Arthur M. Cohen & Associates, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Arthur M. Cohen & Associates, LLC reported 129 stock positions worth $612.5 million. Its top holding was Nvidia (NVDA) at 10.7% of the portfolio, followed by Apple (AAPL, 7.5%) and Alphabet Class C (GOOG, 6.6%). Compared with Q3 2025, it opened 10 new positions, sold out of 8, added to 44 and reduced 33. The biggest buy was Amazon.com (AMZN, shares +1%) and the biggest sale Microsoft (MSFT, shares −1%).

Most Recent 13F
Q2 2026
Location
NORTHBROOK, IL
CIK
0001692252
Portfolio Value
$612.5M (Q4 2025)
SEC Filing
0001692252-26-000001 ↗ filed Feb 17, 2026

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 Q3 2025 Q4 2025: $612.5M $612.5M Q4 2025 Q1 2026: $562.6M Q1 2026 Q2 2026: $640.0M Q2 2026

Holdings 129 stocks · $612.5M
NVDA Nvidia Corp. 10.69% 351,025 $65.5M Add +0.3%
AAPL Apple Inc. 7.48% 168,414 $45.8M Reduce -1.2%
GOOG Alphabet Inc. Class C 6.57% 128,180 $40.2M Reduce -1.6%
QQQM Invesco Nasdaq 100 ETF 6.16% 149,171 $37.7M Reduce -0.1%
BRK.B Berkshire Hathaway Inc. Class B 5.82% 70,956 $35.7M Add +2.2%
DHR Danaher Corp. 5.71% 152,666 $35.0M Reduce -4.0%
SPY SS SPDR S&P 500 ETF Trust-US 5.13% 46,064 $31.4M Add +3.8%
AMZN Amazon.com Inc. 4.98% 132,224 $30.5M Add +1.3%
MSFT Microsoft Corp. 4.48% 56,698 $27.4M Reduce -1.1%
LLY Eli Lilly & Co. 3.95% 22,487 $24.2M Reduce -1.6%
COST Costco Wholesale Corp. 2.29% 16,277 $14.0M Add +2.3%
VYM Vanguard High DVD Yield ETF 2.28% 97,090 $13.9M Reduce -1.3%
BRK.A Berkshire Hathaway Inc. Class A 1.97% 16 $12.1M No change
BLK BlackRock Inc. 1.93% 11,043 $11.8M Reduce -0.5%
NFLX Netflix Inc. 1.85% 121,068 $11.4M Add +0.1%
CRWD CrowdStrike Holdings Inc. Class A 1.46% 19,015 $8.9M Add +1.4%
PGR Progressive Corp. 1.22% 32,815 $7.5M Reduce -3.4%
META Meta Platforms Inc. Class A 1.21% 11,222 $7.4M Reduce -0.3%
SHOP Shopify Inc. Class A 1.16% 44,176 $7.1M Add +1.8%
RTX RTX Corp. 1.12% 37,275 $6.8M Add +3.8%
QQQ Invesco QQQ Trust Series 1 1.03% 10,299 $6.3M Add +0.0%
ISRG Intuitive Surgical Inc. 0.96% 10,345 $5.9M Reduce -0.9%
VOO Vanguard S&P 500 ETF 0.89% 8,707 $5.5M Add +0.1%
HD Home Depot Inc. 0.80% 14,180 $4.9M Reduce -4.3%
VLTO Veralto Corp. 0.74% 45,394 $4.5M Reduce -3.1%
TMO Thermo Fisher Scientific Inc. 0.69% 7,260 $4.2M Add +0.9%
PLTR Palantir Technologies Inc. Class A 0.59% 20,208 $3.6M Add +5.9%
VEEV Veeva Systems Inc. Class A 0.58% 16,001 $3.6M No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.58% 13,694 $3.5M Add +2.2%
TSM Taiwan Semiconductor-SP ADR 0.53% 10,675 $3.2M Add +5.4%
ACGL Arch Capital Group Ltd. 0.53% 33,673 $3.2M Reduce -0.2%
V Visa Inc. Class A 0.52% 9,048 $3.2M Reduce -0.6%
GOOGL Alphabet Inc. Class A 0.51% 9,936 $3.1M No change
MRVL Marvell Technology Inc. 0.46% 33,293 $2.8M Reduce -1.2%
PANW Palo Alto Networks Inc. 0.45% 15,039 $2.8M Add +14.4%
MA Mastercard Inc. Class A 0.44% 4,752 $2.7M No change
NOBL Proshares S&P 500 Dividend A 0.44% 25,966 $2.7M Add +0.2%
FIW First Trust Water ETF 0.40% 22,513 $2.4M Reduce -0.0%
GE General Electric filed as GE AEROSPACE 0.40% 7,871 $2.4M Add +53.3%
CRM Salesforce Inc. 0.39% 9,067 $2.4M Reduce -15.4%
WMT Walmart Inc. 0.38% 21,135 $2.4M Add +12.3%
ETN Eaton Corp. PLC 0.37% 7,047 $2.2M Add +13.1%
EQIX Equinix Inc. 0.35% 2,790 $2.1M Reduce -7.3%
ORCL Oracle Corp. 0.34% 10,610 $2.1M Reduce -0.6%
AVGO Broadcom Inc. 0.29% 5,111 $1.8M Add +6.9%
JNJ Johnson & Johnson 0.28% 8,275 $1.7M Add +8.9%
ABBV Abbvie Inc. 0.28% 7,470 $1.7M Reduce -1.2%
ASML ASML Holding NV-NY Reg SHS 0.28% 1,587 $1.7M Add +102.2%
JPM JPMorgan Chase & Co. 0.27% 5,209 $1.7M Add +0.3%
SCHG Schwab US Large-Cap Growth 0.27% 50,648 $1.7M No change
MCD McDonald's Corp. 0.27% 5,349 $1.6M Reduce -12.1%
RBLX Roblox Corp. Class A 0.27% 20,049 $1.6M Add +0.3%
AXON Axon Enterprise Inc. 0.26% 2,846 $1.6M Reduce -2.7%
CBOE Cboe Global Markets Inc. 0.26% 6,300 $1.6M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.26% 5,335 $1.6M Add +60.2%
IVV iShares Core S&P 500 ETF 0.26% 2,293 $1.6M Add +0.3%
AMGN Amgen Inc. 0.22% 4,206 $1.4M Reduce -3.8%
OTIS Otis Worldwide Corp. 0.20% 14,000 $1.2M No change
MDY State Street SPDR S&P Midcap 0.20% 1,991 $1.2M Add +63.2%
TSLA Tesla Inc. 0.18% 2,484 $1.1M No change
SPTM SS SPDR P S&P 1500 Comp ETF 0.18% 13,404 $1.1M No change
VRT Vertiv Holdings Co. Class A 0.18% 6,655 $1.1M Add +11.4%
AON Aon PLC Class A 0.17% 3,020 $1.1M No change
FG F&G Annuities & Life Inc. 0.17% 32,945 $1.0M Reduce -3.7%
EW Edwards Lifesciences Corp. 0.16% 11,783 $1.0M Add +3.2%
CARR Carrier Global Corp. 0.16% 19,000 $1.0M No change
SPHQ Invesco S&P 500 Quality ETF 0.16% 13,090 $982K No change
GEV GE Vernova Inc. 0.16% 1,464 $957K Add +21.6%
BX Blackstone Inc. 0.14% 5,759 $888K Add +11.6%
WM Waste Management Inc. 0.13% 3,695 $812K No change
MMM 3M Co. 0.13% 5,000 $801K No change
NOW ServiceNow Inc. 0.11% 4,510 $691K Reduce -31.3%
FNF Fidelity National Financial 0.11% 11,867 $648K Add +8.2%
PG The Procter & Gamble Co. 0.10% 4,480 $642K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.10% 1,254 $612K Add +3.0%
AMP Ameriprise Financial Inc. 0.09% 1,164 $571K Reduce -3.3%
DVY iShares Select Dividend ETF 0.09% 4,004 $565K Reduce -6.2%
VTI VG Morningstar TS MKT ETF-US 0.09% 1,636 $548K Add +0.6%
VTV Vanguard Mrngstr Val ETF-Aui 0.08% 2,704 $516K No change
LMT Lockheed Martin Corp. 0.08% 1,053 $509K Reduce -5.4%
VIG Vanguard Dividend Apprec ETF 0.08% 2,234 $491K No change
VGT Vanguard Info Tech ETF 0.08% 647 $488K No change
IWR iShares Russell Mid-Cap ETF 0.08% 5,045 $486K Add +0.2%
NGS Natural Gas Services Group 0.08% 14,390 $484K Add +84.5%
OSPN Onespan Inc. 0.07% 33,690 $433K No change
SHW The Sherwin-Williams Co. 0.07% 1,323 $429K Add +9.3%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.07% 1,452 $421K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.07% 2,734 $420K No change
IWM iShares Russell 2000 ETF 0.07% 1,694 $417K No change
SPGI S&P Global Inc. 0.07% 787 $411K No change
SDY SS SPDR S&P Dividend ETF 0.07% 2,870 $399K Add +24.8%
MET Metlife Inc. 0.06% 4,989 $394K Add +6.4%
VCR Vanguard Consumer Discre ETF 0.06% 977 $385K No change
MSI Motorola Solutions Inc. 0.06% 977 $375K No change
MLM Martin Marietta Materials 0.06% 600 $374K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.06% 6,747 $373K New
GILD Gilead Sciences Inc. 0.06% 3,030 $372K Add +20.7%
OEF iShares S&P 100 ETF 0.06% 1,062 $364K Add +0.2%
VRTX Vertex Pharmaceuticals Inc. 0.06% 790 $358K Reduce -11.2%
SBUX Starbucks Corp. 0.06% 4,075 $343K Reduce -25.6%
ZBRA Zebra Technologies Corp. Class A 0.05% 1,360 $330K No change
ADI Analog Devices Inc. 0.05% 1,202 $326K Add +14.3%
CGGR Cap Group Growth Equity 0.05% 7,258 $323K No change
DGRO iShares Core Dividend Growth 0.05% 4,500 $312K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.05% 6,976 $298K No change
LOW Lowe's Cos Inc. 0.05% 1,198 $289K No change
CSCO Cisco Systems Inc. 0.05% 3,725 $287K No change
QCOM Qualcomm Inc. 0.05% 1,670 $286K Reduce -5.7%
XAR SS SPDR S&P Aerospace Def 0.05% 1,144 $276K New
KO The Coca-Cola Co. 0.04% 3,925 $274K No change
CASY Casey's General Stores Inc. 0.04% 495 $274K New
ADP Automatic Data Processing 0.04% 1,060 $273K No change
AMAT Applied Materials Inc. 0.04% 990 $254K New
XOM Exxon Mobil Corp. 0.04% 2,075 $250K No change
MPC Marathon Petroleum Corp. 0.04% 1,500 $244K No change
ITOT iShares Core S&P Total U.S. 0.04% 1,600 $238K No change
NVT Nvent Electric PLC 0.04% 2,300 $235K New
INTU Intuit Inc. 0.04% 353 $234K No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.04% 3,300 $231K No change
SPSM SS SPDR P S&P 600 Small Cap 0.04% 4,904 $230K Add +0.5%
EPD Enterprise Products Partners 0.04% 7,000 $225K New
BN Brookfield Corp. 0.03% 4,644 $214K No change
IEX Idex Corp. 0.03% 1,200 $214K New
GEHC GE Healthcare Technology 0.03% 2,600 $213K New
CL Colgate-Palmolive Co. 0.03% 2,650 $209K Reduce -27.4%
HRI Herc Holdings Inc. filed as HERC HLDGS INC 0.03% 1,400 $208K New
VB Vanguard Most SM-Cap ETF-Usd 0.03% 800 $206K No change
EA Electronic Arts Inc. 0.03% 1,000 $204K No change
AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO 0.03% 3,110 $204K New

Portfolio Sells Q3 2025 → Q4 2025
MSFT Microsoft Corp. Reduce -1.1% 4.48% −0.52
CMG Chipotle Mexican Grill Inc. Sold out 0.00% −0.36
BLK BlackRock Inc. Reduce -0.5% 1.93% −0.25
HD Home Depot Inc. Reduce -4.3% 0.80% −0.21
PGR Progressive Corp. Reduce -3.4% 1.22% −0.19
META Meta Platforms Inc. Class A Reduce -0.3% 1.21% −0.18
ORCL Oracle Corp. Reduce -0.6% 0.34% −0.17
VLTO Veralto Corp. Reduce -3.1% 0.74% −0.10
FLUT Flutter Entertainment PLC-Di Sold out 0.00% −0.09
NOW ServiceNow Inc. Reduce -31.3% 0.11% −0.09
AXON Axon Enterprise Inc. Reduce -2.7% 0.26% −0.09
ILMN Illumina Inc. Sold out 0.00% −0.08
DKNG Draftkings Inc. Class A Sold out 0.00% −0.06
VYM Vanguard High DVD Yield ETF Reduce -1.3% 2.28% −0.06
KMB Kimberly-Clark Corp. Sold out 0.00% −0.05
EQIX Equinix Inc. Reduce -7.3% 0.35% −0.05
FGDL Franklin Resp Sourced Gold Sold out 0.00% −0.05
QQQM Invesco Nasdaq 100 ETF Reduce -0.1% 6.16% −0.05
TTD Trade Desk Inc./the Class A Sold out 0.00% −0.04
MCD McDonald's Corp. Reduce -12.1% 0.27% −0.04
VMC Vulcan Materials Co. Sold out 0.00% −0.04
CRM Salesforce Inc. Reduce -15.4% 0.39% −0.03
FIW First Trust Water ETF Reduce -0.0% 0.40% −0.03
SBUX Starbucks Corp. Reduce -25.6% 0.06% −0.02
ABBV Abbvie Inc. Reduce -1.2% 0.28% −0.02
CL Colgate-Palmolive Co. Reduce -27.4% 0.03% −0.01
MRVL Marvell Technology Inc. Reduce -1.2% 0.46% −0.01
FG F&G Annuities & Life Inc. Reduce -3.7% 0.17% −0.01
LMT Lockheed Martin Corp. Reduce -5.4% 0.08% −0.01
DVY iShares Select Dividend ETF Reduce -6.2% 0.09% −0.01
AMP Ameriprise Financial Inc. Reduce -3.3% 0.09% −0.01
V Visa Inc. Class A Reduce -0.6% 0.52% −0.00
QCOM Qualcomm Inc. Reduce -5.7% 0.05% −0.00
VRTX Vertex Pharmaceuticals Inc. Reduce -11.2% 0.06% −0.00
ACGL Arch Capital Group Ltd. Reduce -0.2% 0.53% +0.01
AMGN Amgen Inc. Reduce -3.8% 0.22% +0.02
ISRG Intuitive Surgical Inc. Reduce -0.9% 0.96% +0.17
AAPL Apple Inc. Reduce -1.2% 7.48% +0.18
DHR Danaher Corp. Reduce -4.0% 5.71% +0.41
LLY Eli Lilly & Co. Reduce -1.6% 3.95% +1.01
GOOG Alphabet Inc. Class C Reduce -1.6% 6.57% +1.23

Portfolio Buys Q3 2025 → Q4 2025
AMZN Amazon.com Inc. Add +1.3% 4.98% +0.16
SPY SS SPDR S&P 500 ETF Trust-US Add +3.8% 5.13% +0.16
ASML ASML Holding NV-NY Reg SHS Add +102.2% 0.28% +0.15
GE General Electric Add +53.3% 0.40% +0.14
RTX RTX Corp. Add +3.8% 1.12% +0.11
TMO Thermo Fisher Scientific Inc. Add +0.9% 0.69% +0.10
IBM Intl Business Machines Corp. Add +60.2% 0.26% +0.10
SHOP Shopify Inc. Class A Add +1.8% 1.16% +0.08
MDY State Street SPDR S&P Midcap Add +63.2% 0.20% +0.07
BAC Bank of America Corp. New 0.06% +0.06
WMT Walmart Inc. Add +12.3% 0.38% +0.06
TSM Taiwan Semiconductor-SP ADR Add +5.4% 0.53% +0.05
XAR SS SPDR S&P Aerospace Def New 0.05% +0.05
CASY Casey's General Stores Inc. New 0.04% +0.04
JNJ Johnson & Johnson Add +8.9% 0.28% +0.04
NGS Natural Gas Services Group Add +84.5% 0.08% +0.04
AMAT Applied Materials Inc. New 0.04% +0.04
NVT Nvent Electric PLC New 0.04% +0.04
EPD Enterprise Products Partners New 0.04% +0.04
IEX Idex Corp. New 0.03% +0.03
GEHC GE Healthcare Technology New 0.03% +0.03
HRI Herc Holdings Inc. New 0.03% +0.03
AKRE Akre Focus ETF New 0.03% +0.03
GEV GE Vernova Inc. Add +21.6% 0.16% +0.03
VRT Vertiv Holdings Co. Class A Add +11.4% 0.18% +0.02
AVGO Broadcom Inc. Add +6.9% 0.29% +0.02
EW Edwards Lifesciences Corp. Add +3.2% 0.16% +0.01
GILD Gilead Sciences Inc. Add +20.7% 0.06% +0.01
SDY SS SPDR S&P Dividend ETF Add +24.8% 0.07% +0.01
ADI Analog Devices Inc. Add +14.3% 0.05% +0.01
PANW Palo Alto Networks Inc. Add +14.4% 0.45% +0.00
VUG Vanguard Mrngstar GR ETF-Sui Add +3.0% 0.10% +0.00
PLTR Palantir Technologies Inc. Class A Add +5.9% 0.59% +0.00
OEF iShares S&P 100 ETF Add +0.2% 0.06% +0.00
VTI VG Morningstar TS MKT ETF-US Add +0.6% 0.09% −0.00
SHW The Sherwin-Williams Co. Add +9.3% 0.07% −0.00
SPSM SS SPDR P S&P 600 Small Cap Add +0.5% 0.04% −0.00
MET Metlife Inc. Add +6.4% 0.06% −0.00
IVV iShares Core S&P 500 ETF Add +0.3% 0.26% −0.00
JPM JPMorgan Chase & Co. Add +0.3% 0.27% −0.00
IWR iShares Russell Mid-Cap ETF Add +0.2% 0.08% −0.00
BX Blackstone Inc. Add +11.6% 0.14% −0.00
VOO Vanguard S&P 500 ETF Add +0.1% 0.89% −0.00
FNF Fidelity National Financial Add +8.2% 0.11% −0.01
QQQ Invesco QQQ Trust Series 1 Add +0.0% 1.03% −0.01
NOBL Proshares S&P 500 Dividend A Add +0.2% 0.44% −0.01
ETN Eaton Corp. PLC Add +13.1% 0.37% −0.03
BRK.B Berkshire Hathaway Inc. Class B Add +2.2% 5.82% −0.04
CRWD CrowdStrike Holdings Inc. Class A Add +1.4% 1.46% −0.09
AJG Arthur J Gallagher & Co. Add +2.2% 0.58% −0.12

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