Brown, Lisle/Cummings, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 10, 2025), Brown, Lisle/Cummings, Inc. reported 759 stock positions worth $389.6 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 4.4% of the portfolio, followed by Microsoft (MSFT, 3.9%) and Apple (AAPL, 3.3%). Compared with Q2 2025, it opened 11 new positions, sold out of 24, added to 57 and reduced 125. The biggest buy was Blackstone (BX, shares +5%) and the biggest sale Accenture Class A (ACN, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- PROVIDENCE, RI
- CIK
- 0000014745
- Portfolio Value
- $389.6M (Q3 2025)
- SEC Filing
- 0000014745-25-000008 ↗ filed Oct 10, 2025
Holdings Value
Holdings 759 stocks · $389.6M
| SPY SS SPDR S&P 500 ETF Trust-US | 4.42% | 25,860 | $17.2M | Reduce -1.1% |
| MSFT Microsoft Corp. | 3.91% | 29,420 | $15.2M | Reduce -1.0% |
| AAPL Apple Inc. | 3.29% | 50,276 | $12.8M | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 3.26% | 52,201 | $12.7M | Reduce -0.4% |
| AMZN Amazon.com Inc. | 2.86% | 50,832 | $11.2M | Add +2.3% |
| ICE Intercontinental Exchange Inc. | 2.74% | 63,268 | $10.7M | Reduce -0.5% |
| GOOG Alphabet Inc. Class C | 1.96% | 31,294 | $7.6M | Reduce -0.8% |
| BSX Boston Scientific Corp. | 1.89% | 75,343 | $7.4M | Reduce -0.3% |
| JPM JPMorgan Chase & Co. | 1.79% | 22,084 | $7.0M | Add +1.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.67% | 70,826 | $6.5M | Reduce -6.9% |
| ABBV Abbvie Inc. | 1.67% | 28,045 | $6.5M | No change |
| AMGN Amgen Inc. | 1.65% | 22,714 | $6.4M | Reduce -1.6% |
| META Meta Platforms Inc. Class A | 1.64% | 8,681 | $6.4M | Reduce -0.2% |
| ACN Accenture PLC Class A | 1.53% | 24,101 | $5.9M | Reduce -0.4% |
| VEEV Veeva Systems Inc. Class A | 1.39% | 18,238 | $5.4M | No change |
| NVDA Nvidia Corp. | 1.37% | 28,521 | $5.3M | Reduce -1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.33% | 10,320 | $5.2M | Reduce -0.3% |
| NFLX Netflix Inc. | 1.33% | 4,323 | $5.2M | Add +0.6% |
| BX Blackstone Inc. | 1.21% | 27,645 | $4.7M | Add +4.8% |
| LHX L3HARRIS Technologies Inc. | 1.20% | 15,294 | $4.7M | No change |
| CNI Canadian Natl Railway Co. | 1.19% | 48,978 | $4.6M | Reduce -0.6% |
| MRSH Marsh & McLennan Cos | 1.05% | 20,347 | $4.1M | Add +10.3% |
| SUB iShares Short-Term National | 1.02% | 37,237 | $4.0M | No change |
| WPC WP Carey Inc. | 0.93% | 53,601 | $3.6M | Add +11.3% |
| CMI Cummins Inc. | 0.92% | 8,512 | $3.6M | No change |
| VRT Vertiv Holdings Co. Class A | 0.91% | 23,512 | $3.5M | No change |
| ECL Ecolab Inc. | 0.90% | 12,799 | $3.5M | Reduce -2.7% |
| XOM Exxon Mobil Corp. | 0.88% | 30,503 | $3.4M | Reduce -0.8% |
| HON Honeywell International Inc. | 0.85% | 15,736 | $3.3M | Add +3.7% |
| TMO Thermo Fisher Scientific Inc. | 0.85% | 6,806 | $3.3M | Reduce -2.9% |
| COST Costco Wholesale Corp. | 0.81% | 3,426 | $3.2M | Add +0.9% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.78% | 54,883 | $3.0M | Reduce -2.1% |
| V Visa Inc. Class A | 0.77% | 8,776 | $3.0M | Reduce -0.3% |
| TXN Texas Instruments Inc. | 0.77% | 16,244 | $3.0M | No change |
| ARCC Ares Capital Corp. | 0.76% | 145,366 | $3.0M | Reduce -0.5% |
| MINT PIMCO Enhanced Short Maturit | 0.75% | 29,004 | $2.9M | Reduce -22.9% |
| FISV Fiserv Inc. | 0.72% | 21,794 | $2.8M | Reduce -0.7% |
| MRK Merck & Co. Inc. | 0.70% | 32,660 | $2.7M | Reduce -1.3% |
| RTX RTX Corp. | 0.67% | 15,495 | $2.6M | Reduce -1.0% |
| IWF iShares Russell 1000 Growth | 0.66% | 5,497 | $2.6M | No change |
| SYK Stryker Corp. | 0.65% | 6,876 | $2.5M | No change |
| LLY Eli Lilly & Co. | 0.65% | 3,320 | $2.5M | Reduce -1.9% |
| PANW Palo Alto Networks Inc. | 0.65% | 12,362 | $2.5M | No change |
| CVX Chevron Corp. | 0.63% | 15,872 | $2.5M | Reduce -1.4% |
| JNJ Johnson & Johnson | 0.62% | 13,098 | $2.4M | Reduce -1.3% |
| XLI SS Industrial Select Sector | 0.61% | 15,448 | $2.4M | Reduce -0.8% |
| TSLA Tesla Inc. | 0.59% | 5,205 | $2.3M | Reduce -5.5% |
| SYY Sysco Corp. | 0.54% | 25,608 | $2.1M | No change |
| DE Deere & Co. | 0.54% | 4,588 | $2.1M | Reduce -0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.50% | 38,127 | $2.0M | Reduce -1.9% |
| SCHW Schwab (charles) Corp. | 0.47% | 19,119 | $1.8M | No change |
| CL Colgate-Palmolive Co. | 0.46% | 22,184 | $1.8M | Reduce -0.7% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.45% | 5,755 | $1.8M | No change |
| NOC Northrop Grumman Corp. | 0.45% | 2,905 | $1.8M | Reduce -3.4% |
| LMT Lockheed Martin Corp. | 0.45% | 3,504 | $1.7M | Reduce -0.1% |
| PG The Procter & Gamble Co. | 0.44% | 11,035 | $1.7M | Reduce -0.3% |
| PFE Pfizer Inc. | 0.42% | 64,536 | $1.6M | Reduce -7.3% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.41% | 15,395 | $1.6M | Reduce -31.7% |
| CSCO Cisco Systems Inc. | 0.40% | 23,060 | $1.6M | Reduce -4.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.40% | 4,758 | $1.6M | Reduce -0.9% |
| VEU Vanguard Ftse All-World Ex-U | 0.39% | 21,417 | $1.5M | Add +0.0% |
| TR Tootsie Roll Inds | 0.39% | 36,428 | $1.5M | Reduce -3.0% |
| PEP Pepsico Inc. | 0.38% | 10,663 | $1.5M | Add +7.1% |
| SPYI Neos S&P 500 High Income ETF | 0.38% | 28,200 | $1.5M | Reduce -3.3% |
| EFAA Invesco MSCI Eafe Income Adv | 0.37% | 27,393 | $1.4M | Add +32.9% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.37% | 17,905 | $1.4M | Add +1.0% |
| CFG Citizens Financial Group | 0.36% | 26,163 | $1.4M | Reduce -7.9% |
| MMM 3M Co. | 0.35% | 8,875 | $1.4M | Reduce -1.2% |
| IJH iShares Core S&P Midcap ETF | 0.35% | 20,708 | $1.4M | Reduce -10.2% |
| VZ Verizon Communications Inc. | 0.34% | 30,500 | $1.3M | Add +0.1% |
| CSX CSX Corp. | 0.34% | 37,203 | $1.3M | Add +5.1% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.33% | 16,780 | $1.3M | No change |
| CRM Salesforce Inc. | 0.33% | 5,417 | $1.3M | Add +2.5% |
| T AT&T Inc. | 0.33% | 45,461 | $1.3M | Reduce -0.8% |
| KO The Coca-Cola Co. | 0.32% | 19,021 | $1.3M | Reduce -1.0% |
| GLW Corning Inc. | 0.32% | 15,310 | $1.3M | Reduce -10.5% |
| PLTR Palantir Technologies Inc. Class A | 0.32% | 6,817 | $1.2M | Reduce -6.1% |
| XLP SS Consumer Staples Sel Sect | 0.32% | 15,708 | $1.2M | No change |
| CAT Caterpillar Inc. | 0.32% | 2,573 | $1.2M | Reduce -1.7% |
| SHOP Shopify Inc. Class A | 0.31% | 8,125 | $1.2M | Reduce -1.4% |
| NEE Nextera Energy Inc. | 0.31% | 15,907 | $1.2M | No change |
| WASH Washington Trust Bancorp | 0.30% | 40,907 | $1.2M | Add +22.3% |
| VHT Vanguard Health Care ETF | 0.30% | 4,530 | $1.2M | Reduce -8.9% |
| ISRG Intuitive Surgical Inc. | 0.30% | 2,624 | $1.2M | Add +2.3% |
| ADP Automatic Data Processing | 0.28% | 3,677 | $1.1M | No change |
| ASML ASML Holding NV-NY Reg SHS | 0.27% | 1,106 | $1.1M | No change |
| VGT Vanguard Info Tech ETF | 0.27% | 1,425 | $1.1M | Add +0.7% |
| PNC PNC Financial Services Group | 0.27% | 5,283 | $1.1M | No change |
| TOL Toll Brothers Inc. | 0.27% | 7,600 | $1.0M | No change |
| QCOM Qualcomm Inc. | 0.27% | 6,288 | $1.0M | Reduce -0.9% |
| XLB SS Materials Select Sector | 0.26% | 11,151 | $999K | Reduce -1.6% |
| SWK Stanley Black & Decker Inc. | 0.26% | 13,400 | $996K | Reduce -1.0% |
| GD General Dynamics Corp. | 0.26% | 2,918 | $995K | Reduce -1.9% |
| CPB The Campbell's Company | 0.26% | 31,511 | $995K | Add +15.5% |
| CMCSA Comcast Corp. Class A | 0.25% | 31,574 | $992K | Add +0.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.25% | 1,649 | $990K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.25% | 5,307 | $990K | Add +6.4% |
| CVS CVS Health Corp. | 0.25% | 12,873 | $970K | Reduce -1.6% |
| BMY Bristol-Myers Squibb Co. | 0.24% | 20,898 | $943K | Add +10.0% |
| ENB Enbridge Inc. | 0.24% | 18,392 | $928K | Reduce -0.7% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $100 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | 1,276 | $100 | No change |
Total filed on the 13F, all lines: $389.6M.
Portfolio Sells Q2 2025 → Q3 2025
| ACN Accenture PLC Class A | Reduce -0.4% | 1.53% | −0.40 |
| ICE Intercontinental Exchange Inc. | Reduce -0.5% | 2.74% | −0.37 |
| FISV Fiserv Inc. | Reduce -0.7% | 0.72% | −0.29 |
| BSX Boston Scientific Corp. | Reduce -0.3% | 1.89% | −0.27 |
| MINT PIMCO Enhanced Short Maturit | Reduce -22.9% | 0.75% | −0.26 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -2.1% | 0.78% | −0.25 |
| VRP Invesco Variable Rate Prefer | Reduce -59.7% | 0.13% | −0.19 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -6.9% | 1.67% | −0.19 |
| CNI Canadian Natl Railway Co. | Reduce -0.6% | 1.19% | −0.18 |
| TROW T Rowe Price Group Inc. | Reduce -31.7% | 0.41% | −0.17 |
| AZEK The Azek Co. Inc. | Sold out | 0.00% | −0.12 |
| ARCC Ares Capital Corp. | Reduce -0.5% | 0.76% | −0.09 |
| CL Colgate-Palmolive Co. | Reduce -0.7% | 0.46% | −0.09 |
| DE Deere & Co. | Reduce -0.1% | 0.54% | −0.08 |
| META Meta Platforms Inc. Class A | Reduce -0.2% | 1.64% | −0.07 |
| PKG Packaging Corp. of America | Reduce -69.0% | 0.04% | −0.07 |
| AMGN Amgen Inc. | Reduce -1.6% | 1.65% | −0.07 |
| XLV SS Health Care Select Sector | Reduce -49.9% | 0.07% | −0.07 |
| ALGN Align Technology Inc. | Sold out | 0.00% | −0.07 |
| V Visa Inc. Class A | Reduce -0.3% | 0.77% | −0.06 |
| KHC The Kraft Heinz Co. | Reduce -27.7% | 0.14% | −0.06 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.06 |
| CGNX Cognex Corp. | Sold out | 0.00% | −0.06 |
| LLY Eli Lilly & Co. | Reduce -1.9% | 0.65% | −0.05 |
| CNX CNX Resources Corp. | Reduce -53.2% | 0.04% | −0.05 |
| ECL Ecolab Inc. | Reduce -2.7% | 0.90% | −0.04 |
| CSCO Cisco Systems Inc. | Reduce -4.9% | 0.40% | −0.04 |
| RYN Rayonier Inc. | Reduce -74.3% | 0.02% | −0.04 |
| KO The Coca-Cola Co. | Reduce -1.0% | 0.32% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -0.3% | 0.44% | −0.03 |
| IJH iShares Core S&P Midcap ETF | Reduce -10.2% | 0.35% | −0.03 |
| ZTS Zoetis Inc. | Reduce -24.8% | 0.07% | −0.03 |
| SBUX Starbucks Corp. | Reduce -3.9% | 0.17% | −0.03 |
| IBM Intl Business Machines Corp. | Reduce -4.4% | 0.20% | −0.03 |
| PFE Pfizer Inc. | Reduce -7.3% | 0.42% | −0.03 |
| VHT Vanguard Health Care ETF | Reduce -8.9% | 0.30% | −0.03 |
| NDAQ Nasdaq Inc. | Reduce -7.9% | 0.18% | −0.03 |
| BOND PIMCO Active Bond Exchange-T | Reduce -25.3% | 0.07% | −0.02 |
| T AT&T Inc. | Reduce -0.8% | 0.33% | −0.02 |
| MSFT Microsoft Corp. | Reduce -1.0% | 3.91% | −0.02 |
| DIS The Walt Disney Co. | Reduce -1.6% | 0.14% | −0.02 |
| STZ Constellation Brands Inc. Class A | Reduce -0.1% | 0.07% | −0.02 |
| EMR Emerson Electric Co. | Reduce -3.4% | 0.17% | −0.02 |
| BROOKLINE BANCORP INC | Sold out | 0.00% | −0.01 |
| BUD Anheuser-Busch Inbev-SPN ADR | Reduce -80.2% | 0.00% | −0.01 |
| SPYI Neos S&P 500 High Income ETF | Reduce -3.3% | 0.38% | −0.01 |
| ETN Eaton Corp. PLC | Reduce -20.6% | 0.05% | −0.01 |
| ABT Abbott Laboratories | Reduce -2.3% | 0.14% | −0.01 |
| CLX Clorox Company | Reduce -15.2% | 0.06% | −0.01 |
| MMM 3M Co. | Reduce -1.2% | 0.35% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| BX Blackstone Inc. | Add +4.8% | 1.21% | +0.16 |
| CRWV Coreweave Inc. Class A | New | 0.15% | +0.15 |
| WPC WP Carey Inc. | Add +11.3% | 0.93% | +0.13 |
| JPM JPMorgan Chase & Co. | Add +1.4% | 1.79% | +0.11 |
| EFAA Invesco MSCI Eafe Income Adv | Add +32.9% | 0.37% | +0.09 |
| BNY Bank of New York Mellon Corp. | Add +41.9% | 0.22% | +0.09 |
| WASH Washington Trust Bancorp | Add +22.3% | 0.30% | +0.05 |
| BINC iShares Flex I A ETF-Usd Inc. | New | 0.05% | +0.05 |
| JHX James Hardie Ind PLC | New | 0.04% | +0.04 |
| PEP Pepsico Inc. | Add +7.1% | 0.38% | +0.03 |
| CPB The Campbell's Company | Add +15.5% | 0.26% | +0.03 |
| CSX CSX Corp. | Add +5.1% | 0.34% | +0.03 |
| IQQQ Proshares NDX High Incom ETF | New | 0.03% | +0.03 |
| ISPY Proshares S&P High Incom ETF | New | 0.03% | +0.03 |
| KMI Kinder Morgan Inc. | Add +123.3% | 0.05% | +0.03 |
| C Citigroup Inc. | Add +0.4% | 0.19% | +0.03 |
| VGT Vanguard Info Tech ETF | Add +0.7% | 0.27% | +0.02 |
| CI The Cigna Group | Add +31.9% | 0.23% | +0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +6.4% | 0.25% | +0.02 |
| OLN Olin Corp. | Add +32.6% | 0.04% | +0.01 |
| MRVL Marvell Technology Inc. | Add +12.2% | 0.09% | +0.01 |
| RSPA Invesco S&P 500 Ew Income Ad | Add +571.4% | 0.02% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +0.9% | 0.22% | +0.01 |
| BBT Beacon Financial Corp. | New | 0.01% | +0.01 |
| PRM Perimeter Solutions Inc. | New | 0.01% | +0.01 |
| BP BP PLC-Spons ADR | Add +53.1% | 0.03% | +0.01 |
| VEU Vanguard Ftse All-World Ex-U | Add +0.0% | 0.39% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Add +10.0% | 0.24% | +0.01 |
| F Ford Motor Co. | Add +2.0% | 0.08% | +0.01 |
| MDY State Street SPDR S&P Midcap | Add +110.0% | 0.01% | +0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.0% | 0.15% | +0.01 |
| EEM iShares MSCI Emerging Market | Add +11.7% | 0.03% | +0.00 |
| VXUS Vanguard Total Intl Stock | Add +0.1% | 0.16% | +0.00 |
| GGN Gamco GLBL Gold NTRL Res Inc. | Add +0.8% | 0.03% | +0.00 |
| O Realty Income Corp. | Add +2.0% | 0.08% | +0.00 |
| IDV iShares International Select | Add +0.1% | 0.13% | +0.00 |
| ADBE Adobe Inc. | Add +27.4% | 0.02% | +0.00 |
| FLS Flowserve Corp. | New | 0.00% | +0.00 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +1.3% | 0.05% | +0.00 |
| PSKY Paramount Skydance Class B | New | 0.00% | +0.00 |
| BMEZ BlackRock HLTH Sci TRM TR II | Add +3.4% | 0.17% | +0.00 |
| IEV iShares Europe ETF | New | 0.00% | +0.00 |
| IUSV iShares Core S&P U.S. Value | Add +25.0% | 0.00% | +0.00 |
| HBI Hanesbrands Inc. | New | 0.00% | +0.00 |
| AROW Arrow Financial Corp. | Add +1.0% | 0.01% | +0.00 |
| IAF Abrdn Australia Equity FD Inc. | Add +2.7% | 0.01% | +0.00 |
| BCE Bce Inc. | Add +0.5% | 0.01% | +0.00 |
| CBU Community Financial System I | Add +0.7% | 0.01% | 0.00 |
| UPS United Parcel Service Class B | Add +25.3% | 0.17% | 0.00 |
| ASIX Advansix Inc. | Add +10.0% | 0.00% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,053 | $445.8M | SPY, GOOGL, AAPL, AMZN, MSFT |
| Q1 2026 | 1,020 | $400.4M | SPY, GOOGL, AAPL, AMZN, MSFT |
| Q4 2025 | 742 | $405.9M | SPY, GOOGL, MSFT, AAPL, AMZN |
| Q3 2025 | 759 | $389.6M | SPY, MSFT, AAPL, GOOGL, AMZN |
| Q2 2025 | 772 | $375.8M | SPY, MSFT, ICE, AMZN, AAPL |
| Q1 2025 | 784 | $345.0M | SPY, AAPL, MSFT, ICE, AMZN |
| Q4 2024 | 638 | $335.1M | SPY, MSFT, AAPL, AMZN, GOOGL |
| Q3 2024 | 619 | $329.1M | SPY, MSFT, AAPL, ICE, ACN |
| Q2 2024 | 613 | $306.9M | SPY, MSFT, AAPL, GOOGL, ICE |
| Q1 2024 | 558 | $294.4M | SPY, MSFT, AAPL, ACN, ICE |