Burke & Herbert Bank & Trust Co.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 23, 2024), Burke & Herbert Bank & Trust Co. reported 229 stock positions worth $430.0 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 5.3% of the portfolio, followed by Microsoft (MSFT, 4.7%) and Burke & Herbert Financial (BHRB, 3.7%). Compared with Q2 2024, it opened 9 new positions, sold out of 5, added to 24 and reduced 118. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +2488%) and the biggest sale an exit from Invesco QQQ TR Unit Ser 1.

Most Recent 13F
Q2 2026
Location
ALEXANDRIA, VA
CIK
0001101250
Portfolio Value
$430.0M (Q3 2024)
SEC Filing
0001140361-24-044014 ↗ filed Oct 23, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $132.8M Q1 2024 Q2 2024: $411.4M Q2 2024 Q3 2024: $430.0M $430.0M Q3 2024 Q4 2024: $421.7M Q4 2024 Q1 2025: $415.6M Q1 2025 Q2 2025: $446.3M Q2 2025 Q3 2025: $465.3M Q3 2025 Q4 2025: $362.1M Q4 2025 Q1 2026: $361.9M Q1 2026 Q2 2026: $403.4M Q2 2026

Holdings 229 stocks · $430.0M
SPY SS SPDR S&P 500 ETF Trust-US 5.29% 39,671 $22.8M Add +1.1%
MSFT Microsoft Corp. 4.65% 46,481 $20.0M Reduce -3.0%
BHRB Burke & Herbert Financial SE 3.71% 261,857 $16.0M Reduce -15.1%
AAPL Apple Inc. 3.58% 66,088 $15.4M Reduce -2.3%
IJR iShares Core S&P Small-Cap E 2.28% 83,643 $9.8M Reduce -0.2%
XOM Exxon Mobil Corp. 2.09% 76,708 $9.0M Reduce -4.1%
RSP Invesco S&P 500 Equal Weight 2.03% 48,623 $8.7M Reduce -2.6%
EFA iShares MSCI Eafe ETF 2.00% 102,963 $8.6M Add +3.6%
LLY Eli Lilly & Co. 1.99% 9,677 $8.6M Reduce -7.7%
PG The Procter & Gamble Co. 1.98% 49,278 $8.5M Reduce -0.9%
IJH iShares Core S&P Midcap ETF 1.97% 136,236 $8.5M Add +1.6%
JNJ Johnson & Johnson 1.95% 51,798 $8.4M Reduce -2.4%
KO The Coca-Cola Co. 1.58% 94,339 $6.8M Reduce -0.5%
IVV iShares Core S&P 500 ETF 1.53% 11,370 $6.6M Reduce -1.0%
AGG iShares Core U.S. Aggregate 1.50% 63,520 $6.4M Add +7.7%
DVY iShares Select Dividend ETF 1.33% 42,327 $5.7M Add +2.6%
HD Home Depot Inc. 1.25% 13,307 $5.4M Reduce -5.1%
QQQ Invesco QQQ Trust Series 1 1.24% 10,948 $5.3M Add +2488.2%
IWM iShares Russell 2000 ETF 1.07% 20,814 $4.6M Reduce -3.3%
ABBV Abbvie Inc. 0.95% 20,687 $4.1M Reduce -3.8%
PEP Pepsico Inc. 0.93% 23,472 $4.0M Reduce -2.4%
NSC Norfolk Southern Corp. 0.92% 15,896 $4.0M Reduce -1.8%
CSX CSX Corp. 0.91% 112,855 $3.9M Reduce -4.5%
JPM JPMorgan Chase & Co. 0.90% 18,342 $3.9M Reduce -2.9%
IWR iShares Russell Mid-Cap ETF 0.89% 43,387 $3.8M Reduce -0.2%
HDV iShares Core High Dividend E 0.89% 32,415 $3.8M Reduce -1.4%
WMT Walmart Inc. 0.87% 46,311 $3.7M Reduce -3.0%
PFF iShares Preferred & Income S 0.85% 110,032 $3.7M Reduce -0.5%
SPYG SS SPDR P S&P 500 Growth ETF 0.80% 41,501 $3.4M Add +5.4%
WM Waste Management Inc. 0.79% 16,445 $3.4M Reduce -2.8%
CVX Chevron Corp. 0.77% 22,613 $3.3M Reduce -1.3%
GOOGL Alphabet Inc. Class A 0.77% 19,866 $3.3M Reduce -0.2%
EEM iShares MSCI Emerging Market 0.70% 65,510 $3.0M Reduce -2.8%
IWF iShares Russell 1000 Growth 0.67% 7,617 $2.9M Reduce -1.5%
RTX RTX Corp. 0.66% 23,530 $2.9M Reduce -0.3%
VYM Vanguard High DVD Yield ETF 0.64% 21,341 $2.7M Add +10.3%
BRK.B Berkshire Hathaway Inc. Class B 0.63% 5,891 $2.7M No change
MRK Merck & Co. Inc. 0.61% 23,181 $2.6M Reduce -0.7%
VWO Vanguard Ftse Emerging Marke 0.60% 54,094 $2.6M Reduce -1.3%
LOW Lowe's Cos Inc. 0.60% 9,468 $2.6M No change
CSCO Cisco Systems Inc. 0.59% 47,868 $2.5M Reduce -3.3%
PM Philip Morris International 0.59% 20,896 $2.5M No change
AMZN Amazon.com Inc. 0.58% 13,384 $2.5M Reduce -5.4%
IEI iShares 3-7 Year Treasury Bo 0.58% 20,834 $2.5M No change
XLI SS Industrial Select Sector 0.56% 17,878 $2.4M Reduce -9.0%
PAVE Global X US Infrastructure 0.56% 58,805 $2.4M Reduce -1.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.56% 24,913 $2.4M Reduce -2.6%
IGSB iShares 1-5Y Inv Grade Corp. 0.54% 44,183 $2.3M Reduce -1.2%
EMXC iShares MSCI Emr MRK Ex Chna 0.54% 37,985 $2.3M Add +3.4%
FISV Fiserv Inc. 0.54% 12,850 $2.3M Reduce -0.7%
PFE Pfizer Inc. 0.52% 77,728 $2.2M Add +1.8%
VEU Vanguard Ftse All-World Ex-U 0.52% 35,595 $2.2M Reduce -0.7%
SMH Vaneck Semiconductor ETF 0.52% 9,065 $2.2M Reduce -3.1%
VZ Verizon Communications Inc. 0.51% 48,811 $2.2M Reduce -0.8%
META Meta Platforms Inc. Class A 0.51% 3,829 $2.2M Reduce -1.9%
EMR Emerson Electric Co. 0.51% 19,877 $2.2M No change
AXP American Express Co. 0.49% 7,737 $2.1M Reduce -0.1%
IWD iShares Russell 1000 Value E 0.48% 10,925 $2.1M No change
IXN iShares Global Tech ETF 0.47% 24,528 $2.0M No change
VEA Vanguard Ftse Developed ETF 0.47% 38,117 $2.0M Reduce -7.7%
CI The Cigna Group 0.46% 5,703 $2.0M No change
XLF SS Financial Select Sector 0.45% 42,610 $1.9M Reduce -1.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.43% 46,466 $1.8M Add +0.8%
COST Costco Wholesale Corp. 0.43% 2,074 $1.8M Reduce -0.1%
NEE Nextera Energy Inc. 0.43% 21,718 $1.8M Reduce -3.6%
IVW iShares S&P 500 Growth ETF 0.42% 19,006 $1.8M Reduce -1.1%
ABT Abbott Laboratories 0.41% 15,407 $1.8M Reduce -3.0%
QQEW First TR Nasdaq-100 Sel Eq 0.40% 13,753 $1.7M Reduce -4.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.40% 7,778 $1.7M Add +1.5%
FCBC First Community Bankshares 0.38% 38,205 $1.6M Reduce -0.3%
CL Colgate-Palmolive Co. 0.38% 15,835 $1.6M Reduce -5.2%
CAT Caterpillar Inc. 0.38% 4,189 $1.6M Reduce -3.7%
ICE Intercontinental Exchange Inc. 0.37% 9,978 $1.6M No change
ADP Automatic Data Processing 0.37% 5,714 $1.6M Reduce -6.2%
MCD McDonald's Corp. 0.36% 5,148 $1.6M Reduce -2.7%
HON Honeywell International Inc. 0.36% 7,481 $1.5M Reduce -0.1%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.35% 19,008 $1.5M Reduce -1.5%
CIBR First Trust Nasdaq Cybersecu 0.35% 25,537 $1.5M Reduce -6.0%
GD General Dynamics Corp. 0.35% 4,997 $1.5M Reduce -4.8%
DUK Duke Energy Corp. 0.35% 13,091 $1.5M Reduce -3.1%
IWP iShares Russell Mid-Cap Grow 0.34% 12,524 $1.5M Reduce -2.8%
VRP Invesco Variable Rate Prefer 0.34% 59,965 $1.5M Add +0.8%
GOOG Alphabet Inc. Class C 0.34% 8,684 $1.5M Reduce -1.5%
SO The Southern Co. 0.34% 16,055 $1.4M Reduce -1.1%
GE General Electric filed as GE AEROSPACE 0.34% 7,666 $1.4M Reduce -1.3%
SHY iShares 1-3 Year Treasury Bo 0.33% 17,193 $1.4M Reduce -3.8%
BRK.A Berkshire Hathaway Inc. Class A 0.32% 2 $1.4M No change
ADSK Autodesk Inc. 0.32% 5,000 $1.4M No change
SHW The Sherwin-Williams Co. 0.32% 3,570 $1.4M No change
COF Capital One Financial Corp. 0.31% 8,926 $1.3M Add +19.7%
ORCL Oracle Corp. 0.31% 7,819 $1.3M Reduce -0.7%
APD Air Products & Chemicals Inc. 0.30% 4,400 $1.3M No change
IBB iShares Biotechnology ETF 0.29% 8,704 $1.3M Reduce -12.0%
XLK SS Technology Select Sector 0.29% 5,605 $1.3M Reduce -1.1%
WFC Wells Fargo & Co. 0.29% 22,361 $1.3M Reduce -1.8%
UBER Uber Technologies Inc. 0.29% 16,700 $1.3M No change
D Dominion Energy Inc. 0.29% 21,481 $1.2M Reduce -3.3%
AEP American Electric Power 0.28% 11,834 $1.2M Reduce -1.7%
XLE SS Energy Select Sector 0.28% 13,745 $1.2M Reduce -16.1%
T AT&T Inc. 0.28% 54,336 $1.2M Reduce -7.1%

Show all 229 holdings

Portfolio Sells Q2 2024 → Q3 2024
INVESCO QQQ TR UNIT SER 1 Sold out 0.00% −1.22
MSFT Microsoft Corp. Reduce -3.0% 4.65% −0.55
LLY Eli Lilly & Co. Reduce -7.7% 1.99% −0.31
XOM Exxon Mobil Corp. Reduce -4.1% 2.09% −0.15
MFC Manulife Financial Corp. Reduce -60.4% 0.09% −0.12
INTC Intel Corp. Reduce -5.5% 0.25% −0.12
EW Edwards Lifesciences Corp. Reduce -0.2% 0.25% −0.12
GOOGL Alphabet Inc. Class A Reduce -0.2% 0.77% −0.11
BHRB Burke & Herbert Financial SE Reduce -15.1% 3.71% −0.11
NVDA Nvidia Corp. Reduce -22.5% 0.26% −0.10
CVX Chevron Corp. Reduce -1.3% 0.77% −0.10
MRK Merck & Co. Inc. Reduce -0.7% 0.61% −0.09
RZV Invesco S&P Smallcap 600 Pur Sold out 0.00% −0.09
AMZN Amazon.com Inc. Reduce -5.4% 0.58% −0.08
WM Waste Management Inc. Reduce -2.8% 0.79% −0.08
XLE SS Energy Select Sector Reduce -16.1% 0.28% −0.08
SRLN SS Blackstone Sr Loan ETF Sold out 0.00% −0.08
TRAVELERS COMPANIES INC Sold out 0.00% −0.08
SMH Vaneck Semiconductor ETF Reduce -3.1% 0.52% −0.08
QLD Proshares Ultra QQQ Reduce -21.3% 0.23% −0.07
IAU iShares Gold Trust Sold out 0.00% −0.07
ADBE Adobe Inc. Reduce -41.8% 0.07% −0.06
COM Direxion Auspice BRD Cmdty Reduce -27.8% 0.13% −0.06
DIS The Walt Disney Co. Reduce -2.6% 0.56% −0.06
GOOG Alphabet Inc. Class C Reduce -1.5% 0.34% −0.06
CSX CSX Corp. Reduce -4.5% 0.91% −0.05
KMB Kimberly-Clark Corp. Reduce -33.5% 0.10% −0.05
AMAT Applied Materials Inc. Reduce -2.5% 0.19% −0.05
AMLP Alerian MLP ETF Reduce -18.9% 0.13% −0.04
TFC Truist Financial Corp. Reduce -18.7% 0.24% −0.04
BA The Boeing Co. Reduce -0.1% 0.15% −0.04
SPHB Invesco S&P 500 High Beta Et Reduce -14.3% 0.23% −0.04
IBB iShares Biotechnology ETF Reduce -12.0% 0.29% −0.04
WFC Wells Fargo & Co. Reduce -1.8% 0.29% −0.03
PEP Pepsico Inc. Reduce -2.4% 0.93% −0.03
COP Conocophillips Reduce -1.3% 0.21% −0.03
HON Honeywell International Inc. Reduce -0.1% 0.36% −0.03
JPM JPMorgan Chase & Co. Reduce -2.9% 0.90% −0.03
SLB SLB Ltd. Reduce -7.7% 0.11% −0.03
VOO Vanguard S&P 500 ETF Reduce -27.4% 0.08% −0.03
QQEW First TR Nasdaq-100 Sel Eq Reduce -4.0% 0.40% −0.03
VEA Vanguard Ftse Developed ETF Reduce -7.7% 0.47% −0.03
ROBO Robo Global Robotics and Aut Reduce -9.3% 0.24% −0.03
BEN Franklin Templeton Inc. Reduce -23.1% 0.05% −0.03
INTU Intuit Inc. Reduce -1.9% 0.18% −0.02
SHY iShares 1-3 Year Treasury Bo Reduce -3.8% 0.33% −0.02
ELV Elevance Health Inc. Reduce -1.4% 0.20% −0.02
CIBR First Trust Nasdaq Cybersecu Reduce -6.0% 0.35% −0.02
IWF iShares Russell 1000 Growth Reduce -1.5% 0.67% −0.02
GD General Dynamics Corp. Reduce -4.8% 0.35% −0.02

Portfolio Buys Q2 2024 → Q3 2024
QQQ Invesco QQQ Trust Series 1 Add +2488.2% 1.24% +1.19
346A TRACT HOLDINGS LLC New 0.22% +0.22
DVY iShares Select Dividend ETF Add +2.6% 1.33% +0.12
EFA iShares MSCI Eafe ETF Add +3.6% 2.00% +0.11
CARR Carrier Global Corp. New 0.11% +0.11
SPY SS SPDR S&P 500 ETF Trust-US Add +1.1% 5.29% +0.10
AGG iShares Core U.S. Aggregate Add +7.7% 1.50% +0.10
TRV The Travelers Cos Inc. New 0.09% +0.09
VYM Vanguard High DVD Yield ETF Add +10.3% 0.64% +0.08
IBM Intl Business Machines Corp. Add +1.5% 0.40% +0.08
IJH iShares Core S&P Midcap ETF Add +1.6% 1.97% +0.07
COF Capital One Financial Corp. Add +19.7% 0.31% +0.06
PAYX Paychex Inc. Add +39.0% 0.18% +0.06
MMM 3M Co. Add +7.0% 0.21% +0.06
ACN Accenture PLC Class A Add +54.6% 0.14% +0.06
GWW WW Grainger Inc. New 0.05% +0.05
BNY Bank of New York Mellon Corp. New 0.05% +0.05
MA Mastercard Inc. Class A New 0.05% +0.05
PPH Vaneck Pharmaceutical ETF Add +35.7% 0.19% +0.05
CTVA Corteva Inc. New 0.05% +0.05
IEF iShares 7-10 Year Treasury B New 0.05% +0.05
CRM Salesforce Inc. New 0.05% +0.05
IYR iShares US Real Estate ETF Add +31.4% 0.14% +0.04
MAR Marriott International Class A Add +26.0% 0.22% +0.04
SPYG SS SPDR P S&P 500 Growth ETF Add +5.4% 0.80% +0.03
XLV SS Health Care Select Sector Add +15.4% 0.21% +0.03
XLP SS Consumer Staples Sel Sect Add +25.1% 0.06% +0.01
ACWI iShares MSCI Acwi ETF Add +13.8% 0.10% +0.01
EMXC iShares MSCI Emr MRK Ex Chna Add +3.4% 0.54% +0.01
VIG Vanguard Dividend Apprec ETF Add +0.1% 0.12% +0.00
PFE Pfizer Inc. Add +1.8% 0.52% +0.00
VRP Invesco Variable Rate Prefer Add +0.8% 0.34% −0.01
BAC Bank of America Corp. Add +0.8% 0.43% −0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 246$403.4MSPY, AAPL, BHRB, MSFT, JNJ
Q1 2026 235$361.9MSPY, AAPL, BHRB, MSFT, JNJ
Q4 2025 230$362.1MSPY, AAPL, MSFT, BHRB, JNJ
Q3 2025 238$465.3MSPY, MSFT, AAPL, BHRB, EFA
Q2 2025 240$446.3MSPY, MSFT, BHRB, AAPL, EFA
Q1 2025 229$415.6MSPY, MSFT, AAPL, BHRB, XOM
Q4 2024 226$421.7MSPY, MSFT, AAPL, BHRB, IJR
Q3 2024 229$430.0MSPY, MSFT, BHRB, AAPL, IJR
Q2 2024 227$411.4MMSFT, SPY, BHRB, AAPL, LLY
Q1 2024 119$132.8MBHRB, SPY, MSFT, AAPL, XOM