Element Capital Management LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 11, 2025), Element Capital Management LLC reported 3 stock positions worth $40.9 million. Its top holding was Brown & Brown (BRO) at 67.7% of the portfolio, followed by Cme (CME, 20.2%) and SS SPDR S&P Homebldrs ETF (XHB, 12.0%). Compared with Q1 2025, it opened 1 new position, sold out of 144 and reduced 1. The biggest buy was a new position in Brown & Brown (BRO) and the biggest sale an exit from iShares Expanded Tech-Softwa (IGV).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001535630
Portfolio Value
$40.9M (Q2 2025)
SEC Filing
0000919574-25-004423 ↗ filed Aug 11, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $151.3M Q1 2024 Q2 2024: $1.3B Q2 2024 Q3 2024: $2.2B Q3 2024 Q4 2024: $10.1M Q4 2024 Q1 2025: $402.3M Q1 2025 Q2 2025: $40.9M $40.9M Q2 2025 Q3 2025: $70.6M Q3 2025 Q4 2025: $193.2M Q4 2025 Q1 2026: $255.1M Q1 2026 Q2 2026: $1.8B Q2 2026

Holdings 3 stocks · $40.9M
BRO Brown & Brown Inc. 67.74% 250,000 $27.7M New
CME Cme Group Inc. 20.21% 30,000 $8.3M Reduce -25.7%
XHB SS SPDR S&P Homebldrs ETF 12.05% 50,000 $4.9M No change

Portfolio Sells Q1 2025 → Q2 2025
IGV iShares Expanded Tech-Softwa Sold out 0.00% −0.88
AWK American Water Works Co. Inc. Sold out 0.00% −0.71
MO Altria Group Inc. Sold out 0.00% −0.70
ORLY O'reilly Automotive Inc. Sold out 0.00% −0.70
AZO AutoZone Inc. Sold out 0.00% −0.70
EBAY eBay Inc. Sold out 0.00% −0.70
SO The Southern Co. Sold out 0.00% −0.70
WMT Walmart Inc. Sold out 0.00% −0.70
WEC WEC Energy Group Inc. Sold out 0.00% −0.70
ATO Atmos Energy Corp. Sold out 0.00% −0.70
ED Consolidated Edison Inc. Sold out 0.00% −0.70
PAYX Paychex Inc. Sold out 0.00% −0.70
VZ Verizon Communications Inc. Sold out 0.00% −0.70
RLI Rli Corp. Sold out 0.00% −0.70
RGLD Royal Gold Inc. Sold out 0.00% −0.70
GILD Gilead Sciences Inc. Sold out 0.00% −0.70
JNJ Johnson & Johnson Sold out 0.00% −0.70
KR Kroger Co. Sold out 0.00% −0.69
PG The Procter & Gamble Co. Sold out 0.00% −0.69
VICI Vici Properties Inc. Sold out 0.00% −0.69
TW Tradeweb Markets Inc. Class A Sold out 0.00% −0.69
EW Edwards Lifesciences Corp. Sold out 0.00% −0.69
NEM Newmont Corp. Sold out 0.00% −0.69
SFM Sprouts Farmers Market Inc. Sold out 0.00% −0.69
VRSK Verisk Analytics Inc. Sold out 0.00% −0.69
V Visa Inc. Class A Sold out 0.00% −0.69
ADC Agree Realty Corp. Sold out 0.00% −0.69
MKC McCormick & Co.-Non VTG SHRS Sold out 0.00% −0.69
JKHY Jack Henry & Associates Inc. Sold out 0.00% −0.69
NNN NNN REIT Inc. Sold out 0.00% −0.69
TMUS T-Mobile US Inc. Sold out 0.00% −0.69
MNST Monster Beverage Corp. Sold out 0.00% −0.69
REG Regency Centers Corp. Sold out 0.00% −0.69
ZTS Zoetis Inc. Sold out 0.00% −0.69
ADP Automatic Data Processing Sold out 0.00% −0.68
OHI Omega Healthcare Investors Sold out 0.00% −0.68
LIN Linde PLC Sold out 0.00% −0.68
CHE Chemed Corp. Sold out 0.00% −0.68
RMD Resmed Inc. Sold out 0.00% −0.68
ANF Abercrombie & Fitch Co. Class A Sold out 0.00% −0.68
CINF Cincinnati Financial Corp. Sold out 0.00% −0.68
MKTX Marketaxess Holdings Inc. Sold out 0.00% −0.68
AFL Aflac Inc. Sold out 0.00% −0.68
FAST Fastenal Co. Sold out 0.00% −0.68
NYT New York Times Co. Class A Sold out 0.00% −0.68
IDXX Idexx Laboratories Inc. Sold out 0.00% −0.68
ECL Ecolab Inc. Sold out 0.00% −0.68
CTAS Cintas Corp. Sold out 0.00% −0.68
CTVA Corteva Inc. Sold out 0.00% −0.68
NFG National Fuel Gas Co. Sold out 0.00% −0.68

Portfolio Buys Q1 2025 → Q2 2025
BRO Brown & Brown Inc. New 67.74% +67.74

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 52$1.8BIVV, VOO, SPCX, DLR, SPY
Q1 2026 34$255.1MTMUS, WIX, META, SOLS, GOOG
Q4 2025 52$193.2MCOF, Q, KR, CME, HCA
Q3 2025 47$70.6MCME, COF, SNPS, UNP, XHB
Q2 2025 3$40.9MBRO, CME, XHB
Q1 2025 146$402.3MCME, XHB, IGV, AWK, MO
Q4 2024 4$10.1MCME, ORA, OIH, AS
Q3 2024 25$2.2BIVV, VOO, NVDA, META, BRK.B
Q2 2024 64$1.3BIVV, SPY, MSFT, AMZN, SBOW
Q1 2024 56$151.3MMTDR, KTOS, GRAB, CME, DAL