Cannell & Spears LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Cannell & Spears LLC reported 390 stock positions worth $4.6 billion. Its top holding was Microsoft (MSFT) at 6.3% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 4.0%) and Apple (AAPL, 3.8%). Compared with Q4 2024, it opened 28 new positions, sold out of 30, added to 106 and reduced 182. The biggest buy was Millrose Properties (MRP, shares +746%) and the biggest sale Illumina (ILMN, shares −52%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001426319
- Portfolio Value
- $4.6B (Q1 2025)
- SEC Filing
- 0001420506-25-001065 ↗ filed May 14, 2025
Holdings Value
Holdings 390 stocks · $4.6B
| MSFT Microsoft Corp. | 6.30% | 779,550 | $292.6M | Add +0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.02% | 350,731 | $186.8M | Reduce -1.1% |
| AAPL Apple Inc. | 3.84% | 801,903 | $178.1M | Add +0.3% |
| GOOG Alphabet Inc. Class C | 3.48% | 1,034,567 | $161.6M | Reduce -0.5% |
| AMZN Amazon.com Inc. | 2.45% | 597,887 | $113.8M | Add +9.0% |
| BN Brookfield Corp. | 2.16% | 1,916,061 | $100.4M | Reduce -3.5% |
| CB Chubb Ltd. | 2.01% | 309,759 | $93.5M | Reduce -0.4% |
| FIS Fidelity National Info Serv | 1.88% | 1,166,025 | $87.1M | Add +64.5% |
| DHR Danaher Corp. | 1.59% | 360,109 | $73.8M | Reduce -6.0% |
| ABT Abbott Laboratories | 1.54% | 539,923 | $71.6M | Reduce -6.5% |
| EXE Expand Energy Corp. | 1.47% | 613,838 | $68.3M | Reduce -19.5% |
| CRH CRH PLC | 1.39% | 735,303 | $64.7M | Reduce -13.9% |
| GOOGL Alphabet Inc. Class A | 1.38% | 415,828 | $64.3M | Reduce -0.8% |
| FTAI Ftai Aviation Ltd. | 1.38% | 575,428 | $63.9M | Add +180.3% |
| BEEX The Beehive ETF | 1.35% | 2,823,580 | $62.7M | Reduce -0.1% |
| JPM JPMorgan Chase & Co. | 1.35% | 255,111 | $62.6M | Add +2.1% |
| EQT Eqt Corp. | 1.31% | 1,142,582 | $61.0M | Reduce -15.3% |
| ORCL Oracle Corp. | 1.31% | 436,602 | $61.0M | Reduce -0.5% |
| MRP Millrose Properties | 1.24% | 2,179,366 | $57.8M | Add +746.4% |
| GM General Motors Co. | 1.23% | 1,218,142 | $57.3M | Add +55.0% |
| COST Costco Wholesale Corp. | 1.19% | 58,630 | $55.5M | Reduce -6.0% |
| WTM White Mountains Insurance GP | 1.19% | 28,668 | $55.2M | Reduce -0.2% |
| ABBV Abbvie Inc. | 1.18% | 261,623 | $54.8M | Add +17.6% |
| VRT Vertiv Holdings Co. Class A | 1.12% | 720,554 | $52.0M | Add +4.2% |
| FUN Six Flags Entertainment Corp. | 1.11% | 1,451,010 | $51.8M | Add +7.2% |
| ICE Intercontinental Exchange Inc. | 1.07% | 289,103 | $49.9M | Reduce -8.0% |
| MDLZ Mondelez International Inc. Class A | 1.04% | 712,020 | $48.3M | Add +19.4% |
| TMO Thermo Fisher Scientific Inc. | 1.00% | 93,473 | $46.5M | Reduce -0.8% |
| AEM Agnico Eagle Mines Ltd. | 0.97% | 416,959 | $45.2M | Reduce -22.0% |
| AON Aon PLC Class A | 0.93% | 107,698 | $43.0M | Reduce -7.2% |
| META Meta Platforms Inc. Class A | 0.93% | 74,535 | $43.0M | Add +2382.8% |
| XPO Xpo Inc. | 0.91% | 394,503 | $42.4M | Reduce -1.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.90% | 342,007 | $41.7M | Reduce -1.0% |
| REGN Regeneron Pharmaceuticals | 0.88% | 64,526 | $40.9M | Add +301.9% |
| LH Labcorp Holdings Inc. | 0.82% | 164,417 | $38.3M | Reduce -18.8% |
| FISV Fiserv Inc. | 0.81% | 169,705 | $37.5M | Reduce -7.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.78% | 369,087 | $36.4M | Reduce -2.2% |
| CMCSA Comcast Corp. Class A | 0.78% | 984,033 | $36.3M | Reduce -7.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.77% | 45 | $35.9M | No change |
| FTV Fortive Corp. | 0.72% | 456,696 | $33.4M | Reduce -1.2% |
| HD Home Depot Inc. | 0.72% | 91,139 | $33.4M | Reduce -4.0% |
| PWR Quanta Services Inc. | 0.71% | 130,577 | $33.2M | Reduce -2.4% |
| LOW Lowe's Cos Inc. | 0.71% | 142,011 | $33.1M | Reduce -20.9% |
| UAL United Airlines Holdings Inc. | 0.70% | 470,567 | $32.5M | Reduce -25.5% |
| UBER Uber Technologies Inc. | 0.67% | 428,033 | $31.2M | Reduce -45.2% |
| CL Colgate-Palmolive Co. | 0.66% | 326,226 | $30.6M | Reduce -2.1% |
| JNJ Johnson & Johnson | 0.66% | 183,892 | $30.5M | Add +9.4% |
| MRK Merck & Co. Inc. | 0.65% | 335,057 | $30.1M | Add +2.2% |
| ADI Analog Devices Inc. | 0.64% | 148,263 | $29.9M | Reduce -45.4% |
| CVX Chevron Corp. | 0.64% | 177,505 | $29.7M | Add +2.1% |
| ADBE Adobe Inc. | 0.63% | 75,746 | $29.1M | Reduce -7.6% |
| FDX FedEx Corp. | 0.61% | 116,467 | $28.4M | Reduce -0.8% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.60% | 335,017 | $28.1M | Reduce -2.4% |
| AVGO Broadcom Inc. | 0.60% | 165,891 | $27.8M | Reduce -19.3% |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 0.57% | 552,733 | $26.7M | Reduce -7.5% |
| LMT Lockheed Martin Corp. | 0.57% | 59,004 | $26.4M | Reduce -6.0% |
| ADP Automatic Data Processing | 0.56% | 85,207 | $26.0M | Reduce -0.8% |
| FNV Franco-Nevada Corp. | 0.56% | 163,893 | $25.8M | Reduce -1.4% |
| APD Air Products & Chemicals Inc. | 0.56% | 87,463 | $25.8M | Add +1.3% |
| BEPC Brookfield Renewable Corp. | 0.55% | 922,744 | $25.8M | Add +477.8% |
| XYL Xylem Inc. | 0.55% | 214,345 | $25.6M | Add +105.5% |
| ILMN Illumina Inc. | 0.54% | 318,074 | $25.2M | Reduce -52.1% |
| CCK Crown Holdings Inc. | 0.54% | 282,161 | $25.2M | Add +1.7% |
| FNF Fidelity National Financial | 0.54% | 386,421 | $25.1M | Add +45.4% |
| QSR Restaurant Brands Intern | 0.51% | 357,655 | $23.8M | Reduce -1.4% |
| KO The Coca-Cola Co. | 0.49% | 315,518 | $22.6M | Add +4.3% |
| HON Honeywell International Inc. | 0.48% | 105,984 | $22.4M | Add +0.9% |
| LEN Lennar Corp. Class A | 0.47% | 190,602 | $21.9M | Reduce -63.0% |
| NOW ServiceNow Inc. | 0.46% | 26,830 | $21.4M | Reduce -8.5% |
| XOM Exxon Mobil Corp. | 0.45% | 177,448 | $21.1M | Reduce -1.5% |
| PLD Prologis Inc. | 0.45% | 188,322 | $21.1M | Add +5.9% |
| PEP Pepsico Inc. | 0.45% | 139,848 | $21.0M | Reduce -4.4% |
| ITW Illinois Tool Works | 0.45% | 84,472 | $20.9M | Add +0.5% |
| SYY Sysco Corp. | 0.44% | 273,702 | $20.5M | Add +2.3% |
| JEF Jefferies Financial Group Inc. | 0.44% | 380,243 | $20.4M | New |
| BERY Berry Global Group Inc. | 0.42% | 279,579 | $19.5M | Reduce -0.5% |
| SN Sharkninja Inc. | 0.38% | 213,090 | $17.8M | Add +14.5% |
| RTX RTX Corp. | 0.38% | 134,090 | $17.8M | Reduce -0.4% |
| TTWO Take-Two Interactive Softwre | 0.36% | 80,113 | $16.6M | Reduce -10.1% |
| BMY Bristol-Myers Squibb Co. | 0.36% | 271,869 | $16.6M | Add +0.1% |
| GIL Gildan Activewear Inc. | 0.34% | 360,635 | $15.9M | Reduce -2.2% |
| HCA HCA Healthcare Inc. | 0.34% | 45,117 | $15.6M | Reduce -2.8% |
| PHYS Sprott Physical Gold Trust | 0.32% | 615,590 | $14.8M | No change |
| FCNCA First Citizens Bcshs Class A | 0.30% | 7,592 | $14.1M | Add +4.4% |
| CEF Sprott Physical Gold and Sil | 0.30% | 483,025 | $13.7M | No change |
| PG The Procter & Gamble Co. | 0.29% | 77,954 | $13.3M | Add +9.2% |
| AFL Aflac Inc. | 0.27% | 114,478 | $12.7M | Reduce -6.1% |
| UNP Union Pacific Corp. | 0.27% | 52,983 | $12.5M | Add +3.4% |
| NVT Nvent Electric PLC | 0.27% | 236,473 | $12.4M | New |
| PBI Pitney Bowes Inc. | 0.26% | 1,323,072 | $12.0M | New |
| ELV Elevance Health Inc. | 0.25% | 26,228 | $11.4M | Reduce -7.7% |
| PAR Par Technology Corp. | 0.23% | 177,022 | $10.9M | Add +3.6% |
| SKT Tanger Inc. | 0.23% | 318,520 | $10.8M | Add +15.1% |
| NVDA Nvidia Corp. | 0.23% | 98,523 | $10.7M | Add +16.1% |
| VOO Vanguard S&P 500 ETF | 0.22% | 20,045 | $10.3M | Add +1.6% |
| GE General Electric filed as GE AEROSPACE | 0.22% | 51,185 | $10.2M | Reduce -70.1% |
| DE Deere & Co. | 0.22% | 21,646 | $10.2M | Reduce -0.1% |
| BDX Becton Dickinson and Co. | 0.22% | 43,865 | $10.0M | Reduce -6.8% |
| AXSM Axsome Therapeutics Inc. | 0.21% | 84,264 | $9.8M | Add +2.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.21% | 38,317 | $9.5M | Add +4.8% |
Portfolio Sells Q4 2024 → Q1 2025
| ILMN Illumina Inc. | Reduce -52.1% | 0.54% | −1.28 |
| LEN Lennar Corp. Class A | Reduce -63.0% | 0.47% | −0.97 |
| GOOG Alphabet Inc. Class C | Reduce -0.5% | 3.48% | −0.59 |
| UAL United Airlines Holdings Inc. | Reduce -25.5% | 0.70% | −0.56 |
| ADI Analog Devices Inc. | Reduce -45.4% | 0.64% | −0.54 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.47 |
| FLUT Flutter Entertainment PLC-Di | Sold out | 0.00% | −0.44 |
| AVGO Broadcom Inc. | Reduce -19.3% | 0.60% | −0.38 |
| GE General Electric | Reduce -70.1% | 0.22% | −0.37 |
| MUSA Murphy USA Inc. | Reduce -96.4% | 0.01% | −0.32 |
| UBER Uber Technologies Inc. | Reduce -45.2% | 0.67% | −0.30 |
| CCEP Coca-Cola Europacific Partne | Reduce -78.6% | 0.09% | −0.27 |
| GOOGL Alphabet Inc. Class A | Reduce -0.8% | 1.38% | −0.25 |
| CRH CRH PLC | Reduce -13.9% | 1.39% | −0.23 |
| DHR Danaher Corp. | Reduce -6.0% | 1.59% | −0.22 |
| LOW Lowe's Cos Inc. | Reduce -20.9% | 0.71% | −0.20 |
| DHI D.R. Horton Inc. | Reduce -51.6% | 0.17% | −0.19 |
| ORCL Oracle Corp. | Reduce -0.5% | 1.31% | −0.19 |
| PWP Perella Weinberg Partners | Sold out | 0.00% | −0.18 |
| BN Brookfield Corp. | Reduce -3.5% | 2.16% | −0.18 |
| NOW ServiceNow Inc. | Reduce -8.5% | 0.46% | −0.18 |
| LHX L3HARRIS Technologies Inc. | Reduce -71.1% | 0.07% | −0.16 |
| XPO Xpo Inc. | Reduce -1.1% | 0.91% | −0.16 |
| SMCI Super Micro Computer Inc. | Reduce -88.7% | 0.02% | −0.16 |
| PWR Quanta Services Inc. | Reduce -2.4% | 0.71% | −0.15 |
| EXPE Expedia Group Inc. | Sold out | 0.00% | −0.13 |
| LH Labcorp Holdings Inc. | Reduce -18.8% | 0.82% | −0.13 |
| ADBE Adobe Inc. | Reduce -7.6% | 0.63% | −0.12 |
| J Jacobs Solutions Inc. | Sold out | 0.00% | −0.11 |
| BRC Brady Corporation Class A | Reduce -77.6% | 0.03% | −0.10 |
| EXE Expand Energy Corp. | Reduce -19.5% | 1.47% | −0.09 |
| DIS The Walt Disney Co. | Reduce -2.2% | 0.78% | −0.08 |
| KEX Kirby Corp. | Sold out | 0.00% | −0.08 |
| KMX Carmax Inc. | Reduce -46.3% | 0.08% | −0.07 |
| FDX FedEx Corp. | Reduce -0.8% | 0.61% | −0.07 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.06 |
| LMT Lockheed Martin Corp. | Reduce -6.0% | 0.57% | −0.06 |
| TMUS T-Mobile US Inc. | Reduce -72.0% | 0.03% | −0.06 |
| PKG Packaging Corp. of America | Reduce -18.0% | 0.17% | −0.06 |
| AMR Alpha Metallurgical Resource | Sold out | 0.00% | −0.05 |
| CHD Church & Dwight Co. Inc. | Reduce -49.0% | 0.06% | −0.05 |
| LDI Loandepot Inc. Class A | Reduce -65.5% | 0.01% | −0.04 |
| HD Home Depot Inc. | Reduce -4.0% | 0.72% | −0.04 |
| CMCSA Comcast Corp. Class A | Reduce -7.5% | 0.78% | −0.04 |
| IQV Iqvia Holdings Inc. | Reduce -17.0% | 0.13% | −0.04 |
| GVA Granite Construction Inc. | Reduce -18.6% | 0.08% | −0.03 |
| GAM General American Investors | Sold out | 0.00% | −0.03 |
| EAF Graftech International Ltd. | Reduce -43.7% | 0.01% | −0.03 |
| KRP Kimbell Royalty Partners LP | Sold out | 0.00% | −0.02 |
| MAGN Magnera Corp. | Reduce -78.3% | 0.01% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| MRP Millrose Properties | Add +746.4% | 1.24% | +1.10 |
| META Meta Platforms Inc. Class A | Add +2382.8% | 0.93% | +0.89 |
| FTAI Ftai Aviation Ltd. | Add +180.3% | 1.38% | +0.77 |
| FIS Fidelity National Info Serv | Add +64.5% | 1.88% | +0.70 |
| REGN Regeneron Pharmaceuticals | Add +301.9% | 0.88% | +0.65 |
| BEPC Brookfield Renewable Corp. | Add +477.8% | 0.55% | +0.46 |
| JEF Jefferies Financial Group Inc. | New | 0.44% | +0.44 |
| GM General Motors Co. | Add +55.0% | 1.23% | +0.37 |
| ABBV Abbvie Inc. | Add +17.6% | 1.18% | +0.37 |
| MDLZ Mondelez International Inc. Class A | Add +19.4% | 1.04% | +0.31 |
| XYL Xylem Inc. | Add +105.5% | 0.55% | +0.30 |
| NVT Nvent Electric PLC | New | 0.27% | +0.27 |
| PBI Pitney Bowes Inc. | New | 0.26% | +0.26 |
| FNF Fidelity National Financial | Add +45.4% | 0.54% | +0.23 |
| JNJ Johnson & Johnson | Add +9.4% | 0.66% | +0.16 |
| TMHC Taylor Morrison Home Corp. | New | 0.15% | +0.15 |
| CVX Chevron Corp. | Add +2.1% | 0.64% | +0.12 |
| JPM JPMorgan Chase & Co. | Add +2.1% | 1.35% | +0.12 |
| KN Knowles Corp. | New | 0.12% | +0.12 |
| SSNC Ss&c Technologies Holdings | New | 0.12% | +0.12 |
| CAKE The Cheesecake Factory Inc. | New | 0.10% | +0.10 |
| KO The Coca-Cola Co. | Add +4.3% | 0.49% | +0.10 |
| TOL Toll Brothers Inc. | Add +279.3% | 0.11% | +0.08 |
| IDXX Idexx Laboratories Inc. | Add +674.7% | 0.08% | +0.07 |
| CCK Crown Holdings Inc. | Add +1.7% | 0.54% | +0.07 |
| AXSM Axsome Therapeutics Inc. | Add +2.6% | 0.21% | +0.07 |
| PLD Prologis Inc. | Add +5.9% | 0.45% | +0.07 |
| AGI Alamos Gold Inc. Class A | Add +19.3% | 0.12% | +0.05 |
| DOV Dover Corp. | Add +174.1% | 0.08% | +0.05 |
| SAND Sandstorm Gold Ltd. | Add +1.3% | 0.17% | +0.05 |
| PSLV Sprott Physical Silver Trust | Add +82.0% | 0.09% | +0.05 |
| KMB Kimberly-Clark Corp. | Add +55.2% | 0.10% | +0.04 |
| BMY Bristol-Myers Squibb Co. | Add +0.1% | 0.36% | +0.04 |
| APD Air Products & Chemicals Inc. | Add +1.3% | 0.56% | +0.04 |
| PG The Procter & Gamble Co. | Add +9.2% | 0.29% | +0.04 |
| IBM Intl Business Machines Corp. | Add +4.8% | 0.21% | +0.04 |
| SKT Tanger Inc. | Add +15.1% | 0.23% | +0.04 |
| WMT Walmart Inc. | Add +40.1% | 0.13% | +0.04 |
| BIP Brookfield Infrastructure Pa | Add +42.4% | 0.13% | +0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +74.0% | 0.10% | +0.03 |
| UNP Union Pacific Corp. | Add +3.4% | 0.27% | +0.03 |
| V Visa Inc. Class A | Add +1.2% | 0.18% | +0.03 |
| PFE Pfizer Inc. | Add +22.7% | 0.14% | +0.03 |
| CNQ Canadian Natural Resources | New | 0.02% | +0.02 |
| B Barrick Gold Corp. | Add +1.4% | 0.09% | +0.02 |
| SYY Sysco Corp. | Add +2.3% | 0.44% | +0.02 |
| RSP Invesco S&P 500 Equal Weight | Add +26.8% | 0.09% | +0.02 |
| CHRD Chord Energy Corp. | New | 0.02% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +10.1% | 0.19% | +0.02 |
| FLS Flowserve Corp. | Add +26.0% | 0.14% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 440 | $5.6B | GOOG, MSFT, AAPL, BRK.B, AMZN |
| Q1 2026Amended | 415 | $5.1B | MSFT, GOOG, AAPL, BRK.B, AMZN |
| Q4 2025 | 409 | $5.3B | MSFT, GOOG, AAPL, BRK.B, AMZN |
| Q3 2025 | 400 | $5.3B | MSFT, AAPL, GOOG, BRK.B, ORCL |
| Q2 2025 | 393 | $5.0B | MSFT, BRK.B, AAPL, GOOG, AMZN |
| Q1 2025 | 390 | $4.6B | MSFT, BRK.B, AAPL, GOOG, AMZN |
| Q4 2024 | 391 | $4.9B | MSFT, AAPL, GOOG, BRK.B, AMZN |
| Q3 2024 | 401 | $5.1B | MSFT, AAPL, GOOG, BRK.B, AMZN |
| Q2 2024 | 366 | $4.8B | MSFT, GOOG, AAPL, BRK.B, AMZN |
| Q1 2024 | 381 | $4.8B | MSFT, GOOG, BRK.B, AAPL, AMZN |