Spinnaker Trust
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 4, 2025), Spinnaker Trust reported 290 stock positions worth $1.7 billion. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 9.0% of the portfolio, followed by SS Technology Select Sector (XLK, 6.1%) and iShares Trust iShares ESG Aw (ESGD, 5.6%). Compared with Q1 2025, it opened 15 new positions, sold out of 5, added to 109 and reduced 66. The biggest buy was Ishrs US E F R A ETF-Usd (DYNF, shares +104%) and the biggest sale SS SPDR P S&P 600 Small Cap (SPSM, shares −34%).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, ME
- CIK
- 0001158970
- Portfolio Value
- $1.7B (Q2 2025)
- SEC Filing
- 0001158970-25-000005 ↗ filed Aug 4, 2025
Holdings Value
Holdings 290 stocks · $1.7B
| SPYM Ste STR SPDR PT S&P 500 ETF | 8.98% | 2,053,233 | $149.2M | Add +2.6% |
| XLK SS Technology Select Sector | 6.09% | 399,763 | $101.2M | Reduce -0.7% |
| ESGD iShares Trust iShares ESG Aw | 5.59% | 1,042,117 | $93.0M | Reduce -1.2% |
| SUSA iShares ESG Optimized MSCI U | 4.53% | 594,652 | $75.4M | Reduce -1.8% |
| ISTB iShares Core 1-5 Year Usd Bo | 3.92% | 1,338,348 | $65.1M | Reduce -2.9% |
| MMM 3M Co. | 3.75% | 409,797 | $62.4M | No change |
| MSFT Microsoft Corp. | 3.46% | 115,732 | $57.6M | Add +1.6% |
| AAPL Apple Inc. | 2.62% | 212,017 | $43.5M | Reduce -1.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.31% | 78,998 | $38.4M | Add +1.0% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 1.66% | 505,292 | $27.5M | Add +104.1% |
| IAU iShares Gold Trust | 1.64% | 438,429 | $27.3M | Add +1.5% |
| XLF SS Financial Select Sector | 1.55% | 492,596 | $25.8M | Add +0.9% |
| XLV SS Health Care Select Sector | 1.49% | 184,043 | $24.8M | Reduce -1.0% |
| SPSM SS SPDR P S&P 600 Small Cap | 1.38% | 538,532 | $22.9M | Reduce -34.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.36% | 36,634 | $22.6M | Reduce -6.0% |
| XLY SS Consumer Disc Select Sect | 1.33% | 101,883 | $22.1M | Reduce -1.4% |
| QQQ Invesco QQQ Trust Series 1 | 1.31% | 39,476 | $21.8M | Add +3.2% |
| ARCC Ares Capital Corp. | 1.19% | 904,301 | $19.9M | Add +75.9% |
| JPM JPMorgan Chase & Co. | 1.11% | 63,781 | $18.5M | Add +2.1% |
| GOOG Alphabet Inc. Class C | 1.09% | 101,727 | $18.0M | Reduce -9.1% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 1.04% | 650,949 | $17.3M | Reduce -3.6% |
| HD Home Depot Inc. | 0.96% | 43,685 | $16.0M | Add +0.4% |
| AVGO Broadcom Inc. | 0.96% | 57,641 | $15.9M | Add +0.8% |
| AMZN Amazon.com Inc. | 0.95% | 71,746 | $15.7M | Reduce -1.4% |
| GSST Goldman Sachs Ultra Short Bo | 0.94% | 308,268 | $15.6M | Reduce -2.9% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.92% | 298,944 | $15.2M | Reduce -0.8% |
| USXF iShares ESG Advance MSCI USA | 0.91% | 280,739 | $15.1M | Add +3.1% |
| URA Global X Uranium ETF | 0.88% | 379,098 | $14.7M | Add +1.9% |
| XLC SS Comm Select Sector SPDR | 0.88% | 134,897 | $14.6M | Reduce -0.3% |
| RTX RTX Corp. | 0.75% | 85,389 | $12.5M | Reduce -4.5% |
| NVDA Nvidia Corp. | 0.73% | 76,464 | $12.1M | Add +1.8% |
| VSGX Vanguard ESG Intl Stock ETF | 0.72% | 182,548 | $12.0M | Reduce -2.7% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.69% | 471,129 | $11.4M | Add +3.4% |
| V Visa Inc. Class A | 0.66% | 31,086 | $11.0M | Add +0.9% |
| IBDR iShares Ibonds Dec 2026 Term | 0.64% | 441,217 | $10.7M | Add +2.5% |
| BBCA JPMorgan Betabuilders Canada | 0.61% | 126,313 | $10.2M | Add +0.7% |
| EWT iShares MSCI Taiwan ETF | 0.58% | 168,301 | $9.7M | Reduce -0.2% |
| WEX Wex Inc. | 0.58% | 65,633 | $9.6M | No change |
| LLY Eli Lilly & Co. | 0.58% | 12,335 | $9.6M | Reduce -18.1% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.57% | 375,003 | $9.5M | Add +5.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.57% | 13 | $9.5M | No change |
| INDA iShares MSCI India ETF | 0.56% | 168,095 | $9.4M | Reduce -0.5% |
| BLK BlackRock Inc. | 0.56% | 8,914 | $9.4M | Add +1.5% |
| GOOGL Alphabet Inc. Class A | 0.50% | 47,028 | $8.3M | Add +1.3% |
| CVX Chevron Corp. | 0.49% | 57,446 | $8.2M | Add +2.6% |
| UBER Uber Technologies Inc. | 0.49% | 87,967 | $8.2M | Add +2.6% |
| GEM Goldman Sachs Activebeta Em | 0.46% | 204,634 | $7.6M | Reduce -5.0% |
| COST Costco Wholesale Corp. | 0.46% | 7,677 | $7.6M | Add +2.5% |
| CAT Caterpillar Inc. | 0.46% | 19,560 | $7.6M | No change |
| XLP SS Consumer Staples Sel Sect | 0.46% | 93,771 | $7.6M | Reduce -1.6% |
| WMT Walmart Inc. | 0.45% | 76,455 | $7.5M | Add +0.5% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.44% | 292,050 | $7.4M | Add +0.4% |
| XOM Exxon Mobil Corp. | 0.44% | 67,626 | $7.3M | Reduce -2.6% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.43% | 36,793 | $7.2M | Reduce -0.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.42% | 30,846 | $7.0M | Add +1.6% |
| DE Deere & Co. | 0.42% | 13,687 | $7.0M | Reduce -0.2% |
| XLI SS Industrial Select Sector | 0.41% | 46,063 | $6.8M | Reduce -1.1% |
| CRM Salesforce Inc. | 0.40% | 24,656 | $6.7M | Add +0.7% |
| UNH Unitedhealth Group Inc. | 0.40% | 21,176 | $6.6M | Add +48.0% |
| ADP Automatic Data Processing | 0.39% | 21,204 | $6.5M | Reduce -3.1% |
| PG The Procter & Gamble Co. | 0.39% | 40,743 | $6.5M | Add +2.8% |
| STLD Steel Dynamics Inc. | 0.38% | 49,644 | $6.4M | Reduce -0.1% |
| SOXX iShares Semiconductor ETF | 0.38% | 26,447 | $6.3M | Add +3.8% |
| NSRGY Nestle SA-Spons ADR | 0.38% | 63,714 | $6.3M | Reduce -0.3% |
| NEE Nextera Energy Inc. | 0.36% | 86,201 | $6.0M | Add +2.7% |
| JNJ Johnson & Johnson | 0.34% | 37,326 | $5.7M | Reduce -0.6% |
| FBND Fidelity Total Bond ETF | 0.34% | 123,863 | $5.7M | Reduce -3.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.34% | 19,994 | $5.6M | Reduce -0.1% |
| ESGU iShares ESG Aware MSCI USA | 0.34% | 41,293 | $5.6M | Add +5.1% |
| ABT Abbott Laboratories | 0.33% | 40,843 | $5.6M | Reduce -0.3% |
| FHLC Fidelity MSCI Health Care | 0.33% | 86,059 | $5.5M | Add +5.8% |
| APO Apollo Global Management Inc. | 0.32% | 37,669 | $5.3M | Add +110.2% |
| PLD Prologis Inc. | 0.31% | 49,304 | $5.2M | Add +1.7% |
| CSCO Cisco Systems Inc. | 0.31% | 73,403 | $5.1M | Add +2.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.30% | 60,409 | $5.0M | No change |
| IBDU iShares Ibonds Dec 2029 Term | 0.29% | 209,684 | $4.9M | Add +5.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.28% | 15,935 | $4.7M | Add +1.1% |
| CHD Church & Dwight Co. Inc. | 0.27% | 47,005 | $4.5M | Reduce -0.2% |
| ADBE Adobe Inc. | 0.27% | 11,389 | $4.4M | Add +2.7% |
| TMO Thermo Fisher Scientific Inc. | 0.26% | 10,812 | $4.4M | Add +2.0% |
| IJR iShares Core S&P Small-Cap E | 0.25% | 37,342 | $4.1M | Add +0.5% |
| MA Mastercard Inc. Class A | 0.24% | 7,173 | $4.0M | Add +1.6% |
| PEP Pepsico Inc. | 0.24% | 30,426 | $4.0M | Add +1.8% |
| WELL Welltower Inc. | 0.24% | 25,832 | $4.0M | Add +0.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.24% | 58,742 | $3.9M | Reduce -5.4% |
| TXN Texas Instruments Inc. | 0.22% | 17,556 | $3.6M | Reduce -8.6% |
| MCD McDonald's Corp. | 0.22% | 12,474 | $3.6M | Add +7.5% |
| KMI Kinder Morgan Inc. | 0.21% | 118,867 | $3.5M | Add +4.5% |
| MRK Merck & Co. Inc. | 0.21% | 43,465 | $3.4M | Add +1.9% |
| GEHC GE Healthcare Technology | 0.20% | 45,624 | $3.4M | Reduce -1.5% |
| AAXJ iShares MSCI All Country Asi | 0.20% | 39,738 | $3.3M | Reduce -2.3% |
| EMR Emerson Electric Co. | 0.19% | 24,178 | $3.2M | No change |
| MFC Manulife Financial Corp. | 0.19% | 97,690 | $3.1M | Add +2.9% |
| ABBV Abbvie Inc. | 0.19% | 16,632 | $3.1M | Add +1.1% |
| ORCL Oracle Corp. | 0.19% | 14,099 | $3.1M | Add +11.3% |
| T AT&T Inc. | 0.17% | 100,540 | $2.9M | Add +2.0% |
| MDY State Street SPDR S&P Midcap | 0.17% | 5,056 | $2.9M | Reduce -0.0% |
| HON Honeywell International Inc. | 0.17% | 11,975 | $2.8M | Add +3.3% |
| PFE Pfizer Inc. | 0.15% | 101,083 | $2.5M | Reduce -1.4% |
| FTEC Fidelity MSCI Info Tech Indx | 0.15% | 12,329 | $2.4M | No change |
Portfolio Sells Q1 2025 → Q2 2025
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -34.3% | 1.38% | −0.80 |
| AAPL Apple Inc. | Reduce -1.6% | 2.62% | −0.51 |
| ISTB iShares Core 1-5 Year Usd Bo | Reduce -2.9% | 3.92% | −0.43 |
| XLV SS Health Care Select Sector | Reduce -1.0% | 1.49% | −0.28 |
| LLY Eli Lilly & Co. | Reduce -18.1% | 0.58% | −0.23 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -3.6% | 1.04% | −0.16 |
| GSST Goldman Sachs Ultra Short Bo | Reduce -2.9% | 0.94% | −0.11 |
| XOM Exxon Mobil Corp. | Reduce -2.6% | 0.44% | −0.10 |
| NEAR iShares SH Dba ETF Usd Inc. | Reduce -47.9% | 0.07% | −0.07 |
| CHD Church & Dwight Co. Inc. | Reduce -0.2% | 0.27% | −0.07 |
| JNJ Johnson & Johnson | Reduce -0.6% | 0.34% | −0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -6.0% | 1.36% | −0.06 |
| GOOG Alphabet Inc. Class C | Reduce -9.1% | 1.09% | −0.06 |
| DDEC FT Vest U.S. Equity Deep Buf | Reduce -34.8% | 0.09% | −0.05 |
| XLP SS Consumer Staples Sel Sect | Reduce -1.6% | 0.46% | −0.05 |
| ADP Automatic Data Processing | Reduce -3.1% | 0.39% | −0.04 |
| FBND Fidelity Total Bond ETF | Reduce -3.9% | 0.34% | −0.04 |
| NSRGY Nestle SA-Spons ADR | Reduce -0.3% | 0.38% | −0.04 |
| GEHC GE Healthcare Technology | Reduce -1.5% | 0.20% | −0.04 |
| ESGD iShares Trust iShares ESG Aw | Reduce -1.2% | 5.59% | −0.03 |
| SLB SLB Ltd. | Reduce -31.8% | 0.03% | −0.03 |
| STLD Steel Dynamics Inc. | Reduce -0.1% | 0.38% | −0.02 |
| RTX RTX Corp. | Reduce -4.5% | 0.75% | −0.02 |
| PFE Pfizer Inc. | Reduce -1.4% | 0.15% | −0.02 |
| ABT Abbott Laboratories | Reduce -0.3% | 0.33% | −0.02 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -0.9% | 0.43% | −0.02 |
| WSM Williams-Sonoma Inc. | Sold out | 0.00% | −0.02 |
| CMI Cummins Inc. | Sold out | 0.00% | −0.02 |
| SHEL Shell PLC-ADR | Sold out | 0.00% | −0.01 |
| ITW Illinois Tool Works | Reduce -11.0% | 0.06% | −0.01 |
| CME Cme Group Inc. | Sold out | 0.00% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -1.6% | 0.08% | −0.01 |
| INTC Intel Corp. | Reduce -7.1% | 0.06% | −0.01 |
| DHR Danaher Corp. | Reduce -7.8% | 0.05% | −0.01 |
| GEM Goldman Sachs Activebeta Em | Reduce -5.0% | 0.46% | −0.01 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -5.4% | 0.24% | −0.01 |
| CCI Crown Castle Inc. | Reduce -15.5% | 0.03% | −0.01 |
| DPZ Domino's Pizza Inc. | Reduce -13.4% | 0.03% | −0.01 |
| WM Waste Management Inc. | Reduce -3.0% | 0.05% | −0.01 |
| PGR Progressive Corp. | Reduce -2.9% | 0.03% | −0.01 |
| GIS General Mills Inc. | Reduce -0.8% | 0.02% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -8.6% | 0.22% | −0.01 |
| SBUX Starbucks Corp. | Reduce -1.9% | 0.03% | −0.01 |
| SUSA iShares ESG Optimized MSCI U | Reduce -1.8% | 4.53% | −0.00 |
| IBMN iShares Ibonds Dec 2025 Term | Reduce -1.0% | 0.05% | −0.00 |
| CPRT Copart Inc. | Reduce -4.0% | 0.02% | −0.00 |
| INDA iShares MSCI India ETF | Reduce -0.5% | 0.56% | −0.00 |
| BNY Bank of New York Mellon Corp. | Reduce -20.1% | 0.02% | −0.00 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -0.7% | 0.04% | −0.00 |
| MDY State Street SPDR S&P Midcap | Reduce -0.0% | 0.17% | −0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +104.1% | 1.66% | +0.87 |
| MSFT Microsoft Corp. | Add +1.6% | 3.46% | +0.67 |
| ARCC Ares Capital Corp. | Add +75.9% | 1.19% | +0.45 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +2.6% | 8.98% | +0.39 |
| AVGO Broadcom Inc. | Add +0.8% | 0.96% | +0.33 |
| URA Global X Uranium ETF | Add +1.9% | 0.88% | +0.33 |
| NVDA Nvidia Corp. | Add +1.8% | 0.73% | +0.20 |
| APO Apollo Global Management Inc. | Add +110.2% | 0.32% | +0.16 |
| QQQ Invesco QQQ Trust Series 1 | Add +3.2% | 1.31% | +0.14 |
| JPM JPMorgan Chase & Co. | Add +2.1% | 1.11% | +0.11 |
| TSM Taiwan Semiconductor-SP ADR | Add +1.6% | 0.42% | +0.09 |
| UBER Uber Technologies Inc. | Add +2.6% | 0.49% | +0.09 |
| USXF iShares ESG Advance MSCI USA | Add +3.1% | 0.91% | +0.08 |
| ORCL Oracle Corp. | Add +11.3% | 0.19% | +0.07 |
| SOXX iShares Semiconductor ETF | Add +3.8% | 0.38% | +0.07 |
| VEA Vanguard Ftse Developed ETF | New | 0.06% | +0.06 |
| PSA Public Storage | New | 0.03% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +1.3% | 0.50% | +0.03 |
| BBCA JPMorgan Betabuilders Canada | Add +0.7% | 0.61% | +0.03 |
| IBM Intl Business Machines Corp. | Add +1.1% | 0.28% | +0.03 |
| TJX TJX Companies Inc. | Add +69.5% | 0.07% | +0.03 |
| IBMR iShares Ibonds Dec 2029 M BD | New | 0.03% | +0.03 |
| ESGU iShares ESG Aware MSCI USA | Add +5.1% | 0.34% | +0.02 |
| PWR Quanta Services Inc. | New | 0.02% | +0.02 |
| BLK BlackRock Inc. | Add +1.5% | 0.56% | +0.02 |
| META Meta Platforms Inc. Class A | Add +7.7% | 0.09% | +0.02 |
| LHX L3HARRIS Technologies Inc. | Add +29.7% | 0.06% | +0.02 |
| CSCO Cisco Systems Inc. | Add +2.3% | 0.31% | +0.02 |
| NVS Novartis AG-Sponsored ADR | New | 0.01% | +0.01 |
| APH Amphenol Corp. Class A | New | 0.01% | +0.01 |
| RSG Republic Services Inc. | New | 0.01% | +0.01 |
| WMT Walmart Inc. | Add +0.5% | 0.45% | +0.01 |
| GD General Dynamics Corp. | New | 0.01% | +0.01 |
| NOW ServiceNow Inc. | New | 0.01% | +0.01 |
| SCHK Schwab 1000 Index ETF | New | 0.01% | +0.01 |
| DELL Dell Technologies -C | New | 0.01% | +0.01 |
| XYL Xylem Inc. | New | 0.01% | +0.01 |
| JMEE JPM Sma & Mid Cap En Eq Et-U | New | 0.01% | +0.01 |
| BX Blackstone Inc. | Add +13.4% | 0.12% | +0.01 |
| ESGE iShares Inc. iShares ESG Awar | New | 0.01% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +38.9% | 0.04% | +0.01 |
| IR Ingersoll-Rand Inc. | New | 0.01% | +0.01 |
| RSP Invesco S&P 500 Equal Weight | Add +15.4% | 0.11% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +3.5% | 0.05% | +0.01 |
| IJH iShares Core S&P Midcap ETF | Add +12.8% | 0.08% | +0.01 |
| HON Honeywell International Inc. | Add +3.3% | 0.17% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +7.0% | 0.07% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +3.0% | 0.11% | +0.01 |
| BAC Bank of America Corp. | Add +6.3% | 0.04% | +0.00 |
| SPGI S&P Global Inc. | Add +13.3% | 0.06% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 309 | $2.1B | SPYM, XLK, ESGD, SUSA, ISTB |
| Q1 2026 | 285 | $1.8B | SPYM, XLK, ESGD, SUSA, ISTB |
| Q4 2025 | 297 | $1.9B | SPYM, XLK, ESGD, SUSA, ISTB |
| Q3 2025 | 292 | $1.8B | SPYM, XLK, ESGD, SUSA, ISTB |
| Q2 2025 | 290 | $1.7B | SPYM, XLK, ESGD, SUSA, ISTB |
| Q1 2025 | 280 | $1.5B | SPYM, ESGD, XLK, SUSA, ISTB |
| Q4 2024 | 281 | $1.6B | SPYM, XLK, ESGD, SUSA, ISTB |
| Q3 2024 | 285 | $1.6B | ESGD, XLK, SUSA, DDEC, MMM |
| Q2 2024 | 273 | $1.6B | XLK, ESGD, SUSA, DDEC, ISTB |
| Q1 2024 | 268 | $1.5B | ESGD, XLK, SUSA, DDEC, ISTB |