First National Trust Co
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 8, 2025), First National Trust Co reported 386 stock positions worth $2.5 billion. Its top holding was Apple (AAPL) at 5.2% of the portfolio, followed by SS SPDR P S&P 500 Value ETF (SPYV, 4.0%) and SS SPDR P S&P 500 Growth ETF (SPYG, 3.4%). Compared with Q4 2024, it opened 13 new positions, sold out of 27, added to 81 and reduced 215. The biggest buy was iShares Core MSCI Eafe ETF (IEFA, shares +12%) and the biggest sale SS SPDR P S&P 500 Growth ETF (SPYG, shares −25%).
- Most Recent 13F
- Q2 2026
- Location
- Johnstown, PA
- CIK
- 0001277303
- Portfolio Value
- $2.5B (Q1 2025)
- SEC Filing
- 0000950123-25-004260 ↗ filed May 8, 2025
Holdings Value
Holdings 386 stocks · $2.5B
| AAPL Apple Inc. | 5.19% | 579,651 | $128.8M | Reduce -2.7% |
| SPYV SS SPDR P S&P 500 Value ETF | 4.04% | 1,962,187 | $100.2M | Reduce -0.6% |
| SPYG SS SPDR P S&P 500 Growth ETF | 3.44% | 1,062,498 | $85.4M | Reduce -25.4% |
| MSFT Microsoft Corp. | 3.44% | 227,254 | $85.3M | Reduce -4.2% |
| GLD SPDR Gold Shares | 3.32% | 286,184 | $82.5M | Reduce -2.1% |
| IEFA iShares Core MSCI Eafe ETF | 2.91% | 954,619 | $72.2M | Add +12.1% |
| NVDA Nvidia Corp. | 2.52% | 576,581 | $62.5M | Reduce -9.4% |
| IJR iShares Core S&P Small-Cap E | 1.99% | 472,896 | $49.5M | Reduce -3.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.94% | 86,164 | $48.2M | Reduce -13.8% |
| AMZN Amazon.com Inc. | 1.92% | 249,855 | $47.5M | Reduce -4.1% |
| JPM JPMorgan Chase & Co. | 1.84% | 185,983 | $45.6M | Reduce -3.7% |
| GOOGL Alphabet Inc. Class A | 1.75% | 280,307 | $43.3M | Reduce -3.9% |
| AVGO Broadcom Inc. | 1.39% | 206,019 | $34.5M | Reduce -2.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.30% | 60,682 | $32.3M | Reduce -8.7% |
| META Meta Platforms Inc. Class A | 1.24% | 53,460 | $30.8M | Reduce -2.9% |
| TSPA T Rowe Price US Eqy Research | 1.14% | 805,940 | $28.3M | Add +65.7% |
| LLY Eli Lilly & Co. | 1.11% | 33,411 | $27.6M | Reduce -1.8% |
| V Visa Inc. Class A | 1.08% | 76,636 | $26.9M | Reduce -2.5% |
| ABBV Abbvie Inc. | 1.08% | 127,843 | $26.8M | Reduce -9.8% |
| WMT Walmart Inc. | 1.07% | 301,705 | $26.5M | Reduce -2.7% |
| SCHR Schwab Intermediate-Term US | 1.06% | 1,061,527 | $26.4M | Add +1.6% |
| MDYG SS SPDR S&P 400 MC GR ETF | 1.06% | 331,511 | $26.3M | Reduce -7.7% |
| MDYV SS SPDR S&P 400 MC Val ETF | 1.06% | 340,995 | $26.3M | Reduce -4.7% |
| XOM Exxon Mobil Corp. | 0.99% | 205,728 | $24.5M | Reduce -2.0% |
| JNJ Johnson & Johnson | 0.95% | 141,658 | $23.5M | Reduce -6.2% |
| MCD McDonald's Corp. | 0.90% | 71,791 | $22.4M | Add +14.2% |
| CVX Chevron Corp. | 0.90% | 133,241 | $22.3M | Reduce -5.5% |
| DFAS Dimensional US Small Cap ETF | 0.87% | 363,055 | $21.7M | Reduce -0.8% |
| HD Home Depot Inc. | 0.83% | 56,489 | $20.7M | Reduce -8.3% |
| UNH Unitedhealth Group Inc. | 0.82% | 38,677 | $20.3M | Reduce -4.3% |
| VYM Vanguard High DVD Yield ETF | 0.81% | 156,082 | $20.1M | Reduce -15.9% |
| VOO Vanguard S&P 500 ETF | 0.78% | 37,793 | $19.4M | Add +6.0% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.76% | 368,515 | $18.9M | Add +0.0% |
| CSCO Cisco Systems Inc. | 0.75% | 300,918 | $18.6M | Reduce -3.3% |
| MRK Merck & Co. Inc. | 0.73% | 201,649 | $18.1M | Reduce -3.4% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.72% | 226,004 | $17.8M | Add +2.9% |
| PG The Procter & Gamble Co. | 0.69% | 100,316 | $17.1M | Reduce -4.8% |
| IJH iShares Core S&P Midcap ETF | 0.68% | 287,758 | $16.8M | Reduce -7.3% |
| LIN Linde PLC | 0.67% | 35,755 | $16.6M | Reduce -4.1% |
| VCIT Vanguard Int-Term Corporate | 0.67% | 202,179 | $16.5M | Add +7.0% |
| NEE Nextera Energy Inc. | 0.66% | 232,654 | $16.5M | Reduce -4.0% |
| AMGN Amgen Inc. | 0.66% | 52,671 | $16.4M | Reduce -7.7% |
| COST Costco Wholesale Corp. | 0.62% | 16,278 | $15.4M | Reduce -18.0% |
| HON Honeywell International Inc. | 0.61% | 71,515 | $15.1M | Add +0.6% |
| CAT Caterpillar Inc. | 0.61% | 45,901 | $15.1M | Reduce -7.2% |
| ADP Automatic Data Processing | 0.61% | 49,271 | $15.1M | Reduce -11.5% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.60% | 189,051 | $14.8M | Reduce -3.6% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.57% | 169,260 | $14.0M | Reduce -3.4% |
| IVV iShares Core S&P 500 ETF | 0.54% | 24,005 | $13.5M | Reduce -28.6% |
| VMBS Vanguard Mortgage-Backed Sec | 0.53% | 286,100 | $13.2M | Add +10.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.52% | 52,305 | $13.0M | Reduce -6.7% |
| STIP iShares 0-5 Year Tips Bond E | 0.51% | 122,461 | $12.7M | Add +3398.9% |
| IWV iShares Russell 3000 ETF | 0.50% | 39,262 | $12.5M | Reduce -3.6% |
| TSLA Tesla Inc. | 0.47% | 45,487 | $11.8M | Add +1.4% |
| BSX Boston Scientific Corp. | 0.47% | 115,006 | $11.6M | Reduce -4.7% |
| DGRW Wisdomtree U.S. Quality Divi | 0.43% | 134,916 | $10.8M | Reduce -8.1% |
| VZ Verizon Communications Inc. | 0.43% | 237,115 | $10.8M | Reduce -3.6% |
| FISV Fiserv Inc. | 0.42% | 47,391 | $10.5M | Reduce -2.4% |
| PM Philip Morris International | 0.42% | 65,739 | $10.4M | Add +1.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.42% | 85,015 | $10.4M | Add +1.1% |
| MO Altria Group Inc. | 0.42% | 172,402 | $10.3M | Add +24.1% |
| IWR iShares Russell Mid-Cap ETF | 0.41% | 120,129 | $10.2M | Reduce -7.1% |
| BLK BlackRock Inc. | 0.40% | 10,595 | $10.0M | Reduce -1.3% |
| AEP American Electric Power | 0.39% | 88,281 | $9.6M | Reduce -1.4% |
| SCHO Schwab Short-Term US Treas | 0.39% | 394,117 | $9.6M | Reduce -38.5% |
| TMUS T-Mobile US Inc. | 0.38% | 35,521 | $9.5M | Reduce -1.7% |
| FNB FNB Corp. | 0.37% | 688,423 | $9.3M | Reduce -7.9% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.37% | 367,535 | $9.2M | Add +11.8% |
| UNP Union Pacific Corp. | 0.37% | 38,698 | $9.1M | Add +14.0% |
| PANW Palo Alto Networks Inc. | 0.36% | 51,639 | $8.8M | Reduce -2.5% |
| TFC Truist Financial Corp. | 0.35% | 214,029 | $8.8M | Add +0.8% |
| PEP Pepsico Inc. | 0.35% | 58,178 | $8.7M | Reduce -14.7% |
| VLO Valero Energy Corp. | 0.34% | 64,651 | $8.5M | Reduce -6.9% |
| ORCL Oracle Corp. | 0.34% | 59,756 | $8.4M | Reduce -6.8% |
| BKNG Booking Holdings Inc. | 0.34% | 1,809 | $8.3M | Reduce -17.7% |
| WM Waste Management Inc. | 0.33% | 35,445 | $8.2M | Reduce -9.6% |
| IWM iShares Russell 2000 ETF | 0.30% | 37,855 | $7.6M | Reduce -1.3% |
| ORLY O'reilly Automotive Inc. | 0.30% | 5,265 | $7.5M | Reduce -17.7% |
| QCOM Qualcomm Inc. | 0.30% | 48,681 | $7.5M | Add +129.4% |
| ABT Abbott Laboratories | 0.30% | 56,210 | $7.5M | Reduce -12.3% |
| IBDR iShares Ibonds Dec 2026 Term | 0.30% | 307,314 | $7.4M | Add +28.2% |
| AFL Aflac Inc. | 0.30% | 66,687 | $7.4M | Reduce -3.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.30% | 177,203 | $7.4M | Reduce -3.3% |
| ISRG Intuitive Surgical Inc. | 0.30% | 14,923 | $7.4M | Add +7.3% |
| VONG Vanguard Russell 1000 Growth | 0.29% | 78,320 | $7.3M | Reduce -72.6% |
| CRM Salesforce Inc. | 0.29% | 27,005 | $7.2M | Add +0.1% |
| SPGI S&P Global Inc. | 0.29% | 14,205 | $7.2M | Add +0.8% |
| VGLT Vanguard Long-Term Treasury | 0.28% | 121,001 | $7.0M | Add +9.8% |
| EFA iShares MSCI Eafe ETF | 0.28% | 85,077 | $7.0M | Reduce -8.4% |
| SYK Stryker Corp. | 0.28% | 18,561 | $6.9M | Add +2.1% |
| IBDU iShares Ibonds Dec 2029 Term | 0.28% | 296,167 | $6.9M | Add +53.8% |
| PGR Progressive Corp. | 0.28% | 24,140 | $6.8M | Add +21.0% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.27% | 266,729 | $6.7M | Add +31.4% |
| TMO Thermo Fisher Scientific Inc. | 0.26% | 13,123 | $6.5M | Reduce -2.8% |
| GD General Dynamics Corp. | 0.26% | 23,798 | $6.5M | Add +7.0% |
| GVI iShares Intermediate Governm | 0.26% | 60,170 | $6.4M | Reduce -22.3% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.26% | 262,062 | $6.3M | Add +19.5% |
| CME Cme Group Inc. | 0.24% | 22,762 | $6.0M | Reduce -0.1% |
| COP Conocophillips | 0.24% | 57,443 | $6.0M | Add +5.1% |
| LHX L3HARRIS Technologies Inc. | 0.24% | 28,572 | $6.0M | Add +0.5% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $2K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| AYWWF Ayr Wellness Canada-29 | *W EXP 02/07/202 | 152,300 | $2K | No change |
Total filed on the 13F, all lines: $2.5B.
Portfolio Sells Q4 2024 → Q1 2025
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -25.4% | 3.44% | −1.26 |
| VONG Vanguard Russell 1000 Growth | Reduce -72.6% | 0.29% | −0.81 |
| NVDA Nvidia Corp. | Reduce -9.4% | 2.52% | −0.69 |
| AVGO Broadcom Inc. | Reduce -2.2% | 1.39% | −0.44 |
| AAPL Apple Inc. | Reduce -2.7% | 5.19% | −0.41 |
| GOOGL Alphabet Inc. Class A | Reduce -3.9% | 1.75% | −0.33 |
| MSFT Microsoft Corp. | Reduce -4.2% | 3.44% | −0.32 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -13.8% | 1.94% | −0.26 |
| AMZN Amazon.com Inc. | Reduce -4.1% | 1.92% | −0.23 |
| IVV iShares Core S&P 500 ETF | Reduce -28.6% | 0.54% | −0.20 |
| SCHO Schwab Short-Term US Treas | Reduce -38.5% | 0.39% | −0.19 |
| TROW T Rowe Price Group Inc. | Reduce -55.5% | 0.09% | −0.14 |
| IJR iShares Core S&P Small-Cap E | Reduce -3.6% | 1.99% | −0.13 |
| MDYG SS SPDR S&P 400 MC GR ETF | Reduce -7.7% | 1.06% | −0.11 |
| ADBE Adobe Inc. | Reduce -36.1% | 0.15% | −0.10 |
| VYM Vanguard High DVD Yield ETF | Reduce -15.9% | 0.81% | −0.08 |
| FDX FedEx Corp. | Reduce -20.9% | 0.21% | −0.08 |
| BKNG Booking Holdings Inc. | Reduce -17.7% | 0.34% | −0.07 |
| SCHD Schwab US DVD Equity ETF | Reduce -42.8% | 0.12% | −0.07 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -69.4% | 0.03% | −0.07 |
| HD Home Depot Inc. | Reduce -8.3% | 0.83% | −0.07 |
| ORCL Oracle Corp. | Reduce -6.8% | 0.34% | −0.06 |
| CAT Caterpillar Inc. | Reduce -7.2% | 0.61% | −0.06 |
| COST Costco Wholesale Corp. | Reduce -18.0% | 0.62% | −0.06 |
| DHR Danaher Corp. | Reduce -28.2% | 0.13% | −0.06 |
| MRK Merck & Co. Inc. | Reduce -3.4% | 0.73% | −0.05 |
| IJH iShares Core S&P Midcap ETF | Reduce -7.3% | 0.68% | −0.05 |
| BR Broadridge Financial Solutio | Reduce -48.7% | 0.07% | −0.05 |
| STZ Constellation Brands Inc. Class A | Reduce -54.5% | 0.03% | −0.05 |
| XLE SS Energy Select Sector | Reduce -49.0% | 0.07% | −0.05 |
| IRM Iron Mountain Inc. | Reduce -7.1% | 0.21% | −0.05 |
| GVI iShares Intermediate Governm | Reduce -22.3% | 0.26% | −0.05 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -3.6% | 0.60% | −0.05 |
| ACN Accenture PLC Class A | Reduce -16.7% | 0.16% | −0.04 |
| FNB FNB Corp. | Reduce -7.9% | 0.37% | −0.04 |
| IWP iShares Russell Mid-Cap Grow | Reduce -30.2% | 0.09% | −0.04 |
| PEP Pepsico Inc. | Reduce -14.7% | 0.35% | −0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -52.7% | 0.03% | −0.04 |
| OBDE Blue Owl Capital Corp. III | Sold out | 0.00% | −0.04 |
| SHY iShares 1-3 Year Treasury Bo | Sold out | 0.00% | −0.04 |
| EQWL Invesco S&P 100 Equal Weight | Reduce -22.1% | 0.18% | −0.03 |
| ETN Eaton Corp. PLC | Reduce -2.9% | 0.18% | −0.03 |
| SLYG SS SPDR S&P 600 SC GR ETF | Reduce -3.4% | 0.57% | −0.03 |
| GOOG Alphabet Inc. Class C | Reduce -7.2% | 0.12% | −0.03 |
| EQIX Equinix Inc. | Reduce -2.8% | 0.24% | −0.03 |
| IWF iShares Russell 1000 Growth | Reduce -13.6% | 0.13% | −0.03 |
| CSX CSX Corp. | Reduce -55.3% | 0.02% | −0.02 |
| LMT Lockheed Martin Corp. | Reduce -14.6% | 0.12% | −0.02 |
| GPN Global Payments Inc. | Reduce -51.5% | 0.02% | −0.02 |
| IVW iShares S&P 500 Growth ETF | Reduce -33.1% | 0.04% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| IEFA iShares Core MSCI Eafe ETF | Add +12.1% | 2.91% | +0.66 |
| STIP iShares 0-5 Year Tips Bond E | Add +3398.9% | 0.51% | +0.50 |
| TSPA T Rowe Price US Eqy Research | Add +65.7% | 1.14% | +0.47 |
| MCD McDonald's Corp. | Add +14.2% | 0.90% | +0.22 |
| QCOM Qualcomm Inc. | Add +129.4% | 0.30% | +0.18 |
| MO Altria Group Inc. | Add +24.1% | 0.42% | +0.14 |
| SCHW Schwab (charles) Corp. | New | 0.14% | +0.14 |
| PM Philip Morris International | Add +1.8% | 0.42% | +0.13 |
| APO Apollo Global Management Inc. | New | 0.12% | +0.12 |
| IBDU iShares Ibonds Dec 2029 Term | Add +53.8% | 0.28% | +0.11 |
| SCHR Schwab Intermediate-Term US | Add +1.6% | 1.06% | +0.11 |
| VCIT Vanguard Int-Term Corporate | Add +7.0% | 0.67% | +0.10 |
| PGR Progressive Corp. | Add +21.0% | 0.28% | +0.10 |
| VMBS Vanguard Mortgage-Backed Sec | Add +10.0% | 0.53% | +0.09 |
| AMT American Tower Corp. | Add +141.6% | 0.13% | +0.09 |
| HWM Howmet Aerospace Inc. | Add +60.4% | 0.17% | +0.09 |
| IBDR iShares Ibonds Dec 2026 Term | Add +28.2% | 0.30% | +0.08 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +31.4% | 0.27% | +0.08 |
| UNP Union Pacific Corp. | Add +14.0% | 0.37% | +0.08 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +2.9% | 0.72% | +0.08 |
| MDGL Madrigal Pharmaceuticals Inc. | Add +126.1% | 0.11% | +0.07 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +11.8% | 0.37% | +0.06 |
| VOO Vanguard S&P 500 ETF | Add +6.0% | 0.78% | +0.06 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +19.5% | 0.26% | +0.06 |
| WCMI FT WCM International ETF | Add +34.0% | 0.15% | +0.05 |
| VGLT Vanguard Long-Term Treasury | Add +9.8% | 0.28% | +0.05 |
| BXSL Blackstone Secured Lending F | Add +22.7% | 0.21% | +0.05 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +50.1% | 0.13% | +0.05 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +36.6% | 0.15% | +0.05 |
| RSP Invesco S&P 500 Equal Weight | Add +36.9% | 0.13% | +0.04 |
| OBDC Blue Owl Capital Corp. | Add +44.9% | 0.12% | +0.04 |
| GD General Dynamics Corp. | Add +7.0% | 0.26% | +0.04 |
| COP Conocophillips | Add +5.1% | 0.24% | +0.04 |
| TJX TJX Companies Inc. | Add +1.1% | 0.42% | +0.04 |
| AVEM Avantis Emerging Markets Eq | Add +55.9% | 0.08% | +0.04 |
| SYK Stryker Corp. | Add +2.1% | 0.28% | +0.03 |
| OWL Blue Owl Capital Inc. | Add +33.0% | 0.17% | +0.03 |
| CVCCF CVC Capital Partners PLC | Add +38.6% | 0.12% | +0.03 |
| SPGI S&P Global Inc. | Add +0.8% | 0.29% | +0.03 |
| FANG Diamondback Energy Inc. | Add +26.1% | 0.11% | +0.03 |
| SJNK SS SPDR BB St Hi Yield ETF | Add +14.1% | 0.14% | +0.03 |
| ISRG Intuitive Surgical Inc. | Add +7.3% | 0.30% | +0.03 |
| VEA Vanguard Ftse Developed ETF | Add +7.0% | 0.13% | +0.02 |
| SLV iShares Silver Trust | New | 0.02% | +0.02 |
| LHX L3HARRIS Technologies Inc. | Add +0.5% | 0.24% | +0.02 |
| NFLX Netflix Inc. | Add +22.9% | 0.06% | +0.02 |
| CCL Carnival Corp. | New | 0.01% | +0.01 |
| DOW Dow Inc. | Add +42.0% | 0.06% | +0.01 |
| SCCO Southern Copper Corp. | Add +0.7% | 0.14% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +15.8% | 0.09% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 379 | $2.9B | SPYG, AAPL, SPYV, IEFA, NVDA |
| Q1 2026 | 404 | $2.9B | AAPL, SPYG, SPYV, NVDA, IEFA |
| Q4 2025 | 399 | $3.0B | AAPL, SPYG, SPYV, MSFT, NVDA |
| Q3 2025 | 402 | $2.9B | AAPL, SPYG, MSFT, SPYV, NVDA |
| Q2 2025 | 389 | $2.7B | AAPL, SPYG, SPYV, MSFT, GLD |
| Q1 2025 | 386 | $2.5B | AAPL, SPYV, SPYG, MSFT, GLD |
| Q4 2024 | 400 | $2.7B | AAPL, SPYG, SPYV, MSFT, NVDA |
| Q3 2024 | 394 | $2.6B | AAPL, SPYG, SPYV, MSFT, NVDA |
| Q2 2024 | 389 | $2.4B | AAPL, SPYG, SPYV, MSFT, NVDA |
| Q1 2024 | 385 | $2.5B | SPYG, SPYV, AAPL, MSFT, SPY |