SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Constitution Capital LLC

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

Reported Value
$165M
Q1 2023
Positions
67
Filings on Record
23
2019–present window
Filed
May 10, 2023
original filing

Summary

Constitution Capital LLC reported $165M in U.S.-listed holdings across 67 positions for Q1 2023.

Its largest position, MSFT, represents 18.5% of the portfolio.

Compared with Q4 2022, the fund opened 4 new positions and exited 3.

Portfolio Metrics

Turnover
+9.5%
vs prior filed quarter
Top-10 Concentration
+69.3%
share of reported value
Largest Position
+18.5%
Microsoft
New / Exited
4 / 3
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: 89.4%ETP: 8.7%REIT: 1.2%Closed-End Fund: 0.3%Other: 0.3%
  • Common Stock · 89.4% · $148M
  • ETP · 8.7% · $14M
  • REIT · 1.2% · $2M
  • Closed-End Fund · 0.3% · $564,084
  • Other · 0.3% · $519,999

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
QCOMQUALCOMM INCNEW+2.1K2.1K+$271,745$271,745
TSLATESLA INCNEW+1.1K1.1K+$217,833$217,833
CSCOCISCO SYS INCNEW+4.0K4.0K+$206,486$206,486
WWEUSDWORLD WRESTLING ENTMT INCNEW+2.2K2.2K+$200,772$200,772
PARAMOUNT GLOBALADDED+77.2K133.0K+$2M$3M
ASML HOLDING N VSOLD OUT−5000−$273,200$0
AMGNAMGEN INCSOLD OUT−8650−$227,184$0
WFCWELLS FARGO CO NEWSOLD OUT−5.3K0−$218,837$0

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

Holdings — Q1 2023

43 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM18.54%$31M106.1K
2PEPPEPSICO INChistory →COM16.82%$28M152.2K
3XLFSELECT SECTOR SPDR TRSBI HEALTHCARE · TECHNOLOGY · SBI CONS DISCR · FINANCIAL · SBI INT-INDS · SBI CONS STPLS · SBI INT-UTILS · ENERGY8.40%$14M128.3K
4AAPLAPPLE INChistory →COM7.97%$13M79.7K
5JPMJPMORGAN CHASE & COhistory →COM5.10%$8M64.6K
6HDHOME DEPOT INChistory →COM4.64%$8M25.9K
7NEENEXTERA ENERGY INChistory →COM3.39%$6M72.5K
8UNHUNITEDHEALTH GROUP INChistory →COM3.13%$5M10.9K
9UNPUNION PAC CORPhistory →COM2.75%$5M22.6K
10WMTWALMART INChistory →COM2.58%$4M28.9K
11PGPROCTER AND GAMBLE COhistory →COM2.32%$4M25.7K
12DUKDUKE ENERGY CORP NEWhistory →COM NEW2.08%$3M35.6K
13PARAMOUNT GLOBALCLASS B COM1.80%$3M133.0K
14JNJJOHNSON & JOHNSONhistory →COM1.52%$3M16.2K
15AXPAMERICAN EXPRESS COhistory →COM1.44%$2M14.4K
16SYYSYSCO CORPhistory →COM1.33%$2M28.4K
17PLDPROLOGIS INC.history →COM1.24%$2M16.4K
18VVISA INChistory →COM CL A1.02%$2M7.5K
19UPSUNITED PARCEL SERVICE INCCL B0.84%$1M7.2K
20GOOGLALPHABET INCCAP STK CL A0.75%$1M11.9K
21DISDISNEY WALT COCOM0.72%$1M11.8K
22AEPAMERICAN ELEC PWR CO INCCOM0.70%$1M12.6K
23CVSCVS HEALTH CORPCOM0.68%$1M15.0K
24TJXTJX COS INC NEWCOM0.65%$1M13.7K
25DEDEERE & COCOM0.61%$1M2.4K
26BACVERIZON COMMUNICATIONS INCCOM0.55%$911,77623.4K
27NVDANVIDIA CORPORATIONCOM0.54%$891,3643.2K
28MCDMCDONALDS CORPCOM0.54%$889,7193.2K
29AMZNAMAZON COM INCCOM0.49%$815,9917.9K
30ELVELEVANCE HEALTH INCCOM0.49%$804,6681.8K
31COSTCOSTCO WHSL CORP NEWCOM0.45%$745,3051.5K
32KOCOCA COLA COCOM0.43%$704,10311.4K
33MEDTRONIC PLCSHS0.32%$519,9996.5K
34CNRCANADIAN NATL RY COCOM0.30%$500,7834.2K
35BACBANK AMERICA CORPCOM0.30%$487,63017.1K
36PFEPFIZER INCCOM0.29%$478,74711.7K
37ABBVABBVIE INCCOM0.29%$478,1103.0K
38SOSOUTHERN COCOM0.28%$465,7696.7K
39CMCSACOMCAST CORP NEWCL A0.28%$457,00512.1K
40CATCATERPILLAR INCCOM0.26%$434,7961.9K
41SPDR S&P 500 ETF TRTR UNIT0.26%$430,2691.1K
42XIFRNEXTERA ENERGY PARTNERS LPCOM UNIT PART IN0.22%$364,5006.0K
43MRKMERCK & CO INCCOM0.22%$361,7263.4K

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 ↗.