SEC 13F Intelligence

Managers / Q2 2023 · view latest →

DAVIDSON TRUST CO

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

Reported Value
$138M
Q2 2023
Positions
197
Filings on Record
26
2019–present window
Filed
Aug 10, 2023
original filing

Summary

Davidson Trust Co reported $138M in U.S.-listed holdings across 197 positions for Q2 2023.

Its largest position, MSFT, represents 7.4% of the portfolio.

Compared with Q1 2023, the fund opened 6 new positions and exited 2.

Portfolio Metrics

Turnover
+2.9%
vs prior filed quarter
Top-10 Concentration
+34.8%
share of reported value
Largest Position
+7.4%
Microsoft
New / Exited
6 / 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. 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: 64.7%ETP: 30.0%Other: 2.0%Closed-End Fund: 1.5%MLP: 0.7%Other: 1.1%
  • Common Stock · 64.7% · $89M
  • ETP · 30.0% · $41M
  • Other · 2.0% · $3M
  • Closed-End Fund · 1.5% · $2M
  • MLP · 0.7% · $950,220
  • Other · 1.1% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CMICUMMINS INCNEW+1.5K1.5K+$376,320$376,320
CPCANADIAN PACIFIC KANSAS CITY LTNEW+4.6K4.6K+$367,584$367,584
ECLECOLAB INCNEW+1.8K1.8K+$328,574$328,574
AMTAMERICAN TOWER CORP NEWNEW+1.5K1.5K+$291,298$291,298
VANGUARD MEGA CAP GROWTH ETFNEW+960960+$225,907$225,907
WYWEYERHAEUSER CONEW+6.3K6.3K+$210,242$210,242
BRK/BBERKSHIRE HATHAWAY INC BADDED+1.7K3.1K+$630,380$1M
CANADIAN PACIFIC RAILWAY LTDSOLD OUT−4.6K0−$350,154$0

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

Holdings — Q2 2023

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →Equities8.28%$11M33.6K
2AAPLAPPLE INChistory →Equities6.57%$9M46.9K
3ABBVABBVIE INC COMhistory →Equities4.12%$6M42.2K
4ABTABBOTT LABORATORIEShistory →Equities3.07%$4M39.0K
5CHVCHEVRON CORPhistory →Equities2.72%$4M23.9K
6JNJJOHNSON AND JOHNSONhistory →Equities2.33%$3M19.5K
7VTVVANGUARD VALUE ETFhistory →Equities2.27%$3M22.1K
8EXMOCEXXON MOBIL CORPhistory →Equities2.18%$3M28.2K
9ISHARES CORE S&P 500 (MKT) ETFEquities2.07%$3M6.4K
10PGPROCTER & GAMBLE COhistory →Equities2.03%$3M18.5K
11VUGVANGUARD GROWTH ETF (MKT)history →Equities2.02%$3M9.9K
12COSTCOSTCO WHOLESALE CORPhistory →Equities1.95%$3M5.0K
13ISHARES RUSSELL MID-CAP (MKT)Equities1.92%$3M36.4K
14ISHARES RUSSELL 2000 (MKT)Equities1.83%$3M13.5K
15ISHARES CORE MSCI TOT INTL STOCEquities1.74%$2M38.4K
16ISHARES CORE US AGGREGATE BONDFixed Income1.65%$2M23.3K
17NKENIKE INC CL Bhistory →Equities1.57%$2M19.7K
18MDYSPDR S&P MIDCAP 400 (MKT)history →Equities1.56%$2M4.5K
19JPMJPMORGAN CHASE & CO COMhistory →Equities1.41%$2M13.4K
20ADPAUTOMATIC DATA PROCESSING INChistory →Equities1.33%$2M8.4K
21GOOGALPHABET INC CAP STK CL CEquities1.26%$2M14.5K
22NUVEEN CALIFORNIA QUALITY MUNIFixed Income1.24%$2M157.3K
23VANGUARD TOTAL STOCK MARKET ETFEquities1.22%$2M7.7K
24SCHWAB U S LARGE CAP ETFEquities1.08%$1M28.5K
25VANGUARD HIGH DIVIDEND YIELD ETEquities1.07%$1M13.9K
26CHUBB LIMITEDEquities1.04%$1M7.5K
27RTXRAYTHEON TECHS CORPEquities1.00%$1M14.1K
28KOCOCA COLA COEquities0.99%$1M22.7K
29DISDISNEY WALT COEquities0.96%$1M14.9K
30VANGUARD LARGE CAP ETFEquities0.92%$1M6.3K
31NEENEXTERA ENERGY INCEquities0.88%$1M16.5K
32ISHARES MSCI EAFE (MKT)Equities0.83%$1M15.8K
33PEPPEPSICO INCEquities0.81%$1M6.0K
34BRK/BBERKSHIRE HATHAWAY INC BEquities0.76%$1M3.1K
35VANGUARD FTSE DEVELOPED MARKETSEquities0.72%$989,33121.4K
36SPDR SERIES TRUST SPDR DOW JONEEquities0.70%$963,27610.7K
37HONGBPHONEYWELL INTERNATIONAL INCEquities0.67%$922,7534.4K
38MCDMCDONALDS CORPEquities0.66%$910,1513.0K
39SCHWAB U S DIVIDEND EQUITY ETFEquities0.66%$907,88412.5K
40WFCWELLS FARGO & COMPANYEquities0.61%$838,15019.6K
41DEDEERE & COMPANYEquities0.60%$835,5022.1K
42VVISA INC CL AEquities0.58%$802,9203.4K
43CSXCSX CORPEquities0.55%$763,77222.4K
44SPDR PORT INTERMEDIATE TERM CORFixed Income0.52%$724,86722.6K
45ISHARES RUSSELL 2000 GROWTHEquities0.50%$687,7042.8K
46NVSNNOVARTIS AG ADREquities0.49%$671,4556.7K
47VANGUARD FTSE EMERGING MKTS ETFEquities0.48%$658,11616.2K
48BMYBRISTOL-MYERS SQUIBB COEquities0.47%$643,72110.1K

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 ↗.