Bollard Group LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Bollard Group LLC reported 293 stock positions worth $4.4 billion. Its top holding was Boston Scientific (BSX) at 49.3% of the portfolio, followed by Eli Lilly (LLY, 4.5%) and Amazon.com (AMZN, 3.9%). Compared with Q1 2025, it opened 26 new positions, sold out of 16, added to 197 and reduced 19. The biggest buy was a new position in State STR SPDR S&P 500 ETF T and the biggest sale Boston Scientific (BSX, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001556218
- Portfolio Value
- $4.4B (Q2 2025)
- SEC Filing
- 0000929638-25-003004 ↗ filed Aug 13, 2025
Holdings Value
Holdings 293 stocks · $4.4B
| BSX Boston Scientific Corp. | 49.31% | 20,079,443 | $2.2B | Reduce -2.0% |
| LLY Eli Lilly & Co. | 4.48% | 251,489 | $196.0M | Add +4.7% |
| AMZN Amazon.com Inc. | 3.91% | 779,915 | $171.1M | Add +9.0% |
| STATE STR SPDR S&P 500 ETF T | 3.61% | 15,369 | $157.8M | New |
| MSFT Microsoft Corp. | 3.58% | 315,079 | $156.7M | Add +12.1% |
| IT Gartner Inc. | 3.37% | 364,389 | $147.3M | Add +1.8% |
| SCCO Southern Copper Corp. | 1.93% | 834,344 | $84.4M | Add +14.1% |
| GOOG Alphabet Inc. Class C | 1.92% | 473,408 | $84.0M | Add +12.2% |
| CAT Caterpillar Inc. | 1.91% | 215,354 | $83.6M | Add +10.6% |
| OKE Oneok Inc. | 1.59% | 852,626 | $69.6M | Add +13.1% |
| AEP American Electric Power | 1.26% | 529,741 | $55.0M | Add +12.4% |
| EPD Enterprise Products Partners | 1.25% | 1,765,007 | $54.7M | Add +13.9% |
| SO The Southern Co. | 0.90% | 426,494 | $39.2M | Add +10.7% |
| JPM JPMorgan Chase & Co. | 0.89% | 134,159 | $38.9M | Add +9.0% |
| KKR KKR & Co. Inc. | 0.85% | 280,382 | $37.3M | Add +0.1% |
| MS Morgan Stanley | 0.79% | 245,883 | $34.6M | Add +12.1% |
| PEG Public Service Enterprise GP | 0.74% | 386,847 | $32.6M | Add +10.1% |
| EMR Emerson Electric Co. | 0.71% | 232,050 | $30.9M | Add +9.8% |
| DE Deere & Co. | 0.70% | 60,448 | $30.7M | Add +4.5% |
| WMT Walmart Inc. | 0.65% | 292,403 | $28.6M | Add +6.2% |
| DUK Duke Energy Corp. | 0.62% | 228,300 | $26.9M | Add +9.8% |
| MSGS Madison Square Garden Sports | 0.58% | 121,000 | $25.3M | New |
| TMO Thermo Fisher Scientific Inc. | 0.57% | 62,001 | $25.1M | Add +6200000.0% |
| KMI Kinder Morgan Inc. | 0.57% | 848,455 | $24.9M | Add +8.8% |
| NVDA Nvidia Corp. | 0.55% | 153,202 | $24.2M | Add +185.3% |
| PAA Plains All Amer Pipeline LP | 0.47% | 1,131,158 | $20.7M | Add +13.2% |
| CVX Chevron Corp. | 0.45% | 138,828 | $19.9M | Add +8.6% |
| MPLX MPLX LP | 0.45% | 380,978 | $19.6M | Add +10.3% |
| KO The Coca-Cola Co. | 0.45% | 276,081 | $19.5M | Add +8.8% |
| META Meta Platforms Inc. Class A | 0.38% | 22,228 | $16.4M | Add +530.9% |
| ET Energy Transfer LP | 0.35% | 856,060 | $15.5M | Add +15.3% |
| PM Philip Morris International | 0.33% | 78,881 | $14.4M | Add +5.4% |
| AAPL Apple Inc. | 0.31% | 65,922 | $13.5M | Add +323.3% |
| PSX Phillips 66 | 0.30% | 111,818 | $13.3M | Add +7.2% |
| MRK Merck & Co. Inc. | 0.30% | 165,709 | $13.1M | Add +6.3% |
| COP Conocophillips | 0.29% | 141,911 | $12.7M | Add +11.6% |
| TSLA Tesla Inc. | 0.29% | 39,434 | $12.5M | Add +12829.2% |
| V Visa Inc. Class A | 0.28% | 35,004 | $12.4M | Add +6.9% |
| ABT Abbott Laboratories | 0.28% | 90,802 | $12.3M | Add +5.8% |
| ENB Enbridge Inc. | 0.28% | 270,964 | $12.3M | Add +8.7% |
| JNJ Johnson & Johnson | 0.24% | 69,181 | $10.6M | Add +8.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.23% | 18,531 | $10.2M | Add +5.9% |
| BP BP PLC-Spons ADR | 0.23% | 337,724 | $10.1M | Add +12.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.21% | 194,692 | $9.2M | Add +9.9% |
| FE Firstenergy Corp. | 0.20% | 216,536 | $8.7M | Add +5.4% |
| VLO Valero Energy Corp. | 0.19% | 62,204 | $8.4M | Add +9.5% |
| GS Goldman Sachs Group Inc. | 0.19% | 11,596 | $8.2M | Add +7.5% |
| FTS Fortis Inc. | 0.18% | 169,029 | $8.1M | Add +9.6% |
| VOO Vanguard S&P 500 ETF | 0.18% | 14,115 | $8.0M | Add +6.8% |
| LOW Lowe's Cos Inc. | 0.18% | 35,166 | $7.8M | Add +3.4% |
| T AT&T Inc. | 0.16% | 248,342 | $7.2M | Add +7.3% |
| UBER Uber Technologies Inc. | 0.16% | 74,561 | $7.0M | Add +4.8% |
| PLD Prologis Inc. | 0.15% | 63,699 | $6.7M | Add +14.8% |
| NDAQ Nasdaq Inc. | 0.15% | 72,685 | $6.5M | Add +0.3% |
| NI Nisource Inc. | 0.15% | 157,697 | $6.4M | Add +4.6% |
| KMB Kimberly-Clark Corp. | 0.14% | 48,225 | $6.2M | Add +2.2% |
| TECX Tectonic Therapeutic Inc. | 0.14% | 302,953 | $6.0M | No change |
| BMY Bristol-Myers Squibb Co. | 0.14% | 128,508 | $5.9M | Add +6.5% |
| PPL PPL Corp. | 0.13% | 164,172 | $5.6M | Add +7.6% |
| IWF iShares Russell 1000 Growth | 0.12% | 12,330 | $5.2M | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 0.12% | 29,087 | $5.1M | Add +305.2% |
| UNP Union Pacific Corp. | 0.11% | 21,835 | $5.0M | Add +2.5% |
| HON Honeywell International Inc. | 0.11% | 21,139 | $4.9M | Add +5.0% |
| PEP Pepsico Inc. | 0.10% | 32,870 | $4.3M | Add +2.9% |
| NTR Nutrien Ltd. | 0.09% | 68,824 | $4.0M | Add +3.8% |
| ALL Allstate Corp. | 0.09% | 19,892 | $4.0M | Add +0.8% |
| ORCL Oracle Corp. | 0.09% | 18,020 | $3.9M | Add +0.4% |
| COST Costco Wholesale Corp. | 0.09% | 3,949 | $3.9M | Add +3.0% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.09% | 12,116 | $3.9M | Add +4.9% |
| CL Colgate-Palmolive Co. | 0.09% | 42,072 | $3.8M | Add +4.7% |
| GPC Genuine Parts Co. | 0.09% | 30,961 | $3.8M | Add +6.1% |
| RTX RTX Corp. | 0.08% | 23,920 | $3.5M | Add +3.1% |
| WMB Williams Cos Inc. | 0.08% | 53,398 | $3.4M | Add +5.8% |
| XOM Exxon Mobil Corp. | 0.08% | 30,522 | $3.3M | Add +2.7% |
| ACN Accenture PLC Class A | 0.07% | 10,241 | $3.1M | Add +0.5% |
| MLPX Global X MLP & Energy Infras | 0.07% | 45,475 | $2.8M | Add +1.2% |
| VZ Verizon Communications Inc. | 0.07% | 65,782 | $2.8M | Add +5.9% |
| MAS Masco Corp. | 0.06% | 43,794 | $2.8M | Add +0.5% |
| PG The Procter & Gamble Co. | 0.06% | 17,503 | $2.8M | Add +9.3% |
| BNTX Biontech SE-ADR | 0.06% | 25,780 | $2.7M | New |
| MO Altria Group Inc. | 0.06% | 46,440 | $2.7M | Add +5.5% |
| DKNG Draftkings Inc. Class A | 0.06% | 59,417 | $2.5M | No change |
| PAYX Paychex Inc. | 0.05% | 16,396 | $2.4M | Add +9.7% |
| AMLP Alerian MLP ETF | 0.05% | 47,669 | $2.3M | Add +1.3% |
| ED Consolidated Edison Inc. | 0.05% | 22,685 | $2.3M | Add +5.7% |
| MDLZ Mondelez International Inc. Class A | 0.05% | 31,238 | $2.1M | Add +1.3% |
| JCI Johnson Controls Internation | 0.05% | 19,570 | $2.1M | Add +8.8% |
| HD Home Depot Inc. | 0.05% | 5,556 | $2.0M | Add +4.3% |
| ACRS Aclaris Therapeutics Inc. | 0.04% | 1,352,276 | $1.9M | Reduce -5.0% |
| LMT Lockheed Martin Corp. | 0.04% | 4,121 | $1.9M | Add +5.1% |
| ENTG Entegris Inc. | 0.04% | 22,947 | $1.9M | New |
| CLX Clorox Company | 0.04% | 15,234 | $1.8M | Add +15.9% |
| RVTY Revvity Inc. | 0.04% | 18,439 | $1.8M | New |
| SLDB Solid Biosciences Inc. | 0.04% | 361,660 | $1.8M | New |
| INSM Insmed Inc. | 0.04% | 17,191 | $1.7M | New |
| SHEL Shell PLC-ADR | 0.04% | 24,319 | $1.7M | Add +5.7% |
| MTCH Match Group Inc. | 0.04% | 54,558 | $1.7M | Add +0.7% |
| NGG National Grid PLC-SP ADR | 0.04% | 22,057 | $1.6M | Add +2.7% |
| IRON Disc Medicine Inc. | 0.04% | 30,635 | $1.6M | New |
| NEE Nextera Energy Inc. | 0.04% | 22,441 | $1.6M | Add +3.7% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $4K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 216 | $4K | No change |
Total filed on the 13F, all lines: $4.4B.
Portfolio Sells Q1 2025 → Q2 2025
| BSX Boston Scientific Corp. | Reduce -2.0% | 49.31% | −4.97 |
| DINO HF Sinclair Corp. | Sold out | 0.00% | −0.17 |
| STATE STR SPDR S&P 500 ETF T | Sold out | 0.00% | −0.16 |
| UNH Unitedhealth Group Inc. | Reduce -80.6% | 0.02% | −0.15 |
| TPYP Managed Portfolio Series | Sold out | 0.00% | −0.07 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −0.06 |
| RYN Rayonier Inc. | Reduce -61.8% | 0.02% | −0.05 |
| RCI Rogers Communications Inc. Class B | Reduce -99.9% | 0.00% | −0.04 |
| PFE Pfizer Inc. | Reduce -99.6% | 0.00% | −0.02 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -47.1% | 0.01% | −0.01 |
| ACRS Aclaris Therapeutics Inc. | Reduce -5.0% | 0.04% | −0.01 |
| RUSHA Rush Enterprises Inc. Class A | Reduce -99.6% | 0.00% | −0.01 |
| DVN Devon Energy Corp. | Reduce -34.7% | 0.01% | −0.01 |
| WY Weyerhaeuser Co. | Reduce -12.6% | 0.01% | −0.01 |
| BCE Bce Inc. | Reduce -28.5% | 0.01% | −0.01 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.01 |
| KVUE Kenvue Inc. | Reduce -99.8% | 0.00% | −0.01 |
| CADE Cadence Bank | Sold out | 0.00% | −0.00 |
| SAH Sonic Automotive Inc. Class A | Sold out | 0.00% | −0.00 |
| FHN First Horizon Corp. | Sold out | 0.00% | −0.00 |
| UL Unilever PLC | Reduce -2.8% | 0.02% | −0.00 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -8.2% | 0.02% | −0.00 |
| CVBF CVB Financial Corp. | Sold out | 0.00% | −0.00 |
| RGP Resources Connection Inc. | Reduce -98.8% | 0.00% | −0.00 |
| CCI Crown Castle Inc. | Sold out | 0.00% | −0.00 |
| HMN Horace Mann Educators | Sold out | 0.00% | −0.00 |
| USB US Bancorp | Reduce -4.6% | 0.01% | −0.00 |
| ADM Archer-Daniels-Midland Co. | Reduce -67.8% | 0.00% | −0.00 |
| HAL Halliburton Co. | Reduce -42.7% | 0.00% | −0.00 |
| NOG Northern Oil and Gas Inc. | Reduce -57.6% | 0.00% | −0.00 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.00 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.00 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | 0.00 |
| RMD Resmed Inc. | Sold out | 0.00% | 0.00 |
| UMC United Microelectron-SP ADR | Sold out | 0.00% | 0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| STATE STR SPDR S&P 500 ETF T | New | 3.61% | +3.61 |
| MSFT Microsoft Corp. | Add +12.1% | 3.58% | +0.81 |
| MSGS Madison Square Garden Sports | New | 0.58% | +0.58 |
| TMO Thermo Fisher Scientific Inc. | Add +6200000.0% | 0.57% | +0.57 |
| NVDA Nvidia Corp. | Add +185.3% | 0.55% | +0.40 |
| AMZN Amazon.com Inc. | Add +9.0% | 3.91% | +0.34 |
| META Meta Platforms Inc. Class A | Add +530.9% | 0.38% | +0.32 |
| TSLA Tesla Inc. | Add +12829.2% | 0.29% | +0.28 |
| CAT Caterpillar Inc. | Add +10.6% | 1.91% | +0.23 |
| AAPL Apple Inc. | Add +323.3% | 0.31% | +0.22 |
| GOOG Alphabet Inc. Class C | Add +12.2% | 1.92% | +0.19 |
| SCCO Southern Copper Corp. | Add +14.1% | 1.93% | +0.14 |
| MS Morgan Stanley | Add +12.1% | 0.79% | +0.12 |
| EMR Emerson Electric Co. | Add +9.8% | 0.71% | +0.10 |
| JPM JPMorgan Chase & Co. | Add +9.0% | 0.89% | +0.10 |
| GOOGL Alphabet Inc. Class A | Add +305.2% | 0.12% | +0.09 |
| BNTX Biontech SE-ADR | New | 0.06% | +0.06 |
| ENTG Entegris Inc. | New | 0.04% | +0.04 |
| RVTY Revvity Inc. | New | 0.04% | +0.04 |
| SLDB Solid Biosciences Inc. | New | 0.04% | +0.04 |
| INSM Insmed Inc. | New | 0.04% | +0.04 |
| IRON Disc Medicine Inc. | New | 0.04% | +0.04 |
| VERA Vera Therapeutics Inc. | New | 0.03% | +0.03 |
| PD Pagerduty Inc. | New | 0.03% | +0.03 |
| GS Goldman Sachs Group Inc. | Add +7.5% | 0.19% | +0.03 |
| ESTC Elastic NV | New | 0.03% | +0.03 |
| NRIX Nurix Therapeutics Inc. | New | 0.03% | +0.03 |
| CNTA Centessa Pharmaceuticals Ltd. | New | 0.03% | +0.03 |
| HELP Cybin Inc. | New | 0.03% | +0.03 |
| TENB Tenable Holdings Inc. | New | 0.03% | +0.03 |
| ORCL Oracle Corp. | Add +0.4% | 0.09% | +0.02 |
| UBER Uber Technologies Inc. | Add +4.8% | 0.16% | +0.02 |
| DT Dynatrace Inc. | New | 0.02% | +0.02 |
| TYL Tyler Technologies Inc. | New | 0.02% | +0.02 |
| NICE Nice Ltd. - Spon ADR | New | 0.02% | +0.02 |
| WMT Walmart Inc. | Add +6.2% | 0.65% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +5.9% | 0.23% | +0.02 |
| COGT Cogent Biosciences Inc. | New | 0.02% | +0.02 |
| BAC Bank of America Corp. | Add +9.9% | 0.21% | +0.02 |
| PM Philip Morris International | Add +5.4% | 0.33% | +0.02 |
| JCI Johnson Controls Internation | Add +8.8% | 0.05% | +0.01 |
| CLDX Celldex Therapeutics Inc. | New | 0.01% | +0.01 |
| COIN Coinbase Global Inc. Class A | New | 0.01% | +0.01 |
| ABEO Abeona Therapeutics Inc. | New | 0.01% | +0.01 |
| NTR Nutrien Ltd. | Add +3.8% | 0.09% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +6.8% | 0.18% | +0.00 |
| NDAQ Nasdaq Inc. | Add +0.3% | 0.15% | +0.00 |
| IWF iShares Russell 1000 Growth | Add +0.1% | 0.12% | +0.00 |
| KKR KKR & Co. Inc. | Add +0.1% | 0.85% | +0.00 |
| IGM iShares Expanded Tech Sector | Add +8.7% | 0.02% | +0.00 |
Notes & Other Activity Q1 2025 → Q2 2025
| CVE Cenovus Energy Inc. | COM | Sold out | 0 | $0before exit |
| MZTI The Marzetti Company | COM | Reduce -100.0% | 0 | $0 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
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 |