Zions Bancorporation, National Association
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 7, 2025), Zions Bancorporation, National Association reported 843 stock positions worth $2.0 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 12.9% of the portfolio, followed by iShares Russell Mid-Cap Valu (IWS, 6.6%) and VG Morningstar TS MKT ETF-US (VTI, 5.3%). Compared with Q2 2025, it opened 19 new positions, sold out of 39, added to 360 and reduced 344. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +39%) and the biggest sale iShares Russell 2000 Value E (IWN, shares −49%).
- Most Recent 13F
- Q2 2026
- Location
- SALT LAKE CITY, UT
- CIK
- 0000109380
- Portfolio Value
- $2.0B (Q3 2025)
- SEC Filing
- 0000109380-25-000130 ↗ filed Nov 7, 2025
Holdings Value
Holdings 843 stocks · $2.0B
| IVV iShares Core S&P 500 ETF | 12.90% | 390,054 | $261.1M | Add +38.6% |
| IWS iShares Russell Mid-Cap Valu | 6.60% | 956,895 | $133.6M | Reduce -1.2% |
| VTI VG Morningstar TS MKT ETF-US | 5.26% | 324,218 | $106.4M | Reduce -9.0% |
| NVDA Nvidia Corp. | 3.46% | 374,846 | $69.9M | Add +28.1% |
| IWP iShares Russell Mid-Cap Grow | 3.35% | 475,310 | $67.7M | Reduce -4.2% |
| IJH iShares Core S&P Midcap ETF | 3.18% | 985,828 | $64.3M | Reduce -0.5% |
| VWO Vanguard Ftse Emerging Marke | 2.99% | 1,114,941 | $60.4M | Reduce -1.2% |
| AGG iShares Core U.S. Aggregate | 2.84% | 573,775 | $57.5M | Add +2.4% |
| AVUV Avantis US Small Cap Value | 2.69% | 546,721 | $54.4M | Add +97354.7% |
| MSFT Microsoft Corp. | 2.60% | 101,635 | $52.6M | Add +26.4% |
| AAPL Apple Inc. | 2.35% | 186,733 | $47.5M | Add +38.8% |
| AMZN Amazon.com Inc. | 1.99% | 183,651 | $40.3M | Add +16.5% |
| VEU Vanguard Ftse All-World Ex-U | 1.94% | 549,543 | $39.2M | Add +0.1% |
| META Meta Platforms Inc. Class A | 1.62% | 44,531 | $32.7M | Add +10.7% |
| IWN iShares Russell 2000 Value E | 1.21% | 138,779 | $24.5M | Reduce -48.5% |
| GOOGL Alphabet Inc. Class A | 0.88% | 73,153 | $17.8M | Add +9.9% |
| V Visa Inc. Class A | 0.86% | 51,242 | $17.5M | Reduce -0.4% |
| NFLX Netflix Inc. | 0.84% | 14,224 | $17.1M | Add +7.9% |
| AVGO Broadcom Inc. | 0.78% | 47,928 | $15.8M | Add +2.1% |
| VIG Vanguard Dividend Apprec ETF | 0.76% | 71,708 | $15.5M | Reduce -6.4% |
| TSLA Tesla Inc. | 0.72% | 32,974 | $14.7M | Add +40.4% |
| ABBV Abbvie Inc. | 0.65% | 56,598 | $13.1M | Reduce -14.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.57% | 11,863 | $11.5M | Add +2.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.56% | 23,624 | $11.3M | Reduce -3.9% |
| JNJ Johnson & Johnson | 0.55% | 59,630 | $11.1M | Add +9.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.51% | 37,201 | $10.4M | Add +3.6% |
| XOM Exxon Mobil Corp. | 0.51% | 91,209 | $10.3M | Reduce -10.1% |
| ENB Enbridge Inc. | 0.50% | 198,767 | $10.0M | Reduce -21.9% |
| PNC PNC Financial Services Group | 0.49% | 48,886 | $9.8M | Reduce -14.3% |
| VZ Verizon Communications Inc. | 0.47% | 218,477 | $9.6M | Reduce -16.1% |
| XEL Xcel Energy Inc. | 0.46% | 115,930 | $9.3M | Reduce -14.0% |
| CVX Chevron Corp. | 0.45% | 59,136 | $9.2M | Reduce -18.6% |
| BTI British American Tob-SP ADR | 0.45% | 172,684 | $9.2M | Reduce -0.4% |
| ETN Eaton Corp. PLC | 0.44% | 23,662 | $8.9M | Add +3.6% |
| ORCL Oracle Corp. | 0.44% | 31,424 | $8.8M | Add +146.0% |
| MUB iShares National Muni Bond E | 0.43% | 82,124 | $8.7M | Add +169.0% |
| PANW Palo Alto Networks Inc. | 0.43% | 42,741 | $8.7M | Add +4.3% |
| PFE Pfizer Inc. | 0.43% | 338,097 | $8.6M | Reduce -1.9% |
| NGG National Grid PLC-SP ADR | 0.42% | 117,806 | $8.6M | Reduce -27.4% |
| USB US Bancorp | 0.42% | 173,877 | $8.4M | Reduce -12.5% |
| TTE Totalenergies SE -Spon ADR | 0.39% | 133,149 | $7.9M | Reduce -27.6% |
| GOOG Alphabet Inc. Class C | 0.39% | 32,073 | $7.8M | Add +143.1% |
| ISRG Intuitive Surgical Inc. | 0.38% | 17,360 | $7.8M | Add +24.7% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.37% | 57,976 | $7.6M | Reduce -4.6% |
| INTU Intuit Inc. | 0.37% | 11,050 | $7.5M | Add +0.1% |
| O Realty Income Corp. | 0.37% | 122,832 | $7.5M | Reduce -11.6% |
| PEP Pepsico Inc. | 0.37% | 53,134 | $7.5M | Add +6.6% |
| PLD Prologis Inc. | 0.36% | 63,904 | $7.3M | Reduce -2.2% |
| TFC Truist Financial Corp. | 0.35% | 156,055 | $7.1M | Reduce -4.8% |
| AMGN Amgen Inc. | 0.35% | 25,166 | $7.1M | Reduce -28.6% |
| UBER Uber Technologies Inc. | 0.34% | 70,184 | $6.9M | Add +14.7% |
| SNY Sanofi-ADR | 0.32% | 136,975 | $6.5M | Reduce -33.5% |
| DUK Duke Energy Corp. | 0.31% | 51,248 | $6.3M | Reduce -20.4% |
| SYK Stryker Corp. | 0.31% | 16,722 | $6.2M | Reduce -6.9% |
| TMO Thermo Fisher Scientific Inc. | 0.30% | 12,639 | $6.1M | Add +27.5% |
| RTX RTX Corp. | 0.30% | 35,954 | $6.0M | Reduce -0.0% |
| FE Firstenergy Corp. | 0.29% | 129,402 | $5.9M | Reduce -20.6% |
| TRP TC Energy Corp. | 0.29% | 108,434 | $5.9M | Reduce -23.1% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.29% | 6,080 | $5.8M | Reduce -4.1% |
| GSK GSK PLC-Spon ADR | 0.28% | 133,064 | $5.7M | Reduce -27.5% |
| AEP American Electric Power | 0.28% | 50,707 | $5.7M | Reduce -21.2% |
| JPM JPMorgan Chase & Co. | 0.28% | 17,708 | $5.6M | Add +9.2% |
| HBAN Huntington Bancshares Inc. | 0.27% | 316,229 | $5.5M | Reduce -22.6% |
| SHW The Sherwin-Williams Co. | 0.27% | 15,604 | $5.4M | Add +3.4% |
| FTI Technipfmc PLC | 0.26% | 132,311 | $5.2M | Reduce -22.1% |
| LIN Linde PLC | 0.26% | 10,980 | $5.2M | Add +5.9% |
| SNPS Synopsys Inc. | 0.25% | 10,089 | $5.0M | Reduce -3.9% |
| PYPL PayPal Holdings Inc. | 0.25% | 73,950 | $5.0M | Add +0.6% |
| MRSH Marsh & McLennan Cos | 0.24% | 24,537 | $4.9M | Reduce -24.4% |
| EQIX Equinix Inc. | 0.24% | 6,260 | $4.9M | Reduce -3.9% |
| WMB Williams Cos Inc. | 0.24% | 76,757 | $4.9M | Reduce -13.9% |
| PM Philip Morris International | 0.24% | 29,945 | $4.9M | Reduce -4.0% |
| AMCR Amcor PLC | 0.24% | 584,628 | $4.8M | Add +78.5% |
| SPGI S&P Global Inc. | 0.23% | 9,604 | $4.7M | Reduce -5.1% |
| CRM Salesforce Inc. | 0.22% | 19,134 | $4.5M | Reduce -33.5% |
| MNST Monster Beverage Corp. | 0.22% | 67,102 | $4.5M | Reduce -18.8% |
| ABNB Airbnb Inc. Class A | 0.22% | 36,882 | $4.5M | Add +10.4% |
| GILD Gilead Sciences Inc. | 0.22% | 40,172 | $4.5M | Reduce -32.0% |
| KMB Kimberly-Clark Corp. | 0.21% | 34,737 | $4.3M | Add +8.3% |
| LLY Eli Lilly & Co. | 0.21% | 5,461 | $4.2M | Reduce -59.1% |
| PPL PPL Corp. | 0.20% | 110,664 | $4.1M | Reduce -18.4% |
| ARE Alexandria Real Estate Equit | 0.20% | 48,856 | $4.1M | Reduce -12.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.20% | 6,094 | $4.1M | Reduce -9.3% |
| OLLI Ollie's Bargain Outlet Holdi | 0.20% | 31,312 | $4.0M | Reduce -12.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.20% | 7,940 | $4.0M | Add +82.7% |
| MRCY Mercury Systems Inc. | 0.19% | 50,696 | $3.9M | Reduce -13.0% |
| VRTX Vertex Pharmaceuticals Inc. | 0.19% | 9,638 | $3.8M | Add +5081.7% |
| HD Home Depot Inc. | 0.18% | 8,952 | $3.6M | Add +9.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.18% | 25,027 | $3.6M | Add +4.2% |
| WWD Woodward Inc. | 0.17% | 13,891 | $3.5M | Reduce -13.2% |
| CASY Casey's General Stores Inc. | 0.17% | 6,156 | $3.5M | Reduce -19.0% |
| WEC WEC Energy Group Inc. | 0.17% | 30,212 | $3.5M | Reduce -13.8% |
| IWF iShares Russell 1000 Growth | 0.17% | 7,373 | $3.5M | Reduce -2.8% |
| SF Stifel Financial Corp. | 0.17% | 30,198 | $3.4M | Reduce -13.0% |
| SBUX Starbucks Corp. | 0.17% | 40,420 | $3.4M | Add +31.8% |
| PFGC Performance Food Group Co. | 0.17% | 32,847 | $3.4M | Reduce -13.1% |
| MMSI Merit Medical Systems Inc. | 0.17% | 40,828 | $3.4M | Reduce -13.1% |
| COST Costco Wholesale Corp. | 0.16% | 3,508 | $3.2M | Add +97.3% |
| KO The Coca-Cola Co. | 0.16% | 47,419 | $3.1M | Reduce -16.0% |
| MEDP Medpace Holdings Inc. | 0.15% | 6,075 | $3.1M | Reduce -12.9% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $468 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | 6,000 | $468 | No change |
Total filed on the 13F, all lines: $2.0B.
Portfolio Sells Q2 2025 → Q3 2025
| IWN iShares Russell 2000 Value E | Reduce -48.5% | 1.21% | −1.07 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -9.0% | 5.26% | −0.56 |
| LLY Eli Lilly & Co. | Reduce -59.1% | 0.21% | −0.35 |
| IWP iShares Russell Mid-Cap Grow | Reduce -4.2% | 3.35% | −0.35 |
| HYD Vaneck High Yield Muni ETF | Reduce -64.0% | 0.14% | −0.28 |
| WDAY Workday Inc. Class A | Reduce -93.5% | 0.02% | −0.28 |
| ACN Accenture PLC Class A | Reduce -82.9% | 0.04% | −0.28 |
| IWS iShares Russell Mid-Cap Valu | Reduce -1.2% | 6.60% | −0.27 |
| CYBR Cyberark Software Ltd./Israel | Reduce -98.3% | 0.00% | −0.26 |
| ZTS Zoetis Inc. | Reduce -97.8% | 0.01% | −0.25 |
| KVUE Kenvue Inc. | Reduce -97.8% | 0.00% | −0.25 |
| UNH Unitedhealth Group Inc. | Reduce -76.0% | 0.08% | −0.23 |
| NGG National Grid PLC-SP ADR | Reduce -27.4% | 0.42% | −0.22 |
| UNP Union Pacific Corp. | Reduce -90.2% | 0.02% | −0.22 |
| SNY Sanofi-ADR | Reduce -33.5% | 0.32% | −0.21 |
| TTE Totalenergies SE -Spon ADR | Reduce -27.6% | 0.39% | −0.21 |
| T AT&T Inc. | Reduce -87.2% | 0.03% | −0.20 |
| CRM Salesforce Inc. | Reduce -33.5% | 0.22% | −0.20 |
| AMGN Amgen Inc. | Reduce -28.6% | 0.35% | −0.18 |
| CM Can Imperial BK of Commerce | Reduce -99.7% | 0.00% | −0.18 |
| UPS United Parcel Service Class B | Reduce -99.5% | 0.00% | −0.17 |
| LYB Lyondellbasell Indu Class A | Reduce -99.9% | 0.00% | −0.17 |
| MS Morgan Stanley | Reduce -68.6% | 0.08% | −0.16 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -45.7% | 0.10% | −0.15 |
| MRSH Marsh & McLennan Cos | Reduce -24.4% | 0.24% | −0.14 |
| GILD Gilead Sciences Inc. | Reduce -32.0% | 0.22% | −0.13 |
| VZ Verizon Communications Inc. | Reduce -16.1% | 0.47% | −0.13 |
| ENB Enbridge Inc. | Reduce -21.9% | 0.50% | −0.12 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.5% | 3.18% | −0.12 |
| V Visa Inc. Class A | Reduce -0.4% | 0.86% | −0.12 |
| SAP Sap SE-Sponsored ADR | Reduce -98.3% | 0.00% | −0.11 |
| CVX Chevron Corp. | Reduce -18.6% | 0.45% | −0.10 |
| SO The Southern Co. | Reduce -45.4% | 0.11% | −0.10 |
| HBAN Huntington Bancshares Inc. | Reduce -22.6% | 0.27% | −0.10 |
| DEO Diageo PLC-Sponsored ADR | Reduce -33.5% | 0.13% | −0.10 |
| DUK Duke Energy Corp. | Reduce -20.4% | 0.31% | −0.09 |
| GSK GSK PLC-Spon ADR | Reduce -27.5% | 0.28% | −0.09 |
| INFA Informatica Inc. Class A | Sold out | 0.00% | −0.09 |
| CTAS Cintas Corp. | Reduce -47.4% | 0.07% | −0.09 |
| HAE Haemonetics Corp. | Reduce -13.0% | 0.10% | −0.09 |
| PNC PNC Financial Services Group | Reduce -14.3% | 0.49% | −0.09 |
| XOM Exxon Mobil Corp. | Reduce -10.1% | 0.51% | −0.08 |
| TRP TC Energy Corp. | Reduce -23.1% | 0.29% | −0.08 |
| VIG Vanguard Dividend Apprec ETF | Reduce -6.4% | 0.76% | −0.08 |
| AEP American Electric Power | Reduce -21.2% | 0.28% | −0.08 |
| SYK Stryker Corp. | Reduce -6.9% | 0.31% | −0.08 |
| BR Broadridge Financial Solutio | Reduce -41.4% | 0.09% | −0.08 |
| IWO iShares Russell 2000 Growth | Reduce -42.2% | 0.11% | −0.08 |
| ITGR Integer Holdings Corp. | Reduce -12.9% | 0.15% | −0.07 |
| CSL Carlisle Cos Inc. | Reduce -76.7% | 0.02% | −0.07 |
Portfolio Buys Q2 2025 → Q3 2025
| IVV iShares Core S&P 500 ETF | Add +38.6% | 12.90% | +3.52 |
| AVUV Avantis US Small Cap Value | Add +97354.7% | 2.69% | +2.69 |
| NVDA Nvidia Corp. | Add +28.1% | 3.46% | +0.97 |
| AAPL Apple Inc. | Add +38.8% | 2.35% | +0.87 |
| MSFT Microsoft Corp. | Add +26.4% | 2.60% | +0.45 |
| TSLA Tesla Inc. | Add +40.4% | 0.72% | +0.32 |
| ORCL Oracle Corp. | Add +146.0% | 0.44% | +0.29 |
| MUB iShares National Muni Bond E | Add +169.0% | 0.43% | +0.26 |
| GOOG Alphabet Inc. Class C | Add +143.1% | 0.39% | +0.26 |
| GOOGL Alphabet Inc. Class A | Add +9.9% | 0.88% | +0.25 |
| VRTX Vertex Pharmaceuticals Inc. | Add +5081.7% | 0.19% | +0.18 |
| AMZN Amazon.com Inc. | Add +16.5% | 1.99% | +0.14 |
| JNJ Johnson & Johnson | Add +9.3% | 0.55% | +0.10 |
| PLTR Palantir Technologies Inc. Class A | Add +208.5% | 0.12% | +0.09 |
| TMO Thermo Fisher Scientific Inc. | Add +27.5% | 0.30% | +0.09 |
| AVGO Broadcom Inc. | Add +2.1% | 0.78% | +0.09 |
| MRVL Marvell Technology Inc. | Add +159.0% | 0.14% | +0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +82.7% | 0.20% | +0.08 |
| TSM Taiwan Semiconductor-SP ADR | Add +3.6% | 0.51% | +0.08 |
| AMCR Amcor PLC | Add +78.5% | 0.24% | +0.07 |
| ASML ASML Holding NV-NY Reg SHS | Add +2.4% | 0.57% | +0.07 |
| DDOG Datadog Inc. Class A | Add +193700.0% | 0.07% | +0.07 |
| COST Costco Wholesale Corp. | Add +97.3% | 0.16% | +0.07 |
| HWKN Hawkins Inc. | New | 0.07% | +0.07 |
| DY Dycom Industries Inc. | New | 0.06% | +0.06 |
| OSIS Osi Systems Inc. | New | 0.06% | +0.06 |
| ESAB Esab Corp. | New | 0.06% | +0.06 |
| AMD Advanced Micro Devices | Add +225.4% | 0.08% | +0.06 |
| CLBT Cellebrite Di Ltd. | New | 0.06% | +0.06 |
| NOW ServiceNow Inc. | Add +179.3% | 0.10% | +0.06 |
| APP AppLovin Corp. Class A | New | 0.05% | +0.05 |
| MDT Medtronic PLC | Add +691.7% | 0.05% | +0.05 |
| MA Mastercard Inc. Class A | Add +59.3% | 0.14% | +0.05 |
| ADBE Adobe Inc. | Add +350.0% | 0.06% | +0.04 |
| CMG Chipotle Mexican Grill Inc. | Add +295.0% | 0.07% | +0.04 |
| SAN Banco Santander SA-Spon ADR | Add +29.1% | 0.13% | +0.04 |
| GE General Electric | Add +100.0% | 0.08% | +0.04 |
| BA The Boeing Co. | Add +96.2% | 0.09% | +0.04 |
| FISV Fiserv Inc. | Add +521.5% | 0.05% | +0.04 |
| HOOD Robinhood Markets Inc. Class A | New | 0.04% | +0.04 |
| IR Ingersoll-Rand Inc. | Add +652.0% | 0.04% | +0.03 |
| UBER Uber Technologies Inc. | Add +14.7% | 0.34% | +0.03 |
| IT Gartner Inc. | Add +1104.6% | 0.04% | +0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +419.8% | 0.04% | +0.03 |
| AMAT Applied Materials Inc. | Add +84.7% | 0.06% | +0.03 |
| CDNS Cadence Design SYS Inc. | Add +345.8% | 0.04% | +0.03 |
| ALGN Align Technology Inc. | Add +3620.6% | 0.03% | +0.03 |
| GEV GE Vernova Inc. | Add +184.1% | 0.04% | +0.03 |
| COIN Coinbase Global Inc. Class A | Add +866.8% | 0.03% | +0.03 |
| TTD Trade Desk Inc./the Class A | Add +16261.8% | 0.03% | +0.03 |