Caldwell Trust Co
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed September 22, 2025), Caldwell Trust Co reported 742 stock positions worth $999.9 million. Its top holding was Nvidia (NVDA) at 5.5% of the portfolio, followed by Apple (AAPL, 5.1%) and SS SPDR S&P 500 ETF Trust-US (SPY, 4.0%). Compared with Q1 2025, it opened 12 new positions, sold out of 18, added to 135 and reduced 173. The biggest buy was Nvidia (NVDA, shares +0%) and the biggest sale Unitedhealth (UNH, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- Venice, FL
- CIK
- 0002080218
- Portfolio Value
- $999.9M (Q2 2025)
- SEC Filing
- 0001420506-25-002730 ↗ filed Sep 22, 2025
Holdings Value
Holdings 742 stocks · $999.9M
| NVDA Nvidia Corp. | 5.50% | 348,306 | $55.0M | Add +0.3% |
| AAPL Apple Inc. | 5.15% | 250,773 | $51.5M | Add +2.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.98% | 64,404 | $39.8M | Reduce -1.1% |
| MSFT Microsoft Corp. | 3.71% | 74,659 | $37.1M | Add +0.4% |
| AMZN Amazon.com Inc. | 2.94% | 133,840 | $29.4M | Add +0.4% |
| GOOGL Alphabet Inc. Class A | 2.34% | 132,700 | $23.4M | Add +0.7% |
| JPM JPMorgan Chase & Co. | 1.98% | 68,184 | $19.8M | Reduce -1.5% |
| HD Home Depot Inc. | 1.94% | 52,967 | $19.4M | Add +1.3% |
| LLY Eli Lilly & Co. | 1.72% | 22,083 | $17.2M | Add +1.6% |
| IVV iShares Core S&P 500 ETF | 1.65% | 26,576 | $16.5M | Reduce -2.1% |
| COST Costco Wholesale Corp. | 1.47% | 14,897 | $14.7M | Add +1.5% |
| RSP Invesco S&P 500 Equal Weight | 1.33% | 73,116 | $13.3M | Add +0.1% |
| MA Mastercard Inc. Class A | 1.31% | 23,285 | $13.1M | Add +1.4% |
| NEE Nextera Energy Inc. | 1.28% | 183,839 | $12.8M | Add +1.6% |
| BLK BlackRock Inc. | 1.27% | 12,059 | $12.7M | Add +7.5% |
| MDY State Street SPDR S&P Midcap | 1.23% | 21,670 | $12.3M | Reduce -2.6% |
| IGSB iShares 1-5Y Inv Grade Corp. | 1.20% | 226,542 | $12.0M | Add +5.5% |
| V Visa Inc. Class A | 1.13% | 31,814 | $11.3M | Add +9.1% |
| QQQ Invesco QQQ Trust Series 1 | 1.10% | 20,003 | $11.0M | Add +1.1% |
| WMT Walmart Inc. | 1.08% | 110,623 | $10.8M | Add +0.1% |
| MCD McDonald's Corp. | 1.06% | 36,188 | $10.6M | Add +0.0% |
| AGG iShares Core U.S. Aggregate | 1.06% | 106,508 | $10.6M | Add +5.5% |
| IGIB iShares 5-10Y Inv Grade Corp. | 1.05% | 197,725 | $10.5M | Add +8.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.05% | 21,614 | $10.5M | Reduce -3.1% |
| PG The Procter & Gamble Co. | 1.05% | 65,627 | $10.5M | Add +0.5% |
| IJR iShares Core S&P Small-Cap E | 0.98% | 89,816 | $9.8M | Reduce -1.0% |
| JNJ Johnson & Johnson | 0.91% | 59,257 | $9.1M | Add +1.0% |
| IJH iShares Core S&P Midcap ETF | 0.88% | 141,479 | $8.8M | Add +1.7% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.87% | 31,010 | $8.7M | Add +0.9% |
| AMGN Amgen Inc. | 0.86% | 30,728 | $8.6M | Add +5.4% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.83% | 327,382 | $8.3M | Add +3.3% |
| CVX Chevron Corp. | 0.82% | 57,221 | $8.2M | Reduce -2.8% |
| AVGO Broadcom Inc. | 0.78% | 28,339 | $7.8M | Reduce -4.7% |
| CAT Caterpillar Inc. | 0.73% | 18,930 | $7.3M | Add +2.9% |
| NFLX Netflix Inc. | 0.73% | 5,485 | $7.3M | Add +5.0% |
| ABT Abbott Laboratories | 0.71% | 51,929 | $7.1M | Reduce -0.0% |
| UNP Union Pacific Corp. | 0.70% | 30,234 | $7.0M | Reduce -1.3% |
| BX Blackstone Inc. | 0.69% | 45,874 | $6.9M | Add +1.6% |
| XOM Exxon Mobil Corp. | 0.64% | 59,169 | $6.4M | No change |
| HON Honeywell International Inc. | 0.60% | 25,919 | $6.0M | Reduce -1.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.58% | 69,894 | $5.8M | Add +4.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.58% | 8 | $5.8M | No change |
| AXP American Express Co. | 0.56% | 17,531 | $5.6M | Reduce -6.8% |
| ORCL Oracle Corp. | 0.55% | 25,367 | $5.5M | Reduce -10.0% |
| META Meta Platforms Inc. Class A | 0.52% | 7,080 | $5.2M | Add +12.5% |
| CSCO Cisco Systems Inc. | 0.51% | 73,894 | $5.1M | Reduce -2.6% |
| VEA Vanguard Ftse Developed ETF | 0.51% | 89,826 | $5.1M | Add +8.3% |
| CRM Salesforce Inc. | 0.49% | 18,047 | $4.9M | Reduce -0.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.48% | 16,294 | $4.8M | Add +9.0% |
| TMUS T-Mobile US Inc. | 0.48% | 20,119 | $4.8M | Add +4.2% |
| ABBV Abbvie Inc. | 0.47% | 25,110 | $4.7M | Add +3.1% |
| PM Philip Morris International | 0.46% | 25,461 | $4.6M | Reduce -6.1% |
| SYK Stryker Corp. | 0.46% | 11,702 | $4.6M | Reduce -1.4% |
| NOBL Proshares S&P 500 Dividend A | 0.46% | 45,561 | $4.6M | Reduce -3.2% |
| ANET Arista Networks Inc. | 0.46% | 44,739 | $4.6M | Add +4.6% |
| VOO Vanguard S&P 500 ETF | 0.46% | 8,047 | $4.6M | No change |
| UNH Unitedhealth Group Inc. | 0.45% | 14,489 | $4.5M | Reduce -13.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.45% | 19,951 | $4.5M | Add +4.7% |
| PEP Pepsico Inc. | 0.44% | 33,068 | $4.4M | Add +0.8% |
| PWR Quanta Services Inc. | 0.43% | 11,414 | $4.3M | Add +6.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.43% | 14,105 | $4.3M | Add +2.5% |
| EMR Emerson Electric Co. | 0.41% | 31,006 | $4.1M | Reduce -2.3% |
| XLK SS Technology Select Sector | 0.41% | 16,166 | $4.1M | Reduce -1.5% |
| KO The Coca-Cola Co. | 0.40% | 56,781 | $4.0M | Reduce -1.6% |
| DUK Duke Energy Corp. | 0.39% | 33,048 | $3.9M | Add +3.7% |
| MRK Merck & Co. Inc. | 0.38% | 48,103 | $3.8M | Reduce -2.6% |
| PAYX Paychex Inc. | 0.35% | 23,827 | $3.5M | Add +0.4% |
| GOOG Alphabet Inc. Class C | 0.34% | 19,360 | $3.4M | Add +0.4% |
| GPC Genuine Parts Co. | 0.33% | 27,391 | $3.3M | Reduce -0.8% |
| RTX RTX Corp. | 0.33% | 22,258 | $3.3M | Add +0.7% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.32% | 7,290 | $3.2M | Reduce -1.4% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.32% | 43,161 | $3.2M | No change |
| PANW Palo Alto Networks Inc. | 0.31% | 14,989 | $3.1M | Reduce -0.7% |
| LPLA LPL Financial Holdings Inc. | 0.31% | 8,138 | $3.1M | Reduce -0.6% |
| MUB iShares National Muni Bond E | 0.30% | 29,089 | $3.0M | Add +1.4% |
| ACN Accenture PLC Class A | 0.30% | 9,877 | $3.0M | Reduce -4.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.29% | 62,295 | $2.9M | Reduce -5.5% |
| WM Waste Management Inc. | 0.29% | 12,748 | $2.9M | Add +2.6% |
| LMT Lockheed Martin Corp. | 0.29% | 6,275 | $2.9M | Add +2.0% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.29% | 45,509 | $2.9M | Add +6.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.28% | 6,494 | $2.8M | Reduce -1.3% |
| MS Morgan Stanley | 0.28% | 19,593 | $2.8M | Reduce -1.2% |
| VZ Verizon Communications Inc. | 0.26% | 61,007 | $2.6M | Reduce -11.1% |
| ALL Allstate Corp. | 0.26% | 13,054 | $2.6M | No change |
| PH Parker Hannifin Corp. | 0.26% | 3,715 | $2.6M | Add +4.9% |
| VIG Vanguard Dividend Apprec ETF | 0.26% | 12,498 | $2.6M | Add +0.7% |
| ADP Automatic Data Processing | 0.26% | 8,277 | $2.6M | Reduce -4.9% |
| QCOM Qualcomm Inc. | 0.25% | 15,387 | $2.5M | Add +0.1% |
| AMAT Applied Materials Inc. | 0.24% | 13,298 | $2.4M | Add +2.5% |
| ED Consolidated Edison Inc. | 0.24% | 23,907 | $2.4M | Reduce -1.7% |
| SCHD Schwab US DVD Equity ETF | 0.24% | 89,604 | $2.4M | Reduce -1.6% |
| CMG Chipotle Mexican Grill Inc. | 0.23% | 41,692 | $2.3M | Add +6.3% |
| MMM 3M Co. | 0.23% | 15,230 | $2.3M | Add +1.1% |
| AMP Ameriprise Financial Inc. | 0.22% | 4,144 | $2.2M | Reduce -1.4% |
| SO The Southern Co. | 0.22% | 24,055 | $2.2M | Add +10.9% |
| CMI Cummins Inc. | 0.22% | 6,694 | $2.2M | Add +6.6% |
| IWF iShares Russell 1000 Growth | 0.22% | 5,146 | $2.2M | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.22% | 17,524 | $2.2M | Reduce -2.3% |
| TT Trane Technologies PLC | 0.21% | 4,771 | $2.1M | Add +8.2% |
| URI United Rentals Inc. | 0.20% | 2,691 | $2.0M | Add +5.0% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $70K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 45 | $53K | No change |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 9 | $11K | No change |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 297 | $6K | No change |
Total filed on the 13F, all lines: $1.0B.
Portfolio Sells Q1 2025 → Q2 2025
| UNH Unitedhealth Group Inc. | Reduce -13.7% | 0.45% | −0.49 |
| CVX Chevron Corp. | Reduce -2.8% | 0.82% | −0.24 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.1% | 1.05% | −0.22 |
| GSK GSK PLC-Spon ADR | Reduce -99.1% | 0.00% | −0.10 |
| MRK Merck & Co. Inc. | Reduce -2.6% | 0.38% | −0.09 |
| UNP Union Pacific Corp. | Reduce -1.3% | 0.70% | −0.08 |
| BMY Bristol-Myers Squibb Co. | Reduce -3.2% | 0.17% | −0.08 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.07 |
| VZ Verizon Communications Inc. | Reduce -11.1% | 0.26% | −0.07 |
| NOBL Proshares S&P 500 Dividend A | Reduce -3.2% | 0.46% | −0.06 |
| ACN Accenture PLC Class A | Reduce -4.8% | 0.30% | −0.05 |
| ED Consolidated Edison Inc. | Reduce -1.7% | 0.24% | −0.05 |
| MDY State Street SPDR S&P Midcap | Reduce -2.6% | 1.23% | −0.05 |
| HYD Vaneck High Yield Muni ETF | Reduce -38.7% | 0.06% | −0.04 |
| KO The Coca-Cola Co. | Reduce -1.6% | 0.40% | −0.04 |
| CMCSA Comcast Corp. Class A | Reduce -70.1% | 0.02% | −0.04 |
| PPG PPG Industries Inc. | Reduce -83.0% | 0.01% | −0.04 |
| ZTS Zoetis Inc. | Reduce -6.3% | 0.19% | −0.04 |
| UPS United Parcel Service Class B | Reduce -9.0% | 0.13% | −0.04 |
| VLO Valero Energy Corp. | Reduce -13.7% | 0.17% | −0.04 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.0% | 0.98% | −0.04 |
| CHD Church & Dwight Co. Inc. | Reduce -1.3% | 0.15% | −0.04 |
| SCHD Schwab US DVD Equity ETF | Reduce -1.6% | 0.24% | −0.04 |
| HLN Haleon PLC-ADR | Sold out | 0.00% | −0.03 |
| ABT Abbott Laboratories | Reduce -0.0% | 0.71% | −0.03 |
| CRM Salesforce Inc. | Reduce -0.9% | 0.49% | −0.03 |
| ADP Automatic Data Processing | Reduce -4.9% | 0.26% | −0.03 |
| GPN Global Payments Inc. | Sold out | 0.00% | −0.03 |
| COP Conocophillips | Reduce -0.1% | 0.11% | −0.03 |
| KMB Kimberly-Clark Corp. | Reduce -2.6% | 0.13% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -13.4% | 0.12% | −0.03 |
| TDTT NT Iboxx 3Y Dur Tips ETF | Reduce -71.8% | 0.01% | −0.03 |
| WEC WEC Energy Group Inc. | Reduce -1.1% | 0.18% | −0.02 |
| PSX Phillips 66 | Reduce -2.3% | 0.17% | −0.02 |
| ROP Roper Technologies Inc. | Reduce -1.6% | 0.17% | −0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -12.9% | 0.09% | −0.02 |
| ADBE Adobe Inc. | Reduce -5.6% | 0.17% | −0.02 |
| PRU Prudential Financial Inc. | Reduce -0.9% | 0.17% | −0.02 |
| GPC Genuine Parts Co. | Reduce -0.8% | 0.33% | −0.02 |
| WY Weyerhaeuser Co. | Reduce -37.8% | 0.02% | −0.02 |
| BSV Vanguard Short-Term Bond ETF | Reduce -3.4% | 0.19% | −0.02 |
| PFE Pfizer Inc. | Reduce -2.4% | 0.13% | −0.02 |
| MO Altria Group Inc. | Reduce -1.6% | 0.16% | −0.02 |
| TJX TJX Companies Inc. | Reduce -2.3% | 0.22% | −0.02 |
| RQI Cohen & Steers Qual Inc. RLTY | Reduce -21.4% | 0.05% | −0.02 |
| AMT American Tower Corp. | Reduce -9.1% | 0.11% | −0.02 |
| BAB Invesco Taxable Municipal Bo | Reduce -38.2% | 0.02% | −0.02 |
| TIP iShares Tips Bond ETF | Reduce -12.3% | 0.07% | −0.02 |
| IJJ iShares S&P Mid-Cap 400 Valu | Reduce -4.3% | 0.18% | −0.02 |
| CL Colgate-Palmolive Co. | Reduce -3.3% | 0.11% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +0.3% | 5.50% | +1.47 |
| MSFT Microsoft Corp. | Add +0.4% | 3.71% | +0.72 |
| AMZN Amazon.com Inc. | Add +0.4% | 2.94% | +0.21 |
| NFLX Netflix Inc. | Add +5.0% | 0.73% | +0.21 |
| GOOGL Alphabet Inc. Class A | Add +0.7% | 2.34% | +0.15 |
| PWR Quanta Services Inc. | Add +6.1% | 0.43% | +0.14 |
| META Meta Platforms Inc. Class A | Add +12.5% | 0.52% | +0.13 |
| BLK BlackRock Inc. | Add +7.5% | 1.27% | +0.13 |
| TSM Taiwan Semiconductor-SP ADR | Add +4.7% | 0.45% | +0.11 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.1% | 1.10% | +0.11 |
| ANET Arista Networks Inc. | Add +4.6% | 0.46% | +0.10 |
| COF Capital One Financial Corp. | Add +310.5% | 0.12% | +0.09 |
| CAT Caterpillar Inc. | Add +2.9% | 0.73% | +0.08 |
| IBM Intl Business Machines Corp. | Add +9.0% | 0.48% | +0.08 |
| VEA Vanguard Ftse Developed ETF | Add +8.3% | 0.51% | +0.06 |
| GLDM SPDR Gold Minishares Trust | Add +50.5% | 0.18% | +0.06 |
| GS Goldman Sachs Group Inc. | Add +72.7% | 0.10% | +0.05 |
| TT Trane Technologies PLC | Add +8.2% | 0.21% | +0.05 |
| AMAT Applied Materials Inc. | Add +2.5% | 0.24% | +0.04 |
| IEFA iShares Core MSCI Eafe ETF | Add +4.7% | 0.58% | +0.04 |
| WMT Walmart Inc. | Add +0.1% | 1.08% | +0.04 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +6.6% | 0.29% | +0.04 |
| V Visa Inc. Class A | Add +9.1% | 1.13% | +0.03 |
| FTNT Fortinet Inc. | Add +266.7% | 0.04% | +0.03 |
| URI United Rentals Inc. | Add +5.0% | 0.20% | +0.03 |
| PH Parker Hannifin Corp. | Add +4.9% | 0.26% | +0.03 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +8.7% | 1.05% | +0.03 |
| COO The Cooper Cos Inc. | New | 0.03% | +0.03 |
| DGX Quest Diagnostics Inc. | Add +331.6% | 0.03% | +0.03 |
| AZO AutoZone Inc. | Add +28.4% | 0.17% | +0.02 |
| RCL Royal Caribbean Cruises Ltd. | Add +18.9% | 0.06% | +0.02 |
| CMG Chipotle Mexican Grill Inc. | Add +6.3% | 0.23% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.5% | 0.43% | +0.02 |
| AXON Axon Enterprise Inc. | Add +17.4% | 0.05% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +0.4% | 0.34% | +0.02 |
| DE Deere & Co. | Add +13.2% | 0.16% | +0.02 |
| DIS The Walt Disney Co. | Add +0.1% | 0.13% | +0.02 |
| SCHW Schwab (charles) Corp. | Add +2.7% | 0.18% | +0.02 |
| ADI Analog Devices Inc. | Add +3.4% | 0.15% | +0.02 |
| TOL Toll Brothers Inc. | Add +15.9% | 0.12% | +0.02 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +5.8% | 0.12% | +0.02 |
| NXPI NXP Semiconductors NV | Add +1.8% | 0.19% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.9% | 0.87% | +0.02 |
| CARR Carrier Global Corp. | Add +6.7% | 0.11% | +0.01 |
| FIS Fidelity National Info Serv | Add +9.1% | 0.15% | +0.01 |
| KLAC KLA Corp. | Add +0.7% | 0.07% | +0.01 |
| BSX Boston Scientific Corp. | Add +36.9% | 0.05% | +0.01 |
| KR Kroger Co. | Add +10.1% | 0.17% | +0.01 |
| NOW ServiceNow Inc. | Add +11.8% | 0.05% | +0.01 |
| J Jacobs Solutions Inc. | Add +9.4% | 0.13% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 808 | $1.2B | AAPL, NVDA, SPY, GOOGL, AMZN |
| Q1 2026 | 781 | $1.1B | AAPL, NVDA, SPY, GOOGL, MSFT |
| Q4 2025 | 751 | $1.1B | AAPL, NVDA, SPY, GOOGL, MSFT |
| Q3 2025 | 747 | $1.1B | AAPL, NVDA, SPY, MSFT, GOOGL |
| Q2 2025 | 742 | $999.9M | NVDA, AAPL, SPY, MSFT, AMZN |
| Q1 2025 | 748 | $932.0M | AAPL, NVDA, SPY, MSFT, AMZN |
| Q4 2024 | 710 | $957.3M | AAPL, NVDA, SPY, MSFT, AMZN |
| Q3 2024 | 702 | $952.2M | AAPL, NVDA, SPY, MSFT, AMZN |
| Q2 2024 | 689 | $903.6M | AAPL, NVDA, MSFT, SPY, AMZN |
| Q1 2024 | 701 | $859.0M | AAPL, NVDA, SPY, MSFT, AMZN |