DAVIDSON INVESTMENT ADVISORS
Sector Allocation
- Technology35.9%$860.0M
- Other15.5%$371.6M
- Healthcare10.5%$251.0M
- Financials8.9%$212.2M
- Consumer Discretionary8.4%$200.4M
- Industrials7.6%$181.0M
- Consumer Staples3.1%$73.5M
- Real Estate2.9%$68.7M
- Energy2.7%$64.6M
- Utilities1.9%$44.7M
AUM History
13fpro.ai/research/fund/davidson-investment-advisors-1140771
Conviction and streaks
Concentrating · top 10 = 41.3%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q3 2026
- ISHARES$199.1M
MSFT
$117.7MAAPL
$112.1MGOOG
$111.4MAMZN
$109.7MTSM
$90.0MNVDA
$87.5MMETA
$67.6METN
$48.4MH
$44.4MAVGO
$44.1MSRE
$43.7MLH
$40.3M- VANGUARD$39.6M
ANET
$37.7MC
$36.7MV
$36.1MSARO
$34.5MADI
$33.0MCSCO
$31.5M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/davidson-investment-advisors-1140771
DAVIDSON INVESTMENT ADVISORS 13F holdings — Q3 2026
$2.4B portfolio (-2.1% QoQ) · 122 holdings · Q3 2026 13F · top 10 are 41% of the stock portfolio
- 1
ISHARES TR - CORE MSCITOTAL
$199.1M
8.3% of stocks
-1%This quarter—Since filed—HeldAIQuality—Est. buy— $117.7M
4.9% of stocks
-5%This quarter-0.1%Since filed11+ qtrsHeld$112.1M
4.7% of stocks
-1%This quarter+2.2%Since filed11+ qtrsHeld$111.4M
4.7% of stocks
-2%This quarter-5.8%Since filed11+ qtrsHeld$109.7M
4.6% of stocks
-2%This quarter-3.6%Since filed11+ qtrsHeld$90.0M
3.8% of stocks
-1%This quarter+2.8%Since filed8 qtrsHeld$87.5M
3.6% of stocks
-2%This quarter+0.7%Since filed11+ qtrsHeld$67.6M
2.8% of stocks
+5%This quarter-10.7%Since filed8 qtrsHeld$48.4M
2.0% of stocks
-0.4%This quarter+0.6%Since filed11+ qtrsHeld$44.4M
1.9% of stocks
-1%This quarter-1.8%Since filed2 qtrsHeld
All holdings — DAVIDSON INVESTMENT ADVISORS (Q3 2026)
122 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | Broadcom Inc. | Technology | $44.1M | 1.8% | 125K | -2% | 9 qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | SEMPRA | Utilities | $43.7M | 1.8% | 561K | +35% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | LABCORP HOLDINGS INC. | Healthcare | $40.3M | 1.7% | 131K | -2% | 10 qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | — | VANGUARD U.S - MOMENTUM FACTOR ETFetf/fund | — | $39.6M | 1.6% | 174K | +11% | — | — | 13F |
| 15 | Arista Networks, Inc. | Technology | $37.7M | 1.6% | 185K | -2% | 8 qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | CITIGROUP INC | Financials | $36.7M | 1.5% | 283K | -6% | 11+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | VISA INC. | Financials | $36.1M | 1.5% | 101K | -2% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | StandardAero, Inc. | Industrials | $34.5M | 1.4% | 1.62M | +121% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | ANALOG DEVICES INC | Technology | $33.0M | 1.4% | 83K | -0.2% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | CISCO SYSTEMS, INC. | Technology | $31.5M | 1.3% | 293K | -1% | 11+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | Palo Alto Networks Inc | Technology | $30.2M | 1.3% | 76K | -4% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | AGNC Investment Corp. | Real Estate | $30.1M | 1.3% | 3.32M | -1% | 11+ qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | — | ISHARES MSCI USA - EQUAL WEIGHTED ETFetf/fund | — | $29.6M | 1.2% | 266K | +6% | — | — | 13F |
| 24 | THERMO FISHER SCIENTIFIC INC. | Healthcare | $25.8M | 1.1% | 38K | -0.5% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | Cigna Group | Healthcare | $25.5M | 1.1% | 94K | -2% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $CVX | CHEVRON CORP | Energy | $25.4M | 1.1% | 124K | -1% | |||
| 27 | $HONA | Honeywell Aerospace Inc. | Industrials | $25.2M | 1.1% | 163K | +205% | |||
| 28 | $VRTX | VERTEX PHARMACEUTICALS INC / MA | Healthcare | $25.0M | 1.0% | 48K | -2% | |||
| 29 | $DT | Dynatrace, Inc. | Technology | $24.2M | 1.0% | 420K | +0.5% | |||
| 30 | $PGR | PROGRESSIVE CORP/OH/ | Financials | $23.0M | 1.0% | 111K | -2% | |||
| 31 | $GS | GOLDMAN SACHS GROUP INC | Financials | $21.8M | 0.9% | 24K | -2% | |||
| 32 | $WMT | Walmart Inc. | Consumer Staples | $21.8M | 0.9% | 210K | -2% | |||
| 33 | $QCOM | QUALCOMM INC/DE | Technology | $21.8M | 0.9% | 119K | -0.7% | |||
| 34 | $CPT | CAMDEN PROPERTY TRUST | Real Estate | $20.7M | 0.9% | 214K | -2% | |||
| 35 | $BAC | BANK OF AMERICA CORP /DE/ | Financials | $20.7M | 0.9% | 380K | -1.0% | |||
| 36 | — | VANGUARD MUN BD FD - INC TAX-EXEMPT BD | — | $20.3M | 0.8% | 428K | +4% | |||
| 37 | $EOG | EOG RESOURCES INC | Energy | $20.0M | 0.8% | 145K | -9% | |||
| 38 | $SCHW | SCHWAB CHARLES CORP | Financials | $19.5M | 0.8% | 200K | -15% | |||
| 39 | $TRMB | TRIMBLE INC. | Technology | $19.0M | 0.8% | 333K | +0.3% | |||
| 40 | $BA | BOEING CO | Industrials | $18.9M | 0.8% | 102K | -0.6% | |||
| 41 | $CRM | Salesforce, Inc. | Technology | $18.9M | 0.8% | 82K | +3% | |||
| 42 | $DHR | DANAHER CORP /DE/ | Healthcare | $18.4M | 0.8% | 83K | New | |||
| 43 | $ICE | Intercontinental Exchange, Inc. | Financials | $18.0M | 0.8% | 118K | -0.6% | |||
| 44 | $MDT | Medtronic plc | Healthcare | $17.6M | 0.7% | 205K | -41% | |||
| 45 | $TRNO | Terreno Realty Corp | Real Estate | $17.6M | 0.7% | 273K | -0.7% | |||
| 46 | $CTVA | Corteva, Inc. | Consumer Staples | $17.6M | 0.7% | 226K | -2% | |||
| 47 | $CVS | CVS HEALTH Corp | Healthcare | $17.5M | 0.7% | 205K | -16% | |||
| 48 | $GIL | Gildan Activewear Inc. | Consumer Discretionary | $17.4M | 0.7% | 408K | -2% | |||
| 49 | $OTIS | Otis Worldwide Corp | Industrials | $17.4M | 0.7% | 270K | +3% | |||
| 50 | $AZN | ASTRAZENECA PLC | Healthcare | $17.3M | 0.7% | 107K | -2% | |||
| 51 | $PM | Philip Morris International Inc. | Consumer Staples | $17.2M | 0.7% | 90K | -22% | |||
| 52 | $NFLX | NETFLIX INC | Communication Services | $17.1M | 0.7% | 246K | -1% | |||
| 53 | $BMY | BRISTOL MYERS SQUIBB CO | Healthcare | $17.0M | 0.7% | 273K | -2% | |||
| 54 | — | VANECK ETF TR - AMT FREE INTMUNETF | — | $17.0M | 0.7% | 386K | -6% | |||
| 55 | $HD | HOME DEPOT, INC. | Consumer Discretionary | $16.9M | 0.7% | 60K | -3% | |||
| 56 | $FDXF | FedEx Freight Holding Company, Inc. | Industrials | $16.4M | 0.7% | 150K | -1% | |||
| 57 | $PFE | PFIZER INC | Healthcare | $16.1M | 0.7% | 564K | -1% | |||
| 58 | $CP | CANADIAN PACIFIC KANSAS CITY LTD/CN | Industrials | $15.9M | 0.7% | 187K | -0.7% | |||
| 59 | — | ISHARES TR - MSCI USA MMENTM | — | $15.3M | 0.6% | 48K | -2% | |||
| 60 | $ELAN | Elanco Animal Health Inc | Healthcare | $14.9M | 0.6% | 666K | -0.4% | |||
| 61 | $TMUS | T-Mobile US, Inc. | Communication Services | $14.6M | 0.6% | 89K | -3% | |||
| 62 | $LIN | LINDE PLC | Materials | $14.4M | 0.6% | 30K | +22% | |||
| 63 | $COF | CAPITAL ONE FINANCIAL CORP | Financials | $13.8M | 0.6% | 71K | New | |||
| 64 | $EQT | EQT Corp | Energy | $12.0M | 0.5% | 247K | -1% | |||
| 65 | $ZTS | Zoetis Inc. | Healthcare | $11.9M | 0.5% | 171K | +53% | |||
| 66 | $CCZ | COMCAST CORP | Communication Services | $11.6M | 0.5% | 532K | -3% | |||
| 67 | $GBCI | GLACIER BANCORP, INC. | Financials | $11.2M | 0.5% | 259K | -9% | |||
| 68 | $BURL | Burlington Stores, Inc. | Consumer Discretionary | $11.1M | 0.5% | 42K | New | |||
| 69 | — | ISHARES TR - CORE DIV GRWTH | — | $11.1M | 0.5% | 147K | -3% | |||
| 70 | $STZ | CONSTELLATION BRANDS, INC. | Consumer Staples | $10.9M | 0.5% | 96K | -17% | |||
| 71 | $INTU | INTUIT INC. | Technology | $10.6M | 0.4% | 39K | +2% | |||
| 72 | — | JPMORGAN - ULTRA-SHRT MUNICIPAL | — | $10.6M | 0.4% | 209K | -0.2% | |||
| 73 | $FUL | FULLER H B CO | Materials | $9.5M | 0.4% | 192K | -4% | |||
| 74 | — | ISHARES TRUST CORE - S&P TOTAL US STK MKT | — | $8.3M | 0.3% | 50K | +1% | |||
| 75 | $WAFD | WAFD INC | Financials | $8.3M | 0.3% | 277K | -2% | |||
| 76 | $EXE | EXPAND ENERGY Corp | Energy | $6.5M | 0.3% | 78K | +3% | |||
| 77 | $BRBR | BELLRING BRANDS, INC. | Consumer Staples | $4.9M | 0.2% | 635K | +4% | |||
| 78 | — | ISHARES TR - NATL AMT FREE MUNI B | — | $4.8M | 0.2% | 48K | -1.0% | |||
| 79 | — | VANGUARD INDEX TR - VM SMALL-CAP ETF | — | $4.3M | 0.2% | 15K | -25% | |||
| 80 | $RTX | RTX Corp | Industrials | $2.1M | 0.1% | 11K | -93% | |||
| 81 | — | SPDR SER TR - STATE STR NUVN ICE S | — | $1.9M | 0.1% | 40K | -7% | |||
| 82 | $JNJ | JOHNSON & JOHNSON | Healthcare | $1.9M | 0.1% | 7,108 | +2% | |||
| 83 | $GOOGL | Alphabet Inc. | Technology | $1.7M | 0.1% | 4,956 | -3% | |||
| 84 | — | VANGUARD INDEX TR - VM TOTAL STOCK MARKE | — | $1.5M | 0.1% | 4,052 | — | |||
| 85 | — | ISHARES TR - CALI AMT-FREE MUNI B | — | $1.4M | 0.1% | 26K | +0.2% | |||
| 86 | $JPM | JPMORGAN CHASE & CO | Financials | $1.4M | 0.1% | 4,102 | +1% | |||
| 87 | — | VANGUARD SCOTTSDAL - FDS VNG RUS3000IDX | — | $1.3M | 0.1% | 4,021 | +31% | |||
| 88 | $COST | COSTCO WHOLESALE CORP /NEW | Consumer Staples | $1.2M | 0.1% | 1,283 | +2% | |||
| 89 | $CAT | CATERPILLAR INC | Industrials | $1.2M | 0.1% | 1,431 | +3% | |||
| 90 | $ABBV | AbbVie Inc. | Healthcare | $906K | 0.0% | 3,463 | +3% | |||
| 91 | — | ISHARES TRUST - CORE S&P MID-CAP ETF | — | $701K | 0.0% | 9,747 | — | |||
| 92 | $MS | MORGAN STANLEY | Financials | $645K | 0.0% | 3,427 | — | |||
| 93 | — | VANGUARD INDEX FDS - S&P 500 ETF SHS | — | $629K | 0.0% | 898 | — | |||
| 94 | $SO | SOUTHERN CO | Utilities | $605K | 0.0% | 7,300 | — | |||
| 95 | — | ISHARES TR - CORE MSCI INTL | — | $576K | 0.0% | 6,437 | -10% | |||
| 96 | — | ISHARES TR - CORE UNIVERSAL USD | — | $545K | 0.0% | 12K | +1% | |||
| 97 | $FIBK | FIRST INTERSTATE BANCSYSTEM INC | Financials | $501K | 0.0% | 14K | -97% | |||
| 98 | — | VANGUARD INDEX TR - VM GROWTH ETF | — | $477K | 0.0% | 5,288 | New | |||
| 99 | $LOW | LOWES COMPANIES INC | Consumer Discretionary | $461K | 0.0% | 2,503 | -96% | |||
| 100 | — | ISHARES - RUSSELL 3000 ETF | — | $453K | 0.0% | 1,050 | — | |||
| 101 | $SPY | SPDR S&P 500 ETF TRUST | — | $445K | 0.0% | 584 | +67% | |||
| 102 | $FANG | Diamondback Energy, Inc. | Energy | $419K | 0.0% | 2,278 | -96% | |||
| 103 | — | VANGUARD STAR FUND - TOT INTL STK IDX FD | — | $406K | 0.0% | 4,777 | — | |||
| 104 | $DE | DEERE & CO | Industrials | $402K | 0.0% | 599 | +0.5% | |||
| 105 | — | ISHARES TR - CORE S&P SMALL-CAP | — | $368K | 0.0% | 2,705 | +3% | |||
| 106 | — | VANGUARD WORLD FD - VM MEGA CAP GROWTH E | — | $361K | 0.0% | 3,900 | — | |||
| 107 | $SYK | STRYKER CORP | Healthcare | $357K | 0.0% | 1,296 | — | |||
| 108 | $APO | Apollo Global Management, Inc. | Financials | $351K | 0.0% | 3,020 | — | |||
| 109 | $EXC | EXELON CORP | Utilities | $342K | 0.0% | 8,468 | -98% | |||
| 110 | — | VANGUARD WORLD FD - VM MEGA CAP ETF | — | $340K | 0.0% | 1,204 | — | |||
| 111 | $CMI | CUMMINS INC | Industrials | $337K | 0.0% | 652 | -16% | |||
| 112 | $TSLA | Tesla, Inc. | Consumer Discretionary | $316K | 0.0% | 890 | — | |||
| 113 | $LRCX | LAM RESEARCH CORP | Technology | $304K | 0.0% | 924 | — | |||
| 114 | $ABT | ABBOTT LABORATORIES | Healthcare | $294K | 0.0% | 2,978 | -3% | |||
| 115 | $LLY | ELI LILLY & Co | Healthcare | $273K | 0.0% | 236 | +2% | |||
| 116 | $XOM.R34088 | EXXON MOBIL CORP | Energy | $261K | 0.0% | 1,601 | — | |||
| 117 | $BRK.B | BERKSHIRE HATHAWAY INC | Financials | $257K | 0.0% | 516 | +14% | |||
| 118 | $SLAB | SILICON LABORATORIES INC. | Technology | $251K | 0.0% | 1,133 | -16% | |||
| 119 | $ORCL | ORACLE CORP | Technology | $237K | 0.0% | 1,725 | — | |||
| 120 | $EQIX | EQUINIX INC | Real Estate | $226K | 0.0% | 223 | — | |||
| 121 | $HON | HONEYWELL INTERNATIONAL INC | Industrials | $217K | 0.0% | 1,031 | -98% | |||
| 122 | — | ISHARES TR - NY AMT-FREE MUNI BD | — | $200K | 0.0% | 3,960 | -10% |
What changed in Q3 2026
Against the previous quarter's 13F: 4 new, 30 added to, 72 trimmed, 4 sold out. Share-count changes; largest moves by dollar size first.
New positions (4)
Added to (30)
now $34.5M · held 2 qtrs, 2 adds in a row
$HONAHoneywell Aerospace Inc.+205%
now $25.2M · held 2 qtrs, 2 adds in a row
now $43.7M · held 11+ qtrs
$ZTSZoetis Inc.+53%
now $11.9M · held 2 qtrs, 2 adds in a row
- VANGUARD U.S - MOMENTUM FACTOR ETF+11%
now $39.6M
now $67.6M · held 8 qtrs
+24 more in the Excel export
Trimmed (72)
$RTXRTX Corp-93%
now $2.1M · held 11+ qtrs, 2 trims in a row
$FIBKFIRST INTERSTATE BANCSYSTEM INC-97%
now $501K · held 11+ qtrs
$EXCEXELON CORP-98%
now $342K · held 11+ qtrs, 3 trims in a row
$MDTMedtronic plc-41%
now $17.6M · held 11+ qtrs, 2 trims in a row
$LOWLOWES COMPANIES INC-96%
now $461K · held 7 qtrs
$HONHONEYWELL INTERNATIONAL INC-98%
now $217K · held 11+ qtrs, 2 trims in a row
+66 more in the Excel export
Holdings by quarter
Every 13F DAVIDSON INVESTMENT ADVISORS has filed, 40 earlier quarters. Pick one to see what it held then.
Is it too late to follow DAVIDSON INVESTMENT ADVISORS?
Q3 2026 13F filed with the SEC on Oct 20, 2026. Prices are closing prices as of Oct 27, 2026.
Average quality of DAVIDSON INVESTMENT ADVISORS's top 20 holdings: 73/100 (our AI quality score, weighted by position size; 17 of the 20 are scored)
Top 10 since filing
-1.4%
Value-weighted move of the 10 largest stock positions
Turnover
4%
Last quarter; 57% over the last 4
Top 10 weight
41%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
85%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
DAVIDSON INVESTMENT ADVISORS disclosed 122 positions worth $2.4B in its Form 13F-HR for Q3 2026, followed by $MSFT and $AAPL. During the quarter the fund opened 4 new positions and exited 4 — including a new stake in $DHR. The portfolio is most concentrated in Technology (35.9% of disclosed assets). All figures are sourced directly from DAVIDSON INVESTMENT ADVISORS’s Form 13F-HR filing with the SEC under CIK 1140771.
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