Hamlin Capital Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Hamlin Capital Management, LLC reported 26 stock positions worth $4.4 billion. Its top holding was Broadcom (AVGO) at 6.6% of the portfolio, followed by Abbvie (ABBV, 5.6%) and Morgan Stanley (MS, 5.5%). Compared with Q2 2025, it opened 3 new positions, sold out of 2, added to 7 and reduced 16. The biggest buy was a new position in Dick's Sporting Goods (DKS) and the biggest sale an exit from Keurig Dr Pepper (KDP).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001277403
- Portfolio Value
- $4.4B (Q3 2025)
- SEC Filing
- 0001172661-25-004919 ↗ filed Nov 14, 2025
Holdings Value
Holdings 26 stocks · $4.4B
| AVGO Broadcom Inc. | 6.61% | 881,134 | $290.7M | Reduce -13.3% |
| ABBV Abbvie Inc. | 5.60% | 1,062,039 | $245.9M | Reduce -0.3% |
| MS Morgan Stanley | 5.47% | 1,513,401 | $240.6M | Reduce -1.0% |
| CMI Cummins Inc. | 5.03% | 523,176 | $221.0M | Reduce -3.5% |
| ORI Old Republic Intl Corp. | 5.01% | 5,182,417 | $220.1M | Reduce -0.5% |
| CME Cme Group Inc. | 4.85% | 789,457 | $213.3M | Reduce -0.2% |
| PEG Public Service Enterprise GP | 4.51% | 2,373,340 | $198.1M | Reduce -4.2% |
| SPG Simon Property Group Inc. | 4.14% | 970,126 | $182.1M | Add +19.1% |
| SNA Snap-on Inc. | 4.07% | 515,582 | $178.7M | Reduce -0.0% |
| LAMR Lamar Advertising Co. Class A | 3.97% | 1,425,045 | $174.5M | Add +6.5% |
| DRI Darden Restaurants Inc. | 3.91% | 903,722 | $172.0M | Reduce -1.6% |
| ARES Ares Management Corp. Class A | 3.89% | 1,069,079 | $170.9M | Add +0.6% |
| WSO Watsco Inc. | 3.73% | 405,480 | $163.9M | Add +13.3% |
| TXN Texas Instruments Inc. | 3.72% | 890,524 | $163.6M | Reduce -13.6% |
| PAYX Paychex Inc. | 3.72% | 1,290,431 | $163.6M | Add +0.4% |
| HD Home Depot Inc. | 3.67% | 398,279 | $161.4M | Reduce -9.6% |
| JNJ Johnson & Johnson | 3.65% | 865,870 | $160.5M | Reduce -0.6% |
| DKS Dick's Sporting Goods Inc. | 3.58% | 708,924 | $157.5M | New |
| EPD Enterprise Products Partners | 3.50% | 4,918,780 | $153.8M | Reduce -1.5% |
| PG The Procter & Gamble Co. | 3.39% | 968,668 | $148.8M | Reduce -11.8% |
| UL Unilever PLC | 3.28% | 2,430,412 | $144.1M | Reduce -21.2% |
| COP Conocophillips | 3.27% | 1,519,640 | $143.7M | Reduce -0.4% |
| PM Philip Morris International | 2.91% | 787,963 | $127.8M | New |
| MDLZ Mondelez International Inc. Class A | 2.47% | 1,738,638 | $108.6M | Add +8.9% |
| RHP Ryman Hospitality Properties | 2.01% | 987,976 | $88.5M | Add +10.4% |
| IEF iShares 7-10 Year Treasury B | 0.02% | 10,756 | $1.0M | New |
Portfolio Sells Q2 2025 → Q3 2025
| KDP Keurig Dr Pepper Inc. | Sold out | 0.00% | −3.40 |
| EXR Extra Space Storage Inc. | Sold out | 0.00% | −3.07 |
| TXN Texas Instruments Inc. | Reduce -13.6% | 3.72% | −1.23 |
| UL Unilever PLC | Reduce -21.2% | 3.28% | −1.09 |
| DRI Darden Restaurants Inc. | Reduce -1.6% | 3.91% | −0.72 |
| PG The Procter & Gamble Co. | Reduce -11.8% | 3.39% | −0.66 |
| PEG Public Service Enterprise GP | Reduce -4.2% | 4.51% | −0.32 |
| CME Cme Group Inc. | Reduce -0.2% | 4.85% | −0.19 |
| EPD Enterprise Products Partners | Reduce -1.5% | 3.50% | −0.09 |
| HD Home Depot Inc. | Reduce -9.6% | 3.67% | −0.07 |
| COP Conocophillips | Reduce -0.4% | 3.27% | +0.10 |
| AVGO Broadcom Inc. | Reduce -13.3% | 6.61% | +0.13 |
| SNA Snap-on Inc. | Reduce -0.0% | 4.07% | +0.35 |
| ORI Old Republic Intl Corp. | Reduce -0.5% | 5.01% | +0.38 |
| MS Morgan Stanley | Reduce -1.0% | 5.47% | +0.49 |
| JNJ Johnson & Johnson | Reduce -0.6% | 3.65% | +0.57 |
| CMI Cummins Inc. | Reduce -3.5% | 5.03% | +0.92 |
| ABBV Abbvie Inc. | Reduce -0.3% | 5.60% | +1.02 |
Portfolio Buys Q2 2025 → Q3 2025
| DKS Dick's Sporting Goods Inc. | New | 3.58% | +3.58 |
| PM Philip Morris International | New | 2.91% | +2.91 |
| SPG Simon Property Group Inc. | Add +19.1% | 4.14% | +1.11 |
| LAMR Lamar Advertising Co. Class A | Add +6.5% | 3.97% | +0.21 |
| WSO Watsco Inc. | Add +13.3% | 3.73% | +0.07 |
| IEF iShares 7-10 Year Treasury B | New | 0.02% | +0.02 |
| MDLZ Mondelez International Inc. Class A | Add +8.9% | 2.47% | −0.02 |
| RHP Ryman Hospitality Properties | Add +10.4% | 2.01% | −0.03 |
| ARES Ares Management Corp. Class A | Add +0.6% | 3.89% | −0.37 |
| PAYX Paychex Inc. | Add +0.4% | 3.72% | −0.61 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 30 | $4.4B | CMI, MS, LAMR, AVGO, SPG |
| Q1 2026 | 30 | $4.1B | CMI, CME, MS, COP, AVGO |
| Q4 2025 | 30 | $4.2B | MS, CMI, AVGO, ORI, ABBV |
| Q3 2025 | 26 | $4.4B | AVGO, ABBV, MS, CMI, ORI |
| Q2 2025 | 25 | $4.3B | AVGO, CME, MS, TXN, PEG |
| Q1 2025 | 25 | $4.2B | ABBV, CME, ORI, PEG, PAYX |
| Q4 2024 | 26 | $4.0B | AVGO, PEG, ARES, MS, ABBV |
| Q3 2024 | 25 | $4.0B | AVGO, PEG, ABBV, ORI, UL |
| Q2 2024 | 26 | $3.4B | AVGO, PEG, ABBV, COP, LAMR |
| Q1 2024 | 25 | $3.4B | AVGO, ABBV, COP, LAMR, ARES |