Tower Bridge Advisors
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Tower Bridge Advisors reported 187 stock positions worth $988.2 million. Its top holding was Microsoft (MSFT) at 7.9% of the portfolio, followed by Apple (AAPL, 5.6%) and Alphabet Class C (GOOG, 4.8%). Compared with Q2 2025, it opened 8 new positions, sold out of 5, added to 42 and reduced 88. The biggest buy was Intercontinental Exchange (ICE, shares +79%) and the biggest sale Unitedhealth (UNH, shares −87%).
- Most Recent 13F
- Q2 2026
- Location
- WEST CONSHOHOCKEN, PA
- CIK
- 0001278249
- Portfolio Value
- $988.2M (Q3 2025)
- SEC Filing
- 0001278249-25-000010 ↗ filed Nov 12, 2025
Holdings Value
Holdings 187 stocks · $988.2M
| MSFT Microsoft Corp. | 7.88% | 150,273 | $77.8M | Reduce -1.6% |
| AAPL Apple Inc. | 5.64% | 218,817 | $55.7M | Reduce -1.8% |
| GOOG Alphabet Inc. Class C | 4.79% | 194,352 | $47.3M | Reduce -0.7% |
| AVGO Broadcom Inc. | 4.65% | 139,392 | $46.0M | Reduce -0.4% |
| ORCL Oracle Corp. | 4.61% | 161,998 | $45.6M | Reduce -7.8% |
| JPM JPMorgan Chase & Co. | 4.04% | 126,432 | $39.9M | Reduce -0.3% |
| V Visa Inc. Class A | 2.09% | 60,561 | $20.7M | Reduce -3.2% |
| MCD McDonald's Corp. | 2.06% | 67,116 | $20.4M | Add +0.1% |
| LRCX Lam Research Corp. | 1.86% | 137,057 | $18.4M | Reduce -1.1% |
| J Jacobs Solutions Inc. | 1.86% | 122,418 | $18.3M | Add +0.2% |
| RTX RTX Corp. | 1.79% | 105,746 | $17.7M | Reduce -0.8% |
| JNJ Johnson & Johnson | 1.73% | 92,048 | $17.1M | Reduce -0.3% |
| ACN Accenture PLC Class A | 1.52% | 60,766 | $15.0M | Reduce -1.5% |
| META Meta Platforms Inc. Class A | 1.46% | 19,684 | $14.5M | Add +0.9% |
| GOOGL Alphabet Inc. Class A | 1.37% | 55,738 | $13.5M | Reduce -5.0% |
| ETN Eaton Corp. PLC | 1.37% | 36,181 | $13.5M | Reduce -0.5% |
| ICE Intercontinental Exchange Inc. | 1.32% | 77,603 | $13.1M | Add +78.7% |
| IQV Iqvia Holdings Inc. | 1.31% | 68,298 | $13.0M | Reduce -0.3% |
| TMO Thermo Fisher Scientific Inc. | 1.30% | 26,405 | $12.8M | Reduce -0.5% |
| AON Aon PLC Class A | 1.27% | 35,282 | $12.6M | Reduce -13.1% |
| TMUS T-Mobile US Inc. | 1.26% | 51,870 | $12.4M | Reduce -2.8% |
| PG The Procter & Gamble Co. | 1.25% | 80,711 | $12.4M | Reduce -0.3% |
| PEP Pepsico Inc. | 1.25% | 88,186 | $12.4M | Reduce -3.6% |
| LOW Lowe's Cos Inc. | 1.19% | 46,702 | $11.7M | Reduce -0.1% |
| SCHW Schwab (charles) Corp. | 1.17% | 121,243 | $11.6M | Reduce -2.3% |
| XOM Exxon Mobil Corp. | 1.14% | 99,628 | $11.2M | Add +0.3% |
| TOL Toll Brothers Inc. | 1.11% | 79,262 | $10.9M | Add +0.1% |
| AMZN Amazon.com Inc. | 1.10% | 49,681 | $10.9M | Add +0.6% |
| KO The Coca-Cola Co. | 1.02% | 151,753 | $10.1M | Add +0.4% |
| COST Costco Wholesale Corp. | 1.00% | 10,654 | $9.9M | Add +9.8% |
| BRO Brown & Brown Inc. | 1.00% | 105,138 | $9.9M | Add +130.1% |
| NVS Novartis AG-Sponsored ADR | 0.95% | 73,338 | $9.4M | Reduce -1.4% |
| ABBV Abbvie Inc. | 0.94% | 40,105 | $9.3M | Reduce -0.0% |
| NVDA Nvidia Corp. | 0.90% | 47,675 | $8.9M | Add +0.9% |
| DHR Danaher Corp. | 0.90% | 44,828 | $8.9M | Reduce -1.9% |
| CVX Chevron Corp. | 0.90% | 57,061 | $8.9M | Reduce -1.4% |
| HD Home Depot Inc. | 0.85% | 20,721 | $8.4M | Reduce -1.2% |
| BDX Becton Dickinson and Co. | 0.81% | 42,813 | $8.0M | Reduce -4.0% |
| MCO Moody's Corp. | 0.81% | 16,697 | $8.0M | Reduce -2.7% |
| LEN Lennar Corp. Class A | 0.75% | 58,425 | $7.4M | Reduce -1.3% |
| PH Parker Hannifin Corp. | 0.73% | 9,561 | $7.2M | Reduce -0.1% |
| NEE Nextera Energy Inc. | 0.73% | 95,309 | $7.2M | Reduce -1.5% |
| CME Cme Group Inc. | 0.70% | 25,620 | $6.9M | Reduce -0.8% |
| LHX L3HARRIS Technologies Inc. | 0.67% | 21,683 | $6.6M | No change |
| WMT Walmart Inc. | 0.67% | 63,825 | $6.6M | Reduce -0.2% |
| OKE Oneok Inc. | 0.66% | 89,386 | $6.5M | Reduce -1.4% |
| WSO Watsco Inc. | 0.65% | 15,870 | $6.4M | Reduce -1.1% |
| HON Honeywell International Inc. | 0.65% | 30,378 | $6.4M | Add +0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.63% | 12,426 | $6.2M | Reduce -8.8% |
| ABT Abbott Laboratories | 0.63% | 46,528 | $6.2M | Reduce -0.1% |
| AXP American Express Co. | 0.54% | 16,054 | $5.3M | Reduce -3.9% |
| LIN Linde PLC | 0.53% | 11,109 | $5.3M | Add +449.7% |
| LLY Eli Lilly & Co. | 0.52% | 6,746 | $5.1M | Reduce -1.1% |
| ADI Analog Devices Inc. | 0.51% | 20,619 | $5.1M | Add +0.5% |
| UNP Union Pacific Corp. | 0.49% | 20,612 | $4.9M | Reduce -3.2% |
| WM Waste Management Inc. | 0.47% | 20,938 | $4.6M | Reduce -0.0% |
| EPD Enterprise Products Partners | 0.42% | 134,135 | $4.2M | Reduce -2.4% |
| SPGI S&P Global Inc. | 0.42% | 8,614 | $4.2M | Reduce -0.5% |
| AMGN Amgen Inc. | 0.42% | 14,782 | $4.2M | Reduce -0.0% |
| MDLZ Mondelez International Inc. Class A | 0.40% | 63,624 | $4.0M | Reduce -1.8% |
| CSCO Cisco Systems Inc. | 0.40% | 57,852 | $4.0M | Reduce 0.0% |
| APD Air Products & Chemicals Inc. | 0.39% | 14,237 | $3.9M | Reduce -0.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.39% | 74,178 | $3.8M | Add +0.9% |
| MDT Medtronic PLC | 0.38% | 39,688 | $3.8M | Reduce -3.2% |
| TRV The Travelers Cos Inc. | 0.38% | 13,461 | $3.8M | Add +2.3% |
| TPL Texas Pacific Land Corp. | 0.37% | 3,944 | $3.7M | Reduce -7.6% |
| AMP Ameriprise Financial Inc. | 0.37% | 7,449 | $3.7M | No change |
| DE Deere & Co. | 0.36% | 7,884 | $3.6M | Reduce -3.3% |
| WFC Wells Fargo & Co. | 0.36% | 42,676 | $3.6M | Add +9.8% |
| LMT Lockheed Martin Corp. | 0.35% | 6,894 | $3.4M | Add +0.4% |
| LDOS Leidos Holdings Inc. | 0.35% | 18,136 | $3.4M | Reduce -0.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.34% | 12,048 | $3.4M | Reduce -1.3% |
| ENB Enbridge Inc. | 0.32% | 62,504 | $3.2M | Add +2.0% |
| MRK Merck & Co. Inc. | 0.31% | 35,983 | $3.0M | Reduce -8.4% |
| PNC PNC Financial Services Group | 0.30% | 14,812 | $3.0M | Reduce -0.0% |
| DUK Duke Energy Corp. | 0.29% | 23,452 | $2.9M | Add +49.4% |
| CSX CSX Corp. | 0.28% | 78,331 | $2.8M | No change |
| UPS United Parcel Service Class B | 0.26% | 31,311 | $2.6M | Reduce -4.7% |
| QCOM Qualcomm Inc. | 0.26% | 15,467 | $2.6M | Reduce -0.6% |
| NSC Norfolk Southern Corp. | 0.25% | 8,338 | $2.5M | Reduce -0.0% |
| RHHBY Roche Holdings Ltd.-Spons ADR | 0.24% | 59,239 | $2.4M | Reduce -4.0% |
| SPG Simon Property Group Inc. | 0.24% | 12,650 | $2.4M | Add +1.6% |
| CDW CDW Corp. | 0.23% | 13,972 | $2.2M | Reduce -12.7% |
| CAT Caterpillar Inc. | 0.19% | 4,000 | $1.9M | No change |
| CL Colgate-Palmolive Co. | 0.19% | 22,987 | $1.8M | Reduce -1.7% |
| AFL Aflac Inc. | 0.18% | 15,722 | $1.8M | Reduce -3.3% |
| TT Trane Technologies PLC | 0.18% | 4,158 | $1.8M | No change |
| RJF Raymond James Financial Inc. | 0.17% | 9,559 | $1.6M | Reduce -1.5% |
| ADP Automatic Data Processing | 0.16% | 5,454 | $1.6M | Reduce -2.7% |
| PM Philip Morris International | 0.16% | 9,714 | $1.6M | New |
| NFLX Netflix Inc. | 0.16% | 1,289 | $1.5M | No change |
| VMC Vulcan Materials Co. | 0.15% | 4,936 | $1.5M | No change |
| BMY Bristol-Myers Squibb Co. | 0.15% | 33,248 | $1.5M | Reduce -3.3% |
| PFE Pfizer Inc. | 0.14% | 56,100 | $1.4M | Reduce -1.4% |
| PSX Phillips 66 | 0.14% | 10,248 | $1.4M | Reduce -0.0% |
| GE General Electric filed as GE AEROSPACE | 0.14% | 4,568 | $1.4M | Add +65.0% |
| ALL Allstate Corp. | 0.14% | 6,253 | $1.3M | No change |
| FANG Diamondback Energy Inc. | 0.13% | 8,965 | $1.3M | Reduce -6.7% |
| APH Amphenol Corp. Class A | 0.12% | 9,825 | $1.2M | No change |
| SO The Southern Co. | 0.12% | 12,044 | $1.1M | Add +2.5% |
Other holdings (7): bonds, preferreds, convertibles and warrants · $13.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| GOLDMAN SACHS GROUP INC (GS F PERP A) | COM | 189,169 | $4.0M | Add +2.5% |
| US BANCORP (USB F PERP B*) | COM | 141,616 | $2.8M | Add +0.7% |
| METLIFE INC (MET F PERP A) | Bond | 107,119 | $2.6M | Add +1.9% |
| BANK OF AMERICA CORP (BAC F PERP 02) | COM | 95,884 | $2.0M | Add +2.0% |
| MORGAN STANLEY (MS F PERP +A) | COM | 36,795 | $788K | No change |
| BANK OF AMERICA CORP (BAC F PERP 01) | Preferred Stock | 26,600 | $547K | Reduce -11.6% |
| GOLDMAN SACHS GROUP INC (GS F PERP D) | Preferred Stock | 23,850 | $498K | No change |
Total filed on the 13F, all lines: $1.0B.
Portfolio Sells Q2 2025 → Q3 2025
| UNH Unitedhealth Group Inc. | Reduce -86.8% | 0.11% | −0.69 |
| ACN Accenture PLC Class A | Reduce -1.5% | 1.52% | −0.49 |
| ADBE Adobe Inc. | Reduce -84.1% | 0.07% | −0.43 |
| MSFT Microsoft Corp. | Reduce -1.6% | 7.88% | −0.41 |
| V Visa Inc. Class A | Reduce -3.2% | 2.09% | −0.33 |
| AON Aon PLC Class A | Reduce -13.1% | 1.27% | −0.31 |
| PG The Procter & Gamble Co. | Reduce -0.3% | 1.25% | −0.15 |
| OKE Oneok Inc. | Reduce -1.4% | 0.66% | −0.15 |
| STZ Constellation Brands Inc. Class A | Reduce -80.9% | 0.02% | −0.14 |
| MCO Moody's Corp. | Reduce -2.7% | 0.81% | −0.13 |
| TMUS T-Mobile US Inc. | Reduce -2.8% | 1.26% | −0.13 |
| WSO Watsco Inc. | Reduce -1.1% | 0.65% | −0.12 |
| TPL Texas Pacific Land Corp. | Reduce -7.6% | 0.37% | −0.12 |
| UPS United Parcel Service Class B | Reduce -4.7% | 0.26% | −0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -8.8% | 0.63% | −0.09 |
| DE Deere & Co. | Reduce -3.3% | 0.36% | −0.09 |
| CDW CDW Corp. | Reduce -12.7% | 0.23% | −0.09 |
| DHR Danaher Corp. | Reduce -1.9% | 0.90% | −0.08 |
| CME Cme Group Inc. | Reduce -0.8% | 0.70% | −0.08 |
| MDLZ Mondelez International Inc. Class A | Reduce -1.8% | 0.40% | −0.07 |
| SPGI S&P Global Inc. | Reduce -0.5% | 0.42% | −0.07 |
| FDX FedEx Corp. | Reduce -40.5% | 0.09% | −0.07 |
| PEP Pepsico Inc. | Reduce -3.6% | 1.25% | −0.06 |
| SCHW Schwab (charles) Corp. | Reduce -2.3% | 1.17% | −0.06 |
| ABT Abbott Laboratories | Reduce -0.1% | 0.63% | −0.06 |
| LLY Eli Lilly & Co. | Reduce -1.1% | 0.52% | −0.06 |
| WM Waste Management Inc. | Reduce -0.0% | 0.47% | −0.05 |
| FNF Fidelity National Financial | Sold out | 0.00% | −0.05 |
| IBM Intl Business Machines Corp. | Reduce -1.3% | 0.34% | −0.05 |
| CL Colgate-Palmolive Co. | Reduce -1.7% | 0.19% | −0.05 |
| ETN Eaton Corp. PLC | Reduce -0.5% | 1.37% | −0.04 |
| APD Air Products & Chemicals Inc. | Reduce -0.0% | 0.39% | −0.04 |
| AXP American Express Co. | Reduce -3.9% | 0.54% | −0.04 |
| UNP Union Pacific Corp. | Reduce -3.2% | 0.49% | −0.04 |
| EPD Enterprise Products Partners | Reduce -2.4% | 0.42% | −0.04 |
| CSCO Cisco Systems Inc. | Reduce 0.0% | 0.40% | −0.04 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.04 |
| DRI Darden Restaurants Inc. | Sold out | 0.00% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -8.4% | 0.31% | −0.03 |
| NVS Novartis AG-Sponsored ADR | Reduce -1.4% | 0.95% | −0.03 |
| RHHBY Roche Holdings Ltd.-Spons ADR | Reduce -4.0% | 0.24% | −0.03 |
| AMGN Amgen Inc. | Reduce -0.0% | 0.42% | −0.03 |
| CARR Carrier Global Corp. | Reduce -4.8% | 0.07% | −0.03 |
| ADP Automatic Data Processing | Reduce -2.7% | 0.16% | −0.03 |
| BDX Becton Dickinson and Co. | Reduce -4.0% | 0.81% | −0.03 |
| FMC FMC Corp. | Sold out | 0.00% | −0.02 |
| FDS Factset Research Systems Inc. | Sold out | 0.00% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -3.3% | 0.15% | −0.02 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -5.9% | 0.07% | −0.02 |
| DIS The Walt Disney Co. | Reduce -2.6% | 0.10% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| ICE Intercontinental Exchange Inc. | Add +78.7% | 1.32% | +0.45 |
| BRO Brown & Brown Inc. | Add +130.1% | 1.00% | +0.45 |
| LIN Linde PLC | Add +449.7% | 0.53% | +0.43 |
| PM Philip Morris International | New | 0.16% | +0.16 |
| TOL Toll Brothers Inc. | Add +0.1% | 1.11% | +0.12 |
| J Jacobs Solutions Inc. | Add +0.2% | 1.86% | +0.11 |
| DUK Duke Energy Corp. | Add +49.4% | 0.29% | +0.09 |
| NVDA Nvidia Corp. | Add +0.9% | 0.90% | +0.09 |
| GE General Electric | Add +65.0% | 0.14% | +0.06 |
| GEV GE Vernova Inc. | Add +69.4% | 0.07% | +0.03 |
| BSX Boston Scientific Corp. | New | 0.03% | +0.03 |
| BA The Boeing Co. | New | 0.02% | +0.02 |
| WFC Wells Fargo & Co. | Add +9.8% | 0.36% | +0.02 |
| DLR Digital Realty Trust Inc. | New | 0.02% | +0.02 |
| SPG Simon Property Group Inc. | Add +1.6% | 0.24% | +0.02 |
| D Dominion Energy Inc. | New | 0.02% | +0.02 |
| CEG Constellation Energy | New | 0.02% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.02% | +0.02 |
| ENB Enbridge Inc. | Add +2.0% | 0.32% | +0.02 |
| BX Blackstone Inc. | Add +23.7% | 0.05% | +0.01 |
| BAC Bank of America Corp. | Add +0.9% | 0.39% | +0.01 |
| ARCO Arcos Dorados Holdings Inc. Class A | New | 0.01% | +0.01 |
| LMT Lockheed Martin Corp. | Add +0.4% | 0.35% | +0.00 |
| NXPI NXP Semiconductors NV | Add +4.2% | 0.10% | +0.00 |
| NI Nisource Inc. | Add +1.1% | 0.09% | +0.00 |
| FXAIX Fidelity 500 Index Fund | Add +0.3% | 0.02% | +0.00 |
| VSIAX VNGD Mrgst SML-CP VL Idx-Adm | Add +0.0% | 0.03% | −0.00 |
| VFWAX Vanguard Ftse Aw Ex-US-Adm | Add +0.5% | 0.02% | −0.00 |
| MMM 3M Co. | Add +4.7% | 0.04% | −0.00 |
| CWGIX Af Cap WLRD GR & Inc. Class A | Add +0.2% | 0.02% | −0.00 |
| ABALX American Balanced Fund-A | Add +0.3% | 0.03% | −0.00 |
| FRDAX Franklin Rising Dividend-Adv | Add +0.3% | 0.03% | −0.00 |
| VFIDX Vanguard I/T Invest GRD-Adm | Add +1.3% | 0.02% | −0.00 |
| WMFFX Amer FND Wash Mut Inv-F2 | Add +0.3% | 0.03% | −0.00 |
| VTABX Vanguard TTL Intl BND-Adm | Add +0.7% | 0.02% | −0.00 |
| SO The Southern Co. | Add +2.5% | 0.12% | −0.00 |
| AMTM Amentum Holdings Inc. | Add +3.2% | 0.09% | −0.00 |
| T AT&T Inc. | Add +5.6% | 0.06% | −0.00 |
| TRV The Travelers Cos Inc. | Add +2.3% | 0.38% | −0.00 |
| VZ Verizon Communications Inc. | Add +1.1% | 0.09% | −0.00 |
| ROP Roper Technologies Inc. | Add +4.6% | 0.06% | −0.01 |
| UL Unilever PLC | Add +1.2% | 0.10% | −0.01 |
| ADI Analog Devices Inc. | Add +0.5% | 0.51% | −0.02 |
| XOM Exxon Mobil Corp. | Add +0.3% | 1.14% | −0.03 |
| COST Costco Wholesale Corp. | Add +9.8% | 1.00% | −0.05 |
| MCD McDonald's Corp. | Add +0.1% | 2.06% | −0.07 |
| AMZN Amazon.com Inc. | Add +0.6% | 1.10% | −0.08 |
| META Meta Platforms Inc. Class A | Add +0.9% | 1.46% | −0.11 |
| HON Honeywell International Inc. | Add +0.3% | 0.65% | −0.12 |
| KO The Coca-Cola Co. | Add +0.4% | 1.02% | −0.15 |
Notes & Other Activity Q2 2025 → Q3 2025
| GOLDMAN SACHS GROUP INC (GS F PERP A) | COM | Add +2.5% | 189,169 | $4.0M |
| US BANCORP (USB F PERP B*) | COM | Add +0.7% | 141,616 | $2.8M |
| METLIFE INC (MET F PERP A) | Bond | Add +1.9% | 107,119 | $2.6M |
| BANK OF AMERICA CORP (BAC F PERP 02) | COM | Add +2.0% | 95,884 | $2.0M |
| BANK OF AMERICA CORP (BAC F PERP 01) | Preferred Stock | Reduce -11.6% | 26,600 | $547K |
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 |