Ballentine Partners, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 3, 2025), Ballentine Partners, LLC reported 1,016 stock positions worth $7.2 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 27.7% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 7.9%) and iShares Core S&P Total U.S. (ITOT, 7.0%). Compared with Q2 2025, it opened 84 new positions, sold out of 54, added to 450 and reduced 405. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +2%) and the biggest sale iShares Core S&P Total U.S. (ITOT, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- Waltham, MA
- CIK
- 0001374889
- Portfolio Value
- $7.2B (Q3 2025)
- SEC Filing
- 0001172661-25-004541 ↗ filed Nov 3, 2025
Holdings Value
Holdings 1,016 stocks · $7.2B
| VTI VG Morningstar TS MKT ETF-US | 27.71% | 6,081,724 | $2.0B | Add +1.8% |
| IEFA iShares Core MSCI Eafe ETF | 7.89% | 6,504,442 | $567.9M | Add +2.2% |
| ITOT iShares Core S&P Total U.S. | 6.97% | 3,447,157 | $502.1M | Reduce -0.9% |
| VEA Vanguard Ftse Developed ETF | 4.21% | 5,055,936 | $303.0M | Add +6.0% |
| IEMG iShares Core MSCI Emerging | 3.83% | 4,186,255 | $276.0M | Add +0.7% |
| IVV iShares Core S&P 500 ETF | 3.39% | 365,266 | $244.5M | Reduce -0.8% |
| VWO Vanguard Ftse Emerging Marke | 2.14% | 2,849,679 | $154.4M | Add +4.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.11% | 228,100 | $152.0M | Reduce -0.1% |
| IGF iShares Global Infrastructur | 2.02% | 2,379,161 | $145.4M | Add +3.5% |
| VNQ Vanguard Real Estate ETF | 1.86% | 1,467,396 | $134.1M | Add +6.4% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 1.67% | 389,936 | $120.0M | Reduce -0.1% |
| MSFT Microsoft Corp. | 1.41% | 195,881 | $101.5M | Add +1.4% |
| AAPL Apple Inc. | 1.32% | 372,367 | $94.8M | Add +1.2% |
| NVDA Nvidia Corp. | 1.23% | 474,391 | $88.5M | Add +1.5% |
| SCHB Schwab US Broad Market ETF | 1.16% | 3,237,353 | $83.2M | Reduce -1.1% |
| IWB iShares Russell 1000 ETF | 1.08% | 212,626 | $77.7M | Reduce -1.3% |
| IJH iShares Core S&P Midcap ETF | 1.06% | 1,170,494 | $76.4M | Add +0.2% |
| VNQI Vanguard GLBL Ex-US Real Est | 0.99% | 1,499,316 | $71.6M | Add +4.2% |
| VOO Vanguard S&P 500 ETF | 0.91% | 107,560 | $65.9M | Reduce -0.6% |
| IWV iShares Russell 3000 ETF | 0.88% | 166,606 | $63.1M | Reduce -0.2% |
| META Meta Platforms Inc. Class A | 0.61% | 59,639 | $43.8M | Reduce -0.9% |
| AMZN Amazon.com Inc. | 0.59% | 192,105 | $42.2M | Add +2.1% |
| IJR iShares Core S&P Small-Cap E | 0.59% | 354,645 | $42.1M | Add +0.5% |
| VIG Vanguard Dividend Apprec ETF | 0.58% | 192,932 | $41.6M | Reduce -4.5% |
| VGK Vanguard Ftse Europe ETF | 0.57% | 511,255 | $40.8M | Reduce -3.8% |
| GOOGL Alphabet Inc. Class A | 0.55% | 161,857 | $39.3M | Add +3.2% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.53% | 886,966 | $38.0M | Add +0.2% |
| EFA iShares MSCI Eafe ETF | 0.52% | 398,050 | $37.2M | Reduce -0.0% |
| AVGO Broadcom Inc. | 0.45% | 97,505 | $32.2M | Reduce -0.6% |
| JPM JPMorgan Chase & Co. | 0.43% | 97,694 | $30.8M | Add +1.1% |
| SCZ iShares MSCI Eafe Small-Cap | 0.42% | 398,696 | $30.6M | Reduce -1.1% |
| VPL Vanguard Ftse Pacific ETF | 0.40% | 324,266 | $28.5M | Reduce -2.3% |
| GOOG Alphabet Inc. Class C | 0.38% | 113,004 | $27.5M | Add +0.1% |
| IWF iShares Russell 1000 Growth | 0.36% | 55,719 | $26.1M | Reduce -1.9% |
| JUST Goldman Sachs Just US LRG | 0.34% | 260,010 | $24.4M | Add +2.6% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.33% | 706,429 | $23.6M | Reduce -0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.32% | 46,266 | $23.3M | Reduce -0.3% |
| SPEM State Street SP PTF Em ETF | 0.32% | 485,903 | $22.7M | Reduce -0.1% |
| TSLA Tesla Inc. | 0.28% | 45,651 | $20.3M | Add +2.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.27% | 65,357 | $19.2M | Reduce -0.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.25% | 29,734 | $17.9M | Add +3.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.24% | 238,197 | $17.0M | Add +4.4% |
| XLRE SS Real Estate Select Sector | 0.23% | 393,529 | $16.6M | Add +0.2% |
| IEUR iShares Core MSCI Europe ETF | 0.22% | 235,472 | $16.0M | Reduce -0.5% |
| MU Micron Technology Inc. | 0.22% | 94,749 | $15.9M | Reduce -6.8% |
| GLD SPDR Gold Shares | 0.21% | 41,954 | $14.9M | Add +2.2% |
| LLY Eli Lilly & Co. | 0.20% | 18,916 | $14.4M | Add +7.6% |
| MA Mastercard Inc. Class A | 0.20% | 24,927 | $14.2M | Add +5.1% |
| V Visa Inc. Class A | 0.19% | 40,435 | $13.8M | Add +0.4% |
| VXF Vanguard Extended Market ETF | 0.18% | 61,214 | $12.8M | Reduce -0.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.16% | 46,536 | $11.8M | Reduce -0.5% |
| IAU iShares Gold Trust | 0.16% | 158,542 | $11.5M | Reduce -0.3% |
| HD Home Depot Inc. | 0.15% | 27,507 | $11.1M | Reduce -0.9% |
| RBLX Roblox Corp. Class A | 0.15% | 79,191 | $11.0M | Add +0.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.15% | 38,692 | $10.8M | Reduce -4.9% |
| JNJ Johnson & Johnson | 0.14% | 54,593 | $10.1M | Add +5.5% |
| EWJ iShares MSCI Japan ETF | 0.13% | 120,506 | $9.7M | No change |
| CTVA Corteva Inc. | 0.13% | 139,654 | $9.4M | Add +0.2% |
| ABBV Abbvie Inc. | 0.13% | 40,633 | $9.4M | Reduce -0.8% |
| MS Morgan Stanley | 0.13% | 58,833 | $9.4M | Add +1.0% |
| ORCL Oracle Corp. | 0.13% | 33,121 | $9.3M | Add +3.7% |
| COST Costco Wholesale Corp. | 0.13% | 9,932 | $9.2M | Reduce -1.1% |
| NFLX Netflix Inc. | 0.12% | 6,912 | $8.3M | Add +1.6% |
| WMT Walmart Inc. | 0.11% | 79,540 | $8.2M | Reduce -3.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.11% | 155,960 | $8.0M | Add +0.1% |
| PG The Procter & Gamble Co. | 0.11% | 51,479 | $7.9M | Reduce -7.6% |
| AXP American Express Co. | 0.11% | 23,128 | $7.7M | Add +4.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.11% | 40,992 | $7.6M | Reduce -1.6% |
| IWM iShares Russell 2000 ETF | 0.11% | 31,345 | $7.6M | Reduce -3.9% |
| ICF iShares Select U.S. REIT ETF | 0.10% | 120,475 | $7.4M | Add +0.1% |
| MCK McKesson Corp. | 0.10% | 9,429 | $7.3M | Reduce -22.3% |
| BND Vanguard Total Bond Market | 0.10% | 97,382 | $7.2M | Add +5.3% |
| GS Goldman Sachs Group Inc. | 0.10% | 9,063 | $7.2M | Add +1.1% |
| ABT Abbott Laboratories | 0.10% | 52,616 | $7.0M | Reduce -1.6% |
| LRCX Lam Research Corp. | 0.10% | 52,494 | $7.0M | Reduce -0.5% |
| EEM iShares MSCI Emerging Market | 0.09% | 122,686 | $6.6M | Reduce -0.5% |
| XOM Exxon Mobil Corp. | 0.09% | 57,392 | $6.5M | Reduce -2.5% |
| APP AppLovin Corp. Class A | 0.08% | 8,373 | $6.0M | Add +1.1% |
| ADP Automatic Data Processing | 0.08% | 20,309 | $6.0M | Reduce -6.5% |
| IWD iShares Russell 1000 Value E | 0.08% | 29,138 | $5.9M | Reduce -2.0% |
| GE General Electric filed as GE AEROSPACE | 0.08% | 19,484 | $5.9M | Reduce -6.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.08% | 20,709 | $5.8M | Add +0.4% |
| MCO Moody's Corp. | 0.08% | 12,068 | $5.8M | Add +1.8% |
| CSCO Cisco Systems Inc. | 0.08% | 83,375 | $5.7M | Add +1.1% |
| UNH Unitedhealth Group Inc. | 0.08% | 16,169 | $5.6M | Reduce -0.5% |
| MCD McDonald's Corp. | 0.08% | 18,300 | $5.6M | Reduce -3.1% |
| AMD Advanced Micro Devices | 0.08% | 34,059 | $5.5M | Add +5.2% |
| CRM Salesforce Inc. | 0.08% | 22,908 | $5.4M | Reduce -2.1% |
| CVX Chevron Corp. | 0.07% | 34,774 | $5.4M | Add +0.5% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.07% | 66,016 | $5.4M | Reduce -0.5% |
| ACWI iShares MSCI Acwi ETF | 0.07% | 37,838 | $5.2M | No change |
| AFRM Affirm Holdings Inc. | 0.07% | 71,476 | $5.2M | Reduce -6.0% |
| DD Dupont DE Nemours Inc. | 0.07% | 66,452 | $5.2M | Add +0.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.07% | 34,511 | $5.0M | Add +3.5% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.07% | 76,071 | $4.9M | No change |
| HON Honeywell International Inc. | 0.07% | 23,262 | $4.9M | Reduce -4.1% |
| RTX RTX Corp. | 0.07% | 28,977 | $4.8M | Reduce -0.1% |
| JSTC Adasina Social Justice GLB | 0.07% | 233,643 | $4.7M | No change |
| ASML ASML Holding NV-NY Reg SHS | 0.06% | 4,726 | $4.6M | Add +3.0% |
| PLTR Palantir Technologies Inc. Class A | 0.06% | 24,997 | $4.6M | Add +1.6% |
Portfolio Sells Q2 2025 → Q3 2025
| ITOT iShares Core S&P Total U.S. | Reduce -0.9% | 6.97% | −0.11 |
| META Meta Platforms Inc. Class A | Reduce -0.9% | 0.61% | −0.06 |
| VGK Vanguard Ftse Europe ETF | Reduce -3.8% | 0.57% | −0.05 |
| IVV iShares Core S&P 500 ETF | Reduce -0.8% | 3.39% | −0.05 |
| VIG Vanguard Dividend Apprec ETF | Reduce -4.5% | 0.58% | −0.04 |
| VGIT Vanguard Intermediate-Term T | Sold out | 0.00% | −0.04 |
| GDIV Harbor Dividend Growth Leade | Reduce -46.8% | 0.04% | −0.04 |
| MCK McKesson Corp. | Reduce -22.3% | 0.10% | −0.03 |
| KO The Coca-Cola Co. | Reduce -25.5% | 0.06% | −0.03 |
| ACN Accenture PLC Class A | Reduce -15.3% | 0.05% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -7.6% | 0.11% | −0.02 |
| IWB iShares Russell 1000 ETF | Reduce -1.3% | 1.08% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -1.1% | 0.13% | −0.02 |
| XBI SS SPDR S&P Biotech ETF | Sold out | 0.00% | −0.02 |
| CRM Salesforce Inc. | Reduce -2.1% | 0.08% | −0.02 |
| EFA iShares MSCI Eafe ETF | Reduce -0.0% | 0.52% | −0.02 |
| SCHB Schwab US Broad Market ETF | Reduce -1.1% | 1.16% | −0.02 |
| ADP Automatic Data Processing | Reduce -6.5% | 0.08% | −0.02 |
| HON Honeywell International Inc. | Reduce -4.1% | 0.07% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.3% | 0.32% | −0.02 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -1.1% | 0.42% | −0.02 |
| AMT American Tower Corp. | Reduce -32.6% | 0.02% | −0.02 |
| VPL Vanguard Ftse Pacific ETF | Reduce -2.3% | 0.40% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.1% | 2.11% | −0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -19.2% | 0.02% | −0.01 |
| MOH Molina Healthcare Inc. | Sold out | 0.00% | −0.01 |
| UNP Union Pacific Corp. | Reduce -21.7% | 0.04% | −0.01 |
| IEUR iShares Core MSCI Europe ETF | Reduce -0.5% | 0.22% | −0.01 |
| VRSK Verisk Analytics Inc. | Reduce -11.4% | 0.03% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -1.2% | 0.05% | −0.01 |
| INTU Intuit Inc. | Reduce -0.4% | 0.05% | −0.01 |
| FISV Fiserv Inc. | Reduce -19.2% | 0.02% | −0.01 |
| ISRG Intuitive Surgical Inc. | Reduce -7.4% | 0.03% | −0.01 |
| ABT Abbott Laboratories | Reduce -1.6% | 0.10% | −0.01 |
| ADBE Adobe Inc. | Reduce -12.7% | 0.03% | −0.01 |
| AMED Amedisys Inc. | Sold out | 0.00% | −0.01 |
| VOO Vanguard S&P 500 ETF | Reduce -0.6% | 0.91% | −0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -0.1% | 1.67% | −0.01 |
| AMGN Amgen Inc. | Reduce -17.1% | 0.04% | −0.01 |
| AMCR Amcor PLC | Reduce -0.1% | 0.05% | −0.01 |
| NOW ServiceNow Inc. | Reduce -2.1% | 0.04% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -23.1% | 0.02% | −0.01 |
| PM Philip Morris International | Reduce -0.9% | 0.04% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -0.5% | 0.27% | −0.01 |
| WIT Wipro Ltd.-ADR | Reduce -20.9% | 0.02% | −0.01 |
| BSX Boston Scientific Corp. | Reduce -2.4% | 0.04% | −0.01 |
| SYK Stryker Corp. | Reduce -13.3% | 0.03% | −0.01 |
| CMG Chipotle Mexican Grill Inc. | Reduce -37.8% | 0.01% | −0.01 |
| KDP Keurig Dr Pepper Inc. | Reduce -54.0% | 0.00% | −0.01 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -6.2% | 0.03% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| VTI VG Morningstar TS MKT ETF-US | Add +1.8% | 27.71% | +0.36 |
| AAPL Apple Inc. | Add +1.2% | 1.32% | +0.18 |
| GOOGL Alphabet Inc. Class A | Add +3.2% | 0.55% | +0.13 |
| NVDA Nvidia Corp. | Add +1.5% | 1.23% | +0.12 |
| VEA Vanguard Ftse Developed ETF | Add +6.0% | 4.21% | +0.11 |
| VWO Vanguard Ftse Emerging Marke | Add +4.3% | 2.14% | +0.11 |
| GOOG Alphabet Inc. Class C | Add +0.1% | 0.38% | +0.08 |
| IEMG iShares Core MSCI Emerging | Add +0.7% | 3.83% | +0.07 |
| TSLA Tesla Inc. | Add +2.9% | 0.28% | +0.07 |
| APP AppLovin Corp. Class A | Add +1.1% | 0.08% | +0.04 |
| RBLX Roblox Corp. Class A | Add +0.3% | 0.15% | +0.03 |
| ORCL Oracle Corp. | Add +3.7% | 0.13% | +0.02 |
| JNJ Johnson & Johnson | Add +5.5% | 0.14% | +0.02 |
| GLD SPDR Gold Shares | Add +2.2% | 0.21% | +0.02 |
| GDX Vaneck Gold Miners ETF | New | 0.02% | +0.02 |
| APH Amphenol Corp. Class A | Add +13.3% | 0.06% | +0.01 |
| DGRW Wisdomtree U.S. Quality Divi | New | 0.01% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +6.4% | 1.86% | +0.01 |
| PLTR Palantir Technologies Inc. Class A | Add +1.6% | 0.06% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +12.5% | 0.05% | +0.01 |
| RUN Sunrun Inc. | Add +0.0% | 0.02% | +0.01 |
| ANET Arista Networks Inc. | Add +6.5% | 0.03% | +0.01 |
| ASML ASML Holding NV-NY Reg SHS | Add +3.0% | 0.06% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +3.0% | 0.25% | +0.01 |
| AMLP Alerian MLP ETF | New | 0.01% | +0.01 |
| INTC Intel Corp. | Add +7.2% | 0.02% | +0.01 |
| PSKY Paramount Skydance Class B | New | 0.01% | +0.01 |
| AMD Advanced Micro Devices | Add +5.2% | 0.08% | +0.01 |
| TJX TJX Companies Inc. | Add +3.5% | 0.07% | +0.01 |
| CAT Caterpillar Inc. | Add +1.7% | 0.05% | +0.01 |
| MS Morgan Stanley | Add +1.0% | 0.13% | +0.01 |
| CNC Centene Corp. | New | 0.01% | +0.01 |
| NEM Newmont Corp. | Add +3.9% | 0.02% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +1.1% | 0.43% | +0.01 |
| SHOP Shopify Inc. Class A | Add +2.8% | 0.03% | +0.01 |
| CDNS Cadence Design SYS Inc. | Add +21.8% | 0.03% | +0.01 |
| VEU Vanguard Ftse All-World Ex-U | Add +4.4% | 0.24% | +0.01 |
| SEDG Solaredge Technologies Inc. | New | 0.00% | +0.00 |
| GS Goldman Sachs Group Inc. | Add +1.1% | 0.10% | +0.00 |
| BKR Baker Hughes Co. | Add +12.1% | 0.02% | +0.00 |
| NOBL Proshares S&P 500 Dividend A | Add +79.9% | 0.01% | +0.00 |
| AZO AutoZone Inc. | Add +5.3% | 0.04% | +0.00 |
| HYDB iShares High Yield Systemati | New | 0.00% | +0.00 |
| SCHW Schwab (charles) Corp. | Add +17.7% | 0.03% | +0.00 |
| QURE Uniqure NV | New | 0.00% | +0.00 |
| KE Kimball Electronics Inc. | New | 0.00% | +0.00 |
| HOOD Robinhood Markets Inc. Class A | Add +2.1% | 0.01% | +0.00 |
| RKLB Rocket Lab Corp. | New | 0.00% | +0.00 |
| IJR iShares Core S&P Small-Cap E | Add +0.5% | 0.59% | +0.00 |
| RCKT Rocket Pharmaceuticals Inc. | New | 0.00% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,078 | $8.2B | VTI, IEFA, ITOT, IEMG, VEA |
| Q1 2026 | 1,014 | $7.2B | VTI, IEFA, ITOT, VEA, IEMG |
| Q4 2025 | 1,009 | $7.1B | VTI, IEFA, ITOT, VEA, IEMG |
| Q3 2025 | 1,016 | $7.2B | VTI, IEFA, ITOT, VEA, IEMG |
| Q2 2025 | 986 | $6.6B | VTI, IEFA, ITOT, VEA, IEMG |
| Q1 2025 | 910 | $5.8B | VTI, IEFA, ITOT, VEA, IEMG |
| Q4 2024 | 890 | $5.8B | VTI, ITOT, IEFA, IVV, IEMG |
| Q3 2024 | 846 | $5.8B | VTI, IEFA, ITOT, IEMG, VEA |
| Q2 2024 | 753 | $5.4B | VTI, IEFA, ITOT, IEMG, IVV |
| Q1 2024 | 739 | $5.3B | VTI, IEFA, ITOT, IEMG, VEA |