DAVIDSON TRUST CO
Long book
$232.0M
Q1 2026
Positions
176
Top-10 weight
31%
concentration
Last quarter
+10.5%
SPY +14.8%
Turnover
10%
of book per quarter
Strategy in plain words
auto-generated from filingsDAVIDSON TRUST CO is an institutional manager, running a $232.0M US long book across 176 positions.
The portfolio is moderately concentrated (top 10 ≈ 31% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: MICROSOFT CORP, APPLE INC, ABBVIE INC, VANGUARD VALUE ETF, VANGUARD GROWTH ETF.
Over the last 9 quarters its long book ran on average 1.1pp 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
+1.4%
Q2 2024
+6.6%
Q3 2024
-0.5%
Q4 2024
-0.1%
Q1 2025
+5.2%
Q2 2025
+7.5%
Q3 2025
+1.8%
Q4 2025
-2.0%
Q1 2026
+10.5%
Sector allocation
Technology 31%
Healthcare 17%
Financials 12%
Industrials 9%
Consumer discretionary 8%
Energy 6%
Consumer staples 4%
Other 4%
Long book by quarter
What does DAVIDSON TRUST own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MSFT MICROSOFT CORP | Technology | 40.0K | $14.8M | 6.4% | -6.8% |
| AAPL APPLE INC | Technology | 56.9K | $14.4M | 6.2% | -2.4% |
| ABBV ABBVIE INC | Healthcare | 36.4K | $7.9M | 3.4% | -6.7% |
| ABT ABBOTT LABORATORIES | Healthcare | 47.6K | $4.9M | 2.1% | -6.4% |
| JNJ JOHNSON & JOHNSON | Healthcare | 19.0K | $4.7M | 2.0% | -6.5% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 4.6K | $4.6M | 2.0% | -0.8% |
| XOM EXXON MOBIL CORP | Energy | 25.6K | $4.3M | 1.9% | -15.5% |
| GOOG ALPHABET INC-CL C | Technology | 14.6K | $4.2M | 1.8% | +0.4% |
| JPM JPMORGAN CHASE & CO | Financials | 13.3K | $3.9M | 1.7% | +5.0% |
| GBCI GLACIER BANCORP INC | Financials | 72.2K | $3.2M | 1.4% | +1.0% |
| RTX RTX CORP | Industrials | 13.7K | $2.6M | 1.1% | -10.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 4.8K | $2.3M | 1.0% | -1.4% |
| PG PROCTER & GAMBLE CO/THE | Other | 15.6K | $2.3M | 1.0% | -16.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 10.7K | $2.2M | 1.0% | +4.2% |
| CB CHUBB LTD | Financials | 6.3K | $2.1M | 0.9% | -11.6% |
| NEE NEXTERA ENERGY INC | Utilities | 21.3K | $2.0M | 0.9% | -7.9% |
| PEP PEPSICO INC | Consumer staples | 12.4K | $1.9M | 0.8% | -2.1% |
| CVX CHEVRON CORP | Energy | 9.0K | $1.9M | 0.8% | -0.8% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 9.0K | $1.8M | 0.8% | -6.6% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 6.8K | $1.5M | 0.7% | +1.5% |
| PFE PFIZER INC | Healthcare | 54.8K | $1.5M | 0.7% | +22.6% |
| GOOGL ALPHABET INC-CL A | Technology | 5.0K | $1.5M | 0.6% | -28.4% |
| CSCO CISCO SYSTEMS INC | Technology | 18.5K | $1.4M | 0.6% | +5.4% |
| DIS WALT DISNEY CO/THE | Services media | 14.9K | $1.4M | 0.6% | -5.4% |
| KO COCA-COLA CO/THE | Consumer staples | 18.4K | $1.4M | 0.6% | -2.5% |
| CMI CUMMINS INC | Industrials | 2.5K | $1.3M | 0.6% | -1.7% |
| LOW LOWE'S COS INC | Consumer discretionary | 5.7K | $1.3M | 0.6% | +0.8% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 25.0K | $1.3M | 0.5% | +3.2% |
| AVGO BROADCOM INC | Technology | 4.0K | $1.3M | 0.5% | -50.9% |
| MCD MCDONALD'S CORP | Consumer discretionary | 3.9K | $1.2M | 0.5% | +6.3% |
| WFC WELLS FARGO & CO | Financials | 14.7K | $1.2M | 0.5% | -2.4% |
| T AT&T INC | Communications | 40.3K | $1.2M | 0.5% | +2.2% |
| V VISA INC-CLASS A SHARES | Services media | 3.3K | $995K | 0.4% | -9.6% |
| WMT WALMART INC | Consumer discretionary | 7.9K | $986K | 0.4% | -3.4% |
| NKE NIKE INC -CL B | Other | 18.2K | $963K | 0.4% | -5.5% |
| CSX CSX CORP | Industrials | 22.5K | $924K | 0.4% | +1.7% |
| USB US BANCORP | Financials | 17.3K | $898K | 0.4% | +0.9% |
| LIN LINDE PLC | Materials | 1.8K | $886K | 0.4% | +1.6% |
| ORCL ORACLE CORP | Technology | 5.9K | $867K | 0.4% | -2.4% |
| MO ALTRIA GROUP INC | Consumer staples | 12.9K | $850K | 0.4% | +3.2% |
| MRK MERCK & CO. INC. | Healthcare | 6.7K | $808K | 0.3% | +23.1% |
| GE GENERAL ELECTRIC | Industrials | 2.7K | $779K | 0.3% | -0.5% |
| QCOM QUALCOMM INC | Technology | 5.9K | $763K | 0.3% | -3.4% |
| ADI ANALOG DEVICES INC | Technology | 2.4K | $763K | 0.3% | +5.4% |
| SPGI S&P GLOBAL INC | Services media | 1.8K | $747K | 0.3% | +1.7% |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 12.1K | $736K | 0.3% | +2.1% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 4.4K | $721K | 0.3% | +6.8% |
| MCO MOODY'S CORP | Services media | 1.6K | $716K | 0.3% | Held |
| IBM INTL BUSINESS MACHINES CORP | Technology | 2.9K | $710K | 0.3% | -11.2% |
| CAT CATERPILLAR INC | Industrials | 1.0K | $708K | 0.3% | -14.4% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 20, 2026 | 258 | $232.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 27, 2026 | 259 | $239.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 20, 2025 | 265 | $242.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 28, 2025 | 240 | $216.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 29, 2025 | 241 | $209.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 31, 2025 | 235 | $194.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 236 | $194.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 31, 2024 | 214 | $145.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 221 | $171.6M | canonical | SEC ↗ |
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