GRIMES & Co WEALTH MANAGEMENT, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 17, 2024), GRIMES & Co WEALTH MANAGEMENT, LLC reported 345 stock positions worth $3.3 billion. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 8.6% of the portfolio, followed by Invesco Senior Loan ETF (BKLN, 5.7%) and SS SPDR BB St Hi Yield ETF (SJNK, 5.4%). Compared with Q4 2023, it opened 26 new positions, sold out of 12, added to 174 and reduced 122. The biggest buy was SS Consumer Disc Select Sect (XLY, shares +286%) and the biggest sale SS Energy Select Sector (XLE, shares −47%).
- Most Recent 13F
- Q2 2026
- Location
- WESTBOROUGH, MA
- CIK
- 0001321993
- Portfolio Value
- $3.3B (Q1 2024)
- SEC Filing
- 0001321993-24-000003 ↗ filed Apr 17, 2024
Holdings Value
Holdings 345 stocks · $3.3B
| IEFA iShares Core MSCI Eafe ETF | 8.64% | 3,784,885 | $280.9M | Reduce -1.1% |
| BKLN Invesco Senior Loan ETF | 5.74% | 8,820,897 | $186.6M | Add +3.0% |
| SJNK SS SPDR BB St Hi Yield ETF | 5.37% | 6,923,337 | $174.6M | Add +3.0% |
| SHYG iShares 0-5 YR HY Corp. Bond | 5.32% | 4,065,885 | $173.0M | Add +3.4% |
| IVV iShares Core S&P 500 ETF | 3.98% | 246,260 | $129.5M | Reduce -2.0% |
| JHML John Hancock Multi Fact LRG | 3.41% | 1,710,875 | $110.8M | Add +0.6% |
| IEMG iShares Core MSCI Emerging | 3.32% | 2,091,056 | $107.9M | Reduce -6.6% |
| IWM iShares Russell 2000 ETF | 3.10% | 479,856 | $100.9M | Reduce -2.7% |
| AAPL Apple Inc. | 2.35% | 446,017 | $76.5M | Add +9.5% |
| MSFT Microsoft Corp. | 2.22% | 171,320 | $72.1M | Add +1.4% |
| HYMB SS SPDR N Ice HY Muni ETF | 1.75% | 2,216,797 | $56.9M | Reduce -1.3% |
| HYD Vaneck High Yield Muni ETF | 1.75% | 1,088,382 | $56.9M | Reduce -0.8% |
| XLP SS Consumer Staples Sel Sect | 1.54% | 657,010 | $50.2M | Add +32.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.41% | 133,481 | $45.9M | Reduce -3.7% |
| XLV SS Health Care Select Sector | 1.34% | 294,820 | $43.6M | Add +3.2% |
| XLY SS Consumer Disc Select Sect | 1.19% | 210,488 | $38.7M | Add +285.6% |
| XLK SS Technology Select Sector | 1.10% | 171,638 | $35.7M | Reduce -16.2% |
| TSM Taiwan Semiconductor-SP ADR | 1.05% | 249,980 | $34.0M | Add +0.8% |
| PRF Invesco Rafi US 1000 ETF | 1.01% | 857,350 | $33.0M | Reduce -1.2% |
| RSP Invesco S&P 500 Equal Weight | 0.94% | 180,196 | $30.5M | Reduce -10.4% |
| ETF SER SOLUTIONS | 0.90% | 1,156,687 | $29.1M | Reduce -0.9% |
| META Meta Platforms Inc. Class A | 0.88% | 59,193 | $28.7M | Reduce -1.5% |
| XLC SS Comm Select Sector SPDR | 0.87% | 347,578 | $28.4M | Reduce -37.6% |
| CSCO Cisco Systems Inc. | 0.83% | 540,609 | $27.0M | Add +3.6% |
| GOOGL Alphabet Inc. Class A | 0.82% | 176,121 | $26.6M | Add +1.6% |
| AMGN Amgen Inc. | 0.81% | 93,146 | $26.5M | Add +1.9% |
| SCHW Schwab (charles) Corp. | 0.79% | 354,819 | $25.7M | Add +2.1% |
| AMZN Amazon.com Inc. | 0.79% | 141,608 | $25.5M | Add +2.2% |
| AMD Advanced Micro Devices | 0.76% | 137,217 | $24.8M | Add +0.3% |
| PAYX Paychex Inc. | 0.74% | 195,508 | $24.0M | Add +3.5% |
| ACN Accenture PLC Class A | 0.69% | 64,649 | $22.4M | Add +2.1% |
| QCOM Qualcomm Inc. | 0.69% | 132,339 | $22.4M | Add +1.5% |
| RTX RTX Corp. | 0.68% | 226,544 | $22.1M | Add +3.8% |
| XLE SS Energy Select Sector | 0.67% | 231,729 | $21.9M | Reduce -47.3% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.67% | 178,592 | $21.8M | Add +43.2% |
| XLI SS Industrial Select Sector | 0.67% | 172,574 | $21.7M | Add +52.4% |
| RF Regions Financial Corp. | 0.65% | 1,009,593 | $21.2M | Add +65.2% |
| CVS CVS Health Corp. | 0.65% | 264,343 | $21.1M | Add +3.3% |
| BMY Bristol-Myers Squibb Co. | 0.63% | 380,641 | $20.6M | Add +10.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.62% | 165,870 | $20.3M | Add +1451.3% |
| AMAT Applied Materials Inc. | 0.62% | 97,712 | $20.2M | Add +0.7% |
| INTC Intel Corp. | 0.62% | 453,803 | $20.0M | Reduce -3.7% |
| V Visa Inc. Class A | 0.57% | 66,331 | $18.5M | Add +2.1% |
| JPM JPMorgan Chase & Co. | 0.57% | 92,356 | $18.5M | Add +1.2% |
| ABBV Abbvie Inc. | 0.56% | 100,241 | $18.3M | Add +0.9% |
| UPS United Parcel Service Class B | 0.56% | 122,162 | $18.2M | Add +6.9% |
| EOG EOG Resources Inc. | 0.56% | 141,805 | $18.1M | Add +7.0% |
| RHI Robert Half Inc. | 0.55% | 225,508 | $17.9M | Add +4.0% |
| DOCU Docusign Inc. | 0.53% | 289,758 | $17.3M | Reduce -0.6% |
| MDT Medtronic PLC | 0.52% | 195,195 | $17.0M | Add +4.4% |
| A Agilent Technologies Inc. | 0.50% | 112,465 | $16.4M | Add +3.1% |
| VCR Vanguard Consumer Discre ETF | 0.48% | 48,878 | $15.5M | Reduce -4.3% |
| JNJ Johnson & Johnson | 0.48% | 97,925 | $15.5M | Add +2.3% |
| ETN Eaton Corp. PLC | 0.47% | 49,307 | $15.4M | Reduce -1.4% |
| KMB Kimberly-Clark Corp. | 0.47% | 118,939 | $15.4M | Add +130.4% |
| IJR iShares Core S&P Small-Cap E | 0.47% | 138,321 | $15.3M | Add +0.2% |
| XLF SS Financial Select Sector | 0.46% | 352,196 | $14.8M | New |
| SYY Sysco Corp. | 0.44% | 177,299 | $14.4M | Add +2.9% |
| XLB SS Materials Select Sector | 0.44% | 154,724 | $14.4M | New |
| AVGO Broadcom Inc. | 0.43% | 10,555 | $14.0M | Reduce -1.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.42% | 105,684 | $13.6M | Add +2.8% |
| UNH Unitedhealth Group Inc. | 0.39% | 25,756 | $12.7M | Add +3.4% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.38% | 226,209 | $12.4M | Add +4.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.37% | 317,068 | $12.0M | Add +2.2% |
| ECL Ecolab Inc. | 0.36% | 50,612 | $11.7M | Add +3.3% |
| AXP American Express Co. | 0.36% | 51,160 | $11.6M | Add +1.1% |
| CTSH Cognizant Tech Solutions-A | 0.35% | 155,050 | $11.4M | Add +3.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.35% | 49,105 | $11.2M | Add +4790.9% |
| FFIV F5 Inc. | 0.34% | 58,790 | $11.1M | Add +2.9% |
| AGG iShares Core U.S. Aggregate | 0.34% | 112,180 | $11.0M | Add +3.8% |
| ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN | 0.34% | 167,512 | $11.0M | Add +2.7% |
| GOOG Alphabet Inc. Class C | 0.33% | 71,395 | $10.9M | Add +0.0% |
| VZ Verizon Communications Inc. | 0.33% | 255,942 | $10.7M | Add +3.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.33% | 20,498 | $10.7M | Reduce -0.2% |
| INCY Incyte Corp. | 0.32% | 185,093 | $10.5M | Add +91.3% |
| BIIB Biogen Inc. | 0.31% | 46,888 | $10.1M | Add +3.7% |
| SCHX Schwab US Large-Cap ETF | 0.30% | 158,556 | $9.8M | Reduce -5.6% |
| IJH iShares Core S&P Midcap ETF | 0.30% | 161,177 | $9.8M | No change |
| PYPL PayPal Holdings Inc. | 0.30% | 143,936 | $9.6M | Add +73.2% |
| ALB Albemarle Corp. | 0.29% | 72,663 | $9.6M | Add +77.4% |
| CVX Chevron Corp. | 0.27% | 55,532 | $8.8M | Add +3.8% |
| ADBE Adobe Inc. | 0.27% | 17,117 | $8.6M | Reduce -1.9% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.26% | 239,624 | $8.6M | Reduce -4.0% |
| NKE Nike Inc. Class B | 0.26% | 91,071 | $8.6M | Add +4.8% |
| CMCSA Comcast Corp. Class A | 0.26% | 193,196 | $8.4M | Add +1.9% |
| BA The Boeing Co. | 0.25% | 42,389 | $8.2M | Add +2.7% |
| EFA iShares MSCI Eafe ETF | 0.25% | 101,873 | $8.1M | Reduce -1.4% |
| LMT Lockheed Martin Corp. | 0.25% | 17,805 | $8.1M | Add +4.7% |
| XOM Exxon Mobil Corp. | 0.25% | 69,439 | $8.1M | Add +0.7% |
| HPE Hewlett Packard Enterprise | 0.25% | 451,995 | $8.0M | Add +4.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.22% | 17,019 | $7.2M | Add +3.2% |
| SBUX Starbucks Corp. | 0.22% | 76,799 | $7.0M | Add +4.3% |
| SCHF Schwab Intl Equity ETF | 0.21% | 172,080 | $6.7M | Add +10.4% |
| ABT Abbott Laboratories | 0.20% | 56,976 | $6.5M | Reduce -0.1% |
| VEA Vanguard Ftse Developed ETF | 0.19% | 126,286 | $6.3M | Add +2.3% |
| HSY The Hershey Co. | 0.19% | 31,898 | $6.2M | Add +8.3% |
| NVDA Nvidia Corp. | 0.18% | 6,581 | $5.9M | Add +19.4% |
| DFAE Dimensional Emerging Core Eq | 0.18% | 237,185 | $5.9M | New |
| LEA Lear Corp. | 0.18% | 40,357 | $5.8M | New |
| PG The Procter & Gamble Co. | 0.16% | 31,840 | $5.2M | Reduce -1.2% |
Portfolio Sells Q4 2023 → Q1 2024
| XLE SS Energy Select Sector | Reduce -47.3% | 0.67% | −0.55 |
| EXPE Expedia Group Inc. | Reduce -92.5% | 0.04% | −0.52 |
| LULU Lululemon Athletica Inc. | Reduce -95.5% | 0.02% | −0.50 |
| XLC SS Comm Select Sector SPDR | Reduce -37.6% | 0.87% | −0.47 |
| IEMG iShares Core MSCI Emerging | Reduce -6.6% | 3.32% | −0.43 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -1.1% | 8.64% | −0.27 |
| KRE SS SPDR S&P Regional Bank | Reduce -96.2% | 0.01% | −0.24 |
| XLK SS Technology Select Sector | Reduce -16.2% | 1.10% | −0.21 |
| FNF Fidelity National Financial | Reduce -87.6% | 0.03% | −0.19 |
| XBI SS SPDR S&P Biotech ETF | Sold out | 0.00% | −0.18 |
| IWM iShares Russell 2000 ETF | Reduce -2.7% | 3.10% | −0.17 |
| IAI iShares U.S. Broker-Dealers | Sold out | 0.00% | −0.17 |
| INTC Intel Corp. | Reduce -3.7% | 0.62% | −0.17 |
| HYMB SS SPDR N Ice HY Muni ETF | Reduce -1.3% | 1.75% | −0.13 |
| HYD Vaneck High Yield Muni ETF | Reduce -0.8% | 1.75% | −0.13 |
| ETF MANAGERS TR | Sold out | 0.00% | −0.12 |
| RSP Invesco S&P 500 Equal Weight | Reduce -10.4% | 0.94% | −0.11 |
| ADBE Adobe Inc. | Reduce -1.9% | 0.27% | −0.08 |
| ETF SER SOLUTIONS | Reduce -0.9% | 0.90% | −0.08 |
| SPEM State Street SP PTF Em ETF | Reduce -36.7% | 0.09% | −0.06 |
| DOCU Docusign Inc. | Reduce -0.6% | 0.53% | −0.04 |
| LIT Global X Lithium & Battery T | Sold out | 0.00% | −0.04 |
| VCR Vanguard Consumer Discre ETF | Reduce -4.3% | 0.48% | −0.04 |
| PEP Pepsico Inc. | Reduce -10.4% | 0.16% | −0.03 |
| PFE Pfizer Inc. | Reduce -12.0% | 0.08% | −0.02 |
| TSLA Tesla Inc. | Reduce -4.7% | 0.03% | −0.02 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -4.0% | 0.26% | −0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -3.7% | 1.41% | −0.01 |
| SUB iShares Short-Term National | Reduce -39.3% | 0.02% | −0.01 |
| AJG Arthur J Gallagher & Co. | Reduce -21.4% | 0.06% | −0.01 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -6.6% | 0.10% | −0.01 |
| EEM iShares MSCI Emerging Market | Reduce -8.6% | 0.07% | −0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -5.6% | 0.30% | −0.01 |
| IDXX Idexx Laboratories Inc. | Reduce -1.2% | 0.08% | −0.01 |
| BND Vanguard Total Bond Market | Reduce -9.1% | 0.05% | −0.01 |
| ABT Abbott Laboratories | Reduce -0.1% | 0.20% | −0.01 |
| MUB iShares National Muni Bond E | Sold out | 0.00% | −0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -23.3% | 0.02% | −0.01 |
| GLO Clough Global Opportunities | Sold out | 0.00% | −0.01 |
| EFA iShares MSCI Eafe ETF | Reduce -1.4% | 0.25% | −0.01 |
| CIEN Ciena Corp. | Sold out | 0.00% | −0.01 |
| IGV iShares Expanded Tech-Softwa | Sold out | 0.00% | −0.01 |
| NVS Novartis AG-Sponsored ADR | Reduce -3.2% | 0.04% | −0.01 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.01 |
| ITW Illinois Tool Works | Reduce -2.6% | 0.08% | −0.01 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -4.2% | 0.06% | −0.01 |
| PNNT Pennantpark Investment Corp. | Sold out | 0.00% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.5% | 0.08% | −0.01 |
| IRWD Ironwood Pharmaceuticals Inc. | Reduce -3.5% | 0.01% | −0.00 |
| APD Air Products & Chemicals Inc. | Reduce -2.8% | 0.02% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| XLY SS Consumer Disc Select Sect | Add +285.6% | 1.19% | +0.87 |
| DIS The Walt Disney Co. | Add +1451.3% | 0.62% | +0.59 |
| XLF SS Financial Select Sector | New | 0.46% | +0.46 |
| XLB SS Materials Select Sector | New | 0.44% | +0.44 |
| XLP SS Consumer Staples Sel Sect | Add +32.4% | 1.54% | +0.36 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +4790.9% | 0.35% | +0.34 |
| KMB Kimberly-Clark Corp. | Add +130.4% | 0.47% | +0.27 |
| RF Regions Financial Corp. | Add +65.2% | 0.65% | +0.26 |
| XLI SS Industrial Select Sector | Add +52.4% | 0.67% | +0.24 |
| TROW T Rowe Price Group Inc. | Add +43.2% | 0.67% | +0.22 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.8% | 1.05% | +0.19 |
| DFAE Dimensional Emerging Core Eq | New | 0.18% | +0.18 |
| LEA Lear Corp. | New | 0.18% | +0.18 |
| PYPL PayPal Holdings Inc. | Add +73.2% | 0.30% | +0.13 |
| INCY Incyte Corp. | Add +91.3% | 0.32% | +0.12 |
| MSFT Microsoft Corp. | Add +1.4% | 2.22% | +0.11 |
| AMAT Applied Materials Inc. | Add +0.7% | 0.62% | +0.10 |
| ALB Albemarle Corp. | Add +77.4% | 0.29% | +0.10 |
| AMD Advanced Micro Devices | Add +0.3% | 0.76% | +0.09 |
| JHML John Hancock Multi Fact LRG | Add +0.6% | 3.41% | +0.09 |
| NVDA Nvidia Corp. | Add +19.4% | 0.18% | +0.09 |
| AMZN Amazon.com Inc. | Add +2.2% | 0.79% | +0.09 |
| RTX RTX Corp. | Add +3.8% | 0.68% | +0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +2.8% | 0.42% | +0.07 |
| QCOM Qualcomm Inc. | Add +1.5% | 0.69% | +0.06 |
| GBTC Grayscale Bitcoin Trust ETF | New | 0.06% | +0.06 |
| JPM JPMorgan Chase & Co. | Add +1.2% | 0.57% | +0.05 |
| ABBV Abbvie Inc. | Add +0.9% | 0.56% | +0.05 |
| XLV SS Health Care Select Sector | Add +3.2% | 1.34% | +0.05 |
| BMY Bristol-Myers Squibb Co. | Add +10.3% | 0.63% | +0.05 |
| AXP American Express Co. | Add +1.1% | 0.36% | +0.04 |
| ECL Ecolab Inc. | Add +3.3% | 0.36% | +0.04 |
| EOG EOG Resources Inc. | Add +7.0% | 0.56% | +0.03 |
| COP Conocophillips | Add +114.0% | 0.05% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.2% | 0.22% | +0.03 |
| SYY Sysco Corp. | Add +2.9% | 0.44% | +0.03 |
| PSX Phillips 66 | Add +242.3% | 0.03% | +0.02 |
| BAC Bank of America Corp. | Add +2.2% | 0.37% | +0.02 |
| VZ Verizon Communications Inc. | Add +3.4% | 0.33% | +0.02 |
| XOM Exxon Mobil Corp. | Add +0.7% | 0.25% | +0.02 |
| GE General Electric | Add +2.0% | 0.07% | +0.02 |
| SCHF Schwab Intl Equity ETF | Add +10.4% | 0.21% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +1.6% | 0.82% | +0.02 |
| NYF iShares New York Muni Bond E | New | 0.01% | +0.01 |
| MDT Medtronic PLC | Add +4.4% | 0.52% | +0.01 |
| SUSA iShares ESG Optimized MSCI U | Add +11.3% | 0.10% | +0.01 |
| BNY Bank of New York Mellon Corp. | New | 0.01% | +0.01 |
| ORCL Oracle Corp. | Add +11.6% | 0.05% | +0.01 |
| SYK Stryker Corp. | Add +0.2% | 0.09% | +0.01 |
| HSY The Hershey Co. | Add +8.3% | 0.19% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 449 | $4.6B | VB, IEFA, IEMG, IVV, XLK |
| Q1 2026 | 433 | $3.6B | IEFA, VB, IEMG, SJNK, IVV |
| Q4 2025 | 460 | $4.2B | IEFA, VB, IVV, SJNK, USHY |
| Q3 2025 | 450 | $4.0B | IEFA, VB, SJNK, USHY, SPHY |
| Q2 2025 | 413 | $3.7B | IEFA, SJNK, SPHY, USHY, IVV |
| Q1 2025 | 368 | $3.2B | BKLN, SJNK, SHYG, IEFA, VB |
| Q4 2024 | 380 | $3.5B | BKLN, SJNK, SHYG, VB, IEMG |
| Q3 2024 | 366 | $3.7B | IEFA, BKLN, SJNK, SHYG, VB |
| Q2 2024 | 349 | $3.3B | IEFA, BKLN, SJNK, SHYG, IEMG |
| Q1 2024 | 345 | $3.3B | IEFA, BKLN, SJNK, SHYG, IVV |