FORBES J M & CO LLP

CIK: 0001067532SEC EDGAR →

Portfolio Value

$1.2B

Holdings

141

As of

Q4 2025

New Positions

141

Closed Positions

0

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

ISHARES GOLD TRUST

1,183,161$96.0M
7.78%
2

NVIDIA CORP

412,326$76.9M
6.23%
3

MICROSOFT CORP

157,727$76.3M
6.18%
4

ALPHABET INC CL A

227,545$71.2M
5.77%
5

APPLE INC

246,287$67.0M
5.42%
6

AMAZON.COM INC

190,229$43.9M
3.56%
7

BROADCOM INC

118,669$41.1M
3.33%
8

SS ENERGY SELECT SECTOR

766,392$34.3M
2.77%
9

JP MORGAN CHASE & CO

98,566$31.8M
2.57%
10

BANK OF AMERICA CORP

464,194$25.5M
2.07%

Quarterly Changes

Top Buys

IAU*NEW
$96.0M
NVDANEW
$76.9M
MSFTNEW
$76.3M
ALPHABET INC CL ANEW
$71.2M
AAPLNEW
$67.0M

Top Sells

No sells this quarter

New Positions (141)

$96.0M · 1.2M shares
$76.9M · 412K shares
$76.3M · 158K shares
ALPHABET INC CL A
$71.2M · 228K shares
$67.0M · 246K shares
$43.9M · 190K shares
$41.1M · 119K shares
$34.3M · 766K shares
JP MORGAN CHASE & CO
$31.8M · 99K shares
$25.5M · 464K shares
$25.2M · 175K shares
$24.2M · 117K shares
$23.5M · 67K shares
$21.1M · 71K shares
$20.6M · 185K shares
$19.3M · 88K shares
$19.3M · 125K shares
$18.0M · 171K shares
$17.5M · 219K shares
$17.5M · 140K shares
$17.4M · 249K shares
$17.0M · 119K shares
$16.4M · 39K shares
$14.7M · 269K shares
$14.3M · 217K shares
SPDR PORTFOLIO EMERGING MARKETS ETF
$13.4M · 287K shares
$13.2M · 92K shares
INTERCONTINENTAL EXCHANGE INC
$13.1M · 81K shares
$12.9M · 56K shares
$12.8M · 40K shares
STE ST INDUSTRIAL SLCT SCTR SPDR ETF
$12.7M · 82K shares
$12.7M · 96K shares
$12.6M · 12K shares
$11.8M · 87K shares
$11.2M · 49K shares
$10.4M · 123K shares
$10.2M · 85K shares
$9.5M · 72K shares
CISCO SYSTEMS INC
$9.4M · 122K shares
$8.9M · 34K shares
$8.7M · 25K shares
$8.6M · 1.0M shares
$8.4M · 54K shares
$8.4M · 55K shares
$8.3M · 56K shares
$8.2M · 201K shares
$7.8M · 97K shares
PROLOGIS INC REIT
$7.7M · 61K shares
STST CMMNCN SRVCS SLCT SCTR SPDR ETF
$7.5M · 64K shares
$7.4M · 11K shares
$7.4M · 44K shares
$7.1M · 39K shares
$7.0M · 36K shares
$7.0M · 55K shares
$6.8M · 74K shares
$6.2M · 12K shares
$6.0M · 13K shares
$5.4M · 45K shares
ALPHABET INC CL C
$5.0M · 16K shares
$3.6M · 85K shares
$3.6M · 28K shares
$3.1M · 13K shares
$3.0M · 75K shares
$2.5M · 29K shares
$2.4M · 9K shares
ADOBE INC
$2.4M · 7K shares
$2.2M · 7K shares
$2.2M · 3K shares
$2.1M · 5K shares
$2.1M · 4K shares
$2.1M · 2K shares
$1.5M · 8K shares
$1.5M · 6K shares
$1.4M · 7K shares
AKRE FOCUS ETF
$1.3M · 20K shares
$1.2M · 10K shares
$1.1M · 2K shares
$1.0M · 23K shares
$1.0M · 7K shares
$1.0M · 3K shares
$993K · 27K shares
$985K · 4K shares
BBH SELECT LARGE CAP ETF
$956K · 59K shares
$954K · 6K shares
$949K · 10K shares
$948K · 3K shares
JPMORGAN ULTRA-SHORT INCOME ETF
$808K · 16K shares
$796K · 1K shares
$770K · 3K shares
$754K · 1 shares
$676K · 4K shares
$629K · 4K shares
$629K · 1K shares
$616K · 3K shares
$614K · 6K shares
$610K · 11K shares
$590K · 2K shares
$581K · 7K shares
$568K · 834 shares
$550K · 4K shares
$528K · 2K shares
$510K · 9K shares
$503K · 3K shares
$496K · 3K shares
$494K · 8K shares
$493K · 17K shares
$491K · 2K shares
$468K · 2K shares
$445K · 59K shares
$442K · 6K shares
$440K · 18K shares
$400K · 2K shares
$365K · 15K shares
$352K · 3K shares
$342K · 5K shares
$341K · 6K shares
$328K · 2K shares
$327K · 627 shares
$326K · 4K shares
$325K · 2K shares
$319K · 6K shares
$307K · 3K shares
$305K · 3K shares
$305K · 7K shares
$291K · 3K shares
$291K · 4K shares
$287K · 2K shares
$282K · 3K shares
$272K · 9K shares
$269K · 439 shares
$267K · 2K shares
$262K · 3K shares
$256K · 1K shares
$245K · 3K shares
$241K · 2K shares
$234K · 290 shares
$216K · 2K shares
$215K · 358 shares
$210K · 1K shares
$203K · 2K shares
$200K · 5K shares

Sector Breakdown

Sector# HoldingsValue%
Unknown26$383.6M31.1%
Technology21$319.2M25.9%
Financial Services25$132.9M10.8%
Healthcare17$102.6M8.3%
Consumer Cyclical10$88.5M7.2%
Consumer Defensive7$71.1M5.8%
Industrials17$59.8M4.8%
Basic Materials6$34.5M2.8%
Utilities2$17.8M1.4%
Communication Services5$17.5M1.4%
Energy4$7.0M0.6%
Real Estate1$365K0.0%