Chevy Chase Trust Holdings, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 23, 2025), Chevy Chase Trust Holdings, LLC reported 633 stock positions worth $31.3 billion. Its top holding was Apple (AAPL) at 6.9% of the portfolio, followed by Nvidia (NVDA, 5.6%) and Microsoft (MSFT, 5.6%). Compared with Q4 2024, it opened 18 new positions, sold out of 18, added to 126 and reduced 459. The biggest buy was T-Mobile US (TMUS, shares +50%) and the biggest sale Nvidia (NVDA, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- BETHESDA, MD
- CIK
- 0001462020
- Portfolio Value
- $31.3B (Q1 2025)
- SEC Filing
- 0001085146-25-002257 ↗ filed Apr 23, 2025
Holdings Value
Holdings 633 stocks · $31.3B
| AAPL Apple Inc. | 6.92% | 9,739,667 | $2.2B | Reduce -0.9% |
| NVDA Nvidia Corp. | 5.62% | 16,229,269 | $1.8B | Reduce -1.6% |
| MSFT Microsoft Corp. | 5.62% | 4,682,092 | $1.8B | Reduce -2.1% |
| AMZN Amazon.com Inc. | 3.73% | 6,123,360 | $1.2B | Add +0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.41% | 1,413,594 | $752.9M | Reduce -1.0% |
| META Meta Platforms Inc. Class A | 2.13% | 1,154,710 | $665.5M | Add +0.4% |
| GOOGL Alphabet Inc. Class A | 1.94% | 3,923,752 | $606.8M | Reduce -0.8% |
| GOOG Alphabet Inc. Class C | 1.74% | 3,479,629 | $543.6M | Reduce -1.5% |
| JPM JPMorgan Chase & Co. | 1.70% | 2,172,083 | $532.8M | Reduce -0.7% |
| V Visa Inc. Class A | 1.65% | 1,476,419 | $517.4M | Reduce -2.6% |
| AVGO Broadcom Inc. | 1.47% | 2,737,242 | $458.3M | Add +1.9% |
| COST Costco Wholesale Corp. | 1.29% | 426,717 | $403.6M | Add +0.4% |
| TSLA Tesla Inc. | 1.22% | 1,473,563 | $381.9M | Add +0.1% |
| UNH Unitedhealth Group Inc. | 1.16% | 693,917 | $363.4M | Reduce -0.5% |
| LLY Eli Lilly & Co. | 1.11% | 418,833 | $345.9M | Reduce -0.1% |
| XOM Exxon Mobil Corp. | 0.92% | 2,421,080 | $287.9M | Reduce -0.8% |
| GS Goldman Sachs Group Inc. | 0.86% | 489,566 | $267.4M | Reduce -2.3% |
| MA Mastercard Inc. Class A | 0.78% | 446,460 | $244.7M | Reduce -0.9% |
| JNJ Johnson & Johnson | 0.74% | 1,392,345 | $230.9M | Reduce -0.5% |
| PG The Procter & Gamble Co. | 0.70% | 1,277,853 | $217.8M | Reduce -0.8% |
| VRTX Vertex Pharmaceuticals Inc. | 0.69% | 443,048 | $214.8M | Reduce -0.4% |
| NFLX Netflix Inc. | 0.68% | 227,420 | $212.1M | Reduce -0.1% |
| WMT Walmart Inc. | 0.64% | 2,292,324 | $201.2M | Reduce -0.2% |
| ABBV Abbvie Inc. | 0.64% | 957,278 | $200.6M | Reduce -0.4% |
| HD Home Depot Inc. | 0.62% | 532,457 | $195.1M | Reduce -0.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.62% | 1,593,326 | $194.1M | Add +9.8% |
| ISRG Intuitive Surgical Inc. | 0.59% | 369,930 | $183.2M | Reduce -4.8% |
| ACN Accenture PLC Class A | 0.54% | 545,746 | $170.3M | Reduce -5.3% |
| VZ Verizon Communications Inc. | 0.53% | 3,637,640 | $165.0M | Reduce -16.1% |
| KO The Coca-Cola Co. | 0.49% | 2,134,233 | $152.9M | Reduce -0.3% |
| NEE Nextera Energy Inc. | 0.48% | 2,127,120 | $150.8M | Reduce -1.1% |
| CVX Chevron Corp. | 0.48% | 892,983 | $149.4M | Reduce -0.2% |
| KAI Kadant Inc. | 0.48% | 442,883 | $149.2M | Reduce -6.8% |
| PEP Pepsico Inc. | 0.48% | 994,193 | $149.1M | Add +0.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.48% | 3,562,510 | $148.7M | Reduce -0.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.47% | 1,505,025 | $148.5M | Reduce -1.1% |
| EOG EOG Resources Inc. | 0.45% | 1,104,846 | $141.7M | Reduce -1.2% |
| REGN Regeneron Pharmaceuticals | 0.45% | 221,210 | $140.3M | Reduce -3.7% |
| CSCO Cisco Systems Inc. | 0.45% | 2,259,161 | $139.4M | Reduce -0.2% |
| CRM Salesforce Inc. | 0.43% | 503,910 | $135.2M | Add +0.0% |
| PM Philip Morris International | 0.42% | 822,494 | $130.6M | Add +0.4% |
| CDNS Cadence Design SYS Inc. | 0.41% | 505,931 | $128.7M | Reduce -10.7% |
| SHEL Shell PLC-ADR | 0.40% | 1,714,823 | $125.7M | Reduce -1.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.40% | 504,946 | $125.6M | Reduce -0.3% |
| TMUS T-Mobile US Inc. | 0.40% | 469,684 | $125.3M | Add +50.0% |
| ABT Abbott Laboratories | 0.40% | 940,739 | $124.8M | Reduce -0.4% |
| WFC Wells Fargo & Co. | 0.40% | 1,732,609 | $124.4M | Reduce -1.3% |
| MRK Merck & Co. Inc. | 0.39% | 1,368,548 | $122.8M | Reduce -0.1% |
| NVS Novartis AG-Sponsored ADR | 0.39% | 1,101,372 | $122.8M | Reduce -5.2% |
| ORCL Oracle Corp. | 0.39% | 877,829 | $122.7M | Add +0.8% |
| MCD McDonald's Corp. | 0.39% | 389,756 | $121.7M | Reduce -0.3% |
| TMO Thermo Fisher Scientific Inc. | 0.39% | 242,572 | $120.7M | Add +10.2% |
| LIN Linde PLC | 0.37% | 250,647 | $116.7M | Reduce -0.0% |
| AXP American Express Co. | 0.37% | 431,530 | $116.1M | Reduce -0.1% |
| GE General Electric filed as GE AEROSPACE | 0.37% | 570,764 | $114.2M | Reduce -0.8% |
| AEP American Electric Power | 0.35% | 999,383 | $109.2M | Add +9.1% |
| IAU iShares Gold Trust | 0.35% | 1,844,887 | $108.8M | Add +0.2% |
| T AT&T Inc. | 0.34% | 3,796,467 | $107.4M | Add +0.1% |
| IVV iShares Core S&P 500 ETF | 0.33% | 185,201 | $104.1M | Add +24.2% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.32% | 2,426,021 | $101.4M | Add +3.7% |
| ROP Roper Technologies Inc. | 0.31% | 163,566 | $96.4M | Reduce -10.8% |
| ECL Ecolab Inc. | 0.31% | 380,269 | $96.4M | Reduce -0.3% |
| ADBE Adobe Inc. | 0.30% | 246,196 | $94.4M | Add +0.6% |
| RTX RTX Corp. | 0.30% | 709,826 | $94.0M | Add +0.0% |
| PLTR Palantir Technologies Inc. Class A | 0.29% | 1,076,008 | $90.8M | Reduce -0.0% |
| INTU Intuit Inc. | 0.29% | 146,996 | $90.3M | Reduce -0.3% |
| AMGN Amgen Inc. | 0.29% | 288,106 | $89.8M | Reduce -0.1% |
| QCOM Qualcomm Inc. | 0.29% | 582,764 | $89.5M | Reduce -0.5% |
| AMD Advanced Micro Devices | 0.28% | 850,736 | $87.4M | Reduce -0.2% |
| PGR Progressive Corp. | 0.28% | 307,484 | $87.0M | Reduce -0.1% |
| TXN Texas Instruments Inc. | 0.28% | 481,414 | $86.5M | Reduce -0.3% |
| NOW ServiceNow Inc. | 0.28% | 108,108 | $86.1M | Reduce -0.1% |
| CAT Caterpillar Inc. | 0.27% | 256,490 | $84.6M | Reduce -1.3% |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 0.27% | 6,197,764 | $84.5M | Add +4.2% |
| SPGI S&P Global Inc. | 0.27% | 165,959 | $84.3M | Reduce -1.0% |
| FNV Franco-Nevada Corp. | 0.26% | 521,540 | $82.2M | Reduce -2.3% |
| LMT Lockheed Martin Corp. | 0.26% | 182,369 | $81.5M | Reduce -0.5% |
| BKNG Booking Holdings Inc. | 0.26% | 17,515 | $80.7M | Reduce -0.2% |
| NTRA Natera Inc. | 0.26% | 566,549 | $80.1M | Add +3.0% |
| UBER Uber Technologies Inc. | 0.26% | 1,095,588 | $79.8M | Reduce -0.9% |
| DHR Danaher Corp. | 0.26% | 389,198 | $79.8M | Reduce -1.4% |
| SAN Banco Santander SA-Spon ADR | 0.25% | 11,875,594 | $79.6M | Add +30.5% |
| BSX Boston Scientific Corp. | 0.25% | 773,165 | $78.0M | Reduce -0.1% |
| COP Conocophillips | 0.25% | 739,153 | $77.6M | Reduce -1.1% |
| NDAQ Nasdaq Inc. | 0.25% | 1,012,886 | $76.8M | Reduce -0.6% |
| BLK BlackRock Inc. | 0.24% | 80,937 | $76.6M | Reduce -0.2% |
| PFE Pfizer Inc. | 0.24% | 3,021,416 | $76.6M | Reduce -0.2% |
| UNP Union Pacific Corp. | 0.24% | 323,569 | $76.4M | Reduce -0.4% |
| MS Morgan Stanley | 0.24% | 653,858 | $76.3M | Reduce -0.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.24% | 112,184 | $74.3M | Reduce -8.9% |
| GILD Gilead Sciences Inc. | 0.24% | 659,363 | $73.9M | Reduce -0.1% |
| CMCSA Comcast Corp. Class A | 0.24% | 1,994,860 | $73.6M | Reduce -1.3% |
| HON Honeywell International Inc. | 0.23% | 344,573 | $73.0M | Reduce -0.4% |
| SYK Stryker Corp. | 0.23% | 191,358 | $71.2M | Reduce -0.8% |
| SCHW Schwab (charles) Corp. | 0.23% | 909,148 | $71.2M | Add +14.0% |
| ADP Automatic Data Processing | 0.23% | 231,071 | $70.6M | Reduce -0.7% |
| C Citigroup Inc. | 0.23% | 992,007 | $70.4M | Reduce -0.8% |
| LOW Lowe's Cos Inc. | 0.22% | 298,910 | $69.7M | Reduce -0.5% |
| MSCI MSCI Inc. | 0.22% | 121,778 | $68.9M | Reduce -20.8% |
| BA The Boeing Co. | 0.21% | 393,865 | $67.2M | Add +0.2% |
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -1.6% | 5.62% | −1.12 |
| AAPL Apple Inc. | Reduce -0.9% | 6.92% | −0.58 |
| MSFT Microsoft Corp. | Reduce -2.1% | 5.62% | −0.52 |
| GOOGL Alphabet Inc. Class A | Reduce -0.8% | 1.94% | −0.34 |
| GOOG Alphabet Inc. Class C | Reduce -1.5% | 1.74% | −0.31 |
| PI Impinj Inc. | Reduce -10.1% | 0.21% | −0.15 |
| CDNS Cadence Design SYS Inc. | Reduce -10.7% | 0.41% | −0.11 |
| ILMN Illumina Inc. | Reduce -0.1% | 0.13% | −0.08 |
| NOW ServiceNow Inc. | Reduce -0.1% | 0.28% | −0.07 |
| ACN Accenture PLC Class A | Reduce -5.3% | 0.54% | −0.07 |
| MSCI MSCI Inc. | Reduce -20.8% | 0.22% | −0.06 |
| IONQ Ionq Inc. | Reduce -21.2% | 0.04% | −0.05 |
| ANET Arista Networks Inc. | Reduce -0.1% | 0.15% | −0.05 |
| REGN Regeneron Pharmaceuticals | Reduce -3.7% | 0.45% | −0.05 |
| CGNX Cognex Corp. | Reduce -14.2% | 0.13% | −0.04 |
| DIS The Walt Disney Co. | Reduce -1.1% | 0.47% | −0.04 |
| AMD Advanced Micro Devices | Reduce -0.2% | 0.28% | −0.03 |
| ISRG Intuitive Surgical Inc. | Reduce -4.8% | 0.59% | −0.03 |
| ETN Eaton Corp. PLC | Reduce -0.1% | 0.18% | −0.03 |
| PYPL PayPal Holdings Inc. | Reduce -1.3% | 0.11% | −0.03 |
| KKR KKR & Co. Inc. | Reduce -0.1% | 0.13% | −0.03 |
| NKE Nike Inc. Class B | Reduce -2.0% | 0.17% | −0.03 |
| FVRR Fiverr International Ltd. | Reduce -6.6% | 0.07% | −0.03 |
| TGT Target Corp. | Reduce -1.0% | 0.10% | −0.02 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -8.9% | 0.24% | −0.02 |
| KAI Kadant Inc. | Reduce -6.8% | 0.48% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -0.1% | 0.39% | −0.02 |
| DHR Danaher Corp. | Reduce -1.4% | 0.26% | −0.02 |
| VDC Vanguard Consumer Staple ETF | Reduce -46.8% | 0.03% | −0.02 |
| XLK SS Technology Select Sector | Reduce -91.4% | 0.00% | −0.02 |
| AXP American Express Co. | Reduce -0.1% | 0.37% | −0.02 |
| GS Goldman Sachs Group Inc. | Reduce -2.3% | 0.86% | −0.02 |
| AMAT Applied Materials Inc. | Reduce -1.4% | 0.21% | −0.02 |
| CMG Chipotle Mexican Grill Inc. | Reduce -0.6% | 0.12% | −0.02 |
| CAT Caterpillar Inc. | Reduce -1.3% | 0.27% | −0.02 |
| HUBB Hubbell Inc. | Reduce -21.8% | 0.03% | −0.02 |
| LULU Lululemon Athletica Inc. | Reduce -0.9% | 0.05% | −0.02 |
| DAL Delta Air Lines Inc. | Reduce -0.1% | 0.05% | −0.02 |
| APO Apollo Global Management Inc. | Reduce -0.1% | 0.10% | −0.02 |
| GM General Motors Co. | Reduce -9.6% | 0.08% | −0.02 |
| ON On Semiconductor | Reduce -1.1% | 0.03% | −0.01 |
| TFX Teleflex Inc. | Sold out | 0.00% | −0.01 |
| MAR Marriott International Class A | Reduce -1.7% | 0.10% | −0.01 |
| SRE Sempra | Reduce -0.1% | 0.08% | −0.01 |
| UAL United Airlines Holdings Inc. | Reduce -0.1% | 0.04% | −0.01 |
| UPS United Parcel Service Class B | Reduce -0.0% | 0.14% | −0.01 |
| MC Moelis & Co. Class A | Sold out | 0.00% | −0.01 |
| CE Celanese Corp. | Sold out | 0.00% | −0.01 |
| PWR Quanta Services Inc. | Reduce -0.1% | 0.06% | −0.01 |
| BWA Borgwarner Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| TMUS T-Mobile US Inc. | Add +50.0% | 0.40% | +0.19 |
| SAN Banco Santander SA-Spon ADR | Add +30.5% | 0.25% | +0.13 |
| PM Philip Morris International | Add +0.4% | 0.42% | +0.12 |
| COST Costco Wholesale Corp. | Add +0.4% | 1.29% | +0.10 |
| DASH DoorDash Inc. Class A | New | 0.10% | +0.10 |
| AEP American Electric Power | Add +9.1% | 0.35% | +0.09 |
| TJX TJX Companies Inc. | Add +9.8% | 0.62% | +0.09 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +51.3% | 0.21% | +0.08 |
| T AT&T Inc. | Add +0.1% | 0.34% | +0.08 |
| META Meta Platforms Inc. Class A | Add +0.4% | 2.13% | +0.08 |
| IAU iShares Gold Trust | Add +0.2% | 0.35% | +0.07 |
| IVV iShares Core S&P 500 ETF | Add +24.2% | 0.33% | +0.07 |
| MUFG Mitsubishi Ufj Finl-Spon ADR | Add +4.2% | 0.27% | +0.06 |
| SLB SLB Ltd. | Add +3.7% | 0.32% | +0.05 |
| RTX RTX Corp. | Add +0.0% | 0.30% | +0.05 |
| SNOW Snowflake Inc. | Add +49.0% | 0.15% | +0.05 |
| SCHW Schwab (charles) Corp. | Add +14.0% | 0.23% | +0.05 |
| ATO Atmos Energy Corp. | Add +10.6% | 0.19% | +0.04 |
| EXE Expand Energy Corp. | New | 0.04% | +0.04 |
| WELL Welltower Inc. | Add +2.8% | 0.16% | +0.04 |
| TMO Thermo Fisher Scientific Inc. | Add +10.2% | 0.39% | +0.04 |
| AJG Arthur J Gallagher & Co. | Add +1.8% | 0.15% | +0.03 |
| ELV Elevance Health Inc. | Add +0.2% | 0.17% | +0.03 |
| MO Altria Group Inc. | Add +2.1% | 0.18% | +0.03 |
| WSM Williams-Sonoma Inc. | New | 0.03% | +0.03 |
| CDNA Caredx Inc. | New | 0.03% | +0.03 |
| ICE Intercontinental Exchange Inc. | Add +0.4% | 0.17% | +0.03 |
| BWXT BWX Technologies Inc. | New | 0.03% | +0.03 |
| DUK Duke Energy Corp. | Add +0.3% | 0.16% | +0.03 |
| SBUX Starbucks Corp. | Add +0.1% | 0.19% | +0.02 |
| PEP Pepsico Inc. | Add +0.7% | 0.48% | +0.02 |
| RSG Republic Services Inc. | Add +0.2% | 0.08% | +0.02 |
| PLD Prologis Inc. | Add +0.0% | 0.17% | +0.02 |
| IP International Paper Co. | Add +51.7% | 0.05% | +0.02 |
| TKO Tko Group Holdings Inc. | New | 0.02% | +0.02 |
| YOU Clear Secure Inc. Class A | New | 0.02% | +0.02 |
| DGX Quest Diagnostics Inc. | Add +10.2% | 0.06% | +0.01 |
| MU Micron Technology Inc. | Add +0.5% | 0.16% | +0.01 |
| MLI Mueller Industries Inc. | New | 0.01% | +0.01 |
| VTR Ventas Inc. | Add +4.1% | 0.05% | +0.01 |
| KDP Keurig Dr Pepper Inc. | Add +6.0% | 0.07% | +0.01 |
| WEC WEC Energy Group Inc. | Add +0.4% | 0.06% | +0.01 |
| ALL Allstate Corp. | Add +0.0% | 0.09% | +0.01 |
| UL Unilever PLC | Add +3.7% | 0.08% | +0.01 |
| CBOE Cboe Global Markets Inc. | Add +7.5% | 0.04% | +0.01 |
| OKE Oneok Inc. | Add +6.1% | 0.10% | +0.01 |
| TTWO Take-Two Interactive Softwre | Add +0.4% | 0.06% | +0.01 |
| CSGP Costar Group Inc. | Add +1.6% | 0.06% | +0.01 |
| BKR Baker Hughes Co. | Add +0.0% | 0.07% | +0.01 |
| DTE DTE Energy Company | Add +0.0% | 0.05% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 649 | $38.8B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 642 | $34.7B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 638 | $37.0B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 628 | $36.3B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q2 2025 | 633 | $34.4B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 633 | $31.3B | AAPL, NVDA, MSFT, AMZN, BRK.B |
| Q4 2024 | 633 | $32.8B | AAPL, NVDA, MSFT, AMZN, GOOGL |
| Q3 2024 | 625 | $32.6B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 613 | $31.3B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q1 2024 | 612 | $30.6B | MSFT, AAPL, NVDA, AMZN, GOOGL |