Davidson Trust Co.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Davidson Trust Co. reported 143 stock positions worth $171.6 million. Its top holding was Microsoft (MSFT) at 9.3% of the portfolio, followed by Apple (AAPL, 5.5%) and Abbvie (ABBV, 4.6%). Compared with Q4 2023, it opened 12 new positions, sold out of 3, added to 38 and reduced 39. The biggest buy was Microsoft (MSFT, shares +8%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −27%).

Most Recent 13F
Q3 2026
Location
SEATTLE, WA
CIK
0001133119
Portfolio Value
$171.6M (Q1 2024)
SEC Filing
0001133119-24-000002 ↗ filed May 13, 2024

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $171.6M $171.6M Q1 2024 Q2 2024: $145.1M Q2 2024 Q3 2024: $194.6M Q3 2024 Q4 2024: $194.3M Q4 2024 Q1 2025: $209.7M Q1 2025 Q2 2025: $216.7M Q2 2025 Q3 2025: $242.2M Q3 2025 Q4 2025: $239.8M Q4 2025 Q1 2026: $232.0M Q1 2026 Q2 2026: $256.3M Q2 2026 Q3 2026: $253.0M Q3 2026

Holdings 143 stocks · $171.6M
MSFT Microsoft Corp. 9.26% 37,759 $15.9M Add +7.6%
AAPL Apple Inc. 5.50% 55,059 $9.4M Add +0.9%
ABBV Abbvie Inc. 4.59% 43,246 $7.9M No change
ABT Abbott Laboratories 2.65% 40,010 $4.5M No change
COST Costco Wholesale Corp. 2.40% 5,633 $4.1M Add +3.2%
CVX Chevron Corp. 2.32% 25,186 $4.0M Add +0.3%
XOM Exxon Mobil Corp. 2.20% 32,430 $3.8M Add +8.7%
IWR iShares Russell Mid-Cap ETF 2.13% 43,396 $3.6M No change
VTV Vanguard Mrngstr Val ETF-Aui 2.11% 22,196 $3.6M Reduce -2.5%
IVV iShares Core S&P 500 ETF 2.04% 6,672 $3.5M No change
PG The Procter & Gamble Co. 2.01% 21,270 $3.5M Add +5.0%
JNJ Johnson & Johnson 1.95% 21,203 $3.4M Add +7.0%
VUG Vanguard Mrngstar GR ETF-Sui 1.84% 9,161 $3.2M Reduce -4.3%
VYM Vanguard High DVD Yield ETF 1.79% 25,381 $3.1M Reduce -4.1%
JPM JPMorgan Chase & Co. 1.67% 14,283 $2.9M Reduce -1.1%
IWM iShares Russell 2000 ETF 1.65% 13,456 $2.8M No change
IXUS iShares Core Intl Stock ETF 1.53% 38,761 $2.6M Reduce -0.6%
MDY State Street SPDR S&P Midcap 1.46% 4,495 $2.5M No change
ADP Automatic Data Processing 1.41% 9,699 $2.4M Reduce -0.6%
AGG iShares Core U.S. Aggregate 1.31% 22,889 $2.2M Reduce -6.2%
SPY SS SPDR S&P 500 ETF Trust-US 1.23% 4,049 $2.1M No change
CB Chubb Ltd. 1.14% 7,541 $2.0M Reduce -1.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.11% 15,555 $1.9M Add +4.5%
NKE Nike Inc. Class B 1.09% 19,837 $1.9M No change
SCHD Schwab US DVD Equity ETF 1.07% 22,847 $1.8M Reduce -2.7%
SCHX Schwab US Large-Cap ETF 1.03% 28,536 $1.8M No change
NAC Nuveen Ca QLTY Muni Inc. 0.95% 148,098 $1.6M Reduce -7.0%
EFA iShares MSCI Eafe ETF 0.95% 20,433 $1.6M No change
BRK.B Berkshire Hathaway Inc. Class B 0.92% 3,772 $1.6M Add +15.3%
PEP Pepsico Inc. 0.91% 8,912 $1.6M Add +20.1%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.87% 6,256 $1.5M No change
VTI VG Morningstar TS MKT ETF-US 0.85% 5,588 $1.5M Reduce -27.2%
KO The Coca-Cola Co. 0.81% 22,733 $1.4M Reduce -3.6%
RTX RTX Corp. 0.80% 14,121 $1.4M Add +4.5%
GOOG Alphabet Inc. Class C 0.78% 8,824 $1.3M No change
WFC Wells Fargo & Co. 0.77% 22,885 $1.3M Reduce -3.8%
GOOGL Alphabet Inc. Class A 0.74% 8,430 $1.3M Add +10.3%
VEA Vanguard Ftse Developed ETF 0.71% 24,150 $1.2M Add +5.9%
NEE Nextera Energy Inc. 0.66% 17,711 $1.1M Add +4.7%
RWR SS SPDR Dow Jones REIT ETF 0.66% 11,999 $1.1M No change
MCD McDonald's Corp. 0.65% 3,928 $1.1M Reduce -1.3%
QCOM Qualcomm Inc. 0.60% 6,062 $1.0M Add +9.0%
LIN Linde PLC 0.59% 2,184 $1.0M No change
V Visa Inc. Class A 0.58% 3,570 $996K Reduce -1.5%
VWO Vanguard Ftse Emerging Marke 0.57% 23,495 $981K Add +6.2%
AMZN Amazon.com Inc. 0.56% 5,289 $954K Add +20.5%
HON Honeywell International Inc. 0.54% 4,484 $920K No change
IWO iShares Russell 2000 Growth 0.50% 3,168 $858K Reduce -0.1%
CSX CSX Corp. 0.48% 22,398 $830K No change
NVS Novartis AG-Sponsored ADR 0.48% 8,504 $823K Add +8.1%
DE Deere & Co. 0.48% 2,001 $822K Reduce -0.7%
ORCL Oracle Corp. 0.47% 6,475 $813K Reduce -1.8%
INTC Intel Corp. 0.47% 18,244 $806K Add +23.9%
MRK Merck & Co. Inc. 0.46% 5,921 $781K Reduce -2.0%
SBUX Starbucks Corp. 0.45% 8,513 $778K Add +12.5%
USB US Bancorp 0.45% 17,381 $777K Add +13.0%
LOW Lowe's Cos Inc. 0.44% 2,969 $756K Add +9.3%
AVGO Broadcom Inc. 0.43% 563 $746K Add +4.1%
BDX Becton Dickinson and Co. 0.43% 2,979 $737K Reduce -0.3%
IJH iShares Core S&P Midcap ETF 0.42% 11,933 $725K Reduce -0.7%
SPGI S&P Global Inc. 0.41% 1,668 $710K Reduce -3.5%
SPIB SS SPDR P Int C Corp. ETF 0.41% 21,270 $695K Reduce -7.8%
CSCO Cisco Systems Inc. 0.40% 13,824 $690K Add +1.5%
TGT Target Corp. 0.40% 3,882 $688K No change
IEFA iShares Core MSCI Eafe ETF 0.40% 9,221 $684K Add +83.6%
SCHA Schwab US Small-Cap ETF 0.40% 13,844 $682K No change
CMI Cummins Inc. 0.39% 2,245 $661K Add +34.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.38% 3,445 $658K Add +3.0%
TMO Thermo Fisher Scientific Inc. 0.38% 1,122 $652K No change
VONG Vanguard Russell 1000 Growth 0.38% 7,493 $649K New
VONV Vanguard Russell 1000 Value 0.37% 8,037 $632K New
IJJ iShares S&P Mid-Cap 400 Valu 0.36% 5,290 $626K Add +0.6%
BMY Bristol-Myers Squibb Co. 0.36% 11,525 $625K Add +5.1%
HOG Harley-Davidson Inc. 0.36% 14,000 $612K No change
VZ Verizon Communications Inc. 0.35% 14,436 $606K Add +5.9%
IEMG iShares Core MSCI Emerging 0.35% 11,625 $600K Add +5.3%
PFE Pfizer Inc. 0.34% 21,167 $587K Add +43.6%
MUB iShares National Muni Bond E 0.34% 5,450 $586K No change
VXUS Vanguard Total Intl Stock 0.34% 9,712 $586K Reduce -8.4%
BSV Vanguard Short-Term Bond ETF 0.34% 7,521 $577K Reduce -5.9%
MCK McKesson Corp. 0.34% 1,074 $577K Reduce -2.3%
EEM iShares MSCI Emerging Market 0.33% 13,822 $568K Reduce -0.6%
AMGN Amgen Inc. 0.32% 1,928 $548K No change
PSX Phillips 66 0.32% 3,326 $543K Reduce -2.9%
BA The Boeing Co. 0.32% 2,814 $543K Add +16.6%
SUN Sunoco LP 0.32% 9,000 $543K No change
VOO Vanguard S&P 500 ETF 0.31% 1,113 $535K Reduce -3.0%
IJK iShares S&P Mid-Cap 400 Grow 0.30% 5,678 $518K Reduce -4.4%
ACN Accenture PLC Class A 0.30% 1,461 $506K Reduce -3.9%
MA Mastercard Inc. Class A 0.29% 1,047 $504K No change
IWN iShares Russell 2000 Value E 0.28% 3,025 $481K Add +3.6%
QUAL iShares MSCI USA Quality Fac 0.26% 2,731 $449K Reduce -9.4%
FDX FedEx Corp. 0.26% 1,548 $449K No change
GE General Electric 0.26% 2,534 $445K Add +8.6%
EXPD Expeditors Intl Wash Inc. 0.26% 3,615 $439K No change
CAT Caterpillar Inc. 0.25% 1,177 $431K No change
UPS United Parcel Service Class B 0.25% 2,854 $424K No change
ECL Ecolab Inc. 0.24% 1,795 $414K Reduce -5.7%
USIG iShares Broad Usd Investment 0.24% 7,960 $404K New
CP Canadian Pacific Kansas City 0.23% 4,551 $401K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.23% 1,579 $395K New
CVS CVS Health Corp. 0.23% 4,942 $394K Add +40.3%
IWF iShares Russell 1000 Growth 0.23% 1,150 $388K Reduce -6.8%
ZTS Zoetis Inc. 0.23% 2,287 $387K No change
VIG Vanguard Dividend Apprec ETF 0.22% 2,091 $382K No change
VNQ Vanguard Real Estate ETF 0.21% 4,256 $368K No change
SLF Sun Life Financial Inc. 0.21% 6,693 $365K No change
META Meta Platforms Inc. Class A 0.21% 740 $359K No change
IWS iShares Russell Mid-Cap Valu 0.21% 2,864 $359K No change
XPCQX PIMCO California Muni Inc. FD 0.20% 37,440 $350K No change
AXP American Express Co. 0.20% 1,539 $350K No change
PRF Invesco Rafi US 1000 ETF 0.19% 8,692 $334K Reduce -5.4%
CL Colgate-Palmolive Co. 0.18% 3,351 $302K New
PM Philip Morris International 0.17% 3,275 $300K No change
MDLZ Mondelez International Inc. Class A 0.17% 4,242 $297K No change
WMT Walmart Inc. 0.17% 4,852 $292K Reduce -0.3%
GIS General Mills Inc. 0.16% 3,978 $278K Reduce -0.8%
SRE Sempra 0.16% 3,850 $277K No change
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.16% 960 $275K No change
CPT Camden Property Trust 0.16% 2,740 $270K No change
MMM 3M Co. 0.16% 2,536 $269K Add +7.4%
CARR Carrier Global Corp. 0.15% 4,514 $262K No change
XLV SS Health Care Select Sector 0.15% 1,756 $259K No change
SAR Saratoga Investment Corp. 0.15% 11,000 $255K No change
NSC Norfolk Southern Corp. 0.15% 1,000 $255K No change
DKL Delek Logistics Partners LP 0.15% 6,100 $250K No change
VTWO Vanguard Russell 2000 ETF 0.14% 2,913 $248K New
CMCSA Comcast Corp. Class A 0.14% 5,698 $247K No change
AB Alliancebernstein Holding LP 0.14% 7,000 $243K No change
STT State Street Corp. 0.14% 3,102 $240K Add +17.7%
TIP iShares Tips Bond ETF 0.13% 2,150 $231K No change
MKC McCormick & Co.-Non VTG SHRS 0.13% 3,000 $230K No change
BLK BlackRock Finance Inc. 0.13% 276 $230K Reduce -6.8%
WY Weyerhaeuser Co. 0.13% 6,274 $225K Reduce -12.6%
HD Home Depot Inc. 0.13% 583 $224K No change
FBIN Fortune Brands Innovations I 0.12% 2,528 $214K New
DOW Dow Inc. 0.12% 3,643 $211K New
BKLN Invesco Senior Loan ETF 0.12% 9,836 $208K No change
IVW iShares S&P 500 Growth ETF 0.12% 2,456 $207K New
KMB Kimberly-Clark Corp. 0.12% 1,600 $207K New
USHY iShares Broad Usd High Yield 0.12% 5,589 $205K New
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.12% 1,091 $204K New
KNOP Knot Offshore Partners LP 0.04% 13,800 $71K No change

Portfolio Sells Q4 2023 → Q1 2024
VTI VG Morningstar TS MKT ETF-US Reduce -27.2% 0.85% −0.33
AGG iShares Core U.S. Aggregate Reduce -6.2% 1.31% −0.26
NAC Nuveen Ca QLTY Muni Inc. Reduce -7.0% 0.95% −0.19
DVY iShares Select Dividend ETF Sold out 0.00% −0.14
AMT American Tower Corp. Sold out 0.00% −0.13
VYM Vanguard High DVD Yield ETF Reduce -4.1% 1.79% −0.12
MCD McDonald's Corp. Reduce -1.3% 0.65% −0.12
IXUS iShares Core Intl Stock ETF Reduce -0.6% 1.53% −0.10
VTV Vanguard Mrngstr Val ETF-Aui Reduce -2.5% 2.11% −0.09
F Ford Motor Co. Sold out 0.00% −0.09
KO The Coca-Cola Co. Reduce -3.6% 0.81% −0.09
SPIB SS SPDR P Int C Corp. ETF Reduce -7.8% 0.41% −0.08
VUG Vanguard Mrngstar GR ETF-Sui Reduce -4.3% 1.84% −0.08
SCHD Schwab US DVD Equity ETF Reduce -2.7% 1.07% −0.08
SPGI S&P Global Inc. Reduce -3.5% 0.41% −0.08
BSV Vanguard Short-Term Bond ETF Reduce -5.9% 0.34% −0.06
VXUS Vanguard Total Intl Stock Reduce -8.4% 0.34% −0.06
ADP Automatic Data Processing Reduce -0.6% 1.41% −0.05
ACN Accenture PLC Class A Reduce -3.9% 0.30% −0.05
DE Deere & Co. Reduce -0.7% 0.48% −0.04
BDX Becton Dickinson and Co. Reduce -0.3% 0.43% −0.04
EEM iShares MSCI Emerging Market Reduce -0.6% 0.33% −0.03
WY Weyerhaeuser Co. Reduce -12.6% 0.13% −0.03
V Visa Inc. Class A Reduce -1.5% 0.58% −0.03
QUAL iShares MSCI USA Quality Fac Reduce -9.4% 0.26% −0.02
BLK BlackRock Finance Inc. Reduce -6.8% 0.13% −0.02
IWO iShares Russell 2000 Growth Reduce -0.1% 0.50% −0.02
IWF iShares Russell 1000 Growth Reduce -6.8% 0.23% −0.02
PRF Invesco Rafi US 1000 ETF Reduce -5.4% 0.19% −0.01
VOO Vanguard S&P 500 ETF Reduce -3.0% 0.31% −0.01
IJH iShares Core S&P Midcap ETF Reduce -0.7% 0.42% −0.01
GIS General Mills Inc. Reduce -0.8% 0.16% −0.01
ECL Ecolab Inc. Reduce -5.7% 0.24% −0.00
IJK iShares S&P Mid-Cap 400 Grow Reduce -4.4% 0.30% −0.00
WMT Walmart Inc. Reduce -0.3% 0.17% +0.01
MCK McKesson Corp. Reduce -2.3% 0.34% +0.01
WFC Wells Fargo & Co. Reduce -3.8% 0.77% +0.02
PSX Phillips 66 Reduce -2.9% 0.32% +0.02
CB Chubb Ltd. Reduce -1.3% 1.14% +0.03
ORCL Oracle Corp. Reduce -1.8% 0.47% +0.03
MRK Merck & Co. Inc. Reduce -2.0% 0.46% +0.03
JPM JPMorgan Chase & Co. Reduce -1.1% 1.67% +0.08

Portfolio Buys Q4 2023 → Q1 2024
MSFT Microsoft Corp. Add +7.6% 9.26% +0.75
VONG Vanguard Russell 1000 Growth New 0.38% +0.38
VONV Vanguard Russell 1000 Value New 0.37% +0.37
XOM Exxon Mobil Corp. Add +8.7% 2.20% +0.27
DIS The Walt Disney Co. Add +4.5% 1.11% +0.24
USIG iShares Broad Usd Investment New 0.24% +0.24
VO Vngrd Mrngstr MD-Cap ETF-Usd New 0.23% +0.23
CL Colgate-Palmolive Co. New 0.18% +0.18
BRK.B Berkshire Hathaway Inc. Class B Add +15.3% 0.92% +0.17
IEFA iShares Core MSCI Eafe ETF Add +83.6% 0.40% +0.17
VTWO Vanguard Russell 2000 ETF New 0.14% +0.14
CMI Cummins Inc. Add +34.8% 0.39% +0.13
AMZN Amazon.com Inc. Add +20.5% 0.56% +0.13
FBIN Fortune Brands Innovations I New 0.12% +0.12
DOW Dow Inc. New 0.12% +0.12
IVW iShares S&P 500 Growth ETF New 0.12% +0.12
KMB Kimberly-Clark Corp. New 0.12% +0.12
USHY iShares Broad Usd High Yield New 0.12% +0.12
MGC Vngrd Mrngstr MG Cap ETF-Usd New 0.12% +0.12
PG The Procter & Gamble Co. Add +5.0% 2.01% +0.10
PEP Pepsico Inc. Add +20.1% 0.91% +0.10
COST Costco Wholesale Corp. Add +3.2% 2.40% +0.08
QCOM Qualcomm Inc. Add +9.0% 0.60% +0.08
RTX RTX Corp. Add +4.5% 0.80% +0.07
PFE Pfizer Inc. Add +43.6% 0.34% +0.07
GE General Electric Add +8.6% 0.26% +0.07
GOOGL Alphabet Inc. Class A Add +10.3% 0.74% +0.05
LOW Lowe's Cos Inc. Add +9.3% 0.44% +0.05
CVS CVS Health Corp. Add +40.3% 0.23% +0.05
AVGO Broadcom Inc. Add +4.1% 0.43% +0.05
IBM Intl Business Machines Corp. Add +3.0% 0.38% +0.03
USB US Bancorp Add +13.0% 0.45% +0.02
VZ Verizon Communications Inc. Add +5.9% 0.35% +0.02
STT State Street Corp. Add +17.7% 0.14% +0.01
BMY Bristol-Myers Squibb Co. Add +5.1% 0.36% +0.00
VEA Vanguard Ftse Developed ETF Add +5.9% 0.71% +0.00
NEE Nextera Energy Inc. Add +4.7% 0.66% −0.00
INTC Intel Corp. Add +23.9% 0.47% −0.01
MMM 3M Co. Add +7.4% 0.16% −0.01
IEMG iShares Core MSCI Emerging Add +5.3% 0.35% −0.01
IWN iShares Russell 2000 Value E Add +3.6% 0.28% −0.01
VWO Vanguard Ftse Emerging Marke Add +6.2% 0.57% −0.01
SBUX Starbucks Corp. Add +12.5% 0.45% −0.02
IJJ iShares S&P Mid-Cap 400 Valu Add +0.6% 0.36% −0.02
NVS Novartis AG-Sponsored ADR Add +8.1% 0.48% −0.03
CSCO Cisco Systems Inc. Add +1.5% 0.40% −0.04
JNJ Johnson & Johnson Add +7.0% 1.95% −0.05
BA The Boeing Co. Add +16.6% 0.32% −0.09
CVX Chevron Corp. Add +0.3% 2.32% −0.10
AAPL Apple Inc. Add +0.9% 5.50% −1.27

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2026 183$253.0MMSFT, AAPL, ABBV, VUG, VTV
Q2 2026 190$256.3MAAPL, MSFT, ABBV, VTV, VUG
Q1 2026 176$232.0MMSFT, AAPL, ABBV, VTV, VUG
Q4 2025 172$239.8MMSFT, AAPL, ABBV, ABT, VTV
Q3 2025 174$242.2MMSFT, AAPL, ABBV, ABT, IXUS
Q2 2025 160$216.7MMSFT, AAPL, ABBV, ABT, MCD
Q1 2025 162$209.7MMSFT, AAPL, ABBV, ABT, MCD
Q4 2024 157$194.3MMSFT, AAPL, ABBV, COST, ABT
Q3 2024 156$194.6MMSFT, AAPL, ABBV, COST, ABT
Q2 2024 141$145.1MMSFT, AAPL, CVX, IWR, IVV
Q1 2024 143$171.6MMSFT, AAPL, ABBV, ABT, COST