Burke & Herbert Bank & Trust Co.

Name: BURKE & HERBERT BANK & TRUST CO 13F holdings, Q4 2024
Creator: BURKE & HERBERT BANK & TRUST CO
Published: 2025-01-31

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 31, 2025), Burke & Herbert Bank & Trust Co. reported 226 stock positions worth $421.7 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 5.6% of the portfolio, followed by Microsoft (MSFT, 4.6%) and Apple (AAPL, 3.9%). Compared with Q3 2024, it opened 5 new positions, sold out of 8, added to 30 and reduced 81. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +1%) and the biggest sale Eli Lilly (LLY, shares −1%).

Most Recent 13F: Q2 2026
Location: ALEXANDRIA, VA
CIK: 0001101250
Portfolio Value: $421.7M (Q4 2024)
SEC Filing: 0001140361-25-002668 ↗ filed Jan 31, 2025

Holdings Value

Holdings 226 stocks · $421.7M


SPY SS SPDR S&P 500 ETF Trust-US	5.59%	40,236	$23.6M	Add +1.4%
MSFT Microsoft Corp.	4.62%	46,172	$19.5M	Reduce -0.7%
AAPL Apple Inc.	3.91%	65,870	$16.5M	Reduce -0.3%
BHRB Burke & Herbert Financial SE	3.78%	255,358	$15.9M	Reduce -2.5%
IJR iShares Core S&P Small-Cap E	2.30%	84,230	$9.7M	Add +0.7%
IJH iShares Core S&P Midcap ETF	2.02%	137,014	$8.5M	Add +0.6%
RSP Invesco S&P 500 Equal Weight	2.02%	48,491	$8.5M	Reduce -0.3%
XOM Exxon Mobil Corp.	1.95%	76,563	$8.2M	Reduce -0.2%
PG The Procter & Gamble Co.	1.95%	49,045	$8.2M	Reduce -0.5%
EFA iShares MSCI Eafe ETF	1.88%	104,947	$7.9M	Add +1.9%
JNJ Johnson & Johnson	1.77%	51,660	$7.5M	Reduce -0.3%
LLY Eli Lilly & Co.	1.75%	9,577	$7.4M	Reduce -1.0%
IVV iShares Core S&P 500 ETF	1.59%	11,381	$6.7M	Add +0.1%
AGG iShares Core U.S. Aggregate	1.42%	61,815	$6.0M	Reduce -2.7%
KO The Coca-Cola Co.	1.39%	94,099	$5.9M	Reduce -0.3%
QQQ Invesco QQQ Trust Series 1	1.38%	11,374	$5.8M	Add +3.9%
DVY iShares Select Dividend ETF	1.31%	42,168	$5.5M	Reduce -0.4%
HD Home Depot Inc.	1.22%	13,214	$5.1M	Reduce -0.7%
IWM iShares Russell 2000 ETF	1.10%	20,946	$4.6M	Add +0.6%
JPM JPMorgan Chase & Co.	1.03%	18,190	$4.4M	Reduce -0.8%
WMT Walmart Inc.	0.99%	46,152	$4.2M	Reduce -0.3%
IWR iShares Russell Mid-Cap ETF	0.94%	44,719	$4.0M	Add +3.1%
SPYG SS SPDR P S&P 500 Growth ETF	0.90%	43,135	$3.8M	Add +3.9%
GOOGL Alphabet Inc. Class A	0.89%	19,901	$3.8M	Add +0.2%
NSC Norfolk Southern Corp.	0.88%	15,871	$3.7M	Reduce -0.2%
ABBV Abbvie Inc.	0.87%	20,687	$3.7M	No change
HDV iShares Core High Dividend E	0.86%	32,412	$3.6M	Reduce -0.0%
CSX CSX Corp.	0.85%	111,510	$3.6M	Reduce -1.2%
PEP Pepsico Inc.	0.84%	23,282	$3.5M	Reduce -0.8%
PFF iShares Preferred & Income S	0.83%	111,887	$3.5M	Add +1.7%
WM Waste Management Inc.	0.79%	16,445	$3.3M	No change
CVX Chevron Corp.	0.77%	22,526	$3.3M	Reduce -0.4%
IWF iShares Russell 1000 Growth	0.72%	7,510	$3.0M	Reduce -1.4%
AMZN Amazon.com Inc.	0.68%	13,152	$2.9M	Reduce -1.7%
VYM Vanguard High DVD Yield ETF	0.68%	22,362	$2.9M	Add +4.8%
EEM iShares MSCI Emerging Market	0.66%	66,913	$2.8M	Add +2.1%
CSCO Cisco Systems Inc.	0.66%	47,173	$2.8M	Reduce -1.4%
RTX RTX Corp.	0.65%	23,578	$2.7M	Add +0.2%
BRK.B Berkshire Hathaway Inc. Class B	0.63%	5,879	$2.7M	Reduce -0.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.63%	23,857	$2.7M	Reduce -4.2%
FISV Fiserv Inc.	0.63%	12,850	$2.6M	No change
PM Philip Morris International	0.59%	20,821	$2.5M	Reduce -0.4%
EMR Emerson Electric Co.	0.58%	19,877	$2.5M	No change
VWO Vanguard Ftse Emerging Marke	0.56%	54,094	$2.4M	No change
IEI iShares 3-7 Year Treasury Bo	0.56%	20,551	$2.4M	Reduce -1.4%
PAVE Global X US Infrastructure	0.56%	58,435	$2.4M	Reduce -0.6%
XLI SS Industrial Select Sector	0.56%	17,868	$2.4M	Reduce -0.1%
LOW Lowe's Cos Inc.	0.55%	9,418	$2.3M	Reduce -0.5%
AXP American Express Co.	0.54%	7,737	$2.3M	No change
MRK Merck & Co. Inc.	0.54%	23,078	$2.3M	Reduce -0.4%
META Meta Platforms Inc. Class A	0.54%	3,900	$2.3M	Add +1.9%
IGSB iShares 1-5Y Inv Grade Corp.	0.54%	44,163	$2.3M	Reduce -0.1%
SMH Vaneck Semiconductor ETF	0.51%	8,840	$2.1M	Reduce -2.5%
EMXC iShares MSCI Emr MRK Ex Chna	0.50%	38,040	$2.1M	Add +0.1%
IXN iShares Global Tech ETF	0.49%	24,528	$2.1M	No change
XLF SS Financial Select Sector	0.49%	42,750	$2.1M	Add +0.3%
PFE Pfizer Inc.	0.49%	77,315	$2.1M	Reduce -0.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.48%	46,294	$2.0M	Reduce -0.4%
IWD iShares Russell 1000 Value E	0.48%	10,870	$2.0M	Reduce -0.5%
VEU Vanguard Ftse All-World Ex-U	0.48%	35,020	$2.0M	Reduce -1.6%
IVW iShares S&P 500 Growth ETF	0.46%	18,916	$1.9M	Reduce -0.5%
COST Costco Wholesale Corp.	0.45%	2,068	$1.9M	Reduce -0.3%
VZ Verizon Communications Inc.	0.45%	47,144	$1.9M	Reduce -3.4%
VEA Vanguard Ftse Developed ETF	0.43%	38,117	$1.8M	No change
ABT Abbott Laboratories	0.41%	15,407	$1.7M	No change
HON Honeywell International Inc.	0.41%	7,676	$1.7M	Add +2.6%
QQEW First TR Nasdaq-100 Sel Eq	0.41%	13,753	$1.7M	No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.41%	7,810	$1.7M	Add +0.4%
ADP Automatic Data Processing	0.40%	5,709	$1.7M	Reduce -0.1%
GOOG Alphabet Inc. Class C	0.39%	8,684	$1.7M	No change
COF Capital One Financial Corp.	0.39%	9,222	$1.6M	Add +3.3%
CIBR First Trust Nasdaq Cybersecu	0.38%	25,437	$1.6M	Reduce -0.4%
IWP iShares Russell Mid-Cap Grow	0.38%	12,524	$1.6M	No change
WFC Wells Fargo & Co.	0.37%	22,306	$1.6M	Reduce -0.3%
NEE Nextera Energy Inc.	0.37%	21,718	$1.6M	No change
FCBC First Community Bankshares	0.37%	37,370	$1.6M	Reduce -2.2%
CAT Caterpillar Inc.	0.36%	4,200	$1.5M	Add +0.3%
VRP Invesco Variable Rate Prefer	0.36%	62,765	$1.5M	Add +4.7%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	0.35%	19,008	$1.5M	No change
MCD McDonald's Corp.	0.35%	5,130	$1.5M	Reduce -0.3%
ICE Intercontinental Exchange Inc.	0.35%	9,978	$1.5M	No change
ADSK Autodesk Inc.	0.35%	5,000	$1.5M	No change
CL Colgate-Palmolive Co.	0.34%	15,835	$1.4M	No change
SHY iShares 1-3 Year Treasury Bo	0.33%	17,173	$1.4M	Reduce -0.1%
CI The Cigna Group	0.33%	5,087	$1.4M	Reduce -10.8%
DUK Duke Energy Corp.	0.33%	12,873	$1.4M	Reduce -1.7%
BRK.A Berkshire Hathaway Inc. Class A	0.32%	2	$1.4M	No change
GD General Dynamics Corp.	0.31%	4,997	$1.3M	No change
XLK SS Technology Select Sector	0.31%	5,630	$1.3M	Add +0.5%
ORCL Oracle Corp.	0.31%	7,819	$1.3M	No change
SO The Southern Co.	0.31%	15,741	$1.3M	Reduce -2.0%
APD Air Products & Chemicals Inc.	0.30%	4,400	$1.3M	No change
GE General Electric filed as GE AEROSPACE	0.30%	7,617	$1.3M	Reduce -0.6%
GS Goldman Sachs Group Inc.	0.29%	2,170	$1.2M	No change
FDN First Trust DJ Internet Ind	0.29%	5,093	$1.2M	No change
SHW The Sherwin-Williams Co.	0.29%	3,570	$1.2M	No change
XLE SS Energy Select Sector	0.29%	14,090	$1.2M	Add +2.5%
EW Edwards Lifesciences Corp.	0.29%	16,263	$1.2M	No change
T AT&T Inc.	0.28%	52,770	$1.2M	Reduce -2.9%
MO Altria Group Inc.	0.28%	22,310	$1.2M	Reduce -0.8%

Show all 226 holdings

Portfolio Sells Q3 2024 → Q4 2024


LLY Eli Lilly & Co.	Reduce -1.0%	1.75%	−0.24
KO The Coca-Cola Co.	Reduce -0.3%	1.39%	−0.19
JNJ Johnson & Johnson	Reduce -0.3%	1.77%	−0.18
XOM Exxon Mobil Corp.	Reduce -0.2%	1.95%	−0.14
CI The Cigna Group	Reduce -10.8%	0.33%	−0.13
PEP Pepsico Inc.	Reduce -0.8%	0.84%	−0.09
DOW Dow Inc.	Reduce -48.3%	0.05%	−0.08
AGG iShares Core U.S. Aggregate	Reduce -2.7%	1.42%	−0.08
MRK Merck & Co. Inc.	Reduce -0.4%	0.54%	−0.07
CVS CVS Health Corp.	Sold out	0.00%	−0.07
VZ Verizon Communications Inc.	Reduce -3.4%	0.45%	−0.06
ELV Elevance Health Inc.	Reduce -1.2%	0.14%	−0.06
FCX Freeport-McMoran Inc.	Sold out	0.00%	−0.06
CARR Carrier Global Corp.	Reduce -45.4%	0.05%	−0.06
COM Direxion Auspice BRD Cmdty	Reduce -40.2%	0.08%	−0.05
CSX CSX Corp.	Reduce -1.2%	0.85%	−0.05
XLB SS Materials Select Sector	Sold out	0.00%	−0.05
IDV iShares International Select	Sold out	0.00%	−0.05
NVO Novo-Nordisk A/S-Spons ADR	Sold out	0.00%	−0.05
IEF iShares 7-10 Year Treasury B	Sold out	0.00%	−0.05
MRSH Marsh & McLennan Cos	Sold out	0.00%	−0.05
CRM Salesforce Inc.	Sold out	0.00%	−0.05
LOW Lowe's Cos Inc.	Reduce -0.5%	0.55%	−0.05
INTC Intel Corp.	Reduce -4.5%	0.21%	−0.05
VEU Vanguard Ftse All-World Ex-U	Reduce -1.6%	0.48%	−0.04
MDLZ Mondelez International Inc. Class A	Reduce -0.4%	0.19%	−0.04
PFE Pfizer Inc.	Reduce -0.5%	0.49%	−0.04
MSFT Microsoft Corp.	Reduce -0.7%	4.62%	−0.04
NSC Norfolk Southern Corp.	Reduce -0.2%	0.88%	−0.04
HD Home Depot Inc.	Reduce -0.7%	1.22%	−0.04
PG The Procter & Gamble Co.	Reduce -0.5%	1.95%	−0.04
GE General Electric	Reduce -0.6%	0.30%	−0.03
SO The Southern Co.	Reduce -2.0%	0.31%	−0.03
D Dominion Energy Inc.	Reduce -5.2%	0.26%	−0.03
HSY The Hershey Co.	Reduce -2.5%	0.20%	−0.03
AEP American Electric Power	Reduce -0.5%	0.26%	−0.02
HDV iShares Core High Dividend E	Reduce -0.0%	0.86%	−0.02
DUK Duke Energy Corp.	Reduce -1.7%	0.33%	−0.02
DD Dupont DE Nemours Inc.	Reduce -0.7%	0.14%	−0.02
CMCSA Comcast Corp. Class A	Reduce -0.3%	0.20%	−0.02
DVY iShares Select Dividend ETF	Reduce -0.4%	1.31%	−0.02
IEI iShares 3-7 Year Treasury Bo	Reduce -1.4%	0.56%	−0.02
FCBC First Community Bankshares	Reduce -2.2%	0.37%	−0.01
MMM 3M Co.	Reduce -2.9%	0.20%	−0.01
UNP Union Pacific Corp.	Reduce -2.8%	0.14%	−0.01
MCD McDonald's Corp.	Reduce -0.3%	0.35%	−0.01
KMB Kimberly-Clark Corp.	Reduce -6.0%	0.09%	−0.01
RSP Invesco S&P 500 Equal Weight	Reduce -0.3%	2.02%	−0.01
ACWI iShares MSCI Acwi ETF	Reduce -10.5%	0.09%	−0.01
HPQ HP Inc.	Reduce -1.6%	0.10%	−0.01

Portfolio Buys Q3 2024 → Q4 2024


SPY SS SPDR S&P 500 ETF Trust-US	Add +1.4%	5.59%	+0.30
QQQ Invesco QQQ Trust Series 1	Add +3.9%	1.38%	+0.14
GOOGL Alphabet Inc. Class A	Add +0.2%	0.89%	+0.13
SPYG SS SPDR P S&P 500 Growth ETF	Add +3.9%	0.90%	+0.10
COF Capital One Financial Corp.	Add +3.3%	0.39%	+0.08
IVV iShares Core S&P 500 ETF	Add +0.1%	1.59%	+0.06
VGT Vanguard Info Tech ETF	New	0.06%	+0.06
HON Honeywell International Inc.	Add +2.6%	0.41%	+0.05
CCJ Cameco Corp.	New	0.05%	+0.05
VIG Vanguard Dividend Apprec ETF	Add +39.3%	0.17%	+0.05
IJH iShares Core S&P Midcap ETF	Add +0.6%	2.02%	+0.05
ALL Allstate Corp.	New	0.05%	+0.05
IWR iShares Russell Mid-Cap ETF	Add +3.1%	0.94%	+0.05
MSI Motorola Solutions Inc.	New	0.05%	+0.05
VMC Vulcan Materials Co.	New	0.05%	+0.05
XLF SS Financial Select Sector	Add +0.3%	0.49%	+0.04
VYM Vanguard High DVD Yield ETF	Add +4.8%	0.68%	+0.04
META Meta Platforms Inc. Class A	Add +1.9%	0.54%	+0.03
IWM iShares Russell 2000 ETF	Add +0.6%	1.10%	+0.03
IJR iShares Core S&P Small-Cap E	Add +0.7%	2.30%	+0.03
VLO Valero Energy Corp.	Add +32.1%	0.11%	+0.02
VRP Invesco Variable Rate Prefer	Add +4.7%	0.36%	+0.02
XLK SS Technology Select Sector	Add +0.5%	0.31%	+0.02
PSP Invesco Global Listed Privat	Add +10.7%	0.08%	+0.01
IBM Intl Business Machines Corp.	Add +0.4%	0.41%	+0.01
XLE SS Energy Select Sector	Add +2.5%	0.29%	+0.01
SJNK SS SPDR BB St Hi Yield ETF	Add +0.0%	0.22%	0.00
PPH Vaneck Pharmaceutical ETF	Add +0.7%	0.18%	−0.01
RTX RTX Corp.	Add +0.2%	0.65%	−0.02
PFF iShares Preferred & Income S	Add +1.7%	0.83%	−0.02
IBB iShares Biotechnology ETF	Add +1.2%	0.28%	−0.02
CAT Caterpillar Inc.	Add +0.3%	0.36%	−0.02
EEM iShares MSCI Emerging Market	Add +2.1%	0.66%	−0.03
EMXC iShares MSCI Emr MRK Ex Chna	Add +0.1%	0.50%	−0.04
EFA iShares MSCI Eafe ETF	Add +1.9%	1.88%	−0.12

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	246	$403.4M	SPY, AAPL, BHRB, MSFT, JNJ
Q1 2026	235	$361.9M	SPY, AAPL, BHRB, MSFT, JNJ
Q4 2025	230	$362.1M	SPY, AAPL, MSFT, BHRB, JNJ
Q3 2025	238	$465.3M	SPY, MSFT, AAPL, BHRB, EFA
Q2 2025	240	$446.3M	SPY, MSFT, BHRB, AAPL, EFA
Q1 2025	229	$415.6M	SPY, MSFT, AAPL, BHRB, XOM
Q4 2024	226	$421.7M	SPY, MSFT, AAPL, BHRB, IJR
Q3 2024	229	$430.0M	SPY, MSFT, BHRB, AAPL, IJR
Q2 2024	227	$411.4M	MSFT, SPY, BHRB, AAPL, LLY
Q1 2024	119	$132.8M	BHRB, SPY, MSFT, AAPL, XOM