Gilman Hill Asset Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 12, 2026), Gilman Hill Asset Management, LLC reported 226 stock positions worth $634.7 million. Its top holding was Bristol-Myers Squibb (BMY) at 2.0% of the portfolio, followed by Sabra Health Care REIT (SBRA, 1.8%) and Verizon Communications (VZ, 1.8%). Compared with Q3 2025, it opened 12 new positions, sold out of 18, added to 88 and reduced 75. The biggest buy was a new position in Amcor (AMCR) and the biggest sale Nextera Energy (NEE, shares −92%).
- Most Recent 13F
- Q2 2026
- Location
- NEW CANAAN, CT
- CIK
- 0001551969
- Portfolio Value
- $634.7M (Q4 2025)
- SEC Filing
- 0001551969-26-000001 ↗ filed Jan 12, 2026
Holdings Value
Holdings 226 stocks · $634.7M
| BMY Bristol-Myers Squibb Co. | 2.02% | 237,416 | $12.8M | Reduce -0.6% |
| SBRA Sabra Health Care REIT Inc. | 1.83% | 614,514 | $11.6M | Add +1.5% |
| VZ Verizon Communications Inc. | 1.79% | 279,013 | $11.4M | Add +3.0% |
| CWEN.A Clearway Energy Inc. Class A | 1.75% | 353,216 | $11.1M | Reduce -4.3% |
| SWK Stanley Black & Decker Inc. | 1.75% | 149,239 | $11.1M | Reduce -0.6% |
| HTGC Hercules Capital Inc. | 1.72% | 580,440 | $10.9M | Reduce -0.6% |
| O Realty Income Corp. | 1.70% | 191,115 | $10.8M | Reduce -0.2% |
| LAMR Lamar Advertising Co. Class A | 1.65% | 82,512 | $10.4M | Add +0.6% |
| TSLX Sixth Street Specialty Lendi | 1.62% | 474,356 | $10.3M | Add +0.0% |
| D Dominion Energy Inc. | 1.60% | 173,635 | $10.2M | Add +2.7% |
| RHP Ryman Hospitality Properties | 1.60% | 107,222 | $10.1M | Reduce -2.7% |
| PFE Pfizer Inc. | 1.57% | 399,154 | $9.9M | Reduce -2.7% |
| PSTL Postal Realty Trust Inc. Class A | 1.48% | 583,118 | $9.4M | Reduce -2.1% |
| UPS United Parcel Service Class B | 1.45% | 92,814 | $9.2M | Add +2.1% |
| FLNG Flex LNG Ltd. | 1.41% | 358,474 | $8.9M | Reduce -6.0% |
| COLB Columbia Banking System Inc. | 1.41% | 319,688 | $8.9M | Reduce -1.0% |
| AMCR Amcor PLC | 1.40% | 1,063,423 | $8.9M | New |
| DVN Devon Energy Corp. | 1.32% | 229,206 | $8.4M | Reduce -3.4% |
| AMBP Ardagh Metal Packaging SA | 1.28% | 1,985,852 | $8.1M | Reduce -1.4% |
| KNTK Kinetik Holdings Inc. | 1.28% | 225,551 | $8.1M | Reduce -8.9% |
| CSCO Cisco Systems Inc. | 1.24% | 101,976 | $7.9M | Add +4.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.23% | 30,173 | $7.8M | Reduce -8.9% |
| FCX Freeport-McMoran Inc. | 1.22% | 152,190 | $7.7M | Add +2.6% |
| VTR Ventas Inc. | 1.21% | 99,493 | $7.7M | Reduce -0.4% |
| MPLX MPLX LP | 1.20% | 142,821 | $7.6M | Add +1.8% |
| SCHW Schwab (charles) Corp. | 1.19% | 75,843 | $7.6M | Add +6.4% |
| KMB Kimberly-Clark Corp. | 1.17% | 73,777 | $7.4M | Reduce -7.5% |
| CAG Conagra Brands Inc. | 1.17% | 429,257 | $7.4M | Reduce -6.5% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 1.16% | 262,892 | $7.4M | Reduce -3.7% |
| MSFT Microsoft Corp. | 1.12% | 14,675 | $7.1M | Add +3.1% |
| ENB Enbridge Inc. | 1.11% | 147,711 | $7.1M | Add +6.3% |
| AAPL Apple Inc. | 1.11% | 25,820 | $7.0M | Add +11.6% |
| WU Western Union Co. | 1.07% | 732,782 | $6.8M | Reduce -5.1% |
| DVY iShares Select Dividend ETF | 1.07% | 48,290 | $6.8M | Add +2188.6% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.05% | 23,058 | $6.7M | Add +0.1% |
| LYB Lyondellbasell Indu Class A | 1.05% | 153,762 | $6.7M | Reduce -8.3% |
| MRP Millrose Properties | 1.05% | 222,249 | $6.6M | Reduce -5.6% |
| EPD Enterprise Products Partners | 1.03% | 202,978 | $6.5M | Reduce -1.2% |
| UBER Uber Technologies Inc. | 0.99% | 77,148 | $6.3M | Add +6.7% |
| XPO Xpo Inc. | 0.99% | 46,015 | $6.3M | Add +11.9% |
| GSK GSK PLC-Spon ADR | 0.98% | 126,848 | $6.2M | Add +2.9% |
| ET Energy Transfer LP | 0.97% | 371,725 | $6.1M | Reduce -0.7% |
| AXP American Express Co. | 0.96% | 16,510 | $6.1M | Reduce -0.6% |
| META Meta Platforms Inc. Class A | 0.95% | 9,106 | $6.0M | Reduce -3.9% |
| RIO Rio Tinto PLC-Spon ADR | 0.93% | 73,955 | $5.9M | Add +4.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.93% | 51,996 | $5.9M | Add +2.0% |
| APTV Aptiv PLC | 0.93% | 77,215 | $5.9M | Reduce -0.0% |
| IX Orix - Sponsored ADR filed as ORIX CORP | 0.92% | 199,349 | $5.8M | Add +1.2% |
| DOCU Docusign Inc. | 0.92% | 84,987 | $5.8M | Reduce -1.0% |
| KMI Kinder Morgan Inc. | 0.90% | 207,816 | $5.7M | Reduce -1.8% |
| GXO Gxo Logistics Inc. | 0.87% | 104,749 | $5.5M | Add +3.8% |
| WMB Williams Cos Inc. | 0.87% | 91,408 | $5.5M | Add +1.9% |
| WHR Whirlpool Corp. | 0.86% | 76,077 | $5.5M | Reduce -6.3% |
| HMC Honda Motor Co. Ltd.-Spons ADR | 0.86% | 184,830 | $5.4M | Add +1.2% |
| TTE Totalenergies SE | 0.86% | 83,078 | $5.4M | Add +4.8% |
| KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC | 0.86% | 63,118 | $5.4M | Reduce -7.2% |
| PAGP Plains GP Holdings LP | 0.80% | 266,871 | $5.1M | Reduce -11.2% |
| NGG National Grid PLC-SP ADR | 0.79% | 64,582 | $5.0M | Reduce -0.4% |
| SYY Sysco Corp. | 0.79% | 67,637 | $5.0M | Add +0.7% |
| NVDA Nvidia Corp. | 0.78% | 26,579 | $5.0M | Reduce -2.7% |
| ETD Ethan Allen Interiors Inc. | 0.76% | 211,485 | $4.8M | Reduce -4.6% |
| TRIP Tripadvisor Inc. | 0.75% | 325,450 | $4.7M | Reduce -0.0% |
| TER Teradyne Inc. | 0.74% | 24,276 | $4.7M | Reduce -7.3% |
| MTRN Materion Corp. | 0.74% | 37,753 | $4.7M | Add +8.2% |
| TMO Thermo Fisher Scientific Inc. | 0.73% | 8,003 | $4.6M | Add +12.6% |
| REGN Regeneron Pharmaceuticals | 0.73% | 5,971 | $4.6M | Add +8.2% |
| MDT Medtronic PLC | 0.71% | 46,910 | $4.5M | Add +8.6% |
| SHEL Shell PLC-ADR | 0.71% | 60,999 | $4.5M | Add +2.0% |
| UL Unilever PLC-Sponsored ADR | 0.68% | 65,941 | $4.3M | Reduce -0.5% |
| GOOG Alphabet Inc. Class C | 0.68% | 13,729 | $4.3M | Reduce -5.0% |
| SMFG Sumitomo Mitsui-Spons ADR | 0.66% | 215,131 | $4.2M | Reduce -3.3% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.62% | 22,158 | $3.9M | Add +4.4% |
| URI United Rentals Inc. | 0.59% | 4,624 | $3.7M | Reduce -2.9% |
| NOC Northrop Grumman Corp. | 0.55% | 6,161 | $3.5M | Reduce -0.6% |
| ABBV Abbvie Inc. | 0.51% | 14,279 | $3.3M | Add +3.1% |
| JNJ Johnson & Johnson | 0.51% | 15,502 | $3.2M | Add +1.5% |
| CARR Carrier Global Corp. | 0.48% | 57,220 | $3.0M | Add +2.2% |
| ZBH Zimmer Biomet Holdings Inc. | 0.48% | 33,585 | $3.0M | Add +6.7% |
| CCI Crown Castle Inc. | 0.46% | 32,868 | $2.9M | Reduce -23.0% |
| GOOGL Alphabet Inc. Class A | 0.44% | 8,935 | $2.8M | Add +4.8% |
| MDY State Street SPDR S&P Midcap | 0.42% | 4,448 | $2.7M | Reduce -2.2% |
| AMZN Amazon.com Inc. | 0.41% | 11,399 | $2.6M | Add +7.8% |
| JPM JPMorgan Chase & Co. | 0.41% | 8,026 | $2.6M | Add +24.6% |
| EG Everest Group Ltd. | 0.40% | 7,544 | $2.6M | Add +0.1% |
| VEU Vanguard Ftse All-World Ex-U | 0.39% | 34,022 | $2.5M | Add +0.3% |
| PAA Plains All Amer Pipeline LP | 0.39% | 136,975 | $2.5M | Add +7.6% |
| XOM Exxon Mobil Corp. | 0.36% | 18,866 | $2.3M | Add +4.0% |
| IWR iShares Russell Mid-Cap ETF | 0.34% | 22,481 | $2.2M | Reduce -24.3% |
| SUN Sunoco LP | 0.32% | 38,674 | $2.0M | Add +2.8% |
| GLP Global Partners LP | 0.32% | 47,982 | $2.0M | Add +10.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.28% | 2,563 | $1.7M | Reduce -0.3% |
| VWO Vanguard Ftse Emerging Marke | 0.27% | 32,279 | $1.7M | Reduce -0.5% |
| LLY Eli Lilly & Co. | 0.27% | 1,573 | $1.7M | Reduce -2.8% |
| AVGO Broadcom Inc. | 0.26% | 4,829 | $1.7M | Add +15.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 5,483 | $1.6M | Add +0.4% |
| WLKP Westlake Chemical Partners L | 0.25% | 84,442 | $1.6M | Add +9.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.25% | 28,294 | $1.6M | Reduce -8.9% |
| WMT Walmart Inc. | 0.23% | 13,324 | $1.5M | No change |
| RSP Invesco S&P 500 Equal Weight | 0.23% | 7,671 | $1.5M | Add +75.7% |
| PG The Procter & Gamble Co. | 0.21% | 9,267 | $1.3M | Add +4.2% |
Portfolio Sells Q3 2025 → Q4 2025
| NEE Nextera Energy Inc. | Reduce -92.5% | 0.11% | −1.29 |
| MAR Marriott International Class A | Sold out | 0.00% | −0.78 |
| FISV Fiserv Inc. | Reduce -59.1% | 0.21% | −0.76 |
| KMB Kimberly-Clark Corp. | Reduce -7.5% | 1.17% | −0.38 |
| KNTK Kinetik Holdings Inc. | Reduce -8.9% | 1.28% | −0.38 |
| WPP WPP PLC-Sponsored ADR | Sold out | 0.00% | −0.35 |
| KMX Carmax Inc. | Sold out | 0.00% | −0.26 |
| ETD Ethan Allen Interiors Inc. | Reduce -4.6% | 0.76% | −0.26 |
| AIN Albany Intl Corp. Class A | Reduce -63.1% | 0.14% | −0.25 |
| LYB Lyondellbasell Indu Class A | Reduce -8.3% | 1.05% | −0.24 |
| VICI Vici Properties Inc. | Reduce -3.7% | 1.16% | −0.23 |
| MSTR Strategy Inc. | Reduce -60.6% | 0.05% | −0.20 |
| MRP Millrose Properties | Reduce -5.6% | 1.05% | −0.19 |
| CCI Crown Castle Inc. | Reduce -23.0% | 0.46% | −0.18 |
| CAG Conagra Brands Inc. | Reduce -6.5% | 1.17% | −0.14 |
| META Meta Platforms Inc. Class A | Reduce -3.9% | 0.95% | −0.14 |
| WHR Whirlpool Corp. | Reduce -6.3% | 0.86% | −0.13 |
| O Realty Income Corp. | Reduce -0.2% | 1.70% | −0.12 |
| URI United Rentals Inc. | Reduce -2.9% | 0.59% | −0.12 |
| APTV Aptiv PLC | Reduce -0.0% | 0.93% | −0.12 |
| IWR iShares Russell Mid-Cap ETF | Reduce -24.3% | 0.34% | −0.11 |
| FLNG Flex LNG Ltd. | Reduce -6.0% | 1.41% | −0.10 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -8.9% | 1.23% | −0.09 |
| TRIP Tripadvisor Inc. | Reduce -0.0% | 0.75% | −0.08 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.07 |
| PFE Pfizer Inc. | Reduce -2.7% | 1.57% | −0.07 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −0.07 |
| PAGP Plains GP Holdings LP | Reduce -11.2% | 0.80% | −0.05 |
| DOCU Docusign Inc. | Reduce -1.0% | 0.92% | −0.05 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.04 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.04 |
| ET Energy Transfer LP | Reduce -0.7% | 0.97% | −0.04 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −0.04 |
| GBTC Grayscale Bitcoin Trust ETF | Sold out | 0.00% | −0.04 |
| NOC Northrop Grumman Corp. | Reduce -0.6% | 0.55% | −0.04 |
| KMI Kinder Morgan Inc. | Reduce -1.8% | 0.90% | −0.04 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.04 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.03 |
| HYI Western Asset High Yield Opp | Sold out | 0.00% | −0.03 |
| HD Home Depot Inc. | Reduce -5.5% | 0.14% | −0.03 |
| ORCL Oracle Corp. | Reduce -14.5% | 0.05% | −0.03 |
| IWF iShares Russell 1000 Growth | Sold out | 0.00% | −0.03 |
| RITM Rithm Capital Corp. | Sold out | 0.00% | −0.03 |
| KB KB Financial Group Inc.-ADR | Reduce -7.2% | 0.86% | −0.03 |
| KIO KKR Income Opportunities | Sold out | 0.00% | −0.03 |
| JBLU Jetblue Airways Corp. | Reduce -4.4% | 0.18% | −0.02 |
| GS Goldman Sachs Group Inc. | Reduce -30.4% | 0.08% | −0.02 |
| BHK BlackRock Core Bond Trust | Sold out | 0.00% | −0.02 |
| OGN Organon & Co. | Reduce -16.2% | 0.02% | −0.02 |
| NVDA Nvidia Corp. | Reduce -2.7% | 0.78% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| AMCR Amcor PLC | New | 1.40% | +1.40 |
| DVY iShares Select Dividend ETF | Add +2188.6% | 1.07% | +1.03 |
| FCX Freeport-McMoran Inc. | Add +2.6% | 1.22% | +0.31 |
| UPS United Parcel Service Class B | Add +2.1% | 1.45% | +0.26 |
| REGN Regeneron Pharmaceuticals | Add +8.2% | 0.73% | +0.24 |
| RIO Rio Tinto PLC-Spon ADR | Add +4.6% | 0.93% | +0.20 |
| CSCO Cisco Systems Inc. | Add +4.7% | 1.24% | +0.19 |
| TMO Thermo Fisher Scientific Inc. | Add +12.6% | 0.73% | +0.19 |
| AAPL Apple Inc. | Add +11.6% | 1.11% | +0.18 |
| IVV iShares Core S&P 500 ETF | New | 0.18% | +0.18 |
| XPO Xpo Inc. | Add +11.9% | 0.99% | +0.15 |
| GSK GSK PLC-Spon ADR | Add +2.9% | 0.98% | +0.15 |
| MUNI PIMCO Intermediate Municipal | New | 0.13% | +0.13 |
| SCHW Schwab (charles) Corp. | Add +6.4% | 1.19% | +0.13 |
| GOOGL Alphabet Inc. Class A | Add +4.8% | 0.44% | +0.12 |
| TTE Totalenergies SE | Add +4.8% | 0.86% | +0.12 |
| IX Orix - Sponsored ADR | Add +1.2% | 0.92% | +0.11 |
| MPLX MPLX LP | Add +1.8% | 1.20% | +0.10 |
| RSP Invesco S&P 500 Equal Weight | Add +75.7% | 0.23% | +0.10 |
| JPM JPMorgan Chase & Co. | Add +24.6% | 0.41% | +0.09 |
| MTRN Materion Corp. | Add +8.2% | 0.74% | +0.08 |
| LAMR Lamar Advertising Co. Class A | Add +0.6% | 1.65% | +0.07 |
| SBRA Sabra Health Care REIT Inc. | Add +1.5% | 1.83% | +0.07 |
| MDT Medtronic PLC | Add +8.6% | 0.71% | +0.07 |
| JNJ Johnson & Johnson | Add +1.5% | 0.51% | +0.06 |
| TJX TJX Companies Inc. | New | 0.06% | +0.06 |
| MO Altria Group Inc. | New | 0.06% | +0.06 |
| AMZN Amazon.com Inc. | Add +7.8% | 0.41% | +0.05 |
| MRK Merck & Co. Inc. | Add +8.4% | 0.19% | +0.05 |
| SIRI Sirius XM Holdings Inc. | New | 0.05% | +0.05 |
| AVGO Broadcom Inc. | Add +15.8% | 0.26% | +0.05 |
| PAA Plains All Amer Pipeline LP | Add +7.6% | 0.39% | +0.05 |
| V Visa Inc. Class A | Add +51.9% | 0.13% | +0.05 |
| HESM Hess Midstream LP Class A | Add +41.5% | 0.15% | +0.05 |
| PH Parker Hannifin Corp. | New | 0.04% | +0.04 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +4.4% | 0.62% | +0.04 |
| XOM Exxon Mobil Corp. | Add +4.0% | 0.36% | +0.04 |
| DUK Duke Energy Corp. | Add +81.1% | 0.09% | +0.04 |
| SHEL Shell PLC-ADR | Add +2.0% | 0.71% | +0.04 |
| BIP Brookfield Infrastructure Pa | New | 0.03% | +0.03 |
| IEFA iShares Core MSCI Eafe ETF | New | 0.03% | +0.03 |
| GM General Motors Co. | New | 0.03% | +0.03 |
| GXO Gxo Logistics Inc. | Add +3.8% | 0.87% | +0.03 |
| EPRT Essential Properties Realty | New | 0.03% | +0.03 |
| IJH iShares Core S&P Midcap ETF | Add +56.1% | 0.09% | +0.03 |
| ACN Accenture PLC Class A | New | 0.03% | +0.03 |
| LOW Lowe's Cos Inc. | Add +37.3% | 0.12% | +0.03 |
| PLD Prologis Inc. | Add +5.9% | 0.17% | +0.03 |
| SUN Sunoco LP | Add +2.8% | 0.32% | +0.02 |
| OKE Oneok Inc. | Add +63.1% | 0.05% | +0.02 |
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 |