TCV Trust & Wealth Management, Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 16, 2024), TCV Trust & Wealth Management, Inc. reported 197 stock positions worth $1.0 billion. Its top holding was Microsoft (MSFT) at 5.1% of the portfolio, followed by Vngrd Mrngstr MD-Cap ETF-Usd (VO, 3.9%) and Vanguard Most SM-Cap ETF-Usd (VB, 3.9%). Compared with Q4 2023, it opened 11 new positions, sold out of 4, added to 14 and reduced 119. The biggest buy was a new position in Vanguard S&P Small-Cap 600 E (VIOO) and the biggest sale Apple (AAPL, shares −2%).

Most Recent 13F
Q2 2026
Location
RICHMOND, VA
CIK
0001135439
Portfolio Value
$1.0B (Q1 2024)
SEC Filing
0001140361-24-020036 ↗ filed Apr 16, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.0B $1.0B Q1 2024 Q2 2024: $1.0B Q2 2024 Q3 2024: $1.1B Q3 2024 Q4 2024: $1.1B Q4 2024 Q1 2025: $1.1B Q1 2025 Q2 2025: $1.1B Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $1.2B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $1.3B Q2 2026

Holdings 197 stocks · $1.0B
MSFT Microsoft Corp. 5.09% 126,239 $53.1M Reduce -2.6%
VO Vngrd Mrngstr MD-Cap ETF-Usd 3.88% 161,900 $40.5M Reduce -1.2%
VB Vanguard Most SM-Cap ETF-Usd 3.87% 176,800 $40.4M Reduce -1.1%
SPIB SS SPDR P Int C Corp. ETF 3.37% 1,076,730 $35.2M Add +1.3%
GVI iShares Intermediate Governm 3.33% 334,095 $34.7M Add +1.7%
AVGO Broadcom Inc. 3.31% 26,062 $34.5M Reduce -5.0%
AAPL Apple Inc. 2.77% 168,603 $28.9M Reduce -2.0%
SPY SS SPDR S&P 500 ETF Trust-US 2.72% 54,354 $28.4M Add +0.8%
UNH Unitedhealth Group Inc. 2.05% 43,280 $21.4M Reduce -1.7%
V Visa Inc. Class A 2.04% 76,316 $21.3M Reduce -3.8%
MCHP Microchip Technology Inc. 1.92% 223,175 $20.0M Reduce -2.7%
JPM JPMorgan Chase & Co. 1.90% 99,205 $19.9M Reduce -2.9%
LLY Eli Lilly & Co. 1.85% 24,774 $19.3M Reduce -1.9%
HD Home Depot Inc. 1.71% 46,636 $17.9M Reduce -2.0%
BLK BlackRock Finance Inc. 1.69% 21,132 $17.6M Reduce -2.9%
ADP Automatic Data Processing 1.58% 65,853 $16.4M Reduce -5.6%
AMGN Amgen Inc. 1.57% 57,632 $16.4M Reduce -1.5%
XLC SS Comm Select Sector SPDR 1.53% 195,684 $16.0M Reduce -0.7%
AMZN Amazon.com Inc. 1.53% 88,442 $16.0M Reduce -1.1%
CB Chubb Ltd. 1.53% 61,525 $15.9M Reduce -3.2%
WM Waste Management Inc. 1.47% 71,956 $15.3M Reduce -3.2%
VNQ Vanguard Real Estate ETF 1.47% 177,244 $15.3M Reduce -1.8%
JNJ Johnson & Johnson 1.46% 96,431 $15.3M Reduce -2.3%
CVX Chevron Corp. 1.44% 95,548 $15.1M Reduce -2.0%
VIOO Vanguard S&P Small-Cap 600 E 1.42% 145,787 $14.8M New
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.42% 145,718 $14.8M Reduce -3.1%
FAST Fastenal Co. 1.40% 188,881 $14.6M Reduce -3.4%
PG The Procter & Gamble Co. 1.37% 88,139 $14.3M Reduce -2.4%
ADBE Adobe Inc. 1.34% 27,718 $14.0M Reduce -0.7%
CSCO Cisco Systems Inc. 1.32% 276,394 $13.8M Reduce -0.5%
PEP Pepsico Inc. 1.30% 77,538 $13.6M Reduce -2.0%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 1.29% 167,772 $13.5M Reduce -1.6%
ABT Abbott Laboratories 1.29% 118,010 $13.4M Reduce -1.8%
ZTS Zoetis Inc. 1.25% 77,177 $13.1M Reduce -0.5%
CSX CSX Corp. 1.18% 330,914 $12.3M Reduce -6.0%
XLK SS Technology Select Sector 1.10% 54,926 $11.4M Reduce -3.2%
MAS Masco Corp. 1.07% 141,757 $11.2M Reduce -3.5%
XLB SS Materials Select Sector 1.06% 118,714 $11.0M Reduce -0.3%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.98% 84,077 $10.3M Reduce -1.5%
USB US Bancorp 0.97% 226,867 $10.1M Reduce -0.3%
NOC Northrop Grumman Corp. 0.96% 20,890 $10.0M Reduce -2.7%
SBUX Starbucks Corp. 0.90% 102,621 $9.4M Reduce -0.7%
ACN Accenture PLC Class A 0.90% 27,025 $9.4M Add +0.4%
COST Costco Wholesale Corp. 0.87% 12,370 $9.1M Reduce -1.9%
LOW Lowe's Cos Inc. 0.83% 34,131 $8.7M Reduce -5.7%
WMB Williams Cos Inc. 0.81% 217,335 $8.5M Reduce -0.0%
MRK Merck & Co. Inc. 0.78% 62,038 $8.2M Reduce -7.3%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.75% 118,504 $7.8M Reduce -0.3%
INTU Intuit Inc. 0.67% 10,788 $7.0M Reduce -0.2%
IEFA iShares Core MSCI Eafe ETF 0.67% 93,641 $7.0M Add +0.6%
CAG Conagra Brands Inc. 0.60% 210,598 $6.2M Reduce -2.5%
XLV SS Health Care Select Sector 0.59% 41,350 $6.1M Reduce -1.1%
BF.B Brown-Forman Corp. Class B 0.56% 113,717 $5.9M No change
DEO Diageo PLC-Sponsored ADR 0.55% 38,335 $5.7M Reduce -1.5%
O Realty Income Corp. 0.53% 102,852 $5.6M Reduce -3.7%
IWR iShares Russell Mid-Cap ETF 0.52% 65,069 $5.5M Reduce -6.6%
XLF SS Financial Select Sector 0.48% 119,158 $5.0M Reduce -2.1%
IWM iShares Russell 2000 ETF 0.43% 21,585 $4.5M Reduce -0.2%
MCD McDonald's Corp. 0.40% 14,733 $4.2M Reduce -0.8%
XLY SS Consumer Disc Select Sect 0.40% 22,557 $4.1M Reduce -0.1%
IXUS iShares Core Intl Stock ETF 0.39% 59,369 $4.0M Reduce -4.2%
XLI SS Industrial Select Sector 0.38% 31,072 $3.9M Reduce -1.9%
BRK.B Berkshire Hathaway Inc. Class B 0.36% 8,999 $3.8M Reduce -0.2%
EFAV iShares MSCI Eafe Min Vol Fa 0.35% 51,756 $3.7M Add +1.0%
NSC Norfolk Southern Corp. 0.31% 12,889 $3.3M Reduce -2.0%
ORCL Oracle Corp. 0.31% 25,726 $3.2M Reduce -1.4%
D Dominion Energy Inc. 0.31% 64,760 $3.2M Reduce -9.6%
PM Philip Morris International 0.29% 32,715 $3.0M Reduce -2.9%
KO The Coca-Cola Co. 0.27% 46,825 $2.9M Reduce -0.3%
XOM Exxon Mobil Corp. 0.26% 23,623 $2.7M Reduce -3.0%
MDLZ Mondelez International Inc. Class A 0.23% 33,617 $2.4M Reduce -2.3%
MO Altria Group Inc. 0.22% 51,538 $2.2M Reduce -4.5%
WMT Walmart Inc. 0.21% 36,960 $2.2M No change
XLP SS Consumer Staples Sel Sect 0.21% 28,559 $2.2M Reduce -0.2%
VZ Verizon Communications Inc. 0.19% 48,484 $2.0M Reduce -1.8%
XLE SS Energy Select Sector 0.19% 21,283 $2.0M Reduce -2.4%
BF.A Brown-Forman Corp. Class A 0.19% 37,250 $2.0M No change
VONG Vanguard Russell 1000 Growth 0.19% 22,471 $1.9M Add +0.9%
ABBV Abbvie Inc. 0.18% 10,407 $1.9M Reduce -2.0%
IVV iShares Core S&P 500 ETF 0.17% 3,414 $1.8M Add +9.3%
SYK Stryker Corp. 0.16% 4,760 $1.7M No change
IWF iShares Russell 1000 Growth 0.15% 4,614 $1.6M Reduce -1.6%
CI The Cigna Group 0.15% 4,265 $1.5M Reduce -2.7%
BMY Bristol-Myers Squibb Co. 0.14% 26,567 $1.4M Reduce -8.5%
RTX RTX Corp. 0.14% 14,622 $1.4M Reduce -2.6%
VOO Vanguard S&P 500 ETF 0.13% 2,918 $1.4M No change
ICF iShares Select U.S. REIT ETF 0.13% 23,887 $1.4M Reduce -2.5%
UNP Union Pacific Corp. 0.12% 5,295 $1.3M Reduce -0.2%
BRK.A Berkshire Hathaway Inc. Class A 0.12% 2 $1.3M No change
AMAT Applied Materials Inc. 0.12% 6,059 $1.2M No change
AGG iShares Core U.S. Aggregate 0.12% 12,563 $1.2M No change
IJR iShares Core S&P Small-Cap E 0.12% 10,924 $1.2M Reduce -20.3%
UPS United Parcel Service Class B 0.11% 7,645 $1.1M Reduce -0.2%
VEA Vanguard Ftse Developed ETF 0.11% 21,974 $1.1M No change
DGRW Wisdomtree U.S. Quality Divi 0.10% 14,067 $1.1M No change
GOOGL Alphabet Inc. Class A 0.10% 7,013 $1.1M Reduce -4.0%
EFA iShares MSCI Eafe ETF 0.10% 13,053 $1.0M Reduce -0.2%
RGCO RGC Resources Inc. 0.10% 51,215 $1.0M Reduce -0.0%
DE Deere & Co. 0.10% 2,439 $1.0M No change
IJH iShares Core S&P Midcap ETF 0.10% 16,387 $995K Add +1.6%

Show all 197 holdings

Portfolio Sells Q4 2023 → Q1 2024
AAPL Apple Inc. Reduce -2.0% 2.77% −0.57
ADBE Adobe Inc. Reduce -0.7% 1.34% −0.34
ZTS Zoetis Inc. Reduce -0.5% 1.25% −0.29
UNH Unitedhealth Group Inc. Reduce -1.7% 2.05% −0.29
VWO Vanguard Ftse Emerging Marke Reduce -85.8% 0.04% −0.28
MCHP Microchip Technology Inc. Reduce -2.7% 1.92% −0.17
VNQ Vanguard Real Estate ETF Reduce -1.8% 1.47% −0.14
AMGN Amgen Inc. Reduce -1.5% 1.57% −0.13
SBUX Starbucks Corp. Reduce -0.7% 0.90% −0.10
JNJ Johnson & Johnson Reduce -2.3% 1.46% −0.10
BLK BlackRock Finance Inc. Reduce -2.9% 1.69% −0.09
CSCO Cisco Systems Inc. Reduce -0.5% 1.32% −0.09
L Loews Corp. Sold out 0.00% −0.09
O Realty Income Corp. Reduce -3.7% 0.53% −0.09
ADP Automatic Data Processing Reduce -5.6% 1.58% −0.06
NOC Northrop Grumman Corp. Reduce -2.7% 0.96% −0.06
CSX CSX Corp. Reduce -6.0% 1.18% −0.06
PEP Pepsico Inc. Reduce -2.0% 1.30% −0.06
ABT Abbott Laboratories Reduce -1.8% 1.29% −0.05
MCD McDonald's Corp. Reduce -0.8% 0.40% −0.05
V Visa Inc. Class A Reduce -3.8% 2.04% −0.04
D Dominion Energy Inc. Reduce -9.6% 0.31% −0.03
IJR iShares Core S&P Small-Cap E Reduce -20.3% 0.12% −0.03
PM Philip Morris International Reduce -2.9% 0.29% −0.03
CAG Conagra Brands Inc. Reduce -2.5% 0.60% −0.03
ITW Illinois Tool Works Reduce -21.3% 0.08% −0.03
MDLZ Mondelez International Inc. Class A Reduce -2.3% 0.23% −0.03
DEO Diageo PLC-Sponsored ADR Reduce -1.5% 0.55% −0.03
K Kellanova Sold out 0.00% −0.02
CVX Chevron Corp. Reduce -2.0% 1.44% −0.02
TSLA Tesla Inc. Sold out 0.00% −0.02
IWR iShares Russell Mid-Cap ETF Reduce -6.6% 0.52% −0.02
UDR Udr Inc. Sold out 0.00% −0.02
USB US Bancorp Reduce -0.3% 0.97% −0.02
IXUS iShares Core Intl Stock ETF Reduce -4.2% 0.39% −0.02
PFE Pfizer Inc. Reduce -10.3% 0.09% −0.02
BND Vanguard Total Bond Market Reduce -28.6% 0.03% −0.02
NKE Nike Inc. Class B Reduce -0.1% 0.07% −0.02
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -0.3% 0.75% −0.01
ICF iShares Select U.S. REIT ETF Reduce -2.5% 0.13% −0.01
UPS United Parcel Service Class B Reduce -0.2% 0.11% −0.01
BMY Bristol-Myers Squibb Co. Reduce -8.5% 0.14% −0.01
PNC PNC Financial Services Group Reduce -13.4% 0.07% −0.01
INTU Intuit Inc. Reduce -0.2% 0.67% −0.01
XLY SS Consumer Disc Select Sect Reduce -0.1% 0.40% −0.01
VCIT Vanguard Int-Term Corporate Reduce -11.2% 0.04% −0.01
DUK Duke Energy Corp. Reduce -3.3% 0.08% −0.01
NEE Nextera Energy Inc. Reduce -10.3% 0.06% −0.01
UNP Union Pacific Corp. Reduce -0.2% 0.12% −0.01
TJX TJX Companies Inc. Reduce -3.1% 1.42% −0.01

Portfolio Buys Q4 2023 → Q1 2024
VIOO Vanguard S&P Small-Cap 600 E New 1.42% +1.42
SPY SS SPDR S&P 500 ETF Trust-US Add +0.8% 2.72% +0.14
QQQ Invesco QQQ Trust Series 1 New 0.03% +0.03
CEG Constellation Energy New 0.03% +0.03
META Meta Platforms Inc. Class A New 0.02% +0.02
COF Capital One Financial Corp. New 0.02% +0.02
IVV iShares Core S&P 500 ETF Add +9.3% 0.17% +0.02
DFS Discover Financial Services New 0.02% +0.02
IBM Intl Business Machines Corp. New 0.02% +0.02
MKL Markel Group Inc. New 0.02% +0.02
IGV iShares Expanded Tech-Softwa New 0.02% +0.02
CTVA Corteva Inc. New 0.02% +0.02
WFC Wells Fargo & Co. New 0.02% +0.02
ETN Eaton Corp. PLC Add +2.2% 0.07% +0.01
VONG Vanguard Russell 1000 Growth Add +0.9% 0.19% +0.01
VIG Vanguard Dividend Apprec ETF Add +12.6% 0.05% +0.01
RSP Invesco S&P 500 Equal Weight Add +26.4% 0.03% +0.01
IEFA iShares Core MSCI Eafe ETF Add +0.6% 0.67% +0.01
IJH iShares Core S&P Midcap ETF Add +1.6% 0.10% +0.01
AMT American Tower Corp. Add +2.0% 0.02% −0.00
MUB iShares National Muni Bond E Add +1.2% 0.09% −0.00
EFAV iShares MSCI Eafe Min Vol Fa Add +1.0% 0.35% −0.01
ACN Accenture PLC Class A Add +0.4% 0.90% −0.06
GVI iShares Intermediate Governm Add +1.7% 3.33% −0.14
SPIB SS SPDR P Int C Corp. ETF Add +1.3% 3.37% −0.15

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 226$1.3BAVGO, SPIB, VB, GVI, VO
Q1 2026 215$1.2BAVGO, SPIB, GVI, VO, VB
Q4 2025 228$1.2BAVGO, MSFT, SPIB, GVI, VO
Q3 2025 223$1.2BAVGO, MSFT, SPIB, VO, GVI
Q2 2025 210$1.1BAVGO, MSFT, SPIB, VO, GVI
Q1 2025 205$1.1BMSFT, SPIB, GVI, VO, AVGO
Q4 2024 197$1.1BAVGO, MSFT, VO, VB, AAPL
Q3 2024 199$1.1BMSFT, VO, AVGO, VB, SPIB
Q2 2024 198$1.0BMSFT, AVGO, VO, VB, SPIB
Q1 2024 197$1.0BMSFT, VO, VB, SPIB, GVI