Q1 2026 13F · SEC CIK 1760444

Old North State Trust, LLC

Investment managerFiled 2026-05-13 for Q1 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $168.4M
Reported positions: 150
Top holdings a year, 3 yrs: +16.5%
Average holding period: 5.6 yrs

Old North State Trust, LLC is an investment manager that reported 150 positions worth $168.4M in its Q1 2026 13F, filed 2026-05-13. Its largest holdings were Apple Inc (AAPL, 8.3%), Spdr S&p 500 ETF Tr (SPY, 6.4%), Nvidia Corporation Com (NVDA, 5.2%). A portfolio copying its top holdings returned 16.5% a year over the last 3 years, against 20.4% for the S&P 500.

Old North State Trust, LLC holdings largest 50 of 150 positions.

Weights are shares of the filer's total reported 13F value, compared with Q4 2025. 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.

Old North State Trust, LLC 13F holdings
Stock	% of 13F value	Q4 2025	Shares	Share change	Reported value
AAPLApple Inc	8.3%	8.8%	55,404	+1.3%	$14.1M
SPYSpdr S&p 500 ETF Tr	6.4%	6.7%	16,665	+0.3%	$10.8M
NVDANvidia Corporation Com	5.2%	5.4%	49,902	+1.2%	$8.7M
LLYLilly Eli & Co	4.1%	4.7%	7,545	+1.8%	$6.9M
MSFTMicrosoft Corp	3.1%	4.0%	14,061	+1.2%	$5.2M
COSTCostco Whsl Corp New	2.4%	2.0%	4,118	+2.8%	$4.1M
DUKDuke Energy	2.4%	2.1%	30,541	-0.6%	$4.0M
IVVIshares Core S&p 500 ETF	2.1%	2.2%	5,396	+0.0%	$3.5M
TSMTaiwan Semiconductor Manufac	1.9%	1.6%	9,600	+5.7%	$3.2M
SOSouthern Co.	1.6%	1.5%	28,662	+1.1%	$2.8M
IBMInternational Business Machs	1.5%	1.7%	10,209	+3.6%	$2.5M
VZVerizon Communications Inc Com	1.3%	1.1%	44,415	-5.4%	$2.2M
METAMeta Platforms Inc Class A	1.3%	1.4%	3,854	+10.6%	$2.2M
MAMastercard Inc.	1.3%	1.3%	4,308	+15.7%	$2.2M
TFCTruist Financial Ord Shs	1.3%	1.4%	45,875	-7.3%	$2.1M
XOMExxon Mobil Corp	1.2%	0.9%	12,251	-6.7%	$2.1M
GOOGAlphabet Inc	1.1%	0.8%	6,574	+45.6%	$1.9M
ANETArista Networks Inc	1.1%	1.1%	15,360	+7.6%	$1.9M
CSCOCisco Sys Inc	1.1%	1.1%	23,969	-0.6%	$1.9M
AJGGallagher Arthur J & Co	1.1%	1.3%	8,193	-1.5%	$1.8M
SPLVInvesco Exch Traded Fd Tr II	1.0%	1.0%	24,155	+0.0%	$1.8M
AMZNAmazon Com Inc Com	1.0%	1.1%	8,370	+7.3%	$1.7M
PGProcter & Gamble Co Com	1.0%	1.1%	11,940	-5.4%	$1.7M
PWRQuanta Svcs Inc Com	1.0%	0.7%	3,136	+9.3%	$1.7M
NFLXNetflix Inc Total	1.0%	0.8%	17,374	+23.4%	$1.7M
JPMJpmorgan Chase & Co	1.0%	1.1%	5,491	-1.6%	$1.6M
ABBVAbbvie Inc	0.9%	1.0%	7,236	-0.5%	$1.6M
WMTWalmart Inc	0.9%	0.8%	12,646	+0.0%	$1.6M
AMPAmeriprise Finl Inc	0.9%	0.9%	3,444	+5.3%	$1.5M
VEAVanguard Tax-Managed Fds	0.9%	1.4%	23,628	-37.9%	$1.5M
IJRIshares Core S&p Small Cap ETF	0.9%	0.8%	11,941	-0.2%	$1.5M
IUSBIshares Core Universal Usd Bond ETF	0.9%	1.2%	32,015	-28.1%	$1.5M
RYRoyal Bank of Canada	0.9%	0.9%	8,858	+0.1%	$1.4M
JNJJohnson & Johnson	0.8%	0.7%	5,834	-0.5%	$1.4M
BXBlackstone Inc Com	0.8%	1.0%	11,473	+5.4%	$1.3M
IWMIshares	0.8%	0.8%	5,198	-0.8%	$1.3M
KOCoca Cola Co	0.7%	0.7%	16,536	-1.8%	$1.3M
DVYiShares Select Dividend ETF Total	0.7%	0.7%	8,228	-0.9%	$1.2M
HDHome Depot Inc Com	0.7%	0.7%	3,771	+8.4%	$1.2M
TMUST-Mobile US Inc	0.7%	0.7%	5,847	+6.9%	$1.2M
AMDAdvanced Micro Devices Inc	0.7%	0.7%	5,871	+11.6%	$1.2M
PSXPhillips 66	0.7%	—	6,087	—	$1.1M
TOLToll Brothers Inc Com	0.6%	0.6%	7,784	+4.7%	$1.1M
MRKMerck & Co. Inc	0.6%	0.5%	8,463	-1.9%	$1.0M
MDYState Street Spdr S&p Midcap 400 ETF Tru	0.6%	0.6%	1,648	+0.0%	$1.0M
AMGNAmgen Inc Com	0.6%	—	2,849	—	$1.0M
RSPInvesco S&p 500 Equal Weight ETF	0.6%	0.6%	4,985	+0.0%	$957K
QQQInvesco Qqq Tr	0.6%	0.6%	1,650	+6.7%	$952K
AVGOBroadcom Inc	0.6%	0.7%	3,068	-7.7%	$950K
DKSDicks Sporting Goods Inc Com	0.5%	0.6%	4,583	-11.5%	$909K

What Old North State Trust, LLC bought and sold in Q1 2026, against Q4 2025.

New positions

Q4 2025's filing was too long to tell new positions apart.

Share counts compared with the Q4 2025 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: +16.9% /yr; S&P 500 +20.1%
3 years: +16.5% /yr; S&P 500 +20.4%
5 years: +8.6% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 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
Q1 2026	$168.4M	150
Q4 2025	$169.1M	146
Q3 2025	$164.2M	147
Q2 2025	$146.3M	141
Q1 2025	$157.2M	135
Q4 2024	$157.2M	135
Q3 2024	$123.0M	133
Q2 2024	$115.8M	129
Q1 2024	$118.3M	132
Q3 2023	$128.3M	144
Q2 2023	$135.3M	148
Q1 2023	$144.5M	450

Questions about Old North State Trust, LLC's portfolio

What stocks does Old North State Trust, LLC own?

Old North State Trust, LLC's latest 13F, for Q1 2026 and filed May 13, 2026, lists 150 positions worth $168.4M. The largest are Apple Inc (AAPL) at 8.3%, Spdr S&p 500 ETF Tr (SPY) at 6.4%, Nvidia Corporation Com (NVDA) at 5.2%, Lilly Eli & Co (LLY) at 4.1% and Microsoft Corp (MSFT) at 3.1%.

What did Old North State Trust, LLC buy last quarter?

In Q1 2026, Old North State Trust, LLC added Alphabet Inc (GOOG) (+45.6% shares), Netflix Inc Total (NFLX) (+23.4% shares) and Mastercard Inc. (MA) (+15.7% shares), compared with its Q4 2025 filing.

What did Old North State Trust, LLC sell last quarter?

In Q1 2026, Old North State Trust, LLC cut from its top 50 Lowes Cos Inc (LOW), cut from its top 50 Berkshire Hathaway Inc Del (BRK-B), Vanguard Tax-Managed Fds (VEA) (-37.9% shares), Ishares Core Universal Usd Bond ETF (IUSB) (-28.1% shares) and Dicks Sporting Goods Inc Com (DKS) (-11.5% shares), compared with its Q4 2025 filing.

How has Old North State Trust, LLC's portfolio performed?

A portfolio copying Old North State Trust, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +16.5% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +16.9% against +20.1%. Over 5 years: +8.6% a year against +11.6%.

When is Old North State Trust, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Old North State Trust, LLC's filing for the quarter ending Jun 30, 2026 was due by Aug 14, 2026; this page updates once it is processed.