First United Bank & Trust
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 18, 2025), First United Bank & Trust reported 388 stock positions worth $286.9 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 6.7% of the portfolio, followed by Vanguard Mrngstr Val ETF-Aui (VTV, 5.4%) and Vanguard S&P 500 ETF (VOO, 3.9%). Compared with Q1 2025, it opened 4 new positions, sold out of 18, added to 58 and reduced 133. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +3%) and the biggest sale Apple (AAPL, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- OAKLAND, MD
- CIK
- 0001214183
- Portfolio Value
- $286.9M (Q2 2025)
- SEC Filing
- 0001104659-25-068849 ↗ filed Jul 18, 2025
Holdings Value
Holdings 388 stocks · $286.9M
| QQQ Invesco QQQ Trust Series 1 | 6.68% | 34,756 | $19.2M | Add +2.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 5.42% | 88,023 | $15.6M | Add +9.3% |
| VOO Vanguard S&P 500 ETF | 3.87% | 19,556 | $11.1M | Add +10.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 3.49% | 22,817 | $10.0M | Add +5.0% |
| MSFT Microsoft Corp. | 2.90% | 16,705 | $8.3M | Reduce -0.8% |
| DVY iShares Select Dividend ETF | 2.76% | 59,519 | $7.9M | Reduce -2.5% |
| AAPL Apple Inc. | 2.69% | 37,653 | $7.7M | Reduce -2.3% |
| RSP Invesco S&P 500 Equal Weight | 2.56% | 40,388 | $7.3M | Reduce -4.2% |
| SPGP Invesco S&P 500 Garp ETF | 1.80% | 48,021 | $5.2M | Reduce -10.3% |
| JPM JPMorgan Chase & Co. | 1.79% | 17,684 | $5.1M | Reduce -1.2% |
| IEFA iShares Core MSCI Eafe ETF | 1.78% | 61,146 | $5.1M | Add +17.3% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 1.72% | 17,355 | $4.9M | Reduce -8.0% |
| NVDA Nvidia Corp. | 1.70% | 30,918 | $4.9M | Reduce -5.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.70% | 17,393 | $4.9M | Reduce -5.1% |
| FBND Fidelity Total Bond ETF | 1.66% | 104,394 | $4.8M | Add +2.0% |
| ANET Arista Networks Inc. | 1.51% | 42,470 | $4.3M | Reduce -2.4% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.50% | 26,155 | $4.3M | Reduce -3.9% |
| IVV iShares Core S&P 500 ETF | 1.46% | 6,748 | $4.2M | No change |
| ESG NT Stoxx US ESG ETF | 1.46% | 28,476 | $4.2M | Reduce -3.9% |
| GOOGL Alphabet Inc. Class A | 1.43% | 23,270 | $4.1M | Reduce -0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.36% | 6,337 | $3.9M | Reduce -2.4% |
| HYGV NT HY Val-SCRD BD ETF | 1.29% | 90,350 | $3.7M | Reduce -18.3% |
| ERIE Erie Indemnity Company Class A | 1.21% | 10,000 | $3.5M | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 1.14% | 13,774 | $3.3M | Reduce -13.7% |
| IWF iShares Russell 1000 Growth | 1.13% | 7,657 | $3.3M | Reduce -0.9% |
| LOW Lowe's Cos Inc. | 1.07% | 13,871 | $3.1M | Reduce -1.5% |
| MCD McDonald's Corp. | 1.02% | 9,995 | $2.9M | Reduce -0.7% |
| IYW iShares Ustechnology ETF | 0.96% | 15,946 | $2.8M | Reduce -5.6% |
| IWR iShares Russell Mid-Cap ETF | 0.94% | 29,369 | $2.7M | Reduce -4.0% |
| IEMG iShares Core MSCI Emerging | 0.93% | 44,544 | $2.7M | Reduce -1.2% |
| AMZN Amazon.com Inc. | 0.92% | 12,025 | $2.6M | Add +5.2% |
| HON Honeywell International Inc. | 0.92% | 11,277 | $2.6M | Reduce -2.6% |
| COST Costco Wholesale Corp. | 0.87% | 2,517 | $2.5M | Add +1.0% |
| PG The Procter & Gamble Co. | 0.82% | 14,694 | $2.3M | Reduce -0.6% |
| MA Mastercard Inc. Class A | 0.81% | 4,119 | $2.3M | Reduce -0.7% |
| PULS Pgim Ultra Short Bond ETF | 0.80% | 46,326 | $2.3M | Add +8.1% |
| PNC PNC Financial Services Group | 0.80% | 12,319 | $2.3M | Reduce -0.3% |
| ABT Abbott Laboratories | 0.79% | 16,618 | $2.3M | Reduce -0.6% |
| DHR Danaher Corp. | 0.78% | 11,377 | $2.2M | Reduce -5.5% |
| SO The Southern Co. | 0.74% | 23,224 | $2.1M | Add +5.8% |
| ISRG Intuitive Surgical Inc. | 0.71% | 3,733 | $2.0M | Add +2.9% |
| FTNT Fortinet Inc. | 0.70% | 19,115 | $2.0M | Reduce -0.4% |
| BND Vanguard Total Bond Market | 0.68% | 26,424 | $1.9M | Reduce -8.3% |
| BX Blackstone Inc. | 0.66% | 12,715 | $1.9M | Add +4.5% |
| CSX CSX Corp. | 0.65% | 57,466 | $1.9M | Reduce -6.5% |
| CVX Chevron Corp. | 0.63% | 12,689 | $1.8M | Reduce -3.3% |
| CSCO Cisco Systems Inc. | 0.61% | 25,347 | $1.8M | Add +2.5% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.61% | 8,993 | $1.8M | Reduce -21.9% |
| AMGN Amgen Inc. | 0.58% | 5,960 | $1.7M | Reduce -0.1% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.58% | 8,519 | $1.7M | Reduce -0.8% |
| HYD Vaneck High Yield Muni ETF | 0.53% | 30,346 | $1.5M | Reduce -16.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.52% | 3,074 | $1.5M | Add +5.5% |
| FLOT iShares Floating Rate Bond E | 0.50% | 28,125 | $1.4M | Add +7.4% |
| PEP Pepsico Inc. | 0.49% | 10,686 | $1.4M | Reduce -7.0% |
| CME Cme Group Inc. | 0.48% | 5,002 | $1.4M | Add +25.9% |
| ROP Roper Technologies Inc. | 0.48% | 2,415 | $1.4M | Add +4.2% |
| STIP iShares 0-5 Year Tips Bond E | 0.48% | 13,277 | $1.4M | Add +538.3% |
| ITW Illinois Tool Works | 0.47% | 5,484 | $1.4M | Add +2.5% |
| CRM Salesforce Inc. | 0.44% | 4,650 | $1.3M | Add +3.9% |
| JNJ Johnson & Johnson | 0.42% | 7,829 | $1.2M | Reduce -20.9% |
| XLK SS Technology Select Sector | 0.40% | 4,556 | $1.2M | Add +4.6% |
| VZ Verizon Communications Inc. | 0.40% | 26,624 | $1.2M | Add +5.8% |
| IBIT iShares Bitcoin Trust ETF | 0.39% | 18,301 | $1.1M | Reduce -13.2% |
| ECL Ecolab Inc. | 0.38% | 4,020 | $1.1M | Add +11.2% |
| VLO Valero Energy Corp. | 0.37% | 7,951 | $1.1M | Add +1.9% |
| MCHP Microchip Technology Inc. | 0.37% | 15,144 | $1.1M | Reduce -34.1% |
| XOM Exxon Mobil Corp. | 0.36% | 9,594 | $1.0M | Add +4.5% |
| WMT Walmart Inc. | 0.34% | 10,045 | $982K | Add +11.7% |
| TSLA Tesla Inc. | 0.34% | 3,074 | $976K | Add +76.1% |
| RSG Republic Services Inc. | 0.34% | 3,925 | $968K | Add +54.8% |
| HD Home Depot Inc. | 0.33% | 2,613 | $958K | Reduce -0.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.32% | 3,149 | $928K | Reduce -1.7% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.32% | 3,284 | $909K | Reduce -15.8% |
| NOW ServiceNow Inc. | 0.31% | 867 | $891K | Add +20.1% |
| META Meta Platforms Inc. Class A | 0.30% | 1,166 | $861K | No change |
| IWP iShares Russell Mid-Cap Grow | 0.30% | 6,110 | $847K | Reduce -4.2% |
| PANW Palo Alto Networks Inc. | 0.29% | 4,088 | $837K | Add +9.4% |
| PWR Quanta Services Inc. | 0.28% | 2,104 | $795K | Add +2.4% |
| IWD iShares Russell 1000 Value E | 0.27% | 4,002 | $777K | Reduce -3.6% |
| LLY Eli Lilly & Co. | 0.25% | 916 | $714K | Reduce -1.1% |
| TIP iShares Tips Bond ETF | 0.25% | 6,450 | $710K | Add +44.5% |
| NEE Nextera Energy Inc. | 0.25% | 10,135 | $704K | Add +3.0% |
| ET Energy Transfer LP | 0.24% | 38,431 | $697K | Add +2.4% |
| CVS CVS Health Corp. | 0.24% | 9,880 | $682K | Add +230.4% |
| XLC SS Comm Select Sector SPDR | 0.22% | 5,885 | $639K | Reduce -7.3% |
| EOG EOG Resources Inc. | 0.22% | 5,298 | $634K | Add +10.3% |
| EQIX Equinix Inc. | 0.21% | 754 | $600K | Add +36.4% |
| BDX Becton Dickinson and Co. | 0.20% | 3,359 | $579K | Reduce -14.6% |
| SHOP Shopify Inc. Class A | 0.20% | 5,005 | $577K | Reduce -0.2% |
| GOOG Alphabet Inc. Class C | 0.20% | 3,248 | $576K | No change |
| ABBV Abbvie Inc. | 0.20% | 3,095 | $574K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.20% | 4,618 | $573K | Reduce -17.6% |
| GLD SPDR Gold Shares | 0.20% | 1,858 | $566K | Add +31.5% |
| XLY SS Consumer Disc Select Sect | 0.20% | 2,600 | $565K | Reduce -0.8% |
| BKLN Invesco Senior Loan ETF | 0.19% | 26,323 | $551K | Reduce -11.2% |
| IEI iShares 3-7 Year Treasury Bo | 0.19% | 4,524 | $539K | Add +33.2% |
| PKG Packaging Corp. of America | 0.18% | 2,787 | $525K | Add +91.3% |
| CBRE CBRE Group Inc. Class A | 0.18% | 3,686 | $516K | Add +48.6% |
| GPC Genuine Parts Co. | 0.17% | 4,123 | $500K | Reduce -0.6% |
| ZTS Zoetis Inc. | 0.17% | 3,065 | $478K | Reduce -22.1% |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -2.3% | 2.69% | −0.51 |
| HYGV NT HY Val-SCRD BD ETF | Reduce -18.3% | 1.29% | −0.38 |
| DVY iShares Select Dividend ETF | Reduce -2.5% | 2.76% | −0.31 |
| JNJ Johnson & Johnson | Reduce -20.9% | 0.42% | −0.20 |
| SPGP Invesco S&P 500 Garp ETF | Reduce -10.3% | 1.80% | −0.19 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -21.9% | 0.61% | −0.19 |
| CVX Chevron Corp. | Reduce -3.3% | 0.63% | −0.19 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -13.7% | 1.14% | −0.18 |
| RSP Invesco S&P 500 Equal Weight | Reduce -4.2% | 2.56% | −0.17 |
| HYD Vaneck High Yield Muni ETF | Reduce -16.9% | 0.53% | −0.17 |
| MCD McDonald's Corp. | Reduce -0.7% | 1.02% | −0.16 |
| LOW Lowe's Cos Inc. | Reduce -1.5% | 1.07% | −0.15 |
| PEP Pepsico Inc. | Reduce -7.0% | 0.49% | −0.15 |
| DHR Danaher Corp. | Reduce -5.5% | 0.78% | −0.14 |
| BDX Becton Dickinson and Co. | Reduce -14.6% | 0.20% | −0.14 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -3.9% | 1.50% | −0.13 |
| PG The Procter & Gamble Co. | Reduce -0.6% | 0.82% | −0.12 |
| DD Dupont DE Nemours Inc. | Reduce -56.6% | 0.07% | −0.12 |
| AMGN Amgen Inc. | Reduce -0.1% | 0.58% | −0.11 |
| BND Vanguard Total Bond Market | Reduce -8.3% | 0.68% | −0.11 |
| AMD Advanced Micro Devices | Reduce -53.1% | 0.16% | −0.10 |
| VNT Vontier Corp. | Reduce -70.4% | 0.03% | −0.08 |
| ZTS Zoetis Inc. | Reduce -22.1% | 0.17% | −0.08 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -5.1% | 1.70% | −0.07 |
| DLR Digital Realty Trust Inc. | Reduce -82.2% | 0.02% | −0.07 |
| UNH Unitedhealth Group Inc. | Reduce -1.4% | 0.08% | −0.06 |
| CMCSA Comcast Corp. Class A | Reduce -22.0% | 0.14% | −0.06 |
| PZA Invesco National Amt-Free Mu | Reduce -22.0% | 0.14% | −0.06 |
| XJH Ishare ESG SS S&P Midcap ETF | Reduce -39.1% | 0.09% | −0.06 |
| BMY Bristol-Myers Squibb Co. | Reduce -15.9% | 0.08% | −0.05 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -15.8% | 0.32% | −0.05 |
| MCHP Microchip Technology Inc. | Reduce -34.1% | 0.37% | −0.04 |
| MA Mastercard Inc. Class A | Reduce -0.7% | 0.81% | −0.04 |
| PRU Prudential Financial Inc. | Reduce -59.7% | 0.02% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -20.6% | 0.08% | −0.04 |
| UPS United Parcel Service Class B | Reduce -72.5% | 0.01% | −0.04 |
| ABT Abbott Laboratories | Reduce -0.6% | 0.79% | −0.04 |
| IWS iShares Russell Mid-Cap Valu | Reduce -19.3% | 0.14% | −0.04 |
| BKLN Invesco Senior Loan ETF | Reduce -11.2% | 0.19% | −0.04 |
| LLY Eli Lilly & Co. | Reduce -1.1% | 0.25% | −0.04 |
| NUSC Nuveen ESG Small-Cap ETF | Reduce -74.8% | 0.01% | −0.03 |
| IWR iShares Russell Mid-Cap ETF | Reduce -4.0% | 0.94% | −0.03 |
| ESG NT Stoxx US ESG ETF | Reduce -3.9% | 1.46% | −0.03 |
| HD Home Depot Inc. | Reduce -0.9% | 0.33% | −0.03 |
| PPG PPG Industries Inc. | Reduce -15.3% | 0.11% | −0.02 |
| CSX CSX Corp. | Reduce -6.5% | 0.65% | −0.02 |
| IWD iShares Russell 1000 Value E | Reduce -3.6% | 0.27% | −0.02 |
| MO Altria Group Inc. | Reduce -9.9% | 0.09% | −0.02 |
| IYH iShares U.S. Healthcare ETF | Reduce -0.8% | 0.12% | −0.02 |
| D Dominion Energy Inc. | Reduce -12.1% | 0.09% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| QQQ Invesco QQQ Trust Series 1 | Add +2.7% | 6.68% | +0.76 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +5.0% | 3.49% | +0.48 |
| VOO Vanguard S&P 500 ETF | Add +10.0% | 3.87% | +0.46 |
| STIP iShares 0-5 Year Tips Bond E | Add +538.3% | 0.48% | +0.40 |
| IEFA iShares Core MSCI Eafe ETF | Add +17.3% | 1.78% | +0.31 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +9.3% | 5.42% | +0.23 |
| TSLA Tesla Inc. | Add +76.1% | 0.34% | +0.17 |
| CVS CVS Health Corp. | Add +230.4% | 0.24% | +0.16 |
| WEC WEC Energy Group Inc. | New | 0.13% | +0.13 |
| NOC Northrop Grumman Corp. | Add +641.0% | 0.14% | +0.12 |
| RSG Republic Services Inc. | Add +54.8% | 0.34% | +0.11 |
| AMZN Amazon.com Inc. | Add +5.2% | 0.92% | +0.11 |
| NOW ServiceNow Inc. | Add +20.1% | 0.31% | +0.10 |
| CME Cme Group Inc. | Add +25.9% | 0.48% | +0.09 |
| PWR Quanta Services Inc. | Add +2.4% | 0.28% | +0.08 |
| RJF Raymond James Financial Inc. | Add +136.0% | 0.13% | +0.08 |
| PKG Packaging Corp. of America | Add +91.3% | 0.18% | +0.08 |
| GL Globe Life Inc. | Add +107.5% | 0.15% | +0.07 |
| XLK SS Technology Select Sector | Add +4.6% | 0.40% | +0.07 |
| TIP iShares Tips Bond ETF | Add +44.5% | 0.25% | +0.06 |
| CBRE CBRE Group Inc. Class A | Add +48.6% | 0.18% | +0.06 |
| PANW Palo Alto Networks Inc. | Add +9.4% | 0.29% | +0.05 |
| WMT Walmart Inc. | Add +11.7% | 0.34% | +0.05 |
| GLD SPDR Gold Shares | Add +31.5% | 0.20% | +0.05 |
| CSCO Cisco Systems Inc. | Add +2.5% | 0.61% | +0.04 |
| EQIX Equinix Inc. | Add +36.4% | 0.21% | +0.04 |
| IEI iShares 3-7 Year Treasury Bo | Add +33.2% | 0.19% | +0.04 |
| ISRG Intuitive Surgical Inc. | Add +2.9% | 0.71% | +0.04 |
| ECL Ecolab Inc. | Add +11.2% | 0.38% | +0.04 |
| BX Blackstone Inc. | Add +4.5% | 0.66% | +0.03 |
| DUK Duke Energy Corp. | Add +43.9% | 0.10% | +0.02 |
| PICB Invesco International Corpor | New | 0.02% | +0.02 |
| VGK Vanguard Ftse Europe ETF | Add +10.3% | 0.12% | +0.01 |
| PYPL PayPal Holdings Inc. | Add +17.1% | 0.07% | +0.01 |
| COF Capital One Financial Corp. | New | 0.01% | +0.01 |
| BAC Bank of America Corp. | Add +6.5% | 0.09% | +0.01 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +12.7% | 0.12% | +0.01 |
| XLP SS Consumer Staples Sel Sect | Add +20.7% | 0.08% | +0.01 |
| PULS Pgim Ultra Short Bond ETF | Add +8.1% | 0.80% | +0.01 |
| XLV SS Health Care Select Sector | Add +32.3% | 0.06% | +0.01 |
| ULTA Ulta Beauty Inc. | Add +15.0% | 0.02% | +0.01 |
| IAU iShares Gold Trust | Add +12.6% | 0.05% | +0.00 |
| AUB Atlantic Union Bankshares Co. | New | 0.00% | +0.00 |
| FLOT iShares Floating Rate Bond E | Add +7.4% | 0.50% | +0.00 |
| SLV iShares Silver Trust | Add +5.0% | 0.01% | +0.00 |
| RIVN Rivian Automotive Inc. Class A | Add +14.0% | 0.00% | +0.00 |
| EMB iShares JP Morgan Usd Emergi | Add +4.5% | 0.01% | 0.00 |
| SHM SS SPDR N Ice St Muni ETF | Add +5.4% | 0.02% | −0.00 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +1.9% | 0.14% | −0.01 |
| CRM Salesforce Inc. | Add +3.9% | 0.44% | −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 |