Rockefeller Capital Management L.P.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Rockefeller Capital Management L.P. reported 1,712 stock positions worth $45.6 billion. Its top holding was Microsoft (MSFT) at 4.2% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 3.6%) and Nvidia (NVDA, 2.9%). Compared with Q1 2025, it opened 146 new positions, sold out of 87, added to 967 and reduced 558. The biggest buy was Microsoft (MSFT, shares +24%) and the biggest sale Salesforce (CRM, shares −88%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001739439
- Portfolio Value
- $45.6B (Q2 2025)
- SEC Filing
- 0001739439-25-000022 ↗ filed Aug 14, 2025
Holdings Value
Holdings 1,712 stocks · $45.6B
| MSFT Microsoft Corp. | 4.21% | 3,845,216 | $1.9B | Add +24.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.60% | 2,638,464 | $1.6B | Add +0.8% |
| NVDA Nvidia Corp. | 2.90% | 8,340,804 | $1.3B | Add +8.2% |
| AAPL Apple Inc. | 2.84% | 6,085,965 | $1.3B | Add +1.0% |
| AMZN Amazon.com Inc. | 2.55% | 5,273,298 | $1.2B | Add +7.5% |
| AVGO Broadcom Inc. | 1.69% | 2,718,980 | $769.3M | Add +3.1% |
| RGEF Rockefeller Global Eqty ETF | 1.64% | 26,894,507 | $747.5M | Add +1.4% |
| RSMC Rockefeller US Small-Mid Cap | 1.61% | 28,324,872 | $735.1M | Add +1.5% |
| GOOGL Alphabet Inc. Class A | 1.59% | 4,115,063 | $726.4M | Add +4.7% |
| META Meta Platforms Inc. Class A | 1.49% | 921,484 | $680.1M | Add +9.8% |
| VOO Vanguard S&P 500 ETF | 1.44% | 1,156,835 | $657.1M | Add +1.2% |
| JPM JPMorgan Chase & Co. | 1.37% | 2,157,986 | $626.2M | Add +11.4% |
| QQQ Invesco QQQ Trust Series 1 | 1.34% | 1,101,906 | $611.0M | Add +6.3% |
| IVV iShares Core S&P 500 ETF | 1.13% | 819,186 | $516.1M | Add +0.9% |
| V Visa Inc. Class A | 1.02% | 1,305,853 | $465.6M | Add +5.6% |
| GOOG Alphabet Inc. Class C | 0.84% | 2,142,050 | $381.2M | Reduce -0.4% |
| IWF iShares Russell 1000 Growth | 0.81% | 864,802 | $367.8M | Add +3.3% |
| LLY Eli Lilly & Co. | 0.73% | 429,683 | $335.0M | Add +8.2% |
| COST Costco Wholesale Corp. | 0.71% | 326,873 | $323.6M | Add +2.8% |
| HD Home Depot Inc. | 0.60% | 750,360 | $275.6M | Add +5.1% |
| GLD SPDR Gold Shares | 0.57% | 854,436 | $260.5M | Add +15.4% |
| VT Vanguard Tot World STK ETF | 0.56% | 1,973,426 | $253.6M | Reduce -8.4% |
| UBER Uber Technologies Inc. | 0.53% | 2,577,953 | $240.5M | Reduce -17.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.53% | 471,157 | $240.0M | Add +28.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.52% | 485,757 | $236.0M | Add +2.8% |
| RSP Invesco S&P 500 Equal Weight | 0.51% | 1,290,658 | $234.6M | Add +5.4% |
| XLK SS Technology Select Sector | 0.51% | 924,405 | $234.1M | Add +7.3% |
| SHEL Shell PLC-ADR | 0.51% | 3,323,141 | $234.0M | Add +14.2% |
| PLTR Palantir Technologies Inc. Class A | 0.48% | 1,595,451 | $217.5M | Add +14.4% |
| IWD iShares Russell 1000 Value E | 0.47% | 1,108,800 | $216.5M | Add +1.5% |
| VEA Vanguard Ftse Developed ETF | 0.47% | 3,746,357 | $213.9M | Add +12.7% |
| XOM Exxon Mobil Corp. | 0.43% | 1,814,322 | $196.5M | Add +15.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.42% | 626,551 | $191.6M | Add +2.0% |
| AMD Advanced Micro Devices | 0.42% | 1,338,412 | $189.9M | Add +26.3% |
| CRM Salesforce Inc. | 0.41% | 687,986 | $187.6M | Reduce -87.8% |
| CVX Chevron Corp. | 0.39% | 1,156,362 | $177.1M | Reduce -3.2% |
| PANW Palo Alto Networks Inc. | 0.39% | 849,329 | $176.0M | Add +6.3% |
| IWM iShares Russell 2000 ETF | 0.38% | 793,917 | $173.6M | Reduce -14.0% |
| MCD McDonald's Corp. | 0.38% | 590,559 | $172.5M | Add +5.7% |
| IEFA iShares Core MSCI Eafe ETF | 0.38% | 2,063,137 | $172.2M | Add +9.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.38% | 758,101 | $171.7M | Add +19.8% |
| NFLX Netflix Inc. | 0.37% | 126,005 | $168.7M | Add +11.1% |
| TSLA Tesla Inc. | 0.37% | 530,148 | $168.4M | Add +8.3% |
| BLK BlackRock Inc. | 0.37% | 159,231 | $167.1M | Add +6.0% |
| EFA iShares MSCI Eafe ETF | 0.37% | 1,787,470 | $166.6M | Add +10.0% |
| VGT Vanguard Info Tech ETF | 0.36% | 250,746 | $166.3M | Add +3.1% |
| GEV GE Vernova Inc. | 0.36% | 309,517 | $163.8M | Add +21.8% |
| IJR iShares Core S&P Small-Cap E | 0.35% | 1,459,080 | $159.8M | Add +1.1% |
| CSCO Cisco Systems Inc. | 0.35% | 2,289,687 | $159.5M | Add +16.4% |
| WMT Walmart Inc. | 0.35% | 1,609,286 | $157.4M | Add +8.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.34% | 356,875 | $156.5M | Add +17.6% |
| PG The Procter & Gamble Co. | 0.34% | 968,507 | $154.9M | Add +11.0% |
| VIG Vanguard Dividend Apprec ETF | 0.34% | 735,554 | $152.8M | Reduce -0.1% |
| ORCL Oracle Corp. | 0.33% | 682,469 | $149.2M | Add +3.1% |
| AMGN Amgen Inc. | 0.33% | 532,230 | $148.6M | Add +6.9% |
| IJH iShares Core S&P Midcap ETF | 0.33% | 2,388,327 | $148.5M | Add +2.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.32% | 1,557,886 | $147.5M | Add +108.3% |
| KO The Coca-Cola Co. | 0.32% | 2,074,233 | $146.8M | Add +3.5% |
| ABBV Abbvie Inc. | 0.31% | 760,981 | $141.3M | Add +2.6% |
| ABT Abbott Laboratories | 0.30% | 1,006,576 | $136.9M | Add +16.5% |
| NEE Nextera Energy Inc. | 0.30% | 1,964,991 | $136.6M | Reduce -13.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.30% | 460,307 | $135.7M | Add +10.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.29% | 479,993 | $134.3M | Reduce -5.0% |
| TMO Thermo Fisher Scientific Inc. | 0.29% | 329,557 | $134.0M | Reduce -4.2% |
| RGA Reinsurance Group of America | 0.29% | 674,408 | $133.8M | Reduce -23.4% |
| SHOP Shopify Inc. Class A | 0.29% | 1,128,576 | $130.2M | Add +81.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.28% | 733,563 | $129.7M | Add +24.9% |
| AXP American Express Co. | 0.28% | 398,955 | $127.3M | Add +0.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.28% | 1,029,859 | $127.2M | Add +2.7% |
| VEU Vanguard Ftse All-World Ex-U | 0.28% | 1,872,406 | $127.1M | Add +15.9% |
| RMOP Rockefeller Opport Muni ETF | 0.27% | 5,105,612 | $125.1M | Add +7.4% |
| LIN Linde PLC | 0.27% | 263,256 | $123.5M | Reduce -0.3% |
| ISRG Intuitive Surgical Inc. | 0.26% | 222,172 | $120.7M | Add +58.6% |
| JNJ Johnson & Johnson | 0.26% | 783,394 | $119.7M | Add +11.5% |
| GE General Electric filed as GE AEROSPACE | 0.26% | 464,642 | $119.6M | Add +18.6% |
| EMR Emerson Electric Co. | 0.26% | 893,959 | $119.2M | Add +6.8% |
| AER Aercap Holdings NV | 0.26% | 1,011,793 | $118.4M | Add +10.0% |
| TLT iShares 20+ Year Treasury BD | 0.26% | 1,318,028 | $116.3M | Add +1.4% |
| T AT&T Inc. | 0.25% | 3,997,545 | $115.8M | Reduce -17.1% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.25% | 401,601 | $114.2M | Reduce -6.1% |
| ACN Accenture PLC Class A | 0.25% | 377,869 | $112.9M | Reduce -9.2% |
| IBN Icici Bank Ltd.-Spon ADR | 0.25% | 3,333,143 | $112.1M | Add +9.0% |
| MA Mastercard Inc. Class A | 0.24% | 197,171 | $110.8M | Reduce -1.3% |
| PH Parker Hannifin Corp. | 0.24% | 156,959 | $109.6M | Add +27.0% |
| CAT Caterpillar Inc. | 0.24% | 281,111 | $109.1M | Reduce -12.7% |
| DHR Danaher Corp. | 0.24% | 550,440 | $108.7M | Add +24.6% |
| BX Blackstone Inc. | 0.24% | 721,523 | $107.9M | Add +4.4% |
| VWO Vanguard Ftse Emerging Marke | 0.23% | 2,166,641 | $107.2M | Add +21.1% |
| ICE Intercontinental Exchange Inc. | 0.23% | 578,274 | $106.5M | Add +14.3% |
| UNH Unitedhealth Group Inc. | 0.23% | 335,344 | $104.6M | Reduce -11.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.23% | 841,204 | $104.3M | Reduce -22.3% |
| RSG Republic Services Inc. | 0.23% | 419,461 | $103.4M | Add +68.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.22% | 2,141,078 | $102.4M | Add +11.7% |
| AMAT Applied Materials Inc. | 0.22% | 558,305 | $102.2M | Add +20.3% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.22% | 272,925 | $99.9M | Add +10.4% |
| MRK Merck & Co. Inc. | 0.22% | 1,246,178 | $98.6M | Add +2.9% |
| TEL Te Connectivity PLC | 0.21% | 580,220 | $97.9M | Reduce -25.2% |
| GS Goldman Sachs Group Inc. | 0.21% | 137,376 | $97.2M | Add +24.9% |
| UNP Union Pacific Corp. | 0.21% | 416,494 | $95.8M | Add +6.3% |
| SOXX iShares Semiconductor ETF | 0.21% | 361,353 | $94.2M | Add +12.7% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $5.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | 177,550 | $4.7M | Reduce -33.6% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 16,486 | $1.1M | New |
Total filed on the 13F, all lines: $45.6B.
Portfolio Sells Q1 2025 → Q2 2025
| CRM Salesforce Inc. | Reduce -87.8% | 0.41% | −3.32 |
| SNPS Synopsys Inc. | Reduce -92.2% | 0.03% | −0.34 |
| UNH Unitedhealth Group Inc. | Reduce -11.5% | 0.23% | −0.26 |
| RGA Reinsurance Group of America | Reduce -23.4% | 0.29% | −0.13 |
| TMO Thermo Fisher Scientific Inc. | Reduce -4.2% | 0.29% | −0.13 |
| VZ Verizon Communications Inc. | Reduce -30.5% | 0.17% | −0.12 |
| CVX Chevron Corp. | Reduce -3.2% | 0.39% | −0.10 |
| NEE Nextera Energy Inc. | Reduce -13.5% | 0.30% | −0.10 |
| BDX Becton Dickinson and Co. | Reduce -12.8% | 0.13% | −0.10 |
| T AT&T Inc. | Reduce -17.1% | 0.25% | −0.08 |
| AZEK The Azek Co. Inc. | Reduce -84.6% | 0.01% | −0.08 |
| HON Honeywell International Inc. | Reduce -27.2% | 0.19% | −0.08 |
| IWM iShares Russell 2000 ETF | Reduce -14.0% | 0.38% | −0.07 |
| ACN Accenture PLC Class A | Reduce -9.2% | 0.25% | −0.07 |
| TRU Transunion | Reduce -59.7% | 0.04% | −0.07 |
| REGN Regeneron Pharmaceuticals | Reduce -56.2% | 0.03% | −0.07 |
| PINS Pinterest Inc. Class A | Reduce -96.8% | 0.00% | −0.07 |
| GBDC Golub Capital BDC Inc. | Reduce -30.5% | 0.09% | −0.06 |
| VT Vanguard Tot World STK ETF | Reduce -8.4% | 0.56% | −0.06 |
| TEL Te Connectivity PLC | Reduce -25.2% | 0.21% | −0.06 |
| UPS United Parcel Service Class B | Reduce -41.8% | 0.05% | −0.05 |
| ADI Analog Devices Inc. | Reduce -26.6% | 0.17% | −0.05 |
| BERY Berry Global Group Inc. | Sold out | 0.00% | −0.05 |
| CHKP Check Point Software Tech | Reduce -46.6% | 0.04% | −0.05 |
| INTC Intel Corp. | Reduce -59.5% | 0.03% | −0.05 |
| IEF iShares 7-10 Year Treasury B | Reduce -26.9% | 0.09% | −0.05 |
| OXY Occidental Petroleum Corp. | Reduce -49.4% | 0.03% | −0.04 |
| APO Apollo Global Management Inc. | Reduce -22.8% | 0.10% | −0.04 |
| AZO AutoZone Inc. | Reduce -4.3% | 0.18% | −0.04 |
| ULTA Ulta Beauty Inc. | Sold out | 0.00% | −0.04 |
| EOG EOG Resources Inc. | Reduce -0.1% | 0.18% | −0.04 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -9.8% | 0.17% | −0.04 |
| TAP Molson Coors Beverage Co. Class B | Sold out | 0.00% | −0.04 |
| UBER Uber Technologies Inc. | Reduce -17.9% | 0.53% | −0.04 |
| HXL Hexcel Corp. | Reduce -94.7% | 0.00% | −0.04 |
| TRMB Trimble Inc. | Reduce -41.5% | 0.06% | −0.04 |
| PFE Pfizer Inc. | Reduce -21.7% | 0.07% | −0.04 |
| DIS The Walt Disney Co. | Reduce -22.3% | 0.23% | −0.03 |
| WBD Warner Bros Discovery Inc. | Reduce -34.7% | 0.06% | −0.03 |
| LIN Linde PLC | Reduce -0.3% | 0.27% | −0.03 |
| AVDX Avidxchange Holdings Inc. | Reduce -95.9% | 0.00% | −0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -18.4% | 0.08% | −0.03 |
| PGR Progressive Corp. | Reduce -8.6% | 0.11% | −0.03 |
| WM Waste Management Inc. | Reduce -17.6% | 0.08% | −0.03 |
| SKX Skechers USA Inc. Class A | Reduce -85.3% | 0.01% | −0.03 |
| IWR iShares Russell Mid-Cap ETF | Reduce -14.2% | 0.14% | −0.03 |
| LULU Lululemon Athletica Inc. | Reduce -23.3% | 0.04% | −0.03 |
| MMSI Merit Medical Systems Inc. | Reduce -0.8% | 0.10% | −0.03 |
| KR Kroger Co. | Reduce -56.8% | 0.02% | −0.03 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -22.1% | 0.07% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| MSFT Microsoft Corp. | Add +24.2% | 4.21% | +1.34 |
| NVDA Nvidia Corp. | Add +8.2% | 2.90% | +0.84 |
| AVGO Broadcom Inc. | Add +3.1% | 1.69% | +0.60 |
| META Meta Platforms Inc. Class A | Add +9.8% | 1.49% | +0.30 |
| AMZN Amazon.com Inc. | Add +7.5% | 2.55% | +0.24 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +28.7% | 0.53% | +0.21 |
| JPM JPMorgan Chase & Co. | Add +11.4% | 1.37% | +0.20 |
| PLTR Palantir Technologies Inc. Class A | Add +14.4% | 0.48% | +0.19 |
| GEV GE Vernova Inc. | Add +21.8% | 0.36% | +0.17 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +108.3% | 0.32% | +0.15 |
| AMD Advanced Micro Devices | Add +26.3% | 0.42% | +0.15 |
| QQQ Invesco QQQ Trust Series 1 | Add +6.3% | 1.34% | +0.14 |
| SHOP Shopify Inc. Class A | Add +81.6% | 0.29% | +0.14 |
| HLN Haleon PLC-ADR | Add +5670.1% | 0.12% | +0.12 |
| TSM Taiwan Semiconductor-SP ADR | Add +19.8% | 0.38% | +0.12 |
| NFLX Netflix Inc. | Add +11.1% | 0.37% | +0.11 |
| ORCL Oracle Corp. | Add +3.1% | 0.33% | +0.10 |
| ISRG Intuitive Surgical Inc. | Add +58.6% | 0.26% | +0.09 |
| GOOGL Alphabet Inc. Class A | Add +4.7% | 1.59% | +0.09 |
| COIN Coinbase Global Inc. Class A | Add +12.5% | 0.17% | +0.08 |
| RSG Republic Services Inc. | Add +68.4% | 0.23% | +0.08 |
| SPOT Spotify Technology SA | Add +138.7% | 0.12% | +0.08 |
| XLK SS Technology Select Sector | Add +7.3% | 0.51% | +0.07 |
| COF Capital One Financial Corp. | Add +180.4% | 0.11% | +0.07 |
| GE General Electric | Add +18.6% | 0.26% | +0.07 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +17.6% | 0.34% | +0.07 |
| GS Goldman Sachs Group Inc. | Add +24.9% | 0.21% | +0.06 |
| IWF iShares Russell 1000 Growth | Add +3.3% | 0.81% | +0.06 |
| AMAT Applied Materials Inc. | Add +20.3% | 0.22% | +0.06 |
| SOXX iShares Semiconductor ETF | Add +12.7% | 0.21% | +0.06 |
| ARES Ares Management Corp. Class A | Add +115.7% | 0.10% | +0.06 |
| TSLA Tesla Inc. | Add +8.3% | 0.37% | +0.06 |
| DAL Delta Air Lines Inc. | Add +101.2% | 0.11% | +0.06 |
| PH Parker Hannifin Corp. | Add +27.0% | 0.24% | +0.06 |
| SIG Signet Jewelers Ltd. | New | 0.05% | +0.05 |
| MU Micron Technology Inc. | Add +35.2% | 0.13% | +0.05 |
| VEA Vanguard Ftse Developed ETF | Add +12.7% | 0.47% | +0.05 |
| HUBS HubSpot Inc. | New | 0.05% | +0.05 |
| CSCO Cisco Systems Inc. | Add +16.4% | 0.35% | +0.05 |
| PANW Palo Alto Networks Inc. | Add +6.3% | 0.39% | +0.05 |
| GLD SPDR Gold Shares | Add +15.4% | 0.57% | +0.04 |
| ROKU Roku Inc. | Add +83.4% | 0.09% | +0.04 |
| IEI iShares 3-7 Year Treasury Bo | Add +312.2% | 0.06% | +0.04 |
| GLDM SPDR Gold Minishares Trust | Add +101.2% | 0.09% | +0.04 |
| IBM Intl Business Machines Corp. | Add +10.2% | 0.30% | +0.04 |
| RH RH | New | 0.04% | +0.04 |
| SNOW Snowflake Inc. | Add +23.2% | 0.10% | +0.04 |
| VGT Vanguard Info Tech ETF | Add +3.1% | 0.36% | +0.04 |
| RBC RBC Bearings Inc. | New | 0.04% | +0.04 |
| EFA iShares MSCI Eafe ETF | Add +10.0% | 0.37% | +0.04 |
Notes & Other Activity Q1 2025 → Q2 2025
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | Reduce -33.6% | 177,550 | $4.7M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | New | 16,486 | $1.1M |
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 | 4,713 | $65.2B | SPY, AAPL, NVDA, GOOGL, MSFT |
| Q1 2026 | 4,663 | $56.4B | SPY, AAPL, NVDA, MSFT, GOOGL |
| Q4 2025Amended | 4,652 | $55.5B | SPY, MSFT, AAPL, NVDA, GOOGL |
| Q3 2025 | 4,411 | $51.1B | MSFT, SPY, AAPL, NVDA, CRM |
| Q2 2025Amended | 1,712 | $45.6B | MSFT, SPY, NVDA, AAPL, AMZN |
| Q1 2025 | 1,653 | $40.5B | CRM, SPY, AAPL, MSFT, AMZN |
| Q4 2024 | 1,652 | $38.6B | SPY, AAPL, MSFT, AMZN, NVDA |
| Q3 2024 | 1,608 | $37.2B | SPY, AAPL, MSFT, AMZN, NVDA |
| Q2 2024 | 1,622 | $35.2B | MSFT, AAPL, SPY, AMZN, NVDA |
| Q1 2024 | 1,659 | $34.3B | MSFT, SPY, AAPL, AMZN, NVDA |