Q3 2025 · 13F-HR
DAVIDSON INVESTMENT ADVISORSholdings as filed
Filed 2025-10-21 · accession 0001140771-25-000008
$2.36B
Reported value
122
Positions
2025-09-30
Period end
The Brief · DAVIDSON INVESTMENT ADVISORS · Q3 2025
AI · grounded in 13F
Davidson Investment Advisors established a new position in IXUS valued at $165.7M. The fund also initiated new stakes in MSFT for $111.7M and GOOG for $109.6M. Additional new positions include AMZN at $95.7M and AAPL at $92.5M. The fund ended the period with 122 positions and total AUM of $2.36B.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 46432F834 | IXUS | ISHARES TR | $165.7M | 7.03% | 2,006,552 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $111.7M | 4.74% | 215,609 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $109.6M | 4.65% | 449,877 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $95.7M | 4.06% | 435,893 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $92.5M | 3.92% | 363,142 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR | $60.6M | 2.57% | 217,094 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORP | $56.0M | 2.38% | 300,018 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $46.8M | 1.99% | 141,818 | Common | SOLE |
| 504922105 | LH | LABCORP HOLDINGS INC | $46.0M | 1.95% | 160,103 | Common | SOLE |
| 75513E101 | RTX | RTX CORPORATION | $45.8M | 1.94% | 273,867 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $44.4M | 1.89% | 437,645 | Common | SOLE |
| 00123Q104 | AGNC | AGNC INVT CORP | $42.1M | 1.78% | 4,295,811 | Common | SOLE |
| 438516106 | HON | HONEYWELL INTL INC | $40.2M | 1.71% | 191,037 | Common | SOLE |
| 816851109 | SRE | SEMPRA | $39.5M | 1.68% | 439,147 | Common | SOLE |
| G5960L103 | MDT | MEDTRONIC PLC | $35.8M | 1.52% | 376,002 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $32.7M | 1.39% | 27,298 | Common | SOLE |
| G29183103 | ETN | EATON CORPORATION | $31.3M | 1.33% | 83,578 | Common | SOLE |
| 92826C839 | V | VISA INC | $30.8M | 1.31% | 90,112 | Common | SOLE |
| 040413205 | ANET | ARISTA NETWORKS IN | $30.2M | 1.28% | 207,190 | Common | SOLE |
| 461202103 | INTU | INTUIT | $29.8M | 1.26% | 43,627 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $29.4M | 1.25% | 39,997 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $29.0M | 1.23% | 280,996 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $27.3M | 1.16% | 67,255 | Common | SOLE |
| 921935508 | VFMO | VANGUARD U.S | $26.8M | 1.14% | 139,778 | Common | SOLE |
| 38141G104 | GS | GOLDMAN SACHS GROUP | $26.6M | 1.13% | 33,441 | Common | SOLE |
| 375916103 | GIL | GILDAN ACTIVEWEAR | $26.4M | 1.12% | 456,503 | Common | SOLE |
| 68902V107 | OTIS | OTIS WORLDWIDE CORP | $26.3M | 1.12% | 287,918 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYSTEMS INC | $25.1M | 1.07% | 367,060 | Common | SOLE |
| 92532F100 | VRTX | VERTEX PHARMA | $24.4M | 1.04% | 62,421 | Common | SOLE |
| 872590104 | TMUS | T-MOBILE US INC | $24.1M | 1.02% | 100,658 | Common | SOLE |
| 808513105 | SCHW | SCHWAB CHARLES CORP | $23.3M | 0.99% | 244,491 | Common | SOLE |
| 464286681 | EUSA | ISHARES MSCI USA | $23.0M | 0.98% | 223,608 | Common | SOLE |
| 34959E109 | FTNT | FORTINET INC | $22.5M | 0.95% | 267,194 | Common | SOLE |
| 032654105 | ADI | ANALOG DEVICES INC | $22.2M | 0.94% | 90,400 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORP | $21.8M | 0.93% | 140,583 | Common | SOLE |
| 268150109 | DT | DYNATRACE HOLDINGS L | $21.6M | 0.92% | 446,181 | Common | SOLE |
| 743315103 | PGR | PROGRESSIVE CORP | $21.4M | 0.91% | 86,597 | Common | SOLE |
| G3265R107 | APTV | APTIV PLC | $21.3M | 0.90% | 246,675 | Common | SOLE |
| 060505104 | BAC | BANK OF AMERICA CORP | $20.7M | 0.88% | 401,546 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $20.7M | 0.88% | 87,189 | Common | SOLE |
| 31428X106 | FDX | FEDEX CORP | $20.6M | 0.88% | 87,558 | Common | SOLE |
| 075887109 | BDX | BECTON DICKINSON | $20.6M | 0.87% | 109,876 | Common | SOLE |
| 896239100 | TRMB | TRIMBLE INC | $20.4M | 0.87% | 249,898 | Common | SOLE |
| 747525103 | QCOM | QUALCOMM INC | $20.0M | 0.85% | 120,421 | Common | SOLE |
| 26875P101 | EOG | EOG RESOURCES INC | $19.5M | 0.83% | 174,137 | Common | SOLE |
| 826919102 | SLAB | SILICON LABS INC | $19.3M | 0.82% | 146,926 | Common | SOLE |
| 125523100 | CI | THE CIGNA GROUP | $19.2M | 0.82% | 66,719 | Common | SOLE |
| 126650100 | CVS | CVS HEALTH CORP | $19.2M | 0.82% | 255,001 | Common | SOLE |
| 097023105 | BA | BOEING CO | $18.9M | 0.80% | 87,546 | Common | SOLE |
| 229663109 | CUBE | CUBESMART | $18.7M | 0.79% | 460,024 | Common | SOLE |
| 046353108 | AZNN | ASTRAZENECA | $18.3M | 0.78% | 238,596 | Common | SOLE |
| 28414H103 | ELAN | ELANCO ANIMAL HEALTH | $18.2M | 0.77% | 904,101 | Common | SOLE |
| 922907746 | VTEB | VANGUARD MUN BD FD | $18.1M | 0.77% | 361,914 | Common | SOLE |
| 30161N101 | EXC | EXELON CORP | $17.9M | 0.76% | 398,703 | Common | SOLE |
| 70450Y103 | PYPL | PAYPAL HLDGS INC | $17.9M | 0.76% | 267,363 | Common | SOLE |
| 548661107 | LOW | LOWES CO | $17.8M | 0.75% | 70,698 | Common | SOLE |
| 133131102 | CPT | CAMDEN PPTY TR | $17.5M | 0.74% | 163,918 | Common | SOLE |
| 92189H201 | ITM | VANECK ETF TR | $17.2M | 0.73% | 369,734 | Common | SOLE |
| 22052L104 | CTVA | CORTEVA INC | $17.0M | 0.72% | 251,940 | Common | SOLE |
| 655844108 | NSC | NORFOLK SOUTHERN | $16.6M | 0.70% | 55,224 | Common | SOLE |
| 842587107 | SO | SOUTHERN CO | $16.3M | 0.69% | 172,167 | Common | SOLE |
| 88146M101 | TRNO | TERRENO RLTY CORP | $15.8M | 0.67% | 278,223 | Common | SOLE |
| 45866F104 | ICE | INTER CONTINENTAL EX | $15.7M | 0.67% | 93,112 | Common | SOLE |
| 718172109 | PM | PHILIP MORRIS INTL | $15.5M | 0.66% | 95,868 | Common | SOLE |
| 21036P108 | STZ | CONSTELLATION BRANDS | $15.4M | 0.65% | 114,161 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $15.1M | 0.64% | 592,531 | Common | SOLE |
| 517834107 | LVS | LAS VEGAS SANDS CORP | $14.5M | 0.62% | 269,601 | Common | SOLE |
| 20030N101 | CMCSA | COMCAST CORP | $14.2M | 0.60% | 452,318 | Common | SOLE |
| 110122108 | BMY | BRISTOL MYERS SQUIBB | $13.7M | 0.58% | 303,353 | Common | SOLE |
| 46641Q654 | JMST | JPMORGAN | $12.9M | 0.55% | 252,181 | Common | SOLE |
| 32055Y201 | FIBK | FIRST INTST BANCSYS | $12.9M | 0.55% | 403,846 | Common | SOLE |
| 359694106 | FUL | FULLER H B CO | $12.8M | 0.54% | 215,554 | Common | SOLE |
| 07831C103 | BRBR | BELLRING BRANDS INC | $10.8M | 0.46% | 296,775 | Common | SOLE |
| 448579102 | H | HYATT HOTELS CORP | $10.0M | 0.42% | 70,390 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $9.7M | 0.41% | 178,390 | Common | SOLE |
| 00724F101 | ADBE | ADOBE INC | $9.7M | 0.41% | 27,402 | Common | SOLE |
| G54950103 | LIN | LINDE PLC | $9.4M | 0.40% | 19,785 | Common | SOLE |
| 938824109 | WAFD | WAFD INC | $9.4M | 0.40% | 309,140 | Common | SOLE |
| 46434V621 | DGRO | ISHARES TR | $9.1M | 0.39% | 133,335 | Common | SOLE |
| 25278X109 | FANG | DIAMONDBACK ENERGY | $8.2M | 0.35% | 57,585 | Common | SOLE |
| 921946406 | VYM | VANGUARD WHITEHALL F | $8.2M | 0.35% | 57,911 | Common | SOLE |
| 459506101 | IFF | INTL FLAVORS & FRAGR | $7.6M | 0.32% | 122,984 | Common | SOLE |
| 464287150 | ITOT | ISHARES TRUST CORE | $7.3M | 0.31% | 50,196 | Common | SOLE |
| 464288414 | MUB | ISHARES TR | $5.6M | 0.24% | 52,707 | Common | SOLE |
| 922908751 | VB | VANGUARD INDEX TR | $5.6M | 0.24% | 21,976 | Common | SOLE |
| 464288687 | PFF | ISHARES TR | $3.6M | 0.15% | 112,347 | Common | SOLE |
| 78468R739 | SHM | SPDR SER TR | $2.9M | 0.12% | 61,025 | Common | SOLE |
| 922908769 | VTI | VANGUARD INDEX TR | $1.5M | 0.07% | 4,672 | Common | SOLE |
| 464288356 | CMF | ISHARES TR | $1.3M | 0.06% | 23,653 | Common | SOLE |
| 46435G326 | IDEV | ISHARES TR | $1.3M | 0.06% | 16,658 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO | $1.3M | 0.05% | 4,093 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $1.2M | 0.05% | 4,920 | Common | SOLE |
| 464287507 | IJH | ISHARES TRUST | $1.2M | 0.05% | 17,719 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $1.1M | 0.05% | 6,099 | Common | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP | $820,805 | 0.03% | 887 | Common | SOLE |
| 92206C599 | VTHR | VANGUARD SCOTTSDAL | $779,063 | 0.03% | 2,647 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $691,389 | 0.03% | 1,945 | Common | SOLE |
| 00287y109 | — | ABBVIE INC | $677,718 | 0.03% | 2,927 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $619,818 | 0.03% | 1,299 | Common | SOLE |
| 46434V613 | IUSB | ISHARES TR | $545,479 | 0.02% | 11,678 | Common | SOLE |
| 617446448 | MS | MORGAN STANLEY | $544,756 | 0.02% | 3,427 | Common | SOLE |
| 922908363 | VOO | VANGUARD INDEX FDS | $521,135 | 0.02% | 851 | Common | SOLE |
| 863667101 | SYK | STRYKER CORP | $500,903 | 0.02% | 1,355 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $457,015 | 0.02% | 1,625 | Common | SOLE |
| 03769M106 | APO | APOLLO GLOBAL MGMT | $430,729 | 0.02% | 3,232 | Common | SOLE |
| 002824100 | ABT | ABBOTT LABS | $405,570 | 0.02% | 3,028 | Common | SOLE |
| 464287804 | IJR | ISHARES TR | $398,081 | 0.02% | 3,350 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $391,354 | 0.02% | 880 | Common | SOLE |
| 921909768 | VXUS | VANGUARD STAR FUND | $382,851 | 0.02% | 5,212 | Common | SOLE |
| 464287689 | IWV | ISHARES | $341,046 | 0.01% | 900 | Common | SOLE |
| 921910816 | MGK | VANGUARD WORLD FD | $313,888 | 0.01% | 780 | Common | SOLE |
| 92206C870 | VCIT | VANGUARD | $307,002 | 0.01% | 3,650 | Common | SOLE |
| 464287614 | IWF | ISHARES | $296,504 | 0.01% | 633 | Common | SOLE |
| 244199105 | DE | DEERE & CO | $280,758 | 0.01% | 614 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY | $278,518 | 0.01% | 554 | Common | SOLE |
| 464288646 | IGSB | ISHARES TR | $263,824 | 0.01% | 4,975 | Common | NONE |
| 464288323 | NYF | ISHARES TR | $263,602 | 0.01% | 4,941 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $258,478 | 0.01% | 388 | Common | SOLE |
| 921910873 | MGC | VANGUARD WORLD FD | $240,673 | 0.01% | 986 | Common | SOLE |
| 742718109 | PG | PROCTER AND GAMBLE | $232,933 | 0.01% | 1,516 | Common | SOLE |
| 532457108 | LLY | LILLY ELI & CO | $215,166 | 0.01% | 282 | Common | SOLE |
| 29444U700 | EQIX | EQUINIX INC | $202,076 | 0.01% | 258 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.