Sandy Spring Bank
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 25, 2024), Sandy Spring Bank reported 1,194 stock positions worth $2.4 billion. Its top holding was iShares Core S&P Midcap ETF (IJH) at 6.3% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 5.5%) and Apple (AAPL, 4.5%). Compared with Q2 2024, it opened 58 new positions, sold out of 135, added to 250 and reduced 358. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +8%) and the biggest sale iShares Core S&P U.S. Growth (IUSG, shares −4%).
- Most Recent 13F
- Q1 2025
- Location
- Olney, MD
- CIK
- 0001457833
- Portfolio Value
- $2.4B (Q3 2024)
- SEC Filing
- 0001104659-24-111312 ↗ filed Oct 25, 2024
Holdings Value
Holdings 1,194 stocks · $2.4B
| IJH iShares Core S&P Midcap ETF | 6.27% | 2,442,284 | $152.2M | Add +2.2% |
| IVV iShares Core S&P 500 ETF | 5.54% | 233,507 | $134.7M | Add +0.1% |
| AAPL Apple Inc. | 4.52% | 470,914 | $109.7M | Reduce -0.7% |
| MSFT Microsoft Corp. | 3.72% | 209,856 | $90.3M | Add +0.5% |
| NVDA Nvidia Corp. | 3.61% | 722,082 | $87.7M | Add +0.4% |
| IJR iShares Core S&P Small-Cap E | 3.16% | 657,293 | $76.9M | Add +1.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.57% | 108,995 | $62.5M | Reduce -1.4% |
| MDY State Street SPDR S&P Midcap | 2.21% | 94,124 | $53.6M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 1.99% | 259,159 | $48.3M | Add +1.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.73% | 91,559 | $42.1M | Add +8.2% |
| JEPI JPMorgan Equity Premium Inco | 1.63% | 663,624 | $39.5M | Add +11.2% |
| IUSV iShares Core S&P U.S. Value | 1.44% | 366,938 | $35.0M | Reduce -2.5% |
| JPM JPMorgan Chase & Co. | 1.43% | 164,756 | $34.7M | Reduce -0.3% |
| GOOG Alphabet Inc. Class C | 1.42% | 206,882 | $34.6M | Add +0.5% |
| IUSG iShares Core S&P U.S. Growth | 1.33% | 244,624 | $32.3M | Reduce -3.6% |
| DON Wisdomtree US Midcap Dividen | 1.23% | 583,172 | $29.8M | Reduce -1.6% |
| VEA Vanguard Ftse Developed ETF | 1.07% | 490,288 | $25.9M | Add +5.0% |
| GOOGL Alphabet Inc. Class A | 0.97% | 142,540 | $23.6M | Add +0.8% |
| MA Mastercard Inc. Class A | 0.94% | 46,123 | $22.8M | Reduce -1.6% |
| META Meta Platforms Inc. Class A | 0.93% | 39,486 | $22.6M | Add +2.6% |
| WMT Walmart Inc. | 0.92% | 275,377 | $22.2M | Reduce -1.8% |
| PANW Palo Alto Networks Inc. | 0.92% | 65,042 | $22.2M | Add +3.9% |
| DHR Danaher Corp. | 0.89% | 78,081 | $21.7M | Reduce -1.4% |
| HD Home Depot Inc. | 0.84% | 50,063 | $20.3M | Reduce -1.1% |
| RTX RTX Corp. | 0.81% | 162,586 | $19.7M | Reduce -0.6% |
| MCD McDonald's Corp. | 0.80% | 64,185 | $19.5M | Reduce -1.1% |
| COST Costco Wholesale Corp. | 0.78% | 21,296 | $18.9M | Reduce -0.3% |
| TMO Thermo Fisher Scientific Inc. | 0.75% | 29,592 | $18.3M | Reduce -1.1% |
| IQLT iShares MSCI International Q | 0.73% | 426,966 | $17.7M | Add +19.5% |
| JNJ Johnson & Johnson | 0.70% | 104,930 | $17.0M | Reduce -1.6% |
| LLY Eli Lilly & Co. | 0.70% | 19,151 | $17.0M | Add +8.3% |
| NEE Nextera Energy Inc. | 0.65% | 187,086 | $15.8M | Add +12.6% |
| ACN Accenture PLC Class A | 0.63% | 43,631 | $15.4M | Reduce -1.6% |
| LOW Lowe's Cos Inc. | 0.63% | 56,531 | $15.3M | Reduce -1.9% |
| BX Blackstone Inc. | 0.61% | 96,284 | $14.7M | Reduce -1.6% |
| AXP American Express Co. | 0.58% | 51,886 | $14.1M | Reduce -0.0% |
| DFAT Dimensional US Target Value | 0.58% | 251,127 | $14.0M | Add +10.5% |
| GS Goldman Sachs Group Inc. | 0.57% | 27,803 | $13.8M | Reduce -0.3% |
| DFUV Dimensional US Marketwide Va | 0.56% | 329,225 | $13.7M | Add +7.4% |
| ORCL Oracle Corp. | 0.56% | 80,306 | $13.7M | Add +1.8% |
| ZTS Zoetis Inc. | 0.56% | 69,621 | $13.6M | Add +0.3% |
| VONG Vanguard Russell 1000 Growth | 0.53% | 132,272 | $12.8M | Add +11.2% |
| ABT Abbott Laboratories | 0.52% | 110,003 | $12.5M | Reduce -8.2% |
| XOM Exxon Mobil Corp. | 0.51% | 105,813 | $12.4M | Reduce -0.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.51% | 105,318 | $12.4M | Add +0.3% |
| V Visa Inc. Class A | 0.51% | 44,875 | $12.3M | Add +0.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.51% | 32,007 | $12.3M | Add +5.2% |
| ETN Eaton Corp. PLC | 0.50% | 36,299 | $12.0M | Add +22.7% |
| BLK BlackRock Finance Inc. | 0.48% | 12,378 | $11.8M | Reduce -4.8% |
| ADBE Adobe Inc. | 0.47% | 22,257 | $11.5M | Add +1.3% |
| AMT American Tower Corp. | 0.47% | 48,711 | $11.3M | Add +0.1% |
| PEP Pepsico Inc. | 0.45% | 64,814 | $11.0M | Reduce -0.9% |
| IYW iShares Ustechnology ETF | 0.45% | 71,589 | $10.9M | Reduce -0.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.44% | 110,841 | $10.7M | Reduce -6.5% |
| MAR Marriott International Class A | 0.43% | 41,805 | $10.4M | Reduce -0.4% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.42% | 111,800 | $10.3M | Add +60.4% |
| CRM Salesforce Inc. | 0.42% | 37,293 | $10.2M | Reduce -5.5% |
| PG The Procter & Gamble Co. | 0.40% | 56,490 | $9.8M | Add +2.9% |
| IWB iShares Russell 1000 ETF | 0.40% | 31,094 | $9.8M | Add +0.8% |
| CSCO Cisco Systems Inc. | 0.39% | 180,097 | $9.6M | Add +0.7% |
| MCHP Microchip Technology Inc. | 0.38% | 115,359 | $9.3M | Add +4.5% |
| SYK Stryker Corp. | 0.38% | 25,522 | $9.2M | Reduce -1.6% |
| VWO Vanguard Ftse Emerging Marke | 0.38% | 190,603 | $9.1M | Add +6.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.37% | 51,574 | $9.0M | Add +2.3% |
| ELV Elevance Health Inc. | 0.34% | 16,020 | $8.3M | Reduce -4.5% |
| SCHW Schwab (charles) Corp. | 0.34% | 127,434 | $8.3M | Reduce -4.2% |
| SHBI Shore Bancshares Inc. | 0.34% | 583,536 | $8.2M | Reduce -5.3% |
| XLK SS Technology Select Sector | 0.33% | 35,657 | $8.0M | Reduce -1.1% |
| JPST JPMorgan Ultra-Short Income | 0.33% | 158,131 | $8.0M | Reduce -1.8% |
| COF Capital One Financial Corp. | 0.32% | 52,492 | $7.9M | Add +0.4% |
| WM Waste Management Inc. | 0.32% | 37,682 | $7.8M | Reduce -1.3% |
| UNH Unitedhealth Group Inc. | 0.32% | 13,238 | $7.7M | Reduce -0.1% |
| SHEL Shell PLC-ADR | 0.32% | 116,677 | $7.7M | Add +3.8% |
| ABBV Abbvie Inc. | 0.31% | 37,599 | $7.4M | Reduce -0.0% |
| NOW ServiceNow Inc. | 0.30% | 8,173 | $7.3M | Add +6.6% |
| XLB SS Materials Select Sector | 0.30% | 75,493 | $7.3M | Add +7.6% |
| MDLZ Mondelez International Inc. Class A | 0.28% | 92,043 | $6.8M | Reduce -2.1% |
| DFUS Dimensional US Eq MKT ETF | 0.27% | 104,894 | $6.5M | Add +1.2% |
| ISRG Intuitive Surgical Inc. | 0.26% | 12,951 | $6.4M | Add +1.9% |
| EFA iShares MSCI Eafe ETF | 0.26% | 74,338 | $6.2M | Add +3.8% |
| IBDR iShares Ibonds Dec 2026 Term | 0.25% | 252,186 | $6.1M | Add +12.4% |
| QCOM Qualcomm Inc. | 0.25% | 35,804 | $6.1M | Add +15.9% |
| NKE Nike Inc. Class B | 0.25% | 68,632 | $6.1M | Reduce -2.9% |
| APD Air Products & Chemicals Inc. | 0.25% | 20,178 | $6.0M | Add +1.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.25% | 12,241 | $6.0M | Reduce -0.2% |
| TT Trane Technologies PLC | 0.25% | 15,323 | $6.0M | Add +2.2% |
| SPGI S&P Global Inc. | 0.25% | 11,526 | $6.0M | Add +0.5% |
| HON Honeywell International Inc. | 0.24% | 28,176 | $5.8M | Add +2.0% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.24% | 237,347 | $5.8M | Add +2.3% |
| BN Brookfield Corp. | 0.24% | 108,769 | $5.8M | Reduce -2.3% |
| CAT Caterpillar Inc. | 0.24% | 14,685 | $5.7M | Add +1.4% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.23% | 223,038 | $5.7M | Add +4.4% |
| VZ Verizon Communications Inc. | 0.23% | 125,691 | $5.6M | Add +0.2% |
| LH Labcorp Holdings Inc. | 0.23% | 25,182 | $5.6M | Reduce -2.3% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.23% | 223,812 | $5.6M | Reduce -0.2% |
| LNG Cheniere Energy Inc. | 0.23% | 31,125 | $5.6M | Add +2.3% |
| UNP Union Pacific Corp. | 0.23% | 22,437 | $5.5M | Reduce -1.1% |
| AZN Astrazeneca PLC-Spons ADR | 0.22% | 69,806 | $5.4M | Add +20.4% |
| IBDU iShares Ibonds Dec 2029 Term | 0.22% | 229,310 | $5.4M | Add +6.2% |
| XLF SS Financial Select Sector | 0.22% | 118,019 | $5.3M | Reduce -3.3% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $4K (not counted above)
Lines left out (3) · $110 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| RJF Raymond James Financial Inc. | COM | 0 | $41 |
| COHR Coherent Corp. | COM | 0 | $39 |
| BBY Best Buy Co. Inc. | COM | 0 | $30 |
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: $2.4B.
Portfolio Sells Q2 2024 → Q3 2024
| IUSG iShares Core S&P U.S. Growth | Reduce -3.6% | 1.33% | −0.10 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -48.2% | 0.13% | −0.09 |
| SCHW Schwab (charles) Corp. | Reduce -4.2% | 0.34% | −0.09 |
| DIS The Walt Disney Co. | Reduce -6.5% | 0.44% | −0.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.4% | 2.57% | −0.08 |
| FTV Fortive Corp. | Reduce -26.0% | 0.17% | −0.06 |
| INTC Intel Corp. | Reduce -29.7% | 0.06% | −0.06 |
| ELV Elevance Health Inc. | Reduce -4.5% | 0.34% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -0.3% | 1.43% | −0.04 |
| IBDP iShares Ibonds Dec 2024 Term | Reduce -17.8% | 0.14% | −0.04 |
| EL Estee Lauder Companies Class A | Reduce -23.9% | 0.08% | −0.04 |
| LW Lamb Weston Holdings Inc. | Reduce -78.1% | 0.01% | −0.04 |
| WM Waste Management Inc. | Reduce -1.3% | 0.32% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -0.7% | 0.21% | −0.04 |
| CVX Chevron Corp. | Reduce -2.6% | 0.21% | −0.04 |
| ABT Abbott Laboratories | Reduce -8.2% | 0.52% | −0.03 |
| AGCO Agco Corp. | Reduce -55.8% | 0.02% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -20.5% | 0.12% | −0.03 |
| IYW iShares Ustechnology ETF | Reduce -0.5% | 0.45% | −0.03 |
| CVS CVS Health Corp. | Reduce -17.2% | 0.14% | −0.03 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -98.8% | 0.00% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -0.3% | 0.51% | −0.03 |
| JPST JPMorgan Ultra-Short Income | Reduce -1.8% | 0.33% | −0.03 |
| XLK SS Technology Select Sector | Reduce -1.1% | 0.33% | −0.03 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -8.9% | 0.19% | −0.03 |
| CRM Salesforce Inc. | Reduce -5.5% | 0.42% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -0.3% | 0.78% | −0.02 |
| PEP Pepsico Inc. | Reduce -0.9% | 0.45% | −0.02 |
| ROK Rockwell Automation Inc. | Reduce -7.1% | 0.12% | −0.02 |
| STZ Constellation Brands Inc. Class A | Reduce -5.2% | 0.17% | −0.02 |
| IWF iShares Russell 1000 Growth | Reduce -13.1% | 0.11% | −0.02 |
| IUSV iShares Core S&P U.S. Value | Reduce -2.5% | 1.44% | −0.02 |
| MAR Marriott International Class A | Reduce -0.4% | 0.43% | −0.02 |
| MDY State Street SPDR S&P Midcap | Reduce -0.2% | 2.21% | −0.02 |
| APH Amphenol Corp. Class A | Reduce -5.3% | 0.11% | −0.02 |
| DEO Diageo PLC-Sponsored ADR | Reduce -27.8% | 0.06% | −0.02 |
| SNOW Snowflake Inc. | Reduce -23.3% | 0.03% | −0.02 |
| NFLX Netflix Inc. | Reduce -34.5% | 0.03% | −0.02 |
| FDX FedEx Corp. | Reduce -18.1% | 0.03% | −0.02 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -0.2% | 0.23% | −0.01 |
| BA The Boeing Co. | Reduce -4.0% | 0.04% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.2% | 0.25% | −0.01 |
| IBMM iShares Ibonds Dec 2024 Term | Reduce -21.6% | 0.03% | −0.01 |
| IXN iShares Global Tech ETF | Reduce -4.1% | 0.10% | −0.01 |
| SYK Stryker Corp. | Reduce -1.6% | 0.38% | −0.01 |
| CABO Cable One Inc. | Reduce -43.8% | 0.01% | −0.01 |
| DVN Devon Energy Corp. | Reduce -1.8% | 0.03% | −0.01 |
| OTIS Otis Worldwide Corp. | Reduce -9.2% | 0.10% | −0.01 |
| XLY SS Consumer Disc Select Sect | Reduce -6.3% | 0.22% | −0.01 |
| EOG EOG Resources Inc. | Reduce -13.8% | 0.03% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| BRK.B Berkshire Hathaway Inc. Class B | Add +8.2% | 1.73% | +0.22 |
| IJK iShares S&P Mid-Cap 400 Grow | Add +60.4% | 0.42% | +0.15 |
| JEPI JPMorgan Equity Premium Inco | Add +11.2% | 1.63% | +0.13 |
| NEE Nextera Energy Inc. | Add +12.6% | 0.65% | +0.13 |
| IJR iShares Core S&P Small-Cap E | Add +1.6% | 3.16% | +0.12 |
| IQLT iShares MSCI International Q | Add +19.5% | 0.73% | +0.11 |
| IJH iShares Core S&P Midcap ETF | Add +2.2% | 6.27% | +0.10 |
| ETN Eaton Corp. PLC | Add +22.7% | 0.50% | +0.09 |
| AVGO Broadcom Inc. | Add +124.3% | 0.14% | +0.08 |
| META Meta Platforms Inc. Class A | Add +2.6% | 0.93% | +0.07 |
| ORCL Oracle Corp. | Add +1.8% | 0.56% | +0.07 |
| DFAT Dimensional US Target Value | Add +10.5% | 0.58% | +0.06 |
| AMT American Tower Corp. | Add +0.1% | 0.47% | +0.05 |
| VEA Vanguard Ftse Developed ETF | Add +5.0% | 1.07% | +0.05 |
| VRT Vertiv Holdings Co. Class A | Add +360.3% | 0.06% | +0.04 |
| D Dominion Energy Inc. | Add +47.6% | 0.11% | +0.04 |
| TTD Trade Desk Inc./the Class A | Add +51.1% | 0.10% | +0.04 |
| NOW ServiceNow Inc. | Add +6.6% | 0.30% | +0.03 |
| DFUV Dimensional US Marketwide Va | Add +7.4% | 0.56% | +0.03 |
| VONG Vanguard Russell 1000 Growth | Add +11.2% | 0.53% | +0.03 |
| IBDX iShares Ibonds Dec 2032 TC | Add +20.8% | 0.20% | +0.03 |
| IBDZ ISHARESIBONDSDEC2034TMCORP | New | 0.03% | +0.03 |
| VCIT Vanguard Int-Term Corporate | Add +36.8% | 0.12% | +0.03 |
| VWO Vanguard Ftse Emerging Marke | Add +6.5% | 0.38% | +0.03 |
| ZTS Zoetis Inc. | Add +0.3% | 0.56% | +0.03 |
| ATO Atmos Energy Corp. | Add +1111.0% | 0.03% | +0.03 |
| TT Trane Technologies PLC | Add +2.2% | 0.25% | +0.03 |
| XLB SS Materials Select Sector | Add +7.6% | 0.30% | +0.03 |
| IBMS ISHARESIBONDDEC2030MUNIBDETF | New | 0.03% | +0.03 |
| AZN Astrazeneca PLC-Spons ADR | Add +20.4% | 0.22% | +0.02 |
| IBDY iShares Ibonds Dec 2033 Corp. | Add +17.7% | 0.19% | +0.02 |
| IBM Intl Business Machines Corp. | Add +10.5% | 0.10% | +0.02 |
| CAT Caterpillar Inc. | Add +1.4% | 0.24% | +0.02 |
| DHI D.R. Horton Inc. | Add +1.1% | 0.11% | +0.02 |
| APD Air Products & Chemicals Inc. | Add +1.8% | 0.25% | +0.02 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +13.3% | 0.21% | +0.02 |
| CSCO Cisco Systems Inc. | Add +0.7% | 0.39% | +0.02 |
| SPGI S&P Global Inc. | Add +0.5% | 0.25% | +0.02 |
| DFLV Dim US Large Cap Value ETF | Add +14.4% | 0.16% | +0.02 |
| KO The Coca-Cola Co. | Add +6.5% | 0.16% | +0.02 |
| IBDR iShares Ibonds Dec 2026 Term | Add +12.4% | 0.25% | +0.02 |
| TMUS T-Mobile US Inc. | Add +0.1% | 0.19% | +0.02 |
| DBEF Xtrackers MSCI Eafe Hedged E | Add +145.4% | 0.03% | +0.02 |
| VRTX Vertex Pharmaceuticals Inc. | Add +239.7% | 0.02% | +0.02 |
| UBER Uber Technologies Inc. | Add +19.7% | 0.10% | +0.01 |
| ISRG Intuitive Surgical Inc. | Add +1.9% | 0.26% | +0.01 |
| DUK Duke Energy Corp. | Add +35.5% | 0.04% | +0.01 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +8.3% | 0.22% | +0.01 |
| BKR Baker Hughes Co. | Add +314.7% | 0.01% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +8.4% | 0.14% | +0.01 |
Notes & Other Activity Q2 2024 → Q3 2024
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Reduce -8.0% | 92 | $3K |
| COHR Coherent Corp. | COM | Reduce -100.0% | 0 | $39 |
| BBY Best Buy Co. Inc. | COM | Reduce -100.0% | 0 | $30 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.