Enterprise Bank & Trust Co

LOWELL, MA · CIK 1770710 · 13F filing filed 2025-01-13

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$303.8m reported value -2.1% vs Q3 2024

130positions

47.9%in top 10

8 new 54 added 39 reduced 7 sold out vs Q3 2024

This report includes the holdings of 1 other manager that shares the investment decisions:

ENTERPRISE BANCORP INC /MA/ – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q4 2024

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ISHARES TR CORE US AGGBD ET AGG	AGG	273,495	$26.5m8.72%	8.72%	Added +7.3k	+7,312 2.8%
2	ISHARES TR CORE S&P MCP ETF IJH	IJH	369,037	$23.0m7.57%	7.57%	Added +14.1k	+14,091 4.0%
3	APPLE INC COM AAPL	AAPL	69,203	$17.3m5.70%	5.70%	Reduced -2.3k	-2,272 -3.2%
4	MICROSOFT CORP COM MSFT	MSFT	37,445	$15.8m5.19%	5.19%	Added +499	+499 1.4%
5	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	161,716	$14.4m4.74%	4.74%	Added +8.0k	+8,026 5.2%
6	NVIDIA CORPORATION COM NVDA	NVDA	106,919	$14.4m4.73%	4.73%	Added +582	+582 0.6%
7	AMAZON COM INC COM AMZN	AMZN	44,690	$9.8m3.23%	3.23%	Added +927	+927 2.1%
8	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	15,390	$9.0m2.97%	2.97%	Added +1.7k	+1,673 12.2%
9	ALPHABET INC CAP STK CL A GOOGL	GOOGL	43,941	$8.3m2.74%	2.74%	Reduced -61	-61 -0.1%
10	JPMORGAN CHASE & CO COM JPM	JPM	29,547	$7.1m2.33%	2.33%	Added +277	+277 0.9%
11	META PLATFORMS INC CL A META	META	11,528	$6.7m2.22%	2.22%	Reduced -287	-287 -2.4%
12	COSTCO WHSL CORP NEW COM COST	COST	7,317	$6.7m2.21%	2.21%	Added +140	+140 1.9%
13	FLEXSHARES TR MORNSTAR UPSTR GUNR	GUNR	153,341	$5.6m1.84%	1.84%	Reduced -310.4k	-310,370 -66.9%
14	DIMENSIONAL ETF TRUST EMGR CRE EQT MNG DFAE	DFAE	200,637	$5.1m1.68%	1.68%	New
15	ELI LILLY & CO COM LLY	LLY	6,429	$5.0m1.63%	1.63%	Reduced -246	-246 -3.7%
16	ISHARES TR CORE S&P500 ETF IVV	IVV	7,418	$4.4m1.44%	1.44%	Added +117	+117 1.6%
17	UNITEDHEALTH GROUP INC COM UNH	UNH	8,010	$4.1m1.33%	1.33%	Reduced -373	-373 -4.5%
18	TJX COS INC NEW COM TJX	TJX	31,573	$3.8m1.26%	1.26%	Reduced -537	-537 -1.7%
19	HOME DEPOT INC COM HD	HD	9,493	$3.7m1.22%	1.22%	Unchanged
20	SALESFORCE INC COM CRM	CRM	10,878	$3.6m1.20%	1.20%	Reduced -454	-454 -4.0%
21	MASTERCARD INCORPORATED CL A MA	MA	6,887	$3.6m1.19%	1.19%	Added +11	+11 0.2%
22	PALO ALTO NETWORKS INC COM PANW	PANW	19,343	$3.5m1.16%	1.16%	Reduced -253	-253 -1.3%
23	VISA INC COM CL A V	V	10,997	$3.5m1.14%	1.14%	Reduced -141	-141 -1.3%
24	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	57,254	$3.5m1.14%	1.14%	Added +1.3k	+1,279 2.3%
25	ABBOTT LABS COM ABT	ABT	28,103	$3.2m1.05%	1.05%	Reduced -153	-153 -0.5%
26	CHEVRON CORP NEW COM CVX	CVX	21,742	$3.1m1.04%	1.04%	Reduced -1.2k	-1,173 -5.1%
27	HONEYWELL INTL INC COM COM		13,247	$3.0m0.98%	0.98%	Reduced -213	-213 -1.6%
28	ALPHABET INC CAP STK CL C GOOG	GOOG	15,277	$2.9m0.96%	0.96%	Added +67	+67 0.4%
29	PEPSICO INC COM PEP	PEP	18,524	$2.8m0.93%	0.93%	Reduced -9	-9 -0.1%
30	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	7,512	$2.6m0.87%	0.87%	Reduced -82	-82 -1.1%
31	UNION PAC CORP COM UNP	UNP	11,239	$2.6m0.84%	0.84%	Added +116	+116 1.0%
32	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	16,889	$2.5m0.83%	0.83%	Added +241	+241 1.4%
33	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	4,665	$2.4m0.80%	0.80%	Reduced -38	-38 -0.8%
34	S&P GLOBAL INC COM SPGI	SPGI	4,754	$2.4m0.78%	0.78%	Reduced -5	-5 -0.1%
35	GENERAL DYNAMICS CORP COM GD	GD	8,433	$2.2m0.73%	0.73%	Reduced -4	-4 -0.1%
36	MCDONALDS CORP COM MCD	MCD	7,480	$2.2m0.71%	0.71%	Added +204	+204 2.8%
37	DANAHER CORPORATION COM DHR	DHR	9,027	$2.1m0.68%	0.68%	Reduced -181	-181 -2.0%
38	MARSH & MCLENNAN COS INC COM MRSH	MRSH	9,720	$2.1m0.68%	0.68%	Added +20	+20 0.2%
39	ANALOG DEVICES INC COM ADI	ADI	9,067	$1.9m0.63%	0.63%	Reduced -117	-117 -1.3%
40	AMERICAN TOWER CORP NEW COM AMT	AMT	10,424	$1.9m0.63%	0.63%	Added +99	+99 1.0%
41	PROCTER AND GAMBLE CO COM PG	PG	10,965	$1.8m0.61%	0.61%	Added +178	+178 1.6%
42	MOTOROLA SOLUTIONS INC COM NEW MSI	MSI	3,736	$1.7m0.57%	0.57%	Added +6	+6 0.2%
43	NIKE INC CL B NKE	NKE	22,690	$1.7m0.57%	0.57%	Reduced -3.8k	-3,828 -14.4%
44	NEXTERA ENERGY INC COM NEE	NEE	23,511	$1.7m0.55%	0.55%	Added +1.2k	+1,239 5.6%
45	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	2,763	$1.5m0.49%	0.49%	Added +36	+36 1.3%
46	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	33,385	$1.5m0.48%	0.48%	Reduced -45	-45 -0.1%
47	CDW CORP COM CDW	CDW	8,025	$1.4m0.46%	0.46%	Added +28	+28 0.3%
48	MONDELEZ INTL INC CL A MDLZ	MDLZ	23,303	$1.4m0.46%	0.46%	Reduced -1.1k	-1,078 -4.4%
49	MASCO CORP COM MAS	MAS	18,758	$1.4m0.45%	0.45%	Added +20	+20 0.1%
50	SCHLUMBERGER LTD COM STK SLB	SLB	32,016	$1.2m0.40%	0.40%	Reduced -2.5k	-2,514 -7.3%
51	FREEPORT-MCMORAN INC CL B FCX	FCX	31,867	$1.2m0.40%	0.40%	Reduced -398	-398 -1.2%
52	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	24,932	$1.2m0.39%	0.39%	Reduced -178	-178 -0.7%
53	DISNEY WALT CO COM DIS	DIS	10,685	$1.2m0.39%	0.39%	Reduced -67	-67 -0.6%
54	FIDUS INVT CORP COM FDUS	FDUS	55,912	$1.2m0.39%	0.39%	Unchanged
55	ORACLE CORP COM ORCL	ORCL	6,580	$1.1m0.36%	0.36%	Added +1.1k	+1,065 19.3%
56	ADOBE INC COM ADBE	ADBE	2,206	$981.0k0.32%	0.32%	Reduced -203	-203 -8.4%
57	GRAINGER W W INC COM GWW	GWW	900	$948.6k0.31%	0.31%	Added +99	+99 12.4%
58	BLACKSTONE INC COM BX	BX	5,463	$941.9k0.31%	0.31%	Added +1.3k	+1,262 30.0%
59	ISHARES TR MSCI EAFE ETF EFA	EFA	12,399	$937.5k0.31%	0.31%	Reduced -315	-315 -2.5%
60	ISHARES TR 1 3 YR TREAS BD SHY	SHY	11,172	$915.9k0.30%	0.30%	Unchanged
61	GSK PLC SPONSORED ADR GSK	GSK	26,892	$909.5k0.30%	0.30%	Added +791	+791 3.0%
62	ISHARES TR RUS 1000 GRW ETF IWF	IWF	2,144	$861.0k0.28%	0.28%	Unchanged
63	SCHWAB CHARLES CORP COM SCHW	SCHW	11,213	$829.9k0.27%	0.27%	Added +1.2k	+1,231 12.3%
64	BROADCOM INC COM AVGO	AVGO	3,518	$815.6k0.27%	0.27%	Reduced -7	-7 -0.2%
65	TEXAS PACIFIC LAND CORPORATI COM TPL	TPL	735	$812.9k0.27%	0.27%	Unchanged
66	DUPONT DE NEMOURS INC COM DWDP	DWDP	10,161	$774.8k0.25%	0.25%	Added +20	+20 0.2%
67	JOHNSON & JOHNSON COM JNJ	JNJ	5,098	$737.3k0.24%	0.24%	Added +10	+10 0.2%
68	EATON CORP PLC SHS ETN	ETN	2,200	$730.1k0.24%	0.24%	Added +1.1k	+1,102 100.4%
69	BANK AMERICA CORP COM BAC	BAC	16,107	$707.9k0.23%	0.23%	Added +534	+534 3.4%
70	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	1	$680.9k0.22%	0.22%	Unchanged
71	SPDR SER TR MSCI USA STRTGIC QUS	QUS	4,360	$675.1k0.22%	0.22%	Unchanged
72	VANGUARD SCOTTSDALE FDS VNG RUS2000IDX VTWO	VTWO	6,877	$614.3k0.20%	0.20%	Unchanged
73	TEXAS INSTRS INC COM TXN	TXN	3,169	$594.2k0.20%	0.20%	Added +11	+11 0.3%
74	TRANSUNION COM TRU	TRU	6,400	$593.3k0.20%	0.20%	Unchanged
75	EXTRA SPACE STORAGE INC COM EXR	EXR	3,912	$585.2k0.19%	0.19%	Added +2	+2 0.1%
76	ROYAL BK CDA COM RY	RY	4,800	$578.4k0.19%	0.19%	Unchanged
77	MERCK & CO INC COM MRK	MRK	5,761	$573.1k0.19%	0.19%	Reduced -64	-64 -1.1%
78	EXXON MOBIL CORP COM XOM	XOM	5,319	$572.2k0.19%	0.19%	Added +838	+838 18.7%
79	BAR HBR BANKSHARES COM BHB	BHB	18,447	$564.1k0.19%	0.19%	Reduced -20.5k	-20,500 -52.6%
80	TESLA INC COM TSLA	TSLA	1,244	$502.4k0.17%	0.17%	Reduced -77	-77 -5.8%
81	BOEING CO COM BA	BA	2,802	$496.0k0.16%	0.16%	Reduced -1.2k	-1,212 -30.2%
82	WALMART INC COM WMT	WMT	5,456	$492.9k0.16%	0.16%	Added +248	+248 4.8%
83	COMCAST CORP NEW CL A CMCSA	CMCSA	12,782	$479.7k0.16%	0.16%	Added +450	+450 3.6%
84	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	6,601	$474.7k0.16%	0.16%	Unchanged
85	BIOGEN INC COM BIIB	BIIB	2,864	$438.0k0.14%	0.14%	Reduced -1.1k	-1,138 -28.4%
86	CELESTICA INC COM CLS	CLS	4,724	$435.8k0.14%	0.14%	Unchanged
87	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	1,980	$435.3k0.14%	0.14%	Added +21	+21 1.1%
88	SELECT SECTOR SPDR TR COMMUNICATION XLC	XLC	4,440	$429.8k0.14%	0.14%	Unchanged
89	EMERSON ELEC CO COM EMR	EMR	3,374	$418.1k0.14%	0.14%	Reduced -3	-3 -0.1%
90	EASTERN BANKSHARES INC COM EBC	EBC	24,234	$418.0k0.14%	0.14%	Added +800	+800 3.4%
91	RTX CORPORATION COM RTX	RTX	3,579	$414.2k0.14%	0.14%	Added +29	+29 0.8%
92	ABBVIE INC COM ABBV	ABBV	2,306	$409.8k0.13%	0.13%	Added +28	+28 1.2%
93	TORONTO DOMINION BK ONT COM NEW TD	TD	7,622	$405.8k0.13%	0.13%	Unchanged
94	CISCO SYS INC COM CSCO	CSCO	6,790	$402.0k0.13%	0.13%	Reduced -178	-178 -2.5%
95	BLACKROCK INC COM BLK	BLK	384	$393.6k0.13%	0.13%	New
96	ISHARES TR NATIONAL MUN ETF MUB	MUB	3,687	$392.9k0.13%	0.13%	Added +783	+783 27.0%
97	SERVICENOW INC COM NOW	NOW	347	$367.9k0.12%	0.12%	New
98	VERIZON COMMUNICATIONS INC COM VZ	VZ	9,055	$362.1k0.12%	0.12%	Added +54	+54 0.6%
99	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	825	$338.6k0.11%	0.11%	Unchanged
100	METLIFE INC COM MET	MET	4,038	$330.6k0.11%	0.11%	Added +20	+20 0.5%

Sold out since Q3 2024

Security	Ticker	Shares held before	Value then
BLACKROCK INC BLK	BLK	366	$347.5k366 shares
VANECK ETF TRUST GDXJ	GDXJ	6,556	$320.0k6.6k shares
ELEVANCE HEALTH INC ELV	ELV	442	$229.8k442 shares
ZOETIS INC ZTS	ZTS	1,066	$208.3k1.1k shares
LAM RESEARCH CORP		2,500	$204.0k2.5k shares
L3HARRIS TECHNOLOGIES INC LHX	LHX	843	$200.5k843 shares
BLUEBIRD BIO INC		30,000	$15.6k30.0k shares