ELCO Management Co., LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), ELCO Management Co., LLC reported 155 stock positions worth $171.5 million. Its top holding was Cheniere Energy (LNG) at 5.7% of the portfolio, followed by Williams Cos (WMB, 5.3%) and Energy Transfer (ET, 5.2%). Compared with Q1 2024, it opened 12 new positions, sold out of 10, added to 52 and reduced 61. The biggest buy was Apple (AAPL, shares +6%) and the biggest sale Hexcel (HXL, shares −4%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001690717
Portfolio Value
$171.5M (Q2 2024)
SEC Filing
0001398344-24-014694 ↗ filed Aug 14, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $163.8M Q1 2024 Q2 2024: $171.5M $171.5M Q2 2024 Q3 2024: $185.0M Q3 2024 Q4 2024: $190.3M Q4 2024 Q1 2025: $180.7M Q1 2025 Q2 2025: $190.6M Q2 2025 Q3 2025: $191.4M Q3 2025 Q4 2025: $158.6M Q4 2025 Q1 2026: $208.4M Q1 2026 Q2 2026: $231.9M Q2 2026

Holdings 155 stocks · $171.5M
LNG Cheniere Energy Inc. 5.70% 55,875 $9.8M Add +2.7%
WMB Williams Cos Inc. 5.25% 212,072 $9.0M Reduce -7.7%
ET Energy Transfer LP 5.23% 553,523 $9.0M Add +0.2%
TRGP Targa Resources Corp. 4.60% 61,315 $7.9M Reduce -0.7%
AAPL Apple Inc. 4.09% 33,331 $7.0M Add +5.8%
AMZN Amazon.com Inc. 3.56% 31,595 $6.1M Add +1.6%
MSFT Microsoft Corp. 3.44% 13,192 $5.9M Add +0.4%
GOOG Alphabet Inc. Class C 3.15% 29,411 $5.4M Reduce -0.7%
HXL Hexcel Corp. 2.56% 70,330 $4.4M Reduce -3.5%
SPY SS SPDR S&P 500 ETF Trust-US 2.47% 7,789 $4.2M Add +0.2%
MPLX MPLX LP 2.26% 90,827 $3.9M Add +0.3%
ABBV Abbvie Inc. 1.81% 18,056 $3.1M No change
PAA Plains All Amer Pipeline LP 1.70% 163,332 $2.9M Add +0.3%
HD Home Depot Inc. 1.69% 8,434 $2.9M Add +0.3%
GEL Genesis Energy L.P. 1.57% 188,304 $2.7M Add +10.7%
XYLD Global X S&P 500 Cove Call E 1.46% 62,100 $2.5M Reduce -0.8%
WES Western Midstream Partners L 1.31% 56,421 $2.2M Reduce -4.3%
NVDA Nvidia Corp. 1.24% 17,250 $2.1M Add +2.1%
NEE Nextera Energy Inc. 1.16% 28,031 $2.0M Add +21.9%
AWK American Water Works Co. Inc. 1.15% 15,257 $2.0M Reduce -3.5%
HON Honeywell International Inc. 1.14% 9,152 $2.0M Add +0.7%
ABT Abbott Laboratories 1.13% 18,603 $1.9M No change
OKE Oneok Inc. 1.12% 23,459 $1.9M Reduce -2.7%
HUBB Hubbell Inc. 1.10% 5,156 $1.9M Reduce -0.8%
JEPI JPMorgan Equity Premium Inco 0.99% 29,900 $1.7M Reduce -1.6%
EPD Enterprise Products Partners 0.98% 58,163 $1.7M Add +0.4%
JPM JPMorgan Chase & Co. 0.93% 7,885 $1.6M Reduce -2.1%
PG The Procter & Gamble Co. 0.86% 8,960 $1.5M Reduce -2.9%
SUN Sunoco LP 0.79% 24,096 $1.4M Reduce -0.5%
RTX RTX Corp. 0.78% 13,246 $1.3M Reduce -0.4%
CL Colgate-Palmolive Co. 0.76% 13,500 $1.3M No change
ICE Intercontinental Exchange Inc. 0.76% 9,545 $1.3M No change
BA The Boeing Co. 0.73% 6,914 $1.3M Reduce -2.3%
SCHB Schwab US Broad Market ETF 0.72% 19,600 $1.2M Add +33.3%
ILMN Illumina Inc. 0.68% 11,180 $1.2M Add +10.4%
PFE Pfizer Inc. 0.66% 40,198 $1.1M Reduce -2.2%
NEXT Nextdecade Corp. 0.64% 137,257 $1.1M Add +14.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.60% 10,391 $1.0M Reduce -4.1%
MAR Marriott International Class A 0.56% 3,966 $959K No change
PRI Primerica Inc. 0.55% 4,000 $946K No change
EQT Eqt Corp. 0.55% 25,500 $943K Add +11.3%
CARR Carrier Global Corp. 0.54% 14,551 $918K No change
XLK SS Technology Select Sector 0.53% 4,043 $915K Add +8.0%
VBNK Versabank 0.52% 82,942 $892K Add +4.1%
WTTR Select Water Solutions Inc. 0.51% 81,972 $877K Reduce -13.2%
STZ Constellation Brands Inc. Class A 0.51% 3,390 $872K Reduce -0.6%
CNM Core & Main Inc. Class A 0.50% 17,351 $849K Add +76.1%
PFS Provident Financial Services 0.48% 57,797 $829K Add +37.1%
CSX CSX Corp. 0.48% 24,715 $827K Add +80.6%
XYL Xylem Inc. 0.45% 5,742 $779K Reduce -12.3%
BAH Booz Allen Hamilton Holdings 0.45% 5,000 $770K No change
IXJ iShares Global Healthcare Et 0.44% 8,158 $757K Reduce -2.4%
MCD McDonald's Corp. 0.44% 2,965 $756K Reduce -19.3%
USCB Uscb Financial Holdings Inc. 0.44% 58,209 $747K Reduce -1.8%
ARLP Alliance Resource Partners 0.42% 29,630 $725K Add +0.7%
XETYX Eaton Vance Tax-MGD Div Eqty 0.42% 50,800 $714K Reduce -2.3%
XLF SS Financial Select Sector 0.41% 17,255 $709K Reduce -5.7%
WTRG Essential Utilities Inc. 0.40% 18,352 $685K No change
HESM Hess Midstream LP Class A 0.39% 18,579 $677K New
OTIS Otis Worldwide Corp. 0.39% 6,937 $668K No change
GTLS Chart Industries Inc. 0.39% 4,625 $668K Add +77.9%
XLI SS Industrial Select Sector 0.38% 5,280 $643K Reduce -5.4%
GLW Corning Inc. 0.37% 16,301 $633K Reduce -13.3%
OLED Universal Display Corp. 0.37% 3,000 $631K No change
PAGP Plains GP Holdings LP 0.36% 32,765 $617K Reduce -0.8%
QYLD Global X Nasd 100 Cov Call 0.36% 34,800 $615K Reduce -0.8%
JNJ Johnson & Johnson 0.36% 4,168 $609K Reduce -4.5%
PPA Invesco Aerospace & Defense 0.34% 5,698 $585K Reduce -1.7%
FRST Primis Financial Corp. 0.34% 55,178 $578K Reduce -0.1%
NGL NGL Energy Partners LP 0.32% 108,670 $550K Add +100.2%
AWR American States Water Co. filed as AMER STATES WTR CO 0.31% 7,318 $531K Add +95.2%
IYW iShares Ustechnology ETF 0.30% 3,460 $521K Reduce -12.6%
IWM iShares Russell 2000 ETF 0.30% 2,555 $518K Add +34.1%
SRE Sempra 0.30% 6,760 $514K Reduce -53.2%
POOL Pool Corp. 0.29% 1,591 $489K Add +70.5%
EQBK Equity Bancshares Inc. Class A 0.28% 13,673 $481K Add +3.1%
VLTO Veralto Corp. 0.28% 5,033 $481K Reduce -6.1%
SPYI Neos S&P 500 High Income ETF 0.28% 9,450 $474K Add +1.6%
YORW York Water Co. filed as YORK WTR CO 0.27% 12,691 $471K No change
LNKB Linkbancorp Inc. 0.27% 76,913 $471K Reduce -14.3%
SRLN SS Blackstone Sr Loan ETF 0.27% 11,200 $468K No change
QCOM Qualcomm Inc. 0.27% 2,350 $468K No change
ETRN Equitrans Midstream Corp. 0.27% 35,657 $463K Reduce -20.3%
XEVGX Eaton Vance Short Dur Div Inc. 0.26% 42,075 $454K Reduce -2.3%
KO The Coca-Cola Co. 0.26% 7,106 $452K Reduce -3.2%
KVUE Kenvue Inc. 0.26% 24,825 $451K No change
UBER Uber Technologies Inc. 0.26% 6,160 $448K Add +8.8%
BFST Business First Bancshares 0.26% 20,307 $442K Add +3.0%
CMI Cummins Inc. 0.25% 1,570 $435K No change
VMI Valmont Industries 0.24% 1,501 $412K Add +7.1%
DHR Danaher Corp. 0.24% 1,629 $407K Reduce -0.3%
XLG Invesco S&P 500 Top 50 ETF 0.23% 8,800 $403K New
MAS Masco Corp. 0.23% 5,983 $399K No change
XLE SS Energy Select Sector 0.23% 4,350 $397K Reduce -10.3%
ARTNA Artesian Resources Corp. Class A 0.23% 11,072 $389K Add +98.7%
GWRS Global Water Resources Inc. 0.23% 31,914 $386K No change
CSQ Calamos Strat TTL RTRN FND 0.23% 22,923 $386K Reduce -3.0%
BRK.B Berkshire Hathaway Inc. Class B 0.21% 895 $364K No change
CWT California Water Service Grp 0.21% 7,504 $364K New
BCAL California Bancorp filed as SOUTHERN CALIF BANCORP 0.21% 26,748 $360K Add +25.2%
KMI Kinder Morgan Inc. 0.21% 17,742 $353K No change
AES AES Corp. 0.20% 20,000 $351K Add +100.0%
DFAU Dimensional US Core Equity M 0.20% 9,330 $350K Add +10.7%
SHBI Shore Bancshares Inc. 0.20% 30,360 $348K Reduce -17.8%
XLY SS Consumer Disc Select Sect 0.20% 1,870 $341K Add +5.7%
MDT Medtronic PLC 0.19% 4,143 $326K Reduce -15.6%
MNSB Mainstreet Bancshares Inc. 0.19% 18,365 $326K Add +3.3%
CVS CVS Health Corp. 0.19% 5,483 $324K Reduce -19.4%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.19% 4,750 $324K New
PNR Pentair PLC 0.19% 4,220 $324K New
BDJ BlackRock Enhanced Eqty DVD 0.19% 39,588 $323K Reduce -12.4%
ETJ Eaton Vance RSK-MGD Divers 0.19% 36,827 $323K Reduce -3.3%
FFWM First Foundation Inc. 0.18% 48,344 $317K New
BXSL Blackstone Secured Lending F 0.18% 10,200 $312K Add +2.0%
ZBH Zimmer Biomet Holdings Inc. 0.18% 2,860 $310K Reduce -0.3%
WMT Walmart Inc. 0.18% 4,567 $309K Add +0.6%
SWIM Latham Group Inc. 0.17% 97,762 $296K Add +8.6%
ZWS Zurn Elkay Water Solutions C 0.16% 9,287 $273K No change
TTEK Tetra Tech Inc. 0.16% 1,313 $268K Add +4.8%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.16% 4,800 $266K Reduce -4.0%
GLDD Great Lakes Dredge & Dock Co. 0.16% 30,336 $266K Add +163.1%
GOOGL Alphabet Inc. Class A 0.15% 1,455 $265K New
XLV SS Health Care Select Sector 0.15% 1,815 $265K No change
KTOS Kratos Defense & Security 0.15% 13,200 $264K Reduce -2.2%
V Visa Inc. Class A 0.15% 970 $255K No change
C Citigroup Inc. 0.14% 3,840 $244K New
BST BlackRock Science & Tech TR 0.14% 6,400 $241K Reduce -11.1%
GSK GSK PLC-Spon ADR 0.14% 6,108 $235K Reduce -33.3%
HACK Amplify Cybersecurity ETF 0.14% 3,600 $233K No change
UTHR United Therapeutics Corp. 0.14% 730 $233K Reduce -19.9%
ITA iShares U.S. Aerospace & Def 0.13% 1,750 $231K No change
SFST Southern First Bancshares 0.13% 7,842 $229K Add +3.0%
CWCO Consolidated Water Co.-Ord SH 0.13% 8,527 $226K New
ARCC Ares Capital Corp. 0.13% 10,800 $225K Reduce -10.0%
CALB California Bancorp Inc. 0.13% 10,363 $223K Add +8.1%
MA Mastercard Inc. Class A 0.13% 495 $218K No change
IVV iShares Core S&P 500 ETF 0.13% 399 $218K No change
UTG Reaves Utility Income Fund 0.13% 7,900 $216K Add +5.3%
NPWR Net Power Inc. 0.12% 20,924 $206K Add +13.4%
EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP 0.12% 2,500 $205K New
USA Liberty All Star Equity Fund 0.12% 29,784 $203K Reduce -1.0%
MRBK Meridian Corp. 0.11% 18,587 $196K Add +3.1%
MYFW First Western Financial Inc. 0.11% 11,414 $194K New
BCRX Biocryst Pharmaceuticals Inc. 0.11% 30,792 $190K Reduce -14.5%
STWD Starwood Property Trust Inc. 0.11% 10,000 $189K Reduce -2.9%
MCN Xai Madison Equity Premium I filed as MADISON COVERED CALL & EQUIT 0.10% 23,223 $176K No change
IMAX Imax Corp. 0.10% 10,500 $176K No change
CDZI Cadiz Inc. 0.08% 43,844 $135K Add +4.6%
DSL Doubleline Income Solutions 0.08% 10,300 $129K New
FTF Franklin Ltd. Dur Inc. TR 0.07% 17,700 $112K Reduce -21.3%
RVSB Riverview Bancorp Inc. 0.03% 14,061 $56K Add +3.0%
NCV Virtus Convertible & Income 0.02% 10,500 $34K Reduce -19.2%
CHRS Coherus Oncology Inc. 0.01% 12,716 $22K Reduce -37.9%
KPTI Karyopharm Therapeutics Inc. 0.01% 19,662 $17K Reduce -38.4%
LCTX Lineage Cell Therapeutics Inc. 0.01% 12,000 $12K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $313K (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 263$313KReduce -19.8%

Total filed on the 13F, all lines: $171.8M.

Portfolio Sells Q1 2024 → Q2 2024
HXL Hexcel Corp. Reduce -3.5% 2.56% −0.68
SRE Sempra Reduce -53.2% 0.30% −0.33
ECL Ecolab Inc. Sold out 0.00% −0.30
FELE Franklin Electric Co. Inc. Sold out 0.00% −0.26
HUBB Hubbell Inc. Reduce -0.8% 1.10% −0.22
WMB Williams Cos Inc. Reduce -7.7% 5.25% −0.21
XIFR XPLR Infrastructure LP Sold out 0.00% −0.21
DIS The Walt Disney Co. Reduce -4.1% 0.60% −0.21
LBAI Lakeland Bancorp Inc. Sold out 0.00% −0.20
MCD McDonald's Corp. Reduce -19.3% 0.44% −0.19
PR Permian Resources Corp. Class A Sold out 0.00% −0.15
HRMY Harmony Biosciences Holdings Sold out 0.00% −0.14
CVS CVS Health Corp. Reduce -19.4% 0.19% −0.14
FSBC Five Star Bancorp Sold out 0.00% −0.13
FAST Fastenal Co. Sold out 0.00% −0.13
NFE New Fortress Energy Inc. Sold out 0.00% −0.13
DE Deere & Co. Sold out 0.00% −0.13
LNKB Linkbancorp Inc. Reduce -14.3% 0.27% −0.11
GSK GSK PLC-Spon ADR Reduce -33.3% 0.14% −0.10
BA The Boeing Co. Reduce -2.3% 0.73% −0.10
SUN Sunoco LP Reduce -0.5% 0.79% −0.10
XYLD Global X S&P 500 Cove Call E Reduce -0.8% 1.46% −0.09
JEPI JPMorgan Equity Premium Inco Reduce -1.6% 0.99% −0.09
FRST Primis Financial Corp. Reduce -0.1% 0.34% −0.07
ETRN Equitrans Midstream Corp. Reduce -20.3% 0.27% −0.07
MDT Medtronic PLC Reduce -15.6% 0.19% −0.07
JNJ Johnson & Johnson Reduce -4.5% 0.36% −0.07
OKE Oneok Inc. Reduce -2.7% 1.12% −0.06
XYL Xylem Inc. Reduce -12.3% 0.45% −0.06
STZ Constellation Brands Inc. Class A Reduce -0.6% 0.51% −0.06
XLF SS Financial Select Sector Reduce -5.7% 0.41% −0.06
SHBI Shore Bancshares Inc. Reduce -17.8% 0.20% −0.06
JPM JPMorgan Chase & Co. Reduce -2.1% 0.93% −0.05
XLI SS Industrial Select Sector Reduce -5.4% 0.38% −0.05
PG The Procter & Gamble Co. Reduce -2.9% 0.86% −0.05
ZBH Zimmer Biomet Holdings Inc. Reduce -0.3% 0.18% −0.05
XLE SS Energy Select Sector Reduce -10.3% 0.23% −0.05
PFE Pfizer Inc. Reduce -2.2% 0.66% −0.04
BDJ BlackRock Enhanced Eqty DVD Reduce -12.4% 0.19% −0.04
IXJ iShares Global Healthcare Et Reduce -2.4% 0.44% −0.03
AWK American Water Works Co. Inc. Reduce -3.5% 1.15% −0.03
QYLD Global X Nasd 100 Cov Call Reduce -0.8% 0.36% −0.03
IYW iShares Ustechnology ETF Reduce -12.6% 0.30% −0.02
BST BlackRock Science & Tech TR Reduce -11.1% 0.14% −0.02
ARCC Ares Capital Corp. Reduce -10.0% 0.13% −0.02
FTF Franklin Ltd. Dur Inc. TR Reduce -21.3% 0.07% −0.02
WTTR Select Water Solutions Inc. Reduce -13.2% 0.51% −0.02
KPTI Karyopharm Therapeutics Inc. Reduce -38.4% 0.01% −0.02
PPA Invesco Aerospace & Defense Reduce -1.7% 0.34% −0.02
STWD Starwood Property Trust Inc. Reduce -2.9% 0.11% −0.02

Portfolio Buys Q1 2024 → Q2 2024
AAPL Apple Inc. Add +5.8% 4.09% +0.79
GEL Genesis Energy L.P. Add +10.7% 1.57% +0.42
HESM Hess Midstream LP Class A New 0.39% +0.39
LNG Cheniere Energy Inc. Add +2.7% 5.70% +0.34
NVDA Nvidia Corp. Add +2.1% 1.24% +0.31
NEE Nextera Energy Inc. Add +21.9% 1.16% +0.26
XLG Invesco S&P 500 Top 50 ETF New 0.23% +0.23
NEXT Nextdecade Corp. Add +14.4% 0.64% +0.22
CWT California Water Service Grp New 0.21% +0.21
XLU St Sr Utl SL SE SPDR ETF-Usd New 0.19% +0.19
PNR Pentair PLC New 0.19% +0.19
FFWM First Foundation Inc. New 0.18% +0.18
CSX CSX Corp. Add +80.6% 0.48% +0.17
SCHB Schwab US Broad Market ETF Add +33.3% 0.72% +0.17
GOOGL Alphabet Inc. Class A New 0.15% +0.15
CNM Core & Main Inc. Class A Add +76.1% 0.50% +0.15
AWR American States Water Co. Add +95.2% 0.31% +0.14
C Citigroup Inc. New 0.14% +0.14
AMZN Amazon.com Inc. Add +1.6% 3.56% +0.14
CWCO Consolidated Water Co.-Ord SH New 0.13% +0.13
NGL NGL Energy Partners LP Add +100.2% 0.32% +0.13
GTLS Chart Industries Inc. Add +77.9% 0.39% +0.13
EXE Expand Energy Corp. New 0.12% +0.12
MYFW First Western Financial Inc. New 0.11% +0.11
PFS Provident Financial Services Add +37.1% 0.48% +0.11
ARTNA Artesian Resources Corp. Class A Add +98.7% 0.23% +0.10
AES AES Corp. Add +100.0% 0.20% +0.10
GLDD Great Lakes Dredge & Dock Co. Add +163.1% 0.16% +0.09
DSL Doubleline Income Solutions New 0.08% +0.08
ARLP Alliance Resource Partners Add +0.7% 0.42% +0.06
MSFT Microsoft Corp. Add +0.4% 3.44% +0.06
IWM iShares Russell 2000 ETF Add +34.1% 0.30% +0.06
XLK SS Technology Select Sector Add +8.0% 0.53% +0.06
POOL Pool Corp. Add +70.5% 0.29% +0.06
VMI Valmont Industries Add +7.1% 0.24% +0.04
EQT Eqt Corp. Add +11.3% 0.55% +0.03
DFAU Dimensional US Core Equity M Add +10.7% 0.20% +0.02
BCAL California Bancorp Add +25.2% 0.21% +0.02
TTEK Tetra Tech Inc. Add +4.8% 0.16% +0.02
WMT Walmart Inc. Add +0.6% 0.18% +0.01
MRBK Meridian Corp. Add +3.1% 0.11% +0.00
CDZI Cadiz Inc. Add +4.6% 0.08% +0.00
VBNK Versabank Add +4.1% 0.52% +0.00
EQBK Equity Bancshares Inc. Class A Add +3.1% 0.28% +0.00
UTG Reaves Utility Income Fund Add +5.3% 0.13% +0.00
CALB California Bancorp Inc. Add +8.1% 0.13% +0.00
HON Honeywell International Inc. Add +0.7% 1.14% +0.00
XLY SS Consumer Disc Select Sect Add +5.7% 0.20% +0.00
UBER Uber Technologies Inc. Add +8.8% 0.26% −0.01
RVSB Riverview Bancorp Inc. Add +3.0% 0.03% −0.01

Notes & Other Activity Q1 2024 → Q2 2024
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -19.8% 263 $313K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 174$231.9MWMB, TRGP, LNG, ET, XLI
Q1 2026 170$208.4MWMB, LNG, TRGP, ET, AAPL
Q4 2025 156$158.6MGOOG, AAPL, WMB, AMZN, MSFT
Q3 2025 163$191.4MLNG, WMB, TRGP, ET, AAPL
Q2 2025 155$190.6MLNG, WMB, TRGP, ET, MSFT
Q1 2025 154$180.7MLNG, TRGP, WMB, ET, AAPL
Q4 2024 158$190.3MLNG, WMB, ET, TRGP, AAPL
Q3 2024 162$185.0MLNG, WMB, TRGP, ET, AAPL
Q2 2024 155$171.5MLNG, WMB, ET, TRGP, AAPL
Q1 2024 153$163.8MWMB, LNG, ET, TRGP, AMZN