ELCO Management Co., LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 24, 2026), ELCO Management Co., LLC reported 170 stock positions worth $208.4 million. Its top holding was Williams Cos (WMB) at 6.4% of the portfolio, followed by Cheniere Energy (LNG, 6.3%) and Targa Resources (TRGP, 5.9%). Compared with Q4 2025, it opened 23 new positions, sold out of 9, added to 53 and reduced 56. The biggest buy was Targa Resources (TRGP, shares +97%) and the biggest sale Alphabet Class C (GOOG, shares −4%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001690717
Portfolio Value
$208.4M (Q1 2026)
SEC Filing
0002085853-26-000480 ↗ filed Apr 24, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $163.8M Q1 2024 Q2 2024: $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 $208.4M Q1 2026 Q2 2026: $231.9M Q2 2026

Holdings 170 stocks · $208.4M
WMB Williams Cos Inc. 6.35% 181,958 $13.2M Add +38.8%
LNG Cheniere Energy Inc. 6.27% 46,057 $13.1M Add +48.1%
TRGP Targa Resources Corp. 5.94% 49,405 $12.4M Add +96.7%
ET Energy Transfer LP 4.61% 497,579 $9.6M Add +81.5%
AAPL Apple Inc. 3.59% 29,459 $7.5M Reduce -1.0%
GOOG Alphabet Inc. Class C 3.47% 25,211 $7.2M Reduce -3.8%
AMZN Amazon.com Inc. 2.93% 29,302 $6.1M Reduce -1.9%
NVDA Nvidia Corp. 2.60% 31,096 $5.4M Add +50.0%
MSFT Microsoft Corp. 2.57% 14,465 $5.4M Add +9.9%
SCHB Schwab US Broad Market ETF 2.57% 213,156 $5.4M Add +7.2%
SPY SS SPDR S&P 500 ETF Trust-US 2.43% 7,796 $5.1M Add +22.3%
MPLX MPLX LP 2.25% 82,237 $4.7M Add +215.3%
HXL Hexcel Corp. 2.20% 56,648 $4.6M Add +25.6%
ABBV Abbvie Inc. 1.79% 17,124 $3.7M Reduce -0.3%
PAA Plains All Amer Pipeline LP 1.71% 159,567 $3.6M Add +892.4%
GEL Genesis Energy L.P. 1.45% 170,033 $3.0M Add +256.5%
JPM JPMorgan Chase & Co. 1.24% 8,764 $2.6M Add +0.8%
HD Home Depot Inc. 1.18% 7,448 $2.4M Reduce -1.7%
NGL NGL Energy Partners LP 1.13% 191,580 $2.4M New
HUBB Hubbell Inc. 1.04% 4,398 $2.2M Reduce -2.9%
NEE Nextera Energy Inc. 1.02% 22,893 $2.1M Add +6.1%
RTX RTX Corp. 1.02% 11,006 $2.1M Reduce -3.1%
WES Western Midstream Partners L 0.99% 50,149 $2.1M New
EQT Eqt Corp. 0.96% 31,493 $2.0M Add +253.7%
EPD Enterprise Products Partners 0.93% 51,294 $1.9M Add +129.9%
XYLD Global X S&P 500 Cove Call E 0.89% 47,400 $1.9M Reduce -1.9%
GLW Corning Inc. 0.87% 13,261 $1.8M Reduce -7.3%
AWK American Water Works Co. Inc. 0.86% 13,179 $1.8M Add +13.6%
ABT Abbott Laboratories 0.85% 17,272 $1.8M No change
SUN Sunoco LP 0.84% 27,094 $1.8M Reduce -2.5%
NEXT Nextdecade Corp. 0.84% 228,336 $1.7M Add +112.2%
HON Honeywell International Inc. 0.83% 7,675 $1.7M Reduce -2.6%
JEPI JPMorgan Equity Premium Inco 0.79% 28,900 $1.6M Reduce -0.3%
CLMT Calumet Inc. 0.67% 39,120 $1.4M Add +275.4%
ICE Intercontinental Exchange Inc. 0.67% 8,823 $1.4M No change
PG The Procter & Gamble Co. 0.59% 8,500 $1.2M Add +1.6%
JNJ Johnson & Johnson 0.58% 4,906 $1.2M Reduce -2.0%
CL Colgate-Palmolive Co. 0.55% 13,501 $1.2M No change
XLK SS Technology Select Sector 0.54% 8,430 $1.1M Add +0.3%
MAR Marriott International Class A 0.53% 3,366 $1.1M Reduce -3.0%
PRI Primerica Inc. 0.48% 4,000 $1.0M No change
UBER Uber Technologies Inc. 0.47% 13,677 $984K Add +10.5%
FRST Primis Financial Corp. 0.46% 72,331 $961K Add +11.1%
VBNK Versabank 0.46% 67,287 $953K Reduce -4.3%
SPYI Neos S&P 500 High Income ETF 0.45% 19,125 $944K Add +75.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.45% 9,671 $932K Add +4.3%
PPA Invesco Aerospace & Defense 0.45% 5,599 $928K No change
XYL Xylem Inc. 0.43% 7,578 $906K Add +8.8%
GOOGL Alphabet Inc. Class A 0.43% 3,149 $906K Add +12.9%
MCD McDonald's Corp. 0.43% 2,860 $889K Reduce -2.4%
BX Blackstone Inc. 0.42% 7,659 $881K New
OKE Oneok Inc. 0.41% 9,426 $852K Add +4.3%
CSX CSX Corp. 0.41% 20,719 $851K Reduce -2.4%
XLI SS Industrial Select Sector 0.39% 4,980 $805K No change
BA The Boeing Co. 0.38% 4,024 $801K Reduce -28.2%
ILMN Illumina Inc. 0.37% 6,278 $774K Reduce -12.5%
DFAU Dimensional US Core Equity M 0.37% 17,012 $768K Reduce -0.2%
CMI Cummins Inc. 0.37% 1,425 $767K Reduce -4.0%
PFE Pfizer Inc. 0.36% 26,813 $753K Reduce -2.5%
EQBK Equity Bancshares Inc. Class A 0.35% 16,475 $732K No change
CACI Caci International Inc. Class A 0.35% 1,340 $729K New
CARR Carrier Global Corp. 0.34% 12,514 $705K Reduce -3.2%
BIT BlackRock Multi-Sector Inc. 0.32% 53,775 $673K Add +14.8%
PFS Provident Financial Services 0.32% 31,738 $672K Reduce -2.3%
VST Vistra Corp. 0.32% 4,393 $660K Add +52.8%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.30% 11,375 $632K No change
NI Nisource Inc. 0.30% 13,303 $621K Add +0.7%
IXJ iShares Global Healthcare Et 0.30% 6,627 $620K Reduce -1.2%
XETYX Eaton Vance Tax-MGD Div Eqty 0.29% 44,387 $612K Reduce -2.2%
VLTO Veralto Corp. 0.28% 6,629 $586K Reduce -24.6%
XLG Invesco S&P 500 Top 50 ETF 0.25% 9,650 $526K Reduce -1.0%
WMT Walmart Inc. 0.25% 4,233 $526K Reduce -0.8%
PAGP Plains GP Holdings LP 0.25% 21,460 $521K Add +0.8%
XIFR XPLR Infrastructure LP 0.25% 48,198 $512K New
DKL Delek Logistics Partners LP 0.24% 10,194 $507K New
BAH Booz Allen Hamilton Holdings 0.24% 6,500 $507K Add +30.0%
KO The Coca-Cola Co. 0.24% 6,666 $507K Reduce -2.9%
QQQI Neos Nasdaq-100 High Inc. ETF 0.24% 10,200 $507K No change
SRE Sempra 0.24% 5,168 $502K Reduce -7.2%
MNSB Mainstreet Bancshares Inc. 0.24% 22,312 $495K No change
NPB Northpointe Bancshares Inc. 0.23% 28,344 $489K New
LMT Lockheed Martin Corp. 0.23% 802 $485K New
AWR American States Water Co. filed as AMER STATES WTR CO 0.23% 6,297 $476K Add +45.4%
WTRG Essential Utilities Inc. 0.23% 11,743 $473K Add +43.7%
BCAL California Bancorp 0.22% 25,924 $459K Add +159.2%
CNM Core & Main Inc. Class A 0.22% 9,161 $453K Add +51.2%
CBK Commercial Bancgroup Inc. 0.21% 17,189 $447K Reduce -13.5%
WTTR Select Water Solutions Inc. 0.21% 28,639 $438K Reduce -11.1%
BRK.B Berkshire Hathaway Inc. Class B 0.21% 895 $429K No change
KVUE Kenvue Inc. 0.20% 24,678 $425K Reduce -3.9%
DTM DT Midstream Inc. 0.20% 3,150 $424K No change
AXP American Express Co. 0.20% 1,400 $423K No change
KMI Kinder Morgan Inc. 0.20% 12,542 $421K Add +6.3%
XLF SS Financial Select Sector 0.20% 8,505 $420K No change
C Citigroup Inc. 0.20% 3,700 $420K No change
OTIS Otis Worldwide Corp. 0.20% 5,416 $417K Reduce -3.1%
SGOV iShares 0-3 Month Treasury B 0.20% 4,050 $408K Reduce -22.1%
YORW York Water Co. filed as YORK WTR CO 0.19% 13,176 $401K Add +15.6%
PNR Pentair PLC 0.19% 4,594 $400K Add +49.8%
IMAX Imax Corp. 0.19% 10,500 $399K No change
HESM Hess Midstream LP Class A 0.19% 10,260 $399K Add +63.0%
USCB Uscb Financial Holdings Inc. 0.19% 21,440 $397K Add +24.4%
QYLD Global X Nasd 100 Cov Call 0.18% 22,400 $384K Reduce -4.3%
ITA iShares U.S. Aerospace & Def 0.18% 1,750 $383K Add +16.7%
MRK Merck & Co. Inc. 0.18% 3,122 $376K Reduce -0.6%
CSQ Calamos Strat TTL RTRN FND 0.18% 21,423 $367K Reduce -0.9%
MYFW First Western Financial Inc. 0.17% 14,746 $362K No change
WMS Advanced Drainage Systems Inc. 0.17% 2,608 $358K Add +24.5%
KBWB Invesco KBW Bank ETF 0.17% 4,500 $356K Add +50.0%
XLV SS Health Care Select Sector 0.17% 2,411 $353K No change
SUNC Sunococorp LLC 0.16% 5,550 $342K New
SRLN SS Blackstone Sr Loan ETF 0.16% 8,400 $337K Reduce -20.8%
CWEN Clearway Energy Inc. Class C 0.16% 8,575 $337K Reduce -2.5%
PLTR Palantir Technologies Inc. Class A 0.16% 2,295 $336K Add +5.5%
IYW iShares Ustechnology ETF 0.16% 1,800 $327K New
TTEK Tetra Tech Inc. 0.15% 10,593 $319K Reduce -22.7%
META Meta Platforms Inc. Class A 0.15% 555 $318K Add +68.2%
POOL Pool Corp. 0.15% 1,565 $317K Reduce -43.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.15% 6,448 $314K Reduce -4.2%
SWIM Latham Group Inc. 0.15% 58,104 $312K Reduce -21.0%
ETJ Eaton Vance RSK-MGD Divers 0.15% 38,143 $312K Reduce -8.5%
SFST Southern First Bancshares 0.15% 5,582 $304K No change
QCOM Qualcomm Inc. 0.15% 2,362 $304K Add +0.5%
LOW Lowe's Cos Inc. 0.14% 1,260 $298K No change
COSO Coastal South Bancshares Inc. 0.14% 12,031 $296K Add +23.2%
LLY Eli Lilly & Co. 0.14% 319 $293K New
CWT California Water Service Grp 0.14% 6,463 $293K No change
XOM Exxon Mobil Corp. 0.14% 1,710 $290K No change
PROP Prairie Operating Co. 0.14% 141,821 $288K Add +241.2%
UTG Reaves Utility Income Fund 0.14% 7,250 $285K No change
OLED Universal Display Corp. 0.13% 3,000 $275K No change
SBS Cia Saneamento Basico DE-ADR filed as COMPANHIA DE SANEAMENTO BASI 0.13% 8,907 $272K Reduce -33.1%
HTO H2O America 0.13% 4,472 $262K Reduce -20.0%
FAST Fastenal Co. 0.13% 5,630 $261K No change
DE Deere & Co. 0.12% 460 $259K No change
COF Capital One Financial Corp. 0.12% 1,407 $257K New
QXO Qxo Inc. 0.12% 13,021 $253K Reduce -5.8%
MA Mastercard Inc. Class A 0.12% 495 $247K No change
ARTNA Artesian Resources Corp. Class A 0.12% 7,765 $247K Add +10.5%
V Visa Inc. Class A 0.12% 818 $247K Add +3.8%
BBT Beacon Financial Corp. 0.12% 8,236 $247K New
AVBH Avidbank Holdings Inc. 0.12% 8,591 $245K No change
QTUM Defiance Quantum ETF 0.12% 2,255 $242K Reduce -0.2%
UTHR United Therapeutics Corp. 0.12% 406 $241K New
ECL Ecolab Inc. 0.11% 891 $237K No change
QQQ Invesco QQQ Trust Series 1 0.11% 406 $234K Add +5.2%
XLY SS Consumer Disc Select Sect 0.11% 2,150 $234K Reduce -31.8%
AMTB Amerant Bancorp Inc. 0.11% 10,497 $231K Reduce -11.8%
COP Conocophillips 0.11% 1,750 $231K New
CWBC Community West Bancshares 0.11% 9,796 $228K New
CIVB Civista Bancshares Inc. 0.11% 10,000 $228K No change
VIG Vanguard Dividend Apprec ETF 0.11% 1,040 $224K No change
MRBK Meridian Corp. 0.11% 11,722 $222K No change
ISTR Investar Holding Corp. 0.11% 8,037 $219K No change
VMI Valmont Industries 0.10% 545 $218K Reduce -15.5%
XLE SS Energy Select Sector 0.10% 3,500 $214K New
BDJ BlackRock Enhanced Eqty DVD 0.10% 24,863 $214K Reduce -0.4%
MDT Medtronic PLC 0.10% 2,419 $210K No change
TT Trane Technologies PLC 0.10% 490 $204K New
CEG Constellation Energy 0.10% 725 $202K New
SHBI Shore Bancshares Inc. 0.09% 10,151 $190K No change
MCHB Mechanics Bancorp Class A 0.09% 12,724 $188K Reduce -61.2%
ARCC Ares Capital Corp. 0.09% 10,013 $180K No change
FFWM First Foundation Inc. 0.08% 27,124 $160K New
GWRS Global Water Resources Inc. 0.08% 20,773 $158K Reduce -9.7%
BKT BlackRock Income Trust 0.07% 13,800 $146K New
ALOY Realloys Inc. 0.05% 10,000 $98K New
SLS Sellas Life Sciences Group I 0.03% 14,609 $62K No change
LCTX Lineage Cell Therapeutics Inc. 0.02% 20,500 $32K No change
EPOW E-Power Inc. 0.00% 10,000 $8K New

Portfolio Sells Q4 2025 → Q1 2026
GOOG Alphabet Inc. Class C Reduce -3.8% 3.47% −1.71
AAPL Apple Inc. Reduce -1.0% 3.59% −1.51
AMZN Amazon.com Inc. Reduce -1.9% 2.93% −1.42
ABBV Abbvie Inc. Reduce -0.3% 1.79% −0.69
HD Home Depot Inc. Reduce -1.7% 1.18% −0.47
BA The Boeing Co. Reduce -28.2% 0.38% −0.38
XYLD Global X S&P 500 Cove Call E Reduce -1.9% 0.89% −0.35
RTX RTX Corp. Reduce -3.1% 1.02% −0.29
IWM iShares Russell 2000 ETF Sold out 0.00% −0.27
VLTO Veralto Corp. Reduce -24.6% 0.28% −0.27
JEPI JPMorgan Equity Premium Inco Reduce -0.3% 0.79% −0.26
POOL Pool Corp. Reduce -43.4% 0.15% −0.25
HUBB Hubbell Inc. Reduce -2.9% 1.04% −0.23
ILMN Illumina Inc. Reduce -12.5% 0.37% −0.22
MCHB Mechanics Bancorp Class A Reduce -61.2% 0.09% −0.21
CWCO Consolidated Water Co.-Ord SH Sold out 0.00% −0.21
VBNK Versabank Reduce -4.3% 0.46% −0.21
ITB iShares U.S. Home Constructi Sold out 0.00% −0.16
MAR Marriott International Class A Reduce -3.0% 0.53% −0.15
DCOM Dime Commercial Bancshares I Sold out 0.00% −0.15
XETYX Eaton Vance Tax-MGD Div Eqty Reduce -2.2% 0.29% −0.15
SWIM Latham Group Inc. Reduce -21.0% 0.15% −0.14
MCD McDonald's Corp. Reduce -2.4% 0.43% −0.14
HON Honeywell International Inc. Reduce -2.6% 0.83% −0.14
TTEK Tetra Tech Inc. Reduce -22.7% 0.15% −0.14
DFAU Dimensional US Core Equity M Reduce -0.2% 0.37% −0.13
SGOV iShares 0-3 Month Treasury B Reduce -22.1% 0.20% −0.13
HACK Amplify Cybersecurity ETF Sold out 0.00% −0.13
CVS CVS Health Corp. Sold out 0.00% −0.13
XLY SS Consumer Disc Select Sect Reduce -31.8% 0.11% −0.12
DVAX Dynavax Technologies Corp. Sold out 0.00% −0.12
IXJ iShares Global Healthcare Et Reduce -1.2% 0.30% −0.11
SRLN SS Blackstone Sr Loan ETF Reduce -20.8% 0.16% −0.11
XLG Invesco S&P 500 Top 50 ETF Reduce -1.0% 0.25% −0.11
CMI Cummins Inc. Reduce -4.0% 0.37% −0.11
OTIS Otis Worldwide Corp. Reduce -3.1% 0.20% −0.11
CBK Commercial Bancgroup Inc. Reduce -13.5% 0.21% −0.09
CARR Carrier Global Corp. Reduce -3.2% 0.34% −0.09
CSQ Calamos Strat TTL RTRN FND Reduce -0.9% 0.18% −0.09
BAC Bank of America Corp. Reduce -4.2% 0.15% −0.08
ETJ Eaton Vance RSK-MGD Divers Reduce -8.5% 0.15% −0.08
PFS Provident Financial Services Reduce -2.3% 0.32% −0.08
JNJ Johnson & Johnson Reduce -2.0% 0.58% −0.08
CSX CSX Corp. Reduce -2.4% 0.41% −0.08
XEVGX Eaton Vance Short Dur Div Inc. Sold out 0.00% −0.08
QYLD Global X Nasd 100 Cov Call Reduce -4.3% 0.18% −0.08
KVUE Kenvue Inc. Reduce -3.9% 0.20% −0.07
SUN Sunoco LP Reduce -2.5% 0.84% −0.07
PFE Pfizer Inc. Reduce -2.5% 0.36% −0.07
SBS Cia Saneamento Basico DE-ADR Reduce -33.1% 0.13% −0.07

Portfolio Buys Q4 2025 → Q1 2026
TRGP Targa Resources Corp. Add +96.7% 5.94% +3.02
LNG Cheniere Energy Inc. Add +48.1% 6.27% +2.46
ET Energy Transfer LP Add +81.5% 4.61% +1.76
PAA Plains All Amer Pipeline LP Add +892.4% 1.71% +1.53
WMB Williams Cos Inc. Add +38.8% 6.35% +1.39
MPLX MPLX LP Add +215.3% 2.25% +1.37
NGL NGL Energy Partners LP New 1.13% +1.13
WES Western Midstream Partners L New 0.99% +0.99
GEL Genesis Energy L.P. Add +256.5% 1.45% +0.99
EQT Eqt Corp. Add +253.7% 0.96% +0.66
CLMT Calumet Inc. Add +275.4% 0.67% +0.54
NEXT Nextdecade Corp. Add +112.2% 0.84% +0.48
EPD Enterprise Products Partners Add +129.9% 0.93% +0.48
BX Blackstone Inc. New 0.42% +0.42
CACI Caci International Inc. Class A New 0.35% +0.35
XIFR XPLR Infrastructure LP New 0.25% +0.25
DKL Delek Logistics Partners LP New 0.24% +0.24
NPB Northpointe Bancshares Inc. New 0.23% +0.23
LMT Lockheed Martin Corp. New 0.23% +0.23
NVDA Nvidia Corp. Add +50.0% 2.60% +0.16
SUNC Sunococorp LLC New 0.16% +0.16
IYW iShares Ustechnology ETF New 0.16% +0.16
LLY Eli Lilly & Co. New 0.14% +0.14
COF Capital One Financial Corp. New 0.12% +0.12
BBT Beacon Financial Corp. New 0.12% +0.12
UTHR United Therapeutics Corp. New 0.12% +0.12
COP Conocophillips New 0.11% +0.11
CWBC Community West Bancshares New 0.11% +0.11
XLE SS Energy Select Sector New 0.10% +0.10
BCAL California Bancorp Add +159.2% 0.22% +0.10
HXL Hexcel Corp. Add +25.6% 2.20% +0.10
TT Trane Technologies PLC New 0.10% +0.10
CEG Constellation Energy New 0.10% +0.10
PROP Prairie Operating Co. Add +241.2% 0.14% +0.09
SPYI Neos S&P 500 High Income ETF Add +75.1% 0.45% +0.09
FFWM First Foundation Inc. New 0.08% +0.08
BKT BlackRock Income Trust New 0.07% +0.07
HESM Hess Midstream LP Class A Add +63.0% 0.19% +0.05
ALOY Realloys Inc. New 0.05% +0.05
AWR American States Water Co. Add +45.4% 0.23% +0.03
WTRG Essential Utilities Inc. Add +43.7% 0.23% +0.03
VST Vistra Corp. Add +52.8% 0.32% +0.02
CNM Core & Main Inc. Class A Add +51.2% 0.22% +0.02
META Meta Platforms Inc. Class A Add +68.2% 0.15% +0.01
KBWB Invesco KBW Bank ETF Add +50.0% 0.17% +0.01
EPOW E-Power Inc. New 0.00% +0.00
COSO Coastal South Bancshares Inc. Add +23.2% 0.14% −0.00
KMI Kinder Morgan Inc. Add +6.3% 0.20% −0.00
PAGP Plains GP Holdings LP Add +0.8% 0.25% −0.01
PNR Pentair PLC Add +49.8% 0.19% −0.01

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