Mill Capital Management, LLC

CIK

1901166

Location

CONCORD, NC

Portfolio Value

Mid $1,053,208,562

Diversification

Diversified

Filing Date

Global Rank

#1,701 / 8,603 — · as of Mar 2026

Top Industry

Consumer Electronics 12.2%

3Y Alpha vs SPY

-6.0%

Period ended 3 months ago

Filed May 4, 2026 · 2mo

18 quarters · since Dec 2021

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

+54.2%

SPY

+76.5%

Annualised alpha

-5.3%

Max drawdown

−15.1%

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 Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

12.2%

−0.3 pts

Top 5

34.5%

−2.7 pts

Top 10

52.6%

−2.8 pts

HHI

412

Diversified−33

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	30.8%	$324,847,965	17
Financial Services	24.3%	$255,808,466	21
Healthcare	14.9%	$156,699,877	18
Industrials	14.0%	$147,755,724	20
Consumer Cyclical	4.8%	$50,738,475	9
Communication Services	2.6%	$27,006,982	3
Basic Materials	2.4%	$24,861,125	4
Consumer Defensive	2.2%	$23,628,170	8
Real Estate	2.1%	$21,615,209	2
Energy	1.2%	$12,639,642	6
Utilities	0.6%	$5,972,971	3
Unclassified	0.2%	$1,633,956	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

23 positions

Ticker	Company	Δ Shares	Shares	Value
BSX	Boston Scientific Corp	+42,453	149,756	$9,397,189
ZTS	Zoetis Inc.	+11,122	173,822	$20,547,498
BRK-B	Berkshire Hathaway Inc	+9,021	89,884	$43,072,412
APH	Amphenol Corp /De/	+6,520	87,224	$11,020,752
ICE	Intercontinental Exchange, Inc.	+5,079	151,502	$23,828,234
CPRT	Copart Inc	+5,002	449,887	$14,936,248
UNP	Union Pacific Corp	+4,260	134,355	$32,597,210
V	Visa Inc.	+2,919	194,639	$58,827,691
AMZN	Amazon Com Inc	+1,942	193,176	$40,232,765
MSFT	Microsoft Corp	+1,029	201,553	$74,608,874
LIN	Linde PLC	+843	41,092	$20,371,769
OTIS	Otis Worldwide Corp	+606	144,443	$11,133,666
JPM	Jpmorgan Chase & Co	+330	198,511	$58,393,995
AMT	American Tower Corp /Ma/	+329	123,311	$21,281,012
LH	Labcorp Holdings Inc.	+281	64,547	$17,221,785
SPY	Spdr S&P 500 ETF Trust	+87	751	$488,405
VRSN	Verisign Inc/Ca	+65	66,973	$16,633,414
BKNG	Booking Holdings Inc.	+65	5,721	$963,489
TMO	Thermo Fisher Scientific Inc.	+61	80,887	$39,758,387
JNJ	Johnson & Johnson	+60	118,774	$29,033,116
TDG	TransDigm Group INC	+58	24,940	$28,904,462
FDX	Fedex Corp	+50	750	$215,257
LHX	L3harris Technologies, Inc. /De/	+35	62,061	$21,420,354
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CPAY	Corpay, Inc.	−53,685	950	$276,440
CMCSA	Comcast Corp	−36,971	150,777	$4,328,807
MU	Micron Technology Inc	−12,537	121,997	$41,215,466
MDLZ	Mondelez International, Inc.	−6,174	34,615	$1,995,208
PFE	Pfizer Inc	−4,400	153,865	$4,320,529
GOOGL	Alphabet Inc.	−3,765	75,969	$21,845,645
BMY	Bristol Myers Squibb Co	−3,500	42,868	$2,599,944
SHEL	Shell plc	−2,556	31,662	$2,944,566
AAPL	Apple Inc.	−2,470	505,298	$128,239,579
COP	Conocophillips	−2,125	16,741	$2,209,812
LNC	Lincoln National Corp	−2,022	8,222	$291,881
WFC	Wells Fargo & Company/Mn	−2,000	79,494	$6,328,517
PG	PROCTER & GAMBLE Co	−1,923	35,663	$5,151,163
L	Loews Corp	−1,833	9,266	$989,052
ENB	Enbridge Inc	−1,805	7,421	$401,772
IR	Ingersoll Rand Inc.	−1,764	13,095	$1,049,171
DUK	Duke Energy CORP	−1,659	24,327	$3,185,377
ORI	Old Republic International Corp	−1,585	9,423	$375,977
YUM	Yum Brands Inc	−1,552	15,417	$2,397,035
RF	Regions Financial Corp	−1,290	10,880	$284,185
BDX	Becton Dickinson & Co	−1,199	4,343	$682,849
YUMC	Yum China Holdings, Inc.	−951	5,182	$252,777
PEP	Pepsico Inc	−860	3,869	$600,817
UNH	Unitedhealth Group Inc	−804	59,471	$16,092,257
IBM	International Business Machines Corp	−711	3,405	$825,337
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
SPGI	S&P Global Inc.	43,470	$17,492,458
DD	DuPont de Nemours, Inc.	4,532	$622,696
LMT	Lockheed Martin Corp	375	$226,646
DOW	Dow Inc.	4,853	$202,127
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
TFC	Truist Financial Corp	4,509	$221,887
CTVA	Corteva, Inc.	3,039	$203,704
SOLV	Solventum Corp	2,533	$200,714
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

113 positions · $1,053,208,562 total · as of Mar 31, 2026

All sectors Basic Materials 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
AAPL	Apple Inc. Technology	Reduced	505,298	-2,470	$128,239,579	−7.1%	12.18%
MSFT	Microsoft Corp Technology	Added	201,553	+1,029	$74,608,874	−23.1%	7.08%
V	Visa Inc. Financial Services	Added	194,639	+2,919	$58,827,691	−12.5%	5.59%
JPM	Jpmorgan Chase & Co Financial Services	Added	198,511	+330	$58,393,995	−8.6%	5.54%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	89,884	+9,021	$43,072,412	+6.0%	4.09%
MU	Micron Technology Inc Technology	Reduced	121,997	-12,537	$41,215,466	+7.3%	3.91%
AMZN	Amazon Com Inc Consumer Cyclical	Added	193,176	+1,942	$40,232,765	−8.9%	3.82%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	80,887	+61	$39,758,387	−15.1%	3.77%
AXP	American Express Co Financial Services	Reduced	121,534	-235	$36,761,604	−18.4%	3.49%
UNP	Union Pacific Corp Industrials	Added	134,355	+4,260	$32,597,210	+8.3%	3.10%
JNJ	Johnson & Johnson Healthcare	Added	118,774	+60	$29,033,116	+18.2%	2.76%
TDG	TransDigm Group INC Industrials	Added	24,940	+58	$28,904,462	−12.6%	2.74%
ASML	Asml Holding NV Technology	Reduced	20,118	-68	$26,572,457	+23.0%	2.52%
ICE	Intercontinental Exchange, Inc. Financial Services	Added	151,502	+5,079	$23,828,234	+0.5%	2.26%
GOOGL	Alphabet Inc. Communication Services	Reduced	75,969	-3,765	$21,845,645	−12.5%	2.07%
LHX	L3harris Technologies, Inc. /De/ Industrials	Added	62,061	+35	$21,420,354	+17.6%	2.03%
AMT	American Tower Corp /Ma/ Real Estate	Added	123,311	+329	$21,281,012	−1.4%	2.02%
ZTS	Zoetis Inc. Healthcare	Added	173,822	+11,122	$20,547,498	+0.4%	1.95%
LIN	Linde PLC Basic Materials	Added	41,092	+843	$20,371,769	+18.7%	1.93%
SPGI	S&P Global Inc. Financial Services	NEW	43,470	NEW	$17,492,458	NEW	1.66%
LH	Labcorp Holdings Inc. Healthcare	Added	64,547	+281	$17,221,785	+6.8%	1.64%
VRSN	Verisign Inc/Ca Technology	Added	66,973	+65	$16,633,414	+2.3%	1.58%
UNH	Unitedhealth Group Inc Healthcare	Reduced	59,471	-804	$16,092,257	−19.1%	1.53%
CPRT	Copart Inc Industrials	Added	449,887	+5,002	$14,936,248	−14.2%	1.42%
PM	Philip Morris International Inc. Consumer Defensive	Held	72,222	0	$11,941,185	+3.1%	1.13%
CRM	Salesforce, Inc. Technology	Reduced	59,943	-98	$11,189,559	−29.6%	1.06%
OTIS	Otis Worldwide Corp Industrials	Added	144,443	+606	$11,133,666	−11.4%	1.06%
APH	Amphenol Corp /De/ Technology	Added	87,224	+6,520	$11,020,752	+1.0%	1.05%
BSX	Boston Scientific Corp Healthcare	Added	149,756	+42,453	$9,397,189	−8.2%	0.89%
MRK	Merck & Co., Inc. Healthcare	Held	64,423	0	$7,749,442	+14.3%	0.74%
LRCX	Lam Research Corp Technology	Reduced	34,650	-500	$7,403,319	+23.0%	0.70%
TT	Trane Technologies plc Industrials	Reduced	17,629	-200	$7,346,709	+5.9%	0.70%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	79,494	-2,000	$6,328,517	−16.7%	0.60%
CAT	Caterpillar Inc Industrials	Reduced	8,458	-341	$5,992,154	+18.9%	0.57%
CVX	Chevron Corp Energy	Reduced	27,686	-68	$5,728,233	+35.4%	0.54%
GE	General Electric Co Industrials	Held	19,265	0	$5,466,829	−7.9%	0.52%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	35,663	-1,923	$5,151,163	−4.4%	0.49%
CMCSA	Comcast Corp Communication Services	Reduced	150,777	-36,971	$4,328,807	−17.7%	0.41%
PFE	Pfizer Inc Healthcare	Reduced	153,865	-4,400	$4,320,529	+9.6%	0.41%
ETN	Eaton Corp plc Industrials	Held	11,850	0	$4,238,389	+12.3%	0.40%
GEV	GE Vernova Inc. Industrials	Held	4,386	0	$3,828,539	+33.6%	0.36%
MLM	Martin Marietta Materials Inc Basic Materials	Held	6,225	0	$3,664,533	−5.5%	0.35%
DUK	Duke Energy CORP Utilities	Reduced	24,327	-1,659	$3,185,377	+4.6%	0.30%
ELV	Elevance Health, Inc. Healthcare	Held	10,142	0	$2,969,070	−16.5%	0.28%
SHEL	Shell plc Energy	Reduced	31,662	-2,556	$2,944,566	+17.1%	0.28%
NSC	Norfolk Southern Corp Industrials	Held	9,138	0	$2,622,606	−0.6%	0.25%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	42,868	-3,500	$2,599,944	+4.0%	0.25%
KO	Coca Cola Co Consumer Defensive	Reduced	34,017	-32	$2,586,992	+8.7%	0.25%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	7,300	-77	$2,400,897	−5.4%	0.23%
YUM	Yum Brands Inc Consumer Cyclical	Reduced	15,417	-1,552	$2,397,035	−6.6%	0.23%