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

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 Q1 2025 Q2 2025: $917.3M Q2 2025 Q3 2025: $988.2M $988.2M Q3 2025 Q4 2025: $979.0M Q4 2025 Q1 2026: $1.0B Q1 2026 Q2 2026: $1.1B Q2 2026

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%
MPC Marathon Petroleum Corp. 0.11% 5,778 $1.1M Reduce -0.0%
UNH Unitedhealth Group Inc. 0.11% 3,096 $1.1M Reduce -86.8%
BLK BlackRock Inc. 0.11% 911 $1.1M No change
UL Unilever PLC 0.10% 17,495 $1.0M Add +1.2%
NXPI NXP Semiconductors NV 0.10% 4,390 $1000K Add +4.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.10% 8,528 $976K Reduce -2.6%
GS Goldman Sachs Group Inc. 0.10% 1,225 $976K No change
NI Nisource Inc. 0.09% 21,132 $915K Add +1.1%
VZ Verizon Communications Inc. 0.09% 20,664 $908K Add +1.1%
EMR Emerson Electric Co. 0.09% 6,868 $901K No change
AMTM Amentum Holdings Inc. 0.09% 37,204 $891K Add +3.2%
FDX FedEx Corp. 0.09% 3,717 $877K Reduce -40.5%
MRP Millrose Properties 0.08% 23,780 $799K Reduce -1.4%
WELL Welltower Inc. 0.08% 4,425 $788K No change
CI The Cigna Group 0.08% 2,727 $786K No change
PRU Prudential Financial Inc. 0.08% 7,449 $773K Reduce -2.6%
BRK.A Berkshire Hathaway Inc. Class A 0.08% 1 $754K No change
AMAT Applied Materials Inc. 0.07% 3,618 $741K Reduce -15.2%
GEV GE Vernova Inc. 0.07% 1,184 $728K Add +69.4%
MKC McCormick & Co.-Non VTG SHRS 0.07% 10,411 $697K Reduce -5.9%
CARR Carrier Global Corp. 0.07% 11,534 $689K Reduce -4.8%
ADBE Adobe Inc. 0.07% 1,865 $658K Reduce -84.1%
ITW Illinois Tool Works 0.07% 2,514 $656K No change
T AT&T Inc. 0.06% 22,498 $635K Add +5.6%
MO Altria Group Inc. 0.06% 9,434 $623K No change
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 0.06% 7,614 $608K No change
PLD Prologis Inc. 0.06% 5,195 $595K Reduce -5.3%
COP Conocophillips 0.06% 6,277 $594K No change
USBLX Victory GRWT & Tax Strategy 0.06% 19,735 $584K No change
VWENX Vanguard Wellington-Adm filed as VAN WELLINGTON ADM #571 0.06% 7,067 $581K No change
ROP Roper Technologies Inc. 0.06% 1,140 $569K Add +4.6%
AEP American Electric Power 0.06% 4,975 $560K No change
KMB Kimberly-Clark Corp. 0.05% 4,354 $541K Reduce -0.0%
VLTO Veralto Corp. 0.05% 4,965 $529K Reduce -15.7%
TFC Truist Financial Corp. 0.05% 11,290 $516K Reduce -2.6%
HSY The Hershey Co. 0.05% 2,700 $505K No change
TXN Texas Instruments Inc. 0.05% 2,704 $497K No change
CB Chubb Ltd. 0.05% 1,735 $490K No change
PPG PPG Industries Inc. 0.05% 4,400 $462K No change
SBUX Starbucks Corp. 0.05% 5,355 $453K No change
BX Blackstone Inc. 0.05% 2,609 $446K Add +23.7%
UBER Uber Technologies Inc. 0.04% 4,500 $441K No change
CMCSA Comcast Corp. Class A 0.04% 13,671 $430K Reduce -9.1%
GL Globe Life Inc. 0.04% 3,000 $429K No change
AEM Agnico Eagle Mines Ltd. 0.04% 2,500 $421K No change
TD Toronto-Dominion Bank 0.04% 5,065 $405K No change
DOV Dover Corp. 0.04% 2,367 $395K No change
MRSH Marsh & McLennan Cos 0.04% 1,923 $388K Reduce -9.4%
SWPPX Schwab S&P 500 Index-Sel 0.04% 21,731 $375K No change
AGI Alamos Gold Inc. Class A 0.04% 10,000 $349K No change
MMM 3M Co. 0.04% 2,243 $348K Add +4.7%
WMFFX Amer FND Wash Mut Inv-F2 filed as AMERICAN FUNDS WASHINGTON MUTUAL F2 0.03% 4,977 $333K Add +0.3%
ABALX American Balanced Fund-A 0.03% 8,413 $325K Add +0.3%
ASML ASML Holding NV-NY Reg SHS 0.03% 327 $317K Reduce -7.1%
CHD Church & Dwight Co. Inc. 0.03% 3,600 $315K No change
VWUAX Vanguard US Growth Fund-Adm 0.03% 1,448 $311K No change
PHYS Sprott Physical Gold Trust 0.03% 10,000 $296K No change
FRDAX Franklin Rising Dividend-Adv 0.03% 2,933 $289K Add +0.3%
BSX Boston Scientific Corp. 0.03% 2,950 $288K New
OTIS Otis Worldwide Corp. 0.03% 3,071 $281K Reduce -8.2%
IP International Paper Co. 0.03% 5,825 $270K No change
PPL PPL Corp. 0.03% 7,264 $270K No change
MKC.V McCormick & Co. Inc. VTG Com 0.03% 4,000 $267K No change
SDZNY Sandoz Group AG-ADR 0.03% 4,352 $258K Reduce -2.0%
STT State Street Corp. 0.03% 2,200 $255K No change
ZETA Zeta Global Holdings Corp. Class A 0.03% 12,600 $250K No change
VSIAX VNGD Mrgst SML-CP VL Idx-Adm 0.03% 2,762 $248K Add +0.0%
BA The Boeing Co. 0.02% 1,133 $245K New
FNCFX Franklin Income Fund-R6 0.02% 98,774 $244K No change
CVS CVS Health Corp. 0.02% 3,152 $238K Reduce -42.2%
STZ Constellation Brands Inc. Class A 0.02% 1,750 $236K Reduce -80.9%
TSCO Tractor Supply Company 0.02% 4,125 $235K No change
FXAIX Fidelity 500 Index Fund 0.02% 1,007 $235K Add +0.3%
RF Regions Financial Corp. 0.02% 8,809 $232K No change
EMA Emera Inc. 0.02% 4,771 $229K No change
VFWAX Vanguard Ftse Aw Ex-US-Adm 0.02% 4,980 $221K Add +0.5%
DLR Digital Realty Trust Inc. 0.02% 1,275 $220K New
CWGIX Af Cap WLRD GR & Inc. Class A filed as AMERICAN FUNDS CAPITAL WORLD GR&INC A 0.02% 2,874 $216K Add +0.2%
VWLUX Vanguard L/T Tax Exmpt-Adm 0.02% 19,990 $215K No change
D Dominion Energy Inc. 0.02% 3,504 $214K New
VTABX Vanguard TTL Intl BND-Adm 0.02% 10,859 $214K Add +0.7%
CEG Constellation Energy 0.02% 626 $206K New
TSM Taiwan Semiconductor-SP ADR 0.02% 725 $202K New
VPALX Vanguard Pa Long TRM T/E-Adm 0.02% 16,815 $180K No change
FSK FS KKR Capital Corp. 0.02% 11,124 $166K No change
VFIDX Vanguard I/T Invest GRD-Adm 0.02% 17,808 $159K Add +1.3%
ARCO Arcos Dorados Holdings Inc. Class A 0.01% 11,068 $75K New
Other holdings (7): bonds, preferreds, convertibles and warrants · $13.1M (not counted above)
SecurityClassShares / PrincipalValueChange
GOLDMAN SACHS GROUP INC (GS F PERP A) COM 189,169$4.0MAdd +2.5%
US BANCORP (USB F PERP B*) COM 141,616$2.8MAdd +0.7%
METLIFE INC (MET F PERP A) Bond 107,119$2.6MAdd +1.9%
BANK OF AMERICA CORP (BAC F PERP 02) COM 95,884$2.0MAdd +2.0%
MORGAN STANLEY (MS F PERP +A) COM 36,795$788KNo change
BANK OF AMERICA CORP (BAC F PERP 01) Preferred Stock 26,600$547KReduce -11.6%
GOLDMAN SACHS GROUP INC (GS F PERP D) Preferred Stock 23,850$498KNo 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

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