Dorsey & Whitney Trust CO LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Dorsey & Whitney Trust CO LLC reported 660 stock positions worth $1.7 billion. Its top holding was Microsoft (MSFT) at 4.0% of the portfolio, followed by Nvidia (NVDA, 3.1%) and Apple (AAPL, 2.9%). Compared with Q4 2024, it opened 24 new positions, sold out of 40, added to 248 and reduced 300. The biggest buy was Visa Class A (V, shares +2%) and the biggest sale Nvidia (NVDA, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- SIOUX FALLS, SD
- CIK
- 0001384042
- Portfolio Value
- $1.7B (Q1 2025)
- SEC Filing
- 0001062993-25-009319 ↗ filed May 14, 2025
Holdings Value
Holdings 660 stocks · $1.7B
| MSFT Microsoft Corp. | 4.02% | 184,969 | $69.4M | Add +4.6% |
| NVDA Nvidia Corp. | 3.15% | 502,591 | $54.5M | Reduce -1.2% |
| AAPL Apple Inc. | 2.95% | 229,510 | $51.0M | Reduce -0.4% |
| PCAR Paccar Inc. | 2.70% | 479,457 | $46.7M | Reduce -15.8% |
| LLY Eli Lilly & Co. | 2.33% | 48,701 | $40.2M | Reduce -1.8% |
| IVV iShares Core S&P 500 ETF | 2.12% | 65,354 | $36.7M | Add +1.1% |
| OEF iShares S&P 100 ETF | 1.95% | 124,725 | $33.8M | Reduce -0.0% |
| AMZN Amazon.com Inc. | 1.92% | 174,524 | $33.2M | Add +11.9% |
| JPM JPMorgan Chase & Co. | 1.84% | 129,440 | $31.8M | Add +1.2% |
| GOOG Alphabet Inc. Class C | 1.78% | 196,950 | $30.8M | Reduce -8.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.52% | 46,883 | $26.2M | Reduce -9.0% |
| FISV Fiserv Inc. | 1.49% | 116,782 | $25.8M | Reduce -4.0% |
| UNH Unitedhealth Group Inc. | 1.38% | 45,632 | $23.9M | Add +1.1% |
| V Visa Inc. Class A | 1.34% | 65,880 | $23.1M | Add +2.3% |
| USB US Bancorp | 1.22% | 500,914 | $21.1M | Reduce -2.8% |
| QCOM Qualcomm Inc. | 1.14% | 127,842 | $19.6M | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 1.08% | 120,771 | $18.7M | Add +6.1% |
| IWF iShares Russell 1000 Growth | 1.05% | 50,341 | $18.2M | Add +0.6% |
| GGG Graco Inc. | 1.02% | 211,899 | $17.7M | Reduce -0.7% |
| HD Home Depot Inc. | 1.02% | 48,203 | $17.7M | Reduce -2.9% |
| VTI VG Morningstar TS MKT ETF-US | 1.00% | 62,739 | $17.2M | Add +6.0% |
| JNJ Johnson & Johnson | 0.96% | 99,590 | $16.5M | Reduce -0.6% |
| ABT Abbott Laboratories | 0.95% | 123,916 | $16.4M | Reduce -3.9% |
| VOO Vanguard S&P 500 ETF | 0.85% | 28,506 | $14.6M | Add +7.3% |
| ECL Ecolab Inc. | 0.78% | 53,133 | $13.5M | Reduce -3.7% |
| FAST Fastenal Co. | 0.75% | 167,784 | $13.0M | Reduce -1.4% |
| HON Honeywell International Inc. | 0.74% | 60,569 | $12.8M | Reduce -9.8% |
| AXP American Express Co. | 0.71% | 45,646 | $12.3M | Reduce -5.7% |
| VOTE TCW Transform 500 ETF | 0.69% | 182,749 | $11.9M | Reduce -0.2% |
| VGT Vanguard Info Tech ETF | 0.68% | 21,784 | $11.8M | Reduce -0.1% |
| TTC Toro Co. | 0.65% | 155,434 | $11.3M | Add +4.5% |
| ACWI iShares MSCI Acwi ETF | 0.61% | 90,483 | $10.5M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.61% | 42,287 | $10.5M | Add +1.5% |
| META Meta Platforms Inc. Class A | 0.61% | 18,174 | $10.5M | Add +0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.60% | 19,443 | $10.4M | Reduce -1.7% |
| LNT Alliant Energy Corp. | 0.59% | 158,317 | $10.2M | Reduce -5.6% |
| SOLV Solventum Corp. | 0.58% | 131,076 | $10.0M | Reduce 0.0% |
| WFC Wells Fargo & Co. | 0.57% | 137,685 | $9.9M | Add +6.3% |
| PG The Procter & Gamble Co. | 0.55% | 56,203 | $9.6M | Add +1.1% |
| VEA Vanguard Ftse Developed ETF | 0.55% | 187,535 | $9.5M | Add +0.9% |
| QUAL iShares MSCI USA Quality Fac | 0.53% | 53,540 | $9.1M | Add +7.2% |
| COST Costco Wholesale Corp. | 0.52% | 9,432 | $8.9M | Reduce -4.6% |
| TECH Bio-Techne Corp. | 0.50% | 146,557 | $8.6M | Reduce -0.7% |
| IEMG iShares Core MSCI Emerging | 0.49% | 158,481 | $8.6M | Reduce -7.8% |
| RSP Invesco S&P 500 Equal Weight | 0.49% | 49,283 | $8.5M | Reduce -0.7% |
| VZ Verizon Communications Inc. | 0.49% | 185,453 | $8.4M | Reduce -0.4% |
| FRSH Freshworks Inc. Class A | 0.48% | 589,580 | $8.3M | No change |
| CMG Chipotle Mexican Grill Inc. | 0.46% | 158,524 | $8.0M | Reduce -1.1% |
| IJH iShares Core S&P Midcap ETF | 0.46% | 135,096 | $7.9M | Reduce -10.8% |
| MSI Motorola Solutions Inc. | 0.45% | 17,784 | $7.8M | Reduce -3.2% |
| LFUS Littelfuse Inc. | 0.45% | 39,486 | $7.8M | Add +5.9% |
| SHW The Sherwin-Williams Co. | 0.45% | 22,091 | $7.7M | Reduce -0.8% |
| HRL Hormel Foods Corp. | 0.44% | 246,067 | $7.6M | Add +0.2% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.44% | 152,213 | $7.6M | Add +1.3% |
| ABBV Abbvie Inc. | 0.44% | 36,006 | $7.5M | Add +1.1% |
| IJR iShares Core S&P Small-Cap E | 0.43% | 71,820 | $7.5M | Reduce -0.0% |
| SCHW Schwab (charles) Corp. | 0.41% | 90,201 | $7.1M | Reduce -11.8% |
| VYM Vanguard High DVD Yield ETF | 0.41% | 54,615 | $7.0M | Add +18.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.40% | 70,887 | $7.0M | Reduce -0.4% |
| ADP Automatic Data Processing | 0.40% | 22,388 | $6.8M | Reduce -3.1% |
| ROK Rockwell Automation Inc. | 0.37% | 24,853 | $6.4M | Reduce -0.1% |
| AMGN Amgen Inc. | 0.36% | 20,023 | $6.2M | Add +4.7% |
| XLF SS Financial Select Sector | 0.36% | 124,603 | $6.2M | Reduce -12.1% |
| AVGO Broadcom Inc. | 0.36% | 36,684 | $6.1M | Add +4.5% |
| IWM iShares Russell 2000 ETF | 0.35% | 29,937 | $6.0M | Reduce -3.4% |
| VT Vanguard Tot World STK ETF | 0.34% | 50,305 | $5.8M | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.33% | 76,204 | $5.8M | Add +1.3% |
| VWO Vanguard Ftse Emerging Marke | 0.32% | 123,645 | $5.6M | Reduce -1.1% |
| EFV iShares MSCI Eafe Value ETF | 0.32% | 94,137 | $5.5M | Reduce -3.1% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.32% | 21,363 | $5.5M | No change |
| MA Mastercard Inc. Class A | 0.31% | 9,845 | $5.4M | Add +3.7% |
| VXUS Vanguard Total Intl Stock | 0.31% | 85,282 | $5.3M | Add +0.0% |
| PEP Pepsico Inc. | 0.31% | 35,250 | $5.3M | Add +1.8% |
| RTX RTX Corp. | 0.30% | 39,708 | $5.3M | Add +11.3% |
| TSLA Tesla Inc. | 0.30% | 20,249 | $5.2M | Reduce -2.6% |
| MRK Merck & Co. Inc. | 0.30% | 57,929 | $5.2M | Reduce -5.4% |
| MCD McDonald's Corp. | 0.29% | 16,064 | $5.0M | Reduce -1.7% |
| PFG Principal Financial Group | 0.29% | 58,430 | $4.9M | Reduce -4.8% |
| BMI Badger Meter Inc. | 0.28% | 25,813 | $4.9M | Reduce -5.4% |
| CRM Salesforce Inc. | 0.28% | 18,065 | $4.8M | Reduce -1.0% |
| IWD iShares Russell 1000 Value E | 0.28% | 25,437 | $4.8M | Reduce -8.6% |
| CHRW C.H. Robinson Worldwide Inc. | 0.27% | 45,941 | $4.7M | Add +5.2% |
| TGT Target Corp. | 0.27% | 44,866 | $4.7M | Reduce -3.4% |
| ENTG Entegris Inc. | 0.27% | 53,469 | $4.7M | Reduce -4.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.27% | 26,895 | $4.6M | Reduce -0.6% |
| FUL H.B. Fuller Co. filed as FULLER H B CO | 0.27% | 82,124 | $4.6M | Add +3.6% |
| MDT Medtronic PLC | 0.27% | 51,286 | $4.6M | Reduce -44.0% |
| NVT Nvent Electric PLC | 0.26% | 87,026 | $4.6M | Reduce -0.7% |
| WMT Walmart Inc. | 0.26% | 51,456 | $4.5M | Reduce -0.1% |
| TNC Tennant Co. | 0.26% | 56,470 | $4.5M | Add +0.9% |
| LOW Lowe's Cos Inc. | 0.25% | 18,896 | $4.4M | Reduce -0.9% |
| IWR iShares Russell Mid-Cap ETF | 0.25% | 51,526 | $4.4M | Reduce -2.0% |
| NFLX Netflix Inc. | 0.25% | 4,602 | $4.3M | Add +7.7% |
| TXN Texas Instruments Inc. | 0.25% | 23,805 | $4.3M | Reduce -8.0% |
| DCI Donaldson Co. Inc. | 0.25% | 63,755 | $4.3M | Reduce -10.6% |
| EFG iShares MSCI Eafe Growth ETF | 0.24% | 42,199 | $4.2M | Reduce -2.4% |
| XLV SS Health Care Select Sector | 0.24% | 28,472 | $4.2M | Add +12.8% |
| CSCO Cisco Systems Inc. | 0.24% | 66,687 | $4.1M | Reduce -0.3% |
| GSEW Goldman Sachs Eql WGHT Large | 0.24% | 54,044 | $4.1M | Reduce -0.2% |
| NEE Nextera Energy Inc. | 0.22% | 54,846 | $3.9M | Add +0.9% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $1.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,011 | $1.2M | New |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 319 | $383K | New |
Total filed on the 13F, all lines: $1.7B.
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -1.2% | 3.15% | −0.61 |
| PCAR Paccar Inc. | Reduce -15.8% | 2.70% | −0.57 |
| GOOG Alphabet Inc. Class C | Reduce -8.2% | 1.78% | −0.47 |
| AAPL Apple Inc. | Reduce -0.4% | 2.95% | −0.23 |
| TSLA Tesla Inc. | Reduce -2.6% | 0.30% | −0.16 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -9.0% | 1.52% | −0.15 |
| MDT Medtronic PLC | Reduce -44.0% | 0.27% | −0.14 |
| USB US Bancorp | Reduce -2.8% | 1.22% | −0.14 |
| DD Dupont DE Nemours Inc. | Reduce -46.3% | 0.12% | −0.10 |
| HON Honeywell International Inc. | Reduce -9.8% | 0.74% | −0.09 |
| TECH Bio-Techne Corp. | Reduce -0.7% | 0.50% | −0.09 |
| IVW iShares S&P 500 Growth ETF | Reduce -24.4% | 0.22% | −0.08 |
| AXP American Express Co. | Reduce -5.7% | 0.71% | −0.08 |
| TGT Target Corp. | Reduce -3.4% | 0.27% | −0.08 |
| CMG Chipotle Mexican Grill Inc. | Reduce -1.1% | 0.46% | −0.07 |
| NVT Nvent Electric PLC | Reduce -0.7% | 0.26% | −0.07 |
| IJH iShares Core S&P Midcap ETF | Reduce -10.8% | 0.46% | −0.06 |
| VGT Vanguard Info Tech ETF | Reduce -0.1% | 0.68% | −0.06 |
| IVE iShares S&P 500 Value ETF | Reduce -25.2% | 0.21% | −0.06 |
| DOW Dow Inc. | Reduce -39.3% | 0.07% | −0.06 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Sold out | 0.00% | −0.06 |
| COWZ Pacer US Cash Cows 100 ETF | Sold out | 0.00% | −0.06 |
| CRM Salesforce Inc. | Reduce -1.0% | 0.28% | −0.06 |
| XLI SS Industrial Select Sector | Reduce -36.6% | 0.10% | −0.05 |
| UPS United Parcel Service Class B | Reduce -15.0% | 0.17% | −0.05 |
| CTVA Corteva Inc. | Reduce -41.4% | 0.10% | −0.05 |
| HD Home Depot Inc. | Reduce -2.9% | 1.02% | −0.04 |
| IBTG iShares Ibonds Dec 2026 Term | Reduce -64.2% | 0.02% | −0.04 |
| IBTF iShares Ibonds Dec 2025 Term | Reduce -67.7% | 0.02% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -5.4% | 0.30% | −0.04 |
| BMI Badger Meter Inc. | Reduce -5.4% | 0.28% | −0.03 |
| ENTG Entegris Inc. | Reduce -4.2% | 0.27% | −0.03 |
| OEF iShares S&P 100 ETF | Reduce -0.0% | 1.95% | −0.03 |
| DIS The Walt Disney Co. | Reduce -0.4% | 0.40% | −0.03 |
| IWM iShares Russell 2000 ETF | Reduce -3.4% | 0.35% | −0.03 |
| ORCL Oracle Corp. | Reduce -1.8% | 0.20% | −0.03 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.03 |
| XLK SS Technology Select Sector | Reduce -28.2% | 0.06% | −0.03 |
| EFA iShares MSCI Eafe ETF | Reduce -23.9% | 0.17% | −0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -3.0% | 0.12% | −0.03 |
| ANET Arista Networks Inc. | Reduce -8.4% | 0.05% | −0.03 |
| IOO iShares Global 100 ETF | Sold out | 0.00% | −0.02 |
| AMD Advanced Micro Devices | Reduce -4.1% | 0.14% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.0% | 0.43% | −0.02 |
| ROK Rockwell Automation Inc. | Reduce -0.1% | 0.37% | −0.02 |
| TXN Texas Instruments Inc. | Reduce -8.0% | 0.25% | −0.02 |
| MAR Marriott International Class A | Reduce -5.1% | 0.11% | −0.02 |
| XLF SS Financial Select Sector | Reduce -12.1% | 0.36% | −0.02 |
| DXCM Dexcom Inc. | Sold out | 0.00% | −0.02 |
| MFC Manulife Financial Corp. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| V Visa Inc. Class A | Add +2.3% | 1.34% | +0.21 |
| ITOT iShares Core S&P Total U.S. | New | 0.18% | +0.18 |
| JPM JPMorgan Chase & Co. | Add +1.2% | 1.84% | +0.15 |
| WEC WEC Energy Group Inc. | Add +188.5% | 0.18% | +0.13 |
| UNH Unitedhealth Group Inc. | Add +1.1% | 1.38% | +0.12 |
| IBM Intl Business Machines Corp. | Add +1.5% | 0.61% | +0.10 |
| ABBV Abbvie Inc. | Add +1.1% | 0.44% | +0.09 |
| AMGN Amgen Inc. | Add +4.7% | 0.36% | +0.09 |
| VYM Vanguard High DVD Yield ETF | Add +18.6% | 0.41% | +0.08 |
| TSM Taiwan Semiconductor-SP ADR | Add +114.9% | 0.17% | +0.08 |
| RTX RTX Corp. | Add +11.3% | 0.30% | +0.08 |
| WFC Wells Fargo & Co. | Add +6.3% | 0.57% | +0.07 |
| VEA Vanguard Ftse Developed ETF | Add +0.9% | 0.55% | +0.06 |
| VOO Vanguard S&P 500 ETF | Add +7.3% | 0.85% | +0.06 |
| CVX Chevron Corp. | Add +13.3% | 0.21% | +0.06 |
| QCOM Qualcomm Inc. | Add +0.2% | 1.14% | +0.06 |
| XOM Exxon Mobil Corp. | Add +14.1% | 0.22% | +0.05 |
| KO The Coca-Cola Co. | Add +21.7% | 0.17% | +0.05 |
| VTI VG Morningstar TS MKT ETF-US | Add +6.0% | 1.00% | +0.05 |
| EUSA iShares MSCI USA Equal Weigh | New | 0.05% | +0.05 |
| XLV SS Health Care Select Sector | Add +12.8% | 0.24% | +0.05 |
| IEFA iShares Core MSCI Eafe ETF | Add +1.3% | 0.33% | +0.04 |
| EPD Enterprise Products Partners | Add +91.3% | 0.08% | +0.04 |
| PG The Procter & Gamble Co. | Add +1.1% | 0.55% | +0.04 |
| QUAL iShares MSCI USA Quality Fac | Add +7.2% | 0.53% | +0.04 |
| NFLX Netflix Inc. | Add +7.7% | 0.25% | +0.04 |
| GLW Corning Inc. | Add +70.2% | 0.09% | +0.04 |
| IDEV iShares Core MSCI Dev MKTS | Add +32.3% | 0.11% | +0.04 |
| MA Mastercard Inc. Class A | Add +3.7% | 0.31% | +0.04 |
| INTC Intel Corp. | Add +8.7% | 0.15% | +0.03 |
| ESGD iShares Trust iShares ESG Aw | Add +13.8% | 0.16% | +0.03 |
| PAYC Paycom Software Inc. | New | 0.03% | +0.03 |
| AMZN Amazon.com Inc. | Add +11.9% | 1.92% | +0.03 |
| PM Philip Morris International | Add +5.8% | 0.10% | +0.03 |
| TDTT NT Iboxx 3Y Dur Tips ETF | New | 0.03% | +0.03 |
| MMM 3M Co. | Add +0.7% | 0.18% | +0.03 |
| VXUS Vanguard Total Intl Stock | Add +0.0% | 0.31% | +0.03 |
| NET Cloudflare Inc. Class A | New | 0.03% | +0.03 |
| T AT&T Inc. | Add +9.8% | 0.09% | +0.03 |
| IVV iShares Core S&P 500 ETF | Add +1.1% | 2.12% | +0.03 |
| AGG iShares Core U.S. Aggregate | Add +45.8% | 0.07% | +0.03 |
| BBEU JPMorgan Betabuilders Europe | Add +6.0% | 0.13% | +0.02 |
| BABA Alibaba Group Holding-SP ADR | New | 0.02% | +0.02 |
| CHRW C.H. Robinson Worldwide Inc. | Add +5.2% | 0.27% | +0.02 |
| ARES Ares Management Corp. Class A | Add +172.7% | 0.04% | +0.02 |
| IQLT iShares MSCI International Q | Add +1.9% | 0.18% | +0.02 |
| CMI Cummins Inc. | Add +92.5% | 0.05% | +0.02 |
| TIP iShares Tips Bond ETF | Add +57.1% | 0.05% | +0.02 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +1.3% | 0.44% | +0.02 |
| ELV Elevance Health Inc. | Add +6.2% | 0.09% | +0.02 |
Notes & Other Activity Q4 2024 → Q1 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | New | 1,011 | $1.2M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | New | 319 | $383K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 728 | $2.1B | NVDA, MSFT, AAPL, GOOG, AMZN |
| Q1 2026 | 708 | $1.8B | NVDA, MSFT, AAPL, GOOG, AMZN |
| Q4 2025 | 700 | $1.9B | NVDA, MSFT, AAPL, GOOG, AMZN |
| Q3 2025 | 685 | $1.9B | NVDA, MSFT, AAPL, GOOG, IVV |
| Q2 2025 | 679 | $1.9B | MSFT, NVDA, PCAR, AAPL, VOYG |
| Q1 2025 | 660 | $1.7B | MSFT, NVDA, AAPL, PCAR, LLY |
| Q4 2024 | 676 | $1.8B | MSFT, NVDA, PCAR, AAPL, GOOG |
| Q3 2024 | 667 | $1.9B | PCAR, MSFT, NVDA, AAPL, LLY |
| Q2 2024 | 628 | $1.4B | MSFT, NVDA, AAPL, GOOG, IVV |
| Q1 2024 | 627 | $1.5B | PCAR, MSFT, NVDA, OEF, IVV |