Mill Capital Management 13F annual report
Mill Capital Management is an investment fund managing more than $1.2 trillion ran by Paul Clark. There are currently 112 companies in Mr. Clark’s portfolio. The largest investments include Apple Inc and Berkshire Hathaway, together worth $228 billion.
$1.2 trillion Assets Under Management (AUM)
As of 23rd April 2024, Mill Capital Management’s top holding is 581,810 shares of Apple Inc currently worth over $99.8 billion and making up 8.3% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Mill Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 70,283 shares of Berkshire Hathaway worth $128 billion, whose value grew 19.2% in the past six months.
The third-largest holding is Microsoft worth $91.4 billion and the next is Alphabet Inc worth $72.7 billion, with 478,281 shares owned.
Currently, Mill Capital Management's portfolio is worth at least $1.2 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Mill Capital Management
The Mill Capital Management office and employees reside in Concord, North Carolina. According to the last 13-F report filed with the SEC, Paul Clark serves as the CCO/ Principal at Mill Capital Management.
Recent trades
In the most recent 13F filing, Mill Capital Management revealed that it had opened a new position in
Corpay Inc and bought 50,296 shares worth $15.5 billion.
The investment fund also strengthened its position in Berkshire Hathaway by buying
1,566 additional shares.
This makes their stake in Berkshire Hathaway total 70,283 shares worth $128 billion.
Berkshire Hathaway dropped approximately 0.1% in the past year.
On the other hand, there are companies that Mill Capital Management is getting rid of from its portfolio.
Mill Capital Management closed its position in Fleetcor Technologies Inc on 30th April 2024.
It sold the previously owned 50,270 shares for $14.2 billion.
Paul Clark also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $99.8 billion and 581,810 shares.
One of the largest hedge funds
The two most similar investment funds to Mill Capital Management are Rehmann Capital Advisory and Schaper Benz & Wise Investment Counsel Inc/wi. They manage $1.2 trillion and $1.2 trillion respectively.
Paul Clark investment strategy
Mill Capital Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Finance — making up 21.9% of
the total portfolio value.
The fund focuses on investments in the United States as
54.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
59% of the total holdings value.
On the other hand, small-cap stocks make up only 2.7% of the portfolio.
The average market cap of the portfolio companies is close to $192 billion.
The complete list of Mill Capital Management trades based on 13F SEC filings
These positions were updated on April 30th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Apple Inc |
0.93%
581,810
|
$99,768,793,000 | 8.33% |
| Berkshire Hathaway Inc. |
2.28%
70,283
|
$127,828,427,000 | 10.68% |
| Microsoft Corporation |
5.52%
217,131
|
$91,351,375,000 | 7.63% |
| Alphabet Inc |
2.51%
478,281
|
$72,715,875,000 | 6.07% |
| Visa Inc |
0.55%
204,474
|
$57,064,619,000 | 4.77% |
| Thermo Fisher Scientific Inc. |
0.39%
77,109
|
$44,816,525,000 | 3.74% |
| JPMorgan Chase & Co. |
5.10%
211,772
|
$42,417,972,000 | 3.54% |
| Amazon.com Inc. |
10.09%
196,375
|
$35,422,123,000 | 2.96% |
| Transdigm Group Incorporated |
2.11%
26,717
|
$32,904,658,000 | 2.75% |
| Union Pac Corp |
0.44%
126,977
|
$31,227,477,000 | 2.61% |
| American Express Co. |
0.05%
127,362
|
$28,999,054,000 | 2.42% |
| Comcast Corp New |
3.31%
648,052
|
$28,093,074,000 | 2.35% |
| Exxon Mobil Corp. |
0.17%
230,303
|
$26,770,363,000 | 2.24% |
| Copart, Inc. |
0.45%
430,856
|
$24,955,180,000 | 2.08% |
| Unitedhealth Group Inc |
13.69%
48,919
|
$24,200,245,000 | 2.02% |
| Disney Walt Co |
0.33%
191,343
|
$23,412,755,000 | 1.96% |
| American Tower Corp. |
0.35%
116,964
|
$23,110,934,000 | 1.93% |
| Fiserv, Inc. |
0.31%
134,993
|
$21,574,582,000 | 1.80% |
| Booking Holdings Inc |
0.66%
5,575
|
$20,225,431,000 | 1.69% |
| Micron Technology Inc. |
0.02%
159,918
|
$18,852,739,000 | 1.57% |
| Intercontinental Exchange In |
0.60%
135,878
|
$18,673,714,000 | 1.56% |
| Johnson & Johnson |
0.09%
115,391
|
$18,253,728,000 | 1.52% |
| Linde Plc. |
0.48%
38,459
|
$17,857,283,000 | 1.49% |
| Diageo plc |
0.18%
109,112
|
$16,229,319,000 | 1.36% |
| Corpay Inc |
Opened
50,296
|
$15,518,328,000 | 1.30% |
| Pioneer Nat Res Co |
0.99%
58,572
|
$15,375,162,000 | 1.28% |
| Salesforce Inc |
0.90%
50,173
|
$15,111,105,000 | 1.26% |
| Fleetcor Technologies Inc |
Closed
50,270
|
$14,206,805,000 | |
| Laboratory Corp Amer Hldgs |
0.45%
62,809
|
$13,721,255,000 | 1.15% |
| L3Harris Technologies Inc |
0.70%
59,611
|
$12,703,118,000 | 1.06% |
| Lauder Estee Cos Inc |
0.11%
76,018
|
$11,718,175,000 | 0.98% |
| Merck & Co Inc |
0.45%
87,548
|
$11,551,959,000 | 0.96% |
| Schwab Charles Corp |
0.12%
151,231
|
$10,940,056,000 | 0.91% |
| Zoetis Inc |
1.06%
47,114
|
$7,972,160,000 | 0.67% |
| Philip Morris International Inc |
3.49%
77,923
|
$7,139,306,000 | 0.60% |
| Procter And Gamble Co |
4.34%
38,566
|
$6,257,334,000 | 0.52% |
| Pfizer Inc. |
0.98%
202,970
|
$5,632,418,000 | 0.47% |
| Elevance Health Inc |
No change
10,458
|
$5,422,892,000 | 0.45% |
| Trane Technologies plc |
No change
17,979
|
$5,397,296,000 | 0.45% |
| Wells Fargo Co New |
0.70%
88,168
|
$5,110,218,000 | 0.43% |
| Mondelez International Inc. |
2.04%
67,432
|
$4,720,240,000 | 0.39% |
| Chevron Corp. |
No change
28,236
|
$4,453,947,000 | 0.37% |
| Lam Research Corp. |
1.11%
4,000
|
$3,886,280,000 | 0.32% |
| Martin Marietta Matls Inc |
No change
6,225
|
$3,821,777,000 | 0.32% |
| Eaton Corp Plc |
No change
11,800
|
$3,689,624,000 | 0.31% |
| Caterpillar Inc. |
No change
9,737
|
$3,567,929,000 | 0.30% |
| General Electric Co |
0.06%
19,467
|
$3,417,043,000 | 0.29% |
| Norfolk Southn Corp |
No change
12,926
|
$3,294,450,000 | 0.28% |
| Yum Brands Inc. |
No change
21,717
|
$3,011,063,000 | 0.25% |
| Coca-Cola Co |
0.09%
46,677
|
$2,855,699,000 | 0.24% |
| Home Depot, Inc. |
No change
7,400
|
$2,838,640,000 | 0.24% |
| Bristol-Myers Squibb Co. |
7.65%
51,533
|
$2,794,635,000 | 0.23% |
| Duke Energy Corp. |
No change
27,018
|
$2,612,911,000 | 0.22% |
| Shell Plc |
No change
38,490
|
$2,580,370,000 | 0.22% |
| Conocophillips |
No change
18,865
|
$2,401,138,000 | 0.20% |
| Republic Svcs Inc |
No change
11,102
|
$2,125,367,000 | 0.18% |
| United Parcel Service, Inc. |
2.76%
14,100
|
$2,095,683,000 | 0.18% |
| Nike, Inc. |
No change
21,949
|
$2,062,768,000 | 0.17% |
| Oracle Corp. |
No change
15,897
|
$1,996,823,000 | 0.17% |
| Texas Instrs Inc |
No change
11,100
|
$1,933,731,000 | 0.16% |
| Becton Dickinson & Co. |
No change
7,078
|
$1,751,452,000 | 0.15% |
| Emerson Elec Co |
No change
14,377
|
$1,630,640,000 | 0.14% |
| Mcdonalds Corp |
0.25%
5,629
|
$1,587,097,000 | 0.13% |
| NextEra Energy Inc |
No change
24,000
|
$1,533,840,000 | 0.13% |
| Stryker Corp. |
13.47%
4,170
|
$1,492,318,000 | 0.12% |
| 3M Co. |
19.94%
13,356
|
$1,416,671,000 | 0.12% |
| Ingersoll Rand Inc. |
No change
14,860
|
$1,410,957,000 | 0.12% |
| Eli Lilly & Co |
No change
1,803
|
$1,402,662,000 | 0.12% |
| Bank America Corp |
No change
36,601
|
$1,387,910,000 | 0.12% |
| Lowes Cos Inc |
No change
5,309
|
$1,352,362,000 | 0.11% |
| Kimberly-Clark Corp. |
No change
9,863
|
$1,275,780,000 | 0.11% |
| Pepsico Inc |
0.43%
7,132
|
$1,248,172,000 | 0.10% |
| Tjx Cos Inc New |
14.83%
11,200
|
$1,135,904,000 | 0.09% |
| Goldman Sachs Group, Inc. |
No change
2,550
|
$1,065,110,000 | 0.09% |
| International Business Machs |
No change
5,465
|
$1,043,597,000 | 0.09% |
| Altria Group Inc. |
12.14%
23,886
|
$1,041,908,000 | 0.09% |
| Loews Corp. |
8.81%
13,200
|
$1,033,428,000 | 0.09% |
| Motorola Solutions Inc |
19.17%
2,910
|
$1,032,992,000 | 0.09% |
| Chubb Limited |
No change
3,892
|
$1,008,534,000 | 0.08% |
| CME Group Inc |
No change
4,500
|
$968,805,000 | 0.08% |
| Zimmer Biomet Holdings Inc |
No change
6,761
|
$892,317,000 | 0.07% |
| First Ctzns Bancshares Inc N |
No change
525
|
$858,375,000 | 0.07% |
| Phillips 66 |
No change
5,145
|
$840,385,000 | 0.07% |
| Abbvie Inc |
No change
4,382
|
$797,963,000 | 0.07% |
| Novartis AG |
3.58%
8,084
|
$781,966,000 | 0.07% |
| Honeywell International Inc |
10.86%
3,488
|
$715,912,000 | 0.06% |
| BP plc |
No change
18,276
|
$688,640,000 | 0.06% |
| Ge Healthcare Technologies I |
0.06%
7,108
|
$646,189,000 | 0.05% |
| Ishares Gold Tr |
Closed
16,250
|
$634,238,000 | |
| Fifth Third Bancorp |
47.72%
16,432
|
$611,435,000 | 0.05% |
| Cummins Inc. |
No change
1,666
|
$490,887,000 | 0.04% |
| Garmin Ltd |
No change
3,000
|
$446,610,000 | 0.04% |
| Yum China Holdings Inc |
No change
10,790
|
$429,335,000 | 0.04% |
| DuPont de Nemours Inc |
No change
5,478
|
$419,999,000 | 0.04% |
| WEC Energy Group Inc |
No change
4,824
|
$396,147,000 | 0.03% |
| Equity Residential |
No change
6,250
|
$394,438,000 | 0.03% |
| Dow Inc |
No change
6,714
|
$388,943,000 | 0.03% |
| Enbridge Inc |
28.99%
9,794
|
$354,347,000 | 0.03% |
| Lincoln Natl Corp Ind |
No change
10,944
|
$349,442,000 | 0.03% |
| Pnc Finl Svcs Group Inc |
37.09%
2,076
|
$335,482,000 | 0.03% |
| Old Rep Intl Corp |
0.89%
9,902
|
$304,185,000 | 0.03% |
| Applied Matls Inc |
No change
1,300
|
$268,099,000 | 0.02% |
| Regions Financial Corp. |
No change
11,880
|
$249,956,000 | 0.02% |
| Automatic Data Processing In |
No change
1,000
|
$249,740,000 | 0.02% |
| Global Pmts Inc |
No change
1,831
|
$244,732,000 | 0.02% |
| Quest Diagnostics, Inc. |
No change
1,808
|
$240,663,000 | 0.02% |
| Broadcom Inc. |
18.60%
175
|
$231,947,000 | 0.02% |
| Travelers Companies Inc. |
Opened
1,000
|
$230,140,000 | 0.02% |
| Illinois Tool Wks Inc |
No change
857
|
$229,959,000 | 0.02% |
| Ishares Tr |
Opened
1,900
|
$207,423,000 | 0.02% |
| SouthState Corporation |
No change
2,439
|
$207,389,000 | 0.02% |
| Ishares Tr |
49.76%
7,697
|
$959,062,000 | 0.08% |
| Old Point Finl Corp |
No change
11,925
|
$203,202,000 | 0.02% |
| Fedex Corp |
Opened
700
|
$202,818,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 114 holdings | |||
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