BLACKHILL CAPITAL INC
CIK 872162 · View on SEC EDGAR ↗
- Portfolio value
- $2.4B
- Positions
- 47
- As of
- June 30, 2026
#1,349 of 9,443 by 13F value · top 14.3%
Portfolio value QoQ: +24.0% 13F does not disclose cash
- Top 10 holdings weight
- 94.93%
- Top 25 holdings weight
- 99.58%
- Positions above 1%
- 8
- Effective number of positions
- 1.8
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 0.35% Est. buys $7,649,503 · sells $11,551,800
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 90.4% still held
- New positions
- 0
- Increased
- 2
- Decreased
- 4
- Closed
- 2
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +19.1% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 99.2% · Options excluded: 0.0%
Sector breakdown
Retail
74.7%
Healthcare
13.3%
Technology
5.2%
Industrials
2.6%
Energy
1.5%
Communication Services
0.9%
Financial Services
0.4%
Consumer products
0.4%
Utilities
0.1%
Consumer Discretionary
0.0%
Consumer Staples
0.0%
Communications
0.0%
Real Estate
0.0%
Other/Unmapped
0.7%
Full portfolio 47 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| WSM Williams-Sonoma, Inc. Common Stock (DE) | $1,791,205,202 | 74.32% | 7,684,278 | $390,085,941 | Down ×6 | ||
| LLY Eli Lilly and Company Common Stock | $174,062,481 | 7.22% | 145,121 | $40,032,677 | Down ×4 | ||
| AAPL Apple Inc. - Common Stock | $71,819,152 | 2.98% | 248,200 | $8,828,474 | |||
| ABBV AbbVie Inc. Common Stock | $66,209,000 | 2.75% | 263,110 | $8,985,206 | |||
| CAT Caterpillar, Inc. Common Stock | $63,361,550 | 2.63% | 59,500 | $21,208,180 | |||
| ET Energy Transfer LP Common Units | $30,592,000 | 1.27% | 1,600,000 | $7,432,000 | Up ×3 | ||
| NVDA NVIDIA Corporation - Common Stock | $28,002,596 | 1.16% | 139,950 | $3,595,316 | |||
| MSFT Microsoft Corporation - Common Stock | $24,637,971 | 1.02% | 66,050 | $188,242 | |||
| MRK Merck & Company, Inc. Common Stock (new) | $21,698,125 | 0.90% | 168,857 | $1,386,316 | |||
| JNJ Johnson & Johnson Common Stock | $16,301,572 | 0.68% | 64,187 | $611,702 | |||
| ABT Abbott Laboratories Common Stock | $16,145,368 | 0.67% | 177,930 | $-11,424,607 | Down ×1 | ||
| BMY Bristol-Myers Squibb Company Common Stock | $15,866,474 | 0.66% | 275,364 | $-834,353 | |||
| BRKB | $10,626,782 | 0.44% | 21,237 | $450,012 | |||
| MA Mastercard Incorporated Common Stock | $10,272,000 | 0.43% | 20,000 | $278,800 | |||
| DIS Walt Disney Company (The) Common Stock | $9,769,375 | 0.41% | 101,500 | $-13,195 | |||
| AMZN Amazon.com, Inc. - Common Stock | $8,718,477 | 0.36% | 36,580 | $1,099,960 | |||
| PG Procter & Gamble Company (The) Common Stock | $6,579,883 | 0.27% | 44,871 | $98,716 | |||
| GOOG Alphabet Inc. - Class C Capital Stock | $6,239,808 | 0.26% | 17,660 | $1,173,860 | |||
| GOOGL Alphabet Inc. - Class A Common Stock | $5,710,773 | 0.24% | 15,980 | $1,115,564 | |||
| ZTS Zoetis Inc. Class A Common Stock | $4,907,751 | 0.20% | 68,296 | $-6,428,470 | Down ×1 | ||
| BRKA | $4,493,100 | 0.19% | 6 | $184,260 | |||
| EPD Enterprise Products Partners L.P. Common Stock | $3,959,199 | 0.16% | 107,704 | $-116,320 | |||
| ZBH Zimmer Biomet Holdings, Inc. Common Stock | $3,622,581 | 0.15% | 42,079 | $-182,202 | |||
| KMB Kimberly-Clark Corporation - Common Stock | $3,183,330 | 0.13% | 29,000 | $385,700 | |||
| CVX Chevron Corporation Common Stock | $1,914,528 | 0.08% | 11,550 | $-475,167 | |||
| PFE Pfizer, Inc. Common Stock | $1,136,046 | 0.05% | 47,178 | $-188,712 | |||
| WTRG Essential Utilities, Inc. Common Stock | $997,631 | 0.04% | 26,041 | $-51,040 | |||
| AWR American States Water Company Common Stock | $892,404 | 0.04% | 10,800 | $75,708 | |||
| MCD McDonald's Corporation Common Stock | $810,930 | 0.03% | 3,000 | $-121,440 | |||
| AWK American Water Works Company, Inc. Common Stock | $789,480 | 0.03% | 6,000 | $-27,060 | |||
| PM Philip Morris International Inc Common Stock | $759,822 | 0.03% | 4,200 | $65,394 | |||
| FFIV F5, Inc. - Common Stock | $665,536 | 0.03% | 1,600 | $202,608 | |||
| RMD ResMed Inc. Common Stock | $662,592 | 0.03% | 3,400 | $-100,640 | |||
| WY Weyerhaeuser Company Common Stock | $628,186 | 0.03% | 26,240 | $-12,857 | |||
| ELAN Elanco Animal Health Incorporated Common Stock | $464,908 | 0.02% | 18,891 | $12,846 | |||
| CL Colgate-Palmolive Company Common Stock | $458,400 | 0.02% | 5,000 | $32,250 | |||
| MSEX Middlesex Water Company - Common Stock | $374,363 | 0.02% | 6,666 | $27,398 | |||
| CWT California Water Service Group Common Stock | $369,740 | 0.02% | 7,600 | $25,156 | |||
| SPY SPY | $356,956 | 0.01% | 478 | $46,093 | |||
| MDY | $246,872 | 0.01% | 351 | $30,389 | |||
| MGNI Magnite, Inc. - Common Stock | $113,709 | 0.00% | 5,991 | $42,536 | |||
| HSY The Hershey Company Common Stock | $105,270 | 0.00% | 600 | $-19,464 | |||
| TSLA Tesla, Inc. - Common Stock | $84,120 | 0.00% | 200 | $9,770 | |||
| NSC Norfolk Southern Corporation Common Stock | $62,918 | 0.00% | 200 | $5,518 | |||
| AVNS Avanos Medical, Inc. Common Stock | $59,090 | 0.00% | 2,375 | $25,816 | |||
| TR Tootsie Roll Industries, Inc. Common Stock | $52,087 | 0.00% | 1,317 | $-2,552 | Up ×1 | ||
| ED Consolidated Edison, Inc. Common Stock | $27,989 | 0.00% | 253 | $-646 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| ET | $30,592,000 | 1.27% | up ×3 |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| WSM | Trimmed | -246 | +$390.1M |
| LLY | Trimmed | -600 | +$40.0M |
| CAT | Price move only | +0 | +$21.2M |
| ABT | Trimmed | -91K | -$11.4M |
| ABBV | Price move only | +0 | +$9.0M |
| AAPL | Price move only | +0 | +$8.8M |
| ET | Bought more | +400K | +$7.4M |
| ZTS | Trimmed | -28K | -$6.4M |
| NVDA | Price move only | +0 | +$3.6M |
| MRK | Price move only | +0 | +$1.4M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.