Drum Hill Capital, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 15, 2025), Drum Hill Capital, LLC reported 48 stock positions worth $89.0 million. Its top holding was Vanguard Short-Term Treasury (VGSH) at 15.2% of the portfolio, followed by Ericsson (lm) Tel-SP ADR (ERIC, 6.8%) and Simplify Interest Rate Hedge (PFIX, 6.5%). Compared with Q1 2025, it opened 5 new positions, sold out of 2, added to 2 and reduced 19. The biggest buy was a new position in Sterling Infrastructure (STRL) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −1%).

Most Recent 13F
Q2 2026
Location
WESTPORT, CT
CIK
0002054679
Portfolio Value
$89.0M (Q2 2025)
SEC Filing
0001754960-25-000380 ↗ filed Jul 15, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q4 2024: $79.4M Q4 2024 Q1 2025: $84.8M Q1 2025 Q2 2025: $89.0M $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 48 stocks · $89.0M
VGSH Vanguard Short-Term Treasury 15.18% 229,786 $13.5M Add +2.0%
ERIC Ericsson (lm) Tel-SP ADR filed as TELEFONAKTIEBOLAGET LM ERICS 6.79% 713,002 $6.0M Reduce -1.7%
PFIX Simplify Interest Rate Hedge 6.55% 110,320 $5.8M Add +0.5%
NEM Newmont Corp. 5.21% 79,661 $4.6M Reduce -1.1%
VZ Verizon Communications Inc. 5.09% 104,708 $4.5M Reduce -1.0%
EQNR Equinor ASA-Spon ADR 4.93% 174,651 $4.4M Reduce -1.0%
SHEL Shell PLC-ADR 4.61% 58,269 $4.1M Reduce -1.7%
BWA Borgwarner Inc. 4.61% 122,495 $4.1M Reduce -1.2%
TTE Totalenergies SE -Spon ADR 4.17% 60,399 $3.7M Reduce -1.8%
BRK.B Berkshire Hathaway Inc. Class B 4.14% 7,588 $3.7M Reduce -0.9%
GDX Vaneck Gold Miners ETF 3.40% 58,080 $3.0M Reduce -0.3%
TELFY Telefonica SA-Spon ADR 2.82% 479,971 $2.5M Reduce -2.5%
QCOM Qualcomm Inc. 2.69% 15,036 $2.4M Reduce -0.4%
MSFT Microsoft Corp. 2.58% 4,613 $2.3M No change
VET Vermilion Energy Inc. 2.52% 308,204 $2.2M Reduce -0.6%
TEX Terex Corp. 2.51% 47,789 $2.2M Reduce -0.2%
CLFD Clearfield Inc. 2.40% 49,166 $2.1M Reduce -0.9%
NXPI NXP Semiconductors NV 2.24% 9,139 $2.0M Reduce -0.2%
PBR Petroleo Brasileiro-Spon ADR 1.86% 132,048 $1.7M Reduce -1.1%
SWKS Skyworks Solutions Inc. 1.76% 21,063 $1.6M Reduce -0.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.40% 4,235 $1.2M No change
XOM Exxon Mobil Corp. 1.32% 10,914 $1.2M No change
ALB Albemarle Corp. 1.07% 15,185 $952K Reduce -1.8%
AAPL Apple Inc. 0.94% 4,075 $836K No change
IEUS iShares MSCI Europe Small-Ca 0.87% 11,503 $772K Reduce -7.3%
UNP Union Pacific Corp. 0.77% 2,960 $681K No change
JPM JPMorgan Chase & Co. 0.74% 2,276 $660K No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.73% 625 $650K No change
GE General Electric filed as GE AEROSPACE 0.50% 1,718 $442K No change
PM Philip Morris International 0.48% 2,344 $427K No change
STRL Sterling Infrastructure Inc. 0.41% 1,580 $365K New
IJH iShares Core S&P Midcap ETF 0.37% 5,375 $333K No change
CL Colgate-Palmolive Co. 0.35% 3,389 $308K No change
CAT Caterpillar Inc. 0.33% 755 $293K No change
IJR iShares Core S&P Small-Cap E 0.30% 2,465 $269K No change
CBU Community Financial System I 0.30% 4,718 $268K No change
TMO Thermo Fisher Scientific Inc. 0.30% 658 $267K No change
PEP Pepsico Inc. 0.30% 2,010 $265K No change
TXN Texas Instruments Inc. 0.28% 1,200 $249K No change
GMS GMS Inc. 0.26% 2,125 $231K New
GEV GE Vernova Inc. 0.26% 429 $227K New
PFE Pfizer Inc. 0.25% 9,147 $222K No change
KO The Coca-Cola Co. 0.25% 3,125 $221K No change
CSCO Cisco Systems Inc. 0.24% 3,131 $217K New
ABBV Abbvie Inc. 0.24% 1,127 $209K No change
MO Altria Group Inc. 0.23% 3,521 $206K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.23% 334 $206K New
LNTH Lantheus Holdings Inc. 0.23% 2,450 $201K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.5M (not counted above)
SecurityClassShares / PrincipalValueChange
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 45,586$1.5MReduce -0.2%

Total filed on the 13F, all lines: $90.5M.

Portfolio Sells Q1 2025 → Q2 2025
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.9% 4.14% −0.67
EQNR Equinor ASA-Spon ADR Reduce -1.0% 4.93% −0.57
VZ Verizon Communications Inc. Reduce -1.0% 5.09% −0.56
TTE Totalenergies SE -Spon ADR Reduce -1.8% 4.17% −0.52
SHEL Shell PLC-ADR Reduce -1.7% 4.61% −0.51
VET Vermilion Energy Inc. Reduce -0.6% 2.52% −0.44
PBR Petroleo Brasileiro-Spon ADR Reduce -1.1% 1.86% −0.40
MMM 3M Co. Sold out 0.00% −0.29
ALB Albemarle Corp. Reduce -1.8% 1.07% −0.24
ROP Roper Technologies Inc. Sold out 0.00% −0.24
QCOM Qualcomm Inc. Reduce -0.4% 2.69% −0.04
IEUS iShares MSCI Europe Small-Ca Reduce -7.3% 0.87% +0.03
TELFY Telefonica SA-Spon ADR Reduce -2.5% 2.82% +0.12
SWKS Skyworks Solutions Inc. Reduce -0.6% 1.76% +0.15
ERIC Ericsson (lm) Tel-SP ADR Reduce -1.7% 6.79% +0.16
NXPI NXP Semiconductors NV Reduce -0.2% 2.24% +0.19
GDX Vaneck Gold Miners ETF Reduce -0.3% 3.40% +0.24
TEX Terex Corp. Reduce -0.2% 2.51% +0.37
BWA Borgwarner Inc. Reduce -1.2% 4.61% +0.42
NEM Newmont Corp. Reduce -1.1% 5.21% +0.63
CLFD Clearfield Inc. Reduce -0.9% 2.40% +0.66

Portfolio Buys Q1 2025 → Q2 2025
STRL Sterling Infrastructure Inc. New 0.41% +0.41
PFIX Simplify Interest Rate Hedge Add +0.5% 6.55% +0.28
GMS GMS Inc. New 0.26% +0.26
GEV GE Vernova Inc. New 0.26% +0.26
CSCO Cisco Systems Inc. New 0.24% +0.24
SPY SS SPDR S&P 500 ETF Trust-US New 0.23% +0.23
VGSH Vanguard Short-Term Treasury Add +2.0% 15.18% −0.41

Notes & Other Activity Q1 2025 → Q2 2025
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A Reduce -0.2% 45,586 $1.5M

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