Hemenway Trust Co LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 18, 2025), Hemenway Trust Co LLC reported 127 stock positions worth $1.2 billion. Its top holding was Apple (AAPL) at 4.9% of the portfolio, followed by Mastercard Class A (MA, 4.5%) and Fiserv (FISV, 4.5%). Compared with Q4 2024, it opened 7 new positions, sold out of 5, added to 44 and reduced 47. The biggest buy was Abbott Laboratories (ABT, shares +4%) and the biggest sale Becton Dickinson and (BDX, shares −71%).

Most Recent 13F
Q2 2026
Location
SALEM, NH
CIK
0001494234
Portfolio Value
$1.2B (Q1 2025)
SEC Filing
0001494234-25-000009 ↗ filed Apr 18, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.2B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.3B Q3 2024 Q4 2024: $1.2B Q4 2024 Q1 2025: $1.2B $1.2B Q1 2025 Q2 2025: $1.3B Q2 2025 Q3 2025: $1.3B Q3 2025 Q4 2025: $1.3B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $1.4B Q2 2026

Holdings 127 stocks · $1.2B
AAPL Apple Inc. 4.94% 273,101 $60.7M Add +2.2%
MA Mastercard Inc. Class A 4.52% 101,380 $55.6M Add +1.4%
FISV Fiserv Inc. 4.49% 249,487 $55.1M Reduce -2.4%
MSFT Microsoft Corp. 4.34% 141,888 $53.3M Add +3.2%
ABT Abbott Laboratories 4.02% 372,188 $49.4M Add +4.1%
NVDA Nvidia Corp. 3.99% 452,367 $49.0M Add +0.3%
GOOGL Alphabet Inc. Class A 3.98% 315,962 $48.9M Add +3.4%
AMZN Amazon.com Inc. 3.84% 248,165 $47.2M Add +3.5%
ADP Automatic Data Processing 3.83% 153,893 $47.0M Add +3.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 3.29% 331,992 $40.4M Add +3.4%
ADI Analog Devices Inc. 3.17% 193,215 $39.0M Add +3.9%
HD Home Depot Inc. 3.17% 106,251 $38.9M Add +5.3%
PG The Procter & Gamble Co. 3.03% 218,020 $37.2M Add +3.8%
ATR Aptargroup Inc. 2.97% 245,954 $36.5M Add +4.5%
DHR Danaher Corp. 2.82% 168,909 $34.6M Add +4.8%
RTX RTX Corp. 2.81% 260,628 $34.5M Add +4.2%
JNJ Johnson & Johnson 2.78% 206,245 $34.2M Add +2.8%
ROK Rockwell Automation Inc. 2.35% 111,876 $28.9M Add +2.4%
SBGSY Schneider Elect SE-Unsp ADR 2.32% 620,431 $28.5M Add +5.8%
UNH Unitedhealth Group Inc. 2.30% 53,943 $28.3M Add +1.4%
AMD Advanced Micro Devices 2.20% 262,889 $27.0M Add +2.5%
XYL Xylem Inc. 2.18% 224,613 $26.8M Add +5.7%
VRTX Vertex Pharmaceuticals Inc. 2.14% 54,324 $26.3M Add +9.9%
CVX Chevron Corp. 2.10% 154,289 $25.8M Add +2.4%
CNI Canadian Natl Railway Co. 1.91% 240,729 $23.5M Reduce -7.4%
CARR Carrier Global Corp. 1.91% 369,426 $23.4M Add +12.4%
MKC McCormick & Co.-Non VTG SHRS 1.64% 244,088 $20.1M Add +13.6%
GQGIX GQG Part Emerg MKTS Eq-Inst 1.48% 1,104,140 $18.2M Add +14.0%
ARIMX Amg RR Smid Val-I filed as AMG RIVER ROAD SMALL-MID CAP V 1.47% 1,866,542 $18.1M Add +12.2%
BRK.A Berkshire Hathaway Inc. Class A 1.04% 16 $12.8M Reduce -20.0%
WM Waste Management Inc. 0.92% 48,996 $11.3M No change
VFIAX Vanguard 500 Index-Adm 0.90% 21,360 $11.1M Reduce -0.3%
CRM Salesforce Inc. 0.74% 33,929 $9.1M Add +55.0%
BALL Ball Corp. 0.71% 166,741 $8.7M Reduce -41.3%
NEE Nextera Energy Inc. 0.65% 112,909 $8.0M Add +8.6%
NSRGY Nestle SA-Spons ADR 0.53% 64,887 $6.6M Reduce -59.1%
UNP Union Pacific Corp. 0.49% 25,493 $6.0M Reduce -0.4%
ABBV Abbvie Inc. 0.46% 27,121 $5.7M Reduce -3.6%
ADBE Adobe Inc. 0.40% 12,804 $4.9M Add +5.1%
LLY Eli Lilly & Co. 0.38% 5,685 $4.7M New
FPACX Fpa Crescent Fund-Inst 0.38% 116,708 $4.7M Add +56.9%
BPIRX Boston Part L/S Research-Ins filed as ROBECO BOSTON PARTNERS LONG SH 0.36% 321,736 $4.4M Add +65.8%
NVO Novo-Nordisk A/S-Spons ADR 0.36% 63,080 $4.4M Add +486.5%
HON Honeywell International Inc. 0.31% 17,774 $3.8M Reduce -2.7%
UBER Uber Technologies Inc. 0.28% 47,211 $3.4M New
BDX Becton Dickinson and Co. 0.28% 14,750 $3.4M Reduce -71.2%
WMT Walmart Inc. 0.25% 34,748 $3.1M Reduce -4.7%
JPM JPMorgan Chase & Co. 0.22% 10,904 $2.7M Add +4.8%
TMO Thermo Fisher Scientific Inc. 0.22% 5,374 $2.7M Reduce -0.6%
CRWD CrowdStrike Holdings Inc. Class A 0.20% 7,047 $2.5M Add +0.4%
ECL Ecolab Inc. 0.18% 8,716 $2.2M Reduce -1.6%
RELX Relx PLC - Spon ADR 0.16% 38,775 $2.0M Add +4.1%
BRK.B Berkshire Hathaway Inc. Class B 0.16% 3,618 $1.9M Add +23.1%
XOM Exxon Mobil Corp. 0.15% 15,917 $1.9M Reduce -3.6%
APH Amphenol Corp. Class A 0.15% 28,805 $1.9M Reduce -2.7%
VTSAX VNGD Mrngst TS MK Idx FD-Adm filed as VANGUARD TOTAL STOCK MKT IDX ADM 0.13% 11,863 $1.6M No change
NTAP Netapp Inc. 0.12% 17,250 $1.5M Reduce -14.8%
COST Costco Wholesale Corp. 0.12% 1,591 $1.5M Reduce -2.2%
CP Canadian Pacific Kansas City 0.12% 20,856 $1.5M Add +98.9%
SPY SS SPDR S&P 500 ETF Trust-US 0.11% 2,480 $1.4M Reduce -34.5%
GOOG Alphabet Inc. Class C 0.11% 8,562 $1.3M Reduce -0.6%
CHD Church & Dwight Co. Inc. 0.11% 12,012 $1.3M Reduce -9.6%
VWILX Vanguard Intl Growth-Adm 0.11% 12,600 $1.3M No change
PEP Pepsico Inc. 0.09% 7,331 $1.1M Reduce -17.3%
SYK Stryker Corp. 0.07% 2,455 $914K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.07% 3,630 $903K Add +9.5%
EOG EOG Resources Inc. 0.07% 6,995 $897K Reduce -2.7%
AMT American Tower Corp. 0.07% 3,904 $850K Reduce -6.7%
IWB iShares Russell 1000 ETF 0.07% 2,760 $847K Reduce -4.5%
IVV iShares Core S&P 500 ETF 0.07% 1,477 $830K Reduce -23.2%
MRK Merck & Co. Inc. 0.07% 9,229 $828K Reduce -7.0%
V Visa Inc. Class A 0.07% 2,315 $811K Reduce -1.1%
ASML ASML Holding NV-NY Reg SHS 0.07% 1,217 $806K Add +7.1%
PM Philip Morris International 0.06% 4,524 $718K Reduce -0.9%
SPYM Ste STR SPDR PT S&P 500 ETF 0.06% 10,832 $712K No change
VEA Vanguard Ftse Developed ETF 0.05% 12,561 $638K Add +1.9%
NVS Novartis AG-Sponsored ADR 0.05% 5,403 $602K Reduce -21.2%
MTD Mettler-Toledo International 0.05% 500 $590K No change
IDXX Idexx Laboratories Inc. 0.05% 1,373 $577K Reduce -10.0%
RGEN Repligen Corp. 0.04% 4,250 $541K No change
PRDGX T Rowe PR Dividend Grow-Inv 0.04% 6,248 $490K Reduce -5.4%
KO The Coca-Cola Co. 0.04% 6,779 $486K Reduce -13.7%
GIS General Mills Inc. 0.04% 7,882 $471K Reduce -0.9%
META Meta Platforms Inc. Class A 0.04% 792 $457K Add +10.2%
DE Deere & Co. 0.04% 965 $453K No change
ITW Illinois Tool Works 0.04% 1,801 $447K Reduce -3.2%
DRI Darden Restaurants Inc. 0.03% 2,000 $416K Reduce -0.7%
CB Chubb Ltd. 0.03% 1,355 $409K Reduce -27.1%
AXP American Express Co. 0.03% 1,400 $377K New
AVGO Broadcom Inc. 0.03% 2,200 $368K Reduce -5.2%
RY Royal Bank of Canada 0.03% 3,190 $360K No change
TD Toronto-Dominion Bank 0.03% 5,860 $351K Reduce -0.8%
ORCL Oracle Corp. 0.03% 2,401 $336K Add +0.6%
GE General Electric filed as GE AEROSPACE 0.03% 1,676 $335K Add +9.0%
AMGN Amgen Inc. 0.03% 1,075 $335K Reduce -10.6%
SCHW Schwab (charles) Corp. 0.03% 4,085 $320K New
MDLZ Mondelez International Inc. Class A 0.03% 4,607 $313K Reduce -19.1%
PFE Pfizer Inc. 0.02% 12,000 $304K Reduce -2.0%
ISRG Intuitive Surgical Inc. 0.02% 584 $289K No change
SMCWX Amer FND Smallcap WRLD-A filed as AMERICAN FUNDS SMALL CAP WORLD 0.02% 4,508 $284K No change
CL Colgate-Palmolive Co. 0.02% 2,992 $280K Reduce -20.3%
CIPMX Champlain Mid Cap Fund-Adv 0.02% 12,920 $279K No change
MO Altria Group Inc. 0.02% 4,600 $276K Reduce -13.2%
MDT Medtronic PLC 0.02% 3,009 $270K Reduce -92.5%
QCOM Qualcomm Inc. 0.02% 1,755 $270K No change
CVS CVS Health Corp. 0.02% 3,928 $266K Reduce -32.6%
VTV Vanguard Mrngstr Val ETF-Aui 0.02% 1,500 $259K No change
QUAL iShares MSCI USA Quality Fac 0.02% 1,500 $256K Reduce -16.0%
VOO Vanguard S&P 500 ETF 0.02% 485 $249K No change
EPD Enterprise Products Partners 0.02% 7,300 $249K No change
AON Aon PLC Class A 0.02% 624 $249K No change
IVOO Vanguard S&P Mid-Cap 400 ETF 0.02% 2,492 $246K No change
VTEI Vanguard Int Tax-Exempt Bond 0.02% 2,483 $245K No change
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.02% 5,140 $244K No change
CSCO Cisco Systems Inc. 0.02% 3,920 $242K Reduce -31.6%
VIOO Vanguard S&P Small-Cap 600 E 0.02% 2,457 $237K No change
MMM 3M Co. 0.02% 1,579 $232K No change
UHS Universal Health Services-B 0.02% 1,200 $225K No change
DLR Digital Realty Trust Inc. 0.02% 1,564 $224K No change
SGIIX First Eagle Global-I 0.02% 2,887 $208K New
BMY Bristol-Myers Squibb Co. 0.02% 3,400 $207K New
CEF Sprott Physical Gold and Sil 0.02% 7,160 $203K New
TT Trane Technologies PLC 0.02% 600 $202K No change
DCI Donaldson Co. Inc. 0.02% 3,000 $201K No change
FFFFX Fidelity Freedom 2040 0.01% 15,086 $175K No change
THM Intl Tower Hill Mines Ltd. filed as INTERNATIONAL TOWER HILL MIN 0.00% 83,400 $53K No change
FRAC FIRST HORIZON NATL CORP filed as FIRST HORIZON NAT'L FRACTIONAL 0.00% 187,721 $2 No change

Portfolio Sells Q4 2024 → Q1 2025
BDX Becton Dickinson and Co. Reduce -71.2% 0.28% −0.67
BALL Ball Corp. Reduce -41.3% 0.71% −0.56
NSRGY Nestle SA-Spons ADR Reduce -59.1% 0.53% −0.52
MDT Medtronic PLC Reduce -92.5% 0.02% −0.24
CNI Canadian Natl Railway Co. Reduce -7.4% 1.91% −0.23
NTAP Netapp Inc. Reduce -14.8% 0.12% −0.07
SPY SS SPDR S&P 500 ETF Trust-US Reduce -34.5% 0.11% −0.07
BRK.A Berkshire Hathaway Inc. Class A Reduce -20.0% 1.04% −0.06
VFIAX Vanguard 500 Index-Adm Reduce -0.3% 0.90% −0.04
TSLA Tesla Inc. Sold out 0.00% −0.04
HON Honeywell International Inc. Reduce -2.7% 0.31% −0.03
IVV iShares Core S&P 500 ETF Reduce -23.2% 0.07% −0.02
GOOG Alphabet Inc. Class C Reduce -0.6% 0.11% −0.02
NOVOZYMES A S DKK 2.0 Sold out 0.00% −0.02
PEP Pepsico Inc. Reduce -17.3% 0.09% −0.02
WMT Walmart Inc. Reduce -4.7% 0.25% −0.02
INTC Intel Corp. Sold out 0.00% −0.02
SYY Sysco Corp. Sold out 0.00% −0.02
CCVAX Calvert Small Cap Fund-A Sold out 0.00% −0.02
AVGO Broadcom Inc. Reduce -5.2% 0.03% −0.01
APH Amphenol Corp. Class A Reduce -2.7% 0.15% −0.01
MRK Merck & Co. Inc. Reduce -7.0% 0.07% −0.01
TMO Thermo Fisher Scientific Inc. Reduce -0.6% 0.22% −0.01
CB Chubb Ltd. Reduce -27.1% 0.03% −0.01
CSCO Cisco Systems Inc. Reduce -31.6% 0.02% −0.01
IWB iShares Russell 1000 ETF Reduce -4.5% 0.07% −0.01
CHD Church & Dwight Co. Inc. Reduce -9.6% 0.11% −0.01
NVS Novartis AG-Sponsored ADR Reduce -21.2% 0.05% −0.01
QUAL iShares MSCI USA Quality Fac Reduce -16.0% 0.02% −0.00
CL Colgate-Palmolive Co. Reduce -20.3% 0.02% −0.00
IDXX Idexx Laboratories Inc. Reduce -10.0% 0.05% −0.00
GIS General Mills Inc. Reduce -0.9% 0.04% −0.00
MDLZ Mondelez International Inc. Class A Reduce -19.1% 0.03% −0.00
ITW Illinois Tool Works Reduce -3.2% 0.04% −0.00
PFE Pfizer Inc. Reduce -2.0% 0.02% −0.00
PRDGX T Rowe PR Dividend Grow-Inv Reduce -5.4% 0.04% −0.00
KO The Coca-Cola Co. Reduce -13.7% 0.04% −0.00
MO Altria Group Inc. Reduce -13.2% 0.02% 0.00
CVS CVS Health Corp. Reduce -32.6% 0.02% +0.00
COST Costco Wholesale Corp. Reduce -2.2% 0.12% +0.00
EOG EOG Resources Inc. Reduce -2.7% 0.07% +0.00
AMGN Amgen Inc. Reduce -10.6% 0.03% +0.00
TD Toronto-Dominion Bank Reduce -0.8% 0.03% +0.00
DRI Darden Restaurants Inc. Reduce -0.7% 0.03% +0.00
V Visa Inc. Class A Reduce -1.1% 0.07% +0.01
AMT American Tower Corp. Reduce -6.7% 0.07% +0.01
XOM Exxon Mobil Corp. Reduce -3.6% 0.15% +0.01
ECL Ecolab Inc. Reduce -1.6% 0.18% +0.01
PM Philip Morris International Reduce -0.9% 0.06% +0.01
UNP Union Pacific Corp. Reduce -0.4% 0.49% +0.02

Portfolio Buys Q4 2024 → Q1 2025
ABT Abbott Laboratories Add +4.1% 4.02% +0.74
VRTX Vertex Pharmaceuticals Inc. Add +9.9% 2.14% +0.53
RTX RTX Corp. Add +4.2% 2.81% +0.46
JNJ Johnson & Johnson Add +2.8% 2.78% +0.43
LLY Eli Lilly & Co. New 0.38% +0.38
CVX Chevron Corp. Add +2.4% 2.10% +0.33
MKC McCormick & Co.-Non VTG SHRS Add +13.6% 1.64% +0.31
ADP Automatic Data Processing Add +3.1% 3.83% +0.28
NVO Novo-Nordisk A/S-Spons ADR Add +486.5% 0.36% +0.28
UBER Uber Technologies Inc. New 0.28% +0.28
MA Mastercard Inc. Class A Add +1.4% 4.52% +0.25
XYL Xylem Inc. Add +5.7% 2.18% +0.18
GQGIX GQG Part Emerg MKTS Eq-Inst Add +14.0% 1.48% +0.18
PG The Procter & Gamble Co. Add +3.8% 3.03% +0.17
CRM Salesforce Inc. Add +55.0% 0.74% +0.15
BPIRX Boston Part L/S Research-Ins Add +65.8% 0.36% +0.15
TJX TJX Companies Inc. Add +3.4% 3.29% +0.15
FPACX Fpa Crescent Fund-Inst Add +56.9% 0.38% +0.14
ARIMX Amg RR Smid Val-I Add +12.2% 1.47% +0.12
UNH Unitedhealth Group Inc. Add +1.4% 2.30% +0.12
CARR Carrier Global Corp. Add +12.4% 1.91% +0.09
CP Canadian Pacific Kansas City Add +98.9% 0.12% +0.06
BRK.B Berkshire Hathaway Inc. Class B Add +23.1% 0.16% +0.05
NEE Nextera Energy Inc. Add +8.6% 0.65% +0.05
AXP American Express Co. New 0.03% +0.03
SCHW Schwab (charles) Corp. New 0.03% +0.03
RELX Relx PLC - Spon ADR Add +4.1% 0.16% +0.02
SGIIX First Eagle Global-I New 0.02% +0.02
BMY Bristol-Myers Squibb Co. New 0.02% +0.02
CEF Sprott Physical Gold and Sil New 0.02% +0.02
JPM JPMorgan Chase & Co. Add +4.8% 0.22% +0.02
IBM Intl Business Machines Corp. Add +9.5% 0.07% +0.01
CRWD CrowdStrike Holdings Inc. Class A Add +0.4% 0.20% +0.01
GE General Electric Add +9.0% 0.03% +0.01
VEA Vanguard Ftse Developed ETF Add +1.9% 0.05% +0.00
META Meta Platforms Inc. Class A Add +10.2% 0.04% +0.00
ASML ASML Holding NV-NY Reg SHS Add +7.1% 0.07% +0.00
ORCL Oracle Corp. Add +0.6% 0.03% −0.00
HD Home Depot Inc. Add +5.3% 3.17% −0.01
ATR Aptargroup Inc. Add +4.5% 2.97% −0.03
ADI Analog Devices Inc. Add +3.9% 3.17% −0.03
ADBE Adobe Inc. Add +5.1% 0.40% −0.04
SBGSY Schneider Elect SE-Unsp ADR Add +5.8% 2.32% −0.04
ROK Rockwell Automation Inc. Add +2.4% 2.35% −0.18
DHR Danaher Corp. Add +4.8% 2.82% −0.18
AMD Advanced Micro Devices Add +2.5% 2.20% −0.31
MSFT Microsoft Corp. Add +3.2% 4.34% −0.36
AMZN Amazon.com Inc. Add +3.5% 3.84% −0.42
AAPL Apple Inc. Add +2.2% 4.94% −0.49
GOOGL Alphabet Inc. Class A Add +3.4% 3.98% −0.71

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 135$1.4BAMD, GOOGL, NVDA, AAPL, ADI
Q1 2026 135$1.2BGOOGL, NVDA, AAPL, ADI, MSFT
Q4 2025 127$1.3BGOOGL, NVDA, AAPL, MSFT, AMZN
Q3 2025 125$1.3BNVDA, MSFT, GOOGL, AAPL, MA
Q2 2025 127$1.3BMSFT, NVDA, AAPL, MA, GOOGL
Q1 2025 127$1.2BAAPL, MA, FISV, MSFT, ABT
Q4 2024 125$1.2BAAPL, NVDA, MSFT, GOOGL, MA
Q3 2024 135$1.3BAAPL, NVDA, MSFT, GOOGL, MA
Q2 2024 129$1.2BNVDA, MSFT, AAPL, GOOGL, AMZN
Q1 2024 132$1.2BMSFT, NVDA, GOOGL, AMD, AAPL