Avalon Trust Co
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 6, 2026), Avalon Trust Co reported 458 stock positions worth $1.6 billion. Its top holding was Nvidia (NVDA) at 8.5% of the portfolio, followed by Apple (AAPL, 7.3%) and Alphabet Class C (GOOG, 7.3%). Compared with Q1 2026, it opened 22 new positions, sold out of 23, added to 33 and reduced 118. The biggest buy was Palo Alto Networks (PANW, shares +1%) and the biggest sale Quanta Services (PWR, shares −66%).
- Most Recent 13F
- Q2 2026
- Location
- SANTA FE, NM
- CIK
- 0001798150
- Portfolio Value
- $1.6B (Q2 2026)
- SEC Filing
- 0001798150-26-000003 ↗ filed Aug 6, 2026
Holdings Value
Holdings 458 stocks · $1.6B
| NVDA Nvidia Corp. | 8.53% | 692,561 | $138.6M | Reduce -4.7% |
| AAPL Apple Inc. | 7.30% | 410,286 | $118.7M | Reduce -1.4% |
| GOOG Alphabet Inc. Class C | 7.26% | 334,148 | $118.1M | Reduce -1.7% |
| AVGO Broadcom Inc. | 6.91% | 297,284 | $112.3M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 5.37% | 366,073 | $87.2M | Reduce -0.7% |
| MSFT Microsoft Corp. | 4.79% | 208,627 | $77.8M | Reduce -11.8% |
| BE Bloom Energy Corp. Class A | 4.26% | 228,790 | $69.3M | Reduce -2.1% |
| JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F | 4.19% | 1,343,889 | $68.1M | Add +0.5% |
| V Visa Inc. Class A | 3.26% | 154,519 | $53.0M | Reduce -12.5% |
| PANW Palo Alto Networks Inc. | 2.34% | 111,705 | $38.1M | Add +1.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.12% | 68,968 | $34.5M | Reduce -1.2% |
| KLAC KLA Corp. | 1.89% | 101,770 | $30.7M | Reduce -0.8% |
| PNC PNC Financial Services Group | 1.84% | 121,779 | $30.0M | Reduce -1.5% |
| PPH Vaneck Pharmaceutical ETF | 1.77% | 263,830 | $28.8M | Reduce -1.4% |
| LOW Lowe's Cos Inc. | 1.70% | 125,512 | $27.7M | Reduce -1.4% |
| PGR Progressive Corp. | 1.59% | 118,434 | $25.9M | Reduce -1.3% |
| USFD US Foods Holding Corp. | 1.49% | 236,090 | $24.1M | Reduce -0.5% |
| LIN Linde PLC | 1.42% | 44,627 | $23.2M | Reduce -1.5% |
| VMI Valmont Industries | 1.41% | 39,748 | $23.0M | Reduce -0.5% |
| CMS CMS Energy Corp. | 1.38% | 292,774 | $22.4M | Reduce -0.2% |
| EQIX Equinix Inc. | 1.35% | 21,114 | $22.0M | Reduce -0.6% |
| AWK American Water Works Co. Inc. | 1.22% | 151,254 | $19.9M | Reduce -0.6% |
| SYK Stryker Corp. | 1.18% | 60,840 | $19.2M | Add +0.5% |
| AON Aon PLC Class A | 1.17% | 57,146 | $19.0M | Reduce -0.2% |
| NFLX Netflix Inc. | 1.16% | 264,958 | $18.9M | Reduce -1.7% |
| AZO AutoZone Inc. | 1.13% | 5,739 | $18.3M | Reduce -4.9% |
| TMO Thermo Fisher Scientific Inc. | 1.09% | 35,466 | $17.8M | Reduce -1.3% |
| RMD Resmed Inc. | 1.05% | 87,722 | $17.1M | Reduce -7.7% |
| AMD Advanced Micro Devices | 1.03% | 28,786 | $16.7M | Add +2602.9% |
| ADI Analog Devices Inc. | 0.97% | 39,839 | $15.8M | Reduce -1.8% |
| ANET Arista Networks Inc. | 0.97% | 92,765 | $15.8M | Reduce -0.7% |
| DHR Danaher Corp. | 0.93% | 79,712 | $15.2M | Reduce -1.3% |
| TYL Tyler Technologies Inc. | 0.92% | 51,328 | $15.0M | Add +123.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.92% | 98,730 | $15.0M | Reduce -1.6% |
| PWR Quanta Services Inc. | 0.91% | 20,475 | $14.7M | Reduce -66.2% |
| EYE National Vision Holdings Inc. | 0.89% | 761,750 | $14.5M | New |
| NVT Nvent Electric PLC | 0.89% | 85,348 | $14.5M | Add +0.3% |
| GOOGL Alphabet Inc. Class A | 0.81% | 36,691 | $13.1M | Reduce -2.6% |
| VLTO Veralto Corp. | 0.78% | 143,338 | $12.7M | Add +0.2% |
| JNJ Johnson & Johnson | 0.64% | 41,254 | $10.5M | Add +0.5% |
| BIPC Brookfield Infrastructure-A | 0.49% | 207,592 | $8.0M | Add +8.8% |
| ETR Entergy Corp. | 0.49% | 68,670 | $7.9M | Add +2.3% |
| HASI Ha Sustainable Infrastructur | 0.43% | 177,782 | $6.9M | Reduce -0.9% |
| BIP Brookfield Infrastructure Pa | 0.41% | 182,083 | $6.6M | Reduce -1.1% |
| AMAT Applied Materials Inc. | 0.32% | 7,115 | $5.1M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.30% | 6,530 | $4.9M | Reduce -2.3% |
| FSLR First Solar Inc. | 0.29% | 20,170 | $4.8M | Reduce -1.2% |
| GLD SPDR Gold Shares | 0.26% | 11,419 | $4.2M | No change |
| NOC Northrop Grumman Corp. | 0.22% | 7,159 | $3.6M | No change |
| TT Trane Technologies PLC | 0.18% | 5,974 | $2.9M | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.18% | 7,872 | $2.9M | Reduce -18.4% |
| MA Mastercard Inc. Class A | 0.18% | 5,635 | $2.9M | Reduce -4.3% |
| TRV The Travelers Cos Inc. | 0.18% | 8,734 | $2.9M | Reduce -0.6% |
| COST Costco Wholesale Corp. | 0.18% | 3,077 | $2.9M | No change |
| IBB iShares Biotechnology ETF | 0.17% | 14,805 | $2.8M | Reduce -1.5% |
| XLV SS Health Care Select Sector | 0.17% | 17,383 | $2.8M | No change |
| VXUS Vanguard Total Intl Stock | 0.16% | 29,629 | $2.5M | Reduce -7.4% |
| AMAL Amalgamated Financial Corp. | 0.14% | 47,995 | $2.2M | Reduce -1.4% |
| MS Morgan Stanley | 0.12% | 9,296 | $1.9M | No change |
| GS Goldman Sachs Group Inc. | 0.12% | 1,859 | $1.9M | No change |
| JPM JPMorgan Chase & Co. | 0.11% | 5,510 | $1.8M | Reduce -3.7% |
| MRK Merck & Co. Inc. | 0.10% | 13,249 | $1.7M | Reduce -0.1% |
| IVV iShares Core S&P 500 ETF | 0.09% | 1,961 | $1.5M | No change |
| ULTA Ulta Beauty Inc. | 0.08% | 2,743 | $1.2M | Reduce -3.2% |
| CNI Canadian Natl Railway Co. | 0.07% | 10,200 | $1.2M | No change |
| TD Toronto-Dominion Bank | 0.07% | 10,000 | $1.2M | No change |
| ITOT iShares Core S&P Total U.S. | 0.07% | 7,146 | $1.2M | Reduce -8.5% |
| TSLA Tesla Inc. | 0.07% | 2,759 | $1.2M | No change |
| SOXX iShares Semiconductor ETF | 0.07% | 1,750 | $1.1M | No change |
| PG The Procter & Gamble Co. | 0.07% | 7,288 | $1.1M | Add +5.8% |
| ONT Onterris Inc. | 0.06% | 51,172 | $1.0M | Reduce -88.3% |
| KKR KKR & Co. Inc. | 0.06% | 10,801 | $991K | No change |
| LLY Eli Lilly & Co. | 0.06% | 799 | $958K | Reduce -5.9% |
| ORCL Oracle Corp. | 0.06% | 6,336 | $929K | Reduce -9.1% |
| ABBV Abbvie Inc. | 0.06% | 3,666 | $923K | Reduce -9.8% |
| XLK SS Technology Select Sector | 0.05% | 4,552 | $867K | No change |
| IYW iShares Ustechnology ETF | 0.05% | 3,396 | $857K | No change |
| MKL Markel Group Inc. | 0.05% | 429 | $838K | No change |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.05% | 9,500 | $835K | Reduce -14.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.05% | 1,745 | $833K | Reduce -7.9% |
| AVB Avalonbay Communities Inc. | 0.05% | 4,205 | $793K | Reduce -5.9% |
| WMT Walmart Inc. | 0.05% | 6,793 | $769K | No change |
| BN Brookfield Corp. | 0.05% | 18,000 | $767K | No change |
| NEE Nextera Energy Inc. | 0.04% | 8,107 | $712K | No change |
| HLIO Helios Technologies Inc. | 0.04% | 7,901 | $705K | No change |
| MDY State Street SPDR S&P Midcap | 0.04% | 950 | $668K | Reduce -24.0% |
| CF CF Industries Holdings Inc. | 0.04% | 6,000 | $650K | No change |
| CSCO Cisco Systems Inc. | 0.04% | 5,415 | $636K | No change |
| OC Owens Corning | 0.04% | 4,000 | $636K | No change |
| HD Home Depot Inc. | 0.04% | 1,744 | $615K | Reduce -1.6% |
| DHI D.R. Horton Inc. | 0.04% | 3,750 | $611K | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.04% | 800 | $611K | No change |
| BAC Bank of America Corp. | 0.04% | 10,603 | $604K | Reduce -5.4% |
| MMM 3M Co. | 0.03% | 3,400 | $550K | Add +6.3% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 0.03% | 3,234 | $529K | No change |
| EFA iShares MSCI Eafe ETF | 0.03% | 4,847 | $504K | Add +3.6% |
| AKR Acadia Realty Trust | 0.03% | 24,000 | $502K | No change |
| WAT Waters Corp. | 0.03% | 1,330 | $499K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.03% | 647 | $476K | Reduce -11.0% |
| URI United Rentals Inc. | 0.03% | 419 | $475K | No change |
Other holdings (3): bonds, preferreds, convertibles and warrants · $79 (not counted above)
Lines left out (1) · $11 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| PIO Invesco Global Water ETF | GLOBAL WATER | 0 | $11 |
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 Q1 2026 → Q2 2026
| PWR Quanta Services Inc. | Reduce -66.2% | 0.91% | −1.38 |
| MSFT Microsoft Corp. | Reduce -11.8% | 4.79% | −1.24 |
| NFLX Netflix Inc. | Reduce -1.7% | 1.16% | −0.62 |
| ONT Onterris Inc. | Reduce -88.3% | 0.06% | −0.59 |
| RMD Resmed Inc. | Reduce -7.7% | 1.05% | −0.42 |
| V Visa Inc. Class A | Reduce -12.5% | 3.26% | −0.42 |
| LOW Lowe's Cos Inc. | Reduce -1.4% | 1.70% | −0.37 |
| AZO AutoZone Inc. | Reduce -4.9% | 1.13% | −0.28 |
| NVDA Nvidia Corp. | Reduce -4.7% | 8.53% | −0.21 |
| AWK American Water Works Co. Inc. | Reduce -0.6% | 1.22% | −0.20 |
| CMS CMS Energy Corp. | Reduce -0.2% | 1.38% | −0.19 |
| TJX TJX Companies Inc. | Reduce -1.6% | 0.92% | −0.18 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.2% | 2.12% | −0.18 |
| PPH Vaneck Pharmaceutical ETF | Reduce -1.4% | 1.77% | −0.14 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.3% | 1.09% | −0.12 |
| LIN Linde PLC | Reduce -1.5% | 1.42% | −0.12 |
| DHR Danaher Corp. | Reduce -1.3% | 0.93% | −0.12 |
| AON Aon PLC Class A | Reduce -0.2% | 1.17% | −0.11 |
| EQIX Equinix Inc. | Reduce -0.6% | 1.35% | −0.08 |
| BIP Brookfield Infrastructure Pa | Reduce -1.1% | 0.41% | −0.05 |
| PGR Progressive Corp. | Reduce -1.3% | 1.59% | −0.05 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -18.4% | 0.18% | −0.03 |
| HASI Ha Sustainable Infrastructur | Reduce -0.9% | 0.43% | −0.03 |
| ULTA Ulta Beauty Inc. | Reduce -3.2% | 0.08% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -4.3% | 0.18% | −0.02 |
| USFD US Foods Holding Corp. | Reduce -0.5% | 1.49% | −0.02 |
| XAR SS SPDR S&P Aerospace Def | Reduce -94.8% | 0.00% | −0.02 |
| MCD McDonald's Corp. | Reduce -58.4% | 0.01% | −0.02 |
| CRM Salesforce Inc. | Reduce -39.2% | 0.01% | −0.01 |
| VXUS Vanguard Total Intl Stock | Reduce -7.4% | 0.16% | −0.01 |
| ORCL Oracle Corp. | Reduce -9.1% | 0.06% | −0.01 |
| MDY State Street SPDR S&P Midcap | Reduce -24.0% | 0.04% | −0.01 |
| ABT Abbott Laboratories | Reduce -10.1% | 0.03% | −0.01 |
| SPGI S&P Global Inc. | Reduce -38.5% | 0.01% | −0.01 |
| XLY SS Consumer Disc Select Sect | Reduce -60.7% | 0.01% | −0.01 |
| HOLX Hologic Inc. | Sold out | 0.00% | −0.01 |
| MINT PIMCO Enhanced Short Maturit | Reduce -73.1% | 0.00% | −0.01 |
| GIS General Mills Inc. | Reduce -41.4% | 0.01% | −0.01 |
| ADBE Adobe Inc. | Reduce -1.1% | 0.02% | −0.01 |
| ITA iShares U.S. Aerospace & Def | Reduce -33.3% | 0.01% | −0.01 |
| C Citigroup Inc. | Reduce -71.4% | 0.00% | −0.01 |
| BX Blackstone Inc. | Reduce -24.5% | 0.02% | −0.01 |
| PCAR Paccar Inc. | Reduce -87.9% | 0.00% | −0.01 |
| COO The Cooper Cos Inc. | Reduce -79.5% | 0.00% | −0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -39.6% | 0.01% | −0.01 |
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.01 |
| IMCG iShares Morningstar Mid-Cap | Sold out | 0.00% | −0.01 |
| IBM Intl Business Machines Corp. | Reduce -46.8% | 0.01% | −0.01 |
| VNQ Vanguard Real Estate ETF | Reduce -23.4% | 0.02% | −0.01 |
| CVX Chevron Corp. | Reduce -5.2% | 0.01% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| PANW Palo Alto Networks Inc. | Add +1.0% | 2.34% | +1.12 |
| AMD Advanced Micro Devices | Add +2602.9% | 1.03% | +1.01 |
| EYE National Vision Holdings Inc. | New | 0.89% | +0.89 |
| TYL Tyler Technologies Inc. | Add +123.6% | 0.92% | +0.38 |
| NVT Nvent Electric PLC | Add +0.3% | 0.89% | +0.20 |
| AFL Aflac Inc. | New | 0.01% | +0.01 |
| INTC Intel Corp. | New | 0.01% | +0.01 |
| SPCX Space Exploration Techn Class A | New | 0.01% | +0.01 |
| LRCX Lam Research Corp. | Add +93.1% | 0.01% | +0.00 |
| SNOW Snowflake Inc. | New | 0.00% | +0.00 |
| FRT Federal Realty Invs Trust | New | 0.00% | +0.00 |
| GE General Electric | Add +68.5% | 0.01% | +0.00 |
| SPG Simon Property Group Inc. | New | 0.00% | +0.00 |
| TBN Tamboran Resources Corp. | New | 0.00% | +0.00 |
| BXDC Blackstone Digital Infrastru | New | 0.00% | +0.00 |
| IJR iShares Core S&P Small-Cap E | Add +20.5% | 0.01% | +0.00 |
| NVS Novartis AG-Sponsored ADR | Add +26.7% | 0.02% | +0.00 |
| TTE Totalenergies SE | New | 0.00% | +0.00 |
| XLF SS Financial Select Sector | Add +38.3% | 0.01% | +0.00 |
| SBRA Sabra Health Care REIT Inc. | New | 0.00% | +0.00 |
| WPC WP Carey Inc. | New | 0.00% | +0.00 |
| CLX Clorox Company | New | 0.00% | +0.00 |
| IJK iShares S&P Mid-Cap 400 Grow | New | 0.00% | +0.00 |
| SNY Sanofi-ADR | New | 0.00% | +0.00 |
| MMM 3M Co. | Add +6.3% | 0.03% | +0.00 |
| DVY iShares Select Dividend ETF | New | 0.00% | +0.00 |
| IJJ iShares S&P Mid-Cap 400 Valu | New | 0.00% | +0.00 |
| KYN Kayne Anderson Energy Infra | New | 0.00% | +0.00 |
| UNH Unitedhealth Group Inc. | Add +9.7% | 0.00% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +131.6% | 0.00% | +0.00 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +50.0% | 0.00% | +0.00 |
| XLB SS Materials Select Sector | New | 0.00% | +0.00 |
| IVT Inventrust Properties Corp. | Add +9.3% | 0.01% | +0.00 |
| VTR Ventas Inc. | Add +9.4% | 0.01% | +0.00 |
| BKNG Booking Holdings Inc. | New | 0.00% | +0.00 |
| DVN Devon Energy Corp. | New | 0.00% | +0.00 |
| SBUX Starbucks Corp. | Add +3.9% | 0.01% | +0.00 |
| PLD Prologis Inc. | Add +12.6% | 0.02% | +0.00 |
| BLK BlackRock Inc. | Add +23.3% | 0.00% | +0.00 |
| TGT Target Corp. | Add +5.7% | 0.01% | +0.00 |
| ALC Alcon Inc. | Add +80.0% | 0.00% | +0.00 |
| NLOP Net Lease Office Property | New | 0.00% | 0.00 |
| METCB Ramaco Resources Inc. Class B | Add +1.1% | 0.00% | −0.00 |
| EFA iShares MSCI Eafe ETF | Add +3.6% | 0.03% | −0.00 |
| META Meta Platforms Inc. Class A | Add +6.6% | 0.02% | −0.00 |
| PG The Procter & Gamble Co. | Add +5.8% | 0.07% | −0.00 |
| AMT American Tower Corp. | Add +5.9% | 0.03% | −0.00 |
| PEP Pepsico Inc. | Add +9.5% | 0.02% | −0.00 |
| XOM Exxon Mobil Corp. | Add +13.9% | 0.02% | −0.01 |
| BIPC Brookfield Infrastructure-A | Add +8.8% | 0.49% | −0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 458 | $1.6B | NVDA, AAPL, GOOG, AVGO, AMZN |
| Q1 2026 | 456 | $1.5B | NVDA, AAPL, GOOG, AVGO, MSFT |
| Q4 2025 | 426 | $1.5B | NVDA, GOOG, AVGO, AAPL, MSFT |
| Q3 2025 | 609 | $1.5B | NVDA, MSFT, AVGO, AAPL, GOOG |
| Q2 2025 | 399 | $1.4B | MSFT, NVDA, AVGO, AAPL, AMZN |
| Q1 2025 | 428 | $1.3B | AAPL, MSFT, NVDA, AMZN, GOOG |
| Q4 2024 | 424 | $1.4B | AAPL, MSFT, NVDA, GOOG, AMZN |
| Q3 2024 | 317 | $1.4B | AAPL, MSFT, NVDA, GOOG, AMZN |
| Q2 2024 | 314 | $1.3B | MSFT, AAPL, GOOG, AMZN, AVGO |
| Q1 2024 | 325 | $1.2B | MSFT, AAPL, GOOG, AMZN, AVGO |