Enterprise Bank & Trust Co

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 7, 2025), Enterprise Bank & Trust Co reported 135 stock positions worth $267.4 million. Its top holding was iShares Core S&P Midcap ETF (IJH) at 7.2% of the portfolio, followed by Microsoft (MSFT, 7.0%) and Nvidia (NVDA, 6.0%). Compared with Q1 2025, it opened 9 new positions, sold out of 4, added to 27 and reduced 48. The biggest buy was Dimensional Emerging Core Eq (DFAE, shares +5%) and the biggest sale an exit from Vanguard Real Estate ETF (VNQ).

Most Recent 13F
Q2 2025
Location
LOWELL, MA
CIK
0001770710
Portfolio Value
$267.4M (Q2 2025)
SEC Filing
0001770710-25-000003 ↗ filed Jul 7, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $291.3M Q1 2024 Q2 2024: $292.8M Q2 2024 Q3 2024: $310.4M Q3 2024 Q4 2024: $303.8M Q4 2024 Q1 2025: $258.9M Q1 2025 Q2 2025: $267.4M $267.4M Q2 2025

Holdings 135 stocks · $267.4M
IJH iShares Core S&P Midcap ETF 7.21% 311,078 $19.3M Reduce -8.6%
MSFT Microsoft Corp. 6.98% 37,515 $18.7M Reduce -1.7%
NVDA Nvidia Corp. 5.97% 101,120 $16.0M Reduce -4.3%
AAPL Apple Inc. 5.35% 69,739 $14.3M Add +0.0%
AMZN Amazon.com Inc. 3.71% 45,203 $9.9M Reduce 0.0%
SPY SS SPDR S&P 500 ETF Trust-US 3.53% 15,296 $9.5M Reduce -0.6%
DFAE Dimensional Emerging Core Eq 3.45% 318,236 $9.2M Add +4.9%
JPM JPMorgan Chase & Co. 3.20% 29,540 $8.6M Reduce -1.1%
META Meta Platforms Inc. Class A 3.06% 11,071 $8.2M Reduce -2.0%
GOOGL Alphabet Inc. Class A 2.92% 44,254 $7.8M Reduce -0.8%
COST Costco Wholesale Corp. 2.67% 7,204 $7.1M Reduce -1.2%
LLY Eli Lilly & Co. 1.69% 5,795 $4.5M Reduce -0.2%
PANW Palo Alto Networks Inc. 1.47% 19,249 $3.9M Reduce -0.3%
ABT Abbott Laboratories 1.47% 28,830 $3.9M Add +0.6%
MA Mastercard Inc. Class A 1.46% 6,936 $3.9M Add +0.1%
AGG iShares Core U.S. Aggregate 1.45% 39,041 $3.9M Reduce -3.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.44% 31,205 $3.9M Reduce -0.6%
V Visa Inc. Class A 1.43% 10,805 $3.8M Reduce -0.3%
HD Home Depot Inc. 1.29% 9,434 $3.5M Reduce -0.1%
CMG Chipotle Mexican Grill Inc. 1.22% 58,103 $3.3M No change
ICE Intercontinental Exchange Inc. 1.17% 17,109 $3.1M No change
CVX Chevron Corp. 1.12% 20,868 $3.0M Reduce -1.8%
CRM Salesforce Inc. 1.11% 10,910 $3.0M Add +0.1%
HON Honeywell International Inc. 1.11% 12,769 $3.0M Add +1.7%
UNP Union Pacific Corp. 0.98% 11,447 $2.6M Add +2.8%
GOOG Alphabet Inc. Class C 0.96% 14,515 $2.6M Reduce -2.1%
SPGI S&P Global Inc. 0.93% 4,725 $2.5M No change
ACN Accenture PLC Class A 0.92% 8,220 $2.5M Add +8.4%
GD General Dynamics Corp. 0.91% 8,377 $2.4M Reduce -2.3%
UNH Unitedhealth Group Inc. 0.89% 7,663 $2.4M Reduce -1.0%
AMT American Tower Corp. 0.89% 10,740 $2.4M Add +1.6%
PEP Pepsico Inc. 0.88% 17,818 $2.4M Reduce -2.3%
MRSH Marsh & McLennan Cos 0.83% 10,201 $2.2M Reduce -0.2%
MCD McDonald's Corp. 0.82% 7,464 $2.2M No change
ADI Analog Devices Inc. 0.81% 9,155 $2.2M No change
PG The Procter & Gamble Co. 0.68% 11,361 $1.8M Add +2.9%
TMO Thermo Fisher Scientific Inc. 0.67% 4,422 $1.8M Add +2.9%
NEE Nextera Energy Inc. 0.66% 25,427 $1.8M Reduce -0.7%
IVV iShares Core S&P 500 ETF 0.64% 2,765 $1.7M Reduce -62.5%
AVGO Broadcom Inc. 0.62% 6,012 $1.7M Add +16.4%
ORCL Oracle Corp. 0.62% 7,556 $1.7M Add +6.7%
MDLZ Mondelez International Inc. Class A 0.60% 23,964 $1.6M Add +0.7%
VOO Vanguard S&P 500 ETF 0.59% 2,789 $1.6M Reduce -2.5%
MSI Motorola Solutions Inc. 0.59% 3,736 $1.6M No change
VWO Vanguard Ftse Emerging Marke 0.55% 29,890 $1.5M No change
NKE Nike Inc. Class B 0.53% 20,044 $1.4M Reduce -5.2%
CDW CDW Corp. 0.53% 7,939 $1.4M Reduce -1.4%
RTX RTX Corp. 0.51% 9,418 $1.4M Add +2.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.51% 11,026 $1.4M Add +1.4%
VEA Vanguard Ftse Developed ETF 0.51% 23,933 $1.4M Reduce -1.4%
FCX Freeport-McMoran Inc. 0.51% 31,220 $1.4M Reduce -0.6%
CARR Carrier Global Corp. 0.45% 16,613 $1.2M Add +3.8%
FDUS Fidus Investment Corp. 0.42% 55,912 $1.1M No change
SCHW Schwab (charles) Corp. 0.41% 12,006 $1.1M Add +3.5%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.41% 32,185 $1.1M Reduce -0.3%
EFA iShares MSCI Eafe ETF 0.39% 11,540 $1.0M Reduce -0.9%
JNJ Johnson & Johnson 0.36% 6,306 $963K Add +19.4%
GSK GSK PLC-Spon ADR 0.35% 24,455 $939K Reduce -0.7%
DHR Danaher Corp. 0.35% 4,706 $930K Reduce -2.3%
SHY iShares 1-3 Year Treasury Bo 0.35% 11,172 $926K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.34% 3,208 $898K New
IWF iShares Russell 1000 Growth 0.33% 2,047 $869K No change
ADBE Adobe Inc. 0.32% 2,183 $845K Reduce -1.4%
BX Blackstone Inc. 0.31% 5,520 $826K Reduce -12.9%
TPL Texas Pacific Land Corp. 0.29% 735 $776K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.28% 15,903 $753K No change
CLS Celestica Inc. 0.28% 4,724 $737K No change
BRK.A Berkshire Hathaway Inc. Class A 0.27% 1 $729K No change
CSCO Cisco Systems Inc. 0.27% 10,447 $725K Add +8.6%
QUS SS SPDR MSCI U Stratfact ETF 0.27% 4,360 $711K No change
ETN Eaton Corp. PLC 0.26% 1,980 $707K Reduce -26.2%
DD Dupont DE Nemours Inc. 0.26% 10,227 $701K Add +1.8%
TXN Texas Instruments Inc. 0.25% 3,169 $658K No change
RY Royal Bank of Canada 0.24% 4,800 $631K No change
XOM Exxon Mobil Corp. 0.23% 5,733 $618K Add +7.1%
VB Vanguard Most SM-Cap ETF-Usd 0.22% 2,471 $586K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.22% 1,980 $584K No change
BA The Boeing Co. 0.22% 2,775 $581K Reduce -0.5%
EXR Extra Space Storage Inc. 0.22% 3,912 $577K No change
AMD Advanced Micro Devices 0.21% 4,028 $572K Reduce -6.3%
CMCSA Comcast Corp. Class A 0.21% 15,951 $569K Add +21.2%
TRU Transunion 0.21% 6,400 $563K No change
TD Toronto-Dominion Bank 0.21% 7,622 $560K No change
BLK BlackRock Inc. 0.21% 526 $552K No change
WMT Walmart Inc. 0.20% 5,455 $533K No change
COR Cencora Inc. 0.19% 1,706 $512K Add +23.2%
XLC SS Comm Select Sector SPDR 0.18% 4,440 $482K No change
MRK Merck & Co. Inc. 0.17% 5,761 $456K No change
BHB Bar Harbor Bankshares filed as BAR HBR BANKSHARES 0.17% 15,067 $451K Reduce -18.3%
EMR Emerson Electric Co. 0.17% 3,374 $450K No change
NOW ServiceNow Inc. 0.17% 436 $448K Reduce -36.9%
ABBV Abbvie Inc. 0.16% 2,306 $428K No change
VZ Verizon Communications Inc. 0.14% 8,897 $385K Reduce -1.1%
MUB iShares National Muni Bond E 0.13% 3,294 $344K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.13% 785 $344K Reduce -4.8%
KO The Coca-Cola Co. 0.13% 4,795 $339K No change
ZBH Zimmer Biomet Holdings Inc. 0.12% 3,647 $333K Add +6.3%
BIIB Biogen Inc. 0.12% 2,618 $329K Reduce -1.7%
MET Metlife Inc. 0.12% 4,038 $325K No change
TFC Truist Financial Corp. 0.12% 7,536 $324K Add +49.2%

Show all 135 holdings

Portfolio Sells Q1 2025 → Q2 2025
VNQ Vanguard Real Estate ETF Sold out 0.00% −3.22
IVV iShares Core S&P 500 ETF Reduce -62.5% 0.64% −0.96
UNH Unitedhealth Group Inc. Reduce -1.0% 0.89% −0.67
IJH iShares Core S&P Midcap ETF Reduce -8.6% 7.21% −0.46
CVX Chevron Corp. Reduce -1.8% 1.12% −0.26
VTWO Vanguard Russell 2000 ETF Sold out 0.00% −0.21
PEP Pepsico Inc. Reduce -2.3% 0.88% −0.18
LLY Eli Lilly & Co. Reduce -0.2% 1.69% −0.16
MRSH Marsh & McLennan Cos Reduce -0.2% 0.83% −0.13
NBN Northeast Bank Sold out 0.00% −0.12
SLB SLB Ltd. Reduce -0.3% 0.41% −0.11
AGG iShares Core U.S. Aggregate Reduce -3.5% 1.45% −0.10
EBC Eastern Bankshares Inc. Reduce -52.9% 0.07% −0.09
MTB M & T Bank Corp. Sold out 0.00% −0.09
MAS Masco Corp. Reduce -26.1% 0.11% −0.06
NOW ServiceNow Inc. Reduce -36.9% 0.17% −0.04
HD Home Depot Inc. Reduce -0.1% 1.29% −0.04
BHB Bar Harbor Bankshares Reduce -18.3% 0.17% −0.04
NEE Nextera Energy Inc. Reduce -0.7% 0.66% −0.04
TJX TJX Companies Inc. Reduce -0.6% 1.44% −0.04
DHR Danaher Corp. Reduce -2.3% 0.35% −0.03
BX Blackstone Inc. Reduce -12.9% 0.31% −0.03
V Visa Inc. Class A Reduce -0.3% 1.43% −0.03
BIIB Biogen Inc. Reduce -1.7% 0.12% −0.02
ETN Eaton Corp. PLC Reduce -26.2% 0.26% −0.02
GSK GSK PLC-Spon ADR Reduce -0.7% 0.35% −0.02
VZ Verizon Communications Inc. Reduce -1.1% 0.14% −0.01
ADBE Adobe Inc. Reduce -1.4% 0.32% −0.01
IYR iShares US Real Estate ETF Reduce -5.0% 0.12% −0.01
LIN Linde PLC Reduce -1.9% 0.12% −0.01
COST Costco Wholesale Corp. Reduce -1.2% 2.67% +0.00
TSLA Tesla Inc. Reduce -13.1% 0.09% +0.00
VUG Vanguard Mrngstar GR ETF-Sui Reduce -4.8% 0.13% +0.01
GD General Dynamics Corp. Reduce -2.3% 0.91% +0.01
NKE Nike Inc. Class B Reduce -5.2% 0.53% +0.01
NFLX Netflix Inc. Reduce -14.1% 0.09% +0.02
EFA iShares MSCI Eafe ETF Reduce -0.9% 0.39% +0.02
VOO Vanguard S&P 500 ETF Reduce -2.5% 0.59% +0.02
CDW CDW Corp. Reduce -1.4% 0.53% +0.03
BA The Boeing Co. Reduce -0.5% 0.22% +0.03
VEA Vanguard Ftse Developed ETF Reduce -1.4% 0.51% +0.03
AMD Advanced Micro Devices Reduce -6.3% 0.21% +0.04
FCX Freeport-McMoran Inc. Reduce -0.6% 0.51% +0.05
GOOG Alphabet Inc. Class C Reduce -2.1% 0.96% +0.07
PANW Palo Alto Networks Inc. Reduce -0.3% 1.47% +0.20
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.6% 3.53% +0.21
GOOGL Alphabet Inc. Class A Reduce -0.8% 2.92% +0.25
JPM JPMorgan Chase & Co. Reduce -1.1% 3.20% +0.37
AMZN Amazon.com Inc. Reduce 0.0% 3.71% +0.39
META Meta Platforms Inc. Class A Reduce -2.0% 3.06% +0.54

Portfolio Buys Q1 2025 → Q2 2025
DFAE Dimensional Emerging Core Eq Add +4.9% 3.45% +0.41
VO Vngrd Mrngstr MD-Cap ETF-Usd New 0.34% +0.34
AVGO Broadcom Inc. Add +16.4% 0.62% +0.29
ORCL Oracle Corp. Add +6.7% 0.62% +0.24
VB Vanguard Most SM-Cap ETF-Usd New 0.22% +0.22
BRK.B Berkshire Hathaway Inc. Class B New 0.12% +0.12
BDX Becton Dickinson and Co. New 0.11% +0.11
DIS The Walt Disney Co. Add +1.4% 0.51% +0.10
LRCX Lam Research Corp. New 0.10% +0.10
ROK Rockwell Automation Inc. New 0.09% +0.09
HON Honeywell International Inc. Add +1.7% 1.11% +0.08
BNS Bank of Nova Scotia New 0.08% +0.08
LHX L3HARRIS Technologies Inc. New 0.08% +0.08
CARR Carrier Global Corp. Add +3.8% 0.45% +0.06
SCHW Schwab (charles) Corp. Add +3.5% 0.41% +0.06
COR Cencora Inc. Add +23.2% 0.19% +0.04
RTX RTX Corp. Add +2.0% 0.51% +0.04
CSCO Cisco Systems Inc. Add +8.6% 0.27% +0.04
TFC Truist Financial Corp. Add +49.2% 0.12% +0.04
BBAI Bigbear.ai Holdings Inc. New 0.03% +0.03
CMCSA Comcast Corp. Class A Add +21.2% 0.21% +0.03
JNJ Johnson & Johnson Add +19.4% 0.36% +0.02
ACN Accenture PLC Class A Add +8.4% 0.92% +0.01
AMT American Tower Corp. Add +1.6% 0.89% −0.00
ABT Abbott Laboratories Add +0.6% 1.47% −0.00
FDX FedEx Corp. Add +6.6% 0.12% −0.00
MA Mastercard Inc. Class A Add +0.1% 1.46% −0.01
XOM Exxon Mobil Corp. Add +7.1% 0.23% −0.01
CRM Salesforce Inc. Add +0.1% 1.11% −0.02
MDLZ Mondelez International Inc. Class A Add +0.7% 0.60% −0.02
ZBH Zimmer Biomet Holdings Inc. Add +6.3% 0.12% −0.03
DD Dupont DE Nemours Inc. Add +1.8% 0.26% −0.03
UNP Union Pacific Corp. Add +2.8% 0.98% −0.03
PG The Procter & Gamble Co. Add +2.9% 0.68% −0.05
TMO Thermo Fisher Scientific Inc. Add +2.9% 0.67% −0.16
AAPL Apple Inc. Add +0.0% 5.35% −0.63

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2025 135$267.4MIJH, MSFT, NVDA, AAPL, AMZN
Q1 2025 130$258.9MIJH, AAPL, MSFT, NVDA, SPY
Q4 2024 130$303.8MAGG, IJH, AAPL, MSFT, VNQ
Q3 2024 129$310.4MAGG, IJH, GUNR, AAPL, MSFT
Q2 2024 121$292.8MAGG, IJH, GUNR, MSFT, AAPL
Q1 2024 124$291.3MIJH, AGG, GUNR, MSFT, VNQ