Fulton Breakefield Broenniman LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 27, 2026), Fulton Breakefield Broenniman LLC reported 200 stock positions worth $1.5 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 9.9% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 5.0%) and Apple (AAPL, 5.0%). Compared with Q4 2025, it opened 12 new positions, sold out of 15, added to 67 and reduced 89. The biggest buy was SPDR Gold Minishares Trust (GLDM, shares +170%) and the biggest sale Amazon.com (AMZN, shares −20%).
- Most Recent 13F
- Q2 2026
- Location
- Bethesda, MD
- CIK
- 0001119254
- Portfolio Value
- $1.5B (Q1 2026)
- SEC Filing
- 0001705819-26-000029 ↗ filed Apr 27, 2026
Holdings Value
Holdings 200 stocks · $1.5B
| IVV iShares Core S&P 500 ETF | 9.87% | 231,529 | $151.2M | Add +9.3% |
| VEA Vanguard Ftse Developed ETF | 4.99% | 1,192,727 | $76.4M | Add +9.4% |
| AAPL Apple Inc. | 4.96% | 299,899 | $76.1M | Reduce -11.6% |
| MSFT Microsoft Corp. | 4.30% | 178,228 | $66.0M | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 4.18% | 222,776 | $64.1M | Reduce -11.9% |
| IJH iShares Core S&P Midcap ETF | 3.94% | 893,997 | $60.4M | Add +35.8% |
| IJR iShares Core S&P Small-Cap E | 3.56% | 439,606 | $54.6M | Add +30.1% |
| TSM Taiwan Semiconductor-SP ADR | 3.54% | 160,797 | $54.3M | Reduce -23.0% |
| AMZN Amazon.com Inc. | 3.11% | 228,943 | $47.7M | Reduce -19.7% |
| NVDA Nvidia Corp. | 2.96% | 260,419 | $45.4M | Add +5.6% |
| AGG iShares Core U.S. Aggregate | 2.58% | 398,229 | $39.5M | Add +2.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.34% | 267,061 | $35.8M | Add +204.3% |
| USIG iShares Broad Usd Investment | 2.19% | 653,841 | $33.5M | Add +1.3% |
| GLDM SPDR Gold Minishares Trust | 2.06% | 340,943 | $31.6M | Add +170.3% |
| HWM Howmet Aerospace Inc. | 1.90% | 126,527 | $29.2M | Reduce -1.3% |
| LLY Eli Lilly & Co. | 1.83% | 30,562 | $28.1M | Reduce -0.1% |
| V Visa Inc. Class A | 1.65% | 83,862 | $25.3M | Reduce -18.1% |
| LIN Linde PLC | 1.46% | 45,139 | $22.4M | Reduce -0.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.45% | 139,653 | $22.3M | Reduce -0.5% |
| PGR Progressive Corp. | 1.42% | 109,980 | $21.8M | Add +0.1% |
| NEE Nextera Energy Inc. | 1.37% | 225,967 | $21.0M | Reduce -19.5% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 1.26% | 14,584 | $19.3M | Reduce -3.8% |
| LOW Lowe's Cos Inc. | 1.21% | 78,746 | $18.6M | Reduce -27.9% |
| ABBV Abbvie Inc. | 1.18% | 83,033 | $18.1M | Reduce -2.0% |
| AVGO Broadcom Inc. | 1.15% | 56,941 | $17.6M | Add +606.7% |
| JPM JPMorgan Chase & Co. | 1.13% | 58,942 | $17.3M | Add +0.4% |
| SYK Stryker Corp. | 1.05% | 49,039 | $16.1M | Reduce -2.2% |
| NFLX Netflix Inc. | 1.04% | 166,419 | $16.0M | Add +1.5% |
| MCD McDonald's Corp. | 1.00% | 49,257 | $15.3M | Reduce -1.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.98% | 22,996 | $15.0M | Reduce -1.0% |
| GD General Dynamics Corp. | 0.93% | 41,538 | $14.3M | Add +0.0% |
| AXP American Express Co. | 0.91% | 46,253 | $14.0M | Add +0.0% |
| EOG EOG Resources Inc. | 0.91% | 96,094 | $13.9M | Reduce -0.6% |
| VIG Vanguard Dividend Apprec ETF | 0.91% | 64,589 | $13.9M | Add +1.6% |
| APO Apollo Global Management Inc. | 0.89% | 122,236 | $13.6M | Reduce -2.3% |
| PFF iShares Preferred & Income S | 0.81% | 409,668 | $12.4M | Add +0.3% |
| UNH Unitedhealth Group Inc. | 0.75% | 42,660 | $11.5M | Reduce -5.3% |
| IWM iShares Russell 2000 ETF | 0.65% | 40,270 | $10.0M | Reduce -1.5% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.65% | 396,609 | $9.9M | Reduce -2.8% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.63% | 88,546 | $9.7M | Reduce -1.8% |
| WCN Waste Connections Inc. | 0.62% | 58,649 | $9.5M | Reduce -1.1% |
| SPGI S&P Global Inc. | 0.60% | 21,786 | $9.3M | Reduce -3.1% |
| DHR Danaher Corp. | 0.57% | 45,946 | $8.7M | Reduce -4.9% |
| VRT Vertiv Holdings Co. Class A | 0.55% | 33,727 | $8.5M | Reduce -0.9% |
| TIP iShares Tips Bond ETF | 0.55% | 75,812 | $8.4M | Reduce -2.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.53% | 14,198 | $8.2M | Add +9.9% |
| GWW WW Grainger Inc. | 0.53% | 7,431 | $8.1M | Add +0.2% |
| HLT Hilton Worldwide Holdings Inc. | 0.49% | 24,663 | $7.5M | Add +0.8% |
| MUB iShares National Muni Bond E | 0.48% | 69,324 | $7.4M | Add +10.3% |
| META Meta Platforms Inc. Class A | 0.44% | 11,917 | $6.8M | Add +710.7% |
| IBDR iShares Ibonds Dec 2026 Term | 0.39% | 248,643 | $6.0M | Reduce -3.9% |
| RSP Invesco S&P 500 Equal Weight | 0.37% | 29,282 | $5.6M | Add +17.2% |
| SAP Sap SE-Sponsored ADR | 0.36% | 31,993 | $5.5M | Reduce -7.0% |
| SPOT Spotify Technology SA | 0.36% | 11,265 | $5.5M | Reduce -4.7% |
| CVX Chevron Corp. | 0.35% | 25,663 | $5.3M | Reduce -0.9% |
| OEF iShares S&P 100 ETF | 0.33% | 15,941 | $5.1M | Reduce -3.3% |
| JNJ Johnson & Johnson | 0.33% | 20,721 | $5.1M | Add +0.1% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.32% | 48,459 | $4.9M | Reduce -1.4% |
| TSLA Tesla Inc. | 0.30% | 12,424 | $4.6M | Add +0.1% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.30% | 189,888 | $4.6M | Add +6.7% |
| SPIP SS SPDR P Tips ETF | 0.28% | 164,026 | $4.3M | Add +1.4% |
| NOW ServiceNow Inc. | 0.27% | 38,917 | $4.1M | Add +0.4% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.27% | 160,393 | $4.1M | Add +8.2% |
| GOOG Alphabet Inc. Class C | 0.26% | 14,122 | $4.1M | Add +0.6% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.24% | 86,843 | $3.7M | Add +5.2% |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.24% | 165,622 | $3.6M | Add +7.3% |
| IBDU iShares Ibonds Dec 2029 Term | 0.22% | 145,005 | $3.4M | New |
| DVY iShares Select Dividend ETF | 0.22% | 21,817 | $3.3M | Add +149.4% |
| XOM Exxon Mobil Corp. | 0.20% | 17,823 | $3.0M | Reduce -1.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.20% | 9,380 | $3.0M | Add +3.7% |
| COST Costco Wholesale Corp. | 0.17% | 2,674 | $2.7M | Reduce -6.8% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.17% | 121,392 | $2.5M | Add +11.8% |
| MAR Marriott International Class A | 0.16% | 7,606 | $2.5M | Reduce -1.5% |
| ETN Eaton Corp. PLC | 0.15% | 6,240 | $2.2M | Reduce -3.0% |
| ITW Illinois Tool Works | 0.14% | 8,150 | $2.1M | Add +4.7% |
| AMGN Amgen Inc. | 0.13% | 5,785 | $2.0M | Reduce -1.6% |
| IBDX iShares Ibonds Dec 2032 TC | 0.13% | 78,490 | $2.0M | Add +12.7% |
| TXN Texas Instruments Inc. | 0.11% | 8,421 | $1.6M | Reduce -0.8% |
| SCHP Schwab U.S. Tips ETF | 0.10% | 59,494 | $1.6M | No change |
| SCHM Schwab US Mid Cap ETF | 0.10% | 51,065 | $1.6M | Add +0.1% |
| XLK SS Technology Select Sector | 0.10% | 11,736 | $1.6M | Add +1.6% |
| IBDY iShares Ibonds Dec 2033 Corp. | 0.10% | 58,803 | $1.5M | Add +16.1% |
| IEF iShares 7-10 Year Treasury B | 0.09% | 14,125 | $1.3M | Reduce -3.0% |
| SCHA Schwab US Small-Cap ETF | 0.09% | 45,115 | $1.3M | Reduce -1.8% |
| RTX RTX Corp. | 0.08% | 6,731 | $1.3M | Add +1.3% |
| CAT Caterpillar Inc. | 0.08% | 1,823 | $1.3M | Reduce -5.8% |
| PG The Procter & Gamble Co. | 0.08% | 8,840 | $1.3M | Add +6.4% |
| CHD Church & Dwight Co. Inc. | 0.08% | 12,969 | $1.2M | Reduce -52.6% |
| NOC Northrop Grumman Corp. | 0.07% | 1,650 | $1.1M | Reduce -2.9% |
| MRK Merck & Co. Inc. | 0.07% | 9,040 | $1.1M | Add +20.4% |
| GLD SPDR Gold Shares | 0.07% | 2,485 | $1.1M | Reduce -0.5% |
| UNP Union Pacific Corp. | 0.07% | 4,387 | $1.1M | Reduce -92.8% |
| PEP Pepsico Inc. | 0.07% | 6,703 | $1.0M | Reduce -20.1% |
| WMT Walmart Inc. | 0.07% | 8,228 | $1.0M | No change |
| IBDZ ISHARESIBONDSDEC2034TMCORP | 0.06% | 36,664 | $955K | Add +37.0% |
| KO The Coca-Cola Co. | 0.06% | 12,511 | $951K | Add +11.6% |
| HD Home Depot Inc. | 0.06% | 2,883 | $948K | Add +9.5% |
| SHOP Shopify Inc. Class A | 0.06% | 7,736 | $918K | Add +14.4% |
| VOO Vanguard S&P 500 ETF | 0.06% | 1,432 | $856K | Add +24.5% |
| IWR iShares Russell Mid-Cap ETF | 0.05% | 8,297 | $807K | Reduce -7.3% |
Portfolio Sells Q4 2025 → Q1 2026
| AMZN Amazon.com Inc. | Reduce -19.7% | 3.11% | −1.05 |
| AAPL Apple Inc. | Reduce -11.6% | 4.96% | −0.86 |
| UNP Union Pacific Corp. | Reduce -92.8% | 0.07% | −0.82 |
| GOOGL Alphabet Inc. Class A | Reduce -11.9% | 4.18% | −0.82 |
| V Visa Inc. Class A | Reduce -18.1% | 1.65% | −0.61 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -23.0% | 3.54% | −0.46 |
| LOW Lowe's Cos Inc. | Reduce -27.9% | 1.21% | −0.45 |
| APO Apollo Global Management Inc. | Reduce -2.3% | 0.89% | −0.25 |
| LLY Eli Lilly & Co. | Reduce -0.1% | 1.83% | −0.24 |
| IBMR iShares Ibonds Dec 2029 M BD | Sold out | 0.00% | −0.19 |
| UNH Unitedhealth Group Inc. | Reduce -5.3% | 0.75% | −0.19 |
| SAP Sap SE-Sponsored ADR | Reduce -7.0% | 0.36% | −0.17 |
| SPGI S&P Global Inc. | Reduce -3.1% | 0.60% | −0.14 |
| DHR Danaher Corp. | Reduce -4.9% | 0.57% | −0.13 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.10 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.08 |
| SPOT Spotify Technology SA | Reduce -4.7% | 0.36% | −0.08 |
| CHD Church & Dwight Co. Inc. | Reduce -52.6% | 0.08% | −0.07 |
| ROP Roper Technologies Inc. | Reduce -60.2% | 0.03% | −0.07 |
| SYK Stryker Corp. | Reduce -2.2% | 1.05% | −0.06 |
| EXR Extra Space Storage Inc. | Sold out | 0.00% | −0.06 |
| NEE Nextera Energy Inc. | Reduce -19.5% | 1.37% | −0.05 |
| CRM Salesforce Inc. | Reduce -45.5% | 0.03% | −0.04 |
| ABBV Abbvie Inc. | Reduce -2.0% | 1.18% | −0.04 |
| WCN Waste Connections Inc. | Reduce -1.1% | 0.62% | −0.04 |
| OEF iShares S&P 100 ETF | Reduce -3.3% | 0.33% | −0.03 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.0% | 0.98% | −0.02 |
| HRB H&R Block Inc. | Sold out | 0.00% | −0.02 |
| NTRS Northern Trust Corp. | Sold out | 0.00% | −0.02 |
| SPYV SS SPDR P S&P 500 Value ETF | Sold out | 0.00% | −0.02 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.02 |
| ATRO Astronics Corp. | Sold out | 0.00% | −0.02 |
| MRSH Marsh & McLennan Cos | Reduce -47.8% | 0.02% | −0.02 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −0.02 |
| IYW iShares Ustechnology ETF | Sold out | 0.00% | −0.01 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -33.5% | 0.02% | −0.01 |
| NVR NVR Inc. | Sold out | 0.00% | −0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | Sold out | 0.00% | −0.01 |
| BA The Boeing Co. | Reduce -29.2% | 0.02% | −0.01 |
| BAC Bank of America Corp. | Reduce -19.7% | 0.03% | −0.01 |
| ORCL Oracle Corp. | Reduce -12.6% | 0.02% | −0.01 |
| PNC PNC Financial Services Group | Reduce -34.4% | 0.02% | −0.01 |
| HON Honeywell International Inc. | Reduce -43.9% | 0.02% | −0.01 |
| PEP Pepsico Inc. | Reduce -20.1% | 0.07% | −0.01 |
| COF Capital One Financial Corp. | Reduce -0.1% | 0.02% | −0.01 |
| CWB SS SPDR BB Conv Sec ETF | Reduce -22.9% | 0.03% | −0.01 |
| SJNK SS SPDR BB St Hi Yield ETF | Reduce -2.8% | 0.65% | −0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -8.3% | 0.05% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| GLDM SPDR Gold Minishares Trust | Add +170.3% | 2.06% | +1.38 |
| IJH iShares Core S&P Midcap ETF | Add +35.8% | 3.94% | +1.20 |
| IJR iShares Core S&P Small-Cap E | Add +30.1% | 3.56% | +1.00 |
| AVGO Broadcom Inc. | Add +606.7% | 1.15% | +0.97 |
| IVV iShares Core S&P 500 ETF | Add +9.3% | 9.87% | +0.71 |
| VEA Vanguard Ftse Developed ETF | Add +9.4% | 4.99% | +0.69 |
| META Meta Platforms Inc. Class A | Add +710.7% | 0.44% | +0.38 |
| IBDU iShares Ibonds Dec 2029 Term | New | 0.22% | +0.22 |
| DVY iShares Select Dividend ETF | Add +149.4% | 0.22% | +0.14 |
| AGG iShares Core U.S. Aggregate | Add +2.4% | 2.58% | +0.13 |
| USIG iShares Broad Usd Investment | Add +1.3% | 2.19% | +0.08 |
| NFLX Netflix Inc. | Add +1.5% | 1.04% | +0.07 |
| RSP Invesco S&P 500 Equal Weight | Add +17.2% | 0.37% | +0.06 |
| JNJ Johnson & Johnson | Add +0.1% | 0.33% | +0.06 |
| NVDA Nvidia Corp. | Add +5.6% | 2.96% | +0.06 |
| GWW WW Grainger Inc. | Add +0.2% | 0.53% | +0.06 |
| MUB iShares National Muni Bond E | Add +10.3% | 0.48% | +0.06 |
| GD General Dynamics Corp. | Add +0.0% | 0.93% | +0.05 |
| HLT Hilton Worldwide Holdings Inc. | Add +0.8% | 0.49% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +9.9% | 0.53% | +0.03 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +6.7% | 0.30% | +0.03 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +8.2% | 0.27% | +0.03 |
| VIG Vanguard Dividend Apprec ETF | Add +1.6% | 0.91% | +0.02 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +7.3% | 0.24% | +0.02 |
| MRK Merck & Co. Inc. | Add +20.4% | 0.07% | +0.02 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +11.8% | 0.17% | +0.02 |
| APD Air Products & Chemicals Inc. | New | 0.02% | +0.02 |
| IBDZ ISHARESIBONDSDEC2034TMCORP | Add +37.0% | 0.06% | +0.02 |
| ITW Illinois Tool Works | Add +4.7% | 0.14% | +0.02 |
| SMH Vaneck Semiconductor ETF | New | 0.02% | +0.02 |
| IBDX iShares Ibonds Dec 2032 TC | Add +12.7% | 0.13% | +0.02 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +5.2% | 0.24% | +0.02 |
| FDX FedEx Corp. | New | 0.02% | +0.02 |
| COKE Coca-Cola Consolidated Inc. | New | 0.02% | +0.02 |
| MPC Marathon Petroleum Corp. | New | 0.02% | +0.02 |
| IBDY iShares Ibonds Dec 2033 Corp. | Add +16.1% | 0.10% | +0.02 |
| T AT&T Inc. | New | 0.02% | +0.02 |
| BSX Boston Scientific Corp. | New | 0.01% | +0.01 |
| DTE DTE Energy Company | New | 0.01% | +0.01 |
| BGIG Bahl & Gaynor Inc. Growth ETF | New | 0.01% | +0.01 |
| O Realty Income Corp. | New | 0.01% | +0.01 |
| SPIP SS SPDR P Tips ETF | Add +1.4% | 0.28% | +0.01 |
| SLV iShares Silver Trust | New | 0.01% | +0.01 |
| KO The Coca-Cola Co. | Add +11.6% | 0.06% | +0.01 |
| PFF iShares Preferred & Income S | Add +0.3% | 0.81% | +0.01 |
| D Dominion Energy Inc. | Add +56.8% | 0.03% | +0.01 |
| CSCO Cisco Systems Inc. | Add +21.9% | 0.05% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +24.5% | 0.06% | +0.01 |
| QCOM Qualcomm Inc. | Add +100.2% | 0.03% | +0.01 |
| PG The Procter & Gamble Co. | Add +6.4% | 0.08% | +0.01 |
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 |