Clearbridge Investments, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Clearbridge Investments, LLC reported 698 stock positions worth $122.9 billion. Its top holding was Microsoft (MSFT) at 4.8% of the portfolio, followed by Nvidia (NVDA, 4.5%) and Meta Platforms Class A (META, 3.3%). Compared with Q1 2025, it opened 38 new positions, sold out of 35, added to 225 and reduced 386. The biggest buy was Nvidia (NVDA, shares +3%) and the biggest sale Unitedhealth (UNH, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001348883
- Portfolio Value
- $122.9B (Q2 2025)
- SEC Filing
- 0001348883-25-000013 ↗ filed Aug 12, 2025
Holdings Value
Holdings 698 stocks · $122.9B
| MSFT Microsoft Corp. | 4.82% | 11,909,708 | $5.9B | Add +0.3% |
| NVDA Nvidia Corp. | 4.50% | 35,019,508 | $5.5B | Add +3.1% |
| META Meta Platforms Inc. Class A | 3.32% | 5,534,748 | $4.1B | Add +6.7% |
| AMZN Amazon.com Inc. | 3.25% | 18,192,416 | $4.0B | Reduce -1.6% |
| AAPL Apple Inc. | 2.52% | 15,109,464 | $3.1B | Add +1.5% |
| AVGO Broadcom Inc. | 2.47% | 11,001,532 | $3.0B | Add +8.2% |
| V Visa Inc. Class A | 2.37% | 8,208,697 | $2.9B | Reduce -10.3% |
| NFLX Netflix Inc. | 1.78% | 1,633,921 | $2.2B | Reduce -3.3% |
| GOOGL Alphabet Inc. Class A | 1.33% | 9,259,866 | $1.6B | Add +5.7% |
| JPM JPMorgan Chase & Co. | 1.25% | 5,305,311 | $1.5B | Reduce -15.3% |
| ETN Eaton Corp. PLC | 0.98% | 3,365,018 | $1.2B | Reduce -6.8% |
| RTX RTX Corp. | 0.91% | 7,698,673 | $1.1B | Reduce -11.6% |
| LIN Linde PLC | 0.89% | 2,334,385 | $1.1B | Add +21.8% |
| UNH Unitedhealth Group Inc. | 0.88% | 3,462,883 | $1.1B | Reduce -15.2% |
| PANW Palo Alto Networks Inc. | 0.88% | 5,254,888 | $1.1B | Add +12.9% |
| TRV The Travelers Cos Inc. | 0.85% | 3,906,677 | $1.0B | Reduce -6.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.82% | 1,264,513 | $1.0B | Reduce -0.4% |
| XOM Exxon Mobil Corp. | 0.82% | 9,395,668 | $1.0B | Add +24.1% |
| UNP Union Pacific Corp. | 0.80% | 4,261,444 | $980.5M | Reduce -10.7% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.77% | 909,032 | $945.6M | Reduce -5.0% |
| SRE Sempra | 0.76% | 12,261,344 | $929.0M | Add +2.6% |
| SHW The Sherwin-Williams Co. | 0.75% | 2,679,238 | $919.9M | Add +9.4% |
| TEL Te Connectivity PLC | 0.74% | 5,417,937 | $913.8M | Add +10.4% |
| INTU Intuit Inc. | 0.73% | 1,139,152 | $897.2M | Reduce -3.9% |
| ISRG Intuitive Surgical Inc. | 0.69% | 1,550,270 | $842.4M | Add +10.1% |
| LHX L3HARRIS Technologies Inc. | 0.68% | 3,336,133 | $836.8M | Add +63.4% |
| SNPS Synopsys Inc. | 0.68% | 1,623,822 | $832.5M | Add +9.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.67% | 17,522,676 | $829.2M | Add +0.3% |
| JNJ Johnson & Johnson | 0.67% | 5,385,683 | $822.7M | Reduce -8.4% |
| ENB Enbridge Inc. | 0.66% | 17,905,505 | $811.5M | Add +0.2% |
| AMT American Tower Corp. | 0.65% | 3,607,409 | $797.3M | Reduce -1.1% |
| TSLA Tesla Inc. | 0.65% | 2,507,516 | $796.5M | Add +1.0% |
| WMB Williams Cos Inc. | 0.64% | 12,560,023 | $788.9M | Reduce -15.9% |
| CRM Salesforce Inc. | 0.64% | 2,891,497 | $788.5M | Reduce -13.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.64% | 6,298,686 | $781.1M | Add +14.7% |
| SYK Stryker Corp. | 0.62% | 1,927,316 | $762.5M | Reduce -4.9% |
| ABNB Airbnb Inc. Class A | 0.62% | 5,722,823 | $757.4M | Add +16.5% |
| PYPL PayPal Holdings Inc. | 0.60% | 9,929,160 | $737.9M | Reduce -4.3% |
| LLY Eli Lilly & Co. | 0.59% | 922,593 | $719.2M | Reduce -9.3% |
| TMUS T-Mobile US Inc. | 0.57% | 2,936,900 | $699.7M | Reduce -4.0% |
| CMCSA Comcast Corp. Class A | 0.56% | 19,382,359 | $691.7M | Add +8.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.56% | 5,596,242 | $691.1M | Reduce -4.7% |
| FCX Freeport-McMoran Inc. | 0.56% | 15,766,065 | $683.5M | Add +1.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.55% | 1,527,864 | $680.2M | Reduce -9.0% |
| BDX Becton Dickinson and Co. | 0.54% | 3,818,880 | $657.8M | Add +9.3% |
| UBER Uber Technologies Inc. | 0.53% | 6,974,844 | $650.8M | Reduce -20.1% |
| SBUX Starbucks Corp. | 0.52% | 6,914,648 | $633.6M | Add +36.1% |
| VMC Vulcan Materials Co. | 0.51% | 2,425,754 | $632.7M | Reduce -8.9% |
| CVS CVS Health Corp. | 0.51% | 9,129,220 | $629.7M | Add +7.6% |
| KO The Coca-Cola Co. | 0.51% | 8,885,819 | $628.7M | Reduce -6.7% |
| WDAY Workday Inc. Class A | 0.51% | 2,604,591 | $625.1M | Reduce -10.6% |
| NOW ServiceNow Inc. | 0.51% | 607,555 | $624.6M | Add +7.0% |
| ORCL Oracle Corp. | 0.50% | 2,809,902 | $614.3M | Reduce -13.3% |
| ADSK Autodesk Inc. | 0.50% | 1,983,220 | $613.9M | Add +1.1% |
| MNST Monster Beverage Corp. | 0.49% | 9,602,144 | $601.5M | Reduce -9.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.49% | 1,175,532 | $598.7M | Reduce -23.3% |
| SHOP Shopify Inc. Class A | 0.48% | 5,163,273 | $595.6M | Add +3.6% |
| WM Waste Management Inc. | 0.48% | 2,595,060 | $593.8M | Reduce -1.6% |
| SPGI S&P Global Inc. | 0.47% | 1,098,901 | $579.4M | Reduce -16.6% |
| TMO Thermo Fisher Scientific Inc. | 0.47% | 1,420,941 | $576.1M | Reduce -14.6% |
| ACN Accenture PLC Class A | 0.47% | 1,925,227 | $575.4M | Reduce -15.7% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.46% | 8,222,673 | $567.5M | Add +23.9% |
| EQT Eqt Corp. | 0.46% | 9,681,981 | $564.7M | Reduce -20.6% |
| MRSH Marsh & McLennan Cos | 0.46% | 2,562,974 | $560.4M | Reduce -12.9% |
| EQIX Equinix Inc. | 0.45% | 698,606 | $555.7M | Reduce -2.5% |
| PG The Procter & Gamble Co. | 0.45% | 3,476,636 | $553.9M | Reduce -2.5% |
| JCI Johnson Controls Internation | 0.45% | 5,181,342 | $547.3M | Add +0.4% |
| HD Home Depot Inc. | 0.43% | 1,439,391 | $527.7M | Add +7.5% |
| NOC Northrop Grumman Corp. | 0.43% | 1,050,868 | $525.4M | Reduce -12.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.42% | 2,271,139 | $514.4M | Reduce -43.6% |
| PODD Insulet Corp. | 0.39% | 1,536,664 | $482.8M | Add +3.8% |
| MET Metlife Inc. | 0.39% | 5,894,545 | $474.0M | Add +2.2% |
| HUBS HubSpot Inc. | 0.38% | 832,764 | $463.5M | Reduce -11.7% |
| APO Apollo Global Management Inc. | 0.38% | 3,262,117 | $462.8M | Add +0.5% |
| COF Capital One Financial Corp. | 0.37% | 2,142,643 | $455.9M | Reduce -31.8% |
| APD Air Products & Chemicals Inc. | 0.35% | 1,511,174 | $426.2M | Reduce -6.0% |
| ARGX Argenx SE - ADR | 0.35% | 772,866 | $426.0M | Add +16.3% |
| SCHW Schwab (charles) Corp. | 0.35% | 4,653,846 | $424.6M | Add +0.0% |
| AVB Avalonbay Communities Inc. | 0.34% | 2,065,603 | $420.4M | Add +16.3% |
| VRT Vertiv Holdings Co. Class A | 0.34% | 3,222,724 | $413.8M | Reduce -6.2% |
| PFGC Performance Food Group Co. | 0.34% | 4,714,407 | $412.4M | Reduce -3.0% |
| WMT Walmart Inc. | 0.33% | 4,163,421 | $407.1M | Add +3.0% |
| TXN Texas Instruments Inc. | 0.33% | 1,928,997 | $400.5M | Add +81.5% |
| SE Sea Ltd.-ADR | 0.32% | 2,463,243 | $394.0M | Add +0.8% |
| MRK Merck & Co. Inc. | 0.32% | 4,891,067 | $387.2M | Reduce -17.5% |
| MCHP Microchip Technology Inc. | 0.31% | 5,353,312 | $376.7M | Add +9.2% |
| CASY Casey's General Stores Inc. | 0.30% | 724,365 | $369.6M | Reduce -8.5% |
| VST Vistra Corp. | 0.30% | 1,898,359 | $367.9M | Add +92.8% |
| UL Unilever PLC | 0.30% | 5,988,599 | $366.3M | Add +4.3% |
| HON Honeywell International Inc. | 0.28% | 1,452,437 | $338.2M | Reduce -5.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.27% | 450 | $328.0M | Reduce -2.4% |
| APP AppLovin Corp. Class A | 0.27% | 932,631 | $326.5M | Reduce -17.1% |
| HLN Haleon PLC-ADR | 0.27% | 31,445,971 | $326.1M | Reduce -3.5% |
| ABBV Abbvie Inc. | 0.26% | 1,726,030 | $320.4M | Reduce -12.3% |
| DOCS Doximity Inc. Class A | 0.26% | 5,187,860 | $318.2M | Add +3.7% |
| PSA Public Storage | 0.26% | 1,079,988 | $316.9M | Add +62.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.26% | 651,598 | $316.5M | Reduce -0.4% |
| PINS Pinterest Inc. Class A | 0.25% | 8,726,991 | $312.9M | Reduce -0.3% |
| XPO Xpo Inc. | 0.25% | 2,449,767 | $309.4M | Reduce -2.3% |
| CLH Clean Harbors Inc. | 0.25% | 1,324,143 | $306.1M | Add +6.5% |
Other holdings (8): bonds, preferreds, convertibles and warrants · $279.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 1,366,186 | $54.3M | Add +46.8% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 622,179 | $42.3M | No change |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 582,725 | $36.1M | New |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 432,993 | $32.4M | No change |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | 273,056 | $31.5M | New |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 506,342 | $29.8M | Add +54.3% |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 496,537 | $26.3M | No change |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 490,078 | $26.3M | No change |
Total filed on the 13F, all lines: $123.2B.
Portfolio Sells Q1 2025 → Q2 2025
| UNH Unitedhealth Group Inc. | Reduce -15.2% | 0.88% | −0.99 |
| V Visa Inc. Class A | Reduce -10.3% | 2.37% | −0.43 |
| PEP Pepsico Inc. | Reduce -71.8% | 0.09% | −0.29 |
| ZTS Zoetis Inc. | Reduce -59.6% | 0.15% | −0.26 |
| TMO Thermo Fisher Scientific Inc. | Reduce -14.6% | 0.47% | −0.26 |
| TGT Target Corp. | Reduce -99.8% | 0.00% | −0.22 |
| ADBE Adobe Inc. | Reduce -96.3% | 0.01% | −0.21 |
| UNP Union Pacific Corp. | Reduce -10.7% | 0.80% | −0.19 |
| JNJ Johnson & Johnson | Reduce -8.4% | 0.67% | −0.18 |
| CRH CRH PLC | Sold out | 0.00% | −0.17 |
| MRSH Marsh & McLennan Cos | Reduce -12.9% | 0.46% | −0.17 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -43.6% | 0.42% | −0.17 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -9.0% | 0.55% | −0.16 |
| ACN Accenture PLC Class A | Reduce -15.7% | 0.47% | −0.16 |
| MRK Merck & Co. Inc. | Reduce -17.5% | 0.32% | −0.15 |
| LLY Eli Lilly & Co. | Reduce -9.3% | 0.59% | −0.15 |
| ICLR Icon PLC | Reduce -37.8% | 0.14% | −0.15 |
| CRM Salesforce Inc. | Reduce -13.8% | 0.64% | −0.15 |
| TMUS T-Mobile US Inc. | Reduce -4.0% | 0.57% | −0.14 |
| WMB Williams Cos Inc. | Reduce -15.9% | 0.64% | −0.14 |
| COF Capital One Financial Corp. | Reduce -31.8% | 0.37% | −0.12 |
| EPD Enterprise Products Partners | Reduce -32.1% | 0.16% | −0.12 |
| SPGI S&P Global Inc. | Reduce -16.6% | 0.47% | −0.11 |
| NOC Northrop Grumman Corp. | Reduce -12.6% | 0.43% | −0.11 |
| EQT Eqt Corp. | Reduce -20.6% | 0.46% | −0.11 |
| TRV The Travelers Cos Inc. | Reduce -6.0% | 0.85% | −0.11 |
| COP Conocophillips | Reduce -22.4% | 0.17% | −0.11 |
| GM General Motors Co. | Reduce -93.8% | 0.01% | −0.10 |
| ABBV Abbvie Inc. | Reduce -12.3% | 0.26% | −0.10 |
| RTX RTX Corp. | Reduce -11.6% | 0.91% | −0.09 |
| HUBS HubSpot Inc. | Reduce -11.7% | 0.38% | −0.09 |
| JPM JPMorgan Chase & Co. | Reduce -15.3% | 1.25% | −0.09 |
| ET Energy Transfer LP | Reduce -25.1% | 0.19% | −0.09 |
| WDAY Workday Inc. Class A | Reduce -10.6% | 0.51% | −0.09 |
| KO The Coca-Cola Co. | Reduce -6.7% | 0.51% | −0.08 |
| GILD Gilead Sciences Inc. | Reduce -36.3% | 0.12% | −0.08 |
| LYG Lloyds Banking Group PLC-ADR | Reduce -91.4% | 0.01% | −0.08 |
| PG The Procter & Gamble Co. | Reduce -2.5% | 0.45% | −0.08 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.08 |
| VG Venture Global Inc. Class A | Reduce -91.8% | 0.01% | −0.08 |
| EIX Edison International | Reduce -19.0% | 0.15% | −0.08 |
| GPN Global Payments Inc. | Reduce -98.3% | 0.00% | −0.08 |
| PLTR Palantir Technologies Inc. Class A | Reduce -61.3% | 0.10% | −0.08 |
| APD Air Products & Chemicals Inc. | Reduce -6.0% | 0.35% | −0.07 |
| WSC Willscot Holdings Corp. | Reduce -28.8% | 0.12% | −0.06 |
| TJX TJX Companies Inc. | Reduce -4.7% | 0.56% | −0.06 |
| TW Tradeweb Markets Inc. Class A | Reduce -92.5% | 0.00% | −0.06 |
| STX Seagate Technology Holdings | Reduce -92.8% | 0.01% | −0.06 |
| JLL Jones Lang Lasalle Inc. | Reduce -98.1% | 0.00% | −0.06 |
| EQIX Equinix Inc. | Reduce -2.5% | 0.45% | −0.06 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +3.1% | 4.50% | +1.28 |
| AVGO Broadcom Inc. | Add +8.2% | 2.47% | +0.98 |
| MSFT Microsoft Corp. | Add +0.3% | 4.82% | +0.92 |
| META Meta Platforms Inc. Class A | Add +6.7% | 3.32% | +0.71 |
| LHX L3HARRIS Technologies Inc. | Add +63.4% | 0.68% | +0.31 |
| VST Vistra Corp. | Add +92.8% | 0.30% | +0.20 |
| MRVL Marvell Technology Inc. | Add +821.0% | 0.22% | +0.20 |
| PANW Palo Alto Networks Inc. | Add +12.9% | 0.88% | +0.18 |
| BA The Boeing Co. | Add +29759.1% | 0.16% | +0.16 |
| DIS The Walt Disney Co. | Add +14.7% | 0.64% | +0.16 |
| TXN Texas Instruments Inc. | Add +81.5% | 0.33% | +0.16 |
| HLT Hilton Worldwide Holdings Inc. | Add +1791.1% | 0.16% | +0.16 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +7063.4% | 0.15% | +0.15 |
| GOOGL Alphabet Inc. Class A | Add +5.7% | 1.33% | +0.14 |
| TEL Te Connectivity PLC | Add +10.4% | 0.74% | +0.14 |
| AXON Axon Enterprise Inc. | New | 0.13% | +0.13 |
| SNPS Synopsys Inc. | Add +9.4% | 0.68% | +0.12 |
| NOW ServiceNow Inc. | Add +7.0% | 0.51% | +0.11 |
| LIN Linde PLC | Add +21.8% | 0.89% | +0.11 |
| ABNB Airbnb Inc. Class A | Add +16.5% | 0.62% | +0.10 |
| MCHP Microchip Technology Inc. | Add +9.2% | 0.31% | +0.10 |
| ELF Elf Beauty Inc. | Add +8.0% | 0.18% | +0.09 |
| TSLA Tesla Inc. | Add +1.0% | 0.65% | +0.09 |
| PSA Public Storage | Add +62.9% | 0.26% | +0.08 |
| JCI Johnson Controls Internation | Add +0.4% | 0.45% | +0.08 |
| NEM Newmont Corp. | New | 0.08% | +0.08 |
| ODFL Old Dominion Freight Line | Add +71.9% | 0.22% | +0.08 |
| SBUX Starbucks Corp. | Add +36.1% | 0.52% | +0.08 |
| MELI MercadoLibre Inc. | Add +23.6% | 0.22% | +0.08 |
| ISRG Intuitive Surgical Inc. | Add +10.1% | 0.69% | +0.08 |
| EXPE Expedia Group Inc. | Add +127.1% | 0.14% | +0.07 |
| SHOP Shopify Inc. Class A | Add +3.6% | 0.48% | +0.07 |
| HWM Howmet Aerospace Inc. | New | 0.06% | +0.06 |
| CHTR Charter Communications Inc. Class A | Add +1143.1% | 0.07% | +0.06 |
| ELAN Elanco Animal Health Inc. | New | 0.06% | +0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +23.9% | 0.46% | +0.06 |
| DOX Amdocs Ltd. | New | 0.06% | +0.06 |
| PODD Insulet Corp. | Add +3.8% | 0.39% | +0.05 |
| NWG Natwest Group PLC -Spon ADR | Add +123.8% | 0.09% | +0.05 |
| ADSK Autodesk Inc. | Add +1.1% | 0.50% | +0.05 |
| ARES Ares Management Corp. Class A | Add +17.3% | 0.21% | +0.05 |
| FIX Comfort Systems USA Inc. | Add +34.4% | 0.09% | +0.05 |
| HDB HDFC Bank Ltd.-ADR | Add +29.2% | 0.16% | +0.04 |
| CORT Corcept Therapeutics Inc. | Add +330.7% | 0.07% | +0.04 |
| SE Sea Ltd.-ADR | Add +0.8% | 0.32% | +0.04 |
| FCX Freeport-McMoran Inc. | Add +1.2% | 0.56% | +0.04 |
| TT Trane Technologies PLC | Add +2.4% | 0.20% | +0.04 |
| BAC Bank of America Corp. | Add +0.3% | 0.67% | +0.04 |
| XOM Exxon Mobil Corp. | Add +24.1% | 0.82% | +0.04 |
| CMG Chipotle Mexican Grill Inc. | Add +19.4% | 0.18% | +0.04 |
Notes & Other Activity Q1 2025 → Q2 2025
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Add +46.8% | 1,366,186 | $54.3M |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | New | 582,725 | $36.1M |
| SHIFT4 PAYMENTS INC (FOUR 6 05/01/28) | 6 SER A CNV PREF | New | 273,056 | $31.5M |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Add +54.3% | 506,342 | $29.8M |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Sold out | 20,347,000 | $2.8Mbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 693 | $120.8B | NVDA, GOOGL, AAPL, AMZN, AVGO |
| Q1 2026 | 685 | $114.8B | NVDA, MSFT, AAPL, GOOGL, AMZN |
| Q4 2025 | 690 | $124.7B | NVDA, MSFT, AMZN, AAPL, AVGO |
| Q3 2025 | 703 | $132.5B | NVDA, MSFT, AMZN, META, AAPL |
| Q2 2025 | 698 | $122.9B | MSFT, NVDA, META, AMZN, AAPL |
| Q1 2025 | 695 | $114.3B | MSFT, NVDA, AMZN, AAPL, V |
| Q4 2024 | 706 | $123.1B | MSFT, NVDA, AMZN, AAPL, META |
| Q3 2024 | 706 | $127.1B | MSFT, NVDA, AAPL, AMZN, META |
| Q2 2024Amended | 729 | $123.0B | MSFT, NVDA, AMZN, AAPL, META |
| Q1 2024 | 743 | $126.1B | MSFT, NVDA, AMZN, META, V |