Martin Capital Partners, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 6, 2025), Martin Capital Partners, LLC reported 70 stock positions worth $257.8 million. Its top holding was Amgen (AMGN) at 3.3% of the portfolio, followed by Cme (CME, 3.3%) and Cullen/Frost Bankers (CFR, 3.2%). Compared with Q2 2025, it opened 1 new position, sold out of 6, added to 19 and reduced 50. The biggest buy was a new position in Portland General Electric (POR) and the biggest sale an exit from Comcast Class A (CMCSA).
- Most Recent 13F
- Q2 2026
- Location
- EUGENE, OR
- CIK
- 0001731216
- Portfolio Value
- $257.8M (Q3 2025)
- SEC Filing
- 0001731216-25-000005 ↗ filed Oct 6, 2025
Holdings Value
Holdings 70 stocks · $257.8M
| AMGN Amgen Inc. | 3.30% | 30,119 | $8.5M | Reduce -1.4% |
| CME Cme Group Inc. | 3.26% | 31,137 | $8.4M | Reduce -1.4% |
| CFR Cullen/Frost Bankers Inc. | 3.24% | 65,969 | $8.4M | Reduce -1.6% |
| ASML ASML Holding NV-NY Reg SHS | 3.21% | 8,559 | $8.3M | Reduce -1.1% |
| MSFT Microsoft Corp. | 3.18% | 15,834 | $8.2M | Reduce -1.2% |
| JNJ Johnson & Johnson | 3.13% | 43,470 | $8.1M | Reduce -1.9% |
| CSCO Cisco Systems Inc. | 3.12% | 117,693 | $8.1M | Reduce -2.1% |
| VZ Verizon Communications Inc. | 3.04% | 178,397 | $7.8M | Reduce -1.4% |
| CVX Chevron Corp. | 3.04% | 50,468 | $7.8M | Add +26.4% |
| BKH Black Hills Corp. | 2.97% | 124,490 | $7.7M | Add +17.4% |
| JPM JPMorgan Chase & Co. | 2.91% | 23,805 | $7.5M | Reduce -33.6% |
| GD General Dynamics Corp. | 2.86% | 21,630 | $7.4M | Reduce -2.2% |
| UPS United Parcel Service Class B | 2.70% | 83,463 | $7.0M | Add +49.4% |
| TXN Texas Instruments Inc. | 2.69% | 37,761 | $6.9M | Add +0.5% |
| MDT Medtronic PLC | 2.57% | 69,569 | $6.6M | Reduce -0.0% |
| UL Unilever PLC | 2.56% | 111,293 | $6.6M | Reduce -1.6% |
| O Realty Income Corp. | 2.54% | 107,877 | $6.6M | Reduce -0.5% |
| NVO Novo-Nordisk A/S-Spons ADR | 2.53% | 117,577 | $6.5M | Add +53.8% |
| ETR Entergy Corp. | 2.49% | 69,000 | $6.4M | Reduce -32.3% |
| UNP Union Pacific Corp. | 2.41% | 26,273 | $6.2M | Add +30.4% |
| XOM Exxon Mobil Corp. | 2.39% | 54,584 | $6.2M | Add +0.8% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 2.22% | 55,687 | $5.7M | Reduce -0.8% |
| PG The Procter & Gamble Co. | 2.21% | 37,088 | $5.7M | Add +3.2% |
| RHI Robert Half Inc. | 2.18% | 165,729 | $5.6M | Add +68.6% |
| SPSB SS SPDR P St C Corp. ETF | 2.17% | 184,796 | $5.6M | Reduce -6.6% |
| PEP Pepsico Inc. | 2.14% | 39,204 | $5.5M | Add +76.3% |
| RGA Reinsurance Group of America | 1.94% | 26,075 | $5.0M | Reduce -1.0% |
| NKE Nike Inc. Class B | 1.94% | 71,569 | $5.0M | Add +43.6% |
| IGSB iShares 1-5Y Inv Grade Corp. | 1.88% | 91,632 | $4.9M | Reduce -7.3% |
| POR Portland General Electric Co. | 1.87% | 109,347 | $4.8M | New |
| HD Home Depot Inc. | 1.85% | 11,761 | $4.8M | Reduce -1.6% |
| PFE Pfizer Inc. | 1.85% | 186,807 | $4.8M | Reduce -2.0% |
| DVN Devon Energy Corp. | 1.82% | 133,921 | $4.7M | Add +95.0% |
| PSX Phillips 66 | 1.78% | 33,727 | $4.6M | Reduce -1.3% |
| KOF Coca-Cola Femsa Sab-SP ADR | 1.75% | 54,268 | $4.5M | Add +6.0% |
| SHY iShares 1-3 Year Treasury Bo | 1.53% | 47,429 | $3.9M | Reduce -7.8% |
| TTE Totalenergies SE -Spon ADR | 1.45% | 62,439 | $3.7M | Reduce -2.1% |
| STIP iShares 0-5 Year Tips Bond E | 1.34% | 33,345 | $3.4M | Reduce -7.4% |
| LMT Lockheed Martin Corp. | 1.33% | 6,872 | $3.4M | Add +4.0% |
| IEI iShares 3-7 Year Treasury Bo | 0.46% | 9,930 | $1.2M | Reduce -8.0% |
| DGX Quest Diagnostics Inc. | 0.36% | 4,924 | $938K | Reduce -3.6% |
| COR Cencora Inc. | 0.36% | 2,989 | $934K | Reduce -21.0% |
| CHRW C.H. Robinson Worldwide Inc. | 0.35% | 6,901 | $914K | Reduce -4.7% |
| PFG Principal Financial Group | 0.35% | 10,824 | $897K | Add +5.3% |
| AAPL Apple Inc. | 0.32% | 3,193 | $813K | Add +23.8% |
| MSM MSC Industrial Direct Co. Class A | 0.30% | 8,388 | $773K | Reduce -5.0% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.28% | 4,788 | $713K | Reduce -4.3% |
| CLX Clorox Company | 0.25% | 5,314 | $655K | Reduce -5.4% |
| LECO Lincoln Electric Holdings | 0.25% | 2,773 | $654K | Reduce -4.7% |
| PAYX Paychex Inc. | 0.25% | 5,118 | $649K | Reduce -19.3% |
| SDY SS SPDR S&P Dividend ETF | 0.24% | 4,452 | $624K | Add +2.4% |
| SCHD Schwab US DVD Equity ETF | 0.23% | 21,916 | $598K | Reduce -0.2% |
| OMC Omnicom Group | 0.23% | 7,309 | $596K | Reduce -4.3% |
| INGR Ingredion Inc. | 0.23% | 4,860 | $593K | Reduce -5.5% |
| SWK Stanley Black & Decker Inc. | 0.20% | 7,106 | $528K | Reduce -5.1% |
| CMA Comerica Inc. | 0.20% | 7,687 | $527K | Reduce -4.5% |
| HII Huntington Ingalls Industrie | 0.20% | 1,774 | $511K | Reduce -5.5% |
| EMN Eastman Chemical Co. | 0.17% | 7,089 | $447K | Reduce -13.4% |
| COST Costco Wholesale Corp. | 0.14% | 393 | $364K | Reduce -7.5% |
| SNA Snap-on Inc. | 0.13% | 953 | $330K | Reduce -5.4% |
| LLY Eli Lilly & Co. | 0.12% | 416 | $317K | Reduce -16.8% |
| BWZ State Street SPDR Bloomberg | 0.12% | 11,320 | $315K | Reduce -6.9% |
| REGL Prshrs S&P Mid 400 DVD Arist | 0.12% | 3,515 | $300K | Add +2.5% |
| VIGI Vanguard Int Div App Indx FD | 0.11% | 3,278 | $294K | Add +2.6% |
| HRL Hormel Foods Corp. | 0.11% | 11,691 | $289K | Reduce -6.1% |
| CNP Centerpoint Energy Inc. | 0.11% | 7,078 | $275K | Reduce -5.4% |
| ALSN Allison Transmission Holding | 0.10% | 3,162 | $268K | Reduce -6.2% |
| PAI Western Asset Investment Gra | 0.10% | 19,518 | $250K | Reduce -14.2% |
| AVGO Broadcom Inc. | 0.09% | 732 | $241K | Reduce -17.1% |
| FAX Abrdn Asia-Pacific Income | 0.08% | 13,156 | $214K | Reduce -11.3% |
Portfolio Sells Q2 2025 → Q3 2025
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −2.27 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −1.29 |
| LYB Lyondellbasell Indu Class A | Sold out | 0.00% | −1.17 |
| JPM JPMorgan Chase & Co. | Reduce -33.6% | 2.91% | −1.16 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −1.03 |
| ETR Entergy Corp. | Reduce -32.3% | 2.49% | −0.82 |
| WHR Whirlpool Corp. | Sold out | 0.00% | −0.19 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -6.6% | 2.17% | −0.17 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -7.3% | 1.88% | −0.16 |
| UL Unilever PLC | Reduce -1.6% | 2.56% | −0.15 |
| CME Cme Group Inc. | Reduce -1.4% | 3.26% | −0.15 |
| CSCO Cisco Systems Inc. | Reduce -2.1% | 3.12% | −0.15 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -7.8% | 1.53% | −0.14 |
| CFR Cullen/Frost Bankers Inc. | Reduce -1.6% | 3.24% | −0.13 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -7.4% | 1.34% | −0.12 |
| PAYX Paychex Inc. | Reduce -19.3% | 0.25% | −0.11 |
| RGA Reinsurance Group of America | Reduce -1.0% | 1.94% | −0.10 |
| TTE Totalenergies SE -Spon ADR | Reduce -2.1% | 1.45% | −0.09 |
| COR Cencora Inc. | Reduce -21.0% | 0.36% | −0.08 |
| JKHY Jack Henry & Associates Inc. | Reduce -4.3% | 0.28% | −0.08 |
| EMN Eastman Chemical Co. | Reduce -13.4% | 0.17% | −0.07 |
| XAWFX Alliancebernstein GL Hi Inc. | Sold out | 0.00% | −0.05 |
| AMGN Amgen Inc. | Reduce -1.4% | 3.30% | −0.05 |
| INGR Ingredion Inc. | Reduce -5.5% | 0.23% | −0.04 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -8.0% | 0.46% | −0.04 |
| HRL Hormel Foods Corp. | Reduce -6.1% | 0.11% | −0.04 |
| LLY Eli Lilly & Co. | Reduce -16.8% | 0.12% | −0.03 |
| VZ Verizon Communications Inc. | Reduce -1.4% | 3.04% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -7.5% | 0.14% | −0.02 |
| ALSN Allison Transmission Holding | Reduce -6.2% | 0.10% | −0.02 |
| PAI Western Asset Investment Gra | Reduce -14.2% | 0.10% | −0.02 |
| BWZ State Street SPDR Bloomberg | Reduce -6.9% | 0.12% | −0.01 |
| CLX Clorox Company | Reduce -5.4% | 0.25% | −0.01 |
| FAX Abrdn Asia-Pacific Income | Reduce -11.3% | 0.08% | −0.01 |
| AVGO Broadcom Inc. | Reduce -17.1% | 0.09% | −0.00 |
| CNP Centerpoint Energy Inc. | Reduce -5.4% | 0.11% | −0.00 |
| SCHD Schwab US DVD Equity ETF | Reduce -0.2% | 0.23% | +0.00 |
| DGX Quest Diagnostics Inc. | Reduce -3.6% | 0.36% | +0.00 |
| SNA Snap-on Inc. | Reduce -5.4% | 0.13% | +0.01 |
| MSM MSC Industrial Direct Co. Class A | Reduce -5.0% | 0.30% | +0.01 |
| SWK Stanley Black & Decker Inc. | Reduce -5.1% | 0.20% | +0.01 |
| OMC Omnicom Group | Reduce -4.3% | 0.23% | +0.02 |
| CMA Comerica Inc. | Reduce -4.5% | 0.20% | +0.02 |
| LECO Lincoln Electric Holdings | Reduce -4.7% | 0.25% | +0.02 |
| HII Huntington Ingalls Industrie | Reduce -5.5% | 0.20% | +0.02 |
| PFE Pfizer Inc. | Reduce -2.0% | 1.85% | +0.04 |
| MSFT Microsoft Corp. | Reduce -1.2% | 3.18% | +0.06 |
| CHRW C.H. Robinson Worldwide Inc. | Reduce -4.7% | 0.35% | +0.08 |
| TROW T Rowe Price Group Inc. | Reduce -0.8% | 2.22% | +0.09 |
| O Realty Income Corp. | Reduce -0.5% | 2.54% | +0.09 |
Portfolio Buys Q2 2025 → Q3 2025
| POR Portland General Electric Co. | New | 1.87% | +1.87 |
| PEP Pepsico Inc. | Add +76.3% | 2.14% | +0.98 |
| DVN Devon Energy Corp. | Add +95.0% | 1.82% | +0.96 |
| CVX Chevron Corp. | Add +26.4% | 3.04% | +0.80 |
| BKH Black Hills Corp. | Add +17.4% | 2.97% | +0.64 |
| RHI Robert Half Inc. | Add +68.6% | 2.18% | +0.60 |
| UNP Union Pacific Corp. | Add +30.4% | 2.41% | +0.59 |
| NKE Nike Inc. Class B | Add +43.6% | 1.94% | +0.55 |
| UPS United Parcel Service Class B | Add +49.4% | 2.70% | +0.49 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +53.8% | 2.53% | +0.46 |
| LMT Lockheed Martin Corp. | Add +4.0% | 1.33% | +0.13 |
| AAPL Apple Inc. | Add +23.8% | 0.32% | +0.11 |
| XOM Exxon Mobil Corp. | Add +0.8% | 2.39% | +0.10 |
| PFG Principal Financial Group | Add +5.3% | 0.35% | +0.03 |
| SDY SS SPDR S&P Dividend ETF | Add +2.4% | 0.24% | +0.01 |
| REGL Prshrs S&P Mid 400 DVD Arist | Add +2.5% | 0.12% | +0.01 |
| VIGI Vanguard Int Div App Indx FD | Add +2.6% | 0.11% | +0.00 |
| PG The Procter & Gamble Co. | Add +3.2% | 2.21% | −0.03 |
| KOF Coca-Cola Femsa Sab-SP ADR | Add +6.0% | 1.75% | −0.19 |
| TXN Texas Instruments Inc. | Add +0.5% | 2.69% | −0.37 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 72 | $272.0M | AMGN, CFR, JNJ, ASML, CSCO |
| Q1 2026 | 68 | $269.1M | AMGN, CVX, JNJ, CFR, CME |
| Q4 2025 | 70 | $265.8M | AMGN, MSFT, ASML, CSCO, CFR |
| Q3 2025 | 70 | $257.8M | AMGN, CME, CFR, ASML, MSFT |
| Q2 2025 | 75 | $255.1M | JPM, CME, CFR, AMGN, ETR |
| Q1 2025 | 58 | $83.6M | SPSB, IGSB, AMGN, JPM, ETR |
| Q4 2024 | 58 | $84.3M | SPSB, IGSB, CFR, JPM, SHY |
| Q3 2024 | 69 | $202.4M | ETR, AMGN, VZ, TXN, CFR |
| Q2 2024 | 71 | $247.6M | UL, GD, AMGN, TXN, JPM |
| Q1 2024 | 69 | $260.7M | MRK, GD, CFR, UL, VZ |