TCV Trust & Wealth Management, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 24, 2025), TCV Trust & Wealth Management, Inc. reported 205 stock positions worth $1.1 billion. Its top holding was Microsoft (MSFT) at 4.1% of the portfolio, followed by SS SPDR P Int C Corp. ETF (SPIB, 3.9%) and iShares Intermediate Governm (GVI, 3.9%). Compared with Q4 2024, it opened 11 new positions, sold out of 3, added to 40 and reduced 96. The biggest buy was a new position in BlackRock (BLK) and the biggest sale Broadcom (AVGO, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- RICHMOND, VA
- CIK
- 0001135439
- Portfolio Value
- $1.1B (Q1 2025)
- SEC Filing
- 0001140361-25-015354 ↗ filed Apr 24, 2025
Holdings Value
Holdings 205 stocks · $1.1B
| MSFT Microsoft Corp. | 4.13% | 118,650 | $44.5M | Reduce -2.4% |
| SPIB SS SPDR P Int C Corp. ETF | 3.91% | 1,271,016 | $42.2M | Add +5.2% |
| GVI iShares Intermediate Governm | 3.89% | 395,678 | $41.9M | Add +5.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 3.81% | 158,827 | $41.1M | Reduce -0.8% |
| AVGO Broadcom Inc. | 3.62% | 233,311 | $39.1M | Reduce -2.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 3.55% | 172,727 | $38.3M | Reduce -0.9% |
| AAPL Apple Inc. | 3.42% | 165,971 | $36.9M | Add +0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.75% | 53,032 | $29.7M | Reduce -1.2% |
| V Visa Inc. Class A | 2.33% | 71,776 | $25.2M | Reduce -2.4% |
| JPM JPMorgan Chase & Co. | 2.02% | 89,076 | $21.9M | Reduce -3.1% |
| UNH Unitedhealth Group Inc. | 2.01% | 41,483 | $21.7M | Reduce -1.8% |
| LLY Eli Lilly & Co. | 1.84% | 24,017 | $19.8M | Add +0.1% |
| XLC SS Comm Select Sector SPDR | 1.77% | 197,910 | $19.1M | Reduce -0.5% |
| BLK BlackRock Inc. | 1.72% | 19,633 | $18.6M | New |
| ADP Automatic Data Processing | 1.68% | 59,443 | $18.2M | Reduce -3.2% |
| AMGN Amgen Inc. | 1.65% | 57,228 | $17.8M | Reduce -0.1% |
| CSCO Cisco Systems Inc. | 1.59% | 278,693 | $17.2M | Add +0.2% |
| CB Chubb Ltd. | 1.58% | 56,573 | $17.1M | Reduce -1.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.58% | 139,766 | $17.0M | Reduce -1.4% |
| HD Home Depot Inc. | 1.55% | 45,700 | $16.7M | Reduce -1.2% |
| AMZN Amazon.com Inc. | 1.55% | 87,746 | $16.7M | Reduce -0.8% |
| ABT Abbott Laboratories | 1.52% | 123,531 | $16.4M | Add +1.4% |
| JNJ Johnson & Johnson | 1.52% | 98,749 | $16.4M | Add +0.0% |
| VNQ Vanguard Real Estate ETF | 1.51% | 179,625 | $16.3M | Add +0.1% |
| PG The Procter & Gamble Co. | 1.50% | 94,749 | $16.1M | Reduce -0.3% |
| CVX Chevron Corp. | 1.47% | 94,834 | $15.9M | Reduce -0.9% |
| WM Waste Management Inc. | 1.45% | 67,797 | $15.7M | Reduce -2.2% |
| VIOO Vanguard S&P Small-Cap 600 E | 1.39% | 155,102 | $15.0M | Reduce -1.0% |
| FAST Fastenal Co. | 1.29% | 179,069 | $13.9M | Reduce -1.3% |
| ZTS Zoetis Inc. | 1.20% | 78,747 | $13.0M | Add +0.4% |
| WMB Williams Cos Inc. | 1.17% | 210,480 | $12.6M | Reduce -0.8% |
| PEP Pepsico Inc. | 1.16% | 83,706 | $12.6M | Reduce -0.9% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 1.13% | 142,269 | $12.2M | Reduce -2.4% |
| ORLY O'reilly Automotive Inc. | 1.13% | 8,488 | $12.2M | Add +1.6% |
| COST Costco Wholesale Corp. | 1.10% | 12,505 | $11.8M | Reduce -0.9% |
| ADBE Adobe Inc. | 1.04% | 29,132 | $11.2M | Add +1.4% |
| XLK SS Technology Select Sector | 1.03% | 53,907 | $11.1M | Reduce -0.5% |
| MCHP Microchip Technology Inc. | 1.02% | 228,314 | $11.1M | Add +1.1% |
| NOC Northrop Grumman Corp. | 0.97% | 20,545 | $10.5M | Reduce -0.7% |
| XLB SS Materials Select Sector | 0.94% | 118,142 | $10.2M | Reduce 0.0% |
| ACN Accenture PLC Class A | 0.91% | 31,316 | $9.8M | Add +1.9% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.90% | 123,409 | $9.7M | Add +1.0% |
| CSX CSX Corp. | 0.89% | 325,464 | $9.6M | Reduce -1.4% |
| USB US Bancorp | 0.88% | 224,714 | $9.5M | Reduce -0.1% |
| MAS Masco Corp. | 0.86% | 134,130 | $9.3M | Reduce -0.8% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.71% | 83,861 | $7.7M | Reduce -0.9% |
| LOW Lowe's Cos Inc. | 0.70% | 32,578 | $7.6M | Reduce -0.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.68% | 97,140 | $7.3M | Add +0.2% |
| XLV SS Health Care Select Sector | 0.60% | 44,213 | $6.5M | Add +2.5% |
| XLF SS Financial Select Sector | 0.55% | 119,650 | $6.0M | Reduce -1.0% |
| O Realty Income Corp. | 0.55% | 102,479 | $5.9M | Reduce -2.2% |
| INTU Intuit Inc. | 0.55% | 9,586 | $5.9M | Reduce -5.5% |
| IWR iShares Russell Mid-Cap ETF | 0.49% | 62,437 | $5.3M | Reduce -2.2% |
| MRK Merck & Co. Inc. | 0.48% | 58,112 | $5.2M | Reduce -3.1% |
| DEO Diageo PLC-Sponsored ADR | 0.44% | 45,416 | $4.8M | Reduce -6.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.43% | 8,719 | $4.6M | Reduce -1.2% |
| PM Philip Morris International | 0.43% | 29,227 | $4.6M | Reduce -2.5% |
| MCD McDonald's Corp. | 0.42% | 14,642 | $4.6M | Reduce -0.3% |
| NSC Norfolk Southern Corp. | 0.41% | 18,671 | $4.4M | Reduce -0.4% |
| XLY SS Consumer Disc Select Sect | 0.41% | 22,183 | $4.4M | Reduce -1.1% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.40% | 55,099 | $4.3M | Add +2.8% |
| IWM iShares Russell 2000 ETF | 0.39% | 21,077 | $4.2M | Reduce -2.2% |
| XLI SS Industrial Select Sector | 0.38% | 31,468 | $4.1M | Add +0.5% |
| IXUS iShares Core Intl Stock ETF | 0.38% | 58,346 | $4.1M | Reduce -0.3% |
| BF.B Brown-Forman Corp. Class B | 0.35% | 112,780 | $3.8M | Reduce -0.8% |
| ORCL Oracle Corp. | 0.32% | 25,071 | $3.5M | Reduce -0.2% |
| D Dominion Energy Inc. | 0.31% | 60,163 | $3.4M | Reduce -3.1% |
| KO The Coca-Cola Co. | 0.30% | 45,010 | $3.2M | Reduce -1.5% |
| WMT Walmart Inc. | 0.30% | 36,278 | $3.2M | Add +0.8% |
| XOM Exxon Mobil Corp. | 0.29% | 26,621 | $3.2M | Add +12.2% |
| MO Altria Group Inc. | 0.26% | 46,633 | $2.8M | Reduce -2.4% |
| XLP SS Consumer Staples Sel Sect | 0.24% | 31,115 | $2.5M | Reduce -0.4% |
| ABBV Abbvie Inc. | 0.23% | 12,068 | $2.5M | Add +30.8% |
| VONG Vanguard Russell 1000 Growth | 0.23% | 26,559 | $2.5M | Reduce -0.2% |
| MDLZ Mondelez International Inc. Class A | 0.20% | 31,248 | $2.1M | Reduce -4.8% |
| VOO Vanguard S&P 500 ETF | 0.20% | 4,096 | $2.1M | Add +17.9% |
| XLE SS Energy Select Sector | 0.19% | 21,912 | $2.0M | Add +0.3% |
| VZ Verizon Communications Inc. | 0.19% | 44,887 | $2.0M | Reduce -2.7% |
| DE Deere & Co. | 0.17% | 3,955 | $1.9M | Add +64.0% |
| UNP Union Pacific Corp. | 0.17% | 7,622 | $1.8M | Add +46.9% |
| RTX RTX Corp. | 0.16% | 13,390 | $1.8M | Reduce -1.9% |
| SYK Stryker Corp. | 0.16% | 4,760 | $1.8M | No change |
| IVV iShares Core S&P 500 ETF | 0.15% | 2,974 | $1.7M | Reduce -9.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.15% | 2 | $1.6M | No change |
| IWF iShares Russell 1000 Growth | 0.15% | 4,379 | $1.6M | No change |
| BMY Bristol-Myers Squibb Co. | 0.14% | 24,925 | $1.5M | Reduce -2.0% |
| CI The Cigna Group | 0.12% | 3,909 | $1.3M | Reduce -3.2% |
| BF.A Brown-Forman Corp. Class A | 0.12% | 37,250 | $1.2M | No change |
| T AT&T Inc. | 0.11% | 43,463 | $1.2M | Reduce -3.2% |
| ICF iShares Select U.S. REIT ETF | 0.11% | 19,374 | $1.2M | Reduce -8.4% |
| AGG iShares Core U.S. Aggregate | 0.10% | 11,329 | $1.1M | Reduce -0.1% |
| MUB iShares National Muni Bond E | 0.10% | 10,547 | $1.1M | Add +3.1% |
| ISRG Intuitive Surgical Inc. | 0.10% | 2,245 | $1.1M | Reduce -5.9% |
| DGRW Wisdomtree U.S. Quality Divi | 0.10% | 13,884 | $1.1M | No change |
| IJR iShares Core S&P Small-Cap E | 0.10% | 10,484 | $1.1M | Reduce -0.4% |
| IVW iShares S&P 500 Growth ETF | 0.10% | 11,796 | $1.1M | No change |
| DUK Duke Energy Corp. | 0.10% | 8,768 | $1.1M | Reduce -0.6% |
| RGCO RGC Resources Inc. | 0.10% | 50,153 | $1.0M | No change |
| GOOGL Alphabet Inc. Class A | 0.10% | 6,639 | $1.0M | Add +0.1% |
| MMM 3M Co. | 0.09% | 6,497 | $954K | Add +1.1% |
Portfolio Sells Q4 2024 → Q1 2025
| AVGO Broadcom Inc. | Reduce -2.0% | 3.62% | −1.48 |
| MSFT Microsoft Corp. | Reduce -2.4% | 4.13% | −0.61 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -0.9% | 3.55% | −0.32 |
| IRM Iron Mountain Inc. | Reduce -2.4% | 1.13% | −0.28 |
| AMZN Amazon.com Inc. | Reduce -0.8% | 1.55% | −0.25 |
| TROW T Rowe Price Group Inc. | Reduce -0.9% | 0.71% | −0.17 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.2% | 2.75% | −0.16 |
| VIOO Vanguard S&P Small-Cap 600 E | Reduce -1.0% | 1.39% | −0.15 |
| XLK SS Technology Select Sector | Reduce -0.5% | 1.03% | −0.13 |
| DEO Diageo PLC-Sponsored ADR | Reduce -6.5% | 0.44% | −0.13 |
| USB US Bancorp | Reduce -0.1% | 0.88% | −0.11 |
| HD Home Depot Inc. | Reduce -1.2% | 1.55% | −0.11 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -0.8% | 3.81% | −0.10 |
| CSX CSX Corp. | Reduce -1.4% | 0.89% | −0.10 |
| MRK Merck & Co. Inc. | Reduce -3.1% | 0.48% | −0.07 |
| ORCL Oracle Corp. | Reduce -0.2% | 0.32% | −0.06 |
| XLY SS Consumer Disc Select Sect | Reduce -1.1% | 0.41% | −0.06 |
| IWM iShares Russell 2000 ETF | Reduce -2.2% | 0.39% | −0.05 |
| BF.B Brown-Forman Corp. Class B | Reduce -0.8% | 0.35% | −0.04 |
| INTU Intuit Inc. | Reduce -5.5% | 0.55% | −0.04 |
| LOW Lowe's Cos Inc. | Reduce -0.6% | 0.70% | −0.04 |
| MAS Masco Corp. | Reduce -0.8% | 0.86% | −0.04 |
| IWR iShares Russell Mid-Cap ETF | Reduce -2.2% | 0.49% | −0.03 |
| VONG Vanguard Russell 1000 Growth | Reduce -0.2% | 0.23% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -9.4% | 0.15% | −0.02 |
| PEP Pepsico Inc. | Reduce -0.9% | 1.16% | −0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.02 |
| BAC Bank of America Corp. | Reduce -21.1% | 0.06% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.02 |
| PRU Prudential Financial Inc. | Sold out | 0.00% | −0.02 |
| VEA Vanguard Ftse Developed ETF | Reduce -23.8% | 0.08% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -4.0% | 0.06% | −0.01 |
| ETN Eaton Corp. PLC | Reduce -1.1% | 0.06% | −0.01 |
| ISRG Intuitive Surgical Inc. | Reduce -5.9% | 0.10% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -3.1% | 2.02% | −0.01 |
| XLC SS Comm Select Sector SPDR | Reduce -0.5% | 1.77% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.4% | 0.10% | −0.01 |
| NKE Nike Inc. Class B | Reduce -0.2% | 0.04% | −0.01 |
| KMX Carmax Inc. | Reduce -6.1% | 0.07% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -5.3% | 0.06% | −0.01 |
| CL Colgate-Palmolive Co. | Reduce -14.4% | 0.06% | −0.01 |
| PFE Pfizer Inc. | Reduce -5.3% | 0.08% | −0.01 |
| PNC PNC Financial Services Group | Reduce -1.5% | 0.07% | −0.01 |
| ICF iShares Select U.S. REIT ETF | Reduce -8.4% | 0.11% | −0.01 |
| AXP American Express Co. | Reduce -7.1% | 0.03% | −0.01 |
| ITW Illinois Tool Works | Reduce -5.3% | 0.07% | −0.01 |
| CARR Carrier Global Corp. | Reduce -1.6% | 0.06% | −0.01 |
| TJX TJX Companies Inc. | Reduce -1.4% | 1.58% | −0.00 |
| EMR Emerson Electric Co. | Reduce -0.5% | 0.03% | −0.00 |
| BDX Becton Dickinson and Co. | Reduce -10.0% | 0.04% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| BLK BlackRock Inc. | New | 1.72% | +1.72 |
| GVI iShares Intermediate Governm | Add +5.4% | 3.89% | +0.27 |
| SPIB SS SPDR P Int C Corp. ETF | Add +5.2% | 3.91% | +0.26 |
| ABT Abbott Laboratories | Add +1.4% | 1.52% | +0.24 |
| ORLY O'reilly Automotive Inc. | Add +1.6% | 1.13% | +0.21 |
| JNJ Johnson & Johnson | Add +0.0% | 1.52% | +0.20 |
| LLY Eli Lilly & Co. | Add +0.1% | 1.84% | +0.13 |
| ABBV Abbvie Inc. | Add +30.8% | 0.23% | +0.08 |
| DE Deere & Co. | Add +64.0% | 0.17% | +0.08 |
| CSCO Cisco Systems Inc. | Add +0.2% | 1.59% | +0.07 |
| ALL Allstate Corp. | New | 0.07% | +0.07 |
| XOM Exxon Mobil Corp. | Add +12.2% | 0.29% | +0.06 |
| UNP Union Pacific Corp. | Add +46.9% | 0.17% | +0.06 |
| IEFA iShares Core MSCI Eafe ETF | Add +0.2% | 0.68% | +0.05 |
| XLV SS Health Care Select Sector | Add +2.5% | 0.60% | +0.05 |
| EFAV iShares MSCI Eafe Min Vol Fa | Add +2.8% | 0.40% | +0.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +1.0% | 0.90% | +0.05 |
| GE General Electric | New | 0.03% | +0.03 |
| VNQ Vanguard Real Estate ETF | Add +0.1% | 1.51% | +0.03 |
| LNC Lincoln National Corp. | New | 0.02% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +17.9% | 0.20% | +0.02 |
| TPL Texas Pacific Land Corp. | New | 0.02% | +0.02 |
| ZTS Zoetis Inc. | Add +0.4% | 1.20% | +0.02 |
| WEC WEC Energy Group Inc. | New | 0.02% | +0.02 |
| EXC Exelon Corp. | New | 0.02% | +0.02 |
| CME Cme Group Inc. | New | 0.02% | +0.02 |
| CTVA Corteva Inc. | New | 0.02% | +0.02 |
| SHEL Shell PLC-ADR | New | 0.02% | +0.02 |
| PSX Phillips 66 | New | 0.02% | +0.02 |
| XLE SS Energy Select Sector | Add +0.3% | 0.19% | +0.02 |
| UDR Udr Inc. | Add +58.0% | 0.04% | +0.01 |
| MMM 3M Co. | Add +1.1% | 0.09% | +0.01 |
| AEP American Electric Power | Add +0.4% | 0.07% | +0.01 |
| SO The Southern Co. | Add +2.2% | 0.05% | +0.01 |
| IBM Intl Business Machines Corp. | Add +7.5% | 0.03% | +0.01 |
| WY Weyerhaeuser Co. | Add +10.1% | 0.03% | +0.00 |
| MUB iShares National Muni Bond E | Add +3.1% | 0.10% | +0.00 |
| BX Blackstone Inc. | Add +33.4% | 0.03% | +0.00 |
| XLI SS Industrial Select Sector | Add +0.5% | 0.38% | +0.00 |
| HON Honeywell International Inc. | Add +4.9% | 0.06% | −0.00 |
| TFC Truist Financial Corp. | Add +2.1% | 0.07% | −0.00 |
| CAT Caterpillar Inc. | Add +2.3% | 0.06% | −0.00 |
| WMT Walmart Inc. | Add +0.8% | 0.30% | −0.01 |
| UPS United Parcel Service Class B | Add +1.4% | 0.08% | −0.01 |
| TSLA Tesla Inc. | Add +10.1% | 0.03% | −0.01 |
| NVDA Nvidia Corp. | Add +0.5% | 0.06% | −0.01 |
| GOOGL Alphabet Inc. Class A | Add +0.1% | 0.10% | −0.02 |
| ACN Accenture PLC Class A | Add +1.9% | 0.91% | −0.09 |
| ADBE Adobe Inc. | Add +1.4% | 1.04% | −0.14 |
| MCHP Microchip Technology Inc. | Add +1.1% | 1.02% | −0.17 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 226 | $1.3B | AVGO, SPIB, VB, GVI, VO |
| Q1 2026 | 215 | $1.2B | AVGO, SPIB, GVI, VO, VB |
| Q4 2025 | 228 | $1.2B | AVGO, MSFT, SPIB, GVI, VO |
| Q3 2025 | 223 | $1.2B | AVGO, MSFT, SPIB, VO, GVI |
| Q2 2025 | 210 | $1.1B | AVGO, MSFT, SPIB, VO, GVI |
| Q1 2025 | 205 | $1.1B | MSFT, SPIB, GVI, VO, AVGO |
| Q4 2024 | 197 | $1.1B | AVGO, MSFT, VO, VB, AAPL |
| Q3 2024 | 199 | $1.1B | MSFT, VO, AVGO, VB, SPIB |
| Q2 2024 | 198 | $1.0B | MSFT, AVGO, VO, VB, SPIB |
| Q1 2024 | 197 | $1.0B | MSFT, VO, VB, SPIB, GVI |