MOODY NATIONAL BANK TRUST DIVISION

Other Low signal CIK 1092903
League rank
#514
in Other · #1847 overall
Long book
$1.05B
Q1 2026
Positions
501
Top-10 weight
35%
concentration
Last quarter
+14.4%
SPY +14.8%
Turnover
15%
of book per quarter

Strategy in plain words

auto-generated from filings

MOODY NATIONAL BANK TRUST DIVISION is an institutional manager, running a $1.05B US long book across 501 positions.

The portfolio is moderately concentrated (top 10 ≈ 35% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD FTSE DEVELOPED ETF, VANGUARD S&P 500 ETF, NVIDIA CORP, VANGUARD EXTENDED MARKET ETF, VANGUARD FTSE EMERGING MARKE.

Over the last 9 quarters its long book ran on average 0.1pp 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
+1.8%
Q2 2024
+7.4%
Q3 2024
+2.5%
Q4 2024
-4.9%
Q1 2025
+10.7%
Q2 2025
+7.2%
Q3 2025
+1.7%
Q4 2025
-1.6%
Q1 2026
+14.4%

Sector allocation

Technology
33%
Industrials
14%
Financials
13%
Consumer discretionary
9%
Healthcare
7%
Services media
5%
Energy
5%
Other
4%

Long book by quarter

$1.27B
Q1 2024
$1.29B
Q2 2024
$934.1M
Q3 2024
$956.2M
Q4 2024
$959.2M
Q1 2025
$1.09B
Q2 2025
$1.18B
Q3 2025
$1.04B
Q4 2025
$1.05B
Q1 2026

What does MOODY NATIONAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology208.0K$36.3M3.5%-0.1%
AAPL APPLE INCTechnology110.7K$28.1M2.7%-0.1%
MSFT MICROSOFT CORPTechnology59.3K$22.0M2.1%+0.2%
AMZN AMAZON.COM INCConsumer discretionary75.2K$15.7M1.5%+1.6%
GOOGL ALPHABET INC-CL ATechnology49.0K$14.1M1.3%-3.1%
AVGO BROADCOM INCTechnology41.2K$12.8M1.2%-1.0%
META META PLATFORMS INC-CLASS ATechnology18.5K$10.6M1.0%+1.2%
XOM EXXON MOBIL CORPEnergy49.2K$8.3M0.8%-0.5%
V VISA INC-CLASS A SHARESServices media26.8K$8.1M0.8%+0.3%
GOOG ALPHABET INC-CL CTechnology27.2K$7.8M0.7%-3.2%
TSLA TESLA INCIndustrials18.8K$7.0M0.7%-1.7%
JNJ JOHNSON & JOHNSONHealthcare28.5K$7.0M0.7%-1.2%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials14.2K$6.8M0.6%-1.0%
JPM JPMORGAN CHASE & COFinancials22.7K$6.7M0.6%+0.4%
MOD MODINE MANUFACTURING COIndustrials29.6K$6.4M0.6%+33.4%
LLY ELI LILLY & COHealthcare6.8K$6.3M0.6%-2.3%
WMT WALMART INCConsumer discretionary47.6K$5.9M0.6%-0.2%
VCTR VICTORY CAPITAL HOLDING - AFinancials87.5K$5.7M0.5%+1.2%
CRS CARPENTER TECHNOLOGYIndustrials14.4K$5.7M0.5%-2.4%
FTAI FTAI AVIATION LTDServices media20.1K$4.9M0.5%+28.4%
PRCH PORCH GROUP INCTechnology657.2K$4.7M0.4%+10.7%
COST COSTCO WHOLESALE CORPConsumer discretionary4.3K$4.3M0.4%+1.7%
CVX CHEVRON CORPEnergy19.9K$4.1M0.4%+1.3%
MRX MAREX GROUP PLCFinancials86.6K$3.9M0.4%-11.8%
HD HOME DEPOT INCConsumer discretionary11.3K$3.7M0.4%-0.3%
BAC BANK OF AMERICA CORPFinancials70.3K$3.4M0.3%0.0%
ABBV ABBVIE INCHealthcare15.7K$3.4M0.3%+0.7%
MCD MCDONALD'S CORPConsumer discretionary10.8K$3.4M0.3%+1.3%
MA MASTERCARD INC - AServices media6.7K$3.3M0.3%+0.2%
KO COCA-COLA CO/THEConsumer staples42.9K$3.3M0.3%+1.7%
NFLX NETFLIX INCServices media33.0K$3.2M0.3%-2.9%
LFUS LITTELFUSE INCIndustrials9.3K$3.2M0.3%-6.0%
PG PROCTER & GAMBLE CO/THEOther21.4K$3.1M0.3%-2.5%
INDI INDIE SEMICONDUCTOR INC-ATechnology946.7K$3.0M0.3%+17.9%
NXT NEXTPOWER INC-CL ATechnology24.8K$3.0M0.3%+26.5%
MRCY MERCURY SYSTEMS INCTechnology41.1K$3.0M0.3%+37.7%
NGVT INGEVITY CORPMaterials41.5K$3.0M0.3%-0.4%
CSCO CISCO SYSTEMS INCTechnology37.8K$2.9M0.3%+0.1%
GEV GE VERNOVA INCIndustrials3.3K$2.9M0.3%-0.1%
AXON AXON ENTERPRISE INCIndustrials6.8K$2.9M0.3%+16.6%
KRUS KURA SUSHI USA INC-CLASS AConsumer discretionary41.1K$2.9M0.3%-26.1%
MU MICRON TECHNOLOGY INCTechnology8.5K$2.9M0.3%-6.8%
WFC WELLS FARGO & COFinancials35.6K$2.8M0.3%-2.4%
ONTO ONTO INNOVATION INCOther13.8K$2.8M0.3%-21.7%
MPC MARATHON PETROLEUM CORPEnergy11.5K$2.8M0.3%-0.6%
FIX COMFORT SYSTEMS USA INCIndustrials2.0K$2.8M0.3%Held
GE GENERAL ELECTRICIndustrials9.5K$2.7M0.3%0.0%
NOC NORTHROP GRUMMAN CORPTechnology3.8K$2.6M0.2%+1.0%
MRK MERCK & CO. INC.Healthcare21.2K$2.5M0.2%+1.1%
KRNT KORNIT DIGITAL LTDIndustrials173.8K$2.5M0.2%-8.2%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 9, 2026794$1.05B canonicalSEC ↗
Q4 202513F-HRJan 12, 2026794$1.04B canonicalSEC ↗
Q3 202513F-HROct 6, 2025792$1.18B canonicalSEC ↗
Q2 202513F-HRJul 10, 2025792$1.09B canonicalSEC ↗
Q1 202513F-HRApr 4, 2025788$959.2M canonicalSEC ↗
Q4 202413F-HRJan 13, 2025806$956.2M canonicalSEC ↗
Q3 202413F-HROct 3, 2024739$934.1M canonicalSEC ↗
Q2 202413F-HRJul 3, 2024719$1.29B canonicalSEC ↗
Q1 202413F-HRApr 4, 2024745$1.27B canonicalSEC ↗