D.A. DAVIDSON & CO.
Long book
$16.50B
Q1 2026
Positions
1551
Top-10 weight
28%
concentration
Last quarter
+11.0%
SPY +14.8%
Turnover
12%
of book per quarter
Strategy in plain words
auto-generated from filingsD.A. DAVIDSON & CO. is a wealth-management firm allocating client money, running a $16.50B US long book across 1551 positions.
The portfolio is moderately concentrated (top 10 ≈ 28% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD VALUE ETF, VANGUARD GROWTH ETF, ISHARES CORE INTL STOCK ETF, ISHARES CORE U.S. AGGREGATE, APPLE INC.
Over the last 9 quarters its long book ran on average 0.7pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.5%
Q2 2024
+6.7%
Q3 2024
+0.1%
Q4 2024
-1.5%
Q1 2025
+7.8%
Q2 2025
+6.8%
Q3 2025
+2.7%
Q4 2025
-1.0%
Q1 2026
+11.0%
Sector allocation
Technology 28%
Industrials 14%
Financials 13%
Healthcare 11%
Consumer discretionary 10%
Services media 6%
Utilities 5%
Energy 4%
Long book by quarter
What does D.A. DAVIDSON own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 1.5M | $386.8M | 2.3% | +1.8% |
| MSFT MICROSOFT CORP | Technology | 885.0K | $327.6M | 2.0% | +4.9% |
| AVGO BROADCOM INC | Technology | 714.3K | $221.1M | 1.3% | -2.3% |
| NVDA NVIDIA CORP | Technology | 1.1M | $188.8M | 1.1% | -0.2% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 189.4K | $188.7M | 1.1% | +0.5% |
| RTX RTX CORP | Industrials | 895.5K | $172.7M | 1.0% | -3.2% |
| JNJ JOHNSON & JOHNSON | Healthcare | 663.8K | $162.3M | 1.0% | -7.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 776.2K | $161.7M | 1.0% | +3.2% |
| CMI CUMMINS INC | Industrials | 271.6K | $146.1M | 0.9% | -10.3% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 296.8K | $142.2M | 0.9% | +0.5% |
| GOOGL ALPHABET INC-CL A | Technology | 437.3K | $125.7M | 0.8% | -1.1% |
| CB CHUBB LTD | Financials | 364.0K | $118.6M | 0.7% | +0.3% |
| JPM JPMORGAN CHASE & CO | Financials | 398.5K | $117.2M | 0.7% | -3.2% |
| V VISA INC-CLASS A SHARES | Services media | 360.0K | $108.8M | 0.7% | +2.5% |
| GOOG ALPHABET INC-CL C | Technology | 337.3K | $96.7M | 0.6% | +0.3% |
| NEE NEXTERA ENERGY INC | Utilities | 1.0M | $95.8M | 0.6% | -4.0% |
| PFE PFIZER INC | Healthcare | 3.2M | $89.4M | 0.5% | +2.9% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 434.7K | $88.3M | 0.5% | +15.0% |
| CVX CHEVRON CORP | Energy | 416.0K | $86.1M | 0.5% | +0.1% |
| AMGN AMGEN INC | Healthcare | 241.5K | $85.0M | 0.5% | -2.7% |
| SPGI S&P GLOBAL INC | Services media | 196.6K | $83.6M | 0.5% | +11.5% |
| PEP PEPSICO INC | Consumer staples | 524.0K | $81.4M | 0.5% | +2.2% |
| XOM EXXON MOBIL CORP | Energy | 420.0K | $71.3M | 0.4% | -1.6% |
| MRK MERCK & CO. INC. | Healthcare | 572.6K | $68.9M | 0.4% | -0.8% |
| LOW LOWE'S COS INC | Consumer discretionary | 286.7K | $67.7M | 0.4% | -0.5% |
| ACN ACCENTURE PLC-CL A | Services media | 305.2K | $60.5M | 0.4% | +16.1% |
| ABBV ABBVIE INC | Healthcare | 272.6K | $59.3M | 0.4% | +0.5% |
| QCOM QUALCOMM INC | Technology | 459.1K | $59.1M | 0.4% | +0.4% |
| CAT CATERPILLAR INC | Industrials | 80.4K | $56.9M | 0.3% | -2.4% |
| ECL ECOLAB INC | Other | 212.0K | $56.4M | 0.3% | +1.0% |
| META META PLATFORMS INC-CLASS A | Technology | 96.6K | $55.3M | 0.3% | +5.1% |
| WMT WALMART INC | Consumer discretionary | 443.9K | $55.2M | 0.3% | -1.2% |
| GS GOLDMAN SACHS GROUP INC | Financials | 57.8K | $48.9M | 0.3% | -7.9% |
| LLY ELI LILLY & CO | Healthcare | 52.5K | $48.3M | 0.3% | +5.1% |
| DE DEERE & CO | Industrials | 80.6K | $45.4M | 0.3% | -2.7% |
| MCD MCDONALD'S CORP | Consumer discretionary | 140.4K | $43.6M | 0.3% | -2.5% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 177.8K | $43.1M | 0.3% | -9.4% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 59 | $42.4M | 0.3% | Held |
| BA BOEING CO/THE | Industrials | 211.9K | $42.2M | 0.3% | +4.2% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 430.3K | $40.4M | 0.2% | +4.9% |
| TSLA TESLA INC | Industrials | 97.1K | $36.1M | 0.2% | +3.0% |
| CSCO CISCO SYSTEMS INC | Technology | 461.6K | $35.8M | 0.2% | -6.7% |
| UNP UNION PACIFIC CORP | Industrials | 143.7K | $34.9M | 0.2% | -5.1% |
| DUK DUKE ENERGY CORP | Utilities | 254.1K | $33.3M | 0.2% | +1.6% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 648.5K | $32.6M | 0.2% | +10.7% |
| NOW SERVICENOW INC | Technology | 304.4K | $31.8M | 0.2% | +118.6% |
| EOG EOG RESOURCES INC | Energy | 211.4K | $30.6M | 0.2% | +1.9% |
| PG PROCTER & GAMBLE CO/THE | Other | 209.0K | $30.2M | 0.2% | +1.7% |
| GD GENERAL DYNAMICS CORP | Industrials | 84.8K | $29.1M | 0.2% | -2.2% |
| SYK STRYKER CORP | Healthcare | 86.9K | $28.6M | 0.2% | +1.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 5, 2026 | 1567 | $16.50B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 29, 2026 | 1519 | $16.33B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 22, 2025 | 1533 | $15.63B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 30, 2025 | 1444 | $14.20B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 28, 2025 | 1406 | $12.45B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 31, 2025 | 1420 | $12.29B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 1377 | $12.11B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 1, 2024 | 1366 | $11.28B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 1381 | $11.10B | canonical | SEC ↗ |