Rhumbline Advisers
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Rhumbline Advisers reported 4,168 stock positions worth $124.5 billion. Its top holding was Nvidia (NVDA) at 6.6% of the portfolio, followed by Microsoft (MSFT, 5.8%) and Apple (AAPL, 5.6%). Compared with Q2 2025, it opened 81 new positions, sold out of 104, added to 1,132 and reduced 2,615. The biggest buy was AppLovin Class A (APP, shares +60%) and the biggest sale Microsoft (MSFT, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001115418
- Portfolio Value
- $124.5B (Q3 2025)
- SEC Filing
- 0001115418-25-000021 ↗ filed Nov 6, 2025
Holdings Value
Holdings 4,168 stocks · $124.5B
| NVDA Nvidia Corp. | 6.62% | 44,159,382 | $8.2B | Reduce -1.9% |
| MSFT Microsoft Corp. | 5.75% | 13,832,365 | $7.2B | Reduce -2.3% |
| AAPL Apple Inc. | 5.64% | 27,600,280 | $7.0B | Reduce -2.4% |
| AMZN Amazon.com Inc. | 3.03% | 17,199,541 | $3.8B | Reduce -0.3% |
| META Meta Platforms Inc. Class A | 2.37% | 4,026,438 | $3.0B | Reduce -0.8% |
| AVGO Broadcom Inc. | 2.23% | 8,411,052 | $2.8B | Reduce -1.9% |
| GOOGL Alphabet Inc. Class A | 2.08% | 10,664,229 | $2.6B | Reduce -1.5% |
| TSLA Tesla Inc. | 1.82% | 5,094,392 | $2.3B | Reduce -1.6% |
| GOOG Alphabet Inc. Class C | 1.68% | 8,577,385 | $2.1B | Reduce -1.0% |
| JPM JPMorgan Chase & Co. | 1.24% | 4,876,180 | $1.5B | Reduce -1.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.20% | 2,960,916 | $1.5B | Reduce -0.8% |
| V Visa Inc. Class A | 0.91% | 3,302,855 | $1.1B | Reduce -1.8% |
| LLY Eli Lilly & Co. | 0.88% | 1,440,816 | $1.1B | Reduce -1.6% |
| NFLX Netflix Inc. | 0.75% | 774,339 | $928.4M | Reduce -1.7% |
| MA Mastercard Inc. Class A | 0.73% | 1,600,765 | $910.5M | Add +2.8% |
| ORCL Oracle Corp. | 0.71% | 3,160,453 | $888.8M | Add +0.6% |
| XOM Exxon Mobil Corp. | 0.67% | 7,347,245 | $828.4M | Reduce -0.9% |
| WMT Walmart Inc. | 0.64% | 7,696,387 | $793.2M | Reduce -0.6% |
| COST Costco Wholesale Corp. | 0.63% | 852,291 | $788.9M | Reduce -1.3% |
| HD Home Depot Inc. | 0.61% | 1,873,573 | $759.2M | Reduce -1.0% |
| JNJ Johnson & Johnson | 0.60% | 4,038,087 | $748.7M | Reduce -0.6% |
| PLTR Palantir Technologies Inc. Class A | 0.59% | 4,050,323 | $738.9M | Add +2.1% |
| ABBV Abbvie Inc. | 0.57% | 3,039,207 | $703.7M | Reduce -1.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.51% | 12,357,780 | $637.5M | Add +1.9% |
| PG The Procter & Gamble Co. | 0.47% | 3,839,135 | $589.9M | Reduce -0.9% |
| GE General Electric filed as GE AEROSPACE | 0.46% | 1,887,600 | $567.8M | Reduce -1.3% |
| UNH Unitedhealth Group Inc. | 0.43% | 1,542,806 | $532.7M | Reduce -1.5% |
| CVX Chevron Corp. | 0.42% | 3,343,932 | $519.3M | Add +17.0% |
| CSCO Cisco Systems Inc. | 0.41% | 7,406,963 | $506.8M | Reduce -0.8% |
| WFC Wells Fargo & Co. | 0.39% | 5,722,978 | $479.7M | Reduce -1.2% |
| KO The Coca-Cola Co. | 0.38% | 7,205,441 | $477.9M | Reduce -0.1% |
| AMD Advanced Micro Devices | 0.37% | 2,877,750 | $465.6M | Reduce -0.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.37% | 1,621,682 | $457.6M | Reduce -0.9% |
| GS Goldman Sachs Group Inc. | 0.34% | 530,619 | $422.6M | Reduce -3.6% |
| CAT Caterpillar Inc. | 0.33% | 852,649 | $406.8M | Add +0.7% |
| ABT Abbott Laboratories | 0.33% | 3,036,362 | $406.7M | Reduce -1.9% |
| MCD McDonald's Corp. | 0.31% | 1,284,483 | $390.3M | Reduce -3.1% |
| LIN Linde PLC | 0.31% | 820,368 | $389.7M | Add +1.0% |
| CRM Salesforce Inc. | 0.31% | 1,634,687 | $387.4M | Reduce -1.8% |
| PM Philip Morris International | 0.31% | 2,347,105 | $380.7M | Reduce -4.0% |
| INTU Intuit Inc. | 0.30% | 551,169 | $376.4M | Add +0.5% |
| RTX RTX Corp. | 0.30% | 2,196,988 | $367.6M | Reduce -2.1% |
| UBER Uber Technologies Inc. | 0.29% | 3,730,516 | $365.5M | Add +1.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.29% | 3,168,471 | $362.8M | Reduce -1.1% |
| T AT&T Inc. | 0.29% | 12,810,872 | $361.8M | Add +0.4% |
| PEP Pepsico Inc. | 0.29% | 2,571,775 | $361.2M | Reduce -2.1% |
| MS Morgan Stanley | 0.29% | 2,239,539 | $356.0M | Reduce -1.1% |
| BKNG Booking Holdings Inc. | 0.29% | 65,858 | $355.6M | Reduce -1.6% |
| VZ Verizon Communications Inc. | 0.28% | 7,896,312 | $347.0M | Reduce -0.3% |
| AXP American Express Co. | 0.28% | 1,042,419 | $346.2M | Reduce -1.1% |
| MRK Merck & Co. Inc. | 0.28% | 4,100,358 | $344.1M | Reduce -0.2% |
| NOW ServiceNow Inc. | 0.27% | 371,591 | $342.0M | Reduce -1.1% |
| MU Micron Technology Inc. | 0.27% | 2,037,244 | $340.9M | Reduce -0.1% |
| QCOM Qualcomm Inc. | 0.27% | 2,046,626 | $340.5M | Add +0.9% |
| APP AppLovin Corp. Class A | 0.27% | 462,445 | $332.3M | Add +60.2% |
| C Citigroup Inc. | 0.27% | 3,251,253 | $330.0M | Reduce -1.2% |
| LRCX Lam Research Corp. | 0.26% | 2,456,179 | $328.9M | Reduce -4.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.26% | 2,271,928 | $328.4M | Add +2.0% |
| TXN Texas Instruments Inc. | 0.25% | 1,707,407 | $313.7M | Reduce -2.0% |
| GEV GE Vernova Inc. | 0.25% | 496,461 | $305.3M | Reduce -1.7% |
| TMO Thermo Fisher Scientific Inc. | 0.24% | 624,202 | $302.8M | Reduce -1.7% |
| AMAT Applied Materials Inc. | 0.24% | 1,474,149 | $301.8M | Reduce -2.3% |
| ISRG Intuitive Surgical Inc. | 0.24% | 672,703 | $300.9M | Reduce -0.5% |
| KLAC KLA Corp. | 0.24% | 275,053 | $296.7M | Add +4.3% |
| APH Amphenol Corp. Class A | 0.24% | 2,377,168 | $294.2M | Reduce -2.8% |
| SCHW Schwab (charles) Corp. | 0.23% | 3,037,935 | $290.0M | Reduce -0.8% |
| BLK BlackRock Inc. | 0.23% | 247,095 | $288.1M | Reduce -1.6% |
| ADBE Adobe Inc. | 0.23% | 811,799 | $286.4M | Reduce -1.2% |
| SPGI S&P Global Inc. | 0.23% | 580,211 | $282.4M | Reduce -2.1% |
| LOW Lowe's Cos Inc. | 0.22% | 1,113,189 | $279.8M | Add +1.8% |
| ACN Accenture PLC Class A | 0.22% | 1,108,626 | $273.4M | Reduce -2.2% |
| NEE Nextera Energy Inc. | 0.22% | 3,590,318 | $271.0M | Reduce -3.3% |
| AMGN Amgen Inc. | 0.22% | 958,150 | $270.4M | Reduce -0.7% |
| ANET Arista Networks Inc. | 0.22% | 1,852,492 | $269.9M | Reduce -1.7% |
| BSX Boston Scientific Corp. | 0.21% | 2,726,293 | $266.2M | Reduce -0.4% |
| UNP Union Pacific Corp. | 0.21% | 1,125,248 | $266.0M | Reduce -0.2% |
| BA The Boeing Co. | 0.21% | 1,214,701 | $262.2M | Add +0.7% |
| INTC Intel Corp. | 0.21% | 7,757,557 | $260.3M | Reduce -3.5% |
| GILD Gilead Sciences Inc. | 0.21% | 2,327,866 | $258.4M | Reduce -0.7% |
| PGR Progressive Corp. | 0.21% | 1,039,782 | $256.8M | Reduce -0.9% |
| COF Capital One Financial Corp. | 0.20% | 1,190,894 | $253.2M | Add +0.1% |
| PANW Palo Alto Networks Inc. | 0.20% | 1,195,779 | $243.5M | Reduce -0.7% |
| ETN Eaton Corp. PLC | 0.19% | 644,606 | $241.2M | Reduce -6.6% |
| ADP Automatic Data Processing | 0.19% | 820,633 | $240.9M | Reduce -2.7% |
| SYK Stryker Corp. | 0.19% | 636,032 | $235.1M | Add +0.6% |
| PFE Pfizer Inc. | 0.18% | 9,027,185 | $230.0M | Add +0.1% |
| WELL Welltower Inc. | 0.18% | 1,282,552 | $228.5M | Reduce -1.4% |
| HON Honeywell International Inc. | 0.18% | 1,065,445 | $224.3M | Reduce -1.7% |
| ADI Analog Devices Inc. | 0.18% | 911,517 | $224.0M | Reduce -1.1% |
| BX Blackstone Inc. | 0.18% | 1,307,405 | $223.4M | Reduce -1.0% |
| CMCSA Comcast Corp. Class A | 0.18% | 7,108,306 | $223.3M | Add +0.8% |
| MDT Medtronic PLC | 0.18% | 2,342,358 | $223.1M | Reduce -0.8% |
| COP Conocophillips | 0.18% | 2,314,517 | $218.9M | Reduce -0.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.18% | 444,879 | $218.2M | Reduce -0.9% |
| DE Deere & Co. | 0.17% | 472,079 | $215.9M | Add +1.1% |
| DHR Danaher Corp. | 0.17% | 1,077,628 | $213.7M | Add +1.3% |
| TMUS T-Mobile US Inc. | 0.17% | 874,530 | $209.3M | Reduce -1.5% |
| MCK McKesson Corp. | 0.16% | 259,722 | $200.6M | Reduce -0.9% |
| PLD Prologis Inc. | 0.16% | 1,744,600 | $199.8M | Reduce -3.9% |
| ORLY O'reilly Automotive Inc. | 0.16% | 1,845,526 | $199.0M | Reduce -1.3% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $0 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ONCTERNAL THERAPEUTICS INC CVR | RIG | 101 | $0 | No change |
Lines left out (2) · $6 — a value with no share or principal amount
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: $124.5B.
Portfolio Sells Q2 2025 → Q3 2025
| MSFT Microsoft Corp. | Reduce -2.3% | 5.75% | −0.28 |
| AMZN Amazon.com Inc. | Reduce -0.3% | 3.03% | −0.21 |
| META Meta Platforms Inc. Class A | Reduce -0.8% | 2.37% | −0.19 |
| NFLX Netflix Inc. | Reduce -1.7% | 0.75% | −0.16 |
| V Visa Inc. Class A | Reduce -1.8% | 0.91% | −0.12 |
| COST Costco Wholesale Corp. | Reduce -1.3% | 0.63% | −0.10 |
| LLY Eli Lilly & Co. | Reduce -1.6% | 0.88% | −0.10 |
| CRM Salesforce Inc. | Reduce -1.8% | 0.31% | −0.08 |
| PM Philip Morris International | Reduce -4.0% | 0.31% | −0.08 |
| ISRG Intuitive Surgical Inc. | Reduce -0.5% | 0.24% | −0.07 |
| ACN Accenture PLC Class A | Reduce -2.2% | 0.22% | −0.07 |
| HES Hess Corp. | Sold out | 0.00% | −0.06 |
| TXN Texas Instruments Inc. | Reduce -2.0% | 0.25% | −0.06 |
| NOW ServiceNow Inc. | Reduce -1.1% | 0.27% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -0.9% | 0.47% | −0.06 |
| KO The Coca-Cola Co. | Reduce -0.1% | 0.38% | −0.05 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.05 |
| DIS The Walt Disney Co. | Reduce -1.1% | 0.29% | −0.05 |
| FISV Fiserv Inc. | Reduce -0.8% | 0.11% | −0.05 |
| BKNG Booking Holdings Inc. | Reduce -1.6% | 0.29% | −0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.8% | 1.20% | −0.05 |
| IBM Intl Business Machines Corp. | Reduce -0.9% | 0.37% | −0.05 |
| AMT American Tower Corp. | Reduce -4.3% | 0.16% | −0.04 |
| CMG Chipotle Mexican Grill Inc. | Reduce -0.4% | 0.08% | −0.04 |
| ADBE Adobe Inc. | Reduce -1.2% | 0.23% | −0.04 |
| SPGI S&P Global Inc. | Reduce -2.1% | 0.23% | −0.04 |
| BSX Boston Scientific Corp. | Reduce -0.4% | 0.21% | −0.04 |
| CSCO Cisco Systems Inc. | Reduce -0.8% | 0.41% | −0.04 |
| HON Honeywell International Inc. | Reduce -1.7% | 0.18% | −0.04 |
| CI The Cigna Group | Reduce -3.3% | 0.13% | −0.03 |
| ABT Abbott Laboratories | Reduce -1.9% | 0.33% | −0.03 |
| PGR Progressive Corp. | Reduce -0.9% | 0.21% | −0.03 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -1.4% | 0.14% | −0.03 |
| ADP Automatic Data Processing | Reduce -2.7% | 0.19% | −0.03 |
| UPS United Parcel Service Class B | Reduce -2.8% | 0.08% | −0.03 |
| MRSH Marsh & McLennan Cos | Reduce -1.6% | 0.15% | −0.03 |
| TDG Transdigm Group Inc. | Reduce -0.5% | 0.11% | −0.03 |
| CHTR Charter Communications Inc. Class A | Reduce -2.8% | 0.04% | −0.02 |
| JNPR Juniper Networks Inc. | Sold out | 0.00% | −0.02 |
| ICE Intercontinental Exchange Inc. | Reduce -0.0% | 0.14% | −0.02 |
| CL Colgate-Palmolive Co. | Reduce -0.4% | 0.11% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -2.2% | 0.12% | −0.02 |
| CTAS Cintas Corp. | Reduce -2.3% | 0.12% | −0.02 |
| CME Cme Group Inc. | Reduce -5.2% | 0.14% | −0.02 |
| CNC Centene Corp. | Reduce -3.4% | 0.03% | −0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -0.9% | 0.18% | −0.02 |
| KDP Keurig Dr Pepper Inc. | Reduce -1.2% | 0.05% | −0.02 |
| FICO Fair Isaac Corp. | Reduce -2.3% | 0.06% | −0.02 |
| XOM Exxon Mobil Corp. | Reduce -0.9% | 0.67% | −0.02 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| APP AppLovin Corp. Class A | Add +60.2% | 0.27% | +0.18 |
| PLTR Palantir Technologies Inc. Class A | Add +2.1% | 0.59% | +0.13 |
| ORCL Oracle Corp. | Add +0.6% | 0.71% | +0.13 |
| HOOD Robinhood Markets Inc. Class A | Add +56.0% | 0.15% | +0.08 |
| CVX Chevron Corp. | Add +17.0% | 0.42% | +0.07 |
| CAT Caterpillar Inc. | Add +0.7% | 0.33% | +0.05 |
| WBD Warner Bros Discovery Inc. | Add +3.1% | 0.09% | +0.04 |
| KLAC KLA Corp. | Add +4.3% | 0.24% | +0.04 |
| TLN Talen Energy Corp. | Add +200.8% | 0.04% | +0.03 |
| TJX TJX Companies Inc. | Add +2.0% | 0.26% | +0.03 |
| DDOG Datadog Inc. Class A | Add +51.5% | 0.07% | +0.02 |
| KTOS Kratos Defense & Security | Add +40.3% | 0.04% | +0.02 |
| NTNX Nutanix Inc. Class A | Add +102.0% | 0.05% | +0.02 |
| RBLX Roblox Corp. Class A | Add +5.5% | 0.10% | +0.02 |
| FTI Technipfmc PLC | Add +184.8% | 0.03% | +0.02 |
| XYZ Block Inc. | Add +56.3% | 0.06% | +0.02 |
| BAC Bank of America Corp. | Add +1.9% | 0.51% | +0.02 |
| TRU Transunion | Add +145.9% | 0.04% | +0.02 |
| NOC Northrop Grumman Corp. | Add +3.1% | 0.13% | +0.02 |
| CMI Cummins Inc. | Add +3.5% | 0.10% | +0.02 |
| SNDK Sandisk Corp. | Add +6.8% | 0.03% | +0.02 |
| LOW Lowe's Cos Inc. | Add +1.8% | 0.22% | +0.02 |
| BE Bloom Energy Corp. Class A | Add +3.0% | 0.02% | +0.02 |
| ELAN Elanco Animal Health Inc. | Add +190.5% | 0.02% | +0.02 |
| TEL Te Connectivity PLC | Add +5.0% | 0.06% | +0.01 |
| BNY Bank of New York Mellon Corp. | Add +0.3% | 0.12% | +0.01 |
| VNOM Viper Energy Inc. Class A | New | 0.01% | +0.01 |
| HL Hecla Mining Co. | Add +94.8% | 0.02% | +0.01 |
| CRH CRH PLC | Add +0.6% | 0.07% | +0.01 |
| AZO AutoZone Inc. | Add +2.6% | 0.12% | +0.01 |
| TWLO Twilio Inc. Class A | Add +84.6% | 0.04% | +0.01 |
| NSC Norfolk Southern Corp. | Add +1.3% | 0.11% | +0.01 |
| MP MP Materials Corp. | Add +26.7% | 0.02% | +0.01 |
| SOFI Sofi Technologies Inc. | Add +21.8% | 0.03% | +0.01 |
| MO Altria Group Inc. | Add +1.9% | 0.14% | +0.01 |
| MPC Marathon Petroleum Corp. | Add +1.8% | 0.10% | +0.01 |
| SRE Sempra | Add +0.6% | 0.09% | +0.01 |
| EBAY eBay Inc. | Add +0.3% | 0.07% | +0.01 |
| AGG iShares Core U.S. Aggregate | Add +35.6% | 0.04% | +0.01 |
| AVAV Aerovironment Inc. | Add +50.5% | 0.03% | +0.01 |
| RDDT Reddit Inc. Class A | Add +4.8% | 0.03% | +0.01 |
| MZTI The Marzetti Company | New | 0.01% | +0.01 |
| CRDO Credo Technology Group Holdi | Add +1.1% | 0.03% | +0.01 |
| ROST Ross Stores Inc. | Add +0.2% | 0.08% | +0.01 |
| PSKY Paramount Skydance Class B | New | 0.01% | +0.01 |
| VTWO Vanguard Russell 2000 ETF | New | 0.01% | +0.01 |
| AU Anglogold Ashanti PLC | Add +0.7% | 0.03% | +0.01 |
| CG The Carlyle Group Inc. | Add +11.3% | 0.04% | +0.01 |
| IDCC Interdigital Inc. | Add +3.9% | 0.02% | +0.01 |
| TPR Tapestry Inc. | Add +1.9% | 0.04% | +0.01 |
Notes & Other Activity Q2 2025 → Q3 2025
| BROOKFIELD PROP PFD LP (BPY 6.25 07/26/81) | Common Stock | Sold out | 125 | $2Kbefore exit |
| SPRC Scisparc Ltd. | COM | New | 0 | $4 |
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 | 4,186 | $132.6B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 4,145 | $116.9B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 4,181 | $123.7B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 4,168 | $124.5B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025 | 4,190 | $116.8B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025Amended | 4,178 | $106.9B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024Amended | 4,219 | $111.8B | AAPL, NVDA, MSFT, AMZN, META |
| Q3 2024 | 4,243 | $110.9B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 4,418 | $106.4B | MSFT, AAPL, NVDA, AMZN, META |
| Q1 2024 | 4,298 | $104.1B | MSFT, AAPL, NVDA, AMZN, META |