Moors & Cabot, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 6, 2025), Moors & Cabot, Inc. reported 870 stock positions worth $2.2 billion. Its top holding was Microsoft (MSFT) at 4.8% of the portfolio, followed by Nvidia (NVDA, 4.5%) and Apple (AAPL, 4.2%). Compared with Q1 2025, it opened 71 new positions, sold out of 60, added to 346 and reduced 385. The biggest buy was Qiagen (QGEN, shares +137%) and the biggest sale Apple (AAPL, shares −1%).

Most Recent 13F
Q2 2026
Location
BOSTON, MA
CIK
0001607239
Portfolio Value
$2.2B (Q2 2025)
SEC Filing
0001085146-25-004555 ↗ filed Aug 6, 2025

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $1.8B Q1 2024 Q2 2024: $1.9B Q2 2024 Q3 2024: $2.0B Q3 2024 Q4 2024: $2.1B Q4 2024 Q1 2025: $2.0B Q1 2025 Q2 2025: $2.2B $2.2B Q2 2025 Q3 2025: $2.3B Q3 2025 Q4 2025: $2.3B Q4 2025 Q1 2026: $2.3B Q1 2026 Q2 2026: $2.6B Q2 2026

Holdings 870 stocks · $2.2B

MSFT Microsoft Corp. 4.82% 208,349 $103.6M Reduce -1.4%
NVDA Nvidia Corp. 4.52% 615,535 $97.2M Reduce -1.1%
AAPL Apple Inc. 4.20% 440,698 $90.4M Reduce -0.7%
TPL Texas Pacific Land Corp. 2.91% 59,248 $62.6M Add +0.2%
AMZN Amazon.com Inc. 2.27% 222,644 $48.8M Reduce -0.3%
JPM JPMorgan Chase & Co. 1.71% 126,622 $36.7M Reduce -0.8%
AVGO Broadcom Inc. 1.56% 121,372 $33.5M Reduce -9.1%
GOOGL Alphabet Inc. Class A 1.27% 155,231 $27.4M Add +3.5%
GBTC Grayscale Bitcoin Trust ETF 1.27% 322,061 $27.3M Reduce -1.8%
V Visa Inc. Class A 1.24% 74,964 $26.6M Add +6.1%
WMT Walmart Inc. 1.20% 264,812 $25.9M Reduce -0.8%
META Meta Platforms Inc. Class A 1.20% 34,989 $25.8M Add +1.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.10% 80,482 $23.7M Reduce -1.6%
PG The Procter & Gamble Co. 1.05% 141,962 $22.6M Reduce -0.2%
XOM Exxon Mobil Corp. 1.00% 199,690 $21.5M Add +2.3%
JNJ Johnson & Johnson 0.90% 126,416 $19.3M Add +3.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.87% 151,050 $18.7M Reduce -2.2%
LLY Eli Lilly & Co. 0.80% 22,011 $17.2M Reduce -0.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.80% 27,742 $17.1M Add +1.9%
ETN Eaton Corp. PLC 0.79% 47,796 $17.1M Add +4.2%
RTX RTX Corp. 0.79% 115,772 $16.9M Reduce -1.6%
BRK.B Berkshire Hathaway Inc. Class B 0.77% 34,083 $16.6M Add +3.3%
HD Home Depot Inc. 0.77% 44,893 $16.5M Add +7.0%
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.74% 39,220 $15.9M Reduce -1.3%
PLTR Palantir Technologies Inc. Class A 0.67% 106,342 $14.5M Reduce -6.7%
CVX Chevron Corp. 0.67% 100,458 $14.4M Reduce -1.2%
QQQ Invesco QQQ Trust Series 1 0.66% 25,838 $14.3M Reduce -0.8%
WM Waste Management Inc. 0.64% 60,010 $13.7M Reduce -0.5%
URI United Rentals Inc. 0.63% 18,057 $13.6M Add +0.7%
WMB Williams Cos Inc. 0.63% 215,614 $13.5M Reduce -1.2%
PEP Pepsico Inc. 0.63% 102,266 $13.5M Reduce -1.3%
EPD Enterprise Products Partners 0.61% 424,054 $13.1M Add +0.3%
NEE Nextera Energy Inc. 0.60% 185,748 $12.9M Add +2.1%
COST Costco Wholesale Corp. 0.59% 12,769 $12.6M Add +1.4%
SOFI Sofi Technologies Inc. 0.58% 690,014 $12.6M Reduce -2.6%
EMR Emerson Electric Co. 0.58% 92,908 $12.4M Add +1.5%
TSLA Tesla Inc. 0.57% 38,426 $12.2M Reduce -1.0%
ABBV Abbvie Inc. 0.57% 65,733 $12.2M Reduce -1.2%
LB Landbridge Co. LLC-A 0.55% 176,264 $11.9M Add +8.2%
GOOG Alphabet Inc. Class C 0.55% 66,304 $11.8M Reduce -3.2%
GEOS Geospace Technologies Corp. 0.51% 764,600 $10.9M Reduce -2.7%
CRM Salesforce Inc. 0.50% 39,288 $10.7M Add +1.2%
BLK BlackRock Inc. 0.47% 9,724 $10.2M Add +1.6%
PFE Pfizer Inc. 0.46% 411,342 $10.0M Add +4.5%
QGEN Qiagen N.V. 0.44% 197,958 $9.5M Add +136.6%
NOW ServiceNow Inc. 0.44% 9,240 $9.5M Reduce -4.2%
IVV iShares Core S&P 500 ETF 0.42% 14,662 $9.1M Add +6.8%
MRK Merck & Co. Inc. 0.41% 112,153 $8.9M Reduce -14.7%
ET Energy Transfer LP 0.40% 469,079 $8.5M Add +1.0%
TSM Taiwan Semiconductor-SP ADR 0.39% 37,108 $8.4M Reduce -3.4%
ACN Accenture PLC Class A 0.39% 27,799 $8.3M Add +0.1%
ORCL Oracle Corp. 0.38% 37,701 $8.2M Reduce -6.3%
DE Deere & Co. 0.38% 16,085 $8.2M Reduce -0.1%
BX Blackstone Inc. 0.38% 54,600 $8.2M Reduce -0.4%
XBIL F/M US Treasury 6 Month Bill 0.37% 158,418 $7.9M Add +61.7%
VZ Verizon Communications Inc. 0.37% 182,170 $7.9M Reduce -0.6%
CAT Caterpillar Inc. 0.36% 20,038 $7.8M Add +11.5%
ABT Abbott Laboratories 0.36% 56,921 $7.7M Reduce -1.7%
JEPI JPMorgan Equity Premium Inco 0.35% 132,359 $7.5M Add +28.6%
VIG Vanguard Dividend Apprec ETF 0.35% 36,640 $7.5M Add +1.4%
OKE Oneok Inc. 0.35% 91,846 $7.5M Add +1.7%
NSC Norfolk Southern Corp. 0.35% 29,277 $7.5M Reduce -2.4%
CME Cme Group Inc. 0.34% 26,594 $7.3M Add +1.8%
CSCO Cisco Systems Inc. 0.33% 103,146 $7.2M Reduce -5.9%
CVS CVS Health Corp. 0.32% 101,108 $7.0M Reduce -0.9%
BTC Grayscale Bitcoin Mini ETF 0.31% 141,279 $6.7M Add +2.0%
COWZ Pacer US Cash Cows 100 ETF 0.31% 121,812 $6.7M Reduce -0.6%
PBT Permian Basin Royalty Trust 0.31% 530,208 $6.6M Add +4.5%
UBER Uber Technologies Inc. 0.30% 69,249 $6.5M Reduce -23.3%
KO The Coca-Cola Co. 0.30% 91,313 $6.5M Add +1.2%
IHI iShares U.S. Medical Devices 0.29% 100,058 $6.3M Add +0.9%
ENB Enbridge Inc. 0.28% 131,724 $6.0M Reduce -5.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.28% 48,086 $6.0M Reduce -0.9%
UNP Union Pacific Corp. 0.27% 25,648 $5.9M Add +0.0%
SO The Southern Co. 0.27% 64,008 $5.9M Reduce -0.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.27% 124,036 $5.9M Reduce -3.0%
VOO Vanguard S&P 500 ETF 0.27% 10,279 $5.8M Add +10.2%
DUK Duke Energy Corp. 0.27% 49,116 $5.8M Reduce -4.2%
MAR Marriott International Class A 0.25% 19,850 $5.4M Add +0.6%
CASY Casey's General Stores Inc. 0.25% 10,619 $5.4M Add +0.3%
HON Honeywell International Inc. 0.25% 23,167 $5.4M Reduce -0.8%
FNV Franco-Nevada Corp. 0.25% 32,644 $5.4M Add +0.8%
LMT Lockheed Martin Corp. 0.25% 11,494 $5.3M Reduce -42.2%
T AT&T Inc. 0.25% 183,552 $5.3M Add +6.1%
MDT Medtronic PLC 0.24% 59,356 $5.2M Reduce -3.5%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.24% 50,274 $5.2M Reduce -0.5%
QCOM Qualcomm Inc. 0.24% 32,247 $5.1M Reduce -0.8%
INFL Horizon Kinetics Infl Benef 0.24% 120,943 $5.1M Reduce -9.9%
PAGP Plains GP Holdings LP 0.23% 253,504 $4.9M Add +1.5%
MA Mastercard Inc. Class A 0.23% 8,755 $4.9M Add +2.0%
LOW Lowe's Cos Inc. 0.23% 21,909 $4.9M Add +13.8%
PANW Palo Alto Networks Inc. 0.22% 23,144 $4.7M Add +39.9%
MSB Mesabi Trust 0.22% 194,203 $4.7M Reduce -6.9%
BA The Boeing Co. 0.21% 21,990 $4.6M Add +7.1%
COP Conocophillips 0.21% 51,095 $4.6M Add +0.4%
JPC Nuveen Prefered & Income Opp 0.21% 565,388 $4.5M Add +6.3%
CL Colgate-Palmolive Co. 0.21% 49,864 $4.5M Add +4.7%
AMD Advanced Micro Devices 0.21% 31,918 $4.5M Add +4.9%
LHX L3HARRIS Technologies Inc. 0.21% 17,998 $4.5M Reduce -1.8%
GLD SPDR Gold Shares 0.21% 14,585 $4.4M Add +1.3%

Show all 870 holdings

Options reported separately and not counted above: NVDA calls ($32K), SYY puts ($21K), AAPL puts ($8K), GOOGL calls ($6K), QQQ puts ($6K), PLTR puts ($4K), TSLA puts ($4K), SPY puts ($2K), CRWV puts ($1K).

Other holdings (3): bonds, preferreds, convertibles and warrants · $575K (not counted above)
SecurityClassShares / PrincipalValueChange
IBDS Ishrs Ibnds Dec 27 Corp. ETF IBONDS 27 ETF · principal 11,642$283KAdd +3.9%
IBDR iShares Ibonds Dec 2026 Term IBONDS DEC2026 · principal 10,603$257KAdd +0.3%
BILL HOLDINGS INC (BILL 0 04/01/27) NOTE 4/0 · principal 39,000$35KNo change

Total filed on the 13F, all lines: $2.2B.

Portfolio Sells Q1 2025 → Q2 2025

AAPL Apple Inc. Reduce -0.7% 4.20% −0.80
LMT Lockheed Martin Corp. Reduce -42.2% 0.25% −0.20
CVX Chevron Corp. Reduce -1.2% 0.67% −0.19
MRK Merck & Co. Inc. Reduce -14.7% 0.41% −0.19
PG The Procter & Gamble Co. Reduce -0.2% 1.05% −0.18
PEP Pepsico Inc. Reduce -1.3% 0.63% −0.16
ABBV Abbvie Inc. Reduce -1.2% 0.57% −0.14
LLY Eli Lilly & Co. Reduce -0.1% 0.80% −0.13
UNH Unitedhealth Group Inc. Reduce -14.7% 0.10% −0.11
TJX TJX Companies Inc. Reduce -2.2% 0.87% −0.09
BMY Bristol-Myers Squibb Co. Reduce -4.7% 0.16% −0.08
TEN Tsakos Energy Navigation Ltd. Reduce -82.0% 0.02% −0.07
MSB Mesabi Trust Reduce -6.9% 0.22% −0.07
WM Waste Management Inc. Reduce -0.5% 0.64% −0.07
FISV Fiserv Inc. Reduce -1.2% 0.17% −0.07
VZ Verizon Communications Inc. Reduce -0.6% 0.37% −0.06
GPN Global Payments Inc. Sold out 0.00% −0.06
STZ Constellation Brands Inc. Class A Reduce -39.0% 0.05% −0.05
VRTX Vertex Pharmaceuticals Inc. Reduce -24.8% 0.09% −0.05
PHYS Sprott Physical Gold Trust Reduce -25.2% 0.13% −0.05
DUK Duke Energy Corp. Reduce -4.2% 0.27% −0.05
CTRA Coterra Energy Inc. Reduce -5.7% 0.14% −0.05
XBXMX Nuveen S&P 500 Buy-WR Inc. Reduce -44.6% 0.05% −0.04
MDT Medtronic PLC Reduce -3.5% 0.24% −0.04
UBSI United Bankshares Inc. Sold out 0.00% −0.04
INFL Horizon Kinetics Infl Benef Reduce -9.9% 0.24% −0.04
FBT First Trust Nyse Arca Biotec Reduce -73.9% 0.01% −0.04
VOXX Voxx International Corp. Sold out 0.00% −0.04
SHEL Shell PLC-ADR Reduce -9.7% 0.14% −0.04
ENB Enbridge Inc. Reduce -5.3% 0.28% −0.04
SPDN Dir DLY SP 500 BR 1X ETF-Usi Reduce -81.0% 0.01% −0.04
DOW Dow Inc. Reduce -13.9% 0.05% −0.04
MTZ Mastec Inc. Reduce -70.9% 0.02% −0.03
UBER Uber Technologies Inc. Reduce -23.3% 0.30% −0.03
MCD McDonald's Corp. Reduce -2.2% 0.17% −0.03
WMB Williams Cos Inc. Reduce -1.2% 0.63% −0.03
KMB Kimberly-Clark Corp. Reduce -1.8% 0.14% −0.03
DFS Discover Financial Services Sold out 0.00% −0.03
PSLV Sprott Physical Silver Trust Reduce -26.9% 0.07% −0.03
ABT Abbott Laboratories Reduce -1.7% 0.36% −0.03
COWZ Pacer US Cash Cows 100 ETF Reduce -0.6% 0.31% −0.03
FTGC First Trust Global Tactical Sold out 0.00% −0.03
DXJ Wisdomtree Japan Hedged Eq Reduce -50.6% 0.02% −0.03
TMO Thermo Fisher Scientific Inc. Reduce -8.7% 0.06% −0.03
CVS CVS Health Corp. Reduce -0.9% 0.32% −0.03
SO The Southern Co. Reduce -0.3% 0.27% −0.03
AEP American Electric Power Reduce -21.5% 0.06% −0.03
GIS General Mills Inc. Reduce -8.8% 0.07% −0.03
XLE SS Energy Select Sector Reduce -14.6% 0.06% −0.03
CB Chubb Ltd. Reduce -1.5% 0.16% −0.03

Portfolio Buys Q1 2025 → Q2 2025

QGEN Qiagen N.V. Add +136.6% 0.44% +0.27
META Meta Platforms Inc. Class A Add +1.5% 1.20% +0.19
ETN Eaton Corp. PLC Add +4.2% 0.79% +0.16
ONEQ Fidelity Nasdaq Comp Indx Add +195.5% 0.18% +0.12
XBIL F/M US Treasury 6 Month Bill Add +61.7% 0.37% +0.12
SCHG Schwab US Large-Cap Growth New 0.10% +0.10
GOOGL Alphabet Inc. Class A Add +3.5% 1.27% +0.09
IONQ Ionq Inc. Add +74.8% 0.12% +0.08
NFLX Netflix Inc. Add +57.7% 0.16% +0.08
PANW Palo Alto Networks Inc. Add +39.9% 0.22% +0.08
CSGP Costar Group Inc. New 0.08% +0.08
EMR Emerson Electric Co. Add +1.5% 0.58% +0.07
URI United Rentals Inc. Add +0.7% 0.63% +0.06
SJT San Juan Basin Royalty TR Add +371.8% 0.08% +0.06
CAT Caterpillar Inc. Add +11.5% 0.36% +0.06
ARIS WATER SOLUTIONS INC-A Add +197.2% 0.11% +0.06
BTC Grayscale Bitcoin Mini ETF Add +2.0% 0.31% +0.06
XAR SS SPDR S&P Aerospace Def New 0.06% +0.06
NKE Nike Inc. Class B Add +63.7% 0.14% +0.06
HE Hawaiian Electric Inds Add +119.3% 0.11% +0.05
PBT Permian Basin Royalty Trust Add +4.5% 0.31% +0.05
AMD Advanced Micro Devices Add +4.9% 0.21% +0.05
JEPI JPMorgan Equity Premium Inco Add +28.6% 0.35% +0.05
GSL Global Ship Lease Inc. Class A Add +90.3% 0.10% +0.05
MRVL Marvell Technology Inc. Add +186.4% 0.07% +0.05
SDCI Uscf Summerhaven Dynamic ETF New 0.05% +0.05
RSP Invesco S&P 500 Equal Weight Add +45.7% 0.17% +0.05
RCAT Red Cat Holdings Inc. Add +65.6% 0.10% +0.04
COF Capital One Financial Corp. Add +128.6% 0.07% +0.04
BLDR Builders Firstsource Inc. New 0.04% +0.04
XLU St Sr Utl SL SE SPDR ETF-Usd Add +61.3% 0.12% +0.04
PM Philip Morris International Add +21.7% 0.18% +0.04
RING iShares MSCI Global Gold Min New 0.04% +0.04
VTV Vanguard Mrngstr Val ETF-Aui Add +52.3% 0.13% +0.04
TT Trane Technologies PLC Add +37.2% 0.10% +0.04
BUFR FT Vest Lad Buffervetf-Usd I New 0.04% +0.04
GS Goldman Sachs Group Inc. Add +10.9% 0.15% +0.04
MU Micron Technology Inc. Add +6.4% 0.13% +0.04
BA The Boeing Co. Add +7.1% 0.21% +0.04
UTF Cohen & Steers Infrastructur New 0.04% +0.04
FGD First Trust DJ GL Sel DVD New 0.04% +0.04
IBIT iShares Bitcoin Trust ETF Add +3.4% 0.18% +0.03
BGR BlackRock Enrgy & Res TR Add +527.7% 0.04% +0.03
MTG Mgic Investment Corp. New 0.03% +0.03
RDDT Reddit Inc. Class A New 0.03% +0.03
IVV iShares Core S&P 500 ETF Add +6.8% 0.42% +0.03
QXO Qxo Inc. New 0.03% +0.03
IYC iShares US Consumer Discreti New 0.03% +0.03
EWJ iShares MSCI Japan ETF New 0.03% +0.03
JEF Jefferies Financial Group Inc. Add +46.1% 0.11% +0.03

Options Activity Q1 2025 → Q2 2025

RCL Royal Caribbean Cruises Ltd. put Sold out 300 $8Kbefore exit
AAPL Apple Inc. put New 2,000 $8K
GOOGL Alphabet Inc. Class A call New 800 $6K
PLTR Palantir Technologies Inc. Class A put New 1,000 $4K
TSLA Tesla Inc. put New 100 $4K
CHKP Check Point Software Tech call Sold out 100 $3Kbefore exit
EQT Eqt Corp. call Sold out 500 $3Kbefore exit
CCL Carnival Corp. put Sold out 1,000 $2Kbefore exit
AEM Agnico Eagle Mines Ltd. call Sold out 100 $2Kbefore exit
CAH Cardinal Health Inc. call Sold out 100 $2Kbefore exit
EXE Expand Energy Corp. call Sold out 100 $1Kbefore exit
UPS United Parcel Service Class B call Sold out 100 $1Kbefore exit
CRWV Coreweave Inc. Class A put New 200 $1K

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

Notes & Other Activity Q1 2025 → Q2 2025

IBDS Ishrs Ibnds Dec 27 Corp. ETF IBONDS 27 ETF · principal Add +3.9% 11,642 $283K
IBDR iShares Ibonds Dec 2026 Term IBONDS DEC2026 · principal Add +0.3% 10,603 $257K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 955$2.6BAAPL, NVDA, TPL, MSFT, AMZN
Q1 2026 923$2.3BAAPL, NVDA, TPL, MSFT, AMZN
Q4 2025 907$2.3BAAPL, NVDA, MSFT, AMZN, TPL
Q3 2025 892$2.3BAAPL, NVDA, MSFT, TPL, AMZN
Q2 2025 870$2.2BMSFT, NVDA, AAPL, TPL, AMZN
Q1 2025 859$2.0BAAPL, MSFT, TPL, NVDA, AMZN
Q4 2024 876$2.1BAAPL, MSFT, NVDA, TPL, AMZN
Q3 2024 871$2.0BAAPL, MSFT, NVDA, TPL, AMZN
Q2 2024 842$1.9BMSFT, AAPL, NVDA, TPL, AMZN
Q1 2024 887$1.8BMSFT, AAPL, NVDA, TPL, AMZN