Middleton & Co. Inc.

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

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 Q4 2024 Q1 2025: $856.0M Q1 2025 Q2 2025: $890.3M $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 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%
PAYX Paychex Inc. 0.10% 5,935 $863K No change
ORCL Oracle Corp. 0.10% 3,880 $848K Reduce -2.5%
IVW iShares S&P 500 Growth ETF 0.09% 7,575 $834K Reduce -0.3%
APD Air Products & Chemicals Inc. 0.09% 2,938 $829K Reduce -4.5%
NOC Northrop Grumman Corp. 0.09% 1,645 $822K Reduce -3.0%
STIP iShares 0-5 Year Tips Bond E 0.08% 6,841 $704K No change
NKE Nike Inc. Class B 0.08% 9,774 $694K Reduce -29.2%
GLDM SPDR Gold Minishares Trust 0.07% 9,151 $600K No change
ELV Elevance Health Inc. 0.07% 1,525 $593K No change
IVE iShares S&P 500 Value ETF 0.07% 3,005 $587K Add +1.7%
IWP iShares Russell Mid-Cap Grow 0.06% 3,819 $530K No change
LLY Eli Lilly & Co. 0.06% 675 $526K No change
CGW Invesco S&P Global Water Ind 0.06% 8,418 $526K Add +0.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 1,777 $524K No change
VLTO Veralto Corp. 0.06% 5,156 $520K Reduce -16.4%
CI The Cigna Group 0.06% 1,524 $504K No change
ACN Accenture PLC Class A 0.05% 1,615 $483K No change
TIP iShares Tips Bond ETF 0.05% 4,244 $467K No change
IBB iShares Biotechnology ETF 0.05% 3,600 $455K No change
URI United Rentals Inc. 0.05% 600 $452K No change
PH Parker Hannifin Corp. 0.05% 610 $426K Reduce -7.6%
ISRG Intuitive Surgical Inc. 0.05% 783 $425K No change
VB Vanguard Most SM-Cap ETF-Usd 0.05% 1,730 $410K No change
MTD Mettler-Toledo International 0.05% 345 $405K No change
XHLF Bondbloxx BBG 6 MTH US Treas 0.05% 8,000 $403K No change
QQQ Invesco QQQ Trust Series 1 0.04% 710 $392K Reduce -4.7%
HEQT Simplify Hedged Equity ETF 0.04% 13,025 $391K No change
ICE Intercontinental Exchange Inc. 0.04% 2,128 $390K No change
KO The Coca-Cola Co. 0.04% 5,325 $377K Reduce -32.8%
AXP American Express Co. 0.04% 1,150 $367K Reduce -5.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.04% 7,524 $356K Reduce -3.2%
KKR KKR & Co. Inc. 0.04% 2,622 $349K No change
GLD SPDR Gold Shares 0.04% 1,112 $339K No change
AGG iShares Core U.S. Aggregate 0.04% 3,250 $322K No change
BKNG Booking Holdings Inc. 0.03% 52 $301K No change
AMGN Amgen Inc. 0.03% 1,076 $300K Reduce -15.7%
CL Colgate-Palmolive Co. 0.03% 3,220 $293K No change
EPAM Epam Systems Inc. 0.03% 1,555 $275K No change
IGV iShares Expanded Tech-Softwa 0.03% 2,500 $274K No change
PLD Prologis Inc. 0.03% 2,500 $263K No change
WELL Welltower Inc. 0.03% 1,700 $261K No change
DMAX iShares LG Cap Max Buff Dec 0.03% 9,550 $246K No change
VCIT Vanguard Int-Term Corporate 0.03% 2,875 $238K Reduce -14.8%
IGSB iShares 1-5Y Inv Grade Corp. 0.03% 4,511 $238K No change
IGM iShares Expanded Tech Sector 0.03% 2,100 $236K New
HON Honeywell International Inc. 0.03% 978 $228K Reduce -5.0%
BX Blackstone Inc. 0.03% 1,500 $224K No change
KLAC KLA Corp. 0.03% 250 $224K New
DVY iShares Select Dividend ETF 0.03% 1,675 $222K No change
NXPI NXP Semiconductors NV 0.02% 1,016 $222K New
CSCO Cisco Systems Inc. 0.02% 3,197 $222K New
CSX CSX Corp. 0.02% 6,775 $221K New
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.02% 784 $219K No change
NFLX Netflix Inc. 0.02% 163 $218K New
MCD McDonald's Corp. 0.02% 746 $218K Reduce -6.3%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.02% 4,200 $214K Reduce -19.2%
CVS CVS Health Corp. 0.02% 3,100 $214K Reduce -11.4%
VTI VG Morningstar TS MKT ETF-US 0.02% 697 $212K New
GXO Gxo Logistics Inc. 0.02% 4,290 $209K Reduce -31.1%
UBER Uber Technologies Inc. 0.02% 2,165 $202K New
ARRY Array Technologies Inc. 0.02% 23,250 $137K Reduce -23.2%

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

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