DONALDSON CAPITAL MANAGEMENT, LLC — 13F Holdings & Portfolio
CIK 1487438 · latest 13F-HR filed 2026-04-30
DONALDSON CAPITAL MANAGEMENT, LLC manages $3.09B in 13F-reported U.S. long-equity assets across 235 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are KRMN (9.07%), AVGO (4.98%), AAPL (4.65%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 13 new positions, exited 11, added to 71, and trimmed 94.
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.
$3.09B
Long-equity book
235
Distinct positions
2026-03-31
Filed 2026-04-30
+13 / −11 / ↑71 / ↓94
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- PACCAR INC$30.7M +121.0%
- CINTAS CORP$30.3M +980.3%
- KARMAN HLDGS INC$24.1M +9.4%
- WATSCO INC$22.1M +59.7%
- MERCK & CO INC$12.6M +15.3%
Top Trims
- EXXON MOBIL CORP-$52.5M -75.5%
- SOUTHERN CO-$47.2M -95.0%
- MICROSOFT CORP-$30.3M -22.8%
- BROADCOM INC-$11.3M -6.9%
- ISHARES TR-$11.3M -10.4%
New Positions
- LPL FINL HLDGS INC$8.5M
- INTERACTIVE BROKERS GROUP IN$8.4M
- MARKEL GROUP INC$8.1M
- MICRON TECHNOLOGY INC$7.3M
- TARGET CORP$1.4M
Exited Positions
- NU HLDGS LTD$8.4M
- BOOKING HOLDINGS INC$8.4M
- QUALCOMM INC$264.6K
- BOEING CO$262.7K
- PALANTIR TECHNOLOGIES INC$242.3K
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 | KARMAN HLDGS INC | KRMN | 485924104 | $280.3M | 9.07% | 3,501,433 | SH |
| 2 | BROADCOM INC | AVGO | 11135F101 | $153.8M | 4.98% | 496,766 | SH |
| 3 | APPLE INC | AAPL | 037833100 | $143.6M | 4.65% | 565,829 | SH |
| 4 | SELECT SECTOR SPDR TR | XLC | 81369Y852 | $126.7M | 4.10% | 1,142,583 | SH |
| 5 | ABBVIE INC | ABBV | 00287Y109 | $104.8M | 3.39% | 482,055 | SH |
| 6 | MICROSOFT CORP | MSFT | 594918104 | $102.7M | 3.32% | 277,341 | SH |
| 7 | JPMORGAN CHASE & CO | JPM | 46625H100 | $100.7M | 3.26% | 342,320 | SH |
| 8 | ISHARES TR | SOXX | 464287523 | $99.1M | 3.21% | 301,410 | SH |
| 9 | ISHARES TR | ICSH | 46434V878 | $97.5M | 3.16% | 1,925,899 | SH |
| 10 | MERCK & CO INC | MRK | 58933Y105 | $94.4M | 3.06% | 785,160 | SH |
| 11 | COSTCO WHOLESALE CORPORATION | COST | 22160K105 | $83.0M | 2.69% | 83,273 | SH |
| 12 | MORGAN STANLEY | MS | 617446448 | $76.3M | 2.47% | 463,707 | SH |
| 13 | RTX CORPORATION | RTX | 75513E101 | $74.3M | 2.40% | 384,999 | SH |
| 14 | ELI LILLY & CO | LLY | 532457108 | $68.0M | 2.20% | 73,963 | SH |
| 15 | CITIGROUP INC | C | 172967424 | $66.7M | 2.16% | 587,965 | SH |
| 16 | MCDONALDS CORP | MCD | 580135101 | $65.7M | 2.12% | 211,239 | SH |
| 17 | FASTENAL CO | FAST | 311900104 | $65.1M | 2.11% | 1,401,992 | SH |
| 18 | GOLDMAN SACHS GROUP INC | GS | 38141G104 | $63.5M | 2.06% | 75,080 | SH |
| 19 | HOME DEPOT INC | HD | 437076102 | $63.3M | 2.05% | 192,335 | SH |
| 20 | WATSCO INC | WSO | 942622200 | $59.2M | 1.91% | 162,639 | SH |
| 21 | PACCAR INC | PCAR | 693718108 | $56.1M | 1.81% | 485,342 | SH |
| 22 | GENERAL DYNAMICS CORP | GD | 369550108 | $53.6M | 1.73% | 156,114 | SH |
| 23 | PAYCHEX INC | PAYX | 704326107 | $51.2M | 1.66% | 555,849 | SH |
| 24 | WEC ENERGY GROUP INC | WEC | 92939U106 | $51.2M | 1.66% | 442,053 | SH |
| 25 | CENCORA INC | COR | 03073E105 | $43.4M | 1.40% | 138,088 | SH |
| 26 | CHEVRON CORPORATION | CVX | 166764100 | $40.3M | 1.30% | 194,602 | SH |
| 27 | XCEL ENERGY INC | XEL | 98389B100 | $38.4M | 1.24% | 483,726 | SH |
| 28 | INTERNATIONAL BUSINESS MACHS | IBM | 459200101 | $38.3M | 1.24% | 157,859 | SH |
| 29 | PRICE T ROWE GROUP INC | TROW | 74144T108 | $36.1M | 1.17% | 400,523 | SH |
| 30 | CINTAS CORP | CTAS | 172908105 | $33.4M | 1.08% | 197,348 | SH |
| 31 | EATON CORP PLC | ETN | G29183103 | $25.5M | 0.82% | 71,252 | SH |
| 32 | SCHWAB STRATEGIC TR | SCHG | 808524300 | $24.7M | 0.80% | 848,721 | SH |
| 33 | J P MORGAN EXCHANGE TRADED F | JPST | 46641Q837 | $21.5M | 0.69% | 424,174 | SH |
| 34 | ISHARES U S ETF TR | NEAR | 46431W507 | $21.0M | 0.68% | 412,128 | SH |
| 35 | ALPHABET INC | GOOGL | 02079K305 | $18.7M | 0.61% | 65,136 | SH |
| 36 | AMAZON COM INC | AMZN | 023135106 | $17.4M | 0.56% | 83,636 | SH |
| 37 | EXXON MOBIL CORP | XOM | 30231G102 | $17.0M | 0.55% | 100,255 | SH |
| 38 | NVIDIA CORPORATION | NVDA | 67066G104 | $15.3M | 0.49% | 87,599 | SH |
| 39 | ISHARES TR | AGG | 464287226 | $14.7M | 0.48% | 147,842 | SH |
| 40 | VISA INC | V | 92826C839 | $14.0M | 0.45% | 46,326 | SH |
| 41 | ISHARES TR | LQD | 464287242 | $13.1M | 0.42% | 120,112 | SH |
| 42 | MOODYS CORP | MCO | 615369105 | $13.0M | 0.42% | 29,786 | SH |
| 43 | MASTERCARD INCORPORATED | MA | 57636Q104 | $12.4M | 0.40% | 24,915 | SH |
| 44 | VANGUARD INDEX FDS | VOO | 922908363 | $11.2M | 0.36% | 18,796 | SH |
| 45 | LOCKHEED MARTIN CORP | LMT | 539830109 | $10.3M | 0.33% | 17,016 | SH |
| 46 | VANGUARD SPECIALIZED FUNDS | VIG | 921908844 | $10.3M | 0.33% | 47,733 | SH |
| 47 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $8.9M | 0.29% | 26,320 | SH |
| 48 | UBER TECHNOLOGIES INC | UBER | 90353T100 | $8.9M | 0.29% | 123,522 | SH |
| 49 | MERCADOLIBRE INC | MELI | 58733R102 | $8.8M | 0.28% | 5,090 | SH |
| 50 | META PLATFORMS INC | META | 30303M102 | $8.7M | 0.28% | 15,261 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-04-30 | $3.09B | 235 | 0001487438-26-000003 |
| 2025-12-31 | 2026-01-14 | $3.14B | 231 | 0001487438-26-000001 |