Latest Middleton & Co Inc/MA Stock Portfolio

Middleton & Co Inc/MA Performance:

2025 Q3: 5.07%YTD: 4.39%2024: 13.92%

Performance for 2025 Q3 is 5.07%, and YTD is 4.39%, and 2024 is 13.92%.

About Middleton & Co Inc/MA and 13F Hedge Fund Stock Holdings

MIDDLETON & CO INC/MA is a hedge fund based in BOSTON, MA. On 09-Aug-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $895.2 Millions. In it's latest 13F Holdings report, MIDDLETON & CO INC/MA reported an equity portfolio of $925.3 Millions as of 30 Sep, 2025.

The top stock holdings of MIDDLETON & CO INC/MA are AAPL, GOOG, AMZN. The fund has invested 6.4% of it's portfolio in APPLE INC and 5.9% of portfolio in ALPHABET INC CAP STOCK CL A.

The fund managers got completely rid off UNITEDHEALTH GROUP INC (UNH), NETFLIX INC (NFLX) and JPMORGAN ULTRA-SHORT MUNICIPAL (BBAX) stocks. They significantly reduced their stock positions in RENAISSANCERE HLDGS LTD (RNR), NIKE INC (NKE) and STARBUCKS CORP (SBUX). MIDDLETON & CO INC/MA opened new stock positions in AUTOZONE INC (AZO), MARSH & MCLENNAN COS INC (MMC) and EDWARDS LIFESCIENCES CORP (EW). The fund showed a lot of confidence in some stocks as they added substantially to LILLY ELI & CO (LLY), UBER TECHNOLOGIES INC (UBER) and AMERICAN WTR WKS CO INC NEW (AWK).

Middleton & Co Inc/MA Annual Return Estimates Vs S&P 500

Our best estimate is that MIDDLETON & CO INC/MA made a return of 5.07% in the last quarter. In trailing 12 months, it's portfolio return was 4.59%.

New Buys

Ticker	$ Bought
autozone inc	338,929
marsh & mclennan cos inc	329,502
edwards lifesciences corp	238,987
caterpillar inc	233,803
arista networks inc	233,136
tjx cos inc	222,013
ishares tr msci eafe index	208,682
ishares new york muni bond etf	202,730

New stocks bought by Middleton & Co Inc/MA

Additions

Ticker	% Inc.
lilly eli & co	1,693
uber technologies inc	89.84
american wtr wks co inc new	56.62
nxp semiconductors n v	42.52
kroger co	35.63
eaton corp plc	31.7
adobe inc	14.86
waste connections inc	13.79

Additions to existing portfolio by Middleton & Co Inc/MA

Reductions

Ticker	% Reduced
renaissancere hldgs ltd	-38.65
nike inc	-31.68
starbucks corp	-31.22
monster beverage corp new	-30.86
array technologies inc	-25.81
ralliant corp	-21.98
air prods & chems inc	-18.38
public storage	-16.11

Middleton & Co Inc/MA reduced stake in above stock

Sold off

Ticker	$ Sold
unitedhealth group inc	-8,337,400
jpmorgan ultra-short municipal	-213,864
netflix inc	-218,278

Middleton & Co Inc/MA got rid off the above stocks

Sector Distribution

MIDDLETON & CO INC/MA has about 28.8% of it's holdings in Technology sector.

Sector	%
Technology	28.8
Others	15.6
Healthcare	11.2
Consumer Cyclical	9.5
Financial Services	8.4
Communication Services	8.2
Industrials	5.4
Consumer Defensive	4.5
Utilities	3.2
Real Estate	2.3
Energy	1.8

Market Cap. Distribution

MIDDLETON & CO INC/MA has about 84.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	47.9
LARGE-CAP	36.3
UNALLOCATED	15.6

Stocks belong to which Index?

About 83.1% of the stocks held by MIDDLETON & CO INC/MA either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	83.1
Others	16.8

Top 5 Winners (%)		%
ARRY	array technologies inc	38.1 %
GOOG	alphabet inc cap stock cl a	37.9 %
LRCX	lam research corp new	37.6 %
GOOG	alphabet inc cap stock cl c	37.3 %
ORCL	oracle corp	28.6 %

Top 5 Winners ($)		$
GOOG	alphabet inc cap stock cl a	15.6 M
AAPL	apple inc	11.6 M
AVGO	broadcom inc com	7.5 M
ABBV	abbvie inc	3.8 M
ORLY	o'reilly automotive inc	3.7 M

Top 5 Losers (%)		%
VRSK	verisk analytics inc cl a	-19.3 %
ISRG	intuitive surgical inc	-17.7 %
ACN	accenture ltd bermuda cl a	-17.5 %
ELV	elevance health inc	-16.9 %
EPAM	epam sys inc	-14.7 %

Top 5 Losers ($)		$
VRSK	verisk analytics inc cl a	-2.5 M
INTU	intuit	-2.4 M
CRM	salesforce inc	-2.1 M
NOW	servicenow inc	-2.1 M
COST	costco wholesale corp	-1.6 M

Middleton & Co Inc/MA Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Middleton & Co Inc/MA

MIDDLETON & CO INC/MA has 166 stocks in it's portfolio. About 39.6% of the portfolio is in top 10 stocks. VRSK proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for MIDDLETON & CO INC/MA last quarter.

Last Reported on: 29 Oct, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	6.38	231,949	59,061,200	reduced	-1.44

AAXJ	ishares 1-3 year international	0.11	13,718	1,045,040	added	0.18

AAXJ	ishares sh tr crport etf	0.03	4,511	239,218	unchanged	0.00

AAXJ	ishares new york muni bond etf	0.02	3,800	202,730	new

ABBV	abbvie inc	2.00	80,100	18,546,400	reduced	-3.38

ABT	abbott laboratories	0.47	32,160	4,307,520	reduced	-2.55

ACN	accenture ltd bermuda cl a	0.04	1,615	398,259	unchanged	0.00

ACWF	ishares msci intl quality fact	0.71	148,042	6,541,980	reduced	-4.33

ADBE	adobe inc	1.07	28,138	9,925,680	added	14.86

ADP	automatic data processing inc	0.15	4,681	1,373,870	reduced	-7.23

AEMB	avantis u.s. small cap value e	0.11	10,236	1,018,790	reduced	-5.97

AGGH	simplify hedged equity etf	0.04	13,025	406,862	unchanged	0.00

AMGN	amgen inc	0.03	1,076	303,647	unchanged	0.00

AMPS	ishares 0-5 year tips bond etf	0.08	6,841	707,086	unchanged	0.00

AMT	american tower reit	1.13	54,318	10,446,400	reduced	-2.96

AMZN	amazon.com inc	5.86	246,975	54,228,300	reduced	-2.4

ANET	arista networks inc	0.03	1,600	233,136	new

APD	air prods & chems inc	0.07	2,398	653,983	reduced	-18.38

ARRY	array technologies inc	0.01	17,250	140,587	reduced	-25.81

AVGO	broadcom inc com	4.81	134,848	44,487,700	reduced	-1.83