Mill Capital Management, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 31, 2024), Mill Capital Management, LLC reported 120 stock positions worth $1.2 billion. Its top holding was Apple (AAPL) at 9.9% of the portfolio, followed by Microsoft (MSFT, 8.0%) and Berkshire Hathaway Class A (BRK.A, 7.3%). Compared with Q1 2024, it opened 2 new positions, sold out of 4, added to 33 and reduced 35. The biggest buy was Exxon Mobil (XOM, shares +60%) and the biggest sale an exit from Pioneer Natural Resources (PXD).

Most Recent 13F
Q2 2026
Location
CONCORD, NC
CIK
0001901166
Portfolio Value
$1.2B (Q2 2024)
SEC Filing
0001398344-24-013407 ↗ filed Jul 31, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.2B Q1 2024 Q2 2024: $1.2B $1.2B Q2 2024 Q3 2024: $1.3B Q3 2024 Q4 2024: $1.3B Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $1.3B Q2 2025 Q3 2025: $1.3B Q3 2025 Q4 2025: $1.4B Q4 2025 Q1 2026: $1.3B Q1 2026 Q2 2026: $1.5B Q2 2026

Holdings 120 stocks · $1.2B
AAPL Apple Inc. 9.92% 570,171 $120.1M Reduce -2.0%
MSFT Microsoft Corp. 8.04% 217,670 $97.3M Add +0.3%
BRK.A Berkshire Hathaway Inc. Class A 7.28% 144 $88.2M Reduce -7.1%
GOOG Alphabet Inc. Class C 5.95% 392,760 $72.0M Reduce -1.2%
V Visa Inc. Class A 4.47% 206,000 $54.1M Add +0.8%
TMO Thermo Fisher Scientific Inc. 3.57% 78,260 $43.3M Add +1.5%
JPM JPMorgan Chase & Co. 3.56% 213,043 $43.1M Add +0.6%
XOM Exxon Mobil Corp. 3.51% 368,643 $42.4M Add +60.1%
AMZN Amazon.com Inc. 3.16% 197,730 $38.2M Add +0.7%
TDG Transdigm Group Inc. 2.81% 26,634 $34.0M Reduce -0.3%
BRK.B Berkshire Hathaway Inc. Class B 2.51% 74,573 $30.3M Add +6.3%
AXP American Express Co. 2.44% 127,619 $29.6M Add +0.2%
UNP Union Pacific Corp. 2.40% 128,379 $29.0M Add +1.1%
UNH Unitedhealth Group Inc. 2.09% 49,761 $25.3M Add +1.7%
CMCSA Comcast Corp. Class A 2.09% 646,875 $25.3M Reduce -0.2%
CPRT Copart Inc. 1.95% 435,151 $23.6M Add +1.0%
AMT American Tower Corp. 1.91% 119,104 $23.2M Add +1.8%
BKNG Booking Holdings Inc. 1.85% 5,644 $22.4M Add +1.2%
MU Micron Technology Inc. 1.74% 160,413 $21.1M Add +0.3%
ZTS Zoetis Inc. 1.72% 120,023 $20.8M Add +154.8%
FISV Fiserv Inc. 1.68% 136,128 $20.3M Add +0.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.58% 193,044 $19.2M Add +0.9%
ICE Intercontinental Exchange Inc. 1.56% 138,331 $18.9M Add +1.8%
JNJ Johnson & Johnson 1.42% 117,420 $17.2M Add +1.8%
LIN Linde PLC 1.41% 38,925 $17.1M Add +1.2%
GOOGL Alphabet Inc. Class A 1.22% 80,795 $14.7M Add +0.3%
DEO Diageo PLC-Sponsored ADR 1.15% 110,621 $13.9M Add +1.4%
LHX L3HARRIS Technologies Inc. 1.13% 61,090 $13.7M Add +2.5%
CRM Salesforce Inc. 1.12% 52,829 $13.6M Add +5.3%
CPAY Corpay Inc. 1.11% 50,531 $13.5M Add +0.5%
LH Labcorp Holdings Inc. 1.06% 63,005 $12.8M Add +0.3%
MRK Merck & Co. Inc. 0.90% 87,548 $10.8M No change
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.67% 76,709 $8.2M Add +0.9%
PM Philip Morris International 0.63% 75,423 $7.6M Reduce -3.2%
PG The Procter & Gamble Co. 0.53% 38,566 $6.4M No change
TT Trane Technologies PLC 0.49% 17,979 $5.9M No change
ELV Elevance Health Inc. 0.47% 10,458 $5.7M No change
PFE Pfizer Inc. 0.45% 195,291 $5.5M Reduce -3.8%
WFC Wells Fargo & Co. 0.43% 86,955 $5.2M Reduce -1.4%
CVX Chevron Corp. 0.36% 28,236 $4.4M No change
LRCX Lam Research Corp. 0.35% 4,000 $4.3M No change
MDLZ Mondelez International Inc. Class A 0.35% 63,857 $4.2M Reduce -5.3%
ETN Eaton Corp. PLC 0.31% 11,800 $3.7M No change
MLM Martin Marietta Materials 0.28% 6,225 $3.4M No change
CAT Caterpillar Inc. 0.27% 9,737 $3.2M No change
GE General Electric filed as GE AEROSPACE 0.26% 19,466 $3.1M Reduce -0.0%
KO The Coca-Cola Co. 0.23% 44,118 $2.8M Reduce -5.5%
NSC Norfolk Southern Corp. 0.23% 12,926 $2.8M No change
YUM Yum! Brands Inc. 0.23% 20,767 $2.8M Reduce -4.4%
DUK Duke Energy Corp. 0.22% 26,685 $2.7M Reduce -1.2%
SHEL Shell PLC-ADR 0.21% 35,823 $2.6M Reduce -6.9%
HD Home Depot Inc. 0.21% 7,400 $2.5M No change
ORCL Oracle Corp. 0.19% 15,897 $2.2M No change
TXN Texas Instruments Inc. 0.18% 11,100 $2.2M No change
COP Conocophillips 0.18% 18,865 $2.2M No change
RSG Republic Services Inc. 0.18% 11,102 $2.2M No change
BMY Bristol-Myers Squibb Co. 0.17% 50,038 $2.1M Reduce -2.9%
UPS United Parcel Service Class B 0.14% 12,600 $1.7M Reduce -10.6%
NEE Nextera Energy Inc. 0.14% 24,000 $1.7M No change
SYK Stryker Corp. 0.14% 4,819 $1.6M Add +15.6%
LLY Eli Lilly & Co. 0.13% 1,803 $1.6M No change
EMR Emerson Electric Co. 0.13% 14,377 $1.6M No change
BDX Becton Dickinson and Co. 0.13% 6,708 $1.6M Reduce -5.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.12% 37,120 $1.5M Add +1.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.11% 12,550 $1.4M Add +12.1%
IR Ingersoll-Rand Inc. 0.11% 14,859 $1.3M Reduce -0.0%
MMM 3M Co. 0.11% 13,186 $1.3M Reduce -1.3%
NKE Nike Inc. Class B 0.11% 17,599 $1.3M Reduce -19.8%
MCD McDonald's Corp. 0.11% 5,129 $1.3M Reduce -8.9%
GS Goldman Sachs Group Inc. 0.10% 2,550 $1.2M No change
MSI Motorola Solutions Inc. 0.09% 2,910 $1.1M No change
LOW Lowe's Cos Inc. 0.09% 5,059 $1.1M Reduce -4.7%
MO Altria Group Inc. 0.09% 23,009 $1.0M Reduce -3.7%
KMB Kimberly-Clark Corp. 0.09% 7,483 $1.0M Reduce -24.1%
PEP Pepsico Inc. 0.08% 6,182 $1.0M Reduce -13.3%
L Loews Corp. 0.08% 13,200 $987K No change
CME Cme Group Inc. 0.07% 4,500 $885K No change
FCNCA First Citizens Bcshs Class A 0.07% 525 $884K No change
CB Chubb Ltd. 0.07% 3,210 $819K Reduce -17.5%
HON Honeywell International Inc. 0.07% 3,788 $809K Add +8.6%
NVS Novartis AG-Sponsored ADR 0.06% 7,334 $781K Reduce -9.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 4,465 $772K Reduce -18.3%
GEV GE Vernova Inc. 0.06% 4,458 $765K Reduce -8.4%
ABBV Abbvie Inc. 0.06% 4,382 $752K No change
ZBH Zimmer Biomet Holdings Inc. 0.06% 6,761 $734K No change
IAU iShares Gold Trust 0.06% 16,250 $714K New
IWR iShares Russell Mid-Cap ETF 0.06% 8,724 $707K Add +366.5%
FITB Fifth Third Bancorp 0.05% 16,432 $600K No change
BP BP PLC-Spons ADR 0.05% 16,512 $596K Reduce -9.7%
PSX Phillips 66 0.05% 4,145 $585K Reduce -19.4%
GEHC GE Healthcare Technology 0.05% 7,107 $554K Reduce -0.0%
GRMN Garmin Ltd. 0.04% 3,000 $489K No change
CMI Cummins Inc. 0.04% 1,666 $461K No change
DD Dupont DE Nemours Inc. 0.04% 5,458 $439K Reduce -0.4%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.04% 6,250 $433K No change
WEC WEC Energy Group Inc. 0.03% 4,824 $378K No change
DOW Dow Inc. 0.03% 6,697 $355K Reduce -0.3%
ENB Enbridge Inc. 0.03% 9,794 $349K No change
YUMC Yum China Holdings Inc. 0.03% 10,790 $333K No change
PNC PNC Financial Services Group 0.03% 2,076 $323K No change
LNC Lincoln National Corp. 0.03% 10,244 $319K Reduce -6.4%
ORI Old Republic Intl Corp. 0.03% 9,990 $309K Add +0.9%
AMAT Applied Materials Inc. 0.03% 1,300 $307K No change
AVGO Broadcom Inc. 0.02% 175 $281K No change
DGX Quest Diagnostics Inc. 0.02% 1,808 $247K No change
ADP Automatic Data Processing 0.02% 1,000 $239K No change
RF Regions Financial Corp. 0.02% 11,880 $238K No change
WMT Walmart Inc. 0.02% 3,441 $233K New
SUSA iShares ESG Optimized MSCI U 0.02% 1,900 $214K No change
FDX FedEx Corp. 0.02% 700 $210K No change
TRV The Travelers Cos Inc. 0.02% 1,000 $203K No change
ITW Illinois Tool Works 0.02% 857 $203K No change
IWP iShares Russell Mid-Cap Grow 0.02% 1,815 $200K No change
OPOF Old Point Financial Corp. 0.01% 11,925 $175K No change
IVV iShares Core S&P 500 ETF 0.01% 250 $137K No change
IJS iShares S&P Small-Cap 600 Va 0.01% 1,400 $136K No change
IJK iShares S&P Mid-Cap 400 Grow 0.01% 1,200 $106K No change
IWM iShares Russell 2000 ETF 0.01% 362 $73K No change
IWF iShares Russell 1000 Growth 0.01% 200 $73K No change
IJR iShares Core S&P Small-Cap E 0.01% 600 $64K No change

Portfolio Sells Q1 2024 → Q2 2024
PXD Pioneer Natural Resources Co. Sold out 0.00% −1.28
BRK.A Berkshire Hathaway Inc. Class A Reduce -7.1% 7.28% −0.93
SCHW Schwab (charles) Corp. Sold out 0.00% −0.91
CMCSA Comcast Corp. Class A Reduce -0.2% 2.09% −0.25
NKE Nike Inc. Class B Reduce -19.8% 0.11% −0.06
BMY Bristol-Myers Squibb Co. Reduce -2.9% 0.17% −0.06
MDLZ Mondelez International Inc. Class A Reduce -5.3% 0.35% −0.05
UPS United Parcel Service Class B Reduce -10.6% 0.14% −0.03
GE General Electric Reduce -0.0% 0.26% −0.03
MCD McDonald's Corp. Reduce -8.9% 0.11% −0.02
YUM Yum! Brands Inc. Reduce -4.4% 0.23% −0.02
IBM Intl Business Machines Corp. Reduce -18.3% 0.06% −0.02
PSX Phillips 66 Reduce -19.4% 0.05% −0.02
KMB Kimberly-Clark Corp. Reduce -24.1% 0.09% −0.02
LOW Lowe's Cos Inc. Reduce -4.7% 0.09% −0.02
GPN Global Payments Inc. Sold out 0.00% −0.02
PEP Pepsico Inc. Reduce -13.3% 0.08% −0.02
PFE Pfizer Inc. Reduce -3.8% 0.45% −0.02
SSB Southstate Bank Corp. Sold out 0.00% −0.02
BDX Becton Dickinson and Co. Reduce -5.2% 0.13% −0.02
CB Chubb Ltd. Reduce -17.5% 0.07% −0.02
BP BP PLC-Spons ADR Reduce -9.7% 0.05% −0.01
GEHC GE Healthcare Technology Reduce -0.0% 0.05% −0.01
MMM 3M Co. Reduce -1.3% 0.11% −0.01
KO The Coca-Cola Co. Reduce -5.5% 0.23% −0.01
GEV GE Vernova Inc. Reduce -8.4% 0.06% −0.01
IR Ingersoll-Rand Inc. Reduce -0.0% 0.11% −0.01
DOW Dow Inc. Reduce -0.3% 0.03% −0.00
LNC Lincoln National Corp. Reduce -6.4% 0.03% −0.00
SHEL Shell PLC-ADR Reduce -6.9% 0.21% −0.00
NVS Novartis AG-Sponsored ADR Reduce -9.3% 0.06% −0.00
MO Altria Group Inc. Reduce -3.7% 0.09% −0.00
WFC Wells Fargo & Co. Reduce -1.4% 0.43% −0.00
DD Dupont DE Nemours Inc. Reduce -0.4% 0.04% +0.00
DUK Duke Energy Corp. Reduce -1.2% 0.22% +0.00
PM Philip Morris International Reduce -3.2% 0.63% +0.04
TDG Transdigm Group Inc. Reduce -0.3% 2.81% +0.06
GOOG Alphabet Inc. Class C Reduce -1.2% 5.95% +0.89
AAPL Apple Inc. Reduce -2.0% 9.92% +1.59

Portfolio Buys Q1 2024 → Q2 2024
XOM Exxon Mobil Corp. Add +60.1% 3.51% +1.27
ZTS Zoetis Inc. Add +154.8% 1.72% +1.05
MSFT Microsoft Corp. Add +0.3% 8.04% +0.41
GOOGL Alphabet Inc. Class A Add +0.3% 1.22% +0.20
AMZN Amazon.com Inc. Add +0.7% 3.16% +0.20
MU Micron Technology Inc. Add +0.3% 1.74% +0.17
BKNG Booking Holdings Inc. Add +1.2% 1.85% +0.16
LHX L3HARRIS Technologies Inc. Add +2.5% 1.13% +0.07
UNH Unitedhealth Group Inc. Add +1.7% 2.09% +0.07
IAU iShares Gold Trust New 0.06% +0.06
IWR iShares Russell Mid-Cap ETF Add +366.5% 0.06% +0.05
BRK.B Berkshire Hathaway Inc. Class B Add +6.3% 2.51% +0.04
TJX TJX Companies Inc. Add +12.1% 0.11% +0.02
WMT Walmart Inc. New 0.02% +0.02
AXP American Express Co. Add +0.2% 2.44% +0.02
JPM JPMorgan Chase & Co. Add +0.6% 3.56% +0.02
SYK Stryker Corp. Add +15.6% 0.14% +0.01
HON Honeywell International Inc. Add +8.6% 0.07% +0.01
BAC Bank of America Corp. Add +1.4% 0.12% +0.01
ICE Intercontinental Exchange Inc. Add +1.8% 1.56% +0.00
ORI Old Republic Intl Corp. Add +0.9% 0.03% +0.00
AMT American Tower Corp. Add +1.8% 1.91% −0.02
LIN Linde PLC Add +1.2% 1.41% −0.08
LH Labcorp Holdings Inc. Add +0.3% 1.06% −0.09
JNJ Johnson & Johnson Add +1.8% 1.42% −0.11
FISV Fiserv Inc. Add +0.8% 1.68% −0.13
CPRT Copart Inc. Add +1.0% 1.95% −0.14
CRM Salesforce Inc. Add +5.3% 1.12% −0.14
TMO Thermo Fisher Scientific Inc. Add +1.5% 3.57% −0.17
CPAY Corpay Inc. Add +0.5% 1.11% −0.18
DEO Diageo PLC-Sponsored ADR Add +1.4% 1.15% −0.20
UNP Union Pacific Corp. Add +1.1% 2.40% −0.21
V Visa Inc. Class A Add +0.8% 4.47% −0.30
EL Estee Lauder Companies Class A Add +0.9% 0.67% −0.30
DIS The Walt Disney Co. Add +0.9% 1.58% −0.37

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 128$1.5BAAPL, MU, GOOG, MSFT, BRK.A
Q1 2026 130$1.3BAAPL, GOOG, MSFT, BRK.A, XOM
Q4 2025 129$1.4BAAPL, GOOG, MSFT, BRK.A, V
Q3 2025 122$1.3BAAPL, MSFT, BRK.A, GOOG, V
Q2 2025 120$1.3BAAPL, MSFT, BRK.A, V, GOOG
Q1 2025 119$1.2BAAPL, BRK.A, MSFT, V, GOOG
Q4 2024 124$1.3BAAPL, MSFT, BRK.A, GOOG, V
Q3 2024 124$1.3BAAPL, MSFT, BRK.A, GOOG, V
Q2 2024 120$1.2BAAPL, MSFT, BRK.A, GOOG, V
Q1 2024 121$1.2BAAPL, BRK.A, MSFT, GOOG, V