Hamlin Capital Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 7, 2026), Hamlin Capital Management, LLC reported 30 stock positions worth $4.2 billion. Its top holding was Morgan Stanley (MS) at 5.9% of the portfolio, followed by Cummins (CMI, 5.8%) and Broadcom (AVGO, 5.6%). Compared with Q3 2025, it opened 4 new positions, sold out of 1, added to 6 and reduced 19. The biggest buy was a new position in CVS Health (CVS) and the biggest sale an exit from Mondelez International Class A (MDLZ).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001277403
- Portfolio Value
- $4.2B (Q4 2025)
- SEC Filing
- 0001172661-26-000039 ↗ filed Jan 7, 2026
Holdings Value
Holdings 30 stocks · $4.2B
| MS Morgan Stanley | 5.94% | 1,396,357 | $247.9M | Reduce -7.7% |
| CMI Cummins Inc. | 5.81% | 474,865 | $242.4M | Reduce -9.2% |
| AVGO Broadcom Inc. | 5.64% | 679,854 | $235.3M | Reduce -22.8% |
| ORI Old Republic Intl Corp. | 5.24% | 4,785,799 | $218.4M | Reduce -7.7% |
| ABBV Abbvie Inc. | 5.12% | 935,184 | $213.7M | Reduce -11.9% |
| CME Cme Group Inc. | 4.78% | 730,113 | $199.4M | Reduce -7.5% |
| PEG Public Service Enterprise GP | 4.40% | 2,287,165 | $183.7M | Reduce -3.6% |
| LAMR Lamar Advertising Co. Class A | 4.23% | 1,392,167 | $176.2M | Reduce -2.3% |
| JNJ Johnson & Johnson | 4.15% | 836,098 | $173.0M | Reduce -3.4% |
| SPG Simon Property Group Inc. | 4.02% | 905,071 | $167.5M | Reduce -6.7% |
| SNA Snap-on Inc. | 3.93% | 475,379 | $163.8M | Reduce -7.8% |
| ARES Ares Management Corp. Class A | 3.90% | 1,005,430 | $162.5M | Reduce -6.0% |
| CVS CVS Health Corp. | 3.86% | 2,026,761 | $160.8M | New |
| DRI Darden Restaurants Inc. | 3.79% | 859,062 | $158.1M | Reduce -4.9% |
| EPD Enterprise Products Partners | 3.78% | 4,922,486 | $157.8M | Add +0.1% |
| PAYX Paychex Inc. | 3.66% | 1,359,025 | $152.5M | Add +5.3% |
| UL Unilever PLC-Sponsored ADR | 3.65% | 2,324,273 | $152.0M | Add +7.6% |
| DKS Dick's Sporting Goods Inc. | 3.61% | 760,093 | $150.5M | Add +7.2% |
| COP Conocophillips | 3.23% | 1,439,343 | $134.7M | Reduce -5.3% |
| PG The Procter & Gamble Co. | 3.14% | 914,702 | $131.1M | Reduce -5.6% |
| HD Home Depot Inc. | 3.10% | 375,384 | $129.2M | Reduce -5.8% |
| PM Philip Morris International | 2.82% | 734,414 | $117.8M | Reduce -6.8% |
| WSO Watsco Inc. | 2.75% | 340,322 | $114.7M | Reduce -16.1% |
| RHP Ryman Hospitality Properties | 2.34% | 1,029,740 | $97.4M | Add +4.2% |
| TXN Texas Instruments Inc. | 1.83% | 440,701 | $76.5M | Reduce -50.5% |
| UGI Ugi Corp. | 0.53% | 586,940 | $22.0M | New |
| PAG Penske Automotive Group Inc. | 0.48% | 127,633 | $20.2M | New |
| MICC The Magnum Ice Cream Co. NV | 0.20% | 523,535 | $8.3M | Add +7.7% |
| IWD iShares Russell 1000 Value E | 0.04% | 7,975 | $1.7M | New |
| IEF iShares 7-10 Year Treasury B | 0.02% | 10,756 | $1.0M | No change |
Portfolio Sells Q3 2025 → Q4 2025
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −2.47 |
| TXN Texas Instruments Inc. | Reduce -50.5% | 1.83% | −1.89 |
| WSO Watsco Inc. | Reduce -16.1% | 2.75% | −0.98 |
| AVGO Broadcom Inc. | Reduce -22.8% | 5.64% | −0.97 |
| HD Home Depot Inc. | Reduce -5.8% | 3.10% | −0.57 |
| ABBV Abbvie Inc. | Reduce -11.9% | 5.12% | −0.47 |
| PG The Procter & Gamble Co. | Reduce -5.6% | 3.14% | −0.24 |
| SNA Snap-on Inc. | Reduce -7.8% | 3.93% | −0.14 |
| SPG Simon Property Group Inc. | Reduce -6.7% | 4.02% | −0.13 |
| DRI Darden Restaurants Inc. | Reduce -4.9% | 3.79% | −0.12 |
| PEG Public Service Enterprise GP | Reduce -3.6% | 4.40% | −0.10 |
| PM Philip Morris International | Reduce -6.8% | 2.82% | −0.08 |
| CME Cme Group Inc. | Reduce -7.5% | 4.78% | −0.07 |
| COP Conocophillips | Reduce -5.3% | 3.23% | −0.04 |
| ARES Ares Management Corp. Class A | Reduce -6.0% | 3.90% | +0.01 |
| ORI Old Republic Intl Corp. | Reduce -7.7% | 5.24% | +0.23 |
| LAMR Lamar Advertising Co. Class A | Reduce -2.3% | 4.23% | +0.26 |
| MS Morgan Stanley | Reduce -7.7% | 5.94% | +0.47 |
| JNJ Johnson & Johnson | Reduce -3.4% | 4.15% | +0.50 |
| CMI Cummins Inc. | Reduce -9.2% | 5.81% | +0.78 |
Portfolio Buys Q3 2025 → Q4 2025
| CVS CVS Health Corp. | New | 3.86% | +3.86 |
| UGI Ugi Corp. | New | 0.53% | +0.53 |
| PAG Penske Automotive Group Inc. | New | 0.48% | +0.48 |
| UL Unilever PLC-Sponsored ADR | Add +7.6% | 3.65% | +0.37 |
| RHP Ryman Hospitality Properties | Add +4.2% | 2.34% | +0.32 |
| EPD Enterprise Products Partners | Add +0.1% | 3.78% | +0.28 |
| IWD iShares Russell 1000 Value E | New | 0.04% | +0.04 |
| DKS Dick's Sporting Goods Inc. | Add +7.2% | 3.61% | +0.02 |
| MICC The Magnum Ice Cream Co. NV | Add +7.7% | 0.20% | +0.02 |
| PAYX Paychex Inc. | Add +5.3% | 3.66% | −0.07 |
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 |