SEC 13F Intelligence

Managers / Q4 2025 · view latest →

DAVIDSON TRUST CO

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

Reported Value
$240M
Q4 2025
Positions
259
Filings on Record
26
2019–present window
Filed
Jan 27, 2026
original filing

Summary

Davidson Trust Co reported $240M in U.S.-listed holdings across 259 positions for Q4 2025.

Its largest position, MSFT, represents 8.0% of the portfolio.

Compared with Q3 2025, the fund opened 13 new positions and exited 15.

Portfolio Metrics

Turnover
+6.9%
vs prior filed quarter
Top-10 Concentration
+32.5%
share of reported value
Largest Position
+8.0%
Microsoft
New / Exited
13 / 15
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: 61.1%ETP: 34.5%Other: 1.9%Closed-End Fund: 0.9%REIT: 0.5%Other: 1.0%
  • Common Stock · 61.1% · $146M
  • ETP · 34.5% · $83M
  • Other · 1.9% · $5M
  • Closed-End Fund · 0.9% · $2M
  • REIT · 0.5% · $1M
  • Other · 1.0% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES CORE TOTAL USD BOND MARNEW+15.1K15.1K+$701,404$701,404
SCHWSCHWAB CHARLES CORP NEWNEW+4.4K4.4K+$437,506$437,506
TSMTAIWAN SEMICONDUCTOR MFG SPON ANEW+1.3K1.3K+$401,743$401,743
VANGUARD SMALL CAP ETFNEW+1.3K1.3K+$335,607$335,607
FERGFERGUSON ENTERPRISES INCNEW+1.1K1.1K+$246,674$246,674
LHLABCORP HOLDINGS INCNEW+970970+$243,354$243,354
AGNCAGNC INVESTMENT CORPNEW+22.4K22.4K+$239,656$239,656
ISHARES JPMORGAN EMER MKTS BD ENEW+2.3K2.3K+$219,230$219,230

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

Holdings — Q4 2025

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →Equities8.66%$21M42.9K
2AAPLAPPLE INChistory →Equities6.39%$15M56.4K
3ABBVABBVIE INC COMhistory →Equities3.63%$9M38.1K
4GOOGALPHABET INC CAP STK CL CEquities2.70%$6M20.7K
5ABTABBOTT LABORATORIEShistory →Equities2.62%$6M50.1K
6VUGVANGUARD GROWTH ETF (MKT)history →Equities2.23%$5M11.0K
7VTVVANGUARD VALUE ETFhistory →Equities2.21%$5M27.7K
8ISHARES CORE S&P 500 (MKT) ETFEquities1.99%$5M7.0K
9ISHARES CORE MSCI TOT INTL STOCEquities1.92%$5M54.3K
10ISHARES RUSSELL MID-CAP (MKT)Equities1.71%$4M42.6K
11JNJJOHNSON AND JOHNSONhistory →Equities1.62%$4M18.8K
12COSTCOSTCO WHOLESALE CORPhistory →Equities1.55%$4M4.3K
13JPMJPMORGAN CHASE & CO COMhistory →Equities1.54%$4M11.5K
14ISHARES RUSSELL 2000 (MKT)Equities1.43%$3M14.0K
15EXMOCEXXON MOBIL CORPhistory →Equities1.41%$3M28.1K
16ISHARES CORE US AGGREGATE BONDFixed Income1.33%$3M31.9K
17GBCIGLACIER BANCORP INChistory →Equities1.31%$3M71.5K
18VANGUARD HIGH DIVIDEND YIELD ETEquities1.25%$3M20.8K
19AVGOBROADCOM INChistory →Equities1.15%$3M8.0K
20SPDR S&P 500 (MKT)Equities1.12%$3M3.9K
21PGPROCTER & GAMBLE COhistory →Equities1.04%$2M17.3K
22BRK/BBERKSHIRE HATHAWAY INC Bhistory →Equities1.02%$2M4.9K
23RTXRAYTHEON TECHS CORPhistory →Equities1.01%$2M13.3K
24VANGUARD FTSE DEVELOPED MARKETSEquities1.00%$2M38.4K
25SCHWAB U S LARGE CAP ETFEquities0.96%$2M85.6K
26AMZNAMAZON.COM INCEquities0.96%$2M10.0K
27MDYSPDR S&P MIDCAP 400 (MKT)Equities0.95%$2M3.8K
28CHUBB LIMITEDEquities0.89%$2M6.8K
29ADPAUTOMATIC DATA PROCESSING INCEquities0.88%$2M8.2K
30VANGUARD LARGE CAP ETFEquities0.82%$2M6.3K
31ISHARES MSCI EAFE (MKT)Equities0.82%$2M20.4K
32VANGUARD TOTAL STOCK MARKET ETFEquities0.81%$2M5.8K
33VANGUARD FTSE EMERGING MKTS ETFEquities0.76%$2M33.7K
34DISDISNEY WALT COEquities0.75%$2M15.8K
35NUVEEN CALIFORNIA QUALITY MUNIFixed Income0.73%$2M148.1K
36NEENEXTERA ENERGY INCEquities0.70%$2M20.9K
37PEPPEPSICO INCEquities0.69%$2M11.5K
38FIRST TRUST ETF VI HIGH INC ETFFixed Income0.66%$2M67.1K
39ISHARES RUSSELL 1000 GROWTHEquities0.63%$2M3.2K
40VANGUARD RUSSELL 1000 GROWTH INEquities0.59%$1M11.6K
41LOWLOWES COMPANIES INCEquities0.54%$1M5.4K
42VVISA INC CL AEquities0.53%$1M3.6K
43HONGBPHONEYWELL INTERNATIONAL INCEquities0.53%$1M6.5K
44KOCOCA COLA COEquities0.53%$1M18.1K
45CHVCHEVRON CORPEquities0.52%$1M8.2K
46NKENIKE INC CL BEquities0.51%$1M19.3K
47CMICUMMINS INCEquities0.50%$1M2.4K
48VANGUARD RUSSELL 1000 VALUE INDEquities0.50%$1M13.0K

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 ↗.