CHURCHILL MANAGEMENT Corp

CIK

1094749

Location

LOS ANGELES, CA

Portfolio Value

Mid $9,019,679,143

Diversification

Diversified

Filing Date

Global Rank

#493 / 8,137 ▲ 23 · as of Jun 2025

Top Industry

Asset Management 29.2%

Period ended 1 year ago

Filed Jul 18, 2025 · 1y

22 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2025, never from the firm's own description.

Style

Concentrated

The top 10 positions are 85.4% of the book (60%+)

Turnover

Low turnover

23.4% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 14.7 quarters (12+), a floor since 29.9% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 81.7%; sector active share 66.6% against the combined 13F book's sector weights.

Over time 22 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

145 tracked positions · as of Jun 30, 2025 · Δ vs Mar 31, 2025

Top Position

27.8%

−1.2 pts

Top 5

70.3%

−4.5 pts

Top 10

85.4%

−0.7 pts

HHI

1,334

Diversified−161

Portfolio Trend

22 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2025

Sector	% Portfolio	Value	Positions
Unclassified	78.8%	$7,106,042,150	33
Financial Services	8.4%	$758,516,928	21
Technology	4.5%	$405,444,640	20
Communication Services	1.8%	$164,413,842	10
Healthcare	1.5%	$137,735,755	14
Consumer Cyclical	1.4%	$123,235,438	13
Industrials	1.3%	$121,558,983	14
Energy	0.7%	$66,760,023	5
Consumer Defensive	0.6%	$57,732,750	6
Utilities	0.6%	$57,475,104	7
Real Estate	0.2%	$20,763,530	2

Last Quarter's Activity

Export CSV

Jun 30, 2025 vs Mar 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	+190,006	4,809,901	$1,218,011,230
GILD	Gilead Sciences, Inc.	+120,165	163,496	$18,126,801
PFE	Pfizer Inc	+44,218	371,083	$8,995,051
DASH	DoorDash, Inc.	+42,961	51,677	$12,738,897
JPM	Jpmorgan Chase & Co	+39,275	75,014	$21,747,308
—		+22,412	2,344,665	$0
SPY	Spdr S&P 500 ETF Trust	+21,558	1,067,120	$659,320,092
KEY	Keycorp	+20,500	505,544	$8,806,576
AES	Aes Corp	+17,628	770,025	$8,100,663
GE	General Electric Co	+17,524	121,912	$31,378,929
NVDA	Nvidia Corp	+16,368	388,633	$61,400,127
AROC	Archrock, Inc.	+16,280	475,581	$11,808,676
CCL	Carnival Corp Ltd.	+15,809	562,296	$15,811,763
AAPL	Apple Inc.	+8,898	234,672	$48,147,654
ETR	Entergy Corp	+7,384	82,535	$6,860,309
EVRG	Evergy, Inc.	+6,989	147,233	$10,148,770
VICI	Vici Properties Inc.	+6,647	344,598	$11,233,894
IWB	iShares Russell 1000 ETF	+6,164	798,988	$271,312,355
SPOT	Spotify Technology S.A.	+6,045	10,976	$8,422,323
VZ	Verizon Communications Inc	+5,787	170,204	$7,364,727
NFLX	Netflix Inc	+5,040	38,067	$50,976,661
AIG	American International Group, Inc.	+4,885	179,565	$15,368,968
T	At&T Inc.	+4,793	324,104	$9,379,569
KMI	Kinder Morgan, Inc.	+4,756	500,708	$14,720,815
VTV	VANGUARD VALUE INDEX FUND	+4,637	2,561,737	$452,761,397
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
IWF	iShares Russell 1000 Growth ETF	−801,122	581,381	$246,842,744
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	−384,531	2,305,920	$310,814,956
QQQ	Invesco Qqq Trust, Series 1	−49,601	1,307,145	$721,073,467
XLF	State Street Corp	−34,901	10,077,535	$527,760,507
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	−27,271	3,991,642	$433,212,906
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	−20,115	3,030	$220,250
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	−12,166	1,705,208	$251,552,284
QCOM	Qualcomm Inc	−10,753	34,776	$5,538,425
AVGO	Broadcom Inc.	−9,393	287,866	$79,350,262
ORI	Old Republic International Corp	−7,533	320,694	$12,327,477
AB	Alliancebernstein Holding L.P.	−6,445	314,844	$12,855,080
AMZN	Amazon Com Inc	−5,331	86,429	$18,961,658
—		−4,626	197,166	$7,657,946
VRTX	Vertex Pharmaceuticals Inc	−4,392	21,996	$9,792,619
FNF	Fidelity National Financial, Inc.	−3,283	166,763	$9,348,735
BTSG	BrightSpring Health Services, Inc.	−3,182	115,065	$2,714,383
VOO	VANGUARD 500 INDEX FUND	−2,895	864,054	$490,808,593
VGK	VANGUARD EUROPEAN STOCK INDEX FUND	−2,836	192,387	$14,909,992
EEM	iShares MSCI Emerging Markets ETF	−2,514	289,155	$13,948,837
MET	Metlife Inc	−2,212	106,708	$8,581,457
XLY	State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF	−2,121	1,004,176	$218,237,570
EFA	iShares MSCI EAFE ETF	−2,090	161,299	$14,418,517
OKE	Oneok Inc	−2,009	279,970	$22,853,951
—		−1,926	105,151	$14,582,340
RSP	Victory Portfolios II	−1,906	24,221	$4,401,924
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	685,276	$454,529,865
VB	Vanguard Index Funds	946,160	$224,220,996
MTUM	iShares MSCI USA Momentum Factor ETF	916,637	$220,286,203
PLTR	Palantir Technologies Inc.	174,140	$23,738,764
TTWO	Take Two Interactive Software Inc	51,065	$12,401,135
J	Jacobs Solutions Inc.	92,027	$12,096,949
F	Ford Motor Co	952,223	$10,331,619
GDE	WisdomTree Efficient Gold Plus Equity Strategy Fund	218,257	$10,293,000
COIN	Coinbase Global, Inc.	26,810	$9,396,636
GWRE	Guidewire Software, Inc.	36,148	$8,511,046
AMD	Advanced Micro Devices Inc	55,608	$7,890,775
UBER	Uber Technologies, Inc	83,935	$7,831,135
FFIV	F5, Inc.	26,371	$7,761,512
D	Dominion Energy, Inc	116,182	$6,566,606
FE	Firstenergy Corp	125,801	$5,064,748
EXEL	Exelixis, Inc.	105,320	$4,642,505
CVSA	Covista Inc.	35,171	$4,474,806
MCK	Mckesson Corp	5,098	$3,735,712
PEN	Penumbra Inc	14,542	$3,731,913
VOT	VANGUARD MID-CAP GROWTH INDEX FUND	11,590	$3,296,080
WMT	Walmart Inc.	30,646	$2,996,565
BKNG	Booking Holdings Inc.	481	$2,784,624
CR	Crane Co	12,406	$2,355,775
SHAK	Shake Shack Inc.	15,738	$2,212,762
RKLB	Rocket Lab Corp	60,915	$2,178,929
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
IUSV	iShares Core S&P U.S. Value ETF	1,877,261	$173,252,417
MDT	Medtronic plc	139,656	$12,549,488
UNH	Unitedhealth Group Inc	21,809	$11,422,463
INCY	Incyte Corp	185,009	$11,202,294
MU	Micron Technology Inc	120,219	$10,445,828
STZ	Constellation Brands, Inc.	55,779	$10,236,562
VST	Vistra Corp.	81,149	$9,530,138
GEHC	GE HealthCare Technologies Inc.	112,750	$9,100,052
CFG	Citizens Financial Group Inc	196,232	$8,039,625
DOC	Healthpeak Properties, Inc.	364,478	$7,369,745
AIZ	Assurant, Inc.	32,149	$6,743,252
CAT	Caterpillar Inc	19,797	$6,529,050
NOW	ServiceNow, Inc.	6,886	$5,482,220
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	94,430	$4,822,540
IGV	iShares Expanded Tech-Software Sector ETF	49,220	$4,380,087
IEX	Idex Corp	21,913	$3,965,595
TXT	Textron Inc	29,835	$2,155,578
BAC	Bank Of America Corp	47,131	$1,966,776
XYZ	Block, Inc.	25,236	$1,371,071
FBCG	Fidelity Covington Trust	34,185	$1,366,374
IOT	Samsara Inc.	35,087	$1,344,884
CLBT	Cellebrite DI Ltd.	53,863	$1,046,558
EMN	Eastman Chemical Co	10,378	$914,405
DOCU	Docusign, Inc.	8,592	$699,388
HIMS	Hims & Hers Health, Inc.	16,532	$488,520
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

145 tracked positions · $9,019,679,143 total · filing declares 164 positions · $9,212,665,094 · as of Jun 30, 2025

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 145 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	Added	4,809,901	+190,006	$1,218,011,230	+27.7%	22+	before history	13.50%
QQQ	Invesco Qqq Trust, Series 1	Reduced	1,307,145	-49,601	$721,073,467	+13.3%	12	$382.83	7.99%
SPY	Spdr S&P 500 ETF Trust	Added	1,067,120	+21,558	$659,320,092	+12.7%	22+	before history	7.31%
XLF	State Street Corp Financial Services	Reduced	10,077,535	-34,901	$527,760,507	+4.8%	18	$36.05	5.85%
IVV	iShares Core S&P 500 ETF	Added	826,375	+3,123	$513,096,237	+10.9%	21	unpriced	5.69%
VOO	VANGUARD 500 INDEX FUND	Reduced	864,054	-2,895	$490,808,593	+10.2%	9	unpriced	5.44%
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	NEW	685,276	NEW	$454,529,865	NEW	1	unpriced	5.04%
VTV	VANGUARD VALUE INDEX FUND	Added	2,561,737	+4,637	$452,761,397	+2.5%	18	unpriced	5.02%
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	Reduced	3,991,642	-27,271	$433,212,906	+11.8%	10	unpriced	4.80%
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	Reduced	2,305,920	-384,531	$310,814,956	−20.9%	22+	before history	3.45%
IWB	iShares Russell 1000 ETF	Added	798,988	+6,164	$271,312,355	+11.6%	21	unpriced	3.01%
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	Reduced	1,705,208	-12,166	$251,552,284	+11.8%	20	unpriced	2.79%
IWF	iShares Russell 1000 Growth ETF	Reduced	581,381	-801,122	$246,842,744	−50.6%	10	unpriced	2.74%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Added	532,670	+1,194	$234,721,035	+5.2%	20	$281.55	2.60%
VB	Vanguard Index Funds	NEW	946,160	NEW	$224,220,996	NEW	1	$223.09	2.49%
MTUM	iShares MSCI USA Momentum Factor ETF	NEW	916,637	NEW	$220,286,203	NEW	1	unpriced	2.44%
XLY	State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF	Reduced	1,004,176	-2,121	$218,237,570	+9.8%	22+	before history	2.42%
XLU	State Street(R) Utilities Select Sector SPDR(R) ETF	Added	976,447	+465	$79,736,662	+3.6%	5	unpriced	0.88%
AVGO	Broadcom Inc. Technology	Reduced	287,866	-9,393	$79,350,262	+59.4%	22+	before history	0.88%
NVDA	Nvidia Corp Technology	Added	388,633	+16,368	$61,400,127	+52.2%	10	unpriced	0.68%
MSFT	Microsoft Corp Technology	Added	104,880	+2,818	$52,168,360	+36.2%	22+	before history	0.58%
NFLX	Netflix Inc Communication Services	Added	38,067	+5,040	$50,976,661	+65.5%	7	$614.12	0.57%
AAPL	Apple Inc. Technology	Added	234,672	+8,898	$48,147,654	−4.0%	22+	before history	0.53%
CAH	Cardinal Health Inc Healthcare	Added	242,896	+1,057	$40,806,528	+22.5%	11	$81.20	0.45%
GOOGL	Alphabet Inc. Communication Services	Added	201,717	+2,118	$35,548,586	+15.2%	22+	before history	0.39%
GE	General Electric Co Industrials	Added	121,912	+17,524	$31,378,929	+50.2%	9	unpriced	0.35%
META	Meta Platforms, Inc. Communication Services	Added	39,627	+113	$29,248,292	+28.4%	8	$319.29	0.32%
CRWD	CrowdStrike Holdings, Inc. Technology	Added	55,426	+200	$28,229,016	+45.0%	2	$381.25	0.31%
STX	Seagate Technology Holdings plc Technology	Added	182,383	+135	$26,323,338	+70.0%	8	$72.80	0.29%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	67,743	-246	$24,837,293	−0.3%	22+	before history	0.28%
GEV	GE Vernova Inc. Industrials	Added	46,827	+101	$24,778,507	+73.7%	5	$252.03	0.27%
WRB	Berkley W R Corp Financial Services	Reduced	333,164	-824	$24,477,559	+3.0%	7	unpriced	0.27%
PLTR	Palantir Technologies Inc. Technology	NEW	174,140	NEW	$23,738,764	NEW	1	$117.28	0.26%
OKE	Oneok Inc Energy	Reduced	279,970	-2,009	$22,853,951	−18.3%	18	$46.53	0.25%
JPM	Jpmorgan Chase & Co Financial Services	Added	75,014	+39,275	$21,747,308	+148.1%	20	$199.58	0.24%
BSX	Boston Scientific Corp Healthcare	Reduced	195,676	-1,016	$21,017,559	+5.9%	17	$44.21	0.23%
WFC	Wells Fargo & Company Financial Services	Added	254,395	+3,409	$20,382,127	+13.1%	2	$75.04	0.23%
IBM	International Business Machines Corp Technology	Reduced	69,028	-275	$20,348,073	+18.1%	8	$145.52	0.23%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	86,429	-5,331	$18,961,658	+8.6%	22+	before history	0.21%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	38,684	+668	$18,791,526	−7.2%	10	$316.96	0.21%
GILD	Gilead Sciences, Inc. Healthcare	Added	163,496	+120,165	$18,126,801	+273.3%	2	$105.57	0.20%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	92,353	-35	$16,820,251	+14.7%	11	$96.57	0.19%
V	Visa Inc. Financial Services	Added	46,963	+773	$16,674,213	+3.0%	8	$245.84	0.18%
TDG	TransDigm Group INC Industrials	Added	10,591	+3,333	$16,105,098	+60.4%	10	$1,024.63	0.18%
DGX	Quest Diagnostics Inc Healthcare	Added	88,809	+393	$15,952,760	+6.6%	2	$164.32	0.18%
CCL	Carnival Corp Ltd. Consumer Cyclical	Added	562,296	+15,809	$15,811,763	+48.1%	8	$17.04	0.18%
XOM	ExxonMobil Holdings Corp Energy	Added	144,884	+908	$15,618,495	−8.8%	18	$67.74	0.17%
AIG	American International Group, Inc. Financial Services	Added	179,565	+4,885	$15,368,968	+1.2%	6	$72.15	0.17%
MO	Altria Group, Inc. Consumer Defensive	Added	258,228	+1,074	$15,139,907	−1.9%	5	$44.97	0.17%
VGK	VANGUARD EUROPEAN STOCK INDEX FUND	Reduced	192,387	-2,836	$14,909,992	+8.8%	2	$68.94	0.17%

Showing the top 50 of 145 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.