RNC Capital Management LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), RNC Capital Management LLC reported 170 stock positions worth $2.1 billion. Its top holding was JPMorgan Chase (JPM) at 3.8% of the portfolio, followed by Cisco Systems (CSCO, 3.6%) and Northern Trust (NTRS, 3.4%). Compared with Q1 2025, it opened 11 new positions, sold out of 6, added to 71 and reduced 81. The biggest buy was Microchip Technology (MCHP, shares +10527%) and the biggest sale Intl Business Machines (IBM, shares −87%).
- Most Recent 13F
- Q2 2026
- Location
- LOS ANGELES, CA
- CIK
- 0000051762
- Portfolio Value
- $2.1B (Q2 2025)
- SEC Filing
- 0000051762-25-000003 ↗ filed Jul 30, 2025
Holdings Value
Holdings 170 stocks · $2.1B
| JPM JPMorgan Chase & Co. | 3.82% | 271,969 | $78.8M | Reduce -0.2% |
| CSCO Cisco Systems Inc. | 3.61% | 1,073,753 | $74.5M | Reduce -0.7% |
| NTRS Northern Trust Corp. | 3.44% | 559,468 | $70.9M | Add +31.7% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 3.42% | 363,058 | $70.4M | Add +0.3% |
| ENB Enbridge Inc. | 3.13% | 1,425,859 | $64.6M | Reduce -0.4% |
| MCHP Microchip Technology Inc. | 3.12% | 914,784 | $64.4M | Add +10527.1% |
| T AT&T Inc. | 3.09% | 2,199,167 | $63.6M | Reduce -24.3% |
| MO Altria Group Inc. | 3.01% | 1,057,739 | $62.0M | Reduce -1.6% |
| BLK BlackRock Inc. | 3.00% | 59,028 | $61.9M | Reduce -0.7% |
| EMR Emerson Electric Co. | 2.98% | 461,486 | $61.5M | Reduce -1.5% |
| COF Capital One Financial Corp. | 2.95% | 285,627 | $60.8M | Reduce -0.3% |
| CVX Chevron Corp. | 2.77% | 399,441 | $57.2M | Reduce -0.9% |
| CVS CVS Health Corp. | 2.71% | 808,816 | $55.8M | Reduce -0.6% |
| APD Air Products & Chemicals Inc. | 2.49% | 182,052 | $51.3M | Reduce -1.0% |
| GILD Gilead Sciences Inc. | 2.45% | 455,889 | $50.5M | Reduce -0.1% |
| EVRG Evergy Inc. | 2.31% | 692,093 | $47.7M | Reduce -0.2% |
| ABBV Abbvie Inc. | 2.23% | 248,100 | $46.1M | Add +0.0% |
| UPS United Parcel Service Class B | 2.20% | 448,485 | $45.3M | Add +21.6% |
| SRE Sempra | 2.18% | 594,426 | $45.0M | Add +0.1% |
| PEP Pepsico Inc. | 2.07% | 322,693 | $42.6M | Add +17.1% |
| JNJ Johnson & Johnson | 2.05% | 277,181 | $42.3M | Reduce -0.2% |
| HD Home Depot Inc. | 2.01% | 112,843 | $41.4M | Reduce -1.4% |
| LMT Lockheed Martin Corp. | 1.97% | 87,850 | $40.7M | Reduce -0.7% |
| GLW Corning Inc. | 1.97% | 772,161 | $40.6M | Reduce -0.9% |
| CMCSA Comcast Corp. Class A | 1.93% | 1,116,485 | $39.8M | Reduce -1.1% |
| AVGO Broadcom Inc. | 1.92% | 143,772 | $39.6M | Reduce -3.7% |
| PSX Phillips 66 | 1.91% | 330,711 | $39.5M | Reduce -1.2% |
| KVUE Kenvue Inc. | 1.89% | 1,864,647 | $39.0M | Reduce -1.1% |
| MDT Medtronic PLC | 1.76% | 415,753 | $36.2M | Reduce -0.3% |
| CRH CRH PLC | 1.71% | 384,401 | $35.3M | Reduce -1.3% |
| MSFT Microsoft Corp. | 1.69% | 69,894 | $34.8M | Reduce -1.2% |
| BMY Bristol-Myers Squibb Co. | 1.57% | 701,295 | $32.5M | Reduce -1.8% |
| MRK Merck & Co. Inc. | 1.43% | 371,524 | $29.4M | Reduce -5.6% |
| NVDA Nvidia Corp. | 1.36% | 178,088 | $28.1M | Add +0.5% |
| AAPL Apple Inc. | 1.26% | 126,301 | $25.9M | Reduce -6.8% |
| LKQ LKQ Corp. | 1.08% | 604,552 | $22.4M | Add +3.5% |
| DOW Dow Inc. | 0.96% | 749,412 | $19.8M | Reduce -1.4% |
| GOOG Alphabet Inc. Class C | 0.72% | 83,725 | $14.9M | Reduce -0.4% |
| ETN Eaton Corp. PLC | 0.64% | 37,002 | $13.2M | Reduce -0.3% |
| AMZN Amazon.com Inc. | 0.62% | 58,569 | $12.8M | Reduce -2.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.59% | 53,308 | $12.1M | Add +5.4% |
| QCOM Qualcomm Inc. | 0.50% | 64,935 | $10.3M | Reduce -1.5% |
| XOM Exxon Mobil Corp. | 0.49% | 94,010 | $10.1M | Add +0.9% |
| LLY Eli Lilly & Co. | 0.48% | 12,588 | $9.8M | Reduce -2.3% |
| ADBE Adobe Inc. | 0.37% | 19,606 | $7.6M | Reduce -0.1% |
| V Visa Inc. Class A | 0.36% | 21,139 | $7.5M | Reduce -1.2% |
| META Meta Platforms Inc. Class A | 0.36% | 9,942 | $7.3M | Reduce -1.1% |
| UNH Unitedhealth Group Inc. | 0.33% | 21,685 | $6.8M | Add +20.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.30% | 49,646 | $6.2M | Reduce -0.7% |
| WFC Wells Fargo & Co. | 0.29% | 74,669 | $6.0M | Add +26.7% |
| TMO Thermo Fisher Scientific Inc. | 0.27% | 13,489 | $5.5M | Add +22.4% |
| FERG Ferguson Enterprises Inc. | 0.26% | 24,939 | $5.4M | Reduce -0.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 18,352 | $5.4M | Reduce -87.4% |
| CRM Salesforce Inc. | 0.25% | 19,233 | $5.2M | Add +22.9% |
| TRV The Travelers Cos Inc. | 0.25% | 19,328 | $5.2M | Add +0.4% |
| DD Dupont DE Nemours Inc. | 0.25% | 74,650 | $5.1M | Reduce -1.3% |
| ORCL Oracle Corp. | 0.25% | 23,305 | $5.1M | Reduce -11.7% |
| EXPE Expedia Group Inc. | 0.24% | 29,900 | $5.0M | Add +0.3% |
| MS Morgan Stanley | 0.24% | 34,450 | $4.9M | Reduce -1.0% |
| SCHW Schwab (charles) Corp. | 0.22% | 50,667 | $4.6M | Add +27.0% |
| AZN Astrazeneca PLC-Spons ADR | 0.20% | 60,277 | $4.2M | Add +0.9% |
| BAX Baxter International Inc. | 0.20% | 138,325 | $4.2M | Add +1.7% |
| HON Honeywell International Inc. | 0.19% | 17,144 | $4.0M | Reduce -37.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.19% | 81,975 | $3.9M | Reduce -0.8% |
| GOOGL Alphabet Inc. Class A | 0.18% | 21,343 | $3.8M | Add +3.3% |
| MET Metlife Inc. | 0.18% | 46,646 | $3.8M | Reduce -7.0% |
| ULTA Ulta Beauty Inc. | 0.17% | 7,620 | $3.6M | Add +1.1% |
| TSLA Tesla Inc. | 0.16% | 10,700 | $3.4M | Add +7.3% |
| RNR Renaissancere Holdings Ltd. | 0.16% | 13,978 | $3.4M | Reduce -3.0% |
| COST Costco Wholesale Corp. | 0.15% | 3,170 | $3.1M | Add +1.8% |
| LOW Lowe's Cos Inc. | 0.15% | 13,753 | $3.1M | Add +0.0% |
| RY Royal Bank of Canada | 0.14% | 22,562 | $3.0M | No change |
| PM Philip Morris International | 0.13% | 14,814 | $2.7M | Reduce -3.2% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.12% | 25,291 | $2.4M | Reduce -0.6% |
| UBER Uber Technologies Inc. | 0.12% | 26,024 | $2.4M | New |
| SBUX Starbucks Corp. | 0.11% | 24,910 | $2.3M | Add +3.4% |
| STZ Constellation Brands Inc. Class A | 0.11% | 13,561 | $2.2M | Add +0.6% |
| TGT Target Corp. | 0.11% | 22,315 | $2.2M | Add +1.9% |
| KMI Kinder Morgan Inc. | 0.10% | 71,352 | $2.1M | Reduce -6.8% |
| TSN Tyson Foods Inc. Class A | 0.10% | 37,118 | $2.1M | Reduce -1.9% |
| RTX RTX Corp. | 0.10% | 13,537 | $2.0M | Reduce -1.0% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.09% | 57,035 | $1.9M | Add +1.2% |
| AMD Advanced Micro Devices | 0.08% | 12,053 | $1.7M | Reduce -3.5% |
| AMAT Applied Materials Inc. | 0.08% | 9,065 | $1.7M | Reduce -0.3% |
| CAT Caterpillar Inc. | 0.08% | 4,252 | $1.7M | Reduce -0.7% |
| DUK Duke Energy Corp. | 0.08% | 13,424 | $1.6M | Add +0.3% |
| AIG American International Group | 0.07% | 18,000 | $1.5M | Reduce -10.0% |
| ABT Abbott Laboratories | 0.07% | 10,732 | $1.5M | Reduce -3.5% |
| CTRA Coterra Energy Inc. | 0.07% | 57,393 | $1.5M | Add +0.5% |
| VZ Verizon Communications Inc. | 0.07% | 33,117 | $1.4M | Add +279.4% |
| NXPI NXP Semiconductors NV | 0.07% | 6,361 | $1.4M | Add +27.7% |
| SYK Stryker Corp. | 0.06% | 3,350 | $1.3M | Add +4.5% |
| GS Goldman Sachs Group Inc. | 0.06% | 1,859 | $1.3M | Reduce -4.0% |
| FNMA Fannie Mae | 0.06% | 132,300 | $1.3M | New |
| VNT Vontier Corp. | 0.06% | 33,245 | $1.2M | Add +3.4% |
| PNC PNC Financial Services Group | 0.06% | 6,451 | $1.2M | Reduce -23.0% |
| WMB Williams Cos Inc. | 0.05% | 16,530 | $1.0M | Reduce -0.6% |
| FDX FedEx Corp. | 0.05% | 4,561 | $1.0M | Reduce -0.6% |
| CXT Crane NXT Co. | 0.05% | 18,425 | $993K | Reduce -0.9% |
| PG The Procter & Gamble Co. | 0.05% | 6,233 | $993K | Reduce -4.7% |
Portfolio Sells Q1 2025 → Q2 2025
| IBM Intl Business Machines Corp. | Reduce -87.4% | 0.26% | −1.58 |
| T AT&T Inc. | Reduce -24.3% | 3.09% | −1.10 |
| CVX Chevron Corp. | Reduce -0.9% | 2.77% | −0.67 |
| BMY Bristol-Myers Squibb Co. | Reduce -1.8% | 1.57% | −0.65 |
| KVUE Kenvue Inc. | Reduce -1.1% | 1.89% | −0.41 |
| DOW Dow Inc. | Reduce -1.4% | 0.96% | −0.39 |
| MRK Merck & Co. Inc. | Reduce -5.6% | 1.43% | −0.38 |
| JNJ Johnson & Johnson | Reduce -0.2% | 2.05% | −0.30 |
| MO Altria Group Inc. | Reduce -1.6% | 3.01% | −0.29 |
| AAPL Apple Inc. | Reduce -6.8% | 1.26% | −0.28 |
| APD Air Products & Chemicals Inc. | Reduce -1.0% | 2.49% | −0.28 |
| PSX Phillips 66 | Reduce -1.2% | 1.91% | −0.20 |
| CMCSA Comcast Corp. Class A | Reduce -1.1% | 1.93% | −0.19 |
| GILD Gilead Sciences Inc. | Reduce -0.1% | 2.45% | −0.16 |
| MDT Medtronic PLC | Reduce -0.3% | 1.76% | −0.15 |
| HD Home Depot Inc. | Reduce -1.4% | 2.01% | −0.13 |
| EVRG Evergy Inc. | Reduce -0.2% | 2.31% | −0.13 |
| CVS CVS Health Corp. | Reduce -0.6% | 2.71% | −0.11 |
| HON Honeywell International Inc. | Reduce -37.6% | 0.19% | −0.10 |
| ENB Enbridge Inc. | Reduce -0.4% | 3.13% | −0.10 |
| LLY Eli Lilly & Co. | Reduce -2.3% | 0.48% | −0.07 |
| LMT Lockheed Martin Corp. | Reduce -0.7% | 1.97% | −0.04 |
| DD Dupont DE Nemours Inc. | Reduce -1.3% | 0.25% | −0.04 |
| CRH CRH PLC | Reduce -1.3% | 1.71% | −0.04 |
| MET Metlife Inc. | Reduce -7.0% | 0.18% | −0.02 |
| TSN Tyson Foods Inc. Class A | Reduce -1.9% | 0.10% | −0.02 |
| V Visa Inc. Class A | Reduce -1.2% | 0.36% | −0.02 |
| PNC PNC Financial Services Group | Reduce -23.0% | 0.06% | −0.02 |
| ADBE Adobe Inc. | Reduce -0.1% | 0.37% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -1.5% | 0.50% | −0.02 |
| OMC Omnicom Group | Sold out | 0.00% | −0.01 |
| AIG American International Group | Reduce -10.0% | 0.07% | −0.01 |
| OKE Oneok Inc. | Sold out | 0.00% | −0.01 |
| EPD Enterprise Products Partners | Sold out | 0.00% | −0.01 |
| RNR Renaissancere Holdings Ltd. | Reduce -3.0% | 0.16% | −0.01 |
| IFF Intl Flavors & Fragrances | Sold out | 0.00% | −0.01 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −0.01 |
| AMGN Amgen Inc. | Reduce -5.5% | 0.04% | −0.01 |
| KMI Kinder Morgan Inc. | Reduce -6.8% | 0.10% | −0.01 |
| BAESY Bae Systems PLC -Spon ADR | Reduce -39.7% | 0.03% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -4.7% | 0.05% | −0.01 |
| MCD McDonald's Corp. | Reduce -4.0% | 0.05% | −0.01 |
| GPC Genuine Parts Co. | Reduce -34.9% | 0.01% | −0.01 |
| GIS General Mills Inc. | Reduce -16.8% | 0.02% | −0.01 |
| FDX FedEx Corp. | Reduce -0.6% | 0.05% | −0.01 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -3.3% | 0.04% | −0.01 |
| WBD Warner Bros Discovery Inc. | Sold out | 0.00% | −0.01 |
| BX Blackstone Inc. | Reduce -23.1% | 0.02% | −0.01 |
| ABT Abbott Laboratories | Reduce -3.5% | 0.07% | −0.00 |
| GE General Electric | Reduce -32.1% | 0.01% | −0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| MCHP Microchip Technology Inc. | Add +10527.1% | 3.12% | +3.10 |
| NTRS Northern Trust Corp. | Add +31.7% | 3.44% | +1.30 |
| NVDA Nvidia Corp. | Add +0.5% | 1.36% | +0.38 |
| TSM Taiwan Semiconductor-SP ADR | Add +5.4% | 0.59% | +0.16 |
| UPS United Parcel Service Class B | Add +21.6% | 2.20% | +0.13 |
| UBER Uber Technologies Inc. | New | 0.12% | +0.12 |
| MTB M & T Bank Corp. | Add +0.3% | 3.42% | +0.11 |
| WFC Wells Fargo & Co. | Add +26.7% | 0.29% | +0.07 |
| SCHW Schwab (charles) Corp. | Add +27.0% | 0.22% | +0.06 |
| FNMA Fannie Mae | New | 0.06% | +0.06 |
| VZ Verizon Communications Inc. | Add +279.4% | 0.07% | +0.05 |
| PYPL PayPal Holdings Inc. | New | 0.04% | +0.04 |
| CRM Salesforce Inc. | Add +22.9% | 0.25% | +0.04 |
| FMCC Freddie Mac | New | 0.04% | +0.04 |
| TSLA Tesla Inc. | Add +7.3% | 0.16% | +0.03 |
| ULTA Ulta Beauty Inc. | Add +1.1% | 0.17% | +0.03 |
| CABGY Carlsberg As-B-Spon ADR | New | 0.03% | +0.03 |
| SRE Sempra | Add +0.1% | 2.18% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +3.3% | 0.18% | +0.02 |
| NXPI NXP Semiconductors NV | Add +27.7% | 0.07% | +0.02 |
| SHOP Shopify Inc. Class A | New | 0.02% | +0.02 |
| CEG Constellation Energy | New | 0.01% | +0.01 |
| AKZOY Akzo Nobel NV-Spon ADR | New | 0.01% | +0.01 |
| DSFIY DSM-Firmenich AG-SP ADR | New | 0.01% | +0.01 |
| KO The Coca-Cola Co. | New | 0.01% | +0.01 |
| NFLX Netflix Inc. | Add +14.6% | 0.03% | +0.01 |
| SYF Synchrony Financial | New | 0.01% | +0.01 |
| PFE Pfizer Inc. | Add +62.7% | 0.03% | +0.01 |
| BCS Barclays PLC-Spons ADR | Add +13.7% | 0.03% | +0.01 |
| HAS Hasbro Inc. | Add +1.3% | 0.05% | +0.01 |
| VNT Vontier Corp. | Add +3.4% | 0.06% | +0.01 |
| ENLAY Enel SPA - Unspon ADR | Add +13.5% | 0.03% | +0.01 |
| ABBNY Abb Ltd.-Spon ADR | Add +13.9% | 0.03% | +0.01 |
| ORANY Orange-Spon ADR | Add +13.1% | 0.02% | +0.01 |
| AXAHY AXA -Spons ADR | Add +14.0% | 0.03% | +0.00 |
| BBVA Banco Bilbao Vizcaya-SP ADR | Add +13.4% | 0.02% | +0.00 |
| ADRNY Koninklijke Ahold-SP ADR | Add +13.9% | 0.02% | +0.00 |
| VOD Vodafone Group PLC-SP ADR | Add +10.7% | 0.03% | +0.00 |
| BTI British American Tob-SP ADR | Add +13.5% | 0.02% | +0.00 |
| NGG National Grid PLC-SP ADR | Add +13.7% | 0.02% | +0.00 |
| BNPQY BNP Paribas-ADR | Add +13.7% | 0.03% | +0.00 |
| ERIC Ericsson (lm) Tel-SP ADR | Add +13.7% | 0.02% | +0.00 |
| SYK Stryker Corp. | Add +4.5% | 0.06% | +0.00 |
| NVS Novartis AG-Sponsored ADR | Add +12.2% | 0.02% | +0.00 |
| SBGSY Schneider Elect SE-Unsp ADR | Add +11.3% | 0.02% | +0.00 |
| ALIZY Allianz SE - Unsp ADR | Add +12.9% | 0.03% | +0.00 |
| MUFG Mitsubishi Ufj Finl-Spon ADR | Add +13.5% | 0.03% | +0.00 |
| KMTUY Komatsu Ltd. -Spons ADR | Add +13.9% | 0.01% | +0.00 |
| IMBBY Imperial Brands PLC-Spon ADR | Add +13.7% | 0.02% | +0.00 |
| NMR Nomura Holdings Inc.-Spon ADR | Add +13.3% | 0.02% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 181 | $2.4B | NTRS, CSCO, JPM, MTB, CVS |
| Q1 2026 | 172 | $2.3B | CTRA, CVX, CSCO, NTRS, JPM |
| Q4 2025 | 173 | $2.2B | JPM, CSCO, NTRS, MTB, COF |
| Q3 2025 | 167 | $2.2B | JPM, NTRS, CSCO, ENB, MTB |
| Q2 2025 | 170 | $2.1B | JPM, CSCO, NTRS, MTB, ENB |
| Q1 2025 | 165 | $2.0B | T, CVX, JPM, CSCO, MTB |
| Q4 2024 | 163 | $1.9B | JPM, MTB, AVGO, T, CSCO |
| Q3 2024 | 153 | $1.8B | JPM, AVGO, ABBV, T, MTB |
| Q2 2024 | 153 | $1.8B | JPM, AVGO, ABBV, T, MTB |
| Q1 2024 | 148 | $1.8B | JPM, AVGO, ABBV, PSX, ENB |