Davidson Trust Co.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 29, 2025), Davidson Trust Co. reported 162 stock positions worth $209.7 million. Its top holding was Microsoft (MSFT) at 7.4% of the portfolio, followed by Apple (AAPL, 6.3%) and Abbvie (ABBV, 4.2%). Compared with Q4 2024, it opened 11 new positions, sold out of 6, added to 65 and reduced 51. The biggest buy was McDonald's (MCD, shares +368%) and the biggest sale an exit from Schwab US DVD Equity ETF (SCHD).
- Most Recent 13F
- Q2 2026
- Location
- SEATTLE, WA
- CIK
- 0001133119
- Portfolio Value
- $209.7M (Q1 2025)
- SEC Filing
- 0001080107-25-000005 ↗ filed Apr 29, 2025
Holdings Value
Holdings 162 stocks · $209.7M
| MSFT Microsoft Corp. | 7.38% | 41,244 | $15.5M | Add +4.9% |
| AAPL Apple Inc. | 6.33% | 59,761 | $13.3M | Add +0.2% |
| ABBV Abbvie Inc. | 4.17% | 41,764 | $8.8M | Add +1.0% |
| ABT Abbott Laboratories | 3.28% | 51,801 | $6.9M | Add +34.0% |
| MCD McDonald's Corp. | 3.04% | 20,378 | $6.4M | Add +368.5% |
| COST Costco Wholesale Corp. | 2.42% | 5,372 | $5.1M | Reduce -5.0% |
| XOM Exxon Mobil Corp. | 2.30% | 40,491 | $4.8M | Add +13.3% |
| CVX Chevron Corp. | 2.09% | 26,160 | $4.4M | Add +0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.04% | 8,041 | $4.3M | Add +63.8% |
| IVV iShares Core S&P 500 ETF | 2.04% | 7,609 | $4.3M | Add +8.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.82% | 22,098 | $3.8M | Reduce -2.0% |
| JNJ Johnson & Johnson | 1.76% | 22,294 | $3.7M | Reduce -7.6% |
| IWR iShares Russell Mid-Cap ETF | 1.74% | 42,914 | $3.7M | Reduce -0.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.69% | 9,570 | $3.5M | Add +3.6% |
| PG The Procter & Gamble Co. | 1.68% | 20,635 | $3.5M | Add +2.0% |
| JPM JPMorgan Chase & Co. | 1.50% | 12,843 | $3.2M | Reduce -4.6% |
| VYM Vanguard High DVD Yield ETF | 1.49% | 24,154 | $3.1M | Add +2.1% |
| ADP Automatic Data Processing | 1.39% | 9,535 | $2.9M | Reduce -6.5% |
| IWM iShares Russell 2000 ETF | 1.28% | 13,431 | $2.7M | No change |
| IXUS iShares Core Intl Stock ETF | 1.20% | 36,193 | $2.5M | Reduce -5.1% |
| MDY State Street SPDR S&P Midcap | 1.14% | 4,495 | $2.4M | No change |
| CB Chubb Ltd. | 1.13% | 7,832 | $2.4M | Reduce -4.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.08% | 4,043 | $2.3M | Reduce -0.1% |
| AGG iShares Core U.S. Aggregate | 1.04% | 22,087 | $2.2M | Reduce -4.5% |
| RTX RTX Corp. | 1.02% | 16,159 | $2.1M | Reduce -4.8% |
| PEP Pepsico Inc. | 0.97% | 13,509 | $2.0M | Add +47.0% |
| SCHX Schwab US Large-Cap ETF | 0.90% | 85,608 | $1.9M | No change |
| GOOG Alphabet Inc. Class C | 0.90% | 12,063 | $1.9M | Add +24.3% |
| FTHI Fthi/First Trust Exchange-TR | 0.88% | 84,414 | $1.8M | New |
| VEA Vanguard Ftse Developed ETF | 0.81% | 33,245 | $1.7M | Add +18.2% |
| EFA iShares MSCI Eafe ETF | 0.80% | 20,433 | $1.7M | No change |
| NAC Nuveen Ca QLTY Muni Inc. | 0.79% | 148,098 | $1.7M | No change |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.77% | 6,256 | $1.6M | No change |
| WFC Wells Fargo & Co. | 0.76% | 22,228 | $1.6M | Reduce -8.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.76% | 5,767 | $1.6M | Add +3.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.72% | 15,325 | $1.5M | Reduce -2.9% |
| NEE Nextera Energy Inc. | 0.70% | 20,728 | $1.5M | Reduce -6.3% |
| KO The Coca-Cola Co. | 0.68% | 19,983 | $1.4M | Reduce -15.5% |
| V Visa Inc. Class A | 0.68% | 4,072 | $1.4M | Reduce -1.2% |
| HON Honeywell International Inc. | 0.67% | 6,637 | $1.4M | Add +45.9% |
| VWO Vanguard Ftse Emerging Marke | 0.66% | 30,359 | $1.4M | Add +33.9% |
| AMZN Amazon.com Inc. | 0.62% | 6,877 | $1.3M | Add +11.9% |
| GOOGL Alphabet Inc. Class A | 0.61% | 8,260 | $1.3M | Reduce -7.5% |
| IWF iShares Russell 1000 Growth | 0.60% | 3,506 | $1.3M | Add +255.6% |
| VZ Verizon Communications Inc. | 0.58% | 26,785 | $1.2M | Add +95.5% |
| NKE Nike Inc. Class B | 0.58% | 19,082 | $1.2M | Add +1.8% |
| VONG Vanguard Russell 1000 Growth | 0.57% | 12,857 | $1.2M | Reduce -0.7% |
| RWR SS SPDR Dow Jones REIT ETF | 0.57% | 11,999 | $1.2M | No change |
| VONV Vanguard Russell 1000 Value | 0.56% | 14,339 | $1.2M | Add +0.4% |
| PFE Pfizer Inc. | 0.56% | 46,604 | $1.2M | Add +17.5% |
| LOW Lowe's Cos Inc. | 0.53% | 4,776 | $1.1M | Add +11.5% |
| DVY iShares Select Dividend ETF | 0.53% | 8,281 | $1.1M | Add +368.1% |
| DE Deere & Co. | 0.52% | 2,337 | $1.1M | Add +11.7% |
| AVGO Broadcom Inc. | 0.52% | 6,502 | $1.1M | Reduce -14.2% |
| T AT&T Inc. | 0.48% | 35,841 | $1.0M | Add +211.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.45% | 12,513 | $947K | Reduce -1.0% |
| LIN Linde PLC | 0.43% | 1,940 | $903K | Reduce -5.2% |
| CSCO Cisco Systems Inc. | 0.43% | 14,591 | $900K | Reduce -3.1% |
| UNP Union Pacific Corp. | 0.42% | 3,750 | $886K | New |
| SPGI S&P Global Inc. | 0.42% | 1,742 | $885K | Reduce -21.6% |
| ORCL Oracle Corp. | 0.41% | 6,179 | $864K | Add +3.2% |
| BMY Bristol-Myers Squibb Co. | 0.41% | 14,064 | $858K | Add +10.1% |
| QCOM Qualcomm Inc. | 0.40% | 5,448 | $837K | Reduce -4.4% |
| CMI Cummins Inc. | 0.40% | 2,652 | $831K | Reduce -9.9% |
| IWO iShares Russell 2000 Growth | 0.38% | 3,095 | $791K | Add +2.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.37% | 3,162 | $786K | Add +6.0% |
| CSX CSX Corp. | 0.37% | 26,158 | $770K | Add +17.1% |
| MCO Moody's Corp. | 0.36% | 1,641 | $764K | New |
| MO Altria Group Inc. | 0.35% | 12,153 | $729K | Reduce -4.4% |
| USB US Bancorp | 0.35% | 17,273 | $729K | Reduce -1.7% |
| USIG iShares Broad Usd Investment | 0.35% | 14,267 | $729K | Add +0.7% |
| META Meta Platforms Inc. Class A | 0.34% | 1,255 | $723K | Add +69.6% |
| LLY Eli Lilly & Co. | 0.34% | 855 | $706K | Add +59.8% |
| MRK Merck & Co. Inc. | 0.34% | 7,852 | $705K | Add +2.1% |
| WMT Walmart Inc. | 0.33% | 7,996 | $702K | Add +62.0% |
| ACN Accenture PLC Class A | 0.32% | 2,155 | $672K | Reduce -6.6% |
| ECL Ecolab Inc. | 0.32% | 2,651 | $672K | Reduce -13.0% |
| SPIB SS SPDR P Int C Corp. ETF | 0.32% | 20,201 | $671K | Reduce -6.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.32% | 2,576 | $666K | No change |
| IEMG iShares Core MSCI Emerging | 0.31% | 12,146 | $656K | Add +2.1% |
| SO The Southern Co. | 0.31% | 7,045 | $648K | New |
| BDX Becton Dickinson and Co. | 0.30% | 2,789 | $639K | Reduce -6.1% |
| GE General Electric filed as GE AEROSPACE | 0.30% | 3,136 | $628K | Add +9.8% |
| TSLA Tesla Inc. | 0.29% | 2,340 | $606K | Add +2.6% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.29% | 5,032 | $602K | Reduce -0.2% |
| SCHA Schwab US Small-Cap ETF | 0.29% | 25,588 | $600K | No change |
| EEM iShares MSCI Emerging Market | 0.28% | 13,613 | $595K | No change |
| MCK McKesson Corp. | 0.28% | 874 | $588K | Reduce -18.6% |
| MA Mastercard Inc. Class A | 0.27% | 1,047 | $574K | No change |
| NVS Novartis AG-Sponsored ADR | 0.27% | 5,137 | $573K | Reduce -52.9% |
| BSV Vanguard Short-Term Bond ETF | 0.27% | 7,290 | $571K | Reduce -3.3% |
| PLD Prologis Inc. | 0.27% | 5,085 | $568K | New |
| MUB iShares National Muni Bond E | 0.25% | 5,000 | $527K | No change |
| AXP American Express Co. | 0.25% | 1,959 | $527K | Add +18.8% |
| SUN Sunoco LP | 0.25% | 9,000 | $523K | No change |
| TMO Thermo Fisher Scientific Inc. | 0.25% | 1,042 | $518K | No change |
| PM Philip Morris International | 0.24% | 3,215 | $510K | Reduce -5.9% |
| VOO Vanguard S&P 500 ETF | 0.24% | 973 | $500K | Add +6.8% |
| SBUX Starbucks Corp. | 0.23% | 4,954 | $486K | Add +24.8% |
| BA The Boeing Co. | 0.23% | 2,807 | $479K | Reduce -11.7% |
Portfolio Sells Q4 2024 → Q1 2025
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −0.98 |
| AVGO Broadcom Inc. | Reduce -14.2% | 0.52% | −0.39 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.36 |
| NVS Novartis AG-Sponsored ADR | Reduce -52.9% | 0.27% | −0.27 |
| GOOGL Alphabet Inc. Class A | Reduce -7.5% | 0.61% | −0.26 |
| COST Costco Wholesale Corp. | Reduce -5.0% | 2.42% | −0.24 |
| LMBS First Trust Low Duration Opp | Sold out | 0.00% | −0.21 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.1% | 1.74% | −0.21 |
| HOG Harley-Davidson Inc. | Sold out | 0.00% | −0.20 |
| DIS The Walt Disney Co. | Reduce -2.9% | 0.72% | −0.18 |
| CGCP Cap Group Core Plus Income | Sold out | 0.00% | −0.16 |
| JPM JPMorgan Chase & Co. | Reduce -4.6% | 1.50% | −0.16 |
| K Kellanova | Sold out | 0.00% | −0.15 |
| SPGI S&P Global Inc. | Reduce -21.6% | 0.42% | −0.15 |
| ADP Automatic Data Processing | Reduce -6.5% | 1.39% | −0.15 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -2.0% | 1.82% | −0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.1% | 1.08% | −0.14 |
| CMI Cummins Inc. | Reduce -9.9% | 0.40% | −0.13 |
| WFC Wells Fargo & Co. | Reduce -8.7% | 0.76% | −0.12 |
| VONG Vanguard Russell 1000 Growth | Reduce -0.7% | 0.57% | −0.12 |
| NEE Nextera Energy Inc. | Reduce -6.3% | 0.70% | −0.12 |
| AGG iShares Core U.S. Aggregate | Reduce -4.5% | 1.04% | −0.11 |
| ACN Accenture PLC Class A | Reduce -6.6% | 0.32% | −0.10 |
| IXUS iShares Core Intl Stock ETF | Reduce -5.1% | 1.20% | −0.09 |
| USB US Bancorp | Reduce -1.7% | 0.35% | −0.08 |
| KO The Coca-Cola Co. | Reduce -15.5% | 0.68% | −0.08 |
| XPCQX PIMCO California Muni Inc. FD | Reduce -30.2% | 0.11% | −0.06 |
| BA The Boeing Co. | Reduce -11.7% | 0.23% | −0.06 |
| BLK BlackRock Inc. | Reduce -26.0% | 0.10% | −0.06 |
| QCOM Qualcomm Inc. | Reduce -4.4% | 0.40% | −0.05 |
| ECL Ecolab Inc. | Reduce -13.0% | 0.32% | −0.05 |
| FDX FedEx Corp. | Reduce -0.1% | 0.18% | −0.04 |
| SRE Sempra | Reduce -0.2% | 0.13% | −0.04 |
| SPIB SS SPDR P Int C Corp. ETF | Reduce -6.0% | 0.32% | −0.04 |
| BDX Becton Dickinson and Co. | Reduce -6.1% | 0.30% | −0.04 |
| VTWO Vanguard Russell 2000 ETF | Reduce -2.2% | 0.18% | −0.04 |
| ALL Allstate Corp. | Reduce -23.7% | 0.12% | −0.04 |
| IJJ iShares S&P Mid-Cap 400 Valu | Reduce -0.2% | 0.29% | −0.04 |
| CB Chubb Ltd. | Reduce -4.2% | 1.13% | −0.04 |
| MCK McKesson Corp. | Reduce -18.6% | 0.28% | −0.03 |
| JNJ Johnson & Johnson | Reduce -7.6% | 1.76% | −0.03 |
| CSCO Cisco Systems Inc. | Reduce -3.1% | 0.43% | −0.03 |
| BSV Vanguard Short-Term Bond ETF | Reduce -3.3% | 0.27% | −0.03 |
| STT State Street Corp. | Reduce -1.9% | 0.11% | −0.02 |
| USHY iShares Broad Usd High Yield | Reduce -5.0% | 0.15% | −0.02 |
| IWS iShares Russell Mid-Cap Valu | Reduce -1.0% | 0.17% | −0.02 |
| PRF Invesco Rafi US 1000 ETF | Reduce -5.6% | 0.13% | −0.02 |
| AMGN Amgen Inc. | Reduce -15.8% | 0.22% | −0.02 |
| CPT Camden Property Trust | Reduce -6.2% | 0.15% | −0.01 |
| LIN Linde PLC | Reduce -5.2% | 0.43% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| MCD McDonald's Corp. | Add +368.5% | 3.04% | +2.39 |
| ABT Abbott Laboratories | Add +34.0% | 3.28% | +1.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +63.8% | 2.04% | +0.90 |
| FTHI Fthi/First Trust Exchange-TR | New | 0.88% | +0.88 |
| UNP Union Pacific Corp. | New | 0.42% | +0.42 |
| DVY iShares Select Dividend ETF | Add +368.1% | 0.53% | +0.41 |
| IWF iShares Russell 1000 Growth | Add +255.6% | 0.60% | +0.40 |
| ABBV Abbvie Inc. | Add +1.0% | 4.17% | +0.39 |
| MCO Moody's Corp. | New | 0.36% | +0.36 |
| T AT&T Inc. | Add +211.3% | 0.48% | +0.35 |
| XOM Exxon Mobil Corp. | Add +13.3% | 2.30% | +0.32 |
| SO The Southern Co. | New | 0.31% | +0.31 |
| VZ Verizon Communications Inc. | Add +95.5% | 0.58% | +0.30 |
| PLD Prologis Inc. | New | 0.27% | +0.27 |
| PEP Pepsico Inc. | Add +47.0% | 0.97% | +0.25 |
| YUM Yum! Brands Inc. | New | 0.20% | +0.20 |
| BP BP PLC-Spons ADR | New | 0.19% | +0.19 |
| SHEL Shell PLC-ADR | New | 0.16% | +0.16 |
| SLB SLB Ltd. | New | 0.15% | +0.15 |
| ITW Illinois Tool Works | New | 0.15% | +0.15 |
| CVX Chevron Corp. | Add +0.5% | 2.09% | +0.15 |
| VWO Vanguard Ftse Emerging Marke | Add +33.9% | 0.66% | +0.14 |
| HON Honeywell International Inc. | Add +45.9% | 0.67% | +0.14 |
| LLY Eli Lilly & Co. | Add +59.8% | 0.34% | +0.12 |
| META Meta Platforms Inc. Class A | Add +69.6% | 0.34% | +0.12 |
| VEA Vanguard Ftse Developed ETF | Add +18.2% | 0.81% | +0.11 |
| WMT Walmart Inc. | Add +62.0% | 0.33% | +0.11 |
| GILD Gilead Sciences Inc. | New | 0.10% | +0.10 |
| NSC Norfolk Southern Corp. | Add +92.5% | 0.22% | +0.10 |
| DE Deere & Co. | Add +11.7% | 0.52% | +0.07 |
| GE General Electric | Add +9.8% | 0.30% | +0.05 |
| SBUX Starbucks Corp. | Add +24.8% | 0.23% | +0.05 |
| IBM Intl Business Machines Corp. | Add +6.0% | 0.37% | +0.04 |
| MMM 3M Co. | Add +20.0% | 0.18% | +0.04 |
| BMY Bristol-Myers Squibb Co. | Add +10.1% | 0.41% | +0.04 |
| PFE Pfizer Inc. | Add +17.5% | 0.56% | +0.02 |
| MDLZ Mondelez International Inc. Class A | Add +11.9% | 0.14% | +0.02 |
| ADI Analog Devices Inc. | Add +26.6% | 0.12% | +0.01 |
| INTC Intel Corp. | Add +2.9% | 0.15% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +8.2% | 0.20% | +0.00 |
| PSX Phillips 66 | Add +0.9% | 0.18% | +0.00 |
| TIP iShares Tips Bond ETF | Add +3.2% | 0.12% | −0.00 |
| AXP American Express Co. | Add +18.8% | 0.25% | −0.00 |
| WY Weyerhaeuser Co. | Add +1.6% | 0.11% | −0.00 |
| CMCSA Comcast Corp. Class A | Add +7.8% | 0.15% | −0.00 |
| CSX CSX Corp. | Add +17.1% | 0.37% | −0.00 |
| GEV GE Vernova Inc. | Add +9.5% | 0.12% | −0.01 |
| IEMG iShares Core MSCI Emerging | Add +2.1% | 0.31% | −0.01 |
| ZTS Zoetis Inc. | Add +0.9% | 0.18% | −0.01 |
| BAC Bank of America Corp. | Add +3.5% | 0.12% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 190 | $256.3M | AAPL, MSFT, ABBV, VTV, VUG |
| Q1 2026 | 176 | $232.0M | MSFT, AAPL, ABBV, VTV, VUG |
| Q4 2025 | 172 | $239.8M | MSFT, AAPL, ABBV, ABT, VTV |
| Q3 2025 | 174 | $242.2M | MSFT, AAPL, ABBV, ABT, IXUS |
| Q2 2025 | 160 | $216.7M | MSFT, AAPL, ABBV, ABT, MCD |
| Q1 2025 | 162 | $209.7M | MSFT, AAPL, ABBV, ABT, MCD |
| Q4 2024 | 157 | $194.3M | MSFT, AAPL, ABBV, COST, ABT |
| Q3 2024 | 156 | $194.6M | MSFT, AAPL, ABBV, COST, ABT |
| Q2 2024 | 141 | $145.1M | MSFT, AAPL, CVX, IWR, IVV |
| Q1 2024 | 143 | $171.6M | MSFT, AAPL, ABBV, ABT, COST |