Dorsey & Whitney Trust CO LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), Dorsey & Whitney Trust CO LLC reported 700 stock positions worth $1.9 billion. Its top holding was Nvidia (NVDA) at 4.6% of the portfolio, followed by Microsoft (MSFT, 4.3%) and Apple (AAPL, 3.1%). Compared with Q3 2025, it opened 45 new positions, sold out of 31, added to 296 and reduced 249. The biggest buy was a new position in iShares 7-10 Year Treasury B (IEF) and the biggest sale Fiserv (FISV, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- SIOUX FALLS, SD
- CIK
- 0001384042
- Portfolio Value
- $1.9B (Q4 2025)
- SEC Filing
- 0001062993-26-000798 ↗ filed Feb 11, 2026
Holdings Value
Holdings 700 stocks · $1.9B
| NVDA Nvidia Corp. | 4.57% | 462,989 | $86.3M | Reduce -3.6% |
| MSFT Microsoft Corp. | 4.34% | 169,573 | $82.0M | Reduce -1.1% |
| AAPL Apple Inc. | 3.12% | 217,194 | $59.0M | Reduce -0.9% |
| GOOG Alphabet Inc. Class C | 2.57% | 154,499 | $48.5M | Reduce -16.1% |
| AMZN Amazon.com Inc. | 2.47% | 202,597 | $46.8M | Add +4.5% |
| IVV iShares Core S&P 500 ETF | 2.32% | 63,940 | $43.8M | Reduce -1.6% |
| OEF iShares S&P 100 ETF | 2.26% | 124,725 | $42.8M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.96% | 54,297 | $37.0M | Reduce -0.1% |
| LLY Eli Lilly & Co. | 1.81% | 31,833 | $34.2M | Reduce -11.2% |
| JPM JPMorgan Chase & Co. | 1.68% | 98,773 | $31.8M | Reduce -4.3% |
| GOOGL Alphabet Inc. Class A | 1.50% | 90,342 | $28.3M | Reduce -16.6% |
| VOYG Voyager Technologies Inc. Class A | 1.46% | 1,055,040 | $27.6M | Reduce -0.5% |
| PCAR Paccar Inc. | 1.28% | 220,061 | $24.1M | Reduce -31.7% |
| V Visa Inc. Class A | 1.21% | 65,315 | $22.9M | Add +0.6% |
| VTI VG Morningstar TS MKT ETF-US | 1.17% | 66,149 | $22.2M | Add +1.5% |
| IWF iShares Russell 1000 Growth | 1.17% | 46,577 | $22.0M | Reduce -5.3% |
| JNJ Johnson & Johnson | 1.05% | 95,436 | $19.8M | Reduce -1.8% |
| VOO Vanguard S&P 500 ETF | 0.97% | 29,148 | $18.3M | Reduce -0.6% |
| META Meta Platforms Inc. Class A | 0.94% | 26,827 | $17.7M | Add +17.4% |
| GGG Graco Inc. | 0.91% | 210,733 | $17.3M | Reduce -0.6% |
| HD Home Depot Inc. | 0.85% | 46,790 | $16.1M | Add +0.4% |
| VGT Vanguard Info Tech ETF | 0.83% | 20,853 | $15.7M | Reduce -0.5% |
| VOTE TCW Transform 500 ETF | 0.80% | 189,410 | $15.2M | Add +0.6% |
| ECL Ecolab Inc. | 0.73% | 52,443 | $13.8M | Reduce -1.4% |
| UNH Unitedhealth Group Inc. | 0.73% | 41,636 | $13.7M | Reduce -15.8% |
| AVGO Broadcom Inc. | 0.69% | 37,718 | $13.1M | Reduce -0.3% |
| WFC Wells Fargo & Co. | 0.67% | 136,746 | $12.7M | Reduce -0.7% |
| ACWI iShares MSCI Acwi ETF | 0.67% | 89,595 | $12.7M | No change |
| FAST Fastenal Co. | 0.67% | 314,811 | $12.6M | Reduce -2.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.65% | 24,586 | $12.4M | Add +2.5% |
| ABT Abbott Laboratories | 0.64% | 97,093 | $12.2M | Reduce -11.5% |
| QCOM Qualcomm Inc. | 0.63% | 69,776 | $11.9M | Reduce -9.5% |
| VEA Vanguard Ftse Developed ETF | 0.61% | 184,652 | $11.5M | Reduce -4.9% |
| QUAL iShares MSCI USA Quality Fac | 0.57% | 54,672 | $10.9M | Add +0.9% |
| IEMG iShares Core MSCI Emerging | 0.56% | 157,577 | $10.6M | Add +4.6% |
| SOLV Solventum Corp. | 0.55% | 130,447 | $10.3M | Reduce -0.5% |
| TSLA Tesla Inc. | 0.53% | 22,432 | $10.1M | Add +8.8% |
| LNT Alliant Energy Corp. | 0.53% | 155,054 | $10.1M | Reduce -0.1% |
| RSP Invesco S&P 500 Equal Weight | 0.53% | 52,441 | $10.0M | Add +4.7% |
| TTC Toro Co. | 0.53% | 126,662 | $10.0M | Reduce -19.1% |
| LFUS Littelfuse Inc. | 0.52% | 39,083 | $9.9M | Reduce -2.8% |
| ROK Rockwell Automation Inc. | 0.50% | 24,474 | $9.5M | Reduce -2.6% |
| AXP American Express Co. | 0.49% | 24,786 | $9.2M | Reduce -16.6% |
| MSI Motorola Solutions Inc. | 0.48% | 23,642 | $9.1M | Add +33.7% |
| HON Honeywell International Inc. | 0.47% | 45,746 | $8.9M | Reduce -16.5% |
| NVT Nvent Electric PLC | 0.46% | 84,605 | $8.6M | Reduce -4.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.46% | 28,342 | $8.6M | Reduce -1.8% |
| TECH Bio-Techne Corp. | 0.42% | 135,325 | $8.0M | Reduce -10.8% |
| IJR iShares Core S&P Small-Cap E | 0.41% | 64,396 | $7.7M | Reduce -0.1% |
| VYM Vanguard High DVD Yield ETF | 0.41% | 53,540 | $7.7M | Reduce -0.1% |
| CHRW C.H. Robinson Worldwide Inc. | 0.39% | 46,031 | $7.4M | Reduce -1.8% |
| SHW The Sherwin-Williams Co. | 0.38% | 22,417 | $7.3M | Add +1.8% |
| FRSH Freshworks Inc. Class A | 0.38% | 589,520 | $7.2M | Reduce -0.0% |
| VZ Verizon Communications Inc. | 0.38% | 176,110 | $7.2M | Add +1.1% |
| VT Vanguard Tot World STK ETF | 0.38% | 50,305 | $7.1M | No change |
| FISV Fiserv Inc. | 0.37% | 105,094 | $7.1M | Reduce -11.2% |
| EFV iShares MSCI Eafe Value ETF | 0.37% | 97,745 | $7.0M | Add +3.8% |
| IWM iShares Russell 2000 ETF | 0.37% | 28,286 | $7.0M | Reduce -0.7% |
| VWO Vanguard Ftse Emerging Marke | 0.37% | 129,185 | $6.9M | Reduce -6.7% |
| WEC WEC Energy Group Inc. | 0.37% | 65,817 | $6.9M | Add +9.1% |
| XLF SS Financial Select Sector | 0.36% | 125,588 | $6.9M | Reduce -0.3% |
| PG The Procter & Gamble Co. | 0.36% | 47,724 | $6.8M | Add +0.9% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.36% | 21,672 | $6.8M | Add +1.4% |
| IJH iShares Core S&P Midcap ETF | 0.35% | 101,559 | $6.7M | Reduce -3.3% |
| USB US Bancorp | 0.35% | 122,765 | $6.6M | Add +21.2% |
| VXUS Vanguard Total Intl Stock | 0.34% | 85,663 | $6.5M | Add +0.3% |
| ABBV Abbvie Inc. | 0.34% | 27,939 | $6.4M | Reduce -14.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.33% | 69,628 | $6.2M | Add +1.7% |
| IWR iShares Russell Mid-Cap ETF | 0.32% | 62,743 | $6.0M | Add +2.1% |
| CRM Salesforce Inc. | 0.32% | 22,797 | $6.0M | Add +6.1% |
| IEF iShares 7-10 Year Treasury B | 0.32% | 62,482 | $6.0M | New |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.31% | 51,923 | $5.9M | Reduce -17.4% |
| PANW Palo Alto Networks Inc. | 0.31% | 31,934 | $5.9M | Add +16.4% |
| TLT iShares 20+ Year Treasury BD | 0.31% | 66,966 | $5.8M | New |
| COST Costco Wholesale Corp. | 0.31% | 6,687 | $5.8M | Reduce -26.1% |
| WMT Walmart Inc. | 0.30% | 51,126 | $5.7M | Add +3.8% |
| AMD Advanced Micro Devices | 0.28% | 24,833 | $5.3M | Add +5.6% |
| MA Mastercard Inc. Class A | 0.27% | 8,991 | $5.1M | Add +4.0% |
| IWD iShares Russell 1000 Value E | 0.27% | 24,165 | $5.1M | Add +1.0% |
| CSCO Cisco Systems Inc. | 0.27% | 65,863 | $5.1M | Add +1.6% |
| GSEW Goldman Sachs Eql WGHT Large | 0.27% | 58,995 | $5.0M | Add +10.3% |
| MCD McDonald's Corp. | 0.26% | 16,237 | $5.0M | Add +4.4% |
| IVW iShares S&P 500 Growth ETF | 0.26% | 40,228 | $5.0M | No change |
| ORCL Oracle Corp. | 0.26% | 25,234 | $4.9M | Reduce -0.9% |
| FUL H.B. Fuller Co. filed as FULLER H B CO | 0.26% | 82,600 | $4.9M | Reduce -8.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.26% | 89,227 | $4.9M | Add +1.3% |
| EFG iShares MSCI Eafe Growth ETF | 0.25% | 42,199 | $4.8M | No change |
| SCHW Schwab (charles) Corp. | 0.25% | 47,103 | $4.7M | Reduce -3.5% |
| QQQM Invesco Nasdaq 100 ETF | 0.25% | 18,540 | $4.7M | Add +186.6% |
| HRL Hormel Foods Corp. | 0.24% | 191,314 | $4.5M | Reduce -19.9% |
| ADP Automatic Data Processing | 0.24% | 17,404 | $4.5M | Reduce -15.8% |
| EFA iShares MSCI Eafe ETF | 0.23% | 45,549 | $4.4M | Add +5.1% |
| BBEU JPMorgan Betabuilders Europe | 0.22% | 57,544 | $4.2M | Add +11.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.22% | 57,283 | $4.2M | No change |
| XLV SS Health Care Select Sector | 0.22% | 27,077 | $4.2M | Reduce -1.7% |
| BMI Badger Meter Inc. | 0.22% | 24,018 | $4.2M | Add +0.1% |
| BBCA JPMorgan Betabuilders Canada | 0.22% | 45,014 | $4.2M | No change |
| CAT Caterpillar Inc. | 0.22% | 7,273 | $4.2M | Add +0.9% |
| RTX RTX Corp. | 0.22% | 22,519 | $4.1M | Reduce -43.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.22% | 21,444 | $4.1M | Add +1.2% |
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 | $816K | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 326 | $395K | Add +2.2% |
Total filed on the 13F, all lines: $1.9B.
Portfolio Sells Q3 2025 → Q4 2025
| FISV Fiserv Inc. | Reduce -11.2% | 0.37% | −0.43 |
| PCAR Paccar Inc. | Reduce -31.7% | 1.28% | −0.40 |
| MSFT Microsoft Corp. | Reduce -1.1% | 4.34% | −0.35 |
| VOYG Voyager Technologies Inc. Class A | Reduce -0.5% | 1.46% | −0.21 |
| UNH Unitedhealth Group Inc. | Reduce -15.8% | 0.73% | −0.17 |
| NVDA Nvidia Corp. | Reduce -3.6% | 4.57% | −0.17 |
| FAST Fastenal Co. | Reduce -2.3% | 0.67% | −0.17 |
| INTC Intel Corp. | Reduce -75.7% | 0.05% | −0.15 |
| LOW Lowe's Cos Inc. | Reduce -54.7% | 0.11% | −0.14 |
| COST Costco Wholesale Corp. | Reduce -26.1% | 0.31% | −0.14 |
| HON Honeywell International Inc. | Reduce -16.5% | 0.47% | −0.14 |
| RTX RTX Corp. | Reduce -43.5% | 0.22% | −0.13 |
| ABT Abbott Laboratories | Reduce -11.5% | 0.64% | −0.13 |
| ORCL Oracle Corp. | Reduce -0.9% | 0.26% | −0.12 |
| TTC Toro Co. | Reduce -19.1% | 0.53% | −0.10 |
| ADP Automatic Data Processing | Reduce -15.8% | 0.24% | −0.08 |
| AMP Ameriprise Financial Inc. | Reduce -57.3% | 0.06% | −0.08 |
| HRL Hormel Foods Corp. | Reduce -19.9% | 0.24% | −0.07 |
| CDNS Cadence Design SYS Inc. | Reduce -69.2% | 0.03% | −0.07 |
| KHC The Kraft Heinz Co. | Reduce -39.7% | 0.09% | −0.07 |
| DIS The Walt Disney Co. | Reduce -17.4% | 0.31% | −0.07 |
| PIPR Piper Sandler Cos | Reduce -43.2% | 0.08% | −0.07 |
| NFLX Netflix Inc. | Reduce -2.9% | 0.21% | −0.07 |
| ABBV Abbvie Inc. | Reduce -14.5% | 0.34% | −0.06 |
| NEE Nextera Energy Inc. | Reduce -33.5% | 0.15% | −0.06 |
| NMFC New Mountain Finance Corp. | Sold out | 0.00% | −0.06 |
| PGR Progressive Corp. | Reduce -41.2% | 0.07% | −0.06 |
| IWF iShares Russell 1000 Growth | Reduce -5.3% | 1.17% | −0.05 |
| TNC Tennant Co. | Reduce -12.7% | 0.19% | −0.05 |
| MAR Marriott International Class A | Reduce -52.3% | 0.06% | −0.05 |
| ENTG Entegris Inc. | Reduce -10.0% | 0.21% | −0.05 |
| QCOM Qualcomm Inc. | Reduce -9.5% | 0.63% | −0.05 |
| ORLY O'reilly Automotive Inc. | Reduce -43.8% | 0.04% | −0.05 |
| DD Dupont DE Nemours Inc. | Sold out | 0.00% | −0.04 |
| TXN Texas Instruments Inc. | Reduce -14.6% | 0.18% | −0.04 |
| TGT Target Corp. | Reduce -37.6% | 0.09% | −0.04 |
| DELL Dell Technologies -C | Reduce -15.4% | 0.13% | −0.04 |
| ECL Ecolab Inc. | Reduce -1.4% | 0.73% | −0.04 |
| GGG Graco Inc. | Reduce -0.6% | 0.91% | −0.04 |
| MMM 3M Co. | Reduce -25.4% | 0.13% | −0.04 |
| GLW Corning Inc. | Reduce -50.6% | 0.04% | −0.04 |
| AXP American Express Co. | Reduce -16.6% | 0.49% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -4.3% | 1.68% | −0.04 |
| HWKN Hawkins Inc. | Reduce -5.6% | 0.09% | −0.03 |
| ITW Illinois Tool Works | Reduce -22.3% | 0.09% | −0.03 |
| NSC Norfolk Southern Corp. | Reduce -35.6% | 0.05% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -45.9% | 0.03% | −0.03 |
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.03 |
| VWO Vanguard Ftse Emerging Marke | Reduce -6.7% | 0.37% | −0.03 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -33.9% | 0.11% | −0.03 |
Portfolio Buys Q3 2025 → Q4 2025
| IEF iShares 7-10 Year Treasury B | New | 0.32% | +0.32 |
| TLT iShares 20+ Year Treasury BD | New | 0.31% | +0.31 |
| AMZN Amazon.com Inc. | Add +4.5% | 2.47% | +0.23 |
| BND Vanguard Total Bond Market | Add +522.2% | 0.20% | +0.17 |
| QQQM Invesco Nasdaq 100 ETF | Add +186.6% | 0.25% | +0.16 |
| JPST JPMorgan Ultra-Short Income | New | 0.09% | +0.09 |
| USB US Bancorp | Add +21.2% | 0.35% | +0.09 |
| BSV Vanguard Short-Term Bond ETF | New | 0.08% | +0.08 |
| AMD Advanced Micro Devices | Add +5.6% | 0.28% | +0.08 |
| MINT PIMCO Enhanced Short Maturit | Add +126.3% | 0.14% | +0.08 |
| MU Micron Technology Inc. | Add +12.1% | 0.16% | +0.08 |
| VUSB Vanguard Ultra Short Bond Et | Add +120.2% | 0.14% | +0.08 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +202.5% | 0.08% | +0.06 |
| MSI Motorola Solutions Inc. | Add +33.7% | 0.48% | +0.05 |
| CRM Salesforce Inc. | Add +6.1% | 0.32% | +0.05 |
| META Meta Platforms Inc. Class A | Add +17.4% | 0.94% | +0.05 |
| ISRG Intuitive Surgical Inc. | Add +15.9% | 0.15% | +0.05 |
| TSLA Tesla Inc. | Add +8.8% | 0.53% | +0.05 |
| HPE Hewlett Packard Enterprise | Add +389.9% | 0.06% | +0.05 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.5% | 1.17% | +0.04 |
| V Visa Inc. Class A | Add +0.6% | 1.21% | +0.04 |
| CAT Caterpillar Inc. | Add +0.9% | 0.22% | +0.04 |
| IWS iShares Russell Mid-Cap Valu | New | 0.04% | +0.04 |
| IEMG iShares Core MSCI Emerging | Add +4.6% | 0.56% | +0.04 |
| CSCO Cisco Systems Inc. | Add +1.6% | 0.27% | +0.03 |
| BBEU JPMorgan Betabuilders Europe | Add +11.6% | 0.22% | +0.03 |
| WMT Walmart Inc. | Add +3.8% | 0.30% | +0.03 |
| TMO Thermo Fisher Scientific Inc. | Add +6.3% | 0.15% | +0.03 |
| EFV iShares MSCI Eafe Value ETF | Add +3.8% | 0.37% | +0.03 |
| BRZE Braze Inc. Class A | New | 0.03% | +0.03 |
| IUSV iShares Core S&P U.S. Value | New | 0.03% | +0.03 |
| MBB iShares MBS ETF | Add +27.1% | 0.14% | +0.03 |
| RSP Invesco S&P 500 Equal Weight | Add +4.7% | 0.53% | +0.03 |
| CGNX Cognex Corp. | Add +166.9% | 0.05% | +0.03 |
| VKTX Viking Therapeutics Inc. | Add +46.1% | 0.06% | +0.03 |
| CRCL Circle Internet Group Inc. | New | 0.03% | +0.03 |
| AMAT Applied Materials Inc. | Add +3.0% | 0.11% | +0.03 |
| GSEW Goldman Sachs Eql WGHT Large | Add +10.3% | 0.27% | +0.03 |
| AMGN Amgen Inc. | Add +0.4% | 0.18% | +0.03 |
| LRCX Lam Research Corp. | Add +4.1% | 0.10% | +0.03 |
| VOTE TCW Transform 500 ETF | Add +0.6% | 0.80% | +0.02 |
| DHR Danaher Corp. | Add +6.1% | 0.12% | +0.02 |
| ZTS Zoetis Inc. | Add +74.3% | 0.07% | +0.02 |
| MTUM iShares MSCI USA Momentum Fa | Add +61.8% | 0.06% | +0.02 |
| XOM Exxon Mobil Corp. | Add +4.7% | 0.20% | +0.02 |
| DIHP Dimensional International Hi | Add +31.4% | 0.07% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +24.0% | 0.11% | +0.02 |
| BAC Bank of America Corp. | Add +1.3% | 0.26% | +0.02 |
| APP AppLovin Corp. Class A | Add +80.5% | 0.05% | +0.02 |
| DUHP Dimensional US High Profi Et | Add +26.3% | 0.09% | +0.02 |
Notes & Other Activity Q3 2025 → Q4 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +2.2% | 326 | $395K |
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 |