BTC Capital Management, Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 21, 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 Apple (AAPL, 4.3%) and Microsoft (MSFT, 4.1%). Compared with Q2 2024, it opened 10 new positions, sold out of 10, added to 62 and reduced 119. The biggest buy was a new position in Eaton (ETN) and the biggest sale Chevron (CVX, shares −92%).
- Most Recent 13F
- Q2 2026
- Location
- DES MOINES, IA
- CIK
- 0001611848
- Portfolio Value
- $1.1B (Q3 2024)
- SEC Filing
- 0001085146-24-005019 ↗ filed Oct 21, 2024
Holdings Value
Holdings 210 stocks · $1.1B
| BND Vanguard Total Bond Market | 4.59% | 687,036 | $51.6M | Reduce -1.1% |
| AAPL Apple Inc. | 4.29% | 207,284 | $48.3M | Reduce -3.1% |
| MSFT Microsoft Corp. | 4.05% | 105,957 | $45.6M | Reduce -0.9% |
| NVDA Nvidia Corp. | 3.63% | 335,959 | $40.8M | Add +6.5% |
| EFA iShares MSCI Eafe ETF | 3.34% | 449,452 | $37.6M | Add +13.3% |
| IWF iShares Russell 1000 Growth | 2.93% | 87,867 | $33.0M | Reduce -3.1% |
| GOOGL Alphabet Inc. Class A | 2.34% | 158,944 | $26.4M | Reduce -1.3% |
| AVGO Broadcom Inc. | 2.18% | 142,073 | $24.5M | Add +0.9% |
| AMZN Amazon.com Inc. | 2.07% | 124,810 | $23.3M | Reduce -0.6% |
| IWB iShares Russell 1000 ETF | 2.02% | 72,430 | $22.8M | Reduce -15.1% |
| WMT Walmart Inc. | 1.73% | 240,355 | $19.4M | Reduce -4.4% |
| XOM Exxon Mobil Corp. | 1.71% | 163,973 | $19.2M | Add +38.2% |
| META Meta Platforms Inc. Class A | 1.55% | 30,448 | $17.4M | Add +5.8% |
| JPM JPMorgan Chase & Co. | 1.47% | 78,547 | $16.6M | Reduce -6.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.46% | 42,837 | $16.4M | Reduce -0.8% |
| IWD iShares Russell 1000 Value E | 1.43% | 84,677 | $16.1M | Reduce -16.4% |
| IWM iShares Russell 2000 ETF | 1.38% | 70,381 | $15.5M | Add +12.4% |
| IVV iShares Core S&P 500 ETF | 1.36% | 26,508 | $15.3M | Add +1.6% |
| VWO Vanguard Ftse Emerging Marke | 1.32% | 310,350 | $14.9M | Add +2.6% |
| JNJ Johnson & Johnson | 1.23% | 85,075 | $13.8M | Reduce -4.6% |
| ABBV Abbvie Inc. | 1.18% | 67,204 | $13.3M | Reduce -5.4% |
| PG The Procter & Gamble Co. | 1.18% | 76,575 | $13.3M | Reduce -1.3% |
| LRCX Lam Research Corp. | 1.13% | 15,519 | $12.7M | Add +5.3% |
| MA Mastercard Inc. Class A | 1.11% | 25,219 | $12.5M | Reduce -1.2% |
| ORCL Oracle Corp. | 1.06% | 69,747 | $11.9M | Add +1.5% |
| BLK BlackRock Finance Inc. | 1.05% | 12,453 | $11.8M | Reduce -4.6% |
| WFC Wells Fargo & Co. | 1.05% | 208,786 | $11.8M | Add +18.8% |
| MS Morgan Stanley | 0.99% | 106,812 | $11.1M | Reduce -2.3% |
| PEP Pepsico Inc. | 0.97% | 63,847 | $10.9M | Reduce -0.7% |
| STLD Steel Dynamics Inc. | 0.91% | 80,989 | $10.2M | Reduce -1.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.91% | 58,452 | $10.2M | Reduce -0.7% |
| FAST Fastenal Co. | 0.90% | 142,157 | $10.2M | Reduce -1.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.89% | 84,914 | $10.0M | Add +11.5% |
| NEE Nextera Energy Inc. | 0.84% | 112,206 | $9.5M | Reduce -2.9% |
| NSC Norfolk Southern Corp. | 0.84% | 38,140 | $9.5M | Reduce -4.6% |
| FISV Fiserv Inc. | 0.84% | 52,598 | $9.4M | Reduce -5.9% |
| LLY Eli Lilly & Co. | 0.84% | 10,627 | $9.4M | Add +40.7% |
| ADBE Adobe Inc. | 0.83% | 18,102 | $9.4M | Reduce -4.7% |
| UNH Unitedhealth Group Inc. | 0.81% | 15,564 | $9.1M | Reduce -1.4% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.80% | 32,066 | $9.0M | Reduce -0.6% |
| DE Deere & Co. | 0.79% | 21,422 | $8.9M | Reduce -6.3% |
| PHM Pultegroup Inc. | 0.79% | 62,260 | $8.9M | Add +6.0% |
| ORLY O'reilly Automotive Inc. | 0.77% | 7,522 | $8.7M | Add +0.6% |
| PLD Prologis Inc. | 0.76% | 67,437 | $8.5M | Reduce -5.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.75% | 14,777 | $8.5M | Add +1.0% |
| ICE Intercontinental Exchange Inc. | 0.74% | 52,044 | $8.4M | Add +0.1% |
| MRK Merck & Co. Inc. | 0.74% | 73,596 | $8.4M | Add +0.1% |
| LOW Lowe's Cos Inc. | 0.74% | 30,765 | $8.3M | Reduce -2.0% |
| INTU Intuit Inc. | 0.74% | 13,341 | $8.3M | Reduce -3.3% |
| ETN Eaton Corp. PLC | 0.73% | 24,886 | $8.2M | New |
| TMO Thermo Fisher Scientific Inc. | 0.72% | 13,139 | $8.1M | Reduce -1.5% |
| MAR Marriott International Class A | 0.67% | 30,512 | $7.6M | Add +1.7% |
| XEL Xcel Energy Inc. | 0.66% | 113,439 | $7.4M | Add +4.0% |
| LHX L3HARRIS Technologies Inc. | 0.65% | 30,670 | $7.3M | Reduce -1.5% |
| DHR Danaher Corp. | 0.65% | 26,100 | $7.3M | Reduce -1.4% |
| FDX FedEx Corp. | 0.63% | 25,708 | $7.0M | Reduce -0.6% |
| TMUS T-Mobile US Inc. | 0.62% | 33,585 | $6.9M | Reduce -5.1% |
| MUB iShares National Muni Bond E | 0.59% | 61,240 | $6.7M | Reduce -29.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.56% | 12,800 | $6.2M | Reduce -0.4% |
| RF Regions Financial Corp. | 0.54% | 258,895 | $6.0M | Reduce -6.4% |
| ALL Allstate Corp. | 0.53% | 31,529 | $6.0M | Reduce -7.0% |
| OTIS Otis Worldwide Corp. | 0.53% | 57,455 | $6.0M | Reduce -0.6% |
| GILD Gilead Sciences Inc. | 0.53% | 70,937 | $5.9M | Reduce -6.1% |
| SPGI S&P Global Inc. | 0.52% | 11,257 | $5.8M | Reduce -5.1% |
| IWV iShares Russell 3000 ETF | 0.51% | 17,567 | $5.7M | No change |
| GM General Motors Co. | 0.49% | 124,130 | $5.6M | Reduce -3.0% |
| OMC Omnicom Group | 0.48% | 51,824 | $5.4M | New |
| MPC Marathon Petroleum Corp. | 0.47% | 32,375 | $5.3M | Add +1.4% |
| JAZZ Jazz Pharmaceuticals PLC | 0.45% | 45,382 | $5.1M | New |
| AMP Ameriprise Financial Inc. | 0.44% | 10,598 | $5.0M | Reduce -2.7% |
| HD Home Depot Inc. | 0.44% | 12,240 | $5.0M | Reduce -4.0% |
| VRTX Vertex Pharmaceuticals Inc. | 0.43% | 10,473 | $4.9M | Add +1.5% |
| IVW iShares S&P 500 Growth ETF | 0.43% | 50,658 | $4.9M | No change |
| IWR iShares Russell Mid-Cap ETF | 0.41% | 52,017 | $4.6M | Add +14.1% |
| UNM Unum Group | 0.40% | 76,597 | $4.6M | Reduce -3.2% |
| VOO Vanguard S&P 500 ETF | 0.40% | 8,500 | $4.5M | No change |
| VLO Valero Energy Corp. | 0.35% | 28,989 | $3.9M | Reduce -0.1% |
| MDT Medtronic PLC | 0.34% | 42,761 | $3.8M | Add +8.2% |
| IVE iShares S&P 500 Value ETF | 0.34% | 19,265 | $3.8M | No change |
| SNA Snap-on Inc. | 0.32% | 12,401 | $3.6M | Reduce -3.0% |
| SYF Synchrony Financial | 0.31% | 70,505 | $3.5M | Reduce -3.7% |
| HON Honeywell International Inc. | 0.29% | 15,653 | $3.2M | Reduce -3.4% |
| ETR Entergy Corp. | 0.27% | 22,957 | $3.0M | Reduce -5.1% |
| VEA Vanguard Ftse Developed ETF | 0.25% | 53,551 | $2.8M | No change |
| VNQ Vanguard Real Estate ETF | 0.25% | 28,609 | $2.8M | Add +11.9% |
| CWI State Street SPDR MSCI Acwi | 0.24% | 89,586 | $2.7M | No change |
| VGK Vanguard Ftse Europe ETF | 0.24% | 37,908 | $2.7M | Reduce -0.6% |
| EQH Equitable Holdings Inc. | 0.23% | 60,645 | $2.5M | Reduce -3.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.22% | 10,491 | $2.5M | No change |
| UL Unilever PLC | 0.20% | 35,015 | $2.3M | Add +5.3% |
| MCHP Microchip Technology Inc. | 0.20% | 28,055 | $2.3M | Reduce -0.7% |
| TTE Totalenergies SE -Spon ADR | 0.20% | 34,765 | $2.2M | Add +7.5% |
| VZ Verizon Communications Inc. | 0.20% | 49,701 | $2.2M | Reduce -3.6% |
| BNL Broadstone Net Lease Inc. | 0.20% | 117,505 | $2.2M | Reduce -3.4% |
| RSP Invesco S&P 500 Equal Weight | 0.19% | 12,000 | $2.1M | No change |
| SMFG Sumitomo Mitsui-Spons ADR | 0.19% | 167,776 | $2.1M | Add +5.7% |
| D Dominion Energy Inc. | 0.19% | 36,528 | $2.1M | Reduce -3.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.18% | 3 | $2.1M | No change |
| CMCSA Comcast Corp. Class A | 0.18% | 48,652 | $2.0M | Reduce -8.3% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.18% | 7,573 | $2.0M | Reduce -0.6% |
Portfolio Sells Q2 2024 → Q3 2024
| CVX Chevron Corp. | Reduce -91.9% | 0.07% | −0.92 |
| DIS The Walt Disney Co. | Reduce -84.3% | 0.08% | −0.45 |
| MSFT Microsoft Corp. | Reduce -0.9% | 4.05% | −0.38 |
| GOOGL Alphabet Inc. Class A | Reduce -1.3% | 2.34% | −0.38 |
| CSCO Cisco Systems Inc. | Reduce -89.6% | 0.04% | −0.36 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.35 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -0.6% | 0.80% | −0.35 |
| EMR Emerson Electric Co. | Reduce -85.7% | 0.05% | −0.34 |
| IWB iShares Russell 1000 ETF | Reduce -15.1% | 2.02% | −0.33 |
| MUB iShares National Muni Bond E | Reduce -29.9% | 0.59% | −0.27 |
| IWD iShares Russell 1000 Value E | Reduce -16.4% | 1.43% | −0.21 |
| AMZN Amazon.com Inc. | Reduce -0.6% | 2.07% | −0.18 |
| ADBE Adobe Inc. | Reduce -4.7% | 0.83% | −0.15 |
| IWF iShares Russell 1000 Growth | Reduce -3.1% | 2.93% | −0.14 |
| INTU Intuit Inc. | Reduce -3.3% | 0.74% | −0.11 |
| JPM JPMorgan Chase & Co. | Reduce -6.0% | 1.47% | −0.10 |
| FDX FedEx Corp. | Reduce -0.6% | 0.63% | −0.09 |
| STLD Steel Dynamics Inc. | Reduce -1.6% | 0.91% | −0.08 |
| VLO Valero Energy Corp. | Reduce -0.1% | 0.35% | −0.07 |
| GM General Motors Co. | Reduce -3.0% | 0.49% | −0.06 |
| BND Vanguard Total Bond Market | Reduce -1.1% | 4.59% | −0.06 |
| XYZ Block Inc. | Sold out | 0.00% | −0.04 |
| CVI CVR Energy Inc. | Sold out | 0.00% | −0.04 |
| WLK Westlake Corp. | Sold out | 0.00% | −0.04 |
| MCHP Microchip Technology Inc. | Reduce -0.7% | 0.20% | −0.04 |
| CHE Chemed Corp. | Sold out | 0.00% | −0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.8% | 1.46% | −0.04 |
| HON Honeywell International Inc. | Reduce -3.4% | 0.29% | −0.03 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.03 |
| LEVI Levi Strauss & Co. Class A | Sold out | 0.00% | −0.03 |
| RLJ RLJ Lodging Trust | Sold out | 0.00% | −0.03 |
| WPC WP Carey Inc. | Sold out | 0.00% | −0.03 |
| PEP Pepsico Inc. | Reduce -0.7% | 0.97% | −0.02 |
| AMAT Applied Materials Inc. | Reduce -1.2% | 0.08% | −0.02 |
| BX Blackstone Inc. | Reduce -56.6% | 0.02% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.4% | 0.56% | −0.02 |
| INVH Invitation Homes Inc. | Reduce -2.9% | 0.16% | −0.01 |
| CMG Chipotle Mexican Grill Inc. | Reduce -11.5% | 0.05% | −0.01 |
| UPS United Parcel Service Class B | Reduce -2.8% | 0.16% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -8.3% | 0.18% | −0.01 |
| ZTS Zoetis Inc. | Reduce -34.4% | 0.03% | −0.01 |
| EQH Equitable Holdings Inc. | Reduce -3.3% | 0.23% | −0.01 |
| OZK Bank Ozk | Reduce -12.4% | 0.08% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -1.3% | 1.18% | −0.01 |
| NXST Nexstar Media Group Inc. | Reduce -0.8% | 0.15% | −0.01 |
| SYF Synchrony Financial | Reduce -3.7% | 0.31% | −0.01 |
| TDY Teledyne Technologies Inc. | Reduce -33.8% | 0.02% | −0.01 |
| SMBC Southern Missouri Bancorp | Reduce -25.2% | 0.06% | −0.01 |
| OXM Oxford Industries Inc. | Reduce -4.7% | 0.02% | −0.01 |
| CVS CVS Health Corp. | Reduce -16.1% | 0.03% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| ETN Eaton Corp. PLC | New | 0.73% | +0.73 |
| OMC Omnicom Group | New | 0.48% | +0.48 |
| EFA iShares MSCI Eafe ETF | Add +13.3% | 3.34% | +0.46 |
| JAZZ Jazz Pharmaceuticals PLC | New | 0.45% | +0.45 |
| XOM Exxon Mobil Corp. | Add +38.2% | 1.71% | +0.44 |
| IWM iShares Russell 2000 ETF | Add +12.4% | 1.38% | +0.20 |
| META Meta Platforms Inc. Class A | Add +5.8% | 1.55% | +0.20 |
| LLY Eli Lilly & Co. | Add +40.7% | 0.84% | +0.20 |
| PHM Pultegroup Inc. | Add +6.0% | 0.79% | +0.19 |
| STX Seagate Technology Holdings | New | 0.17% | +0.17 |
| ORCL Oracle Corp. | Add +1.5% | 1.06% | +0.16 |
| XEL Xcel Energy Inc. | Add +4.0% | 0.66% | +0.12 |
| TJX TJX Companies Inc. | Add +11.5% | 0.89% | +0.11 |
| VWO Vanguard Ftse Emerging Marke | Add +2.6% | 1.32% | +0.09 |
| ICE Intercontinental Exchange Inc. | Add +0.1% | 0.74% | +0.08 |
| AVGO Broadcom Inc. | Add +0.9% | 2.18% | +0.08 |
| WFC Wells Fargo & Co. | Add +18.8% | 1.05% | +0.08 |
| SPYG SS SPDR P S&P 500 Growth ETF | New | 0.07% | +0.07 |
| IWR iShares Russell Mid-Cap ETF | Add +14.1% | 0.41% | +0.06 |
| MDT Medtronic PLC | Add +8.2% | 0.34% | +0.05 |
| VNQ Vanguard Real Estate ETF | Add +11.9% | 0.25% | +0.05 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 0.05% | +0.05 |
| AMGN Amgen Inc. | Add +37.7% | 0.17% | +0.04 |
| EEM iShares MSCI Emerging Market | New | 0.04% | +0.04 |
| ALLY Ally Financial Inc. | New | 0.04% | +0.04 |
| ORLY O'reilly Automotive Inc. | Add +0.6% | 0.77% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +1.6% | 1.36% | +0.03 |
| UL Unilever PLC | Add +5.3% | 0.20% | +0.03 |
| CPRX Catalyst Pharmaceuticals Inc. | New | 0.03% | +0.03 |
| SNY Sanofi-ADR | Add +5.9% | 0.15% | +0.03 |
| WING Wingstop Inc. | Add +74.6% | 0.06% | +0.02 |
| VYM Vanguard High DVD Yield ETF | New | 0.02% | +0.02 |
| RIO Rio Tinto PLC-Spon ADR | Add +9.1% | 0.17% | +0.02 |
| SONY Sony Group Corp. - SP ADR | Add +6.7% | 0.13% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.0% | 0.75% | +0.01 |
| CHKP Check Point Software Tech | Add +4.2% | 0.09% | +0.01 |
| HEES H&E Equipment Services Inc. | Add +26.8% | 0.05% | +0.01 |
| AMT American Tower Corp. | Add +6.2% | 0.07% | +0.01 |
| NVS Novartis AG-Sponsored ADR | Add +6.6% | 0.14% | +0.01 |
| HOMB Home Bancshares Inc. | Add +27.9% | 0.04% | +0.01 |
| EQIX Equinix Inc. | Add +7.3% | 0.06% | +0.01 |
| NVDA Nvidia Corp. | Add +6.5% | 3.63% | +0.01 |
| JHG Janus Henderson Group PLC | Add +5.6% | 0.08% | +0.01 |
| SNX TD Synnex Corp. | Add +41.2% | 0.03% | +0.01 |
| IX Orix - Sponsored ADR | Add +5.6% | 0.15% | +0.01 |
| UBS UBS Group AG-Reg | Add +7.7% | 0.10% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.3% | 0.07% | +0.01 |
| PFGC Performance Food Group Co. | Add +3.6% | 0.04% | +0.01 |
| BXC Bluelinx Holdings Inc. | Add +12.8% | 0.02% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +14.8% | 0.03% | +0.00 |
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 |