Winthrop Capital Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 8, 2024), Winthrop Capital Management, LLC reported 162 stock positions worth $217.0 million. Its top holding was Vanguard Info Tech ETF (VGT) at 9.9% of the portfolio, followed by SS SPDR P St C Corp. ETF (SPSB, 8.9%) and Eli Lilly (LLY, 6.3%). Compared with Q4 2023, it opened 29 new positions, sold out of 141, added to 55 and reduced 24. The biggest buy was a new position in Eli Lilly (LLY) and the biggest sale an exit from Schwab US Large-Cap ETF (SCHX).
- Most Recent 13F
- Q2 2026
- Location
- Carmel, IN
- CIK
- 0002010657
- Portfolio Value
- $217.0M (Q1 2024)
- SEC Filing
- 0001999371-24-005753 ↗ filed May 8, 2024
Holdings Value
Holdings 162 stocks · $217.0M
| VGT Vanguard Info Tech ETF | 9.87% | 40,861 | $21.4M | Reduce -0.5% |
| SPSB SS SPDR P St C Corp. ETF | 8.95% | 652,429 | $19.4M | Reduce -2.2% |
| LLY Eli Lilly & Co. | 6.30% | 17,582 | $13.7M | New |
| RSP Invesco S&P 500 Equal Weight | 4.91% | 62,958 | $10.7M | Add +1.6% |
| VFH Vanguard Financials ETF | 4.67% | 99,043 | $10.1M | Add +0.8% |
| IEFA iShares Core MSCI Eafe ETF | 4.67% | 136,458 | $10.1M | Reduce -3.9% |
| USMV iShares MSCI USA Min Vol Fac | 4.52% | 117,491 | $9.8M | Add +0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.22% | 17,525 | $9.2M | Reduce -8.5% |
| VCIT Vanguard Int-Term Corporate | 3.83% | 103,308 | $8.3M | Add +3.1% |
| XLV SS Health Care Select Sector | 3.74% | 54,995 | $8.1M | Add +0.2% |
| XLC SS Comm Select Sector SPDR | 3.33% | 88,429 | $7.2M | Reduce -0.0% |
| SPHY SS SPDR P High Yield ETF | 2.98% | 275,425 | $6.5M | Add +2.3% |
| XLP SS Consumer Staples Sel Sect | 2.43% | 69,078 | $5.3M | Add +0.2% |
| XLY SS Consumer Disc Select Sect | 2.39% | 28,209 | $5.2M | Add +0.1% |
| XLI SS Industrial Select Sector | 2.34% | 40,393 | $5.1M | Reduce -0.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.17% | 28,923 | $4.7M | Reduce -0.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.10% | 13,229 | $4.6M | Reduce -0.9% |
| NEE Nextera Energy Inc. | 1.86% | 63,182 | $4.0M | Add +13.5% |
| IEMG iShares Core MSCI Emerging | 1.79% | 75,213 | $3.9M | Reduce -0.3% |
| AAPL Apple Inc. | 1.65% | 20,926 | $3.6M | Reduce -2.0% |
| XLE SS Energy Select Sector | 1.53% | 35,132 | $3.3M | Add +1.0% |
| GOOGL Alphabet Inc. Class A | 1.32% | 19,007 | $2.9M | Add +1.0% |
| JPM JPMorgan Chase & Co. | 1.21% | 13,066 | $2.6M | Add +1.1% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.12% | 36,967 | $2.4M | Add +0.6% |
| AMZN Amazon.com Inc. | 1.07% | 12,925 | $2.3M | Reduce -3.0% |
| XLB SS Materials Select Sector | 0.89% | 20,854 | $1.9M | Add +0.7% |
| MRK Merck & Co. Inc. | 0.79% | 13,025 | $1.7M | Add +1.2% |
| JNJ Johnson & Johnson | 0.68% | 9,326 | $1.5M | Add +0.8% |
| XOM Exxon Mobil Corp. | 0.65% | 12,073 | $1.4M | Add +5.6% |
| V Visa Inc. Class A | 0.63% | 4,905 | $1.4M | Add +0.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.61% | 5,069 | $1.3M | Add +5.4% |
| ORCL Oracle Corp. | 0.58% | 10,091 | $1.3M | Reduce -2.9% |
| SPLV Invesco S&P 500 Low Volatili | 0.57% | 18,752 | $1.2M | Add +9.0% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.54% | 20,352 | $1.2M | Add +1.4% |
| EQWL Invesco S&P 100 Equal Weight | 0.52% | 11,938 | $1.1M | Reduce -0.2% |
| COST Costco Wholesale Corp. | 0.52% | 1,530 | $1.1M | Add +0.9% |
| YUM Yum! Brands Inc. | 0.51% | 8,028 | $1.1M | No change |
| GXC State Street SPDR S&P China | 0.51% | 16,749 | $1.1M | Reduce -9.1% |
| XLRE SS Real Estate Select Sector | 0.47% | 25,725 | $1.0M | Reduce -1.8% |
| DUK Duke Energy Corp. | 0.39% | 8,644 | $836K | Add +1.1% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.37% | 9,196 | $802K | Reduce -7.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.37% | 3,508 | $802K | No change |
| COP Conocophillips | 0.35% | 5,909 | $752K | Add +0.8% |
| CMCSA Comcast Corp. Class A | 0.34% | 17,263 | $748K | Add +0.8% |
| MDT Medtronic PLC | 0.31% | 7,734 | $674K | Add +1.2% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.28% | 7,913 | $612K | Reduce -30.0% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.27% | 6,983 | $579K | Reduce -4.0% |
| BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 0.23% | 25,484 | $497K | Reduce -7.3% |
| GOOG Alphabet Inc. Class C | 0.23% | 3,232 | $492K | No change |
| ABBV Abbvie Inc. | 0.22% | 2,568 | $468K | Add +2.2% |
| SPGI S&P Global Inc. | 0.19% | 955 | $406K | Add +1.2% |
| GLTR Abrdn Precious Metals Basket | 0.18% | 4,090 | $386K | No change |
| AER Aercap Holdings NV | 0.16% | 3,983 | $346K | Add +1.1% |
| TFC Truist Financial Corp. | 0.15% | 8,436 | $329K | Reduce -13.0% |
| YUMC Yum China Holdings Inc. | 0.15% | 7,926 | $315K | No change |
| XLK SS Technology Select Sector | 0.14% | 1,407 | $293K | No change |
| VIS Vanguard Industrials ETF | 0.13% | 1,153 | $282K | No change |
| BDX Becton Dickinson and Co. | 0.13% | 1,108 | $274K | Add +0.9% |
| ADBE Adobe Inc. | 0.12% | 511 | $258K | Add +1.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.11% | 550 | $231K | Add +22.2% |
| PYPL PayPal Holdings Inc. | 0.11% | 3,412 | $229K | Add +0.7% |
| ADP Automatic Data Processing | 0.10% | 873 | $218K | Add +3.9% |
| AMAT Applied Materials Inc. | 0.09% | 951 | $196K | Add +2.9% |
| PZA Invesco National Amt-Free Mu | 0.08% | 7,712 | $184K | No change |
| VDC Vanguard Consumer Staple ETF | 0.08% | 894 | $183K | No change |
| EQIX Equinix Inc. | 0.07% | 196 | $162K | Add +1.0% |
| ITM Vaneck Intermediate Muni ETF | 0.07% | 3,374 | $157K | No change |
| META Meta Platforms Inc. Class A | 0.07% | 307 | $149K | Add +77.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.07% | 2,368 | $146K | No change |
| IAU iShares Gold Trust | 0.07% | 3,400 | $143K | No change |
| VTC Vanguard Total Corporate BND | 0.06% | 1,799 | $138K | Reduce -41.4% |
| PFFD Global X US Preferred ETF | 0.06% | 6,537 | $132K | Add +3.5% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.05% | 1,007 | $98K | Add +3.5% |
| VZ Verizon Communications Inc. | 0.04% | 2,309 | $97K | Add +1.8% |
| VMBS Vanguard Mortgage-Backed Sec | 0.04% | 2,064 | $94K | No change |
| BABA Alibaba Group Holding-SP ADR | 0.04% | 1,204 | $87K | Add +9.1% |
| SPIB SS SPDR P Int C Corp. ETF | 0.04% | 2,663 | $87K | No change |
| ESGU iShares ESG Aware MSCI USA | 0.04% | 730 | $84K | No change |
| T AT&T Inc. | 0.04% | 4,598 | $81K | Add +1.6% |
| XLF SS Financial Select Sector | 0.04% | 1,835 | $77K | No change |
| APD Air Products & Chemicals Inc. | 0.03% | 287 | $69K | Add +3.6% |
| MCHI iShares MSCI China ETF | 0.03% | 1,578 | $63K | Reduce -19.2% |
| MA Mastercard Inc. Class A | 0.03% | 123 | $59K | Add +2.5% |
| AXP American Express Co. | 0.02% | 230 | $52K | No change |
| XLG Invesco S&P 500 Top 50 ETF | 0.02% | 1,200 | $51K | No change |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.02% | 559 | $51K | Add +5.5% |
| AEP American Electric Power | 0.02% | 520 | $45K | Add +12.1% |
| KMI Kinder Morgan Inc. | 0.02% | 2,261 | $41K | Add +3.8% |
| SHM SS SPDR N Ice St Muni ETF | 0.02% | 867 | $41K | No change |
| ARKK ARK Innovation ETF | 0.02% | 762 | $38K | No change |
| CSGP Costar Group Inc. | 0.02% | 351 | $34K | No change |
| NWN Northwest Natural Holding Co. | 0.02% | 900 | $34K | No change |
| GLD SPDR Gold Shares | 0.01% | 170 | $31K | No change |
| PCY Invesco Emerging Markets Sov | 0.01% | 1,472 | $30K | No change |
| RCL Royal Caribbean Cruises Ltd. | 0.01% | 210 | $29K | Add +5.0% |
| IOT Samsara Inc. Class A | 0.01% | 744 | $28K | No change |
| ESGD iShares Trust iShares ESG Aw | 0.01% | 323 | $26K | No change |
| FTNT Fortinet Inc. | 0.01% | 369 | $25K | New |
| ZBH Zimmer Biomet Holdings Inc. | 0.01% | 180 | $24K | Add +50.0% |
| ONEY SS SPDR R1000 Yield Foc ETF | 0.01% | 224 | $23K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $8K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 200 | $8K | No change |
Total filed on the 13F, all lines: $217.0M.
Portfolio Sells Q4 2023 → Q1 2024
| SCHX Schwab US Large-Cap ETF | Sold out | 0.00% | −4.39 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −3.80 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −3.52 |
| SCHF Schwab Intl Equity ETF | Sold out | 0.00% | −2.19 |
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −1.79 |
| SCHG Schwab US Large-Cap Growth | Sold out | 0.00% | −1.60 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −1.53 |
| PEP Pepsico Inc. | Sold out | 0.00% | −1.24 |
| PFF iShares Preferred & Income S | Sold out | 0.00% | −1.21 |
| SCHA Schwab US Small-Cap ETF | Sold out | 0.00% | −0.97 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.88 |
| IBB iShares Biotechnology ETF | Sold out | 0.00% | −0.85 |
| AGG iShares Core U.S. Aggregate | Sold out | 0.00% | −0.62 |
| SCHM Schwab US Mid Cap ETF | Sold out | 0.00% | −0.61 |
| IEF iShares 7-10 Year Treasury B | Sold out | 0.00% | −0.56 |
| IGSB iShares 1-5Y Inv Grade Corp. | Sold out | 0.00% | −0.54 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −0.53 |
| ITA iShares U.S. Aerospace & Def | Sold out | 0.00% | −0.52 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.49 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Sold out | 0.00% | −0.42 |
| KBE SS SPDR S&P Bank ETF | Sold out | 0.00% | −0.41 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Sold out | 0.00% | −0.37 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.35 |
| USB US Bancorp | Sold out | 0.00% | −0.34 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Sold out | 0.00% | −0.34 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.34 |
| IVW iShares S&P 500 Growth ETF | Sold out | 0.00% | −0.34 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.33 |
| SCHH Schwab US REIT ETF | Sold out | 0.00% | −0.33 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.33 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.33 |
| CMI Cummins Inc. | Sold out | 0.00% | −0.32 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.31 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.31 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.31 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.30 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.28 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.27 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.25 |
| MCD McDonald's Corp. | Sold out | 0.00% | −0.24 |
| SCHB Schwab US Broad Market ETF | Sold out | 0.00% | −0.22 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.19 |
| C Citigroup Inc. | Sold out | 0.00% | −0.19 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.18 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.17 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Sold out | 0.00% | −0.17 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.15 |
| EEM iShares MSCI Emerging Market | Sold out | 0.00% | −0.13 |
| BLK BlackRock Finance Inc. | Sold out | 0.00% | −0.13 |
| PNC PNC Financial Services Group | Sold out | 0.00% | −0.12 |
Portfolio Buys Q4 2023 → Q1 2024
| LLY Eli Lilly & Co. | New | 6.30% | +6.30 |
| RSP Invesco S&P 500 Equal Weight | Add +1.6% | 4.91% | +1.72 |
| VFH Vanguard Financials ETF | Add +0.8% | 4.67% | +1.71 |
| USMV iShares MSCI USA Min Vol Fac | Add +0.1% | 4.52% | +1.53 |
| XLV SS Health Care Select Sector | Add +0.2% | 3.74% | +1.30 |
| VCIT Vanguard Int-Term Corporate | Add +3.1% | 3.83% | +1.17 |
| SPHY SS SPDR P High Yield ETF | Add +2.3% | 2.98% | +0.92 |
| XLP SS Consumer Staples Sel Sect | Add +0.2% | 2.43% | +0.81 |
| NEE Nextera Energy Inc. | Add +13.5% | 1.86% | +0.76 |
| XLY SS Consumer Disc Select Sect | Add +0.1% | 2.39% | +0.74 |
| XLE SS Energy Select Sector | Add +1.0% | 1.53% | +0.58 |
| JPM JPMorgan Chase & Co. | Add +1.1% | 1.21% | +0.49 |
| GOOGL Alphabet Inc. Class A | Add +1.0% | 1.32% | +0.46 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +0.6% | 1.12% | +0.36 |
| MRK Merck & Co. Inc. | Add +1.2% | 0.79% | +0.33 |
| XLB SS Materials Select Sector | Add +0.7% | 0.89% | +0.31 |
| XOM Exxon Mobil Corp. | Add +5.6% | 0.65% | +0.27 |
| VTI VG Morningstar TS MKT ETF-US | Add +5.4% | 0.61% | +0.23 |
| V Visa Inc. Class A | Add +0.8% | 0.63% | +0.22 |
| SPLV Invesco S&P 500 Low Volatili | Add +9.0% | 0.57% | +0.22 |
| JNJ Johnson & Johnson | Add +0.8% | 0.68% | +0.21 |
| COST Costco Wholesale Corp. | Add +0.9% | 0.52% | +0.19 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +1.4% | 0.54% | +0.18 |
| COP Conocophillips | Add +0.8% | 0.35% | +0.12 |
| DUK Duke Energy Corp. | Add +1.1% | 0.39% | +0.11 |
| MDT Medtronic PLC | Add +1.2% | 0.31% | +0.11 |
| CMCSA Comcast Corp. Class A | Add +0.8% | 0.34% | +0.10 |
| ABBV Abbvie Inc. | Add +2.2% | 0.22% | +0.09 |
| AER Aercap Holdings NV | Add +1.1% | 0.16% | +0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +22.2% | 0.11% | +0.05 |
| SPGI S&P Global Inc. | Add +1.2% | 0.19% | +0.05 |
| META Meta Platforms Inc. Class A | Add +77.5% | 0.07% | +0.05 |
| AMAT Applied Materials Inc. | Add +2.9% | 0.09% | +0.04 |
| BDX Becton Dickinson and Co. | Add +0.9% | 0.13% | +0.04 |
| PYPL PayPal Holdings Inc. | Add +0.7% | 0.11% | +0.04 |
| ADP Automatic Data Processing | Add +3.9% | 0.10% | +0.04 |
| EQIX Equinix Inc. | Add +1.0% | 0.07% | +0.02 |
| PFFD Global X US Preferred ETF | Add +3.5% | 0.06% | +0.02 |
| ADBE Adobe Inc. | Add +1.0% | 0.12% | +0.02 |
| VZ Verizon Communications Inc. | Add +1.8% | 0.04% | +0.02 |
| BMO Bank of Montreal | Add +3.5% | 0.05% | +0.01 |
| T AT&T Inc. | Add +1.6% | 0.04% | +0.01 |
| BABA Alibaba Group Holding-SP ADR | Add +9.1% | 0.04% | +0.01 |
| FTNT Fortinet Inc. | New | 0.01% | +0.01 |
| MA Mastercard Inc. Class A | Add +2.5% | 0.03% | +0.01 |
| VRNA Verona Pharma Ltd. | New | 0.01% | +0.01 |
| AEP American Electric Power | Add +12.1% | 0.02% | +0.01 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +5.5% | 0.02% | +0.01 |
| APD Air Products & Chemicals Inc. | Add +3.6% | 0.03% | +0.01 |
| KMI Kinder Morgan Inc. | Add +3.8% | 0.02% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 351 | $414.1M | VGT, LLY, SPSB, SCHX, VFH |
| Q1 2026 | 356 | $389.5M | VGT, SPSB, SCHX, LLY, SCHD |
| Q4 2025 | 363 | $429.1M | VGT, SPSB, LLY, SCHX, VFH |
| Q3 2025 | 338 | $413.5M | VGT, SPSB, SCHX, VFH, IEFA |
| Q2 2025 | 350 | $395.6M | VGT, SPSB, SCHX, LLY, VFH |
| Q1 2025 | 331 | $363.5M | VGT, SPSB, LLY, SCHX, SCHD |
| Q4 2024 | 337 | $375.7M | VGT, SPSB, SCHX, LLY, SCHD |
| Q3 2024 | 157 | $210.0M | VGT, SPSB, RSP, USMV, VFH |
| Q2 2024 | 158 | $199.9M | VGT, SPSB, RSP, VFH, IEFA |
| Q1 2024 | 162 | $217.0M | VGT, SPSB, LLY, RSP, VFH |