SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Constitution Capital LLC

CIK 0001845531 · 2 TRAP FALLS ROAD, SUITE 504, SHELTON, CT, 06484 · (475) 269-3200

Reported Value
$188M
Q4 2021
Positions
65
Filings on Record
23
2019–present window
Filed
Feb 8, 2022
original filing

Summary

Constitution Capital LLC reported $188M in U.S.-listed holdings across 65 positions for Q4 2021.

The portfolio is heavily concentrated: MSFT alone accounts for 27.3% of reported value.

Compared with Q3 2021, the fund opened 4 new positions and exited 6.

Portfolio Metrics

Turnover
+6.0%
vs prior filed quarter
Top-10 Concentration
+71.4%
share of reported value
Largest Position
+27.3%
Microsoft
New / Exited
4 / 6
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 ’20: $141MQ4 ’20Q1 ’21: $151MQ2 ’21: $163MQ3 ’21: $167MQ3 ’21Q4 ’21: $188MQ1 ’22: $182MQ2 ’22: $156MQ2 ’22Q3 ’22: $150MQ4 ’22: $162MQ1 ’23: $165MQ1 ’23Q2 ’23: $176MQ3 ’23: $147MQ4 ’23: $166MQ4 ’23Q1 ’24: $177MQ2 ’24: $190MQ3 ’24: $187MQ3 ’24Q4 ’24: $178MQ1 ’25: $181MQ2 ’25: $196MQ2 ’25Q3 ’25: $214MQ4 ’25: $211MQ1 ’26: $200MQ1 ’26Q2 ’26: $195Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 89.5%ETP: 9.6%Closed-End Fund: 0.6%REIT: 0.2%Other: 0.1%
  • Common Stock · 89.5% · $168M
  • ETP · 9.6% · $18M
  • Closed-End Fund · 0.6% · $1M
  • REIT · 0.2% · $293,000
  • Other · 0.1% · $204,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PFEPFIZER INCNEW+5.0K5.0K+$294,000$294,000
BABOEING CONEW+1.2K1.2K+$242,000$242,000
ABBVABBVIE INCNEW+1.7K1.7K+$230,000$230,000
NKENIKE INCNEW+1.3K1.3K+$219,000$219,000
SPDR SER TRSOLD OUT−4.3K0−$540,000$0
PYPLPAYPAL HLDGS INCSOLD OUT−2.0K0−$520,000$0
SHOPSHOPIFY INCSOLD OUT−3000−$407,000$0
AMGNAMGEN INCSOLD OUT−1.1K0−$226,000$0

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

Holdings — Q4 2021

43 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM27.33%$51M152.5K
2PEPPEPSICO INChistory →COM11.72%$22M126.6K
3XLCSELECT SECTOR SPDR TRSBI HEALTHCARE · TECHNOLOGY · SBI CONS DISCR · COMMUNICATION · SBI INT-INDS · FINANCIAL · SBI CONS STPLS · SBI INT-UTILS9.43%$18M140.9K
4HDHOME DEPOT INChistory →COM5.75%$11M26.0K
5NEENEXTERA ENERGY INChistory →COM4.77%$9M95.8K
6AAPLAPPLE INChistory →COM4.66%$9M49.2K
7JPMJPMORGAN CHASE & COhistory →COM4.63%$9M54.9K
8UNPUNION PAC CORPhistory →COM3.27%$6M24.4K
9WMTWALMART INChistory →COM3.00%$6M38.9K
10JNJJOHNSON & JOHNSONhistory →COM2.72%$5M29.8K
11VVISA INChistory →COM CL A2.06%$4M17.8K
12CMCSACOMCAST CORP NEWhistory →CL A1.83%$3M68.3K
13PGPROCTER AND GAMBLE COhistory →COM1.73%$3M19.9K
14UNHUNITEDHEALTH GROUP INChistory →COM1.70%$3M6.3K
15DUKDUKE ENERGY CORP NEWhistory →COM NEW1.56%$3M27.9K
16GOOGLALPHABET INChistory →CAP STK CL A1.36%$3M878
17SYYSYSCO CORPhistory →COM1.26%$2M30.0K
18UPSUNITED PARCEL SERVICE INCCL B0.89%$2M7.8K
19AMZNAMAZON COM INCCOM0.82%$2M460
20BACVERIZON COMMUNICATIONS INCCOM0.72%$1M25.9K
21TJXTJX COS INC NEWCOM0.65%$1M16.1K
22AXPAMERICAN EXPRESS COCOM0.52%$982,0006.0K
23NVDANVIDIA CORPORATIONCOM0.52%$971,0003.3K
24COSTCOSTCO WHSL CORP NEWCOM0.45%$852,0001.5K
25KOCOCA COLA COCOM0.42%$780,00013.2K
26MCDMCDONALDS CORPCOM0.40%$759,0002.8K
27CNRCANADIAN NATL RY COCOM0.38%$716,0005.8K
28SOSOUTHERN COCOM0.38%$706,00010.3K
29AEPAMERICAN ELEC PWR CO INCCOM0.33%$626,0007.0K
30GMGENERAL MTRS COCOM0.33%$614,00010.5K
31ZTSZOETIS INCCL A0.29%$537,0002.2K
32DEDEERE & COCOM0.28%$533,0001.6K
33SPDR S&P 500 ETF TRTR UNIT0.22%$407,000856
34MRKMERCK & CO INCCOM0.20%$382,0005.0K
35HONGBPHONEYWELL INTL INCCOM0.19%$354,0001.7K
36ELVANTHEM INCCOM0.19%$348,000750
37ADBEADOBE SYSTEMS INCORPORATEDCOM0.18%$340,000600
38MAMASTERCARD INCORPORATEDCL A0.17%$323,000900
39XIFRNEXTERA ENERGY PARTNERS LPCOM UNIT PART IN0.17%$321,0003.8K
40MARMARRIOTT INTL INC NEWCL A0.17%$313,0001.9K
41CSCOCISCO SYS INCCOM0.16%$301,0004.8K
42NSCNORFOLK SOUTHN CORPCOM0.16%$298,0001.0K
43PFEPFIZER INCCOM0.16%$294,0005.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2026$195M62Jul 9, 202613F-HRchanges · EDGAR ↗
Q1 2026$200M61Apr 9, 202613F-HRchanges · EDGAR ↗
Q4 2025$211M64Jan 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$214M61Oct 17, 202513F-HRchanges · EDGAR ↗
Q2 2025$196M56Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$181M60Apr 11, 202513F-HRchanges · EDGAR ↗
Q4 2024$178M56Jan 15, 202513F-HRchanges · EDGAR ↗
Q3 2024$187M59Oct 11, 202413F-HRchanges · EDGAR ↗
Q2 2024$190M64Jul 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$177M60Apr 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$166M63Jan 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$147M61Oct 11, 202313F-HRchanges · EDGAR ↗
Q2 2023$176M66Jul 12, 202313F-HRchanges · EDGAR ↗
Q1 2023$165M67May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$162M66Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$150M63Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$156M61Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$182M68May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$188M65Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$167M67Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$163M68Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$151M62May 4, 202113F-HRchanges · EDGAR ↗
Q4 2020$141M57Feb 16, 202113F-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 ↗.