Bank of Marin

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), Bank of Marin reported 132 stock positions worth $143.2 million. Its top holding was SS Technology Select Sector (XLK) at 5.5% of the portfolio, followed by Microsoft (MSFT, 4.2%) and Alphabet Class A (GOOGL, 3.2%). Compared with Q1 2026, it opened 7 new positions, sold out of 10, added to 28 and reduced 68. The biggest buy was Nvidia (NVDA, shares +3%) and the biggest sale Apple (AAPL, shares −41%).

Most Recent 13F
Q2 2026
Location
Novato, CA
CIK
0001801145
Portfolio Value
$143.2M (Q2 2026)
SEC Filing
0001628280-26-056805 ↗ filed Aug 13, 2026

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $113.6M Q1 2024 Q2 2024: $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 $143.2M Q2 2026

Holdings 132 stocks · $143.2M
XLK SS Technology Select Sector 5.48% 41,140 $7.8M Reduce -3.3%
MSFT Microsoft Corp. 4.22% 16,181 $6.0M Reduce -3.3%
GOOGL Alphabet Inc. Class A 3.23% 12,940 $4.6M Reduce -4.2%
AAPL Apple Inc. 3.22% 15,913 $4.6M Reduce -41.2%
NVDA Nvidia Corp. 3.08% 22,006 $4.4M Add +2.5%
VOO Vanguard S&P 500 ETF 2.70% 5,624 $3.9M Add +1.7%
VO Vngrd Mrngstr MD-Cap ETF-Usd 2.61% 46,380 $3.7M No change
AMZN Amazon.com Inc. 2.29% 13,753 $3.3M Reduce -6.1%
XLV SS Health Care Select Sector 2.20% 19,872 $3.2M No change
XLY SS Consumer Disc Select Sect 2.20% 26,872 $3.2M Reduce -3.9%
AMD Advanced Micro Devices 2.14% 5,266 $3.1M Reduce -6.8%
QQQ Invesco QQQ Trust Series 1 2.04% 3,958 $2.9M Reduce -18.5%
BMRC Bank of Marin Bancorp 1.88% 97,046 $2.7M No change
VOX Vanguard Communication Servi 1.79% 13,934 $2.6M No change
COST Costco Wholesale Corp. 1.74% 2,670 $2.5M Reduce -6.3%
XLI SS Industrial Select Sector 1.56% 12,095 $2.2M Add +0.9%
BRK.B Berkshire Hathaway Inc. Class B 1.52% 4,342 $2.2M Add +21.1%
SCHO Schwab Short-Term US Treas 1.51% 89,433 $2.2M Add +5.8%
SPY SS SPDR S&P 500 ETF Trust-US 1.45% 2,779 $2.1M No change
IVV iShares Core S&P 500 ETF 1.33% 2,537 $1.9M Reduce -1.0%
XLF SS Financial Select Sector 1.23% 32,812 $1.8M No change
VFH Vanguard Financials ETF 1.22% 13,249 $1.7M No change
ANET Arista Networks Inc. 1.20% 10,121 $1.7M Reduce -9.1%
XLC SS Comm Select Sector SPDR 1.19% 15,867 $1.7M Reduce -4.5%
DHR Danaher Corp. 1.18% 8,866 $1.7M Add +20.5%
V Visa Inc. Class A 1.11% 4,634 $1.6M Add +0.3%
LLY Eli Lilly & Co. 1.08% 1,292 $1.5M Reduce -8.9%
XLP SS Consumer Staples Sel Sect 1.05% 18,116 $1.5M Reduce -0.6%
ARM Arm Holdings PLC-ADR 1.04% 4,205 $1.5M Reduce -27.2%
BNDX Vanguard Total Intl Bond ETF 0.93% 27,424 $1.3M Add +4.9%
BAC Bank of America Corp. 0.92% 23,063 $1.3M Reduce -5.0%
VB Vanguard Most SM-Cap ETF-Usd 0.91% 4,300 $1.3M No change
JPM JPMorgan Chase & Co. 0.90% 3,936 $1.3M Reduce -2.1%
EFA iShares MSCI Eafe ETF 0.89% 12,262 $1.3M Reduce -0.8%
PANW Palo Alto Networks Inc. 0.84% 3,538 $1.2M Reduce -0.1%
VXF Vanguard Extended Market ETF 0.84% 4,868 $1.2M Reduce -1.0%
TIP iShares Tips Bond ETF 0.82% 10,792 $1.2M Add +5.6%
TMO Thermo Fisher Scientific Inc. 0.82% 2,350 $1.2M Add +13.1%
GOVT iShares US Treasury Bond ETF 0.73% 45,891 $1.0M Reduce -27.3%
PFF iShares Preferred & Income S 0.71% 33,556 $1.0M Add +3.6%
VEA Vanguard Ftse Developed ETF 0.71% 14,254 $1.0M Reduce -29.7%
SPDG SS SPDR P S&P Sec N D ETF 0.70% 21,608 $1.0M Add +2.3%
GS Goldman Sachs Group Inc. 0.64% 905 $915K No change
VTI VG Morningstar TS MKT ETF-US 0.62% 2,389 $884K Reduce -4.2%
BLV Vanguard Long-Term Bond ETF 0.62% 12,800 $882K Add +5.1%
META Meta Platforms Inc. Class A 0.59% 1,491 $840K Reduce -15.4%
HD Home Depot Inc. 0.58% 2,357 $831K Reduce -3.4%
GEV GE Vernova Inc. 0.54% 661 $777K Reduce -13.7%
SYK Stryker Corp. 0.54% 2,446 $770K No change
ISRG Intuitive Surgical Inc. 0.53% 1,906 $758K Reduce -1.0%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.53% 2,473 $757K Reduce -0.4%
ICSH iShares Ultra Short Duration 0.52% 14,730 $745K Add +11.2%
FENY Fidelity MSCI Energy Index 0.51% 24,898 $736K Reduce -5.0%
ADI Analog Devices Inc. 0.51% 1,850 $735K No change
MCK McKesson Corp. 0.51% 960 $725K No change
XLB SS Materials Select Sector 0.50% 14,093 $716K Add +2.7%
DE Deere & Co. 0.50% 1,127 $715K Reduce -5.0%
CGMU Cap Group Municipal Income 0.50% 25,925 $712K No change
MRK Merck & Co. Inc. 0.50% 5,522 $710K No change
VGT Vanguard Info Tech ETF 0.49% 5,904 $706K No change
PSX Phillips 66 0.49% 4,141 $700K Reduce -2.2%
IEMG iShares Core MSCI Emerging 0.48% 8,364 $693K Reduce -33.7%
MCD McDonald's Corp. 0.47% 2,513 $679K Reduce -6.5%
FERG Ferguson Enterprises Inc. 0.47% 2,844 $675K Reduce -5.7%
CVX Chevron Corp. 0.46% 4,005 $664K Reduce -6.7%
SPSM SS SPDR P S&P 600 Small Cap 0.45% 11,213 $647K Reduce -2.5%
DYNF Ishrs US E F R A ETF-Usd Inc. 0.45% 9,503 $646K Reduce -24.0%
TSM Taiwan Semiconductor-SP ADR 0.44% 1,329 $635K Reduce -8.9%
XLE SS Energy Select Sector 0.43% 11,654 $619K No change
ATI Ati Inc. 0.41% 2,950 $581K Reduce -3.9%
USFR Wisdomtree Floating Rate Tre 0.41% 11,516 $580K Reduce -36.6%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.38% 12,124 $550K No change
TYL Tyler Technologies Inc. 0.38% 1,854 $542K Add +37.4%
ELV Elevance Health Inc. 0.37% 1,379 $533K Reduce -5.6%
BSX Boston Scientific Corp. 0.37% 12,435 $531K Add +0.6%
SPGI S&P Global Inc. 0.37% 1,299 $529K No change
VWO Vanguard Ftse Emerging Marke 0.37% 8,845 $528K Reduce -2.2%
ABBV Abbvie Inc. 0.35% 1,974 $497K Add +2.6%
QCOM Qualcomm Inc. 0.35% 2,675 $494K Add +11.5%
XMHQ Invesco S&P Midcap Qual ETF 0.35% 4,377 $494K Reduce -38.3%
SRLN SS Blackstone Sr Loan ETF 0.34% 12,200 $492K Add +12.7%
AVDE Avantis International Equity 0.34% 5,433 $485K Reduce -29.8%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.34% 2,435 $481K Add +6.0%
XOM Exxon Mobil Corp. 0.33% 3,500 $479K Reduce -0.7%
JIRE JPMorgan Int Res Enh Eqty 0.33% 5,722 $472K Reduce -29.8%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.32% 5,868 $465K Reduce -1.2%
MS Morgan Stanley 0.32% 2,223 $465K Reduce -12.6%
SMERY Siemens Energy AG Spon ADR 0.31% 11,885 $451K Add +531.8%
ETN Eaton Corp. PLC 0.31% 1,057 $450K Reduce -10.6%
MLM Martin Marietta Materials 0.31% 771 $445K Reduce -4.1%
PGR Progressive Corp. 0.31% 2,014 $440K Reduce -22.1%
IUSV iShares Core S&P U.S. Value 0.30% 3,922 $432K No change
WCC Wesco International Inc. 0.30% 1,239 $428K Reduce -4.3%
VCR Vanguard Consumer Discre ETF 0.30% 1,077 $427K No change
CRM Salesforce Inc. 0.29% 2,653 $416K Reduce -5.3%
HON Honeywell International Inc. 0.28% 1,817 $407K Add +5.5%
HONA Honeywell Aerospace Inc. 0.28% 1,817 $402K Add +5.5%
TLN Talen Energy Corp. 0.28% 1,035 $398K Reduce -4.7%
THC Tenet Healthcare Corp. 0.28% 2,120 $397K Add +64.8%
NFLX Netflix Inc. 0.27% 5,485 $392K Reduce -24.3%
GOOG Alphabet Inc. Class C 0.27% 1,098 $388K Reduce -36.1%
LDRH Ish Ibonds 1-5Y HY & Inc. Lad 0.27% 15,519 $383K Add +14.8%
MAR Marriott International Class A 0.26% 1,023 $379K No change
ELE Elemental Royalty Corp. 0.26% 21,232 $371K Add +60.6%
CROX Crocs Inc. 0.26% 3,064 $370K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.26% 1,311 $369K Reduce -21.1%
ITW Illinois Tool Works 0.25% 1,311 $355K Reduce -12.5%
GLDM SPDR Gold Minishares Trust 0.25% 4,448 $353K Reduce -53.9%
AVGO Broadcom Inc. 0.24% 912 $345K Reduce -30.1%
VIS Vanguard Industrials ETF 0.24% 955 $344K No change
MU Micron Technology Inc. 0.24% 296 $342K New
CF CF Industries Holdings Inc. 0.24% 3,127 $339K New
ALC Alcon Inc. filed as ALCON AG 0.24% 5,017 $337K New
SPHQ Invesco S&P 500 Quality ETF 0.23% 3,611 $325K Reduce -25.3%
LPLA LPL Financial Holdings Inc. 0.22% 1,124 $317K New
VNQ Vanguard Real Estate ETF 0.22% 3,234 $312K No change
BWXT BWX Technologies Inc. 0.22% 1,598 $311K Reduce -25.3%
FCX Freeport-McMoran Inc. 0.21% 4,750 $299K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.21% 3,070 $295K Add +17.6%
QXO Qxo Inc. 0.20% 16,215 $280K New
TT Trane Technologies PLC 0.18% 539 $265K Reduce -14.7%
NEE Nextera Energy Inc. 0.18% 2,914 $256K Reduce -9.8%
PFE Pfizer Inc. 0.17% 10,150 $244K No change
JNJ Johnson & Johnson 0.17% 961 $244K No change
ECL Ecolab Inc. 0.17% 874 $244K No change
TPL Texas Pacific Land Corp. 0.17% 552 $242K Reduce -7.7%
HELO JPMorgan Hedged Equity ETF 0.16% 3,400 $230K Reduce -55.4%
ADBE Adobe Inc. 0.16% 1,117 $229K Reduce -11.1%
ACN Accenture PLC Class A 0.15% 1,755 $218K No change
ZTS Zoetis Inc. 0.15% 2,940 $211K Reduce -6.9%
IYT iShares US Transportation Et 0.14% 2,312 $201K New
RWT Redwood Trust Inc. 0.10% 31,402 $149K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $270K (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 233$270KReduce -8.3%

Total filed on the 13F, all lines: $143.4M.

Portfolio Sells Q1 2026 → Q2 2026
AAPL Apple Inc. Reduce -41.2% 3.22% −1.81
GLDM SPDR Gold Minishares Trust Reduce -53.9% 0.25% −0.41
APD Air Products & Chemicals Inc. Sold out 0.00% −0.33
COST Costco Wholesale Corp. Reduce -6.3% 1.74% −0.33
GOVT iShares US Treasury Bond ETF Reduce -27.3% 0.73% −0.33
MSFT Microsoft Corp. Reduce -3.3% 4.22% −0.31
INTU Intuit Inc. Sold out 0.00% −0.31
USFR Wisdomtree Floating Rate Tre Reduce -36.6% 0.41% −0.26
VEA Vanguard Ftse Developed ETF Reduce -29.7% 0.71% −0.24
NFLX Netflix Inc. Reduce -24.3% 0.27% −0.24
MKL Markel Group Inc. Sold out 0.00% −0.22
WMT Walmart Inc. Sold out 0.00% −0.21
VG Venture Global Inc. Class A Sold out 0.00% −0.20
AVUV Avantis US Small Cap Value Sold out 0.00% −0.20
HELO JPMorgan Hedged Equity ETF Reduce -55.4% 0.16% −0.20
XMHQ Invesco S&P Midcap Qual ETF Reduce -38.3% 0.35% −0.19
CVX Chevron Corp. Reduce -6.7% 0.46% −0.19
RTX RTX Corp. Sold out 0.00% −0.17
VRT Vertiv Holdings Co. Class A Sold out 0.00% −0.17
IEMG iShares Core MSCI Emerging Reduce -33.7% 0.48% −0.16
XLC SS Comm Select Sector SPDR Reduce -4.5% 1.19% −0.16
ABT Abbott Laboratories Sold out 0.00% −0.16
META Meta Platforms Inc. Class A Reduce -15.4% 0.59% −0.15
AVDE Avantis International Equity Reduce -29.8% 0.34% −0.14
FENY Fidelity MSCI Energy Index Reduce -5.0% 0.51% −0.14
MCD McDonald's Corp. Reduce -6.5% 0.47% −0.14
ZTS Zoetis Inc. Reduce -6.9% 0.15% −0.13
JIRE JPMorgan Int Res Enh Eqty Reduce -29.8% 0.33% −0.12
ISRG Intuitive Surgical Inc. Reduce -1.0% 0.53% −0.12
XOM Exxon Mobil Corp. Reduce -0.7% 0.33% −0.10
BWXT BWX Technologies Inc. Reduce -25.3% 0.22% −0.10
CRM Salesforce Inc. Reduce -5.3% 0.29% −0.09
GOOG Alphabet Inc. Class C Reduce -36.1% 0.27% −0.09
SNWGF Snowline Gold Corp. Sold out 0.00% −0.08
DYNF Ishrs US E F R A ETF-Usd Inc. Reduce -24.0% 0.45% −0.08
PSX Phillips 66 Reduce -2.2% 0.49% −0.08
PGR Progressive Corp. Reduce -22.1% 0.31% −0.07
ADBE Adobe Inc. Reduce -11.1% 0.16% −0.06
AVGO Broadcom Inc. Reduce -30.1% 0.24% −0.05
FERG Ferguson Enterprises Inc. Reduce -5.7% 0.47% −0.04
XLP SS Consumer Staples Sel Sect Reduce -0.6% 1.05% −0.04
NEE Nextera Energy Inc. Reduce -9.8% 0.18% −0.04
TPL Texas Pacific Land Corp. Reduce -7.7% 0.17% −0.04
SPHQ Invesco S&P 500 Quality ETF Reduce -25.3% 0.23% −0.04
ITW Illinois Tool Works Reduce -12.5% 0.25% −0.04
IBM Intl Business Machines Corp. Reduce -21.1% 0.26% −0.04
MLM Martin Marietta Materials Reduce -4.1% 0.31% −0.04
XLY SS Consumer Disc Select Sect Reduce -3.9% 2.20% −0.03
QQQ Invesco QQQ Trust Series 1 Reduce -18.5% 2.04% −0.01
TT Trane Technologies PLC Reduce -14.7% 0.18% −0.01

Portfolio Buys Q1 2026 → Q2 2026
NVDA Nvidia Corp. Add +2.5% 3.08% +0.34
VOO Vanguard S&P 500 ETF Add +1.7% 2.70% +0.28
BRK.B Berkshire Hathaway Inc. Class B Add +21.1% 1.52% +0.26
CROX Crocs Inc. New 0.26% +0.26
MU Micron Technology Inc. New 0.24% +0.24
CF CF Industries Holdings Inc. New 0.24% +0.24
ALC Alcon Inc. New 0.24% +0.24
LPLA LPL Financial Holdings Inc. New 0.22% +0.22
QXO Qxo Inc. New 0.20% +0.20
DHR Danaher Corp. Add +20.5% 1.18% +0.16
XLI SS Industrial Select Sector Add +0.9% 1.56% +0.15
IYT iShares US Transportation Et New 0.14% +0.14
QCOM Qualcomm Inc. Add +11.5% 0.35% +0.12
THC Tenet Healthcare Corp. Add +64.8% 0.28% +0.10
SMERY Siemens Energy AG Spon ADR Add +531.8% 0.31% +0.09
V Visa Inc. Class A Add +0.3% 1.11% +0.09
ELE Elemental Royalty Corp. Add +60.6% 0.26% +0.08
TMO Thermo Fisher Scientific Inc. Add +13.1% 0.82% +0.08
SPDG SS SPDR P S&P Sec N D ETF Add +2.3% 0.70% +0.06
ABBV Abbvie Inc. Add +2.6% 0.35% +0.04
TYL Tyler Technologies Inc. Add +37.4% 0.38% +0.04
ICSH iShares Ultra Short Duration Add +11.2% 0.52% +0.03
VOE Vngrd Mrngstr MD-Cap Val ETF Add +6.0% 0.34% +0.03
SRLN SS Blackstone Sr Loan ETF Add +12.7% 0.34% +0.03
LDRH Ish Ibonds 1-5Y HY & Inc. Lad Add +14.8% 0.27% +0.02
DIS The Walt Disney Co. Add +17.6% 0.21% +0.02
BNDX Vanguard Total Intl Bond ETF Add +4.9% 0.93% +0.01
SCHO Schwab Short-Term US Treas Add +5.8% 1.51% +0.01
BLV Vanguard Long-Term Bond ETF Add +5.1% 0.62% +0.00
HONA Honeywell Aerospace Inc. Add +5.5% 0.28% +0.00
TIP iShares Tips Bond ETF Add +5.6% 0.82% +0.00
XLB SS Materials Select Sector Add +2.7% 0.50% −0.00
PFF iShares Preferred & Income S Add +3.6% 0.71% −0.00
BSX Boston Scientific Corp. Add +0.6% 0.37% −0.20
HON Honeywell International Inc. Add +5.5% 0.28% −0.28

Notes & Other Activity Q1 2026 → Q2 2026
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -8.3% 233 $270K

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