Middleton & Co. Inc.

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

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 6, 2025), Middleton & Co. Inc. reported 161 stock positions worth $890.3 million. Its top holding was Amazon.com (AMZN) at 6.2% of the portfolio, followed by Apple (AAPL, 5.4%) and Alphabet Class A (GOOGL, 4.6%). Compared with Q1 2025, it opened 11 new positions, sold out of 7, added to 22 and reduced 89. The biggest buy was Nvidia (NVDA, shares +9%) and the biggest sale Apple (AAPL, shares −7%).

Most Recent 13F: Q2 2026
Location: BOSTON, MA
CIK: 0000919497
Portfolio Value: $890.3M (Q2 2025)
SEC Filing: 0001398344-25-014576 ↗ filed Aug 6, 2025

Holdings Value

Holdings 161 stocks · $890.3M


AMZN Amazon.com Inc.	6.24%	253,044	$55.5M	Reduce -2.2%
AAPL Apple Inc.	5.42%	235,338	$48.3M	Reduce -6.5%
GOOGL Alphabet Inc. Class A	4.62%	233,413	$41.1M	Reduce -0.6%
AVGO Broadcom Inc.	4.25%	137,356	$37.9M	Reduce -4.1%
IVV iShares Core S&P 500 ETF	3.50%	50,213	$31.2M	Reduce -3.9%
MSFT Microsoft Corp.	3.30%	59,129	$29.4M	Reduce -0.9%
V Visa Inc. Class A	3.01%	75,357	$26.8M	Reduce -4.4%
COST Costco Wholesale Corp.	2.80%	25,144	$24.9M	Reduce -4.9%
JPM JPMorgan Chase & Co.	2.49%	76,464	$22.2M	Reduce -6.5%
NOW ServiceNow Inc.	2.26%	19,538	$20.1M	Reduce -0.2%
PANW Palo Alto Networks Inc.	2.24%	97,366	$19.9M	Reduce -0.8%
ORLY O'reilly Automotive Inc.	2.14%	211,530	$19.1M	Reduce -8.1%
INTU Intuit Inc.	2.05%	23,122	$18.2M	Reduce -4.6%
CRM Salesforce Inc.	1.82%	59,385	$16.2M	Reduce -0.2%
ABBV Abbvie Inc.	1.73%	82,904	$15.4M	Reduce -4.2%
DHR Danaher Corp.	1.60%	72,223	$14.3M	Reduce -3.3%
QCOM Qualcomm Inc.	1.53%	85,516	$13.6M	Reduce -0.3%
VRSK Verisk Analytics Inc.	1.48%	42,283	$13.2M	Reduce -2.9%
IEF iShares 7-10 Year Treasury B	1.45%	134,689	$12.9M	Reduce -2.0%
NEE Nextera Energy Inc.	1.45%	185,658	$12.9M	Reduce -4.5%
XOM Exxon Mobil Corp.	1.42%	116,869	$12.6M	Reduce -4.7%
BRK.B Berkshire Hathaway Inc. Class B	1.40%	25,626	$12.4M	Reduce -0.8%
AMT American Tower Corp.	1.39%	55,972	$12.4M	Reduce -3.0%
STE Steris PLC	1.33%	49,420	$11.9M	Reduce -2.7%
MRK Merck & Co. Inc.	1.30%	145,949	$11.6M	Add +0.5%
SPGI S&P Global Inc.	1.28%	21,586	$11.4M	Reduce -4.3%
META Meta Platforms Inc. Class A	1.23%	14,838	$11.0M	Reduce -4.0%
XYL Xylem Inc.	1.18%	81,373	$10.5M	Add +1.9%
SNPS Synopsys Inc.	1.13%	19,623	$10.1M	Add +2.2%
VGSH Vanguard Short-Term Treasury	1.09%	164,434	$9.7M	Add +10.0%
ADBE Adobe Inc.	1.06%	24,498	$9.5M	Add +8.5%
NVDA Nvidia Corp.	1.04%	58,479	$9.2M	Add +9.4%
EQIX Equinix Inc.	1.03%	11,520	$9.2M	Reduce -0.8%
SYK Stryker Corp.	0.99%	22,356	$8.8M	Reduce -2.0%
ECL Ecolab Inc.	0.98%	32,546	$8.8M	Reduce -4.2%
MDLZ Mondelez International Inc. Class A	0.94%	124,467	$8.4M	Reduce -1.1%
UNH Unitedhealth Group Inc.	0.94%	26,725	$8.3M	Reduce -1.0%
FISV Fiserv Inc.	0.91%	46,984	$8.1M	Add +1.0%
VGIT Vanguard Intermediate-Term T	0.81%	121,195	$7.2M	Add +14.8%
MSCI MSCI Inc.	0.81%	12,435	$7.2M	Add +0.7%
IDXX Idexx Laboratories Inc.	0.80%	13,307	$7.1M	Add +5.5%
IQV Iqvia Holdings Inc.	0.78%	44,093	$6.9M	Reduce -4.4%
IQLT iShares MSCI International Q	0.75%	154,742	$6.7M	Add +5.5%
GOOG Alphabet Inc. Class C	0.72%	36,051	$6.4M	Reduce -9.2%
FTV Fortive Corp.	0.71%	120,765	$6.3M	Reduce -4.3%
ETN Eaton Corp. PLC	0.67%	16,673	$6.0M	Add +45.4%
CEG Constellation Energy	0.66%	18,168	$5.9M	Reduce -12.1%
VCSH Vanguard S/T Corp. Bond ETF	0.62%	68,941	$5.5M	Reduce -5.7%
CB Chubb Ltd.	0.58%	17,795	$5.2M	Reduce -0.9%
IJH iShares Core S&P Midcap ETF	0.57%	82,175	$5.1M	Reduce -5.0%
IJR iShares Core S&P Small-Cap E	0.54%	43,730	$4.8M	Reduce -3.3%
ABT Abbott Laboratories	0.50%	33,003	$4.5M	Reduce -1.0%
PAAA Pgim Aaa Clo ETF	0.49%	84,010	$4.3M	Add +2.3%
EXC Exelon Corp.	0.48%	97,677	$4.2M	Add +3.6%
ODFL Old Dominion Freight Line	0.48%	26,087	$4.2M	Reduce -1.5%
BR Broadridge Financial Solutio	0.46%	16,940	$4.1M	Reduce -6.9%
PEP Pepsico Inc.	0.45%	30,318	$4.0M	Add +5.0%
ROP Roper Technologies Inc.	0.43%	6,718	$3.8M	Reduce -11.6%
WCN Waste Connections Inc.	0.39%	18,678	$3.5M	Add +44.2%
WSO Watsco Inc.	0.39%	7,815	$3.5M	Reduce -2.1%
SPY SS SPDR S&P 500 ETF Trust-US	0.37%	5,351	$3.3M	Add +0.2%
RNR Renaissancere Holdings Ltd.	0.37%	13,489	$3.3M	Reduce -3.0%
HD Home Depot Inc.	0.37%	8,867	$3.3M	Reduce -6.2%
IWF iShares Russell 1000 Growth	0.35%	7,281	$3.1M	Reduce -0.6%
AWK American Water Works Co. Inc.	0.33%	21,395	$3.0M	New
USFR Wisdomtree Floating Rate Tre	0.32%	56,055	$2.8M	Reduce -4.7%
ROL Rollins Inc.	0.28%	44,220	$2.5M	Reduce -4.6%
IWR iShares Russell Mid-Cap ETF	0.26%	25,406	$2.3M	Reduce -6.9%
CVX Chevron Corp.	0.25%	15,728	$2.3M	Reduce -12.5%
APTV Aptiv PLC	0.25%	32,815	$2.2M	Reduce -2.5%
BRK.A Berkshire Hathaway Inc. Class A	0.25%	3	$2.2M	No change
MA Mastercard Inc. Class A	0.24%	3,773	$2.1M	Add +4.9%
ZTS Zoetis Inc.	0.24%	13,498	$2.1M	Add +4.0%
TMO Thermo Fisher Scientific Inc.	0.24%	5,182	$2.1M	Reduce -1.3%
PG The Procter & Gamble Co.	0.23%	12,850	$2.0M	Reduce -10.1%
LOW Lowe's Cos Inc.	0.22%	8,902	$2.0M	Reduce -12.4%
RAL Ralliant Corp.	0.22%	40,255	$2.0M	Reduce -4.2%
SBUX Starbucks Corp.	0.21%	20,238	$1.9M	Reduce -26.4%
RTX RTX Corp.	0.20%	12,017	$1.8M	No change
MNST Monster Beverage Corp.	0.19%	26,781	$1.7M	Reduce -1.6%
JNJ Johnson & Johnson	0.18%	10,653	$1.6M	Reduce -1.3%
LRCX Lam Research Corp.	0.18%	16,231	$1.6M	No change
ADP Automatic Data Processing	0.17%	5,046	$1.6M	Reduce -1.7%
VTEB Vanguard Tax-Exempt Bond ETF	0.17%	31,100	$1.5M	No change
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.17%	12,200	$1.5M	Reduce -15.4%
PNC PNC Financial Services Group	0.17%	7,993	$1.5M	Reduce -4.8%
KR Kroger Co.	0.16%	20,321	$1.5M	New
EOG EOG Resources Inc.	0.16%	11,683	$1.4M	Reduce -0.2%
UNP Union Pacific Corp.	0.15%	5,878	$1.4M	Reduce -2.5%
MDY State Street SPDR S&P Midcap	0.15%	2,373	$1.3M	Reduce -2.6%
PSA Public Storage	0.14%	4,350	$1.3M	Reduce -15.9%
BLK BlackRock Inc.	0.14%	1,151	$1.2M	Add +9.5%
IWD iShares Russell 1000 Value E	0.12%	5,696	$1.1M	No change
ISHG iShares -3 Year Internationa	0.12%	13,693	$1.0M	New
IWM iShares Russell 2000 ETF	0.12%	4,855	$1.0M	Reduce -18.5%
MAXJ iShares LG Cap Max Buff Jun	0.11%	36,117	$994K	No change
AVUV Avantis US Small Cap Value	0.11%	10,886	$992K	Reduce -8.8%
WMT Walmart Inc.	0.11%	10,051	$983K	No change
AVY Avery Dennison Corp.	0.11%	5,435	$954K	Reduce -4.7%
XPO Xpo Inc.	0.11%	7,465	$943K	Reduce -9.1%

Show all 161 holdings

Portfolio Sells Q1 2025 → Q2 2025


AAPL Apple Inc.	Reduce -6.5%	5.42%	−1.11
UNH Unitedhealth Group Inc.	Reduce -1.0%	0.94%	−0.71
ORLY O'reilly Automotive Inc.	Reduce -8.1%	2.14%	−0.43
PYPL PayPal Holdings Inc.	Sold out	0.00%	−0.39
ABBV Abbvie Inc.	Reduce -4.2%	1.73%	−0.39
FTV Fortive Corp.	Reduce -4.3%	0.71%	−0.37
XOM Exxon Mobil Corp.	Reduce -4.7%	1.42%	−0.29
V Visa Inc. Class A	Reduce -4.4%	3.01%	−0.22
BRK.B Berkshire Hathaway Inc. Class B	Reduce -0.8%	1.40%	−0.21
DHR Danaher Corp.	Reduce -3.3%	1.60%	−0.19
IQV Iqvia Holdings Inc.	Reduce -4.4%	0.78%	−0.17
NEE Nextera Energy Inc.	Reduce -4.5%	1.45%	−0.16
COST Costco Wholesale Corp.	Reduce -4.9%	2.80%	−0.12
SBUX Starbucks Corp.	Reduce -26.4%	0.21%	−0.11
CVX Chevron Corp.	Reduce -12.5%	0.25%	−0.10
ROP Roper Technologies Inc.	Reduce -11.6%	0.43%	−0.10
WSO Watsco Inc.	Reduce -2.1%	0.39%	−0.09
IEF iShares 7-10 Year Treasury B	Reduce -2.0%	1.45%	−0.08
AMT American Tower Corp.	Reduce -3.0%	1.39%	−0.08
EQIX Equinix Inc.	Reduce -0.8%	1.03%	−0.08
TMO Thermo Fisher Scientific Inc.	Reduce -1.3%	0.24%	−0.07
SPGI S&P Global Inc.	Reduce -4.3%	1.28%	−0.06
VCSH Vanguard S/T Corp. Bond ETF	Reduce -5.7%	0.62%	−0.06
LOW Lowe's Cos Inc.	Reduce -12.4%	0.22%	−0.06
PG The Procter & Gamble Co.	Reduce -10.1%	0.23%	−0.05
MDLZ Mondelez International Inc. Class A	Reduce -1.1%	0.94%	−0.05
CB Chubb Ltd.	Reduce -0.9%	0.58%	−0.05
BR Broadridge Financial Solutio	Reduce -6.9%	0.46%	−0.05
CRM Salesforce Inc.	Reduce -0.2%	1.82%	−0.05
ROK Rockwell Automation Inc.	Sold out	0.00%	−0.04
HD Home Depot Inc.	Reduce -6.2%	0.37%	−0.04
PSA Public Storage	Reduce -15.9%	0.14%	−0.04
ODFL Old Dominion Freight Line	Reduce -1.5%	0.48%	−0.04
VRSK Verisk Analytics Inc.	Reduce -2.9%	1.48%	−0.03
BDX Becton Dickinson and Co.	Sold out	0.00%	−0.03
USFR Wisdomtree Floating Rate Tre	Reduce -4.7%	0.32%	−0.03
FDS Factset Research Systems Inc.	Sold out	0.00%	−0.03
JNJ Johnson & Johnson	Reduce -1.3%	0.18%	−0.03
MRSH Marsh & McLennan Cos	Sold out	0.00%	−0.03
NKE Nike Inc. Class B	Reduce -29.2%	0.08%	−0.02
PFE Pfizer Inc.	Sold out	0.00%	−0.02
KO The Coca-Cola Co.	Reduce -32.8%	0.04%	−0.02
NYF iShares New York Muni Bond E	Sold out	0.00%	−0.02
RNR Renaissancere Holdings Ltd.	Reduce -3.0%	0.37%	−0.02
ECL Ecolab Inc.	Reduce -4.2%	0.98%	−0.02
IWM iShares Russell 2000 ETF	Reduce -18.5%	0.12%	−0.02
RAL Ralliant Corp.	Reduce -4.2%	0.22%	−0.02
EOG EOG Resources Inc.	Reduce -0.2%	0.16%	−0.02
IJH iShares Core S&P Midcap ETF	Reduce -5.0%	0.57%	−0.02
IJR iShares Core S&P Small-Cap E	Reduce -3.3%	0.54%	−0.02

Portfolio Buys Q1 2025 → Q2 2025


NVDA Nvidia Corp.	Add +9.4%	1.04%	+0.36
AWK American Water Works Co. Inc.	New	0.33%	+0.33
ETN Eaton Corp. PLC	Add +45.4%	0.67%	+0.30
IDXX Idexx Laboratories Inc.	Add +5.5%	0.80%	+0.18
SNPS Synopsys Inc.	Add +2.2%	1.13%	+0.17
KR Kroger Co.	New	0.16%	+0.16
ISHG iShares -3 Year Internationa	New	0.12%	+0.12
WCN Waste Connections Inc.	Add +44.2%	0.39%	+0.10
VGIT Vanguard Intermediate-Term T	Add +14.8%	0.81%	+0.08
IQLT iShares MSCI International Q	Add +5.5%	0.75%	+0.07
XYL Xylem Inc.	Add +1.9%	1.18%	+0.07
VGSH Vanguard Short-Term Treasury	Add +10.0%	1.09%	+0.06
ADBE Adobe Inc.	Add +8.5%	1.06%	+0.05
IGM iShares Expanded Tech Sector	New	0.03%	+0.03
KLAC KLA Corp.	New	0.03%	+0.03
CSCO Cisco Systems Inc.	New	0.02%	+0.02
NXPI NXP Semiconductors NV	New	0.02%	+0.02
CSX CSX Corp.	New	0.02%	+0.02
NFLX Netflix Inc.	New	0.02%	+0.02
VTI VG Morningstar TS MKT ETF-US	New	0.02%	+0.02
UBER Uber Technologies Inc.	New	0.02%	+0.02
SPY SS SPDR S&P 500 ETF Trust-US	Add +0.2%	0.37%	+0.02
BLK BlackRock Inc.	Add +9.5%	0.14%	+0.02
MA Mastercard Inc. Class A	Add +4.9%	0.24%	+0.01
CGW Invesco S&P Global Water Ind	Add +0.2%	0.06%	+0.00
IVE iShares S&P 500 Value ETF	Add +1.7%	0.07%	+0.00
PAAA Pgim Aaa Clo ETF	Add +2.3%	0.49%	−0.01
MSCI MSCI Inc.	Add +0.7%	0.81%	−0.01
ZTS Zoetis Inc.	Add +4.0%	0.24%	−0.01
EXC Exelon Corp.	Add +3.6%	0.48%	−0.03
PEP Pepsico Inc.	Add +5.0%	0.45%	−0.06
MRK Merck & Co. Inc.	Add +0.5%	1.30%	−0.23
FISV Fiserv Inc.	Add +1.0%	0.91%	−0.29

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