CMH Wealth Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 14, 2025), CMH Wealth Management LLC reported 55 stock positions worth $399.1 million. Its top holding was Microsoft (MSFT) at 6.3% of the portfolio, followed by Apple (AAPL, 6.0%) and Amazon.com (AMZN, 5.1%). Compared with Q4 2024, it opened 2 new positions, sold out of 1, added to 20 and reduced 28. The biggest buy was Trade Desk Inc./the Class A (TTD, shares +261%) and the biggest sale an exit from Synopsys (SNPS).
- Most Recent 13F
- Q2 2026
- Location
- PORTSMOUTH, NH
- CIK
- 0001657516
- Portfolio Value
- $399.1M (Q1 2025)
- SEC Filing
- 0001657516-25-000003 ↗ filed Apr 14, 2025
Holdings Value
Holdings 55 stocks · $399.1M
| MSFT Microsoft Corp. | 6.30% | 66,975 | $25.1M | Reduce -2.8% |
| AAPL Apple Inc. | 6.02% | 108,174 | $24.0M | Add +1.0% |
| AMZN Amazon.com Inc. | 5.09% | 106,702 | $20.3M | Reduce -16.5% |
| GOOGL Alphabet Inc. Class A | 4.53% | 116,845 | $18.1M | Reduce -15.1% |
| VFH Vanguard Financials ETF | 4.05% | 135,356 | $16.2M | Reduce -1.8% |
| SMMD iShares Russell 2500 ETF | 4.05% | 258,417 | $16.2M | Reduce -0.2% |
| VDE Vanguard Energy ETF | 3.78% | 116,407 | $15.1M | Add +0.4% |
| ACWX iShares MSCI Acwi Ex US ETF | 3.25% | 233,807 | $13.0M | Add +1.2% |
| ADBE Adobe Inc. | 2.90% | 30,166 | $11.6M | Add +69.9% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 2.79% | 203,648 | $11.1M | Add +261.1% |
| LLY Eli Lilly & Co. | 2.54% | 12,297 | $10.2M | Reduce -11.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.46% | 80,615 | $9.8M | Add +0.8% |
| BA The Boeing Co. | 2.38% | 55,685 | $9.5M | Reduce -0.9% |
| VCIT Vanguard Int-Term Corporate | 2.31% | 112,954 | $9.2M | Add +2.0% |
| XLC SS Comm Select Sector SPDR | 2.29% | 94,681 | $9.1M | Reduce -2.2% |
| VDC Vanguard Consumer Staple ETF | 2.25% | 40,968 | $9.0M | Add +0.2% |
| V Visa Inc. Class A | 2.22% | 25,279 | $8.9M | Reduce -2.6% |
| FISV Fiserv Inc. | 2.20% | 39,817 | $8.8M | Add +0.8% |
| DHR Danaher Corp. | 2.13% | 41,561 | $8.5M | Add +0.3% |
| PANW Palo Alto Networks Inc. | 2.13% | 49,838 | $8.5M | Reduce -1.1% |
| TSLA Tesla Inc. | 2.12% | 32,575 | $8.4M | Add +3.2% |
| MA Mastercard Inc. Class A | 2.10% | 15,297 | $8.4M | Reduce -1.7% |
| XLI SS Industrial Select Sector | 1.97% | 60,004 | $7.9M | Reduce -0.2% |
| SNOW Snowflake Inc. | 1.90% | 51,829 | $7.6M | Add +4.8% |
| UNH Unitedhealth Group Inc. | 1.82% | 13,852 | $7.3M | Add +1.8% |
| BLK BlackRock Inc. | 1.80% | 7,603 | $7.2M | Reduce -1.3% |
| CRM Salesforce Inc. | 1.74% | 25,917 | $7.0M | Reduce -17.6% |
| NOW ServiceNow Inc. | 1.71% | 8,566 | $6.8M | Reduce -29.6% |
| XLV SS Health Care Select Sector | 1.66% | 45,325 | $6.6M | Reduce -0.2% |
| HON Honeywell International Inc. | 1.62% | 30,579 | $6.5M | Add +1.8% |
| TGT Target Corp. | 1.61% | 61,420 | $6.4M | Add +31.5% |
| FBND Fidelity Total Bond ETF | 1.60% | 140,331 | $6.4M | Add +1.0% |
| TCHP T Rowe Price Blue Chip Growt | 1.60% | 167,139 | $6.4M | Reduce -1.6% |
| SOXX iShares Semiconductor ETF | 1.38% | 29,326 | $5.5M | Reduce 0.0% |
| XLB SS Materials Select Sector | 1.33% | 61,549 | $5.3M | Add +0.8% |
| PPA Invesco Aerospace & Defense | 1.32% | 45,115 | $5.3M | Add +5.2% |
| NVDA Nvidia Corp. | 1.19% | 43,726 | $4.7M | Add +1.3% |
| VNQ Vanguard Real Estate ETF | 1.12% | 49,523 | $4.5M | Add +2.3% |
| VONE Vanguard Russell 1000 | 0.98% | 15,419 | $3.9M | Reduce -1.7% |
| IHI iShares U.S. Medical Devices | 0.93% | 61,829 | $3.7M | Reduce -1.5% |
| XBI SS SPDR S&P Biotech ETF | 0.77% | 37,949 | $3.1M | Reduce -0.5% |
| JAVA JPMorgan Active Value ETF | 0.70% | 43,806 | $2.8M | Reduce -0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.43% | 3,222 | $1.7M | Reduce -12.3% |
| PG The Procter & Gamble Co. | 0.13% | 3,064 | $522K | No change |
| JNJ Johnson & Johnson | 0.13% | 3,065 | $508K | No change |
| IBIT iShares Bitcoin Trust ETF | 0.08% | 7,183 | $336K | New |
| ABBV Abbvie Inc. | 0.08% | 1,604 | $336K | Reduce -28.7% |
| PGR Progressive Corp. | 0.08% | 1,159 | $328K | No change |
| MPC Marathon Petroleum Corp. | 0.08% | 2,229 | $325K | Reduce -22.9% |
| ZBH Zimmer Biomet Holdings Inc. | 0.07% | 2,300 | $260K | Reduce -14.9% |
| MCO Moody's Corp. | 0.06% | 533 | $248K | No change |
| JPM JPMorgan Chase & Co. | 0.06% | 934 | $229K | Reduce -4.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.05% | 456 | $214K | Reduce -13.3% |
| APD Air Products & Chemicals Inc. | 0.05% | 717 | $211K | No change |
| ATO Atmos Energy Corp. | 0.05% | 1,350 | $209K | New |
Portfolio Sells Q4 2024 → Q1 2025
| SNPS Synopsys Inc. | Sold out | 0.00% | −1.59 |
| GOOGL Alphabet Inc. Class A | Reduce -15.1% | 4.53% | −1.44 |
| AMZN Amazon.com Inc. | Reduce -16.5% | 5.09% | −1.33 |
| NOW ServiceNow Inc. | Reduce -29.6% | 1.71% | −1.25 |
| CRM Salesforce Inc. | Reduce -17.6% | 1.74% | −0.67 |
| MSFT Microsoft Corp. | Reduce -2.8% | 6.30% | −0.35 |
| SOXX iShares Semiconductor ETF | Reduce 0.0% | 1.38% | −0.06 |
| TCHP T Rowe Price Blue Chip Growt | Reduce -1.6% | 1.60% | −0.04 |
| XBI SS SPDR S&P Biotech ETF | Reduce -0.5% | 0.77% | −0.02 |
| MPC Marathon Petroleum Corp. | Reduce -22.9% | 0.08% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -13.3% | 0.05% | −0.01 |
| ABBV Abbvie Inc. | Reduce -28.7% | 0.08% | −0.01 |
| BLK BlackRock Inc. | Reduce -1.3% | 1.80% | −0.01 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -14.9% | 0.07% | −0.00 |
| JPM JPMorgan Chase & Co. | Reduce -4.1% | 0.06% | +0.00 |
| SMMD iShares Russell 2500 ETF | Reduce -0.2% | 4.05% | +0.02 |
| VONE Vanguard Russell 1000 | Reduce -1.7% | 0.98% | +0.02 |
| PANW Palo Alto Networks Inc. | Reduce -1.1% | 2.13% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -12.3% | 0.43% | +0.05 |
| JAVA JPMorgan Active Value ETF | Reduce -0.9% | 0.70% | +0.06 |
| LLY Eli Lilly & Co. | Reduce -11.3% | 2.54% | +0.09 |
| IHI iShares U.S. Medical Devices | Reduce -1.5% | 0.93% | +0.09 |
| BA The Boeing Co. | Reduce -0.9% | 2.38% | +0.10 |
| XLC SS Comm Select Sector SPDR | Reduce -2.2% | 2.29% | +0.14 |
| XLI SS Industrial Select Sector | Reduce -0.2% | 1.97% | +0.16 |
| MA Mastercard Inc. Class A | Reduce -1.7% | 2.10% | +0.22 |
| XLV SS Health Care Select Sector | Reduce -0.2% | 1.66% | +0.23 |
| VFH Vanguard Financials ETF | Reduce -1.8% | 4.05% | +0.32 |
| V Visa Inc. Class A | Reduce -2.6% | 2.22% | +0.34 |
Portfolio Buys Q4 2024 → Q1 2025
| TTD Trade Desk Inc./the Class A | Add +261.1% | 2.79% | +1.27 |
| ADBE Adobe Inc. | Add +69.9% | 2.90% | +1.09 |
| VDE Vanguard Energy ETF | Add +0.4% | 3.78% | +0.56 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +1.2% | 3.25% | +0.49 |
| FISV Fiserv Inc. | Add +0.8% | 2.20% | +0.34 |
| VCIT Vanguard Int-Term Corporate | Add +2.0% | 2.31% | +0.28 |
| VDC Vanguard Consumer Staple ETF | Add +0.2% | 2.25% | +0.27 |
| TJX TJX Companies Inc. | Add +0.8% | 2.46% | +0.25 |
| UNH Unitedhealth Group Inc. | Add +1.8% | 1.82% | +0.24 |
| PPA Invesco Aerospace & Defense | Add +5.2% | 1.32% | +0.19 |
| FBND Fidelity Total Bond ETF | Add +1.0% | 1.60% | +0.17 |
| TGT Target Corp. | Add +31.5% | 1.61% | +0.16 |
| XLB SS Materials Select Sector | Add +0.8% | 1.33% | +0.15 |
| SNOW Snowflake Inc. | Add +4.8% | 1.90% | +0.15 |
| VNQ Vanguard Real Estate ETF | Add +2.3% | 1.12% | +0.14 |
| IBIT iShares Bitcoin Trust ETF | New | 0.08% | +0.08 |
| HON Honeywell International Inc. | Add +1.8% | 1.62% | +0.07 |
| ATO Atmos Energy Corp. | New | 0.05% | +0.05 |
| DHR Danaher Corp. | Add +0.3% | 2.13% | −0.05 |
| AAPL Apple Inc. | Add +1.0% | 6.02% | −0.12 |
| NVDA Nvidia Corp. | Add +1.3% | 1.19% | −0.14 |
| TSLA Tesla Inc. | Add +3.2% | 2.12% | −0.81 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 117 | $655.5M | GOOGL, MSFT, JPHY, AAPL, TMSL |
| Q1 2026 | 113 | $582.5M | MSFT, JPHY, GOOGL, AAPL, AMZN |
| Q4 2025 | 53 | $466.9M | GOOGL, MSFT, JPHY, AMZN, AAPL |
| Q3 2025 | 55 | $469.2M | MSFT, GOOGL, JPHY, AMZN, AAPL |
| Q2 2025 | 54 | $429.6M | MSFT, AMZN, GOOGL, AAPL, VFH |
| Q1 2025 | 55 | $399.1M | MSFT, AAPL, AMZN, GOOGL, VFH |
| Q4 2024 | 54 | $436.6M | MSFT, AMZN, AAPL, GOOGL, SMMD |
| Q3 2024 | 53 | $425.1M | MSFT, AAPL, AMZN, GOOGL, SMMD |
| Q2 2024 | 49 | $406.3M | MSFT, GOOGL, AMZN, AAPL, SMMD |
| Q1 2024 | 44 | $393.6M | MSFT, AMZN, GOOGL, AAPL, SMMD |