Constitution Capital
SHELTON, CTfiles as Constitution Capital LLC
$195m in 62 US stocks at the end of 30 June 2026. The top 10 are 56.6% of the money. It changed about 13.8% of the portfolio this quarter.
Value
$195m
Stocks
62
Top 10 share
56.6%
Turnover
13.8%
What changed this quarter
New
Bought for the first time this quarter.
- AlphabetGOOG1.0% of the fund
- Advanced Micro DevicesAMD0.2% of the fund
- Cisco SystemsCSCO0.1% of the fund
- ASML Holding NVASML0.1% of the fund
- ComcastCMCSA0.1% of the fund
Added
Bought more of a stock they already held.
- Eli LillyLLY5.5% of the fund+627%
- BiohavenBHVN0.2% of the fund+59%
- TJX CompaniesTJX0.2% of the fund+3%
Cut
Sold some of their stake.
- JPMorgan ChaseJPM6.4% of the fund-6%
- WalmartWMT4.7% of the fund-16%
- Select Sector Spdr TRXLK4.7% of the fund-2%
- AppleAAPL4.6% of the fund-4%
- NvidiaNVDA4.5% of the fund-7%
- Johnson & JohnsonJNJ4.1% of the fund-36%
- NextEra EnergyNEE3.9% of the fund-26%
- Home DepotHD3.8% of the fund-4%
- Coca-ColaKO2.8% of the fund-29%
- AlphabetGOOGL2.5% of the fund-13%
- Amazon.comAMZN2.5% of the fund-8%
- PepsiCoPEP2.3% of the fund-3%
- Duke EnergyDUK2.3% of the fund-32%
- American ExpressAXP2.2% of the fund-6%
- Procter & GamblePG1.6% of the fund-16%
- American Electric PowerAEP1.5% of the fund-48%
- Select Sector Spdr TRXLF1.5% of the fund-3%
- UnitedHealth GroupUNH1.2% of the fund-5%
- Costco WholesaleCOST1.2% of the fund-75%
- Select Sector Spdr TRXLC0.8% of the fund-2%
- Waste ManagementWM0.7% of the fund-52%
- Southern CompanySO0.7% of the fund-3%
- SyscoSYY0.5% of the fund-4%
- ExxonMobil HoldingsXOM0.5% of the fund-4%
- Select Sector Spdr TRXLE0.4% of the fund-2%
Sold out
Sold their entire stake.
- McDonald'sMCD-100%
- Verizon CommunicationsVZ-100%
- NetflixNFLX-100%
- L3harris TechnologiesLHX-100%
Holdings
- Select Sector Spdr TRXLV
- Share
- 4.8%
- Value
- $9m
- Shares
- 59,280
Held
- Select Sector Spdr TRXLK
- Share
- 4.7%
- Value
- $9m
- Shares
- 47,550
-2%
- Select Sector Spdr TRXLF
- Share
- 1.5%
- Value
- $3m
- Shares
- 53,291
-3%
- Select Sector Spdr TRXLY
- Share
- 1.3%
- Value
- $3m
- Shares
- 21,993
Held
- Select Sector Spdr TRXLC
- Share
- 0.8%
- Value
- $2m
- Shares
- 14,139
-2%
- Select Sector Spdr TRXLI
- Share
- 0.6%
- Value
- $1m
- Shares
- 6,165
Held
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.5%
- Value
- $1m
- Shares
- 1,409
Held
- Select Sector Spdr TRXLE
- Share
- 0.4%
- Value
- $803,289
- Shares
- 15,125
-2%
- Select Sector Spdr TRXLU
- Share
- 0.3%
- Value
- $599,349
- Shares
- 13,219
Held
- Select Sector Spdr TRXLP
- Share
- 0.3%
- Value
- $513,788
- Shares
- 6,185
-2%
- Invesco QQQ TRQQQ
- Share
- 0.2%
- Value
- $405,756
- Shares
- 551
Held
- Canadian National RailwayCNI
- Share
- 0.2%
- Value
- $349,612
- Shares
- 2,932
Held
- Gabelli Divid & Income TRXGDVX
- Share
- 0.1%
- Value
- $244,020
- Shares
- 8,300
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| MicrosoftMSFT | 13.5% | $26m | 70,308 | Held |
| JPMorgan ChaseJPM | 6.4% | $12m | 38,086 | -6% |
| Eli LillyLLY | 5.5% | $11m | 8,941 | +627% |
| Select Sector Spdr TRXLV | 4.8% | $9m | 59,280 | Held |
| WalmartWMT | 4.7% | $9m | 80,081 | -16% |
| Select Sector Spdr TRXLK | 4.7% | $9m | 47,550 | -2% |
| AppleAAPL | 4.6% | $9m | 31,178 | -4% |
| NvidiaNVDA | 4.5% | $9m | 43,675 | -7% |
| Johnson & JohnsonJNJ | 4.1% | $8m | 31,820 | -36% |
| NextEra EnergyNEE | 3.9% | $8m | 85,959 | -26% |
| Home DepotHD | 3.8% | $7m | 20,913 | -4% |
| Union PacificUNP | 2.9% | $6m | 20,898 | Held |
| Coca-ColaKO | 2.8% | $5m | 66,181 | -29% |
| AlphabetGOOGL | 2.5% | $5m | 13,580 | -13% |
| Amazon.comAMZN | 2.5% | $5m | 20,195 | -8% |
| PepsiCoPEP | 2.3% | $4m | 32,699 | -3% |
| Duke EnergyDUK | 2.3% | $4m | 34,713 | -32% |
| American ExpressAXP | 2.2% | $4m | 12,870 | -6% |
| Procter & GamblePG | 1.6% | $3m | 21,480 | -16% |
| American Electric PowerAEP | 1.5% | $3m | 21,545 | -48% |
| Select Sector Spdr TRXLF | 1.5% | $3m | 53,291 | -3% |
| Select Sector Spdr TRXLY | 1.3% | $3m | 21,993 | Held |
| CaterpillarCAT | 1.3% | $3m | 2,360 | Held |
| UnitedHealth GroupUNH | 1.2% | $2m | 5,777 | -5% |
| Costco WholesaleCOST | 1.2% | $2m | 2,452 | -75% |
| AlphabetGOOG | 1.0% | $2m | 5,660 | New |
| GE VernovaGEV | 1.0% | $2m | 1,697 | Held |
| VisaV | 0.8% | $2m | 4,645 | Held |
| Select Sector Spdr TRXLC | 0.8% | $2m | 14,139 | -2% |
| Waste ManagementWM | 0.7% | $1m | 5,860 | -52% |
| Southern CompanySO | 0.7% | $1m | 13,275 | -3% |
| Select Sector Spdr TRXLI | 0.6% | $1m | 6,165 | Held |
| State STR Spdr S&P 500 ETF TSPY | 0.5% | $1m | 1,409 | Held |
| SyscoSYY | 0.5% | $957,994 | 11,462 | -4% |
| ExxonMobil HoldingsXOM | 0.5% | $898,934 | 6,575 | -4% |
| Goldman Sachs GroupGS | 0.4% | $809,096 | 800 | Held |
| Select Sector Spdr TRXLE | 0.4% | $803,289 | 15,125 | -2% |
| DeereDE | 0.3% | $634,330 | 1,000 | Held |
| Select Sector Spdr TRXLU | 0.3% | $599,349 | 13,219 | Held |
| MerckMRK | 0.3% | $549,980 | 4,280 | Held |
| AT&TT | 0.3% | $515,430 | 24,900 | Held |
| Select Sector Spdr TRXLP | 0.3% | $513,788 | 6,185 | -2% |
| Berkshire HathawayBRK-B | 0.2% | $445,847 | 891 | -28% |
| Advanced Micro DevicesAMD | 0.2% | $435,683 | 750 | New |
| Invesco QQQ TRQQQ | 0.2% | $405,756 | 551 | Held |
| BiohavenBHVN | 0.2% | $401,760 | 27,000 | +59% |
| TKO Group HoldingsTKO | 0.2% | $362,358 | 1,800 | Held |
| Canadian National RailwayCNI | 0.2% | $349,612 | 2,932 | Held |
| Taiwan Semiconductor ManufacturingTSM | 0.2% | $334,299 | 700 | Held |
| Marriott InternationalMAR | 0.2% | $315,002 | 850 | Held |
| Norfolk SouthernNSC | 0.2% | $314,590 | 1,000 | Held |
| Morgan StanleyMS | 0.2% | $313,560 | 1,500 | Held |
| Lockheed MartinLMT | 0.2% | $305,676 | 600 | Held |
| TJX CompaniesTJX | 0.2% | $300,728 | 1,985 | +3% |
| ChevronCVX | 0.1% | $281,792 | 1,700 | Held |
| AmgenAMGN | 0.1% | $277,022 | 765 | Held |
| Cisco SystemsCSCO | 0.1% | $252,539 | 2,150 | New |
| ASML Holding NVASML | 0.1% | $248,680 | 125 | New |
| Wells Fargo & CompanyWFC | 0.1% | $247,920 | 3,000 | Held |
| ComcastCMCSA | 0.1% | $245,500 | 10,000 | New |
| Gabelli Divid & Income TRXGDVX | 0.1% | $244,020 | 8,300 | Held |
| AbbVieABBV | 0.1% | $201,312 | 800 | -20% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 0.6% since 30 June 2025.
Where the money is
Technology23.1%
Everyday goods13.0%
Health care11.6%
Financial services10.4%
Utilities8.3%
Industrials6.9%
Retail & consumer6.6%
Media & telecom4.1%
Energy0.6%
Other15.5%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.