Enterprise Bank & Trust Co

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 9, 2025), Enterprise Bank & Trust Co reported 130 stock positions worth $258.9 million. Its top holding was iShares Core S&P Midcap ETF (IJH) at 7.7% of the portfolio, followed by Apple (AAPL, 6.0%) and Microsoft (MSFT, 5.5%). Compared with Q4 2024, it opened 6 new positions, sold out of 6, added to 40 and reduced 44. The biggest buy was Dimensional Emerging Core Eq (DFAE, shares +51%) and the biggest sale iShares Core U.S. Aggregate (AGG, shares −85%).

Most Recent 13F
Q2 2025
Location
LOWELL, MA
CIK
0001770710
Portfolio Value
$258.9M (Q1 2025)
SEC Filing
0001770710-25-000002 ↗ filed Apr 9, 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 $258.9M Q1 2025 Q2 2025: $267.4M Q2 2025

Holdings 130 stocks · $258.9M
IJH iShares Core S&P Midcap ETF 7.67% 340,382 $19.9M Reduce -7.8%
AAPL Apple Inc. 5.98% 69,709 $15.5M Add +0.7%
MSFT Microsoft Corp. 5.53% 38,169 $14.3M Add +1.9%
NVDA Nvidia Corp. 4.43% 105,718 $11.5M Reduce -1.1%
SPY SS SPDR S&P 500 ETF Trust-US 3.32% 15,386 $8.6M Reduce -0.0%
AMZN Amazon.com Inc. 3.32% 45,205 $8.6M Add +1.1%
VNQ Vanguard Real Estate ETF 3.22% 92,028 $8.3M Reduce -43.1%
DFAE Dimensional Emerging Core Eq 3.03% 303,408 $7.9M Add +51.2%
JPM JPMorgan Chase & Co. 2.83% 29,855 $7.3M Add +1.0%
GOOGL Alphabet Inc. Class A 2.67% 44,623 $6.9M Add +1.6%
COST Costco Wholesale Corp. 2.66% 7,293 $6.9M Reduce -0.3%
META Meta Platforms Inc. Class A 2.52% 11,299 $6.5M Reduce -2.0%
LLY Eli Lilly & Co. 1.85% 5,809 $4.8M Reduce -9.6%
IVV iShares Core S&P 500 ETF 1.60% 7,374 $4.1M Reduce -0.6%
UNH Unitedhealth Group Inc. 1.57% 7,743 $4.1M Reduce -3.3%
AGG iShares Core U.S. Aggregate 1.55% 40,457 $4.0M Reduce -85.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.48% 31,376 $3.8M Reduce -0.6%
ABT Abbott Laboratories 1.47% 28,651 $3.8M Add +1.9%
MA Mastercard Inc. Class A 1.47% 6,929 $3.8M Add +0.6%
V Visa Inc. Class A 1.47% 10,832 $3.8M Reduce -1.5%
CVX Chevron Corp. 1.37% 21,260 $3.6M Reduce -2.2%
HD Home Depot Inc. 1.34% 9,447 $3.5M Reduce -0.5%
PANW Palo Alto Networks Inc. 1.27% 19,302 $3.3M Reduce -0.2%
ICE Intercontinental Exchange Inc. 1.14% 17,109 $3.0M Add +1.3%
CRM Salesforce Inc. 1.13% 10,901 $2.9M Add +0.2%
CMG Chipotle Mexican Grill Inc. 1.13% 58,103 $2.9M Add +1.5%
PEP Pepsico Inc. 1.06% 18,244 $2.7M Reduce -1.5%
HON Honeywell International Inc. 1.03% 12,561 $2.7M Reduce -5.2%
UNP Union Pacific Corp. 1.02% 11,141 $2.6M Reduce -0.9%
MRSH Marsh & McLennan Cos 0.96% 10,219 $2.5M Add +5.1%
SPGI S&P Global Inc. 0.93% 4,725 $2.4M Reduce -0.6%
ACN Accenture PLC Class A 0.91% 7,580 $2.4M Add +0.9%
GD General Dynamics Corp. 0.90% 8,572 $2.3M Add +1.6%
MCD McDonald's Corp. 0.90% 7,464 $2.3M Reduce -0.2%
GOOG Alphabet Inc. Class C 0.89% 14,823 $2.3M Reduce -3.0%
AMT American Tower Corp. 0.89% 10,576 $2.3M Add +1.5%
TMO Thermo Fisher Scientific Inc. 0.83% 4,297 $2.1M Reduce -7.9%
PG The Procter & Gamble Co. 0.73% 11,040 $1.9M Add +0.7%
ADI Analog Devices Inc. 0.71% 9,155 $1.8M Add +1.0%
NEE Nextera Energy Inc. 0.70% 25,602 $1.8M Add +8.9%
MSI Motorola Solutions Inc. 0.63% 3,736 $1.6M No change
MDLZ Mondelez International Inc. Class A 0.62% 23,794 $1.6M Add +2.1%
VOO Vanguard S&P 500 ETF 0.57% 2,860 $1.5M Add +3.5%
VWO Vanguard Ftse Emerging Marke 0.52% 29,890 $1.4M Reduce -10.5%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.52% 32,298 $1.4M Add +0.9%
NKE Nike Inc. Class B 0.52% 21,146 $1.3M Reduce -6.8%
CDW CDW Corp. 0.50% 8,055 $1.3M Add +0.4%
VEA Vanguard Ftse Developed ETF 0.48% 24,264 $1.2M Reduce -2.7%
RTX RTX Corp. 0.47% 9,229 $1.2M Add +157.9%
FCX Freeport-McMoran Inc. 0.46% 31,397 $1.2M Reduce -1.5%
FDUS Fidus Investment Corp. 0.44% 55,912 $1.1M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.41% 10,874 $1.1M Add +1.8%
CARR Carrier Global Corp. 0.39% 16,013 $1.0M New
ORCL Oracle Corp. 0.38% 7,079 $990K Add +7.6%
DHR Danaher Corp. 0.38% 4,816 $987K Reduce -46.6%
TPL Texas Pacific Land Corp. 0.38% 735 $974K No change
GSK GSK PLC-Spon ADR 0.37% 24,616 $954K Reduce -8.5%
EFA iShares MSCI Eafe ETF 0.37% 11,650 $952K Reduce -6.0%
SHY iShares 1-3 Year Treasury Bo 0.36% 11,172 $924K No change
SCHW Schwab (charles) Corp. 0.35% 11,596 $908K Add +3.4%
BX Blackstone Inc. 0.34% 6,340 $886K Add +16.1%
JNJ Johnson & Johnson 0.34% 5,283 $876K Add +3.6%
AVGO Broadcom Inc. 0.33% 5,165 $865K Add +46.8%
ADBE Adobe Inc. 0.33% 2,213 $849K Add +0.3%
BRK.A Berkshire Hathaway Inc. Class A 0.31% 1 $798K No change
DD Dupont DE Nemours Inc. 0.29% 10,042 $750K Reduce -1.2%
IWF iShares Russell 1000 Growth 0.29% 2,047 $739K Reduce -4.5%
ETN Eaton Corp. PLC 0.28% 2,684 $730K Add +22.0%
QUS SS SPDR MSCI U Stratfact ETF 0.26% 4,360 $683K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.26% 15,903 $664K Reduce -1.3%
XOM Exxon Mobil Corp. 0.25% 5,354 $637K Add +0.7%
CSCO Cisco Systems Inc. 0.23% 9,620 $594K Add +41.7%
EXR Extra Space Storage Inc. 0.22% 3,912 $581K No change
TXN Texas Instruments Inc. 0.22% 3,169 $569K No change
VTWO Vanguard Russell 2000 ETF 0.21% 6,877 $555K No change
NOW ServiceNow Inc. 0.21% 691 $550K Add +99.1%
BHB Bar Harbor Bankshares filed as BAR HBR BANKSHARES 0.21% 18,447 $544K No change
RY Royal Bank of Canada 0.21% 4,800 $541K No change
TRU Transunion 0.21% 6,400 $531K No change
MRK Merck & Co. Inc. 0.20% 5,761 $517K No change
BLK BlackRock Inc. 0.19% 526 $498K Add +37.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.19% 1,980 $492K No change
CMCSA Comcast Corp. Class A 0.19% 13,161 $486K Add +3.0%
ABBV Abbvie Inc. 0.19% 2,306 $483K No change
WMT Walmart Inc. 0.18% 5,455 $479K Reduce -0.0%
BA The Boeing Co. 0.18% 2,789 $476K Reduce -0.5%
TD Toronto-Dominion Bank 0.18% 7,622 $457K No change
AMD Advanced Micro Devices 0.17% 4,298 $442K Add +109.3%
MAS Masco Corp. 0.17% 6,215 $432K Reduce -66.9%
XLC SS Comm Select Sector SPDR 0.17% 4,440 $428K No change
VZ Verizon Communications Inc. 0.16% 8,997 $408K Reduce -0.6%
EBC Eastern Bankshares Inc. 0.15% 24,234 $397K No change
ZBH Zimmer Biomet Holdings Inc. 0.15% 3,432 $388K New
COR Cencora Inc. 0.15% 1,385 $385K Add +30.3%
CLS Celestica Inc. 0.14% 4,724 $373K No change
EMR Emerson Electric Co. 0.14% 3,374 $370K No change
BIIB Biogen Inc. 0.14% 2,663 $364K Reduce -7.0%
MUB iShares National Muni Bond E 0.13% 3,294 $347K Reduce -10.7%
KO The Coca-Cola Co. 0.13% 4,795 $343K Add +11.3%
IYR iShares US Real Estate ETF 0.13% 3,525 $338K No change
MET Metlife Inc. 0.13% 4,038 $324K No change
LIN Linde PLC 0.12% 675 $314K No change
FDX FedEx Corp. 0.12% 1,278 $312K New
PFE Pfizer Inc. 0.12% 12,119 $307K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.12% 825 $306K No change
NBN Northeast Bank 0.12% 3,296 $302K No change
BMY Bristol-Myers Squibb Co. 0.11% 4,806 $293K Add +11.2%
COP Conocophillips 0.11% 2,782 $292K No change
BR Broadridge Financial Solutio 0.11% 1,201 $291K No change
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.11% 2,920 $279K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.11% 1,593 $275K Reduce -7.9%
VTI VG Morningstar TS MKT ETF-US 0.11% 997 $274K No change
IWB iShares Russell 1000 ETF 0.10% 871 $267K No change
IWR iShares Russell Mid-Cap ETF 0.10% 3,122 $266K Reduce -2.1%
SYK Stryker Corp. 0.10% 702 $261K No change
VRSK Verisk Analytics Inc. 0.09% 824 $245K No change
GBTC Grayscale Bitcoin Trust ETF 0.09% 3,700 $241K No change
APD Air Products & Chemicals Inc. 0.09% 817 $241K No change
VLO Valero Energy Corp. 0.09% 1,810 $239K No change
TSLA Tesla Inc. 0.09% 906 $235K Reduce -27.2%
MBB iShares MBS ETF 0.09% 2,485 $233K No change
EOG EOG Resources Inc. 0.09% 1,796 $230K New
MTB M & T Bank Corp. filed as M & T BK CORP 0.09% 1,234 $221K No change
IWD iShares Russell 1000 Value E 0.08% 1,164 $219K No change
BND Vanguard Total Bond Market 0.08% 2,895 $213K Reduce -56.1%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.08% 2,481 $208K New
TFC Truist Financial Corp. 0.08% 5,051 $208K New
NFLX Netflix Inc. 0.08% 220 $205K Reduce -11.3%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.08% 2,550 $201K Reduce -30.6%
PVBC Provident Bancorp Inc. 0.07% 16,739 $192K No change

Portfolio Sells Q4 2024 → Q1 2025
AGG iShares Core U.S. Aggregate Reduce -85.2% 1.55% −7.18
GUNR NT Mstar GLBL NR ETF Sold out 0.00% −1.83
VNQ Vanguard Real Estate ETF Reduce -43.1% 3.22% −1.52
GWW WW Grainger Inc. Sold out 0.00% −0.31
DHR Danaher Corp. Reduce -46.6% 0.38% −0.30
NVDA Nvidia Corp. Reduce -1.1% 4.43% −0.30
MAS Masco Corp. Reduce -66.9% 0.17% −0.28
TSLA Tesla Inc. Reduce -27.2% 0.09% −0.07
MCHP Microchip Technology Inc. Sold out 0.00% −0.07
BND Vanguard Total Bond Market Reduce -56.1% 0.08% −0.07
BNS Bank of Nova Scotia Sold out 0.00% −0.07
ROK Rockwell Automation Inc. Sold out 0.00% −0.07
VB Vanguard Most SM-Cap ETF-Usd Sold out 0.00% −0.07
GOOG Alphabet Inc. Class C Reduce -3.0% 0.89% −0.06
NKE Nike Inc. Class B Reduce -6.8% 0.52% −0.05
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Reduce -30.6% 0.08% −0.02
BIIB Biogen Inc. Reduce -7.0% 0.14% −0.00
IWF iShares Russell 1000 Growth Reduce -4.5% 0.29% +0.00
MUB iShares National Muni Bond E Reduce -10.7% 0.13% +0.00
NFLX Netflix Inc. Reduce -11.3% 0.08% +0.01
IWR iShares Russell Mid-Cap ETF Reduce -2.1% 0.10% +0.01
VTV Vanguard Mrngstr Val ETF-Aui Reduce -7.9% 0.11% +0.01
BA The Boeing Co. Reduce -0.5% 0.18% +0.02
WMT Walmart Inc. Reduce -0.0% 0.18% +0.02
BAC Bank of America Corp. Reduce -1.3% 0.26% +0.02
TMO Thermo Fisher Scientific Inc. Reduce -7.9% 0.83% +0.03
DD Dupont DE Nemours Inc. Reduce -1.2% 0.29% +0.03
VZ Verizon Communications Inc. Reduce -0.6% 0.16% +0.04
VWO Vanguard Ftse Emerging Marke Reduce -10.5% 0.52% +0.04
HON Honeywell International Inc. Reduce -5.2% 1.03% +0.04
EFA iShares MSCI Eafe ETF Reduce -6.0% 0.37% +0.06
FCX Freeport-McMoran Inc. Reduce -1.5% 0.46% +0.06
GSK GSK PLC-Spon ADR Reduce -8.5% 0.37% +0.07
VEA Vanguard Ftse Developed ETF Reduce -2.7% 0.48% +0.08
IJH iShares Core S&P Midcap ETF Reduce -7.8% 7.67% +0.10
PANW Palo Alto Networks Inc. Reduce -0.2% 1.27% +0.11
HD Home Depot Inc. Reduce -0.5% 1.34% +0.12
PEP Pepsico Inc. Reduce -1.5% 1.06% +0.13
SPGI S&P Global Inc. Reduce -0.6% 0.93% +0.15
IVV iShares Core S&P 500 ETF Reduce -0.6% 1.60% +0.16
UNP Union Pacific Corp. Reduce -0.9% 1.02% +0.17
MCD McDonald's Corp. Reduce -0.2% 0.90% +0.19
LLY Eli Lilly & Co. Reduce -9.6% 1.85% +0.22
TJX TJX Companies Inc. Reduce -0.6% 1.48% +0.22
UNH Unitedhealth Group Inc. Reduce -3.3% 1.57% +0.23
META Meta Platforms Inc. Class A Reduce -2.0% 2.52% +0.29
V Visa Inc. Class A Reduce -1.5% 1.47% +0.32
CVX Chevron Corp. Reduce -2.2% 1.37% +0.34
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.0% 3.32% +0.36
COST Costco Wholesale Corp. Reduce -0.3% 2.66% +0.46

Portfolio Buys Q4 2024 → Q1 2025
DFAE Dimensional Emerging Core Eq Add +51.2% 3.03% +1.36
JPM JPMorgan Chase & Co. Add +1.0% 2.83% +0.50
ABT Abbott Laboratories Add +1.9% 1.47% +0.42
CARR Carrier Global Corp. New 0.39% +0.39
MSFT Microsoft Corp. Add +1.9% 5.53% +0.34
RTX RTX Corp. Add +157.9% 0.47% +0.34
ICE Intercontinental Exchange Inc. Add +1.3% 1.14% +0.31
MRSH Marsh & McLennan Cos Add +5.1% 0.96% +0.28
AAPL Apple Inc. Add +0.7% 5.98% +0.28
MA Mastercard Inc. Class A Add +0.6% 1.47% +0.27
AMT American Tower Corp. Add +1.5% 0.89% +0.26
GD General Dynamics Corp. Add +1.6% 0.90% +0.17
MDLZ Mondelez International Inc. Class A Add +2.1% 0.62% +0.17
ZBH Zimmer Biomet Holdings Inc. New 0.15% +0.15
NEE Nextera Energy Inc. Add +8.9% 0.70% +0.15
PG The Procter & Gamble Co. Add +0.7% 0.73% +0.12
FDX FedEx Corp. New 0.12% +0.12
SLB SLB Ltd. Add +0.9% 0.52% +0.12
CSCO Cisco Systems Inc. Add +41.7% 0.23% +0.10
JNJ Johnson & Johnson Add +3.6% 0.34% +0.10
AMZN Amazon.com Inc. Add +1.1% 3.32% +0.10
NOW ServiceNow Inc. Add +99.1% 0.21% +0.09
EOG EOG Resources Inc. New 0.09% +0.09
AMD Advanced Micro Devices Add +109.3% 0.17% +0.09
BNY Bank of New York Mellon Corp. New 0.08% +0.08
TFC Truist Financial Corp. New 0.08% +0.08
ADI Analog Devices Inc. Add +1.0% 0.71% +0.08
VOO Vanguard S&P 500 ETF Add +3.5% 0.57% +0.08
SCHW Schwab (charles) Corp. Add +3.4% 0.35% +0.08
COR Cencora Inc. Add +30.3% 0.15% +0.07
AVGO Broadcom Inc. Add +46.8% 0.33% +0.07
BLK BlackRock Inc. Add +37.0% 0.19% +0.06
XOM Exxon Mobil Corp. Add +0.7% 0.25% +0.06
KO The Coca-Cola Co. Add +11.3% 0.13% +0.04
ACN Accenture PLC Class A Add +0.9% 0.91% +0.04
ETN Eaton Corp. PLC Add +22.0% 0.28% +0.04
CDW CDW Corp. Add +0.4% 0.50% +0.04
BMY Bristol-Myers Squibb Co. Add +11.2% 0.11% +0.03
BX Blackstone Inc. Add +16.1% 0.34% +0.03
CMCSA Comcast Corp. Class A Add +3.0% 0.19% +0.03
DIS The Walt Disney Co. Add +1.8% 0.41% +0.02
ORCL Oracle Corp. Add +7.6% 0.38% +0.02
ADBE Adobe Inc. Add +0.3% 0.33% +0.01
CMG Chipotle Mexican Grill Inc. Add +1.5% 1.13% −0.01
CRM Salesforce Inc. Add +0.2% 1.13% −0.07
GOOGL Alphabet Inc. Class A Add +1.6% 2.67% −0.07

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