Martin Capital Partners, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 8, 2025), Martin Capital Partners, LLC reported 75 stock positions worth $255.1 million. Its top holding was JPMorgan Chase (JPM) at 4.1% of the portfolio, followed by Cme (CME, 3.4%) and Cullen/Frost Bankers (CFR, 3.4%). Compared with Q1 2025, it opened 18 new positions, sold out of 1 and added to 56. The biggest buy was JPMorgan Chase (JPM, shares +218%) and the biggest sale an exit from Coca-Cola (KO).

Most Recent 13F
Q2 2026
Location
EUGENE, OR
CIK
0001731216
Portfolio Value
$255.1M (Q2 2025)
SEC Filing
0001731216-25-000003 ↗ filed Jul 8, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $260.7M Q1 2024 Q2 2024: $247.6M Q2 2024 Q3 2024: $202.4M Q3 2024 Q4 2024: $84.3M Q4 2024 Q1 2025: $83.6M Q1 2025 Q2 2025: $255.1M $255.1M Q2 2025 Q3 2025: $257.8M Q3 2025 Q4 2025: $265.8M Q4 2025 Q1 2026: $269.1M Q1 2026 Q2 2026: $272.0M Q2 2026

Holdings 75 stocks · $255.1M

JPM JPMorgan Chase & Co. 4.07% 35,840 $10.4M Add +217.7%
CME Cme Group Inc. 3.41% 31,577 $8.7M Add +239.2%
CFR Cullen/Frost Bankers Inc. 3.38% 67,030 $8.6M Add +221.2%
AMGN Amgen Inc. 3.34% 30,545 $8.5M Add +227.7%
ETR Entergy Corp. 3.32% 101,846 $8.5M Add +216.1%
CSCO Cisco Systems Inc. 3.27% 120,196 $8.3M Add +224.9%
MSFT Microsoft Corp. 3.12% 16,022 $8.0M Add +198.5%
VZ Verizon Communications Inc. 3.07% 180,913 $7.8M Add +220.6%
TXN Texas Instruments Inc. 3.06% 37,578 $7.8M Add +218.5%
ASML ASML Holding NV-NY Reg SHS 2.72% 8,651 $6.9M Add +232.6%
UL Unilever PLC 2.71% 113,129 $6.9M Add +208.3%
JNJ Johnson & Johnson 2.65% 44,302 $6.8M Add +211.5%
GD General Dynamics Corp. 2.53% 22,123 $6.5M Add +215.6%
O Realty Income Corp. 2.45% 108,467 $6.2M Add +243.2%
MDT Medtronic PLC 2.38% 69,575 $6.1M Add +225.5%
SPSB SS SPDR P St C Corp. ETF 2.34% 197,828 $6.0M Add +67.2%
BKH Black Hills Corp. 2.33% 106,036 $5.9M Add +255.1%
XOM Exxon Mobil Corp. 2.29% 54,149 $5.8M Add +233.0%
CMCSA Comcast Corp. Class A 2.27% 162,125 $5.8M Add +228.2%
PG The Procter & Gamble Co. 2.24% 35,942 $5.7M Add +209.7%
CVX Chevron Corp. 2.24% 39,912 $5.7M Add +226.6%
UPS United Parcel Service Class B 2.21% 55,866 $5.6M Add +245.7%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 2.12% 56,155 $5.4M Add +224.0%
NVO Novo-Nordisk A/S-Spons ADR 2.07% 76,448 $5.3M Add +261.5%
RGA Reinsurance Group of America 2.05% 26,338 $5.2M Add +225.4%
IGSB iShares 1-5Y Inv Grade Corp. 2.04% 98,819 $5.2M Add +75.6%
KOF Coca-Cola Femsa Sab-SP ADR 1.94% 51,178 $5.0M Add +204.3%
UNP Union Pacific Corp. 1.82% 20,148 $4.6M Add +223.0%
PFE Pfizer Inc. 1.81% 190,573 $4.6M Add +245.1%
HD Home Depot Inc. 1.72% 11,949 $4.4M Add +214.0%
SHY iShares 1-3 Year Treasury Bo 1.67% 51,441 $4.3M Add +69.3%
PSX Phillips 66 1.60% 34,158 $4.1M Add +248.4%
RHI Robert Half Inc. 1.58% 98,310 $4.0M Add +265.7%
TTE Totalenergies SE -Spon ADR 1.53% 63,764 $3.9M Add +211.7%
STIP iShares 0-5 Year Tips Bond E 1.45% 36,016 $3.7M Add +86.4%
NKE Nike Inc. Class B 1.39% 49,827 $3.5M Add +229.3%
DEO Diageo PLC-Sponsored ADR 1.29% 32,525 $3.3M Add +225.8%
LMT Lockheed Martin Corp. 1.20% 6,611 $3.1M Add +198.9%
LYB Lyondellbasell Indu Class A 1.17% 51,431 $3.0M Add +247.7%
PEP Pepsico Inc. 1.15% 22,242 $2.9M Add +207.3%
UNH Unitedhealth Group Inc. 1.03% 8,455 $2.6M Add +201.2%
DVN Devon Energy Corp. 0.86% 68,683 $2.2M Add +221.3%
IEI iShares 3-7 Year Treasury Bo 0.50% 10,790 $1.3M Add +78.7%
COR Cencora Inc. 0.45% 3,784 $1.1M Add +205.2%
PAYX Paychex Inc. 0.36% 6,340 $922K Add +166.9%
DGX Quest Diagnostics Inc. 0.36% 5,107 $917K Add +194.2%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.35% 5,002 $901K Add +190.8%
PFG Principal Financial Group 0.32% 10,278 $816K Add +206.0%
MSM MSC Industrial Direct Co. Class A 0.29% 8,825 $750K Add +168.2%
INGR Ingredion Inc. 0.27% 5,144 $698K Add +205.1%
CHRW C.H. Robinson Worldwide Inc. 0.27% 7,238 $695K Add +194.3%
CLX Clorox Company 0.26% 5,615 $674K Add +172.6%
EMN Eastman Chemical Co. 0.24% 8,189 $611K Add +211.1%
LECO Lincoln Electric Holdings 0.24% 2,910 $603K New
SDY SS SPDR S&P Dividend ETF 0.23% 4,346 $590K New
SCHD Schwab US DVD Equity ETF 0.23% 21,967 $582K New
OMC Omnicom Group 0.22% 7,637 $549K New
AAPL Apple Inc. 0.21% 2,580 $529K Add +47.9%
SWK Stanley Black & Decker Inc. 0.20% 7,485 $507K New
WHR Whirlpool Corp. 0.19% 4,856 $493K New
CMA Comerica Inc. 0.19% 8,052 $480K New
HII Huntington Ingalls Industrie 0.18% 1,877 $453K New
COST Costco Wholesale Corp. 0.17% 425 $421K New
LLY Eli Lilly & Co. 0.15% 500 $390K No change
HRL Hormel Foods Corp. 0.15% 12,454 $377K New
BWZ State Street SPDR Bloomberg 0.13% 12,157 $341K Add +58.2%
ALSN Allison Transmission Holding 0.13% 3,370 $320K New
SNA Snap-on Inc. 0.12% 1,007 $313K New
PAI Western Asset Investment Gra 0.12% 22,750 $295K Add +97.3%
VIGI Vanguard Int Div App Indx FD 0.11% 3,194 $288K New
REGL Prshrs S&P Mid 400 DVD Arist 0.11% 3,428 $280K New
CNP Centerpoint Energy Inc. 0.11% 7,484 $275K New
AVGO Broadcom Inc. 0.10% 883 $244K New
FAX Abrdn Asia-Pacific Income 0.09% 14,839 $236K New
XAWFX Alliancebernstein GL Hi Inc. 0.05% 11,179 $123K New

Portfolio Sells Q1 2025 → Q2 2025

KO The Coca-Cola Co. Sold out 0.00% −0.27

Portfolio Buys Q1 2025 → Q2 2025

JPM JPMorgan Chase & Co. Add +217.7% 4.07% +0.76
MSFT Microsoft Corp. Add +198.5% 3.12% +0.71
ASML ASML Holding NV-NY Reg SHS Add +232.6% 2.72% +0.66
CSCO Cisco Systems Inc. Add +224.9% 3.27% +0.54
TXN Texas Instruments Inc. Add +218.5% 3.06% +0.52
CME Cme Group Inc. Add +239.2% 3.41% +0.46
NVO Novo-Nordisk A/S-Spons ADR Add +261.5% 2.07% +0.31
O Realty Income Corp. Add +243.2% 2.45% +0.26
CFR Cullen/Frost Bankers Inc. Add +221.2% 3.38% +0.25
GD General Dynamics Corp. Add +215.6% 2.53% +0.24
NKE Nike Inc. Class B Add +229.3% 1.39% +0.24
LECO Lincoln Electric Holdings New 0.24% +0.24
SDY SS SPDR S&P Dividend ETF New 0.23% +0.23
SCHD Schwab US DVD Equity ETF New 0.23% +0.23
TROW T Rowe Price Group Inc. Add +224.0% 2.12% +0.22
OMC Omnicom Group New 0.22% +0.22
SWK Stanley Black & Decker Inc. New 0.20% +0.20
WHR Whirlpool Corp. New 0.19% +0.19
CMA Comerica Inc. New 0.19% +0.19
HII Huntington Ingalls Industrie New 0.18% +0.18
BKH Black Hills Corp. Add +255.1% 2.33% +0.17
COST Costco Wholesale Corp. New 0.17% +0.17
PSX Phillips 66 Add +248.4% 1.60% +0.15
HRL Hormel Foods Corp. New 0.15% +0.15
RGA Reinsurance Group of America Add +225.4% 2.05% +0.14
PFE Pfizer Inc. Add +245.1% 1.81% +0.14
ALSN Allison Transmission Holding New 0.13% +0.13
SNA Snap-on Inc. New 0.12% +0.12
VIGI Vanguard Int Div App Indx FD New 0.11% +0.11
REGL Prshrs S&P Mid 400 DVD Arist New 0.11% +0.11
CNP Centerpoint Energy Inc. New 0.11% +0.11
KOF Coca-Cola Femsa Sab-SP ADR Add +204.3% 1.94% +0.10
UL Unilever PLC Add +208.3% 2.71% +0.10
AVGO Broadcom Inc. New 0.10% +0.10
FAX Abrdn Asia-Pacific Income New 0.09% +0.09
CMCSA Comcast Corp. Class A Add +228.2% 2.27% +0.09
UPS United Parcel Service Class B Add +245.7% 2.21% +0.09
MDT Medtronic PLC Add +225.5% 2.38% +0.08
UNP Union Pacific Corp. Add +223.0% 1.82% +0.06
HD Home Depot Inc. Add +214.0% 1.72% +0.05
XAWFX Alliancebernstein GL Hi Inc. New 0.05% +0.05
DEO Diageo PLC-Sponsored ADR Add +225.8% 1.29% +0.04
COR Cencora Inc. Add +205.2% 0.45% +0.03
ETR Entergy Corp. Add +216.1% 3.32% +0.02
LMT Lockheed Martin Corp. Add +198.9% 1.20% +0.02
DGX Quest Diagnostics Inc. Add +194.2% 0.36% +0.01
VZ Verizon Communications Inc. Add +220.6% 3.07% +0.01
INGR Ingredion Inc. Add +205.1% 0.27% +0.00
MSM MSC Industrial Direct Co. Class A Add +168.2% 0.29% −0.01
PFG Principal Financial Group Add +206.0% 0.32% −0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 72$272.0MAMGN, CFR, JNJ, ASML, CSCO
Q1 2026 68$269.1MAMGN, CVX, JNJ, CFR, CME
Q4 2025 70$265.8MAMGN, MSFT, ASML, CSCO, CFR
Q3 2025 70$257.8MAMGN, CME, CFR, ASML, MSFT
Q2 2025 75$255.1MJPM, CME, CFR, AMGN, ETR
Q1 2025 58$83.6MSPSB, IGSB, AMGN, JPM, ETR
Q4 2024 58$84.3MSPSB, IGSB, CFR, JPM, SHY
Q3 2024 69$202.4METR, AMGN, VZ, TXN, CFR
Q2 2024 71$247.6MUL, GD, AMGN, TXN, JPM
Q1 2024 69$260.7MMRK, GD, CFR, UL, VZ