Zions Bancorporation, National Association
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), Zions Bancorporation, National Association reported 1,209 stock positions worth $2.2 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 15.1% of the portfolio, followed by iShares Russell Mid-Cap Valu (IWS, 6.2%) and VG Morningstar TS MKT ETF-US (VTI, 5.0%). Compared with Q3 2025, it opened 384 new positions, sold out of 21, added to 467 and reduced 222. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +22%) and the biggest sale iShares Russell Mid-Cap Valu (IWS, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- SALT LAKE CITY, UT
- CIK
- 0000109380
- Portfolio Value
- $2.2B (Q4 2025)
- SEC Filing
- 0000109380-26-000018 ↗ filed Feb 11, 2026
Holdings Value
Holdings 1,209 stocks · $2.2B
| IVV iShares Core S&P 500 ETF | 15.05% | 475,585 | $325.7M | Add +21.9% |
| IWS iShares Russell Mid-Cap Valu | 6.18% | 948,572 | $133.8M | Reduce -0.9% |
| VTI VG Morningstar TS MKT ETF-US | 4.96% | 320,146 | $107.3M | Reduce -1.3% |
| NVDA Nvidia Corp. | 3.33% | 386,359 | $72.1M | Add +3.1% |
| AGG iShares Core U.S. Aggregate | 3.32% | 720,101 | $71.9M | Add +25.5% |
| IWP iShares Russell Mid-Cap Grow | 3.17% | 501,435 | $68.7M | Add +5.5% |
| IJH iShares Core S&P Midcap ETF | 3.03% | 992,676 | $65.5M | Add +0.7% |
| VWO Vanguard Ftse Emerging Marke | 2.77% | 1,115,148 | $60.0M | Add +0.0% |
| AVUV Avantis US Small Cap Value | 2.57% | 545,726 | $55.7M | Reduce -0.2% |
| MSFT Microsoft Corp. | 2.39% | 106,838 | $51.7M | Add +5.1% |
| AAPL Apple Inc. | 2.36% | 187,617 | $51.0M | Add +0.5% |
| AMZN Amazon.com Inc. | 1.95% | 183,177 | $42.3M | Reduce -0.3% |
| VEU Vanguard Ftse All-World Ex-U | 1.86% | 547,144 | $40.2M | Reduce -0.4% |
| META Meta Platforms Inc. Class A | 1.36% | 44,500 | $29.4M | Reduce -0.1% |
| IWN iShares Russell 2000 Value E | 1.16% | 138,541 | $25.1M | Reduce -0.2% |
| GOOGL Alphabet Inc. Class A | 1.00% | 69,460 | $21.7M | Reduce -5.0% |
| AVGO Broadcom Inc. | 0.87% | 54,457 | $18.8M | Add +13.6% |
| V Visa Inc. Class A | 0.79% | 48,742 | $17.1M | Reduce -4.9% |
| VIG Vanguard Dividend Apprec ETF | 0.77% | 75,524 | $16.6M | Add +5.3% |
| TSLA Tesla Inc. | 0.69% | 33,313 | $15.0M | Add +1.0% |
| NFLX Netflix Inc. | 0.66% | 152,632 | $14.3M | Add +7.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.59% | 11,876 | $12.7M | Add +0.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.55% | 24,223 | $11.8M | Add +2.5% |
| GOOG Alphabet Inc. Class C | 0.52% | 36,121 | $11.3M | Add +12.6% |
| XOM Exxon Mobil Corp. | 0.51% | 92,133 | $11.1M | Add +1.0% |
| ABBV Abbvie Inc. | 0.47% | 44,203 | $10.1M | Reduce -21.9% |
| ISRG Intuitive Surgical Inc. | 0.46% | 17,678 | $10.0M | Add +1.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.45% | 32,208 | $9.8M | Reduce -13.4% |
| JNJ Johnson & Johnson | 0.44% | 45,934 | $9.5M | Reduce -23.0% |
| MUB iShares National Muni Bond E | 0.43% | 87,012 | $9.3M | Add +6.0% |
| USB US Bancorp | 0.43% | 172,894 | $9.2M | Reduce -0.6% |
| PNC PNC Financial Services Group | 0.42% | 43,066 | $9.0M | Reduce -11.9% |
| ORCL Oracle Corp. | 0.41% | 45,644 | $8.9M | Add +45.3% |
| NGG National Grid PLC-SP ADR | 0.41% | 113,763 | $8.8M | Reduce -3.4% |
| TTE Totalenergies SE | 0.40% | 133,088 | $8.7M | No change |
| CVX Chevron Corp. | 0.39% | 55,765 | $8.5M | Reduce -5.7% |
| PFE Pfizer Inc. | 0.39% | 339,181 | $8.4M | Add +0.3% |
| PLD Prologis Inc. | 0.38% | 64,561 | $8.2M | Add +1.0% |
| ENB Enbridge Inc. | 0.38% | 171,160 | $8.2M | Reduce -13.9% |
| BTI British American Tob-SP ADR | 0.38% | 144,011 | $8.2M | Reduce -16.6% |
| INTU Intuit Inc. | 0.38% | 12,304 | $8.2M | Add +11.3% |
| TFC Truist Financial Corp. | 0.35% | 155,579 | $7.7M | Reduce -0.3% |
| PANW Palo Alto Networks Inc. | 0.35% | 41,353 | $7.6M | Reduce -3.3% |
| TMO Thermo Fisher Scientific Inc. | 0.35% | 13,068 | $7.6M | Add +3.4% |
| AMGN Amgen Inc. | 0.34% | 22,605 | $7.4M | Reduce -10.2% |
| RTX RTX Corp. | 0.33% | 39,460 | $7.2M | Add +9.8% |
| PEP Pepsico Inc. | 0.33% | 50,356 | $7.2M | Reduce -5.2% |
| PM Philip Morris International | 0.32% | 43,312 | $6.9M | Add +44.6% |
| ETN Eaton Corp. PLC | 0.32% | 21,695 | $6.9M | Reduce -8.3% |
| XEL Xcel Energy Inc. | 0.31% | 91,031 | $6.7M | Reduce -21.5% |
| GWW WW Grainger Inc. | 0.31% | 6,545 | $6.6M | Add +7.7% |
| LLY Eli Lilly & Co. | 0.30% | 6,018 | $6.5M | Add +10.2% |
| VZ Verizon Communications Inc. | 0.30% | 156,904 | $6.4M | Reduce -28.2% |
| SNY Sanofi-ADR | 0.29% | 129,898 | $6.3M | Reduce -5.2% |
| JPM JPMorgan Chase & Co. | 0.29% | 19,363 | $6.2M | Add +9.3% |
| VRTX Vertex Pharmaceuticals Inc. | 0.29% | 13,758 | $6.2M | Add +42.8% |
| O Realty Income Corp. | 0.28% | 108,136 | $6.1M | Reduce -12.0% |
| UL Unilever PLC-Sponsored ADR | 0.28% | 92,834 | $6.1M | Add +122.3% |
| DUK Duke Energy Corp. | 0.27% | 50,288 | $5.9M | Reduce -1.9% |
| ABNB Airbnb Inc. Class A | 0.27% | 43,025 | $5.8M | Add +16.7% |
| FE Firstenergy Corp. | 0.26% | 127,705 | $5.7M | Reduce -1.3% |
| SYK Stryker Corp. | 0.26% | 16,095 | $5.7M | Reduce -3.8% |
| HYD Vaneck High Yield Muni ETF | 0.26% | 108,277 | $5.5M | Add +92.2% |
| CME Cme Group Inc. | 0.25% | 19,849 | $5.4M | Add +737.2% |
| BND Vanguard Total Bond Market | 0.25% | 71,679 | $5.3M | Add +150.3% |
| GSK GSK PLC-Spon ADR | 0.24% | 107,795 | $5.3M | Reduce -19.0% |
| TRP TC Energy Corp. | 0.24% | 96,043 | $5.3M | Reduce -11.4% |
| SPGI S&P Global Inc. | 0.24% | 9,978 | $5.2M | Add +3.9% |
| UBER Uber Technologies Inc. | 0.24% | 62,322 | $5.1M | Reduce -11.2% |
| CRM Salesforce Inc. | 0.23% | 18,946 | $5.0M | Reduce -1.0% |
| SHW The Sherwin-Williams Co. | 0.23% | 15,482 | $5.0M | Reduce -0.8% |
| FTI Technipfmc PLC | 0.23% | 112,555 | $5.0M | Reduce -14.9% |
| LIN Linde PLC | 0.23% | 11,624 | $5.0M | Add +5.9% |
| MRSH Marsh & McLennan Cos | 0.23% | 26,699 | $5.0M | Add +8.8% |
| SNPS Synopsys Inc. | 0.22% | 10,325 | $4.8M | Add +2.3% |
| CMG Chipotle Mexican Grill Inc. | 0.22% | 130,261 | $4.8M | Add +250.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.22% | 9,488 | $4.8M | Add +19.5% |
| EQIX Equinix Inc. | 0.22% | 6,180 | $4.7M | Reduce -1.3% |
| MNST Monster Beverage Corp. | 0.22% | 61,095 | $4.7M | Reduce -8.9% |
| AMCR Amcor PLC | 0.20% | 531,887 | $4.4M | Reduce -9.0% |
| GILD Gilead Sciences Inc. | 0.20% | 34,838 | $4.3M | Reduce -13.3% |
| AEP American Electric Power | 0.20% | 36,696 | $4.2M | Reduce -27.6% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.19% | 32,281 | $4.2M | Reduce -44.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.19% | 5,895 | $4.0M | Reduce -3.3% |
| WWD Woodward Inc. | 0.18% | 13,052 | $3.9M | Reduce -6.0% |
| PAYX Paychex Inc. | 0.18% | 34,039 | $3.8M | Add +55701.6% |
| PPL PPL Corp. | 0.17% | 107,343 | $3.8M | Reduce -3.0% |
| IWO iShares Russell 2000 Growth | 0.17% | 11,579 | $3.7M | Add +65.3% |
| MA Mastercard Inc. Class A | 0.17% | 6,520 | $3.7M | Add +28.8% |
| IWF iShares Russell 1000 Growth | 0.16% | 7,444 | $3.5M | Add +1.0% |
| HBAN Huntington Bancshares Inc. | 0.16% | 202,412 | $3.5M | Reduce -36.0% |
| MRCY Mercury Systems Inc. | 0.16% | 47,415 | $3.5M | Reduce -6.5% |
| KO The Coca-Cola Co. | 0.16% | 49,033 | $3.4M | Add +3.4% |
| MMSI Merit Medical Systems Inc. | 0.16% | 38,161 | $3.4M | Reduce -6.5% |
| SF Stifel Financial Corp. | 0.15% | 26,122 | $3.3M | Reduce -13.5% |
| BURL Burlington Stores Inc. | 0.15% | 11,144 | $3.2M | Reduce -5.9% |
| OLLI Ollie's Bargain Outlet Holdi | 0.15% | 29,363 | $3.2M | Reduce -6.2% |
| CASY Casey's General Stores Inc. | 0.15% | 5,777 | $3.2M | Reduce -6.2% |
| WEC WEC Energy Group Inc. | 0.15% | 30,250 | $3.2M | Add +0.1% |
| RBC RBC Bearings Inc. | 0.15% | 7,079 | $3.2M | Reduce -6.3% |
Portfolio Sells Q3 2025 → Q4 2025
| IWS iShares Russell Mid-Cap Valu | Reduce -0.9% | 6.18% | −0.42 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.3% | 4.96% | −0.30 |
| META Meta Platforms Inc. Class A | Reduce -0.1% | 1.36% | −0.26 |
| ARE Alexandria Real Estate Equit | Reduce -94.4% | 0.01% | −0.20 |
| ABBV Abbvie Inc. | Reduce -21.9% | 0.47% | −0.18 |
| BMO Bank of Montreal | Reduce -44.3% | 0.19% | −0.18 |
| VZ Verizon Communications Inc. | Reduce -28.2% | 0.30% | −0.18 |
| WMB Williams Cos Inc. | Reduce -62.8% | 0.08% | −0.16 |
| XEL Xcel Energy Inc. | Reduce -21.5% | 0.31% | −0.15 |
| ETN Eaton Corp. PLC | Reduce -8.3% | 0.32% | −0.12 |
| AVUV Avantis US Small Cap Value | Reduce -0.2% | 2.57% | −0.12 |
| ENB Enbridge Inc. | Reduce -13.9% | 0.38% | −0.12 |
| SBUX Starbucks Corp. | Reduce -65.1% | 0.05% | −0.11 |
| HBAN Huntington Bancshares Inc. | Reduce -36.0% | 0.16% | −0.11 |
| PYPL PayPal Holdings Inc. | Reduce -31.1% | 0.14% | −0.11 |
| JNJ Johnson & Johnson | Reduce -23.0% | 0.44% | −0.11 |
| UBER Uber Technologies Inc. | Reduce -11.2% | 0.24% | −0.10 |
| O Realty Income Corp. | Reduce -12.0% | 0.28% | −0.09 |
| AEP American Electric Power | Reduce -27.6% | 0.20% | −0.09 |
| DIOD Diodes Inc. | Sold out | 0.00% | −0.08 |
| SPNS Sapiens International Corp. | Sold out | 0.00% | −0.08 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -0.4% | 1.86% | −0.08 |
| PANW Palo Alto Networks Inc. | Reduce -3.3% | 0.35% | −0.08 |
| BTI British American Tob-SP ADR | Reduce -16.6% | 0.38% | −0.08 |
| V Visa Inc. Class A | Reduce -4.9% | 0.79% | −0.07 |
| KMB Kimberly-Clark Corp. | Reduce -12.7% | 0.14% | −0.07 |
| PNC PNC Financial Services Group | Reduce -11.9% | 0.42% | −0.07 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -13.4% | 0.45% | −0.06 |
| CVX Chevron Corp. | Reduce -5.7% | 0.39% | −0.06 |
| HD Home Depot Inc. | Reduce -16.3% | 0.12% | −0.06 |
| TJX TJX Companies Inc. | Reduce -31.4% | 0.12% | −0.06 |
| EHC Encompass Health Corp. | Reduce -78.4% | 0.01% | −0.06 |
| ITGR Integer Holdings Corp. | Reduce -9.8% | 0.10% | −0.06 |
| KNSL Kinsale Capital Group Inc. | Reduce -35.5% | 0.07% | −0.06 |
| IWN iShares Russell 2000 Value E | Reduce -0.2% | 1.16% | −0.05 |
| IBP Installed Building Products | Reduce -32.3% | 0.10% | −0.05 |
| OLLI Ollie's Bargain Outlet Holdi | Reduce -6.2% | 0.15% | −0.05 |
| ADBE Adobe Inc. | Reduce -80.5% | 0.01% | −0.05 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -40.9% | 0.05% | −0.05 |
| TRP TC Energy Corp. | Reduce -11.4% | 0.24% | −0.05 |
| SYK Stryker Corp. | Reduce -3.8% | 0.26% | −0.04 |
| FRPT Freshpet Inc. | Reduce -99.8% | 0.00% | −0.04 |
| DUK Duke Energy Corp. | Reduce -1.9% | 0.27% | −0.04 |
| PFGC Performance Food Group Co. | Reduce -6.0% | 0.13% | −0.04 |
| DEO Diageo PLC-Sponsored ADR | Reduce -17.1% | 0.09% | −0.04 |
| GSK GSK PLC-Spon ADR | Reduce -19.0% | 0.24% | −0.04 |
| AMZN Amazon.com Inc. | Reduce -0.3% | 1.95% | −0.04 |
| HIG Hartford Insurance Group Inc. | Reduce -37.0% | 0.06% | −0.04 |
| BA The Boeing Co. | Reduce -39.7% | 0.05% | −0.04 |
| SU Suncor Energy Inc. | Sold out | 0.00% | −0.04 |
Portfolio Buys Q3 2025 → Q4 2025
| IVV iShares Core S&P 500 ETF | Add +21.9% | 15.05% | +2.15 |
| AGG iShares Core U.S. Aggregate | Add +25.5% | 3.32% | +0.48 |
| CME Cme Group Inc. | Add +737.2% | 0.25% | +0.22 |
| PAYX Paychex Inc. | Add +55701.6% | 0.18% | +0.18 |
| CMG Chipotle Mexican Grill Inc. | Add +250.6% | 0.22% | +0.15 |
| UL Unilever PLC-Sponsored ADR | Add +122.3% | 0.28% | +0.14 |
| BND Vanguard Total Bond Market | Add +150.3% | 0.25% | +0.14 |
| GOOG Alphabet Inc. Class C | Add +12.6% | 0.52% | +0.14 |
| FDV Fed Hermes US Strat Div ETF | New | 0.14% | +0.14 |
| MRK Merck & Co. Inc. | Add +771.1% | 0.15% | +0.13 |
| HYD Vaneck High Yield Muni ETF | Add +92.2% | 0.26% | +0.11 |
| TXN Texas Instruments Inc. | Add +1700.6% | 0.12% | +0.11 |
| VRTX Vertex Pharmaceuticals Inc. | Add +42.8% | 0.29% | +0.10 |
| MO Altria Group Inc. | Add +1335.4% | 0.10% | +0.10 |
| LLY Eli Lilly & Co. | Add +10.2% | 0.30% | +0.09 |
| AVGO Broadcom Inc. | Add +13.6% | 0.87% | +0.09 |
| PM Philip Morris International | Add +44.6% | 0.32% | +0.08 |
| ISRG Intuitive Surgical Inc. | Add +1.8% | 0.46% | +0.08 |
| IWO iShares Russell 2000 Growth | Add +65.3% | 0.17% | +0.06 |
| GS Goldman Sachs Group Inc. | Add +194.6% | 0.09% | +0.06 |
| WTFC Wintrust Financial Corp. | New | 0.05% | +0.05 |
| MYRG MYR Group Inc./Delaware | New | 0.05% | +0.05 |
| ACN Accenture PLC Class A | Add +114.7% | 0.09% | +0.05 |
| ABNB Airbnb Inc. Class A | Add +16.7% | 0.27% | +0.05 |
| MIR Mirion Technologies Inc. | New | 0.05% | +0.05 |
| TMO Thermo Fisher Scientific Inc. | Add +3.4% | 0.35% | +0.05 |
| CDC Victoryshares US Eq Income E | New | 0.04% | +0.04 |
| BKNG Booking Holdings Inc. | Add +167.6% | 0.07% | +0.04 |
| MU Micron Technology Inc. | Add +49.5% | 0.07% | +0.04 |
| ZION Zions Bancorp NA | Add +750.8% | 0.04% | +0.04 |
| RTX RTX Corp. | Add +9.8% | 0.33% | +0.04 |
| ANET Arista Networks Inc. | Add +200.0% | 0.06% | +0.04 |
| MCD McDonald's Corp. | Add +110.0% | 0.07% | +0.04 |
| BAC Bank of America Corp. | Add +68.6% | 0.09% | +0.03 |
| IBM Intl Business Machines Corp. | Add +74.3% | 0.07% | +0.03 |
| CSCO Cisco Systems Inc. | Add +65.2% | 0.07% | +0.03 |
| MA Mastercard Inc. Class A | Add +28.8% | 0.17% | +0.03 |
| APH Amphenol Corp. Class A | Add +61.1% | 0.07% | +0.03 |
| SCHW Schwab (charles) Corp. | Add +109.3% | 0.05% | +0.03 |
| PGR Progressive Corp. | Add +847.1% | 0.03% | +0.03 |
| FCX Freeport-McMoran Inc. | Add +120.6% | 0.04% | +0.03 |
| AXP American Express Co. | Add +61.5% | 0.07% | +0.03 |
| CAT Caterpillar Inc. | Add +33.0% | 0.08% | +0.03 |
| UNH Unitedhealth Group Inc. | Add +49.7% | 0.10% | +0.03 |
| CMCSA Comcast Corp. Class A | Add +940.7% | 0.03% | +0.03 |
| LOW Lowe's Cos Inc. | Add +110.0% | 0.05% | +0.02 |
| BSX Boston Scientific Corp. | Add +315.2% | 0.03% | +0.02 |
| DHR Danaher Corp. | Add +108.8% | 0.04% | +0.02 |
| DY Dycom Industries Inc. | Add +25.9% | 0.09% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +19.5% | 0.22% | +0.02 |
Notes & Other Activity Q3 2025 → Q4 2025
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Sold out | 6,000 | $468before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.