Trust Investment Advisors

Name: Trust Investment Advisors 13F holdings, Q1 2025
Creator: Trust Investment Advisors
Published: 2025-05-02

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 2, 2025), Trust Investment Advisors reported 118 stock positions worth $155.3 million. Its top holding was Eli Lilly (LLY) at 11.7% of the portfolio, followed by Apple (AAPL, 10.3%) and Microsoft (MSFT, 5.1%). Compared with Q4 2024, it opened 40 new positions, sold out of 29, added to 63 and reduced 11. The biggest buy was Eli Lilly (LLY, shares +3%) and the biggest sale an exit from United Parcel Service Class B (UPS).

Most Recent 13F: Q2 2026
Location: INDIANAPOLIS, IN
CIK: 0001597690
Portfolio Value: $155.3M (Q1 2025)
SEC Filing: 0001085146-25-002550 ↗ filed May 2, 2025

Holdings Value

Holdings 118 stocks · $155.3M


LLY Eli Lilly & Co.	11.73%	22,060	$18.2M	Add +3.1%
AAPL Apple Inc.	10.26%	71,758	$15.9M	Add +1.4%
MSFT Microsoft Corp.	5.08%	21,031	$7.9M	Add +3.6%
AVGO Broadcom Inc.	2.56%	23,759	$4.0M	Add +1.1%
NVDA Nvidia Corp.	2.49%	35,699	$3.9M	Add +9.4%
TSM Taiwan Semiconductor-SP ADR	2.14%	20,059	$3.3M	Reduce -4.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	1.81%	11,291	$2.8M	Add +7.6%
JPM JPMorgan Chase & Co.	1.65%	10,466	$2.6M	Add +1.3%
PANW Palo Alto Networks Inc.	1.51%	13,711	$2.3M	Reduce -6.2%
RIO Rio Tinto PLC-Spon ADR	1.46%	37,762	$2.3M	Add +0.8%
CAT Caterpillar Inc.	1.44%	6,767	$2.2M	Reduce -6.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW	1.41%	17,989	$2.2M	Reduce -3.1%
HD Home Depot Inc.	1.40%	5,917	$2.2M	Add +9.8%
OKE Oneok Inc.	1.38%	21,599	$2.1M	Add +0.5%
MSI Motorola Solutions Inc.	1.35%	4,795	$2.1M	Add +1.6%
V Visa Inc. Class A	1.32%	5,835	$2.0M	Add +22.7%
RTX RTX Corp.	1.32%	15,423	$2.0M	Add +14.1%
GOOG Alphabet Inc. Class C	1.26%	12,527	$2.0M	Add +4.9%
CSCO Cisco Systems Inc.	1.26%	31,681	$2.0M	Add +5.3%
CVX Chevron Corp.	1.25%	11,609	$1.9M	Add +16.3%
DFS Discover Financial Services	1.24%	11,290	$1.9M	Reduce -1.3%
DUK Duke Energy Corp.	1.22%	15,588	$1.9M	Add +14.3%
CHWY Chewy Inc. Class A	1.20%	57,241	$1.9M	Add +2.9%
MS Morgan Stanley	1.19%	15,827	$1.8M	Add +2.9%
ETN Eaton Corp. PLC	1.17%	6,709	$1.8M	Add +2.0%
UNH Unitedhealth Group Inc.	1.16%	3,441	$1.8M	Add +7.8%
TSCO Tractor Supply Company	1.15%	32,305	$1.8M	Add +5.8%
CLS Celestica Inc.	1.13%	22,345	$1.8M	Add +4.1%
QCOM Qualcomm Inc.	1.10%	11,089	$1.7M	Add +2.2%
MA Mastercard Inc. Class A	1.08%	3,054	$1.7M	Add +1.9%
T AT&T Inc.	1.07%	58,958	$1.7M	Add +23.0%
TT Trane Technologies PLC	1.03%	4,744	$1.6M	Add +1.2%
XOM Exxon Mobil Corp.	1.02%	13,333	$1.6M	Add +5.3%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL	1.02%	18,419	$1.6M	Add +1.4%
INGR Ingredion Inc.	0.99%	11,326	$1.5M	Reduce -2.6%
CFG Citizens Financial Group	0.98%	37,199	$1.5M	Add +1.9%
VMC Vulcan Materials Co.	0.96%	6,386	$1.5M	Add +4.9%
AMD Advanced Micro Devices	0.94%	14,253	$1.5M	Add +2.0%
LNC Lincoln National Corp.	0.91%	39,526	$1.4M	Reduce -0.5%
WBS Webster Financial Corp.	0.90%	27,041	$1.4M	Add +0.2%
O Realty Income Corp.	0.85%	22,768	$1.3M	Add +3.8%
PRU Prudential Financial Inc.	0.80%	11,141	$1.2M	Add +0.8%
DELL Dell Technologies -C	0.78%	13,209	$1.2M	Add +23.5%
BA The Boeing Co.	0.75%	6,809	$1.2M	Add +3.6%
KMI Kinder Morgan Inc.	0.73%	39,891	$1.1M	No change
CI The Cigna Group	0.73%	3,441	$1.1M	Add +1.6%
RITM Rithm Capital Corp.	0.69%	94,068	$1.1M	Reduce -0.6%
LOW Lowe's Cos Inc.	0.68%	4,531	$1.1M	Add +2.2%
NXPI NXP Semiconductors NV	0.64%	5,237	$995K	Add +4.3%
LIN Linde PLC	0.61%	2,041	$950K	Add +2.2%
STZ Constellation Brands Inc. Class A	0.60%	5,051	$927K	Add +0.1%
TSN Tyson Foods Inc. Class A	0.59%	14,429	$921K	Reduce -1.4%
MLM Martin Marietta Materials	0.57%	1,843	$881K	Add +1.4%
OBDC Blue Owl Capital Corp.	0.56%	58,798	$862K	Add +3.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.53%	8,353	$824K	Add +5.9%
TFC Truist Financial Corp.	0.53%	19,941	$821K	Add +2.9%
BX Blackstone Inc.	0.52%	5,820	$814K	Add +96.1%
KLAC KLA Corp.	0.52%	1,188	$808K	Add +1.3%
AMGN Amgen Inc.	0.48%	2,417	$753K	New
FBND Fidelity Total Bond ETF	0.46%	15,592	$712K	No change
EOG EOG Resources Inc.	0.46%	5,546	$711K	Add +2.5%
ASO Academy Sports & Outdoors Inc.	0.45%	15,466	$705K	Add +1.9%
JBHT Hunt (jb) Transprt SVCS Inc.	0.45%	4,697	$695K	Add +2.3%
GEHC GE Healthcare Technology	0.45%	8,569	$692K	Add +2.6%
TGT Target Corp.	0.44%	6,563	$685K	Add +6.3%
KEYS Keysight Technologies Inc.	0.42%	4,361	$653K	Add +1.6%
ULTA Ulta Beauty Inc.	0.37%	1,585	$581K	Add +2.3%
ABBV Abbvie Inc.	0.36%	2,661	$558K	New
CAVA Cava Group Inc.	0.33%	5,932	$513K	Add +8.1%
FSLR First Solar Inc.	0.32%	3,896	$493K	Add +3.5%
PM Philip Morris International	0.29%	2,861	$454K	New
KO The Coca-Cola Co.	0.27%	5,835	$418K	Add +18.2%
WMT Walmart Inc.	0.27%	4,731	$415K	New
NXT Nextpower Inc. filed as NEXTRACKER INC	0.26%	9,609	$405K	Add +2.8%
MCD McDonald's Corp.	0.25%	1,260	$394K	Add +18.9%
AMZN Amazon.com Inc.	0.25%	2,004	$381K	Reduce -18.5%
JNJ Johnson & Johnson	0.23%	2,192	$364K	Add +36.1%
SIRI Sirius XM Holdings Inc.	0.22%	15,000	$338K	No change
MCK McKesson Corp.	0.21%	486	$327K	New
ODFL Old Dominion Freight Line	0.20%	1,852	$306K	Add +0.4%
CAH Cardinal Health Inc.	0.19%	2,105	$290K	New
MRSH Marsh & McLennan Cos	0.18%	1,171	$286K	New
VRSN Verisign Inc.	0.17%	1,066	$271K	New
ELV Elevance Health Inc.	0.17%	609	$265K	New
GL Globe Life Inc.	0.17%	1,961	$258K	New
BRK.B Berkshire Hathaway Inc. Class B	0.16%	473	$252K	New
WTW Willis Towers Watson PLC	0.15%	710	$240K	Add +1.9%
SLM SLM Corp.	0.15%	8,072	$237K	New
EBAY eBay Inc.	0.15%	3,408	$231K	New
TXN Texas Instruments Inc.	0.15%	1,278	$230K	New
WELL Welltower Inc.	0.15%	1,486	$228K	New
EXC Exelon Corp.	0.14%	4,856	$224K	New
DTE DTE Energy Company	0.14%	1,611	$223K	New
TMUS T-Mobile US Inc.	0.14%	831	$222K	Reduce -22.6%
AEE Ameren Corporation	0.14%	2,200	$221K	New
GRPN Groupon Inc.	0.14%	11,640	$218K	New
L Loews Corp.	0.14%	2,369	$218K	New
RGLD Royal Gold Inc.	0.14%	1,315	$215K	New
AIG American International Group	0.14%	2,471	$215K	New
BRO Brown & Brown Inc.	0.14%	1,719	$214K	New
MNST Monster Beverage Corp.	0.14%	3,649	$214K	New
MDT Medtronic PLC	0.14%	2,365	$213K	New
COR Cencora Inc.	0.14%	761	$212K	New
CVS CVS Health Corp.	0.14%	3,120	$211K	New
VZ Verizon Communications Inc.	0.14%	4,657	$211K	New
MMM 3M Co.	0.13%	1,422	$209K	New
CTRA Coterra Energy Inc.	0.13%	7,220	$209K	New
YUM Yum! Brands Inc.	0.13%	1,325	$209K	New
IMCV iShares Morningstar Mid-Cap	0.13%	2,790	$207K	New
WMB Williams Cos Inc.	0.13%	3,457	$207K	New
MRK Merck & Co. Inc.	0.13%	2,301	$207K	New
UNP Union Pacific Corp.	0.13%	871	$206K	New
ICE Intercontinental Exchange Inc.	0.13%	1,186	$205K	New
GE General Electric filed as GE AEROSPACE	0.13%	1,018	$204K	New
EMR Emerson Electric Co.	0.13%	1,838	$202K	New
STLA Stellantis NV	0.10%	14,000	$157K	No change
AVK Advent Convert & Income	0.09%	12,059	$139K	New
XNROX Neu Re Est Sec Inc. FD Inc.-US filed as NEUBERGER BERMAN REAL ESTATE	0.07%	33,295	$110K	New

Portfolio Sells Q4 2024 → Q1 2025


UPS United Parcel Service Class B	Sold out	0.00%	−0.57
EW Edwards Lifesciences Corp.	Sold out	0.00%	−0.55
TSM Taiwan Semiconductor-SP ADR	Reduce -4.6%	2.14%	−0.51
DHR Danaher Corp.	Sold out	0.00%	−0.44
PEP Pepsico Inc.	Sold out	0.00%	−0.42
PLTR Palantir Technologies Inc. Class A	Sold out	0.00%	−0.34
PFE Pfizer Inc.	Sold out	0.00%	−0.31
CAT Caterpillar Inc.	Reduce -6.3%	1.44%	−0.23
PANW Palo Alto Networks Inc.	Reduce -6.2%	1.51%	−0.19
GS Goldman Sachs Group Inc.	Sold out	0.00%	−0.18
ANET Arista Networks Inc.	Sold out	0.00%	−0.17
VNO Vornado Realty Trust	Sold out	0.00%	−0.16
TPR Tapestry Inc.	Sold out	0.00%	−0.16
LYV Live Nation Entertainment Inc.	Sold out	0.00%	−0.16
WH Wyndham Hotels & Resorts Inc.	Sold out	0.00%	−0.15
ISRG Intuitive Surgical Inc.	Sold out	0.00%	−0.15
CVSA Covista Inc.	Sold out	0.00%	−0.15
LMND Lemonade Inc.	Sold out	0.00%	−0.15
CBRE CBRE Group Inc. Class A	Sold out	0.00%	−0.15
STT State Street Corp.	Sold out	0.00%	−0.15
IP International Paper Co.	Sold out	0.00%	−0.15
RL Ralph Lauren Corp.	Sold out	0.00%	−0.15
DRI Darden Restaurants Inc.	Sold out	0.00%	−0.14
FHI Federated Hermes Inc.	Sold out	0.00%	−0.14
PGR Progressive Corp.	Sold out	0.00%	−0.14
OLLI Ollie's Bargain Outlet Holdi	Sold out	0.00%	−0.14
PODD Insulet Corp.	Sold out	0.00%	−0.14
ZION Zions Bancorp NA	Sold out	0.00%	−0.14
NTRS Northern Trust Corp.	Sold out	0.00%	−0.13
HLT Hilton Worldwide Holdings Inc.	Sold out	0.00%	−0.13
EVRG Evergy Inc.	Sold out	0.00%	−0.13
PNW Pinnacle West Capital	Sold out	0.00%	−0.13
AMZN Amazon.com Inc.	Reduce -18.5%	0.25%	−0.10
INGR Ingredion Inc.	Reduce -2.6%	0.99%	−0.04
DFS Discover Financial Services	Reduce -1.3%	1.24%	−0.02
TJX TJX Companies Inc.	Reduce -3.1%	1.41%	−0.02
TMUS T-Mobile US Inc.	Reduce -22.6%	0.14%	−0.01
RITM Rithm Capital Corp.	Reduce -0.6%	0.69%	+0.04
TSN Tyson Foods Inc. Class A	Reduce -1.4%	0.59%	+0.06
LNC Lincoln National Corp.	Reduce -0.5%	0.91%	+0.11

Portfolio Buys Q4 2024 → Q1 2025


LLY Eli Lilly & Co.	Add +3.1%	11.73%	+1.19
AMGN Amgen Inc.	New	0.48%	+0.48
T AT&T Inc.	Add +23.0%	1.07%	+0.38
ABBV Abbvie Inc.	New	0.36%	+0.36
V Visa Inc. Class A	Add +22.7%	1.32%	+0.36
IBM Intl Business Machines Corp.	Add +7.6%	1.81%	+0.34
CVX Chevron Corp.	Add +16.3%	1.25%	+0.33
RTX RTX Corp.	Add +14.1%	1.32%	+0.32
PM Philip Morris International	New	0.29%	+0.29
DUK Duke Energy Corp.	Add +14.3%	1.22%	+0.29
WMT Walmart Inc.	New	0.27%	+0.27
MCK McKesson Corp.	New	0.21%	+0.21
BX Blackstone Inc.	Add +96.1%	0.52%	+0.20
CAH Cardinal Health Inc.	New	0.19%	+0.19
MRSH Marsh & McLennan Cos	New	0.18%	+0.18
VRSN Verisign Inc.	New	0.17%	+0.17
ELV Elevance Health Inc.	New	0.17%	+0.17
GL Globe Life Inc.	New	0.17%	+0.17
BRK.B Berkshire Hathaway Inc. Class B	New	0.16%	+0.16
SLM SLM Corp.	New	0.15%	+0.15
XOM Exxon Mobil Corp.	Add +5.3%	1.02%	+0.15
EBAY eBay Inc.	New	0.15%	+0.15
TXN Texas Instruments Inc.	New	0.15%	+0.15
WELL Welltower Inc.	New	0.15%	+0.15
EXC Exelon Corp.	New	0.14%	+0.14
DTE DTE Energy Company	New	0.14%	+0.14
AEE Ameren Corporation	New	0.14%	+0.14
GRPN Groupon Inc.	New	0.14%	+0.14
L Loews Corp.	New	0.14%	+0.14
RGLD Royal Gold Inc.	New	0.14%	+0.14
AIG American International Group	New	0.14%	+0.14
BRO Brown & Brown Inc.	New	0.14%	+0.14
MNST Monster Beverage Corp.	New	0.14%	+0.14
MDT Medtronic PLC	New	0.14%	+0.14
COR Cencora Inc.	New	0.14%	+0.14
CVS CVS Health Corp.	New	0.14%	+0.14
VZ Verizon Communications Inc.	New	0.14%	+0.14
MMM 3M Co.	New	0.13%	+0.13
CTRA Coterra Energy Inc.	New	0.13%	+0.13
YUM Yum! Brands Inc.	New	0.13%	+0.13
IMCV iShares Morningstar Mid-Cap	New	0.13%	+0.13
MRK Merck & Co. Inc.	New	0.13%	+0.13
WMB Williams Cos Inc.	New	0.13%	+0.13
UNP Union Pacific Corp.	New	0.13%	+0.13
CI The Cigna Group	Add +1.6%	0.73%	+0.13
ICE Intercontinental Exchange Inc.	New	0.13%	+0.13
GE General Electric	New	0.13%	+0.13
UNH Unitedhealth Group Inc.	Add +7.8%	1.16%	+0.13
EMR Emerson Electric Co.	New	0.13%	+0.13
CSCO Cisco Systems Inc.	Add +5.3%	1.26%	+0.12

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