Gilman Hill Asset Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 9, 2025), Gilman Hill Asset Management, LLC reported 232 stock positions worth $611.9 million. Its top holding was Verizon Communications (VZ) at 2.0% of the portfolio, followed by Sabra Health Care REIT (SBRA, 1.8%) and Clearway Energy Class A (CWEN.A, 1.8%). Compared with Q1 2025, it opened 20 new positions, sold out of 7, added to 116 and reduced 52. The biggest buy was a new position in Ryman Hospitality Properties (RHP) and the biggest sale an exit from Dow (DOW).
- Most Recent 13F
- Q2 2026
- Location
- NEW CANAAN, CT
- CIK
- 0001551969
- Portfolio Value
- $611.9M (Q2 2025)
- SEC Filing
- 0001085146-25-003678 ↗ filed Jul 9, 2025
Holdings Value
Holdings 232 stocks · $611.9M
| VZ Verizon Communications Inc. | 1.98% | 279,861 | $12.1M | Reduce -8.4% |
| SBRA Sabra Health Care REIT Inc. | 1.85% | 613,570 | $11.3M | Add +1.8% |
| CWEN.A Clearway Energy Inc. Class A | 1.83% | 370,505 | $11.2M | Add +0.5% |
| TSLX Sixth Street Specialty Lendi | 1.81% | 465,241 | $11.1M | Add +4.1% |
| O Realty Income Corp. | 1.80% | 191,320 | $11.0M | Add +4.6% |
| LAMR Lamar Advertising Co. Class A | 1.79% | 90,101 | $10.9M | Add +0.0% |
| KNTK Kinetik Holdings Inc. | 1.76% | 244,003 | $10.7M | Add +3.5% |
| BMY Bristol-Myers Squibb Co. | 1.75% | 231,765 | $10.7M | Add +4.7% |
| HTGC Hercules Capital Inc. | 1.70% | 570,379 | $10.4M | Add +0.3% |
| RHP Ryman Hospitality Properties | 1.69% | 104,578 | $10.3M | New |
| SWK Stanley Black & Decker Inc. | 1.60% | 144,299 | $9.8M | Add +33.1% |
| D Dominion Energy Inc. | 1.60% | 172,915 | $9.8M | Add +1.3% |
| PFE Pfizer Inc. | 1.59% | 402,079 | $9.7M | Add +0.9% |
| LYB Lyondellbasell Indu Class A | 1.58% | 167,358 | $9.7M | New |
| DEA Easterly Government Properti | 1.48% | 408,690 | $9.1M | Add +4.2% |
| UPS United Parcel Service Class B | 1.47% | 88,941 | $9.0M | Add +11.8% |
| PSTL Postal Realty Trust Inc. Class A | 1.44% | 597,963 | $8.8M | Add +2.9% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 1.41% | 264,685 | $8.6M | New |
| AMBP Ardagh Metal Packaging SA | 1.40% | 1,997,263 | $8.5M | Add +1.5% |
| WHR Whirlpool Corp. | 1.37% | 82,629 | $8.4M | Add +1.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.31% | 33,922 | $8.0M | Add +6.0% |
| CAG Conagra Brands Inc. | 1.26% | 376,956 | $7.7M | Add +5.6% |
| DVN Devon Energy Corp. | 1.26% | 242,221 | $7.7M | Add +2.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.23% | 26,799 | $7.5M | Add +8.5% |
| META Meta Platforms Inc. Class A | 1.18% | 9,800 | $7.2M | Add +7.4% |
| MSFT Microsoft Corp. | 1.17% | 14,335 | $7.1M | Add +1.8% |
| FLNG Flex LNG Ltd. | 1.13% | 314,288 | $6.9M | Reduce -3.5% |
| ET Energy Transfer LP | 1.10% | 372,285 | $6.7M | Reduce -0.9% |
| UBER Uber Technologies Inc. | 1.10% | 72,285 | $6.7M | Add +0.5% |
| COLB Columbia Banking System Inc. | 1.10% | 287,427 | $6.7M | Add +3.9% |
| SBLK Star Bulk Carriers Corp. | 1.10% | 388,847 | $6.7M | Reduce -0.4% |
| CSCO Cisco Systems Inc. | 1.08% | 94,821 | $6.6M | Add +12.1% |
| DOCU Docusign Inc. | 1.07% | 84,362 | $6.6M | Add +0.0% |
| WU Western Union Co. | 1.06% | 771,550 | $6.5M | Add +4.1% |
| MPLX MPLX LP | 1.06% | 125,600 | $6.5M | Add +2.4% |
| SCHW Schwab (charles) Corp. | 1.04% | 69,519 | $6.3M | Add +0.5% |
| EPD Enterprise Products Partners | 1.03% | 202,833 | $6.3M | Reduce -0.7% |
| ENB Enbridge Inc. | 1.02% | 138,299 | $6.3M | Add +6.3% |
| KMI Kinder Morgan Inc. | 1.01% | 211,103 | $6.2M | Add +5.8% |
| ETD Ethan Allen Interiors Inc. | 1.01% | 222,691 | $6.2M | New |
| FCX Freeport-McMoran Inc. | 0.99% | 140,088 | $6.1M | Add +1.3% |
| VTR Ventas Inc. | 0.99% | 96,078 | $6.1M | Reduce -0.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.99% | 48,924 | $6.1M | Reduce -1.1% |
| WMB Williams Cos Inc. | 0.99% | 96,122 | $6.0M | Add +1.7% |
| FISV Fiserv Inc. | 0.94% | 33,402 | $5.8M | Add +5.3% |
| KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC | 0.94% | 69,313 | $5.7M | Add +0.0% |
| PAGP Plains GP Holdings LP | 0.89% | 281,144 | $5.5M | Reduce -0.7% |
| CCI Crown Castle Inc. | 0.86% | 51,290 | $5.3M | Reduce -40.3% |
| AXP American Express Co. | 0.85% | 16,284 | $5.2M | Add +0.4% |
| APTV Aptiv PLC | 0.84% | 75,687 | $5.2M | Add +3.0% |
| HMC Honda Motor Co. Ltd.-Spons ADR | 0.84% | 178,798 | $5.2M | Add +1.0% |
| TTE Totalenergies SE -Spon ADR | 0.84% | 83,259 | $5.1M | Add +3.9% |
| MAR Marriott International Class A | 0.83% | 18,611 | $5.1M | Add +1.3% |
| SYY Sysco Corp. | 0.82% | 66,295 | $5.0M | Add +2.4% |
| XPO Xpo Inc. | 0.81% | 39,325 | $5.0M | Add +2.4% |
| GXO Gxo Logistics Inc. | 0.79% | 99,525 | $4.8M | Add +1.4% |
| NGG National Grid PLC-SP ADR | 0.77% | 63,668 | $4.7M | Add +45.0% |
| URI United Rentals Inc. | 0.76% | 6,169 | $4.6M | Add +2.6% |
| GSK GSK PLC-Spon ADR | 0.75% | 118,875 | $4.6M | Add +70.2% |
| UL Unilever PLC | 0.74% | 73,972 | $4.5M | Add +0.5% |
| IX Orix - Sponsored ADR filed as ORIX CORP | 0.72% | 196,669 | $4.4M | Add +0.4% |
| AAPL Apple Inc. | 0.69% | 20,523 | $4.2M | Add +18.1% |
| NVDA Nvidia Corp. | 0.69% | 26,579 | $4.2M | Add +9.1% |
| SHEL Shell PLC-ADR | 0.68% | 59,278 | $4.2M | Add +0.2% |
| RIO Rio Tinto PLC-Spon ADR | 0.68% | 71,287 | $4.2M | Add +2.2% |
| TRIP Tripadvisor Inc. | 0.67% | 315,905 | $4.1M | Add +1.3% |
| CARR Carrier Global Corp. | 0.65% | 54,070 | $4.0M | Add +0.8% |
| MDT Medtronic PLC | 0.61% | 42,948 | $3.7M | Add +0.6% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.57% | 21,233 | $3.5M | Add +182.8% |
| SMFG Sumitomo Mitsui-Spons ADR | 0.56% | 226,274 | $3.4M | Add +1.9% |
| WPP WPP PLC-Sponsored ADR | 0.52% | 91,628 | $3.2M | Reduce -2.0% |
| AIN Albany Intl Corp. Class A | 0.52% | 45,172 | $3.2M | Add +1.4% |
| NOC Northrop Grumman Corp. | 0.51% | 6,215 | $3.1M | Reduce -1.4% |
| MDY State Street SPDR S&P Midcap | 0.47% | 5,052 | $2.9M | Add +11.1% |
| REGN Regeneron Pharmaceuticals | 0.46% | 5,415 | $2.8M | Add +2.1% |
| TMO Thermo Fisher Scientific Inc. | 0.46% | 6,928 | $2.8M | Add +1.8% |
| ZBH Zimmer Biomet Holdings Inc. | 0.45% | 30,378 | $2.8M | Add +4.3% |
| IWR iShares Russell Mid-Cap ETF | 0.45% | 29,709 | $2.7M | Reduce -5.4% |
| MTRN Materion Corp. | 0.45% | 34,353 | $2.7M | Add +1.9% |
| GOOG Alphabet Inc. Class C | 0.41% | 14,101 | $2.5M | Add +3.6% |
| EG Everest Group Ltd. | 0.41% | 7,319 | $2.5M | Add +4.5% |
| ABBV Abbvie Inc. | 0.40% | 13,262 | $2.5M | Reduce -4.8% |
| KMX Carmax Inc. | 0.39% | 35,418 | $2.4M | Add +1.8% |
| JNJ Johnson & Johnson | 0.38% | 15,284 | $2.3M | Reduce -6.9% |
| TER Teradyne Inc. | 0.38% | 25,648 | $2.3M | Add +2.7% |
| AMZN Amazon.com Inc. | 0.37% | 10,279 | $2.3M | Reduce -2.9% |
| VEU Vanguard Ftse All-World Ex-U | 0.35% | 31,725 | $2.1M | Reduce -1.0% |
| OGN Organon & Co. | 0.32% | 203,681 | $2.0M | Reduce -68.5% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.32% | 4,805 | $1.9M | No change |
| GLP Global Partners LP | 0.31% | 36,307 | $1.9M | Add +15.4% |
| VWO Vanguard Ftse Emerging Marke | 0.31% | 38,511 | $1.9M | Reduce -0.7% |
| JPM JPMorgan Chase & Co. | 0.31% | 6,462 | $1.9M | Reduce -5.3% |
| PAA Plains All Amer Pipeline LP | 0.29% | 97,065 | $1.8M | Add +16.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.26% | 33,765 | $1.6M | Add +0.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 5,355 | $1.6M | Add +6.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.26% | 2,546 | $1.6M | Add +1.0% |
| GOOGL Alphabet Inc. Class A | 0.25% | 8,695 | $1.5M | Reduce -2.6% |
| PG The Procter & Gamble Co. | 0.25% | 9,426 | $1.5M | Add +1.6% |
| XOM Exxon Mobil Corp. | 0.24% | 13,604 | $1.5M | Add +9.8% |
| ABT Abbott Laboratories | 0.22% | 10,004 | $1.4M | Add +5.0% |
Portfolio Sells Q1 2025 → Q2 2025
| DOW Dow Inc. | Sold out | 0.00% | −1.44 |
| OGN Organon & Co. | Reduce -68.5% | 0.32% | −1.35 |
| CODI Compass Diversified Holdings | Sold out | 0.00% | −1.23 |
| CCI Crown Castle Inc. | Reduce -40.3% | 0.86% | −0.69 |
| VZ Verizon Communications Inc. | Reduce -8.4% | 1.98% | −0.43 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.19 |
| EPD Enterprise Products Partners | Reduce -0.7% | 1.03% | −0.18 |
| FLNG Flex LNG Ltd. | Reduce -3.5% | 1.13% | −0.17 |
| VTR Ventas Inc. | Reduce -0.2% | 0.99% | −0.16 |
| PAGP Plains GP Holdings LP | Reduce -0.7% | 0.89% | −0.16 |
| ET Energy Transfer LP | Reduce -0.9% | 1.10% | −0.11 |
| ABBV Abbvie Inc. | Reduce -4.8% | 0.40% | −0.10 |
| WPP WPP PLC-Sponsored ADR | Reduce -2.0% | 0.52% | −0.09 |
| JNJ Johnson & Johnson | Reduce -6.9% | 0.38% | −0.09 |
| SASR Sandy Spring Bancorp Inc. | Sold out | 0.00% | −0.08 |
| TLT iShares 20+ Year Treasury BD | Reduce -32.4% | 0.09% | −0.05 |
| NOC Northrop Grumman Corp. | Reduce -1.4% | 0.51% | −0.05 |
| JBLU Jetblue Airways Corp. | Reduce -3.2% | 0.19% | −0.05 |
| MRK Merck & Co. Inc. | Reduce -10.6% | 0.13% | −0.05 |
| COP Conocophillips | Sold out | 0.00% | −0.04 |
| T AT&T Inc. | Reduce -42.7% | 0.04% | −0.04 |
| MORT Vaneck Mortgage REIT Income | Sold out | 0.00% | −0.03 |
| MAA Mid-America Apartment Comm | Reduce -4.0% | 0.13% | −0.03 |
| ADC Agree Realty Corp. | Reduce -4.0% | 0.14% | −0.02 |
| BGS B&G Foods Inc. | Reduce -32.0% | 0.01% | −0.02 |
| LOW Lowe's Cos Inc. | Reduce -10.6% | 0.08% | −0.02 |
| AMH American Homes 4 Rent- A | Reduce -3.8% | 0.12% | −0.02 |
| BHK BlackRock Core Bond Trust | Sold out | 0.00% | −0.02 |
| IWR iShares Russell Mid-Cap ETF | Reduce -5.4% | 0.45% | −0.02 |
| HD Home Depot Inc. | Reduce -4.0% | 0.16% | −0.02 |
| MCD McDonald's Corp. | Reduce -13.8% | 0.04% | −0.01 |
| OKE Oneok Inc. | Reduce -2.4% | 0.04% | −0.01 |
| PKX Posco Holdings Inc. -Spon ADR | Reduce -3.0% | 0.17% | −0.01 |
| CIBR First Trust Nasdaq Cybersecu | Reduce -26.1% | 0.06% | −0.01 |
| DHR Danaher Corp. | Reduce -0.5% | 0.10% | −0.01 |
| DE Deere & Co. | Reduce -7.3% | 0.18% | −0.01 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -33.1% | 0.03% | −0.01 |
| DVY iShares Select Dividend ETF | Reduce -10.6% | 0.05% | −0.01 |
| AMT American Tower Corp. | Reduce -9.8% | 0.06% | −0.01 |
| MLM Martin Marietta Materials | Reduce -18.2% | 0.06% | −0.01 |
| CWEN Clearway Energy Inc. Class C | Reduce -12.1% | 0.05% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -2.9% | 0.09% | −0.01 |
| SPEM State Street SP PTF Em ETF | Reduce -7.6% | 0.09% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -6.9% | 0.04% | −0.00 |
| ADBE Adobe Inc. | Reduce -1.9% | 0.05% | −0.00 |
| HST Host Hotels & Resorts Inc. | Reduce -4.3% | 0.10% | −0.00 |
| FSLR First Solar Inc. | Reduce -17.5% | 0.06% | +0.00 |
| EFA iShares MSCI Eafe ETF | Reduce -1.6% | 0.08% | +0.00 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -5.9% | 0.04% | +0.00 |
| VST Vistra Corp. | Reduce -31.1% | 0.05% | +0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| RHP Ryman Hospitality Properties | New | 1.69% | +1.69 |
| LYB Lyondellbasell Indu Class A | New | 1.58% | +1.58 |
| VICI Vici Properties Inc. | New | 1.41% | +1.41 |
| ETD Ethan Allen Interiors Inc. | New | 1.01% | +1.01 |
| AMBP Ardagh Metal Packaging SA | Add +1.5% | 1.40% | +0.37 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +182.8% | 0.57% | +0.36 |
| KB KB Financial Group Inc.-ADR | Add +0.0% | 0.94% | +0.28 |
| GSK GSK PLC-Spon ADR | Add +70.2% | 0.75% | +0.28 |
| NGG National Grid PLC-SP ADR | Add +45.0% | 0.77% | +0.27 |
| META Meta Platforms Inc. Class A | Add +7.4% | 1.18% | +0.27 |
| MSFT Microsoft Corp. | Add +1.8% | 1.17% | +0.25 |
| NVDA Nvidia Corp. | Add +9.1% | 0.69% | +0.23 |
| UBER Uber Technologies Inc. | Add +0.5% | 1.10% | +0.19 |
| CSCO Cisco Systems Inc. | Add +12.1% | 1.08% | +0.17 |
| SWK Stanley Black & Decker Inc. | Add +33.1% | 1.60% | +0.15 |
| GXO Gxo Logistics Inc. | Add +1.4% | 0.79% | +0.13 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +8.5% | 1.23% | +0.12 |
| URI United Rentals Inc. | Add +2.6% | 0.76% | +0.11 |
| WHR Whirlpool Corp. | Add +1.6% | 1.37% | +0.10 |
| SCHW Schwab (charles) Corp. | Add +0.5% | 1.04% | +0.10 |
| XPO Xpo Inc. | Add +2.4% | 0.81% | +0.09 |
| AXP American Express Co. | Add +0.4% | 0.85% | +0.09 |
| APTV Aptiv PLC | Add +3.0% | 0.84% | +0.08 |
| FCX Freeport-McMoran Inc. | Add +1.3% | 0.99% | +0.08 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +6.0% | 1.31% | +0.08 |
| AVGO Broadcom Inc. | Add +12.7% | 0.19% | +0.08 |
| VOO Vanguard S&P 500 ETF | Add +104.2% | 0.14% | +0.08 |
| AUB Atlantic Union Bankshares Co. | New | 0.08% | +0.08 |
| TSLX Sixth Street Specialty Lendi | Add +4.1% | 1.81% | +0.07 |
| MAR Marriott International Class A | Add +1.3% | 0.83% | +0.07 |
| ORCL Oracle Corp. | New | 0.06% | +0.06 |
| VEA Vanguard Ftse Developed ETF | New | 0.06% | +0.06 |
| GBTC Grayscale Bitcoin Trust ETF | New | 0.06% | +0.06 |
| CARR Carrier Global Corp. | Add +0.8% | 0.65% | +0.06 |
| NFLX Netflix Inc. | Add +44.4% | 0.10% | +0.05 |
| ECL Ecolab Inc. | New | 0.05% | +0.05 |
| VGT Vanguard Info Tech ETF | Add +43.3% | 0.12% | +0.05 |
| APO Apollo Global Management Inc. | New | 0.05% | +0.05 |
| MDY State Street SPDR S&P Midcap | Add +11.1% | 0.47% | +0.05 |
| ETN Eaton Corp. PLC | Add +3.5% | 0.21% | +0.05 |
| IBM Intl Business Machines Corp. | Add +6.9% | 0.26% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +3.6% | 0.41% | +0.04 |
| JCI Johnson Controls Internation | New | 0.04% | +0.04 |
| WMT Walmart Inc. | Add +15.3% | 0.21% | +0.04 |
| KLAC KLA Corp. | New | 0.04% | +0.04 |
| HON Honeywell International Inc. | New | 0.04% | +0.04 |
| GLW Corning Inc. | New | 0.04% | +0.04 |
| AZN Astrazeneca PLC-Spons ADR | New | 0.04% | +0.04 |
| DGRW Wisdomtree U.S. Quality Divi | New | 0.04% | +0.04 |
| NLY Annaly Capital Management Inc. | New | 0.04% | +0.04 |
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 |