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.
Long-equity book
Distinct positions
Filed 2026-08-14
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box 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 valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated 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 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe 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.
As of the firm’s regulatory filing dated Mar 31, 2026.
15TH FLOOR
BETHESDA, MD 20814
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| CHEVY CHASE TRUST HOLDINGS, LLC Control | OWNER since Feb 2009 | 75% or more | Domestic Entity |
| CLANCY, GEORGE, PATRICK Control | DIRECTOR since Jul 2010 | Less than 5% | Individual |
| DUNCAN, PAUL, ROY Control | CHIEF COMPLIANCE OFFICER since Jan 2005 | Less than 5% | Individual |
| FRIEDMAN, JOEL, ALBERT Control | CHIEF FINANCIAL OFFICER since Mar 2010 | Less than 5% | Individual |
| GROSVENOR, GILBERT, MELVILLE Control | DIRECTOR since Jan 2010 | Less than 5% | Individual |
| Heilenday, Kevin, M. Control | GENERAL COUNSEL since Jan 2024 | Less than 5% | Individual |
| MCSWEENY, WILLIAM, F (MI ONLY) Control | DIRECTOR since Nov 1997 | Less than 5% | Individual |
| PANAGOS, LYNN, M. Control | CHIEF OPERATING OFFICER since Jul 2012 | Less than 5% | Individual |
| PLATTS, HOWARD, GREGORY Control | DIRECTOR since Mar 2009 | Less than 5% | Individual |
| Powell, Earl, Alexander Control | DIRECTOR since Apr 2018 | Less than 5% | Individual |
| SAUL, BERNARD, FRANCIS II Control | CHAIRMAN OF THE BOARD OF DIRECTORS AND DIRECTOR since Nov 1997 | Less than 5% | Individual |
| SAUL, PATRICIA Control | VICE CHAIR OF THE BOARD OF DIRECTORS AND DIRECTOR since Mar 2022 | Less than 5% | Individual |
| WHITAKER, JOHN, JEFFREY Control | PRESIDENT, CEO AND DIRECTOR since Jan 2021 | Less than 5% | Individual |
| WHITE, WENDELIN, ANITA Control | DIRECTOR since Dec 2011 | Less than 5% | Individual |
| CHEVY CHASE HOLDINGS, INC. Control Indirect owner via WESTMINSTER INVESTING, LLC | OWNER since Feb 2009 | 75% or more | Domestic Entity |
| SAUL, BERNARD, FRANCIS II Control Indirect owner via CHEVY CHASE HOLDINGS, INC. | OWNER since Feb 2009 | 75% or more | Individual |
| WESTMINSTER INVESTING, LLC Control Indirect owner via CHEVY CHASE TRUST HOLDINGS, LLC | OWNER since Feb 2009 | 75% or more | Domestic 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.
- 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
- No longer listedWELBER, PETER, MICHAEL · DIRECTOR · Less than 5% · control person · listed since Mar 2023
- 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
- 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
- AddedWHITAKER, JOHN, JEFFREY · PRESIDENT & CEO · Less than 5% · control person
- ChangedWELBER, PETER, MICHAEL · title PRESIDENT, CEO AND DIRECTOR → VICE CHAIR
- 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
- 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
- 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
- AddedPowell, Earl, Alexander · DIRECTOR · Less than 5% · control person
- 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)
- 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
- AddedCHEVY CHASE TRUST HOLDING, INC. · OWNER · 75% or more · indirect via CHEVY CHASE TRUST COMPANY · control person
- AddedKEARNS, CHRISTINE, NICOLAIDES · VICE CHAIR · Less than 5% · control person
- No longer listedMCCORMICK, THOMAS, HAMMOND · DIRECTOR · Less than 5% · control person · listed since Jun 2005
- 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
- No longer listedFRANK, THOMAS, DAVID · CHIEF INVESTMENT OFFICER · Less than 5% · control person · listed since Apr 2008
- 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.
Top Adds (vs prior quarter)
- MICRON TECHNOLOGY INC$445.8M +235.6%
- NVIDIA CORPORATION$318.9M +12.3%
- ADVANCED MICRO DEVICES INC$295.1M +180.3%
- APPLE INC$284.0M +12.5%
- ALPHABET INC$233.8M +22.6%
Top Trims
- EXXON MOBIL CORP-$94.6M -25.7%
- CROWDSTRIKE HLDGS INC-$59.2M -51.0%
- NETFLIX INC.-$55.7M -27.5%
- REGENERON PHARMACEUTICALS-$47.4M -29.8%
- CHEVRON CORPORATION-$41.9M -21.5%
New Positions
- MARVELL TECHNOLOGY INC$125.9M
- HONEYWELL INTL INC$34.6M
- HONEYWELL AEROSPACE INC$34.2M
- FLEX LTD$28.8M
- CASEYS GEN STORES INC$14.2M
Exited Positions
- HONEYWELL INTL INC$71.6M
- ASCENDIS PHARMA A/S$28.2M
- CARNIVAL CORP$14.7M
- CHOICE HOTELS INTL INC$13.6M
- COTERRA ENERGY INC$13.1M
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 |
| 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 |
SUITE 1500W
BETHESDA, MD 20814