Arnhold LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 7, 2025), Arnhold LLC reported 116 stock positions worth $1.2 billion. Its top holding was SPDR Gold Shares (GLD) at 14.5% of the portfolio, followed by iShares Gold Trust (IAU, 10.7%) and Alphabet Class A (GOOGL, 4.5%). Compared with Q2 2025, it opened 4 new positions, sold out of 7, added to 8 and reduced 22. The biggest buy was a new position in Tyson Foods Class A (TSN) and the biggest sale SLM (SLM, shares −1%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001733755
Portfolio Value
$1.2B (Q3 2025)
SEC Filing
0001172661-25-004621 ↗ filed Nov 7, 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 Q2 2025 Q3 2025: $1.2B $1.2B Q3 2025 Q4 2025: $1.3B Q4 2025 Q1 2026: $1.4B Q1 2026 Q2 2026: $1.4B Q2 2026

Holdings 116 stocks · $1.2B
GLD SPDR Gold Shares 14.50% 487,875 $173.4M No change
IAU iShares Gold Trust 10.70% 1,757,254 $127.9M No change
GOOGL Alphabet Inc. Class A 4.49% 220,873 $53.7M Reduce -0.8%
VRT Vertiv Holdings Co. Class A 3.69% 292,643 $44.1M Reduce -4.3%
AVGO Broadcom Inc. 3.38% 122,494 $40.4M Reduce -0.9%
COHR Coherent Corp. 2.99% 332,245 $35.8M Reduce -6.0%
T AT&T Inc. 2.98% 1,261,312 $35.6M Reduce -0.8%
LITE Lumentum Holdings Inc. 2.83% 207,802 $33.8M Reduce -8.3%
KD Kyndryl Holdings Inc. 2.54% 1,010,671 $30.4M Add +19.5%
BABA Alibaba Group Holding-SP ADR 2.25% 150,736 $26.9M Reduce -0.9%
SLM SLM Corp. 2.21% 955,856 $26.5M Reduce -0.9%
RTX RTX Corp. 2.17% 155,038 $25.9M Reduce -0.7%
UNH Unitedhealth Group Inc. 2.09% 72,417 $25.0M Reduce -1.1%
UBER Uber Technologies Inc. 2.02% 245,934 $24.1M Reduce -0.9%
CSCO Cisco Systems Inc. 1.99% 348,565 $23.8M Reduce -0.5%
SONY Sony Group Corp. - SP ADR 1.71% 709,663 $20.4M Reduce -1.2%
GBDC Golub Capital BDC Inc. 1.67% 1,462,589 $20.0M Add +1.0%
PFE Pfizer Inc. 1.65% 776,498 $19.8M Add +0.6%
EG Everest Group Ltd. 1.65% 56,338 $19.7M Reduce -0.8%
MRVL Marvell Technology Inc. 1.53% 218,237 $18.3M Add +19.3%
VZ Verizon Communications Inc. 1.52% 412,751 $18.1M No change
BMY Bristol-Myers Squibb Co. 1.47% 391,005 $17.6M Reduce -0.8%
BRK.B Berkshire Hathaway Inc. Class B 1.47% 34,941 $17.6M No change
XPO Xpo Inc. 1.42% 131,100 $16.9M Reduce -0.8%
GM General Motors Co. 1.31% 256,537 $15.6M Reduce -11.5%
VTRS Viatris Inc. 1.30% 1,566,611 $15.5M Reduce -1.6%
SW Smurfit Westrock PLC 1.24% 353,145 $14.9M No change
ONON On Holding AG Class A filed as ON HLDG AG 1.24% 349,000 $14.8M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.16% 268,942 $13.9M No change
ADT Adt Inc. 1.14% 1,571,521 $13.7M Add +14.0%
MQ Marqeta Inc. 1.05% 2,378,523 $12.6M Reduce -1.0%
PYPL PayPal Holdings Inc. 0.94% 166,753 $11.2M No change
DAR Darling Ingredients Inc. 0.93% 359,898 $11.1M No change
DXC DXC Technology Co. 0.90% 790,475 $10.8M Add +24.9%
BIO Bio-Rad Laboratories-A 0.82% 34,784 $9.8M No change
AAPL Apple Inc. 0.72% 33,787 $8.6M No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.63% 38,377 $7.6M Reduce -3.1%
ST Sensata Technologies Holdplc 0.61% 238,074 $7.3M No change
SLV iShares Silver Trust 0.60% 169,060 $7.2M No change
AXTA Axalta Coating Systems Ltd. 0.57% 236,419 $6.8M No change
NTR Nutrien Ltd. 0.42% 84,595 $5.0M No change
BLK BlackRock Inc. 0.41% 4,253 $5.0M No change
AMZN Amazon.com Inc. 0.41% 22,115 $4.9M No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.36% 41,366 $4.2M No change
CTSH Cognizant Tech Solutions-A 0.34% 59,866 $4.0M No change
MRK Merck & Co. Inc. 0.32% 45,998 $3.9M No change
MDT Medtronic PLC 0.32% 39,819 $3.8M No change
TXN Texas Instruments Inc. 0.30% 19,387 $3.6M No change
REGN Regeneron Pharmaceuticals 0.29% 6,228 $3.5M No change
CVX Chevron Corp. 0.28% 21,921 $3.4M No change
BDX Becton Dickinson and Co. 0.28% 17,787 $3.3M No change
PEP Pepsico Inc. 0.27% 23,222 $3.3M No change
TSN Tyson Foods Inc. Class A 0.26% 58,307 $3.2M New
LEN Lennar Corp. Class A 0.26% 25,113 $3.2M No change
EOG EOG Resources Inc. 0.25% 26,474 $3.0M No change
LIN Linde PLC 0.24% 6,147 $2.9M No change
RHI Robert Half Inc. 0.24% 85,491 $2.9M No change
KHC The Kraft Heinz Co. 0.21% 98,281 $2.6M No change
ELV Elevance Health Inc. 0.21% 7,899 $2.6M No change
GILD Gilead Sciences Inc. 0.21% 22,952 $2.5M No change
HSY The Hershey Co. 0.21% 13,480 $2.5M No change
OCSL Oaktree Specialty Lending Co. 0.20% 179,845 $2.3M Add +18.1%
META Meta Platforms Inc. Class A 0.19% 3,124 $2.3M No change
WU Western Union Co. 0.18% 271,020 $2.2M No change
XOM Exxon Mobil Corp. 0.18% 18,886 $2.1M No change
JNJ Johnson & Johnson 0.17% 10,958 $2.0M No change
LOW Lowe's Cos Inc. 0.15% 7,065 $1.8M No change
GOOG Alphabet Inc. Class C 0.14% 6,670 $1.6M No change
PM Philip Morris International 0.14% 10,000 $1.6M No change
NVS Novartis AG-Sponsored ADR 0.14% 12,636 $1.6M No change
GNTX Gentex Corp. 0.13% 56,000 $1.6M No change
PSLV Sprott Physical Silver Trust 0.13% 99,500 $1.6M No change
UPS United Parcel Service Class B 0.13% 18,370 $1.5M No change
PHYS Sprott Physical Gold Trust 0.13% 51,486 $1.5M No change
WMT Walmart Inc. 0.10% 12,006 $1.2M Reduce -0.9%
L Loews Corp. 0.10% 12,000 $1.2M No change
MSFT Microsoft Corp. 0.10% 2,250 $1.2M No change
NE Noble Corp. PLC 0.10% 40,311 $1.1M No change
WHR Whirlpool Corp. 0.09% 14,200 $1.1M No change
MO Altria Group Inc. 0.08% 15,000 $991K No change
LBTYK Liberty Global Ltd. Class C 0.08% 81,677 $960K No change
ZBH Zimmer Biomet Holdings Inc. 0.08% 9,190 $905K No change
OGN Organon & Co. 0.07% 81,530 $871K Reduce -0.6%
USB US Bancorp 0.07% 17,530 $847K No change
INTC Intel Corp. 0.07% 23,715 $796K No change
JPM JPMorgan Chase & Co. 0.07% 2,492 $786K No change
ETHO Amplify Etho Climate Leaders 0.06% 11,610 $739K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.05% 2,156 $608K No change
SMRT Smartrent Inc. 0.05% 384,079 $542K No change
JEF Jefferies Financial Group Inc. 0.04% 8,000 $523K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.04% 4,464 $511K No change
MDLZ Mondelez International Inc. Class A 0.04% 6,920 $432K No change
RH RH 0.03% 2,000 $406K New
GF The New Germany Fund Inc. 0.03% 32,643 $377K No change
ISRG Intuitive Surgical Inc. 0.03% 800 $358K No change
REAL The Realreal Inc. filed as THE REALREAL INC 0.03% 32,071 $341K No change
TEL Te Connectivity PLC 0.03% 1,500 $329K No change
STZ Constellation Brands Inc. Class A 0.03% 2,400 $323K No change
UNM Unum Group 0.03% 4,000 $311K No change
LBTYA Liberty Global Ltd. Class A 0.02% 25,560 $293K No change
CAG Conagra Brands Inc. 0.02% 15,762 $289K No change
HRB H&R Block Inc. filed as BLOCK H & R INC 0.02% 5,600 $283K No change
ORCL Oracle Corp. 0.02% 1,000 $281K No change
LW Lamb Weston Holdings Inc. 0.02% 4,717 $274K No change
FLG Flagstar Bank NA 0.02% 23,332 $269K No change
FNV Franco-Nevada Corp. 0.02% 1,200 $267K New
MYN BlackRock Muniyield NY QLTY 0.02% 26,265 $261K Add +61.5%
VTS Vitesse Energy Inc. 0.02% 10,333 $240K No change
DKS Dick's Sporting Goods Inc. 0.02% 1,000 $222K New
WMB Williams Cos Inc. 0.02% 3,472 $220K No change
CHD Church & Dwight Co. Inc. 0.02% 2,400 $210K No change
CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW 0.01% 10,166 $166K No change
SRTA Strata Critical Medical Inc. 0.01% 30,000 $152K No change
BARK Bark Inc. 0.01% 164,270 $136K No change
LILAK Liberty Latin Americ Class C 0.01% 13,690 $116K No change
BIRD Smartbird Inc. filed as ALLBIRDS INC 0.01% 13,070 $74K No change

Portfolio Sells Q2 2025 → Q3 2025
SLM SLM Corp. Reduce -0.9% 2.21% −0.67
T AT&T Inc. Reduce -0.8% 2.98% −0.38
MQ Marqeta Inc. Reduce -1.0% 1.05% −0.23
FFIV F5 Inc. Sold out 0.00% −0.22
CSCO Cisco Systems Inc. Reduce -0.5% 1.99% −0.22
BMY Bristol-Myers Squibb Co. Reduce -0.8% 1.47% −0.19
BNS Bank of Nova Scotia Sold out 0.00% −0.14
WBD Warner Bros Discovery Inc. Sold out 0.00% −0.12
SNREY Sunrise Communicat Class A Sold out 0.00% −0.11
EG Everest Group Ltd. Reduce -0.8% 1.65% −0.11
XPO Xpo Inc. Reduce -0.8% 1.42% −0.10
UBER Uber Technologies Inc. Reduce -0.9% 2.02% −0.10
DDOG Datadog Inc. Class A Sold out 0.00% −0.07
MTB M & T Bank Corp. Reduce -3.1% 0.63% −0.07
BNY Bank of New York Mellon Corp. Sold out 0.00% −0.02
ALC Alcon Inc. Sold out 0.00% −0.02
WMT Walmart Inc. Reduce -0.9% 0.10% −0.00
OGN Organon & Co. Reduce -0.6% 0.07% +0.00
VTRS Viatris Inc. Reduce -1.6% 1.30% +0.00
SONY Sony Group Corp. - SP ADR Reduce -1.2% 1.71% +0.01
GM General Motors Co. Reduce -11.5% 1.31% +0.01
UNH Unitedhealth Group Inc. Reduce -1.1% 2.09% +0.01
RTX RTX Corp. Reduce -0.7% 2.17% +0.09
VRT Vertiv Holdings Co. Class A Reduce -4.3% 3.69% +0.11
COHR Coherent Corp. Reduce -6.0% 2.99% +0.12
AVGO Broadcom Inc. Reduce -0.9% 3.38% +0.27
BABA Alibaba Group Holding-SP ADR Reduce -0.9% 2.25% +0.68
LITE Lumentum Holdings Inc. Reduce -8.3% 2.83% +0.86
GOOGL Alphabet Inc. Class A Reduce -0.8% 4.49% +0.91

Portfolio Buys Q2 2025 → Q3 2025
TSN Tyson Foods Inc. Class A New 0.26% +0.26
MRVL Marvell Technology Inc. Add +19.3% 1.53% +0.24
ADT Adt Inc. Add +14.0% 1.14% +0.08
RH RH New 0.03% +0.03
FNV Franco-Nevada Corp. New 0.02% +0.02
DXC DXC Technology Co. Add +24.9% 0.90% +0.02
DKS Dick's Sporting Goods Inc. New 0.02% +0.02
MYN BlackRock Muniyield NY QLTY Add +61.5% 0.02% +0.01
OCSL Oaktree Specialty Lending Co. Add +18.1% 0.20% +0.01
PFE Pfizer Inc. Add +0.6% 1.65% −0.05
GBDC Golub Capital BDC Inc. Add +1.0% 1.67% −0.26
KD Kyndryl Holdings Inc. Add +19.5% 2.54% −0.70

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