# FIRST UNITED BANK & TRUST

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1214183. Source: https://holderbook.com/funds/1214183-first-united-bank-trust/

- Reported value: $347.6M
- Positions: 420
- Weight of the ten largest: 37.0%
- Filed: 2026-07-20

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $24.3M | 32,944 | 7.0% | 10 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $19.1M | 87,761 | 5.5% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $12.6M | 18,402 | 3.6% | 31 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $11.7M | 74,743 | 3.4% | 31 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $11.3M | 140,053 | 3.2% | 31 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $11.2M | 129,468 | 3.2% | 31 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $10.2M | 105,428 | 2.9% | 31 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $10.1M | 47,370 | 2.9% | 23 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $9.8M | 33,851 | 2.8% | 31 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $8.6M | 103,235 | 2.5% | 31 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $7.3M | 24,084 | 2.1% | 31 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $6.6M | 21,625 | 1.9% | 31 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $6.4M | 32,354 | 1.8% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $6.1M | 17,183 | 1.8% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $5.6M | 15,015 | 1.6% | 31 |
| FIDELITY MERRIMACK STR TR | [FBND](https://holderbook.com/stocks/FBND/) | $5.1M | 111,969 | 1.5% | 29 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $5.1M | 15,513 | 1.5% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $5.0M | 6,634 | 1.4% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $4.6M | 22,992 | 1.3% | 20 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $4.6M | 27,077 | 1.3% | 6 |
| FLEXSHARES TR | [HYGV](https://holderbook.com/stocks/HYGV/) | $4.5M | 111,774 | 1.3% | 12 |
| INVESCO EXCHANGE TRADED FD T | [SPGP](https://holderbook.com/stocks/SPGP/) | $4.4M | 36,039 | 1.3% | 14 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $4.4M | 5,864 | 1.3% | 31 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $3.6M | 28,950 | 1.0% | 31 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $3.6M | 14,137 | 1.0% | 31 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $3.4M | 14,084 | 1.0% | 31 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $3.1M | 28,495 | 0.9% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $3.1M | 26,205 | 0.9% | 31 |
| FLEXSHARES TR | [ESG](https://holderbook.com/stocks/ESG/) | $3.0M | 17,299 | 0.9% | 26 |
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $3.0M | 29,124 | 0.9% | 11 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.9M | 12,325 | 0.8% | 31 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $2.9M | 11,707 | 0.8% | 31 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $2.7M | 12,137 | 0.8% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $2.6M | 9,642 | 0.7% | 31 |
| PUTNAM ETF TRUST | [PVAL](https://holderbook.com/stocks/PVAL/) | $2.5M | 49,833 | 0.7% | 2 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $2.4M | 51,214 | 0.7% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $2.2M | 2,359 | 0.6% | 31 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $2.2M | 22,904 | 0.6% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $2.2M | 14,883 | 0.6% | 31 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $2.1M | 8,248 | 0.6% | 22 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $2.1M | 5,801 | 0.6% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $2.1M | 3,609 | 0.6% | 18 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $2.0M | 11,993 | 0.6% | 31 |
| M & T BK CORP | [MTB](https://holderbook.com/stocks/MTB/) | $2.0M | 8,312 | 0.6% | 31 |
| PGIM ETF TR | [PULS](https://holderbook.com/stocks/PULS/) | $1.9M | 39,150 | 0.6% | 14 |
| DIMENSIONAL ETF TRUST | [DFIS](https://holderbook.com/stocks/DFIS/) | $1.9M | 55,130 | 0.6% | 1 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $1.9M | 12,435 | 0.5% | 10 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.9M | 3,680 | 0.5% | 31 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $1.8M | 2,435 | 0.5% | 8 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $1.7M | 8,877 | 0.5% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.7M | 6,585 | 0.5% | 31 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $1.7M | 1,413 | 0.5% | 9 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $1.5M | 5,604 | 0.4% | 29 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $1.5M | 20,184 | 0.4% | 31 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $1.5M | 4,008 | 0.4% | 11 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.5M | 10,760 | 0.4% | 31 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $1.4M | 3,952 | 0.4% | 31 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $1.3M | 3,339 | 0.4% | 23 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.3M | 11,341 | 0.4% | 11 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $1.3M | 30,222 | 0.4% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $1.2M | 8,841 | 0.3% | 31 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $1.2M | 10,852 | 0.3% | 31 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $1.2M | 5,268 | 0.3% | 1 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $1.2M | 5,268 | 0.3% | 1 |
| PGIM ETF TR | [PMIO](https://holderbook.com/stocks/PMIO/) | $1.2M | 22,760 | 0.3% | 3 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $1.2M | 4,162 | 0.3% | 31 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $1.1M | 12,153 | 0.3% | 31 |
| FIDELITY COVINGTON TRUST | [FBCG](https://holderbook.com/stocks/FBCG/) | $1.1M | 17,811 | 0.3% | 7 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.1M | 3,113 | 0.3% | 25 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $1.1M | 10,547 | 0.3% | 11 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.1M | 905 | 0.3% | 23 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.0M | 2,094 | 0.3% | 31 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $1.0M | 5,435 | 0.3% | 31 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.0M | 2,454 | 0.3% | 14 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $1.0M | 8,690 | 0.3% | 28 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $1.0M | 4,584 | 0.3% | 31 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $977.5K | 3,240 | 0.3% | 11 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $957.3K | 10,550 | 0.3% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $951.0K | 893 | 0.3% | 11 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $933.8K | 3,852 | 0.3% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $923.7K | 2,619 | 0.3% | 31 |
| INVESCO EXCH TRADED FD TR II | [BKLN](https://holderbook.com/stocks/BKLN/) | $899.0K | 44,134 | 0.3% | 11 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $883.6K | 6,035 | 0.3% | 31 |
| VANECK ETF TRUST | [HYD](https://holderbook.com/stocks/HYD/) | $859.8K | 16,691 | 0.2% | 22 |
| WEC ENERGY GROUP INC | [WEC](https://holderbook.com/stocks/WEC/) | $850.1K | 7,280 | 0.2% | 5 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $840.2K | 1,112 | 0.2% | 11 |
| ISHARES TR | [FLOT](https://holderbook.com/stocks/FLOT/) | $832.4K | 16,305 | 0.2% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $798.9K | 2,841 | 0.2% | 31 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $789.8K | 41,310 | 0.2% | 11 |
| GLOBE LIFE INC | [GL](https://holderbook.com/stocks/GL/) | $754.9K | 4,225 | 0.2% | 6 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $738.6K | 8,415 | 0.2% | 25 |
| PACKAGING CORP AMER | [PKG](https://holderbook.com/stocks/PKG/) | $731.3K | 3,069 | 0.2% | 6 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $725.0K | 1,287 | 0.2% | 14 |
| ERIE INDTY CO | [ERIE](https://holderbook.com/stocks/ERIE/) | $719.2K | 3,000 | 0.2% | 17 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $707.0K | 8,554 | 0.2% | 11 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $697.0K | 9,783 | 0.2% | 13 |
| REPUBLIC SVCS INC | [RSG](https://holderbook.com/stocks/RSG/) | $600.9K | 2,820 | 0.2% | 11 |
| ATLANTIC UN BANKSHARES CORP | [AUB](https://holderbook.com/stocks/AUB/) | $594.5K | 14,052 | 0.2% | 5 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $590.0K | 11,843 | 0.2% | 11 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $571.2K | 1,675 | 0.2% | 11 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +11.6% | +14.8% | -3.2% | 100% |
| Q1 2026 | -2.2% | -4.6% | +2.5% | 100% |
| Q4 2025 | +0.9% | +2.4% | -1.4% | 100% |
| Q3 2025 | +6.7% | +7.8% | -1.2% | 100% |
| Q2 2025 | +7.4% | +10.5% | -3.1% | 100% |
| Q1 2025 | -3.4% | -4.6% | +1.2% | 100% |
| Q4 2024 | -0.0% | +2.1% | -2.2% | 100% |
| Q3 2024 | +6.5% | +5.4% | +1.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $347.6M | 420 |
| Q1 2026 | $307.9M | 395 |
| Q4 2025 | $313.3M | 394 |
| Q3 2025 | $308.1M | 419 |
| Q2 2025 | $286.9M | 388 |
| Q1 2025 | $267.7M | 402 |
| Q4 2024 | $275.3M | 377 |
| Q3 2024 | $278.3M | 380 |
| Q2 2024 | $268.7M | 402 |
| Q1 2024 | $270.1M | 415 |
| Q4 2023 | $250.3M | 438 |
| Q3 2023 | $215.0M | 140 |