Arthur M. Cohen & Associates, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 11, 2025), Arthur M. Cohen & Associates, LLC reported 125 stock positions worth $566.2 million. Its top holding was Nvidia (NVDA) at 10.1% of the portfolio, followed by Danaher (DHR, 6.6%) and Apple (AAPL, 6.3%). Compared with Q1 2025, it opened 4 new positions, sold out of 3, added to 45 and reduced 35. The biggest buy was Invesco Nasdaq 100 ETF (QQQM, shares +1%) and the biggest sale Danaher (DHR, shares −9%).

Most Recent 13F
Q2 2026
Location
NORTHBROOK, IL
CIK
0001692252
Portfolio Value
$566.2M (Q2 2025)
SEC Filing
0001085146-25-003752 ↗ filed Jul 11, 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 Q1 2025 Q2 2025: $566.2M $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 125 stocks · $566.2M
NVDA Nvidia Corp. 10.06% 360,442 $56.9M Reduce -1.4%
DHR Danaher Corp. 6.56% 188,132 $37.2M Reduce -8.8%
AAPL Apple Inc. 6.28% 173,411 $35.6M Reduce -1.5%
BRK.B Berkshire Hathaway Inc. Class B 6.10% 71,104 $34.5M Reduce -2.2%
QQQM Invesco Nasdaq 100 ETF 5.92% 147,471 $33.5M Add +0.8%
AMZN Amazon.com Inc. 5.16% 133,204 $29.2M Reduce -1.3%
MSFT Microsoft Corp. 5.07% 57,723 $28.7M Reduce -2.1%
SPY SS SPDR S&P 500 ETF Trust-US 5.03% 46,100 $28.5M Add +0.1%
GOOG Alphabet Inc. Class C 4.09% 130,673 $23.2M Reduce -1.7%
LLY Eli Lilly & Co. 3.13% 22,726 $17.7M Reduce -3.7%
NFLX Netflix Inc. 2.84% 12,016 $16.1M Reduce -4.0%
COST Costco Wholesale Corp. 2.79% 15,971 $15.8M Reduce -16.5%
VYM Vanguard High DVD Yield ETF 2.29% 97,189 $13.0M Add +4.4%
BRK.A Berkshire Hathaway Inc. Class A 2.19% 17 $12.4M Reduce -5.6%
BLK BlackRock Inc. 2.06% 11,128 $11.7M No change
CRWD CrowdStrike Holdings Inc. Class A 1.67% 18,616 $9.5M Reduce -3.3%
PGR Progressive Corp. 1.62% 34,294 $9.2M Add +0.3%
META Meta Platforms Inc. Class A 1.46% 11,167 $8.2M Add +0.9%
HD Home Depot Inc. 1.01% 15,641 $5.7M Reduce -2.8%
QQQ Invesco QQQ Trust Series 1 1.00% 10,297 $5.7M Add +0.0%
ISRG Intuitive Surgical Inc. 1.00% 10,384 $5.6M Reduce -1.5%
RTX RTX Corp. 0.93% 35,915 $5.2M Add +2.6%
VOO Vanguard S&P 500 ETF 0.87% 8,667 $4.9M Reduce -0.3%
SHOP Shopify Inc. Class A 0.86% 42,343 $4.9M Reduce -3.3%
VLTO Veralto Corp. 0.85% 47,502 $4.8M Reduce -3.5%
VEEV Veeva Systems Inc. Class A 0.81% 16,001 $4.6M Add +2.7%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.73% 12,975 $4.2M Add +4.2%
CMG Chipotle Mexican Grill Inc. 0.63% 63,103 $3.5M Add +2.4%
TMO Thermo Fisher Scientific Inc. 0.59% 8,289 $3.4M Reduce -2.0%
V Visa Inc. Class A 0.58% 9,298 $3.3M Add +1.0%
CRM Salesforce Inc. 0.56% 11,660 $3.2M Reduce -5.2%
ACGL Arch Capital Group Ltd. 0.54% 33,268 $3.0M Reduce -1.5%
MRVL Marvell Technology Inc. 0.52% 37,953 $2.9M Add +0.1%
MA Mastercard Inc. Class A 0.47% 4,719 $2.7M Add +1.3%
PANW Palo Alto Networks Inc. 0.47% 12,932 $2.6M Add +2.3%
EQIX Equinix Inc. 0.46% 3,292 $2.6M Add +7.4%
PLTR Palantir Technologies Inc. Class A 0.43% 17,935 $2.4M Add +2.9%
NOBL Proshares S&P 500 Dividend A 0.43% 23,997 $2.4M Add +14.9%
FIW First Trust Water ETF 0.43% 22,306 $2.4M Reduce -0.2%
TSM Taiwan Semiconductor-SP ADR 0.39% 9,807 $2.2M Add +1.8%
ORCL Oracle Corp. 0.39% 10,150 $2.2M Reduce -1.5%
ETN Eaton Corp. PLC 0.39% 6,189 $2.2M No change
RBLX Roblox Corp. Class A 0.37% 20,054 $2.1M No change
AXON Axon Enterprise Inc. 0.35% 2,378 $2.0M Add +3.1%
MCD McDonald's Corp. 0.31% 6,082 $1.8M No change
GOOGL Alphabet Inc. Class A 0.31% 9,936 $1.8M No change
WMT Walmart Inc. 0.30% 17,500 $1.7M Add +1.2%
JPM JPMorgan Chase & Co. 0.27% 5,226 $1.5M Add +10.6%
SCHG Schwab US Large-Cap Growth 0.26% 50,648 $1.5M No change
CBOE Cboe Global Markets Inc. 0.26% 6,300 $1.5M Reduce -7.3%
IVV iShares Core S&P 500 ETF 0.25% 2,282 $1.4M Add +0.3%
ABBV Abbvie Inc. 0.25% 7,540 $1.4M No change
NOW ServiceNow Inc. 0.25% 1,354 $1.4M Reduce -4.6%
CARR Carrier Global Corp. 0.25% 19,000 $1.4M No change
OTIS Otis Worldwide Corp. 0.24% 14,000 $1.4M No change
AMGN Amgen Inc. 0.24% 4,906 $1.4M Reduce -14.8%
OSPN Onespan Inc. 0.24% 81,000 $1.4M No change
AVGO Broadcom Inc. 0.23% 4,751 $1.3M No change
GE General Electric filed as GE AEROSPACE 0.22% 4,776 $1.2M Add +14.1%
JNJ Johnson & Johnson 0.21% 7,725 $1.2M Reduce -4.8%
MDY State Street SPDR S&P Midcap 0.20% 1,988 $1.1M Reduce -9.1%
FG F&G Annuities & Life Inc. 0.20% 35,215 $1.1M Add +5.1%
AON Aon PLC Class A 0.19% 3,020 $1.1M Reduce -10.4%
EW Edwards Lifesciences Corp. 0.18% 12,683 $992K Reduce -16.4%
SPTM SS SPDR P S&P 1500 Comp ETF 0.17% 12,825 $960K No change
SPHQ Invesco S&P 500 Quality ETF 0.16% 13,090 $933K No change
WM Waste Management Inc. 0.15% 3,695 $845K Add +12.8%
BX Blackstone Inc. 0.14% 5,269 $788K Add +24.7%
TSLA Tesla Inc. 0.14% 2,423 $770K Reduce -0.9%
VRT Vertiv Holdings Co. Class A 0.14% 5,975 $767K Add +1.2%
MMM 3M Co. 0.13% 5,000 $761K No change
PG The Procter & Gamble Co. 0.13% 4,720 $752K No change
AMP Ameriprise Financial Inc. 0.11% 1,184 $632K No change
ASML ASML Holding NV-NY Reg SHS 0.11% 785 $629K No change
FNF Fidelity National Financial 0.11% 10,967 $615K Add +21.8%
GEV GE Vernova Inc. 0.10% 1,104 $584K No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.10% 7,998 $576K Add +6.1%
DVY iShares Select Dividend ETF 0.10% 4,247 $564K Add +0.6%
FLUT Flutter Entertainment PLC-Di 0.10% 1,950 $557K Add +5.7%
VUG Vanguard Mrngstar GR ETF-Sui 0.09% 1,218 $534K No change
LMT Lockheed Martin Corp. 0.09% 1,113 $515K No change
DKNG Draftkings Inc. Class A 0.09% 11,740 $504K No change
SBUX Starbucks Corp. 0.09% 5,475 $502K No change
VTI VG Morningstar TS MKT ETF-US 0.09% 1,622 $493K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.08% 2,704 $478K No change
ILMN Illumina Inc. 0.08% 5,000 $477K Reduce -16.0%
IWR iShares Russell Mid-Cap ETF 0.08% 5,026 $462K Add +0.2%
VIG Vanguard Dividend Apprec ETF 0.08% 2,234 $457K Reduce -19.0%
SHW The Sherwin-Williams Co. 0.08% 1,323 $454K Add +5.6%
VGT Vanguard Info Tech ETF 0.08% 647 $429K No change
ZBRA Zebra Technologies Corp. Class A 0.07% 1,360 $419K No change
SPGI S&P Global Inc. 0.07% 787 $415K No change
MSI Motorola Solutions Inc. 0.07% 977 $411K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.07% 1,452 $406K No change
VRTX Vertex Pharmaceuticals Inc. 0.07% 890 $396K No change
GILD Gilead Sciences Inc. 0.07% 3,520 $390K Add +39.7%
MRK Merck & Co. Inc. 0.07% 4,825 $382K Add +32.4%
MET Metlife Inc. 0.07% 4,689 $377K Add +70.0%
KO The Coca-Cola Co. 0.07% 5,225 $370K Add +40.3%
IWM iShares Russell 2000 ETF 0.06% 1,694 $365K No change
VCR Vanguard Consumer Discre ETF 0.06% 976 $354K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.06% 2,734 $338K Add +6.2%
CL Colgate-Palmolive Co. 0.06% 3,650 $332K Add +37.7%
MLM Martin Marietta Materials 0.06% 600 $329K No change
ADP Automatic Data Processing 0.06% 1,060 $327K No change
OEF iShares S&P 100 ETF 0.06% 1,059 $322K Add +0.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.06% 6,677 $316K Reduce -21.2%
SDY SS SPDR S&P Dividend ETF 0.06% 2,300 $312K No change
CGGR Cap Group Growth Equity 0.05% 7,258 $295K No change
KMB Kimberly-Clark Corp. 0.05% 2,240 $289K Add +55.6%
DGRO iShares Core Dividend Growth 0.05% 4,500 $288K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.05% 3,488 $285K Add +13.3%
BMY Bristol-Myers Squibb Co. 0.05% 6,010 $278K Add +49.9%
INTU Intuit Inc. 0.05% 353 $278K New
QCOM Qualcomm Inc. 0.05% 1,700 $271K No change
LOW Lowe's Cos Inc. 0.05% 1,198 $266K Add +26.4%
MPC Marathon Petroleum Corp. 0.05% 1,575 $262K Reduce -5.5%
CSCO Cisco Systems Inc. 0.05% 3,725 $258K No change
ADI Analog Devices Inc. 0.04% 1,052 $250K Reduce -12.0%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.04% 3,300 $242K Add +10.0%
FGDL Franklin Resp Sourced Gold 0.04% 5,236 $230K New
XOM Exxon Mobil Corp. 0.04% 2,075 $224K No change
ITOT iShares Core S&P Total U.S. 0.04% 1,600 $216K New
IEX Idex Corp. 0.04% 1,200 $211K No change
SPSM SS SPDR P S&P 600 Small Cap 0.04% 4,861 $207K New

Portfolio Sells Q1 2025 → Q2 2025
DHR Danaher Corp. Reduce -8.8% 6.56% −1.55
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.2% 6.10% −1.33
AAPL Apple Inc. Reduce -1.5% 6.28% −1.22
LLY Eli Lilly & Co. Reduce -3.7% 3.13% −0.61
BRK.A Berkshire Hathaway Inc. Class A Reduce -5.6% 2.19% −0.57
TMO Thermo Fisher Scientific Inc. Reduce -2.0% 0.59% −0.21
UNH Unitedhealth Group Inc. Sold out 0.00% −0.21
COST Costco Wholesale Corp. Reduce -16.5% 2.79% −0.15
HD Home Depot Inc. Reduce -2.8% 1.01% −0.12
AMGN Amgen Inc. Reduce -14.8% 0.24% −0.10
ACGL Arch Capital Group Ltd. Reduce -1.5% 0.54% −0.09
VHT Vanguard Health Care ETF Sold out 0.00% −0.08
VLTO Veralto Corp. Reduce -3.5% 0.85% −0.07
CRM Salesforce Inc. Reduce -5.2% 0.56% −0.07
AON Aon PLC Class A Reduce -10.4% 0.19% −0.07
JNJ Johnson & Johnson Reduce -4.8% 0.21% −0.05
ADBE Adobe Inc. Sold out 0.00% −0.05
CBOE Cboe Global Markets Inc. Reduce -7.3% 0.26% −0.04
EW Edwards Lifesciences Corp. Reduce -16.4% 0.18% −0.04
MDY State Street SPDR S&P Midcap Reduce -9.1% 0.20% −0.02
VIG Vanguard Dividend Apprec ETF Reduce -19.0% 0.08% −0.02
BAC Bank of America Corp. Reduce -21.2% 0.06% −0.01
FIW First Trust Water ETF Reduce -0.2% 0.43% −0.01
ILMN Illumina Inc. Reduce -16.0% 0.08% −0.01
ISRG Intuitive Surgical Inc. Reduce -1.5% 1.00% −0.00
ADI Analog Devices Inc. Reduce -12.0% 0.04% −0.00
MPC Marathon Petroleum Corp. Reduce -5.5% 0.05% −0.00
VOO Vanguard S&P 500 ETF Reduce -0.3% 0.87% +0.01
TSLA Tesla Inc. Reduce -0.9% 0.14% +0.01
NOW ServiceNow Inc. Reduce -4.6% 0.25% +0.03
SHOP Shopify Inc. Class A Reduce -3.3% 0.86% +0.06
GOOG Alphabet Inc. Class C Reduce -1.7% 4.09% +0.11
ORCL Oracle Corp. Reduce -1.5% 0.39% +0.12
AMZN Amazon.com Inc. Reduce -1.3% 5.16% +0.24
CRWD CrowdStrike Holdings Inc. Class A Reduce -3.3% 1.67% +0.37
NFLX Netflix Inc. Reduce -4.0% 2.84% +0.60
MSFT Microsoft Corp. Reduce -2.1% 5.07% +0.83
NVDA Nvidia Corp. Reduce -1.4% 10.06% +2.45

Portfolio Buys Q1 2025 → Q2 2025
QQQM Invesco Nasdaq 100 ETF Add +0.8% 5.92% +0.50
META Meta Platforms Inc. Class A Add +0.9% 1.46% +0.23
PLTR Palantir Technologies Inc. Class A Add +2.9% 0.43% +0.15
VEEV Veeva Systems Inc. Class A Add +2.7% 0.81% +0.12
AXON Axon Enterprise Inc. Add +3.1% 0.35% +0.12
SPY SS SPDR S&P 500 ETF Trust-US Add +0.1% 5.03% +0.09
TSM Taiwan Semiconductor-SP ADR Add +1.8% 0.39% +0.09
QQQ Invesco QQQ Trust Series 1 Add +0.0% 1.00% +0.08
MRVL Marvell Technology Inc. Add +0.1% 0.52% +0.07
GE General Electric Add +14.1% 0.22% +0.06
PANW Palo Alto Networks Inc. Add +2.3% 0.47% +0.05
VRT Vertiv Holdings Co. Class A Add +1.2% 0.14% +0.05
INTU Intuit Inc. New 0.05% +0.05
JPM JPMorgan Chase & Co. Add +10.6% 0.27% +0.05
FGDL Franklin Resp Sourced Gold New 0.04% +0.04
ITOT iShares Core S&P Total U.S. New 0.04% +0.04
SPSM SS SPDR P S&P 600 Small Cap New 0.04% +0.04
RTX RTX Corp. Add +2.6% 0.93% +0.04
CMG Chipotle Mexican Grill Inc. Add +2.4% 0.63% +0.03
BX Blackstone Inc. Add +24.7% 0.14% +0.03
MET Metlife Inc. Add +70.0% 0.07% +0.02
TTD Trade Desk Inc./the Class A Add +6.1% 0.10% +0.02
FLUT Flutter Entertainment PLC-Di Add +5.7% 0.10% +0.02
NOBL Proshares S&P 500 Dividend A Add +14.9% 0.43% +0.02
GILD Gilead Sciences Inc. Add +39.7% 0.07% +0.01
KO The Coca-Cola Co. Add +40.3% 0.07% +0.01
KMB Kimberly-Clark Corp. Add +55.6% 0.05% +0.01
CL Colgate-Palmolive Co. Add +37.7% 0.06% +0.01
WMT Walmart Inc. Add +1.2% 0.30% +0.01
IVV iShares Core S&P 500 ETF Add +0.3% 0.25% +0.00
MRK Merck & Co. Inc. Add +32.4% 0.07% +0.00
LOW Lowe's Cos Inc. Add +26.4% 0.05% +0.00
WM Waste Management Inc. Add +12.8% 0.15% +0.00
XLU St Sr Utl SL SE SPDR ETF-Usd Add +13.3% 0.05% +0.00
BMY Bristol-Myers Squibb Co. Add +49.9% 0.05% +0.00
OEF iShares S&P 100 ETF Add +0.2% 0.06% +0.00
WRB WR Berkley Corp. Add +10.0% 0.04% +0.00
IWR iShares Russell Mid-Cap ETF Add +0.2% 0.08% −0.00
TJX TJX Companies Inc. Add +6.2% 0.06% −0.00
SHW The Sherwin-Williams Co. Add +5.6% 0.08% −0.00
FNF Fidelity National Financial Add +21.8% 0.11% −0.00
DVY iShares Select Dividend ETF Add +0.6% 0.10% −0.01
VYM Vanguard High DVD Yield ETF Add +4.4% 2.29% −0.01
EQIX Equinix Inc. Add +7.4% 0.46% −0.02
MA Mastercard Inc. Class A Add +1.3% 0.47% −0.02
FG F&G Annuities & Life Inc. Add +5.1% 0.20% −0.03
V Visa Inc. Class A Add +1.0% 0.58% −0.04
AJG Arthur J Gallagher & Co. Add +4.2% 0.73% −0.09
PGR Progressive Corp. Add +0.3% 1.62% −0.24

Notes & Other Activity Q1 2025 → Q2 2025
BROOKFIELD PROPERTY PART (BPY 6.5 PERP A-1) PREFERRED Sold out 27,900 $380Kbefore exit

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