CHURCHILL MANAGEMENT Corp

CIK

1094749

Location

LOS ANGELES, CA

Portfolio Value

Mid $2,930,560,275

Diversification

Diversified

Filing Date

Global Rank

#898 / 7,998 ▲ 11 · as of Jun 2025

Top Industry

Semiconductors 12.5%

3Y Alpha vs SPY

+1.3%

Period ended 1 year ago

Filed Jul 18, 2025 · 12mo

22 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+82.4%

SPY

+76.5%

Annualised alpha

+1.3%

Max drawdown

−19.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

24.6%

−0.4 pts

Top 5

59.9%

−0.7 pts

Top 10

67.0%

−0.4 pts

HHI

1,214

Diversified−48

Portfolio Trend

22 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2025

Sector	% Portfolio	Value	Positions
Unclassified	55.1%	$1,615,114,594	3
Technology	13.1%	$384,272,878	20
Financial Services	7.9%	$230,422,841	20
Healthcare	4.7%	$137,735,755	14
Industrials	4.1%	$121,558,983	14
Consumer Cyclical	4.1%	$120,562,198	13
Communication Services	4.0%	$118,161,619	9
Energy	2.3%	$66,760,023	5
Consumer Defensive	2.0%	$57,732,750	6
Utilities	2.0%	$57,475,104	7
Real Estate	0.7%	$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
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
SPY	Spdr S&P 500 ETF Trust	+21,558	1,067,120	$659,320,092
KEY	Keycorp /New/	+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 /De/	+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
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	$5,097,666
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
LNC	Lincoln National Corp	+4,039	300,271	$10,389,376
BIPC	Brookfield Infrastructure Corp	+3,846	286,303	$11,910,204
WFC	Wells Fargo & Company/Mn	+3,409	254,395	$20,382,127
TDG	TransDigm Group INC	+3,333	10,591	$16,105,098
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
QQQ	Invesco Qqq Trust, Series 1	−49,601	1,307,145	$721,073,467
QCOM	Qualcomm Inc/De	−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
JHG	Janus Henderson Group Ltc.	−4,626	197,166	$7,657,927
VRTX	Vertex Pharmaceuticals Inc / Ma	−4,392	21,996	$9,792,619
FNF	Fidelity National Financial, Inc.	−3,283	166,763	$9,015,174
BTSG	BrightSpring Health Services, Inc.	−3,182	115,065	$2,714,383
MET	Metlife Inc	−2,212	106,708	$8,581,457
OKE	Oneok Inc /New/	−2,009	279,970	$22,853,951
JXN	Jackson Financial Inc.	−1,739	156,137	$13,863,404
CARR	CARRIER GLOBAL Corp	−1,336	129,637	$9,488,132
WAY	Waystar Holding Corp.	−1,040	49,404	$2,019,141
BSX	Boston Scientific Corp	−1,016	195,676	$21,017,559
CPNG	Coupang, Inc.	−911	77,250	$2,314,410
CAVA	Cava Group, Inc.	−877	45,373	$3,821,767
WRB	Berkley W R Corp	−824	333,164	$24,477,559
GLW	Corning Inc /Ny	−788	42,532	$2,236,757
FTNT	Fortinet, Inc.	−514	20,352	$2,151,613
DUK	Duke Energy CORP	−456	74,778	$8,823,804
SEIC	Sei Investments Co	−403	20,952	$1,882,746
DIS	Walt Disney Co	−384	56,659	$7,026,282
TOST	Toast, Inc.	−361	29,735	$1,316,963
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
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
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
WMT	Walmart Inc.	30,646	$2,996,565
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
ETN	Eaton Corp plc	3,600	$1,285,164
BA	Boeing Co	5,487	$1,149,691
C	Citigroup Inc	13,392	$1,139,927
HNGE	Hinge Health, Inc.	15,996	$827,793
AS	Amer Sports, Inc.	16,698	$647,214
UPS	United Parcel Service Inc	5,103	$515,096
No positions match the current search.

Sold Out

Positions the filer fully exited

22 positions

Ticker	Company	Shares	Value
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/Ri	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
IEX	Idex Corp /De/	21,913	$3,965,595
TXT	Textron Inc	29,835	$2,155,578
BAC	Bank Of America Corp /De/	47,131	$1,966,776
XYZ	Block, Inc.	25,236	$1,371,071
IOT	Samsara Inc.	35,087	$1,344,884
NOW	ServiceNow, Inc.	6,886	$1,096,444
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
SLV	iShares Silver Trust	15,400	$477,246
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

113 positions · $2,930,560,275 total · 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 113 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
QQQ	Invesco Qqq Trust, Series 1	Reduced	1,307,145	-49,601	$721,073,467	+13.3%	24.61%
SPY	Spdr S&P 500 ETF Trust	Added	1,067,120	+21,558	$659,320,092	+12.7%	22.50%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Added	532,670	+1,194	$234,721,035	+5.2%	8.01%
AVGO	Broadcom Inc. Technology	Reduced	287,866	-9,393	$79,350,262	+59.4%	2.71%
NVDA	Nvidia Corp Technology	Added	388,633	+16,368	$61,400,127	+52.2%	2.10%
MSFT	Microsoft Corp Technology	Added	104,880	+2,818	$52,168,360	+36.2%	1.78%
AAPL	Apple Inc. Technology	Added	234,672	+8,898	$48,147,654	−4.0%	1.64%
CAH	Cardinal Health Inc Healthcare	Added	242,896	+1,057	$40,806,528	+22.5%	1.39%
GOOGL	Alphabet Inc. Communication Services	Added	201,717	+2,118	$35,548,586	+15.2%	1.21%
GE	General Electric Co Industrials	Added	121,912	+17,524	$31,378,929	+50.2%	1.07%
META	Meta Platforms, Inc. Communication Services	Added	39,627	+113	$29,248,292	+28.4%	1.00%
STX	Seagate Technology Holdings plc Technology	Added	182,383	+135	$26,323,338	+70.0%	0.90%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	67,743	-246	$24,837,293	−0.3%	0.85%
GEV	GE Vernova Inc. Industrials	Added	46,827	+101	$24,778,507	+73.7%	0.85%
WRB	Berkley W R Corp Financial Services	Reduced	333,164	-824	$24,477,559	+3.0%	0.84%
PLTR	Palantir Technologies Inc. Technology	NEW	174,140	NEW	$23,738,764	NEW	0.81%
OKE	Oneok Inc /New/ Energy	Reduced	279,970	-2,009	$22,853,951	−18.3%	0.78%
JPM	Jpmorgan Chase & Co Financial Services	Added	75,014	+39,275	$21,747,308	+148.1%	0.74%
BSX	Boston Scientific Corp Healthcare	Reduced	195,676	-1,016	$21,017,559	+5.9%	0.72%
WFC	Wells Fargo & Company/Mn Financial Services	Added	254,395	+3,409	$20,382,127	+13.1%	0.70%
IBM	International Business Machines Corp Technology	Reduced	69,028	-275	$20,348,073	+18.1%	0.69%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	86,429	-5,331	$18,961,658	+8.6%	0.65%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	38,684	+668	$18,791,526	−7.2%	0.64%
GILD	Gilead Sciences, Inc. Healthcare	Added	163,496	+120,165	$18,126,801	+273.3%	0.62%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	92,353	-35	$16,820,251	+14.7%	0.57%
V	Visa Inc. Financial Services	Added	46,963	+773	$16,674,213	+3.0%	0.57%
TDG	TransDigm Group INC Industrials	Added	10,591	+3,333	$16,105,098	+60.4%	0.55%
DGX	Quest Diagnostics Inc Healthcare	Added	88,809	+393	$15,952,760	+6.6%	0.54%
CCL	Carnival Corp Ltd. Consumer Cyclical	Added	562,296	+15,809	$15,811,763	+48.1%	0.54%
XOM	Exxon Mobil Corp Energy	Added	144,884	+908	$15,618,495	−8.8%	0.53%
AIG	American International Group, Inc. Financial Services	Added	179,565	+4,885	$15,368,968	+1.2%	0.52%
MO	Altria Group, Inc. Consumer Defensive	Added	258,228	+1,074	$15,139,907	−1.9%	0.52%
KMI	Kinder Morgan, Inc. Energy	Added	500,708	+4,756	$14,720,815	+4.0%	0.50%
AZO	Autozone Inc Consumer Cyclical	Added	3,940	+125	$14,626,186	+0.6%	0.50%
GWW	W.W. Grainger, Inc. Industrials	Added	13,693	+402	$14,244,006	+8.5%	0.49%
JXN	Jackson Financial Inc. Financial Services	Reduced	156,137	-1,739	$13,863,404	+4.8%	0.47%
CMG	Chipotle Mexican Grill Inc Consumer Cyclical	Added	229,286	+1,819	$12,874,408	+12.7%	0.44%
AB	Alliancebernstein Holding L.P. Financial Services	Reduced	314,844	-6,445	$12,855,080	+4.4%	0.44%
DASH	DoorDash, Inc. Consumer Cyclical	Added	51,677	+42,961	$12,738,897	+699.7%	0.43%
TTWO	Take Two Interactive Software Inc Communication Services	NEW	51,065	NEW	$12,401,135	NEW	0.42%
ORI	Old Republic International Corp Financial Services	Reduced	320,694	-7,533	$12,327,477	−4.2%	0.42%
J	Jacobs Solutions Inc. Industrials	NEW	92,027	NEW	$12,096,949	NEW	0.41%
BIPC	Brookfield Infrastructure Corp Utilities	Added	286,303	+3,846	$11,910,204	+16.5%	0.41%
AROC	Archrock, Inc. Energy	Added	475,581	+16,280	$11,808,676	−2.0%	0.40%
VICI	Vici Properties Inc. Real Estate	Added	344,598	+6,647	$11,233,894	+1.9%	0.38%
ADI	Analog Devices Inc Technology	Added	44,797	+1,914	$10,662,581	+23.3%	0.36%
LNC	Lincoln National Corp Financial Services	Added	300,271	+4,039	$10,389,376	−2.3%	0.35%
F	Ford Motor Co Consumer Cyclical	NEW	952,223	NEW	$10,331,619	NEW	0.35%
EVRG	Evergy, Inc. Utilities	Added	147,233	+6,989	$10,148,770	+5.0%	0.35%
VRTX	Vertex Pharmaceuticals Inc / Ma Healthcare	Reduced	21,996	-4,392	$9,792,619	−23.5%	0.33%