Trust Co. of Vermont
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 14, 2025), Trust Co. of Vermont reported 1,094 stock positions worth $2.3 billion. Its top holding was Apple (AAPL) at 6.3% of the portfolio, followed by Microsoft (MSFT, 5.3%) and Alphabet Class C (GOOG, 4.0%). Compared with Q2 2025, it opened 110 new positions, sold out of 101, added to 225 and reduced 246. The biggest buy was Alphabet Class C (GOOG, shares +0%) and the biggest sale Adobe (ADBE, shares −39%).
- Most Recent 13F
- Q2 2026
- Location
- BRATTLEBORO, VT
- CIK
- 0001134008
- Portfolio Value
- $2.3B (Q3 2025)
- SEC Filing
- 0001134008-25-000008 ↗ filed Oct 14, 2025
Holdings Value
Holdings 1,094 stocks · $2.3B
| AAPL Apple Inc. | 6.28% | 567,055 | $144.4M | Reduce -0.1% |
| MSFT Microsoft Corp. | 5.27% | 233,639 | $121.0M | Add +2.6% |
| GOOG Alphabet Inc. Class C | 4.02% | 379,635 | $92.5M | Add +0.3% |
| AMZN Amazon.com Inc. | 3.04% | 318,116 | $69.8M | Add +0.9% |
| JPM JPMorgan Chase & Co. | 2.90% | 210,881 | $66.5M | Reduce -0.4% |
| NVDA Nvidia Corp. | 2.80% | 344,546 | $64.3M | Add +1.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.69% | 123,123 | $61.9M | Add +1.1% |
| COST Costco Wholesale Corp. | 2.08% | 51,537 | $47.7M | Add +1.1% |
| META Meta Platforms Inc. Class A | 1.97% | 61,734 | $45.3M | Add +3.8% |
| ABBV Abbvie Inc. | 1.76% | 174,524 | $40.4M | Add +7.7% |
| PANW Palo Alto Networks Inc. | 1.57% | 177,358 | $36.1M | Add +5.7% |
| VOO Vanguard S&P 500 ETF | 1.50% | 56,092 | $34.3M | Add +11.9% |
| JNJ Johnson & Johnson | 1.44% | 178,024 | $33.0M | Add +3.0% |
| MA Mastercard Inc. Class A | 1.43% | 57,952 | $33.0M | Reduce -1.1% |
| BLK BlackRock Inc. | 1.40% | 27,641 | $32.2M | Reduce -0.4% |
| NEE Nextera Energy Inc. | 1.31% | 399,835 | $30.2M | Add +2.7% |
| PG The Procter & Gamble Co. | 1.28% | 191,319 | $29.4M | Add +7.3% |
| AMAT Applied Materials Inc. | 1.17% | 131,670 | $27.0M | Add +5.7% |
| LOW Lowe's Cos Inc. | 1.13% | 103,246 | $25.9M | Add +2.7% |
| ABT Abbott Laboratories | 1.10% | 189,374 | $25.4M | Reduce -0.7% |
| IJH iShares Core S&P Midcap ETF | 1.09% | 385,388 | $25.2M | Add +14.1% |
| RTX RTX Corp. | 1.03% | 141,913 | $23.7M | Reduce -1.0% |
| UNP Union Pacific Corp. | 1.02% | 99,530 | $23.5M | Add +3.6% |
| TMO Thermo Fisher Scientific Inc. | 1.01% | 47,994 | $23.3M | Add +3.0% |
| V Visa Inc. Class A | 1.01% | 67,874 | $23.2M | Add +2.8% |
| TSM Taiwan Semiconductor-SP ADR | 1.01% | 82,817 | $23.1M | Add +17.1% |
| VTIP Vanguard Short-Term Tips | 0.99% | 450,306 | $22.8M | Add +25.7% |
| HD Home Depot Inc. | 0.99% | 56,035 | $22.7M | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 0.95% | 89,859 | $21.8M | Reduce -1.1% |
| EMR Emerson Electric Co. | 0.90% | 158,153 | $20.7M | Add +0.5% |
| HON Honeywell International Inc. | 0.87% | 95,351 | $20.1M | Reduce -2.0% |
| IJR iShares Core S&P Small-Cap E | 0.87% | 167,447 | $19.9M | Reduce -9.3% |
| ACN Accenture PLC Class A | 0.86% | 80,136 | $19.8M | Add +3.9% |
| ECL Ecolab Inc. | 0.83% | 69,387 | $19.0M | Add +1.5% |
| VHT Vanguard Health Care ETF | 0.82% | 72,979 | $18.9M | Add +18.6% |
| INTU Intuit Inc. | 0.80% | 27,062 | $18.5M | Add +0.8% |
| ETN Eaton Corp. PLC | 0.77% | 47,573 | $17.8M | Add +5.5% |
| CRM Salesforce Inc. | 0.75% | 72,352 | $17.1M | Add +31.1% |
| WMT Walmart Inc. | 0.75% | 166,151 | $17.1M | Reduce -0.9% |
| ADP Automatic Data Processing | 0.74% | 58,120 | $17.1M | Reduce -0.9% |
| CME Cme Group Inc. | 0.74% | 63,076 | $17.0M | Add +2.9% |
| PEP Pepsico Inc. | 0.72% | 118,014 | $16.6M | Reduce -1.7% |
| ADI Analog Devices Inc. | 0.72% | 67,302 | $16.5M | Reduce -2.6% |
| O Realty Income Corp. | 0.72% | 270,399 | $16.4M | Add +2.9% |
| CVX Chevron Corp. | 0.71% | 105,465 | $16.4M | Add +1.8% |
| MCD McDonald's Corp. | 0.64% | 48,447 | $14.7M | Reduce -1.2% |
| XOM Exxon Mobil Corp. | 0.63% | 127,861 | $14.4M | Add +14.1% |
| BKNG Booking Holdings Inc. | 0.61% | 2,578 | $13.9M | Reduce -1.6% |
| CSCO Cisco Systems Inc. | 0.60% | 202,980 | $13.9M | Add +7.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.55% | 45,001 | $12.7M | Add +4.8% |
| ORCL Oracle Corp. | 0.54% | 44,520 | $12.5M | Reduce -1.1% |
| APD Air Products & Chemicals Inc. | 0.52% | 44,194 | $12.1M | Reduce -1.0% |
| SYK Stryker Corp. | 0.52% | 32,064 | $11.9M | Reduce -1.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.48% | 76,900 | $11.1M | Reduce -0.9% |
| ITW Illinois Tool Works | 0.46% | 40,828 | $10.6M | Reduce -3.0% |
| VEA Vanguard Ftse Developed ETF | 0.45% | 172,936 | $10.4M | Add +4.4% |
| ICE Intercontinental Exchange Inc. | 0.43% | 58,869 | $9.9M | Add +0.3% |
| ENB Enbridge Inc. | 0.43% | 195,794 | $9.9M | Add +0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.42% | 14,642 | $9.8M | Reduce -0.2% |
| NSC Norfolk Southern Corp. | 0.40% | 30,719 | $9.2M | Reduce -1.0% |
| MRK Merck & Co. Inc. | 0.39% | 107,073 | $9.0M | Reduce -1.6% |
| BDX Becton Dickinson and Co. | 0.38% | 47,196 | $8.8M | Reduce -12.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.37% | 26,190 | $8.6M | Add +6.0% |
| SGOV iShares 0-3 Month Treasury B | 0.37% | 85,005 | $8.6M | Add +19.3% |
| SBUX Starbucks Corp. | 0.37% | 100,339 | $8.5M | Reduce -5.2% |
| AMT American Tower Corp. | 0.36% | 42,995 | $8.3M | Reduce -3.0% |
| CHD Church & Dwight Co. Inc. | 0.36% | 94,038 | $8.2M | Reduce -2.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.36% | 114,858 | $8.2M | Add +14.5% |
| DE Deere & Co. | 0.35% | 17,449 | $8.0M | Add +0.1% |
| AXP American Express Co. | 0.34% | 23,786 | $7.9M | Add +1.2% |
| VIG Vanguard Dividend Apprec ETF | 0.34% | 36,461 | $7.9M | Add +10.1% |
| LMT Lockheed Martin Corp. | 0.32% | 14,669 | $7.3M | Add +4.5% |
| TMUS T-Mobile US Inc. | 0.32% | 30,475 | $7.3M | Add +5.1% |
| IVV iShares Core S&P 500 ETF | 0.32% | 10,825 | $7.2M | Add +0.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.30% | 11,485 | $6.9M | Add +3.3% |
| PLD Prologis Inc. | 0.30% | 60,200 | $6.9M | Add +15.3% |
| WM Waste Management Inc. | 0.30% | 31,056 | $6.9M | Add +0.5% |
| LLY Eli Lilly & Co. | 0.30% | 8,983 | $6.9M | Reduce -0.3% |
| AMGN Amgen Inc. | 0.28% | 22,620 | $6.4M | Add +1.6% |
| CMI Cummins Inc. | 0.28% | 15,056 | $6.4M | Add +11.9% |
| CTVA Corteva Inc. | 0.27% | 92,410 | $6.2M | Add +5.5% |
| NVS Novartis AG-Sponsored ADR | 0.26% | 45,739 | $5.9M | Reduce -1.8% |
| LNG Cheniere Energy Inc. | 0.25% | 24,883 | $5.8M | Add +13.4% |
| VWO Vanguard Ftse Emerging Marke | 0.25% | 107,408 | $5.8M | Add +5.0% |
| AVGO Broadcom Inc. | 0.25% | 17,537 | $5.8M | Add +5.1% |
| CB Chubb Ltd. | 0.25% | 20,401 | $5.8M | Reduce -0.1% |
| ADSK Autodesk Inc. | 0.25% | 17,920 | $5.7M | Reduce -3.0% |
| CAT Caterpillar Inc. | 0.25% | 11,918 | $5.7M | Reduce -0.6% |
| ADBE Adobe Inc. | 0.25% | 16,012 | $5.6M | Reduce -39.3% |
| PFE Pfizer Inc. | 0.24% | 216,719 | $5.5M | Reduce -11.9% |
| BND Vanguard Total Bond Market | 0.24% | 72,721 | $5.4M | Reduce -0.8% |
| ALL Allstate Corp. | 0.23% | 24,812 | $5.3M | Reduce -0.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.23% | 45,732 | $5.2M | Add +1.2% |
| CI The Cigna Group | 0.21% | 16,767 | $4.8M | Reduce -1.1% |
| CMCSA Comcast Corp. Class A | 0.21% | 153,379 | $4.8M | Reduce -8.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.21% | 93,020 | $4.8M | Add +2.0% |
| VZ Verizon Communications Inc. | 0.21% | 108,151 | $4.8M | Reduce -0.2% |
| MDLZ Mondelez International Inc. Class A | 0.21% | 76,035 | $4.7M | Reduce -0.5% |
| VGT Vanguard Info Tech ETF | 0.20% | 6,279 | $4.7M | Add +1.2% |
| PAYX Paychex Inc. | 0.20% | 36,525 | $4.6M | Reduce -0.6% |
Portfolio Sells Q2 2025 → Q3 2025
| ADBE Adobe Inc. | Reduce -39.3% | 0.25% | −0.23 |
| HON Honeywell International Inc. | Reduce -2.0% | 0.87% | −0.19 |
| ABT Abbott Laboratories | Reduce -0.7% | 1.10% | −0.12 |
| MA Mastercard Inc. Class A | Reduce -1.1% | 1.43% | −0.12 |
| ADP Automatic Data Processing | Reduce -0.9% | 0.74% | −0.11 |
| BKNG Booking Holdings Inc. | Reduce -1.6% | 0.61% | −0.11 |
| AMT American Tower Corp. | Reduce -3.0% | 0.36% | −0.10 |
| SYK Stryker Corp. | Reduce -1.0% | 0.52% | −0.09 |
| SBUX Starbucks Corp. | Reduce -5.2% | 0.37% | −0.09 |
| IJR iShares Core S&P Small-Cap E | Reduce -9.3% | 0.87% | −0.08 |
| CHD Church & Dwight Co. Inc. | Reduce -2.6% | 0.36% | −0.08 |
| CMCSA Comcast Corp. Class A | Reduce -8.6% | 0.21% | −0.07 |
| APD Air Products & Chemicals Inc. | Reduce -1.0% | 0.52% | −0.07 |
| UNH Unitedhealth Group Inc. | Reduce -32.2% | 0.13% | −0.06 |
| ADI Analog Devices Inc. | Reduce -2.6% | 0.72% | −0.05 |
| BDX Becton Dickinson and Co. | Reduce -12.7% | 0.38% | −0.05 |
| CI The Cigna Group | Reduce -1.1% | 0.21% | −0.05 |
| PAYX Paychex Inc. | Reduce -0.6% | 0.20% | −0.05 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -2.8% | 0.17% | −0.05 |
| ISRG Intuitive Surgical Inc. | Reduce -9.3% | 0.09% | −0.04 |
| PFE Pfizer Inc. | Reduce -11.9% | 0.24% | −0.04 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.5% | 0.21% | −0.04 |
| MCD McDonald's Corp. | Reduce -1.2% | 0.64% | −0.03 |
| LLY Eli Lilly & Co. | Reduce -0.3% | 0.30% | −0.03 |
| CARR Carrier Global Corp. | Reduce -0.9% | 0.10% | −0.03 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -45.7% | 0.04% | −0.03 |
| NKE Nike Inc. Class B | Reduce -5.3% | 0.17% | −0.03 |
| CB Chubb Ltd. | Reduce -0.1% | 0.25% | −0.03 |
| KO The Coca-Cola Co. | Reduce -0.5% | 0.17% | −0.03 |
| WMT Walmart Inc. | Reduce -0.9% | 0.75% | −0.03 |
| ITW Illinois Tool Works | Reduce -3.0% | 0.46% | −0.03 |
| T AT&T Inc. | Reduce -8.9% | 0.12% | −0.03 |
| DHR Danaher Corp. | Reduce -4.6% | 0.20% | −0.03 |
| PEP Pepsico Inc. | Reduce -1.7% | 0.72% | −0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -3.5% | 0.06% | −0.02 |
| UPS United Parcel Service Class B | Reduce -6.4% | 0.06% | −0.02 |
| CCK Crown Holdings Inc. | Reduce -7.8% | 0.10% | −0.02 |
| STZ Constellation Brands Inc. Class A | Reduce -17.3% | 0.04% | −0.02 |
| PM Philip Morris International | Reduce -4.9% | 0.08% | −0.02 |
| ADSK Autodesk Inc. | Reduce -3.0% | 0.25% | −0.02 |
| CVS CVS Health Corp. | Reduce -16.3% | 0.11% | −0.02 |
| COF Capital One Financial Corp. | Reduce -1.8% | 0.19% | −0.02 |
| BND Vanguard Total Bond Market | Reduce -0.8% | 0.24% | −0.02 |
| TGT Target Corp. | Reduce -10.9% | 0.05% | −0.02 |
| MDT Medtronic PLC | Reduce -9.2% | 0.18% | −0.02 |
| PYPL PayPal Holdings Inc. | Reduce -1.8% | 0.07% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -1.6% | 0.39% | −0.01 |
| PAG Penske Automotive Group Inc. | Reduce -1.1% | 0.18% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -0.2% | 0.21% | −0.01 |
| DEO Diageo PLC-Sponsored ADR | Reduce -11.5% | 0.05% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOG Alphabet Inc. Class C | Add +0.3% | 4.02% | +0.86 |
| ABBV Abbvie Inc. | Add +7.7% | 1.76% | +0.34 |
| NVDA Nvidia Corp. | Add +1.8% | 2.80% | +0.28 |
| TSM Taiwan Semiconductor-SP ADR | Add +17.1% | 1.01% | +0.25 |
| JNJ Johnson & Johnson | Add +3.0% | 1.44% | +0.19 |
| VOO Vanguard S&P 500 ETF | Add +11.9% | 1.50% | +0.15 |
| VTIP Vanguard Short-Term Tips | Add +25.7% | 0.99% | +0.14 |
| TMO Thermo Fisher Scientific Inc. | Add +3.0% | 1.01% | +0.12 |
| IJH iShares Core S&P Midcap ETF | Add +14.1% | 1.09% | +0.11 |
| VHT Vanguard Health Care ETF | Add +18.6% | 0.82% | +0.11 |
| AMAT Applied Materials Inc. | Add +5.7% | 1.17% | +0.10 |
| LOW Lowe's Cos Inc. | Add +2.7% | 1.13% | +0.08 |
| CMI Cummins Inc. | Add +11.9% | 0.28% | +0.07 |
| XOM Exxon Mobil Corp. | Add +14.1% | 0.63% | +0.06 |
| VGSH Vanguard Short-Term Treasury | Add +514.0% | 0.06% | +0.05 |
| PLD Prologis Inc. | Add +15.3% | 0.30% | +0.04 |
| NEE Nextera Energy Inc. | Add +2.7% | 1.31% | +0.04 |
| VEU Vanguard Ftse All-World Ex-U | Add +14.5% | 0.36% | +0.04 |
| CRM Salesforce Inc. | Add +31.1% | 0.75% | +0.04 |
| AVGO Broadcom Inc. | Add +5.1% | 0.25% | +0.04 |
| SGOV iShares 0-3 Month Treasury B | Add +19.3% | 0.37% | +0.03 |
| BNDX Vanguard Total Intl Bond ETF | Add +308.5% | 0.04% | +0.03 |
| BX Blackstone Inc. | Add +161.7% | 0.05% | +0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +75.6% | 0.06% | +0.03 |
| TPG TPG Inc. | Add +20.0% | 0.14% | +0.03 |
| VIG Vanguard Dividend Apprec ETF | Add +10.1% | 0.34% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +6.0% | 0.37% | +0.02 |
| GLD SPDR Gold Shares | Add +4.5% | 0.16% | +0.02 |
| ETN Eaton Corp. PLC | Add +5.5% | 0.77% | +0.02 |
| VWO Vanguard Ftse Emerging Marke | Add +5.0% | 0.25% | +0.01 |
| ENB Enbridge Inc. | Add +0.6% | 0.43% | +0.01 |
| CVX Chevron Corp. | Add +1.8% | 0.71% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Add +25.9% | 0.11% | +0.01 |
| LMT Lockheed Martin Corp. | Add +4.5% | 0.32% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +3.3% | 0.30% | +0.01 |
| INGR Ingredion Inc. | Add +1052.6% | 0.01% | +0.01 |
| VGT Vanguard Info Tech ETF | Add +1.2% | 0.20% | +0.01 |
| FORAX Forum Real Estate Inc. Class I | New | 0.01% | +0.01 |
| BNY Bank of New York Mellon Corp. | Add +7.7% | 0.05% | +0.01 |
| MET Metlife Inc. | Add +82.5% | 0.02% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +19.0% | 0.04% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +13.9% | 0.06% | +0.01 |
| ZTS Zoetis Inc. | Add +98.0% | 0.02% | +0.01 |
| TD Toronto-Dominion Bank | Add +3.2% | 0.20% | +0.01 |
| IEMG iShares Core MSCI Emerging | Add +14.4% | 0.05% | +0.01 |
| VEA Vanguard Ftse Developed ETF | Add +4.4% | 0.45% | +0.01 |
| ATO Atmos Energy Corp. | Add +3.5% | 0.11% | +0.01 |
| IEUR iShares Core MSCI Europe ETF | New | 0.01% | +0.01 |
| BAC Bank of America Corp. | Add +2.0% | 0.21% | +0.01 |
| IEFA iShares Core MSCI Eafe ETF | Add +13.4% | 0.06% | +0.01 |
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 |