MC
Martin Capital Partners, LLC 13F Filings & Institutional Holdings (Q3 2026)
Martin Capital Partners, LLCCIK: 0001731216
Diversified strategyMomentum followerQuality / disciplined sizing
Total reported value
$279.1M
Reporting period: 2026-09-30 · Number of holdings: 73
Martin Capital Partners, LLC disclosed 73 holdings in its latest 13F filing for the period ending 2026-09-30, with total reported value of $279.1M and a quarterly turnover rate of 14.0%.
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Personality snowflake
- Concentration
- 10.25
- Portfolio Stability
- 14.03
- Momentum
- 100
- Sector conviction
- 43.07
- Diversification
- 100
- Sizing Uniformity
- 90.6
Martin Capital Partners, LLC's disclosed holdings carry a Herfindahl concentration index of 0.026 — mathematically equivalent to about 39 equally-sized positions, well below its 73 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes are fairly uniform across the portfolio (a coefficient of variation of 0.94), suggesting a disciplined, rules-based approach to how much capital goes into each idea.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govNew buy 30233Q108
Trim PSX
-95.4% -$3.7M
Add MSFT
-3.3% $2.5M
Add CVX
+0.3% $1.9M
Add AMGN
+0.4% $1.9M
Add CME
+1.3% $1.8M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | AMGN | Amgen Inc | Stock-Healthcare | 4.61% | +0.56% | +0.41% | |
| 2 | JNJ | Johnson & Johnson | Stock-Healthcare | 3.96% | +0.06% | -0.09% | |
| 3 | CFR | Cullen/frost Bankers Inc | Stock-Financials | 3.84% | -0.13% | +0.41% | |
| 4 | CME | Cme Group Inc | Stock-Financials | 3.81% | +0.55% | +1.25% | |
| 5 | CVX | Chevron CORP | Stock-Energy | 3.64% | +0.62% | +0.32% | |
| 6 | MSFT | Microsoft CORP | Stock-Tech | 3.63% | +0.83% | -3.31% | |
| 7 | ASML | ASML Holding N.V. | Stock-Tech | 3.40% | -0.39% | +1.22% | |
| 8 | CSCO | Cisco Systems Inc | Stock-Tech | 3.21% | -0.50% | -3.16% | |
| 9 | ✓ | Stock-Other | 3.20% | +3.20% | NEW | ||
| 10 | BKH | Black Hills CORP | Stock-Utilities | 3.10% | -0.27% | +0.17% | |
| 11 | RGA | Reinsurance Group Of America | Stock-Financials | 2.87% | +0.32% | +0.08% | |
| 12 | TXN | Texas Instruments Inc | Stock-Tech | 2.76% | -0.30% | -1.47% | |
| 13 | JPM | Jpmorgan Chase & Co | Stock-Financials | 2.75% | -0.10% | -2.12% | |
| 14 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 2.64% | -0.09% | +0.25% | |
| 15 | UNP | Union Pacific CORP | Stock-Industrials | 2.52% | -0.06% | +0.14% | |
| 16 | GD | General Dynamics CORP | Stock-Industrials | 2.50% | -0.25% | -0.62% | |
| 17 | UL | Unilever Plc-sponsored Adr | Stock-Consumer Staples | 2.32% | -0.04% | -0.10% | |
| 18 | KOF | Coca-cola Femsa Sab-sp Adr | Stock-Other | 2.20% | -0.03% | -0.29% | |
| 19 | MDT | Medtronic plc | Stock-Healthcare | 2.19% | +0.17% | +0.85% | |
| 20 | DVN | Devon Energy CORP | Stock-Energy | 2.18% | +0.17% | +0.05% | |
| 21 | JKHY | Jack Henry & Associates Inc | Stock-Tech | 2.10% | +0.03% | +0.28% | |
| 22 | O | Realty Income CORP | Stock-Real Estate | 2.10% | -0.35% | +0.55% | |
| 23 | TROW | T Rowe Price Group Inc | Stock-Financials | 2.08% | -0.26% | -0.57% | |
| 24 | TTE | TotalEnergies SE | Stock-Other | 1.97% | +0.14% | +0.23% | |
| 25 | PFE | Pfizer Inc | Stock-Healthcare | 1.96% | +0.29% | +1.89% | |
| 26 | SPSB | Ss Spdr P St C CORP ETF | ETF-Other | 1.91% | -0.04% | +1.88% | |
| 27 | PAYX | Paychex Inc | Stock-Tech | 1.90% | -0.04% | +0.06% | |
| 28 | VZ | Verizon Communications Inc | Stock-Comm Services | 1.88% | +0.12% | +0.99% | |
| 29 | PEP | Pepsico Inc | Stock-Consumer Staples | 1.86% | -0.16% | +0.92% | |
| 30 | POR | Portland General Electric Co | Stock-Utilities | 1.74% | -0.33% | +0.04% | |
| 31 | ETR | Entergy CORP | Stock-Utilities | 1.69% | -0.32% | -0.10% | |
| 32 | IGSB | Ishares 1-5y Inv Grade CORP | ETF-Other | 1.66% | -0.05% | +1.56% | |
| 33 | PEG | Public Service Enterprise Gp | Stock-Utilities | 1.64% | -0.38% | +0.14% | |
| 34 | NVO | Novo-nordisk A/s-spons Adr | Stock-Healthcare | 1.62% | -0.50% | -0.82% | |
| 35 | CLX | Clorox Company | Stock-Consumer Staples | 1.35% | -0.26% | +1.36% | |
| 36 | SHY | Ishares 1-3 Year Treasury Bo | ETF-Gov Bonds | 1.34% | -0.02% | +1.99% | |
| 37 | HD | Home Depot Inc | Stock-Consumer Disc | 1.23% | -0.34% | -0.07% | |
| 38 | MKC | Mccormick & Co-non Vtg Shrs | Stock-Consumer Staples | 1.18% | -0.11% | +2.82% | |
| 39 | STIP | Ishares 0-5 Year Tips Bond E | ETF-Other | 1.16% | -0.05% | +0.84% | |
| 40 | NKE | Nike Inc -cl B | Stock-Consumer Disc | 0.99% | -0.19% | -0.24% | |
| 41 | PFG | Principal Financial Group | Stock-Financials | 0.41% | -0.01% | -3.50% | |
| 42 | DGX | Quest Diagnostics Inc | Stock-Healthcare | 0.40% | +0.02% | -2.29% | |
| 43 | IEI | Ishares 3-7 Year Treasury Bo | ETF-Gov Bonds | 0.40% | — | +4.62% | |
| 44 | COR | Cencora Inc | Stock-Healthcare | 0.34% | +0.04% | +9.71% | |
| 45 | AAPL | Apple Inc | Stock-Tech | 0.34% | +0.04% | +0.04% | |
| 46 | MSM | Msc Industrial Direct Co-a | Stock-Industrials | 0.33% | -0.01% | -2.44% | |
| 47 | SCHD | Schwab US Dvd Equity ETF | ETF-Other | 0.24% | +0.01% | +4.16% | |
| 48 | LECO | Lincoln Electric Holdings | Stock-Industrials | 0.23% | -0.01% | -2.66% | |
| 49 | SDY | Ss Spdr S&p Dividend ETF | ETF-Other | 0.21% | -0.01% | +2.69% | |
| 50 | INGR | Ingredion Inc | Stock-Consumer Staples | 0.19% | +0.01% | +8.43% |
1–50 of 73
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Portfolio Performance
Performance for Q4 2026
-1%
Performance Last 4 Quarters
+17.1%
- Stdev
- +10.2%
- Beta
- +0.46
- Alpha
- +1.8%
- Max Drawdown
- -7.4%
- Annualized Perf
- +12.5%
- Batting Avg vs S&P
- +33.3%
- Sortino
- +2.07
- Stutzer
- +0.35
- Treynor
- +0.27
- Sterling
- +0.83
- Calmar
- +1.7
- Information Ratio
- -0.98
- Tracking Error
- +10.8%
- Stdev Down
- +5.9%
- Winning Months %
- +69.4%
- Losing Months %
- +30.6%
- Best 12 Months
- +22.1%
- Worst 12 Months
- -0.6%
- Efficiency Ratio
- +0.46
- Sharpe
- +1.2
- Stdev Sectors
- +6.9%
- Skewness
- -0.39
- Kurtosis
- +0.04
- Upside Potential
- +3.64
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q3 | 73 | $279.1M | 14 | ||
| 2026 Q2 | 72 | $272.0M | 23 | ||
| 2026 Q1 | 68 | $269.1M | 17 | ||
| 2025 Q4 | 70 | $265.8M | 20 | ||
| 2025 Q3 | 70 | $257.8M | 72 | ||
| 2025 Q2 | 75 | $255.1M | 0 | ||
| 2025 Q1 | 58 | $83.6M | 100 | ||
| 2024 Q4 | 58 | $84.3M | 0 | ||
| 2024 Q3 | 69 | $202.4M | 0 | ||
| 2024 Q2 | 71 | $247.6M | 0 | ||
| 2024 Q1 | 69 | $260.7M | 0 | ||
| 2023 Q4 | 70 | $245.3M | 0 | ||
| 2023 Q3 | 72 | $237.6M | 0 | ||
| 2023 Q2 | 72 | $246.3M | 0 | ||
| 2023 Q1 | 70 | $240.4M | 0 | ||
| 2022 Q4 | 71 | $242.3M | 0 | ||
| 2022 Q3 | 77 | $215.7M | 0 | ||
| 2022 Q2 | 71 | $210.8M | 0 | ||
| 2022 Q1 | 70 | $219.0M | 0 | ||
| 2021 Q4 | 69 | $211.8M | 0 | ||
| 2021 Q3 | 68 | $198.0M | 0 | ||
| 2021 Q2 | 68 | $197.2M | 100 | ||
| 2021 Q1 | 69 | $188.4M | 17 | ||
| 2020 Q4 | 67 | $171.1M | 18 | ||
| 2020 Q3 | 63 | $149.5M | 19 | ||
| 2020 Q2 | 60 | $142.2M | 24 | ||
| 2020 Q1 | 58 | $131.3M | 45 | ||
| 2019 Q4 | 62 | $169.2M | 21 | ||
| 2019 Q3 | 53 | $148.6M | 24 | ||
| 2019 Q2 | 50 | $141.4M | 17 | ||
| 2019 Q1 | 61 | $129.5M | 28 | ||
| 2018 Q4 | 49 | $108.4M | 23 | ||
| 2018 Q3 | 58 | $111.6M | 18 | ||
| 2018 Q2 | 45 | $97.9M | 14 | ||
| 2018 Q1 | 44 | $100.5M | 11 | ||
| 2017 Q4 | 44 | $96.3M | — |
Holding changes this quarter
Martin Capital Partners, LLC's most significant position changes for 2026-09-30: New buy: ; Sold out: Caterpillar Inc (CAT); New buy: Hancock Whitney CORP (HWC); Trim: Phillips 66 (PSX) — shares -95.42%; Trim: Microsoft CORP (MSFT) — shares -3.31%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | ✓ | +3.2% | NEW | New buy | |
| 2 | MSFT | Microsoft CORP | +0.8% | -3.31% | Trim |
| 3 | CVX | Chevron CORP | +0.6% | +0.32% | Add |
| 4 | AMGN | Amgen Inc | +0.6% | +0.41% | Add |
| 5 | CME | Cme Group Inc | +0.6% | +1.25% | Add |
| 6 | RGA | Reinsurance Group Of America | +0.3% | +0.08% | Add |
| 7 | PFE | Pfizer Inc | +0.3% | +1.89% | Add |
| 8 | DVN | Devon Energy CORP | +0.2% | +0.05% | Add |
| 9 | MDT | Medtronic plc | +0.2% | +0.85% | Add |
| 10 | TTE | TotalEnergies SE | +0.1% | +0.23% | Add |
| 11 | VZ | Verizon Communications Inc | +0.1% | +0.99% | Add |
| 12 | HWC | Hancock Whitney CORP | +0.1% | NEW | New buy |
| 13 | JNJ | Johnson & Johnson | +0.1% | -0.09% | Trim |
| 14 | COR | Cencora Inc | 0% | +9.71% | Add |
| 15 | AAPL | Apple Inc | 0% | +0.04% | Add |
| 16 | JKHY | Jack Henry & Associates Inc | 0% | +0.28% | Add |
| 17 | DGX | Quest Diagnostics Inc | 0% | -2.29% | Trim |
| 18 | INGR | Ingredion Inc | 0% | +8.43% | Add |
| 19 | SCHD | Schwab US Dvd Equity ETF | 0% | +4.16% | Add |
| 20 | DOX | Amdocs Limited | 0% | -1.08% | Trim |
| 21 | VIGI | Vanguard Int Div App Indx Fd | 0% | +1.83% | Add |
| 22 | PAI | Western Asset Investment Gra | — | — | Unchanged |
| 23 | IEI | Ishares 3-7 Year Treasury Bo | — | +4.62% | Add |
| 24 | BWZ | State Street Spdr Bloomberg | — | +1.73% | Add |
| 25 | GGG | Graco Inc | — | -1.32% | Trim |
| 26 | UPS | United Parcel Service-cl B | 0% | — | Unchanged |
| 27 | SWK | Stanley Black & Decker Inc | 0% | -0.97% | Trim |
| 28 | FAX | Abrdn Asia-pacific Income | 0% | — | Unchanged |
| 29 | LECO | Lincoln Electric Holdings | 0% | -2.66% | Trim |
| 30 | EMN | Eastman Chemical Co | 0% | -2.35% | Trim |
| 31 | AVGO | Broadcom Inc | 0% | — | Unchanged |
| 32 | PRFZ | Inv Rafi US 1500 Sm-usd Inc | 0% | — | Unchanged |
| 33 | MSM | Msc Industrial Direct Co-a | 0% | -2.44% | Trim |
| 34 | LLY | Eli Lilly & Co | 0% | — | Unchanged |
| 35 | COST | Costco Wholesale CORP | 0% | — | Unchanged |
| 36 | REGL | Prshrs S&p Mid 400 Dvd Arist | 0% | +2.79% | Add |
| 37 | SDY | Ss Spdr S&p Dividend ETF | 0% | +2.69% | Add |
| 38 | AWR | American States Water Co | 0% | -1.45% | Trim |
| 39 | RSP | Invesco S&p 500 Equal Weight | 0% | — | Unchanged |
| 40 | ALSN | Allison Transmission Holding | 0% | +0.49% | Add |
| 41 | PFG | Principal Financial Group | 0% | -3.50% | Trim |
| 42 | CGGR | Cap Group Growth Equity | 0% | — | Unchanged |
| 43 | CNP | Centerpoint Energy Inc | 0% | -0.04% | Trim |
| 44 | SNA | Snap-on Inc | 0% | -1.15% | Trim |
| 45 | SHY | Ishares 1-3 Year Treasury Bo | 0% | +1.99% | Add |
| 46 | KOF | Coca-cola Femsa Sab-sp Adr | 0% | -0.29% | Trim |
| 47 | HRL | Hormel Foods CORP | 0% | -0.64% | Trim |
| 48 | UL | Unilever Plc-sponsored Adr | 0% | -0.10% | Trim |
| 49 | SPSB | Ss Spdr P St C CORP ETF | 0% | +1.88% | Add |
| 50 | PAYX | Paychex Inc | 0% | +0.06% | Add |
1–50 of 74
Filing History
FAQ
What is Martin Capital Partners, LLC and what type of investor is it?
Martin Capital Partners, LLC is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-09-30), the firm manages a tracked equity portfolio valued at approximately $279.1M, spread across 73 disclosed positions.
What are Martin Capital Partners, LLC's largest equity positions?
Based on the latest 13F filing, Martin Capital Partners, LLC's top holdings by market value are:
1. Amgen Inc (AMGN) — $12.9M (4.6%)
2. Johnson & Johnson (JNJ) — $11.1M (4.0%)
3. Cullen/frost Bankers Inc (CFR) — $10.7M (3.8%)
4. Cme Group Inc (CME) — $10.6M (3.8%)
5. Chevron CORP (CVX) — $10.2M (3.6%)
What changes did Martin Capital Partners, LLC make in its most recent portfolio filing?
In the latest reported quarter, Martin Capital Partners, LLC made 65 notable position adjustments: 2 new positions were initiated, 36 existing holdings were added to, 26 positions were partially reduced, and 1 were completely exited. The largest of these moves: New buy: ; Sold out: Caterpillar Inc (CAT); New buy: Hancock Whitney CORP (HWC); Trim: Phillips 66 (PSX) — shares -95.42%; Trim: Microsoft CORP (MSFT) — shares -3.31%
What sectors does Martin Capital Partners, LLC focus on?
Martin Capital Partners, LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 20.6%
• Financials: 18.6%
• Health Care: 17.9%
• Consumer Staples: 11.5%
• Utilities: 9.8%
• Industrials: 7.1%
Investment Profile
Martin Capital Partners, LLC returned an annualized 12.5% over the trailing 36 months — outperforming the S&P 500 by 1.8 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.46 (less volatile than the market) and a 33% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding.
Its turnover score has fallen from 72 to 14 over the past 4 quarters — a shift toward longer holding periods.
It has added to its JKHY position over the past two quarters (+$5.0M, now $5.9M), while trimming PSX over the same stretch (-$5.9M, still holding $277.5K).
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Developer Access
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