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Distillate Capital Partners LLC

SEC Form 13F institutional filer · CIK 0001741001

13F-HR · 75 reported holdings · 2026-03-31

SEC-registered institutional investment manager.

Reported long-US-equity value

$1.48B

Top-10 concentration

27.0%

Distillate Capital Partners LLC — $1.48B AUM allocation strategy

Distillate Capital Partners LLC files SEC Form 13F and reports $1.48B of long US equity value across 75 reported holdings for 2026-03-31.

Its largest sector bet is Health Care 14.3%, followed by Information Technology 10.2% and Communication Services 4.8%.

The top 10 holdings account for 27% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

Distillate Capital Partners LLC — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$1.48B

total across 75 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

27% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$CRM$PYPL$CTSH

+$CRM +194K sh · +$19.4M+$PYPL +141K sh · +$1.19M+$CTSH +116K sh · +$2.84M

Biggest trims (shares)

$TMUS$MPC$VST

−$TMUS −52.6K sh · −$9.45M−$MPC −31.5K sh · +$4.24M−$VST −8.37K sh · −$2.69M

Added from nil (new positions)

$ABT$AON$ZTS$DASH$UNH

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$PG$JNJ$CSCO$BMY$AMGN

$PG ($38.9M last qtr)$JNJ ($38.4M last qtr)$CSCO ($36.9M last qtr)$BMY ($35.1M last qtr)$AMGN ($28.7M last qtr)

Sector allocation (share of reported value)

Health Care 14%Information Technology 10%Communication Services 5%Industrials 4%Energy 3%Financials 3%Consumer Discretionary 2%Consumer Staples 2%Other holdings 56%SECTORS
  • $XLVHealth Care14.3%
  • $XLKInformation Technology10.2%
  • $XLCCommunication Services4.8%
  • $XLIIndustrials3.9%
  • $XLEEnergy3.5%
  • $XLFFinancials3.3%
  • $XLYConsumer Discretionary2.3%
  • $XLPConsumer Staples1.8%
  • Other holdings56.0%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Application Software 6%Biotechnology 5%Pharmaceuticals 4%Wireless Telecommunication Services 3%Passenger Ground Transportation 2%Cable & Satellite 2%Hotels, Resorts & Cruise Lines 2%Semiconductors 2%Other holdings 74%INDUSTRIES
  • Application Software5.9%
  • Biotechnology5.3%
  • Pharmaceuticals3.6%
  • Wireless Telecommunication Services2.5%
  • Passenger Ground Transportation2.3%
  • Cable & Satellite2.3%
  • Hotels, Resorts & Cruise Lines2.3%
  • Semiconductors2.2%
  • Other holdings73.6%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$ABBVAbbVie Inc260K$56.6M+40.7K3.8%
$CRMSalesforce Inc332K$55.9M+194K3.8%
$MRKMerck & Company Inc447K$53.8M+2.49K3.6%
$TMUST-Mobile US Inc178K$37.3M-52.6K2.5%
$UBERUber Technologies Inc476K$34.3M+112K2.3%
$CMCSAComcast Corporation1.2M$34.1M-6.35K2.3%
$BKNGBooking Holdings Inc8.05K$33.9M+3K2.3%
$QCOMQUALCOMM Incorporated254K$32.7M+68.3K2.2%
$ACNAccenture plc157K$31.2M+42.8K2.1%
$ADBEAdobe Inc128K$31M+51.8K2.1%

…and 65 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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