Zions Bancorporation, National Association

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 7, 2025), Zions Bancorporation, National Association reported 863 stock positions worth $1.9 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 9.4% of the portfolio, followed by iShares Russell Mid-Cap Valu (IWS, 6.9%) and VG Morningstar TS MKT ETF-US (VTI, 5.8%). Compared with Q1 2025, it opened 21 new positions, sold out of 43, added to 328 and reduced 360. The biggest buy was Vanguard Ftse Emerging Marke (VWO, shares +3104%) and the biggest sale iShares Russell Mid-Cap Valu (IWS, shares −20%).

Most Recent 13F
Q2 2026
Location
SALT LAKE CITY, UT
CIK
0000109380
Portfolio Value
$1.9B (Q2 2025)
SEC Filing
0000109380-25-000100 ↗ filed Aug 7, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2025: $1.6B Q1 2025 Q2 2025: $1.9B $1.9B Q2 2025 Q3 2025: $2.0B Q3 2025 Q4 2025: $2.2B Q4 2025 Q1 2026: $1.6B Q1 2026 Q2 2026: $1.7B Q2 2026

Holdings 863 stocks · $1.9B

IVV iShares Core S&P 500 ETF 9.38% 281,433 $174.7M Add +2.5%
IWS iShares Russell Mid-Cap Valu 6.87% 968,256 $127.9M Reduce -19.6%
VTI VG Morningstar TS MKT ETF-US 5.81% 356,258 $108.3M Add +0.1%
IWP iShares Russell Mid-Cap Grow 3.69% 496,003 $68.8M Reduce -1.6%
IJH iShares Core S&P Midcap ETF 3.30% 990,502 $61.4M Add +111.1%
VWO Vanguard Ftse Emerging Marke 3.00% 1,128,365 $55.8M Add +3104.2%
AGG iShares Core U.S. Aggregate 2.98% 560,320 $55.6M Add +14.1%
NVDA Nvidia Corp. 2.48% 292,734 $46.2M Add +1.9%
IWN iShares Russell 2000 Value E 2.28% 269,486 $42.5M Add +2421.9%
MSFT Microsoft Corp. 2.15% 80,425 $40.0M Add +1.0%
VEU Vanguard Ftse All-World Ex-U 1.98% 548,781 $36.9M Add +685.7%
AMZN Amazon.com Inc. 1.86% 157,636 $34.6M Add +0.6%
META Meta Platforms Inc. Class A 1.59% 40,225 $29.7M Add +0.2%
AAPL Apple Inc. 1.48% 134,578 $27.6M Add +3.6%
V Visa Inc. Class A 0.98% 51,438 $18.3M Add +1.8%
NFLX Netflix Inc. 0.95% 13,186 $17.7M Reduce -4.8%
VIG Vanguard Dividend Apprec ETF 0.84% 76,601 $15.7M Add +9.7%
AVGO Broadcom Inc. 0.69% 46,917 $12.9M Add +45.6%
ABBV Abbvie Inc. 0.66% 66,066 $12.3M Add +7.7%
NGG National Grid PLC-SP ADR 0.65% 162,146 $12.1M Reduce -0.6%
GOOGL Alphabet Inc. Class A 0.63% 66,588 $11.7M Add +11.7%
ENB Enbridge Inc. 0.62% 254,386 $11.5M Reduce -0.6%
TTE Totalenergies SE -Spon ADR 0.61% 183,871 $11.3M Reduce -0.6%
VZ Verizon Communications Inc. 0.61% 260,484 $11.3M Reduce -0.6%
XOM Exxon Mobil Corp. 0.59% 101,412 $10.9M Add +39.6%
VUG Vanguard Mrngstar GR ETF-Sui 0.58% 24,584 $10.8M Add +47.5%
PNC PNC Financial Services Group 0.57% 57,054 $10.6M Add +35.8%
LLY Eli Lilly & Co. 0.56% 13,343 $10.4M Reduce -0.1%
CVX Chevron Corp. 0.56% 72,636 $10.4M Reduce -1.2%
SNY Sanofi-ADR 0.53% 206,022 $10.0M Reduce -0.6%
AMGN Amgen Inc. 0.53% 35,254 $9.8M Add +11.9%
ASML ASML Holding NV-NY Reg SHS 0.50% 11,584 $9.3M Add +7.1%
XEL Xcel Energy Inc. 0.49% 134,848 $9.2M Reduce -0.7%
USB US Bancorp 0.48% 198,811 $9.0M Add +1.1%
INTU Intuit Inc. 0.47% 11,044 $8.7M Add +8.5%
PANW Palo Alto Networks Inc. 0.45% 40,999 $8.4M Add +0.6%
PFE Pfizer Inc. 0.45% 344,625 $8.4M Add +25.3%
JNJ Johnson & Johnson 0.45% 54,536 $8.3M Reduce -1.0%
BTI British American Tob-SP ADR 0.44% 173,309 $8.2M Add +46488.4%
ETN Eaton Corp. PLC 0.44% 22,834 $8.2M Add +4.9%
TSM Taiwan Semiconductor-SP ADR 0.44% 35,894 $8.1M Reduce -29.7%
O Realty Income Corp. 0.43% 138,898 $8.0M Add +11.7%
HYD Vaneck High Yield Muni ETF 0.42% 156,724 $7.9M New
CRM Salesforce Inc. 0.42% 28,756 $7.8M Add +7.5%
DUK Duke Energy Corp. 0.41% 64,366 $7.6M Reduce -0.4%
ISRG Intuitive Surgical Inc. 0.41% 13,923 $7.6M Add +3.6%
TSLA Tesla Inc. 0.40% 23,491 $7.5M Add +5.5%
SYK Stryker Corp. 0.38% 17,967 $7.1M Add +0.6%
MRSH Marsh & McLennan Cos 0.38% 32,463 $7.1M Reduce -0.8%
TFC Truist Financial Corp. 0.38% 163,904 $7.0M Reduce -1.1%
GSK GSK PLC-Spon ADR 0.38% 183,456 $7.0M Add +111763.4%
TRP TC Energy Corp. 0.37% 141,101 $6.9M Reduce -0.7%
PLD Prologis Inc. 0.37% 65,335 $6.9M Reduce -5.8%
HBAN Huntington Bancshares Inc. 0.37% 408,705 $6.8M Reduce -1.2%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.36% 60,782 $6.7M Reduce -0.6%
AEP American Electric Power 0.36% 64,317 $6.7M Add +0.1%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.35% 6,341 $6.6M Add +1.3%
PEP Pepsico Inc. 0.35% 49,852 $6.6M Add +7.5%
FE Firstenergy Corp. 0.35% 162,863 $6.6M Add +123.3%
GILD Gilead Sciences Inc. 0.35% 59,055 $6.5M Reduce -37.0%
ACN Accenture PLC Class A 0.32% 19,860 $5.9M Add +0.6%
FTI Technipfmc PLC 0.31% 169,751 $5.8M Reduce -0.9%
UNH Unitedhealth Group Inc. 0.31% 18,337 $5.7M Reduce -11.6%
UBER Uber Technologies Inc. 0.31% 61,203 $5.7M Add +1.1%
PM Philip Morris International 0.30% 31,177 $5.7M Reduce -54.5%
WMB Williams Cos Inc. 0.30% 89,115 $5.6M Reduce -2.2%
WDAY Workday Inc. Class A 0.30% 23,105 $5.5M Add +7.8%
PYPL PayPal Holdings Inc. 0.29% 73,490 $5.5M Add +1.2%
SNPS Synopsys Inc. 0.29% 10,495 $5.4M Add +17.0%
SPGI S&P Global Inc. 0.29% 10,124 $5.3M Reduce -11.1%
RTX RTX Corp. 0.28% 35,957 $5.3M Reduce -9.1%
EQIX Equinix Inc. 0.28% 6,517 $5.2M Add +0.3%
SHW The Sherwin-Williams Co. 0.28% 15,085 $5.2M Add +1.2%
MNST Monster Beverage Corp. 0.28% 82,674 $5.2M Add +0.8%
LIN Linde PLC 0.26% 10,369 $4.9M Add +1561.7%
CYBR Cyberark Software Ltd./Israel 0.26% 11,918 $4.8M Reduce -9.5%
ZTS Zoetis Inc. 0.26% 30,959 $4.8M Add +2.3%
KVUE Kenvue Inc. 0.26% 228,202 $4.8M Reduce -1.3%
OLLI Ollie's Bargain Outlet Holdi 0.25% 35,926 $4.7M Reduce -0.4%
JPM JPMorgan Chase & Co. 0.25% 16,222 $4.7M Add +1.8%
UNP Union Pacific Corp. 0.25% 20,031 $4.6M Reduce -9.4%
PPL PPL Corp. 0.25% 135,627 $4.6M Reduce -0.8%
NVO Novo-Nordisk A/S-Spons ADR 0.25% 66,429 $4.6M Add +22.1%
ABNB Airbnb Inc. Class A 0.24% 33,418 $4.4M Add +2.5%
MS Morgan Stanley 0.24% 31,364 $4.4M Reduce -0.4%
MMSI Merit Medical Systems Inc. 0.24% 46,976 $4.4M Reduce -0.4%
T AT&T Inc. 0.23% 148,602 $4.3M Reduce -25.8%
DEO Diageo PLC-Sponsored ADR 0.23% 42,516 $4.3M Add +0.9%
ITGR Integer Holdings Corp. 0.23% 34,430 $4.2M Add +3.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.22% 6,719 $4.2M Reduce -0.6%
KMB Kimberly-Clark Corp. 0.22% 32,091 $4.1M Add +5204.3%
ARE Alexandria Real Estate Equit 0.22% 55,580 $4.0M Add +0.4%
TMO Thermo Fisher Scientific Inc. 0.22% 9,913 $4.0M Reduce -15.4%
KO The Coca-Cola Co. 0.21% 56,464 $4.0M Reduce -35.6%
SO The Southern Co. 0.21% 43,065 $4.0M Reduce -27.1%
WWD Woodward Inc. 0.21% 16,006 $3.9M Reduce -12.9%
CASY Casey's General Stores Inc. 0.21% 7,602 $3.9M Reduce -0.5%
WEC WEC Energy Group Inc. 0.20% 35,044 $3.7M Reduce -0.7%
SF Stifel Financial Corp. 0.19% 34,695 $3.6M Add +0.1%
HAE Haemonetics Corp. 0.19% 46,621 $3.5M Add +8.0%

Show all 863 holdings

Portfolio Sells Q1 2025 → Q2 2025

IWS iShares Russell Mid-Cap Valu Reduce -19.6% 6.87% −2.71
BMY Bristol-Myers Squibb Co. Reduce -96.2% 0.02% −0.64
PM Philip Morris International Reduce -54.5% 0.30% −0.38
UNH Unitedhealth Group Inc. Reduce -11.6% 0.31% −0.38
GILD Gilead Sciences Inc. Reduce -37.0% 0.35% −0.31
ETR Entergy Corp. Reduce -98.1% 0.00% −0.30
LYB Lyondellbasell Indu Class A Reduce -41.8% 0.17% −0.24
PAYX Paychex Inc. Reduce -97.5% 0.00% −0.22
CVX Chevron Corp. Reduce -1.2% 0.56% −0.22
TGT Target Corp. Reduce -92.8% 0.01% −0.19
SNY Sanofi-ADR Reduce -0.6% 0.53% −0.19
KO The Coca-Cola Co. Reduce -35.6% 0.21% −0.18
ADBE Adobe Inc. Reduce -90.1% 0.02% −0.17
TMO Thermo Fisher Scientific Inc. Reduce -15.4% 0.22% −0.15
TTE Totalenergies SE -Spon ADR Reduce -0.6% 0.61% −0.15
VZ Verizon Communications Inc. Reduce -0.6% 0.61% −0.14
LLY Eli Lilly & Co. Reduce -0.1% 0.56% −0.14
SO The Southern Co. Reduce -27.1% 0.21% −0.13
JNJ Johnson & Johnson Reduce -1.0% 0.45% −0.13
T AT&T Inc. Reduce -25.8% 0.23% −0.13
MRSH Marsh & McLennan Cos Reduce -0.8% 0.38% −0.12
PLD Prologis Inc. Reduce -5.8% 0.37% −0.12
XEL Xcel Energy Inc. Reduce -0.7% 0.49% −0.11
UL Unilever PLC Reduce -31.0% 0.15% −0.10
TSM Taiwan Semiconductor-SP ADR Reduce -29.7% 0.44% −0.10
ICLR Icon PLC Sold out 0.00% −0.10
ENB Enbridge Inc. Reduce -0.6% 0.62% −0.10
KVUE Kenvue Inc. Reduce -1.3% 0.26% −0.09
DUK Duke Energy Corp. Reduce -0.4% 0.41% −0.09
UNP Union Pacific Corp. Reduce -9.4% 0.25% −0.08
MMSI Merit Medical Systems Inc. Reduce -0.4% 0.24% −0.08
SPGI S&P Global Inc. Reduce -11.1% 0.29% −0.08
AON Aon PLC Class A Reduce -17.0% 0.13% −0.08
RYAAY Ryanair Holdings PLC-SP ADR Reduce -100.0% 0.00% −0.07
EFOR Everforth Inc. Sold out 0.00% −0.07
THRM Gentherm Inc. Sold out 0.00% −0.07
PPL PPL Corp. Reduce -0.8% 0.25% −0.06
APD Air Products & Chemicals Inc. Reduce -63.8% 0.03% −0.06
TTGT Techtarget Inc. Sold out 0.00% −0.06
TRP TC Energy Corp. Reduce -0.7% 0.37% −0.05
MEDP Medpace Holdings Inc. Reduce -21.5% 0.12% −0.05
ONTO Onto Innovation Inc. Reduce -2.8% 0.11% −0.05
TFC Truist Financial Corp. Reduce -1.1% 0.38% −0.05
RELX Relx PLC - Spon ADR Reduce -16.9% 0.16% −0.05
RTX RTX Corp. Reduce -9.1% 0.28% −0.05
EXLS Exlservice Holdings Inc. Reduce -0.6% 0.18% −0.05
WEC WEC Energy Group Inc. Reduce -0.7% 0.20% −0.05
MFG Mizuho Financial Group-ADR Reduce -17.0% 0.11% −0.05
IWP iShares Russell Mid-Cap Grow Reduce -1.6% 3.69% −0.04
WMB Williams Cos Inc. Reduce -2.2% 0.30% −0.04

Portfolio Buys Q1 2025 → Q2 2025

VWO Vanguard Ftse Emerging Marke Add +3104.2% 3.00% +2.90
IWN iShares Russell 2000 Value E Add +2421.9% 2.28% +2.18
VEU Vanguard Ftse All-World Ex-U Add +685.7% 1.98% +1.71
IJH iShares Core S&P Midcap ETF Add +111.1% 3.30% +1.57
NVDA Nvidia Corp. Add +1.9% 2.48% +0.52
BTI British American Tob-SP ADR Add +46488.4% 0.44% +0.44
HYD Vaneck High Yield Muni ETF New 0.42% +0.42
GSK GSK PLC-Spon ADR Add +111763.4% 0.38% +0.38
AVGO Broadcom Inc. Add +45.6% 0.69% +0.35
MSFT Microsoft Corp. Add +1.0% 2.15% +0.26
LIN Linde PLC Add +1561.7% 0.26% +0.24
KMB Kimberly-Clark Corp. Add +5204.3% 0.22% +0.22
VUG Vanguard Mrngstar GR ETF-Sui Add +47.5% 0.58% +0.19
FE Firstenergy Corp. Add +123.3% 0.35% +0.17
META Meta Platforms Inc. Class A Add +0.2% 1.59% +0.13
MUB iShares National Muni Bond E Add +326.9% 0.17% +0.12
IWO iShares Russell 2000 Growth Add +163.6% 0.19% +0.11
BND Vanguard Total Bond Market Add +3179.9% 0.11% +0.11
PNC PNC Financial Services Group Add +35.8% 0.57% +0.11
CAVA Cava Group Inc. New 0.10% +0.10
SAN Banco Santander SA-Spon ADR Add +7603.1% 0.08% +0.08
FOUR SHIFT4 Payments Inc. Class A New 0.08% +0.08
INTU Intuit Inc. Add +8.5% 0.47% +0.07
CSW CSW Industrials Inc. New 0.07% +0.07
ETN Eaton Corp. PLC Add +4.9% 0.44% +0.06
WDC Western Digital Corp. Add +2162.6% 0.06% +0.05
MRVL Marvell Technology Inc. Add +8283.1% 0.05% +0.05
ADMA Adma Biologics Inc. New 0.05% +0.05
GOOGL Alphabet Inc. Class A Add +11.7% 0.63% +0.05
SNPS Synopsys Inc. Add +17.0% 0.29% +0.05
ASML ASML Holding NV-NY Reg SHS Add +7.1% 0.50% +0.05
WIX Wix.com Ltd. Add +76757.1% 0.05% +0.05
XOM Exxon Mobil Corp. Add +39.6% 0.59% +0.04
CARR Carrier Global Corp. Add +553.6% 0.05% +0.04
TSLA Tesla Inc. Add +5.5% 0.40% +0.04
RGA Reinsurance Group of America Add +97.2% 0.09% +0.04
HUBB Hubbell Inc. Add +139.4% 0.05% +0.03
SBUX Starbucks Corp. Add +54.9% 0.15% +0.03
UBER Uber Technologies Inc. Add +1.1% 0.31% +0.03
WMT Walmart Inc. Add +39.4% 0.10% +0.02
CACI Caci International Inc. Class A Add +5.1% 0.17% +0.02
SNOW Snowflake Inc. Add +27971.4% 0.02% +0.02
ALKT Alkami Technology Inc. Add +35.2% 0.09% +0.02
IHG Intercontinental Hotels-ADR Add +101.7% 0.05% +0.02
MRCY Mercury Systems Inc. Add +6.5% 0.17% +0.02
GXO Gxo Logistics Inc. Add +10.4% 0.11% +0.02
VRT Vertiv Holdings Co. Class A New 0.01% +0.01
HLT Hilton Worldwide Holdings Inc. Add +99.8% 0.03% +0.01
HAE Haemonetics Corp. Add +8.0% 0.19% +0.01
STVN Stevanato Group SPA Add +9.2% 0.13% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,629$1.7BIVV, IWS, VTI, IWP, AVUV
Q1 2026 1,529$1.6BIVV, IWS, VTI, AGG, IWP
Q4 2025 1,209$2.2BIVV, IWS, VTI, NVDA, AGG
Q3 2025 843$2.0BIVV, IWS, VTI, NVDA, IWP
Q2 2025 863$1.9BIVV, IWS, VTI, IWP, IJH
Q1 2025 884$1.6BIVV, IWS, VTI, IWP, AGG