DAVIDSON INVESTMENT ADVISORS
CIK 1140771 · View on SEC EDGAR ↗
- Portfolio value
- $2.4B
- Positions
- 123
- As of
- June 30, 2026
#1,338 of 9,443 by 13F value · top 14.2%
Portfolio value QoQ: +5.5% 13F does not disclose cash
- Top 10 holdings weight
- 38.56%
- Top 25 holdings weight
- 59.69%
- Positions above 1%
- 29
- Effective number of positions
- 41.8
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 6.11% Est. buys $145,623,277 · sells $215,331,818
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 79.9% still held
- New positions
- 6
- Increased
- 29
- Decreased
- 73
- Closed
- 8
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +13.0% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 88.9% · Options excluded: 0.0%
Sector breakdown
Technology
21.9%
Healthcare
9.7%
Communication Services
8.2%
Industrials
7.3%
Retail
6.9%
Financials
5.5%
Financial Services
4.0%
Real Estate
3.3%
Consumer Discretionary
3.1%
Energy
2.9%
Communications
2.7%
Utilities
2.3%
Materials
1.8%
Consumer Staples
1.5%
Telecommunication
0.6%
Consumer products
0.3%
Logistics & Transportation
0.0%
Other/Unmapped
17.9%
Full portfolio 123 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| IXUS iShares Core MSCI Total International Stock ETF | $202,547,927 | 8.28% | 2,122,254 | $18,774,317 | Up ×5 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $117,409,565 | 4.80% | 332,294 | $13,436,536 | Down ×4 | ||
| AMZN Amazon.com, Inc. - Common Stock | $106,722,455 | 4.36% | 447,774 | $10,072,054 | Down ×1 | ||
| AAPL Apple Inc. - Common Stock | $98,857,059 | 4.04% | 341,640 | $9,086,958 | Down ×2 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $95,562,963 | 3.91% | 200,103 | $24,781,546 | Down ×3 | ||
| MSFT Microsoft Corporation - Common Stock | $90,554,503 | 3.70% | 242,760 | $-1,727,008 | Down ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $77,832,830 | 3.18% | 388,989 | $18,660,113 | Up ×6 | ||
| H Hyatt Hotels Corporation Class A Common Stock | $55,071,689 | 2.25% | 284,109 | $12,868,749 | Down ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $50,196,672 | 2.05% | 89,113 | $1,683,846 | Up ×6 | ||
| AVGO Broadcom Inc. - Common Stock | $48,570,750 | 1.99% | 128,579 | $17,011,567 | Up ×1 | ||
| ETN Eaton Corporation, PLC Ordinary Shares | $48,179,817 | 1.97% | 113,066 | $18,803,266 | Up ×1 | ||
| C Citigroup, Inc. Common Stock | $42,074,365 | 1.72% | 300,617 | $6,062,276 | Down ×4 | ||
| VFMO | $39,008,643 | 1.59% | 156,341 | $8,750,245 | Up ×5 | ||
| SRE DBA Sempra Common Stock | $38,459,169 | 1.57% | 414,833 | $-2,880,237 | Down ×3 | ||
| LH Labcorp Holdings Inc. Common Stock | $37,211,477 | 1.52% | 132,898 | $656,392 | Down ×3 | ||
| AGNC AGNC Investment Corp. - Common Stock | $36,744,625 | 1.50% | 3,371,067 | $-3,614,983 | Down ×2 | ||
| V Visa Inc. | $35,039,482 | 1.43% | 102,129 | $8,667,603 | Up ×1 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $34,820,539 | 1.42% | 296,446 | $9,621,950 | Down ×6 | ||
| ADI Analog Devices, Inc. - Common Stock | $33,114,774 | 1.35% | 83,377 | $5,936,766 | Down ×4 | ||
| ANET Arista Networks, Inc. Common Stock | $32,018,303 | 1.31% | 188,476 | $7,438,729 | Down ×2 | ||
| RTX RTX Corporation Common Stock | $31,096,437 | 1.27% | 163,898 | $-17,882,847 | Down ×6 | ||
| EUSA | $28,722,455 | 1.17% | 251,532 | $3,420,398 | Up ×5 | ||
| MDT Medtronic plc. Ordinary Shares | $27,277,582 | 1.11% | 348,684 | $-4,237,034 | Down ×3 | ||
| PANW Palo Alto Networks, Inc. - Common Stock | $26,933,419 | 1.10% | 78,979 | $9,856,453 | Down ×1 | ||
| CI The Cigna Group Common Stock | $26,285,441 | 1.07% | 95,348 | $-354,730 | Down ×1 | ||
| CVS CVS Health Corporation Common Stock | $25,297,899 | 1.03% | 244,542 | $7,624,485 | Down ×4 | ||
| CPT Camden Property Trust Common Stock | $25,066,860 | 1.02% | 218,944 | $9,550,681 | Up ×2 | ||
| GS Goldman Sachs Group, Inc. (The) Common Stock | $24,933,095 | 1.02% | 24,653 | $-2,414,854 | Down ×2 | ||
| PGR Progressive Corporation (The) Common Stock | $24,657,137 | 1.01% | 112,873 | $8,015,963 | Up ×1 | ||
| WMT Walmart Inc. - Common Stock | $24,246,525 | 0.99% | 214,078 | $-3,701,033 | Down ×2 | ||
| VRTX Vertex Pharmaceuticals Incorporated - Common Stock | $24,195,718 | 0.99% | 48,710 | $1,323,046 | Down ×2 | ||
| Unknown issuer (CUSIP: 314352105) | $23,008,474 | 0.94% | 152,374 | Up ×1 | |||
| BA Boeing Company (The) Common Stock | $22,141,225 | 0.91% | 102,283 | $1,709,402 | Down ×2 | ||
| QCOM QUALCOMM Incorporated - Common Stock | $22,048,955 | 0.90% | 119,319 | $3,723,947 | Down ×1 | ||
| SARO StandardAero, Inc. Common Stock | $21,878,896 | 0.89% | 731,491 | $6,198,872 | Up ×2 | ||
| BAC Bank of America Corporation Common Stock | $21,837,329 | 0.89% | 383,246 | $2,982,413 | Down ×4 | ||
| SCHW Charles Schwab Corporation (The) Common Stock | $21,674,173 | 0.89% | 234,899 | $-498,948 | Down ×4 | ||
| HD Home Depot, Inc. (The) Common Stock | $21,548,989 | 0.88% | 61,101 | $193,351 | Down ×1 | ||
| GIL Gildan Activewear, Inc. Class A Sub. Vot. Common Stock | $21,426,969 | 0.88% | 415,251 | $-3,037,995 | Down ×2 | ||
| CVX Chevron Corporation Common Stock | $20,855,978 | 0.85% | 125,820 | $-6,789,538 | Down ×4 | ||
| VTEB | $20,825,899 | 0.85% | 411,742 | $1,299,599 | Up ×6 | ||
| PM Philip Morris International Inc Common Stock | $20,796,162 | 0.85% | 114,953 | $1,683,837 | Down ×2 | ||
| EOG EOG Resources, Inc. Common Stock | $20,649,341 | 0.84% | 159,172 | $-3,536,282 | Down ×1 | ||
| AZN AstraZeneca PLC - American Depositary Shares | $20,607,163 | 0.84% | 108,676 | $-2,140,389 | Down ×1 | ||
| CTVA Corteva, Inc. Common Stock | $19,481,720 | 0.80% | 230,036 | $-927,772 | Down ×2 | ||
| ITM | $19,306,875 | 0.79% | 410,872 | $532,115 | Up ×6 | ||
| TMO Thermo Fisher Scientific Inc Common Stock | $19,270,774 | 0.79% | 38,437 | $-334,392 | Down ×1 | ||
| OTIS Otis Worldwide Corporation Common Stock | $18,803,000 | 0.77% | 262,612 | $-3,987,552 | Down ×1 | ||
| FIBK First Interstate BancSystem, Inc. - Common Stock | $18,465,549 | 0.75% | 478,878 | $2,425,455 | Down ×2 | ||
| DT Dynatrace, Inc. Common Stock | $18,329,790 | 0.75% | 417,440 | $2,094,609 | Down ×1 | ||
| NFLX Netflix, Inc. - Common Stock | $17,825,224 | 0.73% | 249,653 | $-7,549,915 | Down ×2 | ||
| TRNO Terreno Realty Corporation Common Stock | $17,817,320 | 0.73% | 275,086 | $935,173 | Up ×1 | ||
| EXC Exelon Corporation - Common Stock | $17,085,675 | 0.70% | 366,488 | $-1,920,506 | Down ×2 | ||
| TRMB Trimble Inc. - Common Stock | $16,972,158 | 0.69% | 331,617 | $1,246,901 | Up ×1 | ||
| MTUM | $16,799,356 | 0.69% | 49,002 | Up ×1 | |||
| ELAN Elanco Animal Health Incorporated Common Stock | $16,454,098 | 0.67% | 668,594 | $410,301 | Down ×4 | ||
| CP Canadian Pacific Kansas City Limited Common Shares | $16,307,270 | 0.67% | 188,197 | $1,482,062 | Down ×1 | ||
| STZ Constellation Brands, Inc. Common Stock | $16,076,602 | 0.66% | 115,584 | $-2,435,902 | Down ×1 | ||
| BMY Bristol-Myers Squibb Company Common Stock | $15,972,323 | 0.65% | 277,201 | $-1,804,403 | Down ×3 | ||
| TMUS T-Mobile US, Inc. - Common Stock | $15,403,048 | 0.63% | 91,832 | $-5,010,410 | Down ×3 | ||
| LOW Lowe's Companies, Inc. Common Stock | $15,127,498 | 0.62% | 68,609 | $-1,204,777 | Down ×1 | ||
| ICE Intercontinental Exchange Inc. Common Stock | $14,630,639 | 0.60% | 118,842 | $-4,142,459 | Down ×2 | ||
| GBCI Glacier Bancorp, Inc. Common Stock | $14,597,972 | 0.60% | 283,016 | $1,215,644 | Down ×1 | ||
| PFE Pfizer, Inc. Common Stock | $13,733,910 | 0.56% | 570,345 | $-2,509,125 | Down ×1 | ||
| CMCSA Comcast Corporation - Class A Common Stock | $13,417,394 | 0.55% | 546,533 | $-2,283,512 | Down ×1 | ||
| EQT EQT Corporation Common Stock | $13,292,872 | 0.54% | 250,007 | $-2,688,596 | Down ×1 | ||
| LIN Linde plc - Ordinary Shares | $12,881,129 | 0.53% | 24,822 | $587,273 | Up ×4 | ||
| CRM Salesforce, Inc. Common Stock | $12,526,199 | 0.51% | 79,958 | $-3,692,210 | Down ×1 | ||
| Unknown issuer (CUSIP: 438516205) | $12,037,747 | 0.49% | 53,764 | Up ×1 | |||
| Unknown issuer (CUSIP: 43849R105) | $11,801,471 | 0.48% | 53,381 | Up ×1 | |||
| FUL H. B. Fuller Company Common Stock | $11,622,415 | 0.48% | 199,390 | $-1,295,474 | Down ×1 | ||
| DGRO | $11,451,083 | 0.47% | 151,090 | $1,617,838 | Up ×4 | ||
| WAFD WaFd, Inc. - Common Stock | $10,852,514 | 0.44% | 282,839 | $1,368,196 | Down ×2 | ||
| IFNNY | $10,722,997 | 0.44% | 114,123 | Up ×1 | |||
| JMST | $10,681,848 | 0.44% | 209,448 | $-372,196 | Down ×1 | ||
| INTU Intuit Inc. - Common Stock | $9,880,147 | 0.40% | 37,855 | $-8,163,036 | Down ×3 | ||
| FANG Diamondback Energy, Inc. - Common Stock | $9,767,689 | 0.40% | 55,568 | $-1,510,631 | Down ×2 | ||
| ITOT | $8,124,526 | 0.33% | 49,458 | $963,948 | Down ×2 | ||
| ZTS Zoetis Inc. Class A Common Stock | $8,038,861 | 0.33% | 111,868 | $1,676,326 | Up ×1 | ||
| BRBR BellRing Brands, Inc. Common Stock | $7,904,515 | 0.32% | 610,859 | $-4,033,637 | Down ×1 | ||
| EXE Expand Energy Corporation - Common Stock | $6,895,883 | 0.28% | 75,621 | $-1,999,042 | Down ×1 | ||
| VB | $6,094,244 | 0.25% | 20,105 | $617,483 | Down ×5 | ||
| MUB | $5,208,270 | 0.21% | 48,395 | $-10,064 | Down ×5 | ||
| SHM | $2,079,619 | 0.09% | 43,357 | $-185,514 | Down ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $1,821,158 | 0.07% | 5,096 | $290,764 | Down ×1 | ||
| JNJ Johnson & Johnson Common Stock | $1,771,949 | 0.07% | 6,977 | $102,179 | Up ×2 | ||
| VTI | $1,499,521 | 0.06% | 4,052 | $199,496 | |||
| CMF | $1,480,714 | 0.06% | 25,689 | $163,382 | Up ×1 | ||
| CAT Caterpillar, Inc. Common Stock | $1,479,146 | 0.06% | 1,389 | $495,095 | |||
| JPM JP Morgan Chase & Co. Common Stock | $1,328,305 | 0.05% | 4,058 | $84,597 | Down ×1 | ||
| COST Costco Wholesale Corporation - Common Stock | $1,178,461 | 0.05% | 1,260 | $-68,823 | Up ×4 | ||
| VTHR Vanguard Russell 3000 ETF | $1,014,495 | 0.04% | 3,061 | $81,028 | Down ×2 | ||
| FDX FedEx Corporation Common Stock | $851,433 | 0.03% | 2,719 | $-25,626,908 | Down ×3 | ||
| ABBV AbbVie Inc. Common Stock | $849,788 | 0.03% | 3,377 | Up ×1 | |||
| IJH | $751,591 | 0.03% | 9,747 | $93,376 | |||
| MS Morgan Stanley Common Stock | $716,380 | 0.03% | 3,427 | $152,399 | |||
| SO Southern Company (The) Common Stock | $698,683 | 0.03% | 7,300 | $-5,913 | |||
| IDEV | $633,573 | 0.03% | 7,118 | $-207,225 | Down ×5 | ||
| VOO | $616,755 | 0.03% | 898 | $80,155 | |||
| IUSB iShares Core Universal USD Bond ETF | $564,738 | 0.02% | 12,237 | $10,319 | Up ×3 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| IXUS | $202,547,927 | 8.28% | up ×5 |
| NVDA | $77,832,830 | 3.18% | up ×6 |
| META | $50,196,672 | 2.05% | up ×6 |
| VFMO | $39,008,643 | 1.59% | up ×5 |
| EUSA | $28,722,455 | 1.17% | up ×5 |
| VTEB | $20,825,899 | 0.85% | up ×6 |
| ITM | $19,306,875 | 0.79% | up ×6 |
| LIN | $12,881,129 | 0.53% | up ×4 |
| DGRO | $11,451,083 | 0.47% | up ×4 |
| COST | $1,178,461 | 0.05% | up ×4 |
| IUSB | $564,738 | 0.02% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: 314352105) | $23,008,474 | 152,374 | 0.94% |
| MTUM | $16,799,356 | 49,002 | 0.69% |
| Unknown issuer (CUSIP: 438516205) | $12,037,747 | 53,764 | 0.49% |
| Unknown issuer (CUSIP: 43849R105) | $11,801,471 | 53,381 | 0.48% |
| IFNNY | $10,722,997 | 114,123 | 0.44% |
| ABBV | $849,788 | 3,377 | 0.03% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| TSM | Trimmed | -9K | +$24.8M |
| ETN | Bought more | +31K | +$18.8M |
| IXUS | Bought more | +1K | +$18.8M |
| NVDA | Bought more | +50K | +$18.7M |
| RTX | Trimmed | -90K | -$17.9M |
| AVGO | Bought more | +27K | +$17.0M |
| GOOG | Trimmed | -30K | +$13.4M |
| H | Trimmed | -9K | +$12.9M |
| AMZN | Trimmed | -16K | +$10.1M |
| PANW | Trimmed | -28K | +$9.9M |
2 positions hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| HON | June 30, 2026 | 114,519 | $25,884,638 | -1.9% |
| FTNT | March 31, 2026 | 273,952 | $21,754,528 | 82.9% |
| APTV | Dec. 31, 2025 | 246,675 | $21,268,319 | -37.2% |
| UNH | June 30, 2025 | 32,059 | $16,790,901 | 24.2% |
| CUBE | June 30, 2026 | 447,155 | $16,388,237 | 3.4% |
| AMD | March 31, 2025 | 134,542 | $16,251,328 | 358.2% |
| NSC | March 31, 2026 | 54,626 | $15,771,663 | 21.3% |
| PYPL | June 30, 2026 | 266,564 | $12,056,690 | 44.1% |
| ALGN | March 31, 2025 | 45,468 | $9,480,533 | 0.0% |
| ADBE | March 31, 2026 | 25,886 | $9,059,841 | 12.3% |
| VYM | June 30, 2026 | 58,029 | $8,594,095 | No longer tracked |
| IFF | Dec. 31, 2025 | 122,984 | $7,568,430 | 25.1% |
| MOS | March 31, 2025 | 253,048 | $6,219,915 | -12.1% |
| SOLS | March 31, 2026 | 112,904 | $5,484,876 | -25.0% |
| PFF | June 30, 2026 | 121,591 | $3,686,638 | |
| VWO | Sept. 30, 2025 | 18,470 | $913,526 | No longer tracked |
| GBCI | March 31, 2025 | 8,028 | $403,166 | 7.0% |
| PFLC | March 31, 2025 | 29,780 | $370,761 | No longer tracked |
| LVS | June 30, 2026 | 6,462 | $348,173 | 0.5% |
| IWF | March 31, 2026 | 717 | $339,356 | No longer tracked |
| BDX | June 30, 2026 | 2,072 | $325,726 | 24.8% |
| VCIT | Dec. 31, 2025 | 3,650 | $307,002 | |
| IGSB | Dec. 31, 2025 | 4,975 | $263,824 | |
| PG | Dec. 31, 2025 | 1,516 | $232,933 | 0.0% |
| COLB | June 30, 2025 | 8,800 | $219,472 | 32.6% |
| PEP | June 30, 2025 | 1,450 | $217,413 | 8.0% |
| CB | June 30, 2026 | 665 | $216,743 | 0.8% |
| VEA | Sept. 30, 2025 | 3,749 | $213,730 | No longer tracked |
| MU | Sept. 30, 2025 | 1,650 | $203,401 | 488.5% |
| EQIX | Dec. 31, 2025 | 258 | $202,076 | 43.0% |
| EDVR | June 30, 2025 | 10,200 | $146,319 | No longer tracked |