MIDDLETON & CO INC/MA
CIK 919497 · View on SEC EDGAR ↗
- Portfolio value
- $941.9M
- Positions
- 170
- As of
- June 30, 2026
#2,553 of 9,443 by 13F value · top 27.0%
Portfolio value QoQ: +7.4% 13F does not disclose cash
- Top 10 holdings weight
- 41.80%
- Top 25 holdings weight
- 64.16%
- Positions above 1%
- 30
- Effective number of positions
- 37.6
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 2.85% Est. buys $25,873,058 · sells $37,415,596
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 89.5% still held
- New positions
- 11
- Increased
- 45
- Decreased
- 78
- Closed
- 5
On this page
- 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.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
25.8%
Healthcare
11.3%
Retail
11.1%
Communication Services
9.4%
Industrials
7.6%
Financial Services
4.8%
Financials
3.5%
Utilities
3.1%
Real Estate
2.3%
Energy
2.1%
Consumer Staples
1.6%
Materials
0.9%
Consumer Discretionary
0.3%
Consumer products
0.2%
Packaging
0.1%
Communications
0.1%
Other/Unmapped
15.8%
Full portfolio 170 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| GOOGL Alphabet Inc. - Class A Common Stock | $69,998,598 | 7.43% | 195,871 | $10,257,145 | Down ×6 | ||
| AAPL Apple Inc. - Common Stock | $63,741,089 | 6.77% | 220,283 | $6,873,095 | Down ×6 | ||
| AMZN Amazon.com, Inc. - Common Stock | $57,185,870 | 6.07% | 239,934 | $6,089,116 | Down ×6 | ||
| AVGO Broadcom Inc. - Common Stock | $45,778,767 | 4.86% | 121,188 | $5,961,853 | Down ×6 | ||
| IVV | $36,173,090 | 3.84% | 48,302 | $4,518,354 | Down ×1 | ||
| PANW Palo Alto Networks, Inc. - Common Stock | $31,258,916 | 3.32% | 91,663 | $15,024,272 | Down ×1 | ||
| V Visa Inc. | $23,823,140 | 2.53% | 69,437 | $2,459,306 | Down ×6 | ||
| JPM JP Morgan Chase & Co. Common Stock | $22,405,084 | 2.38% | 68,448 | $1,341,463 | Down ×6 | ||
| COST Costco Wholesale Corporation - Common Stock | $22,291,315 | 2.37% | 23,829 | $-2,137,163 | Down ×2 | ||
| MSFT Microsoft Corporation - Common Stock | $21,056,106 | 2.24% | 56,448 | $-95,652 | Down ×6 | ||
| ABBV AbbVie Inc. Common Stock | $18,926,599 | 2.01% | 75,213 | $1,951,939 | Down ×6 | ||
| ORLY O'Reilly Automotive, Inc. - Common Stock | $17,949,814 | 1.91% | 194,916 | $-558,618 | Down ×4 | ||
| NVDA NVIDIA Corporation - Common Stock | $16,326,544 | 1.73% | 81,596 | $3,465,939 | Up ×6 | ||
| LLY Eli Lilly and Company Common Stock | $15,616,579 | 1.66% | 13,020 | $3,690,841 | Up ×4 | ||
| XOM Exxon Mobil Corporation Common Stock | $15,561,594 | 1.65% | 113,821 | $-4,089,428 | Down ×1 | ||
| NEE NextEra Energy, Inc. Common Stock | $14,853,229 | 1.58% | 169,229 | $-1,244,361 | Down ×6 | ||
| QCOM QUALCOMM Incorporated - Common Stock | $14,347,890 | 1.52% | 77,644 | $3,318,102 | Down ×2 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $14,170,209 | 1.50% | 110,274 | $-522,613 | Down ×2 | ||
| BRKB | $12,877,036 | 1.37% | 25,734 | $959,811 | Up ×1 | ||
| DHR Danaher Corporation Common Stock | $12,679,572 | 1.35% | 66,566 | $-291,518 | Down ×6 | ||
| IEF iShares 7-10 Year Treasury Bond ETF | $11,972,657 | 1.27% | 126,601 | $-1,049,940 | Down ×1 | ||
| EQIX Equinix, Inc. - Common Stock | $11,932,801 | 1.27% | 11,448 | $-177,613 | Down ×1 | ||
| ETN Eaton Corporation, PLC Ordinary Shares | $11,413,198 | 1.21% | 26,784 | $1,925,644 | Up ×6 | ||
| NOW ServiceNow, Inc. Common Stock | $11,228,568 | 1.19% | 113,100 | $-236,490 | Up ×4 | ||
| VGSH Vanguard Short-Term Treasury ETF | $10,757,048 | 1.14% | 184,829 | $-27,718 | Up ×6 | ||
| VGIT Vanguard Intermediate-Term Treasury ETF | $10,484,521 | 1.11% | 177,764 | $270,505 | Up ×6 | ||
| IQLT | $10,374,829 | 1.10% | 209,381 | $1,114,683 | Up ×3 | ||
| SPGI S&P Global Inc. Common Stock | $10,238,109 | 1.09% | 25,139 | $-725,455 | Down ×1 | ||
| STE STERIS plc (Ireland) Ordinary Shares | $9,804,139 | 1.04% | 46,560 | $-843,934 | Down ×2 | ||
| XYL Xylem Inc. Common Stock New | $9,513,186 | 1.01% | 80,477 | $-320,827 | Down ×1 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $9,249,897 | 0.98% | 26,179 | $733,827 | Down ×6 | ||
| CRM Salesforce, Inc. Common Stock | $9,239,807 | 0.98% | 58,980 | $-2,000,714 | Down ×2 | ||
| SNPS Synopsys, Inc. - Common Stock | $9,109,195 | 0.97% | 20,421 | $839,415 | Down ×1 | ||
| VRSK Verisk Analytics, Inc. - Common Stock | $8,406,971 | 0.89% | 46,828 | $-259,796 | Up ×3 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $8,156,799 | 0.87% | 14,481 | $229,000 | Up ×1 | ||
| ECL Ecolab Inc. Common Stock | $8,001,958 | 0.85% | 28,721 | $65,783 | Down ×6 | ||
| AMT American Tower Corporation (REIT) Common Stock | $7,911,063 | 0.84% | 48,365 | $-910,019 | Down ×6 | ||
| SYK Stryker Corporation Common Stock | $7,753,897 | 0.82% | 24,628 | $-317,935 | Up ×3 | ||
| MDLZ Mondelez International, Inc. - Class A Common Stock | $7,057,984 | 0.75% | 122,026 | $40,833 | Up ×2 | ||
| WCN Waste Connections, Inc. Common Shares | $6,978,310 | 0.74% | 41,864 | $1,324,911 | Up ×5 | ||
| IDXX IDEXX Laboratories, Inc. - Common Stock | $6,926,898 | 0.74% | 13,158 | $-465,327 | Up ×2 | ||
| MSCI MSCI Inc. Common Stock | $6,659,436 | 0.71% | 11,891 | $-12,969 | Down ×3 | ||
| LRCX Lam Research Corporation - Common Stock | $6,592,206 | 0.70% | 15,213 | $3,295,240 | Down ×3 | ||
| AWK American Water Works Company, Inc. Common Stock | $6,577,684 | 0.70% | 49,990 | $-35,473 | Up ×4 | ||
| IJR | $6,486,931 | 0.69% | 43,739 | $932,760 | Down ×1 | ||
| IQV IQVIA Holdings, Inc. Common Stock | $6,421,377 | 0.68% | 33,233 | $563,413 | Down ×2 | ||
| PAAA | $6,119,844 | 0.65% | 119,365 | $845,745 | Up ×3 | ||
| APH Amphenol Corporation Common Stock | $6,080,219 | 0.65% | 34,484 | $3,755,632 | Up ×1 | ||
| IJH | $6,007,255 | 0.64% | 77,905 | $616,335 | Down ×1 | ||
| CB Chubb Limited Common Stock | $5,696,832 | 0.60% | 16,719 | $44,880 | Down ×2 | ||
| INTU Intuit Inc. - Common Stock | $5,678,231 | 0.60% | 21,756 | $-4,315,659 | Down ×2 | ||
| PEP PepsiCo, Inc. - Common Stock | $5,456,214 | 0.58% | 40,297 | $-46,177 | Up ×6 | ||
| ODFL Old Dominion Freight Line, Inc. - Common Stock | $5,279,842 | 0.56% | 24,376 | $113,857 | Down ×2 | ||
| EXC Exelon Corporation - Common Stock | $4,638,037 | 0.49% | 99,486 | $-187,051 | Up ×3 | ||
| UBER Uber Technologies, Inc. Common Stock | $4,243,730 | 0.45% | 58,810 | $2,041,233 | Up ×4 | ||
| VCSH Vanguard Short-Term Corporate Bond ETF | $4,141,220 | 0.44% | 52,401 | $-283,679 | Down ×6 | ||
| IWF | $3,575,208 | 0.38% | 28,793 | $474,976 | Up ×1 | ||
| CEG Constellation Energy Corporation - Common Stock When-Issued | $3,572,057 | 0.38% | 14,382 | $-694,045 | Down ×2 | ||
| JNJ Johnson & Johnson Common Stock | $3,354,944 | 0.36% | 13,210 | $779,035 | Up ×1 | ||
| WSO Watsco, Inc. Common Stock | $2,970,035 | 0.32% | 7,127 | $299,816 | Down ×6 | ||
| ABT Abbott Laboratories Common Stock | $2,883,270 | 0.31% | 31,775 | $-438,625 | Down ×1 | ||
| SPY SPY | $2,794,413 | 0.30% | 3,742 | $-587,355 | Down ×3 | ||
| BMI Badger Meter, Inc. Common Stock | $2,716,986 | 0.29% | 18,311 | Up ×1 | |||
| TMO Thermo Fisher Scientific Inc Common Stock | $2,550,418 | 0.27% | 5,087 | $25,428 | Down ×1 | ||
| IWR | $2,548,681 | 0.27% | 23,103 | $265,952 | Down ×6 | ||
| HD Home Depot, Inc. (The) Common Stock | $2,414,624 | 0.26% | 6,846 | $-70,469 | Down ×6 | ||
| ADBE Adobe Inc. - Common Stock | $2,400,005 | 0.25% | 11,706 | $-2,332,209 | Down ×2 | ||
| CVX Chevron Corporation Common Stock | $2,275,212 | 0.24% | 13,726 | $-792,378 | Down ×6 | ||
| BRKA | $2,246,550 | 0.24% | 3 | $92,130 | |||
| MA Mastercard Incorporated Common Stock | $2,084,001 | 0.22% | 4,058 | $69,055 | Up ×1 | ||
| PG Procter & Gamble Company (The) Common Stock | $2,043,575 | 0.22% | 13,936 | $37,881 | Up ×2 | ||
| RTX RTX Corporation Common Stock | $1,993,967 | 0.21% | 10,509 | $-205,479 | Down ×4 | ||
| ISHG iShares 1-3 Year International Treasury Bond ETF | $1,990,360 | 0.21% | 26,808 | $425,593 | Up ×4 | ||
| USFR | $1,980,417 | 0.21% | 39,333 | $-621,205 | Down ×5 | ||
| BR Broadridge Financial Solutions, Inc. Common Stock | $1,966,602 | 0.21% | 14,360 | $-579,460 | Down ×6 | ||
| PNC PNC Financial Services Group, Inc. (The) Common Stock | $1,956,957 | 0.21% | 7,948 | $302,017 | Down ×3 | ||
| ROP Roper Technologies, Inc. - Common Stock | $1,836,443 | 0.19% | 5,427 | $-257,347 | Down ×6 | ||
| MKC McCormick & Company, Incorporated Common Stock | $1,835,691 | 0.19% | 36,408 | $-17,374 | Down ×1 | ||
| BSX Boston Scientific Corporation Common Stock | $1,809,504 | 0.19% | 42,397 | $318,752 | Up ×1 | ||
| APTV Aptiv PLC Ordinary Shares | $1,785,606 | 0.19% | 29,091 | $-264,054 | Down ×2 | ||
| FTV Fortive Corporation Common Stock | $1,703,833 | 0.18% | 27,891 | $-873,753 | Down ×6 | ||
| ROL Rollins, Inc. Common Stock | $1,690,887 | 0.18% | 40,510 | $-476,491 | Down ×1 | ||
| AVDV | $1,677,860 | 0.18% | 16,282 | $581,197 | Up ×1 | ||
| LOW Lowe's Companies, Inc. Common Stock | $1,648,604 | 0.18% | 7,477 | $-135,783 | Down ×6 | ||
| UNP Union Pacific Corporation Common Stock | $1,534,896 | 0.16% | 5,643 | $165,791 | |||
| MRSH Marsh Common Stock | $1,417,362 | 0.15% | 8,504 | $356,542 | Up ×3 | ||
| KR Kroger Company (The) Common Stock | $1,385,307 | 0.15% | 24,947 | $-417,615 | Up ×2 | ||
| IWD | $1,380,790 | 0.15% | 5,696 | $163,806 | |||
| IWM | $1,315,671 | 0.14% | 4,379 | $118,079 | Down ×2 | ||
| XPO XPO, Inc. Common Stock | $1,248,163 | 0.13% | 6,080 | $-197,343 | Down ×2 | ||
| EOG EOG Resources, Inc. Common Stock | $1,247,722 | 0.13% | 9,618 | $-106,586 | Up ×1 | ||
| AVUV | $1,234,999 | 0.13% | 9,899 | $220,443 | Up ×2 | ||
| MDY | $1,189,348 | 0.13% | 1,691 | $-261,888 | Down ×1 | ||
| BLK BlackRock, Inc. Common Stock | $1,108,679 | 0.12% | 1,153 | $20,985 | Up ×1 | ||
| IGV | $1,107,223 | 0.12% | 12,221 | $431,521 | Up ×2 | ||
| WMT Walmart Inc. - Common Stock | $1,064,191 | 0.11% | 9,396 | $-103,544 | |||
| ADP Automatic Data Processing, Inc. - Common Stock | $1,057,268 | 0.11% | 4,721 | $111,262 | Up ×1 | ||
| RNR RenaissanceRe Holdings Ltd. Common Stock | $1,029,925 | 0.11% | 3,250 | $-344,764 | Down ×6 | ||
| IVW | $1,014,971 | 0.11% | 7,380 | $181,964 | Up ×2 | ||
| IBM International Business Machines Corporation Common Stock | $990,422 | 0.11% | 3,522 | $559,695 | Up ×1 | ||
| 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 |
|---|---|---|---|
| NVDA | $16,326,544 | 1.73% | up ×6 |
| LLY | $15,616,579 | 1.66% | up ×4 |
| ETN | $11,413,198 | 1.21% | up ×6 |
| NOW | $11,228,568 | 1.19% | up ×4 |
| VGSH | $10,757,048 | 1.14% | up ×6 |
| VGIT | $10,484,521 | 1.11% | up ×6 |
| IQLT | $10,374,829 | 1.10% | up ×3 |
| VRSK | $8,406,971 | 0.89% | up ×3 |
| SYK | $7,753,897 | 0.82% | up ×3 |
| WCN | $6,978,310 | 0.74% | up ×5 |
| AWK | $6,577,684 | 0.70% | up ×4 |
| PAAA | $6,119,844 | 0.65% | up ×3 |
| PEP | $5,456,214 | 0.58% | up ×6 |
| EXC | $4,638,037 | 0.49% | up ×3 |
| UBER | $4,243,730 | 0.45% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| BMI | $2,716,986 | 18,311 | 0.29% |
| PFE | $690,085 | 28,658 | 0.07% |
| BSY | $555,805 | 18,595 | 0.06% |
| ECML | $425,586 | 11,000 | 0.05% |
| NFLX | $367,639 | 5,149 | 0.04% |
| ANET | $271,808 | 1,600 | 0.03% |
| CRWD | $228,942 | 300 | 0.02% |
| WAT | $217,898 | 581 | 0.02% |
| AMD | $214,646 | 369 | 0.02% |
| STTK | $208,200 | 30,000 | 0.02% |
| MAR | $203,824 | 550 | 0.02% |
Top movers (QoQ)
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.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| UNH | Sept. 30, 2025 | 26,725 | $8,337,398 | 13.6% |
| PYPL | June 30, 2025 | 51,608 | $3,367,429 | -17.0% |
| MNST | Dec. 31, 2025 | 18,517 | $1,246,379 | -37.7% |
| XHLF | June 30, 2026 | 8,000 | $402,640 | No longer tracked |
| ROK | June 30, 2025 | 1,375 | $355,272 | 30.8% |
| KKR | March 31, 2026 | 2,622 | $334,253 | 18.3% |
| CSCO | March 31, 2025 | 5,337 | $315,950 | 78.5% |
| BDX | June 30, 2025 | 1,185 | $271,436 | 38.4% |
| DVY | June 30, 2026 | 1,675 | $253,612 | |
| EW | Dec. 31, 2025 | 3,073 | $238,987 | 7.7% |
| NKE | June 30, 2026 | 4,513 | $238,377 | -1.1% |
| IGSB | June 30, 2026 | 4,511 | $237,098 | |
| CAT | Dec. 31, 2025 | 490 | $233,803 | 41.1% |
| BX | March 31, 2026 | 1,500 | $231,210 | 24.5% |
| FDS | June 30, 2025 | 500 | $227,320 | -32.9% |
| WAT | March 31, 2025 | 605 | $224,443 | 12.5% |
| MRSH | June 30, 2025 | 910 | $222,067 | -13.9% |
| CSX | March 31, 2025 | 6,775 | $218,629 | 72.6% |
| NFLX | Sept. 30, 2025 | 163 | $218,278 | -93.3% |
| WFC | March 31, 2026 | 2,310 | $215,292 | 7.0% |
| IGM | March 31, 2025 | 2,100 | $214,389 | No longer tracked |
| JMST | Sept. 30, 2025 | 4,200 | $213,864 | No longer tracked |
| ITW | March 31, 2025 | 832 | $210,962 | 14.4% |
| EPAM | June 30, 2026 | 1,555 | $210,547 | 38.2% |
| ANET | March 31, 2026 | 1,600 | $209,648 | 49.7% |
| GXO | Dec. 31, 2025 | 3,940 | $208,387 | -13.5% |
| PFE | June 30, 2025 | 8,158 | $206,724 | 14.8% |
| HON | Dec. 31, 2025 | 978 | $205,869 | 13.4% |
| VTI | March 31, 2025 | 697 | $201,998 | No longer tracked |
| NYF | June 30, 2025 | 3,800 | $200,070 | No longer tracked |