Talbot Financial, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 13, 2025), Talbot Financial, LLC reported 65 stock positions worth $840.8 million. Its top holding was Apple (AAPL) at 11.0% of the portfolio, followed by Microsoft (MSFT, 10.4%) and Amazon.com (AMZN, 6.1%). Compared with Q3 2024, it opened 6 new positions, sold out of 2, added to 28 and reduced 19. The biggest buy was a new position in Novo-Nordisk A/S-Spons ADR (NVO) and the biggest sale an exit from Conocophillips (COP).
- Most Recent 13F
- Q2 2026
- Location
- BELLEVUE, WA
- CIK
- 0001966180
- Portfolio Value
- $840.8M (Q4 2024)
- SEC Filing
- 0001966180-25-000001 ↗ filed Jan 13, 2025
Holdings Value
Holdings 65 stocks · $840.8M
| AAPL Apple Inc. | 11.05% | 370,988 | $92.9M | Reduce -2.1% |
| MSFT Microsoft Corp. | 10.42% | 207,854 | $87.6M | Add +0.6% |
| AMZN Amazon.com Inc. | 6.11% | 234,240 | $51.4M | Reduce -12.2% |
| GOOG Alphabet Inc. Class C | 4.08% | 180,054 | $34.3M | Reduce -4.3% |
| NVDA Nvidia Corp. | 3.67% | 229,497 | $30.8M | Reduce -1.3% |
| GS Goldman Sachs Group Inc. | 2.80% | 41,142 | $23.6M | Add +1.1% |
| JPM JPMorgan Chase & Co. | 2.74% | 96,049 | $23.0M | Reduce -0.4% |
| CRM Salesforce Inc. | 2.47% | 62,229 | $20.8M | Reduce -2.6% |
| INTU Intuit Inc. | 2.47% | 32,989 | $20.7M | Reduce -1.3% |
| AMAT Applied Materials Inc. | 2.27% | 117,361 | $19.1M | Add +4.6% |
| V Visa Inc. Class A | 2.06% | 54,784 | $17.3M | Reduce -0.7% |
| ABBV Abbvie Inc. | 2.04% | 96,509 | $17.1M | Add +4.9% |
| ADBE Adobe Inc. | 1.96% | 37,064 | $16.5M | Reduce -0.9% |
| CVX Chevron Corp. | 1.96% | 113,598 | $16.5M | Add +3.2% |
| LLY Eli Lilly & Co. | 1.95% | 21,276 | $16.4M | Add +24.6% |
| COST Costco Wholesale Corp. | 1.94% | 17,837 | $16.3M | Reduce -7.6% |
| SYK Stryker Corp. | 1.92% | 44,722 | $16.1M | Add +0.7% |
| TRV The Travelers Cos Inc. | 1.91% | 66,743 | $16.1M | Add +2.6% |
| HD Home Depot Inc. | 1.80% | 38,926 | $15.1M | Add +1.3% |
| CB Chubb Ltd. | 1.76% | 53,666 | $14.8M | Add +2.3% |
| JNJ Johnson & Johnson | 1.74% | 101,236 | $14.6M | Add +2.8% |
| NFLX Netflix Inc. | 1.67% | 15,720 | $14.0M | Reduce -3.3% |
| HON Honeywell International Inc. | 1.65% | 61,282 | $13.8M | Add +0.9% |
| NOW ServiceNow Inc. | 1.45% | 11,524 | $12.2M | Reduce -3.0% |
| BLK BlackRock Finance Inc. | 1.45% | 11,914 | $12.2M | Reduce -2.6% |
| NOC Northrop Grumman Corp. | 1.43% | 25,696 | $12.1M | Add +2.8% |
| SCHW Schwab (charles) Corp. | 1.43% | 162,081 | $12.0M | Reduce -0.9% |
| AVGO Broadcom Inc. | 1.42% | 51,551 | $12.0M | Reduce -0.4% |
| PG The Procter & Gamble Co. | 1.39% | 69,780 | $11.7M | Add +1.8% |
| SNPS Synopsys Inc. | 1.39% | 24,083 | $11.7M | Add +3.1% |
| CSCO Cisco Systems Inc. | 1.35% | 191,130 | $11.3M | Add +0.7% |
| AMGN Amgen Inc. | 1.33% | 42,791 | $11.2M | Add +5.6% |
| MDT Medtronic PLC | 1.27% | 133,453 | $10.7M | Add +6.4% |
| EMR Emerson Electric Co. | 1.14% | 77,391 | $9.6M | Add +0.7% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 1.14% | 33,712 | $9.6M | Reduce -0.6% |
| MRK Merck & Co. Inc. | 1.13% | 95,426 | $9.5M | Add +4.3% |
| TMO Thermo Fisher Scientific Inc. | 1.09% | 17,582 | $9.1M | Add +6.4% |
| MA Mastercard Inc. Class A | 1.01% | 16,110 | $8.5M | Reduce -0.9% |
| PFE Pfizer Inc. | 1.01% | 318,954 | $8.5M | Add +4.5% |
| PEP Pepsico Inc. | 1.00% | 55,083 | $8.4M | Add +1.5% |
| MCD McDonald's Corp. | 0.92% | 26,748 | $7.8M | Add +2.0% |
| T AT&T Inc. | 0.92% | 339,242 | $7.7M | Add +0.3% |
| ROK Rockwell Automation Inc. | 0.90% | 26,342 | $7.5M | Add +2.1% |
| UBER Uber Technologies Inc. | 0.77% | 107,224 | $6.5M | Add +2.3% |
| BMY Bristol-Myers Squibb Co. | 0.67% | 99,996 | $5.7M | Add +6.2% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.48% | 47,266 | $4.1M | New |
| GOOGL Alphabet Inc. Class A | 0.33% | 14,521 | $2.7M | Reduce -3.8% |
| WAFD Wafd Inc. | 0.28% | 74,298 | $2.4M | No change |
| SHW The Sherwin-Williams Co. | 0.19% | 4,636 | $1.6M | No change |
| WK Workiva Inc. | 0.14% | 10,500 | $1.1M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.07% | 1,301 | $590K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.06% | 2,300 | $506K | Reduce -1.8% |
| XOM Exxon Mobil Corp. | 0.05% | 3,800 | $409K | No change |
| TXT Textron Inc. | 0.04% | 4,274 | $327K | New |
| CDNS Cadence Design SYS Inc. | 0.04% | 1,000 | $300K | New |
| TMDX Transmedics Group Inc. | 0.04% | 4,812 | $300K | New |
| UNP Union Pacific Corp. | 0.04% | 1,300 | $296K | No change |
| PROV Provident Financial Hldgs | 0.03% | 17,850 | $284K | No change |
| AXP American Express Co. | 0.03% | 900 | $267K | No change |
| ADP Automatic Data Processing | 0.03% | 900 | $263K | No change |
| ASPN Aspen Aerogels Inc. | 0.03% | 21,130 | $251K | New |
| WMT Walmart Inc. | 0.03% | 2,745 | $248K | No change |
| ORCL Oracle Corp. | 0.03% | 1,300 | $217K | No change |
| LMT Lockheed Martin Corp. | 0.02% | 423 | $206K | No change |
| MCK McKesson Corp. | 0.02% | 351 | $200K | New |
Portfolio Sells Q3 2024 → Q4 2024
| COP Conocophillips | Sold out | 0.00% | −0.66 |
| ADBE Adobe Inc. | Reduce -0.9% | 1.96% | −0.40 |
| COST Costco Wholesale Corp. | Reduce -7.6% | 1.94% | −0.14 |
| COLB Columbia Banking System Inc. | Sold out | 0.00% | −0.11 |
| INTU Intuit Inc. | Reduce -1.3% | 2.47% | −0.06 |
| AJG Arthur J Gallagher & Co. | Reduce -0.6% | 1.14% | −0.02 |
| IBM Intl Business Machines Corp. | Reduce -1.8% | 0.06% | −0.00 |
| GOOGL Alphabet Inc. Class A | Reduce -3.8% | 0.33% | +0.02 |
| MA Mastercard Inc. Class A | Reduce -0.9% | 1.01% | +0.03 |
| BLK BlackRock Finance Inc. | Reduce -2.6% | 1.45% | +0.04 |
| AMZN Amazon.com Inc. | Reduce -12.2% | 6.11% | +0.06 |
| SCHW Schwab (charles) Corp. | Reduce -0.9% | 1.43% | +0.14 |
| NOW ServiceNow Inc. | Reduce -3.0% | 1.45% | +0.16 |
| V Visa Inc. Class A | Reduce -0.7% | 2.06% | +0.21 |
| NVDA Nvidia Corp. | Reduce -1.3% | 3.67% | +0.23 |
| GOOG Alphabet Inc. Class C | Reduce -4.3% | 4.08% | +0.25 |
| NFLX Netflix Inc. | Reduce -3.3% | 1.67% | +0.26 |
| JPM JPMorgan Chase & Co. | Reduce -0.4% | 2.74% | +0.26 |
| AAPL Apple Inc. | Reduce -2.1% | 11.05% | +0.30 |
| AVGO Broadcom Inc. | Reduce -0.4% | 1.42% | +0.33 |
| CRM Salesforce Inc. | Reduce -2.6% | 2.47% | +0.35 |
Portfolio Buys Q3 2024 → Q4 2024
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.48% | +0.48 |
| GS Goldman Sachs Group Inc. | Add +1.1% | 2.80% | +0.35 |
| HON Honeywell International Inc. | Add +0.9% | 1.65% | +0.12 |
| EMR Emerson Electric Co. | Add +0.7% | 1.14% | +0.12 |
| CSCO Cisco Systems Inc. | Add +0.7% | 1.35% | +0.12 |
| LLY Eli Lilly & Co. | Add +24.6% | 1.95% | +0.11 |
| BMY Bristol-Myers Squibb Co. | Add +6.2% | 0.67% | +0.08 |
| TRV The Travelers Cos Inc. | Add +2.6% | 1.91% | +0.06 |
| ROK Rockwell Automation Inc. | Add +2.1% | 0.90% | +0.05 |
| TXT Textron Inc. | New | 0.04% | +0.04 |
| CDNS Cadence Design SYS Inc. | New | 0.04% | +0.04 |
| TMDX Transmedics Group Inc. | New | 0.04% | +0.04 |
| ASPN Aspen Aerogels Inc. | New | 0.03% | +0.03 |
| MCK McKesson Corp. | New | 0.02% | +0.02 |
| T AT&T Inc. | Add +0.3% | 0.92% | +0.01 |
| CVX Chevron Corp. | Add +3.2% | 1.96% | −0.02 |
| SYK Stryker Corp. | Add +0.7% | 1.92% | −0.04 |
| SNPS Synopsys Inc. | Add +3.1% | 1.39% | −0.05 |
| MCD McDonald's Corp. | Add +2.0% | 0.92% | −0.05 |
| PG The Procter & Gamble Co. | Add +1.8% | 1.39% | −0.05 |
| PFE Pfizer Inc. | Add +4.5% | 1.01% | −0.07 |
| CB Chubb Ltd. | Add +2.3% | 1.76% | −0.08 |
| HD Home Depot Inc. | Add +1.3% | 1.80% | −0.10 |
| MDT Medtronic PLC | Add +6.4% | 1.27% | −0.11 |
| PEP Pepsico Inc. | Add +1.5% | 1.00% | −0.13 |
| MRK Merck & Co. Inc. | Add +4.3% | 1.13% | −0.14 |
| TMO Thermo Fisher Scientific Inc. | Add +6.4% | 1.09% | −0.16 |
| ABBV Abbvie Inc. | Add +4.9% | 2.04% | −0.17 |
| NOC Northrop Grumman Corp. | Add +2.8% | 1.43% | −0.17 |
| UBER Uber Technologies Inc. | Add +2.3% | 0.77% | −0.19 |
| JNJ Johnson & Johnson | Add +2.8% | 1.74% | −0.20 |
| AMGN Amgen Inc. | Add +5.6% | 1.33% | −0.26 |
| MSFT Microsoft Corp. | Add +0.6% | 10.42% | −0.41 |
| AMAT Applied Materials Inc. | Add +4.6% | 2.27% | −0.49 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 71 | $1.4B | AAPL, AMAT, MSFT, GOOG, NVDA |
| Q1 2026 | 66 | $1.2B | AAPL, MSFT, GOOG, AMZN, NVDA |
| Q4 2025 | 68 | $1.2B | MSFT, AAPL, GOOG, AMZN, NVDA |
| Q3 2025 | 67 | $1.2B | MSFT, AAPL, AMZN, GOOG, NVDA |
| Q2 2025 | 63 | $1.1B | MSFT, AAPL, AMZN, NVDA, GOOGL |
| Q1 2025 | 62 | $798.3M | AAPL, MSFT, AMZN, GOOGL, NVDA |
| Q4 2024 | 65 | $840.8M | AAPL, MSFT, AMZN, GOOG, NVDA |
| Q3 2024 | 61 | $821.4M | MSFT, AAPL, AMZN, GOOG, NVDA |
| Q2 2024 | 58 | $774.8M | MSFT, AAPL, AMZN, GOOG, AMAT |
| Q1 2024 | 60 | $747.4M | MSFT, AAPL, AMZN, GOOG, AMAT |