Franklin Street Advisors Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 9, 2025), Franklin Street Advisors Inc. reported 169 stock positions worth $1.7 billion. Its top holding was Nvidia (NVDA) at 7.6% of the portfolio, followed by Microsoft (MSFT, 6.6%) and Apple (AAPL, 6.4%). Compared with Q2 2025, it opened 8 new positions, sold out of 12, added to 42 and reduced 64. The biggest buy was Thermo Fisher Scientific (TMO, shares +542%) and the biggest sale an exit from Intuitive Surgical (ISRG).
- Most Recent 13F
- Q2 2026
- Location
- CHAPEL HILL, NC
- CIK
- 0001010873
- Portfolio Value
- $1.7B (Q3 2025)
- SEC Filing
- 0001010873-25-000007 ↗ filed Oct 9, 2025
Holdings Value
Holdings 169 stocks · $1.7B
| NVDA Nvidia Corp. | 7.61% | 708,328 | $132.2M | Reduce -6.7% |
| MSFT Microsoft Corp. | 6.64% | 222,393 | $115.2M | Reduce -0.5% |
| AAPL Apple Inc. | 6.36% | 433,509 | $110.4M | Add +0.0% |
| GOOG Alphabet Inc. Class C | 4.84% | 344,863 | $84.0M | Add +2.0% |
| AMZN Amazon.com Inc. | 4.17% | 330,043 | $72.5M | Add +9.8% |
| META Meta Platforms Inc. Class A | 3.52% | 83,171 | $61.1M | Reduce -0.3% |
| AVGO Broadcom Inc. | 3.50% | 184,394 | $60.8M | Reduce -7.7% |
| TMO Thermo Fisher Scientific Inc. | 2.91% | 104,094 | $50.5M | Add +541.7% |
| ORCL Oracle Corp. | 2.79% | 172,038 | $48.4M | Reduce -7.0% |
| JPM JPMorgan Chase & Co. | 2.66% | 146,551 | $46.2M | Add +0.6% |
| GS Goldman Sachs Group Inc. | 2.51% | 54,752 | $43.6M | Add +1.7% |
| CG The Carlyle Group Inc. | 2.43% | 672,815 | $42.2M | Add +1.0% |
| ABBV Abbvie Inc. | 2.38% | 178,664 | $41.4M | Add +3.2% |
| DASH DoorDash Inc. Class A | 2.28% | 145,214 | $39.5M | Reduce -2.2% |
| BLK BlackRock Inc. | 2.26% | 33,630 | $39.2M | Add +0.3% |
| RTX RTX Corp. | 1.98% | 205,290 | $34.4M | Reduce -0.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.84% | 221,468 | $32.0M | Add +9.6% |
| CME Cme Group Inc. | 1.76% | 113,310 | $30.6M | Reduce -3.8% |
| ETN Eaton Corp. PLC | 1.70% | 79,073 | $29.6M | Add +5.8% |
| AXP American Express Co. | 1.62% | 84,483 | $28.1M | No change |
| PEP Pepsico Inc. | 1.58% | 194,722 | $27.3M | Add +3459.2% |
| PANW Palo Alto Networks Inc. | 1.55% | 132,181 | $26.9M | Add +28.5% |
| LIN Linde PLC | 1.48% | 54,001 | $25.7M | Add +0.7% |
| AFL Aflac Inc. | 1.44% | 224,168 | $25.0M | Reduce -2.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.43% | 49,356 | $24.8M | Reduce -0.5% |
| CTAS Cintas Corp. | 1.41% | 119,661 | $24.6M | Add +1.0% |
| MLM Martin Marietta Materials | 1.39% | 38,292 | $24.1M | Add +1.1% |
| IDXX Idexx Laboratories Inc. | 1.35% | 36,714 | $23.5M | Add +4.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.29% | 196,296 | $22.5M | Reduce -9.4% |
| BMY Bristol-Myers Squibb Co. | 1.21% | 467,160 | $21.1M | Reduce -1.2% |
| COST Costco Wholesale Corp. | 1.12% | 21,019 | $19.5M | Reduce -6.3% |
| WMT Walmart Inc. | 1.10% | 185,421 | $19.1M | Reduce -0.8% |
| XOM Exxon Mobil Corp. | 0.99% | 153,079 | $17.3M | Add +4.8% |
| ZTS Zoetis Inc. | 0.95% | 112,773 | $16.5M | Add +5.7% |
| LOW Lowe's Cos Inc. | 0.91% | 63,025 | $15.8M | Add +123.7% |
| LNG Cheniere Energy Inc. | 0.89% | 65,484 | $15.4M | Add +6.0% |
| SPOT Spotify Technology SA | 0.89% | 22,029 | $15.4M | New |
| ARM Arm Holdings PLC-ADR | 0.87% | 106,540 | $15.1M | Add +0.8% |
| CMI Cummins Inc. | 0.86% | 35,344 | $14.9M | Add +2.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.79% | 48,532 | $13.7M | Add +1.7% |
| ENB Enbridge Inc. | 0.69% | 237,236 | $12.0M | Add +2.5% |
| QCOM Qualcomm Inc. | 0.68% | 70,495 | $11.7M | Reduce -0.9% |
| CSCO Cisco Systems Inc. | 0.59% | 150,029 | $10.3M | Add +93.0% |
| DLR Digital Realty Trust Inc. | 0.56% | 56,154 | $9.7M | Reduce -11.8% |
| PG The Procter & Gamble Co. | 0.49% | 55,628 | $8.5M | Reduce -12.4% |
| GOOGL Alphabet Inc. Class A | 0.41% | 29,601 | $7.2M | Reduce -0.5% |
| EVRG Evergy Inc. | 0.40% | 90,540 | $6.9M | Add +3.3% |
| MCD McDonald's Corp. | 0.36% | 20,657 | $6.3M | Add +11.9% |
| MDT Medtronic PLC | 0.28% | 51,871 | $4.9M | Add +2.7% |
| VZ Verizon Communications Inc. | 0.28% | 109,930 | $4.8M | Reduce -28.8% |
| ADBE Adobe Inc. | 0.26% | 12,966 | $4.6M | Reduce -0.6% |
| MS Morgan Stanley | 0.23% | 25,000 | $4.0M | No change |
| CBOE Cboe Global Markets Inc. | 0.22% | 15,828 | $3.9M | No change |
| EMR Emerson Electric Co. | 0.22% | 28,797 | $3.8M | Add +1.0% |
| TXN Texas Instruments Inc. | 0.21% | 20,293 | $3.7M | No change |
| JNJ Johnson & Johnson | 0.21% | 19,246 | $3.6M | Reduce -2.9% |
| IEX Idex Corp. | 0.19% | 20,125 | $3.3M | Reduce -16.6% |
| DUK Duke Energy Corp. | 0.18% | 25,557 | $3.2M | Reduce -1.0% |
| WFC Wells Fargo & Co. | 0.18% | 37,606 | $3.2M | Reduce -11.7% |
| CAT Caterpillar Inc. | 0.17% | 6,071 | $2.9M | Reduce -4.7% |
| CVX Chevron Corp. | 0.16% | 18,100 | $2.8M | Reduce -0.7% |
| RY Royal Bank of Canada | 0.14% | 16,030 | $2.4M | No change |
| KKR KKR & Co. Inc. | 0.13% | 17,547 | $2.3M | No change |
| DVY iShares Select Dividend ETF | 0.13% | 16,000 | $2.3M | No change |
| MRK Merck & Co. Inc. | 0.12% | 25,328 | $2.1M | Reduce -15.2% |
| GD General Dynamics Corp. | 0.11% | 5,850 | $2.0M | No change |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.11% | 22,754 | $2.0M | No change |
| HD Home Depot Inc. | 0.09% | 3,810 | $1.5M | Reduce -83.5% |
| HON Honeywell International Inc. | 0.09% | 7,192 | $1.5M | Reduce -0.9% |
| NSC Norfolk Southern Corp. | 0.09% | 5,000 | $1.5M | Reduce -55.4% |
| ETW Eaton Vance T/M GLBL Buy-WR | 0.08% | 150,334 | $1.4M | No change |
| MO Altria Group Inc. | 0.07% | 19,119 | $1.3M | Reduce -2.4% |
| SCHW Schwab (charles) Corp. | 0.07% | 13,010 | $1.2M | Reduce -0.4% |
| PFE Pfizer Inc. | 0.07% | 46,331 | $1.2M | Reduce -15.5% |
| PM Philip Morris International | 0.07% | 7,149 | $1.2M | Add +1.6% |
| BX Blackstone Inc. | 0.07% | 6,705 | $1.1M | Add +9.6% |
| WM Waste Management Inc. | 0.07% | 5,167 | $1.1M | Reduce -8.4% |
| ABT Abbott Laboratories | 0.06% | 8,245 | $1.1M | Reduce -15.9% |
| SUPN Supernus Pharmaceuticals Inc. | 0.06% | 20,000 | $956K | No change |
| VIS Vanguard Industrials ETF | 0.05% | 3,157 | $935K | No change |
| NEE Nextera Energy Inc. | 0.05% | 12,281 | $927K | Add +0.9% |
| SYK Stryker Corp. | 0.05% | 2,447 | $905K | Add +2.2% |
| AMGN Amgen Inc. | 0.05% | 3,172 | $895K | Reduce -6.1% |
| GILD Gilead Sciences Inc. | 0.05% | 7,452 | $827K | Reduce -1.3% |
| T AT&T Inc. | 0.05% | 28,965 | $818K | Reduce -3.5% |
| SBR Sabine Royalty Trust | 0.05% | 10,081 | $801K | No change |
| ECL Ecolab Inc. | 0.05% | 2,918 | $799K | Reduce -6.1% |
| PTGX Protagonist Therapeutics Inc. | 0.04% | 11,300 | $751K | No change |
| DKNG Draftkings Inc. Class A | 0.04% | 20,000 | $748K | No change |
| SO The Southern Co. | 0.04% | 7,783 | $738K | Add +10.6% |
| TRV The Travelers Cos Inc. | 0.04% | 2,479 | $692K | Reduce -3.9% |
| MDLZ Mondelez International Inc. Class A | 0.04% | 10,921 | $682K | Add +15.9% |
| EWT iShares MSCI Taiwan ETF | 0.04% | 10,000 | $636K | No change |
| NFLX Netflix Inc. | 0.04% | 525 | $629K | Add +0.8% |
| AMAT Applied Materials Inc. | 0.04% | 3,026 | $620K | Reduce -9.0% |
| UNH Unitedhealth Group Inc. | 0.03% | 1,731 | $598K | Reduce -12.4% |
| LLY Eli Lilly & Co. | 0.03% | 778 | $594K | Reduce -96.7% |
| FERG Ferguson Enterprises Inc. | 0.03% | 2,593 | $582K | No change |
| BKNG Booking Holdings Inc. | 0.03% | 106 | $572K | No change |
| HUN Huntsman Corp. | 0.03% | 62,500 | $561K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $6K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | 81,364 | $6K | New |
Total filed on the 13F, all lines: $1.7B.
Portfolio Sells Q2 2025 → Q3 2025
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −1.43 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −1.41 |
| CRM Salesforce Inc. | Reduce -97.6% | 0.03% | −1.32 |
| LLY Eli Lilly & Co. | Reduce -96.7% | 0.03% | −1.11 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −1.09 |
| HD Home Depot Inc. | Reduce -83.5% | 0.09% | −0.44 |
| DIS The Walt Disney Co. | Reduce -9.4% | 1.29% | −0.37 |
| KO The Coca-Cola Co. | Reduce -90.1% | 0.03% | −0.32 |
| META Meta Platforms Inc. Class A | Reduce -0.3% | 3.52% | −0.29 |
| MSFT Microsoft Corp. | Reduce -0.5% | 6.64% | −0.25 |
| COST Costco Wholesale Corp. | Reduce -6.3% | 1.12% | −0.25 |
| CME Cme Group Inc. | Reduce -3.8% | 1.76% | −0.25 |
| BMY Bristol-Myers Squibb Co. | Reduce -1.2% | 1.21% | −0.14 |
| VZ Verizon Communications Inc. | Reduce -28.8% | 0.28% | −0.14 |
| PG The Procter & Gamble Co. | Reduce -12.4% | 0.49% | −0.13 |
| DLR Digital Realty Trust Inc. | Reduce -11.8% | 0.56% | −0.13 |
| NSC Norfolk Southern Corp. | Reduce -55.4% | 0.09% | −0.09 |
| IEX Idex Corp. | Reduce -16.6% | 0.19% | −0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.5% | 1.43% | −0.06 |
| AFL Aflac Inc. | Reduce -2.6% | 1.44% | −0.06 |
| ADBE Adobe Inc. | Reduce -0.6% | 0.26% | −0.05 |
| PBNC PB Finl Corp. | Reduce -65.2% | 0.02% | −0.04 |
| BCRX Biocryst Pharmaceuticals Inc. | Sold out | 0.00% | −0.03 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.03 |
| WMT Walmart Inc. | Reduce -0.8% | 1.10% | −0.03 |
| WFC Wells Fargo & Co. | Reduce -11.7% | 0.18% | −0.03 |
| QCOM Qualcomm Inc. | Reduce -0.9% | 0.68% | −0.03 |
| CALL (AMZN) AMAZON.COM INC 07/ | Sold out | 0.00% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -15.2% | 0.12% | −0.02 |
| ABT Abbott Laboratories | Reduce -15.9% | 0.06% | −0.02 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −0.02 |
| HON Honeywell International Inc. | Reduce -0.9% | 0.09% | −0.02 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.02 |
| YUM Yum! Brands Inc. | Sold out | 0.00% | −0.02 |
| GPC Genuine Parts Co. | Sold out | 0.00% | −0.02 |
| PFE Pfizer Inc. | Reduce -15.5% | 0.07% | −0.01 |
| WM Waste Management Inc. | Reduce -8.4% | 0.07% | −0.01 |
| PAYX Paychex Inc. | Sold out | 0.00% | −0.01 |
| UPS United Parcel Service Class B | Reduce -37.8% | 0.01% | −0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.01 |
| PGR Progressive Corp. | Reduce -36.5% | 0.01% | −0.01 |
| DHR Danaher Corp. | Reduce -18.9% | 0.03% | −0.01 |
| AMGN Amgen Inc. | Reduce -6.1% | 0.05% | −0.01 |
| V Visa Inc. Class A | Reduce -18.3% | 0.02% | −0.01 |
| T AT&T Inc. | Reduce -3.5% | 0.05% | −0.01 |
| DUK Duke Energy Corp. | Reduce -1.0% | 0.18% | −0.01 |
| AEP American Electric Power | Reduce -18.1% | 0.03% | −0.01 |
| ECL Ecolab Inc. | Reduce -6.1% | 0.05% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -12.8% | 0.01% | −0.01 |
| KR Kroger Co. | Reduce -2.6% | 0.03% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| TMO Thermo Fisher Scientific Inc. | Add +541.7% | 2.91% | +2.50 |
| PEP Pepsico Inc. | Add +3459.2% | 1.58% | +1.53 |
| GOOG Alphabet Inc. Class C | Add +2.0% | 4.84% | +1.12 |
| SPOT Spotify Technology SA | New | 0.89% | +0.89 |
| AAPL Apple Inc. | Add +0.0% | 6.36% | +0.85 |
| LOW Lowe's Cos Inc. | Add +123.7% | 0.91% | +0.53 |
| ABBV Abbvie Inc. | Add +3.2% | 2.38% | +0.39 |
| CG The Carlyle Group Inc. | Add +1.0% | 2.43% | +0.31 |
| TJX TJX Companies Inc. | Add +9.6% | 1.84% | +0.30 |
| CSCO Cisco Systems Inc. | Add +93.0% | 0.59% | +0.26 |
| PANW Palo Alto Networks Inc. | Add +28.5% | 1.55% | +0.25 |
| IDXX Idexx Laboratories Inc. | Add +4.5% | 1.35% | +0.18 |
| CMI Cummins Inc. | Add +2.0% | 0.86% | +0.16 |
| GS Goldman Sachs Group Inc. | Add +1.7% | 2.51% | +0.15 |
| MLM Martin Marietta Materials | Add +1.1% | 1.39% | +0.10 |
| AMZN Amazon.com Inc. | Add +9.8% | 4.17% | +0.09 |
| BLK BlackRock Inc. | Add +0.3% | 2.26% | +0.08 |
| ETN Eaton Corp. PLC | Add +5.8% | 1.70% | +0.05 |
| JPM JPMorgan Chase & Co. | Add +0.6% | 2.66% | +0.05 |
| ENB Enbridge Inc. | Add +2.5% | 0.69% | +0.04 |
| CALL (AXSM) AXSOME THERAPEUTIC | New | 0.03% | +0.03 |
| MCD McDonald's Corp. | Add +11.9% | 0.36% | +0.03 |
| EVRG Evergy Inc. | Add +3.3% | 0.40% | +0.02 |
| XOM Exxon Mobil Corp. | Add +4.8% | 0.99% | +0.02 |
| CDW CDW Corp. | New | 0.02% | +0.02 |
| CALL (AXSM) AXSOME THERAPEUTIC | New | 0.02% | +0.02 |
| GLW Corning Inc. | New | 0.01% | +0.01 |
| MU Micron Technology Inc. | New | 0.01% | +0.01 |
| ALLE Allegion PLC | New | 0.01% | +0.01 |
| IAU iShares Gold Trust | New | 0.01% | +0.01 |
| MDT Medtronic PLC | Add +2.7% | 0.28% | +0.01 |
| BX Blackstone Inc. | Add +9.6% | 0.07% | +0.01 |
| BDX Becton Dickinson and Co. | Add +37.8% | 0.02% | +0.01 |
| AVY Avery Dennison Corp. | Add +30.7% | 0.02% | +0.00 |
| SO The Southern Co. | Add +10.6% | 0.04% | +0.00 |
| NEE Nextera Energy Inc. | Add +0.9% | 0.05% | +0.00 |
| MDLZ Mondelez International Inc. Class A | Add +15.9% | 0.04% | 0.00 |
| CARR Carrier Global Corp. | Add +13.2% | 0.02% | −0.00 |
| ADP Automatic Data Processing | Add +1.1% | 0.03% | −0.00 |
| KMX Carmax Inc. | Add +18.6% | 0.01% | −0.00 |
| SYK Stryker Corp. | Add +2.2% | 0.05% | −0.01 |
| NFLX Netflix Inc. | Add +0.8% | 0.04% | −0.01 |
| PM Philip Morris International | Add +1.6% | 0.07% | −0.01 |
| EMR Emerson Electric Co. | Add +1.0% | 0.22% | −0.02 |
| LNG Cheniere Energy Inc. | Add +6.0% | 0.89% | −0.05 |
| ZTS Zoetis Inc. | Add +5.7% | 0.95% | −0.08 |
| LIN Linde PLC | Add +0.7% | 1.48% | −0.08 |
| IBM Intl Business Machines Corp. | Add +1.7% | 0.79% | −0.08 |
| ARM Arm Holdings PLC-ADR | Add +0.8% | 0.87% | −0.19 |
| CTAS Cintas Corp. | Add +1.0% | 1.41% | −0.22 |
Notes & Other Activity Q2 2025 → Q3 2025
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | New | 81,364 | $6K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 176 | $1.8B | NVDA, AAPL, MSFT, GOOG, AVGO |
| Q1 2026 | 172 | $1.6B | NVDA, AAPL, MSFT, GOOG, AVGO |
| Q4 2025 | 173 | $1.8B | NVDA, AAPL, MSFT, GOOG, AMZN |
| Q3 2025 | 169 | $1.7B | NVDA, MSFT, AAPL, GOOG, AMZN |
| Q2 2025 | 173 | $1.6B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 166 | $1.4B | AAPL, MSFT, NVDA, AMZN, GOOG |
| Q4 2024 | 168 | $1.5B | AAPL, NVDA, MSFT, GOOG, AMZN |
| Q3 2024 | 167 | $1.5B | AAPL, MSFT, NVDA, GOOG, AMZN |
| Q2 2024 | 173 | $1.4B | MSFT, NVDA, AAPL, GOOG, AMZN |
| Q1 2024 | 169 | $1.4B | MSFT, NVDA, AAPL, GOOG, AMZN |