Bayban

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 30, 2026), Bayban reported 595 stock positions worth $130.3 million. Its top holding was Unitedhealth (UNH) at 12.4% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 5.1%) and Apple (AAPL, 4.8%). Compared with Q1 2026, it opened 5 new positions, sold out of 83, added to 30 and reduced 75. The biggest buy was Caterpillar (CAT, shares +6%) and the biggest sale Exxon Mobil (XOM, shares −1%).

Most Recent 13F
Q2 2026
Location
Bayport, MN
CIK
0002110649
Portfolio Value
$130.3M (Q2 2026)
SEC Filing
0001140361-26-030232 ↗ filed Jul 30, 2026

Holdings Value

0$50.0M$100.0M$150.0M Q4 2025: $113.1M Q4 2025 Q1 2026: $115.0M Q1 2026 Q2 2026: $130.3M $130.3M Q2 2026

Holdings 595 stocks · $130.3M
UNH Unitedhealth Group Inc. 12.37% 38,800 $16.1M Reduce -3.2%
IVV iShares Core S&P 500 ETF 5.11% 8,902 $6.7M No change
AAPL Apple Inc. 4.78% 21,510 $6.2M Add +7.6%
VTI VG Morningstar TS MKT ETF-US 4.63% 16,326 $6.0M Add +5.6%
USB US Bancorp 3.77% 81,425 $4.9M Add +1.7%
XOM Exxon Mobil Corp. 3.22% 30,705 $4.2M Reduce -1.2%
VEA Vanguard Ftse Developed ETF 2.62% 47,953 $3.4M Reduce -1.2%
WMT Walmart Inc. 2.30% 26,519 $3.0M No change
VICR Vicor Corp. 1.78% 6,100 $2.3M No change
MSFT Microsoft Corp. 1.60% 5,587 $2.1M Reduce -2.2%
JNJ Johnson & Johnson 1.56% 8,021 $2.0M No change
CAT Caterpillar Inc. 1.50% 1,842 $2.0M Add +5.7%
MMM 3M Co. 1.49% 12,030 $1.9M Add +2.8%
QQQ Invesco QQQ Trust Series 1 1.40% 2,472 $1.8M No change
IEFA iShares Core MSCI Eafe ETF 1.30% 17,584 $1.7M No change
IWF iShares Russell 1000 Growth 1.27% 13,320 $1.7M No change
EEM iShares MSCI Emerging Market 1.09% 20,682 $1.4M No change
IWO iShares Russell 2000 Growth 1.07% 3,531 $1.4M No change
TGT Target Corp. 1.07% 10,643 $1.4M No change
XLK SS Technology Select Sector 0.96% 6,574 $1.3M Reduce -0.2%
VIG Vanguard Dividend Apprec ETF 0.95% 5,254 $1.2M No change
XEL Xcel Energy Inc. 0.89% 14,430 $1.2M Add +1.4%
IJH iShares Core S&P Midcap ETF 0.83% 13,955 $1.1M Add +4.7%
VGT Vanguard Info Tech ETF 0.81% 8,840 $1.1M No change
VXUS Vanguard Total Intl Stock 0.80% 12,181 $1.0M No change
NEE Nextera Energy Inc. 0.77% 11,364 $997K Add +3.4%
JPM JPMorgan Chase & Co. 0.74% 2,930 $959K Reduce -3.3%
ABBV Abbvie Inc. 0.72% 3,747 $943K Add +1.4%
VWO Vanguard Ftse Emerging Marke 0.71% 15,458 $923K Reduce -0.2%
WFC Wells Fargo & Co. 0.70% 10,986 $908K Add +0.9%
IWP iShares Russell Mid-Cap Grow 0.69% 6,156 $901K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.65% 1,138 $850K Add +4.3%
KO The Coca-Cola Co. 0.61% 9,796 $796K No change
VYM Vanguard High DVD Yield ETF 0.59% 4,863 $769K No change
EFG iShares MSCI Eafe Growth ETF 0.57% 5,997 $746K No change
XLV SS Health Care Select Sector 0.56% 4,604 $730K Reduce -2.9%
IJR iShares Core S&P Small-Cap E 0.55% 4,832 $717K No change
GOOG Alphabet Inc. Class C 0.55% 2,018 $713K No change
CSCO Cisco Systems Inc. 0.55% 6,058 $712K Reduce -12.7%
GNR State Street SPDR S&P Global 0.54% 10,520 $708K No change
MINN Mairs & Power MN Muni Bond 0.51% 29,718 $666K Reduce -15.8%
BRK.B Berkshire Hathaway Inc. Class B 0.50% 1,304 $653K No change
ADP Automatic Data Processing 0.49% 2,868 $642K No change
VOO Vanguard S&P 500 ETF 0.48% 917 $630K Add +124.2%
PIPR Piper Sandler Cos 0.46% 8,324 $602K No change
BALL Ball Corp. 0.43% 9,040 $564K No change
COST Costco Wholesale Corp. 0.40% 551 $515K Reduce -3.5%
OTTR Otter Tail Corp. 0.37% 5,401 $486K Add +3.9%
EPD Enterprise Products Partners 0.37% 13,100 $482K No change
PEP Pepsico Inc. 0.37% 3,538 $479K Reduce -10.2%
ADM Archer-Daniels-Midland Co. 0.36% 6,128 $468K No change
AMZN Amazon.com Inc. 0.36% 1,943 $463K Reduce -0.2%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.35% 2,000 $459K No change
USMV iShares MSCI USA Min Vol Fac 0.34% 4,597 $443K Reduce -4.2%
IWD iShares Russell 1000 Value E 0.33% 1,784 $432K No change
PM Philip Morris International 0.33% 2,352 $426K Reduce -2.1%
PANW Palo Alto Networks Inc. 0.32% 1,226 $418K No change
XLY SS Consumer Disc Select Sect 0.32% 3,524 $413K No change
BNDX Vanguard Total Intl Bond ETF 0.30% 8,128 $394K No change
IEMG iShares Core MSCI Emerging 0.29% 4,593 $380K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.29% 1,351 $380K Add +8.0%
TRV The Travelers Cos Inc. 0.29% 1,146 $378K Reduce -1.5%
HD Home Depot Inc. 0.29% 1,066 $376K No change
AMAT Applied Materials Inc. 0.27% 493 $356K No change
NSC Norfolk Southern Corp. 0.27% 1,103 $347K No change
VNQ Vanguard Real Estate ETF 0.27% 3,582 $345K Reduce -1.6%
ECL Ecolab Inc. 0.26% 1,206 $336K Reduce -1.0%
MCD McDonald's Corp. 0.25% 1,224 $331K No change
IWS iShares Russell Mid-Cap Valu 0.25% 1,966 $324K No change
ABT Abbott Laboratories 0.25% 3,552 $322K Reduce -18.1%
IWR iShares Russell Mid-Cap ETF 0.25% 2,900 $320K No change
TXN Texas Instruments Inc. 0.24% 1,067 $318K No change
XLF SS Financial Select Sector 0.24% 5,851 $314K Reduce -0.6%
ORCL Oracle Corp. 0.24% 2,140 $314K No change
IVW iShares S&P 500 Growth ETF 0.23% 2,206 $303K No change
GE General Electric filed as GE AEROSPACE 0.23% 807 $302K Add +2.1%
CVX Chevron Corp. 0.23% 1,815 $301K No change
ETN Eaton Corp. PLC 0.23% 702 $299K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.21% 1,150 $279K No change
IWN iShares Russell 2000 Value E 0.21% 1,250 $277K No change
MRK Merck & Co. Inc. 0.21% 2,139 $275K Add +10.3%
SMH Vaneck Semiconductor ETF 0.21% 410 $269K No change
XLI SS Industrial Select Sector 0.20% 1,375 $255K Reduce -0.9%
BTI British American Tob-SP ADR 0.19% 4,062 $251K Reduce -4.1%
GIS General Mills Inc. 0.19% 7,078 $246K No change
V Visa Inc. Class A 0.19% 715 $245K Reduce -2.2%
SBUX Starbucks Corp. 0.19% 2,375 $243K No change
C Citigroup Inc. 0.18% 1,691 $237K Add +2.4%
SPYV SS SPDR P S&P 500 Value ETF 0.18% 3,868 $235K Reduce -1.3%
PG The Procter & Gamble Co. 0.18% 1,588 $233K Reduce -38.6%
WMB Williams Cos Inc. 0.18% 3,115 $232K No change
AMGN Amgen Inc. 0.17% 630 $228K No change
MCK McKesson Corp. 0.17% 299 $226K No change
BBAX JPMorgan Betabuilders Develo 0.17% 3,722 $223K No change
NOC Northrop Grumman Corp. 0.17% 436 $222K No change
TFC Truist Financial Corp. 0.17% 4,443 $221K No change
LMT Lockheed Martin Corp. 0.17% 434 $221K Reduce -22.5%
NVDA Nvidia Corp. 0.17% 1,096 $219K Reduce -2.5%
GS Goldman Sachs Group Inc. 0.17% 216 $218K No change
XLE SS Energy Select Sector 0.16% 3,956 $210K No change

Show all 595 holdings

Portfolio Sells Q1 2026 → Q2 2026
XOM Exxon Mobil Corp. Reduce -1.2% 3.22% −1.36
MSFT Microsoft Corp. Reduce -2.2% 1.60% −0.24
MINN Mairs & Power MN Muni Bond Reduce -15.8% 0.51% −0.17
PEP Pepsico Inc. Reduce -10.2% 0.37% −0.16
PG The Procter & Gamble Co. Reduce -38.6% 0.18% −0.15
ABT Abbott Laboratories Reduce -18.1% 0.25% −0.14
BDX Becton Dickinson and Co. Reduce -89.0% 0.01% −0.14
NDMO Nuveen Dynamic Municipal Opp Sold out 0.00% −0.13
LMT Lockheed Martin Corp. Reduce -22.5% 0.17% −0.12
COST Costco Wholesale Corp. Reduce -3.5% 0.40% −0.10
MA Mastercard Inc. Class A Reduce -28.3% 0.15% −0.08
VEA Vanguard Ftse Developed ETF Reduce -1.2% 2.62% −0.08
HON Honeywell International Inc. Reduce -28.3% 0.03% −0.06
TMO Thermo Fisher Scientific Inc. Reduce -88.8% 0.01% −0.06
UNP Union Pacific Corp. Reduce -35.4% 0.09% −0.05
PGF Invesco Financial Preferred Sold out 0.00% −0.05
USMV iShares MSCI USA Min Vol Fac Reduce -4.2% 0.34% −0.05
XLV SS Health Care Select Sector Reduce -2.9% 0.56% −0.04
PGX Invesco Preferred ETF Sold out 0.00% −0.04
PFE Pfizer Inc. Reduce -14.7% 0.07% −0.04
JPM JPMorgan Chase & Co. Reduce -3.3% 0.74% −0.04
WAT Waters Corp. Sold out 0.00% −0.04
BSX Boston Scientific Corp. Reduce -6.7% 0.05% −0.04
CCI Crown Castle Inc. Reduce -91.7% 0.00% −0.04
TJX TJX Companies Inc. Reduce -6.8% 0.13% −0.04
DIHP Dimensional International Hi Sold out 0.00% −0.03
SO The Southern Co. Reduce -33.5% 0.04% −0.03
BSV Vanguard Short-Term Bond ETF Reduce -62.6% 0.01% −0.03
NFLX Netflix Inc. Reduce -80.0% 0.00% −0.03
SAFT Safety Insurance Group Inc. Sold out 0.00% −0.03
ECL Ecolab Inc. Reduce -1.0% 0.26% −0.02
ROKU Roku Inc. Sold out 0.00% −0.02
BTI British American Tob-SP ADR Reduce -4.1% 0.19% −0.02
VCSH Vanguard S/T Corp. Bond ETF Sold out 0.00% −0.02
VWO Vanguard Ftse Emerging Marke Reduce -0.2% 0.71% −0.02
PM Philip Morris International Reduce -2.1% 0.33% −0.02
PAYX Paychex Inc. Reduce -46.3% 0.02% −0.02
HONA Honeywell Aerospace Inc. Reduce -28.3% 0.03% −0.02
DSTL Distillate US Fundamental St Sold out 0.00% −0.02
SCHW Schwab (charles) Corp. Reduce -23.2% 0.03% −0.02
VNQ Vanguard Real Estate ETF Reduce -1.6% 0.27% −0.02
LLY Eli Lilly & Co. Reduce -23.4% 0.11% −0.01
LBTYK Liberty Global Ltd. Class C Sold out 0.00% −0.01
LOPE Grand Canyon Education Inc. Reduce -14.1% 0.02% −0.01
SPYV SS SPDR P S&P 500 Value ETF Reduce -1.3% 0.18% −0.01
XLF SS Financial Select Sector Reduce -0.6% 0.24% −0.01
SCHC Schwab Intl Small-Cap Equity Reduce -2.1% 0.08% −0.01
O Realty Income Corp. Reduce -2.8% 0.07% −0.01
TTC Toro Co. Reduce -39.5% 0.01% −0.01
GDX Vaneck Gold Miners ETF Reduce -6.3% 0.02% −0.01

Portfolio Buys Q1 2026 → Q2 2026
CAT Caterpillar Inc. Add +5.7% 1.50% +0.43
AAPL Apple Inc. Add +7.6% 4.78% +0.36
VTI VG Morningstar TS MKT ETF-US Add +5.6% 4.63% +0.32
VOO Vanguard S&P 500 ETF Add +124.2% 0.48% +0.27
USB US Bancorp Add +1.7% 3.77% +0.15
TSLA Tesla Inc. Add +1215.8% 0.08% +0.07
IWM iShares Russell 2000 ETF New 0.05% +0.05
IJH iShares Core S&P Midcap ETF Add +4.7% 0.83% +0.04
RSP Invesco S&P 500 Equal Weight Add +37.5% 0.15% +0.04
GE General Electric Add +2.1% 0.23% +0.04
SPY SS SPDR S&P 500 ETF Trust-US Add +4.3% 0.65% +0.04
COWZ Pacer US Cash Cows 100 ETF New 0.03% +0.03
IBM Intl Business Machines Corp. Add +8.0% 0.29% +0.03
GEV GE Vernova Inc. Add +2.4% 0.16% +0.03
ABBV Abbvie Inc. Add +1.4% 0.72% +0.02
C Citigroup Inc. Add +2.4% 0.18% +0.02
MMM 3M Co. Add +2.8% 1.49% +0.02
PII Polaris Inc. New 0.01% +0.01
BAC Bank of America Corp. Add +26.0% 0.04% +0.01
MRK Merck & Co. Inc. Add +10.3% 0.21% +0.01
AEP American Electric Power Add +16.2% 0.08% +0.00
SYF Synchrony Financial New 0.00% +0.00
F Ford Motor Co. Add +40.0% 0.00% +0.00
OGN Organon & Co. Add +35.1% 0.00% +0.00
VTRS Viatris Inc. New 0.00% +0.00
EXC Exelon Corp. Add +11.6% 0.03% −0.00
DUK Duke Energy Corp. Add +13.5% 0.10% −0.00
PSX Phillips 66 Add +9.5% 0.07% −0.01
ENB Enbridge Inc. Add +2.0% 0.10% −0.01
CEG Constellation Energy Add +7.8% 0.09% −0.02
COP Conocophillips Add +12.9% 0.07% −0.02
OTTR Otter Tail Corp. Add +3.9% 0.37% −0.02
WFC Wells Fargo & Co. Add +0.9% 0.70% −0.06
XEL Xcel Energy Inc. Add +1.4% 0.89% −0.09
NEE Nextera Energy Inc. Add +3.4% 0.77% −0.12

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 595$130.3MUNH, IVV, AAPL, VTI, USB
Q1 2026 671$115.0MUNH, IVV, XOM, AAPL, VTI
Q4 2025 613$113.1MUNH, IVV, VTI, AAPL, USB