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Portfolio (Quarterly) Guide ↗

BLACKHILL CAPITAL INC

· CIK 0000872162
13F Portfolio $1.9B AUM 49 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 3 Added 3 Reduced 1 Exited
Page 3 of 3  ·  49 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 MDY SPDR S&P MIDCAP 400 ETF TR UNI Financial Services 351.0 $216K 0.01% $616.76 +8.7%
42 HSY HERSHEY CO COM Consumer Defensive 600.0 $125K 0.01% $207.89 -6.3%
43 TSLA TESLA INC COM Consumer Cyclical 200.0 $74K 0.00% $371.75 +14.6%
44 MGNI MAGNITE INC COM Communication Services 5,991.0 $71K 0.00% $11.88 +11.1%
45 NFLX NETFLIX INC COM Communication Services 650.0 $62K 0.00% $96.15 -7.9%
46 NSC NORFOLK SOUTHN CORP COM Industrials 200.0 $57K 0.00% $287.00 +9.6%
47 TR TOOTSIE ROLL INDS INC COM Consumer Defensive 1,279.0 $55K 0.00% $42.72 -6.2%
48 AVNS AVANOS MED INC COM Healthcare 2,375.0 $33K 0.00% $14.01 +75.7%
49 ED CONSOLIDATED EDISON INC COM Utilities 253.0 $29K 0.00% $113.18 -4.1%
Page 3 of 3  ·  49 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Consumer Cyclical 73.1%
Healthcare 15.0%
Technology 5.8%
Industrials 2.2%
Energy 1.5%
Communication Services 1.0%
Consumer Defensive 0.5%
Financial Services 0.5%
Utilities 0.2%
Real Estate 0.1%