Manchester Capital Management LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 5, 2024), Manchester Capital Management LLC reported 1,175 stock positions worth $854.1 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 12.8% of the portfolio, followed by United Parcel Service Class B (UPS, 8.0%) and Apple (AAPL, 7.1%). Compared with Q2 2024, it opened 57 new positions, sold out of 31, added to 385 and reduced 207. The biggest buy was Oracle (ORCL, shares +1%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −9%).

Most Recent 13F
Q2 2026
Location
MANCHESTER, VT
CIK
0001393389
Portfolio Value
$854.1M (Q3 2024)
SEC Filing
0001393389-24-000004 ↗ filed Nov 5, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $811.1M Q1 2024 Q2 2024: $831.7M Q2 2024 Q3 2024: $854.1M $854.1M Q3 2024 Q4 2024: $861.5M Q4 2024 Q1 2025: $814.3M Q1 2025 Q2 2025: $760.2M Q2 2025 Q3 2025: $736.7M Q3 2025 Q4 2025: $734.7M Q4 2025 Q1 2026: $694.3M Q1 2026 Q2 2026: $768.4M Q2 2026

Holdings 1,175 stocks · $854.1M
SPY SS SPDR S&P 500 ETF Trust-US 12.79% 190,421 $109.3M Reduce -8.7%
UPS United Parcel Service Class B 7.99% 500,464 $68.2M Add +1.7%
AAPL Apple Inc. 7.06% 258,952 $60.3M Reduce -1.5%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 3.44% 269,807 $29.4M Add +0.1%
AMZN Amazon.com Inc. 3.07% 140,676 $26.2M Reduce -1.0%
VOO Vanguard S&P 500 ETF 2.82% 45,716 $24.1M Reduce -6.3%
VUG Vanguard Mrngstar GR ETF-Sui 2.10% 46,740 $17.9M Add +0.0%
MSFT Microsoft Corp. 2.10% 41,658 $17.9M Add +1.9%
FTAI Ftai Aviation Ltd. 1.87% 119,888 $15.9M No change
VTV Vanguard Mrngstr Val ETF-Aui 1.67% 81,695 $14.3M Reduce -22.9%
DSI iShares ESG MSCI KLD 400 ETF 1.59% 124,859 $13.6M Add +4.9%
NVDA Nvidia Corp. 1.46% 102,402 $12.4M Add +4.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd 1.43% 46,233 $12.2M Reduce -1.3%
VT Vanguard Tot World STK ETF 1.18% 83,958 $10.0M Reduce -24.8%
GOOGL Alphabet Inc. Class A 1.14% 58,758 $9.7M Add +0.1%
GOOG Alphabet Inc. Class C 1.05% 53,519 $8.9M Add +1.2%
VEU Vanguard Ftse All-World Ex-U 1.01% 136,405 $8.6M No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.99% 50,426 $8.5M No change
VNQ Vanguard Real Estate ETF 0.90% 78,884 $7.7M Reduce -0.5%
VB Vanguard Most SM-Cap ETF-Usd 0.84% 30,141 $7.1M Reduce -1.6%
VWO Vanguard Ftse Emerging Marke 0.82% 146,080 $7.0M Reduce -21.8%
ORCL Oracle Corp. 0.76% 38,194 $6.5M Add +0.8%
VEA Vanguard Ftse Developed ETF 0.74% 118,900 $6.3M Reduce -9.4%
OEF iShares S&P 100 ETF 0.70% 21,754 $6.0M No change
JNJ Johnson & Johnson 0.66% 35,027 $5.7M Add +0.5%
HD Home Depot Inc. 0.63% 13,328 $5.4M Add +1.3%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.62% 26,442 $5.3M No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.60% 19,219 $5.1M Reduce -0.8%
XLK SS Technology Select Sector 0.60% 22,742 $5.1M Reduce -1.7%
VTI VG Morningstar TS MKT ETF-US 0.59% 17,936 $5.1M Add +0.0%
MRK Merck & Co. Inc. 0.59% 44,236 $5.0M Reduce -0.5%
IWD iShares Russell 1000 Value E 0.58% 25,944 $4.9M Add +0.1%
IVV iShares Core S&P 500 ETF 0.55% 8,194 $4.7M Reduce -57.8%
BDX Becton Dickinson and Co. 0.54% 19,228 $4.6M Add +0.0%
ABBV Abbvie Inc. 0.51% 22,248 $4.4M Add +1.2%
PG The Procter & Gamble Co. 0.51% 25,325 $4.4M Add +0.6%
JPM JPMorgan Chase & Co. 0.50% 20,202 $4.3M Reduce -0.1%
LLY Eli Lilly & Co. 0.49% 4,704 $4.2M Add +12.9%
QCOM Qualcomm Inc. 0.48% 23,952 $4.1M Reduce -1.4%
IWM iShares Russell 2000 ETF 0.42% 16,256 $3.6M Reduce -46.0%
TSLA Tesla Inc. 0.38% 12,535 $3.3M Add +3.1%
VGT Vanguard Info Tech ETF 0.37% 5,440 $3.2M Reduce -0.7%
UNH Unitedhealth Group Inc. 0.37% 5,361 $3.1M Add +2.2%
VYM Vanguard High DVD Yield ETF 0.36% 23,780 $3.0M Reduce -4.9%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.36% 12,493 $3.0M No change
XLP SS Consumer Staples Sel Sect 0.35% 35,596 $3.0M Add +0.6%
LOW Lowe's Cos Inc. 0.35% 10,901 $3.0M Add +0.8%
MCD McDonald's Corp. 0.34% 9,410 $2.9M Add +2.4%
COST Costco Wholesale Corp. 0.33% 3,168 $2.8M Reduce -2.7%
IWB iShares Russell 1000 ETF 0.33% 8,854 $2.8M Reduce -0.1%
EFA iShares MSCI Eafe ETF 0.32% 32,365 $2.7M No change
WMT Walmart Inc. 0.30% 31,630 $2.6M Reduce -0.1%
ABT Abbott Laboratories 0.29% 21,773 $2.5M Add +0.1%
MA Mastercard Inc. Class A 0.28% 4,795 $2.4M Add +0.6%
AVGO Broadcom Inc. 0.27% 13,483 $2.3M Add +0.3%
APH Amphenol Corp. Class A 0.27% 35,658 $2.3M Reduce -0.7%
PEP Pepsico Inc. 0.27% 13,654 $2.3M Add +0.1%
KO The Coca-Cola Co. 0.27% 32,167 $2.3M Add +2.4%
EOG EOG Resources Inc. 0.27% 18,669 $2.3M Add +0.0%
IWF iShares Russell 1000 Growth 0.26% 5,892 $2.2M No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.26% 2,112 $2.2M No change
UNP Union Pacific Corp. 0.25% 8,567 $2.1M Add +0.5%
AMGN Amgen Inc. 0.24% 6,406 $2.1M Add +0.9%
META Meta Platforms Inc. Class A 0.23% 3,460 $2.0M Add +8.6%
IVW iShares S&P 500 Growth ETF 0.23% 20,421 $2.0M Reduce -0.2%
TMO Thermo Fisher Scientific Inc. 0.23% 3,155 $2.0M Reduce -1.9%
IWV iShares Russell 3000 ETF 0.22% 5,868 $1.9M No change
GILD Gilead Sciences Inc. 0.22% 22,578 $1.9M Add +2.2%
AMP Ameriprise Financial Inc. 0.22% 3,942 $1.9M Add +0.9%
RDFN Redfin Corp. 0.21% 146,165 $1.8M No change
V Visa Inc. Class A 0.21% 6,511 $1.8M Reduce -1.9%
USMV iShares MSCI USA Min Vol Fac 0.21% 19,400 $1.8M No change
FISV Fiserv Inc. 0.21% 9,782 $1.8M No change
UPST Upstart Holdings Inc. 0.20% 43,691 $1.7M No change
EEM iShares MSCI Emerging Market 0.20% 37,811 $1.7M No change
XYL Xylem Inc. 0.20% 12,429 $1.7M Add +0.2%
TPL Texas Pacific Land Corp. 0.20% 1,887 $1.7M No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.19% 20,405 $1.6M No change
CSCO Cisco Systems Inc. 0.19% 30,561 $1.6M Add +1.7%
AMD Advanced Micro Devices 0.18% 9,479 $1.6M Add +4.9%
ADBE Adobe Inc. 0.18% 2,990 $1.5M Add +3.6%
PH Parker Hannifin Corp. 0.18% 2,434 $1.5M Add +0.3%
AXP American Express Co. 0.18% 5,586 $1.5M Add +24.0%
QQQ Invesco QQQ Trust Series 1 0.18% 3,076 $1.5M Add +1.2%
BLK BlackRock Finance Inc. 0.18% 1,581 $1.5M Add +1.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.17% 6,647 $1.5M Add +1.8%
BKNG Booking Holdings Inc. 0.17% 344 $1.4M Add +0.9%
MDY State Street SPDR S&P Midcap 0.17% 2,528 $1.4M Reduce -3.8%
ACN Accenture PLC Class A 0.17% 3,995 $1.4M Add +0.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.16% 35,431 $1.4M Reduce -4.5%
NKE Nike Inc. Class B 0.16% 15,876 $1.4M Add +12.8%
BRK.A Berkshire Hathaway Inc. Class A 0.16% 2 $1.4M No change
VFH Vanguard Financials ETF 0.16% 12,381 $1.4M No change
AWK American Water Works Co. Inc. 0.16% 9,175 $1.3M Add +2.1%
CAT Caterpillar Inc. 0.15% 3,305 $1.3M Add +3.5%
PNR Pentair PLC 0.15% 13,190 $1.3M No change
VHT Vanguard Health Care ETF 0.15% 4,570 $1.3M Add +1.7%
HON Honeywell International Inc. 0.15% 6,157 $1.3M Add +1.2%
PFE Pfizer Inc. 0.15% 43,811 $1.3M Add +0.7%
CEG Constellation Energy 0.15% 4,837 $1.3M Add +1.0%

Show all 1,175 holdings

Options reported separately and not counted above: QQQ puts ($244K).

Portfolio Sells Q2 2024 → Q3 2024
SPY SS SPDR S&P 500 ETF Trust-US Reduce -8.7% 12.79% −0.85
IVV iShares Core S&P 500 ETF Reduce -57.8% 0.55% −0.72
VTV Vanguard Mrngstr Val ETF-Aui Reduce -22.9% 1.67% −0.37
VT Vanguard Tot World STK ETF Reduce -24.8% 1.18% −0.34
IWM iShares Russell 2000 ETF Reduce -46.0% 0.42% −0.31
AMZN Amazon.com Inc. Reduce -1.0% 3.07% −0.23
VWO Vanguard Ftse Emerging Marke Reduce -21.8% 0.82% −0.16
VOO Vanguard S&P 500 ETF Reduce -6.3% 2.82% −0.11
QCOM Qualcomm Inc. Reduce -1.4% 0.48% −0.10
NVO Novo-Nordisk A/S-Spons ADR Reduce -27.2% 0.12% −0.08
MINT PIMCO Enhanced Short Maturit Sold out 0.00% −0.07
MRK Merck & Co. Inc. Reduce -0.5% 0.59% −0.07
CDNS Cadence Design SYS Inc. Reduce -87.1% 0.01% −0.05
VEA Vanguard Ftse Developed ETF Reduce -9.4% 0.74% −0.04
CCJ Cameco Corp. Reduce -95.8% 0.00% −0.04
DG Dollar General Corp. Sold out 0.00% −0.03
IVOO Vanguard S&P Mid-Cap 400 ETF Reduce -29.0% 0.08% −0.03
XLK SS Technology Select Sector Reduce -1.7% 0.60% −0.03
MEDP Medpace Holdings Inc. Reduce -99.8% 0.00% −0.03
ADSK Autodesk Inc. Reduce -56.3% 0.02% −0.02
NVEE NV5 Global Inc. Sold out 0.00% −0.02
SMCI Super Micro Computer Inc. Reduce -99.5% 0.00% −0.02
VGLT Vanguard Long-Term Treasury Reduce -42.3% 0.03% −0.02
LEVI Levi Strauss & Co. Class A Sold out 0.00% −0.02
WLK Westlake Corp. Sold out 0.00% −0.02
SNPS Synopsys Inc. Reduce -36.8% 0.02% −0.02
APH Amphenol Corp. Class A Reduce -0.7% 0.27% −0.02
SHW The Sherwin-Williams Co. Reduce -79.9% 0.01% −0.02
STLD Steel Dynamics Inc. Reduce -96.7% 0.00% −0.02
BLDR Builders Firstsource Inc. Reduce -99.2% 0.00% −0.02
XLY SS Consumer Disc Select Sect Reduce -41.6% 0.03% −0.02
SGI Somnigroup International Inc. Sold out 0.00% −0.02
CVX Chevron Corp. Reduce -5.0% 0.11% −0.02
VXF Vanguard Extended Market ETF Reduce -20.4% 0.08% −0.02
VST Vistra Corp. Reduce -55.8% 0.02% −0.01
CE Celanese Corp. Reduce -68.5% 0.01% −0.01
MPC Marathon Petroleum Corp. Reduce -65.8% 0.01% −0.01
ELV Elevance Health Inc. Reduce -16.5% 0.05% −0.01
BAC Bank of America Corp. Reduce -4.5% 0.16% −0.01
BA The Boeing Co. Reduce -0.0% 0.06% −0.01
ABNB Airbnb Inc. Class A Reduce -52.2% 0.01% −0.01
HES Hess Corp. Reduce -1.3% 0.08% −0.01
VLO Valero Energy Corp. Reduce -58.8% 0.01% −0.01
VIS Vanguard Industrials ETF Reduce -52.1% 0.01% −0.01
VIG Vanguard Dividend Apprec ETF Reduce -24.2% 0.04% −0.01
HUM Humana Inc. Reduce -5.8% 0.03% −0.01
MNST Monster Beverage Corp. Reduce -93.7% 0.00% −0.01
VGT Vanguard Info Tech ETF Reduce -0.7% 0.37% −0.01
XLC SS Comm Select Sector SPDR Reduce -12.3% 0.06% −0.01
ENB Enbridge Inc. Reduce -85.2% 0.00% −0.01

Portfolio Buys Q2 2024 → Q3 2024
ORCL Oracle Corp. Add +0.8% 0.76% +0.12
PYLD PIMCO Multisector Bond Actv New 0.11% +0.11
DSI iShares ESG MSCI KLD 400 ETF Add +4.9% 1.59% +0.10
TSLA Tesla Inc. Add +3.1% 0.38% +0.09
HD Home Depot Inc. Add +1.3% 0.63% +0.09
ABBV Abbvie Inc. Add +1.2% 0.51% +0.06
FALN iShares Fallen Angels ETF New 0.06% +0.06
LOW Lowe's Cos Inc. Add +0.8% 0.35% +0.06
MCD McDonald's Corp. Add +2.4% 0.34% +0.05
AXP American Express Co. Add +24.0% 0.18% +0.05
JNJ Johnson & Johnson Add +0.5% 0.66% +0.05
GBDC Golub Capital BDC Inc. New 0.05% +0.05
UNH Unitedhealth Group Inc. Add +2.2% 0.37% +0.05
UBER Uber Technologies Inc. Add +638.9% 0.05% +0.05
PFXF Vaneck Pref Sec X-Financials New 0.04% +0.04
GILD Gilead Sciences Inc. Add +2.2% 0.22% +0.04
META Meta Platforms Inc. Class A Add +8.6% 0.23% +0.04
NKE Nike Inc. Class B Add +12.8% 0.16% +0.04
IBM Intl Business Machines Corp. Add +1.8% 0.17% +0.04
LLY Eli Lilly & Co. Add +12.9% 0.49% +0.03
JPIE JPMorgan Income ETF New 0.03% +0.03
IWD iShares Russell 1000 Value E Add +0.1% 0.58% +0.03
PH Parker Hannifin Corp. Add +0.3% 0.18% +0.03
CEG Constellation Energy Add +1.0% 0.15% +0.03
SOXX iShares Semiconductor ETF Add +402.3% 0.04% +0.03
VZ Verizon Communications Inc. Add +51.2% 0.08% +0.03
BRO Brown & Brown Inc. Add +20.8% 0.11% +0.03
KO The Coca-Cola Co. Add +2.4% 0.27% +0.03
BLK BlackRock Finance Inc. Add +1.3% 0.18% +0.03
GEV GE Vernova Inc. Add +714.5% 0.03% +0.03
PM Philip Morris International Add +22.0% 0.09% +0.03
BMY Bristol-Myers Squibb Co. Add +1.8% 0.14% +0.03
FWONA Liberty Media Corp. Class A Add +120.1% 0.04% +0.03
DTM DT Midstream Inc. New 0.02% +0.02
MA Mastercard Inc. Class A Add +0.6% 0.28% +0.02
LDOS Leidos Holdings Inc. Add +63900.0% 0.02% +0.02
EVR Evercore Inc. Class A Add +73.7% 0.05% +0.02
MMM 3M Co. Add +0.1% 0.10% +0.02
JLL Jones Lang Lasalle Inc. Add +15060.0% 0.02% +0.02
CAT Caterpillar Inc. Add +3.5% 0.15% +0.02
SFM Sprouts Farmers Market Inc. Add +1919.5% 0.02% +0.02
NRG NRG Energy Inc. Add +490.9% 0.03% +0.02
SBUX Starbucks Corp. Add +3.1% 0.10% +0.02
CBOE Cboe Global Markets Inc. Add +0.0% 0.14% +0.02
VPC Virtus Private Credit Strate New 0.02% +0.02
ACN Accenture PLC Class A Add +0.6% 0.17% +0.02
XLP SS Consumer Staples Sel Sect Add +0.6% 0.35% +0.02
HLI Houlihan Lokey Inc. Add +1210.3% 0.02% +0.02
AFRM Affirm Holdings Inc. New 0.02% +0.02
OKE Oneok Inc. Add +179.2% 0.03% +0.02

Options Activity Q2 2024 → Q3 2024
QQQ Invesco QQQ Trust Series 1 put Reduce -75.0% 500 $244K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q2 2024 → Q3 2024
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Sold out 15 $18Kbefore exit
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Sold out 10 $12Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,312$768.4MSPY, AAPL, UPS, VOO, AMZN
Q1 2026 1,305$694.3MSPY, AAPL, UPS, FTAI, AMZN
Q4 2025 1,341$734.7MSPY, AAPL, UPS, AMZN, VOO
Q3 2025 1,288$736.7MSPY, AAPL, UPS, VOO, AMZN
Q2 2025 1,199$760.2MSPY, AAPL, UPS, AMZN, VOO
Q1 2025 1,169$814.3MSPY, AAPL, UPS, TROW, VOO
Q4 2024 1,153$861.5MSPY, AAPL, UPS, TROW, VOO
Q3 2024 1,175$854.1MSPY, UPS, AAPL, TROW, AMZN
Q2 2024 1,146$831.7MSPY, UPS, AAPL, TROW, AMZN
Q1 2024 1,029$811.1MSPY, UPS, AAPL, TROW, AMZN