Edgemoor Investment Advisors, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 11, 2025), Edgemoor Investment Advisors, Inc. reported 167 stock positions worth $1.2 billion. Its top holding was Microsoft (MSFT) at 9.1% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 6.5%) and Apple (AAPL, 6.2%). Compared with Q1 2025, it opened 13 new positions, sold out of 4, added to 63 and reduced 57. The biggest buy was Nvidia (NVDA, shares +0%) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- BETHESDA, MD
- CIK
- 0001313792
- Portfolio Value
- $1.2B (Q2 2025)
- SEC Filing
- 0001398344-25-014950 ↗ filed Aug 11, 2025
Holdings Value
Holdings 167 stocks · $1.2B
| MSFT Microsoft Corp. | 9.12% | 210,998 | $105.0M | Reduce -2.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 6.50% | 154,068 | $74.8M | Reduce -2.8% |
| AAPL Apple Inc. | 6.23% | 349,630 | $71.7M | Reduce -3.1% |
| URI United Rentals Inc. | 4.69% | 71,645 | $54.0M | Reduce -2.8% |
| AVGO Broadcom Inc. | 4.07% | 170,098 | $46.9M | Reduce -2.4% |
| LOW Lowe's Cos Inc. | 3.85% | 199,595 | $44.3M | Reduce -1.1% |
| AMZN Amazon.com Inc. | 3.44% | 180,296 | $39.6M | Reduce -0.9% |
| GOOG Alphabet Inc. Class C | 3.34% | 216,720 | $38.4M | Reduce -5.7% |
| WSM Williams-Sonoma Inc. | 2.55% | 179,439 | $29.3M | Reduce -3.2% |
| AMAT Applied Materials Inc. | 2.39% | 150,385 | $27.5M | Reduce -2.0% |
| GOOGL Alphabet Inc. Class A | 2.38% | 155,274 | $27.4M | Reduce -0.4% |
| NVDA Nvidia Corp. | 2.36% | 171,577 | $27.1M | Add +0.2% |
| VRTX Vertex Pharmaceuticals Inc. | 2.17% | 56,024 | $24.9M | Reduce -1.4% |
| BX Blackstone Inc. | 1.97% | 151,844 | $22.7M | Reduce -0.5% |
| LEN Lennar Corp. Class A | 1.95% | 202,603 | $22.4M | Reduce -2.1% |
| V Visa Inc. Class A | 1.86% | 60,341 | $21.4M | Reduce -2.5% |
| JCI Johnson Controls Internation | 1.74% | 189,252 | $20.0M | Reduce -4.7% |
| BLK BlackRock Inc. | 1.67% | 18,331 | $19.2M | Reduce -5.4% |
| GD General Dynamics Corp. | 1.44% | 56,639 | $16.5M | Reduce -2.5% |
| SCHW Schwab (charles) Corp. | 1.43% | 179,901 | $16.4M | Add +0.9% |
| TSM Taiwan Semiconductor-SP ADR | 1.33% | 67,745 | $15.3M | Add +0.5% |
| ARCC Ares Capital Corp. | 1.31% | 684,870 | $15.0M | Reduce -5.2% |
| NVS Novartis AG-Sponsored ADR | 1.16% | 110,739 | $13.4M | Reduce -1.4% |
| DE Deere & Co. | 1.12% | 25,249 | $12.8M | Add +0.3% |
| AEP American Electric Power | 1.11% | 123,004 | $12.8M | Reduce -3.0% |
| C Citigroup Inc. | 1.06% | 143,617 | $12.2M | Reduce -0.2% |
| ICSH iShares Ultra Short Duration | 1.03% | 234,465 | $11.9M | Add +1.8% |
| SPG Simon Property Group Inc. | 0.98% | 69,967 | $11.2M | Add +0.5% |
| SHEL Shell PLC-ADR | 0.98% | 159,653 | $11.2M | Add +1.1% |
| O Realty Income Corp. | 0.91% | 180,996 | $10.4M | Add +2.0% |
| ETR Entergy Corp. | 0.87% | 120,848 | $10.0M | Reduce -2.4% |
| VZ Verizon Communications Inc. | 0.85% | 225,269 | $9.7M | Add +1.4% |
| EPD Enterprise Products Partners | 0.82% | 306,179 | $9.5M | Reduce -1.4% |
| CCI Crown Castle Inc. | 0.81% | 91,153 | $9.4M | Add +2.4% |
| TMO Thermo Fisher Scientific Inc. | 0.81% | 22,924 | $9.3M | Add +25.8% |
| T AT&T Inc. | 0.74% | 292,709 | $8.5M | Reduce -1.3% |
| PSA Public Storage | 0.72% | 28,210 | $8.3M | Add +0.5% |
| JEPI JPMorgan Equity Premium Inco | 0.71% | 143,084 | $8.1M | Add +4.0% |
| FISV Fiserv Inc. | 0.65% | 43,495 | $7.5M | Add +4.1% |
| NEE Nextera Energy Inc. | 0.64% | 105,431 | $7.3M | Reduce -1.5% |
| DLR Digital Realty Trust Inc. | 0.62% | 41,048 | $7.2M | Reduce -2.8% |
| SO The Southern Co. | 0.62% | 77,216 | $7.1M | Reduce -10.7% |
| CNP Centerpoint Energy Inc. | 0.56% | 174,928 | $6.4M | Reduce -1.0% |
| FCT First Trust SNR FL RT Inc. II | 0.55% | 628,648 | $6.4M | Reduce -1.6% |
| CWEN.A Clearway Energy Inc. Class A | 0.55% | 208,357 | $6.3M | Reduce -0.2% |
| BKNG Booking Holdings Inc. | 0.54% | 1,072 | $6.2M | Add +2.4% |
| EVRG Evergy Inc. | 0.51% | 85,358 | $5.9M | Add +5.3% |
| PFE Pfizer Inc. | 0.50% | 236,569 | $5.7M | Add +10.8% |
| VRT Vertiv Holdings Co. Class A | 0.44% | 39,339 | $5.1M | Add +0.3% |
| KMI Kinder Morgan Inc. | 0.42% | 166,051 | $4.9M | Reduce -2.5% |
| IVV iShares Core S&P 500 ETF | 0.39% | 7,299 | $4.5M | Add +0.0% |
| ATO Atmos Energy Corp. | 0.37% | 27,859 | $4.3M | Reduce -3.8% |
| ES Eversource Energy | 0.37% | 66,378 | $4.2M | Add +5.0% |
| STWD Starwood Property Trust Inc. | 0.34% | 193,077 | $3.9M | Add +0.8% |
| ARE Alexandria Real Estate Equit | 0.33% | 52,408 | $3.8M | Reduce -10.7% |
| OKE Oneok Inc. | 0.32% | 45,598 | $3.7M | Reduce -1.4% |
| MRK Merck & Co. Inc. | 0.30% | 43,807 | $3.5M | Reduce -6.1% |
| KO The Coca-Cola Co. | 0.29% | 46,877 | $3.3M | Add +1.9% |
| PBA Pembina Pipeline Corp. | 0.28% | 87,420 | $3.3M | Reduce -2.7% |
| BTZ BlackRock Credit Allocation | 0.25% | 266,474 | $2.9M | Reduce -0.8% |
| EMO Clearbridge Energy Midstream | 0.22% | 52,355 | $2.5M | Add +14.0% |
| MRP Millrose Properties | 0.22% | 87,392 | $2.5M | New |
| WELL Welltower Inc. | 0.21% | 16,070 | $2.5M | Reduce -1.9% |
| XFRAX BlackRock Fltng RT Inc. Strat | 0.21% | 187,817 | $2.5M | Add +9.1% |
| XEL Xcel Energy Inc. | 0.21% | 35,708 | $2.4M | Reduce -2.2% |
| NZF Nuveen Municipal Credit Inc. | 0.21% | 199,882 | $2.4M | Add +5.0% |
| UBER Uber Technologies Inc. | 0.20% | 25,262 | $2.4M | Add +75.9% |
| KYN Kayne Anderson Energy Infra | 0.19% | 175,428 | $2.2M | Add +16.0% |
| AGG iShares Core U.S. Aggregate | 0.19% | 22,442 | $2.2M | Reduce -2.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.19% | 3 | $2.2M | No change |
| JPM JPMorgan Chase & Co. | 0.18% | 7,254 | $2.1M | Add +3.3% |
| ORCL Oracle Corp. | 0.17% | 9,006 | $2.0M | Add +0.8% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.17% | 57,253 | $1.9M | Reduce -1.3% |
| CI The Cigna Group | 0.16% | 5,715 | $1.9M | Add +0.6% |
| ACN Accenture PLC Class A | 0.16% | 6,291 | $1.9M | Add +1.6% |
| BEPC Brookfield Renewable Corp. | 0.15% | 53,420 | $1.8M | Add +18.2% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.15% | 18,718 | $1.7M | No change |
| JNJ Johnson & Johnson | 0.14% | 10,875 | $1.7M | Reduce -1.0% |
| BEP Brookfield Renewable Partner | 0.14% | 64,409 | $1.6M | Reduce -2.5% |
| IWF iShares Russell 1000 Growth | 0.14% | 3,762 | $1.6M | No change |
| DHR Danaher Corp. | 0.13% | 7,318 | $1.4M | Add +1.0% |
| MRSH Marsh & McLennan Cos | 0.12% | 6,472 | $1.4M | Add +0.4% |
| SHV iShares 0-1 Year Treasury Bo | 0.11% | 11,405 | $1.3M | Reduce -16.2% |
| XOM Exxon Mobil Corp. | 0.11% | 11,557 | $1.2M | Add +3.4% |
| WMT Walmart Inc. | 0.11% | 12,613 | $1.2M | Add +0.2% |
| VOO Vanguard S&P 500 ETF | 0.10% | 2,078 | $1.2M | No change |
| IJH iShares Core S&P Midcap ETF | 0.10% | 18,354 | $1.1M | Add +0.6% |
| ADBE Adobe Inc. | 0.09% | 2,779 | $1.1M | Add +10.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.09% | 15,190 | $1.0M | Reduce -3.4% |
| HD Home Depot Inc. | 0.09% | 2,788 | $1.0M | Add +11.0% |
| GBDC Golub Capital BDC Inc. | 0.09% | 69,215 | $1.0M | Reduce -1.4% |
| ED Consolidated Edison Inc. | 0.09% | 9,781 | $982K | No change |
| WY Weyerhaeuser Co. | 0.08% | 36,736 | $944K | Reduce -9.3% |
| SUB iShares Short-Term National | 0.08% | 8,853 | $941K | Add +196.6% |
| CSX CSX Corp. | 0.08% | 27,750 | $905K | No change |
| ADP Automatic Data Processing | 0.07% | 2,689 | $829K | Reduce -0.4% |
| CVX Chevron Corp. | 0.07% | 5,693 | $815K | No change |
| LLY Eli Lilly & Co. | 0.07% | 1,038 | $810K | Reduce -9.5% |
| COST Costco Wholesale Corp. | 0.07% | 785 | $778K | Add +16.5% |
| MUB iShares National Muni Bond E | 0.07% | 7,363 | $769K | Reduce -25.4% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $7.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 3,120 | $3.7M | Reduce -3.3% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,591 | $1.9M | Reduce -0.5% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 74,333 | $1.8M | No change |
Total filed on the 13F, all lines: $1.2B.
Portfolio Sells Q1 2025 → Q2 2025
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.8% | 6.50% | −1.31 |
| AAPL Apple Inc. | Reduce -3.1% | 6.23% | −1.19 |
| LOW Lowe's Cos Inc. | Reduce -1.1% | 3.85% | −0.51 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -1.4% | 2.17% | −0.38 |
| LEN Lennar Corp. Class A | Reduce -2.1% | 1.95% | −0.25 |
| ARCC Ares Capital Corp. | Reduce -5.2% | 1.31% | −0.18 |
| AEP American Electric Power | Reduce -3.0% | 1.11% | −0.17 |
| ARE Alexandria Real Estate Equit | Reduce -10.7% | 0.33% | −0.17 |
| WSM Williams-Sonoma Inc. | Reduce -3.2% | 2.55% | −0.17 |
| EPD Enterprise Products Partners | Reduce -1.4% | 0.82% | −0.16 |
| V Visa Inc. Class A | Reduce -2.5% | 1.86% | −0.15 |
| SO The Southern Co. | Reduce -10.7% | 0.62% | −0.12 |
| BCE Bce Inc. | Sold out | 0.00% | −0.12 |
| ETR Entergy Corp. | Reduce -2.4% | 0.87% | −0.11 |
| OKE Oneok Inc. | Reduce -1.4% | 0.32% | −0.10 |
| MRK Merck & Co. Inc. | Reduce -6.1% | 0.30% | −0.09 |
| NEE Nextera Energy Inc. | Reduce -1.5% | 0.64% | −0.07 |
| SLB SLB Ltd. | Reduce -1.3% | 0.17% | −0.06 |
| PBA Pembina Pipeline Corp. | Reduce -2.7% | 0.28% | −0.05 |
| FCT First Trust SNR FL RT Inc. II | Reduce -1.6% | 0.55% | −0.05 |
| ATO Atmos Energy Corp. | Reduce -3.8% | 0.37% | −0.04 |
| T AT&T Inc. | Reduce -1.3% | 0.74% | −0.04 |
| CNP Centerpoint Energy Inc. | Reduce -1.0% | 0.56% | −0.03 |
| GD General Dynamics Corp. | Reduce -2.5% | 1.44% | −0.03 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -16.2% | 0.11% | −0.03 |
| MUB iShares National Muni Bond E | Reduce -25.4% | 0.07% | −0.03 |
| XEL Xcel Energy Inc. | Reduce -2.2% | 0.21% | −0.03 |
| WY Weyerhaeuser Co. | Reduce -9.3% | 0.08% | −0.03 |
| BLK BlackRock Inc. | Reduce -5.4% | 1.67% | −0.03 |
| BOTZ Global X Robotics & Artifici | Sold out | 0.00% | −0.03 |
| KMI Kinder Morgan Inc. | Reduce -2.5% | 0.42% | −0.03 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.03 |
| JNJ Johnson & Johnson | Reduce -1.0% | 0.14% | −0.02 |
| FTV Fortive Corp. | Sold out | 0.00% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -2.7% | 0.19% | −0.02 |
| WELL Welltower Inc. | Reduce -1.9% | 0.21% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -9.5% | 0.07% | −0.02 |
| BTZ BlackRock Credit Allocation | Reduce -0.8% | 0.25% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -14.3% | 0.07% | −0.01 |
| GBDC Golub Capital BDC Inc. | Reduce -1.4% | 0.09% | −0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -3.4% | 0.09% | −0.01 |
| AMGN Amgen Inc. | Reduce -0.1% | 0.05% | −0.01 |
| JFR Nuveen Floating Rate Income | Reduce -4.0% | 0.05% | −0.01 |
| HON Honeywell International Inc. | Reduce -25.0% | 0.02% | −0.01 |
| ADP Automatic Data Processing | Reduce -0.4% | 0.07% | −0.00 |
| BX Blackstone Inc. | Reduce -0.5% | 1.97% | −0.00 |
| CWEN.A Clearway Energy Inc. Class A | Reduce -0.2% | 0.55% | −0.00 |
| LMT Lockheed Martin Corp. | Reduce -1.2% | 0.05% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -0.6% | 0.06% | +0.00 |
| NVS Novartis AG-Sponsored ADR | Reduce -1.4% | 1.16% | +0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +0.2% | 2.36% | +0.64 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.5% | 1.33% | +0.30 |
| MRP Millrose Properties | New | 0.22% | +0.22 |
| VRT Vertiv Holdings Co. Class A | Add +0.3% | 0.44% | +0.18 |
| SCHW Schwab (charles) Corp. | Add +0.9% | 1.43% | +0.13 |
| UBER Uber Technologies Inc. | Add +75.9% | 0.20% | +0.11 |
| BKNG Booking Holdings Inc. | Add +2.4% | 0.54% | +0.09 |
| ORCL Oracle Corp. | Add +0.8% | 0.17% | +0.06 |
| UPS United Parcel Service Class B | New | 0.05% | +0.05 |
| FSLR First Solar Inc. | New | 0.05% | +0.05 |
| SUB iShares Short-Term National | Add +196.6% | 0.08% | +0.05 |
| BEPC Brookfield Renewable Corp. | Add +18.2% | 0.15% | +0.04 |
| USB US Bancorp | New | 0.03% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +3.3% | 0.18% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.02% | +0.02 |
| PANW Palo Alto Networks Inc. | New | 0.02% | +0.02 |
| DE Deere & Co. | Add +0.3% | 1.12% | +0.02 |
| CEG Constellation Energy | New | 0.02% | +0.02 |
| NFLX Netflix Inc. | New | 0.02% | +0.02 |
| IVW iShares S&P 500 Growth ETF | New | 0.02% | +0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.02% | +0.02 |
| MAR Marriott International Class A | New | 0.02% | +0.02 |
| XLK SS Technology Select Sector | New | 0.02% | +0.02 |
| IWP iShares Russell Mid-Cap Grow | New | 0.02% | +0.02 |
| KYN Kayne Anderson Energy Infra | Add +16.0% | 0.19% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +0.0% | 0.39% | +0.01 |
| META Meta Platforms Inc. Class A | Add +2.8% | 0.06% | +0.01 |
| COST Costco Wholesale Corp. | Add +16.5% | 0.07% | +0.01 |
| XFRAX BlackRock Fltng RT Inc. Strat | Add +9.1% | 0.21% | +0.01 |
| EMO Clearbridge Energy Midstream | Add +14.0% | 0.22% | +0.01 |
| ETN Eaton Corp. PLC | Add +2.0% | 0.03% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +19.5% | 0.03% | +0.01 |
| KKR KKR & Co. Inc. | Add +1.2% | 0.06% | +0.00 |
| WMT Walmart Inc. | Add +0.2% | 0.11% | +0.00 |
| ADBE Adobe Inc. | Add +10.4% | 0.09% | +0.00 |
| SYK Stryker Corp. | Add +8.9% | 0.05% | +0.00 |
| MCD McDonald's Corp. | Add +26.5% | 0.04% | +0.00 |
| HD Home Depot Inc. | Add +11.0% | 0.09% | +0.00 |
| ES Eversource Energy | Add +5.0% | 0.37% | +0.00 |
| AXP American Express Co. | Add +1.9% | 0.03% | +0.00 |
| RTX RTX Corp. | Add +1.3% | 0.06% | +0.00 |
| IEFA iShares Core MSCI Eafe ETF | Add +6.0% | 0.02% | +0.00 |
| IEMG iShares Core MSCI Emerging | Add +5.2% | 0.02% | +0.00 |
| WFC Wells Fargo & Co. | Add +0.6% | 0.02% | +0.00 |
| ABT Abbott Laboratories | Add +5.3% | 0.04% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +0.6% | 0.10% | +0.00 |
| PFF iShares Preferred & Income S | Add +6.0% | 0.03% | −0.00 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +4.6% | 0.03% | −0.00 |
| SYY Sysco Corp. | Add +0.6% | 0.02% | −0.00 |
| PAYX Paychex Inc. | Add +5.6% | 0.03% | −0.00 |
Notes & Other Activity Q1 2025 → Q2 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -3.3% | 3,120 | $3.7M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -0.5% | 1,591 | $1.9M |
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 | 185 | $1.5B | AMAT, AAPL, URI, MSFT, BRK.B |
| Q1 2026 | 167 | $1.3B | AAPL, MSFT, BRK.B, GOOG, AVGO |
| Q4 2025 | 172 | $1.3B | MSFT, AAPL, BRK.B, GOOG, AVGO |
| Q3 2025 | 187 | $1.3B | MSFT, AAPL, BRK.B, URI, AVGO |
| Q2 2025 | 167 | $1.2B | MSFT, BRK.B, AAPL, URI, AVGO |
| Q1 2025 | 158 | $1.1B | BRK.B, MSFT, AAPL, LOW, URI |
| Q4 2024 | 165 | $1.1B | MSFT, AAPL, BRK.B, URI, LOW |
| Q3 2024 | 161 | $1.1B | MSFT, AAPL, BRK.B, URI, LOW |
| Q2 2024 | 157 | $1.1B | MSFT, AAPL, BRK.B, URI, LOW |
| Q1 2024 | 161 | $1.0B | MSFT, BRK.B, AAPL, URI, LOW |