TCV Trust & Wealth Management, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 11, 2025), TCV Trust & Wealth Management, Inc. reported 210 stock positions worth $1.1 billion. Its top holding was Broadcom (AVGO) at 5.5% of the portfolio, followed by Microsoft (MSFT, 5.1%) and SS SPDR P Int C Corp. ETF (SPIB, 3.9%). Compared with Q1 2025, it opened 16 new positions, sold out of 11, added to 59 and reduced 91. The biggest buy was Nvidia (NVDA, shares +1203%) and the biggest sale Microchip Technology (MCHP, shares −93%).
- Most Recent 13F
- Q2 2026
- Location
- RICHMOND, VA
- CIK
- 0001135439
- Portfolio Value
- $1.1B (Q2 2025)
- SEC Filing
- 0001140361-25-025564 ↗ filed Jul 11, 2025
Holdings Value
Holdings 210 stocks · $1.1B
| AVGO Broadcom Inc. | 5.54% | 230,026 | $63.4M | Reduce -1.4% |
| MSFT Microsoft Corp. | 5.09% | 117,086 | $58.2M | Reduce -1.3% |
| SPIB SS SPDR P Int C Corp. ETF | 3.88% | 1,322,605 | $44.4M | Add +4.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 3.84% | 156,997 | $43.9M | Reduce -1.1% |
| GVI iShares Intermediate Governm | 3.82% | 408,955 | $43.7M | Add +3.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 3.55% | 171,223 | $40.6M | Reduce -0.9% |
| AAPL Apple Inc. | 2.96% | 164,944 | $33.8M | Reduce -0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.85% | 52,782 | $32.6M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 2.25% | 88,907 | $25.8M | Reduce -0.2% |
| V Visa Inc. Class A | 2.16% | 69,613 | $24.7M | Reduce -3.0% |
| XLC SS Comm Select Sector SPDR | 1.87% | 197,318 | $21.4M | Reduce -0.3% |
| BLK BlackRock Inc. | 1.79% | 19,491 | $20.5M | Reduce -0.7% |
| CSCO Cisco Systems Inc. | 1.68% | 277,461 | $19.3M | Reduce -0.4% |
| AMZN Amazon.com Inc. | 1.68% | 87,651 | $19.2M | Reduce -0.1% |
| LLY Eli Lilly & Co. | 1.59% | 23,335 | $18.2M | Reduce -2.8% |
| ADP Automatic Data Processing | 1.50% | 55,775 | $17.2M | Reduce -6.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.49% | 137,853 | $17.0M | Reduce -1.4% |
| ABT Abbott Laboratories | 1.45% | 122,074 | $16.6M | Reduce -1.2% |
| HD Home Depot Inc. | 1.45% | 45,272 | $16.6M | Reduce -0.9% |
| CB Chubb Ltd. | 1.42% | 55,875 | $16.2M | Reduce -1.2% |
| VNQ Vanguard Real Estate ETF | 1.40% | 180,051 | $16.0M | Add +0.2% |
| AMGN Amgen Inc. | 1.40% | 57,158 | $16.0M | Reduce -0.1% |
| VIOO Vanguard S&P Small-Cap 600 E | 1.35% | 152,172 | $15.4M | Reduce -1.9% |
| WM Waste Management Inc. | 1.33% | 66,688 | $15.3M | Reduce -1.6% |
| PG The Procter & Gamble Co. | 1.31% | 94,334 | $15.0M | Reduce -0.4% |
| JNJ Johnson & Johnson | 1.31% | 98,208 | $15.0M | Reduce -0.6% |
| FAST Fastenal Co. | 1.30% | 352,902 | $14.8M | Reduce -1.5% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 1.26% | 140,427 | $14.4M | Reduce -1.3% |
| XLK SS Technology Select Sector | 1.22% | 55,011 | $13.9M | Add +2.0% |
| CVX Chevron Corp. | 1.17% | 93,222 | $13.3M | Reduce -1.7% |
| WMB Williams Cos Inc. | 1.14% | 208,036 | $13.1M | Reduce -1.2% |
| UNH Unitedhealth Group Inc. | 1.13% | 41,348 | $12.9M | Reduce -0.3% |
| COST Costco Wholesale Corp. | 1.13% | 13,004 | $12.9M | Add +4.0% |
| NVDA Nvidia Corp. | 1.08% | 78,176 | $12.4M | Add +1203.4% |
| ZTS Zoetis Inc. | 1.05% | 76,893 | $12.0M | Reduce -2.4% |
| ORLY O'reilly Automotive Inc. | 1.01% | 128,384 | $11.6M | Add +0.8% |
| PEP Pepsico Inc. | 1.00% | 86,652 | $11.4M | Add +3.5% |
| ADBE Adobe Inc. | 0.98% | 29,047 | $11.2M | Reduce -0.3% |
| PM Philip Morris International | 0.96% | 60,300 | $11.0M | Add +106.3% |
| CSX CSX Corp. | 0.93% | 324,774 | $10.6M | Reduce -0.2% |
| XLB SS Materials Select Sector | 0.91% | 118,450 | $10.4M | Add +0.3% |
| USB US Bancorp | 0.90% | 226,588 | $10.3M | Add +0.8% |
| NOC Northrop Grumman Corp. | 0.89% | 20,473 | $10.2M | Reduce -0.3% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.88% | 123,918 | $10.1M | Add +0.4% |
| GLW Corning Inc. | 0.87% | 188,218 | $9.9M | New |
| ACN Accenture PLC Class A | 0.83% | 31,582 | $9.4M | Add +0.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.71% | 97,004 | $8.1M | Reduce -0.1% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.69% | 81,963 | $7.9M | Reduce -2.3% |
| INTU Intuit Inc. | 0.64% | 9,339 | $7.4M | Reduce -2.6% |
| LOW Lowe's Cos Inc. | 0.63% | 32,246 | $7.2M | Reduce -1.0% |
| ORCL Oracle Corp. | 0.60% | 31,229 | $6.8M | Add +24.6% |
| XLV SS Health Care Select Sector | 0.56% | 47,631 | $6.4M | Add +7.7% |
| XLF SS Financial Select Sector | 0.55% | 119,205 | $6.2M | Reduce -0.4% |
| O Realty Income Corp. | 0.52% | 103,278 | $5.9M | Add +0.8% |
| IWR iShares Russell Mid-Cap ETF | 0.49% | 60,858 | $5.6M | Reduce -2.5% |
| NSC Norfolk Southern Corp. | 0.43% | 19,330 | $4.9M | Add +3.5% |
| XLY SS Consumer Disc Select Sect | 0.43% | 22,416 | $4.9M | Add +1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.42% | 9,805 | $4.8M | Add +12.5% |
| XLI SS Industrial Select Sector | 0.41% | 31,529 | $4.7M | Add +0.2% |
| MRK Merck & Co. Inc. | 0.40% | 58,012 | $4.6M | Reduce -0.2% |
| IWM iShares Russell 2000 ETF | 0.40% | 21,265 | $4.6M | Add +0.9% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.40% | 54,119 | $4.5M | Reduce -1.8% |
| IXUS iShares Core Intl Stock ETF | 0.39% | 57,701 | $4.5M | Reduce -1.1% |
| MCD McDonald's Corp. | 0.37% | 14,550 | $4.3M | Reduce -0.6% |
| WMT Walmart Inc. | 0.31% | 36,496 | $3.6M | Add +0.6% |
| KO The Coca-Cola Co. | 0.28% | 45,105 | $3.2M | Add +0.2% |
| BF.B Brown-Forman Corp. Class B | 0.26% | 111,633 | $3.0M | Reduce -1.0% |
| VONG Vanguard Russell 1000 Growth | 0.25% | 26,539 | $2.9M | Reduce -0.1% |
| XOM Exxon Mobil Corp. | 0.25% | 26,669 | $2.9M | Add +0.2% |
| D Dominion Energy Inc. | 0.24% | 48,574 | $2.7M | Reduce -19.3% |
| XLP SS Consumer Staples Sel Sect | 0.23% | 32,030 | $2.6M | Add +2.9% |
| MO Altria Group Inc. | 0.22% | 43,831 | $2.6M | Reduce -6.0% |
| VOO Vanguard S&P 500 ETF | 0.22% | 4,379 | $2.5M | Add +6.9% |
| ABBV Abbvie Inc. | 0.20% | 12,229 | $2.3M | Add +1.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.19% | 3 | $2.2M | Add +50.0% |
| MDLZ Mondelez International Inc. Class A | 0.18% | 30,014 | $2.0M | Reduce -4.0% |
| XLE SS Energy Select Sector | 0.17% | 22,387 | $1.9M | Add +2.2% |
| VZ Verizon Communications Inc. | 0.17% | 43,676 | $1.9M | Reduce -2.7% |
| SYK Stryker Corp. | 0.16% | 4,760 | $1.9M | No change |
| DE Deere & Co. | 0.16% | 3,701 | $1.9M | Reduce -6.4% |
| IWF iShares Russell 1000 Growth | 0.16% | 4,379 | $1.9M | No change |
| IVV iShares Core S&P 500 ETF | 0.16% | 2,957 | $1.8M | Reduce -0.6% |
| RTX RTX Corp. | 0.15% | 11,612 | $1.7M | Reduce -13.3% |
| UNP Union Pacific Corp. | 0.13% | 6,682 | $1.5M | Reduce -12.3% |
| IVW iShares S&P 500 Growth ETF | 0.11% | 11,796 | $1.3M | No change |
| MUB iShares National Muni Bond E | 0.11% | 11,919 | $1.2M | Add +13.0% |
| T AT&T Inc. | 0.11% | 42,648 | $1.2M | Reduce -1.9% |
| CI The Cigna Group | 0.11% | 3,728 | $1.2M | Reduce -4.6% |
| ISRG Intuitive Surgical Inc. | 0.11% | 2,245 | $1.2M | No change |
| ICF iShares Select U.S. REIT ETF | 0.10% | 19,329 | $1.2M | Reduce -0.2% |
| DGRW Wisdomtree U.S. Quality Divi | 0.10% | 13,884 | $1.2M | No change |
| IJR iShares Core S&P Small-Cap E | 0.10% | 10,540 | $1.2M | Add +0.5% |
| GOOGL Alphabet Inc. Class A | 0.10% | 6,527 | $1.2M | Reduce -1.7% |
| ITW Illinois Tool Works | 0.10% | 4,580 | $1.1M | Add +47.6% |
| AGG iShares Core U.S. Aggregate | 0.10% | 11,329 | $1.1M | No change |
| RGCO RGC Resources Inc. | 0.10% | 49,853 | $1.1M | Reduce -0.6% |
| NRG NRG Energy Inc. | 0.10% | 6,910 | $1.1M | New |
| AMAT Applied Materials Inc. | 0.10% | 5,988 | $1.1M | No change |
| MCHP Microchip Technology Inc. | 0.09% | 15,404 | $1.1M | Reduce -93.3% |
| BMY Bristol-Myers Squibb Co. | 0.09% | 23,316 | $1.1M | Reduce -6.5% |
Portfolio Sells Q1 2025 → Q2 2025
| MCHP Microchip Technology Inc. | Reduce -93.3% | 0.09% | −0.93 |
| UNH Unitedhealth Group Inc. | Reduce -0.3% | 1.13% | −0.89 |
| MAS Masco Corp. | Sold out | 0.00% | −0.86 |
| AAPL Apple Inc. | Reduce -0.6% | 2.96% | −0.46 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.44 |
| CVX Chevron Corp. | Reduce -1.7% | 1.17% | −0.30 |
| AMGN Amgen Inc. | Reduce -0.1% | 1.40% | −0.26 |
| LLY Eli Lilly & Co. | Reduce -2.8% | 1.59% | −0.25 |
| JNJ Johnson & Johnson | Reduce -0.6% | 1.31% | −0.21 |
| PG The Procter & Gamble Co. | Reduce -0.4% | 1.31% | −0.18 |
| ADP Automatic Data Processing | Reduce -6.2% | 1.50% | −0.18 |
| V Visa Inc. Class A | Reduce -3.0% | 2.16% | −0.17 |
| CB Chubb Ltd. | Reduce -1.2% | 1.42% | −0.17 |
| ZTS Zoetis Inc. | Reduce -2.4% | 1.05% | −0.15 |
| WM Waste Management Inc. | Reduce -1.6% | 1.33% | −0.12 |
| HD Home Depot Inc. | Reduce -0.9% | 1.45% | −0.10 |
| BF.B Brown-Forman Corp. Class B | Reduce -1.0% | 0.26% | −0.09 |
| TJX TJX Companies Inc. | Reduce -1.4% | 1.49% | −0.09 |
| MRK Merck & Co. Inc. | Reduce -0.2% | 0.40% | −0.08 |
| NOC Northrop Grumman Corp. | Reduce -0.3% | 0.89% | −0.08 |
| LOW Lowe's Cos Inc. | Reduce -1.0% | 0.63% | −0.08 |
| D Dominion Energy Inc. | Reduce -19.3% | 0.24% | −0.07 |
| ABT Abbott Laboratories | Reduce -1.2% | 1.45% | −0.07 |
| ADBE Adobe Inc. | Reduce -0.3% | 0.98% | −0.05 |
| MCD McDonald's Corp. | Reduce -0.6% | 0.37% | −0.05 |
| BMY Bristol-Myers Squibb Co. | Reduce -6.5% | 0.09% | −0.05 |
| VIOO Vanguard S&P Small-Cap 600 E | Reduce -1.9% | 1.35% | −0.04 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.04 |
| MO Altria Group Inc. | Reduce -6.0% | 0.22% | −0.03 |
| UNP Union Pacific Corp. | Reduce -12.3% | 0.13% | −0.03 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.02 |
| INTC Intel Corp. | Sold out | 0.00% | −0.02 |
| K Kellanova | Sold out | 0.00% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -2.7% | 0.17% | −0.02 |
| WMB Williams Cos Inc. | Reduce -1.2% | 1.14% | −0.02 |
| TROW T Rowe Price Group Inc. | Reduce -2.3% | 0.69% | −0.02 |
| TPL Texas Pacific Land Corp. | Sold out | 0.00% | −0.02 |
| VHT Vanguard Health Care ETF | Sold out | 0.00% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -4.0% | 0.18% | −0.02 |
| RPM RPM International Inc. | Sold out | 0.00% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.02 |
| PSX Phillips 66 | Sold out | 0.00% | −0.02 |
| RTX RTX Corp. | Reduce -13.3% | 0.15% | −0.02 |
| KMX Carmax Inc. | Reduce -0.3% | 0.06% | −0.01 |
| UPS United Parcel Service Class B | Reduce -2.4% | 0.07% | −0.01 |
| CI The Cigna Group | Reduce -4.6% | 0.11% | −0.01 |
| AJG Arthur J Gallagher & Co. | Reduce -11.5% | 0.04% | −0.01 |
| PFE Pfizer Inc. | Reduce -2.5% | 0.07% | −0.01 |
| VCIT Vanguard Int-Term Corporate | Reduce -18.1% | 0.03% | −0.01 |
| OTIS Otis Worldwide Corp. | Reduce -12.2% | 0.03% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +1203.4% | 1.08% | +1.02 |
| GLW Corning Inc. | New | 0.87% | +0.87 |
| PM Philip Morris International | Add +106.3% | 0.96% | +0.53 |
| ORCL Oracle Corp. | Add +24.6% | 0.60% | +0.27 |
| XLK SS Technology Select Sector | Add +2.0% | 1.22% | +0.19 |
| NRG NRG Energy Inc. | New | 0.10% | +0.10 |
| GS Goldman Sachs Group Inc. | New | 0.05% | +0.05 |
| FISV Fiserv Inc. | New | 0.05% | +0.05 |
| AXP American Express Co. | Add +122.4% | 0.09% | +0.05 |
| CPB The Campbell's Company | New | 0.05% | +0.05 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +50.0% | 0.19% | +0.04 |
| AR Antero Resources Corp. | New | 0.04% | +0.04 |
| MA Mastercard Inc. Class A | New | 0.04% | +0.04 |
| DXCM Dexcom Inc. | New | 0.04% | +0.04 |
| COF Capital One Financial Corp. | Add +85.6% | 0.06% | +0.03 |
| COST Costco Wholesale Corp. | Add +4.0% | 1.13% | +0.03 |
| BXSL Blackstone Secured Lending F | New | 0.03% | +0.03 |
| ITW Illinois Tool Works | Add +47.6% | 0.10% | +0.03 |
| ADI Analog Devices Inc. | New | 0.02% | +0.02 |
| XLI SS Industrial Select Sector | Add +0.2% | 0.41% | +0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.02% | +0.02 |
| NSC Norfolk Southern Corp. | Add +3.5% | 0.43% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +6.9% | 0.22% | +0.02 |
| MU Micron Technology Inc. | New | 0.02% | +0.02 |
| XLY SS Consumer Disc Select Sect | Add +1.1% | 0.43% | +0.02 |
| BN Brookfield Corp. | New | 0.02% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.02% | +0.02 |
| STLD Steel Dynamics Inc. | New | 0.02% | +0.02 |
| USB US Bancorp | Add +0.8% | 0.90% | +0.02 |
| WMT Walmart Inc. | Add +0.6% | 0.31% | +0.02 |
| META Meta Platforms Inc. Class A | Add +48.2% | 0.03% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +42.2% | 0.04% | +0.01 |
| IWM iShares Russell 2000 ETF | Add +0.9% | 0.40% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +18.9% | 0.06% | +0.01 |
| HON Honeywell International Inc. | Add +11.6% | 0.07% | +0.01 |
| BRBS Blue Ridge Bankshares Inc. | New | 0.01% | +0.01 |
| EMR Emerson Electric Co. | Add +9.5% | 0.04% | +0.01 |
| CAT Caterpillar Inc. | Add +0.3% | 0.07% | +0.01 |
| IBM Intl Business Machines Corp. | Add +6.9% | 0.04% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +3.2% | 0.06% | +0.01 |
| MPC Marathon Petroleum Corp. | Add +3.7% | 0.06% | +0.01 |
| MUB iShares National Muni Bond E | Add +13.0% | 0.11% | +0.01 |
| OEF iShares S&P 100 ETF | Add +16.2% | 0.03% | +0.01 |
| TSLA Tesla Inc. | Add +3.7% | 0.03% | +0.01 |
| TXN Texas Instruments Inc. | Add +1.3% | 0.05% | +0.01 |
| WFC Wells Fargo & Co. | Add +8.6% | 0.03% | +0.00 |
| NKE Nike Inc. Class B | Add +1.2% | 0.05% | +0.00 |
| PGR Progressive Corp. | Add +10.8% | 0.02% | −0.00 |
| SHEL Shell PLC-ADR | Add +8.7% | 0.02% | −0.00 |
| SYY Sysco Corp. | Add +3.4% | 0.02% | −0.00 |
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 |