Evergreen Capital Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Evergreen Capital Management LLC reported 1,064 stock positions worth $3.1 billion. Its top holding was Microsoft (MSFT) at 3.1% of the portfolio, followed by Apple (AAPL, 2.9%) and Paccar (PCAR, 2.4%). Compared with Q3 2024, it opened 125 new positions, sold out of 64, added to 496 and reduced 347. The biggest buy was Janus Henderson Aaa Clo ETF (JAAA, shares +170%) and the biggest sale an exit from Global X Superdividend Use (DIV).
- Most Recent 13F
- Q2 2026
- Location
- Bellevue, WA
- CIK
- 0001260824
- Portfolio Value
- $3.1B (Q4 2024)
- SEC Filing
- 0001172661-25-000819 ↗ filed Feb 13, 2025
Holdings Value
Holdings 1,064 stocks · $3.1B
| MSFT Microsoft Corp. | 3.11% | 227,024 | $95.7M | Reduce -1.8% |
| AAPL Apple Inc. | 2.92% | 358,194 | $89.7M | Reduce -0.1% |
| PCAR Paccar Inc. | 2.42% | 694,471 | $74.3M | Add +2.2% |
| IEI iShares 3-7 Year Treasury Bo | 1.85% | 491,543 | $56.8M | Add +1.1% |
| AMZN Amazon.com Inc. | 1.73% | 242,550 | $53.2M | Add +0.5% |
| JAAA Janus Henderson Aaa Clo ETF | 1.64% | 994,198 | $50.4M | Add +170.1% |
| GOOG Alphabet Inc. Class C | 1.63% | 262,302 | $50.0M | Add +15.3% |
| NVDA Nvidia Corp. | 1.51% | 346,039 | $46.5M | Reduce -1.3% |
| GOOGL Alphabet Inc. Class A | 1.26% | 204,812 | $38.8M | Add +32.6% |
| MTBA Simplify MBS ETF | 1.20% | 741,880 | $36.9M | Reduce -8.6% |
| SHY iShares 1-3 Year Treasury Bo | 1.10% | 410,741 | $33.7M | Reduce -5.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.07% | 80,143 | $32.9M | Reduce -1.3% |
| SPTS SS SPDR P St Term TSY ETF | 1.06% | 1,126,101 | $32.7M | Reduce -16.8% |
| EPD Enterprise Products Partners | 1.03% | 1,009,345 | $31.7M | Reduce -0.3% |
| BINC iShares Flex I A ETF-Usd Inc. | 1.01% | 593,754 | $30.9M | Add +1.6% |
| JPM JPMorgan Chase & Co. | 0.97% | 124,645 | $29.9M | Add +0.2% |
| ANGL Vaneck Fallen Angel High YLD | 0.96% | 1,032,818 | $29.6M | Add +1.1% |
| VNQ Vanguard Real Estate ETF | 0.88% | 304,281 | $27.1M | Reduce -1.9% |
| MLPX Global X MLP & Energy Infras | 0.83% | 419,753 | $25.4M | New |
| MLPA Global X MLP ETF | 0.80% | 498,718 | $24.6M | New |
| VMBS Vanguard Mortgage-Backed Sec | 0.78% | 527,755 | $23.9M | Reduce -4.8% |
| DOCU Docusign Inc. | 0.76% | 259,873 | $23.4M | Reduce -5.1% |
| IXC iShares Global Energy ETF | 0.76% | 611,124 | $23.3M | Reduce -0.6% |
| EMLC Vaneck JPM Em Local Curr BND | 0.76% | 1,004,175 | $23.2M | Add +2.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.68% | 123,598 | $20.9M | Add +26.5% |
| AESI Atlas Energy Solutions Inc. | 0.67% | 931,550 | $20.7M | Reduce -8.7% |
| SPHQ Invesco S&P 500 Quality ETF | 0.66% | 304,073 | $20.4M | Add +8.2% |
| CSCO Cisco Systems Inc. | 0.65% | 339,116 | $20.1M | Add +2.1% |
| UPS United Parcel Service Class B | 0.65% | 158,276 | $20.0M | Add +7.3% |
| JBBB Janus Henderson B-BBB Clo Et | 0.62% | 384,930 | $18.9M | Reduce -5.3% |
| ET Energy Transfer LP | 0.61% | 961,587 | $18.8M | Reduce -0.1% |
| TEI Templeton Emrg MKTS Inc. | 0.61% | 3,627,669 | $18.6M | Add +3.3% |
| PAGP Plains GP Holdings LP | 0.60% | 1,004,946 | $18.5M | Reduce -0.5% |
| COST Costco Wholesale Corp. | 0.59% | 19,910 | $18.2M | Reduce -10.7% |
| META Meta Platforms Inc. Class A | 0.59% | 30,908 | $18.1M | Reduce -0.0% |
| NKE Nike Inc. Class B | 0.59% | 237,199 | $18.0M | Add +3.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.57% | 29,810 | $17.5M | Reduce -1.8% |
| PAVE Global X US Infrastructure | 0.57% | 431,444 | $17.5M | New |
| ORCL Oracle Corp. | 0.57% | 104,282 | $17.4M | Reduce -1.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.56% | 33,518 | $17.1M | Reduce -9.2% |
| UBER Uber Technologies Inc. | 0.55% | 282,360 | $17.0M | Add +41.9% |
| EDD Morgan Stanley Emrg MRK Dom | 0.55% | 3,599,524 | $16.9M | Add +25.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.54% | 36,542 | $16.6M | Reduce -1.8% |
| QCOM Qualcomm Inc. | 0.54% | 107,743 | $16.6M | Add +1.3% |
| VDE Vanguard Energy ETF | 0.54% | 136,212 | $16.5M | Reduce -0.3% |
| AES AES Corp. | 0.53% | 1,271,550 | $16.4M | Add +169.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.52% | 80,138 | $15.9M | Add +0.9% |
| JNJ Johnson & Johnson | 0.51% | 108,751 | $15.7M | Reduce -2.8% |
| AVGO Broadcom Inc. | 0.48% | 63,256 | $14.7M | Add +0.5% |
| TSLA Tesla Inc. | 0.47% | 35,546 | $14.4M | Add +30.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.47% | 325,927 | $14.3M | Add +3.0% |
| IVV iShares Core S&P 500 ETF | 0.46% | 23,955 | $14.1M | Reduce -1.0% |
| IVW iShares S&P 500 Growth ETF | 0.45% | 136,550 | $13.9M | Reduce -24.0% |
| SHEL Shell PLC-ADR | 0.45% | 218,933 | $13.7M | Add +0.9% |
| IFRA iShares US Infrastructure | 0.45% | 296,262 | $13.7M | Reduce -0.4% |
| CRH CRH PLC | 0.45% | 147,838 | $13.7M | Reduce -0.1% |
| VOO Vanguard S&P 500 ETF | 0.44% | 25,289 | $13.6M | Reduce -3.8% |
| CEF Sprott Physical Gold and Sil | 0.44% | 564,427 | $13.4M | Reduce -16.3% |
| VIG Vanguard Dividend Apprec ETF | 0.43% | 68,221 | $13.4M | Reduce -0.7% |
| PYPL PayPal Holdings Inc. | 0.43% | 154,395 | $13.2M | Add +1.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.43% | 116,771 | $13.1M | Add +2.1% |
| PFE Pfizer Inc. | 0.42% | 486,702 | $12.9M | Add +50.6% |
| REZ Ishars Res and Multi Reales | 0.41% | 154,824 | $12.5M | Add +5.5% |
| FAX Abrdn Asia-Pacific Income | 0.41% | 836,916 | $12.5M | Add +6.1% |
| IJR iShares Core S&P Small-Cap E | 0.40% | 107,355 | $12.4M | Add +0.9% |
| DMBS Doubleline Mortgage ETF | 0.40% | 254,101 | $12.2M | New |
| ENLC Enlink Midstream LLC | 0.39% | 853,295 | $12.1M | Reduce -9.6% |
| DELL Dell Technologies -C | 0.39% | 104,064 | $12.0M | Reduce -0.5% |
| DAL Delta Air Lines Inc. | 0.39% | 198,136 | $12.0M | Reduce -7.7% |
| PANW Palo Alto Networks Inc. | 0.39% | 65,086 | $11.8M | Reduce -0.4% |
| CRM Salesforce Inc. | 0.38% | 35,179 | $11.8M | Add +37.3% |
| IWS iShares Russell Mid-Cap Valu | 0.38% | 89,903 | $11.6M | Add +37.0% |
| BDX Becton Dickinson and Co. | 0.37% | 50,691 | $11.5M | Add +2.4% |
| VEU Vanguard Ftse All-World Ex-U | 0.36% | 195,266 | $11.2M | Add +1.2% |
| LULU Lululemon Athletica Inc. | 0.36% | 29,234 | $11.2M | Add +2.6% |
| MRK Merck & Co. Inc. | 0.36% | 111,380 | $11.2M | Add +60.4% |
| SCHW Schwab (charles) Corp. | 0.36% | 150,519 | $11.1M | Add +0.1% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.36% | 375,071 | $11.1M | Add +1.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.36% | 156,620 | $11.0M | Add +6.5% |
| FDX FedEx Corp. | 0.35% | 38,438 | $10.9M | Reduce -4.0% |
| IVOO Vanguard S&P Mid-Cap 400 ETF | 0.35% | 100,718 | $10.6M | Add +46.3% |
| EQT Eqt Corp. | 0.34% | 229,067 | $10.6M | Reduce -17.8% |
| MPLX MPLX LP | 0.34% | 215,910 | $10.3M | Add +0.3% |
| ABBV Abbvie Inc. | 0.33% | 57,612 | $10.2M | Add +3.8% |
| FANG Diamondback Energy Inc. | 0.32% | 60,452 | $9.9M | Add +4.1% |
| VGT Vanguard Info Tech ETF | 0.31% | 15,348 | $9.5M | Add +0.3% |
| STR Sitio Royalties Corp. Class A | 0.31% | 490,014 | $9.4M | Add +0.4% |
| DFAE Dimensional Emerging Core Eq | 0.31% | 369,590 | $9.4M | Add +0.7% |
| NTR Nutrien Ltd. | 0.30% | 205,551 | $9.3M | Add +12.2% |
| J Jacobs Solutions Inc. | 0.30% | 69,123 | $9.2M | Add +5.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.29% | 37,717 | $9.1M | Reduce -3.2% |
| CTRA Coterra Energy Inc. | 0.29% | 351,886 | $9.0M | Add +3.5% |
| UNH Unitedhealth Group Inc. | 0.29% | 17,645 | $8.9M | Reduce -2.4% |
| C Citigroup Inc. | 0.29% | 125,985 | $8.9M | Add +772.8% |
| BLK BlackRock Inc. | 0.29% | 8,636 | $8.9M | Add +3.0% |
| GDX Vaneck Gold Miners ETF | 0.29% | 259,790 | $8.8M | Reduce -0.5% |
| EEMS iShares MSCI Emerging MKT SM | 0.28% | 148,870 | $8.7M | Reduce -4.4% |
| CMI Cummins Inc. | 0.28% | 24,823 | $8.7M | Add +3.6% |
| KMI Kinder Morgan Inc. | 0.28% | 314,244 | $8.6M | Reduce -42.0% |
| MINT PIMCO Enhanced Short Maturit | 0.28% | 83,993 | $8.5M | Reduce -12.1% |
Options reported separately and not counted above: GOOG calls ($190K).
Portfolio Sells Q3 2024 → Q4 2024
| DIV Global X Superdividend Use | Sold out | 0.00% | −2.20 |
| GIS General Mills Inc. | Reduce -88.9% | 0.03% | −0.34 |
| IFLN Invesco Bloomberg Enhanced F | Reduce -66.7% | 0.13% | −0.28 |
| SPTS SS SPDR P St Term TSY ETF | Reduce -16.8% | 1.06% | −0.27 |
| ELV Elevance Health Inc. | Reduce -94.5% | 0.01% | −0.27 |
| MSFT Microsoft Corp. | Reduce -1.8% | 3.11% | −0.22 |
| MTBA Simplify MBS ETF | Reduce -8.6% | 1.20% | −0.20 |
| PEP Pepsico Inc. | Reduce -68.7% | 0.07% | −0.18 |
| APA Apa Corp. | Reduce -92.6% | 0.01% | −0.16 |
| RPRX Royalty Pharma PLC Class A | Reduce -58.2% | 0.09% | −0.15 |
| SYY Sysco Corp. | Reduce -86.0% | 0.02% | −0.15 |
| BIIB Biogen Inc. | Sold out | 0.00% | −0.15 |
| VNQ Vanguard Real Estate ETF | Reduce -1.9% | 0.88% | −0.14 |
| IVW iShares S&P 500 Growth ETF | Reduce -24.0% | 0.45% | −0.13 |
| KMI Kinder Morgan Inc. | Reduce -42.0% | 0.28% | −0.12 |
| CEF Sprott Physical Gold and Sil | Reduce -16.3% | 0.44% | −0.12 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -5.0% | 1.10% | −0.11 |
| NXT Nextpower Inc. | Reduce -91.8% | 0.01% | −0.10 |
| VMBS Vanguard Mortgage-Backed Sec | Reduce -4.8% | 0.78% | −0.10 |
| JNJ Johnson & Johnson | Reduce -2.8% | 0.51% | −0.10 |
| EWY iShares MSCI South Korea ETF | Reduce -0.9% | 0.25% | −0.08 |
| LLY Eli Lilly & Co. | Reduce -8.6% | 0.26% | −0.08 |
| IXC iShares Global Energy ETF | Reduce -0.6% | 0.76% | −0.08 |
| AESI Atlas Energy Solutions Inc. | Reduce -8.7% | 0.67% | −0.07 |
| IBHD iShares Ibonds 2024 H/Y Inc. | Sold out | 0.00% | −0.07 |
| COST Costco Wholesale Corp. | Reduce -10.7% | 0.59% | −0.07 |
| ENLC Enlink Midstream LLC | Reduce -9.6% | 0.39% | −0.07 |
| EWZ iShares MSCI Brazil ETF | Reduce -2.4% | 0.17% | −0.06 |
| UNH Unitedhealth Group Inc. | Reduce -2.4% | 0.29% | −0.06 |
| GDX Vaneck Gold Miners ETF | Reduce -0.5% | 0.29% | −0.06 |
| RWT Redwood Trust Inc. | Reduce -0.4% | 0.26% | −0.06 |
| AMTM Amentum Holdings Inc. | Reduce -71.5% | 0.01% | −0.06 |
| JBBB Janus Henderson B-BBB Clo Et | Reduce -5.3% | 0.62% | −0.05 |
| EEMS iShares MSCI Emerging MKT SM | Reduce -4.4% | 0.28% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -9.2% | 0.56% | −0.05 |
| MINT PIMCO Enhanced Short Maturit | Reduce -12.1% | 0.28% | −0.05 |
| SCHC Schwab Intl Small-Cap Equity | Reduce -22.4% | 0.08% | −0.04 |
| ORCL Oracle Corp. | Reduce -1.3% | 0.57% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -5.2% | 0.20% | −0.04 |
| SCHX Schwab US Large-Cap ETF | Reduce -53.8% | 0.03% | −0.04 |
| VHT Vanguard Health Care ETF | Reduce -2.3% | 0.20% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.8% | 0.54% | −0.04 |
| EWJ iShares MSCI Japan ETF | Reduce -4.5% | 0.22% | −0.03 |
| PSLV Sprott Physical Silver Trust | Reduce -1.4% | 0.24% | −0.03 |
| PLD Prologis Inc. | Reduce -21.9% | 0.06% | −0.03 |
| IBB iShares Biotechnology ETF | Reduce -8.0% | 0.13% | −0.03 |
| AMAT Applied Materials Inc. | Reduce -15.8% | 0.06% | −0.03 |
| MOS The Mosaic Co. | Sold out | 0.00% | −0.03 |
| AMGN Amgen Inc. | Reduce -10.4% | 0.07% | −0.03 |
| VDE Vanguard Energy ETF | Reduce -0.3% | 0.54% | −0.03 |
Portfolio Buys Q3 2024 → Q4 2024
| JAAA Janus Henderson Aaa Clo ETF | Add +170.1% | 1.64% | +1.01 |
| MLPX Global X MLP & Energy Infras | New | 0.83% | +0.83 |
| MLPA Global X MLP ETF | New | 0.80% | +0.80 |
| PAVE Global X US Infrastructure | New | 0.57% | +0.57 |
| GOOGL Alphabet Inc. Class A | Add +32.6% | 1.26% | +0.40 |
| DMBS Doubleline Mortgage ETF | New | 0.40% | +0.40 |
| GOOG Alphabet Inc. Class C | Add +15.3% | 1.63% | +0.35 |
| AGNC AGNC Investment Corp. | Add +4964.4% | 0.27% | +0.26 |
| C Citigroup Inc. | Add +772.8% | 0.29% | +0.26 |
| TSLA Tesla Inc. | Add +30.8% | 0.47% | +0.23 |
| LXP LXP Industrial Trust | Add +1993.3% | 0.24% | +0.23 |
| AMZN Amazon.com Inc. | Add +0.5% | 1.73% | +0.22 |
| AES AES Corp. | Add +169.3% | 0.53% | +0.21 |
| XIFR XPLR Infrastructure LP | New | 0.19% | +0.19 |
| PCAR Paccar Inc. | Add +2.2% | 2.42% | +0.17 |
| CRM Salesforce Inc. | Add +37.3% | 0.38% | +0.15 |
| NE Noble Corp. PLC | New | 0.13% | +0.13 |
| LNG Cheniere Energy Inc. | New | 0.12% | +0.12 |
| AVGO Broadcom Inc. | Add +0.5% | 0.48% | +0.11 |
| PPG PPG Industries Inc. | Add +551.1% | 0.13% | +0.11 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +26.5% | 0.68% | +0.11 |
| VAL Valaris Ltd. | New | 0.11% | +0.11 |
| PFE Pfizer Inc. | Add +50.6% | 0.42% | +0.11 |
| LULU Lululemon Athletica Inc. | Add +2.6% | 0.36% | +0.10 |
| IVOO Vanguard S&P Mid-Cap 400 ETF | Add +46.3% | 0.35% | +0.10 |
| MRK Merck & Co. Inc. | Add +60.4% | 0.36% | +0.10 |
| JPM JPMorgan Chase & Co. | Add +0.2% | 0.97% | +0.09 |
| KWEB Kranesh Csi China Internet | New | 0.09% | +0.09 |
| IWS iShares Russell Mid-Cap Valu | Add +37.0% | 0.38% | +0.09 |
| PINS Pinterest Inc. Class A | New | 0.08% | +0.08 |
| XHLF Bondbloxx BBG 6 MTH US Treas | New | 0.08% | +0.08 |
| SGOV iShares 0-3 Month Treasury B | Add +41.7% | 0.24% | +0.07 |
| CSCO Cisco Systems Inc. | Add +2.1% | 0.65% | +0.06 |
| REGN Regeneron Pharmaceuticals | Add +362.9% | 0.09% | +0.06 |
| IBTA Ibotta Inc. Class A | New | 0.06% | +0.06 |
| DIS The Walt Disney Co. | Add +2.1% | 0.43% | +0.06 |
| EDD Morgan Stanley Emrg MRK Dom | Add +25.9% | 0.55% | +0.05 |
| UBER Uber Technologies Inc. | Add +41.9% | 0.55% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.9% | 0.52% | +0.05 |
| BAC Bank of America Corp. | Add +3.0% | 0.47% | +0.04 |
| ETHE Grayscale Ethereum Staking E | Add +298.5% | 0.05% | +0.04 |
| IBHF iShares Ibond 2026 HY & Inc. | Add +69.5% | 0.09% | +0.04 |
| SCHW Schwab (charles) Corp. | Add +0.1% | 0.36% | +0.04 |
| MU Micron Technology Inc. | Add +65.9% | 0.13% | +0.03 |
| RH RH | Add +1.8% | 0.22% | +0.03 |
| PYPL PayPal Holdings Inc. | Add +1.3% | 0.43% | +0.03 |
| SPHQ Invesco S&P 500 Quality ETF | Add +8.2% | 0.66% | +0.03 |
| MCK McKesson Corp. | Add +4.7% | 0.16% | +0.02 |
| V Visa Inc. Class A | Add +0.0% | 0.23% | +0.02 |
| CMI Cummins Inc. | Add +3.6% | 0.28% | +0.02 |
Options Activity Q3 2024 → Q4 2024
| GOOG Alphabet Inc. Class C | call | New | 1,000 | $190K |
| GOOG Alphabet Inc. Class C | call | Sold out | 1,000 | $167Kbefore exit |
| APA Apa Corp. | call | Sold out | 200 | $5Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,522 | $5.7B | IEMG, GS, AAPL, COF, MSFT |
| Q1 2026 | 1,498 | $4.6B | IEMG, AAPL, PCAR, IEI, MSFT |
| Q4 2025 | 1,399 | $4.5B | MSFT, AAPL, IEMG, IEI, PCAR |
| Q3 2025 | 1,302 | $4.2B | GS, MSFT, AAPL, IEI, COF |
| Q2 2025 | 1,126 | $3.3B | MSFT, IEI, PCAR, AAPL, NVDA |
| Q1 2025 | 1,085 | $3.0B | MSFT, AAPL, PCAR, IEI, MTBA |
| Q4 2024 | 1,064 | $3.1B | MSFT, AAPL, PCAR, IEI, AMZN |
| Q3 2024 | 1,002 | $3.0B | MSFT, AAPL, PCAR, DIV, IEI |
| Q2 2024 | 948 | $2.8B | MSFT, AAPL, PCAR, IEI, SPTS |
| Q1 2024 | 872 | $2.6B | MSFT, PCAR, AAPL, NORW, SPTS |