Winthrop Capital Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 4, 2024), Winthrop Capital Management, LLC reported 157 stock positions worth $210.0 million. Its top holding was Vanguard Info Tech ETF (VGT) at 11.7% of the portfolio, followed by SS SPDR P St C Corp. ETF (SPSB, 9.7%) and Invesco S&P 500 Equal Weight (RSP, 5.5%). Compared with Q2 2024, it opened 24 new positions, sold out of 25, added to 32 and reduced 40. The biggest buy was a new position in VG Morningstar TS MKT ETF-US (VTI) and the biggest sale an exit from Nvidia (NVDA).
- Most Recent 13F
- Q2 2026
- Location
- Carmel, IN
- CIK
- 0002010657
- Portfolio Value
- $210.0M (Q3 2024)
- SEC Filing
- 0001999371-24-014240 ↗ filed Nov 4, 2024
Holdings Value
Holdings 157 stocks · $210.0M
| VGT Vanguard Info Tech ETF | 11.68% | 41,814 | $24.5M | Add +0.2% |
| SPSB SS SPDR P St C Corp. ETF | 9.66% | 669,922 | $20.3M | Add +2.2% |
| RSP Invesco S&P 500 Equal Weight | 5.54% | 64,933 | $11.6M | Add +0.4% |
| USMV iShares MSCI USA Min Vol Fac | 5.14% | 118,129 | $10.8M | Add +0.1% |
| VFH Vanguard Financials ETF | 5.12% | 97,910 | $10.8M | Reduce -2.1% |
| IEFA iShares Core MSCI Eafe ETF | 5.11% | 137,602 | $10.7M | Add +0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.77% | 17,459 | $10.0M | Add +1.9% |
| VCIT Vanguard Int-Term Corporate | 4.28% | 107,240 | $9.0M | Add +1.0% |
| XLC SS Comm Select Sector SPDR | 4.15% | 96,427 | $8.7M | Add +2.1% |
| XLV SS Health Care Select Sector | 3.62% | 49,365 | $7.6M | Reduce -6.4% |
| SPHY SS SPDR P High Yield ETF | 3.18% | 277,574 | $6.7M | Reduce -0.2% |
| NEE Nextera Energy Inc. | 2.55% | 63,245 | $5.3M | Reduce -0.1% |
| XLI SS Industrial Select Sector | 2.53% | 39,180 | $5.3M | Reduce -1.1% |
| XLY SS Consumer Disc Select Sect | 2.51% | 26,317 | $5.3M | Reduce -8.7% |
| XLP SS Consumer Staples Sel Sect | 2.35% | 59,556 | $4.9M | Reduce -1.8% |
| AAPL Apple Inc. | 2.22% | 19,975 | $4.7M | Reduce -5.2% |
| IEMG iShares Core MSCI Emerging | 1.95% | 71,485 | $4.1M | Reduce -2.3% |
| XLE SS Energy Select Sector | 1.59% | 38,041 | $3.3M | Reduce -3.3% |
| GOOGL Alphabet Inc. Class A | 1.43% | 18,048 | $3.0M | Reduce -3.8% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.36% | 35,375 | $2.9M | Add +2.3% |
| JPM JPMorgan Chase & Co. | 1.23% | 12,210 | $2.6M | Reduce -1.9% |
| AMZN Amazon.com Inc. | 1.20% | 13,497 | $2.5M | Add +3.6% |
| XLRE SS Real Estate Select Sector | 0.96% | 45,328 | $2.0M | Add +69.6% |
| XLB SS Materials Select Sector | 0.92% | 20,080 | $1.9M | Add +24.8% |
| ORCL Oracle Corp. | 0.75% | 9,298 | $1.6M | Reduce -8.8% |
| MRK Merck & Co. Inc. | 0.71% | 13,193 | $1.5M | Reduce -0.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.68% | 5,056 | $1.4M | New |
| XOM Exxon Mobil Corp. | 0.68% | 12,148 | $1.4M | Add +0.2% |
| V Visa Inc. Class A | 0.63% | 4,814 | $1.3M | Reduce -2.6% |
| SPLV Invesco S&P 500 Low Volatili | 0.62% | 18,228 | $1.3M | No change |
| COST Costco Wholesale Corp. | 0.61% | 1,436 | $1.3M | Reduce -6.8% |
| EQWL Invesco S&P 100 Equal Weight | 0.55% | 11,272 | $1.2M | Reduce -5.6% |
| PG The Procter & Gamble Co. | 0.54% | 6,573 | $1.1M | New |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.54% | 18,514 | $1.1M | Reduce -5.0% |
| DUK Duke Energy Corp. | 0.52% | 9,443 | $1.1M | Add +7.4% |
| TMO Thermo Fisher Scientific Inc. | 0.51% | 1,730 | $1.1M | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.48% | 10,452 | $1.0M | New |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.44% | 9,841 | $916K | Add +2.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.41% | 3,616 | $858K | New |
| GXC State Street SPDR S&P China | 0.38% | 9,790 | $804K | Reduce -3.6% |
| CMCSA Comcast Corp. Class A | 0.34% | 17,150 | $716K | Add +4.7% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.30% | 7,261 | $630K | Reduce -0.6% |
| COP Conocophillips | 0.30% | 5,937 | $625K | Reduce -0.7% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.30% | 7,867 | $625K | Add +0.6% |
| MDT Medtronic PLC | 0.29% | 6,726 | $606K | Add +6.8% |
| ABBV Abbvie Inc. | 0.25% | 2,627 | $519K | No change |
| SPGI S&P Global Inc. | 0.23% | 955 | $493K | Reduce -1.2% |
| BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 0.22% | 22,654 | $463K | No change |
| GLTR Abrdn Precious Metals Basket | 0.22% | 4,090 | $463K | No change |
| AER Aercap Holdings NV | 0.18% | 3,986 | $378K | New |
| YUMC Yum China Holdings Inc. | 0.17% | 7,926 | $357K | No change |
| GOOG Alphabet Inc. Class C | 0.17% | 2,112 | $353K | Reduce -5.4% |
| XLK SS Technology Select Sector | 0.16% | 1,506 | $340K | No change |
| AMGN Amgen Inc. | 0.15% | 987 | $318K | Reduce -1.3% |
| ADBE Adobe Inc. | 0.12% | 503 | $260K | Add +9.8% |
| PYPL PayPal Holdings Inc. | 0.12% | 3,338 | $260K | Add +6.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.12% | 562 | $259K | No change |
| ADP Automatic Data Processing | 0.12% | 924 | $256K | No change |
| VIS Vanguard Industrials ETF | 0.12% | 963 | $250K | Add +0.1% |
| BDX Becton Dickinson and Co. | 0.12% | 1,016 | $245K | Reduce -1.1% |
| META Meta Platforms Inc. Class A | 0.11% | 398 | $228K | Reduce -1.7% |
| ABT Abbott Laboratories | 0.11% | 1,949 | $222K | Reduce -0.8% |
| AMAT Applied Materials Inc. | 0.09% | 986 | $199K | No change |
| VDC Vanguard Consumer Staple ETF | 0.09% | 838 | $183K | No change |
| EQIX Equinix Inc. | 0.08% | 197 | $175K | Reduce -2.0% |
| ITW Illinois Tool Works | 0.08% | 608 | $159K | New |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.07% | 2,172 | $147K | No change |
| PFFD Global X US Preferred ETF | 0.06% | 6,177 | $128K | Add +1.1% |
| BABA Alibaba Group Holding-SP ADR | 0.06% | 1,191 | $126K | Reduce -1.0% |
| XLF SS Financial Select Sector | 0.05% | 2,405 | $109K | No change |
| TEVA Teva Pharmaceutical-SP ADR | 0.05% | 6,000 | $108K | New |
| SHEL Shell PLC-ADR | 0.05% | 1,616 | $107K | New |
| T AT&T Inc. | 0.05% | 4,739 | $104K | Add +1.4% |
| VMBS Vanguard Mortgage-Backed Sec | 0.05% | 2,064 | $97K | No change |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.05% | 1,058 | $95K | No change |
| VZ Verizon Communications Inc. | 0.05% | 2,114 | $95K | Reduce -8.6% |
| ESGU iShares ESG Aware MSCI USA | 0.04% | 730 | $92K | No change |
| APD Air Products & Chemicals Inc. | 0.04% | 302 | $90K | No change |
| SPIB SS SPDR P Int C Corp. ETF | 0.04% | 2,663 | $90K | No change |
| EIX Edison International | 0.04% | 960 | $84K | New |
| ITM Vaneck Intermediate Muni ETF | 0.04% | 1,663 | $78K | No change |
| O Realty Income Corp. | 0.03% | 1,119 | $71K | New |
| AXP American Express Co. | 0.03% | 230 | $62K | No change |
| MA Mastercard Inc. Class A | 0.03% | 123 | $61K | No change |
| GLD SPDR Gold Shares | 0.03% | 241 | $59K | Add +41.8% |
| XLG Invesco S&P 500 Top 50 ETF | 0.03% | 1,200 | $57K | No change |
| AEP American Electric Power | 0.03% | 520 | $53K | No change |
| KMI Kinder Morgan Inc. | 0.03% | 2,397 | $53K | No change |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.02% | 559 | $51K | No change |
| ECL Ecolab Inc. | 0.02% | 168 | $43K | No change |
| PZA Invesco National Amt-Free Mu | 0.02% | 1,626 | $39K | No change |
| TFC Truist Financial Corp. | 0.02% | 914 | $39K | Reduce -10.3% |
| NWN Northwest Natural Holding Co. | 0.02% | 900 | $37K | No change |
| RCL Royal Caribbean Cruises Ltd. | 0.02% | 208 | $37K | Reduce -0.9% |
| ARKK ARK Innovation ETF | 0.02% | 762 | $36K | No change |
| QUAL iShares MSCI USA Quality Fac | 0.02% | 198 | $36K | Add +692.0% |
| MTUM iShares MSCI USA Momentum Fa | 0.02% | 177 | $36K | New |
| VRNA Verona Pharma Ltd. | 0.02% | 1,235 | $36K | No change |
| GLW Corning Inc. | 0.02% | 768 | $35K | No change |
| ESGD iShares Trust iShares ESG Aw | 0.01% | 323 | $27K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| NVDA Nvidia Corp. | Sold out | 0.00% | −2.45 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.68 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.52 |
| GOOGL Alphabet Inc. Class A | Reduce -3.8% | 1.43% | −0.28 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.24 |
| XLV SS Health Care Select Sector | Reduce -6.4% | 3.62% | −0.22 |
| XLE SS Energy Select Sector | Reduce -3.3% | 1.59% | −0.20 |
| XLY SS Consumer Disc Select Sect | Reduce -8.7% | 2.51% | −0.12 |
| MRK Merck & Co. Inc. | Reduce -0.4% | 0.71% | −0.11 |
| VTC Vanguard Total Corporate BND | Sold out | 0.00% | −0.07 |
| SPHY SS SPDR P High Yield ETF | Reduce -0.2% | 3.18% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -6.8% | 0.61% | −0.05 |
| COP Conocophillips | Reduce -0.7% | 0.30% | −0.04 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -5.0% | 0.54% | −0.04 |
| GOOG Alphabet Inc. Class C | Reduce -5.4% | 0.17% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -1.9% | 1.23% | −0.03 |
| V Visa Inc. Class A | Reduce -2.6% | 0.63% | −0.02 |
| EQWL Invesco S&P 100 Equal Weight | Reduce -5.6% | 0.55% | −0.02 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.01 |
| ALL Allstate Corp. | Reduce -92.7% | 0.01% | −0.01 |
| TSLA Tesla Inc. | Reduce -61.5% | 0.01% | −0.01 |
| IEMG iShares Core MSCI Emerging | Reduce -2.3% | 1.95% | −0.01 |
| NEM Newmont Corp. | Sold out | 0.00% | −0.01 |
| AMGN Amgen Inc. | Reduce -1.3% | 0.15% | −0.00 |
| BDX Becton Dickinson and Co. | Reduce -1.1% | 0.12% | −0.00 |
| AAPL Apple Inc. | Reduce -5.2% | 2.22% | −0.00 |
| GFS Globalfoundries Inc. | Sold out | 0.00% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -8.6% | 0.05% | −0.00 |
| ALK Alaska Air Group Inc. | Sold out | 0.00% | −0.00 |
| TFC Truist Financial Corp. | Reduce -10.3% | 0.02% | −0.00 |
| CEG Constellation Energy | Sold out | 0.00% | −0.00 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.00 |
| VGIT Vanguard Intermediate-Term T | Sold out | 0.00% | −0.00 |
| AFRM Affirm Holdings Inc. | Sold out | 0.00% | −0.00 |
| MO Altria Group Inc. | Sold out | 0.00% | −0.00 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.00 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.00 |
| FENI Fidelity Enhanced Intl ETF | Sold out | 0.00% | −0.00 |
| IR Ingersoll-Rand Inc. | Sold out | 0.00% | −0.00 |
| SPHQ Invesco S&P 500 Quality ETF | Sold out | 0.00% | −0.00 |
| EFAV iShares MSCI Eafe Min Vol Fa | Sold out | 0.00% | −0.00 |
| IVLU iShares MSCI International V | Sold out | 0.00% | −0.00 |
| LPLA LPL Financial Holdings Inc. | Sold out | 0.00% | −0.00 |
| MDB Mongodb Inc. | Sold out | 0.00% | −0.00 |
| PR Permian Resources Corp. Class A | Reduce -5.3% | 0.00% | −0.00 |
| RYAN Ryan Specialty Holdings Inc. | Sold out | 0.00% | −0.00 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -16.7% | 0.00% | 0.00 |
| OWL Blue Owl Capital Inc. | Reduce -27.4% | 0.00% | 0.00 |
| FANG Diamondback Energy Inc. | Reduce -28.6% | 0.00% | 0.00 |
| PSA Public Storage | Reduce -20.0% | 0.00% | 0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| VTI VG Morningstar TS MKT ETF-US | New | 0.68% | +0.68 |
| PG The Procter & Gamble Co. | New | 0.54% | +0.54 |
| TMO Thermo Fisher Scientific Inc. | New | 0.51% | +0.51 |
| DIS The Walt Disney Co. | New | 0.48% | +0.48 |
| XLRE SS Real Estate Select Sector | Add +69.6% | 0.96% | +0.45 |
| VB Vanguard Most SM-Cap ETF-Usd | New | 0.41% | +0.41 |
| RSP Invesco S&P 500 Equal Weight | Add +0.4% | 5.54% | +0.22 |
| XLB SS Materials Select Sector | Add +24.8% | 0.92% | +0.21 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +2.3% | 1.36% | +0.18 |
| AER Aercap Holdings NV | New | 0.18% | +0.18 |
| USMV iShares MSCI USA Min Vol Fac | Add +0.1% | 5.14% | +0.18 |
| IEFA iShares Core MSCI Eafe ETF | Add +0.1% | 5.11% | +0.12 |
| XLC SS Comm Select Sector SPDR | Add +2.1% | 4.15% | +0.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.9% | 4.77% | +0.11 |
| DUK Duke Energy Corp. | Add +7.4% | 0.52% | +0.08 |
| ITW Illinois Tool Works | New | 0.08% | +0.08 |
| TEVA Teva Pharmaceutical-SP ADR | New | 0.05% | +0.05 |
| SHEL Shell PLC-ADR | New | 0.05% | +0.05 |
| MDT Medtronic PLC | Add +6.8% | 0.29% | +0.04 |
| EIX Edison International | New | 0.04% | +0.04 |
| O Realty Income Corp. | New | 0.03% | +0.03 |
| PYPL PayPal Holdings Inc. | Add +6.8% | 0.12% | +0.03 |
| VCIT Vanguard Int-Term Corporate | Add +1.0% | 4.28% | +0.03 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +2.8% | 0.44% | +0.03 |
| CMCSA Comcast Corp. Class A | Add +4.7% | 0.34% | +0.02 |
| MTUM iShares MSCI USA Momentum Fa | New | 0.02% | +0.02 |
| QUAL iShares MSCI USA Quality Fac | Add +692.0% | 0.02% | +0.02 |
| KMB Kimberly-Clark Corp. | New | 0.01% | +0.01 |
| GLD SPDR Gold Shares | Add +41.8% | 0.03% | +0.01 |
| XOP SS SPDR S&P Og Exp & Prod | New | 0.01% | +0.01 |
| VIS Vanguard Industrials ETF | Add +0.1% | 0.12% | +0.01 |
| T AT&T Inc. | Add +1.4% | 0.05% | +0.01 |
| BMY Bristol-Myers Squibb Co. | New | 0.00% | +0.00 |
| S Sentinelone Inc. Class A | New | 0.00% | +0.00 |
| TPL Texas Pacific Land Corp. | New | 0.00% | +0.00 |
| PFFD Global X US Preferred ETF | Add +1.1% | 0.06% | +0.00 |
| WMS Advanced Drainage Systems Inc. | New | 0.00% | +0.00 |
| ABNB Airbnb Inc. Class A | Add +88.9% | 0.00% | +0.00 |
| BX Blackstone Inc. | New | 0.00% | +0.00 |
| DASH DoorDash Inc. Class A | Add +62.5% | 0.00% | +0.00 |
| FCX Freeport-McMoran Inc. | New | 0.00% | +0.00 |
| HES Hess Corp. | New | 0.00% | +0.00 |
| LULU Lululemon Athletica Inc. | New | 0.00% | +0.00 |
| RBA RB Global Inc. | New | 0.00% | +0.00 |
| VICI Vici Properties Inc. | New | 0.00% | +0.00 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +72.7% | 0.00% | +0.00 |
| CELH Celsius Holdings Inc. | Add +76.5% | 0.00% | 0.00 |
| DDOG Datadog Inc. Class A | Add +50.0% | 0.00% | 0.00 |
| RIVN Rivian Automotive Inc. Class A | Add +17.1% | 0.00% | 0.00 |
| ZS Zscaler Inc. | Add +25.0% | 0.00% | 0.00 |
Notes & Other Activity Q2 2024 → Q3 2024
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Sold out | 200 | $8Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
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 |