Laird Norton Wetherby Trust Company, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Laird Norton Wetherby Trust Company, LLC reported 67 stock positions worth $621.6 million. Its top holding was Microsoft (MSFT) at 40.3% of the portfolio, followed by Vanguard Ftse All-World Ex-U (VEU, 10.4%) and VG Morningstar TS MKT ETF-US (VTI, 6.9%). Compared with Q4 2024, it opened 3 new positions, sold out of 16, added to 6 and reduced 20. The biggest buy was Vanguard Ftse Developed ETF (VEA, shares +14%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −29%).

Most Recent 13F
Q2 2026
Location
Seattle, WA
CIK
0000723204
Portfolio Value
$621.6M (Q1 2025)
SEC Filing
0001172661-25-002050 ↗ filed May 15, 2025

Holdings Value

0$2.0B$4.0B$6.0B Q1 2024: $738.2M Q1 2024 Q2 2024: $709.0M Q2 2024 Q3 2024: $763.6M Q3 2024 Q4 2024: $731.4M Q4 2024 Q1 2025: $621.6M $621.6M Q1 2025 Q2 2025: $727.8M Q2 2025 Q3 2025: $582.0M Q3 2025 Q4 2025: $4.8B Q4 2025 Q1 2026: $4.6B Q1 2026 Q2 2026: $5.2B Q2 2026

Holdings 67 stocks · $621.6M
MSFT Microsoft Corp. 40.29% 667,215 $250.5M Reduce -2.1%
VEU Vanguard Ftse All-World Ex-U 10.38% 1,063,304 $64.5M Reduce -21.0%
VTI VG Morningstar TS MKT ETF-US 6.90% 156,151 $42.9M Reduce -29.5%
VWO Vanguard Ftse Emerging Marke 3.73% 511,641 $23.2M Reduce -18.1%
VEA Vanguard Ftse Developed ETF 3.31% 405,144 $20.6M Add +14.1%
AAPL Apple Inc. 3.00% 83,988 $18.7M Reduce -18.2%
IVW iShares S&P 500 Growth ETF 2.46% 164,492 $15.3M No change
AMZN Amazon.com Inc. 2.35% 76,868 $14.6M Reduce -21.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.58% 39,500 $9.8M No change
MUB iShares National Muni Bond E 1.56% 91,750 $9.7M Add +6.5%
EFA iShares MSCI Eafe ETF 1.51% 114,828 $9.4M No change
ABT Abbott Laboratories 1.41% 65,850 $8.7M No change
GETY Getty Images Holdings Inc. 1.35% 4,851,391 $8.4M No change
VT Vanguard Tot World STK ETF 1.30% 69,880 $8.1M Reduce -0.1%
IWB iShares Russell 1000 ETF 1.12% 22,699 $7.0M Reduce -34.8%
PHYS Sprott Physical Gold Trust 1.09% 282,293 $6.8M Reduce -39.1%
VXUS Vanguard Total Intl Stock 1.02% 102,373 $6.4M Reduce -10.9%
BND Vanguard Total Bond Market 0.99% 84,212 $6.2M Reduce -20.8%
GS Goldman Sachs Group Inc. 0.97% 11,000 $6.0M No change
NVDA Nvidia Corp. 0.95% 54,679 $5.9M Reduce -33.8%
JPM JPMorgan Chase & Co. 0.94% 23,890 $5.9M No change
PG The Procter & Gamble Co. 0.91% 33,365 $5.7M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.90% 10,000 $5.6M No change
XOM Exxon Mobil Corp. 0.88% 45,904 $5.5M No change
CVX Chevron Corp. 0.76% 28,324 $4.7M No change
MMM 3M Co. 0.71% 29,850 $4.4M No change
HD Home Depot Inc. 0.67% 11,310 $4.1M No change
IJH iShares Core S&P Midcap ETF 0.61% 64,825 $3.8M No change
SUSA iShares ESG Optimized MSCI U 0.50% 27,064 $3.1M No change
NEE Nextera Energy Inc. 0.47% 41,171 $2.9M No change
IWR iShares Russell Mid-Cap ETF 0.41% 29,850 $2.5M No change
GOOG Alphabet Inc. Class C 0.40% 16,005 $2.5M No change
VTEB Vanguard Tax-Exempt Bond ETF 0.38% 48,204 $2.4M No change
USB US Bancorp 0.36% 52,300 $2.2M No change
RELY Remitly Global Inc. 0.35% 105,290 $2.2M No change
SBUX Starbucks Corp. 0.29% 18,278 $1.8M No change
ANIX Anixa Biosciences Inc. 0.29% 622,235 $1.8M No change
AMAT Applied Materials Inc. 0.29% 12,235 $1.8M No change
BIL SS SPDR BB 1-3M T-Bill ETF 0.28% 19,074 $1.7M New
BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN 0.22% 30,780 $1.4M No change
PCAR Paccar Inc. 0.17% 11,126 $1.1M Reduce -49.0%
PLTR Palantir Technologies Inc. Class A 0.17% 12,569 $1.1M No change
FCX Freeport-McMoran Inc. 0.15% 25,000 $947K Reduce -28.7%
BNDX Vanguard Total Intl Bond ETF 0.13% 16,160 $789K Reduce -2.0%
FLR Fluor Corp. 0.12% 21,500 $770K No change
IGF iShares Global Infrastructur 0.12% 13,795 $754K Add +11.4%
SOFI Sofi Technologies Inc. 0.12% 64,495 $750K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.12% 17,832 $744K No change
IEMG iShares Core MSCI Emerging 0.11% 13,025 $703K Reduce -58.4%
WIT Wipro Ltd.-ADR 0.11% 226,082 $692K Reduce -9.0%
VGSH Vanguard Short-Term Treasury 0.09% 10,000 $587K New
AFRM Affirm Holdings Inc. 0.09% 12,721 $575K No change
RDFN Redfin Corp. 0.08% 56,250 $518K Reduce -1.3%
FITB Fifth Third Bancorp 0.08% 11,795 $467K No change
DBC Invesco DB Commodity Index T 0.07% 20,714 $466K No change
DBX Dropbox Inc. Class A 0.06% 14,336 $383K No change
HLN Haleon PLC-ADR 0.05% 30,103 $310K Add +37.9%
INMB Inmune Bio Inc. 0.05% 36,600 $286K Add +7.3%
IX Orix - Sponsored ADR filed as ORIX CORP 0.04% 13,400 $280K New
JMIA Jumia Technologies AG-ADR 0.04% 116,325 $250K No change
LPL LG Display Co. Ltd.-ADR 0.03% 54,288 $169K Add +28.7%
PL Planet Labs PBC 0.02% 40,148 $136K No change
F Ford Motor Co. filed as FORD MTR CO 0.02% 10,000 $100K Reduce -58.3%
SAN Banco Santander SA-Spon ADR 0.01% 13,082 $88K Reduce -61.1%
GWH Ess Tech Inc. 0.01% 21,184 $69K No change
NVNO Envveno Medical Corporation 0.01% 25,000 $66K No change
ATHIRA PHARMA INC 0.01% 127,309 $36K No change

Portfolio Sells Q4 2024 → Q1 2025
VTI VG Morningstar TS MKT ETF-US Reduce -29.5% 6.90% −1.87
TSLA Tesla Inc. Sold out 0.00% −0.69
AMZN Amazon.com Inc. Reduce -21.3% 2.35% −0.58
NVDA Nvidia Corp. Reduce -33.8% 0.95% −0.56
AAPL Apple Inc. Reduce -18.2% 3.00% −0.51
IWB iShares Russell 1000 ETF Reduce -34.8% 1.12% −0.41
VEU Vanguard Ftse All-World Ex-U Reduce -21.0% 10.38% −0.19
PHYS Sprott Physical Gold Trust Reduce -39.1% 1.09% −0.18
PCAR Paccar Inc. Reduce -49.0% 0.17% −0.14
DGRO iShares Core Dividend Growth Sold out 0.00% −0.14
SCHF Schwab Intl Equity ETF Sold out 0.00% −0.14
IEMG iShares Core MSCI Emerging Reduce -58.4% 0.11% −0.11
SCHP Schwab U.S. Tips ETF Sold out 0.00% −0.06
SCHG Schwab US Large-Cap Growth Sold out 0.00% −0.05
BND Vanguard Total Bond Market Reduce -20.8% 0.99% −0.05
PFE Pfizer Inc. Sold out 0.00% −0.04
XPEV Xpeng Inc. - ADR Sold out 0.00% −0.04
VWO Vanguard Ftse Emerging Marke Reduce -18.1% 3.73% −0.03
CRGY Crescent Energy Inc. Class A Sold out 0.00% −0.03
FCX Freeport-McMoran Inc. Reduce -28.7% 0.15% −0.03
UMC United Microelectron-SP ADR Sold out 0.00% −0.02
KTCC Key Tronic Corp. Sold out 0.00% −0.02
F Ford Motor Co. Reduce -58.3% 0.02% −0.02
KGC Kinross Gold Corp. Sold out 0.00% −0.02
NIO Nio Inc. - ADR Sold out 0.00% −0.01
WIT Wipro Ltd.-ADR Reduce -9.0% 0.11% −0.01
NOK Nokia Corp.-Spon ADR Sold out 0.00% −0.01
SAN Banco Santander SA-Spon ADR Reduce -61.1% 0.01% −0.01
LYG Lloyds Banking Group PLC-ADR Sold out 0.00% −0.01
ABEV Ambev SA-ADR Sold out 0.00% −0.01
ACCD Accolade Inc. Sold out 0.00% −0.01
BNDX Vanguard Total Intl Bond ETF Reduce -2.0% 0.13% +0.02
RDFN Redfin Corp. Reduce -1.3% 0.08% +0.02
VXUS Vanguard Total Intl Stock Reduce -10.9% 1.02% +0.10
VT Vanguard Tot World STK ETF Reduce -0.1% 1.30% +0.18
MSFT Microsoft Corp. Reduce -2.1% 40.29% +1.02

Portfolio Buys Q4 2024 → Q1 2025
VEA Vanguard Ftse Developed ETF Add +14.1% 3.31% +0.99
MUB iShares National Muni Bond E Add +6.5% 1.56% +0.30
BIL SS SPDR BB 1-3M T-Bill ETF New 0.28% +0.28
VGSH Vanguard Short-Term Treasury New 0.09% +0.09
IX Orix - Sponsored ADR New 0.04% +0.04
IGF iShares Global Infrastructur Add +11.4% 0.12% +0.03
INMB Inmune Bio Inc. Add +7.3% 0.05% +0.02
HLN Haleon PLC-ADR Add +37.9% 0.05% +0.02
LPL LG Display Co. Ltd.-ADR Add +28.7% 0.03% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,017$5.2BVTI, AAPL, MSFT, NVDA, VEA
Q1 2026 982$4.6BMSFT, VTI, AAPL, NVDA, VEA
Q4 2025 1,020$4.8BMSFT, AAPL, VTI, NVDA, BRK.A
Q3 2025 65$582.0MMSFT, VEU, VTI, VWO, VEA
Q2 2025 69$727.8MMSFT, VEU, VTI, VWO, VEA
Q1 2025 67$621.6MMSFT, VEU, VTI, VWO, VEA
Q4 2024 80$731.4MMSFT, VEU, VTI, VWO, AAPL
Q3 2024 84$763.6MMSFT, VEU, VTI, VWO, AAPL
Q2 2024 72$709.0MMSFT, VEU, VTI, VWO, AAPL
Q1 2024 83$738.2MMSFT, VEU, VTI, VWO, AAPL