Chevy Chase Trust Holdings, LLC — 13F Holdings & Portfolio

CIK 1462020 · latest 13F-HR filed 2026-08-14

Chevy Chase Trust Holdings, LLC manages $38.78B in 13F-reported U.S. long-equity assets across 1,160 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are NVDA (7.32%), AAPL (6.41%), MSFT (3.99%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 30 new positions and exited 23; 304 existing positions rose in reported value and 170 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM
$38.78B

Long-equity book

Holdings
1,160

Distinct positions

Period
2026-06-30

Filed 2026-08-14

Q/Q Activity
+30 / −23 / ↑304 / ↓170

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 35.6%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 31, 2026.

Assets Under Management
$44.93B
Discretionary
$44.93B
Employees
119
Accounts
5,097
Address
7501 WISCONSIN AVENUE
15TH FLOOR
BETHESDA, MD 20814
Phone
(240) 497-5000
Name Title / Status Ownership Type
CHEVY CHASE TRUST HOLDINGS, LLC ControlOWNER
since Feb 2009
75% or moreDomestic Entity
CLANCY, GEORGE, PATRICK ControlDIRECTOR
since Jul 2010
Less than 5%Individual
DUNCAN, PAUL, ROY ControlCHIEF COMPLIANCE OFFICER
since Jan 2005
Less than 5%Individual
FRIEDMAN, JOEL, ALBERT ControlCHIEF FINANCIAL OFFICER
since Mar 2010
Less than 5%Individual
GROSVENOR, GILBERT, MELVILLE ControlDIRECTOR
since Jan 2010
Less than 5%Individual
Heilenday, Kevin, M. ControlGENERAL COUNSEL
since Jan 2024
Less than 5%Individual
MCSWEENY, WILLIAM, F (MI ONLY) ControlDIRECTOR
since Nov 1997
Less than 5%Individual
PANAGOS, LYNN, M. ControlCHIEF OPERATING OFFICER
since Jul 2012
Less than 5%Individual
PLATTS, HOWARD, GREGORY ControlDIRECTOR
since Mar 2009
Less than 5%Individual
Powell, Earl, Alexander ControlDIRECTOR
since Apr 2018
Less than 5%Individual
SAUL, BERNARD, FRANCIS II ControlCHAIRMAN OF THE BOARD OF DIRECTORS AND DIRECTOR
since Nov 1997
Less than 5%Individual
SAUL, PATRICIA ControlVICE CHAIR OF THE BOARD OF DIRECTORS AND DIRECTOR
since Mar 2022
Less than 5%Individual
WHITAKER, JOHN, JEFFREY ControlPRESIDENT, CEO AND DIRECTOR
since Jan 2021
Less than 5%Individual
WHITE, WENDELIN, ANITA ControlDIRECTOR
since Dec 2011
Less than 5%Individual
CHEVY CHASE HOLDINGS, INC. Control
Indirect owner via WESTMINSTER INVESTING, LLC
OWNER
since Feb 2009
75% or moreDomestic Entity
SAUL, BERNARD, FRANCIS II Control
Indirect owner via CHEVY CHASE HOLDINGS, INC.
OWNER
since Feb 2009
75% or moreIndividual
WESTMINSTER INVESTING, LLC Control
Indirect owner via CHEVY CHASE TRUST HOLDINGS, LLC
OWNER
since Feb 2009
75% or moreDomestic Entity
Ownership & leadership changes · 16 filings with changes since Mar 29, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 31, 2025 filing
  • ChangedPANAGOS, LYNN, M. · now a control person
  • ChangedSAUL, BERNARD, FRANCIS II · title CHAIRMAN OF THE BOARD OF DIRECTORS → CHAIRMAN OF THE BOARD OF DIRECTORS AND DIRECTOR
  • ChangedSAUL, PATRICIA · title VICE CHAIR → VICE CHAIR OF THE BOARD OF DIRECTORS AND DIRECTOR
  • ChangedWHITAKER, JOHN, JEFFREY · title PRESIDENT & CEO → PRESIDENT, CEO AND DIRECTOR
Aug 19, 2024 filing
  • No longer listedWELBER, PETER, MICHAEL · DIRECTOR · Less than 5% · control person · listed since Mar 2023
Jan 12, 2024 filing
  • No longer listedKEARNS, CHRISTINE, NICOLAIDES · VICE CHAIR & GENERAL COUNSEL · Less than 5% · control person · listed since Jun 2014
  • AddedHeilenday, Kevin, M. · GENERAL COUNSEL · Less than 5% · control person
  • ChangedSAUL, PATRICIA · title DIRECTOR → VICE CHAIR
  • ChangedWELBER, PETER, MICHAEL · title VICE CHAIR → DIRECTOR
Mar 30, 2023 filing
  • No longer listedCHEVY CHASE HOLDINGS, LLC · OWNER · 75% or more · indirect via WESTMINSTER INVESTING CORPORATION · control person · listed since Feb 2009
  • No longer listedSAUL, BERNARD, FRANCIS II · OWNER · 75% or more · indirect via CHEVY CHASE HOLDINGS, LLC · control person · listed since Feb 2009
  • No longer listedWESTMINSTER INVESTING CORPORATION · OWNER · 75% or more · indirect via CHEVY CHASE TRUST HOLDINGS LLC · control person · listed since Feb 2009
  • AddedCHEVY CHASE HOLDINGS, INC. · OWNER · 75% or more · indirect via WESTMINSTER INVESTING, LLC · control person
  • AddedWESTMINSTER INVESTING, LLC · OWNER · 75% or more · indirect via CHEVY CHASE TRUST HOLDINGS, LLC · control person
  • Listed againSAUL, BERNARD, FRANCIS II · OWNER · 75% or more · indirect via CHEVY CHASE HOLDINGS, INC. · control person
Jan 13, 2021 filing
  • AddedWHITAKER, JOHN, JEFFREY · PRESIDENT & CEO · Less than 5% · control person
  • ChangedWELBER, PETER, MICHAEL · title PRESIDENT, CEO AND DIRECTOR → VICE CHAIR
May 17, 2019 filing
  • No longer listedLEFFALL, LASALLE, DOHENY · DIRECTOR · Less than 5% · control person · listed since Jun 2009
  • No longer listedSAUL, BERNARD, FRANCIS II · OWNER · 75% or more · indirect via SAUL, BERNARD, FRANCIS II · control person · listed since Feb 2009
  • Listed againSAUL, BERNARD, FRANCIS II · OWNER · 75% or more · indirect via CHEVY CHASE HOLDINGS, LLC · control person
Mar 29, 2019 filing
  • No longer listedCHEVY CHASE TRUST HOLDING, LLC · OWNER · 75% or more · indirect via CHEVY CHASE TRUST COMPANY · control person · listed since Feb 2009
  • No longer listedSAUL, BERNARD, FRANCIS II · OWNER · 75% or more · indirect via CHEVY CHASE HOLDINGS, LLC · control person · listed since Feb 2009
  • AddedPANAGOS, LYNN, M. · CHIEF OPERATING OFFICER · Less than 5%
  • AddedSAUL, BERNARD, FRANCIS II · OWNER · 75% or more · indirect via SAUL, BERNARD, FRANCIS II · control person
Dec 18, 2018 filing
  • No longer listedFATZINGER, WALTER, ROBERT · DIRECTOR · Less than 5% · control person · listed since Mar 1999
  • No longer listedSAUL III, BERNARD, FRANCIS · DIRECTOR · Less than 5% · control person · listed since Dec 2009
  • AddedSAUL, PATRICIA · DIRECTOR · Less than 5% · control person
Apr 27, 2018 filing
  • AddedPowell, Earl, Alexander · DIRECTOR · Less than 5% · control person
Mar 31, 2017 filing
  • No longer listedCHEVY CHASE HOLDINGS, INC. · OWNER · 75% or more · indirect via WESTMINSTER INVESTING CORPORATION · control person · listed since Feb 2009
  • No longer listedCHEVY CHASE TRUST HOLDING, INC. · OWNER · 75% or more · indirect via CHEVY CHASE TRUST COMPANY · control person · listed since Feb 2009
  • No longer listedCHEVY CHASE TRUST HOLDINGS INC. · OWNER · 75% or more · control person · listed since Feb 2009
  • No longer listedSAUL, BERNARD, FRANCIS II · OWNER · 75% or more · indirect via CHEVY CHASE HOLDINGS, INC. · control person · listed since Feb 2009
  • No longer listedWESTMINSTER INVESTING CORPORATION · OWNER · 75% or more · indirect via CHEVY CHASE TRUST HOLDINGS, INC. · control person · listed since Feb 2009
  • AddedCHEVY CHASE HOLDINGS, LLC · OWNER · 75% or more · indirect via WESTMINSTER INVESTING CORPORATION · control person
  • AddedCHEVY CHASE TRUST HOLDING, LLC · OWNER · 75% or more · indirect via CHEVY CHASE TRUST COMPANY · control person
  • AddedCHEVY CHASE TRUST HOLDINGS, LLC · OWNER · 75% or more · control person
  • AddedSAUL, BERNARD, FRANCIS II · OWNER · 75% or more · indirect via CHEVY CHASE HOLDINGS, LLC · control person
  • AddedWESTMINSTER INVESTING CORPORATION · OWNER · 75% or more · indirect via CHEVY CHASE TRUST HOLDINGS LLC · control person
Older changes (7 more filings)
Jul 18, 2016 filing
  • No longer listedFERKO, ALLISON, ANN · CHIEF LEGAL OFFICER · Less than 5% · control person · listed since Nov 1997
  • ChangedKEARNS, CHRISTINE, NICOLAIDES · title VICE CHAIR → VICE CHAIR & GENERAL COUNSEL
Mar 29, 2016 filing
  • AddedCHEVY CHASE TRUST HOLDING, INC. · OWNER · 75% or more · indirect via CHEVY CHASE TRUST COMPANY · control person
Jul 1, 2014 filing
  • AddedKEARNS, CHRISTINE, NICOLAIDES · VICE CHAIR · Less than 5% · control person
May 28, 2014 filing
  • No longer listedMCCORMICK, THOMAS, HAMMOND · DIRECTOR · Less than 5% · control person · listed since Jun 2005
Mar 31, 2014 filing
  • No longer listedCHEVY CHASE PROPERTY COMPANY · OWNER · 75% or more · indirect via WESTMINSTER INVESTING CORPORATION · control person · listed since Feb 2009
  • No longer listedSAUL, BERNARD, FRANCIS II · OWNER · 75% or more · indirect via CHEVY CHASE PROPERTY COMPANY · control person · listed since Feb 2009
  • AddedCHEVY CHASE HOLDINGS, INC. · OWNER · 75% or more · indirect via WESTMINSTER INVESTING CORPORATION · control person
  • AddedSAUL, BERNARD, FRANCIS II · OWNER · 75% or more · indirect via CHEVY CHASE HOLDINGS, INC. · control person
Mar 28, 2013 filing
  • No longer listedFRANK, THOMAS, DAVID · CHIEF INVESTMENT OFFICER · Less than 5% · control person · listed since Apr 2008
Mar 29, 2012 filing (earliest on record)
  • ListedCHEVY CHASE PROPERTY COMPANY · OWNER · 75% or more · indirect via WESTMINSTER INVESTING CORPORATION · control person
  • ListedCHEVY CHASE TRUST HOLDINGS INC. · OWNER · 75% or more · control person
  • ListedCLANCY, GEORGE, PATRICK · DIRECTOR · Less than 5% · control person
  • ListedDUNCAN, PAUL, ROY · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ListedFATZINGER, WALTER, ROBERT · DIRECTOR · Less than 5% · control person
  • ListedFERKO, ALLISON, ANN · CHIEF LEGAL OFFICER · Less than 5% · control person
  • ListedFRANK, THOMAS, DAVID · CHIEF INVESTMENT OFFICER · Less than 5% · control person
  • ListedFRIEDMAN, JOEL, ALBERT · CHIEF FINANCIAL OFFICER · Less than 5% · control person
  • ListedGROSVENOR, GILBERT, MELVILLE · DIRECTOR · Less than 5% · control person
  • ListedLEFFALL, LASALLE, DOHENY · DIRECTOR · Less than 5% · control person
  • ListedMCCORMICK, THOMAS, HAMMOND · DIRECTOR · Less than 5% · control person
  • ListedMCSWEENY, WILLIAM, F (MI ONLY) · DIRECTOR · Less than 5% · control person
  • ListedPLATTS, HOWARD, GREGORY · DIRECTOR · Less than 5% · control person
  • ListedSAUL III, BERNARD, FRANCIS · DIRECTOR · Less than 5% · control person
  • ListedSAUL, BERNARD, FRANCIS II · CHAIRMAN OF THE BOARD OF DIRECTORS · Less than 5% · control person
  • ListedSAUL, BERNARD, FRANCIS II · OWNER · 75% or more · indirect via CHEVY CHASE PROPERTY COMPANY · control person
  • ListedWELBER, PETER, MICHAEL · PRESIDENT, CEO AND DIRECTOR · Less than 5% · control person
  • ListedWESTMINSTER INVESTING CORPORATION · OWNER · 75% or more · indirect via CHEVY CHASE TRUST HOLDINGS, INC. · control person
  • ListedWHITE, WENDELIN, ANITA · DIRECTOR · Less than 5% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Chevy Chase Trust Holdings, LLC Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 NVIDIA CORPORATION NVDA 67066G104 $2.84B 7.32% 14,191,317 SH
2 APPLE INC AAPL 037833100 $2.49B 6.41% 8,589,923 SH
3 MICROSOFT CORP MSFT 594918104 $1.55B 3.99% 4,153,146 SH
4 AMAZON COM INC AMZN 023135106 $1.36B 3.52% 5,725,618 SH
5 ALPHABET INC GOOGL 02079K305 $1.23B 3.18% 3,454,253 SH
6 ALPHABET INC GOOG 02079K107 $1.08B 2.80% 3,069,634 SH
7 BROADCOM INC AVGO 11135F101 $985.7M 2.54% 2,609,288 SH
8 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $636.1M 1.64% 1,271,277 SH
9 MICRON TECHNOLOGY INC MU 595112103 $614.5M 1.58% 532,388 SH
10 JPMORGAN CHASE & CO JPM 46625H100 $604.8M 1.56% 1,847,600 SH
11 META PLATFORMS INC META 30303M102 $580.9M 1.50% 1,031,221 SH
12 TESLA INC TSLA 88160R101 $554.4M 1.43% 1,318,152 SH
13 ELI LILLY & CO LLY 532457108 $452.1M 1.17% 376,948 SH
14 VISA INC V 92826C839 $450.4M 1.16% 1,312,734 SH
15 ADVANCED MICRO DEVICES INC AMD 007903107 $443.9M 1.14% 764,122 SH
16 GOLDMAN SACHS GROUP INC GS 38141G104 $392.9M 1.01% 388,497 SH
17 COSTCO WHOLESALE CORPORATION COST 22160K105 $358.2M 0.92% 382,912 SH
18 JOHNSON & JOHNSON JNJ 478160104 $312.6M 0.81% 1,230,957 SH
19 INTEL CORP INTC 458140100 $310.5M 0.80% 2,223,574 SH
20 EXXON MOBIL CORP XOM 30231G102 $273.6M 0.71% 2,001,102 SH
21 APPLIED MATLS INC AMAT 038222105 $268.9M 0.69% 371,884 SH
22 LAM RESEARCH CORP LRCX 512807306 $257.4M 0.66% 594,093 SH
23 TJX COS INC NEW TJX 872540109 $242.3M 0.62% 1,599,228 SH
24 WALMART INC WMT 931142103 $234.9M 0.61% 2,073,926 SH
25 CATERPILLAR INC CAT 149123101 $233.4M 0.60% 219,168 SH
26 ASML HLDG NV ASML N07059210 $232.2M 0.60% 116,714 SH
27 UNITEDHEALTH GROUP INC UNH 91324P102 $227.0M 0.59% 546,069 SH
28 CISCO SYS INC CSCO 17275R102 $219.5M 0.57% 1,868,455 SH
29 ABBVIE INC ABBV 00287Y109 $215.3M 0.56% 855,494 SH
30 MASTERCARD INCORPORATED MA 57636Q104 $204.6M 0.53% 398,322 SH
31 VERTEX PHARMACEUTICALS INC VRTX 92532F100 $199.8M 0.52% 402,313 SH
32 BANCO SANTANDER SA SAN 05964H105 $193.2M 0.50% 14,003,466 SH
33 KLA CORP KLAC 482480100 $184.8M 0.48% 612,473 SH
34 GE AEROSPACE GE 369604301 $184.5M 0.48% 493,799 SH
35 CADENCE DESIGN SYSTEM INC CDNS 127387108 $179.6M 0.46% 478,544 SH
36 BANK OF AMER CORP BAC 060505104 $176.9M 0.46% 3,103,835 SH
37 NEXTERA ENERGY INC NEE 65339F101 $174.7M 0.45% 1,990,977 SH
38 HOME DEPOT INC HD 437076102 $167.6M 0.43% 475,280 SH
39 PROCTER & GAMBLE CO PG 742718109 $166.0M 0.43% 1,132,348 SH
40 NATERA INC NTRA 632307104 $162.8M 0.42% 599,856 SH
41 NOVARTIS AG NVS 66987V109 $162.0M 0.42% 1,033,709 SH
42 VERIZON COMMUNICATIONS INC VZ 92343V104 $160.1M 0.41% 3,781,378 SH
43 AMERICAN ELEC PWR CO INC AEP 025537101 $159.2M 0.41% 1,163,526 SH
44 SANDISK CORP SNDK 80004C200 $157.3M 0.41% 69,194 SH
45 COCA COLA CO KO 191216100 $155.3M 0.40% 1,910,551 SH
46 MERCK & CO INC MRK 58933Y105 $152.1M 0.39% 1,183,671 SH
47 GE VERNOVA INC GEV 36828A101 $149.5M 0.39% 127,235 SH
48 COGNEX CORP CGNX 192422103 $148.2M 0.38% 2,046,839 SH
49 CHEVRON CORPORATION CVX 166764100 $148.0M 0.38% 892,784 SH
50 THERMO FISHER SCIENTIFIC INC TMO 883556102 $144.2M 0.37% 287,641 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $38.78B 1,160 0001462020-26-000006
2026-03-31 2026-05-15 $34.71B 1,154 0001462020-26-000004
2025-12-31 2026-02-13 $37.02B 1,152 0001462020-26-000002
2025-09-30 2025-11-14 $36.35B 1,144 0001462020-25-000006
Filer Information
Address
7501 WISCONSIN AVENUE
SUITE 1500W
BETHESDA, MD 20814
Phone
(240) 497-5000
Filing Manager
Chevy Chase Trust Holdings, LLC
BETHESDA, MD
Signatory
Anna Amaczi
Deputy Chief Compliance Officer