Baker Boyer National Bank

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 18, 2024), Baker Boyer National Bank reported 78 stock positions worth $298.0 million. Its top holding was Vanguard Tax-Exempt Bond ETF (VTEB) at 21.1% of the portfolio, followed by Dimensional US Core Equity 2 (DFAC, 20.9%) and Dimensional World Ex US Core (DFAX, 15.1%). Compared with Q2 2024, it opened 5 new positions, sold out of 1, added to 21 and reduced 24. The biggest buy was Dimensional World Ex US Core (DFAX, shares +0%) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −2%).

Most Recent 13F
Q2 2026
Location
WALLA WALLA, WA
CIK
0001079398
Portfolio Value
$298.0M (Q3 2024)
SEC Filing
0001079398-24-000010 ↗ filed Oct 18, 2024

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 $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 Q2 2026

Holdings 78 stocks · $298.0M
VTEB Vanguard Tax-Exempt Bond ETF 21.15% 1,232,654 $63.0M Reduce -1.6%
DFAC Dimensional US Core Equity 2 20.88% 1,814,746 $62.2M Reduce -0.7%
DFAX Dimensional World Ex US Core 15.11% 1,667,305 $45.0M Add +0.0%
DFUV Dimensional US Marketwide Va 6.69% 478,219 $19.9M Reduce -2.0%
FBND Fidelity Total Bond ETF 6.14% 391,592 $18.3M Add +0.2%
DFIV Dimensional International Va 3.01% 235,897 $9.0M Reduce -1.7%
VGIT Vanguard Intermediate-Term T 2.23% 109,888 $6.6M Reduce -0.1%
DFAI Dimensional International Co. 1.78% 166,755 $5.3M No change
VTV Vanguard Mrngstr Val ETF-Aui 1.67% 28,512 $5.0M Reduce -13.0%
AAPL Apple Inc. 1.64% 21,015 $4.9M Add +3.2%
VEA Vanguard Ftse Developed ETF 1.62% 91,674 $4.8M Reduce -11.9%
MSFT Microsoft Corp. 1.11% 7,701 $3.3M Reduce -12.6%
VUG Vanguard Mrngstar GR ETF-Sui 1.00% 7,792 $3.0M Reduce -16.8%
DFAE Dimensional Emerging Core Eq 0.96% 104,441 $2.9M Reduce -0.4%
DFAS Dimensional US Small Cap ETF 0.85% 39,190 $2.5M Reduce -1.1%
IMOM Alpha Intl Quant Mom ETF 0.72% 74,215 $2.1M Reduce -1.1%
COST Costco Wholesale Corp. 0.70% 2,350 $2.1M Add +1.2%
VOO Vanguard S&P 500 ETF 0.60% 3,393 $1.8M Add +2.7%
DE Deere & Co. 0.52% 3,687 $1.5M No change
MTUM iShares MSCI USA Momentum Fa 0.51% 7,540 $1.5M Add +0.1%
VWO Vanguard Ftse Emerging Marke 0.47% 29,242 $1.4M Reduce -11.3%
JNJ Johnson & Johnson 0.46% 8,507 $1.4M Reduce -0.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.44% 2,298 $1.3M No change
VONG Vanguard Russell 1000 Growth 0.39% 12,167 $1.2M Add +16.7%
GOOG Alphabet Inc. Class C 0.38% 6,747 $1.1M No change
IEMG iShares Core MSCI Emerging 0.36% 18,915 $1.1M Reduce -4.5%
IWF iShares Russell 1000 Growth 0.36% 2,834 $1.1M Add +0.8%
HD Home Depot Inc. 0.33% 2,454 $994K Reduce -0.5%
MCD McDonald's Corp. 0.32% 3,125 $952K Reduce -0.5%
VONV Vanguard Russell 1000 Value 0.30% 10,616 $885K Add +0.7%
PG The Procter & Gamble Co. 0.28% 4,856 $841K No change
BRK.B Berkshire Hathaway Inc. Class B 0.28% 1,817 $836K No change
AMZN Amazon.com Inc. 0.28% 4,462 $831K Add +11.2%
META Meta Platforms Inc. Class A 0.26% 1,339 $766K Add +1.1%
TSLA Tesla Inc. 0.25% 2,890 $756K Add +1.3%
VB Vanguard Most SM-Cap ETF-Usd 0.25% 3,141 $745K Reduce -15.8%
QVAL Alpha Arch US QNT Value ETF 0.25% 15,878 $733K Add +7.6%
SO The Southern Co. 0.24% 8,041 $725K No change
UNH Unitedhealth Group Inc. 0.23% 1,173 $686K No change
QMOM Alpha US Quant Mom ETF 0.23% 10,623 $682K Add +8.7%
IBDT iShares Ibonds Dec 2028 ETF 0.21% 24,036 $614K Add +19.5%
HON Honeywell International Inc. 0.19% 2,715 $561K Reduce -0.7%
ACN Accenture PLC Class A 0.18% 1,512 $534K No change
UNP Union Pacific Corp. 0.18% 2,157 $532K No change
MA Mastercard Inc. Class A 0.18% 1,076 $531K No change
BOXX Alpha Architect 1-3 MNTH Box 0.17% 4,606 $502K New
XOM Exxon Mobil Corp. 0.16% 4,131 $484K Reduce -0.4%
RTX RTX Corp. 0.16% 3,872 $469K Add +0.8%
NKE Nike Inc. Class B 0.15% 5,139 $454K No change
IVAL Alpha Archi Intl QT Vlu ETF 0.15% 16,889 $436K Add +3.7%
PCAR Paccar Inc. 0.15% 4,409 $435K Reduce -7.1%
GOOGL Alphabet Inc. Class A 0.15% 2,610 $433K Add +19.8%
BA The Boeing Co. 0.14% 2,822 $429K Reduce -3.4%
WM Waste Management Inc. 0.14% 1,979 $411K No change
DFAT Dimensional US Target Value 0.14% 7,295 $406K No change
VXF Vanguard Extended Market ETF 0.13% 2,143 $390K No change
CVX Chevron Corp. 0.13% 2,605 $384K Add +0.7%
CAT Caterpillar Inc. 0.12% 945 $370K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.12% 1,666 $368K Add +1.2%
V Visa Inc. Class A 0.12% 1,338 $368K No change
DUK Duke Energy Corp. 0.12% 3,053 $352K No change
DHR Danaher Corp. 0.12% 1,261 $351K No change
ED Consolidated Edison Inc. 0.11% 3,213 $335K No change
ABBV Abbvie Inc. 0.11% 1,684 $333K No change
CMI Cummins Inc. 0.11% 1,015 $329K No change
SYK Stryker Corp. 0.10% 851 $307K No change
NVDA Nvidia Corp. 0.09% 2,327 $283K Add +14.6%
ADBE Adobe Inc. 0.09% 540 $280K No change
MUB iShares National Muni Bond E 0.09% 2,560 $278K No change
JPM JPMorgan Chase & Co. 0.09% 1,248 $263K Reduce -1.4%
INTU Intuit Inc. 0.09% 420 $261K No change
LOW Lowe's Cos Inc. 0.08% 925 $251K No change
CARR Carrier Global Corp. 0.08% 3,062 $246K New
MRK Merck & Co. Inc. 0.08% 2,102 $239K No change
PEP Pepsico Inc. 0.07% 1,285 $219K Reduce -36.9%
ABT Abbott Laboratories 0.07% 1,850 $211K New
USB US Bancorp 0.07% 4,577 $209K New
VTWO Vanguard Russell 2000 ETF 0.07% 2,287 $204K New

Portfolio Sells Q2 2024 → Q3 2024
VTEB Vanguard Tax-Exempt Bond ETF Reduce -1.6% 21.15% −0.78
MSFT Microsoft Corp. Reduce -12.6% 1.11% −0.26
VUG Vanguard Mrngstar GR ETF-Sui Reduce -16.8% 1.00% −0.22
VEA Vanguard Ftse Developed ETF Reduce -11.9% 1.62% −0.17
VTV Vanguard Mrngstr Val ETF-Aui Reduce -13.0% 1.67% −0.17
FDX FedEx Corp. Sold out 0.00% −0.07
PEP Pepsico Inc. Reduce -36.9% 0.07% −0.04
BA The Boeing Co. Reduce -3.4% 0.14% −0.04
VWO Vanguard Ftse Emerging Marke Reduce -11.3% 0.47% −0.03
VB Vanguard Most SM-Cap ETF-Usd Reduce -15.8% 0.25% −0.03
PCAR Paccar Inc. Reduce -7.1% 0.15% −0.02
HON Honeywell International Inc. Reduce -0.7% 0.19% −0.02
VGIT Vanguard Intermediate-Term T Reduce -0.1% 2.23% −0.01
IMOM Alpha Intl Quant Mom ETF Reduce -1.1% 0.72% −0.01
IEMG iShares Core MSCI Emerging Reduce -4.5% 0.36% −0.01
XOM Exxon Mobil Corp. Reduce -0.4% 0.16% −0.00
DFUV Dimensional US Marketwide Va Reduce -2.0% 6.69% −0.00
JPM JPMorgan Chase & Co. Reduce -1.4% 0.09% −0.00
DFIV Dimensional International Va Reduce -1.7% 3.01% −0.00
DFAE Dimensional Emerging Core Eq Reduce -0.4% 0.96% +0.01
DFAS Dimensional US Small Cap ETF Reduce -1.1% 0.85% +0.02
JNJ Johnson & Johnson Reduce -0.4% 0.46% +0.03
HD Home Depot Inc. Reduce -0.5% 0.33% +0.04
MCD McDonald's Corp. Reduce -0.5% 0.32% +0.04
DFAC Dimensional US Core Equity 2 Reduce -0.7% 20.88% +0.31

Portfolio Buys Q2 2024 → Q3 2024
DFAX Dimensional World Ex US Core Add +0.0% 15.11% +0.31
BOXX Alpha Architect 1-3 MNTH Box New 0.17% +0.17
AAPL Apple Inc. Add +3.2% 1.64% +0.14
CARR Carrier Global Corp. New 0.08% +0.08
ABT Abbott Laboratories New 0.07% +0.07
USB US Bancorp New 0.07% +0.07
VTWO Vanguard Russell 2000 ETF New 0.07% +0.07
TSLA Tesla Inc. Add +1.3% 0.25% +0.06
VONG Vanguard Russell 1000 Growth Add +16.7% 0.39% +0.05
IBDT iShares Ibonds Dec 2028 ETF Add +19.5% 0.21% +0.03
QMOM Alpha US Quant Mom ETF Add +8.7% 0.23% +0.03
QVAL Alpha Arch US QNT Value ETF Add +7.6% 0.25% +0.02
IBM Intl Business Machines Corp. Add +1.2% 0.12% +0.02
META Meta Platforms Inc. Class A Add +1.1% 0.26% +0.02
VOO Vanguard S&P 500 ETF Add +2.7% 0.60% +0.02
RTX RTX Corp. Add +0.8% 0.16% +0.02
VONV Vanguard Russell 1000 Value Add +0.7% 0.30% +0.01
COST Costco Wholesale Corp. Add +1.2% 0.70% +0.01
AMZN Amazon.com Inc. Add +11.2% 0.28% +0.01
NVDA Nvidia Corp. Add +14.6% 0.09% +0.01
GOOGL Alphabet Inc. Class A Add +19.8% 0.15% +0.01
FBND Fidelity Total Bond ETF Add +0.2% 6.14% +0.01
IVAL Alpha Archi Intl QT Vlu ETF Add +3.7% 0.15% +0.00
MTUM iShares MSCI USA Momentum Fa Add +0.1% 0.51% 0.00
IWF iShares Russell 1000 Growth Add +0.8% 0.36% −0.00
CVX Chevron Corp. Add +0.7% 0.13% −0.01

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