Henshaw Capital LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed May 28, 2026), Henshaw Capital LLC reported 302 stock positions worth $2.4 billion. Its top holding was Apple (AAPL) at 6.3% of the portfolio, followed by Nvidia (NVDA, 5.3%) and Eli Lilly (LLY, 4.4%). Compared with Q2 2024, it opened 36 new positions, sold out of 16, added to 76 and reduced 22. The biggest buy was iShares MSCI USA Equal Weigh (EUSA, shares +26%) and the biggest sale Pfizer (PFE, shares −65%).

Most Recent 13F
Q2 2026
Location
WOBURN, MA
CIK
0002131483
Portfolio Value
$2.4B (Q3 2024)
SEC Filing
0002131483-26-000045 ↗ filed May 28, 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 $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 Q2 2026

Holdings 302 stocks · $2.4B
AAPL Apple Inc. 6.28% 643,494 $149.9M No change
NVDA Nvidia Corp. 5.28% 1,038,197 $126.1M No change
LLY Eli Lilly & Co. 4.37% 117,776 $104.3M No change
MSFT Microsoft Corp. 3.36% 186,543 $80.3M No change
JPM JPMorgan Chase & Co. 2.98% 337,139 $71.1M No change
EUSA iShares MSCI USA Equal Weigh 2.85% 710,950 $68.1M Add +25.6%
META Meta Platforms Inc. Class A 2.77% 115,400 $66.1M No change
BLK BlackRock Finance Inc. 2.68% 67,390 $64.0M No change
AMZN Amazon.com Inc. 2.52% 323,174 $60.2M No change
CRM Salesforce Inc. 2.48% 216,400 $59.2M No change
ADP Automatic Data Processing 2.35% 202,692 $56.1M No change
UNP Union Pacific Corp. 2.24% 217,273 $53.6M No change
ORCL Oracle Corp. 2.15% 301,669 $51.4M No change
TMO Thermo Fisher Scientific Inc. 2.14% 82,609 $51.1M No change
HD Home Depot Inc. 2.06% 121,503 $49.2M No change
WMT Walmart Inc. 2.06% 609,255 $49.2M No change
GOOG Alphabet Inc. Class C 1.99% 283,860 $47.5M No change
GE General Electric filed as GE AEROSPACE 1.96% 248,000 $46.8M No change
GOOGL Alphabet Inc. Class A 1.95% 280,000 $46.4M No change
GD General Dynamics Corp. 1.80% 142,150 $43.0M No change
MDY State Street SPDR S&P Midcap 1.79% 75,050 $42.8M No change
PANW Palo Alto Networks Inc. 1.71% 119,275 $40.8M Add +0.2%
MCD McDonald's Corp. 1.64% 128,519 $39.1M No change
AFL Aflac Inc. 1.58% 337,000 $37.7M No change
VBR Vngrd Mrngst SL-CP Val ETF-U 1.49% 177,150 $35.6M No change
AMAT Applied Materials Inc. 1.45% 171,300 $34.6M No change
XOM Exxon Mobil Corp. 1.31% 266,000 $31.2M No change
HON Honeywell International Inc. 1.19% 137,076 $28.3M No change
MAR Marriott International Class A 1.14% 109,000 $27.1M No change
AXP American Express Co. 1.12% 98,805 $26.8M Add +0.5%
KO The Coca-Cola Co. 1.02% 338,197 $24.3M No change
DOV Dover Corp. 1.00% 124,025 $23.8M No change
BRK.B Berkshire Hathaway Inc. Class B 1.00% 51,650 $23.8M No change
AMGN Amgen Inc. 0.94% 69,650 $22.4M No change
PEP Pepsico Inc. 0.93% 130,666 $22.2M No change
CMCSA Comcast Corp. Class A 0.88% 500,926 $20.9M No change
SBUX Starbucks Corp. 0.82% 200,353 $19.5M No change
CSCO Cisco Systems Inc. 0.81% 364,504 $19.4M No change
CDNS Cadence Design SYS Inc. 0.81% 70,910 $19.2M No change
V Visa Inc. Class A 0.80% 69,467 $19.1M No change
FDX FedEx Corp. 0.78% 68,227 $18.7M No change
MDLZ Mondelez International Inc. Class A 0.77% 249,700 $18.4M No change
BA The Boeing Co. 0.77% 120,553 $18.3M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.76% 188,350 $18.1M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.74% 30,900 $17.7M No change
MRVL Marvell Technology Inc. 0.72% 238,382 $17.2M Reduce -0.6%
GEV GE Vernova Inc. 0.66% 62,000 $15.8M No change
CAT Caterpillar Inc. 0.56% 34,060 $13.3M New
MPC Marathon Petroleum Corp. 0.54% 78,589 $12.8M No change
COP Conocophillips 0.52% 118,500 $12.5M No change
VRT Vertiv Holdings Co. Class A 0.46% 111,375 $11.1M New
C Citigroup Inc. 0.46% 174,000 $10.9M No change
EMR Emerson Electric Co. 0.39% 85,000 $9.3M No change
GEHC GE Healthcare Technology 0.33% 82,666 $7.8M No change
PFE Pfizer Inc. 0.30% 250,000 $7.2M Reduce -64.9%
VWO Vanguard Ftse Emerging Marke 0.30% 150,000 $7.2M No change
SPHQ Invesco S&P 500 Quality ETF 0.28% 100,000 $6.7M No change
CSL Carlisle Cos Inc. 0.28% 14,813 $6.7M Add +0.2%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.27% 113,396 $6.4M Add +0.6%
CVS CVS Health Corp. 0.24% 93,000 $5.8M No change
CACI Caci International Inc. Class A 0.21% 9,759 $4.9M No change
GDDY GoDaddy Inc. Class A 0.19% 28,350 $4.4M Reduce -15.9%
MORN Morningstar Inc. 0.18% 13,470 $4.3M Add +0.1%
TFX Teleflex Inc. 0.16% 15,742 $3.9M Add +0.1%
MKL Markel Group Inc. 0.16% 2,476 $3.9M No change
BAH Booz Allen Hamilton Holdings 0.16% 23,363 $3.8M No change
BRO Brown & Brown Inc. 0.16% 36,498 $3.8M Reduce -14.9%
TRMB Trimble Inc. 0.15% 58,145 $3.6M Add +18.3%
DLB Dolby Laboratories Inc. Class A 0.15% 45,913 $3.5M Add +24.7%
BURL Burlington Stores Inc. 0.14% 12,874 $3.4M No change
LII Lennox International Inc. 0.14% 5,541 $3.3M Add +0.2%
ATR Aptargroup Inc. 0.14% 20,502 $3.3M Add +0.3%
LKQ LKQ Corp. 0.14% 82,208 $3.3M Add +10.3%
RPM RPM International Inc. 0.14% 26,724 $3.2M Add +0.4%
CASY Casey's General Stores Inc. 0.13% 8,490 $3.2M No change
VZ Verizon Communications Inc. 0.13% 68,800 $3.1M No change
AMG Affiliated Managers Group 0.13% 16,993 $3.0M Add +0.0%
LSTR Landstar System Inc. 0.13% 15,995 $3.0M Add +0.2%
SEIC Sei Investments Company 0.12% 43,056 $3.0M No change
ARMK Aramark 0.12% 75,640 $2.9M Add +0.3%
CHH Choice Hotels Intl Inc. 0.12% 22,369 $2.9M No change
TRU Transunion 0.12% 26,591 $2.8M No change
TSM Taiwan Semiconductor-SP ADR 0.11% 15,789 $2.7M Add +9.0%
WEX Wex Inc. 0.11% 12,378 $2.6M No change
JLL Jones Lang Lasalle Inc. 0.10% 9,272 $2.5M Add +23.7%
IEX Idex Corp. 0.10% 11,274 $2.4M Add +39.3%
NVST Envista Holdings Corp. 0.10% 119,995 $2.4M No change
COLM Columbia Sportswear Co. 0.10% 28,253 $2.4M Add +0.4%
VTWO Vanguard Russell 2000 ETF 0.09% 24,900 $2.2M No change
AVY Avery Dennison Corp. 0.09% 10,009 $2.2M Add +17.5%
JBHT Hunt (jb) Transprt SVCS Inc. 0.09% 12,317 $2.1M Add +0.3%
NDSN Nordson Corp. 0.09% 8,029 $2.1M Add +0.3%
TYL Tyler Technologies Inc. 0.09% 3,496 $2.0M Reduce -13.0%
KEX Kirby Corp. 0.08% 16,305 $2.0M No change
BLKB Blackbaud Inc. 0.08% 23,381 $2.0M No change
QUAL iShares MSCI USA Quality Fac 0.08% 11,000 $2.0M No change
FCN Fti Consulting Inc. 0.08% 7,905 $1.8M No change
EWJ iShares MSCI Japan ETF 0.07% 22,621 $1.6M Add +195.3%
GGG Graco Inc. 0.07% 18,240 $1.6M Add +0.3%
MANH Manhattan Associates Inc. 0.06% 5,493 $1.5M No change

Show all 302 holdings

Portfolio Sells Q2 2024 → Q3 2024
PFE Pfizer Inc. Reduce -64.9% 0.30% −0.60
VEU Vanguard Ftse All-World Ex-U Sold out 0.00% −0.30
VIG Vanguard Dividend Apprec ETF Sold out 0.00% −0.22
DECK Deckers Outdoor Corp. Sold out 0.00% −0.06
HSIC Henry Schein Inc. Sold out 0.00% −0.04
MRVL Marvell Technology Inc. Reduce -0.6% 0.72% −0.04
MTSI Macom Technology Solutions H Sold out 0.00% −0.03
GDDY GoDaddy Inc. Class A Reduce -15.9% 0.19% −0.03
CNI Canadian Natl Railway Co. Reduce -40.5% 0.02% −0.02
PCRX Pacira Biosciences Inc. Sold out 0.00% −0.02
ITCI Intra-Cellular Therapies Inc. Reduce -60.3% 0.01% −0.02
BRO Brown & Brown Inc. Reduce -14.9% 0.16% −0.01
MXL Maxlinear Inc. Sold out 0.00% −0.01
TFII Tfi International Inc. Reduce -39.5% 0.02% −0.01
ATKR Atkore Inc. Sold out 0.00% −0.01
MELI MercadoLibre Inc. Reduce -41.4% 0.03% −0.01
FSS Federal Signal Corp. Reduce -24.7% 0.05% −0.01
HELE Helen of Troy Ltd. Sold out 0.00% −0.01
BR Broadridge Financial Solutio Reduce -18.9% 0.06% −0.01
ZD Ziff Davis Inc. Sold out 0.00% −0.01
HUN Huntsman Corp. Sold out 0.00% −0.01
AMX America Movil Sab DE CV Sold out 0.00% −0.01
ONT Onterris Inc. Sold out 0.00% −0.01
BMO Bank of Montreal Sold out 0.00% −0.01
ESTC Elastic NV Sold out 0.00% −0.01
AIT Applied Industrial Tech Inc. Reduce -22.1% 0.05% −0.01
ONC Beone Medicines Ltd.-ADR Reduce -63.1% 0.01% −0.01
YELP Yelp Inc. Reduce -21.6% 0.02% −0.01
TYL Tyler Technologies Inc. Reduce -13.0% 0.09% −0.01
SWN Southwestern Energy Co. Sold out 0.00% −0.01
LNTH Lantheus Holdings Inc. Reduce -33.1% 0.03% −0.01
ASML ASML Holding NV-NY Reg SHS Reduce -2.1% 0.01% −0.00
INSM Insmed Inc. Reduce -6.8% 0.04% −0.00
BOX Box Inc. Class A Reduce -23.7% 0.02% −0.00
PJT PJT Partners Inc. Class A Reduce -20.9% 0.02% −0.00
HLNE Hamilton Lane Inc. Class A Reduce -22.2% 0.03% −0.00
BWIN Baldwin Insurance Group Inc./ Reduce -17.8% 0.04% +0.00
BABA Alibaba Group Holding-SP ADR Reduce -7.8% 0.01% +0.00

Portfolio Buys Q2 2024 → Q3 2024
EUSA iShares MSCI USA Equal Weigh Add +25.6% 2.85% +0.60
CAT Caterpillar Inc. New 0.56% +0.56
VRT Vertiv Holdings Co. Class A New 0.46% +0.46
AXP American Express Co. Add +0.5% 1.12% +0.10
EWJ iShares MSCI Japan ETF Add +195.3% 0.07% +0.04
NGG National Grid PLC-SP ADR Add +147.9% 0.06% +0.04
ASHR Xtrackers Harvest Csi 300 CH New 0.04% +0.04
NVO Novo-Nordisk A/S-Spons ADR Add +245.1% 0.06% +0.04
RNR Renaissancere Holdings Ltd. New 0.04% +0.04
JLL Jones Lang Lasalle Inc. Add +23.7% 0.10% +0.04
ETN Eaton Corp. PLC New 0.03% +0.03
CM Can Imperial BK of Commerce New 0.03% +0.03
SAP Sap SE-Sponsored ADR Add +194.5% 0.05% +0.03
UL Unilever PLC New 0.03% +0.03
RACE Ferrari NV New 0.03% +0.03
NVS Novartis AG-Sponsored ADR Add +317.6% 0.04% +0.03
MUFG Mitsubishi Ufj Finl-Spon ADR Add +188.5% 0.05% +0.03
SHEL Shell PLC-ADR Add +217.4% 0.05% +0.03
NSIT Insight Enterprises Inc. New 0.03% +0.03
RELX Relx PLC - Spon ADR Add +194.2% 0.04% +0.03
IEX Idex Corp. Add +39.3% 0.10% +0.03
SNY Sanofi-ADR Add +160.8% 0.04% +0.03
TRMB Trimble Inc. Add +18.3% 0.15% +0.03
DEO Diageo PLC-Sponsored ADR New 0.03% +0.03
HSBC HSBC Holdings PLC-Spons ADR Add +165.9% 0.04% +0.03
AER Aercap Holdings NV New 0.02% +0.02
KB KB Financial Group Inc.-ADR New 0.02% +0.02
SONY Sony Group Corp. - SP ADR Add +162.6% 0.04% +0.02
CP Canadian Pacific Kansas City Add +196.1% 0.03% +0.02
ING ING Groep N.V.-Sponsored ADR Add +194.3% 0.03% +0.02
TELFY Telefonica SA-Spon ADR Add +169.8% 0.03% +0.02
TECK Teck Resources Ltd.-CLS B Add +141.3% 0.04% +0.02
LIN Linde PLC Add +174.3% 0.03% +0.02
RYAAY Ryanair Holdings PLC-SP ADR New 0.02% +0.02
TRI Thomson Reuters Corp. Add +195.3% 0.03% +0.02
MOD Modine Manufacturing Co. New 0.02% +0.02
CCEP Coca-Cola Europacific Partne Add +160.8% 0.03% +0.02
ARGX Argenx SE - ADR New 0.02% +0.02
SE Sea Ltd.-ADR New 0.02% +0.02
IX Orix - Sponsored ADR Add +161.4% 0.03% +0.02
CCJ Cameco Corp. Add +191.5% 0.03% +0.02
TD Toronto-Dominion Bank New 0.02% +0.02
HDB HDFC Bank Ltd.-ADR New 0.02% +0.02
CRH CRH PLC New 0.02% +0.02
MMYT Makemytrip Ltd. New 0.02% +0.02
AZN Astrazeneca PLC-Spons ADR Add +105.3% 0.04% +0.02
ACN Accenture PLC Class A New 0.02% +0.02
JCI Johnson Controls Internation New 0.02% +0.02
SMIN iShares MSCI India Small-Cap New 0.02% +0.02
OMCL Omnicell Inc. New 0.02% +0.02

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