Dividend Assets Capital, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 2, 2024), Dividend Assets Capital, LLC reported 133 stock positions worth $490.6 million. Its top holding was Microsoft (MSFT) at 7.0% of the portfolio, followed by Novo-Nordisk A/S-Spons ADR (NVO, 6.0%) and Costco Wholesale (COST, 5.4%). Compared with Q1 2024, it opened 3 new positions, sold out of 12, added to 42 and reduced 50. The biggest buy was Costco Wholesale (COST, shares +2%) and the biggest sale an exit from Nustar Energy (NS).

Most Recent 13F
Q2 2026
Location
Ridgeland, SC
CIK
0001365167
Portfolio Value
$490.6M (Q2 2024)
SEC Filing
0001999371-24-009449 ↗ filed Aug 2, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $474.3M Q1 2024 Q2 2024: $490.6M $490.6M Q2 2024 Q3 2024: $522.9M Q3 2024 Q4 2024: $515.4M Q4 2024 Q1 2025: $528.3M Q1 2025 Q2 2025: $550.7M Q2 2025 Q3 2025: $570.3M Q3 2025 Q4 2025: $523.3M Q4 2025 Q1 2026: $501.3M Q1 2026 Q2 2026: $516.5M Q2 2026

Holdings 133 stocks · $490.6M
MSFT Microsoft Corp. 7.01% 76,912 $34.4M Add +0.7%
NVO Novo-Nordisk A/S-Spons ADR 5.99% 205,819 $29.4M Add +1.4%
COST Costco Wholesale Corp. 5.44% 31,396 $26.7M Add +1.9%
OKE Oneok Inc. 3.40% 204,803 $16.7M Reduce -2.5%
V Visa Inc. Class A 3.14% 58,769 $15.4M Add +6.4%
AMP Ameriprise Financial Inc. 3.08% 35,384 $15.1M Add +2.7%
QCOM Qualcomm Inc. 3.07% 75,678 $15.1M Add +3.1%
ET Energy Transfer LP 2.83% 856,730 $13.9M Reduce -3.2%
EPD Enterprise Products Partners 2.71% 458,660 $13.3M Reduce -3.3%
SAP Sap SE-Sponsored ADR 2.43% 59,085 $11.9M Reduce -4.0%
TXN Texas Instruments Inc. 2.32% 58,536 $11.4M Add +2.4%
NEE Nextera Energy Inc. 2.30% 159,163 $11.3M Add +5.9%
UNH Unitedhealth Group Inc. 2.25% 21,661 $11.0M Reduce -0.6%
JPM JPMorgan Chase & Co. 2.24% 54,375 $11.0M Add +8.7%
CNQ Canadian Natural Resources 2.23% 306,734 $10.9M Add +9.5%
LHX L3HARRIS Technologies Inc. 2.02% 44,135 $9.9M Reduce -1.9%
AMGN Amgen Inc. 1.91% 29,968 $9.4M Add +9.7%
SYK Stryker Corp. 1.87% 26,983 $9.2M Add +18.2%
NKE Nike Inc. Class B 1.78% 116,060 $8.7M Add +1.2%
SHW The Sherwin-Williams Co. 1.76% 28,949 $8.6M Add +5.5%
AIZ Assurant Inc. 1.76% 51,860 $8.6M Add +9.4%
LOW Lowe's Cos Inc. 1.67% 37,132 $8.2M Add +23.8%
UNP Union Pacific Corp. 1.66% 36,015 $8.1M Add +9.0%
AMT American Tower Corp. 1.64% 41,478 $8.1M Add +3.4%
WSM Williams-Sonoma Inc. 1.33% 23,119 $6.5M Add +3.0%
ENB Enbridge Inc. 1.31% 180,118 $6.4M Add +10.1%
ADP Automatic Data Processing 1.23% 25,227 $6.0M Reduce -4.2%
HEI Heico Corp. 1.19% 26,201 $5.9M Add +7.2%
DOX Amdocs Ltd. 1.11% 69,104 $5.5M Add +14.7%
ZTS Zoetis Inc. 1.08% 30,572 $5.3M Add +22.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.07% 47,628 $5.2M Reduce -6.5%
WMB Williams Cos Inc. 1.06% 122,446 $5.2M Reduce -1.9%
CTAS Cintas Corp. 1.02% 7,170 $5.0M Add +5.1%
CHD Church & Dwight Co. Inc. 0.95% 45,113 $4.7M Reduce -9.4%
AAPL Apple Inc. 0.90% 20,992 $4.4M No change
ROP Roper Technologies Inc. 0.86% 7,455 $4.2M Reduce -3.6%
INTU Intuit Inc. 0.77% 5,722 $3.8M Add +35.9%
WMT Walmart Inc. 0.68% 49,379 $3.3M No change
MCD McDonald's Corp. 0.68% 12,997 $3.3M Reduce -9.6%
LMT Lockheed Martin Corp. 0.63% 6,649 $3.1M Reduce -15.5%
MPLX MPLX LP 0.57% 65,506 $2.8M Add +6.2%
CASY Casey's General Stores Inc. 0.55% 7,045 $2.7M Reduce -2.8%
ORCL Oracle Corp. 0.55% 19,036 $2.7M New
STE Steris PLC 0.53% 11,753 $2.6M Reduce -4.0%
XOM Exxon Mobil Corp. 0.51% 21,910 $2.5M Add +1.6%
WDFC WD-40 Co. 0.51% 11,475 $2.5M Add +58.0%
WES Western Midstream Partners L 0.49% 60,428 $2.4M Reduce -0.1%
ECL Ecolab Inc. 0.48% 9,940 $2.4M Reduce -10.6%
HEI.A Heico Corp. Class A 0.43% 11,902 $2.1M Reduce -0.4%
CNI Canadian Natl Railway Co. 0.43% 17,751 $2.1M Reduce -15.2%
CB Chubb Ltd. 0.41% 7,961 $2.0M Add +1.9%
PAA Plains All Amer Pipeline LP 0.38% 104,723 $1.9M Add +131.9%
GOOGL Alphabet Inc. Class A 0.37% 10,080 $1.8M No change
PEP Pepsico Inc. 0.36% 10,835 $1.8M Reduce -6.4%
JNJ Johnson & Johnson 0.36% 12,028 $1.8M Reduce -15.8%
SUN Sunoco LP 0.33% 28,948 $1.6M Add +82.6%
LLY Eli Lilly & Co. 0.32% 1,743 $1.6M No change
RTX RTX Corp. 0.32% 15,398 $1.5M Reduce -2.5%
SNA Snap-on Inc. 0.31% 5,864 $1.5M Reduce -14.2%
ROST Ross Stores Inc. 0.31% 10,459 $1.5M Reduce -9.0%
PG The Procter & Gamble Co. 0.29% 8,602 $1.4M Reduce -17.3%
BALL Ball Corp. 0.29% 23,520 $1.4M No change
PPG PPG Industries Inc. 0.26% 10,155 $1.3M No change
CVX Chevron Corp. 0.26% 8,079 $1.3M No change
EOG EOG Resources Inc. 0.25% 9,856 $1.2M Reduce -1.5%
TRGP Targa Resources Corp. 0.25% 9,631 $1.2M Add +5.3%
CQP Cheniere Energy Partners LP 0.24% 23,482 $1.2M Reduce -26.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.23% 6,389 $1.1M No change
USAC USA Compression Partners LP 0.22% 46,249 $1.1M Add +6.2%
NVDA Nvidia Corp. 0.22% 8,760 $1.1M No change
AMZN Amazon.com Inc. 0.22% 5,541 $1.1M Reduce -3.5%
TFC Truist Financial Corp. 0.22% 27,364 $1.1M No change
ENLC Enlink Midstream LLC 0.21% 73,417 $1.0M Add +0.9%
ITW Illinois Tool Works 0.20% 4,157 $985K Reduce -7.8%
MRK Merck & Co. Inc. 0.20% 7,793 $965K Add +0.0%
HESM Hess Midstream LP Class A 0.20% 26,439 $963K Add +0.6%
BA The Boeing Co. 0.19% 5,136 $935K No change
ADI Analog Devices Inc. 0.19% 4,082 $932K Reduce -16.4%
TFX Teleflex Inc. 0.17% 3,860 $812K No change
GIS General Mills Inc. 0.17% 12,810 $810K No change
MDT Medtronic PLC 0.16% 10,026 $789K Reduce -34.1%
MA Mastercard Inc. Class A 0.15% 1,703 $751K No change
AM Antero Midstream Corp. 0.15% 50,824 $749K Reduce -1.4%
AFL Aflac Inc. 0.14% 7,964 $711K Reduce -14.9%
HRL Hormel Foods Corp. 0.14% 22,620 $690K Reduce -55.9%
LIN Linde PLC 0.13% 1,484 $651K Reduce -20.9%
HD Home Depot Inc. 0.13% 1,864 $642K No change
HDB HDFC Bank Ltd.-ADR 0.13% 9,607 $618K No change
BLK BlackRock Finance Inc. 0.13% 780 $614K Reduce -21.9%
DHT DHT Holdings Inc. 0.12% 52,311 $605K Add +64.7%
BR Broadridge Financial Solutio 0.12% 3,047 $600K No change
KO The Coca-Cola Co. 0.12% 9,287 $591K No change
APO Apollo Global Management Inc. 0.12% 4,865 $574K No change
FDS Factset Research Systems Inc. 0.11% 1,291 $527K No change
SPGI S&P Global Inc. 0.10% 1,148 $512K Reduce -24.0%
META Meta Platforms Inc. Class A 0.10% 974 $491K Add +8.3%
PEG Public Service Enterprise GP 0.10% 6,420 $473K No change
BDX Becton Dickinson and Co. 0.10% 2,006 $469K No change
THG Hanover Insurance Group Inc./ 0.09% 3,667 $460K Reduce -7.6%
MUB iShares National Muni Bond E 0.09% 4,266 $455K No change
UPS United Parcel Service Class B 0.09% 3,321 $454K Reduce -3.6%
GOOG Alphabet Inc. Class C 0.09% 2,420 $444K No change
ETRN Equitrans Midstream Corp. 0.09% 33,708 $438K Reduce -5.8%
ELS Equity Lifestyle Properties 0.09% 6,619 $431K Reduce -1.1%
AMLP Alerian MLP ETF 0.08% 8,635 $414K No change
CSCO Cisco Systems Inc. 0.08% 8,702 $413K No change
PH Parker Hannifin Corp. 0.08% 814 $412K No change
BRK.B Berkshire Hathaway Inc. Class B 0.08% 1,005 $409K Reduce -10.1%
PSX Phillips 66 0.08% 2,868 $405K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.08% 1,512 $377K No change
ABBV Abbvie Inc. 0.07% 2,103 $361K No change
WM Waste Management Inc. 0.07% 1,613 $344K Reduce -2.2%
VIG Vanguard Dividend Apprec ETF 0.07% 1,867 $341K Add +22.2%
MMM 3M Co. 0.07% 3,233 $330K Reduce -0.8%
GEL Genesis Energy L.P. 0.07% 22,598 $323K Reduce -10.0%
VUG Vanguard Mrngstar GR ETF-Sui 0.07% 860 $322K Reduce -17.4%
WELL Welltower Inc. 0.06% 3,000 $313K No change
PFE Pfizer Inc. 0.06% 11,038 $309K Reduce -14.5%
MDY State Street SPDR S&P Midcap 0.06% 571 $306K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.06% 559 $304K No change
COP Conocophillips 0.06% 2,622 $300K Reduce -11.0%
ISRG Intuitive Surgical Inc. 0.06% 668 $297K No change
PM Philip Morris International 0.06% 2,920 $296K Add +1.9%
AVGO Broadcom Inc. 0.06% 172 $276K Add +6.2%
SXI Standex International Corp. 0.06% 1,675 $270K Reduce -10.7%
SCHO Schwab Short-Term US Treas 0.05% 5,500 $265K No change
D Dominion Energy Inc. 0.05% 5,326 $261K No change
WPC WP Carey Inc. 0.05% 4,500 $248K No change
CINF Cincinnati Financial Corp. 0.05% 1,885 $223K Add +0.7%
DKL Delek Logistics Partners LP 0.04% 5,380 $218K No change
KLAC KLA Corp. 0.04% 250 $206K New
IVV iShares Core S&P 500 ETF 0.04% 368 $201K New
VZ Verizon Communications Inc. 0.04% 4,862 $201K Reduce -10.2%

Portfolio Sells Q1 2024 → Q2 2024
NS Nustar Energy LP Sold out 0.00% −0.25
HRL Hormel Foods Corp. Reduce -55.9% 0.14% −0.24
EPD Enterprise Products Partners Reduce -3.3% 2.71% −0.21
MCD McDonald's Corp. Reduce -9.6% 0.68% −0.18
ADP Automatic Data Processing Reduce -4.2% 1.23% −0.16
CNI Canadian Natl Railway Co. Reduce -15.2% 0.43% −0.15
OKE Oneok Inc. Reduce -2.5% 3.40% −0.15
CHD Church & Dwight Co. Inc. Reduce -9.4% 0.95% −0.14
LMT Lockheed Martin Corp. Reduce -15.5% 0.63% −0.12
MDT Medtronic PLC Reduce -34.1% 0.16% −0.12
JNJ Johnson & Johnson Reduce -15.8% 0.36% −0.12
SNA Snap-on Inc. Reduce -14.2% 0.31% −0.11
SAP Sap SE-Sponsored ADR Reduce -4.0% 2.43% −0.10
ET Energy Transfer LP Reduce -3.2% 2.83% −0.10
CQP Cheniere Energy Partners LP Reduce -26.5% 0.24% −0.10
VGT Vanguard Info Tech ETF Sold out 0.00% −0.09
BIL SS SPDR BB 1-3M T-Bill ETF Sold out 0.00% −0.08
PG The Procter & Gamble Co. Reduce -17.3% 0.29% −0.07
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.07
PEP Pepsico Inc. Reduce -6.4% 0.36% −0.06
ECL Ecolab Inc. Reduce -10.6% 0.48% −0.06
ROP Roper Technologies Inc. Reduce -3.6% 0.86% −0.06
XLK SS Technology Select Sector Sold out 0.00% −0.06
ITW Illinois Tool Works Reduce -7.8% 0.20% −0.05
STE Steris PLC Reduce -4.0% 0.53% −0.05
WEC WEC Energy Group Inc. Sold out 0.00% −0.05
LIN Linde PLC Reduce -20.9% 0.13% −0.05
BLK BlackRock Finance Inc. Reduce -21.9% 0.13% −0.05
NSC Norfolk Southern Corp. Sold out 0.00% −0.05
ABT Abbott Laboratories Sold out 0.00% −0.05
GE General Electric Sold out 0.00% −0.05
ROST Ross Stores Inc. Reduce -9.0% 0.31% −0.05
XIFR XPLR Infrastructure LP Sold out 0.00% −0.04
PII Polaris Inc. Sold out 0.00% −0.04
VTV Vanguard Mrngstr Val ETF-Aui Sold out 0.00% −0.04
SPGI S&P Global Inc. Reduce -24.0% 0.10% −0.03
UNH Unitedhealth Group Inc. Reduce -0.6% 2.25% −0.02
AFL Aflac Inc. Reduce -14.9% 0.14% −0.02
TJX TJX Companies Inc. Reduce -6.5% 1.07% −0.02
THG Hanover Insurance Group Inc./ Reduce -7.6% 0.09% −0.02
COP Conocophillips Reduce -11.0% 0.06% −0.02
SXI Standex International Corp. Reduce -10.7% 0.06% −0.02
EOG EOG Resources Inc. Reduce -1.5% 0.25% −0.02
BRK.B Berkshire Hathaway Inc. Class B Reduce -10.1% 0.08% −0.02
UPS United Parcel Service Class B Reduce -3.6% 0.09% −0.02
ADI Analog Devices Inc. Reduce -16.4% 0.19% −0.01
PFE Pfizer Inc. Reduce -14.5% 0.06% −0.01
VUG Vanguard Mrngstar GR ETF-Sui Reduce -17.4% 0.07% −0.01
RTX RTX Corp. Reduce -2.5% 0.32% −0.01
VZ Verizon Communications Inc. Reduce -10.2% 0.04% −0.01

Portfolio Buys Q1 2024 → Q2 2024
COST Costco Wholesale Corp. Add +1.9% 5.44% +0.68
ORCL Oracle Corp. New 0.55% +0.55
NVO Novo-Nordisk A/S-Spons ADR Add +1.4% 5.99% +0.49
QCOM Qualcomm Inc. Add +3.1% 3.07% +0.45
NEE Nextera Energy Inc. Add +5.9% 2.30% +0.27
AMGN Amgen Inc. Add +9.7% 1.91% +0.27
MSFT Microsoft Corp. Add +0.7% 7.01% +0.23
TXN Texas Instruments Inc. Add +2.4% 2.32% +0.22
PAA Plains All Amer Pipeline LP Add +131.9% 0.38% +0.21
HEI Heico Corp. Add +7.2% 1.19% +0.21
INTU Intuit Inc. Add +35.9% 0.77% +0.19
ZTS Zoetis Inc. Add +22.0% 1.08% +0.19
SYK Stryker Corp. Add +18.2% 1.87% +0.15
SUN Sunoco LP Add +82.6% 0.33% +0.13
JPM JPMorgan Chase & Co. Add +8.7% 2.24% +0.13
WDFC WD-40 Co. Add +58.0% 0.51% +0.13
ENB Enbridge Inc. Add +10.1% 1.31% +0.06
LOW Lowe's Cos Inc. Add +23.8% 1.67% +0.06
DHT DHT Holdings Inc. Add +64.7% 0.12% +0.05
KLAC KLA Corp. New 0.04% +0.04
IVV iShares Core S&P 500 ETF New 0.04% +0.04
TRGP Targa Resources Corp. Add +5.3% 0.25% +0.04
CTAS Cintas Corp. Add +5.1% 1.02% +0.04
MPLX MPLX LP Add +6.2% 0.57% +0.03
AVGO Broadcom Inc. Add +6.2% 0.06% +0.01
VIG Vanguard Dividend Apprec ETF Add +22.2% 0.07% +0.01
META Meta Platforms Inc. Class A Add +8.3% 0.10% +0.01
PM Philip Morris International Add +1.9% 0.06% +0.00
ENLC Enlink Midstream LLC Add +0.9% 0.21% −0.00
CINF Cincinnati Financial Corp. Add +0.7% 0.05% −0.00
HESM Hess Midstream LP Class A Add +0.6% 0.20% −0.00
CB Chubb Ltd. Add +1.9% 0.41% −0.01
XOM Exxon Mobil Corp. Add +1.6% 0.51% −0.01
MRK Merck & Co. Inc. Add +0.0% 0.20% −0.02
USAC USA Compression Partners LP Add +6.2% 0.22% −0.02
AMT American Tower Corp. Add +3.4% 1.64% −0.03
CNQ Canadian Natural Resources Add +9.5% 2.23% −0.03
DOX Amdocs Ltd. Add +14.7% 1.11% −0.04
UNP Union Pacific Corp. Add +9.0% 1.66% −0.05
AMP Ameriprise Financial Inc. Add +2.7% 3.08% −0.10
V Visa Inc. Class A Add +6.4% 3.14% −0.11
AIZ Assurant Inc. Add +9.4% 1.76% −0.12
WSM Williams-Sonoma Inc. Add +3.0% 1.33% −0.17
SHW The Sherwin-Williams Co. Add +5.5% 1.76% −0.25
NKE Nike Inc. Class B Add +1.2% 1.78% −0.49

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 137$516.5MMSFT, COST, KLAC, JPM, V
Q1 2026 138$501.3MMSFT, COST, JPM, CNQ, NEE
Q4 2025 138$523.3MMSFT, COST, JPM, V, CNQ
Q3 2025 144$570.3MMSFT, COST, ORCL, JPM, V
Q2 2025 139$550.7MMSFT, COST, V, NVO, JPM
Q1 2025 142$528.3MMSFT, COST, OKE, NVO, V
Q4 2024 136$515.4MMSFT, COST, OKE, V, AMP
Q3 2024 137$522.9MMSFT, COST, NVO, OKE, AMP
Q2 2024 133$490.6MMSFT, NVO, COST, OKE, V
Q1 2024 142$474.3MMSFT, NVO, COST, OKE, V