SEC 13F Intelligence

Managers / Q2 2025

Enterprise Bank & Trust Co

CIK 0001770710 · 222 MERRIMACK STREET, LOWELL, MA, 01852 · 978-459-9000

Reported Value
$267M
Q2 2025
Positions
135
Filings on Record
26
2019–present window
Filed
Jul 7, 2025
original filing

Summary

Enterprise Bank & Trust Co reported $267M in U.S.-listed holdings across 135 positions for Q2 2025.

Its largest position, Ishares Tr, represents 7.2% of the portfolio.

Compared with Q1 2025, the fund opened 9 new positions and exited 4.

Portfolio Metrics

Turnover
+7.3%
vs prior filed quarter
Top-10 Concentration
+45.4%
share of reported value
Largest Position
+7.2%
Ishares Tr
New / Exited
9 / 4
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $243MQ1 ’19Q2 ’19: $194MQ3 ’19: $206MQ4 ’19: $223MQ1 ’20: $169MQ1 ’20Q2 ’20: $200MQ3 ’20: $212MQ4 ’20: $233MQ1 ’21: $237MQ1 ’21Q2 ’21: $253MQ3 ’21: $253MQ4 ’21: $286MQ1 ’22: $255MQ1 ’22Q2 ’22: $221MQ3 ’22: $192MQ4 ’22: $211MQ1 ’23: $231MQ1 ’23Q2 ’23: $261MQ3 ’23: $243MQ4 ’23: $281MQ1 ’24: $291MQ1 ’24Q2 ’24: $293MQ3 ’24: $310MQ4 ’24: $304MQ1 ’25: $259MQ1 ’25Q2 ’25: $267Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 75.9%ETP: 21.3%Other: 1.4%REIT: 1.1%ADR: 0.4%
  • Common Stock · 75.9% · $203M
  • ETP · 21.3% · $57M
  • Other · 1.4% · $4M
  • REIT · 1.1% · $3M
  • ADR · 0.4% · $939,072

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD INDEX FDSNEW+3.2K3.2K+$897,695$897,695
VANGUARD INDEX FDSNEW+2.5K2.5K+$585,578$585,578
BRK/BBERKSHIRE HATHAWAY INC DELNEW+643643+$312,350$312,350
BDXBECTON DICKINSON & CONEW+1.8K1.8K+$303,677$303,677
LRCXLAM RESEARCH CORPNEW+2.6K2.6K+$256,978$256,978
ROKROCKWELL AUTOMATION INCNEW+721721+$239,495$239,495
BNSBANK NOVA SCOTIA HALIFAXNEW+4.0K4.0K+$219,809$219,809
LHXL3HARRIS TECHNOLOGIES INCNEW+844844+$211,709$211,709

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2025

47 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRCORE S&P MCP ETF · CORE US AGGBD ET · CORE S&P500 ETF9.30%$25M352.9K
2MSFTMICROSOFT CORPhistory →COM6.98%$19M37.5K
3NVDANVIDIA CORPORATIONhistory →COM5.97%$16M101.1K
4AAPLAPPLE INChistory →COM5.35%$14M69.7K
5GOOGLALPHABET INCCAP STK CL A · CAP STK CL C3.88%$10M58.8K
6AMZNAMAZON COM INChistory →COM3.71%$10M45.2K
7SPDR S&P 500 ETF TRTR UNIT3.53%$9M15.3K
8DIMENSIONAL ETF TRUSTEMGR CRE EQT MNG3.45%$9M318.2K
9JPMJPMORGAN CHASE & CO.history →COM3.20%$9M29.5K
10METAMETA PLATFORMS INChistory →CL A3.06%$8M11.1K
11COSTCOSTCO WHSL CORP NEWhistory →COM2.67%$7M7.2K
12LLYELI LILLY & COhistory →COM1.69%$5M5.8K
13PANWPALO ALTO NETWORKS INChistory →COM1.47%$4M19.2K
14ABTABBOTT LABShistory →COM1.47%$4M28.8K
15MAMASTERCARD INCORPORATEDhistory →CL A1.46%$4M6.9K
16TJXTJX COS INC NEWhistory →COM1.44%$4M31.2K
17VVISA INChistory →COM CL A1.43%$4M10.8K
18HDHOME DEPOT INChistory →COM1.29%$3M9.4K
19CMGCHIPOTLE MEXICAN GRILL INChistory →COM1.22%$3M58.1K
20ICEINTERCONTINENTAL EXCHANGE INhistory →COM1.17%$3M17.1K
21CHVCHEVRON CORP NEWhistory →COM1.12%$3M20.9K
22CRMSALESFORCE INChistory →COM1.11%$3M10.9K
23HONGBPHONEYWELL INTL INChistory →COM1.11%$3M12.8K
24UNPUNION PAC CORPCOM0.98%$3M11.4K
25SPGIS&P GLOBAL INCCOM0.93%$2M4.7K
26ACCENTURE PLC IRELANDSHS CLASS A0.92%$2M8.2K
27GDGENERAL DYNAMICS CORPCOM0.91%$2M8.4K
28UNHUNITEDHEALTH GROUP INCCOM0.89%$2M7.7K
29AMTAMERICAN TOWER CORP NEWCOM0.89%$2M10.7K
30PEPPEPSICO INCCOM0.88%$2M17.8K
31MRSHMARSH & MCLENNAN COS INCCOM0.83%$2M10.2K
32MCDMCDONALDS CORPCOM0.82%$2M7.5K
33ADIANALOG DEVICES INCCOM0.81%$2M9.2K
34PGPROCTER AND GAMBLE COCOM0.68%$2M11.4K
35TMOTHERMO FISHER SCIENTIFIC INCCOM0.67%$2M4.4K
36NEENEXTERA ENERGY INCCOM0.66%$2M25.4K
37AVGOBROADCOM INCCOM0.62%$2M6.0K
38ORCLORACLE CORPCOM0.62%$2M7.6K
39MDLZMONDELEZ INTL INCCL A0.60%$2M24.0K
40VANGUARD INDEX FDSS&P 500 ETF SHS0.59%$2M2.8K
41MSIMOTOROLA SOLUTIONS INCCOM NEW0.59%$2M3.7K
42VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.55%$1M29.9K
43NKENIKE INCCL B0.53%$1M20.0K
44CDWCDW CORPCOM0.53%$1M7.9K
45RTXRTX CORPORATIONCOM0.51%$1M9.4K
46DISDISNEY WALT COCOM0.51%$1M11.0K
47VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT0.51%$1M23.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2025$267M135Jul 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$259M130Apr 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$304M130Jan 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$310M129Oct 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$293M121Jul 10, 202413F-HRchanges · EDGAR ↗
Q1 2024$291M124Apr 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$281M122Jan 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$243M105Oct 16, 202313F-HRchanges · EDGAR ↗
Q2 2023$261M115Jul 6, 202313F-HRchanges · EDGAR ↗
Q1 2023$231M103Apr 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$211M99Jan 11, 202313F-HRchanges · EDGAR ↗
Q3 2022$192M94Oct 6, 202213F-HRchanges · EDGAR ↗
Q2 2022$221M97Jul 6, 202213F-HRchanges · EDGAR ↗
Q1 2022$255M99Apr 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$286M103Jan 3, 202213F-HRchanges · EDGAR ↗
Q3 2021$253M133Oct 4, 202113F-HRchanges · EDGAR ↗
Q2 2021$253M134Jul 6, 202113F-HRchanges · EDGAR ↗
Q1 2021$237M127Apr 15, 202113F-HRchanges · EDGAR ↗
Q4 2020$233M127Jan 5, 202113F-HRchanges · EDGAR ↗
Q3 2020$212M125Oct 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$200M121Jul 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$169M114Apr 7, 202013F-HRchanges · EDGAR ↗
Q4 2019$223M149Jan 7, 202013F-HRchanges · EDGAR ↗
Q3 2019$206M140Oct 7, 201913F-HRchanges · EDGAR ↗
Q2 2019$194M141Jul 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$243M166Apr 24, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • ENTERPRISE BANCORP INC /MA/

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.