
CSX CSX Corp.	Sold out	0.00%	−0.02
FNF Fidelity National Financial	Reduce -0.5%	0.11%	−0.02
IWD iShares Russell 1000 Value E	Reduce -4.5%	0.14%	−0.02
ELV Elevance Health Inc.	Sold out	0.00%	−0.02
UHS Universal Health Services-B	Reduce -2.7%	0.04%	−0.02
IWN iShares Russell 2000 Value E	Reduce -4.6%	0.14%	−0.02
ESEA Euroseas Ltd.	Sold out	0.00%	−0.02
IWM iShares Russell 2000 ETF	Reduce -4.8%	0.14%	−0.01
CAVA Cava Group Inc.	Reduce -5.0%	0.06%	−0.01
PSN Parsons Corp.	Reduce -1.4%	0.06%	−0.01
CAT Caterpillar Inc.	Reduce -0.8%	0.08%	−0.01
IBB iShares Biotechnology ETF	Sold out	0.00%	−0.01
ASPN Aspen Aerogels Inc.	Sold out	0.00%	−0.01
PCOR Procore Technologies Inc.	Sold out	0.00%	−0.01
MRSH Marsh & McLennan Cos	Reduce -0.9%	0.07%	−0.01
SPYV SS SPDR P S&P 500 Value ETF	Reduce -1.0%	0.09%	−0.01
META Meta Platforms Inc. Class A	Reduce -0.1%	0.29%	−0.01
IWV iShares Russell 3000 ETF	Reduce -1.6%	0.18%	−0.01
RSP Invesco S&P 500 Equal Weight	Reduce -5.5%	0.06%	−0.01
NTAP Netapp Inc.	Reduce -3.0%	0.05%	−0.01
BIRK Birkenstock Holding PLC	Sold out	0.00%	−0.01
ORI Old Republic Intl Corp.	Reduce -1.4%	0.13%	−0.01
MET Metlife Inc.	Reduce -0.9%	0.08%	−0.01
IEX Idex Corp.	Reduce -2.1%	0.05%	−0.01
IOT Samsara Inc. Class A	Reduce -3.4%	0.03%	−0.01

Portfolio Buys Q3 2024 → Q4 2024


IWO iShares Russell 2000 Growth	Add +1423.9%	2.29%	+2.14
XLY SS Consumer Disc Select Sect	Add +96.3%	3.77%	+1.97
XLK SS Technology Select Sector	Add +17.2%	13.03%	+1.69
XLC SS Comm Select Sector SPDR	Add +29.8%	4.31%	+1.05
IWF iShares Russell 1000 Growth	Add +3.3%	6.08%	+0.30
ANET Arista Networks Inc.	New	0.20%	+0.20
VWO Vanguard Ftse Emerging Marke	New	0.13%	+0.13
EEM iShares MSCI Emerging Market	New	0.13%	+0.13
AZO AutoZone Inc.	New	0.13%	+0.13
EPAM Epam Systems Inc.	New	0.12%	+0.12
AROC Archrock Inc.	New	0.12%	+0.12
CRM Salesforce Inc.	New	0.12%	+0.12
VST Vistra Corp.	New	0.12%	+0.12
F Ford Motor Co.	New	0.12%	+0.12
MU Micron Technology Inc.	New	0.10%	+0.10
COST Costco Wholesale Corp.	New	0.09%	+0.09
CFG Citizens Financial Group	New	0.09%	+0.09
IWB iShares Russell 1000 ETF	Add +5.8%	2.78%	+0.09
AMZN Amazon.com Inc.	Add +30.5%	0.23%	+0.07
NVDA Nvidia Corp.	Add +3.7%	0.63%	+0.05
QQQ Invesco QQQ Trust Series 1	Add +0.8%	10.27%	+0.04
FTEC Fidelity MSCI Info Tech Indx	Add +0.6%	2.61%	+0.04
CCL Carnival Corp.	Add +3.3%	0.14%	+0.04
ARM Arm Holdings PLC-ADR	New	0.03%	+0.03
SPOT Spotify Technology SA	New	0.03%	+0.03
KMI Kinder Morgan Inc.	Add +2.0%	0.15%	+0.02
ZS Zscaler Inc.	New	0.02%	+0.02
WAY Waystar Holding Corp.	New	0.02%	+0.02
SEIC Sei Investments Company	New	0.02%	+0.02
RKLB Rocket Lab USA Inc.	New	0.02%	+0.02
VIST Vista Energy Sab DE CV	New	0.02%	+0.02
AAPL Apple Inc.	Add +0.9%	0.61%	+0.02
FBCG Fidelity Blue Chip Grow ETF	New	0.02%	+0.02
V Visa Inc. Class A	Add +2.1%	0.16%	+0.02
OKE Oneok Inc.	Add +0.4%	0.31%	+0.02
XYZ Block Inc.	Add +36.8%	0.03%	+0.01
QCOM Qualcomm Inc.	Add +35.9%	0.08%	+0.01
PAY Paymentus Holdings Inc. Class A	New	0.01%	+0.01
CAH Cardinal Health Inc.	Add +1.5%	0.31%	+0.01
SHAK Shake Shack Inc. Class A	New	0.01%	+0.01
DOCU Docusign Inc.	New	0.01%	+0.01
TBCH Turtle Beach Corp.	New	0.01%	+0.01
CYBR Cyberark Software Ltd./Israel	New	0.01%	+0.01
APP AppLovin Corp. Class A	Add +0.4%	0.01%	+0.01
HIMS Hims & Hers Health Inc.	New	0.00%	+0.00
BSX Boston Scientific Corp.	Add +0.3%	0.19%	+0.00
INCY Incyte Corp.	Add +2.8%	0.13%	+0.00
KEY Keycorp	Add +5.9%	0.09%	+0.00
AIZ Assurant Inc.	Add +0.6%	0.07%	+0.00
SPYM Ste STR SPDR PT S&P 500 ETF	Add +45.8%	0.01%	+0.00

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2025	164	$9.2B	XLK, QQQ, SPY, XLF, IVV
Q1 2025	156	$7.9B	XLK, QQQ, SPY, XLF, IWF
Q4 2024	164	$9.2B	XLK, QQQ, SPY, IWF, XLF
Q3 2024	160	$8.7B	XLK, QQQ, SPY, IWF, XLF
Q2 2024	163	$8.5B	QQQ, XLK, SPY, IWF, IVV
Q1 2024	162	$8.0B	XLK, QQQ, SPY, IWF, IVV