Gilman Hill Asset Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 16, 2025), Gilman Hill Asset Management, LLC reported 219 stock positions worth $574.4 million. Its top holding was iShares Select Dividend ETF (DVY) at 3.7% of the portfolio, followed by Kinetik (KNTK, 2.3%) and Bristol-Myers Squibb (BMY, 2.1%). Compared with Q3 2024, it opened 15 new positions, sold out of 20, added to 51 and reduced 102. The biggest buy was iShares Select Dividend ETF (DVY, shares +1439%) and the biggest sale an exit from Kohls (KSS).
- Most Recent 13F
- Q2 2026
- Location
- NEW CANAAN, CT
- CIK
- 0001551969
- Portfolio Value
- $574.4M (Q4 2024)
- SEC Filing
- 0001085146-25-000244 ↗ filed Jan 16, 2025
Holdings Value
Holdings 219 stocks · $574.4M
| DVY iShares Select Dividend ETF | 3.69% | 161,377 | $21.2M | Add +1439.1% |
| KNTK Kinetik Holdings Inc. | 2.30% | 233,153 | $13.2M | Reduce -4.7% |
| BMY Bristol-Myers Squibb Co. | 2.15% | 218,237 | $12.3M | Reduce -6.0% |
| VZ Verizon Communications Inc. | 2.10% | 300,929 | $12.0M | Reduce -6.1% |
| HTGC Hercules Capital Inc. | 2.02% | 577,158 | $11.6M | Reduce -3.4% |
| LAMR Lamar Advertising Co. Class A | 1.90% | 89,615 | $10.9M | Reduce -6.8% |
| SBRA Sabra Health Care REIT Inc. | 1.82% | 603,557 | $10.5M | Reduce -4.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.77% | 46,145 | $10.1M | Reduce -35.3% |
| CAG Conagra Brands Inc. | 1.70% | 350,862 | $9.7M | New |
| OGN Organon & Co. | 1.63% | 628,663 | $9.4M | Reduce -3.4% |
| D Dominion Energy Inc. | 1.60% | 170,280 | $9.2M | Add +0.3% |
| CWEN.A Clearway Energy Inc. Class A | 1.56% | 365,562 | $8.9M | Add +3.8% |
| WHR Whirlpool Corp. | 1.54% | 77,057 | $8.8M | Reduce -7.4% |
| NNN NNN REIT Inc. | 1.53% | 214,915 | $8.8M | Reduce -8.5% |
| PFE Pfizer Inc. | 1.53% | 330,904 | $8.8M | Add +18.5% |
| SWK Stanley Black & Decker Inc. | 1.52% | 108,543 | $8.7M | Add +28.0% |
| CODI Compass Diversified Holdings | 1.50% | 374,372 | $8.6M | Reduce -4.0% |
| DEA Easterly Govt Pptys Inc. | 1.36% | 690,041 | $7.8M | Reduce -12.7% |
| ET Energy Transfer LP | 1.30% | 381,847 | $7.5M | Reduce -6.7% |
| COLB Columbia Banking System Inc. | 1.29% | 274,350 | $7.4M | Reduce -4.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.28% | 30,663 | $7.4M | Reduce -13.2% |
| DOCU Docusign Inc. | 1.26% | 80,422 | $7.2M | Reduce -2.5% |
| FISV Fiserv Inc. | 1.26% | 35,111 | $7.2M | Reduce -2.9% |
| PSTL Postal Realty Trust Inc. Class A | 1.24% | 545,625 | $7.1M | Reduce -3.5% |
| DOW Dow Inc. | 1.21% | 173,575 | $7.0M | Reduce -14.6% |
| UPS United Parcel Service Class B | 1.18% | 53,858 | $6.8M | Reduce -8.4% |
| KMI Kinder Morgan Inc. | 1.16% | 242,561 | $6.6M | Reduce -18.5% |
| OKE Oneok Inc. | 1.14% | 65,460 | $6.6M | Reduce -54.8% |
| EPD Enterprise Products Partners | 1.13% | 207,234 | $6.5M | Reduce -6.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.06% | 22,987 | $6.1M | Add +19.9% |
| MSFT Microsoft Corp. | 1.04% | 14,225 | $6.0M | Reduce -0.9% |
| MPLX MPLX LP | 1.03% | 123,663 | $5.9M | Add +325.9% |
| VTR Ventas Inc. | 0.98% | 95,834 | $5.6M | Reduce -3.2% |
| WMB Williams Cos Inc. | 0.95% | 100,422 | $5.4M | Reduce -30.7% |
| META Meta Platforms Inc. Class A | 0.94% | 9,237 | $5.4M | Reduce -3.9% |
| AMBP Ardagh Metal Packaging SA | 0.93% | 1,782,782 | $5.4M | Reduce -0.8% |
| FCX Freeport-McMoran Inc. | 0.90% | 135,435 | $5.2M | Reduce -2.4% |
| FLNG Flex LNG Ltd. | 0.90% | 224,480 | $5.1M | Reduce -21.8% |
| CSCO Cisco Systems Inc. | 0.87% | 84,664 | $5.0M | Reduce -1.9% |
| WU Western Union Co. | 0.87% | 472,826 | $5.0M | Reduce -21.2% |
| SCHW Schwab (charles) Corp. | 0.86% | 67,003 | $5.0M | Reduce -2.7% |
| MAR Marriott International Class A | 0.85% | 17,513 | $4.9M | Reduce -1.1% |
| DVN Devon Energy Corp. | 0.85% | 148,502 | $4.9M | New |
| AXP American Express Co. | 0.84% | 16,274 | $4.8M | Reduce -25.3% |
| XPO Xpo Inc. | 0.83% | 36,517 | $4.8M | Add +0.8% |
| HMC Honda Motor Co. Ltd.-Spons ADR | 0.83% | 167,140 | $4.8M | New |
| SBLK Star Bulk Carriers Corp. | 0.83% | 319,098 | $4.8M | Reduce -21.7% |
| AMT American Tower Corp. | 0.81% | 25,436 | $4.7M | Reduce -2.5% |
| AAPL Apple Inc. | 0.78% | 17,823 | $4.5M | Reduce -3.4% |
| UBER Uber Technologies Inc. | 0.75% | 71,216 | $4.3M | Add +2.2% |
| WPP WPP PLC-Sponsored ADR | 0.73% | 81,212 | $4.2M | Add +2.4% |
| SYY Sysco Corp. | 0.71% | 53,697 | $4.1M | Add +0.7% |
| URI United Rentals Inc. | 0.71% | 5,821 | $4.1M | Reduce -3.4% |
| UL Unilever PLC | 0.71% | 71,972 | $4.1M | Add +11.4% |
| IX Orix - Sponsored ADR filed as ORIX CORP | 0.68% | 36,590 | $3.9M | Add +8.2% |
| RIO Rio Tinto PLC-Spon ADR | 0.67% | 65,287 | $3.8M | Reduce -2.0% |
| KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC | 0.67% | 67,138 | $3.8M | Add +1.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.66% | 33,916 | $3.8M | Reduce -2.6% |
| GXO Gxo Logistics Inc. | 0.65% | 86,385 | $3.8M | Reduce -12.7% |
| REGN Regeneron Pharmaceuticals | 0.65% | 5,203 | $3.7M | Add +1.1% |
| TTE Totalenergies SE -Spon ADR | 0.63% | 66,681 | $3.6M | Reduce -15.3% |
| TRIP Tripadvisor Inc. | 0.63% | 245,912 | $3.6M | New |
| CARR Carrier Global Corp. | 0.62% | 52,549 | $3.6M | Add +3.0% |
| SHEL Shell PLC-ADR | 0.62% | 56,828 | $3.6M | Reduce -3.7% |
| TMO Thermo Fisher Scientific Inc. | 0.61% | 6,755 | $3.5M | Add +4.2% |
| MDT Medtronic PLC | 0.58% | 41,924 | $3.3M | Add +2.5% |
| MTRN Materion Corp. | 0.58% | 33,662 | $3.3M | Add +0.9% |
| CCI Crown Castle Inc. | 0.57% | 35,944 | $3.3M | Reduce -10.1% |
| NVDA Nvidia Corp. | 0.56% | 24,025 | $3.2M | Add +5.6% |
| RSP Invesco S&P 500 Equal Weight | 0.54% | 17,842 | $3.1M | Add +93.6% |
| SWKS Skyworks Solutions Inc. | 0.53% | 34,476 | $3.1M | Reduce -10.8% |
| SMFG Sumitomo Mitsui-Spons ADR | 0.53% | 208,594 | $3.0M | Add +0.6% |
| TER Teradyne Inc. | 0.52% | 23,927 | $3.0M | Add +6.5% |
| NOC Northrop Grumman Corp. | 0.52% | 6,340 | $3.0M | Reduce -3.8% |
| AIN Albany Intl Corp. Class A | 0.52% | 37,188 | $3.0M | Reduce -9.8% |
| ZBH Zimmer Biomet Holdings Inc. | 0.52% | 28,039 | $3.0M | Reduce -2.1% |
| APTV Aptiv PLC | 0.48% | 45,875 | $2.8M | Add +169.1% |
| GOOG Alphabet Inc. Class C | 0.46% | 14,015 | $2.7M | Reduce -2.4% |
| KMX Carmax Inc. | 0.46% | 32,362 | $2.6M | Add +2.6% |
| IWR iShares Russell Mid-Cap ETF | 0.46% | 29,930 | $2.6M | Reduce -19.7% |
| MDY State Street SPDR S&P Midcap | 0.45% | 4,548 | $2.6M | Reduce -0.2% |
| JNJ Johnson & Johnson | 0.44% | 17,634 | $2.6M | Add +23.0% |
| EG Everest Group Ltd. | 0.44% | 6,908 | $2.5M | Reduce -1.4% |
| ABBV Abbvie Inc. | 0.43% | 13,930 | $2.5M | No change |
| AMZN Amazon.com Inc. | 0.42% | 11,029 | $2.4M | Reduce -1.5% |
| NGG National Grid PLC-SP ADR | 0.39% | 38,103 | $2.3M | Reduce -6.7% |
| JBLU Jetblue Airways Corp. | 0.39% | 281,375 | $2.2M | Reduce -4.4% |
| GSK GSK PLC-Spon ADR | 0.38% | 64,262 | $2.2M | Reduce -4.7% |
| VNQ Vanguard Real Estate ETF | 0.38% | 24,370 | $2.2M | Add +0.1% |
| TSLX Sixth Street Specialty Lendi | 0.34% | 92,656 | $2.0M | New |
| EFA iShares MSCI Eafe ETF | 0.33% | 24,877 | $1.9M | Add +268.9% |
| GOOGL Alphabet Inc. Class A | 0.31% | 9,440 | $1.8M | Reduce -2.9% |
| VEU Vanguard Ftse All-World Ex-U | 0.30% | 30,480 | $1.7M | Reduce -1.5% |
| VWO Vanguard Ftse Emerging Marke | 0.30% | 38,994 | $1.7M | Reduce -25.9% |
| JPM JPMorgan Chase & Co. | 0.29% | 6,862 | $1.6M | Reduce -4.5% |
| PG The Procter & Gamble Co. | 0.27% | 9,291 | $1.6M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.26% | 2,520 | $1.5M | Reduce -0.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.26% | 33,534 | $1.5M | Add +225.7% |
| GLP Global Partners LP | 0.26% | 31,461 | $1.5M | No change |
| PAA Plains All Amer Pipeline LP | 0.25% | 83,215 | $1.4M | Reduce -2.6% |
Portfolio Sells Q3 2024 → Q4 2024
| KSS Kohls Corp. | Sold out | 0.00% | −1.18 |
| OKE Oneok Inc. | Reduce -54.8% | 1.14% | −1.06 |
| BGS B&G Foods Inc. | Sold out | 0.00% | −0.94 |
| IBM Intl Business Machines Corp. | Reduce -35.3% | 1.77% | −0.87 |
| SBLK Star Bulk Carriers Corp. | Reduce -21.7% | 0.83% | −0.78 |
| DOW Dow Inc. | Reduce -14.6% | 1.21% | −0.64 |
| OGN Organon & Co. | Reduce -3.4% | 1.63% | −0.45 |
| DEA Easterly Govt Pptys Inc. | Reduce -12.7% | 1.36% | −0.43 |
| LEA Lear Corp. | Sold out | 0.00% | −0.41 |
| NNN NNN REIT Inc. | Reduce -8.5% | 1.53% | −0.38 |
| FLNG Flex LNG Ltd. | Reduce -21.8% | 0.90% | −0.32 |
| WU Western Union Co. | Reduce -21.2% | 0.87% | −0.32 |
| VZ Verizon Communications Inc. | Reduce -6.1% | 2.10% | −0.31 |
| FCX Freeport-McMoran Inc. | Reduce -2.4% | 0.90% | −0.26 |
| INTC Intel Corp. | Sold out | 0.00% | −0.25 |
| LAMR Lamar Advertising Co. Class A | Reduce -6.8% | 1.90% | −0.25 |
| CCI Crown Castle Inc. | Reduce -10.1% | 0.57% | −0.22 |
| TTE Totalenergies SE -Spon ADR | Reduce -15.3% | 0.63% | −0.22 |
| GXO Gxo Logistics Inc. | Reduce -12.7% | 0.65% | −0.21 |
| AMT American Tower Corp. | Reduce -2.5% | 0.81% | −0.20 |
| AMBP Ardagh Metal Packaging SA | Reduce -0.8% | 0.93% | −0.20 |
| WMB Williams Cos Inc. | Reduce -30.7% | 0.95% | −0.16 |
| UPS United Parcel Service Class B | Reduce -8.4% | 1.18% | −0.16 |
| AXP American Express Co. | Reduce -25.3% | 0.84% | −0.15 |
| PSTL Postal Realty Trust Inc. Class A | Reduce -3.5% | 1.24% | −0.14 |
| SBRA Sabra Health Care REIT Inc. | Reduce -4.0% | 1.82% | −0.14 |
| PKX Posco Holdings Inc. -Spon ADR | Reduce -14.0% | 0.16% | −0.13 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -2.0% | 0.67% | −0.12 |
| VWO Vanguard Ftse Emerging Marke | Reduce -25.9% | 0.30% | −0.12 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -13.2% | 1.28% | −0.12 |
| SWKS Skyworks Solutions Inc. | Reduce -10.8% | 0.53% | −0.11 |
| URI United Rentals Inc. | Reduce -3.4% | 0.71% | −0.10 |
| AIN Albany Intl Corp. Class A | Reduce -9.8% | 0.52% | −0.10 |
| IWR iShares Russell Mid-Cap ETF | Reduce -19.7% | 0.46% | −0.09 |
| T AT&T Inc. | Reduce -56.3% | 0.07% | −0.08 |
| GSK GSK PLC-Spon ADR | Reduce -4.7% | 0.38% | −0.08 |
| TLT iShares 20+ Year Treasury BD | Reduce -34.0% | 0.13% | −0.08 |
| NGG National Grid PLC-SP ADR | Reduce -6.7% | 0.39% | −0.08 |
| VTR Ventas Inc. | Reduce -3.2% | 0.98% | −0.08 |
| EDV Vanguard Extended Dur Treas | Sold out | 0.00% | −0.07 |
| NOC Northrop Grumman Corp. | Reduce -3.8% | 0.52% | −0.06 |
| LHX L3HARRIS Technologies Inc. | Sold out | 0.00% | −0.05 |
| XIFR XPLR Infrastructure LP | Sold out | 0.00% | −0.05 |
| TXN Texas Instruments Inc. | Reduce -14.6% | 0.20% | −0.05 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.05 |
| DHR Danaher Corp. | Reduce -13.5% | 0.13% | −0.04 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.04 |
| AMGN Amgen Inc. | Sold out | 0.00% | −0.04 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -7.6% | 0.21% | −0.04 |
Portfolio Buys Q3 2024 → Q4 2024
| DVY iShares Select Dividend ETF | Add +1439.1% | 3.69% | +3.45 |
| CAG Conagra Brands Inc. | New | 1.70% | +1.70 |
| DVN Devon Energy Corp. | New | 0.85% | +0.85 |
| HMC Honda Motor Co. Ltd.-Spons ADR | New | 0.83% | +0.83 |
| MPLX MPLX LP | Add +325.9% | 1.03% | +0.81 |
| TRIP Tripadvisor Inc. | New | 0.63% | +0.63 |
| TSLX Sixth Street Specialty Lendi | New | 0.34% | +0.34 |
| APTV Aptiv PLC | Add +169.1% | 0.48% | +0.28 |
| RSP Invesco S&P 500 Equal Weight | Add +93.6% | 0.54% | +0.27 |
| EFA iShares MSCI Eafe ETF | Add +268.9% | 0.33% | +0.23 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +19.9% | 1.06% | +0.21 |
| BAC Bank of America Corp. | Add +225.7% | 0.26% | +0.19 |
| XPO Xpo Inc. | Add +0.8% | 0.83% | +0.18 |
| PFE Pfizer Inc. | Add +18.5% | 1.53% | +0.18 |
| EFV iShares MSCI Eafe Value ETF | Add +225.3% | 0.21% | +0.14 |
| NVDA Nvidia Corp. | Add +5.6% | 0.56% | +0.10 |
| MSTR Strategy Inc. | Add +50.1% | 0.15% | +0.10 |
| SMFG Sumitomo Mitsui-Spons ADR | Add +0.6% | 0.53% | +0.09 |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | Add +131.8% | 0.10% | +0.06 |
| JNJ Johnson & Johnson | Add +23.0% | 0.44% | +0.06 |
| KMX Carmax Inc. | Add +2.6% | 0.46% | +0.05 |
| WPP WPP PLC-Sponsored ADR | Add +2.4% | 0.73% | +0.05 |
| FBTC Fidelity Wise Origin Bitcoin | New | 0.05% | +0.05 |
| ENB Enbridge Inc. | New | 0.04% | +0.04 |
| IEF iShares 7-10 Year Treasury B | New | 0.04% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +23.6% | 0.19% | +0.04 |
| BLK BlackRock Inc. | New | 0.04% | +0.04 |
| COP Conocophillips | New | 0.04% | +0.04 |
| HON Honeywell International Inc. | New | 0.04% | +0.04 |
| XBI SS SPDR S&P Biotech ETF | New | 0.04% | +0.04 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.04% | +0.04 |
| WMT Walmart Inc. | Add +4.3% | 0.19% | +0.03 |
| MORT Vaneck Mortgage REIT Income | New | 0.03% | +0.03 |
| MLM Martin Marietta Materials | Add +71.1% | 0.07% | +0.03 |
| TER Teradyne Inc. | Add +6.5% | 0.52% | +0.02 |
| IX Orix - Sponsored ADR | Add +8.2% | 0.68% | +0.02 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +0.0% | 0.19% | +0.02 |
| SYY Sysco Corp. | Add +0.7% | 0.71% | +0.02 |
| JPIB JPMorgan Intl BND ETF | Add +40.0% | 0.06% | +0.02 |
| SABA Saba Capital Income & Opp II | Add +75.0% | 0.03% | +0.01 |
| FSLR First Solar Inc. | Add +58.4% | 0.09% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +0.1% | 0.07% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +3.3% | 0.06% | +0.01 |
| ADP Automatic Data Processing | Add +2.1% | 0.08% | +0.01 |
| UL Unilever PLC | Add +11.4% | 0.71% | +0.01 |
| LAZ Lazard Inc. | Add +2.5% | 0.09% | +0.01 |
| MA Mastercard Inc. Class A | Add +3.1% | 0.06% | +0.01 |
| MGF Aberdeen Govrn MKTS Inc. Fund | New | 0.01% | +0.01 |
| ACN Accenture PLC Class A | Add +3.3% | 0.05% | +0.00 |
| ORCL Oracle Corp. | Add +4.3% | 0.04% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 235 | $720.4M | SWK, RHP, BMY, O, LAMR |
| Q1 2026 | 225 | $662.5M | BMY, VZ, CWEN.A, KNTK, O |
| Q4 2025 | 226 | $634.7M | BMY, SBRA, VZ, CWEN.A, SWK |
| Q3 2025 | 231 | $638.7M | VZ, O, SBRA, SWK, HTGC |
| Q2 2025 | 232 | $611.9M | VZ, SBRA, CWEN.A, TSLX, O |
| Q1 2025 | 219 | $575.7M | VZ, BMY, KNTK, HTGC, O |
| Q4 2024 | 219 | $574.4M | DVY, KNTK, BMY, VZ, HTGC |
| Q3 2024 | 224 | $598.1M | IBM, VZ, OKE, LAMR, OGN |
| Q2 2024 | 213 | $552.5M | OGN, VZ, IBM, HTGC, OKE |
| Q1 2024 | 213 | $557.8M | IBM, VZ, OGN, OKE, PXD |