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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F HOLDINGS REPORT

Bell Bank

Quarter ended Q2 2025 · Filed July 11, 2025 · Accession 0001062993-25-012735

Total Value
$2.15B
Positions
272
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (272)

#IssuerTicker / CUSIPSharesValue% of Filing
1ISHARES TR46432F8423,364,629$280.9M13.09%
2VANGUARD INDEX FDS922908736586,207$257.0M11.98%
3VANGUARD INDEX FDS9229087441,409,007$249.0M11.61%
4INVESCO QQQ TRIVZ357,584$197.3M9.20%
5VANGUARD INDEX FDS922908769346,034$105.2M4.90%
6VANGUARD INDEX FDS922908363176,670$100.4M4.68%
7VANGUARD WHITEHALL FDS921946406711,603$94.9M4.42%
8SPDR SERIES TRUST78464A5081,516,060$79.4M3.70%
9SPDR SERIES TRUST78468R523529,229$52.6M2.45%
10ISHARES TR464287226529,897$52.6M2.45%
11INVESCO EXCHANGE TRADED FD TIVZ285,981$52.0M2.42%
12SPDR SERIES TRUST78468R663442,248$40.6M1.89%
13NVIDIA CORPORATIONNVDA181,597$28.7M1.34%
14VANGUARD SCOTTSDALE FDS92206C771446,584$20.7M0.96%
15MICROSOFT CORPMSFT38,050$18.9M0.88%
16SPDR S&P 500 ETF TRSPY26,461$16.3M0.76%
17AMAZON COM INCAMZN65,145$14.3M0.67%
18APPLE INCAAPL69,294$14.2M0.66%
19META PLATFORMS INCMETA19,140$14.1M0.66%
20ABBVIE INCABBV70,627$13.1M0.61%
21INTERNATIONAL BUSINESS MACHSINTR43,915$12.9M0.60%
22UNITED PARCEL SERVICE INCUPS112,547$11.4M0.53%
23ARES CAPITAL CORPARCC501,150$11.0M0.51%
24VERIZON COMMUNICATIONS INCVZ247,954$10.7M0.50%
25CHEVRON CORP NEWCVX74,764$10.7M0.50%
26PFIZER INCPFE430,997$10.4M0.49%
27RIO TINTO PLCRTNTF177,217$10.3M0.48%
28CISCO SYS INCCSCO148,436$10.3M0.48%
29SEAGATE TECHNOLOGY HLDNGS PLSE71,125$10.3M0.48%
30EXXON MOBIL CORPXOM91,610$9.9M0.46%
31SOUTHERN COSOMN103,931$9.5M0.44%
32DUKE ENERGY CORP NEWDUKB78,061$9.2M0.43%
33ARCHER DANIELS MIDLAND COADM171,220$9.0M0.42%
34AT&T INCT-PC306,764$8.9M0.41%
35TC ENERGY CORPTRPRF181,814$8.9M0.41%
36PRUDENTIAL FINL INCPUKPF81,516$8.8M0.41%
37HUNTINGTON BANCSHARES INCHBANP520,237$8.7M0.41%
38KRAFT HEINZ COKHC331,516$8.6M0.40%
39PEPSICO INCPEP64,643$8.5M0.40%
40GILEAD SCIENCES INCGILD76,703$8.5M0.40%
41AMGEN INCAMGN29,987$8.4M0.39%
42US BANCORP DELUSB-PS175,257$7.9M0.37%
43ALPHABET INCGOOG43,624$7.7M0.36%
44KINDER MORGAN INC DELEP-PC252,428$7.4M0.35%
45CROWN CASTLE INCCCI70,928$7.3M0.34%
46GSK PLCGLAXF185,439$7.1M0.33%
47HEWLETT PACKARD ENTERPRISE CHPE-PC346,807$7.1M0.33%
48CONAGRA BRANDS INCCAG337,737$6.9M0.32%
49LYONDELLBASELL INDUSTRIES NLYB114,169$6.6M0.31%
50ALPHABET INCGOOG36,988$6.6M0.31%
51KIMBERLY-CLARK CORPKMB48,041$6.2M0.29%
52JPMORGAN CHASE & CO.VYLD20,688$6.0M0.28%
53UNILEVER PLCUNLYF95,740$5.9M0.27%
54DOW INCDOW218,147$5.8M0.27%
55VISA INCV15,488$5.5M0.26%
56VIATRIS INCVTRS585,579$5.2M0.24%
57BROADCOM INCAVGO18,637$5.1M0.24%
58TESLA INCTSLA12,277$3.9M0.18%
59MCDONALDS CORPMCD12,942$3.8M0.18%
60EXTRA SPACE STORAGE INCEXR24,375$3.6M0.17%
61MASTERCARD INCORPORATEDMA6,160$3.5M0.16%
62NETFLIX INCNFLX2,084$2.8M0.13%
63VANGUARD INDEX FDS9229083634,605$2.6M0.12%
64COSTCO WHSL CORP NEW22160K1052,602$2.6M0.12%
65VANGUARD TAX-MANAGED FDS92194385838,577$2.2M0.10%
66WASTE MGMT INC DEL94106L1099,581$2.2M0.10%
67BERKSHIRE HATHAWAY INC DELBRK-A4,512$2.2M0.10%
68PUBLIC STORAGE OPER COPSA-PS7,406$2.2M0.10%
69HOME DEPOT INCHD5,805$2.1M0.10%
70AFLAC INCAFL20,028$2.1M0.10%
71J P MORGAN EXCHANGE TRADED F46641Q33236,385$2.1M0.10%
72TAIWAN SEMICONDUCTOR MFG LTD8740391009,069$2.1M0.10%
73WALMART INCWMT19,967$2.0M0.09%
74ISHARES TR46428867917,098$1.9M0.09%
75COCA COLA COKO26,554$1.9M0.09%
76INVESCO EXCHANGE TRADED FD TIVZ26,287$1.9M0.09%
77HEICO CORP NEWHEI-A5,388$1.8M0.08%
78DIMENSIONAL ETF TRUST25434V40124,462$1.6M0.08%
79LOWES COS INC5486611077,266$1.6M0.08%
80PROCTER AND GAMBLE CO7427181099,986$1.6M0.07%
81INDEPENDENCE RLTY TR INC45378A10688,006$1.6M0.07%
82INTEL CORPINTC69,339$1.6M0.07%
83SALESFORCE INCCRM5,637$1.5M0.07%
84VANGUARD WORLD FD92191073313,664$1.5M0.07%
85DEERE & CODE2,936$1.5M0.07%
86J P MORGAN EXCHANGE TRADED F46641Q83729,249$1.5M0.07%
87ADVANCED MICRO DEVICES INCAMD9,439$1.3M0.06%
88VANGUARD SCOTTSDALE FDS92206C10222,151$1.3M0.06%
893M COMMM8,521$1.3M0.06%
90FASTENAL COFAST30,078$1.3M0.06%
91ANALOG DEVICES INCADI5,232$1.2M0.06%
92ELI LILLY & COLLY1,596$1.2M0.06%
93SERVICENOW INCNOW1,205$1.2M0.06%
94FORTINET INCFTNT11,403$1.2M0.06%
95APPLIED MATLS INC0382221056,425$1.2M0.05%
96UNITEDHEALTH GROUP INCUNH3,754$1.2M0.05%
97VANGUARD BD INDEX FDS92193782714,538$1.1M0.05%
98SELECT SECTOR SPDR TR81369Y60521,812$1.1M0.05%
99CROWDSTRIKE HLDGS INCCRWD2,168$1.1M0.05%
100AMERICAN EXPRESS COAXP3,333$1.1M0.05%
101SCHWAB STRATEGIC TR80852479740,066$1.1M0.05%
102COSTAR GROUP INCCSGP13,183$1.1M0.05%
103TYLER TECHNOLOGIES INCTYL1,783$1.1M0.05%
104PALANTIR TECHNOLOGIES INCPLTR7,569$1.0M0.05%
105CATERPILLAR INCCAT2,492$967,4190.05%
106BANK AMERICA CORP06050510420,117$951,9360.04%
107BRISTOL-MYERS SQUIBB COCELG-RI20,101$930,4750.04%
108ALLSTATE CORPALL-PJ4,589$923,8120.04%
109S&P GLOBAL INCSPGI1,695$893,7570.04%
110J P MORGAN EXCHANGE TRADED F46654Q20316,187$880,5730.04%
111XCEL ENERGY INCXELLL12,844$874,6760.04%
112SPDR INDEX SHS FDS78463X88921,024$851,2620.04%
113VANGUARD WORLD FD92204A7021,281$849,6620.04%
114JOHNSON & JOHNSONJNJ5,446$831,8770.04%
115THERMO FISHER SCIENTIFIC INCTMO2,028$822,2730.04%
116NEXTERA ENERGY INCNEE-PW11,737$814,7830.04%
117ISHARES TR4642876482,709$774,3950.04%
118HESS CORPHESM5,567$771,2520.04%
119PARKER-HANNIFIN CORPPH1,094$764,1260.04%
120ARISTA NETWORKS INCANET7,232$739,9060.03%
121MORGAN STANLEYMS-PQ5,133$723,0340.03%
122ISHARES TR4642876141,700$721,7860.03%
123ORACLE CORPORCL-PD3,284$717,9810.03%
124PHILLIPS EDISON & CO INCPECO20,495$717,9400.03%
125ISHARES TR4642875983,324$645,6210.03%
126CHUBB LIMITEDCB2,225$644,6270.03%
127SPDR S&P MIDCAP 400 ETF TRMDY1,135$642,9550.03%
128ANSYS INC03662Q1051,789$628,3330.03%
129QUALCOMM INCQCOM3,878$617,6100.03%
130BLACKROCK INCBLK585$613,8110.03%
131NXP SEMICONDUCTORS N VNXPI2,799$611,5540.03%
132VANGUARD INDEX FDS9229085952,187$605,6680.03%
133ISHARES TR4642888024,715$597,6260.03%
134HONEYWELL INTL INC4385161062,537$590,8170.03%
135ISHARES TR4642871504,370$590,1250.03%
136GOLDMAN SACHS PHYSICAL GOLD38150K10317,268$564,3180.03%
137ISHARES TR464287200894$555,0850.03%
138ISHARES TR46435G5166,199$553,0750.03%
139ISHARES TR46434V6218,600$549,8840.03%
140TEXAS INSTRS INC8825081042,603$540,4350.03%
141LOCKHEED MARTIN CORPLMT1,151$533,0740.02%
142VANGUARD WORLD FD9219108161,451$531,3130.02%
143VANGUARD WORLD FD9219108403,923$514,6980.02%
144SPDR GOLD TRGLD1,681$512,4190.02%
145INTERNATIONAL PAPER CO46014610310,551$494,1030.02%
146VANGUARD INDEX FDS9229087512,001$474,1970.02%
147VANGUARD BD INDEX FDS9219378356,369$468,9490.02%
148MICRON TECHNOLOGY INCMU3,752$462,4340.02%
149STARBUCKS CORPSBUX5,026$460,5320.02%
150ACCENTURE PLC IRELANDACN1,528$456,7040.02%
151DANAHER CORPORATION2358511022,250$444,4650.02%
152FAIR ISAAC CORPFICO233$425,9150.02%
153ISHARES TR4642883727,000$414,4000.02%
154ABBOTT LABSABLZF3,015$410,0700.02%
155ISHARES INC46434G1036,735$404,3020.02%
156ISHARES TR4642874994,331$398,3220.02%
157VEEVA SYS INCVEEV1,334$384,1650.02%
158PROSHARES TR74347B5087,000$376,9640.02%
159SELECT SECTOR SPDR TR81369Y8031,487$376,5530.02%
160NORFOLK SOUTHN CORP6558441081,465$374,9960.02%
161CORTEVA INCCTVA4,778$356,1040.02%
162ECOLAB INCECL1,318$355,1220.02%
163UNION PAC CORPUNP1,522$350,1820.02%
164MCKESSON CORPMCK467$342,2080.02%
165THE TRADE DESK INC88339J1054,722$339,9370.02%
166FIRST TR EXCHANGE-TRADED FD3369171097,922$331,6940.02%
167MPLX LPMPLXP6,200$319,3620.01%
168COMCAST CORP NEWCCZ8,928$318,6400.01%
169EXACT SCIENCES CORP30063P1055,970$317,2460.01%
170OTTER TAIL CORPOTTR4,086$314,9900.01%
171TRANE TECHNOLOGIES PLCTT708$309,6860.01%
172CAPITAL ONE FINL CORP14040H1051,446$307,6510.01%
173BOOKING HOLDINGS INCBKNG53$306,8300.01%
174ISHARES TR4642886879,747$299,0380.01%
175PALO ALTO NETWORKS INCPANW1,450$296,7280.01%
176DUPONT DE NEMOURS INCDD4,291$294,3200.01%
177ROLLINS INCROL5,163$291,2960.01%
178MERCK & CO INCMRK3,635$287,7470.01%
179ISHARES TR4642876551,322$285,2740.01%
180SCHWAB STRATEGIC TR8085247557,111$284,5820.01%
181SCHWAB STRATEGIC TR8085246729,939$271,8320.01%
182METLIFE INCMET-PF3,320$266,9940.01%
183MEDTRONIC PLCMDT2,943$256,5410.01%
184AUTOMATIC DATA PROCESSING INADP815$251,3460.01%
185ISHARES TR464287101822$250,1760.01%
186META PLATFORMS INCMETA335$247,2600.01%
187INTUITINTU306$241,0150.01%
188ISHARES TR4642877211,390$240,8450.01%
189DIMENSIONAL ETF TRUST25434V8075,506$235,8220.01%
190VANECK ETF TRUST92189F6432,491$233,6310.01%
191CITIGROUP INCC-PR2,671$227,3560.01%
192ISHARES TR46432F3391,239$226,5140.01%
193DIMENSIONAL ETF TRUST25434V7245,306$224,3380.01%
194BOEING COBA-PA1,062$222,5210.01%
195MOTOROLA SOLUTIONS INCMSI521$219,0600.01%
196DISNEY WALT CO2546871061,765$218,8780.01%
197MICROSOFT CORPMSFT422$209,9070.01%
198ISHARES SILVER TRSLV6,381$209,3610.01%
199AMAZON COM INCAMZN887$194,5990.01%
200DOUBLELINE INCOME SOLUTIONSDSL13,656$167,1490.01%
201SPDR SERIES TRUST78468R6631,661$152,3640.01%
202DIGITALBRIDGE GROUP INCDBRG-PJ12,500$129,3750.01%
203APPLE INCAAPL540$110,7920.01%
204ABBVIE INCABBV564$104,6900.00%
205SPDR SERIES TRUST78468R5231,028$102,2140.00%
206ALPHABET INCGOOG533$93,9310.00%
207ALPHABET INCGOOG528$93,6620.00%
208NVIDIA CORPORATIONNVDA590$93,2140.00%
209BROADCOM INCAVGO316$87,1050.00%
210CISCO SYS INCCSCO1,185$82,2150.00%
211ARES CAPITAL CORPARCC3,642$79,9780.00%
212VERIZON COMMUNICATIONS INCVZ1,807$78,1890.00%
213UNITED PARCEL SERVICE INCUPS752$75,9070.00%
214INTERNATIONAL BUSINESS MACHSINTR250$73,6950.00%
215PFIZER INCPFE2,986$72,3810.00%
216RIO TINTO PLCRTNTF1,239$72,2710.00%
217CHEVRON CORP NEWCVX496$71,0220.00%
218ARCHER DANIELS MIDLAND COADM1,267$66,8720.00%
219SEAGATE TECHNOLOGY HLDNGS PLSE460$66,3920.00%
220SOUTHERN COSOMN707$64,9240.00%
221DUKE ENERGY CORP NEWDUKB546$64,4280.00%
222TC ENERGY CORPTRPRF1,300$63,4270.00%
223HUNTINGTON BANCSHARES INCHBANP3,740$62,6820.00%
224KRAFT HEINZ COKHC2,426$62,6390.00%
225AMGEN INCAMGN223$62,2640.00%
226VISA INCV175$62,1340.00%
227AT&T INCT-PC2,141$61,9610.00%
228PRUDENTIAL FINL INCPUKPF576$61,8850.00%
229KINDER MORGAN INC DELEP-PC2,036$59,8580.00%
230PEPSICO INCPEP449$59,2860.00%
231US BANCORP DELUSB-PS1,304$59,0060.00%
232HEWLETT PACKARD ENTERPRISE CHPE-PC2,768$56,6060.00%
233TESLA INCTSLA176$55,9080.00%
234GILEAD SCIENCES INCGILD493$54,6590.00%
235EXXON MOBIL CORPXOM495$53,3610.00%
236CROWN CASTLE INCCCI517$53,1110.00%
237MASTERCARD INCORPORATEDMA91$51,1370.00%
238GSK PLCGLAXF1,327$50,9570.00%
239CONAGRA BRANDS INCCAG2,439$49,9260.00%
240LYONDELLBASELL INDUSTRIES NLYB828$47,9080.00%
241DOW INCDOW1,608$42,5800.00%
242UNILEVER PLCUNLYF692$42,3300.00%
243VIATRIS INCVTRS4,649$41,5160.00%
244KIMBERLY-CLARK CORPKMB317$40,8680.00%
245TAIWAN SEMICONDUCTOR MFG LTD874039100180$40,7680.00%
246COSTCO WHSL CORP NEW22160K10532$31,6780.00%
247FORTINET INCFTNT286$30,2360.00%
248NINE ENERGY SERVICE INCNINE37,258$28,7300.00%
249JPMORGAN CHASE & CO.VYLD97$28,1210.00%
250VANGUARD INDEX FDS92290873662$27,1810.00%
251APPLIED MATLS INC038222105143$26,1790.00%
252ADVANCED MICRO DEVICES INCAMD177$25,1160.00%
253VANGUARD INDEX FDS922908744142$25,0970.00%
254NETFLIX INCNFLX18$24,1040.00%
255ISHARES TR46432F842286$23,8750.00%
256LOWES COS INC548661107107$23,7400.00%
257WALMART INCWMT236$23,0760.00%
258CROWDSTRIKE HLDGS INCCRWD45$22,9190.00%
259HOME DEPOT INCHD59$21,6320.00%
260ARISTA NETWORKS INCANET189$19,3370.00%
261INVESCO QQQ TRIVZ31$17,1010.00%
262THERMO FISHER SCIENTIFIC INCTMO39$15,8130.00%
263DEERE & CODE28$14,2380.00%
264MCDONALDS CORPMCD47$13,7320.00%
265QUALCOMM INCQCOM83$13,2190.00%
266COCA COLA COKO156$11,0370.00%
267VANGUARD WHITEHALL FDS92194640661$8,1320.00%
268SPDR SERIES TRUST78464A508135$7,0660.00%
269MICRON TECHNOLOGY INCMU48$5,9160.00%
270INVESCO EXCHANGE TRADED FD TIVZ23$4,1800.00%
271ISHARES TR4642872269$8930.00%
272VANGUARD SCOTTSDALE FDS92206C7718$3710.00%