Donaldson Capital Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 29, 2024), Donaldson Capital Management, LLC reported 214 stock positions worth $2.6 billion. Its top holding was Apple (AAPL) at 5.0% of the portfolio, followed by Broadcom (AVGO, 4.5%) and Microsoft (MSFT, 4.5%). Compared with Q2 2024, it opened 11 new positions, sold out of 6, added to 94 and reduced 91. The biggest buy was McDonald's (MCD, shares +1322%) and the biggest sale Cisco Systems (CSCO, shares −87%).
- Most Recent 13F
- Q2 2026
- Location
- EVANSVILLE, IN
- CIK
- 0001487438
- Portfolio Value
- $2.6B (Q3 2024)
- SEC Filing
- 0001487438-24-000005 ↗ filed Oct 29, 2024
Holdings Value
Holdings 214 stocks · $2.6B
| AAPL Apple Inc. | 4.97% | 555,463 | $129.4M | Add +0.9% |
| AVGO Broadcom Inc. | 4.55% | 686,007 | $118.3M | Add +0.9% |
| MSFT Microsoft Corp. | 4.54% | 274,500 | $118.1M | Add +1.2% |
| ICSH iShares Ultra Short Duration | 4.29% | 2,201,671 | $111.7M | Add +10.6% |
| ABBV Abbvie Inc. | 3.56% | 468,612 | $92.5M | Add +0.8% |
| ACN Accenture PLC Class A | 3.36% | 247,565 | $87.5M | Add +1.3% |
| HD Home Depot Inc. | 3.03% | 194,624 | $78.9M | Add +0.8% |
| COST Costco Wholesale Corp. | 2.93% | 86,105 | $76.3M | Reduce -18.0% |
| LMT Lockheed Martin Corp. | 2.81% | 125,271 | $73.2M | Add +1.3% |
| XOM Exxon Mobil Corp. | 2.76% | 612,132 | $71.8M | Add +1.5% |
| JPM JPMorgan Chase & Co. | 2.75% | 339,481 | $71.6M | Add +1.0% |
| SOXX iShares Semiconductor ETF | 2.68% | 301,936 | $69.6M | Add +21.2% |
| TXN Texas Instruments Inc. | 2.57% | 324,048 | $66.9M | Add +1.3% |
| UNH Unitedhealth Group Inc. | 2.40% | 106,885 | $62.5M | Add +2.9% |
| ALL Allstate Corp. | 2.28% | 312,837 | $59.3M | Reduce -19.6% |
| MCD McDonald's Corp. | 2.27% | 194,179 | $59.1M | Add +1321.5% |
| NEE Nextera Energy Inc. | 2.23% | 685,721 | $58.0M | Add +1.1% |
| PAYX Paychex Inc. | 2.15% | 417,276 | $56.0M | Add +1.2% |
| JNJ Johnson & Johnson | 2.14% | 343,944 | $55.7M | Add +2.1% |
| MRK Merck & Co. Inc. | 2.07% | 474,933 | $53.9M | Reduce -2.6% |
| MRSH Marsh & McLennan Cos | 2.06% | 240,747 | $53.7M | Add +2.4% |
| UNP Union Pacific Corp. | 2.01% | 212,249 | $52.3M | Add +1.6% |
| EXR Extra Space Storage Inc. | 1.93% | 278,152 | $50.1M | Add +59.2% |
| AFL Aflac Inc. | 1.87% | 436,063 | $48.8M | Reduce -31.9% |
| BLK BlackRock Finance Inc. | 1.87% | 51,254 | $48.7M | Add +1.4% |
| XLC SS Comm Select Sector SPDR | 1.86% | 535,220 | $48.4M | Add +4.8% |
| CME Cme Group Inc. | 1.83% | 216,101 | $47.7M | Add +3.9% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 1.63% | 389,016 | $42.4M | Add +0.7% |
| NOC Northrop Grumman Corp. | 1.58% | 77,762 | $41.1M | Add +0.9% |
| RTX RTX Corp. | 1.44% | 309,058 | $37.4M | Add +2.2% |
| CVX Chevron Corp. | 1.42% | 250,093 | $36.8M | Add +1.3% |
| NEAR iShares SH Dba ETF Usd Inc. | 1.23% | 625,024 | $32.0M | Add +7.0% |
| PEP Pepsico Inc. | 1.21% | 185,043 | $31.5M | Add +1.2% |
| UPS United Parcel Service Class B | 1.16% | 221,759 | $30.2M | Reduce -26.0% |
| LLY Eli Lilly & Co. | 0.78% | 22,806 | $20.2M | Reduce -12.5% |
| ADP Automatic Data Processing | 0.52% | 49,303 | $13.6M | Add +0.5% |
| AMZN Amazon.com Inc. | 0.50% | 69,426 | $12.9M | Add +4.5% |
| GOOGL Alphabet Inc. Class A | 0.43% | 67,288 | $11.2M | Reduce -2.1% |
| MCO Moody's Corp. | 0.41% | 22,319 | $10.6M | Add +2.7% |
| V Visa Inc. Class A | 0.40% | 38,119 | $10.5M | Add +4.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.39% | 21,962 | $10.1M | Add +2.4% |
| MA Mastercard Inc. Class A | 0.37% | 19,431 | $9.6M | Add +5.2% |
| VIG Vanguard Dividend Apprec ETF | 0.35% | 45,359 | $9.0M | Reduce -0.6% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.34% | 78,585 | $8.9M | Add +11.5% |
| JPST JPMorgan Ultra-Short Income | 0.29% | 150,716 | $7.6M | Reduce -31.6% |
| ORLY O'reilly Automotive Inc. | 0.29% | 6,548 | $7.5M | Add +0.4% |
| ECL Ecolab Inc. | 0.28% | 28,096 | $7.2M | Add +1.4% |
| SCHD Schwab US DVD Equity ETF | 0.27% | 82,804 | $7.0M | Add +0.0% |
| NVDA Nvidia Corp. | 0.26% | 54,729 | $6.6M | Add +31.6% |
| INTU Intuit Inc. | 0.25% | 10,610 | $6.6M | Reduce -10.2% |
| SCHG Schwab US Large-Cap Growth | 0.23% | 57,148 | $6.0M | Add +0.6% |
| WM Waste Management Inc. | 0.23% | 28,462 | $5.9M | Reduce -0.4% |
| XLE SS Energy Select Sector | 0.22% | 64,508 | $5.7M | Add +2.2% |
| MSCI MSCI Inc. | 0.21% | 9,461 | $5.5M | Add +2.3% |
| ADBE Adobe Inc. | 0.20% | 10,124 | $5.2M | Add +2.8% |
| MSI Motorola Solutions Inc. | 0.20% | 11,605 | $5.2M | Add +5.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.19% | 13,171 | $5.1M | Reduce -1.7% |
| KNSL Kinsale Capital Group Inc. | 0.19% | 10,588 | $4.9M | Add +2.8% |
| CTAS Cintas Corp. | 0.19% | 23,929 | $4.9M | Add +6.9% |
| MTD Mettler-Toledo International | 0.18% | 3,182 | $4.8M | Add +2.2% |
| CSCO Cisco Systems Inc. | 0.18% | 88,078 | $4.7M | Reduce -87.0% |
| CPRT Copart Inc. | 0.18% | 89,206 | $4.7M | Reduce -6.6% |
| AGG iShares Core U.S. Aggregate | 0.17% | 44,892 | $4.5M | Add +51.6% |
| APD Air Products & Chemicals Inc. | 0.17% | 15,193 | $4.5M | Reduce -14.7% |
| CMI Cummins Inc. | 0.16% | 13,082 | $4.2M | Reduce -5.6% |
| TMO Thermo Fisher Scientific Inc. | 0.16% | 6,741 | $4.2M | Add +1.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.16% | 7,222 | $4.1M | Reduce -4.0% |
| VYM Vanguard High DVD Yield ETF | 0.15% | 30,508 | $3.9M | Reduce -4.7% |
| PGR Progressive Corp. | 0.15% | 15,167 | $3.8M | Add +1.0% |
| CDNS Cadence Design SYS Inc. | 0.14% | 13,886 | $3.8M | Add +4.6% |
| HSY The Hershey Co. | 0.14% | 19,352 | $3.7M | Add +0.9% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.14% | 30,961 | $3.7M | Reduce -3.0% |
| NOBL Proshares S&P 500 Dividend A | 0.14% | 34,254 | $3.7M | Reduce -7.3% |
| CINF Cincinnati Financial Corp. | 0.14% | 26,154 | $3.6M | Reduce -1.9% |
| RLI Rli Corp. | 0.13% | 22,383 | $3.5M | New |
| KO The Coca-Cola Co. | 0.13% | 48,216 | $3.5M | Reduce -0.7% |
| VLO Valero Energy Corp. | 0.13% | 24,630 | $3.3M | Reduce -19.9% |
| META Meta Platforms Inc. Class A | 0.13% | 5,758 | $3.3M | Add +6.9% |
| LII Lennox International Inc. | 0.13% | 5,386 | $3.3M | Reduce -1.4% |
| SN Sharkninja Inc. | 0.12% | 29,046 | $3.2M | New |
| AMGN Amgen Inc. | 0.12% | 9,496 | $3.1M | Reduce -7.7% |
| NFLX Netflix Inc. | 0.12% | 4,274 | $3.0M | Add +8.4% |
| ERIE Erie Indemnity Company Class A | 0.11% | 5,470 | $3.0M | Reduce -16.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.11% | 16,973 | $2.9M | Add +8.3% |
| ABT Abbott Laboratories | 0.11% | 25,600 | $2.9M | Reduce -9.4% |
| SGI Somnigroup International Inc. filed as TEMPUR SEALY INTL INC | 0.11% | 52,544 | $2.9M | Add +16.7% |
| MELI MercadoLibre Inc. | 0.11% | 1,394 | $2.9M | Add +5.0% |
| SCHB Schwab US Broad Market ETF | 0.11% | 42,575 | $2.8M | Add +7.1% |
| NOW ServiceNow Inc. | 0.11% | 3,075 | $2.8M | New |
| XLK SS Technology Select Sector | 0.10% | 11,431 | $2.6M | Reduce -4.9% |
| PDD PDD Holdings Inc. | 0.10% | 18,708 | $2.5M | Add +29.1% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.10% | 182,097 | $2.5M | New |
| MTUM iShares MSCI USA Momentum Fa | 0.09% | 11,958 | $2.4M | Reduce -7.4% |
| BAB Invesco Taxable Municipal Bo | 0.09% | 86,802 | $2.4M | Add +18.5% |
| COR Cencora Inc. | 0.09% | 10,389 | $2.3M | Add +0.0% |
| PG The Procter & Gamble Co. | 0.09% | 12,831 | $2.2M | Reduce -2.0% |
| NKE Nike Inc. Class B | 0.08% | 24,634 | $2.2M | Reduce -4.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.08% | 9,561 | $2.1M | Reduce -3.7% |
| RSG Republic Services Inc. | 0.08% | 10,522 | $2.1M | Reduce -1.4% |
| SBUX Starbucks Corp. | 0.08% | 21,542 | $2.1M | Reduce -6.8% |
Portfolio Sells Q2 2024 → Q3 2024
| CSCO Cisco Systems Inc. | Reduce -87.0% | 0.18% | −1.17 |
| COST Costco Wholesale Corp. | Reduce -18.0% | 2.93% | −0.81 |
| UPS United Parcel Service Class B | Reduce -26.0% | 1.16% | −0.56 |
| AFL Aflac Inc. | Reduce -31.9% | 1.87% | −0.53 |
| MRK Merck & Co. Inc. | Reduce -2.6% | 2.07% | −0.46 |
| ALL Allstate Corp. | Reduce -19.6% | 2.28% | −0.33 |
| LLY Eli Lilly & Co. | Reduce -12.5% | 0.78% | −0.21 |
| JPST JPMorgan Ultra-Short Income | Reduce -31.6% | 0.29% | −0.17 |
| ELV Elevance Health Inc. | Reduce -65.1% | 0.05% | −0.10 |
| GOOGL Alphabet Inc. Class A | Reduce -2.1% | 0.43% | −0.10 |
| HCA HCA Healthcare Inc. | Sold out | 0.00% | −0.09 |
| VLO Valero Energy Corp. | Reduce -19.9% | 0.13% | −0.07 |
| INTU Intuit Inc. | Reduce -10.2% | 0.25% | −0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -3.0% | 0.14% | −0.05 |
| SCHM Schwab US Mid Cap ETF | Reduce -59.5% | 0.03% | −0.04 |
| CPRT Copart Inc. | Reduce -6.6% | 0.18% | −0.04 |
| WM Waste Management Inc. | Reduce -0.4% | 0.23% | −0.03 |
| SCHA Schwab US Small-Cap ETF | Reduce -41.2% | 0.04% | −0.03 |
| GOOG Alphabet Inc. Class C | Reduce -8.7% | 0.07% | −0.02 |
| APD Air Products & Chemicals Inc. | Reduce -14.7% | 0.17% | −0.02 |
| AMGN Amgen Inc. | Reduce -7.7% | 0.12% | −0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.7% | 0.19% | −0.02 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −0.01 |
| XLK SS Technology Select Sector | Reduce -4.9% | 0.10% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.0% | 0.16% | −0.01 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -7.4% | 0.09% | −0.01 |
| ABT Abbott Laboratories | Reduce -9.4% | 0.11% | −0.01 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.01 |
| USFR Wisdomtree Floating Rate Tre | Sold out | 0.00% | −0.01 |
| DIS The Walt Disney Co. | Reduce -6.3% | 0.04% | −0.01 |
| VYM Vanguard High DVD Yield ETF | Reduce -4.7% | 0.15% | −0.01 |
| MCK McKesson Corp. | Reduce -39.1% | 0.01% | −0.01 |
| PSX Phillips 66 | Sold out | 0.00% | −0.01 |
| NOBL Proshares S&P 500 Dividend A | Reduce -7.3% | 0.14% | −0.01 |
| XLY SS Consumer Disc Select Sect | Sold out | 0.00% | −0.01 |
| CSX CSX Corp. | Reduce -3.9% | 0.07% | −0.01 |
| FLOT iShares Floating Rate Bond E | Reduce -0.5% | 0.08% | −0.01 |
| PFE Pfizer Inc. | Reduce -10.1% | 0.04% | −0.01 |
| SGOV iShares 0-3 Month Treasury B | Reduce -9.3% | 0.03% | −0.01 |
| RSG Republic Services Inc. | Reduce -1.4% | 0.08% | −0.01 |
| SCHF Schwab Intl Equity ETF | Reduce -13.4% | 0.03% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -2.0% | 0.09% | −0.01 |
| PRU Prudential Financial Inc. | Reduce -3.7% | 0.05% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.6% | 0.35% | −0.00 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -9.6% | 0.02% | −0.00 |
| HON Honeywell International Inc. | Reduce -0.3% | 0.03% | −0.00 |
| IVV iShares Core S&P 500 ETF | Reduce -8.5% | 0.03% | −0.00 |
| ROP Roper Technologies Inc. | Reduce -13.5% | 0.01% | −0.00 |
| WSO Watsco Inc. | Reduce -8.0% | 0.03% | −0.00 |
| BA The Boeing Co. | Reduce -1.9% | 0.01% | −0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| MCD McDonald's Corp. | Add +1321.5% | 2.27% | +2.13 |
| EXR Extra Space Storage Inc. | Add +59.2% | 1.93% | +0.79 |
| LMT Lockheed Martin Corp. | Add +1.3% | 2.81% | +0.39 |
| ACN Accenture PLC Class A | Add +1.3% | 3.36% | +0.25 |
| HD Home Depot Inc. | Add +0.8% | 3.03% | +0.24 |
| NEE Nextera Energy Inc. | Add +1.1% | 2.23% | +0.21 |
| ABBV Abbvie Inc. | Add +0.8% | 3.56% | +0.21 |
| BLK BlackRock Finance Inc. | Add +1.4% | 1.87% | +0.20 |
| UNH Unitedhealth Group Inc. | Add +2.9% | 2.40% | +0.18 |
| NOC Northrop Grumman Corp. | Add +0.9% | 1.58% | +0.17 |
| RTX RTX Corp. | Add +2.2% | 1.44% | +0.17 |
| RLI Rli Corp. | New | 0.13% | +0.13 |
| SN Sharkninja Inc. | New | 0.12% | +0.12 |
| CME Cme Group Inc. | Add +3.9% | 1.83% | +0.12 |
| AAPL Apple Inc. | Add +0.9% | 4.97% | +0.11 |
| NOW ServiceNow Inc. | New | 0.11% | +0.11 |
| PAYX Paychex Inc. | Add +1.2% | 2.15% | +0.10 |
| SOXX iShares Semiconductor ETF | Add +21.2% | 2.68% | +0.10 |
| NU Nu Holdings Ltd./Cayman Isl-A | New | 0.10% | +0.10 |
| JNJ Johnson & Johnson | Add +2.1% | 2.14% | +0.08 |
| ICSH iShares Ultra Short Duration | Add +10.6% | 4.29% | +0.07 |
| IJH iShares Core S&P Midcap ETF | Add +337.4% | 0.07% | +0.05 |
| AGG iShares Core U.S. Aggregate | Add +51.6% | 0.17% | +0.05 |
| NVDA Nvidia Corp. | Add +31.6% | 0.26% | +0.04 |
| IJR iShares Core S&P Small-Cap E | Add +138.8% | 0.06% | +0.03 |
| ADP Automatic Data Processing | Add +0.5% | 0.52% | +0.03 |
| MA Mastercard Inc. Class A | Add +5.2% | 0.37% | +0.03 |
| UNP Union Pacific Corp. | Add +1.6% | 2.01% | +0.03 |
| CTAS Cintas Corp. | Add +6.9% | 0.19% | +0.02 |
| MSCI MSCI Inc. | Add +2.3% | 0.21% | +0.02 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +11.5% | 0.34% | +0.02 |
| XLC SS Comm Select Sector SPDR | Add +4.8% | 1.86% | +0.02 |
| MEAR Ishrs Short Mat Muni Act ETF | Add +56.9% | 0.08% | +0.02 |
| MCO Moody's Corp. | Add +2.7% | 0.41% | +0.02 |
| KNSL Kinsale Capital Group Inc. | Add +2.8% | 0.19% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.4% | 0.39% | +0.02 |
| MSI Motorola Solutions Inc. | Add +5.3% | 0.20% | +0.02 |
| SGI Somnigroup International Inc. | Add +16.7% | 0.11% | +0.02 |
| MELI MercadoLibre Inc. | Add +5.0% | 0.11% | +0.02 |
| PGR Progressive Corp. | Add +1.0% | 0.15% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +36.5% | 0.07% | +0.02 |
| PDD PDD Holdings Inc. | Add +29.1% | 0.10% | +0.02 |
| META Meta Platforms Inc. Class A | Add +6.9% | 0.13% | +0.01 |
| SCMB Schwab Municipal Bond ETF | Add +61.0% | 0.04% | +0.01 |
| BAB Invesco Taxable Municipal Bo | Add +18.5% | 0.09% | +0.01 |
| D Dominion Energy Inc. | Add +29.7% | 0.04% | +0.01 |
| HMOP Hartford Municipal Opp ETF | Add +78.3% | 0.03% | +0.01 |
| AON Aon PLC Class A | New | 0.01% | +0.01 |
| TSLA Tesla Inc. | New | 0.01% | +0.01 |
| XLF SS Financial Select Sector | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 309 | $3.5B | SOXX, KRMN, AAPL, AVGO, ABBV |
| Q1 2026 | 233 | $3.1B | KRMN, AVGO, AAPL, XLC, ABBV |
| Q4 2025 | 231 | $3.1B | KRMN, AVGO, AAPL, XLC, MSFT |
| Q3 2025 | 232 | $3.2B | KRMN, AVGO, AAPL, MSFT, XLC |
| Q2 2025 | 212 | $2.7B | AVGO, MSFT, AAPL, XLC, ICSH |
| Q1 2025 | 221 | $2.6B | AAPL, ICSH, MSFT, ABBV, XLC |
| Q4 2024 | 213 | $2.6B | AAPL, AVGO, MSFT, ICSH, ACN |
| Q3 2024 | 214 | $2.6B | AAPL, AVGO, MSFT, ICSH, ABBV |
| Q2 2024 | 209 | $2.4B | MSFT, AAPL, AVGO, ICSH, COST |
| Q1 2024 | 205 | $2.4B | ICSH, MSFT, AAPL, AVGO, ABBV |