Forbes J M & Co. LLP

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 20, 2026), Forbes J M & Co. LLP reported 159 stock positions worth $1.3 billion. Its top holding was Nvidia (NVDA) at 6.5% of the portfolio, followed by Alphabet Class A (GOOGL, 5.8%) and Apple (AAPL, 5.7%). Compared with Q1 2026, it opened 8 new positions, added to 30 and reduced 62. The biggest buy was Palo Alto Networks (PANW, shares +2%) and the biggest sale iShares Gold Trust (IAU, shares −1%).

Most Recent 13F
Q2 2026
Location
Boston, MA
CIK
0001067532
Portfolio Value
$1.3B (Q2 2026)
SEC Filing
0001140361-26-028924 ↗ filed Jul 20, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $922.6M Q1 2024 Q2 2024: $975.9M Q2 2024 Q3 2024: $1.0B Q3 2024 Q4 2024: $1.0B Q4 2024 Q1 2025: $1.0B Q1 2025 Q2 2025: $1.1B Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $1.2B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $1.3B $1.3B Q2 2026

Holdings 159 stocks · $1.3B
NVDA Nvidia Corp. 6.49% 412,311 $82.5M Reduce -0.6%
GOOGL Alphabet Inc. Class A 5.76% 204,912 $73.2M Reduce -10.4%
AAPL Apple Inc. 5.65% 248,462 $71.9M Reduce -0.0%
IAU iShares Gold Trust 5.41% 911,672 $68.8M Reduce -0.8%
MSFT Microsoft Corp. 4.57% 155,852 $58.1M Reduce -0.8%
AMZN Amazon.com Inc. 3.57% 190,368 $45.4M Reduce -0.4%
AVGO Broadcom Inc. 3.51% 118,169 $44.6M Reduce -0.5%
XLE SS Energy Select Sector 3.20% 765,897 $40.7M Reduce -0.5%
XLK SS Technology Select Sector 2.62% 174,978 $33.3M No change
JPM JPMorgan Chase & Co. 2.57% 99,800 $32.7M Add +0.2%
JNJ Johnson & Johnson 2.35% 117,524 $29.8M Reduce -0.1%
BAC Bank of America Corp. 2.08% 464,349 $26.5M Reduce -0.6%
V Visa Inc. Class A 1.81% 66,993 $23.0M Reduce -0.3%
MRK Merck & Co. Inc. 1.73% 171,186 $22.0M Reduce -0.3%
VIG Vanguard Dividend Apprec ETF 1.67% 89,951 $21.3M Reduce -0.5%
WMT Walmart Inc. 1.66% 185,909 $21.1M Reduce -0.1%
KO The Coca-Cola Co. 1.60% 249,886 $20.3M Reduce -0.3%
LIN Linde PLC 1.59% 38,859 $20.2M Reduce -0.4%
NEE Nextera Energy Inc. 1.51% 218,837 $19.2M Reduce -0.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.49% 124,913 $18.9M Reduce -0.6%
PG The Procter & Gamble Co. 1.38% 120,006 $17.6M Reduce -0.4%
ETN Eaton Corp. PLC 1.35% 40,347 $17.2M Reduce -0.6%
IJH iShares Core S&P Midcap ETF 1.32% 217,362 $16.8M Reduce -0.8%
ANET Arista Networks Inc. 1.24% 93,087 $15.8M Add +27.9%
XLI SS Industrial Select Sector 1.20% 82,117 $15.2M No change
UNP Union Pacific Corp. 1.19% 55,826 $15.2M Reduce -0.5%
SPEM State Street SP PTF Em ETF 1.18% 289,824 $15.0M Reduce -0.7%
CSCO Cisco Systems Inc. 1.15% 124,210 $14.6M Add +0.3%
XLF SS Financial Select Sector 1.13% 268,854 $14.4M No change
LLY Eli Lilly & Co. 1.11% 11,795 $14.1M Reduce -0.1%
EMR Emerson Electric Co. 1.09% 97,011 $13.9M Reduce -0.5%
PANW Palo Alto Networks Inc. 1.07% 39,992 $13.6M Add +2.4%
ABT Abbott Laboratories 1.00% 140,528 $12.8M Reduce -0.5%
PEP Pepsico Inc. 0.98% 91,643 $12.4M Reduce -0.3%
IXUS iShares Core Intl Stock ETF 0.94% 124,730 $11.9M Reduce -0.6%
APH Amphenol Corp. Class A 0.87% 63,017 $11.1M Add +0.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.87% 39,376 $11.1M Reduce -0.6%
PGR Progressive Corp. 0.85% 49,513 $10.8M Reduce -0.4%
XYL Xylem Inc. 0.80% 86,564 $10.2M Reduce -0.8%
ICE Intercontinental Exchange Inc. 0.79% 81,450 $10.0M Reduce -0.7%
XLY SS Consumer Disc Select Sect 0.78% 85,054 $10.0M No change
DNA Ginkgo Bioworks Holdings Inc. 0.78% 999,911 $9.9M Reduce -2.8%
ECL Ecolab Inc. 0.75% 34,080 $9.5M Reduce -0.4%
RIO Rio Tinto PLC-Spon ADR 0.73% 97,468 $9.3M Reduce -0.7%
ITOT iShares Core S&P Total U.S. 0.73% 56,289 $9.2M Reduce -0.4%
HD Home Depot Inc. 0.71% 25,621 $9.0M Add +0.2%
XLV SS Health Care Select Sector 0.68% 54,169 $8.6M No change
VZ Verizon Communications Inc. 0.68% 202,948 $8.6M Reduce -0.4%
IBB iShares Biotechnology ETF 0.65% 43,371 $8.2M Reduce -0.7%
PLD Prologis Inc. 0.65% 60,850 $8.2M Reduce -0.4%
ORLY O'reilly Automotive Inc. 0.54% 74,522 $6.9M Reduce -0.5%
XLC SS Comm Select Sector SPDR 0.54% 63,576 $6.8M No change
BRK.B Berkshire Hathaway Inc. Class B 0.51% 12,893 $6.5M No change
META Meta Platforms Inc. Class A 0.50% 11,217 $6.3M No change
XOM Exxon Mobil Corp. 0.49% 45,215 $6.2M Add +0.9%
TSLA Tesla Inc. 0.45% 13,525 $5.7M Add +1.2%
GOOG Alphabet Inc. Class C 0.44% 15,812 $5.6M Reduce -5.3%
BDX Becton Dickinson and Co. 0.43% 36,396 $5.5M Reduce -0.1%
DSI iShares ESG MSCI KLD 400 ETF 0.33% 29,548 $4.2M Add +0.8%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.30% 85,378 $3.9M No change
INTC Intel Corp. 0.29% 26,698 $3.7M Reduce -0.4%
ABBV Abbvie Inc. 0.29% 14,460 $3.6M Add +0.1%
XLRE SS Real Estate Select Sector 0.26% 74,904 $3.3M No change
SPCX Space Exploration Techn Class A 0.22% 16,405 $2.8M New
IVV iShares Core S&P 500 ETF 0.19% 3,210 $2.4M No change
GLDM SPDR Gold Minishares Trust 0.18% 29,211 $2.3M No change
COST Costco Wholesale Corp. 0.18% 2,407 $2.3M No change
ADP Automatic Data Processing 0.17% 9,533 $2.1M Reduce -1.2%
MCD McDonald's Corp. 0.16% 7,549 $2.0M Add +0.5%
CAT Caterpillar Inc. 0.16% 1,885 $2.0M Add +35.6%
GLD SPDR Gold Shares 0.16% 5,409 $2.0M Add +0.1%
MA Mastercard Inc. Class A 0.15% 3,755 $1.9M Reduce -0.7%
ADI Analog Devices Inc. 0.11% 3,569 $1.4M Add +2.1%
RTX RTX Corp. 0.11% 7,428 $1.4M Add +0.8%
RY Royal Bank of Canada 0.09% 5,600 $1.2M No change
XLB SS Materials Select Sector 0.09% 22,610 $1.1M No change
CVX Chevron Corp. 0.09% 6,744 $1.1M Reduce -0.3%
NVCT Nuvectis Pharma Inc. 0.09% 59,000 $1.1M No change
ADBE Adobe Inc. 0.08% 5,250 $1.1M Reduce -3.6%
AXSM Axsome Therapeutics Inc. 0.07% 3,704 $907K No change
APD Air Products & Chemicals Inc. 0.07% 3,070 $900K No change
AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO 0.07% 16,558 $881K No change
SYK Stryker Corp. 0.07% 2,724 $858K Reduce -2.9%
SCHW Schwab (charles) Corp. 0.07% 9,283 $857K Reduce -2.9%
HON Honeywell International Inc. 0.07% 3,813 $854K Add +0.9%
SPY SS SPDR S&P 500 ETF Trust-US 0.07% 1,138 $850K No change
HONA Honeywell Aerospace Inc. 0.07% 3,813 $843K Add +0.9%
JPST JPMorgan Ultra-Short Income 0.06% 15,987 $808K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.06% 7,988 $769K Reduce -4.1%
CRM Salesforce Inc. 0.06% 4,890 $766K Reduce -4.9%
BBHL BBH Select Large Cap ETF 0.06% 43,862 $763K No change
BRK.A Berkshire Hathaway Inc. Class A 0.06% 1 $749K No change
CINF Cincinnati Financial Corp. 0.06% 3,983 $737K No change
PNC PNC Financial Services Group 0.06% 2,985 $735K Add +1.0%
STT State Street Corp. 0.06% 4,269 $724K No change
IBIT iShares Bitcoin Trust ETF 0.06% 21,180 $705K New
CHD Church & Dwight Co. Inc. 0.05% 7,188 $696K No change
USB US Bancorp 0.05% 11,376 $687K Reduce -0.5%
GLW Corning Inc. 0.05% 2,649 $677K Add +18.6%
ITW Illinois Tool Works 0.05% 2,399 $649K No change

Show all 159 holdings

Portfolio Sells Q1 2026 → Q2 2026
IAU iShares Gold Trust Reduce -0.8% 5.41% −1.44
XLE SS Energy Select Sector Reduce -0.5% 3.20% −0.79
ZTS Zoetis Inc. Reduce -86.2% 0.04% −0.52
MSFT Microsoft Corp. Reduce -0.8% 4.57% −0.35
ICE Intercontinental Exchange Inc. Reduce -0.7% 0.79% −0.30
WMT Walmart Inc. Reduce -0.1% 1.66% −0.30
PEP Pepsico Inc. Reduce -0.3% 0.98% −0.23
ABT Abbott Laboratories Reduce -0.5% 1.00% −0.22
NEE Nextera Energy Inc. Reduce -0.3% 1.51% −0.21
TJX TJX Companies Inc. Reduce -0.6% 1.49% −0.21
VZ Verizon Communications Inc. Reduce -0.4% 0.68% −0.19
PG The Procter & Gamble Co. Reduce -0.4% 1.38% −0.09
JNJ Johnson & Johnson Reduce -0.1% 2.35% −0.09
XYL Xylem Inc. Reduce -0.8% 0.80% −0.08
BDX Becton Dickinson and Co. Reduce -0.1% 0.43% −0.05
LIN Linde PLC Reduce -0.4% 1.59% −0.05
RIO Rio Tinto PLC-Spon ADR Reduce -0.7% 0.73% −0.05
ORLY O'reilly Automotive Inc. Reduce -0.5% 0.54% −0.05
PLD Prologis Inc. Reduce -0.4% 0.65% −0.04
INTU Intuit Inc. Reduce -22.9% 0.03% −0.03
CVX Chevron Corp. Reduce -0.3% 0.09% −0.03
ADBE Adobe Inc. Reduce -3.6% 0.08% −0.03
ECL Ecolab Inc. Reduce -0.4% 0.75% −0.02
CRM Salesforce Inc. Reduce -4.9% 0.06% −0.02
MRK Merck & Co. Inc. Reduce -0.3% 1.73% −0.02
KO The Coca-Cola Co. Reduce -0.3% 1.60% −0.02
SYK Stryker Corp. Reduce -2.9% 0.07% −0.01
NFLX Netflix Inc. Reduce -2.3% 0.02% −0.01
SCHW Schwab (charles) Corp. Reduce -2.9% 0.07% −0.01
MA Mastercard Inc. Class A Reduce -0.7% 0.15% −0.01
DIS The Walt Disney Co. Reduce -4.1% 0.06% −0.01
WY Weyerhaeuser Co. Reduce -5.0% 0.03% −0.00
ORCL Oracle Corp. Reduce -5.0% 0.03% −0.00
SPGI S&P Global Inc. Reduce -3.6% 0.02% −0.00
BX Blackstone Inc. Reduce -0.0% 0.05% −0.00
IEF iShares 7-10 Year Treasury B Reduce -1.2% 0.02% −0.00
ADP Automatic Data Processing Reduce -1.2% 0.17% +0.00
USB US Bancorp Reduce -0.5% 0.05% +0.00
GEV GE Vernova Inc. Reduce -2.6% 0.02% +0.00
GE General Electric Reduce -1.0% 0.05% +0.01
EMR Emerson Electric Co. Reduce -0.5% 1.09% +0.01
IXUS iShares Core Intl Stock ETF Reduce -0.6% 0.94% +0.02
PGR Progressive Corp. Reduce -0.4% 0.85% +0.02
SPEM State Street SP PTF Em ETF Reduce -0.7% 1.18% +0.02
IBB iShares Biotechnology ETF Reduce -0.7% 0.65% +0.02
VIG Vanguard Dividend Apprec ETF Reduce -0.5% 1.67% +0.03
GOOG Alphabet Inc. Class C Reduce -5.3% 0.44% +0.03
UNP Union Pacific Corp. Reduce -0.5% 1.19% +0.04
ITOT iShares Core S&P Total U.S. Reduce -0.4% 0.73% +0.05
IBM Intl Business Machines Corp. Reduce -0.6% 0.87% +0.06

Portfolio Buys Q1 2026 → Q2 2026
PANW Palo Alto Networks Inc. Add +2.4% 1.07% +0.54
ANET Arista Networks Inc. Add +27.9% 1.24% +0.49
CSCO Cisco Systems Inc. Add +0.3% 1.15% +0.33
SPCX Space Exploration Techn Class A New 0.22% +0.22
APH Amphenol Corp. Class A Add +0.4% 0.87% +0.20
JPM JPMorgan Chase & Co. Add +0.2% 2.57% +0.09
CAT Caterpillar Inc. Add +35.6% 0.16% +0.07
IBIT iShares Bitcoin Trust ETF New 0.06% +0.06
DSI iShares ESG MSCI KLD 400 ETF Add +0.8% 0.33% +0.03
GLW Corning Inc. Add +18.6% 0.05% +0.03
TSLA Tesla Inc. Add +1.2% 0.45% +0.03
WDC Western Digital Corp. New 0.03% +0.03
TSM Taiwan Semiconductor-SP ADR New 0.02% +0.02
ABBV Abbvie Inc. Add +0.1% 0.29% +0.02
MS Morgan Stanley New 0.02% +0.02
PRGS Progress Software Corp. New 0.02% +0.02
TD Toronto-Dominion Bank New 0.02% +0.02
AMT American Tower Corp. New 0.02% +0.02
ADI Analog Devices Inc. Add +2.1% 0.11% +0.02
Q Qnity Electronics Inc. Add +0.6% 0.03% +0.01
PNC PNC Financial Services Group Add +1.0% 0.06% +0.01
MMM 3M Co. Add +6.1% 0.04% +0.00
VEA Vanguard Ftse Developed ETF Add +0.1% 0.03% +0.00
PAYX Paychex Inc. Add +4.8% 0.02% +0.00
VWO Vanguard Ftse Emerging Marke Add +0.1% 0.02% +0.00
HD Home Depot Inc. Add +0.2% 0.71% −0.00
NSRGY Nestle SA-Spons ADR Add +1.3% 0.05% −0.00
DD Dupont DE Nemours Inc. Add +1.5% 0.02% −0.00
CTVA Corteva Inc. Add +1.5% 0.03% −0.00
HONA Honeywell Aerospace Inc. Add +0.9% 0.07% −0.00
CMCSA Comcast Corp. Class A Add +10.7% 0.04% −0.00
BMY Bristol-Myers Squibb Co. Add +0.8% 0.04% −0.01
NKE Nike Inc. Class B Add +12.9% 0.03% −0.01
RTX RTX Corp. Add +0.8% 0.11% −0.01
MCD McDonald's Corp. Add +0.5% 0.16% −0.04
GLD SPDR Gold Shares Add +0.1% 0.16% −0.04
HON Honeywell International Inc. Add +0.9% 0.07% −0.08
XOM Exxon Mobil Corp. Add +0.9% 0.49% −0.16

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 159$1.3BNVDA, GOOGL, AAPL, IAU, MSFT
Q1 2026 150$1.2BIAU, NVDA, GOOGL, AAPL, MSFT
Q4 2025 141$1.2BIAU, NVDA, MSFT, GOOGL, AAPL
Q3 2025 140$1.2BIAU, MSFT, NVDA, AAPL, GOOGL
Q2 2025 141$1.1BMSFT, IAU, NVDA, AAPL, AMZN
Q1 2025 139$1.0BIAU, MSFT, AAPL, NVDA, AMZN
Q4 2024 141$1.0BIAU, MSFT, AAPL, NVDA, GOOGL
Q3 2024 138$1.0BIAU, MSFT, NVDA, AAPL, GOOGL
Q2 2024 133$975.9MMSFT, IAU, NVDA, AAPL, GOOGL
Q1 2024 131$922.6MMSFT, IAU, NVDA, AAPL, XLE