Old North State Trust, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 18, 2025), Old North State Trust, LLC reported 141 stock positions worth $146.3 million. Its top holding was Apple (AAPL) at 7.8% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 6.8%) and Nvidia (NVDA, 5.1%). Compared with Q1 2025, it opened 15 new positions, sold out of 9, added to 54 and reduced 49. The biggest buy was Microsoft (MSFT, shares +4%) and the biggest sale Ishr CR Unvrse Usd BD ETF-Ui (IUSB, shares −82%).

Most Recent 13F
Q2 2026
Location
GREENSBORO, NC
CIK
0001760444
Portfolio Value
$146.3M (Q2 2025)
SEC Filing
0001760444-25-000003 ↗ filed Aug 18, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $118.3M Q1 2024 Q2 2024: $115.8M Q2 2024 Q3 2024: $123.0M Q3 2024 Q4 2024: $157.2M Q4 2024 Q1 2025: $157.2M Q1 2025 Q2 2025: $146.3M $146.3M Q2 2025 Q3 2025: $164.2M Q3 2025 Q4 2025: $169.1M Q4 2025 Q1 2026: $168.4M Q1 2026 Q2 2026: $194.5M Q2 2026

Holdings 141 stocks · $146.3M
AAPL Apple Inc. 7.79% 55,576 $11.4M Add +2.3%
SPY SS SPDR S&P 500 ETF Trust-US 6.79% 16,073 $9.9M Reduce -1.2%
NVDA Nvidia Corp. 5.07% 46,963 $7.4M Add +2.9%
MSFT Microsoft Corp. 4.94% 14,537 $7.2M Add +3.8%
LLY Eli Lilly & Co. 3.94% 7,394 $5.8M Add +3.8%
FBNC First Bancorp 2.20% 72,921 $3.2M No change
DUK Duke Energy Corp. 2.17% 26,923 $3.2M Add +0.2%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 2.03% 9,295 $3.0M Reduce -3.2%
IVV iShares Core S&P 500 ETF 1.92% 4,519 $2.8M Add +12.6%
COST Costco Wholesale Corp. 1.87% 2,762 $2.7M Add +9.5%
VEA Vanguard Ftse Developed ETF 1.75% 44,908 $2.6M Reduce -50.4%
SO The Southern Co. 1.62% 25,756 $2.4M Add +3.1%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 1.60% 50,696 $2.3M Reduce -82.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.44% 7,173 $2.1M Add +17.4%
META Meta Platforms Inc. Class A 1.41% 2,785 $2.1M Add +39.1%
PG The Procter & Gamble Co. 1.34% 12,263 $2.0M Add +9.3%
SPLV Invesco S&P 500 Low Volatili 1.20% 24,174 $1.8M Reduce -0.4%
AMZN Amazon.com Inc. 1.19% 7,915 $1.7M Add +12.3%
CSCO Cisco Systems Inc. 1.16% 24,534 $1.7M Add +0.6%
TSM Taiwan Semiconductor-SP ADR 1.09% 7,058 $1.6M Add +31.0%
CMG Chipotle Mexican Grill Inc. 1.05% 27,422 $1.5M Add +16.1%
AMP Ameriprise Financial Inc. 1.04% 2,859 $1.5M Add +16.5%
BX Blackstone Inc. 0.99% 9,715 $1.5M Add +19.6%
ABBV Abbvie Inc. 0.95% 7,484 $1.4M Reduce -1.0%
NFLX Netflix Inc. 0.94% 1,025 $1.4M Add +30.4%
IJR iShares Core S&P Small-Cap E 0.93% 12,484 $1.4M Add +11.6%
HD Home Depot Inc. 0.93% 3,707 $1.4M Reduce -4.7%
WMT Walmart Inc. 0.90% 13,435 $1.3M Reduce -3.8%
JPM JPMorgan Chase & Co. 0.89% 4,515 $1.3M Add +7.0%
MA Mastercard Inc. Class A 0.87% 2,276 $1.3M Add +20.8%
KO The Coca-Cola Co. 0.85% 17,527 $1.2M Reduce -4.3%
TFC Truist Financial Corp. 0.81% 27,426 $1.2M Add +13.2%
DVY iShares Select Dividend ETF 0.80% 8,847 $1.2M Reduce -5.8%
RY Royal Bank of Canada 0.79% 8,827 $1.2M Add +3.2%
TMUS T-Mobile US Inc. 0.77% 4,704 $1.1M Add +18.4%
VZ Verizon Communications Inc. 0.75% 25,253 $1.1M Reduce -0.2%
IWM iShares Russell 2000 ETF 0.72% 4,872 $1.1M Reduce -50.3%
XOM Exxon Mobil Corp. 0.72% 9,724 $1.0M Reduce -6.3%
USMV iShares MSCI USA Min Vol Fac 0.70% 10,864 $1.0M Add +15.5%
JNJ Johnson & Johnson 0.67% 6,445 $984K Reduce -12.8%
MDY State Street SPDR S&P Midcap 0.62% 1,601 $907K Reduce -4.2%
AVGO Broadcom Inc. 0.61% 3,239 $893K Add +8.2%
PWR Quanta Services Inc. 0.60% 2,320 $877K Add +34.1%
BRK.B Berkshire Hathaway Inc. Class B 0.59% 1,789 $869K Reduce -4.0%
GOOG Alphabet Inc. Class C 0.56% 4,590 $814K Add +13.6%
MCD McDonald's Corp. 0.55% 2,746 $802K Reduce -4.3%
QQQ Invesco QQQ Trust Series 1 0.54% 1,429 $788K Reduce -0.6%
WFC Wells Fargo & Co. 0.52% 9,534 $764K Add +0.5%
MRK Merck & Co. Inc. 0.52% 9,558 $757K Reduce -0.3%
IWR iShares Russell Mid-Cap ETF 0.52% 8,225 $756K New
MCK McKesson Corp. 0.51% 1,026 $752K Reduce -7.3%
TOL Toll Brothers Inc. 0.51% 6,580 $751K Add +26.9%
GPC Genuine Parts Co. 0.51% 6,181 $750K Add +0.2%
BMY Bristol-Myers Squibb Co. 0.51% 16,051 $743K Reduce -10.3%
UNP Union Pacific Corp. 0.50% 3,191 $734K Reduce -4.0%
FCNCA First Citizens Bcshs Class A 0.50% 371 $726K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.49% 2,536 $710K No change
MDLZ Mondelez International Inc. Class A 0.47% 10,198 $688K Add +4.3%
KMI Kinder Morgan Inc. 0.44% 22,143 $651K No change
T AT&T Inc. 0.44% 22,352 $647K Add +0.0%
UL Unilever PLC 0.44% 10,517 $643K Reduce -2.0%
XLF SS Financial Select Sector 0.43% 12,000 $628K No change
HON Honeywell International Inc. 0.43% 2,675 $623K Reduce -7.2%
PEP Pepsico Inc. 0.40% 4,472 $590K Add +7.7%
PSX Phillips 66 0.39% 4,760 $568K Add +37.8%
IVW iShares S&P 500 Growth ETF 0.38% 5,050 $556K Add +25.8%
MMM 3M Co. 0.38% 3,632 $553K Reduce -2.6%
ENB Enbridge Inc. 0.36% 11,729 $532K Reduce -8.2%
ADP Automatic Data Processing 0.36% 1,703 $525K Reduce -1.6%
AMGN Amgen Inc. 0.36% 1,866 $521K Add +19.4%
TT Trane Technologies PLC 0.35% 1,172 $513K New
CVX Chevron Corp. 0.35% 3,549 $508K Add +33.8%
IJH iShares Core S&P Midcap ETF 0.35% 8,171 $507K Reduce -86.0%
PFE Pfizer Inc. 0.34% 20,589 $499K Reduce -7.2%
MET Metlife Inc. 0.34% 6,148 $494K Add +4.9%
J Jacobs Solutions Inc. 0.33% 3,688 $485K Add +21.3%
AXP American Express Co. 0.33% 1,517 $484K Add +60.9%
GOOGL Alphabet Inc. Class A 0.33% 2,705 $477K No change
WM Waste Management Inc. 0.32% 2,043 $467K Add +6.0%
ACN Accenture PLC Class A 0.31% 1,524 $456K Reduce -23.4%
C Citigroup Inc. 0.30% 5,223 $445K Add +8.9%
IWP iShares Russell Mid-Cap Grow 0.30% 3,195 $443K No change
IWD iShares Russell 1000 Value E 0.30% 2,229 $433K New
AMD Advanced Micro Devices 0.29% 3,037 $431K Add +3.4%
ABT Abbott Laboratories 0.28% 3,045 $414K Add +6.2%
DD Dupont DE Nemours Inc. 0.28% 5,931 $407K Add +23.8%
XLK SS Technology Select Sector 0.28% 1,597 $404K No change
ORCL Oracle Corp. 0.27% 1,841 $402K New
EEMV iShares MSCI Emg MKT Min Vol 0.27% 6,281 $394K Reduce -36.6%
LULU Lululemon Athletica Inc. 0.27% 1,649 $392K Add +30.4%
NXPI NXP Semiconductors NV 0.26% 1,749 $382K Add +14.2%
VTIP Vanguard Short-Term Tips 0.26% 7,456 $375K Reduce -75.8%
SHEL Shell PLC-ADR 0.25% 5,282 $372K New
CAT Caterpillar Inc. 0.25% 955 $371K Add +8.2%
KMB Kimberly-Clark Corp. 0.25% 2,834 $365K Add +1.8%
LMT Lockheed Martin Corp. 0.25% 784 $363K Reduce -10.7%
VLO Valero Energy Corp. 0.25% 2,685 $361K Reduce -2.9%
TSCO Tractor Supply Company 0.24% 6,700 $354K No change
PRU Prudential Financial Inc. 0.24% 3,273 $352K Reduce -12.7%
IVE iShares S&P 500 Value ETF 0.24% 1,759 $344K No change
MAR Marriott International Class A 0.23% 1,247 $341K Reduce -13.2%
TGT Target Corp. 0.23% 3,376 $333K Reduce -0.7%
AFL Aflac Inc. 0.23% 3,146 $332K Reduce -12.4%
ZTS Zoetis Inc. 0.22% 2,112 $329K Add +46.5%
MS Morgan Stanley 0.22% 2,274 $320K No change
ET Energy Transfer LP 0.22% 17,547 $318K No change
VTI VG Morningstar TS MKT ETF-US 0.21% 1,022 $311K Reduce -92.0%
FIS Fidelity National Info Serv 0.21% 3,768 $307K New
ADM Archer-Daniels-Midland Co. 0.21% 5,744 $303K Reduce -0.5%
DE Deere & Co. 0.20% 587 $298K Reduce -12.1%
NSC Norfolk Southern Corp. 0.20% 1,151 $295K No change
DKS Dick's Sporting Goods Inc. 0.19% 1,416 $280K New
INTC Intel Corp. 0.19% 12,453 $279K Add +1.6%
EPD Enterprise Products Partners 0.19% 8,955 $278K No change
KR Kroger Co. 0.19% 3,872 $278K New
LOW Lowe's Cos Inc. 0.19% 1,238 $275K Add +11.2%
MTB M & T Bank Corp. filed as M & T BK CORP 0.19% 1,418 $275K No change
CSX CSX Corp. 0.19% 8,351 $272K New
GEHC GE Healthcare Technology 0.19% 3,661 $271K New
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.18% 4,872 $269K No change
NOC Northrop Grumman Corp. 0.18% 525 $262K No change
WY Weyerhaeuser Co. 0.18% 10,214 $262K Add +2.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.17% 5,279 $250K New
AB Alliancebernstein Holding LP 0.17% 6,035 $246K No change
V Visa Inc. Class A 0.16% 679 $241K New
VNQ Vanguard Real Estate ETF 0.16% 2,645 $236K No change
SNY Sanofi-ADR 0.16% 4,784 $231K Reduce -1.1%
D Dominion Energy Inc. 0.15% 3,990 $226K Reduce -5.1%
KHC The Kraft Heinz Co. 0.15% 8,733 $225K Reduce -1.2%
SYY Sysco Corp. 0.15% 2,970 $225K Reduce -22.7%
EA Electronic Arts Inc. 0.15% 1,390 $222K Reduce -9.7%
VRP Invesco Variable Rate Prefer 0.15% 9,087 $222K No change
MRVL Marvell Technology Inc. 0.15% 2,869 $222K Reduce -14.6%
NEE Nextera Energy Inc. 0.15% 3,162 $220K No change
CMI Cummins Inc. 0.15% 668 $219K Reduce -7.0%
PBA Pembina Pipeline Corp. 0.15% 5,790 $217K No change
TXN Texas Instruments Inc. 0.15% 1,039 $216K New
ETN Eaton Corp. PLC 0.15% 603 $215K New
STX Seagate Technology Holdings 0.14% 1,430 $206K New
BLK BlackRock Inc. 0.14% 193 $203K Reduce -3.5%
GOLDMAN SACHS BANK USA (GS 4.25 12/10/25) 0.11% 160,000 $160K No change

Portfolio Sells Q1 2025 → Q2 2025
IUSB Ishr CR Unvrse Usd BD ETF-Ui Reduce -82.2% 1.60% −6.60
VTI VG Morningstar TS MKT ETF-US Reduce -92.0% 0.21% −2.14
IJH iShares Core S&P Midcap ETF Reduce -86.0% 0.35% −1.96
VEU Vanguard Ftse All-World Ex-U Sold out 0.00% −1.03
VEA Vanguard Ftse Developed ETF Reduce -50.4% 1.75% −1.01
VTIP Vanguard Short-Term Tips Reduce -75.8% 0.26% −0.69
IWM iShares Russell 2000 ETF Reduce -50.3% 0.72% −0.66
PFF iShares Preferred & Income S Sold out 0.00% −0.52
AGG iShares Core U.S. Aggregate Sold out 0.00% −0.17
MDT Medtronic PLC Sold out 0.00% −0.15
EMR Emerson Electric Co. Sold out 0.00% −0.14
BMY Bristol-Myers Squibb Co. Reduce -10.3% 0.51% −0.14
ACN Accenture PLC Class A Reduce -23.4% 0.31% −0.13
DIS The Walt Disney Co. Sold out 0.00% −0.13
NUE Nucor Corp. Sold out 0.00% −0.13
AVB Avalonbay Communities Inc. Sold out 0.00% −0.13
EEMV iShares MSCI Emg MKT Min Vol Reduce -36.6% 0.27% −0.10
MRK Merck & Co. Inc. Reduce -0.3% 0.52% −0.09
MRVL Marvell Technology Inc. Reduce -14.6% 0.15% −0.08
TGT Target Corp. Reduce -0.7% 0.23% −0.07
NC HSG FIN AGY-37B (NC NCSHSG 2.25 01/01/2025) Sold out 0.00% −0.04
PRU Prudential Financial Inc. Reduce -12.7% 0.24% −0.04
HD Home Depot Inc. Reduce -4.7% 0.93% −0.03
PFE Pfizer Inc. Reduce -7.2% 0.34% −0.03
SYY Sysco Corp. Reduce -22.7% 0.15% −0.03
LMT Lockheed Martin Corp. Reduce -10.7% 0.25% −0.02
MAR Marriott International Class A Reduce -13.2% 0.23% −0.02
KHC The Kraft Heinz Co. Reduce -1.2% 0.15% −0.02
AFL Aflac Inc. Reduce -12.4% 0.23% −0.01
CMI Cummins Inc. Reduce -7.0% 0.15% −0.01
JNJ Johnson & Johnson Reduce -12.8% 0.67% −0.01
XOM Exxon Mobil Corp. Reduce -6.3% 0.72% +0.01
BLK BlackRock Inc. Reduce -3.5% 0.14% +0.01
EA Electronic Arts Inc. Reduce -9.7% 0.15% +0.01
SNY Sanofi-ADR Reduce -1.1% 0.16% +0.01
D Dominion Energy Inc. Reduce -5.1% 0.15% +0.01
HON Honeywell International Inc. Reduce -7.2% 0.43% +0.01
MDY State Street SPDR S&P Midcap Reduce -4.2% 0.62% +0.01
DVY iShares Select Dividend ETF Reduce -5.8% 0.80% +0.02
ENB Enbridge Inc. Reduce -8.2% 0.36% +0.02
MCD McDonald's Corp. Reduce -4.3% 0.55% +0.02
UNP Union Pacific Corp. Reduce -4.0% 0.50% +0.02
ADM Archer-Daniels-Midland Co. Reduce -0.5% 0.21% +0.02
DE Deere & Co. Reduce -12.1% 0.20% +0.02
VLO Valero Energy Corp. Reduce -2.9% 0.25% +0.03
ADP Automatic Data Processing Reduce -1.6% 0.36% +0.04
UL Unilever PLC Reduce -2.0% 0.44% +0.05
BRK.B Berkshire Hathaway Inc. Class B Reduce -4.0% 0.59% +0.06
QQQ Invesco QQQ Trust Series 1 Reduce -0.6% 0.54% +0.07
MMM 3M Co. Reduce -2.6% 0.38% +0.07

Portfolio Buys Q1 2025 → Q2 2025
MSFT Microsoft Corp. Add +3.8% 4.94% +1.19
NVDA Nvidia Corp. Add +2.9% 5.07% +1.17
META Meta Platforms Inc. Class A Add +39.1% 1.41% +0.66
IBM Intl Business Machines Corp. Add +17.4% 1.44% +0.59
IWR iShares Russell Mid-Cap ETF New 0.52% +0.52
NFLX Netflix Inc. Add +30.4% 0.94% +0.49
LLY Eli Lilly & Co. Add +3.8% 3.94% +0.44
TSM Taiwan Semiconductor-SP ADR Add +31.0% 1.09% +0.42
IVV iShares Core S&P 500 ETF Add +12.6% 1.92% +0.41
COST Costco Wholesale Corp. Add +9.5% 1.87% +0.40
TT Trane Technologies PLC New 0.35% +0.35
DUK Duke Energy Corp. Add +0.2% 2.17% +0.33
SO The Southern Co. Add +3.1% 1.62% +0.31
IWD iShares Russell 1000 Value E New 0.30% +0.30
ORCL Oracle Corp. New 0.27% +0.27
SHEL Shell PLC-ADR New 0.25% +0.25
JPM JPMorgan Chase & Co. Add +7.0% 0.89% +0.25
PWR Quanta Services Inc. Add +34.1% 0.60% +0.25
CSCO Cisco Systems Inc. Add +0.6% 1.16% +0.25
MA Mastercard Inc. Class A Add +20.8% 0.87% +0.24
AMP Ameriprise Financial Inc. Add +16.5% 1.04% +0.21
FIS Fidelity National Info Serv New 0.21% +0.21
TMUS T-Mobile US Inc. Add +18.4% 0.77% +0.21
AMZN Amazon.com Inc. Add +12.3% 1.19% +0.20
DKS Dick's Sporting Goods Inc. New 0.19% +0.19
KR Kroger Co. New 0.19% +0.19
CSX CSX Corp. New 0.19% +0.19
GEHC GE Healthcare Technology New 0.19% +0.19
BAC Bank of America Corp. New 0.17% +0.17
AVGO Broadcom Inc. Add +8.2% 0.61% +0.17
USMV iShares MSCI USA Min Vol Fac Add +15.5% 0.70% +0.17
V Visa Inc. Class A New 0.16% +0.16
AXP American Express Co. Add +60.9% 0.33% +0.15
TXN Texas Instruments Inc. New 0.15% +0.15
ETN Eaton Corp. PLC New 0.15% +0.15
CMG Chipotle Mexican Grill Inc. Add +16.1% 1.05% +0.15
STX Seagate Technology Holdings New 0.14% +0.14
PG The Procter & Gamble Co. Add +9.3% 1.34% +0.14
PSX Phillips 66 Add +37.8% 0.39% +0.14
RY Royal Bank of Canada Add +3.2% 0.79% +0.14
TFC Truist Financial Corp. Add +13.2% 0.81% +0.14
IVW iShares S&P 500 Growth ETF Add +25.8% 0.38% +0.12
T AT&T Inc. Add +0.0% 0.44% +0.12
IJR iShares Core S&P Small-Cap E Add +11.6% 0.93% +0.11
CVX Chevron Corp. Add +33.8% 0.35% +0.10
BX Blackstone Inc. Add +19.6% 0.99% +0.10
MDLZ Mondelez International Inc. Class A Add +4.3% 0.47% +0.10
TOL Toll Brothers Inc. Add +26.9% 0.51% +0.10
WFC Wells Fargo & Co. Add +0.5% 0.52% +0.10
AMGN Amgen Inc. Add +19.4% 0.36% +0.10

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 151$194.5MAAPL, SPY, NVDA, LLY, MSFT
Q1 2026 150$168.4MAAPL, SPY, NVDA, LLY, MSFT
Q4 2025 146$169.1MAAPL, SPY, NVDA, LLY, MSFT
Q3 2025 147$164.2MAAPL, SPY, NVDA, MSFT, LLY
Q2 2025 141$146.3MAAPL, SPY, NVDA, MSFT, LLY
Q1 2025 135$157.2MAAPL, IUSB, SPY, NVDA, MSFT
Q4 2024 135$157.2MAAPL, IUSB, SPY, NVDA, MSFT
Q3 2024 133$123.0MAAPL, SPY, LLY, MSFT, NVDA
Q2 2024 129$115.8MAAPL, LLY, SPY, NVDA, MSFT
Q1 2024 132$118.3MISTB, AAPL, SPY, LLY, MSFT