Spring Capital Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 10, 2024), Spring Capital Management, LLC reported 32 stock positions worth $132.7 million. Its top holding was Apple (AAPL) at 7.9% of the portfolio, followed by Eaton (ETN, 7.5%) and Qualcomm (QCOM, 6.3%). Compared with Q4 2023, it opened 5 new positions, sold out of 1, added to 1 and reduced 23. The biggest buy was a new position in Phillips 66 (PSX) and the biggest sale Apple (AAPL, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- AMARILLO, TX
- CIK
- 0001899146
- Portfolio Value
- $132.7M (Q1 2024)
- SEC Filing
- 0001754960-24-000125 ↗ filed Apr 10, 2024
Holdings Value
Holdings 32 stocks · $132.7M
| AAPL Apple Inc. | 7.93% | 61,425 | $10.5M | Reduce -3.3% |
| ETN Eaton Corp. PLC | 7.45% | 31,631 | $9.9M | Reduce -4.8% |
| QCOM Qualcomm Inc. | 6.32% | 49,584 | $8.4M | Reduce -5.5% |
| BRO Brown & Brown Inc. | 6.06% | 91,875 | $8.0M | Reduce -4.6% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 5.88% | 7,668 | $7.8M | Reduce -5.3% |
| ORCL Oracle Corp. | 5.75% | 60,766 | $7.6M | Reduce -4.9% |
| DE Deere & Co. | 5.58% | 18,018 | $7.4M | Reduce -4.7% |
| JNJ Johnson & Johnson | 4.62% | 38,787 | $6.1M | Reduce -5.1% |
| V Visa Inc. Class A | 4.25% | 20,227 | $5.6M | Reduce -5.4% |
| WMT Walmart Inc. | 3.84% | 84,759 | $5.1M | Reduce -5.4% |
| MCD McDonald's Corp. | 3.65% | 17,202 | $4.9M | Reduce -1.9% |
| ADP Automatic Data Processing | 3.64% | 19,345 | $4.8M | Reduce -5.3% |
| CVX Chevron Corp. | 3.53% | 29,681 | $4.7M | Reduce -7.5% |
| LHX L3HARRIS Technologies Inc. | 3.51% | 21,864 | $4.7M | Reduce -5.5% |
| NEE Nextera Energy Inc. | 3.46% | 71,963 | $4.6M | Reduce -1.7% |
| KR Kroger Co. | 3.41% | 79,307 | $4.5M | Reduce -1.4% |
| APD Air Products & Chemicals Inc. | 3.24% | 17,757 | $4.3M | Add +0.4% |
| MKC McCormick & Co.-Non VTG SHRS | 3.15% | 54,471 | $4.2M | Reduce -1.6% |
| PEP Pepsico Inc. | 3.10% | 23,545 | $4.1M | Reduce -1.6% |
| VZ Verizon Communications Inc. | 2.32% | 73,446 | $3.1M | Reduce -1.4% |
| KMB Kimberly-Clark Corp. | 2.21% | 22,705 | $2.9M | Reduce -2.3% |
| MMM 3M Co. | 1.85% | 23,141 | $2.5M | Reduce -2.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.54% | 3,900 | $2.0M | Reduce -19.3% |
| MTDR Matador Resources Co. | 1.35% | 26,827 | $1.8M | Reduce -17.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.70% | 18,490 | $926K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.48% | 16,743 | $635K | No change |
| CAT Caterpillar Inc. | 0.31% | 1,120 | $410K | No change |
| PSX Phillips 66 | 0.21% | 1,705 | $278K | New |
| COP Conocophillips | 0.18% | 1,852 | $236K | New |
| FAST Fastenal Co. | 0.16% | 2,791 | $215K | New |
| MSFT Microsoft Corp. | 0.15% | 489 | $206K | New |
| SNA Snap-on Inc. | 0.15% | 678 | $201K | New |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -3.3% | 7.93% | −1.66 |
| XSD SS SPDR S&P Semiconductor | Sold out | 0.00% | −0.46 |
| MCD McDonald's Corp. | Reduce -1.9% | 3.65% | −0.42 |
| JNJ Johnson & Johnson | Reduce -5.1% | 4.62% | −0.40 |
| DE Deere & Co. | Reduce -4.7% | 5.58% | −0.35 |
| LHX L3HARRIS Technologies Inc. | Reduce -5.5% | 3.51% | −0.31 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -19.3% | 1.54% | −0.27 |
| CVX Chevron Corp. | Reduce -7.5% | 3.53% | −0.23 |
| MMM 3M Co. | Reduce -2.2% | 1.85% | −0.18 |
| V Visa Inc. Class A | Reduce -5.4% | 4.25% | −0.11 |
| MTDR Matador Resources Co. | Reduce -17.2% | 1.35% | −0.10 |
| ADP Automatic Data Processing | Reduce -5.3% | 3.64% | −0.10 |
| PEP Pepsico Inc. | Reduce -1.6% | 3.10% | −0.08 |
| NEE Nextera Energy Inc. | Reduce -1.7% | 3.46% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -2.3% | 2.21% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -1.4% | 2.32% | +0.12 |
| WMT Walmart Inc. | Reduce -5.4% | 3.84% | +0.15 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -1.6% | 3.15% | +0.18 |
| QCOM Qualcomm Inc. | Reduce -5.5% | 6.32% | +0.37 |
| ORCL Oracle Corp. | Reduce -4.9% | 5.75% | +0.47 |
| KR Kroger Co. | Reduce -1.4% | 3.41% | +0.53 |
| GWW WW Grainger Inc. | Reduce -5.3% | 5.88% | +0.62 |
| BRO Brown & Brown Inc. | Reduce -4.6% | 6.06% | +0.69 |
| ETN Eaton Corp. PLC | Reduce -4.8% | 7.45% | +1.18 |
Portfolio Buys Q4 2023 → Q1 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 55 | $205.3M | AAPL, ETN, DE, JNJ, GWW |
| Q1 2026 | 49 | $197.8M | AAPL, ETN, JNJ, WMT, DE |
| Q4 2025 | 49 | $197.5M | AAPL, ORCL, ETN, WMT, QCOM |
| Q3 2025 | 49 | $204.2M | ORCL, AAPL, ETN, QCOM, BRO |
| Q2 2025 | 51 | $189.7M | ORCL, AAPL, ETN, BRO, DE |
| Q1 2025 | 50 | $183.2M | AAPL, BRO, ETN, DE, QCOM |
| Q4 2024 | 45 | $167.5M | AAPL, ETN, ORCL, BRO, QCOM |
| Q3 2024 | 27 | $123.3M | WMT, AAPL, DE, ETN, ORCL |
| Q2 2024 | 27 | $126.7M | AAPL, DE, ORCL, ETN, BRO |
| Q1 2024 | 32 | $132.7M | AAPL, ETN, QCOM, BRO, GWW |