Trust Co. of Vermont
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 15, 2025), Trust Co. of Vermont reported 1,049 stock positions worth $2.1 billion. Its top holding was Apple (AAPL) at 7.0% of the portfolio, followed by Microsoft (MSFT, 4.6%) and Alphabet Class C (GOOG, 3.5%). Compared with Q3 2024, it opened 79 new positions, sold out of 95, added to 231 and reduced 240. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +88%) and the biggest sale Applied Materials (AMAT, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- BRATTLEBORO, VT
- CIK
- 0001134008
- Portfolio Value
- $2.1B (Q4 2024)
- SEC Filing
- 0001134008-25-000001 ↗ filed Jan 15, 2025
Holdings Value
Holdings 1,049 stocks · $2.1B
| AAPL Apple Inc. | 7.01% | 576,462 | $144.4M | Add +2.7% |
| MSFT Microsoft Corp. | 4.59% | 224,291 | $94.5M | Add +5.1% |
| GOOG Alphabet Inc. Class C | 3.51% | 379,163 | $72.2M | Add +1.4% |
| AMZN Amazon.com Inc. | 3.37% | 315,793 | $69.3M | Add +0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.71% | 123,197 | $55.8M | Add +1.5% |
| JPM JPMorgan Chase & Co. | 2.50% | 214,320 | $51.4M | Add +1.6% |
| COST Costco Wholesale Corp. | 2.28% | 51,124 | $46.8M | Reduce -0.8% |
| NVDA Nvidia Corp. | 2.09% | 319,696 | $42.9M | Add +0.9% |
| META Meta Platforms Inc. Class A | 1.65% | 57,941 | $33.9M | Add +0.6% |
| MA Mastercard Inc. Class A | 1.55% | 60,583 | $31.9M | Add +0.8% |
| PANW Palo Alto Networks Inc. | 1.47% | 166,016 | $30.2M | Add +3.6% |
| ABBV Abbvie Inc. | 1.46% | 169,583 | $30.1M | Reduce -1.7% |
| BLK BlackRock Inc. | 1.43% | 28,782 | $29.5M | Reduce -1.9% |
| PG The Procter & Gamble Co. | 1.43% | 175,859 | $29.5M | Add +4.9% |
| ACN Accenture PLC Class A | 1.32% | 77,353 | $27.2M | Reduce -0.0% |
| NEE Nextera Energy Inc. | 1.31% | 377,120 | $27.0M | Add +2.8% |
| LOW Lowe's Cos Inc. | 1.18% | 98,239 | $24.2M | Add +2.9% |
| TMO Thermo Fisher Scientific Inc. | 1.18% | 46,505 | $24.2M | Add +7.1% |
| JNJ Johnson & Johnson | 1.12% | 159,754 | $23.1M | Reduce -0.3% |
| HON Honeywell International Inc. | 1.11% | 100,750 | $22.8M | Add +0.1% |
| ABT Abbott Laboratories | 1.09% | 199,281 | $22.5M | Reduce -4.6% |
| VOO Vanguard S&P 500 ETF | 1.09% | 41,544 | $22.4M | Add +87.6% |
| UNP Union Pacific Corp. | 1.07% | 96,203 | $21.9M | Add +5.3% |
| HD Home Depot Inc. | 1.06% | 56,071 | $21.8M | Add +1.1% |
| AMAT Applied Materials Inc. | 1.04% | 131,849 | $21.4M | Reduce -5.6% |
| V Visa Inc. Class A | 1.01% | 65,770 | $20.8M | Add +4.4% |
| IJR iShares Core S&P Small-Cap E | 1.00% | 178,136 | $20.5M | Add +23.8% |
| UNH Unitedhealth Group Inc. | 0.96% | 38,993 | $19.7M | Add +9.2% |
| IJH iShares Core S&P Midcap ETF | 0.95% | 313,285 | $19.5M | Add +27.1% |
| EMR Emerson Electric Co. | 0.93% | 154,497 | $19.1M | Add +4.4% |
| PEP Pepsico Inc. | 0.90% | 121,802 | $18.5M | Reduce -1.6% |
| ADP Automatic Data Processing | 0.87% | 61,171 | $17.9M | Add +0.4% |
| GOOGL Alphabet Inc. Class A | 0.87% | 94,167 | $17.8M | Add +7.5% |
| RTX RTX Corp. | 0.83% | 148,462 | $17.2M | Reduce -1.8% |
| INTU Intuit Inc. | 0.82% | 26,921 | $16.9M | Add +7.1% |
| ECL Ecolab Inc. | 0.79% | 69,268 | $16.2M | Reduce -3.5% |
| WMT Walmart Inc. | 0.76% | 173,702 | $15.7M | Add +1.2% |
| CVX Chevron Corp. | 0.75% | 106,192 | $15.4M | Reduce -5.7% |
| ADI Analog Devices Inc. | 0.72% | 70,034 | $14.9M | Add +0.5% |
| CRM Salesforce Inc. | 0.71% | 44,008 | $14.7M | Add +17.1% |
| ETN Eaton Corp. PLC | 0.70% | 43,735 | $14.5M | Reduce -1.7% |
| MCD McDonald's Corp. | 0.69% | 49,222 | $14.3M | Add +3.1% |
| BDX Becton Dickinson and Co. | 0.69% | 62,800 | $14.2M | Reduce -10.1% |
| ADBE Adobe Inc. | 0.68% | 31,282 | $13.9M | Add +20.2% |
| APD Air Products & Chemicals Inc. | 0.67% | 47,899 | $13.9M | Reduce -1.2% |
| O Realty Income Corp. | 0.66% | 253,503 | $13.5M | Add +12.7% |
| CME Cme Group Inc. | 0.65% | 57,990 | $13.5M | Add +12.1% |
| BKNG Booking Holdings Inc. | 0.65% | 2,706 | $13.4M | Reduce -2.5% |
| VTIP Vanguard Short-Term Tips | 0.65% | 275,249 | $13.3M | Add +14.2% |
| XOM Exxon Mobil Corp. | 0.59% | 112,542 | $12.1M | Reduce -1.9% |
| MRK Merck & Co. Inc. | 0.56% | 116,338 | $11.6M | Reduce -8.3% |
| CSCO Cisco Systems Inc. | 0.56% | 194,397 | $11.5M | Add +0.3% |
| SYK Stryker Corp. | 0.55% | 31,699 | $11.4M | Add +6.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.53% | 49,826 | $11.0M | Reduce -2.7% |
| ITW Illinois Tool Works | 0.53% | 43,123 | $10.9M | Add +0.4% |
| SBUX Starbucks Corp. | 0.52% | 117,690 | $10.7M | Reduce -14.6% |
| CHD Church & Dwight Co. Inc. | 0.50% | 98,570 | $10.3M | Add +4.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.47% | 79,253 | $9.6M | Reduce -0.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.47% | 48,475 | $9.6M | Add +51.0% |
| AMT American Tower Corp. | 0.46% | 51,198 | $9.4M | Reduce -10.6% |
| ICE Intercontinental Exchange Inc. | 0.45% | 62,078 | $9.3M | Reduce -10.3% |
| VHT Vanguard Health Care ETF | 0.43% | 34,511 | $8.8M | New |
| ENB Enbridge Inc. | 0.42% | 203,311 | $8.6M | Reduce -3.1% |
| PFE Pfizer Inc. | 0.42% | 323,516 | $8.6M | Reduce -20.7% |
| CMCSA Comcast Corp. Class A | 0.40% | 220,381 | $8.3M | Reduce -15.6% |
| VEA Vanguard Ftse Developed ETF | 0.39% | 167,561 | $8.0M | Add +4.3% |
| DE Deere & Co. | 0.38% | 18,483 | $7.8M | Reduce -12.4% |
| IVV iShares Core S&P 500 ETF | 0.38% | 13,212 | $7.8M | Add +0.2% |
| ORCL Oracle Corp. | 0.36% | 44,938 | $7.5M | Add +4.4% |
| NSC Norfolk Southern Corp. | 0.36% | 31,245 | $7.3M | Add +0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.35% | 12,282 | $7.2M | Add +10.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.34% | 13,565 | $6.9M | Reduce -1.7% |
| AXP American Express Co. | 0.33% | 23,169 | $6.9M | Reduce -1.2% |
| MMM 3M Co. | 0.33% | 53,030 | $6.8M | Add +3.8% |
| LMT Lockheed Martin Corp. | 0.33% | 13,961 | $6.8M | Reduce -0.3% |
| LLY Eli Lilly & Co. | 0.32% | 8,659 | $6.7M | Add +6.7% |
| WM Waste Management Inc. | 0.30% | 30,805 | $6.2M | Add +0.5% |
| NKE Nike Inc. Class B | 0.30% | 81,369 | $6.2M | Reduce -7.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.30% | 54,617 | $6.1M | Reduce -5.0% |
| VIG Vanguard Dividend Apprec ETF | 0.29% | 30,973 | $6.1M | Add +8.5% |
| AMGN Amgen Inc. | 0.29% | 23,245 | $6.1M | Add +0.1% |
| TMUS T-Mobile US Inc. | 0.29% | 26,972 | $6.0M | Add +11.9% |
| ADSK Autodesk Inc. | 0.27% | 19,085 | $5.6M | Reduce -0.9% |
| CB Chubb Ltd. | 0.27% | 20,385 | $5.6M | Reduce -0.8% |
| DHR Danaher Corp. | 0.27% | 24,286 | $5.6M | Add +14.9% |
| BND Vanguard Total Bond Market | 0.27% | 77,168 | $5.5M | Add +80.9% |
| VEU Vanguard Ftse All-World Ex-U | 0.27% | 96,240 | $5.5M | Add +3.6% |
| TSLA Tesla Inc. | 0.27% | 13,575 | $5.5M | Reduce -6.8% |
| PAYX Paychex Inc. | 0.27% | 38,926 | $5.5M | Reduce -1.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.26% | 18,771 | $5.4M | Add +31.1% |
| CI The Cigna Group | 0.25% | 18,458 | $5.1M | Reduce -5.3% |
| ALL Allstate Corp. | 0.23% | 25,061 | $4.8M | Reduce -1.3% |
| MKC McCormick & Co.-Non VTG SHRS | 0.23% | 62,883 | $4.8M | Reduce -5.9% |
| MDLZ Mondelez International Inc. Class A | 0.23% | 78,854 | $4.7M | Reduce -3.8% |
| NVS Novartis AG-Sponsored ADR | 0.23% | 47,968 | $4.7M | Reduce -0.8% |
| VWO Vanguard Ftse Emerging Marke | 0.22% | 104,604 | $4.6M | Add +2.3% |
| VZ Verizon Communications Inc. | 0.22% | 112,100 | $4.5M | Reduce -6.3% |
| CAT Caterpillar Inc. | 0.22% | 12,291 | $4.5M | Reduce -3.6% |
| CTVA Corteva Inc. | 0.21% | 76,783 | $4.4M | Add +56.4% |
| KO The Coca-Cola Co. | 0.21% | 68,605 | $4.3M | Reduce -13.2% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $49K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 40 | $48K | New |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 28 | $771 | New |
Total filed on the 13F, all lines: $2.1B.
Portfolio Sells Q3 2024 → Q4 2024
| AMAT Applied Materials Inc. | Reduce -5.6% | 1.04% | −0.37 |
| ABBV Abbvie Inc. | Reduce -1.7% | 1.46% | −0.24 |
| AMT American Tower Corp. | Reduce -10.6% | 0.46% | −0.21 |
| CVS CVS Health Corp. | Reduce -41.4% | 0.14% | −0.20 |
| JNJ Johnson & Johnson | Reduce -0.3% | 1.12% | −0.18 |
| PFE Pfizer Inc. | Reduce -20.7% | 0.42% | −0.18 |
| MRK Merck & Co. Inc. | Reduce -8.3% | 0.56% | −0.16 |
| PEP Pepsico Inc. | Reduce -1.6% | 0.90% | −0.16 |
| BDX Becton Dickinson and Co. | Reduce -10.1% | 0.69% | −0.15 |
| SBUX Starbucks Corp. | Reduce -14.6% | 0.52% | −0.15 |
| CMCSA Comcast Corp. Class A | Reduce -15.6% | 0.40% | −0.14 |
| ECL Ecolab Inc. | Reduce -3.5% | 0.79% | −0.13 |
| STZ Constellation Brands Inc. Class A | Reduce -27.2% | 0.17% | −0.11 |
| ICE Intercontinental Exchange Inc. | Reduce -10.3% | 0.45% | −0.11 |
| ABT Abbott Laboratories | Reduce -4.6% | 1.09% | −0.10 |
| MSM MSC Industrial Direct Co. Class A | Reduce -67.7% | 0.04% | −0.10 |
| NKE Nike Inc. Class B | Reduce -7.7% | 0.30% | −0.09 |
| CI The Cigna Group | Reduce -5.3% | 0.25% | −0.09 |
| MDT Medtronic PLC | Reduce -18.8% | 0.20% | −0.09 |
| XOM Exxon Mobil Corp. | Reduce -1.9% | 0.59% | −0.09 |
| CVX Chevron Corp. | Reduce -5.7% | 0.75% | −0.08 |
| RTX RTX Corp. | Reduce -1.8% | 0.83% | −0.08 |
| LMT Lockheed Martin Corp. | Reduce -0.3% | 0.33% | −0.08 |
| KO The Coca-Cola Co. | Reduce -13.2% | 0.21% | −0.08 |
| MDLZ Mondelez International Inc. Class A | Reduce -3.8% | 0.23% | −0.07 |
| DE Deere & Co. | Reduce -12.4% | 0.38% | −0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -3.7% | 0.11% | −0.05 |
| NVS Novartis AG-Sponsored ADR | Reduce -0.8% | 0.23% | −0.05 |
| VZ Verizon Communications Inc. | Reduce -6.3% | 0.22% | −0.05 |
| ACN Accenture PLC Class A | Reduce -0.0% | 1.32% | −0.05 |
| APD Air Products & Chemicals Inc. | Reduce -1.2% | 0.67% | −0.05 |
| LRCX Lam Research Corp. | Reduce -18.4% | 0.11% | −0.05 |
| DEO Diageo PLC-Sponsored ADR | Reduce -16.0% | 0.13% | −0.04 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -5.9% | 0.23% | −0.04 |
| TD Toronto-Dominion Bank | Reduce -6.7% | 0.12% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -2.7% | 0.53% | −0.04 |
| ETN Eaton Corp. PLC | Reduce -1.7% | 0.70% | −0.03 |
| LIN Linde PLC | Reduce -0.7% | 0.18% | −0.03 |
| CAT Caterpillar Inc. | Reduce -3.6% | 0.22% | −0.03 |
| UL Unilever PLC | Reduce -5.0% | 0.10% | −0.02 |
| CB Chubb Ltd. | Reduce -0.8% | 0.27% | −0.02 |
| MTCH Match Group Inc. | Reduce -3.4% | 0.10% | −0.02 |
| CL Colgate-Palmolive Co. | Reduce -0.3% | 0.12% | −0.02 |
| CCK Crown Holdings Inc. | Reduce -1.6% | 0.10% | −0.02 |
| PAG Penske Automotive Group Inc. | Reduce -0.8% | 0.18% | −0.02 |
| RY Royal Bank of Canada | Reduce -82.0% | 0.00% | −0.02 |
| EBAY eBay Inc. | Reduce -22.3% | 0.05% | −0.02 |
| BAC Bank of America Corp. | Reduce -14.2% | 0.20% | −0.02 |
| GD General Dynamics Corp. | Reduce -0.2% | 0.09% | −0.02 |
| DD Dupont DE Nemours Inc. | Reduce -4.0% | 0.06% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| VOO Vanguard S&P 500 ETF | Add +87.6% | 1.09% | +0.50 |
| AAPL Apple Inc. | Add +2.7% | 7.01% | +0.46 |
| AMZN Amazon.com Inc. | Add +0.3% | 3.37% | +0.43 |
| VHT Vanguard Health Care ETF | New | 0.43% | +0.43 |
| GOOG Alphabet Inc. Class C | Add +1.4% | 3.51% | +0.37 |
| JPM JPMorgan Chase & Co. | Add +1.6% | 2.50% | +0.27 |
| CRM Salesforce Inc. | Add +17.1% | 0.71% | +0.20 |
| TSM Taiwan Semiconductor-SP ADR | Add +51.0% | 0.47% | +0.19 |
| IJH iShares Core S&P Midcap ETF | Add +27.1% | 0.95% | +0.18 |
| VGT Vanguard Info Tech ETF | Add +765.9% | 0.18% | +0.16 |
| NVDA Nvidia Corp. | Add +0.9% | 2.09% | +0.16 |
| IJR iShares Core S&P Small-Cap E | Add +23.8% | 1.00% | +0.15 |
| V Visa Inc. Class A | Add +4.4% | 1.01% | +0.14 |
| GOOGL Alphabet Inc. Class A | Add +7.5% | 0.87% | +0.14 |
| PLD Prologis Inc. | Add +782.7% | 0.15% | +0.13 |
| EMR Emerson Electric Co. | Add +4.4% | 0.93% | +0.12 |
| BND Vanguard Total Bond Market | Add +80.9% | 0.27% | +0.11 |
| TPG TPG Inc. | New | 0.11% | +0.11 |
| LNG Cheniere Energy Inc. | Add +81.6% | 0.19% | +0.10 |
| PANW Palo Alto Networks Inc. | Add +3.6% | 1.47% | +0.09 |
| CMI Cummins Inc. | Add +85.5% | 0.19% | +0.09 |
| SGOV iShares 0-3 Month Treasury B | New | 0.09% | +0.09 |
| CME Cme Group Inc. | Add +12.1% | 0.65% | +0.08 |
| VIGI Vanguard Int Div App Indx FD | Add +2074.3% | 0.07% | +0.07 |
| CTVA Corteva Inc. | Add +56.4% | 0.21% | +0.07 |
| WMT Walmart Inc. | Add +1.2% | 0.76% | +0.07 |
| HON Honeywell International Inc. | Add +0.1% | 1.11% | +0.06 |
| MA Mastercard Inc. Class A | Add +0.8% | 1.55% | +0.06 |
| VTI VG Morningstar TS MKT ETF-US | Add +31.1% | 0.26% | +0.06 |
| UPS United Parcel Service Class B | Add +109.3% | 0.11% | +0.05 |
| SCHB Schwab US Broad Market ETF | Add +597.0% | 0.06% | +0.05 |
| VTIP Vanguard Short-Term Tips | Add +14.2% | 0.65% | +0.05 |
| BHB Bar Harbor Bankshares | Add +561.1% | 0.06% | +0.05 |
| FISV Fiserv Inc. | Add +170.4% | 0.07% | +0.05 |
| CSCO Cisco Systems Inc. | Add +0.3% | 0.56% | +0.04 |
| TMUS T-Mobile US Inc. | Add +11.9% | 0.29% | +0.04 |
| INTU Intuit Inc. | Add +7.1% | 0.82% | +0.04 |
| VFH Vanguard Financials ETF | New | 0.04% | +0.04 |
| NOW ServiceNow Inc. | Add +133.6% | 0.06% | +0.04 |
| TTD Trade Desk Inc./the Class A | Add +8785.7% | 0.04% | +0.04 |
| VTEB Vanguard Tax-Exempt Bond ETF | New | 0.03% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +10.2% | 0.35% | +0.03 |
| AROW Arrow Financial Corp. | Add +49.5% | 0.08% | +0.02 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +50.2% | 0.09% | +0.02 |
| ADP Automatic Data Processing | Add +0.4% | 0.87% | +0.02 |
| COF Capital One Financial Corp. | Add +0.5% | 0.16% | +0.02 |
| BMY Bristol-Myers Squibb Co. | Add +14.2% | 0.12% | +0.02 |
| VOX Vanguard Communication Servi | New | 0.02% | +0.02 |
| ROP Roper Technologies Inc. | Add +167.5% | 0.03% | +0.02 |
| VSS Vanguard Ftse All Wo X-US SC | Add +203.0% | 0.02% | +0.02 |
Notes & Other Activity Q3 2024 → Q4 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | New | 40 | $48K |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | New | 28 | $771 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,154 | $2.7B | AAPL, GOOG, MSFT, AMAT, AMZN |
| Q4 2025 | 1,131 | $2.4B | AAPL, GOOG, MSFT, AMZN, JPM |
| Q3 2025 | 1,094 | $2.3B | AAPL, MSFT, GOOG, AMZN, JPM |
| Q2 2025 | 1,085 | $2.1B | AAPL, MSFT, AMZN, GOOG, JPM |
| Q1 2025 | 1,024 | $2.0B | AAPL, MSFT, BRK.B, AMZN, GOOG |
| Q4 2024 | 1,049 | $2.1B | AAPL, MSFT, GOOG, AMZN, BRK.B |
| Q3 2024 | 1,064 | $2.0B | AAPL, MSFT, GOOG, AMZN, BRK.B |
| Q2 2024 | 900 | $1.8B | AAPL, MSFT, GOOG, AMZN, BRK.B |
| Q1 2024 | 844 | $1.8B | AAPL, MSFT, GOOG, AMZN, BRK.B |