Old North State Trust, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 20, 2025), Old North State Trust, LLC reported 147 stock positions worth $164.2 million. Its top holding was Apple (AAPL) at 8.7% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 6.7%) and Nvidia (NVDA, 5.4%). Compared with Q2 2025, it opened 10 new positions, sold out of 4, added to 66 and reduced 47. The biggest buy was a new position in Arista Networks (ANET) and the biggest sale an exit from iShares Russell Mid-Cap ETF (IWR).

Most Recent 13F
Q2 2026
Location
GREENSBORO, NC
CIK
0001760444
Portfolio Value
$164.2M (Q3 2025)
SEC Filing
0001760444-25-000006 ↗ filed Nov 20, 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 Q2 2025 Q3 2025: $164.2M $164.2M Q3 2025 Q4 2025: $169.1M Q4 2025 Q1 2026: $168.4M Q1 2026 Q2 2026: $194.5M Q2 2026

Holdings 147 stocks · $164.2M
AAPL Apple Inc. 8.67% 55,925 $14.2M Add +0.6%
SPY SS SPDR S&P 500 ETF Trust-US 6.72% 16,553 $11.0M Add +3.0%
NVDA Nvidia Corp. 5.36% 47,146 $8.8M Add +0.4%
MSFT Microsoft Corp. 4.57% 14,474 $7.5M Reduce -0.4%
LLY Eli Lilly & Co. 3.43% 7,387 $5.6M Reduce -0.1%
FBNC First Bancorp 2.35% 72,921 $3.9M No change
DUK Duke Energy Corp. 2.01% 26,729 $3.3M Reduce -0.7%
IVV iShares Core S&P 500 ETF 1.84% 4,518 $3.0M Reduce -0.0%
COST Costco Wholesale Corp. 1.75% 3,099 $2.9M Add +12.2%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 1.73% 9,190 $2.8M Reduce -1.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.69% 9,821 $2.8M Add +36.9%
VEA Vanguard Ftse Developed ETF 1.66% 45,519 $2.7M Add +1.4%
SO The Southern Co. 1.59% 27,569 $2.6M Add +7.0%
META Meta Platforms Inc. Class A 1.37% 3,074 $2.3M Add +10.4%
TSM Taiwan Semiconductor-SP ADR 1.33% 7,806 $2.2M Add +10.6%
VZ Verizon Communications Inc. 1.24% 46,192 $2.0M Add +82.9%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 1.19% 41,793 $2.0M Reduce -17.6%
PG The Procter & Gamble Co. 1.18% 12,602 $1.9M Add +2.8%
AMZN Amazon.com Inc. 1.09% 8,133 $1.8M Add +2.8%
SPLV Invesco S&P 500 Low Volatili 1.08% 24,155 $1.8M Reduce -0.1%
JPM JPMorgan Chase & Co. 1.07% 5,581 $1.8M Add +23.6%
ABBV Abbvie Inc. 1.07% 7,560 $1.8M Add +1.0%
XOM Exxon Mobil Corp. 1.06% 15,489 $1.7M Add +59.3%
BX Blackstone Inc. 1.06% 10,169 $1.7M Add +4.7%
CSCO Cisco Systems Inc. 1.03% 24,726 $1.7M Add +0.8%
ANET Arista Networks Inc. 0.95% 10,743 $1.6M New
HD Home Depot Inc. 0.91% 3,707 $1.5M No change
AMP Ameriprise Financial Inc. 0.91% 3,041 $1.5M Add +6.4%
IJR iShares Core S&P Small-Cap E 0.90% 12,428 $1.5M Reduce -0.5%
MA Mastercard Inc. Class A 0.87% 2,502 $1.4M Add +9.9%
WMT Walmart Inc. 0.86% 13,624 $1.4M Add +1.4%
NFLX Netflix Inc. 0.82% 1,120 $1.3M Add +9.3%
RY Royal Bank of Canada 0.79% 8,815 $1.3M Reduce -0.1%
IWM iShares Russell 2000 ETF 0.77% 5,240 $1.3M Add +7.5%
DVY iShares Select Dividend ETF 0.77% 8,847 $1.3M No change
TMUS T-Mobile US Inc. 0.73% 5,011 $1.2M Add +6.5%
JNJ Johnson & Johnson 0.71% 6,332 $1.2M Reduce -1.8%
KO The Coca-Cola Co. 0.70% 17,433 $1.2M Reduce -0.5%
AVGO Broadcom Inc. 0.69% 3,420 $1.1M Add +5.6%
GOOG Alphabet Inc. Class C 0.68% 4,556 $1.1M Reduce -0.7%
CMG Chipotle Mexican Grill Inc. 0.67% 27,973 $1.1M Add +2.0%
PWR Quanta Services Inc. 0.65% 2,564 $1.1M Add +10.5%
BRK.B Berkshire Hathaway Inc. Class B 0.61% 2,006 $1.0M Add +12.1%
MDY State Street SPDR S&P Midcap 0.60% 1,652 $985K Add +3.2%
TFC Truist Financial Corp. 0.59% 21,204 $969K Reduce -22.7%
TOL Toll Brothers Inc. 0.59% 6,988 $965K Add +6.2%
USMV iShares MSCI USA Min Vol Fac 0.54% 9,334 $888K Reduce -14.1%
QQQ Invesco QQQ Trust Series 1 0.54% 1,471 $883K Add +2.9%
GPC Genuine Parts Co. 0.52% 6,204 $860K Add +0.4%
MCD McDonald's Corp. 0.50% 2,698 $820K Reduce -1.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.49% 2,760 $811K Add +8.8%
MCK McKesson Corp. 0.48% 1,015 $784K Reduce -1.1%
WFC Wells Fargo & Co. 0.46% 8,949 $750K Reduce -6.1%
MRK Merck & Co. Inc. 0.46% 8,922 $749K Reduce -6.7%
GOOGL Alphabet Inc. Class A 0.44% 3,002 $730K Add +11.0%
BMY Bristol-Myers Squibb Co. 0.44% 16,032 $723K Reduce -0.1%
PSX Phillips 66 0.42% 5,112 $695K Add +7.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.41% 12,998 $671K Add +146.2%
XLF SS Financial Select Sector 0.39% 12,000 $646K No change
IVW iShares S&P 500 Growth ETF 0.39% 5,268 $636K Add +4.3%
MDLZ Mondelez International Inc. Class A 0.39% 10,150 $634K Reduce -0.5%
FCNCA First Citizens Bcshs Class A 0.38% 353 $632K Reduce -4.8%
ORCL Oracle Corp. 0.38% 2,246 $632K Add +22.0%
T AT&T Inc. 0.38% 22,334 $631K Reduce -0.1%
UL Unilever PLC 0.38% 10,596 $628K Add +0.8%
KMI Kinder Morgan Inc. 0.38% 22,143 $627K No change
INTC Intel Corp. 0.38% 18,453 $619K Add +48.2%
IJH iShares Core S&P Midcap ETF 0.38% 9,468 $618K Add +15.9%
J Jacobs Solutions Inc. 0.37% 4,066 $609K Add +10.3%
PEP Pepsico Inc. 0.37% 4,290 $602K Reduce -4.1%
AMGN Amgen Inc. 0.36% 2,112 $596K Add +13.2%
TT Trane Technologies PLC 0.36% 1,410 $595K Add +20.3%
AXP American Express Co. 0.36% 1,768 $587K Add +16.6%
IWF iShares Russell 1000 Growth 0.36% 1,250 $586K New
ENB Enbridge Inc. 0.34% 11,183 $564K Reduce -4.7%
MMM 3M Co. 0.34% 3,632 $564K No change
CSX CSX Corp. 0.34% 15,614 $554K Add +87.0%
CVX Chevron Corp. 0.33% 3,531 $548K Reduce -0.5%
C Citigroup Inc. 0.33% 5,335 $542K Add +2.1%
HON Honeywell International Inc. 0.33% 2,540 $535K Reduce -5.0%
PFE Pfizer Inc. 0.31% 20,054 $511K Reduce -2.6%
UNP Union Pacific Corp. 0.31% 2,122 $502K Reduce -33.5%
DD Dupont DE Nemours Inc. 0.30% 6,326 $493K Add +6.7%
AMD Advanced Micro Devices 0.30% 3,037 $491K No change
MET Metlife Inc. 0.30% 5,893 $485K Reduce -4.2%
ADP Automatic Data Processing 0.29% 1,639 $481K Reduce -3.8%
CAT Caterpillar Inc. 0.28% 971 $463K Add +1.7%
IWP iShares Russell Mid-Cap Grow 0.28% 3,195 $455K No change
WM Waste Management Inc. 0.28% 2,060 $455K Add +0.8%
XLK SS Technology Select Sector 0.27% 1,597 $450K No change
SHEL Shell PLC-ADR 0.27% 6,263 $448K Add +18.6%
VLO Valero Energy Corp. 0.27% 2,580 $439K Reduce -3.9%
MRVL Marvell Technology Inc. 0.26% 5,001 $420K Add +74.3%
ZTS Zoetis Inc. 0.26% 2,867 $419K Add +35.8%
ABT Abbott Laboratories 0.25% 3,090 $414K Add +1.5%
TXN Texas Instruments Inc. 0.24% 2,188 $402K Add +110.6%
EEMV iShares MSCI Emg MKT Min Vol 0.24% 6,227 $397K Reduce -0.9%
LMT Lockheed Martin Corp. 0.24% 796 $397K Add +1.5%
DKS Dick's Sporting Goods Inc. 0.24% 1,740 $387K Add +22.9%
LOW Lowe's Cos Inc. 0.23% 1,531 $385K Add +23.7%
TSCO Tractor Supply Company 0.23% 6,700 $381K No change
IVE iShares S&P 500 Value ETF 0.22% 1,784 $368K Add +1.4%
VTIP Vanguard Short-Term Tips 0.22% 7,277 $368K Reduce -2.4%
MS Morgan Stanley 0.22% 2,274 $361K No change
AFL Aflac Inc. 0.22% 3,210 $359K Add +2.0%
KR Kroger Co. 0.21% 5,186 $350K Add +33.9%
NSC Norfolk Southern Corp. 0.21% 1,151 $346K No change
ADM Archer-Daniels-Midland Co. 0.21% 5,744 $343K No change
STX Seagate Technology Holdings 0.21% 1,430 $338K No change
KMB Kimberly-Clark Corp. 0.20% 2,579 $321K Reduce -9.0%
VNQ Vanguard Real Estate ETF 0.20% 3,510 $321K Add +32.7%
FIS Fidelity National Info Serv 0.19% 4,839 $319K Add +28.4%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.19% 4,872 $315K No change
MFC Manulife Financial Corp. 0.19% 10,000 $312K New
PRU Prudential Financial Inc. 0.19% 2,943 $305K Reduce -10.1%
NOC Northrop Grumman Corp. 0.18% 491 $299K Reduce -6.5%
MAR Marriott International Class A 0.18% 1,141 $297K Reduce -8.5%
ET Energy Transfer LP 0.18% 16,972 $291K Reduce -3.3%
VTI VG Morningstar TS MKT ETF-US 0.18% 884 $290K Reduce -13.5%
CMI Cummins Inc. 0.17% 668 $282K No change
EPD Enterprise Products Partners 0.17% 8,955 $280K No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.17% 1,418 $280K No change
TGT Target Corp. 0.17% 3,083 $277K Reduce -8.7%
DE Deere & Co. 0.16% 588 $269K Add +0.2%
NXPI NXP Semiconductors NV 0.16% 1,173 $267K Reduce -32.9%
EA Electronic Arts Inc. 0.16% 1,294 $261K Reduce -6.9%
IWD iShares Russell 1000 Value E 0.16% 1,266 $258K Reduce -43.2%
KIM Kimco Realty Corp. 0.16% 11,774 $257K New
WY Weyerhaeuser Co. 0.15% 9,989 $248K Reduce -2.2%
PGR Progressive Corp. 0.15% 1,000 $247K New
SYY Sysco Corp. 0.15% 2,970 $245K No change
NEE Nextera Energy Inc. 0.15% 3,162 $239K No change
BLK BlackRock Inc. 0.14% 204 $238K Add +5.7%
V Visa Inc. Class A 0.14% 694 $237K Add +2.2%
D Dominion Energy Inc. 0.14% 3,844 $235K Reduce -3.7%
ACN Accenture PLC Class A 0.14% 951 $235K Reduce -37.6%
PBA Pembina Pipeline Corp. 0.14% 5,790 $234K No change
DGX Quest Diagnostics Inc. 0.14% 1,224 $233K New
AB Alliancebernstein Holding LP 0.14% 6,035 $231K No change
SNY Sanofi-ADR 0.14% 4,855 $229K Add +1.5%
KHC The Kraft Heinz Co. 0.14% 8,695 $226K Reduce -0.4%
ETN Eaton Corp. PLC 0.14% 603 $226K No change
VRP Invesco Variable Rate Prefer 0.14% 9,087 $224K No change
RTX RTX Corp. 0.13% 1,295 $217K New
MO Altria Group Inc. 0.13% 3,277 $216K New
PFF iShares Preferred & Income S 0.12% 6,357 $201K New
AMCR Amcor PLC 0.10% 21,000 $172K New

Portfolio Sells Q2 2025 → Q3 2025
IWR iShares Russell Mid-Cap ETF Sold out 0.00% −0.52
LLY Eli Lilly & Co. Reduce -0.1% 3.43% −0.51
IUSB Ishr CR Unvrse Usd BD ETF-Ui Reduce -17.6% 1.19% −0.41
MSFT Microsoft Corp. Reduce -0.4% 4.57% −0.38
AJG Arthur J Gallagher & Co. Reduce -1.1% 1.73% −0.30
LULU Lululemon Athletica Inc. Sold out 0.00% −0.27
TFC Truist Financial Corp. Reduce -22.7% 0.59% −0.22
UNP Union Pacific Corp. Reduce -33.5% 0.31% −0.20
GEHC GE Healthcare Technology Sold out 0.00% −0.19
ACN Accenture PLC Class A Reduce -37.6% 0.14% −0.17
DUK Duke Energy Corp. Reduce -0.7% 2.01% −0.16
USMV iShares MSCI USA Min Vol Fac Reduce -14.1% 0.54% −0.16
KO The Coca-Cola Co. Reduce -0.5% 0.70% −0.14
IWD iShares Russell 1000 Value E Reduce -43.2% 0.16% −0.14
SPLV Invesco S&P 500 Low Volatili Reduce -0.1% 1.08% −0.12
FCNCA First Citizens Bcshs Class A Reduce -4.8% 0.38% −0.11
GOLDMAN SACHS BANK USA (GS 4.25 12/10/25) Sold out 0.00% −0.11
HON Honeywell International Inc. Reduce -5.0% 0.33% −0.10
NXPI NXP Semiconductors NV Reduce -32.9% 0.16% −0.10
MDLZ Mondelez International Inc. Class A Reduce -0.5% 0.39% −0.08
IVV iShares Core S&P 500 ETF Reduce -0.0% 1.84% −0.08
BMY Bristol-Myers Squibb Co. Reduce -0.1% 0.44% −0.07
ADP Automatic Data Processing Reduce -3.8% 0.29% −0.07
WFC Wells Fargo & Co. Reduce -6.1% 0.46% −0.07
MRK Merck & Co. Inc. Reduce -6.7% 0.46% −0.06
TGT Target Corp. Reduce -8.7% 0.17% −0.06
T AT&T Inc. Reduce -0.1% 0.38% −0.06
PRU Prudential Financial Inc. Reduce -10.1% 0.19% −0.05
KMB Kimberly-Clark Corp. Reduce -9.0% 0.20% −0.05
MAR Marriott International Class A Reduce -8.5% 0.18% −0.05
MCD McDonald's Corp. Reduce -1.8% 0.50% −0.05
MET Metlife Inc. Reduce -4.2% 0.30% −0.04
ET Energy Transfer LP Reduce -3.3% 0.18% −0.04
PEP Pepsico Inc. Reduce -4.1% 0.37% −0.04
MCK McKesson Corp. Reduce -1.1% 0.48% −0.04
VTI VG Morningstar TS MKT ETF-US Reduce -13.5% 0.18% −0.04
IJR iShares Core S&P Small-Cap E Reduce -0.5% 0.90% −0.03
VTIP Vanguard Short-Term Tips Reduce -2.4% 0.22% −0.03
PFE Pfizer Inc. Reduce -2.6% 0.31% −0.03
WY Weyerhaeuser Co. Reduce -2.2% 0.15% −0.03
EEMV iShares MSCI Emg MKT Min Vol Reduce -0.9% 0.24% −0.03
ENB Enbridge Inc. Reduce -4.7% 0.34% −0.02
KHC The Kraft Heinz Co. Reduce -0.4% 0.14% −0.02
CVX Chevron Corp. Reduce -0.5% 0.33% −0.01
D Dominion Energy Inc. Reduce -3.7% 0.14% −0.01
RY Royal Bank of Canada Reduce -0.1% 0.79% −0.00
NOC Northrop Grumman Corp. Reduce -6.5% 0.18% +0.00
EA Electronic Arts Inc. Reduce -6.9% 0.16% +0.01
VLO Valero Energy Corp. Reduce -3.9% 0.27% +0.02
JNJ Johnson & Johnson Reduce -1.8% 0.71% +0.04

Portfolio Buys Q2 2025 → Q3 2025
ANET Arista Networks Inc. New 0.95% +0.95
AAPL Apple Inc. Add +0.6% 8.67% +0.88
VZ Verizon Communications Inc. Add +82.9% 1.24% +0.49
IWF iShares Russell 1000 Growth New 0.36% +0.36
XOM Exxon Mobil Corp. Add +59.3% 1.06% +0.35
NVDA Nvidia Corp. Add +0.4% 5.36% +0.29
IBM Intl Business Machines Corp. Add +36.9% 1.69% +0.24
BAC Bank of America Corp. Add +146.2% 0.41% +0.24
TSM Taiwan Semiconductor-SP ADR Add +10.6% 1.33% +0.23
MFC Manulife Financial Corp. New 0.19% +0.19
INTC Intel Corp. Add +48.2% 0.38% +0.19
JPM JPMorgan Chase & Co. Add +23.6% 1.07% +0.18
KIM Kimco Realty Corp. New 0.16% +0.16
CSX CSX Corp. Add +87.0% 0.34% +0.15
PGR Progressive Corp. New 0.15% +0.15
DGX Quest Diagnostics Inc. New 0.14% +0.14
RTX RTX Corp. New 0.13% +0.13
MO Altria Group Inc. New 0.13% +0.13
PFF iShares Preferred & Income S New 0.12% +0.12
GOOGL Alphabet Inc. Class A Add +11.0% 0.44% +0.12
ABBV Abbvie Inc. Add +1.0% 1.07% +0.12
ORCL Oracle Corp. Add +22.0% 0.38% +0.11
AMCR Amcor PLC New 0.10% +0.10
MRVL Marvell Technology Inc. Add +74.3% 0.26% +0.10
TXN Texas Instruments Inc. Add +110.6% 0.24% +0.10
AVGO Broadcom Inc. Add +5.6% 0.69% +0.08
TOL Toll Brothers Inc. Add +6.2% 0.59% +0.07
BX Blackstone Inc. Add +4.7% 1.06% +0.06
IWM iShares Russell 2000 ETF Add +7.5% 0.77% +0.05
PWR Quanta Services Inc. Add +10.5% 0.65% +0.05
LOW Lowe's Cos Inc. Add +23.7% 0.23% +0.05
DKS Dick's Sporting Goods Inc. Add +22.9% 0.24% +0.04
J Jacobs Solutions Inc. Add +10.3% 0.37% +0.04
PSX Phillips 66 Add +7.4% 0.42% +0.04
VNQ Vanguard Real Estate ETF Add +32.7% 0.20% +0.03
ZTS Zoetis Inc. Add +35.8% 0.26% +0.03
IJH iShares Core S&P Midcap ETF Add +15.9% 0.38% +0.03
CAT Caterpillar Inc. Add +1.7% 0.28% +0.03
AXP American Express Co. Add +16.6% 0.36% +0.03
C Citigroup Inc. Add +2.1% 0.33% +0.03
KR Kroger Co. Add +33.9% 0.21% +0.02
DD Dupont DE Nemours Inc. Add +6.7% 0.30% +0.02
BRK.B Berkshire Hathaway Inc. Class B Add +12.1% 0.61% +0.02
SHEL Shell PLC-ADR Add +18.6% 0.27% +0.02
TT Trane Technologies PLC Add +20.3% 0.36% +0.01
GPC Genuine Parts Co. Add +0.4% 0.52% +0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +8.8% 0.49% +0.01
IVW iShares S&P 500 Growth ETF Add +4.3% 0.39% +0.01
AMGN Amgen Inc. Add +13.2% 0.36% +0.01
BLK BlackRock Inc. Add +5.7% 0.14% +0.01

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