Spring Capital Management, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 11, 2025), Spring Capital Management, LLC reported 51 stock positions worth $189.7 million. Its top holding was Oracle (ORCL) at 7.3% of the portfolio, followed by Apple (AAPL, 7.1%) and Eaton (ETN, 6.3%). Compared with Q1 2025, it opened 3 new positions, sold out of 2, added to 8 and reduced 16. The biggest buy was a new position in Broadcom (AVGO) and the biggest sale Brown & Brown (BRO, shares −1%).

Most Recent 13F
Q2 2026
Location
AMARILLO, TX
CIK
0001899146
Portfolio Value
$189.7M (Q2 2025)
SEC Filing
0001754960-25-000357 ↗ filed Jul 11, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $132.7M Q1 2024 Q2 2024: $126.7M Q2 2024 Q3 2024: $123.3M Q3 2024 Q4 2024: $167.5M Q4 2024 Q1 2025: $183.2M Q1 2025 Q2 2025: $189.7M $189.7M Q2 2025 Q3 2025: $204.2M Q3 2025 Q4 2025: $197.5M Q4 2025 Q1 2026: $197.8M Q1 2026 Q2 2026: $205.3M Q2 2026

Holdings 51 stocks · $189.7M
ORCL Oracle Corp. 7.28% 63,145 $13.8M Reduce -0.3%
AAPL Apple Inc. 7.06% 65,283 $13.4M Add +1.3%
ETN Eaton Corp. PLC 6.32% 33,595 $12.0M Reduce -0.0%
BRO Brown & Brown Inc. 5.60% 95,745 $10.6M Reduce -0.5%
DE Deere & Co. 5.09% 18,977 $9.6M Reduce -0.5%
QCOM Qualcomm Inc. 4.86% 57,844 $9.2M Add +0.0%
GWW WW Grainger Inc. filed as GRAINGER W W INC 4.52% 8,235 $8.6M Reduce -0.1%
WMT Walmart Inc. 4.51% 87,493 $8.6M Reduce -0.6%
V Visa Inc. Class A 4.38% 23,383 $8.3M Reduce -0.3%
JNJ Johnson & Johnson 3.61% 44,892 $6.9M Reduce -0.4%
LHX L3HARRIS Technologies Inc. 3.52% 26,655 $6.7M Reduce -0.3%
ADP Automatic Data Processing 3.43% 21,090 $6.5M Reduce -0.3%
KR Kroger Co. 3.13% 82,681 $5.9M Reduce -0.5%
NEE Nextera Energy Inc. 3.01% 82,294 $5.7M Add +0.2%
MCD McDonald's Corp. 2.88% 18,718 $5.5M Reduce -0.3%
APD Air Products & Chemicals Inc. 2.87% 19,284 $5.4M Add +2.3%
CVX Chevron Corp. 2.72% 36,049 $5.2M Add +1.9%
MKC McCormick & Co.-Non VTG SHRS 2.43% 60,845 $4.6M Reduce -0.4%
TPL Texas Pacific Land Corp. 2.10% 3,780 $4.0M No change
PEP Pepsico Inc. 1.95% 28,033 $3.7M Add +0.6%
VZ Verizon Communications Inc. 1.94% 85,037 $3.7M Reduce -0.7%
MDT Medtronic PLC 1.78% 38,700 $3.4M Reduce -0.8%
KMB Kimberly-Clark Corp. 1.76% 25,891 $3.3M Reduce -0.4%
NVDA Nvidia Corp. 1.70% 20,470 $3.2M No change
SPY SS SPDR S&P 500 ETF Trust-US 1.30% 4,004 $2.5M No change
MTDR Matador Resources Co. 1.28% 50,827 $2.4M No change
XOM Exxon Mobil Corp. 1.06% 18,629 $2.0M No change
TIP iShares Tips Bond ETF 0.83% 14,386 $1.6M Add +1.4%
MSFT Microsoft Corp. 0.79% 3,024 $1.5M No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.68% 2,920 $1.3M No change
BIV Vanguard Intermediate-Term B 0.67% 16,370 $1.3M Add +0.9%
SPYV SS SPDR P S&P 500 Value ETF 0.51% 18,490 $968K No change
TSCO Tractor Supply Company 0.50% 18,000 $950K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.45% 18,005 $852K No change
GOOG Alphabet Inc. Class C 0.44% 4,670 $828K No change
OKE Oneok Inc. 0.34% 7,824 $639K No change
FANG Diamondback Energy Inc. 0.30% 4,160 $572K No change
ET Energy Transfer LP 0.28% 29,000 $526K No change
TRN Trinity Industries Inc. 0.26% 18,000 $486K No change
CAT Caterpillar Inc. 0.23% 1,120 $435K No change
HON Honeywell International Inc. 0.22% 1,781 $415K No change
AMZN Amazon.com Inc. 0.21% 1,780 $391K No change
PLTR Palantir Technologies Inc. Class A 0.18% 2,500 $341K No change
USAC USA Compression Partners LP 0.15% 12,000 $292K No change
AVGO Broadcom Inc. 0.15% 1,015 $280K New
FDX FedEx Corp. 0.14% 1,166 $265K No change
CMC Commercial Metals Co. 0.13% 5,000 $245K No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.12% 3,250 $234K New
ASO Academy Sports & Outdoors Inc. 0.12% 5,000 $224K No change
WFC Wells Fargo & Co. 0.11% 2,638 $211K New
PSX Phillips 66 0.11% 1,767 $211K No change

Portfolio Sells Q1 2025 → Q2 2025
BRO Brown & Brown Inc. Reduce -0.5% 5.60% −0.94
JNJ Johnson & Johnson Reduce -0.4% 3.61% −0.46
MCD McDonald's Corp. Reduce -0.3% 2.88% −0.32
MKC McCormick & Co.-Non VTG SHRS Reduce -0.4% 2.43% −0.31
KMB Kimberly-Clark Corp. Reduce -0.4% 1.76% −0.26
VZ Verizon Communications Inc. Reduce -0.7% 1.94% −0.18
X United States Steel Corp. Sold out 0.00% −0.14
MDT Medtronic PLC Reduce -0.8% 1.78% −0.14
COP Conocophillips Sold out 0.00% −0.12
V Visa Inc. Class A Reduce -0.3% 4.38% −0.11
ADP Automatic Data Processing Reduce -0.3% 3.43% −0.10
KR Kroger Co. Reduce -0.5% 3.13% +0.06
GWW WW Grainger Inc. Reduce -0.1% 4.52% +0.07
DE Deere & Co. Reduce -0.5% 5.09% +0.20
WMT Walmart Inc. Reduce -0.6% 4.51% +0.29
LHX L3HARRIS Technologies Inc. Reduce -0.3% 3.52% +0.47
ETN Eaton Corp. PLC Reduce -0.0% 6.32% +1.34
ORCL Oracle Corp. Reduce -0.3% 7.28% +2.45

Portfolio Buys Q1 2025 → Q2 2025
AVGO Broadcom Inc. New 0.15% +0.15
TTD Trade Desk Inc./the Class A New 0.12% +0.12
WFC Wells Fargo & Co. New 0.11% +0.11
QCOM Qualcomm Inc. Add +0.0% 4.86% +0.01
BIV Vanguard Intermediate-Term B Add +0.9% 0.67% −0.01
TIP iShares Tips Bond ETF Add +1.4% 0.83% −0.03
APD Air Products & Chemicals Inc. Add +2.3% 2.87% −0.17
NEE Nextera Energy Inc. Add +0.2% 3.01% −0.17
PEP Pepsico Inc. Add +0.6% 1.95% −0.33
CVX Chevron Corp. Add +1.9% 2.72% −0.51
AAPL Apple Inc. Add +1.3% 7.06% −0.75

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 55$205.3MAAPL, ETN, DE, JNJ, GWW
Q1 2026 49$197.8MAAPL, ETN, JNJ, WMT, DE
Q4 2025 49$197.5MAAPL, ORCL, ETN, WMT, QCOM
Q3 2025 49$204.2MORCL, AAPL, ETN, QCOM, BRO
Q2 2025 51$189.7MORCL, AAPL, ETN, BRO, DE
Q1 2025 50$183.2MAAPL, BRO, ETN, DE, QCOM
Q4 2024 45$167.5MAAPL, ETN, ORCL, BRO, QCOM
Q3 2024 27$123.3MWMT, AAPL, DE, ETN, ORCL
Q2 2024 27$126.7MAAPL, DE, ORCL, ETN, BRO
Q1 2024 32$132.7MAAPL, ETN, QCOM, BRO, GWW