SEC 13F Intelligence

Managers / Q2 2023 · view latest →

D.A. DAVIDSON & CO.

CIK 0001080107 · 8 THIRD STREET NORTH, GREAT FALLS, MT, 59401 · 4067917283

Reported Value
$9.5B
Q2 2023
Positions
1,346
Filings on Record
30
2019–present window
Filed
Aug 11, 2023
original filing

Summary

D.a. Davidson & Co. reported $9.5B in U.S.-listed holdings across 1,346 positions for Q2 2023.

Its largest position, VTV, represents 7.2% of the portfolio.

Compared with Q1 2023, the fund opened 80 new positions and exited 83.

Portfolio Metrics

Turnover
+2.9%
vs prior filed quarter
Top-10 Concentration
+31.9%
share of reported value
Largest Position
+7.2%
Vanguard Index Fds
New / Exited
80 / 83
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
Q4 ’18: $5.1BQ4 ’18Q1 ’19: $5.8BQ2 ’19: $5.4BQ3 ’19: $5.6BQ4 ’19: $6.2BQ4 ’19Q1 ’20: $5.1BQ2 ’20: $5.4BQ3 ’20: $5.7BQ4 ’20: $6.5BQ4 ’20Q1 ’21: $7.8BQ2 ’21: $8.5BQ3 ’21: $8.6BQ4 ’21: $9.4BQ4 ’21Q1 ’22: $9.2BQ2 ’22: $8.0BQ3 ’22: $7.6BQ4 ’22: $8.5BQ4 ’22Q1 ’23: $8.9BQ2 ’23: $9.5BQ3 ’23: $9.2BQ4 ’23: $10.2BQ4 ’23Q1 ’24: $11.1BQ2 ’24: $11.3BQ3 ’24: $12.1BQ4 ’24: $12.3BQ4 ’24Q1 ’25: $12.5BQ2 ’25: $14.2BQ3 ’25: $15.6BQ4 ’25: $16.3BQ4 ’25Q1 ’26: $16.5Bfilingsflow.com

Portfolio Composition

By security type
ETP: 52.7%Common Stock: 42.2%Other: 1.8%ADR: 1.1%REIT: 1.0%Other: 1.2%
  • ETP · 52.7% · $5.0B
  • Common Stock · 42.2% · $4.0B
  • Other · 1.8% · $166M
  • ADR · 1.1% · $106M
  • REIT · 1.0% · $99M
  • Other · 1.2% · $112M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FIRST TR EXCHANGE-TRADED FDNEW+160.9K160.9K+$7M$7M
WOLF*WOLFSPEED INCNEW+48.6K48.6K+$3M$3M
CPCANADIAN PACIFIC KANSAS CITYNEW+29.2K29.2K+$2M$2M
FIRST TR EXCHANGE TRADED FDNEW+33.0K33.0K+$2M$2M
J P MORGAN EXCHANGE TRADED FNEW+37.1K37.1K+$2M$2M
BROBROWN & BROWN INCNEW+24.1K24.1K+$2M$2M
GLOBAL X FDSNEW+43.6K43.6K+$2M$2M
KNFKNIFE RIVER CORPNEW+36.8K36.8K+$2M$2M

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

Holdings — Q2 2023

39 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VTVVANGUARD INDEX FDSVALUE ETF · GROWTH ETF · TOTAL STK MKT · S&P 500 ETF SHS14.67%$1.4B7.34M
2ISHARES TRCORE MSCI TOTAL · CORE US AGGBD ET · RUS 2000 VAL ETF · RUS 2000 GRW ETF · RUS 1000 GRW ETF · S&P MC 400VL ETF · CORE S&P500 ETF · S&P MC 400GR ETF · MSCI USA QLT FCT14.43%$1.4B13.64M
3AAPLAPPLE INChistory →COM3.14%$297M1.53M
4MSFTMICROSOFT CORPhistory →COM2.63%$249M730.4K
5VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT1.64%$155M3.35M
6SPDR SER TRPORTFOLIO INTRMD1.48%$140M4.36M
7BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.96%$91M266.6K
8JNJJOHNSON & JOHNSONhistory →COM0.95%$90M544.8K
9COSTCOSTCO WHSL CORP NEWhistory →COM0.90%$85M157.9K
10VVISA INChistory →COM CL A0.85%$80M338.3K
11PEPPEPSICO INChistory →COM0.83%$79M424.4K
12AMZNAMAZON COM INChistory →COM0.80%$75M579.1K
13SCHWAB STRATEGIC TRUS DIVIDEND EQ0.76%$72M989.1K
14AVGOBROADCOM INChistory →COM0.74%$70M80.9K
15MRKMERCK & CO INChistory →COM0.73%$69M601.3K
16VANGUARD WHITEHALL FDSHIGH DIV YLD0.69%$65M613.3K
17RTXRAYTHEON TECHNOLOGIES CORPhistory →COM0.68%$64M658.3K
18VANGUARD BD INDEX FDSSHORT TRM BOND0.64%$61M802.9K
19VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.61%$58M1.43M
20JPMJPMORGAN CHASE & COhistory →COM0.59%$56M381.7K
21ADPAUTOMATIC DATA PROCESSING INhistory →COM0.58%$55M252.0K
22DFAXDIMENSIONAL ETF TRUSThistory →WORLD EX US CORE0.58%$55M2.38M
23CMICUMMINS INChistory →COM0.58%$55M224.2K
24INVESCO EXCHANGE TRADED FD TFTSE RAFI 10000.56%$53M325.9K
25QCOMQUALCOMM INChistory →COM0.56%$53M444.6K
26NVSNNOVARTIS AGhistory →SPONSORED ADR0.53%$50M496.5K
27CHVCHEVRON CORP NEWhistory →COM0.49%$47M297.6K
28VANGUARD SPECIALIZED FUNDSDIV APP ETF0.49%$46M284.0K
29CHUBB LIMITEDCOM0.49%$46M238.6K
30SBUXSTARBUCKS CORPhistory →COM0.48%$46M461.4K
31AMGNAMGEN INChistory →COM0.48%$46M205.5K
32GOOGLALPHABET INChistory →CAP STK CL A0.48%$45M379.2K
33SPGIS&P GLOBAL INChistory →COM0.46%$44M109.2K
34NDQINVESCO QQQ TRhistory →UNIT SER 10.45%$43M116.4K
35NVDANVIDIA CORPORATIONhistory →COM0.44%$41M97.4K
36NEENEXTERA ENERGY INChistory →COM0.43%$40M544.0K
37SPDR S&P 500 ETF TRTR UNIT0.42%$39M89.1K
38EXMOCEXXON MOBIL CORPhistory →COM0.41%$39M359.9K
39VANECK ETF TRUSTHIGH YLD MUNIETF0.40%$38M743.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$16.5B1,567May 5, 202613F-HRchanges · EDGAR ↗
Q4 2025$16.3B1,519Jan 29, 202613F-HRchanges · EDGAR ↗
Q3 2025$15.6B1,533Oct 22, 202513F-HRchanges · EDGAR ↗
Q2 2025$14.2B1,444Jul 30, 202513F-HRchanges · EDGAR ↗
Q1 2025$12.5B1,406Apr 28, 202513F-HRchanges · EDGAR ↗
Q4 2024$12.3B1,420Jan 31, 202513F-HRchanges · EDGAR ↗
Q3 2024$12.1B1,377Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$11.3B1,366Aug 1, 202413F-HRchanges · EDGAR ↗
Q1 2024$11.1B1,381May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$10.2B1,360Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$9.2B1,331Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$9.5B1,346Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$8.9B1,347Apr 25, 202313F-HRchanges · EDGAR ↗
Q4 2022$8.5B1,322Feb 3, 202313F-HRchanges · EDGAR ↗
Q3 2022$7.6B1,285Nov 7, 202213F-HRchanges · EDGAR ↗
Q2 2022$8.0B1,283Jul 28, 202213F-HRchanges · EDGAR ↗
Q1 2022$9.2B1,281May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$9.4B1,264Jan 31, 202213F-HRchanges · EDGAR ↗
Q3 2021$8.6B1,209Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$8.5B1,186Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$7.8B1,150May 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$6.5B1,018Feb 10, 202113F-HRchanges · EDGAR ↗
Q3 2020$5.7B951Nov 2, 202013F-HRchanges · EDGAR ↗
Q2 2020$5.4B934Aug 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$5.1B985May 5, 202013F-HRchanges · EDGAR ↗
Q4 2019$6.2B1,031Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$5.6B1,002Nov 5, 201913F-HRchanges · EDGAR ↗
Q2 2019$5.4B991Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$5.8B1,133May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$5.1B1,090Jan 29, 201913F-HRchanges · EDGAR ↗

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 ↗.