CHURCHILL MANAGEMENT Corp

Los Angeles, CA · CIK 1094749 · 13F filing filed 2025-07-18

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyLos Angeles, CA

$9.2bn reported value +16.8% vs Q1 2025

164positions

62.8%in top 10

35 new 53 added 60 reduced 27 sold out vs Q1 2025

Holdings, Q2 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	4,809,901	$1.2bn13.22%	13.22%	Added +190.0k	+190,006 4.1%
2	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	1,307,145	$721.1m7.83%	7.83%	Reduced -49.6k	-49,601 -3.7%
3	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	1,067,120	$659.3m7.16%	7.16%	Added +21.6k	+21,558 2.1%
4	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	10,077,535	$527.8m5.73%	5.73%	Reduced -34.9k	-34,901 -0.3%
5	ISHARES TR CORE S&P500 ETF IVV	IVV	826,375	$513.1m5.57%	5.57%	Added +3.1k	+3,123 0.4%
6	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	864,054	$490.8m5.33%	5.33%	Reduced -2.9k	-2,895 -0.3%
7	VANGUARD WORLD FD INF TECH ETF VGT	VGT	685,276	$454.5m4.93%	4.93%	New
8	VANGUARD INDEX FDS VALUE ETF VTV	VTV	2,561,737	$452.8m4.91%	4.91%	Added +4.6k	+4,637 0.2%
9	SELECT SECTOR SPDR TR COMMUNICATION XLC	XLC	3,991,642	$433.2m4.70%	4.70%	Reduced -27.3k	-27,271 -0.7%
10	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	2,305,920	$310.8m3.37%	3.37%	Reduced -384.5k	-384,531 -14.3%
11	ISHARES TR RUS 1000 ETF IWB	IWB	798,988	$271.3m2.94%	2.94%	Added +6.2k	+6,164 0.8%
12	SELECT SECTOR SPDR TR INDL XLI	XLI	1,705,208	$251.6m2.73%	2.73%	Reduced -12.2k	-12,166 -0.7%
13	ISHARES TR RUS 1000 GRW ETF IWF	IWF	581,381	$246.8m2.68%	2.68%	Reduced -801.1k	-801,122 -58.0%
14	SPDR DOW JONES INDL AVERAGE UT SER 1 DIA	DIA	532,670	$234.7m2.55%	2.55%	Added +1.2k	+1,194 0.2%
15	VANGUARD INDEX FDS SMALL CP ETF VB	VB	946,160	$224.2m2.43%	2.43%	New
16	ISHARES TR MSCI USA MMENTM MTUM	MTUM	916,637	$220.3m2.39%	2.39%	New
17	SELECT SECTOR SPDR TR SBI CONS DISCR XLY	XLY	1,004,176	$218.2m2.37%	2.37%	Reduced -2.1k	-2,121 -0.2%
18	SELECT SECTOR SPDR TR SBI CONS STPLS XLP	XLP	2,344,665	$189.8m2.06%	2.06%	Added +22.4k	+22,412 1.0%
19	SELECT SECTOR SPDR TR SBI INT-UTILS XLU	XLU	976,447	$79.7m0.87%	0.87%	Added +465	+465 0.1%
20	BROADCOM INC COM AVGO	AVGO	287,866	$79.4m0.86%	0.86%	Reduced -9.4k	-9,393 -3.2%
21	NVIDIA CORPORATION COM NVDA	NVDA	388,633	$61.4m0.67%	0.67%	Added +16.4k	+16,368 4.4%
22	MICROSOFT CORP COM MSFT	MSFT	104,880	$52.2m0.57%	0.57%	Added +2.8k	+2,818 2.8%
23	NETFLIX INC COM NFLX	NFLX	38,067	$51.0m0.55%	0.55%	Added +5.0k	+5,040 15.3%
24	APPLE INC COM AAPL	AAPL	234,672	$48.1m0.52%	0.52%	Added +8.9k	+8,898 3.9%
25	CARDINAL HEALTH INC COM CAH	CAH	242,896	$40.8m0.44%	0.44%	Added +1.1k	+1,057 0.4%
26	ALPHABET INC CAP STK CL A GOOGL	GOOGL	201,717	$35.5m0.39%	0.39%	Added +2.1k	+2,118 1.1%
27	GE AEROSPACE COM NEW GE	GE	121,912	$31.4m0.34%	0.34%	Added +17.5k	+17,524 16.8%
28	META PLATFORMS INC CL A META	META	39,627	$29.2m0.32%	0.32%	Added +113	+113 0.3%
29	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	55,426	$28.2m0.31%	0.31%	Added +200	+200 0.4%
30	SEAGATE TECHNOLOGY HLDNGS PL ORD SHS STX	STX	182,383	$26.3m0.29%	0.29%	Added +135	+135 0.1%
31	HOME DEPOT INC COM HD	HD	67,743	$24.8m0.27%	0.27%	Reduced -246	-246 -0.4%
32	GE VERNOVA INC COM GEV	GEV	46,827	$24.8m0.27%	0.27%	Added +101	+101 0.2%
33	BERKLEY W R CORP COM WRB	WRB	333,164	$24.5m0.27%	0.27%	Reduced -824	-824 -0.2%
34	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	174,140	$23.7m0.26%	0.26%	New
35	ONEOK INC NEW COM OKE	OKE	279,970	$22.9m0.25%	0.25%	Reduced -2.0k	-2,009 -0.7%
36	JPMORGAN CHASE & CO COM JPM	JPM	75,014	$21.7m0.24%	0.24%	Added +39.3k	+39,275 109.9%
37	BOSTON SCIENTIFIC CORP COM BSX	BSX	195,676	$21.0m0.23%	0.23%	Reduced -1.0k	-1,016 -0.5%
38	WELLS FARGO CO NEW COM WFC	WFC	254,395	$20.4m0.22%	0.22%	Added +3.4k	+3,409 1.4%
39	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	69,028	$20.3m0.22%	0.22%	Reduced -275	-275 -0.4%
40	AMAZON COM INC COM AMZN	AMZN	86,429	$19.0m0.21%	0.21%	Reduced -5.3k	-5,331 -5.8%
41	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	38,684	$18.8m0.20%	0.20%	Added +668	+668 1.8%
42	GILEAD SCIENCES INC COM GILD	GILD	163,496	$18.1m0.20%	0.20%	Added +120.2k	+120,165 277.3%
43	PHILIP MORRIS INTL INC COM PM	PM	92,353	$16.8m0.18%	0.18%	Reduced -35	-35 -0.0%
44	VISA INC COM CL A V	V	46,963	$16.7m0.18%	0.18%	Added +773	+773 1.7%
45	TRANSDIGM GROUP INC COM TDG	TDG	10,591	$16.1m0.17%	0.17%	Added +3.3k	+3,333 45.9%
46	QUEST DIAGNOSTICS INC COM DGX	DGX	88,809	$16.0m0.17%	0.17%	Added +393	+393 0.4%
47	CARNIVAL CORP UNIT 99/99/9999 UNIT 99/99/9999		562,296	$15.8m0.17%	0.17%	Added +15.8k	+15,809 2.9%
48	EXXON MOBIL CORP COM XOM	XOM	144,884	$15.6m0.17%	0.17%	Added +908	+908 0.6%
49	AMERICAN INTL GROUP INC COM NEW AIG	AIG	179,565	$15.4m0.17%	0.17%	Added +4.9k	+4,885 2.8%
50	ALTRIA GROUP INC COM MO	MO	258,228	$15.1m0.16%	0.16%	Added +1.1k	+1,074 0.4%
51	VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF VGK	VGK	192,387	$14.9m0.16%	0.16%	Reduced -2.8k	-2,836 -1.4%
52	KINDER MORGAN INC DEL COM KMI	KMI	500,708	$14.7m0.16%	0.16%	Added +4.8k	+4,756 1.0%
53	AUTOZONE INC COM AZO	AZO	3,940	$14.6m0.16%	0.16%	Added +125	+125 3.3%
54	ISHARES TR RUS MD CP GR ETF IWP	IWP	105,151	$14.6m0.16%	0.16%	Reduced -1.9k	-1,926 -1.8%
55	ISHARES TR MSCI EAFE ETF EFA	EFA	161,299	$14.4m0.16%	0.16%	Reduced -2.1k	-2,090 -1.3%
56	GRAINGER W W INC COM GWW	GWW	13,693	$14.2m0.15%	0.15%	Added +402	+402 3.0%
57	ISHARES TR MSCI EMG MKT ETF EEM	EEM	289,155	$13.9m0.15%	0.15%	Reduced -2.5k	-2,514 -0.9%
58	JACKSON FINANCIAL INC COM CL A JXN	JXN	156,137	$13.9m0.15%	0.15%	Reduced -1.7k	-1,739 -1.1%
59	ISHARES TR RUS 1000 VAL ETF IWD	IWD	66,521	$12.9m0.14%	0.14%	Reduced -983	-983 -1.5%
60	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	229,286	$12.9m0.14%	0.14%	Added +1.8k	+1,819 0.8%
61	ALLIANCEBERNSTEIN HLDG L P UNIT LTD PARTN AB	AB	314,844	$12.9m0.14%	0.14%	Reduced -6.4k	-6,445 -2.0%
62	DOORDASH INC CL A DASH	DASH	51,677	$12.7m0.14%	0.14%	Added +43.0k	+42,961 492.9%
63	TAKE-TWO INTERACTIVE SOFTWAR COM TTWO	TTWO	51,065	$12.4m0.13%	0.13%	New
64	OLD REP INTL CORP COM ORI	ORI	320,694	$12.3m0.13%	0.13%	Reduced -7.5k	-7,533 -2.3%
65	JACOBS SOLUTIONS INC COM J	J	92,027	$12.1m0.13%	0.13%	New
66	BROOKFIELD INFRASTRUCTURE CO COM SUB VTG A BIPC	BIPC	286,303	$11.9m0.13%	0.13%	Added +3.8k	+3,846 1.4%
67	ARCHROCK INC COM AROC	AROC	475,581	$11.8m0.13%	0.13%	Added +16.3k	+16,280 3.5%
68	ISHARES TR RUS 2000 VAL ETF IWN	IWN	74,794	$11.8m0.13%	0.13%	Reduced -411	-411 -0.6%
69	VICI PPTYS INC COM VICI	VICI	344,598	$11.2m0.12%	0.12%	Added +6.6k	+6,647 2.0%
70	ANALOG DEVICES INC COM ADI	ADI	44,797	$10.7m0.12%	0.12%	Added +1.9k	+1,914 4.5%
71	LINCOLN NATL CORP IND COM LNC	LNC	300,271	$10.4m0.11%	0.11%	Added +4.0k	+4,039 1.4%
72	FORD MTR CO COM F	F	952,223	$10.3m0.11%	0.11%	New
73	WISDOMTREE TR EFFICIENT GLD PL GDE	GDE	218,257	$10.3m0.11%	0.11%	New
74	EVERGY INC COM EVRG	EVRG	147,233	$10.1m0.11%	0.11%	Added +7.0k	+6,989 5.0%
75	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	21,996	$9.8m0.11%	0.11%	Reduced -4.4k	-4,392 -16.6%
76	EXTRA SPACE STORAGE INC COM EXR	EXR	64,634	$9.5m0.10%	0.10%	Added +2.7k	+2,706 4.4%
77	CARRIER GLOBAL CORPORATION COM CARR	CARR	129,637	$9.5m0.10%	0.10%	Reduced -1.3k	-1,336 -1.0%
78	COINBASE GLOBAL INC COM CL A COIN	COIN	26,810	$9.4m0.10%	0.10%	New
79	AT&T INC COM T	T	324,104	$9.4m0.10%	0.10%	Added +4.8k	+4,793 1.5%
80	FIDELITY NATIONAL FINANCIAL FNF GROUP COM FNF	FNF	166,763	$9.3m0.10%	0.10%	Reduced -3.3k	-3,283 -1.9%
81	DOLLAR GEN CORP NEW COM DG	DG	81,262	$9.3m0.10%	0.10%	Added +2.3k	+2,307 2.9%
82	COSTCO WHSL CORP NEW COM COST	COST	9,098	$9.0m0.10%	0.10%	Reduced -30	-30 -0.3%
83	PFIZER INC COM PFE	PFE	371,083	$9.0m0.10%	0.10%	Added +44.2k	+44,218 13.5%
84	PRINCIPAL FINANCIAL GROUP IN COM PFG	PFG	112,590	$8.9m0.10%	0.10%	Added +3.3k	+3,272 3.0%
85	DUKE ENERGY CORP NEW COM NEW DUK	DUK	74,778	$8.8m0.10%	0.10%	Reduced -456	-456 -0.6%
86	KEYCORP COM KEY	KEY	505,544	$8.8m0.10%	0.10%	Added +20.5k	+20,500 4.2%
87	METLIFE INC COM MET	MET	106,708	$8.6m0.09%	0.09%	Reduced -2.2k	-2,212 -2.0%
88	GUIDEWIRE SOFTWARE INC COM GWRE	GWRE	36,148	$8.5m0.09%	0.09%	New
89	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	10,976	$8.4m0.09%	0.09%	Added +6.0k	+6,045 122.6%
90	AES CORP COM AES	AES	770,025	$8.1m0.09%	0.09%	Added +17.6k	+17,628 2.3%
91	ADVANCED MICRO DEVICES INC COM AMD	AMD	55,608	$7.9m0.09%	0.09%	New
92	UBER TECHNOLOGIES INC COM UBER	UBER	83,935	$7.8m0.09%	0.09%	New
93	F5 INC COM FFIV	FFIV	26,371	$7.8m0.08%	0.08%	New
94	JANUS HENDERSON GROUP PLC ORD SHS ORD SHS		197,166	$7.7m0.08%	0.08%	Reduced -4.6k	-4,626 -2.3%
95	VERIZON COMMUNICATIONS INC COM VZ	VZ	170,204	$7.4m0.08%	0.08%	Added +5.8k	+5,787 3.5%
96	DISNEY WALT CO COM DIS	DIS	56,659	$7.0m0.08%	0.08%	Reduced -384	-384 -0.7%
97	ENTERGY CORP NEW COM ETR	ETR	82,535	$6.9m0.07%	0.07%	Added +7.4k	+7,384 9.8%
98	MARSH & MCLENNAN COS INC COM MRSH	MRSH	30,652	$6.7m0.07%	0.07%	Reduced -311	-311 -1.0%
99	DOMINION ENERGY INC COM D	D	116,182	$6.6m0.07%	0.07%	New
100	QUALCOMM INC COM QCOM	QCOM	34,776	$5.5m0.06%	0.06%	Reduced -10.8k	-10,753 -23.6%

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
ISHARES TR IUSV	IUSV	1,877,261	$173.3m1.9m shares
MEDTRONIC PLC MDT	MDT	139,656	$12.5m139.7k shares
UNITEDHEALTH GROUP INC UNH	UNH	21,809	$11.4m21.8k shares
INCYTE CORP INCY	INCY	185,009	$11.2m185.0k shares
MICRON TECHNOLOGY INC MU	MU	120,219	$10.4m120.2k shares
CONSTELLATION BRANDS INC STZ	STZ	55,779	$10.2m55.8k shares
VISTRA CORP VST	VST	81,149	$9.5m81.1k shares
GE HEALTHCARE TECHNOLOGIES I GEHC	GEHC	112,750	$9.1m112.8k shares
CITIZENS FINL GROUP INC CFG	CFG	196,232	$8.0m196.2k shares
HEALTHPEAK PROPERTIES INC DOC	DOC	364,478	$7.4m364.5k shares
ASSURANT INC AIZ	AIZ	32,149	$6.7m32.1k shares
CATERPILLAR INC CAT	CAT	19,797	$6.5m19.8k shares
SERVICENOW INC NOW	NOW	6,886	$5.5m6.9k shares
SPDR SERIES TRUST SPYV	SPYV	94,430	$4.8m94.4k shares
ISHARES TR IGV	IGV	49,220	$4.4m49.2k shares
IDEX CORP IEX	IEX	21,913	$4.0m21.9k shares
TEXTRON INC TXT	TXT	29,835	$2.2m29.8k shares
BANK AMERICA CORP BAC	BAC	47,131	$2.0m47.1k shares
BLOCK INC XYZ	XYZ	25,236	$1.4m25.2k shares
FIDELITY COVINGTON TRUST FBCG	FBCG	34,185	$1.4m34.2k shares
SAMSARA INC IOT	IOT	35,087	$1.3m35.1k shares
ROCKET LAB USA INC		61,853	$1.1m61.9k shares
CELLEBRITE DI LTD CLBT	CLBT	53,863	$1.0m53.9k shares
EASTMAN CHEM CO EMN	EMN	10,378	$914.4k10.4k shares
DOCUSIGN INC DOCU	DOCU	8,592	$699.4k8.6k shares