Albion Financial Group
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 17, 2025), Albion Financial Group reported 681 stock positions worth $1.5 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 10.8% of the portfolio, followed by Apple (AAPL, 6.0%) and iShares Russell Mid-Cap ETF (IWR, 5.3%). Compared with Q3 2024, it opened 191 new positions, sold out of 19, added to 148 and reduced 101. The biggest buy was Amazon.com (AMZN, shares +3%) and the biggest sale Franklin U.S. Low Volatility (LVHD, shares −26%).
- Most Recent 13F
- Q2 2026
- Location
- SALT LAKE CITY, UT
- CIK
- 0001054677
- Portfolio Value
- $1.5B (Q4 2024)
- SEC Filing
- 0001054677-25-000002 ↗ filed Jan 17, 2025
Holdings Value
Holdings 681 stocks · $1.5B
| VOO Vanguard S&P 500 ETF | 10.82% | 293,297 | $158.0M | Reduce -2.5% |
| AAPL Apple Inc. | 6.02% | 351,175 | $87.9M | Add +0.7% |
| IWR iShares Russell Mid-Cap ETF | 5.30% | 876,233 | $77.5M | Reduce -3.3% |
| MSFT Microsoft Corp. | 3.97% | 137,596 | $58.0M | Reduce -1.3% |
| AMZN Amazon.com Inc. | 3.72% | 247,541 | $54.3M | Add +2.8% |
| GOOGL Alphabet Inc. Class A | 3.40% | 262,522 | $49.7M | Reduce -0.7% |
| NVDA Nvidia Corp. | 2.81% | 305,306 | $41.0M | Add +1.1% |
| IJR iShares Core S&P Small-Cap E | 2.58% | 326,955 | $37.7M | Reduce -1.2% |
| LVHD Franklin U.S. Low Volatility | 2.20% | 837,466 | $32.1M | Reduce -26.5% |
| VGIT Vanguard Intermediate-Term T | 2.10% | 528,491 | $30.7M | Add +12.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.07% | 66,853 | $30.3M | Reduce -1.1% |
| AVGO Broadcom Inc. | 2.02% | 127,088 | $29.5M | Reduce -3.2% |
| FISV Fiserv Inc. | 1.95% | 138,884 | $28.5M | Reduce -0.6% |
| ORCL Oracle Corp. | 1.85% | 162,076 | $27.0M | Reduce -0.1% |
| HD Home Depot Inc. | 1.78% | 66,712 | $26.0M | Add +0.8% |
| VEU Vanguard Ftse All-World Ex-U | 1.74% | 443,638 | $25.5M | Reduce -1.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 1.73% | 324,898 | $25.3M | Add +6.4% |
| JMBS Janus Henderson Mortg Backed | 1.64% | 541,875 | $23.9M | Add +13.7% |
| JAAA Janus Henderson Aaa Clo ETF | 1.61% | 464,534 | $23.6M | Add +18.3% |
| JPM JPMorgan Chase & Co. | 1.57% | 95,568 | $22.9M | Reduce -0.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.48% | 36,800 | $21.6M | Reduce -0.5% |
| V Visa Inc. Class A | 1.45% | 67,002 | $21.2M | Add +1.8% |
| COST Costco Wholesale Corp. | 1.37% | 21,846 | $20.0M | No change |
| UNH Unitedhealth Group Inc. | 1.21% | 34,833 | $17.6M | Reduce -3.3% |
| ACN Accenture PLC Class A | 1.17% | 48,576 | $17.1M | Reduce -0.8% |
| IBB iShares Biotechnology ETF | 1.16% | 128,698 | $17.0M | Reduce -1.0% |
| LMT Lockheed Martin Corp. | 1.02% | 30,719 | $14.9M | Reduce -1.4% |
| XLRE SS Real Estate Select Sector | 0.95% | 341,562 | $13.9M | Reduce -2.4% |
| HON Honeywell International Inc. | 0.94% | 60,683 | $13.7M | Reduce -1.2% |
| TMO Thermo Fisher Scientific Inc. | 0.91% | 25,684 | $13.4M | Reduce -1.4% |
| SBUX Starbucks Corp. | 0.91% | 146,014 | $13.3M | Add +0.1% |
| VRT Vertiv Holdings Co. Class A | 0.85% | 108,687 | $12.3M | Add +6.9% |
| BLK BlackRock Inc. | 0.80% | 11,355 | $11.6M | Reduce -1.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.76% | 100,307 | $11.2M | Add +3.0% |
| SCHD Schwab US DVD Equity ETF | 0.74% | 393,304 | $10.7M | Add +5.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.71% | 20,311 | $10.4M | Reduce -5.8% |
| MUB iShares National Muni Bond E | 0.65% | 88,678 | $9.4M | Add +10.7% |
| CSCO Cisco Systems Inc. | 0.64% | 158,815 | $9.4M | Add +0.3% |
| GE General Electric filed as GE AEROSPACE | 0.60% | 52,731 | $8.8M | No change |
| MCD McDonald's Corp. | 0.59% | 29,749 | $8.6M | Reduce -0.8% |
| QCOM Qualcomm Inc. | 0.58% | 55,258 | $8.5M | Reduce -1.5% |
| MS Morgan Stanley | 0.56% | 65,279 | $8.2M | Reduce -1.8% |
| UNP Union Pacific Corp. | 0.55% | 35,299 | $8.0M | Reduce -1.2% |
| JUST Goldman Sachs Just US LRG | 0.55% | 96,715 | $8.0M | Add +18.5% |
| ABBV Abbvie Inc. | 0.55% | 45,218 | $8.0M | Add +2.8% |
| DGRW Wisdomtree U.S. Quality Divi | 0.49% | 88,927 | $7.2M | Reduce -0.0% |
| PAYX Paychex Inc. | 0.48% | 49,807 | $7.0M | Reduce -1.5% |
| AMGN Amgen Inc. | 0.47% | 26,323 | $6.9M | Reduce -1.4% |
| MAIN Main Street Capital Corp. | 0.46% | 113,917 | $6.7M | Reduce -1.0% |
| SO The Southern Co. | 0.44% | 78,310 | $6.4M | Reduce -1.0% |
| PEP Pepsico Inc. | 0.41% | 39,108 | $5.9M | Add +0.6% |
| UBER Uber Technologies Inc. | 0.38% | 93,151 | $5.6M | Add +2061.8% |
| PG The Procter & Gamble Co. | 0.38% | 33,058 | $5.5M | Add +1.0% |
| WEC WEC Energy Group Inc. | 0.36% | 56,403 | $5.3M | Add +0.1% |
| TGT Target Corp. | 0.36% | 38,767 | $5.2M | Reduce -2.4% |
| CLX Clorox Company | 0.36% | 32,105 | $5.2M | Reduce -0.9% |
| AFL Aflac Inc. | 0.35% | 49,684 | $5.1M | Reduce -0.5% |
| UPS United Parcel Service Class B | 0.34% | 39,652 | $5.0M | Reduce -0.8% |
| TXN Texas Instruments Inc. | 0.33% | 25,818 | $4.8M | Add +2.2% |
| KMB Kimberly-Clark Corp. | 0.32% | 36,008 | $4.7M | Reduce -0.7% |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | 0.32% | 112,200 | $4.7M | No change |
| PWRD TCW Transform Systems ETF | 0.32% | 64,221 | $4.7M | Add +62.7% |
| PABU Ishr Par-Alnd Clim Opt Mue-U | 0.31% | 70,245 | $4.6M | Add +1.5% |
| MRK Merck & Co. Inc. | 0.31% | 44,851 | $4.5M | Reduce -8.4% |
| ED Consolidated Edison Inc. | 0.30% | 49,778 | $4.4M | Add +0.1% |
| GEV GE Vernova Inc. | 0.30% | 13,181 | $4.3M | No change |
| IYT iShares US Transportation Et | 0.30% | 64,148 | $4.3M | New |
| DVY iShares Select Dividend ETF | 0.30% | 33,000 | $4.3M | No change |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.27% | 78,352 | $4.0M | Add +2.9% |
| CUBE Cubesmart | 0.25% | 86,664 | $3.7M | Reduce -2.9% |
| SHE SS SPDR MSCI U Gend Div ETF | 0.25% | 31,237 | $3.6M | Add +1.3% |
| ABT Abbott Laboratories | 0.24% | 30,579 | $3.5M | Add +0.7% |
| NNN NNN REIT Inc. | 0.24% | 84,132 | $3.4M | Reduce -2.7% |
| CVX Chevron Corp. | 0.22% | 22,113 | $3.2M | Add +0.4% |
| GPC Genuine Parts Co. | 0.21% | 26,344 | $3.1M | Reduce -2.8% |
| TSLA Tesla Inc. | 0.20% | 7,099 | $2.9M | Add +0.5% |
| HAS Hasbro Inc. | 0.19% | 48,423 | $2.7M | Reduce -1.2% |
| GOOG Alphabet Inc. Class C | 0.18% | 13,700 | $2.6M | Add +9.1% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 0.17% | 29,400 | $2.5M | Add +1.3% |
| CCI Crown Castle Inc. | 0.17% | 26,990 | $2.4M | Reduce -24.0% |
| SRLN SS Blackstone Sr Loan ETF | 0.17% | 58,310 | $2.4M | Reduce -13.8% |
| WSM Williams-Sonoma Inc. | 0.15% | 11,802 | $2.2M | Add +2.8% |
| KRMD Koru Medical Systems Inc. | 0.15% | 566,374 | $2.2M | Reduce -15.2% |
| ARCC Ares Capital Corp. | 0.14% | 92,910 | $2.0M | Reduce -5.5% |
| CRM Salesforce Inc. | 0.14% | 5,953 | $2.0M | Reduce -23.9% |
| DMXF iShares ESG Advanc MSCI Eafe | 0.12% | 26,297 | $1.7M | Add +0.3% |
| GBDC Golub Capital BDC Inc. | 0.11% | 109,828 | $1.7M | Reduce -3.6% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.11% | 14,017 | $1.6M | Add +1.0% |
| CUT Invesco MSCI Global Timber E | 0.11% | 52,000 | $1.6M | No change |
| SOXX iShares Semiconductor ETF | 0.11% | 7,462 | $1.6M | Reduce -5.3% |
| MDT Medtronic PLC | 0.11% | 19,858 | $1.6M | Reduce -3.8% |
| EWC iShares MSCI Canada ETF | 0.11% | 39,000 | $1.6M | No change |
| XYL Xylem Inc. | 0.11% | 13,447 | $1.6M | Add +2.5% |
| GEHC GE Healthcare Technology | 0.11% | 19,825 | $1.5M | No change |
| CRBN Ish Low Car Opt Ms Ac ETF-US | 0.10% | 7,825 | $1.5M | Add +0.8% |
| DLR Digital Realty Trust Inc. | 0.10% | 8,278 | $1.5M | Reduce -1.2% |
| PTON Peloton Interactive Inc. Class A | 0.10% | 166,000 | $1.4M | No change |
| RIVN Rivian Automotive Inc. Class A | 0.10% | 107,307 | $1.4M | Add +0.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.10% | 6,325 | $1.4M | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.09% | 4,758 | $1.4M | Reduce -1.1% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $30K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 25 | $30K | No change |
Lines left out (1) · $8 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| STR Sitio Royalties Corp. Class A | CLASS A COM | 0 | $8 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $1.5B.
Portfolio Sells Q3 2024 → Q4 2024
| LVHD Franklin U.S. Low Volatility | Reduce -26.5% | 2.20% | −1.02 |
| UNH Unitedhealth Group Inc. | Reduce -3.3% | 1.21% | −0.25 |
| LMT Lockheed Martin Corp. | Reduce -1.4% | 1.02% | −0.24 |
| IWR iShares Russell Mid-Cap ETF | Reduce -3.3% | 5.30% | −0.24 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -1.1% | 1.74% | −0.22 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.4% | 0.91% | −0.20 |
| MSFT Microsoft Corp. | Reduce -1.3% | 3.97% | −0.19 |
| VOO Vanguard S&P 500 ETF | Reduce -2.5% | 10.82% | −0.19 |
| IBB iShares Biotechnology ETF | Reduce -1.0% | 1.16% | −0.15 |
| XLRE SS Real Estate Select Sector | Reduce -2.4% | 0.95% | −0.13 |
| AMGN Amgen Inc. | Reduce -1.4% | 0.47% | −0.13 |
| CCI Crown Castle Inc. | Reduce -24.0% | 0.17% | −0.12 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.2% | 2.58% | −0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.1% | 2.07% | −0.09 |
| QCOM Qualcomm Inc. | Reduce -1.5% | 0.58% | −0.08 |
| MRK Merck & Co. Inc. | Reduce -8.4% | 0.31% | −0.08 |
| CUBE Cubesmart | Reduce -2.9% | 0.25% | −0.08 |
| ORCL Oracle Corp. | Reduce -0.1% | 1.85% | −0.07 |
| TGT Target Corp. | Reduce -2.4% | 0.36% | −0.07 |
| ENPH Enphase Energy Inc. | Reduce -97.3% | 0.00% | −0.07 |
| RUN Sunrun Inc. | Reduce -100.0% | 0.00% | −0.07 |
| HAS Hasbro Inc. | Reduce -1.2% | 0.19% | −0.06 |
| UNP Union Pacific Corp. | Reduce -1.2% | 0.55% | −0.06 |
| NNN NNN REIT Inc. | Reduce -2.7% | 0.24% | −0.06 |
| SO The Southern Co. | Reduce -1.0% | 0.44% | −0.05 |
| GPC Genuine Parts Co. | Reduce -2.8% | 0.21% | −0.05 |
| MCD McDonald's Corp. | Reduce -0.8% | 0.59% | −0.04 |
| UPS United Parcel Service Class B | Reduce -0.8% | 0.34% | −0.04 |
| AFL Aflac Inc. | Reduce -0.5% | 0.35% | −0.04 |
| KMB Kimberly-Clark Corp. | Reduce -0.7% | 0.32% | −0.04 |
| SCHW Schwab (charles) Corp. | Reduce -94.3% | 0.00% | −0.03 |
| ACN Accenture PLC Class A | Reduce -0.8% | 1.17% | −0.03 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -13.8% | 0.17% | −0.03 |
| AWK American Water Works Co. Inc. | Reduce -9.9% | 0.08% | −0.03 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -0.0% | 0.49% | −0.02 |
| MDT Medtronic PLC | Reduce -3.8% | 0.11% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -5.8% | 0.71% | −0.02 |
| VIG Vanguard Dividend Apprec ETF | Reduce -17.3% | 0.08% | −0.02 |
| ZTS Zoetis Inc. | Reduce -74.5% | 0.01% | −0.02 |
| PGX Invesco Preferred ETF | Reduce -10.8% | 0.08% | −0.02 |
| SOXX iShares Semiconductor ETF | Reduce -5.3% | 0.11% | −0.02 |
| MTD Mettler-Toledo International | Reduce -0.4% | 0.06% | −0.02 |
| JNJ Johnson & Johnson | Reduce -2.2% | 0.09% | −0.01 |
| ADBE Adobe Inc. | Reduce -3.5% | 0.06% | −0.01 |
| CRM Salesforce Inc. | Reduce -23.9% | 0.14% | −0.01 |
| VGLT Vanguard Long-Term Treasury | Sold out | 0.00% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -13.3% | 0.04% | −0.01 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.01 |
| FOXF Fox Factory Holding Corp. | Reduce -95.4% | 0.00% | −0.01 |
| A Agilent Technologies Inc. | Reduce -0.0% | 0.09% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| AMZN Amazon.com Inc. | Add +2.8% | 3.72% | +0.60 |
| AAPL Apple Inc. | Add +0.7% | 6.02% | +0.38 |
| UBER Uber Technologies Inc. | Add +2061.8% | 0.38% | +0.36 |
| IYT iShares US Transportation Et | New | 0.30% | +0.30 |
| NVDA Nvidia Corp. | Add +1.1% | 2.81% | +0.26 |
| JAAA Janus Henderson Aaa Clo ETF | Add +18.3% | 1.61% | +0.23 |
| V Visa Inc. Class A | Add +1.8% | 1.45% | +0.19 |
| VRT Vertiv Holdings Co. Class A | Add +6.9% | 0.85% | +0.14 |
| VGIT Vanguard Intermediate-Term T | Add +12.2% | 2.10% | +0.12 |
| PWRD TCW Transform Systems ETF | Add +62.7% | 0.32% | +0.12 |
| DIS The Walt Disney Co. | Add +3.0% | 0.76% | +0.11 |
| JMBS Janus Henderson Mortg Backed | Add +13.7% | 1.64% | +0.10 |
| JUST Goldman Sachs Just US LRG | Add +18.5% | 0.55% | +0.09 |
| USRT iShares Core US REIT ETF | Add +11198.2% | 0.07% | +0.07 |
| TSLA Tesla Inc. | Add +0.5% | 0.20% | +0.07 |
| CSCO Cisco Systems Inc. | Add +0.3% | 0.64% | +0.06 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +6.4% | 1.73% | +0.05 |
| MUB iShares National Muni Bond E | Add +10.7% | 0.65% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +9.1% | 0.18% | +0.03 |
| DIA SS SPDR Dow Jones Indus Avg | Add +162.3% | 0.05% | +0.03 |
| ESGV Vanguard ESG US Stock ETF | Add +336.4% | 0.03% | +0.03 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | New | 0.03% | +0.03 |
| WSM Williams-Sonoma Inc. | Add +2.8% | 0.15% | +0.03 |
| ADP Automatic Data Processing | Add +42.7% | 0.07% | +0.02 |
| META Meta Platforms Inc. Class A | Add +42.5% | 0.07% | +0.02 |
| XOM Exxon Mobil Corp. | Add +91.9% | 0.05% | +0.02 |
| LOW Lowe's Cos Inc. | Add +37200.0% | 0.02% | +0.02 |
| TJX TJX Companies Inc. | Add +38.4% | 0.06% | +0.02 |
| DHR Danaher Corp. | Add +360.7% | 0.02% | +0.01 |
| RIVN Rivian Automotive Inc. Class A | Add +0.3% | 0.10% | +0.01 |
| XBI SS SPDR S&P Biotech ETF | New | 0.01% | +0.01 |
| VGT Vanguard Info Tech ETF | Add +16.6% | 0.05% | +0.01 |
| SPIB SS SPDR P Int C Corp. ETF | New | 0.01% | +0.01 |
| BKLN Invesco Senior Loan ETF | New | 0.01% | +0.01 |
| VRSK Verisk Analytics Inc. | New | 0.01% | +0.01 |
| SYK Stryker Corp. | Add +112.7% | 0.02% | +0.01 |
| PABU Ishr Par-Alnd Clim Opt Mue-U | Add +1.5% | 0.31% | +0.01 |
| NSC Norfolk Southern Corp. | New | 0.01% | +0.01 |
| PM Philip Morris International | New | 0.01% | +0.01 |
| IWP iShares Russell Mid-Cap Grow | Add +450.5% | 0.01% | +0.01 |
| DE Deere & Co. | New | 0.01% | +0.01 |
| TTD Trade Desk Inc./the Class A | Add +1.0% | 0.11% | +0.01 |
| NXPI NXP Semiconductors NV | Add +263.2% | 0.01% | +0.01 |
| SON Sonoco Products Co. | New | 0.01% | +0.01 |
| SCHD Schwab US DVD Equity ETF | Add +5.4% | 0.74% | +0.01 |
| DUK Duke Energy Corp. | Add +18.8% | 0.06% | +0.01 |
| AOK iShares Core 30/70 Conservat | New | 0.00% | +0.00 |
| SHE SS SPDR MSCI U Gend Div ETF | Add +1.3% | 0.25% | +0.00 |
| EQIX Equinix Inc. | Add +2.4% | 0.06% | +0.00 |
| BN Brookfield Corp. | New | 0.00% | +0.00 |
Notes & Other Activity Q3 2024 → Q4 2024
| STR Sitio Royalties Corp. Class A | CLASS A COM | New | 0 | $8 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 646 | $1.7B | VOO, AAPL, GOOGL, AMZN, IWR |
| Q1 2026 | 733 | $1.5B | VOO, IWR, AAPL, GOOGL, AMZN |
| Q4 2025 | 648 | $1.6B | VOO, AAPL, IWR, MSFT, GOOGL |
| Q3 2025 | 650 | $1.7B | VOO, AAPL, IWR, MSFT, NVDA |
| Q2 2025 | 585 | $1.5B | VOO, IWR, MSFT, AAPL, AMZN |
| Q1 2025 | 606 | $1.4B | VOO, AAPL, IWR, MSFT, AMZN |
| Q4 2024 | 681 | $1.5B | VOO, AAPL, IWR, MSFT, AMZN |
| Q3 2024 | 509 | $1.4B | VOO, AAPL, IWR, MSFT, LVHD |
| Q2 2024 | 509 | $1.3B | VOO, IWR, AAPL, LVHD, MSFT |
| Q1 2024 | 501 | $1.3B | VOO, IWR, LVHD, AAPL, MSFT |