Bollard Group LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Bollard Group LLC reported 287 stock positions worth $3.6 billion. Its top holding was Boston Scientific (BSX) at 51.3% of the portfolio, followed by Eli Lilly (LLY, 5.1%) and Gartner (IT, 4.8%). Compared with Q3 2024, it opened 2 new positions, sold out of 19, added to 131 and reduced 83. The biggest buy was Visa Class A (V, shares +82%) and the biggest sale Thermo Fisher Scientific (TMO, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001556218
- Portfolio Value
- $3.6B (Q4 2024)
- SEC Filing
- 0000929638-25-000729 ↗ filed Feb 14, 2025
Holdings Value
Holdings 287 stocks · $3.6B
| BSX Boston Scientific Corp. | 51.33% | 20,733,226 | $1.9B | Reduce -2.4% |
| LLY Eli Lilly & Co. | 5.13% | 239,895 | $185.2M | Reduce -4.6% |
| IT Gartner Inc. | 4.80% | 357,790 | $173.3M | Reduce -6.5% |
| AMZN Amazon.com Inc. | 4.35% | 715,672 | $157.0M | Reduce -6.7% |
| MSFT Microsoft Corp. | 3.28% | 280,471 | $118.2M | Reduce -3.8% |
| GOOG Alphabet Inc. Class C | 2.23% | 421,616 | $80.3M | Reduce -6.4% |
| OKE Oneok Inc. | 2.08% | 746,202 | $74.9M | Reduce -2.6% |
| CAT Caterpillar Inc. | 1.95% | 194,404 | $70.5M | Reduce -9.4% |
| SCCO Southern Copper Corp. | 1.82% | 722,114 | $65.8M | Reduce -8.2% |
| EPD Enterprise Products Partners | 1.33% | 1,527,099 | $47.9M | Reduce -1.7% |
| AEP American Electric Power | 1.19% | 467,409 | $43.1M | Reduce -6.0% |
| KKR KKR & Co. Inc. | 1.15% | 279,840 | $41.4M | Reduce -6.7% |
| SO The Southern Co. | 0.87% | 382,213 | $31.5M | Reduce -10.2% |
| PEG Public Service Enterprise GP | 0.82% | 348,940 | $29.5M | Reduce -9.5% |
| JPM JPMorgan Chase & Co. | 0.81% | 122,454 | $29.4M | Reduce -16.4% |
| MS Morgan Stanley | 0.76% | 217,907 | $27.4M | Reduce -16.8% |
| EMR Emerson Electric Co. | 0.72% | 210,364 | $26.1M | Reduce -12.9% |
| WMT Walmart Inc. | 0.69% | 274,859 | $24.8M | Reduce -12.2% |
| DE Deere & Co. | 0.68% | 57,668 | $24.4M | Reduce -10.3% |
| DUK Duke Energy Corp. | 0.62% | 206,290 | $22.2M | Reduce -10.7% |
| KMI Kinder Morgan Inc. | 0.59% | 771,795 | $21.1M | Add +0.1% |
| CVX Chevron Corp. | 0.51% | 126,509 | $18.3M | Reduce -1.1% |
| PAA Plains All Amer Pipeline LP | 0.46% | 981,438 | $16.8M | Reduce -1.6% |
| MPLX MPLX LP | 0.45% | 340,198 | $16.3M | Add +0.6% |
| KO The Coca-Cola Co. | 0.44% | 254,067 | $15.8M | Reduce -13.2% |
| MRK Merck & Co. Inc. | 0.43% | 155,970 | $15.5M | Reduce -15.4% |
| ET Energy Transfer LP | 0.40% | 729,590 | $14.3M | Reduce -3.2% |
| COP Conocophillips | 0.35% | 126,123 | $12.5M | Reduce -2.5% |
| PSX Phillips 66 | 0.33% | 103,472 | $11.8M | Reduce -0.7% |
| ENB Enbridge Inc. | 0.29% | 246,616 | $10.5M | Add +3.9% |
| V Visa Inc. Class A | 0.29% | 32,723 | $10.3M | Add +81.8% |
| ABT Abbott Laboratories | 0.27% | 85,437 | $9.7M | Reduce -15.1% |
| JNJ Johnson & Johnson | 0.26% | 63,634 | $9.2M | Reduce -16.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.25% | 17,496 | $8.9M | Add +0.3% |
| PM Philip Morris International | 0.25% | 74,138 | $8.9M | Add +1.2% |
| BP BP PLC-Spons ADR | 0.24% | 295,712 | $8.7M | Reduce -2.8% |
| LOW Lowe's Cos Inc. | 0.23% | 33,913 | $8.4M | Add +34.2% |
| FE Firstenergy Corp. | 0.22% | 203,432 | $8.1M | Reduce -0.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.21% | 176,255 | $7.7M | Reduce -19.5% |
| DINO HF Sinclair Corp. | 0.20% | 209,445 | $7.3M | Reduce -3.3% |
| VOO Vanguard S&P 500 ETF | 0.20% | 13,175 | $7.1M | Add +0.6% |
| VLO Valero Energy Corp. | 0.19% | 56,362 | $6.9M | Reduce -3.0% |
| NVDA Nvidia Corp. | 0.19% | 50,598 | $6.8M | Reduce -12.9% |
| BMY Bristol-Myers Squibb Co. | 0.19% | 119,678 | $6.8M | Reduce -0.8% |
| FTS Fortis Inc. | 0.18% | 153,504 | $6.4M | Reduce -1.9% |
| KMB Kimberly-Clark Corp. | 0.17% | 47,814 | $6.3M | Reduce -4.0% |
| GS Goldman Sachs Group Inc. | 0.17% | 10,734 | $6.1M | Reduce -16.7% |
| UNH Unitedhealth Group Inc. | 0.17% | 12,049 | $6.1M | Add +76.5% |
| PLD Prologis Inc. | 0.16% | 54,992 | $5.8M | Reduce -5.3% |
| NDAQ Nasdaq Inc. | 0.15% | 72,248 | $5.6M | Add +0.3% |
| NI Nisource Inc. | 0.15% | 149,654 | $5.5M | Add +0.7% |
| T AT&T Inc. | 0.14% | 229,161 | $5.2M | Reduce -5.0% |
| IWF iShares Russell 1000 Growth | 0.14% | 12,305 | $4.9M | Add +0.1% |
| PPL PPL Corp. | 0.14% | 151,455 | $4.9M | Reduce -0.9% |
| UNP Union Pacific Corp. | 0.13% | 21,207 | $4.8M | Add +0.4% |
| PEP Pepsico Inc. | 0.13% | 31,575 | $4.8M | No change |
| HON Honeywell International Inc. | 0.13% | 20,034 | $4.5M | Reduce -4.4% |
| UBER Uber Technologies Inc. | 0.12% | 71,151 | $4.3M | Add +73.1% |
| AAPL Apple Inc. | 0.11% | 15,558 | $3.9M | Add +0.1% |
| ALL Allstate Corp. | 0.10% | 19,634 | $3.8M | Add +0.5% |
| CL Colgate-Palmolive Co. | 0.10% | 40,001 | $3.6M | Reduce -30.4% |
| ACN Accenture PLC Class A | 0.10% | 10,154 | $3.6M | Add +0.4% |
| COST Costco Wholesale Corp. | 0.10% | 3,828 | $3.5M | Add +0.1% |
| GPC Genuine Parts Co. | 0.09% | 28,956 | $3.4M | Reduce -1.5% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.09% | 11,533 | $3.3M | Reduce -55.1% |
| XOM Exxon Mobil Corp. | 0.09% | 29,583 | $3.2M | Add +0.5% |
| MAS Masco Corp. | 0.09% | 43,405 | $3.1M | Add +0.4% |
| FANG Diamondback Energy Inc. | 0.09% | 18,767 | $3.1M | Reduce -0.3% |
| ORCL Oracle Corp. | 0.08% | 17,911 | $3.0M | Reduce -15.4% |
| NTR Nutrien Ltd. | 0.08% | 65,867 | $2.9M | Reduce -2.4% |
| WMB Williams Cos Inc. | 0.08% | 50,109 | $2.7M | Add +0.5% |
| MLPX Global X MLP & Energy Infras | 0.07% | 44,417 | $2.7M | Add +1.1% |
| RTX RTX Corp. | 0.07% | 23,131 | $2.7M | Add +0.3% |
| PG The Procter & Gamble Co. | 0.07% | 15,929 | $2.7M | Reduce -25.6% |
| MO Altria Group Inc. | 0.07% | 47,761 | $2.5M | Add +0.9% |
| VZ Verizon Communications Inc. | 0.07% | 61,114 | $2.4M | Reduce -16.0% |
| RYN Rayonier Inc. | 0.07% | 92,784 | $2.4M | Add +0.6% |
| TPYP Managed Portfolio Series | 0.06% | 66,886 | $2.3M | No change |
| DKNG Draftkings Inc. Class A | 0.06% | 59,417 | $2.2M | No change |
| RCI Rogers Communications Inc. Class B | 0.06% | 71,404 | $2.2M | Reduce -4.2% |
| AMLP Alerian MLP ETF | 0.06% | 44,259 | $2.1M | Reduce -11.6% |
| CLX Clorox Company | 0.06% | 13,049 | $2.1M | Reduce -5.9% |
| PAYX Paychex Inc. | 0.06% | 14,874 | $2.1M | Add +0.5% |
| HD Home Depot Inc. | 0.06% | 5,318 | $2.1M | Add +0.2% |
| META Meta Platforms Inc. Class A | 0.06% | 3,522 | $2.1M | Add +1687.8% |
| LMT Lockheed Martin Corp. | 0.05% | 3,921 | $1.9M | No change |
| ED Consolidated Edison Inc. | 0.05% | 21,220 | $1.9M | Reduce -1.3% |
| MDLZ Mondelez International Inc. Class A | 0.05% | 30,577 | $1.8M | Add +0.7% |
| MTCH Match Group Inc. | 0.05% | 53,893 | $1.8M | No change |
| NEE Nextera Energy Inc. | 0.04% | 21,567 | $1.5M | Add +0.3% |
| BKH Black Hills Corp. | 0.04% | 25,112 | $1.5M | Add +0.3% |
| SHEL Shell PLC-ADR | 0.04% | 22,745 | $1.4M | Reduce -1.1% |
| CMCSA Comcast Corp. Class A | 0.04% | 37,852 | $1.4M | Add +0.1% |
| JCI Johnson Controls Internation | 0.04% | 17,907 | $1.4M | Add +0.4% |
| EOG EOG Resources Inc. | 0.04% | 11,224 | $1.4M | Add +0.7% |
| GOOGL Alphabet Inc. Class A | 0.04% | 7,170 | $1.4M | Add +0.1% |
| CARR Carrier Global Corp. | 0.04% | 19,424 | $1.3M | Add +0.1% |
| NGG National Grid PLC-SP ADR | 0.04% | 21,235 | $1.3M | Reduce -2.0% |
| UL Unilever PLC | 0.03% | 21,672 | $1.2M | Reduce -1.4% |
| BHP BHP Group Ltd.-Spon ADR | 0.03% | 24,718 | $1.2M | Reduce -55.4% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $6K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 216 | $6K | No change |
Total filed on the 13F, all lines: $3.6B.
Portfolio Sells Q3 2024 → Q4 2024
| TMO Thermo Fisher Scientific Inc. | Reduce -100.0% | 0.00% | −1.83 |
| LLY Eli Lilly & Co. | Reduce -4.6% | 5.13% | −0.80 |
| SCCO Southern Copper Corp. | Reduce -8.2% | 1.82% | −0.60 |
| IT Gartner Inc. | Reduce -6.5% | 4.80% | −0.36 |
| CAT Caterpillar Inc. | Reduce -9.4% | 1.95% | −0.28 |
| FDVV Fidelity High Dividend ETF | Sold out | 0.00% | −0.19 |
| AEP American Electric Power | Reduce -6.0% | 1.19% | −0.16 |
| SO The Southern Co. | Reduce -10.2% | 0.87% | −0.15 |
| MRK Merck & Co. Inc. | Reduce -15.4% | 0.43% | −0.13 |
| KO The Coca-Cola Co. | Reduce -13.2% | 0.44% | −0.12 |
| AJG Arthur J Gallagher & Co. | Reduce -55.1% | 0.09% | −0.10 |
| PEG Public Service Enterprise GP | Reduce -9.5% | 0.82% | −0.10 |
| DUK Duke Energy Corp. | Reduce -10.7% | 0.62% | −0.09 |
| JNJ Johnson & Johnson | Reduce -16.8% | 0.26% | −0.07 |
| MSFT Microsoft Corp. | Reduce -3.8% | 3.28% | −0.06 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -55.4% | 0.03% | −0.06 |
| CL Colgate-Palmolive Co. | Reduce -30.4% | 0.10% | −0.06 |
| DINO HF Sinclair Corp. | Reduce -3.3% | 0.20% | −0.05 |
| MCO Moody's Corp. | Sold out | 0.00% | −0.04 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.04 |
| DHR Danaher Corp. | Reduce -58.4% | 0.02% | −0.04 |
| SCHW Schwab (charles) Corp. | Sold out | 0.00% | −0.04 |
| PSX Phillips 66 | Reduce -0.7% | 0.33% | −0.04 |
| ABT Abbott Laboratories | Reduce -15.1% | 0.27% | −0.04 |
| BRK.A Berkshire Hathaway Inc. Class A | Sold out | 0.00% | −0.04 |
| DE Deere & Co. | Reduce -10.3% | 0.68% | −0.04 |
| PLD Prologis Inc. | Reduce -5.3% | 0.16% | −0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -25.6% | 0.07% | −0.02 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.02 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.02 |
| USB US Bancorp | Reduce -55.3% | 0.02% | −0.02 |
| CNH CNH Industrial NV | Sold out | 0.00% | −0.02 |
| CVS CVS Health Corp. | Reduce -25.4% | 0.03% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -16.0% | 0.07% | −0.02 |
| RCI Rogers Communications Inc. Class B | Reduce -4.2% | 0.06% | −0.02 |
| VLO Valero Energy Corp. | Reduce -3.0% | 0.19% | −0.02 |
| BAC Bank of America Corp. | Reduce -19.5% | 0.21% | −0.02 |
| FE Firstenergy Corp. | Reduce -0.3% | 0.22% | −0.02 |
| COP Conocophillips | Reduce -2.5% | 0.35% | −0.02 |
| GPC Genuine Parts Co. | Reduce -1.5% | 0.09% | −0.02 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -4.0% | 0.17% | −0.01 |
| BCE Bce Inc. | Reduce -4.0% | 0.03% | −0.01 |
| ORCL Oracle Corp. | Reduce -15.4% | 0.08% | −0.01 |
| SLB SLB Ltd. | Reduce -74.6% | 0.00% | −0.01 |
| CCJ Cameco Corp. | Sold out | 0.00% | −0.01 |
| UPS United Parcel Service Class B | Reduce -43.9% | 0.01% | −0.01 |
| FTS Fortis Inc. | Reduce -1.9% | 0.18% | −0.01 |
| BP BP PLC-Spons ADR | Reduce -2.8% | 0.24% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| V Visa Inc. Class A | Add +81.8% | 0.29% | +0.15 |
| KMI Kinder Morgan Inc. | Add +0.1% | 0.59% | +0.13 |
| UNH Unitedhealth Group Inc. | Add +76.5% | 0.17% | +0.06 |
| META Meta Platforms Inc. Class A | Add +1687.8% | 0.06% | +0.05 |
| MPLX MPLX LP | Add +0.6% | 0.45% | +0.05 |
| LOW Lowe's Cos Inc. | Add +34.2% | 0.23% | +0.05 |
| UBER Uber Technologies Inc. | Add +73.1% | 0.12% | +0.04 |
| ENB Enbridge Inc. | Add +3.9% | 0.29% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.3% | 0.25% | +0.02 |
| NI Nisource Inc. | Add +0.7% | 0.15% | +0.02 |
| NDAQ Nasdaq Inc. | Add +0.3% | 0.15% | +0.01 |
| WMB Williams Cos Inc. | Add +0.5% | 0.08% | +0.01 |
| IWF iShares Russell 1000 Growth | Add +0.1% | 0.14% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +0.6% | 0.20% | +0.01 |
| AAPL Apple Inc. | Add +0.1% | 0.11% | +0.01 |
| MLPX Global X MLP & Energy Infras | Add +1.1% | 0.07% | +0.01 |
| PM Philip Morris International | Add +1.2% | 0.25% | +0.01 |
| COST Costco Wholesale Corp. | Add +0.1% | 0.10% | +0.01 |
| ALL Allstate Corp. | Add +0.5% | 0.10% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +0.1% | 0.04% | +0.01 |
| PAYX Paychex Inc. | Add +0.5% | 0.06% | +0.01 |
| MO Altria Group Inc. | Add +0.9% | 0.07% | +0.00 |
| MAR Marriott International Class A | Add +0.2% | 0.03% | +0.00 |
| ACN Accenture PLC Class A | Add +0.4% | 0.10% | +0.00 |
| EQT Eqt Corp. | Add +0.3% | 0.01% | +0.00 |
| JCI Johnson Controls Internation | Add +0.4% | 0.04% | +0.00 |
| IWB iShares Russell 1000 ETF | Add +0.3% | 0.03% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.6% | 0.03% | +0.00 |
| CLS Celestica Inc. | New | 0.00% | +0.00 |
| FDX FedEx Corp. | Add +0.5% | 0.03% | +0.00 |
| KR Kroger Co. | Add +0.5% | 0.02% | +0.00 |
| EOG EOG Resources Inc. | Add +0.7% | 0.04% | +0.00 |
| CSCO Cisco Systems Inc. | Add +0.7% | 0.01% | +0.00 |
| TRGP Targa Resources Corp. | Add +0.1% | 0.01% | +0.00 |
| FHN First Horizon Corp. | Add +1.0% | 0.00% | +0.00 |
| STT State Street Corp. | Add +0.8% | 0.01% | +0.00 |
| CINF Cincinnati Financial Corp. | Add +0.3% | 0.01% | +0.00 |
| GWW WW Grainger Inc. | Add +0.2% | 0.02% | +0.00 |
| WES Western Midstream Partners L | Add +2.4% | 0.01% | +0.00 |
| MSI Motorola Solutions Inc. | Add +0.2% | 0.01% | +0.00 |
| INDB Independent Bank Corp. | Add +0.3% | 0.01% | +0.00 |
| MOS The Mosaic Co. | New | 0.00% | +0.00 |
| CVBF CVB Financial Corp. | Add +1.1% | 0.00% | +0.00 |
| GBCI Glacier Bancorp Inc. | Add +1.3% | 0.00% | +0.00 |
| CADE Cadence Bank | Add +0.8% | 0.01% | +0.00 |
| RUSHA Rush Enterprises Inc. Class A | Add +0.3% | 0.01% | +0.00 |
| XLF SS Financial Select Sector | Add +0.4% | 0.01% | +0.00 |
| SAH Sonic Automotive Inc. Class A | Add +0.5% | 0.00% | +0.00 |
| SYK Stryker Corp. | Add +0.2% | 0.02% | +0.00 |
| COR Cencora Inc. | Add +0.2% | 0.01% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 307 | $3.3B | BSX, CAT, LLY, AMZN, SPY |
| Q1 2026 | 302 | $3.3B | BSX, LLY, CAT, AMZN, SCCO |
| Q4 2025 | 288 | $3.8B | BSX, LLY, AMZN, MSFT, GOOG |
| Q3 2025 | 268 | $4.0B | BSX, AMZN, MSFT, LLY, GOOG |
| Q2 2025 | 293 | $4.4B | BSX, LLY, AMZN, STATE STR SPDR S&P 500 ETF T, MSFT |
| Q1 2025 | 284 | $3.8B | BSX, LLY, IT, AMZN, MSFT |
| Q4 2024 | 287 | $3.6B | BSX, LLY, IT, AMZN, MSFT |
| Q3 2024 | 303 | $3.8B | BSX, LLY, IT, AMZN, MSFT |
| Q2 2024 | 302 | $3.5B | BSX, LLY, IT, AMZN, MSFT |
| Q1 2024 | 303 | $3.3B | BSX, LLY, IT, AMZN, MSFT |