Trust Co. of Vermont

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 16, 2026), Trust Co. of Vermont reported 1,131 stock positions worth $2.4 billion. Its top holding was Apple (AAPL) at 6.6% of the portfolio, followed by Alphabet Class C (GOOG, 4.9%) and Microsoft (MSFT, 4.8%). Compared with Q3 2025, it opened 102 new positions, sold out of 65, added to 277 and reduced 227. The biggest buy was Vanguard Short-Term Tips (VTIP, shares +63%) and the biggest sale Accenture Class A (ACN, shares −34%).

Most Recent 13F
Q2 2026
Location
BRATTLEBORO, VT
CIK
0001134008
Portfolio Value
$2.4B (Q4 2025)
SEC Filing
0001134008-26-000001 ↗ filed Jan 16, 2026

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $1.8B Q1 2024 Q2 2024: $1.8B Q2 2024 Q3 2024: $2.0B Q3 2024 Q4 2024: $2.1B Q4 2024 Q1 2025: $2.0B Q1 2025 Q2 2025: $2.1B Q2 2025 Q3 2025: $2.3B Q3 2025 Q4 2025: $2.4B $2.4B Q4 2025 Q2 2026: $2.7B Q2 2026

Holdings 1,131 stocks · $2.4B

AAPL Apple Inc. 6.61% 582,482 $158.4M Add +2.7%
GOOG Alphabet Inc. Class C 4.92% 375,243 $117.8M Reduce -1.2%
MSFT Microsoft Corp. 4.80% 237,666 $114.9M Add +1.7%
AMZN Amazon.com Inc. 3.12% 323,315 $74.6M Add +1.6%
JPM JPMorgan Chase & Co. 2.82% 210,011 $67.7M Reduce -0.4%
NVDA Nvidia Corp. 2.71% 348,738 $65.0M Add +1.2%
BRK.B Berkshire Hathaway Inc. Class B 2.63% 125,215 $62.9M Add +1.7%
COST Costco Wholesale Corp. 1.88% 52,184 $45.0M Add +1.3%
META Meta Platforms Inc. Class A 1.82% 66,128 $43.7M Add +7.1%
VOO Vanguard S&P 500 ETF 1.74% 66,644 $41.8M Add +18.8%
JNJ Johnson & Johnson 1.65% 191,009 $39.5M Add +7.3%
ABBV Abbvie Inc. 1.61% 168,625 $38.5M Reduce -3.4%
VTIP Vanguard Short-Term Tips 1.51% 732,514 $36.2M Add +62.7%
PANW Palo Alto Networks Inc. 1.42% 185,267 $34.1M Add +4.5%
AMAT Applied Materials Inc. 1.40% 130,526 $33.5M Reduce -0.9%
NEE Nextera Energy Inc. 1.39% 413,677 $33.2M Add +3.5%
MA Mastercard Inc. Class A 1.37% 57,562 $32.9M Reduce -0.7%
BLK BlackRock Inc. 1.24% 27,814 $29.8M Add +0.6%
GOOGL Alphabet Inc. Class A 1.19% 91,020 $28.5M Add +1.3%
TSM Taiwan Semiconductor-SP ADR 1.16% 91,638 $27.8M Add +10.7%
TMO Thermo Fisher Scientific Inc. 1.16% 47,970 $27.8M Reduce -0.1%
IJH iShares Core S&P Midcap ETF 1.14% 415,505 $27.4M Add +7.8%
PG The Procter & Gamble Co. 1.13% 188,853 $27.1M Reduce -1.3%
LOW Lowe's Cos Inc. 1.07% 106,725 $25.7M Add +3.4%
RTX RTX Corp. 1.07% 139,228 $25.5M Reduce -1.9%
VHT Vanguard Health Care ETF 1.03% 85,552 $24.6M Add +17.2%
V Visa Inc. Class A 1.02% 69,818 $24.5M Add +2.9%
ABT Abbott Laboratories 0.98% 187,402 $23.5M Reduce -1.0%
EMR Emerson Electric Co. 0.91% 163,786 $21.7M Add +3.6%
CRM Salesforce Inc. 0.89% 80,197 $21.2M Add +10.8%
IJR iShares Core S&P Small-Cap E 0.88% 174,789 $21.0M Add +4.4%
HD Home Depot Inc. 0.84% 58,312 $20.1M Add +4.1%
UNP Union Pacific Corp. 0.82% 84,585 $19.6M Reduce -15.0%
ADI Analog Devices Inc. 0.78% 69,315 $18.8M Add +3.0%
ECL Ecolab Inc. 0.77% 70,192 $18.4M Add +1.2%
HON Honeywell International Inc. 0.76% 93,328 $18.2M Reduce -2.1%
INTU Intuit Inc. 0.75% 27,179 $18.0M Add +0.4%
CME Cme Group Inc. 0.75% 65,905 $18.0M Add +4.5%
WMT Walmart Inc. 0.75% 160,271 $17.9M Reduce -3.5%
PEP Pepsico Inc. 0.69% 115,238 $16.5M Reduce -2.4%
ETN Eaton Corp. PLC 0.67% 50,163 $16.0M Add +5.4%
O Realty Income Corp. 0.66% 281,792 $15.9M Add +4.2%
CSCO Cisco Systems Inc. 0.65% 203,485 $15.7M Add +0.3%
CVX Chevron Corp. 0.63% 99,467 $15.2M Reduce -5.7%
ADP Automatic Data Processing 0.63% 58,747 $15.1M Add +1.1%
XOM Exxon Mobil Corp. 0.61% 120,983 $14.6M Reduce -5.4%
MCD McDonald's Corp. 0.59% 46,293 $14.1M Reduce -4.5%
ACN Accenture PLC Class A 0.59% 52,571 $14.1M Reduce -34.4%
BKNG Booking Holdings Inc. 0.58% 2,587 $13.9M Add +0.3%
AVGO Broadcom Inc. 0.51% 35,463 $12.3M Add +102.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.51% 40,959 $12.1M Reduce -9.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.50% 78,550 $12.1M Add +2.1%
VEA Vanguard Ftse Developed ETF 0.49% 187,681 $11.7M Add +8.5%
MRK Merck & Co. Inc. 0.47% 106,545 $11.2M Reduce -0.5%
SYK Stryker Corp. 0.47% 31,831 $11.2M Reduce -0.7%
APD Air Products & Chemicals Inc. 0.44% 42,484 $10.5M Reduce -3.9%
VEU Vanguard Ftse All-World Ex-U 0.42% 136,295 $10.0M Add +18.7%
VTI VG Morningstar TS MKT ETF-US 0.42% 29,870 $10.0M Add +14.1%
ITW Illinois Tool Works 0.41% 40,154 $9.9M Reduce -1.6%
SPY SS SPDR S&P 500 ETF Trust-US 0.41% 14,286 $9.7M Reduce -2.4%
SGOV iShares 0-3 Month Treasury B 0.40% 96,589 $9.7M Add +13.6%
ICE Intercontinental Exchange Inc. 0.39% 58,192 $9.4M Reduce -1.1%
VIG Vanguard Dividend Apprec ETF 0.39% 42,563 $9.4M Add +16.7%
ENB Enbridge Inc. 0.38% 191,408 $9.2M Reduce -2.2%
AXP American Express Co. 0.38% 24,632 $9.1M Add +3.6%
LLY Eli Lilly & Co. 0.38% 8,466 $9.1M Reduce -5.8%
ORCL Oracle Corp. 0.37% 45,374 $8.8M Add +1.9%
NSC Norfolk Southern Corp. 0.36% 30,276 $8.7M Reduce -1.4%
PLD Prologis Inc. 0.36% 66,960 $8.5M Add +11.2%
CMI Cummins Inc. 0.34% 15,895 $8.1M Add +5.6%
DE Deere & Co. 0.33% 17,186 $8.0M Reduce -1.5%
SBUX Starbucks Corp. 0.33% 92,761 $7.8M Reduce -7.5%
IVV iShares Core S&P 500 ETF 0.32% 11,365 $7.8M Add +5.0%
CHD Church & Dwight Co. Inc. 0.31% 89,959 $7.5M Reduce -4.3%
BDX Becton Dickinson and Co. 0.31% 38,622 $7.5M Reduce -18.2%
AMGN Amgen Inc. 0.31% 22,458 $7.4M Reduce -0.7%
QQQ Invesco QQQ Trust Series 1 0.30% 11,665 $7.2M Add +1.6%
LMT Lockheed Martin Corp. 0.30% 14,725 $7.1M Add +0.4%
AMT American Tower Corp. 0.29% 40,067 $7.0M Reduce -6.8%
VWO Vanguard Ftse Emerging Marke 0.29% 127,358 $6.8M Add +18.6%
WM Waste Management Inc. 0.29% 31,149 $6.8M Add +0.3%
CAT Caterpillar Inc. 0.28% 11,684 $6.7M Reduce -2.0%
CTVA Corteva Inc. 0.27% 95,960 $6.4M Add +3.8%
TMUS T-Mobile US Inc. 0.27% 31,369 $6.4M Add +2.9%
CB Chubb Ltd. 0.27% 20,342 $6.3M Reduce -0.3%
NVS Novartis AG-Sponsored ADR 0.26% 45,745 $6.3M Add +0.0%
LNG Cheniere Energy Inc. 0.25% 30,331 $5.9M Add +21.9%
BND Vanguard Total Bond Market 0.22% 72,497 $5.4M Reduce -0.3%
DHR Danaher Corp. 0.22% 23,021 $5.3M Add +1.3%
ALL Allstate Corp. 0.22% 25,279 $5.3M Add +1.9%
ADSK Autodesk Inc. 0.21% 16,952 $5.0M Reduce -5.4%
TD Toronto-Dominion Bank 0.21% 53,264 $5.0M Reduce -5.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.20% 88,548 $4.9M Reduce -4.8%
VGT Vanguard Info Tech ETF 0.20% 6,416 $4.8M Add +2.2%
COF Capital One Financial Corp. 0.20% 19,861 $4.8M Reduce -0.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.19% 40,725 $4.6M Reduce -10.9%
PFE Pfizer Inc. 0.19% 184,643 $4.6M Reduce -14.8%
ADBE Adobe Inc. 0.19% 12,961 $4.5M Reduce -19.1%
CI The Cigna Group 0.19% 16,410 $4.5M Reduce -2.1%
GLD SPDR Gold Shares 0.18% 11,132 $4.4M Add +10.7%

Show all 1,131 holdings

Portfolio Sells Q3 2025 → Q4 2025

ACN Accenture PLC Class A Reduce -34.4% 0.59% −0.27
UNP Union Pacific Corp. Reduce -15.0% 0.82% −0.21
ABBV Abbvie Inc. Reduce -3.4% 1.61% −0.15
PG The Procter & Gamble Co. Reduce -1.3% 1.13% −0.15
ABT Abbott Laboratories Reduce -1.0% 0.98% −0.12
HON Honeywell International Inc. Reduce -2.1% 0.76% −0.11
CMCSA Comcast Corp. Class A Reduce -47.2% 0.10% −0.11
APD Air Products & Chemicals Inc. Reduce -3.9% 0.44% −0.09
CVX Chevron Corp. Reduce -5.7% 0.63% −0.08
BDX Becton Dickinson and Co. Reduce -18.2% 0.31% −0.07
JPM JPMorgan Chase & Co. Reduce -0.4% 2.82% −0.07
AMT American Tower Corp. Reduce -6.8% 0.29% −0.07
MA Mastercard Inc. Class A Reduce -0.7% 1.37% −0.06
ADBE Adobe Inc. Reduce -19.1% 0.19% −0.06
CLX Clorox Company Reduce -26.9% 0.07% −0.05
ITW Illinois Tool Works Reduce -1.6% 0.41% −0.05
MCD McDonald's Corp. Reduce -4.5% 0.59% −0.05
SYK Stryker Corp. Reduce -0.7% 0.47% −0.05
PFE Pfizer Inc. Reduce -14.8% 0.19% −0.05
ENB Enbridge Inc. Reduce -2.2% 0.38% −0.05
IBM Intl Business Machines Corp. Reduce -9.0% 0.51% −0.05
CHD Church & Dwight Co. Inc. Reduce -4.3% 0.31% −0.04
SBUX Starbucks Corp. Reduce -7.5% 0.33% −0.04
ADSK Autodesk Inc. Reduce -5.4% 0.21% −0.04
ICE Intercontinental Exchange Inc. Reduce -1.1% 0.39% −0.04
MDLZ Mondelez International Inc. Class A Reduce -1.1% 0.17% −0.04
NKE Nike Inc. Class B Reduce -10.2% 0.14% −0.04
NSC Norfolk Southern Corp. Reduce -1.4% 0.36% −0.04
DIS The Walt Disney Co. Reduce -10.9% 0.19% −0.03
VZ Verizon Communications Inc. Reduce -4.7% 0.18% −0.03
PEP Pepsico Inc. Reduce -2.4% 0.69% −0.03
PAYX Paychex Inc. Reduce -0.2% 0.17% −0.03
BX Blackstone Inc. Reduce -57.1% 0.02% −0.03
LIN Linde PLC Reduce -0.7% 0.15% −0.03
KMB Kimberly-Clark Corp. Reduce -9.0% 0.06% −0.02
PAG Penske Automotive Group Inc. Reduce -0.3% 0.15% −0.02
VB Vanguard Most SM-Cap ETF-Usd Reduce -22.3% 0.07% −0.02
UNH Unitedhealth Group Inc. Reduce -9.7% 0.11% −0.02
MMM 3M Co. Reduce -20.7% 0.08% −0.02
CI The Cigna Group Reduce -2.1% 0.19% −0.02
DD Dupont DE Nemours Inc. Reduce -7.6% 0.02% −0.02
MDT Medtronic PLC Reduce -8.4% 0.16% −0.02
XOM Exxon Mobil Corp. Reduce -5.4% 0.61% −0.02
STZ Constellation Brands Inc. Class A Reduce -46.4% 0.02% −0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -2.4% 0.41% −0.02
IWP iShares Russell Mid-Cap Grow Reduce -56.3% 0.01% −0.02
MKC McCormick & Co.-Non VTG SHRS Reduce -7.3% 0.16% −0.02
CARR Carrier Global Corp. Reduce -1.3% 0.08% −0.02
PYPL PayPal Holdings Inc. Reduce -6.4% 0.06% −0.02
K Kellanova Sold out 0.00% −0.01

Portfolio Buys Q3 2025 → Q4 2025

VTIP Vanguard Short-Term Tips Add +62.7% 1.51% +0.52
AAPL Apple Inc. Add +2.7% 6.61% +0.33
AVGO Broadcom Inc. Add +102.2% 0.51% +0.26
VOO Vanguard S&P 500 ETF Add +18.8% 1.74% +0.25
GOOGL Alphabet Inc. Class A Add +1.3% 1.19% +0.24
JNJ Johnson & Johnson Add +7.3% 1.65% +0.21
VHT Vanguard Health Care ETF Add +17.2% 1.03% +0.20
TSM Taiwan Semiconductor-SP ADR Add +10.7% 1.16% +0.16
CRM Salesforce Inc. Add +10.8% 0.89% +0.14
UBER Uber Technologies Inc. Add +1710.3% 0.10% +0.09
VGSH Vanguard Short-Term Treasury Add +139.8% 0.15% +0.08
AMZN Amazon.com Inc. Add +1.6% 3.12% +0.08
NEE Nextera Energy Inc. Add +3.5% 1.39% +0.07
ADI Analog Devices Inc. Add +3.0% 0.78% +0.07
CMI Cummins Inc. Add +5.6% 0.34% +0.06
VEU Vanguard Ftse All-World Ex-U Add +18.7% 0.42% +0.06
PLD Prologis Inc. Add +11.2% 0.36% +0.06
IJH iShares Core S&P Midcap ETF Add +7.8% 1.14% +0.05
CSCO Cisco Systems Inc. Add +0.3% 0.65% +0.05
VIG Vanguard Dividend Apprec ETF Add +16.7% 0.39% +0.05
VTI VG Morningstar TS MKT ETF-US Add +14.1% 0.42% +0.04
IJJ iShares S&P Mid-Cap 400 Valu Add +177.9% 0.07% +0.04
VEA Vanguard Ftse Developed ETF Add +8.5% 0.49% +0.04
AXP American Express Co. Add +3.6% 0.38% +0.04
IWM iShares Russell 2000 ETF Add +197.6% 0.06% +0.04
VWO Vanguard Ftse Emerging Marke Add +18.6% 0.29% +0.03
SGOV iShares 0-3 Month Treasury B Add +13.6% 0.40% +0.03
BNDX Vanguard Total Intl Bond ETF Add +84.2% 0.08% +0.03
GLD SPDR Gold Shares Add +10.7% 0.18% +0.03
SCHB Schwab US Broad Market ETF Add +48.8% 0.09% +0.03
DHR Danaher Corp. Add +1.3% 0.22% +0.02
ROK Rockwell Automation Inc. Add +67.3% 0.05% +0.02
ISRG Intuitive Surgical Inc. Add +0.6% 0.11% +0.02
TPG TPG Inc. Add +6.9% 0.16% +0.02
TJX TJX Companies Inc. Add +2.1% 0.50% +0.02
MDY State Street SPDR S&P Midcap Add +58.0% 0.05% +0.02
SCHF Schwab Intl Equity ETF Add +152.5% 0.03% +0.02
SLV iShares Silver Trust Add +6.4% 0.04% +0.01
V Visa Inc. Class A Add +2.9% 1.02% +0.01
AMD Advanced Micro Devices Add +5.3% 0.05% +0.01
POR Portland General Electric Co. Add +30.0% 0.05% +0.01
SCHO Schwab Short-Term US Treas Add +3173.3% 0.01% +0.01
IAU iShares Gold Trust Add +76.9% 0.02% +0.01
IJR iShares Core S&P Small-Cap E Add +4.4% 0.88% +0.01
VRT Vertiv Holdings Co. Class A New 0.01% +0.01
ROST Ross Stores Inc. Add +195.4% 0.01% +0.01
IVV iShares Core S&P 500 ETF Add +5.0% 0.32% +0.01
CME Cme Group Inc. Add +4.5% 0.75% +0.01
CTRA Coterra Energy Inc. Add +21.4% 0.04% +0.01
ATR Aptargroup Inc. Add +527.6% 0.01% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,154$2.7BAAPL, GOOG, MSFT, AMAT, AMZN
Q4 2025 1,131$2.4BAAPL, GOOG, MSFT, AMZN, JPM
Q3 2025 1,094$2.3BAAPL, MSFT, GOOG, AMZN, JPM
Q2 2025 1,085$2.1BAAPL, MSFT, AMZN, GOOG, JPM
Q1 2025 1,024$2.0BAAPL, MSFT, BRK.B, AMZN, GOOG
Q4 2024 1,049$2.1BAAPL, MSFT, GOOG, AMZN, BRK.B
Q3 2024 1,064$2.0BAAPL, MSFT, GOOG, AMZN, BRK.B
Q2 2024 900$1.8BAAPL, MSFT, GOOG, AMZN, BRK.B
Q1 2024 844$1.8BAAPL, MSFT, GOOG, AMZN, BRK.B