First United Bank & Trust
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 15, 2025), First United Bank & Trust reported 402 stock positions worth $267.7 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 5.9% of the portfolio, followed by Vanguard Mrngstr Val ETF-Aui (VTV, 5.2%) and Vanguard S&P 500 ETF (VOO, 3.4%). Compared with Q4 2024, it opened 44 new positions, sold out of 19, added to 57 and reduced 152. The biggest buy was a new position in Arista Networks (ANET) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- OAKLAND, MD
- CIK
- 0001214183
- Portfolio Value
- $267.7M (Q1 2025)
- SEC Filing
- 0001104659-25-035174 ↗ filed Apr 15, 2025
Holdings Value
Holdings 402 stocks · $267.7M
| QQQ Invesco QQQ Trust Series 1 | 5.93% | 33,832 | $15.9M | Reduce -7.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 5.20% | 80,527 | $13.9M | Add +1.8% |
| VOO Vanguard S&P 500 ETF | 3.41% | 17,783 | $9.1M | Add +0.6% |
| AAPL Apple Inc. | 3.20% | 38,550 | $8.6M | Reduce -1.9% |
| DVY iShares Select Dividend ETF | 3.06% | 61,074 | $8.2M | Add +10.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 3.01% | 21,722 | $8.1M | Reduce -7.3% |
| RSP Invesco S&P 500 Equal Weight | 2.73% | 42,136 | $7.3M | Add +19.7% |
| MSFT Microsoft Corp. | 2.36% | 16,831 | $6.3M | Reduce -2.8% |
| SPGP Invesco S&P 500 Garp ETF | 2.00% | 53,532 | $5.3M | Add +9.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.77% | 18,321 | $4.7M | Add +5.8% |
| FBND Fidelity Total Bond ETF | 1.75% | 102,359 | $4.7M | Add +25.6% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 1.72% | 18,858 | $4.6M | Add +0.3% |
| HYGV NT HY Val-SCRD BD ETF | 1.67% | 110,594 | $4.5M | Add +42.7% |
| JPM JPMorgan Chase & Co. | 1.64% | 17,902 | $4.4M | Reduce -1.7% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.63% | 27,206 | $4.4M | Add +2.3% |
| ERIE Erie Indemnity Company Class A | 1.57% | 10,000 | $4.2M | No change |
| ESG NT Stoxx US ESG ETF | 1.49% | 29,635 | $4.0M | Reduce -14.9% |
| IEFA iShares Core MSCI Eafe ETF | 1.47% | 52,122 | $3.9M | Add +7.1% |
| IVV iShares Core S&P 500 ETF | 1.42% | 6,748 | $3.8M | Add +2.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.36% | 6,493 | $3.6M | Reduce -3.4% |
| GOOGL Alphabet Inc. Class A | 1.35% | 23,385 | $3.6M | Reduce -2.6% |
| NVDA Nvidia Corp. | 1.32% | 32,658 | $3.5M | Reduce -2.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.32% | 15,959 | $3.5M | Reduce -0.9% |
| ANET Arista Networks Inc. | 1.26% | 43,500 | $3.4M | New |
| LOW Lowe's Cos Inc. | 1.23% | 14,078 | $3.3M | Reduce -1.8% |
| MCD McDonald's Corp. | 1.17% | 10,060 | $3.1M | Reduce -1.6% |
| IWF iShares Russell 1000 Growth | 1.04% | 7,727 | $2.8M | Reduce -1.4% |
| IWR iShares Russell Mid-Cap ETF | 0.97% | 30,604 | $2.6M | Reduce -0.1% |
| PG The Procter & Gamble Co. | 0.94% | 14,779 | $2.5M | Add +0.1% |
| DHR Danaher Corp. | 0.92% | 12,045 | $2.5M | Reduce -3.0% |
| HON Honeywell International Inc. | 0.92% | 11,579 | $2.5M | Reduce -1.5% |
| IEMG iShares Core MSCI Emerging | 0.91% | 45,073 | $2.4M | Add +13.1% |
| IYW iShares Ustechnology ETF | 0.89% | 16,888 | $2.4M | Reduce -3.4% |
| COST Costco Wholesale Corp. | 0.88% | 2,491 | $2.4M | Reduce -2.8% |
| MA Mastercard Inc. Class A | 0.85% | 4,149 | $2.3M | Reduce -2.8% |
| ABT Abbott Laboratories | 0.83% | 16,718 | $2.2M | Add +5.0% |
| CVX Chevron Corp. | 0.82% | 13,128 | $2.2M | Reduce -16.6% |
| AMZN Amazon.com Inc. | 0.81% | 11,435 | $2.2M | Reduce -1.4% |
| PNC PNC Financial Services Group | 0.81% | 12,361 | $2.2M | Add +0.0% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.80% | 11,516 | $2.1M | Reduce -4.5% |
| PULS Pgim Ultra Short Bond ETF | 0.80% | 42,847 | $2.1M | Reduce -3.3% |
| BND Vanguard Total Bond Market | 0.79% | 28,802 | $2.1M | Reduce -2.7% |
| SO The Southern Co. | 0.75% | 21,952 | $2.0M | Add +3.4% |
| HYD Vaneck High Yield Muni ETF | 0.70% | 36,528 | $1.9M | Add +36.9% |
| AMGN Amgen Inc. | 0.69% | 5,968 | $1.9M | Add +1.9% |
| FTNT Fortinet Inc. | 0.69% | 19,185 | $1.8M | Reduce -1.9% |
| CSX CSX Corp. | 0.68% | 61,485 | $1.8M | Reduce -10.9% |
| ISRG Intuitive Surgical Inc. | 0.67% | 3,628 | $1.8M | Reduce -1.8% |
| PEP Pepsico Inc. | 0.64% | 11,496 | $1.7M | Reduce -4.6% |
| BX Blackstone Inc. | 0.64% | 12,165 | $1.7M | Reduce -2.7% |
| JNJ Johnson & Johnson | 0.61% | 9,896 | $1.6M | Reduce -30.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.58% | 2,914 | $1.6M | Add +0.3% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.57% | 8,585 | $1.5M | Reduce -0.2% |
| CSCO Cisco Systems Inc. | 0.57% | 24,737 | $1.5M | Add +1.3% |
| ROP Roper Technologies Inc. | 0.51% | 2,318 | $1.4M | Reduce -2.5% |
| FLOT iShares Floating Rate Bond E | 0.50% | 26,182 | $1.3M | Reduce -17.3% |
| ITW Illinois Tool Works | 0.50% | 5,351 | $1.3M | Reduce -0.8% |
| CRM Salesforce Inc. | 0.45% | 4,475 | $1.2M | Reduce -1.4% |
| VZ Verizon Communications Inc. | 0.43% | 25,169 | $1.1M | Reduce -7.4% |
| MCHP Microchip Technology Inc. | 0.42% | 22,994 | $1.1M | Reduce -16.1% |
| XOM Exxon Mobil Corp. | 0.41% | 9,183 | $1.1M | Reduce -1.1% |
| CME Cme Group Inc. | 0.39% | 3,972 | $1.1M | Add +13.3% |
| VLO Valero Energy Corp. | 0.38% | 7,800 | $1.0M | Reduce -3.8% |
| IBIT iShares Bitcoin Trust ETF | 0.37% | 21,080 | $987K | Reduce -20.4% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.37% | 3,902 | $982K | Reduce -4.0% |
| HD Home Depot Inc. | 0.36% | 2,638 | $967K | Reduce -1.7% |
| ECL Ecolab Inc. | 0.34% | 3,616 | $917K | Reduce -3.0% |
| BDX Becton Dickinson and Co. | 0.34% | 3,934 | $901K | Reduce -1.0% |
| XLK SS Technology Select Sector | 0.34% | 4,355 | $899K | Reduce -20.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.30% | 3,204 | $797K | Reduce -1.4% |
| WMT Walmart Inc. | 0.29% | 8,992 | $789K | Add +0.3% |
| IWD iShares Russell 1000 Value E | 0.29% | 4,152 | $781K | No change |
| LLY Eli Lilly & Co. | 0.29% | 926 | $765K | Reduce -1.1% |
| IWP iShares Russell Mid-Cap Grow | 0.28% | 6,375 | $749K | Reduce -2.3% |
| NEE Nextera Energy Inc. | 0.26% | 9,845 | $698K | Reduce -2.9% |
| ET Energy Transfer LP | 0.26% | 37,541 | $698K | Add +233.7% |
| AMD Advanced Micro Devices | 0.26% | 6,746 | $693K | Reduce -31.8% |
| META Meta Platforms Inc. Class A | 0.25% | 1,166 | $672K | No change |
| ABBV Abbvie Inc. | 0.24% | 3,095 | $648K | Reduce -0.5% |
| ZTS Zoetis Inc. | 0.24% | 3,935 | $648K | Reduce -12.5% |
| PANW Palo Alto Networks Inc. | 0.24% | 3,738 | $638K | Add +16.5% |
| EOG EOG Resources Inc. | 0.23% | 4,804 | $616K | Reduce -3.4% |
| RSG Republic Services Inc. | 0.23% | 2,535 | $614K | Add +2.8% |
| BKLN Invesco Senior Loan ETF | 0.23% | 29,635 | $613K | Add +33.1% |
| XLC SS Comm Select Sector SPDR | 0.23% | 6,350 | $612K | Reduce -5.4% |
| NOW ServiceNow Inc. | 0.21% | 722 | $575K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.21% | 5,608 | $554K | Reduce -10.3% |
| CMCSA Comcast Corp. Class A | 0.20% | 14,804 | $546K | Reduce -30.6% |
| PZA Invesco National Amt-Free Mu | 0.20% | 23,146 | $533K | Add +6.2% |
| PWR Quanta Services Inc. | 0.20% | 2,054 | $522K | Add +3.8% |
| XLY SS Consumer Disc Select Sect | 0.19% | 2,620 | $517K | Reduce -5.2% |
| DD Dupont DE Nemours Inc. | 0.19% | 6,875 | $513K | Add +1.7% |
| GOOG Alphabet Inc. Class C | 0.19% | 3,248 | $507K | Add +1.3% |
| TIP iShares Tips Bond ETF | 0.19% | 4,464 | $496K | Add +23.3% |
| GPC Genuine Parts Co. | 0.18% | 4,148 | $494K | Reduce -24.2% |
| IWS iShares Russell Mid-Cap Valu | 0.18% | 3,836 | $483K | Reduce -1.9% |
| SHOP Shopify Inc. Class A | 0.18% | 5,015 | $479K | Add +9.3% |
| VCIT Vanguard Int-Term Corporate | 0.18% | 5,848 | $478K | Add +2.0% |
| TSLA Tesla Inc. | 0.17% | 1,746 | $452K | Reduce -1.7% |
| EQIX Equinix Inc. | 0.17% | 553 | $451K | New |
Portfolio Sells Q4 2024 → Q1 2025
| QQQ Invesco QQQ Trust Series 1 | Reduce -7.5% | 5.93% | −0.86 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -7.3% | 3.01% | −0.48 |
| AAPL Apple Inc. | Reduce -1.9% | 3.20% | −0.37 |
| ONEQ Fidelity Nasdaq Comp Indx | Sold out | 0.00% | −0.36 |
| NVDA Nvidia Corp. | Reduce -2.3% | 1.32% | −0.31 |
| GOOGL Alphabet Inc. Class A | Reduce -2.6% | 1.35% | −0.30 |
| MSFT Microsoft Corp. | Reduce -2.8% | 2.36% | −0.29 |
| ESG NT Stoxx US ESG ETF | Reduce -14.9% | 1.49% | −0.26 |
| DLR Digital Realty Trust Inc. | Reduce -68.1% | 0.09% | −0.24 |
| AMD Advanced Micro Devices | Reduce -31.8% | 0.26% | −0.18 |
| MCHP Microchip Technology Inc. | Reduce -16.1% | 0.42% | −0.16 |
| BX Blackstone Inc. | Reduce -2.7% | 0.64% | −0.15 |
| UPS United Parcel Service Class B | Reduce -69.9% | 0.05% | −0.15 |
| IBIT iShares Bitcoin Trust ETF | Reduce -20.4% | 0.37% | −0.14 |
| JNJ Johnson & Johnson | Reduce -30.7% | 0.61% | −0.14 |
| XJH Ishare ESG SS S&P Midcap ETF | Reduce -46.4% | 0.14% | −0.13 |
| CSX CSX Corp. | Reduce -10.9% | 0.68% | −0.13 |
| IYW iShares Ustechnology ETF | Reduce -3.4% | 0.89% | −0.13 |
| XLK SS Technology Select Sector | Reduce -20.3% | 0.34% | −0.13 |
| PRU Prudential Financial Inc. | Reduce -63.8% | 0.07% | −0.12 |
| DHR Danaher Corp. | Reduce -3.0% | 0.92% | −0.11 |
| AMZN Amazon.com Inc. | Reduce -1.4% | 0.81% | −0.11 |
| CRM Salesforce Inc. | Reduce -1.4% | 0.45% | −0.10 |
| IWF iShares Russell 1000 Growth | Reduce -1.4% | 1.04% | −0.10 |
| TSLA Tesla Inc. | Reduce -1.7% | 0.17% | −0.09 |
| CMCSA Comcast Corp. Class A | Reduce -30.6% | 0.20% | −0.09 |
| FLOT iShares Floating Rate Bond E | Reduce -17.3% | 0.50% | −0.09 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -0.9% | 1.32% | −0.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.4% | 1.36% | −0.07 |
| DOW Dow Inc. | Reduce -73.1% | 0.02% | −0.07 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -4.5% | 0.80% | −0.07 |
| NUSC Nuveen ESG Small-Cap ETF | Reduce -55.4% | 0.04% | −0.06 |
| LOW Lowe's Cos Inc. | Reduce -1.8% | 1.23% | −0.06 |
| HON Honeywell International Inc. | Reduce -1.5% | 0.92% | −0.05 |
| GPC Genuine Parts Co. | Reduce -24.2% | 0.18% | −0.05 |
| PGX Invesco Preferred ETF | Reduce -67.8% | 0.02% | −0.05 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -4.0% | 0.37% | −0.05 |
| DIS The Walt Disney Co. | Reduce -10.3% | 0.21% | −0.05 |
| VSGX Vanguard ESG Intl Stock ETF | Reduce -40.0% | 0.08% | −0.04 |
| AMT American Tower Corp. | Reduce -86.6% | 0.01% | −0.04 |
| XLY SS Consumer Disc Select Sect | Reduce -5.2% | 0.19% | −0.03 |
| PYPL PayPal Holdings Inc. | Reduce -18.3% | 0.05% | −0.03 |
| ISRG Intuitive Surgical Inc. | Reduce -1.8% | 0.67% | −0.03 |
| VNT Vontier Corp. | Reduce -14.0% | 0.11% | −0.03 |
| ZTS Zoetis Inc. | Reduce -12.5% | 0.24% | −0.02 |
| XLRE SS Real Estate Select Sector | Reduce -27.2% | 0.08% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -23.2% | 0.13% | −0.02 |
| PEP Pepsico Inc. | Reduce -4.6% | 0.64% | −0.02 |
| IWP iShares Russell Mid-Cap Grow | Reduce -2.3% | 0.28% | −0.02 |
| XLP SS Consumer Staples Sel Sect | Reduce -27.0% | 0.07% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| ANET Arista Networks Inc. | New | 1.26% | +1.26 |
| HYGV NT HY Val-SCRD BD ETF | Add +42.7% | 1.67% | +0.52 |
| RSP Invesco S&P 500 Equal Weight | Add +19.7% | 2.73% | +0.49 |
| FBND Fidelity Total Bond ETF | Add +25.6% | 1.75% | +0.42 |
| DVY iShares Select Dividend ETF | Add +10.0% | 3.06% | +0.42 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +1.8% | 5.20% | +0.33 |
| IEFA iShares Core MSCI Eafe ETF | Add +7.1% | 1.47% | +0.23 |
| HYD Vaneck High Yield Muni ETF | Add +36.9% | 0.70% | +0.20 |
| ET Energy Transfer LP | Add +233.7% | 0.26% | +0.18 |
| ABT Abbott Laboratories | Add +5.0% | 0.83% | +0.17 |
| EQIX Equinix Inc. | New | 0.17% | +0.17 |
| IEMG iShares Core MSCI Emerging | Add +13.1% | 0.91% | +0.15 |
| AMGN Amgen Inc. | Add +1.9% | 0.69% | +0.14 |
| SPGP Invesco S&P 500 Garp ETF | Add +9.5% | 2.00% | +0.14 |
| GLD SPDR Gold Shares | Add +519.7% | 0.15% | +0.13 |
| CBRE CBRE Group Inc. Class A | New | 0.12% | +0.12 |
| SO The Southern Co. | Add +3.4% | 0.75% | +0.12 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +5.8% | 1.77% | +0.11 |
| PKG Packaging Corp. of America | New | 0.11% | +0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.3% | 0.58% | +0.10 |
| VGK Vanguard Ftse Europe ETF | Add +2013.2% | 0.11% | +0.10 |
| CME Cme Group Inc. | Add +13.3% | 0.39% | +0.10 |
| GL Globe Life Inc. | New | 0.08% | +0.08 |
| TFC Truist Financial Corp. | Add +171.2% | 0.12% | +0.07 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +2.3% | 1.63% | +0.07 |
| CVS CVS Health Corp. | Add +321.1% | 0.08% | +0.06 |
| BKLN Invesco Senior Loan ETF | Add +33.1% | 0.23% | +0.06 |
| RJF Raymond James Financial Inc. | New | 0.05% | +0.05 |
| RSG Republic Services Inc. | Add +2.8% | 0.23% | +0.05 |
| CSCO Cisco Systems Inc. | Add +1.3% | 0.57% | +0.05 |
| TIP iShares Tips Bond ETF | Add +23.3% | 0.19% | +0.05 |
| PG The Procter & Gamble Co. | Add +0.1% | 0.94% | +0.04 |
| ARLP Alliance Resource Partners | New | 0.04% | +0.04 |
| BLK BlackRock Inc. | New | 0.03% | +0.03 |
| CHCO City Holding Co. | New | 0.03% | +0.03 |
| IHI iShares U.S. Medical Devices | Add +91.9% | 0.06% | +0.03 |
| PANW Palo Alto Networks Inc. | Add +16.5% | 0.24% | +0.03 |
| NOC Northrop Grumman Corp. | New | 0.02% | +0.02 |
| LRCX Lam Research Corp. | New | 0.02% | +0.02 |
| JEPI JPMorgan Equity Premium Inco | New | 0.02% | +0.02 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +5.6% | 0.11% | +0.01 |
| PZA Invesco National Amt-Free Mu | Add +6.2% | 0.20% | +0.01 |
| VCIT Vanguard Int-Term Corporate | Add +2.0% | 0.18% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +2.6% | 1.42% | +0.01 |
| MSTR Strategy Inc. | New | 0.01% | +0.01 |
| STIP iShares 0-5 Year Tips Bond E | Add +8.7% | 0.08% | +0.01 |
| XLF SS Financial Select Sector | Add +1.4% | 0.14% | +0.01 |
| UL Unilever PLC | Add +42.4% | 0.03% | +0.01 |
| DHT DHT Holdings Inc. | New | 0.01% | +0.01 |
| AFL Aflac Inc. | Add +29.8% | 0.02% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 419 | $347.6M | QQQ, VTV, VOO, DVY, VO |
| Q1 2026 | 394 | $307.9M | QQQ, VTV, DVY, VOO, VO |
| Q4 2025 | 393 | $313.3M | QQQ, VTV, VOO, VUG, AAPL |
| Q3 2025 | 419 | $308.1M | QQQ, VTV, VOO, VUG, AAPL |
| Q2 2025 | 388 | $286.9M | QQQ, VTV, VOO, VUG, MSFT |
| Q1 2025 | 402 | $267.7M | QQQ, VTV, VOO, AAPL, DVY |
| Q4 2024 | 377 | $275.3M | QQQ, VTV, AAPL, VUG, VOO |
| Q3 2024 | 380 | $278.3M | QQQ, VTV, VOO, AAPL, VUG |
| Q2 2024 | 402 | $268.7M | QQQ, VTV, AAPL, VUG, VOO |
| Q1 2024 | 415 | $270.1M | QQQ, VTV, AAPL, VOO, VUG |