MARTIN CAPITAL PARTNERS, LLC

PrivateCIK: 1731216

Location

EUGENE, OR

Positions

$271.96M

Total AUM (reported)

2.77M

Total Shares

Allocation by class

COM$191.33M70.4%

COM NEW$12.74M4.7%

N Y REGISTRY SHS$10.30M3.8%

SPON ADR NEW$6.42M2.4%

SPONS ADS REP$6.06M2.2%

ADR$5.77M2.1%

SHS$5.71M2.1%

Portfolio Concentration

Top 3$32.43M11.9%

4–10$62.72M23.1%

11–25$95.49M35.1%

Rest$81.32M29.9%

Top 3 weight

11.9%

Top 10 weight

35.0%

Voting Authority Distribution

Total shares with voting rights: 2.77M

Sole

Full voting authority

2.37M

% of voting shares85.3%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

406.33K

% of voting shares14.7%

Investment Discretion (by position count)

Sole72

Shared0

Other0

Dominant voting typeSole · 85.3% of voting shares

Institutional Holdings72

Rows:

AMGEN INC

SOLE

COM

Shares30.43K

TypeSH

Market value$11.02M

4.05%

Sole

25.65K

Shared

0.00

None

4.78K

CULLEN FROST BANKERS INC

SOLE

COM

Shares69.85K

TypeSH

Market value$10.79M

3.97%

Sole

58.47K

Shared

0.00

None

11.38K

JOHNSON & JOHNSON

SOLE

COM

Shares41.80K

TypeSH

Market value$10.62M

3.90%

Sole

35.51K

Shared

0.00

None

6.29K

ASML HLDG NV

SOLE

N Y REGISTRY SHS

Shares5.18K

TypeSH

Market value$10.30M

3.79%

Sole

4.35K

Shared

0.00

None

828.00

CISCO SYS INC

SOLE

COM

Shares85.90K

TypeSH

Market value$10.09M

3.71%

Sole

73.20K

Shared

0.00

None

12.70K

BLACK HILLS CORP

SOLE

COM

Shares123.10K

TypeSH

Market value$9.16M

3.37%

Sole

103.11K

Shared

0.00

None

20K

CME GROUP INC

SOLE

COM

Shares40.12K

TypeSH

Market value$8.86M

3.26%

Sole

33.63K

Shared

0.00

None

6.49K

TEXAS INSTRS INC

SOLE

COM

Shares27.96K

TypeSH

Market value$8.33M

3.06%

Sole

23.62K

Shared

0.00

None

4.34K

CHEVRON CORPORATION

SOLE

COM

Shares49.61K

TypeSH

Market value$8.22M

3.02%

Sole

41.55K

Shared

0.00

None

8.05K

JPMORGAN CHASE & CO

SOLE

COM

Shares23.68K

TypeSH

Market value$7.75M

2.85%

Sole

20.12K

Shared

0.00

None

3.56K

MICROSOFT CORP

SOLE

COM

Shares20.41K

TypeSH

Market value$7.61M

2.80%

Sole

14.17K

Shared

0.00

None

6.24K

GENERAL DYNAMICS CORP

SOLE

COM

Shares21.14K

TypeSH

Market value$7.49M

2.75%

Sole

17.91K

Shared

0.00

None

3.23K

PROCTER & GAMBLE CO

SOLE

COM

Shares50.65K

TypeSH

Market value$7.43M

2.73%

Sole

42.40K

Shared

0.00

None

8.25K

UNION PAC CORP

SOLE

COM

Shares25.81K

TypeSH

Market value$7.02M

2.58%

Sole

21.72K

Shared

0.00

None

4.09K

REINSURANCE GROUP AMER INC

SOLE

COM NEW

Shares32.56K

TypeSH

Market value$6.92M

2.55%

Sole

27.34K

Shared

0.00

None

5.22K

REALTY INCOME CORP

SOLE

COM

Shares107.46K

TypeSH

Market value$6.66M

2.45%

Sole

90.44K

Shared

0.00

None

17.01K

UNILEVER PLC

SOLE

SPON ADR NEW

Shares106.78K

TypeSH

Market value$6.42M

2.36%

Sole

89.94K

Shared

0.00

None

16.84K

PRICE T ROWE GROUP INC

SOLE

COM

Shares56.09K

TypeSH

Market value$6.38M

2.34%

Sole

47.22K

Shared

0.00

None

8.86K

COCA-COLA FEMSA SAB DE CV

SOLE

SPONS ADS REP

Shares56.99K

TypeSH

Market value$6.06M

2.23%

Sole

47.84K

Shared

0.00

None

9.15K

NOVO-NORDISK A S

SOLE

ADR

Shares120.26K

TypeSH

Market value$5.77M

2.12%

Sole

101.40K

Shared

0.00

None

18.86K

HENRY JACK & ASSOC INC

SOLE

COM

Shares40.85K

TypeSH

Market value$5.63M

2.07%

Sole

34.22K

Shared

0.00

None

6.64K

PORTLAND GEN ELEC CO

SOLE

COM NEW

Shares108.54K

TypeSH

Market value$5.63M

2.07%

Sole

90.92K

Shared

0.00

None

17.62K

MEDTRONIC PLC

SOLE

SHS

Shares70.36K

TypeSH

Market value$5.50M

2.02%

Sole

59.49K

Shared

0.00

None

10.87K

PUBLIC SVC ENTERPRISE GROUP

SOLE

COM

Shares67.75K

TypeSH

Market value$5.50M

2.02%

Sole

57.09K

Shared

0.00

None

10.66K

PEPSICO INC

SOLE

COM

Shares40.54K

TypeSH

Market value$5.49M

2.02%

Sole

33.99K

Shared

0.00

None

6.55K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
AMGEN INCSOLE	COM	30.43K	SH	$11.02M 4.05%	25.65K	4.78K
CULLEN FROST BANKERS INCSOLE	COM	69.85K	SH	$10.79M 3.97%	58.47K	11.38K
JOHNSON & JOHNSONSOLE	COM	41.80K	SH	$10.62M 3.90%	35.51K	6.29K
ASML HLDG NVSOLE	N Y REGISTRY SHS	5.18K	SH	$10.30M 3.79%	4.35K	828.00
CISCO SYS INCSOLE	COM	85.90K	SH	$10.09M 3.71%	73.20K	12.70K
BLACK HILLS CORPSOLE	COM	123.10K	SH	$9.16M 3.37%	103.11K	20K
CME GROUP INCSOLE	COM	40.12K	SH	$8.86M 3.26%	33.63K	6.49K
TEXAS INSTRS INCSOLE	COM	27.96K	SH	$8.33M 3.06%	23.62K	4.34K
CHEVRON CORPORATIONSOLE	COM	49.61K	SH	$8.22M 3.02%	41.55K	8.05K
JPMORGAN CHASE & COSOLE	COM	23.68K	SH	$7.75M 2.85%	20.12K	3.56K
MICROSOFT CORPSOLE	COM	20.41K	SH	$7.61M 2.80%	14.17K	6.24K
GENERAL DYNAMICS CORPSOLE	COM	21.14K	SH	$7.49M 2.75%	17.91K	3.23K
PROCTER & GAMBLE COSOLE	COM	50.65K	SH	$7.43M 2.73%	42.40K	8.25K
UNION PAC CORPSOLE	COM	25.81K	SH	$7.02M 2.58%	21.72K	4.09K
REINSURANCE GROUP AMER INCSOLE	COM NEW	32.56K	SH	$6.92M 2.55%	27.34K	5.22K
REALTY INCOME CORPSOLE	COM	107.46K	SH	$6.66M 2.45%	90.44K	17.01K
UNILEVER PLCSOLE	SPON ADR NEW	106.78K	SH	$6.42M 2.36%	89.94K	16.84K
PRICE T ROWE GROUP INCSOLE	COM	56.09K	SH	$6.38M 2.34%	47.22K	8.86K
COCA-COLA FEMSA SAB DE CVSOLE	SPONS ADS REP	56.99K	SH	$6.06M 2.23%	47.84K	9.15K
NOVO-NORDISK A SSOLE	ADR	120.26K	SH	$5.77M 2.12%	101.40K	18.86K
HENRY JACK & ASSOC INCSOLE	COM	40.85K	SH	$5.63M 2.07%	34.22K	6.64K
PORTLAND GEN ELEC COSOLE	COM NEW	108.54K	SH	$5.63M 2.07%	90.92K	17.62K
MEDTRONIC PLCSOLE	SHS	70.36K	SH	$5.50M 2.02%	59.49K	10.87K
PUBLIC SVC ENTERPRISE GROUPSOLE	COM	67.75K	SH	$5.50M 2.02%	57.09K	10.66K
PEPSICO INCSOLE	COM	40.54K	SH	$5.49M 2.02%	33.99K	6.55K

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