Sandy Spring Bank
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 6, 2024), Sandy Spring Bank reported 1,271 stock positions worth $2.3 billion. Its top holding was iShares Core S&P Midcap ETF (IJH) at 6.2% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 5.6%) and Apple (AAPL, 4.4%). Compared with Q1 2024, it opened 113 new positions, sold out of 81, added to 332 and reduced 318. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +6%) and the biggest sale State Street SPDR S&P Midcap (MDY, shares −2%).
- Most Recent 13F
- Q1 2025
- Location
- Olney, MD
- CIK
- 0001457833
- Portfolio Value
- $2.3B (Q2 2024)
- SEC Filing
- 0001104659-24-086115 ↗ filed Aug 6, 2024
Holdings Value
Holdings 1,271 stocks · $2.3B
| IJH iShares Core S&P Midcap ETF | 6.17% | 2,389,797 | $139.9M | Add +0.7% |
| IVV iShares Core S&P 500 ETF | 5.63% | 233,391 | $127.7M | Add +6.2% |
| AAPL Apple Inc. | 4.40% | 473,996 | $99.8M | Reduce -1.6% |
| MSFT Microsoft Corp. | 4.11% | 208,740 | $93.3M | Reduce -2.2% |
| NVDA Nvidia Corp. | 3.92% | 719,081 | $88.8M | Reduce -1.6% |
| IJR iShares Core S&P Small-Cap E | 3.04% | 646,938 | $69.0M | Add +0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.65% | 110,489 | $60.1M | Reduce -1.8% |
| MDY State Street SPDR S&P Midcap | 2.23% | 94,344 | $50.5M | Reduce -2.1% |
| AMZN Amazon.com Inc. | 2.19% | 256,682 | $49.6M | Add +1.1% |
| GOOG Alphabet Inc. Class C | 1.66% | 205,770 | $37.7M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.52% | 84,585 | $34.4M | Add +15.6% |
| JEPI JPMorgan Equity Premium Inco | 1.49% | 596,612 | $33.8M | Add +19.3% |
| JPM JPMorgan Chase & Co. | 1.47% | 165,293 | $33.4M | Reduce -0.8% |
| IUSV iShares Core S&P U.S. Value | 1.46% | 376,513 | $33.2M | Reduce -4.4% |
| IUSG iShares Core S&P U.S. Growth | 1.43% | 253,870 | $32.4M | Reduce -8.2% |
| DON Wisdomtree US Midcap Dividen | 1.22% | 592,769 | $27.7M | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 1.14% | 141,463 | $25.8M | Reduce -2.2% |
| VEA Vanguard Ftse Developed ETF | 1.02% | 466,863 | $23.1M | Add +4.3% |
| PANW Palo Alto Networks Inc. | 0.94% | 62,607 | $21.2M | Add +3.5% |
| MA Mastercard Inc. Class A | 0.91% | 46,856 | $20.7M | Reduce -1.5% |
| DHR Danaher Corp. | 0.87% | 79,175 | $19.8M | Reduce -1.4% |
| META Meta Platforms Inc. Class A | 0.86% | 38,500 | $19.4M | Add +5.7% |
| WMT Walmart Inc. | 0.84% | 280,461 | $19.0M | Reduce -1.9% |
| COST Costco Wholesale Corp. | 0.80% | 21,359 | $18.2M | Reduce -0.9% |
| HD Home Depot Inc. | 0.77% | 50,592 | $17.4M | Reduce -0.5% |
| TMO Thermo Fisher Scientific Inc. | 0.73% | 29,937 | $16.6M | Add +1.4% |
| MCD McDonald's Corp. | 0.73% | 64,920 | $16.5M | Reduce -0.3% |
| RTX RTX Corp. | 0.72% | 163,595 | $16.4M | Reduce -0.3% |
| LLY Eli Lilly & Co. | 0.71% | 17,678 | $16.0M | Add +9.6% |
| JNJ Johnson & Johnson | 0.69% | 106,687 | $15.6M | Reduce -3.1% |
| IQLT iShares MSCI International Q | 0.62% | 357,316 | $14.0M | Add +13.8% |
| ACN Accenture PLC Class A | 0.59% | 44,333 | $13.5M | Add +1.7% |
| LOW Lowe's Cos Inc. | 0.56% | 57,639 | $12.7M | Reduce -1.1% |
| GS Goldman Sachs Group Inc. | 0.56% | 27,879 | $12.6M | Add +1.4% |
| ABT Abbott Laboratories | 0.55% | 119,785 | $12.4M | Reduce -6.2% |
| XOM Exxon Mobil Corp. | 0.54% | 106,152 | $12.2M | Add +0.5% |
| ADBE Adobe Inc. | 0.54% | 21,977 | $12.2M | Reduce -4.5% |
| BX Blackstone Inc. | 0.53% | 97,809 | $12.1M | Add +0.2% |
| ZTS Zoetis Inc. | 0.53% | 69,429 | $12.0M | Add +2.0% |
| DFUV Dimensional US Marketwide Va | 0.53% | 306,468 | $12.0M | Add +10.1% |
| AXP American Express Co. | 0.53% | 51,902 | $12.0M | Reduce -1.3% |
| DFAT Dimensional US Target Value | 0.52% | 227,219 | $11.8M | Add +14.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.52% | 118,606 | $11.8M | Reduce -4.4% |
| NEE Nextera Energy Inc. | 0.52% | 166,098 | $11.8M | Reduce -0.7% |
| V Visa Inc. Class A | 0.52% | 44,518 | $11.7M | Reduce -1.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.51% | 105,021 | $11.6M | Add +1.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.50% | 30,436 | $11.4M | Add +9.7% |
| VONG Vanguard Russell 1000 Growth | 0.49% | 118,938 | $11.2M | Add +2.7% |
| ORCL Oracle Corp. | 0.49% | 78,879 | $11.1M | Reduce -1.9% |
| IYW iShares Ustechnology ETF | 0.48% | 71,911 | $10.8M | Reduce -2.0% |
| PEP Pepsico Inc. | 0.48% | 65,407 | $10.8M | Reduce -0.7% |
| BLK BlackRock Finance Inc. | 0.45% | 13,003 | $10.2M | Reduce -3.5% |
| MAR Marriott International Class A | 0.45% | 41,991 | $10.2M | Reduce -1.1% |
| CRM Salesforce Inc. | 0.45% | 39,458 | $10.1M | Add +0.4% |
| MCHP Microchip Technology Inc. | 0.45% | 110,397 | $10.1M | Reduce -2.5% |
| SCHW Schwab (charles) Corp. | 0.43% | 133,015 | $9.8M | Reduce -3.5% |
| AMT American Tower Corp. | 0.42% | 48,667 | $9.5M | Reduce -1.2% |
| ETN Eaton Corp. PLC | 0.41% | 29,578 | $9.3M | Add +12.5% |
| IWB iShares Russell 1000 ETF | 0.40% | 30,849 | $9.2M | Add +0.2% |
| ELV Elevance Health Inc. | 0.40% | 16,767 | $9.1M | Reduce -9.5% |
| PG The Procter & Gamble Co. | 0.40% | 54,891 | $9.1M | Reduce -1.9% |
| SYK Stryker Corp. | 0.39% | 25,947 | $8.8M | Reduce -0.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.39% | 50,404 | $8.8M | Reduce -3.8% |
| CSCO Cisco Systems Inc. | 0.37% | 178,878 | $8.5M | Reduce -3.5% |
| XLK SS Technology Select Sector | 0.36% | 36,038 | $8.2M | Reduce -2.2% |
| WM Waste Management Inc. | 0.36% | 38,192 | $8.1M | Reduce -1.9% |
| JPST JPMorgan Ultra-Short Income | 0.36% | 161,067 | $8.1M | Add +36.3% |
| SHEL Shell PLC-ADR | 0.36% | 112,460 | $8.1M | Add +0.3% |
| VWO Vanguard Ftse Emerging Marke | 0.35% | 179,015 | $7.8M | Add +3.1% |
| COF Capital One Financial Corp. | 0.32% | 52,262 | $7.2M | Reduce -1.2% |
| SHBI Shore Bancshares Inc. | 0.31% | 616,536 | $7.1M | Add +415.6% |
| UNH Unitedhealth Group Inc. | 0.30% | 13,252 | $6.7M | Reduce -0.6% |
| ABBV Abbvie Inc. | 0.28% | 37,608 | $6.5M | Reduce -2.5% |
| XLB SS Materials Select Sector | 0.27% | 70,181 | $6.2M | Add +1.5% |
| MDLZ Mondelez International Inc. Class A | 0.27% | 94,036 | $6.2M | Reduce -0.9% |
| QCOM Qualcomm Inc. | 0.27% | 30,880 | $6.2M | Reduce -5.8% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.27% | 69,706 | $6.1M | Add +14.5% |
| DFUS Dimensional US Eq MKT ETF | 0.27% | 103,683 | $6.1M | Add +14.0% |
| NOW ServiceNow Inc. | 0.27% | 7,668 | $6.0M | Add +32.7% |
| HON Honeywell International Inc. | 0.26% | 27,628 | $5.9M | Reduce -5.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.26% | 12,262 | $5.9M | Reduce -16.1% |
| ISRG Intuitive Surgical Inc. | 0.25% | 12,711 | $5.7M | Add +5.5% |
| CVX Chevron Corp. | 0.25% | 35,900 | $5.6M | Reduce -1.1% |
| EFA iShares MSCI Eafe ETF | 0.25% | 71,594 | $5.6M | Add +0.0% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.25% | 224,263 | $5.6M | Reduce -2.6% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.24% | 232,064 | $5.5M | Reduce -0.9% |
| MRK Merck & Co. Inc. | 0.24% | 44,470 | $5.5M | Reduce -2.6% |
| IBDR iShares Ibonds Dec 2026 Term | 0.24% | 224,386 | $5.3M | Reduce -2.6% |
| NKE Nike Inc. Class B | 0.23% | 70,646 | $5.3M | Reduce -9.9% |
| LNG Cheniere Energy Inc. | 0.23% | 30,440 | $5.3M | Add +6.5% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.23% | 213,719 | $5.3M | Reduce -2.6% |
| LH Labcorp Holdings Inc. | 0.23% | 25,762 | $5.2M | Add +0.3% |
| FTV Fortive Corp. | 0.23% | 70,526 | $5.2M | Reduce -14.1% |
| VZ Verizon Communications Inc. | 0.23% | 125,448 | $5.2M | Add +0.4% |
| XLY SS Consumer Disc Select Sect | 0.23% | 28,237 | $5.2M | Reduce -2.1% |
| UNP Union Pacific Corp. | 0.23% | 22,690 | $5.1M | Reduce -3.5% |
| SPGI S&P Global Inc. | 0.23% | 11,470 | $5.1M | Add +6.0% |
| APD Air Products & Chemicals Inc. | 0.23% | 19,818 | $5.1M | Reduce -1.8% |
| XLF SS Financial Select Sector | 0.22% | 121,996 | $5.0M | Reduce -1.0% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.22% | 72,961 | $5.0M | Reduce -2.4% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $6K (not counted above)
Lines left out (1) · $41 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| RJF Raymond James Financial Inc. | COM | 0 | $41 |
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: $2.3B.
Portfolio Sells Q1 2024 → Q2 2024
| MDY State Street SPDR S&P Midcap | Reduce -2.1% | 2.23% | −0.22 |
| DIS The Walt Disney Co. | Reduce -4.4% | 0.52% | −0.17 |
| IUSV iShares Core S&P U.S. Value | Reduce -4.4% | 1.46% | −0.16 |
| MA Mastercard Inc. Class A | Reduce -1.5% | 0.91% | −0.13 |
| HD Home Depot Inc. | Reduce -0.5% | 0.77% | −0.12 |
| LOW Lowe's Cos Inc. | Reduce -1.1% | 0.56% | −0.12 |
| ABT Abbott Laboratories | Reduce -6.2% | 0.55% | −0.11 |
| DON Wisdomtree US Midcap Dividen | Reduce -1.1% | 1.22% | −0.11 |
| MCD McDonald's Corp. | Reduce -0.3% | 0.73% | −0.11 |
| JNJ Johnson & Johnson | Reduce -3.1% | 0.69% | −0.11 |
| NKE Nike Inc. Class B | Reduce -9.9% | 0.23% | −0.10 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -28.2% | 0.22% | −0.10 |
| FTV Fortive Corp. | Reduce -14.1% | 0.23% | −0.09 |
| EL Estee Lauder Companies Class A | Reduce -9.2% | 0.13% | −0.08 |
| CVS CVS Health Corp. | Reduce -3.9% | 0.17% | −0.08 |
| BMY Bristol-Myers Squibb Co. | Reduce -3.3% | 0.19% | −0.07 |
| INTC Intel Corp. | Reduce -3.2% | 0.12% | −0.06 |
| BLK BlackRock Finance Inc. | Reduce -3.5% | 0.45% | −0.06 |
| CMCSA Comcast Corp. Class A | Reduce -18.7% | 0.15% | −0.06 |
| V Visa Inc. Class A | Reduce -1.6% | 0.52% | −0.06 |
| ADSK Autodesk Inc. | Reduce -91.7% | 0.00% | −0.06 |
| PEP Pepsico Inc. | Reduce -0.7% | 0.48% | −0.05 |
| IUSG iShares Core S&P U.S. Growth | Reduce -8.2% | 1.43% | −0.05 |
| CSCO Cisco Systems Inc. | Reduce -3.5% | 0.37% | −0.05 |
| JPM JPMorgan Chase & Co. | Reduce -0.8% | 1.47% | −0.05 |
| VEEV Veeva Systems Inc. Class A | Reduce -16.6% | 0.07% | −0.04 |
| IBDP iShares Ibonds Dec 2024 Term | Reduce -16.0% | 0.18% | −0.04 |
| DHR Danaher Corp. | Reduce -1.4% | 0.87% | −0.04 |
| MAR Marriott International Class A | Reduce -1.1% | 0.45% | −0.04 |
| COF Capital One Financial Corp. | Reduce -1.2% | 0.32% | −0.04 |
| DEO Diageo PLC-Sponsored ADR | Reduce -19.6% | 0.07% | −0.04 |
| UNP Union Pacific Corp. | Reduce -3.5% | 0.23% | −0.04 |
| ELV Elevance Health Inc. | Reduce -9.5% | 0.40% | −0.04 |
| SYK Stryker Corp. | Reduce -0.8% | 0.39% | −0.04 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -16.1% | 0.26% | −0.04 |
| ABBV Abbvie Inc. | Reduce -2.5% | 0.28% | −0.04 |
| SCHR Schwab Intermediate-Term US | Reduce -99.9% | 0.00% | −0.03 |
| CAT Caterpillar Inc. | Reduce -1.4% | 0.21% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -2.6% | 0.24% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.9% | 0.27% | −0.03 |
| DE Deere & Co. | Reduce -2.9% | 0.18% | −0.03 |
| NXPI NXP Semiconductors NV | Reduce -48.5% | 0.03% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.8% | 2.65% | −0.03 |
| SBUX Starbucks Corp. | Reduce -0.1% | 0.13% | −0.03 |
| AMT American Tower Corp. | Reduce -1.2% | 0.42% | −0.03 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -61.4% | 0.01% | −0.03 |
| FBIN Fortune Brands Innovations I | Reduce -14.4% | 0.04% | −0.02 |
| TFC Truist Financial Corp. | Reduce -10.4% | 0.15% | −0.02 |
| IWN iShares Russell 2000 Value E | Reduce -20.8% | 0.07% | −0.02 |
| ROK Rockwell Automation Inc. | Reduce -5.5% | 0.14% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| IVV iShares Core S&P 500 ETF | Add +6.2% | 5.63% | +0.37 |
| SHBI Shore Bancshares Inc. | Add +415.6% | 0.31% | +0.25 |
| GOOG Alphabet Inc. Class C | Add +0.1% | 1.66% | +0.24 |
| JEPI JPMorgan Equity Premium Inco | Add +19.3% | 1.49% | +0.17 |
| PANW Palo Alto Networks Inc. | Add +3.5% | 0.94% | +0.15 |
| LLY Eli Lilly & Co. | Add +9.6% | 0.71% | +0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +15.6% | 1.52% | +0.12 |
| AMZN Amazon.com Inc. | Add +1.1% | 2.19% | +0.10 |
| JPST JPMorgan Ultra-Short Income | Add +36.3% | 0.36% | +0.09 |
| AZN Astrazeneca PLC-Spons ADR | Add +46.5% | 0.20% | +0.08 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +9.7% | 0.50% | +0.07 |
| NOW ServiceNow Inc. | Add +32.7% | 0.27% | +0.07 |
| TTD Trade Desk Inc./the Class A | Add +492.5% | 0.07% | +0.06 |
| IBDY iShares Ibonds Dec 2033 Corp. | Add +55.0% | 0.16% | +0.05 |
| UBER Uber Technologies Inc. | Add +174.5% | 0.09% | +0.05 |
| META Meta Platforms Inc. Class A | Add +5.7% | 0.86% | +0.05 |
| IQLT iShares MSCI International Q | Add +13.8% | 0.62% | +0.05 |
| BAM Brookfield Asset Mgmt-A | New | 0.04% | +0.04 |
| FULT Fulton Financial Corp. | New | 0.04% | +0.04 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +101.6% | 0.08% | +0.04 |
| DDOG Datadog Inc. Class A | Add +105.6% | 0.07% | +0.04 |
| VONG Vanguard Russell 1000 Growth | Add +2.7% | 0.49% | +0.04 |
| DFLV Dim US Large Cap Value ETF | Add +42.5% | 0.14% | +0.03 |
| ETN Eaton Corp. PLC | Add +12.5% | 0.41% | +0.03 |
| VEU Vanguard Ftse All-World Ex-U | Add +504.7% | 0.04% | +0.03 |
| CMG Chipotle Mexican Grill Inc. | Add +2025.0% | 0.04% | +0.03 |
| GS Goldman Sachs Group Inc. | Add +1.4% | 0.56% | +0.03 |
| DFUS Dimensional US Eq MKT ETF | Add +14.0% | 0.27% | +0.03 |
| TJX TJX Companies Inc. | Add +1.3% | 0.51% | +0.03 |
| ISRG Intuitive Surgical Inc. | Add +5.5% | 0.25% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +44.5% | 0.09% | +0.03 |
| ORLY O'reilly Automotive Inc. | Add +2650.0% | 0.03% | +0.03 |
| TT Trane Technologies PLC | Add +7.9% | 0.22% | +0.03 |
| DFAT Dimensional US Target Value | Add +14.2% | 0.52% | +0.03 |
| LNG Cheniere Energy Inc. | Add +6.5% | 0.23% | +0.02 |
| CL Colgate-Palmolive Co. | Add +122.4% | 0.04% | +0.02 |
| IWF iShares Russell 1000 Growth | Add +14.7% | 0.13% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | Add +10.2% | 0.19% | +0.02 |
| IBDX iShares Ibonds Dec 2032 TC | Add +19.0% | 0.17% | +0.02 |
| AVGO Broadcom Inc. | Add +30.9% | 0.06% | +0.02 |
| IEMG iShares Core MSCI Emerging | Add +29.4% | 0.09% | +0.02 |
| VGT Vanguard Info Tech ETF | Add +7.7% | 0.15% | +0.02 |
| DFSV Dimensional US Small Cap Val | Add +57.2% | 0.06% | +0.02 |
| IJK iShares S&P Mid-Cap 400 Grow | Add +14.5% | 0.27% | +0.02 |
| ITW Illinois Tool Works | Add +69.0% | 0.05% | +0.02 |
| WELL Welltower Inc. | Add +20.0% | 0.07% | +0.02 |
| TMUS T-Mobile US Inc. | Add +5.5% | 0.17% | +0.02 |
| SPGI S&P Global Inc. | Add +6.0% | 0.23% | +0.02 |
| SHEL Shell PLC-ADR | Add +0.3% | 0.36% | +0.02 |
| VWO Vanguard Ftse Emerging Marke | Add +3.1% | 0.35% | +0.02 |
Notes & Other Activity Q1 2024 → Q2 2024
| UGI CORP (UGI 7.25 06/01/24) | UNIT 06/01/2024 | Sold out | 500 | $29Kbefore exit |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Reduce -13.0% | 100 | $4K |
| SAVAW Cassava Sciences Inc.-28 | *W EXP 11/15/202 | Sold out | 20 | $81before exit |
| RJF Raymond James Financial Inc. | COM | New | 0 | $41 |
| TFI SS SPDR N Ice Muni Bond ETF | ST STR NUVEE ETF | Sold out | 0 | $4before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.