Chevy Chase Trust Holdings, LLC
Long book
$34.71B
Q1 2026
Positions
642
Top-10 weight
36%
concentration
Last quarter
+14.5%
SPY +14.8%
Turnover
6%
of book per quarter
Strategy in plain words
auto-generated from filingsChevy Chase Trust Holdings, LLC is an institutional manager, running a $34.71B US long book across 642 positions.
The portfolio is moderately concentrated (top 10 ≈ 36% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, AMAZON.COM INC, ALPHABET INC-CL A.
Over the last 9 quarters its long book ran on average 0pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+4.6%
Q2 2024
+5.6%
Q3 2024
+2.1%
Q4 2024
-4.2%
Q1 2025
+10.5%
Q2 2025
+8.4%
Q3 2025
+3.1%
Q4 2025
-4.0%
Q1 2026
+14.5%
Sector allocation
Technology 41%
Financials 12%
Industrials 10%
Consumer discretionary 9%
Healthcare 8%
Services media 5%
Utilities 4%
Energy 3%
Long book by quarter
What does Chevy Chase own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 14.9M | $2.60B | 7.5% | -2.9% |
| AAPL APPLE INC | Technology | 9.0M | $2.28B | 6.6% | -2.9% |
| MSFT MICROSOFT CORP | Technology | 4.4M | $1.62B | 4.7% | -3.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 6.0M | $1.24B | 3.6% | -2.2% |
| GOOGL ALPHABET INC-CL A | Technology | 3.6M | $1.03B | 3.0% | -3.8% |
| GOOG ALPHABET INC-CL C | Technology | 3.2M | $918.8M | 2.6% | -2.7% |
| AVGO BROADCOM INC | Technology | 2.7M | $836.5M | 2.4% | -0.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.3M | $640.6M | 1.8% | -2.6% |
| META META PLATFORMS INC-CLASS A | Technology | 1.1M | $619.8M | 1.8% | -2.4% |
| JPM JPMORGAN CHASE & CO | Financials | 1.9M | $569.7M | 1.6% | -3.6% |
| TSLA TESLA INC | Industrials | 1.4M | $516.2M | 1.5% | -2.7% |
| V VISA INC-CLASS A SHARES | Services media | 1.4M | $417.1M | 1.2% | -2.4% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 394.2K | $392.8M | 1.1% | +0.2% |
| XOM EXXON MOBIL CORP | Energy | 2.2M | $368.2M | 1.1% | -4.1% |
| LLY ELI LILLY & CO | Healthcare | 397.9K | $366.0M | 1.1% | -3.1% |
| GS GOLDMAN SACHS GROUP INC | Financials | 417.1K | $352.9M | 1.0% | -6.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.3M | $319.2M | 0.9% | -3.6% |
| WMT WALMART INC | Consumer discretionary | 2.2M | $271.5M | 0.8% | -2.8% |
| TJX TJX COMPANIES INC | Consumer discretionary | 1.6M | $253.4M | 0.7% | -0.8% |
| MA MASTERCARD INC - A | Services media | 424.9K | $212.3M | 0.6% | -3.1% |
| NFLX NETFLIX INC | Services media | 2.1M | $202.6M | 0.6% | -3.1% |
| ABBV ABBVIE INC | Healthcare | 904.4K | $196.7M | 0.6% | -2.7% |
| CVX CHEVRON CORP | Energy | 941.6K | $194.8M | 0.6% | -3.8% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 3.9M | $193.6M | 0.6% | +5.0% |
| NEE NEXTERA ENERGY INC | Utilities | 2.0M | $189.9M | 0.5% | -0.6% |
| MU MICRON TECHNOLOGY INC | Technology | 560.0K | $189.2M | 0.5% | -2.6% |
| VRTX VERTEX PHARMACEUTICALS INC | Healthcare | 407.6K | $182.0M | 0.5% | -0.2% |
| PG PROCTER & GAMBLE CO/THE | Other | 1.2M | $172.0M | 0.5% | -3.3% |
| CAT CATERPILLAR INC | Industrials | 233.1K | $165.1M | 0.5% | -3.9% |
| HD HOME DEPOT INC | Consumer discretionary | 501.3K | $164.9M | 0.5% | -2.7% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 1.1M | $164.8M | 0.5% | -2.9% |
| AMD ADVANCED MICRO DEVICES | Technology | 804.5K | $163.7M | 0.5% | -2.7% |
| BAC BANK OF AMERICA CORP | Financials | 3.3M | $162.4M | 0.5% | -4.2% |
| CSCO CISCO SYSTEMS INC | Technology | 2.1M | $160.8M | 0.5% | -2.5% |
| REGN REGENERON PHARMACEUTICALS | Healthcare | 205.8K | $159.0M | 0.5% | +2.5% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 117.1K | $154.7M | 0.4% | -2.0% |
| AEP AMERICAN ELECTRIC POWER | Utilities | 1.2M | $153.7M | 0.4% | -1.0% |
| UNH UNITEDHEALTH GROUP INC | Financials | 564.3K | $152.7M | 0.4% | -4.8% |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 330.8K | $152.5M | 0.4% | -4.8% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 310.0K | $152.4M | 0.4% | +3.2% |
| KO COCA-COLA CO/THE | Consumer staples | 2.0M | $152.1M | 0.4% | -2.9% |
| MRK MERCK & CO. INC. | Healthcare | 1.3M | $150.7M | 0.4% | -3.0% |
| GE GENERAL ELECTRIC | Industrials | 523.1K | $148.5M | 0.4% | -3.4% |
| AMAT APPLIED MATERIALS INC | Technology | 412.6K | $141.0M | 0.4% | -6.2% |
| SLB SLB LTD | Energy | 2.7M | $137.6M | 0.4% | +12.3% |
| CDNS CADENCE DESIGN SYS INC | Technology | 485.1K | $134.8M | 0.4% | -0.9% |
| LRCX LAM RESEARCH CORP | Industrials | 624.5K | $133.4M | 0.4% | -3.4% |
| FNV FRANCO-NEVADA CORP | Materials | 530.1K | $131.0M | 0.4% | +9.2% |
| RTX RTX CORP | Industrials | 677.3K | $130.7M | 0.4% | -2.5% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 773.5K | $127.9M | 0.4% | -2.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 1154 | $34.71B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 1152 | $37.02B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 1144 | $36.35B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 29, 2025 | 1147 | $34.38B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 23, 2025 | 1146 | $31.27B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 30, 2025 | 1146 | $32.85B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 1139 | $32.63B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 22, 2024 | 1123 | $31.34B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 3, 2024 | 1122 | $30.56B | canonical | SEC ↗ |
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