New Covenant Trust Company, N.A.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 13, 2026), New Covenant Trust Company, N.A. reported 90 stock positions worth $110.9 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 14.4% of the portfolio, followed by Vanguard Total Intl Stock (VXUS, 9.0%) and Vanguard ESG US Stock ETF (ESGV, 7.2%). Compared with Q3 2025, it opened 4 new positions, sold out of 1, added to 53 and reduced 20. The biggest buy was Vanguard ESG US Stock ETF (ESGV, shares +12%) and the biggest sale Vngrd Mrngst SL-CP Val ETF-U (VBR, shares −68%).

Most Recent 13F
Q2 2026
Location
JEFFERSONVILLE, IN
CIK
0002023097
Portfolio Value
$110.9M (Q4 2025)
SEC Filing
0001214659-26-000399 ↗ filed Jan 13, 2026

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $100.0M Q1 2024 Q2 2024: $87.0M Q2 2024 Q3 2024: $103.2M Q3 2024 Q4 2024: $100.7M Q4 2024 Q1 2025: $94.7M Q1 2025 Q2 2025: $111.9M Q2 2025 Q3 2025: $107.4M Q3 2025 Q4 2025: $110.9M $110.9M Q4 2025 Q1 2026: $112.0M Q1 2026 Q2 2026: $132.7M Q2 2026

Holdings 90 stocks · $110.9M
VTI VG Morningstar TS MKT ETF-US 14.43% 47,572 $16.0M Reduce -2.4%
VXUS Vanguard Total Intl Stock 9.00% 130,318 $10.0M Reduce -4.8%
ESGV Vanguard ESG US Stock ETF 7.23% 66,228 $8.0M Add +11.7%
BND Vanguard Total Bond Market 7.08% 105,949 $7.8M Add +5.4%
VSGX Vanguard ESG Intl Stock ETF 4.29% 65,383 $4.8M Add +5.5%
VOO Vanguard S&P 500 ETF 4.26% 7,517 $4.7M Add +11.2%
AAPL Apple Inc. 4.17% 17,049 $4.6M Add +1.1%
MSFT Microsoft Corp. 3.61% 8,452 $4.0M Add +2.2%
NVDA Nvidia Corp. 3.60% 21,160 $4.0M Add +2.6%
VYM Vanguard High DVD Yield ETF 2.67% 20,460 $3.0M Reduce -0.3%
AMZN Amazon.com Inc. 2.26% 11,081 $2.5M Add +2.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 1.89% 7,148 $2.1M Reduce -0.6%
SUSA iShares ESG Optimized MSCI U 1.77% 14,021 $2.0M Reduce -2.9%
JPM JPMorgan Chase & Co. 1.52% 5,184 $1.7M Add +1.1%
VB Vanguard Most SM-Cap ETF-Usd 1.42% 6,006 $1.6M No change
GOOG Alphabet Inc. Class C 1.31% 4,615 $1.5M Add +0.3%
GOOGL Alphabet Inc. Class A 1.20% 4,206 $1.3M Reduce -1.2%
AVGO Broadcom Inc. 1.18% 3,764 $1.3M Reduce -0.7%
VEU Vanguard Ftse All-World Ex-U 1.06% 15,751 $1.2M No change
META Meta Platforms Inc. Class A 1.04% 1,771 $1.2M Add +1.6%
LLY Eli Lilly & Co. 1.02% 1,051 $1.1M Add +1.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.93% 1,505 $1.0M No change
WMT Walmart Inc. 0.83% 8,164 $921K Add +0.8%
BRK.B Berkshire Hathaway Inc. Class B 0.81% 1,814 $901K Add +2.9%
TSLA Tesla Inc. 0.75% 1,906 $835K Add +5.5%
V Visa Inc. Class A 0.73% 2,342 $811K Add +4.6%
GE General Electric filed as GE AEROSPACE 0.69% 2,388 $766K Add +2.9%
FFLC Fidelity Fndmntl L/C Cor ETF 0.61% 12,536 $674K Reduce -47.3%
JNJ Johnson & Johnson 0.59% 3,138 $651K Add +0.7%
ORCL Oracle Corp. 0.57% 3,224 $631K Add +2.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.56% 5,548 $621K Add +0.8%
MRK Merck & Co. Inc. 0.56% 5,814 $619K Add +0.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.54% 10,748 $601K Reduce -1.8%
MA Mastercard Inc. Class A 0.53% 1,038 $585K Add +5.4%
NFLX Netflix Inc. 0.41% 5,051 $460K Add +1.4%
EAGG iShares ESG Aware US Aggrega 0.41% 9,530 $456K Reduce -45.9%
UNP Union Pacific Corp. 0.40% 1,913 $444K Add +1.5%
NEE Nextera Energy Inc. 0.40% 5,453 $441K Add +5.7%
HD Home Depot Inc. 0.39% 1,253 $433K Add +1.5%
SPYG SS SPDR P S&P 500 Growth ETF 0.37% 3,869 $413K No change
MS Morgan Stanley 0.35% 2,156 $392K Add +1.3%
EFA iShares MSCI Eafe ETF 0.34% 3,931 $381K No change
PG The Procter & Gamble Co. 0.34% 2,684 $381K Add +1.1%
GS Goldman Sachs Group Inc. 0.34% 409 $374K Add +1.2%
ABBV Abbvie Inc. 0.33% 1,603 $368K Add +1.2%
DE Deere & Co. 0.33% 783 $366K Add +0.8%
BIV Vanguard Intermediate-Term B 0.32% 4,519 $352K No change
YUM Yum! Brands Inc. 0.32% 2,331 $351K No change
ETN Eaton Corp. PLC 0.31% 1,060 $347K Add +3.3%
UNH Unitedhealth Group Inc. 0.31% 1,029 $346K Add +1.4%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.31% 1,591 $341K Reduce -68.3%
C Citigroup Inc. 0.29% 2,746 $326K Reduce -3.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.29% 2,106 $325K Add +0.3%
USB US Bancorp 0.29% 5,995 $323K Reduce -2.5%
ABT Abbott Laboratories 0.29% 2,591 $322K Add +0.8%
CSCO Cisco Systems Inc. 0.29% 4,158 $316K Add +2.7%
AMD Advanced Micro Devices 0.28% 1,408 $315K Add +6.2%
COP Conocophillips 0.27% 3,103 $300K Add +12.0%
AMAT Applied Materials Inc. 0.27% 1,114 $300K Add +0.9%
DSI iShares ESG MSCI KLD 400 ETF 0.26% 2,256 $291K No change
WFC Wells Fargo & Co. 0.26% 3,020 $288K Reduce -2.8%
TMO Thermo Fisher Scientific Inc. 0.25% 474 $281K Add +0.8%
AXP American Express Co. 0.25% 752 $280K Add +1.5%
PLD Prologis Inc. 0.25% 2,165 $279K Add +6.9%
COF Capital One Financial Corp. 0.25% 1,124 $279K Reduce -2.2%
COST Costco Wholesale Corp. 0.25% 323 $276K Add +1.9%
CVX Chevron Corp. 0.25% 1,761 $275K No change
KO The Coca-Cola Co. 0.25% 3,948 $273K Add +1.8%
LOW Lowe's Cos Inc. 0.24% 1,088 $269K Add +0.5%
WM Waste Management Inc. 0.24% 1,214 $265K Add +4.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.24% 905 $264K Add +3.8%
FITB Fifth Third Bancorp 0.23% 5,451 $260K No change
T AT&T Inc. 0.23% 10,533 $259K Add +1.8%
FDX FedEx Corp. 0.23% 881 $258K Reduce -5.5%
CVS CVS Health Corp. 0.23% 3,216 $258K Reduce -3.8%
LIN Linde PLC 0.23% 588 $252K No change
PEP Pepsico Inc. 0.22% 1,730 $246K Add +0.9%
CRM Salesforce Inc. 0.22% 968 $246K Add +11.4%
MCD McDonald's Corp. 0.22% 798 $242K Add +1.7%
UPS United Parcel Service Class B 0.22% 2,393 $242K Reduce -5.5%
SRE Sempra 0.22% 2,674 $240K No change
MU Micron Technology Inc. 0.21% 752 $237K New
SHW The Sherwin-Williams Co. 0.21% 698 $229K Reduce -0.8%
BLK BlackRock Inc. 0.21% 210 $228K Add +2.9%
VZ Verizon Communications Inc. 0.21% 5,623 $228K Add +2.1%
INTC Intel Corp. 0.21% 5,775 $227K New
SCZ iShares MSCI Eafe Small-Cap 0.19% 2,650 $207K No change
DUK Duke Energy Corp. 0.19% 1,747 $205K Reduce -0.1%
VONV Vanguard Russell 1000 Value 0.18% 2,184 $203K New
PFE Pfizer Inc. 0.18% 7,998 $201K New

Portfolio Sells Q3 2025 → Q4 2025
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -68.3% 0.31% −0.67
FFLC Fidelity Fndmntl L/C Cor ETF Reduce -47.3% 0.61% −0.54
VTI VG Morningstar TS MKT ETF-US Reduce -2.4% 14.43% −0.46
EAGG iShares ESG Aware US Aggrega Reduce -45.9% 0.41% −0.38
VXUS Vanguard Total Intl Stock Reduce -4.8% 9.00% −0.36
TIP iShares Tips Bond ETF Sold out 0.00% −0.26
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -0.6% 1.89% −0.08
SUSA iShares ESG Optimized MSCI U Reduce -2.9% 1.77% −0.06
SHW The Sherwin-Williams Co. Reduce -0.8% 0.21% −0.02
VYM Vanguard High DVD Yield ETF Reduce -0.3% 2.67% −0.02
DUK Duke Energy Corp. Reduce -0.1% 0.19% −0.02
CVS CVS Health Corp. Reduce -3.8% 0.23% −0.00
USB US Bancorp Reduce -2.5% 0.29% +0.01
AVGO Broadcom Inc. Reduce -0.7% 1.18% +0.02
BAC Bank of America Corp. Reduce -1.8% 0.54% +0.02
WFC Wells Fargo & Co. Reduce -2.8% 0.26% +0.02
UPS United Parcel Service Class B Reduce -5.5% 0.22% +0.02
COF Capital One Financial Corp. Reduce -2.2% 0.25% +0.02
C Citigroup Inc. Reduce -3.0% 0.29% +0.03
FDX FedEx Corp. Reduce -5.5% 0.23% +0.03
GOOGL Alphabet Inc. Class A Reduce -1.2% 1.20% +0.23

Portfolio Buys Q3 2025 → Q4 2025
ESGV Vanguard ESG US Stock ETF Add +11.7% 7.23% +0.70
VOO Vanguard S&P 500 ETF Add +11.2% 4.26% +0.40
LLY Eli Lilly & Co. Add +1.1% 1.02% +0.29
VSGX Vanguard ESG Intl Stock ETF Add +5.5% 4.29% +0.28
GOOG Alphabet Inc. Class C Add +0.3% 1.31% +0.27
MU Micron Technology Inc. New 0.21% +0.21
INTC Intel Corp. New 0.21% +0.21
VONV Vanguard Russell 1000 Value New 0.18% +0.18
PFE Pfizer Inc. New 0.18% +0.18
AAPL Apple Inc. Add +1.1% 4.17% +0.17
BND Vanguard Total Bond Market Add +5.4% 7.08% +0.12
MRK Merck & Co. Inc. Add +0.8% 0.56% +0.11
AMD Advanced Micro Devices Add +6.2% 0.28% +0.08
AMAT Applied Materials Inc. Add +0.9% 0.27% +0.06
WMT Walmart Inc. Add +0.8% 0.83% +0.05
JNJ Johnson & Johnson Add +0.7% 0.59% +0.05
AMZN Amazon.com Inc. Add +2.1% 2.26% +0.05
TMO Thermo Fisher Scientific Inc. Add +0.8% 0.25% +0.04
GE General Electric Add +2.9% 0.69% +0.04
MS Morgan Stanley Add +1.3% 0.35% +0.04
GS Goldman Sachs Group Inc. Add +1.2% 0.34% +0.04
PLD Prologis Inc. Add +6.9% 0.25% +0.04
NEE Nextera Energy Inc. Add +5.7% 0.40% +0.04
CRM Salesforce Inc. Add +11.4% 0.22% +0.03
CSCO Cisco Systems Inc. Add +2.7% 0.29% +0.03
COP Conocophillips Add +12.0% 0.27% +0.03
AXP American Express Co. Add +1.5% 0.25% +0.02
NVDA Nvidia Corp. Add +2.6% 3.60% +0.02
V Visa Inc. Class A Add +4.6% 0.73% +0.02
JPM JPMorgan Chase & Co. Add +1.1% 1.52% +0.02
TJX TJX Companies Inc. Add +0.3% 0.29% +0.01
IBM Intl Business Machines Corp. Add +3.8% 0.24% +0.01
KO The Coca-Cola Co. Add +1.8% 0.25% +0.01
MA Mastercard Inc. Class A Add +5.4% 0.53% +0.01
TSLA Tesla Inc. Add +5.5% 0.75% +0.01
WM Waste Management Inc. Add +4.9% 0.24% +0.00
DE Deere & Co. Add +0.8% 0.33% −0.00
PEP Pepsico Inc. Add +0.9% 0.22% −0.00
MCD McDonald's Corp. Add +1.7% 0.22% −0.00
ABBV Abbvie Inc. Add +1.2% 0.33% −0.01
LOW Lowe's Cos Inc. Add +0.5% 0.24% −0.01
BRK.B Berkshire Hathaway Inc. Class B Add +2.9% 0.81% −0.01
UNH Unitedhealth Group Inc. Add +1.4% 0.31% −0.01
UNP Union Pacific Corp. Add +1.5% 0.40% −0.01
BLK BlackRock Inc. Add +2.9% 0.21% −0.02
VZ Verizon Communications Inc. Add +2.1% 0.21% −0.02
COST Costco Wholesale Corp. Add +1.9% 0.25% −0.02
DIS The Walt Disney Co. Add +0.8% 0.56% −0.03
ABT Abbott Laboratories Add +0.8% 0.29% −0.03
PG The Procter & Gamble Co. Add +1.1% 0.34% −0.04

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 107$132.7MVTI, VXUS, BND, ESGV, VSGX
Q1 2026 96$112.0MVTI, VXUS, BND, ESGV, VSGX
Q4 2025 90$110.9MVTI, VXUS, ESGV, BND, VSGX
Q3 2025 87$107.4MVTI, VXUS, BND, ESGV, VSGX
Q2 2025 83$111.9MVTI, VXUS, BND, ESGV, MSFT
Q1 2025 86$94.7MVTI, VXUS, BND, ESGV, AAPL
Q4 2024 85$100.7MVTI, VXUS, BND, ESGV, AAPL
Q3 2024 90$103.2MVTI, VXUS, BND, ESGV, AAPL
Q2 2024 76$87.0MVTI, VXUS, ESGV, BND, VOO
Q1 2024Amended 419$100.0MVTI, VXUS, ESGV, BND, VOO