Manchester Capital Management LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 30, 2025), Manchester Capital Management LLC reported 1,153 stock positions worth $861.5 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 13.0% of the portfolio, followed by Apple (AAPL, 7.5%) and United Parcel Service Class B (UPS, 7.2%). Compared with Q3 2024, it opened 32 new positions, sold out of 54, added to 311 and reduced 252. The biggest buy was Vanguard Info Tech ETF (VGT, shares +129%) and the biggest sale United Parcel Service Class B (UPS, shares −1%).

Most Recent 13F
Q2 2026
Location
MANCHESTER, VT
CIK
0001393389
Portfolio Value
$861.5M (Q4 2024)
SEC Filing
0001393389-25-000001 ↗ filed Jan 30, 2025

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 Q3 2024 Q4 2024: $861.5M $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 1,153 stocks · $861.5M
SPY SS SPDR S&P 500 ETF Trust-US 12.98% 190,821 $111.8M Add +0.2%
AAPL Apple Inc. 7.50% 258,068 $64.6M Reduce -0.3%
UPS United Parcel Service Class B 7.23% 493,830 $62.3M Reduce -1.3%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 3.54% 269,843 $30.5M Add +0.0%
VOO Vanguard S&P 500 ETF 2.79% 44,529 $24.0M Reduce -2.6%
AMZN Amazon.com Inc. 2.77% 108,944 $23.9M Reduce -22.6%
VUG Vanguard Mrngstar GR ETF-Sui 2.16% 45,386 $18.6M Reduce -2.9%
MSFT Microsoft Corp. 2.04% 41,600 $17.5M Reduce -0.1%
FTAI Ftai Aviation Ltd. 1.89% 112,913 $16.3M Reduce -5.8%
DSI iShares ESG MSCI KLD 400 ETF 1.69% 131,871 $14.5M Add +5.6%
NVDA Nvidia Corp. 1.57% 100,407 $13.5M Reduce -1.9%
VTV Vanguard Mrngstr Val ETF-Aui 1.55% 78,822 $13.3M Reduce -3.5%
VO Vngrd Mrngstr MD-Cap ETF-Usd 1.44% 46,991 $12.4M Add +1.6%
GOOGL Alphabet Inc. Class A 1.18% 53,721 $10.2M Reduce -8.6%
VT Vanguard Tot World STK ETF 1.18% 86,373 $10.1M Add +2.9%
GOOG Alphabet Inc. Class C 1.17% 52,743 $10.0M Reduce -1.4%
VEU Vanguard Ftse All-World Ex-U 0.95% 142,647 $8.2M Add +4.6%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.95% 50,600 $8.2M Add +0.3%
VGT Vanguard Info Tech ETF 0.90% 12,479 $7.8M Add +129.4%
VB Vanguard Most SM-Cap ETF-Usd 0.86% 30,891 $7.4M Add +2.5%
VNQ Vanguard Real Estate ETF 0.83% 80,113 $7.1M Add +1.6%
VEA Vanguard Ftse Developed ETF 0.77% 139,476 $6.7M Add +17.3%
ORCL Oracle Corp. 0.75% 38,987 $6.5M Add +2.1%
VWO Vanguard Ftse Emerging Marke 0.74% 144,217 $6.4M Reduce -1.3%
OEF iShares S&P 100 ETF 0.73% 21,754 $6.3M No change
VHT Vanguard Health Care ETF 0.68% 22,983 $5.8M Add +402.9%
XLK SS Technology Select Sector 0.63% 23,308 $5.4M Add +2.5%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.62% 19,205 $5.4M Reduce -0.1%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.61% 26,442 $5.2M No change
HD Home Depot Inc. 0.60% 13,316 $5.2M Reduce -0.1%
VTI VG Morningstar TS MKT ETF-US 0.60% 17,790 $5.2M Reduce -0.8%
TSLA Tesla Inc. 0.58% 12,283 $5.0M Reduce -2.0%
JNJ Johnson & Johnson 0.57% 34,078 $4.9M Reduce -2.7%
IVV iShares Core S&P 500 ETF 0.56% 8,194 $4.8M No change
IWD iShares Russell 1000 Value E 0.56% 25,966 $4.8M Add +0.1%
BDX Becton Dickinson and Co. 0.51% 19,524 $4.4M Add +1.5%
LLY Eli Lilly & Co. 0.49% 5,516 $4.3M Add +17.3%
MRK Merck & Co. Inc. 0.49% 42,663 $4.2M Reduce -3.6%
PG The Procter & Gamble Co. 0.49% 25,299 $4.2M Reduce -0.1%
JPM JPMorgan Chase & Co. 0.46% 16,665 $4.0M Reduce -17.5%
ABBV Abbvie Inc. 0.45% 22,003 $3.9M Reduce -1.1%
QCOM Qualcomm Inc. 0.43% 24,040 $3.7M Add +0.4%
IWM iShares Russell 2000 ETF 0.43% 16,621 $3.7M Add +2.3%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.37% 12,493 $3.2M No change
VYM Vanguard High DVD Yield ETF 0.35% 23,780 $3.0M No change
AVGO Broadcom Inc. 0.34% 12,593 $2.9M Reduce -6.6%
COST Costco Wholesale Corp. 0.33% 3,125 $2.9M Reduce -1.4%
WMT Walmart Inc. 0.33% 31,583 $2.9M Reduce -0.1%
IWB iShares Russell 1000 ETF 0.33% 8,854 $2.9M No change
XLP SS Consumer Staples Sel Sect 0.32% 35,170 $2.8M Reduce -1.2%
MCD McDonald's Corp. 0.32% 9,468 $2.7M Add +0.6%
LOW Lowe's Cos Inc. 0.31% 10,924 $2.7M Add +0.2%
UNH Unitedhealth Group Inc. 0.31% 5,321 $2.7M Reduce -0.8%
UPST Upstart Holdings Inc. 0.31% 43,392 $2.7M Reduce -0.7%
MA Mastercard Inc. Class A 0.30% 4,856 $2.6M Add +1.3%
ABT Abbott Laboratories 0.29% 22,225 $2.5M Add +2.1%
APH Amphenol Corp. Class A 0.29% 36,052 $2.5M Add +1.1%
EFA iShares MSCI Eafe ETF 0.28% 32,365 $2.4M No change
IWF iShares Russell 1000 Growth 0.27% 5,874 $2.4M Reduce -0.3%
EOG EOG Resources Inc. 0.27% 18,629 $2.3M Reduce -0.2%
V Visa Inc. Class A 0.25% 6,764 $2.1M Add +3.9%
AMP Ameriprise Financial Inc. 0.25% 3,992 $2.1M Add +1.3%
PEP Pepsico Inc. 0.25% 13,969 $2.1M Add +2.3%
TPL Texas Pacific Land Corp. 0.24% 1,886 $2.1M Reduce -0.1%
PTON Peloton Interactive Inc. Class A 0.24% 236,653 $2.1M No change
META Meta Platforms Inc. Class A 0.24% 3,505 $2.1M Add +1.3%
FISV Fiserv Inc. 0.23% 9,782 $2.0M No change
IWV iShares Russell 3000 ETF 0.23% 5,868 $2.0M No change
UNP Union Pacific Corp. 0.23% 8,572 $2.0M Add +0.1%
IVW iShares S&P 500 Growth ETF 0.23% 19,211 $2.0M Reduce -5.9%
CSCO Cisco Systems Inc. 0.20% 29,606 $1.8M Reduce -3.1%
USMV iShares MSCI USA Min Vol Fac 0.20% 19,400 $1.7M No change
BKNG Booking Holdings Inc. 0.20% 344 $1.7M No change
QQQ Invesco QQQ Trust Series 1 0.20% 3,298 $1.7M Add +7.2%
AMGN Amgen Inc. 0.19% 6,406 $1.7M No change
AXP American Express Co. 0.19% 5,558 $1.6M Reduce -0.5%
KO The Coca-Cola Co. 0.19% 26,112 $1.6M Reduce -18.8%
EEM iShares MSCI Emerging Market 0.19% 38,867 $1.6M Add +2.8%
VGSH Vanguard Short-Term Treasury 0.19% 27,434 $1.6M Add +967.5%
HON Honeywell International Inc. 0.18% 6,914 $1.6M Add +12.3%
PH Parker Hannifin Corp. 0.18% 2,436 $1.5M Add +0.1%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.18% 20,405 $1.5M No change
VFH Vanguard Financials ETF 0.17% 12,385 $1.5M Add +0.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.17% 6,648 $1.5M Add +0.0%
XYL Xylem Inc. 0.17% 12,483 $1.4M Add +0.4%
ACN Accenture PLC Class A 0.17% 4,114 $1.4M Add +3.0%
MDY State Street SPDR S&P Midcap 0.17% 2,528 $1.4M No change
GILD Gilead Sciences Inc. 0.16% 14,999 $1.4M Reduce -33.6%
BRK.A Berkshire Hathaway Inc. Class A 0.16% 2 $1.4M No change
ADBE Adobe Inc. 0.16% 3,058 $1.4M Add +2.3%
NKE Nike Inc. Class B 0.16% 17,880 $1.4M Add +12.6%
PNR Pentair PLC 0.15% 13,190 $1.3M No change
PFE Pfizer Inc. 0.15% 47,137 $1.3M Add +7.6%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.14% 1,170 $1.2M Reduce -44.6%
AMD Advanced Micro Devices 0.14% 10,207 $1.2M Add +7.7%
CBOE Cboe Global Markets Inc. 0.14% 6,295 $1.2M Add +5.8%
ISRG Intuitive Surgical Inc. 0.14% 2,316 $1.2M No change
GLD SPDR Gold Shares 0.14% 4,809 $1.2M Reduce -0.9%
TMO Thermo Fisher Scientific Inc. 0.14% 2,235 $1.2M Reduce -29.2%
RDFN Redfin Corp. 0.13% 146,579 $1.2M Add +0.3%

Show all 1,153 holdings

Lines left out (1) · $1 — a value with no share or principal amount
SecurityClassSharesValue
BGRN iShares Usd Green Bond ETF USD GRN BOND ETF0$1

Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.

Total filed on the 13F, all lines: $861.5M.

Portfolio Sells Q3 2024 → Q4 2024
UPS United Parcel Service Class B Reduce -1.3% 7.23% −0.76
AMZN Amazon.com Inc. Reduce -22.6% 2.77% −0.29
VTV Vanguard Mrngstr Val ETF-Aui Reduce -3.5% 1.55% −0.12
GWW WW Grainger Inc. Reduce -44.6% 0.14% −0.11
OSEA Harbor Intl Compounders ETF Reduce -90.0% 0.01% −0.11
CAT Caterpillar Inc. Reduce -69.6% 0.04% −0.11
CDW CDW Corp. Reduce -99.3% 0.00% −0.10
MRK Merck & Co. Inc. Reduce -3.6% 0.49% −0.10
TMO Thermo Fisher Scientific Inc. Reduce -29.2% 0.14% −0.09
JNJ Johnson & Johnson Reduce -2.7% 0.57% −0.09
KO The Coca-Cola Co. Reduce -18.8% 0.19% −0.08
VWO Vanguard Ftse Emerging Marke Reduce -1.3% 0.74% −0.08
BLK BlackRock Inc. Reduce -44.8% 0.10% −0.07
NVO Novo-Nordisk A/S-Spons ADR Reduce -37.4% 0.05% −0.07
MSFT Microsoft Corp. Reduce -0.1% 2.04% −0.06
GILD Gilead Sciences Inc. Reduce -33.6% 0.16% −0.06
ABBV Abbvie Inc. Reduce -1.1% 0.45% −0.06
UNH Unitedhealth Group Inc. Reduce -0.8% 0.31% −0.05
KMX Carmax Inc. Reduce -96.1% 0.00% −0.05
MCHP Microchip Technology Inc. Reduce -37.7% 0.04% −0.05
UBER Uber Technologies Inc. Reduce -88.5% 0.00% −0.05
BMY Bristol-Myers Squibb Co. Reduce -39.3% 0.09% −0.05
VOO Vanguard S&P 500 ETF Reduce -2.6% 2.79% −0.04
JPM JPMorgan Chase & Co. Reduce -17.5% 0.46% −0.04
BAC Bank of America Corp. Reduce -26.8% 0.13% −0.03
HD Home Depot Inc. Reduce -0.1% 0.60% −0.03
AOS Smith (a.o.) Corp. Reduce -0.1% 0.09% −0.03
MCK McKesson Corp. Reduce -61.9% 0.02% −0.03
AWK American Water Works Co. Inc. Reduce -0.3% 0.13% −0.03
XLP SS Consumer Staples Sel Sect Reduce -1.2% 0.32% −0.03
KLAC KLA Corp. Reduce -74.7% 0.01% −0.02
CEG Constellation Energy Reduce -0.1% 0.13% −0.02
PG The Procter & Gamble Co. Reduce -0.1% 0.49% −0.02
DAR Darling Ingredients Inc. Reduce -96.5% 0.00% −0.02
TTEK Tetra Tech Inc. Reduce -0.0% 0.11% −0.02
BAX Baxter International Inc. Reduce -2.0% 0.06% −0.02
TTE Totalenergies SE -Spon ADR Reduce -61.7% 0.01% −0.02
INTC Intel Corp. Reduce -19.5% 0.04% −0.02
AFRM Affirm Holdings Inc. Reduce -96.7% 0.00% −0.02
ETN Eaton Corp. PLC Reduce -13.9% 0.10% −0.02
EME Emcor Group Inc. Reduce -36.7% 0.03% −0.02
TGT Target Corp. Reduce -1.1% 0.09% −0.02
FICO Fair Isaac Corp. Reduce -32.7% 0.03% −0.02
FANG Diamondback Energy Inc. Reduce -49.4% 0.01% −0.02
VGLT Vanguard Long-Term Treasury Reduce -38.9% 0.02% −0.01
ELV Elevance Health Inc. Reduce -2.9% 0.03% −0.01
HAL Halliburton Co. Reduce -73.8% 0.00% −0.01
GD General Dynamics Corp. Reduce -0.4% 0.08% −0.01
LMT Lockheed Martin Corp. Reduce -0.4% 0.06% −0.01
FMC FMC Corp. Reduce -90.1% 0.00% −0.01

Portfolio Buys Q3 2024 → Q4 2024
VGT Vanguard Info Tech ETF Add +129.4% 0.90% +0.53
VHT Vanguard Health Care ETF Add +402.9% 0.68% +0.53
SPY SS SPDR S&P 500 ETF Trust-US Add +0.2% 12.98% +0.19
VGSH Vanguard Short-Term Treasury Add +967.5% 0.19% +0.17
RDDT Reddit Inc. Class A New 0.12% +0.12
TROW T Rowe Price Group Inc. Add +0.0% 3.54% +0.10
DSI iShares ESG MSCI KLD 400 ETF Add +5.6% 1.69% +0.10
LPX Louisiana-Pacific Corp. New 0.04% +0.04
ALL Allstate Corp. New 0.04% +0.04
VEA Vanguard Ftse Developed ETF Add +17.3% 0.77% +0.04
V Visa Inc. Class A Add +3.9% 0.25% +0.04
HON Honeywell International Inc. Add +12.3% 0.18% +0.03
AMP Ameriprise Financial Inc. Add +1.3% 0.25% +0.03
ANET Arista Networks Inc. New 0.03% +0.03
BNY Bank of New York Mellon Corp. Add +34.8% 0.09% +0.03
XLK SS Technology Select Sector Add +2.5% 0.63% +0.03
RCL Royal Caribbean Cruises Ltd. Add +71.2% 0.05% +0.03
KKR KKR & Co. Inc. Add +35.1% 0.08% +0.03
EL Estee Lauder Companies Class A Add +1242.4% 0.03% +0.03
VB Vanguard Most SM-Cap ETF-Usd Add +2.5% 0.86% +0.02
QQQ Invesco QQQ Trust Series 1 Add +7.2% 0.20% +0.02
DIS The Walt Disney Co. Add +3.7% 0.12% +0.02
MA Mastercard Inc. Class A Add +1.3% 0.30% +0.02
SNOW Snowflake Inc. Add +69.0% 0.03% +0.02
APH Amphenol Corp. Class A Add +1.1% 0.29% +0.02
VPC Virtus Private Credit Strate Add +87.5% 0.04% +0.02
CBT Cabot Corp. Add +1685.1% 0.02% +0.02
PLTR Palantir Technologies Inc. Class A Add +0.8% 0.03% +0.02
WFC Wells Fargo & Co. Add +2.0% 0.07% +0.01
GRAL Grail Inc. Add +86262.5% 0.01% +0.01
CELH Celsius Holdings Inc. Add +92260.0% 0.01% +0.01
CRWD CrowdStrike Holdings Inc. Class A Add +123.2% 0.02% +0.01
PYLD PIMCO Multisector Bond Actv Add +16.4% 0.13% +0.01
ROAD Construction Partners Inc. Class A New 0.01% +0.01
CRM Salesforce Inc. Add +13.2% 0.05% +0.01
IBIT iShares Bitcoin Trust ETF Add +205.0% 0.02% +0.01
LEVI Levi Strauss & Co. Class A New 0.01% +0.01
DECK Deckers Outdoor Corp. Add +1.1% 0.06% +0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +1.6% 1.44% +0.01
VSH Vishay Intertechnology Inc. Add +526.6% 0.01% +0.01
SCHW Schwab (charles) Corp. Add +59.5% 0.02% +0.01
BA The Boeing Co. Add +3.2% 0.07% +0.01
VFH Vanguard Financials ETF Add +0.0% 0.17% +0.01
FDS Factset Research Systems Inc. Add +5.6% 0.12% +0.01
COF Capital One Financial Corp. Add +1.1% 0.06% +0.01
URNM Sprott Uranium Miners ETF Add +30.7% 0.08% +0.01
VST Vistra Corp. Add +22.8% 0.03% +0.01
BX Blackstone Inc. Add +0.0% 0.07% +0.01
PINS Pinterest Inc. Class A Add +17692.3% 0.01% +0.01
ADP Automatic Data Processing Add +2.3% 0.11% +0.01

Options Activity Q3 2024 → Q4 2024
QQQ Invesco QQQ Trust Series 1 put Sold out 500 $244Kbefore exit

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

Notes & Other Activity Q3 2024 → Q4 2024
BGRN iShares Usd Green Bond ETF USD GRN BOND ETF Reduce -100.0% 0 $1

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