Caldwell Trust Co
Long book
$1.12B
Q1 2026
Positions
784
Top-10 weight
30%
concentration
Last quarter
+12.0%
SPY +14.8%
Turnover
7%
of book per quarter
Strategy in plain words
auto-generated from filingsCaldwell Trust Co is an institutional manager, running a $1.12B US long book across 784 positions.
The portfolio is moderately concentrated (top 10 ≈ 30% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: APPLE INC, NVIDIA CORP, SS SPDR S&P 500 ETF TRUST-US, ALPHABET INC-CL A, MICROSOFT CORP.
Over the last 9 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+3.7%
Q2 2024
+6.5%
Q3 2024
+1.0%
Q4 2024
-2.5%
Q1 2025
+7.2%
Q2 2025
+7.5%
Q3 2025
+2.5%
Q4 2025
-1.7%
Q1 2026
+12.0%
Sector allocation
Technology 34%
Consumer discretionary 13%
Financials 13%
Healthcare 10%
Industrials 10%
Utilities 5%
Services media 5%
Energy 4%
Long book by quarter
What does Caldwell Trust own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 251.2K | $63.8M | 5.7% | +0.9% |
| NVDA NVIDIA CORP | Technology | 323.9K | $56.5M | 5.0% | +0.1% |
| GOOGL ALPHABET INC-CL A | Technology | 122.0K | $35.1M | 3.1% | -1.1% |
| MSFT MICROSOFT CORP | Technology | 76.7K | $28.4M | 2.5% | +2.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 135.1K | $28.1M | 2.5% | +1.7% |
| LLY ELI LILLY & CO | Healthcare | 21.7K | $20.0M | 1.8% | +2.1% |
| JPM JPMORGAN CHASE & CO | Financials | 66.6K | $19.6M | 1.8% | +0.9% |
| NEE NEXTERA ENERGY INC | Utilities | 175.4K | $16.3M | 1.5% | -1.0% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 15.9K | $15.9M | 1.4% | +2.5% |
| HD HOME DEPOT INC | Consumer discretionary | 47.4K | $15.6M | 1.4% | -0.7% |
| JNJ JOHNSON & JOHNSON | Healthcare | 58.1K | $14.2M | 1.3% | +0.1% |
| WMT WALMART INC | Consumer discretionary | 104.7K | $13.0M | 1.2% | -0.8% |
| CAT CATERPILLAR INC | Industrials | 18.4K | $13.0M | 1.2% | -1.9% |
| MA MASTERCARD INC - A | Services media | 23.8K | $11.9M | 1.1% | +1.4% |
| BLK BLACKROCK INC | Financials | 11.9K | $11.5M | 1.0% | -0.4% |
| CVX CHEVRON CORP | Energy | 55.2K | $11.4M | 1.0% | -0.7% |
| AMGN AMGEN INC | Healthcare | 31.6K | $11.1M | 1.0% | +0.7% |
| MCD MCDONALD'S CORP | Consumer discretionary | 34.1K | $10.6M | 0.9% | +1.5% |
| XOM EXXON MOBIL CORP | Energy | 59.5K | $10.1M | 0.9% | +3.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 20.9K | $10.0M | 0.9% | +0.8% |
| V VISA INC-CLASS A SHARES | Services media | 31.6K | $9.6M | 0.9% | -0.5% |
| PG PROCTER & GAMBLE CO/THE | Other | 61.2K | $8.8M | 0.8% | -9.6% |
| AVGO BROADCOM INC | Technology | 27.7K | $8.6M | 0.8% | -0.3% |
| PWR QUANTA SERVICES INC | Industrials | 13.7K | $7.5M | 0.7% | +5.6% |
| ANET ARISTA NETWORKS INC | Technology | 52.1K | $6.4M | 0.6% | +6.9% |
| NFLX NETFLIX INC | Services media | 61.1K | $5.9M | 0.5% | +2.5% |
| CSCO CISCO SYSTEMS INC | Technology | 75.6K | $5.9M | 0.5% | +1.9% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 8 | $5.7M | 0.5% | Held |
| BX BLACKSTONE INC | Financials | 49.9K | $5.7M | 0.5% | +2.2% |
| META META PLATFORMS INC-CLASS A | Technology | 9.9K | $5.7M | 0.5% | +12.7% |
| UNP UNION PACIFIC CORP | Industrials | 23.3K | $5.7M | 0.5% | -1.7% |
| AXP AMERICAN EXPRESS CO | Financials | 18.7K | $5.6M | 0.5% | +3.0% |
| ABBV ABBVIE INC | Healthcare | 25.5K | $5.5M | 0.5% | +4.4% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 23.3K | $5.3M | 0.5% | -1.6% |
| GOOG ALPHABET INC-CL C | Technology | 18.0K | $5.2M | 0.5% | -1.2% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 20.3K | $4.9M | 0.4% | +2.8% |
| ABT ABBOTT LABORATORIES | Healthcare | 47.6K | $4.9M | 0.4% | -4.7% |
| AMAT APPLIED MATERIALS INC | Technology | 14.0K | $4.8M | 0.4% | +1.7% |
| TMUS T-MOBILE US INC | Communications | 22.7K | $4.8M | 0.4% | +5.7% |
| PEP PEPSICO INC | Consumer staples | 29.6K | $4.6M | 0.4% | -2.3% |
| MRK MERCK & CO. INC. | Healthcare | 37.0K | $4.4M | 0.4% | -3.7% |
| DUK DUKE ENERGY CORP | Utilities | 33.4K | $4.4M | 0.4% | +0.2% |
| ORCL ORACLE CORP | Technology | 29.5K | $4.3M | 0.4% | +5.1% |
| BAC BANK OF AMERICA CORP | Financials | 85.2K | $4.2M | 0.4% | +42.1% |
| KO COCA-COLA CO/THE | Consumer staples | 54.6K | $4.2M | 0.4% | +0.3% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 24.9K | $4.1M | 0.4% | -1.0% |
| RTX RTX CORP | Industrials | 21.1K | $4.1M | 0.4% | -0.5% |
| EMR EMERSON ELECTRIC CO | Industrials | 28.4K | $3.7M | 0.3% | -4.7% |
| SYK STRYKER CORP | Healthcare | 11.1K | $3.7M | 0.3% | -5.6% |
| LMT LOCKHEED MARTIN CORP | Industrials | 5.9K | $3.6M | 0.3% | +0.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 22, 2026 | 858 | $1.12B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 30, 2026 | 819 | $1.13B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 23, 2025 | 816 | $1.07B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Sep 22, 2025 | 814 | $1.00B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Sep 23, 2025 | 821 | $932.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Sep 24, 2025 | 781 | $957.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Sep 24, 2025 | 774 | $952.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Sep 24, 2025 | 767 | $903.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Sep 24, 2025 | 778 | $859.1M | canonical | SEC ↗ |
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