GRIMES & Co WEALTH MANAGEMENT, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 22, 2025), GRIMES & Co WEALTH MANAGEMENT, LLC reported 413 stock positions worth $3.7 billion. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 8.0% of the portfolio, followed by SS SPDR BB St Hi Yield ETF (SJNK, 4.6%) and SS SPDR P High Yield ETF (SPHY, 4.5%). Compared with Q1 2025, it opened 55 new positions, sold out of 10, added to 207 and reduced 129. The biggest buy was a new position in SS SPDR P High Yield ETF (SPHY) and the biggest sale Invesco Senior Loan ETF (BKLN, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- WESTBOROUGH, MA
- CIK
- 0001321993
- Portfolio Value
- $3.7B (Q2 2025)
- SEC Filing
- 0001321993-25-000008 ↗ filed Jul 22, 2025
Holdings Value
Holdings 413 stocks · $3.7B
| IEFA iShares Core MSCI Eafe ETF | 8.05% | 3,542,276 | $295.7M | Add +78.4% |
| SJNK SS SPDR BB St Hi Yield ETF | 4.60% | 6,641,043 | $169.2M | Reduce -18.6% |
| SPHY SS SPDR P High Yield ETF | 4.54% | 7,014,494 | $166.9M | New |
| USHY iShares Broad Usd High Yield | 4.54% | 4,445,406 | $166.7M | New |
| IVV iShares Core S&P 500 ETF | 4.17% | 246,516 | $153.1M | Add +11.1% |
| IEMG iShares Core MSCI Emerging | 4.12% | 2,524,911 | $151.6M | Add +50.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 3.76% | 583,423 | $138.3M | Add +1.3% |
| XLK SS Technology Select Sector | 3.61% | 523,385 | $132.5M | Add +71.0% |
| JHML John Hancock Multi Fact LRG | 3.27% | 1,636,251 | $120.0M | Reduce -1.0% |
| AAPL Apple Inc. | 2.42% | 433,658 | $89.0M | Reduce -0.9% |
| MSFT Microsoft Corp. | 2.24% | 165,170 | $82.2M | Reduce -1.9% |
| XLC SS Comm Select Sector SPDR | 1.88% | 634,896 | $68.9M | Reduce -1.3% |
| SUB iShares Short-Term National | 1.58% | 547,610 | $58.2M | Add +10878.5% |
| HYMB SS SPDR N Ice HY Muni ETF | 1.53% | 2,274,020 | $56.4M | Add +12353.6% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 1.51% | 1,089,770 | $55.5M | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.45% | 121,351 | $53.2M | Reduce -0.8% |
| TSM Taiwan Semiconductor-SP ADR | 1.07% | 174,196 | $39.5M | Reduce -1.9% |
| XLI SS Industrial Select Sector | 1.06% | 263,076 | $38.8M | Reduce -1.7% |
| META Meta Platforms Inc. Class A | 0.97% | 48,158 | $35.5M | Reduce -3.8% |
| NVDA Nvidia Corp. | 0.96% | 224,064 | $35.4M | Reduce -4.2% |
| PRF Invesco Rafi US 1000 ETF | 0.91% | 791,327 | $33.4M | Reduce -0.8% |
| AMZN Amazon.com Inc. | 0.87% | 146,516 | $32.1M | Add +0.4% |
| GOOGL Alphabet Inc. Class A | 0.80% | 166,674 | $29.4M | Reduce -2.6% |
| QCOM Qualcomm Inc. | 0.78% | 180,626 | $28.8M | Reduce -1.9% |
| ETF SER SOLUTIONS | 0.71% | 1,054,694 | $26.3M | Reduce -1.5% |
| XLP SS Consumer Staples Sel Sect | 0.70% | 319,029 | $25.8M | Add +5.2% |
| AMGN Amgen Inc. | 0.70% | 91,679 | $25.6M | Add +0.2% |
| JPM JPMorgan Chase & Co. | 0.69% | 87,294 | $25.3M | Reduce -3.2% |
| ETN Eaton Corp. PLC | 0.66% | 68,091 | $24.3M | Add +1.4% |
| XLY SS Consumer Disc Select Sect | 0.65% | 109,516 | $23.8M | Add +9.2% |
| RSP Invesco S&P 500 Equal Weight | 0.64% | 128,502 | $23.4M | Add +10.7% |
| RF Regions Financial Corp. | 0.63% | 978,360 | $23.0M | Add +0.5% |
| AVGO Broadcom Inc. | 0.57% | 76,188 | $21.0M | Reduce -9.6% |
| XLF SS Financial Select Sector | 0.55% | 385,364 | $20.2M | Add +3.5% |
| ACN Accenture PLC Class A | 0.54% | 66,391 | $19.8M | Reduce -0.4% |
| ABBV Abbvie Inc. | 0.53% | 105,278 | $19.5M | Add +2.1% |
| XLV SS Health Care Select Sector | 0.53% | 144,394 | $19.5M | Reduce -49.0% |
| KMB Kimberly-Clark Corp. | 0.52% | 148,406 | $19.1M | Add +4.4% |
| HPE Hewlett Packard Enterprise | 0.51% | 924,597 | $18.9M | Reduce -29.9% |
| V Visa Inc. Class A | 0.50% | 51,988 | $18.5M | Reduce -1.1% |
| BMY Bristol-Myers Squibb Co. | 0.50% | 397,858 | $18.4M | Reduce -5.9% |
| EOG EOG Resources Inc. | 0.50% | 152,350 | $18.2M | Add +1.3% |
| AGG iShares Core U.S. Aggregate | 0.49% | 182,864 | $18.1M | Add +36.6% |
| MDT Medtronic PLC | 0.49% | 205,825 | $17.9M | Add +1.4% |
| PAYX Paychex Inc. | 0.48% | 122,227 | $17.8M | Reduce -0.3% |
| GILD Gilead Sciences Inc. | 0.47% | 157,273 | $17.4M | Reduce -3.9% |
| AMD Advanced Micro Devices | 0.46% | 120,065 | $17.0M | Reduce -6.1% |
| CRM Salesforce Inc. | 0.45% | 61,008 | $16.6M | Reduce -1.8% |
| CSCO Cisco Systems Inc. | 0.45% | 237,431 | $16.5M | Reduce -3.5% |
| JNJ Johnson & Johnson | 0.44% | 106,981 | $16.3M | Add +3.4% |
| AVLC Avantis US LG Cap Eq ETF | 0.44% | 228,760 | $16.3M | Add +59.1% |
| ADBE Adobe Inc. | 0.44% | 41,387 | $16.0M | Add +0.9% |
| ZM Zoom Communications Inc. | 0.42% | 199,832 | $15.6M | Reduce -3.7% |
| XLE SS Energy Select Sector | 0.41% | 178,110 | $15.1M | Reduce -38.2% |
| IJR iShares Core S&P Small-Cap E | 0.38% | 128,433 | $14.0M | Reduce -3.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.37% | 285,283 | $13.5M | Add +4.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.37% | 21,798 | $13.5M | Reduce -0.7% |
| AMAT Applied Materials Inc. | 0.36% | 73,002 | $13.4M | Reduce -3.7% |
| LULU Lululemon Athletica Inc. | 0.36% | 55,861 | $13.3M | Reduce -3.6% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.36% | 137,211 | $13.2M | Reduce -34.6% |
| ASML ASML Holding NV-NY Reg SHS | 0.35% | 16,176 | $13.0M | Reduce -8.7% |
| AXP American Express Co. | 0.35% | 40,391 | $12.9M | Add +0.7% |
| GOOG Alphabet Inc. Class C | 0.35% | 72,444 | $12.9M | Add +1.6% |
| DFAE Dimensional Emerging Core Eq | 0.34% | 429,356 | $12.4M | Add +13.4% |
| UPS United Parcel Service Class B | 0.34% | 122,892 | $12.4M | Reduce -18.5% |
| SCHX Schwab US Large-Cap ETF | 0.34% | 506,933 | $12.4M | Add +18.6% |
| INCY Incyte Corp. | 0.33% | 180,015 | $12.3M | Reduce -2.3% |
| VZ Verizon Communications Inc. | 0.32% | 271,947 | $11.8M | Add +1.2% |
| DXCM Dexcom Inc. | 0.32% | 134,054 | $11.7M | Reduce -0.7% |
| CTSH Cognizant Tech Solutions-A | 0.32% | 149,281 | $11.6M | Reduce -2.1% |
| VCR Vanguard Consumer Discre ETF | 0.30% | 30,298 | $11.0M | Add +6.5% |
| IJH iShares Core S&P Midcap ETF | 0.30% | 175,391 | $10.9M | Reduce -0.1% |
| PYPL PayPal Holdings Inc. | 0.28% | 140,390 | $10.4M | Reduce -1.8% |
| CVX Chevron Corp. | 0.28% | 71,468 | $10.2M | Add +10.8% |
| MU Micron Technology Inc. | 0.27% | 81,603 | $10.1M | Reduce -51.8% |
| HSY The Hershey Co. | 0.27% | 59,803 | $9.9M | Reduce -38.6% |
| XYL Xylem Inc. | 0.27% | 75,619 | $9.8M | Reduce -31.0% |
| JIRE JPMorgan Int Res Enh Eqty | 0.26% | 135,004 | $9.6M | Add +37.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.26% | 76,484 | $9.5M | Reduce -52.6% |
| IWM iShares Russell 2000 ETF | 0.26% | 43,919 | $9.5M | Reduce -12.2% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.24% | 222,186 | $9.0M | Add +1.2% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.24% | 265,903 | $9.0M | Reduce -0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.24% | 17,952 | $8.7M | Reduce -0.2% |
| EFA iShares MSCI Eafe ETF | 0.24% | 97,408 | $8.7M | Add +0.4% |
| PEP Pepsico Inc. | 0.24% | 65,782 | $8.7M | Reduce -12.1% |
| XOM Exxon Mobil Corp. | 0.24% | 80,312 | $8.7M | Add +3.5% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.24% | 125,356 | $8.7M | Add +17.2% |
| FTXL First Trust Nasdaq Semicondu | 0.24% | 90,142 | $8.6M | New |
| ALGN Align Technology Inc. | 0.23% | 45,026 | $8.5M | New |
| RHI Robert Half Inc. | 0.23% | 203,139 | $8.3M | Reduce -26.9% |
| CLX Clorox Company | 0.23% | 68,879 | $8.3M | Add +16.2% |
| ABT Abbott Laboratories | 0.22% | 59,789 | $8.1M | Add +1.4% |
| LMT Lockheed Martin Corp. | 0.22% | 17,445 | $8.1M | Add +5.8% |
| FTEC Fidelity MSCI Info Tech Indx | 0.22% | 40,096 | $7.9M | New |
| KCE SS SPDR S&P Cap MKTS ETF | 0.21% | 53,775 | $7.8M | New |
| GSK GSK PLC-Spon ADR | 0.21% | 201,452 | $7.7M | Add +28.9% |
| MKC McCormick & Co.-Non VTG SHRS | 0.20% | 96,626 | $7.3M | Add +3.8% |
| NKE Nike Inc. Class B | 0.20% | 101,667 | $7.2M | Reduce -32.4% |
| GNRC Generac Holdings Inc. | 0.20% | 50,219 | $7.2M | Add +1.5% |
| CMCSA Comcast Corp. Class A | 0.19% | 198,045 | $7.1M | Reduce -8.3% |
Portfolio Sells Q1 2025 → Q2 2025
| BKLN Invesco Senior Loan ETF | Reduce -98.3% | 0.10% | −6.45 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -99.8% | 0.01% | −6.33 |
| HYD Vaneck High Yield Muni ETF | Reduce -99.5% | 0.01% | −1.89 |
| SJNK SS SPDR BB St Hi Yield ETF | Reduce -18.6% | 4.60% | −1.74 |
| XLV SS Health Care Select Sector | Reduce -49.0% | 0.53% | −0.75 |
| AAPL Apple Inc. | Reduce -0.9% | 2.42% | −0.58 |
| XLE SS Energy Select Sector | Reduce -38.2% | 0.41% | −0.42 |
| UNH Unitedhealth Group Inc. | Reduce -85.7% | 0.03% | −0.34 |
| BMY Bristol-Myers Squibb Co. | Reduce -5.9% | 0.50% | −0.30 |
| HSY The Hershey Co. | Reduce -38.6% | 0.27% | −0.25 |
| RHI Robert Half Inc. | Reduce -26.9% | 0.23% | −0.24 |
| TROW T Rowe Price Group Inc. | Reduce -34.6% | 0.36% | −0.24 |
| DIS The Walt Disney Co. | Reduce -52.6% | 0.26% | −0.23 |
| MU Micron Technology Inc. | Reduce -51.8% | 0.27% | −0.18 |
| LEA Lear Corp. | Reduce -82.0% | 0.04% | −0.18 |
| JHML John Hancock Multi Fact LRG | Reduce -1.0% | 3.27% | −0.18 |
| UPS United Parcel Service Class B | Reduce -18.5% | 0.34% | −0.18 |
| LULU Lululemon Athletica Inc. | Reduce -3.6% | 0.36% | −0.15 |
| XYL Xylem Inc. | Reduce -31.0% | 0.27% | −0.14 |
| HPE Hewlett Packard Enterprise | Reduce -29.9% | 0.51% | −0.11 |
| BIIB Biogen Inc. | Reduce -30.9% | 0.14% | −0.11 |
| PEP Pepsico Inc. | Reduce -12.1% | 0.24% | −0.11 |
| ETF SER SOLUTIONS | Reduce -1.5% | 0.71% | −0.11 |
| ACN Accenture PLC Class A | Reduce -0.4% | 0.54% | −0.10 |
| PAYX Paychex Inc. | Reduce -0.3% | 0.48% | −0.10 |
| SLB SLB Ltd. | Reduce -0.2% | 0.24% | −0.10 |
| NKE Nike Inc. Class B | Reduce -32.4% | 0.20% | −0.10 |
| GILD Gilead Sciences Inc. | Reduce -3.9% | 0.47% | −0.09 |
| QCOM Qualcomm Inc. | Reduce -1.9% | 0.78% | −0.09 |
| PRF Invesco Rafi US 1000 ETF | Reduce -0.8% | 0.91% | −0.09 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -48.3% | 0.07% | −0.08 |
| V Visa Inc. Class A | Reduce -1.1% | 0.50% | −0.07 |
| CRM Salesforce Inc. | Reduce -1.8% | 0.45% | −0.06 |
| STZ Constellation Brands Inc. Class A | Reduce -15.2% | 0.12% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.2% | 0.24% | −0.06 |
| CMCSA Comcast Corp. Class A | Reduce -8.3% | 0.19% | −0.05 |
| IWM iShares Russell 2000 ETF | Reduce -12.2% | 0.26% | −0.05 |
| IJR iShares Core S&P Small-Cap E | Reduce -3.9% | 0.38% | −0.05 |
| ZM Zoom Communications Inc. | Reduce -3.7% | 0.42% | −0.05 |
| CTSH Cognizant Tech Solutions-A | Reduce -2.1% | 0.32% | −0.04 |
| XLC SS Comm Select Sector SPDR | Reduce -1.3% | 1.88% | −0.04 |
| IEO iShares U.S. Oil & Gas Explo | Reduce -17.7% | 0.07% | −0.03 |
| XLI SS Industrial Select Sector | Reduce -1.7% | 1.06% | −0.03 |
| HIPS Graniteshares Hips US High I | Sold out | 0.00% | −0.03 |
| CSCO Cisco Systems Inc. | Reduce -3.5% | 0.45% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.1% | 0.30% | −0.02 |
| GGG Graco Inc. | Reduce -6.8% | 0.11% | −0.02 |
| INTC Intel Corp. | Reduce -25.3% | 0.04% | −0.02 |
| GOOGL Alphabet Inc. Class A | Reduce -2.6% | 0.80% | −0.02 |
| IYE iShares U.S. Energy ETF | Reduce -50.8% | 0.01% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| SPHY SS SPDR P High Yield ETF | New | 4.54% | +4.54 |
| USHY iShares Broad Usd High Yield | New | 4.54% | +4.54 |
| IEFA iShares Core MSCI Eafe ETF | Add +78.4% | 8.05% | +3.40 |
| XLK SS Technology Select Sector | Add +71.0% | 3.61% | +1.65 |
| SUB iShares Short-Term National | Add +10878.5% | 1.58% | +1.57 |
| HYMB SS SPDR N Ice HY Muni ETF | Add +12353.6% | 1.53% | +1.52 |
| JMST JPM Ultra-Short Muni Income | New | 1.51% | +1.51 |
| IEMG iShares Core MSCI Emerging | Add +50.8% | 4.12% | +1.33 |
| IVV iShares Core S&P 500 ETF | Add +11.1% | 4.17% | +0.31 |
| FTXL First Trust Nasdaq Semicondu | New | 0.24% | +0.24 |
| ALGN Align Technology Inc. | New | 0.23% | +0.23 |
| FTEC Fidelity MSCI Info Tech Indx | New | 0.22% | +0.22 |
| KCE SS SPDR S&P Cap MKTS ETF | New | 0.21% | +0.21 |
| WDAY Workday Inc. Class A | New | 0.19% | +0.19 |
| ZION Zions Bancorp NA | New | 0.18% | +0.18 |
| RSPC Invesco S&P 500 Equal Weig C | New | 0.18% | +0.18 |
| AVLC Avantis US LG Cap Eq ETF | Add +59.1% | 0.44% | +0.16 |
| VIS Vanguard Industrials ETF | New | 0.11% | +0.11 |
| CGW Invesco S&P Global Water Ind | New | 0.10% | +0.10 |
| ETN Eaton Corp. PLC | Add +1.4% | 0.66% | +0.10 |
| IYT iShares US Transportation Et | New | 0.10% | +0.10 |
| AGG iShares Core U.S. Aggregate | Add +36.6% | 0.49% | +0.08 |
| VDC Vanguard Consumer Staple ETF | New | 0.07% | +0.07 |
| JIRE JPMorgan Int Res Enh Eqty | Add +37.9% | 0.26% | +0.07 |
| IBB iShares Biotechnology ETF | New | 0.06% | +0.06 |
| XSD SS SPDR S&P Semiconductor | New | 0.05% | +0.05 |
| RSPS Invesco S&P 500 Equal Weight | New | 0.05% | +0.05 |
| SCHX Schwab US Large-Cap ETF | Add +18.6% | 0.34% | +0.05 |
| VGT Vanguard Info Tech ETF | Add +168.1% | 0.06% | +0.04 |
| IHE iShares US Pharmaceuticals E | New | 0.04% | +0.04 |
| FXG First Trust Consumer Staples | New | 0.04% | +0.04 |
| FCOM Fidelity MSCI Comm Serv Indx | New | 0.04% | +0.04 |
| XLY SS Consumer Disc Select Sect | Add +9.2% | 0.65% | +0.04 |
| DFAE Dimensional Emerging Core Eq | Add +13.4% | 0.34% | +0.04 |
| ORCL Oracle Corp. | Add +10.3% | 0.08% | +0.03 |
| IYW iShares Ustechnology ETF | New | 0.02% | +0.02 |
| GSK GSK PLC-Spon ADR | Add +28.9% | 0.21% | +0.02 |
| ESGD iShares Trust iShares ESG Aw | Add +59.0% | 0.06% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +17.1% | 0.17% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +19.9% | 0.10% | +0.02 |
| VXUS Vanguard Total Intl Stock | New | 0.02% | +0.02 |
| GEV GE Vernova Inc. | Add +1.0% | 0.05% | +0.02 |
| SOXX iShares Semiconductor ETF | New | 0.02% | +0.02 |
| AXP American Express Co. | Add +0.7% | 0.35% | +0.02 |
| AMZN Amazon.com Inc. | Add +0.4% | 0.87% | +0.02 |
| BAC Bank of America Corp. | Add +4.3% | 0.37% | +0.01 |
| COST Costco Wholesale Corp. | Add +46.4% | 0.06% | +0.01 |
| PSI Invesco Semiconductors ETF | New | 0.01% | +0.01 |
| RSP Invesco S&P 500 Equal Weight | Add +10.7% | 0.64% | +0.01 |
| IHF iShares U.S. Healthcare Prov | Add +176.7% | 0.02% | +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 |