Violich Capital Management, Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 25, 2024), Violich Capital Management, Inc. reported 109 stock positions worth $740.0 million. Its top holding was Microsoft (MSFT) at 11.2% of the portfolio, followed by Alphabet Class C (GOOG, 9.0%) and Alphabet Class A (GOOGL, 8.1%). Compared with Q1 2024, it opened 6 new positions, sold out of 6, added to 37 and reduced 18. The biggest buy was Alphabet Class A (GOOGL, shares +1%) and the biggest sale CVS Health (CVS, shares −27%).

Most Recent 13F
Q2 2026
Location
MILL VALLEY, CA
CIK
0001326766
Portfolio Value
$740.0M (Q2 2024)
SEC Filing
0001326766-24-000003 ↗ filed Jul 25, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $698.8M Q1 2024 Q2 2024: $740.0M $740.0M Q2 2024 Q3 2024: $769.3M Q3 2024 Q4 2024: $768.8M Q4 2024 Q1 2025: $741.2M Q1 2025 Q2 2025: $710.6M Q2 2025 Q3 2025: $840.4M Q3 2025 Q4 2025: $896.1M Q4 2025 Q1 2026: $855.4M Q1 2026 Q2 2026: $919.3M Q2 2026

Holdings 109 stocks · $740.0M
MSFT Microsoft Corp. 11.19% 185,218 $82.8M Add +1.1%
GOOG Alphabet Inc. Class C 8.96% 361,375 $66.3M Add +0.0%
GOOGL Alphabet Inc. Class A 8.10% 328,940 $59.9M Add +1.5%
AAPL Apple Inc. 7.54% 264,781 $55.8M Reduce -7.2%
COST Costco Wholesale Corp. 7.09% 61,742 $52.5M Reduce -0.7%
V Visa Inc. Class A 5.16% 145,544 $38.2M Add +1.6%
ORCL Oracle Corp. 3.99% 208,946 $29.5M Add +3.1%
BRK.B Berkshire Hathaway Inc. Class B 2.72% 49,500 $20.1M Add +2.2%
ABBV Abbvie Inc. 2.70% 116,486 $20.0M Add +0.9%
UNH Unitedhealth Group Inc. 2.55% 37,115 $18.9M Add +3.6%
BHP BHP Group Ltd.-Spon ADR 1.99% 258,223 $14.7M Add +10.7%
PEP Pepsico Inc. 1.97% 88,367 $14.6M Add +2.6%
JNJ Johnson & Johnson 1.92% 97,121 $14.2M Add +0.4%
CVX Chevron Corp. 1.62% 76,769 $12.0M Add +13.9%
DHR Danaher Corp. 1.52% 44,899 $11.2M No change
MRK Merck & Co. Inc. 1.51% 90,429 $11.2M Add +3.1%
ACN Accenture PLC Class A 1.48% 35,977 $10.9M Reduce -0.4%
LRCX Lam Research Corp. 1.44% 10,000 $10.6M No change
AMLP Alerian MLP ETF 1.44% 221,420 $10.6M Add +5.2%
NKE Nike Inc. Class B 1.40% 137,386 $10.4M Add +0.1%
GLD SPDR Gold Shares 1.31% 45,227 $9.7M Add +11.0%
CVS CVS Health Corp. 1.26% 157,823 $9.3M Reduce -27.4%
HON Honeywell International Inc. 1.24% 42,821 $9.1M Add +15.4%
AMZN Amazon.com Inc. 1.23% 47,155 $9.1M Add +17.7%
COP Conocophillips 1.20% 77,914 $8.9M Add +3.6%
ADP Automatic Data Processing 0.95% 29,525 $7.0M Reduce -14.2%
VZ Verizon Communications Inc. 0.93% 166,607 $6.9M Add +8.1%
AON Aon PLC Class A 0.86% 21,633 $6.4M Add +1.0%
XOM Exxon Mobil Corp. 0.70% 44,809 $5.2M Add +65.6%
BDX Becton Dickinson and Co. 0.67% 21,264 $5.0M No change
PM Philip Morris International 0.60% 43,504 $4.4M Add +4.5%
JPM JPMorgan Chase & Co. 0.54% 19,695 $4.0M No change
NEE Nextera Energy Inc. 0.51% 53,600 $3.8M No change
AMGN Amgen Inc. 0.51% 12,030 $3.8M No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.47% 73,083 $3.4M Add +5.0%
RIO Rio Tinto PLC-Spon ADR 0.46% 51,205 $3.4M Reduce -10.0%
AVGO Broadcom Inc. 0.45% 2,090 $3.4M No change
DVN Devon Energy Corp. 0.42% 65,435 $3.1M No change
KO The Coca-Cola Co. 0.39% 45,747 $2.9M Reduce -0.7%
KMB Kimberly-Clark Corp. 0.39% 21,042 $2.9M Add +16.0%
CI The Cigna Group 0.36% 8,055 $2.7M Add +12.2%
ADBE Adobe Inc. 0.36% 4,751 $2.6M Add +1.0%
CMCSA Comcast Corp. Class A 0.35% 66,398 $2.6M Add +2.5%
VOO Vanguard S&P 500 ETF 0.35% 5,170 $2.6M Add +10.8%
SYK Stryker Corp. 0.33% 7,200 $2.5M No change
QUAL iShares MSCI USA Quality Fac 0.28% 12,350 $2.1M Add +311.7%
AEM Agnico Eagle Mines Ltd. 0.28% 31,867 $2.1M Add +47.2%
GS Goldman Sachs Group Inc. 0.27% 4,450 $2.0M New
ELV Elevance Health Inc. 0.27% 3,700 $2.0M No change
DE Deere & Co. 0.25% 5,000 $1.9M Reduce -2.0%
VTWO Vanguard Russell 2000 ETF 0.25% 22,500 $1.8M No change
QQQ Invesco QQQ Trust Series 1 0.24% 3,749 $1.8M Add +21.9%
META Meta Platforms Inc. Class A 0.24% 3,460 $1.7M New
SPY SS SPDR S&P 500 ETF Trust-US 0.23% 3,140 $1.7M Add +4.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.23% 17,124 $1.7M Reduce -11.2%
FDX FedEx Corp. 0.21% 5,070 $1.5M Reduce -44.1%
MA Mastercard Inc. Class A 0.20% 3,410 $1.5M Add +2.9%
PG The Procter & Gamble Co. 0.19% 8,437 $1.4M No change
UNP Union Pacific Corp. 0.18% 6,052 $1.4M No change
PFE Pfizer Inc. 0.18% 46,869 $1.3M No change
CPAY Corpay Inc. 0.17% 4,800 $1.3M No change
MCD McDonald's Corp. 0.16% 4,765 $1.2M No change
VFIAX Vanguard 500 Index-Adm 0.16% 2,280 $1.1M Add +10.8%
IVV iShares Core S&P 500 ETF 0.14% 1,910 $1.0M Add +47.8%
Duke Energy Corp New 0.14% 10,021 $1.0M No change
PANW Palo Alto Networks Inc. 0.13% 2,850 $966K No change
DELL Dell Technologies -C 0.13% 6,850 $945K No change
WMT Walmart Inc. 0.12% 12,975 $879K No change
DT Dynatrace Inc. 0.10% 17,160 $768K New
NXE Nexgen Energy Ltd. 0.10% 109,400 $764K No change
KVUE Kenvue Inc. 0.10% 40,529 $737K Reduce -33.3%
MU Micron Technology Inc. 0.10% 5,500 $723K No change
SLV iShares Silver Trust 0.10% 26,600 $707K Add +8.1%
MDT Medtronic PLC 0.09% 8,865 $698K No change
FANG Diamondback Energy Inc. 0.08% 2,900 $581K No change
TMO Thermo Fisher Scientific Inc. 0.08% 1,013 $560K Reduce -33.0%
LIN Linde PLC 0.08% 1,267 $556K No change
VLTO Veralto Corp. 0.07% 5,778 $552K Reduce -43.8%
CL Colgate-Palmolive Co. 0.07% 5,610 $544K No change
ICSH iShares Ultra Short Duration 0.07% 10,560 $534K Reduce -11.6%
NSRGY Nestle SA-Spons ADR 0.07% 5,097 $522K No change
EPD Enterprise Products Partners 0.07% 17,950 $520K No change
NVS Novartis AG-Sponsored ADR 0.06% 4,412 $470K No change
HD Home Depot Inc. 0.06% 1,350 $465K No change
THC Tenet Healthcare Corp. 0.06% 3,380 $450K No change
PCAR Paccar Inc. 0.05% 3,900 $401K No change
PRGO Perrigo Co. PLC 0.05% 14,600 $375K Reduce -54.9%
AGTHX Amer FND GRW FD of Am-A 0.05% 4,999 $369K No change
SO The Southern Co. 0.05% 4,595 $356K No change
CNMD Conmed Corp. 0.05% 5,000 $347K New
SPGI S&P Global Inc. 0.05% 750 $335K No change
MMM 3M Co. 0.04% 3,196 $327K Reduce -22.1%
RGLD Royal Gold Inc. 0.04% 2,600 $325K No change
AMERICAN TOWER CORP 0.04% 1,650 $321K No change
MCHP Microchip Technology Inc. 0.04% 3,500 $320K No change
BLK BlackRock Finance Inc. 0.04% 400 $315K No change
D Dominion Energy Inc. 0.04% 5,855 $287K Reduce -47.0%
TTE Totalenergies SE -Spon ADR 0.04% 4,174 $278K Reduce -1.9%
VTRIX Vanguard Intl Val-Inv 0.04% 2,000 $261K No change
BA The Boeing Co. 0.03% 1,243 $226K No change
ARKK ARK Innovation ETF 0.03% 5,000 $220K No change
STMSX Simt Tax MGD SM Mid Cap-F filed as SEI Tax Managed Small/Mid Cap 0.03% 8,189 $212K No change
OKE Oneok Inc. 0.03% 2,581 $210K No change
NE Noble Corp. PLC 0.03% 4,700 $210K No change
CONSOL ENERGY INC 0.03% 1,980 $202K New
VMD Viemed Healthcare Inc. 0.02% 22,500 $147K No change
SLVYY Solvay SA - Unsp ADR filed as SLVYY 0.02% 34,700 $119K New
WDOFF Wesdome Gold Mines Ltd. 0.02% 14,400 $116K No change
KOS Kosmos Energy Ltd. 0.02% 20,700 $115K No change

Portfolio Sells Q1 2024 → Q2 2024
CVS CVS Health Corp. Reduce -27.4% 1.26% −1.22
ACN Accenture PLC Class A Reduce -0.4% 1.48% −0.32
ADP Automatic Data Processing Reduce -14.2% 0.95% −0.28
FCX Freeport-McMoran Inc. Sold out 0.00% −0.23
FDX FedEx Corp. Reduce -44.1% 0.21% −0.17
DIS The Walt Disney Co. Reduce -11.2% 0.23% −0.11
PRGO Perrigo Co. PLC Reduce -54.9% 0.05% −0.10
KVUE Kenvue Inc. Reduce -33.3% 0.10% −0.09
INTC Intel Corp. Sold out 0.00% −0.09
RIO Rio Tinto PLC-Spon ADR Reduce -10.0% 0.46% −0.06
VLTO Veralto Corp. Reduce -43.8% 0.07% −0.06
TMO Thermo Fisher Scientific Inc. Reduce -33.0% 0.08% −0.05
DE Deere & Co. Reduce -2.0% 0.25% −0.05
D Dominion Energy Inc. Reduce -47.0% 0.04% −0.04
WDS Woodside Energy Group-ADR Sold out 0.00% −0.03
VIMAX VNGD Mrngst MD-CP Idx FD-Adm Sold out 0.00% −0.03
VVV Valvoline Inc. Sold out 0.00% −0.03
GPN Global Payments Inc. Sold out 0.00% −0.03
MMM 3M Co. Reduce -22.1% 0.04% −0.02
ICSH iShares Ultra Short Duration Reduce -11.6% 0.07% −0.01
KO The Coca-Cola Co. Reduce -0.7% 0.39% −0.01
TTE Totalenergies SE -Spon ADR Reduce -1.9% 0.04% −0.00
AAPL Apple Inc. Reduce -7.2% 7.54% +0.54
COST Costco Wholesale Corp. Reduce -0.7% 7.09% +0.57

Portfolio Buys Q1 2024 → Q2 2024
GOOGL Alphabet Inc. Class A Add +1.5% 8.10% +1.09
GOOG Alphabet Inc. Class C Add +0.0% 8.96% +1.08
ORCL Oracle Corp. Add +3.1% 3.99% +0.34
GS Goldman Sachs Group Inc. New 0.27% +0.27
XOM Exxon Mobil Corp. Add +65.6% 0.70% +0.25
META Meta Platforms Inc. Class A New 0.24% +0.24
QUAL iShares MSCI USA Quality Fac Add +311.7% 0.28% +0.21
AMZN Amazon.com Inc. Add +17.7% 1.23% +0.20
MSFT Microsoft Corp. Add +1.1% 11.19% +0.16
HON Honeywell International Inc. Add +15.4% 1.24% +0.15
GLD SPDR Gold Shares Add +11.0% 1.31% +0.11
DT Dynatrace Inc. New 0.10% +0.10
CVX Chevron Corp. Add +13.9% 1.62% +0.10
AEM Agnico Eagle Mines Ltd. Add +47.2% 0.28% +0.10
BHP BHP Group Ltd.-Spon ADR Add +10.7% 1.99% +0.07
KMB Kimberly-Clark Corp. Add +16.0% 0.39% +0.06
PM Philip Morris International Add +4.5% 0.60% +0.05
QQQ Invesco QQQ Trust Series 1 Add +21.9% 0.24% +0.05
CNMD Conmed Corp. New 0.05% +0.05
IVV iShares Core S&P 500 ETF Add +47.8% 0.14% +0.04
VOO Vanguard S&P 500 ETF Add +10.8% 0.35% +0.03
CONSOL ENERGY INC New 0.03% +0.03
ADBE Adobe Inc. Add +1.0% 0.36% +0.02
UNH Unitedhealth Group Inc. Add +3.6% 2.55% +0.02
SLVYY Solvay SA - Unsp ADR New 0.02% +0.02
SLV iShares Silver Trust Add +8.1% 0.10% +0.02
VFIAX Vanguard 500 Index-Adm Add +10.8% 0.16% +0.01
AMLP Alerian MLP ETF Add +5.2% 1.44% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +4.2% 0.23% +0.01
VZ Verizon Communications Inc. Add +8.1% 0.93% +0.00
CI The Cigna Group Add +12.2% 0.36% −0.01
MA Mastercard Inc. Class A Add +2.9% 0.20% −0.03
CMCSA Comcast Corp. Class A Add +2.5% 0.35% −0.05
SLB SLB Ltd. Add +5.0% 0.47% −0.08
MRK Merck & Co. Inc. Add +3.1% 1.51% −0.14
AON Aon PLC Class A Add +1.0% 0.86% −0.16
COP Conocophillips Add +3.6% 1.20% −0.17
PEP Pepsico Inc. Add +2.6% 1.97% −0.19
BRK.B Berkshire Hathaway Inc. Class B Add +2.2% 2.72% −0.19
JNJ Johnson & Johnson Add +0.4% 1.92% −0.27
ABBV Abbvie Inc. Add +0.9% 2.70% −0.31
NKE Nike Inc. Class B Add +0.1% 1.40% −0.45
V Visa Inc. Class A Add +1.6% 5.16% −0.56

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 122$919.3MGOOG, GOOGL, MSFT, AAPL, V
Q1 2026 118$855.4MGOOG, GOOGL, MSFT, AAPL, COST
Q4 2025 114$896.1MGOOG, GOOGL, MSFT, AAPL, V
Q3 2025 109$840.4MMSFT, GOOG, GOOGL, ORCL, AAPL
Q2 2025 98$710.6MMSFT, GOOG, GOOGL, V, COST
Q1 2025 103$741.2MMSFT, GOOG, AAPL, V, GOOGL
Q4 2024 107$768.8MMSFT, GOOG, GOOGL, AAPL, COST
Q3 2024 111$769.3MMSFT, GOOG, AAPL, GOOGL, COST
Q2 2024 109$740.0MMSFT, GOOG, GOOGL, AAPL, COST
Q1 2024 109$698.8MMSFT, GOOG, GOOGL, AAPL, COST