Manchester Capital Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Manchester Capital Management LLC reported 1,169 stock positions worth $814.3 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 13.1% of the portfolio, followed by Apple (AAPL, 7.1%) and United Parcel Service Class B (UPS, 6.7%). Compared with Q4 2024, it opened 57 new positions, sold out of 42, added to 479 and reduced 239. The biggest buy was Berkshire Hathaway Class A (BRK.A, shares +350%) and the biggest sale Vanguard Info Tech ETF (VGT, shares −65%).
- Most Recent 13F
- Q2 2026
- Location
- MANCHESTER, VT
- CIK
- 0001393389
- Portfolio Value
- $814.3M (Q1 2025)
- SEC Filing
- 0001393389-25-000004 ↗ filed May 9, 2025
Holdings Value
Holdings 1,169 stocks · $814.3M
| SPY SS SPDR S&P 500 ETF Trust-US | 13.05% | 190,021 | $106.3M | Reduce -0.4% |
| AAPL Apple Inc. | 7.08% | 259,381 | $57.6M | Add +0.5% |
| UPS United Parcel Service Class B | 6.68% | 494,620 | $54.4M | Add +0.2% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 3.05% | 270,085 | $24.8M | Add +0.1% |
| VOO Vanguard S&P 500 ETF | 2.78% | 44,000 | $22.6M | Reduce -1.2% |
| AMZN Amazon.com Inc. | 2.56% | 109,725 | $20.9M | Add +0.7% |
| DSI iShares ESG MSCI KLD 400 ETF | 2.10% | 167,092 | $17.1M | Add +26.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.06% | 45,329 | $16.8M | Reduce -0.1% |
| MSFT Microsoft Corp. | 1.97% | 42,634 | $16.0M | Add +2.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.80% | 84,817 | $14.7M | Add +7.6% |
| FTAI Ftai Aviation Ltd. | 1.54% | 112,913 | $12.5M | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.49% | 46,984 | $12.2M | Reduce -0.0% |
| NVDA Nvidia Corp. | 1.34% | 101,048 | $11.0M | Add +0.6% |
| VT Vanguard Tot World STK ETF | 1.14% | 79,993 | $9.3M | Reduce -7.4% |
| GOOGL Alphabet Inc. Class A | 1.06% | 55,703 | $8.6M | Add +3.7% |
| GOOG Alphabet Inc. Class C | 1.06% | 55,026 | $8.6M | Add +4.3% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.03% | 52,214 | $8.4M | Add +3.2% |
| VEU Vanguard Ftse All-World Ex-U | 1.02% | 136,448 | $8.3M | Reduce -4.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.88% | 9 | $7.2M | Add +350.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.85% | 31,077 | $6.9M | Add +0.6% |
| VEA Vanguard Ftse Developed ETF | 0.80% | 128,333 | $6.5M | Reduce -8.0% |
| VNQ Vanguard Real Estate ETF | 0.80% | 71,987 | $6.5M | Reduce -10.1% |
| JNJ Johnson & Johnson | 0.71% | 34,729 | $5.8M | Add +1.9% |
| IWD iShares Russell 1000 Value E | 0.71% | 30,583 | $5.8M | Add +17.8% |
| VWO Vanguard Ftse Emerging Marke | 0.68% | 122,589 | $5.5M | Reduce -15.0% |
| XLK SS Technology Select Sector | 0.68% | 26,760 | $5.5M | Add +14.8% |
| OEF iShares S&P 100 ETF | 0.66% | 19,929 | $5.4M | Reduce -8.4% |
| ORCL Oracle Corp. | 0.66% | 38,349 | $5.4M | Reduce -1.6% |
| HD Home Depot Inc. | 0.61% | 13,652 | $5.0M | Add +2.5% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.60% | 26,442 | $4.9M | No change |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.59% | 19,205 | $4.8M | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.59% | 17,387 | $4.8M | Reduce -2.3% |
| ABBV Abbvie Inc. | 0.56% | 21,921 | $4.6M | Reduce -0.4% |
| BDX Becton Dickinson and Co. | 0.55% | 19,729 | $4.5M | Add +1.1% |
| PG The Procter & Gamble Co. | 0.54% | 25,649 | $4.4M | Add +1.4% |
| JPM JPMorgan Chase & Co. | 0.53% | 17,466 | $4.3M | Add +4.8% |
| LLY Eli Lilly & Co. | 0.51% | 5,025 | $4.1M | Reduce -8.9% |
| MRK Merck & Co. Inc. | 0.46% | 42,031 | $3.8M | Reduce -1.5% |
| IWM iShares Russell 2000 ETF | 0.46% | 18,724 | $3.7M | Add +12.7% |
| QCOM Qualcomm Inc. | 0.46% | 24,169 | $3.7M | Add +0.5% |
| TSLA Tesla Inc. | 0.45% | 14,152 | $3.7M | Add +15.2% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.42% | 13,947 | $3.4M | Add +11.6% |
| VYM Vanguard High DVD Yield ETF | 0.39% | 24,500 | $3.2M | Add +3.0% |
| COST Costco Wholesale Corp. | 0.38% | 3,251 | $3.1M | Add +4.0% |
| ABT Abbott Laboratories | 0.37% | 22,647 | $3.0M | Add +1.9% |
| MCD McDonald's Corp. | 0.37% | 9,599 | $3.0M | Add +1.4% |
| UNH Unitedhealth Group Inc. | 0.36% | 5,674 | $3.0M | Add +6.6% |
| XLP SS Consumer Staples Sel Sect | 0.36% | 35,622 | $2.9M | Add +1.3% |
| WMT Walmart Inc. | 0.35% | 32,664 | $2.9M | Add +3.4% |
| MA Mastercard Inc. Class A | 0.33% | 4,902 | $2.7M | Add +0.9% |
| APH Amphenol Corp. Class A | 0.31% | 39,059 | $2.6M | Add +8.3% |
| V Visa Inc. Class A | 0.31% | 7,252 | $2.5M | Add +7.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.31% | 5,417 | $2.5M | Add +64.3% |
| LOW Lowe's Cos Inc. | 0.31% | 10,881 | $2.5M | Reduce -0.4% |
| TPL Texas Pacific Land Corp. | 0.31% | 1,886 | $2.5M | No change |
| VGT Vanguard Info Tech ETF | 0.29% | 4,426 | $2.4M | Reduce -64.5% |
| EOG EOG Resources Inc. | 0.29% | 18,654 | $2.4M | Add +0.1% |
| META Meta Platforms Inc. Class A | 0.29% | 4,118 | $2.4M | Add +17.5% |
| AVGO Broadcom Inc. | 0.27% | 13,178 | $2.2M | Add +4.7% |
| VGSH Vanguard Short-Term Treasury | 0.27% | 37,339 | $2.2M | Add +36.1% |
| EFA iShares MSCI Eafe ETF | 0.27% | 26,558 | $2.2M | Reduce -17.9% |
| IWF iShares Russell 1000 Growth | 0.26% | 5,872 | $2.1M | Reduce -0.0% |
| IVV iShares Core S&P 500 ETF | 0.26% | 3,772 | $2.1M | Reduce -54.0% |
| FISV Fiserv Inc. | 0.26% | 9,592 | $2.1M | Reduce -1.9% |
| PEP Pepsico Inc. | 0.26% | 14,118 | $2.1M | Add +1.1% |
| UNP Union Pacific Corp. | 0.25% | 8,767 | $2.1M | Add +2.3% |
| AMGN Amgen Inc. | 0.25% | 6,501 | $2.0M | Add +1.5% |
| UPST Upstart Holdings Inc. | 0.25% | 43,392 | $2.0M | No change |
| AMP Ameriprise Financial Inc. | 0.24% | 3,985 | $1.9M | Reduce -0.2% |
| IWR iShares Russell Mid-Cap ETF | 0.23% | 22,058 | $1.9M | Add +148.1% |
| CSCO Cisco Systems Inc. | 0.23% | 30,061 | $1.9M | Add +1.5% |
| KO The Coca-Cola Co. | 0.23% | 25,733 | $1.8M | Reduce -1.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.22% | 19,400 | $1.8M | No change |
| IVW iShares S&P 500 Growth ETF | 0.22% | 18,929 | $1.8M | Reduce -1.5% |
| IWB iShares Russell 1000 ETF | 0.21% | 5,662 | $1.7M | Reduce -36.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.21% | 22,914 | $1.7M | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.21% | 6,900 | $1.7M | Add +3.8% |
| EEM iShares MSCI Emerging Market | 0.21% | 38,919 | $1.7M | Add +0.1% |
| GILD Gilead Sciences Inc. | 0.21% | 14,979 | $1.7M | Reduce -0.1% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.20% | 20,405 | $1.6M | No change |
| BKNG Booking Holdings Inc. | 0.19% | 344 | $1.6M | No change |
| AXP American Express Co. | 0.19% | 5,722 | $1.5M | Add +3.0% |
| PTON Peloton Interactive Inc. Class A | 0.18% | 236,653 | $1.5M | No change |
| VFH Vanguard Financials ETF | 0.18% | 12,385 | $1.5M | No change |
| HON Honeywell International Inc. | 0.18% | 6,824 | $1.4M | Reduce -1.3% |
| CBOE Cboe Global Markets Inc. | 0.18% | 6,359 | $1.4M | Add +1.0% |
| PH Parker Hannifin Corp. | 0.18% | 2,355 | $1.4M | Reduce -3.3% |
| AWK American Water Works Co. Inc. | 0.17% | 9,211 | $1.4M | Add +0.7% |
| RDFN Redfin Corp. | 0.17% | 146,579 | $1.3M | No change |
| MDY State Street SPDR S&P Midcap | 0.17% | 2,528 | $1.3M | No change |
| ACN Accenture PLC Class A | 0.16% | 4,189 | $1.3M | Add +1.8% |
| VHT Vanguard Health Care ETF | 0.16% | 4,921 | $1.3M | Reduce -78.6% |
| GLD SPDR Gold Shares | 0.16% | 4,506 | $1.3M | Reduce -6.3% |
| XYL Xylem Inc. | 0.16% | 10,730 | $1.3M | Reduce -14.0% |
| BRO Brown & Brown Inc. | 0.15% | 9,942 | $1.2M | Add +2.0% |
| PFE Pfizer Inc. | 0.15% | 47,644 | $1.2M | Add +1.1% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.15% | 1,217 | $1.2M | Add +4.0% |
| MRSH Marsh & McLennan Cos | 0.15% | 4,881 | $1.2M | Add +0.5% |
| NKE Nike Inc. Class B | 0.14% | 18,169 | $1.2M | Add +1.6% |
| ISRG Intuitive Surgical Inc. | 0.14% | 2,323 | $1.2M | Add +0.3% |
Portfolio Sells Q4 2024 → Q1 2025
| VGT Vanguard Info Tech ETF | Reduce -64.5% | 0.29% | −0.61 |
| VHT Vanguard Health Care ETF | Reduce -78.6% | 0.16% | −0.52 |
| IVV iShares Core S&P 500 ETF | Reduce -54.0% | 0.26% | −0.30 |
| IWV iShares Russell 3000 ETF | Reduce -83.0% | 0.04% | −0.19 |
| IWB iShares Russell 1000 ETF | Reduce -36.0% | 0.21% | −0.12 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.1% | 2.06% | −0.10 |
| BILL Bill Holdings Inc. | Sold out | 0.00% | −0.10 |
| ORCL Oracle Corp. | Reduce -1.6% | 0.66% | −0.10 |
| AOS Smith (a.o.) Corp. | Reduce -98.8% | 0.00% | −0.09 |
| WMS Advanced Drainage Systems Inc. | Reduce -100.0% | 0.00% | −0.08 |
| OEF iShares S&P 100 ETF | Reduce -8.4% | 0.66% | −0.07 |
| DECK Deckers Outdoor Corp. | Reduce -94.2% | 0.00% | −0.06 |
| VWO Vanguard Ftse Emerging Marke | Reduce -15.0% | 0.68% | −0.06 |
| ENVX Enovix Corp. | Sold out | 0.00% | −0.06 |
| HTO H2O America | Sold out | 0.00% | −0.05 |
| VXF Vanguard Extended Market ETF | Reduce -64.5% | 0.02% | −0.05 |
| PFXF Vaneck Pref Sec X-Financials | Sold out | 0.00% | −0.04 |
| VT Vanguard Tot World STK ETF | Reduce -7.4% | 1.14% | −0.04 |
| MKL Markel Group Inc. | Reduce -85.0% | 0.01% | −0.04 |
| PNR Pentair PLC | Reduce -15.6% | 0.12% | −0.03 |
| VIOO Vanguard S&P Small-Cap 600 E | Reduce -82.4% | 0.01% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -1.5% | 0.46% | −0.03 |
| VNQ Vanguard Real Estate ETF | Reduce -10.1% | 0.80% | −0.03 |
| SYY Sysco Corp. | Reduce -62.3% | 0.02% | −0.03 |
| MCHP Microchip Technology Inc. | Reduce -53.3% | 0.02% | −0.02 |
| ADBE Adobe Inc. | Reduce -5.3% | 0.14% | −0.02 |
| LDOS Leidos Holdings Inc. | Reduce -99.8% | 0.00% | −0.02 |
| TMHC Taylor Morrison Home Corp. | Reduce -93.3% | 0.00% | −0.02 |
| IGF iShares Global Infrastructur | Sold out | 0.00% | −0.02 |
| NOW ServiceNow Inc. | Reduce -9.7% | 0.05% | −0.02 |
| VGLT Vanguard Long-Term Treasury | Sold out | 0.00% | −0.02 |
| EFA iShares MSCI Eafe ETF | Reduce -17.9% | 0.27% | −0.02 |
| CBT Cabot Corp. | Reduce -94.2% | 0.00% | −0.02 |
| IVOV Vanguard S&P Mid-Cap 400 Val | Reduce -37.3% | 0.03% | −0.02 |
| IWF iShares Russell 1000 Growth | Reduce -0.0% | 0.26% | −0.01 |
| BX Blackstone Inc. | Reduce -3.7% | 0.06% | −0.01 |
| DHI D.R. Horton Inc. | Reduce -91.0% | 0.00% | −0.01 |
| DHR Danaher Corp. | Reduce -4.5% | 0.11% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.3% | 0.59% | −0.01 |
| XYL Xylem Inc. | Reduce -14.0% | 0.16% | −0.01 |
| IVW iShares S&P 500 Growth ETF | Reduce -1.5% | 0.22% | −0.01 |
| AMP Ameriprise Financial Inc. | Reduce -0.2% | 0.24% | −0.01 |
| AXON Axon Enterprise Inc. | Reduce -16.7% | 0.04% | −0.01 |
| ON On Semiconductor | Reduce -21.0% | 0.01% | −0.01 |
| VOO Vanguard S&P 500 ETF | Reduce -1.2% | 2.78% | −0.01 |
| NSC Norfolk Southern Corp. | Reduce -29.7% | 0.03% | −0.01 |
| LEN Lennar Corp. Class A | Reduce -7.4% | 0.04% | −0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -0.0% | 0.05% | −0.01 |
| TTD Trade Desk Inc./the Class A | Reduce -10.2% | 0.01% | −0.01 |
| USB US Bancorp | Reduce -1.4% | 0.07% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| BRK.A Berkshire Hathaway Inc. Class A | Add +350.0% | 0.88% | +0.72 |
| DSI iShares ESG MSCI KLD 400 ETF | Add +26.7% | 2.10% | +0.41 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +7.6% | 1.80% | +0.25 |
| IEFA iShares Core MSCI Eafe ETF | New | 0.21% | +0.21 |
| IWD iShares Russell 1000 Value E | Add +17.8% | 0.71% | +0.15 |
| IWR iShares Russell Mid-Cap ETF | Add +148.1% | 0.23% | +0.14 |
| JNJ Johnson & Johnson | Add +1.9% | 0.71% | +0.14 |
| QQQ Invesco QQQ Trust Series 1 | Add +64.3% | 0.31% | +0.12 |
| MSEX Middlesex Water Co. | New | 0.11% | +0.11 |
| VGSH Vanguard Short-Term Treasury | Add +36.1% | 0.27% | +0.08 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +3.2% | 1.03% | +0.08 |
| ABT Abbott Laboratories | Add +1.9% | 0.37% | +0.08 |
| VLTO Veralto Corp. | Add +772.3% | 0.08% | +0.07 |
| V Visa Inc. Class A | Add +7.2% | 0.31% | +0.06 |
| JPM JPMorgan Chase & Co. | Add +4.8% | 0.53% | +0.06 |
| PLTR Palantir Technologies Inc. Class A | Add +152.3% | 0.09% | +0.06 |
| IEMG iShares Core MSCI Emerging | New | 0.06% | +0.06 |
| IBIT iShares Bitcoin Trust ETF | Add +368.0% | 0.07% | +0.06 |
| AMGN Amgen Inc. | Add +1.5% | 0.25% | +0.05 |
| META Meta Platforms Inc. Class A | Add +17.5% | 0.29% | +0.05 |
| UNH Unitedhealth Group Inc. | Add +6.6% | 0.36% | +0.05 |
| WTRG Essential Utilities Inc. | Add +87.8% | 0.10% | +0.05 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +11.6% | 0.42% | +0.05 |
| MCD McDonald's Corp. | Add +1.4% | 0.37% | +0.05 |
| XLK SS Technology Select Sector | Add +14.8% | 0.68% | +0.05 |
| COST Costco Wholesale Corp. | Add +4.0% | 0.38% | +0.05 |
| PM Philip Morris International | Add +6.5% | 0.14% | +0.04 |
| PG The Procter & Gamble Co. | Add +1.4% | 0.54% | +0.04 |
| IBM Intl Business Machines Corp. | Add +3.8% | 0.21% | +0.04 |
| BDX Becton Dickinson and Co. | Add +1.1% | 0.55% | +0.04 |
| AJG Arthur J Gallagher & Co. | Add +59.8% | 0.08% | +0.04 |
| BRO Brown & Brown Inc. | Add +2.0% | 0.15% | +0.04 |
| XLP SS Consumer Staples Sel Sect | Add +1.3% | 0.36% | +0.04 |
| VYM Vanguard High DVD Yield ETF | Add +3.0% | 0.39% | +0.04 |
| AWK American Water Works Co. Inc. | Add +0.7% | 0.17% | +0.03 |
| CBOE Cboe Global Markets Inc. | Add +1.0% | 0.18% | +0.03 |
| MA Mastercard Inc. Class A | Add +0.9% | 0.33% | +0.03 |
| IWM iShares Russell 2000 ETF | Add +12.7% | 0.46% | +0.03 |
| XOM Exxon Mobil Corp. | Add +15.5% | 0.12% | +0.03 |
| APD Air Products & Chemicals Inc. | Add +31.5% | 0.10% | +0.03 |
| EOG EOG Resources Inc. | Add +0.1% | 0.29% | +0.03 |
| VPC Virtus Private Credit Strate | Add +70.7% | 0.07% | +0.03 |
| CVX Chevron Corp. | Add +4.1% | 0.13% | +0.03 |
| UNP Union Pacific Corp. | Add +2.3% | 0.25% | +0.03 |
| QCOM Qualcomm Inc. | Add +0.5% | 0.46% | +0.03 |
| MRSH Marsh & McLennan Cos | Add +0.5% | 0.15% | +0.03 |
| AZO AutoZone Inc. | Add +10.4% | 0.09% | +0.03 |
| BSX Boston Scientific Corp. | Add +5.6% | 0.12% | +0.02 |
| CSCO Cisco Systems Inc. | Add +1.5% | 0.23% | +0.02 |
| APH Amphenol Corp. Class A | Add +8.3% | 0.31% | +0.02 |
Notes & Other Activity Q4 2024 → Q1 2025
| BGRN iShares Usd Green Bond ETF | USD GRN BOND ETF | Sold out | 0 | $1before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,312 | $768.4M | SPY, AAPL, UPS, VOO, AMZN |
| Q1 2026 | 1,305 | $694.3M | SPY, AAPL, UPS, FTAI, AMZN |
| Q4 2025 | 1,341 | $734.7M | SPY, AAPL, UPS, AMZN, VOO |
| Q3 2025 | 1,288 | $736.7M | SPY, AAPL, UPS, VOO, AMZN |
| Q2 2025 | 1,199 | $760.2M | SPY, AAPL, UPS, AMZN, VOO |
| Q1 2025 | 1,169 | $814.3M | SPY, AAPL, UPS, TROW, VOO |
| Q4 2024 | 1,153 | $861.5M | SPY, AAPL, UPS, TROW, VOO |
| Q3 2024 | 1,175 | $854.1M | SPY, UPS, AAPL, TROW, AMZN |
| Q2 2024 | 1,146 | $831.7M | SPY, UPS, AAPL, TROW, AMZN |
| Q1 2024 | 1,029 | $811.1M | SPY, UPS, AAPL, TROW, AMZN |