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

0$500.0M$1.0B$1.5B Q1 2024: $965.7M Q1 2024 Q2 2024: $884.3M Q2 2024 Q3 2024: $948.3M Q3 2024 Q4 2024: $924.0M Q4 2024 Q1 2025: $880.5M $880.5M Q1 2025 Q2 2025: $917.3M Q2 2025 Q3 2025: $988.2M Q3 2025 Q4 2025: $979.0M Q4 2025 Q1 2026: $1.0B Q1 2026 Q2 2026: $1.1B Q2 2026

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
CI The Cigna Group 0.12% 3,227 $1.1M Reduce -10.0%
VZ Verizon Communications Inc. 0.12% 23,032 $1.0M Reduce -1.3%
MPC Marathon Petroleum Corp. 0.11% 6,780 $988K No change
PRU Prudential Financial Inc. 0.11% 8,450 $944K Reduce -2.3%
LIN Linde PLC 0.11% 2,021 $941K Reduce -9.4%
MKC McCormick & Co.-Non VTG SHRS 0.10% 11,061 $910K Reduce -55.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.10% 8,753 $864K Reduce -8.7%
BLK BlackRock Inc. 0.10% 911 $862K Reduce -3.7%
NXPI NXP Semiconductors NV 0.09% 4,215 $801K Reduce -12.3%
COP Conocophillips 0.09% 7,611 $799K No change
BRK.A Berkshire Hathaway Inc. Class A 0.09% 1 $798K No change
KMB Kimberly-Clark Corp. 0.09% 5,605 $797K Reduce -1.8%
CARR Carrier Global Corp. 0.09% 12,389 $785K No change
EMR Emerson Electric Co. 0.09% 6,868 $753K No change
WELL Welltower Inc. 0.08% 4,850 $743K No change
MRP Millrose Properties 0.08% 27,496 $729K Reduce -21.7%
AMTM Amentum Holdings Inc. 0.08% 38,888 $708K Reduce -58.5%
VLTO Veralto Corp. 0.08% 7,132 $695K Reduce -8.3%
GS Goldman Sachs Group Inc. 0.08% 1,225 $669K No change
ROP Roper Technologies Inc. 0.07% 1,090 $643K Reduce -5.6%
SO The Southern Co. 0.07% 6,894 $634K Add +2.2%
ITW Illinois Tool Works 0.07% 2,514 $623K Add +17.3%
CMCSA Comcast Corp. Class A 0.07% 16,799 $620K Reduce -59.6%
PLD Prologis Inc. 0.07% 5,485 $613K No change
T AT&T Inc. 0.07% 21,306 $603K Add +3.3%
GE General Electric filed as GE AEROSPACE 0.07% 2,930 $586K Add +11.4%
MO Altria Group Inc. 0.06% 9,434 $566K New
AEP American Electric Power 0.06% 4,975 $544K No change
USBLX Victory GRWT & Tax Strategy 0.06% 19,735 $534K No change
SBUX Starbucks Corp. 0.06% 5,355 $525K Reduce -0.7%
CB Chubb Ltd. 0.06% 1,735 $524K No change
MRSH Marsh & McLennan Cos 0.06% 2,123 $518K Reduce -0.3%
VWENX Vanguard Wellington-Adm filed as VAN WELLINGTON ADM #571 0.06% 7,067 $511K Add +0.1%
TXN Texas Instruments Inc. 0.06% 2,704 $486K No change
PPG PPG Industries Inc. 0.05% 4,400 $481K No change
TFC Truist Financial Corp. 0.05% 11,590 $477K Reduce -17.7%
HSY The Hershey Co. 0.05% 2,700 $462K No change
VWNAX Vanguard Windsor II-Adm 0.05% 5,850 $456K No change
DEO Diageo PLC-Sponsored ADR 0.05% 4,190 $439K Reduce -90.2%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM 0.05% 7,614 $429K No change
AMAT Applied Materials Inc. 0.05% 2,918 $423K Add +2.6%
DOV Dover Corp. 0.05% 2,367 $416K No change
CHD Church & Dwight Co. Inc. 0.04% 3,600 $396K No change
GL Globe Life Inc. 0.04% 3,000 $395K No change
CVS CVS Health Corp. 0.04% 5,452 $369K Reduce -51.4%
OTIS Otis Worldwide Corp. 0.04% 3,346 $345K No change
MKC.V McCormick & Co. Inc. VTG Com 0.04% 4,000 $328K No change
UBER Uber Technologies Inc. 0.04% 4,500 $328K No change
MMM 3M Co. 0.04% 2,143 $315K Reduce -31.8%
SWPPX Schwab S&P 500 Index-Sel 0.04% 3,622 $313K No change
DRI Darden Restaurants Inc. 0.04% 1,500 $312K No change
IP International Paper Co. 0.04% 5,825 $311K No change
TD Toronto-Dominion Bank 0.03% 5,065 $304K No change
BX Blackstone Inc. 0.03% 2,109 $295K No change
WMFFX Amer FND Wash Mut Inv-F2 filed as AMERICAN FUNDS WAS 0.03% 4,735 $291K Add +0.4%
ABALX American Balanced Fund-A 0.03% 8,318 $284K Add +0.3%
BCGIX Brndywnglbl Corp. CRDT-I filed as BRANDYWINE GLOBAL 0.03% 25,882 $272K New
APH Amphenol Corp. Class A 0.03% 4,000 $262K New
PPL PPL Corp. 0.03% 7,264 $262K Reduce -11.4%
FRDAX Franklin Rising Dividend-Adv 0.03% 2,916 $256K No change
D Dominion Energy Inc. 0.03% 4,504 $253K Reduce -0.2%
VWUAX Vanguard US Growth Fund-Adm 0.03% 1,448 $241K No change
FNCFX Franklin Income Fund-R6 0.03% 98,774 $234K No change
ASML ASML Holding NV-NY Reg SHS 0.03% 352 $233K New
FSK FS KKR Capital Corp. 0.03% 11,124 $233K No change
GIS General Mills Inc. 0.03% 3,850 $230K Reduce -11.1%
TSCO Tractor Supply Company 0.03% 4,125 $227K Reduce -10.8%
PGDIX Principal Mult-Sect Incm-Ins 0.03% 19,167 $226K New
VPALX Vanguard Pa Long TRM T/E-Adm 0.03% 20,938 $222K Add +0.2%
GEV GE Vernova Inc. 0.03% 727 $222K Add +11.5%
VSIAX VNGD Mrgst SML-CP VL Idx-Adm 0.03% 2,760 $221K Add +0.0%
FRIAX Franklin Income Fund-Adv 0.03% 93,371 $220K New
UDR Udr Inc. 0.02% 4,798 $217K No change
VWLUX Vanguard L/T Tax Exmpt-Adm 0.02% 19,990 $213K No change
VTABX Vanguard TTL Intl BND-Adm 0.02% 10,721 $209K New
STT State Street Corp. 0.02% 2,325 $208K Reduce -2.1%
FMC FMC Corp. 0.02% 4,916 $207K Reduce -2.6%
FDS Factset Research Systems Inc. 0.02% 450 $205K No change
LYB Lyondellbasell Indu Class A 0.02% 2,900 $204K No change
VPMAX Vanguard Primecap Fund-Adm 0.02% 1,228 $202K No change
LBNYX Lord Abbett BND Debentur-I filed as LIBERTY BROADBAND CORP CLASS A 0.02% 28,710 $202K New
ORNYX Invesco RCH Muni Opp-Y 0.02% 30,122 $202K New
EMA Emera Inc. 0.02% 4,771 $201K New
NPSRX Nuveen Preferred Securit-I 0.02% 12,276 $192K New
CSHZX Nylim Cushing MLP Prem-I filed as NEW YORK LIFE INVT 0.02% 13,844 $176K New
ZETA Zeta Global Holdings Corp. Class A 0.02% 12,600 $171K No change
TGEIX TCW Emerging Markets Inc. Class I 0.02% 25,904 $169K New
NHMRX Nuveen High YLD Muni BND-I 0.02% 10,882 $158K New
VFIDX Vanguard I/T Invest GRD-Adm 0.02% 17,365 $151K New
NVHIX Nuveen Short Dur H/Y Muni-I 0.02% 14,527 $139K New
FCISX Franklin Income Fund-C 0.00% 16,507 $40K No change
Other holdings (7): bonds, preferreds, convertibles and warrants · $14.5M (not counted above)
SecurityClassShares / PrincipalValueChange
GOLDMAN SACHS GROUP INC (GS F PERP A) COM 192,193$4.3MReduce -3.3%
US BANCORP (USB F PERP B*) COM 141,633$3.1MReduce -3.1%
METLIFE INC (MET F PERP A) Bond 113,262$2.7MReduce -0.5%
BANK OF AMERICA CORP (BAC F PERP 02) COM 104,180$2.3MReduce -0.2%
MORGAN STANLEY (MS F PERP +A) COM 38,795$885KNo change
BANK OF AMERICA CORP (BAC F PERP 01) Preferred Stock 30,100$667KAdd +7.1%
GOLDMAN SACHS GROUP INC (GS F PERP D) Preferred Stock 26,850$593KReduce -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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 222$1.1BGOOG, AAPL, MSFT, AVGO, LRCX
Q1 2026 221$1.0BAAPL, GOOG, MSFT, AVGO, JPM
Q4 2025 182$979.0MMSFT, GOOG, AAPL, AVGO, JPM
Q3 2025 187$988.2MMSFT, AAPL, GOOG, AVGO, ORCL
Q2 2025 184$917.3MMSFT, AAPL, AVGO, ORCL, JPM
Q1 2025 191$880.5MMSFT, AAPL, JPM, GOOG, ORCL
Q4 2024 186$924.0MMSFT, AAPL, GOOG, AVGO, ORCL
Q3 2024 188$948.3MMSFT, AAPL, GOOG, ORCL, JPM
Q2 2024 178$884.3MMSFT, AAPL, GOOG, ORCL, JPM
Q1 2024 191$965.7MMSFT, AAPL, GOOG, JPM, ORCL