Wilmington Savings Fund Society, FSB

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Wilmington Savings Fund Society, FSB reported 1,366 stock positions worth $4.3 billion. Its top holding was Vanguard Ftse Developed ETF (VEA) at 6.1% of the portfolio, followed by Comcast Class A (CMCSA, 5.6%) and Apple (AAPL, 4.9%). Compared with Q3 2025, it opened 87 new positions, sold out of 92, added to 258 and reduced 415. The biggest buy was Alphabet Class C (GOOG, shares +8%) and the biggest sale Comcast Class A (CMCSA, shares −2%).

Most Recent 13F
Q2 2026
Location
WILMINGTON, DE
CIK
0000900974
Portfolio Value
$4.3B (Q4 2025)
SEC Filing
0000900974-26-000001 ↗ filed Feb 12, 2026

Holdings Value

0$2.0B$4.0B$6.0B Q1 2024: $2.6B Q1 2024 Q2 2024: $2.6B Q2 2024 Q3 2024: $5.6B Q3 2024 Q4 2024: $5.6B Q4 2024 Q1 2025: $5.3B Q1 2025 Q2 2025: $5.6B Q2 2025 Q3 2025: $4.1B Q3 2025 Q4 2025: $4.3B $4.3B Q4 2025 Q1 2026: $4.2B Q1 2026 Q2 2026: $4.5B Q2 2026

Holdings 1,366 stocks · $4.3B

VEA Vanguard Ftse Developed ETF 6.08% 4,142,828 $258.8M Add +2.0%
CMCSA Comcast Corp. Class A 5.62% 8,004,435 $239.3M Reduce -2.3%
AAPL Apple Inc. 4.94% 773,797 $210.4M Reduce -1.5%
MSFT Microsoft Corp. 3.22% 283,967 $137.3M Reduce -1.6%
IVV iShares Core S&P 500 ETF 2.44% 151,624 $103.9M Add +9.8%
IWY iShares Russell Top 200 Grow 2.44% 374,599 $103.7M Reduce -0.2%
GOOG Alphabet Inc. Class C 1.96% 266,099 $83.5M Add +8.3%
JPM JPMorgan Chase & Co. 1.93% 255,483 $82.3M Reduce -0.9%
VTI VG Morningstar TS MKT ETF-US 1.87% 237,884 $79.8M Reduce -1.6%
QUAL iShares MSCI USA Quality Fac 1.82% 390,162 $77.5M Add +1.2%
JNJ Johnson & Johnson 1.75% 360,305 $74.6M Reduce -1.2%
SCZ iShares MSCI Eafe Small-Cap 1.60% 876,396 $67.9M Add +12.7%
BRK.A Berkshire Hathaway Inc. Class A 1.31% 74 $55.9M No change
SPY SS SPDR S&P 500 ETF Trust-US 1.25% 78,148 $53.3M Add +1.4%
IWF iShares Russell 1000 Growth 1.20% 108,059 $51.1M Add +52.6%
EFA iShares MSCI Eafe ETF 1.20% 531,448 $51.0M Add +12.4%
PG The Procter & Gamble Co. 1.14% 339,617 $48.7M Add +7.9%
IWX iShares Russell Top 200 Valu 1.09% 505,899 $46.5M Add +3.8%
EEM iShares MSCI Emerging Market 1.03% 799,012 $43.7M Add +3.8%
SCHX Schwab US Large-Cap ETF 0.97% 1,537,906 $41.4M Add +1.8%
IJJ iShares S&P Mid-Cap 400 Valu 0.91% 296,166 $39.0M Reduce -4.1%
IJK iShares S&P Mid-Cap 400 Grow 0.91% 399,976 $38.7M Reduce -8.8%
GOOGL Alphabet Inc. Class A 0.87% 118,268 $37.0M Add +2.1%
XOM Exxon Mobil Corp. 0.85% 300,491 $36.2M Reduce -0.6%
AMZN Amazon.com Inc. 0.82% 151,839 $35.0M Reduce -1.1%
CSCO Cisco Systems Inc. 0.81% 447,393 $34.5M Reduce -0.9%
ABT Abbott Laboratories 0.79% 267,294 $33.5M Reduce -1.8%
IWR iShares Russell Mid-Cap ETF 0.79% 347,503 $33.5M Add +3.3%
IVW iShares S&P 500 Growth ETF 0.76% 263,650 $32.5M Add +1.3%
QQQ Invesco QQQ Trust Series 1 0.76% 52,705 $32.4M Reduce -0.9%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.76% 115,759 $32.3M Reduce -2.3%
IWB iShares Russell 1000 ETF 0.75% 85,671 $32.0M Add +0.0%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.74% 177,651 $31.5M Add +6.3%
LLY Eli Lilly & Co. 0.73% 29,125 $31.3M Add +4.4%
MA Mastercard Inc. Class A 0.70% 52,441 $29.9M Reduce -2.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.67% 186,684 $28.7M Reduce -1.3%
COWZ Pacer US Cash Cows 100 ETF 0.66% 467,636 $28.1M Reduce -14.4%
BRK.B Berkshire Hathaway Inc. Class B 0.65% 54,916 $27.6M Add +1.3%
GLW Corning Inc. 0.63% 304,072 $26.6M Reduce -1.6%
ADI Analog Devices Inc. 0.59% 92,833 $25.2M Reduce -0.7%
DOCS Doximity Inc. Class A 0.59% 566,500 $25.1M No change
MRK Merck & Co. Inc. 0.58% 236,691 $24.9M Reduce -1.4%
V Visa Inc. Class A 0.58% 70,561 $24.7M Reduce -2.1%
TMO Thermo Fisher Scientific Inc. 0.58% 42,568 $24.7M Reduce -2.4%
IWD iShares Russell 1000 Value E 0.57% 115,640 $24.3M Add +116.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.57% 81,533 $24.2M Reduce -1.1%
PEP Pepsico Inc. 0.56% 166,120 $23.8M Reduce -1.3%
IJH iShares Core S&P Midcap ETF 0.56% 360,552 $23.8M Reduce -1.9%
GWX State Street SPDR S&P Intern 0.53% 557,131 $22.8M Add +5.6%
META Meta Platforms Inc. Class A 0.52% 33,830 $22.3M Add +255.9%
IWM iShares Russell 2000 ETF 0.49% 84,161 $20.7M Reduce -2.2%
VWO Vanguard Ftse Emerging Marke 0.46% 364,936 $19.6M Reduce -2.1%
NVDA Nvidia Corp. 0.46% 104,169 $19.4M Add +2.3%
MCD McDonald's Corp. 0.43% 60,480 $18.5M Reduce -0.9%
JCI Johnson Controls Internation 0.43% 154,092 $18.5M Reduce -15.2%
CVX Chevron Corp. 0.41% 114,091 $17.4M Reduce -2.3%
INTU Intuit Inc. 0.40% 25,774 $17.1M Reduce -4.5%
ORCL Oracle Corp. 0.40% 87,132 $17.0M Reduce -2.0%
HON Honeywell International Inc. 0.40% 87,004 $17.0M Reduce -0.9%
HD Home Depot Inc. 0.39% 48,074 $16.5M Add +1.0%
AMGN Amgen Inc. 0.38% 49,863 $16.3M Reduce -3.3%
HSY The Hershey Co. 0.37% 85,483 $15.6M Reduce -21.5%
CWI State Street SPDR MSCI Acwi 0.36% 431,430 $15.5M Add +0.2%
GFF Griffon Corp. 0.35% 202,785 $14.9M Add +44.9%
AFL Aflac Inc. 0.35% 134,183 $14.8M Reduce -2.9%
AGG iShares Core U.S. Aggregate 0.35% 148,079 $14.8M Add +15.6%
RTX RTX Corp. 0.35% 80,421 $14.7M Reduce -0.0%
LOW Lowe's Cos Inc. 0.34% 60,892 $14.7M Reduce -2.2%
BDX Becton Dickinson and Co. 0.34% 73,636 $14.3M Reduce -5.6%
CME Cme Group Inc. 0.33% 51,503 $14.1M Add +3.6%
SYY Sysco Corp. 0.32% 186,962 $13.8M Reduce -3.5%
VOO Vanguard S&P 500 ETF 0.32% 21,863 $13.7M Add +0.1%
KLAC KLA Corp. 0.32% 11,171 $13.6M Reduce -4.0%
IVE iShares S&P 500 Value ETF 0.32% 63,520 $13.5M Reduce -0.0%
SYK Stryker Corp. 0.31% 37,223 $13.1M Reduce -1.5%
VGT Vanguard Info Tech ETF 0.30% 17,153 $12.9M Reduce -16.5%
TFC Truist Financial Corp. 0.30% 261,346 $12.9M Reduce -9.6%
NSC Norfolk Southern Corp. 0.30% 44,242 $12.8M Reduce -2.1%
VZ Verizon Communications Inc. 0.30% 308,999 $12.6M Reduce -18.0%
IJR iShares Core S&P Small-Cap E 0.28% 100,669 $12.1M Add +0.4%
CACI Caci International Inc. Class A 0.28% 22,691 $12.1M Reduce -2.1%
ABBV Abbvie Inc. 0.28% 52,160 $11.9M Add +0.8%
CBOE Cboe Global Markets Inc. 0.27% 46,356 $11.6M Reduce -0.9%
SXI Standex International Corp. 0.27% 52,209 $11.3M Reduce -1.8%
XLE SS Energy Select Sector 0.24% 232,460 $10.4M Reduce -0.2%
KO The Coca-Cola Co. 0.23% 141,013 $9.9M Reduce -2.7%
MMM 3M Co. 0.23% 60,129 $9.6M Add +2.7%
DGRW Wisdomtree U.S. Quality Divi 0.22% 104,992 $9.4M Add +5.8%
RJF Raymond James Financial Inc. 0.22% 57,089 $9.2M Reduce -1.1%
UNP Union Pacific Corp. 0.21% 38,149 $8.8M Reduce -0.2%
DRI Darden Restaurants Inc. 0.21% 47,868 $8.8M Reduce -0.7%
AWK American Water Works Co. Inc. 0.21% 67,261 $8.8M Add +28.2%
CAT Caterpillar Inc. 0.21% 15,282 $8.8M Add +6.9%
GE General Electric filed as GE AEROSPACE 0.20% 28,253 $8.7M Add +2.7%
STE Steris PLC 0.20% 34,000 $8.6M Reduce -1.6%
NEE Nextera Energy Inc. 0.20% 106,454 $8.5M Reduce -1.0%
DE Deere & Co. 0.20% 18,234 $8.5M Reduce -0.0%
IWV iShares Russell 3000 ETF 0.20% 21,505 $8.3M Add +0.9%
FNDX Schwab Fndmntl US LRG Co. ETF 0.20% 305,230 $8.3M Add +1.9%
QCOM Qualcomm Inc. 0.19% 48,252 $8.3M Add +3.5%

Show all 1,366 holdings

Other holdings (7): bonds, preferreds, convertibles and warrants · $2.0M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 1,494$1.8MNo change
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 116$145KAdd +75.8%
OPENW Opendoor Technologies Inc.-26 *W EXP 11/20/202 4,469$4KAdd +0.1%
OPENL Opendoor Technologies Inc.-26 *W EXP 11/20/202 4,469$2KNew
OPENZ Opendoor Technologies Inc.-26 *W EXP 11/20/202 4,469$2KNew
FLAGSTAR BANK NA (FLG 6 11/01/51) UNIT 05/07/2051 29$1KNo change
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 27$526Reduce -10.0%

Total filed on the 13F, all lines: $4.3B.

Portfolio Sells Q3 2025 → Q4 2025

CMCSA Comcast Corp. Class A Reduce -2.3% 5.62% −0.59
MSFT Microsoft Corp. Reduce -1.6% 3.22% −0.38
ORCL Oracle Corp. Reduce -2.0% 0.40% −0.20
DD Dupont DE Nemours Inc. Reduce -43.7% 0.06% −0.14
HSY The Hershey Co. Reduce -21.5% 0.37% −0.13
IJK iShares S&P Mid-Cap 400 Grow Reduce -8.8% 0.91% −0.10
VZ Verizon Communications Inc. Reduce -18.0% 0.30% −0.10
COWZ Pacer US Cash Cows 100 ETF Reduce -14.4% 0.66% −0.10
ABT Abbott Laboratories Reduce -1.8% 0.79% −0.09
VOT Vngrd Mrngstr MC GRW ETF-Usd Reduce -2.3% 0.76% −0.08
AVGO Broadcom Inc. Reduce -37.0% 0.13% −0.07
VGT Vanguard Info Tech ETF Reduce -16.5% 0.30% −0.07
DIS The Walt Disney Co. Reduce -38.2% 0.10% −0.06
SYY Sysco Corp. Reduce -3.5% 0.32% −0.06
GPC Genuine Parts Co. Reduce -56.5% 0.04% −0.06
IJJ iShares S&P Mid-Cap 400 Valu Reduce -4.1% 0.91% −0.05
JCI Johnson Controls Internation Reduce -15.2% 0.43% −0.05
HON Honeywell International Inc. Reduce -0.9% 0.40% −0.05
MDLZ Mondelez International Inc. Class A Reduce -9.1% 0.14% −0.04
INTU Intuit Inc. Reduce -4.5% 0.40% −0.04
MTB M & T Bank Corp. Reduce -53.2% 0.04% −0.04
VTI VG Morningstar TS MKT ETF-US Reduce -1.6% 1.87% −0.04
MUSA Murphy USA Inc. Reduce -64.2% 0.02% −0.04
IWY iShares Russell Top 200 Grow Reduce -0.2% 2.44% −0.04
MRVL Marvell Technology Inc. Reduce -42.8% 0.05% −0.04
ADP Automatic Data Processing Reduce -4.5% 0.15% −0.03
PTC PTC Inc. Reduce -9.3% 0.11% −0.03
LOW Lowe's Cos Inc. Reduce -2.2% 0.34% −0.03
MA Mastercard Inc. Class A Reduce -2.0% 0.70% −0.03
SYK Stryker Corp. Reduce -1.5% 0.31% −0.03
CVX Chevron Corp. Reduce -2.3% 0.41% −0.03
JPM JPMorgan Chase & Co. Reduce -0.9% 1.93% −0.03
ABM Abm Industries Inc. Reduce -11.6% 0.10% −0.03
NSC Norfolk Southern Corp. Reduce -2.1% 0.30% −0.03
CSL Carlisle Cos Inc. Reduce -48.8% 0.03% −0.03
NKE Nike Inc. Class B Reduce -4.7% 0.15% −0.03
VWO Vanguard Ftse Emerging Marke Reduce -2.1% 0.46% −0.03
ZTS Zoetis Inc. Reduce -19.7% 0.05% −0.03
RJF Raymond James Financial Inc. Reduce -1.1% 0.22% −0.03
AFL Aflac Inc. Reduce -2.9% 0.35% −0.02
PAYX Paychex Inc. Reduce -1.8% 0.13% −0.02
T AT&T Inc. Reduce -2.0% 0.12% −0.02
APD Air Products & Chemicals Inc. Reduce -9.1% 0.09% −0.02
BLK BlackRock Inc. Reduce -1.7% 0.15% −0.02
EOG EOG Resources Inc. Reduce -4.8% 0.13% −0.02
IJH iShares Core S&P Midcap ETF Reduce -1.9% 0.56% −0.02
LH Labcorp Holdings Inc. Reduce -1.1% 0.10% −0.02
MMS Maximus Inc. Reduce -7.9% 0.11% −0.02
GPN Global Payments Inc. Reduce -20.7% 0.05% −0.02
KHC The Kraft Heinz Co. Reduce -36.1% 0.03% −0.02

Portfolio Buys Q3 2025 → Q4 2025

GOOG Alphabet Inc. Class C Add +8.3% 1.96% +0.52
IWF iShares Russell 1000 Growth Add +52.6% 1.20% +0.40
META Meta Platforms Inc. Class A Add +255.9% 0.52% +0.36
IWD iShares Russell 1000 Value E Add +116.6% 0.57% +0.31
LLY Eli Lilly & Co. Add +4.4% 0.73% +0.22
IVV iShares Core S&P 500 ETF Add +9.8% 2.44% +0.21
VEA Vanguard Ftse Developed ETF Add +2.0% 6.08% +0.20
GOOGL Alphabet Inc. Class A Add +2.1% 0.87% +0.19
SCZ iShares MSCI Eafe Small-Cap Add +12.7% 1.60% +0.16
EFA iShares MSCI Eafe ETF Add +12.4% 1.20% +0.13
GFF Griffon Corp. Add +44.9% 0.35% +0.09
IWX iShares Russell Top 200 Valu Add +3.8% 1.09% +0.06
PANW Palo Alto Networks Inc. Add +359.2% 0.07% +0.06
IEFA iShares Core MSCI Eafe ETF Add +99.2% 0.11% +0.06
KEYS Keysight Technologies Inc. Add +2038.6% 0.06% +0.05
OTIS Otis Worldwide Corp. Add +239.7% 0.07% +0.05
CAT Caterpillar Inc. Add +6.9% 0.21% +0.04
AGG iShares Core U.S. Aggregate Add +15.6% 0.35% +0.04
VOE Vngrd Mrngstr MD-Cap Val ETF Add +6.3% 0.74% +0.04
EEM iShares MSCI Emerging Market Add +3.8% 1.03% +0.04
DG Dollar General Corp. Add +7.3% 0.12% +0.03
AWK American Water Works Co. Inc. Add +28.2% 0.21% +0.03
RBRK Rubrik Inc. Class A Add +2507.5% 0.03% +0.03
VYM Vanguard High DVD Yield ETF Add +23.7% 0.14% +0.03
NULV Nuveen ESG Large-Cap Val ETF Add +26.6% 0.11% +0.02
FIGR Figure Technology Solut Class A New 0.02% +0.02
DLTR Dollar Tree Inc. Add +1.8% 0.10% +0.02
GWX State Street SPDR S&P Intern Add +5.6% 0.53% +0.02
ABNB Airbnb Inc. Class A Add +180.2% 0.03% +0.02
DHR Danaher Corp. Add +0.9% 0.18% +0.02
AZN Astrazeneca PLC-Spons ADR Add +0.3% 0.14% +0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +48.3% 0.07% +0.02
GLD SPDR Gold Shares Add +4.4% 0.15% +0.02
MUB iShares National Muni Bond E Add +658.8% 0.02% +0.02
CMS CMS Energy Corp. Add +210.1% 0.02% +0.02
WTRG Essential Utilities Inc. Add +47.6% 0.06% +0.02
SPDW Ste STR SPDR PT DW Eu ETF Add +14979.0% 0.02% +0.02
RBLX Roblox Corp. Class A Add +2252.8% 0.02% +0.02
CB Chubb Ltd. Add +6.4% 0.11% +0.01
IEMG iShares Core MSCI Emerging Add +51.3% 0.04% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +1.4% 1.25% +0.01
AMRZ Amrize Ltd. Add +0.1% 0.16% +0.01
SCHX Schwab US Large-Cap ETF Add +1.8% 0.97% +0.01
TSLA Tesla Inc. Add +26.4% 0.06% +0.01
P Everpure Inc. Class A Add +492.1% 0.02% +0.01
SPTL SS SPDR PF LNG TRM TSY E-Usd New 0.01% +0.01
QUAL iShares MSCI USA Quality Fac Add +1.2% 1.82% +0.01
XLP SS Consumer Staples Sel Sect Add +65.3% 0.03% +0.01
WDAY Workday Inc. Class A Add +236.8% 0.02% +0.01
AXP American Express Co. Add +1.0% 0.12% +0.01

Notes & Other Activity Q3 2025 → Q4 2025

BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Add +75.8% 116 $145K
OPENW Opendoor Technologies Inc.-26 *W EXP 11/20/202 Add +0.1% 4,469 $4K
OPENL Opendoor Technologies Inc.-26 *W EXP 11/20/202 New 4,469 $2K
OPENZ Opendoor Technologies Inc.-26 *W EXP 11/20/202 New 4,469 $2K
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 Reduce -10.0% 27 $526
COHEN & STEERS INFRASTRU RIGHT 10/16/2025 Sold out 1,089 $85before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,479$4.5BVEA, AAPL, CMCSA, IVV, IWY
Q1 2026 1,414$4.2BVEA, CMCSA, AAPL, MSFT, IVV
Q4 2025 1,366$4.3BVEA, CMCSA, AAPL, MSFT, IVV
Q3 2025Amended 1,368$4.1BCMCSA, VEA, AAPL, MSFT, IWY
Q2 2025 2,042$5.6BISRG, CMCSA, VEA, MSFT, AAPL
Q1 2025 2,060$5.3BCMCSA, ISRG, AAPL, VEA, MSFT
Q4 2024 2,081$5.6BCMCSA, ISRG, AAPL, VEA, MSFT
Q3 2024 2,059$5.6BCMCSA, ISRG, AAPL, VEA, MSFT
Q2 2024 362$2.6BVEA, AAPL, MSFT, IWY, QUAL
Q1 2024 362$2.6BVEA, AAPL, MSFT, IWY, VTI