Spring Capital Management, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 7, 2025), Spring Capital Management, LLC reported 49 stock positions worth $204.2 million. Its top holding was Oracle (ORCL) at 8.7% of the portfolio, followed by Apple (AAPL, 8.2%) and Eaton (ETN, 6.1%). Compared with Q2 2025, it sold out of 2, added to 22 and reduced 3. The biggest buy was Apple (AAPL, shares +1%) and the biggest sale Eaton (ETN, shares −1%).

Most Recent 13F
Q2 2026
Location
AMARILLO, TX
CIK
0001899146
Portfolio Value
$204.2M (Q3 2025)
SEC Filing
0001754960-25-000640 ↗ filed Oct 7, 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 Q2 2025 Q3 2025: $204.2M $204.2M Q3 2025 Q4 2025: $197.5M Q4 2025 Q1 2026: $197.8M Q1 2026 Q2 2026: $205.3M Q2 2026

Holdings 49 stocks · $204.2M
ORCL Oracle Corp. 8.67% 62,983 $17.7M Reduce -0.3%
AAPL Apple Inc. 8.18% 65,634 $16.7M Add +0.5%
ETN Eaton Corp. PLC 6.10% 33,267 $12.5M Reduce -1.0%
QCOM Qualcomm Inc. 4.79% 58,784 $9.8M Add +1.6%
BRO Brown & Brown Inc. 4.62% 100,510 $9.4M Add +5.0%
WMT Walmart Inc. 4.52% 89,553 $9.2M Add +2.4%
DE Deere & Co. 4.29% 19,145 $8.8M Add +0.9%
JNJ Johnson & Johnson 4.19% 46,101 $8.5M Add +2.7%
V Visa Inc. Class A 4.11% 24,604 $8.4M Add +5.2%
LHX L3HARRIS Technologies Inc. 3.99% 26,655 $8.1M No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 3.95% 8,470 $8.1M Add +2.9%
ADP Automatic Data Processing 3.24% 22,555 $6.6M Add +7.0%
NEE Nextera Energy Inc. 3.13% 84,668 $6.4M Add +2.9%
MCD McDonald's Corp. 2.93% 19,677 $6.0M Add +5.1%
KR Kroger Co. 2.88% 87,398 $5.9M Add +5.7%
CVX Chevron Corp. 2.79% 36,748 $5.7M Add +1.9%
APD Air Products & Chemicals Inc. 2.64% 19,757 $5.4M Add +2.5%
PEP Pepsico Inc. 2.20% 31,957 $4.5M Add +14.0%
MKC McCormick & Co.-Non VTG SHRS 2.17% 66,111 $4.4M Add +8.7%
VZ Verizon Communications Inc. 1.96% 91,106 $4.0M Add +7.1%
MDT Medtronic PLC 1.92% 41,133 $3.9M Add +6.3%
NVDA Nvidia Corp. 1.87% 20,470 $3.8M No change
KMB Kimberly-Clark Corp. 1.84% 30,194 $3.8M Add +16.6%
TPL Texas Pacific Land Corp. 1.73% 3,780 $3.5M No change
SPY SS SPDR S&P 500 ETF Trust-US 1.31% 4,004 $2.7M No change
MTDR Matador Resources Co. 1.12% 50,827 $2.3M No change
MSFT Microsoft Corp. 1.04% 4,083 $2.1M Add +35.0%
XOM Exxon Mobil Corp. 1.02% 18,413 $2.1M Reduce -1.2%
TIP iShares Tips Bond ETF 0.79% 14,525 $1.6M Add +1.0%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.66% 2,920 $1.4M No change
BIV Vanguard Intermediate-Term B 0.63% 16,524 $1.3M Add +0.9%
GOOG Alphabet Inc. Class C 0.56% 4,670 $1.1M No change
TSCO Tractor Supply Company 0.50% 18,000 $1.0M No change
SPYV SS SPDR P S&P 500 Value ETF 0.50% 18,490 $1.0M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.45% 18,005 $929K No change
FANG Diamondback Energy Inc. 0.29% 4,160 $595K No change
OKE Oneok Inc. 0.28% 7,824 $571K No change
CAT Caterpillar Inc. 0.26% 1,120 $534K No change
TRN Trinity Industries Inc. 0.25% 18,000 $505K No change
ET Energy Transfer LP 0.24% 29,000 $498K No change
PLTR Palantir Technologies Inc. Class A 0.22% 2,500 $456K No change
AMZN Amazon.com Inc. 0.19% 1,780 $391K No change
HON Honeywell International Inc. 0.18% 1,781 $375K No change
AVGO Broadcom Inc. 0.16% 1,015 $335K No change
USAC USA Compression Partners LP 0.14% 12,000 $288K No change
CMC Commercial Metals Co. 0.14% 5,000 $286K No change
FDX FedEx Corp. 0.13% 1,166 $275K No change
ASO Academy Sports & Outdoors Inc. 0.12% 5,000 $250K No change
WFC Wells Fargo & Co. 0.11% 2,638 $221K No change

Portfolio Sells Q2 2025 → Q3 2025
ETN Eaton Corp. PLC Reduce -1.0% 6.10% −0.23
TTD Trade Desk Inc./the Class A Sold out 0.00% −0.12
PSX Phillips 66 Sold out 0.00% −0.11
XOM Exxon Mobil Corp. Reduce -1.2% 1.02% −0.04
ORCL Oracle Corp. Reduce -0.3% 8.67% +1.40

Portfolio Buys Q2 2025 → Q3 2025
AAPL Apple Inc. Add +0.5% 8.18% +1.12
JNJ Johnson & Johnson Add +2.7% 4.19% +0.57
PEP Pepsico Inc. Add +14.0% 2.20% +0.25
MSFT Microsoft Corp. Add +35.0% 1.04% +0.24
MDT Medtronic PLC Add +6.3% 1.92% +0.14
NEE Nextera Energy Inc. Add +2.9% 3.13% +0.12
KMB Kimberly-Clark Corp. Add +16.6% 1.84% +0.08
CVX Chevron Corp. Add +1.9% 2.79% +0.07
MCD McDonald's Corp. Add +5.1% 2.93% +0.04
VZ Verizon Communications Inc. Add +7.1% 1.96% +0.02
WMT Walmart Inc. Add +2.4% 4.52% +0.01
BIV Vanguard Intermediate-Term B Add +0.9% 0.63% −0.04
TIP iShares Tips Bond ETF Add +1.0% 0.79% −0.04
QCOM Qualcomm Inc. Add +1.6% 4.79% −0.07
ADP Automatic Data Processing Add +7.0% 3.24% −0.19
APD Air Products & Chemicals Inc. Add +2.5% 2.64% −0.23
KR Kroger Co. Add +5.7% 2.88% −0.24
V Visa Inc. Class A Add +5.2% 4.11% −0.26
MKC McCormick & Co.-Non VTG SHRS Add +8.7% 2.17% −0.27
GWW WW Grainger Inc. Add +2.9% 3.95% −0.56
DE Deere & Co. Add +0.9% 4.29% −0.80
BRO Brown & Brown Inc. Add +5.0% 4.62% −0.98

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