Distillate Capital Partners LLC
Distillate Capital Partners LLC is a Chicago-based investment adviser registered with the SEC, founded in 2017. The firm is an Illinois limited liability company controlled by co-founders Thomas Cole, Jay Beidler, and Matt Swanson, all CFAs. With approximately 4 employees, Distillate provides investment advisory services to individuals, institutions, and investment companies, including managing several ETFs. They primarily serve registered investment companies and institutional clients.
Investment Strategy
Distillate Capital Partners employs a systematic, fundamentals-driven approach grounded in proprietary quantitative research. The firm seeks to identify equities with high cash flow quality and attractive valuations, aiming to minimize biases and risks traditionally associated with accounting-based metrics. Distillate manages both domestic and international equity strategies and offers actively managed ETFs. Their philosophy centers on transparency, clarity, and risk mitigation, emphasizing free cash flow normalization and focusing on fundamental business stability.
Top Holdings
Equity Positions (116)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
U UNH | UNITEDHEALTH GROUP INC | 2.40% | $44.8M | 143,717 | $481.03 | $311.97 | -$24.1M |
M MRK | MERCK & CO INC | 2.40% | $44.8M | 565,353 | $89.76 | $79.16 | -$11.2M |
J JNJ | JOHNSON & JOHNSON | 2.32% | $43.3M | 283,609 | $154.59 | $152.75 | -$3.4M |
A ABBV | ABBVIE INC | 2.28% | $42.5M | 229,196 | $170.98 | $185.62 | -$10.6M |
T TMUS | T-MOBILE US INC | 1.98% | $37.0M | 155,362 | $220.96 | $238.26 | -$3.9M |