Winthrop Capital Management, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 9, 2024), Winthrop Capital Management, LLC reported 158 stock positions worth $199.9 million. Its top holding was Vanguard Info Tech ETF (VGT) at 12.0% of the portfolio, followed by SS SPDR P St C Corp. ETF (SPSB, 9.7%) and Invesco S&P 500 Equal Weight (RSP, 5.3%). Compared with Q1 2024, it opened 13 new positions, sold out of 18, added to 43 and reduced 33. The biggest buy was a new position in Nvidia (NVDA) and the biggest sale an exit from Eli Lilly (LLY).
- Most Recent 13F
- Q2 2026
- Location
- Carmel, IN
- CIK
- 0002010657
- Portfolio Value
- $199.9M (Q2 2024)
- SEC Filing
- 0001999371-24-009788 ↗ filed Aug 9, 2024
Holdings Value
Holdings 158 stocks · $199.9M
| VGT Vanguard Info Tech ETF | 12.03% | 41,713 | $24.1M | Add +2.1% |
| SPSB SS SPDR P St C Corp. ETF | 9.74% | 655,716 | $19.5M | Add +0.5% |
| RSP Invesco S&P 500 Equal Weight | 5.32% | 64,687 | $10.6M | Add +2.8% |
| VFH Vanguard Financials ETF | 5.00% | 100,032 | $10.0M | Add +1.0% |
| IEFA iShares Core MSCI Eafe ETF | 5.00% | 137,498 | $10.0M | Add +0.8% |
| USMV iShares MSCI USA Min Vol Fac | 4.96% | 118,057 | $9.9M | Add +0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.67% | 17,134 | $9.3M | Reduce -2.2% |
| VCIT Vanguard Int-Term Corporate | 4.24% | 106,147 | $8.5M | Add +2.8% |
| XLC SS Comm Select Sector SPDR | 4.05% | 94,404 | $8.1M | Add +6.8% |
| XLV SS Health Care Select Sector | 3.85% | 52,743 | $7.7M | Reduce -4.1% |
| SPHY SS SPDR P High Yield ETF | 3.23% | 278,036 | $6.5M | Add +0.9% |
| XLY SS Consumer Disc Select Sect | 2.63% | 28,814 | $5.3M | Add +2.1% |
| NVDA Nvidia Corp. | 2.45% | 39,607 | $4.9M | New |
| XLI SS Industrial Select Sector | 2.42% | 39,619 | $4.8M | Reduce -1.9% |
| XLP SS Consumer Staples Sel Sect | 2.32% | 60,631 | $4.6M | Reduce -12.2% |
| NEE Nextera Energy Inc. | 2.24% | 63,336 | $4.5M | Add +0.2% |
| AAPL Apple Inc. | 2.22% | 21,065 | $4.4M | Add +0.7% |
| IEMG iShares Core MSCI Emerging | 1.96% | 73,183 | $3.9M | Reduce -2.7% |
| XLE SS Energy Select Sector | 1.79% | 39,326 | $3.6M | Add +11.9% |
| GOOGL Alphabet Inc. Class A | 1.71% | 18,767 | $3.4M | Reduce -1.3% |
| AMZN Amazon.com Inc. | 1.26% | 13,033 | $2.5M | Add +0.8% |
| JPM JPMorgan Chase & Co. | 1.26% | 12,441 | $2.5M | Reduce -4.8% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.18% | 34,587 | $2.4M | Reduce -6.4% |
| MRK Merck & Co. Inc. | 0.82% | 13,243 | $1.6M | Add +1.7% |
| ORCL Oracle Corp. | 0.72% | 10,191 | $1.4M | Add +1.0% |
| XLB SS Materials Select Sector | 0.71% | 16,088 | $1.4M | Reduce -22.9% |
| XOM Exxon Mobil Corp. | 0.70% | 12,126 | $1.4M | Add +0.4% |
| JNJ Johnson & Johnson | 0.68% | 9,331 | $1.4M | Add +0.1% |
| COST Costco Wholesale Corp. | 0.65% | 1,540 | $1.3M | Add +0.7% |
| V Visa Inc. Class A | 0.65% | 4,941 | $1.3M | Add +0.7% |
| SPLV Invesco S&P 500 Low Volatili | 0.59% | 18,228 | $1.2M | Reduce -2.8% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.58% | 19,481 | $1.2M | Reduce -4.3% |
| EQWL Invesco S&P 100 Equal Weight | 0.56% | 11,943 | $1.1M | Add +0.0% |
| WFC Wells Fargo & Co. | 0.52% | 17,496 | $1.0M | New |
| XLRE SS Real Estate Select Sector | 0.51% | 26,731 | $1.0M | Add +3.9% |
| DUK Duke Energy Corp. | 0.44% | 8,792 | $881K | Add +1.7% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.41% | 9,575 | $822K | Add +4.1% |
| GXC State Street SPDR S&P China | 0.35% | 10,151 | $695K | Reduce -39.4% |
| COP Conocophillips | 0.34% | 5,978 | $684K | Add +1.2% |
| CMCSA Comcast Corp. Class A | 0.32% | 16,376 | $641K | Reduce -5.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.30% | 7,824 | $605K | Reduce -1.1% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.29% | 7,307 | $572K | Add +4.6% |
| MDT Medtronic PLC | 0.25% | 6,295 | $495K | Reduce -18.6% |
| NKE Nike Inc. Class B | 0.24% | 6,321 | $476K | New |
| BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 0.23% | 22,654 | $461K | Reduce -11.1% |
| ABBV Abbvie Inc. | 0.23% | 2,627 | $451K | Add +2.3% |
| SPGI S&P Global Inc. | 0.22% | 967 | $431K | Add +1.3% |
| GLTR Abrdn Precious Metals Basket | 0.21% | 4,090 | $421K | No change |
| GOOG Alphabet Inc. Class C | 0.20% | 2,232 | $409K | Reduce -30.9% |
| XLK SS Technology Select Sector | 0.17% | 1,506 | $341K | Add +7.0% |
| AMGN Amgen Inc. | 0.16% | 1,000 | $312K | New |
| ADBE Adobe Inc. | 0.13% | 458 | $254K | Reduce -10.4% |
| YUMC Yum China Holdings Inc. | 0.12% | 7,926 | $244K | No change |
| BDX Becton Dickinson and Co. | 0.12% | 1,027 | $240K | Reduce -7.3% |
| AMAT Applied Materials Inc. | 0.12% | 986 | $233K | Add +3.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.11% | 562 | $229K | Add +2.2% |
| VIS Vanguard Industrials ETF | 0.11% | 962 | $226K | Reduce -16.6% |
| ADP Automatic Data Processing | 0.11% | 924 | $221K | Add +5.8% |
| ABT Abbott Laboratories | 0.10% | 1,965 | $204K | New |
| META Meta Platforms Inc. Class A | 0.10% | 405 | $204K | Add +31.9% |
| PYPL PayPal Holdings Inc. | 0.09% | 3,126 | $181K | Reduce -8.4% |
| VDC Vanguard Consumer Staple ETF | 0.09% | 838 | $170K | Reduce -6.3% |
| EQIX Equinix Inc. | 0.08% | 201 | $152K | Add +2.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.07% | 2,172 | $139K | Reduce -8.3% |
| VTC Vanguard Total Corporate BND | 0.07% | 1,768 | $134K | Reduce -1.7% |
| PFFD Global X US Preferred ETF | 0.06% | 6,107 | $120K | Reduce -6.6% |
| XLF SS Financial Select Sector | 0.05% | 2,405 | $99K | Add +31.1% |
| VZ Verizon Communications Inc. | 0.05% | 2,314 | $95K | Add +0.2% |
| VMBS Vanguard Mortgage-Backed Sec | 0.05% | 2,064 | $94K | No change |
| T AT&T Inc. | 0.04% | 4,673 | $89K | Add +1.6% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.04% | 1,058 | $89K | Add +5.1% |
| BABA Alibaba Group Holding-SP ADR | 0.04% | 1,203 | $87K | Reduce -0.1% |
| ESGU iShares ESG Aware MSCI USA | 0.04% | 730 | $87K | No change |
| SPIB SS SPDR P Int C Corp. ETF | 0.04% | 2,663 | $87K | No change |
| APD Air Products & Chemicals Inc. | 0.04% | 302 | $78K | Add +5.2% |
| ITM Vaneck Intermediate Muni ETF | 0.04% | 1,663 | $76K | Reduce -50.7% |
| XLG Invesco S&P 500 Top 50 ETF | 0.03% | 1,200 | $55K | No change |
| MA Mastercard Inc. Class A | 0.03% | 123 | $54K | No change |
| AXP American Express Co. | 0.03% | 230 | $53K | No change |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.03% | 559 | $51K | No change |
| KMI Kinder Morgan Inc. | 0.02% | 2,397 | $48K | Add +6.0% |
| AEP American Electric Power | 0.02% | 520 | $46K | No change |
| ECL Ecolab Inc. | 0.02% | 168 | $40K | New |
| TFC Truist Financial Corp. | 0.02% | 1,019 | $40K | Reduce -87.9% |
| PZA Invesco National Amt-Free Mu | 0.02% | 1,626 | $39K | Reduce -78.9% |
| GLD SPDR Gold Shares | 0.02% | 170 | $37K | No change |
| ALL Allstate Corp. | 0.02% | 926 | $34K | Add +1261.8% |
| ARKK ARK Innovation ETF | 0.02% | 762 | $33K | No change |
| NWN Northwest Natural Holding Co. | 0.02% | 900 | $33K | No change |
| RCL Royal Caribbean Cruises Ltd. | 0.02% | 210 | $33K | No change |
| GLW Corning Inc. | 0.01% | 768 | $30K | New |
| CSGP Costar Group Inc. | 0.01% | 351 | $26K | No change |
| ESGD iShares Trust iShares ESG Aw | 0.01% | 323 | $25K | No change |
| TSLA Tesla Inc. | 0.01% | 122 | $24K | No change |
| ONEY SS SPDR R1000 Yield Foc ETF | 0.01% | 224 | $23K | No change |
| FTNT Fortinet Inc. | 0.01% | 369 | $22K | No change |
| ESGE iShares Inc. iShares ESG Awar | 0.01% | 624 | $21K | No change |
| ZBH Zimmer Biomet Holdings Inc. | 0.01% | 180 | $20K | No change |
| XES SS SPDR S&P Og Eqp & Serv | 0.01% | 200 | $18K | No change |
| VRNA Verona Pharma Ltd. | 0.01% | 1,235 | $18K | 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: $199.9M.
Portfolio Sells Q1 2024 → Q2 2024
| LLY Eli Lilly & Co. | Sold out | 0.00% | −6.30 |
| VTV Vanguard Mrngstr Val ETF-Aui | Sold out | 0.00% | −2.17 |
| VUG Vanguard Mrngstar GR ETF-Sui | Sold out | 0.00% | −2.10 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.61 |
| YUM Yum! Brands Inc. | Sold out | 0.00% | −0.51 |
| VB Vanguard Most SM-Cap ETF-Usd | Sold out | 0.00% | −0.37 |
| XLB SS Materials Select Sector | Reduce -22.9% | 0.71% | −0.18 |
| GXC State Street SPDR S&P China | Reduce -39.4% | 0.35% | −0.16 |
| AER Aercap Holdings NV | Sold out | 0.00% | −0.16 |
| TFC Truist Financial Corp. | Reduce -87.9% | 0.02% | −0.13 |
| XLP SS Consumer Staples Sel Sect | Reduce -12.2% | 2.32% | −0.11 |
| IAU iShares Gold Trust | Sold out | 0.00% | −0.07 |
| PZA Invesco National Amt-Free Mu | Reduce -78.9% | 0.02% | −0.07 |
| MDT Medtronic PLC | Reduce -18.6% | 0.25% | −0.06 |
| ITM Vaneck Intermediate Muni ETF | Reduce -50.7% | 0.04% | −0.03 |
| MCHI iShares MSCI China ETF | Sold out | 0.00% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -5.1% | 0.32% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -30.9% | 0.20% | −0.02 |
| VIS Vanguard Industrials ETF | Reduce -16.6% | 0.11% | −0.02 |
| PYPL PayPal Holdings Inc. | Reduce -8.4% | 0.09% | −0.01 |
| IOT Samsara Inc. Class A | Sold out | 0.00% | −0.01 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -61.3% | 0.01% | −0.01 |
| PCY Invesco Emerging Markets Sov | Reduce -80.2% | 0.00% | −0.01 |
| HYD Vaneck High Yield Muni ETF | Reduce -69.8% | 0.00% | −0.01 |
| BDX Becton Dickinson and Co. | Reduce -7.3% | 0.12% | −0.01 |
| JNK SS SPDR BB High Yield Bond | Sold out | 0.00% | −0.00 |
| S Sentinelone Inc. Class A | Sold out | 0.00% | −0.00 |
| DOW Dow Inc. | Sold out | 0.00% | −0.00 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.00 |
| PFFD Global X US Preferred ETF | Reduce -6.6% | 0.06% | −0.00 |
| COR Cencora Inc. | Sold out | 0.00% | −0.00 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.00 |
| QS Quantumscape Corp. | Sold out | 0.00% | −0.00 |
| TPL Texas Pacific Land Corp. | Sold out | 0.00% | −0.00 |
| SPCE Virgin Galactic Holdings Inc. | Reduce -7.9% | 0.00% | 0.00 |
| VDC Vanguard Consumer Staple ETF | Reduce -6.3% | 0.09% | +0.00 |
| BCI Abrdn Bloomberg All Commodit | Reduce -11.1% | 0.23% | +0.00 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -8.3% | 0.07% | +0.00 |
| BABA Alibaba Group Holding-SP ADR | Reduce -0.1% | 0.04% | +0.00 |
| VTC Vanguard Total Corporate BND | Reduce -1.7% | 0.07% | +0.00 |
| ADBE Adobe Inc. | Reduce -10.4% | 0.13% | +0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -1.1% | 0.30% | +0.02 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -2.8% | 0.59% | +0.02 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -4.3% | 0.58% | +0.04 |
| JPM JPMorgan Chase & Co. | Reduce -4.8% | 1.26% | +0.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -6.4% | 1.18% | +0.06 |
| XLI SS Industrial Select Sector | Reduce -1.9% | 2.42% | +0.07 |
| XLV SS Health Care Select Sector | Reduce -4.1% | 3.85% | +0.10 |
| IEMG iShares Core MSCI Emerging | Reduce -2.7% | 1.96% | +0.17 |
| GOOGL Alphabet Inc. Class A | Reduce -1.3% | 1.71% | +0.39 |
Portfolio Buys Q1 2024 → Q2 2024
| NVDA Nvidia Corp. | New | 2.45% | +2.45 |
| VGT Vanguard Info Tech ETF | Add +2.1% | 12.03% | +2.16 |
| SPSB SS SPDR P St C Corp. ETF | Add +0.5% | 9.74% | +0.79 |
| XLC SS Comm Select Sector SPDR | Add +6.8% | 4.05% | +0.72 |
| AAPL Apple Inc. | Add +0.7% | 2.22% | +0.57 |
| WFC Wells Fargo & Co. | New | 0.52% | +0.52 |
| USMV iShares MSCI USA Min Vol Fac | Add +0.5% | 4.96% | +0.43 |
| VCIT Vanguard Int-Term Corporate | Add +2.8% | 4.24% | +0.41 |
| RSP Invesco S&P 500 Equal Weight | Add +2.8% | 5.32% | +0.40 |
| NEE Nextera Energy Inc. | Add +0.2% | 2.24% | +0.38 |
| IEFA iShares Core MSCI Eafe ETF | Add +0.8% | 5.00% | +0.33 |
| VFH Vanguard Financials ETF | Add +1.0% | 5.00% | +0.33 |
| XLE SS Energy Select Sector | Add +11.9% | 1.79% | +0.27 |
| SPHY SS SPDR P High Yield ETF | Add +0.9% | 3.23% | +0.25 |
| XLY SS Consumer Disc Select Sect | Add +2.1% | 2.63% | +0.24 |
| NKE Nike Inc. Class B | New | 0.24% | +0.24 |
| AMZN Amazon.com Inc. | Add +0.8% | 1.26% | +0.19 |
| AMGN Amgen Inc. | New | 0.16% | +0.16 |
| COST Costco Wholesale Corp. | Add +0.7% | 0.65% | +0.14 |
| ORCL Oracle Corp. | Add +1.0% | 0.72% | +0.14 |
| ABT Abbott Laboratories | New | 0.10% | +0.10 |
| DUK Duke Energy Corp. | Add +1.7% | 0.44% | +0.06 |
| XOM Exxon Mobil Corp. | Add +0.4% | 0.70% | +0.05 |
| XLRE SS Real Estate Select Sector | Add +3.9% | 0.51% | +0.05 |
| EQWL Invesco S&P 100 Equal Weight | Add +0.0% | 0.56% | +0.04 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +4.1% | 0.41% | +0.04 |
| XLK SS Technology Select Sector | Add +7.0% | 0.17% | +0.04 |
| META Meta Platforms Inc. Class A | Add +31.9% | 0.10% | +0.03 |
| SPGI S&P Global Inc. | Add +1.3% | 0.22% | +0.03 |
| MRK Merck & Co. Inc. | Add +1.7% | 0.82% | +0.03 |
| AMAT Applied Materials Inc. | Add +3.7% | 0.12% | +0.03 |
| ECL Ecolab Inc. | New | 0.02% | +0.02 |
| SLYV SS SPDR S&P 600 SC Val ETF | Add +4.6% | 0.29% | +0.02 |
| V Visa Inc. Class A | Add +0.7% | 0.65% | +0.02 |
| GLW Corning Inc. | New | 0.01% | +0.01 |
| XLF SS Financial Select Sector | Add +31.1% | 0.05% | +0.01 |
| ALL Allstate Corp. | Add +1261.8% | 0.02% | +0.01 |
| ADP Automatic Data Processing | Add +5.8% | 0.11% | +0.01 |
| ABBV Abbvie Inc. | Add +2.3% | 0.23% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.2% | 0.11% | +0.01 |
| T AT&T Inc. | Add +1.6% | 0.04% | +0.01 |
| APD Air Products & Chemicals Inc. | Add +5.2% | 0.04% | +0.01 |
| GEV GE Vernova Inc. | New | 0.01% | +0.01 |
| KMI Kinder Morgan Inc. | Add +6.0% | 0.02% | +0.01 |
| NEM Newmont Corp. | New | 0.01% | +0.01 |
| VZ Verizon Communications Inc. | Add +0.2% | 0.05% | +0.00 |
| JNJ Johnson & Johnson | Add +0.1% | 0.68% | +0.00 |
| MNST Monster Beverage Corp. | New | 0.00% | +0.00 |
| EQIX Equinix Inc. | Add +2.5% | 0.08% | +0.00 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +120.0% | 0.00% | +0.00 |
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 |