# BLACKHILL CAPITAL INC: Form 13F holdings

An institutional investment manager in MORRISTOWN, NJ. SEC CIK 872162.

- Quarter ended: 2026-06-30
- Filed: 2026-08-13
- Reported value: $2.41bn
- Positions: 47 (47 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/872162/000087216226000008/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [WILLIAMS SONOMA INC COM (WSM)](/companies/wsm.md) | COM | $1.79bn | 74.3% | 7,684,278 |  | Reduced −246 |
| [LILLY ELI & CO COM (LLY)](/companies/lly.md) | COM | $174.1m | 7.2% | 145,121 |  | Reduced −600 |
| [APPLE INC COM (AAPL)](/companies/aapl.md) | COM | $71.8m | 3.0% | 248,200 |  | Unchanged |
| [ABBVIE INC COM (ABBV)](/companies/abbv.md) | COM | $66.2m | 2.7% | 263,110 |  | Unchanged |
| [CATERPILLAR INC COM (CAT)](/companies/cat.md) | COM | $63.4m | 2.6% | 59,500 |  | Unchanged |
| [ENERGY TRANSFER L P COM UNIT L (ET)](/companies/et.md) | COM | $30.6m | 1.3% | 1,600,000 |  | Added +400,000 |
| [NVIDIA CORP COM (NVDA)](/companies/nvda.md) | COM | $28.0m | 1.2% | 139,950 |  | Unchanged |
| [MICROSOFT CORP COM (MSFT)](/companies/msft.md) | COM | $24.6m | 1.0% | 66,050 |  | Unchanged |
| [MERCK & CO INC NEW COM (MRK)](/companies/mrk.md) | COM | $21.7m | 0.9% | 168,857 |  | Unchanged |
| [JOHNSON & JOHNSON COM (JNJ)](/companies/jnj.md) | COM | $16.3m | 0.7% | 64,187 |  | Unchanged |
| [ABBOTT LABS COM (ABT)](/companies/abt.md) | COM | $16.1m | 0.7% | 177,930 |  | Reduced −90,600 |
| [BRISTOL MYERS SQUIBB CO COM (BMY)](/companies/bmy.md) | COM | $15.9m | 0.7% | 275,364 |  | Unchanged |
| [BERKSHIRE HATHAWAY INC DEL CL (BRK-B)](/companies/brk-b.md) | COM | $10.6m | 0.4% | 21,237 |  | Unchanged |
| [MASTERCARD INC CL A (MA)](/companies/ma.md) | COM | $10.3m | 0.4% | 20,000 |  | Unchanged |
| [DISNEY WALT CO DISNEY COM (DIS)](/companies/dis.md) | COM | $9.8m | 0.4% | 101,500 |  | Unchanged |
| [AMAZON COM INC COM (AMZN)](/companies/amzn.md) | COM | $8.7m | 0.4% | 36,580 |  | Unchanged |
| [PROCTER & GAMBLE CO COM (PG)](/companies/pg.md) | COM | $6.6m | 0.3% | 44,871 |  | Unchanged |
| [ALPHABET INC CAP STK CL C (GOOGL)](/companies/googl.md) | COM | $6.2m | 0.3% | 17,660 |  | Unchanged |
| [ALPHABET INC CL A (GOOGL)](/companies/googl.md) | COM | $5.7m | 0.2% | 15,980 |  | Unchanged |
| [ZOETIS INC COM (ZTS)](/companies/zts.md) | COM | $4.9m | 0.2% | 68,296 |  | Reduced −27,603 |
| [BERKSHIRE HATHAWAY INC DEL CL (BRK-B)](/companies/brk-b.md) | COM | $4.5m | 0.2% | 6 |  | Unchanged |
| [ENTERPRISE PRODS PARTNERS L P (EPD)](/companies/epd.md) | COM | $4.0m | 0.2% | 107,704 |  | Unchanged |
| [ZIMMER BIOMET HLDGS INC COM (ZBH)](/companies/zbh.md) | COM | $3.6m | 0.2% | 42,079 |  | Unchanged |
| [KIMBERLY-CLARK CORP COM (KMB)](/companies/kmb.md) | COM | $3.2m | 0.1% | 29,000 |  | Unchanged |
| [CHEVRON CORP NEW COM (CVX)](/companies/cvx.md) | COM | $1.9m | <0.1% | 11,550 |  | Unchanged |
| [PFIZER INC COM (PFE)](/companies/pfe.md) | COM | $1.1m | <0.1% | 47,178 |  | Unchanged |
| [ESSENTIAL UTILS INC COM (WTRG)](/companies/wtrg.md) | COM | $997.6k | <0.1% | 26,041 |  | Unchanged |
| [AMERICAN STS WTR CO COM (AWR)](/companies/awr.md) | COM | $892.4k | <0.1% | 10,800 |  | Unchanged |
| [MCDONALDS CORP COM (MCD)](/companies/mcd.md) | COM | $810.9k | <0.1% | 3,000 |  | Unchanged |
| [AMERICAN WTR WKS CO INC NEW CO (AWK)](/companies/awk.md) | COM | $789.5k | <0.1% | 6,000 |  | Unchanged |
| [PHILIP MORRIS INTL INC COM (PM)](/companies/pm.md) | COM | $759.8k | <0.1% | 4,200 |  | Unchanged |
| [F5 INC COM (FFIV)](/companies/ffiv.md) | COM | $665.5k | <0.1% | 1,600 |  | Unchanged |
| [RESMED INC COM (RMD)](/companies/rmd.md) | COM | $662.6k | <0.1% | 3,400 |  | Unchanged |
| [WEYERHAEUSER CO COM (WY)](/companies/wy.md) | COM | $628.2k | <0.1% | 26,240 |  | Unchanged |
| [ELANCO ANIMAL HEALTH INC COM (ELAN)](/companies/elan.md) | COM | $464.9k | <0.1% | 18,891 |  | Unchanged |
| [COLGATE PALMOLIVE CO COM (CL)](/companies/cl.md) | COM | $458.4k | <0.1% | 5,000 |  | Unchanged |
| [MIDDLESEX WTR CO COM (MSEX)](/companies/msex.md) | COM | $374.4k | <0.1% | 6,666 |  | Unchanged |
| [CALIFORNIA WTR SVC GROUP COM (CWT)](/companies/cwt.md) | COM | $369.7k | <0.1% | 7,600 |  | Unchanged |
| [STATE STR SPDR S&P 500 ETF TR (SPY)](/companies/spy.md) | COM | $357.0k | <0.1% | 478 |  | Unchanged |
| [SPDR S&P MIDCAP 400 ETF TR UNI (MDY)](/companies/mdy.md) | COM | $246.9k | <0.1% | 351 |  | Unchanged |
| [MAGNITE INC COM (MGNI)](/companies/mgni.md) | COM | $113.7k | <0.1% | 5,991 |  | Unchanged |
| [HERSHEY CO COM (HSY)](/companies/hsy.md) | COM | $105.3k | <0.1% | 600 |  | Unchanged |
| [TESLA INC COM (TSLA)](/companies/tsla.md) | COM | $84.1k | <0.1% | 200 |  | Unchanged |
| [NORFOLK SOUTHN CORP COM (NSC)](/companies/nsc.md) | COM | $62.9k | <0.1% | 200 |  | Unchanged |
| AVANOS MEDICAL INC C/A EFF 07/ | COM | $59.1k | <0.1% | 2,375 |  | Unchanged |
| [TOOTSIE ROLL INDS INC COM (TR)](/companies/tr.md) | COM | $52.1k | <0.1% | 1,317 |  | Added +38 |
| [CONSOLIDATED EDISON INC COM (ED)](/companies/ed.md) | COM | $28.0k | <0.1% | 253 |  | Unchanged |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [NETFLIX INC COM (NFLX)](/companies/nflx.md) | COM | $0 | 0.0% | 0 |  | Sold out −650 |
| [RAYONIER INC COM (RYN)](/companies/ryn.md) | COM | $0 | 0.0% | 0 |  | Sold out −24,622 |

Source: SEC EDGAR, Form 13F-HR, accession 0000872162-26-000008. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.