Laird Norton Wetherby Trust Company, LLC

Other Low signal CIK 723204
League rank
#686
in Other · #2354 overall
Long book
$4.58B
Q1 2026
Positions
982
Top-10 weight
34%
concentration
Last quarter
+13.5%
SPY +14.8%
Turnover
11%
of book per quarter

Strategy in plain words

auto-generated from filings

Laird Norton Wetherby Trust Company, LLC is an institutional manager, running a $4.58B US long book across 982 positions.

The portfolio is moderately concentrated (top 10 ≈ 34% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: MICROSOFT CORP, VANGUARD TOTAL STOCK MKT ETF, APPLE INC, NVIDIA CORP, VANGUARD FTSE DEVELOPED ETF.

Over the last 9 quarters its long book ran on average 0.7pp per quarter behind the S&P 500, beating the index in 2 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
+3.8%
Q2 2024
+2.3%
Q3 2024
-1.8%
Q4 2024
-4.9%
Q1 2025
+18.9%
Q2 2025
+6.3%
Q3 2025
-0.1%
Q4 2025
-3.9%
Q1 2026
+13.5%

Sector allocation

Technology
41%
Financials
15%
Industrials
11%
Consumer discretionary
9%
Healthcare
7%
Services media
5%
Energy
3%
Other
3%

Long book by quarter

$738.2M
Q1 2024
$709.0M
Q2 2024
$763.6M
Q3 2024
$731.4M
Q4 2024
$621.6M
Q1 2025
$727.8M
Q2 2025
$582.0M
Q3 2025
$4.81B
Q4 2025
$4.58B
Q1 2026

What does Laird Norton own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MSFT MICROSOFT CORPTechnology728.6K$269.7M5.9%-4.1%
AAPL APPLE INCTechnology928.3K$235.6M5.1%-7.0%
NVDA NVIDIA CORPTechnology1.1M$187.7M4.1%-5.6%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials152$109.2M2.4%-2.6%
AMZN AMAZON.COM INCConsumer discretionary456.2K$95.0M2.1%-7.2%
GOOGL ALPHABET INC-CL ATechnology316.3K$91.0M2.0%-3.8%
AVGO BROADCOM INCTechnology185.5K$57.4M1.3%-2.2%
GOOG ALPHABET INC-CL CTechnology191.8K$55.0M1.2%-11.4%
JPM JPMORGAN CHASE & COFinancials169.2K$49.8M1.1%-3.6%
META META PLATFORMS INC-CLASS ATechnology81.2K$46.4M1.0%-2.0%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials86.9K$41.7M0.9%-5.4%
TSLA TESLA INCIndustrials103.5K$38.5M0.8%+3.2%
LLY ELI LILLY & COHealthcare39.2K$36.1M0.8%-4.6%
V VISA INC-CLASS A SHARESServices media93.3K$28.2M0.6%-3.6%
JNJ JOHNSON & JOHNSONHealthcare104.1K$25.4M0.6%-6.5%
COST COSTCO WHOLESALE CORPConsumer discretionary24.9K$24.8M0.5%-1.5%
XOM EXXON MOBIL CORPEnergy139.7K$23.7M0.5%-9.1%
HD HOME DEPOT INCConsumer discretionary70.4K$23.2M0.5%-7.8%
GS GOLDMAN SACHS GROUP INCFinancials27.1K$22.9M0.5%-2.0%
AMAT APPLIED MATERIALS INCTechnology59.0K$20.1M0.4%+0.5%
WMT WALMART INCConsumer discretionary160.4K$20.0M0.4%-2.4%
ASML ASML HOLDING NV-NY REG SHSIndustrials15.1K$19.9M0.4%-7.2%
NFLX NETFLIX INCServices media206.1K$19.8M0.4%-3.5%
MA MASTERCARD INC - AServices media38.4K$19.2M0.4%-6.1%
CMC COMMERCIAL METALS COIndustrials273.2K$16.8M0.4%-3.1%
ABBV ABBVIE INCHealthcare73.2K$15.9M0.3%-3.9%
CVX CHEVRON CORPEnergy74.3K$15.4M0.3%-8.6%
ABT ABBOTT LABORATORIESHealthcare149.4K$15.3M0.3%+0.8%
IBM INTL BUSINESS MACHINES CORPTechnology62.5K$15.1M0.3%-10.1%
BAC BANK OF AMERICA CORPFinancials310.7K$15.1M0.3%-0.3%
AMD ADVANCED MICRO DEVICESTechnology73.5K$14.9M0.3%-0.9%
CAT CATERPILLAR INCIndustrials20.8K$14.7M0.3%-0.7%
MU MICRON TECHNOLOGY INCTechnology43.3K$14.6M0.3%-1.2%
PG PROCTER & GAMBLE CO/THEOther101.1K$14.6M0.3%-10.2%
CSCO CISCO SYSTEMS INCTechnology187.9K$14.6M0.3%+3.7%
ORCL ORACLE CORPTechnology95.4K$14.0M0.3%-2.6%
LRCX LAM RESEARCH CORPIndustrials64.3K$13.7M0.3%+7.4%
GE GENERAL ELECTRICIndustrials46.1K$13.1M0.3%-2.0%
MRK MERCK & CO. INC.Healthcare103.0K$12.5M0.3%-20.3%
INTU INTUIT INCTechnology27.1K$11.7M0.3%-4.1%
TJX TJX COMPANIES INCConsumer discretionary72.0K$11.5M0.3%+0.4%
GEV GE VERNOVA INCIndustrials13.1K$11.4M0.2%+0.2%
MCD MCDONALD'S CORPConsumer discretionary33.9K$10.5M0.2%-7.6%
KO COCA-COLA CO/THEConsumer staples134.3K$10.3M0.2%0.0%
AXP AMERICAN EXPRESS COFinancials33.2K$10.0M0.2%-3.5%
MS MORGAN STANLEYFinancials60.7K$10.0M0.2%+0.7%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology68.3K$10.0M0.2%+2.6%
AZN ASTRAZENECA PLCHealthcare50.6K$10.0M0.2%New
TEL TE CONNECTIVITY PLCConsumer discretionary45.5K$9.5M0.2%-11.9%
AMGN AMGEN INCHealthcare26.8K$9.4M0.2%-1.6%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20261789$4.58B canonicalSEC ↗
Q4 202513F-HRFeb 17, 20261881$4.81B canonicalSEC ↗
Q3 202513F-HRNov 14, 202565$582.0M canonicalSEC ↗
Q2 202513F-HRAug 14, 202569$733.2M canonicalSEC ↗
Q1 202513F-HRMay 15, 202567$621.6M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202580$731.4M canonicalSEC ↗
Q3 202413F-HRNov 14, 202484$763.6M canonicalSEC ↗
Q2 202413F-HRAug 14, 202472$709.0M canonicalSEC ↗
Q1 202413F-HRMay 15, 202483$738.2M canonicalSEC ↗