Middleton & Co. Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 5, 2025), Middleton & Co. Inc. reported 158 stock positions worth $905.1 million. Its top holding was Apple (AAPL) at 7.2% of the portfolio, followed by Amazon.com (AMZN, 6.4%) and Alphabet Class A (GOOGL, 5.0%). Compared with Q3 2024, it sold out of 8, added to 43 and reduced 78. The biggest buy was Pgim Aaa Clo ETF (PAAA, shares +143%) and the biggest sale Danaher (DHR, shares −7%).

Most Recent 13F
Q2 2026
Location
BOSTON, MA
CIK
0000919497
Portfolio Value
$905.1M (Q4 2024)
SEC Filing
0001398344-25-002001 ↗ filed Feb 5, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $867.1M Q1 2024 Q2 2024: $860.7M Q2 2024 Q3 2024: $905.0M Q3 2024 Q4 2024: $905.1M $905.1M Q4 2024 Q1 2025: $856.0M Q1 2025 Q2 2025: $890.3M Q2 2025 Q3 2025: $925.3M Q3 2025 Q4 2025: $941.8M Q4 2025 Q1 2026: $876.9M Q1 2026 Q2 2026: $941.9M Q2 2026

Holdings 158 stocks · $905.1M
AAPL Apple Inc. 7.19% 260,031 $65.1M Reduce -0.1%
AMZN Amazon.com Inc. 6.41% 264,323 $58.0M Reduce -1.3%
GOOGL Alphabet Inc. Class A 5.00% 239,172 $45.3M Reduce -0.4%
AVGO Broadcom Inc. 3.87% 151,061 $35.0M Reduce -0.5%
IVV iShares Core S&P 500 ETF 3.42% 52,630 $31.0M Add +0.1%
V Visa Inc. Class A 2.85% 81,676 $25.8M Reduce -0.7%
MSFT Microsoft Corp. 2.82% 60,509 $25.5M Add +1.5%
COST Costco Wholesale Corp. 2.78% 27,434 $25.1M Reduce -2.3%
NOW ServiceNow Inc. 2.41% 20,610 $21.8M Reduce -3.7%
CRM Salesforce Inc. 2.24% 60,642 $20.3M Reduce -0.6%
JPM JPMorgan Chase & Co. 2.23% 84,061 $20.2M Reduce -1.6%
ORLY O'reilly Automotive Inc. 2.14% 16,356 $19.4M Reduce -2.3%
PANW Palo Alto Networks Inc. 2.08% 103,604 $18.9M Add +0.7%
DHR Danaher Corp. 1.96% 77,169 $17.7M Reduce -7.1%
INTU Intuit Inc. 1.74% 24,992 $15.7M Add +1.0%
ABBV Abbvie Inc. 1.70% 86,727 $15.4M Reduce -0.3%
NEE Nextera Energy Inc. 1.62% 204,159 $14.6M Reduce -0.2%
MRK Merck & Co. Inc. 1.61% 146,568 $14.6M Add +6.1%
UNH Unitedhealth Group Inc. 1.55% 27,815 $14.1M Reduce -2.8%
XOM Exxon Mobil Corp. 1.52% 127,780 $13.7M Reduce -0.4%
QCOM Qualcomm Inc. 1.49% 87,908 $13.5M Add +0.3%
VRSK Verisk Analytics Inc. 1.46% 47,964 $13.2M Reduce -1.7%
IEF iShares 7-10 Year Treasury B 1.40% 137,487 $12.7M Reduce -12.3%
BRK.B Berkshire Hathaway Inc. Class B 1.31% 26,222 $11.9M Reduce -1.0%
SPGI S&P Global Inc. 1.27% 23,003 $11.5M Add +0.0%
EQIX Equinix Inc. 1.23% 11,795 $11.1M Reduce -0.8%
FISV Fiserv Inc. 1.21% 53,227 $10.9M Reduce -1.8%
AMT American Tower Corp. 1.18% 58,411 $10.7M Reduce -2.7%
STE Steris PLC 1.12% 49,135 $10.1M Add +0.9%
ADBE Adobe Inc. 1.10% 22,426 $10.0M Add +8.7%
FTV Fortive Corp. 1.08% 130,486 $9.8M Reduce -0.3%
IQV Iqvia Holdings Inc. 1.05% 48,438 $9.5M Add +1.3%
SNPS Synopsys Inc. 1.04% 19,437 $9.4M Add +11.7%
META Meta Platforms Inc. Class A 1.02% 15,762 $9.2M Reduce -0.8%
XYL Xylem Inc. 1.01% 78,739 $9.1M Add +3.6%
SYK Stryker Corp. 0.94% 23,559 $8.5M Reduce -0.8%
ECL Ecolab Inc. 0.90% 34,725 $8.1M Reduce -1.5%
VGSH Vanguard Short-Term Treasury 0.89% 137,880 $8.0M Reduce -3.4%
GOOG Alphabet Inc. Class C 0.88% 41,947 $8.0M Reduce -1.7%
MDLZ Mondelez International Inc. Class A 0.86% 130,647 $7.8M Add +2.4%
MSCI MSCI Inc. 0.84% 12,692 $7.6M Reduce -0.1%
VCSH Vanguard S/T Corp. Bond ETF 0.65% 75,803 $5.9M Reduce -2.4%
PYPL PayPal Holdings Inc. 0.62% 65,695 $5.6M Reduce -6.1%
IJH iShares Core S&P Midcap ETF 0.61% 88,975 $5.5M Add +2.6%
IJR iShares Core S&P Small-Cap E 0.58% 45,889 $5.3M Reduce -9.2%
IDXX Idexx Laboratories Inc. 0.56% 12,305 $5.1M Add +98.2%
CB Chubb Ltd. 0.56% 18,251 $5.0M Reduce -6.5%
SBUX Starbucks Corp. 0.55% 54,634 $5.0M Reduce -5.9%
ODFL Old Dominion Freight Line 0.52% 26,679 $4.7M Add +0.3%
CEG Constellation Energy 0.51% 20,777 $4.6M Add +3.3%
VGIT Vanguard Intermediate-Term T 0.49% 76,280 $4.4M Add +51.0%
BR Broadridge Financial Solutio 0.48% 19,210 $4.3M Reduce -0.6%
ROP Roper Technologies Inc. 0.48% 8,303 $4.3M Reduce -7.2%
HD Home Depot Inc. 0.44% 10,171 $4.0M Reduce -8.2%
WSO Watsco Inc. 0.43% 8,277 $3.9M Reduce -1.3%
ABT Abbott Laboratories 0.43% 34,121 $3.9M Reduce -1.4%
PEP Pepsico Inc. 0.42% 25,212 $3.8M Reduce -1.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.41% 33,194 $3.7M Reduce -13.2%
RNR Renaissancere Holdings Ltd. 0.40% 14,674 $3.7M Reduce -2.3%
EXC Exelon Corp. 0.40% 95,346 $3.6M Add +0.2%
PAAA Pgim Aaa Clo ETF 0.38% 67,760 $3.5M Add +143.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.35% 5,447 $3.2M Add +2.5%
CVX Chevron Corp. 0.34% 20,982 $3.0M Add +0.7%
IWF iShares Russell 1000 Growth 0.33% 7,426 $3.0M Reduce -2.6%
IWR iShares Russell Mid-Cap ETF 0.32% 32,798 $2.9M Reduce -2.5%
TMO Thermo Fisher Scientific Inc. 0.30% 5,257 $2.7M Add +0.6%
LOW Lowe's Cos Inc. 0.29% 10,781 $2.7M Reduce -5.7%
USFR Wisdomtree Floating Rate Tre 0.29% 51,505 $2.6M Reduce -19.3%
PG The Procter & Gamble Co. 0.27% 14,466 $2.4M Reduce -6.5%
WCN Waste Connections Inc. 0.25% 13,106 $2.2M Reduce -0.1%
ROL Rollins Inc. 0.24% 47,090 $2.2M Add +0.2%
NVDA Nvidia Corp. 0.23% 15,810 $2.1M Add +4.3%
ZTS Zoetis Inc. 0.23% 12,757 $2.1M Add +3.7%
BRK.A Berkshire Hathaway Inc. Class A 0.23% 3 $2.0M No change
MA Mastercard Inc. Class A 0.21% 3,648 $1.9M Add +12.1%
EOG EOG Resources Inc. 0.21% 15,223 $1.9M Reduce -0.0%
VTEB Vanguard Tax-Exempt Bond ETF 0.20% 36,300 $1.8M No change
PNC PNC Financial Services Group 0.18% 8,598 $1.7M Reduce -5.0%
JNJ Johnson & Johnson 0.18% 11,364 $1.6M Reduce -15.3%
PSA Public Storage 0.18% 5,349 $1.6M Reduce -2.0%
ADP Automatic Data Processing 0.17% 5,216 $1.5M Reduce -1.6%
MNST Monster Beverage Corp. 0.16% 27,992 $1.5M Reduce -7.3%
RTX RTX Corp. 0.15% 12,112 $1.4M Add +0.9%
UNP Union Pacific Corp. 0.15% 6,118 $1.4M Reduce -11.1%
MDY State Street SPDR S&P Midcap 0.15% 2,436 $1.4M Reduce -0.4%
IWM iShares Russell 2000 ETF 0.15% 6,075 $1.3M Reduce -8.4%
APTV Aptiv PLC 0.14% 20,642 $1.2M Reduce -35.3%
LRCX Lam Research Corp. 0.14% 16,931 $1.2M Reduce -2.9%
AVY Avery Dennison Corp. 0.13% 6,375 $1.2M Reduce -1.5%
NKE Nike Inc. Class B 0.13% 15,207 $1.2M Reduce -6.3%
AVUV Avantis US Small Cap Value 0.12% 11,515 $1.1M Add +391.0%
XPO Xpo Inc. 0.12% 8,225 $1.1M Reduce -2.4%
IWD iShares Russell 1000 Value E 0.12% 5,736 $1.1M Reduce -1.4%
BLK BlackRock Inc. 0.12% 1,035 $1.1M No change
MAXJ iShares LG Cap Max Buff Jun 0.10% 36,250 $947K No change
WMT Walmart Inc. 0.10% 10,211 $923K Add +1.4%
APD Air Products & Chemicals Inc. 0.10% 3,153 $914K Add +6.8%
PAYX Paychex Inc. 0.09% 6,040 $847K Reduce -0.8%
NOC Northrop Grumman Corp. 0.09% 1,745 $819K Reduce -0.3%
VLTO Veralto Corp. 0.09% 7,778 $792K Reduce -6.8%
IVW iShares S&P 500 Growth ETF 0.08% 6,830 $693K Reduce -5.4%
STIP iShares 0-5 Year Tips Bond E 0.08% 6,841 $688K No change
ORCL Oracle Corp. 0.08% 4,087 $681K Reduce -1.7%
ACN Accenture PLC Class A 0.07% 1,675 $589K Add +7.0%
LLY Eli Lilly & Co. 0.06% 736 $568K No change
ELV Elevance Health Inc. 0.06% 1,525 $563K No change
KO The Coca-Cola Co. 0.06% 8,075 $503K Reduce -8.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.05% 11,101 $488K Reduce -6.6%
IWP iShares Russell Mid-Cap Grow 0.05% 3,819 $484K Add +2.1%
IBB iShares Biotechnology ETF 0.05% 3,600 $476K No change
GLDM SPDR Gold Minishares Trust 0.05% 9,151 $476K No change
QQQ Invesco QQQ Trust Series 1 0.05% 921 $471K Add +102.0%
PH Parker Hannifin Corp. 0.05% 740 $471K Reduce -1.3%
CGW Invesco S&P Global Water Ind 0.05% 8,400 $455K No change
TIP iShares Tips Bond ETF 0.05% 4,244 $452K No change
VB Vanguard Most SM-Cap ETF-Usd 0.05% 1,780 $428K No change
URI United Rentals Inc. 0.05% 600 $423K Reduce -17.4%
MTD Mettler-Toledo International 0.05% 345 $422K No change
CI The Cigna Group 0.05% 1,524 $421K No change
ISRG Intuitive Surgical Inc. 0.05% 783 $409K No change
ROK Rockwell Automation Inc. 0.04% 1,375 $393K Reduce -6.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.04% 1,777 $391K Add +2.0%
KKR KKR & Co. Inc. 0.04% 2,622 $388K No change
HEQT Simplify Hedged Equity ETF 0.04% 13,025 $384K Reduce -18.5%
AGG iShares Core U.S. Aggregate 0.04% 3,920 $380K Add +20.6%
IVE iShares S&P 500 Value ETF 0.04% 1,950 $372K Add +8.3%
ICE Intercontinental Exchange Inc. 0.04% 2,448 $365K Add +15.0%
EPAM Epam Systems Inc. 0.04% 1,555 $364K No change
AXP American Express Co. 0.04% 1,219 $362K No change
AMGN Amgen Inc. 0.04% 1,361 $355K Add +6.7%
CSCO Cisco Systems Inc. 0.03% 5,337 $316K Add +8.8%
CL Colgate-Palmolive Co. 0.03% 3,220 $293K No change
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.03% 5,700 $289K No change
GLD SPDR Gold Shares 0.03% 1,135 $275K Reduce -8.1%
GXO Gxo Logistics Inc. 0.03% 6,245 $272K Reduce -2.0%
ETN Eaton Corp. PLC 0.03% 814 $270K No change
BDX Becton Dickinson and Co. 0.03% 1,185 $269K Reduce -11.2%
XHLF Bondbloxx BBG 6 MTH US Treas 0.03% 5,300 $266K No change
PLD Prologis Inc. 0.03% 2,500 $264K No change
BX Blackstone Inc. 0.03% 1,500 $259K No change
BKNG Booking Holdings Inc. 0.03% 52 $258K No change
MCD McDonald's Corp. 0.03% 866 $251K Add +3.6%
IGV iShares Expanded Tech-Softwa 0.03% 2,500 $250K No change
FDS Factset Research Systems Inc. 0.03% 500 $240K No change
IGSB iShares 1-5Y Inv Grade Corp. 0.03% 4,511 $233K No change
HON Honeywell International Inc. 0.03% 1,029 $232K Add +1.1%
WAT Waters Corp. 0.02% 605 $224K No change
DVY iShares Select Dividend ETF 0.02% 1,675 $220K No change
CSX CSX Corp. 0.02% 6,775 $219K Add +1.5%
PFE Pfizer Inc. 0.02% 8,158 $216K No change
IGM iShares Expanded Tech Sector 0.02% 2,100 $214K No change
WELL Welltower Inc. 0.02% 1,700 $214K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.02% 809 $214K No change
CVS CVS Health Corp. 0.02% 4,700 $211K No change
ITW Illinois Tool Works 0.02% 832 $211K No change
NYF iShares New York Muni Bond E 0.02% 3,800 $202K No change
VTI VG Morningstar TS MKT ETF-US 0.02% 697 $202K Reduce -16.2%
ARRY Array Technologies Inc. 0.02% 25,770 $156K Reduce -56.1%

Portfolio Sells Q3 2024 → Q4 2024
DHR Danaher Corp. Reduce -7.1% 1.96% −0.59
EL Estee Lauder Companies Class A Sold out 0.00% −0.54
AMT American Tower Corp. Reduce -2.7% 1.18% −0.36
IEF iShares 7-10 Year Treasury B Reduce -12.3% 1.40% −0.29
UNH Unitedhealth Group Inc. Reduce -2.8% 1.55% −0.29
NEE Nextera Energy Inc. Reduce -0.2% 1.62% −0.29
ABBV Abbvie Inc. Reduce -0.3% 1.70% −0.20
XOM Exxon Mobil Corp. Reduce -0.4% 1.52% −0.14
LW Lamb Weston Holdings Inc. Sold out 0.00% −0.12
APTV Aptiv PLC Reduce -35.3% 0.14% −0.12
ECL Ecolab Inc. Reduce -1.5% 0.90% −0.10
SBUX Starbucks Corp. Reduce -5.9% 0.55% −0.07
ROP Roper Technologies Inc. Reduce -7.2% 0.48% −0.07
IJR iShares Core S&P Small-Cap E Reduce -9.2% 0.58% −0.07
USFR Wisdomtree Floating Rate Tre Reduce -19.3% 0.29% −0.07
CB Chubb Ltd. Reduce -6.5% 0.56% −0.07
FTV Fortive Corp. Reduce -0.3% 1.08% −0.06
HD Home Depot Inc. Reduce -8.2% 0.44% −0.06
JNJ Johnson & Johnson Reduce -15.3% 0.18% −0.06
PEP Pepsico Inc. Reduce -1.2% 0.42% −0.06
JPST JPMorgan Ultra-Short Income Sold out 0.00% −0.06
RNR Renaissancere Holdings Ltd. Reduce -2.3% 0.40% −0.05
LOW Lowe's Cos Inc. Reduce -5.7% 0.29% −0.05
VGSH Vanguard Short-Term Treasury Reduce -3.4% 0.89% −0.04
PSA Public Storage Reduce -2.0% 0.18% −0.04
CAT Caterpillar Inc. Sold out 0.00% −0.04
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.0% 1.31% −0.03
UNP Union Pacific Corp. Reduce -11.1% 0.15% −0.03
NKE Nike Inc. Class B Reduce -6.3% 0.13% −0.03
PG The Procter & Gamble Co. Reduce -6.5% 0.27% −0.03
VCSH Vanguard S/T Corp. Bond ETF Reduce -2.4% 0.65% −0.03
EW Edwards Lifesciences Corp. Sold out 0.00% −0.03
MRSH Marsh & McLennan Cos Sold out 0.00% −0.03
AVY Avery Dennison Corp. Reduce -1.5% 0.13% −0.03
ARRY Array Technologies Inc. Reduce -56.1% 0.02% −0.03
INTC Intel Corp. Sold out 0.00% −0.03
CCI Crown Castle Inc. Sold out 0.00% −0.03
WSO Watsco Inc. Reduce -1.3% 0.43% −0.02
LRCX Lam Research Corp. Reduce -2.9% 0.14% −0.02
URI United Rentals Inc. Reduce -17.4% 0.05% −0.02
VLTO Veralto Corp. Reduce -6.8% 0.09% −0.02
KO The Coca-Cola Co. Reduce -8.5% 0.06% −0.01
IWM iShares Russell 2000 ETF Reduce -8.4% 0.15% −0.01
MNST Monster Beverage Corp. Reduce -7.3% 0.16% −0.01
NOC Northrop Grumman Corp. Reduce -0.3% 0.09% −0.01
SYK Stryker Corp. Reduce -0.8% 0.94% −0.01
WCN Waste Connections Inc. Reduce -0.1% 0.25% −0.01
ABT Abbott Laboratories Reduce -1.4% 0.43% −0.01
HEQT Simplify Hedged Equity ETF Reduce -18.5% 0.04% −0.01
IWR iShares Russell Mid-Cap ETF Reduce -2.5% 0.32% −0.01

Portfolio Buys Q3 2024 → Q4 2024
PAAA Pgim Aaa Clo ETF Add +143.4% 0.38% +0.23
IDXX Idexx Laboratories Inc. Add +98.2% 0.56% +0.22
VGIT Vanguard Intermediate-Term T Add +51.0% 0.49% +0.15
PANW Palo Alto Networks Inc. Add +0.7% 2.08% +0.14
AVUV Avantis US Small Cap Value Add +391.0% 0.12% +0.10
IVV iShares Core S&P 500 ETF Add +0.1% 3.42% +0.07
SNPS Synopsys Inc. Add +11.7% 1.04% +0.07
INTU Intuit Inc. Add +1.0% 1.74% +0.04
MA Mastercard Inc. Class A Add +12.1% 0.21% +0.03
NVDA Nvidia Corp. Add +4.3% 0.23% +0.03
QQQ Invesco QQQ Trust Series 1 Add +102.0% 0.05% +0.03
SPY SS SPDR S&P 500 ETF Trust-US Add +2.5% 0.35% +0.02
IJH iShares Core S&P Midcap ETF Add +2.6% 0.61% +0.02
WMT Walmart Inc. Add +1.4% 0.10% +0.01
CSCO Cisco Systems Inc. Add +8.8% 0.03% +0.01
AGG iShares Core U.S. Aggregate Add +20.6% 0.04% +0.01
IWP iShares Russell Mid-Cap Grow Add +2.1% 0.05% +0.01
ACN Accenture PLC Class A Add +7.0% 0.07% +0.00
APD Air Products & Chemicals Inc. Add +6.8% 0.10% +0.00
ICE Intercontinental Exchange Inc. Add +15.0% 0.04% +0.00
HON Honeywell International Inc. Add +1.1% 0.03% +0.00
IVE iShares S&P 500 Value ETF Add +8.3% 0.04% +0.00
IBM Intl Business Machines Corp. Add +2.0% 0.04% +0.00
MCD McDonald's Corp. Add +3.6% 0.03% −0.00
CSX CSX Corp. Add +1.5% 0.02% −0.00
CVX Chevron Corp. Add +0.7% 0.34% −0.00
RTX RTX Corp. Add +0.9% 0.15% −0.01
AMGN Amgen Inc. Add +6.7% 0.04% −0.01
MSFT Microsoft Corp. Add +1.5% 2.82% −0.02
ROL Rollins Inc. Add +0.2% 0.24% −0.02
EXC Exelon Corp. Add +0.2% 0.40% −0.03
ZTS Zoetis Inc. Add +3.7% 0.23% −0.04
SPGI S&P Global Inc. Add +0.0% 1.27% −0.05
TMO Thermo Fisher Scientific Inc. Add +0.6% 0.30% −0.06
ODFL Old Dominion Freight Line Add +0.3% 0.52% −0.06
CEG Constellation Energy Add +3.3% 0.51% −0.06
ADBE Adobe Inc. Add +8.7% 1.10% −0.08
MRK Merck & Co. Inc. Add +6.1% 1.61% −0.12
XYL Xylem Inc. Add +3.6% 1.01% −0.12
QCOM Qualcomm Inc. Add +0.3% 1.49% −0.15
MDLZ Mondelez International Inc. Class A Add +2.4% 0.86% −0.18
STE Steris PLC Add +0.9% 1.12% −0.19
IQV Iqvia Holdings Inc. Add +1.3% 1.05% −0.20

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 170$941.9MGOOGL, AAPL, AMZN, AVGO, IVV
Q1 2026 164$876.9MGOOGL, AAPL, AMZN, AVGO, IVV
Q4 2025 163$941.8MGOOGL, AAPL, AMZN, AVGO, IVV
Q3 2025 166$925.3MAAPL, GOOGL, AMZN, AVGO, IVV
Q2 2025 161$890.3MAMZN, AAPL, GOOGL, AVGO, IVV
Q1 2025 156$856.0MAAPL, AMZN, GOOGL, IVV, V
Q4 2024 158$905.1MAAPL, AMZN, GOOGL, AVGO, IVV
Q3 2024 166$905.0MAAPL, AMZN, GOOGL, IVV, AVGO
Q2 2024 164$860.7MAAPL, AMZN, GOOGL, IVV, MSFT
Q1 2024 167$867.1MAMZN, AAPL, GOOGL, IVV, MSFT