Violich Capital Management, Inc.

CIK 1326766 · View on SEC EDGAR ↗

Portfolio value
$919.3M
#2,587 of 9,443 by 13F value · top 27.4%
Positions
122
As of
June 30, 2026

Portfolio value QoQ: +7.5% 13F does not disclose cash

Top 10 holdings weight
62.02%
Top 25 holdings weight
83.35%
Positions above 1%
20
Effective number of positions
18.2

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 3.16% Est. buys $28,001,932 · sells $66,000,713

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 78.2% still held

New positions
9
Increased
12
Decreased
67
Closed
5
On this page

Performance vs S&P 500

Tracked Q2 2025–Q2 2026
+27.5%
S&P 500 total return (same window)
+21.7%
Excess return
+5.8%

Annualized: +27.5% · S&P 500: +21.7%

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: 90.4% · Options excluded: 0.0%

Sector breakdown

Communication Services
25.6%
Technology
23.8%
Healthcare
9.9%
Retail
7.4%
Financial Services
6.1%
Consumer Staples
3.1%
Materials
2.9%
Industrials
2.4%
Financials
2.0%
Energy
1.8%
Communications
0.9%
Utilities
0.7%
Telecommunication
0.5%
Consumer products
0.5%
Consumer Discretionary
0.2%
Logistics & Transportation
0.1%
Real Estate
0.0%
Other/Unmapped
12.1%

Full portfolio 122 positions

Type Streak 8Q trend
GOOG Alphabet Inc. - Class C Capital Stock $117,622,850 12.79% 332,898 $20,257,976 Down ×2
GOOGL Alphabet Inc. - Class A Common Stock $114,564,960 12.46% 320,578 $21,052,461 Down ×2
MSFT Microsoft Corporation - Common Stock $66,054,009 7.18% 177,079 $-440,368 Down ×2
AAPL Apple Inc. - Common Stock $60,694,996 6.60% 209,756 $7,176,522 Down ×6
V Visa Inc. $46,131,881 5.02% 134,460 $3,317,167 Down ×2
COST Costco Wholesale Corporation - Common Stock $43,718,255 4.76% 46,734 $-4,512,943 Down ×2
LRCX Lam Research Corporation - Common Stock $39,974,693 4.35% 92,250 $18,555,278 Down ×1
BRKB $27,934,772 3.04% 55,826 $329,977 Down ×2
ABBV AbbVie Inc. Common Stock $27,492,677 2.99% 109,254 $3,464,599 Down ×2
ORCL Oracle Corporation Common Stock $25,983,755 2.83% 177,303 $-2,663,711 Down ×3
JNJ Johnson & Johnson Common Stock $22,346,820 2.43% 87,990 $-28,729 Down ×3
AMZN Amazon.com, Inc. - Common Stock $22,342,230 2.43% 93,741 $4,490,575 Up ×4
AMLP $17,309,863 1.88% 333,845 $-461,138 Down ×1
GLD $16,782,656 1.83% 45,558 $-5,560,583 Down ×1
PM Philip Morris International Inc Common Stock $15,620,674 1.70% 86,345 $1,327,858 Down ×1
BHP BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) $14,938,649 1.62% 179,314 $1,341,434 Down ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $12,990,100 1.41% 31,254 $4,600,728 Up ×4
CVX Chevron Corporation Common Stock $11,875,378 1.29% 71,642 $-3,414,118 Down ×1
JPM JP Morgan Chase & Co. Common Stock $10,900,744 1.19% 33,302 $2,610,727 Up ×1
PEP PepsiCo, Inc. - Common Stock $9,601,079 1.04% 70,909 $-1,599,057 Down ×6
VOO $9,006,140 0.98% 13,113 $1,162,101 Down ×1
CSCO Cisco Systems, Inc. - Common Stock $8,625,675 0.94% 73,435 $2,873,540 Down ×1
UNP Union Pacific Corporation Common Stock $8,293,280 0.90% 30,490 $656,815 Down ×1
AEM Agnico Eagle Mines Limited Common Stock $7,868,194 0.86% 50,720 $-3,263,229 Down ×1
AMD Advanced Micro Devices, Inc. - Common Stock $7,609,921 0.83% 13,100 $4,944,988
IVOO $7,210,468 0.78% 55,295 $2,089,504 Up ×2
Unknown issuer (CUSIP: 30233Q108) $7,167,546 0.78% 52,425 Up ×1
AON Aon plc Class A Ordinary Shares (Ireland) $7,086,557 0.77% 21,365 $190,362
AVGO Broadcom Inc. - Common Stock $6,527,520 0.71% 17,280 $933,127 Down ×2
Unknown issuer (CUSIP: 438516205) $6,462,090 0.70% 28,862 Up ×1
MRK Merck & Company, Inc. Common Stock (new) $6,457,989 0.70% 50,257 $412,608
Unknown issuer (CUSIP: 43849R105) $6,380,700 0.69% 28,862 Up ×1
GS Goldman Sachs Group, Inc. (The) Common Stock $5,107,419 0.56% 5,050 $835,169
DHR Danaher Corporation Common Stock $4,773,429 0.52% 25,060 $-1,669,937 Down ×2
VZ Verizon Communications Inc. Common Stock $4,657,823 0.51% 110,010 $-1,017,789 Down ×5
CVS CVS Health Corporation Common Stock $4,579,007 0.50% 44,263 $1,153,408 Down ×3
NEE NextEra Energy, Inc. Common Stock $4,565,971 0.50% 52,022 $-300,662 Down ×1
KO Coca-Cola Company (The) Common Stock $3,547,354 0.39% 43,649 $41,677 Down ×1
AMGN Amgen Inc. - Common Stock $3,385,822 0.37% 9,350 $-44,716 Down ×4
META Meta Platforms, Inc. - Class A Common Stock $3,162,873 0.34% 5,615 $-26,752 Up ×1
DELL Dell Technologies Inc. Class C Common Stock $3,115,141 0.34% 7,220 $1,722,006 Down ×1
COP ConocoPhillips Common Stock $3,030,330 0.33% 29,149 $-888,618 Down ×3
ADP Automatic Data Processing, Inc. - Common Stock $3,000,930 0.33% 13,400 $-423,059 Down ×3
DE Deere & Company Common Stock $2,943,291 0.32% 4,640 $309,863 Down ×1
PG Procter & Gamble Company (The) Common Stock $2,868,865 0.31% 19,564 $43,041
BDX Becton, Dickinson and Company Common Stock $2,533,113 0.28% 16,739 $-386,491 Down ×2
SPY SPY $2,524,762 0.27% 3,381 $308,987 Down ×2
CPAY Corpay, Inc. Common Stock $2,399,544 0.26% 7,200 $304,416
NVDA NVIDIA Corporation - Common Stock $2,227,002 0.24% 11,130 $700,130 Up ×5
ACN Accenture plc Class A Ordinary Shares (Ireland) $1,935,042 0.21% 15,550 $-4,485,786 Down ×3
CAT Caterpillar, Inc. Common Stock $1,916,820 0.21% 1,800 $641,592
SLV $1,898,720 0.21% 35,510 $-984,283 Down ×2
IVV $1,830,287 0.20% 2,444 $210,979 Down ×1
Unknown issuer (CUSIP: 922908710) $1,583,459 0.17% 2,288 $177,735 Down ×1
LLY Eli Lilly and Company Common Stock $1,548,464 0.17% 1,291 $34,523 Down ×1
RIO Rio Tinto Plc Common Stock $1,537,866 0.17% 16,200 $7,910 Down ×1
WMT Walmart Inc. - Common Stock $1,384,604 0.15% 12,225 $-184,431 Down ×1
QQQ Invesco QQQ Trust, Series 1 $1,348,348 0.15% 1,831 $430,055 Up ×1
LMT Lockheed Martin Corporation Common Stock $1,304,218 0.14% 2,560 $-756,752 Down ×1
MCD McDonald's Corporation Common Stock $1,244,237 0.14% 4,603 $-208,085 Down ×1
QUAL $1,206,865 0.13% 5,500 $151,910
SYK Stryker Corporation Common Stock $1,164,908 0.13% 3,700 $-346,606 Down ×3
NKE Nike, Inc. Common Stock $1,043,081 0.11% 25,410 $-2,348,491 Down ×1
DUK Duke Energy Corporation (Holding Company) Common Stock $1,038,969 0.11% 8,208 $-101,257 Down ×1
EMR Emerson Electric Company Common Stock $1,023,523 0.11% 7,150 $168,617 Up ×2
MA Mastercard Incorporated Common Stock $975,840 0.11% 1,900 $-4,114,696 Down ×2
HPE Hewlett Packard Enterprise Company Common Stock $902,200 0.10% 20,000 $526,002 Up ×1
WAT Waters Corporation Common Stock $831,839 0.09% 2,218 $-27,612 Down ×1
PCAR PACCAR Inc. - Common Stock $756,756 0.08% 6,300 $306,306 Up ×1
LIN Linde plc - Ordinary Shares $734,300 0.08% 1,415 $32,800
PANW Palo Alto Networks, Inc. - Common Stock $682,040 0.07% 2,000 $297,272 Down ×2
ACMR ACM Research, Inc. - Class A Common Stock $678,862 0.07% 5,350 $468,339
DT Dynatrace, Inc. Common Stock $658,650 0.07% 15,000 $103,950
FDX FedEx Corporation Common Stock $657,573 0.07% 2,100 $-90,405
PFE Pfizer, Inc. Common Stock $634,508 0.07% 26,350 $-141,904 Down ×3
KVUE Kenvue Inc. Common Stock $624,629 0.07% 32,686 $61,122
NVS Novartis AG Common Stock $618,574 0.07% 3,947 $395 Down ×2
Unknown issuer (CUSIP: 922908694) $578,074 0.06% 3,095 $94,860
HII Huntington Ingalls Industries, Inc. Common Stock $573,775 0.06% 2,050 $-360,779 Down ×1
MMM 3M Company Common Stock $572,514 0.06% 3,536 $58,981
TMO Thermo Fisher Scientific Inc Common Stock $551,496 0.06% 1,100 $10,813
RGLD Royal Gold, Inc. - Common Stock $499,025 0.05% 2,500 $-137,200
VLTO Veralto Corp Common Stock $491,819 0.05% 5,546 $1,442
ALAB Astera Labs, Inc. - Common Stock $483,020 0.05% 1,000 $154,220 Down ×1
SLB SLB Limited Common Shares $464,900 0.05% 10,000 $-123,516 Down ×1
WDOFF $456,178 0.05% 26,550 $-86,276 Down ×1
CL Colgate-Palmolive Company Common Stock $451,066 0.05% 4,920 $14,688 Down ×1
SO Southern Company (The) Common Stock $443,042 0.05% 4,629 $-3,749
PCT PureCycle Technologies, Inc. - Common stock $437,940 0.05% 54,000 $121,350 Down ×1
HD Home Depot, Inc. (The) Common Stock $437,323 0.05% 1,240 $26,210 Down ×1
Unknown issuer (CUSIP: 399874106) $422,530 0.05% 4,799 $63,828 Down ×1
SCHW Charles Schwab Corporation (The) Common Stock $387,534 0.04% 4,200 $161,982 Up ×1
NXE Nexgen Energy Ltd. Common Shares $384,990 0.04% 41,000 $-90,610
BLK BlackRock, Inc. Common Stock $384,624 0.04% 400 $-60
ADBE Adobe Inc. - Common Stock $363,911 0.04% 1,775 $-602,575 Down ×1
Unknown issuer (CUSIP: 922908728) $360,360 0.04% 2,000 $47,900
NSRGY $359,415 0.04% 3,500 $-120,229 Down ×2
EPD Enterprise Products Partners L.P. Common Stock $351,058 0.04% 9,550 $-10,314
FITB Fifth Third Bancorp - Common Stock $350,734 0.04% 6,222 $61,660
ROST Ross Stores, Inc. - Common Stock $319,275 0.03% 1,500 $-81,491 Down ×1

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
AMZN $22,342,230 2.43% up ×4
UNH $12,990,100 1.41% up ×4
NVDA $2,227,002 0.24% up ×5

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
Unknown issuer (CUSIP: 30233Q108) $7,167,546 52,425 0.78%
Unknown issuer (CUSIP: 438516205) $6,462,090 28,862 0.70%
Unknown issuer (CUSIP: 43849R105) $6,380,700 28,862 0.69%
AMAT $240,036 332 0.03%
VEEV $239,585 1,350 0.03%
ACIW $232,591 4,625 0.03%
INTC $223,408 1,600 0.02%
WFC $206,600 2,500 0.02%
AXP $202,950 600 0.02%

Top movers (QoQ)

Security Action Shares Δ Value Δ
GOOGL Trimmed -5K +$21.1M
GOOG Trimmed -7K +$20.3M
LRCX Trimmed -8K +$18.6M
AAPL Trimmed -1K +$7.2M
GLD Trimmed -6K -$5.6M
AMD Price move only +0 +$4.9M
UNH Bought more +250 +$4.6M
COST Trimmed -2K -$4.5M
AMZN Bought more +8K +$4.5M
ACN Trimmed -17K -$4.5M

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.

SecurityQuarter Shares before Value before Price since exit
HON June 30, 2026 61,236 $13,841,173 -1.9%
XOM June 30, 2026 53,360 $9,053,058 21.7%
VTWO June 30, 2026 17,000 $1,702,890
DIS June 30, 2026 14,982 $1,443,965 11.3%
CMCSA Dec. 31, 2025 45,950 $1,443,761 -5.5%
RSP March 31, 2026 6,250 $1,197,250 No longer tracked
FANG March 31, 2026 2,900 $435,957 7.0%
CI Dec. 31, 2025 1,353 $390,002 0.6%
THC Sept. 30, 2025 1,905 $335,280 35.2%
CMA March 31, 2026 3,334 $289,825 No longer tracked
DORM Dec. 31, 2025 1,580 $246,290 7.3%
REZI Dec. 31, 2025 5,500 $237,490 -42.0%
WFC March 31, 2026 2,500 $233,000 6.3%
ACIW March 31, 2026 4,625 $221,121 25.6%
SIVR June 30, 2026 3,000 $214,830 No longer tracked
OKE Sept. 30, 2025 2,581 $210,687 29.9%
TPB March 31, 2026 1,940 $210,296 0.5%
OVV Dec. 31, 2025 5,000 $201,900 70.5%
KD Sept. 30, 2025 4,770 $200,149 -58.7%
SYK June 30, 2025 6,550 $2,438 -16.4%
DUKXXXX June 30, 2025 9,838 $1,200 No longer tracked
PANW June 30, 2025 5,700 $973 68.1%
LINXXXX June 30, 2025 1,415 $659 No longer tracked
QQQ June 30, 2025 1,399 $656
BLKXXXX June 30, 2025 400 $379 No longer tracked
AMT June 30, 2025 1,650 $359 -20.1%
ICSH June 30, 2025 7,060 $358 No longer tracked
EIX March 31, 2025 3,903 $312 25.3%
ROST March 31, 2025 1,750 $265 86.5%
TTE June 30, 2025 3,924 $254 48.1%
A March 31, 2025 1,880 $253 33.7%
BA March 31, 2025 1,243 $220 25.8%
DORM June 30, 2025 1,810 $218 7.7%
CEIX March 31, 2025 1,980 $211 No longer tracked
CMA March 31, 2025 3,334 $206 No longer tracked
MCHP March 31, 2025 3,500 $201 57.7%
VMD June 30, 2025 20,000 $146 25.2%
SLVYY June 30, 2025 31,700 $111 No longer tracked