Distillate Capital Partners LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Distillate Capital Partners LLC reported 116 stock positions worth $1.9 billion. Its top holding was Abbvie (ABBV) at 2.6% of the portfolio, followed by Merck (MRK, 2.4%) and T-Mobile US (TMUS, 2.4%). Compared with Q3 2025, it opened 20 new positions, sold out of 23, added to 25 and reduced 71. The biggest buy was a new position in Bristol-Myers Squibb (BMY) and the biggest sale an exit from Lowe's Cos (LOW).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001741001
Portfolio Value
$1.9B (Q4 2025)
SEC Filing
0001741001-26-000002 ↗ filed Feb 12, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $595K Q1 2024 Q2 2024: $1.9B Q2 2024 Q3 2024: $2.0B Q3 2024 Q4 2024: $2.0B Q4 2024 Q1 2025: $2.0B Q1 2025 Q2 2025: $1.9B Q2 2025 Q3 2025: $1.9B Q3 2025 Q4 2025: $1.9B $1.9B Q4 2025 Q1 2026: $1.9B Q1 2026 Q2 2026: $1.9B Q2 2026

Holdings 116 stocks · $1.9B
ABBV Abbvie Inc. 2.58% 219,688 $50.2M Reduce -2.9%
MRK Merck & Co. Inc. 2.41% 444,426 $46.8M Reduce -20.4%
TMUS T-Mobile US Inc. 2.41% 230,220 $46.7M Add +23.4%
PG The Procter & Gamble Co. 2.00% 271,371 $38.9M Add +6.2%
JNJ Johnson & Johnson 1.98% 185,350 $38.4M Reduce -33.8%
CSCO Cisco Systems Inc. 1.90% 481,090 $36.9M Reduce -17.2%
CRM Salesforce Inc. 1.88% 138,058 $36.6M Reduce -2.1%
CMCSA Comcast Corp. Class A 1.86% 1,207,612 $36.1M Reduce -1.9%
BMY Bristol-Myers Squibb Co. 1.81% 657,723 $35.1M New
QCOM Qualcomm Inc. 1.63% 185,313 $31.7M Reduce -1.5%
ACN Accenture PLC Class A 1.58% 114,650 $30.8M Reduce -1.7%
UBER Uber Technologies Inc. 1.53% 364,220 $29.8M Add +44.1%
CI The Cigna Group 1.51% 106,700 $29.4M Reduce -1.8%
AMGN Amgen Inc. 1.48% 87,695 $28.7M Reduce -2.6%
BKNG Booking Holdings Inc. 1.39% 5,049 $27.0M Reduce -1.5%
ADBE Adobe Inc. 1.37% 75,758 $26.5M Reduce -1.9%
MCK McKesson Corp. 1.29% 30,517 $25.0M Reduce -2.0%
LMT Lockheed Martin Corp. 1.24% 49,829 $24.1M Reduce -1.7%
MO Altria Group Inc. 1.23% 413,178 $23.8M Reduce -0.1%
MPC Marathon Petroleum Corp. 1.22% 146,262 $23.8M Add +39.6%
UNP Union Pacific Corp. 1.22% 102,678 $23.8M Reduce -1.2%
FDX FedEx Corp. 1.20% 80,490 $23.3M Reduce -1.3%
PYPL PayPal Holdings Inc. 1.19% 394,589 $23.0M Add +25.0%
REGN Regeneron Pharmaceuticals 1.13% 28,378 $21.9M Reduce -23.5%
VST Vistra Corp. 1.08% 130,199 $21.0M New
GD General Dynamics Corp. 1.02% 58,731 $19.8M Reduce -1.6%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 1.02% 76,243 $19.7M Add +39.5%
PCAR Paccar Inc. 1.00% 177,362 $19.4M Reduce -1.5%
TEL Te Connectivity PLC 0.99% 84,759 $19.3M New
FANG Diamondback Energy Inc. 0.99% 128,135 $19.3M Reduce -1.1%
DHI D.R. Horton Inc. 0.99% 132,892 $19.1M New
CAH Cardinal Health Inc. 0.98% 93,013 $19.1M Reduce -21.9%
MRSH Marsh & McLennan Cos 0.98% 102,346 $19.0M Reduce -0.9%
ADP Automatic Data Processing 0.96% 72,644 $18.7M Reduce -1.7%
JAZZ Jazz Pharmaceuticals PLC 0.96% 109,828 $18.7M Reduce -1.4%
CBOE Cboe Global Markets Inc. 0.94% 72,728 $18.3M Reduce -1.5%
ABNB Airbnb Inc. Class A 0.94% 134,389 $18.2M Reduce -1.7%
GPN Global Payments Inc. 0.93% 232,519 $18.0M New
BDX Becton Dickinson and Co. 0.93% 92,590 $18.0M Reduce -2.5%
THC Tenet Healthcare Corp. 0.91% 88,915 $17.7M New
BLD Topbuild Corp. 0.90% 41,850 $17.5M Reduce -2.2%
COR Cencora Inc. 0.89% 51,233 $17.3M Reduce -2.2%
CL Colgate-Palmolive Co. 0.89% 218,848 $17.3M Reduce -1.7%
KR Kroger Co. 0.89% 276,647 $17.3M Reduce -1.6%
PAYX Paychex Inc. 0.88% 152,603 $17.1M New
ALGN Align Technology Inc. 0.88% 109,076 $17.0M Reduce -1.9%
STZ Constellation Brands Inc. Class A 0.88% 123,373 $17.0M New
PHM Pultegroup Inc. 0.87% 143,726 $16.9M Reduce -1.3%
SSNC Ss&c Technologies Holdings 0.86% 191,388 $16.7M Reduce -1.4%
TXT Textron Inc. 0.86% 190,953 $16.6M Reduce -1.1%
CTSH Cognizant Tech Solutions-A 0.85% 198,292 $16.5M Reduce -1.4%
UHS Universal Health Services-B 0.84% 74,829 $16.3M Reduce -1.4%
USFD US Foods Holding Corp. 0.83% 213,495 $16.1M New
RMD Resmed Inc. 0.83% 66,725 $16.1M New
FTI Technipfmc PLC 0.81% 352,859 $15.7M Add +1.9%
EME Emcor Group Inc. 0.81% 25,630 $15.7M Reduce -1.0%
CROX Crocs Inc. 0.81% 183,202 $15.7M Reduce -1.6%
CDW CDW Corp. 0.80% 114,479 $15.6M Add +44.6%
EPAM Epam Systems Inc. 0.80% 75,413 $15.5M Reduce -0.4%
LKQ LKQ Corp. 0.79% 510,178 $15.4M Add +35.1%
DGX Quest Diagnostics Inc. 0.79% 88,756 $15.4M New
FTV Fortive Corp. 0.79% 278,493 $15.4M New
SYY Sysco Corp. 0.79% 208,551 $15.3M Reduce -1.4%
CTRA Coterra Energy Inc. 0.78% 577,019 $15.2M Reduce -1.8%
CSL Carlisle Cos Inc. 0.78% 47,432 $15.2M New
PINS Pinterest Inc. Class A 0.77% 581,189 $15.0M New
AYI Acuity Inc. 0.77% 41,765 $15.0M Add +3.9%
CACI Caci International Inc. Class A 0.77% 28,138 $15.0M Add +0.2%
OC Owens Corning 0.77% 133,339 $14.9M Add +61.5%
ROP Roper Technologies Inc. 0.76% 33,406 $14.8M Reduce -1.4%
JBL Jabil Inc. 0.76% 64,791 $14.8M Reduce -2.2%
PR Permian Resources Corp. Class A 0.76% 1,052,511 $14.8M Reduce -1.5%
SNA Snap-on Inc. 0.76% 42,685 $14.7M Reduce -3.2%
TOL Toll Brothers Inc. 0.76% 108,485 $14.7M Reduce -1.3%
IT Gartner Inc. 0.75% 57,903 $14.6M Reduce -0.1%
FDS Factset Research Systems Inc. 0.75% 50,280 $14.6M Add +1.0%
OMC Omnicom Group 0.74% 179,012 $14.5M Reduce -1.0%
ON On Semiconductor 0.73% 262,751 $14.2M Reduce -1.8%
AIT Applied Industrial Tech Inc. 0.72% 54,832 $14.1M Add +7.8%
ZM Zoom Communications Inc. 0.72% 162,320 $14.0M Reduce -1.5%
GDDY GoDaddy Inc. Class A 0.70% 110,300 $13.7M Reduce -1.6%
NVR NVR Inc. 0.70% 1,867 $13.6M Reduce -1.7%
CHD Church & Dwight Co. Inc. 0.70% 162,039 $13.6M Reduce -1.5%
BRO Brown & Brown Inc. 0.69% 168,060 $13.4M Reduce -3.5%
SW Smurfit Westrock PLC 0.68% 343,304 $13.3M Reduce -2.6%
FFIV F5 Inc. 0.68% 51,923 $13.3M Reduce -2.4%
WSM Williams-Sonoma Inc. 0.68% 74,071 $13.2M Reduce -1.6%
AVY Avery Dennison Corp. 0.68% 72,593 $13.2M Reduce -1.3%
NBIX Neurocrine Biosciences Inc. 0.68% 92,539 $13.1M Reduce -2.0%
LII Lennox International Inc. 0.67% 26,626 $12.9M Add +0.5%
NTAP Netapp Inc. 0.66% 119,911 $12.8M Reduce -1.6%
CPAY Corpay Inc. 0.65% 42,030 $12.6M Reduce -1.1%
AOS Smith (a.o.) Corp. 0.65% 188,796 $12.6M Reduce -1.1%
DOX Amdocs Ltd. 0.64% 153,520 $12.4M Reduce -2.0%
CCK Crown Holdings Inc. 0.63% 117,977 $12.1M Reduce -1.5%
DBX Dropbox Inc. Class A 0.62% 435,130 $12.1M Reduce -1.4%
ICLR Icon PLC 0.62% 66,140 $12.1M Reduce -2.1%
IEX Idex Corp. 0.62% 67,359 $12.0M Reduce -3.8%
DECK Deckers Outdoor Corp. 0.62% 115,500 $12.0M Reduce -1.2%
MAS Masco Corp. 0.60% 182,255 $11.6M Reduce -1.1%
AR Antero Resources Corp. 0.00% 15 $517 Add +1400.0%
OVV Ovintiv Inc. 0.00% 13 $509 Add +1200.0%
TAP Molson Coors Beverage Co. Class B 0.00% 10 $467 New
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.00% 5 $387 New
CHRD Chord Energy Corp. 0.00% 4 $371 New
APA Apa Corp. 0.00% 15 $367 Add +1400.0%
SWKS Skyworks Solutions Inc. 0.00% 5 $317 Add +400.0%
HRL Hormel Foods Corp. 0.00% 13 $308 New
CIVI Civitas Resources Inc. 0.00% 9 $244 Add +800.0%
EEFT Euronet Worldwide Inc. 0.00% 3 $228 New
DXC DXC Technology Co. 0.00% 15 $220 Add +1400.0%
CNM Core & Main Inc. Class A 0.00% 4 $208 New
MOS The Mosaic Co. 0.00% 8 $193 Add +700.0%
SFD Smithfield Foods Inc. 0.00% 8 $179 Add +700.0%
ETSY Etsy Inc. 0.00% 2 $111 Add +100.0%
DINO HF Sinclair Corp. 0.00% 2 $92 Add +100.0%

Portfolio Sells Q3 2025 → Q4 2025
LOW Lowe's Cos Inc. Sold out 0.00% −1.31
ELV Elevance Health Inc. Sold out 0.00% −1.28
HCA HCA Healthcare Inc. Sold out 0.00% −1.20
FISV Fiserv Inc. Sold out 0.00% −1.18
TGT Target Corp. Sold out 0.00% −0.95
MPLX MPLX LP Sold out 0.00% −0.92
RGLD Royal Gold Inc. Sold out 0.00% −0.90
AME Ametek Inc. Sold out 0.00% −0.82
WAB Wabtec Corp. Sold out 0.00% −0.81
JBHT Hunt (jb) Transprt SVCS Inc. Sold out 0.00% −0.77
RS Reliance Inc. Sold out 0.00% −0.75
WAT Waters Corp. Sold out 0.00% −0.72
JNJ Johnson & Johnson Reduce -33.8% 1.98% −0.72
PKG Packaging Corp. of America Sold out 0.00% −0.70
BLDR Builders Firstsource Inc. Sold out 0.00% −0.61
FFIV F5 Inc. Reduce -2.4% 0.68% −0.21
MO Altria Group Inc. Reduce -0.1% 1.23% −0.19
ADP Automatic Data Processing Reduce -1.7% 0.96% −0.16
CSCO Cisco Systems Inc. Reduce -17.2% 1.90% −0.16
BRO Brown & Brown Inc. Reduce -3.5% 0.69% −0.16
ABBV Abbvie Inc. Reduce -2.9% 2.58% −0.13
PHM Pultegroup Inc. Reduce -1.3% 0.87% −0.13
CMCSA Comcast Corp. Class A Reduce -1.9% 1.86% −0.13
SYY Sysco Corp. Reduce -1.4% 0.79% −0.12
CI The Cigna Group Reduce -1.8% 1.51% −0.11
ROP Roper Technologies Inc. Reduce -1.4% 0.76% −0.11
MRSH Marsh & McLennan Cos Reduce -0.9% 0.98% −0.10
SW Smurfit Westrock PLC Reduce -2.6% 0.68% −0.09
KR Kroger Co. Reduce -1.6% 0.89% −0.09
GDDY GoDaddy Inc. Class A Reduce -1.6% 0.70% −0.09
NTAP Netapp Inc. Reduce -1.6% 0.66% −0.09
NVR NVR Inc. Reduce -1.7% 0.70% −0.09
WSM Williams-Sonoma Inc. Reduce -1.6% 0.68% −0.08
MAS Masco Corp. Reduce -1.1% 0.60% −0.08
AOS Smith (a.o.) Corp. Reduce -1.1% 0.65% −0.08
LMT Lockheed Martin Corp. Reduce -1.7% 1.24% −0.07
DBX Dropbox Inc. Class A Reduce -1.4% 0.62% −0.07
EME Emcor Group Inc. Reduce -1.0% 0.81% −0.06
UNP Union Pacific Corp. Reduce -1.2% 1.22% −0.05
ADBE Adobe Inc. Reduce -1.9% 1.37% −0.05
CHD Church & Dwight Co. Inc. Reduce -1.5% 0.70% −0.05
BKNG Booking Holdings Inc. Reduce -1.5% 1.39% −0.04
IT Gartner Inc. Reduce -0.1% 0.75% −0.04
GD General Dynamics Corp. Reduce -1.6% 1.02% −0.04
SNA Snap-on Inc. Reduce -3.2% 0.76% −0.04
CL Colgate-Palmolive Co. Reduce -1.7% 0.89% −0.03
TOL Toll Brothers Inc. Reduce -1.3% 0.76% −0.03
SSNC Ss&c Technologies Holdings Reduce -1.4% 0.86% −0.03
DOX Amdocs Ltd. Reduce -2.0% 0.64% −0.03
OMC Omnicom Group Reduce -1.0% 0.74% −0.02

Portfolio Buys Q3 2025 → Q4 2025
BMY Bristol-Myers Squibb Co. New 1.81% +1.81
VST Vistra Corp. New 1.08% +1.08
TEL Te Connectivity PLC New 0.99% +0.99
DHI D.R. Horton Inc. New 0.99% +0.99
GPN Global Payments Inc. New 0.93% +0.93
THC Tenet Healthcare Corp. New 0.91% +0.91
PAYX Paychex Inc. New 0.88% +0.88
STZ Constellation Brands Inc. Class A New 0.88% +0.88
USFD US Foods Holding Corp. New 0.83% +0.83
RMD Resmed Inc. New 0.83% +0.83
DGX Quest Diagnostics Inc. New 0.79% +0.79
FTV Fortive Corp. New 0.79% +0.79
CSL Carlisle Cos Inc. New 0.78% +0.78
PINS Pinterest Inc. Class A New 0.77% +0.77
UBER Uber Technologies Inc. Add +44.1% 1.53% +0.25
LKQ LKQ Corp. Add +35.1% 0.79% +0.20
MPC Marathon Petroleum Corp. Add +39.6% 1.22% +0.18
OC Owens Corning Add +61.5% 0.77% +0.16
CDW CDW Corp. Add +44.6% 0.80% +0.15
AJG Arthur J Gallagher & Co. Add +39.5% 1.02% +0.14
FTI Technipfmc PLC Add +1.9% 0.81% +0.10
TMUS T-Mobile US Inc. Add +23.4% 2.41% +0.09
PYPL PayPal Holdings Inc. Add +25.0% 1.19% +0.09
AYI Acuity Inc. Add +3.9% 0.77% +0.06
CACI Caci International Inc. Class A Add +0.2% 0.77% +0.05
AIT Applied Industrial Tech Inc. Add +7.8% 0.72% +0.04
FDS Factset Research Systems Inc. Add +1.0% 0.75% +0.01
AR Antero Resources Corp. Add +1400.0% 0.00% 0.00
APA Apa Corp. Add +1400.0% 0.00% 0.00
CF CF Industries Holdings Inc. New 0.00% 0.00
CIVI Civitas Resources Inc. Add +800.0% 0.00% 0.00
CNM Core & Main Inc. Class A New 0.00% 0.00
DXC DXC Technology Co. Add +1400.0% 0.00% 0.00
ETSY Etsy Inc. Add +100.0% 0.00% 0.00
EEFT Euronet Worldwide Inc. New 0.00% 0.00
DINO HF Sinclair Corp. Add +100.0% 0.00% 0.00
HRL Hormel Foods Corp. New 0.00% 0.00
TAP Molson Coors Beverage Co. Class B New 0.00% 0.00
MOS The Mosaic Co. Add +700.0% 0.00% 0.00
CHRD Chord Energy Corp. New 0.00% 0.00
OVV Ovintiv Inc. Add +1200.0% 0.00% 0.00
SWKS Skyworks Solutions Inc. Add +400.0% 0.00% 0.00
SFD Smithfield Foods Inc. Add +700.0% 0.00% 0.00
PG The Procter & Gamble Co. Add +6.2% 2.00% −0.03
LII Lennox International Inc. Add +0.5% 0.67% −0.06

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 118$1.9BMRK, CRM, CMCSA, ABBV, UBER
Q1 2026 118$1.9BABBV, MRK, CRM, TMUS, UBER
Q4 2025 116$1.9BABBV, MRK, TMUS, PG, JNJ
Q3 2025 119$1.9BABBV, JNJ, MRK, TMUS, CSCO
Q2 2025 117$1.9BUNH, MRK, JNJ, ABBV, TMUS
Q1 2025 119$2.0BUNH, MRK, ABBV, JNJ, PG
Q4 2024 118$2.0BUNH, ABBV, JNJ, TMUS, PG
Q3 2024 64$2.0BJNJ, AMGN, UNH, CI, ELV
Q2 2024 104$1.9BUNH, JNJ, ABBV, TMUS, CMCSA
Q1 2024 41$595KWSM, BLDR, PCAR, CRH, FANG