BOYD WATTERSON ASSET MANAGEMENT LLC/OH

CIK: 0001121477SEC EDGAR →

Portfolio Value

$346.4B

Holdings

421

As of

Q4 2025

New Positions

421

Closed Positions

Portfolio Value History

Top 10 Holdings

Rank	Stock	Shares	Value	% of Portfolio
1	SPY SPDR S & P 500 ETF Trust	36,352	$24.8B	7.16%
2	MSFT Microsoft Corp	50,156	$24.3B	7.00%
3	GOOGL Alphabet Inc-CL A	62,789	$19.7B	5.67%
4	AVGO Broadcom Inc	48,394	$16.7B	4.84%
5	JPM J P Morgan Chase	37,262	$12.0B	3.47%
6	LLY Lilly (Eli) & Co	10,809	$11.6B	3.35%
7	AXP American Express Co	27,762	$10.3B	2.96%
8	MDY SPDR S & P Midcap 400 ETF	13,936	$8.4B	2.43%
9	ETN Eaton Corp PLC	26,125	$8.3B	2.40%
10	AAPL Apple Inc	28,789	$7.8B	2.26%

Quarterly Changes

Top Buys

SPYNEW

$24.8B

MSFTNEW

$24.3B

GOOGLNEW

$19.7B

AVGONEW

$16.7B

JPMNEW

$12.0B

Top Sells

No sells this quarter

New Positions (421)

$24.8B · 36K shares

$24.3B · 50K shares

$19.7B · 63K shares

$16.7B · 48K shares

$12.0B · 37K shares

$11.6B · 11K shares

$10.3B · 28K shares

$8.4B · 14K shares

$8.3B · 26K shares

$7.8B · 29K shares

$7.6B · 33K shares

$6.7B · 34K shares

$6.2B · 11K shares

$5.7B · 47K shares

$5.5B · 24K shares

$5.3B · 15K shares

GOOG

$5.3B · 17K shares

VOO

$5.1B · 8K shares

$5.0B · 6K shares

$4.6B · 22K shares

$4.5B · 39K shares

$4.5B · 24K shares

$4.4B · 35K shares

$4.3B · 27K shares

$4.0B · 9K shares

$4.0B · 73K shares

$3.7B · 35K shares

$3.5B · 4K shares

EXPE

$3.2B · 11K shares

$3.1B · 22K shares

$3.1B · 21K shares

$2.9B · 24K shares

$2.9B · 17K shares

$2.8B · 19K shares

$2.7B · 10K shares

$2.6B · 6K shares

$2.5B · 90K shares

$2.4B · 18K shares

$2.4B · 25K shares

$2.4B · 19K shares

$2.3B · 43K shares

$2.2B · 4K shares

$2.2B · 10K shares

$2.0B · 7K shares

$1.9B · 21K shares

$1.7B · 318 shares

$1.7B · 11K shares

$1.6B · 23K shares

$1.5B · 4K shares

PSX

$1.4B · 11K shares

$1.4B · 4K shares

$1.3B · 17K shares

$1.3B · 3K shares

$1.3B · 13K shares

$1.3B · 7K shares

$1.3B · 7K shares

$1.2B · 13K shares

$1.2B · 11K shares

$1.1B · 6K shares

$1.1B · 5K shares

$1.1B · 4K shares

$1.1B · 2K shares

$1.1B · 3K shares

$1.0B · 11K shares

$1.0B · 4K shares

$924.0M · 5K shares

$910.0M · 18K shares

$901.0M · 4K shares

$881.0M · 11K shares

$878.0M · 1K shares

$863.0M · 2K shares

$827.0M · 1K shares

$814.0M · 8K shares

$811.0M · 4K shares

$797.0M · 10K shares

$778.0M · 8K shares

$772.0M · 25K shares

$768.0M · 5K shares

$767.0M · 12K shares

$740.0M · 74K shares

$706.0M · 11K shares

$693.0M · 1K shares

$689.0M · 7K shares

$650.0M · 3K shares

$649.0M · 3K shares

$644.0M · 12K shares

$640.0M · 11K shares

$634.0M · 1K shares

$631.0M · 12K shares

$626.0M · 9K shares

$625.0M · 1K shares

$624.0M · 5K shares

$617.0M · 6K shares

$587.0M · 11K shares

$583.0M · 6K shares

$582.0M · 11K shares

$577.0M · 6K shares

$543.0M · 663 shares

$540.0M · 19K shares

$523.0M · 2K shares

$515.0M · 1K shares

$496.0M · 464 shares

$476.0M · 1K shares

$449.0M · 11K shares

$435.0M · 1K shares

$426.0M · 8K shares

$420.0M · 11K shares

$414.0M · 5K shares

$411.0M · 10K shares

$391.0M · 2K shares

$366.0M · 8K shares

$360.0M · 8K shares

$350.0M · 10K shares

$338.0M · 14K shares

$336.0M · 1K shares

$329.0M · 3K shares

$318.0M · 3K shares

$313.0M · 15K shares

$299.0M · 8K shares

$288.0M · 5K shares

$281.0M · 8K shares

$281.0M · 3K shares

$273.0M · 5K shares

$245.0M · 9K shares

$241.0M · 3K shares

$237.0M · 484 shares

$234.0M · 3K shares

$227.0M · 10K shares

$220.0M · 5K shares

$217.0M · 13K shares

$213.0M · 9K shares

$212.0M · 5K shares

$201.0M · 820 shares

$190.0M · 7K shares

$178.0M · 10K shares

$174.0M · 2K shares

$150.0M · 3K shares

$149.0M · 2K shares

$140.0M · 719 shares

$137.0M · 3K shares

$135.0M · 847 shares

$131.0M · 2K shares

$121.0M · 2K shares

$116.0M · 1K shares

EOG

$115.0M · 1K shares

HCA

$108.0M · 232 shares

LQD

$106.0M · 965 shares

$106.0M · 1K shares

KLMN

$103.0M · 870 shares

KLAC

$102.0M · 84 shares

VPU

$101.0M · 550 shares

$99.0M · 4K shares

$91.0M · 4K shares

$87.0M · 287 shares

$83.0M · 2K shares

$83.0M · 344 shares

$77.0M · 510 shares

$71.0M · 1K shares

TLT

$70.0M · 814 shares

PAYX

$70.0M · 626 shares

MCD

$66.0M · 216 shares

$64.0M · 734 shares

EPD

$63.0M · 2K shares

NSRGY

$63.0M · 641 shares

$62.0M · 200 shares

$62.0M · 240 shares

$61.0M · 430 shares

$60.0M · 675 shares

$60.0M · 160 shares

$60.0M · 28 shares

$59.0M · 177 shares

$59.0M · 260 shares

$58.0M · 2K shares

$58.0M · 1K shares

$58.0M · 264 shares

$57.0M · 356 shares

$56.0M · 56 shares

$56.0M · 479 shares

$55.0M · 93 shares

$53.0M · 234 shares

$53.0M · 71 shares

$53.0M · 460 shares

$52.0M · 150 shares

$51.0M · 556 shares

$50.0M · 2K shares

$50.0M · 312 shares

$49.0M · 1K shares

$49.0M · 240 shares

$48.0M · 138 shares

$47.0M · 726 shares

$47.0M · 1K shares

$46.0M · 622 shares

$45.0M · 298 shares

$44.0M · 607 shares

$44.0M · 1K shares

$43.0M · 1K shares

$43.0M · 114 shares

$43.0M · 246 shares

$41.0M · 830 shares

$40.0M · 462 shares

$40.0M · 249 shares

$37.0M · 850 shares

$37.0M · 700 shares

$37.0M · 600 shares

$35.0M · 448 shares

$35.0M · 329 shares

$35.0M · 740 shares

$35.0M · 2K shares

$34.0M · 1K shares

$34.0M · 435 shares

$33.0M · 64 shares

$33.0M · 500 shares

$33.0M · 600 shares

$33.0M · 280 shares

$33.0M · 339 shares

STIP

$33.0M · 329 shares

IBDRY

$33.0M · 387 shares

IHG

$33.0M · 239 shares

$32.0M · 557 shares

$32.0M · 416 shares

$32.0M · 5K shares

$32.0M · 234 shares

$31.0M · 79 shares

$30.0M · 141 shares

NSC

$30.0M · 104 shares

JPM

$28.0M · 943 shares

$28.0M · 965 shares

$27.0M · 97 shares

$27.0M · 150 shares

$26.0M · 132 shares

$26.0M · 331 shares

$26.0M · 564 shares

$26.0M · 193 shares

$25.0M · 1K shares

$25.0M · 86 shares

$24.0M · 228 shares

$24.0M · 474 shares

$24.0M · 264 shares

$24.0M · 805 shares

$24.0M · 480 shares

$23.0M · 928 shares

$22.0M · 326 shares

$22.0M · 1K shares

$21.0M · 73 shares

$21.0M · 267 shares

$20.0M · 30 shares

$20.0M · 419 shares

$20.0M · 629 shares

$19.0M · 170 shares

$19.0M · 66 shares

$19.0M · 56 shares

$18.0M · 876 shares

$17.0M · 266 shares

$17.0M · 97 shares

$17.0M · 297 shares

$16.0M · 345 shares

$16.0M · 55 shares

$16.0M · 562 shares

$15.0M · 317 shares

$15.0M · 184 shares

$15.0M · 357 shares

SNY

$15.0M · 320 shares

VLO

$15.0M · 95 shares

UNP

$15.0M · 68 shares

$14.0M · 1K shares

$14.0M · 91 shares

$14.0M · 1K shares

$14.0M · 315 shares

$14.0M · 1K shares

$13.0M · 754 shares

$13.0M · 173 shares

$13.0M · 655 shares

$13.0M · 700 shares

$13.0M · 296 shares

$12.0M · 26 shares

$12.0M · 57 shares

$12.0M · 95 shares

$11.0M · 195 shares

$11.0M · 128 shares

$11.0M · 382 shares

$11.0M · 87 shares

$10.0M · 806 shares

$10.0M · 125 shares

$10.0M · 149 shares

$9.0M · 500 shares

$9.0M · 500 shares

$9.0M · 464 shares

$9.0M · 103 shares

$9.0M · 428 shares

$9.0M · 258 shares

$9.0M · 114 shares

$9.0M · 200 shares

$8.0M · 70 shares

$8.0M · 42 shares

$8.0M · 79 shares

$7.0M · 134 shares

$7.0M · 144 shares

$7.0M · 431 shares

$7.0M · 300 shares

$7.0M · 20 shares

$7.0M · 100 shares

$7.0M · 250 shares

$7.0M · 75 shares

$7.0M · 146 shares

$7.0M · 80 shares

$6.0M · 500 shares

$6.0M · 300 shares

$6.0M · 475 shares

$6.0M · 244 shares

$6.0M · 123 shares

$5.0M · 143 shares

$5.0M · 65 shares

$5.0M · 597 shares

$5.0M · 206 shares

$5.0M · 150 shares

$5.0M · 142 shares

UPS

$5.0M · 51 shares

CTVA

$5.0M · 87 shares

$5.0M · 103 shares

$5.0M · 117 shares

$4.0M · 250 shares

$4.0M · 200 shares

$4.0M · 161 shares

$4.0M · 25 shares

$4.0M · 175 shares

$4.0M · 35 shares

$4.0M · 116 shares

ENBCN V5.85792 PERP L

$4.0M · 177 shares

$4.0M · 720 shares

$4.0M · 1K shares

$4.0M · 80 shares

$3.0M · 31 shares

$3.0M · 100 shares

$3.0M · 125 shares

$3.0M · 350 shares

$3.0M · 43 shares

$3.0M · 96 shares

$3.0M · 76 shares

$3.0M · 35 shares

$3.0M · 275 shares

$3.0M · 500 shares

$3.0M · 125 shares

$3.0M · 150 shares

$3.0M · 300 shares

$3.0M · 150 shares

$3.0M · 15 shares

$3.0M · 34 shares

$3.0M · 254 shares

$3.0M · 178 shares

$3.0M · 165 shares

$3.0M · 87 shares

$2.0M · 150 shares

$2.0M · 78 shares

$2.0M · 13 shares

$2.0M · 125 shares

$2.0M · 125 shares

$2.0M · 32 shares

$2.0M · 125 shares

$2.0M · 12 shares

$2.0M · 50 shares

$2.0M · 163 shares

$2.0M · 13 shares

$2.0M · 27 shares

$2.0M · 150 shares

$2.0M · 95 shares

$2.0M · 32 shares

$2.0M · 15 shares

$2.0M · 125 shares

$2.0M · 211 shares

$2.0M · 121 shares

$2.0M · 125 shares

$2.0M · 18 shares

$2.0M · 160 shares

$2.0M · 125 shares

$2.0M · 87 shares

$2.0M · 100 shares

$2.0M · 41 shares

$2.0M · 125 shares

$2.0M · 39 shares

$2.0M · 13 shares

$1.0M · 89 shares

$1.0M · 279 shares

$1.0M · 9 shares

$1.0M · 21 shares

$1.0M · 123 shares

$1.0M · 100 shares

$1.0M · 78 shares

$1.0M · 57 shares

$1.0M · 152 shares

$1.0M · 36 shares

$1.0M · 55 shares

$1.0M · 9 shares

$1.0M · 50 shares

$1.0M · 26 shares

$1.0M · 170 shares

$1.0M · 12 shares

$1.0M · 40 shares

$1.0M · 107 shares

$1.0M · 22 shares

$1.0M · 24 shares

$1.0M · 16 shares

$1.0M · 15 shares

$1.0M · 15 shares

$0 · 24 shares

$0 · 20 shares

$0 · 8 shares

$0 · 10 shares

$0 · 25 shares

$0 · 10 shares

$0 · 7 shares

$0 · 19 shares

$0 · 4 shares

$0 · 4 shares

$0 · 12 shares

$0 · 10 shares

$0 · 20 shares

$0 · 23 shares

$0 · 26 shares

$0 · 93 shares

$0 · 6 shares

$0 · 10 shares

Sector Breakdown

Sector	# Holdings	Value	%
Financial Services	102	$107.5B	31.1%
Technology	52	$77.5B	22.4%
Healthcare	36	$39.4B	11.4%
Industrials	43	$37.1B	10.7%
Communication Services	12	$27.2B	7.9%
Consumer Cyclical	32	$18.8B	5.4%
Energy	26	$12.3B	3.5%
Consumer Defensive	19	$10.9B	3.1%
Unknown	51	$8.6B	2.5%
Basic Materials	19	$4.4B	1.3%
Utilities	15	$2.5B	0.7%
Real Estate	14	$141.0M	0.0%