Laird Norton Wetherby Trust Company, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Laird Norton Wetherby Trust Company, LLC reported 69 stock positions worth $727.8 million. Its top holding was Microsoft (MSFT) at 45.4% of the portfolio, followed by Vanguard Ftse All-World Ex-U (VEU, 8.5%) and VG Morningstar TS MKT ETF-US (VTI, 6.5%). Compared with Q1 2025, it opened 2 new positions, added to 9 and reduced 13. The biggest buy was a new position in Berkshire Hathaway Class B (BRK.B) and the biggest sale Vanguard Ftse All-World Ex-U (VEU, shares −14%).

Most Recent 13F
Q2 2026
Location
Seattle, WA
CIK
0000723204
Portfolio Value
$727.8M (Q2 2025)
SEC Filing
0001172661-25-003374 ↗ filed Aug 14, 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 Q1 2025 Q2 2025: $727.8M $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 69 stocks · $727.8M
MSFT Microsoft Corp. 45.41% 664,529 $330.5M Reduce -0.4%
VEU Vanguard Ftse All-World Ex-U 8.46% 916,012 $61.6M Reduce -13.8%
VTI VG Morningstar TS MKT ETF-US 6.54% 156,151 $47.6M No change
VWO Vanguard Ftse Emerging Marke 3.39% 499,403 $24.7M Reduce -2.4%
VEA Vanguard Ftse Developed ETF 3.25% 414,581 $23.6M Add +2.3%
IVW iShares S&P 500 Growth ETF 2.48% 163,647 $18.0M Reduce -0.5%
AAPL Apple Inc. 2.37% 83,988 $17.2M No change
AMZN Amazon.com Inc. 2.32% 76,868 $16.9M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.60% 39,500 $11.6M No change
MUB iShares National Muni Bond E 1.37% 95,558 $10.0M Add +4.2%
VT Vanguard Tot World STK ETF 1.23% 69,880 $9.0M No change
NVDA Nvidia Corp. 1.22% 56,024 $8.9M Add +2.5%
EFA iShares MSCI Eafe ETF 1.11% 90,252 $8.1M Reduce -21.4%
GETY Getty Images Holdings Inc. 1.11% 4,851,391 $8.1M No change
GS Goldman Sachs Group Inc. 1.07% 11,000 $7.8M No change
PHYS Sprott Physical Gold Trust 1.06% 304,656 $7.7M Add +7.9%
IWB iShares Russell 1000 ETF 1.06% 22,699 $7.7M No change
ABT Abbott Laboratories 1.01% 54,100 $7.4M Reduce -17.8%
JPM JPMorgan Chase & Co. 0.95% 23,890 $6.9M No change
BND Vanguard Total Bond Market 0.85% 84,212 $6.2M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.85% 10,000 $6.2M No change
VXUS Vanguard Total Intl Stock 0.79% 83,200 $5.7M Reduce -18.7%
BRK.B Berkshire Hathaway Inc. Class B 0.76% 11,404 $5.5M New
PG The Procter & Gamble Co. 0.73% 33,365 $5.3M No change
XOM Exxon Mobil Corp. 0.68% 45,904 $4.9M No change
MMM 3M Co. 0.62% 29,850 $4.5M No change
HD Home Depot Inc. 0.57% 11,310 $4.1M No change
CVX Chevron Corp. 0.56% 28,324 $4.1M No change
IJH iShares Core S&P Midcap ETF 0.55% 64,825 $4.0M No change
SUSA iShares ESG Optimized MSCI U 0.47% 27,064 $3.4M No change
GOOG Alphabet Inc. Class C 0.39% 16,005 $2.8M No change
IWR iShares Russell Mid-Cap ETF 0.38% 29,850 $2.7M No change
NEE Nextera Energy Inc. 0.36% 37,705 $2.6M Reduce -8.4%
USB US Bancorp 0.33% 52,300 $2.4M No change
VTEB Vanguard Tax-Exempt Bond ETF 0.32% 48,204 $2.4M No change
AMAT Applied Materials Inc. 0.31% 12,235 $2.2M No change
ANIX Anixa Biosciences Inc. 0.28% 617,235 $2.0M Reduce -0.8%
RELY Remitly Global Inc. 0.27% 105,290 $2.0M No change
BIL SS SPDR BB 1-3M T-Bill ETF 0.24% 19,074 $1.7M No change
PLTR Palantir Technologies Inc. Class A 0.24% 12,569 $1.7M No change
SBUX Starbucks Corp. 0.23% 18,278 $1.7M No change
BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN 0.18% 30,780 $1.3M No change
SOFI Sofi Technologies Inc. 0.16% 64,495 $1.2M No change
FLR Fluor Corp. 0.15% 21,500 $1.1M No change
FCX Freeport-McMoran Inc. 0.15% 25,000 $1.1M No change
PCAR Paccar Inc. 0.15% 11,126 $1.1M No change
IGF iShares Global Infrastructur 0.13% 16,517 $978K Add +19.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.13% 20,602 $975K Add +15.5%
AFRM Affirm Holdings Inc. 0.12% 12,721 $880K No change
IEMG iShares Core MSCI Emerging 0.11% 13,025 $782K No change
VGSH Vanguard Short-Term Treasury 0.11% 13,039 $766K Add +30.4%
VZ Verizon Communications Inc. 0.10% 17,025 $737K New
WIT Wipro Ltd.-ADR 0.09% 218,877 $661K Reduce -3.2%
RDFN Redfin Corp. 0.09% 55,500 $621K Reduce -1.3%
BNDX Vanguard Total Intl Bond ETF 0.08% 12,083 $598K Reduce -25.2%
FITB Fifth Third Bancorp 0.07% 11,795 $489K No change
JMIA Jumia Technologies AG-ADR 0.06% 116,325 $468K No change
DBC Invesco DB Commodity Index T 0.06% 20,714 $452K No change
DBX Dropbox Inc. Class A 0.06% 14,336 $410K No change
HLN Haleon PLC-ADR 0.06% 39,042 $405K Add +29.7%
IX Orix - Sponsored ADR filed as ORIX CORP 0.04% 13,400 $302K No change
PL Planet Labs PBC 0.03% 40,148 $245K No change
LPL LG Display Co. Ltd.-ADR 0.02% 37,091 $127K Reduce -31.7%
SAN Banco Santander SA-Spon ADR 0.01% 13,082 $109K No change
F Ford Motor Co. filed as FORD MTR CO 0.01% 10,000 $109K No change
NVNO Envveno Medical Corporation 0.01% 25,000 $100K No change
INMB Inmune Bio Inc. 0.01% 37,000 $85K Add +1.1%
ATHIRA PHARMA INC 0.01% 127,309 $38K No change
GWH Ess Tech Inc. 0.00% 21,184 $28K No change

Portfolio Sells Q1 2025 → Q2 2025
VEU Vanguard Ftse All-World Ex-U Reduce -13.8% 8.46% −1.92
EFA iShares MSCI Eafe ETF Reduce -21.4% 1.11% −0.40
ABT Abbott Laboratories Reduce -17.8% 1.01% −0.39
VWO Vanguard Ftse Emerging Marke Reduce -2.4% 3.39% −0.33
VXUS Vanguard Total Intl Stock Reduce -18.7% 0.79% −0.23
NEE Nextera Energy Inc. Reduce -8.4% 0.36% −0.11
BNDX Vanguard Total Intl Bond ETF Reduce -25.2% 0.08% −0.04
WIT Wipro Ltd.-ADR Reduce -3.2% 0.09% −0.02
LPL LG Display Co. Ltd.-ADR Reduce -31.7% 0.02% −0.01
ANIX Anixa Biosciences Inc. Reduce -0.8% 0.28% −0.01
RDFN Redfin Corp. Reduce -1.3% 0.09% +0.00
IVW iShares S&P 500 Growth ETF Reduce -0.5% 2.48% +0.02
MSFT Microsoft Corp. Reduce -0.4% 45.41% +5.12

Portfolio Buys Q1 2025 → Q2 2025
BRK.B Berkshire Hathaway Inc. Class B New 0.76% +0.76
NVDA Nvidia Corp. Add +2.5% 1.22% +0.26
VZ Verizon Communications Inc. New 0.10% +0.10
BAC Bank of America Corp. Add +15.5% 0.13% +0.01
IGF iShares Global Infrastructur Add +19.7% 0.13% +0.01
VGSH Vanguard Short-Term Treasury Add +30.4% 0.11% +0.01
HLN Haleon PLC-ADR Add +29.7% 0.06% +0.01
PHYS Sprott Physical Gold Trust Add +7.9% 1.06% −0.03
INMB Inmune Bio Inc. Add +1.1% 0.01% −0.03
VEA Vanguard Ftse Developed ETF Add +2.3% 3.25% −0.07
MUB iShares National Muni Bond E Add +4.2% 1.37% −0.18

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