13F HOLDINGS REPORT
FORBES J M & CO LLP
Quarter ended Q2 2025 · Filed July 18, 2025 · Accession 0001140361-25-026328
Total Value
$1.09B
Positions
144
Other Managers
0
Confidential Omitted
No
Holdings (144)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 156,353 | $77.8M | 7.11% |
| 2 | ISHARES GOLD TRUST | IAU | 1,167,641 | $72.8M | 6.66% |
| 3 | NVIDIA CORP | NVDA | 405,757 | $64.1M | 5.86% |
| 4 | APPLE INC | AAPL | 245,286 | $50.3M | 4.60% |
| 5 | AMAZON.COM INC | AMZN | 188,079 | $41.3M | 3.77% |
| 6 | ALPHABET INC CL A | GOOG | 226,439 | $39.9M | 3.65% |
| 7 | BROADCOM INC | AVGO | 116,630 | $32.1M | 2.94% |
| 8 | ENERGY SELECT SECTOR SPDR | 81369y506 | 376,244 | $31.9M | 2.92% |
| 9 | JP MORGAN CHASE & CO | VYLD | 96,792 | $28.1M | 2.57% |
| 10 | VISA INC CL A | V | 65,739 | $23.3M | 2.13% |
| 11 | TECHNOLOGY SELECT SECT SPDR | 81369y803 | 87,399 | $22.1M | 2.02% |
| 12 | BANK OF AMERICA CORP | 060505104 | 453,261 | $21.4M | 1.96% |
| 13 | INTL. BUSINESS MACHINES CORP | INTR | 69,696 | $20.5M | 1.88% |
| 14 | PROCTER & GAMBLE CO | 742718109 | 117,974 | $18.8M | 1.72% |
| 15 | ABBOTT LABS | ABLZF | 138,076 | $18.8M | 1.72% |
| 16 | WALMART INC | WMT | 182,657 | $17.9M | 1.63% |
| 17 | LINDE PLC | LIN | 37,970 | $17.8M | 1.63% |
| 18 | VANGUARD DIVIDEND APPREC ETF | 921908844 | 87,001 | $17.8M | 1.63% |
| 19 | JOHNSON & JOHNSON | JNJ | 115,908 | $17.7M | 1.62% |
| 20 | COCA COLA CO | KO | 244,149 | $17.3M | 1.58% |
| 21 | TJX COS INC | 872540109 | 123,793 | $15.3M | 1.40% |
| 22 | NEXTERA ENERGY INC | NEE-PW | 216,604 | $15.0M | 1.38% |
| 23 | INTERCONTINENTAL EXCHANGE INC | ICE | 79,489 | $14.6M | 1.33% |
| 24 | FINANCIAL SELECT SECTOR SPDR | 81369y605 | 268,854 | $14.1M | 1.29% |
| 25 | EATON CORP PLC | ETN | 39,327 | $14.0M | 1.28% |
| 26 | HONEYWELL INTERNATIONAL INC | 438516106 | 57,326 | $13.4M | 1.22% |
| 27 | MERCK & CO INC | MRK | 167,789 | $13.3M | 1.21% |
| 28 | ISHARES CORE S&P MID-CAP ETF | 464287507 | 211,136 | $13.1M | 1.20% |
| 29 | PROGRESSIVE CORP | 743315103 | 48,544 | $13.0M | 1.18% |
| 30 | UNION PAC CORP | UNP | 54,942 | $12.6M | 1.16% |
| 31 | GINKGO BIOWORKS HOLDINGS INC CL A | DNABW | 1,077,241 | $12.1M | 1.11% |
| 32 | INDUSTRIAL SELECT SECTOR SPDR | 81369y704 | 82,117 | $12.1M | 1.11% |
| 33 | PEPSICO INC | PEP | 90,541 | $12.0M | 1.09% |
| 34 | SPDR PORTFOLIO EMERGING MARKETS ETF | 78463x509 | 278,646 | $11.9M | 1.09% |
| 35 | SERVICENOW INC | NOW | 10,922 | $11.2M | 1.03% |
| 36 | XYLEM INC | XYL | 84,446 | $10.9M | 1.00% |
| 37 | SALESFORCE INC | CRM | 37,315 | $10.2M | 0.93% |
| 38 | CONSUMER DISCRETIONARY SELECT | 81369y407 | 42,527 | $9.2M | 0.85% |
| 39 | HOME DEPOT INC | HD | 25,089 | $9.2M | 0.84% |
| 40 | ISHARES CORE INTL STOCK ETF | 46432f834 | 118,590 | $9.2M | 0.84% |
| 41 | ECOLAB INC | ECL | 33,231 | $9.0M | 0.82% |
| 42 | VERIZON COMMUNICATIONS | VZ | 198,828 | $8.6M | 0.79% |
| 43 | ZOETIS INC | ZTS | 54,854 | $8.6M | 0.78% |
| 44 | META PLATFORMS INC CL A | META | 11,208 | $8.3M | 0.76% |
| 45 | ISHARES CORE S&P TOTAL U.S. | 464287150 | 56,957 | $7.7M | 0.70% |
| 46 | PALO ALTO NETWORKS INC | PANW | 37,301 | $7.6M | 0.70% |
| 47 | HEALTH CARE SELECT SECTOR | 81369y209 | 54,169 | $7.3M | 0.67% |
| 48 | ARISTA NETWORKS INC | ANET | 70,373 | $7.2M | 0.66% |
| 49 | COMM SERV SELECT SECTOR SPDR | 81369y852 | 63,576 | $6.9M | 0.63% |
| 50 | LILLY ELI & CO | LLY | 8,528 | $6.6M | 0.61% |
| 51 | O'REILLY AUTOMOTIVE INC | ORLY | 72,630 | $6.5M | 0.60% |
| 52 | BERKSHIRE HATHAWAY INC-CL B | BRK-A | 13,030 | $6.3M | 0.58% |
| 53 | PROLOGIS INC REIT | PLDGP | 59,476 | $6.3M | 0.57% |
| 54 | BECTON DICKINSON | BDX | 35,913 | $6.2M | 0.57% |
| 55 | RIO TINTO PLC SPONS ADR | RTNTF | 94,520 | $5.5M | 0.50% |
| 56 | ISHARES BIOTECHNOLOGY ETF | 464287556 | 42,731 | $5.4M | 0.49% |
| 57 | EXXON MOBIL CORP | XOM | 44,825 | $4.8M | 0.44% |
| 58 | TESLA INC | TSLA | 13,486 | $4.3M | 0.39% |
| 59 | UTILITIES SELECT SECTOR SPDR | 81369y886 | 42,689 | $3.5M | 0.32% |
| 60 | ISHARES ESG MSCI KLD 400 ETF | 464288570 | 26,938 | $3.1M | 0.29% |
| 61 | REAL ESTATE SELECT SECT SPDR | 81369y860 | 74,904 | $3.1M | 0.28% |
| 62 | AUTOMATIC DATA PROCESSING INC | ADP | 9,673 | $3.0M | 0.27% |
| 63 | ALPHABET INC CL C | GOOG | 16,737 | $3.0M | 0.27% |
| 64 | ADOBE INC | ADBE | 7,383 | $2.9M | 0.26% |
| 65 | ABBVIE INC | ABBV | 13,218 | $2.5M | 0.22% |
| 66 | COSTCO WHOLESALE CORP | COST | 2,407 | $2.4M | 0.22% |
| 67 | CISCO SYSTEMS INC | CSCO | 33,660 | $2.3M | 0.21% |
| 68 | MCDONALDS CORP | MCD | 7,642 | $2.2M | 0.20% |
| 69 | SPDR GOLD MINISHARES TRUST ETF | GLD | 28,711 | $1.9M | 0.17% |
| 70 | ISHARES CORE S&P 500 ETF | 464287200 | 2,675 | $1.7M | 0.15% |
| 71 | SPDR GOLD TRUST | GLD | 5,393 | $1.6M | 0.15% |
| 72 | EMERSON ELEC CO | EMR | 12,023 | $1.6M | 0.15% |
| 73 | MASTERCARD INC CL A | MA | 2,762 | $1.6M | 0.14% |
| 74 | INTUIT INC | INTU | 1,882 | $1.5M | 0.14% |
| 75 | STRYKER CORPORATION | SYK | 3,340 | $1.3M | 0.12% |
| 76 | DISNEY WALT CO NEW | 254687106 | 10,174 | $1.3M | 0.12% |
| 77 | RTX CORPORATION | RTX | 7,990 | $1.2M | 0.11% |
| 78 | ACCENTURE PLC CL A | ACN | 3,738 | $1.1M | 0.10% |
| 79 | CHARLES SCHWAB CORP | SCHW-PJ | 11,300 | $1.0M | 0.09% |
| 80 | MATERIALS SELECT SECTOR SPDR TRUST | 81369y100 | 11,305 | $992,692 | 0.09% |
| 81 | CHEVRON CORPORATION | CVX | 6,919 | $990,732 | 0.09% |
| 82 | ANALOG DEVICES INC | ADI | 3,900 | $928,278 | 0.08% |
| 83 | AIR PRODUCTS & CHEMICALS INC | AIIR | 3,120 | $880,027 | 0.08% |
| 84 | FISERV INC | FISV | 4,483 | $772,914 | 0.07% |
| 85 | CHURCH & DWIGHT INC | CHD | 7,850 | $754,463 | 0.07% |
| 86 | ROYAL BANK OF CANADA | 780087102 | 5,600 | $736,680 | 0.07% |
| 87 | BERKSHIRE HATHAWAY INC CL A | BRK-A | 1 | $728,800 | 0.07% |
| 88 | ORACLE CORPORATION | ORCL-PD | 3,102 | $678,190 | 0.06% |
| 89 | NESTLE SA SPONS ADR | 641069406 | 6,621 | $657,598 | 0.06% |
| 90 | BLACKSTONE INC | BX | 4,108 | $614,475 | 0.06% |
| 91 | INTUITIVE SURGICAL INC | ISRG | 1,121 | $609,163 | 0.06% |
| 92 | JPMORGAN ULTRA-SHORT INCOME ETF | 46641q837 | 12,003 | $608,312 | 0.06% |
| 93 | INTEL CORP | INTC | 26,936 | $603,366 | 0.06% |
| 94 | COMCAST CORP CL A | CCZ | 16,721 | $596,772 | 0.05% |
| 95 | NIKE INC-CLASS B | NKE | 7,755 | $550,915 | 0.05% |
| 96 | ILLINOIS TOOL WKS INC | 452308109 | 2,223 | $549,637 | 0.05% |
| 97 | PNC FINANCIAL SERVICES GROUP | 693475105 | 2,907 | $541,923 | 0.05% |
| 98 | US BANCORP NEW | USB-PS | 11,330 | $512,682 | 0.05% |
| 99 | BOEING CO | BA-PA | 2,436 | $510,415 | 0.05% |
| 100 | SPDR S&P 500 ETF TRUST | SPY | 816 | $504,166 | 0.05% |
| 101 | CATERPILLAR INC | CAT | 1,277 | $495,744 | 0.05% |
| 102 | YUM BRANDS INC | YUM | 3,235 | $479,362 | 0.04% |
| 103 | 3M CO | MMM | 3,038 | $462,505 | 0.04% |
| 104 | PROGRESS SOFTWARE CORP | 743312100 | 7,120 | $454,541 | 0.04% |
| 105 | STATE STREET CORP | STT-PG | 4,269 | $453,965 | 0.04% |
| 106 | CARRIER GLOBAL CORP | CARR | 6,053 | $443,019 | 0.04% |
| 107 | NUVECTIS PHARMA INC | NVCT | 59,000 | $440,730 | 0.04% |
| 108 | BRISTOL MYERS SQUIBB CO | CELG-RI | 9,484 | $439,014 | 0.04% |
| 109 | DANAHER CORP | 235851102 | 2,222 | $438,934 | 0.04% |
| 110 | PFIZER INC | PFE | 17,843 | $432,514 | 0.04% |
| 111 | NETFLIX INC | NFLX | 314 | $420,487 | 0.04% |
| 112 | PAYCHEX INC | PAYX | 2,884 | $419,507 | 0.04% |
| 113 | WEYERHAEUSER CO REIT | WY | 16,101 | $413,635 | 0.04% |
| 114 | GE AEROSPACE | 369604301 | 1,595 | $410,537 | 0.04% |
| 115 | CANADIAN NATIONAL RAILWAY CO | 136375102 | 3,810 | $396,392 | 0.04% |
| 116 | AXSOME THERAPEUTICS INC | AXSM | 3,704 | $386,661 | 0.04% |
| 117 | CORTEVA INC | CTVA | 5,110 | $380,848 | 0.03% |
| 118 | STARBUCKS CORP | SBUX | 3,886 | $356,074 | 0.03% |
| 119 | EDWARDS LIFESCIENCES CORP | EW | 4,469 | $349,520 | 0.03% |
| 120 | GENUINE PARTS CO | GPC | 2,865 | $347,553 | 0.03% |
| 121 | DUPONT DE NEMOURS INC | DD | 4,991 | $342,333 | 0.03% |
| 122 | BANK OF NOVA SCOTIA HALIFAX | 064149107 | 6,000 | $331,620 | 0.03% |
| 123 | S&P GLOBAL INC | SPGI | 606 | $319,538 | 0.03% |
| 124 | ROPER TECHNOLOGIES INC | ROP | 542 | $307,227 | 0.03% |
| 125 | CINCINNATI FINANCIAL CORP | 172062101 | 1,996 | $297,244 | 0.03% |
| 126 | ISHARES CORE S&P 500 ETF | 464287200 | 450 | $279,405 | 0.03% |
| 127 | OTIS WORLDWIDE CORP | OTIS | 2,781 | $275,375 | 0.03% |
| 128 | QUALCOMM INC | QCOM | 1,680 | $267,557 | 0.02% |
| 129 | ENTERPRISE PRODS PARTNERS LP | 293792107 | 8,500 | $263,585 | 0.02% |
| 130 | ISHARES 7-10 YEAR TREASURY B | 464287440 | 2,732 | $261,644 | 0.02% |
| 131 | POWER CORP OF CANADA | 739239101 | 6,400 | $249,714 | 0.02% |
| 132 | AMERICAN TOWER CORP REIT | AMT | 1,128 | $249,311 | 0.02% |
| 133 | TARGET CORP | TGT | 2,472 | $243,863 | 0.02% |
| 134 | JPM ULTRA-SHORT MUNI INCOME | 46641q654 | 4,786 | $243,703 | 0.02% |
| 135 | PACCAR INC | PCAR | 2,553 | $242,688 | 0.02% |
| 136 | BIOGEN INC | BIIB | 1,869 | $234,728 | 0.02% |
| 137 | SOUTHERN COMPANY | SOMN | 2,472 | $227,004 | 0.02% |
| 138 | CHECK POINT SOFTWARE TECH LTD | CHKP | 1,005 | $222,356 | 0.02% |
| 139 | UNITED RENTALS INC | URI | 290 | $218,486 | 0.02% |
| 140 | INVESCO QQQ TRUST SERIES 1 | IVZ | 374 | $206,313 | 0.02% |
| 141 | CORNING INC | GLW | 3,867 | $203,366 | 0.02% |
| 142 | ZOETIS INC | ZTS | 400 | $62,380 | 0.01% |
| 143 | AUTOMATIC DATA PROCESSING INC | ADP | 100 | $30,840 | 0.00% |
| 144 | BEYOND AIR INC | XAIR | 35,020 | $6,034 | 0.00% |