ELCO Management Co., LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), ELCO Management Co., LLC reported 162 stock positions worth $185.0 million. Its top holding was Cheniere Energy (LNG) at 5.5% of the portfolio, followed by Williams Cos (WMB, 5.2%) and Targa Resources (TRGP, 4.9%). Compared with Q2 2024, it opened 18 new positions, sold out of 11, added to 38 and reduced 73. The biggest buy was a new position in Firstsun Capital Bancorp (FSUN) and the biggest sale Alphabet Class C (GOOG, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001690717
- Portfolio Value
- $185.0M (Q3 2024)
- SEC Filing
- 0001398344-24-020830 ↗ filed Nov 14, 2024
Holdings Value
Holdings 162 stocks · $185.0M
| LNG Cheniere Energy Inc. | 5.45% | 56,081 | $10.1M | Add +0.4% |
| WMB Williams Cos Inc. | 5.22% | 211,719 | $9.7M | Reduce -0.2% |
| TRGP Targa Resources Corp. | 4.88% | 61,023 | $9.0M | Reduce -0.5% |
| ET Energy Transfer LP | 4.82% | 555,153 | $8.9M | Add +0.3% |
| AAPL Apple Inc. | 4.17% | 33,104 | $7.7M | Reduce -0.7% |
| AMZN Amazon.com Inc. | 3.17% | 31,496 | $5.9M | Reduce -0.3% |
| MSFT Microsoft Corp. | 3.06% | 13,177 | $5.7M | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 2.65% | 29,280 | $4.9M | Reduce -0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.42% | 7,794 | $4.5M | Add +0.1% |
| HXL Hexcel Corp. | 2.35% | 70,310 | $4.3M | Reduce -0.0% |
| MPLX MPLX LP | 2.22% | 92,569 | $4.1M | Add +1.9% |
| ABBV Abbvie Inc. | 1.93% | 18,056 | $3.6M | No change |
| HD Home Depot Inc. | 1.84% | 8,398 | $3.4M | Reduce -0.4% |
| PAA Plains All Amer Pipeline LP | 1.54% | 163,549 | $2.8M | Add +0.1% |
| XYLD Global X S&P 500 Cove Call E | 1.36% | 60,700 | $2.5M | Reduce -2.3% |
| GEL Genesis Energy L.P. | 1.36% | 188,271 | $2.5M | Reduce -0.0% |
| NVDA Nvidia Corp. | 1.30% | 19,735 | $2.4M | Add +14.4% |
| NEE Nextera Energy Inc. | 1.29% | 28,293 | $2.4M | Add +0.9% |
| HUBB Hubbell Inc. | 1.19% | 5,154 | $2.2M | Reduce -0.0% |
| WES Western Midstream Partners L | 1.17% | 56,408 | $2.2M | Reduce -0.0% |
| OKE Oneok Inc. | 1.16% | 23,461 | $2.1M | Add +0.0% |
| ABT Abbott Laboratories | 1.15% | 18,603 | $2.1M | No change |
| AWK American Water Works Co. Inc. | 1.14% | 14,465 | $2.1M | Reduce -5.2% |
| HON Honeywell International Inc. | 1.01% | 9,079 | $1.9M | Reduce -0.8% |
| JEPI JPMorgan Equity Premium Inco | 0.96% | 29,800 | $1.8M | Reduce -0.3% |
| EPD Enterprise Products Partners | 0.92% | 58,155 | $1.7M | Reduce -0.0% |
| JPM JPMorgan Chase & Co. | 0.90% | 7,881 | $1.7M | Reduce -0.1% |
| SCHB Schwab US Broad Market ETF | 0.88% | 24,350 | $1.6M | Add +24.2% |
| RTX RTX Corp. | 0.86% | 13,201 | $1.6M | Reduce -0.3% |
| EQT Eqt Corp. | 0.85% | 43,073 | $1.6M | Add +68.9% |
| PG The Procter & Gamble Co. | 0.84% | 8,940 | $1.5M | Reduce -0.2% |
| ILMN Illumina Inc. | 0.78% | 11,076 | $1.4M | Reduce -0.9% |
| CL Colgate-Palmolive Co. | 0.76% | 13,500 | $1.4M | No change |
| ICE Intercontinental Exchange Inc. | 0.75% | 8,598 | $1.4M | Reduce -9.9% |
| SUN Sunoco LP | 0.70% | 24,095 | $1.3M | Reduce 0.0% |
| VBNK Versabank | 0.64% | 89,420 | $1.2M | Add +7.8% |
| CARR Carrier Global Corp. | 0.62% | 14,364 | $1.2M | Reduce -1.3% |
| FSUN Firstsun Capital Bancorp | 0.62% | 27,115 | $1.2M | New |
| PFE Pfizer Inc. | 0.61% | 38,697 | $1.1M | Reduce -3.7% |
| PRI Primerica Inc. | 0.57% | 4,000 | $1.1M | No change |
| PFS Provident Financial Services | 0.56% | 55,784 | $1.0M | Reduce -3.5% |
| BA The Boeing Co. | 0.56% | 6,761 | $1.0M | Reduce -2.2% |
| CNM Core & Main Inc. Class A | 0.55% | 22,818 | $1.0M | Add +31.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.54% | 10,331 | $994K | Reduce -0.6% |
| MAR Marriott International Class A | 0.53% | 3,945 | $981K | Reduce -0.5% |
| FRST Primis Financial Corp. | 0.50% | 76,586 | $933K | Add +38.8% |
| SWIM Latham Group Inc. | 0.50% | 136,193 | $926K | Add +39.3% |
| MCD McDonald's Corp. | 0.49% | 2,965 | $903K | No change |
| USCB Uscb Financial Holdings Inc. | 0.48% | 58,209 | $888K | No change |
| STZ Constellation Brands Inc. Class A | 0.47% | 3,390 | $874K | No change |
| XLK SS Technology Select Sector | 0.47% | 3,818 | $862K | Reduce -5.6% |
| CSX CSX Corp. | 0.46% | 24,685 | $852K | Reduce -0.1% |
| BAH Booz Allen Hamilton Holdings | 0.44% | 5,000 | $814K | No change |
| IXJ iShares Global Healthcare Et | 0.43% | 8,036 | $789K | Reduce -1.5% |
| XLF SS Financial Select Sector | 0.42% | 17,155 | $777K | Reduce -0.6% |
| XYL Xylem Inc. | 0.42% | 5,742 | $775K | No change |
| NEXT Nextdecade Corp. | 0.41% | 160,603 | $756K | Add +17.0% |
| HESM Hess Midstream LP Class A | 0.41% | 21,320 | $752K | Add +14.8% |
| ARLP Alliance Resource Partners | 0.40% | 29,750 | $744K | Add +0.4% |
| GLW Corning Inc. | 0.40% | 16,301 | $736K | No change |
| XLI SS Industrial Select Sector | 0.39% | 5,280 | $715K | No change |
| WTRG Essential Utilities Inc. | 0.39% | 18,502 | $714K | Add +0.8% |
| XETYX Eaton Vance Tax-MGD Div Eqty | 0.39% | 48,710 | $714K | Reduce -4.1% |
| WTTR Select Water Solutions Inc. | 0.38% | 63,316 | $705K | Reduce -22.8% |
| OTIS Otis Worldwide Corp. | 0.38% | 6,675 | $694K | Reduce -3.8% |
| JNJ Johnson & Johnson | 0.36% | 4,113 | $667K | Reduce -1.3% |
| PPA Invesco Aerospace & Defense | 0.35% | 5,682 | $653K | Reduce -0.3% |
| AMTB Amerant Bancorp Inc. | 0.35% | 29,961 | $640K | New |
| QYLD Global X Nasd 100 Cov Call | 0.34% | 35,000 | $631K | Add +0.6% |
| OLED Universal Display Corp. | 0.34% | 3,000 | $630K | No change |
| DFAU Dimensional US Core Equity M | 0.34% | 15,680 | $622K | Add +68.1% |
| PAGP Plains GP Holdings LP | 0.33% | 33,152 | $613K | Add +1.2% |
| BCAL California Bancorp | 0.33% | 40,795 | $603K | Add +52.5% |
| NGL NGL Energy Partners LP | 0.31% | 129,420 | $582K | Add +19.1% |
| VST Vistra Corp. | 0.31% | 4,900 | $581K | New |
| IWM iShares Russell 2000 ETF | 0.31% | 2,555 | $564K | No change |
| SRE Sempra | 0.30% | 6,742 | $564K | Reduce -0.3% |
| KVUE Kenvue Inc. | 0.30% | 23,930 | $554K | Reduce -3.6% |
| SRLN SS Blackstone Sr Loan ETF | 0.30% | 13,200 | $551K | Add +17.9% |
| KO The Coca-Cola Co. | 0.28% | 7,106 | $511K | No change |
| CMI Cummins Inc. | 0.27% | 1,570 | $508K | No change |
| UBER Uber Technologies Inc. | 0.27% | 6,660 | $501K | Add +8.1% |
| SPYI Neos S&P 500 High Income ETF | 0.27% | 9,575 | $491K | Add +1.3% |
| PNFP Pinnacle Financial Partners | 0.26% | 5,000 | $490K | New |
| XEVGX Eaton Vance Short Dur Div Inc. | 0.26% | 43,675 | $488K | Add +3.8% |
| IYW iShares Ustechnology ETF | 0.26% | 3,160 | $479K | Reduce -8.7% |
| AWR American States Water Co. filed as AMER STATES WTR CO | 0.25% | 5,658 | $471K | Reduce -22.7% |
| VLTO Veralto Corp. | 0.25% | 4,124 | $461K | Reduce -18.1% |
| DHR Danaher Corp. | 0.24% | 1,629 | $453K | No change |
| ZWS Zurn Elkay Water Solutions C | 0.24% | 12,575 | $452K | Add +35.4% |
| SHBI Shore Bancshares Inc. | 0.24% | 31,958 | $447K | Add +5.3% |
| XLG Invesco S&P 500 Top 50 ETF | 0.23% | 9,050 | $430K | Add +2.8% |
| LNKB Linkbancorp Inc. | 0.23% | 65,155 | $418K | Reduce -15.3% |
| KMI Kinder Morgan Inc. | 0.23% | 18,842 | $416K | Add +6.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.22% | 895 | $412K | No change |
| EQBK Equity Bancshares Inc. Class A | 0.22% | 10,000 | $409K | Reduce -26.9% |
| CWT California Water Service Grp | 0.22% | 7,504 | $407K | No change |
| MNSB Mainstreet Bancshares Inc. | 0.22% | 21,786 | $402K | Add +18.6% |
| GWRS Global Water Resources Inc. | 0.22% | 31,914 | $402K | No change |
| MAS Masco Corp. | 0.22% | 4,769 | $400K | Reduce -20.3% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $370K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 288 | $369K | Add +9.5% |
| ADVENT CONVERTIBLE AND INCOM | RIGHT 10/17/2024 | 14,000 | $279 | New |
Total filed on the 13F, all lines: $185.4M.
Portfolio Sells Q2 2024 → Q3 2024
| GOOG Alphabet Inc. Class C | Reduce -0.5% | 2.65% | −0.50 |
| AMZN Amazon.com Inc. | Reduce -0.3% | 3.17% | −0.39 |
| MSFT Microsoft Corp. | Reduce -0.1% | 3.06% | −0.37 |
| ETRN Equitrans Midstream Corp. | Sold out | 0.00% | −0.27 |
| GTLS Chart Industries Inc. | Reduce -60.5% | 0.12% | −0.27 |
| HXL Hexcel Corp. | Reduce -0.0% | 2.35% | −0.21 |
| GEL Genesis Energy L.P. | Reduce -0.0% | 1.36% | −0.21 |
| AES AES Corp. | Sold out | 0.00% | −0.20 |
| BA The Boeing Co. | Reduce -2.2% | 0.56% | −0.18 |
| WES Western Midstream Partners L | Reduce -0.0% | 1.17% | −0.14 |
| CWCO Consolidated Water Co.-Ord SH | Sold out | 0.00% | −0.13 |
| WTTR Select Water Solutions Inc. | Reduce -22.8% | 0.38% | −0.13 |
| CALB California Bancorp Inc. | Sold out | 0.00% | −0.13 |
| HON Honeywell International Inc. | Reduce -0.8% | 1.01% | −0.13 |
| NPWR Net Power Inc. | Sold out | 0.00% | −0.12 |
| BCRX Biocryst Pharmaceuticals Inc. | Sold out | 0.00% | −0.11 |
| STWD Starwood Property Trust Inc. | Sold out | 0.00% | −0.11 |
| XYLD Global X S&P 500 Cove Call E | Reduce -2.3% | 1.36% | −0.10 |
| YORW York Water Co. | Reduce -31.8% | 0.18% | −0.10 |
| POOL Pool Corp. | Reduce -41.6% | 0.19% | −0.10 |
| SUN Sunoco LP | Reduce 0.0% | 0.70% | −0.10 |
| FFWM First Foundation Inc. | Reduce -37.4% | 0.10% | −0.08 |
| CDZI Cadiz Inc. | Sold out | 0.00% | −0.08 |
| BFST Business First Bancshares | Reduce -34.1% | 0.19% | −0.07 |
| EPD Enterprise Products Partners | Reduce -0.0% | 0.92% | −0.07 |
| XLK SS Technology Select Sector | Reduce -5.6% | 0.47% | −0.07 |
| DIS The Walt Disney Co. | Reduce -0.6% | 0.54% | −0.06 |
| VMI Valmont Industries | Reduce -24.3% | 0.18% | −0.06 |
| EQBK Equity Bancshares Inc. Class A | Reduce -26.9% | 0.22% | −0.06 |
| AWR American States Water Co. | Reduce -22.7% | 0.25% | −0.05 |
| PFE Pfizer Inc. | Reduce -3.7% | 0.61% | −0.05 |
| LNKB Linkbancorp Inc. | Reduce -15.3% | 0.23% | −0.05 |
| ARTNA Artesian Resources Corp. Class A | Reduce -18.5% | 0.18% | −0.05 |
| IYW iShares Ustechnology ETF | Reduce -8.7% | 0.26% | −0.04 |
| GLDD Great Lakes Dredge & Dock Co. | Reduce -32.6% | 0.12% | −0.04 |
| RVSB Riverview Bancorp Inc. | Sold out | 0.00% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -0.1% | 0.90% | −0.03 |
| VLTO Veralto Corp. | Reduce -18.1% | 0.25% | −0.03 |
| WMB Williams Cos Inc. | Reduce -0.2% | 5.22% | −0.03 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Reduce -4.1% | 0.39% | −0.03 |
| JEPI JPMorgan Equity Premium Inco | Reduce -0.3% | 0.96% | −0.03 |
| MAR Marriott International Class A | Reduce -0.5% | 0.53% | −0.03 |
| BXSL Blackstone Secured Lending F | Reduce -4.9% | 0.15% | −0.03 |
| BST BlackRock Science & Tech TR | Reduce -7.0% | 0.11% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -0.2% | 0.84% | −0.02 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -5.6% | 0.16% | −0.02 |
| CSX CSX Corp. | Reduce -0.1% | 0.46% | −0.02 |
| NCV Virtus Convertible & Income | Sold out | 0.00% | −0.02 |
| MCN Xai Madison Equity Premium I | Reduce -4.3% | 0.09% | −0.02 |
| MAS Masco Corp. | Reduce -20.3% | 0.22% | −0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| FSUN Firstsun Capital Bancorp | New | 0.62% | +0.62 |
| AMTB Amerant Bancorp Inc. | New | 0.35% | +0.35 |
| SWIM Latham Group Inc. | Add +39.3% | 0.50% | +0.33 |
| VST Vistra Corp. | New | 0.31% | +0.31 |
| EQT Eqt Corp. | Add +68.9% | 0.85% | +0.30 |
| PNFP Pinnacle Financial Partners | New | 0.26% | +0.26 |
| CLMT Calumet Inc. | New | 0.17% | +0.17 |
| FRST Primis Financial Corp. | Add +38.8% | 0.50% | +0.17 |
| ENLC Enlink Midstream LLC | New | 0.16% | +0.16 |
| SCHB Schwab US Broad Market ETF | Add +24.2% | 0.88% | +0.16 |
| CIVB Civista Bancshares Inc. | New | 0.16% | +0.16 |
| MOFG Midwestone Financial Group I | New | 0.15% | +0.15 |
| WMS Advanced Drainage Systems Inc. | New | 0.15% | +0.15 |
| AOS Smith (a.o.) Corp. | New | 0.14% | +0.14 |
| NEE Nextera Energy Inc. | Add +0.9% | 1.29% | +0.14 |
| DFAU Dimensional US Core Equity M | Add +68.1% | 0.34% | +0.13 |
| CWEN Clearway Energy Inc. Class C | New | 0.13% | +0.13 |
| HRMY Harmony Biosciences Holdings | New | 0.13% | +0.13 |
| LMT Lockheed Martin Corp. | New | 0.13% | +0.13 |
| AXP American Express Co. | New | 0.12% | +0.12 |
| VBNK Versabank | Add +7.8% | 0.64% | +0.12 |
| BCAL California Bancorp | Add +52.5% | 0.33% | +0.12 |
| DE Deere & Co. | New | 0.11% | +0.11 |
| FAST Fastenal Co. | New | 0.11% | +0.11 |
| JD Jd.com Inc.-ADR | New | 0.11% | +0.11 |
| ATEC Alphatec Holdings Inc. | New | 0.09% | +0.09 |
| ZWS Zurn Elkay Water Solutions C | Add +35.4% | 0.24% | +0.09 |
| ITA iShares U.S. Aerospace & Def | Add +37.1% | 0.19% | +0.06 |
| C Citigroup Inc. | Add +50.4% | 0.20% | +0.05 |
| NVDA Nvidia Corp. | Add +14.4% | 1.30% | +0.05 |
| CNM Core & Main Inc. Class A | Add +31.5% | 0.55% | +0.05 |
| OKE Oneok Inc. | Add +0.0% | 1.16% | +0.04 |
| SHBI Shore Bancshares Inc. | Add +5.3% | 0.24% | +0.04 |
| MNSB Mainstreet Bancshares Inc. | Add +18.6% | 0.22% | +0.03 |
| MYFW First Western Financial Inc. | Add +12.1% | 0.14% | +0.03 |
| SRLN SS Blackstone Sr Loan ETF | Add +17.9% | 0.30% | +0.03 |
| DSL Doubleline Income Solutions | Add +37.9% | 0.10% | +0.02 |
| KMI Kinder Morgan Inc. | Add +6.2% | 0.23% | +0.02 |
| UTG Reaves Utility Income Fund | Add +0.6% | 0.14% | +0.02 |
| HESM Hess Midstream LP Class A | Add +14.8% | 0.41% | +0.01 |
| UBER Uber Technologies Inc. | Add +8.1% | 0.27% | +0.01 |
| XEVGX Eaton Vance Short Dur Div Inc. | Add +3.8% | 0.26% | −0.00 |
| XLG Invesco S&P 500 Top 50 ETF | Add +2.8% | 0.23% | −0.00 |
| JEPQ JPM Nasdaq Equity Premium | Add +6.3% | 0.15% | −0.00 |
| NGL NGL Energy Partners LP | Add +19.1% | 0.31% | −0.01 |
| SPYI Neos S&P 500 High Income ETF | Add +1.3% | 0.27% | −0.01 |
| WTRG Essential Utilities Inc. | Add +0.8% | 0.39% | −0.01 |
| QYLD Global X Nasd 100 Cov Call | Add +0.6% | 0.34% | −0.02 |
| ARLP Alliance Resource Partners | Add +0.4% | 0.40% | −0.02 |
| PAGP Plains GP Holdings LP | Add +1.2% | 0.33% | −0.03 |
Notes & Other Activity Q2 2024 → Q3 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +9.5% | 288 | $369K |
| ADVENT CONVERTIBLE AND INCOM | RIGHT 10/17/2024 | New | 14,000 | $279 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 174 | $231.9M | WMB, TRGP, LNG, ET, XLI |
| Q1 2026 | 170 | $208.4M | WMB, LNG, TRGP, ET, AAPL |
| Q4 2025 | 156 | $158.6M | GOOG, AAPL, WMB, AMZN, MSFT |
| Q3 2025 | 163 | $191.4M | LNG, WMB, TRGP, ET, AAPL |
| Q2 2025 | 155 | $190.6M | LNG, WMB, TRGP, ET, MSFT |
| Q1 2025 | 154 | $180.7M | LNG, TRGP, WMB, ET, AAPL |
| Q4 2024 | 158 | $190.3M | LNG, WMB, ET, TRGP, AAPL |
| Q3 2024 | 162 | $185.0M | LNG, WMB, TRGP, ET, AAPL |
| Q2 2024 | 155 | $171.5M | LNG, WMB, ET, TRGP, AAPL |
| Q1 2024 | 153 | $163.8M | WMB, LNG, ET, TRGP, AMZN |