First National Trust Co
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), First National Trust Co reported 399 stock positions worth $3.0 billion. Its top holding was Apple (AAPL) at 5.1% of the portfolio, followed by SS SPDR P S&P 500 Growth ETF (SPYG, 4.2%) and SS SPDR P S&P 500 Value ETF (SPYV, 3.7%). Compared with Q3 2025, it opened 14 new positions, sold out of 19, added to 155 and reduced 155. The biggest buy was Alphabet Class A (GOOGL, shares +1%) and the biggest sale Dimensional US Small Cap ETF (DFAS, shares −67%).
- Most Recent 13F
- Q2 2026
- Location
- Johnstown, PA
- CIK
- 0001277303
- Portfolio Value
- $3.0B (Q4 2025)
- SEC Filing
- 0001193125-26-042071 ↗ filed Feb 9, 2026
Holdings Value
Holdings 399 stocks · $3.0B
| AAPL Apple Inc. | 5.09% | 560,740 | $152.4M | Reduce -0.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 4.17% | 1,172,094 | $125.1M | Reduce -0.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 3.73% | 1,968,113 | $111.8M | Add +1.0% |
| MSFT Microsoft Corp. | 3.56% | 220,874 | $106.8M | Add +0.5% |
| NVDA Nvidia Corp. | 3.47% | 558,270 | $104.1M | Add +0.7% |
| IEFA iShares Core MSCI Eafe ETF | 3.21% | 1,073,861 | $96.1M | Add +2.0% |
| GLD SPDR Gold Shares | 3.07% | 232,445 | $92.1M | Reduce -0.9% |
| GOOGL Alphabet Inc. Class A | 2.83% | 270,983 | $84.8M | Add +0.9% |
| AVDE Avantis International Equity | 2.47% | 899,049 | $74.0M | Add +25.6% |
| AVGO Broadcom Inc. | 2.28% | 197,186 | $68.2M | Add +1.0% |
| JPM JPMorgan Chase & Co. | 1.92% | 178,857 | $57.6M | Add +1.0% |
| AMZN Amazon.com Inc. | 1.85% | 240,012 | $55.4M | Reduce -0.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.82% | 79,855 | $54.5M | Reduce -1.2% |
| IJR iShares Core S&P Small-Cap E | 1.35% | 336,566 | $40.4M | Reduce -27.3% |
| JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F | 1.26% | 738,014 | $37.7M | Add +3.4% |
| LLY Eli Lilly & Co. | 1.17% | 32,518 | $34.9M | Reduce -0.7% |
| META Meta Platforms Inc. Class A | 1.16% | 52,451 | $34.6M | Add +0.9% |
| TSPA T Rowe Price US Eqy Research | 1.14% | 800,775 | $34.3M | Reduce -0.9% |
| MDYG SS SPDR S&P 400 MC GR ETF | 1.12% | 362,213 | $33.5M | Reduce -2.0% |
| WMT Walmart Inc. | 1.11% | 297,407 | $33.1M | Add +0.1% |
| SCHR Schwab Intermediate-Term US | 1.02% | 1,221,356 | $30.6M | Add +6.8% |
| MDYV SS SPDR S&P 400 MC Val ETF | 1.02% | 361,397 | $30.6M | Add +1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.95% | 56,662 | $28.5M | Add +0.3% |
| JNJ Johnson & Johnson | 0.90% | 130,686 | $27.0M | Reduce -3.8% |
| ABBV Abbvie Inc. | 0.89% | 116,638 | $26.7M | Reduce -5.7% |
| V Visa Inc. Class A | 0.86% | 73,195 | $25.7M | Reduce -0.0% |
| CAT Caterpillar Inc. | 0.83% | 43,448 | $24.9M | Reduce -0.7% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.79% | 408,831 | $23.7M | Add +6.3% |
| XOM Exxon Mobil Corp. | 0.78% | 195,262 | $23.5M | Reduce -0.3% |
| VOO Vanguard S&P 500 ETF | 0.78% | 37,371 | $23.4M | Reduce -0.8% |
| CSCO Cisco Systems Inc. | 0.75% | 291,563 | $22.5M | Add +0.4% |
| VYM Vanguard High DVD Yield ETF | 0.71% | 149,171 | $21.4M | Add +1.9% |
| MRK Merck & Co. Inc. | 0.71% | 201,859 | $21.2M | Add +0.2% |
| MCD McDonald's Corp. | 0.69% | 68,069 | $20.8M | Add +0.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.68% | 254,341 | $20.3M | Add +6.1% |
| CVX Chevron Corp. | 0.66% | 130,599 | $19.9M | Reduce -0.2% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.63% | 207,745 | $18.9M | Add +1.1% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.62% | 196,356 | $18.5M | Add +2.1% |
| IJH iShares Core S&P Midcap ETF | 0.61% | 278,825 | $18.4M | Add +0.7% |
| VCIT Vanguard Int-Term Corporate | 0.60% | 214,816 | $18.0M | Add +2.9% |
| HD Home Depot Inc. | 0.59% | 51,689 | $17.8M | Add +0.7% |
| NEE Nextera Energy Inc. | 0.57% | 213,051 | $17.1M | Add +1.2% |
| TSLA Tesla Inc. | 0.55% | 36,538 | $16.4M | Reduce -3.2% |
| IVV iShares Core S&P 500 ETF | 0.54% | 23,755 | $16.3M | Add +2.4% |
| ORCL Oracle Corp. | 0.52% | 80,087 | $15.6M | Add +33.1% |
| HON Honeywell International Inc. | 0.51% | 78,690 | $15.4M | Reduce -0.5% |
| STIP iShares 0-5 Year Tips Bond E | 0.51% | 147,860 | $15.1M | Reduce -4.1% |
| IWV iShares Russell 3000 ETF | 0.49% | 38,336 | $14.8M | Reduce -0.2% |
| AMGN Amgen Inc. | 0.49% | 44,598 | $14.6M | Add +1.5% |
| LIN Linde PLC | 0.48% | 33,556 | $14.3M | Add +0.3% |
| VMBS Vanguard Mortgage-Backed Sec | 0.47% | 301,928 | $14.2M | Add +4.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.46% | 46,462 | $13.8M | Reduce -1.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.43% | 84,709 | $13.0M | Add +0.6% |
| COST Costco Wholesale Corp. | 0.42% | 14,600 | $12.6M | Reduce -2.1% |
| BLK BlackRock Inc. | 0.42% | 11,755 | $12.6M | Add +17.2% |
| PM Philip Morris International | 0.40% | 75,478 | $12.1M | Add +2.5% |
| ADP Automatic Data Processing | 0.40% | 46,971 | $12.1M | Reduce -0.4% |
| IBDU iShares Ibonds Dec 2029 Term | 0.39% | 499,745 | $11.7M | Add +36.2% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.39% | 454,609 | $11.6M | Add +23.6% |
| BSX Boston Scientific Corp. | 0.37% | 116,170 | $11.1M | Add +1.2% |
| IWR iShares Russell Mid-Cap ETF | 0.37% | 114,907 | $11.1M | Add +14.4% |
| UNH Unitedhealth Group Inc. | 0.36% | 33,076 | $10.9M | Reduce -3.4% |
| IWM iShares Russell 2000 ETF | 0.36% | 43,536 | $10.7M | Add +6.4% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.35% | 438,090 | $10.6M | Add +19.5% |
| USB US Bancorp | 0.35% | 195,036 | $10.4M | Add +25.9% |
| MO Altria Group Inc. | 0.34% | 178,601 | $10.3M | Add +0.8% |
| KO The Coca-Cola Co. | 0.34% | 146,612 | $10.2M | Add +24.6% |
| IWP iShares Russell Mid-Cap Grow | 0.34% | 74,399 | $10.2M | Add +45.8% |
| QCOM Qualcomm Inc. | 0.34% | 59,111 | $10.1M | Add +2.5% |
| SCHO Schwab Short-Term US Treas | 0.34% | 413,382 | $10.1M | Add +2.1% |
| FNB FNB Corp. | 0.33% | 582,022 | $10.0M | Reduce -11.7% |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.33% | 450,474 | $9.9M | Add +40.9% |
| AEP American Electric Power | 0.33% | 85,522 | $9.9M | Add +2.0% |
| PANW Palo Alto Networks Inc. | 0.32% | 51,913 | $9.6M | Reduce -0.5% |
| SCHW Schwab (charles) Corp. | 0.31% | 93,693 | $9.4M | Add +5.0% |
| COF Capital One Financial Corp. | 0.31% | 38,613 | $9.4M | Add +198.7% |
| IBDR iShares Ibonds Dec 2026 Term | 0.31% | 383,441 | $9.3M | Add +19.0% |
| UNP Union Pacific Corp. | 0.31% | 39,759 | $9.2M | Add +0.8% |
| BKNG Booking Holdings Inc. | 0.30% | 1,655 | $8.9M | Reduce -1.7% |
| PG The Procter & Gamble Co. | 0.30% | 61,826 | $8.9M | Reduce -34.9% |
| MS Morgan Stanley | 0.29% | 49,527 | $8.8M | Add +1.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.29% | 157,922 | $8.7M | Reduce -0.1% |
| AMD Advanced Micro Devices | 0.28% | 39,690 | $8.5M | Add +0.2% |
| LHX L3HARRIS Technologies Inc. | 0.28% | 28,566 | $8.4M | Add +0.2% |
| VZ Verizon Communications Inc. | 0.28% | 205,857 | $8.4M | Reduce -16.7% |
| ISRG Intuitive Surgical Inc. | 0.27% | 14,328 | $8.1M | Add +1.7% |
| DFAS Dimensional US Small Cap ETF | 0.27% | 116,419 | $8.1M | Reduce -67.4% |
| EFA iShares MSCI Eafe ETF | 0.27% | 83,923 | $8.1M | Reduce -0.6% |
| GD General Dynamics Corp. | 0.27% | 23,881 | $8.0M | Reduce -0.2% |
| CAH Cardinal Health Inc. | 0.25% | 35,779 | $7.4M | Reduce -1.4% |
| TMO Thermo Fisher Scientific Inc. | 0.24% | 12,630 | $7.3M | Add +2.6% |
| HWM Howmet Aerospace Inc. | 0.24% | 35,457 | $7.3M | Add +1.4% |
| WCMI FT WCM International ETF | 0.24% | 425,830 | $7.2M | Add +2.9% |
| VGLT Vanguard Long-Term Treasury | 0.24% | 126,933 | $7.1M | Add +3.9% |
| SPGI S&P Global Inc. | 0.23% | 13,361 | $7.0M | Reduce -0.1% |
| PEP Pepsico Inc. | 0.23% | 48,591 | $7.0M | Reduce -3.2% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.23% | 321,951 | $6.8M | Add +32.8% |
| WM Waste Management Inc. | 0.23% | 30,986 | $6.8M | Reduce -3.2% |
| ORLY O'reilly Automotive Inc. | 0.21% | 70,291 | $6.4M | Reduce -0.5% |
| SYK Stryker Corp. | 0.21% | 17,921 | $6.3M | Reduce -0.5% |
Other holdings (4): bonds, preferreds, convertibles and warrants · $2.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PROSPECT CAPITAL CORP (PSEC 5.5 PERP A,1) | 5.50% CNV A1 PFD | 40,000 | $1.0M | No change |
| PROSPECT CAPITAL CORP (PSEC 6.5 PERP A3..) | 6.50% CNV A3 PFD | 30,000 | $750K | No change |
| PROSPECT CAPITAL CORP (PSEC 5.5 PERP A1._) | 5.50% CNV A1 PFD | 14,000 | $350K | No change |
| AYWWF Ayr Wellness Canada-29 | *W EXP 02/07/202 | 152,300 | $274 | No change |
Total filed on the 13F, all lines: $3.0B.
Portfolio Sells Q3 2025 → Q4 2025
| DFAS Dimensional US Small Cap ETF | Reduce -67.4% | 0.27% | −0.57 |
| IJR iShares Core S&P Small-Cap E | Reduce -27.3% | 1.35% | −0.54 |
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.25 |
| PG The Procter & Gamble Co. | Reduce -34.9% | 0.30% | −0.20 |
| FISV Fiserv Inc. | Reduce -75.0% | 0.03% | −0.19 |
| VZ Verizon Communications Inc. | Reduce -16.7% | 0.28% | −0.09 |
| ABBV Abbvie Inc. | Reduce -5.7% | 0.89% | −0.09 |
| TMUS T-Mobile US Inc. | Reduce -19.6% | 0.17% | −0.08 |
| ADP Automatic Data Processing | Reduce -0.4% | 0.40% | −0.07 |
| PLD Prologis Inc. | Reduce -67.4% | 0.04% | −0.07 |
| HON Honeywell International Inc. | Reduce -0.5% | 0.51% | −0.06 |
| COST Costco Wholesale Corp. | Reduce -2.1% | 0.42% | −0.05 |
| ORLY O'reilly Automotive Inc. | Reduce -0.5% | 0.21% | −0.05 |
| PANW Palo Alto Networks Inc. | Reduce -0.5% | 0.32% | −0.05 |
| CRM Salesforce Inc. | Reduce -28.2% | 0.16% | −0.04 |
| MDYG SS SPDR S&P 400 MC GR ETF | Reduce -2.0% | 1.12% | −0.04 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -4.1% | 0.51% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -3.4% | 0.36% | −0.04 |
| MDGL Madrigal Pharmaceuticals Inc. | Sold out | 0.00% | −0.04 |
| ETN Eaton Corp. PLC | Reduce -1.8% | 0.17% | −0.04 |
| TFC Truist Financial Corp. | Reduce -32.6% | 0.09% | −0.04 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -0.2% | 4.17% | −0.03 |
| CVX Chevron Corp. | Reduce -0.2% | 0.66% | −0.03 |
| FNB FNB Corp. | Reduce -11.7% | 0.33% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.2% | 1.82% | −0.03 |
| TSLA Tesla Inc. | Reduce -3.2% | 0.55% | −0.03 |
| PGR Progressive Corp. | Reduce -2.9% | 0.18% | −0.03 |
| ABT Abbott Laboratories | Reduce -2.3% | 0.18% | −0.02 |
| VLO Valero Energy Corp. | Reduce -4.0% | 0.19% | −0.02 |
| TXN Texas Instruments Inc. | Reduce -7.7% | 0.11% | −0.02 |
| SYK Stryker Corp. | Reduce -0.5% | 0.21% | −0.02 |
| AFL Aflac Inc. | Reduce -6.6% | 0.16% | −0.02 |
| IBIT iShares Bitcoin Trust ETF | Reduce -2.5% | 0.05% | −0.02 |
| TSPA T Rowe Price US Eqy Research | Reduce -0.9% | 1.14% | −0.02 |
| NFLX Netflix Inc. | Reduce -1.8% | 0.05% | −0.02 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -7.1% | 0.17% | −0.02 |
| BKNG Booking Holdings Inc. | Reduce -1.7% | 0.30% | −0.02 |
| BNY Bank of New York Mellon Corp. | Reduce -27.8% | 0.05% | −0.02 |
| BND Vanguard Total Bond Market | Reduce -49.5% | 0.01% | −0.02 |
| WM Waste Management Inc. | Reduce -3.2% | 0.23% | −0.02 |
| ADBE Adobe Inc. | Reduce -34.8% | 0.02% | −0.01 |
| LW Lamb Weston Holdings Inc. | Sold out | 0.00% | −0.01 |
| GVI iShares Intermediate Governm | Reduce -3.2% | 0.21% | −0.01 |
| GIS General Mills Inc. | Reduce -28.8% | 0.02% | −0.01 |
| AMT American Tower Corp. | Reduce -1.3% | 0.09% | −0.01 |
| MET Metlife Inc. | Reduce -3.0% | 0.12% | −0.01 |
| LYB Lyondellbasell Indu Class A | Reduce -0.4% | 0.07% | −0.01 |
| SO The Southern Co. | Reduce -0.6% | 0.10% | −0.01 |
| GD General Dynamics Corp. | Reduce -0.2% | 0.27% | −0.01 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Add +0.9% | 2.83% | +0.59 |
| AVDE Avantis International Equity | Add +25.6% | 2.47% | +0.53 |
| COF Capital One Financial Corp. | Add +198.7% | 0.31% | +0.22 |
| MRK Merck & Co. Inc. | Add +0.2% | 0.71% | +0.13 |
| IBDU iShares Ibonds Dec 2029 Term | Add +36.2% | 0.39% | +0.10 |
| IWP iShares Russell Mid-Cap Grow | Add +45.8% | 0.34% | +0.09 |
| USB US Bancorp | Add +25.9% | 0.35% | +0.09 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +40.9% | 0.33% | +0.09 |
| KO The Coca-Cola Co. | Add +24.6% | 0.34% | +0.07 |
| AVGO Broadcom Inc. | Add +1.0% | 2.28% | +0.07 |
| CSCO Cisco Systems Inc. | Add +0.4% | 0.75% | +0.07 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +23.6% | 0.39% | +0.06 |
| AMD Advanced Micro Devices | Add +0.2% | 0.28% | +0.06 |
| AMGN Amgen Inc. | Add +1.5% | 0.49% | +0.06 |
| WMT Walmart Inc. | Add +0.1% | 1.11% | +0.06 |
| ISRG Intuitive Surgical Inc. | Add +1.7% | 0.27% | +0.05 |
| IEFA iShares Core MSCI Eafe ETF | Add +2.0% | 3.21% | +0.05 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +32.8% | 0.23% | +0.05 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +19.5% | 0.35% | +0.05 |
| IBDR iShares Ibonds Dec 2026 Term | Add +19.0% | 0.31% | +0.04 |
| TMO Thermo Fisher Scientific Inc. | Add +2.6% | 0.24% | +0.04 |
| SCHR Schwab Intermediate-Term US | Add +6.8% | 1.02% | +0.04 |
| IWR iShares Russell Mid-Cap ETF | Add +14.4% | 0.37% | +0.04 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +6.3% | 0.79% | +0.04 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +1.0% | 3.73% | +0.04 |
| VEA Vanguard Ftse Developed ETF | Add +25.1% | 0.17% | +0.04 |
| EW Edwards Lifesciences Corp. | New | 0.03% | +0.03 |
| MS Morgan Stanley | Add +1.7% | 0.29% | +0.03 |
| SCCO Southern Copper Corp. | Add +0.8% | 0.19% | +0.03 |
| NEE Nextera Energy Inc. | Add +1.2% | 0.57% | +0.03 |
| UBER Uber Technologies Inc. | Add +44.2% | 0.16% | +0.02 |
| IBDX iShares Ibonds Dec 2032 TC | Add +140.8% | 0.04% | +0.02 |
| SCHW Schwab (charles) Corp. | Add +5.0% | 0.31% | +0.02 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +6.1% | 0.68% | +0.02 |
| AGG iShares Core U.S. Aggregate | Add +41.5% | 0.07% | +0.02 |
| SLV iShares Silver Trust | Add +11.0% | 0.05% | +0.02 |
| BLK BlackRock Inc. | Add +17.2% | 0.42% | +0.02 |
| IWM iShares Russell 2000 ETF | Add +6.4% | 0.36% | +0.02 |
| IBMQ iShares Ibonds Dec 2028 Muni | Add +131.2% | 0.03% | +0.02 |
| CCJ Cameco Corp. | New | 0.02% | +0.02 |
| TJX TJX Companies Inc. | Add +0.6% | 0.43% | +0.02 |
| PH Parker Hannifin Corp. | Add +10.8% | 0.09% | +0.02 |
| DGRO iShares Core Dividend Growth | Add +41.9% | 0.06% | +0.02 |
| TIP iShares Tips Bond ETF | Add +63.5% | 0.04% | +0.02 |
| XLF SS Financial Select Sector | Add +41.4% | 0.05% | +0.02 |
| FCX Freeport-McMoran Inc. | Add +138.1% | 0.02% | +0.01 |
| IBMO iShares Ibonds Dec 2026 Term | Add +170.6% | 0.02% | +0.01 |
| IBMP iShares Ibonds Dec 2027 Term | Add +203.7% | 0.02% | +0.01 |
| AVEM Avantis Emerging Markets Eq | Add +13.4% | 0.12% | +0.01 |
| AMAT Applied Materials Inc. | Add +0.1% | 0.07% | +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 |