Millstone Evans Group, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 11, 2026), Millstone Evans Group, LLC reported 874 stock positions worth $184.8 million. Its top holding was Nvidia (NVDA) at 8.7% of the portfolio, followed by Apple (AAPL, 8.2%) and Impax Global Sustainable Inf (BLDX, 5.7%). Compared with Q1 2026, it opened 57 new positions, sold out of 39, added to 177 and reduced 134. The biggest buy was a new position in Impax Global Sustainable Inf (BLDX) and the biggest sale Apple (AAPL, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- BOULDER, CO
- CIK
- 0002041943
- Portfolio Value
- $184.8M (Q2 2026)
- SEC Filing
- 0002041943-26-000003 ↗ filed Aug 11, 2026
Holdings Value
Holdings 874 stocks · $184.8M
| NVDA Nvidia Corp. | 8.67% | 80,112 | $16.0M | Add +0.4% |
| AAPL Apple Inc. | 8.25% | 52,690 | $15.2M | Reduce -7.2% |
| BLDX Impax Global Sustainable Inf | 5.68% | 403,194 | $10.5M | New |
| MSFT Microsoft Corp. | 3.50% | 17,326 | $6.5M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.87% | 10,611 | $5.3M | Reduce -0.0% |
| GOOG Alphabet Inc. Class C | 2.12% | 11,065 | $3.9M | Reduce -12.8% |
| JPM JPMorgan Chase & Co. | 1.99% | 11,258 | $3.7M | Reduce -0.8% |
| IMCV iShares Morningstar Mid-Cap | 1.82% | 36,762 | $3.4M | Reduce -4.0% |
| IWS iShares Russell Mid-Cap Valu | 1.76% | 19,763 | $3.3M | Reduce -11.6% |
| ORCL Oracle Corp. | 1.65% | 20,872 | $3.1M | Reduce -3.2% |
| GOOGL Alphabet Inc. Class A | 1.57% | 8,141 | $2.9M | Reduce -5.8% |
| RJF Raymond James Financial Inc. | 1.57% | 19,055 | $2.9M | Reduce -1.5% |
| JNJ Johnson & Johnson | 1.32% | 9,613 | $2.4M | Reduce -6.2% |
| AMZN Amazon.com Inc. | 1.20% | 9,320 | $2.2M | Reduce -6.5% |
| LECO Lincoln Electric Holdings | 1.14% | 7,911 | $2.1M | Reduce -1.8% |
| VOO Vanguard S&P 500 ETF | 1.06% | 2,865 | $2.0M | Reduce -0.5% |
| EMLP First Trust North American E | 1.02% | 43,478 | $1.9M | Reduce -7.4% |
| PWRD TCW Transform Systems ETF | 0.98% | 14,734 | $1.8M | Add +21.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.97% | 6,407 | $1.8M | Reduce -2.4% |
| LLY Eli Lilly & Co. | 0.90% | 1,385 | $1.7M | Add +18.9% |
| MDY State Street SPDR S&P Midcap | 0.84% | 2,218 | $1.6M | Reduce -18.2% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.80% | 15,100 | $1.5M | Reduce -19.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.80% | 1,975 | $1.5M | Add +5.7% |
| GLW Corning Inc. | 0.75% | 5,405 | $1.4M | Add +0.2% |
| MRK Merck & Co. Inc. | 0.73% | 10,569 | $1.4M | Reduce -22.2% |
| GE General Electric filed as GE AEROSPACE | 0.69% | 3,433 | $1.3M | Reduce -35.0% |
| FLEX Flex Ltd. | 0.67% | 7,625 | $1.2M | No change |
| SBUX Starbucks Corp. | 0.65% | 11,823 | $1.2M | Reduce -0.6% |
| CSCO Cisco Systems Inc. | 0.65% | 10,267 | $1.2M | Add +0.4% |
| SCHD Schwab US DVD Equity ETF | 0.64% | 37,221 | $1.2M | Add +0.8% |
| TMO Thermo Fisher Scientific Inc. | 0.61% | 2,267 | $1.1M | Reduce -24.5% |
| NSC Norfolk Southern Corp. | 0.57% | 3,332 | $1.0M | Add +0.1% |
| DFAC Dimensional US Core Equity 2 | 0.54% | 22,510 | $999K | Reduce -4.0% |
| GEV GE Vernova Inc. | 0.54% | 846 | $994K | Reduce -35.7% |
| PG The Procter & Gamble Co. | 0.54% | 6,772 | $993K | Reduce -2.5% |
| IWM iShares Russell 2000 ETF | 0.54% | 3,305 | $993K | Reduce -4.2% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.51% | 30,384 | $945K | Reduce -26.9% |
| VYM Vanguard High DVD Yield ETF | 0.50% | 5,837 | $922K | Reduce -0.4% |
| WAT Waters Corp. | 0.48% | 2,388 | $896K | Reduce -23.8% |
| ESGV Vanguard ESG US Stock ETF | 0.46% | 6,409 | $848K | Reduce -8.7% |
| V Visa Inc. Class A | 0.46% | 2,470 | $847K | Add +1.6% |
| MMM 3M Co. | 0.45% | 5,187 | $840K | Add +0.1% |
| PNC PNC Financial Services Group | 0.43% | 3,218 | $792K | Add +0.9% |
| AXP American Express Co. | 0.43% | 2,342 | $792K | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.42% | 1,638 | $782K | Add +2.9% |
| AMD Advanced Micro Devices | 0.42% | 1,328 | $771K | Add +3.4% |
| INTC Intel Corp. | 0.40% | 5,352 | $747K | Add +1.1% |
| COST Costco Wholesale Corp. | 0.37% | 740 | $692K | Reduce -20.3% |
| IWF iShares Russell 1000 Growth | 0.37% | 5,540 | $688K | No change |
| COWZ Pacer US Cash Cows 100 ETF | 0.34% | 10,139 | $631K | Reduce -15.0% |
| ABBV Abbvie Inc. | 0.34% | 2,498 | $629K | Reduce -19.0% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.33% | 11,677 | $616K | Reduce -5.8% |
| UBSI United Bankshares Inc. | 0.33% | 13,328 | $611K | No change |
| XOM Exxon Mobil Corp. | 0.32% | 4,280 | $585K | Reduce -9.9% |
| RSP Invesco S&P 500 Equal Weight | 0.31% | 2,723 | $579K | Reduce -0.3% |
| SYK Stryker Corp. | 0.31% | 1,792 | $564K | No change |
| CVX Chevron Corp. | 0.30% | 3,373 | $559K | Reduce -19.7% |
| CWS Advisorshares Equity Focused | 0.29% | 7,818 | $533K | Reduce -3.3% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.28% | 10,362 | $524K | Reduce -28.7% |
| WMT Walmart Inc. | 0.27% | 4,485 | $508K | Reduce -11.6% |
| ADP Automatic Data Processing | 0.27% | 2,266 | $507K | Reduce -39.2% |
| DCOR Dimensional US Core Eq 1 ETF | 0.27% | 6,093 | $500K | Add +3.5% |
| MCD McDonald's Corp. | 0.27% | 1,835 | $496K | Add +19.8% |
| XLV SS Health Care Select Sector | 0.27% | 3,094 | $491K | No change |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 0.26% | 12,263 | $487K | Reduce -41.4% |
| NVS Novartis AG-Sponsored ADR | 0.26% | 3,102 | $486K | No change |
| GLDM SPDR Gold Minishares Trust | 0.26% | 5,976 | $475K | Reduce -20.3% |
| IJH iShares Core S&P Midcap ETF | 0.25% | 5,929 | $457K | Reduce -6.1% |
| KVUE Kenvue Inc. | 0.25% | 23,802 | $455K | Reduce -5.0% |
| JCI Johnson Controls Internation | 0.24% | 3,073 | $449K | Reduce -10.3% |
| VIG Vanguard Dividend Apprec ETF | 0.24% | 1,883 | $446K | No change |
| T AT&T Inc. | 0.24% | 21,296 | $441K | Reduce -10.1% |
| DFIC Dimensional International Co. | 0.24% | 11,738 | $437K | Reduce -1.8% |
| VXUS Vanguard Total Intl Stock | 0.24% | 5,101 | $436K | Reduce -48.3% |
| EMR Emerson Electric Co. | 0.23% | 3,025 | $433K | Add +1.0% |
| OAKM Oakmark US Large Cap ETF | 0.23% | 14,904 | $420K | Reduce -21.1% |
| XLY SS Consumer Disc Select Sect | 0.23% | 3,570 | $419K | Add +631.6% |
| VWO Vanguard Ftse Emerging Marke | 0.22% | 6,884 | $411K | Add +1.3% |
| UNP Union Pacific Corp. | 0.22% | 1,508 | $410K | Reduce -4.3% |
| VZ Verizon Communications Inc. | 0.22% | 9,661 | $409K | Reduce -8.7% |
| BUSE First Busey Corp. | 0.21% | 13,350 | $394K | No change |
| RDVY First Trust Rising Dividend | 0.21% | 4,823 | $391K | Reduce -30.7% |
| CMI Cummins Inc. | 0.21% | 546 | $389K | Add +0.6% |
| CRM Salesforce Inc. | 0.21% | 2,472 | $387K | Add +0.2% |
| SUPP TCW Transform Supply Chain E | 0.21% | 4,314 | $382K | Reduce -1.9% |
| ADI Analog Devices Inc. | 0.20% | 948 | $377K | Reduce -8.1% |
| QQQM Invesco Nasdaq 100 ETF | 0.20% | 1,242 | $376K | Add +1.3% |
| ETN Eaton Corp. PLC | 0.20% | 883 | $376K | Reduce -4.8% |
| TREX Trex Company Inc. filed as TREX INC | 0.20% | 7,500 | $375K | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.20% | 3,765 | $364K | Reduce -0.2% |
| MA Mastercard Inc. Class A | 0.19% | 695 | $357K | Add +6.8% |
| GS Goldman Sachs Group Inc. | 0.19% | 350 | $354K | Add +3.9% |
| SHW The Sherwin-Williams Co. | 0.18% | 990 | $341K | Add +0.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.18% | 3,924 | $338K | Reduce -31.5% |
| UPGD Invesco Bloomberg Analyst Ra | 0.18% | 4,065 | $333K | Reduce -0.4% |
| APD Air Products & Chemicals Inc. | 0.17% | 1,099 | $322K | Reduce -8.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.17% | 1,062 | $322K | Reduce -34.6% |
| MDT Medtronic PLC | 0.17% | 4,091 | $320K | Reduce -10.4% |
| PEP Pepsico Inc. | 0.17% | 2,347 | $318K | Reduce -53.8% |
| BKNG Booking Holdings Inc. | 0.17% | 1,775 | $316K | No change |
Other holdings (3): bonds, preferreds, convertibles and warrants · $8K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 135 | $7K | No change |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 12 | $1K | No change |
| XRXDW Xerox Holdings Corp. | *W EXP 02/11/202 | 43 | $12 | New |
Total filed on the 13F, all lines: $184.8M.
Portfolio Sells Q1 2026 → Q2 2026
| AAPL Apple Inc. | Reduce -7.2% | 8.25% | −0.40 |
| PEP Pepsico Inc. | Reduce -53.8% | 0.17% | −0.30 |
| TMO Thermo Fisher Scientific Inc. | Reduce -24.5% | 0.61% | −0.27 |
| VYMI Vanguard Int High DVD YLD Inc. | Reduce -19.4% | 0.80% | −0.26 |
| ORCL Oracle Corp. | Reduce -3.2% | 1.65% | −0.25 |
| MRK Merck & Co. Inc. | Reduce -22.2% | 0.73% | −0.25 |
| BAC Bank of America Corp. | Reduce -64.9% | 0.14% | −0.24 |
| VXUS Vanguard Total Intl Stock | Reduce -48.3% | 0.24% | −0.22 |
| CVX Chevron Corp. | Reduce -19.7% | 0.30% | −0.22 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | Reduce -41.4% | 0.26% | −0.22 |
| EMLP First Trust North American E | Reduce -7.4% | 1.02% | −0.21 |
| GE General Electric | Reduce -35.0% | 0.69% | −0.21 |
| IWS iShares Russell Mid-Cap Valu | Reduce -11.6% | 1.76% | −0.20 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -26.9% | 0.51% | −0.18 |
| JNJ Johnson & Johnson | Reduce -6.2% | 1.32% | −0.18 |
| COST Costco Wholesale Corp. | Reduce -20.3% | 0.37% | −0.18 |
| ADP Automatic Data Processing | Reduce -39.2% | 0.27% | −0.18 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.0% | 2.87% | −0.18 |
| T AT&T Inc. | Reduce -10.1% | 0.24% | −0.17 |
| XOM Exxon Mobil Corp. | Reduce -9.9% | 0.32% | −0.17 |
| JPST JPMorgan Ultra-Short Income | Reduce -59.7% | 0.09% | −0.16 |
| GLDM SPDR Gold Minishares Trust | Reduce -20.3% | 0.26% | −0.16 |
| MDY State Street SPDR S&P Midcap | Reduce -18.2% | 0.84% | −0.16 |
| DE Deere & Co. | Reduce -60.6% | 0.10% | −0.15 |
| GEV GE Vernova Inc. | Reduce -35.7% | 0.54% | −0.15 |
| HD Home Depot Inc. | Reduce -60.6% | 0.09% | −0.15 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -86.0% | 0.02% | −0.14 |
| TGT Target Corp. | Reduce -53.8% | 0.11% | −0.14 |
| IMCV iShares Morningstar Mid-Cap | Reduce -4.0% | 1.82% | −0.13 |
| TT Trane Technologies PLC | Reduce -78.2% | 0.04% | −0.12 |
| RJF Raymond James Financial Inc. | Reduce -1.5% | 1.57% | −0.11 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -28.7% | 0.28% | −0.11 |
| COR Cencora Inc. | Reduce -96.2% | 0.00% | −0.11 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -15.0% | 0.34% | −0.11 |
| CMCSA Comcast Corp. Class A | Reduce -31.6% | 0.12% | −0.11 |
| WMT Walmart Inc. | Reduce -11.6% | 0.27% | −0.10 |
| VZ Verizon Communications Inc. | Reduce -8.7% | 0.22% | −0.10 |
| FLSW Franklin Ftse Switzerland | Sold out | 0.00% | −0.10 |
| VXF Vanguard Extended Market ETF | Reduce -50.2% | 0.11% | −0.09 |
| OAKM Oakmark US Large Cap ETF | Reduce -21.1% | 0.23% | −0.09 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -34.6% | 0.17% | −0.08 |
| WAT Waters Corp. | Reduce -23.8% | 0.48% | −0.08 |
| GLD SPDR Gold Shares | Reduce -36.6% | 0.07% | −0.07 |
| RDVY First Trust Rising Dividend | Reduce -30.7% | 0.21% | −0.07 |
| GOOG Alphabet Inc. Class C | Reduce -12.8% | 2.12% | −0.07 |
| LECO Lincoln Electric Holdings | Reduce -1.8% | 1.14% | −0.07 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -31.5% | 0.18% | −0.07 |
| PG The Procter & Gamble Co. | Reduce -2.5% | 0.54% | −0.06 |
| MDT Medtronic PLC | Reduce -10.4% | 0.17% | −0.06 |
| BP BP PLC-Spons ADR | Reduce -71.7% | 0.02% | −0.06 |
Portfolio Buys Q1 2026 → Q2 2026
| BLDX Impax Global Sustainable Inf | New | 5.68% | +5.68 |
| NVDA Nvidia Corp. | Add +0.4% | 8.67% | +0.32 |
| GLW Corning Inc. | Add +0.2% | 0.75% | +0.31 |
| PWRD TCW Transform Systems ETF | Add +21.1% | 0.98% | +0.27 |
| INTC Intel Corp. | Add +1.1% | 0.40% | +0.26 |
| AMD Advanced Micro Devices | Add +3.4% | 0.42% | +0.26 |
| LLY Eli Lilly & Co. | Add +18.9% | 0.90% | +0.26 |
| XLY SS Consumer Disc Select Sect | Add +631.6% | 0.23% | +0.19 |
| CSCO Cisco Systems Inc. | Add +0.4% | 0.65% | +0.18 |
| XLB SS Materials Select Sector | Add +4907.3% | 0.15% | +0.15 |
| SPHY SS SPDR P High Yield ETF | New | 0.10% | +0.10 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.9% | 0.42% | +0.10 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +5.7% | 0.80% | +0.07 |
| SJNK SS SPDR BB St Hi Yield ETF | Add +176.3% | 0.11% | +0.07 |
| LRCX Lam Research Corp. | Add +3.3% | 0.14% | +0.07 |
| UNH Unitedhealth Group Inc. | Add +1.1% | 0.17% | +0.05 |
| AMAT Applied Materials Inc. | Add +3.9% | 0.08% | +0.04 |
| CMI Cummins Inc. | Add +0.6% | 0.21% | +0.04 |
| PNFP Pinnacle Financial Partners | New | 0.03% | +0.03 |
| VTI VG Morningstar TS MKT ETF-US | Add +21.5% | 0.15% | +0.03 |
| XMHQ Invesco S&P Midcap Qual ETF | Add +87.7% | 0.07% | +0.03 |
| PNC PNC Financial Services Group | Add +0.9% | 0.43% | +0.03 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.03% | +0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +20.7% | 0.17% | +0.03 |
| XLK SS Technology Select Sector | Add +72.0% | 0.05% | +0.03 |
| CAT Caterpillar Inc. | Add +4.2% | 0.10% | +0.03 |
| QQQM Invesco Nasdaq 100 ETF | Add +1.3% | 0.20% | +0.03 |
| AMG Affiliated Managers Group | Add +117.3% | 0.04% | +0.03 |
| DOV Dover Corp. | New | 0.02% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +15.0% | 0.05% | +0.02 |
| VT Vanguard Tot World STK ETF | Add +105.3% | 0.04% | +0.02 |
| POST Post Holdings Inc. | Add +214.1% | 0.04% | +0.02 |
| WLY Wiley (john) & Sons Class A | Add +345.3% | 0.03% | +0.02 |
| VEA Vanguard Ftse Developed ETF | Add +472.8% | 0.03% | +0.02 |
| GS Goldman Sachs Group Inc. | Add +3.9% | 0.19% | +0.02 |
| DFSV Dimensional US Small Cap Val | Add +47.0% | 0.06% | +0.02 |
| PRMB Primo Brands Corp. | Add +77.8% | 0.04% | +0.02 |
| MIDD Middleby Corp. | Add +368.0% | 0.02% | +0.02 |
| MS Morgan Stanley | Add +1.7% | 0.12% | +0.02 |
| V Visa Inc. Class A | Add +1.6% | 0.46% | +0.02 |
| FSUN Firstsun Capital Bancorp | New | 0.02% | +0.02 |
| LVHI Franklin International Low V | New | 0.02% | +0.02 |
| EBAY eBay Inc. | Add +0.8% | 0.15% | +0.02 |
| DCOR Dimensional US Core Eq 1 ETF | Add +3.5% | 0.27% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.02% | +0.02 |
| NVST Envista Holdings Corp. | Add +381.6% | 0.02% | +0.01 |
| RAL Ralliant Corp. | New | 0.01% | +0.01 |
| TSLA Tesla Inc. | Add +677.8% | 0.02% | +0.01 |
| C Citigroup Inc. | Add +1.1% | 0.11% | +0.01 |
| SPCX Space Exploration Techn Class A | New | 0.01% | +0.01 |
Notes & Other Activity Q1 2026 → Q2 2026
| XRXDW Xerox Holdings Corp. | *W EXP 02/11/202 | New | 43 | $12 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 874 | $184.8M | NVDA, AAPL, BLDX, MSFT, BRK.B |
| Q1 2026 | 854 | $166.6M | AAPL, NVDA, MSFT, BRK.B, GOOG |
| Q4 2025 | 855 | $170.0M | AAPL, NVDA, MSFT, BRK.B, ORCL |
| Q3 2025 | 832 | $157.4M | NVDA, AAPL, MSFT, ORCL, BRK.B |
| Q2 2025 | 762 | $146.7M | NVDA, AAPL, MSFT, BRK.B, ORCL |
| Q1 2025 | 796 | $147.4M | AAPL, NVDA, MSFT, BRK.B, DFAC |
| Q4 2024 | 732 | $146.7M | AAPL, NVDA, MSFT, DFAC, BRK.B |