Talbot Financial, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 9, 2025), Talbot Financial, LLC reported 62 stock positions worth $798.3 million. Its top holding was Apple (AAPL) at 10.2% of the portfolio, followed by Microsoft (MSFT, 9.7%) and Amazon.com (AMZN, 5.5%). Compared with Q4 2024, it opened 4 new positions, sold out of 7, added to 12 and reduced 35. The biggest buy was Alphabet Class A (GOOGL, shares +1220%) and the biggest sale an exit from Alphabet Class C (GOOG).
- Most Recent 13F
- Q2 2026
- Location
- BELLEVUE, WA
- CIK
- 0001966180
- Portfolio Value
- $798.3M (Q1 2025)
- SEC Filing
- 0001966180-25-000003 ↗ filed Apr 9, 2025
Holdings Value
Holdings 62 stocks · $798.3M
| AAPL Apple Inc. | 10.19% | 366,370 | $81.4M | Reduce -1.2% |
| MSFT Microsoft Corp. | 9.74% | 207,167 | $77.8M | Reduce -0.3% |
| AMZN Amazon.com Inc. | 5.50% | 230,792 | $43.9M | Reduce -1.5% |
| GOOGL Alphabet Inc. Class A | 3.75% | 191,688 | $29.9M | Add +1220.1% |
| NVDA Nvidia Corp. | 3.14% | 231,385 | $25.1M | Add +0.8% |
| JPM JPMorgan Chase & Co. | 2.88% | 93,740 | $23.0M | Reduce -2.4% |
| GS Goldman Sachs Group Inc. | 2.78% | 40,582 | $22.2M | Reduce -1.4% |
| ABBV Abbvie Inc. | 2.47% | 94,232 | $19.7M | Reduce -2.4% |
| INTU Intuit Inc. | 2.45% | 31,906 | $19.6M | Reduce -3.3% |
| CVX Chevron Corp. | 2.38% | 113,582 | $19.0M | Reduce -0.0% |
| V Visa Inc. Class A | 2.34% | 53,391 | $18.7M | Reduce -2.5% |
| LLY Eli Lilly & Co. | 2.17% | 21,016 | $17.4M | Reduce -1.2% |
| AMAT Applied Materials Inc. | 2.14% | 117,862 | $17.1M | Add +0.4% |
| JNJ Johnson & Johnson | 2.12% | 102,031 | $16.9M | Add +0.8% |
| CRM Salesforce Inc. | 2.06% | 61,151 | $16.4M | Reduce -1.7% |
| SYK Stryker Corp. | 2.05% | 43,920 | $16.3M | Reduce -1.8% |
| CB Chubb Ltd. | 2.03% | 53,583 | $16.2M | Reduce -0.1% |
| COST Costco Wholesale Corp. | 2.02% | 17,084 | $16.2M | Reduce -4.2% |
| HON Honeywell International Inc. | 1.92% | 72,483 | $15.3M | Add +18.3% |
| NFLX Netflix Inc. | 1.80% | 15,406 | $14.4M | Reduce -2.0% |
| ADBE Adobe Inc. | 1.76% | 36,625 | $14.0M | Reduce -1.2% |
| HD Home Depot Inc. | 1.75% | 38,142 | $14.0M | Reduce -2.0% |
| AMGN Amgen Inc. | 1.65% | 42,156 | $13.1M | Reduce -1.5% |
| NOC Northrop Grumman Corp. | 1.64% | 25,602 | $13.1M | Reduce -0.4% |
| SCHW Schwab (charles) Corp. | 1.56% | 158,661 | $12.4M | Reduce -2.1% |
| MDT Medtronic PLC | 1.52% | 134,727 | $12.1M | Add +0.9% |
| PG The Procter & Gamble Co. | 1.47% | 68,834 | $11.7M | Reduce -1.4% |
| CSCO Cisco Systems Inc. | 1.43% | 185,526 | $11.4M | Reduce -2.9% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 1.42% | 32,905 | $11.4M | Reduce -2.4% |
| BLK BlackRock Finance Inc. | 1.39% | 11,753 | $11.1M | Reduce -1.4% |
| SNPS Synopsys Inc. | 1.29% | 24,022 | $10.3M | Reduce -0.3% |
| TRV The Travelers Cos Inc. | 1.25% | 37,708 | $10.0M | Reduce -43.5% |
| NOW ServiceNow Inc. | 1.17% | 11,773 | $9.4M | Add +2.2% |
| T AT&T Inc. | 1.17% | 329,816 | $9.3M | Reduce -2.8% |
| MRK Merck & Co. Inc. | 1.13% | 100,464 | $9.0M | Add +5.3% |
| TMO Thermo Fisher Scientific Inc. | 1.08% | 17,402 | $8.7M | Reduce -1.0% |
| MA Mastercard Inc. Class A | 1.08% | 15,675 | $8.6M | Reduce -2.7% |
| AVGO Broadcom Inc. | 1.07% | 51,054 | $8.5M | Reduce -1.0% |
| PEP Pepsico Inc. | 1.05% | 56,133 | $8.4M | Add +1.9% |
| PFE Pfizer Inc. | 1.05% | 329,474 | $8.3M | Add +3.3% |
| EMR Emerson Electric Co. | 1.05% | 76,142 | $8.3M | Reduce -1.6% |
| MCD McDonald's Corp. | 1.02% | 26,115 | $8.2M | Reduce -2.4% |
| UBER Uber Technologies Inc. | 0.95% | 104,198 | $7.6M | Reduce -2.8% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.89% | 101,840 | $7.1M | Add +115.5% |
| GEV GE Vernova Inc. | 0.84% | 21,942 | $6.7M | New |
| ROK Rockwell Automation Inc. | 0.83% | 25,715 | $6.6M | Reduce -2.4% |
| FFIV F5 Inc. | 0.53% | 15,767 | $4.2M | New |
| WAFD Wafd Inc. | 0.28% | 77,586 | $2.2M | Add +4.4% |
| SHW The Sherwin-Williams Co. | 0.14% | 3,176 | $1.1M | Reduce -31.5% |
| WK Workiva Inc. | 0.10% | 10,500 | $797K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.09% | 1,301 | $693K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.07% | 2,300 | $572K | No change |
| XOM Exxon Mobil Corp. | 0.06% | 3,800 | $452K | No change |
| UNP Union Pacific Corp. | 0.04% | 1,300 | $307K | No change |
| ADP Automatic Data Processing | 0.03% | 900 | $275K | No change |
| PROV Provident Financial Hldgs | 0.03% | 17,850 | $260K | No change |
| CDNS Cadence Design SYS Inc. | 0.03% | 1,000 | $254K | No change |
| AXP American Express Co. | 0.03% | 900 | $242K | No change |
| WMT Walmart Inc. | 0.03% | 2,745 | $241K | No change |
| MCK McKesson Corp. | 0.03% | 351 | $236K | No change |
| EXPD Expeditors Intl Wash Inc. | 0.03% | 1,750 | $210K | New |
| BSX Boston Scientific Corp. | 0.03% | 2,019 | $204K | New |
Portfolio Sells Q4 2024 → Q1 2025
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −4.08 |
| AAPL Apple Inc. | Reduce -1.2% | 10.19% | −0.85 |
| MSFT Microsoft Corp. | Reduce -0.3% | 9.74% | −0.68 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.67 |
| TRV The Travelers Cos Inc. | Reduce -43.5% | 1.25% | −0.66 |
| AMZN Amazon.com Inc. | Reduce -1.5% | 5.50% | −0.61 |
| CRM Salesforce Inc. | Reduce -1.7% | 2.06% | −0.42 |
| AVGO Broadcom Inc. | Reduce -1.0% | 1.07% | −0.35 |
| ADBE Adobe Inc. | Reduce -1.2% | 1.76% | −0.20 |
| SNPS Synopsys Inc. | Reduce -0.3% | 1.29% | −0.10 |
| EMR Emerson Electric Co. | Reduce -1.6% | 1.05% | −0.09 |
| ROK Rockwell Automation Inc. | Reduce -2.4% | 0.83% | −0.06 |
| BLK BlackRock Finance Inc. | Reduce -1.4% | 1.39% | −0.06 |
| HD Home Depot Inc. | Reduce -2.0% | 1.75% | −0.05 |
| SHW The Sherwin-Williams Co. | Reduce -31.5% | 0.14% | −0.05 |
| TXT Textron Inc. | Sold out | 0.00% | −0.04 |
| TMDX Transmedics Group Inc. | Sold out | 0.00% | −0.04 |
| ASPN Aspen Aerogels Inc. | Sold out | 0.00% | −0.03 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.03 |
| GS Goldman Sachs Group Inc. | Reduce -1.4% | 2.78% | −0.02 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.02 |
| INTU Intuit Inc. | Reduce -3.3% | 2.45% | −0.01 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.0% | 1.08% | −0.00 |
| MA Mastercard Inc. Class A | Reduce -2.7% | 1.08% | +0.07 |
| PG The Procter & Gamble Co. | Reduce -1.4% | 1.47% | +0.08 |
| COST Costco Wholesale Corp. | Reduce -4.2% | 2.02% | +0.08 |
| CSCO Cisco Systems Inc. | Reduce -2.9% | 1.43% | +0.09 |
| MCD McDonald's Corp. | Reduce -2.4% | 1.02% | +0.10 |
| SCHW Schwab (charles) Corp. | Reduce -2.1% | 1.56% | +0.13 |
| SYK Stryker Corp. | Reduce -1.8% | 2.05% | +0.13 |
| NFLX Netflix Inc. | Reduce -2.0% | 1.80% | +0.13 |
| JPM JPMorgan Chase & Co. | Reduce -2.4% | 2.88% | +0.14 |
| UBER Uber Technologies Inc. | Reduce -2.8% | 0.95% | +0.18 |
| NOC Northrop Grumman Corp. | Reduce -0.4% | 1.64% | +0.21 |
| LLY Eli Lilly & Co. | Reduce -1.2% | 2.17% | +0.22 |
| T AT&T Inc. | Reduce -2.8% | 1.17% | +0.25 |
| CB Chubb Ltd. | Reduce -0.1% | 2.03% | +0.26 |
| V Visa Inc. Class A | Reduce -2.5% | 2.34% | +0.28 |
| AJG Arthur J Gallagher & Co. | Reduce -2.4% | 1.42% | +0.29 |
| AMGN Amgen Inc. | Reduce -1.5% | 1.65% | +0.32 |
| CVX Chevron Corp. | Reduce -0.0% | 2.38% | +0.42 |
| ABBV Abbvie Inc. | Reduce -2.4% | 2.47% | +0.43 |
Portfolio Buys Q4 2024 → Q1 2025
| GOOGL Alphabet Inc. Class A | Add +1220.1% | 3.75% | +3.42 |
| GEV GE Vernova Inc. | New | 0.84% | +0.84 |
| FFIV F5 Inc. | New | 0.53% | +0.53 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +115.5% | 0.89% | +0.40 |
| JNJ Johnson & Johnson | Add +0.8% | 2.12% | +0.38 |
| HON Honeywell International Inc. | Add +18.3% | 1.92% | +0.28 |
| MDT Medtronic PLC | Add +0.9% | 1.52% | +0.25 |
| PEP Pepsico Inc. | Add +1.9% | 1.05% | +0.06 |
| PFE Pfizer Inc. | Add +3.3% | 1.05% | +0.04 |
| EXPD Expeditors Intl Wash Inc. | New | 0.03% | +0.03 |
| BSX Boston Scientific Corp. | New | 0.03% | +0.03 |
| MRK Merck & Co. Inc. | Add +5.3% | 1.13% | +0.00 |
| WAFD Wafd Inc. | Add +4.4% | 0.28% | −0.01 |
| AMAT Applied Materials Inc. | Add +0.4% | 2.14% | −0.13 |
| NOW ServiceNow Inc. | Add +2.2% | 1.17% | −0.28 |
| NVDA Nvidia Corp. | Add +0.8% | 3.14% | −0.52 |
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 |