Arnhold LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 29, 2025), Arnhold LLC reported 119 stock positions worth $1.1 billion. Its top holding was SPDR Gold Shares (GLD) at 13.5% of the portfolio, followed by iShares Gold Trust (IAU, 10.0%) and Vertiv Class A (VRT, 3.6%). Compared with Q1 2025, it opened 9 new positions, sold out of 5, added to 13 and reduced 18. The biggest buy was Marvell Technology (MRVL, shares +1729%) and the biggest sale SPDR Gold Shares (GLD, shares −4%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001733755
Portfolio Value
$1.1B (Q2 2025)
SEC Filing
0001172661-25-002783 ↗ filed Jul 29, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $945.0M Q1 2024 Q2 2024: $947.2M Q2 2024 Q3 2024: $1.0B Q3 2024 Q4 2024: $1.0B Q4 2024 Q1 2025: $990.0M Q1 2025 Q2 2025: $1.1B $1.1B Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $1.3B Q4 2025 Q1 2026: $1.4B Q1 2026 Q2 2026: $1.4B Q2 2026

Holdings 119 stocks · $1.1B
GLD SPDR Gold Shares 13.51% 487,875 $148.2M Reduce -3.9%
IAU iShares Gold Trust 9.99% 1,757,254 $109.6M No change
VRT Vertiv Holdings Co. Class A 3.58% 305,951 $39.3M Reduce -0.1%
GOOGL Alphabet Inc. Class A 3.58% 222,743 $39.3M Add +2.8%
T AT&T Inc. 3.36% 1,272,058 $36.8M Reduce -0.1%
KD Kyndryl Holdings Inc. 3.24% 845,815 $35.5M No change
AVGO Broadcom Inc. 3.11% 123,583 $34.1M Reduce -4.7%
SLM SLM Corp. 2.88% 965,001 $31.6M Reduce -5.5%
COHR Coherent Corp. 2.87% 353,545 $31.5M Add +3.7%
CSCO Cisco Systems Inc. 2.22% 350,251 $24.3M Reduce -12.3%
UBER Uber Technologies Inc. 2.11% 248,201 $23.2M Add +19.6%
UNH Unitedhealth Group Inc. 2.08% 73,213 $22.8M Add +52.3%
RTX RTX Corp. 2.08% 156,074 $22.8M No change
LITE Lumentum Holdings Inc. 1.96% 226,540 $21.5M Add +4.8%
GBDC Golub Capital BDC Inc. 1.93% 1,447,589 $21.2M No change
EG Everest Group Ltd. 1.76% 56,811 $19.3M Add +5.0%
PFE Pfizer Inc. 1.71% 772,262 $18.7M Add +11.4%
SONY Sony Group Corp. - SP ADR 1.70% 718,430 $18.7M No change
BMY Bristol-Myers Squibb Co. 1.66% 393,996 $18.2M No change
ONON On Holding AG Class A filed as ON HLDG AG 1.66% 349,000 $18.2M Reduce -2.8%
VZ Verizon Communications Inc. 1.63% 412,751 $17.9M Reduce -1.2%
BABA Alibaba Group Holding-SP ADR 1.57% 152,130 $17.3M No change
BRK.B Berkshire Hathaway Inc. Class B 1.55% 34,941 $17.0M No change
XPO Xpo Inc. 1.52% 132,206 $16.7M Reduce -20.2%
SW Smurfit Westrock PLC 1.39% 353,145 $15.2M Reduce -5.6%
GM General Motors Co. 1.30% 289,935 $14.3M Reduce -19.9%
VTRS Viatris Inc. 1.30% 1,592,744 $14.2M Reduce -0.6%
MRVL Marvell Technology Inc. 1.29% 182,943 $14.2M Add +1729.4%
MQ Marqeta Inc. 1.28% 2,401,932 $14.0M Add +11.6%
DAR Darling Ingredients Inc. 1.24% 359,898 $13.7M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.16% 268,942 $12.7M No change
PYPL PayPal Holdings Inc. 1.13% 166,753 $12.4M Add +10.3%
ADT Adt Inc. 1.06% 1,378,753 $11.7M No change
DXC DXC Technology Co. 0.88% 632,700 $9.7M Reduce -13.2%
BIO Bio-Rad Laboratories-A 0.77% 34,784 $8.4M New
MTB M & T Bank Corp. filed as M & T BK CORP 0.70% 39,592 $7.7M No change
ST Sensata Technologies Holdplc 0.65% 238,074 $7.2M Reduce -38.1%
AXTA Axalta Coating Systems Ltd. 0.64% 236,419 $7.0M No change
AAPL Apple Inc. 0.63% 33,787 $6.9M No change
SLV iShares Silver Trust 0.51% 169,060 $5.5M No change
NTR Nutrien Ltd. 0.45% 84,595 $4.9M No change
AMZN Amazon.com Inc. 0.44% 22,115 $4.9M No change
CTSH Cognizant Tech Solutions-A 0.43% 59,866 $4.7M No change
BLK BlackRock Inc. 0.41% 4,253 $4.5M No change
TXN Texas Instruments Inc. 0.37% 19,387 $4.0M New
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.36% 41,366 $4.0M No change
MRK Merck & Co. Inc. 0.33% 45,998 $3.6M Add +362.7%
RHI Robert Half Inc. 0.32% 85,491 $3.5M Add +82.4%
MDT Medtronic PLC 0.32% 39,819 $3.5M No change
REGN Regeneron Pharmaceuticals 0.30% 6,228 $3.3M New
EOG EOG Resources Inc. 0.29% 26,474 $3.2M New
CVX Chevron Corp. 0.29% 21,921 $3.1M New
ELV Elevance Health Inc. 0.28% 7,899 $3.1M No change
PEP Pepsico Inc. 0.28% 23,222 $3.1M New
BDX Becton Dickinson and Co. 0.28% 17,787 $3.1M New
LIN Linde PLC 0.26% 6,147 $2.9M No change
LEN Lennar Corp. Class A 0.25% 25,113 $2.8M No change
GILD Gilead Sciences Inc. 0.23% 22,952 $2.5M No change
KHC The Kraft Heinz Co. 0.23% 98,281 $2.5M No change
FFIV F5 Inc. 0.22% 8,336 $2.5M No change
META Meta Platforms Inc. Class A 0.21% 3,124 $2.3M No change
WU Western Union Co. 0.21% 271,020 $2.3M No change
HSY The Hershey Co. 0.20% 13,480 $2.2M No change
OCSL Oaktree Specialty Lending Co. 0.19% 152,345 $2.1M Reduce -6.2%
XOM Exxon Mobil Corp. 0.19% 18,886 $2.0M No change
UPS United Parcel Service Class B 0.17% 18,370 $1.9M No change
PM Philip Morris International 0.17% 10,000 $1.8M No change
JNJ Johnson & Johnson 0.15% 10,958 $1.7M No change
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.14% 28,600 $1.6M No change
LOW Lowe's Cos Inc. 0.14% 7,065 $1.6M No change
NVS Novartis AG-Sponsored ADR 0.14% 12,636 $1.5M No change
WHR Whirlpool Corp. 0.13% 14,200 $1.4M Reduce -76.0%
WBD Warner Bros Discovery Inc. 0.12% 117,106 $1.3M No change
PHYS Sprott Physical Gold Trust 0.12% 51,486 $1.3M Reduce -8.8%
GNTX Gentex Corp. 0.11% 56,000 $1.2M No change
PSLV Sprott Physical Silver Trust 0.11% 99,500 $1.2M No change
SNREY Sunrise Communicat Class A 0.11% 21,447 $1.2M No change
WMT Walmart Inc. 0.11% 12,114 $1.2M No change
GOOG Alphabet Inc. Class C 0.11% 6,670 $1.2M No change
MSFT Microsoft Corp. 0.10% 2,250 $1.1M No change
L Loews Corp. 0.10% 12,000 $1.1M No change
NE Noble Corp. PLC 0.10% 40,311 $1.1M No change
MO Altria Group Inc. 0.08% 15,000 $879K No change
LBTYK Liberty Global Ltd. Class C 0.08% 81,677 $842K No change
ZBH Zimmer Biomet Holdings Inc. 0.08% 9,190 $838K No change
OGN Organon & Co. 0.07% 82,030 $794K No change
USB US Bancorp 0.07% 17,530 $793K No change
DDOG Datadog Inc. Class A 0.07% 5,630 $756K Add +16.5%
JPM JPMorgan Chase & Co. 0.07% 2,492 $722K No change
ETHO Amplify Etho Climate Leaders 0.06% 11,610 $675K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 2,156 $636K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.05% 4,464 $554K No change
INTC Intel Corp. 0.05% 23,715 $531K No change
MDLZ Mondelez International Inc. Class A 0.04% 6,920 $467K No change
JEF Jefferies Financial Group Inc. 0.04% 8,000 $438K No change
ISRG Intuitive Surgical Inc. 0.04% 800 $435K No change
STZ Constellation Brands Inc. Class A 0.04% 2,400 $390K No change
GF The New Germany Fund Inc. 0.04% 32,643 $390K No change
SMRT Smartrent Inc. 0.03% 384,079 $380K No change
UNM Unum Group 0.03% 4,000 $323K No change
CAG Conagra Brands Inc. 0.03% 15,762 $323K No change
HRB H&R Block Inc. filed as BLOCK H & R INC 0.03% 5,600 $307K No change
LBTYA Liberty Global Ltd. Class A 0.02% 25,560 $256K No change
TEL Te Connectivity PLC 0.02% 1,500 $253K No change
FLG Flagstar Bank NA 0.02% 23,332 $247K No change
LW Lamb Weston Holdings Inc. 0.02% 4,717 $245K No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.02% 2,594 $236K No change
CHD Church & Dwight Co. Inc. 0.02% 2,400 $231K No change
VTS Vitesse Energy Inc. 0.02% 10,333 $228K No change
ALC Alcon Inc. filed as ALCON AG 0.02% 2,526 $223K No change
ORCL Oracle Corp. 0.02% 1,000 $219K New
WMB Williams Cos Inc. 0.02% 3,472 $218K No change
CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW 0.02% 10,166 $175K No change
MYN BlackRock Muniyield NY QLTY 0.01% 16,265 $155K Reduce -0.2%
REAL The Realreal Inc. filed as THE REALREAL INC 0.01% 32,071 $154K No change
BARK Bark Inc. 0.01% 164,270 $144K No change
BIRD Smartbird Inc. filed as ALLBIRDS INC 0.01% 13,070 $139K No change
SRTA Strata Critical Medical Inc. filed as BLADE AIR MOBILITY INC 0.01% 30,000 $121K New
LILAK Liberty Latin Americ Class C 0.01% 13,690 $85K No change

Portfolio Sells Q1 2025 → Q2 2025
GLD SPDR Gold Shares Reduce -3.9% 13.51% −1.27
LEA Lear Corp. Sold out 0.00% −0.63
GM General Motors Co. Reduce -19.9% 1.30% −0.42
WHR Whirlpool Corp. Reduce -76.0% 0.13% −0.41
DXC DXC Technology Co. Reduce -13.2% 0.88% −0.37
SW Smurfit Westrock PLC Reduce -5.6% 1.39% −0.30
ST Sensata Technologies Holdplc Reduce -38.1% 0.65% −0.29
VZ Verizon Communications Inc. Reduce -1.2% 1.63% −0.29
T AT&T Inc. Reduce -0.1% 3.36% −0.28
XPO Xpo Inc. Reduce -20.2% 1.52% −0.28
CSCO Cisco Systems Inc. Reduce -12.3% 2.22% −0.27
SLM SLM Corp. Reduce -5.5% 2.88% −0.14
LH Labcorp Holdings Inc. Sold out 0.00% −0.13
VTRS Viatris Inc. Reduce -0.6% 1.30% −0.11
OCSL Oaktree Specialty Lending Co. Reduce -6.2% 0.19% −0.06
BRZE Braze Inc. Class A Sold out 0.00% −0.05
DKS Dick's Sporting Goods Inc. Sold out 0.00% −0.02
PHYS Sprott Physical Gold Trust Reduce -8.8% 0.12% −0.02
WIW Western Asst Infl-LNK Opp Sold out 0.00% −0.02
MYN BlackRock Muniyield NY QLTY Reduce -0.2% 0.01% −0.00
ONON On Holding AG Class A Reduce -2.8% 1.66% +0.06
AVGO Broadcom Inc. Reduce -4.7% 3.11% +0.91
VRT Vertiv Holdings Co. Class A Reduce -0.1% 3.58% +1.35

Portfolio Buys Q1 2025 → Q2 2025
MRVL Marvell Technology Inc. Add +1729.4% 1.29% +1.23
BIO Bio-Rad Laboratories-A New 0.77% +0.77
COHR Coherent Corp. Add +3.7% 2.87% +0.64
LITE Lumentum Holdings Inc. Add +4.8% 1.96% +0.60
UBER Uber Technologies Inc. Add +19.6% 2.11% +0.58
MQ Marqeta Inc. Add +11.6% 1.28% +0.38
TXN Texas Instruments Inc. New 0.37% +0.37
REGN Regeneron Pharmaceuticals New 0.30% +0.30
EOG EOG Resources Inc. New 0.29% +0.29
CVX Chevron Corp. New 0.29% +0.29
PEP Pepsico Inc. New 0.28% +0.28
BDX Becton Dickinson and Co. New 0.28% +0.28
MRK Merck & Co. Inc. Add +362.7% 0.33% +0.24
GOOGL Alphabet Inc. Class A Add +2.8% 3.58% +0.19
PYPL PayPal Holdings Inc. Add +10.3% 1.13% +0.13
RHI Robert Half Inc. Add +82.4% 0.32% +0.06
DDOG Datadog Inc. Class A Add +16.5% 0.07% +0.02
ORCL Oracle Corp. New 0.02% +0.02
SRTA Strata Critical Medical Inc. New 0.01% +0.01
PFE Pfizer Inc. Add +11.4% 1.71% −0.07
EG Everest Group Ltd. Add +5.0% 1.76% −0.23
UNH Unitedhealth Group Inc. Add +52.3% 2.08% −0.46

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 112$1.4BGLD, IAU, COHR, VRT, GOOGL
Q1 2026 116$1.4BGLD, IAU, LITE, COHR, VRT
Q4 2025 114$1.3BGLD, IAU, GOOGL, COHR, VRT
Q3 2025 116$1.2BGLD, IAU, GOOGL, VRT, AVGO
Q2 2025 119$1.1BGLD, IAU, VRT, GOOGL, T
Q1 2025 115$990.0MGLD, IAU, T, GOOGL, SLM
Q4 2024 117$1.0BGLD, IAU, GOOGL, T, AVGO
Q3 2024 111$1.0BGLD, IAU, GOOGL, T, COHR
Q2 2024 119$947.2MGLD, IAU, GOOGL, T, COHR
Q1 2024 120$945.0MGLD, IAU, GOOGL, T, SLM