Fulton Breakefield Broenniman LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 16, 2024), Fulton Breakefield Broenniman LLC reported 182 stock positions worth $1.4 billion. Its top holding was Microsoft (MSFT) at 5.7% of the portfolio, followed by Apple (AAPL, 5.4%) and iShares Core S&P 500 ETF (IVV, 5.3%). Compared with Q2 2024, it opened 11 new positions, sold out of 13, added to 35 and reduced 107. The biggest buy was Nvidia (NVDA, shares +475%) and the biggest sale Johnson & Johnson (JNJ, shares −74%).
- Most Recent 13F
- Q2 2026
- Location
- Bethesda, MD
- CIK
- 0001119254
- Portfolio Value
- $1.4B (Q3 2024)
- SEC Filing
- 0001705819-24-000055 ↗ filed Oct 16, 2024
Holdings Value
Holdings 182 stocks · $1.4B
| MSFT Microsoft Corp. | 5.68% | 189,142 | $81.4M | Reduce -0.2% |
| AAPL Apple Inc. | 5.42% | 333,367 | $77.7M | Reduce -2.7% |
| IVV iShares Core S&P 500 ETF | 5.28% | 131,077 | $75.6M | Add +2.4% |
| AMZN Amazon.com Inc. | 3.58% | 275,188 | $51.3M | Add +0.3% |
| GOOGL Alphabet Inc. Class A | 3.25% | 280,584 | $46.5M | Add +3.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.88% | 89,571 | $41.2M | Add +0.3% |
| TSM Taiwan Semiconductor-SP ADR | 2.76% | 227,701 | $39.5M | Reduce -1.6% |
| IJR iShares Core S&P Small-Cap E | 2.73% | 334,752 | $39.2M | Add +0.7% |
| IJH iShares Core S&P Midcap ETF | 2.71% | 622,726 | $38.8M | Reduce -0.1% |
| AGG iShares Core U.S. Aggregate | 2.66% | 375,464 | $38.0M | Add +1.0% |
| LLY Eli Lilly & Co. | 2.64% | 42,715 | $37.8M | Reduce -2.2% |
| UNH Unitedhealth Group Inc. | 2.46% | 60,217 | $35.2M | Reduce -3.5% |
| PGR Progressive Corp. | 2.44% | 137,804 | $35.0M | Reduce -3.4% |
| V Visa Inc. Class A | 2.23% | 115,943 | $31.9M | Reduce -1.8% |
| NEE Nextera Energy Inc. | 2.22% | 375,314 | $31.7M | Reduce -1.8% |
| LOW Lowe's Cos Inc. | 2.12% | 111,948 | $30.3M | Reduce -1.4% |
| DHR Danaher Corp. | 1.94% | 99,670 | $27.7M | Reduce -1.7% |
| CWB SS SPDR BB Conv Sec ETF | 1.77% | 330,233 | $25.3M | Reduce -0.8% |
| LIN Linde PLC | 1.59% | 47,612 | $22.7M | Reduce -2.8% |
| MCD McDonald's Corp. | 1.55% | 72,676 | $22.1M | Reduce -1.8% |
| HWM Howmet Aerospace Inc. | 1.50% | 214,398 | $21.5M | Reduce -1.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.48% | 36,847 | $21.1M | Reduce -1.9% |
| ACN Accenture PLC Class A | 1.40% | 56,752 | $20.1M | Reduce -2.8% |
| ABBV Abbvie Inc. | 1.25% | 90,764 | $17.9M | Reduce -4.0% |
| ROP Roper Technologies Inc. | 1.20% | 30,812 | $17.1M | Reduce -2.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.18% | 144,099 | $16.9M | Reduce -2.1% |
| UNP Union Pacific Corp. | 1.16% | 67,553 | $16.7M | Reduce -1.3% |
| PFF iShares Preferred & Income S | 1.16% | 499,710 | $16.6M | Add +1.5% |
| CRM Salesforce Inc. | 1.15% | 60,280 | $16.5M | Reduce -3.1% |
| CHD Church & Dwight Co. Inc. | 1.13% | 155,083 | $16.2M | Reduce -1.8% |
| APO Apollo Global Management Inc. | 1.10% | 125,654 | $15.7M | Add +0.0% |
| PEP Pepsico Inc. | 1.07% | 89,946 | $15.3M | Reduce -2.4% |
| MRSH Marsh & McLennan Cos | 1.06% | 67,874 | $15.1M | Reduce -1.0% |
| NVDA Nvidia Corp. | 1.02% | 120,028 | $14.6M | Add +474.9% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.98% | 123,599 | $14.0M | Reduce -3.3% |
| ADBE Adobe Inc. | 0.97% | 26,807 | $13.9M | Reduce -3.3% |
| CVX Chevron Corp. | 0.96% | 93,372 | $13.8M | Add +0.2% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.91% | 506,361 | $13.0M | Reduce -3.8% |
| SYK Stryker Corp. | 0.90% | 35,523 | $12.8M | Add +997.4% |
| GD General Dynamics Corp. | 0.89% | 42,234 | $12.8M | Reduce -0.4% |
| ADP Automatic Data Processing | 0.87% | 45,271 | $12.5M | Reduce -2.1% |
| USIG iShares Broad Usd Investment | 0.87% | 237,876 | $12.5M | Add +7.8% |
| AXP American Express Co. | 0.85% | 44,857 | $12.2M | Add +0.7% |
| NFLX Netflix Inc. | 0.78% | 15,808 | $11.2M | Add +16.6% |
| TIP iShares Tips Bond ETF | 0.77% | 100,071 | $11.1M | Reduce -3.7% |
| AMD Advanced Micro Devices | 0.76% | 65,958 | $10.8M | Reduce -1.1% |
| IWM iShares Russell 2000 ETF | 0.75% | 48,405 | $10.7M | Reduce -4.4% |
| ASML ASML Holding NV-NY Reg SHS | 0.74% | 12,740 | $10.6M | Add +2063.0% |
| TXN Texas Instruments Inc. | 0.74% | 51,161 | $10.6M | Reduce -3.0% |
| DEO Diageo PLC-Sponsored ADR | 0.61% | 62,605 | $8.8M | Reduce -10.9% |
| VIG Vanguard Dividend Apprec ETF | 0.59% | 42,384 | $8.4M | Add +10.6% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.48% | 276,321 | $6.9M | Reduce -1.4% |
| TSLA Tesla Inc. | 0.47% | 25,558 | $6.7M | Reduce -2.8% |
| MUB iShares National Muni Bond E | 0.47% | 61,518 | $6.7M | Add +1.8% |
| IBDR iShares Ibonds Dec 2026 Term | 0.45% | 263,815 | $6.4M | Add +0.8% |
| IBDP iShares Ibonds Dec 2024 Term | 0.43% | 245,633 | $6.2M | Reduce -4.4% |
| OEF iShares S&P 100 ETF | 0.43% | 22,012 | $6.1M | Reduce -0.3% |
| NKE Nike Inc. Class B | 0.40% | 65,093 | $5.8M | Reduce -4.5% |
| JNJ Johnson & Johnson | 0.36% | 32,174 | $5.2M | Reduce -73.5% |
| VEA Vanguard Ftse Developed ETF | 0.35% | 94,249 | $5.0M | Add +5.1% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.34% | 52,403 | $4.8M | Reduce -3.6% |
| RSP Invesco S&P 500 Equal Weight | 0.32% | 25,824 | $4.6M | Reduce -1.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.28% | 8,170 | $4.0M | Add +2.1% |
| IEF iShares 7-10 Year Treasury B | 0.26% | 38,517 | $3.8M | Reduce -0.8% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.26% | 86,946 | $3.8M | Add +14.1% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.24% | 140,316 | $3.4M | Add +10.5% |
| JPM JPMorgan Chase & Co. | 0.24% | 16,214 | $3.4M | Add +142.4% |
| ENPH Enphase Energy Inc. | 0.24% | 30,217 | $3.4M | Reduce -3.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.20% | 9,995 | $2.8M | Reduce -6.4% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.18% | 103,769 | $2.6M | Add +10.5% |
| XOM Exxon Mobil Corp. | 0.16% | 19,651 | $2.3M | Reduce -1.7% |
| MAR Marriott International Class A | 0.15% | 8,461 | $2.1M | Add +15.9% |
| IWR iShares Russell Mid-Cap ETF | 0.15% | 23,585 | $2.1M | Reduce -2.2% |
| DVY iShares Select Dividend ETF | 0.14% | 15,348 | $2.1M | Reduce -4.4% |
| COST Costco Wholesale Corp. | 0.14% | 2,229 | $2.0M | Reduce -4.9% |
| ITW Illinois Tool Works | 0.14% | 7,422 | $1.9M | Reduce -1.2% |
| EXR Extra Space Storage Inc. | 0.13% | 10,523 | $1.9M | Reduce -85.3% |
| AMGN Amgen Inc. | 0.13% | 5,799 | $1.9M | Reduce -10.5% |
| GOOG Alphabet Inc. Class C | 0.13% | 10,838 | $1.8M | Reduce -1.6% |
| SCHP Schwab U.S. Tips ETF | 0.13% | 33,600 | $1.8M | Reduce -0.5% |
| IBDU iShares Ibonds Dec 2029 Term | 0.12% | 72,318 | $1.7M | Add +18.5% |
| PG The Procter & Gamble Co. | 0.12% | 9,745 | $1.7M | Reduce -4.7% |
| SPIP SS SPDR P Tips ETF | 0.11% | 61,804 | $1.6M | Add +7.9% |
| SCHM Schwab US Mid Cap ETF | 0.11% | 18,132 | $1.5M | Reduce -0.5% |
| XLK SS Technology Select Sector | 0.10% | 6,569 | $1.5M | Reduce -0.3% |
| SCHA Schwab US Small-Cap ETF | 0.09% | 24,576 | $1.3M | Reduce -1.1% |
| NOC Northrop Grumman Corp. | 0.08% | 2,246 | $1.2M | Reduce -0.5% |
| ETN Eaton Corp. PLC | 0.08% | 3,287 | $1.1M | Reduce -1.0% |
| HD Home Depot Inc. | 0.07% | 2,522 | $1.0M | Add +1.2% |
| PNC PNC Financial Services Group | 0.07% | 5,463 | $1.0M | Reduce -6.3% |
| MRK Merck & Co. Inc. | 0.07% | 8,428 | $957K | Reduce -5.8% |
| RTX RTX Corp. | 0.06% | 7,160 | $868K | No change |
| ABT Abbott Laboratories | 0.06% | 7,425 | $846K | Reduce -5.0% |
| KO The Coca-Cola Co. | 0.06% | 11,635 | $836K | Add +0.2% |
| VTWO Vanguard Russell 2000 ETF | 0.05% | 8,430 | $753K | Reduce -1.5% |
| CAT Caterpillar Inc. | 0.05% | 1,824 | $713K | Reduce -2.7% |
| ANET Arista Networks Inc. | 0.05% | 1,856 | $712K | Reduce -7.9% |
| IWB iShares Russell 1000 ETF | 0.05% | 2,232 | $702K | Reduce -1.2% |
| IWN iShares Russell 2000 Value E | 0.05% | 4,184 | $698K | No change |
| SCHX Schwab US Large-Cap ETF | 0.05% | 9,996 | $678K | Reduce -17.7% |
Portfolio Sells Q2 2024 → Q3 2024
| JNJ Johnson & Johnson | Reduce -73.5% | 0.36% | −0.95 |
| EXR Extra Space Storage Inc. | Reduce -85.3% | 0.13% | −0.69 |
| MSFT Microsoft Corp. | Reduce -0.2% | 5.68% | −0.57 |
| ALB Albemarle Corp. | Reduce -92.7% | 0.03% | −0.39 |
| LLY Eli Lilly & Co. | Reduce -2.2% | 2.64% | −0.28 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -1.6% | 2.76% | −0.21 |
| ADBE Adobe Inc. | Reduce -3.3% | 0.97% | −0.17 |
| ROP Roper Technologies Inc. | Reduce -2.2% | 1.20% | −0.11 |
| CHD Church & Dwight Co. Inc. | Reduce -1.8% | 1.13% | −0.07 |
| V Visa Inc. Class A | Reduce -1.8% | 2.23% | −0.06 |
| SJNK SS SPDR BB St Hi Yield ETF | Reduce -3.8% | 0.91% | −0.06 |
| PEP Pepsico Inc. | Reduce -2.4% | 1.07% | −0.05 |
| TIP iShares Tips Bond ETF | Reduce -3.7% | 0.77% | −0.05 |
| IBDP iShares Ibonds Dec 2024 Term | Reduce -4.4% | 0.43% | −0.04 |
| AMD Advanced Micro Devices | Reduce -1.1% | 0.76% | −0.04 |
| DEO Diageo PLC-Sponsored ADR | Reduce -10.9% | 0.61% | −0.04 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -3.3% | 0.98% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.9% | 1.48% | −0.03 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -1.4% | 0.48% | −0.03 |
| CRM Salesforce Inc. | Reduce -3.1% | 1.15% | −0.03 |
| PLD Prologis Inc. | Sold out | 0.00% | −0.03 |
| VXUS Vanguard Total Intl Stock | Sold out | 0.00% | −0.02 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -1.6% | 0.13% | −0.02 |
| BNDX Vanguard Total Intl Bond ETF | Sold out | 0.00% | −0.02 |
| INTC Intel Corp. | Sold out | 0.00% | −0.02 |
| TXN Texas Instruments Inc. | Reduce -3.0% | 0.74% | −0.02 |
| IWF iShares Russell 1000 Growth | Sold out | 0.00% | −0.02 |
| AMGN Amgen Inc. | Reduce -10.5% | 0.13% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -29.7% | 0.04% | −0.02 |
| PH Parker Hannifin Corp. | Reduce -49.8% | 0.03% | −0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.02 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −0.02 |
| VEU Vanguard Ftse All-World Ex-U | Sold out | 0.00% | −0.02 |
| PHAT Phathom Pharmaceuticals Inc. | Sold out | 0.00% | −0.02 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -3.6% | 0.34% | −0.02 |
| GD General Dynamics Corp. | Reduce -0.4% | 0.89% | −0.02 |
| MRNA Moderna Inc. | Sold out | 0.00% | −0.02 |
| BA The Boeing Co. | Reduce -6.7% | 0.04% | −0.02 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.02 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -5.8% | 0.07% | −0.01 |
| TJX TJX Companies Inc. | Reduce -2.1% | 1.18% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -6.4% | 0.20% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -4.4% | 0.75% | −0.01 |
| SNPS Synopsys Inc. | Reduce -8.0% | 0.03% | −0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -17.7% | 0.05% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -4.9% | 0.14% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -1.7% | 0.16% | −0.01 |
| MRSH Marsh & McLennan Cos | Reduce -1.0% | 1.06% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| NVDA Nvidia Corp. | Add +474.9% | 1.02% | +0.83 |
| SYK Stryker Corp. | Add +997.4% | 0.90% | +0.81 |
| ASML ASML Holding NV-NY Reg SHS | Add +2063.0% | 0.74% | +0.70 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.3% | 2.88% | +0.20 |
| JPM JPMorgan Chase & Co. | Add +142.4% | 0.24% | +0.14 |
| IJR iShares Core S&P Small-Cap E | Add +0.7% | 2.73% | +0.12 |
| IVV iShares Core S&P 500 ETF | Add +2.4% | 5.28% | +0.11 |
| NFLX Netflix Inc. | Add +16.6% | 0.78% | +0.11 |
| AXP American Express Co. | Add +0.7% | 0.85% | +0.09 |
| VIG Vanguard Dividend Apprec ETF | Add +10.6% | 0.59% | +0.07 |
| USIG iShares Broad Usd Investment | Add +7.8% | 0.87% | +0.06 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +14.1% | 0.26% | +0.03 |
| VEA Vanguard Ftse Developed ETF | Add +5.1% | 0.35% | +0.02 |
| AFL Aflac Inc. | New | 0.02% | +0.02 |
| FBIN Fortune Brands Innovations I | New | 0.02% | +0.02 |
| NVR NVR Inc. | New | 0.02% | +0.02 |
| IBDU iShares Ibonds Dec 2029 Term | Add +18.5% | 0.12% | +0.02 |
| MAR Marriott International Class A | Add +15.9% | 0.15% | +0.02 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +10.5% | 0.24% | +0.02 |
| IBDW iShares Ibonds Dec 2031 Corp. | New | 0.02% | +0.02 |
| PYPL PayPal Holdings Inc. | New | 0.02% | +0.02 |
| BMY Bristol-Myers Squibb Co. | New | 0.02% | +0.02 |
| PM Philip Morris International | New | 0.02% | +0.02 |
| ALL Allstate Corp. | New | 0.02% | +0.02 |
| PAVE Global X US Infrastructure | New | 0.01% | +0.01 |
| K Kellanova | New | 0.01% | +0.01 |
| APD Air Products & Chemicals Inc. | New | 0.01% | +0.01 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +10.5% | 0.18% | +0.01 |
| PFF iShares Preferred & Income S | Add +1.5% | 1.16% | +0.01 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +42.6% | 0.03% | +0.01 |
| HD Home Depot Inc. | Add +1.2% | 0.07% | +0.01 |
| IBM Intl Business Machines Corp. | Add +0.1% | 0.04% | +0.01 |
| SPIP SS SPDR P Tips ETF | Add +7.9% | 0.11% | +0.01 |
| AMT American Tower Corp. | Add +5.3% | 0.03% | +0.00 |
| KO The Coca-Cola Co. | Add +0.2% | 0.06% | +0.00 |
| SBUX Starbucks Corp. | Add +3.3% | 0.02% | +0.00 |
| GLD SPDR Gold Shares | Add +0.7% | 0.04% | +0.00 |
| APO Apollo Global Management Inc. | Add +0.0% | 1.10% | +0.00 |
| SCHB Schwab US Broad Market ETF | Add +0.2% | 0.02% | +0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.1% | 0.28% | −0.00 |
| MUB iShares National Muni Bond E | Add +1.8% | 0.47% | −0.01 |
| AGG iShares Core U.S. Aggregate | Add +1.0% | 2.66% | −0.01 |
| IBDR iShares Ibonds Dec 2026 Term | Add +0.8% | 0.45% | −0.01 |
| CVX Chevron Corp. | Add +0.2% | 0.96% | −0.12 |
| AMZN Amazon.com Inc. | Add +0.3% | 3.58% | −0.33 |
| GOOGL Alphabet Inc. Class A | Add +3.9% | 3.25% | −0.38 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 208 | $1.7B | IVV, VEA, AAPL, GOOGL, TSM |
| Q1 2026 | 200 | $1.5B | IVV, VEA, AAPL, MSFT, GOOGL |
| Q4 2025 | 203 | $1.6B | IVV, AAPL, MSFT, GOOGL, VEA |
| Q3 2025 | 203 | $1.5B | IVV, MSFT, AAPL, GOOGL, AMZN |
| Q2 2025 | 194 | $1.5B | IVV, MSFT, AAPL, AMZN, TSM |
| Q1 2025 | 184 | $1.4B | IVV, AAPL, MSFT, AMZN, BRK.B |
| Q4 2024 | 191 | $1.4B | AAPL, MSFT, IVV, AMZN, GOOGL |
| Q3 2024 | 182 | $1.4B | MSFT, AAPL, IVV, AMZN, GOOGL |
| Q2 2024 | 184 | $1.4B | MSFT, AAPL, IVV, AMZN, GOOGL |
| Q1 2024 | 181 | $1.3B | MSFT, IVV, AAPL, AMZN, GOOGL |