Rockland Trust Co.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 15, 2026), Rockland Trust Co. reported 304 stock positions worth $2.5 billion. Its top holding was Alphabet Class A (GOOGL) at 5.8% of the portfolio, followed by Microsoft (MSFT, 5.0%) and SPDR Gold Shares (GLD, 4.6%). Compared with Q3 2025, it opened 19 new positions, sold out of 17, added to 125 and reduced 127. The biggest buy was Independent Bank (INDB, shares +84%) and the biggest sale West Pharmaceutical Services (WST, shares −93%).

Most Recent 13F
Q2 2026
Location
HANOVER, MA
CIK
0000084616
Portfolio Value
$2.5B (Q4 2025)
SEC Filing
0000084616-26-000002 ↗ filed Jan 15, 2026

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $1.9B Q1 2024 Q2 2024: $1.9B Q2 2024 Q3 2024: $2.0B Q3 2024 Q4 2024: $2.0B Q4 2024 Q1 2025: $2.0B Q1 2025 Q2 2025: $2.1B Q2 2025 Q3 2025: $2.4B Q3 2025 Q4 2025: $2.5B $2.5B Q4 2025 Q1 2026: $2.5B Q1 2026 Q2 2026: $2.5B Q2 2026

Holdings 304 stocks · $2.5B

GOOGL Alphabet Inc. Class A 5.78% 469,140 $146.8M Reduce -8.9%
MSFT Microsoft Corp. 5.01% 263,155 $127.3M Reduce -0.5%
GLD SPDR Gold Shares 4.61% 295,418 $117.1M Reduce -5.8%
INDB Independent Bank Corp. 3.63% 1,261,622 $92.2M Add +84.1%
AAPL Apple Inc. 3.55% 331,382 $90.1M Reduce -1.1%
IVOV Vanguard S&P Mid-Cap 400 Val 3.23% 811,105 $81.9M Add +0.7%
NOBL Proshares S&P 500 Dividend A 2.88% 702,651 $73.1M Add +5.1%
MRK Merck & Co. Inc. 2.39% 577,430 $60.8M Reduce -0.5%
PANL Pangaea Logistics Solutions 2.31% 8,524,560 $58.6M Reduce -0.2%
MBB iShares MBS ETF 2.21% 590,514 $56.2M Reduce -1.0%
V Visa Inc. Class A 2.06% 149,119 $52.3M Add +4.4%
PEP Pepsico Inc. 2.05% 361,971 $52.0M Add +2.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.88% 310,774 $47.7M Reduce -1.2%
NVDA Nvidia Corp. 1.73% 235,569 $43.9M Add +64.3%
SPLB SS SPDR P Long Term C ETF 1.62% 1,824,180 $41.2M Add +7.5%
CB Chubb Ltd. 1.58% 128,328 $40.1M Add +2.5%
MA Mastercard Inc. Class A 1.52% 67,707 $38.7M Add +1.5%
UNP Union Pacific Corp. 1.47% 161,186 $37.3M Add +4.7%
XOM Exxon Mobil Corp. 1.45% 306,716 $36.9M Add +2.6%
TMO Thermo Fisher Scientific Inc. 1.35% 59,133 $34.3M Reduce -7.6%
META Meta Platforms Inc. Class A 1.32% 50,612 $33.4M Reduce -4.1%
NEE Nextera Energy Inc. 1.20% 378,961 $30.4M Reduce -1.9%
JPM JPMorgan Chase & Co. 1.17% 92,124 $29.7M Reduce -12.1%
BLK BlackRock Inc. 1.16% 27,523 $29.5M Add +0.5%
EOG EOG Resources Inc. 1.07% 258,771 $27.2M Add +5.0%
SCHW Schwab (charles) Corp. 1.06% 269,972 $27.0M Add +2.6%
VEEV Veeva Systems Inc. Class A 1.05% 119,208 $26.6M Add +19.8%
INTU Intuit Inc. 1.00% 38,431 $25.5M Add +3.2%
TXN Texas Instruments Inc. 1.00% 146,294 $25.4M Add +3.1%
HON Honeywell International Inc. 0.98% 127,647 $24.9M Add +5.8%
NKE Nike Inc. Class B 0.96% 381,734 $24.3M Add +6.4%
STIP iShares 0-5 Year Tips Bond E 0.93% 231,657 $23.7M Reduce -0.8%
ICE Intercontinental Exchange Inc. 0.90% 141,259 $22.9M Add +10.7%
ACN Accenture PLC Class A 0.89% 84,399 $22.6M Reduce -4.1%
ELV Elevance Health Inc. 0.89% 64,308 $22.5M Add +8251.7%
SBUX Starbucks Corp. 0.87% 262,937 $22.1M Add +6.3%
IJH iShares Core S&P Midcap ETF 0.87% 334,156 $22.1M Reduce -3.3%
CPRT Copart Inc. 0.84% 542,015 $21.2M Add +10.4%
JNJ Johnson & Johnson 0.82% 100,898 $20.9M Reduce -1.5%
LLY Eli Lilly & Co. 0.81% 19,022 $20.4M Reduce -2.5%
MKC McCormick & Co.-Non VTG SHRS 0.79% 294,898 $20.1M Add +6.1%
ORCL Oracle Corp. 0.76% 99,039 $19.3M Add +10.8%
ZTS Zoetis Inc. 0.74% 148,557 $18.7M Add +2055.2%
VZ Verizon Communications Inc. 0.73% 456,118 $18.6M Add +1.6%
ROP Roper Technologies Inc. 0.71% 40,457 $18.0M Add +7.6%
DBMF Imgp Dbi MFT STR ETF-Usd Inc. 0.67% 606,018 $17.0M Add +27.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.67% 24,788 $16.9M Add +0.2%
MCD McDonald's Corp. 0.59% 49,122 $15.0M Add +1.4%
ECL Ecolab Inc. 0.58% 55,955 $14.7M Add +1.8%
AMZN Amazon.com Inc. 0.58% 63,370 $14.6M Reduce -3.4%
PG The Procter & Gamble Co. 0.57% 101,670 $14.6M Add +0.1%
MS Morgan Stanley 0.56% 80,559 $14.3M Add +14.2%
CL Colgate-Palmolive Co. 0.56% 179,788 $14.2M Add +5.8%
XLK SS Technology Select Sector 0.55% 97,759 $14.1M Reduce -1.1%
APD Air Products & Chemicals Inc. 0.55% 56,909 $14.1M Add +8.2%
ABT Abbott Laboratories 0.55% 110,572 $13.9M Add +0.1%
HD Home Depot Inc. 0.51% 37,985 $13.1M Reduce -2.7%
WEC WEC Energy Group Inc. 0.48% 114,507 $12.1M Add +1.6%
WMT Walmart Inc. 0.45% 103,686 $11.6M Reduce -4.0%
VOO Vanguard S&P 500 ETF 0.45% 18,257 $11.4M Add +0.7%
DFAE Dimensional Emerging Core Eq 0.41% 321,278 $10.5M Reduce -1.2%
PFE Pfizer Inc. 0.41% 419,990 $10.5M Reduce -3.7%
KO The Coca-Cola Co. 0.41% 149,478 $10.5M Add +1.0%
LIN Linde PLC 0.41% 24,155 $10.3M Reduce -0.5%
GE General Electric filed as GE AEROSPACE 0.40% 32,606 $10.0M Reduce -0.2%
GOOG Alphabet Inc. Class C 0.40% 31,971 $10.0M Reduce -2.8%
BMY Bristol-Myers Squibb Co. 0.38% 178,778 $9.6M Add +3.3%
SO The Southern Co. 0.36% 104,776 $9.1M Add +1.6%
GIS General Mills Inc. 0.35% 193,816 $9.0M Add +2.5%
ED Consolidated Edison Inc. 0.35% 90,505 $9.0M Add +1.8%
ROK Rockwell Automation Inc. 0.35% 22,816 $8.9M Reduce -0.3%
BRK.B Berkshire Hathaway Inc. Class B 0.33% 16,901 $8.5M Reduce -12.4%
EMR Emerson Electric Co. 0.33% 63,484 $8.4M Add +0.6%
ADP Automatic Data Processing 0.33% 32,170 $8.3M Reduce -6.4%
IVV iShares Core S&P 500 ETF 0.29% 10,830 $7.4M Add +0.0%
CVX Chevron Corp. 0.29% 47,529 $7.2M Reduce -5.4%
KMB Kimberly-Clark Corp. 0.28% 71,352 $7.2M Add +2.6%
COST Costco Wholesale Corp. 0.28% 8,250 $7.1M Reduce -1.3%
ABBV Abbvie Inc. 0.25% 27,395 $6.3M Add +0.9%
EFV iShares MSCI Eafe Value ETF 0.22% 79,208 $5.7M Add +2.1%
HPQ HP Inc. 0.22% 249,384 $5.6M Add +3.2%
SPGI S&P Global Inc. 0.20% 9,688 $5.1M Reduce -3.4%
VYM Vanguard High DVD Yield ETF 0.20% 34,853 $5.0M Add +0.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.19% 86,666 $4.8M Reduce -4.6%
IXP iShares Global Comm Services 0.17% 36,165 $4.4M Reduce -2.5%
ORLY O'reilly Automotive Inc. 0.16% 45,367 $4.1M Reduce -2.4%
XLF SS Financial Select Sector 0.15% 71,517 $3.9M Reduce -6.5%
VEA Vanguard Ftse Developed ETF 0.15% 59,982 $3.7M Add +4.5%
PANW Palo Alto Networks Inc. 0.15% 20,285 $3.7M Reduce -6.5%
RTX RTX Corp. 0.14% 19,698 $3.6M Reduce -2.7%
GD General Dynamics Corp. 0.14% 10,636 $3.6M Add +0.8%
VWO Vanguard Ftse Emerging Marke 0.14% 64,750 $3.5M Add +2.3%
EFA iShares MSCI Eafe ETF 0.13% 34,939 $3.4M Add +0.3%
CRM Salesforce Inc. 0.13% 12,263 $3.2M Reduce -6.2%
AVGO Broadcom Inc. 0.12% 8,944 $3.1M Reduce -12.1%
CTSH Cognizant Tech Solutions-A 0.12% 36,651 $3.0M New
DOV Dover Corp. 0.12% 15,383 $3.0M No change
XLE SS Energy Select Sector 0.12% 65,940 $2.9M Reduce -1.9%
ADI Analog Devices Inc. 0.11% 10,707 $2.9M Reduce -1.2%
AIG American International Group 0.11% 33,188 $2.8M Add +3.8%

Show all 304 holdings

Portfolio Sells Q3 2025 → Q4 2025

WST West Pharmaceutical Services Reduce -92.6% 0.07% −0.83
FHLC Fidelity MSCI Health Care Reduce -90.2% 0.09% −0.80
SLB SLB Ltd. Reduce -93.6% 0.05% −0.63
MSFT Microsoft Corp. Reduce -0.5% 5.01% −0.60
UL Unilever PLC Sold out 0.00% −0.35
META Meta Platforms Inc. Class A Reduce -4.1% 1.32% −0.27
JPM JPMorgan Chase & Co. Reduce -12.1% 1.17% −0.19
HD Home Depot Inc. Reduce -2.7% 0.51% −0.13
MBB iShares MBS ETF Reduce -1.0% 2.21% −0.11
ADP Automatic Data Processing Reduce -6.4% 0.33% −0.09
SHY iShares 1-3 Year Treasury Bo Reduce -54.5% 0.05% −0.07
LIN Linde PLC Reduce -0.5% 0.41% −0.07
BRK.B Berkshire Hathaway Inc. Class B Reduce -12.4% 0.33% −0.06
IJH iShares Core S&P Midcap ETF Reduce -3.3% 0.87% −0.06
STIP iShares 0-5 Year Tips Bond E Reduce -0.8% 0.93% −0.06
MSM MSC Industrial Direct Co. Class A Reduce -63.9% 0.02% −0.05
PFE Pfizer Inc. Reduce -3.7% 0.41% −0.04
ORLY O'reilly Automotive Inc. Reduce -2.4% 0.16% −0.04
COST Costco Wholesale Corp. Reduce -1.3% 0.28% −0.04
CMG Chipotle Mexican Grill Inc. Reduce -28.1% 0.07% −0.04
CVX Chevron Corp. Reduce -5.4% 0.29% −0.03
PNC PNC Financial Services Group Reduce -41.7% 0.05% −0.03
PANW Palo Alto Networks Inc. Reduce -6.5% 0.15% −0.03
AGG iShares Core U.S. Aggregate Reduce -20.8% 0.10% −0.03
IBM Intl Business Machines Corp. Reduce -24.6% 0.10% −0.03
AMT American Tower Corp. Reduce -25.0% 0.06% −0.03
WHR Whirlpool Corp. Sold out 0.00% −0.03
IPG Interpublic Group of Cos Inc. Sold out 0.00% −0.03
UNH Unitedhealth Group Inc. Reduce -39.2% 0.03% −0.03
FMC FMC Corp. Sold out 0.00% −0.03
MDLZ Mondelez International Inc. Class A Reduce -26.7% 0.04% −0.02
MDT Medtronic PLC Reduce -39.1% 0.03% −0.02
SHV iShares 0-1 Year Treasury Bo Sold out 0.00% −0.02
IEFA iShares Core MSCI Eafe ETF Reduce -54.4% 0.02% −0.02
CLS Celestica Inc. Reduce -50.0% 0.03% −0.02
TROW T Rowe Price Group Inc. Reduce -25.9% 0.05% −0.02
SNA Snap-on Inc. Reduce -36.1% 0.03% −0.02
MRSH Marsh & McLennan Cos Reduce -7.4% 0.08% −0.02
EVRG Evergy Inc. Reduce -32.6% 0.03% −0.02
ADM Archer-Daniels-Midland Co. Reduce -38.5% 0.02% −0.02
RSP Invesco S&P 500 Equal Weight Sold out 0.00% −0.02
XLK SS Technology Select Sector Reduce -1.1% 0.55% −0.02
AVGO Broadcom Inc. Reduce -12.1% 0.12% −0.02
RF Regions Financial Corp. Reduce -21.3% 0.05% −0.02
IXP iShares Global Comm Services Reduce -2.5% 0.17% −0.02
BBY Best Buy Co. Inc. Reduce -41.6% 0.01% −0.01
XLF SS Financial Select Sector Reduce -6.5% 0.15% −0.01
LYB Lyondellbasell Indu Class A Reduce -32.3% 0.02% −0.01
AMZN Amazon.com Inc. Reduce -3.4% 0.58% −0.01
HSY The Hershey Co. Reduce -34.4% 0.02% −0.01

Portfolio Buys Q3 2025 → Q4 2025

INDB Independent Bank Corp. Add +84.1% 3.63% +1.69
ELV Elevance Health Inc. Add +8251.7% 0.89% +0.88
ZTS Zoetis Inc. Add +2055.2% 0.74% +0.69
NVDA Nvidia Corp. Add +64.3% 1.73% +0.63
DBMF Imgp Dbi MFT STR ETF-Usd Inc. Add +27.3% 0.67% +0.14
CB Chubb Ltd. Add +2.5% 1.58% +0.13
CTSH Cognizant Tech Solutions-A New 0.12% +0.12
MS Morgan Stanley Add +14.2% 0.56% +0.10
XOM Exxon Mobil Corp. Add +2.6% 1.45% +0.07
V Visa Inc. Class A Add +4.4% 2.06% +0.06
BMY Bristol-Myers Squibb Co. Add +3.3% 0.38% +0.06
NOBL Proshares S&P 500 Dividend A Add +5.1% 2.88% +0.06
SCHW Schwab (charles) Corp. Add +2.6% 1.06% +0.03
MKC McCormick & Co.-Non VTG SHRS Add +6.1% 0.79% +0.03
OMC Omnicom Group New 0.03% +0.03
DGRW Wisdomtree U.S. Quality Divi New 0.02% +0.02
XLB SS Materials Select Sector Add +91.3% 0.05% +0.02
XLP SS Consumer Staples Sel Sect Add +189.8% 0.03% +0.02
RXI iShares Global Consumer Disc New 0.02% +0.02
ICE Intercontinental Exchange Inc. Add +10.7% 0.90% +0.02
CME Cme Group Inc. New 0.02% +0.02
AWK American Water Works Co. Inc. New 0.02% +0.02
AJG Arthur J Gallagher & Co. New 0.02% +0.02
XLI SS Industrial Select Sector Add +40.4% 0.06% +0.02
PAYX Paychex Inc. Add +73.8% 0.05% +0.02
SBUX Starbucks Corp. Add +6.3% 0.87% +0.01
SPLB SS SPDR P Long Term C ETF Add +7.5% 1.62% +0.01
NBBK NB Bancorp Inc. New 0.01% +0.01
XLV SS Health Care Select Sector Add +17.1% 0.06% +0.01
AMD Advanced Micro Devices Add +0.4% 0.05% +0.01
AEP American Electric Power New 0.01% +0.01
CMI Cummins Inc. Add +13.9% 0.05% +0.01
EMN Eastman Chemical Co. New 0.01% +0.01
CAT Caterpillar Inc. Add +0.1% 0.09% +0.01
KLAC KLA Corp. New 0.01% +0.01
DUK Duke Energy Corp. New 0.01% +0.01
INTC Intel Corp. New 0.01% +0.01
TD Toronto-Dominion Bank Add +25.9% 0.03% +0.01
KO The Coca-Cola Co. Add +1.0% 0.41% +0.01
PEP Pepsico Inc. Add +2.3% 2.05% +0.01
WAT Waters Corp. New 0.01% +0.01
AIG American International Group Add +3.8% 0.11% +0.01
IWM iShares Russell 2000 ETF New 0.01% +0.01
AMAT Applied Materials Inc. New 0.01% +0.01
AVBC Avidia Bancorp Inc. New 0.01% +0.01
LRCX Lam Research Corp. Add +28.8% 0.02% +0.01
DGX Quest Diagnostics Inc. New 0.01% +0.01
LKQ LKQ Corp. New 0.01% +0.01
MAR Marriott International Class A Add +22.6% 0.03% +0.01
WFC Wells Fargo & Co. Add +13.6% 0.04% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 317$2.5BGOOGL, INDB, MSFT, GLD, AAPL
Q1 2026 308$2.5BGOOGL, GLD, INDB, MSFT, AAPL
Q4 2025 304$2.5BGOOGL, MSFT, GLD, INDB, AAPL
Q3 2025 302$2.4BMSFT, GOOGL, GLD, AAPL, IVOV
Q2 2025 258$2.1BMSFT, GLD, GOOGL, IVOV, NOBL
Q1 2025 275$2.0BGLD, MSFT, IVOV, NOBL, GOOGL
Q4 2024 279$2.0BMSFT, GLD, GOOGL, IVOV, NOBL
Q3 2024 283$2.0BMSFT, GLD, IVOV, GOOGL, NOBL
Q2 2024 298$1.9BMSFT, GLD, GOOGL, IVOV, PANL
Q1 2024 294$1.9BMSFT, GLD, IVOV, GOOGL, PANL