Dempze Nancy E

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Dempze Nancy E reported 98 stock positions worth $192.0 million. Its top holding was Nvidia (NVDA) at 5.6% of the portfolio, followed by Alphabet Class A (GOOGL, 5.5%) and Microsoft (MSFT, 4.7%). Compared with Q3 2025, it opened 15 new positions, sold out of 3, added to 39 and reduced 24. The biggest buy was Eli Lilly (LLY, shares +37%) and the biggest sale Carrier Global (CARR, shares −71%).

Most Recent 13F
Q2 2026
Location
BOSTON, MA
CIK
0001592614
Portfolio Value
$192.0M (Q4 2025)
SEC Filing
0001592614-26-000001 ↗ filed Feb 17, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $131.3M Q1 2024 Q2 2024: $145.7M Q2 2024 Q3 2024: $179.2M Q3 2024 Q4 2024: $173.2M Q4 2024 Q1 2025: $166.6M Q1 2025 Q2 2025: $173.4M Q2 2025 Q3 2025: $182.1M Q3 2025 Q4 2025: $192.0M $192.0M Q4 2025 Q1 2026: $182.1M Q1 2026 Q2 2026: $209.0M Q2 2026

Holdings 98 stocks · $192.0M
NVDA Nvidia Corp. 5.56% 57,242 $10.7M Reduce -3.8%
GOOGL Alphabet Inc. Class A 5.52% 33,839 $10.6M Reduce -1.6%
MSFT Microsoft Corp. 4.66% 18,491 $8.9M Add +14.6%
AAPL Apple Inc. 4.57% 32,298 $8.8M Add +0.6%
AMZN Amazon.com Inc. 3.37% 27,991 $6.5M Add +1.6%
ADI Analog Devices Inc. 3.31% 23,445 $6.4M Add +0.7%
RTX RTX Corp. 3.17% 33,134 $6.1M Add +3.7%
MA Mastercard Inc. Class A 3.14% 10,568 $6.0M Reduce -0.6%
LLY Eli Lilly & Co. 3.07% 5,491 $5.9M Add +37.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 3.02% 37,772 $5.8M Reduce -0.4%
ABT Abbott Laboratories 2.82% 43,235 $5.4M Add +1.5%
SBGSY Schneider Elect SE-Unsp ADR 2.57% 89,855 $4.9M Add +1.2%
HD Home Depot Inc. 2.42% 13,511 $4.6M Add +5.4%
DHR Danaher Corp. 2.41% 20,243 $4.6M Reduce -2.7%
JNJ Johnson & Johnson 2.38% 22,110 $4.6M Add +1.6%
ADP Automatic Data Processing 2.33% 17,381 $4.5M Add +1.4%
ROK Rockwell Automation Inc. 2.32% 11,435 $4.4M Reduce -0.7%
AMD Advanced Micro Devices 2.21% 19,768 $4.2M Reduce -9.2%
XYL Xylem Inc. 2.03% 28,574 $3.9M Add +0.9%
PG The Procter & Gamble Co. 1.94% 25,952 $3.7M Add +2.1%
UNH Unitedhealth Group Inc. 1.80% 10,466 $3.5M Reduce -16.5%
VRTX Vertex Pharmaceuticals Inc. 1.67% 7,058 $3.2M Reduce -2.7%
AMAT Applied Materials Inc. 1.60% 11,942 $3.1M Add +49.5%
AXP American Express Co. 1.54% 8,011 $3.0M Add +58.4%
ATR Aptargroup Inc. 1.52% 23,962 $2.9M Reduce -1.8%
V Visa Inc. Class A 1.43% 7,849 $2.8M Add +21.7%
ARIMX Amg RR Smid Val-I filed as AMG RIVER ROAD SMALL-MID CAP V 1.25% 241,746 $2.4M Add +1.9%
UBER Uber Technologies Inc. 1.14% 26,799 $2.2M Add +40.7%
GQGIX GQG Part Emerg MKTS Eq-Inst 1.14% 122,624 $2.2M Add +6.9%
CVX Chevron Corp. 1.12% 14,167 $2.2M Add +17.4%
SCHW Schwab (charles) Corp. 1.05% 20,261 $2.0M Add +78.6%
CNI Canadian Natl Railway Co. 1.04% 20,170 $2.0M Reduce -9.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.89% 5,760 $1.7M Add +53.2%
JPM JPMorgan Chase & Co. 0.88% 5,228 $1.7M Add +9.7%
BRK.B Berkshire Hathaway Inc. Class B 0.88% 3,351 $1.7M Add +31.4%
ABBV Abbvie Inc. 0.80% 6,691 $1.5M Add +21.7%
MS Morgan Stanley 0.79% 8,583 $1.5M Add +7.3%
GOOG Alphabet Inc. Class C 0.73% 4,485 $1.4M No change
FISV Fiserv Inc. 0.72% 20,523 $1.4M Reduce -22.1%
VIG Vanguard Dividend Apprec ETF 0.71% 6,231 $1.4M No change
VDIGX Vanguard Dividend Growth-Inv 0.70% 40,634 $1.3M Reduce -43.8%
CB Chubb Ltd. 0.59% 3,600 $1.1M Add +38.5%
GPN Global Payments Inc. 0.54% 13,500 $1.0M Add +1.5%
VGSTX Vanguard Star Fund-Inv 0.48% 31,272 $912K Reduce -44.6%
WM Waste Management Inc. 0.47% 4,142 $910K No change
EXEL Exelixis Inc. 0.45% 19,500 $855K Add +34.5%
IWV iShares Russell 3000 ETF 0.42% 2,102 $813K No change
CARR Carrier Global Corp. 0.42% 15,358 $812K Reduce -70.8%
MCO Moody's Corp. 0.41% 1,550 $792K New
WAB Wabtec Corp. 0.38% 3,400 $726K No change
IWF iShares Russell 1000 Growth 0.37% 1,500 $710K No change
NEE Nextera Energy Inc. 0.36% 8,616 $692K Add +17.1%
MKC McCormick & Co.-Non VTG SHRS 0.35% 9,945 $677K Reduce -72.9%
TRLGX T Rowe PR LRG Cap GRW-I 0.35% 7,907 $672K No change
MRK Merck & Co. Inc. 0.34% 6,205 $653K Add +9.2%
COST Costco Wholesale Corp. 0.32% 718 $619K Add +11.7%
WCMIX WCM Focused Intl Growth-Inst 0.31% 24,100 $600K No change
REGN Regeneron Pharmaceuticals 0.28% 700 $540K No change
WMS Advanced Drainage Systems Inc. 0.28% 3,700 $536K Reduce -16.9%
WD Walker & Dunlop Inc. 0.28% 8,800 $529K Add +83.3%
VFIAX Vanguard 500 Index-Adm 0.27% 815 $515K Reduce -9.4%
WFC Wells Fargo & Co. 0.27% 5,500 $513K Add +22.2%
SGI Somnigroup International Inc. 0.26% 5,500 $491K Reduce -8.3%
VTSAX VNGD Mrngst TS MK Idx FD-Adm filed as VANGUARD TOTAL STOCK MARKET IN 0.25% 2,887 $471K Reduce -4.0%
CP Canadian Pacific Kansas City 0.24% 6,341 $467K Add +15.2%
XOM Exxon Mobil Corp. 0.24% 3,875 $466K Add +16.5%
OAKIX Oakmark International-Inv 0.24% 14,221 $462K No change
VSMAX Vangrd Mrgstr SML CP Idx-Adm 0.23% 3,590 $444K Reduce -8.4%
AVGO Broadcom Inc. 0.23% 1,263 $437K New
SPGI S&P Global Inc. 0.22% 800 $418K No change
AMGN Amgen Inc. 0.21% 1,260 $412K New
APH Amphenol Corp. Class A 0.19% 2,746 $371K No change
ITW Illinois Tool Works 0.18% 1,430 $352K No change
AIG American International Group 0.18% 4,005 $343K Add +33.5%
MORN Morningstar Inc. 0.17% 1,494 $325K No change
VPADX Vanguard Pac STK Indx-Adm 0.16% 2,763 $310K Reduce -3.1%
VEMAX Vanguard Em MKT STK Ind-Adm 0.16% 6,893 $308K Reduce -3.1%
PEP Pepsico Inc. 0.16% 2,075 $298K New
VEUSX Vanguard Eur STK Indx-Adm 0.15% 2,822 $295K Reduce -3.4%
HON Honeywell International Inc. 0.15% 1,505 $294K No change
VOO Vanguard S&P 500 ETF 0.15% 457 $287K New
PDGIX T Rowe PR Dividend Grow-I 0.15% 3,486 $284K New
TXN Texas Instruments Inc. 0.15% 1,615 $280K Add +46.8%
RELX Relx PLC - Spon ADR 0.14% 6,750 $273K Add +13.4%
UNP Union Pacific Corp. 0.14% 1,160 $268K New
DVN Devon Energy Corp. 0.13% 7,000 $256K New
CINF Cincinnati Financial Corp. 0.13% 1,500 $245K No change
CL Colgate-Palmolive Co. 0.13% 3,100 $245K New
WMT Walmart Inc. 0.13% 2,177 $243K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.12% 2,000 $228K New
SGDM Sprott Gold Miners ETF 0.12% 3,250 $226K No change
ZS Zscaler Inc. 0.12% 1,000 $225K New
FPACX Fpa Crescent Fund-Inst 0.12% 5,135 $221K No change
GS Goldman Sachs Group Inc. 0.11% 250 $220K New
CMCSA Comcast Corp. Class A 0.11% 7,400 $207K New
VTEI Vanguard Int Tax-Exempt Bond 0.10% 1,994 $201K New
BPIRX Boston Part L/S Research-Ins filed as ROBECO BOSTON PARTNERS LONG SH 0.09% 12,962 $182K No change
SAN Banco Santander SA-Spon ADR 0.06% 10,434 $122K New

Portfolio Sells Q3 2025 → Q4 2025
CARR Carrier Global Corp. Reduce -70.8% 0.42% −1.30
FISV Fiserv Inc. Reduce -22.1% 0.72% −1.15
MKC McCormick & Co.-Non VTG SHRS Reduce -72.9% 0.35% −1.00
CRM Salesforce Inc. Sold out 0.00% −0.83
VDIGX Vanguard Dividend Growth-Inv Reduce -43.8% 0.70% −0.77
UNH Unitedhealth Group Inc. Reduce -16.5% 1.80% −0.58
NVDA Nvidia Corp. Reduce -3.8% 5.56% −0.54
VGSTX Vanguard Star Fund-Inv Reduce -44.6% 0.48% −0.47
ATR Aptargroup Inc. Reduce -1.8% 1.52% −0.27
MA Mastercard Inc. Class A Reduce -0.6% 3.14% −0.18
SPY SS SPDR S&P 500 ETF Trust-US Sold out 0.00% −0.15
MRSH Marsh & McLennan Cos Sold out 0.00% −0.13
CNI Canadian Natl Railway Co. Reduce -9.5% 1.04% −0.12
WMS Advanced Drainage Systems Inc. Reduce -16.9% 0.28% −0.06
VFIAX Vanguard 500 Index-Adm Reduce -9.4% 0.27% −0.04
VSMAX Vangrd Mrgstr SML CP Idx-Adm Reduce -8.4% 0.23% −0.03
SGI Somnigroup International Inc. Reduce -8.3% 0.26% −0.02
VTSAX VNGD Mrngst TS MK Idx FD-Adm Reduce -4.0% 0.25% −0.02
VEMAX Vanguard Em MKT STK Ind-Adm Reduce -3.1% 0.16% −0.01
VPADX Vanguard Pac STK Indx-Adm Reduce -3.1% 0.16% −0.01
VEUSX Vanguard Eur STK Indx-Adm Reduce -3.4% 0.15% −0.01
TJX TJX Companies Inc. Reduce -0.4% 3.02% +0.01
ROK Rockwell Automation Inc. Reduce -0.7% 2.32% +0.11
VRTX Vertex Pharmaceuticals Inc. Reduce -2.7% 1.67% +0.11
DHR Danaher Corp. Reduce -2.7% 2.41% +0.15
AMD Advanced Micro Devices Reduce -9.2% 2.21% +0.27
GOOGL Alphabet Inc. Class A Reduce -1.6% 5.52% +0.93

Portfolio Buys Q3 2025 → Q4 2025
LLY Eli Lilly & Co. Add +37.1% 3.07% +1.40
AMAT Applied Materials Inc. Add +49.5% 1.60% +0.70
AXP American Express Co. Add +58.4% 1.54% +0.62
SCHW Schwab (charles) Corp. Add +78.6% 1.05% +0.46
MCO Moody's Corp. New 0.41% +0.41
IBM Intl Business Machines Corp. Add +53.2% 0.89% +0.31
RTX RTX Corp. Add +3.7% 3.17% +0.23
AVGO Broadcom Inc. New 0.23% +0.23
V Visa Inc. Class A Add +21.7% 1.43% +0.22
AMGN Amgen Inc. New 0.21% +0.21
CB Chubb Ltd. Add +38.5% 0.59% +0.18
BRK.B Berkshire Hathaway Inc. Class B Add +31.4% 0.88% +0.17
ADI Analog Devices Inc. Add +0.7% 3.31% +0.17
JNJ Johnson & Johnson Add +1.6% 2.38% +0.17
PEP Pepsico Inc. New 0.16% +0.16
VOO Vanguard S&P 500 ETF New 0.15% +0.15
PDGIX T Rowe PR Dividend Grow-I New 0.15% +0.15
UNP Union Pacific Corp. New 0.14% +0.14
DVN Devon Energy Corp. New 0.13% +0.13
CL Colgate-Palmolive Co. New 0.13% +0.13
DIS The Walt Disney Co. New 0.12% +0.12
ZS Zscaler Inc. New 0.12% +0.12
EXEL Exelixis Inc. Add +34.5% 0.45% +0.12
UBER Uber Technologies Inc. Add +40.7% 1.14% +0.12
GS Goldman Sachs Group Inc. New 0.11% +0.11
CMCSA Comcast Corp. Class A New 0.11% +0.11
VTEI Vanguard Int Tax-Exempt Bond New 0.10% +0.10
ABBV Abbvie Inc. Add +21.7% 0.80% +0.10
CVX Chevron Corp. Add +17.4% 1.12% +0.10
MS Morgan Stanley Add +7.3% 0.79% +0.10
AAPL Apple Inc. Add +0.6% 4.57% +0.08
MRK Merck & Co. Inc. Add +9.2% 0.34% +0.08
MSFT Microsoft Corp. Add +14.6% 4.66% +0.07
SAN Banco Santander SA-Spon ADR New 0.06% +0.06
WFC Wells Fargo & Co. Add +22.2% 0.27% +0.06
NEE Nextera Energy Inc. Add +17.1% 0.36% +0.06
WD Walker & Dunlop Inc. Add +83.3% 0.28% +0.06
JPM JPMorgan Chase & Co. Add +9.7% 0.88% +0.05
AIG American International Group Add +33.5% 0.18% +0.05
AMZN Amazon.com Inc. Add +1.6% 3.37% +0.04
XOM Exxon Mobil Corp. Add +16.5% 0.24% +0.04
TXN Texas Instruments Inc. Add +46.8% 0.15% +0.04
GQGIX GQG Part Emerg MKTS Eq-Inst Add +6.9% 1.14% +0.03
CP Canadian Pacific Kansas City Add +15.2% 0.24% +0.02
COST Costco Wholesale Corp. Add +11.7% 0.32% −0.00
RELX Relx PLC - Spon ADR Add +13.4% 0.14% −0.01
GPN Global Payments Inc. Add +1.5% 0.54% −0.06
ARIMX Amg RR Smid Val-I Add +1.9% 1.25% −0.08
SBGSY Schneider Elect SE-Unsp ADR Add +1.2% 2.57% −0.16
PG The Procter & Gamble Co. Add +2.1% 1.94% −0.21

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 91$209.0MGOOGL, NVDA, AMD, AAPL, AMAT
Q1 2026 92$182.1MNVDA, GOOGL, AAPL, ADI, MSFT
Q4 2025 98$192.0MNVDA, GOOGL, MSFT, AAPL, AMZN
Q3 2025 86$182.1MNVDA, GOOGL, MSFT, AAPL, MA
Q2 2025 92$173.4MNVDA, MSFT, AAPL, GOOGL, MA
Q1 2025 93$166.6MNVDA, AAPL, MA, MSFT, FISV
Q4 2024 95$173.2MNVDA, AAPL, GOOGL, MSFT, MA
Q3 2024 101$179.2MNVDA, AAPL, MSFT, MA, GOOGL
Q2 2024 81$145.7MNVDA, MSFT, AAPL, GOOGL, ADI
Q1 2024 62$131.3MNVDA, MSFT, MA, AAPL, AMD