Dividend Assets Capital, LLC

Name: DIVIDEND ASSETS CAPITAL, LLC 13F holdings, Q1 2025
Creator: DIVIDEND ASSETS CAPITAL, LLC
Published: 2025-04-15

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

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 15, 2025), Dividend Assets Capital, LLC reported 142 stock positions worth $528.3 million. Its top holding was Microsoft (MSFT) at 5.5% of the portfolio, followed by Costco Wholesale (COST, 5.0%) and Oneok (OKE, 3.7%). Compared with Q4 2024, it opened 11 new positions, sold out of 5, added to 41 and reduced 67. The biggest buy was a new position in KLA (KLAC) and the biggest sale Sap SE-Sponsored ADR (SAP, shares −47%).

Most Recent 13F: Q2 2026
Location: Ridgeland, SC
CIK: 0001365167
Portfolio Value: $528.3M (Q1 2025)
SEC Filing: 0001999371-25-004209 ↗ filed Apr 15, 2025

Holdings Value

Holdings 142 stocks · $528.3M


MSFT Microsoft Corp.	5.46%	76,855	$28.9M	Reduce -3.1%
COST Costco Wholesale Corp.	5.04%	28,145	$26.6M	Reduce -9.5%
OKE Oneok Inc.	3.66%	194,846	$19.3M	Reduce -0.6%
NVO Novo-Nordisk A/S-Spons ADR	3.50%	266,187	$18.5M	Add +24.0%
V Visa Inc. Class A	3.46%	52,099	$18.3M	Reduce -12.3%
ET Energy Transfer LP	2.85%	810,962	$15.1M	Reduce -0.4%
AMP Ameriprise Financial Inc.	2.77%	30,251	$14.6M	Reduce -13.2%
EPD Enterprise Products Partners	2.76%	427,159	$14.6M	Reduce -0.3%
JPM JPMorgan Chase & Co.	2.67%	57,439	$14.1M	Reduce -0.6%
UNH Unitedhealth Group Inc.	2.41%	24,338	$12.7M	Add +8.3%
NEE Nextera Energy Inc.	2.37%	176,686	$12.5M	Add +8.3%
CNQ Canadian Natural Resources	2.35%	403,972	$12.4M	Add +32.1%
AMGN Amgen Inc.	2.26%	38,402	$12.0M	Add +19.6%
AIZ Assurant Inc.	2.16%	54,344	$11.4M	Add +1.6%
TXN Texas Instruments Inc.	2.11%	62,152	$11.2M	Reduce -1.4%
ORCL Oracle Corp.	1.94%	73,145	$10.2M	Add +108.1%
UNP Union Pacific Corp.	1.84%	41,164	$9.7M	Add +8.7%
AMT American Tower Corp.	1.83%	44,314	$9.6M	Add +17.5%
SHW The Sherwin-Williams Co.	1.82%	27,588	$9.6M	Reduce -8.2%
LOW Lowe's Cos Inc.	1.82%	41,118	$9.6M	Add +5.8%
ENB Enbridge Inc.	1.73%	206,634	$9.2M	Add +5.5%
HEI Heico Corp.	1.69%	33,398	$8.9M	Add +18.3%
QCOM Qualcomm Inc.	1.66%	57,171	$8.8M	Reduce -33.3%
LHX L3HARRIS Technologies Inc.	1.54%	38,900	$8.1M	Reduce -8.8%
SAP Sap SE-Sponsored ADR	1.40%	27,625	$7.4M	Reduce -47.0%
ZTS Zoetis Inc.	1.36%	43,655	$7.2M	Add +37.2%
WSM Williams-Sonoma Inc.	1.29%	43,081	$6.8M	Reduce -15.5%
DOX Amdocs Ltd.	1.24%	71,548	$6.5M	Add +1.2%
INTU Intuit Inc.	1.23%	10,595	$6.5M	Add +44.5%
WMB Williams Cos Inc.	1.23%	108,524	$6.5M	Reduce -5.4%
CTAS Cintas Corp.	1.19%	30,558	$6.3M	Add +2.9%
SYK Stryker Corp.	1.15%	16,268	$6.1M	Reduce -44.1%
ADP Automatic Data Processing	1.14%	19,670	$6.0M	Reduce -21.8%
KLAC KLA Corp.	1.13%	8,756	$6.0M	New
NKE Nike Inc. Class B	1.11%	92,146	$5.8M	Add +29.9%
AAPL Apple Inc.	0.94%	22,445	$5.0M	Add +6.4%
WDFC WD-40 Co.	0.93%	20,056	$4.9M	Add +43.3%
DPZ Domino's Pizza Inc.	0.89%	10,283	$4.7M	Add +45.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.86%	37,256	$4.5M	Reduce -16.2%
CHD Church & Dwight Co. Inc.	0.80%	38,501	$4.2M	Reduce -10.8%
LMAT Lemaitre Vascular Inc.	0.73%	46,208	$3.9M	New
MPLX MPLX LP	0.73%	72,161	$3.9M	Add +1.0%
WMT Walmart Inc.	0.73%	43,850	$3.8M	Reduce -9.2%
ROP Roper Technologies Inc.	0.72%	6,492	$3.8M	Reduce -6.2%
FIX Comfort Systems USA Inc.	0.70%	11,464	$3.7M	New
AVGO Broadcom Inc.	0.66%	20,876	$3.5M	Add +1113.7%
MCD McDonald's Corp.	0.61%	10,398	$3.2M	Reduce -4.9%
CASY Casey's General Stores Inc.	0.53%	6,416	$2.8M	Reduce -5.8%
WES Western Midstream Partners L	0.50%	64,577	$2.6M	Reduce -1.6%
PAA Plains All Amer Pipeline LP	0.49%	130,382	$2.6M	Reduce -4.5%
XOM Exxon Mobil Corp.	0.49%	21,676	$2.6M	Reduce -0.7%
HEI.A Heico Corp. Class A	0.48%	12,028	$2.5M	Reduce -12.1%
LMT Lockheed Martin Corp.	0.46%	5,412	$2.4M	Reduce -13.6%
STE Steris PLC	0.44%	10,367	$2.3M	Reduce -6.7%
ECL Ecolab Inc.	0.44%	9,126	$2.3M	Reduce -4.7%
CB Chubb Ltd.	0.40%	6,998	$2.1M	Reduce -9.8%
JNJ Johnson & Johnson	0.40%	12,591	$2.1M	Add +2.2%
RTX RTX Corp.	0.35%	13,929	$1.8M	Reduce -8.4%
TRGP Targa Resources Corp.	0.32%	8,453	$1.7M	Add +9.3%
GOOGL Alphabet Inc. Class A	0.30%	10,203	$1.6M	Add +1.1%
SNA Snap-on Inc.	0.30%	4,641	$1.6M	Reduce -17.2%
SUN Sunoco LP	0.28%	25,378	$1.5M	Reduce -12.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.28%	5,895	$1.5M	Reduce -7.8%
HESM Hess Midstream LP Class A	0.28%	34,569	$1.5M	Add +37.6%
CNI Canadian Natl Railway Co.	0.27%	14,792	$1.4M	Reduce -12.3%
PG The Procter & Gamble Co.	0.26%	8,059	$1.4M	Add +6.2%
CVX Chevron Corp.	0.26%	8,177	$1.4M	Reduce -1.6%
BALL Ball Corp.	0.23%	23,520	$1.2M	No change
PEP Pepsico Inc.	0.23%	8,055	$1.2M	Reduce -17.5%
LLY Eli Lilly & Co.	0.22%	1,424	$1.2M	Add +2.1%
AMZN Amazon.com Inc.	0.21%	5,962	$1.1M	Add +7.4%
ROST Ross Stores Inc.	0.21%	8,860	$1.1M	Reduce -12.2%
USAC USA Compression Partners LP	0.21%	41,801	$1.1M	Reduce -8.7%
TFC Truist Financial Corp.	0.21%	27,364	$1.1M	Reduce -0.0%
PPG PPG Industries Inc.	0.21%	10,113	$1.1M	No change
CQP Cheniere Energy Partners LP	0.20%	16,090	$1.1M	Add +4.5%
ITW Illinois Tool Works	0.19%	4,002	$993K	Reduce -1.9%
EOG EOG Resources Inc.	0.18%	7,597	$974K	Reduce -16.5%
MA Mastercard Inc. Class A	0.18%	1,703	$933K	No change
NVDA Nvidia Corp.	0.17%	8,358	$906K	Add +3.5%
BA The Boeing Co.	0.16%	4,932	$841K	No change
KNTK Kinetik Holdings Inc.	0.15%	15,161	$787K	Add +63.2%
AFL Aflac Inc.	0.15%	7,020	$781K	Reduce -11.4%
KO The Coca-Cola Co.	0.14%	10,440	$748K	Add +13.4%
ADI Analog Devices Inc.	0.14%	3,702	$747K	Reduce -6.4%
HD Home Depot Inc.	0.14%	1,984	$727K	Add +2.6%
LIN Linde PLC	0.13%	1,451	$676K	Reduce -1.7%
BLK BlackRock Inc.	0.13%	710	$672K	Reduce -3.7%
APO Apollo Global Management Inc.	0.12%	4,737	$649K	Reduce -8.5%
MRK Merck & Co. Inc.	0.12%	7,074	$635K	Reduce -6.4%
THG Hanover Insurance Group Inc./	0.12%	3,598	$626K	No change
BR Broadridge Financial Solutio	0.12%	2,550	$618K	Reduce -13.2%
LNG Cheniere Energy Inc.	0.11%	2,540	$588K	New
FDS Factset Research Systems Inc.	0.11%	1,285	$584K	No change
HRL Hormel Foods Corp.	0.11%	18,205	$563K	Reduce -14.4%
META Meta Platforms Inc. Class A	0.11%	977	$563K	No change
EQT Eqt Corp.	0.11%	10,423	$557K	Reduce -7.6%
MDT Medtronic PLC	0.11%	6,183	$556K	Reduce -28.3%
DHT DHT Holdings Inc.	0.10%	52,622	$553K	Reduce -23.7%
TSLA Tesla Inc.	0.10%	2,125	$551K	No change
BRK.B Berkshire Hathaway Inc. Class B	0.10%	1,005	$535K	No change
TFX Teleflex Inc.	0.10%	3,860	$533K	No change
PEG Public Service Enterprise GP	0.10%	6,420	$528K	No change
AM Antero Midstream Corp.	0.09%	27,252	$491K	Reduce -46.1%
AMLP Alerian MLP ETF	0.09%	9,411	$489K	Add +10.4%
SPY SS SPDR S&P 500 ETF Trust-US	0.09%	859	$481K	No change
SPGI S&P Global Inc.	0.09%	944	$480K	Reduce -15.6%
GIS General Mills Inc.	0.09%	7,922	$474K	Reduce -31.7%
WELL Welltower Inc.	0.09%	3,000	$460K	No change
PH Parker Hannifin Corp.	0.09%	744	$452K	Reduce -12.9%
MUB iShares National Muni Bond E	0.09%	4,266	$450K	No change
CSCO Cisco Systems Inc.	0.08%	7,251	$447K	Reduce -6.2%
PM Philip Morris International	0.08%	2,762	$438K	Reduce -3.6%
VIG Vanguard Dividend Apprec ETF	0.08%	2,163	$420K	Add +3.0%
BDX Becton Dickinson and Co.	0.08%	1,790	$410K	Reduce -1.8%
GOOG Alphabet Inc. Class C	0.07%	2,522	$394K	Add +4.1%
MMM 3M Co.	0.07%	2,667	$392K	Add +8.1%
ELS Equity Lifestyle Properties	0.07%	5,511	$368K	Reduce -7.3%
VV Vngrd Mrgstr LRG-Cap ETF-Usd	0.07%	1,359	$349K	Reduce -8.7%
GE General Electric filed as GE AEROSPACE	0.07%	1,740	$348K	Add +33.3%
ABBV Abbvie Inc.	0.07%	1,638	$343K	Reduce -0.2%
GEL Genesis Energy L.P.	0.06%	21,700	$340K	Reduce -3.5%
VTI VG Morningstar TS MKT ETF-US	0.06%	1,222	$336K	New
UPS United Parcel Service Class B	0.06%	3,040	$334K	Add +0.5%
PSX Phillips 66	0.06%	2,704	$334K	No change
ISRG Intuitive Surgical Inc.	0.06%	668	$331K	No change
VUG Vanguard Mrngstar GR ETF-Sui	0.06%	860	$319K	No change
HDB HDFC Bank Ltd.-ADR	0.06%	4,645	$309K	No change
MDY State Street SPDR S&P Midcap	0.06%	571	$305K	No change
WM Waste Management Inc.	0.06%	1,269	$294K	Reduce -18.5%
WPC WP Carey Inc.	0.05%	4,500	$284K	No change
CINF Cincinnati Financial Corp.	0.05%	1,888	$279K	Add +0.5%
MINT PIMCO Enhanced Short Maturit	0.05%	2,727	$274K	New
D Dominion Energy Inc.	0.05%	4,842	$271K	No change
COP Conocophillips	0.05%	2,584	$271K	Reduce -0.9%
JPST JPMorgan Ultra-Short Income	0.05%	5,298	$268K	New
SXI Standex International Corp.	0.05%	1,661	$268K	No change
DKL Delek Logistics Partners LP	0.04%	5,139	$222K	No change
WEC WEC Energy Group Inc.	0.04%	1,997	$218K	New
SHV iShares 0-1 Year Treasury Bo	0.04%	1,957	$216K	New
GSY Invesco Ultra Short Duration	0.04%	4,232	$212K	New
TLT iShares 20+ Year Treasury BD	0.04%	2,319	$211K	New

Portfolio Sells Q4 2024 → Q1 2025


SAP Sap SE-Sponsored ADR	Reduce -47.0%	1.40%	−1.09
MSFT Microsoft Corp.	Reduce -3.1%	5.46%	−1.03
QCOM Qualcomm Inc.	Reduce -33.3%	1.66%	−0.89
SYK Stryker Corp.	Reduce -44.1%	1.15%	−0.89
AMP Ameriprise Financial Inc.	Reduce -13.2%	2.77%	−0.83
WSM Williams-Sonoma Inc.	Reduce -15.5%	1.29%	−0.54
COST Costco Wholesale Corp.	Reduce -9.5%	5.04%	−0.49
ADP Automatic Data Processing	Reduce -21.8%	1.14%	−0.29
ET Energy Transfer LP	Reduce -0.4%	2.85%	−0.24
LHX L3HARRIS Technologies Inc.	Reduce -8.8%	1.54%	−0.20
ENLC Enlink Midstream LLC	Sold out	0.00%	−0.19
V Visa Inc. Class A	Reduce -12.3%	3.46%	−0.19
TJX TJX Companies Inc.	Reduce -16.2%	0.86%	−0.18
TXN Texas Instruments Inc.	Reduce -1.4%	2.11%	−0.18
OKE Oneok Inc.	Reduce -0.6%	3.66%	−0.16
SHW The Sherwin-Williams Co.	Reduce -8.2%	1.82%	−0.16
LMT Lockheed Martin Corp.	Reduce -13.6%	0.46%	−0.13
WMT Walmart Inc.	Reduce -9.2%	0.73%	−0.12
ROST Ross Stores Inc.	Reduce -12.2%	0.21%	−0.08
CHD Church & Dwight Co. Inc.	Reduce -10.8%	0.80%	−0.08
SNA Snap-on Inc.	Reduce -17.2%	0.30%	−0.07
PEP Pepsico Inc.	Reduce -17.5%	0.23%	−0.06
CNI Canadian Natl Railway Co.	Reduce -12.3%	0.27%	−0.06
PFE Pfizer Inc.	Sold out	0.00%	−0.06
AM Antero Midstream Corp.	Reduce -46.1%	0.09%	−0.06
GIS General Mills Inc.	Reduce -31.7%	0.09%	−0.05
NTRS Northern Trust Corp.	Sold out	0.00%	−0.05
APO Apollo Global Management Inc.	Reduce -8.5%	0.12%	−0.04
SCHB Schwab US Broad Market ETF	Sold out	0.00%	−0.04
BMY Bristol-Myers Squibb Co.	Sold out	0.00%	−0.04
EOG EOG Resources Inc.	Reduce -16.5%	0.18%	−0.03
MDT Medtronic PLC	Reduce -28.3%	0.11%	−0.03
MRK Merck & Co. Inc.	Reduce -6.4%	0.12%	−0.03
HRL Hormel Foods Corp.	Reduce -14.4%	0.11%	−0.02
ADI Analog Devices Inc.	Reduce -6.4%	0.14%	−0.02
JPM JPMorgan Chase & Co.	Reduce -0.6%	2.67%	−0.02
PH Parker Hannifin Corp.	Reduce -12.9%	0.09%	−0.02
DHT DHT Holdings Inc.	Reduce -23.7%	0.10%	−0.02
BLK BlackRock Inc.	Reduce -3.7%	0.13%	−0.02
SPGI S&P Global Inc.	Reduce -15.6%	0.09%	−0.02
TFC Truist Financial Corp.	Reduce -0.0%	0.21%	−0.02
CB Chubb Ltd.	Reduce -9.8%	0.40%	−0.02
HEI.A Heico Corp. Class A	Reduce -12.1%	0.48%	−0.01
ITW Illinois Tool Works	Reduce -1.9%	0.19%	−0.01
BR Broadridge Financial Solutio	Reduce -13.2%	0.12%	−0.01
VV Vngrd Mrgstr LRG-Cap ETF-Usd	Reduce -8.7%	0.07%	−0.01
AFL Aflac Inc.	Reduce -11.4%	0.15%	−0.01
SUN Sunoco LP	Reduce -12.3%	0.28%	−0.01
ELS Equity Lifestyle Properties	Reduce -7.3%	0.07%	−0.01
WM Waste Management Inc.	Reduce -18.5%	0.06%	−0.01

Portfolio Buys Q4 2024 → Q1 2025


KLAC KLA Corp.	New	1.13%	+1.13
ORCL Oracle Corp.	Add +108.1%	1.94%	+0.80
LMAT Lemaitre Vascular Inc.	New	0.73%	+0.73
FIX Comfort Systems USA Inc.	New	0.70%	+0.70
AMGN Amgen Inc.	Add +19.6%	2.26%	+0.64
AVGO Broadcom Inc.	Add +1113.7%	0.66%	+0.58
CNQ Canadian Natural Resources	Add +32.1%	2.35%	+0.52
AMT American Tower Corp.	Add +17.5%	1.83%	+0.48
HEI Heico Corp.	Add +18.3%	1.69%	+0.39
ZTS Zoetis Inc.	Add +37.2%	1.36%	+0.35
INTU Intuit Inc.	Add +44.5%	1.23%	+0.34
DPZ Domino's Pizza Inc.	Add +45.8%	0.89%	+0.32
WDFC WD-40 Co.	Add +43.3%	0.93%	+0.27
UNH Unitedhealth Group Inc.	Add +8.3%	2.41%	+0.21
UNP Union Pacific Corp.	Add +8.7%	1.84%	+0.16
CTAS Cintas Corp.	Add +2.9%	1.19%	+0.14
ENB Enbridge Inc.	Add +5.5%	1.73%	+0.12
LNG Cheniere Energy Inc.	New	0.11%	+0.11
NEE Nextera Energy Inc.	Add +8.3%	2.37%	+0.10
HESM Hess Midstream LP Class A	Add +37.6%	0.28%	+0.10
DOX Amdocs Ltd.	Add +1.2%	1.24%	+0.07
MPLX MPLX LP	Add +1.0%	0.73%	+0.07
NKE Nike Inc. Class B	Add +29.9%	1.11%	+0.07
VTI VG Morningstar TS MKT ETF-US	New	0.06%	+0.06
TRGP Targa Resources Corp.	Add +9.3%	0.32%	+0.05
MINT PIMCO Enhanced Short Maturit	New	0.05%	+0.05
JPST JPMorgan Ultra-Short Income	New	0.05%	+0.05
JNJ Johnson & Johnson	Add +2.2%	0.40%	+0.05
KNTK Kinetik Holdings Inc.	Add +63.2%	0.15%	+0.05
CQP Cheniere Energy Partners LP	Add +4.5%	0.20%	+0.04
WEC WEC Energy Group Inc.	New	0.04%	+0.04
SHV iShares 0-1 Year Treasury Bo	New	0.04%	+0.04
GSY Invesco Ultra Short Duration	New	0.04%	+0.04
TLT iShares 20+ Year Treasury BD	New	0.04%	+0.04
KO The Coca-Cola Co.	Add +13.4%	0.14%	+0.03
GE General Electric	Add +33.3%	0.07%	+0.02
LLY Eli Lilly & Co.	Add +2.1%	0.22%	+0.01
PG The Procter & Gamble Co.	Add +6.2%	0.26%	+0.01
AMLP Alerian MLP ETF	Add +10.4%	0.09%	+0.01
MMM 3M Co.	Add +8.1%	0.07%	+0.01
CINF Cincinnati Financial Corp.	Add +0.5%	0.05%	+0.00
VIG Vanguard Dividend Apprec ETF	Add +3.0%	0.08%	−0.00
HD Home Depot Inc.	Add +2.6%	0.14%	−0.01
UPS United Parcel Service Class B	Add +0.5%	0.06%	−0.01
GOOG Alphabet Inc. Class C	Add +4.1%	0.07%	−0.01
AMZN Amazon.com Inc.	Add +7.4%	0.21%	−0.02
NVDA Nvidia Corp.	Add +3.5%	0.17%	−0.04
LOW Lowe's Cos Inc.	Add +5.8%	1.82%	−0.05
AIZ Assurant Inc.	Add +1.6%	2.16%	−0.05
GOOGL Alphabet Inc. Class A	Add +1.1%	0.30%	−0.07

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	137	$516.5M	MSFT, COST, KLAC, JPM, V
Q1 2026	138	$501.3M	MSFT, COST, JPM, CNQ, NEE
Q4 2025	138	$523.3M	MSFT, COST, JPM, V, CNQ
Q3 2025	144	$570.3M	MSFT, COST, ORCL, JPM, V
Q2 2025	139	$550.7M	MSFT, COST, V, NVO, JPM
Q1 2025	142	$528.3M	MSFT, COST, OKE, NVO, V
Q4 2024	136	$515.4M	MSFT, COST, OKE, V, AMP
Q3 2024	137	$522.9M	MSFT, COST, NVO, OKE, AMP
Q2 2024	133	$490.6M	MSFT, NVO, COST, OKE, V
Q1 2024	142	$474.3M	MSFT, NVO, COST, OKE, V