# Chevy Chase Trust Holdings, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1462020. Source: https://holderbook.com/funds/1462020-chevy-chase-trust-holdings-llc/

- Reported value: $38.8B
- Positions: 649
- Weight of the ten largest: 35.6%
- Filed: 2026-08-14

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 |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.9B | 14,572,074 | 7.5% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.6B | 8,858,856 | 6.6% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.6B | 4,291,848 | 4.1% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.4B | 5,879,504 | 3.6% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.3B | 3,546,433 | 3.3% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.1B | 3,179,428 | 2.9% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.0B | 2,683,718 | 2.6% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $657.1M | 1,313,109 | 1.7% | 31 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $635.0M | 550,116 | 1.6% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $618.6M | 1,889,723 | 1.6% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $600.3M | 1,065,744 | 1.5% | 31 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $573.0M | 1,362,410 | 1.5% | 27 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $467.0M | 389,384 | 1.2% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $459.3M | 1,338,826 | 1.2% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $458.8M | 789,756 | 1.2% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $405.2M | 400,606 | 1.0% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $364.7M | 389,886 | 0.9% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $322.2M | 1,268,799 | 0.8% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $320.8M | 2,297,844 | 0.8% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $285.4M | 394,679 | 0.7% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $273.6M | 2,001,102 | 0.7% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $266.0M | 613,753 | 0.7% | 7 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $244.9M | 1,616,612 | 0.6% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $242.7M | 2,142,845 | 0.6% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $241.1M | 226,408 | 0.6% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $233.5M | 1,988,013 | 0.6% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $232.9M | 560,346 | 0.6% | 31 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $232.2M | 116,714 | 0.6% | 25 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $222.3M | 883,270 | 0.6% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $211.1M | 411,006 | 0.5% | 31 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $201.8M | 406,303 | 0.5% | 31 |
| BANCO SANTANDER S.A. | [SAN](https://holderbook.com/stocks/SAN/) | $193.2M | 14,003,466 | 0.5% | 8 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $191.0M | 633,008 | 0.5% | 31 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $190.7M | 510,201 | 0.5% | 20 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $182.7M | 3,206,471 | 0.5% | 31 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $181.2M | 482,880 | 0.5% | 31 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $177.6M | 2,023,759 | 0.5% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $173.1M | 490,939 | 0.4% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $171.4M | 1,168,955 | 0.4% | 31 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $167.4M | 3,954,398 | 0.4% | 31 |
| NATERA INC | [NTRA](https://holderbook.com/stocks/NTRA/) | $162.8M | 599,856 | 0.4% | 10 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $162.6M | 71,522 | 0.4% | 3 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $162.0M | 1,033,709 | 0.4% | 31 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $160.4M | 1,172,080 | 0.4% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $160.2M | 1,971,425 | 0.4% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $157.1M | 1,222,498 | 0.4% | 31 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $154.4M | 131,460 | 0.4% | 9 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $152.9M | 922,214 | 0.4% | 31 |
| COGNEX CORP | [CGNX](https://holderbook.com/stocks/CGNX/) | $148.2M | 2,046,839 | 0.4% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $147.1M | 293,484 | 0.4% | 31 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $147.0M | 2,058,604 | 0.4% | 31 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $139.3M | 2,995,302 | 0.4% | 31 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $138.6M | 766,337 | 0.4% | 31 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $134.0M | 392,865 | 0.3% | 13 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $132.6M | 471,569 | 0.3% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $132.3M | 443,699 | 0.3% | 31 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $129.5M | 1,109,654 | 0.3% | 8 |
| ILLUMINA INC | [ILMN](https://holderbook.com/stocks/ILMN/) | $128.0M | 727,705 | 0.3% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $126.4M | 666,370 | 0.3% | 25 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $126.4M | 1,630,273 | 0.3% | 18 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $125.9M | 422,775 | 0.3% | 1 |
| MITSUBISHI UFJ FINANCIAL GRO | [MUFG](https://holderbook.com/stocks/MUFG/) | $124.8M | 6,274,113 | 0.3% | 11 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $123.7M | 843,832 | 0.3% | 31 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $122.8M | 1,485,960 | 0.3% | 31 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $122.2M | 584,785 | 0.3% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $121.7M | 162,535 | 0.3% | 31 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $120.1M | 302,036 | 0.3% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $116.5M | 224,430 | 0.3% | 14 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $116.3M | 830,979 | 0.3% | 31 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $112.9M | 541,560 | 0.3% | 31 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $112.8M | 1,493,851 | 0.3% | 21 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $112.2M | 1,509,900 | 0.3% | 31 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $111.6M | 179,056 | 0.3% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $107.3M | 792,108 | 0.3% | 31 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $106.5M | 166,752 | 0.3% | 31 |
| IMPINJ INC | [PI](https://holderbook.com/stocks/PI/) | $105.6M | 737,138 | 0.3% | 31 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $105.5M | 598,360 | 0.3% | 31 |
| BWX TECHNOLOGIES INC | [BWXT](https://holderbook.com/stocks/BWXT/) | $105.3M | 541,081 | 0.3% | 6 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $104.5M | 108,280 | 0.3% | 21 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $101.0M | 778,756 | 0.3% | 31 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $97.9M | 383,311 | 0.3% | 31 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $96.6M | 266,650 | 0.2% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $96.3M | 356,324 | 0.2% | 31 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $94.9M | 986,475 | 0.2% | 31 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $94.7M | 512,345 | 0.2% | 31 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $94.4M | 338,684 | 0.2% | 31 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $94.3M | 237,479 | 0.2% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $90.2M | 266,523 | 0.2% | 31 |
| ATMOS ENERGY CORP | [ATO](https://holderbook.com/stocks/ATO/) | $89.9M | 521,671 | 0.2% | 31 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $89.0M | 523,648 | 0.2% | 7 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $87.5M | 171,822 | 0.2% | 31 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $82.6M | 381,644 | 0.2% | 31 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $80.3M | 188,332 | 0.2% | 31 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $79.3M | 291,389 | 0.2% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $79.1M | 871,871 | 0.2% | 31 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $78.9M | 124,334 | 0.2% | 31 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $77.9M | 343,188 | 0.2% | 31 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $76.4M | 605,105 | 0.2% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $75.3M | 100,799 | 0.2% | 31 |
| NASDAQ INC | [NDAQ](https://holderbook.com/stocks/NDAQ/) | $75.0M | 951,883 | 0.2% | 31 |

## 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 | +14.1% | +14.8% | -0.7% | 100% |
| Q1 2026 | -4.3% | -4.6% | +0.3% | 100% |
| Q4 2025 | +2.7% | +2.4% | +0.4% | 100% |
| Q3 2025 | +8.1% | +7.8% | +0.3% | 100% |
| Q2 2025 | +10.1% | +10.5% | -0.4% | 100% |
| Q1 2025 | -4.5% | -4.6% | +0.1% | 100% |
| Q4 2024 | +1.7% | +2.1% | -0.4% | 100% |
| Q3 2024 | +5.2% | +5.4% | -0.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $38.8B | 649 |
| Q1 2026 | $34.7B | 642 |
| Q4 2025 | $37.0B | 638 |
| Q3 2025 | $36.3B | 628 |
| Q2 2025 | $34.4B | 633 |
| Q1 2025 | $31.3B | 633 |
| Q4 2024 | $32.8B | 633 |
| Q3 2024 | $32.6B | 626 |
| Q2 2024 | $31.3B | 613 |
| Q1 2024 | $30.6B | 612 |
| Q4 2023 | $27.9B | 622 |
| Q3 2023 | $25.3B | 620 |