Baker Boyer National Bank

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 27, 2026), Baker Boyer National Bank reported 94 stock positions worth $364.1 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 22.8% of the portfolio, followed by Dimensional World Ex US Core (DFAX, 19.7%) and Vanguard Tax-Exempt Bond ETF (VTEB, 16.6%). Compared with Q1 2026, it opened 8 new positions, sold out of 6, added to 30 and reduced 31. The biggest buy was Dimensional World Ex US Core (DFAX, shares +11%) and the biggest sale Microsoft (MSFT, shares −50%).

Most Recent 13F
Q2 2026
Location
WALLA WALLA, WA
CIK
0001079398
Portfolio Value
$364.1M (Q2 2026)
SEC Filing
0001079398-26-000006 ↗ filed Jul 27, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $290.4M Q1 2024 Q2 2024: $286.2M Q2 2024 Q3 2024: $298.0M Q3 2024 Q4 2024: $289.5M Q4 2024 Q1 2025: $271.1M Q1 2025 Q2 2025: $290.0M Q2 2025 Q3 2025: $301.0M Q3 2025 Q4 2025: $331.2M Q4 2025 Q1 2026: $332.8M Q1 2026 Q2 2026: $364.1M $364.1M Q2 2026

Holdings 94 stocks · $364.1M
DFAC Dimensional US Core Equity 2 22.76% 1,867,814 $82.9M Add +3.2%
DFAX Dimensional World Ex US Core 19.73% 1,949,537 $71.8M Add +10.6%
VTEB Vanguard Tax-Exempt Bond ETF 16.60% 1,194,965 $60.4M Add +1.9%
DFUV Dimensional US Marketwide Va 6.58% 435,463 $24.0M Reduce -1.5%
FBND Fidelity Total Bond ETF 5.27% 421,979 $19.2M Add +2.9%
DFIV Dimensional International Va 3.01% 202,584 $10.9M Reduce -1.9%
DFAI Dimensional International Co. 2.23% 196,591 $8.1M Add +0.0%
SPY SS SPDR S&P 500 ETF Trust-US 1.69% 8,259 $6.2M No change
AAPL Apple Inc. 1.50% 18,826 $5.4M Reduce -0.7%
DFAE Dimensional Emerging Core Eq 1.16% 105,257 $4.2M Add +2.6%
IMOM Alpha Intl Quant Mom ETF 1.10% 92,523 $4.0M Add +1.9%
MSFT Microsoft Corp. 1.06% 10,352 $3.9M Reduce -49.5%
VGIT Vanguard Intermediate-Term T 1.01% 62,299 $3.7M No change
MTUM iShares MSCI USA Momentum Fa 0.87% 9,265 $3.2M Add +1.0%
DFAS Dimensional US Small Cap ETF 0.81% 35,649 $2.9M Reduce -0.4%
VOO Vanguard S&P 500 ETF 0.76% 4,032 $2.8M Add +6.0%
VEA Vanguard Ftse Developed ETF 0.51% 25,890 $1.8M No change
JNJ Johnson & Johnson 0.47% 6,696 $1.7M Reduce -0.4%
VTV Vanguard Mrngstr Val ETF-Aui 0.44% 7,418 $1.6M Reduce -1.7%
BRK.A Berkshire Hathaway Inc. Class A 0.41% 2 $1.5M No change
VONG Vanguard Russell 1000 Growth 0.39% 11,249 $1.4M No change
DE Deere & Co. 0.39% 2,220 $1.4M Add +0.8%
QVAL Alpha Arch US QNT Value ETF 0.38% 24,969 $1.4M Reduce -0.1%
QMOM Alpha US Quant Mom ETF 0.37% 17,017 $1.3M Add +0.1%
VONV Vanguard Russell 1000 Value 0.36% 12,379 $1.3M No change
IWF iShares Russell 1000 Growth 0.35% 10,408 $1.3M Reduce -7.4%
IEMG iShares Core MSCI Emerging 0.35% 15,403 $1.3M No change
CAT Caterpillar Inc. 0.34% 1,158 $1.2M Add +1.1%
AVUS Avantis U.S. Equity ETF 0.33% 9,297 $1.2M No change
COST Costco Wholesale Corp. 0.31% 1,216 $1.1M Add +3.8%
EMR Emerson Electric Co. 0.31% 7,875 $1.1M No change
GOOGL Alphabet Inc. Class A 0.30% 3,093 $1.1M Reduce -0.8%
AMZN Amazon.com Inc. 0.30% 4,572 $1.1M Reduce -1.2%
GOOG Alphabet Inc. Class C 0.29% 2,978 $1.1M Add +2.2%
AMD Advanced Micro Devices 0.28% 1,732 $1.0M Add +0.4%
IVAL Alpha Archi Intl QT Vlu ETF 0.27% 29,296 $998K Add +0.8%
GEQ Cambria Global Ew 2 ETF 0.26% 18,780 $961K New
VTWO Vanguard Russell 2000 ETF 0.24% 7,142 $867K Add +1.4%
BRK.B Berkshire Hathaway Inc. Class B 0.24% 1,732 $867K Reduce -22.4%
MCD McDonald's Corp. 0.22% 2,982 $806K Reduce -0.5%
CVX Chevron Corp. 0.19% 4,206 $697K Add +60.7%
HD Home Depot Inc. 0.19% 1,972 $695K Reduce -0.1%
USB US Bancorp 0.19% 11,212 $677K Reduce -37.1%
META Meta Platforms Inc. Class A 0.19% 1,199 $675K Reduce -6.8%
IBDT iShares Ibonds Dec 2028 ETF 0.19% 26,706 $674K Reduce -1.2%
VWO Vanguard Ftse Emerging Marke 0.18% 11,017 $658K No change
UNP Union Pacific Corp. 0.18% 2,406 $654K Add +2.9%
RTX RTX Corp. 0.17% 3,251 $617K Reduce -3.7%
BA The Boeing Co. 0.16% 2,716 $588K Add +0.0%
MA Mastercard Inc. Class A 0.16% 1,124 $577K Reduce -0.1%
PCAR Paccar Inc. 0.15% 4,645 $558K Reduce -87.3%
XOM Exxon Mobil Corp. 0.15% 4,025 $550K Reduce -44.6%
TSLA Tesla Inc. 0.14% 1,197 $503K Add +3.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.14% 1,784 $502K Reduce -10.2%
PG The Procter & Gamble Co. 0.14% 3,388 $497K Reduce -0.8%
XLK SS Technology Select Sector 0.13% 2,556 $487K No change
V Visa Inc. Class A 0.13% 1,360 $467K Add +0.2%
NVDA Nvidia Corp. 0.13% 2,294 $459K Add +11.5%
WM Waste Management Inc. 0.12% 1,979 $441K No change
CMI Cummins Inc. 0.12% 613 $437K Add +2.5%
DUK Duke Energy Corp. 0.11% 3,233 $409K Reduce -3.8%
DFAU Dimensional US Core Equity M 0.10% 7,339 $379K No change
CSCO Cisco Systems Inc. 0.10% 3,126 $367K Reduce -0.6%
FRDM Freedom 100 Emeging MRKT ETF 0.10% 5,022 $366K New
XEL Xcel Energy Inc. 0.10% 4,538 $364K Add +62.1%
JPM JPMorgan Chase & Co. 0.09% 1,045 $342K No change
ABBV Abbvie Inc. 0.09% 1,324 $333K No change
VXUS Vanguard Total Intl Stock 0.09% 3,712 $317K No change
MINT PIMCO Enhanced Short Maturit 0.09% 3,092 $312K No change
AVLV Avantis US Large Cap Value 0.08% 3,385 $309K New
SO The Southern Co. 0.08% 3,140 $301K Add +3.6%
SRE Sempra 0.08% 3,137 $291K New
HON Honeywell International Inc. 0.08% 1,293 $289K No change
HONA Honeywell Aerospace Inc. 0.08% 1,293 $286K No change
CARR Carrier Global Corp. 0.08% 3,824 $280K No change
ETN Eaton Corp. PLC 0.08% 658 $280K Reduce -6.3%
MUB iShares National Muni Bond E 0.08% 2,560 $276K No change
MRK Merck & Co. Inc. 0.07% 2,125 $273K Reduce -29.5%
TT Trane Technologies PLC 0.07% 551 $271K Reduce -10.7%
SYK Stryker Corp. 0.07% 851 $268K No change
WMT Walmart Inc. 0.07% 2,356 $267K Add +5.9%
VXF Vanguard Extended Market ETF 0.07% 1,062 $261K No change
VCRB Vanguard Core Bond ETF 0.07% 3,257 $252K No change
DHR Danaher Corp. 0.07% 1,293 $246K Add +2.5%
MO Altria Group Inc. 0.07% 3,373 $243K Reduce -0.2%
VTI VG Morningstar TS MKT ETF-US 0.07% 640 $237K Reduce -1.1%
BAM Brookfield Asset Mgmt-A 0.06% 5,200 $233K No change
QQQM Invesco Nasdaq 100 ETF 0.06% 734 $222K New
CEG Constellation Energy 0.06% 886 $220K New
FDX FedEx Corp. 0.06% 690 $216K Add +1.8%
DUHP Dimensional US High Profi Et 0.06% 5,125 $214K New
NKE Nike Inc. Class B 0.06% 5,081 $209K Add +0.3%
LOW Lowe's Cos Inc. 0.06% 940 $207K Reduce -0.6%
LLY Eli Lilly & Co. 0.06% 172 $206K New

Portfolio Sells Q1 2026 → Q2 2026
MSFT Microsoft Corp. Reduce -49.5% 1.06% −1.22
PCAR Paccar Inc. Reduce -87.3% 0.15% −1.11
DFIV Dimensional International Va Reduce -1.9% 3.01% −0.27
XOM Exxon Mobil Corp. Reduce -44.6% 0.15% −0.22
IAU iShares Gold Trust Sold out 0.00% −0.16
ED Consolidated Edison Inc. Sold out 0.00% −0.10
USB US Bancorp Reduce -37.1% 0.19% −0.09
WY Weyerhaeuser Co. Sold out 0.00% −0.09
ACN Accenture PLC Class A Sold out 0.00% −0.09
BBRE JPM Betabldrs MSCI US REIT Sold out 0.00% −0.09
BRK.B Berkshire Hathaway Inc. Class B Reduce -22.4% 0.24% −0.08
PHYS Sprott Physical Gold Trust Sold out 0.00% −0.06
MCD McDonald's Corp. Reduce -0.5% 0.22% −0.06
META Meta Platforms Inc. Class A Reduce -6.8% 0.19% −0.04
MRK Merck & Co. Inc. Reduce -29.5% 0.07% −0.03
JNJ Johnson & Johnson Reduce -0.4% 0.47% −0.03
RTX RTX Corp. Reduce -3.7% 0.17% −0.03
IBDT iShares Ibonds Dec 2028 ETF Reduce -1.2% 0.19% −0.02
DUK Duke Energy Corp. Reduce -3.8% 0.11% −0.02
PG The Procter & Gamble Co. Reduce -0.8% 0.14% −0.01
QVAL Alpha Arch US QNT Value ETF Reduce -0.1% 0.38% −0.01
MA Mastercard Inc. Class A Reduce -0.1% 0.16% −0.01
LOW Lowe's Cos Inc. Reduce -0.6% 0.06% −0.01
IBM Intl Business Machines Corp. Reduce -10.2% 0.14% −0.01
IWF iShares Russell 1000 Growth Reduce -7.4% 0.35% −0.01
HD Home Depot Inc. Reduce -0.1% 0.19% −0.00
TT Trane Technologies PLC Reduce -10.7% 0.07% −0.00
VTV Vanguard Mrngstr Val ETF-Aui Reduce -1.7% 0.44% −0.00
MO Altria Group Inc. Reduce -0.2% 0.07% −0.00
ETN Eaton Corp. PLC Reduce -6.3% 0.08% +0.00
VTI VG Morningstar TS MKT ETF-US Reduce -1.1% 0.07% +0.00
AMZN Amazon.com Inc. Reduce -1.2% 0.30% +0.01
CSCO Cisco Systems Inc. Reduce -0.6% 0.10% +0.03
GOOGL Alphabet Inc. Class A Reduce -0.8% 0.30% +0.03
DFAS Dimensional US Small Cap ETF Reduce -0.4% 0.81% +0.04
AAPL Apple Inc. Reduce -0.7% 1.50% +0.05
DFUV Dimensional US Marketwide Va Reduce -1.5% 6.58% +0.14

Portfolio Buys Q1 2026 → Q2 2026
DFAX Dimensional World Ex US Core Add +10.6% 19.73% +1.74
DFAC Dimensional US Core Equity 2 Add +3.2% 22.76% +1.62
GEQ Cambria Global Ew 2 ETF New 0.26% +0.26
MTUM iShares MSCI USA Momentum Fa Add +1.0% 0.87% +0.21
AMD Advanced Micro Devices Add +0.4% 0.28% +0.17
DFAE Dimensional Emerging Core Eq Add +2.6% 1.16% +0.12
FRDM Freedom 100 Emeging MRKT ETF New 0.10% +0.10
CAT Caterpillar Inc. Add +1.1% 0.34% +0.10
AVLV Avantis US Large Cap Value New 0.08% +0.08
SRE Sempra New 0.08% +0.08
VOO Vanguard S&P 500 ETF Add +6.0% 0.76% +0.08
QQQM Invesco Nasdaq 100 ETF New 0.06% +0.06
CEG Constellation Energy New 0.06% +0.06
DUHP Dimensional US High Profi Et New 0.06% +0.06
LLY Eli Lilly & Co. New 0.06% +0.06
GOOG Alphabet Inc. Class C Add +2.2% 0.29% +0.04
XEL Xcel Energy Inc. Add +62.1% 0.10% +0.03
CVX Chevron Corp. Add +60.7% 0.19% +0.03
VTWO Vanguard Russell 2000 ETF Add +1.4% 0.24% +0.03
CMI Cummins Inc. Add +2.5% 0.12% +0.02
QMOM Alpha US Quant Mom ETF Add +0.1% 0.37% +0.02
NVDA Nvidia Corp. Add +11.5% 0.13% +0.02
DE Deere & Co. Add +0.8% 0.39% +0.01
IMOM Alpha Intl Quant Mom ETF Add +1.9% 1.10% +0.01
UNP Union Pacific Corp. Add +2.9% 0.18% +0.01
TSLA Tesla Inc. Add +3.1% 0.14% +0.01
V Visa Inc. Class A Add +0.2% 0.13% +0.00
BA The Boeing Co. Add +0.0% 0.16% −0.00
DHR Danaher Corp. Add +2.5% 0.07% −0.00
SO The Southern Co. Add +3.6% 0.08% −0.01
WMT Walmart Inc. Add +5.9% 0.07% −0.01
FDX FedEx Corp. Add +1.8% 0.06% −0.01
IVAL Alpha Archi Intl QT Vlu ETF Add +0.8% 0.27% −0.02
NKE Nike Inc. Class B Add +0.3% 0.06% −0.02
COST Costco Wholesale Corp. Add +3.8% 0.31% −0.04
DFAI Dimensional International Co. Add +0.0% 2.23% −0.07
FBND Fidelity Total Bond ETF Add +2.9% 5.27% −0.35
VTEB Vanguard Tax-Exempt Bond ETF Add +1.9% 16.60% −0.97

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 94$364.1MDFAC, DFAX, VTEB, DFUV, FBND
Q1 2026 91$332.8MDFAC, DFAX, VTEB, DFUV, FBND
Q4 2025 94$331.2MDFAC, VTEB, DFAX, DFUV, FBND
Q3 2025 80$301.0MDFAC, VTEB, DFAX, DFUV, FBND
Q2 2025 78$290.0MDFAC, VTEB, DFAX, DFUV, FBND
Q1 2025 73$271.1MDFAC, VTEB, DFAX, DFUV, FBND
Q4 2024 79$289.5MVTEB, DFAC, DFAX, DFUV, FBND
Q3 2024 78$298.0MVTEB, DFAC, DFAX, DFUV, FBND
Q2 2024 74$286.2MVTEB, DFAC, DFAX, DFUV, FBND
Q1 2024 80$290.4MVTEB, DFAC, DFAX, DFUV, FBND