Albion Financial Group
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 21, 2026), Albion Financial Group reported 648 stock positions worth $1.6 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 12.7% of the portfolio, followed by Apple (AAPL, 5.6%) and iShares Russell Mid-Cap ETF (IWR, 5.1%). Compared with Q3 2025, it opened 35 new positions, sold out of 39, added to 62 and reduced 168. The biggest buy was Ste STR SPDR PT S&P 500 ETF (SPYM, shares +54123%) and the biggest sale Fiserv (FISV, shares −37%).
- Most Recent 13F
- Q2 2026
- Location
- SALT LAKE CITY, UT
- CIK
- 0001054677
- Portfolio Value
- $1.6B (Q4 2025)
- SEC Filing
- 0001054677-26-000002 ↗ filed Jan 21, 2026
Holdings Value
Holdings 648 stocks · $1.6B
| VOO Vanguard S&P 500 ETF | 12.70% | 325,357 | $204.0M | Reduce -1.3% |
| AAPL Apple Inc. | 5.56% | 328,607 | $89.3M | Reduce -3.3% |
| IWR iShares Russell Mid-Cap ETF | 5.11% | 853,473 | $82.2M | Reduce -2.4% |
| MSFT Microsoft Corp. | 3.95% | 131,109 | $63.4M | Reduce -6.0% |
| GOOGL Alphabet Inc. Class A | 3.61% | 185,109 | $57.9M | Reduce -3.4% |
| AMZN Amazon.com Inc. | 3.56% | 247,619 | $57.2M | Reduce -1.3% |
| NVDA Nvidia Corp. | 3.35% | 288,949 | $53.9M | Reduce -3.9% |
| VGIT Vanguard Intermediate-Term T | 2.29% | 614,025 | $36.8M | Add +4.4% |
| IJR iShares Core S&P Small-Cap E | 2.11% | 281,684 | $33.9M | Reduce -11.6% |
| AVGO Broadcom Inc. | 2.09% | 96,954 | $33.6M | Reduce -11.4% |
| VEU Vanguard Ftse All-World Ex-U | 2.01% | 439,470 | $32.3M | Reduce -2.9% |
| JPM JPMorgan Chase & Co. | 1.86% | 92,572 | $29.8M | Reduce -4.1% |
| JMBS Janus Henderson Mortg Backed | 1.77% | 623,852 | $28.5M | Add +4.4% |
| VCSH Vanguard S/T Corp. Bond ETF | 1.76% | 354,987 | $28.3M | Add +1.1% |
| JAAA Janus Henderson Aaa Clo ETF | 1.75% | 555,134 | $28.1M | Add +4.0% |
| BLK BlackRock Inc. | 1.75% | 26,219 | $28.1M | Reduce -4.8% |
| SCHD Schwab US DVD Equity ETF | 1.72% | 1,008,987 | $27.7M | Reduce -2.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.61% | 37,992 | $25.9M | Add +1.6% |
| V Visa Inc. Class A | 1.48% | 67,587 | $23.7M | Reduce -2.4% |
| CSCO Cisco Systems Inc. | 1.35% | 282,343 | $21.7M | Reduce -4.8% |
| APH Amphenol Corp. Class A | 1.35% | 160,400 | $21.7M | Reduce -3.3% |
| IBB iShares Biotechnology ETF | 1.26% | 119,737 | $20.2M | Reduce -2.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.20% | 38,364 | $19.3M | Reduce -4.2% |
| QQQ Invesco QQQ Trust Series 1 | 1.19% | 31,225 | $19.2M | Add +0.1% |
| COST Costco Wholesale Corp. | 1.17% | 21,865 | $18.9M | Reduce -3.2% |
| PWR Quanta Services Inc. | 1.09% | 41,662 | $17.6M | Reduce -1.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.09% | 114,280 | $17.6M | Reduce -4.5% |
| ORCL Oracle Corp. | 1.07% | 88,417 | $17.2M | Reduce -2.9% |
| GE General Electric filed as GE AEROSPACE | 1.01% | 52,856 | $16.3M | Add +0.0% |
| META Meta Platforms Inc. Class A | 0.96% | 23,440 | $15.5M | Reduce -4.1% |
| TMO Thermo Fisher Scientific Inc. | 0.88% | 24,400 | $14.1M | Reduce -2.5% |
| LMT Lockheed Martin Corp. | 0.86% | 28,419 | $13.7M | Reduce -6.6% |
| UBER Uber Technologies Inc. | 0.86% | 168,158 | $13.7M | Reduce -3.4% |
| ACN Accenture PLC Class A | 0.80% | 47,777 | $12.8M | Reduce -3.3% |
| VIG Vanguard Dividend Apprec ETF | 0.79% | 58,017 | $12.8M | Reduce -4.5% |
| HD Home Depot Inc. | 0.79% | 36,951 | $12.7M | Reduce -5.7% |
| MUB iShares National Muni Bond E | 0.74% | 111,352 | $11.9M | Reduce -1.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.73% | 103,044 | $11.7M | Reduce -6.1% |
| JUST Goldman Sachs Just US LRG | 0.71% | 117,581 | $11.4M | Reduce -2.3% |
| HON Honeywell International Inc. | 0.70% | 57,795 | $11.3M | Reduce -6.7% |
| SBUX Starbucks Corp. | 0.69% | 131,022 | $11.0M | Reduce -12.1% |
| MS Morgan Stanley | 0.67% | 60,833 | $10.8M | Reduce -6.2% |
| CRM Salesforce Inc. | 0.62% | 37,622 | $10.0M | Reduce -18.6% |
| RSG Republic Services Inc. | 0.60% | 45,848 | $9.7M | Reduce -9.4% |
| MCD McDonald's Corp. | 0.53% | 28,039 | $8.6M | Reduce -7.3% |
| PABU Ishr Par-Alnd Clim Opt Mue-U | 0.51% | 112,855 | $8.2M | Reduce -0.5% |
| AMGN Amgen Inc. | 0.49% | 24,281 | $7.9M | Reduce -8.8% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.49% | 98,686 | $7.9M | Add +54123.1% |
| GEV GE Vernova Inc. | 0.49% | 11,936 | $7.8M | Reduce -4.9% |
| UNP Union Pacific Corp. | 0.48% | 33,151 | $7.7M | Reduce -7.6% |
| DGRW Wisdomtree U.S. Quality Divi | 0.47% | 85,290 | $7.6M | Reduce -2.1% |
| QCOM Qualcomm Inc. | 0.47% | 44,037 | $7.5M | Reduce -10.5% |
| PWRD TCW Transform Systems ETF | 0.43% | 72,572 | $7.0M | Reduce -1.4% |
| WEC WEC Energy Group Inc. | 0.42% | 63,571 | $6.7M | Reduce -0.7% |
| SO The Southern Co. | 0.42% | 76,649 | $6.7M | Reduce -7.3% |
| MDT Medtronic PLC | 0.40% | 67,609 | $6.5M | Reduce -5.5% |
| FISV Fiserv Inc. | 0.38% | 91,064 | $6.1M | Reduce -36.5% |
| SHE SS SPDR MSCI U Gend Div ETF | 0.37% | 45,072 | $6.0M | Reduce -2.8% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.37% | 115,430 | $5.9M | Add +1.4% |
| PEP Pepsico Inc. | 0.34% | 38,188 | $5.5M | Reduce -8.2% |
| ABBV Abbvie Inc. | 0.34% | 23,971 | $5.5M | Reduce -47.9% |
| MAIN Main Street Capital Corp. | 0.33% | 86,812 | $5.2M | Reduce -8.5% |
| PAYX Paychex Inc. | 0.33% | 46,660 | $5.2M | Reduce -12.0% |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | 0.32% | 112,200 | $5.1M | No change |
| AFL Aflac Inc. | 0.31% | 44,821 | $4.9M | Reduce -10.1% |
| DVY iShares Select Dividend ETF | 0.29% | 32,982 | $4.7M | Reduce -0.4% |
| ED Consolidated Edison Inc. | 0.26% | 42,435 | $4.2M | Reduce -9.2% |
| GOOG Alphabet Inc. Class C | 0.26% | 13,078 | $4.1M | Reduce -0.3% |
| TXN Texas Instruments Inc. | 0.24% | 22,690 | $3.9M | Reduce -31.8% |
| PG The Procter & Gamble Co. | 0.22% | 24,760 | $3.5M | Reduce -25.6% |
| CVX Chevron Corp. | 0.21% | 21,671 | $3.3M | Reduce -14.2% |
| MRK Merck & Co. Inc. | 0.20% | 30,484 | $3.2M | Reduce -16.1% |
| DMXF iShares ESG Advanc MSCI Eafe | 0.18% | 38,445 | $2.9M | Reduce -3.0% |
| ABT Abbott Laboratories | 0.18% | 23,010 | $2.9M | Reduce -25.7% |
| TGT Target Corp. | 0.17% | 27,732 | $2.7M | Reduce -22.7% |
| TSLA Tesla Inc. | 0.17% | 5,954 | $2.7M | Reduce -1.8% |
| GPC Genuine Parts Co. | 0.15% | 19,363 | $2.4M | Reduce -10.4% |
| SRLN SS Blackstone Sr Loan ETF | 0.14% | 55,862 | $2.3M | Reduce -12.1% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 0.14% | 51,550 | $2.2M | Add +5154900.0% |
| BBHY JPMorgan Betabuilders Usd Hi | 0.14% | 46,740 | $2.2M | Reduce -10.9% |
| EWC iShares MSCI Canada ETF | 0.13% | 39,000 | $2.1M | No change |
| RIVN Rivian Automotive Inc. Class A | 0.13% | 104,751 | $2.1M | Reduce -3.4% |
| JNJ Johnson & Johnson | 0.12% | 9,331 | $1.9M | Add +0.3% |
| NNN NNN REIT Inc. | 0.11% | 45,966 | $1.8M | Reduce -13.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.11% | 6,007 | $1.8M | Reduce -8.7% |
| KMB Kimberly-Clark Corp. | 0.11% | 16,972 | $1.7M | Reduce -30.2% |
| CRBN Ish Low Car Opt Ms Ac ETF-US | 0.10% | 7,283 | $1.7M | Reduce -8.4% |
| PGX Invesco Preferred ETF | 0.10% | 140,387 | $1.6M | Reduce -14.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.10% | 4,664 | $1.6M | No change |
| WSM Williams-Sonoma Inc. | 0.10% | 8,545 | $1.5M | Reduce -2.3% |
| CUT Invesco MSCI Global Timber E | 0.09% | 52,000 | $1.5M | No change |
| SUSB iShares ESG Aware 1-5 Year U | 0.09% | 58,648 | $1.5M | Add +4.0% |
| IVW iShares S&P 500 Growth ETF | 0.09% | 11,820 | $1.5M | Reduce -2.8% |
| ECL Ecolab Inc. | 0.09% | 5,444 | $1.4M | Reduce -10.2% |
| A Agilent Technologies Inc. | 0.09% | 10,206 | $1.4M | Reduce -3.2% |
| AWK American Water Works Co. Inc. | 0.08% | 9,825 | $1.3M | Reduce -4.3% |
| KRMD Koru Medical Systems Inc. | 0.08% | 216,374 | $1.3M | No change |
| TSCO Tractor Supply Company | 0.08% | 25,000 | $1.3M | No change |
| LLY Eli Lilly & Co. | 0.07% | 1,117 | $1.2M | Reduce -5.1% |
| XYL Xylem Inc. | 0.07% | 8,755 | $1.2M | Reduce -3.5% |
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) · $19 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| DEO Diageo PLC-Sponsored ADR | SPON ADR NEW | 0 | $19 |
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: $1.6B.
Portfolio Sells Q3 2025 → Q4 2025
| FISV Fiserv Inc. | Reduce -36.5% | 0.38% | −0.74 |
| ORCL Oracle Corp. | Reduce -2.9% | 1.07% | −0.47 |
| MSFT Microsoft Corp. | Reduce -6.0% | 3.95% | −0.42 |
| ABBV Abbvie Inc. | Reduce -47.9% | 0.34% | −0.30 |
| BLK BlackRock Inc. | Reduce -4.8% | 1.75% | −0.19 |
| IJR iShares Core S&P Small-Cap E | Reduce -11.6% | 2.11% | −0.18 |
| UBER Uber Technologies Inc. | Reduce -3.4% | 0.86% | −0.18 |
| HD Home Depot Inc. | Reduce -5.7% | 0.79% | −0.17 |
| TXN Texas Instruments Inc. | Reduce -31.8% | 0.24% | −0.12 |
| META Meta Platforms Inc. Class A | Reduce -4.1% | 0.96% | −0.12 |
| RSG Republic Services Inc. | Reduce -9.4% | 0.60% | −0.10 |
| AVGO Broadcom Inc. | Reduce -11.4% | 2.09% | −0.09 |
| COST Costco Wholesale Corp. | Reduce -3.2% | 1.17% | −0.09 |
| PG The Procter & Gamble Co. | Reduce -25.6% | 0.22% | −0.09 |
| HON Honeywell International Inc. | Reduce -6.7% | 0.70% | −0.09 |
| PAYX Paychex Inc. | Reduce -12.0% | 0.33% | −0.08 |
| KMB Kimberly-Clark Corp. | Reduce -30.2% | 0.11% | −0.08 |
| SBUX Starbucks Corp. | Reduce -12.1% | 0.69% | −0.07 |
| ABT Abbott Laboratories | Reduce -25.7% | 0.18% | −0.07 |
| HPS John Hancock Prefer Inc. III | Sold out | 0.00% | −0.06 |
| LMT Lockheed Martin Corp. | Reduce -6.6% | 0.86% | −0.06 |
| SO The Southern Co. | Reduce -7.3% | 0.42% | −0.06 |
| SOXX iShares Semiconductor ETF | Reduce -99.9% | 0.00% | −0.05 |
| CRM Salesforce Inc. | Reduce -18.6% | 0.62% | −0.04 |
| MAIN Main Street Capital Corp. | Reduce -8.5% | 0.33% | −0.04 |
| UNP Union Pacific Corp. | Reduce -7.6% | 0.48% | −0.03 |
| NVDA Nvidia Corp. | Reduce -3.9% | 3.35% | −0.03 |
| DLR Digital Realty Trust Inc. | Reduce -39.9% | 0.04% | −0.03 |
| GPC Genuine Parts Co. | Reduce -10.4% | 0.15% | −0.03 |
| CVX Chevron Corp. | Reduce -14.2% | 0.21% | −0.03 |
| EWH iShares MSCI Hong Kong ETF | Reduce -39.1% | 0.05% | −0.03 |
| DIS The Walt Disney Co. | Reduce -6.1% | 0.73% | −0.03 |
| AFL Aflac Inc. | Reduce -10.1% | 0.31% | −0.03 |
| EQIX Equinix Inc. | Reduce -76.8% | 0.01% | −0.03 |
| WEC WEC Energy Group Inc. | Reduce -0.7% | 0.42% | −0.03 |
| TGT Target Corp. | Reduce -22.7% | 0.17% | −0.03 |
| QCOM Qualcomm Inc. | Reduce -10.5% | 0.47% | −0.03 |
| NNN NNN REIT Inc. | Reduce -13.4% | 0.11% | −0.02 |
| ARCC Ares Capital Corp. | Reduce -30.6% | 0.05% | −0.02 |
| MCD McDonald's Corp. | Reduce -7.3% | 0.53% | −0.02 |
| ED Consolidated Edison Inc. | Reduce -9.2% | 0.26% | −0.02 |
| BR Broadridge Financial Solutio | Reduce -49.9% | 0.02% | −0.02 |
| EPD Enterprise Products Partners | Reduce -54.5% | 0.02% | −0.02 |
| PGX Invesco Preferred ETF | Reduce -14.5% | 0.10% | −0.02 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -12.1% | 0.14% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.2% | 1.20% | −0.02 |
| BBHY JPMorgan Betabuilders Usd Hi | Reduce -10.9% | 0.14% | −0.01 |
| GBDC Golub Capital BDC Inc. | Reduce -32.2% | 0.03% | −0.01 |
| AEP American Electric Power | Reduce -19.7% | 0.07% | −0.01 |
| PYPL PayPal Holdings Inc. | Reduce -73.7% | 0.00% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +54123.1% | 0.49% | +0.49 |
| VGIT Vanguard Intermediate-Term T | Add +4.4% | 2.29% | +0.16 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | Add +5154900.0% | 0.14% | +0.14 |
| JMBS Janus Henderson Mortg Backed | Add +4.4% | 1.77% | +0.13 |
| JAAA Janus Henderson Aaa Clo ETF | Add +4.0% | 1.75% | +0.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.6% | 1.61% | +0.11 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +1.1% | 1.76% | +0.07 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.1% | 1.19% | +0.06 |
| GE General Electric | Add +0.0% | 1.01% | +0.05 |
| NOBL Proshares S&P 500 Dividend A | New | 0.02% | +0.02 |
| CEG Constellation Energy | Add +289.2% | 0.03% | +0.02 |
| CLS Celestica Inc. | New | 0.02% | +0.02 |
| JNJ Johnson & Johnson | Add +0.3% | 0.12% | +0.02 |
| JMST JPM Ultra-Short Muni Income | Add +1.4% | 0.37% | +0.02 |
| RBRK Rubrik Inc. Class A | New | 0.01% | +0.01 |
| ESGV Vanguard ESG US Stock ETF | New | 0.01% | +0.01 |
| BIZD Vaneck BDC Income ETF | Add +32.8% | 0.06% | +0.01 |
| CRDO Credo Technology Group Holdi | New | 0.01% | +0.01 |
| AMD Advanced Micro Devices | Add +474.6% | 0.01% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +360.0% | 0.01% | +0.01 |
| IWM iShares Russell 2000 ETF | Add +52.2% | 0.02% | +0.01 |
| AMAT Applied Materials Inc. | Add +529.9% | 0.01% | +0.01 |
| SUSB iShares ESG Aware 1-5 Year U | Add +4.0% | 0.09% | +0.01 |
| WFC Wells Fargo & Co. | Add +156.1% | 0.01% | +0.00 |
| AKRE Akre Focus ETF | New | 0.00% | +0.00 |
| TRV The Travelers Cos Inc. | Add +423.7% | 0.01% | +0.00 |
| BAC Bank of America Corp. | Add +0.8% | 0.04% | +0.00 |
| NEE Nextera Energy Inc. | Add +0.9% | 0.04% | +0.00 |
| NSC Norfolk Southern Corp. | Add +40.4% | 0.01% | +0.00 |
| MDY State Street SPDR S&P Midcap | New | 0.00% | +0.00 |
| POET Poet Technologies Inc. | Add +233.3% | 0.00% | +0.00 |
| AMLP Alerian MLP ETF | Add +0.4% | 0.07% | +0.00 |
| CP Canadian Pacific Kansas City | Add +451.7% | 0.00% | +0.00 |
| VTEC Vanguard Ca Tax-Ex Bond | Add +43.6% | 0.01% | +0.00 |
| IREN Iren Ltd. | New | 0.00% | +0.00 |
| FIG Figma Inc. Class A | New | 0.00% | +0.00 |
| TLT iShares 20+ Year Treasury BD | New | 0.00% | +0.00 |
| INTC Intel Corp. | Add +13.6% | 0.01% | +0.00 |
| MET Metlife Inc. | New | 0.00% | +0.00 |
| TTD Trade Desk Inc./the Class A | New | 0.00% | +0.00 |
| SPDW Ste STR SPDR PT DW Eu ETF | New | 0.00% | +0.00 |
| CSX CSX Corp. | New | 0.00% | +0.00 |
| ONEQ Fidelity Nasdaq Comp Indx | Add +2.2% | 0.02% | +0.00 |
| BUFR FT Vest Lad Buffervetf-Usd I | New | 0.00% | +0.00 |
| RIO Rio Tinto PLC-Spon ADR | Add +9.0% | 0.01% | +0.00 |
| APLD Applied Digital Corp. | New | 0.00% | +0.00 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 0.00% | +0.00 |
| JQUA JPMorgan US Quality Factor | Add +1.3% | 0.03% | +0.00 |
| QS Quantumscape Corp. | Add +200.0% | 0.00% | +0.00 |
| CMCSA Comcast Corp. Class A | Add +405.4% | 0.00% | +0.00 |
Notes & Other Activity Q3 2025 → Q4 2025
| DEO Diageo PLC-Sponsored ADR | SPON ADR NEW | Reduce -100.0% | 0 | $19 |
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 |