BTC Capital Management, Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 19, 2024), BTC Capital Management, Inc. reported 210 stock positions worth $1.1 billion. Its top holding was Vanguard Total Bond Market (BND) at 4.6% of the portfolio, followed by Microsoft (MSFT, 4.4%) and Apple (AAPL, 4.2%). Compared with Q1 2024, it opened 4 new positions, sold out of 19, added to 49 and reduced 129. The biggest buy was Nvidia (NVDA, shares +9%) and the biggest sale CVS Health (CVS, shares −93%).
- Most Recent 13F
- Q2 2026
- Location
- DES MOINES, IA
- CIK
- 0001611848
- Portfolio Value
- $1.1B (Q2 2024)
- SEC Filing
- 0001085146-24-003091 ↗ filed Jul 19, 2024
Holdings Value
Holdings 210 stocks · $1.1B
| BND Vanguard Total Bond Market | 4.64% | 694,335 | $50.0M | Add +7.8% |
| MSFT Microsoft Corp. | 4.44% | 106,966 | $47.8M | Reduce -1.5% |
| AAPL Apple Inc. | 4.18% | 213,985 | $45.1M | Reduce -5.9% |
| NVDA Nvidia Corp. | 3.62% | 315,350 | $39.0M | Add +9.1% |
| IWF iShares Russell 1000 Growth | 3.07% | 90,674 | $33.1M | Reduce -0.2% |
| EFA iShares MSCI Eafe ETF | 2.89% | 396,810 | $31.1M | Reduce -1.9% |
| GOOGL Alphabet Inc. Class A | 2.72% | 161,099 | $29.3M | Reduce -2.6% |
| IWB iShares Russell 1000 ETF | 2.36% | 85,306 | $25.4M | Add +0.5% |
| AMZN Amazon.com Inc. | 2.25% | 125,519 | $24.3M | Add +15.9% |
| AVGO Broadcom Inc. | 2.10% | 14,076 | $22.6M | Reduce -5.2% |
| IWD iShares Russell 1000 Value E | 1.64% | 101,330 | $17.7M | Add +1.1% |
| WMT Walmart Inc. | 1.58% | 251,466 | $17.0M | Reduce -2.0% |
| JPM JPMorgan Chase & Co. | 1.57% | 83,574 | $16.9M | Reduce -18.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.50% | 43,187 | $16.2M | Add +18.9% |
| LRCX Lam Research Corp. | 1.46% | 14,744 | $15.7M | Reduce -1.4% |
| META Meta Platforms Inc. Class A | 1.35% | 28,786 | $14.5M | Add +3.9% |
| IVV iShares Core S&P 500 ETF | 1.33% | 26,094 | $14.3M | Reduce -1.8% |
| XOM Exxon Mobil Corp. | 1.27% | 118,643 | $13.7M | Add +125.8% |
| VWO Vanguard Ftse Emerging Marke | 1.23% | 302,534 | $13.2M | Add +2.6% |
| JNJ Johnson & Johnson | 1.21% | 89,218 | $13.0M | Reduce -2.4% |
| PG The Procter & Gamble Co. | 1.19% | 77,607 | $12.8M | Reduce -10.7% |
| IWM iShares Russell 2000 ETF | 1.18% | 62,631 | $12.7M | Add +1.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.15% | 32,264 | $12.4M | Add +4.3% |
| ABBV Abbvie Inc. | 1.13% | 71,068 | $12.2M | Reduce -0.0% |
| MA Mastercard Inc. Class A | 1.05% | 25,522 | $11.3M | Reduce -0.3% |
| CVX Chevron Corp. | 0.99% | 68,235 | $10.7M | Reduce -2.9% |
| STLD Steel Dynamics Inc. | 0.99% | 82,266 | $10.7M | Reduce -1.2% |
| MS Morgan Stanley | 0.99% | 109,309 | $10.6M | Reduce -5.3% |
| PEP Pepsico Inc. | 0.98% | 64,310 | $10.6M | Reduce -7.7% |
| ADBE Adobe Inc. | 0.98% | 19,003 | $10.6M | Add +2.9% |
| WFC Wells Fargo & Co. | 0.97% | 175,762 | $10.4M | Reduce -1.9% |
| BLK BlackRock Finance Inc. | 0.95% | 13,056 | $10.3M | Reduce -8.8% |
| ORCL Oracle Corp. | 0.90% | 68,717 | $9.7M | Add +934.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.88% | 58,860 | $9.4M | Reduce -0.5% |
| MUB iShares National Muni Bond E | 0.86% | 87,410 | $9.3M | Reduce -25.0% |
| MRK Merck & Co. Inc. | 0.84% | 73,495 | $9.1M | Reduce -1.2% |
| INTU Intuit Inc. | 0.84% | 13,802 | $9.1M | Reduce -0.8% |
| FAST Fastenal Co. | 0.84% | 144,132 | $9.1M | Add +1.2% |
| NSC Norfolk Southern Corp. | 0.80% | 39,984 | $8.6M | Reduce -4.3% |
| DE Deere & Co. | 0.79% | 22,856 | $8.5M | Reduce -1.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.78% | 76,166 | $8.4M | Reduce -6.5% |
| FISV Fiserv Inc. | 0.77% | 55,884 | $8.3M | Reduce -2.8% |
| NEE Nextera Energy Inc. | 0.76% | 115,552 | $8.2M | Reduce -12.4% |
| UNH Unitedhealth Group Inc. | 0.75% | 15,788 | $8.0M | Reduce -0.2% |
| PLD Prologis Inc. | 0.74% | 71,152 | $8.0M | Add +2.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.74% | 14,627 | $8.0M | No change |
| ORLY O'reilly Automotive Inc. | 0.73% | 7,475 | $7.9M | Reduce -1.8% |
| FDX FedEx Corp. | 0.72% | 25,873 | $7.8M | Reduce -1.1% |
| TMO Thermo Fisher Scientific Inc. | 0.68% | 13,340 | $7.4M | Reduce -1.7% |
| MAR Marriott International Class A | 0.67% | 30,010 | $7.3M | Add +0.7% |
| ICE Intercontinental Exchange Inc. | 0.66% | 51,970 | $7.1M | Reduce -2.7% |
| LHX L3HARRIS Technologies Inc. | 0.65% | 31,148 | $7.0M | Reduce -1.1% |
| LOW Lowe's Cos Inc. | 0.64% | 31,389 | $6.9M | Add +1.9% |
| LLY Eli Lilly & Co. | 0.63% | 7,554 | $6.8M | Add +310.3% |
| DHR Danaher Corp. | 0.61% | 26,471 | $6.6M | Reduce -2.4% |
| PHM Pultegroup Inc. | 0.60% | 58,753 | $6.5M | Reduce -1.5% |
| TMUS T-Mobile US Inc. | 0.58% | 35,397 | $6.2M | Add +0.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.57% | 12,850 | $6.2M | Add +0.4% |
| GM General Motors Co. | 0.55% | 127,937 | $5.9M | Reduce -2.5% |
| XEL Xcel Energy Inc. | 0.54% | 109,061 | $5.8M | Add +0.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.53% | 57,613 | $5.7M | Add +0.6% |
| OTIS Otis Worldwide Corp. | 0.52% | 57,777 | $5.6M | Reduce -1.7% |
| RF Regions Financial Corp. | 0.51% | 276,529 | $5.5M | Reduce -0.4% |
| MPC Marathon Petroleum Corp. | 0.51% | 31,935 | $5.5M | Reduce -4.5% |
| IWV iShares Russell 3000 ETF | 0.50% | 17,567 | $5.4M | No change |
| ALL Allstate Corp. | 0.50% | 33,911 | $5.4M | Reduce -1.9% |
| SPGI S&P Global Inc. | 0.49% | 11,857 | $5.3M | Reduce -0.8% |
| GILD Gilead Sciences Inc. | 0.48% | 75,519 | $5.2M | Reduce -1.5% |
| VRTX Vertex Pharmaceuticals Inc. | 0.45% | 10,320 | $4.8M | New |
| IVW iShares S&P 500 Growth ETF | 0.44% | 50,658 | $4.7M | No change |
| AMP Ameriprise Financial Inc. | 0.43% | 10,891 | $4.7M | Reduce -17.4% |
| VLO Valero Energy Corp. | 0.42% | 29,015 | $4.5M | Reduce -24.0% |
| HD Home Depot Inc. | 0.41% | 12,745 | $4.4M | Reduce -11.9% |
| CSCO Cisco Systems Inc. | 0.40% | 91,371 | $4.3M | Reduce -56.0% |
| VOO Vanguard S&P 500 ETF | 0.39% | 8,500 | $4.3M | No change |
| EMR Emerson Electric Co. | 0.39% | 38,583 | $4.3M | Reduce -12.2% |
| UNM Unum Group | 0.38% | 79,119 | $4.0M | Reduce -17.7% |
| NKE Nike Inc. Class B | 0.35% | 50,514 | $3.8M | Add +1.0% |
| IWR iShares Russell Mid-Cap ETF | 0.34% | 45,586 | $3.7M | No change |
| IVE iShares S&P 500 Value ETF | 0.33% | 19,265 | $3.5M | No change |
| HON Honeywell International Inc. | 0.32% | 16,209 | $3.5M | Reduce -13.1% |
| SYF Synchrony Financial | 0.32% | 73,237 | $3.5M | Reduce -10.8% |
| SNA Snap-on Inc. | 0.31% | 12,791 | $3.3M | Reduce -10.8% |
| MDT Medtronic PLC | 0.29% | 39,522 | $3.1M | Add +13.9% |
| VEA Vanguard Ftse Developed ETF | 0.25% | 53,551 | $2.6M | No change |
| ETR Entergy Corp. | 0.24% | 24,190 | $2.6M | Reduce -15.1% |
| MCHP Microchip Technology Inc. | 0.24% | 28,246 | $2.6M | Add +12.2% |
| EQH Equitable Holdings Inc. | 0.24% | 62,735 | $2.6M | Reduce -12.5% |
| VGK Vanguard Ftse Europe ETF | 0.24% | 38,138 | $2.5M | Reduce -0.4% |
| CWI State Street SPDR MSCI Acwi | 0.24% | 89,586 | $2.5M | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.21% | 10,491 | $2.3M | No change |
| TTE Totalenergies SE -Spon ADR | 0.20% | 32,344 | $2.2M | Reduce -4.4% |
| VNQ Vanguard Real Estate ETF | 0.20% | 25,572 | $2.1M | No change |
| SMFG Sumitomo Mitsui-Spons ADR | 0.20% | 158,700 | $2.1M | Reduce -13.7% |
| VZ Verizon Communications Inc. | 0.20% | 51,536 | $2.1M | Add +8.3% |
| CMCSA Comcast Corp. Class A | 0.19% | 53,066 | $2.1M | Reduce -76.4% |
| RSP Invesco S&P 500 Equal Weight | 0.18% | 12,000 | $2.0M | No change |
| BNL Broadstone Net Lease Inc. | 0.18% | 121,615 | $1.9M | Reduce -31.6% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.18% | 7,622 | $1.9M | Reduce -0.5% |
| UPS United Parcel Service Class B | 0.17% | 13,612 | $1.9M | Reduce -5.5% |
Portfolio Sells Q1 2024 → Q2 2024
| CVS CVS Health Corp. | Reduce -93.3% | 0.04% | −0.73 |
| CMCSA Comcast Corp. Class A | Reduce -76.4% | 0.19% | −0.70 |
| ZTS Zoetis Inc. | Reduce -93.7% | 0.04% | −0.59 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.56 |
| CSCO Cisco Systems Inc. | Reduce -56.0% | 0.40% | −0.54 |
| TDY Teledyne Technologies Inc. | Reduce -93.7% | 0.03% | −0.44 |
| ACLS Axcelis Technologies Inc. | Sold out | 0.00% | −0.43 |
| TSLA Tesla Inc. | Reduce -80.7% | 0.11% | −0.40 |
| JPM JPMorgan Chase & Co. | Reduce -18.3% | 1.57% | −0.30 |
| MUB iShares National Muni Bond E | Reduce -25.0% | 0.86% | −0.28 |
| NSC Norfolk Southern Corp. | Reduce -4.3% | 0.80% | −0.18 |
| VLO Valero Energy Corp. | Reduce -24.0% | 0.42% | −0.17 |
| STLD Steel Dynamics Inc. | Reduce -1.2% | 0.99% | −0.14 |
| BLK BlackRock Finance Inc. | Reduce -8.8% | 0.95% | −0.14 |
| PEP Pepsico Inc. | Reduce -7.7% | 0.98% | −0.13 |
| JNJ Johnson & Johnson | Reduce -2.4% | 1.21% | −0.11 |
| MPC Marathon Petroleum Corp. | Reduce -4.5% | 0.51% | −0.10 |
| PG The Procter & Gamble Co. | Reduce -10.7% | 1.19% | −0.10 |
| HD Home Depot Inc. | Reduce -11.9% | 0.41% | −0.10 |
| AMP Ameriprise Financial Inc. | Reduce -17.4% | 0.43% | −0.10 |
| UNM Unum Group | Reduce -17.7% | 0.38% | −0.10 |
| MA Mastercard Inc. Class A | Reduce -0.3% | 1.05% | −0.08 |
| DE Deere & Co. | Reduce -1.6% | 0.79% | −0.08 |
| SNA Snap-on Inc. | Reduce -10.8% | 0.31% | −0.08 |
| BNL Broadstone Net Lease Inc. | Reduce -31.6% | 0.18% | −0.08 |
| FISV Fiserv Inc. | Reduce -2.8% | 0.77% | −0.07 |
| EMR Emerson Electric Co. | Reduce -12.2% | 0.39% | −0.06 |
| PHM Pultegroup Inc. | Reduce -1.5% | 0.60% | −0.06 |
| MRK Merck & Co. Inc. | Reduce -1.2% | 0.84% | −0.05 |
| ORLY O'reilly Automotive Inc. | Reduce -1.8% | 0.73% | −0.05 |
| EFA iShares MSCI Eafe ETF | Reduce -1.9% | 2.89% | −0.05 |
| ABBV Abbvie Inc. | Reduce -0.0% | 1.13% | −0.05 |
| ALL Allstate Corp. | Reduce -1.9% | 0.50% | −0.04 |
| HST Host Hotels & Resorts Inc. | Reduce -10.2% | 0.16% | −0.04 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.04 |
| D Dominion Energy Inc. | Reduce -18.5% | 0.17% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.7% | 0.68% | −0.04 |
| ETR Entergy Corp. | Reduce -15.1% | 0.24% | −0.04 |
| GILD Gilead Sciences Inc. | Reduce -1.5% | 0.48% | −0.03 |
| DLR Digital Realty Trust Inc. | Sold out | 0.00% | −0.03 |
| CFG Citizens Financial Group | Reduce -19.6% | 0.13% | −0.03 |
| WSM Williams-Sonoma Inc. | Sold out | 0.00% | −0.03 |
| HON Honeywell International Inc. | Reduce -13.1% | 0.32% | −0.03 |
| EMN Eastman Chemical Co. | Reduce -18.1% | 0.12% | −0.03 |
| GNL Global Net Lease Inc. | Sold out | 0.00% | −0.03 |
| SMCI Super Micro Computer Inc. | Reduce -33.9% | 0.03% | −0.03 |
| ARE Alexandria Real Estate Equit | Sold out | 0.00% | −0.03 |
| CSR Centerspace | Sold out | 0.00% | −0.03 |
| PCH Potlatchdeltic Corp. | Sold out | 0.00% | −0.03 |
| STAG Stag Industrial Inc. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q1 2024 → Q2 2024
| NVDA Nvidia Corp. | Add +9.1% | 3.62% | +1.23 |
| ORCL Oracle Corp. | Add +934.1% | 0.90% | +0.82 |
| XOM Exxon Mobil Corp. | Add +125.8% | 1.27% | +0.71 |
| LLY Eli Lilly & Co. | Add +310.3% | 0.63% | +0.50 |
| AMZN Amazon.com Inc. | Add +15.9% | 2.25% | +0.47 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.45% | +0.45 |
| BND Vanguard Total Bond Market | Add +7.8% | 4.64% | +0.37 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +18.9% | 1.50% | +0.36 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +4.3% | 1.15% | +0.24 |
| ADBE Adobe Inc. | Add +2.9% | 0.98% | +0.13 |
| AMGN Amgen Inc. | New | 0.12% | +0.12 |
| IWB iShares Russell 1000 ETF | Add +0.5% | 2.36% | +0.12 |
| META Meta Platforms Inc. Class A | Add +3.9% | 1.35% | +0.12 |
| GD General Dynamics Corp. | New | 0.12% | +0.12 |
| VWO Vanguard Ftse Emerging Marke | Add +2.6% | 1.23% | +0.10 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.4% | 0.57% | +0.05 |
| TMUS T-Mobile US Inc. | Add +0.0% | 0.58% | +0.05 |
| MCHP Microchip Technology Inc. | Add +12.2% | 0.24% | +0.03 |
| ISRG Intuitive Surgical Inc. | Add +13.5% | 0.10% | +0.02 |
| APD Air Products & Chemicals Inc. | New | 0.02% | +0.02 |
| PGR Progressive Corp. | Add +23.2% | 0.08% | +0.02 |
| NOW ServiceNow Inc. | Add +19.4% | 0.07% | +0.01 |
| VZ Verizon Communications Inc. | Add +8.3% | 0.20% | +0.01 |
| MDT Medtronic PLC | Add +13.9% | 0.29% | +0.01 |
| UBER Uber Technologies Inc. | Add +23.9% | 0.07% | +0.01 |
| XEL Xcel Energy Inc. | Add +0.9% | 0.54% | +0.01 |
| CMG Chipotle Mexican Grill Inc. | Add +3.8% | 0.06% | +0.01 |
| SYK Stryker Corp. | Add +13.0% | 0.09% | +0.01 |
| DAL Delta Air Lines Inc. | Add +10.9% | 0.07% | +0.01 |
| ANSS Ansys Inc. | Add +24.4% | 0.05% | +0.01 |
| BAC Bank of America Corp. | Add +1.2% | 0.07% | +0.01 |
| SONY Sony Group Corp. - SP ADR | Add +3.4% | 0.11% | +0.00 |
| WPC WP Carey Inc. | Add +15.4% | 0.03% | +0.00 |
| SLB SLB Ltd. | Add +22.4% | 0.04% | +0.00 |
| WLK Westlake Corp. | Add +11.0% | 0.04% | +0.00 |
| LEVI Levi Strauss & Co. Class A | Add +11.7% | 0.03% | +0.00 |
| IJR iShares Core S&P Small-Cap E | Add +3.0% | 0.05% | +0.00 |
| LYV Live Nation Entertainment Inc. | Add +11.9% | 0.04% | +0.00 |
| IWD iShares Russell 1000 Value E | Add +1.1% | 1.64% | −0.00 |
| EQIX Equinix Inc. | Add +5.2% | 0.05% | −0.00 |
| MGA Magna International Inc. | Add +26.3% | 0.09% | −0.00 |
| XYZ Block Inc. | Add +19.4% | 0.04% | −0.00 |
| OZK Bank Ozk | Add +2.5% | 0.09% | −0.01 |
| HMC Honda Motor Co. Ltd.-Spons ADR | Add +8.7% | 0.12% | −0.01 |
| BLDR Builders Firstsource Inc. | Add +27.8% | 0.04% | −0.01 |
| NICE Nice Ltd. - Spon ADR | Add +29.2% | 0.06% | −0.01 |
| IWM iShares Russell 2000 ETF | Add +1.1% | 1.18% | −0.01 |
| MAR Marriott International Class A | Add +0.7% | 0.67% | −0.01 |
| LOW Lowe's Cos Inc. | Add +1.9% | 0.64% | −0.08 |
| NKE Nike Inc. Class B | Add +1.0% | 0.35% | −0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 207 | $1.6B | NVDA, BND, AAPL, MSFT, GOOGL |
| Q1 2026 | 207 | $1.5B | BND, NVDA, AAPL, GOOGL, MSFT |
| Q4 2025 | 207 | $1.4B | NVDA, BND, MSFT, AAPL, GOOGL |
| Q3 2025 | 202 | $1.4B | NVDA, BND, MSFT, AAPL, WMT |
| Q2 2025 | 201 | $1.2B | BND, MSFT, NVDA, EFA, AAPL |
| Q1 2025 | 202 | $1.1B | BND, AAPL, MSFT, EFA, NVDA |
| Q4 2024 | 199 | $1.1B | BND, AAPL, MSFT, NVDA, EFA |
| Q3 2024 | 210 | $1.1B | BND, AAPL, MSFT, NVDA, EFA |
| Q2 2024 | 210 | $1.1B | BND, MSFT, AAPL, NVDA, IWF |
| Q1 2024 | 225 | $1.1B | BND, MSFT, AAPL, EFA, IWF |