Martin Capital Advisors, LLP

Name: Martin Capital Advisors, LLP 13F holdings, Q1 2026
Creator: Martin Capital Advisors, LLP
Published: 2026-05-05

Q2 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 5, 2026), Martin Capital Advisors, LLP reported 73 stock positions worth $158.3 million. Its top holding was Apple (AAPL) at 21.9% of the portfolio, followed by Nvidia (NVDA, 7.7%) and Intuitive Surgical (ISRG, 5.8%). Compared with Q4 2025, it opened 2 new positions, sold out of 1, added to 22 and reduced 29. The biggest buy was a new position in Sandisk (SNDK) and the biggest sale Apple (AAPL, shares −5%).

Most Recent 13F: Q2 2026
Location: SAN ANTONIO, TX
CIK: 0001904126
Portfolio Value: $158.3M (Q1 2026)
SEC Filing: 0001398344-26-008332 ↗ filed May 5, 2026

Holdings Value

Holdings 73 stocks · $158.3M


AAPL Apple Inc.	21.87%	136,456	$34.6M	Reduce -4.6%
NVDA Nvidia Corp.	7.70%	69,945	$12.2M	Reduce -0.8%
ISRG Intuitive Surgical Inc.	5.83%	20,036	$9.2M	Reduce -0.1%
QQQ Invesco QQQ Trust Series 1	4.87%	13,355	$7.7M	Add +0.2%
VTI VG Morningstar TS MKT ETF-US	3.72%	18,366	$5.9M	Reduce -0.3%
LRCX Lam Research Corp.	3.67%	27,208	$5.8M	Reduce -5.8%
MA Mastercard Inc. Class A	3.10%	9,836	$4.9M	Reduce -0.4%
COST Costco Wholesale Corp.	2.83%	4,505	$4.5M	Reduce -1.2%
WSM Williams-Sonoma Inc.	2.82%	24,512	$4.5M	Add +0.3%
GOOGL Alphabet Inc. Class A	2.76%	15,212	$4.4M	Reduce -1.1%
V Visa Inc. Class A	2.21%	11,568	$3.5M	Reduce -1.0%
SBUX Starbucks Corp.	1.82%	32,129	$2.9M	Reduce -0.9%
SCHW Schwab (charles) Corp.	1.67%	28,119	$2.6M	Reduce -0.8%
INTU Intuit Inc.	1.57%	5,750	$2.5M	Add +0.1%
ORCL Oracle Corp.	1.56%	16,785	$2.5M	Reduce -0.5%
AMZN Amazon.com Inc.	1.48%	11,226	$2.3M	Add +6.8%
IDXX Idexx Laboratories Inc.	1.46%	4,113	$2.3M	Reduce -1.1%
IBB iShares Biotechnology ETF	1.43%	13,419	$2.3M	Reduce -4.3%
TXN Texas Instruments Inc.	1.41%	11,532	$2.2M	Add +1.5%
VCSH Vanguard S/T Corp. Bond ETF	1.39%	27,860	$2.2M	No change
EW Edwards Lifesciences Corp.	1.33%	26,226	$2.1M	Add +0.6%
BLK BlackRock Inc.	1.27%	2,098	$2.0M	Reduce -0.1%
XYZ Block Inc.	1.18%	31,131	$1.9M	Reduce -1.8%
TSCO Tractor Supply Company	1.11%	38,650	$1.8M	Reduce -0.1%
CAT Caterpillar Inc.	0.94%	2,111	$1.5M	No change
GOOG Alphabet Inc. Class C	0.87%	4,820	$1.4M	No change
DVA Davita Inc.	0.86%	8,864	$1.4M	No change
CMG Chipotle Mexican Grill Inc.	0.81%	40,099	$1.3M	Add +0.7%
NDAQ Nasdaq Inc.	0.73%	13,580	$1.2M	No change
CSCO Cisco Systems Inc.	0.64%	12,970	$1.0M	Reduce -0.5%
SYK Stryker Corp.	0.63%	3,039	$999K	Add +1.3%
LNTH Lantheus Holdings Inc.	0.62%	12,992	$985K	Reduce -8.3%
USPH U.S. Physical Therapy Inc.	0.60%	12,659	$949K	Reduce -1.9%
AMAT Applied Materials Inc.	0.56%	2,590	$885K	Add +1.9%
SPY SS SPDR S&P 500 ETF Trust-US	0.54%	1,319	$858K	Reduce -5.6%
ICE Intercontinental Exchange Inc.	0.54%	5,438	$855K	Add +4.7%
BRK.B Berkshire Hathaway Inc. Class B	0.52%	1,717	$823K	Reduce -2.8%
DKS Dick's Sporting Goods Inc.	0.51%	4,070	$807K	No change
IWV iShares Russell 3000 ETF	0.48%	2,040	$756K	No change
GDDY GoDaddy Inc. Class A	0.48%	9,132	$755K	Add +0.6%
CRWD CrowdStrike Holdings Inc. Class A	0.48%	1,927	$752K	Add +1.6%
INTC Intel Corp.	0.47%	16,804	$742K	No change
NFLX Netflix Inc.	0.46%	7,530	$724K	Reduce -3.8%
MORN Morningstar Inc.	0.45%	4,202	$710K	No change
TOL Toll Brothers Inc.	0.39%	4,530	$618K	Add +2.9%
DGX Quest Diagnostics Inc.	0.39%	3,145	$616K	No change
TREX Trex Company Inc. filed as TREX INC	0.38%	16,611	$605K	Reduce -2.8%
CBOE Cboe Global Markets Inc.	0.37%	2,082	$585K	Reduce -3.2%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP	0.34%	4,605	$546K	No change
IJH iShares Core S&P Midcap ETF	0.34%	7,975	$539K	No change
EBAY eBay Inc.	0.34%	5,914	$538K	No change
MSFT Microsoft Corp.	0.33%	1,425	$527K	Add +1.8%
PLTR Palantir Technologies Inc. Class A	0.33%	3,574	$523K	Add +4.9%
ADBE Adobe Inc.	0.31%	1,998	$486K	Reduce -1.8%
WDC Western Digital Corp.	0.29%	1,687	$456K	Add +5.9%
TPR Tapestry Inc.	0.29%	3,210	$453K	No change
AVGO Broadcom Inc.	0.28%	1,444	$447K	Add +5.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.28%	2,766	$442K	Add +5.9%
QCOM Qualcomm Inc.	0.27%	3,371	$434K	No change
LOW Lowe's Cos Inc.	0.27%	1,814	$429K	No change
AMD Advanced Micro Devices	0.27%	2,080	$423K	Add +5.6%
SNDK Sandisk Corp.	0.27%	663	$421K	New
GLW Corning Inc.	0.24%	2,780	$378K	No change
PYPL PayPal Holdings Inc.	0.24%	8,348	$378K	Reduce -1.8%
LULU Lululemon Athletica Inc.	0.22%	2,294	$351K	Reduce -3.0%
TXRH Texas Roadhouse Inc.	0.20%	1,936	$320K	No change
GNRC Generac Holdings Inc.	0.19%	1,551	$303K	Reduce -9.7%
EXP Eagle Materials Inc.	0.19%	1,588	$301K	No change
PANW Palo Alto Networks Inc.	0.16%	1,618	$259K	Add +0.6%
ZTS Zoetis Inc.	0.15%	2,003	$237K	Add +9.8%
NOW ServiceNow Inc.	0.15%	2,211	$231K	Add +10.6%
IGSB iShares 1-5Y Inv Grade Corp.	0.13%	3,960	$208K	No change
IPGP Ipg Photonics Corp.	0.13%	1,755	$201K	New

Portfolio Sells Q4 2025 → Q1 2026


AAPL Apple Inc.	Reduce -4.6%	21.87%	−0.93
ISRG Intuitive Surgical Inc.	Reduce -0.1%	5.83%	−0.83
ORCL Oracle Corp.	Reduce -0.5%	1.56%	−0.37
MA Mastercard Inc. Class A	Reduce -0.4%	3.10%	−0.20
V Visa Inc. Class A	Reduce -1.0%	2.21%	−0.19
IDXX Idexx Laboratories Inc.	Reduce -1.1%	1.46%	−0.19
DHIL Diamond Hill Investment Grp	Sold out	0.00%	−0.19
ADBE Adobe Inc.	Reduce -1.8%	0.31%	−0.11
LULU Lululemon Athletica Inc.	Reduce -3.0%	0.22%	−0.07
GOOGL Alphabet Inc. Class A	Reduce -1.1%	2.76%	−0.06
PYPL PayPal Holdings Inc.	Reduce -1.8%	0.24%	−0.05
BLK BlackRock Inc.	Reduce -0.1%	1.27%	−0.04
TSCO Tractor Supply Company	Reduce -0.1%	1.11%	−0.03
XYZ Block Inc.	Reduce -1.8%	1.18%	−0.03
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -5.6%	0.54%	−0.02
NVDA Nvidia Corp.	Reduce -0.8%	7.70%	−0.01
BRK.B Berkshire Hathaway Inc. Class B	Reduce -2.8%	0.52%	−0.00
USPH U.S. Physical Therapy Inc.	Reduce -1.9%	0.60%	+0.01
SCHW Schwab (charles) Corp.	Reduce -0.8%	1.67%	+0.01
NFLX Netflix Inc.	Reduce -3.8%	0.46%	+0.03
TREX Trex Company Inc.	Reduce -2.8%	0.38%	+0.03
IBB iShares Biotechnology ETF	Reduce -4.3%	1.43%	+0.04
CSCO Cisco Systems Inc.	Reduce -0.5%	0.64%	+0.05
CBOE Cboe Global Markets Inc.	Reduce -3.2%	0.37%	+0.05
GNRC Generac Holdings Inc.	Reduce -9.7%	0.19%	+0.05
LNTH Lantheus Holdings Inc.	Reduce -8.3%	0.62%	+0.07
VTI VG Morningstar TS MKT ETF-US	Reduce -0.3%	3.72%	+0.10
SBUX Starbucks Corp.	Reduce -0.9%	1.82%	+0.22
COST Costco Wholesale Corp.	Reduce -1.2%	2.83%	+0.53
LRCX Lam Research Corp.	Reduce -5.8%	3.67%	+0.77

Portfolio Buys Q4 2025 → Q1 2026


SNDK Sandisk Corp.	New	0.27%	+0.27
WSM Williams-Sonoma Inc.	Add +0.3%	2.82%	+0.26
TXN Texas Instruments Inc.	Add +1.5%	1.41%	+0.26
AMAT Applied Materials Inc.	Add +1.9%	0.56%	+0.18
WDC Western Digital Corp.	Add +5.9%	0.29%	+0.13
IPGP Ipg Photonics Corp.	New	0.13%	+0.13
QQQ Invesco QQQ Trust Series 1	Add +0.2%	4.87%	+0.07
AMZN Amazon.com Inc.	Add +6.8%	1.48%	+0.05
ICE Intercontinental Exchange Inc.	Add +4.7%	0.54%	+0.05
TJX TJX Companies Inc.	Add +5.9%	0.28%	+0.04
TOL Toll Brothers Inc.	Add +2.9%	0.39%	+0.04
EW Edwards Lifesciences Corp.	Add +0.6%	1.33%	+0.02
AMD Advanced Micro Devices	Add +5.6%	0.27%	+0.02
ZTS Zoetis Inc.	Add +9.8%	0.15%	+0.01
SYK Stryker Corp.	Add +1.3%	0.63%	+0.01
AVGO Broadcom Inc.	Add +5.9%	0.28%	+0.01
PANW Palo Alto Networks Inc.	Add +0.6%	0.16%	−0.01
PLTR Palantir Technologies Inc. Class A	Add +4.9%	0.33%	−0.03
NOW ServiceNow Inc.	Add +10.6%	0.15%	−0.03
CRWD CrowdStrike Holdings Inc. Class A	Add +1.6%	0.48%	−0.05
CMG Chipotle Mexican Grill Inc.	Add +0.7%	0.81%	−0.05
MSFT Microsoft Corp.	Add +1.8%	0.33%	−0.06
GDDY GoDaddy Inc. Class A	Add +0.6%	0.48%	−0.18
INTU Intuit Inc.	Add +0.1%	1.57%	−0.66

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	77	$190.8M	AAPL, NVDA, LRCX, QQQ, ISRG
Q1 2026	73	$158.3M	AAPL, NVDA, ISRG, QQQ, VTI
Q4 2025	72	$170.5M	AAPL, NVDA, ISRG, QQQ, VTI
Q3 2025	74	$165.7M	AAPL, NVDA, ISRG, QQQ, VTI
Q2 2025	70	$153.7M	AAPL, NVDA, ISRG, QQQ, VTI
Q1 2025	67	$140.2M	AAPL, ISRG, NVDA, QQQ, VTI
Q4 2024	69	$155.2M	AAPL, ISRG, NVDA, QQQ, VTI
Q3 2024	67	$140.4M	AAPL, ISRG, QQQ, NVDA, VTI
Q2 2024	66	$133.3M	AAPL, ISRG, QQQ, NVDA, VTI
Q1 2024	67	$127.5M	AAPL, ISRG, QQQ, NVDA, VTI