Dividend Assets Capital, LLC

Name: DIVIDEND ASSETS CAPITAL, LLC 13F holdings, Q2 2025
Creator: DIVIDEND ASSETS CAPITAL, LLC
Published: 2025-08-14

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

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Dividend Assets Capital, LLC reported 139 stock positions worth $550.7 million. Its top holding was Microsoft (MSFT) at 6.7% of the portfolio, followed by Costco Wholesale (COST, 5.0%) and Visa Class A (V, 3.3%). Compared with Q1 2025, it opened 3 new positions, sold out of 6, added to 47 and reduced 62. The biggest buy was Oracle (ORCL, shares +2%) and the biggest sale Ameriprise Financial (AMP, shares −30%).

Most Recent 13F: Q2 2026
Location: Ridgeland, SC
CIK: 0001365167
Portfolio Value: $550.7M (Q2 2025)
SEC Filing: 0001999371-25-011341 ↗ filed Aug 14, 2025

Holdings Value

Holdings 139 stocks · $550.7M


MSFT Microsoft Corp.	6.70%	74,130	$36.9M	Reduce -3.5%
COST Costco Wholesale Corp.	4.99%	27,777	$27.5M	Reduce -1.3%
V Visa Inc. Class A	3.32%	51,453	$18.3M	Reduce -1.2%
NVO Novo-Nordisk A/S-Spons ADR	3.29%	262,362	$18.1M	Reduce -1.4%
JPM JPMorgan Chase & Co.	3.03%	57,578	$16.7M	Add +0.2%
ORCL Oracle Corp.	2.98%	74,952	$16.4M	Add +2.5%
OKE Oneok Inc.	2.91%	195,978	$16.0M	Add +0.6%
ET Energy Transfer LP	2.70%	820,742	$14.9M	Add +1.2%
CNQ Canadian Natural Resources	2.42%	424,696	$13.3M	Add +5.1%
TXN Texas Instruments Inc.	2.34%	62,148	$12.9M	Reduce -0.0%
NEE Nextera Energy Inc.	2.29%	181,537	$12.6M	Add +2.8%
AMGN Amgen Inc.	2.20%	43,445	$12.1M	Add +13.1%
EPD Enterprise Products Partners	2.20%	390,883	$12.1M	Reduce -8.5%
AMP Ameriprise Financial Inc.	2.05%	21,140	$11.3M	Reduce -30.1%
LHX L3HARRIS Technologies Inc.	2.00%	43,843	$11.0M	Add +12.7%
AIZ Assurant Inc.	1.96%	54,664	$10.8M	Add +0.6%
HEI Heico Corp.	1.91%	32,020	$10.5M	Reduce -4.1%
AMT American Tower Corp.	1.76%	43,782	$9.7M	Reduce -1.2%
LOW Lowe's Cos Inc.	1.73%	43,012	$9.5M	Add +4.6%
ENB Enbridge Inc.	1.73%	210,325	$9.5M	Add +1.8%
SHW The Sherwin-Williams Co.	1.70%	27,336	$9.4M	Reduce -0.9%
UNH Unitedhealth Group Inc.	1.67%	29,563	$9.2M	Add +21.5%
UNP Union Pacific Corp.	1.56%	37,379	$8.6M	Reduce -9.2%
KLAC KLA Corp.	1.56%	9,574	$8.6M	Add +9.3%
INTU Intuit Inc.	1.44%	10,060	$7.9M	Reduce -5.0%
SAP Sap SE-Sponsored ADR	1.39%	25,187	$7.7M	Reduce -8.8%
WSM Williams-Sonoma Inc.	1.37%	46,073	$7.5M	Add +7.0%
AVGO Broadcom Inc.	1.37%	27,278	$7.5M	Add +30.7%
ZTS Zoetis Inc.	1.31%	46,393	$7.2M	Add +6.3%
WMB Williams Cos Inc.	1.29%	113,206	$7.1M	Add +4.3%
CTAS Cintas Corp.	1.22%	30,195	$6.7M	Reduce -1.2%
DOX Amdocs Ltd.	1.19%	71,537	$6.5M	Reduce -0.0%
NKE Nike Inc. Class B	1.15%	88,842	$6.3M	Reduce -3.6%
QCOM Qualcomm Inc.	1.10%	38,126	$6.1M	Reduce -33.3%
ADP Automatic Data Processing	1.09%	19,504	$6.0M	Reduce -0.8%
SYK Stryker Corp.	1.06%	14,808	$5.9M	Reduce -9.0%
FIX Comfort Systems USA Inc.	1.00%	10,261	$5.5M	Reduce -10.5%
DPZ Domino's Pizza Inc.	0.89%	10,936	$4.9M	Add +6.3%
AAPL Apple Inc.	0.84%	22,438	$4.6M	Reduce -0.0%
WDFC WD-40 Co.	0.83%	20,081	$4.6M	Add +0.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.83%	37,013	$4.6M	Reduce -0.7%
LMAT Lemaitre Vascular Inc.	0.82%	54,661	$4.5M	Add +18.3%
WMT Walmart Inc.	0.78%	43,934	$4.3M	Add +0.2%
GS Goldman Sachs Group Inc.	0.66%	5,134	$3.6M	New
ROP Roper Technologies Inc.	0.65%	6,332	$3.6M	Reduce -2.5%
MPLX MPLX LP	0.65%	69,199	$3.6M	Reduce -4.1%
CHD Church & Dwight Co. Inc.	0.64%	36,776	$3.5M	Reduce -4.5%
CASY Casey's General Stores Inc.	0.59%	6,357	$3.2M	Reduce -0.9%
HEI.A Heico Corp. Class A	0.55%	11,728	$3.0M	Reduce -2.5%
MCD McDonald's Corp.	0.54%	10,083	$2.9M	Reduce -3.0%
PAA Plains All Amer Pipeline LP	0.47%	142,785	$2.6M	Add +9.5%
WES Western Midstream Partners L	0.45%	64,609	$2.5M	Add +0.1%
STE Steris PLC	0.45%	10,327	$2.5M	Reduce -0.4%
ECL Ecolab Inc.	0.45%	9,156	$2.5M	Add +0.3%
LMT Lockheed Martin Corp.	0.43%	5,127	$2.4M	Reduce -5.3%
XOM Exxon Mobil Corp.	0.42%	21,618	$2.3M	Reduce -0.3%
CB Chubb Ltd.	0.36%	6,823	$2.0M	Reduce -2.5%
RTX RTX Corp.	0.36%	13,463	$2.0M	Reduce -3.4%
JNJ Johnson & Johnson	0.35%	12,588	$1.9M	Reduce -0.0%
GOOGL Alphabet Inc. Class A	0.34%	10,604	$1.9M	Add +3.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.32%	5,917	$1.7M	Add +0.4%
TRGP Targa Resources Corp.	0.31%	9,961	$1.7M	Add +17.8%
CNI Canadian Natl Railway Co.	0.27%	14,082	$1.5M	Reduce -4.8%
AMZN Amazon.com Inc.	0.25%	6,362	$1.4M	Add +6.7%
SNA Snap-on Inc.	0.25%	4,457	$1.4M	Reduce -4.0%
NVDA Nvidia Corp.	0.24%	8,358	$1.3M	No change
BALL Ball Corp.	0.24%	23,520	$1.3M	No change
HESM Hess Midstream LP Class A	0.23%	33,605	$1.3M	Reduce -2.8%
PG The Procter & Gamble Co.	0.22%	7,704	$1.2M	Reduce -4.4%
SUN Sunoco LP	0.21%	21,978	$1.2M	Reduce -13.4%
TFC Truist Financial Corp.	0.21%	27,364	$1.2M	No change
PPG PPG Industries Inc.	0.21%	10,062	$1.1M	Reduce -0.5%
LLY Eli Lilly & Co.	0.20%	1,424	$1.1M	No change
ROST Ross Stores Inc.	0.20%	8,550	$1.1M	Reduce -3.5%
CVX Chevron Corp.	0.20%	7,553	$1.1M	Reduce -7.6%
LNG Cheniere Energy Inc.	0.19%	4,382	$1.1M	Add +72.5%
USAC USA Compression Partners LP	0.19%	42,854	$1.0M	Add +2.5%
PEP Pepsico Inc.	0.18%	7,704	$1.0M	Reduce -4.4%
BA The Boeing Co.	0.18%	4,833	$1.0M	Reduce -2.0%
MA Mastercard Inc. Class A	0.17%	1,703	$957K	No change
ITW Illinois Tool Works	0.17%	3,852	$952K	Reduce -3.8%
EOG EOG Resources Inc.	0.16%	7,397	$885K	Reduce -2.6%
ADI Analog Devices Inc.	0.16%	3,711	$883K	Add +0.2%
CQP Cheniere Energy Partners LP	0.16%	15,390	$863K	Reduce -4.3%
META Meta Platforms Inc. Class A	0.14%	1,078	$795K	Add +10.3%
KO The Coca-Cola Co.	0.14%	10,837	$767K	Add +3.8%
AFL Aflac Inc.	0.13%	7,020	$740K	No change
BLK BlackRock Inc.	0.13%	695	$729K	Reduce -2.1%
HD Home Depot Inc.	0.13%	1,984	$727K	No change
TSLA Tesla Inc.	0.13%	2,210	$702K	Add +4.0%
KNTK Kinetik Holdings Inc.	0.13%	15,659	$690K	Add +3.3%
LIN Linde PLC	0.12%	1,451	$681K	No change
BR Broadridge Financial Solutio	0.11%	2,550	$620K	No change
THG Hanover Insurance Group Inc./	0.11%	3,610	$613K	Add +0.3%
EQT Eqt Corp.	0.11%	10,423	$608K	No change
APO Apollo Global Management Inc.	0.11%	4,080	$579K	Reduce -13.9%
FDS Factset Research Systems Inc.	0.10%	1,285	$575K	No change
MRK Merck & Co. Inc.	0.10%	7,096	$562K	Add +0.3%
BRK.B Berkshire Hathaway Inc. Class B	0.10%	1,155	$561K	Add +14.9%
PEG Public Service Enterprise GP	0.10%	6,420	$540K	No change
HRL Hormel Foods Corp.	0.10%	17,605	$533K	Reduce -3.3%
PH Parker Hannifin Corp.	0.09%	744	$520K	No change
DHT DHT Holdings Inc.	0.09%	48,036	$519K	Reduce -8.7%
CSCO Cisco Systems Inc.	0.09%	7,405	$514K	Add +2.1%
VIG Vanguard Dividend Apprec ETF	0.09%	2,490	$510K	Add +15.1%
PM Philip Morris International	0.09%	2,762	$503K	No change
SPGI S&P Global Inc.	0.09%	946	$499K	Add +0.2%
GOOG Alphabet Inc. Class C	0.09%	2,724	$483K	Add +8.0%
SPY SS SPDR S&P 500 ETF Trust-US	0.09%	774	$478K	Reduce -9.9%
WELL Welltower Inc.	0.08%	3,000	$461K	No change
TFX Teleflex Inc.	0.08%	3,860	$457K	No change
MUB iShares National Muni Bond E	0.08%	4,362	$456K	Add +2.3%
MDT Medtronic PLC	0.08%	5,212	$454K	Reduce -15.7%
AM Antero Midstream Corp.	0.08%	23,347	$442K	Reduce -14.3%
GIS General Mills Inc.	0.07%	7,922	$410K	No change
AMLP Alerian MLP ETF	0.07%	8,309	$406K	Reduce -11.7%
VV Vngrd Mrgstr LRG-Cap ETF-Usd	0.07%	1,366	$390K	Add +0.5%
VUG Vanguard Mrngstar GR ETF-Sui	0.07%	878	$385K	Add +2.1%
MMM 3M Co.	0.07%	2,448	$373K	Reduce -8.2%
GEL Genesis Energy L.P.	0.07%	21,400	$369K	Reduce -1.4%
ISRG Intuitive Surgical Inc.	0.07%	668	$363K	No change
HDB HDFC Bank Ltd.-ADR	0.06%	4,645	$356K	No change
ELS Equity Lifestyle Properties	0.06%	5,381	$332K	Reduce -2.4%
PSX Phillips 66	0.06%	2,704	$323K	No change
UPS United Parcel Service Class B	0.06%	3,118	$315K	Add +2.6%
ABBV Abbvie Inc.	0.06%	1,638	$304K	No change
BDX Becton Dickinson and Co.	0.05%	1,740	$300K	Reduce -2.8%
CINF Cincinnati Financial Corp.	0.05%	1,901	$283K	Add +0.7%
WPC WP Carey Inc.	0.05%	4,500	$281K	No change
WM Waste Management Inc.	0.05%	1,204	$275K	Reduce -5.1%
D Dominion Energy Inc.	0.05%	4,842	$274K	No change
SXI Standex International Corp.	0.05%	1,661	$260K	No change
COP Conocophillips	0.04%	2,584	$232K	No change
GE General Electric filed as GE AEROSPACE	0.04%	897	$231K	Reduce -48.5%
DKL Delek Logistics Partners LP	0.04%	5,139	$221K	No change
MS Morgan Stanley	0.04%	1,531	$216K	New
SCHB Schwab US Broad Market ETF	0.04%	9,000	$214K	New
GSY Invesco Ultra Short Duration	0.04%	4,232	$212K	No change
WEC WEC Energy Group Inc.	0.04%	1,954	$204K	Reduce -2.1%

Portfolio Sells Q1 2025 → Q2 2025


AMP Ameriprise Financial Inc.	Reduce -30.1%	2.05%	−0.72
QCOM Qualcomm Inc.	Reduce -33.3%	1.10%	−0.56
EPD Enterprise Products Partners	Reduce -8.5%	2.20%	−0.56
UNP Union Pacific Corp.	Reduce -9.2%	1.56%	−0.28
NVO Novo-Nordisk A/S-Spons ADR	Reduce -1.4%	3.29%	−0.21
CHD Church & Dwight Co. Inc.	Reduce -4.5%	0.64%	−0.16
V Visa Inc. Class A	Reduce -1.2%	3.32%	−0.14
SHW The Sherwin-Williams Co.	Reduce -0.9%	1.70%	−0.12
AAPL Apple Inc.	Reduce -0.0%	0.84%	−0.11
MPLX MPLX LP	Reduce -4.1%	0.65%	−0.08
SYK Stryker Corp.	Reduce -9.0%	1.06%	−0.08
MCD McDonald's Corp.	Reduce -3.0%	0.54%	−0.08
ROP Roper Technologies Inc.	Reduce -2.5%	0.65%	−0.07
AMT American Tower Corp.	Reduce -1.2%	1.76%	−0.07
SUN Sunoco LP	Reduce -13.4%	0.21%	−0.07
XOM Exxon Mobil Corp.	Reduce -0.3%	0.42%	−0.06
VTI VG Morningstar TS MKT ETF-US	Sold out	0.00%	−0.06
CVX Chevron Corp.	Reduce -7.6%	0.20%	−0.06
MDY State Street SPDR S&P Midcap	Sold out	0.00%	−0.06
DOX Amdocs Ltd.	Reduce -0.0%	1.19%	−0.05
MINT PIMCO Enhanced Short Maturit	Sold out	0.00%	−0.05
JPST JPMorgan Ultra-Short Income	Sold out	0.00%	−0.05
JNJ Johnson & Johnson	Reduce -0.0%	0.35%	−0.05
ADP Automatic Data Processing	Reduce -0.8%	1.09%	−0.05
COST Costco Wholesale Corp.	Reduce -1.3%	4.99%	−0.04
CQP Cheniere Energy Partners LP	Reduce -4.3%	0.16%	−0.04
SNA Snap-on Inc.	Reduce -4.0%	0.25%	−0.04
PEP Pepsico Inc.	Reduce -4.4%	0.18%	−0.04
HESM Hess Midstream LP Class A	Reduce -2.8%	0.23%	−0.04
CB Chubb Ltd.	Reduce -2.5%	0.36%	−0.04
SHV iShares 0-1 Year Treasury Bo	Sold out	0.00%	−0.04
TLT iShares 20+ Year Treasury BD	Sold out	0.00%	−0.04
PG The Procter & Gamble Co.	Reduce -4.4%	0.22%	−0.04
TJX TJX Companies Inc.	Reduce -0.7%	0.83%	−0.03
LMT Lockheed Martin Corp.	Reduce -5.3%	0.43%	−0.03
GE General Electric	Reduce -48.5%	0.04%	−0.02
EOG EOG Resources Inc.	Reduce -2.6%	0.16%	−0.02
BDX Becton Dickinson and Co.	Reduce -2.8%	0.05%	−0.02
MDT Medtronic PLC	Reduce -15.7%	0.08%	−0.02
AMLP Alerian MLP ETF	Reduce -11.7%	0.07%	−0.02
APO Apollo Global Management Inc.	Reduce -13.9%	0.11%	−0.02
ROST Ross Stores Inc.	Reduce -3.5%	0.20%	−0.02
ITW Illinois Tool Works	Reduce -3.8%	0.17%	−0.01
SAP Sap SE-Sponsored ADR	Reduce -8.8%	1.39%	−0.01
AM Antero Midstream Corp.	Reduce -14.3%	0.08%	−0.01
DHT DHT Holdings Inc.	Reduce -8.7%	0.09%	−0.01
HRL Hormel Foods Corp.	Reduce -3.3%	0.10%	−0.01
ELS Equity Lifestyle Properties	Reduce -2.4%	0.06%	−0.01
CNI Canadian Natl Railway Co.	Reduce -4.8%	0.27%	−0.01
MMM 3M Co.	Reduce -8.2%	0.07%	−0.01

Portfolio Buys Q1 2025 → Q2 2025


ORCL Oracle Corp.	Add +2.5%	2.98%	+1.04
AVGO Broadcom Inc.	Add +30.7%	1.37%	+0.70
GS Goldman Sachs Group Inc.	New	0.66%	+0.66
LHX L3HARRIS Technologies Inc.	Add +12.7%	2.00%	+0.46
KLAC KLA Corp.	Add +9.3%	1.56%	+0.43
JPM JPMorgan Chase & Co.	Add +0.2%	3.03%	+0.36
LMAT Lemaitre Vascular Inc.	Add +18.3%	0.82%	+0.09
LNG Cheniere Energy Inc.	Add +72.5%	0.19%	+0.08
WSM Williams-Sonoma Inc.	Add +7.0%	1.37%	+0.08
CNQ Canadian Natural Resources	Add +5.1%	2.42%	+0.07
WMB Williams Cos Inc.	Add +4.3%	1.29%	+0.06
WMT Walmart Inc.	Add +0.2%	0.78%	+0.05
GOOGL Alphabet Inc. Class A	Add +3.9%	0.34%	+0.04
IBM Intl Business Machines Corp.	Add +0.4%	0.32%	+0.04
MS Morgan Stanley	New	0.04%	+0.04
SCHB Schwab US Broad Market ETF	New	0.04%	+0.04
AMZN Amazon.com Inc.	Add +6.7%	0.25%	+0.04
META Meta Platforms Inc. Class A	Add +10.3%	0.14%	+0.04
TSLA Tesla Inc.	Add +4.0%	0.13%	+0.02
ADI Analog Devices Inc.	Add +0.2%	0.16%	+0.02
GOOG Alphabet Inc. Class C	Add +8.0%	0.09%	+0.01
VIG Vanguard Dividend Apprec ETF	Add +15.1%	0.09%	+0.01
ECL Ecolab Inc.	Add +0.3%	0.45%	+0.01
VUG Vanguard Mrngstar GR ETF-Sui	Add +2.1%	0.07%	+0.01
CSCO Cisco Systems Inc.	Add +2.1%	0.09%	+0.01
VV Vngrd Mrgstr LRG-Cap ETF-Usd	Add +0.5%	0.07%	+0.00
DPZ Domino's Pizza Inc.	Add +6.3%	0.89%	+0.00
BRK.B Berkshire Hathaway Inc. Class B	Add +14.9%	0.10%	+0.00
SPGI S&P Global Inc.	Add +0.2%	0.09%	−0.00
CINF Cincinnati Financial Corp.	Add +0.7%	0.05%	−0.00
ENB Enbridge Inc.	Add +1.8%	1.73%	−0.00
KO The Coca-Cola Co.	Add +3.8%	0.14%	−0.00
MUB iShares National Muni Bond E	Add +2.3%	0.08%	−0.00
TRGP Targa Resources Corp.	Add +17.8%	0.31%	−0.01
UPS United Parcel Service Class B	Add +2.6%	0.06%	−0.01
THG Hanover Insurance Group Inc./	Add +0.3%	0.11%	−0.01
MRK Merck & Co. Inc.	Add +0.3%	0.10%	−0.02
PAA Plains All Amer Pipeline LP	Add +9.5%	0.47%	−0.02
KNTK Kinetik Holdings Inc.	Add +3.3%	0.13%	−0.02
USAC USA Compression Partners LP	Add +2.5%	0.19%	−0.02
WES Western Midstream Partners L	Add +0.1%	0.45%	−0.05
ZTS Zoetis Inc.	Add +6.3%	1.31%	−0.05
AMGN Amgen Inc.	Add +13.1%	2.20%	−0.06
LOW Lowe's Cos Inc.	Add +4.6%	1.73%	−0.08
NEE Nextera Energy Inc.	Add +2.8%	2.29%	−0.08
WDFC WD-40 Co.	Add +0.1%	0.83%	−0.09
ET Energy Transfer LP	Add +1.2%	2.70%	−0.15
AIZ Assurant Inc.	Add +0.6%	1.96%	−0.20
UNH Unitedhealth Group Inc.	Add +21.5%	1.67%	−0.74
OKE Oneok Inc.	Add +0.6%	2.91%	−0.75

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