Spinnaker Trust
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Spinnaker Trust reported 297 stock positions worth $1.9 billion. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 9.3% of the portfolio, followed by SS Technology Select Sector (XLK, 6.1%) and iShares Trust iShares ESG Aw (ESGD, 5.4%). Compared with Q3 2025, it opened 14 new positions, sold out of 10, added to 113 and reduced 90. The biggest buy was Alphabet Class C (GOOG, shares +0%) and the biggest sale an exit from iShares Ibonds Dec 2025 Term (IBDQ).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, ME
- CIK
- 0001158970
- Portfolio Value
- $1.9B (Q4 2025)
- SEC Filing
- 0001158970-26-000001 ↗ filed Feb 10, 2026
Holdings Value
Holdings 297 stocks · $1.9B
| SPYM Ste STR SPDR PT S&P 500 ETF | 9.30% | 2,166,677 | $173.8M | Add +2.0% |
| XLK SS Technology Select Sector | 6.14% | 796,240 | $114.6M | Reduce -0.7% |
| ESGD iShares Trust iShares ESG Aw | 5.36% | 1,052,778 | $100.1M | Add +0.3% |
| SUSA iShares ESG Optimized MSCI U | 4.37% | 585,818 | $81.6M | Reduce -0.5% |
| ISTB iShares Core 1-5 Year Usd Bo | 3.61% | 1,384,279 | $67.5M | Add +2.9% |
| MMM 3M Co. | 3.45% | 403,029 | $64.5M | Reduce -0.8% |
| AAPL Apple Inc. | 3.10% | 212,736 | $57.8M | Add +0.8% |
| MSFT Microsoft Corp. | 3.07% | 118,642 | $57.4M | Add +2.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.68% | 99,543 | $50.0M | Add +0.4% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 1.88% | 578,290 | $35.2M | Add +4.4% |
| IAU iShares Gold Trust | 1.81% | 416,028 | $33.8M | Reduce -7.2% |
| GOOG Alphabet Inc. Class C | 1.71% | 101,872 | $32.0M | Add +0.4% |
| XLF SS Financial Select Sector | 1.58% | 537,501 | $29.4M | Add +6.4% |
| XLV SS Health Care Select Sector | 1.53% | 184,367 | $28.5M | Add +0.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.35% | 36,978 | $25.2M | Add +0.9% |
| QQQ Invesco QQQ Trust Series 1 | 1.35% | 40,931 | $25.1M | Add +1.1% |
| ARCC Ares Capital Corp. | 1.31% | 1,210,941 | $24.5M | Add +17.0% |
| SPSM SS SPDR P S&P 600 Small Cap | 1.29% | 514,216 | $24.1M | Reduce -1.1% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 1.29% | 427,850 | $24.0M | Add +0.9% |
| XLY SS Consumer Disc Select Sect | 1.26% | 197,156 | $23.5M | Reduce -3.1% |
| JPM JPMorgan Chase & Co. | 1.11% | 64,642 | $20.8M | Add +3.8% |
| AVGO Broadcom Inc. | 0.96% | 52,007 | $18.0M | Reduce -3.5% |
| AMZN Amazon.com Inc. | 0.94% | 75,885 | $17.5M | Add +5.6% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.93% | 654,251 | $17.3M | Add +1.5% |
| GSST Goldman Sachs Ultra Short Bo | 0.87% | 320,669 | $16.2M | Add +2.4% |
| RTX RTX Corp. | 0.85% | 86,254 | $15.8M | Add +1.2% |
| XLC SS Comm Select Sector SPDR | 0.82% | 130,149 | $15.3M | Reduce -4.2% |
| GOOGL Alphabet Inc. Class A | 0.82% | 48,813 | $15.3M | Add +3.7% |
| HD Home Depot Inc. | 0.81% | 43,974 | $15.1M | Add +0.7% |
| NVDA Nvidia Corp. | 0.79% | 79,196 | $14.8M | Add +4.2% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.76% | 586,946 | $14.3M | Add +12.2% |
| IBDR iShares Ibonds Dec 2026 Term | 0.70% | 539,916 | $13.1M | Add +11.1% |
| LLY Eli Lilly & Co. | 0.69% | 12,075 | $13.0M | Add +0.7% |
| VSGX Vanguard ESG Intl Stock ETF | 0.67% | 174,012 | $12.5M | Reduce -2.9% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.67% | 489,263 | $12.5M | Add +14.1% |
| URA Global X Uranium ETF | 0.64% | 281,004 | $12.0M | Reduce -12.9% |
| BBCA JPMorgan Betabuilders Canada | 0.64% | 128,464 | $11.9M | Add +0.8% |
| V Visa Inc. Class A | 0.61% | 32,564 | $11.4M | Add +4.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.60% | 37,188 | $11.3M | Add +3.7% |
| CAT Caterpillar Inc. | 0.60% | 19,515 | $11.2M | Add +1.0% |
| EWT iShares MSCI Taiwan ETF | 0.58% | 169,613 | $10.8M | Add +0.2% |
| WEX Wex Inc. | 0.53% | 65,963 | $9.8M | Add +0.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.53% | 13 | $9.8M | No change |
| BLK BlackRock Inc. | 0.51% | 8,959 | $9.6M | Add +1.1% |
| USXF iShares ESG Advance MSCI USA | 0.49% | 160,570 | $9.2M | Reduce -0.2% |
| INDA iShares MSCI India ETF | 0.49% | 168,025 | $9.1M | Reduce -0.1% |
| UNH Unitedhealth Group Inc. | 0.48% | 26,898 | $8.9M | Add +1.6% |
| WMT Walmart Inc. | 0.45% | 76,259 | $8.5M | Add +1.4% |
| XOM Exxon Mobil Corp. | 0.45% | 69,876 | $8.4M | Add +3.3% |
| STLD Steel Dynamics Inc. | 0.45% | 49,549 | $8.4M | Reduce -1.1% |
| ASML ASML Holding NV-NY Reg SHS | 0.45% | 7,823 | $8.4M | Add +7.7% |
| SOXX iShares Semiconductor ETF | 0.44% | 27,586 | $8.3M | Add +1.5% |
| GEM Goldman Sachs Activebeta Em | 0.44% | 197,963 | $8.2M | Reduce -1.8% |
| JNJ Johnson & Johnson | 0.41% | 37,463 | $7.8M | Add +0.6% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.41% | 36,149 | $7.7M | Reduce -1.3% |
| CVX Chevron Corp. | 0.41% | 49,671 | $7.6M | Reduce -12.4% |
| UBER Uber Technologies Inc. | 0.39% | 89,574 | $7.3M | Add +1.5% |
| XLP SS Consumer Staples Sel Sect | 0.39% | 93,393 | $7.3M | Reduce -0.3% |
| IBDU iShares Ibonds Dec 2029 Term | 0.38% | 304,717 | $7.1M | Add +25.5% |
| FHLC Fidelity MSCI Health Care | 0.38% | 95,740 | $7.1M | Add +5.8% |
| NEE Nextera Energy Inc. | 0.37% | 86,804 | $7.0M | Add +0.8% |
| XLI SS Industrial Select Sector | 0.37% | 44,774 | $6.9M | Reduce -2.0% |
| DE Deere & Co. | 0.35% | 14,079 | $6.6M | Add +0.2% |
| COST Costco Wholesale Corp. | 0.35% | 7,561 | $6.5M | Reduce -1.3% |
| CRM Salesforce Inc. | 0.35% | 24,581 | $6.5M | Reduce -0.5% |
| TMO Thermo Fisher Scientific Inc. | 0.34% | 10,841 | $6.3M | Add +1.5% |
| PLD Prologis Inc. | 0.33% | 48,398 | $6.2M | Reduce -0.7% |
| NSRGY Nestle SA-Spons ADR | 0.33% | 62,113 | $6.2M | Reduce -1.0% |
| APO Apollo Global Management Inc. | 0.33% | 42,594 | $6.2M | Add +3.0% |
| ESGU iShares ESG Aware MSCI USA | 0.33% | 40,814 | $6.1M | Reduce -6.6% |
| PG The Procter & Gamble Co. | 0.32% | 41,790 | $6.0M | Add +3.8% |
| FBND Fidelity Total Bond ETF | 0.32% | 128,928 | $5.9M | Add +3.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.32% | 20,393 | $5.9M | Add +0.9% |
| ADP Automatic Data Processing | 0.29% | 21,147 | $5.4M | Reduce -0.3% |
| CSCO Cisco Systems Inc. | 0.29% | 70,278 | $5.4M | Reduce -1.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.29% | 60,117 | $5.4M | Reduce -0.5% |
| ABT Abbott Laboratories | 0.27% | 39,517 | $5.0M | Reduce -1.1% |
| MRK Merck & Co. Inc. | 0.25% | 44,835 | $4.7M | Add +3.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.25% | 15,863 | $4.7M | Add +1.8% |
| IJR iShares Core S&P Small-Cap E | 0.24% | 37,134 | $4.5M | Reduce -0.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.24% | 60,515 | $4.5M | Add +2.2% |
| IDXX Idexx Laboratories Inc. | 0.24% | 6,517 | $4.4M | Add +50.3% |
| PEP Pepsico Inc. | 0.22% | 29,084 | $4.2M | Reduce -5.3% |
| MA Mastercard Inc. Class A | 0.22% | 7,306 | $4.2M | Add +1.9% |
| WELL Welltower Inc. | 0.22% | 22,200 | $4.1M | Reduce -1.3% |
| ABBV Abbvie Inc. | 0.21% | 17,336 | $4.0M | Add +4.2% |
| CHD Church & Dwight Co. Inc. | 0.21% | 46,840 | $3.9M | Reduce -0.3% |
| MCD McDonald's Corp. | 0.21% | 12,800 | $3.9M | Add +2.1% |
| GEHC GE Healthcare Technology | 0.20% | 46,010 | $3.8M | Add +1.4% |
| MFC Manulife Financial Corp. | 0.19% | 99,126 | $3.6M | Add +0.2% |
| AAXJ iShares MSCI All Country Asi | 0.19% | 37,601 | $3.5M | Reduce -3.4% |
| EMR Emerson Electric Co. | 0.18% | 25,178 | $3.3M | Add +4.1% |
| KMI Kinder Morgan Inc. | 0.17% | 115,498 | $3.2M | Add +0.1% |
| MDY State Street SPDR S&P Midcap | 0.16% | 5,056 | $3.0M | No change |
| GE General Electric filed as GE AEROSPACE | 0.16% | 9,626 | $3.0M | Add +19.7% |
| VEA Vanguard Ftse Developed ETF | 0.15% | 46,156 | $2.9M | Add +42.7% |
| TXN Texas Instruments Inc. | 0.15% | 16,221 | $2.8M | Reduce -5.2% |
| FTEC Fidelity MSCI Info Tech Indx | 0.15% | 12,317 | $2.8M | Reduce -0.1% |
| AMGN Amgen Inc. | 0.15% | 8,326 | $2.7M | Reduce -0.9% |
| ORCL Oracle Corp. | 0.14% | 13,515 | $2.6M | Reduce -3.3% |
Portfolio Sells Q3 2025 → Q4 2025
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.40 |
| URA Global X Uranium ETF | Reduce -12.9% | 0.64% | −0.21 |
| XLK SS Technology Select Sector | Reduce -0.7% | 6.14% | −0.13 |
| XLY SS Consumer Disc Select Sect | Reduce -3.1% | 1.26% | −0.09 |
| CVX Chevron Corp. | Reduce -12.4% | 0.41% | −0.08 |
| ORCL Oracle Corp. | Reduce -3.3% | 0.14% | −0.08 |
| XLC SS Comm Select Sector SPDR | Reduce -4.2% | 0.82% | −0.07 |
| SUSA iShares ESG Optimized MSCI U | Reduce -0.5% | 4.37% | −0.06 |
| ADP Automatic Data Processing | Reduce -0.3% | 0.29% | −0.05 |
| IBMN iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.05 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -1.1% | 1.29% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -1.3% | 0.35% | −0.04 |
| MMM 3M Co. | Reduce -0.8% | 3.45% | −0.04 |
| ABT Abbott Laboratories | Reduce -1.1% | 0.27% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -44.7% | 0.03% | −0.03 |
| ESGU iShares ESG Aware MSCI USA | Reduce -6.6% | 0.33% | −0.03 |
| TXN Texas Instruments Inc. | Reduce -5.2% | 0.15% | −0.02 |
| VSGX Vanguard ESG Intl Stock ETF | Reduce -2.9% | 0.67% | −0.02 |
| AVGO Broadcom Inc. | Reduce -3.5% | 0.96% | −0.02 |
| BX Blackstone Inc. | Reduce -4.0% | 0.11% | −0.02 |
| XLP SS Consumer Staples Sel Sect | Reduce -0.3% | 0.39% | −0.02 |
| XLI SS Industrial Select Sector | Reduce -2.0% | 0.37% | −0.02 |
| CHD Church & Dwight Co. Inc. | Reduce -0.3% | 0.21% | −0.02 |
| DD Dupont DE Nemours Inc. | Reduce -16.1% | 0.01% | −0.02 |
| USXF iShares ESG Advance MSCI USA | Reduce -0.2% | 0.49% | −0.02 |
| PEP Pepsico Inc. | Reduce -5.3% | 0.22% | −0.02 |
| GEM Goldman Sachs Activebeta Em | Reduce -1.8% | 0.44% | −0.01 |
| GIS General Mills Inc. | Sold out | 0.00% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -1.3% | 0.41% | −0.01 |
| DMAR FT Vest US Equity Deep Buffe | Sold out | 0.00% | −0.01 |
| CPRT Copart Inc. | Sold out | 0.00% | −0.01 |
| NEU Newmarket Corp. | Sold out | 0.00% | −0.01 |
| ESML iShares ESG Aware MSCI USA S | Sold out | 0.00% | −0.01 |
| GHC Graham Holdings Co. Class B | Sold out | 0.00% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -31.4% | 0.02% | −0.01 |
| CCI Crown Castle Inc. | Sold out | 0.00% | −0.01 |
| ALLE Allegion PLC | Sold out | 0.00% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -5.7% | 0.06% | −0.01 |
| AAXJ iShares MSCI All Country Asi | Reduce -3.4% | 0.19% | −0.01 |
| PFE Pfizer Inc. | Reduce -1.1% | 0.13% | −0.01 |
| DDEC FT Vest U.S. Equity Deep Buf | Reduce -9.6% | 0.08% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -4.4% | 0.13% | −0.01 |
| MDT Medtronic PLC | Reduce -3.6% | 0.11% | −0.01 |
| ITW Illinois Tool Works | Reduce -3.3% | 0.05% | −0.01 |
| PM Philip Morris International | Reduce -1.9% | 0.10% | −0.01 |
| MDLZ Mondelez International Inc. Class A | Reduce -1.9% | 0.03% | −0.01 |
| KLAC KLA Corp. | Reduce -32.5% | 0.02% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.0% | 0.24% | −0.01 |
| MPC Marathon Petroleum Corp. | Reduce -7.2% | 0.02% | −0.01 |
| TSLA Tesla Inc. | Reduce -6.2% | 0.06% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOG Alphabet Inc. Class C | Add +0.4% | 1.71% | +0.34 |
| LLY Eli Lilly & Co. | Add +0.7% | 0.69% | +0.19 |
| GOOGL Alphabet Inc. Class A | Add +3.7% | 0.82% | +0.18 |
| ARCC Ares Capital Corp. | Add +17.0% | 1.31% | +0.14 |
| AKRE Akre Focus ETF | New | 0.13% | +0.13 |
| AAPL Apple Inc. | Add +0.8% | 3.10% | +0.11 |
| XLV SS Health Care Select Sector | Add +0.3% | 1.53% | +0.11 |
| CAT Caterpillar Inc. | Add +1.0% | 0.60% | +0.09 |
| IDXX Idexx Laboratories Inc. | Add +50.3% | 0.24% | +0.08 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +2.0% | 9.30% | +0.07 |
| XLF SS Financial Select Sector | Add +6.4% | 1.58% | +0.07 |
| IBDU iShares Ibonds Dec 2029 Term | Add +25.5% | 0.38% | +0.07 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +4.4% | 1.88% | +0.06 |
| AMZN Amazon.com Inc. | Add +5.6% | 0.94% | +0.06 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +14.1% | 0.67% | +0.06 |
| ASML ASML Holding NV-NY Reg SHS | Add +7.7% | 0.45% | +0.06 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +12.2% | 0.76% | +0.06 |
| RTX RTX Corp. | Add +1.2% | 0.85% | +0.06 |
| MRK Merck & Co. Inc. | Add +3.2% | 0.25% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Add +3.7% | 0.60% | +0.05 |
| TMO Thermo Fisher Scientific Inc. | Add +1.5% | 0.34% | +0.05 |
| VEA Vanguard Ftse Developed ETF | Add +42.7% | 0.15% | +0.05 |
| IBDR iShares Ibonds Dec 2026 Term | Add +11.1% | 0.70% | +0.05 |
| FHLC Fidelity MSCI Health Care | Add +5.8% | 0.38% | +0.04 |
| SOXX iShares Semiconductor ETF | Add +1.5% | 0.44% | +0.04 |
| IBMS ISHARESIBONDDEC2030MUNIBDETF | New | 0.03% | +0.03 |
| JNJ Johnson & Johnson | Add +0.6% | 0.41% | +0.03 |
| BBHL BBH Select Large Cap ETF | New | 0.03% | +0.03 |
| XOM Exxon Mobil Corp. | Add +3.3% | 0.45% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +3.8% | 1.11% | +0.03 |
| NEAR iShares SH Dba ETF Usd Inc. | Add +47.0% | 0.08% | +0.02 |
| WMT Walmart Inc. | Add +1.4% | 0.45% | +0.02 |
| GE General Electric | Add +19.7% | 0.16% | +0.02 |
| APO Apollo Global Management Inc. | Add +3.0% | 0.33% | +0.02 |
| IBMR iShares Ibonds Dec 2029 M BD | Add +72.0% | 0.06% | +0.02 |
| KO The Coca-Cola Co. | Add +33.1% | 0.09% | +0.02 |
| BBCA JPMorgan Betabuilders Canada | Add +0.8% | 0.64% | +0.02 |
| IBDX iShares Ibonds Dec 2032 TC | New | 0.02% | +0.02 |
| MFC Manulife Financial Corp. | Add +0.2% | 0.19% | +0.02 |
| V Visa Inc. Class A | Add +4.1% | 0.61% | +0.02 |
| IBMT iShares Ibonds Dec 2031 Muni | New | 0.02% | +0.02 |
| PANW Palo Alto Networks Inc. | New | 0.02% | +0.02 |
| ET Energy Transfer LP | New | 0.02% | +0.02 |
| DHR Danaher Corp. | Add +19.4% | 0.06% | +0.02 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +25.8% | 0.09% | +0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +66.6% | 0.04% | +0.01 |
| ISRG Intuitive Surgical Inc. | New | 0.01% | +0.01 |
| GEV GE Vernova Inc. | Add +16.3% | 0.08% | +0.01 |
| WDAY Workday Inc. Class A | New | 0.01% | +0.01 |
| GEHC GE Healthcare Technology | Add +1.4% | 0.20% | +0.01 |
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 |