First United Bank & Trust
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 27, 2025), First United Bank & Trust reported 419 stock positions worth $308.1 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 6.8% of the portfolio, followed by Vanguard Mrngstr Val ETF-Aui (VTV, 5.4%) and Vanguard S&P 500 ETF (VOO, 3.9%). Compared with Q2 2025, it opened 41 new positions, sold out of 10, added to 109 and reduced 110. The biggest buy was Oracle (ORCL, shares +120%) and the biggest sale Invesco S&P 500 Equal Weight (RSP, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- OAKLAND, MD
- CIK
- 0001214183
- Portfolio Value
- $308.1M (Q3 2025)
- SEC Filing
- 0001104659-25-102480 ↗ filed Oct 27, 2025
Holdings Value
Holdings 419 stocks · $308.1M
| QQQ Invesco QQQ Trust Series 1 | 6.83% | 35,062 | $21.1M | Add +0.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 5.37% | 88,677 | $16.5M | Add +0.7% |
| VOO Vanguard S&P 500 ETF | 3.89% | 19,551 | $12.0M | Reduce -0.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 3.68% | 23,610 | $11.3M | Add +3.5% |
| AAPL Apple Inc. | 3.08% | 37,224 | $9.5M | Reduce -1.1% |
| DVY iShares Select Dividend ETF | 2.78% | 60,327 | $8.6M | Add +1.4% |
| MSFT Microsoft Corp. | 2.77% | 16,501 | $8.5M | Reduce -1.2% |
| RSP Invesco S&P 500 Equal Weight | 2.19% | 35,635 | $6.8M | Reduce -11.8% |
| ANET Arista Networks Inc. | 1.89% | 40,002 | $5.8M | Reduce -5.8% |
| IEFA iShares Core MSCI Eafe ETF | 1.85% | 65,436 | $5.7M | Add +7.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.84% | 19,300 | $5.7M | Add +11.0% |
| GOOGL Alphabet Inc. Class A | 1.82% | 23,087 | $5.6M | Reduce -0.8% |
| NVDA Nvidia Corp. | 1.81% | 29,902 | $5.6M | Reduce -3.3% |
| JPM JPMorgan Chase & Co. | 1.79% | 17,491 | $5.5M | Reduce -1.1% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 1.67% | 17,472 | $5.1M | Add +0.7% |
| SPGP Invesco S&P 500 Garp ETF | 1.64% | 44,385 | $5.0M | Reduce -7.6% |
| FBND Fidelity Total Bond ETF | 1.62% | 107,703 | $5.0M | Add +3.2% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.58% | 27,961 | $4.9M | Add +6.9% |
| IVV iShares Core S&P 500 ETF | 1.46% | 6,718 | $4.5M | Reduce -0.4% |
| ESG NT Stoxx US ESG ETF | 1.37% | 27,385 | $4.2M | Reduce -3.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.36% | 6,307 | $4.2M | Reduce -0.5% |
| HYGV NT HY Val-SCRD BD ETF | 1.34% | 99,901 | $4.1M | Add +10.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.17% | 14,148 | $3.6M | Add +2.7% |
| IWF iShares Russell 1000 Growth | 1.16% | 7,637 | $3.6M | Reduce -0.3% |
| LOW Lowe's Cos Inc. | 1.13% | 13,828 | $3.5M | Reduce -0.3% |
| IEMG iShares Core MSCI Emerging | 1.13% | 52,591 | $3.5M | Add +18.1% |
| ERIE Erie Indemnity Company Class A | 1.03% | 10,000 | $3.2M | No change |
| IYW iShares Ustechnology ETF | 1.01% | 15,916 | $3.1M | Reduce -0.2% |
| MCD McDonald's Corp. | 0.99% | 10,055 | $3.1M | Add +0.6% |
| IWR iShares Russell Mid-Cap ETF | 0.92% | 29,244 | $2.8M | Reduce -0.4% |
| AMZN Amazon.com Inc. | 0.85% | 11,909 | $2.6M | Reduce -1.0% |
| PNC PNC Financial Services Group | 0.81% | 12,343 | $2.5M | Add +0.2% |
| COST Costco Wholesale Corp. | 0.76% | 2,525 | $2.3M | Add +0.3% |
| MA Mastercard Inc. Class A | 0.75% | 4,087 | $2.3M | Reduce -0.8% |
| HON Honeywell International Inc. | 0.75% | 11,017 | $2.3M | Reduce -2.3% |
| PG The Procter & Gamble Co. | 0.73% | 14,621 | $2.2M | Reduce -0.5% |
| SO The Southern Co. | 0.71% | 23,034 | $2.2M | Reduce -0.8% |
| BX Blackstone Inc. | 0.70% | 12,600 | $2.2M | Reduce -0.9% |
| ABT Abbott Laboratories | 0.69% | 15,963 | $2.1M | Reduce -3.9% |
| CSX CSX Corp. | 0.66% | 57,566 | $2.0M | Add +0.2% |
| DHR Danaher Corp. | 0.66% | 10,279 | $2.0M | Reduce -9.7% |
| CVX Chevron Corp. | 0.63% | 12,543 | $1.9M | Reduce -1.1% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.62% | 9,116 | $1.9M | Add +1.4% |
| PULS Pgim Ultra Short Bond ETF | 0.60% | 37,022 | $1.8M | Reduce -20.1% |
| BND Vanguard Total Bond Market | 0.59% | 24,498 | $1.8M | Reduce -7.3% |
| CSCO Cisco Systems Inc. | 0.57% | 25,797 | $1.8M | Add +1.8% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.54% | 8,385 | $1.7M | Reduce -1.6% |
| ISRG Intuitive Surgical Inc. | 0.53% | 3,681 | $1.6M | Reduce -1.4% |
| AMGN Amgen Inc. | 0.53% | 5,790 | $1.6M | Reduce -2.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.49% | 2,979 | $1.5M | Reduce -3.1% |
| PEP Pepsico Inc. | 0.46% | 10,166 | $1.4M | Reduce -4.9% |
| ITW Illinois Tool Works | 0.46% | 5,439 | $1.4M | Reduce -0.8% |
| TSLA Tesla Inc. | 0.45% | 3,129 | $1.4M | Add +1.8% |
| CME Cme Group Inc. | 0.45% | 5,077 | $1.4M | Add +1.5% |
| JNJ Johnson & Johnson | 0.44% | 7,329 | $1.4M | Reduce -6.4% |
| VLO Valero Energy Corp. | 0.44% | 7,960 | $1.4M | Add +0.1% |
| XLK SS Technology Select Sector | 0.44% | 4,785 | $1.3M | Add +5.0% |
| FTNT Fortinet Inc. | 0.42% | 15,335 | $1.3M | Reduce -19.8% |
| FLOT iShares Floating Rate Bond E | 0.39% | 23,370 | $1.2M | Reduce -16.9% |
| VZ Verizon Communications Inc. | 0.39% | 27,019 | $1.2M | Add +1.5% |
| ROP Roper Technologies Inc. | 0.38% | 2,360 | $1.2M | Reduce -2.3% |
| IBIT iShares Bitcoin Trust ETF | 0.38% | 17,829 | $1.2M | Reduce -2.6% |
| HYD Vaneck High Yield Muni ETF | 0.37% | 22,581 | $1.1M | Reduce -25.6% |
| ECL Ecolab Inc. | 0.37% | 4,190 | $1.1M | Add +4.2% |
| PANW Palo Alto Networks Inc. | 0.36% | 5,518 | $1.1M | Add +35.0% |
| CRM Salesforce Inc. | 0.36% | 4,701 | $1.1M | Add +1.1% |
| WMT Walmart Inc. | 0.35% | 10,477 | $1.1M | Add +4.3% |
| XOM Exxon Mobil Corp. | 0.35% | 9,504 | $1.1M | Reduce -0.9% |
| HD Home Depot Inc. | 0.35% | 2,628 | $1.1M | Add +0.6% |
| ORCL Oracle Corp. | 0.34% | 3,740 | $1.1M | Add +120.3% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.33% | 3,410 | $1.0M | Add +3.8% |
| STIP iShares 0-5 Year Tips Bond E | 0.33% | 9,781 | $1.0M | Reduce -26.3% |
| PWR Quanta Services Inc. | 0.32% | 2,360 | $978K | Add +12.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.29% | 3,149 | $889K | No change |
| META Meta Platforms Inc. Class A | 0.28% | 1,195 | $878K | Add +2.5% |
| RSG Republic Services Inc. | 0.28% | 3,810 | $874K | Reduce -2.9% |
| IWP iShares Russell Mid-Cap Grow | 0.28% | 6,060 | $863K | Reduce -0.8% |
| NOW ServiceNow Inc. | 0.27% | 920 | $847K | Add +6.1% |
| SHOP Shopify Inc. Class A | 0.27% | 5,525 | $821K | Add +10.4% |
| GOOG Alphabet Inc. Class C | 0.26% | 3,268 | $796K | Add +0.6% |
| CVS CVS Health Corp. | 0.26% | 10,492 | $791K | Add +6.2% |
| IWD iShares Russell 1000 Value E | 0.26% | 3,867 | $787K | Reduce -3.4% |
| GLD SPDR Gold Shares | 0.26% | 2,213 | $787K | Add +19.1% |
| MCHP Microchip Technology Inc. | 0.24% | 11,590 | $744K | Reduce -23.5% |
| WEC WEC Energy Group Inc. | 0.24% | 6,495 | $744K | Add +88.3% |
| ABBV Abbvie Inc. | 0.23% | 3,095 | $717K | No change |
| BKLN Invesco Senior Loan ETF | 0.23% | 33,680 | $705K | Add +27.9% |
| TIP iShares Tips Bond ETF | 0.23% | 6,308 | $702K | Reduce -2.2% |
| XLC SS Comm Select Sector SPDR | 0.23% | 5,910 | $700K | Add +0.4% |
| LLY Eli Lilly & Co. | 0.23% | 910 | $694K | Reduce -0.7% |
| ET Energy Transfer LP | 0.22% | 39,156 | $672K | Add +1.9% |
| PKG Packaging Corp. of America | 0.21% | 3,017 | $657K | Add +8.3% |
| CBRE CBRE Group Inc. Class A | 0.21% | 4,076 | $642K | Add +10.6% |
| NEE Nextera Energy Inc. | 0.21% | 8,388 | $633K | Reduce -17.2% |
| GEV GE Vernova Inc. | 0.20% | 1,006 | $619K | Add +1142.0% |
| MCK McKesson Corp. | 0.20% | 790 | $610K | Add +378.8% |
| AMD Advanced Micro Devices | 0.20% | 3,771 | $610K | Add +19.3% |
| EQIX Equinix Inc. | 0.19% | 760 | $595K | Add +0.8% |
| EOG EOG Resources Inc. | 0.19% | 5,193 | $582K | Reduce -2.0% |
| GPC Genuine Parts Co. | 0.19% | 4,173 | $578K | Add +1.2% |
Portfolio Sells Q2 2025 → Q3 2025
| RSP Invesco S&P 500 Equal Weight | Reduce -11.8% | 2.19% | −0.36 |
| FTNT Fortinet Inc. | Reduce -19.8% | 0.42% | −0.29 |
| PULS Pgim Ultra Short Bond ETF | Reduce -20.1% | 0.60% | −0.20 |
| ISRG Intuitive Surgical Inc. | Reduce -1.4% | 0.53% | −0.17 |
| SPGP Invesco S&P 500 Garp ETF | Reduce -7.6% | 1.64% | −0.17 |
| HON Honeywell International Inc. | Reduce -2.3% | 0.75% | −0.16 |
| HYD Vaneck High Yield Muni ETF | Reduce -25.6% | 0.37% | −0.16 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -26.3% | 0.33% | −0.15 |
| MCHP Microchip Technology Inc. | Reduce -23.5% | 0.24% | −0.13 |
| MSFT Microsoft Corp. | Reduce -1.2% | 2.77% | −0.12 |
| DHR Danaher Corp. | Reduce -9.7% | 0.66% | −0.12 |
| FLOT iShares Floating Rate Bond E | Reduce -16.9% | 0.39% | −0.11 |
| PPG PPG Industries Inc. | Sold out | 0.00% | −0.11 |
| ROP Roper Technologies Inc. | Reduce -2.3% | 0.38% | −0.10 |
| ABT Abbott Laboratories | Reduce -3.9% | 0.69% | −0.09 |
| PG The Procter & Gamble Co. | Reduce -0.5% | 0.73% | −0.09 |
| BND Vanguard Total Bond Market | Reduce -7.3% | 0.59% | −0.09 |
| ESG NT Stoxx US ESG ETF | Reduce -3.8% | 1.37% | −0.09 |
| XLY SS Consumer Disc Select Sect | Reduce -38.5% | 0.12% | −0.07 |
| AMZN Amazon.com Inc. | Reduce -1.0% | 0.85% | −0.07 |
| RSG Republic Services Inc. | Reduce -2.9% | 0.28% | −0.05 |
| MA Mastercard Inc. Class A | Reduce -0.8% | 0.75% | −0.05 |
| AMGN Amgen Inc. | Reduce -2.9% | 0.53% | −0.05 |
| DD Dupont DE Nemours Inc. | Reduce -64.4% | 0.03% | −0.04 |
| XLV SS Health Care Select Sector | Reduce -71.1% | 0.02% | −0.04 |
| BDX Becton Dickinson and Co. | Reduce -21.1% | 0.16% | −0.04 |
| NEE Nextera Energy Inc. | Reduce -17.2% | 0.21% | −0.04 |
| XLP SS Consumer Staples Sel Sect | Reduce -42.7% | 0.04% | −0.04 |
| MTB M & T Bank Corp. | Reduce -1.6% | 0.54% | −0.04 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -14.0% | 0.15% | −0.04 |
| SO The Southern Co. | Reduce -0.8% | 0.71% | −0.03 |
| PZA Invesco National Amt-Free Mu | Reduce -21.3% | 0.11% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.1% | 0.49% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -6.8% | 0.11% | −0.03 |
| IHI iShares U.S. Medical Devices | Reduce -64.5% | 0.02% | −0.03 |
| EOG EOG Resources Inc. | Reduce -2.0% | 0.19% | −0.03 |
| RJF Raymond James Financial Inc. | Reduce -26.7% | 0.10% | −0.03 |
| DIS The Walt Disney Co. | Reduce -0.7% | 0.17% | −0.03 |
| PEP Pepsico Inc. | Reduce -4.9% | 0.46% | −0.03 |
| ZTS Zoetis Inc. | Reduce -4.7% | 0.14% | −0.03 |
| XLRE SS Real Estate Select Sector | Reduce -37.5% | 0.04% | −0.03 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.4% | 0.92% | −0.03 |
| PM Philip Morris International | Reduce -6.3% | 0.09% | −0.03 |
| LLY Eli Lilly & Co. | Reduce -0.7% | 0.23% | −0.02 |
| DE Deere & Co. | Reduce -0.3% | 0.10% | −0.02 |
| TIP iShares Tips Bond ETF | Reduce -2.2% | 0.23% | −0.02 |
| KO The Coca-Cola Co. | Reduce -1.1% | 0.10% | −0.02 |
| XLI SS Industrial Select Sector | Reduce -12.6% | 0.09% | −0.02 |
| IWD iShares Russell 1000 Value E | Reduce -3.4% | 0.26% | −0.02 |
| IWP iShares Russell Mid-Cap Grow | Reduce -0.8% | 0.28% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| ORCL Oracle Corp. | Add +120.3% | 0.34% | +0.21 |
| IEMG iShares Core MSCI Emerging | Add +18.1% | 1.13% | +0.19 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +3.5% | 3.68% | +0.19 |
| GEV GE Vernova Inc. | Add +1142.0% | 0.20% | +0.19 |
| NXST Nexstar Media Group Inc. | Add +2309.5% | 0.16% | +0.16 |
| MCK McKesson Corp. | Add +378.8% | 0.20% | +0.16 |
| FETH Fidelity Ethereum Fund | New | 0.15% | +0.15 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.9% | 6.83% | +0.15 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +11.0% | 1.84% | +0.14 |
| WEC WEC Energy Group Inc. | Add +88.3% | 0.24% | +0.12 |
| TSLA Tesla Inc. | Add +1.8% | 0.45% | +0.11 |
| ETHA iShares Ethereum Trust ETF | New | 0.11% | +0.11 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +6.9% | 1.58% | +0.09 |
| IEFA iShares Core MSCI Eafe ETF | Add +7.0% | 1.85% | +0.07 |
| PANW Palo Alto Networks Inc. | Add +35.0% | 0.36% | +0.07 |
| VLO Valero Energy Corp. | Add +0.1% | 0.44% | +0.07 |
| SHOP Shopify Inc. Class A | Add +10.4% | 0.27% | +0.07 |
| GLD SPDR Gold Shares | Add +19.1% | 0.26% | +0.06 |
| GOOG Alphabet Inc. Class C | Add +0.6% | 0.26% | +0.06 |
| NOC Northrop Grumman Corp. | Add +18.0% | 0.18% | +0.05 |
| HYGV NT HY Val-SCRD BD ETF | Add +10.6% | 1.34% | +0.04 |
| AMD Advanced Micro Devices | Add +19.3% | 0.20% | +0.04 |
| BMNR Bitmine Immersion Technologi | New | 0.04% | +0.04 |
| PWR Quanta Services Inc. | Add +12.2% | 0.32% | +0.04 |
| DHI D.R. Horton Inc. | Add +69.9% | 0.07% | +0.04 |
| BKLN Invesco Senior Loan ETF | Add +27.9% | 0.23% | +0.04 |
| FBCG Fidelity Blue Chip Grow ETF | Add +838.0% | 0.04% | +0.04 |
| XLK SS Technology Select Sector | Add +5.0% | 0.44% | +0.04 |
| PCAR Paccar Inc. | Add +2414.3% | 0.03% | +0.03 |
| PKG Packaging Corp. of America | Add +8.3% | 0.21% | +0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +2.7% | 1.17% | +0.03 |
| DFAX Dimensional World Ex US Core | New | 0.03% | +0.03 |
| CBRE CBRE Group Inc. Class A | Add +10.6% | 0.21% | +0.03 |
| DVY iShares Select Dividend ETF | Add +1.4% | 2.78% | +0.03 |
| GL Globe Life Inc. | Add +9.4% | 0.18% | +0.03 |
| BSCP Invesco Bulletshares 2025 CB | New | 0.02% | +0.02 |
| BHRB Burke & Herbert Financial SE | Add +96.3% | 0.05% | +0.02 |
| AVGO Broadcom Inc. | Add +7.0% | 0.13% | +0.02 |
| PICB Invesco International Corpor | Add +133.9% | 0.04% | +0.02 |
| LRCX Lam Research Corp. | Add +44.1% | 0.04% | +0.02 |
| CVS CVS Health Corp. | Add +6.2% | 0.26% | +0.02 |
| VNT Vontier Corp. | Add +46.3% | 0.05% | +0.02 |
| DFUS Dimensional US Eq MKT ETF | New | 0.02% | +0.02 |
| DFEM Dimensional Emrg MRKT Core | New | 0.02% | +0.02 |
| JAAA Janus Henderson Aaa Clo ETF | New | 0.02% | +0.02 |
| EFA iShares MSCI Eafe ETF | Add +132.4% | 0.03% | +0.01 |
| GPC Genuine Parts Co. | Add +1.2% | 0.19% | +0.01 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +3.8% | 0.33% | +0.01 |
| HD Home Depot Inc. | Add +0.6% | 0.35% | +0.01 |
| CSX CSX Corp. | Add +0.2% | 0.66% | +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 |