Grove Bank & Trust
Long book
$884.4M
Q1 2026
Positions
856
Top-10 weight
37%
concentration
Last quarter
+10.7%
SPY +14.8%
Turnover
10%
of book per quarter
Strategy in plain words
auto-generated from filingsGrove Bank & Trust is a wealth-management firm allocating client money, running a $884.4M US long book across 856 positions.
The portfolio is moderately concentrated (top 10 ≈ 37% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD S&P 500 ETF, APPLE INC, ISHARES CORE S&P MIDCAP ETF, ISHARES CORE S&P SMALL-CAP E, ISHARES CORE MSCI EAFE ETF.
Over the last 9 quarters its long book ran on average 0.9pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.4%
Q2 2024
+6.0%
Q3 2024
+0.9%
Q4 2024
-3.1%
Q1 2025
+7.3%
Q2 2025
+7.0%
Q3 2025
+2.8%
Q4 2025
-1.3%
Q1 2026
+10.7%
Sector allocation
Technology 41%
Consumer discretionary 11%
Financials 11%
Industrials 9%
Healthcare 9%
Services media 6%
Energy 6%
Consumer staples 2%
Long book by quarter
What does Grove Bank own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 161.6K | $41.0M | 4.6% | -1.8% |
| NVDA NVIDIA CORP | Technology | 112.1K | $19.6M | 2.2% | -2.3% |
| MSFT MICROSOFT CORP | Technology | 34.8K | $12.9M | 1.5% | -2.0% |
| GOOGL ALPHABET INC-CL A | Technology | 42.8K | $12.3M | 1.4% | +5.8% |
| AMZN AMAZON.COM INC | Consumer discretionary | 58.0K | $12.1M | 1.4% | -5.4% |
| XOM EXXON MOBIL CORP | Energy | 61.0K | $10.4M | 1.2% | -0.3% |
| JPM JPMORGAN CHASE & CO | Financials | 30.4K | $8.9M | 1.0% | +2.5% |
| GOOG ALPHABET INC-CL C | Technology | 27.0K | $7.7M | 0.9% | -4.6% |
| LLY ELI LILLY & CO | Healthcare | 7.6K | $7.0M | 0.8% | -3.7% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 6.9K | $6.9M | 0.8% | +1.4% |
| META META PLATFORMS INC-CLASS A | Technology | 10.9K | $6.3M | 0.7% | +13.0% |
| V VISA INC-CLASS A SHARES | Services media | 16.5K | $5.0M | 0.6% | +2.7% |
| AVGO BROADCOM INC | Technology | 15.2K | $4.7M | 0.5% | -8.4% |
| TSLA TESLA INC | Industrials | 11.4K | $4.3M | 0.5% | +25.3% |
| CVX CHEVRON CORP | Energy | 19.7K | $4.1M | 0.5% | -9.1% |
| AN AUTONATION INC | Consumer discretionary | 20.0K | $3.9M | 0.4% | Held |
| BAC BANK OF AMERICA CORP | Financials | 76.5K | $3.7M | 0.4% | +0.1% |
| ABBV ABBVIE INC | Healthcare | 15.4K | $3.4M | 0.4% | +3.5% |
| JNJ JOHNSON & JOHNSON | Healthcare | 13.7K | $3.3M | 0.4% | +1.6% |
| MA MASTERCARD INC - A | Services media | 6.7K | $3.3M | 0.4% | -9.3% |
| ORCL ORACLE CORP | Technology | 22.1K | $3.2M | 0.4% | -19.0% |
| HD HOME DEPOT INC | Consumer discretionary | 9.3K | $3.1M | 0.3% | +5.8% |
| AMAT APPLIED MATERIALS INC | Technology | 8.7K | $3.0M | 0.3% | +2.0% |
| NFLX NETFLIX INC | Services media | 29.9K | $2.9M | 0.3% | +17.2% |
| WMT WALMART INC | Consumer discretionary | 21.8K | $2.7M | 0.3% | +2.5% |
| DIS WALT DISNEY CO/THE | Services media | 26.4K | $2.5M | 0.3% | +8.1% |
| SHOP SHOPIFY INC - CLASS A | Technology | 21.4K | $2.5M | 0.3% | +1.2% |
| MU MICRON TECHNOLOGY INC | Technology | 7.5K | $2.5M | 0.3% | -1.4% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 5.1K | $2.5M | 0.3% | +6.3% |
| PG PROCTER & GAMBLE CO/THE | Other | 16.3K | $2.4M | 0.3% | -0.4% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 8.9K | $2.2M | 0.2% | -1.2% |
| AXP AMERICAN EXPRESS CO | Financials | 7.0K | $2.1M | 0.2% | +14.7% |
| ABT ABBOTT LABORATORIES | Healthcare | 20.5K | $2.1M | 0.2% | -23.5% |
| PEP PEPSICO INC | Consumer staples | 12.4K | $1.9M | 0.2% | +10.7% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 8.5K | $1.9M | 0.2% | +12.4% |
| COP CONOCOPHILLIPS | Energy | 13.6K | $1.8M | 0.2% | -0.5% |
| BA BOEING CO/THE | Industrials | 9.0K | $1.8M | 0.2% | +27.3% |
| MRK MERCK & CO. INC. | Healthcare | 14.8K | $1.8M | 0.2% | -0.4% |
| NEE NEXTERA ENERGY INC | Utilities | 17.9K | $1.7M | 0.2% | -2.3% |
| TXN TEXAS INSTRUMENTS INC | Technology | 8.4K | $1.6M | 0.2% | +3.3% |
| TT TRANE TECHNOLOGIES PLC | Technology | 3.8K | $1.6M | 0.2% | -0.2% |
| ETN EATON CORP PLC | Industrials | 4.4K | $1.6M | 0.2% | Held |
| REGN REGENERON PHARMACEUTICALS | Healthcare | 2.0K | $1.6M | 0.2% | +21.9% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 8.9K | $1.5M | 0.2% | Held |
| RTX RTX CORP | Industrials | 7.4K | $1.4M | 0.2% | -23.1% |
| DE DEERE & CO | Industrials | 2.5K | $1.4M | 0.2% | +8.1% |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 2.8K | $1.3M | 0.1% | -3.1% |
| SBUX STARBUCKS CORP | Consumer discretionary | 14.2K | $1.3M | 0.1% | -1.1% |
| TJX TJX COMPANIES INC | Consumer discretionary | 7.8K | $1.2M | 0.1% | -1.6% |
| AMD ADVANCED MICRO DEVICES | Technology | 6.0K | $1.2M | 0.1% | -0.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 8, 2026 | 1007 | $884.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 8, 2026 | 975 | $889.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 6, 2025 | 953 | $854.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 11, 2025 | 979 | $801.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 17, 2025 | 970 | $748.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 16, 2025 | 873 | $720.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 11, 2024 | 820 | $677.0M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 24, 2024 | 626 | $623.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 30, 2024 | 636 | $593.7M | canonical | SEC ↗ |