Boston Partners
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Boston Partners reported 752 stock positions worth $97.3 billion. Its top holding was JPMorgan Chase (JPM) at 2.4% of the portfolio, followed by Cencora (COR, 1.4%) and US Foods (USFD, 1.3%). Compared with Q2 2025, it opened 98 new positions, sold out of 51, added to 320 and reduced 332. The biggest buy was a new position in Iqvia (IQV) and the biggest sale Norfolk Southern (NSC, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001386060
- Portfolio Value
- $97.3B (Q3 2025)
- SEC Filing
- 0001386060-25-000020 ↗ filed Nov 13, 2025
Holdings Value
Holdings 752 stocks · $97.3B
| JPM JPMorgan Chase & Co. | 2.43% | 7,492,763 | $2.4B | Add +2.3% |
| COR Cencora Inc. | 1.45% | 4,509,165 | $1.4B | Add +2.0% |
| USFD US Foods Holding Corp. | 1.27% | 16,130,224 | $1.2B | Add +6.0% |
| LPLA LPL Financial Holdings Inc. | 1.25% | 3,669,326 | $1.2B | Reduce -0.3% |
| MPC Marathon Petroleum Corp. | 1.25% | 6,305,428 | $1.2B | Add +2.3% |
| AZO AutoZone Inc. | 1.21% | 275,948 | $1.2B | Reduce -14.3% |
| CRH CRH PLC | 1.21% | 9,816,938 | $1.2B | Add +1.7% |
| PM Philip Morris International | 1.17% | 7,019,625 | $1.1B | Add +12.7% |
| KGC Kinross Gold Corp. | 1.16% | 45,120,345 | $1.1B | Add +1.6% |
| FLEX Flex Ltd. | 1.14% | 19,030,836 | $1.1B | Reduce -7.7% |
| HBAN Huntington Bancshares Inc. | 1.12% | 63,302,953 | $1.1B | Add +3.9% |
| AMZN Amazon.com Inc. | 1.08% | 4,789,385 | $1.1B | Add +29.8% |
| MCHP Microchip Technology Inc. | 1.07% | 16,234,332 | $1.0B | Add +9.5% |
| SYY Sysco Corp. | 1.06% | 12,495,895 | $1.0B | Reduce -3.4% |
| MCK McKesson Corp. | 1.06% | 1,330,953 | $1.0B | Add +6.7% |
| GOOGL Alphabet Inc. Class A | 0.97% | 3,890,402 | $946.3M | Add +1.0% |
| UBER Uber Technologies Inc. | 0.95% | 9,422,708 | $923.9M | Add +2.9% |
| MU Micron Technology Inc. | 0.92% | 5,306,063 | $894.9M | Add +11.6% |
| ABBV Abbvie Inc. | 0.91% | 3,814,088 | $883.0M | Reduce -23.0% |
| ORCL Oracle Corp. | 0.89% | 3,077,781 | $866.8M | Reduce -36.1% |
| KEYS Keysight Technologies Inc. | 0.88% | 4,870,268 | $851.5M | Add +3.4% |
| ALLE Allegion PLC | 0.87% | 4,746,454 | $842.0M | Add +1.0% |
| FE Firstenergy Corp. | 0.86% | 18,344,403 | $841.2M | Add +13.5% |
| FANG Diamondback Energy Inc. | 0.84% | 5,733,538 | $821.6M | Add +2.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.83% | 7,063,747 | $808.1M | Add +2.1% |
| DGX Quest Diagnostics Inc. | 0.79% | 4,036,881 | $768.0M | Add +32.8% |
| WFC Wells Fargo & Co. | 0.78% | 9,128,470 | $763.7M | Add +1.9% |
| GS Goldman Sachs Group Inc. | 0.78% | 954,212 | $759.6M | Add +0.4% |
| DELL Dell Technologies -C | 0.78% | 5,313,963 | $758.0M | Reduce -10.0% |
| HON Honeywell International Inc. | 0.76% | 3,535,270 | $744.1M | Add +21.6% |
| AXP American Express Co. | 0.74% | 2,179,896 | $723.1M | Add +4.4% |
| URI United Rentals Inc. | 0.73% | 744,672 | $712.2M | Add +4.1% |
| IQV Iqvia Holdings Inc. | 0.70% | 3,556,708 | $676.7M | New |
| UNH Unitedhealth Group Inc. | 0.69% | 1,937,191 | $671.2M | Add +26.0% |
| MDT Medtronic PLC | 0.68% | 6,965,954 | $664.4M | Add +0.1% |
| AMAT Applied Materials Inc. | 0.68% | 3,208,759 | $658.8M | Reduce -9.3% |
| CPAY Corpay Inc. | 0.67% | 2,276,020 | $656.2M | Reduce -0.6% |
| ALL Allstate Corp. | 0.67% | 3,050,780 | $654.7M | Add +14.9% |
| COP Conocophillips | 0.66% | 6,802,562 | $643.3M | Add +5.9% |
| MS Morgan Stanley | 0.66% | 4,030,967 | $640.1M | Add +4.2% |
| ETR Entergy Corp. | 0.66% | 6,855,213 | $639.6M | Reduce -1.2% |
| THC Tenet Healthcare Corp. | 0.66% | 3,147,555 | $639.0M | Add +38.8% |
| RS Reliance Inc. | 0.65% | 2,247,603 | $631.2M | Add +27.5% |
| KO The Coca-Cola Co. | 0.64% | 9,361,545 | $620.8M | Add +4.2% |
| TXT Textron Inc. | 0.63% | 7,257,533 | $613.3M | Add +0.9% |
| AON Aon PLC Class A | 0.63% | 1,711,250 | $611.0M | Add +15.5% |
| AMP Ameriprise Financial Inc. | 0.60% | 1,193,048 | $586.1M | Add +1.1% |
| NEM Newmont Corp. | 0.60% | 6,931,710 | $585.8M | Add +49.3% |
| LHX L3HARRIS Technologies Inc. | 0.59% | 1,882,645 | $575.1M | Reduce -6.0% |
| CCEP Coca-Cola Europacific Partne | 0.58% | 6,266,512 | $566.1M | Add +2.6% |
| CNP Centerpoint Energy Inc. | 0.58% | 14,433,858 | $560.5M | Reduce -2.8% |
| NXPI NXP Semiconductors NV | 0.57% | 2,439,589 | $555.3M | Add +16.9% |
| LDOS Leidos Holdings Inc. | 0.56% | 2,892,087 | $547.3M | Reduce -0.6% |
| BKNG Booking Holdings Inc. | 0.56% | 100,806 | $543.8M | Reduce -0.2% |
| COF Capital One Financial Corp. | 0.56% | 2,556,953 | $543.6M | Add +1.7% |
| CHKP Check Point Software Tech | 0.55% | 2,562,702 | $530.4M | Reduce -12.7% |
| NVR NVR Inc. | 0.53% | 64,168 | $515.7M | Reduce -1.2% |
| MKL Markel Group Inc. | 0.53% | 269,262 | $514.9M | Reduce -1.0% |
| PPL PPL Corp. | 0.53% | 13,749,251 | $511.0M | Reduce -1.5% |
| TMUS T-Mobile US Inc. | 0.52% | 2,118,624 | $505.8M | Add +37.6% |
| GD General Dynamics Corp. | 0.52% | 1,478,713 | $504.7M | Add +4.4% |
| CHRW C.H. Robinson Worldwide Inc. | 0.51% | 3,731,363 | $494.4M | Add +6.1% |
| CMI Cummins Inc. | 0.49% | 1,119,400 | $473.5M | New |
| FDX FedEx Corp. | 0.48% | 1,983,928 | $468.2M | New |
| WAB Wabtec Corp. | 0.47% | 2,304,832 | $462.1M | Add +1.9% |
| SPG Simon Property Group Inc. | 0.47% | 2,446,272 | $459.0M | Add +2.2% |
| J Jacobs Solutions Inc. | 0.47% | 3,040,383 | $456.7M | Add +3.7% |
| RRC Range Resources Corp. | 0.46% | 11,817,550 | $445.2M | Add +59.3% |
| EXPD Expeditors Intl Wash Inc. | 0.45% | 3,563,274 | $436.9M | Reduce -0.8% |
| CDW CDW Corp. | 0.45% | 2,731,829 | $435.2M | Add +52.7% |
| SGI Somnigroup International Inc. | 0.45% | 5,136,395 | $433.2M | Reduce -5.0% |
| EVR Evercore Inc. Class A | 0.43% | 1,248,973 | $421.2M | Reduce -27.4% |
| SCHW Schwab (charles) Corp. | 0.43% | 4,393,851 | $419.1M | Add +4.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.43% | 8,080,463 | $417.0M | Reduce -3.9% |
| HD Home Depot Inc. | 0.43% | 1,026,794 | $414.9M | Add +29.3% |
| EWBC East West Bancorp Inc. | 0.42% | 3,874,737 | $412.5M | Add +19.6% |
| MAS Masco Corp. | 0.42% | 5,850,170 | $411.8M | Add +1.0% |
| CVE Cenovus Energy Inc. | 0.42% | 22,232,419 | $409.3M | Reduce -17.2% |
| AZN Astrazeneca PLC-Spons ADR | 0.42% | 5,247,449 | $405.0M | Add +5.2% |
| EBAY eBay Inc. | 0.42% | 4,441,338 | $404.0M | Reduce -5.0% |
| SSNC Ss&c Technologies Holdings | 0.40% | 4,436,658 | $393.9M | Reduce -1.9% |
| FAF First American Financial | 0.40% | 6,133,594 | $393.7M | Add +8.9% |
| IDCC Interdigital Inc. | 0.40% | 1,138,223 | $393.3M | Reduce -5.0% |
| NTAP Netapp Inc. | 0.40% | 3,317,605 | $393.0M | Add +12.6% |
| FTI Technipfmc PLC | 0.40% | 9,861,982 | $389.0M | Add +2.0% |
| GEN Gen Digital Inc. | 0.40% | 13,689,577 | $388.6M | Add +4.3% |
| HWM Howmet Aerospace Inc. | 0.40% | 1,979,995 | $388.5M | Reduce -34.1% |
| CG The Carlyle Group Inc. | 0.40% | 6,170,124 | $386.8M | Reduce -9.2% |
| TEL Te Connectivity PLC | 0.39% | 1,713,323 | $376.2M | Reduce -10.1% |
| EMR Emerson Electric Co. | 0.39% | 2,860,894 | $375.5M | Add +34.0% |
| FIS Fidelity National Info Serv | 0.38% | 5,650,102 | $373.2M | Reduce -52.2% |
| PKG Packaging Corp. of America | 0.37% | 1,664,470 | $362.7M | Add +26.9% |
| DTE DTE Energy Company | 0.37% | 2,556,911 | $361.6M | Add +2.1% |
| APTV Aptiv PLC | 0.37% | 4,194,909 | $361.4M | Add +29.2% |
| FTDR Frontdoor Inc. | 0.37% | 5,323,212 | $358.1M | Reduce -3.0% |
| SOLV Solventum Corp. | 0.35% | 4,630,300 | $338.0M | Add +26.1% |
| ZBRA Zebra Technologies Corp. Class A | 0.35% | 1,130,117 | $335.9M | Add +0.4% |
| RNR Renaissancere Holdings Ltd. | 0.34% | 1,295,238 | $329.0M | Reduce -11.0% |
| GNRC Generac Holdings Inc. | 0.34% | 1,947,332 | $326.0M | Add +7.1% |
| ARW Arrow Electronics Inc. | 0.33% | 2,680,239 | $324.5M | Reduce -2.2% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $89.0M (not counted above)
Total filed on the 13F, all lines: $97.4B.
Portfolio Sells Q2 2025 → Q3 2025
| NSC Norfolk Southern Corp. | Reduce -99.7% | 0.00% | −1.07 |
| FIS Fidelity National Info Serv | Reduce -52.2% | 0.38% | −0.68 |
| OKE Oneok Inc. | Reduce -91.3% | 0.04% | −0.46 |
| ELV Elevance Health Inc. | Reduce -83.7% | 0.05% | −0.36 |
| ORCL Oracle Corp. | Reduce -36.1% | 0.89% | −0.29 |
| MOS The Mosaic Co. | Reduce -89.9% | 0.03% | −0.28 |
| LPLA LPL Financial Holdings Inc. | Reduce -0.3% | 1.25% | −0.28 |
| CB Chubb Ltd. | Reduce -45.5% | 0.25% | −0.26 |
| TECK Teck Resources Ltd.-CLS B | Reduce -63.5% | 0.21% | −0.26 |
| LRCX Lam Research Corp. | Reduce -79.3% | 0.09% | −0.26 |
| KVUE Kenvue Inc. | Reduce -73.9% | 0.06% | −0.24 |
| FTV Fortive Corp. | Sold out | 0.00% | −0.23 |
| KBR KBR Inc. | Reduce -73.5% | 0.07% | −0.22 |
| HWM Howmet Aerospace Inc. | Reduce -34.1% | 0.40% | −0.22 |
| CHRD Chord Energy Corp. | Sold out | 0.00% | −0.20 |
| CROX Crocs Inc. | Sold out | 0.00% | −0.19 |
| JBL Jabil Inc. | Reduce -34.0% | 0.28% | −0.18 |
| CHKP Check Point Software Tech | Reduce -12.7% | 0.55% | −0.18 |
| MOH Molina Healthcare Inc. | Reduce -91.1% | 0.01% | −0.18 |
| CPAY Corpay Inc. | Reduce -0.6% | 0.67% | −0.17 |
| SLM SLM Corp. | Reduce -23.1% | 0.24% | −0.16 |
| FLS Flowserve Corp. | Reduce -59.7% | 0.09% | −0.15 |
| PRMB Primo Brands Corp. | Reduce -33.0% | 0.12% | −0.14 |
| SAIC Science Applications Inte | Reduce -56.4% | 0.07% | −0.12 |
| ABBV Abbvie Inc. | Reduce -23.0% | 0.91% | −0.12 |
| AZO AutoZone Inc. | Reduce -14.3% | 1.21% | −0.12 |
| TRMB Trimble Inc. | Reduce -28.9% | 0.25% | −0.11 |
| NOMD Nomad Foods Ltd. | Reduce -14.4% | 0.17% | −0.10 |
| KMPR Kemper Corp. | Reduce -94.2% | 0.00% | −0.10 |
| VNOM Viper Energy Inc. | Sold out | 0.00% | −0.09 |
| ESS Essex Property Trust Inc. | Reduce -24.1% | 0.18% | −0.09 |
| BKNG Booking Holdings Inc. | Reduce -0.2% | 0.56% | −0.09 |
| FCX Freeport-McMoran Inc. | Reduce -18.4% | 0.18% | −0.08 |
| EVR Evercore Inc. Class A | Reduce -27.4% | 0.43% | −0.08 |
| MAR Marriott International Class A | Reduce -30.4% | 0.13% | −0.08 |
| RBA RB Global Inc. | Reduce -16.3% | 0.29% | −0.08 |
| NRG NRG Energy Inc. | Reduce -32.3% | 0.13% | −0.08 |
| CTVA Corteva Inc. | Sold out | 0.00% | −0.08 |
| MKL Markel Group Inc. | Reduce -1.0% | 0.53% | −0.07 |
| RAL Ralliant Corp. | Sold out | 0.00% | −0.07 |
| EQT Eqt Corp. | Reduce -9.2% | 0.25% | −0.07 |
| SAND Sandstorm Gold Ltd. | Sold out | 0.00% | −0.07 |
| DRI Darden Restaurants Inc. | Reduce -19.9% | 0.12% | −0.07 |
| TTWO Take-Two Interactive Softwre | Sold out | 0.00% | −0.07 |
| EFX Equifax Inc. | Reduce -10.8% | 0.28% | −0.06 |
| PH Parker Hannifin Corp. | Reduce -32.4% | 0.13% | −0.06 |
| AN Autonation Inc. | Reduce -16.4% | 0.32% | −0.06 |
| RNR Renaissancere Holdings Ltd. | Reduce -11.0% | 0.34% | −0.05 |
| ARW Arrow Electronics Inc. | Reduce -2.2% | 0.33% | −0.05 |
| LNTH Lantheus Holdings Inc. | Sold out | 0.00% | −0.05 |
Portfolio Buys Q2 2025 → Q3 2025
| IQV Iqvia Holdings Inc. | New | 0.70% | +0.70 |
| CMI Cummins Inc. | New | 0.49% | +0.49 |
| FDX FedEx Corp. | New | 0.48% | +0.48 |
| KGC Kinross Gold Corp. | Add +1.6% | 1.16% | +0.37 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.32% | +0.32 |
| ODFL Old Dominion Freight Line | New | 0.30% | +0.30 |
| NEM Newmont Corp. | Add +49.3% | 0.60% | +0.30 |
| GEHC GE Healthcare Technology | New | 0.30% | +0.30 |
| DHI D.R. Horton Inc. | New | 0.28% | +0.28 |
| MU Micron Technology Inc. | Add +11.6% | 0.92% | +0.27 |
| WSM Williams-Sonoma Inc. | New | 0.26% | +0.26 |
| CRH CRH PLC | Add +1.7% | 1.21% | +0.22 |
| GOOGL Alphabet Inc. Class A | Add +1.0% | 0.97% | +0.21 |
| THC Tenet Healthcare Corp. | Add +38.8% | 0.66% | +0.21 |
| CACC Credit Acceptance Corp. | New | 0.21% | +0.21 |
| QGEN Qiagen N.V. | New | 0.18% | +0.18 |
| AMZN Amazon.com Inc. | Add +29.8% | 1.08% | +0.18 |
| DGX Quest Diagnostics Inc. | Add +32.8% | 0.79% | +0.18 |
| STE Steris PLC | New | 0.16% | +0.16 |
| UNH Unitedhealth Group Inc. | Add +26.0% | 0.69% | +0.16 |
| FE Firstenergy Corp. | Add +13.5% | 0.86% | +0.14 |
| CHRW C.H. Robinson Worldwide Inc. | Add +6.1% | 0.51% | +0.13 |
| URI United Rentals Inc. | Add +4.1% | 0.73% | +0.13 |
| APTV Aptiv PLC | Add +29.2% | 0.37% | +0.13 |
| ICLR Icon PLC | Add +1207.3% | 0.13% | +0.12 |
| RRC Range Resources Corp. | Add +59.3% | 0.46% | +0.12 |
| CVCO Cavco Industries Inc. | Add +82.8% | 0.22% | +0.12 |
| STX Seagate Technology Holdings | Add +2.4% | 0.33% | +0.12 |
| TMUS T-Mobile US Inc. | Add +37.6% | 0.52% | +0.11 |
| ALLE Allegion PLC | Add +1.0% | 0.87% | +0.11 |
| MPC Marathon Petroleum Corp. | Add +2.3% | 1.25% | +0.11 |
| STLD Steel Dynamics Inc. | New | 0.10% | +0.10 |
| LPX Louisiana-Pacific Corp. | New | 0.10% | +0.10 |
| HD Home Depot Inc. | Add +29.3% | 0.43% | +0.10 |
| TNET Trinet Group Inc. | New | 0.10% | +0.10 |
| PKG Packaging Corp. of America | Add +26.9% | 0.37% | +0.10 |
| VNOM Viper Energy Inc. Class A | New | 0.10% | +0.10 |
| OWL Blue Owl Capital Inc. | Add +121.9% | 0.21% | +0.09 |
| CDW CDW Corp. | Add +52.7% | 0.45% | +0.09 |
| BLDR Builders Firstsource Inc. | Add +73.0% | 0.23% | +0.09 |
| ITUB Itau Unibanco H-Spon PRF ADR | Add +1667.7% | 0.09% | +0.09 |
| ACN Accenture PLC Class A | New | 0.08% | +0.08 |
| MTB M & T Bank Corp. | Add +3440.3% | 0.09% | +0.08 |
| PR Permian Resources Corp. Class A | Add +76.2% | 0.23% | +0.08 |
| ALSN Allison Transmission Holding | Add +117.6% | 0.18% | +0.08 |
| ALL Allstate Corp. | Add +14.9% | 0.67% | +0.08 |
| DNOW Dnow Inc. | New | 0.07% | +0.07 |
| EMR Emerson Electric Co. | Add +34.0% | 0.39% | +0.07 |
| HUBB Hubbell Inc. | Add +30.7% | 0.33% | +0.07 |
| AJG Arthur J Gallagher & Co. | Add +40.0% | 0.33% | +0.07 |
Notes & Other Activity Q2 2025 → Q3 2025
| AGG iShares Core U.S. Aggregate | CORE US AGGBD ET · principal | Add +2.0% | 444,002 | $44.5M |
| BND Vanguard Total Bond Market | TOTAL BND MRKT · principal | Add +2.1% | 598,160 | $44.5M |
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 | 801 | $112.5B | AMZN, JPM, USFD, AMAT, FLEX |
| Q1 2026 | 767 | $95.5B | JPM, USFD, COR, MPC, LPLA |
| Q4 2025 | 751 | $96.5B | JPM, COR, LPLA, USFD, AMZN |
| Q3 2025 | 752 | $97.3B | JPM, COR, USFD, LPLA, MPC |
| Q2 2025Amended | 705 | $90.0B | JPM, LPLA, COR, AZO, USFD |
| Q1 2025 | 699 | $82.6B | JPM, COR, ABBV, AZO, LPLA |
| Q4 2024 | 705 | $82.1B | JPM, LPLA, GOOGL, COR, AZO |
| Q3 2024 | 701 | $84.6B | JPM, ORCL, AZO, GOOGL, COR |
| Q2 2024 | 698 | $80.4B | JPM, GOOGL, AZO, COR, BRK.B |
| Q1 2024Amended | 764 | $83.9B | JPM, AZO, GOOGL, BRK.B, COR |