Martin Capital Partners, LLC Diversified Active

CIK: 0001731216 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 6, 2026

Total Value ($000): $266 (100.0% shares, 0.0% debt)

Holdings (70)

New Positions (3)

UL UNILEVER PLC 2.6%

Value ($000) $7 Shares 104,934 Est. Cost $0.07 Unrealized —

TTE TOTALENERGIES SE 1.6%

Value ($000) $4 Shares 64,973 Est. Cost $63.23 Unrealized 0.0%

MKC MCCORMICK & CO INC 1.6%

Value ($000) $4 Shares 61,841 Est. Cost $65.92 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UL	UNILEVER PLC	104,934	$7	2.6%	$0.07	—	SPON ADR NEW	904767803
TTE	TOTALENERGIES SE	64,973	$4	1.6%	$63.23	0.0%	ACT	F92124100
MKC	MCCORMICK & CO INC	61,841	$4	1.6%	$65.92	0.0%	COM NON VTG	579780206

Increased Positions (14)

CLX CLOROX CO DEL 1.7%

Value ($000) $5 (+596.2%) Shares 45,223 (+751.0%) Est. Cost $111.06 Unrealized -2.5%

MSFT MICROSOFT CORP 3.4%

Value ($000) $9 (+11.8%) Shares 18,952 (+19.7%) Est. Cost $361.29 Unrealized +38.6%

CFR CULLEN FROST BANKERS INC 3.3%

Value ($000) $9 (+6.2%) Shares 70,133 (+6.3%) Est. Cost $107.91 Unrealized +15.7%

SDY SPDR SERIES TRUST 0.3%

Value ($000) $1 (+48.9%) Shares 6,673 (+49.9%) Est. Cost $0.14 Unrealized —

NKE NIKE INC 1.8%

Value ($000) $5 (-6.0%) Shares 73,642 (+2.9%) Est. Cost $67.16 Unrealized -3.4%

JKHY HENRY JACK & ASSOC INC 0.4%

Value ($000) $1 (+33.0%) Shares 5,197 (+8.5%) Est. Cost $168.75 Unrealized -1.5%

PEP PEPSICO INC 2.1%

Value ($000) $6 (+3.4%) Shares 39,672 (+1.2%) Est. Cost $129.12 Unrealized +13.0%

PAYX PAYCHEX INC 0.3%

Value ($000) $1 (+21.0%) Shares 6,995 (+36.7%) Est. Cost $121.29 Unrealized -3.9%

ALSN ALLISON TRANSMISSION HLDGS I 0.1%

Value ($000) $0 (+17.9%) Shares 3,223 (+1.9%) Est. Cost $95.72 Unrealized -8.6%

INGR INGREDION INC 0.2%

Value ($000) $1 (-4.7%) Shares 5,124 (+5.4%) Est. Cost $119.31 Unrealized -5.5%

LMT LOCKHEED MARTIN CORP 1.3%

Value ($000) $3 (-0.7%) Shares 7,044 (+2.5%) Est. Cost $419.25 Unrealized +13.6%

SWK STANLEY BLACK & DECKER INC 0.2%

Value ($000) $1 (+2.1%) Shares 7,258 (+2.1%) Est. Cost $62.68 Unrealized +11.5%

HRL HORMEL FOODS CORP 0.1%

Value ($000) $0 (+1.4%) Shares 12,365 (+5.8%) Est. Cost $29.13 Unrealized -20.0%

SNA SNAP ON INC 0.1%

Value ($000) $0 (+0.9%) Shares 966 (+1.4%) Est. Cost $312.97 Unrealized +8.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CLX	CLOROX CO DEL	45,223 (+751.0%)	$5 (+596.2%)	1.7%	$111.06	-2.5%	COM	189054109
MSFT	MICROSOFT CORP	18,952 (+19.7%)	$9 (+11.8%)	3.4%	$361.29	+38.6%	COM	594918104
CFR	CULLEN FROST BANKERS INC	70,133 (+6.3%)	$9 (+6.2%)	3.3%	$107.91	+15.7%	COM	229899109
SDY	SPDR SERIES TRUST	6,673 (+49.9%)	$1 (+48.9%)	0.3%	$0.14	—	STATE STREET SPD	78464A763
NKE	NIKE INC	73,642 (+2.9%)	$5 (-6.0%)	1.8%	$67.16	-3.4%	CL B	654106103
JKHY	HENRY JACK & ASSOC INC	5,197 (+8.5%)	$1 (+33.0%)	0.4%	$168.75	-1.5%	COM	426281101
PEP	PEPSICO INC	39,672 (+1.2%)	$6 (+3.4%)	2.1%	$129.12	+13.0%	COM	713448108
PAYX	PAYCHEX INC	6,995 (+36.7%)	$1 (+21.0%)	0.3%	$121.29	-3.9%	COM	704326107
ALSN	ALLISON TRANSMISSION HLDGS I	3,223 (+1.9%)	$0 (+17.9%)	0.1%	$95.72	-8.6%	COM	01973R101
INGR	INGREDION INC	5,124 (+5.4%)	$1 (-4.7%)	0.2%	$119.31	-5.5%	COM	457187102
LMT	LOCKHEED MARTIN CORP	7,044 (+2.5%)	$3 (-0.7%)	1.3%	$419.25	+13.6%	COM	539830109
SWK	STANLEY BLACK & DECKER INC	7,258 (+2.1%)	$1 (+2.1%)	0.2%	$62.68	+11.5%	COM	854502101
HRL	HORMEL FOODS CORP	12,365 (+5.8%)	$0 (+1.4%)	0.1%	$29.13	-20.0%	COM	440452100
SNA	SNAP ON INC	966 (+1.4%)	$0 (+0.9%)	0.1%	$312.97	+8.8%	COM	833034101

Exited Positions (3)

— UNILEVER PLC 2.5%

Value ($000) $7 Shares 111,293 Est. Cost $14.49 Unrealized —

— TOTALENERGIES SE 1.4%

Value ($000) $4 Shares 62,439 Est. Cost $12.15 Unrealized —

OMC OMNICOM GROUP INC 0.2%

Value ($000) $1 Shares 7,309 Est. Cost $71.94 Unrealized +5.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	UNILEVER PLC	111,293	$7	2.5%	$14.49	—	—	904767704
—	TOTALENERGIES SE	62,439	$4	1.4%	$12.15	—	—	89151E109
OMC	OMNICOM GROUP INC	7,309	$1	0.2%	$71.94	+5.3%	—	681919106

Decreased Positions (20)

VZ VERIZON COMMUNICATIONS INC 1.8%

Value ($000) $5 (-38.9%) Shares 117,656 (-34.0%) Est. Cost $39.92 Unrealized +1.4%

ETR ENTERGY CORP NEW 1.7%

Value ($000) $4 (-31.2%) Shares 47,880 (-30.6%) Est. Cost $70.28 Unrealized +34.5%

RHI ROBERT HALF INC. 1.6%

Value ($000) $4 (-23.5%) Shares 158,652 (-4.3%) Est. Cost $47.34 Unrealized -39.7%

JNJ JOHNSON & JOHNSON 3.3%

Value ($000) $9 (+8.8%) Shares 42,371 (-2.5%) Est. Cost $140.50 Unrealized +40.2%

NVO NOVO-NORDISK A S 2.2%

Value ($000) $6 (-10.3%) Shares 114,991 (-2.2%) Est. Cost $0.06 Unrealized —

CHRW C H ROBINSON WORLDWIDE INC 0.3%

Value ($000) $1 (-24.1%) Shares 4,318 (-37.4%) Est. Cost $87.59 Unrealized +68.2%

UNP UNION PAC CORP 2.3%

Value ($000) $6 (-3.3%) Shares 25,956 (-1.2%) Est. Cost $212.09 Unrealized +7.2%

HII HUNTINGTON INGALLS INDS INC 0.1%

Value ($000) $0 (-39.3%) Shares 913 (-48.5%) Est. Cost $220.44 Unrealized +40.4%

GD GENERAL DYNAMICS CORP 2.7%

Value ($000) $7 (-2.4%) Shares 21,393 (-1.1%) Est. Cost $238.65 Unrealized +42.8%

EMN EASTMAN CHEM CO 0.1%

Value ($000) $0 (-30.6%) Shares 4,853 (-31.5%) Est. Cost $73.98 Unrealized -17.6%

SHY ISHARES TR 1.5%

Value ($000) $4 (-1.9%) Shares 46,613 (-1.7%) Est. Cost $46.73 Unrealized —

TROW PRICE T ROWE GROUP INC 2.1%

Value ($000) $6 (-1.3%) Shares 55,094 (-1.1%) Est. Cost $91.93 Unrealized +11.2%

LECO LINCOLN ELEC HLDGS INC 0.2%

Value ($000) $1 (-10.2%) Shares 2,448 (-11.7%) Est. Cost $191.24 Unrealized +23.9%

IEI ISHARES TR 0.4%

Value ($000) $1 (-3.1%) Shares 9,635 (-3.0%) Est. Cost $67.71 Unrealized —

BWZ SPDR SERIES TRUST 0.1%

Value ($000) $0 (-9.5%) Shares 10,395 (-8.2%) Est. Cost $19.16 Unrealized —

CMA COMERICA INC 0.2%

Value ($000) $1 (+4.6%) Shares 6,335 (-17.6%) Est. Cost $54.25 Unrealized +47.4%

AVGO BROADCOM INC 0.1%

Value ($000) $0 (-5.0%) Shares 662 (-9.6%) Est. Cost $215.92 Unrealized +65.3%

SCHD SCHWAB STRATEGIC TR 0.2%

Value ($000) $1 (-2.0%) Shares 21,365 (-2.5%) Est. Cost $0.03 Unrealized —

REGL PROSHARES TR 0.1%

Value ($000) $0 (-3.7%) Shares 3,430 (-2.4%) Est. Cost $0.08 Unrealized —

VIGI VANGUARD WHITEHALL FDS 0.1%

Value ($000) $0 (-0.7%) Shares 3,197 (-2.5%) Est. Cost $0.09 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VZ	VERIZON COMMUNICATIONS INC	117,656 (-34.0%)	$5 (-38.9%)	1.8%	$39.92	+1.4%	COM	92343V104
ETR	ENTERGY CORP NEW	47,880 (-30.6%)	$4 (-31.2%)	1.7%	$70.28	+34.5%	COM	29364G103
RHI	ROBERT HALF INC.	158,652 (-4.3%)	$4 (-23.5%)	1.6%	$47.34	-39.7%	COM	770323103
JNJ	JOHNSON & JOHNSON	42,371 (-2.5%)	$9 (+8.8%)	3.3%	$140.50	+40.2%	COM	478160104
NVO	NOVO-NORDISK A S	114,991 (-2.2%)	$6 (-10.3%)	2.2%	$0.06	—	ADR	670100205
CHRW	C H ROBINSON WORLDWIDE INC	4,318 (-37.4%)	$1 (-24.1%)	0.3%	$87.59	+68.2%	COM NEW	12541W209
UNP	UNION PAC CORP	25,956 (-1.2%)	$6 (-3.3%)	2.3%	$212.09	+7.2%	COM	907818108
HII	HUNTINGTON INGALLS INDS INC	913 (-48.5%)	$0 (-39.3%)	0.1%	$220.44	+40.4%	COM	446413106
GD	GENERAL DYNAMICS CORP	21,393 (-1.1%)	$7 (-2.4%)	2.7%	$238.65	+42.8%	COM	369550108
EMN	EASTMAN CHEM CO	4,853 (-31.5%)	$0 (-30.6%)	0.1%	$73.98	-17.6%	COM	277432100
SHY	ISHARES TR	46,613 (-1.7%)	$4 (-1.9%)	1.5%	$46.73	—	1 3 YR TREAS BD	464287457
TROW	PRICE T ROWE GROUP INC	55,094 (-1.1%)	$6 (-1.3%)	2.1%	$91.93	+11.2%	COM	74144T108
LECO	LINCOLN ELEC HLDGS INC	2,448 (-11.7%)	$1 (-10.2%)	0.2%	$191.24	+23.9%	COM	533900106
IEI	ISHARES TR	9,635 (-3.0%)	$1 (-3.1%)	0.4%	$67.71	—	3 7 YR TREAS BD	464288661
BWZ	SPDR SERIES TRUST	10,395 (-8.2%)	$0 (-9.5%)	0.1%	$19.16	—	BLOOMBERG SHORT	78464A334
CMA	COMERICA INC	6,335 (-17.6%)	$1 (+4.6%)	0.2%	$54.25	+47.4%	COM	200340107
AVGO	BROADCOM INC	662 (-9.6%)	$0 (-5.0%)	0.1%	$215.92	+65.3%	COM	11135F101
SCHD	SCHWAB STRATEGIC TR	21,365 (-2.5%)	$1 (-2.0%)	0.2%	$0.03	—	US DIVIDEND EQ	808524797
REGL	PROSHARES TR	3,430 (-2.4%)	$0 (-3.7%)	0.1%	$0.08	—	S&P MDCP 400 DIV	74347B680
VIGI	VANGUARD WHITEHALL FDS	3,197 (-2.5%)	$0 (-0.7%)	0.1%	$0.09	—	INTL DVD ETF	921946810

Unchanged Positions (33)

AMGN AMGEN INC 3.7%

Value ($000) $10 Shares 30,353 Est. Cost $240.67 Unrealized +31.3%

UPS UNITED PARCEL SERVICE INC 3.1%

Value ($000) $8 Shares 82,763 Est. Cost $93.78 Unrealized -1.1%

CSCO CISCO SYS INC 3.4%

Value ($000) $9 Shares 116,914 Est. Cost $52.19 Unrealized +41.4%

BKH BLACK HILLS CORP 3.2%

Value ($000) $9 Shares 123,489 Est. Cost $56.01 Unrealized +18.7%

ASML ASML HOLDING N V 3.4%

Value ($000) $9 Shares 8,494 Est. Cost $0.77 Unrealized —

HD HOME DEPOT INC 1.5%

Value ($000) $4 Shares 11,732 Est. Cost $332.33 Unrealized +9.7%

KOF COCA-COLA FEMSA SAB DE CV 1.9%

Value ($000) $5 Shares 54,479 Est. Cost $14.97 Unrealized —

O REALTY INCOME CORP 2.3%

Value ($000) $6 Shares 107,708 Est. Cost $52.76 Unrealized +8.7%

XOM EXXON MOBIL CORP 2.5%

Value ($000) $7 Shares 54,821 Est. Cost $87.53 Unrealized +31.9%

POR PORTLAND GEN ELEC CO 2.0%

Value ($000) $5 Shares 109,412 Est. Cost $41.05 Unrealized +13.9%

PG PROCTER AND GAMBLE CO 2.0%

Value ($000) $5 Shares 36,743 Est. Cost $136.51 Unrealized +7.8%

RGA REINSURANCE GRP OF AMERICA I 2.0%

Value ($000) $5 Shares 26,258 Est. Cost $202.24 Unrealized -4.4%

TXN TEXAS INSTRS INC 2.5%

Value ($000) $7 Shares 38,104 Est. Cost $150.07 Unrealized +13.8%

PSX PHILLIPS 66 1.6%

Value ($000) $4 Shares 33,801 Est. Cost $101.46 Unrealized +32.1%

CVX CHEVRON CORP NEW 2.9%

Value ($000) $8 Shares 49,987 Est. Cost $127.75 Unrealized +18.5%

DVN DEVON ENERGY CORP NEW 1.8%

Value ($000) $5 Shares 132,827 Est. Cost $34.37 Unrealized +1.1%

CME CME GROUP INC 3.2%

Value ($000) $9 Shares 31,364 Est. Cost $247.23 Unrealized +9.5%

LLY ELI LILLY & CO 0.2%

Value ($000) $0 Shares 416 Est. Cost $411.47 Unrealized +132.2%

JPM JPMORGAN CHASE & CO. 2.9%

Value ($000) $8 Shares 23,614 Est. Cost $201.92 Unrealized +53.3%

DGX QUEST DIAGNOSTICS INC 0.3%

Value ($000) $1 Shares 4,914 Est. Cost $147.96 Unrealized +23.1%

PFE PFIZER INC 1.8%

Value ($000) $5 Shares 188,104 Est. Cost $23.65 Unrealized +5.8%

MSM MSC INDL DIRECT INC 0.3%

Value ($000) $1 Shares 8,352 Est. Cost $76.58 Unrealized +13.2%

COR CENCORA INC 0.4%

Value ($000) $1 Shares 2,966 Est. Cost $235.48 Unrealized +44.6%

MDT MEDTRONIC PLC 2.5%

Value ($000) $7 Shares 69,678 Est. Cost $83.21 Unrealized +16.7%

AAPL APPLE INC 0.3%

Value ($000) $1 Shares 3,194 Est. Cost $173.74 Unrealized +54.5%

PFG PRINCIPAL FINANCIAL GROUP IN 0.4%

Value ($000) $1 Shares 10,748 Est. Cost $67.89 Unrealized +23.5%

STIP ISHARES TR 1.3%

Value ($000) $3 Shares 33,351 Est. Cost $48.94 Unrealized —

COST COSTCO WHSL CORP NEW 0.1%

Value ($000) $0 Shares 393 Est. Cost $990.72 Unrealized -8.6%

SPSB SPDR SERIES TRUST 2.1%

Value ($000) $6 Shares 184,823 Est. Cost $17.86 Unrealized —

IGSB ISHARES TR 1.8%

Value ($000) $5 Shares 91,634 Est. Cost $34.03 Unrealized —

— ABRDN ASIA PACIFIC INCOME FU 0.1%

Value ($000) $0 Shares 13,156 Est. Cost $0.02 Unrealized —

— WESTERN ASSET INVESTMENT GRA 0.1%

Value ($000) $0 Shares 19,518 Est. Cost $8.03 Unrealized —

CNP CENTERPOINT ENERGY INC 0.1%

Value ($000) $0 Shares 7,081 Est. Cost $36.53 Unrealized +6.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMGN	AMGEN INC	30,353	$10	3.7%	$240.67	+31.3%	COM	031162100
UPS	UNITED PARCEL SERVICE INC	82,763	$8	3.1%	$93.78	-1.1%	CL B	911312106
CSCO	CISCO SYS INC	116,914	$9	3.4%	$52.19	+41.4%	COM	17275R102
BKH	BLACK HILLS CORP	123,489	$9	3.2%	$56.01	+18.7%	COM	092113109
ASML	ASML HOLDING N V	8,494	$9	3.4%	$0.77	—	N Y REGISTRY SHS	N07059210
HD	HOME DEPOT INC	11,732	$4	1.5%	$332.33	+9.7%	COM	437076102
KOF	COCA-COLA FEMSA SAB DE CV	54,479	$5	1.9%	$14.97	—	SPONS ADS REP	191241108
O	REALTY INCOME CORP	107,708	$6	2.3%	$52.76	+8.7%	COM	756109104
XOM	EXXON MOBIL CORP	54,821	$7	2.5%	$87.53	+31.9%	COM	30231G102
POR	PORTLAND GEN ELEC CO	109,412	$5	2.0%	$41.05	+13.9%	COM NEW	736508847
PG	PROCTER AND GAMBLE CO	36,743	$5	2.0%	$136.51	+7.8%	COM	742718109
RGA	REINSURANCE GRP OF AMERICA I	26,258	$5	2.0%	$202.24	-4.4%	COM NEW	759351604
TXN	TEXAS INSTRS INC	38,104	$7	2.5%	$150.07	+13.8%	COM	882508104
PSX	PHILLIPS 66	33,801	$4	1.6%	$101.46	+32.1%	COM	718546104
CVX	CHEVRON CORP NEW	49,987	$8	2.9%	$127.75	+18.5%	COM	166764100
DVN	DEVON ENERGY CORP NEW	132,827	$5	1.8%	$34.37	+1.1%	COM	25179M103
CME	CME GROUP INC	31,364	$9	3.2%	$247.23	+9.5%	COM	12572Q105
LLY	ELI LILLY & CO	416	$0	0.2%	$411.47	+132.2%	COM	532457108
JPM	JPMORGAN CHASE & CO.	23,614	$8	2.9%	$201.92	+53.3%	COM	46625H100
DGX	QUEST DIAGNOSTICS INC	4,914	$1	0.3%	$147.96	+23.1%	COM	74834L100
PFE	PFIZER INC	188,104	$5	1.8%	$23.65	+5.8%	COM	717081103
MSM	MSC INDL DIRECT INC	8,352	$1	0.3%	$76.58	+13.2%	CL A	553530106
COR	CENCORA INC	2,966	$1	0.4%	$235.48	+44.6%	COM	03073E105
MDT	MEDTRONIC PLC	69,678	$7	2.5%	$83.21	+16.7%	SHS	G5960L103
AAPL	APPLE INC	3,194	$1	0.3%	$173.74	+54.5%	COM	037833100
PFG	PRINCIPAL FINANCIAL GROUP IN	10,748	$1	0.4%	$67.89	+23.5%	COM	74251V102
STIP	ISHARES TR	33,351	$3	1.3%	$48.94	—	0-5 YR TIPS ETF	46429B747
COST	COSTCO WHSL CORP NEW	393	$0	0.1%	$990.72	-8.6%	COM	22160K105
SPSB	SPDR SERIES TRUST	184,823	$6	2.1%	$17.86	—	STATE STREET SPD	78464A474
IGSB	ISHARES TR	91,634	$5	1.8%	$34.03	—	ISHS 1-5YR INVS	464288646
—	ABRDN ASIA PACIFIC INCOME FU	13,156	$0	0.1%	$0.02	—	COM NEW	003009867
—	WESTERN ASSET INVESTMENT GRA	19,518	$0	0.1%	$8.03	—	COM	95766T100
CNP	CENTERPOINT ENERGY INC	7,081	$0	0.1%	$36.53	+6.4%	COM	15189T107