Bank of Marin

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 9, 2024), Bank of Marin reported 119 stock positions worth $116.0 million. Its top holding was Microsoft (MSFT) at 6.8% of the portfolio, followed by Apple (AAPL, 5.1%) and SS Technology Select Sector (XLK, 4.3%). Compared with Q1 2024, it opened 11 new positions, sold out of 6, added to 26 and reduced 63. The biggest buy was Nvidia (NVDA, shares +8%) and the biggest sale Vanguard S&P 500 ETF (VOO, shares −19%).

Most Recent 13F
Q2 2026
Location
Novato, CA
CIK
0001801145
Portfolio Value
$116.0M (Q2 2024)
SEC Filing
0001801145-24-000006 ↗ filed Aug 9, 2024

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $113.6M Q1 2024 Q2 2024: $116.0M $116.0M Q2 2024 Q3 2024: $123.9M Q3 2024 Q4 2024: $126.1M Q4 2024 Q1 2025: $78.5M Q1 2025 Q2 2025: $132.3M Q2 2025 Q3 2025: $141.5M Q3 2025 Q4 2025: $144.6M Q4 2025 Q1 2026: $136.8M Q1 2026 Q2 2026: $143.2M Q2 2026

Holdings 119 stocks · $116.0M
MSFT Microsoft Corp. 6.78% 17,591 $7.9M Reduce -1.9%
AAPL Apple Inc. 5.07% 27,910 $5.9M Reduce -5.4%
XLK SS Technology Select Sector 4.29% 21,989 $5.0M Reduce -2.8%
XLV SS Health Care Select Sector 2.66% 21,166 $3.1M Reduce -1.4%
NVDA Nvidia Corp. 2.65% 24,860 $3.1M Add +8.2%
VOO Vanguard S&P 500 ETF 2.63% 6,092 $3.0M Reduce -18.9%
AMZN Amazon.com Inc. 2.62% 15,704 $3.0M Reduce -1.3%
VO Vngrd Mrngstr MD-Cap ETF-Usd 2.50% 11,975 $2.9M No change
XLY SS Consumer Disc Select Sect 2.24% 14,264 $2.6M Reduce -1.0%
COST Costco Wholesale Corp. 2.09% 2,850 $2.4M Reduce -2.6%
GOOGL Alphabet Inc. Class A 1.97% 12,532 $2.3M Reduce -2.9%
QQQ Invesco QQQ Trust Series 1 1.82% 4,402 $2.1M Reduce -2.4%
VOX Vanguard Communication Servi 1.76% 14,762 $2.0M Add +2.5%
XLC SS Comm Select Sector SPDR 1.66% 22,444 $1.9M Reduce -3.9%
SCHO Schwab Short-Term US Treas 1.48% 35,569 $1.7M Add +4.8%
EFA iShares MSCI Eafe ETF 1.47% 21,806 $1.7M Reduce -16.4%
SPY SS SPDR S&P 500 ETF Trust-US 1.44% 3,063 $1.7M Reduce -2.5%
DHR Danaher Corp. 1.35% 6,270 $1.6M Reduce -1.8%
LLY Eli Lilly & Co. 1.32% 1,690 $1.5M No change
XLP SS Consumer Staples Sel Sect 1.30% 19,651 $1.5M Add +2.6%
XLF SS Financial Select Sector 1.28% 36,038 $1.5M Reduce -2.7%
XLI SS Industrial Select Sector 1.27% 12,078 $1.5M Reduce -1.9%
VFH Vanguard Financials ETF 1.14% 13,280 $1.3M Reduce -0.4%
BRK.B Berkshire Hathaway Inc. Class B 1.08% 3,087 $1.3M Add +6.0%
BNDX Vanguard Total Intl Bond ETF 1.04% 24,838 $1.2M Reduce -16.4%
ADBE Adobe Inc. 0.94% 1,958 $1.1M Reduce -3.9%
CRM Salesforce Inc. 0.93% 4,209 $1.1M Reduce -3.0%
TMO Thermo Fisher Scientific Inc. 0.92% 1,929 $1.1M Add +4.0%
V Visa Inc. Class A 0.92% 4,047 $1.1M Reduce -5.2%
IVV iShares Core S&P 500 ETF 0.91% 1,922 $1.1M No change
ANET Arista Networks Inc. 0.85% 2,818 $988K No change
AMD Advanced Micro Devices 0.83% 5,927 $961K Reduce -0.5%
PFF iShares Preferred & Income S 0.82% 30,127 $951K Add +0.5%
GOVT iShares US Treasury Bond ETF 0.82% 41,944 $947K No change
TIP iShares Tips Bond ETF 0.82% 8,859 $946K Add +3.0%
VB Vanguard Most SM-Cap ETF-Usd 0.81% 4,300 $938K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.80% 23,307 $927K Reduce -2.1%
BSX Boston Scientific Corp. 0.79% 11,878 $915K Reduce -4.6%
ISRG Intuitive Surgical Inc. 0.75% 1,958 $871K Reduce -4.5%
ACN Accenture PLC Class A 0.74% 2,844 $863K Add +2.1%
JPM JPMorgan Chase & Co. 0.74% 4,242 $858K Reduce -3.9%
ELV Elevance Health Inc. 0.73% 1,565 $848K No change
VTI VG Morningstar TS MKT ETF-US 0.72% 3,143 $841K Reduce -1.7%
ZTS Zoetis Inc. 0.70% 4,660 $808K Add +1.0%
HD Home Depot Inc. 0.69% 2,311 $796K Reduce -5.3%
VXF Vanguard Extended Market ETF 0.67% 4,616 $779K Add +4.3%
BLV Vanguard Long-Term Bond ETF 0.67% 10,980 $772K Add +7.2%
CVX Chevron Corp. 0.66% 4,898 $766K Add +9.1%
META Meta Platforms Inc. Class A 0.66% 1,514 $763K Add +5.4%
SYK Stryker Corp. 0.65% 2,226 $757K Reduce -4.2%
MCD McDonald's Corp. 0.65% 2,966 $756K Reduce -3.0%
FENY Fidelity MSCI Energy Index 0.63% 29,111 $730K Reduce -2.9%
AER Aercap Holdings NV 0.61% 7,541 $703K Reduce -0.4%
MRK Merck & Co. Inc. 0.61% 5,669 $702K Reduce -5.2%
FERG Ferguson Jersey Ltd. 0.56% 3,354 $650K Reduce -0.5%
HON Honeywell International Inc. 0.56% 3,017 $644K Add +5.4%
VWO Vanguard Ftse Emerging Marke 0.55% 14,524 $636K Reduce -24.3%
HELO JPMorgan Hedged Equity ETF 0.52% 10,260 $601K Add +1.4%
PANW Palo Alto Networks Inc. 0.52% 1,765 $598K No change
USFR Wisdomtree Floating Rate Tre 0.51% 11,834 $595K No change
SPGI S&P Global Inc. 0.51% 1,333 $595K Reduce -6.1%
XLE SS Energy Select Sector 0.51% 6,508 $593K Reduce -0.2%
TSM Taiwan Semiconductor-SP ADR 0.51% 3,405 $592K Add +81.2%
TMUS T-Mobile US Inc. 0.51% 3,325 $586K Add +0.7%
XMHQ Invesco S&P Midcap Qual ETF 0.50% 5,953 $578K Reduce -12.3%
MCK McKesson Corp. 0.48% 960 $561K No change
XLB SS Materials Select Sector 0.46% 6,017 $531K Reduce -2.9%
ICSH iShares Ultra Short Duration 0.46% 10,493 $530K New
GLDM SPDR Gold Minishares Trust 0.46% 11,473 $529K Reduce -10.0%
PEP Pepsico Inc. 0.45% 3,190 $526K Add +15.6%
ADI Analog Devices Inc. 0.45% 2,300 $525K Reduce -1.3%
INTU Intuit Inc. 0.45% 795 $522K Add +11.2%
DE Deere & Co. 0.43% 1,335 $499K No change
VGT Vanguard Info Tech ETF 0.43% 864 $498K Add +23.4%
TLN Talen Energy Corp. 0.42% 4,428 $492K New
MLM Martin Marietta Materials 0.42% 906 $491K Reduce -0.2%
ENTG Entegris Inc. 0.42% 3,585 $485K Reduce -15.4%
VNQ Vanguard Real Estate ETF 0.42% 5,779 $484K Reduce -15.7%
SHW The Sherwin-Williams Co. 0.42% 1,616 $482K Reduce -20.4%
PGR Progressive Corp. 0.41% 2,270 $472K Reduce -33.6%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.40% 2,018 $463K New
BALL Ball Corp. 0.39% 7,538 $452K Reduce -24.8%
SPSM SS SPDR P S&P 600 Small Cap 0.38% 10,737 $446K New
XLU St Sr Utl SL SE SPDR ETF-Usd 0.38% 6,498 $443K Reduce -0.4%
IQV Iqvia Holdings Inc. 0.38% 2,060 $436K Reduce -0.6%
SCHW Schwab (charles) Corp. 0.37% 5,811 $428K Add +1.3%
UNH Unitedhealth Group Inc. 0.37% 835 $425K Add +18.9%
GS Goldman Sachs Group Inc. 0.36% 933 $422K Add +0.5%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.35% 1,627 $406K No change
QCOM Qualcomm Inc. 0.35% 2,025 $403K Reduce -2.4%
IUSV iShares Core S&P U.S. Value 0.34% 4,526 $399K Reduce -46.9%
VEA Vanguard Ftse Developed ETF 0.34% 7,902 $391K No change
AXP American Express Co. 0.31% 1,545 $358K No change
SPHQ Invesco S&P 500 Quality ETF 0.30% 5,389 $342K Add +4.6%
ITW Illinois Tool Works 0.28% 1,380 $327K Reduce -0.6%
GOOG Alphabet Inc. Class C 0.28% 1,740 $319K No change
IQLT iShares MSCI International Q 0.27% 8,025 $313K No change
RLY SS Multi-Asset Real Ret ETF 0.26% 11,116 $307K Reduce -8.6%
ETN Eaton Corp. PLC 0.26% 945 $296K Reduce -14.1%
NEE Nextera Energy Inc. 0.25% 4,107 $291K Reduce -7.7%
VCR Vanguard Consumer Discre ETF 0.25% 929 $290K No change
PG The Procter & Gamble Co. 0.25% 1,741 $287K No change
GTLB Gitlab Inc. Class A 0.24% 5,685 $283K New
EELV Invesco S&P Emerging Markets 0.24% 11,925 $281K No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.24% 1,867 $281K New
JNJ Johnson & Johnson 0.23% 1,854 $271K Reduce -13.7%
BMRC Bank of Marin Bancorp filed as BANK MARIN BANCORP 0.23% 16,325 $264K Add +48.3%
SRLN SS Blackstone Sr Loan ETF 0.22% 6,190 $259K Reduce -39.2%
EXPE Expedia Group Inc. 0.22% 2,045 $258K New
MAR Marriott International Class A 0.22% 1,059 $256K Reduce -6.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.22% 1,467 $254K Reduce -1.8%
TT Trane Technologies PLC 0.22% 767 $252K Reduce -4.0%
MS Morgan Stanley 0.21% 2,553 $248K New
PYPL PayPal Holdings Inc. 0.21% 4,255 $247K Reduce -34.9%
INVESTMENT MANAGERS SER TR 0.19% 5,120 $226K New
AMN Amn Healthcare Services Inc. 0.19% 4,359 $223K New
ECL Ecolab Inc. 0.19% 910 $217K Reduce -4.6%
IWF iShares Russell 1000 Growth 0.18% 573 $209K New
PFE Pfizer Inc. 0.17% 7,180 $201K Reduce -5.8%
Other holdings (1): bonds, preferreds, convertibles and warrants · $309K (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 260$309KReduce -1.5%

Total filed on the 13F, all lines: $116.3M.

Portfolio Sells Q1 2024 → Q2 2024
VOO Vanguard S&P 500 ETF Reduce -18.9% 2.63% −0.55
EQIX Equinix Inc. Sold out 0.00% −0.43
EFA iShares MSCI Eafe ETF Reduce -16.4% 1.47% −0.36
IUSV iShares Core S&P U.S. Value Reduce -46.9% 0.34% −0.33
IJR iShares Core S&P Small-Cap E Sold out 0.00% −0.27
BNDX Vanguard Total Intl Bond ETF Reduce -16.4% 1.04% −0.24
BKR Baker Hughes Co. Sold out 0.00% −0.24
APTV Aptiv Irish Holdings Ltd. Sold out 0.00% −0.22
CRM Salesforce Inc. Reduce -3.0% 0.93% −0.22
PGR Progressive Corp. Reduce -33.6% 0.41% −0.22
SHW The Sherwin-Williams Co. Reduce -20.4% 0.42% −0.21
BALL Ball Corp. Reduce -24.8% 0.39% −0.20
PLNT Planet Fitness Inc. Class A Sold out 0.00% −0.18
VIS Vanguard Industrials ETF Sold out 0.00% −0.18
PYPL PayPal Holdings Inc. Reduce -34.9% 0.21% −0.17
XMHQ Invesco S&P Midcap Qual ETF Reduce -12.3% 0.50% −0.16
VWO Vanguard Ftse Emerging Marke Reduce -24.3% 0.55% −0.16
SRLN SS Blackstone Sr Loan ETF Reduce -39.2% 0.22% −0.15
HD Home Depot Inc. Reduce -5.3% 0.69% −0.14
V Visa Inc. Class A Reduce -5.2% 0.92% −0.13
XLV SS Health Care Select Sector Reduce -1.4% 2.66% −0.13
AMD Advanced Micro Devices Reduce -0.5% 0.83% −0.12
MCD McDonald's Corp. Reduce -3.0% 0.65% −0.11
ENTG Entegris Inc. Reduce -15.4% 0.42% −0.11
VNQ Vanguard Real Estate ETF Reduce -15.7% 0.42% −0.10
XLI SS Industrial Select Sector Reduce -1.9% 1.27% −0.10
XLF SS Financial Select Sector Reduce -2.7% 1.28% −0.10
MRK Merck & Co. Inc. Reduce -5.2% 0.61% −0.09
XLY SS Consumer Disc Select Sect Reduce -1.0% 2.24% −0.09
FERG Ferguson Jersey Ltd. Reduce -0.5% 0.56% −0.09
IQV Iqvia Holdings Inc. Reduce -0.6% 0.38% −0.09
SYK Stryker Corp. Reduce -4.2% 0.65% −0.08
MLM Martin Marietta Materials Reduce -0.2% 0.42% −0.07
JNJ Johnson & Johnson Reduce -13.7% 0.23% −0.07
VFH Vanguard Financials ETF Reduce -0.4% 1.14% −0.06
FENY Fidelity MSCI Energy Index Reduce -2.9% 0.63% −0.05
DHR Danaher Corp. Reduce -1.8% 1.35% −0.05
XLB SS Materials Select Sector Reduce -2.9% 0.46% −0.05
ETN Eaton Corp. PLC Reduce -14.1% 0.26% −0.05
ITW Illinois Tool Works Reduce -0.6% 0.28% −0.05
GLDM SPDR Gold Minishares Trust Reduce -10.0% 0.46% −0.04
JPM JPMorgan Chase & Co. Reduce -3.9% 0.74% −0.04
RLY SS Multi-Asset Real Ret ETF Reduce -8.6% 0.26% −0.03
IBM Intl Business Machines Corp. Reduce -1.8% 0.22% −0.03
MAR Marriott International Class A Reduce -6.7% 0.22% −0.03
XLE SS Energy Select Sector Reduce -0.2% 0.51% −0.03
XLC SS Comm Select Sector SPDR Reduce -3.9% 1.66% −0.02
SPGI S&P Global Inc. Reduce -6.1% 0.51% −0.02
PFE Pfizer Inc. Reduce -5.8% 0.17% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -2.5% 1.44% −0.01

Portfolio Buys Q1 2024 → Q2 2024
NVDA Nvidia Corp. Add +8.2% 2.65% +0.82
ICSH iShares Ultra Short Duration New 0.46% +0.46
TLN Talen Energy Corp. New 0.42% +0.42
VOT Vngrd Mrngstr MC GRW ETF-Usd New 0.40% +0.40
SPSM SS SPDR P S&P 600 Small Cap New 0.38% +0.38
TSM Taiwan Semiconductor-SP ADR Add +81.2% 0.51% +0.29
GTLB Gitlab Inc. Class A New 0.24% +0.24
VOE Vngrd Mrngstr MD-Cap Val ETF New 0.24% +0.24
EXPE Expedia Group Inc. New 0.22% +0.22
MS Morgan Stanley New 0.21% +0.21
INVESTMENT MANAGERS SER TR New 0.19% +0.19
AMN Amn Healthcare Services Inc. New 0.19% +0.19
IWF iShares Russell 1000 Growth New 0.18% +0.18
VGT Vanguard Info Tech ETF Add +23.4% 0.43% +0.11
VOX Vanguard Communication Servi Add +2.5% 1.76% +0.10
BMRC Bank of Marin Bancorp Add +48.3% 0.23% +0.07
UNH Unitedhealth Group Inc. Add +18.9% 0.37% +0.06
META Meta Platforms Inc. Class A Add +5.4% 0.66% +0.04
INTU Intuit Inc. Add +11.2% 0.45% +0.04
HON Honeywell International Inc. Add +5.4% 0.56% +0.04
CVX Chevron Corp. Add +9.1% 0.66% +0.04
SCHO Schwab Short-Term US Treas Add +4.8% 1.48% +0.04
TMUS T-Mobile US Inc. Add +0.7% 0.51% +0.03
PEP Pepsico Inc. Add +15.6% 0.45% +0.03
GS Goldman Sachs Group Inc. Add +0.5% 0.36% +0.02
SPHQ Invesco S&P 500 Quality ETF Add +4.6% 0.30% +0.02
HELO JPMorgan Hedged Equity ETF Add +1.4% 0.52% +0.02
BLV Vanguard Long-Term Bond ETF Add +7.2% 0.67% +0.01
XLP SS Consumer Staples Sel Sect Add +2.6% 1.30% +0.01
ZTS Zoetis Inc. Add +1.0% 0.70% +0.01
BRK.B Berkshire Hathaway Inc. Class B Add +6.0% 1.08% +0.00
SCHW Schwab (charles) Corp. Add +1.3% 0.37% +0.00
TIP iShares Tips Bond ETF Add +3.0% 0.82% +0.00
VXF Vanguard Extended Market ETF Add +4.3% 0.67% −0.01
TMO Thermo Fisher Scientific Inc. Add +4.0% 0.92% −0.03
PFF iShares Preferred & Income S Add +0.5% 0.82% −0.03
ACN Accenture PLC Class A Add +2.1% 0.74% −0.11

Notes & Other Activity Q1 2024 → Q2 2024
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -1.5% 260 $309K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 132$143.2MXLK, MSFT, GOOGL, AAPL, NVDA
Q1 2026 134$136.8MAAPL, MSFT, XLK, GOOGL, NVDA
Q4 2025 129$144.6MMSFT, AAPL, XLK, GOOGL, NVDA
Q3 2025 129$141.5MMSFT, AAPL, XLK, NVDA, AMZN
Q2 2025 125$132.3MMSFT, AAPL, XLK, NVDA, AMZN
Q1 2025 90$78.5MMSFT, AAPL, AMZN, XLV, NVDA
Q4 2024 124$126.1MMSFT, AAPL, XLK, AMZN, NVDA
Q3 2024 124$123.9MMSFT, AAPL, XLK, VOO, XLV
Q2 2024 119$116.0MMSFT, AAPL, XLK, XLV, NVDA
Q1 2024 114$113.6MMSFT, AAPL, XLK, VOO, XLV