SEC 13F Intelligence

Managers / Q1 2024 · view latest →

BLACKHILL CAPITAL INC

CIK 0000872162 · 161 MADISON AVENUE, MORRISTOWN, NJ, 07960 · 9739847014

Reported Value
$1.7B
Q1 2024
Positions
53
Filings on Record
30
2019–present window
Filed
May 14, 2024
original filing

Summary

Blackhill Capital Inc reported $1.7B in U.S.-listed holdings across 53 positions for Q1 2024.

The portfolio is heavily concentrated: WSM alone accounts for 71.2% of reported value.

Compared with Q4 2023, the fund opened 2 new positions and exited 1.

Portfolio Metrics

Turnover
+1.3%
vs prior filed quarter
Top-10 Concentration
+92.4%
share of reported value
Largest Position
+71.2%
Williams Sonoma Inc Com
New / Exited
2 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $522MQ4 ’18Q1 ’19: $583MQ2 ’19: $621MQ3 ’19: $633MQ4 ’19: $685MQ4 ’19Q1 ’20: $480MQ2 ’20: $680MQ3 ’20: $740MQ4 ’20: $829MQ4 ’20Q1 ’21: $1.1BQ2 ’21: $1.1BQ3 ’21: $1.2BQ4 ’21: $1.2BQ4 ’21Q1 ’22: $1.1BQ2 ’22: $863MQ3 ’22: $842MQ4 ’22: $863MQ4 ’22Q1 ’23: $896MQ2 ’23: $932MQ3 ’23: $1.0BQ4 ’23: $1.2BQ4 ’23Q1 ’24: $1.7BQ2 ’24: $1.6BQ3 ’24: $1.7BQ4 ’24: $1.9BQ4 ’24Q1 ’25: $1.7BQ2 ’25: $1.7BQ3 ’25: $2.0BQ4 ’25: $1.9BQ4 ’25Q1 ’26: $1.9Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 99.7%MLP: 0.2%REIT: 0.1%ETP: 0.0%
  • Common Stock · 99.7% · $1.7B
  • MLP · 0.2% · $3M
  • REIT · 0.1% · $2M
  • ETP · 0.0% · $445,323

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AMDADVANCED MICRO DEVICES INC COMNEW+9.1K9.1K+$2M$2M
TSLATESLA INC COMNEW+200200+$35,158$35,158
NKENIKE INC CL BSOLD OUT−1.4K0−$151,998$0
PFEPFIZER INC COMTRIMMED−222.0K53.1K−$6M$1M
NVDANVIDIA CORP COMADDED+4.3K13.8K+$8M$13M
BMYBRISTOL MYERS SQUIBB CO COMTRIMMED−56.8K314.5K−$2M$17M
KVUEKENVUE INC COMTRIMMED−33.0K444.9K−$741,632$10M
JNJJOHNSON & JOHNSON COMHELD−4.0K157.2K−$398,025$25M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2024

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1WSMWILLIAMS SONOMA INC COMhistory →COM71.20%$1.2B3.90M
2LLYLILLY ELI & CO COMhistory →COM6.59%$115M147.4K
3ABBVABBVIE INC COMhistory →COM2.62%$46M250.4K
4AAPLAPPLE INC COMhistory →COM2.57%$45M261.4K
5ABTABBOTT LABS COMhistory →COM1.95%$34M298.2K
6MSFTMICROSOFT CORP COMhistory →COM1.74%$30M72.0K
7MRKMERCK & CO INC NEW COMhistory →COM1.58%$28M208.5K
8JNJJOHNSON & JOHNSON COMhistory →COM1.43%$25M157.2K
9ZTSZOETIS INC COMhistory →COM1.42%$25M146.5K
10CATCATERPILLAR INS COMhistory →COM1.26%$22M60.0K
11BMYBRISTOL MYERS SQUIBB CO COMhistory →COM0.98%$17M314.5K
12BRK/BBERKSHIRE HATHAWAY INC DEL CLCOM0.73%$13M21.3K
13NVDANVIDIA CORP COMhistory →COM0.72%$13M13.8K
14DISDISNEY WALT CO DISNEY COMhistory →COM0.71%$12M101.5K
15ZBHZIMMER BIOMET HLDGS INC COMhistory →COM0.63%$11M83.0K
16MAMASTERCARD INC CL ACOM0.55%$10M20.0K
17KVUEKENVUE INC COMCOM0.55%$10M444.9K
18CICIGNA GROUP COMCOM0.45%$8M21.8K
19PGPROCTER & GAMBLE CO COMCOM0.42%$7M44.9K
20KMBKIMBERLY-CLARK CORP COMCOM0.40%$7M54.0K
21AMZNAMAZON COM INC COMCOM0.21%$4M20.1K
22EPDENTERPRISE PRODS PARTNERS L PCOM0.18%$3M108.7K
23GOOGALPHABET INC CAP STK CL CCOM0.15%$3M17.7K
24GOOGLALPHABET INC CL ACOM0.14%$2M16.0K
25CHVCHEVRON CORP NEW COMCOM0.10%$2M11.6K
26AMDADVANCED MICRO DEVICES INC COMCOM0.09%$2M9.1K
27PFEPFIZER INC COMCOM0.08%$1M53.1K
28WTRGESSENTIAL UTILS INC COMCOM0.06%$964,81926.0K
29WYWEYERHAEUSER CO COMCOM0.05%$942,27826.2K
30MCDMCDONALDS CORP COMCOM0.05%$845,8503.0K
31AWRAMERICAN STS WTR CO COMCOM0.04%$780,19210.8K
32AWCAMERICAN WTR WKS CO INC NEW COCOM0.04%$733,2606.0K
33RMERESMED INC COMCOM0.04%$673,3023.4K
344I1PHILIP MORRIS INTL INC COMCOM0.03%$476,4245.2K
35CLCOLGATE PALMOLIVE CO COMCOM0.03%$450,2505.0K
36POTLATCHDELTIC CORP COMCOM0.02%$401,5518.5K
37CWTCALIFORNIA WTR SVC GROUP COMCOM0.02%$353,2487.6K
38MSEXMIDDLESEX WTR CO COMCOM0.02%$349,9656.7K
39ELANELANCO ANIMAL HEALTH INC COMCOM0.02%$322,39319.8K
40FFIVF5 INC COMCOM0.02%$303,3441.6K
41RYNRAYONIER INC COMCOM0.02%$274,2308.3K
42SPDR S&P 500 ETF TR TR UNITCOM0.01%$250,027478
43BAXBAXTER INTL INC COMCOM0.01%$213,7005.0K
44MGNIMAGNITE INC COMCOM0.01%$201,87418.8K
45MDYSPDR S&P MIDCAP 400 ETF TR UNICOM0.01%$195,296351
46HSYHERSHEY CO COMCOM0.01%$116,700600
47AVNSAVANOS MED INC COMCOM0.01%$89,9534.5K
48NSCNORFOLK SOUTHN CORP COMCOM0.00%$50,974200
49TRTOOTSIE ROLL INDS INC COMCOM0.00%$38,6281.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.9B49May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.9B50Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.0B51Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.7B49Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.7B49May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.9B50Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.7B52Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.6B53Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.7B53May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.2B52Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.0B51Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$932M51Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$896M52May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$863M52Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$842M52Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$863M52Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.1B55May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.2B54Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.2B56Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.1B56Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.1B56May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$829M58Feb 8, 202113F-HRchanges · EDGAR ↗
Q3 2020$740M56Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$680M57Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$480M62May 12, 202013F-HRchanges · EDGAR ↗
Q4 2019$685M63Feb 10, 202013F-HRchanges · EDGAR ↗
Q3 2019$633M67Nov 7, 201913F-HRchanges · EDGAR ↗
Q2 2019$621M68Jul 29, 201913F-HRchanges · EDGAR ↗
Q1 2019$583M68May 2, 201913F-HRchanges · EDGAR ↗
Q4 2018$522M67Jan 31, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.