Middleton & Co. Inc.

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

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Middleton & Co. Inc. reported 156 stock positions worth $856.0 million. Its top holding was Apple (AAPL) at 6.5% of the portfolio, followed by Amazon.com (AMZN, 5.8%) and Alphabet Class A (GOOGL, 4.2%). Compared with Q4 2024, it opened 4 new positions, sold out of 6, added to 19 and reduced 101. The biggest buy was a new position in iShares MSCI International Q (IQLT) and the biggest sale Broadcom (AVGO, shares −5%).

Most Recent 13F: Q2 2026
Location: BOSTON, MA
CIK: 0000919497
Portfolio Value: $856.0M (Q1 2025)
SEC Filing: 0001398344-25-009075 ↗ filed May 9, 2025

Holdings Value

Holdings 156 stocks · $856.0M


AAPL Apple Inc.	6.53%	251,771	$55.9M	Reduce -3.2%
AMZN Amazon.com Inc.	5.75%	258,789	$49.2M	Reduce -2.1%
GOOGL Alphabet Inc. Class A	4.24%	234,717	$36.3M	Reduce -1.9%
IVV iShares Core S&P 500 ETF	3.43%	52,235	$29.4M	Reduce -0.8%
V Visa Inc. Class A	3.23%	78,850	$27.6M	Reduce -3.5%
COST Costco Wholesale Corp.	2.92%	26,432	$25.0M	Reduce -3.6%
AVGO Broadcom Inc.	2.80%	143,285	$24.0M	Reduce -5.2%
MSFT Microsoft Corp.	2.62%	59,664	$22.4M	Reduce -1.4%
ORLY O'reilly Automotive Inc.	2.57%	15,347	$22.0M	Reduce -6.2%
JPM JPMorgan Chase & Co.	2.34%	81,792	$20.1M	Reduce -2.7%
ABBV Abbvie Inc.	2.12%	86,570	$18.1M	Reduce -0.2%
PANW Palo Alto Networks Inc.	1.96%	98,132	$16.7M	Reduce -5.3%
CRM Salesforce Inc.	1.87%	59,517	$16.0M	Reduce -1.9%
NOW ServiceNow Inc.	1.82%	19,579	$15.6M	Reduce -5.0%
DHR Danaher Corp.	1.79%	74,673	$15.3M	Reduce -3.2%
INTU Intuit Inc.	1.74%	24,239	$14.9M	Reduce -3.0%
XOM Exxon Mobil Corp.	1.70%	122,610	$14.6M	Reduce -4.0%
UNH Unitedhealth Group Inc.	1.65%	26,986	$14.1M	Reduce -3.0%
NEE Nextera Energy Inc.	1.61%	194,339	$13.8M	Reduce -4.8%
BRK.B Berkshire Hathaway Inc. Class B	1.61%	25,824	$13.8M	Reduce -1.5%
QCOM Qualcomm Inc.	1.54%	85,792	$13.2M	Reduce -2.4%
IEF iShares 7-10 Year Treasury B	1.53%	137,419	$13.1M	Reduce -0.1%
MRK Merck & Co. Inc.	1.52%	145,301	$13.0M	Reduce -0.9%
VRSK Verisk Analytics Inc.	1.51%	43,539	$13.0M	Reduce -9.2%
AMT American Tower Corp.	1.47%	57,672	$12.5M	Reduce -1.3%
STE Steris PLC	1.35%	50,805	$11.5M	Add +3.4%
SPGI S&P Global Inc.	1.34%	22,552	$11.5M	Reduce -2.0%
FISV Fiserv Inc.	1.20%	46,534	$10.3M	Reduce -12.6%
XYL Xylem Inc.	1.11%	79,897	$9.5M	Add +1.5%
EQIX Equinix Inc.	1.11%	11,608	$9.5M	Reduce -1.6%
FTV Fortive Corp.	1.08%	126,157	$9.2M	Reduce -3.3%
META Meta Platforms Inc. Class A	1.04%	15,457	$8.9M	Reduce -1.9%
VGSH Vanguard Short-Term Treasury	1.03%	149,509	$8.8M	Add +8.4%
ADBE Adobe Inc.	1.01%	22,572	$8.7M	Add +0.7%
ECL Ecolab Inc.	1.01%	33,972	$8.6M	Reduce -2.2%
MDLZ Mondelez International Inc. Class A	1.00%	125,817	$8.5M	Reduce -3.7%
SYK Stryker Corp.	0.99%	22,816	$8.5M	Reduce -3.1%
SNPS Synopsys Inc.	0.96%	19,194	$8.2M	Reduce -1.3%
IQV Iqvia Holdings Inc.	0.95%	46,122	$8.1M	Reduce -4.8%
MSCI MSCI Inc.	0.82%	12,346	$7.0M	Reduce -2.7%
VGIT Vanguard Intermediate-Term T	0.73%	105,545	$6.3M	Add +38.4%
GOOG Alphabet Inc. Class C	0.72%	39,694	$6.2M	Reduce -5.4%
IQLT iShares MSCI International Q	0.68%	146,727	$5.8M	New
NVDA Nvidia Corp.	0.68%	53,452	$5.8M	Add +238.1%
VCSH Vanguard S/T Corp. Bond ETF	0.67%	73,106	$5.8M	Reduce -3.6%
CB Chubb Ltd.	0.63%	17,950	$5.4M	Reduce -1.6%
IDXX Idexx Laboratories Inc.	0.62%	12,612	$5.3M	Add +2.5%
IJH iShares Core S&P Midcap ETF	0.59%	86,475	$5.0M	Reduce -2.8%
IJR iShares Core S&P Small-Cap E	0.55%	45,230	$4.7M	Reduce -1.4%
ROP Roper Technologies Inc.	0.52%	7,598	$4.5M	Reduce -8.5%
ABT Abbott Laboratories	0.52%	33,345	$4.4M	Reduce -2.3%
BR Broadridge Financial Solutio	0.52%	18,195	$4.4M	Reduce -5.3%
ODFL Old Dominion Freight Line	0.51%	26,487	$4.4M	Reduce -0.7%
EXC Exelon Corp.	0.51%	94,297	$4.3M	Reduce -1.1%
PEP Pepsico Inc.	0.51%	28,888	$4.3M	Add +14.6%
PAAA Pgim Aaa Clo ETF	0.49%	82,160	$4.2M	Add +21.3%
CEG Constellation Energy	0.49%	20,660	$4.2M	Reduce -0.6%
WSO Watsco Inc.	0.47%	7,980	$4.1M	Reduce -3.6%
HD Home Depot Inc.	0.40%	9,452	$3.5M	Reduce -7.1%
PYPL PayPal Holdings Inc.	0.39%	51,608	$3.4M	Reduce -21.4%
RNR Renaissancere Holdings Ltd.	0.39%	13,914	$3.3M	Reduce -5.2%
ETN Eaton Corp. PLC	0.36%	11,469	$3.1M	Add +1309.0%
CVX Chevron Corp.	0.35%	17,968	$3.0M	Reduce -14.4%
SPY SS SPDR S&P 500 ETF Trust-US	0.35%	5,342	$3.0M	Reduce -1.9%
USFR Wisdomtree Floating Rate Tre	0.35%	58,805	$3.0M	Add +14.2%
SBUX Starbucks Corp.	0.32%	27,497	$2.7M	Reduce -49.7%
IWF iShares Russell 1000 Growth	0.31%	7,326	$2.6M	Reduce -1.4%
TMO Thermo Fisher Scientific Inc.	0.31%	5,251	$2.6M	Reduce -0.1%
WCN Waste Connections Inc.	0.30%	12,951	$2.5M	Reduce -1.2%
ROL Rollins Inc.	0.29%	46,370	$2.5M	Reduce -1.5%
PG The Procter & Gamble Co.	0.28%	14,300	$2.4M	Reduce -1.1%
BRK.A Berkshire Hathaway Inc. Class A	0.28%	3	$2.4M	No change
LOW Lowe's Cos Inc.	0.28%	10,167	$2.4M	Reduce -5.7%
IWR iShares Russell Mid-Cap ETF	0.27%	27,298	$2.3M	Reduce -16.8%
ZTS Zoetis Inc.	0.25%	12,973	$2.1M	Add +1.7%
APTV Aptiv PLC	0.23%	33,668	$2.0M	Add +63.1%
MA Mastercard Inc. Class A	0.23%	3,598	$2.0M	Reduce -1.4%
JNJ Johnson & Johnson	0.21%	10,789	$1.8M	Reduce -5.1%
MNST Monster Beverage Corp.	0.19%	27,215	$1.6M	Reduce -2.8%
RTX RTX Corp.	0.19%	12,017	$1.6M	Reduce -0.8%
ADP Automatic Data Processing	0.18%	5,131	$1.6M	Reduce -1.6%
PSA Public Storage	0.18%	5,175	$1.5M	Reduce -3.3%
VTEB Vanguard Tax-Exempt Bond ETF	0.18%	31,100	$1.5M	Reduce -14.3%
EOG EOG Resources Inc.	0.18%	11,708	$1.5M	Reduce -23.1%
PNC PNC Financial Services Group	0.17%	8,398	$1.5M	Reduce -2.3%
UNP Union Pacific Corp.	0.17%	6,028	$1.4M	Reduce -1.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.17%	14,425	$1.4M	Reduce -56.5%
MDY State Street SPDR S&P Midcap	0.15%	2,436	$1.3M	No change
IWM iShares Russell 2000 ETF	0.14%	5,955	$1.2M	Reduce -2.0%
LRCX Lam Research Corp.	0.14%	16,231	$1.2M	Reduce -4.1%
IWD iShares Russell 1000 Value E	0.13%	5,696	$1.1M	Reduce -0.7%
AVUV Avantis US Small Cap Value	0.12%	11,936	$1.0M	Add +3.7%
AVY Avery Dennison Corp.	0.12%	5,700	$1.0M	Reduce -10.6%
BLK BlackRock Inc.	0.12%	1,051	$995K	Add +1.6%
MAXJ iShares LG Cap Max Buff Jun	0.11%	36,117	$931K	Reduce -0.4%
PAYX Paychex Inc.	0.11%	5,935	$916K	Reduce -1.7%
APD Air Products & Chemicals Inc.	0.11%	3,078	$908K	Reduce -2.4%
XPO Xpo Inc.	0.10%	8,215	$884K	Reduce -0.1%
WMT Walmart Inc.	0.10%	10,051	$882K	Reduce -1.6%
NKE Nike Inc. Class B	0.10%	13,807	$876K	Reduce -9.2%

Show all 156 holdings

Portfolio Sells Q4 2024 → Q1 2025


AVGO Broadcom Inc.	Reduce -5.2%	2.80%	−1.07
GOOGL Alphabet Inc. Class A	Reduce -1.9%	4.24%	−0.76
AAPL Apple Inc.	Reduce -3.2%	6.53%	−0.66
AMZN Amazon.com Inc.	Reduce -2.1%	5.75%	−0.65
NOW ServiceNow Inc.	Reduce -5.0%	1.82%	−0.59
CRM Salesforce Inc.	Reduce -1.9%	1.87%	−0.37
DIS The Walt Disney Co.	Reduce -56.5%	0.17%	−0.24
SBUX Starbucks Corp.	Reduce -49.7%	0.32%	−0.24
PYPL PayPal Holdings Inc.	Reduce -21.4%	0.39%	−0.23
MSFT Microsoft Corp.	Reduce -1.4%	2.62%	−0.20
DHR Danaher Corp.	Reduce -3.2%	1.79%	−0.17
GOOG Alphabet Inc. Class C	Reduce -5.4%	0.72%	−0.16
PANW Palo Alto Networks Inc.	Reduce -5.3%	1.96%	−0.13
EQIX Equinix Inc.	Reduce -1.6%	1.11%	−0.12
IQV Iqvia Holdings Inc.	Reduce -4.8%	0.95%	−0.10
MRK Merck & Co. Inc.	Reduce -0.9%	1.52%	−0.09
SNPS Synopsys Inc.	Reduce -1.3%	0.96%	−0.08
IWR iShares Russell Mid-Cap ETF	Reduce -16.8%	0.27%	−0.05
CSCO Cisco Systems Inc.	Sold out	0.00%	−0.03
HD Home Depot Inc.	Reduce -7.1%	0.40%	−0.03
IJR iShares Core S&P Small-Cap E	Reduce -1.4%	0.55%	−0.03
EOG EOG Resources Inc.	Reduce -23.1%	0.18%	−0.03
CEG Constellation Energy	Reduce -0.6%	0.49%	−0.03
MSCI MSCI Inc.	Reduce -2.7%	0.82%	−0.03
WAT Waters Corp.	Sold out	0.00%	−0.02
NKE Nike Inc. Class B	Reduce -9.2%	0.10%	−0.02
CSX CSX Corp.	Sold out	0.00%	−0.02
IGM iShares Expanded Tech Sector	Sold out	0.00%	−0.02
ITW Illinois Tool Works	Sold out	0.00%	−0.02
IJH iShares Core S&P Midcap ETF	Reduce -2.8%	0.59%	−0.02
VTI VG Morningstar TS MKT ETF-US	Sold out	0.00%	−0.02
VTEB Vanguard Tax-Exempt Bond ETF	Reduce -14.3%	0.18%	−0.02
IWF iShares Russell 1000 Growth	Reduce -1.4%	0.31%	−0.02
VLTO Veralto Corp.	Reduce -20.7%	0.07%	−0.02
LOW Lowe's Cos Inc.	Reduce -5.7%	0.28%	−0.02
BAC Bank of America Corp.	Reduce -30.0%	0.04%	−0.02
XPO Xpo Inc.	Reduce -0.1%	0.10%	−0.02
AVY Avery Dennison Corp.	Reduce -10.6%	0.12%	−0.01
RNR Renaissancere Holdings Ltd.	Reduce -5.2%	0.39%	−0.01
QQQ Invesco QQQ Trust Series 1	Reduce -19.1%	0.04%	−0.01
PNC PNC Financial Services Group	Reduce -2.3%	0.17%	−0.01
ORCL Oracle Corp.	Reduce -2.6%	0.07%	−0.01
IWM iShares Russell 2000 ETF	Reduce -2.0%	0.14%	−0.01
ODFL Old Dominion Freight Line	Reduce -0.7%	0.51%	−0.01
NEE Nextera Energy Inc.	Reduce -4.8%	1.61%	−0.01
FISV Fiserv Inc.	Reduce -12.6%	1.20%	−0.01
ACN Accenture PLC Class A	Reduce -3.6%	0.06%	−0.01
PH Parker Hannifin Corp.	Reduce -10.8%	0.05%	−0.01
AGG iShares Core U.S. Aggregate	Reduce -17.1%	0.04%	−0.00
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -1.9%	0.35%	−0.00

Portfolio Buys Q4 2024 → Q1 2025


IQLT iShares MSCI International Q	New	0.68%	+0.68
NVDA Nvidia Corp.	Add +238.1%	0.68%	+0.44
ETN Eaton Corp. PLC	Add +1309.0%	0.36%	+0.33
VGIT Vanguard Intermediate-Term T	Add +38.4%	0.73%	+0.24
STE Steris PLC	Add +3.4%	1.35%	+0.23
VGSH Vanguard Short-Term Treasury	Add +8.4%	1.03%	+0.14
PAAA Pgim Aaa Clo ETF	Add +21.3%	0.49%	+0.11
XYL Xylem Inc.	Add +1.5%	1.11%	+0.11
APTV Aptiv PLC	Add +63.1%	0.23%	+0.10
PEP Pepsico Inc.	Add +14.6%	0.51%	+0.08
USFR Wisdomtree Floating Rate Tre	Add +14.2%	0.35%	+0.06
IDXX Idexx Laboratories Inc.	Add +2.5%	0.62%	+0.06
VCIT Vanguard Int-Term Corporate	New	0.03%	+0.03
DMAX iShares LG Cap Max Buff Dec	New	0.03%	+0.03
MRSH Marsh & McLennan Cos	New	0.03%	+0.03
IVE iShares S&P 500 Value ETF	Add +51.5%	0.07%	+0.02
ZTS Zoetis Inc.	Add +1.7%	0.25%	+0.02
XHLF Bondbloxx BBG 6 MTH US Treas	Add +50.9%	0.05%	+0.02
IVW iShares S&P 500 Growth ETF	Add +11.3%	0.08%	+0.01
ARRY Array Technologies Inc.	Add +17.5%	0.02%	0.00
BLK BlackRock Inc.	Add +1.6%	0.12%	−0.00
AVUV Avantis US Small Cap Value	Add +3.7%	0.12%	−0.00
ADBE Adobe Inc.	Add +0.7%	1.01%	−0.09

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	170	$941.9M	GOOGL, AAPL, AMZN, AVGO, IVV
Q1 2026	164	$876.9M	GOOGL, AAPL, AMZN, AVGO, IVV
Q4 2025	163	$941.8M	GOOGL, AAPL, AMZN, AVGO, IVV
Q3 2025	166	$925.3M	AAPL, GOOGL, AMZN, AVGO, IVV
Q2 2025	161	$890.3M	AMZN, AAPL, GOOGL, AVGO, IVV
Q1 2025	156	$856.0M	AAPL, AMZN, GOOGL, IVV, V
Q4 2024	158	$905.1M	AAPL, AMZN, GOOGL, AVGO, IVV
Q3 2024	166	$905.0M	AAPL, AMZN, GOOGL, IVV, AVGO
Q2 2024	164	$860.7M	AAPL, AMZN, GOOGL, IVV, MSFT
Q1 2024	167	$867.1M	AMZN, AAPL, GOOGL, IVV, MSFT