Mill Capital Management, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 29, 2024), Mill Capital Management, LLC reported 124 stock positions worth $1.3 billion. Its top holding was Apple (AAPL) at 10.3% of the portfolio, followed by Microsoft (MSFT, 7.3%) and Berkshire Hathaway Class A (BRK.A, 7.2%). Compared with Q2 2024, it opened 6 new positions, sold out of 2, added to 24 and reduced 37. The biggest buy was a new position in Otis Worldwide (OTIS) and the biggest sale Walt Disney (DIS, shares −93%).

Most Recent 13F
Q2 2026
Location
CONCORD, NC
CIK
0001901166
Portfolio Value
$1.3B (Q3 2024)
SEC Filing
0001398344-24-019577 ↗ filed Oct 29, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.2B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.3B $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 124 stocks · $1.3B
AAPL Apple Inc. 10.35% 567,889 $132.3M Reduce -0.4%
MSFT Microsoft Corp. 7.31% 217,229 $93.5M Reduce -0.2%
BRK.A Berkshire Hathaway Inc. Class A 7.19% 133 $91.9M Reduce -7.6%
GOOG Alphabet Inc. Class C 5.14% 393,275 $65.8M Add +0.1%
V Visa Inc. Class A 4.45% 206,859 $56.9M Add +0.4%
TMO Thermo Fisher Scientific Inc. 3.81% 78,704 $48.7M Add +0.6%
JPM JPMorgan Chase & Co. 3.51% 212,680 $44.8M Reduce -0.2%
XOM Exxon Mobil Corp. 3.38% 368,960 $43.2M Add +0.1%
BRK.B Berkshire Hathaway Inc. Class B 2.98% 82,697 $38.1M Add +10.9%
TDG Transdigm Group Inc. 2.96% 26,543 $37.9M Reduce -0.3%
AMZN Amazon.com Inc. 2.91% 199,609 $37.2M Add +0.9%
AXP American Express Co. 2.71% 127,982 $34.7M Add +0.3%
UNP Union Pacific Corp. 2.48% 128,733 $31.7M Add +0.3%
UNH Unitedhealth Group Inc. 2.28% 49,814 $29.1M Add +0.1%
AMT American Tower Corp. 2.17% 119,243 $27.7M Add +0.1%
CMCSA Comcast Corp. Class A 2.10% 643,122 $26.9M Reduce -0.6%
FISV Fiserv Inc. 1.91% 136,201 $24.5M Add +0.1%
ZTS Zoetis Inc. 1.88% 123,134 $24.1M Add +2.6%
BKNG Booking Holdings Inc. 1.86% 5,651 $23.8M Add +0.1%
CPRT Copart Inc. 1.79% 437,312 $22.9M Add +0.5%
ICE Intercontinental Exchange Inc. 1.75% 139,119 $22.3M Add +0.6%
JNJ Johnson & Johnson 1.50% 118,290 $19.2M Add +0.7%
LIN Linde PLC 1.47% 39,315 $18.7M Add +1.0%
CPAY Corpay Inc. 1.34% 54,615 $17.1M Add +8.1%
MU Micron Technology Inc. 1.31% 160,937 $16.7M Add +0.3%
DEO Diageo PLC-Sponsored ADR 1.22% 110,910 $15.6M Add +0.3%
CRM Salesforce Inc. 1.16% 54,076 $14.8M Add +2.4%
LHX L3HARRIS Technologies Inc. 1.14% 61,270 $14.6M Add +0.3%
LH Labcorp Holdings Inc. 1.10% 63,151 $14.1M Add +0.2%
GOOGL Alphabet Inc. Class A 1.05% 80,795 $13.4M No change
OTIS Otis Worldwide Corp. 1.03% 127,181 $13.2M New
VRSN Verisign Inc. 0.98% 65,986 $12.5M New
MRK Merck & Co. Inc. 0.78% 87,548 $9.9M No change
PM Philip Morris International 0.69% 73,102 $8.9M Reduce -3.1%
TT Trane Technologies PLC 0.55% 17,979 $7.0M No change
PG The Procter & Gamble Co. 0.52% 38,536 $6.7M Reduce -0.1%
PFE Pfizer Inc. 0.43% 190,164 $5.5M Reduce -2.6%
ELV Elevance Health Inc. 0.42% 10,408 $5.4M Reduce -0.5%
WFC Wells Fargo & Co. 0.38% 85,455 $4.8M Reduce -1.7%
MDLZ Mondelez International Inc. Class A 0.36% 62,657 $4.6M Reduce -1.9%
CVX Chevron Corp. 0.33% 28,236 $4.2M No change
ETN Eaton Corp. PLC 0.31% 11,800 $3.9M No change
CAT Caterpillar Inc. 0.30% 9,737 $3.8M No change
GE General Electric filed as GE AEROSPACE 0.29% 19,428 $3.7M Reduce -0.2%
MLM Martin Marietta Materials 0.26% 6,225 $3.4M No change
LRCX Lam Research Corp. 0.26% 4,000 $3.3M No change
NSC Norfolk Southern Corp. 0.25% 12,926 $3.2M No change
KO The Coca-Cola Co. 0.25% 43,833 $3.1M Reduce -0.7%
DUK Duke Energy Corp. 0.24% 26,125 $3.0M Reduce -2.1%
HD Home Depot Inc. 0.23% 7,400 $3.0M No change
ORCL Oracle Corp. 0.21% 15,897 $2.7M No change
YUM Yum! Brands Inc. 0.20% 18,698 $2.6M Reduce -10.0%
BMY Bristol-Myers Squibb Co. 0.20% 48,633 $2.5M Reduce -2.8%
SHEL Shell PLC-ADR 0.18% 35,823 $2.4M No change
TXN Texas Instruments Inc. 0.18% 11,100 $2.3M No change
RSG Republic Services Inc. 0.17% 11,102 $2.2M No change
NEE Nextera Energy Inc. 0.16% 24,000 $2.0M No change
COP Conocophillips 0.16% 18,865 $2.0M No change
MMM 3M Co. 0.14% 13,186 $1.8M No change
SYK Stryker Corp. 0.14% 4,819 $1.7M No change
LLY Eli Lilly & Co. 0.12% 1,803 $1.6M No change
MCD McDonald's Corp. 0.12% 5,129 $1.6M No change
BDX Becton Dickinson and Co. 0.12% 6,403 $1.5M Reduce -4.5%
EMR Emerson Electric Co. 0.12% 14,077 $1.5M Reduce -2.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.12% 12,550 $1.5M No change
IR Ingersoll-Rand Inc. 0.11% 14,859 $1.5M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.11% 35,179 $1.4M Reduce -5.2%
LOW Lowe's Cos Inc. 0.11% 5,058 $1.4M Reduce -0.0%
MSI Motorola Solutions Inc. 0.10% 2,910 $1.3M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.10% 13,163 $1.3M Reduce -93.2%
GS Goldman Sachs Group Inc. 0.10% 2,550 $1.3M No change
GEV GE Vernova Inc. 0.09% 4,398 $1.1M Reduce -1.4%
KMB Kimberly-Clark Corp. 0.08% 7,163 $1.0M Reduce -4.3%
CME Cme Group Inc. 0.08% 4,500 $993K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.08% 4,465 $987K No change
PEP Pepsico Inc. 0.08% 5,732 $975K Reduce -7.3%
MO Altria Group Inc. 0.08% 18,963 $968K Reduce -17.6%
FCNCA First Citizens Bcshs Class A 0.08% 525 $966K No change
CB Chubb Ltd. 0.07% 3,210 $926K No change
L Loews Corp. 0.07% 11,400 $901K Reduce -13.6%
ABBV Abbvie Inc. 0.07% 4,382 $865K No change
NVS Novartis AG-Sponsored ADR 0.07% 7,334 $844K No change
IAU iShares Gold Trust 0.06% 16,250 $808K No change
HON Honeywell International Inc. 0.06% 3,788 $783K No change
IWR iShares Russell Mid-Cap ETF 0.06% 8,724 $769K No change
ZBH Zimmer Biomet Holdings Inc. 0.06% 6,761 $730K No change
FITB Fifth Third Bancorp 0.06% 16,432 $704K No change
GEHC GE Healthcare Technology 0.05% 7,090 $665K Reduce -0.2%
PSX Phillips 66 0.04% 4,145 $545K No change
CMI Cummins Inc. 0.04% 1,666 $539K No change
GRMN Garmin Ltd. 0.04% 3,000 $528K No change
BP BP PLC-Spons ADR 0.04% 16,512 $518K No change
YUMC Yum China Holdings Inc. 0.04% 10,548 $475K Reduce -2.2%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.04% 6,250 $465K No change
WEC WEC Energy Group Inc. 0.04% 4,824 $464K No change
DD Dupont DE Nemours Inc. 0.04% 5,159 $460K Reduce -5.5%
PNC PNC Financial Services Group 0.03% 2,076 $384K No change
ENB Enbridge Inc. 0.03% 9,225 $375K Reduce -5.8%
ORI Old Republic Intl Corp. 0.03% 10,065 $357K Add +0.8%
DOW Dow Inc. 0.03% 5,971 $326K Reduce -10.8%
LNC Lincoln National Corp. 0.03% 10,244 $323K No change
AVGO Broadcom Inc. 0.02% 1,750 $302K No change
WMT Walmart Inc. 0.02% 3,441 $278K No change
RF Regions Financial Corp. 0.02% 11,880 $277K No change
ADP Automatic Data Processing 0.02% 1,000 $277K No change
AMAT Applied Materials Inc. 0.02% 1,300 $263K No change
DGX Quest Diagnostics Inc. 0.02% 1,620 $252K Reduce -10.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.02% 414 $238K New
SSB Southstate Bank Corp. 0.02% 2,439 $237K New
TRV The Travelers Cos Inc. 0.02% 1,000 $234K No change
OPOF Old Point Financial Corp. 0.02% 11,925 $230K No change
NKE Nike Inc. Class B 0.02% 2,600 $230K Reduce -85.2%
SUSA iShares ESG Optimized MSCI U 0.02% 1,900 $229K No change
ITW Illinois Tool Works 0.02% 857 $225K No change
LMT Lockheed Martin Corp. 0.02% 375 $219K New
UPS United Parcel Service Class B 0.02% 1,600 $218K Reduce -87.3%
BLK BlackRock Finance Inc. 0.02% 226 $215K New
IVV iShares Core S&P 500 ETF 0.01% 250 $144K No change
IJS iShares S&P Small-Cap 600 Va 0.01% 1,150 $124K Reduce -17.9%
IJK iShares S&P Mid-Cap 400 Grow 0.01% 1,200 $110K No change
IWM iShares Russell 2000 ETF 0.01% 362 $80K No change
IWF iShares Russell 1000 Growth 0.01% 200 $75K No change
IJR iShares Core S&P Small-Cap E 0.01% 600 $70K No change
IWP iShares Russell Mid-Cap Grow 0.01% 570 $67K Reduce -68.6%

Portfolio Sells Q2 2024 → Q3 2024
DIS The Walt Disney Co. Reduce -93.2% 0.10% −1.48
MSFT Microsoft Corp. Reduce -0.2% 7.31% −0.73
EL Estee Lauder Companies Class A Sold out 0.00% −0.67
UPS United Parcel Service Class B Reduce -87.3% 0.02% −0.13
BRK.A Berkshire Hathaway Inc. Class A Reduce -7.6% 7.19% −0.09
NKE Nike Inc. Class B Reduce -85.2% 0.02% −0.09
JPM JPMorgan Chase & Co. Reduce -0.2% 3.51% −0.05
WFC Wells Fargo & Co. Reduce -1.7% 0.38% −0.05
ELV Elevance Health Inc. Reduce -0.5% 0.42% −0.04
YUM Yum! Brands Inc. Reduce -10.0% 0.20% −0.02
PFE Pfizer Inc. Reduce -2.6% 0.43% −0.02
FDX FedEx Corp. Sold out 0.00% −0.02
BAC Bank of America Corp. Reduce -5.2% 0.11% −0.01
IWP iShares Russell Mid-Cap Grow Reduce -68.6% 0.01% −0.01
L Loews Corp. Reduce -13.6% 0.07% −0.01
MO Altria Group Inc. Reduce -17.6% 0.08% −0.01
EMR Emerson Electric Co. Reduce -2.1% 0.12% −0.01
BDX Becton Dickinson and Co. Reduce -4.5% 0.12% −0.01
PEP Pepsico Inc. Reduce -7.3% 0.08% −0.01
KMB Kimberly-Clark Corp. Reduce -4.3% 0.08% −0.01
DOW Dow Inc. Reduce -10.8% 0.03% −0.00
PG The Procter & Gamble Co. Reduce -0.1% 0.52% −0.00
IJS iShares S&P Small-Cap 600 Va Reduce -17.9% 0.01% −0.00
DGX Quest Diagnostics Inc. Reduce -10.4% 0.02% −0.00
DD Dupont DE Nemours Inc. Reduce -5.5% 0.04% −0.00
ENB Enbridge Inc. Reduce -5.8% 0.03% +0.00
GEHC GE Healthcare Technology Reduce -0.2% 0.05% +0.01
CMCSA Comcast Corp. Class A Reduce -0.6% 2.10% +0.01
YUMC Yum China Holdings Inc. Reduce -2.2% 0.04% +0.01
KO The Coca-Cola Co. Reduce -0.7% 0.25% +0.01
DUK Duke Energy Corp. Reduce -2.1% 0.24% +0.01
LOW Lowe's Cos Inc. Reduce -0.0% 0.11% +0.01
MDLZ Mondelez International Inc. Class A Reduce -1.9% 0.36% +0.02
GEV GE Vernova Inc. Reduce -1.4% 0.09% +0.02
BMY Bristol-Myers Squibb Co. Reduce -2.8% 0.20% +0.03
GE General Electric Reduce -0.2% 0.29% +0.03
PM Philip Morris International Reduce -3.1% 0.69% +0.06
TDG Transdigm Group Inc. Reduce -0.3% 2.96% +0.15
AAPL Apple Inc. Reduce -0.4% 10.35% +0.43

Portfolio Buys Q2 2024 → Q3 2024
OTIS Otis Worldwide Corp. New 1.03% +1.03
VRSN Verisign Inc. New 0.98% +0.98
BRK.B Berkshire Hathaway Inc. Class B Add +10.9% 2.98% +0.47
AXP American Express Co. Add +0.3% 2.71% +0.27
AMT American Tower Corp. Add +0.1% 2.17% +0.26
FISV Fiserv Inc. Add +0.1% 1.91% +0.24
TMO Thermo Fisher Scientific Inc. Add +0.6% 3.81% +0.23
CPAY Corpay Inc. Add +8.1% 1.34% +0.22
UNH Unitedhealth Group Inc. Add +0.1% 2.28% +0.18
ICE Intercontinental Exchange Inc. Add +0.6% 1.75% +0.18
ZTS Zoetis Inc. Add +2.6% 1.88% +0.16
UNP Union Pacific Corp. Add +0.3% 2.48% +0.08
JNJ Johnson & Johnson Add +0.7% 1.50% +0.08
DEO Diageo PLC-Sponsored ADR Add +0.3% 1.22% +0.07
LIN Linde PLC Add +1.0% 1.47% +0.06
LH Labcorp Holdings Inc. Add +0.2% 1.10% +0.04
CRM Salesforce Inc. Add +2.4% 1.16% +0.04
SPY SS SPDR S&P 500 ETF Trust-US New 0.02% +0.02
SSB Southstate Bank Corp. New 0.02% +0.02
LMT Lockheed Martin Corp. New 0.02% +0.02
BLK BlackRock Finance Inc. New 0.02% +0.02
BKNG Booking Holdings Inc. Add +0.1% 1.86% +0.01
LHX L3HARRIS Technologies Inc. Add +0.3% 1.14% +0.01
ORI Old Republic Intl Corp. Add +0.8% 0.03% +0.00
V Visa Inc. Class A Add +0.4% 4.45% −0.02
XOM Exxon Mobil Corp. Add +0.1% 3.38% −0.12
CPRT Copart Inc. Add +0.5% 1.79% −0.15
AMZN Amazon.com Inc. Add +0.9% 2.91% −0.25
MU Micron Technology Inc. Add +0.3% 1.31% −0.44
GOOG Alphabet Inc. Class C Add +0.1% 5.14% −0.81

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