Trust Investment Advisors
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Trust Investment Advisors reported 107 stock positions worth $156.7 million. Its top holding was Apple (AAPL) at 11.3% of the portfolio, followed by Eli Lilly (LLY, 10.5%) and Microsoft (MSFT, 5.5%). Compared with Q3 2024, it opened 19 new positions, sold out of 31, added to 31 and reduced 53. The biggest buy was Apple (AAPL, shares +42%) and the biggest sale an exit from Kohls (KSS).
- Most Recent 13F
- Q2 2026
- Location
- INDIANAPOLIS, IN
- CIK
- 0001597690
- Portfolio Value
- $156.7M (Q4 2024)
- SEC Filing
- 0001085146-25-001021 ↗ filed Feb 12, 2025
Holdings Value
Holdings 107 stocks · $156.7M
| AAPL Apple Inc. | 11.31% | 70,751 | $17.7M | Add +42.0% |
| LLY Eli Lilly & Co. | 10.54% | 21,388 | $16.5M | Add +1.5% |
| MSFT Microsoft Corp. | 5.46% | 20,305 | $8.6M | Reduce -2.5% |
| AVGO Broadcom Inc. | 3.48% | 23,490 | $5.4M | Add +3.9% |
| NVDA Nvidia Corp. | 2.80% | 32,616 | $4.4M | Reduce -5.1% |
| TSM Taiwan Semiconductor-SP ADR | 2.65% | 21,018 | $4.2M | Add +8.2% |
| PANW Palo Alto Networks Inc. | 1.70% | 14,621 | $2.7M | Reduce -0.3% |
| CAT Caterpillar Inc. | 1.67% | 7,221 | $2.6M | Add +7.9% |
| JPM JPMorgan Chase & Co. | 1.58% | 10,331 | $2.5M | Add +4.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.47% | 10,496 | $2.3M | Add +5.1% |
| GOOG Alphabet Inc. Class C | 1.45% | 11,946 | $2.3M | Reduce -4.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.43% | 18,562 | $2.2M | Reduce -14.4% |
| RIO Rio Tinto PLC-Spon ADR | 1.41% | 37,459 | $2.2M | Add +5.9% |
| ETN Eaton Corp. PLC | 1.39% | 6,579 | $2.2M | Add +10.6% |
| MSI Motorola Solutions Inc. | 1.39% | 4,720 | $2.2M | Reduce -7.7% |
| OKE Oneok Inc. | 1.38% | 21,500 | $2.2M | Add +9.6% |
| HD Home Depot Inc. | 1.34% | 5,388 | $2.1M | Reduce -4.3% |
| DFS Discover Financial Services | 1.26% | 11,440 | $2.0M | Reduce -1.6% |
| CLS Celestica Inc. | 1.26% | 21,467 | $2.0M | Reduce -10.5% |
| MS Morgan Stanley | 1.23% | 15,377 | $1.9M | Reduce -6.9% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 1.22% | 18,163 | $1.9M | Add +11.4% |
| CHWY Chewy Inc. Class A | 1.19% | 55,645 | $1.9M | Reduce -13.2% |
| CSCO Cisco Systems Inc. | 1.14% | 30,101 | $1.8M | Add +5.8% |
| TT Trane Technologies PLC | 1.10% | 4,687 | $1.7M | Reduce -6.6% |
| AMD Advanced Micro Devices | 1.08% | 13,978 | $1.7M | Reduce -9.2% |
| QCOM Qualcomm Inc. | 1.06% | 10,849 | $1.7M | Add +6.6% |
| TSCO Tractor Supply Company | 1.03% | 30,545 | $1.6M | Reduce -5.5% |
| UNH Unitedhealth Group Inc. | 1.03% | 3,192 | $1.6M | Reduce -3.6% |
| INGR Ingredion Inc. | 1.02% | 11,631 | $1.6M | New |
| CFG Citizens Financial Group | 1.02% | 36,502 | $1.6M | Reduce -9.7% |
| MA Mastercard Inc. Class A | 1.01% | 2,996 | $1.6M | Reduce -4.2% |
| VMC Vulcan Materials Co. | 1.00% | 6,086 | $1.6M | Reduce -8.7% |
| RTX RTX Corp. | 1.00% | 13,518 | $1.6M | Reduce -17.8% |
| V Visa Inc. Class A | 0.96% | 4,757 | $1.5M | Reduce -3.9% |
| WBS Webster Financial Corp. | 0.95% | 26,999 | $1.5M | Add +12.6% |
| DUK Duke Energy Corp. | 0.94% | 13,637 | $1.5M | Add +12.9% |
| CVX Chevron Corp. | 0.92% | 9,984 | $1.4M | Add +3.1% |
| XOM Exxon Mobil Corp. | 0.87% | 12,665 | $1.4M | Reduce -6.5% |
| PRU Prudential Financial Inc. | 0.84% | 11,051 | $1.3M | Add +2.1% |
| LNC Lincoln National Corp. | 0.80% | 39,707 | $1.3M | Add +8.2% |
| DELL Dell Technologies -C | 0.79% | 10,695 | $1.2M | New |
| O Realty Income Corp. | 0.75% | 21,925 | $1.2M | Add +10.4% |
| BA The Boeing Co. | 0.74% | 6,569 | $1.2M | Reduce -4.6% |
| STZ Constellation Brands Inc. Class A | 0.71% | 5,045 | $1.1M | Reduce -3.9% |
| LOW Lowe's Cos Inc. | 0.70% | 4,435 | $1.1M | Reduce -1.9% |
| KMI Kinder Morgan Inc. | 0.70% | 39,891 | $1.1M | Reduce -3.9% |
| T AT&T Inc. | 0.70% | 47,936 | $1.1M | Reduce -2.1% |
| NXPI NXP Semiconductors NV | 0.67% | 5,020 | $1.0M | Reduce -10.2% |
| RITM Rithm Capital Corp. | 0.65% | 94,673 | $1.0M | Add +20.1% |
| MLM Martin Marietta Materials | 0.60% | 1,817 | $938K | Reduce -4.3% |
| CI The Cigna Group | 0.60% | 3,386 | $935K | Reduce -1.5% |
| UPS United Parcel Service Class B | 0.57% | 7,119 | $898K | Add +14.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.56% | 7,888 | $878K | Reduce -9.0% |
| ASO Academy Sports & Outdoors Inc. | 0.56% | 15,172 | $873K | Reduce -2.4% |
| EW Edwards Lifesciences Corp. | 0.55% | 11,683 | $865K | Reduce -4.6% |
| OBDC Blue Owl Capital Corp. | 0.55% | 57,048 | $863K | Add +6.7% |
| TFC Truist Financial Corp. | 0.54% | 19,381 | $841K | Reduce -22.2% |
| TSN Tyson Foods Inc. Class A | 0.54% | 14,629 | $840K | Reduce -0.7% |
| LIN Linde PLC | 0.53% | 1,997 | $836K | Reduce -2.7% |
| TGT Target Corp. | 0.53% | 6,175 | $835K | Add +2.3% |
| JBHT Hunt (jb) Transprt SVCS Inc. | 0.50% | 4,593 | $784K | Reduce -3.8% |
| KLAC KLA Corp. | 0.47% | 1,173 | $739K | Reduce -8.9% |
| FBND Fidelity Total Bond ETF | 0.45% | 15,592 | $700K | No change |
| KEYS Keysight Technologies Inc. | 0.44% | 4,294 | $690K | Reduce -2.5% |
| DHR Danaher Corp. | 0.44% | 2,971 | $682K | Reduce -0.3% |
| ULTA Ulta Beauty Inc. | 0.43% | 1,550 | $674K | Reduce -1.8% |
| EOG EOG Resources Inc. | 0.42% | 5,413 | $664K | Reduce -0.3% |
| FSLR First Solar Inc. | 0.42% | 3,763 | $663K | Reduce -3.0% |
| PEP Pepsico Inc. | 0.42% | 4,358 | $663K | Reduce -47.1% |
| GEHC GE Healthcare Technology | 0.42% | 8,350 | $653K | Add +55.5% |
| CAVA Cava Group Inc. | 0.40% | 5,490 | $619K | Add +42.9% |
| AMZN Amazon.com Inc. | 0.34% | 2,460 | $540K | Add +75.7% |
| PLTR Palantir Technologies Inc. Class A | 0.34% | 6,944 | $525K | Reduce -11.8% |
| BX Blackstone Inc. | 0.33% | 2,968 | $512K | Add +69.6% |
| PFE Pfizer Inc. | 0.31% | 18,278 | $485K | Reduce -59.1% |
| SIRI Sirius XM Holdings Inc. | 0.22% | 15,000 | $342K | No change |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 0.22% | 9,351 | $342K | Add +1.7% |
| ODFL Old Dominion Freight Line | 0.21% | 1,844 | $325K | No change |
| KO The Coca-Cola Co. | 0.20% | 4,937 | $307K | Add +0.5% |
| MCD McDonald's Corp. | 0.20% | 1,060 | $307K | Add +1.7% |
| GS Goldman Sachs Group Inc. | 0.18% | 486 | $278K | New |
| ANET Arista Networks Inc. | 0.17% | 2,342 | $259K | Reduce -6.2% |
| VNO Vornado Realty Trust | 0.16% | 6,013 | $253K | Reduce -4.5% |
| TPR Tapestry Inc. | 0.16% | 3,797 | $248K | New |
| LYV Live Nation Entertainment Inc. | 0.16% | 1,894 | $245K | New |
| WH Wyndham Hotels & Resorts Inc. | 0.15% | 2,396 | $241K | New |
| ISRG Intuitive Surgical Inc. | 0.15% | 458 | $239K | Reduce -6.0% |
| TMUS T-Mobile US Inc. | 0.15% | 1,074 | $237K | Reduce -4.2% |
| CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC | 0.15% | 2,604 | $237K | New |
| LMND Lemonade Inc. | 0.15% | 6,426 | $236K | New |
| CBRE CBRE Group Inc. Class A | 0.15% | 1,784 | $234K | Reduce -5.3% |
| STT State Street Corp. | 0.15% | 2,383 | $234K | New |
| IP International Paper Co. | 0.15% | 4,336 | $233K | Reduce -4.4% |
| JNJ Johnson & Johnson | 0.15% | 1,611 | $233K | Add +0.3% |
| RL Ralph Lauren Corp. | 0.15% | 988 | $228K | New |
| DRI Darden Restaurants Inc. | 0.14% | 1,196 | $223K | New |
| FHI Federated Hermes Inc. | 0.14% | 5,359 | $220K | New |
| WTW Willis Towers Watson PLC | 0.14% | 697 | $218K | New |
| PGR Progressive Corp. | 0.14% | 910 | $218K | Reduce -3.1% |
| OLLI Ollie's Bargain Outlet Holdi | 0.14% | 1,978 | $217K | New |
Portfolio Sells Q3 2024 → Q4 2024
| KSS Kohls Corp. | Sold out | 0.00% | −0.80 |
| F Ford Motor Co. | Sold out | 0.00% | −0.63 |
| ACLS Axcelis Technologies Inc. | Sold out | 0.00% | −0.62 |
| AMD Advanced Micro Devices | Reduce -9.2% | 1.08% | −0.53 |
| PFE Pfizer Inc. | Reduce -59.1% | 0.31% | −0.52 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.49 |
| PEP Pepsico Inc. | Reduce -47.1% | 0.42% | −0.47 |
| CELH Celsius Holdings Inc. | Sold out | 0.00% | −0.35 |
| RTX RTX Corp. | Reduce -17.8% | 1.00% | −0.27 |
| MSFT Microsoft Corp. | Reduce -2.5% | 5.46% | −0.25 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.25 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −0.23 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.21 |
| UNH Unitedhealth Group Inc. | Reduce -3.6% | 1.03% | −0.20 |
| FSLR First Solar Inc. | Reduce -3.0% | 0.42% | −0.19 |
| TJX TJX Companies Inc. | Reduce -14.4% | 1.43% | −0.19 |
| NXPI NXP Semiconductors NV | Reduce -10.2% | 0.67% | −0.19 |
| AEP American Electric Power | Sold out | 0.00% | −0.17 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.17 |
| EBAY eBay Inc. | Sold out | 0.00% | −0.17 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.17 |
| KLAC KLA Corp. | Reduce -8.9% | 0.47% | −0.16 |
| TSCO Tractor Supply Company | Reduce -5.5% | 1.03% | −0.16 |
| CI The Cigna Group | Reduce -1.5% | 0.60% | −0.16 |
| IFF Intl Flavors & Fragrances | Sold out | 0.00% | −0.16 |
| BRC Brady Corporation Class A | Sold out | 0.00% | −0.15 |
| PSA Public Storage | Sold out | 0.00% | −0.15 |
| STZ Constellation Brands Inc. Class A | Reduce -3.9% | 0.71% | −0.15 |
| DVA Davita Inc. | Sold out | 0.00% | −0.15 |
| R Ryder System Inc. | Sold out | 0.00% | −0.14 |
| DTE DTE Energy Company | Sold out | 0.00% | −0.14 |
| MPWR Monolithic Power Systems Inc. | Sold out | 0.00% | −0.14 |
| OGE Oge Energy Corp. | Sold out | 0.00% | −0.14 |
| XOM Exxon Mobil Corp. | Reduce -6.5% | 0.87% | −0.14 |
| PKG Packaging Corp. of America | Sold out | 0.00% | −0.14 |
| NDAQ Nasdaq Inc. | Sold out | 0.00% | −0.14 |
| TFC Truist Financial Corp. | Reduce -22.2% | 0.54% | −0.14 |
| TRN Trinity Industries Inc. | Sold out | 0.00% | −0.14 |
| UHS Universal Health Services-B | Sold out | 0.00% | −0.14 |
| ICE Intercontinental Exchange Inc. | Sold out | 0.00% | −0.14 |
| EIX Edison International | Sold out | 0.00% | −0.14 |
| ATI Ati Inc. | Sold out | 0.00% | −0.14 |
| RF Regions Financial Corp. | Sold out | 0.00% | −0.14 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.14 |
| TT Trane Technologies PLC | Reduce -6.6% | 1.10% | −0.14 |
| CCEP Coca-Cola Europacific Partne | Sold out | 0.00% | −0.14 |
| EFX Equifax Inc. | Sold out | 0.00% | −0.13 |
| HD Home Depot Inc. | Reduce -4.3% | 1.34% | −0.12 |
| DHR Danaher Corp. | Reduce -0.3% | 0.44% | −0.09 |
| LIN Linde PLC | Reduce -2.7% | 0.53% | −0.09 |
Portfolio Buys Q3 2024 → Q4 2024
| AAPL Apple Inc. | Add +42.0% | 11.31% | +3.91 |
| INGR Ingredion Inc. | New | 1.02% | +1.02 |
| AVGO Broadcom Inc. | Add +3.9% | 3.48% | +0.99 |
| DELL Dell Technologies -C | New | 0.79% | +0.79 |
| TSM Taiwan Semiconductor-SP ADR | Add +8.2% | 2.65% | +0.50 |
| JPM JPMorgan Chase & Co. | Add +4.4% | 1.58% | +0.25 |
| WBS Webster Financial Corp. | Add +12.6% | 0.95% | +0.24 |
| OKE Oneok Inc. | Add +9.6% | 1.38% | +0.24 |
| AMZN Amazon.com Inc. | Add +75.7% | 0.34% | +0.18 |
| GS Goldman Sachs Group Inc. | New | 0.18% | +0.18 |
| CSCO Cisco Systems Inc. | Add +5.8% | 1.14% | +0.17 |
| TPR Tapestry Inc. | New | 0.16% | +0.16 |
| LYV Live Nation Entertainment Inc. | New | 0.16% | +0.16 |
| BX Blackstone Inc. | Add +69.6% | 0.33% | +0.16 |
| WH Wyndham Hotels & Resorts Inc. | New | 0.15% | +0.15 |
| CVSA Covista Inc. | New | 0.15% | +0.15 |
| LMND Lemonade Inc. | New | 0.15% | +0.15 |
| STT State Street Corp. | New | 0.15% | +0.15 |
| RL Ralph Lauren Corp. | New | 0.15% | +0.15 |
| DRI Darden Restaurants Inc. | New | 0.14% | +0.14 |
| FHI Federated Hermes Inc. | New | 0.14% | +0.14 |
| WTW Willis Towers Watson PLC | New | 0.14% | +0.14 |
| OLLI Ollie's Bargain Outlet Holdi | New | 0.14% | +0.14 |
| ETN Eaton Corp. PLC | Add +10.6% | 1.39% | +0.14 |
| PODD Insulet Corp. | New | 0.14% | +0.14 |
| ZION Zions Bancorp NA | New | 0.14% | +0.14 |
| NTRS Northern Trust Corp. | New | 0.13% | +0.13 |
| HLT Hilton Worldwide Holdings Inc. | New | 0.13% | +0.13 |
| EVRG Evergy Inc. | New | 0.13% | +0.13 |
| GEHC GE Healthcare Technology | Add +55.5% | 0.42% | +0.10 |
| CAVA Cava Group Inc. | Add +42.9% | 0.40% | +0.09 |
| RITM Rithm Capital Corp. | Add +20.1% | 0.65% | +0.08 |
| LNC Lincoln National Corp. | Add +8.2% | 0.80% | +0.07 |
| IBM Intl Business Machines Corp. | Add +5.1% | 1.47% | +0.07 |
| OBDC Blue Owl Capital Corp. | Add +6.7% | 0.55% | +0.05 |
| DUK Duke Energy Corp. | Add +12.9% | 0.94% | +0.05 |
| UPS United Parcel Service Class B | Add +14.1% | 0.57% | +0.03 |
| CVX Chevron Corp. | Add +3.1% | 0.92% | +0.01 |
| CAT Caterpillar Inc. | Add +7.9% | 1.67% | +0.00 |
| PRU Prudential Financial Inc. | Add +2.1% | 0.84% | +0.00 |
| NXT Nextpower Inc. | Add +1.7% | 0.22% | −0.00 |
| MCD McDonald's Corp. | Add +1.7% | 0.20% | −0.01 |
| IRM Iron Mountain Inc. | Add +11.4% | 1.22% | −0.02 |
| JNJ Johnson & Johnson | Add +0.3% | 0.15% | −0.02 |
| KO The Coca-Cola Co. | Add +0.5% | 0.20% | −0.03 |
| QCOM Qualcomm Inc. | Add +6.6% | 1.06% | −0.04 |
| O Realty Income Corp. | Add +10.4% | 0.75% | −0.05 |
| TGT Target Corp. | Add +2.3% | 0.53% | −0.07 |
| RIO Rio Tinto PLC-Spon ADR | Add +5.9% | 1.41% | −0.20 |
| LLY Eli Lilly & Co. | Add +1.5% | 10.54% | −1.36 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 97 | $209.4M | LLY, AAPL, TSM, AMD, CLS |
| Q1 2026 | 89 | $170.9M | LLY, AAPL, MSFT, AVGO, CLS |
| Q4 2025 | 91 | $187.9M | LLY, AAPL, MSFT, AVGO, NVDA |
| Q3 2025 | 105 | $177.8M | AAPL, LLY, MSFT, AVGO, NVDA |
| Q2 2025 | 123 | $164.7M | LLY, AAPL, MSFT, AVGO, NVDA |
| Q1 2025 | 118 | $155.3M | LLY, AAPL, MSFT, AVGO, NVDA |
| Q4 2024 | 107 | $156.7M | AAPL, LLY, MSFT, AVGO, NVDA |
| Q3 2024 | 119 | $157.0M | LLY, AAPL, MSFT, NVDA, AVGO |
| Q2 2024 | 114 | $157.3M | LLY, AAPL, MSFT, NVDA, AVGO |
| Q1 2024 | 93 | $138.6M | LLY, MSFT, AAPL, AVGO, NVDA |