Distillate Capital Partners LLC

Name: Distillate Capital Partners LLC 13F holdings, Q2 2025
Creator: Distillate Capital Partners LLC
Published: 2025-08-13

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

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Distillate Capital Partners LLC reported 117 stock positions worth $1.9 billion. Its top holding was Unitedhealth (UNH) at 2.4% of the portfolio, followed by Merck (MRK, 2.4%) and Johnson & Johnson (JNJ, 2.3%). Compared with Q1 2025, it opened 20 new positions, sold out of 22, added to 7 and reduced 85. The biggest buy was a new position in Salesforce (CRM) and the biggest sale an exit from FedEx (FDX).

Most Recent 13F: Q2 2026
Location: CHICAGO, IL
CIK: 0001741001
Portfolio Value: $1.9B (Q2 2025)
SEC Filing: 0001741001-25-000007 ↗ filed Aug 13, 2025

Holdings Value

Holdings 117 stocks · $1.9B


UNH Unitedhealth Group Inc.	2.40%	143,717	$44.8M	Add +9.1%
MRK Merck & Co. Inc.	2.40%	565,353	$44.8M	Reduce -9.3%
JNJ Johnson & Johnson	2.32%	283,609	$43.3M	Add +0.6%
ABBV Abbvie Inc.	2.28%	229,196	$42.5M	Reduce -9.6%
TMUS T-Mobile US Inc.	1.98%	155,362	$37.0M	Add +1.4%
PG The Procter & Gamble Co.	1.93%	226,193	$36.0M	Reduce -6.7%
CMCSA Comcast Corp. Class A	1.77%	928,248	$33.1M	Reduce -6.0%
CSCO Cisco Systems Inc.	1.74%	467,445	$32.4M	Reduce -20.4%
QCOM Qualcomm Inc.	1.63%	190,702	$30.4M	Reduce -6.9%
CI The Cigna Group	1.62%	91,234	$30.2M	Reduce -5.6%
BKNG Booking Holdings Inc.	1.61%	5,194	$30.1M	Reduce -6.6%
CRM Salesforce Inc.	1.52%	103,740	$28.3M	New
AMGN Amgen Inc.	1.36%	91,163	$25.5M	New
BLK BlackRock Inc.	1.33%	23,581	$24.7M	Reduce -6.1%
MO Altria Group Inc.	1.32%	419,722	$24.6M	Reduce -6.1%
PEP Pepsico Inc.	1.32%	186,255	$24.6M	New
ADBE Adobe Inc.	1.30%	62,712	$24.3M	Reduce -4.8%
UBER Uber Technologies Inc.	1.29%	257,410	$24.0M	New
LMT Lockheed Martin Corp.	1.28%	51,658	$23.9M	Reduce -1.7%
PYPL PayPal Holdings Inc.	1.27%	320,068	$23.8M	Reduce -7.9%
MCK McKesson Corp.	1.24%	31,593	$23.2M	Reduce -4.4%
ELV Elevance Health Inc.	1.21%	57,994	$22.6M	Reduce -7.4%
LOW Lowe's Cos Inc.	1.21%	101,592	$22.5M	Reduce -6.3%
GD General Dynamics Corp.	1.17%	74,934	$21.9M	Reduce -3.8%
AMAT Applied Materials Inc.	1.16%	118,159	$21.6M	Reduce -26.2%
EPD Enterprise Products Partners	1.15%	690,941	$21.4M	Reduce -7.2%
MPC Marathon Petroleum Corp.	1.14%	128,060	$21.3M	Reduce -23.1%
HCA HCA Healthcare Inc.	1.13%	54,833	$21.0M	Reduce -26.5%
KR Kroger Co.	1.09%	284,640	$20.4M	Reduce -5.8%
LRCX Lam Research Corp.	1.05%	201,166	$19.6M	Reduce -31.8%
FISV Fiserv Inc.	1.03%	111,589	$19.2M	New
TEL Te Connectivity PLC	1.00%	110,770	$18.7M	Reduce -10.0%
MPLX MPLX LP	0.99%	358,631	$18.5M	Reduce -7.9%
ABNB Airbnb Inc. Class A	0.98%	138,525	$18.3M	Reduce -5.4%
FANG Diamondback Energy Inc.	0.97%	131,504	$18.1M	Reduce -3.0%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO	0.95%	55,330	$17.7M	Reduce -4.8%
FOXA Fox Corp. Class A	0.93%	311,209	$17.4M	Reduce -4.0%
PCAR Paccar Inc.	0.93%	183,457	$17.4M	Reduce -6.6%
CBOE Cboe Global Markets Inc.	0.93%	74,772	$17.4M	Reduce -3.9%
DGX Quest Diagnostics Inc.	0.90%	93,774	$16.8M	Reduce -4.7%
BDX Becton Dickinson and Co.	0.89%	96,228	$16.6M	New
SSNC Ss&c Technologies Holdings	0.88%	197,639	$16.4M	Reduce -5.0%
RS Reliance Inc.	0.87%	51,956	$16.3M	Reduce -4.2%
FTI Technipfmc PLC	0.87%	472,458	$16.3M	Reduce -9.4%
SYY Sysco Corp.	0.87%	214,052	$16.2M	Reduce -6.7%
CRH CRH PLC	0.86%	175,427	$16.1M	Reduce -11.2%
FIX Comfort Systems USA Inc.	0.86%	29,974	$16.1M	Reduce -6.2%
USFD US Foods Holding Corp.	0.86%	207,952	$16.0M	Reduce -4.8%
STLD Steel Dynamics Inc.	0.86%	124,745	$16.0M	Reduce -4.9%
COR Cencora Inc.	0.85%	53,087	$15.9M	New
CTSH Cognizant Tech Solutions-A	0.85%	203,812	$15.9M	Reduce -5.4%
FFIV F5 Inc.	0.85%	53,884	$15.9M	Reduce -4.5%
TXT Textron Inc.	0.85%	196,820	$15.8M	Reduce -5.8%
RGLD Royal Gold Inc.	0.84%	87,887	$15.6M	Reduce -1.6%
TDY Teledyne Technologies Inc.	0.84%	30,446	$15.6M	Reduce -5.0%
PHM Pultegroup Inc.	0.83%	147,724	$15.6M	Reduce -4.9%
GPN Global Payments Inc.	0.82%	192,225	$15.4M	New
NBIX Neurocrine Biosciences Inc.	0.82%	121,614	$15.3M	Reduce -6.3%
CTRA Coterra Energy Inc.	0.81%	595,820	$15.1M	Reduce -4.7%
PR Permian Resources Corp. Class A	0.79%	1,084,721	$14.8M	Reduce -3.7%
LECO Lincoln Electric Holdings	0.79%	70,911	$14.7M	Reduce -4.0%
REGN Regeneron Pharmaceuticals	0.79%	27,983	$14.7M	Reduce -11.1%
JBL Jabil Inc.	0.78%	66,994	$14.6M	Reduce -36.0%
CDW CDW Corp.	0.77%	80,109	$14.3M	Reduce -7.5%
CPAY Corpay Inc.	0.77%	43,064	$14.3M	Reduce -6.5%
HRL Hormel Foods Corp.	0.76%	470,337	$14.2M	Reduce -6.7%
NVR NVR Inc.	0.76%	1,926	$14.2M	Reduce -3.1%
ON On Semiconductor	0.76%	271,405	$14.2M	Reduce -29.6%
LKQ LKQ Corp.	0.76%	382,432	$14.2M	Reduce -5.0%
EME Emcor Group Inc.	0.76%	26,380	$14.1M	New
ROST Ross Stores Inc.	0.75%	110,289	$14.1M	New
BLD Topbuild Corp.	0.75%	43,361	$14.0M	Reduce -4.9%
SNA Snap-on Inc.	0.75%	44,955	$14.0M	Reduce -4.3%
NDSN Nordson Corp.	0.75%	65,176	$14.0M	Reduce -4.4%
UHS Universal Health Services-B	0.75%	76,883	$13.9M	Reduce -5.5%
ALLE Allegion PLC	0.74%	96,274	$13.9M	Reduce -10.3%
DOX Amdocs Ltd.	0.73%	149,799	$13.7M	Reduce -10.3%
EPAM Epam Systems Inc.	0.73%	76,728	$13.6M	Reduce -6.9%
GDDY GoDaddy Inc. Class A	0.73%	75,203	$13.5M	New
OMC Omnicom Group	0.71%	183,297	$13.2M	Reduce -5.3%
NTAP Netapp Inc.	0.70%	123,410	$13.1M	Reduce -6.0%
AVY Avery Dennison Corp.	0.70%	74,445	$13.1M	Reduce -4.2%
ZM Zoom Communications Inc.	0.70%	167,061	$13.0M	New
GPC Genuine Parts Co.	0.69%	106,777	$13.0M	New
DBX Dropbox Inc. Class A	0.69%	447,430	$12.8M	Reduce -4.7%
AOS Smith (a.o.) Corp.	0.68%	194,388	$12.7M	Reduce -5.5%
TOL Toll Brothers Inc.	0.68%	111,373	$12.7M	Reduce -5.0%
IEX Idex Corp.	0.67%	71,334	$12.5M	New
CCK Crown Holdings Inc.	0.67%	121,365	$12.5M	New
WSM Williams-Sonoma Inc.	0.67%	76,345	$12.5M	Reduce -4.3%
DECK Deckers Outdoor Corp.	0.65%	118,556	$12.2M	Reduce -5.9%
CROX Crocs Inc.	0.65%	119,800	$12.1M	Reduce -6.0%
MAS Masco Corp.	0.65%	187,702	$12.1M	Reduce -5.6%
ALGN Align Technology Inc.	0.65%	63,689	$12.1M	Reduce -6.3%
PKG Packaging Corp. of America	0.63%	62,391	$11.8M	Reduce -4.6%
OC Owens Corning	0.62%	84,105	$11.6M	Reduce -6.1%
BLDR Builders Firstsource Inc.	0.62%	98,871	$11.5M	Reduce -4.1%
JAZZ Jazz Pharmaceuticals PLC	0.61%	107,811	$11.4M	Reduce -13.5%
FTV Fortive Corp.	0.53%	190,206	$9.9M	New
ICLR Icon PLC	0.51%	65,201	$9.5M	Reduce -13.6%

Show all 117 holdings

Portfolio Sells Q1 2025 → Q2 2025


FDX FedEx Corp.	Sold out	0.00%	−0.97
LEN Lennar Corp. Class A	Sold out	0.00%	−0.97
KLAC KLA Corp.	Sold out	0.00%	−0.96
VST Vistra Corp.	Sold out	0.00%	−0.94
SGI Somnigroup International Inc.	Sold out	0.00%	−0.77
WAB Wabtec Corp.	Sold out	0.00%	−0.77
FERG Ferguson Enterprises Inc.	Sold out	0.00%	−0.76
EXEL Exelixis Inc.	Sold out	0.00%	−0.75
DKS Dick's Sporting Goods Inc.	Sold out	0.00%	−0.66
WMS Advanced Drainage Systems Inc.	Sold out	0.00%	−0.66
CACI Caci International Inc. Class A	Sold out	0.00%	−0.66
MEDP Medpace Holdings Inc.	Sold out	0.00%	−0.65
ULTA Ulta Beauty Inc.	Sold out	0.00%	−0.64
EXP Eagle Materials Inc.	Sold out	0.00%	−0.63
GMED Globus Medical Inc. Class A	Sold out	0.00%	−0.63
FBIN Fortune Brands Innovations I	Sold out	0.00%	−0.63
MRK Merck & Co. Inc.	Reduce -9.3%	2.40%	−0.47
ABBV Abbvie Inc.	Reduce -9.6%	2.28%	−0.44
REGN Regeneron Pharmaceuticals	Reduce -11.1%	0.79%	−0.24
HCA HCA Healthcare Inc.	Reduce -26.5%	1.13%	−0.19
ELV Elevance Health Inc.	Reduce -7.4%	1.21%	−0.19
PG The Procter & Gamble Co.	Reduce -6.7%	1.93%	−0.19
JAZZ Jazz Pharmaceuticals PLC	Reduce -13.5%	0.61%	−0.18
ICLR Icon PLC	Reduce -13.6%	0.51%	−0.17
EPD Enterprise Products Partners	Reduce -7.2%	1.15%	−0.15
FANG Diamondback Energy Inc.	Reduce -3.0%	0.97%	−0.14
LKQ LKQ Corp.	Reduce -5.0%	0.76%	−0.12
CSCO Cisco Systems Inc.	Reduce -20.4%	1.74%	−0.12
OMC Omnicom Group	Reduce -5.3%	0.71%	−0.12
CTRA Coterra Energy Inc.	Reduce -4.7%	0.81%	−0.11
MPC Marathon Petroleum Corp.	Reduce -23.1%	1.14%	−0.10
CMCSA Comcast Corp. Class A	Reduce -6.0%	1.77%	−0.09
LOW Lowe's Cos Inc.	Reduce -6.3%	1.21%	−0.09
AJG Arthur J Gallagher & Co.	Reduce -4.8%	0.95%	−0.08
MPLX MPLX LP	Reduce -7.9%	0.99%	−0.08
DECK Deckers Outdoor Corp.	Reduce -5.9%	0.65%	−0.07
SNA Snap-on Inc.	Reduce -4.3%	0.75%	−0.06
MAS Masco Corp.	Reduce -5.6%	0.65%	−0.06
CPAY Corpay Inc.	Reduce -6.5%	0.77%	−0.06
MO Altria Group Inc.	Reduce -6.1%	1.32%	−0.06
DOX Amdocs Ltd.	Reduce -10.3%	0.73%	−0.05
LRCX Lam Research Corp.	Reduce -31.8%	1.05%	−0.05
PCAR Paccar Inc.	Reduce -6.6%	0.93%	−0.05
CROX Crocs Inc.	Reduce -6.0%	0.65%	−0.04
BLDR Builders Firstsource Inc.	Reduce -4.1%	0.62%	−0.04
ON On Semiconductor	Reduce -29.6%	0.76%	−0.04
UHS Universal Health Services-B	Reduce -5.5%	0.75%	−0.04
HRL Hormel Foods Corp.	Reduce -6.7%	0.76%	−0.04
OC Owens Corning	Reduce -6.1%	0.62%	−0.04
PKG Packaging Corp. of America	Reduce -4.6%	0.63%	−0.03

Portfolio Buys Q1 2025 → Q2 2025


CRM Salesforce Inc.	New	1.52%	+1.52
AMGN Amgen Inc.	New	1.36%	+1.36
PEP Pepsico Inc.	New	1.32%	+1.32
UBER Uber Technologies Inc.	New	1.29%	+1.29
FISV Fiserv Inc.	New	1.03%	+1.03
BDX Becton Dickinson and Co.	New	0.89%	+0.89
COR Cencora Inc.	New	0.85%	+0.85
GPN Global Payments Inc.	New	0.82%	+0.82
EME Emcor Group Inc.	New	0.76%	+0.76
ROST Ross Stores Inc.	New	0.75%	+0.75
GDDY GoDaddy Inc. Class A	New	0.73%	+0.73
ZM Zoom Communications Inc.	New	0.70%	+0.70
GPC Genuine Parts Co.	New	0.69%	+0.69
IEX Idex Corp.	New	0.67%	+0.67
CCK Crown Holdings Inc.	New	0.67%	+0.67
FTV Fortive Corp.	New	0.53%	+0.53
RAL Ralliant Corp.	New	0.16%	+0.16
BBWI Bath & Body Works Inc.	Add +28.6%	0.00%	0.00
CHRW C.H. Robinson Worldwide Inc.	New	0.00%	0.00
CIVI Civitas Resources Inc.	Add +33.3%	0.00%	0.00
DXC DXC Technology Co.	Add +30.0%	0.00%	0.00
MAT Mattel Inc.	New	0.00%	0.00
QRVO Qorvo Inc.	New	0.00%	0.00
RRC Range Resources Corp.	Add +20.0%	0.00%	0.00
JNJ Johnson & Johnson	Add +0.6%	2.32%	−0.07
TMUS T-Mobile US Inc.	Add +1.4%	1.98%	−0.11
UNH Unitedhealth Group Inc.	Add +9.1%	2.40%	−1.13

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