SEC 13F Intelligence

Managers / Q1 2023 · view latest →

DAVIDSON TRUST CO

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

Reported Value
$130M
Q1 2023
Positions
189
Filings on Record
26
2019–present window
Filed
Apr 24, 2023
original filing

Summary

Davidson Trust Co reported $130M in U.S.-listed holdings across 189 positions for Q1 2023.

Its largest position, MSFT, represents 6.6% of the portfolio.

Compared with Q4 2022, the fund opened 14 new positions and exited 3.

Portfolio Metrics

Turnover
+2.1%
vs prior filed quarter
Top-10 Concentration
+34.9%
share of reported value
Largest Position
+6.6%
Microsoft
New / Exited
14 / 3
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 ’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: 64.1%ETP: 30.8%Other: 2.2%Closed-End Fund: 1.6%MLP: 0.7%Other: 0.7%
  • Common Stock · 64.1% · $83M
  • ETP · 30.8% · $40M
  • Other · 2.2% · $3M
  • Closed-End Fund · 1.6% · $2M
  • MLP · 0.7% · $940,192
  • Other · 0.7% · $844,662

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LINDE PLCNEW+2.3K2.3K+$803,294$803,294
MCKMCKESSON CORPNEW+1.1K1.1K+$391,299$391,299
ZTSZOETIS INCNEW+2.3K2.3K+$380,648$380,648
MAMASTERCARD INC CLASS ANEW+1.0K1.0K+$380,490$380,490
CANADIAN PACIFIC RAILWAY LTDNEW+4.6K4.6K+$350,154$350,154
SRESEMPRA ENERGYNEW+1.9K1.9K+$290,983$290,983
VANGUARD DIVIDEND APPREC IDX ETNEW+1.7K1.7K+$264,435$264,435
CATCATERPILLAR INCNEW+1.1K1.1K+$255,614$255,614

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

Holdings — Q1 2023

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →Equities7.38%$10M33.3K
2AAPLAPPLE INChistory →Equities5.96%$8M46.9K
3ABBVABBVIE INC COMhistory →Equities5.17%$7M42.1K
4ABTABBOTT LABORATORIEShistory →Equities3.04%$4M39.1K
5CHVCHEVRON CORPhistory →Equities3.02%$4M24.0K
6EXMOCEXXON MOBIL CORPhistory →Equities2.38%$3M28.2K
7VTVVANGUARD VALUE ETFhistory →Equities2.30%$3M21.7K
8JNJJOHNSON AND JOHNSONhistory →Equities2.21%$3M18.5K
9PGPROCTER & GAMBLE COhistory →Equities2.17%$3M19.0K
10ISHARES CORE S&P 500 (MKT) ETFEquities2.01%$3M6.4K
11ISHARES CORE MSCI TOT INTL STOCEquities1.97%$3M41.3K
12ISHARES RUSSELL MID-CAP (MKT)Equities1.93%$3M35.9K
13VUGVANGUARD GROWTH ETF (MKT)history →Equities1.89%$2M9.9K
14NKENIKE INC CL Bhistory →Equities1.86%$2M19.7K
15ISHARES RUSSELL 2000 (MKT)Equities1.83%$2M13.3K
16COSTCOSTCO WHOLESALE CORPhistory →Equities1.82%$2M4.8K
17ISHARES CORE US AGGREGATE BONDFixed Income1.63%$2M21.2K
18MDYSPDR S&P MIDCAP 400 (MKT)history →Equities1.59%$2M4.5K
19JPMJPMORGAN CHASE & CO COMhistory →Equities1.36%$2M13.6K
20NUVEEN CALIFORNIA QUALITY MUNIFixed Income1.33%$2M157.3K
21ADPAUTOMATIC DATA PROCESSING INChistory →Equities1.31%$2M7.6K
22VANGUARD TOTAL STOCK MARKET ETFEquities1.21%$2M7.7K
23DISDISNEY WALT COhistory →Equities1.16%$2M15.1K
24GOOGALPHABET INC CAP STK CL CEquities1.16%$2M14.5K
25VANGUARD HIGH DIVIDEND YIELD ETEquities1.15%$1M14.2K
26KOCOCA COLA COhistory →Equities1.09%$1M22.8K
27SCHWAB U S LARGE CAP ETFEquities1.06%$1M28.5K
28CHUBB LIMITEDEquities0.99%$1M6.6K
29RTXRAYTHEON TECHS CORPEquities0.95%$1M12.6K
30VANGUARD LARGE CAP ETFEquities0.90%$1M6.3K
31NEENEXTERA ENERGY INCEquities0.88%$1M14.8K
32PEPPEPSICO INCEquities0.86%$1M6.1K
33ISHARES MSCI EAFE (MKT)Equities0.84%$1M15.2K
34VANGUARD FTSE DEVELOPED MARKETSEquities0.73%$950,08721.0K
35SPDR SERIES TRUST SPDR DOW JONEEquities0.73%$945,59610.7K
36SCHWAB U S DIVIDEND EQUITY ETFEquities0.71%$917,83112.5K
37VANGUARD SHORT-TERM BOND ETFFixed Income0.69%$894,04011.7K
38MCDMCDONALDS CORPEquities0.66%$858,9623.1K
39DEDEERE & COMPANYEquities0.66%$854,2492.1K
40HONGBPHONEYWELL INTERNATIONAL INCEquities0.65%$849,9114.4K
41VVISA INC CL AEquities0.59%$769,9463.4K
42WFCWELLS FARGO & COMPANYEquities0.57%$735,60119.7K
43VANGUARD FTSE EMERGING MKTS ETFEquities0.56%$724,47417.9K
44BMYBRISTOL-MYERS SQUIBB COEquities0.54%$697,67410.1K
45ISHARES S&P MID-CAP 400 VALUEEquities0.53%$687,0316.7K
46SPDR PORT INTERMEDIATE TERM CORFixed Income0.53%$684,36421.1K
47ISHARES RUSSELL 2000 GROWTHEquities0.53%$682,5033.0K
48CSXCSX CORPEquities0.52%$670,59622.4K

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 ↗.