Chevy Chase Trust Holdings, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 29, 2025), Chevy Chase Trust Holdings, LLC reported 633 stock positions worth $34.4 billion. Its top holding was Nvidia (NVDA) at 7.4% of the portfolio, followed by Microsoft (MSFT, 6.8%) and Apple (AAPL, 5.8%). Compared with Q1 2025, it opened 10 new positions, sold out of 10, added to 371 and reduced 215. The biggest buy was Microsoft (MSFT, shares +0%) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- BETHESDA, MD
- CIK
- 0001462020
- Portfolio Value
- $34.4B (Q2 2025)
- SEC Filing
- 0001085146-25-004237 ↗ filed Jul 29, 2025
Holdings Value
Holdings 633 stocks · $34.4B
| NVDA Nvidia Corp. | 7.40% | 16,093,544 | $2.5B | Reduce -0.8% |
| MSFT Microsoft Corp. | 6.79% | 4,691,064 | $2.3B | Add +0.2% |
| AAPL Apple Inc. | 5.78% | 9,679,767 | $2.0B | Reduce -0.6% |
| AMZN Amazon.com Inc. | 3.93% | 6,156,654 | $1.4B | Add +0.5% |
| META Meta Platforms Inc. Class A | 2.48% | 1,152,980 | $851.0M | Reduce -0.1% |
| AVGO Broadcom Inc. | 2.23% | 2,776,951 | $765.5M | Add +1.4% |
| GOOGL Alphabet Inc. Class A | 2.00% | 3,901,597 | $687.6M | Reduce -0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.99% | 1,411,421 | $685.6M | Reduce -0.1% |
| JPM JPMorgan Chase & Co. | 1.80% | 2,138,495 | $620.0M | Reduce -1.6% |
| GOOG Alphabet Inc. Class C | 1.79% | 3,462,856 | $614.3M | Reduce -0.5% |
| V Visa Inc. Class A | 1.52% | 1,474,513 | $523.5M | Reduce -0.1% |
| TSLA Tesla Inc. | 1.37% | 1,485,331 | $471.8M | Add +0.8% |
| COST Costco Wholesale Corp. | 1.24% | 429,312 | $425.0M | Add +0.6% |
| GS Goldman Sachs Group Inc. | 1.00% | 485,081 | $343.3M | Reduce -0.9% |
| LLY Eli Lilly & Co. | 0.96% | 421,351 | $328.5M | Add +0.6% |
| NFLX Netflix Inc. | 0.89% | 227,887 | $305.2M | Add +0.2% |
| XOM Exxon Mobil Corp. | 0.76% | 2,419,418 | $260.8M | Reduce -0.1% |
| MA Mastercard Inc. Class A | 0.73% | 448,507 | $252.0M | Add +0.5% |
| WMT Walmart Inc. | 0.66% | 2,305,073 | $225.4M | Add +0.6% |
| JNJ Johnson & Johnson | 0.62% | 1,401,388 | $214.1M | Add +0.7% |
| PG The Procter & Gamble Co. | 0.60% | 1,284,604 | $204.7M | Add +0.5% |
| ISRG Intuitive Surgical Inc. | 0.59% | 371,248 | $201.7M | Add +0.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.58% | 1,627,523 | $201.0M | Add +2.1% |
| UNH Unitedhealth Group Inc. | 0.58% | 640,300 | $199.8M | Reduce -7.7% |
| HD Home Depot Inc. | 0.57% | 537,241 | $197.0M | Add +0.9% |
| VRTX Vertex Pharmaceuticals Inc. | 0.57% | 440,927 | $196.3M | Reduce -0.5% |
| ORCL Oracle Corp. | 0.56% | 885,632 | $193.6M | Add +0.9% |
| ABBV Abbvie Inc. | 0.52% | 962,268 | $178.6M | Add +0.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.49% | 3,537,714 | $167.4M | Reduce -0.7% |
| VZ Verizon Communications Inc. | 0.46% | 3,658,550 | $158.3M | Add +0.6% |
| CSCO Cisco Systems Inc. | 0.45% | 2,233,086 | $154.9M | Reduce -1.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.45% | 1,245,905 | $154.5M | Reduce -17.2% |
| PLTR Palantir Technologies Inc. Class A | 0.45% | 1,124,515 | $153.3M | Add +4.5% |
| CDNS Cadence Design SYS Inc. | 0.44% | 496,016 | $152.8M | Reduce -2.0% |
| KO The Coca-Cola Co. | 0.44% | 2,158,337 | $152.7M | Add +1.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.44% | 516,223 | $152.2M | Add +2.2% |
| PM Philip Morris International | 0.44% | 832,522 | $151.6M | Add +1.2% |
| NEE Nextera Energy Inc. | 0.43% | 2,140,467 | $148.6M | Add +0.6% |
| GE General Electric filed as GE AEROSPACE | 0.43% | 571,039 | $147.0M | Add +0.1% |
| ACN Accenture PLC Class A | 0.43% | 489,296 | $146.2M | Reduce -10.3% |
| CRM Salesforce Inc. | 0.40% | 508,745 | $138.7M | Add +1.0% |
| WFC Wells Fargo & Co. | 0.40% | 1,730,994 | $138.7M | Reduce -0.1% |
| NVS Novartis AG-Sponsored ADR | 0.40% | 1,135,326 | $137.4M | Add +3.1% |
| ABT Abbott Laboratories | 0.38% | 949,801 | $129.2M | Add +1.0% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.37% | 248,546 | $126.6M | Add +33.3% |
| CVX Chevron Corp. | 0.36% | 873,274 | $125.0M | Reduce -2.2% |
| EOG EOG Resources Inc. | 0.36% | 1,041,837 | $124.6M | Reduce -5.7% |
| AMD Advanced Micro Devices | 0.35% | 857,288 | $121.6M | Add +0.8% |
| SAN Banco Santander SA-Spon ADR | 0.35% | 14,482,986 | $120.2M | Add +22.0% |
| SHEL Shell PLC-ADR | 0.35% | 1,698,052 | $119.6M | Reduce -1.0% |
| AXP American Express Co. | 0.34% | 371,453 | $118.5M | Reduce -13.9% |
| LIN Linde PLC | 0.34% | 249,486 | $117.1M | Reduce -0.5% |
| INTU Intuit Inc. | 0.34% | 147,828 | $116.4M | Add +0.6% |
| PEP Pepsico Inc. | 0.33% | 869,727 | $114.8M | Reduce -12.5% |
| MCD McDonald's Corp. | 0.33% | 391,553 | $114.4M | Add +0.5% |
| NOW ServiceNow Inc. | 0.33% | 109,560 | $112.6M | Add +1.3% |
| T AT&T Inc. | 0.32% | 3,833,431 | $110.9M | Add +1.0% |
| TMO Thermo Fisher Scientific Inc. | 0.32% | 272,082 | $110.3M | Add +12.2% |
| REGN Regeneron Pharmaceuticals | 0.32% | 206,728 | $108.5M | Reduce -6.5% |
| AEP American Electric Power | 0.32% | 1,044,695 | $108.4M | Add +4.5% |
| MRK Merck & Co. Inc. | 0.31% | 1,365,424 | $108.1M | Reduce -0.2% |
| IAU iShares Gold Trust | 0.31% | 1,686,108 | $105.1M | Reduce -8.6% |
| RTX RTX Corp. | 0.30% | 716,515 | $104.6M | Add +0.9% |
| TMUS T-Mobile US Inc. | 0.30% | 436,651 | $104.0M | Reduce -7.0% |
| UBER Uber Technologies Inc. | 0.30% | 1,105,396 | $103.1M | Add +0.9% |
| ECL Ecolab Inc. | 0.30% | 381,703 | $102.8M | Add +0.4% |
| NTRA Natera Inc. | 0.29% | 596,939 | $100.8M | Add +5.4% |
| TXN Texas Instruments Inc. | 0.29% | 483,838 | $100.5M | Add +0.5% |
| BKNG Booking Holdings Inc. | 0.29% | 17,346 | $100.4M | Reduce -1.0% |
| KAI Kadant Inc. | 0.29% | 312,256 | $99.1M | Reduce -29.5% |
| CAT Caterpillar Inc. | 0.29% | 253,624 | $98.5M | Reduce -1.1% |
| ASML ASML Holding NV-NY Reg SHS | 0.28% | 121,359 | $97.3M | Add +8.2% |
| ADBE Adobe Inc. | 0.28% | 248,556 | $96.2M | Add +1.0% |
| QCOM Qualcomm Inc. | 0.27% | 581,997 | $92.7M | Reduce -0.1% |
| MS Morgan Stanley | 0.27% | 657,397 | $92.6M | Add +0.5% |
| NDAQ Nasdaq Inc. | 0.27% | 1,027,255 | $91.9M | Add +1.4% |
| ROP Roper Technologies Inc. | 0.27% | 161,473 | $91.5M | Reduce -1.3% |
| IVV iShares Core S&P 500 ETF | 0.26% | 142,542 | $88.5M | Reduce -23.0% |
| SPGI S&P Global Inc. | 0.26% | 166,630 | $87.9M | Add +0.4% |
| BLK BlackRock Inc. | 0.25% | 81,492 | $85.5M | Add +0.7% |
| AMAT Applied Materials Inc. | 0.25% | 465,980 | $85.3M | Add +0.7% |
| C Citigroup Inc. | 0.25% | 994,082 | $84.6M | Add +0.2% |
| LMT Lockheed Martin Corp. | 0.25% | 182,639 | $84.6M | Add +0.1% |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 0.25% | 6,163,005 | $84.6M | Reduce -0.6% |
| BSX Boston Scientific Corp. | 0.24% | 781,674 | $84.0M | Add +1.1% |
| SCHW Schwab (charles) Corp. | 0.24% | 919,454 | $83.9M | Add +1.1% |
| BA The Boeing Co. | 0.24% | 398,746 | $83.5M | Add +1.2% |
| PGR Progressive Corp. | 0.24% | 309,926 | $82.7M | Add +0.8% |
| PI Impinj Inc. | 0.24% | 740,081 | $82.2M | Add +1.1% |
| AMGN Amgen Inc. | 0.24% | 290,028 | $81.0M | Add +0.7% |
| HON Honeywell International Inc. | 0.23% | 342,412 | $79.7M | Reduce -0.6% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.23% | 2,299,254 | $77.7M | Reduce -5.2% |
| GEV GE Vernova Inc. | 0.22% | 146,116 | $77.3M | Reduce -0.4% |
| DHR Danaher Corp. | 0.22% | 387,452 | $76.5M | Reduce -0.5% |
| SYK Stryker Corp. | 0.22% | 193,083 | $76.4M | Add +0.9% |
| SNOW Snowflake Inc. | 0.22% | 334,566 | $74.9M | Add +1.5% |
| UNP Union Pacific Corp. | 0.22% | 322,168 | $74.1M | Reduce -0.4% |
| ETN Eaton Corp. PLC | 0.22% | 207,301 | $74.0M | Reduce -0.3% |
| PFE Pfizer Inc. | 0.21% | 3,048,329 | $73.9M | Add +0.9% |
| GILD Gilead Sciences Inc. | 0.21% | 662,803 | $73.5M | Add +0.5% |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -0.6% | 5.78% | −1.14 |
| UNH Unitedhealth Group Inc. | Reduce -7.7% | 0.58% | −0.58 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.1% | 1.99% | −0.41 |
| KAI Kadant Inc. | Reduce -29.5% | 0.29% | −0.19 |
| XOM Exxon Mobil Corp. | Reduce -0.1% | 0.76% | −0.16 |
| PEP Pepsico Inc. | Reduce -12.5% | 0.33% | −0.14 |
| REGN Regeneron Pharmaceuticals | Reduce -6.5% | 0.32% | −0.13 |
| V Visa Inc. Class A | Reduce -0.1% | 1.52% | −0.13 |
| ACN Accenture PLC Class A | Reduce -10.3% | 0.43% | −0.12 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -0.5% | 0.57% | −0.12 |
| CVX Chevron Corp. | Reduce -2.2% | 0.36% | −0.11 |
| MSCI MSCI Inc. | Reduce -45.2% | 0.11% | −0.11 |
| SLB SLB Ltd. | Reduce -5.2% | 0.23% | −0.10 |
| TMUS T-Mobile US Inc. | Reduce -7.0% | 0.30% | −0.10 |
| EOG EOG Resources Inc. | Reduce -5.7% | 0.36% | −0.09 |
| MRK Merck & Co. Inc. | Reduce -0.2% | 0.31% | −0.08 |
| IVV iShares Core S&P 500 ETF | Reduce -23.0% | 0.26% | −0.08 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.07 |
| FISV Fiserv Inc. | Reduce -1.8% | 0.15% | −0.06 |
| FNV Franco-Nevada Corp. | Reduce -18.6% | 0.20% | −0.06 |
| COP Conocophillips | Reduce -0.2% | 0.19% | −0.06 |
| SHEL Shell PLC-ADR | Reduce -1.0% | 0.35% | −0.05 |
| ROP Roper Technologies Inc. | Reduce -1.3% | 0.27% | −0.04 |
| IAU iShares Gold Trust | Reduce -8.6% | 0.31% | −0.04 |
| ELV Elevance Health Inc. | Reduce -2.2% | 0.14% | −0.03 |
| LIN Linde PLC | Reduce -0.5% | 0.34% | −0.03 |
| DHR Danaher Corp. | Reduce -0.5% | 0.22% | −0.03 |
| LOW Lowe's Cos Inc. | Reduce -0.2% | 0.19% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -0.6% | 0.21% | −0.03 |
| TRNO Terreno Realty Corp. | Reduce -3.6% | 0.10% | −0.03 |
| UNP Union Pacific Corp. | Reduce -0.4% | 0.22% | −0.03 |
| FVRR Fiverr International Ltd. | Reduce -45.0% | 0.04% | −0.03 |
| AXP American Express Co. | Reduce -13.9% | 0.34% | −0.03 |
| DIS The Walt Disney Co. | Reduce -17.2% | 0.45% | −0.03 |
| MUFG Mitsubishi Ufj Finl-Spon ADR | Reduce -0.6% | 0.25% | −0.02 |
| CHX Championx Corp. | Reduce -63.1% | 0.01% | −0.02 |
| PAYX Paychex Inc. | Reduce -2.9% | 0.09% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -0.1% | 0.27% | −0.02 |
| MAS Masco Corp. | Reduce -31.2% | 0.02% | −0.02 |
| CI The Cigna Group | Reduce -1.6% | 0.14% | −0.02 |
| TGT Target Corp. | Reduce -0.8% | 0.09% | −0.01 |
| AFL Aflac Inc. | Reduce -0.9% | 0.09% | −0.01 |
| CGNX Cognex Corp. | Reduce -7.6% | 0.12% | −0.01 |
| HOLX Hologic Inc. | Reduce -34.2% | 0.02% | −0.01 |
| LULU Lululemon Athletica Inc. | Reduce -0.6% | 0.04% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -6.7% | 0.19% | −0.01 |
| DGX Quest Diagnostics Inc. | Reduce -17.3% | 0.05% | −0.01 |
| PSX Phillips 66 | Reduce -0.8% | 0.08% | −0.01 |
| AIG American International Group | Reduce -2.2% | 0.08% | −0.01 |
| IQV Iqvia Holdings Inc. | Reduce -2.4% | 0.04% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| MSFT Microsoft Corp. | Add +0.2% | 6.79% | +1.17 |
| AVGO Broadcom Inc. | Add +1.4% | 2.23% | +0.76 |
| NFLX Netflix Inc. | Add +0.2% | 0.89% | +0.21 |
| AMZN Amazon.com Inc. | Add +0.5% | 3.93% | +0.20 |
| ORCL Oracle Corp. | Add +0.9% | 0.56% | +0.17 |
| BWXT BWX Technologies Inc. | Add +403.3% | 0.19% | +0.17 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +33.3% | 0.37% | +0.16 |
| PLTR Palantir Technologies Inc. Class A | Add +4.5% | 0.45% | +0.16 |
| TSLA Tesla Inc. | Add +0.8% | 1.37% | +0.15 |
| COIN Coinbase Global Inc. Class A | New | 0.11% | +0.11 |
| SAN Banco Santander SA-Spon ADR | Add +22.0% | 0.35% | +0.10 |
| COF Capital One Financial Corp. | Add +68.3% | 0.21% | +0.09 |
| AMD Advanced Micro Devices | Add +0.8% | 0.35% | +0.07 |
| SNOW Snowflake Inc. | Add +1.5% | 0.22% | +0.06 |
| GE General Electric | Add +0.1% | 0.43% | +0.06 |
| NOW ServiceNow Inc. | Add +1.3% | 0.33% | +0.05 |
| APH Amphenol Corp. Class A | Add +0.6% | 0.18% | +0.05 |
| CEG Constellation Energy | Add +1.2% | 0.16% | +0.05 |
| INTU Intuit Inc. | Add +0.6% | 0.34% | +0.05 |
| MU Micron Technology Inc. | Add +1.0% | 0.21% | +0.05 |
| ASML ASML Holding NV-NY Reg SHS | Add +8.2% | 0.28% | +0.05 |
| UBER Uber Technologies Inc. | Add +0.9% | 0.30% | +0.04 |
| IBM Intl Business Machines Corp. | Add +2.2% | 0.44% | +0.04 |
| NTRA Natera Inc. | Add +5.4% | 0.29% | +0.04 |
| RCL Royal Caribbean Cruises Ltd. | Add +1.7% | 0.12% | +0.04 |
| LRCX Lam Research Corp. | Add +0.4% | 0.19% | +0.04 |
| VST Vistra Corp. | Add +0.5% | 0.10% | +0.03 |
| AMAT Applied Materials Inc. | Add +0.7% | 0.25% | +0.03 |
| ANET Arista Networks Inc. | Add +0.6% | 0.18% | +0.03 |
| KLAC KLA Corp. | Add +0.5% | 0.18% | +0.03 |
| AXON Axon Enterprise Inc. | Add +3.0% | 0.09% | +0.03 |
| BA The Boeing Co. | Add +1.2% | 0.24% | +0.03 |
| HWM Howmet Aerospace Inc. | Add +0.4% | 0.12% | +0.03 |
| PI Impinj Inc. | Add +1.1% | 0.24% | +0.03 |
| DASH DoorDash Inc. Class A | Add +1.8% | 0.13% | +0.03 |
| UL Unilever PLC | Add +41.2% | 0.11% | +0.03 |
| MS Morgan Stanley | Add +0.5% | 0.27% | +0.03 |
| PM Philip Morris International | Add +1.2% | 0.44% | +0.02 |
| PWR Quanta Services Inc. | Add +1.4% | 0.09% | +0.02 |
| TT Trane Technologies PLC | Add +0.1% | 0.15% | +0.02 |
| NDAQ Nasdaq Inc. | Add +1.4% | 0.27% | +0.02 |
| C Citigroup Inc. | Add +0.2% | 0.25% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +0.6% | 0.21% | +0.02 |
| JCI Johnson Controls Internation | Add +0.4% | 0.11% | +0.02 |
| ATO Atmos Energy Corp. | Add +20.2% | 0.21% | +0.02 |
| STX Seagate Technology Holdings | Add +1.0% | 0.05% | +0.02 |
| SCHW Schwab (charles) Corp. | Add +1.1% | 0.24% | +0.02 |
| TXN Texas Instruments Inc. | Add +0.5% | 0.29% | +0.02 |
| MCHP Microchip Technology Inc. | Add +0.7% | 0.06% | +0.01 |
| ADI Analog Devices Inc. | Add +0.7% | 0.18% | +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 |