Stillwater Capital Advisors, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 17, 2025), Stillwater Capital Advisors, LLC reported 69 stock positions worth $716.7 million. Its top holding was Apple (AAPL) at 7.6% of the portfolio, followed by Nvidia (NVDA, 7.4%) and Broadcom (AVGO, 6.5%). Compared with Q4 2024, it opened 2 new positions, sold out of 2, added to 25 and reduced 31. The biggest buy was SS Financial Select Sector (XLF, shares +13%) and the biggest sale Unitedhealth (UNH, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- DEVON, PA
- CIK
- 0001482970
- Portfolio Value
- $716.7M (Q1 2025)
- SEC Filing
- 0001482970-25-000003 ↗ filed Apr 17, 2025
Holdings Value
Holdings 69 stocks · $716.7M
| AAPL Apple Inc. | 7.64% | 246,413 | $54.7M | Reduce -2.1% |
| NVDA Nvidia Corp. | 7.35% | 486,338 | $52.7M | Reduce -3.2% |
| AVGO Broadcom Inc. | 6.53% | 279,698 | $46.8M | Reduce -3.0% |
| MSFT Microsoft Corp. | 5.95% | 113,643 | $42.7M | Reduce -1.5% |
| XLK SS Technology Select Sector | 4.69% | 162,738 | $33.6M | Add +1.4% |
| JPM JPMorgan Chase & Co. | 3.80% | 110,932 | $27.2M | Reduce -1.3% |
| TMUS T-Mobile US Inc. | 3.51% | 94,243 | $25.1M | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 3.40% | 157,562 | $24.4M | Add +0.3% |
| RTX RTX Corp. | 3.32% | 179,533 | $23.8M | Reduce -1.1% |
| WMT Walmart Inc. | 3.06% | 249,754 | $21.9M | Reduce -1.5% |
| V Visa Inc. Class A | 2.98% | 60,977 | $21.4M | Reduce -0.6% |
| AMZN Amazon.com Inc. | 2.87% | 107,965 | $20.5M | Reduce -0.9% |
| ABBV Abbvie Inc. | 2.65% | 90,607 | $19.0M | Reduce -0.2% |
| HD Home Depot Inc. | 2.58% | 50,396 | $18.5M | Reduce -0.8% |
| MAR Marriott International Class A | 2.54% | 76,289 | $18.2M | Add +0.6% |
| BLK BlackRock Inc. | 2.49% | 18,849 | $17.8M | Reduce -0.8% |
| XOM Exxon Mobil Corp. | 2.45% | 147,429 | $17.5M | Add +0.3% |
| CEG Constellation Energy | 2.37% | 84,087 | $17.0M | Reduce -1.0% |
| XLF SS Financial Select Sector | 2.36% | 339,913 | $16.9M | Add +13.4% |
| MRK Merck & Co. Inc. | 2.27% | 181,433 | $16.3M | Reduce -0.3% |
| IYW iShares Ustechnology ETF | 2.20% | 112,020 | $15.7M | Add +2.1% |
| IWF iShares Russell 1000 Growth | 2.06% | 40,881 | $14.8M | Reduce -1.0% |
| CAT Caterpillar Inc. | 1.92% | 41,633 | $13.7M | Add +0.8% |
| MDLZ Mondelez International Inc. Class A | 1.85% | 195,685 | $13.3M | Add +1.2% |
| XLC SS Comm Select Sector SPDR | 1.85% | 137,427 | $13.3M | Reduce -0.1% |
| XLY SS Consumer Disc Select Sect | 1.78% | 64,545 | $12.7M | Add +1.2% |
| XLV SS Health Care Select Sector | 1.64% | 80,526 | $11.8M | Reduce -21.0% |
| XLI SS Industrial Select Sector | 1.42% | 77,845 | $10.2M | Add +1.1% |
| XLP SS Consumer Staples Sel Sect | 1.27% | 111,173 | $9.1M | Add +0.4% |
| VYM Vanguard High DVD Yield ETF | 1.10% | 61,092 | $7.9M | Add +8.2% |
| XLE SS Energy Select Sector | 0.99% | 75,904 | $7.1M | Reduce -0.8% |
| IYF iShares US Financials ETF | 0.96% | 60,677 | $6.8M | Add +11.3% |
| VEA Vanguard Ftse Developed ETF | 0.85% | 119,683 | $6.1M | Add +5.7% |
| IYH iShares U.S. Healthcare ETF | 0.70% | 82,794 | $5.0M | Reduce -16.2% |
| IWD iShares Russell 1000 Value E | 0.54% | 20,509 | $3.9M | Add +6.0% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.41% | 18,095 | $2.9M | Add +0.8% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.36% | 31,400 | $2.6M | Add +43.6% |
| IYC iShares US Consumer Discreti | 0.34% | 27,727 | $2.4M | Reduce -5.3% |
| IJS iShares S&P Small-Cap 600 Va | 0.24% | 17,996 | $1.8M | Add +1.1% |
| IYJ iShares U.S. Industrials ETF | 0.22% | 12,100 | $1.6M | Reduce -12.8% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.19% | 17,221 | $1.4M | Reduce -1.2% |
| XLRE SS Real Estate Select Sector | 0.19% | 31,834 | $1.3M | Reduce -0.2% |
| SHW The Sherwin-Williams Co. | 0.18% | 3,630 | $1.3M | Reduce -14.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.17% | 4,603 | $1.2M | Add +0.5% |
| IYK iShares US Consumer Staples | 0.16% | 16,306 | $1.2M | Reduce -1.4% |
| XLB SS Materials Select Sector | 0.16% | 12,971 | $1.1M | Reduce -4.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.15% | 4,981 | $1.1M | Add +9.6% |
| LLY Eli Lilly & Co. | 0.15% | 1,301 | $1.1M | Add +18.9% |
| IWR iShares Russell Mid-Cap ETF | 0.12% | 10,222 | $870K | Add +5.3% |
| IWM iShares Russell 2000 ETF | 0.11% | 3,789 | $756K | Add +8.1% |
| AGG iShares Core U.S. Aggregate | 0.10% | 7,530 | $745K | No change |
| LNWO Light & Wonder Inc. | 0.10% | 7,965 | $690K | Reduce -21.6% |
| GOOG Alphabet Inc. Class C | 0.07% | 3,349 | $523K | Reduce -15.7% |
| UNH Unitedhealth Group Inc. | 0.07% | 975 | $511K | Reduce -97.2% |
| FULT Fulton Financial Corp. | 0.07% | 28,017 | $507K | No change |
| TSLA Tesla Inc. | 0.06% | 1,655 | $429K | Add +1.5% |
| META Meta Platforms Inc. Class A | 0.06% | 744 | $429K | No change |
| COR Cencora Inc. | 0.05% | 1,236 | $344K | No change |
| OKE Oneok Inc. | 0.04% | 3,141 | $312K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.04% | 511 | $286K | Add +0.8% |
| DVY iShares Select Dividend ETF | 0.04% | 1,971 | $265K | No change |
| LRCX Lam Research Corp. | 0.04% | 3,608 | $262K | No change |
| GD General Dynamics Corp. | 0.04% | 937 | $255K | New |
| IJR iShares Core S&P Small-Cap E | 0.03% | 2,380 | $249K | No change |
| EEM iShares MSCI Emerging Market | 0.03% | 5,418 | $237K | Reduce -8.7% |
| PGR Progressive Corp. | 0.03% | 826 | $234K | New |
| WDAY Workday Inc. Class A | 0.03% | 993 | $232K | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.03% | 605 | $224K | No change |
| OPK Opko Health Inc. | 0.00% | 11,380 | $19K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| UNH Unitedhealth Group Inc. | Reduce -97.2% | 0.07% | −2.14 |
| AVGO Broadcom Inc. | Reduce -3.0% | 6.53% | −1.74 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −1.55 |
| NVDA Nvidia Corp. | Reduce -3.2% | 7.35% | −0.99 |
| IWP iShares Russell Mid-Cap Grow | Sold out | 0.00% | −0.17 |
| AAPL Apple Inc. | Reduce -2.1% | 7.64% | −0.16 |
| XLV SS Health Care Select Sector | Reduce -21.0% | 1.64% | −0.09 |
| AMZN Amazon.com Inc. | Reduce -0.9% | 2.87% | −0.09 |
| MSFT Microsoft Corp. | Reduce -1.5% | 5.95% | −0.06 |
| GOOG Alphabet Inc. Class C | Reduce -15.7% | 0.07% | −0.02 |
| LNWO Light & Wonder Inc. | Reduce -21.6% | 0.10% | −0.01 |
| IYJ iShares U.S. Industrials ETF | Reduce -12.8% | 0.22% | −0.01 |
| IYH iShares U.S. Healthcare ETF | Reduce -16.2% | 0.70% | −0.01 |
| IYC iShares US Consumer Discreti | Reduce -5.3% | 0.34% | −0.01 |
| SHW The Sherwin-Williams Co. | Reduce -14.2% | 0.18% | −0.00 |
| EEM iShares MSCI Emerging Market | Reduce -8.7% | 0.03% | +0.00 |
| IWF iShares Russell 1000 Growth | Reduce -1.0% | 2.06% | +0.01 |
| CEG Constellation Energy | Reduce -1.0% | 2.37% | +0.01 |
| XLB SS Materials Select Sector | Reduce -4.0% | 0.16% | +0.02 |
| XLRE SS Real Estate Select Sector | Reduce -0.2% | 0.19% | +0.03 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -1.2% | 0.19% | +0.03 |
| IYK iShares US Consumer Staples | Reduce -1.4% | 0.16% | +0.03 |
| MRK Merck & Co. Inc. | Reduce -0.3% | 2.27% | +0.03 |
| BLK BlackRock Inc. | Reduce -0.8% | 2.49% | +0.08 |
| HD Home Depot Inc. | Reduce -0.8% | 2.58% | +0.13 |
| XLE SS Energy Select Sector | Reduce -0.8% | 0.99% | +0.18 |
| XLC SS Comm Select Sector SPDR | Reduce -0.1% | 1.85% | +0.20 |
| WMT Walmart Inc. | Reduce -1.5% | 3.06% | +0.22 |
| JPM JPMorgan Chase & Co. | Reduce -1.3% | 3.80% | +0.46 |
| V Visa Inc. Class A | Reduce -0.6% | 2.98% | +0.58 |
| ABBV Abbvie Inc. | Reduce -0.2% | 2.65% | +0.65 |
| RTX RTX Corp. | Reduce -1.1% | 3.32% | +0.72 |
| TMUS T-Mobile US Inc. | Reduce -1.1% | 3.51% | +0.91 |
Portfolio Buys Q4 2024 → Q1 2025
| XLF SS Financial Select Sector | Add +13.4% | 2.36% | +0.57 |
| XOM Exxon Mobil Corp. | Add +0.3% | 2.45% | +0.49 |
| MDLZ Mondelez International Inc. Class A | Add +1.2% | 1.85% | +0.42 |
| IYF iShares US Financials ETF | Add +11.3% | 0.96% | +0.21 |
| VYM Vanguard High DVD Yield ETF | Add +8.2% | 1.10% | +0.21 |
| XLP SS Consumer Staples Sel Sect | Add +0.4% | 1.27% | +0.19 |
| VEA Vanguard Ftse Developed ETF | Add +5.7% | 0.85% | +0.18 |
| XLI SS Industrial Select Sector | Add +1.1% | 1.42% | +0.17 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +43.6% | 0.36% | +0.12 |
| IWD iShares Russell 1000 Value E | Add +6.0% | 0.54% | +0.10 |
| XLK SS Technology Select Sector | Add +1.4% | 4.69% | +0.07 |
| CAT Caterpillar Inc. | Add +0.8% | 1.92% | +0.06 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +0.8% | 0.41% | +0.05 |
| LLY Eli Lilly & Co. | Add +18.9% | 0.15% | +0.05 |
| GD General Dynamics Corp. | New | 0.04% | +0.04 |
| PGR Progressive Corp. | New | 0.03% | +0.03 |
| IYW iShares Ustechnology ETF | Add +2.1% | 2.20% | +0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +9.6% | 0.15% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.5% | 0.17% | +0.02 |
| IWR iShares Russell Mid-Cap ETF | Add +5.3% | 0.12% | +0.02 |
| IWM iShares Russell 2000 ETF | Add +8.1% | 0.11% | +0.01 |
| XLY SS Consumer Disc Select Sect | Add +1.2% | 1.78% | +0.01 |
| IJS iShares S&P Small-Cap 600 Va | Add +1.1% | 0.24% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.8% | 0.04% | +0.00 |
| TSLA Tesla Inc. | Add +1.5% | 0.06% | −0.02 |
| MAR Marriott International Class A | Add +0.6% | 2.54% | −0.08 |
| GOOGL Alphabet Inc. Class A | Add +0.3% | 3.40% | −0.28 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 71 | $980.6M | AAPL, AVGO, XLK, NVDA, GOOGL |
| Q1 2026 | 68 | $876.1M | AAPL, AVGO, NVDA, GOOGL, XLK |
| Q4 2025 | 70 | $930.4M | AVGO, AAPL, NVDA, MSFT, GOOGL |
| Q3 2025 | 71 | $888.2M | AVGO, NVDA, AAPL, MSFT, XLK |
| Q2 2025 | 70 | $786.4M | AVGO, MSFT, NVDA, AAPL, XLK |
| Q1 2025 | 69 | $716.7M | AAPL, NVDA, AVGO, MSFT, XLK |
| Q4 2024 | 69 | $808.5M | NVDA, AVGO, AAPL, MSFT, XLK |
| Q3 2024 | 73 | $773.9M | NVDA, AAPL, AVGO, MSFT, XLK |
| Q2 2024 | 49 | $716.6M | NVDA, AAPL, MSFT, AVGO, XLK |
| Q1 2024 | 69 | $675.2M | NVDA, MSFT, AAPL, AVGO, XLK |