Distillate Capital Partners LLC

Name: Distillate Capital Partners LLC 13F holdings, Q1 2025
Creator: Distillate Capital Partners LLC
Published: 2025-05-13

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Distillate Capital Partners LLC reported 119 stock positions worth $2.0 billion. Its top holding was Unitedhealth (UNH) at 3.5% of the portfolio, followed by Merck (MRK, 2.9%) and Abbvie (ABBV, 2.7%). Compared with Q4 2024, it opened 22 new positions, sold out of 21, added to 11 and reduced 82. The biggest buy was a new position in Merck (MRK) and the biggest sale an exit from Cme (CME).

Most Recent 13F: Q2 2026
Location: CHICAGO, IL
CIK: 0001741001
Portfolio Value: $2.0B (Q1 2025)
SEC Filing: 0001741001-25-000003 ↗ filed May 13, 2025

Holdings Value

Holdings 119 stocks · $2.0B


UNH Unitedhealth Group Inc.	3.53%	131,677	$69.0M	Reduce -8.5%
MRK Merck & Co. Inc.	2.87%	623,414	$56.0M	New
ABBV Abbvie Inc.	2.72%	253,593	$53.1M	Reduce -19.4%
JNJ Johnson & Johnson	2.40%	281,993	$46.8M	Reduce -21.9%
PG The Procter & Gamble Co.	2.12%	242,435	$41.3M	Reduce -4.2%
TMUS T-Mobile US Inc.	2.09%	153,295	$40.9M	Reduce -29.2%
CMCSA Comcast Corp. Class A	1.87%	987,201	$36.4M	Reduce -5.8%
CSCO Cisco Systems Inc.	1.86%	587,160	$36.2M	Reduce -15.2%
CI The Cigna Group	1.63%	96,676	$31.8M	Reduce -21.3%
QCOM Qualcomm Inc.	1.61%	204,798	$31.5M	Reduce -6.7%
ELV Elevance Health Inc.	1.40%	62,647	$27.2M	Reduce -21.6%
MO Altria Group Inc.	1.37%	446,777	$26.8M	Reduce -16.2%
HCA HCA Healthcare Inc.	1.32%	74,577	$25.8M	Reduce -7.3%
BKNG Booking Holdings Inc.	1.31%	5,562	$25.6M	Reduce -6.1%
EPD Enterprise Products Partners	1.30%	744,429	$25.4M	Reduce -4.3%
LOW Lowe's Cos Inc.	1.29%	108,402	$25.3M	Reduce -6.4%
ADBE Adobe Inc.	1.29%	65,867	$25.3M	Reduce -7.2%
MPC Marathon Petroleum Corp.	1.24%	166,593	$24.3M	New
BLK BlackRock Inc.	1.22%	25,104	$23.8M	New
LMT Lockheed Martin Corp.	1.20%	52,551	$23.5M	Reduce -4.0%
AMAT Applied Materials Inc.	1.19%	160,041	$23.2M	Reduce -6.0%
PYPL PayPal Holdings Inc.	1.16%	347,598	$22.7M	Add +21.5%
MCK McKesson Corp.	1.14%	33,046	$22.2M	Reduce -22.5%
FANG Diamondback Energy Inc.	1.11%	135,617	$21.7M	Reduce -7.0%
LRCX Lam Research Corp.	1.10%	295,137	$21.5M	New
GD General Dynamics Corp.	1.09%	77,925	$21.2M	Reduce -6.3%
MPLX MPLX LP	1.07%	389,316	$20.8M	Reduce -20.0%
KR Kroger Co.	1.05%	302,138	$20.5M	Reduce -3.7%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO	1.03%	58,127	$20.1M	Reduce -20.4%
REGN Regeneron Pharmaceuticals	1.02%	31,464	$20.0M	Reduce -2.1%
PCAR Paccar Inc.	0.98%	196,378	$19.1M	Reduce -7.2%
FDX FedEx Corp.	0.97%	77,444	$18.9M	Reduce -9.4%
LEN Lennar Corp. Class A	0.97%	164,172	$18.8M	Add +9.1%
KLAC KLA Corp.	0.96%	27,658	$18.8M	Reduce -19.3%
FOXA Fox Corp. Class A	0.94%	324,205	$18.4M	New
VST Vistra Corp.	0.94%	155,479	$18.3M	New
CTRA Coterra Energy Inc.	0.92%	624,882	$18.1M	New
CBOE Cboe Global Markets Inc.	0.90%	77,811	$17.6M	Reduce -6.2%
ABNB Airbnb Inc. Class A	0.90%	146,477	$17.5M	Reduce -6.7%
TEL Te Connectivity PLC	0.89%	123,047	$17.4M	New
SSNC Ss&c Technologies Holdings	0.89%	208,093	$17.4M	Reduce -7.2%
CRH CRH PLC	0.89%	197,496	$17.4M	Reduce -3.7%
SYY Sysco Corp.	0.88%	229,465	$17.2M	Reduce -4.4%
LKQ LKQ Corp.	0.88%	402,740	$17.1M	Reduce -7.1%
DGX Quest Diagnostics Inc.	0.85%	98,351	$16.6M	Reduce -6.4%
FTI Technipfmc PLC	0.85%	521,346	$16.5M	New
CTSH Cognizant Tech Solutions-A	0.84%	215,393	$16.5M	Reduce -7.1%
STLD Steel Dynamics Inc.	0.84%	131,198	$16.4M	New
OMC Omnicom Group	0.82%	193,613	$16.1M	Reduce -5.4%
CPAY Corpay Inc.	0.82%	46,049	$16.1M	Reduce -7.7%
PHM Pultegroup Inc.	0.82%	155,314	$16.0M	Reduce -7.6%
TDY Teledyne Technologies Inc.	0.82%	32,041	$15.9M	Reduce -7.0%
SNA Snap-on Inc.	0.81%	46,967	$15.8M	New
ON On Semiconductor	0.80%	385,466	$15.7M	Add +44.4%
RS Reliance Inc.	0.80%	54,207	$15.7M	New
PR Permian Resources Corp. Class A	0.80%	1,126,082	$15.6M	Reduce -7.4%
HRL Hormel Foods Corp.	0.80%	503,962	$15.6M	Reduce -1.9%
JAZZ Jazz Pharmaceuticals PLC	0.79%	124,585	$15.5M	Add +1.0%
UHS Universal Health Services-B	0.78%	81,360	$15.3M	Reduce -8.1%
DOX Amdocs Ltd.	0.78%	166,949	$15.3M	Reduce -2.1%
TXT Textron Inc.	0.77%	209,007	$15.1M	New
SGI Somnigroup International Inc.	0.77%	251,747	$15.1M	Reduce -8.1%
WAB Wabtec Corp.	0.77%	83,117	$15.1M	Reduce -7.4%
FFIV F5 Inc.	0.77%	56,442	$15.0M	Reduce -7.7%
FERG Ferguson Enterprises Inc.	0.76%	92,184	$14.8M	New
EXEL Exelixis Inc.	0.75%	396,033	$14.6M	New
RGLD Royal Gold Inc.	0.75%	89,292	$14.6M	Reduce -22.8%
NVR NVR Inc.	0.74%	1,987	$14.4M	Reduce -5.4%
NBIX Neurocrine Biosciences Inc.	0.74%	129,789	$14.4M	New
USFD US Foods Holding Corp.	0.73%	218,411	$14.3M	Reduce -7.9%
JBL Jabil Inc.	0.73%	104,612	$14.2M	Reduce -8.6%
DECK Deckers Outdoor Corp.	0.72%	126,016	$14.1M	New
ALLE Allegion PLC	0.72%	107,391	$14.0M	Reduce -3.3%
LECO Lincoln Electric Holdings	0.72%	73,869	$14.0M	Reduce -8.0%
EPAM Epam Systems Inc.	0.71%	82,446	$13.9M	Add +32.3%
BLD Topbuild Corp.	0.71%	45,584	$13.9M	Reduce -9.0%
CDW CDW Corp.	0.71%	86,633	$13.9M	Reduce -8.2%
AVY Avery Dennison Corp.	0.71%	77,698	$13.8M	Reduce -7.2%
MAS Masco Corp.	0.71%	198,750	$13.8M	Reduce -7.9%
NDSN Nordson Corp.	0.70%	68,198	$13.8M	Reduce -7.7%
CROX Crocs Inc.	0.69%	127,389	$13.5M	Reduce -7.9%
AOS Smith (a.o.) Corp.	0.69%	205,696	$13.4M	Reduce -7.6%
ICLR Icon PLC	0.68%	75,446	$13.2M	Add +1.4%
DKS Dick's Sporting Goods Inc.	0.66%	64,309	$13.0M	Reduce -8.7%
PKG Packaging Corp. of America	0.66%	65,425	$13.0M	Reduce -6.9%
WMS Advanced Drainage Systems Inc.	0.66%	119,017	$12.9M	Reduce -8.8%
BLDR Builders Firstsource Inc.	0.66%	103,085	$12.9M	Reduce -8.5%
CACI Caci International Inc. Class A	0.66%	35,082	$12.9M	Reduce -6.5%
OC Owens Corning	0.66%	89,587	$12.8M	Reduce -9.1%
MEDP Medpace Holdings Inc.	0.65%	41,430	$12.6M	Reduce -6.5%
WSM Williams-Sonoma Inc.	0.65%	79,769	$12.6M	Reduce -8.9%
DBX Dropbox Inc. Class A	0.64%	469,488	$12.5M	Reduce -7.5%
ULTA Ulta Beauty Inc.	0.64%	34,028	$12.5M	Reduce -7.9%
TOL Toll Brothers Inc.	0.63%	117,242	$12.4M	Reduce -8.3%
EXP Eagle Materials Inc.	0.63%	55,346	$12.3M	Reduce -8.7%
GMED Globus Medical Inc. Class A	0.63%	167,647	$12.3M	Reduce -7.7%
FBIN Fortune Brands Innovations I	0.63%	200,757	$12.2M	Reduce -8.0%
NTAP Netapp Inc.	0.59%	131,261	$11.5M	Reduce -8.3%
ALGN Align Technology Inc.	0.55%	67,945	$10.8M	Reduce -7.4%
FIX Comfort Systems USA Inc.	0.53%	31,962	$10.3M	Reduce -10.4%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC	0.00%	99	$8K	Add +5.3%
TAP Molson Coors Beverage Co. Class B	0.00%	127	$8K	Add +1714.3%
HOLX Hologic Inc.	0.00%	124	$8K	New
AR Antero Resources Corp.	0.00%	189	$8K	Add +3050.0%
SWKS Skyworks Solutions Inc.	0.00%	118	$8K	Reduce -99.9%
OVV Ovintiv Inc.	0.00%	14	$599	No change
IPG Interpublic Group of Cos Inc.	0.00%	17	$462	Reduce -93.7%
APA Apa Corp.	0.00%	18	$378	Add +12.5%
MTDR Matador Resources Co.	0.00%	6	$307	No change
WFRD Weatherford International PL	0.00%	4	$214	New
BBWI Bath & Body Works Inc.	0.00%	7	$212	New
CIVI Civitas Resources Inc.	0.00%	6	$209	Reduce -33.3%
BWA Borgwarner Inc.	0.00%	7	$201	No change
RRC Range Resources Corp.	0.00%	5	$200	No change
ETSY Etsy Inc.	0.00%	4	$189	Add +100.0%
MOS The Mosaic Co.	0.00%	7	$189	Reduce -12.5%
DXC DXC Technology Co.	0.00%	10	$171	Reduce -23.1%
CNXC Concentrix Corp.	0.00%	3	$167	New
PSN Parsons Corp.	0.00%	2	$118	New

Portfolio Sells Q4 2024 → Q1 2025


CME Cme Group Inc.	Sold out	0.00%	−1.02
GIS General Mills Inc.	Sold out	0.00%	−0.97
SCCO Southern Copper Corp.	Sold out	0.00%	−0.97
CMI Cummins Inc.	Sold out	0.00%	−0.92
VTRS Viatris Inc.	Sold out	0.00%	−0.91
PAYX Paychex Inc.	Sold out	0.00%	−0.90
HSY The Hershey Co.	Sold out	0.00%	−0.87
EA Electronic Arts Inc.	Sold out	0.00%	−0.85
VRSN Verisign Inc.	Sold out	0.00%	−0.81
WEX Wex Inc.	Sold out	0.00%	−0.77
EMN Eastman Chemical Co.	Sold out	0.00%	−0.77
SWKS Skyworks Solutions Inc.	Reduce -99.9%	0.00%	−0.76
AKAM Akamai Technologies Inc.	Sold out	0.00%	−0.75
TFX Teleflex Inc.	Sold out	0.00%	−0.74
ADBE Adobe Inc.	Reduce -7.2%	1.29%	−0.26
TMUS T-Mobile US Inc.	Reduce -29.2%	2.09%	−0.25
NTAP Netapp Inc.	Reduce -8.3%	0.59%	−0.23
FIX Comfort Systems USA Inc.	Reduce -10.4%	0.53%	−0.22
FDX FedEx Corp.	Reduce -9.4%	0.97%	−0.21
ALGN Align Technology Inc.	Reduce -7.4%	0.55%	−0.20
JNJ Johnson & Johnson	Reduce -21.9%	2.40%	−0.17
AMAT Applied Materials Inc.	Reduce -6.0%	1.19%	−0.17
OC Owens Corning	Reduce -9.1%	0.66%	−0.17
CSCO Cisco Systems Inc.	Reduce -15.2%	1.86%	−0.16
TOL Toll Brothers Inc.	Reduce -8.3%	0.63%	−0.16
ULTA Ulta Beauty Inc.	Reduce -7.9%	0.64%	−0.15
WSM Williams-Sonoma Inc.	Reduce -8.9%	0.65%	−0.15
BKNG Booking Holdings Inc.	Reduce -6.1%	1.31%	−0.13
BLDR Builders Firstsource Inc.	Reduce -8.5%	0.66%	−0.13
DKS Dick's Sporting Goods Inc.	Reduce -8.7%	0.66%	−0.13
ABNB Airbnb Inc. Class A	Reduce -6.7%	0.90%	−0.12
PKG Packaging Corp. of America	Reduce -6.9%	0.66%	−0.11
GMED Globus Medical Inc. Class A	Reduce -7.7%	0.63%	−0.11
LOW Lowe's Cos Inc.	Reduce -6.4%	1.29%	−0.11
DBX Dropbox Inc. Class A	Reduce -7.5%	0.64%	−0.11
NVR NVR Inc.	Reduce -5.4%	0.74%	−0.11
FBIN Fortune Brands Innovations I	Reduce -8.0%	0.63%	−0.11
EXP Eagle Materials Inc.	Reduce -8.7%	0.63%	−0.11
LMT Lockheed Martin Corp.	Reduce -4.0%	1.20%	−0.10
REGN Regeneron Pharmaceuticals	Reduce -2.1%	1.02%	−0.10
PCAR Paccar Inc.	Reduce -7.2%	0.98%	−0.10
KLAC KLA Corp.	Reduce -19.3%	0.96%	−0.10
CDW CDW Corp.	Reduce -8.2%	0.71%	−0.10
CACI Caci International Inc. Class A	Reduce -6.5%	0.66%	−0.09
PHM Pultegroup Inc.	Reduce -7.6%	0.82%	−0.08
JBL Jabil Inc.	Reduce -8.6%	0.73%	−0.08
WMS Advanced Drainage Systems Inc.	Reduce -8.8%	0.66%	−0.08
MEDP Medpace Holdings Inc.	Reduce -6.5%	0.65%	−0.08
MPLX MPLX LP	Reduce -20.0%	1.07%	−0.08
CMCSA Comcast Corp. Class A	Reduce -5.8%	1.87%	−0.07

Portfolio Buys Q4 2024 → Q1 2025


MRK Merck & Co. Inc.	New	2.87%	+2.87
MPC Marathon Petroleum Corp.	New	1.24%	+1.24
BLK BlackRock Inc.	New	1.22%	+1.22
LRCX Lam Research Corp.	New	1.10%	+1.10
FOXA Fox Corp. Class A	New	0.94%	+0.94
VST Vistra Corp.	New	0.94%	+0.94
CTRA Coterra Energy Inc.	New	0.92%	+0.92
TEL Te Connectivity PLC	New	0.89%	+0.89
FTI Technipfmc PLC	New	0.85%	+0.85
STLD Steel Dynamics Inc.	New	0.84%	+0.84
SNA Snap-on Inc.	New	0.81%	+0.81
RS Reliance Inc.	New	0.80%	+0.80
TXT Textron Inc.	New	0.77%	+0.77
FERG Ferguson Enterprises Inc.	New	0.76%	+0.76
EXEL Exelixis Inc.	New	0.75%	+0.75
NBIX Neurocrine Biosciences Inc.	New	0.74%	+0.74
DECK Deckers Outdoor Corp.	New	0.72%	+0.72
JAZZ Jazz Pharmaceuticals PLC	Add +1.0%	0.79%	+0.05
AR Antero Resources Corp.	Add +3050.0%	0.00%	+0.00
HOLX Hologic Inc.	New	0.00%	+0.00
TAP Molson Coors Beverage Co. Class B	Add +1714.3%	0.00%	+0.00
APA Apa Corp.	Add +12.5%	0.00%	0.00
BBWI Bath & Body Works Inc.	New	0.00%	0.00
CF CF Industries Holdings Inc.	Add +5.3%	0.00%	0.00
CNXC Concentrix Corp.	New	0.00%	0.00
ETSY Etsy Inc.	Add +100.0%	0.00%	0.00
PSN Parsons Corp.	New	0.00%	0.00
WFRD Weatherford International PL	New	0.00%	0.00
EPAM Epam Systems Inc.	Add +32.3%	0.71%	−0.00
ON On Semiconductor	Add +44.4%	0.80%	−0.02
PYPL PayPal Holdings Inc.	Add +21.5%	1.16%	−0.04
LEN Lennar Corp. Class A	Add +9.1%	0.97%	−0.04
ICLR Icon PLC	Add +1.4%	0.68%	−0.09

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	118	$1.9B	MRK, CRM, CMCSA, ABBV, UBER
Q1 2026	118	$1.9B	ABBV, MRK, CRM, TMUS, UBER
Q4 2025	116	$1.9B	ABBV, MRK, TMUS, PG, JNJ
Q3 2025	119	$1.9B	ABBV, JNJ, MRK, TMUS, CSCO
Q2 2025	117	$1.9B	UNH, MRK, JNJ, ABBV, TMUS
Q1 2025	119	$2.0B	UNH, MRK, ABBV, JNJ, PG
Q4 2024	118	$2.0B	UNH, ABBV, JNJ, TMUS, PG
Q3 2024	64	$2.0B	JNJ, AMGN, UNH, CI, ELV
Q2 2024	104	$1.9B	UNH, JNJ, ABBV, TMUS, CMCSA
Q1 2024	41	$595K	WSM, BLDR, PCAR, CRH, FANG