Baker Boyer National Bank
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 23, 2025), Baker Boyer National Bank reported 79 stock positions worth $289.5 million. Its top holding was Vanguard Tax-Exempt Bond ETF (VTEB) at 21.9% of the portfolio, followed by Dimensional US Core Equity 2 (DFAC, 21.4%) and Dimensional World Ex US Core (DFAX, 14.4%). Compared with Q3 2024, it opened 3 new positions, sold out of 2, added to 26 and reduced 36. The biggest buy was Vanguard Tax-Exempt Bond ETF (VTEB, shares +2%) and the biggest sale Dimensional International Va (DFIV, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- WALLA WALLA, WA
- CIK
- 0001079398
- Portfolio Value
- $289.5M (Q4 2024)
- SEC Filing
- 0001079398-25-000002 ↗ filed Jan 23, 2025
Holdings Value
Holdings 79 stocks · $289.5M
| VTEB Vanguard Tax-Exempt Bond ETF | 21.86% | 1,262,039 | $63.3M | Add +2.4% |
| DFAC Dimensional US Core Equity 2 | 21.43% | 1,793,251 | $62.0M | Reduce -1.2% |
| DFAX Dimensional World Ex US Core | 14.37% | 1,672,978 | $41.6M | Add +0.3% |
| DFUV Dimensional US Marketwide Va | 6.54% | 462,449 | $18.9M | Reduce -3.3% |
| FBND Fidelity Total Bond ETF | 6.03% | 388,918 | $17.5M | Reduce -0.7% |
| DFIV Dimensional International Va | 2.74% | 223,217 | $7.9M | Reduce -5.4% |
| VGIT Vanguard Intermediate-Term T | 2.04% | 101,697 | $5.9M | Reduce -7.5% |
| AAPL Apple Inc. | 1.72% | 19,830 | $5.0M | Reduce -5.6% |
| DFAI Dimensional International Co. | 1.68% | 166,755 | $4.9M | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.65% | 28,200 | $4.8M | Reduce -1.1% |
| VEA Vanguard Ftse Developed ETF | 1.57% | 94,745 | $4.5M | Add +3.4% |
| MSFT Microsoft Corp. | 1.21% | 8,309 | $3.5M | Add +7.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.11% | 7,825 | $3.2M | Add +0.4% |
| DFAE Dimensional Emerging Core Eq | 0.88% | 100,766 | $2.6M | Reduce -3.5% |
| DFAS Dimensional US Small Cap ETF | 0.80% | 35,758 | $2.3M | Reduce -8.8% |
| COST Costco Wholesale Corp. | 0.71% | 2,235 | $2.0M | Reduce -4.9% |
| IMOM Alpha Intl Quant Mom ETF | 0.68% | 74,078 | $2.0M | Reduce -0.2% |
| VOO Vanguard S&P 500 ETF | 0.63% | 3,408 | $1.8M | Add +0.4% |
| MTUM iShares MSCI USA Momentum Fa | 0.52% | 7,235 | $1.5M | Reduce -4.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.49% | 2,427 | $1.4M | Add +5.6% |
| VWO Vanguard Ftse Emerging Marke | 0.48% | 31,378 | $1.4M | Add +7.3% |
| DE Deere & Co. | 0.43% | 2,965 | $1.3M | Reduce -19.6% |
| GOOG Alphabet Inc. Class C | 0.43% | 6,473 | $1.2M | Reduce -4.1% |
| TSLA Tesla Inc. | 0.41% | 2,924 | $1.2M | Add +1.2% |
| JNJ Johnson & Johnson | 0.41% | 8,140 | $1.2M | Reduce -4.3% |
| VONG Vanguard Russell 1000 Growth | 0.40% | 11,249 | $1.2M | Reduce -7.5% |
| IWF iShares Russell 1000 Growth | 0.39% | 2,810 | $1.1M | Reduce -0.8% |
| VONV Vanguard Russell 1000 Value | 0.35% | 12,379 | $1.0M | Add +16.6% |
| IEMG iShares Core MSCI Emerging | 0.34% | 18,835 | $984K | Reduce -0.4% |
| AMZN Amazon.com Inc. | 0.34% | 4,444 | $975K | Reduce -0.4% |
| MCD McDonald's Corp. | 0.31% | 3,074 | $891K | Reduce -1.6% |
| PG The Procter & Gamble Co. | 0.28% | 4,762 | $798K | Reduce -1.9% |
| HD Home Depot Inc. | 0.26% | 1,952 | $759K | Reduce -20.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.26% | 1,675 | $759K | Reduce -7.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.26% | 3,133 | $753K | Reduce -0.3% |
| QVAL Alpha Arch US QNT Value ETF | 0.25% | 16,179 | $722K | Add +1.9% |
| QMOM Alpha US Quant Mom ETF | 0.24% | 10,868 | $697K | Add +2.3% |
| META Meta Platforms Inc. Class A | 0.24% | 1,186 | $694K | Reduce -11.4% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.22% | 26,048 | $649K | Add +8.4% |
| SO The Southern Co. | 0.22% | 7,691 | $633K | Reduce -4.3% |
| UNH Unitedhealth Group Inc. | 0.21% | 1,183 | $598K | Add +0.8% |
| HON Honeywell International Inc. | 0.20% | 2,585 | $584K | Reduce -4.8% |
| MA Mastercard Inc. Class A | 0.20% | 1,085 | $571K | Add +0.8% |
| ACN Accenture PLC Class A | 0.18% | 1,462 | $514K | Reduce -3.3% |
| BOXX Alpha Architect 1-3 MNTH Box | 0.18% | 4,606 | $508K | No change |
| GOOGL Alphabet Inc. Class A | 0.17% | 2,580 | $488K | Reduce -1.1% |
| XOM Exxon Mobil Corp. | 0.17% | 4,503 | $484K | Add +9.0% |
| BA The Boeing Co. | 0.16% | 2,672 | $473K | Reduce -5.3% |
| PCAR Paccar Inc. | 0.16% | 4,409 | $459K | No change |
| UNP Union Pacific Corp. | 0.16% | 1,986 | $453K | Reduce -7.9% |
| RTX RTX Corp. | 0.15% | 3,872 | $448K | No change |
| IVAL Alpha Archi Intl QT Vlu ETF | 0.14% | 17,195 | $413K | Add +1.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.14% | 1,866 | $410K | Add +12.0% |
| VXF Vanguard Extended Market ETF | 0.14% | 2,143 | $407K | No change |
| DFAT Dimensional US Target Value | 0.14% | 7,295 | $406K | No change |
| WM Waste Management Inc. | 0.14% | 1,979 | $399K | No change |
| V Visa Inc. Class A | 0.14% | 1,250 | $395K | Reduce -6.6% |
| NKE Nike Inc. Class B | 0.13% | 5,139 | $389K | No change |
| CVX Chevron Corp. | 0.12% | 2,415 | $350K | Reduce -7.3% |
| CAT Caterpillar Inc. | 0.12% | 945 | $343K | No change |
| DUK Duke Energy Corp. | 0.12% | 3,179 | $343K | Add +4.1% |
| CMI Cummins Inc. | 0.12% | 971 | $338K | Reduce -4.3% |
| NVDA Nvidia Corp. | 0.11% | 2,403 | $323K | Add +3.3% |
| SYK Stryker Corp. | 0.11% | 851 | $306K | No change |
| DHR Danaher Corp. | 0.10% | 1,281 | $294K | Add +1.6% |
| ED Consolidated Edison Inc. | 0.10% | 3,213 | $287K | No change |
| MUB iShares National Muni Bond E | 0.09% | 2,560 | $273K | No change |
| INTU Intuit Inc. | 0.09% | 430 | $270K | Add +2.4% |
| ABBV Abbvie Inc. | 0.09% | 1,494 | $265K | Reduce -11.3% |
| VTWO Vanguard Russell 2000 ETF | 0.09% | 2,939 | $263K | Add +28.5% |
| JPM JPMorgan Chase & Co. | 0.09% | 1,078 | $258K | Reduce -13.6% |
| VCRB Vanguard Core Bond ETF | 0.09% | 3,257 | $247K | New |
| ADBE Adobe Inc. | 0.08% | 540 | $240K | No change |
| LOW Lowe's Cos Inc. | 0.08% | 946 | $233K | Add +2.3% |
| VZ Verizon Communications Inc. | 0.08% | 5,627 | $225K | New |
| MRK Merck & Co. Inc. | 0.08% | 2,202 | $219K | Add +4.8% |
| ABT Abbott Laboratories | 0.07% | 1,870 | $212K | Add +1.1% |
| CARR Carrier Global Corp. | 0.07% | 3,062 | $209K | No change |
| COMP Compass Inc. Class A | 0.05% | 23,735 | $139K | New |
Portfolio Sells Q3 2024 → Q4 2024
| DFIV Dimensional International Va | Reduce -5.4% | 2.74% | −0.28 |
| VGIT Vanguard Intermediate-Term T | Reduce -7.5% | 2.04% | −0.19 |
| DFUV Dimensional US Marketwide Va | Reduce -3.3% | 6.54% | −0.15 |
| FBND Fidelity Total Bond ETF | Reduce -0.7% | 6.03% | −0.11 |
| DE Deere & Co. | Reduce -19.6% | 0.43% | −0.08 |
| DFAE Dimensional Emerging Core Eq | Reduce -3.5% | 0.88% | −0.08 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.07 |
| HD Home Depot Inc. | Reduce -20.5% | 0.26% | −0.07 |
| USB US Bancorp | Sold out | 0.00% | −0.07 |
| JNJ Johnson & Johnson | Reduce -4.3% | 0.41% | −0.06 |
| DFAS Dimensional US Small Cap ETF | Reduce -8.8% | 0.80% | −0.05 |
| IMOM Alpha Intl Quant Mom ETF | Reduce -0.2% | 0.68% | −0.04 |
| IEMG iShares Core MSCI Emerging | Reduce -0.4% | 0.34% | −0.02 |
| SO The Southern Co. | Reduce -4.3% | 0.22% | −0.02 |
| UNP Union Pacific Corp. | Reduce -7.9% | 0.16% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -1.1% | 1.65% | −0.02 |
| ABBV Abbvie Inc. | Reduce -11.3% | 0.09% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -7.8% | 0.26% | −0.02 |
| META Meta Platforms Inc. Class A | Reduce -11.4% | 0.24% | −0.02 |
| MCD McDonald's Corp. | Reduce -1.6% | 0.31% | −0.01 |
| CVX Chevron Corp. | Reduce -7.3% | 0.12% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -1.9% | 0.28% | −0.01 |
| ACN Accenture PLC Class A | Reduce -3.3% | 0.18% | −0.00 |
| JPM JPMorgan Chase & Co. | Reduce -13.6% | 0.09% | +0.00 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -4.0% | 0.52% | +0.00 |
| CMI Cummins Inc. | Reduce -4.3% | 0.12% | +0.01 |
| VONG Vanguard Russell 1000 Growth | Reduce -7.5% | 0.40% | +0.01 |
| COST Costco Wholesale Corp. | Reduce -4.9% | 0.71% | +0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -0.3% | 0.26% | +0.01 |
| V Visa Inc. Class A | Reduce -6.6% | 0.14% | +0.01 |
| HON Honeywell International Inc. | Reduce -4.8% | 0.20% | +0.01 |
| BA The Boeing Co. | Reduce -5.3% | 0.16% | +0.02 |
| GOOGL Alphabet Inc. Class A | Reduce -1.1% | 0.17% | +0.02 |
| IWF iShares Russell 1000 Growth | Reduce -0.8% | 0.39% | +0.03 |
| GOOG Alphabet Inc. Class C | Reduce -4.1% | 0.43% | +0.05 |
| AMZN Amazon.com Inc. | Reduce -0.4% | 0.34% | +0.06 |
| AAPL Apple Inc. | Reduce -5.6% | 1.72% | +0.07 |
| DFAC Dimensional US Core Equity 2 | Reduce -1.2% | 21.43% | +0.55 |
Portfolio Buys Q3 2024 → Q4 2024
| VTEB Vanguard Tax-Exempt Bond ETF | Add +2.4% | 21.86% | +0.71 |
| TSLA Tesla Inc. | Add +1.2% | 0.41% | +0.15 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.4% | 1.11% | +0.11 |
| MSFT Microsoft Corp. | Add +7.9% | 1.21% | +0.10 |
| VCRB Vanguard Core Bond ETF | New | 0.09% | +0.09 |
| VZ Verizon Communications Inc. | New | 0.08% | +0.08 |
| VONV Vanguard Russell 1000 Value | Add +16.6% | 0.35% | +0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +5.6% | 0.49% | +0.05 |
| COMP Compass Inc. Class A | New | 0.05% | +0.05 |
| VOO Vanguard S&P 500 ETF | Add +0.4% | 0.63% | +0.03 |
| VTWO Vanguard Russell 2000 ETF | Add +28.5% | 0.09% | +0.02 |
| MA Mastercard Inc. Class A | Add +0.8% | 0.20% | +0.02 |
| IBM Intl Business Machines Corp. | Add +12.0% | 0.14% | +0.02 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +8.4% | 0.22% | +0.02 |
| NVDA Nvidia Corp. | Add +3.3% | 0.11% | +0.02 |
| QMOM Alpha US Quant Mom ETF | Add +2.3% | 0.24% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +7.3% | 0.48% | +0.01 |
| INTU Intuit Inc. | Add +2.4% | 0.09% | +0.01 |
| XOM Exxon Mobil Corp. | Add +9.0% | 0.17% | +0.00 |
| QVAL Alpha Arch US QNT Value ETF | Add +1.9% | 0.25% | +0.00 |
| ABT Abbott Laboratories | Add +1.1% | 0.07% | +0.00 |
| DUK Duke Energy Corp. | Add +4.1% | 0.12% | +0.00 |
| LOW Lowe's Cos Inc. | Add +2.3% | 0.08% | −0.00 |
| IVAL Alpha Archi Intl QT Vlu ETF | Add +1.8% | 0.14% | −0.00 |
| MRK Merck & Co. Inc. | Add +4.8% | 0.08% | −0.00 |
| DHR Danaher Corp. | Add +1.6% | 0.10% | −0.02 |
| UNH Unitedhealth Group Inc. | Add +0.8% | 0.21% | −0.02 |
| VEA Vanguard Ftse Developed ETF | Add +3.4% | 1.57% | −0.06 |
| DFAX Dimensional World Ex US Core | Add +0.3% | 14.37% | −0.74 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 94 | $364.1M | DFAC, DFAX, VTEB, DFUV, FBND |
| Q1 2026 | 91 | $332.8M | DFAC, DFAX, VTEB, DFUV, FBND |
| Q4 2025 | 94 | $331.2M | DFAC, VTEB, DFAX, DFUV, FBND |
| Q3 2025 | 80 | $301.0M | DFAC, VTEB, DFAX, DFUV, FBND |
| Q2 2025 | 78 | $290.0M | DFAC, VTEB, DFAX, DFUV, FBND |
| Q1 2025 | 73 | $271.1M | DFAC, VTEB, DFAX, DFUV, FBND |
| Q4 2024 | 79 | $289.5M | VTEB, DFAC, DFAX, DFUV, FBND |
| Q3 2024 | 78 | $298.0M | VTEB, DFAC, DFAX, DFUV, FBND |
| Q2 2024 | 74 | $286.2M | VTEB, DFAC, DFAX, DFUV, FBND |
| Q1 2024 | 80 | $290.4M | VTEB, DFAC, DFAX, DFUV, FBND |