Martin Capital Partners, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 7, 2026), Martin Capital Partners, LLC reported 68 stock positions worth $269.1 million. Its top holding was Amgen (AMGN) at 4.0% of the portfolio, followed by Chevron (CVX, 3.8%) and Johnson & Johnson (JNJ, 3.8%). Compared with Q4 2025, it opened 2 new positions, sold out of 4, added to 26 and reduced 35. The biggest buy was McCormick & Co.-Non VTG SHRS (MKC, shares +106%) and the biggest sale an exit from Robert Half (RHI).
- Most Recent 13F
- Q2 2026
- Location
- EUGENE, OR
- CIK
- 0001731216
- Portfolio Value
- $269.1M (Q1 2026)
- SEC Filing
- 0001731216-26-000002 ↗ filed Apr 7, 2026
Holdings Value
Holdings 68 stocks · $269.1M
| AMGN Amgen Inc. | 3.97% | 30,368 | $10.7M | Add +0.1% |
| CVX Chevron Corp. | 3.83% | 49,785 | $10.3M | Reduce -0.4% |
| JNJ Johnson & Johnson | 3.81% | 41,941 | $10.3M | Reduce -1.0% |
| CFR Cullen/Frost Bankers Inc. | 3.56% | 69,950 | $9.6M | Reduce -0.3% |
| CME Cme Group Inc. | 3.47% | 31,572 | $9.3M | Add +0.7% |
| XOM Exxon Mobil Corp. | 3.44% | 54,543 | $9.3M | Reduce -0.5% |
| CSCO Cisco Systems Inc. | 3.34% | 115,966 | $9.0M | Reduce -0.8% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 3.22% | 6,553 | $8.7M | Reduce -22.9% |
| BKH Black Hills Corp. | 3.18% | 123,329 | $8.6M | Reduce -0.1% |
| MSFT Microsoft Corp. | 2.76% | 20,081 | $7.4M | Add +6.0% |
| TXN Texas Instruments Inc. | 2.73% | 37,817 | $7.3M | Reduce -0.8% |
| GD General Dynamics Corp. | 2.71% | 21,285 | $7.3M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 2.56% | 23,447 | $6.9M | Reduce -0.7% |
| DVN Devon Energy Corp. | 2.48% | 132,382 | $6.7M | Reduce -0.3% |
| O Realty Income Corp. | 2.45% | 107,739 | $6.6M | Add +0.0% |
| MKC McCormick & Co.-Non VTG SHRS | 2.39% | 127,314 | $6.4M | Add +105.9% |
| PEP Pepsico Inc. | 2.34% | 40,600 | $6.3M | Add +2.3% |
| UNP Union Pacific Corp. | 2.34% | 25,920 | $6.3M | Reduce -0.1% |
| PSX Phillips 66 | 2.28% | 33,721 | $6.1M | Reduce -0.2% |
| MDT Medtronic PLC | 2.23% | 69,360 | $6.0M | Reduce -0.5% |
| UL Unilever PLC-Sponsored ADR | 2.23% | 105,391 | $6.0M | Add +0.4% |
| VZ Verizon Communications Inc. | 2.19% | 117,370 | $5.9M | Reduce -0.2% |
| TTE Totalenergies SE | 2.18% | 64,507 | $5.9M | Reduce -0.7% |
| RGA Reinsurance Group of America | 2.18% | 28,741 | $5.9M | Add +9.5% |
| POR Portland General Electric Co. | 2.13% | 108,815 | $5.7M | Reduce -0.6% |
| KOF Coca-Cola Femsa Sab-SP ADR | 2.07% | 57,004 | $5.6M | Add +4.6% |
| SPSB SS SPDR P St C Corp. ETF | 2.05% | 183,800 | $5.5M | Reduce -0.6% |
| ETR Entergy Corp. | 2.00% | 47,794 | $5.4M | Reduce -0.2% |
| PFE Pfizer Inc. | 1.97% | 188,873 | $5.3M | Add +0.4% |
| PG The Procter & Gamble Co. | 1.96% | 36,603 | $5.3M | Reduce -0.4% |
| UPS United Parcel Service Class B | 1.88% | 51,321 | $5.0M | Reduce -38.0% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 1.85% | 55,104 | $5.0M | Add +0.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 1.78% | 90,878 | $4.8M | Reduce -0.8% |
| CLX Clorox Company | 1.77% | 46,016 | $4.8M | Add +1.8% |
| NVO Novo-Nordisk A/S-Spons ADR | 1.60% | 117,180 | $4.3M | Add +1.9% |
| NKE Nike Inc. Class B | 1.46% | 74,425 | $3.9M | Add +1.1% |
| HD Home Depot Inc. | 1.43% | 11,726 | $3.9M | Reduce -0.1% |
| SHY iShares 1-3 Year Treasury Bo | 1.42% | 46,308 | $3.8M | Reduce -0.7% |
| STIP iShares 0-5 Year Tips Bond E | 1.28% | 33,185 | $3.4M | Reduce -0.5% |
| IEI iShares 3-7 Year Treasury Bo | 0.43% | 9,690 | $1.1M | Add +0.6% |
| PFG Principal Financial Group | 0.36% | 10,744 | $968K | Reduce -0.0% |
| DGX Quest Diagnostics Inc. | 0.36% | 4,922 | $965K | Add +0.2% |
| COR Cencora Inc. | 0.35% | 2,973 | $934K | Add +0.2% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.31% | 5,211 | $823K | Add +0.3% |
| AAPL Apple Inc. | 0.30% | 3,195 | $811K | Add +0.0% |
| MSM MSC Industrial Direct Co. Class A | 0.29% | 8,346 | $770K | Reduce -0.1% |
| SCHD Schwab US DVD Equity ETF | 0.24% | 21,469 | $659K | Add +0.5% |
| PAYX Paychex Inc. | 0.24% | 7,006 | $645K | Add +0.2% |
| SDY SS SPDR S&P Dividend ETF | 0.23% | 4,196 | $612K | Reduce -37.1% |
| LECO Lincoln Electric Holdings | 0.23% | 2,444 | $609K | Reduce -0.2% |
| INGR Ingredion Inc. | 0.22% | 5,135 | $579K | Add +0.2% |
| SWK Stanley Black & Decker Inc. | 0.19% | 7,242 | $515K | Reduce -0.2% |
| COST Costco Wholesale Corp. | 0.15% | 393 | $392K | No change |
| ALSN Allison Transmission Holding | 0.14% | 3,217 | $377K | Reduce -0.2% |
| EMN Eastman Chemical Co. | 0.14% | 4,853 | $370K | No change |
| SNA Snap-on Inc. | 0.13% | 957 | $348K | Reduce -0.9% |
| LLY Eli Lilly & Co. | 0.13% | 366 | $337K | Reduce -12.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.12% | 515 | $335K | New |
| CNP Centerpoint Energy Inc. | 0.11% | 7,148 | $309K | Add +0.9% |
| REGL Prshrs S&P Mid 400 DVD Arist | 0.11% | 3,480 | $301K | Add +1.5% |
| HRL Hormel Foods Corp. | 0.11% | 13,120 | $297K | Add +6.1% |
| VIGI Vanguard Int Div App Indx FD | 0.11% | 3,262 | $289K | Add +2.0% |
| BWZ State Street SPDR Bloomberg | 0.10% | 9,829 | $265K | Reduce -5.4% |
| HII Huntington Ingalls Industrie | 0.09% | 621 | $236K | Reduce -32.0% |
| PAI Western Asset Investment Gra | 0.09% | 19,518 | $236K | No change |
| CAT Caterpillar Inc. | 0.08% | 294 | $208K | New |
| AVGO Broadcom Inc. | 0.08% | 662 | $205K | No change |
| FAX Abrdn Asia-Pacific Income | 0.07% | 13,156 | $190K | No change |
Portfolio Sells Q4 2025 → Q1 2026
| RHI Robert Half Inc. | Sold out | 0.00% | −1.62 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −1.28 |
| UPS United Parcel Service Class B | Reduce -38.0% | 1.88% | −1.21 |
| JPM JPMorgan Chase & Co. | Reduce -0.7% | 2.56% | −0.30 |
| MDT Medtronic PLC | Reduce -0.5% | 2.23% | −0.28 |
| CHRW C.H. Robinson Worldwide Inc. | Sold out | 0.00% | −0.26 |
| CMA Comerica Inc. | Sold out | 0.00% | −0.21 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -22.9% | 3.22% | −0.20 |
| SDY SS SPDR S&P Dividend ETF | Reduce -37.1% | 0.23% | −0.12 |
| HD Home Depot Inc. | Reduce -0.1% | 1.43% | −0.09 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -0.8% | 1.78% | −0.05 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -0.6% | 2.05% | −0.05 |
| CSCO Cisco Systems Inc. | Reduce -0.8% | 3.34% | −0.04 |
| BKH Black Hills Corp. | Reduce -0.1% | 3.18% | −0.04 |
| LLY Eli Lilly & Co. | Reduce -12.0% | 0.13% | −0.04 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -0.7% | 1.42% | −0.03 |
| HII Huntington Ingalls Industrie | Reduce -32.0% | 0.09% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -0.4% | 1.96% | −0.02 |
| SWK Stanley Black & Decker Inc. | Reduce -0.2% | 0.19% | −0.01 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -0.5% | 1.28% | −0.01 |
| BWZ State Street SPDR Bloomberg | Reduce -5.4% | 0.10% | −0.01 |
| PFG Principal Financial Group | Reduce -0.0% | 0.36% | +0.00 |
| SNA Snap-on Inc. | Reduce -0.9% | 0.13% | +0.00 |
| GD General Dynamics Corp. | Reduce -0.5% | 2.71% | +0.01 |
| LECO Lincoln Electric Holdings | Reduce -0.2% | 0.23% | +0.01 |
| ALSN Allison Transmission Holding | Reduce -0.2% | 0.14% | +0.02 |
| MSM MSC Industrial Direct Co. Class A | Reduce -0.1% | 0.29% | +0.02 |
| UNP Union Pacific Corp. | Reduce -0.1% | 2.34% | +0.08 |
| POR Portland General Electric Co. | Reduce -0.6% | 2.13% | +0.16 |
| CFR Cullen/Frost Bankers Inc. | Reduce -0.3% | 3.56% | +0.22 |
| TXN Texas Instruments Inc. | Reduce -0.8% | 2.73% | +0.24 |
| ETR Entergy Corp. | Reduce -0.2% | 2.00% | +0.33 |
| VZ Verizon Communications Inc. | Reduce -0.2% | 2.19% | +0.39 |
| JNJ Johnson & Johnson | Reduce -1.0% | 3.81% | +0.51 |
| TTE Totalenergies SE | Reduce -0.7% | 2.18% | +0.58 |
| PSX Phillips 66 | Reduce -0.2% | 2.28% | +0.64 |
| DVN Devon Energy Corp. | Reduce -0.3% | 2.48% | +0.65 |
| XOM Exxon Mobil Corp. | Reduce -0.5% | 3.44% | +0.96 |
| CVX Chevron Corp. | Reduce -0.4% | 3.83% | +0.96 |
Portfolio Buys Q4 2025 → Q1 2026
| MKC McCormick & Co.-Non VTG SHRS | Add +105.9% | 2.39% | +0.80 |
| CME Cme Group Inc. | Add +0.7% | 3.47% | +0.24 |
| AMGN Amgen Inc. | Add +0.1% | 3.97% | +0.23 |
| PFE Pfizer Inc. | Add +0.4% | 1.97% | +0.21 |
| PEP Pepsico Inc. | Add +2.3% | 2.34% | +0.20 |
| RGA Reinsurance Group of America | Add +9.5% | 2.18% | +0.17 |
| O Realty Income Corp. | Add +0.0% | 2.45% | +0.17 |
| KOF Coca-Cola Femsa Sab-SP ADR | Add +4.6% | 2.07% | +0.13 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.12% | +0.12 |
| CAT Caterpillar Inc. | New | 0.08% | +0.08 |
| CLX Clorox Company | Add +1.8% | 1.77% | +0.06 |
| DGX Quest Diagnostics Inc. | Add +0.2% | 0.36% | +0.04 |
| SCHD Schwab US DVD Equity ETF | Add +0.5% | 0.24% | +0.02 |
| CNP Centerpoint Energy Inc. | Add +0.9% | 0.11% | +0.01 |
| REGL Prshrs S&P Mid 400 DVD Arist | Add +1.5% | 0.11% | +0.00 |
| INGR Ingredion Inc. | Add +0.2% | 0.22% | +0.00 |
| HRL Hormel Foods Corp. | Add +6.1% | 0.11% | +0.00 |
| VIGI Vanguard Int Div App Indx FD | Add +2.0% | 0.11% | −0.00 |
| IEI iShares 3-7 Year Treasury Bo | Add +0.6% | 0.43% | −0.01 |
| AAPL Apple Inc. | Add +0.0% | 0.30% | −0.03 |
| COR Cencora Inc. | Add +0.2% | 0.35% | −0.03 |
| JKHY Jack Henry & Associates Inc. | Add +0.3% | 0.31% | −0.05 |
| PAYX Paychex Inc. | Add +0.2% | 0.24% | −0.06 |
| TROW T Rowe Price Group Inc. | Add +0.0% | 1.85% | −0.28 |
| NKE Nike Inc. Class B | Add +1.1% | 1.46% | −0.30 |
| UL Unilever PLC-Sponsored ADR | Add +0.4% | 2.23% | −0.35 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +1.9% | 1.60% | −0.60 |
| MSFT Microsoft Corp. | Add +6.0% | 2.76% | −0.69 |
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 |