Davidson Trust Co.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Davidson Trust Co. reported 156 stock positions worth $194.6 million. Its top holding was Microsoft (MSFT) at 8.5% of the portfolio, followed by Apple (AAPL, 7.2%) and Abbvie (ABBV, 4.2%). Compared with Q2 2024, it opened 18 new positions, sold out of 3, added to 80 and reduced 24. The biggest buy was Abbvie (ABBV, shares +208%) and the biggest sale iShares Russell Mid-Cap ETF (IWR, shares −0%).

Most Recent 13F
Q2 2026
Location
SEATTLE, WA
CIK
0001133119
Portfolio Value
$194.6M (Q3 2024)
SEC Filing
0001133119-24-000006 ↗ filed Nov 13, 2024

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $171.6M Q1 2024 Q2 2024: $145.1M Q2 2024 Q3 2024: $194.6M $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

Holdings 156 stocks · $194.6M
MSFT Microsoft Corp. 8.48% 38,342 $16.5M Add +34.1%
AAPL Apple Inc. 7.22% 60,332 $14.1M Add +17.5%
ABBV Abbvie Inc. 4.20% 41,403 $8.2M Add +207.6%
COST Costco Wholesale Corp. 2.54% 5,573 $4.9M Add +76.4%
ABT Abbott Laboratories 2.26% 38,661 $4.4M Add +171.4%
XOM Exxon Mobil Corp. 2.13% 35,306 $4.1M Add +186.1%
VTV Vanguard Mrngstr Val ETF-Aui 2.04% 22,713 $4.0M Add +22.9%
JNJ Johnson & Johnson 2.03% 24,426 $4.0M Add +32.3%
CVX Chevron Corp. 1.98% 26,108 $3.8M Add +7.2%
IVV iShares Core S&P 500 ETF 1.97% 6,663 $3.8M Add +6.5%
IWR iShares Russell Mid-Cap ETF 1.95% 42,971 $3.8M Reduce -0.3%
VUG Vanguard Mrngstar GR ETF-Sui 1.92% 9,723 $3.7M Add +29.9%
PG The Procter & Gamble Co. 1.80% 20,264 $3.5M Add +210.6%
VYM Vanguard High DVD Yield ETF 1.64% 24,895 $3.2M Add +28.4%
IWM iShares Russell 2000 ETF 1.52% 13,431 $3.0M Reduce -0.2%
JPM JPMorgan Chase & Co. 1.47% 13,565 $2.9M Add +24.6%
ADP Automatic Data Processing 1.41% 9,941 $2.8M Add +17.8%
IXUS iShares Core Intl Stock ETF 1.41% 37,756 $2.7M Add +10.3%
MDY State Street SPDR S&P Midcap 1.32% 4,495 $2.6M No change
AGG iShares Core U.S. Aggregate 1.19% 22,953 $2.3M Add +9.5%
SPY SS SPDR S&P 500 ETF Trust-US 1.19% 4,049 $2.3M No change
CB Chubb Ltd. 1.17% 7,865 $2.3M Add +24.5%
BRK.B Berkshire Hathaway Inc. Class B 1.16% 4,908 $2.3M Add +33.7%
RTX RTX Corp. 1.05% 16,912 $2.0M Add +13.2%
SCHX Schwab US Large-Cap ETF 0.99% 28,536 $1.9M No change
SCHD Schwab US DVD Equity ETF 0.97% 22,439 $1.9M Add +25.4%
NEE Nextera Energy Inc. 0.91% 20,885 $1.8M Add +6.7%
NAC Nuveen Ca QLTY Muni Inc. 0.90% 148,098 $1.8M No change
EFA iShares MSCI Eafe ETF 0.88% 20,433 $1.7M No change
KO The Coca-Cola Co. 0.87% 23,532 $1.7M Add +34.3%
NKE Nike Inc. Class B 0.85% 18,737 $1.7M New
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.85% 6,256 $1.6M No change
GOOG Alphabet Inc. Class C 0.83% 9,707 $1.6M Reduce -1.1%
VTI VG Morningstar TS MKT ETF-US 0.81% 5,588 $1.6M No change
PEP Pepsico Inc. 0.80% 9,187 $1.6M Add +2.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.79% 15,904 $1.5M Add +20.3%
GOOGL Alphabet Inc. Class A 0.76% 8,930 $1.5M Add +8.6%
VEA Vanguard Ftse Developed ETF 0.73% 27,033 $1.4M Add +38.3%
WFC Wells Fargo & Co. 0.70% 24,259 $1.4M Add +35.3%
MCD McDonald's Corp. 0.68% 4,350 $1.3M Add +37.0%
AVGO Broadcom Inc. 0.66% 7,438 $1.3M Add +40.1%
RWR SS SPDR Dow Jones REIT ETF 0.66% 11,999 $1.3M No change
NVS Novartis AG-Sponsored ADR 0.60% 10,201 $1.2M Add +21.0%
AMZN Amazon.com Inc. 0.59% 6,172 $1.2M Add +10.5%
V Visa Inc. Class A 0.58% 4,123 $1.1M Add +4.1%
VWO Vanguard Ftse Emerging Marke 0.56% 22,819 $1.1M Add +9.5%
LOW Lowe's Cos Inc. 0.56% 4,024 $1.1M Add +21.1%
SPGI S&P Global Inc. 0.55% 2,089 $1.1M Add +11.2%
VONG Vanguard Russell 1000 Growth 0.55% 11,146 $1.1M Add +0.1%
VONV Vanguard Russell 1000 Value 0.52% 12,097 $1.0M Add +0.5%
PFE Pfizer Inc. 0.51% 34,594 $1.0M Add +5.9%
ORCL Oracle Corp. 0.51% 5,786 $986K Reduce -3.4%
LIN Linde PLC 0.50% 2,047 $976K Reduce -3.2%
QCOM Qualcomm Inc. 0.50% 5,698 $969K Add +3.6%
HON Honeywell International Inc. 0.48% 4,549 $940K Reduce -1.1%
CMI Cummins Inc. 0.48% 2,892 $936K Add +24.5%
IEFA iShares Core MSCI Eafe ETF 0.46% 11,373 $888K No change
IWO iShares Russell 2000 Growth 0.46% 3,124 $887K Add +5.9%
DE Deere & Co. 0.45% 2,092 $873K Add +5.3%
CSCO Cisco Systems Inc. 0.41% 15,152 $806K Add +18.3%
USB US Bancorp 0.41% 17,574 $804K New
MRK Merck & Co. Inc. 0.41% 7,070 $803K Add +18.8%
CSX CSX Corp. 0.40% 22,340 $771K Add +15.2%
ACN Accenture PLC Class A 0.39% 2,149 $760K Add +18.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.38% 3,342 $739K Add +30.2%
SPIB SS SPDR P Int C Corp. ETF 0.37% 21,417 $722K Add +23.1%
ECL Ecolab Inc. 0.37% 2,794 $713K Add +21.5%
IJH iShares Core S&P Midcap ETF 0.36% 11,383 $709K Reduce -2.0%
BDX Becton Dickinson and Co. 0.35% 2,839 $684K Reduce -3.7%
IEMG iShares Core MSCI Emerging 0.35% 11,917 $684K Add +0.9%
SCHA Schwab US Small-Cap ETF 0.34% 12,794 $659K No change
BMY Bristol-Myers Squibb Co. 0.33% 12,557 $650K Add +1.6%
IJJ iShares S&P Mid-Cap 400 Valu 0.33% 5,247 $649K Add +16.7%
TMO Thermo Fisher Scientific Inc. 0.33% 1,042 $645K New
TGT Target Corp. 0.33% 4,094 $638K Add +0.2%
EEM iShares MSCI Emerging Market 0.32% 13,680 $627K Reduce -0.4%
USIG iShares Broad Usd Investment 0.32% 11,809 $621K Reduce -0.1%
MO Altria Group Inc. 0.31% 11,953 $610K Reduce -0.2%
VZ Verizon Communications Inc. 0.31% 13,363 $600K Add +13.7%
TSLA Tesla Inc. 0.31% 2,280 $597K Add +1.3%
BSV Vanguard Short-Term Bond ETF 0.31% 7,556 $595K Add +0.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.30% 2,246 $592K Add +0.4%
AMGN Amgen Inc. 0.30% 1,804 $581K Add +5.1%
GE General Electric filed as GE AEROSPACE 0.28% 2,920 $551K Add +24.7%
MUB iShares National Muni Bond E 0.28% 5,000 $543K Reduce -8.3%
MCK McKesson Corp. 0.27% 1,074 $531K No change
IJK iShares S&P Mid-Cap 400 Grow 0.27% 5,674 $522K Add +14.1%
CAT Caterpillar Inc. 0.27% 1,322 $517K Add +17.8%
MA Mastercard Inc. Class A 0.27% 1,047 $517K No change
VOO Vanguard S&P 500 ETF 0.26% 947 $500K Reduce -5.6%
IEI iShares 3-7 Year Treasury Bo 0.26% 4,172 $499K New
HOG Harley-Davidson Inc. 0.25% 12,700 $489K Add +111.7%
IWN iShares Russell 2000 Value E 0.25% 2,908 $485K Add +13.9%
QUAL iShares MSCI USA Quality Fac 0.25% 2,699 $484K Add +21.8%
SUN Sunoco LP 0.25% 9,000 $483K No change
BA The Boeing Co. 0.25% 3,177 $483K Add +17.6%
LLY Eli Lilly & Co. 0.24% 538 $477K New
EXPD Expeditors Intl Wash Inc. 0.24% 3,575 $470K Add +2.9%
ZTS Zoetis Inc. 0.23% 2,258 $441K No change
SBUX Starbucks Corp. 0.23% 4,499 $439K Add +53.9%
META Meta Platforms Inc. Class A 0.22% 740 $424K No change
LMBS First Trust Low Duration Opp 0.22% 8,561 $423K New
FDX FedEx Corp. 0.22% 1,545 $423K New
VIG Vanguard Dividend Apprec ETF 0.22% 2,123 $420K Add +1.5%
VNQ Vanguard Real Estate ETF 0.21% 4,256 $415K No change
IWF iShares Russell 1000 Growth 0.21% 1,093 $410K Add +3.8%
WMT Walmart Inc. 0.21% 5,057 $408K Add +1.5%
PSX Phillips 66 0.20% 3,036 $399K No change
PM Philip Morris International 0.20% 3,275 $398K No change
AXP American Express Co. 0.20% 1,449 $393K Reduce -4.3%
VTWO Vanguard Russell 2000 ETF 0.20% 4,340 $388K Add +0.4%
CP Canadian Pacific Kansas City 0.20% 4,516 $386K Reduce -0.8%
IWS iShares Russell Mid-Cap Valu 0.19% 2,839 $375K Reduce -0.9%
XPCQX PIMCO California Muni Inc. FD 0.19% 37,440 $373K No change
SLF Sun Life Financial Inc. 0.19% 6,383 $370K No change
CVS CVS Health Corp. 0.18% 5,608 $353K Add +24.8%
CPT Camden Property Trust 0.17% 2,735 $338K Reduce -4.8%
HD Home Depot Inc. 0.17% 825 $334K Add +9.4%
CGCP Cap Group Core Plus Income 0.17% 14,349 $332K New
CARR Carrier Global Corp. 0.17% 4,113 $331K Add +21.4%
CMCSA Comcast Corp. Class A 0.17% 7,851 $328K Add +4.9%
UPS United Parcel Service Class B 0.17% 2,365 $322K Reduce -6.6%
SRE Sempra 0.17% 3,850 $322K Reduce -5.2%
INTC Intel Corp. 0.16% 13,451 $316K Reduce -14.2%
PRF Invesco Rafi US 1000 ETF 0.16% 7,615 $309K New
MMM 3M Co. 0.16% 2,262 $309K Add +3.9%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.16% 960 $309K No change
ALL Allstate Corp. 0.16% 1,602 $304K New
USHY iShares Broad Usd High Yield 0.15% 7,950 $299K Reduce -4.0%
GIS General Mills Inc. 0.15% 3,978 $294K Add +6.2%
BLK BlackRock Finance Inc. 0.15% 308 $292K No change
CL Colgate-Palmolive Co. 0.15% 2,801 $291K New
K Kellanova 0.15% 3,553 $287K New
XLV SS Health Care Select Sector 0.14% 1,756 $270K No change
DKL Delek Logistics Partners LP 0.14% 6,100 $267K No change
WY Weyerhaeuser Co. 0.13% 7,743 $262K Reduce -1.1%
MDLZ Mondelez International Inc. Class A 0.13% 3,542 $261K Reduce -16.5%
SAR Saratoga Investment Corp. 0.13% 11,000 $255K No change
NSC Norfolk Southern Corp. 0.13% 1,000 $249K New
IVW iShares S&P 500 Growth ETF 0.13% 2,589 $248K Add +5.4%
MKC McCormick & Co.-Non VTG SHRS 0.13% 3,000 $247K No change
AB Alliancebernstein Holding LP 0.13% 7,000 $244K No change
T AT&T Inc. 0.12% 10,883 $239K New
DVY iShares Select Dividend ETF 0.12% 1,769 $239K New
TIP iShares Tips Bond ETF 0.12% 2,150 $238K No change
UNH Unitedhealth Group Inc. 0.12% 403 $236K No change
STT State Street Corp. 0.12% 2,611 $231K Reduce -14.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.12% 5,782 $229K New
SDY SS SPDR S&P Dividend ETF 0.12% 1,597 $227K No change
FBIN Fortune Brands Innovations I 0.12% 2,528 $226K New
ADI Analog Devices Inc. 0.12% 983 $226K Add +8.7%
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.12% 1,091 $225K No change
KMB Kimberly-Clark Corp. 0.11% 1,511 $215K No change
BKLN Invesco Senior Loan ETF 0.11% 9,836 $207K No change
CINF Cincinnati Financial Corp. 0.11% 1,504 $205K New
KNOP Knot Offshore Partners LP 0.05% 13,800 $95K No change

Portfolio Sells Q2 2024 → Q3 2024
IWR iShares Russell Mid-Cap ETF Reduce -0.3% 1.95% −0.46
GOOG Alphabet Inc. Class C Reduce -1.1% 0.83% −0.41
IWM iShares Russell 2000 ETF Reduce -0.2% 1.52% −0.36
IDEV iShares Core MSCI Dev MKTS Sold out 0.00% −0.30
VFMO Vanguard US Momentum Factor Sold out 0.00% −0.25
VB Vanguard Most SM-Cap ETF-Usd Sold out 0.00% −0.21
HON Honeywell International Inc. Reduce -1.1% 0.48% −0.19
INTC Intel Corp. Reduce -14.2% 0.16% −0.17
LIN Linde PLC Reduce -3.2% 0.50% −0.14
BDX Becton Dickinson and Co. Reduce -3.7% 0.35% −0.12
MUB iShares National Muni Bond E Reduce -8.3% 0.28% −0.12
IJH iShares Core S&P Midcap ETF Reduce -2.0% 0.36% −0.10
USIG iShares Broad Usd Investment Reduce -0.1% 0.32% −0.09
VOO Vanguard S&P 500 ETF Reduce -5.6% 0.26% −0.09
EEM iShares MSCI Emerging Market Reduce -0.4% 0.32% −0.08
ORCL Oracle Corp. Reduce -3.4% 0.51% −0.08
UPS United Parcel Service Class B Reduce -6.6% 0.17% −0.07
MO Altria Group Inc. Reduce -0.2% 0.31% −0.06
MDLZ Mondelez International Inc. Class A Reduce -16.5% 0.13% −0.06
USHY iShares Broad Usd High Yield Reduce -4.0% 0.15% −0.05
CP Canadian Pacific Kansas City Reduce -0.8% 0.20% −0.05
SRE Sempra Reduce -5.2% 0.17% −0.05
IWS iShares Russell Mid-Cap Valu Reduce -0.9% 0.19% −0.05
CPT Camden Property Trust Reduce -4.8% 0.17% −0.04
AXP American Express Co. Reduce -4.3% 0.20% −0.04
STT State Street Corp. Reduce -14.7% 0.12% −0.04
WY Weyerhaeuser Co. Reduce -1.1% 0.13% −0.02

Portfolio Buys Q2 2024 → Q3 2024
ABBV Abbvie Inc. Add +207.6% 4.20% +2.61
ABT Abbott Laboratories Add +171.4% 2.26% +1.24
XOM Exxon Mobil Corp. Add +186.1% 2.13% +1.15
PG The Procter & Gamble Co. Add +210.6% 1.80% +1.06
NKE Nike Inc. Class B New 0.85% +0.85
COST Costco Wholesale Corp. Add +76.4% 2.54% +0.69
USB US Bancorp New 0.41% +0.41
TMO Thermo Fisher Scientific Inc. New 0.33% +0.33
IEI iShares 3-7 Year Treasury Bo New 0.26% +0.26
LLY Eli Lilly & Co. New 0.24% +0.24
LMBS First Trust Low Duration Opp New 0.22% +0.22
FDX FedEx Corp. New 0.22% +0.22
JNJ Johnson & Johnson Add +32.3% 2.03% +0.17
CGCP Cap Group Core Plus Income New 0.17% +0.17
PRF Invesco Rafi US 1000 ETF New 0.16% +0.16
ALL Allstate Corp. New 0.16% +0.16
CL Colgate-Palmolive Co. New 0.15% +0.15
K Kellanova New 0.15% +0.15
BRK.B Berkshire Hathaway Inc. Class B Add +33.7% 1.16% +0.13
NSC Norfolk Southern Corp. New 0.13% +0.13
T AT&T Inc. New 0.12% +0.12
DVY iShares Select Dividend ETF New 0.12% +0.12
MCD McDonald's Corp. Add +37.0% 0.68% +0.12
BAC Bank of America Corp. New 0.12% +0.12
FBIN Fortune Brands Innovations I New 0.12% +0.12
HOG Harley-Davidson Inc. Add +111.7% 0.25% +0.11
CINF Cincinnati Financial Corp. New 0.11% +0.11
KO The Coca-Cola Co. Add +34.3% 0.87% +0.10
IBM Intl Business Machines Corp. Add +30.2% 0.38% +0.07
AVGO Broadcom Inc. Add +40.1% 0.66% +0.07
SBUX Starbucks Corp. Add +53.9% 0.23% +0.07
VEA Vanguard Ftse Developed ETF Add +38.3% 0.73% +0.07
VYM Vanguard High DVD Yield ETF Add +28.4% 1.64% +0.06
LOW Lowe's Cos Inc. Add +21.1% 0.56% +0.05
CB Chubb Ltd. Add +24.5% 1.17% +0.05
CMI Cummins Inc. Add +24.5% 0.48% +0.04
GE General Electric Add +24.7% 0.28% +0.03
ADP Automatic Data Processing Add +17.8% 1.41% +0.02
CARR Carrier Global Corp. Add +21.4% 0.17% +0.02
RTX RTX Corp. Add +13.2% 1.05% +0.02
SCHD Schwab US DVD Equity ETF Add +25.4% 0.97% +0.02
ACN Accenture PLC Class A Add +18.7% 0.39% +0.01
CAT Caterpillar Inc. Add +17.8% 0.27% +0.01
MMM 3M Co. Add +3.9% 0.16% +0.01
TSLA Tesla Inc. Add +1.3% 0.31% −0.00
CVS CVS Health Corp. Add +24.8% 0.18% −0.00
VTV Vanguard Mrngstr Val ETF-Aui Add +22.9% 2.04% −0.01
CSCO Cisco Systems Inc. Add +18.3% 0.41% −0.01
HD Home Depot Inc. Add +9.4% 0.17% −0.01
ECL Ecolab Inc. Add +21.5% 0.37% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
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