Drum Hill Capital, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 28, 2025), Drum Hill Capital, LLC reported 45 stock positions worth $84.8 million. Its top holding was Vanguard Short-Term Treasury (VGSH) at 15.6% of the portfolio, followed by Ericsson (lm) Tel-SP ADR (ERIC, 6.6%) and Simplify Interest Rate Hedge (PFIX, 6.3%). Compared with Q4 2024, it opened 4 new positions, sold out of 2, added to 14 and reduced 11. The biggest buy was Newmont (NEM, shares +52%) and the biggest sale Vanguard Short-Term Treasury (VGSH, shares −1%).

Most Recent 13F
Q2 2026
Location
WESTPORT, CT
CIK
0002054679
Portfolio Value
$84.8M (Q1 2025)
SEC Filing
0001754960-25-000254 ↗ filed Apr 28, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q4 2024: $79.4M Q4 2024 Q1 2025: $84.8M $84.8M Q1 2025 Q2 2025: $89.0M Q2 2025 Q3 2025: $90.7M Q3 2025 Q4 2025: $93.8M Q4 2025 Q1 2026: $105.9M Q1 2026 Q2 2026: $95.7M Q2 2026

Holdings 45 stocks · $84.8M
VGSH Vanguard Short-Term Treasury 15.59% 225,279 $13.2M Reduce -0.8%
ERIC Ericsson (lm) Tel-SP ADR filed as TELEFONAKTIEBOLAGET LM ERICS 6.64% 725,408 $5.6M Add +1.3%
PFIX Simplify Interest Rate Hedge 6.27% 109,800 $5.3M Reduce -0.1%
VZ Verizon Communications Inc. 5.65% 105,721 $4.8M Reduce -1.4%
EQNR Equinor ASA-Spon ADR 5.50% 176,461 $4.7M Add +3.9%
SHEL Shell PLC-ADR 5.12% 59,273 $4.3M Reduce -0.4%
BRK.B Berkshire Hathaway Inc. Class B 4.81% 7,658 $4.1M Reduce -1.9%
TTE Totalenergies SE -Spon ADR 4.69% 61,504 $4.0M Reduce -0.1%
NEM Newmont Corp. 4.58% 80,523 $3.9M Add +52.0%
BWA Borgwarner Inc. 4.19% 124,015 $3.6M Add +0.2%
GDX Vaneck Gold Miners ETF 3.16% 58,229 $2.7M Add +0.0%
VET Vermilion Energy Inc. 2.96% 310,128 $2.5M Add +130.6%
QCOM Qualcomm Inc. 2.73% 15,102 $2.3M Add +0.6%
TELFY Telefonica SA-Spon ADR 2.70% 492,386 $2.3M Reduce -1.1%
PBR Petroleo Brasileiro-Spon ADR 2.26% 133,501 $1.9M Reduce -0.1%
TEX Terex Corp. 2.13% 47,890 $1.8M Add +0.2%
NXPI NXP Semiconductors NV 2.05% 9,159 $1.7M Reduce -0.5%
MSFT Microsoft Corp. 2.04% 4,613 $1.7M Add +1.4%
CLFD Clearfield Inc. 1.74% 49,620 $1.5M Reduce -0.0%
SWKS Skyworks Solutions Inc. 1.61% 21,194 $1.4M Add +0.3%
XOM Exxon Mobil Corp. 1.53% 10,914 $1.3M No change
ALB Albemarle Corp. 1.31% 15,455 $1.1M Reduce -0.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.24% 4,235 $1.1M No change
AAPL Apple Inc. 1.07% 4,075 $905K No change
IEUS iShares MSCI Europe Small-Ca 0.84% 12,416 $712K No change
UNP Union Pacific Corp. 0.82% 2,960 $699K No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.73% 625 $617K No change
JPM JPMorgan Chase & Co. 0.66% 2,276 $558K Add +0.6%
PM Philip Morris International 0.44% 2,344 $372K No change
GE General Electric filed as GE AEROSPACE 0.41% 1,718 $344K No change
TMO Thermo Fisher Scientific Inc. 0.39% 658 $327K Add +1.2%
CL Colgate-Palmolive Co. 0.37% 3,389 $318K Add +2.2%
IJH iShares Core S&P Midcap ETF 0.37% 5,375 $314K No change
PEP Pepsico Inc. 0.36% 2,010 $301K Add +2.1%
CBU Community Financial System I 0.32% 4,718 $268K No change
IJR iShares Core S&P Small-Cap E 0.30% 2,465 $258K No change
CAT Caterpillar Inc. 0.29% 755 $249K No change
MMM 3M Co. 0.29% 1,681 $247K No change
LNTH Lantheus Holdings Inc. 0.28% 2,450 $239K No change
ABBV Abbvie Inc. 0.28% 1,127 $236K New
PFE Pfizer Inc. 0.27% 9,147 $232K No change
KO The Coca-Cola Co. 0.26% 3,125 $224K New
TXN Texas Instruments Inc. 0.25% 1,200 $216K No change
MO Altria Group Inc. 0.25% 3,521 $211K New
ROP Roper Technologies Inc. 0.24% 346 $204K New
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.6M (not counted above)
SecurityClassShares / PrincipalValueChange
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 45,670$1.6MAdd +68.4%

Total filed on the 13F, all lines: $86.5M.

Portfolio Sells Q4 2024 → Q1 2025
VGSH Vanguard Short-Term Treasury Reduce -0.8% 15.59% −1.07
PFIX Simplify Interest Rate Hedge Reduce -0.1% 6.27% −0.98
ALB Albemarle Corp. Reduce -0.1% 1.31% −0.36
NXPI NXP Semiconductors NV Reduce -0.5% 2.05% −0.36
STRL Sterling Infrastructure Inc. Sold out 0.00% −0.34
REGN Regeneron Pharmaceuticals Sold out 0.00% −0.27
CLFD Clearfield Inc. Reduce -0.0% 1.74% −0.20
PBR Petroleo Brasileiro-Spon ADR Reduce -0.1% 2.26% +0.09
TELFY Telefonica SA-Spon ADR Reduce -1.1% 2.70% +0.18
VZ Verizon Communications Inc. Reduce -1.4% 5.65% +0.25
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.9% 4.81% +0.35
SHEL Shell PLC-ADR Reduce -0.4% 5.12% +0.42
TTE Totalenergies SE -Spon ADR Reduce -0.1% 4.69% +0.46

Portfolio Buys Q4 2024 → Q1 2025
NEM Newmont Corp. Add +52.0% 4.58% +2.10
VET Vermilion Energy Inc. Add +130.6% 2.96% +1.37
GDX Vaneck Gold Miners ETF Add +0.0% 3.16% +0.67
EQNR Equinor ASA-Spon ADR Add +3.9% 5.50% +0.43
ABBV Abbvie Inc. New 0.28% +0.28
KO The Coca-Cola Co. New 0.26% +0.26
MO Altria Group Inc. New 0.25% +0.25
ROP Roper Technologies Inc. New 0.24% +0.24
CL Colgate-Palmolive Co. Add +2.2% 0.37% −0.01
PEP Pepsico Inc. Add +2.1% 0.36% −0.02
JPM JPMorgan Chase & Co. Add +0.6% 0.66% −0.03
TMO Thermo Fisher Scientific Inc. Add +1.2% 0.39% −0.04
QCOM Qualcomm Inc. Add +0.6% 2.73% −0.17
MSFT Microsoft Corp. Add +1.4% 2.04% −0.37
ERIC Ericsson (lm) Tel-SP ADR Add +1.3% 6.64% −0.64
TEX Terex Corp. Add +0.2% 2.13% −0.65
SWKS Skyworks Solutions Inc. Add +0.3% 1.61% −0.75
BWA Borgwarner Inc. Add +0.2% 4.19% −0.77

Notes & Other Activity Q4 2024 → Q1 2025
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A Add +68.4% 45,670 $1.6M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 44$95.7MVGSH, NEM, BWA, PFIX, EQNR
Q1 2026 45$105.9MVGSH, NEM, ERIC, EQNR, PFIX
Q4 2025 48$93.8MVGSH, NEM, ERIC, PFIX, GDX
Q3 2025 46$90.7MVGSH, NEM, ERIC, PFIX, BWA
Q2 2025 48$89.0MVGSH, ERIC, PFIX, NEM, VZ
Q1 2025 45$84.8MVGSH, ERIC, PFIX, VZ, EQNR
Q4 2024 43$79.4MVGSH, ERIC, PFIX, VZ, EQNR