Trust Investment Advisors

Name: Trust Investment Advisors 13F holdings, Q2 2025
Creator: Trust Investment Advisors
Published: 2025-08-01

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

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 1, 2025), Trust Investment Advisors reported 123 stock positions worth $164.7 million. Its top holding was Eli Lilly (LLY) at 9.8% of the portfolio, followed by Apple (AAPL, 8.7%) and Microsoft (MSFT, 6.0%). Compared with Q1 2025, it opened 30 new positions, sold out of 25, added to 15 and reduced 64. The biggest buy was a new position in Capital One Financial (COF) and the biggest sale Eli Lilly (LLY, shares −6%).

Most Recent 13F: Q2 2026
Location: INDIANAPOLIS, IN
CIK: 0001597690
Portfolio Value: $164.7M (Q2 2025)
SEC Filing: 0001085146-25-004435 ↗ filed Aug 1, 2025

Holdings Value

Holdings 123 stocks · $164.7M


LLY Eli Lilly & Co.	9.83%	20,783	$16.2M	Reduce -5.8%
AAPL Apple Inc.	8.68%	69,689	$14.3M	Reduce -2.9%
MSFT Microsoft Corp.	6.00%	19,858	$9.9M	Reduce -5.6%
AVGO Broadcom Inc.	3.84%	22,950	$6.3M	Reduce -3.4%
NVDA Nvidia Corp.	3.27%	34,084	$5.4M	Reduce -4.5%
TSM Taiwan Semiconductor-SP ADR	2.63%	19,152	$4.3M	Reduce -4.5%
CLS Celestica Inc.	2.07%	21,857	$3.4M	Reduce -2.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	1.93%	10,762	$3.2M	Reduce -4.7%
JPM JPMorgan Chase & Co.	1.69%	9,582	$2.8M	Reduce -8.4%
PANW Palo Alto Networks Inc.	1.62%	13,039	$2.7M	Reduce -4.9%
CHWY Chewy Inc. Class A	1.58%	61,039	$2.6M	Add +6.6%
CAT Caterpillar Inc.	1.51%	6,422	$2.5M	Reduce -5.1%
COF Capital One Financial Corp.	1.40%	10,875	$2.3M	New
ETN Eaton Corp. PLC	1.36%	6,262	$2.2M	Reduce -6.7%
CSCO Cisco Systems Inc.	1.30%	30,959	$2.1M	Reduce -2.3%
GOOG Alphabet Inc. Class C	1.30%	12,092	$2.1M	Reduce -3.5%
RIO Rio Tinto PLC-Spon ADR	1.29%	36,444	$2.1M	Reduce -3.5%
MS Morgan Stanley	1.27%	14,825	$2.1M	Reduce -6.3%
HD Home Depot Inc.	1.26%	5,657	$2.1M	Reduce -4.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW	1.24%	16,546	$2.0M	Reduce -8.0%
AMD Advanced Micro Devices	1.17%	13,525	$1.9M	Reduce -5.1%
RTX RTX Corp.	1.15%	13,010	$1.9M	Reduce -15.7%
TT Trane Technologies PLC	1.15%	4,343	$1.9M	Reduce -8.4%
MSI Motorola Solutions Inc.	1.14%	4,465	$1.9M	Reduce -6.9%
V Visa Inc. Class A	1.07%	4,971	$1.8M	Reduce -14.8%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL	1.06%	17,081	$1.8M	Reduce -7.3%
QCOM Qualcomm Inc.	1.03%	10,627	$1.7M	Reduce -4.2%
OKE Oneok Inc.	1.02%	20,634	$1.7M	Reduce -4.5%
MA Mastercard Inc. Class A	1.00%	2,936	$1.6M	Reduce -3.9%
DELL Dell Technologies -C	0.99%	13,278	$1.6M	Add +0.5%
TSCO Tractor Supply Company	0.97%	30,137	$1.6M	Reduce -6.7%
CFG Citizens Financial Group	0.95%	35,156	$1.6M	Reduce -5.5%
VMC Vulcan Materials Co.	0.95%	5,991	$1.6M	Reduce -6.2%
DUK Duke Energy Corp.	0.94%	13,118	$1.5M	Reduce -15.8%
WBS Webster Financial Corp.	0.86%	25,910	$1.4M	Reduce -4.2%
BA The Boeing Co.	0.86%	6,730	$1.4M	Reduce -1.2%
AMZN Amazon.com Inc.	0.86%	6,426	$1.4M	Add +220.7%
CVX Chevron Corp.	0.85%	9,765	$1.4M	Reduce -15.9%
T AT&T Inc.	0.85%	48,293	$1.4M	Reduce -18.1%
INGR Ingredion Inc.	0.84%	10,239	$1.4M	Reduce -9.6%
XOM Exxon Mobil Corp.	0.84%	12,859	$1.4M	Reduce -3.6%
LNC Lincoln National Corp.	0.80%	37,849	$1.3M	Reduce -4.2%
O Realty Income Corp.	0.79%	22,454	$1.3M	Reduce -1.4%
BX Blackstone Inc.	0.71%	7,834	$1.2M	Add +34.6%
KMI Kinder Morgan Inc.	0.68%	38,170	$1.1M	Reduce -4.3%
PRU Prudential Financial Inc.	0.68%	10,440	$1.1M	Reduce -6.3%
NXPI NXP Semiconductors NV	0.66%	4,964	$1.1M	Reduce -5.2%
CI The Cigna Group	0.65%	3,239	$1.1M	Reduce -5.9%
HON Honeywell International Inc.	0.65%	4,591	$1.1M	New
RITM Rithm Capital Corp.	0.63%	91,526	$1.0M	Reduce -2.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.61%	8,165	$1.0M	Reduce -2.3%
KLAC KLA Corp.	0.61%	1,124	$1.0M	Reduce -5.4%
UNH Unitedhealth Group Inc.	0.61%	3,220	$1.0M	Reduce -6.4%
AMGN Amgen Inc.	0.61%	3,595	$1.0M	Add +48.7%
LOW Lowe's Cos Inc.	0.58%	4,299	$954K	Reduce -5.1%
MLM Martin Marietta Materials	0.57%	1,720	$944K	Reduce -6.7%
LIN Linde PLC	0.55%	1,918	$900K	Reduce -6.0%
OBDC Blue Owl Capital Corp.	0.51%	59,044	$847K	Add +0.4%
CTRA Coterra Energy Inc.	0.50%	32,688	$830K	Add +352.7%
TSN Tyson Foods Inc. Class A	0.49%	14,511	$812K	Add +0.6%
STZ Constellation Brands Inc. Class A	0.47%	4,713	$767K	Reduce -6.7%
VST Vistra Corp.	0.45%	3,844	$745K	New
FBND Fidelity Total Bond ETF	0.43%	15,592	$713K	No change
KEYS Keysight Technologies Inc.	0.40%	4,025	$660K	Reduce -7.7%
ASO Academy Sports & Outdoors Inc.	0.39%	14,504	$650K	Reduce -6.2%
EOG EOG Resources Inc.	0.39%	5,387	$644K	Reduce -2.9%
TGT Target Corp.	0.39%	6,496	$641K	Reduce -1.0%
JBHT Hunt (jb) Transprt SVCS Inc.	0.39%	4,433	$637K	Reduce -5.6%
GEHC GE Healthcare Technology	0.38%	8,449	$626K	Reduce -1.4%
FSLR First Solar Inc.	0.36%	3,602	$596K	Reduce -7.5%
PM Philip Morris International	0.32%	2,861	$521K	No change
NXT Nextpower Inc. filed as NEXTRACKER INC	0.31%	9,386	$510K	Reduce -2.3%
CAVA Cava Group Inc.	0.29%	5,693	$480K	Reduce -4.0%
WMT Walmart Inc.	0.28%	4,731	$463K	No change
KO The Coca-Cola Co.	0.25%	5,848	$414K	Add +0.2%
GRPN Groupon Inc.	0.23%	11,535	$386K	Reduce -0.9%
MCD McDonald's Corp.	0.22%	1,260	$368K	No change
CAH Cardinal Health Inc.	0.21%	2,105	$354K	No change
SIRI Sirius XM Holdings Inc.	0.21%	15,000	$345K	No change
JNJ Johnson & Johnson	0.20%	2,197	$336K	Add +0.2%
ABBV Abbvie Inc.	0.20%	1,755	$326K	Reduce -34.0%
APH Amphenol Corp. Class A	0.19%	3,161	$312K	New
ODFL Old Dominion Freight Line	0.18%	1,852	$301K	No change
RSG Republic Services Inc.	0.17%	1,132	$279K	New
UBER Uber Technologies Inc.	0.17%	2,974	$277K	New
CTVA Corteva Inc.	0.17%	3,722	$277K	New
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC	0.16%	2,083	$265K	New
JBL Jabil Inc.	0.16%	1,195	$261K	New
PLTR Palantir Technologies Inc. Class A	0.16%	1,903	$259K	New
EMR Emerson Electric Co.	0.15%	1,843	$246K	Add +0.3%
ELV Elevance Health Inc.	0.14%	609	$237K	No change
HWM Howmet Aerospace Inc.	0.14%	1,260	$235K	New
RGLD Royal Gold Inc.	0.14%	1,315	$234K	No change
BRK.B Berkshire Hathaway Inc. Class B	0.14%	473	$230K	No change
MNST Monster Beverage Corp.	0.14%	3,649	$229K	No change
CCEP Coca-Cola Europacific Partne	0.14%	2,465	$229K	New
COR Cencora Inc.	0.14%	761	$228K	No change
NFLX Netflix Inc.	0.14%	170	$228K	New
NTRS Northern Trust Corp.	0.14%	1,785	$226K	New
TXN Texas Instruments Inc.	0.14%	1,082	$225K	Reduce -15.3%
GE General Electric filed as GE AEROSPACE	0.14%	867	$223K	Reduce -14.8%
DGX Quest Diagnostics Inc.	0.14%	1,240	$223K	New
IDV iShares International Select	0.13%	6,400	$221K	New
ROK Rockwell Automation Inc.	0.13%	664	$221K	New
JCI Johnson Controls Internation	0.13%	2,083	$220K	New
THC Tenet Healthcare Corp.	0.13%	1,242	$219K	New
HII Huntington Ingalls Industrie	0.13%	886	$214K	New
WRB WR Berkley Corp. filed as BERKLEY W R CORP	0.13%	2,894	$213K	New
SPY SS SPDR S&P 500 ETF Trust-US	0.13%	344	$213K	New
IMCV iShares Morningstar Mid-Cap	0.13%	2,795	$212K	Add +0.2%
AEE Ameren Corporation	0.13%	2,200	$211K	No change
AXON Axon Enterprise Inc.	0.13%	255	$211K	New
UGI Ugi Corp.	0.13%	5,768	$210K	New
HIG Hartford Insurance Group Inc.	0.13%	1,640	$208K	New
MDT Medtronic PLC	0.13%	2,377	$207K	Add +0.5%
ROL Rollins Inc.	0.13%	3,655	$206K	New
NSC Norfolk Southern Corp.	0.12%	801	$205K	New
VRSK Verisk Analytics Inc.	0.12%	654	$204K	New
NRG NRG Energy Inc.	0.12%	1,265	$203K	New
GT Goodyear Tire & Rubber Co.	0.11%	16,823	$174K	New
AVK Advent Convert & Income	0.09%	12,361	$150K	Add +2.5%
STLA Stellantis NV	0.09%	14,000	$140K	No change
XNROX Neu Re Est Sec Inc. FD Inc.-US filed as NEUBERGER BERMAN REAL ESTATE	0.07%	34,141	$110K	Add +2.5%

Portfolio Sells Q1 2025 → Q2 2025


LLY Eli Lilly & Co.	Reduce -5.8%	9.83%	−1.90
AAPL Apple Inc.	Reduce -2.9%	8.68%	−1.58
DFS Discover Financial Services	Sold out	0.00%	−1.24
UNH Unitedhealth Group Inc.	Reduce -6.4%	0.61%	−0.55
TFC Truist Financial Corp.	Sold out	0.00%	−0.53
CVX Chevron Corp.	Reduce -15.9%	0.85%	−0.40
ULTA Ulta Beauty Inc.	Sold out	0.00%	−0.37
OKE Oneok Inc.	Reduce -4.5%	1.02%	−0.36
DUK Duke Energy Corp.	Reduce -15.8%	0.94%	−0.28
V Visa Inc. Class A	Reduce -14.8%	1.07%	−0.25
T AT&T Inc.	Reduce -18.1%	0.85%	−0.23
MSI Motorola Solutions Inc.	Reduce -6.9%	1.14%	−0.21
MCK McKesson Corp.	Sold out	0.00%	−0.21
MRSH Marsh & McLennan Cos	Sold out	0.00%	−0.18
TSCO Tractor Supply Company	Reduce -6.7%	0.97%	−0.18
XOM Exxon Mobil Corp.	Reduce -3.6%	0.84%	−0.18
VRSN Verisign Inc.	Sold out	0.00%	−0.17
TJX TJX Companies Inc.	Reduce -8.0%	1.24%	−0.17
RIO Rio Tinto PLC-Spon ADR	Reduce -3.5%	1.29%	−0.17
GL Globe Life Inc.	Sold out	0.00%	−0.17
RTX RTX Corp.	Reduce -15.7%	1.15%	−0.16
ABBV Abbvie Inc.	Reduce -34.0%	0.20%	−0.16
WTW Willis Towers Watson PLC	Sold out	0.00%	−0.15
SLM SLM Corp.	Sold out	0.00%	−0.15
EBAY eBay Inc.	Sold out	0.00%	−0.15
WELL Welltower Inc.	Sold out	0.00%	−0.15
EXC Exelon Corp.	Sold out	0.00%	−0.14
DTE DTE Energy Company	Sold out	0.00%	−0.14
INGR Ingredion Inc.	Reduce -9.6%	0.84%	−0.14
TMUS T-Mobile US Inc.	Sold out	0.00%	−0.14
L Loews Corp.	Sold out	0.00%	−0.14
AIG American International Group	Sold out	0.00%	−0.14
BRO Brown & Brown Inc.	Sold out	0.00%	−0.14
HD Home Depot Inc.	Reduce -4.4%	1.26%	−0.14
CVS CVS Health Corp.	Sold out	0.00%	−0.14
VZ Verizon Communications Inc.	Sold out	0.00%	−0.14
MMM 3M Co.	Sold out	0.00%	−0.13
YUM Yum! Brands Inc.	Sold out	0.00%	−0.13
MRK Merck & Co. Inc.	Sold out	0.00%	−0.13
WMB Williams Cos Inc.	Sold out	0.00%	−0.13
UNP Union Pacific Corp.	Sold out	0.00%	−0.13
ICE Intercontinental Exchange Inc.	Sold out	0.00%	−0.13
STZ Constellation Brands Inc. Class A	Reduce -6.7%	0.47%	−0.13
PRU Prudential Financial Inc.	Reduce -6.3%	0.68%	−0.12
LNC Lincoln National Corp.	Reduce -4.2%	0.80%	−0.12
LOW Lowe's Cos Inc.	Reduce -5.1%	0.58%	−0.10
CI The Cigna Group	Reduce -5.9%	0.65%	−0.08
MA Mastercard Inc. Class A	Reduce -3.9%	1.00%	−0.08
QCOM Qualcomm Inc.	Reduce -4.2%	1.03%	−0.07
EOG EOG Resources Inc.	Reduce -2.9%	0.39%	−0.07

Portfolio Buys Q1 2025 → Q2 2025


COF Capital One Financial Corp.	New	1.40%	+1.40
HON Honeywell International Inc.	New	0.65%	+0.65
AMZN Amazon.com Inc.	Add +220.7%	0.86%	+0.61
VST Vistra Corp.	New	0.45%	+0.45
CHWY Chewy Inc. Class A	Add +6.6%	1.58%	+0.38
CTRA Coterra Energy Inc.	Add +352.7%	0.50%	+0.37
DELL Dell Technologies -C	Add +0.5%	0.99%	+0.21
APH Amphenol Corp. Class A	New	0.19%	+0.19
BX Blackstone Inc.	Add +34.6%	0.71%	+0.19
RSG Republic Services Inc.	New	0.17%	+0.17
CTVA Corteva Inc.	New	0.17%	+0.17
UBER Uber Technologies Inc.	New	0.17%	+0.17
CVSA Covista Inc.	New	0.16%	+0.16
JBL Jabil Inc.	New	0.16%	+0.16
PLTR Palantir Technologies Inc. Class A	New	0.16%	+0.16
HWM Howmet Aerospace Inc.	New	0.14%	+0.14
CCEP Coca-Cola Europacific Partne	New	0.14%	+0.14
NFLX Netflix Inc.	New	0.14%	+0.14
NTRS Northern Trust Corp.	New	0.14%	+0.14
DGX Quest Diagnostics Inc.	New	0.14%	+0.14
IDV iShares International Select	New	0.13%	+0.13
ROK Rockwell Automation Inc.	New	0.13%	+0.13
JCI Johnson Controls Internation	New	0.13%	+0.13
THC Tenet Healthcare Corp.	New	0.13%	+0.13
HII Huntington Ingalls Industrie	New	0.13%	+0.13
WRB WR Berkley Corp.	New	0.13%	+0.13
SPY SS SPDR S&P 500 ETF Trust-US	New	0.13%	+0.13
AXON Axon Enterprise Inc.	New	0.13%	+0.13
UGI Ugi Corp.	New	0.13%	+0.13
HIG Hartford Insurance Group Inc.	New	0.13%	+0.13
ROL Rollins Inc.	New	0.13%	+0.13
AMGN Amgen Inc.	Add +48.7%	0.61%	+0.12
NSC Norfolk Southern Corp.	New	0.12%	+0.12
VRSK Verisk Analytics Inc.	New	0.12%	+0.12
NRG NRG Energy Inc.	New	0.12%	+0.12
GT Goodyear Tire & Rubber Co.	New	0.11%	+0.11
EMR Emerson Electric Co.	Add +0.3%	0.15%	+0.02
AVK Advent Convert & Income	Add +2.5%	0.09%	+0.00
XNROX Neu Re Est Sec Inc. FD Inc.-US	Add +2.5%	0.07%	−0.00
IMCV iShares Morningstar Mid-Cap	Add +0.2%	0.13%	−0.00
MDT Medtronic PLC	Add +0.5%	0.13%	−0.01
KO The Coca-Cola Co.	Add +0.2%	0.25%	−0.02
JNJ Johnson & Johnson	Add +0.2%	0.20%	−0.03
OBDC Blue Owl Capital Corp.	Add +0.4%	0.51%	−0.04
TSN Tyson Foods Inc. Class A	Add +0.6%	0.49%	−0.10

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