Talbot Financial, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 8, 2025), Talbot Financial, LLC reported 67 stock positions worth $1.2 billion. Its top holding was Microsoft (MSFT) at 10.8% of the portfolio, followed by Apple (AAPL, 9.1%) and Amazon.com (AMZN, 5.2%). Compared with Q2 2025, it opened 7 new positions, sold out of 3, added to 42 and reduced 5. The biggest buy was a new position in Alphabet Class C (GOOG) and the biggest sale Alphabet Class A (GOOGL, shares −94%).
- Most Recent 13F
- Q2 2026
- Location
- BELLEVUE, WA
- CIK
- 0001966180
- Portfolio Value
- $1.2B (Q3 2025)
- SEC Filing
- 0001966180-25-000006 ↗ filed Oct 8, 2025
Holdings Value
Holdings 67 stocks · $1.2B
| MSFT Microsoft Corp. | 10.85% | 247,472 | $128.2M | Add +3.3% |
| AAPL Apple Inc. | 9.12% | 423,177 | $107.8M | Add +1.1% |
| AMZN Amazon.com Inc. | 5.20% | 279,583 | $61.4M | Add +2.8% |
| GOOG Alphabet Inc. Class C | 4.47% | 217,066 | $52.9M | New |
| NVDA Nvidia Corp. | 4.36% | 276,117 | $51.5M | Add +2.8% |
| GS Goldman Sachs Group Inc. | 3.21% | 47,616 | $37.9M | Add +0.5% |
| JPM JPMorgan Chase & Co. | 2.90% | 108,558 | $34.2M | Add +1.2% |
| AMAT Applied Materials Inc. | 2.75% | 158,459 | $32.4M | Add +8.9% |
| ABBV Abbvie Inc. | 2.37% | 120,884 | $28.0M | Add +3.9% |
| LLY Eli Lilly & Co. | 2.35% | 36,334 | $27.7M | Add +34.1% |
| INTU Intuit Inc. | 2.28% | 39,409 | $26.9M | Add +8.2% |
| JNJ Johnson & Johnson | 2.17% | 138,424 | $25.7M | Add +4.6% |
| CVX Chevron Corp. | 2.02% | 153,927 | $23.9M | Add +4.7% |
| V Visa Inc. Class A | 1.88% | 65,181 | $22.3M | Add +3.7% |
| AVGO Broadcom Inc. | 1.85% | 66,113 | $21.8M | Reduce -0.3% |
| CRM Salesforce Inc. | 1.79% | 89,490 | $21.2M | Add +13.5% |
| NFLX Netflix Inc. | 1.76% | 17,390 | $20.8M | Add +2.4% |
| SYK Stryker Corp. | 1.74% | 55,738 | $20.6M | Add +3.7% |
| HD Home Depot Inc. | 1.73% | 50,398 | $20.4M | Add +4.8% |
| COST Costco Wholesale Corp. | 1.67% | 21,292 | $19.7M | Add +8.0% |
| HON Honeywell International Inc. | 1.64% | 91,917 | $19.3M | Add +5.0% |
| CB Chubb Ltd. | 1.64% | 68,481 | $19.3M | Add +6.2% |
| NOC Northrop Grumman Corp. | 1.61% | 31,181 | $19.0M | Reduce -0.5% |
| NOW ServiceNow Inc. | 1.57% | 20,132 | $18.5M | Add +39.3% |
| SCHW Schwab (charles) Corp. | 1.56% | 192,691 | $18.4M | Add +4.4% |
| MDT Medtronic PLC | 1.54% | 190,722 | $18.2M | Add +7.1% |
| ADBE Adobe Inc. | 1.53% | 51,276 | $18.1M | Add +11.1% |
| SNPS Synopsys Inc. | 1.53% | 36,587 | $18.1M | Add +23.3% |
| BLK BlackRock Inc. | 1.43% | 14,514 | $16.9M | Add +1.7% |
| AMGN Amgen Inc. | 1.40% | 58,661 | $16.6M | Add +11.1% |
| CSCO Cisco Systems Inc. | 1.36% | 234,822 | $16.1M | Add +5.4% |
| GEV GE Vernova Inc. | 1.25% | 24,043 | $14.8M | Add +0.8% |
| PG The Procter & Gamble Co. | 1.22% | 94,076 | $14.5M | Add +6.3% |
| EMR Emerson Electric Co. | 1.16% | 104,836 | $13.8M | Add +3.7% |
| MRK Merck & Co. Inc. | 1.09% | 154,125 | $12.9M | Add +9.3% |
| TMO Thermo Fisher Scientific Inc. | 1.08% | 26,387 | $12.8M | Add +7.7% |
| TRV The Travelers Cos Inc. | 1.08% | 45,587 | $12.7M | Add +3.2% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 1.04% | 39,858 | $12.3M | Add +4.6% |
| UBER Uber Technologies Inc. | 1.03% | 124,288 | $12.2M | Add +1.4% |
| PEP Pepsico Inc. | 0.96% | 80,565 | $11.3M | Add +7.8% |
| T AT&T Inc. | 0.96% | 400,171 | $11.3M | Add +2.9% |
| ROK Rockwell Automation Inc. | 0.95% | 32,270 | $11.3M | Add +7.9% |
| MA Mastercard Inc. Class A | 0.94% | 19,562 | $11.1M | Add +3.0% |
| MCD McDonald's Corp. | 0.90% | 35,059 | $10.7M | Add +6.3% |
| WFC Wells Fargo & Co. | 0.83% | 117,249 | $9.8M | New |
| NVO Novo-Nordisk A/S-Spons ADR | 0.65% | 138,104 | $7.7M | Add +10.5% |
| FFIV F5 Inc. | 0.38% | 13,917 | $4.5M | Reduce -11.7% |
| GOOGL Alphabet Inc. Class A | 0.29% | 14,237 | $3.5M | Reduce -93.8% |
| WAFD Wafd Inc. | 0.20% | 77,586 | $2.4M | No change |
| XOM Exxon Mobil Corp. | 0.12% | 13,000 | $1.5M | Reduce -1.5% |
| SHW The Sherwin-Williams Co. | 0.09% | 3,176 | $1.1M | No change |
| WK Workiva Inc. | 0.08% | 10,500 | $904K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.06% | 1,301 | $654K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.05% | 2,300 | $649K | No change |
| ABT Abbott Laboratories | 0.03% | 2,804 | $376K | New |
| ORCL Oracle Corp. | 0.03% | 1,300 | $366K | No change |
| CDNS Cadence Design SYS Inc. | 0.03% | 1,000 | $351K | No change |
| UNP Union Pacific Corp. | 0.03% | 1,300 | $307K | No change |
| AXP American Express Co. | 0.03% | 900 | $299K | No change |
| WMT Walmart Inc. | 0.02% | 2,745 | $283K | No change |
| MCK McKesson Corp. | 0.02% | 351 | $271K | No change |
| ADP Automatic Data Processing | 0.02% | 900 | $264K | No change |
| FNMA Fannie Mae filed as FEDERAL NATL MTG ASSN COM | 0.02% | 21,400 | $258K | New |
| EXPD Expeditors Intl Wash Inc. | 0.02% | 1,750 | $215K | New |
| LMT Lockheed Martin Corp. | 0.02% | 423 | $211K | New |
| BA The Boeing Co. | 0.02% | 950 | $205K | New |
| META Meta Platforms Inc. Class A | 0.02% | 277 | $203K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| GOOGL Alphabet Inc. Class A | Reduce -93.8% | 0.29% | −3.56 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.98 |
| FFIV F5 Inc. | Reduce -11.7% | 0.38% | −0.06 |
| PROV Provident Financial Hldgs | Sold out | 0.00% | −0.03 |
| BSX Boston Scientific Corp. | Sold out | 0.00% | −0.02 |
| XOM Exxon Mobil Corp. | Reduce -1.5% | 0.12% | −0.01 |
| AVGO Broadcom Inc. | Reduce -0.3% | 1.85% | +0.12 |
| NOC Northrop Grumman Corp. | Reduce -0.5% | 1.61% | +0.12 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOG Alphabet Inc. Class C | New | 4.47% | +4.47 |
| AAPL Apple Inc. | Add +1.1% | 9.12% | +0.99 |
| WFC Wells Fargo & Co. | New | 0.83% | +0.83 |
| LLY Eli Lilly & Co. | Add +34.1% | 2.35% | +0.35 |
| NVDA Nvidia Corp. | Add +2.8% | 4.36% | +0.34 |
| ABBV Abbvie Inc. | Add +3.9% | 2.37% | +0.32 |
| JNJ Johnson & Johnson | Add +4.6% | 2.17% | +0.26 |
| AMAT Applied Materials Inc. | Add +8.9% | 2.75% | +0.22 |
| NOW ServiceNow Inc. | Add +39.3% | 1.57% | +0.16 |
| TMO Thermo Fisher Scientific Inc. | Add +7.7% | 1.08% | +0.14 |
| SNPS Synopsys Inc. | Add +23.3% | 1.53% | +0.09 |
| MDT Medtronic PLC | Add +7.1% | 1.54% | +0.07 |
| HD Home Depot Inc. | Add +4.8% | 1.73% | +0.06 |
| GEV GE Vernova Inc. | Add +0.8% | 1.25% | +0.06 |
| MRK Merck & Co. Inc. | Add +9.3% | 1.09% | +0.04 |
| GS Goldman Sachs Group Inc. | Add +0.5% | 3.21% | +0.04 |
| ABT Abbott Laboratories | New | 0.03% | +0.03 |
| CVX Chevron Corp. | Add +4.7% | 2.02% | +0.03 |
| PEP Pepsico Inc. | Add +7.8% | 0.96% | +0.02 |
| FNMA Fannie Mae | New | 0.02% | +0.02 |
| EXPD Expeditors Intl Wash Inc. | New | 0.02% | +0.02 |
| LMT Lockheed Martin Corp. | New | 0.02% | +0.02 |
| BA The Boeing Co. | New | 0.02% | +0.02 |
| BLK BlackRock Inc. | Add +1.7% | 1.43% | +0.01 |
| ROK Rockwell Automation Inc. | Add +7.9% | 0.95% | +0.01 |
| AMGN Amgen Inc. | Add +11.1% | 1.40% | +0.00 |
| MCD McDonald's Corp. | Add +6.3% | 0.90% | −0.01 |
| SCHW Schwab (charles) Corp. | Add +4.4% | 1.56% | −0.04 |
| TRV The Travelers Cos Inc. | Add +3.2% | 1.08% | −0.04 |
| JPM JPMorgan Chase & Co. | Add +1.2% | 2.90% | −0.05 |
| UBER Uber Technologies Inc. | Add +1.4% | 1.03% | −0.05 |
| MA Mastercard Inc. Class A | Add +3.0% | 0.94% | −0.07 |
| CSCO Cisco Systems Inc. | Add +5.4% | 1.36% | −0.10 |
| T AT&T Inc. | Add +2.9% | 0.96% | −0.11 |
| AJG Arthur J Gallagher & Co. | Add +4.6% | 1.04% | −0.11 |
| PG The Procter & Gamble Co. | Add +6.3% | 1.22% | −0.11 |
| EMR Emerson Electric Co. | Add +3.7% | 1.16% | −0.11 |
| CB Chubb Ltd. | Add +6.2% | 1.64% | −0.13 |
| ADBE Adobe Inc. | Add +11.1% | 1.53% | −0.16 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +10.5% | 0.65% | −0.17 |
| COST Costco Wholesale Corp. | Add +8.0% | 1.67% | −0.18 |
| V Visa Inc. Class A | Add +3.7% | 1.88% | −0.23 |
| CRM Salesforce Inc. | Add +13.5% | 1.79% | −0.24 |
| SYK Stryker Corp. | Add +3.7% | 1.74% | −0.27 |
| HON Honeywell International Inc. | Add +5.0% | 1.64% | −0.29 |
| NFLX Netflix Inc. | Add +2.4% | 1.76% | −0.39 |
| MSFT Microsoft Corp. | Add +3.3% | 10.85% | −0.43 |
| INTU Intuit Inc. | Add +8.2% | 2.28% | −0.44 |
| AMZN Amazon.com Inc. | Add +2.8% | 5.20% | −0.45 |
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 |