Distillate Capital Partners LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Distillate Capital Partners LLC reported 119 stock positions worth $1.9 billion. Its top holding was Abbvie (ABBV) at 2.7% of the portfolio, followed by Johnson & Johnson (JNJ, 2.7%) and Merck (MRK, 2.4%). Compared with Q2 2025, it opened 29 new positions, sold out of 27, added to 16 and reduced 74. The biggest buy was a new position in Accenture Class A (ACN) and the biggest sale an exit from Unitedhealth (UNH).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001741001
- Portfolio Value
- $1.9B (Q3 2025)
- SEC Filing
- 0001741001-25-000010 ↗ filed Nov 14, 2025
Holdings Value
Holdings 119 stocks · $1.9B
| ABBV Abbvie Inc. | 2.72% | 226,321 | $52.4M | Reduce -1.3% |
| JNJ Johnson & Johnson | 2.69% | 279,917 | $51.9M | Reduce -1.3% |
| MRK Merck & Co. Inc. | 2.43% | 557,983 | $46.8M | Reduce -1.3% |
| TMUS T-Mobile US Inc. | 2.32% | 186,642 | $44.7M | Add +20.1% |
| CSCO Cisco Systems Inc. | 2.06% | 580,778 | $39.7M | Add +24.3% |
| PG The Procter & Gamble Co. | 2.04% | 255,447 | $39.3M | Add +12.9% |
| CMCSA Comcast Corp. Class A | 1.99% | 1,230,956 | $38.3M | Add +32.6% |
| CRM Salesforce Inc. | 1.73% | 140,961 | $33.4M | Add +35.9% |
| CI The Cigna Group | 1.62% | 108,676 | $31.3M | Add +19.1% |
| QCOM Qualcomm Inc. | 1.62% | 188,114 | $31.3M | Reduce -1.4% |
| ACN Accenture PLC Class A | 1.49% | 116,673 | $28.8M | New |
| BKNG Booking Holdings Inc. | 1.44% | 5,126 | $27.7M | Reduce -1.3% |
| MO Altria Group Inc. | 1.42% | 413,572 | $27.3M | Reduce -1.5% |
| ADBE Adobe Inc. | 1.41% | 77,261 | $27.3M | Add +23.2% |
| AMGN Amgen Inc. | 1.32% | 90,034 | $25.4M | Reduce -1.2% |
| LMT Lockheed Martin Corp. | 1.31% | 50,673 | $25.3M | Reduce -1.9% |
| LOW Lowe's Cos Inc. | 1.31% | 100,324 | $25.2M | Reduce -1.3% |
| UBER Uber Technologies Inc. | 1.28% | 252,804 | $24.8M | Reduce -1.8% |
| ELV Elevance Health Inc. | 1.28% | 76,502 | $24.7M | Add +31.9% |
| UNP Union Pacific Corp. | 1.27% | 103,949 | $24.6M | New |
| MCK McKesson Corp. | 1.25% | 31,141 | $24.1M | Reduce -1.4% |
| HCA HCA Healthcare Inc. | 1.20% | 54,117 | $23.1M | Reduce -1.3% |
| FISV Fiserv Inc. | 1.18% | 176,125 | $22.7M | Add +57.8% |
| ADP Automatic Data Processing | 1.13% | 73,927 | $21.7M | New |
| PYPL PayPal Holdings Inc. | 1.10% | 315,732 | $21.2M | Reduce -1.4% |
| REGN Regeneron Pharmaceuticals | 1.08% | 37,112 | $20.9M | Add +32.6% |
| MRSH Marsh & McLennan Cos | 1.08% | 103,284 | $20.8M | New |
| GD General Dynamics Corp. | 1.06% | 59,714 | $20.4M | Reduce -20.3% |
| MPC Marathon Petroleum Corp. | 1.05% | 104,731 | $20.2M | Reduce -18.2% |
| PHM Pultegroup Inc. | 1.00% | 145,651 | $19.3M | Reduce -1.4% |
| FDX FedEx Corp. | 1.00% | 81,524 | $19.2M | New |
| KR Kroger Co. | 0.98% | 281,018 | $19.0M | Reduce -1.3% |
| CAH Cardinal Health Inc. | 0.97% | 119,114 | $18.6M | New |
| FANG Diamondback Energy Inc. | 0.96% | 129,586 | $18.6M | Reduce -1.5% |
| TGT Target Corp. | 0.95% | 204,314 | $18.3M | New |
| CBOE Cboe Global Markets Inc. | 0.94% | 73,826 | $18.1M | Reduce -1.3% |
| CL Colgate-Palmolive Co. | 0.92% | 222,643 | $17.8M | New |
| BDX Becton Dickinson and Co. | 0.92% | 94,987 | $17.8M | Reduce -1.3% |
| PCAR Paccar Inc. | 0.92% | 180,048 | $17.7M | Reduce -1.9% |
| MPLX MPLX LP | 0.92% | 353,730 | $17.7M | Reduce -1.4% |
| RGLD Royal Gold Inc. | 0.90% | 86,744 | $17.4M | Reduce -1.3% |
| SYY Sysco Corp. | 0.90% | 211,401 | $17.4M | Reduce -1.2% |
| SSNC Ss&c Technologies Holdings | 0.89% | 194,030 | $17.2M | Reduce -1.8% |
| FFIV F5 Inc. | 0.89% | 53,201 | $17.2M | Reduce -1.3% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.88% | 54,634 | $16.9M | Reduce -1.3% |
| ROP Roper Technologies Inc. | 0.88% | 33,898 | $16.9M | New |
| EME Emcor Group Inc. | 0.87% | 25,899 | $16.8M | Reduce -1.8% |
| BLD Topbuild Corp. | 0.87% | 42,803 | $16.7M | Reduce -1.3% |
| ABNB Airbnb Inc. Class A | 0.86% | 136,764 | $16.6M | Reduce -1.3% |
| COR Cencora Inc. | 0.85% | 52,365 | $16.4M | Reduce -1.4% |
| BRO Brown & Brown Inc. | 0.85% | 174,232 | $16.3M | New |
| TXT Textron Inc. | 0.85% | 193,161 | $16.3M | Reduce -1.9% |
| AME Ametek Inc. | 0.82% | 83,848 | $15.8M | New |
| WAB Wabtec Corp. | 0.81% | 78,262 | $15.7M | New |
| CROX Crocs Inc. | 0.81% | 186,216 | $15.6M | Add +55.4% |
| UHS Universal Health Services-B | 0.80% | 75,865 | $15.5M | Reduce -1.3% |
| GDDY GoDaddy Inc. Class A | 0.80% | 112,037 | $15.3M | Add +49.0% |
| SNA Snap-on Inc. | 0.79% | 44,116 | $15.3M | Reduce -1.9% |
| NVR NVR Inc. | 0.79% | 1,899 | $15.3M | Reduce -1.4% |
| IT Gartner Inc. | 0.79% | 57,957 | $15.2M | New |
| TOL Toll Brothers Inc. | 0.79% | 109,873 | $15.2M | Reduce -1.4% |
| SW Smurfit Westrock PLC | 0.78% | 352,377 | $15.0M | New |
| JBHT Hunt (jb) Transprt SVCS Inc. | 0.77% | 110,978 | $14.9M | New |
| OMC Omnicom Group | 0.76% | 180,764 | $14.7M | Reduce -1.4% |
| WSM Williams-Sonoma Inc. | 0.76% | 75,312 | $14.7M | Reduce -1.4% |
| JAZZ Jazz Pharmaceuticals PLC | 0.76% | 111,383 | $14.7M | Add +3.3% |
| NTAP Netapp Inc. | 0.75% | 121,793 | $14.4M | Reduce -1.3% |
| CHD Church & Dwight Co. Inc. | 0.75% | 164,469 | $14.4M | New |
| RS Reliance Inc. | 0.75% | 51,282 | $14.4M | Reduce -1.3% |
| JBL Jabil Inc. | 0.75% | 66,220 | $14.4M | Reduce -1.2% |
| FDS Factset Research Systems Inc. | 0.74% | 49,789 | $14.3M | New |
| LII Lennox International Inc. | 0.73% | 26,489 | $14.0M | New |
| AOS Smith (a.o.) Corp. | 0.73% | 190,849 | $14.0M | Reduce -1.8% |
| CACI Caci International Inc. Class A | 0.73% | 28,086 | $14.0M | New |
| WAT Waters Corp. | 0.72% | 46,570 | $14.0M | New |
| ALGN Align Technology Inc. | 0.72% | 111,224 | $13.9M | Add +74.6% |
| CTRA Coterra Energy Inc. | 0.72% | 587,526 | $13.9M | Reduce -1.4% |
| AYI Acuity Inc. | 0.72% | 40,212 | $13.8M | New |
| PR Permian Resources Corp. Class A | 0.71% | 1,068,984 | $13.7M | Reduce -1.4% |
| FTI Technipfmc PLC | 0.71% | 346,256 | $13.7M | Reduce -26.7% |
| ZM Zoom Communications Inc. | 0.71% | 164,815 | $13.6M | Reduce -1.3% |
| CTSH Cognizant Tech Solutions-A | 0.70% | 201,058 | $13.5M | Reduce -1.4% |
| PKG Packaging Corp. of America | 0.70% | 61,551 | $13.4M | Reduce -1.4% |
| DBX Dropbox Inc. Class A | 0.69% | 441,459 | $13.3M | Reduce -1.3% |
| AIT Applied Industrial Tech Inc. | 0.69% | 50,877 | $13.3M | New |
| NBIX Neurocrine Biosciences Inc. | 0.69% | 94,416 | $13.3M | Reduce -22.4% |
| ON On Semiconductor | 0.68% | 267,683 | $13.2M | Reduce -1.4% |
| MAS Masco Corp. | 0.67% | 184,292 | $13.0M | Reduce -1.8% |
| DOX Amdocs Ltd. | 0.67% | 156,587 | $12.8M | Add +4.5% |
| CDW CDW Corp. | 0.65% | 79,160 | $12.6M | Reduce -1.2% |
| CPAY Corpay Inc. | 0.64% | 42,490 | $12.2M | Reduce -1.3% |
| AVY Avery Dennison Corp. | 0.62% | 73,509 | $11.9M | Reduce -1.3% |
| DECK Deckers Outdoor Corp. | 0.62% | 116,943 | $11.9M | Reduce -1.4% |
| ICLR Icon PLC | 0.61% | 67,538 | $11.8M | Add +3.6% |
| BLDR Builders Firstsource Inc. | 0.61% | 97,019 | $11.8M | Reduce -1.9% |
| OC Owens Corning | 0.61% | 82,555 | $11.7M | Reduce -1.8% |
| CCK Crown Holdings Inc. | 0.60% | 119,785 | $11.6M | Reduce -1.3% |
| LKQ LKQ Corp. | 0.60% | 377,538 | $11.5M | Reduce -1.3% |
| EPAM Epam Systems Inc. | 0.59% | 75,719 | $11.4M | Reduce -1.3% |
| IEX Idex Corp. | 0.59% | 70,045 | $11.4M | Reduce -1.8% |
Portfolio Sells Q2 2025 → Q3 2025
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −2.40 |
| BLK BlackRock Inc. | Sold out | 0.00% | −1.33 |
| PEP Pepsico Inc. | Sold out | 0.00% | −1.32 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −1.16 |
| EPD Enterprise Products Partners | Sold out | 0.00% | −1.15 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −1.05 |
| TEL Te Connectivity PLC | Sold out | 0.00% | −1.00 |
| FOXA Fox Corp. Class A | Sold out | 0.00% | −0.93 |
| DGX Quest Diagnostics Inc. | Sold out | 0.00% | −0.90 |
| CRH CRH PLC | Sold out | 0.00% | −0.86 |
| FIX Comfort Systems USA Inc. | Sold out | 0.00% | −0.86 |
| USFD US Foods Holding Corp. | Sold out | 0.00% | −0.86 |
| STLD Steel Dynamics Inc. | Sold out | 0.00% | −0.86 |
| TDY Teledyne Technologies Inc. | Sold out | 0.00% | −0.84 |
| GPN Global Payments Inc. | Sold out | 0.00% | −0.82 |
| LECO Lincoln Electric Holdings | Sold out | 0.00% | −0.79 |
| HRL Hormel Foods Corp. | Sold out | 0.00% | −0.76 |
| ROST Ross Stores Inc. | Sold out | 0.00% | −0.75 |
| NDSN Nordson Corp. | Sold out | 0.00% | −0.75 |
| ALLE Allegion PLC | Sold out | 0.00% | −0.74 |
| GPC Genuine Parts Co. | Sold out | 0.00% | −0.69 |
| FTV Fortive Corp. | Sold out | 0.00% | −0.53 |
| PYPL PayPal Holdings Inc. | Reduce -1.4% | 1.10% | −0.18 |
| BKNG Booking Holdings Inc. | Reduce -1.3% | 1.44% | −0.18 |
| RAL Ralliant Corp. | Sold out | 0.00% | −0.16 |
| FTI Technipfmc PLC | Reduce -26.7% | 0.71% | −0.16 |
| LKQ LKQ Corp. | Reduce -1.3% | 0.60% | −0.16 |
| CTSH Cognizant Tech Solutions-A | Reduce -1.4% | 0.70% | −0.15 |
| EPAM Epam Systems Inc. | Reduce -1.3% | 0.59% | −0.13 |
| NBIX Neurocrine Biosciences Inc. | Reduce -22.4% | 0.69% | −0.13 |
| CPAY Corpay Inc. | Reduce -1.3% | 0.64% | −0.13 |
| RS Reliance Inc. | Reduce -1.3% | 0.75% | −0.13 |
| ABNB Airbnb Inc. Class A | Reduce -1.3% | 0.86% | −0.12 |
| GD General Dynamics Corp. | Reduce -20.3% | 1.06% | −0.11 |
| CDW CDW Corp. | Reduce -1.2% | 0.65% | −0.11 |
| KR Kroger Co. | Reduce -1.3% | 0.98% | −0.11 |
| MPC Marathon Petroleum Corp. | Reduce -18.2% | 1.05% | −0.09 |
| CTRA Coterra Energy Inc. | Reduce -1.4% | 0.72% | −0.09 |
| PR Permian Resources Corp. Class A | Reduce -1.4% | 0.71% | −0.08 |
| AVY Avery Dennison Corp. | Reduce -1.3% | 0.62% | −0.08 |
| IEX Idex Corp. | Reduce -1.8% | 0.59% | −0.08 |
| ON On Semiconductor | Reduce -1.4% | 0.68% | −0.08 |
| MPLX MPLX LP | Reduce -1.4% | 0.92% | −0.07 |
| AJG Arthur J Gallagher & Co. | Reduce -1.3% | 0.88% | −0.07 |
| CCK Crown Holdings Inc. | Reduce -1.3% | 0.60% | −0.07 |
| AMGN Amgen Inc. | Reduce -1.2% | 1.32% | −0.05 |
| DECK Deckers Outdoor Corp. | Reduce -1.4% | 0.62% | −0.04 |
| JBL Jabil Inc. | Reduce -1.2% | 0.75% | −0.04 |
| PCAR Paccar Inc. | Reduce -1.9% | 0.92% | −0.02 |
| OC Owens Corning | Reduce -1.8% | 0.61% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| ACN Accenture PLC Class A | New | 1.49% | +1.49 |
| UNP Union Pacific Corp. | New | 1.27% | +1.27 |
| ADP Automatic Data Processing | New | 1.13% | +1.13 |
| MRSH Marsh & McLennan Cos | New | 1.08% | +1.08 |
| FDX FedEx Corp. | New | 1.00% | +1.00 |
| CAH Cardinal Health Inc. | New | 0.97% | +0.97 |
| TGT Target Corp. | New | 0.95% | +0.95 |
| CL Colgate-Palmolive Co. | New | 0.92% | +0.92 |
| ROP Roper Technologies Inc. | New | 0.88% | +0.88 |
| BRO Brown & Brown Inc. | New | 0.85% | +0.85 |
| AME Ametek Inc. | New | 0.82% | +0.82 |
| WAB Wabtec Corp. | New | 0.81% | +0.81 |
| IT Gartner Inc. | New | 0.79% | +0.79 |
| SW Smurfit Westrock PLC | New | 0.78% | +0.78 |
| JBHT Hunt (jb) Transprt SVCS Inc. | New | 0.77% | +0.77 |
| CHD Church & Dwight Co. Inc. | New | 0.75% | +0.75 |
| FDS Factset Research Systems Inc. | New | 0.74% | +0.74 |
| LII Lennox International Inc. | New | 0.73% | +0.73 |
| CACI Caci International Inc. Class A | New | 0.73% | +0.73 |
| WAT Waters Corp. | New | 0.72% | +0.72 |
| AYI Acuity Inc. | New | 0.72% | +0.72 |
| AIT Applied Industrial Tech Inc. | New | 0.69% | +0.69 |
| TMUS T-Mobile US Inc. | Add +20.1% | 2.32% | +0.33 |
| CSCO Cisco Systems Inc. | Add +24.3% | 2.06% | +0.32 |
| REGN Regeneron Pharmaceuticals | Add +32.6% | 1.08% | +0.30 |
| CRM Salesforce Inc. | Add +35.9% | 1.73% | +0.22 |
| CMCSA Comcast Corp. Class A | Add +32.6% | 1.99% | +0.21 |
| CROX Crocs Inc. | Add +55.4% | 0.81% | +0.16 |
| JAZZ Jazz Pharmaceuticals PLC | Add +3.3% | 0.76% | +0.15 |
| FISV Fiserv Inc. | Add +57.8% | 1.18% | +0.15 |
| ADBE Adobe Inc. | Add +23.2% | 1.41% | +0.11 |
| ICLR Icon PLC | Add +3.6% | 0.61% | +0.11 |
| PG The Procter & Gamble Co. | Add +12.9% | 2.04% | +0.10 |
| ALGN Align Technology Inc. | Add +74.6% | 0.72% | +0.08 |
| ELV Elevance Health Inc. | Add +31.9% | 1.28% | +0.07 |
| GDDY GoDaddy Inc. Class A | Add +49.0% | 0.80% | +0.07 |
| CI The Cigna Group | Add +19.1% | 1.62% | +0.01 |
| AR Antero Resources Corp. | New | 0.00% | 0.00 |
| GAP The Gap Inc. | New | 0.00% | 0.00 |
| DINO HF Sinclair Corp. | New | 0.00% | 0.00 |
| IPG Interpublic Group of Cos Inc. | New | 0.00% | 0.00 |
| PPC Pilgrim's Pride Corp. | New | 0.00% | 0.00 |
| SFD Smithfield Foods Inc. | New | 0.00% | 0.00 |
| G Genpact Ltd. | New | 0.00% | 0.00 |
| DOX Amdocs Ltd. | Add +4.5% | 0.67% | −0.07 |
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 |