CHURCHILL MANAGEMENT CORP
Q4 2022 Form 13-F
LOS ANGELES, CALIFORNIA
CIK 0001094749
· CRD 109651
· SEC-registered investment adviser
$4.1B Reported Value Total
CHURCHILL MANAGEMENT CORP reports 18,036 total accounts under management (AUM). There are 17,124 discretionary accounts valued at $7,782,747,396, and 912 non-discretionary accounts valued at $132,260,254.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
SEC Registered
Discretionary & Non-Discretionary
Private funds (Form ADV)
3 funds
· $57.0M gross asset value
Hedge Fund: $57.0M
Source: Form ADV filed 2025-07-03
Reported value
$4.1B
Quarter over quarter
+10.7%
Holdings
117
Top-10 concentration
70.9%
Key People
Form ADV owners & control persons
Norton Stanley Karno
SHAREHOLDER
Charles Randall Conner
PRESIDENT, DIRECTOR
Fred Andrew Fern
CHAIRMAN, DIRECTOR
Filing Navigation
Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
13F Metrics
Loading 13F Metrics
Q4 2022 13F record
Q4 2022 13F filing summary
| Period of report | December 31, 2022 |
|---|---|
| Filed | January 10, 2023 |
| Form | 13F-HR |
| Reported value | $4.1B |
| Positions | 117 |
| Change in reported value | +11.0% |
| New positions | 25 |
| Exited positions | 20 |
| Position turnover | 32.9% |
| Top-10 concentration | 70.9% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2025 13F
Filed Jul 18, 2025
|
146 | $9.2B |
|
Q1 2025 13F
Filed Apr 25, 2025
|
140 | $7.9B |
|
Q4 2024 13F
Filed Jan 14, 2025
|
149 | $9.2B |
|
Q3 2024 13F
Filed Oct 15, 2024
|
145 | $8.7B |
|
Q2 2024 13F
Filed Jul 22, 2024
|
149 | $8.5B |
|
Q1 2024 13F
Filed Apr 11, 2024
|
147 | $8.0B |
|
Q4 2023 13F
Filed Jan 16, 2024
|
134 | $6.5B |
|
Q3 2023 13F
Filed Oct 12, 2023
|
140 | $5.9B |
|
Q2 2023 13F
Filed Jul 18, 2023
|
139 | $5.9B |
|
Q1 2023 13F
Filed Apr 13, 2023
|
128 | $4.9B |
|
Q4 2022 13F
Filed Jan 10, 2023
|
117 | $4.1B |
|
Q3 2022 13F
Filed Oct 11, 2022
|
112 | $3.7B |
|
Q2 2022 13F
Filed Jul 8, 2022
|
115 | $4.0B |
|
Q1 2022 13F
Filed Apr 12, 2022
|
119 | $5.7B |
|
Q4 2021 13F
Filed Jan 11, 2022
|
142 | $7.2B |
|
Q3 2021 13F
Filed Oct 13, 2021
|
133 | $6.6B |
|
Q2 2021 13F
Filed Jul 8, 2021
|
137 | $6.8B |
|
Q1 2021 13F
Filed Apr 8, 2021
|
133 | $6.1B |
|
Q4 2020 13F
Filed Jan 13, 2021
|
129 | $5.9B |
|
Q3 2020 13F
Filed Oct 8, 2020
|
113 | $4.1B |
29 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q4 2022
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | VTV VANGUARD INDEX FDS VALUE ETF | $542.9M | 13.13% |
| 2 | XLK SELECT SECTOR SPDR TR TECHNOLO | $445.1M | 10.76% |
| 3 | IVV ISHARES TR CORE S&P500 ETF | $341.2M | 8.25% |
| 4 | XLV SELECT SECTOR SPDR TR SBI HEAL | $323.6M | 7.82% |
| 5 | SPY SPDR S&P 500 ETF TR TR UNIT | $295.1M | 7.14% |
| 6 | XLF SELECT SECTOR SPDR TR FINANCIA | $279.6M | 6.76% |
| 7 | DIA SPDR DOW JONES INDL AVERAGE ET | $186.8M | 4.52% |
| 8 | XLE SELECT SECTOR SPDR TR ENERGY | $185.4M | 4.48% |
| 9 | IWB ISHARES TR RUS 1000 ETF | $170.1M | 4.11% |
| 10 | XLP SELECT SECTOR SPDR TR SBI CONS | $160.1M | 3.87% |
| 11 | XLI SELECT SECTOR SPDR TR SBI INT- | $148.3M | 3.59% |
| 12 | XLY SELECT SECTOR SPDR TR SBI CONS | $47.4M | 1.15% |
| 13 | CVX CHEVRON CORP NEW COM | $37.2M | 0.9% |
| 14 | AVGO BROADCOM INC COM | $31.1M | 0.75% |
| 15 | AAPL APPLE INC COM | $28.7M | 0.69% |
| 16 | HD HOME DEPOT INC COM | $26.9M | 0.65% |
| 17 | XOM EXXON MOBIL CORP COM | $26.8M | 0.65% |
| 18 | GIS GENERAL MLS INC COM | $26.5M | 0.64% |
| 19 | MSFT MICROSOFT CORP COM | $25.0M | 0.61% |
| 20 | GOOGL ALPHABET INC CAP STK CL A | $20.8M | 0.5% |
Values as reported on the Q4 2022 Form 13F. Every position is in the holdings table below.