Davis R M Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Davis R M Inc. reported 274 stock positions worth $5.8 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 5.6% of the portfolio, followed by Apple (AAPL, 5.3%) and Alphabet Class A (GOOGL, 4.8%). Compared with Q3 2025, it opened 17 new positions, sold out of 14, added to 100 and reduced 119. The biggest buy was Vanguard Ftse Developed ETF (VEA, shares +14%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, ME
- CIK
- 0000891287
- Portfolio Value
- $5.8B (Q4 2025)
- SEC Filing
- 0000891287-26-000002 ↗ filed Feb 12, 2026
Holdings Value
Holdings 274 stocks · $5.8B
| SPY SS SPDR S&P 500 ETF Trust-US | 5.63% | 479,737 | $327.1M | Reduce -14.2% |
| AAPL Apple Inc. | 5.28% | 1,128,190 | $306.7M | Reduce -0.5% |
| GOOGL Alphabet Inc. Class A | 4.85% | 899,580 | $281.6M | Reduce -1.1% |
| NVDA Nvidia Corp. | 4.56% | 1,419,356 | $264.7M | Reduce -1.5% |
| IJH iShares Core S&P Midcap ETF | 4.06% | 3,569,736 | $235.6M | Add +10.7% |
| MSFT Microsoft Corp. | 3.80% | 456,522 | $220.8M | Add +1.3% |
| APH Amphenol Corp. Class A | 3.20% | 1,375,500 | $185.9M | Reduce -2.2% |
| VEA Vanguard Ftse Developed ETF | 2.67% | 2,482,285 | $155.1M | Add +14.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.62% | 589,056 | $151.9M | Add +13.3% |
| AMZN Amazon.com Inc. | 2.58% | 648,382 | $149.7M | Add +1.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.23% | 257,727 | $129.5M | Reduce -0.6% |
| PANW Palo Alto Networks Inc. | 2.19% | 691,948 | $127.5M | Reduce -0.9% |
| JPM JPMorgan Chase & Co. | 2.04% | 368,096 | $118.6M | Add +0.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.79% | 677,518 | $104.1M | Reduce -0.8% |
| V Visa Inc. Class A | 1.78% | 294,883 | $103.4M | Add +0.6% |
| COST Costco Wholesale Corp. | 1.60% | 107,740 | $92.9M | Add +0.1% |
| INTU Intuit Inc. | 1.56% | 136,879 | $90.7M | Reduce -0.6% |
| META Meta Platforms Inc. Class A | 1.43% | 125,847 | $83.1M | Add +1.3% |
| CB Chubb Ltd. | 1.33% | 247,925 | $77.4M | Reduce -0.6% |
| TMO Thermo Fisher Scientific Inc. | 1.24% | 124,131 | $71.9M | Reduce -1.4% |
| DHR Danaher Corp. | 1.23% | 311,473 | $71.3M | Reduce -1.6% |
| WCN Waste Connections Inc. | 1.18% | 390,930 | $68.6M | Reduce -1.4% |
| LLY Eli Lilly & Co. | 1.12% | 60,287 | $64.8M | Add +1.5% |
| AME Ametek Inc. | 1.10% | 311,315 | $63.9M | Reduce -2.0% |
| IDXX Idexx Laboratories Inc. | 1.09% | 93,483 | $63.2M | Reduce -2.2% |
| TTWO Take-Two Interactive Softwre | 1.08% | 244,482 | $62.6M | Reduce -2.7% |
| LIN Linde PLC | 1.07% | 145,862 | $62.2M | Reduce -0.1% |
| IWV iShares Russell 3000 ETF | 1.06% | 159,675 | $61.8M | Add +0.0% |
| RTX RTX Corp. | 1.03% | 326,531 | $59.9M | Reduce -1.7% |
| ETN Eaton Corp. PLC | 1.01% | 184,151 | $58.7M | Reduce -2.1% |
| NEE Nextera Energy Inc. | 0.96% | 692,971 | $55.6M | Reduce -1.3% |
| HD Home Depot Inc. | 0.94% | 159,039 | $54.7M | Add +1.9% |
| ASML ASML Holding NV-NY Reg SHS | 0.93% | 50,455 | $54.0M | Reduce -0.3% |
| XOM Exxon Mobil Corp. | 0.93% | 447,603 | $53.9M | Reduce -0.4% |
| MTD Mettler-Toledo International | 0.90% | 37,298 | $52.0M | Reduce -2.1% |
| AVGO Broadcom Inc. | 0.89% | 148,706 | $51.5M | Add +45.4% |
| AMT American Tower Corp. | 0.86% | 285,147 | $50.1M | Reduce -0.8% |
| JNJ Johnson & Johnson | 0.86% | 239,981 | $49.7M | Add +11.4% |
| GS Goldman Sachs Group Inc. | 0.85% | 56,120 | $49.3M | Add +1.8% |
| SYK Stryker Corp. | 0.84% | 138,916 | $48.8M | Add +0.1% |
| PG The Procter & Gamble Co. | 0.79% | 320,770 | $46.0M | Add +0.8% |
| GOOG Alphabet Inc. Class C | 0.78% | 144,852 | $45.5M | Reduce -1.6% |
| PEP Pepsico Inc. | 0.78% | 313,930 | $45.1M | Reduce -2.3% |
| AON Aon PLC Class A | 0.77% | 126,495 | $44.6M | Add +0.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.75% | 788,161 | $43.3M | Add +9.7% |
| TSCO Tractor Supply Company | 0.73% | 842,337 | $42.1M | Add +0.2% |
| QCOM Qualcomm Inc. | 0.73% | 246,258 | $42.1M | Reduce -1.3% |
| PSX Phillips 66 | 0.72% | 323,879 | $41.8M | Reduce -3.5% |
| MRVL Marvell Technology Inc. | 0.70% | 480,441 | $40.8M | Reduce -31.6% |
| AWK American Water Works Co. Inc. | 0.68% | 304,035 | $39.7M | Reduce -1.7% |
| VEU Vanguard Ftse All-World Ex-U | 0.66% | 518,114 | $38.1M | Reduce -1.6% |
| ROP Roper Technologies Inc. | 0.64% | 83,172 | $37.0M | Reduce -6.6% |
| GE General Electric filed as GE AEROSPACE | 0.63% | 119,015 | $36.7M | Add +2.7% |
| UNP Union Pacific Corp. | 0.63% | 157,229 | $36.4M | Add +0.2% |
| NOC Northrop Grumman Corp. | 0.58% | 58,876 | $33.6M | Reduce -1.0% |
| COP Conocophillips | 0.57% | 356,043 | $33.3M | Reduce -3.1% |
| BSCR Invesco Bulletshares 2027 CB | 0.57% | 1,665,961 | $32.9M | Add +1.9% |
| ROK Rockwell Automation Inc. | 0.56% | 83,532 | $32.5M | Reduce -7.7% |
| ISRG Intuitive Surgical Inc. | 0.54% | 55,638 | $31.5M | Add +7.8% |
| NFLX Netflix Inc. | 0.46% | 283,977 | $26.6M | Add +0.3% |
| SHW The Sherwin-Williams Co. | 0.45% | 81,173 | $26.3M | Add +0.2% |
| BSCQ Invesco Bulletshares 2026 CB | 0.45% | 1,339,483 | $26.2M | Add +0.2% |
| MDT Medtronic PLC | 0.45% | 270,444 | $26.0M | Add +1.1% |
| BSCS Invesco Bulletshares 2028 CB | 0.43% | 1,205,579 | $24.8M | Add +41.6% |
| DE Deere & Co. | 0.41% | 51,644 | $24.0M | Add +1.0% |
| NOW ServiceNow Inc. | 0.40% | 153,459 | $23.5M | Reduce -10.5% |
| EQIX Equinix Inc. | 0.39% | 29,873 | $22.9M | Reduce -5.6% |
| IWB iShares Russell 1000 ETF | 0.39% | 60,692 | $22.7M | Add +0.9% |
| ECL Ecolab Inc. | 0.33% | 72,603 | $19.1M | Reduce -5.2% |
| MUNI PIMCO Intermediate Municipal | 0.30% | 333,667 | $17.5M | Add +7.6% |
| RBC RBC Bearings Inc. | 0.30% | 38,983 | $17.5M | Reduce -4.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.30% | 51,547 | $17.3M | Reduce -5.5% |
| CME Cme Group Inc. | 0.26% | 55,111 | $15.0M | Reduce -9.0% |
| TOL Toll Brothers Inc. | 0.25% | 107,432 | $14.5M | Reduce -9.4% |
| BSCT Invesco Bulletshares 2029 CB | 0.24% | 734,881 | $13.8M | Add +13.0% |
| ACN Accenture PLC Class A | 0.21% | 46,436 | $12.5M | Reduce -24.0% |
| BSCU Invesco Bulletshares 2030 CB | 0.21% | 730,328 | $12.4M | Add +56.5% |
| CAT Caterpillar Inc. | 0.17% | 17,082 | $9.8M | Add +75.0% |
| MCHP Microchip Technology Inc. | 0.16% | 148,161 | $9.4M | Reduce -15.2% |
| MKC McCormick & Co.-Non VTG SHRS | 0.13% | 106,559 | $7.3M | Reduce -2.8% |
| VIG Vanguard Dividend Apprec ETF | 0.12% | 32,597 | $7.2M | Add +1.7% |
| XLY SS Consumer Disc Select Sect | 0.11% | 55,902 | $6.7M | Reduce -0.9% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.11% | 125,361 | $6.6M | Reduce -5.6% |
| ADP Automatic Data Processing | 0.11% | 24,450 | $6.3M | Reduce -8.3% |
| VOO Vanguard S&P 500 ETF | 0.10% | 8,935 | $5.6M | Add +10.5% |
| SCHF Schwab Intl Equity ETF | 0.10% | 231,974 | $5.6M | No change |
| IWF iShares Russell 1000 Growth | 0.09% | 11,107 | $5.3M | Add +1.7% |
| VWO Vanguard Ftse Emerging Marke | 0.09% | 95,092 | $5.1M | Reduce -1.5% |
| CVX Chevron Corp. | 0.07% | 28,278 | $4.3M | Add +4.2% |
| MDY State Street SPDR S&P Midcap | 0.07% | 6,807 | $4.1M | Reduce -1.7% |
| IVV iShares Core S&P 500 ETF | 0.07% | 5,947 | $4.1M | Reduce -3.7% |
| ORCL Oracle Corp. | 0.07% | 20,200 | $3.9M | Add +0.5% |
| ABBV Abbvie Inc. | 0.07% | 17,025 | $3.9M | Add +9.6% |
| MCD McDonald's Corp. | 0.06% | 11,756 | $3.6M | Add +0.8% |
| CL Colgate-Palmolive Co. | 0.06% | 43,618 | $3.4M | Reduce -69.5% |
| BSCV Invesco Bulletshares 2031 CB | 0.05% | 189,508 | $3.2M | Add +64.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.05% | 6,282 | $3.1M | Reduce -1.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.05% | 10,331 | $3.1M | Reduce -3.8% |
| ESGV Vanguard ESG US Stock ETF | 0.05% | 24,634 | $3.0M | Add +0.9% |
| VSGX Vanguard ESG Intl Stock ETF | 0.05% | 40,332 | $2.9M | Add +12.3% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $388K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 310 | $388K | No change |
Total filed on the 13F, all lines: $5.8B.
Portfolio Sells Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -14.2% | 5.63% | −0.88 |
| MRVL Marvell Technology Inc. | Reduce -31.6% | 0.70% | −0.33 |
| PANW Palo Alto Networks Inc. | Reduce -0.9% | 2.19% | −0.29 |
| BSCP Invesco Bulletshares 2025 CB | Sold out | 0.00% | −0.27 |
| ZTS Zoetis Inc. | Reduce -93.5% | 0.01% | −0.25 |
| ETN Eaton Corp. PLC | Reduce -2.1% | 1.01% | −0.22 |
| NOW ServiceNow Inc. | Reduce -10.5% | 0.40% | −0.15 |
| NVDA Nvidia Corp. | Reduce -1.5% | 4.56% | −0.14 |
| LIN Linde PLC | Reduce -0.1% | 1.07% | −0.14 |
| CL Colgate-Palmolive Co. | Reduce -69.5% | 0.06% | −0.14 |
| ROP Roper Technologies Inc. | Reduce -6.6% | 0.64% | −0.14 |
| AMT American Tower Corp. | Reduce -0.8% | 0.86% | −0.10 |
| INTU Intuit Inc. | Reduce -0.6% | 1.56% | −0.08 |
| PSX Phillips 66 | Reduce -3.5% | 0.72% | −0.08 |
| AWK American Water Works Co. Inc. | Reduce -1.7% | 0.68% | −0.07 |
| TTWO Take-Two Interactive Softwre | Reduce -2.7% | 1.08% | −0.06 |
| NOC Northrop Grumman Corp. | Reduce -1.0% | 0.58% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.6% | 2.23% | −0.05 |
| ACN Accenture PLC Class A | Reduce -24.0% | 0.21% | −0.05 |
| EQIX Equinix Inc. | Reduce -5.6% | 0.39% | −0.04 |
| ECL Ecolab Inc. | Reduce -5.2% | 0.33% | −0.04 |
| WCN Waste Connections Inc. | Reduce -1.4% | 1.18% | −0.04 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.04 |
| TOL Toll Brothers Inc. | Reduce -9.4% | 0.25% | −0.04 |
| COP Conocophillips | Reduce -3.1% | 0.57% | −0.03 |
| MCHP Microchip Technology Inc. | Reduce -15.2% | 0.16% | −0.03 |
| SMMU PIMCO SHRT TRM Muni BND ETF | Reduce -45.8% | 0.03% | −0.03 |
| ADP Automatic Data Processing | Reduce -8.3% | 0.11% | −0.03 |
| CME Cme Group Inc. | Reduce -9.0% | 0.26% | −0.03 |
| DIS The Walt Disney Co. | Reduce -31.2% | 0.04% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -5.5% | 0.30% | −0.02 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Sold out | 0.00% | −0.02 |
| BND Vanguard Total Bond Market | Reduce -56.7% | 0.01% | −0.01 |
| PEP Pepsico Inc. | Reduce -2.3% | 0.78% | −0.01 |
| UNH Unitedhealth Group Inc. | Reduce -34.7% | 0.02% | −0.01 |
| JKHY Jack Henry & Associates Inc. | Sold out | 0.00% | −0.01 |
| STE Steris PLC | Sold out | 0.00% | −0.01 |
| IEMG iShares Core MSCI Emerging | Sold out | 0.00% | −0.01 |
| NKE Nike Inc. Class B | Reduce -10.3% | 0.04% | −0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -5.6% | 0.11% | −0.01 |
| USB US Bancorp | Reduce -27.9% | 0.03% | −0.01 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.01 |
| NDSN Nordson Corp. | Reduce -17.9% | 0.04% | −0.01 |
| UPS United Parcel Service Class B | Reduce -51.5% | 0.01% | −0.01 |
| AVDV Avantis Intl S/C Value ETF | Sold out | 0.00% | −0.01 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.01 |
| OSK Oshkosh Corp. | Reduce -7.4% | 0.04% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -18.5% | 0.02% | −0.01 |
| DD Dupont DE Nemours Inc. | Reduce -15.9% | 0.00% | −0.00 |
| SBUX Starbucks Corp. | Reduce -9.6% | 0.03% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| VEA Vanguard Ftse Developed ETF | Add +14.0% | 2.67% | +0.39 |
| IJH iShares Core S&P Midcap ETF | Add +10.7% | 4.06% | +0.38 |
| LLY Eli Lilly & Co. | Add +1.5% | 1.12% | +0.32 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +13.3% | 2.62% | +0.30 |
| AVGO Broadcom Inc. | Add +45.4% | 0.89% | +0.30 |
| JNJ Johnson & Johnson | Add +11.4% | 0.86% | +0.16 |
| ISRG Intuitive Surgical Inc. | Add +7.8% | 0.54% | +0.14 |
| AMZN Amazon.com Inc. | Add +1.8% | 2.58% | +0.13 |
| BSCS Invesco Bulletshares 2028 CB | Add +41.6% | 0.43% | +0.12 |
| BAC Bank of America Corp. | Add +9.7% | 0.75% | +0.10 |
| CAT Caterpillar Inc. | Add +75.0% | 0.17% | +0.09 |
| GS Goldman Sachs Group Inc. | Add +1.8% | 0.85% | +0.08 |
| BSCU Invesco Bulletshares 2030 CB | Add +56.5% | 0.21% | +0.07 |
| V Visa Inc. Class A | Add +0.6% | 1.78% | +0.03 |
| AMGN Amgen Inc. | Add +141.1% | 0.04% | +0.03 |
| BSCT Invesco Bulletshares 2029 CB | Add +13.0% | 0.24% | +0.02 |
| GE General Electric | Add +2.7% | 0.63% | +0.02 |
| BSCV Invesco Bulletshares 2031 CB | Add +64.4% | 0.05% | +0.02 |
| MUNI PIMCO Intermediate Municipal | Add +7.6% | 0.30% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +0.1% | 2.04% | +0.01 |
| PM Philip Morris International | Add +90.7% | 0.03% | +0.01 |
| BSCW Invesco Bulletshares 2032 CB | Add +78.2% | 0.03% | +0.01 |
| IAU iShares Gold Trust | Add +185.1% | 0.02% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +10.5% | 0.10% | +0.01 |
| MO Altria Group Inc. | Add +182.2% | 0.01% | +0.01 |
| DVY iShares Select Dividend ETF | New | 0.01% | +0.01 |
| VSGX Vanguard ESG Intl Stock ETF | Add +12.3% | 0.05% | +0.01 |
| IWV iShares Russell 3000 ETF | Add +0.0% | 1.06% | +0.01 |
| IWB iShares Russell 1000 ETF | Add +0.9% | 0.39% | +0.01 |
| SCHX Schwab US Large-Cap ETF | New | 0.01% | +0.01 |
| NBBK NB Bancorp Inc. | New | 0.01% | +0.01 |
| DE Deere & Co. | Add +1.0% | 0.41% | +0.01 |
| BSCZ Invesco Bulletshares 2035 CB | New | 0.01% | +0.01 |
| BSCX Invesco Bulletshares 2033 CB | Add +61.1% | 0.01% | +0.01 |
| MU Micron Technology Inc. | New | 0.01% | +0.01 |
| BSCY Invesco Bulletshares 2034 CB | New | 0.01% | +0.01 |
| FIX Comfort Systems USA Inc. | New | 0.00% | +0.00 |
| SPGI S&P Global Inc. | Add +7.7% | 0.04% | +0.00 |
| GLW Corning Inc. | Add +15.3% | 0.03% | +0.00 |
| ABBV Abbvie Inc. | Add +9.6% | 0.07% | +0.00 |
| AMD Advanced Micro Devices | Add +0.7% | 0.02% | +0.00 |
| NEM Newmont Corp. | New | 0.00% | +0.00 |
| SPYM Ste STR SPDR PT S&P 500 ETF | New | 0.00% | +0.00 |
| HSIC Henry Schein Inc. | New | 0.00% | +0.00 |
| AMAT Applied Materials Inc. | Add +3.4% | 0.02% | +0.00 |
| CAC Camden National Corp. | New | 0.00% | +0.00 |
| EME Emcor Group Inc. | New | 0.00% | +0.00 |
| ENB Enbridge Inc. | New | 0.00% | +0.00 |
| MAR Marriott International Class A | New | 0.00% | +0.00 |
| XLV SS Health Care Select Sector | New | 0.00% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 279 | $6.3B | SPY, AAPL, GOOGL, NVDA, IJH |
| Q1 2026 | 272 | $5.6B | SPY, AAPL, GOOGL, NVDA, IJH |
| Q4 2025 | 274 | $5.8B | SPY, AAPL, GOOGL, NVDA, IJH |
| Q3 2025 | 270 | $5.7B | SPY, AAPL, NVDA, MSFT, GOOGL |
| Q2 2025 | 268 | $5.4B | SPY, AAPL, NVDA, MSFT, IJH |
| Q1 2025 | 280 | $5.0B | SPY, AAPL, IJH, MSFT, NVDA |
| Q4 2024 | 275 | $5.1B | SPY, AAPL, NVDA, IJH, MSFT |
| Q3 2024 | 271 | $5.2B | SPY, AAPL, IJH, MSFT, NVDA |
| Q2 2024 | 274 | $4.9B | SPY, AAPL, MSFT, NVDA, GOOGL |
| Q1 2024 | 260 | $4.8B | SPY, AAPL, MSFT, IJH, GOOGL |