Arthur M. Cohen & Associates, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 14, 2025), Arthur M. Cohen & Associates, LLC reported 127 stock positions worth $594.8 million. Its top holding was Nvidia (NVDA) at 11.0% of the portfolio, followed by Apple (AAPL, 7.3%) and Invesco Nasdaq 100 ETF (QQQM, 6.2%). Compared with Q2 2025, it opened 6 new positions, sold out of 4, added to 38 and reduced 38. The biggest buy was Invesco Nasdaq 100 ETF (QQQM, shares +1%) and the biggest sale Danaher (DHR, shares −15%).

Most Recent 13F
Q2 2026
Location
NORTHBROOK, IL
CIK
0001692252
Portfolio Value
$594.8M (Q3 2025)
SEC Filing
0001085146-25-005925 ↗ filed Oct 14, 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 Q2 2025 Q3 2025: $594.8M $594.8M Q3 2025 Q4 2025: $612.5M Q4 2025 Q1 2026: $562.6M Q1 2026 Q2 2026: $640.0M Q2 2026

Holdings 127 stocks · $594.8M
NVDA Nvidia Corp. 10.98% 349,911 $65.3M Reduce -2.9%
AAPL Apple Inc. 7.30% 170,456 $43.4M Reduce -1.7%
QQQM Invesco Nasdaq 100 ETF 6.21% 149,354 $36.9M Add +1.3%
BRK.B Berkshire Hathaway Inc. Class B 5.87% 69,430 $34.9M Reduce -2.4%
GOOG Alphabet Inc. Class C 5.34% 130,323 $31.7M Reduce -0.3%
DHR Danaher Corp. 5.30% 159,002 $31.5M Reduce -15.5%
MSFT Microsoft Corp. 4.99% 57,331 $29.7M Reduce -0.7%
SPY SS SPDR S&P 500 ETF Trust-US 4.97% 44,373 $29.6M Reduce -3.8%
AMZN Amazon.com Inc. 4.82% 130,565 $28.7M Reduce -2.0%
LLY Eli Lilly & Co. 2.93% 22,846 $17.4M Add +0.5%
COST Costco Wholesale Corp. 2.48% 15,909 $14.7M Reduce -0.4%
NFLX Netflix Inc. 2.44% 12,094 $14.5M Add +0.7%
VYM Vanguard High DVD Yield ETF 2.33% 98,357 $13.9M Add +1.2%
BLK BlackRock Inc. 2.18% 11,098 $12.9M Reduce -0.3%
BRK.A Berkshire Hathaway Inc. Class A 2.03% 16 $12.1M Reduce -5.9%
CRWD CrowdStrike Holdings Inc. Class A 1.55% 18,751 $9.2M Add +0.7%
PGR Progressive Corp. 1.41% 33,969 $8.4M Reduce -0.9%
META Meta Platforms Inc. Class A 1.39% 11,259 $8.3M Add +0.8%
SHOP Shopify Inc. Class A 1.08% 43,406 $6.5M Add +2.5%
QQQ Invesco QQQ Trust Series 1 1.04% 10,297 $6.2M No change
RTX RTX Corp. 1.01% 35,915 $6.0M No change
HD Home Depot Inc. 1.01% 14,810 $6.0M Reduce -5.3%
VOO Vanguard S&P 500 ETF 0.90% 8,702 $5.3M Add +0.4%
VLTO Veralto Corp. 0.84% 46,856 $5.0M Reduce -1.4%
VEEV Veeva Systems Inc. Class A 0.80% 16,001 $4.8M No change
ISRG Intuitive Surgical Inc. 0.78% 10,439 $4.7M Add +0.5%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.70% 13,402 $4.2M Add +3.3%
TMO Thermo Fisher Scientific Inc. 0.59% 7,194 $3.5M Reduce -13.2%
PLTR Palantir Technologies Inc. Class A 0.59% 19,078 $3.5M Add +6.4%
V Visa Inc. Class A 0.52% 9,098 $3.1M Reduce -2.1%
ACGL Arch Capital Group Ltd. 0.51% 33,728 $3.1M Add +1.4%
ORCL Oracle Corp. 0.50% 10,670 $3.0M Add +5.1%
MRVL Marvell Technology Inc. 0.48% 33,693 $2.8M Reduce -11.2%
TSM Taiwan Semiconductor-SP ADR 0.48% 10,129 $2.8M Add +3.3%
RBLX Roblox Corp. Class A 0.47% 20,000 $2.8M Reduce -0.3%
MA Mastercard Inc. Class A 0.45% 4,752 $2.7M Add +0.7%
PANW Palo Alto Networks Inc. 0.45% 13,142 $2.7M Add +1.6%
NOBL Proshares S&P 500 Dividend A 0.45% 25,911 $2.7M Add +8.0%
CRM Salesforce Inc. 0.43% 10,720 $2.5M Reduce -8.1%
FIW First Trust Water ETF 0.43% 22,521 $2.5M Add +1.0%
GOOGL Alphabet Inc. Class A 0.41% 9,936 $2.4M No change
EQIX Equinix Inc. 0.40% 3,008 $2.4M Reduce -8.6%
ETN Eaton Corp. PLC 0.39% 6,229 $2.3M Add +0.7%
CMG Chipotle Mexican Grill Inc. 0.36% 54,135 $2.1M Reduce -14.2%
AXON Axon Enterprise Inc. 0.35% 2,924 $2.1M Add +23.0%
WMT Walmart Inc. 0.33% 18,815 $1.9M Add +7.5%
MCD McDonald's Corp. 0.31% 6,082 $1.8M No change
ABBV Abbvie Inc. 0.29% 7,560 $1.8M Add +0.3%
JPM JPMorgan Chase & Co. 0.28% 5,195 $1.6M Reduce -0.6%
SCHG Schwab US Large-Cap Growth 0.27% 50,648 $1.6M No change
AVGO Broadcom Inc. 0.27% 4,781 $1.6M Add +0.6%
CBOE Cboe Global Markets Inc. 0.26% 6,300 $1.5M No change
GE General Electric filed as GE AEROSPACE 0.26% 5,136 $1.5M Add +7.5%
IVV iShares Core S&P 500 ETF 0.26% 2,287 $1.5M Add +0.2%
JNJ Johnson & Johnson 0.24% 7,600 $1.4M Reduce -1.6%
OTIS Otis Worldwide Corp. 0.22% 14,000 $1.3M No change
AMGN Amgen Inc. 0.21% 4,371 $1.2M Reduce -10.9%
NOW ServiceNow Inc. 0.20% 1,312 $1.2M Reduce -3.1%
CARR Carrier Global Corp. 0.19% 19,000 $1.1M No change
TSLA Tesla Inc. 0.19% 2,484 $1.1M Add +2.5%
SPTM SS SPDR P S&P 1500 Comp ETF 0.18% 13,404 $1.1M Add +4.5%
AON Aon PLC Class A 0.18% 3,020 $1.1M No change
FG F&G Annuities & Life Inc. 0.18% 34,225 $1.1M Reduce -2.8%
SPHQ Invesco S&P 500 Quality ETF 0.16% 13,090 $959K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.16% 3,331 $940K New
VRT Vertiv Holdings Co. Class A 0.15% 5,975 $901K No change
EW Edwards Lifesciences Corp. 0.15% 11,418 $888K Reduce -10.0%
BX Blackstone Inc. 0.15% 5,159 $881K Reduce -2.1%
WM Waste Management Inc. 0.14% 3,695 $816K No change
MMM 3M Co. 0.13% 5,000 $776K No change
ASML ASML Holding NV-NY Reg SHS 0.13% 785 $760K No change
GEV GE Vernova Inc. 0.12% 1,204 $740K Add +9.1%
MDY State Street SPDR S&P Midcap 0.12% 1,220 $727K Reduce -38.6%
PG The Procter & Gamble Co. 0.12% 4,480 $688K Reduce -5.1%
FNF Fidelity National Financial 0.11% 10,967 $663K No change
DVY iShares Select Dividend ETF 0.10% 4,269 $607K Add +0.5%
AMP Ameriprise Financial Inc. 0.10% 1,204 $591K Add +1.7%
VUG Vanguard Mrngstar GR ETF-Sui 0.10% 1,218 $584K No change
LMT Lockheed Martin Corp. 0.09% 1,113 $556K No change
FLUT Flutter Entertainment PLC-Di 0.09% 2,120 $538K Add +8.7%
OSPN Onespan Inc. 0.09% 33,690 $535K Reduce -58.4%
VTI VG Morningstar TS MKT ETF-US 0.09% 1,627 $534K Add +0.3%
VTV Vanguard Mrngstr Val ETF-Aui 0.08% 2,704 $504K No change
IWR iShares Russell Mid-Cap ETF 0.08% 5,034 $486K Add +0.2%
VGT Vanguard Info Tech ETF 0.08% 647 $483K No change
VIG Vanguard Dividend Apprec ETF 0.08% 2,234 $482K No change
ILMN Illumina Inc. 0.08% 4,988 $474K Reduce -0.2%
SBUX Starbucks Corp. 0.08% 5,475 $463K No change
MSI Motorola Solutions Inc. 0.08% 977 $447K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.07% 1,452 $426K No change
SHW The Sherwin-Williams Co. 0.07% 1,210 $419K Reduce -8.5%
IWM iShares Russell 2000 ETF 0.07% 1,694 $410K No change
ZBRA Zebra Technologies Corp. Class A 0.07% 1,360 $404K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.07% 2,734 $395K No change
VCR Vanguard Consumer Discre ETF 0.07% 977 $387K Add +0.1%
MET Metlife Inc. 0.06% 4,689 $386K No change
SPGI S&P Global Inc. 0.06% 787 $383K No change
MLM Martin Marietta Materials 0.06% 600 $378K No change
DKNG Draftkings Inc. Class A 0.06% 9,840 $368K Reduce -16.2%
OEF iShares S&P 100 ETF 0.06% 1,060 $353K Add +0.1%
VRTX Vertex Pharmaceuticals Inc. 0.06% 890 $349K No change
SDY SS SPDR S&P Dividend ETF 0.05% 2,300 $322K No change
CGGR Cap Group Growth Equity 0.05% 7,258 $319K No change
KMB Kimberly-Clark Corp. 0.05% 2,560 $318K Add +14.3%
ADP Automatic Data Processing 0.05% 1,060 $311K No change
DGRO iShares Core Dividend Growth 0.05% 4,500 $306K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.05% 3,488 $304K No change
LOW Lowe's Cos Inc. 0.05% 1,198 $301K No change
QCOM Qualcomm Inc. 0.05% 1,770 $294K Add +4.1%
CL Colgate-Palmolive Co. 0.05% 3,650 $292K No change
MPC Marathon Petroleum Corp. 0.05% 1,500 $289K Reduce -4.8%
GILD Gilead Sciences Inc. 0.05% 2,510 $279K Reduce -28.7%
FGDL Franklin Resp Sourced Gold 0.05% 5,236 $270K No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.04% 5,388 $264K Reduce -32.6%
KO The Coca-Cola Co. 0.04% 3,925 $260K Reduce -24.9%
ADI Analog Devices Inc. 0.04% 1,052 $258K No change
CSCO Cisco Systems Inc. 0.04% 3,725 $255K No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.04% 3,300 $253K No change
INTU Intuit Inc. 0.04% 353 $241K No change
XOM Exxon Mobil Corp. 0.04% 2,075 $234K No change
ITOT iShares Core S&P Total U.S. 0.04% 1,600 $233K No change
SPSM SS SPDR P S&P 600 Small Cap 0.04% 4,880 $226K Add +0.4%
NGS Natural Gas Services Group 0.04% 7,800 $218K New
VMC Vulcan Materials Co. 0.04% 700 $215K New
BN Brookfield Corp. 0.04% 3,096 $213K New
VB Vanguard Most SM-Cap ETF-Usd 0.03% 800 $203K New
EA Electronic Arts Inc. 0.03% 1,000 $202K New

Portfolio Sells Q2 2025 → Q3 2025
DHR Danaher Corp. Reduce -15.5% 5.30% −1.26
AMZN Amazon.com Inc. Reduce -2.0% 4.82% −0.34
COST Costco Wholesale Corp. Reduce -0.4% 2.48% −0.32
CMG Chipotle Mexican Grill Inc. Reduce -14.2% 0.36% −0.27
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.4% 5.87% −0.23
PGR Progressive Corp. Reduce -0.9% 1.41% −0.21
BRK.A Berkshire Hathaway Inc. Class A Reduce -5.9% 2.03% −0.16
OSPN Onespan Inc. Reduce -58.4% 0.09% −0.15
CRM Salesforce Inc. Reduce -8.1% 0.43% −0.13
MSFT Microsoft Corp. Reduce -0.7% 4.99% −0.08
MDY State Street SPDR S&P Midcap Reduce -38.6% 0.12% −0.08
MRK Merck & Co. Inc. Sold out 0.00% −0.07
EQIX Equinix Inc. Reduce -8.6% 0.40% −0.07
SPY SS SPDR S&P 500 ETF Trust-US Reduce -3.8% 4.97% −0.06
V Visa Inc. Class A Reduce -2.1% 0.52% −0.06
TTD Trade Desk Inc./the Class A Reduce -32.6% 0.04% −0.06
BAC Bank of America Corp. Sold out 0.00% −0.06
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.05
NOW ServiceNow Inc. Reduce -3.1% 0.20% −0.04
MRVL Marvell Technology Inc. Reduce -11.2% 0.48% −0.04
IEX Idex Corp. Sold out 0.00% −0.04
AMGN Amgen Inc. Reduce -10.9% 0.21% −0.03
DKNG Draftkings Inc. Class A Reduce -16.2% 0.06% −0.03
EW Edwards Lifesciences Corp. Reduce -10.0% 0.15% −0.03
GILD Gilead Sciences Inc. Reduce -28.7% 0.05% −0.02
KO The Coca-Cola Co. Reduce -24.9% 0.04% −0.02
FG F&G Annuities & Life Inc. Reduce -2.8% 0.18% −0.02
PG The Procter & Gamble Co. Reduce -5.1% 0.12% −0.02
SHW The Sherwin-Williams Co. Reduce -8.5% 0.07% −0.01
VLTO Veralto Corp. Reduce -1.4% 0.84% −0.01
TMO Thermo Fisher Scientific Inc. Reduce -13.2% 0.59% −0.01
ILMN Illumina Inc. Reduce -0.2% 0.08% −0.00
HD Home Depot Inc. Reduce -5.3% 1.01% −0.00
MPC Marathon Petroleum Corp. Reduce -4.8% 0.05% +0.00
JPM JPMorgan Chase & Co. Reduce -0.6% 0.28% +0.01
BX Blackstone Inc. Reduce -2.1% 0.15% +0.01
JNJ Johnson & Johnson Reduce -1.6% 0.24% +0.03
RBLX Roblox Corp. Class A Reduce -0.3% 0.47% +0.09
BLK BlackRock Inc. Reduce -0.3% 2.18% +0.11
NVDA Nvidia Corp. Reduce -2.9% 10.98% +0.92
AAPL Apple Inc. Reduce -1.7% 7.30% +1.01
GOOG Alphabet Inc. Class C Reduce -0.3% 5.34% +1.24

Portfolio Buys Q2 2025 → Q3 2025
QQQM Invesco Nasdaq 100 ETF Add +1.3% 6.21% +0.29
SHOP Shopify Inc. Class A Add +2.5% 1.08% +0.22
IBM Intl Business Machines Corp. New 0.16% +0.16
PLTR Palantir Technologies Inc. Class A Add +6.4% 0.59% +0.15
ORCL Oracle Corp. Add +5.1% 0.50% +0.11
TSM Taiwan Semiconductor-SP ADR Add +3.3% 0.48% +0.08
TSLA Tesla Inc. Add +2.5% 0.19% +0.05
ABBV Abbvie Inc. Add +0.3% 0.29% +0.05
GE General Electric Add +7.5% 0.26% +0.04
VYM Vanguard High DVD Yield ETF Add +1.2% 2.33% +0.04
NGS Natural Gas Services Group New 0.04% +0.04
VMC Vulcan Materials Co. New 0.04% +0.04
BN Brookfield Corp. New 0.04% +0.04
VB Vanguard Most SM-Cap ETF-Usd New 0.03% +0.03
AVGO Broadcom Inc. Add +0.6% 0.27% +0.03
EA Electronic Arts Inc. New 0.03% +0.03
VOO Vanguard S&P 500 ETF Add +0.4% 0.90% +0.03
WMT Walmart Inc. Add +7.5% 0.33% +0.02
NOBL Proshares S&P 500 Dividend A Add +8.0% 0.45% +0.02
GEV GE Vernova Inc. Add +9.1% 0.12% +0.02
SPTM SS SPDR P S&P 1500 Comp ETF Add +4.5% 0.18% +0.01
IVV iShares Core S&P 500 ETF Add +0.2% 0.26% +0.01
AXON Axon Enterprise Inc. Add +23.0% 0.35% +0.01
VTI VG Morningstar TS MKT ETF-US Add +0.3% 0.09% +0.00
VCR Vanguard Consumer Discre ETF Add +0.1% 0.07% +0.00
KMB Kimberly-Clark Corp. Add +14.3% 0.05% +0.00
OEF iShares S&P 100 ETF Add +0.1% 0.06% +0.00
DVY iShares Select Dividend ETF Add +0.5% 0.10% +0.00
QCOM Qualcomm Inc. Add +4.1% 0.05% +0.00
ETN Eaton Corp. PLC Add +0.7% 0.39% +0.00
SPSM SS SPDR P S&P 600 Small Cap Add +0.4% 0.04% +0.00
IWR iShares Russell Mid-Cap ETF Add +0.2% 0.08% +0.00
FIW First Trust Water ETF Add +1.0% 0.43% 0.00
FLUT Flutter Entertainment PLC-Di Add +8.7% 0.09% −0.01
AMP Ameriprise Financial Inc. Add +1.7% 0.10% −0.01
MA Mastercard Inc. Class A Add +0.7% 0.45% −0.01
PANW Palo Alto Networks Inc. Add +1.6% 0.45% −0.02
ACGL Arch Capital Group Ltd. Add +1.4% 0.51% −0.02
AJG Arthur J Gallagher & Co. Add +3.3% 0.70% −0.04
META Meta Platforms Inc. Class A Add +0.8% 1.39% −0.07
CRWD CrowdStrike Holdings Inc. Class A Add +0.7% 1.55% −0.13
LLY Eli Lilly & Co. Add +0.5% 2.93% −0.20
ISRG Intuitive Surgical Inc. Add +0.5% 0.78% −0.21
NFLX Netflix Inc. Add +0.7% 2.44% −0.40

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