Baker Boyer National Bank

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 28, 2026), Baker Boyer National Bank reported 91 stock positions worth $332.8 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 21.1% of the portfolio, followed by Dimensional World Ex US Core (DFAX, 18.0%) and Vanguard Tax-Exempt Bond ETF (VTEB, 17.6%). Compared with Q4 2025, it opened 3 new positions, sold out of 6, added to 13 and reduced 42. The biggest buy was Dimensional World Ex US Core (DFAX, shares +2%) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −35%).

Most Recent 13F
Q2 2026
Location
WALLA WALLA, WA
CIK
0001079398
Portfolio Value
$332.8M (Q1 2026)
SEC Filing
0001079398-26-000004 ↗ filed Apr 28, 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 $332.8M Q1 2026 Q2 2026: $364.1M Q2 2026

Holdings 91 stocks · $332.8M
DFAC Dimensional US Core Equity 2 21.14% 1,810,343 $70.3M Add +1.3%
DFAX Dimensional World Ex US Core 17.98% 1,762,066 $59.9M Add +2.5%
VTEB Vanguard Tax-Exempt Bond ETF 17.57% 1,172,202 $58.5M Add +0.8%
DFUV Dimensional US Marketwide Va 6.44% 442,147 $21.4M Reduce -0.3%
FBND Fidelity Total Bond ETF 5.62% 410,175 $18.7M Add +4.1%
DFIV Dimensional International Va 3.27% 206,482 $10.9M Reduce -2.3%
DFAI Dimensional International Co. 2.30% 196,545 $7.7M Reduce -0.1%
MSFT Microsoft Corp. 2.28% 20,511 $7.6M Add +2.5%
SPY SS SPDR S&P 500 ETF Trust-US 1.61% 8,259 $5.4M No change
AAPL Apple Inc. 1.45% 18,952 $4.8M Reduce -1.4%
PCAR Paccar Inc. 1.27% 36,506 $4.2M No change
VGIT Vanguard Intermediate-Term T 1.11% 62,299 $3.7M Reduce -2.0%
IMOM Alpha Intl Quant Mom ETF 1.09% 90,823 $3.6M Add +6.9%
DFAE Dimensional Emerging Core Eq 1.04% 102,581 $3.5M Add +1.5%
DFAS Dimensional US Small Cap ETF 0.76% 35,793 $2.5M Add +1.7%
VOO Vanguard S&P 500 ETF 0.68% 3,803 $2.3M Add +3.5%
MTUM iShares MSCI USA Momentum Fa 0.66% 9,170 $2.2M Add +14.7%
VEA Vanguard Ftse Developed ETF 0.50% 25,890 $1.7M Reduce -4.3%
JNJ Johnson & Johnson 0.49% 6,721 $1.6M No change
VTV Vanguard Mrngstr Val ETF-Aui 0.44% 7,547 $1.5M No change
BRK.A Berkshire Hathaway Inc. Class A 0.43% 2 $1.4M No change
QVAL Alpha Arch US QNT Value ETF 0.39% 25,006 $1.3M Reduce -1.3%
DE Deere & Co. 0.37% 2,202 $1.2M Reduce -0.5%
VONG Vanguard Russell 1000 Growth 0.37% 11,249 $1.2M No change
XOM Exxon Mobil Corp. 0.37% 7,270 $1.2M Reduce -0.8%
IWF iShares Russell 1000 Growth 0.36% 2,810 $1.2M No change
COST Costco Wholesale Corp. 0.35% 1,172 $1.2M Reduce -0.5%
QMOM Alpha US Quant Mom ETF 0.35% 16,993 $1.2M Reduce -1.2%
VONV Vanguard Russell 1000 Value 0.35% 12,379 $1.2M No change
IEMG iShares Core MSCI Emerging 0.32% 15,403 $1.1M No change
BRK.B Berkshire Hathaway Inc. Class B 0.32% 2,233 $1.1M Reduce -35.2%
AVUS Avantis U.S. Equity ETF 0.31% 9,297 $1.0M No change
EMR Emerson Electric Co. 0.31% 7,875 $1.0M Reduce -0.9%
IVAL Alpha Archi Intl QT Vlu ETF 0.30% 29,069 $987K Reduce -1.1%
AMZN Amazon.com Inc. 0.29% 4,627 $964K Add +19.0%
MCD McDonald's Corp. 0.28% 2,996 $931K Reduce -3.0%
USB US Bancorp 0.28% 17,825 $927K Reduce -1.0%
GOOGL Alphabet Inc. Class A 0.27% 3,119 $897K Reduce -0.2%
GOOG Alphabet Inc. Class C 0.25% 2,914 $836K Reduce -13.1%
CAT Caterpillar Inc. 0.24% 1,145 $811K No change
META Meta Platforms Inc. Class A 0.22% 1,286 $736K Reduce -1.9%
VTWO Vanguard Russell 2000 ETF 0.21% 7,044 $706K Add +21.9%
IBDT iShares Ibonds Dec 2028 ETF 0.21% 27,023 $684K Add +11.0%
RTX RTX Corp. 0.20% 3,376 $651K No change
HD Home Depot Inc. 0.20% 1,973 $649K Reduce -3.9%
VWO Vanguard Ftse Emerging Marke 0.18% 11,017 $595K Reduce -4.5%
HON Honeywell International Inc. 0.18% 2,585 $584K Reduce -0.4%
UNP Union Pacific Corp. 0.17% 2,338 $567K No change
MA Mastercard Inc. Class A 0.17% 1,125 $562K Reduce -0.4%
CVX Chevron Corp. 0.16% 2,618 $542K Reduce -2.2%
BA The Boeing Co. 0.16% 2,715 $540K No change
IAU iShares Gold Trust 0.16% 5,895 $520K Reduce -6.3%
PG The Procter & Gamble Co. 0.15% 3,414 $493K Reduce -23.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.14% 1,987 $482K Reduce -1.6%
WM Waste Management Inc. 0.14% 1,979 $455K Reduce -0.5%
DUK Duke Energy Corp. 0.13% 3,359 $440K Reduce -0.7%
TSLA Tesla Inc. 0.13% 1,161 $432K Reduce -3.5%
V Visa Inc. Class A 0.12% 1,357 $410K No change
MRK Merck & Co. Inc. 0.11% 3,013 $362K Reduce -2.5%
NVDA Nvidia Corp. 0.11% 2,057 $359K No change
AMD Advanced Micro Devices 0.11% 1,725 $351K No change
XLK SS Technology Select Sector 0.10% 2,556 $340K No change
ED Consolidated Edison Inc. 0.10% 2,958 $335K No change
DFAU Dimensional US Core Equity M 0.10% 7,339 $331K No change
CMI Cummins Inc. 0.10% 598 $322K No change
MINT PIMCO Enhanced Short Maturit 0.09% 3,092 $311K No change
WY Weyerhaeuser Co. 0.09% 12,607 $308K Reduce -2.6%
JPM JPMorgan Chase & Co. 0.09% 1,045 $307K No change
SO The Southern Co. 0.09% 3,032 $293K Reduce -56.3%
ACN Accenture PLC Class A 0.09% 1,462 $290K No change
BBRE JPM Betabldrs MSCI US REIT filed as J P MORGAN EXCHANGE TRADED F 0.09% 3,026 $290K No change
ABBV Abbvie Inc. 0.09% 1,324 $288K Reduce -6.3%
VXUS Vanguard Total Intl Stock 0.09% 3,712 $286K New
SYK Stryker Corp. 0.08% 851 $280K Reduce -2.9%
WMT Walmart Inc. 0.08% 2,224 $276K No change
MUB iShares National Muni Bond E 0.08% 2,560 $272K No change
NKE Nike Inc. Class B 0.08% 5,067 $268K Reduce -5.5%
TT Trane Technologies PLC 0.08% 617 $257K No change
VCRB Vanguard Core Bond ETF 0.08% 3,257 $252K No change
ETN Eaton Corp. PLC 0.08% 702 $251K Reduce -12.5%
CSCO Cisco Systems Inc. 0.07% 3,146 $244K Reduce -2.2%
FDX FedEx Corp. 0.07% 678 $241K New
DHR Danaher Corp. 0.07% 1,261 $239K Reduce -1.6%
BAM Brookfield Asset Mgmt-A 0.07% 5,200 $231K No change
LOW Lowe's Cos Inc. 0.07% 946 $224K Reduce -6.2%
MO Altria Group Inc. 0.07% 3,379 $223K Reduce -7.7%
XEL Xcel Energy Inc. 0.07% 2,800 $222K No change
VXF Vanguard Extended Market ETF 0.07% 1,062 $219K No change
CARR Carrier Global Corp. 0.06% 3,824 $215K Reduce -1.5%
PHYS Sprott Physical Gold Trust 0.06% 6,015 $213K New
VTI VG Morningstar TS MKT ETF-US 0.06% 647 $208K No change

Portfolio Sells Q4 2025 → Q1 2026
BRK.B Berkshire Hathaway Inc. Class B Reduce -35.2% 0.32% −0.20
AAPL Apple Inc. Reduce -1.4% 1.45% −0.13
UNH Unitedhealth Group Inc. Sold out 0.00% −0.11
SO The Southern Co. Reduce -56.3% 0.09% −0.09
INTU Intuit Inc. Sold out 0.00% −0.09
ADBE Adobe Inc. Sold out 0.00% −0.07
ABT Abbott Laboratories Sold out 0.00% −0.07
GOOG Alphabet Inc. Class C Reduce -13.1% 0.25% −0.07
FBTC Fidelity Wise Origin Bitcoin Sold out 0.00% −0.06
GS Goldman Sachs Group Inc. Sold out 0.00% −0.06
PG The Procter & Gamble Co. Reduce -23.4% 0.15% −0.04
META Meta Platforms Inc. Class A Reduce -1.9% 0.22% −0.04
IBM Intl Business Machines Corp. Reduce -1.6% 0.14% −0.04
VGIT Vanguard Intermediate-Term T Reduce -2.0% 1.11% −0.04
TSLA Tesla Inc. Reduce -3.5% 0.13% −0.03
MA Mastercard Inc. Class A Reduce -0.4% 0.17% −0.03
GOOGL Alphabet Inc. Class A Reduce -0.2% 0.27% −0.03
NKE Nike Inc. Class B Reduce -5.5% 0.08% −0.02
HD Home Depot Inc. Reduce -3.9% 0.20% −0.02
DHR Danaher Corp. Reduce -1.6% 0.07% −0.02
VEA Vanguard Ftse Developed ETF Reduce -4.3% 0.50% −0.01
USB US Bancorp Reduce -1.0% 0.28% −0.01
ABBV Abbvie Inc. Reduce -6.3% 0.09% −0.01
SYK Stryker Corp. Reduce -2.9% 0.08% −0.01
EMR Emerson Electric Co. Reduce -0.9% 0.31% −0.01
VWO Vanguard Ftse Emerging Marke Reduce -4.5% 0.18% −0.01
LOW Lowe's Cos Inc. Reduce -6.2% 0.07% −0.01
MCD McDonald's Corp. Reduce -3.0% 0.28% −0.01
ETN Eaton Corp. PLC Reduce -12.5% 0.08% −0.00
CSCO Cisco Systems Inc. Reduce -2.2% 0.07% −0.00
WY Weyerhaeuser Co. Reduce -2.6% 0.09% 0.00
IAU iShares Gold Trust Reduce -6.3% 0.16% +0.00
CARR Carrier Global Corp. Reduce -1.5% 0.06% +0.00
MO Altria Group Inc. Reduce -7.7% 0.07% +0.00
WM Waste Management Inc. Reduce -0.5% 0.14% +0.00
QMOM Alpha US Quant Mom ETF Reduce -1.2% 0.35% +0.01
MRK Merck & Co. Inc. Reduce -2.5% 0.11% +0.01
DUK Duke Energy Corp. Reduce -0.7% 0.13% +0.01
IVAL Alpha Archi Intl QT Vlu ETF Reduce -1.1% 0.30% +0.02
QVAL Alpha Arch US QNT Value ETF Reduce -1.3% 0.39% +0.02
HON Honeywell International Inc. Reduce -0.4% 0.18% +0.02
DFAI Dimensional International Co. Reduce -0.1% 2.30% +0.04
CVX Chevron Corp. Reduce -2.2% 0.16% +0.04
COST Costco Wholesale Corp. Reduce -0.5% 0.35% +0.04
DE Deere & Co. Reduce -0.5% 0.37% +0.06
DFIV Dimensional International Va Reduce -2.3% 3.27% +0.09
XOM Exxon Mobil Corp. Reduce -0.8% 0.37% +0.10
DFUV Dimensional US Marketwide Va Reduce -0.3% 6.44% +0.20

Portfolio Buys Q4 2025 → Q1 2026
DFAX Dimensional World Ex US Core Add +2.5% 17.98% +0.99
FBND Fidelity Total Bond ETF Add +4.1% 5.62% +0.15
IMOM Alpha Intl Quant Mom ETF Add +6.9% 1.09% +0.11
VXUS Vanguard Total Intl Stock New 0.09% +0.09
FDX FedEx Corp. New 0.07% +0.07
PHYS Sprott Physical Gold Trust New 0.06% +0.06
MTUM iShares MSCI USA Momentum Fa Add +14.7% 0.66% +0.06
DFAE Dimensional Emerging Core Eq Add +1.5% 1.04% +0.05
VTWO Vanguard Russell 2000 ETF Add +21.9% 0.21% +0.04
DFAS Dimensional US Small Cap ETF Add +1.7% 0.76% +0.02
AMZN Amazon.com Inc. Add +19.0% 0.29% +0.02
IBDT iShares Ibonds Dec 2028 ETF Add +11.0% 0.21% +0.02
VOO Vanguard S&P 500 ETF Add +3.5% 0.68% −0.01
VTEB Vanguard Tax-Exempt Bond ETF Add +0.8% 17.57% −0.08
DFAC Dimensional US Core Equity 2 Add +1.3% 21.14% −0.23
MSFT Microsoft Corp. Add +2.5% 2.28% −0.64

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