Old North State Trust, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed March 24, 2026), Old North State Trust, LLC reported 146 stock positions worth $169.1 million. Its top holding was Apple (AAPL) at 8.8% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 6.7%) and Nvidia (NVDA, 5.4%). Compared with Q3 2025, it opened 10 new positions, sold out of 11, added to 53 and reduced 57. The biggest buy was Eli Lilly (LLY, shares +0%) and the biggest sale an exit from First Bancorp (FBNC).

Most Recent 13F
Q2 2026
Location
GREENSBORO, NC
CIK
0001760444
Portfolio Value
$169.1M (Q4 2025)
SEC Filing
0001760444-26-000001 ↗ filed Mar 24, 2026

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 Q3 2025 Q4 2025: $169.1M $169.1M Q4 2025 Q1 2026: $168.4M Q1 2026 Q2 2026: $194.5M Q2 2026

Holdings 146 stocks · $169.1M
AAPL Apple Inc. 8.79% 54,689 $14.9M Reduce -2.2%
SPY SS SPDR S&P 500 ETF Trust-US 6.70% 16,621 $11.3M Add +0.4%
NVDA Nvidia Corp. 5.44% 49,301 $9.2M Add +4.6%
LLY Eli Lilly & Co. 4.71% 7,414 $8.0M Add +0.4%
MSFT Microsoft Corp. 3.97% 13,898 $6.7M Reduce -4.0%
IVV iShares Core S&P 500 ETF 2.19% 5,396 $3.7M Add +19.4%
DUK Duke Energy Corp. 2.13% 30,734 $3.6M Add +15.0%
COST Costco Wholesale Corp. 2.04% 4,007 $3.5M Add +29.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.73% 9,853 $2.9M Add +0.3%
TSM Taiwan Semiconductor-SP ADR 1.63% 9,085 $2.8M Add +16.4%
SO The Southern Co. 1.46% 28,348 $2.5M Add +2.8%
TFC Truist Financial Corp. 1.44% 49,483 $2.4M Add +133.4%
VEA Vanguard Ftse Developed ETF 1.41% 38,065 $2.4M Reduce -16.4%
META Meta Platforms Inc. Class A 1.36% 3,485 $2.3M Add +13.4%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 1.27% 8,319 $2.2M Reduce -9.5%
MA Mastercard Inc. Class A 1.26% 3,725 $2.1M Add +48.9%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 1.23% 44,522 $2.1M Add +6.5%
VZ Verizon Communications Inc. 1.13% 46,962 $1.9M Add +1.7%
ANET Arista Networks Inc. 1.11% 14,281 $1.9M Add +32.9%
CSCO Cisco Systems Inc. 1.10% 24,103 $1.9M Reduce -2.5%
PG The Procter & Gamble Co. 1.07% 12,616 $1.8M Add +0.1%
AMZN Amazon.com Inc. 1.06% 7,799 $1.8M Reduce -4.1%
JPM JPMorgan Chase & Co. 1.06% 5,578 $1.8M Reduce -0.1%
SPLV Invesco S&P 500 Low Volatili 1.02% 24,155 $1.7M No change
BX Blackstone Inc. 0.99% 10,890 $1.7M Add +7.1%
ABBV Abbvie Inc. 0.98% 7,269 $1.7M Reduce -3.9%
AMP Ameriprise Financial Inc. 0.95% 3,271 $1.6M Add +7.6%
XOM Exxon Mobil Corp. 0.93% 13,130 $1.6M Reduce -15.2%
RY Royal Bank of Canada 0.89% 8,845 $1.5M Add +0.3%
IJR iShares Core S&P Small-Cap E 0.85% 11,959 $1.4M Reduce -3.8%
GOOG Alphabet Inc. Class C 0.84% 4,514 $1.4M Reduce -0.9%
WMT Walmart Inc. 0.83% 12,646 $1.4M Reduce -7.2%
NFLX Netflix Inc. 0.78% 14,082 $1.3M Add +25.7%
IWM iShares Russell 2000 ETF 0.76% 5,240 $1.3M No change
JNJ Johnson & Johnson 0.72% 5,863 $1.2M Reduce -7.4%
PWR Quanta Services Inc. 0.72% 2,869 $1.2M Add +11.9%
HD Home Depot Inc. 0.71% 3,480 $1.2M Reduce -6.1%
KO The Coca-Cola Co. 0.70% 16,839 $1.2M Reduce -3.4%
DVY iShares Select Dividend ETF 0.69% 8,305 $1.2M Reduce -6.1%
AVGO Broadcom Inc. 0.68% 3,325 $1.2M Reduce -2.8%
AMD Advanced Micro Devices 0.67% 5,260 $1.1M Add +73.2%
TMUS T-Mobile US Inc. 0.66% 5,469 $1.1M Add +9.1%
DKS Dick's Sporting Goods Inc. 0.61% 5,179 $1.0M Add +197.6%
TOL Toll Brothers Inc. 0.59% 7,438 $1.0M Add +6.4%
MDY State Street SPDR S&P Midcap 0.59% 1,648 $994K Reduce -0.2%
RSP Invesco S&P 500 Equal Weight 0.56% 4,985 $955K New
QQQ Invesco QQQ Trust Series 1 0.56% 1,546 $950K Add +5.1%
LOW Lowe's Cos Inc. 0.55% 3,858 $930K Add +152.0%
BRK.B Berkshire Hathaway Inc. Class B 0.54% 1,829 $919K Reduce -8.8%
MRK Merck & Co. Inc. 0.54% 8,629 $908K Reduce -3.3%
AMGN Amgen Inc. 0.50% 2,568 $841K Add +21.6%
WFC Wells Fargo & Co. 0.49% 8,949 $834K No change
MCK McKesson Corp. 0.49% 1,004 $824K Reduce -1.1%
GOOGL Alphabet Inc. Class A 0.48% 2,610 $817K Reduce -13.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.48% 2,787 $809K Add +1.0%
MCD McDonald's Corp. 0.47% 2,580 $789K Reduce -4.4%
GPC Genuine Parts Co. 0.45% 6,230 $766K Add +0.4%
AXP American Express Co. 0.45% 2,050 $758K Add +15.9%
FCNCA First Citizens Bcshs Class A 0.44% 350 $751K Reduce -0.8%
PSX Phillips 66 0.43% 5,664 $731K Add +10.8%
BMY Bristol-Myers Squibb Co. 0.41% 12,866 $694K Reduce -19.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.40% 12,377 $681K Reduce -4.8%
INTC Intel Corp. 0.40% 18,258 $674K Reduce -1.1%
TT Trane Technologies PLC 0.39% 1,710 $666K Add +21.3%
XLF SS Financial Select Sector 0.39% 12,000 $657K No change
IVW iShares S&P 500 Growth ETF 0.38% 5,268 $649K No change
C Citigroup Inc. 0.37% 5,416 $632K Add +1.5%
DELL Dell Technologies -C 0.37% 5,005 $630K New
IJH iShares Core S&P Midcap ETF 0.37% 9,443 $623K Reduce -0.3%
UL Unilever PLC-Sponsored ADR 0.37% 9,498 $621K Add +0.9%
KMI Kinder Morgan Inc. 0.36% 22,143 $609K No change
J Jacobs Solutions Inc. 0.36% 4,591 $608K Add +12.9%
IWF iShares Russell 1000 Growth 0.35% 1,250 $592K No change
ORCL Oracle Corp. 0.34% 2,991 $583K Add +33.2%
CSX CSX Corp. 0.34% 16,030 $581K Add +2.7%
PEP Pepsico Inc. 0.34% 4,048 $581K Reduce -5.6%
SHEL Shell PLC-ADR 0.34% 7,857 $577K Add +25.4%
MMM 3M Co. 0.34% 3,604 $577K Reduce -0.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.32% 4,808 $547K New
MDLZ Mondelez International Inc. Class A 0.32% 10,150 $546K No change
CVX Chevron Corp. 0.31% 3,433 $523K Reduce -2.8%
CAT Caterpillar Inc. 0.30% 882 $505K Reduce -9.2%
ENB Enbridge Inc. 0.30% 10,503 $502K Reduce -6.1%
USMV iShares MSCI USA Min Vol Fac 0.29% 5,192 $489K Reduce -44.4%
MRVL Marvell Technology Inc. 0.29% 5,702 $485K Add +14.0%
UNP Union Pacific Corp. 0.28% 2,067 $478K Reduce -2.6%
MET Metlife Inc. 0.28% 5,893 $465K No change
XLK SS Technology Select Sector 0.27% 3,172 $457K Reduce -0.7%
T AT&T Inc. 0.27% 18,226 $453K Reduce -18.4%
FIS Fidelity National Info Serv 0.26% 6,714 $446K Add +38.8%
ADM Archer-Daniels-Midland Co. 0.26% 7,719 $444K Add +34.4%
IWP iShares Russell Mid-Cap Grow 0.26% 3,166 $434K Reduce -0.9%
VTIP Vanguard Short-Term Tips 0.26% 8,732 $432K Add +20.0%
ADP Automatic Data Processing 0.25% 1,615 $415K Reduce -1.5%
TXN Texas Instruments Inc. 0.24% 2,373 $412K Add +8.5%
VLO Valero Energy Corp. 0.24% 2,515 $409K Reduce -2.5%
KR Kroger Co. 0.24% 6,531 $408K Add +25.9%
WM Waste Management Inc. 0.24% 1,857 $408K Reduce -9.8%
MS Morgan Stanley 0.24% 2,274 $404K No change
HON Honeywell International Inc. 0.23% 2,012 $393K Reduce -20.8%
STX Seagate Technology Holdings 0.23% 1,413 $389K Reduce -1.2%
GEV GE Vernova Inc. 0.23% 587 $384K New
IVE iShares S&P 500 Value ETF 0.22% 1,784 $378K No change
PFE Pfizer Inc. 0.22% 14,730 $367K Reduce -26.6%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.21% 4,872 $359K No change
CMI Cummins Inc. 0.20% 668 $341K No change
PYLD PIMCO Multisector Bond Actv 0.20% 12,597 $336K New
TSCO Tractor Supply Company 0.20% 6,700 $335K No change
ABT Abbott Laboratories 0.20% 2,669 $334K Reduce -13.6%
KIM Kimco Realty Corp. 0.19% 16,161 $328K Add +37.3%
LMT Lockheed Martin Corp. 0.19% 669 $324K Reduce -15.9%
PRU Prudential Financial Inc. 0.19% 2,874 $324K Reduce -2.3%
VNQ Vanguard Real Estate ETF 0.18% 3,510 $311K No change
AFL Aflac Inc. 0.18% 2,812 $310K Reduce -12.4%
NXPI NXP Semiconductors NV 0.18% 1,418 $308K Add +20.9%
EPD Enterprise Products Partners 0.18% 9,340 $299K Add +4.3%
MAR Marriott International Class A 0.17% 931 $289K Reduce -18.4%
DD Dupont DE Nemours Inc. 0.17% 7,136 $287K Add +12.8%
MTB M & T Bank Corp. filed as M & T BK CORP 0.17% 1,418 $286K No change
NSC Norfolk Southern Corp. 0.17% 969 $280K Reduce -15.8%
BILZ PIMCO Ultra SHRT Govt Active 0.16% 2,697 $272K New
DGX Quest Diagnostics Inc. 0.16% 1,555 $270K Add +27.0%
DE Deere & Co. 0.16% 575 $268K Reduce -2.2%
PFF iShares Preferred & Income S 0.16% 8,614 $267K Add +35.5%
IWD iShares Russell 1000 Value E 0.16% 1,266 $266K No change
KMB Kimberly-Clark Corp. 0.15% 2,579 $260K No change
VTI VG Morningstar TS MKT ETF-US 0.15% 773 $259K Reduce -12.6%
BA The Boeing Co. 0.15% 1,189 $258K New
AZN Astrazeneca PLC-Spons ADR 0.15% 2,673 $246K New
NOC Northrop Grumman Corp. 0.15% 432 $246K Reduce -12.0%
SNY Sanofi-ADR 0.14% 5,010 $243K Add +3.2%
V Visa Inc. Class A 0.14% 694 $243K No change
AMAT Applied Materials Inc. 0.14% 932 $240K New
RTX RTX Corp. 0.14% 1,295 $238K No change
EA Electronic Arts Inc. 0.14% 1,162 $237K Reduce -10.2%
WY Weyerhaeuser Co. 0.14% 9,989 $237K No change
AB Alliancebernstein Holding LP 0.14% 6,035 $232K No change
PGR Progressive Corp. 0.13% 1,000 $228K No change
KHC The Kraft Heinz Co. 0.13% 9,303 $226K Add +7.0%
D Dominion Energy Inc. 0.13% 3,844 $225K No change
NEE Nextera Energy Inc. 0.13% 2,763 $222K Reduce -12.6%
PBA Pembina Pipeline Corp. 0.13% 5,790 $220K No change
SYY Sysco Corp. 0.13% 2,970 $219K No change
TGT Target Corp. 0.12% 2,065 $202K Reduce -33.0%
ET Energy Transfer LP 0.10% 10,240 $169K Reduce -39.7%
F Ford Motor Co. filed as FORD MTR CO 0.09% 11,757 $154K New

Portfolio Sells Q3 2025 → Q4 2025
FBNC First Bancorp Sold out 0.00% −2.35
CMG Chipotle Mexican Grill Inc. Sold out 0.00% −0.67
MSFT Microsoft Corp. Reduce -4.0% 3.97% −0.59
AJG Arthur J Gallagher & Co. Reduce -9.5% 1.27% −0.46
ZTS Zoetis Inc. Sold out 0.00% −0.26
VEA Vanguard Ftse Developed ETF Reduce -16.4% 1.41% −0.25
USMV iShares MSCI USA Min Vol Fac Reduce -44.4% 0.29% −0.25
EEMV iShares MSCI Emg MKT Min Vol Sold out 0.00% −0.24
HD Home Depot Inc. Reduce -6.1% 0.71% −0.21
MFC Manulife Financial Corp. Sold out 0.00% −0.19
BLK BlackRock Inc. Sold out 0.00% −0.14
ACN Accenture PLC Class A Sold out 0.00% −0.14
ETN Eaton Corp. PLC Sold out 0.00% −0.14
VRP Invesco Variable Rate Prefer Sold out 0.00% −0.14
MO Altria Group Inc. Sold out 0.00% −0.13
XOM Exxon Mobil Corp. Reduce -15.2% 0.93% −0.13
T AT&T Inc. Reduce -18.4% 0.27% −0.12
AMCR Amcor PLC Sold out 0.00% −0.10
PFE Pfizer Inc. Reduce -26.6% 0.22% −0.09
HON Honeywell International Inc. Reduce -20.8% 0.23% −0.09
ABBV Abbvie Inc. Reduce -3.9% 0.98% −0.08
ET Energy Transfer LP Reduce -39.7% 0.10% −0.08
DVY iShares Select Dividend ETF Reduce -6.1% 0.69% −0.07
BRK.B Berkshire Hathaway Inc. Class B Reduce -8.8% 0.54% −0.07
ABT Abbott Laboratories Reduce -13.6% 0.20% −0.05
LMT Lockheed Martin Corp. Reduce -15.9% 0.19% −0.05
IJR iShares Core S&P Small-Cap E Reduce -3.8% 0.85% −0.05
TGT Target Corp. Reduce -33.0% 0.12% −0.05
ADP Automatic Data Processing Reduce -1.5% 0.25% −0.05
ENB Enbridge Inc. Reduce -6.1% 0.30% −0.05
NSC Norfolk Southern Corp. Reduce -15.8% 0.17% −0.05
NOC Northrop Grumman Corp. Reduce -12.0% 0.15% −0.04
WM Waste Management Inc. Reduce -9.8% 0.24% −0.04
AFL Aflac Inc. Reduce -12.4% 0.18% −0.04
MCD McDonald's Corp. Reduce -4.4% 0.47% −0.03
BMY Bristol-Myers Squibb Co. Reduce -19.8% 0.41% −0.03
VLO Valero Energy Corp. Reduce -2.5% 0.24% −0.03
CVX Chevron Corp. Reduce -2.8% 0.31% −0.02
VTI VG Morningstar TS MKT ETF-US Reduce -12.6% 0.15% −0.02
AMZN Amazon.com Inc. Reduce -4.1% 1.06% −0.02
PEP Pepsico Inc. Reduce -5.6% 0.34% −0.02
UNP Union Pacific Corp. Reduce -2.6% 0.28% −0.02
WMT Walmart Inc. Reduce -7.2% 0.83% −0.02
IWP iShares Russell Mid-Cap Grow Reduce -0.9% 0.26% −0.02
EA Electronic Arts Inc. Reduce -10.2% 0.14% −0.02
NEE Nextera Energy Inc. Reduce -12.6% 0.13% −0.01
MDY State Street SPDR S&P Midcap Reduce -0.2% 0.59% −0.01
MAR Marriott International Class A Reduce -18.4% 0.17% −0.01
JPM JPMorgan Chase & Co. Reduce -0.1% 1.06% −0.01
KO The Coca-Cola Co. Reduce -3.4% 0.70% −0.01

Portfolio Buys Q3 2025 → Q4 2025
LLY Eli Lilly & Co. Add +0.4% 4.71% +1.28
TFC Truist Financial Corp. Add +133.4% 1.44% +0.85
RSP Invesco S&P 500 Equal Weight New 0.56% +0.56
MA Mastercard Inc. Class A Add +48.9% 1.26% +0.39
DELL Dell Technologies -C New 0.37% +0.37
DKS Dick's Sporting Goods Inc. Add +197.6% 0.61% +0.37
AMD Advanced Micro Devices Add +73.2% 0.67% +0.37
IVV iShares Core S&P 500 ETF Add +19.4% 2.19% +0.34
DIS The Walt Disney Co. New 0.32% +0.32
LOW Lowe's Cos Inc. Add +152.0% 0.55% +0.32
TSM Taiwan Semiconductor-SP ADR Add +16.4% 1.63% +0.30
COST Costco Wholesale Corp. Add +29.3% 2.04% +0.30
GEV GE Vernova Inc. New 0.23% +0.23
PYLD PIMCO Multisector Bond Actv New 0.20% +0.20
BILZ PIMCO Ultra SHRT Govt Active New 0.16% +0.16
ANET Arista Networks Inc. Add +32.9% 1.11% +0.15
BA The Boeing Co. New 0.15% +0.15
AZN Astrazeneca PLC-Spons ADR New 0.15% +0.15
AMAT Applied Materials Inc. New 0.14% +0.14
AMGN Amgen Inc. Add +21.6% 0.50% +0.13
DUK Duke Energy Corp. Add +15.0% 2.13% +0.12
RY Royal Bank of Canada Add +0.3% 0.89% +0.10
F Ford Motor Co. New 0.09% +0.09
AXP American Express Co. Add +15.9% 0.45% +0.09
NVDA Nvidia Corp. Add +4.6% 5.44% +0.08
FIS Fidelity National Info Serv Add +38.8% 0.26% +0.07
PWR Quanta Services Inc. Add +11.9% 0.72% +0.07
SHEL Shell PLC-ADR Add +25.4% 0.34% +0.07
ADM Archer-Daniels-Midland Co. Add +34.4% 0.26% +0.05
C Citigroup Inc. Add +1.5% 0.37% +0.04
AMP Ameriprise Financial Inc. Add +7.6% 0.95% +0.04
IBM Intl Business Machines Corp. Add +0.3% 1.73% +0.04
KIM Kimco Realty Corp. Add +37.3% 0.19% +0.04
IUSB Ishr CR Unvrse Usd BD ETF-Ui Add +6.5% 1.23% +0.04
PFF iShares Preferred & Income S Add +35.5% 0.16% +0.04
TT Trane Technologies PLC Add +21.3% 0.39% +0.03
VTIP Vanguard Short-Term Tips Add +20.0% 0.26% +0.03
MRVL Marvell Technology Inc. Add +14.0% 0.29% +0.03
KR Kroger Co. Add +25.9% 0.24% +0.03
QQQ Invesco QQQ Trust Series 1 Add +5.1% 0.56% +0.02
NXPI NXP Semiconductors NV Add +20.9% 0.18% +0.02
DGX Quest Diagnostics Inc. Add +27.0% 0.16% +0.02
PSX Phillips 66 Add +10.8% 0.43% +0.01
TOL Toll Brothers Inc. Add +6.4% 0.59% +0.01
EPD Enterprise Products Partners Add +4.3% 0.18% +0.01
CSX CSX Corp. Add +2.7% 0.34% +0.01
SNY Sanofi-ADR Add +3.2% 0.14% +0.00
TXN Texas Instruments Inc. Add +8.5% 0.24% −0.00
KHC The Kraft Heinz Co. Add +7.0% 0.13% −0.00
J Jacobs Solutions Inc. Add +12.9% 0.36% −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