SEC 13F Intelligence

Managers / Q3 2021 · view latest →

DAVIDSON TRUST CO

CIK 0001133119 · 701 5TH AVENUE, SUITE 4050, SEATTLE, WA, 98104 · 406-791-7331

Reported Value
$131M
Q3 2021
Positions
197
Filings on Record
26
2019–present window
Filed
Nov 3, 2021
original filing

Summary

Davidson Trust Co reported $131M in U.S.-listed holdings across 197 positions for Q3 2021.

Its largest position, MSFT, represents 7.0% of the portfolio.

Compared with Q2 2021, the fund opened 13 new positions and exited 2.

Portfolio Metrics

Turnover
+4.4%
vs prior filed quarter
Top-10 Concentration
+35.2%
share of reported value
Largest Position
+7.0%
Microsoft
New / Exited
13 / 2
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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 ’19: $99MQ4 ’19Q1 ’20: $81MQ2 ’20: $103MQ3 ’20: $110MQ4 ’20: $116MQ4 ’20Q1 ’21: $119MQ2 ’21: $128MQ3 ’21: $131MQ4 ’21: $146MQ4 ’21Q1 ’22: $134MQ2 ’22: $112MQ3 ’22: $104MQ4 ’22: $113MQ4 ’22Q1 ’23: $130MQ2 ’23: $138MQ3 ’23: $135MQ4 ’23: $155MQ4 ’23Q1 ’24: $172MQ2 ’24: $145MQ3 ’24: $195MQ4 ’24: $194MQ4 ’24Q1 ’25: $210MQ2 ’25: $217MQ3 ’25: $242MQ4 ’25: $240MQ4 ’25Q1 ’26: $232Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 63.7%ETP: 30.4%Closed-End Fund: 3.1%Other: 1.2%MLP: 0.8%Other: 0.8%
  • Common Stock · 63.7% · $83M
  • ETP · 30.4% · $40M
  • Closed-End Fund · 3.1% · $4M
  • Other · 1.2% · $2M
  • MLP · 0.8% · $1M
  • Other · 0.8% · $999,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VEUVANGUARD FTSE ALL-WORLD EX-USNEW+7.2K7.2K+$439,000$439,000
SUNSUNOCO LTD PARTNERSHIPNEW+10.3K10.3K+$384,000$384,000
SARSARATOGA INVESTMENT CORP NEWNEW+13.0K13.0K+$374,000$374,000
LOWLOWES COMPANIES INCNEW+1.8K1.8K+$364,000$364,000
ABALLIANCE BERNSTEIN HOLDING LP UNEW+7.0K7.0K+$347,000$347,000
KNOT OFFSHORE PARTNERS LPNEW+17.0K17.0K+$319,000$319,000
DKLDELEK LOGISTICS PARTNERS LPNEW+7.0K7.0K+$317,000$317,000
GENERAL ELECTRIC CO NEWNEW+2.9K2.9K+$299,000$299,000

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

Holdings — Q3 2021

122 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →Equities7.03%$9M32.7K
2AAPLAPPLE INChistory →Equities5.81%$8M53.8K
3ABBVABBVIE INC COMhistory →Equities4.18%$5M50.8K
4ABTABBOTT LABORATORIEShistory →Equities4.12%$5M45.7K
5JNJJOHNSON AND JOHNSONhistory →Equities2.50%$3M20.3K
6NACNUVEEN CALIFORNIA QUALITY MUNIhistory →Fixed Income2.47%$3M206.3K
7VTVVANGUARD VALUE ETFhistory →Equities2.42%$3M23.4K
8PGPROCTER & GAMBLE COhistory →Equities2.28%$3M21.3K
9IWMISHARES RUSSELL 2000 (MKT)history →Equities2.19%$3M13.1K
10IWRISHARES RUSSELL MID-CAP (MKT)history →Equities2.17%$3M36.4K
11JPMJPMORGAN CHASE & CO COMhistory →Equities2.00%$3M16.0K
12IVVISHARES CORE S&P 500 (MKT) ETFhistory →Equities1.98%$3M6.0K
13DISDISNEY WALT COhistory →Equities1.98%$3M15.3K
14IXUSISHARES CORE MSCI TOT INTL STOChistory →Equities1.94%$3M35.7K
15EXMOCEXXON MOBIL CORPhistory →Equities1.87%$2M41.7K
16VUGVANGUARD GROWTH ETF (MKT)history →Equities1.86%$2M8.4K
17MDYSPDR S&P MIDCAP 400 (MKT)history →Equities1.67%$2M4.5K
18GOOGALPHABET INC CAP STK CL CEquities1.64%$2M804
19COSTCOSTCO WHOLESALE CORPhistory →Equities1.63%$2M4.8K
20ADPAUTOMATIC DATA PROCESSING INChistory →Equities1.55%$2M10.2K
21VYMVANGUARD HIGH DIVIDEND YIELD EThistory →Equities1.37%$2M17.4K
22AGGISHARES CORE US AGGREGATE BONDhistory →Fixed Income1.36%$2M15.5K
23NEENEXTERA ENERGY INChistory →Equities1.29%$2M21.5K
24SCHXSCHWAB U S LARGE CAP ETFhistory →Equities1.13%$1M14.3K
25RWRSPDR SERIES TRUST SPDR DOW JONEEquities0.97%$1M12.0K
26VVVANGUARD LARGE CAP ETFEquities0.96%$1M6.3K
27PEPPEPSICO INCEquities0.95%$1M8.3K
28DEDEERE & COMPANYEquities0.95%$1M3.7K
29EFAISHARES MSCI EAFE (MKT)Equities0.93%$1M15.7K
30TGTTARGET CORPEquities0.92%$1M5.2K
31CBCHUBB LIMITEDEquities0.90%$1M6.8K
32MCDMCDONALDS CORPEquities0.87%$1M4.7K
33HONHONEYWELL INTERNATIONAL INCEquities0.87%$1M5.3K
34SCHDSCHWAB U S DIVIDEND EQUITY ETFEquities0.84%$1M14.9K
35RTXRAYTHEON TECHS CORPEquities0.83%$1M12.6K
36INTCINTEL CORPEquities0.80%$1M19.8K
37IBMINTERNATIONAL BUSINESS MACHINESEquities0.78%$1M7.4K
38KOCOCA COLA COEquities0.77%$1M19.2K
39WFCWELLS FARGO & COMPANYEquities0.75%$987,00021.3K
40VWOVANGUARD FTSE EMERGING MKTS ETFEquities0.71%$935,00018.7K
41IWOISHARES RUSSELL 2000 GROWTHEquities0.69%$900,0003.1K
42BDXBECTON DICKINSON & COEquities0.67%$879,0003.6K
43VZVERIZON COMMUNICATIONS INCEquities0.66%$863,00016.0K
44BSVVANGUARD SHORT-TERM BOND ETFFixed Income0.63%$819,00010.0K
45LINDE PLCEquities0.61%$798,0002.7K
46VFCVF CORPORATIONEquities0.59%$770,00011.5K
47IJJISHARES S&P MID-CAP 400 VALUEEquities0.58%$758,0007.4K
48SPGIS&P GLOBAL INCEquities0.58%$755,0001.8K
49VEAVANGUARD FTSE DEVELOPED MARKETSEquities0.57%$742,00014.7K
50QCOMQUALCOMM INCEquities0.55%$715,0005.5K
51XPCQXPIMCO CALIFORNIA MUNI INCOME FUFixed Income0.54%$708,00037.4K
52SCHASCHWAB US SMALL CAP ETFEquities0.53%$693,0006.9K
53CSCOCISCO SYSTEMS INCEquities0.53%$691,00012.7K
54CVXCHEVRON CORPEquities0.50%$653,0006.4K
55CSXCSX CORPEquities0.50%$652,00021.9K
56SBUXSTARBUCKS CORPEquities0.49%$645,0005.8K
57EEMISHARES MSCI EMG MKT ETFEquities0.47%$615,00012.2K
58TAT&T INCEquities0.47%$612,00022.7K
59BNDXVANGUARD TOTAL INTL BD IDX ETFFixed Income0.45%$584,00010.3K
60TMOTHERMO FISHER SCIENTIFIC INCEquities0.44%$579,0001.0K
61IJKISHARES S&P MIDCAP 400 GROWTH EEquities0.42%$552,0007.0K
62AMZNAMAZON.COM INCEquities0.42%$549,000167
63PFEPFIZER INCEquities0.41%$536,00012.4K
64UPSUNITED PARCEL SERVICE CL BEquities0.41%$531,0002.9K
65BMYBRISTOL-MYERS SQUIBB COEquities0.40%$529,0008.9K
66ORCLORACLE CORPEquities0.40%$524,0006.0K
67BKLNINVESCO SENIOR LOAN ETFFixed Income0.40%$523,00023.6K
68NVSNOVARTIS AG ADREquities0.40%$520,0006.4K
69HOGHARLEY DAVIDSON INCEquities0.39%$513,00014.0K
70MMM3M COEquities0.38%$503,0002.9K
71VVISA INC CL AEquities0.38%$501,0002.3K
72IJHISHARES CORE S&P MID CAP ETFEquities0.37%$481,0001.8K
73CPTCAMDEN PROPERTY TRUST (REIT)Equities0.37%$479,0003.3K
74IWNISHARES RUSSELL 2000 VALUEEquities0.36%$469,0002.9K
75EXPDEXPEDITORS INTERNATIONALEquities0.35%$453,0003.8K
76VCSHVANGUARD SHORT-TERM CORP BD IDXFixed Income0.34%$439,0005.3K
77VEUVANGUARD FTSE ALL-WORLD EX-USEquities0.34%$439,0007.2K
78SLFSUN LIFE FINANCIAL INCEquities0.33%$427,0008.3K
79CATCATERPILLAR INCEquities0.32%$417,0002.2K
80KMBKIMBERLY-CLARK CORPEquities0.31%$410,0003.1K
81CMCSACOMCAST CORP CLASS AEquities0.31%$404,0007.2K
82SUNSUNOCO LTD PARTNERSHIPEquities0.29%$384,00010.3K
83SARSARATOGA INVESTMENT CORP NEWEquities0.29%$374,00013.0K
84PRFINVESCO FTSE RAFI US 1000 ETFEquities0.28%$369,0002.3K
85LOWLOWES COMPANIES INCEquities0.28%$364,0001.8K
86IEMGISHARES CORE MSCI EMERGING MKTSEquities0.28%$363,0005.9K
87ABALLIANCE BERNSTEIN HOLDING LP UEquities0.26%$347,0007.0K
88AMGNAMGEN INCEquities0.26%$345,0001.6K
89VNQVANGUARD REIT ETF (MKT)Equities0.26%$343,0003.4K
90MRKMERCK & CO INCEquities0.26%$341,0004.5K
91AXPAMERICAN EXPRESS COEquities0.25%$327,0001.9K
92FDXFEDEX CORPEquities0.25%$325,0001.5K
93CVSCVS HEALTH CORPORATIONEquities0.25%$323,0003.8K
94KNOT OFFSHORE PARTNERS LPEquities0.24%$319,00017.0K
95DKLDELEK LOGISTICS PARTNERS LPEquities0.24%$317,0007.0K
96BRK/BBERKSHIRE HATHAWAY INC BEquities0.24%$311,0001.1K
97GENERAL ELECTRIC CO NEWEquities0.23%$299,0002.9K
98CARRCARRIER GLOBAL CORPEquities0.22%$294,0005.7K
99PMPHILIP MORRIS INTL INCEquities0.22%$291,0003.1K
100NSCNORFOLK SOUTHERN CORPEquities0.22%$285,0001.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$232M258Apr 20, 202613F-HRchanges · EDGAR ↗
Q4 2025$240M259Jan 27, 202613F-HRchanges · EDGAR ↗
Q3 2025$242M265Oct 20, 202513F-HRchanges · EDGAR ↗
Q2 2025$217M240Jul 28, 202513F-HRchanges · EDGAR ↗
Q1 2025$210M241Apr 29, 202513F-HRchanges · EDGAR ↗
Q4 2024$194M235Jan 31, 202513F-HRchanges · EDGAR ↗
Q3 2024$195M236Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$145M214Jul 31, 202413F-HRchanges · EDGAR ↗
Q1 2024$172M221May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$155M211Jan 31, 202413F-HRchanges · EDGAR ↗
Q3 2023$135M199Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$138M197Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$130M189Apr 24, 202313F-HRchanges · EDGAR ↗
Q4 2022$113M172Feb 15, 202313F-HRchanges · EDGAR ↗
Q3 2022$104M161Nov 7, 202213F-HRchanges · EDGAR ↗
Q2 2022$112M171Jul 27, 202213F-HRchanges · EDGAR ↗
Q1 2022$134M200May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$146M199Jan 28, 202213F-HRchanges · EDGAR ↗
Q3 2021$131M197Nov 3, 202113F-HRchanges · EDGAR ↗
Q2 2021$128M182Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$119M189May 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$116M189Feb 10, 202113F-HRchanges · EDGAR ↗
Q3 2020$110M181Nov 2, 202013F-HRchanges · EDGAR ↗
Q2 2020$103M178Aug 11, 202013F-HRchanges · EDGAR ↗
Q1 2020$81M154May 6, 202013F-HRchanges · EDGAR ↗
Q4 2019$99M160Feb 14, 202013F-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 ↗.