GROVE BANK & TRUST

Filed: 10/6/2025ACC: 0001193125-25-231429

📋 What this filing means

GROVE BANK & TRUST filed this quarterly 13F‑HR report disclosing 829 equity positions with a total reported market value of $854.77M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

829

Positions

$854.77M

Total AUM (reported)

7.40M

Total Shares

Allocation by class

COM$272.54M31.9%

S&P 500 ETF SHS$73.27M8.6%

CORE S&P MCP ETF$40.21M4.7%

CORE S&P SCP ETF$33.15M3.9%

CORE S&P500 ETF$29.66M3.5%

CORE MSCI EAFE$27.61M3.2%

CORE MSCI EMKT$23.90M2.8%

Portfolio Concentration

Top 3$155.16M18.2%

4–10$168.19M19.7%

11–25$166.06M19.4%

Rest$365.37M42.7%

Top 3 weight

18.2%

Top 10 weight

37.8%

Voting Authority Distribution

Total shares with voting rights: 7.40M

Sole

Full voting authority

4.67M

% of voting shares63.2%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

2.72M

% of voting shares36.8%

Investment Discretion (by position count)

Sole679

Shared0

Other150

Dominant voting typeSole · 63.2% of voting shares

Institutional Holdings829

Rows:

VANGUARD INDEX FDS

DFND

S&P 500 ETF SHS

Shares119.64K

TypeSH

Market value$73.27M

8.57%

Sole

52.15K

Shared

0.00

None

67.49K

APPLE INC

DFND

COM

Shares163.70K

TypeSH

Market value$41.68M

4.88%

Sole

139.61K

Shared

0.00

None

24.09K

ISHARES TR

DFND

CORE S&P MCP ETF

Shares616.12K

TypeSH

Market value$40.21M

4.70%

Sole

518.64K

Shared

0.00

None

97.48K

ISHARES TR

DFND

CORE S&P SCP ETF

Shares279.01K

TypeSH

Market value$33.15M

3.88%

Sole

227.04K

Shared

0.00

None

51.97K

ISHARES TR

DFND

CORE S&P500 ETF

Shares44.32K

TypeSH

Market value$29.66M

3.47%

Sole

37.86K

Shared

0.00

None

6.46K

ISHARES TR

DFND

CORE MSCI EAFE

Shares316.17K

TypeSH

Market value$27.61M

3.23%

Sole

150.16K

Shared

0.00

None

166.01K

ISHARES INC

DFND

CORE MSCI EMKT

Shares362.61K

TypeSH

Market value$23.90M

2.80%

Sole

130.93K

Shared

0.00

None

231.67K

NVIDIA CORPORATION

DFND

COM

Shares108.10K

TypeSH

Market value$20.17M

2.36%

Sole

76.64K

Shared

0.00

None

31.46K

MICROSOFT CORP

DFND

COM

Shares36.33K

TypeSH

Market value$18.82M

2.20%

Sole

20.53K

Shared

0.00

None

15.80K

SPDR S&P 500 ETF TR

DFND

TR UNIT

Shares22.33K

TypeSH

Market value$14.88M

1.74%

Sole

15.70K

Shared

0.00

None

6.63K

ISHARES TR

DFND

RUS 1000 GRW ETF

Shares31.32K

TypeSH

Market value$14.67M

1.72%

Sole

30.52K

Shared

0.00

None

802.00

AMAZON COM INC

DFND

COM

Shares63.08K

TypeSH

Market value$13.85M

1.62%

Sole

28.98K

Shared

0.00

None

34.09K

VANGUARD MUN BD FDS

DFND

TAX EXEMPT BD

Shares274.56K

TypeSH

Market value$13.75M

1.61%

Sole

270.29K

Shared

0.00

None

4.27K

VANGUARD SCOTTSDALE FDS

DFND

SHRT TRM CORP BD

Shares155.64K

TypeSH

Market value$12.44M

1.46%

Sole

146.10K

Shared

0.00

None

9.54K

VANGUARD INDEX FDS

DFND

REAL ESTATE ETF

Shares133.91K

TypeSH

Market value$12.24M

1.43%

Sole

54.88K

Shared

0.00

None

79.03K

ISHARES TR

DFND

SHRT NAT MUN ETF

Shares109.26K

TypeSH

Market value$11.67M

1.36%

Sole

106.79K

Shared

0.00

None

2.47K

ISHARES GOLD TR

DFND

ISHARES NEW

Shares142.07K

TypeSH

Market value$10.34M

1.21%

Sole

29.10K

Shared

0.00

None

112.97K

VANGUARD INDEX FDS

DFND

VALUE ETF

Shares55.19K

TypeSH

Market value$10.29M

1.20%

Sole

32.33K

Shared

0.00

None

22.86K

ISHARES TR

DFND

BROAD USD HIGH

Shares268.50K

TypeSH

Market value$10.14M

1.19%

Sole

257.84K

Shared

0.00

None

10.67K

VANGUARD INTL EQUITY INDEX F

DFND

FTSE EMR MKT ETF

Shares179.65K

TypeSH

Market value$9.73M

1.14%

Sole

42.80K

Shared

0.00

None

136.85K

ISHARES TR

SOLE

CORE S&P TTL STK

Shares65.91K

TypeSH

Market value$9.60M

1.12%

Sole

65.91K

Shared

0.00

None

0.00

VANGUARD TAX-MANAGED FDS

DFND

VAN FTSE DEV MKT

Shares158.48K

TypeSH

Market value$9.50M

1.11%

Sole

37.13K

Shared

0.00

None

121.35K

FIRST TR EXCHANGE-TRADED FD

DFND

FST LOW OPPT EFT

Shares188.01K

TypeSH

Market value$9.36M

1.10%

Sole

186.16K

Shared

0.00

None

1.85K

JPMORGAN CHASE & CO.

DFND

COM

Shares29.65K

TypeSH

Market value$9.35M

1.09%

Sole

22.31K

Shared

0.00

None

7.34K

SELECT SECTOR SPDR TR

DFND

ENERGY

Shares102.11K

TypeSH

Market value$9.12M

1.07%

Sole

17.16K

Shared

0.00

None

84.94K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD INDEX FDSDFND	S&P 500 ETF SHS	119.64K	SH	$73.27M 8.57%	52.15K	67.49K
APPLE INCDFND	COM	163.70K	SH	$41.68M 4.88%	139.61K	24.09K
ISHARES TRDFND	CORE S&P MCP ETF	616.12K	SH	$40.21M 4.70%	518.64K	97.48K
ISHARES TRDFND	CORE S&P SCP ETF	279.01K	SH	$33.15M 3.88%	227.04K	51.97K
ISHARES TRDFND	CORE S&P500 ETF	44.32K	SH	$29.66M 3.47%	37.86K	6.46K
ISHARES TRDFND	CORE MSCI EAFE	316.17K	SH	$27.61M 3.23%	150.16K	166.01K
ISHARES INCDFND	CORE MSCI EMKT	362.61K	SH	$23.90M 2.80%	130.93K	231.67K
NVIDIA CORPORATIONDFND	COM	108.10K	SH	$20.17M 2.36%	76.64K	31.46K
MICROSOFT CORPDFND	COM	36.33K	SH	$18.82M 2.20%	20.53K	15.80K
SPDR S&P 500 ETF TRDFND	TR UNIT	22.33K	SH	$14.88M 1.74%	15.70K	6.63K
ISHARES TRDFND	RUS 1000 GRW ETF	31.32K	SH	$14.67M 1.72%	30.52K	802.00
AMAZON COM INCDFND	COM	63.08K	SH	$13.85M 1.62%	28.98K	34.09K
VANGUARD MUN BD FDSDFND	TAX EXEMPT BD	274.56K	SH	$13.75M 1.61%	270.29K	4.27K
VANGUARD SCOTTSDALE FDSDFND	SHRT TRM CORP BD	155.64K	SH	$12.44M 1.46%	146.10K	9.54K
VANGUARD INDEX FDSDFND	REAL ESTATE ETF	133.91K	SH	$12.24M 1.43%	54.88K	79.03K
ISHARES TRDFND	SHRT NAT MUN ETF	109.26K	SH	$11.67M 1.36%	106.79K	2.47K
ISHARES GOLD TRDFND	ISHARES NEW	142.07K	SH	$10.34M 1.21%	29.10K	112.97K
VANGUARD INDEX FDSDFND	VALUE ETF	55.19K	SH	$10.29M 1.20%	32.33K	22.86K
ISHARES TRDFND	BROAD USD HIGH	268.50K	SH	$10.14M 1.19%	257.84K	10.67K
VANGUARD INTL EQUITY INDEX FDFND	FTSE EMR MKT ETF	179.65K	SH	$9.73M 1.14%	42.80K	136.85K
ISHARES TRSOLE	CORE S&P TTL STK	65.91K	SH	$9.60M 1.12%	65.91K	0.00
VANGUARD TAX-MANAGED FDSDFND	VAN FTSE DEV MKT	158.48K	SH	$9.50M 1.11%	37.13K	121.35K
FIRST TR EXCHANGE-TRADED FDDFND	FST LOW OPPT EFT	188.01K	SH	$9.36M 1.10%	186.16K	1.85K
JPMORGAN CHASE & CO.DFND	COM	29.65K	SH	$9.35M 1.09%	22.31K	7.34K
SELECT SECTOR SPDR TRDFND	ENERGY	102.11K	SH	$9.12M 1.07%	17.16K	84.94K

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