BLACKHILL CAPITAL INC — 13F Holdings & Portfolio
CIK 872162 · latest 13F-HR filed 2026-05-14
BLACKHILL CAPITAL INC manages $1.94B in 13F-reported U.S. long-equity assets across 49 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are WSM (72.12%), LLY (6.90%), AAPL (3.24%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 0 new positions, exited 1, added to 16, and trimmed 14.
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.
$1.94B
Long-equity book
49
Distinct positions
2026-03-31
Filed 2026-05-14
+0 / −1 / ↑16 / ↓14
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- CATERPILLAR INC COM$7.8M +22.6%
- ENERGY TRANSFER L P COM UNIT L$4.0M +21.1%
- MERCK & CO INC NEW COM$2.5M +14.3%
- JOHNSON & JOHNSON COM$2.4M +18.1%
- BRISTOL MYERS SQUIBB CO COM$1.6M +10.4%
Top Trims
- LILLY ELI & CO COM-$22.8M -14.6%
- MICROSOFT CORP COM-$7.5M -23.5%
- ABBOTT LABS COM-$6.1M -18.1%
- APPLE INC COM-$4.8M -7.1%
- DISNEY WALT CO DISNEY COM-$1.8M -15.3%
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 | WILLIAMS SONOMA INC COM | WSM | 969904101 | $1.40B | 72.12% | 7,684,524 | SH |
| 2 | LILLY ELI & CO COM | LLY | 532457108 | $134.0M | 6.90% | 145,721 | SH |
| 3 | APPLE INC COM | AAPL | 037833100 | $63.0M | 3.24% | 248,200 | SH |
| 4 | ABBVIE INC COM | ABBV | 00287Y109 | $57.2M | 2.95% | 263,110 | SH |
| 5 | CATERPILLAR INC COM | CAT | 149123101 | $42.2M | 2.17% | 59,500 | SH |
| 6 | ABBOTT LABS COM | ABT | 002824100 | $27.6M | 1.42% | 268,530 | SH |
| 7 | MICROSOFT CORP COM | MSFT | 594918104 | $24.4M | 1.26% | 66,050 | SH |
| 8 | NVIDIA CORP COM | NVDA | 67066G104 | $24.4M | 1.26% | 139,950 | SH |
| 9 | ENERGY TRANSFER L P COM UNIT L | ET | 29273V100 | $23.2M | 1.19% | 1,200,000 | SH |
| 10 | MERCK & CO INC NEW COM | MRK | 58933Y105 | $20.3M | 1.05% | 168,857 | SH |
| 11 | BRISTOL MYERS SQUIBB CO COM | BMY | 110122108 | $16.7M | 0.86% | 275,364 | SH |
| 12 | JOHNSON & JOHNSON COM | JNJ | 478160104 | $15.7M | 0.81% | 64,187 | SH |
| 13 | ZOETIS INC COM | ZTS | 98978V103 | $11.3M | 0.58% | 95,899 | SH |
| 14 | BERKSHIRE HATHAWAY INC DEL CL | BRK.B | 084670702 | $10.2M | 0.52% | 21,237 | SH |
| 15 | MASTERCARD INC CL A | MA | 57636Q104 | $10.0M | 0.51% | 20,000 | SH |
| 16 | DISNEY WALT CO DISNEY COM | DIS | 254687106 | $9.8M | 0.50% | 101,500 | SH |
| 17 | AMAZON COM INC COM | AMZN | 023135106 | $7.6M | 0.39% | 36,580 | SH |
| 18 | PROCTER & GAMBLE CO COM | PG | 742718109 | $6.5M | 0.33% | 44,871 | SH |
| 19 | ALPHABET INC CAP STK CL C | GOOG | 02079K107 | $5.1M | 0.26% | 17,660 | SH |
| 20 | ALPHABET INC CL A | GOOGL | 02079K305 | $4.6M | 0.24% | 15,980 | SH |
| 21 | BERKSHIRE HATHAWAY INC DEL CL | BRK.A | 084670108 | $4.3M | 0.22% | 6 | SH |
| 22 | ENTERPRISE PRODS PARTNERS L P | EPD | 293792107 | $4.1M | 0.21% | 107,704 | SH |
| 23 | ZIMMER BIOMET HLDGS INC COM | ZBH | 98956P102 | $3.8M | 0.20% | 42,079 | SH |
| 24 | KIMBERLY-CLARK CORP COM | KMB | 494368103 | $2.8M | 0.14% | 29,000 | SH |
| 25 | CHEVRON CORP NEW COM | CVX | 166764100 | $2.4M | 0.12% | 11,550 | SH |
| 26 | PFIZER INC COM | PFE | 717081103 | $1.3M | 0.07% | 47,178 | SH |
| 27 | ESSENTIAL UTILS INC COM | WTRG | 29670G102 | $1.0M | 0.05% | 26,041 | SH |
| 28 | MCDONALDS CORP COM | MCD | 580135101 | $932.4K | 0.05% | 3,000 | SH |
| 29 | AMERICAN STS WTR CO COM | AWR | 029899101 | $816.7K | 0.04% | 10,800 | SH |
| 30 | AMERICAN WTR WKS CO INC NEW CO | AWK | 030420103 | $816.5K | 0.04% | 6,000 | SH |
| 31 | RESMED INC COM | RMD | 761152107 | $763.2K | 0.04% | 3,400 | SH |
| 32 | PHILIP MORRIS INTL INC COM | PM | 718172109 | $694.4K | 0.04% | 4,200 | SH |
| 33 | WEYERHAEUSER CO COM | WY | 962166104 | $641.0K | 0.03% | 26,240 | SH |
| 34 | RAYONIER INC COM | RYN | 754907103 | $507.7K | 0.03% | 24,622 | SH |
| 35 | F5 INC COM | FFIV | 315616102 | $462.9K | 0.02% | 1,600 | SH |
| 36 | ELANCO ANIMAL HEALTH INC COM | ELAN | 28414H103 | $452.1K | 0.02% | 18,891 | SH |
| 37 | COLGATE PALMOLIVE CO COM | CL | 194162103 | $426.1K | 0.02% | 5,000 | SH |
| 38 | MIDDLESEX WTR CO COM | MSEX | 596680108 | $347.0K | 0.02% | 6,666 | SH |
| 39 | CALIFORNIA WTR SVC GROUP COM | CWT | 130788102 | $344.6K | 0.02% | 7,600 | SH |
| 40 | STATE STR SPDR S&P 500 ETF TR | SPY | 78462F103 | $310.9K | 0.02% | 478 | SH |
| 41 | SPDR S&P MIDCAP 400 ETF TR UNI | MDY | 78467Y107 | $216.5K | 0.01% | 351 | SH |
| 42 | HERSHEY CO COM | HSY | 427866108 | $124.7K | 0.01% | 600 | SH |
| 43 | TESLA INC COM | TSLA | 88160R101 | $74.3K | 0.00% | 200 | SH |
| 44 | MAGNITE INC COM | MGNI | 55955D100 | $71.2K | 0.00% | 5,991 | SH |
| 45 | NETFLIX INC COM | NFLX | 64110L106 | $62.5K | 0.00% | 650 | SH |
| 46 | NORFOLK SOUTHN CORP COM | NSC | 655844108 | $57.4K | 0.00% | 200 | SH |
| 47 | TOOTSIE ROLL INDS INC COM | TR | 890516107 | $54.6K | 0.00% | 1,279 | SH |
| 48 | AVANOS MED INC COM | AVNS | 05350V106 | $33.3K | 0.00% | 2,375 | SH |
| 49 | CONSOLIDATED EDISON INC COM | ED | 209115104 | $28.6K | 0.00% | 253 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-14 | $1.94B | 49 | 0000872162-26-000006 |
| 2025-12-31 | 2026-02-13 | $1.94B | 50 | 0000872162-26-000002 |
| 2025-09-30 | 2025-11-13 | $2.02B | 51 | 0000872162-25-000011 |