Tower Bridge Advisors
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 8, 2025), Tower Bridge Advisors reported 191 stock positions worth $880.5 million. Its top holding was Microsoft (MSFT) at 6.7% of the portfolio, followed by Apple (AAPL, 5.8%) and JPMorgan Chase (JPM, 3.6%). Compared with Q4 2024, it opened 16 new positions, sold out of 12, added to 40 and reduced 87. The biggest buy was Lam Research (LRCX, shares +262%) and the biggest sale Microsoft (MSFT, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- WEST CONSHOHOCKEN, PA
- CIK
- 0001278249
- Portfolio Value
- $880.5M (Q1 2025)
- SEC Filing
- 0001278249-25-000002 ↗ filed May 8, 2025
Holdings Value
Holdings 191 stocks · $880.5M
| MSFT Microsoft Corp. | 6.68% | 156,589 | $58.8M | Reduce -2.6% |
| AAPL Apple Inc. | 5.77% | 228,646 | $50.8M | Reduce -1.5% |
| JPM JPMorgan Chase & Co. | 3.65% | 130,980 | $32.1M | Reduce -0.4% |
| GOOG Alphabet Inc. Class C | 3.54% | 199,273 | $31.1M | Reduce -0.9% |
| ORCL Oracle Corp. | 2.94% | 185,362 | $25.9M | Reduce -2.6% |
| AVGO Broadcom Inc. | 2.72% | 142,858 | $23.9M | Add +0.0% |
| V Visa Inc. Class A | 2.49% | 62,546 | $21.9M | Reduce -3.6% |
| MCD McDonald's Corp. | 2.41% | 67,824 | $21.2M | Reduce -1.4% |
| ACN Accenture PLC Class A | 2.25% | 63,516 | $19.8M | Reduce -1.0% |
| AON Aon PLC Class A | 1.95% | 42,922 | $17.1M | Reduce -2.5% |
| JNJ Johnson & Johnson | 1.82% | 96,528 | $16.0M | Reduce -2.5% |
| UNH Unitedhealth Group Inc. | 1.73% | 29,098 | $15.2M | Add +1.5% |
| J Jacobs Solutions Inc. | 1.69% | 123,268 | $14.9M | Reduce -3.1% |
| PEP Pepsico Inc. | 1.66% | 97,338 | $14.6M | Add +1.7% |
| RTX RTX Corp. | 1.62% | 107,496 | $14.2M | Reduce -1.4% |
| PG The Procter & Gamble Co. | 1.61% | 83,097 | $14.2M | Add +4.5% |
| TMUS T-Mobile US Inc. | 1.59% | 52,582 | $14.0M | Reduce -0.8% |
| IQV Iqvia Holdings Inc. | 1.44% | 72,068 | $12.7M | Reduce -2.7% |
| TMO Thermo Fisher Scientific Inc. | 1.42% | 25,156 | $12.5M | Reduce -0.2% |
| XOM Exxon Mobil Corp. | 1.37% | 101,711 | $12.1M | Add +0.2% |
| LOW Lowe's Cos Inc. | 1.29% | 48,722 | $11.4M | Reduce -1.3% |
| BDX Becton Dickinson and Co. | 1.29% | 49,405 | $11.3M | Reduce -8.5% |
| KO The Coca-Cola Co. | 1.27% | 156,656 | $11.2M | Reduce -1.5% |
| META Meta Platforms Inc. Class A | 1.26% | 19,215 | $11.1M | Add +0.4% |
| LRCX Lam Research Corp. | 1.17% | 141,450 | $10.3M | Add +262.2% |
| CVX Chevron Corp. | 1.13% | 59,342 | $9.9M | Add +0.1% |
| ETN Eaton Corp. PLC | 1.11% | 36,046 | $9.8M | Add +6.4% |
| DHR Danaher Corp. | 1.09% | 46,611 | $9.6M | Reduce -3.8% |
| COST Costco Wholesale Corp. | 1.05% | 9,765 | $9.2M | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 1.04% | 59,270 | $9.2M | Reduce -4.8% |
| SCHW Schwab (charles) Corp. | 1.03% | 116,118 | $9.1M | Reduce -4.5% |
| NVS Novartis AG-Sponsored ADR | 0.99% | 77,935 | $8.7M | Reduce -1.7% |
| TOL Toll Brothers Inc. | 0.98% | 81,842 | $8.6M | Reduce -1.6% |
| AMZN Amazon.com Inc. | 0.97% | 45,062 | $8.6M | Add +8.2% |
| WSO Watsco Inc. | 0.97% | 16,728 | $8.5M | Reduce -2.1% |
| OKE Oneok Inc. | 0.96% | 84,848 | $8.4M | Add +0.9% |
| MCO Moody's Corp. | 0.95% | 17,997 | $8.4M | Reduce -4.2% |
| ABBV Abbvie Inc. | 0.95% | 39,978 | $8.4M | Reduce -0.3% |
| HD Home Depot Inc. | 0.91% | 21,867 | $8.0M | Reduce -3.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.82% | 13,626 | $7.3M | Reduce -2.4% |
| LEN Lennar Corp. Class A | 0.82% | 62,592 | $7.2M | Reduce -10.9% |
| CME Cme Group Inc. | 0.80% | 26,448 | $7.0M | Reduce -1.4% |
| ICE Intercontinental Exchange Inc. | 0.77% | 39,516 | $6.8M | Add +2.7% |
| HON Honeywell International Inc. | 0.72% | 29,751 | $6.3M | Reduce -5.7% |
| ABT Abbott Laboratories | 0.68% | 45,331 | $6.0M | Add +0.7% |
| WMT Walmart Inc. | 0.68% | 67,870 | $6.0M | Reduce -23.5% |
| NEE Nextera Energy Inc. | 0.67% | 82,739 | $5.9M | Add +3.1% |
| LLY Eli Lilly & Co. | 0.65% | 6,946 | $5.7M | Reduce -11.1% |
| TPL Texas Pacific Land Corp. | 0.64% | 4,267 | $5.7M | Reduce -1.4% |
| PH Parker Hannifin Corp. | 0.64% | 9,291 | $5.6M | Reduce -1.3% |
| BRO Brown & Brown Inc. | 0.58% | 40,904 | $5.1M | Reduce -4.1% |
| UNP Union Pacific Corp. | 0.57% | 21,092 | $5.0M | Add +0.6% |
| FDX FedEx Corp. | 0.56% | 20,157 | $4.9M | Reduce -4.9% |
| ADBE Adobe Inc. | 0.55% | 12,663 | $4.9M | Reduce -29.1% |
| WM Waste Management Inc. | 0.55% | 20,940 | $4.8M | Reduce -0.1% |
| EPD Enterprise Products Partners | 0.54% | 138,945 | $4.7M | Add +1.2% |
| MDLZ Mondelez International Inc. Class A | 0.51% | 66,709 | $4.5M | Reduce -0.5% |
| LHX L3HARRIS Technologies Inc. | 0.51% | 21,483 | $4.5M | No change |
| SPGI S&P Global Inc. | 0.50% | 8,625 | $4.4M | Reduce -1.8% |
| AMGN Amgen Inc. | 0.49% | 13,909 | $4.3M | Add +3.2% |
| UPS United Parcel Service Class B | 0.49% | 39,196 | $4.3M | Reduce -0.9% |
| APD Air Products & Chemicals Inc. | 0.48% | 14,379 | $4.2M | Reduce -3.4% |
| ADI Analog Devices Inc. | 0.46% | 20,234 | $4.1M | No change |
| NVDA Nvidia Corp. | 0.46% | 37,600 | $4.1M | Add +11.6% |
| MRK Merck & Co. Inc. | 0.45% | 43,866 | $3.9M | Reduce -8.7% |
| DE Deere & Co. | 0.44% | 8,201 | $3.8M | Reduce -0.6% |
| AMP Ameriprise Financial Inc. | 0.43% | 7,849 | $3.8M | No change |
| MDT Medtronic PLC | 0.42% | 41,404 | $3.7M | Reduce -2.7% |
| CSCO Cisco Systems Inc. | 0.41% | 58,078 | $3.6M | Add +2.1% |
| AXP American Express Co. | 0.39% | 12,899 | $3.5M | Add +3.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.38% | 13,303 | $3.3M | Reduce -1.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.35% | 73,518 | $3.1M | Add +1.5% |
| TRV The Travelers Cos Inc. | 0.34% | 11,213 | $3.0M | Add +3.3% |
| ENB Enbridge Inc. | 0.34% | 66,737 | $3.0M | Reduce -2.7% |
| LMT Lockheed Martin Corp. | 0.33% | 6,531 | $2.9M | No change |
| RHHBY Roche Holdings Ltd.-Spons ADR | 0.32% | 69,093 | $2.8M | Reduce -2.2% |
| WFC Wells Fargo & Co. | 0.31% | 38,476 | $2.8M | Add +8.6% |
| CDW CDW Corp. | 0.30% | 16,410 | $2.6M | Reduce -8.6% |
| PNC PNC Financial Services Group | 0.29% | 14,599 | $2.6M | Add +15.7% |
| LDOS Leidos Holdings Inc. | 0.28% | 18,112 | $2.4M | Reduce -0.1% |
| CSX CSX Corp. | 0.27% | 81,931 | $2.4M | No change |
| QCOM Qualcomm Inc. | 0.27% | 15,577 | $2.4M | Reduce -5.9% |
| CL Colgate-Palmolive Co. | 0.27% | 25,387 | $2.4M | Reduce -2.5% |
| BMY Bristol-Myers Squibb Co. | 0.25% | 36,352 | $2.2M | Add +15.2% |
| SPG Simon Property Group Inc. | 0.23% | 12,450 | $2.1M | Reduce -2.5% |
| NSC Norfolk Southern Corp. | 0.22% | 8,306 | $2.0M | Add +0.6% |
| ADP Automatic Data Processing | 0.21% | 5,979 | $1.8M | Reduce -9.8% |
| AFL Aflac Inc. | 0.21% | 16,255 | $1.8M | No change |
| STZ Constellation Brands Inc. Class A | 0.19% | 9,237 | $1.7M | Reduce -5.3% |
| PFE Pfizer Inc. | 0.18% | 63,988 | $1.6M | Reduce -1.6% |
| DUK Duke Energy Corp. | 0.17% | 12,528 | $1.5M | Add +3.3% |
| FANG Diamondback Energy Inc. | 0.16% | 8,921 | $1.4M | Add +1.1% |
| CAT Caterpillar Inc. | 0.16% | 4,293 | $1.4M | Add +4.9% |
| TT Trane Technologies PLC | 0.16% | 4,169 | $1.4M | No change |
| RJF Raymond James Financial Inc. | 0.15% | 9,704 | $1.3M | Reduce -12.2% |
| PSX Phillips 66 | 0.15% | 10,549 | $1.3M | Reduce -0.5% |
| ALL Allstate Corp. | 0.15% | 6,253 | $1.3M | No change |
| NFLX Netflix Inc. | 0.14% | 1,289 | $1.2M | Reduce -7.2% |
| UL Unilever PLC | 0.13% | 19,595 | $1.2M | No change |
| VMC Vulcan Materials Co. | 0.13% | 4,936 | $1.2M | No change |
Other holdings (7): bonds, preferreds, convertibles and warrants · $14.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| GOLDMAN SACHS GROUP INC (GS F PERP A) | COM | 192,193 | $4.3M | Reduce -3.3% |
| US BANCORP (USB F PERP B*) | COM | 141,633 | $3.1M | Reduce -3.1% |
| METLIFE INC (MET F PERP A) | Bond | 113,262 | $2.7M | Reduce -0.5% |
| BANK OF AMERICA CORP (BAC F PERP 02) | COM | 104,180 | $2.3M | Reduce -0.2% |
| MORGAN STANLEY (MS F PERP +A) | COM | 38,795 | $885K | No change |
| BANK OF AMERICA CORP (BAC F PERP 01) | Preferred Stock | 30,100 | $667K | Add +7.1% |
| GOLDMAN SACHS GROUP INC (GS F PERP D) | Preferred Stock | 26,850 | $593K | Reduce -0.9% |
Total filed on the 13F, all lines: $895.0M.
Portfolio Sells Q4 2024 → Q1 2025
| MSFT Microsoft Corp. | Reduce -2.6% | 6.68% | −0.66 |
| GOOG Alphabet Inc. Class C | Reduce -0.9% | 3.54% | −0.61 |
| DEO Diageo PLC-Sponsored ADR | Reduce -90.2% | 0.05% | −0.54 |
| AAPL Apple Inc. | Reduce -1.5% | 5.77% | −0.52 |
| ORCL Oracle Corp. | Reduce -2.6% | 2.94% | −0.49 |
| ADBE Adobe Inc. | Reduce -29.1% | 0.55% | −0.31 |
| GOOGL Alphabet Inc. Class A | Reduce -4.8% | 1.04% | −0.23 |
| LEN Lennar Corp. Class A | Reduce -10.9% | 0.82% | −0.22 |
| ACN Accenture PLC Class A | Reduce -1.0% | 2.25% | −0.19 |
| WMT Walmart Inc. | Reduce -23.5% | 0.68% | −0.19 |
| TOL Toll Brothers Inc. | Reduce -1.6% | 0.98% | −0.15 |
| J Jacobs Solutions Inc. | Reduce -3.1% | 1.69% | −0.15 |
| AMTM Amentum Holdings Inc. | Reduce -58.5% | 0.08% | −0.13 |
| IQV Iqvia Holdings Inc. | Reduce -2.7% | 1.44% | −0.13 |
| DHR Danaher Corp. | Reduce -3.8% | 1.09% | −0.12 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -55.6% | 0.10% | −0.10 |
| CMCSA Comcast Corp. Class A | Reduce -59.6% | 0.07% | −0.10 |
| TGT Target Corp. | Sold out | 0.00% | −0.09 |
| FDX FedEx Corp. | Reduce -4.9% | 0.56% | −0.09 |
| MRK Merck & Co. Inc. | Reduce -8.7% | 0.45% | −0.07 |
| HON Honeywell International Inc. | Reduce -5.7% | 0.72% | −0.06 |
| UPS United Parcel Service Class B | Reduce -0.9% | 0.49% | −0.05 |
| CTVA Corteva Inc. | Sold out | 0.00% | −0.04 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.04 |
| STZ Constellation Brands Inc. Class A | Reduce -5.3% | 0.19% | −0.04 |
| BDX Becton Dickinson and Co. | Reduce -8.5% | 1.29% | −0.04 |
| CDW CDW Corp. | Reduce -8.6% | 0.30% | −0.04 |
| HD Home Depot Inc. | Reduce -3.0% | 0.91% | −0.04 |
| QSR Restaurant Brands Intern | Sold out | 0.00% | −0.04 |
| CEF Sprott Physical Gold and Sil | Sold out | 0.00% | −0.03 |
| RJF Raymond James Financial Inc. | Reduce -12.2% | 0.15% | −0.03 |
| FXAIX Fidelity 500 Index Fund | Sold out | 0.00% | −0.03 |
| AHIFX Amer FNDS Hi-Inc. TRST-F2 | Sold out | 0.00% | −0.03 |
| LOW Lowe's Cos Inc. | Reduce -1.3% | 1.29% | −0.03 |
| BFRIX BlackRock II-Float Rat-Inst | Sold out | 0.00% | −0.03 |
| CFR Cullen/Frost Bankers Inc. | Sold out | 0.00% | −0.03 |
| SWKS Skyworks Solutions Inc. | Sold out | 0.00% | −0.03 |
| EQIX Equinix Inc. | Sold out | 0.00% | −0.02 |
| RF Regions Financial Corp. | Sold out | 0.00% | −0.02 |
| MRP Millrose Properties | Reduce -21.7% | 0.08% | −0.02 |
| DIS The Walt Disney Co. | Reduce -8.7% | 0.10% | −0.02 |
| NXPI NXP Semiconductors NV | Reduce -12.3% | 0.09% | −0.02 |
| CVS CVS Health Corp. | Reduce -51.4% | 0.04% | −0.01 |
| TFC Truist Financial Corp. | Reduce -17.7% | 0.05% | −0.01 |
| MCO Moody's Corp. | Reduce -4.2% | 0.95% | −0.01 |
| MMM 3M Co. | Reduce -31.8% | 0.04% | −0.01 |
| BLK BlackRock Inc. | Reduce -3.7% | 0.10% | −0.01 |
| VLTO Veralto Corp. | Reduce -8.3% | 0.08% | −0.01 |
| PH Parker Hannifin Corp. | Reduce -1.3% | 0.64% | −0.01 |
| LDOS Leidos Holdings Inc. | Reduce -0.1% | 0.28% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| LRCX Lam Research Corp. | Add +262.2% | 1.17% | +0.86 |
| CVX Chevron Corp. | Add +0.1% | 1.13% | +0.20 |
| XOM Exxon Mobil Corp. | Add +0.2% | 1.37% | +0.19 |
| PG The Procter & Gamble Co. | Add +4.5% | 1.61% | +0.17 |
| UNH Unitedhealth Group Inc. | Add +1.5% | 1.73% | +0.16 |
| ICE Intercontinental Exchange Inc. | Add +2.7% | 0.77% | +0.15 |
| ABT Abbott Laboratories | Add +0.7% | 0.68% | +0.13 |
| AMGN Amgen Inc. | Add +3.2% | 0.49% | +0.11 |
| PEP Pepsico Inc. | Add +1.7% | 1.66% | +0.08 |
| EPD Enterprise Products Partners | Add +1.2% | 0.54% | +0.07 |
| MO Altria Group Inc. | New | 0.06% | +0.06 |
| BMY Bristol-Myers Squibb Co. | Add +15.2% | 0.25% | +0.06 |
| TRV The Travelers Cos Inc. | Add +3.3% | 0.34% | +0.05 |
| UNP Union Pacific Corp. | Add +0.6% | 0.57% | +0.05 |
| META Meta Platforms Inc. Class A | Add +0.4% | 1.26% | +0.04 |
| WFC Wells Fargo & Co. | Add +8.6% | 0.31% | +0.04 |
| NEE Nextera Energy Inc. | Add +3.1% | 0.67% | +0.04 |
| CSCO Cisco Systems Inc. | Add +2.1% | 0.41% | +0.04 |
| OKE Oneok Inc. | Add +0.9% | 0.96% | +0.04 |
| DUK Duke Energy Corp. | Add +3.3% | 0.17% | +0.03 |
| BCGIX Brndywnglbl Corp. CRDT-I | New | 0.03% | +0.03 |
| APH Amphenol Corp. Class A | New | 0.03% | +0.03 |
| PNC PNC Financial Services Group | Add +15.7% | 0.29% | +0.03 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.03% | +0.03 |
| PGDIX Principal Mult-Sect Incm-Ins | New | 0.03% | +0.03 |
| FRIAX Franklin Income Fund-Adv | New | 0.03% | +0.03 |
| VTABX Vanguard TTL Intl BND-Adm | New | 0.02% | +0.02 |
| LBNYX Lord Abbett BND Debentur-I | New | 0.02% | +0.02 |
| ORNYX Invesco RCH Muni Opp-Y | New | 0.02% | +0.02 |
| EMA Emera Inc. | New | 0.02% | +0.02 |
| NPSRX Nuveen Preferred Securit-I | New | 0.02% | +0.02 |
| CSHZX Nylim Cushing MLP Prem-I | New | 0.02% | +0.02 |
| TGEIX TCW Emerging Markets Inc. Class I | New | 0.02% | +0.02 |
| GE General Electric | Add +11.4% | 0.07% | +0.02 |
| NHMRX Nuveen High YLD Muni BND-I | New | 0.02% | +0.02 |
| T AT&T Inc. | Add +3.3% | 0.07% | +0.02 |
| VFIDX Vanguard I/T Invest GRD-Adm | New | 0.02% | +0.02 |
| NVHIX Nuveen Short Dur H/Y Muni-I | New | 0.02% | +0.02 |
| NSC Norfolk Southern Corp. | Add +0.6% | 0.22% | +0.01 |
| ITW Illinois Tool Works | Add +17.3% | 0.07% | +0.01 |
| SO The Southern Co. | Add +2.2% | 0.07% | +0.01 |
| FANG Diamondback Energy Inc. | Add +1.1% | 0.16% | +0.01 |
| BAC Bank of America Corp. | Add +1.5% | 0.35% | +0.00 |
| GEV GE Vernova Inc. | Add +11.5% | 0.03% | +0.00 |
| WMFFX Amer FND Wash Mut Inv-F2 | Add +0.4% | 0.03% | +0.00 |
| VWENX Vanguard Wellington-Adm | Add +0.1% | 0.06% | +0.00 |
| ABALX American Balanced Fund-A | Add +0.3% | 0.03% | +0.00 |
| VPALX Vanguard Pa Long TRM T/E-Adm | Add +0.2% | 0.03% | +0.00 |
| CAT Caterpillar Inc. | Add +4.9% | 0.16% | +0.00 |
| VSIAX VNGD Mrgst SML-CP VL Idx-Adm | Add +0.0% | 0.03% | −0.00 |
Notes & Other Activity Q4 2024 → Q1 2025
| GOLDMAN SACHS GROUP INC (GS F PERP A) | COM | Reduce -3.3% | 192,193 | $4.3M |
| US BANCORP (USB F PERP B*) | COM | Reduce -3.1% | 141,633 | $3.1M |
| METLIFE INC (MET F PERP A) | Bond | Reduce -0.5% | 113,262 | $2.7M |
| BANK OF AMERICA CORP (BAC F PERP 02) | COM | Reduce -0.2% | 104,180 | $2.3M |
| BANK OF AMERICA CORP (BAC F PERP 01) | Preferred Stock | Add +7.1% | 30,100 | $667K |
| GOLDMAN SACHS GROUP INC (GS F PERP D) | Preferred Stock | Reduce -0.9% | 26,850 | $593K |
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 | 222 | $1.1B | GOOG, AAPL, MSFT, AVGO, LRCX |
| Q1 2026 | 221 | $1.0B | AAPL, GOOG, MSFT, AVGO, JPM |
| Q4 2025 | 182 | $979.0M | MSFT, GOOG, AAPL, AVGO, JPM |
| Q3 2025 | 187 | $988.2M | MSFT, AAPL, GOOG, AVGO, ORCL |
| Q2 2025 | 184 | $917.3M | MSFT, AAPL, AVGO, ORCL, JPM |
| Q1 2025 | 191 | $880.5M | MSFT, AAPL, JPM, GOOG, ORCL |
| Q4 2024 | 186 | $924.0M | MSFT, AAPL, GOOG, AVGO, ORCL |
| Q3 2024 | 188 | $948.3M | MSFT, AAPL, GOOG, ORCL, JPM |
| Q2 2024 | 178 | $884.3M | MSFT, AAPL, GOOG, ORCL, JPM |
| Q1 2024 | 191 | $965.7M | MSFT, AAPL, GOOG, JPM, ORCL |