Dorsey & Whitney Trust CO LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Dorsey & Whitney Trust CO LLC reported 685 stock positions worth $1.9 billion. Its top holding was Nvidia (NVDA) at 4.7% of the portfolio, followed by Microsoft (MSFT, 4.7%) and Apple (AAPL, 2.9%). Compared with Q2 2025, it opened 31 new positions, sold out of 25, added to 238 and reduced 292. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +28%) and the biggest sale US Bancorp (USB, shares −76%).
- Most Recent 13F
- Q2 2026
- Location
- SIOUX FALLS, SD
- CIK
- 0001384042
- Portfolio Value
- $1.9B (Q3 2025)
- SEC Filing
- 0001062993-25-016736 ↗ filed Nov 13, 2025
Holdings Value
Holdings 685 stocks · $1.9B
| NVDA Nvidia Corp. | 4.74% | 480,433 | $89.6M | Reduce -3.7% |
| MSFT Microsoft Corp. | 4.69% | 171,508 | $88.8M | Reduce -9.0% |
| AAPL Apple Inc. | 2.95% | 219,114 | $55.8M | Reduce -0.8% |
| GOOG Alphabet Inc. Class C | 2.37% | 184,115 | $44.8M | Reduce -3.3% |
| IVV iShares Core S&P 500 ETF | 2.30% | 65,001 | $43.5M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 2.25% | 193,772 | $42.5M | Add +4.0% |
| OEF iShares S&P 100 ETF | 2.19% | 124,725 | $41.5M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.91% | 54,340 | $36.2M | Reduce -0.4% |
| JPM JPMorgan Chase & Co. | 1.72% | 103,204 | $32.6M | Reduce -19.4% |
| PCAR Paccar Inc. | 1.67% | 322,010 | $31.7M | Reduce -32.8% |
| VOYG Voyager Technologies Inc. Class A | 1.67% | 1,060,040 | $31.6M | No change |
| LLY Eli Lilly & Co. | 1.45% | 35,853 | $27.4M | Reduce -25.2% |
| GOOGL Alphabet Inc. Class A | 1.39% | 108,297 | $26.3M | Reduce -0.3% |
| IWF iShares Russell 1000 Growth | 1.22% | 49,159 | $23.0M | Reduce -2.4% |
| V Visa Inc. Class A | 1.17% | 64,942 | $22.2M | Add +1.0% |
| VTI VG Morningstar TS MKT ETF-US | 1.13% | 65,183 | $21.4M | Add +4.0% |
| HD Home Depot Inc. | 1.00% | 46,614 | $18.9M | Reduce -1.7% |
| JNJ Johnson & Johnson | 0.95% | 97,190 | $18.0M | Reduce -2.8% |
| GGG Graco Inc. | 0.95% | 212,074 | $18.0M | Add +0.9% |
| VOO Vanguard S&P 500 ETF | 0.95% | 29,319 | $18.0M | Add +3.1% |
| UNH Unitedhealth Group Inc. | 0.90% | 49,433 | $17.1M | Add +6.2% |
| META Meta Platforms Inc. Class A | 0.89% | 22,861 | $16.8M | Add +7.9% |
| FAST Fastenal Co. | 0.83% | 322,166 | $15.8M | Reduce -3.5% |
| VGT Vanguard Info Tech ETF | 0.83% | 20,965 | $15.7M | Reduce -2.8% |
| FISV Fiserv Inc. | 0.81% | 118,299 | $15.3M | Reduce -0.3% |
| VOTE TCW Transform 500 ETF | 0.78% | 188,372 | $14.8M | Add +1.8% |
| ABT Abbott Laboratories | 0.78% | 109,691 | $14.7M | Reduce -8.3% |
| ECL Ecolab Inc. | 0.77% | 53,192 | $14.6M | Reduce -0.0% |
| QCOM Qualcomm Inc. | 0.68% | 77,131 | $12.8M | Reduce -37.8% |
| AVGO Broadcom Inc. | 0.66% | 37,811 | $12.5M | Add +0.8% |
| ACWI iShares MSCI Acwi ETF | 0.65% | 89,595 | $12.4M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.64% | 23,995 | $12.1M | Add +27.9% |
| TTC Toro Co. | 0.63% | 156,566 | $11.9M | Add +0.5% |
| VEA Vanguard Ftse Developed ETF | 0.61% | 194,080 | $11.6M | Reduce -1.5% |
| WFC Wells Fargo & Co. | 0.61% | 137,663 | $11.5M | Add +0.3% |
| HON Honeywell International Inc. | 0.61% | 54,789 | $11.5M | Reduce -4.0% |
| QUAL iShares MSCI USA Quality Fac | 0.56% | 54,174 | $10.5M | Add +0.1% |
| LNT Alliant Energy Corp. | 0.55% | 155,247 | $10.5M | Reduce -2.5% |
| LFUS Littelfuse Inc. | 0.55% | 40,197 | $10.4M | Add +1.1% |
| IEMG iShares Core MSCI Emerging | 0.52% | 150,603 | $9.9M | Reduce -4.1% |
| AXP American Express Co. | 0.52% | 29,700 | $9.9M | Reduce -32.6% |
| SOLV Solventum Corp. | 0.51% | 131,125 | $9.6M | Add +0.0% |
| RSP Invesco S&P 500 Equal Weight | 0.50% | 50,099 | $9.5M | Reduce -0.0% |
| TSLA Tesla Inc. | 0.48% | 20,623 | $9.2M | Add +0.5% |
| ROK Rockwell Automation Inc. | 0.46% | 25,141 | $8.8M | Add +0.2% |
| NVT Nvent Electric PLC | 0.46% | 88,489 | $8.7M | Reduce -2.1% |
| TECH Bio-Techne Corp. | 0.45% | 151,627 | $8.4M | Add +0.5% |
| COST Costco Wholesale Corp. | 0.44% | 9,047 | $8.4M | Reduce -0.6% |
| MSI Motorola Solutions Inc. | 0.43% | 17,686 | $8.1M | Reduce -0.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.43% | 28,847 | $8.1M | Add +1.8% |
| IJR iShares Core S&P Small-Cap E | 0.40% | 64,478 | $7.7M | Reduce -1.6% |
| VZ Verizon Communications Inc. | 0.40% | 174,261 | $7.7M | Reduce -0.7% |
| SHW The Sherwin-Williams Co. | 0.40% | 22,026 | $7.6M | Reduce -0.7% |
| ABBV Abbvie Inc. | 0.40% | 32,685 | $7.6M | Add +0.3% |
| VYM Vanguard High DVD Yield ETF | 0.40% | 53,615 | $7.6M | Reduce -1.8% |
| VWO Vanguard Ftse Emerging Marke | 0.40% | 138,501 | $7.5M | Reduce -1.9% |
| PG The Procter & Gamble Co. | 0.38% | 47,312 | $7.3M | Reduce -2.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.38% | 62,841 | $7.2M | Reduce -7.1% |
| ORCL Oracle Corp. | 0.38% | 25,463 | $7.2M | Add +1.5% |
| FRSH Freshworks Inc. Class A | 0.37% | 589,580 | $6.9M | No change |
| VT Vanguard Tot World STK ETF | 0.37% | 50,305 | $6.9M | No change |
| WEC WEC Energy Group Inc. | 0.37% | 60,333 | $6.9M | Add +47.9% |
| IWM iShares Russell 2000 ETF | 0.36% | 28,478 | $6.9M | Reduce -1.1% |
| IJH iShares Core S&P Midcap ETF | 0.36% | 105,056 | $6.9M | Reduce -2.2% |
| XLF SS Financial Select Sector | 0.36% | 126,014 | $6.8M | Add +1.6% |
| RTX RTX Corp. | 0.35% | 39,853 | $6.7M | Add +1.1% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.35% | 21,363 | $6.6M | No change |
| EFV iShares MSCI Eafe Value ETF | 0.34% | 94,137 | $6.4M | No change |
| VXUS Vanguard Total Intl Stock | 0.33% | 85,433 | $6.3M | Add +0.1% |
| CHRW C.H. Robinson Worldwide Inc. | 0.33% | 46,873 | $6.2M | Reduce -0.5% |
| ADP Automatic Data Processing | 0.32% | 20,658 | $6.1M | Reduce -3.7% |
| IEFA iShares Core MSCI Eafe ETF | 0.32% | 68,442 | $6.0M | Reduce -4.2% |
| IWR iShares Russell Mid-Cap ETF | 0.31% | 61,471 | $5.9M | No change |
| HRL Hormel Foods Corp. | 0.31% | 238,950 | $5.9M | Reduce -1.8% |
| PANW Palo Alto Networks Inc. | 0.30% | 27,426 | $5.6M | Add +8.7% |
| FUL H.B. Fuller Co. filed as FULLER H B CO | 0.28% | 90,130 | $5.3M | Reduce -0.0% |
| NFLX Netflix Inc. | 0.27% | 4,306 | $5.2M | Add +0.3% |
| CRM Salesforce Inc. | 0.27% | 21,489 | $5.1M | Add +23.1% |
| WMT Walmart Inc. | 0.27% | 49,260 | $5.1M | Reduce -0.2% |
| ENTG Entegris Inc. | 0.26% | 53,451 | $4.9M | Add +1.1% |
| MA Mastercard Inc. Class A | 0.26% | 8,646 | $4.9M | Reduce -5.0% |
| USB US Bancorp | 0.26% | 101,308 | $4.9M | Reduce -76.4% |
| IWD iShares Russell 1000 Value E | 0.26% | 23,927 | $4.9M | Reduce -5.9% |
| IVW iShares S&P 500 Growth ETF | 0.26% | 40,228 | $4.9M | Reduce -1.6% |
| EFG iShares MSCI Eafe Growth ETF | 0.25% | 42,199 | $4.8M | No change |
| MCD McDonald's Corp. | 0.25% | 15,551 | $4.7M | Add +1.0% |
| LOW Lowe's Cos Inc. | 0.25% | 18,656 | $4.7M | Add +0.2% |
| SCHW Schwab (charles) Corp. | 0.25% | 48,806 | $4.7M | Reduce -12.0% |
| TNC Tennant Co. | 0.24% | 57,012 | $4.6M | Reduce -0.3% |
| GSEW Goldman Sachs Eql WGHT Large | 0.24% | 53,473 | $4.5M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.24% | 88,058 | $4.5M | Add +0.2% |
| CSCO Cisco Systems Inc. | 0.23% | 64,854 | $4.4M | Reduce -2.4% |
| TXN Texas Instruments Inc. | 0.23% | 23,525 | $4.3M | Reduce -2.6% |
| BMI Badger Meter Inc. | 0.23% | 23,981 | $4.3M | Reduce -0.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.22% | 57,283 | $4.1M | Add +0.6% |
| EFA iShares MSCI Eafe ETF | 0.21% | 43,342 | $4.0M | Reduce -0.5% |
| DCI Donaldson Co. Inc. | 0.21% | 48,881 | $4.0M | Reduce -17.2% |
| NEE Nextera Energy Inc. | 0.21% | 52,573 | $4.0M | Reduce -0.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.21% | 21,194 | $4.0M | Reduce -1.1% |
| BBCA JPMorgan Betabuilders Canada | 0.21% | 45,014 | $3.9M | Add +3.6% |
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 | $834K | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 319 | $394K | No change |
Total filed on the 13F, all lines: $1.9B.
Portfolio Sells Q2 2025 → Q3 2025
| USB US Bancorp | Reduce -76.4% | 0.26% | −0.77 |
| PCAR Paccar Inc. | Reduce -32.8% | 1.67% | −0.74 |
| LLY Eli Lilly & Co. | Reduce -25.2% | 1.45% | −0.53 |
| IBM Intl Business Machines Corp. | Reduce -77.5% | 0.14% | −0.51 |
| CMG Chipotle Mexican Grill Inc. | Reduce -89.5% | 0.03% | −0.43 |
| QCOM Qualcomm Inc. | Reduce -37.8% | 0.68% | −0.37 |
| FISV Fiserv Inc. | Reduce -0.3% | 0.81% | −0.28 |
| MSFT Microsoft Corp. | Reduce -9.0% | 4.69% | −0.27 |
| JPM JPMorgan Chase & Co. | Reduce -19.4% | 1.72% | −0.24 |
| AXP American Express Co. | Reduce -32.6% | 0.52% | −0.22 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -49.9% | 0.18% | −0.17 |
| BXSL Blackstone Secured Lending F | Sold out | 0.00% | −0.16 |
| AMGN Amgen Inc. | Reduce -48.9% | 0.15% | −0.14 |
| UPS United Parcel Service Class B | Reduce -85.9% | 0.01% | −0.11 |
| HON Honeywell International Inc. | Reduce -4.0% | 0.61% | −0.09 |
| BMI Badger Meter Inc. | Reduce -0.6% | 0.23% | −0.09 |
| ABT Abbott Laboratories | Reduce -8.3% | 0.78% | −0.09 |
| VGIT Vanguard Intermediate-Term T | Reduce -52.0% | 0.08% | −0.09 |
| HRL Hormel Foods Corp. | Reduce -1.8% | 0.31% | −0.08 |
| TXRH Texas Roadhouse Inc. | Sold out | 0.00% | −0.08 |
| TGT Target Corp. | Reduce -29.2% | 0.13% | −0.07 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -67.5% | 0.03% | −0.06 |
| DIS The Walt Disney Co. | Reduce -7.1% | 0.38% | −0.06 |
| CL Colgate-Palmolive Co. | Reduce -70.5% | 0.02% | −0.06 |
| MRK Merck & Co. Inc. | Reduce -29.2% | 0.18% | −0.06 |
| NKE Nike Inc. Class B | Reduce -59.2% | 0.04% | −0.06 |
| TBLL Invesco Short Term Treasury | Reduce -74.1% | 0.02% | −0.06 |
| PEP Pepsico Inc. | Reduce -26.0% | 0.19% | −0.05 |
| BBY Best Buy Co. Inc. | Sold out | 0.00% | −0.05 |
| PFG Principal Financial Group | Reduce -21.5% | 0.19% | −0.04 |
| BRK.A Berkshire Hathaway Inc. Class A | Sold out | 0.00% | −0.04 |
| TXN Texas Instruments Inc. | Reduce -2.6% | 0.23% | −0.04 |
| CTVA Corteva Inc. | Reduce -41.0% | 0.04% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -0.6% | 0.44% | −0.03 |
| EMB iShares JP Morgan Usd Emergi | Sold out | 0.00% | −0.03 |
| ADP Automatic Data Processing | Reduce -3.7% | 0.32% | −0.03 |
| PSX Phillips 66 | Reduce -45.1% | 0.05% | −0.03 |
| ACN Accenture PLC Class A | Reduce -4.1% | 0.10% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -2.6% | 0.38% | −0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -2.4% | 0.08% | −0.02 |
| XLK SS Technology Select Sector | Reduce -41.3% | 0.04% | −0.02 |
| PAYC Paycom Software Inc. | Reduce -61.1% | 0.01% | −0.02 |
| COP Conocophillips | Reduce -27.3% | 0.07% | −0.02 |
| SCHW Schwab (charles) Corp. | Reduce -12.0% | 0.25% | −0.02 |
| DD Dupont DE Nemours Inc. | Reduce -40.7% | 0.04% | −0.02 |
| KVUE Kenvue Inc. | Reduce -54.2% | 0.01% | −0.02 |
| VHT Vanguard Health Care ETF | Reduce -44.8% | 0.02% | −0.02 |
| SAP Sap SE-Sponsored ADR | Reduce -0.0% | 0.13% | −0.02 |
| CTAS Cintas Corp. | Reduce -8.9% | 0.09% | −0.02 |
| F Ford Motor Co. | Reduce -59.8% | 0.01% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| BRK.B Berkshire Hathaway Inc. Class B | Add +27.9% | 0.64% | +0.16 |
| WEC WEC Energy Group Inc. | Add +47.9% | 0.37% | +0.14 |
| TSLA Tesla Inc. | Add +0.5% | 0.48% | +0.14 |
| UNH Unitedhealth Group Inc. | Add +6.2% | 0.90% | +0.13 |
| VTI VG Morningstar TS MKT ETF-US | Add +4.0% | 1.13% | +0.12 |
| JCPB JPMorgan Core Plus Bond ETF | New | 0.12% | +0.12 |
| AVGO Broadcom Inc. | Add +0.8% | 0.66% | +0.11 |
| VOO Vanguard S&P 500 ETF | Add +3.1% | 0.95% | +0.09 |
| ORCL Oracle Corp. | Add +1.5% | 0.38% | +0.09 |
| TSM Taiwan Semiconductor-SP ADR | Add +1.8% | 0.43% | +0.09 |
| AMZN Amazon.com Inc. | Add +4.0% | 2.25% | +0.08 |
| ABBV Abbvie Inc. | Add +0.3% | 0.40% | +0.08 |
| IDA Idacorp Inc. | New | 0.08% | +0.08 |
| LFUS Littelfuse Inc. | Add +1.1% | 0.55% | +0.07 |
| JMTG Mortgage-Backed Securities | New | 0.07% | +0.07 |
| VOTE TCW Transform 500 ETF | Add +1.8% | 0.78% | +0.07 |
| INTC Intel Corp. | Add +1.1% | 0.20% | +0.07 |
| KHC The Kraft Heinz Co. | Add +70.7% | 0.16% | +0.07 |
| META Meta Platforms Inc. Class A | Add +7.9% | 0.89% | +0.06 |
| RTX RTX Corp. | Add +1.1% | 0.35% | +0.05 |
| TTC Toro Co. | Add +0.5% | 0.63% | +0.05 |
| ENTG Entegris Inc. | Add +1.1% | 0.26% | +0.04 |
| CAT Caterpillar Inc. | Add +1.1% | 0.18% | +0.04 |
| TECH Bio-Techne Corp. | Add +0.5% | 0.45% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | Add +8.4% | 0.11% | +0.03 |
| QUAL iShares MSCI USA Quality Fac | Add +0.1% | 0.56% | +0.03 |
| ANET Arista Networks Inc. | Add +2.3% | 0.09% | +0.03 |
| MEDP Medpace Holdings Inc. | New | 0.03% | +0.03 |
| DUHP Dimensional US High Profi Et | Add +61.4% | 0.07% | +0.03 |
| LOW Lowe's Cos Inc. | Add +0.2% | 0.25% | +0.03 |
| DIHP Dimensional International Hi | Add +105.0% | 0.05% | +0.03 |
| BBEU JPMorgan Betabuilders Europe | Add +13.9% | 0.19% | +0.03 |
| WFC Wells Fargo & Co. | Add +0.3% | 0.61% | +0.03 |
| HOOD Robinhood Markets Inc. Class A | Add +2.9% | 0.08% | +0.03 |
| XLY SS Consumer Disc Select Sect | Add +4.5% | 0.20% | +0.03 |
| CGNX Cognex Corp. | New | 0.03% | +0.03 |
| AMD Advanced Micro Devices | Add +0.3% | 0.20% | +0.02 |
| CVX Chevron Corp. | Add +6.6% | 0.19% | +0.02 |
| AEVA Aeva Technologies Inc. | New | 0.02% | +0.02 |
| TMO Thermo Fisher Scientific Inc. | Add +4.6% | 0.12% | +0.02 |
| DELL Dell Technologies -C | Add +1.1% | 0.17% | +0.02 |
| ROK Rockwell Automation Inc. | Add +0.2% | 0.46% | +0.02 |
| BABA Alibaba Group Holding-SP ADR | Add +33.9% | 0.04% | +0.02 |
| MU Micron Technology Inc. | Add +0.5% | 0.09% | +0.02 |
| BBCA JPMorgan Betabuilders Canada | Add +3.6% | 0.21% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +8.7% | 0.30% | +0.02 |
| LRCX Lam Research Corp. | Add +1.0% | 0.08% | +0.02 |
| JPIE JPMorgan Income ETF | New | 0.02% | +0.02 |
| BAC Bank of America Corp. | Add +0.2% | 0.24% | +0.02 |
| VXUS Vanguard Total Intl Stock | Add +0.1% | 0.33% | +0.02 |
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 |