GRIMES & Co WEALTH MANAGEMENT, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 17, 2025), GRIMES & Co WEALTH MANAGEMENT, LLC reported 368 stock positions worth $3.2 billion. Its top holding was Invesco Senior Loan ETF (BKLN) at 6.5% of the portfolio, followed by SS SPDR BB St Hi Yield ETF (SJNK, 6.3%) and iShares 0-5 YR HY Corp. Bond (SHYG, 6.3%). Compared with Q4 2024, it opened 25 new positions, sold out of 37, added to 177 and reduced 155. The biggest buy was iShares Core MSCI Eafe ETF (IEFA, shares +289%) and the biggest sale iShares Russell 2000 ETF (IWM, shares −89%).
- Most Recent 13F
- Q2 2026
- Location
- WESTBOROUGH, MA
- CIK
- 0001321993
- Portfolio Value
- $3.2B (Q1 2025)
- SEC Filing
- 0001321993-25-000004 ↗ filed Apr 17, 2025
Holdings Value
Holdings 368 stocks · $3.2B
| BKLN Invesco Senior Loan ETF | 6.54% | 10,228,132 | $211.7M | Add +4.4% |
| SJNK SS SPDR BB St Hi Yield ETF | 6.35% | 8,158,438 | $205.3M | Add +3.9% |
| SHYG iShares 0-5 YR HY Corp. Bond | 6.34% | 4,821,058 | $205.0M | Add +4.0% |
| IEFA iShares Core MSCI Eafe ETF | 4.64% | 1,985,508 | $150.2M | Add +289.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 3.95% | 576,190 | $127.8M | Reduce -17.9% |
| IVV iShares Core S&P 500 ETF | 3.85% | 221,930 | $124.7M | Reduce -7.7% |
| JHML John Hancock Multi Fact LRG | 3.44% | 1,652,482 | $111.4M | Reduce -2.0% |
| AAPL Apple Inc. | 3.00% | 437,614 | $97.2M | Reduce -0.1% |
| IEMG iShares Core MSCI Emerging | 2.79% | 1,674,942 | $90.4M | Reduce -40.8% |
| MSFT Microsoft Corp. | 1.95% | 168,336 | $63.2M | Reduce -0.1% |
| XLK SS Technology Select Sector | 1.95% | 306,015 | $63.2M | Reduce -20.6% |
| XLC SS Comm Select Sector SPDR | 1.92% | 643,406 | $62.1M | Reduce -18.0% |
| HYD Vaneck High Yield Muni ETF | 1.90% | 1,200,224 | $61.4M | Add +0.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.40% | 122,281 | $45.3M | Reduce -1.0% |
| XLV SS Health Care Select Sector | 1.28% | 282,995 | $41.3M | Add +376.6% |
| XLI SS Industrial Select Sector | 1.08% | 267,667 | $35.1M | Add +77.5% |
| PRF Invesco Rafi US 1000 ETF | 1.00% | 797,645 | $32.2M | Reduce -1.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.91% | 177,540 | $29.5M | Reduce -0.3% |
| META Meta Platforms Inc. Class A | 0.89% | 50,055 | $28.8M | Reduce -1.3% |
| AMGN Amgen Inc. | 0.88% | 91,534 | $28.5M | Reduce -0.8% |
| QCOM Qualcomm Inc. | 0.87% | 184,173 | $28.3M | Add +9.0% |
| AMZN Amazon.com Inc. | 0.86% | 145,889 | $27.8M | Add +2.9% |
| XLE SS Energy Select Sector | 0.83% | 288,298 | $26.9M | Add +8.3% |
| ETF SER SOLUTIONS | 0.82% | 1,071,218 | $26.7M | Reduce -1.9% |
| GOOGL Alphabet Inc. Class A | 0.82% | 171,074 | $26.5M | Reduce -1.1% |
| BMY Bristol-Myers Squibb Co. | 0.80% | 422,774 | $25.8M | Reduce -3.0% |
| NVDA Nvidia Corp. | 0.78% | 233,852 | $25.3M | Add +119.7% |
| XLP SS Consumer Staples Sel Sect | 0.77% | 303,202 | $24.8M | Reduce -27.9% |
| JPM JPMorgan Chase & Co. | 0.68% | 90,208 | $22.1M | Add +0.8% |
| ABBV Abbvie Inc. | 0.67% | 103,106 | $21.6M | Add +0.8% |
| RF Regions Financial Corp. | 0.65% | 973,369 | $21.2M | Add +1.1% |
| ACN Accenture PLC Class A | 0.64% | 66,645 | $20.8M | Add +1.7% |
| HPE Hewlett Packard Enterprise | 0.63% | 1,318,417 | $20.3M | Add +1.5% |
| KMB Kimberly-Clark Corp. | 0.63% | 142,173 | $20.2M | Add +1.2% |
| RSP Invesco S&P 500 Equal Weight | 0.62% | 116,127 | $20.1M | Reduce -36.0% |
| XLY SS Consumer Disc Select Sect | 0.61% | 100,287 | $19.8M | Reduce -48.6% |
| EOG EOG Resources Inc. | 0.60% | 150,425 | $19.3M | Add +1.7% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.60% | 209,819 | $19.3M | Add +9.8% |
| PAYX Paychex Inc. | 0.58% | 122,595 | $18.9M | Reduce -29.1% |
| XLF SS Financial Select Sector | 0.57% | 372,475 | $18.6M | New |
| V Visa Inc. Class A | 0.57% | 52,593 | $18.4M | Reduce -6.0% |
| GILD Gilead Sciences Inc. | 0.57% | 163,619 | $18.3M | Reduce -8.8% |
| ETN Eaton Corp. PLC | 0.56% | 67,160 | $18.3M | Add +71.0% |
| MDT Medtronic PLC | 0.56% | 203,048 | $18.2M | Add +6.0% |
| JNJ Johnson & Johnson | 0.53% | 103,437 | $17.2M | Add +1.0% |
| CRM Salesforce Inc. | 0.52% | 62,117 | $16.7M | Add +0.1% |
| HSY The Hershey Co. | 0.52% | 97,460 | $16.7M | Add +29.8% |
| UPS United Parcel Service Class B | 0.51% | 150,842 | $16.6M | Add +17.4% |
| LULU Lululemon Athletica Inc. | 0.51% | 57,951 | $16.4M | Reduce -1.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.49% | 161,327 | $15.9M | Reduce -1.5% |
| ADBE Adobe Inc. | 0.49% | 41,005 | $15.7M | Add +167.4% |
| ZM Zoom Communications Inc. | 0.47% | 207,442 | $15.3M | Reduce -1.8% |
| CSCO Cisco Systems Inc. | 0.47% | 245,949 | $15.2M | Reduce -55.6% |
| RHI Robert Half Inc. | 0.47% | 277,775 | $15.2M | Add +8.1% |
| MU Micron Technology Inc. | 0.46% | 169,422 | $14.7M | Add +5335.4% |
| AVGO Broadcom Inc. | 0.44% | 84,270 | $14.1M | Add +1.1% |
| IJR iShares Core S&P Small-Cap E | 0.43% | 133,707 | $14.0M | Reduce -1.8% |
| AGG iShares Core U.S. Aggregate | 0.41% | 133,819 | $13.2M | Add +2.1% |
| AMD Advanced Micro Devices | 0.41% | 127,895 | $13.1M | Add +2.2% |
| XYL Xylem Inc. | 0.40% | 109,630 | $13.1M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.38% | 21,942 | $12.3M | Reduce -1.3% |
| VZ Verizon Communications Inc. | 0.38% | 268,667 | $12.2M | Add +7.0% |
| UNH Unitedhealth Group Inc. | 0.37% | 23,005 | $12.0M | Add +0.8% |
| ASML ASML Holding NV-NY Reg SHS | 0.36% | 17,717 | $11.7M | New |
| CTSH Cognizant Tech Solutions-A | 0.36% | 152,487 | $11.7M | Add +0.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.35% | 273,385 | $11.4M | Reduce -2.0% |
| PEP Pepsico Inc. | 0.35% | 74,861 | $11.2M | Add +3.0% |
| INCY Incyte Corp. | 0.34% | 184,233 | $11.2M | Add +0.2% |
| GOOG Alphabet Inc. Class C | 0.34% | 71,304 | $11.1M | Add +0.2% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.34% | 266,476 | $11.1M | Add +17.6% |
| AMAT Applied Materials Inc. | 0.34% | 75,814 | $11.0M | Add +1.2% |
| AXP American Express Co. | 0.33% | 40,130 | $10.8M | Add +0.0% |
| CVX Chevron Corp. | 0.33% | 64,514 | $10.8M | Add +3.9% |
| IJH iShares Core S&P Midcap ETF | 0.32% | 175,508 | $10.2M | Add +3.2% |
| IWM iShares Russell 2000 ETF | 0.31% | 50,029 | $10.0M | Reduce -89.0% |
| DFAE Dimensional Emerging Core Eq | 0.30% | 378,657 | $9.8M | Add +21.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.30% | 17,990 | $9.6M | Add +1.9% |
| NKE Nike Inc. Class B | 0.29% | 150,332 | $9.5M | Add +46.2% |
| SCHX Schwab US Large-Cap ETF | 0.29% | 427,552 | $9.4M | Reduce -19.9% |
| PYPL PayPal Holdings Inc. | 0.29% | 142,962 | $9.3M | Add +1.1% |
| VCR Vanguard Consumer Discre ETF | 0.29% | 28,452 | $9.3M | Reduce -31.4% |
| AVLC Avantis US LG Cap Eq ETF | 0.29% | 143,814 | $9.2M | Add +111.5% |
| XOM Exxon Mobil Corp. | 0.29% | 77,561 | $9.2M | Reduce -0.1% |
| DXCM Dexcom Inc. | 0.28% | 134,935 | $9.2M | New |
| CLX Clorox Company | 0.27% | 59,264 | $8.7M | New |
| BIIB Biogen Inc. | 0.25% | 59,334 | $8.1M | Add +131.7% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.25% | 219,649 | $8.0M | Reduce -4.7% |
| CMCSA Comcast Corp. Class A | 0.25% | 215,880 | $8.0M | Add +11.2% |
| TMO Thermo Fisher Scientific Inc. | 0.25% | 15,999 | $8.0M | Add +11.2% |
| EFA iShares MSCI Eafe ETF | 0.25% | 97,006 | $7.9M | Reduce -1.7% |
| ABT Abbott Laboratories | 0.24% | 58,975 | $7.8M | Add +1.5% |
| MKC McCormick & Co.-Non VTG SHRS | 0.24% | 93,096 | $7.7M | Add +10.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.23% | 106,953 | $7.4M | Add +3.2% |
| LMT Lockheed Martin Corp. | 0.23% | 16,481 | $7.4M | Add +3.1% |
| LEA Lear Corp. | 0.22% | 78,917 | $7.0M | Add +68.3% |
| MA Mastercard Inc. Class A | 0.20% | 11,697 | $6.4M | Reduce -0.3% |
| GNRC Generac Holdings Inc. | 0.19% | 49,468 | $6.3M | New |
| JIRE JPMorgan Int Res Enh Eqty | 0.19% | 97,868 | $6.2M | Add +103.7% |
| GSK GSK PLC-Spon ADR | 0.19% | 156,309 | $6.1M | Add +11.8% |
| SCHF Schwab Intl Equity ETF | 0.18% | 297,339 | $5.9M | Add +0.2% |
Portfolio Sells Q4 2024 → Q1 2025
| IWM iShares Russell 2000 ETF | Reduce -89.0% | 0.31% | −2.58 |
| HYMB SS SPDR N Ice HY Muni ETF | Reduce -99.2% | 0.01% | −1.76 |
| IEMG iShares Core MSCI Emerging | Reduce -40.8% | 2.79% | −1.46 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -17.9% | 3.95% | −0.91 |
| XLY SS Consumer Disc Select Sect | Reduce -48.6% | 0.61% | −0.65 |
| DOCU Docusign Inc. | Reduce -95.7% | 0.03% | −0.63 |
| XLK SS Technology Select Sector | Reduce -20.6% | 1.95% | −0.63 |
| CSCO Cisco Systems Inc. | Reduce -55.6% | 0.47% | −0.48 |
| XLB SS Materials Select Sector | Sold out | 0.00% | −0.40 |
| A Agilent Technologies Inc. | Sold out | 0.00% | −0.36 |
| FFIV F5 Inc. | Reduce -94.0% | 0.02% | −0.32 |
| RSP Invesco S&P 500 Equal Weight | Reduce -36.0% | 0.62% | −0.29 |
| XLC SS Comm Select Sector SPDR | Reduce -18.0% | 1.92% | −0.27 |
| IVV iShares Core S&P 500 ETF | Reduce -7.7% | 3.85% | −0.22 |
| ALB Albemarle Corp. | Reduce -95.5% | 0.01% | −0.21 |
| GGG Graco Inc. | Reduce -63.0% | 0.13% | −0.20 |
| NXPI NXP Semiconductors NV | Reduce -91.1% | 0.02% | −0.20 |
| XLP SS Consumer Staples Sel Sect | Reduce -27.9% | 0.77% | −0.19 |
| VCR Vanguard Consumer Discre ETF | Reduce -31.4% | 0.29% | −0.16 |
| AAPL Apple Inc. | Reduce -0.1% | 3.00% | −0.16 |
| LULU Lululemon Athletica Inc. | Reduce -1.3% | 0.51% | −0.14 |
| GOOGL Alphabet Inc. Class A | Reduce -1.1% | 0.82% | −0.13 |
| PAYX Paychex Inc. | Reduce -29.1% | 0.58% | −0.11 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -0.3% | 0.91% | −0.10 |
| VDC Vanguard Consumer Staple ETF | Sold out | 0.00% | −0.10 |
| IBB iShares Biotechnology ETF | Sold out | 0.00% | −0.10 |
| MSFT Microsoft Corp. | Reduce -0.1% | 1.95% | −0.09 |
| IYK iShares US Consumer Staples | Sold out | 0.00% | −0.09 |
| LIT Global X Lithium & Battery T | Sold out | 0.00% | −0.07 |
| SCHX Schwab US Large-Cap ETF | Reduce -19.9% | 0.29% | −0.06 |
| IYT iShares US Transportation Et | Sold out | 0.00% | −0.06 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.0% | 1.40% | −0.06 |
| IEZ iShares U.S. Oil Equipment & | Sold out | 0.00% | −0.04 |
| TSLA Tesla Inc. | Reduce -19.3% | 0.04% | −0.03 |
| DIS The Walt Disney Co. | Reduce -1.5% | 0.49% | −0.03 |
| SCHW Schwab (charles) Corp. | Reduce -50.3% | 0.04% | −0.03 |
| MUB iShares National Muni Bond E | Reduce -78.6% | 0.01% | −0.03 |
| SBUX Starbucks Corp. | Reduce -43.5% | 0.05% | −0.03 |
| IHE iShares US Pharmaceuticals E | Sold out | 0.00% | −0.03 |
| EMR Emerson Electric Co. | Reduce -42.5% | 0.03% | −0.03 |
| IHI iShares U.S. Medical Devices | Sold out | 0.00% | −0.03 |
| ZM Zoom Communications Inc. | Reduce -1.8% | 0.47% | −0.02 |
| ESML iShares ESG Aware MSCI USA S | Reduce -38.2% | 0.04% | −0.02 |
| FNF Fidelity National Financial | Sold out | 0.00% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.8% | 0.43% | −0.02 |
| CEFS Saba Opport Hedg Cef ETF-Usd | Sold out | 0.00% | −0.02 |
| VIS Vanguard Industrials ETF | Sold out | 0.00% | −0.02 |
| ISTB iShares Core 1-5 Year Usd Bo | Sold out | 0.00% | −0.02 |
| CGBD Carlyle Secured Lending Inc. | Sold out | 0.00% | −0.02 |
| HTGC Hercules Capital Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| IEFA iShares Core MSCI Eafe ETF | Add +289.5% | 4.64% | +3.61 |
| XLV SS Health Care Select Sector | Add +376.6% | 1.28% | +1.04 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +4.0% | 6.34% | +0.64 |
| SJNK SS SPDR BB St Hi Yield ETF | Add +3.9% | 6.35% | +0.64 |
| BKLN Invesco Senior Loan ETF | Add +4.4% | 6.54% | +0.60 |
| XLF SS Financial Select Sector | New | 0.57% | +0.57 |
| XLI SS Industrial Select Sector | Add +77.5% | 1.08% | +0.51 |
| MU Micron Technology Inc. | Add +5335.4% | 0.46% | +0.45 |
| NVDA Nvidia Corp. | Add +119.7% | 0.78% | +0.42 |
| XYL Xylem Inc. | New | 0.40% | +0.40 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.36% | +0.36 |
| ADBE Adobe Inc. | Add +167.4% | 0.49% | +0.29 |
| DXCM Dexcom Inc. | New | 0.28% | +0.28 |
| CLX Clorox Company | New | 0.27% | +0.27 |
| GNRC Generac Holdings Inc. | New | 0.19% | +0.19 |
| ETN Eaton Corp. PLC | Add +71.0% | 0.56% | +0.19 |
| XLE SS Energy Select Sector | Add +8.3% | 0.83% | +0.18 |
| AVLC Avantis US LG Cap Eq ETF | Add +111.5% | 0.29% | +0.15 |
| HSY The Hershey Co. | Add +29.8% | 0.52% | +0.15 |
| ABBV Abbvie Inc. | Add +0.8% | 0.67% | +0.14 |
| BIIB Biogen Inc. | Add +131.7% | 0.25% | +0.14 |
| QCOM Qualcomm Inc. | Add +9.0% | 0.87% | +0.13 |
| MDT Medtronic PLC | Add +6.0% | 0.56% | +0.12 |
| HYD Vaneck High Yield Muni ETF | Add +0.9% | 1.90% | +0.12 |
| JIRE JPMorgan Int Res Enh Eqty | Add +103.7% | 0.19% | +0.11 |
| JNJ Johnson & Johnson | Add +1.0% | 0.53% | +0.10 |
| KMB Kimberly-Clark Corp. | Add +1.2% | 0.63% | +0.09 |
| SLB SLB Ltd. | Add +17.6% | 0.34% | +0.09 |
| VZ Verizon Communications Inc. | Add +7.0% | 0.38% | +0.09 |
| LEA Lear Corp. | Add +68.3% | 0.22% | +0.09 |
| DFAE Dimensional Emerging Core Eq | Add +21.3% | 0.30% | +0.07 |
| CVX Chevron Corp. | Add +3.9% | 0.33% | +0.07 |
| EOG EOG Resources Inc. | Add +1.7% | 0.60% | +0.07 |
| NKE Nike Inc. Class B | Add +46.2% | 0.29% | +0.07 |
| JPM JPMorgan Chase & Co. | Add +0.8% | 0.68% | +0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.9% | 0.30% | +0.07 |
| ABT Abbott Laboratories | Add +1.5% | 0.24% | +0.05 |
| MKC McCormick & Co.-Non VTG SHRS | Add +10.1% | 0.24% | +0.05 |
| GSK GSK PLC-Spon ADR | Add +11.8% | 0.19% | +0.05 |
| UPS United Parcel Service Class B | Add +17.4% | 0.51% | +0.05 |
| TXN Texas Instruments Inc. | Add +32.5% | 0.17% | +0.04 |
| AGG iShares Core U.S. Aggregate | Add +2.1% | 0.41% | +0.04 |
| TPL Texas Pacific Land Corp. | Add +0.1% | 0.18% | +0.04 |
| UNH Unitedhealth Group Inc. | Add +0.8% | 0.37% | +0.04 |
| CMCSA Comcast Corp. Class A | Add +11.2% | 0.25% | +0.04 |
| TMO Thermo Fisher Scientific Inc. | Add +11.2% | 0.25% | +0.03 |
| PEP Pepsico Inc. | Add +3.0% | 0.35% | +0.03 |
| ESGD iShares Trust iShares ESG Aw | Add +140.2% | 0.04% | +0.03 |
| DGRO iShares Core Dividend Growth | Add +218.3% | 0.04% | +0.03 |
| CTSH Cognizant Tech Solutions-A | Add +0.8% | 0.36% | +0.03 |
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 |