Trust Investment Advisors

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Trust Investment Advisors reported 93 stock positions worth $138.6 million. Its top holding was Eli Lilly (LLY) at 9.8% of the portfolio, followed by Microsoft (MSFT, 6.9%) and Apple (AAPL, 6.6%). Compared with Q4 2023, it opened 10 new positions, sold out of 15, added to 12 and reduced 66. The biggest buy was a new position in Blue Owl Capital (OBDC) and the biggest sale Apple (AAPL, shares −4%).

Most Recent 13F
Q2 2026
Location
INDIANAPOLIS, IN
CIK
0001597690
Portfolio Value
$138.6M (Q1 2024)
SEC Filing
0001085146-24-002360 ↗ filed May 9, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $138.6M $138.6M Q1 2024 Q2 2024: $157.3M Q2 2024 Q3 2024: $157.0M Q3 2024 Q4 2024: $156.7M Q4 2024 Q1 2025: $155.3M Q1 2025 Q2 2025: $164.7M Q2 2025 Q3 2025: $177.8M Q3 2025 Q4 2025: $187.9M Q4 2025 Q1 2026: $170.9M Q1 2026 Q2 2026: $209.4M Q2 2026

Holdings 93 stocks · $138.6M
LLY Eli Lilly & Co. 9.76% 17,386 $13.5M Reduce -1.1%
MSFT Microsoft Corp. 6.86% 22,599 $9.5M Reduce -4.2%
AAPL Apple Inc. 6.56% 53,034 $9.1M Reduce -3.7%
AVGO Broadcom Inc. 2.61% 2,729 $3.6M Reduce -0.7%
NVDA Nvidia Corp. 2.40% 3,674 $3.3M Reduce -1.3%
TSM Taiwan Semiconductor-SP ADR 2.08% 21,179 $2.9M Reduce -0.5%
CAT Caterpillar Inc. 2.03% 7,687 $2.8M Reduce -0.6%
AMD Advanced Micro Devices 1.99% 15,254 $2.8M Reduce -1.4%
TT Trane Technologies PLC 1.79% 8,261 $2.5M Reduce -1.7%
RIO Rio Tinto PLC-Spon ADR 1.69% 36,724 $2.3M Reduce -0.9%
ETN Eaton Corp. PLC 1.53% 6,796 $2.1M Reduce -0.6%
JPM JPMorgan Chase & Co. 1.53% 10,578 $2.1M Reduce -0.4%
HD Home Depot Inc. 1.51% 5,460 $2.1M Reduce -3.0%
PANW Palo Alto Networks Inc. 1.50% 7,319 $2.1M Reduce -9.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.48% 10,705 $2.0M Reduce -10.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.47% 20,016 $2.0M Reduce -2.8%
NXPI NXP Semiconductors NV 1.36% 7,619 $1.9M Reduce -3.4%
GOOG Alphabet Inc. Class C 1.35% 12,243 $1.9M Reduce -0.2%
QCOM Qualcomm Inc. 1.34% 11,005 $1.9M Reduce -0.4%
VMC Vulcan Materials Co. 1.34% 6,823 $1.9M Reduce -1.9%
MSI Motorola Solutions Inc. 1.33% 5,211 $1.8M Reduce -13.4%
OKE Oneok Inc. 1.27% 22,010 $1.8M Reduce -0.3%
TSCO Tractor Supply Company 1.25% 6,606 $1.7M Reduce -2.3%
UNH Unitedhealth Group Inc. 1.19% 3,339 $1.7M Reduce -2.0%
CVX Chevron Corp. 1.18% 10,367 $1.6M Add +0.5%
MS Morgan Stanley 1.13% 16,559 $1.6M Reduce -3.2%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 1.12% 19,373 $1.6M Reduce -0.8%
DFS Discover Financial Services 1.12% 11,819 $1.5M Reduce -2.7%
CSCO Cisco Systems Inc. 1.09% 30,183 $1.5M Add +0.2%
CFG Citizens Financial Group 1.08% 41,416 $1.5M Reduce -2.8%
MA Mastercard Inc. Class A 1.07% 3,076 $1.5M Reduce -0.2%
PXD Pioneer Natural Resources Co. 1.06% 5,581 $1.5M Reduce -2.7%
RTX RTX Corp. 1.05% 14,950 $1.5M Reduce -2.1%
STZ Constellation Brands Inc. Class A 1.04% 5,322 $1.4M Reduce -3.0%
BA The Boeing Co. 1.00% 7,203 $1.4M Add +2.3%
WBS Webster Financial Corp. 0.99% 27,133 $1.4M Reduce -0.6%
V Visa Inc. Class A 0.97% 4,822 $1.3M Reduce -0.1%
F Ford Motor Co. filed as FORD MTR CO DEL 0.95% 99,509 $1.3M Add +37.6%
CELH Celsius Holdings Inc. 0.95% 15,863 $1.3M Reduce -0.2%
DE Deere & Co. 0.95% 3,198 $1.3M Reduce -2.9%
PRU Prudential Financial Inc. 0.91% 10,754 $1.3M Reduce -0.4%
DUK Duke Energy Corp. 0.90% 12,924 $1.2M Reduce -0.1%
LNC Lincoln National Corp. 0.90% 38,913 $1.2M Add +36.7%
TGT Target Corp. 0.89% 6,991 $1.2M Reduce -0.4%
CI The Cigna Group 0.89% 3,383 $1.2M Reduce -0.1%
SNY Sanofi-ADR 0.88% 24,972 $1.2M Reduce -2.8%
NKE Nike Inc. Class B 0.83% 12,229 $1.1M Reduce -3.0%
MLM Martin Marietta Materials 0.82% 1,851 $1.1M Reduce -0.3%
O Realty Income Corp. 0.80% 20,606 $1.1M Add +29.1%
LOW Lowe's Cos Inc. 0.80% 4,368 $1.1M Reduce -0.2%
EW Edwards Lifesciences Corp. 0.80% 11,580 $1.1M Reduce -0.2%
CVS CVS Health Corp. 0.79% 13,675 $1.1M Reduce -0.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.78% 8,837 $1.1M Reduce -3.9%
DVN Devon Energy Corp. 0.72% 19,875 $997K Add +25.2%
ASO Academy Sports & Outdoors Inc. 0.72% 14,764 $997K Reduce -0.2%
RITM Rithm Capital Corp. 0.70% 87,334 $975K Add +0.2%
UPS United Parcel Service Class B 0.69% 6,428 $955K Add +0.7%
LIN Linde PLC 0.67% 2,004 $930K Reduce -0.3%
OBDC Blue Owl Capital Corp. 0.67% 60,263 $927K New
JBHT Hunt (jb) Transprt SVCS Inc. 0.66% 4,576 $912K Reduce -0.3%
KLAC KLA Corp. 0.64% 1,266 $884K Reduce -0.2%
TSN Tyson Foods Inc. Class A 0.63% 14,930 $877K Reduce -3.3%
KMI Kinder Morgan Inc. 0.55% 41,705 $765K Reduce -2.1%
ULTA Ulta Beauty Inc. 0.55% 1,454 $760K Reduce -0.1%
TFC Truist Financial Corp. 0.54% 19,031 $742K Reduce -0.2%
WBA Walgreens Boots Alliance Inc. 0.53% 33,866 $735K Add +11.8%
DHR Danaher Corp. 0.51% 2,805 $700K Reduce -0.2%
EOG EOG Resources Inc. 0.49% 5,261 $673K Reduce -0.3%
KEYS Keysight Technologies Inc. 0.46% 4,095 $640K Reduce -1.9%
FSLR First Solar Inc. 0.45% 3,721 $628K Reduce -0.2%
SIRI Sirius XM Holdings Inc. 0.42% 150,000 $582K No change
T AT&T Inc. 0.41% 32,271 $568K Add +6.3%
LH Laboratory CRP of Amer Hldgs 0.40% 2,558 $559K Reduce -0.3%
NXT Nextpower Inc. filed as NEXTRACKER INC 0.30% 7,434 $418K New
STLA Stellantis NV 0.29% 14,000 $396K No change
MCK McKesson Corp. 0.23% 599 $321K Add +1.5%
AMZN Amazon.com Inc. 0.18% 1,400 $253K No change
RL Ralph Lauren Corp. 0.18% 1,337 $251K New
HLT Hilton Worldwide Holdings Inc. 0.18% 1,138 $243K Reduce -3.6%
CDNS Cadence Design SYS Inc. 0.17% 777 $242K Reduce -3.4%
PGR Progressive Corp. 0.17% 1,168 $242K New
RSG Republic Services Inc. 0.17% 1,233 $236K Reduce -3.4%
ELV Elevance Health Inc. 0.17% 452 $234K No change
BX Blackstone Inc. 0.17% 1,750 $230K No change
PH Parker Hannifin Corp. 0.16% 409 $227K New
STX Seagate Technology Holdings 0.16% 2,405 $224K New
CTAS Cintas Corp. 0.16% 319 $219K New
CE Celanese Corp. 0.16% 1,267 $218K Reduce -3.6%
MAR Marriott International Class A 0.16% 857 $216K New
AMP Ameriprise Financial Inc. 0.15% 487 $214K New
CB Chubb Ltd. 0.15% 822 $213K New
NWSA News Corp. Class A 0.15% 8,091 $212K Reduce -3.5%
ODFL Old Dominion Freight Line 0.15% 922 $202K Reduce -51.2%

Portfolio Sells Q4 2023 → Q1 2024
AAPL Apple Inc. Reduce -3.7% 6.56% −1.70
ADM Archer-Daniels-Midland Co. Sold out 0.00% −0.86
DG Dollar General Corp. Sold out 0.00% −0.71
RIO Rio Tinto PLC-Spon ADR Reduce -0.9% 1.69% −0.46
PANW Palo Alto Networks Inc. Reduce -9.6% 1.50% −0.36
NKE Nike Inc. Class B Reduce -3.0% 0.83% −0.24
UNH Unitedhealth Group Inc. Reduce -2.0% 1.19% −0.21
COST Costco Wholesale Corp. Sold out 0.00% −0.20
CRWD CrowdStrike Holdings Inc. Class A Sold out 0.00% −0.20
NRG NRG Energy Inc. Sold out 0.00% −0.19
ANET Arista Networks Inc. Sold out 0.00% −0.18
SNPS Synopsys Inc. Sold out 0.00% −0.17
UBER Uber Technologies Inc. Sold out 0.00% −0.17
GAP The Gap Inc. Sold out 0.00% −0.17
NWS News Corp. Class B Sold out 0.00% −0.17
RCL Royal Caribbean Cruises Ltd. Sold out 0.00% −0.17
AFL Aflac Inc. Sold out 0.00% −0.16
CME Cme Group Inc. Sold out 0.00% −0.16
AKAM Akamai Technologies Inc. Sold out 0.00% −0.16
CVSA Covista Inc. Sold out 0.00% −0.16
ODFL Old Dominion Freight Line Reduce -51.2% 0.15% −0.15
MSI Motorola Solutions Inc. Reduce -13.4% 1.33% −0.13
SNY Sanofi-ADR Reduce -2.8% 0.88% −0.12
MS Morgan Stanley Reduce -3.2% 1.13% −0.12
WBS Webster Financial Corp. Reduce -0.6% 0.99% −0.09
DE Deere & Co. Reduce -2.9% 0.95% −0.08
DUK Duke Energy Corp. Reduce -0.1% 0.90% −0.08
CVS CVS Health Corp. Reduce -0.2% 0.79% −0.06
JBHT Hunt (jb) Transprt SVCS Inc. Reduce -0.3% 0.66% −0.06
KEYS Keysight Technologies Inc. Reduce -1.9% 0.46% −0.06
MSFT Microsoft Corp. Reduce -4.2% 6.86% −0.05
LH Laboratory CRP of Amer Hldgs Reduce -0.3% 0.40% −0.05
IBM Intl Business Machines Corp. Reduce -10.5% 1.48% −0.05
NXPI NXP Semiconductors NV Reduce -3.4% 1.36% −0.05
FSLR First Solar Inc. Reduce -0.2% 0.45% −0.05
ASO Academy Sports & Outdoors Inc. Reduce -0.2% 0.72% −0.04
TJX TJX Companies Inc. Reduce -2.8% 1.47% −0.04
KMI Kinder Morgan Inc. Reduce -2.1% 0.55% −0.03
CFG Citizens Financial Group Reduce -2.8% 1.08% −0.02
TSN Tyson Foods Inc. Class A Reduce -3.3% 0.63% −0.01
TFC Truist Financial Corp. Reduce -0.2% 0.54% −0.01
EOG EOG Resources Inc. Reduce -0.3% 0.49% −0.01
HD Home Depot Inc. Reduce -3.0% 1.51% −0.01
V Visa Inc. Class A Reduce -0.1% 0.97% −0.01
NWSA News Corp. Class A Reduce -3.5% 0.15% −0.01
ULTA Ulta Beauty Inc. Reduce -0.1% 0.55% −0.01
CE Celanese Corp. Reduce -3.6% 0.16% −0.00
GOOG Alphabet Inc. Class C Reduce -0.2% 1.35% −0.00
DHR Danaher Corp. Reduce -0.2% 0.51% −0.00
CDNS Cadence Design SYS Inc. Reduce -3.4% 0.17% +0.00

Portfolio Buys Q4 2023 → Q1 2024
OBDC Blue Owl Capital Corp. New 0.67% +0.67
NXT Nextpower Inc. New 0.30% +0.30
LNC Lincoln National Corp. Add +36.7% 0.90% +0.30
F Ford Motor Co. Add +37.6% 0.95% +0.27
RL Ralph Lauren Corp. New 0.18% +0.18
PGR Progressive Corp. New 0.17% +0.17
PH Parker Hannifin Corp. New 0.16% +0.16
STX Seagate Technology Holdings New 0.16% +0.16
DVN Devon Energy Corp. Add +25.2% 0.72% +0.16
CTAS Cintas Corp. New 0.16% +0.16
MAR Marriott International Class A New 0.16% +0.16
AMP Ameriprise Financial Inc. New 0.15% +0.15
CB Chubb Ltd. New 0.15% +0.15
O Realty Income Corp. Add +29.1% 0.80% +0.09
MCK McKesson Corp. Add +1.5% 0.23% +0.02
T AT&T Inc. Add +6.3% 0.41% +0.01
CVX Chevron Corp. Add +0.5% 1.18% −0.02
RITM Rithm Capital Corp. Add +0.2% 0.70% −0.02
WBA Walgreens Boots Alliance Inc. Add +11.8% 0.53% −0.09
UPS United Parcel Service Class B Add +0.7% 0.69% −0.09
CSCO Cisco Systems Inc. Add +0.2% 1.09% −0.10
BA The Boeing Co. Add +2.3% 1.00% −0.43

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 97$209.4MLLY, AAPL, TSM, AMD, CLS
Q1 2026 89$170.9MLLY, AAPL, MSFT, AVGO, CLS
Q4 2025 91$187.9MLLY, AAPL, MSFT, AVGO, NVDA
Q3 2025 105$177.8MAAPL, LLY, MSFT, AVGO, NVDA
Q2 2025 123$164.7MLLY, AAPL, MSFT, AVGO, NVDA
Q1 2025 118$155.3MLLY, AAPL, MSFT, AVGO, NVDA
Q4 2024 107$156.7MAAPL, LLY, MSFT, AVGO, NVDA
Q3 2024 119$157.0MLLY, AAPL, MSFT, NVDA, AVGO
Q2 2024 114$157.3MLLY, AAPL, MSFT, NVDA, AVGO
Q1 2024 93$138.6MLLY, MSFT, AAPL, AVGO, NVDA