Montecito Bank & Trust
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 17, 2025), Montecito Bank & Trust reported 278 stock positions worth $564.7 million. Its top holding was iShares Russell 1000 Growth (IWF) at 4.9% of the portfolio, followed by Nvidia (NVDA, 3.9%) and Microsoft (MSFT, 3.4%). Compared with Q4 2024, it opened 8 new positions, sold out of 3, added to 91 and reduced 129. The biggest buy was a new position in BlackRock (BLK) and the biggest sale Nvidia (NVDA, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- SANTA BARBARA, CA
- CIK
- 0001422508
- Portfolio Value
- $564.7M (Q1 2025)
- SEC Filing
- 0001422508-25-000002 ↗ filed Apr 17, 2025
Holdings Value
Holdings 278 stocks · $564.7M
| IWF iShares Russell 1000 Growth | 4.85% | 75,918 | $27.4M | Reduce -1.5% |
| NVDA Nvidia Corp. | 3.85% | 200,768 | $21.8M | Reduce -5.9% |
| MSFT Microsoft Corp. | 3.37% | 50,637 | $19.0M | Reduce -1.1% |
| BIV Vanguard Intermediate-Term B | 2.79% | 205,405 | $15.7M | Add +1.6% |
| IVV iShares Core S&P 500 ETF | 2.54% | 25,490 | $14.3M | Reduce -0.4% |
| VGSH Vanguard Short-Term Treasury | 2.49% | 239,491 | $14.1M | Add +5.6% |
| AGG iShares Core U.S. Aggregate | 2.42% | 138,247 | $13.7M | Reduce -5.6% |
| GOVT iShares US Treasury Bond ETF | 2.06% | 506,980 | $11.7M | Reduce -1.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.00% | 20,147 | $11.3M | Reduce -0.7% |
| IJH iShares Core S&P Midcap ETF | 1.98% | 191,689 | $11.2M | Add +0.2% |
| QUAL iShares MSCI USA Quality Fac | 1.73% | 57,023 | $9.7M | Add +2.8% |
| IWD iShares Russell 1000 Value E | 1.66% | 49,711 | $9.4M | Add +0.5% |
| IEFA iShares Core MSCI Eafe ETF | 1.60% | 119,138 | $9.0M | Reduce -4.8% |
| COST Costco Wholesale Corp. | 1.57% | 9,378 | $8.9M | Reduce -1.3% |
| LLY Eli Lilly & Co. | 1.52% | 10,406 | $8.6M | Add +1.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 1.49% | 106,440 | $8.4M | Reduce -6.7% |
| GOOGL Alphabet Inc. Class A | 1.45% | 52,947 | $8.2M | Add +0.6% |
| KO The Coca-Cola Co. | 1.34% | 105,965 | $7.6M | Reduce -1.4% |
| VIGI Vanguard Int Div App Indx FD | 1.27% | 86,685 | $7.2M | Add +0.0% |
| JPM JPMorgan Chase & Co. | 1.25% | 28,703 | $7.0M | Add +0.2% |
| ABBV Abbvie Inc. | 1.22% | 32,789 | $6.9M | Reduce -0.2% |
| NEAR iShares SH Dba ETF Usd Inc. | 1.09% | 121,234 | $6.2M | Add +5.1% |
| IJR iShares Core S&P Small-Cap E | 1.05% | 56,946 | $6.0M | Reduce -0.3% |
| TFLO iShares Treasury Floating Ra | 0.98% | 109,270 | $5.5M | Reduce -2.3% |
| PG The Procter & Gamble Co. | 0.96% | 31,790 | $5.4M | Add +0.9% |
| CVX Chevron Corp. | 0.92% | 31,129 | $5.2M | Reduce -0.4% |
| EFV iShares MSCI Eafe Value ETF | 0.82% | 78,166 | $4.6M | Reduce -1.1% |
| USMV iShares MSCI USA Min Vol Fac | 0.80% | 48,367 | $4.5M | Add +2.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.77% | 9,277 | $4.4M | Reduce -4.3% |
| MUB iShares National Muni Bond E | 0.76% | 40,550 | $4.3M | Add +16.8% |
| V Visa Inc. Class A | 0.73% | 11,722 | $4.1M | Reduce -2.5% |
| ITOT iShares Core S&P Total U.S. | 0.71% | 33,082 | $4.0M | Add +6.8% |
| VGIT Vanguard Intermediate-Term T | 0.70% | 66,623 | $4.0M | Add +6.7% |
| IYW iShares Ustechnology ETF | 0.70% | 28,151 | $4.0M | Reduce -0.7% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.66% | 67,882 | $3.7M | Reduce -7.9% |
| CWI State Street SPDR MSCI Acwi | 0.65% | 124,481 | $3.7M | Reduce -2.4% |
| AVGO Broadcom Inc. | 0.63% | 21,100 | $3.5M | Add +1.6% |
| JNJ Johnson & Johnson | 0.62% | 21,261 | $3.5M | Reduce -0.4% |
| XOM Exxon Mobil Corp. | 0.62% | 29,384 | $3.5M | Reduce -0.8% |
| IWO iShares Russell 2000 Growth | 0.60% | 13,182 | $3.4M | No change |
| ESGU iShares ESG Aware MSCI USA | 0.59% | 27,473 | $3.3M | Reduce -3.1% |
| UNP Union Pacific Corp. | 0.56% | 13,498 | $3.2M | Reduce -0.8% |
| VYM Vanguard High DVD Yield ETF | 0.56% | 24,348 | $3.1M | Reduce -1.0% |
| VIG Vanguard Dividend Apprec ETF | 0.55% | 15,885 | $3.1M | Reduce -11.4% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.52% | 40,016 | $2.9M | Add +0.3% |
| TT Trane Technologies PLC | 0.51% | 8,630 | $2.9M | Reduce -0.4% |
| MA Mastercard Inc. Class A | 0.48% | 4,973 | $2.7M | Add +4.4% |
| MRK Merck & Co. Inc. | 0.48% | 29,916 | $2.7M | Add +1.1% |
| AMP Ameriprise Financial Inc. | 0.47% | 5,433 | $2.6M | Reduce -0.6% |
| CSCO Cisco Systems Inc. | 0.46% | 42,352 | $2.6M | Add +2.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.46% | 26,125 | $2.6M | Reduce -1.0% |
| GOOG Alphabet Inc. Class C | 0.45% | 16,370 | $2.6M | Add +0.4% |
| ESGD iShares Trust iShares ESG Aw | 0.45% | 31,123 | $2.5M | Reduce -1.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.44% | 10,011 | $2.5M | Add +4.7% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.44% | 53,898 | $2.5M | Add +2.5% |
| IVW iShares S&P 500 Growth ETF | 0.43% | 25,954 | $2.4M | Reduce -0.3% |
| VOO Vanguard S&P 500 ETF | 0.41% | 4,507 | $2.3M | Add +4.6% |
| EFA iShares MSCI Eafe ETF | 0.39% | 26,662 | $2.2M | Reduce -0.2% |
| VEA Vanguard Ftse Developed ETF | 0.39% | 42,821 | $2.2M | Add +6.9% |
| FISV Fiserv Inc. | 0.38% | 9,811 | $2.2M | Add +0.4% |
| ECL Ecolab Inc. | 0.38% | 8,430 | $2.1M | Add +0.1% |
| HD Home Depot Inc. | 0.37% | 5,776 | $2.1M | Add +2.1% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.36% | 38,343 | $2.0M | Add +4.0% |
| XLV SS Health Care Select Sector | 0.36% | 13,745 | $2.0M | Reduce -9.1% |
| META Meta Platforms Inc. Class A | 0.35% | 3,463 | $2.0M | Add +1.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.35% | 16,265 | $2.0M | Add +2.2% |
| WMT Walmart Inc. | 0.35% | 22,347 | $2.0M | Reduce -0.3% |
| STIP iShares 0-5 Year Tips Bond E | 0.34% | 18,730 | $1.9M | Add +260.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.34% | 11,405 | $1.9M | Reduce -2.7% |
| LOW Lowe's Cos Inc. | 0.33% | 8,087 | $1.9M | Add +10.2% |
| CWB SS SPDR BB Conv Sec ETF | 0.33% | 24,516 | $1.9M | Reduce -6.6% |
| CSL Carlisle Cos Inc. | 0.33% | 5,515 | $1.9M | No change |
| PEP Pepsico Inc. | 0.33% | 12,413 | $1.9M | Reduce -2.2% |
| UNH Unitedhealth Group Inc. | 0.32% | 3,414 | $1.8M | Add +7.5% |
| VNQ Vanguard Real Estate ETF | 0.32% | 19,712 | $1.8M | Reduce -5.9% |
| MCD McDonald's Corp. | 0.31% | 5,519 | $1.7M | Reduce -0.4% |
| IWM iShares Russell 2000 ETF | 0.30% | 8,500 | $1.7M | Reduce -1.1% |
| BKNG Booking Holdings Inc. | 0.30% | 364 | $1.7M | Add +16.7% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.29% | 1,656 | $1.6M | Add +0.2% |
| TMO Thermo Fisher Scientific Inc. | 0.29% | 3,247 | $1.6M | Reduce -7.2% |
| VZ Verizon Communications Inc. | 0.28% | 35,200 | $1.6M | Reduce -6.5% |
| ITW Illinois Tool Works | 0.28% | 6,308 | $1.6M | Add +0.6% |
| ETN Eaton Corp. PLC | 0.27% | 5,667 | $1.5M | Reduce -0.4% |
| VEU Vanguard Ftse All-World Ex-U | 0.27% | 25,366 | $1.5M | No change |
| GLD SPDR Gold Shares | 0.27% | 5,339 | $1.5M | Reduce -2.0% |
| BLK BlackRock Inc. | 0.27% | 1,621 | $1.5M | New |
| COP Conocophillips | 0.26% | 13,936 | $1.5M | Add +1.0% |
| MCK McKesson Corp. | 0.26% | 2,165 | $1.5M | Reduce -3.8% |
| MBB iShares MBS ETF | 0.25% | 15,307 | $1.4M | Reduce -3.4% |
| IHI iShares U.S. Medical Devices | 0.25% | 23,505 | $1.4M | Reduce -0.6% |
| XLY SS Consumer Disc Select Sect | 0.25% | 7,059 | $1.4M | Reduce -0.6% |
| PANW Palo Alto Networks Inc. | 0.24% | 8,104 | $1.4M | Reduce -1.2% |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | 0.24% | 44,086 | $1.4M | Reduce -0.7% |
| ORCL Oracle Corp. | 0.24% | 9,710 | $1.4M | Add +18.5% |
| SCHW Schwab (charles) Corp. | 0.23% | 16,697 | $1.3M | No change |
| DE Deere & Co. | 0.23% | 2,782 | $1.3M | Reduce -4.9% |
| BSV Vanguard Short-Term Bond ETF | 0.23% | 16,647 | $1.3M | Reduce -0.2% |
| DES Wisdomtree US Smallcap Divid | 0.23% | 40,645 | $1.3M | Add +2.6% |
| MDY State Street SPDR S&P Midcap | 0.23% | 2,414 | $1.3M | No change |
| IWB iShares Russell 1000 ETF | 0.23% | 4,193 | $1.3M | Reduce -18.2% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $323K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 185 | $222K | No change |
| BANK OF AMERICA CORP (BAC V6.3 PERP DD) | Fixed Income · principal | 100,000 | $101K | No change |
Total filed on the 13F, all lines: $565.0M.
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -5.9% | 3.85% | −1.11 |
| IWF iShares Russell 1000 Growth | Reduce -1.5% | 4.85% | −0.51 |
| MSFT Microsoft Corp. | Reduce -1.1% | 3.37% | −0.37 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -4.3% | 0.77% | −0.09 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.3% | 1.05% | −0.09 |
| IYW iShares Ustechnology ETF | Reduce -0.7% | 0.70% | −0.08 |
| ACN Accenture PLC Class A | Reduce -20.1% | 0.21% | −0.08 |
| ADBE Adobe Inc. | Reduce -39.5% | 0.09% | −0.08 |
| IVV iShares Core S&P 500 ETF | Reduce -0.4% | 2.54% | −0.07 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -2.7% | 0.34% | −0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.7% | 2.00% | −0.06 |
| VIG Vanguard Dividend Apprec ETF | Reduce -11.4% | 0.55% | −0.06 |
| IWB iShares Russell 1000 ETF | Reduce -18.2% | 0.23% | −0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.06 |
| ANET Arista Networks Inc. | Reduce -15.8% | 0.08% | −0.06 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -6.7% | 1.49% | −0.05 |
| ETN Eaton Corp. PLC | Reduce -0.4% | 0.27% | −0.05 |
| FAST Fastenal Co. | Reduce -46.8% | 0.08% | −0.05 |
| MAR Marriott International Class A | Reduce -36.3% | 0.07% | −0.05 |
| DIS The Walt Disney Co. | Reduce -1.0% | 0.46% | −0.05 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -7.9% | 0.66% | −0.05 |
| BX Blackstone Inc. | Reduce -5.7% | 0.15% | −0.04 |
| ESGU iShares ESG Aware MSCI USA | Reduce -3.1% | 0.59% | −0.04 |
| TT Trane Technologies PLC | Reduce -0.4% | 0.51% | −0.04 |
| AMP Ameriprise Financial Inc. | Reduce -0.6% | 0.47% | −0.04 |
| DHR Danaher Corp. | Reduce -10.9% | 0.16% | −0.04 |
| AGG iShares Core U.S. Aggregate | Reduce -5.6% | 2.42% | −0.04 |
| CLX Clorox Company | Sold out | 0.00% | −0.04 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -34.7% | 0.05% | −0.04 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -18.8% | 0.18% | −0.03 |
| IVW iShares S&P 500 Growth ETF | Reduce -0.3% | 0.43% | −0.03 |
| CMI Cummins Inc. | Reduce -9.5% | 0.15% | −0.03 |
| SBUX Starbucks Corp. | Reduce -36.4% | 0.07% | −0.03 |
| XLY SS Consumer Disc Select Sect | Reduce -0.6% | 0.25% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -7.2% | 0.29% | −0.03 |
| IWM iShares Russell 2000 ETF | Reduce -1.1% | 0.30% | −0.03 |
| DLR Digital Realty Trust Inc. | Reduce -1.1% | 0.12% | −0.03 |
| EMR Emerson Electric Co. | Reduce -0.6% | 0.22% | −0.02 |
| ED Consolidated Edison Inc. | Reduce -43.0% | 0.06% | −0.02 |
| CWB SS SPDR BB Conv Sec ETF | Reduce -6.6% | 0.33% | −0.02 |
| PFE Pfizer Inc. | Reduce -8.6% | 0.17% | −0.02 |
| NKE Nike Inc. Class B | Reduce -5.2% | 0.09% | −0.02 |
| PSCH Invesco S&P Smallcap Health | Reduce -10.2% | 0.17% | −0.02 |
| CMG Chipotle Mexican Grill Inc. | Reduce -7.3% | 0.07% | −0.02 |
| ACWI iShares MSCI Acwi ETF | Reduce -9.4% | 0.20% | −0.02 |
| ICLN iShares Global Clean Energy | Reduce -40.2% | 0.03% | −0.02 |
| FIS Fidelity National Info Serv | Reduce -18.4% | 0.05% | −0.01 |
| PANW Palo Alto Networks Inc. | Reduce -1.2% | 0.24% | −0.01 |
| SMH Vaneck Semiconductor ETF | Reduce -7.2% | 0.06% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| BLK BlackRock Inc. | New | 0.27% | +0.27 |
| STIP iShares 0-5 Year Tips Bond E | Add +260.2% | 0.34% | +0.25 |
| VGSH Vanguard Short-Term Treasury | Add +5.6% | 2.49% | +0.20 |
| BIV Vanguard Intermediate-Term B | Add +1.6% | 2.79% | +0.17 |
| LLY Eli Lilly & Co. | Add +1.1% | 1.52% | +0.14 |
| LRCX Lam Research Corp. | New | 0.13% | +0.13 |
| MUB iShares National Muni Bond E | Add +16.8% | 0.76% | +0.12 |
| IBTI iShares Ibonds Dec 2028 Term | Add +180.3% | 0.15% | +0.10 |
| IBTJ iShares Ibonds Dec 2029 Term | Add +244.3% | 0.14% | +0.10 |
| NEAR iShares SH Dba ETF Usd Inc. | Add +5.1% | 1.09% | +0.08 |
| USMV iShares MSCI USA Min Vol Fac | Add +2.6% | 0.80% | +0.08 |
| IBM Intl Business Machines Corp. | Add +4.7% | 0.44% | +0.08 |
| EXC Exelon Corp. | New | 0.07% | +0.07 |
| VGIT Vanguard Intermediate-Term T | Add +6.7% | 0.70% | +0.07 |
| VIGI Vanguard Int Div App Indx FD | Add +0.0% | 1.27% | +0.07 |
| IWD iShares Russell 1000 Value E | Add +0.5% | 1.66% | +0.07 |
| PH Parker Hannifin Corp. | New | 0.07% | +0.07 |
| AZN Astrazeneca PLC-Spons ADR | Add +104.1% | 0.11% | +0.06 |
| JPIE JPMorgan Income ETF | Add +39.8% | 0.19% | +0.06 |
| JPM JPMorgan Chase & Co. | Add +0.2% | 1.25% | +0.06 |
| VEA Vanguard Ftse Developed ETF | Add +6.9% | 0.39% | +0.05 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +0.3% | 0.52% | +0.05 |
| GEHC GE Healthcare Technology | New | 0.05% | +0.05 |
| MA Mastercard Inc. Class A | Add +4.4% | 0.48% | +0.05 |
| PG The Procter & Gamble Co. | Add +0.9% | 0.96% | +0.04 |
| PGR Progressive Corp. | New | 0.04% | +0.04 |
| IAU iShares Gold Trust | New | 0.04% | +0.04 |
| VGLT Vanguard Long-Term Treasury | New | 0.04% | +0.04 |
| ZTS Zoetis Inc. | Add +95.2% | 0.08% | +0.04 |
| CSCO Cisco Systems Inc. | Add +2.4% | 0.46% | +0.04 |
| CI The Cigna Group | Add +9.8% | 0.15% | +0.04 |
| UNH Unitedhealth Group Inc. | Add +7.5% | 0.32% | +0.04 |
| ECL Ecolab Inc. | Add +0.1% | 0.38% | +0.04 |
| DGX Quest Diagnostics Inc. | Add +52.6% | 0.08% | +0.04 |
| FISV Fiserv Inc. | Add +0.4% | 0.38% | +0.04 |
| VRTX Vertex Pharmaceuticals Inc. | Add +5.6% | 0.15% | +0.03 |
| IBTF iShares Ibonds Dec 2025 Term | Add +13.7% | 0.21% | +0.03 |
| BKNG Booking Holdings Inc. | Add +16.7% | 0.30% | +0.03 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +2.5% | 0.44% | +0.03 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +4.0% | 0.36% | +0.03 |
| SO The Southern Co. | Add +5.3% | 0.16% | +0.03 |
| KLAC KLA Corp. | Add +2.8% | 0.22% | +0.03 |
| ITOT iShares Core S&P Total U.S. | Add +6.8% | 0.71% | +0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +7.7% | 0.21% | +0.02 |
| COP Conocophillips | Add +1.0% | 0.26% | +0.02 |
| CL Colgate-Palmolive Co. | Add +5.5% | 0.22% | +0.02 |
| GILD Gilead Sciences Inc. | Add +1.3% | 0.11% | +0.02 |
| LOW Lowe's Cos Inc. | Add +10.2% | 0.33% | +0.02 |
| TJX TJX Companies Inc. | Add +2.2% | 0.35% | +0.02 |
| IBTG iShares Ibonds Dec 2026 Term | Add +6.4% | 0.20% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 271 | $668.4M | IWF, NVDA, IVV, MSFT, BIV |
| Q1 2026 | 266 | $607.3M | IWF, NVDA, IVV, BIV, MSFT |
| Q4 2025 | 265 | $627.3M | IWF, NVDA, MSFT, IVV, BIV |
| Q3 2025 | 274 | $643.9M | NVDA, IWF, MSFT, IVV, BIV |
| Q1 2025 | 278 | $564.7M | IWF, NVDA, MSFT, BIV, IVV |
| Q4 2024 | 273 | $577.1M | IWF, NVDA, MSFT, BIV, IVV |
| Q3 2024 | 278 | $586.7M | IWF, NVDA, MSFT, BIV, AGG |
| Q2 2024 | 258 | $491.3M | IWF, NVDA, MSFT, IVV, SPY |
| Q1 2024 | 263 | $499.8M | IWF, NVDA, MSFT, IVV, SPY |