Dorsey & Whitney Trust CO LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 11, 2025), Dorsey & Whitney Trust CO LLC reported 679 stock positions worth $1.9 billion. Its top holding was Microsoft (MSFT) at 5.0% of the portfolio, followed by Nvidia (NVDA, 4.2%) and Paccar (PCAR, 2.4%). Compared with Q1 2025, it opened 51 new positions, sold out of 32, added to 227 and reduced 305. The biggest buy was a new position in Voyager Technologies Class A (VOYG) and the biggest sale Apple (AAPL, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- SIOUX FALLS, SD
- CIK
- 0001384042
- Portfolio Value
- $1.9B (Q2 2025)
- SEC Filing
- 0001062993-25-014027 ↗ filed Aug 11, 2025
Holdings Value
Holdings 679 stocks · $1.9B
| MSFT Microsoft Corp. | 4.96% | 188,440 | $93.7M | Add +1.9% |
| NVDA Nvidia Corp. | 4.17% | 499,060 | $78.8M | Reduce -0.7% |
| PCAR Paccar Inc. | 2.41% | 479,352 | $45.6M | Reduce -0.0% |
| AAPL Apple Inc. | 2.40% | 220,882 | $45.3M | Reduce -3.8% |
| VOYG Voyager Technologies Inc. Class A | 2.20% | 1,060,040 | $41.6M | New |
| AMZN Amazon.com Inc. | 2.16% | 186,360 | $40.9M | Add +6.8% |
| IVV iShares Core S&P 500 ETF | 2.14% | 65,099 | $40.4M | Reduce -0.4% |
| OEF iShares S&P 100 ETF | 2.01% | 124,725 | $38.0M | No change |
| LLY Eli Lilly & Co. | 1.98% | 47,941 | $37.4M | Reduce -1.6% |
| JPM JPMorgan Chase & Co. | 1.96% | 128,053 | $37.1M | Reduce -1.1% |
| GOOG Alphabet Inc. Class C | 1.79% | 190,301 | $33.8M | Reduce -3.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.78% | 54,537 | $33.7M | Add +16.3% |
| V Visa Inc. Class A | 1.21% | 64,294 | $22.8M | Reduce -2.4% |
| IWF iShares Russell 1000 Growth | 1.13% | 50,341 | $21.4M | No change |
| FISV Fiserv Inc. | 1.08% | 118,644 | $20.5M | Add +1.6% |
| QCOM Qualcomm Inc. | 1.04% | 123,929 | $19.7M | Reduce -3.1% |
| USB US Bancorp | 1.03% | 429,374 | $19.4M | Reduce -14.3% |
| GOOGL Alphabet Inc. Class A | 1.01% | 108,647 | $19.1M | Reduce -10.0% |
| VTI VG Morningstar TS MKT ETF-US | 1.01% | 62,675 | $19.0M | Reduce -0.1% |
| GGG Graco Inc. | 0.96% | 210,219 | $18.1M | Reduce -0.8% |
| HD Home Depot Inc. | 0.92% | 47,407 | $17.4M | Reduce -1.6% |
| ABT Abbott Laboratories | 0.86% | 119,682 | $16.3M | Reduce -3.4% |
| VOO Vanguard S&P 500 ETF | 0.86% | 28,444 | $16.2M | Reduce -0.2% |
| META Meta Platforms Inc. Class A | 0.83% | 21,183 | $15.6M | Add +16.6% |
| JNJ Johnson & Johnson | 0.81% | 99,987 | $15.3M | Add +0.4% |
| UNH Unitedhealth Group Inc. | 0.77% | 46,539 | $14.5M | Add +2.0% |
| ECL Ecolab Inc. | 0.76% | 53,195 | $14.3M | Add +0.1% |
| VGT Vanguard Info Tech ETF | 0.76% | 21,571 | $14.3M | Reduce -1.0% |
| AXP American Express Co. | 0.74% | 44,068 | $14.1M | Reduce -3.5% |
| FAST Fastenal Co. | 0.74% | 333,823 | $14.0M | Reduce -0.5% |
| VOTE TCW Transform 500 ETF | 0.71% | 185,099 | $13.5M | Add +1.3% |
| HON Honeywell International Inc. | 0.70% | 57,048 | $13.3M | Reduce -5.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.65% | 41,606 | $12.3M | Reduce -1.6% |
| ACWI iShares MSCI Acwi ETF | 0.61% | 89,595 | $11.5M | Reduce -1.0% |
| VEA Vanguard Ftse Developed ETF | 0.59% | 196,989 | $11.2M | Add +5.0% |
| TTC Toro Co. | 0.58% | 155,782 | $11.0M | Add +0.2% |
| WFC Wells Fargo & Co. | 0.58% | 137,208 | $11.0M | Reduce -0.3% |
| AVGO Broadcom Inc. | 0.55% | 37,527 | $10.3M | Add +2.3% |
| SOLV Solventum Corp. | 0.53% | 131,105 | $9.9M | Add +0.0% |
| QUAL iShares MSCI USA Quality Fac | 0.52% | 54,124 | $9.9M | Add +1.1% |
| LNT Alliant Energy Corp. | 0.51% | 159,242 | $9.6M | Add +0.6% |
| IEMG iShares Core MSCI Emerging | 0.50% | 157,041 | $9.4M | Reduce -0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.48% | 18,759 | $9.1M | Reduce -3.5% |
| RSP Invesco S&P 500 Equal Weight | 0.48% | 50,113 | $9.1M | Add +1.7% |
| LFUS Littelfuse Inc. | 0.48% | 39,760 | $9.0M | Add +0.7% |
| COST Costco Wholesale Corp. | 0.48% | 9,099 | $9.0M | Reduce -3.5% |
| FRSH Freshworks Inc. Class A | 0.47% | 589,580 | $8.8M | No change |
| CMG Chipotle Mexican Grill Inc. | 0.46% | 155,776 | $8.7M | Reduce -1.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.44% | 67,656 | $8.4M | Reduce -4.6% |
| ROK Rockwell Automation Inc. | 0.44% | 25,101 | $8.3M | Add +1.0% |
| TECH Bio-Techne Corp. | 0.41% | 150,891 | $7.8M | Add +3.0% |
| PG The Procter & Gamble Co. | 0.41% | 48,564 | $7.7M | Reduce -13.6% |
| SHW The Sherwin-Williams Co. | 0.40% | 22,187 | $7.6M | Add +0.4% |
| VZ Verizon Communications Inc. | 0.40% | 175,546 | $7.6M | Reduce -5.3% |
| MSI Motorola Solutions Inc. | 0.40% | 17,813 | $7.5M | Add +0.2% |
| HRL Hormel Foods Corp. | 0.39% | 243,379 | $7.4M | Reduce -1.1% |
| VYM Vanguard High DVD Yield ETF | 0.39% | 54,615 | $7.3M | No change |
| IJR iShares Core S&P Small-Cap E | 0.38% | 65,532 | $7.2M | Reduce -8.8% |
| VWO Vanguard Ftse Emerging Marke | 0.37% | 141,150 | $7.0M | Add +14.2% |
| IJH iShares Core S&P Midcap ETF | 0.35% | 107,382 | $6.7M | Reduce -20.5% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.35% | 135,378 | $6.6M | Reduce -11.1% |
| NVT Nvent Electric PLC | 0.35% | 90,377 | $6.6M | Add +3.9% |
| ADP Automatic Data Processing | 0.35% | 21,442 | $6.6M | Reduce -4.2% |
| TSLA Tesla Inc. | 0.34% | 20,523 | $6.5M | Add +1.4% |
| XLF SS Financial Select Sector | 0.34% | 124,004 | $6.5M | Reduce -0.5% |
| VT Vanguard Tot World STK ETF | 0.34% | 50,305 | $6.5M | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.34% | 28,333 | $6.4M | Add +62.2% |
| IWM iShares Russell 2000 ETF | 0.33% | 28,799 | $6.2M | Reduce -3.8% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.32% | 21,363 | $6.1M | No change |
| ABBV Abbvie Inc. | 0.32% | 32,595 | $6.1M | Reduce -9.5% |
| EFV iShares MSCI Eafe Value ETF | 0.32% | 94,137 | $6.0M | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.32% | 71,413 | $6.0M | Reduce -6.3% |
| BMI Badger Meter Inc. | 0.31% | 24,126 | $5.9M | Reduce -6.5% |
| VXUS Vanguard Total Intl Stock | 0.31% | 85,372 | $5.9M | Add +0.1% |
| RTX RTX Corp. | 0.30% | 39,403 | $5.8M | Reduce -0.8% |
| NFLX Netflix Inc. | 0.30% | 4,294 | $5.7M | Reduce -6.7% |
| IWR iShares Russell Mid-Cap ETF | 0.30% | 61,471 | $5.7M | Add +19.3% |
| AMGN Amgen Inc. | 0.30% | 20,098 | $5.6M | Add +0.4% |
| ORCL Oracle Corp. | 0.29% | 25,093 | $5.5M | Add +0.8% |
| FUL H.B. Fuller Co. filed as FULLER H B CO | 0.29% | 90,138 | $5.4M | Add +9.8% |
| PANW Palo Alto Networks Inc. | 0.27% | 25,232 | $5.2M | Add +37.3% |
| MA Mastercard Inc. Class A | 0.27% | 9,096 | $5.1M | Reduce -7.6% |
| SCHW Schwab (charles) Corp. | 0.27% | 55,477 | $5.1M | Reduce -38.5% |
| TXN Texas Instruments Inc. | 0.27% | 24,144 | $5.0M | Add +1.4% |
| IWD iShares Russell 1000 Value E | 0.26% | 25,437 | $4.9M | No change |
| WMT Walmart Inc. | 0.26% | 49,341 | $4.8M | Reduce -4.1% |
| CRM Salesforce Inc. | 0.25% | 17,456 | $4.8M | Reduce -3.4% |
| EFG iShares MSCI Eafe Growth ETF | 0.25% | 42,199 | $4.7M | No change |
| CSCO Cisco Systems Inc. | 0.24% | 66,449 | $4.6M | Reduce -0.4% |
| CHRW C.H. Robinson Worldwide Inc. | 0.24% | 47,099 | $4.5M | Add +2.5% |
| PEP Pepsico Inc. | 0.24% | 34,159 | $4.5M | Reduce -3.1% |
| IVW iShares S&P 500 Growth ETF | 0.24% | 40,860 | $4.5M | No change |
| MCD McDonald's Corp. | 0.24% | 15,397 | $4.5M | Reduce -4.2% |
| MRK Merck & Co. Inc. | 0.24% | 56,116 | $4.4M | Reduce -3.1% |
| TNC Tennant Co. | 0.23% | 57,212 | $4.4M | Add +1.3% |
| GSEW Goldman Sachs Eql WGHT Large | 0.23% | 53,473 | $4.4M | Reduce -1.1% |
| PFG Principal Financial Group | 0.23% | 54,220 | $4.3M | Reduce -7.2% |
| ENTG Entegris Inc. | 0.23% | 52,844 | $4.3M | Reduce -1.2% |
| WEC WEC Energy Group Inc. | 0.22% | 40,781 | $4.2M | Add +40.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.22% | 87,909 | $4.2M | Add +2.4% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $1.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 652 | $790K | Reduce -35.5% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 319 | $375K | No change |
Total filed on the 13F, all lines: $1.9B.
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -3.8% | 2.40% | −0.55 |
| LLY Eli Lilly & Co. | Reduce -1.6% | 1.98% | −0.35 |
| PCAR Paccar Inc. | Reduce -0.0% | 2.41% | −0.29 |
| USB US Bancorp | Reduce -14.3% | 1.03% | −0.19 |
| PG The Procter & Gamble Co. | Reduce -13.6% | 0.41% | −0.14 |
| SCHW Schwab (charles) Corp. | Reduce -38.5% | 0.27% | −0.14 |
| V Visa Inc. Class A | Reduce -2.4% | 1.21% | −0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.5% | 0.48% | −0.12 |
| ABBV Abbvie Inc. | Reduce -9.5% | 0.32% | −0.12 |
| MDT Medtronic PLC | Reduce -31.6% | 0.16% | −0.10 |
| IJH iShares Core S&P Midcap ETF | Reduce -20.5% | 0.35% | −0.10 |
| HD Home Depot Inc. | Reduce -1.6% | 0.92% | −0.10 |
| QCOM Qualcomm Inc. | Reduce -3.1% | 1.04% | −0.09 |
| ABT Abbott Laboratories | Reduce -3.4% | 0.86% | −0.09 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -11.1% | 0.35% | −0.09 |
| VZ Verizon Communications Inc. | Reduce -5.3% | 0.40% | −0.08 |
| COP Conocophillips | Reduce -32.2% | 0.09% | −0.08 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -20.3% | 0.20% | −0.07 |
| PEP Pepsico Inc. | Reduce -3.1% | 0.24% | −0.07 |
| GGG Graco Inc. | Reduce -0.8% | 0.96% | −0.07 |
| GOOGL Alphabet Inc. Class A | Reduce -10.0% | 1.01% | −0.07 |
| MRK Merck & Co. Inc. | Reduce -3.1% | 0.24% | −0.07 |
| TGT Target Corp. | Reduce -11.1% | 0.21% | −0.06 |
| ULTA Ulta Beauty Inc. | Reduce -76.5% | 0.02% | −0.06 |
| BSV Vanguard Short-Term Bond ETF | Sold out | 0.00% | −0.06 |
| PFG Principal Financial Group | Reduce -7.2% | 0.23% | −0.06 |
| IJR iShares Core S&P Small-Cap E | Reduce -8.8% | 0.38% | −0.06 |
| DD Dupont DE Nemours Inc. | Reduce -34.7% | 0.07% | −0.05 |
| SYY Sysco Corp. | Reduce -28.1% | 0.11% | −0.05 |
| TMO Thermo Fisher Scientific Inc. | Reduce -13.0% | 0.10% | −0.05 |
| MCD McDonald's Corp. | Reduce -4.2% | 0.24% | −0.05 |
| CVX Chevron Corp. | Reduce -2.9% | 0.16% | −0.05 |
| HRL Hormel Foods Corp. | Reduce -1.1% | 0.39% | −0.05 |
| MU Micron Technology Inc. | Reduce -56.7% | 0.06% | −0.05 |
| ADP Automatic Data Processing | Reduce -4.2% | 0.35% | −0.05 |
| UPS United Parcel Service Class B | Reduce -13.1% | 0.12% | −0.05 |
| ENTG Entegris Inc. | Reduce -1.2% | 0.23% | −0.04 |
| BXSL Blackstone Secured Lending F | Reduce -10.3% | 0.16% | −0.04 |
| BMY Bristol-Myers Squibb Co. | Reduce -5.8% | 0.08% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -2.6% | 0.18% | −0.04 |
| MA Mastercard Inc. Class A | Reduce -7.6% | 0.27% | −0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -27.5% | 0.15% | −0.04 |
| COST Costco Wholesale Corp. | Reduce -3.5% | 0.48% | −0.04 |
| HON Honeywell International Inc. | Reduce -5.8% | 0.70% | −0.04 |
| XLV SS Health Care Select Sector | Reduce -0.5% | 0.20% | −0.04 |
| PSX Phillips 66 | Reduce -25.4% | 0.07% | −0.04 |
| LOW Lowe's Cos Inc. | Reduce -1.5% | 0.22% | −0.04 |
| GLW Corning Inc. | Reduce -42.5% | 0.05% | −0.04 |
| ADBE Adobe Inc. | Reduce -12.5% | 0.15% | −0.04 |
| DOW Dow Inc. | Reduce -24.8% | 0.04% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| VOYG Voyager Technologies Inc. Class A | New | 2.20% | +2.20 |
| MSFT Microsoft Corp. | Add +1.9% | 4.96% | +0.95 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +16.3% | 1.78% | +0.27 |
| AMZN Amazon.com Inc. | Add +6.8% | 2.16% | +0.24 |
| META Meta Platforms Inc. Class A | Add +16.6% | 0.83% | +0.22 |
| AVGO Broadcom Inc. | Add +2.3% | 0.55% | +0.19 |
| TSM Taiwan Semiconductor-SP ADR | Add +62.2% | 0.34% | +0.17 |
| DELL Dell Technologies -C | Add +197.1% | 0.14% | +0.10 |
| PANW Palo Alto Networks Inc. | Add +37.3% | 0.27% | +0.09 |
| ORCL Oracle Corp. | Add +0.8% | 0.29% | +0.09 |
| NVT Nvent Electric PLC | Add +3.9% | 0.35% | +0.09 |
| TBLL Invesco Short Term Treasury | New | 0.08% | +0.08 |
| ARM Arm Holdings PLC-ADR | New | 0.08% | +0.08 |
| ROK Rockwell Automation Inc. | Add +1.0% | 0.44% | +0.07 |
| MUB iShares National Muni Bond E | Add +81.0% | 0.16% | +0.06 |
| VWO Vanguard Ftse Emerging Marke | Add +14.2% | 0.37% | +0.05 |
| IWR iShares Russell Mid-Cap ETF | Add +19.3% | 0.30% | +0.05 |
| VEA Vanguard Ftse Developed ETF | Add +5.0% | 0.59% | +0.04 |
| WEC WEC Energy Group Inc. | Add +40.4% | 0.22% | +0.04 |
| TSLA Tesla Inc. | Add +1.4% | 0.34% | +0.04 |
| SPMD SS SPDR P S&P 400 Midcap ETF | New | 0.04% | +0.04 |
| EFA iShares MSCI Eafe ETF | Add +21.6% | 0.21% | +0.04 |
| BBEU JPMorgan Betabuilders Europe | Add +28.4% | 0.16% | +0.04 |
| IEUR iShares Core MSCI Europe ETF | Add +24.2% | 0.17% | +0.03 |
| C Citigroup Inc. | Add +81.1% | 0.06% | +0.03 |
| LFUS Littelfuse Inc. | Add +0.7% | 0.48% | +0.03 |
| DIHP Dimensional International Hi | New | 0.03% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | Add +0.1% | 0.08% | +0.02 |
| HOOD Robinhood Markets Inc. Class A | Add +0.2% | 0.05% | +0.02 |
| VST Vistra Corp. | New | 0.02% | +0.02 |
| DUHP Dimensional US High Profi Et | Add +132.8% | 0.04% | +0.02 |
| BA The Boeing Co. | Add +17.3% | 0.09% | +0.02 |
| SPOT Spotify Technology SA | Add +37.5% | 0.05% | +0.02 |
| VOTE TCW Transform 500 ETF | Add +1.3% | 0.71% | +0.02 |
| GS Goldman Sachs Group Inc. | Add +2.6% | 0.12% | +0.02 |
| RDDT Reddit Inc. Class A | New | 0.02% | +0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +11.2% | 0.06% | +0.02 |
| FUL H.B. Fuller Co. | Add +9.8% | 0.29% | +0.02 |
| MCHP Microchip Technology Inc. | Add +80.6% | 0.03% | +0.02 |
| NET Cloudflare Inc. Class A | Add +6.1% | 0.05% | +0.02 |
| PM Philip Morris International | Add +12.7% | 0.12% | +0.02 |
| ESGD iShares Trust iShares ESG Aw | Add +12.1% | 0.17% | +0.02 |
| COIN Coinbase Global Inc. Class A | Add +18.6% | 0.03% | +0.02 |
| CEG Constellation Energy | Add +20.1% | 0.04% | +0.02 |
| TXN Texas Instruments Inc. | Add +1.4% | 0.27% | +0.02 |
| GLD SPDR Gold Shares | Add +75.2% | 0.04% | +0.02 |
| AMAT Applied Materials Inc. | Add +10.1% | 0.08% | +0.02 |
| SBAC SBA Communications Corp. | New | 0.02% | +0.02 |
| RBLX Roblox Corp. Class A | New | 0.02% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +10.1% | 0.09% | +0.01 |
Notes & Other Activity Q1 2025 → Q2 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -35.5% | 652 | $790K |
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 |