Henshaw Capital LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 12, 2026), Henshaw Capital LLC reported 160 stock positions worth $3.1 billion. Its top holding was Nvidia (NVDA) at 6.7% of the portfolio, followed by Apple (AAPL, 5.9%) and Eli Lilly (LLY, 4.6%). Compared with Q1 2026, it opened 8 new positions, sold out of 10, added to 20 and reduced 77. The biggest buy was a new position in Healthequity (HQY) and the biggest sale Honeywell International (HON, shares −33%).

Most Recent 13F
Q2 2026
Location
WOBURN, MA
CIK
0002131483
Portfolio Value
$3.1B (Q2 2026)
SEC Filing
0002131483-26-000054 ↗ filed Aug 12, 2026

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.1B Q1 2024 Q2 2024: $2.2B Q2 2024 Q3 2024: $2.4B Q3 2024 Q4 2024: $2.4B Q4 2024 Q1 2025: $2.3B Q1 2025 Q2 2025: $2.5B Q2 2025 Q3 2025: $2.7B Q3 2025 Q4 2025: $2.8B Q4 2025 Q1 2026: $2.7B Q1 2026 Q2 2026: $3.1B $3.1B Q2 2026

Holdings 160 stocks · $3.1B
NVDA Nvidia Corp. 6.73% 1,034,047 $206.9M Reduce -0.4%
AAPL Apple Inc. 5.95% 631,639 $182.8M Reduce -1.8%
LLY Eli Lilly & Co. 4.57% 117,176 $140.5M Reduce -0.5%
AMAT Applied Materials Inc. 4.03% 171,300 $123.8M No change
JPM JPMorgan Chase & Co. 3.54% 332,564 $108.9M Reduce -1.4%
GOOGL Alphabet Inc. Class A 3.26% 280,000 $100.1M No change
GOOG Alphabet Inc. Class C 3.23% 280,740 $99.2M Reduce -1.9%
GE General Electric filed as GE AEROSPACE 3.02% 248,000 $92.7M No change
EUSA iShares MSCI USA Equal Weigh 2.87% 772,000 $88.2M Reduce -0.3%
PANW Palo Alto Networks Inc. 2.64% 237,620 $81.0M Reduce -0.4%
AMZN Amazon.com Inc. 2.53% 325,629 $77.6M Reduce -3.6%
GEV GE Vernova Inc. 2.37% 62,000 $72.8M No change
MRVL Marvell Technology Inc. 2.31% 238,382 $71.0M No change
VTWO Vanguard Russell 2000 ETF 2.30% 582,050 $70.7M No change
MSFT Microsoft Corp. 2.25% 185,313 $69.1M Reduce -0.7%
WMT Walmart Inc. 2.16% 587,385 $66.5M Reduce -3.6%
META Meta Platforms Inc. Class A 2.12% 115,400 $65.0M No change
BLK BlackRock Inc. 2.07% 66,015 $63.5M Reduce -2.0%
MDY State Street SPDR S&P Midcap 1.67% 73,000 $51.3M Reduce -2.7%
VEU Vanguard Ftse All-World Ex-U 1.62% 592,813 $49.6M Reduce -0.6%
XOM Exxon Mobil Corp. 1.57% 352,025 $48.1M No change
CAT Caterpillar Inc. 1.52% 43,975 $46.8M Reduce -0.8%
SHLD Global X Defense Tech ETF 1.47% 759,000 $45.3M Reduce -0.4%
UNP Union Pacific Corp. 1.47% 165,673 $45.1M Reduce -2.1%
ADP Automatic Data Processing 1.45% 198,912 $44.5M Reduce -1.9%
ORCL Oracle Corp. 1.41% 295,419 $43.3M Reduce -2.1%
HD Home Depot Inc. 1.38% 120,278 $42.4M Reduce -1.0%
CSCO Cisco Systems Inc. 1.36% 355,829 $41.8M Reduce -2.4%
TMO Thermo Fisher Scientific Inc. 1.32% 80,779 $40.5M Reduce -2.2%
MAR Marriott International Class A 1.31% 109,000 $40.4M No change
AFL Aflac Inc. 1.26% 331,000 $38.8M Reduce -1.8%
VRT Vertiv Holdings Co. Class A 1.20% 110,000 $36.8M Reduce -1.2%
CRM Salesforce Inc. 1.10% 216,000 $33.8M Reduce -0.4%
MCD McDonald's Corp. 1.09% 124,169 $33.6M Reduce -3.4%
AXP American Express Co. 1.08% 98,305 $33.3M Reduce -0.5%
DOV Dover Corp. 0.91% 124,025 $27.8M No change
KO The Coca-Cola Co. 0.88% 332,797 $27.0M Reduce -0.8%
CDNS Cadence Design SYS Inc. 0.86% 70,500 $26.5M Reduce -0.6%
BRK.B Berkshire Hathaway Inc. Class B 0.84% 51,650 $25.8M No change
BA The Boeing Co. 0.83% 118,228 $25.6M Reduce -2.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.83% 34,135 $25.5M No change
SHEL Shell PLC-ADR 0.82% 333,572 $25.1M Add +5.2%
C Citigroup Inc. 0.79% 174,000 $24.4M No change
V Visa Inc. Class A 0.78% 69,467 $23.8M No change
FDX FedEx Corp. 0.70% 68,227 $21.4M No change
GD General Dynamics Corp. 0.68% 59,000 $20.9M No change
SBUX Starbucks Corp. 0.67% 200,353 $20.5M No change
MPC Marathon Petroleum Corp. 0.65% 78,589 $20.1M No change
PEP Pepsico Inc. 0.58% 130,666 $17.7M No change
MDLZ Mondelez International Inc. Class A 0.46% 245,000 $14.2M Reduce -1.9%
EMR Emerson Electric Co. 0.38% 81,500 $11.7M Reduce -4.1%
HON Honeywell International Inc. 0.35% 48,145 $10.8M Reduce -33.2%
HONA Honeywell Aerospace Inc. 0.35% 48,145 $10.6M Reduce -33.2%
SPHQ Invesco S&P 500 Quality ETF 0.29% 100,000 $9.0M No change
VWO Vanguard Ftse Emerging Marke 0.29% 150,000 $9.0M No change
IBB iShares Biotechnology ETF 0.29% 47,000 $8.9M Reduce -60.8%
FDXF FedEx Freight Holding Co. 0.17% 34,113 $5.2M No change
CSL Carlisle Cos Inc. 0.17% 14,134 $5.1M Reduce -12.5%
TSM Taiwan Semiconductor-SP ADR 0.16% 10,144 $4.8M Reduce -4.9%
BURL Burlington Stores Inc. 0.14% 13,182 $4.2M No change
CACI Caci International Inc. Class A 0.12% 8,172 $3.8M No change
ARMK Aramark 0.12% 65,595 $3.7M Reduce -14.7%
AMG Affiliated Managers Group 0.12% 10,760 $3.6M Reduce -6.8%
AVY Avery Dennison Corp. 0.12% 21,784 $3.5M Add +9.4%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.11% 49,688 $3.5M Reduce -4.9%
MKL Markel Group Inc. 0.11% 1,720 $3.4M No change
TRMB Trimble Inc. 0.11% 63,962 $3.3M Add +7.1%
JLL Jones Lang Lasalle Inc. 0.11% 10,531 $3.3M Reduce -2.0%
ASX Ase Technology Holding -ADR 0.10% 70,744 $3.2M Reduce -36.5%
SEIC Sei Investments Company 0.10% 35,944 $3.2M Reduce -16.6%
SOLS Solstice Adv Materials Inc. 0.10% 35,322 $3.1M Reduce -2.0%
TECH Bio-Techne Corp. 0.09% 39,448 $2.8M Reduce -14.1%
LII Lennox International Inc. 0.09% 4,831 $2.8M Reduce -6.4%
RPM RPM International Inc. 0.09% 24,894 $2.8M Reduce -9.3%
TRU Transunion 0.09% 38,291 $2.8M Reduce -8.7%
NSIT Insight Enterprises Inc. 0.09% 21,810 $2.7M Add +17.1%
ATR Aptargroup Inc. 0.09% 20,983 $2.6M Add +0.4%
IEX Idex Corp. 0.09% 11,563 $2.6M Add +0.3%
GDDY GoDaddy Inc. Class A 0.08% 30,400 $2.6M Reduce -15.7%
QUAL iShares MSCI USA Quality Fac 0.08% 11,000 $2.4M No change
MANH Manhattan Associates Inc. 0.08% 17,316 $2.4M Reduce -6.6%
KEX Kirby Corp. 0.07% 16,817 $2.3M No change
NDSN Nordson Corp. 0.07% 7,301 $2.2M Reduce -10.7%
POOL Pool Corp. 0.07% 10,160 $2.2M Add +8.5%
CHH Choice Hotels Intl Inc. 0.07% 19,730 $2.2M Reduce -11.8%
VZ Verizon Communications Inc. 0.07% 50,000 $2.1M No change
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.07% 1,020 $2.0M No change
NXPI NXP Semiconductors NV 0.07% 7,119 $2.0M Add +109.4%
SAIA Saia Inc. 0.06% 4,731 $2.0M Reduce -13.6%
TYL Tyler Technologies Inc. 0.06% 6,673 $2.0M No change
NVS Novartis AG-Sponsored ADR 0.06% 12,295 $1.9M No change
WEX Wex Inc. 0.06% 13,362 $1.9M Reduce -14.4%
MORN Morningstar Inc. 0.06% 11,672 $1.8M Add +0.3%
DLB Dolby Laboratories Inc. Class A 0.06% 34,239 $1.8M No change
J Jacobs Solutions Inc. 0.06% 14,221 $1.8M No change
HQY Healthequity Inc. 0.06% 19,569 $1.8M New
CASY Casey's General Stores Inc. 0.06% 2,180 $1.7M Reduce -53.4%
JBHT Hunt (jb) Transprt SVCS Inc. 0.06% 5,916 $1.7M Reduce -36.6%
RELX Relx PLC - Spon ADR 0.05% 51,643 $1.6M Add +93.7%
SSD Simpson Manufacturing Co. Inc. 0.05% 7,596 $1.6M Add +8.6%

Show all 160 holdings

Portfolio Sells Q1 2026 → Q2 2026
HON Honeywell International Inc. Reduce -33.2% 0.35% −0.86
WMT Walmart Inc. Reduce -3.6% 2.16% −0.64
SHLD Global X Defense Tech ETF Reduce -0.4% 1.47% −0.53
IBB iShares Biotechnology ETF Reduce -60.8% 0.29% −0.46
CRM Salesforce Inc. Reduce -0.4% 1.10% −0.40
MCD McDonald's Corp. Reduce -3.4% 1.09% −0.39
BLK BlackRock Inc. Reduce -2.0% 2.07% −0.34
MSFT Microsoft Corp. Reduce -0.7% 2.25% −0.31
HONA Honeywell Aerospace Inc. Reduce -33.2% 0.35% −0.24
ORCL Oracle Corp. Reduce -2.1% 1.41% −0.24
TMO Thermo Fisher Scientific Inc. Reduce -2.2% 1.32% −0.19
JPM JPMorgan Chase & Co. Reduce -1.4% 3.54% −0.13
AFL Aflac Inc. Reduce -1.8% 1.26% −0.11
AAPL Apple Inc. Reduce -1.8% 5.95% −0.11
HD Home Depot Inc. Reduce -1.0% 1.38% −0.10
AMZN Amazon.com Inc. Reduce -3.6% 2.53% −0.08
ADP Automatic Data Processing Reduce -1.9% 1.45% −0.08
MDLZ Mondelez International Inc. Class A Reduce -1.9% 0.46% −0.07
CASY Casey's General Stores Inc. Reduce -53.4% 0.06% −0.07
KO The Coca-Cola Co. Reduce -0.8% 0.88% −0.07
BA The Boeing Co. Reduce -2.3% 0.83% −0.06
UNP Union Pacific Corp. Reduce -2.1% 1.47% −0.06
EUSA iShares MSCI USA Equal Weigh Reduce -0.3% 2.87% −0.05
BAH Booz Allen Hamilton Holdings Reduce -64.4% 0.01% −0.05
MDY State Street SPDR S&P Midcap Reduce -2.7% 1.67% −0.05
VEU Vanguard Ftse All-World Ex-U Reduce -0.6% 1.62% −0.04
LKQ LKQ Corp. Reduce -29.1% 0.05% −0.04
COLB Columbia Banking System Inc. Sold out 0.00% −0.04
EMR Emerson Electric Co. Reduce -4.1% 0.38% −0.03
CSL Carlisle Cos Inc. Reduce -12.5% 0.17% −0.03
FERG Ferguson Enterprises Inc. Sold out 0.00% −0.03
NU Nu Holdings Ltd./Cayman Isl-A Sold out 0.00% −0.03
WEX Wex Inc. Reduce -14.4% 0.06% −0.03
GDDY GoDaddy Inc. Class A Reduce -15.7% 0.08% −0.03
AXP American Express Co. Reduce -0.5% 1.08% −0.03
GGG Graco Inc. Reduce -26.3% 0.03% −0.02
MRK Merck & Co. Inc. Sold out 0.00% −0.02
SEIC Sei Investments Company Reduce -16.6% 0.10% −0.02
VTV Vanguard Mrngstr Val ETF-Aui Sold out 0.00% −0.02
COLM Columbia Sportswear Co. Sold out 0.00% −0.02
ULTA Ulta Beauty Inc. Reduce -15.4% 0.04% −0.02
ABBV Abbvie Inc. Sold out 0.00% −0.02
SCI Service Corp. International Reduce -13.0% 0.04% −0.02
KNSL Kinsale Capital Group Inc. Reduce -21.7% 0.04% −0.02
TRU Transunion Reduce -8.7% 0.09% −0.02
JBHT Hunt (jb) Transprt SVCS Inc. Reduce -36.6% 0.06% −0.02
COST Costco Wholesale Corp. Reduce -19.3% 0.03% −0.02
ABT Abbott Laboratories Sold out 0.00% −0.02
NVST Envista Holdings Corp. Reduce -22.6% 0.04% −0.02
CHH Choice Hotels Intl Inc. Reduce -11.8% 0.07% −0.01

Portfolio Buys Q1 2026 → Q2 2026
HQY Healthequity Inc. New 0.06% +0.06
ABCB Ameris Bancorp New 0.04% +0.04
NXPI NXP Semiconductors NV Add +109.4% 0.07% +0.04
NSIT Insight Enterprises Inc. Add +17.1% 0.09% +0.04
PFGC Performance Food Group Co. New 0.02% +0.02
RELX Relx PLC - Spon ADR Add +93.7% 0.05% +0.02
ASND Ascendis Pharma A/S New 0.02% +0.02
BR Broadridge Financial Solutio New 0.02% +0.02
NOK Nokia Corp.-Spon ADR New 0.02% +0.02
QURE Uniqure NV New 0.02% +0.02
YUMC Yum China Holdings Inc. New 0.02% +0.02
BALL Ball Corp. Add +45.9% 0.03% +0.01
SSD Simpson Manufacturing Co. Inc. Add +8.6% 0.05% +0.01
CDW CDW Corp. Add +11.8% 0.04% +0.00
IEX Idex Corp. Add +0.3% 0.09% +0.00
CCL Carnival Corp. Ltd. Add +19.2% 0.03% +0.00
SAP Sap SE-Sponsored ADR Add +34.7% 0.03% +0.00
POOL Pool Corp. Add +8.5% 0.07% +0.00
SFM Sprouts Farmers Market Inc. Add +6.3% 0.04% +0.00
BLKB Blackbaud Inc. Add +44.6% 0.03% −0.00
FDS Factset Research Systems Inc. Add +0.5% 0.02% −0.00
HLI Houlihan Lokey Inc. Add +17.9% 0.04% −0.00
JKHY Jack Henry & Associates Inc. Add +13.8% 0.05% −0.01
ATR Aptargroup Inc. Add +0.4% 0.09% −0.01
AVY Avery Dennison Corp. Add +9.4% 0.12% −0.01
MORN Morningstar Inc. Add +0.3% 0.06% −0.01
TRMB Trimble Inc. Add +7.1% 0.11% −0.04
SHEL Shell PLC-ADR Add +5.2% 0.82% −0.28

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 160$3.1BNVDA, AAPL, LLY, AMAT, JPM
Q1 2026 160$2.7BNVDA, AAPL, LLY, JPM, GOOG
Q4 2025 161$2.8BNVDA, AAPL, LLY, JPM, MSFT
Q3 2025 256$2.7BNVDA, AAPL, JPM, MSFT, LLY
Q2 2025 291$2.5BNVDA, AAPL, JPM, MSFT, LLY
Q1 2025 292$2.3BAAPL, NVDA, LLY, JPM, EUSA
Q4 2024 298$2.4BAAPL, NVDA, LLY, JPM, MSFT
Q3 2024 302$2.4BAAPL, NVDA, LLY, MSFT, JPM
Q2 2024 282$2.2BAAPL, NVDA, LLY, MSFT, JPM
Q1 2024 283$2.1BAAPL, NVDA, LLY, MSFT, JPM