Bank of Marin
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Bank of Marin reported 134 stock positions worth $136.8 million. Its top holding was Apple (AAPL) at 5.0% of the portfolio, followed by Microsoft (MSFT, 4.5%) and SS Technology Select Sector (XLK, 4.1%). Compared with Q4 2025, it opened 15 new positions, sold out of 10, added to 45 and reduced 44. The biggest buy was a new position in Phillips 66 (PSX) and the biggest sale Microsoft (MSFT, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- Novato, CA
- CIK
- 0001801145
- Portfolio Value
- $136.8M (Q1 2026)
- SEC Filing
- 0001628280-26-034926 ↗ filed May 14, 2026
Holdings Value
Holdings 134 stocks · $136.8M
| AAPL Apple Inc. | 5.03% | 27,081 | $6.9M | Reduce -1.4% |
| MSFT Microsoft Corp. | 4.53% | 16,737 | $6.2M | Reduce -3.5% |
| XLK SS Technology Select Sector | 4.13% | 42,528 | $5.7M | Reduce -0.4% |
| GOOGL Alphabet Inc. Class A | 2.84% | 13,506 | $3.9M | Reduce -0.5% |
| NVDA Nvidia Corp. | 2.74% | 21,470 | $3.7M | Reduce -2.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.43% | 11,595 | $3.3M | No change |
| VOO Vanguard S&P 500 ETF | 2.42% | 5,530 | $3.3M | Reduce -3.3% |
| AMZN Amazon.com Inc. | 2.23% | 14,647 | $3.1M | Reduce -8.6% |
| XLY SS Consumer Disc Select Sect | 2.23% | 27,972 | $3.0M | Add +4.0% |
| XLV SS Health Care Select Sector | 2.13% | 19,872 | $2.9M | Add +2.0% |
| COST Costco Wholesale Corp. | 2.08% | 2,850 | $2.8M | No change |
| QQQ Invesco QQQ Trust Series 1 | 2.05% | 4,857 | $2.8M | Add +2.1% |
| VOX Vanguard Communication Servi | 1.83% | 13,934 | $2.5M | Reduce -4.6% |
| BMRC Bank of Marin Bancorp | 1.82% | 97,046 | $2.5M | Reduce -6.7% |
| SCHO Schwab Short-Term US Treas | 1.50% | 84,550 | $2.1M | Add +4.3% |
| XLI SS Industrial Select Sector | 1.42% | 11,987 | $1.9M | Add +6.3% |
| XLC SS Comm Select Sector SPDR | 1.35% | 16,607 | $1.8M | Reduce -10.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.32% | 2,779 | $1.8M | Reduce -3.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.26% | 3,587 | $1.7M | Add +15.4% |
| IVV iShares Core S&P 500 ETF | 1.22% | 2,562 | $1.7M | Add +13.1% |
| XLF SS Financial Select Sector | 1.18% | 32,812 | $1.6M | Add +2.6% |
| VFH Vanguard Financials ETF | 1.17% | 13,249 | $1.6M | Add +0.6% |
| XLP SS Consumer Staples Sel Sect | 1.09% | 18,220 | $1.5M | Reduce -1.3% |
| GOVT iShares US Treasury Bond ETF | 1.06% | 63,141 | $1.4M | Reduce -1.3% |
| V Visa Inc. Class A | 1.02% | 4,622 | $1.4M | Add +2.9% |
| DHR Danaher Corp. | 1.02% | 7,360 | $1.4M | Add +1.3% |
| ANET Arista Networks Inc. | 1.00% | 11,136 | $1.4M | Reduce -1.0% |
| LLY Eli Lilly & Co. | 0.95% | 1,419 | $1.3M | Reduce -8.6% |
| VEA Vanguard Ftse Developed ETF | 0.95% | 20,267 | $1.3M | Add +3.3% |
| BNDX Vanguard Total Intl Bond ETF | 0.92% | 26,145 | $1.3M | Add +4.0% |
| EFA iShares MSCI Eafe ETF | 0.88% | 12,363 | $1.2M | Add +2.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.86% | 24,263 | $1.2M | No change |
| JPM JPMorgan Chase & Co. | 0.86% | 4,021 | $1.2M | Reduce -1.9% |
| AMD Advanced Micro Devices | 0.84% | 5,652 | $1.1M | No change |
| TIP iShares Tips Bond ETF | 0.82% | 10,218 | $1.1M | Add +4.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.82% | 4,300 | $1.1M | No change |
| TMO Thermo Fisher Scientific Inc. | 0.75% | 2,077 | $1.0M | Add +6.4% |
| VXF Vanguard Extended Market ETF | 0.74% | 4,917 | $1.0M | Add +12.4% |
| META Meta Platforms Inc. Class A | 0.74% | 1,763 | $1.0M | Add +2.0% |
| PFF iShares Preferred & Income S | 0.72% | 32,382 | $982K | Reduce -11.0% |
| USFR Wisdomtree Floating Rate Tre | 0.67% | 18,165 | $914K | Reduce -10.1% |
| GLDM SPDR Gold Minishares Trust | 0.65% | 9,657 | $895K | Reduce -20.1% |
| FENY Fidelity MSCI Energy Index | 0.65% | 26,199 | $891K | Reduce -0.2% |
| CVX Chevron Corp. | 0.65% | 4,292 | $888K | Add +4.3% |
| ISRG Intuitive Surgical Inc. | 0.65% | 1,926 | $888K | No change |
| SPDG SS SPDR P S&P Sec N D ETF | 0.64% | 21,122 | $880K | Add +16.0% |
| IEMG iShares Core MSCI Emerging | 0.64% | 12,608 | $879K | Add +17.9% |
| ARM Arm Holdings PLC-ADR | 0.64% | 5,775 | $874K | Add +23.3% |
| BLV Vanguard Long-Term Bond ETF | 0.61% | 12,178 | $838K | Reduce -7.2% |
| MCD McDonald's Corp. | 0.61% | 2,687 | $835K | No change |
| MCK McKesson Corp. | 0.61% | 960 | $831K | No change |
| SYK Stryker Corp. | 0.59% | 2,446 | $804K | Add +7.2% |
| HD Home Depot Inc. | 0.59% | 2,440 | $802K | Add +5.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.58% | 2,493 | $800K | Reduce -7.6% |
| HON Honeywell International Inc. | 0.57% | 3,443 | $778K | No change |
| BSX Boston Scientific Corp. | 0.57% | 12,358 | $775K | Reduce -1.2% |
| PSX Phillips 66 | 0.56% | 4,235 | $772K | New |
| GS Goldman Sachs Group Inc. | 0.56% | 905 | $766K | No change |
| XMHQ Invesco S&P Midcap Qual ETF | 0.54% | 7,088 | $733K | Add +1.7% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.53% | 12,508 | $728K | Reduce -1.1% |
| XLE SS Energy Select Sector | 0.52% | 11,654 | $714K | Reduce -0.8% |
| CGMU Cap Group Municipal Income | 0.51% | 25,925 | $704K | No change |
| FERG Ferguson Enterprises Inc. | 0.51% | 3,017 | $704K | Reduce -1.1% |
| NFLX Netflix Inc. | 0.51% | 7,244 | $697K | Add +44.7% |
| XLB SS Materials Select Sector | 0.50% | 13,718 | $685K | Add +31.8% |
| ICSH iShares Ultra Short Duration | 0.49% | 13,246 | $671K | Reduce -7.3% |
| GEV GE Vernova Inc. | 0.49% | 766 | $669K | Reduce -16.7% |
| DE Deere & Co. | 0.49% | 1,186 | $668K | Reduce -8.7% |
| MRK Merck & Co. Inc. | 0.49% | 5,522 | $664K | No change |
| AVDE Avantis International Equity | 0.48% | 7,738 | $656K | Add +3.4% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.47% | 2,482 | $639K | Add +10.0% |
| JIRE JPMorgan Int Res Enh Eqty | 0.45% | 8,146 | $617K | Add +3.8% |
| XOM Exxon Mobil Corp. | 0.44% | 3,523 | $598K | No change |
| ADI Analog Devices Inc. | 0.43% | 1,850 | $589K | No change |
| PANW Palo Alto Networks Inc. | 0.42% | 3,542 | $568K | Add +20.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.41% | 12,124 | $556K | Add +9.0% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.41% | 11,496 | $555K | Add +3.9% |
| SPGI S&P Global Inc. | 0.40% | 1,299 | $553K | No change |
| CRM Salesforce Inc. | 0.38% | 2,800 | $523K | Reduce -38.0% |
| VGT Vanguard Info Tech ETF | 0.38% | 738 | $515K | Reduce -14.6% |
| PGR Progressive Corp. | 0.37% | 2,586 | $513K | Add +121.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.36% | 1,459 | $493K | Reduce -49.4% |
| GOOG Alphabet Inc. Class C | 0.36% | 1,718 | $493K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.36% | 9,043 | $489K | Add +5.1% |
| HELO JPMorgan Hedged Equity ETF | 0.36% | 7,617 | $487K | Reduce -0.2% |
| MLM Martin Marietta Materials | 0.35% | 804 | $473K | Reduce -27.8% |
| TYL Tyler Technologies Inc. | 0.34% | 1,349 | $462K | New |
| APD Air Products & Chemicals Inc. | 0.33% | 1,572 | $457K | New |
| ATI Ati Inc. | 0.33% | 3,070 | $447K | Reduce -58.6% |
| BWXT BWX Technologies Inc. | 0.32% | 2,138 | $437K | New |
| SRLN SS Blackstone Sr Loan ETF | 0.32% | 10,825 | $435K | Add +14.3% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 0.32% | 5,941 | $431K | Reduce -1.7% |
| ELV Elevance Health Inc. | 0.31% | 1,461 | $428K | No change |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.31% | 2,298 | $423K | Reduce -5.8% |
| ETN Eaton Corp. PLC | 0.31% | 1,182 | $423K | Add +4.4% |
| INTU Intuit Inc. | 0.31% | 974 | $421K | Add +13.8% |
| MS Morgan Stanley | 0.31% | 2,543 | $419K | No change |
| ABBV Abbvie Inc. | 0.31% | 1,923 | $418K | No change |
| AVGO Broadcom Inc. | 0.30% | 1,305 | $404K | Add +24.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.29% | 1,661 | $403K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $293K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 254 | $293K | Add +10.9% |
Total filed on the 13F, all lines: $137.0M.
Portfolio Sells Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Reduce -3.5% | 4.53% | −1.27 |
| TLN Talen Energy Corp. | Reduce -67.5% | 0.25% | −0.61 |
| CRM Salesforce Inc. | Reduce -38.0% | 0.38% | −0.45 |
| SCHW Schwab (charles) Corp. | Sold out | 0.00% | −0.44 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −0.41 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Sold out | 0.00% | −0.35 |
| EXPE Expedia Group Inc. | Sold out | 0.00% | −0.35 |
| CSGP Costar Group Inc. | Sold out | 0.00% | −0.34 |
| AMZN Amazon.com Inc. | Reduce -8.6% | 2.23% | −0.33 |
| ATI Ati Inc. | Reduce -58.6% | 0.33% | −0.26 |
| BSX Boston Scientific Corp. | Reduce -1.2% | 0.57% | −0.26 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -49.4% | 0.36% | −0.25 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −0.23 |
| ADBE Adobe Inc. | Reduce -31.3% | 0.22% | −0.22 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.21 |
| LLY Eli Lilly & Co. | Reduce -8.6% | 0.95% | −0.20 |
| COF Capital One Financial Corp. | Sold out | 0.00% | −0.18 |
| XLC SS Comm Select Sector SPDR | Reduce -10.9% | 1.35% | −0.17 |
| ELF Elf Beauty Inc. | Sold out | 0.00% | −0.17 |
| AAPL Apple Inc. | Reduce -1.4% | 5.03% | −0.14 |
| IWF iShares Russell 1000 Growth | Sold out | 0.00% | −0.14 |
| MLM Martin Marietta Materials | Reduce -27.8% | 0.35% | −0.13 |
| VOX Vanguard Communication Servi | Reduce -4.6% | 1.83% | −0.12 |
| XLK SS Technology Select Sector | Reduce -0.4% | 4.13% | −0.12 |
| NVDA Nvidia Corp. | Reduce -2.8% | 2.74% | −0.11 |
| GOOGL Alphabet Inc. Class A | Reduce -0.5% | 2.84% | −0.10 |
| VGT Vanguard Info Tech ETF | Reduce -14.6% | 0.38% | −0.07 |
| VOO Vanguard S&P 500 ETF | Reduce -3.3% | 2.42% | −0.06 |
| PFF iShares Preferred & Income S | Reduce -11.0% | 0.72% | −0.06 |
| GLDM SPDR Gold Minishares Trust | Reduce -20.1% | 0.65% | −0.06 |
| BMRC Bank of Marin Bancorp | Reduce -6.7% | 1.82% | −0.05 |
| JPM JPMorgan Chase & Co. | Reduce -1.9% | 0.86% | −0.05 |
| ZTS Zoetis Inc. | Reduce -13.7% | 0.27% | −0.05 |
| VNQ Vanguard Real Estate ETF | Reduce -21.1% | 0.21% | −0.04 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -7.6% | 0.58% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.6% | 1.32% | −0.04 |
| USFR Wisdomtree Floating Rate Tre | Reduce -10.1% | 0.67% | −0.03 |
| ANET Arista Networks Inc. | Reduce -1.0% | 1.00% | −0.02 |
| BLV Vanguard Long-Term Bond ETF | Reduce -7.2% | 0.61% | −0.02 |
| TT Trane Technologies PLC | Reduce -17.6% | 0.19% | −0.01 |
| ICSH iShares Ultra Short Duration | Reduce -7.3% | 0.49% | −0.01 |
| THC Tenet Healthcare Corp. | Reduce -1.9% | 0.18% | −0.00 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -1.1% | 0.53% | +0.00 |
| HELO JPMorgan Hedged Equity ETF | Reduce -0.2% | 0.36% | +0.01 |
| SPHQ Invesco S&P 500 Quality ETF | Reduce -2.2% | 0.27% | +0.01 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -5.8% | 0.31% | +0.01 |
| IFF Intl Flavors & Fragrances | Reduce -1.7% | 0.32% | +0.03 |
| GOVT iShares US Treasury Bond ETF | Reduce -1.3% | 1.06% | +0.04 |
| FERG Ferguson Enterprises Inc. | Reduce -1.1% | 0.51% | +0.04 |
| DE Deere & Co. | Reduce -8.7% | 0.49% | +0.07 |
Portfolio Buys Q4 2025 → Q1 2026
| PSX Phillips 66 | New | 0.56% | +0.56 |
| TYL Tyler Technologies Inc. | New | 0.34% | +0.34 |
| APD Air Products & Chemicals Inc. | New | 0.33% | +0.33 |
| BWXT BWX Technologies Inc. | New | 0.32% | +0.32 |
| ARM Arm Holdings PLC-ADR | Add +23.3% | 0.64% | +0.28 |
| WCC Wesco International Inc. | New | 0.26% | +0.26 |
| LDRH Ish Ibonds 1-5Y HY & Inc. Lad | New | 0.24% | +0.24 |
| SMERY Siemens Energy AG Spon ADR | New | 0.23% | +0.23 |
| MKL Markel Group Inc. | New | 0.22% | +0.22 |
| CVX Chevron Corp. | Add +4.3% | 0.65% | +0.22 |
| PFE Pfizer Inc. | New | 0.21% | +0.21 |
| TPL Texas Pacific Land Corp. | New | 0.21% | +0.21 |
| XLI SS Industrial Select Sector | Add +6.3% | 1.42% | +0.21 |
| VG Venture Global Inc. Class A | New | 0.20% | +0.20 |
| PGR Progressive Corp. | Add +121.4% | 0.37% | +0.19 |
| NFLX Netflix Inc. | Add +44.7% | 0.51% | +0.18 |
| ELE Elemental Royalty Corp. | New | 0.18% | +0.18 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +15.4% | 1.26% | +0.18 |
| XLB SS Materials Select Sector | Add +31.8% | 0.50% | +0.17 |
| JNJ Johnson & Johnson | New | 0.17% | +0.17 |
| VRT Vertiv Holdings Co. Class A | New | 0.17% | +0.17 |
| IVV iShares Core S&P 500 ETF | Add +13.1% | 1.22% | +0.15 |
| IEMG iShares Core MSCI Emerging | Add +17.9% | 0.64% | +0.15 |
| SCHO Schwab Short-Term US Treas | Add +4.3% | 1.50% | +0.13 |
| SPDG SS SPDR P S&P Sec N D ETF | Add +16.0% | 0.64% | +0.13 |
| VXF Vanguard Extended Market ETF | Add +12.4% | 0.74% | +0.11 |
| VEA Vanguard Ftse Developed ETF | Add +3.3% | 0.95% | +0.10 |
| RWT Redwood Trust Inc. | Add +201.9% | 0.13% | +0.09 |
| TIP iShares Tips Bond ETF | Add +4.9% | 0.82% | +0.08 |
| SNWGF Snowline Gold Corp. | New | 0.08% | +0.08 |
| BNDX Vanguard Total Intl Bond ETF | Add +4.0% | 0.92% | +0.08 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +9.0% | 0.41% | +0.08 |
| EFA iShares MSCI Eafe ETF | Add +2.0% | 0.88% | +0.07 |
| ETN Eaton Corp. PLC | Add +4.4% | 0.31% | +0.06 |
| AVDE Avantis International Equity | Add +3.4% | 0.48% | +0.05 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +3.9% | 0.41% | +0.05 |
| SRLN SS Blackstone Sr Loan ETF | Add +14.3% | 0.32% | +0.05 |
| VIS Vanguard Industrials ETF | Add +14.7% | 0.22% | +0.05 |
| JIRE JPMorgan Int Res Enh Eqty | Add +3.8% | 0.45% | +0.04 |
| XLV SS Health Care Select Sector | Add +2.0% | 2.13% | +0.04 |
| AVGO Broadcom Inc. | Add +24.3% | 0.30% | +0.04 |
| XMHQ Invesco S&P Midcap Qual ETF | Add +1.7% | 0.54% | +0.04 |
| PANW Palo Alto Networks Inc. | Add +20.5% | 0.42% | +0.04 |
| VCR Vanguard Consumer Discre ETF | Add +19.8% | 0.28% | +0.04 |
| VWO Vanguard Ftse Emerging Marke | Add +5.1% | 0.36% | +0.04 |
| HD Home Depot Inc. | Add +5.6% | 0.59% | +0.04 |
| SYK Stryker Corp. | Add +7.2% | 0.59% | +0.03 |
| AVUV Avantis US Small Cap Value | Add +4.2% | 0.20% | +0.03 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +10.0% | 0.47% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.1% | 2.05% | +0.03 |
Notes & Other Activity Q4 2025 → Q1 2026
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +10.9% | 254 | $293K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 132 | $143.2M | XLK, MSFT, GOOGL, AAPL, NVDA |
| Q1 2026 | 134 | $136.8M | AAPL, MSFT, XLK, GOOGL, NVDA |
| Q4 2025 | 129 | $144.6M | MSFT, AAPL, XLK, GOOGL, NVDA |
| Q3 2025 | 129 | $141.5M | MSFT, AAPL, XLK, NVDA, AMZN |
| Q2 2025 | 125 | $132.3M | MSFT, AAPL, XLK, NVDA, AMZN |
| Q1 2025 | 90 | $78.5M | MSFT, AAPL, AMZN, XLV, NVDA |
| Q4 2024 | 124 | $126.1M | MSFT, AAPL, XLK, AMZN, NVDA |
| Q3 2024 | 124 | $123.9M | MSFT, AAPL, XLK, VOO, XLV |
| Q2 2024 | 119 | $116.0M | MSFT, AAPL, XLK, XLV, NVDA |
| Q1 2024 | 114 | $113.6M | MSFT, AAPL, XLK, VOO, XLV |