1y return+18.5%S&P 500 +20.9%
3y return+63.6%S&P 500 +68.5%
5y return+66.6%S&P 500 +74.5%
10y return+246.7%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $347 against $357 in the S&P 500.2
Chevy Chase Trust Holdings, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NVDANvidia Corporation | $2.9B | 7.5% | −2.1% |
| AAPLApple Inc | $2.6B | 6.6% | −1.4% |
| MSFTMicrosoft Corp | $1.6B | 4.1% | −2.2% |
| AMZNAmazon Com Inc | $1.4B | 3.6% | −1.4% |
| GOOGLAlphabet Inc | $1.3B | 3.3% | −1.3% |
| GOOGAlphabet Inc | $1.1B | 2.9% | |
| AVGOBroadcom Inc | $1.0B | 2.6% | |
| BRK/BBerkshire Hathaway Inc Del | $657.1M | 1.7% | −1.8% |
| MUMicron Technology Inc | $635.0M | 1.6% | −1.8% |
| JPMJpmorgan Chase & Co | $618.6M | 1.6% | −2.4% |
| METAMeta Platforms Inc | $600.3M | 1.5% | −1.6% |
| TSLATesla Inc | $573.0M | 1.5% | −1.9% |
| LLYEli Lilly & Co | $467.0M | 1.2% | −2.1% |
| VVisa Inc | $459.3M | 1.2% | −3.0% |
| AMDAdvanced Micro Devices Inc | $458.8M | 1.2% | −1.8% |
| GSGoldman Sachs Group Inc | $405.2M | 1.0% | −4.0% |
| COSTCostco Wholesale Corporation | $364.7M | 0.9% | −1.1% |
| JNJJohnson & Johnson | $322.2M | 0.8% | −2.8% |
| INTCIntel Corp | $320.8M | 0.8% | −1.4% |
| AMATApplied Matls Inc | $285.4M | 0.7% | −4.3% |
| Exxon Mobil CorpCUSIP 30231G102 | $273.6M | 0.7% | −7.8% |
| LRCXLam Research Corp | $266.0M | 0.7% | −1.7% |
| TJXTjx Cos Inc New | $244.9M | 0.6% | +1.9% |
| WMTWalmart Inc | $242.7M | 0.6% | −1.9% |
| CATCaterpillar Inc | $241.1M | 0.6% | −2.9% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $2.9B |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $1.0B |
| AMATApplied Matls Inc | June 30, 2020 | +1096.1% | $285.4M |
| AMDAdvanced Micro Devices Inc | June 30, 2020 | +1004.1% | $458.8M |
| CATCaterpillar Inc | June 30, 2020 | +741.8% | $241.1M |
| LLYEli Lilly & Co | June 30, 2020 | +630.6% | $467.0M |
| LRCXLam Research Corp | December 31, 2024 | +499.9% | $266.0M |
| Asml Hldg NvCUSIP N07059210 | June 30, 2020 | +440.6% | $232.2M |
| GSGoldman Sachs Group Inc | June 30, 2020 | +411.8% | $405.2M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $1.3B |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $71.6M
- Ascendis Pharma A/sCUSIP 04351P101 was $28.2M
- Carnival CorpCUSIP 143658300 was $14.7M
- CHHChoice Hotels Intl Inc was $13.6M
- CTRACoterra Energy Inc was $13.1M
- Dupont De Nemours IncCUSIP 26614N102 was $9.4M
- Hologic IncCUSIP 436440101 was $8.3M
- CAGConagra Brands Inc was $3.7M
- EPAMEpam Sys Inc was $3.7M
- POOLPool Corp was $3.3M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.5% | +14.8% |
| March 31, 2026 | −4.3% | −4.6% |
| December 31, 2025 | +2.7% | +2.4% |
| September 30, 2025 | +8.1% | +7.8% |
| June 30, 2025 | +10.1% | +10.5% |
| March 31, 2025 | −4.5% | −4.6% |
| December 31, 2024 | +1.7% | +2.1% |
| September 30, 2024 | +5.2% | +5.4% |
| June 30, 2024 | +4.0% | +4.0% |
| March 31, 2024 | +10.3% | +10.0% |
| December 31, 2023 | +11.0% | +11.2% |
| September 30, 2023 | −3.7% | −3.6% |
| June 30, 2023 | +7.7% | +8.3% |
| March 31, 2023 | +7.2% | +7.0% |
| December 31, 2022 | +7.4% | +7.1% |
| September 30, 2022 | −5.1% | −5.3% |
| June 30, 2022 | −16.9% | −16.5% |
| March 31, 2022 | −5.7% | −4.9% |
| December 31, 2021 | +10.3% | +10.7% |
| September 30, 2021 | +0.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Chevy Chase Trust Holdings, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1462020&type=13F-HR&dateb=&owner=include&count=40CIK 1462020
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1462020/000146202026000006/Filed August 14, 2026 · accession 0001462020-26-000006