Edgemoor Investment Advisors, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Edgemoor Investment Advisors, Inc. reported 187 stock positions worth $1.3 billion. Its top holding was Microsoft (MSFT) at 8.5% of the portfolio, followed by Apple (AAPL, 6.9%) and Berkshire Hathaway Class B (BRK.B, 6.0%). Compared with Q2 2025, it opened 24 new positions, sold out of 4, added to 81 and reduced 57. The biggest buy was Alphabet Class C (GOOG, shares +1%) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- BETHESDA, MD
- CIK
- 0001313792
- Portfolio Value
- $1.3B (Q3 2025)
- SEC Filing
- 0001398344-25-020409 ↗ filed Nov 6, 2025
Holdings Value
Holdings 187 stocks · $1.3B
| MSFT Microsoft Corp. | 8.53% | 212,314 | $110.0M | Add +0.6% |
| AAPL Apple Inc. | 6.86% | 347,332 | $88.4M | Reduce -0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 6.00% | 153,879 | $77.4M | Reduce -0.1% |
| URI United Rentals Inc. | 5.25% | 70,899 | $67.7M | Reduce -1.0% |
| AVGO Broadcom Inc. | 4.35% | 170,041 | $56.1M | Reduce -0.0% |
| GOOG Alphabet Inc. Class C | 4.12% | 218,112 | $53.1M | Add +0.6% |
| LOW Lowe's Cos Inc. | 3.89% | 199,436 | $50.1M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 3.09% | 181,520 | $39.9M | Add +0.7% |
| GOOGL Alphabet Inc. Class A | 2.92% | 154,644 | $37.6M | Reduce -0.4% |
| WSM Williams-Sonoma Inc. | 2.69% | 177,267 | $34.6M | Reduce -1.2% |
| NVDA Nvidia Corp. | 2.52% | 174,364 | $32.5M | Add +1.6% |
| AMAT Applied Materials Inc. | 2.40% | 150,824 | $30.9M | Add +0.3% |
| BX Blackstone Inc. | 2.02% | 152,274 | $26.0M | Add +0.3% |
| LEN Lennar Corp. Class A | 1.98% | 202,503 | $25.5M | Reduce -0.1% |
| VRTX Vertex Pharmaceuticals Inc. | 1.68% | 55,194 | $21.6M | Reduce -1.5% |
| BLK BlackRock Inc. | 1.66% | 18,311 | $21.3M | Reduce -0.1% |
| V Visa Inc. Class A | 1.61% | 60,810 | $20.8M | Add +0.8% |
| JCI Johnson Controls Internation | 1.60% | 187,401 | $20.6M | Reduce -1.0% |
| GD General Dynamics Corp. | 1.49% | 56,308 | $19.2M | Reduce -0.6% |
| TSM Taiwan Semiconductor-SP ADR | 1.48% | 68,377 | $19.1M | Add +0.9% |
| SCHW Schwab (charles) Corp. | 1.33% | 180,055 | $17.2M | Add +0.1% |
| ICSH iShares Ultra Short Duration | 1.15% | 291,680 | $14.8M | Add +24.4% |
| C Citigroup Inc. | 1.13% | 143,436 | $14.6M | Reduce -0.1% |
| ARCC Ares Capital Corp. | 1.12% | 704,039 | $14.4M | Add +2.8% |
| NVS Novartis AG-Sponsored ADR | 1.09% | 109,040 | $14.0M | Reduce -1.5% |
| AEP American Electric Power | 1.07% | 122,533 | $13.8M | Reduce -0.4% |
| SPG Simon Property Group Inc. | 1.02% | 69,821 | $13.1M | Reduce -0.2% |
| DE Deere & Co. | 0.93% | 26,098 | $11.9M | Add +3.4% |
| O Realty Income Corp. | 0.91% | 193,718 | $11.8M | Add +7.0% |
| SHEL Shell PLC-ADR | 0.89% | 161,029 | $11.5M | Add +0.9% |
| ETR Entergy Corp. | 0.86% | 118,967 | $11.1M | Reduce -1.6% |
| VZ Verizon Communications Inc. | 0.77% | 226,735 | $10.0M | Add +0.7% |
| EPD Enterprise Products Partners | 0.74% | 303,337 | $9.5M | Reduce -0.9% |
| T AT&T Inc. | 0.71% | 321,946 | $9.1M | Add +10.0% |
| CCI Crown Castle Inc. | 0.69% | 92,769 | $9.0M | Add +1.8% |
| JEPI JPMorgan Equity Premium Inco | 0.67% | 151,636 | $8.7M | Add +6.0% |
| TMO Thermo Fisher Scientific Inc. | 0.65% | 17,303 | $8.4M | Reduce -24.5% |
| PSA Public Storage | 0.64% | 28,496 | $8.2M | Add +1.0% |
| NEE Nextera Energy Inc. | 0.61% | 104,896 | $7.9M | Reduce -0.5% |
| SO The Southern Co. | 0.56% | 76,046 | $7.2M | Reduce -1.5% |
| DLR Digital Realty Trust Inc. | 0.54% | 40,354 | $7.0M | Reduce -1.7% |
| EVRG Evergy Inc. | 0.52% | 88,139 | $6.7M | Add +3.3% |
| CNP Centerpoint Energy Inc. | 0.52% | 172,530 | $6.7M | Reduce -1.4% |
| FISV Fiserv Inc. | 0.52% | 51,594 | $6.7M | Add +18.6% |
| PFE Pfizer Inc. | 0.50% | 254,401 | $6.5M | Add +7.5% |
| IVV iShares Core S&P 500 ETF | 0.49% | 9,468 | $6.3M | Add +29.7% |
| VRT Vertiv Holdings Co. Class A | 0.49% | 41,551 | $6.3M | Add +5.6% |
| FCT First Trust SNR FL RT Inc. II | 0.47% | 600,577 | $6.0M | Reduce -4.5% |
| BKNG Booking Holdings Inc. | 0.46% | 1,106 | $6.0M | Add +3.2% |
| CWEN.A Clearway Energy Inc. Class A | 0.44% | 212,776 | $5.7M | Add +2.1% |
| ES Eversource Energy | 0.40% | 72,758 | $5.2M | Add +9.6% |
| KMI Kinder Morgan Inc. | 0.36% | 164,731 | $4.7M | Reduce -0.8% |
| ATO Atmos Energy Corp. | 0.36% | 26,866 | $4.6M | Reduce -3.6% |
| STWD Starwood Property Trust Inc. | 0.30% | 199,463 | $3.9M | Add +3.3% |
| ARE Alexandria Real Estate Equit | 0.28% | 42,555 | $3.5M | Reduce -18.8% |
| PBA Pembina Pipeline Corp. | 0.27% | 87,253 | $3.5M | Reduce -0.2% |
| OKE Oneok Inc. | 0.25% | 45,004 | $3.3M | Reduce -1.3% |
| USB US Bancorp | 0.25% | 67,832 | $3.3M | Add +726.1% |
| KO The Coca-Cola Co. | 0.24% | 47,311 | $3.1M | Add +0.9% |
| UBER Uber Technologies Inc. | 0.24% | 31,076 | $3.0M | Add +23.0% |
| BTZ BlackRock Credit Allocation | 0.23% | 266,253 | $2.9M | Reduce -0.1% |
| WELL Welltower Inc. | 0.22% | 15,885 | $2.8M | Reduce -1.1% |
| MRP Millrose Properties | 0.22% | 83,205 | $2.8M | Reduce -4.8% |
| NZF Nuveen Municipal Credit Inc. | 0.22% | 222,357 | $2.8M | Add +11.2% |
| XEL Xcel Energy Inc. | 0.22% | 34,568 | $2.8M | Reduce -3.2% |
| IWF iShares Russell 1000 Growth | 0.21% | 5,914 | $2.8M | Add +57.2% |
| JPM JPMorgan Chase & Co. | 0.21% | 8,583 | $2.7M | Add +18.3% |
| XFRAX BlackRock Fltng RT Inc. Strat | 0.20% | 201,353 | $2.6M | Add +7.2% |
| ORCL Oracle Corp. | 0.20% | 8,981 | $2.5M | Reduce -0.3% |
| EMO Clearbridge Energy Midstream | 0.19% | 54,007 | $2.4M | Add +3.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.18% | 3 | $2.3M | No change |
| KYN Kayne Anderson Energy Infra | 0.17% | 180,380 | $2.2M | Add +2.8% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.17% | 62,533 | $2.1M | Add +9.2% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.16% | 18,718 | $2.0M | No change |
| JNJ Johnson & Johnson | 0.16% | 10,845 | $2.0M | Reduce -0.3% |
| BEPC Brookfield Renewable Corp. | 0.15% | 57,946 | $2.0M | Add +8.5% |
| VOO Vanguard S&P 500 ETF | 0.15% | 3,243 | $2.0M | Add +56.1% |
| BEP Brookfield Renewable Partner | 0.14% | 71,406 | $1.8M | Add +10.9% |
| LLY Eli Lilly & Co. | 0.14% | 2,328 | $1.8M | Add +124.3% |
| UPS United Parcel Service Class B | 0.13% | 20,592 | $1.7M | Add +236.8% |
| CPRT Copart Inc. | 0.13% | 37,171 | $1.7M | New |
| CI The Cigna Group | 0.13% | 5,715 | $1.6M | No change |
| AGG iShares Core U.S. Aggregate | 0.12% | 15,717 | $1.6M | Reduce -30.0% |
| XOM Exxon Mobil Corp. | 0.12% | 13,429 | $1.5M | Add +16.2% |
| DHR Danaher Corp. | 0.11% | 7,346 | $1.5M | Add +0.4% |
| INTU Intuit Inc. | 0.11% | 2,007 | $1.4M | New |
| WMT Walmart Inc. | 0.10% | 12,686 | $1.3M | Add +0.6% |
| SHV iShares 0-1 Year Treasury Bo | 0.10% | 11,105 | $1.2M | Reduce -2.6% |
| FSLR First Solar Inc. | 0.09% | 5,520 | $1.2M | Add +49.9% |
| CAVA Cava Group Inc. | 0.09% | 19,984 | $1.2M | New |
| HD Home Depot Inc. | 0.09% | 2,820 | $1.1M | Add +1.1% |
| IJH iShares Core S&P Midcap ETF | 0.09% | 17,229 | $1.1M | Reduce -6.1% |
| IJR iShares Core S&P Small-Cap E | 0.08% | 9,009 | $1.1M | Add +28.6% |
| ABBV Abbvie Inc. | 0.08% | 4,607 | $1.1M | Add +89.6% |
| TFC Truist Financial Corp. | 0.08% | 23,199 | $1.1M | New |
| ADBE Adobe Inc. | 0.08% | 2,871 | $1.0M | Add +3.3% |
| CSX CSX Corp. | 0.08% | 27,750 | $985K | No change |
| ED Consolidated Edison Inc. | 0.08% | 9,781 | $983K | No change |
| CVX Chevron Corp. | 0.07% | 6,223 | $966K | Add +9.3% |
| ACN Accenture PLC Class A | 0.07% | 3,834 | $945K | Reduce -39.1% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $7.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 3,034 | $3.7M | Reduce -2.8% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,591 | $2.0M | No change |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 73,353 | $1.9M | Reduce -1.3% |
Total filed on the 13F, all lines: $1.3B.
Portfolio Sells Q2 2025 → Q3 2025
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.1% | 6.00% | −0.50 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -1.5% | 1.68% | −0.49 |
| MRK Merck & Co. Inc. | Reduce -89.5% | 0.03% | −0.27 |
| TMO Thermo Fisher Scientific Inc. | Reduce -24.5% | 0.65% | −0.16 |
| JCI Johnson Controls Internation | Reduce -1.0% | 1.60% | −0.14 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.12 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.09 |
| ACN Accenture PLC Class A | Reduce -39.1% | 0.07% | −0.09 |
| EPD Enterprise Products Partners | Reduce -0.9% | 0.74% | −0.09 |
| FCT First Trust SNR FL RT Inc. II | Reduce -4.5% | 0.47% | −0.09 |
| DLR Digital Realty Trust Inc. | Reduce -1.7% | 0.54% | −0.08 |
| NVS Novartis AG-Sponsored ADR | Reduce -1.5% | 1.09% | −0.08 |
| AGG iShares Core U.S. Aggregate | Reduce -30.0% | 0.12% | −0.07 |
| OKE Oneok Inc. | Reduce -1.3% | 0.25% | −0.07 |
| KMI Kinder Morgan Inc. | Reduce -0.8% | 0.36% | −0.06 |
| SO The Southern Co. | Reduce -1.5% | 0.56% | −0.06 |
| ARE Alexandria Real Estate Equit | Reduce -18.8% | 0.28% | −0.06 |
| AEP American Electric Power | Reduce -0.4% | 1.07% | −0.04 |
| CNP Centerpoint Energy Inc. | Reduce -1.4% | 0.52% | −0.04 |
| WY Weyerhaeuser Co. | Reduce -26.0% | 0.05% | −0.03 |
| BTZ BlackRock Credit Allocation | Reduce -0.1% | 0.23% | −0.02 |
| NEE Nextera Energy Inc. | Reduce -0.5% | 0.61% | −0.02 |
| CARR Carrier Global Corp. | Sold out | 0.00% | −0.02 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.02 |
| ATO Atmos Energy Corp. | Reduce -3.6% | 0.36% | −0.02 |
| SUB iShares Short-Term National | Reduce -10.2% | 0.07% | −0.02 |
| GBDC Golub Capital BDC Inc. | Reduce -1.7% | 0.07% | −0.02 |
| BLK BlackRock Inc. | Reduce -0.1% | 1.66% | −0.01 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -2.6% | 0.10% | −0.01 |
| ADP Automatic Data Processing | Reduce -2.5% | 0.06% | −0.01 |
| ETR Entergy Corp. | Reduce -1.6% | 0.86% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -6.1% | 0.09% | −0.01 |
| PBA Pembina Pipeline Corp. | Reduce -0.2% | 0.27% | −0.01 |
| MKL Markel Group Inc. | Reduce -26.7% | 0.02% | −0.01 |
| NOW ServiceNow Inc. | Reduce -3.5% | 0.03% | −0.01 |
| JFR Nuveen Floating Rate Income | Reduce -4.4% | 0.04% | −0.01 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -25.0% | 0.02% | −0.01 |
| MUB iShares National Muni Bond E | Reduce -3.9% | 0.06% | −0.01 |
| KKR KKR & Co. Inc. | Reduce -0.2% | 0.05% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -5.9% | 0.05% | −0.01 |
| MAR Marriott International Class A | Reduce -2.1% | 0.02% | −0.00 |
| AXP American Express Co. | Reduce -3.3% | 0.02% | −0.00 |
| QCOM Qualcomm Inc. | Reduce -0.8% | 0.03% | −0.00 |
| VLTO Veralto Corp. | Reduce -0.9% | 0.02% | −0.00 |
| SYY Sysco Corp. | Reduce -0.9% | 0.02% | −0.00 |
| DD Dupont DE Nemours Inc. | Reduce -3.6% | 0.02% | −0.00 |
| MRP Millrose Properties | Reduce -4.8% | 0.22% | +0.00 |
| WELL Welltower Inc. | Reduce -1.1% | 0.22% | +0.01 |
| XEL Xcel Energy Inc. | Reduce -3.2% | 0.22% | +0.01 |
| JNJ Johnson & Johnson | Reduce -0.3% | 0.16% | +0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOG Alphabet Inc. Class C | Add +0.6% | 4.12% | +0.78 |
| USB US Bancorp | Add +726.1% | 0.25% | +0.22 |
| NVDA Nvidia Corp. | Add +1.6% | 2.52% | +0.17 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.9% | 1.48% | +0.15 |
| CPRT Copart Inc. | New | 0.13% | +0.13 |
| ICSH iShares Ultra Short Duration | Add +24.4% | 1.15% | +0.12 |
| INTU Intuit Inc. | New | 0.11% | +0.11 |
| IVV iShares Core S&P 500 ETF | Add +29.7% | 0.49% | +0.10 |
| CAVA Cava Group Inc. | New | 0.09% | +0.09 |
| TFC Truist Financial Corp. | New | 0.08% | +0.08 |
| UPS United Parcel Service Class B | Add +236.8% | 0.13% | +0.08 |
| IWF iShares Russell 1000 Growth | Add +57.2% | 0.21% | +0.08 |
| LLY Eli Lilly & Co. | Add +124.3% | 0.14% | +0.07 |
| IYW iShares Ustechnology ETF | New | 0.05% | +0.05 |
| VOO Vanguard S&P 500 ETF | Add +56.1% | 0.15% | +0.05 |
| VRT Vertiv Holdings Co. Class A | Add +5.6% | 0.49% | +0.05 |
| BX Blackstone Inc. | Add +0.3% | 2.02% | +0.05 |
| BAC Bank of America Corp. | New | 0.05% | +0.05 |
| ABBV Abbvie Inc. | Add +89.6% | 0.08% | +0.04 |
| STLD Steel Dynamics Inc. | New | 0.04% | +0.04 |
| FSLR First Solar Inc. | Add +49.9% | 0.09% | +0.04 |
| ES Eversource Energy | Add +9.6% | 0.40% | +0.03 |
| UBSI United Bankshares Inc. | New | 0.03% | +0.03 |
| UBER Uber Technologies Inc. | Add +23.0% | 0.24% | +0.03 |
| FFBC First Financial Bancorp | New | 0.03% | +0.03 |
| PNC PNC Financial Services Group | New | 0.03% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +18.3% | 0.21% | +0.03 |
| IWR iShares Russell Mid-Cap ETF | Add +58.7% | 0.07% | +0.02 |
| IWN iShares Russell 2000 Value E | New | 0.02% | +0.02 |
| SDY SS SPDR S&P Dividend ETF | New | 0.02% | +0.02 |
| CG The Carlyle Group Inc. | New | 0.02% | +0.02 |
| WM Waste Management Inc. | New | 0.02% | +0.02 |
| DUK Duke Energy Corp. | New | 0.02% | +0.02 |
| CAT Caterpillar Inc. | New | 0.02% | +0.02 |
| IWD iShares Russell 1000 Value E | Add +57.7% | 0.06% | +0.02 |
| LMT Lockheed Martin Corp. | Add +44.1% | 0.07% | +0.02 |
| NSC Norfolk Southern Corp. | New | 0.02% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | New | 0.02% | +0.02 |
| SMMD iShares Russell 2500 ETF | New | 0.02% | +0.02 |
| MU Micron Technology Inc. | New | 0.02% | +0.02 |
| IWM iShares Russell 2000 ETF | New | 0.02% | +0.02 |
| IJR iShares Core S&P Small-Cap E | Add +28.6% | 0.08% | +0.02 |
| GLW Corning Inc. | New | 0.02% | +0.02 |
| RSP Invesco S&P 500 Equal Weight | New | 0.02% | +0.02 |
| IGM iShares Expanded Tech Sector | New | 0.02% | +0.02 |
| NZF Nuveen Municipal Credit Inc. | Add +11.2% | 0.22% | +0.01 |
| XOM Exxon Mobil Corp. | Add +16.2% | 0.12% | +0.01 |
| EVRG Evergy Inc. | Add +3.3% | 0.52% | +0.01 |
| IWP iShares Russell Mid-Cap Grow | Add +60.2% | 0.03% | +0.01 |
| O Realty Income Corp. | Add +7.0% | 0.91% | +0.01 |
Notes & Other Activity Q2 2025 → Q3 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -2.8% | 3,034 | $3.7M |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Reduce -1.3% | 73,353 | $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 |