Fairfield, Bush & Co.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 15, 2025), Fairfield, Bush & Co. reported 110 stock positions worth $176.9 million. Its top holding was Microsoft (MSFT) at 7.5% of the portfolio, followed by Oracle (ORCL, 5.5%) and Amazon.com (AMZN, 5.4%). Compared with Q1 2025, it opened 7 new positions, sold out of 6, added to 27 and reduced 60. The biggest buy was Netflix (NFLX, shares +22%) and the biggest sale an exit from iShares Russell 2000 ETF (IWM).

Most Recent 13F
Q2 2026
Location
DARIEN, CT
CIK
0001116247
Portfolio Value
$176.9M (Q2 2025)
SEC Filing
0001116247-25-000003 ↗ filed Aug 15, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $168.7M Q1 2024 Q2 2024: $166.9M Q2 2024 Q3 2024: $168.1M Q3 2024 Q4 2024: $170.1M Q4 2024 Q1 2025: $157.6M Q1 2025 Q2 2025: $176.9M $176.9M Q2 2025 Q3 2025: $194.8M Q3 2025 Q4 2025: $189.5M Q4 2025 Q1 2026: $180.1M Q1 2026 Q2 2026: $203.4M Q2 2026

Holdings 110 stocks · $176.9M
MSFT Microsoft Corp. 7.47% 26,567 $13.2M Reduce -4.1%
ORCL Oracle Corp. 5.48% 44,319 $9.7M Reduce -6.0%
AMZN Amazon.com Inc. 5.36% 43,209 $9.5M Reduce -0.3%
TSM Taiwan Semiconductor-SP ADR 4.48% 34,990 $7.9M Reduce -5.2%
AVGO Broadcom Inc. 4.24% 27,225 $7.5M Reduce -1.7%
ADM Archer-Daniels-Midland Co. 4.19% 140,322 $7.4M Reduce -0.6%
GOOG Alphabet Inc. Class C 3.43% 34,203 $6.1M Reduce -0.5%
JPM JPMorgan Chase & Co. 3.16% 19,296 $5.6M Reduce -1.8%
AAPL Apple Inc. 2.36% 20,316 $4.2M Reduce -0.9%
QCOM Qualcomm Inc. 2.26% 25,136 $4.0M Reduce -0.9%
LOW Lowe's Cos Inc. 2.05% 16,375 $3.6M Reduce -2.8%
WMT Walmart Inc. 2.01% 36,281 $3.5M Add +1.6%
CRWD CrowdStrike Holdings Inc. Class A 1.84% 6,376 $3.2M Add +0.4%
NFLX Netflix Inc. 1.81% 2,393 $3.2M Add +21.9%
NVS Novartis AG-Sponsored ADR 1.66% 24,224 $2.9M Reduce -3.3%
CVX Chevron Corp. 1.57% 19,348 $2.8M Reduce -3.1%
SHOP Shopify Inc. Class A 1.53% 23,434 $2.7M Add +1.5%
INTU Intuit Inc. 1.51% 3,398 $2.7M Reduce -6.0%
LH Labcorp Holdings Inc. 1.46% 9,854 $2.6M Reduce -4.7%
RY Royal Bank of Canada 1.46% 19,584 $2.6M Reduce -8.5%
PM Philip Morris International 1.38% 13,443 $2.4M Reduce -4.3%
CHD Church & Dwight Co. Inc. 1.35% 24,790 $2.4M Reduce -0.6%
NVDA Nvidia Corp. 1.32% 14,758 $2.3M Reduce -2.1%
ANET Arista Networks Inc. 1.25% 21,597 $2.2M Add +13.7%
LLY Eli Lilly & Co. 1.24% 2,825 $2.2M Add +2.7%
GE General Electric filed as GE AEROSPACE 1.21% 8,339 $2.1M Reduce -0.9%
CCJ Cameco Corp. 1.12% 26,625 $2.0M Reduce -11.2%
XOM Exxon Mobil Corp. 1.06% 17,415 $1.9M Add +0.8%
HON Honeywell International Inc. 1.05% 7,996 $1.9M Reduce -5.0%
ASML ASML Holding NV-NY Reg SHS 0.97% 2,148 $1.7M Reduce -38.8%
PEP Pepsico Inc. 0.91% 12,141 $1.6M Reduce -0.0%
JNJ Johnson & Johnson 0.90% 10,442 $1.6M Reduce -1.4%
MRK Merck & Co. Inc. 0.85% 19,088 $1.5M Add +11.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.84% 5,058 $1.5M Reduce -13.7%
UNP Union Pacific Corp. 0.82% 6,330 $1.5M Add +3.4%
NOW ServiceNow Inc. 0.78% 1,338 $1.4M Add +3.1%
AMD Advanced Micro Devices 0.77% 9,573 $1.4M Reduce -17.2%
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.75% 13,511 $1.3M Reduce -2.4%
ADBE Adobe Inc. 0.74% 3,393 $1.3M Add +14.3%
GEV GE Vernova Inc. 0.73% 2,433 $1.3M Add +0.4%
NVO Novo-Nordisk A/S-Spons ADR 0.67% 17,209 $1.2M Add +1.1%
GLD SPDR Gold Shares 0.66% 3,836 $1.2M Reduce -9.3%
REGN Regeneron Pharmaceuticals 0.65% 2,187 $1.1M Add +1.4%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.64% 15,388 $1.1M Reduce -7.7%
ABBV Abbvie Inc. 0.63% 6,015 $1.1M Reduce -0.3%
PANW Palo Alto Networks Inc. 0.62% 5,334 $1.1M Reduce -3.9%
AMGN Amgen Inc. 0.61% 3,896 $1.1M Add +6.3%
DHR Danaher Corp. 0.56% 5,006 $989K Add +3.5%
UBER Uber Technologies Inc. 0.52% 9,835 $918K Add +3.6%
VTI VG Morningstar TS MKT ETF-US 0.51% 2,993 $910K Add +16.6%
PSX Phillips 66 0.51% 7,564 $902K Reduce -6.2%
PLTR Palantir Technologies Inc. Class A 0.50% 6,489 $885K Reduce -16.8%
LMT Lockheed Martin Corp. 0.50% 1,908 $883K Add +8.7%
FITB Fifth Third Bancorp 0.47% 20,384 $838K Reduce -0.9%
V Visa Inc. Class A 0.47% 2,351 $835K Reduce -4.7%
GNRC Generac Holdings Inc. 0.46% 5,733 $821K Reduce -20.2%
NTR Nutrien Ltd. 0.46% 13,906 $810K Reduce -8.8%
PFE Pfizer Inc. 0.44% 32,255 $782K Reduce -4.7%
CMG Chipotle Mexican Grill Inc. 0.44% 13,920 $782K Reduce -15.2%
TMO Thermo Fisher Scientific Inc. 0.41% 1,804 $731K Add +9.1%
BHP BHP Group Ltd.-Spon ADR 0.41% 15,079 $725K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.39% 5,510 $683K Reduce -1.8%
LHX L3HARRIS Technologies Inc. 0.35% 2,462 $618K Add +14.9%
GOOGL Alphabet Inc. Class A 0.34% 3,461 $610K Reduce -15.1%
IWR iShares Russell Mid-Cap ETF 0.30% 5,764 $530K Reduce -0.1%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.30% 5,752 $524K No change
ALL Allstate Corp. 0.30% 2,596 $523K No change
AXP American Express Co. 0.28% 1,580 $504K No change
RSP Invesco S&P 500 Equal Weight 0.28% 2,734 $497K No change
ILMN Illumina Inc. 0.28% 5,139 $490K Reduce -30.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.26% 1,067 $468K Add +9.7%
CAT Caterpillar Inc. 0.26% 1,200 $466K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.26% 1,613 $451K Reduce -2.2%
DUK Duke Energy Corp. 0.25% 3,734 $441K Reduce -2.6%
CSX CSX Corp. 0.25% 13,440 $439K No change
BRK.B Berkshire Hathaway Inc. Class B 0.23% 842 $409K Reduce -4.5%
DE Deere & Co. 0.21% 740 $376K Reduce -9.2%
VFH Vanguard Financials ETF 0.20% 2,823 $359K Reduce -3.2%
COST Costco Wholesale Corp. 0.19% 344 $341K Add +22.0%
RTX RTX Corp. 0.19% 2,329 $340K Add +14.8%
CSCO Cisco Systems Inc. 0.19% 4,750 $330K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.19% 6,920 $327K Add +0.5%
USB US Bancorp 0.18% 7,116 $322K Reduce -7.8%
MCD McDonald's Corp. 0.18% 1,094 $320K Reduce -0.1%
PG The Procter & Gamble Co. 0.18% 1,982 $316K No change
SCHD Schwab US DVD Equity ETF 0.18% 11,886 $315K New
SHY iShares 1-3 Year Treasury Bo 0.18% 3,800 $315K No change
VRTX Vertex Pharmaceuticals Inc. 0.17% 691 $308K No change
KMI Kinder Morgan Inc. 0.17% 10,261 $302K Add +17.3%
BX Blackstone Inc. 0.17% 2,015 $301K Reduce -6.2%
VOO Vanguard S&P 500 ETF 0.16% 500 $284K New
IVV iShares Core S&P 500 ETF 0.16% 450 $279K Reduce -8.7%
MO Altria Group Inc. 0.16% 4,714 $276K Reduce -4.9%
GILD Gilead Sciences Inc. 0.15% 2,426 $269K Reduce -2.0%
QQQ Invesco QQQ Trust Series 1 0.15% 483 $267K Add +11.6%
SBR Sabine Royalty Trust 0.15% 3,951 $263K Reduce -2.5%
EMR Emerson Electric Co. 0.14% 1,907 $254K No change
HOOD Robinhood Markets Inc. Class A 0.14% 2,696 $252K New
AMT American Tower Corp. 0.14% 1,139 $252K No change
CB Chubb Ltd. 0.14% 845 $245K Reduce -1.7%

Show all 110 holdings

Portfolio Sells Q1 2025 → Q2 2025
IWM iShares Russell 2000 ETF Sold out 0.00% −0.63
CVX Chevron Corp. Reduce -3.1% 1.57% −0.55
AAPL Apple Inc. Reduce -0.9% 2.36% −0.53
ASML ASML Holding NV-NY Reg SHS Reduce -38.8% 0.97% −0.50
LOW Lowe's Cos Inc. Reduce -2.8% 2.05% −0.44
CHD Church & Dwight Co. Inc. Reduce -0.6% 1.35% −0.40
FISV Fiserv Inc. Sold out 0.00% −0.33
SNPS Synopsys Inc. Sold out 0.00% −0.32
SJM The JM Smucker Co. Reduce -2.4% 0.75% −0.29
PEP Pepsico Inc. Reduce -0.0% 0.91% −0.25
JNJ Johnson & Johnson Reduce -1.4% 0.90% −0.21
QCOM Qualcomm Inc. Reduce -0.9% 2.26% −0.21
ABBV Abbvie Inc. Reduce -0.3% 0.63% −0.17
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.15
PSX Phillips 66 Reduce -6.2% 0.51% −0.12
NVS Novartis AG-Sponsored ADR Reduce -3.3% 1.66% −0.11
WRB WR Berkley Corp. Reduce -7.7% 0.64% −0.11
GNRC Generac Holdings Inc. Reduce -20.2% 0.46% −0.11
GLD SPDR Gold Shares Reduce -9.3% 0.66% −0.11
ADM Archer-Daniels-Midland Co. Reduce -0.6% 4.19% −0.11
PFE Pfizer Inc. Reduce -4.7% 0.44% −0.10
AES AES Corp. Sold out 0.00% −0.10
ILMN Illumina Inc. Reduce -30.2% 0.28% −0.09
NEOG Neogen Corp. Reduce -19.0% 0.06% −0.09
IBM Intl Business Machines Corp. Reduce -13.7% 0.84% −0.08
CMG Chipotle Mexican Grill Inc. Reduce -15.2% 0.44% −0.08
HON Honeywell International Inc. Reduce -5.0% 1.05% −0.08
V Visa Inc. Class A Reduce -4.7% 0.47% −0.08
RY Royal Bank of Canada Reduce -8.5% 1.46% −0.07
BRK.B Berkshire Hathaway Inc. Class B Reduce -4.5% 0.23% −0.07
LH Labcorp Holdings Inc. Reduce -4.7% 1.46% −0.06
GOOGL Alphabet Inc. Class A Reduce -15.1% 0.34% −0.06
DUK Duke Energy Corp. Reduce -2.6% 0.25% −0.05
FITB Fifth Third Bancorp Reduce -0.9% 0.47% −0.04
MCD McDonald's Corp. Reduce -0.1% 0.18% −0.04
MO Altria Group Inc. Reduce -4.9% 0.16% −0.03
DE Deere & Co. Reduce -9.2% 0.21% −0.03
PM Philip Morris International Reduce -4.3% 1.38% −0.03
WOLF Wolfspeed Inc. Sold out 0.00% −0.03
CB Chubb Ltd. Reduce -1.7% 0.14% −0.03
SBR Sabine Royalty Trust Reduce -2.5% 0.15% −0.03
USB US Bancorp Reduce -7.8% 0.18% −0.02
GILD Gilead Sciences Inc. Reduce -2.0% 0.15% −0.02
NTR Nutrien Ltd. Reduce -8.8% 0.46% −0.02
TRV The Travelers Cos Inc. Reduce -4.6% 0.13% −0.02
BX Blackstone Inc. Reduce -6.2% 0.17% −0.02
VFH Vanguard Financials ETF Reduce -3.2% 0.20% −0.02
IVV iShares Core S&P 500 ETF Reduce -8.7% 0.16% −0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -2.2% 0.26% −0.02
IWR iShares Russell Mid-Cap ETF Reduce -0.1% 0.30% −0.01

Portfolio Buys Q1 2025 → Q2 2025
NFLX Netflix Inc. Add +21.9% 1.81% +0.65
CRWD CrowdStrike Holdings Inc. Class A Add +0.4% 1.84% +0.42
ANET Arista Networks Inc. Add +13.7% 1.25% +0.32
GEV GE Vernova Inc. Add +0.4% 0.73% +0.26
SCHD Schwab US DVD Equity ETF New 0.18% +0.18
VOO Vanguard S&P 500 ETF New 0.16% +0.16
HOOD Robinhood Markets Inc. Class A New 0.14% +0.14
KBE SS SPDR S&P Bank ETF New 0.14% +0.14
SHOP Shopify Inc. Class A Add +1.5% 1.53% +0.13
SNOW Snowflake Inc. New 0.13% +0.13
GS Goldman Sachs Group Inc. New 0.12% +0.12
NOW ServiceNow Inc. Add +3.1% 0.78% +0.12
XYZ Block Inc. New 0.11% +0.11
UBER Uber Technologies Inc. Add +3.6% 0.52% +0.08
VTI VG Morningstar TS MKT ETF-US Add +16.6% 0.51% +0.07
LHX L3HARRIS Technologies Inc. Add +14.9% 0.35% +0.06
VUG Vanguard Mrngstar GR ETF-Sui Add +9.7% 0.26% +0.04
COST Costco Wholesale Corp. Add +22.0% 0.19% +0.02
QQQ Invesco QQQ Trust Series 1 Add +11.6% 0.15% +0.02
RTX RTX Corp. Add +14.8% 0.19% +0.02
ADBE Adobe Inc. Add +14.3% 0.74% +0.02
WMT Walmart Inc. Add +1.6% 2.01% +0.02
KMI Kinder Morgan Inc. Add +17.3% 0.17% +0.01
BAC Bank of America Corp. Add +0.5% 0.19% +0.00
LMT Lockheed Martin Corp. Add +8.7% 0.50% +0.00
DHR Danaher Corp. Add +3.5% 0.56% −0.07
NVO Novo-Nordisk A/S-Spons ADR Add +1.1% 0.67% −0.08
UNP Union Pacific Corp. Add +3.4% 0.82% −0.09
TMO Thermo Fisher Scientific Inc. Add +9.1% 0.41% −0.11
AMGN Amgen Inc. Add +6.3% 0.61% −0.11
MRK Merck & Co. Inc. Add +11.6% 0.85% −0.12
LLY Eli Lilly & Co. Add +2.7% 1.24% −0.20
REGN Regeneron Pharmaceuticals Add +1.4% 0.65% −0.22
XOM Exxon Mobil Corp. Add +0.8% 1.06% −0.24

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 126$203.4MTSM, GOOG, ADM, AMZN, MSFT
Q1 2026 119$180.1MADM, MSFT, GOOG, AMZN, TSM
Q4 2025 115$189.5MMSFT, GOOG, AMZN, TSM, AVGO
Q3 2025 120$194.8MMSFT, ORCL, AMZN, TSM, AVGO
Q2 2025 110$176.9MMSFT, ORCL, AMZN, TSM, AVGO
Q1 2025 109$157.6MMSFT, AMZN, ADM, ORCL, TSM
Q4 2024 110$170.1MMSFT, AMZN, ORCL, TSM, ADM
Q3 2024 111$168.1MMSFT, ADM, AMZN, ORCL, TSM
Q2 2024 111$166.9MMSFT, AMZN, ADM, TSM, ORCL
Q1 2024 116$168.7MMSFT, ADM, AMZN, TSM, ORCL