Q2 2026 13F · SEC CIK 872162

Blackhill Capital Inc

Wealth managerFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $2.4B
Reported positions: 47
Top holdings a year, 3 yrs: +41.1%
Assets under management: $2.0B

Blackhill Capital Inc is a wealth manager that reported 47 positions worth $2.4B in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Williams Sonoma Inc (WSM, 74.3%), Lilly Eli & Co (LLY, 7.2%), Apple Inc (AAPL, 3.0%). A portfolio copying its top holdings returned 41.1% a year over the last 3 years, against 20.4% for the S&P 500.

Blackhill Capital Inc holdings all 47 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Blackhill Capital Inc 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
WSMWilliams Sonoma Inc	74.3%	72.1%	7,684,278	-0.0%	$1.8B
LLYLilly Eli & Co	7.2%	6.9%	145,121	-0.4%	$174.1M
AAPLApple Inc	3.0%	3.2%	248,200	+0.0%	$71.8M
ABBVAbbvie Inc	2.7%	2.9%	263,110	+0.0%	$66.2M
CATCaterpillar Inc Com	2.6%	2.2%	59,500	+0.0%	$63.4M
ETPCEnergy Transfer L P	1.3%	1.2%	1,600,000	+33.3%	$30.6M
NVDANvidia Corporation Com	1.2%	1.3%	139,950	+0.0%	$28.0M
MSFTMicrosoft Corp	1.0%	1.3%	66,050	+0.0%	$24.6M
MRKMerck & Co. Inc	0.9%	1.0%	168,857	+0.0%	$21.7M
JNJJohnson & Johnson	0.7%	0.8%	64,187	+0.0%	$16.3M
ABTAbbott Laboratories	0.7%	1.4%	177,930	-33.7%	$16.1M
BMYBristol-Myers Squibb Co Com	0.7%	0.9%	275,364	+0.0%	$15.9M
BRK-BBerkshire Hathaway Inc Del	0.4%	0.5%	21,237	+0.0%	$10.6M
MAMastercard Inc.	0.4%	0.5%	20,000	+0.0%	$10.3M
DISDisney Walt Co	0.4%	0.5%	101,500	+0.0%	$9.8M
AMZNAmazon Com Inc Com	0.4%	0.4%	36,580	+0.0%	$8.7M
PGProcter & Gamble Co Com	0.3%	0.3%	44,871	+0.0%	$6.6M
GOOGAlphabet Inc	0.3%	0.3%	17,660	+0.0%	$6.2M
GOOGLAlphabet Inc	0.2%	0.2%	15,980	+0.0%	$5.7M
ZTSZoetis Inc	0.2%	0.6%	68,296	-28.8%	$4.9M
BRK-ABerkshire Hathaway Inc Del	0.2%	0.2%	6	+0.0%	$4.5M
EPDEnterprise Prods Partners L	0.2%	0.2%	107,704	+0.0%	$4.0M
ZBHZimmer Hldgs Inc	0.1%	0.2%	42,079	+0.0%	$3.6M
KMBKimberly-Clark Corporation	0.1%	0.1%	29,000	+0.0%	$3.2M
CVXChevron Corp New	0.1%	0.1%	11,550	+0.0%	$1.9M
PFEPfizer Inc	0.0%	0.1%	47,178	+0.0%	$1.1M
WTRGEssential Utilities Inc	0.0%	0.1%	26,041	+0.0%	$998K
AWRAmerican States Water Co	0.0%	0.0%	10,800	+0.0%	$892K
MCDMcdonalds Corp Com	0.0%	0.0%	3,000	+0.0%	$811K
AWKAmerican Water Works Co. Inc.	0.0%	0.0%	6,000	+0.0%	$789K
PMPhilip Morris Intl Inc Com	0.0%	0.0%	4,200	+0.0%	$760K
FFIVF5 Inc	0.0%	0.0%	1,600	+0.0%	$666K
RMDResmed Inc	0.0%	0.0%	3,400	+0.0%	$663K
WYWeyerhaeuser Co	0.0%	0.0%	26,240	+0.0%	$628K
ELANElanco Animal Health Inc	0.0%	0.0%	18,891	+0.0%	$465K
CLColgate Palmolive Co	0.0%	0.0%	5,000	+0.0%	$458K
MSEXMiddlesex Wtr Co	0.0%	0.0%	6,666	+0.0%	$374K
CWTCalifornia Wtr Svc Group	0.0%	0.0%	7,600	+0.0%	$370K
SPYSpdr S&p 500 ETF Tr	0.0%	0.0%	478	+0.0%	$357K
MDYState Street Spdr S&p Midcap 400 ETF Tru	0.0%	0.0%	351	+0.0%	$247K
MGNIMagnite Inc	0.0%	0.0%	5,991	+0.0%	$114K
HSYHershey Co.	0.0%	0.0%	600	+0.0%	$105K
TSLATesla Inc Com	0.0%	0.0%	200	+0.0%	$84K
NSCNorfolk Southn Corp	0.0%	0.0%	200	+0.0%	$63K
AVNSAvanos Med Inc	0.0%	0.0%	2,375	+0.0%	$59K
TRTootsie Roll Inds Inc	0.0%	0.0%	1,317	+3.0%	$52K
EDConsolidated Edison Inc	0.0%	0.0%	253	+0.0%	$28K

What Blackhill Capital Inc bought and sold in Q2 2026, against Q1 2026.

New positions

No new positions among the largest holdings.

Share counts compared with the Q1 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: +24.7% /yr; S&P 500 +20.1%
3 years: +41.1% /yr; S&P 500 +20.4%
5 years: +21.4% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$2.4B	47
Q1 2026	$1.9B	49
Q4 2025	$1.9B	50
Q3 2025	$2.0B	51
Q2 2025	$1.7B	49
Q1 2025	$1.7B	49
Q4 2024	$1.9B	50
Q3 2024	$1.7B	52
Q2 2024	$1.6B	53
Q1 2024	$1.7B	53
Q4 2023	$1.2B	52
Q3 2023	$1.0B	51

Questions about Blackhill Capital Inc's portfolio

What stocks does Blackhill Capital Inc own?

Blackhill Capital Inc's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 47 positions worth $2.4B. The largest are Williams Sonoma Inc (WSM) at 74.3%, Lilly Eli & Co (LLY) at 7.2%, Apple Inc (AAPL) at 3.0%, Abbvie Inc (ABBV) at 2.7% and Caterpillar Inc Com (CAT) at 2.6%.

What did Blackhill Capital Inc buy last quarter?

In Q2 2026, Blackhill Capital Inc added Energy Transfer L P (ETPC) (+33.3% shares), compared with its Q1 2026 filing.

What did Blackhill Capital Inc sell last quarter?

In Q2 2026, Blackhill Capital Inc sold all of Rayonier Inc (RYN), sold all of Netflix Inc Total (NFLX), Abbott Laboratories (ABT) (-33.7% shares) and Zoetis Inc (ZTS) (-28.8% shares), compared with its Q1 2026 filing.

How has Blackhill Capital Inc's portfolio performed?

A portfolio copying Blackhill Capital Inc's 20 largest 13F holdings each quarter, from the day each filing was public, returned +41.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +24.7% against +20.1%. Over 5 years: +21.4% a year against +11.6%.

When is Blackhill Capital Inc's next 13F filing due?

13F filings are due 45 days after each quarter ends. Blackhill Capital Inc's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Blackhill Capital Inc manage?

Blackhill Capital Inc reported $2.0B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.4B.