Q2 2026 13F · SEC CIK 1462020

Chevy Chase Trust Holdings, LLC

Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $38.8B
Reported positions: 649
Top holdings a year, 3 yrs: +25.7%
Assets under management: $44.9B

Chevy Chase Trust Holdings, LLC is a hedge fund that reported 649 positions worth $38.8B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Nvidia Corporation Com (NVDA, 7.5%), Apple Inc (AAPL, 6.6%), Microsoft Corp (MSFT, 4.1%). A portfolio copying its top holdings returned 25.7% a year over the last 3 years, against 20.4% for the S&P 500.

Chevy Chase Trust Holdings, LLC holdings largest 50 of 649 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Chevy Chase Trust Holdings, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation Com	7.5%	7.5%	14,572,074	-2.1%	$2.9B
AAPLApple Inc	6.6%	6.6%	8,858,856	-1.4%	$2.6B
MSFTMicrosoft Corp	4.1%	4.7%	4,291,848	-2.2%	$1.6B
AMZNAmazon Com Inc Com	3.6%	3.6%	5,879,504	-1.4%	$1.4B
GOOGLAlphabet Inc	3.3%	3.0%	3,546,433	-1.3%	$1.3B
GOOGAlphabet Inc	2.9%	2.6%	3,179,428	-0.7%	$1.1B
AVGOBroadcom Inc	2.6%	2.4%	2,683,718	-0.7%	$1.0B
BRK-BBerkshire Hathaway Inc Del	1.7%	1.8%	1,313,109	-1.8%	$657.1M
MUMicron Technology Inc	1.6%	0.5%	550,116	-1.8%	$635.0M
JPMJpmorgan Chase & Co	1.6%	1.6%	1,889,723	-2.4%	$618.6M
METAMeta Platforms Inc Class A	1.5%	1.8%	1,065,744	-1.6%	$600.3M
TSLATesla Inc Com	1.5%	1.5%	1,362,410	-1.9%	$573.0M
LLYLilly Eli & Co	1.2%	1.1%	389,384	-2.1%	$467.0M
VVisa Inc Com Cl A	1.2%	1.2%	1,338,826	-3.0%	$459.3M
AMDAdvanced Micro Devices Inc	1.2%	0.5%	789,756	-1.8%	$458.8M
GSGoldman Sachs Group Inc	1.0%	1.0%	400,606	-4.0%	$405.2M
COSTCostco Whsl Corp New	0.9%	1.1%	389,886	-1.1%	$364.7M
JNJJohnson & Johnson	0.8%	0.9%	1,268,799	-2.8%	$322.2M
INTCIntel Corp	0.8%	—	2,297,844	—	$320.8M
AMATApplied Matls Inc	0.7%	0.4%	394,679	-4.3%	$285.4M
XOMExxon Mobil Corp	0.7%	1.1%	2,001,102	-7.8%	$273.6M
LRCXLam Research Corp	0.7%	—	613,753	—	$266.0M
TJXTjx Cos Inc New Com	0.6%	0.7%	1,616,612	+1.9%	$244.9M
WMTWalmart Inc	0.6%	0.8%	2,142,845	-1.9%	$242.7M
CATCaterpillar Inc Com	0.6%	0.5%	226,408	-2.9%	$241.1M
CSCOCisco Sys Inc	0.6%	0.5%	1,988,013	-4.0%	$233.5M
UNHUnitedhealth Group Inc Com	0.6%	0.4%	560,346	-0.7%	$232.9M
ASMLAsml Hldg NV	0.6%	0.4%	116,714	-0.3%	$232.2M
ABBVAbbvie Inc	0.6%	0.6%	883,270	-2.3%	$222.3M
MAMastercard Inc.	0.5%	0.6%	411,006	-3.3%	$211.1M
VRTXVertex Pharmaceuticals Inc	0.5%	0.5%	406,303	-0.3%	$201.8M
SANBanco Santander SA	0.5%	0.4%	14,003,466	+1.4%	$193.2M
KLACKla Corp	0.5%	—	633,008	—	$191.0M
GEGe Aerospace	0.5%	0.4%	510,201	-2.5%	$190.7M
BACBank of Amer Corp	0.5%	0.5%	3,206,471	-3.7%	$182.7M
CDNSCadence Design System Inc	0.5%	0.4%	482,880	-0.5%	$181.2M
NEENextera Energy Inc Com	0.5%	0.5%	2,023,759	-1.0%	$177.6M
HDHome Depot Inc Com	0.4%	0.5%	490,939	-2.1%	$173.1M
PGProcter & Gamble Co Com	0.4%	0.5%	1,168,955	-1.9%	$171.4M
VZVerizon Communications Inc Com	0.4%	0.6%	3,954,398	+2.5%	$167.4M
NTRANatera Inc Com	0.4%	—	599,856	—	$162.8M
SNDKSandisk Corp	0.4%	—	71,522	—	$162.6M
NVSNovartis AG	0.4%	0.5%	1,033,709	-1.5%	$162.0M
AEPAmerican Elec Pwr Co Inc	0.4%	0.4%	1,172,080	-0.0%	$160.4M
KOCoca Cola Co	0.4%	0.4%	1,971,425	-1.4%	$160.2M
MRKMerck & Co. Inc	0.4%	0.4%	1,222,498	-2.4%	$157.1M
GEVGe Vernova Inc	0.4%	—	131,460	—	$154.4M
CVXChevron Corp New	0.4%	0.6%	922,214	-2.1%	$152.9M
CGNXCognex Corp	0.4%	—	2,046,839	—	$148.2M
TMOThermo Fisher Scientific Inc	0.4%	0.4%	293,484	-5.3%	$147.1M

What Chevy Chase Trust Holdings, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

No position grew by more than 5%.

Reduced

XOM Exxon Mobil Corp-7.8% shares
TMO Thermo Fisher Scientific Inc-5.3% shares

Left the top 50

NFLX Netflix Inc Totalwas 0.6%
PLTR Palantir Technologies Inclass Class Awas 0.5%
REGN Regeneron Pharmaceuticalswas 0.5%
SHEL Shell PLCwas 0.4%
ISRG Intuitive Surgical Incwas 0.4%
IAU Ishares Gold Trustwas 0.4%
SLB Slb Limitedwas 0.4%

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +17.9% /yr; S&P 500 +20.1%
3 years: +25.7% /yr; S&P 500 +20.4%
5 years: +14.8% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F 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	625
Q2 2024	$31.3B	613
Q1 2024	$30.6B	612
Q4 2023	$27.9B	621
Q3 2023	$25.3B	619

Questions about Chevy Chase Trust Holdings, LLC's portfolio

What stocks does Chevy Chase Trust Holdings, LLC own?

Chevy Chase Trust Holdings, LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 649 positions worth $38.8B. The largest are Nvidia Corporation Com (NVDA) at 7.5%, Apple Inc (AAPL) at 6.6%, Microsoft Corp (MSFT) at 4.1%, Amazon Com Inc Com (AMZN) at 3.6% and Alphabet Inc (GOOGL) at 3.3%.

What did Chevy Chase Trust Holdings, LLC buy last quarter?

Chevy Chase Trust Holdings, LLC opened no new positions and grew none by more than 5% among its largest holdings in Q2 2026.

What did Chevy Chase Trust Holdings, LLC sell last quarter?

In Q2 2026, Chevy Chase Trust Holdings, LLC cut from its top 50 Netflix Inc Total (NFLX), cut from its top 50 Palantir Technologies Inclass Class A (PLTR), cut from its top 50 Regeneron Pharmaceuticals (REGN), cut from its top 50 Shell PLC (SHEL), cut from its top 50 Intuitive Surgical Inc (ISRG), Exxon Mobil Corp (XOM) (-7.8% shares) and Thermo Fisher Scientific Inc (TMO) (-5.3% shares), compared with its Q1 2026 filing.

How has Chevy Chase Trust Holdings, LLC's portfolio performed?

A portfolio copying Chevy Chase Trust Holdings, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +25.7% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +17.9% against +20.1%. Over 5 years: +14.8% a year against +11.6%.

When is Chevy Chase Trust Holdings, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Chevy Chase Trust Holdings, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Chevy Chase Trust Holdings, LLC manage?

Chevy Chase Trust Holdings, LLC reported $44.9B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $38.8B.