Arthur M. Cohen & Associates, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 10, 2025), Arthur M. Cohen & Associates, LLC reported 124 stock positions worth $521.2 million. Its top holding was Danaher (DHR) at 8.1% of the portfolio, followed by Nvidia (NVDA, 7.6%) and Apple (AAPL, 7.5%). Compared with Q4 2024, it opened 5 new positions, sold out of 16, added to 44 and reduced 42. The biggest buy was Progressive (PGR, shares +1%) and the biggest sale Nvidia (NVDA, shares −3%).

Most Recent 13F
Q2 2026
Location
NORTHBROOK, IL
CIK
0001692252
Portfolio Value
$521.2M (Q1 2025)
SEC Filing
0001692252-25-000002 ↗ filed Apr 10, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $473.4M Q1 2024 Q2 2024: $545.3M Q2 2024 Q3 2024: $553.5M Q3 2024 Q4 2024: $564.4M Q4 2024 Q1 2025: $521.2M $521.2M Q1 2025 Q2 2025: $566.2M Q2 2025 Q3 2025: $594.8M Q3 2025 Q4 2025: $612.5M Q4 2025 Q1 2026: $562.6M Q1 2026 Q2 2026: $640.0M Q2 2026

Holdings 124 stocks · $521.2M
DHR Danaher Corp. 8.11% 206,211 $42.3M Reduce -3.0%
NVDA Nvidia Corp. 7.60% 365,693 $39.6M Reduce -2.5%
AAPL Apple Inc. 7.50% 176,011 $39.1M Reduce -1.1%
BRK.B Berkshire Hathaway Inc. Class B 7.43% 72,682 $38.7M Reduce -4.0%
QQQM Invesco Nasdaq 100 ETF 5.42% 146,338 $28.2M Add +7.7%
SPY SS SPDR S&P 500 ETF Trust-US 4.94% 46,029 $25.7M Reduce -8.5%
AMZN Amazon.com Inc. 4.92% 134,920 $25.7M Reduce -1.0%
MSFT Microsoft Corp. 4.25% 58,961 $22.1M Reduce -0.8%
GOOG Alphabet Inc. Class C 3.98% 132,873 $20.8M Reduce -0.8%
LLY Eli Lilly & Co. 3.74% 23,601 $19.5M Reduce -2.4%
COST Costco Wholesale Corp. 2.95% 19,122 $15.4M Add +16.7%
BRK.A Berkshire Hathaway Inc. Class A 2.76% 18 $14.4M No change
VYM Vanguard High DVD Yield ETF 2.30% 93,094 $12.0M Add +4.3%
NFLX Netflix Inc. 2.24% 12,519 $11.7M Reduce -1.1%
BLK BlackRock Finance Inc. 2.02% 11,119 $10.5M Reduce -0.8%
PGR Progressive Corp. 1.86% 34,185 $9.7M Add +1.3%
CRWD CrowdStrike Holdings Inc. Class A 1.30% 19,260 $6.8M Add +4.5%
META Meta Platforms Inc. Class A 1.22% 11,065 $6.4M Add +8411.5%
HD Home Depot Inc. 1.13% 16,096 $5.9M Reduce -2.4%
ISRG Intuitive Surgical Inc. 1.00% 10,541 $5.2M Add +1.9%
QQQ Invesco QQQ Trust Series 1 0.93% 10,294 $4.8M Reduce -1.0%
VLTO Veralto Corp. 0.92% 49,243 $4.8M Reduce -2.6%
RTX RTX Corp. 0.89% 35,015 $4.6M Add +0.9%
VOO Vanguard S&P 500 ETF 0.86% 8,692 $4.5M Reduce -10.4%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.82% 12,449 $4.3M Add +2.1%
TMO Thermo Fisher Scientific Inc. 0.81% 8,455 $4.2M Reduce -6.9%
SHOP Shopify Inc. Class A 0.80% 43,789 $4.2M Reduce -2.9%
VEEV Veeva Systems Inc. Class A 0.69% 15,577 $3.6M Reduce -6.3%
CRM Salesforce Inc. 0.63% 12,300 $3.3M Reduce -1.6%
ACGL Arch Capital Group Ltd. 0.62% 33,778 $3.2M Add +5.1%
V Visa Inc. Class A 0.62% 9,208 $3.2M Add +1.2%
CMG Chipotle Mexican Grill Inc. 0.59% 61,653 $3.1M Add +3.2%
MA Mastercard Inc. Class A 0.49% 4,659 $2.6M Reduce -4.3%
EQIX Equinix Inc. 0.48% 3,066 $2.5M Add +7.3%
MRVL Marvell Technology Inc. 0.45% 37,908 $2.3M Add +7.7%
FIW First Trust Water ETF 0.43% 22,356 $2.3M Reduce -2.4%
PANW Palo Alto Networks Inc. 0.41% 12,637 $2.2M Add +0.8%
NOBL Proshares S&P 500 Dividend A 0.41% 20,887 $2.1M Add +15.1%
MCD McDonald's Corp. 0.36% 6,082 $1.9M Reduce -16.9%
AMGN Amgen Inc. 0.34% 5,756 $1.8M Reduce -23.9%
ETN Eaton Corp. PLC 0.32% 6,189 $1.7M Add +5.6%
TSM Taiwan Semiconductor-SP ADR 0.31% 9,632 $1.6M Add +5.2%
ABBV Abbvie Inc. 0.30% 7,540 $1.6M Reduce -5.7%
CBOE Cboe Global Markets Inc. 0.30% 6,800 $1.5M Reduce -8.1%
GOOGL Alphabet Inc. Class A 0.29% 9,936 $1.5M Add +0.8%
WMT Walmart Inc. 0.29% 17,300 $1.5M Add +0.5%
PLTR Palantir Technologies Inc. Class A 0.28% 17,438 $1.5M Add +25.4%
OTIS Otis Worldwide Corp. 0.28% 14,000 $1.4M No change
ORCL Oracle Corp. 0.28% 10,300 $1.4M Add +15.5%
JNJ Johnson & Johnson 0.26% 8,113 $1.3M No change
AON Aon PLC Class A 0.26% 3,370 $1.3M Reduce -8.2%
IVV iShares Core S&P 500 ETF 0.25% 2,276 $1.3M Add +1.9%
SCHG Schwab US Large-Cap Growth 0.24% 50,648 $1.3M No change
OSPN Onespan Inc. 0.24% 81,000 $1.2M Reduce -11.4%
AXON Axon Enterprise Inc. 0.23% 2,307 $1.2M Add +39.5%
FG F&G Annuities & Life Inc. 0.23% 33,515 $1.2M Reduce -3.7%
CARR Carrier Global Corp. 0.23% 19,000 $1.2M No change
RBLX Roblox Corp. Class A 0.22% 20,054 $1.2M No change
MDY State Street SPDR S&P Midcap 0.22% 2,187 $1.2M Add +19.8%
JPM JPMorgan Chase & Co. 0.22% 4,726 $1.2M Add +0.1%
NOW ServiceNow Inc. 0.22% 1,419 $1.1M Reduce -6.9%
EW Edwards Lifesciences Corp. 0.21% 15,163 $1.1M Reduce -22.1%
UNH Unitedhealth Group Inc. 0.21% 2,041 $1.1M Reduce -23.8%
SPTM SS SPDR P S&P 1500 Comp ETF 0.17% 12,825 $872K No change
SPHQ Invesco S&P 500 Quality ETF 0.17% 13,090 $868K No change
GE General Electric filed as GE AEROSPACE 0.16% 4,185 $838K Add +5.5%
PG The Procter & Gamble Co. 0.15% 4,720 $804K Reduce -4.0%
AVGO Broadcom Inc. 0.15% 4,751 $795K Add +15.3%
WM Waste Management Inc. 0.15% 3,275 $758K No change
MMM 3M Co. 0.14% 5,000 $734K No change
TSLA Tesla Inc. 0.12% 2,445 $634K Reduce -41.2%
BX Blackstone Inc. 0.11% 4,225 $591K Add +15.9%
FNF Fidelity National Financial 0.11% 9,002 $586K Reduce -3.0%
AMP Ameriprise Financial Inc. 0.11% 1,184 $573K Add +3.9%
DVY iShares Select Dividend ETF 0.11% 4,223 $567K Reduce -7.2%
SBUX Starbucks Corp. 0.10% 5,475 $537K No change
VIG Vanguard Dividend Apprec ETF 0.10% 2,759 $535K No change
ASML ASML Holding NV-NY Reg SHS 0.10% 785 $520K No change
LMT Lockheed Martin Corp. 0.10% 1,113 $497K No change
ILMN Illumina Inc. 0.09% 5,955 $472K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.09% 2,704 $467K New
VUG Vanguard Mrngstar GR ETF-Sui 0.09% 1,218 $452K Add +0.1%
VTI VG Morningstar TS MKT ETF-US 0.09% 1,622 $446K Add +0.4%
SHW The Sherwin-Williams Co. 0.08% 1,253 $438K No change
VRTX Vertex Pharmaceuticals Inc. 0.08% 890 $431K No change
MSI Motorola Solutions Inc. 0.08% 977 $428K No change
IWR iShares Russell Mid-Cap ETF 0.08% 5,018 $427K Add +0.2%
VRT Vertiv Holdings Co. Class A 0.08% 5,905 $426K Add +30.5%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.08% 7,538 $412K Add +17.1%
FLUT Flutter Entertainment PLC-Di 0.08% 1,845 $409K Add +20.6%
SPGI S&P Global Inc. 0.08% 787 $400K No change
VHT Vanguard Health Care ETF 0.08% 1,487 $394K Reduce -2.4%
DKNG Draftkings Inc. Class A 0.07% 11,740 $390K Add +21.4%
ZBRA Zebra Technologies Corp. Class A 0.07% 1,360 $384K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.07% 1,452 $375K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.07% 8,471 $353K Reduce -10.1%
VGT Vanguard Info Tech ETF 0.07% 647 $351K No change
IWM iShares Russell 2000 ETF 0.06% 1,694 $338K Reduce -71.1%
GEV GE Vernova Inc. 0.06% 1,104 $337K Add +34.0%
MRK Merck & Co. Inc. 0.06% 3,645 $327K Add +5.8%
ADP Automatic Data Processing 0.06% 1,060 $324K No change
VCR Vanguard Consumer Discre ETF 0.06% 976 $318K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.06% 2,574 $314K Add +17.0%
SDY SS SPDR S&P Dividend ETF 0.06% 2,300 $312K New
MLM Martin Marietta Materials 0.06% 600 $287K No change
OEF iShares S&P 100 ETF 0.05% 1,057 $286K Add +0.1%
GILD Gilead Sciences Inc. 0.05% 2,520 $282K Add +0.4%
DGRO iShares Core Dividend Growth 0.05% 4,500 $278K No change
KO The Coca-Cola Co. 0.05% 3,725 $267K No change
QCOM Qualcomm Inc. 0.05% 1,700 $261K No change
CGGR Cap Group Growth Equity 0.05% 7,258 $249K New
CL Colgate-Palmolive Co. 0.05% 2,650 $248K No change
XOM Exxon Mobil Corp. 0.05% 2,075 $247K New
BMY Bristol-Myers Squibb Co. 0.05% 4,010 $245K No change
MPC Marathon Petroleum Corp. 0.05% 1,667 $243K Add +4.7%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.05% 3,078 $243K No change
ADBE Adobe Inc. 0.05% 630 $242K Reduce -40.1%
ADI Analog Devices Inc. 0.05% 1,196 $241K No change
CSCO Cisco Systems Inc. 0.04% 3,725 $230K Add +2.9%
MET Metlife Inc. 0.04% 2,759 $222K Reduce -11.8%
LOW Lowe's Cos Inc. 0.04% 948 $221K New
IEX Idex Corp. 0.04% 1,200 $217K No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.04% 3,000 $213K Reduce -40.3%
KMB Kimberly-Clark Corp. 0.04% 1,440 $205K Reduce -9.4%
Other holdings (1): bonds, preferreds, convertibles and warrants · $380K (not counted above)
SecurityClassShares / PrincipalValueChange
BROOKFIELD PROPERTY PART (BPY 6.5 PERP A-1) PREFERRED 27,900$380KNew

Total filed on the 13F, all lines: $521.6M.

Portfolio Sells Q4 2024 → Q1 2025
NVDA Nvidia Corp. Reduce -2.5% 7.60% −1.33
GOOG Alphabet Inc. Class C Reduce -0.8% 3.98% −0.54
DHR Danaher Corp. Reduce -3.0% 8.11% −0.54
AAPL Apple Inc. Reduce -1.1% 7.50% −0.40
AMZN Amazon.com Inc. Reduce -1.0% 4.92% −0.37
SPY SS SPDR S&P 500 ETF Trust-US Reduce -8.5% 4.94% −0.28
MSFT Microsoft Corp. Reduce -0.8% 4.25% −0.19
TSLA Tesla Inc. Reduce -41.2% 0.12% −0.18
IWM iShares Russell 2000 ETF Reduce -71.1% 0.06% −0.16
MCY Mercury General Corp. Sold out 0.00% −0.16
ZTS Zoetis Inc. Sold out 0.00% −0.13
HSY The Hershey Co. Sold out 0.00% −0.12
ABT Abbott Laboratories Sold out 0.00% −0.11
CRM Salesforce Inc. Reduce -1.6% 0.63% −0.11
ZS Zscaler Inc. Sold out 0.00% −0.09
PEP Pepsico Inc. Sold out 0.00% −0.08
VB Vanguard Most SM-Cap ETF-Usd Sold out 0.00% −0.07
VOO Vanguard S&P 500 ETF Reduce -10.4% 0.86% −0.07
NOW ServiceNow Inc. Reduce -6.9% 0.22% −0.07
OSPN Onespan Inc. Reduce -11.4% 0.24% −0.06
KNSL Kinsale Capital Group Inc. Sold out 0.00% −0.06
BIP Brookfield Infrastructure Pa Sold out 0.00% −0.05
HCA HCA Healthcare Inc. Sold out 0.00% −0.05
CHD Church & Dwight Co. Inc. Sold out 0.00% −0.05
SHOP Shopify Inc. Class A Reduce -2.9% 0.80% −0.05
HRI Herc Holdings Inc. Sold out 0.00% −0.05
EW Edwards Lifesciences Corp. Reduce -22.1% 0.21% −0.04
SPSM SS SPDR P S&P 600 Small Cap Sold out 0.00% −0.04
WST West Pharmaceutical Services Sold out 0.00% −0.04
ADBE Adobe Inc. Reduce -40.1% 0.05% −0.04
ITOT iShares Core S&P Total U.S. Sold out 0.00% −0.04
INTU Intuit Inc. Sold out 0.00% −0.04
UNH Unitedhealth Group Inc. Reduce -23.8% 0.21% −0.04
TMO Thermo Fisher Scientific Inc. Reduce -6.9% 0.81% −0.03
FG F&G Annuities & Life Inc. Reduce -3.7% 0.23% −0.02
BLK BlackRock Finance Inc. Reduce -0.8% 2.02% −0.02
QQQ Invesco QQQ Trust Series 1 Reduce -1.0% 0.93% −0.02
MCD McDonald's Corp. Reduce -16.9% 0.36% −0.01
WRB WR Berkley Corp. Reduce -40.3% 0.04% −0.01
BAC Bank of America Corp. Reduce -10.1% 0.07% −0.01
HD Home Depot Inc. Reduce -2.4% 1.13% −0.01
AMGN Amgen Inc. Reduce -23.9% 0.34% −0.01
MET Metlife Inc. Reduce -11.8% 0.04% −0.00
KMB Kimberly-Clark Corp. Reduce -9.4% 0.04% +0.00
DVY iShares Select Dividend ETF Reduce -7.2% 0.11% +0.00
VHT Vanguard Health Care ETF Reduce -2.4% 0.08% +0.01
PG The Procter & Gamble Co. Reduce -4.0% 0.15% +0.01
VLTO Veralto Corp. Reduce -2.6% 0.92% +0.01
FIW First Trust Water ETF Reduce -2.4% 0.43% +0.02
FNF Fidelity National Financial Reduce -3.0% 0.11% +0.02

Portfolio Buys Q4 2024 → Q1 2025
PGR Progressive Corp. Add +1.3% 1.86% +0.42
QQQM Invesco Nasdaq 100 ETF Add +7.7% 5.42% +0.35
COST Costco Wholesale Corp. Add +16.7% 2.95% +0.29
VYM Vanguard High DVD Yield ETF Add +4.3% 2.30% +0.29
AJG Arthur J Gallagher & Co. Add +2.1% 0.82% +0.21
CRWD CrowdStrike Holdings Inc. Class A Add +4.5% 1.30% +0.18
RTX RTX Corp. Add +0.9% 0.89% +0.18
META Meta Platforms Inc. Class A Add +8411.5% 1.22% +0.14
V Visa Inc. Class A Add +1.2% 0.62% +0.11
ACGL Arch Capital Group Ltd. Add +5.1% 0.62% +0.10
PLTR Palantir Technologies Inc. Class A Add +25.4% 0.28% +0.10
VTV Vanguard Mrngstr Val ETF-Aui New 0.09% +0.09
NOBL Proshares S&P 500 Dividend A Add +15.1% 0.41% +0.09
SDY SS SPDR S&P Dividend ETF New 0.06% +0.06
AXON Axon Enterprise Inc. Add +39.5% 0.23% +0.06
CGGR Cap Group Growth Equity New 0.05% +0.05
XOM Exxon Mobil Corp. New 0.05% +0.05
ISRG Intuitive Surgical Inc. Add +1.9% 1.00% +0.05
GE General Electric Add +5.5% 0.16% +0.04
LOW Lowe's Cos Inc. New 0.04% +0.04
MDY State Street SPDR S&P Midcap Add +19.8% 0.22% +0.04
JPM JPMorgan Chase & Co. Add +0.1% 0.22% +0.02
GEV GE Vernova Inc. Add +34.0% 0.06% +0.02
WMT Walmart Inc. Add +0.5% 0.29% +0.02
GILD Gilead Sciences Inc. Add +0.4% 0.05% +0.01
TJX TJX Companies Inc. Add +17.0% 0.06% +0.01
ORCL Oracle Corp. Add +15.5% 0.28% +0.01
IVV iShares Core S&P 500 ETF Add +1.9% 0.25% +0.01
DKNG Draftkings Inc. Class A Add +21.4% 0.07% +0.01
PANW Palo Alto Networks Inc. Add +0.8% 0.41% +0.01
FLUT Flutter Entertainment PLC-Di Add +20.6% 0.08% +0.01
MPC Marathon Petroleum Corp. Add +4.7% 0.05% +0.01
CSCO Cisco Systems Inc. Add +2.9% 0.04% +0.01
IWR iShares Russell Mid-Cap ETF Add +0.2% 0.08% +0.00
VTI VG Morningstar TS MKT ETF-US Add +0.4% 0.09% +0.00
AMP Ameriprise Financial Inc. Add +3.9% 0.11% +0.00
EQIX Equinix Inc. Add +7.3% 0.48% +0.00
MRK Merck & Co. Inc. Add +5.8% 0.06% +0.00
BX Blackstone Inc. Add +15.9% 0.11% +0.00
OEF iShares S&P 100 ETF Add +0.1% 0.05% +0.00
VUG Vanguard Mrngstar GR ETF-Sui Add +0.1% 0.09% −0.00
VRT Vertiv Holdings Co. Class A Add +30.5% 0.08% −0.01
TSM Taiwan Semiconductor-SP ADR Add +5.2% 0.31% −0.01
AVGO Broadcom Inc. Add +15.3% 0.15% −0.02
ETN Eaton Corp. PLC Add +5.6% 0.32% −0.02
GOOGL Alphabet Inc. Class A Add +0.8% 0.29% −0.04
CMG Chipotle Mexican Grill Inc. Add +3.2% 0.59% −0.04
TTD Trade Desk Inc./the Class A Add +17.1% 0.08% −0.05
MRVL Marvell Technology Inc. Add +7.7% 0.45% −0.24

Notes & Other Activity Q4 2024 → Q1 2025
BROOKFIELD PROPERTY PART (BPY 6.5 PERP A-1) PREFERRED New 27,900 $380K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 139$640.0MNVDA, AAPL, QQQM, GOOG, BRK.B
Q1 2026 127$562.6MNVDA, AAPL, GOOG, QQQM, BRK.B
Q4 2025 129$612.5MNVDA, AAPL, GOOG, QQQM, BRK.B
Q3 2025 127$594.8MNVDA, AAPL, QQQM, BRK.B, GOOG
Q2 2025 125$566.2MNVDA, DHR, AAPL, BRK.B, QQQM
Q1 2025 124$521.2MDHR, NVDA, AAPL, BRK.B, QQQM
Q4 2024 135$564.4MNVDA, DHR, AAPL, BRK.B, AMZN
Q3 2024 140$553.5MDHR, NVDA, AAPL, BRK.B, SPY
Q2 2024 140$545.3MAAPL, DHR, NVDA, BRK.B, SPY
Q1 2024 134$473.4MDHR, AAPL, BRK.B, NVDA, SPY