Physicians Financial Services, Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 15, 2026), Physicians Financial Services, Inc. reported 104 stock positions worth $365.2 million. Its top holding was Apple (AAPL) at 14.3% of the portfolio, followed by Nvidia (NVDA, 6.5%) and Alphabet Class A (GOOGL, 6.0%). Compared with Q4 2025, it opened 3 new positions, sold out of 6, added to 49 and reduced 21. The biggest buy was Caterpillar (CAT, shares +1%) and the biggest sale Apple (AAPL, shares −2%).

Most Recent 13F
Q2 2026
Location
RALEIGH, NC
CIK
0001665518
Portfolio Value
$365.2M (Q1 2026)
SEC Filing
0001665518-26-000002 ↗ filed Apr 15, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $284.0M Q1 2024 Q2 2024: $307.5M Q2 2024 Q3 2024: $321.6M Q3 2024 Q4 2024: $329.4M Q4 2024 Q1 2025: $314.5M Q1 2025 Q2 2025: $335.7M Q2 2025 Q3 2025: $366.3M Q3 2025 Q4 2025: $372.7M Q4 2025 Q1 2026: $365.2M $365.2M Q1 2026 Q2 2026: $400.7M Q2 2026

Holdings 104 stocks · $365.2M
AAPL Apple Inc. 14.33% 206,162 $52.3M Reduce -2.2%
NVDA Nvidia Corp. 6.51% 136,243 $23.8M Add +1.2%
GOOGL Alphabet Inc. Class A 6.04% 76,761 $22.1M Reduce -0.1%
AMZN Amazon.com Inc. 5.63% 98,701 $20.6M Reduce -0.3%
WMT Walmart Inc. 5.37% 157,758 $19.6M Add +0.3%
MSFT Microsoft Corp. 4.29% 42,366 $15.7M Add +2.6%
CAT Caterpillar Inc. 3.72% 19,159 $13.6M Add +1.1%
MA Mastercard Inc. Class A 2.47% 18,058 $9.0M Add +0.3%
CVX Chevron Corp. 2.22% 39,245 $8.1M Add +3.9%
META Meta Platforms Inc. Class A 2.08% 13,251 $7.6M Add +1.5%
COST Costco Wholesale Corp. 1.91% 7,013 $7.0M Add +6.7%
CMI Cummins Inc. 1.82% 12,337 $6.6M Add +1.0%
MCD McDonald's Corp. 1.74% 20,428 $6.3M Add +1.7%
AMGN Amgen Inc. 1.64% 17,017 $6.0M Reduce -0.4%
JNJ Johnson & Johnson 1.60% 23,916 $5.8M Add +1.9%
LOW Lowe's Cos Inc. 1.46% 22,599 $5.3M No change
DUK Duke Energy Corp. 1.46% 40,736 $5.3M Add +16.2%
PH Parker Hannifin Corp. 1.43% 5,835 $5.2M No change
V Visa Inc. Class A 1.37% 16,588 $5.0M Reduce -1.9%
AVGO Broadcom Inc. 1.32% 15,585 $4.8M Reduce -0.2%
ADP Automatic Data Processing 1.30% 23,350 $4.7M Add +3.7%
KO The Coca-Cola Co. 1.26% 60,646 $4.6M Add +0.1%
LLY Eli Lilly & Co. 1.25% 4,970 $4.6M Add +21.3%
LMT Lockheed Martin Corp. 1.23% 7,428 $4.5M Add +0.2%
BRK.B Berkshire Hathaway Inc. Class B 1.18% 8,995 $4.3M Reduce -0.5%
HD Home Depot Inc. 1.14% 12,656 $4.2M Add +7.5%
PG The Procter & Gamble Co. 1.09% 27,498 $4.0M Add +12.9%
ORCL Oracle Corp. 0.97% 23,993 $3.5M Add +0.4%
PEP Pepsico Inc. 0.91% 21,383 $3.3M Add +4.8%
DE Deere & Co. 0.79% 5,139 $2.9M Add +3.5%
RTX RTX Corp. 0.75% 14,289 $2.8M Add +1.9%
ABBV Abbvie Inc. 0.72% 12,075 $2.6M Add +1.9%
CSCO Cisco Systems Inc. 0.69% 32,251 $2.5M Add +0.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.67% 10,161 $2.5M Add +0.7%
JPM JPMorgan Chase & Co. 0.66% 8,232 $2.4M Add +5.8%
GEV GE Vernova Inc. 0.64% 2,678 $2.3M Add +23.6%
QCOM Qualcomm Inc. 0.61% 17,338 $2.2M Add +5.3%
GOOG Alphabet Inc. Class C 0.61% 7,760 $2.2M No change
FDX FedEx Corp. 0.60% 6,144 $2.2M Add +1.8%
MMM 3M Co. 0.59% 14,788 $2.1M Add +3.4%
HSY The Hershey Co. 0.58% 10,108 $2.1M Add +2.0%
EQIX Equinix Inc. 0.53% 1,971 $1.9M No change
NVS Novartis AG-Sponsored ADR 0.51% 12,284 $1.9M No change
ETN Eaton Corp. PLC 0.50% 5,131 $1.8M Reduce -19.4%
ITW Illinois Tool Works 0.46% 6,452 $1.7M Add +1.6%
AMD Advanced Micro Devices 0.44% 7,834 $1.6M Reduce -0.6%
TFC Truist Financial Corp. 0.43% 34,165 $1.6M Reduce -0.4%
SBUX Starbucks Corp. 0.40% 16,106 $1.4M Add +111.4%
LRCX Lam Research Corp. 0.39% 6,730 $1.4M No change
UNP Union Pacific Corp. 0.38% 5,694 $1.4M No change
PM Philip Morris International 0.37% 8,171 $1.4M Add +2.3%
MRK Merck & Co. Inc. 0.36% 11,020 $1.3M Add +1.5%
TXN Texas Instruments Inc. 0.35% 6,599 $1.3M No change
AXP American Express Co. 0.33% 3,965 $1.2M Add +3.9%
MAR Marriott International Class A 0.32% 3,550 $1.2M Reduce -0.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.31% 22,994 $1.1M No change
NUE Nucor Corp. 0.30% 6,575 $1.1M No change
TGT Target Corp. 0.30% 9,178 $1.1M Reduce -8.0%
TM Toyota Motor Corp. -Spon ADR 0.27% 4,747 $978K Add +1.1%
AMAT Applied Materials Inc. 0.27% 2,846 $973K Add +3.2%
FCNCA First Citizens Bcshs Class A 0.26% 510 $961K No change
NFLX Netflix Inc. 0.25% 9,670 $930K No change
BA The Boeing Co. 0.25% 4,565 $909K Add +35.3%
APA Apa Corp. 0.23% 20,000 $849K No change
UBER Uber Technologies Inc. 0.23% 11,772 $847K Add +10.4%
BMY Bristol-Myers Squibb Co. 0.23% 13,842 $840K Add +10.2%
TSLA Tesla Inc. 0.23% 2,241 $833K Add +0.9%
VGT Vanguard Info Tech ETF 0.22% 1,135 $792K No change
PLTR Palantir Technologies Inc. Class A 0.22% 5,403 $790K Reduce -6.5%
SYK Stryker Corp. 0.21% 2,371 $779K No change
NKE Nike Inc. Class B 0.20% 13,802 $729K Reduce -1.1%
AFL Aflac Inc. 0.20% 6,586 $723K No change
BRK.A Berkshire Hathaway Inc. Class A 0.20% 1 $718K No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.19% 7,822 $705K Add +0.0%
SHW The Sherwin-Williams Co. 0.18% 2,090 $670K No change
VZ Verizon Communications Inc. 0.18% 12,788 $642K Reduce -16.2%
EMR Emerson Electric Co. 0.17% 4,609 $604K No change
NOC Northrop Grumman Corp. 0.16% 840 $573K No change
ABT Abbott Laboratories 0.15% 5,240 $538K No change
UL Unilever PLC 0.13% 8,444 $481K Reduce -4.3%
COP Conocophillips 0.12% 3,207 $423K Add +7.5%
GE General Electric filed as GE AEROSPACE 0.11% 1,476 $419K Add +3.9%
PFE Pfizer Inc. 0.11% 13,919 $391K Add +2.5%
XOM Exxon Mobil Corp. 0.11% 2,297 $390K Add +9.5%
XLE SS Energy Select Sector 0.10% 6,178 $378K No change
PANW Palo Alto Networks Inc. 0.10% 2,271 $364K Add +4.6%
CMG Chipotle Mexican Grill Inc. 0.10% 11,250 $360K Reduce -9.6%
PAYX Paychex Inc. 0.09% 3,702 $341K No change
DAL Delta Air Lines Inc. 0.09% 5,000 $332K Reduce -2.0%
VEEV Veeva Systems Inc. Class A 0.09% 1,890 $332K No change
CHD Church & Dwight Co. Inc. 0.09% 3,453 $322K Reduce -2.8%
LH Labcorp Holdings Inc. 0.09% 1,202 $321K No change
REGN Regeneron Pharmaceuticals 0.08% 400 $309K No change
GNRC Generac Holdings Inc. 0.08% 1,500 $293K No change
SCHW Schwab (charles) Corp. 0.08% 3,050 $287K No change
NSC Norfolk Southern Corp. 0.08% 975 $280K Add +25.8%
CLX Clorox Company 0.08% 2,675 $277K Reduce -26.4%
SO The Southern Co. 0.07% 2,802 $270K New
MKC McCormick & Co.-Non VTG SHRS 0.07% 5,225 $264K Reduce -1.4%
PKG Packaging Corp. of America 0.07% 1,150 $244K No change

Show all 104 holdings

Portfolio Sells Q4 2025 → Q1 2026
AAPL Apple Inc. Reduce -2.2% 14.33% −1.05
ADBE Adobe Inc. Sold out 0.00% −0.68
AMZN Amazon.com Inc. Reduce -0.3% 5.63% −0.50
GOOGL Alphabet Inc. Class A Reduce -0.1% 6.04% −0.41
V Visa Inc. Class A Reduce -1.9% 1.37% −0.22
AVGO Broadcom Inc. Reduce -0.2% 1.32% −0.13
INTU Intuit Inc. Sold out 0.00% −0.07
BDX Becton Dickinson and Co. Sold out 0.00% −0.07
CHKP Check Point Software Tech Sold out 0.00% −0.06
GPC Genuine Parts Co. Sold out 0.00% −0.06
GIS General Mills Inc. Sold out 0.00% −0.06
PLTR Palantir Technologies Inc. Class A Reduce -6.5% 0.22% −0.06
ETN Eaton Corp. PLC Reduce -19.4% 0.50% −0.04
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.5% 1.18% −0.04
NKE Nike Inc. Class B Reduce -1.1% 0.20% −0.04
CMG Chipotle Mexican Grill Inc. Reduce -9.6% 0.10% −0.02
MKC McCormick & Co.-Non VTG SHRS Reduce -1.4% 0.07% −0.02
UL Unilever PLC Reduce -4.3% 0.13% −0.02
TFC Truist Financial Corp. Reduce -0.4% 0.43% −0.02
CLX Clorox Company Reduce -26.4% 0.08% −0.02
AMD Advanced Micro Devices Reduce -0.6% 0.44% −0.02
DAL Delta Air Lines Inc. Reduce -2.0% 0.09% −0.00
CHD Church & Dwight Co. Inc. Reduce -2.8% 0.09% +0.01
VZ Verizon Communications Inc. Reduce -16.2% 0.18% +0.01
MAR Marriott International Class A Reduce -0.7% 0.32% +0.02
TGT Target Corp. Reduce -8.0% 0.30% +0.04
AMGN Amgen Inc. Reduce -0.4% 1.64% +0.14

Portfolio Buys Q4 2025 → Q1 2026
CAT Caterpillar Inc. Add +1.1% 3.72% +0.80
CVX Chevron Corp. Add +3.9% 2.22% +0.68
WMT Walmart Inc. Add +0.3% 5.37% +0.67
COST Costco Wholesale Corp. Add +6.7% 1.91% +0.39
DUK Duke Energy Corp. Add +16.2% 1.46% +0.36
JNJ Johnson & Johnson Add +1.9% 1.60% +0.30
LMT Lockheed Martin Corp. Add +0.2% 1.23% +0.27
GEV GE Vernova Inc. Add +23.6% 0.64% +0.26
SBUX Starbucks Corp. Add +111.4% 0.40% +0.22
DE Deere & Co. Add +3.5% 0.79% +0.17
PG The Procter & Gamble Co. Add +12.9% 1.09% +0.15
CMI Cummins Inc. Add +1.0% 1.82% +0.14
FDX FedEx Corp. Add +1.8% 0.60% +0.13
KO The Coca-Cola Co. Add +0.1% 1.26% +0.13
PEP Pepsico Inc. Add +4.8% 0.91% +0.12
HSY The Hershey Co. Add +2.0% 0.58% +0.09
MCD McDonald's Corp. Add +1.7% 1.74% +0.09
AMAT Applied Materials Inc. Add +3.2% 0.27% +0.08
SO The Southern Co. New 0.07% +0.07
LLY Eli Lilly & Co. Add +21.3% 1.25% +0.07
TTC Toro Co. New 0.06% +0.06
RTX RTX Corp. Add +1.9% 0.75% +0.06
HON Honeywell International Inc. New 0.06% +0.06
MRK Merck & Co. Inc. Add +1.5% 0.36% +0.06
HD Home Depot Inc. Add +7.5% 1.14% +0.05
BA The Boeing Co. Add +35.3% 0.25% +0.05
BMY Bristol-Myers Squibb Co. Add +10.2% 0.23% +0.05
COP Conocophillips Add +7.5% 0.12% +0.04
ITW Illinois Tool Works Add +1.6% 0.46% +0.04
XOM Exxon Mobil Corp. Add +9.5% 0.11% +0.04
PM Philip Morris International Add +2.3% 0.37% +0.03
CSCO Cisco Systems Inc. Add +0.5% 0.69% +0.02
NSC Norfolk Southern Corp. Add +25.8% 0.08% +0.02
PFE Pfizer Inc. Add +2.5% 0.11% +0.02
UBER Uber Technologies Inc. Add +10.4% 0.23% −0.00
TM Toyota Motor Corp. -Spon ADR Add +1.1% 0.27% −0.00
GE General Electric Add +3.9% 0.11% −0.00
ABBV Abbvie Inc. Add +1.9% 0.72% −0.01
PANW Palo Alto Networks Inc. Add +4.6% 0.10% −0.01
JPM JPMorgan Chase & Co. Add +5.8% 0.66% −0.01
TROW T Rowe Price Group Inc. Add +0.0% 0.19% −0.02
MMM 3M Co. Add +3.4% 0.59% −0.03
TSLA Tesla Inc. Add +0.9% 0.23% −0.04
AXP American Express Co. Add +3.9% 0.33% −0.05
IBM Intl Business Machines Corp. Add +0.7% 0.67% −0.13
QCOM Qualcomm Inc. Add +5.3% 0.61% −0.14
NVDA Nvidia Corp. Add +1.2% 6.51% −0.23
META Meta Platforms Inc. Class A Add +1.5% 2.08% −0.24
ADP Automatic Data Processing Add +3.7% 1.30% −0.25
ORCL Oracle Corp. Add +0.4% 0.97% −0.28

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 106$400.7MAAPL, GOOGL, AMZN, NVDA, CAT
Q1 2026 104$365.2MAAPL, NVDA, GOOGL, AMZN, WMT
Q4 2025 107$372.7MAAPL, NVDA, GOOGL, AMZN, MSFT
Q3 2025 108$366.3MAAPL, NVDA, AMZN, MSFT, GOOGL
Q2 2025 107$335.7MAAPL, NVDA, AMZN, MSFT, WMT
Q1 2025Amended 107$314.5MAAPL, AMZN, MSFT, NVDA, WMT
Q4 2024 105$329.4MAAPL, AMZN, NVDA, MSFT, GOOGL
Q3 2024 107$321.6MAAPL, MSFT, NVDA, AMZN, GOOGL
Q2 2024 108$307.5MAAPL, MSFT, NVDA, AMZN, GOOGL
Q1 2024 103$284.0MAAPL, MSFT, AMZN, GOOGL, NVDA