Cannell & Spears LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Cannell & Spears LLC reported 393 stock positions worth $5.0 billion. Its top holding was Microsoft (MSFT) at 7.5% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 3.4%) and Apple (AAPL, 3.2%). Compared with Q1 2025, it opened 32 new positions, sold out of 30, added to 132 and reduced 170. The biggest buy was Oracle (ORCL, shares +44%) and the biggest sale General Motors (GM, shares −78%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001426319
- Portfolio Value
- $5.0B (Q2 2025)
- SEC Filing
- 0001420506-25-002160 ↗ filed Aug 14, 2025
Holdings Value
Holdings 393 stocks · $5.0B
| MSFT Microsoft Corp. | 7.52% | 748,233 | $372.2M | Reduce -4.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.36% | 342,352 | $166.3M | Reduce -2.4% |
| AAPL Apple Inc. | 3.22% | 778,249 | $159.7M | Reduce -3.0% |
| GOOG Alphabet Inc. Class C | 3.06% | 854,301 | $151.5M | Reduce -17.4% |
| AMZN Amazon.com Inc. | 2.81% | 633,865 | $139.1M | Add +6.0% |
| ORCL Oracle Corp. | 2.78% | 629,856 | $137.7M | Add +44.3% |
| BN Brookfield Corp. | 2.33% | 1,865,289 | $115.4M | Reduce -2.6% |
| CB Chubb Ltd. | 1.78% | 304,144 | $88.1M | Reduce -1.8% |
| VRT Vertiv Holdings Co. Class A | 1.68% | 647,055 | $83.1M | Reduce -10.2% |
| DHR Danaher Corp. | 1.68% | 420,086 | $83.0M | Add +16.7% |
| MRP Millrose Properties | 1.50% | 2,603,255 | $74.2M | Add +19.4% |
| AVGO Broadcom Inc. | 1.46% | 263,123 | $72.5M | Add +58.6% |
| GOOGL Alphabet Inc. Class A | 1.45% | 408,624 | $72.0M | Reduce -1.7% |
| JPM JPMorgan Chase & Co. | 1.44% | 246,234 | $71.4M | Reduce -3.5% |
| ABT Abbott Laboratories | 1.43% | 520,566 | $70.8M | Reduce -3.6% |
| CRH CRH PLC | 1.42% | 767,949 | $70.5M | Add +4.4% |
| EXE Expand Energy Corp. | 1.35% | 570,395 | $66.7M | Reduce -7.1% |
| BEEX The Beehive ETF | 1.33% | 2,733,635 | $65.8M | Reduce -3.2% |
| ADI Analog Devices Inc. | 1.30% | 270,329 | $64.3M | Add +82.3% |
| ABBV Abbvie Inc. | 1.28% | 340,432 | $63.2M | Add +30.1% |
| EQT Eqt Corp. | 1.27% | 1,076,607 | $62.8M | Reduce -5.8% |
| NVDA Nvidia Corp. | 1.26% | 393,895 | $62.2M | Add +299.8% |
| AEM Agnico Eagle Mines Ltd. | 1.17% | 486,819 | $57.9M | Add +16.8% |
| COST Costco Wholesale Corp. | 1.17% | 58,404 | $57.8M | Reduce -0.4% |
| FIS Fidelity National Info Serv | 1.16% | 707,006 | $57.6M | Reduce -39.4% |
| WTM White Mountains Insurance GP | 1.03% | 28,347 | $50.9M | Reduce -1.1% |
| ICE Intercontinental Exchange Inc. | 1.02% | 274,768 | $50.4M | Reduce -5.0% |
| PWR Quanta Services Inc. | 0.99% | 129,801 | $49.1M | Reduce -0.6% |
| FNF Fidelity National Financial | 0.98% | 864,885 | $48.5M | Add +123.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.92% | 366,959 | $45.5M | Reduce -0.6% |
| LH Labcorp Holdings Inc. | 0.86% | 162,518 | $42.7M | Reduce -1.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.83% | 334,706 | $41.3M | Reduce -2.1% |
| FCNCA First Citizens Bcshs Class A | 0.83% | 21,077 | $41.2M | Add +177.6% |
| GIL Gildan Activewear Inc. | 0.83% | 832,650 | $41.0M | Add +130.9% |
| FTAI Ftai Aviation Ltd. | 0.82% | 353,856 | $40.7M | Reduce -38.5% |
| MDLZ Mondelez International Inc. Class A | 0.81% | 594,982 | $40.1M | Reduce -16.4% |
| SN Sharkninja Inc. | 0.80% | 401,030 | $39.7M | Add +88.2% |
| AON Aon PLC Class A | 0.78% | 108,323 | $38.6M | Add +0.6% |
| TMO Thermo Fisher Scientific Inc. | 0.75% | 91,406 | $37.1M | Reduce -2.2% |
| TOL Toll Brothers Inc. | 0.70% | 301,750 | $34.4M | Add +515.3% |
| UBER Uber Technologies Inc. | 0.69% | 367,287 | $34.3M | Reduce -14.2% |
| FUN Six Flags Entertainment Corp. | 0.68% | 1,106,462 | $33.7M | Reduce -23.8% |
| HD Home Depot Inc. | 0.67% | 90,328 | $33.1M | Reduce -0.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.66% | 45 | $32.8M | No change |
| CMCSA Comcast Corp. Class A | 0.66% | 914,375 | $32.6M | Reduce -7.1% |
| FISV Fiserv Inc. | 0.65% | 187,085 | $32.3M | Add +10.2% |
| PLD Prologis Inc. | 0.63% | 296,447 | $31.2M | Add +57.4% |
| LOW Lowe's Cos Inc. | 0.62% | 138,881 | $30.8M | Reduce -2.2% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.61% | 331,539 | $30.2M | Reduce -1.0% |
| CL Colgate-Palmolive Co. | 0.60% | 325,695 | $29.6M | Reduce -0.2% |
| APD Air Products & Chemicals Inc. | 0.59% | 103,876 | $29.3M | Add +18.8% |
| XYL Xylem Inc. | 0.58% | 221,645 | $28.7M | Add +3.4% |
| JNJ Johnson & Johnson | 0.58% | 186,930 | $28.6M | Add +1.6% |
| ADBE Adobe Inc. | 0.57% | 73,340 | $28.4M | Reduce -3.2% |
| NOW ServiceNow Inc. | 0.57% | 27,250 | $28.0M | Add +1.6% |
| FNV Franco-Nevada Corp. | 0.55% | 166,865 | $27.4M | Add +1.8% |
| LMT Lockheed Martin Corp. | 0.55% | 58,500 | $27.1M | Reduce -0.8% |
| MRK Merck & Co. Inc. | 0.54% | 337,358 | $26.7M | Add +0.7% |
| ADP Automatic Data Processing | 0.53% | 85,217 | $26.3M | Add +0.0% |
| FDX FedEx Corp. | 0.53% | 115,091 | $26.2M | Reduce -1.2% |
| CCK Crown Holdings Inc. | 0.51% | 247,157 | $25.5M | Reduce -12.4% |
| CVX Chevron Corp. | 0.51% | 177,735 | $25.4M | Add +0.1% |
| HON Honeywell International Inc. | 0.50% | 106,410 | $24.8M | Add +0.4% |
| ILMN Illumina Inc. | 0.48% | 248,420 | $23.7M | Reduce -21.9% |
| QSR Restaurant Brands Intern | 0.47% | 351,554 | $23.3M | Reduce -1.7% |
| BEPC Brookfield Renewable Corp. | 0.45% | 684,864 | $22.4M | Reduce -25.8% |
| KO The Coca-Cola Co. | 0.44% | 309,501 | $21.9M | Reduce -1.9% |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 0.43% | 364,918 | $21.3M | Reduce -34.0% |
| LEN Lennar Corp. Class A | 0.43% | 191,751 | $21.2M | Add +0.6% |
| KMX Carmax Inc. | 0.42% | 308,925 | $20.8M | Add +534.2% |
| ITW Illinois Tool Works | 0.42% | 83,773 | $20.7M | Reduce -0.8% |
| SYY Sysco Corp. | 0.41% | 267,522 | $20.3M | Reduce -2.3% |
| RTX RTX Corp. | 0.40% | 135,293 | $19.8M | Add +0.9% |
| CSTM Constellium SE | 0.40% | 1,480,132 | $19.7M | Add +1075.8% |
| TTWO Take-Two Interactive Softwre | 0.39% | 80,038 | $19.4M | Reduce -0.1% |
| PBI Pitney Bowes Inc. | 0.39% | 1,775,887 | $19.4M | Add +34.2% |
| XOM Exxon Mobil Corp. | 0.38% | 175,728 | $18.9M | Reduce -1.0% |
| AMCR Amcor PLC | 0.38% | 2,061,292 | $18.9M | New |
| NVT Nvent Electric PLC | 0.38% | 257,592 | $18.9M | Add +8.9% |
| PEP Pepsico Inc. | 0.36% | 133,476 | $17.6M | Reduce -4.6% |
| HCA HCA Healthcare Inc. | 0.34% | 44,486 | $17.0M | Reduce -1.4% |
| PHYS Sprott Physical Gold Trust | 0.31% | 614,790 | $15.6M | Reduce -0.1% |
| FTV Fortive Corp. | 0.31% | 294,064 | $15.3M | Reduce -35.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.30% | 49,617 | $14.6M | Add +29.5% |
| CEF Sprott Physical Gold and Sil | 0.29% | 483,025 | $14.5M | No change |
| REGN Regeneron Pharmaceuticals | 0.28% | 26,461 | $13.9M | Reduce -59.0% |
| GM General Motors Co. | 0.27% | 272,776 | $13.4M | Reduce -77.6% |
| SKT Tanger Inc. | 0.26% | 420,265 | $12.9M | Add +31.9% |
| PAR Par Technology Corp. | 0.26% | 183,894 | $12.8M | Add +3.9% |
| MLM Martin Marietta Materials | 0.25% | 22,913 | $12.6M | Add +2760.6% |
| BMY Bristol-Myers Squibb Co. | 0.25% | 271,091 | $12.5M | Reduce -0.3% |
| UNP Union Pacific Corp. | 0.24% | 52,240 | $12.0M | Reduce -1.4% |
| AFL Aflac Inc. | 0.24% | 113,717 | $12.0M | Reduce -0.7% |
| PG The Procter & Gamble Co. | 0.24% | 74,694 | $11.9M | Reduce -4.2% |
| VOO Vanguard S&P 500 ETF | 0.22% | 18,885 | $10.7M | Reduce -5.8% |
| GE General Electric filed as GE AEROSPACE | 0.21% | 41,156 | $10.6M | Reduce -19.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.21% | 16,826 | $10.4M | Add +9.5% |
| ELV Elevance Health Inc. | 0.21% | 26,404 | $10.3M | Add +0.7% |
| BALL Ball Corp. | 0.20% | 178,214 | $10.0M | Reduce -1.0% |
| SAND Sandstorm Gold Ltd. | 0.19% | 1,021,040 | $9.6M | Reduce -0.1% |
Portfolio Sells Q1 2025 → Q2 2025
| GM General Motors Co. | Reduce -77.6% | 0.27% | −0.96 |
| XPO Xpo Inc. | Sold out | 0.00% | −0.91 |
| META Meta Platforms Inc. Class A | Reduce -85.8% | 0.16% | −0.77 |
| FIS Fidelity National Info Serv | Reduce -39.4% | 1.16% | −0.71 |
| UAL United Airlines Holdings Inc. | Sold out | 0.00% | −0.70 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.4% | 3.36% | −0.66 |
| AAPL Apple Inc. | Reduce -3.0% | 3.22% | −0.61 |
| REGN Regeneron Pharmaceuticals | Reduce -59.0% | 0.28% | −0.60 |
| FTAI Ftai Aviation Ltd. | Reduce -38.5% | 0.82% | −0.55 |
| JEF Jefferies Financial Group Inc. | Sold out | 0.00% | −0.44 |
| FUN Six Flags Entertainment Corp. | Reduce -23.8% | 0.68% | −0.43 |
| BERY Berry Global Group Inc. | Sold out | 0.00% | −0.42 |
| GOOG Alphabet Inc. Class C | Reduce -17.4% | 3.06% | −0.42 |
| FTV Fortive Corp. | Reduce -35.6% | 0.31% | −0.41 |
| TMO Thermo Fisher Scientific Inc. | Reduce -2.2% | 0.75% | −0.25 |
| CB Chubb Ltd. | Reduce -1.8% | 1.78% | −0.23 |
| MDLZ Mondelez International Inc. Class A | Reduce -16.4% | 0.81% | −0.23 |
| WTM White Mountains Insurance GP | Reduce -1.1% | 1.03% | −0.16 |
| TMHC Taylor Morrison Home Corp. | Sold out | 0.00% | −0.15 |
| AL Sumisho Air Lease Corp. | Reduce -34.0% | 0.43% | −0.14 |
| FLS Flowserve Corp. | Sold out | 0.00% | −0.14 |
| EXE Expand Energy Corp. | Reduce -7.1% | 1.35% | −0.12 |
| CMCSA Comcast Corp. Class A | Reduce -7.1% | 0.66% | −0.12 |
| ABT Abbott Laboratories | Reduce -3.6% | 1.43% | −0.11 |
| BMY Bristol-Myers Squibb Co. | Reduce -0.3% | 0.25% | −0.10 |
| BEPC Brookfield Renewable Corp. | Reduce -25.8% | 0.45% | −0.10 |
| PEP Pepsico Inc. | Reduce -4.6% | 0.36% | −0.10 |
| LOW Lowe's Cos Inc. | Reduce -2.2% | 0.62% | −0.09 |
| FDX FedEx Corp. | Reduce -1.2% | 0.53% | −0.08 |
| XOM Exxon Mobil Corp. | Reduce -1.0% | 0.38% | −0.07 |
| ILMN Illumina Inc. | Reduce -21.9% | 0.48% | −0.06 |
| RAL Ralliant Corp. | Reduce -35.5% | 0.10% | −0.06 |
| TJX TJX Companies Inc. | Reduce -2.1% | 0.83% | −0.06 |
| CL Colgate-Palmolive Co. | Reduce -0.2% | 0.60% | −0.06 |
| DE Deere & Co. | Reduce -28.4% | 0.16% | −0.06 |
| ICE Intercontinental Exchange Inc. | Reduce -5.0% | 1.02% | −0.06 |
| IART Integra Lifesciences Holding | Sold out | 0.00% | −0.06 |
| ADBE Adobe Inc. | Reduce -3.2% | 0.57% | −0.05 |
| HD Home Depot Inc. | Reduce -0.9% | 0.67% | −0.05 |
| EQT Eqt Corp. | Reduce -5.8% | 1.27% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -4.2% | 0.24% | −0.05 |
| KO The Coca-Cola Co. | Reduce -1.9% | 0.44% | −0.04 |
| QSR Restaurant Brands Intern | Reduce -1.7% | 0.47% | −0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -38.8% | 0.05% | −0.04 |
| DHI D.R. Horton Inc. | Reduce -19.4% | 0.13% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -3.4% | 0.05% | −0.04 |
| AXSM Axsome Therapeutics Inc. | Reduce -0.1% | 0.18% | −0.03 |
| SYY Sysco Corp. | Reduce -2.3% | 0.41% | −0.03 |
| ITW Illinois Tool Works | Reduce -0.8% | 0.42% | −0.03 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| ORCL Oracle Corp. | Add +44.3% | 2.78% | +1.47 |
| NVDA Nvidia Corp. | Add +299.8% | 1.26% | +1.03 |
| AVGO Broadcom Inc. | Add +58.6% | 1.46% | +0.87 |
| ADI Analog Devices Inc. | Add +82.3% | 1.30% | +0.66 |
| TOL Toll Brothers Inc. | Add +515.3% | 0.70% | +0.58 |
| FCNCA First Citizens Bcshs Class A | Add +177.6% | 0.83% | +0.53 |
| GIL Gildan Activewear Inc. | Add +130.9% | 0.83% | +0.48 |
| FNF Fidelity National Financial | Add +123.8% | 0.98% | +0.44 |
| SN Sharkninja Inc. | Add +88.2% | 0.80% | +0.42 |
| AMCR Amcor PLC | New | 0.38% | +0.38 |
| CSTM Constellium SE | Add +1075.8% | 0.40% | +0.37 |
| AMZN Amazon.com Inc. | Add +6.0% | 2.81% | +0.36 |
| KMX Carmax Inc. | Add +534.2% | 0.42% | +0.34 |
| MRP Millrose Properties | Add +19.4% | 1.50% | +0.25 |
| MLM Martin Marietta Materials | Add +2760.6% | 0.25% | +0.25 |
| AEM Agnico Eagle Mines Ltd. | Add +16.8% | 1.17% | +0.20 |
| PLD Prologis Inc. | Add +57.4% | 0.63% | +0.18 |
| PBI Pitney Bowes Inc. | Add +34.2% | 0.39% | +0.13 |
| GBFH Gbank Financial Holdings Inc. | New | 0.13% | +0.13 |
| NVT Nvent Electric PLC | Add +8.9% | 0.38% | +0.11 |
| TRP TC Energy Corp. | New | 0.11% | +0.11 |
| RYAAY Ryanair Holdings PLC-SP ADR | New | 0.11% | +0.11 |
| NOW ServiceNow Inc. | Add +1.6% | 0.57% | +0.11 |
| ABBV Abbvie Inc. | Add +30.1% | 1.28% | +0.10 |
| IBM Intl Business Machines Corp. | Add +29.5% | 0.30% | +0.09 |
| DHR Danaher Corp. | Add +16.7% | 1.68% | +0.09 |
| RY Royal Bank of Canada | Add +1125.9% | 0.09% | +0.08 |
| NEM Newmont Corp. | Add +104.8% | 0.13% | +0.07 |
| RDDT Reddit Inc. Class A | New | 0.06% | +0.06 |
| CP Canadian Pacific Kansas City | Add +78.6% | 0.12% | +0.06 |
| APD Air Products & Chemicals Inc. | Add +18.8% | 0.59% | +0.04 |
| CVCO Cavco Industries Inc. | Add +509.9% | 0.04% | +0.03 |
| CRH CRH PLC | Add +4.4% | 1.42% | +0.03 |
| SKT Tanger Inc. | Add +31.9% | 0.26% | +0.03 |
| XYL Xylem Inc. | Add +3.4% | 0.58% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +9.5% | 0.21% | +0.02 |
| IQV Iqvia Holdings Inc. | Add +42.4% | 0.15% | +0.02 |
| PAR Par Technology Corp. | Add +3.9% | 0.26% | +0.02 |
| LBTYA Liberty Global Ltd. Class A | New | 0.02% | +0.02 |
| GS Goldman Sachs Group Inc. | Add +0.8% | 0.10% | +0.02 |
| HON Honeywell International Inc. | Add +0.4% | 0.50% | +0.02 |
| RTX RTX Corp. | Add +0.9% | 0.40% | +0.02 |
| CVE Cenovus Energy Inc. | New | 0.02% | +0.02 |
| COF Capital One Financial Corp. | Add +9.1% | 0.09% | +0.02 |
| FND Floor & Decor Holdings Inc. Class A | New | 0.02% | +0.02 |
| IWB iShares Russell 1000 ETF | Add +4.2% | 0.19% | +0.01 |
| AGNC AGNC Investment Corp. | Add +227.0% | 0.02% | +0.01 |
| PR Permian Resources Corp. Class A | New | 0.01% | +0.01 |
| INTU Intuit Inc. | Add +0.1% | 0.06% | +0.01 |
| LHX L3HARRIS Technologies Inc. | Add +0.8% | 0.08% | +0.01 |
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 |