Howland Capital Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 8, 2025), Howland Capital Management LLC reported 267 stock positions worth $2.2 billion. Its top holding was Vanguard Ftse All-World Ex-U (VEU) at 5.3% of the portfolio, followed by Microsoft (MSFT, 4.8%) and Apple (AAPL, 4.4%). Compared with Q4 2024, it opened 4 new positions, sold out of 20, added to 87 and reduced 112. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +66%) and the biggest sale Vanguard Ftse All-World Ex-U (VEU, shares −23%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001079112
- Portfolio Value
- $2.2B (Q1 2025)
- SEC Filing
- 0001079112-25-000003 ↗ filed May 8, 2025
Holdings Value
Holdings 267 stocks · $2.2B
| VEU Vanguard Ftse All-World Ex-U | 5.33% | 1,970,170 | $119.5M | Reduce -22.9% |
| MSFT Microsoft Corp. | 4.79% | 286,079 | $107.4M | Reduce -5.3% |
| AAPL Apple Inc. | 4.44% | 448,414 | $99.6M | Add +8.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.35% | 183,089 | $97.5M | Reduce -3.7% |
| GOOGL Alphabet Inc. Class A | 3.94% | 571,895 | $88.4M | Add +0.6% |
| V Visa Inc. Class A | 2.77% | 177,319 | $62.1M | Reduce -3.2% |
| WSO Watsco Inc. | 2.60% | 114,824 | $58.4M | Reduce -3.4% |
| META Meta Platforms Inc. Class A | 2.45% | 95,403 | $55.0M | Reduce -0.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.45% | 450,788 | $54.9M | Reduce -3.9% |
| SPGI S&P Global Inc. | 2.35% | 103,794 | $52.7M | Reduce -1.3% |
| NVDA Nvidia Corp. | 2.33% | 481,443 | $52.2M | Add +7.1% |
| APH Amphenol Corp. Class A | 1.99% | 678,683 | $44.6M | Reduce -1.1% |
| ORLY O'reilly Automotive Inc. | 1.95% | 30,575 | $43.8M | Add +9.7% |
| ECL Ecolab Inc. | 1.92% | 169,534 | $43.1M | Add +1.1% |
| AMT American Tower Corp. | 1.91% | 196,801 | $42.8M | Reduce -3.5% |
| KNSL Kinsale Capital Group Inc. | 1.76% | 81,213 | $39.5M | Reduce -11.0% |
| TMO Thermo Fisher Scientific Inc. | 1.75% | 78,809 | $39.2M | Reduce -1.2% |
| DHR Danaher Corp. | 1.73% | 189,324 | $38.9M | Reduce -0.3% |
| SYK Stryker Corp. | 1.62% | 97,132 | $36.2M | Add +11.1% |
| WMT Walmart Inc. | 1.40% | 357,931 | $31.5M | Add +1.8% |
| MELI MercadoLibre Inc. | 1.40% | 16,146 | $31.5M | Reduce -2.4% |
| VOO Vanguard S&P 500 ETF | 1.34% | 58,622 | $30.1M | Add +66.5% |
| TEL Te Connectivity PLC | 1.34% | 212,119 | $30.0M | Reduce -2.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.33% | 53,323 | $29.9M | Reduce -2.1% |
| AWK American Water Works Co. Inc. | 1.31% | 199,907 | $29.5M | Add +5.3% |
| CB Chubb Ltd. | 1.31% | 97,107 | $29.4M | Reduce -0.6% |
| IBDR iShares Ibonds Dec 2026 Term | 1.29% | 1,194,473 | $28.9M | Reduce -0.4% |
| ADP Automatic Data Processing | 1.26% | 91,842 | $28.2M | Reduce -1.1% |
| AMZN Amazon.com Inc. | 1.19% | 140,331 | $26.7M | Add +91.2% |
| TDG Transdigm Group Inc. | 1.14% | 18,449 | $25.5M | Add +14.8% |
| MKC McCormick & Co.-Non VTG SHRS | 1.14% | 309,451 | $25.5M | Add +2.4% |
| PG The Procter & Gamble Co. | 1.13% | 148,643 | $25.3M | Add +25.8% |
| IBDQ iShares Ibonds Dec 2025 Term | 1.11% | 989,283 | $24.9M | Add +2.7% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 1.08% | 1,005,030 | $24.3M | Add +4.0% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.08% | 955,817 | $24.1M | Add +3.1% |
| CVX Chevron Corp. | 1.00% | 134,618 | $22.5M | Reduce -5.8% |
| TPL Texas Pacific Land Corp. | 0.97% | 16,468 | $21.8M | No change |
| NOW ServiceNow Inc. | 0.93% | 26,100 | $20.8M | Add +14.4% |
| IDXX Idexx Laboratories Inc. | 0.90% | 47,882 | $20.1M | Reduce -4.2% |
| ESGD iShares Trust iShares ESG Aw | 0.80% | 220,150 | $18.0M | Reduce -20.3% |
| UBER Uber Technologies Inc. | 0.77% | 237,637 | $17.3M | Add +17.0% |
| IBDU iShares Ibonds Dec 2029 Term | 0.77% | 747,461 | $17.3M | Add +23.8% |
| SNPS Synopsys Inc. | 0.76% | 39,887 | $17.1M | Add +0.8% |
| REGN Regeneron Pharmaceuticals | 0.75% | 26,688 | $16.9M | Add +72.9% |
| XOM Exxon Mobil Corp. | 0.73% | 137,645 | $16.4M | Reduce -1.1% |
| GE General Electric filed as GE AEROSPACE | 0.58% | 64,756 | $13.0M | Add +1.1% |
| XLE SS Energy Select Sector | 0.55% | 133,036 | $12.4M | Add +26.8% |
| JNJ Johnson & Johnson | 0.55% | 74,439 | $12.3M | Reduce -27.8% |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.54% | 562,248 | $12.2M | Add +36.8% |
| IXUS iShares Core Intl Stock ETF | 0.52% | 166,010 | $11.6M | Reduce -14.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.50% | 14 | $11.2M | Reduce -17.6% |
| MINT PIMCO Enhanced Short Maturit | 0.45% | 99,243 | $10.0M | Reduce -6.2% |
| COST Costco Wholesale Corp. | 0.42% | 9,904 | $9.4M | Add +6.9% |
| ANSS Ansys Inc. | 0.41% | 29,409 | $9.3M | Reduce -1.3% |
| JPM JPMorgan Chase & Co. | 0.41% | 37,657 | $9.2M | Add +9.1% |
| IBMQ iShares Ibonds Dec 2028 Muni | 0.38% | 332,915 | $8.4M | Add +11.2% |
| TRNO Terreno Realty Corp. | 0.35% | 124,185 | $7.9M | Add +1.5% |
| LDUR PIMCO Enhanced Low Duration | 0.33% | 77,040 | $7.4M | Reduce -1.2% |
| GOOG Alphabet Inc. Class C | 0.30% | 43,752 | $6.8M | Add +15.9% |
| BX Blackstone Inc. | 0.28% | 44,328 | $6.2M | Add +2.3% |
| ABBV Abbvie Inc. | 0.27% | 28,503 | $6.0M | Add +20.9% |
| GLD SPDR Gold Shares | 0.27% | 20,720 | $6.0M | No change |
| ABT Abbott Laboratories | 0.25% | 42,147 | $5.6M | Add +38.1% |
| PEP Pepsico Inc. | 0.24% | 35,660 | $5.3M | Reduce -4.3% |
| VNLA Janus Henderson Short Durati | 0.23% | 106,976 | $5.3M | Reduce -1.0% |
| KO The Coca-Cola Co. | 0.23% | 71,406 | $5.2M | Add +1.0% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.22% | 241,900 | $5.0M | Add +45.8% |
| IUSV iShares Core S&P U.S. Value | 0.22% | 54,270 | $5.0M | No change |
| GEV GE Vernova Inc. | 0.22% | 15,968 | $4.9M | Add +0.7% |
| NBIS Nebius Group NV | 0.22% | 230,030 | $4.9M | Add +0.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.21% | 17,493 | $4.8M | Reduce -1.1% |
| IBMO iShares Ibonds Dec 2026 Term | 0.21% | 181,686 | $4.6M | Add +9.9% |
| IBMP iShares Ibonds Dec 2027 Term | 0.20% | 176,600 | $4.5M | Add +7.1% |
| ETN Eaton Corp. PLC | 0.19% | 15,401 | $4.2M | Reduce -2.6% |
| PAYX Paychex Inc. | 0.18% | 26,010 | $4.0M | Reduce -24.6% |
| RSP Invesco S&P 500 Equal Weight | 0.17% | 21,587 | $3.7M | Reduce -26.6% |
| MA Mastercard Inc. Class A | 0.16% | 6,527 | $3.6M | Add +34.8% |
| VWO Vanguard Ftse Emerging Marke | 0.16% | 77,719 | $3.5M | Reduce -11.7% |
| ICSH iShares Ultra Short Duration | 0.16% | 68,735 | $3.5M | Reduce -5.5% |
| MRK Merck & Co. Inc. | 0.16% | 38,463 | $3.5M | Reduce -4.8% |
| IBTG iShares Ibonds Dec 2026 Term | 0.15% | 145,368 | $3.3M | Add +65.5% |
| IWF iShares Russell 1000 Growth | 0.14% | 8,969 | $3.2M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.14% | 12,708 | $3.2M | Add +68.5% |
| INDB Independent Bank Corp. | 0.14% | 49,800 | $3.1M | Reduce -33.0% |
| FISV Fiserv Inc. | 0.14% | 13,874 | $3.1M | Add +0.5% |
| HD Home Depot Inc. | 0.13% | 8,018 | $2.9M | Add +14.5% |
| MRSH Marsh & McLennan Cos | 0.13% | 11,982 | $2.9M | Add +11.4% |
| IAUM iShares Gold Trust Micro | 0.13% | 93,780 | $2.9M | New |
| IBTJ iShares Ibonds Dec 2029 Term | 0.13% | 132,066 | $2.9M | Add +237.1% |
| EMR Emerson Electric Co. | 0.13% | 26,184 | $2.9M | Reduce -1.2% |
| LLY Eli Lilly & Co. | 0.13% | 3,408 | $2.8M | Reduce -4.9% |
| MCD McDonald's Corp. | 0.12% | 8,763 | $2.7M | Reduce -0.8% |
| RTX RTX Corp. | 0.12% | 20,562 | $2.7M | Add +44.5% |
| CAT Caterpillar Inc. | 0.11% | 7,817 | $2.6M | No change |
| IBTI iShares Ibonds Dec 2028 Term | 0.11% | 114,663 | $2.6M | Add +202.2% |
| NUE Nucor Corp. | 0.11% | 20,867 | $2.5M | Reduce -2.8% |
| IBTF iShares Ibonds Dec 2025 Term | 0.11% | 106,747 | $2.5M | Add +16.9% |
| IBMR iShares Ibonds Dec 2029 M BD | 0.11% | 98,654 | $2.5M | Add +132.9% |
| IBTK iShares Ibonds Dec 2030 Trea | 0.11% | 124,700 | $2.5M | Add +278.7% |
| SYY Sysco Corp. | 0.11% | 32,194 | $2.4M | Reduce -0.5% |
Portfolio Sells Q4 2024 → Q1 2025
| VEU Vanguard Ftse All-World Ex-U | Reduce -22.9% | 5.33% | −1.10 |
| UNP Union Pacific Corp. | Reduce -91.5% | 0.10% | −1.06 |
| MSFT Microsoft Corp. | Reduce -5.3% | 4.79% | −0.79 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.61 |
| YUM Yum! Brands Inc. | Reduce -95.6% | 0.03% | −0.60 |
| DHR Danaher Corp. | Reduce -0.3% | 1.73% | −0.18 |
| AZPN Aspen Technology Inc. | Sold out | 0.00% | −0.13 |
| ESGD iShares Trust iShares ESG Aw | Reduce -20.3% | 0.80% | −0.12 |
| HYXF iShares ESG Adv High Yield | Sold out | 0.00% | −0.12 |
| ESGU iShares ESG Aware MSCI USA | Sold out | 0.00% | −0.10 |
| APH Amphenol Corp. Class A | Reduce -1.1% | 1.99% | −0.10 |
| JNJ Johnson & Johnson | Reduce -27.8% | 0.55% | −0.10 |
| KNSL Kinsale Capital Group Inc. | Reduce -11.0% | 1.76% | −0.10 |
| KVUE Kenvue Inc. | Sold out | 0.00% | −0.07 |
| INDB Independent Bank Corp. | Reduce -33.0% | 0.14% | −0.07 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.2% | 1.75% | −0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.1% | 1.33% | −0.07 |
| RSP Invesco S&P 500 Equal Weight | Reduce -26.6% | 0.17% | −0.06 |
| XOEX Xtrackers S&P 100 Ex Top 20 | Sold out | 0.00% | −0.05 |
| ILMN Illumina Inc. | Reduce -3.0% | 0.07% | −0.05 |
| IXUS iShares Core Intl Stock ETF | Reduce -14.9% | 0.52% | −0.05 |
| ETN Eaton Corp. PLC | Reduce -2.6% | 0.19% | −0.04 |
| EEM iShares MSCI Emerging Market | Reduce -37.4% | 0.07% | −0.04 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -28.4% | 0.09% | −0.04 |
| TJX TJX Companies Inc. | Reduce -3.9% | 2.45% | −0.03 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.03 |
| PAYX Paychex Inc. | Reduce -24.6% | 0.18% | −0.03 |
| TEL Te Connectivity PLC | Reduce -2.8% | 1.34% | −0.03 |
| BSV Vanguard Short-Term Bond ETF | Sold out | 0.00% | −0.03 |
| ANSS Ansys Inc. | Reduce -1.3% | 0.41% | −0.03 |
| AVGO Broadcom Inc. | Reduce -6.2% | 0.06% | −0.03 |
| XJR Ishr ESG SS S&P Smal-Cap-Usd | Sold out | 0.00% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -4.8% | 0.16% | −0.02 |
| MINT PIMCO Enhanced Short Maturit | Reduce -6.2% | 0.45% | −0.02 |
| UDR Udr Inc. | Sold out | 0.00% | −0.02 |
| ADBE Adobe Inc. | Reduce -15.8% | 0.06% | −0.02 |
| VCSH Vanguard S/T Corp. Bond ETF | Sold out | 0.00% | −0.02 |
| PFE Pfizer Inc. | Reduce -22.8% | 0.05% | −0.02 |
| EMR Emerson Electric Co. | Reduce -1.2% | 0.13% | −0.02 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -41.3% | 0.03% | −0.02 |
| PBD Invesco Global Clean Energy | Sold out | 0.00% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -11.7% | 0.16% | −0.01 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.01 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.01 |
| PEP Pepsico Inc. | Reduce -4.3% | 0.24% | −0.01 |
| VLTO Veralto Corp. | Sold out | 0.00% | −0.01 |
| XYL Xylem Inc. | Sold out | 0.00% | −0.01 |
| ORCL Oracle Corp. | Reduce -5.7% | 0.05% | −0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -36.8% | 0.01% | −0.01 |
| ZBH Zimmer Biomet Holdings Inc. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| VOO Vanguard S&P 500 ETF | Add +66.5% | 1.34% | +0.51 |
| ORLY O'reilly Automotive Inc. | Add +9.7% | 1.95% | +0.51 |
| AMZN Amazon.com Inc. | Add +91.2% | 1.19% | +0.48 |
| AWK American Water Works Co. Inc. | Add +5.3% | 1.31% | +0.28 |
| REGN Regeneron Pharmaceuticals | Add +72.9% | 0.75% | +0.27 |
| PG The Procter & Gamble Co. | Add +25.8% | 1.13% | +0.26 |
| TDG Transdigm Group Inc. | Add +14.8% | 1.14% | +0.25 |
| UBER Uber Technologies Inc. | Add +17.0% | 0.77% | +0.23 |
| SYK Stryker Corp. | Add +11.1% | 1.62% | +0.23 |
| ECL Ecolab Inc. | Add +1.1% | 1.92% | +0.20 |
| IBDU iShares Ibonds Dec 2029 Term | Add +23.8% | 0.77% | +0.17 |
| XLE SS Energy Select Sector | Add +26.8% | 0.55% | +0.16 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +36.8% | 0.54% | +0.16 |
| IAUM iShares Gold Trust Micro | New | 0.13% | +0.13 |
| MKC McCormick & Co.-Non VTG SHRS | Add +2.4% | 1.14% | +0.12 |
| GE General Electric | Add +1.1% | 0.58% | +0.11 |
| ABT Abbott Laboratories | Add +38.1% | 0.25% | +0.10 |
| IBTJ iShares Ibonds Dec 2029 Term | Add +237.1% | 0.13% | +0.09 |
| ABBV Abbvie Inc. | Add +20.9% | 0.27% | +0.08 |
| IBTK iShares Ibonds Dec 2030 Trea | Add +278.7% | 0.11% | +0.08 |
| IBTI iShares Ibonds Dec 2028 Term | Add +202.2% | 0.11% | +0.08 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +45.8% | 0.22% | +0.08 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +4.0% | 1.08% | +0.07 |
| IBM Intl Business Machines Corp. | Add +68.5% | 0.14% | +0.07 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +3.1% | 1.08% | +0.07 |
| IBMR iShares Ibonds Dec 2029 M BD | Add +132.9% | 0.11% | +0.06 |
| IBTG iShares Ibonds Dec 2026 Term | Add +65.5% | 0.15% | +0.06 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +2.7% | 1.11% | +0.05 |
| JPM JPMorgan Chase & Co. | Add +9.1% | 0.41% | +0.05 |
| RTX RTX Corp. | Add +44.5% | 0.12% | +0.05 |
| MA Mastercard Inc. Class A | Add +34.8% | 0.16% | +0.05 |
| COST Costco Wholesale Corp. | Add +6.9% | 0.42% | +0.05 |
| IBTL iShares Ibonds Dec 2031 Term | Add +161.7% | 0.07% | +0.05 |
| IBMQ iShares Ibonds Dec 2028 Muni | Add +11.2% | 0.38% | +0.05 |
| CSCO Cisco Systems Inc. | Add +63.1% | 0.10% | +0.04 |
| IBTH iShares Ibonds Dec 2027 Term | Add +57.7% | 0.10% | +0.04 |
| KO The Coca-Cola Co. | Add +1.0% | 0.23% | +0.04 |
| TRNO Terreno Realty Corp. | Add +1.5% | 0.35% | +0.03 |
| BMY Bristol-Myers Squibb Co. | Add +48.3% | 0.08% | +0.03 |
| MRSH Marsh & McLennan Cos | Add +11.4% | 0.13% | +0.03 |
| VYM Vanguard High DVD Yield ETF | Add +32.0% | 0.09% | +0.03 |
| IBDX iShares Ibonds Dec 2032 TC | New | 0.02% | +0.02 |
| IBIT iShares Bitcoin Trust ETF | Add +224.6% | 0.04% | +0.02 |
| IBMO iShares Ibonds Dec 2026 Term | Add +9.9% | 0.21% | +0.02 |
| CI The Cigna Group | Add +19.7% | 0.07% | +0.02 |
| IAU iShares Gold Trust | Add +4.3% | 0.10% | +0.02 |
| HON Honeywell International Inc. | Add +145.2% | 0.04% | +0.02 |
| IBTF iShares Ibonds Dec 2025 Term | Add +16.9% | 0.11% | +0.02 |
| IBMP iShares Ibonds Dec 2027 Term | Add +7.1% | 0.20% | +0.02 |
| CRM Salesforce Inc. | Add +95.9% | 0.04% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 278 | $2.8B | VEU, GOOGL, AAPL, NVDA, MSFT |
| Q1 2026 | 262 | $2.5B | VEU, GOOGL, AAPL, MSFT, NVDA |
| Q4 2025 | 270 | $2.6B | GOOGL, VEU, AAPL, MSFT, NVDA |
| Q3 2025 | 274 | $2.6B | MSFT, GOOGL, VEU, AAPL, NVDA |
| Q2 2025 | 272 | $2.5B | MSFT, VEU, GOOGL, AAPL, BRK.B |
| Q1 2025 | 267 | $2.2B | VEU, MSFT, AAPL, BRK.B, GOOGL |
| Q4 2024 | 283 | $2.3B | VEU, MSFT, GOOGL, AAPL, BRK.B |
| Q3 2024 | 277 | $2.3B | VEU, MSFT, AAPL, GOOGL, BRK.B |
| Q2 2024 | 272 | $2.1B | VEU, MSFT, GOOGL, AAPL, BRK.B |
| Q1 2024 | 263 | $2.1B | VEU, MSFT, GOOGL, BRK.B, AAPL |