Q3 2026 13F · SEC CIK 1140771

Davidson Investment Advisors

Wealth managerFiled 2026-10-20 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $2.4B
Reported positions: 122
Top holdings a year, 3 yrs: +20.6%
Assets under management: $5.2B

Davidson Investment Advisors is a wealth manager that reported 122 positions worth $2.4B in its Q3 2026 13F, filed 2026-10-20. Its largest holdings were Ishares Tr (IXUS, 8.3%), Microsoft Corp (MSFT, 4.9%), Apple Inc (AAPL, 4.7%). A portfolio copying its top holdings returned 20.6% a year over the last 3 years, against 20.4% for the S&P 500.

Davidson Investment Advisors holdings largest 50 of 122 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Davidson Investment Advisors 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
IXUSIshares Tr	8.3%	8.3%	2,096,413	-1.2%	$199.1M
MSFTMicrosoft Corp	4.9%	3.7%	229,572	-5.4%	$117.7M
AAPLApple Inc	4.7%	4.0%	336,600	-1.5%	$112.1M
GOOGAlphabet Inc	4.7%	4.8%	326,976	-1.6%	$111.4M
AMZNAmazon Com Inc	4.6%	4.4%	440,391	-1.6%	$109.7M
TSMTaiwan Semiconductor Manufac	3.8%	3.9%	197,382	-1.4%	$90.0M
NVDANvidia Corporation	3.7%	3.2%	383,124	-1.5%	$87.5M
METAMeta Platforms Inc	2.8%	2.1%	93,267	+4.7%	$67.6M
ETNEaton Corp PLC	2.0%	2.0%	112,643	-0.4%	$48.4M
HHyatt Hotels Corp	1.9%	2.3%	279,859	-1.5%	$44.4M
AVGOBroadcom Inc	1.8%	2.0%	125,483	-2.4%	$44.1M
SRESempra	1.8%	1.6%	560,651	+35.2%	$43.7M
LHLabcorp Holdings Inc	1.7%	1.5%	130,815	-1.6%	$40.3M
VFMOVanguard Wellington Fd	1.7%	1.6%	174,188	+11.4%	$39.6M
ANETArista Networks Inc	1.6%	1.3%	185,274	-1.7%	$37.7M
CCitigroup Inc	1.5%	1.7%	283,385	-5.7%	$36.7M
VVisa Inc	1.5%	1.4%	100,581	-1.5%	$36.1M
SAROStandardaero Inc	1.4%	0.9%	1,617,255	+121.1%	$34.5M
ADIAnalog Devices Inc	1.4%	1.4%	83,170	-0.2%	$33.0M
CSCOCisco Sys Inc	1.3%	1.4%	292,912	-1.2%	$31.5M
PANWPalo Alto Networks Inc	1.3%	1.1%	75,959	-3.8%	$30.2M
AGNCAgnc Investment Corp	1.3%	1.5%	3,322,527	-1.4%	$30.1M
EUSAIshares Inc	1.2%	1.2%	265,991	+5.7%	$29.6M
TMOThermo Fisher Scientific Inc	1.1%	0.8%	38,232	-0.5%	$25.8M
CIThe Cigna Group	1.1%	1.1%	93,655	-1.8%	$25.5M
CVXChevron Corporation	1.1%	0.9%	124,480	-1.1%	$25.4M
HONAHoneywell Aerospace Inc	1.1%	—	162,554	—	$25.2M
VRTXVertex Pharmaceuticals Inc	1.0%	1.0%	47,760	-2.0%	$25.0M
DTDynatrace Inc	1.0%	0.7%	419,723	+0.5%	$24.2M
PGRProgressive Corp	1.0%	1.0%	110,973	-1.7%	$23.0M
GSGoldman Sachs Group Inc	0.9%	1.0%	24,251	-1.6%	$21.8M
WMTWalmart Inc	0.9%	1.0%	210,046	-1.9%	$21.8M
QCOMQualcomm Inc	0.9%	0.9%	118,527	-0.7%	$21.8M
CPTCamden Ppty Tr	0.9%	1.0%	214,298	-2.1%	$20.7M
BACBank of Amer Corp	0.9%	0.9%	379,507	-1.0%	$20.7M
VTEBVanguard Mun Bd Fds	0.8%	0.9%	428,276	+4.0%	$20.3M
EOGEog Res Inc	0.8%	0.8%	145,191	-8.8%	$20.0M
SCHWCharles Schwab Corp (the)	0.8%	0.9%	199,761	-15.0%	$19.5M
TRMBTrimble Inc	0.8%	—	332,627	—	$19.0M
BABoeing Co	0.8%	0.9%	101,719	-0.6%	$18.9M
CRMSalesforce Inc	0.8%	—	82,168	—	$18.9M
DHRDanaher Corp Del	0.8%	—	83,159	—	$18.4M
ICEIntercontinental Exchange Inc	0.8%	—	118,152	—	$18.0M
MDTMedtronic PLC	0.7%	1.1%	204,506	-41.3%	$17.6M
TRNOTerreno Rlty Corp	0.7%	—	273,245	—	$17.6M
CTVACorteva Inc	0.7%	0.8%	226,080	-1.7%	$17.6M
CVSCvs Health Corp	0.7%	1.0%	204,568	-16.3%	$17.5M
GILGildan Activewear Inc	0.7%	0.9%	408,307	-1.7%	$17.4M
OTISOtis Worldwide Corp	0.7%	0.8%	270,169	+2.9%	$17.4M
AZNAstrazeneca PLC	0.7%	0.8%	106,918	-1.6%	$17.3M

What Davidson Investment Advisors bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

SARO Standardaero Inc+121.1% shares
SRE Sempra+35.2% shares
VFMO Vanguard Wellington Fd+11.4% shares
EUSA Ishares Inc+5.7% shares

Reduced

MDT Medtronic PLC-41.3% shares
CVS Cvs Health Corp-16.3% shares
SCHW Charles Schwab Corp (the)-15.0% shares
EOG Eog Res Inc-8.8% shares
C Citigroup Inc-5.7% shares
MSFT Microsoft Corp-5.4% shares

Left the top 50

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +22.0% /yr; S&P 500 +20.1%
3 years: +20.6% /yr; S&P 500 +20.4%
5 years: +10.4% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$2.4B	122
Q2 2026	$2.4B	123
Q1 2026	$2.3B	126
Q4 2025	$2.4B	119
Q3 2025	$2.4B	122
Q2 2025	$2.2B	121
Q1 2025	$2.0B	120
Q4 2024	$2.1B	122
Q3 2024	$2.1B	118
Q2 2024	$1.9B	116
Q1 2024	$1.9B	115
Q4 2023	$1.7B	114

Questions about Davidson Investment Advisors's portfolio

What stocks does Davidson Investment Advisors own?

Davidson Investment Advisors's latest 13F, for Q3 2026 and filed Oct 20, 2026, lists 122 positions worth $2.4B. The largest are Ishares Tr (IXUS) at 8.3%, Microsoft Corp (MSFT) at 4.9%, Apple Inc (AAPL) at 4.7%, Alphabet Inc (GOOG) at 4.7% and Amazon Com Inc (AMZN) at 4.6%.

What did Davidson Investment Advisors buy last quarter?

In Q3 2026, Davidson Investment Advisors added Standardaero Inc (SARO) (+121.1% shares), Sempra (SRE) (+35.2% shares) and Vanguard Wellington Fd (VFMO) (+11.4% shares), compared with its Q2 2026 filing.

What did Davidson Investment Advisors sell last quarter?

In Q3 2026, Davidson Investment Advisors cut from its top 50 Rtx Corporation (RTX), cut from its top 50 Fedex Fght Hldg Co Inc (FDXF), cut from its top 50 Home Depot Inc (HD), cut from its top 50 Philip Morris Intl Inc (PM), cut from its top 50 Vaneck ETF Trust (ITM), Medtronic PLC (MDT) (-41.3% shares), Cvs Health Corp (CVS) (-16.3% shares) and Charles Schwab Corp (the) (SCHW) (-15.0% shares), compared with its Q2 2026 filing.

How has Davidson Investment Advisors's portfolio performed?

A portfolio copying Davidson Investment Advisors's 20 largest 13F holdings each quarter, from the day each filing was public, returned +20.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +22.0% against +20.1%. Over 5 years: +10.4% a year against +11.6%.

When is Davidson Investment Advisors's next 13F filing due?

13F filings are due 45 days after each quarter ends. Davidson Investment Advisors's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Davidson Investment Advisors manage?

Davidson Investment Advisors reported $5.2B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.4B.