Spring Capital Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 22, 2024), Spring Capital Management, LLC reported 27 stock positions worth $123.3 million. Its top holding was Walmart (WMT) at 11.0% of the portfolio, followed by Apple (AAPL, 8.3%) and Deere (DE, 5.7%). Compared with Q2 2024, it opened 3 new positions, sold out of 3, added to 10 and reduced 12. The biggest buy was Walmart (WMT, shares +189%) and the biggest sale an exit from Kellanova (K).
- Most Recent 13F
- Q2 2026
- Location
- AMARILLO, TX
- CIK
- 0001899146
- Portfolio Value
- $123.3M (Q3 2024)
- SEC Filing
- 0001754960-24-000528 ↗ filed Oct 22, 2024
Holdings Value
Holdings 27 stocks · $123.3M
| WMT Walmart Inc. | 10.96% | 84,476 | $13.5M | Add +189.5% |
| AAPL Apple Inc. | 8.30% | 59,779 | $10.2M | Reduce -8.4% |
| DE Deere & Co. | 5.67% | 18,514 | $7.0M | Reduce -1.5% |
| ETN Eaton Corp. PLC | 5.43% | 31,419 | $6.7M | Reduce -8.6% |
| ORCL Oracle Corp. | 5.23% | 60,834 | $6.4M | Reduce -3.0% |
| BRO Brown & Brown Inc. | 5.10% | 90,070 | $6.3M | Reduce -9.9% |
| JNJ Johnson & Johnson | 5.08% | 40,241 | $6.3M | Add +0.8% |
| QCOM Qualcomm Inc. | 4.67% | 51,822 | $5.8M | Reduce -2.4% |
| CVX Chevron Corp. | 4.33% | 31,628 | $5.3M | Add +1.0% |
| APD Air Products & Chemicals Inc. | 4.25% | 18,494 | $5.2M | Add +6.2% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 4.25% | 7,574 | $5.2M | Reduce -10.3% |
| ADP Automatic Data Processing | 3.96% | 20,274 | $4.9M | Reduce -3.0% |
| V Visa Inc. Class A | 3.91% | 20,944 | $4.8M | Reduce -4.7% |
| MCD McDonald's Corp. | 3.86% | 18,045 | $4.8M | Add +4.1% |
| MKC McCormick & Co.-Non VTG SHRS | 3.55% | 57,876 | $4.4M | Add +15.7% |
| PEP Pepsico Inc. | 3.42% | 24,865 | $4.2M | Add +7.0% |
| NEE Nextera Energy Inc. | 3.36% | 72,299 | $4.1M | Add +8.0% |
| LHX L3HARRIS Technologies Inc. | 3.10% | 21,963 | $3.8M | Reduce -6.6% |
| KR Kroger Co. | 2.96% | 81,464 | $3.6M | New |
| KMB Kimberly-Clark Corp. | 2.44% | 24,927 | $3.0M | Add +4.6% |
| VZ Verizon Communications Inc. | 2.12% | 80,706 | $2.6M | Add +17.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.35% | 3,900 | $1.7M | Reduce -15.0% |
| MTDR Matador Resources Co. | 1.29% | 26,827 | $1.6M | Reduce -62.5% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.62% | 18,490 | $763K | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.37% | 16,743 | $458K | No change |
| CAT Caterpillar Inc. | 0.25% | 1,120 | $306K | No change |
| COP Conocophillips | 0.18% | 1,852 | $222K | New |
Portfolio Sells Q2 2024 → Q3 2024
| K Kellanova | Sold out | 0.00% | −2.01 |
| MMM 3M Co. | Sold out | 0.00% | −1.69 |
| AAPL Apple Inc. | Reduce -8.4% | 8.30% | −1.69 |
| MTDR Matador Resources Co. | Reduce -62.5% | 1.29% | −1.66 |
| GWW WW Grainger Inc. | Reduce -10.3% | 4.25% | −1.00 |
| ORCL Oracle Corp. | Reduce -3.0% | 5.23% | −0.67 |
| LHX L3HARRIS Technologies Inc. | Reduce -6.6% | 3.10% | −0.53 |
| XSD SS SPDR S&P Semiconductor | Sold out | 0.00% | −0.45 |
| DE Deere & Co. | Reduce -1.5% | 5.67% | −0.34 |
| BRO Brown & Brown Inc. | Reduce -9.9% | 5.10% | −0.33 |
| QCOM Qualcomm Inc. | Reduce -2.4% | 4.67% | −0.32 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -15.0% | 1.35% | −0.25 |
| V Visa Inc. Class A | Reduce -4.7% | 3.91% | −0.21 |
| ETN Eaton Corp. PLC | Reduce -8.6% | 5.43% | −0.02 |
| ADP Automatic Data Processing | Reduce -3.0% | 3.96% | +0.33 |
Portfolio Buys Q2 2024 → Q3 2024
| WMT Walmart Inc. | Add +189.5% | 10.96% | +7.34 |
| KR Kroger Co. | New | 2.96% | +2.96 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 0.62% | +0.62 |
| CVX Chevron Corp. | Add +1.0% | 4.33% | +0.44 |
| COP Conocophillips | New | 0.18% | +0.18 |
| APD Air Products & Chemicals Inc. | Add +6.2% | 4.25% | +0.14 |
| MKC McCormick & Co.-Non VTG SHRS | Add +15.7% | 3.55% | +0.11 |
| VZ Verizon Communications Inc. | Add +17.0% | 2.12% | +0.10 |
| PEP Pepsico Inc. | Add +7.0% | 3.42% | +0.02 |
| JNJ Johnson & Johnson | Add +0.8% | 5.08% | −0.13 |
| KMB Kimberly-Clark Corp. | Add +4.6% | 2.44% | −0.15 |
| MCD McDonald's Corp. | Add +4.1% | 3.86% | −0.22 |
| NEE Nextera Energy Inc. | Add +8.0% | 3.36% | −0.56 |
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 |