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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 Q3 2025 · Filed October 21, 2025 · Accession 0001062993-25-016244

Total Value
$2.31B
Positions
271
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (271)

#IssuerTicker / CUSIPSharesValue% of Filing
1ISHARES TR46432F8423,440,381$300.4M13.01%
2VANGUARD INDEX FDS922908736568,238$272.5M11.80%
3VANGUARD INDEX FDS9229087441,456,256$271.6M11.76%
4INVESCO QQQ TRIVZ350,097$210.2M9.10%
5VANGUARD INDEX FDS922908769343,893$112.9M4.89%
6VANGUARD INDEX FDS922908363175,378$107.4M4.65%
7VANGUARD WHITEHALL FDS921946406721,137$101.6M4.40%
8SPDR SERIES TRUST78464A5081,571,786$87.0M3.77%
9ISHARES TR464287226560,897$56.2M2.44%
10INVESCO EXCHANGE TRADED FD TIVZ290,518$55.1M2.39%
11SPDR SERIES TRUST78468R523501,793$49.9M2.16%
12SPDR SERIES TRUST78468R663438,451$40.2M1.74%
13VANGUARD SCOTTSDALE FDS92206C771778,449$36.6M1.58%
14NVIDIA CORPORATIONNVDA183,608$34.3M1.48%
15MICROSOFT CORPMSFT38,416$19.9M0.86%
16SPDR S&P 500 ETF TRSPY26,526$17.7M0.77%
17APPLE INCAAPL61,056$15.5M0.67%
18AMAZON COM INCAMZN65,619$14.4M0.62%
19META PLATFORMS INCMETA19,497$14.3M0.62%
20ABBVIE INCABBV59,934$13.9M0.60%
21SEAGATE TECHNOLOGY HLDNGS PLSE55,969$13.2M0.57%
22INTERNATIONAL BUSINESS MACHSINTR45,598$12.9M0.56%
23CHEVRON CORP NEWCVX80,804$12.5M0.54%
24RIO TINTO PLCRTNTF180,267$11.9M0.52%
25PFIZER INCPFE454,108$11.6M0.50%
26VERIZON COMMUNICATIONS INCVZ257,086$11.3M0.49%
27ALPHABET INCGOOG44,568$10.8M0.47%
28ARES CAPITAL CORPARCC526,552$10.7M0.47%
29EXXON MOBIL CORPXOM95,105$10.7M0.46%
30UNITED PARCEL SERVICE INCUPS123,865$10.3M0.45%
31CISCO SYS INCCSCO149,529$10.2M0.44%
32TC ENERGY CORPTRPRF184,555$10.0M0.43%
33SOUTHERN COSOMN105,443$10.0M0.43%
34ARCHER DANIELS MIDLAND COADM166,050$9.9M0.43%
35DUKE ENERGY CORP NEWDUKB78,738$9.7M0.42%
36ALPHABET INCGOOG38,119$9.3M0.40%
37PEPSICO INCPEP65,474$9.2M0.40%
38HUNTINGTON BANCSHARES INCHBANP519,997$9.0M0.39%
39KRAFT HEINZ COKHC343,504$8.9M0.39%
40PRUDENTIAL FINL INCPUKPF85,925$8.9M0.39%
41AT&T INCT-PC312,314$8.8M0.38%
42GILEAD SCIENCES INCGILD78,092$8.7M0.38%
43AMGEN INCAMGN30,342$8.6M0.37%
44US BANCORP DELUSB-PS174,840$8.5M0.37%
45GSK PLCGLAXF191,554$8.3M0.36%
46HEWLETT PACKARD ENTERPRISE CHPE-PC324,121$8.0M0.34%
47KINDER MORGAN INC DELEP-PC263,162$7.5M0.32%
48CONAGRA BRANDS INCCAG403,295$7.4M0.32%
49CROWN CASTLE INCCCI75,554$7.3M0.32%
50KIMBERLY-CLARK CORPKMB53,134$6.6M0.29%
51JPMORGAN CHASE & CO.VYLD19,985$6.3M0.27%
52BROADCOM INCAVGO18,606$6.1M0.27%
53UNILEVER PLCUNLYF101,445$6.0M0.26%
54LYONDELLBASELL INDUSTRIES NLYB121,933$6.0M0.26%
55VIATRIS INCVTRS582,996$5.8M0.25%
56DOW INCDOW247,698$5.7M0.25%
57VISA INCV15,688$5.4M0.23%
58MCDONALDS CORPMCD17,319$5.3M0.23%
59TESLA INCTSLA11,084$4.9M0.21%
60PROCTER AND GAMBLE CO74271810929,626$4.6M0.20%
61JANUS DETROIT STR TR47103U84588,399$4.5M0.19%
62MASTERCARD INCORPORATEDMA6,289$3.6M0.15%
63EXTRA SPACE STORAGE INCEXR24,375$3.4M0.15%
64TAIWAN SEMICONDUCTOR MFG LTD87403910011,124$3.1M0.13%
65VANGUARD INDEX FDS9229083634,605$2.8M0.12%
66NETFLIX INCNFLX2,078$2.5M0.11%
67HOME DEPOT INCHD5,894$2.4M0.10%
68BERKSHIRE HATHAWAY INC DELBRK-A4,669$2.3M0.10%
69INTEL CORPINTC67,063$2.2M0.10%
70AFLAC INCAFL20,027$2.2M0.10%
71J P MORGAN EXCHANGE TRADED F46641Q33238,612$2.2M0.10%
72VANGUARD TAX-MANAGED FDS92194385836,005$2.2M0.09%
73PUBLIC STORAGE OPER COPSA-PS7,406$2.1M0.09%
74INVESCO EXCHANGE TRADED FD TIVZ29,049$2.1M0.09%
75ORACLE CORPORCL-PD7,533$2.1M0.09%
76WASTE MGMT INC DEL94106L1099,559$2.1M0.09%
77COSTCO WHSL CORP NEW22160K1052,220$2.1M0.09%
78WALMART INCWMT19,743$2.0M0.09%
79SCHWAB STRATEGIC TR80852479767,943$1.9M0.08%
80LOWES COS INC5486611077,304$1.8M0.08%
81COCA COLA COKO27,067$1.8M0.08%
82VANGUARD SCOTTSDALE FDS92206C10229,934$1.8M0.08%
83DIMENSIONAL ETF TRUST25434V40124,036$1.7M0.08%
84HEICO CORP NEWHEI-A5,359$1.7M0.07%
85ISHARES TR46428867915,497$1.7M0.07%
86VANGUARD BD INDEX FDS92193782719,647$1.6M0.07%
87ADVANCED MICRO DEVICES INCAMD9,132$1.5M0.06%
88FASTENAL COFAST29,851$1.5M0.06%
89INDEPENDENCE RLTY TR INC45378A10688,006$1.4M0.06%
90PALANTIR TECHNOLOGIES INCPLTR7,646$1.4M0.06%
91APPLIED MATLS INC0382221056,739$1.4M0.06%
92SALESFORCE INCCRM5,763$1.4M0.06%
93ELI LILLY & COLLY1,766$1.3M0.06%
943M COMMM8,460$1.3M0.06%
95SPDR INDEX SHS FDS78463X88930,318$1.3M0.06%
96ANALOG DEVICES INCADI5,216$1.3M0.06%
97UNITEDHEALTH GROUP INCUNH3,603$1.2M0.05%
98CATERPILLAR INCCAT2,415$1.2M0.05%
99CROWDSTRIKE HLDGS INCCRWD2,274$1.1M0.05%
100SERVICENOW INCNOW1,205$1.1M0.05%
101AMERICAN EXPRESS COAXP3,333$1.1M0.05%
102COSTAR GROUP INCCSGP12,783$1.1M0.05%
103ARISTA NETWORKS INCANET7,319$1.1M0.05%
104BANK AMERICA CORP06050510419,622$1.0M0.04%
105JOHNSON & JOHNSONJNJ5,379$997,3740.04%
106ALLSTATE CORPALL-PJ4,589$985,0290.04%
107SELECT SECTOR SPDR TR81369Y60518,218$981,4040.04%
108J P MORGAN EXCHANGE TRADED F46641Q83719,259$977,0090.04%
109FORTINET INCFTNT11,610$976,1690.04%
110VANGUARD WORLD FD92204A7021,281$956,4330.04%
111TYLER TECHNOLOGIES INCTYL1,769$925,4700.04%
112J P MORGAN EXCHANGE TRADED F46654Q20315,646$899,9580.04%
113NEXTERA ENERGY INCNEE-PW11,835$893,4240.04%
114SPDR GOLD TRGLD2,461$874,8120.04%
115BRISTOL-MYERS SQUIBB COCELG-RI19,267$868,9420.04%
116ISHARES TR4642876482,710$867,3080.04%
117PARKER-HANNIFIN CORPPH1,096$830,9320.04%
118MORGAN STANLEYMS-PQ5,133$815,9420.04%
119ISHARES TR4642876141,721$806,1340.03%
120S&P GLOBAL INCSPGI1,647$801,6110.03%
121BLACKROCK INCBLK587$684,3660.03%
122ISHARES TR4642875983,324$676,7330.03%
123SPDR S&P MIDCAP 400 ETF TRMDY1,135$676,4940.03%
124DEERE & CODE1,433$655,2540.03%
125VANGUARD INDEX FDS9229085952,169$645,5380.03%
126VANGUARD WORLD FD9219107335,405$640,1680.03%
127MICRON TECHNOLOGY INCMU3,672$614,3990.03%
128NXP SEMICONDUCTORS N VNXPI2,641$601,4350.03%
129CHUBB LIMITEDCB2,084$588,2090.03%
130ISHARES TR464287200867$580,2830.03%
131ABRDN PALLADIUM ETF TRUSTPALL5,000$570,8500.02%
132TEXAS INSTRS INC8825081043,080$565,8880.02%
133VANGUARD WORLD FD9219108161,384$556,9490.02%
134ISHARES TR46434V6218,002$544,7760.02%
135ISHARES SILVER TRSLV12,550$531,7440.02%
136VANGUARD WORLD FD9219108403,851$530,4370.02%
137VANGUARD INDEX FDS9229087512,003$509,3230.02%
138HONEYWELL INTL INC4385161062,395$504,1480.02%
139LOCKHEED MARTIN CORPLMT1,008$503,2040.02%
140INTERNATIONAL PAPER CO46014610310,355$480,4720.02%
141DANAHER CORPORATION2358511022,242$444,4990.02%
142NORFOLK SOUTHN CORP6558441081,465$440,1010.02%
143VANGUARD WHITEHALL FDS9219467945,118$433,3920.02%
144ISHARES TR4642883727,000$427,8400.02%
145ISHARES TR4642874994,331$418,1580.02%
146UNION PAC CORPUNP1,737$410,5750.02%
147ECOLAB INCECL1,449$396,8230.02%
148STARBUCKS CORPSBUX4,683$396,1820.02%
149ABBOTT LABSABLZF2,918$390,8370.02%
150XCEL ENERGY INCXELLL4,845$390,7490.02%
151PROSHARES TR74347B5087,000$378,8080.02%
152VEEVA SYS INCVEEV1,253$373,2810.02%
153ACCENTURE PLC IRELANDACN1,511$372,6130.02%
154UNITED RENTALS INCURI371$354,1790.02%
155CORTEVA INCCTVA5,231$353,7730.02%
156DUPONT DE NEMOURS INCDD4,491$349,8490.02%
157FAIR ISAAC CORPFICO233$348,6910.02%
158STRYKER CORPORATIONSYK923$341,2050.01%
159OTTER TAIL CORPOTTR4,086$334,9290.01%
160EXACT SCIENCES CORP30063P1055,970$326,6190.01%
161ISHARES INC46434G1034,822$317,8660.01%
162MPLX LPMPLXP6,200$309,6900.01%
163CAPITAL ONE FINL CORP14040H1051,451$308,4540.01%
164MERCK & CO INCMRK3,669$307,9390.01%
165SCHWAB STRATEGIC TR8085247557,111$305,4890.01%
166ROLLINS INCROL5,163$303,2750.01%
167TRANE TECHNOLOGIES PLCTT708$298,7480.01%
168FIRST TR EXCHANGE-TRADED FD3369171096,858$297,7060.01%
169BOOKING HOLDINGS INCBKNG53$286,1610.01%
170MCKESSON CORPMCK361$278,8870.01%
171SCHWAB STRATEGIC TR8085246729,939$277,6960.01%
172COMCAST CORP NEWCCZ8,794$276,3070.01%
173METLIFE INCMET-PF3,340$275,1160.01%
174ISHARES TR4642877211,390$272,2450.01%
175SYNOPSYS INCSNPS535$263,9640.01%
176PALO ALTO NETWORKS INCPANW1,265$257,5790.01%
177CUMMINS INCCMI608$256,8010.01%
178THERMO FISHER SCIENTIFIC INCTMO520$252,2100.01%
179BOEING COBA-PA1,162$250,7940.01%
180VANECK ETF TRUST92189F6432,491$246,8830.01%
181META PLATFORMS INCMETA335$246,0170.01%
182ISHARES TR4642886877,697$243,3790.01%
183AUTOMATIC DATA PROCESSING INADP821$240,9640.01%
184MOTOROLA SOLUTIONS INCMSI521$238,2480.01%
185DIMENSIONAL ETF TRUST25434V7245,306$237,1250.01%
186MICROSOFT CORPMSFT448$232,0420.01%
187SELECT SECTOR SPDR TR81369Y803818$230,5610.01%
188BORGWARNER INCBWA5,202$228,6800.01%
189DISNEY WALT CO2546871061,974$226,0230.01%
190ISHARES TR464287655926$224,0550.01%
191VULCAN MATLS CO929160109717$220,5640.01%
192TRAVELERS COMPANIES INCTRV780$217,7920.01%
193DIMENSIONAL ETF TRUST25434V8074,646$214,2740.01%
194THE TRADE DESK INC88339J1054,333$212,3600.01%
195INTUITINTU304$207,6050.01%
196GOLDMAN SACHS GROUP INCGSCE260$207,0510.01%
197UBER TECHNOLOGIES INCUBER2,076$203,3860.01%
198WEST PHARMACEUTICAL SVSC INC955306105774$203,0430.01%
199AMAZON COM INCAMZN887$194,7590.01%
200DOUBLELINE INCOME SOLUTIONSDSL13,656$167,6960.01%
201SPDR SERIES TRUST78468R6631,661$152,3970.01%
202NVIDIA CORPORATIONNVDA794$148,1450.01%
203DIGITALBRIDGE GROUP INCDBRG-PJ12,500$146,2500.01%
204ALPHABET INCGOOG563$136,8650.01%
205ALPHABET INCGOOG558$135,9010.01%
206BROADCOM INCAVGO316$104,2520.00%
207APPLE INCAAPL405$103,1250.00%
208SPDR SERIES TRUST78468R5231,028$102,3070.00%
209SEAGATE TECHNOLOGY HLDNGS PLSE384$90,6470.00%
210RIO TINTO PLCRTNTF1,239$81,7860.00%
211CISCO SYS INCCSCO1,185$81,0780.00%
212VERIZON COMMUNICATIONS INCVZ1,807$79,4180.00%
213TESLA INCTSLA176$78,2710.00%
214CHEVRON CORP NEWCVX496$77,0240.00%
215PFIZER INCPFE2,986$76,0830.00%
216ARCHER DANIELS MIDLAND COADM1,267$75,6910.00%
217ARES CAPITAL CORPARCC3,642$74,3330.00%
218ABBVIE INCABBV314$72,7040.00%
219TC ENERGY CORPTRPRF1,300$70,7330.00%
220INTERNATIONAL BUSINESS MACHSINTR250$70,5400.00%
221DUKE ENERGY CORP NEWDUKB546$67,5680.00%
222SOUTHERN COSOMN707$67,0020.00%
223HUNTINGTON BANCSHARES INCHBANP3,740$64,5900.00%
224KRAFT HEINZ COKHC2,426$63,1730.00%
225PEPSICO INCPEP449$63,0580.00%
226US BANCORP DELUSB-PS1,304$63,0220.00%
227AMGEN INCAMGN223$62,9310.00%
228UNITED PARCEL SERVICE INCUPS752$62,8150.00%
229TAIWAN SEMICONDUCTOR MFG LTD874039100222$62,0020.00%
230PRUDENTIAL FINL INCPUKPF593$61,5180.00%
231AT&T INCT-PC2,141$60,4620.00%
232VISA INCV175$59,7420.00%
233KINDER MORGAN INC DELEP-PC2,036$57,6390.00%
234GSK PLCGLAXF1,327$57,2730.00%
235EXXON MOBIL CORPXOM495$55,8110.00%
236HEWLETT PACKARD ENTERPRISE CHPE-PC2,271$55,7760.00%
237CONAGRA BRANDS INCCAG3,003$54,9850.00%
238GILEAD SCIENCES INCGILD493$54,7230.00%
239MASTERCARD INCORPORATEDMA91$51,7620.00%
240JANUS DETROIT STR TR47103U8451,015$51,5420.00%
241CROWN CASTLE INCCCI517$49,8850.00%
242KIMBERLY-CLARK CORPKMB390$48,4930.00%
243VIATRIS INCVTRS4,649$46,0250.00%
244MCDONALDS CORPMCD147$44,6720.00%
245UNILEVER PLCUNLYF692$41,0220.00%
246LYONDELLBASELL INDUSTRIES NLYB828$40,6050.00%
247DOW INCDOW1,608$36,8710.00%
248JPMORGAN CHASE & CO.VYLD97$30,5970.00%
249APPLIED MATLS INC038222105143$29,2780.00%
250ADVANCED MICRO DEVICES INCAMD177$28,6370.00%
251VANGUARD INDEX FDS92290873659$28,2970.00%
252ORACLE CORPORCL-PD100$28,1240.00%
253VANGUARD INDEX FDS922908744148$27,6010.00%
254ARISTA NETWORKS INCANET189$27,5390.00%
255LOWES COS INC548661107107$26,8900.00%
256ISHARES TR46432F842293$25,5820.00%
257WALMART INCWMT236$24,3220.00%
258FORTINET INCFTNT286$24,0470.00%
259HOME DEPOT INCHD59$23,9060.00%
260NINE ENERGY SERVICE INCNINE37,258$23,5430.00%
261CROWDSTRIKE HLDGS INCCRWD45$22,0670.00%
262NETFLIX INCNFLX18$21,5810.00%
263COCA COLA COKO297$19,6970.00%
264COSTCO WHSL CORP NEW22160K10520$18,5130.00%
265INVESCO QQQ TRIVZ30$18,0110.00%
266VANGUARD WHITEHALL FDS92194640662$8,7390.00%
267MICRON TECHNOLOGY INCMU48$8,0310.00%
268SPDR SERIES TRUST78464A508137$7,5800.00%
269INVESCO EXCHANGE TRADED FD TIVZ23$4,3630.00%
270ISHARES TR4642872269$9020.00%
271VANGUARD SCOTTSDALE FDS92206C77112$5640.00%