Churchill Management Corp Top Holdings and 13F Report (2023)

About Churchill Management Corp

Investment Activity

Churchill Management Corp has $8.48 billion in total holdings as of December 31, 2022.
Churchill Management Corp owns shares of 163 different stocks, but just 16 companies or ETFs make up 80% of its holdings.
Approximately 8.02% of the portfolio was purchased this quarter.
About 4.96% of the portfolio was sold this quarter.
This quarter, Churchill Management Corp has purchased 160 new stocks and bought additional shares in 44 stocks.
Churchill Management Corp sold shares of 84 stocks and completely divested from 33 stocks this quarter.

Largest Holdings

Invesco QQQ: $1,080,698,256
Technology Select Sector SPDR Fund: $972,096,487
SPDR S&P 500 ETF Trust: $647,230,861
iShares Russell 1000 Growth ETF: $492,074,199
iShares Core S&P 500 ETF: $441,929,318

Largest New Holdings this Quarter

Materials Select Sector SPDR Fund: $66,812,718 Holding
Utilities Select Sector SPDR Fund: $64,081,778 Holding
Jackson Financial: $11,833,851 Holding
Altria Group: $11,201,246 Holding
Incyte: $10,151,061 Holding

Largest Purchases this Quarter

Invesco QQQ: 409,251 shares (about $196.08M)
SPDR S&P 500 ETF Trust: 299,523 shares (about $163.01M)
Materials Select Sector SPDR Fund: 756,570 shares (about $66.81M)
Utilities Select Sector SPDR Fund: 940,443 shares (about $64.08M)
NVIDIA: 370,641 shares (about $45.79M)

Largest Sales this Quarter

Technology Select Sector SPDR Fund: 723,492 shares (about $163.68M)
Consumer Discretionary Select Sector SPDR Fund: 433,538 shares (about $79.08M)
Industrial Select Sector SPDR Fund: 469,491 shares (about $57.22M)
iShares Russell 1000 Growth ETF: 21,392 shares (about $7.80M)
Exxon Mobil: 58,887 shares (about $6.78M)

Sector Allocation Over Time

Selling

Neutral

Buying

Latest 13F Holdings and Changes Since Previous Quarterly Filing

Issuer Name	Holdings Value	Approximate Purchase/Sale	Change in Shares	Shares Held	% of Portfolio	Sector
QQQ Invesco QQQ	$1,080,698,256	$196,076,249 ▲	22.2%	2,255,637	12.7%	Finance
XLK Technology Select Sector SPDR Fund	$972,096,487	$163,675,591 ▼	-14.4%	4,296,939	11.5%	ETF
SPY SPDR S&P 500 ETF Trust	$647,230,861	$163,006,359 ▲	33.7%	1,189,282	7.6%	Finance
IWF iShares Russell 1000 Growth ETF	$492,074,199	$7,797,597 ▼	-1.6%	1,349,961	5.8%	ETF
IVV iShares Core S&P 500 ETF	$441,929,318	$2,067,982 ▼	-0.5%	807,575	5.2%	ETF
VOO Vanguard S&P 500 ETF	$437,603,908	$278,072 ▼	-0.1%	874,980	5.2%	ETF
XLC Communication Services Select Sector SPDR Fund	$426,031,988	$1,880,751 ▲	0.4%	4,973,523	5.0%	ETF
VTV Vanguard Value ETF	$399,973,873	$1,476,093 ▲	0.4%	2,493,447	4.7%	ETF
XLF Financial Select Sector SPDR Fund	$359,690,295	$4,810,528 ▲	1.4%	8,749,460	4.2%	ETF
XLV Health Care Select Sector SPDR Fund	$292,210,403	$3,543,766 ▲	1.2%	2,004,874	3.4%	ETF
XLI Industrial Select Sector SPDR Fund	$232,982,247	$57,216,857 ▼	-19.7%	1,911,728	2.7%	ETF
IWB iShares Russell 1000 ETF	$221,912,586	$1,645,992 ▼	-0.7%	745,824	2.6%	ETF
FTEC Fidelity MSCI Information Technology Index ETF	$218,246,979	$1,762,368 ▲	0.8%	1,272,429	2.6%	ETF
XLY Consumer Discretionary Select Sector SPDR Fund	$208,814,312	$79,077,352 ▼	-27.5%	1,144,815	2.5%	Finance
DIA SPDR Dow Jones Industrial Average ETF Trust	$207,096,536	$687,606 ▲	0.3%	529,483	2.4%	Finance
AVUV Avantis U.S. Small Cap Value ETF	$197,459,719	$1,290,443 ▲	0.7%	2,200,844	2.3%	ETF
XLE Energy Select Sector SPDR Fund	$112,376,012	$1,471,799 ▲	1.3%	1,232,869	1.3%	ETF
XLP Consumer Staples Select Sector SPDR Fund	$88,886,260	$901,500 ▲	1.0%	1,160,698	1.0%	ETF
XLB Materials Select Sector SPDR Fund	$66,812,718	$66,812,718 ▲	New Holding	756,570	0.8%	ETF
XLU Utilities Select Sector SPDR Fund	$64,081,778	$64,081,778 ▲	New Holding	940,443	0.8%	ETF
AVGO Broadcom	$60,486,664	$1,013,088 ▼	-1.6%	37,674	0.7%	Computer and Technology
NVDA NVIDIA	$50,372,273	$45,788,944 ▲	999.0%	407,741	0.6%	Computer and Technology
MSFT Microsoft	$46,603,614	$994,467 ▲	2.2%	104,270	0.5%	Computer and Technology
AAPL Apple	$45,822,945	$710,843 ▲	1.6%	217,562	0.5%	Computer and Technology
GOOGL Alphabet	$42,431,430	$186,886 ▼	-0.4%	232,948	0.5%	Computer and Technology
CMG Chipotle Mexican Grill	$28,057,885	$27,494,974 ▲	4,884.4%	447,851	0.3%	Retail/Wholesale
AMD Advanced Micro Devices	$25,088,240	$178,269 ▼	-0.7%	154,665	0.3%	Computer and Technology
IR Ingersoll Rand	$24,722,446	$375,532 ▼	-1.5%	272,154	0.3%	Industrial Products
HD Home Depot	$23,753,396	$264,034 ▼	-1.1%	69,002	0.3%	Retail/Wholesale
OKE ONEOK	$23,265,468	$331,501 ▼	-1.4%	285,291	0.3%	Oils/Energy
CAH Cardinal Health	$23,052,334	$52,700 ▲	0.2%	234,462	0.3%	Medical
NFLX Netflix	$22,698,019	$5,884,897 ▲	35.0%	33,633	0.3%	Consumer Discretionary
META Meta Platforms	$22,462,354	$1,495,003 ▲	7.1%	44,549	0.3%	Computer and Technology
VRTX Vertex Pharmaceuticals	$21,493,657	$149,991 ▼	-0.7%	45,856	0.3%	Medical
IGV iShares Expanded Tech-Software Sector ETF	$21,353,676	$221,508 ▲	1.0%	245,727	0.3%	ETF
STX Seagate Technology	$21,060,207	$632,324 ▼	-2.9%	203,933	0.2%	Business Services
CVX Chevron	$19,410,586	$17,363 ▲	0.1%	124,093	0.2%	Oils/Energy
VLO Valero Energy	$18,819,006	$232,788 ▼	-1.2%	120,050	0.2%	Oils/Energy
WRB W. R. Berkley	$17,326,104	$164,939 ▲	1.0%	220,490	0.2%	Finance
MPC Marathon Petroleum	$17,261,647	$409,587 ▼	-2.3%	99,502	0.2%	Oils/Energy
FTAI FTAI Aviation	$16,847,418	$249,094 ▼	-1.5%	163,203	0.2%	Aerospace
GE General Electric	$16,392,372	$167,555 ▲	1.0%	103,116	0.2%	Transportation
XOM Exxon Mobil	$16,088,106	$6,779,059 ▼	-29.6%	139,751	0.2%	Oils/Energy
IWV iShares Russell 3000 ETF	$15,926,528	$34,571 ▲	0.2%	51,597	0.2%	ETF
AMAT Applied Materials	$15,886,465	$418,413 ▼	-2.6%	67,318	0.2%	Computer and Technology
IRM Iron Mountain	$15,885,584	$267,067 ▼	-1.7%	177,255	0.2%	Finance
BRK.B Berkshire Hathaway	$15,123,590	$96,818 ▲	0.6%	37,177	0.2%	Finance
TXT Textron	$15,046,456	$287,202 ▲	1.9%	175,244	0.2%	Aerospace
BSX Boston Scientific	$14,826,968	$170,269 ▲	1.2%	192,533	0.2%	Medical
IWD iShares Russell 1000 Value ETF	$13,382,365	$672,233 ▲	5.3%	76,703	0.2%	ETF
AMZN Amazon.com	$13,242,616	$3,217,798 ▲	32.1%	68,526	0.2%	Retail/Wholesale
IWP iShares Russell Mid-Cap Growth ETF	$12,836,134	$65,769 ▼	-0.5%	116,322	0.2%	ETF
IWO iShares Russell 2000 Growth ETF	$12,726,538	$47,517 ▼	-0.4%	48,477	0.2%	ETF
SNPS Synopsys	$12,658,795	$245,761 ▲	2.0%	21,273	0.1%	Computer and Technology
IWM iShares Russell 2000 ETF	$12,480,072	$34,897 ▼	-0.3%	61,512	0.1%	Finance
GD General Dynamics	$12,367,347	$278,247 ▲	2.3%	42,625	0.1%	Aerospace
IWN iShares Russell 2000 Value ETF	$12,254,902	$55,132 ▲	0.5%	80,466	0.1%	ETF
V Visa	$12,054,186	$331,237 ▲	2.8%	45,926	0.1%	Business Services
DHR Danaher	$12,003,852	$426,996 ▲	3.7%	48,044	0.1%	Multi-Sector Conglomerates
JXN Jackson Financial	$11,833,851	$11,833,851 ▲	New Holding	159,357	0.1%	Finance
AIG American International Group	$11,813,663	$181,220 ▲	1.6%	159,128	0.1%	Finance
IBM International Business Machines	$11,676,719	$355,066 ▼	-3.0%	67,515	0.1%	Computer and Technology
UNH UnitedHealth Group	$11,654,782	$176,202 ▼	-1.5%	22,886	0.1%	Medical
MO Altria Group	$11,201,246	$11,201,246 ▲	New Holding	245,911	0.1%	Consumer Staples
MNST Monster Beverage	$11,164,474	$338,661 ▲	3.1%	223,513	0.1%	Consumer Staples
GWW W.W. Grainger	$11,074,996	$257,138 ▲	2.4%	12,275	0.1%	Industrial Products
ORI Old Republic International	$10,678,260	$150,699 ▼	-1.4%	345,575	0.1%	Finance
TQQQ ProShares UltraPro QQQ	$10,665,883	$652,938 ▲	6.5%	144,485	0.1%	ETF
INCY Incyte	$10,151,061	$10,151,061 ▲	New Holding	167,454	0.1%	Medical
KMI Kinder Morgan	$9,527,352	$141,594 ▼	-1.5%	479,484	0.1%	Oils/Energy
PRU Prudential Financial	$9,308,421	$93,049 ▼	-1.0%	79,430	0.1%	Finance
CCL Carnival Co. &	$9,211,738	$496,155 ▲	5.7%	492,080	0.1%	Consumer Discretionary
BIPC Brookfield Infrastructure	$8,983,608	$129,322 ▼	-1.4%	266,893	0.1%	Utilities
PM Philip Morris International	$8,898,861	$112,273 ▼	-1.2%	87,821	0.1%	Consumer Staples
PEP PepsiCo	$8,866,799	$85,104 ▼	-1.0%	53,761	0.1%	Consumer Staples
VICI VICI Properties	$8,754,566	$136,642 ▼	-1.5%	305,676	0.1%	Finance
CARR Carrier Global	$8,716,642	$102,631 ▼	-1.2%	138,184	0.1%	Computer and Technology
FNF Fidelity National Financial	$8,619,194	$71,659 ▼	-0.8%	174,407	0.1%	Finance
LNC Lincoln National	$8,558,000	$40,088 ▼	-0.5%	275,177	0.1%	Finance
EXR Extra Space Storage	$8,532,641	$74,597 ▼	-0.9%	54,904	0.1%	Finance
SYY Sysco	$8,517,318	$104,015 ▼	-1.2%	119,307	0.1%	Consumer Staples
TDG TransDigm Group	$8,455,223	$195,474 ▼	-2.3%	6,618	0.1%	Aerospace
WRK WestRock	$8,416,123	$111,175 ▼	-1.3%	167,452	0.1%	Basic Materials
LLY Eli Lilly and Company	$8,109,165	$61,563 ▲	0.8%	8,957	0.1%	Medical
PFG Principal Financial Group	$7,955,649	$7,955,649 ▲	New Holding	101,410	0.1%	Finance
SPYV SPDR Portfolio S&P 500 Value ETF	$7,735,708	$134,815 ▲	1.8%	158,714	0.1%	ETF
JPM JPMorgan Chase & Co.	$7,701,333	$1,433,836 ▲	22.9%	38,076	0.1%	Finance
GEHC GE HealthCare Technologies	$7,515,072	$404,794 ▲	5.7%	96,446	0.1%	Medical
LRCX Lam Research	$7,230,331	$7,230,331 ▲	New Holding	6,790	0.1%	Computer and Technology
ABNB Airbnb	$6,945,148	$66,263 ▼	-0.9%	45,803	0.1%	Computer and Technology
CAT Caterpillar	$6,944,592	$89,272 ▼	-1.3%	20,848	0.1%	Industrial Products
JHG Janus Henderson Group	$6,889,577	$72,814 ▼	-1.0%	204,378	0.1%	Finance
MMC Marsh & McLennan Companies	$6,874,327	$421 ▼	0.0%	32,623	0.1%	Finance
MET MetLife	$6,538,250	$102,898 ▼	-1.5%	93,151	0.1%	Finance
PANW Palo Alto Networks	$6,375,761	$69,497 ▼	-1.1%	18,807	0.1%	Computer and Technology
QCOM QUALCOMM	$6,335,961	$6,335,961 ▲	New Holding	31,810	0.1%	Computer and Technology
KEY KeyCorp	$6,099,391	$36,164 ▼	-0.6%	429,232	0.1%	Finance
DIS Walt Disney	$5,971,009	$35,049 ▼	-0.6%	60,137	0.1%	Consumer Discretionary
AMCR Amcor	$5,802,787	$77,194 ▼	-1.3%	593,332	0.1%	Industrial Products
EVRG Evergy	$5,760,752	$5,760,752 ▲	New Holding	108,755	0.1%	Utilities