ELCO Management Co., LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 4, 2025), ELCO Management Co., LLC reported 155 stock positions worth $190.6 million. Its top holding was Cheniere Energy (LNG) at 6.7% of the portfolio, followed by Williams Cos (WMB, 6.1%) and Targa Resources (TRGP, 5.2%). Compared with Q1 2025, it opened 14 new positions, sold out of 13, added to 42 and reduced 58. The biggest buy was Microsoft (MSFT, shares +1%) and the biggest sale Apple (AAPL, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001690717
- Portfolio Value
- $190.6M (Q2 2025)
- SEC Filing
- 0001667731-25-001041 ↗ filed Aug 4, 2025
Holdings Value
Holdings 155 stocks · $190.6M
| LNG Cheniere Energy Inc. | 6.71% | 52,535 | $12.8M | Reduce 0.0% |
| WMB Williams Cos Inc. | 6.15% | 186,516 | $11.7M | Add +1.3% |
| TRGP Targa Resources Corp. | 5.19% | 56,800 | $9.9M | Add +3.5% |
| ET Energy Transfer LP | 5.09% | 535,387 | $9.7M | Add +3.0% |
| MSFT Microsoft Corp. | 3.58% | 13,705 | $6.8M | Add +0.7% |
| AMZN Amazon.com Inc. | 3.56% | 30,952 | $6.8M | Add +5.6% |
| AAPL Apple Inc. | 3.21% | 29,834 | $6.1M | Reduce -2.6% |
| GOOG Alphabet Inc. Class C | 2.60% | 27,938 | $5.0M | Reduce -0.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.51% | 7,727 | $4.8M | Reduce -0.3% |
| MPLX MPLX LP | 2.38% | 88,139 | $4.5M | Add +1.5% |
| HXL Hexcel Corp. | 2.08% | 70,119 | $4.0M | Reduce -4.3% |
| NVDA Nvidia Corp. | 1.91% | 23,055 | $3.6M | Add +16.3% |
| SCHB Schwab US Broad Market ETF | 1.82% | 145,356 | $3.5M | Add +20.7% |
| GEL Genesis Energy L.P. | 1.71% | 189,626 | $3.3M | Add +1.0% |
| PAA Plains All Amer Pipeline LP | 1.71% | 178,065 | $3.3M | Add +1.3% |
| ABBV Abbvie Inc. | 1.69% | 17,331 | $3.2M | Reduce -2.1% |
| HD Home Depot Inc. | 1.53% | 7,975 | $2.9M | Reduce -0.9% |
| ABT Abbott Laboratories | 1.23% | 17,241 | $2.3M | No change |
| WES Western Midstream Partners L | 1.22% | 60,075 | $2.3M | Add +6.5% |
| XYLD Global X S&P 500 Cove Call E | 1.19% | 58,200 | $2.3M | Reduce -0.7% |
| NEXT Nextdecade Corp. | 1.12% | 239,768 | $2.1M | Add +40.6% |
| JPM JPMorgan Chase & Co. | 1.09% | 7,169 | $2.1M | Reduce -3.2% |
| HON Honeywell International Inc. | 1.06% | 8,671 | $2.0M | Reduce -0.7% |
| HUBB Hubbell Inc. | 1.04% | 4,831 | $2.0M | Reduce -0.1% |
| AWK American Water Works Co. Inc. | 0.98% | 13,426 | $1.9M | Reduce -11.2% |
| EQT Eqt Corp. | 0.97% | 31,653 | $1.8M | Reduce -12.1% |
| RTX RTX Corp. | 0.95% | 12,367 | $1.8M | Reduce -2.1% |
| EPD Enterprise Products Partners | 0.93% | 57,351 | $1.8M | Add +4.6% |
| NEE Nextera Energy Inc. | 0.89% | 24,440 | $1.7M | Add +0.1% |
| JEPI JPMorgan Equity Premium Inco | 0.89% | 29,700 | $1.7M | Reduce -0.3% |
| ICE Intercontinental Exchange Inc. | 0.85% | 8,823 | $1.6M | No change |
| OKE Oneok Inc. | 0.81% | 18,914 | $1.5M | Add +9.9% |
| VBNK Versabank | 0.77% | 129,374 | $1.5M | No change |
| SUN Sunoco LP | 0.74% | 26,185 | $1.4M | Add +0.4% |
| PG The Procter & Gamble Co. | 0.70% | 8,355 | $1.3M | Reduce -1.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.66% | 10,131 | $1.3M | Add +0.4% |
| CL Colgate-Palmolive Co. | 0.64% | 13,500 | $1.2M | No change |
| PRI Primerica Inc. | 0.57% | 4,000 | $1.1M | No change |
| XYL Xylem Inc. | 0.57% | 8,386 | $1.1M | Reduce -1.2% |
| UBER Uber Technologies Inc. | 0.56% | 11,395 | $1.1M | Reduce -3.1% |
| MAR Marriott International Class A | 0.54% | 3,739 | $1.0M | Add +0.2% |
| CARR Carrier Global Corp. | 0.52% | 13,464 | $985K | Reduce -2.2% |
| XLK SS Technology Select Sector | 0.51% | 3,818 | $967K | No change |
| BA The Boeing Co. | 0.49% | 4,439 | $930K | Reduce -4.7% |
| EFSI Eagle Financial Services Inc. | 0.47% | 29,370 | $899K | Reduce -2.1% |
| FRST Primis Financial Corp. | 0.46% | 81,015 | $879K | No change |
| EQBK Equity Bancshares Inc. Class A | 0.45% | 21,110 | $861K | No change |
| NGL NGL Energy Partners LP | 0.44% | 197,580 | $844K | Add +26.1% |
| GLW Corning Inc. | 0.44% | 15,991 | $841K | Reduce -1.5% |
| MCD McDonald's Corp. | 0.42% | 2,756 | $805K | Reduce -1.5% |
| PPA Invesco Aerospace & Defense | 0.42% | 5,658 | $802K | No change |
| ILMN Illumina Inc. | 0.41% | 8,117 | $774K | Reduce -1.2% |
| PFE Pfizer Inc. | 0.40% | 31,089 | $754K | Reduce -1.0% |
| CSX CSX Corp. | 0.40% | 23,080 | $753K | Reduce -2.3% |
| DFAU Dimensional US Core Equity M | 0.38% | 17,080 | $724K | Reduce -0.3% |
| XLI SS Industrial Select Sector | 0.38% | 4,880 | $720K | Add +26.8% |
| XETYX Eaton Vance Tax-MGD Div Eqty | 0.38% | 46,400 | $718K | Reduce -2.1% |
| CLMT Calumet Inc. | 0.36% | 43,060 | $678K | Add +31.9% |
| PFS Provident Financial Services | 0.35% | 38,429 | $674K | Reduce -1.6% |
| HESM Hess Midstream LP Class A | 0.34% | 16,862 | $649K | Add +0.5% |
| USCB Uscb Financial Holdings Inc. | 0.34% | 38,889 | $643K | No change |
| STZ Constellation Brands Inc. Class A | 0.34% | 3,946 | $642K | Add +3.0% |
| WMS Advanced Drainage Systems Inc. | 0.33% | 5,544 | $637K | Add +11.0% |
| PAGP Plains GP Holdings LP | 0.33% | 32,592 | $633K | Reduce -3.3% |
| BAH Booz Allen Hamilton Holdings | 0.33% | 6,000 | $625K | Add +20.0% |
| JNJ Johnson & Johnson | 0.32% | 3,953 | $604K | Reduce -2.6% |
| GTLS Chart Industries Inc. | 0.32% | 3,655 | $602K | New |
| OTIS Otis Worldwide Corp. | 0.31% | 6,027 | $597K | Reduce -3.2% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.31% | 10,900 | $593K | Add +73.0% |
| SWIM Latham Group Inc. | 0.31% | 92,336 | $589K | Reduce -18.9% |
| IXJ iShares Global Healthcare Et | 0.31% | 6,809 | $586K | Reduce -1.4% |
| SRLN SS Blackstone Sr Loan ETF | 0.30% | 13,700 | $570K | Reduce -0.4% |
| VLTO Veralto Corp. | 0.30% | 5,619 | $567K | Add +89.4% |
| SRE Sempra | 0.30% | 7,474 | $566K | Reduce -0.3% |
| TTEK Tetra Tech Inc. | 0.29% | 15,260 | $549K | Add +52.8% |
| QYLD Global X Nasd 100 Cov Call | 0.28% | 31,900 | $533K | Reduce -0.3% |
| KO The Coca-Cola Co. | 0.28% | 7,451 | $527K | Add +4.9% |
| SPYI Neos S&P 500 High Income ETF | 0.27% | 10,125 | $509K | Add +5.2% |
| CMI Cummins Inc. | 0.27% | 1,545 | $506K | No change |
| XLF SS Financial Select Sector | 0.27% | 9,655 | $506K | Reduce -29.8% |
| VST Vistra Corp. | 0.26% | 2,575 | $499K | New |
| DKL Delek Logistics Partners LP | 0.26% | 11,505 | $494K | New |
| GOOGL Alphabet Inc. Class A | 0.26% | 2,780 | $490K | No change |
| WTRG Essential Utilities Inc. | 0.25% | 12,896 | $479K | Reduce -12.1% |
| XLG Invesco S&P 500 Top 50 ETF | 0.25% | 9,050 | $472K | Reduce -0.6% |
| OLED Universal Display Corp. | 0.24% | 3,000 | $463K | No change |
| FSUN Firstsun Capital Bancorp | 0.24% | 13,100 | $455K | Reduce -34.5% |
| C Citigroup Inc. | 0.23% | 5,234 | $446K | Add +61.8% |
| WMT Walmart Inc. | 0.23% | 4,550 | $445K | Add +0.4% |
| KMI Kinder Morgan Inc. | 0.23% | 15,041 | $442K | Add +1.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 895 | $435K | No change |
| AWR American States Water Co. filed as AMER STATES WTR CO | 0.22% | 5,408 | $415K | Reduce -17.0% |
| MYFW First Western Financial Inc. | 0.22% | 18,372 | $414K | No change |
| CWT California Water Service Grp | 0.21% | 8,902 | $405K | Reduce -10.2% |
| CSQ Calamos Strat TTL RTRN FND | 0.21% | 22,124 | $404K | Reduce -0.5% |
| PNR Pentair PLC | 0.21% | 3,892 | $400K | Add +23.0% |
| ETJ Eaton Vance RSK-MGD Divers | 0.21% | 43,520 | $393K | Reduce -2.3% |
| KVUE Kenvue Inc. | 0.20% | 18,167 | $380K | Reduce -3.6% |
| QCOM Qualcomm Inc. | 0.20% | 2,350 | $374K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.19% | 7,727 | $366K | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $308K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 262 | $308K | Add +56.9% |
Total filed on the 13F, all lines: $190.9M.
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -2.6% | 3.21% | −0.56 |
| STN Stantec Inc. | Sold out | 0.00% | −0.48 |
| ABBV Abbvie Inc. | Reduce -2.1% | 1.69% | −0.37 |
| AWK American Water Works Co. Inc. | Reduce -11.2% | 0.98% | −0.25 |
| DK Delek US Holdings Inc. | Sold out | 0.00% | −0.23 |
| ZWS Zurn Elkay Water Solutions C | Sold out | 0.00% | −0.18 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.17 |
| FSUN Firstsun Capital Bancorp | Reduce -34.5% | 0.24% | −0.16 |
| HXL Hexcel Corp. | Reduce -4.3% | 2.08% | −0.14 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.13 |
| BMRN Biomarin Pharmaceutical Inc. | Sold out | 0.00% | −0.12 |
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −0.11 |
| POOL Pool Corp. | Sold out | 0.00% | −0.11 |
| XLF SS Financial Select Sector | Reduce -29.8% | 0.27% | −0.11 |
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −0.11 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.11 |
| FFIC Flushing Financial Corp. | Sold out | 0.00% | −0.11 |
| PG The Procter & Gamble Co. | Reduce -1.8% | 0.70% | −0.10 |
| HD Home Depot Inc. | Reduce -0.9% | 1.53% | −0.10 |
| EQT Eqt Corp. | Reduce -12.1% | 0.97% | −0.10 |
| SWIM Latham Group Inc. | Reduce -18.9% | 0.31% | −0.10 |
| XYLD Global X S&P 500 Cove Call E | Reduce -0.7% | 1.19% | −0.09 |
| FFWM First Foundation Inc. | Sold out | 0.00% | −0.08 |
| EFSI Eagle Financial Services Inc. | Reduce -2.1% | 0.47% | −0.07 |
| WTRG Essential Utilities Inc. | Reduce -12.1% | 0.25% | −0.07 |
| AWR American States Water Co. | Reduce -17.0% | 0.22% | −0.07 |
| PAGP Plains GP Holdings LP | Reduce -3.3% | 0.33% | −0.07 |
| FOLD Amicus Therapeutics Inc. | Reduce -46.8% | 0.03% | −0.06 |
| MCD McDonald's Corp. | Reduce -1.5% | 0.42% | −0.06 |
| GLDD Great Lakes Dredge & Dock Co. | Sold out | 0.00% | −0.06 |
| JEPI JPMorgan Equity Premium Inco | Reduce -0.3% | 0.89% | −0.06 |
| WTTR Select Water Solutions Inc. | Reduce -13.9% | 0.11% | −0.06 |
| JNJ Johnson & Johnson | Reduce -2.6% | 0.32% | −0.06 |
| CWT California Water Service Grp | Reduce -10.2% | 0.21% | −0.05 |
| KVUE Kenvue Inc. | Reduce -3.6% | 0.20% | −0.05 |
| MDT Medtronic PLC | Reduce -20.1% | 0.13% | −0.05 |
| PFE Pfizer Inc. | Reduce -1.0% | 0.40% | −0.04 |
| MNSB Mainstreet Bancshares Inc. | Reduce -27.9% | 0.15% | −0.04 |
| OTIS Otis Worldwide Corp. | Reduce -3.2% | 0.31% | −0.04 |
| IXJ iShares Global Healthcare Et | Reduce -1.4% | 0.31% | −0.04 |
| LESLIES INC | Reduce -40.5% | 0.01% | −0.03 |
| BCAL California Bancorp | Reduce -18.3% | 0.14% | −0.02 |
| PFS Provident Financial Services | Reduce -1.6% | 0.35% | −0.02 |
| V Visa Inc. Class A | Reduce -5.5% | 0.16% | −0.02 |
| LNG Cheniere Energy Inc. | Reduce 0.0% | 6.71% | −0.02 |
| QYLD Global X Nasd 100 Cov Call | Reduce -0.3% | 0.28% | −0.01 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -0.4% | 0.30% | −0.01 |
| FTF Franklin Ltd. Dur Inc. TR | Reduce -17.0% | 0.04% | −0.01 |
| BDJ BlackRock Enhanced Eqty DVD | Reduce -6.3% | 0.13% | −0.01 |
| MCN Xai Madison Equity Premium I | Reduce -11.7% | 0.06% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| MSFT Microsoft Corp. | Add +0.7% | 3.58% | +0.75 |
| NVDA Nvidia Corp. | Add +16.3% | 1.91% | +0.72 |
| AMZN Amazon.com Inc. | Add +5.6% | 3.56% | +0.48 |
| NEXT Nextdecade Corp. | Add +40.6% | 1.12% | +0.39 |
| SCHB Schwab US Broad Market ETF | Add +20.7% | 1.82% | +0.38 |
| GTLS Chart Industries Inc. | New | 0.32% | +0.32 |
| VST Vistra Corp. | New | 0.26% | +0.26 |
| DKL Delek Logistics Partners LP | New | 0.26% | +0.26 |
| BAC Bank of America Corp. | New | 0.19% | +0.19 |
| ITA iShares U.S. Aerospace & Def | New | 0.17% | +0.17 |
| SBS Cia Saneamento Basico DE-ADR | New | 0.17% | +0.17 |
| LMT Lockheed Martin Corp. | New | 0.17% | +0.17 |
| PLTR Palantir Technologies Inc. Class A | New | 0.15% | +0.15 |
| IYW iShares Ustechnology ETF | New | 0.15% | +0.15 |
| VLTO Veralto Corp. | Add +89.4% | 0.30% | +0.14 |
| QQQI Neos Nasdaq-100 High Inc. ETF | New | 0.13% | +0.13 |
| JEPQ JPM Nasdaq Equity Premium | Add +73.0% | 0.31% | +0.13 |
| CLMT Calumet Inc. | Add +31.9% | 0.36% | +0.13 |
| TTEK Tetra Tech Inc. | Add +52.8% | 0.29% | +0.13 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.11% | +0.11 |
| TT Trane Technologies PLC | New | 0.11% | +0.11 |
| META Meta Platforms Inc. Class A | New | 0.11% | +0.11 |
| DIS The Walt Disney Co. | Add +0.4% | 0.66% | +0.11 |
| C Citigroup Inc. | Add +61.8% | 0.23% | +0.11 |
| XLI SS Industrial Select Sector | Add +26.8% | 0.38% | +0.10 |
| DVAX Dynavax Technologies Corp. | New | 0.09% | +0.09 |
| GEL Genesis Energy L.P. | Add +1.0% | 1.71% | +0.08 |
| CNM Core & Main Inc. Class A | Add +30.8% | 0.19% | +0.07 |
| WMB Williams Cos Inc. | Add +1.3% | 6.15% | +0.06 |
| PNR Pentair PLC | Add +23.0% | 0.21% | +0.06 |
| CWCO Consolidated Water Co.-Ord SH | Add +23.3% | 0.17% | +0.05 |
| NGL NGL Energy Partners LP | Add +26.1% | 0.44% | +0.05 |
| MAR Marriott International Class A | Add +0.2% | 0.54% | +0.04 |
| BAH Booz Allen Hamilton Holdings | Add +20.0% | 0.33% | +0.04 |
| DTM DT Midstream Inc. | Add +16.2% | 0.18% | +0.04 |
| WMS Advanced Drainage Systems Inc. | Add +11.0% | 0.33% | +0.03 |
| WMT Walmart Inc. | Add +0.4% | 0.23% | +0.01 |
| SPYI Neos S&P 500 High Income ETF | Add +5.2% | 0.27% | +0.01 |
| LCTX Lineage Cell Therapeutics Inc. | Add +8.7% | 0.01% | +0.00 |
| HTO H2O America | Add +13.5% | 0.13% | +0.00 |
| CWEN Clearway Energy Inc. Class C | Add +0.7% | 0.13% | +0.00 |
| KMI Kinder Morgan Inc. | Add +1.6% | 0.23% | −0.00 |
| MRK Merck & Co. Inc. | Add +17.5% | 0.12% | −0.00 |
| KO The Coca-Cola Co. | Add +4.9% | 0.28% | −0.01 |
| DSL Doubleline Income Solutions | Add +2.0% | 0.10% | −0.01 |
| HESM Hess Midstream LP Class A | Add +0.5% | 0.34% | −0.05 |
| STZ Constellation Brands Inc. Class A | Add +3.0% | 0.34% | −0.05 |
| WES Western Midstream Partners L | Add +6.5% | 1.22% | −0.06 |
| NEE Nextera Energy Inc. | Add +0.1% | 0.89% | −0.07 |
| SUN Sunoco LP | Add +0.4% | 0.74% | −0.10 |
Notes & Other Activity Q1 2025 → Q2 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +56.9% | 262 | $308K |
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 |