CULLINAN ASSOCIATES INC — 13F Holdings & Portfolio
CIK 1161670 · latest 13F-HR filed 2026-07-29
CULLINAN ASSOCIATES INC manages $1.32B in 13F-reported U.S. long-equity assets across 204 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are AAPL (8.36%), KO (6.96%), MSFT (3.94%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 7 new positions, exited 10, added to 97, and trimmed 57.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
SUITE 203
LOUISVILLE, KY 40207
$1.32B
Long-equity book
204
Distinct positions
2026-06-30
Filed 2026-07-29
+7 / −10 / ↑97 / ↓57
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- Applied Materials$16.0M +90.9%
- Alphabet Class C$14.2M +51.6%
- Lam Research Corp$14.2M +102.8%
- Apple Inc$8.8M +8.7%
- Nvidia Corp$7.8M +75.7%
Top Trims
- Coca-Cola Company-$7.8M -7.8%
- Microsoft Corp-$5.8M -10.0%
- Chevron Corp-$4.8M -28.7%
- McDonalds Corp-$4.5M -25.4%
- United Parcel Service Inc Cl B-$4.3M -47.1%
New Positions
- Exxonmobil Holdings$28.8M
- Arthur J. Gallagher & Co.$4.0M
- Honeywell Aerospace Inc$960.6K
- Micron Technology$923.4K
- iShare S&P 500 Growth ETF$413.2K
Exited Positions
- Exxon Mobil$38.3M
- Dynatrace Holdings LLC$2.0M
- First Solar Inc$1.5M
- Sysco Corp$606.3K
- Williams-Sonoma$492.3K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | Apple Inc | AAPL | 037833100 | $110.6M | 8.36% | 382,145 | SH |
| 2 | Coca-Cola Company | KO | 191216100 | $92.1M | 6.96% | 1,132,980 | SH |
| 3 | Microsoft Corp | MSFT | 594918104 | $52.1M | 3.94% | 139,649 | SH |
| 4 | S&P Global Inc. | SPGI | 78409V104 | $49.5M | 3.74% | 121,500 | SH |
| 5 | Johnson & Johnson | JNJ | 478160104 | $45.0M | 3.40% | 177,028 | SH |
| 6 | Alphabet Class C | GOOG | 02079K107 | $41.8M | 3.16% | 118,397 | SH |
| 7 | SPDR S&P 500 Trust | SPY | 78462F103 | $38.5M | 2.91% | 51,583 | SH |
| 8 | Applied Materials | AMAT | 038222105 | $33.6M | 2.54% | 46,437 | SH |
| 9 | Procter & Gamble Co | PG | 742718109 | $32.6M | 2.46% | 222,191 | SH |
| 10 | Amazon | AMZN | 023135106 | $30.1M | 2.27% | 126,253 | SH |
| 11 | Alphabet Class A | GOOGL | 02079K305 | $30.1M | 2.27% | 84,174 | SH |
| 12 | Exxonmobil Holdings | XOM | 30233Q108 | $28.8M | 2.18% | 210,525 | SH |
| 13 | Lam Research Corp | LRCX | 512807108 | $27.9M | 2.11% | 64,500 | SH |
| 14 | Vertex Pharmaceutical | VRTX | 92532F100 | $25.7M | 1.94% | 51,762 | SH |
| 15 | Intl Business Machines Corp | IBM | 459200101 | $25.4M | 1.92% | 90,150 | SH |
| 16 | J P Morgan Chase & Co | JPM | 46625H100 | $24.1M | 1.82% | 73,638 | SH |
| 17 | Texas Instruments | TXN | 882508104 | $18.7M | 1.41% | 62,683 | SH |
| 18 | Nvidia Corp | NVDA | 67066G104 | $18.2M | 1.38% | 90,984 | SH |
| 19 | KLA Corporation | KLAC | 482480100 | $18.0M | 1.36% | 59,643 | SH |
| 20 | AbbVie Inc | ABBV | 00287Y109 | $17.3M | 1.31% | 68,800 | SH |
| 21 | Wal-Mart Stores Inc | WMT | 931142103 | $16.2M | 1.22% | 143,088 | SH |
| 22 | AFLAC Inc | AFL | 001055102 | $16.2M | 1.22% | 138,006 | SH |
| 23 | Caterpillar | CAT | 149123101 | $16.1M | 1.22% | 15,128 | SH |
| 24 | Qualys Inc | QLYS | 74758T303 | $14.1M | 1.07% | 102,800 | SH |
| 25 | McDonalds Corp | MCD | 580135101 | $13.1M | 0.99% | 48,623 | SH |
| 26 | American Express Co | AXP | 025816109 | $13.1M | 0.99% | 38,796 | SH |
| 27 | Lowes Companies Inc | LOW | 548661107 | $12.6M | 0.96% | 57,334 | SH |
| 28 | Deere & Company | DE | 244199105 | $12.4M | 0.94% | 19,576 | SH |
| 29 | Chevron Corp | CVX | 166764100 | $11.9M | 0.90% | 71,525 | SH |
| 30 | Oracle Corp | ORCL | 68389X105 | $11.8M | 0.89% | 80,480 | SH |
| 31 | Meta Platforms Inc | META | 30303M102 | $11.6M | 0.87% | 20,521 | SH |
| 32 | Cisco Systems Inc | CSCO | 17275R102 | $11.5M | 0.87% | 97,679 | SH |
| 33 | Visa Inc Cl A | V | 92826C839 | $10.8M | 0.82% | 31,575 | SH |
| 34 | Southern Co | SO | 842587107 | $9.9M | 0.74% | 102,972 | SH |
| 35 | Home Depot | HD | 437076102 | $9.8M | 0.74% | 27,706 | SH |
| 36 | Qualcomm Inc | QCOM | 747525103 | $9.2M | 0.69% | 49,744 | SH |
| 37 | Costco Wholesale Corp | COST | 22160K105 | $9.2M | 0.69% | 9,805 | SH |
| 38 | Uber Technologies Inc | UBER | 90353T100 | $9.2M | 0.69% | 126,824 | SH |
| 39 | Amgen Inc | AMGN | 031162100 | $8.8M | 0.66% | 24,288 | SH |
| 40 | Lockheed Martin | LMT | 539830109 | $8.5M | 0.64% | 16,616 | SH |
| 41 | Eli Lilly & Company | LLY | 532457108 | $8.2M | 0.62% | 6,866 | SH |
| 42 | Ecolab Inc | ECL | 278865100 | $8.1M | 0.61% | 28,979 | SH |
| 43 | Berkshire Hathaway Cl B | BRK.B | 113809107 | $7.9M | 0.60% | 15,940 | SH |
| 44 | TJX Companies | TJX | 872540109 | $7.9M | 0.59% | 51,825 | SH |
| 45 | The Travelers Companies | TRV | 89417E109 | $7.8M | 0.59% | 23,657 | SH |
| 46 | Bank Of America | BAC | 060505104 | $7.7M | 0.58% | 134,769 | SH |
| 47 | Walt Disney Company | DIS | 254687106 | $7.4M | 0.56% | 77,267 | SH |
| 48 | Intel Corp | INTC | 458140100 | $7.4M | 0.56% | 52,789 | SH |
| 49 | New York Times Company | NYT | 650111107 | $7.2M | 0.55% | 103,367 | SH |
| 50 | Emerson Electric Company | EMR | 291011104 | $7.0M | 0.53% | 48,750 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-29 | $1.32B | 204 | 0001161670-26-000003 |
| 2026-03-31 | 2026-05-01 | $1.24B | 207 | 0001161670-26-000002 |
| 2025-12-31 | 2026-01-30 | $1.48B | 211 | 0001161670-26-000001 |