Round Hill Asset Management
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Round Hill Asset Management reported 61 stock positions worth $148.1 million. Its top holding was S&P Global (SPGI) at 9.6% of the portfolio, followed by Amgen (AMGN, 8.0%) and Walt Disney (DIS, 6.9%). Compared with Q1 2025, it opened 2 new positions, sold out of 3, added to 10 and reduced 31. The biggest buy was a new position in Capital One Financial (COF) and the biggest sale an exit from Discover Financial Services (DFS).
- Most Recent 13F
- Q2 2026
- Location
- PASADENA, CA
- CIK
- 0001696438
- Portfolio Value
- $148.1M (Q2 2025)
- SEC Filing
- 0001696438-25-000006 ↗ filed Aug 13, 2025
Holdings Value
Holdings 61 stocks · $148.1M
| SPGI S&P Global Inc. | 9.64% | 27,072 | $14.3M | Reduce -0.8% |
| AMGN Amgen Inc. | 7.98% | 42,323 | $11.8M | Reduce -2.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 6.87% | 82,091 | $10.2M | Reduce -1.6% |
| CMCSA Comcast Corp. Class A | 6.06% | 251,316 | $9.0M | Reduce -1.8% |
| NDAQ Nasdaq Inc. | 5.39% | 89,307 | $8.0M | No change |
| PFE Pfizer Inc. | 4.05% | 247,646 | $6.0M | Add +35.1% |
| MRK Merck & Co. Inc. | 4.02% | 75,265 | $6.0M | Reduce -1.4% |
| SYF Synchrony Financial | 3.43% | 76,120 | $5.1M | Add +16.9% |
| MDT Medtronic PLC | 2.93% | 49,725 | $4.3M | Reduce -1.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 2.66% | 57,039 | $3.9M | Reduce -1.0% |
| MSFT Microsoft Corp. | 2.58% | 7,681 | $3.8M | Add +2.6% |
| CHTR Charter Communications Inc. Class A | 2.37% | 8,593 | $3.5M | Reduce -1.5% |
| T AT&T Inc. | 2.29% | 116,962 | $3.4M | Reduce -2.3% |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 2.07% | 55,731 | $3.1M | Reduce -0.8% |
| GRMN Garmin Ltd. | 2.06% | 14,594 | $3.0M | No change |
| BZH Beazer Homes USA Inc. | 2.04% | 135,203 | $3.0M | Add +109.6% |
| GOOGL Alphabet Inc. Class A | 1.97% | 16,539 | $2.9M | Add +48.0% |
| ABBV Abbvie Inc. | 1.96% | 15,638 | $2.9M | Reduce -0.7% |
| C Citigroup Inc. | 1.93% | 33,495 | $2.9M | Reduce -0.7% |
| COF Capital One Financial Corp. | 1.65% | 11,484 | $2.4M | New |
| MHO M/I Homes Inc. | 1.62% | 21,432 | $2.4M | Reduce -0.5% |
| WFC Wells Fargo & Co. | 1.54% | 28,442 | $2.3M | Reduce -1.9% |
| BMY Bristol-Myers Squibb Co. | 1.43% | 45,717 | $2.1M | Add +191.2% |
| PII Polaris Inc. | 1.26% | 45,916 | $1.9M | Add +22.3% |
| FSFG First Savings Financial Grp | 1.16% | 68,821 | $1.7M | No change |
| MCO Moody's Corp. | 1.12% | 3,299 | $1.7M | No change |
| ZBH Zimmer Biomet Holdings Inc. | 1.04% | 16,849 | $1.5M | Reduce -0.3% |
| ICE Intercontinental Exchange Inc. | 1.03% | 8,297 | $1.5M | Reduce -3.3% |
| FLG Flagstar Bank NA | 1.01% | 141,639 | $1.5M | Reduce -2.1% |
| BUD Anheuser-Busch Inbev-SPN ADR | 0.96% | 20,614 | $1.4M | Reduce -20.1% |
| WHR Whirlpool Corp. | 0.95% | 13,874 | $1.4M | Reduce -2.1% |
| RMNI Rimini Street Inc. | 0.94% | 368,363 | $1.4M | Reduce -3.6% |
| V Visa Inc. Class A | 0.87% | 3,636 | $1.3M | No change |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.87% | 13,051 | $1.3M | Add +99.7% |
| WSM Williams-Sonoma Inc. | 0.79% | 7,147 | $1.2M | Reduce -2.7% |
| META Meta Platforms Inc. Class A | 0.74% | 1,482 | $1.1M | Add +162.8% |
| IOSP Innospec Inc. | 0.68% | 11,974 | $1.0M | No change |
| KHC The Kraft Heinz Co. | 0.67% | 38,504 | $994K | Add +15.9% |
| HTB Hometrust Bancshares Inc. | 0.66% | 26,066 | $975K | No change |
| MBWM Mercantile Bank Corp. | 0.58% | 18,607 | $864K | No change |
| MA Mastercard Inc. Class A | 0.56% | 1,470 | $826K | No change |
| SCI Service Corp. International | 0.56% | 10,105 | $823K | No change |
| PARAA Paramount Global Class B | 0.52% | 59,953 | $773K | Reduce -4.2% |
| DLX Deluxe Corp. | 0.50% | 46,823 | $745K | Reduce -1.7% |
| BFIN Bankfinancial Corp. | 0.45% | 57,356 | $664K | No change |
| ATKR Atkore Inc. | 0.43% | 9,096 | $642K | Reduce -1.9% |
| AAPL Apple Inc. | 0.41% | 2,955 | $606K | New |
| BHC Bausch Health Cos Inc. | 0.33% | 74,087 | $493K | Reduce -3.7% |
| TGNA Tegna Inc. | 0.30% | 26,488 | $444K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.28% | 8,874 | $420K | Reduce -2.5% |
| NVS Novartis AG-Sponsored ADR | 0.28% | 3,392 | $410K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.24% | 735 | $357K | Reduce -21.4% |
| CME Cme Group Inc. | 0.23% | 1,219 | $336K | No change |
| NATR Natures Sunshine Prods Inc. | 0.21% | 21,423 | $317K | Reduce -0.8% |
| TCBK Trico Bancshares | 0.18% | 6,674 | $270K | No change |
| IDCC Interdigital Inc. | 0.16% | 1,058 | $237K | Reduce -1.9% |
| BLFY Blue Foundry Bancorp | 0.16% | 24,683 | $236K | Reduce -1.2% |
| VTRS Viatris Inc. | 0.10% | 16,540 | $148K | Reduce -0.7% |
| GYRO Gyrodyne LLC | 0.09% | 15,188 | $131K | No change |
| OGN Organon & Co. | 0.09% | 13,366 | $129K | No change |
| PTEN Patterson-Uti Energy Inc. | 0.06% | 16,134 | $96K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| DFS Discover Financial Services | Sold out | 0.00% | −1.72 |
| AMGN Amgen Inc. | Reduce -2.1% | 7.98% | −1.71 |
| MRK Merck & Co. Inc. | Reduce -1.4% | 4.02% | −0.90 |
| CMCSA Comcast Corp. Class A | Reduce -1.8% | 6.06% | −0.73 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.61 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.43 |
| ABBV Abbvie Inc. | Reduce -0.7% | 1.96% | −0.41 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -0.3% | 1.04% | −0.34 |
| MDT Medtronic PLC | Reduce -1.4% | 2.93% | −0.33 |
| SPGI S&P Global Inc. | Reduce -0.8% | 9.64% | −0.33 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -1.0% | 2.66% | −0.22 |
| FLG Flagstar Bank NA | Reduce -2.1% | 1.01% | −0.20 |
| BUD Anheuser-Busch Inbev-SPN ADR | Reduce -20.1% | 0.96% | −0.19 |
| HRB H&R Block Inc. | Reduce -0.8% | 2.07% | −0.15 |
| T AT&T Inc. | Reduce -2.3% | 2.29% | −0.15 |
| MHO M/I Homes Inc. | Reduce -0.5% | 1.62% | −0.15 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -21.4% | 0.24% | −0.12 |
| WSM Williams-Sonoma Inc. | Reduce -2.7% | 0.79% | −0.05 |
| DLX Deluxe Corp. | Reduce -1.7% | 0.50% | −0.04 |
| ICE Intercontinental Exchange Inc. | Reduce -3.3% | 1.03% | −0.04 |
| BHC Bausch Health Cos Inc. | Reduce -3.7% | 0.33% | −0.02 |
| RMNI Rimini Street Inc. | Reduce -3.6% | 0.94% | −0.02 |
| PARAA Paramount Global Class B | Reduce -4.2% | 0.52% | −0.02 |
| BLFY Blue Foundry Bancorp | Reduce -1.2% | 0.16% | −0.01 |
| VTRS Viatris Inc. | Reduce -0.7% | 0.10% | −0.00 |
| IDCC Interdigital Inc. | Reduce -1.9% | 0.16% | −0.00 |
| BAC Bank of America Corp. | Reduce -2.5% | 0.28% | +0.01 |
| NATR Natures Sunshine Prods Inc. | Reduce -0.8% | 0.21% | +0.02 |
| WHR Whirlpool Corp. | Reduce -2.1% | 0.95% | +0.03 |
| ATKR Atkore Inc. | Reduce -1.9% | 0.43% | +0.03 |
| WFC Wells Fargo & Co. | Reduce -1.9% | 1.54% | +0.04 |
| CHTR Charter Communications Inc. Class A | Reduce -1.5% | 2.37% | +0.06 |
| C Citigroup Inc. | Reduce -0.7% | 1.93% | +0.20 |
| DIS The Walt Disney Co. | Reduce -1.6% | 6.87% | +0.95 |
Portfolio Buys Q1 2025 → Q2 2025
| COF Capital One Financial Corp. | New | 1.65% | +1.65 |
| BZH Beazer Homes USA Inc. | Add +109.6% | 2.04% | +1.10 |
| SYF Synchrony Financial | Add +16.9% | 3.43% | +0.95 |
| BMY Bristol-Myers Squibb Co. | Add +191.2% | 1.43% | +0.74 |
| GOOGL Alphabet Inc. Class A | Add +48.0% | 1.97% | +0.73 |
| PFE Pfizer Inc. | Add +35.1% | 4.05% | +0.71 |
| MSFT Microsoft Corp. | Add +2.6% | 2.58% | +0.56 |
| META Meta Platforms Inc. Class A | Add +162.8% | 0.74% | +0.50 |
| AAPL Apple Inc. | New | 0.41% | +0.41 |
| SJM The JM Smucker Co. | Add +99.7% | 0.87% | +0.31 |
| PII Polaris Inc. | Add +22.3% | 1.26% | +0.16 |
| KHC The Kraft Heinz Co. | Add +15.9% | 0.67% | −0.06 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 62 | $159.3M | AMGN, SPGI, MRK, DIS, CMCSA |
| Q1 2026 | 62 | $152.7M | AMGN, SPGI, MRK, CMCSA, DIS |
| Q4 2025 | 63 | $158.7M | AMGN, SPGI, DIS, NDAQ, CMCSA |
| Q3 2025 | 63 | $151.9M | SPGI, AMGN, DIS, CMCSA, NDAQ |
| Q2 2025 | 61 | $148.1M | SPGI, AMGN, DIS, CMCSA, NDAQ |
| Q1 2025 | 62 | $139.1M | SPGI, AMGN, CMCSA, DIS, MRK |
| Q4 2024 | 61 | $141.8M | SPGI, AMGN, CMCSA, DIS, MRK |
| Q3 2024 | 60 | $151.1M | SPGI, AMGN, CMCSA, MRK, DIS |
| Q2 2024 | 62 | $156.8M | SPGI, AMGN, CMCSA, MCO, MRK |
| Q1 2024 | 60 | $165.2M | SPGI, AMGN, CMCSA, MCO, DIS |