13F HOLDINGS REPORT
DAVIDSON INVESTMENT ADVISORS
Quarter ended Q2 2025 · Filed July 28, 2025 · Accession 0001140771-25-000002
Total Value
$2.22B
Positions
121
Other Managers
0
Confidential Omitted
No
Holdings (121)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 46432F834 | 1,701,327 | $131.5M | 5.91% |
| 2 | MICROSOFT CORP | MSFT | 217,232 | $108.1M | 4.86% |
| 3 | AMAZON COM INC | AMZN | 437,086 | $95.9M | 4.31% |
| 4 | ALPHABET INC | GOOG | 474,914 | $84.2M | 3.79% |
| 5 | APPLE INC | AAPL | 362,628 | $74.4M | 3.34% |
| 6 | RTX CORPORATION | RTX | 364,458 | $53.2M | 2.39% |
| 7 | TAIWAN SEMICONDUCTOR | 874039100 | 216,669 | $49.1M | 2.21% |
| 8 | HONEYWELL INTL INC | 438516106 | 190,808 | $44.4M | 2.00% |
| 9 | LABCORP HOLDINGS INC | LH | 159,630 | $41.9M | 1.88% |
| 10 | BROADCOM INC | AVGO | 140,980 | $38.9M | 1.75% |
| 11 | CITIGROUP INC | C-PR | 448,905 | $38.2M | 1.72% |
| 12 | GOLDMAN SACHS GROUP | GSCE | 51,714 | $36.6M | 1.65% |
| 13 | NETFLIX INC | NFLX | 27,223 | $36.5M | 1.64% |
| 14 | NVIDIA CORP | NVDA | 222,191 | $35.1M | 1.58% |
| 15 | AGNC INVT CORP | 00123Q104 | 3,813,681 | $35.0M | 1.58% |
| 16 | INTUIT | INTU | 43,399 | $34.2M | 1.54% |
| 17 | SEMPRA | SREA | 438,774 | $33.2M | 1.49% |
| 18 | MEDTRONIC PLC | MDT | 375,859 | $32.8M | 1.47% |
| 19 | VISA INC | V | 89,327 | $31.7M | 1.43% |
| 20 | CHEVRON CORP | CVX | 215,495 | $30.9M | 1.39% |
| 21 | ARISTA NETWORKS IN | ANET | 299,571 | $30.6M | 1.38% |
| 22 | EATON CORPORATION | ETN | 82,922 | $29.6M | 1.33% |
| 23 | META PLATFORMS INC | META | 39,761 | $29.3M | 1.32% |
| 24 | FORTINET INC | FTNT | 273,670 | $28.9M | 1.30% |
| 25 | VERTEX PHARMA | VRTX | 63,689 | $28.4M | 1.27% |
| 26 | WALMART INC | WMT | 279,751 | $27.4M | 1.23% |
| 27 | CISCO SYSTEMS INC | CSCO | 377,906 | $26.2M | 1.18% |
| 28 | HOME DEPOT INC | HD | 66,612 | $24.4M | 1.10% |
| 29 | DYNATRACE HOLDINGS L | DT | 440,047 | $24.3M | 1.09% |
| 30 | T-MOBILE US INC | TMUSZ | 99,839 | $23.8M | 1.07% |
| 31 | PROGRESSIVE CORP | 743315103 | 85,657 | $22.9M | 1.03% |
| 32 | VANGUARD U.S | 921935508 | 132,299 | $22.8M | 1.03% |
| 33 | SALESFORCE INC | CRM | 83,695 | $22.8M | 1.03% |
| 34 | SCHWAB CHARLES CORP | SCHW-PJ | 247,078 | $22.5M | 1.01% |
| 35 | GILDAN ACTIVEWEAR | GIL | 452,753 | $22.3M | 1.00% |
| 36 | THE CIGNA GROUP | 125523100 | 66,080 | $21.8M | 0.98% |
| 37 | ANALOG DEVICES INC | ADI | 91,581 | $21.8M | 0.98% |
| 38 | SILICON LABS INC | SLAB | 145,982 | $21.5M | 0.97% |
| 39 | EOG RESOURCES INC | EOG | 172,238 | $20.6M | 0.93% |
| 40 | PAYPAL HLDGS INC | PYPL | 271,370 | $20.2M | 0.91% |
| 41 | CONSTELLATION BRANDS | STZ | 121,073 | $19.7M | 0.89% |
| 42 | ISHARES MSCI USA | 464286681 | 197,975 | $19.6M | 0.88% |
| 43 | TRIMBLE INC | TRMB | 256,470 | $19.5M | 0.88% |
| 44 | QUALCOMM INC | QCOM | 121,052 | $19.3M | 0.87% |
| 45 | BANK OF AMERICA CORP | 060505104 | 405,268 | $19.2M | 0.86% |
| 46 | FEDEX CORP | FDX | 84,065 | $19.1M | 0.86% |
| 47 | ISHARES TR | 46435G326 | 250,920 | $19.1M | 0.86% |
| 48 | CORTEVA INC | CTVA | 250,008 | $18.6M | 0.84% |
| 49 | BOEING CO | BA-PA | 88,478 | $18.5M | 0.83% |
| 50 | BECTON DICKINSON | BDX | 106,930 | $18.4M | 0.83% |
| 51 | BELLRING BRANDS INC | BRBR | 316,895 | $18.4M | 0.83% |
| 52 | CAMDEN PPTY TR | 133131102 | 161,435 | $18.2M | 0.82% |
| 53 | OTIS WORLDWIDE CORP | OTIS | 179,159 | $17.7M | 0.80% |
| 54 | VANGUARD MUN BD FD | 922907746 | 361,298 | $17.7M | 0.80% |
| 55 | CVS HEALTH CORP | CVS | 256,566 | $17.7M | 0.80% |
| 56 | PHILIP MORRIS INTL | 718172109 | 96,597 | $17.6M | 0.79% |
| 57 | INTER CONTINENTAL EX | 45866F104 | 93,928 | $17.2M | 0.77% |
| 58 | EXELON CORP | EXC | 395,160 | $17.2M | 0.77% |
| 59 | APTIV PLC | APTV | 244,333 | $16.7M | 0.75% |
| 60 | ASTRAZENECA | AZN | 236,390 | $16.5M | 0.74% |
| 61 | COMCAST CORP | CCZ | 457,691 | $16.3M | 0.73% |
| 62 | SOUTHERN CO | SOMN | 173,413 | $15.9M | 0.72% |
| 63 | VANECK ETF TR | 92189H201 | 350,047 | $15.9M | 0.72% |
| 64 | TERRENO RLTY CORP | 88146M101 | 280,520 | $15.7M | 0.71% |
| 65 | LOWES CO | 548661107 | 70,387 | $15.6M | 0.70% |
| 66 | CUBESMART | CUBE | 355,741 | $15.1M | 0.68% |
| 67 | PFIZER INC | PFE | 596,252 | $14.5M | 0.65% |
| 68 | NORFOLK SOUTHERN | 655844108 | 55,618 | $14.2M | 0.64% |
| 69 | BRISTOL MYERS SQUIBB | CELG-RI | 290,861 | $13.5M | 0.61% |
| 70 | ELANCO ANIMAL HEALTH | ELAN | 914,003 | $13.1M | 0.59% |
| 71 | FULLER H B CO | FUL | 206,806 | $12.4M | 0.56% |
| 72 | LAS VEGAS SANDS CORP | LVS | 271,633 | $11.8M | 0.53% |
| 73 | FIRST INTST BANCSYS | 32055Y201 | 407,082 | $11.7M | 0.53% |
| 74 | ADOBE INC | ADBE | 27,453 | $10.6M | 0.48% |
| 75 | JPMORGAN | 46641Q654 | 194,877 | $9.9M | 0.45% |
| 76 | INTL FLAVORS & FRAGR | 459506101 | 123,816 | $9.1M | 0.41% |
| 77 | LINDE PLC | LIN | 19,286 | $9.0M | 0.41% |
| 78 | WAFD INC | WAFDP | 305,835 | $9.0M | 0.40% |
| 79 | DIAMONDBACK ENERGY | FANG | 57,759 | $7.9M | 0.36% |
| 80 | ISHARES TR | 46434V621 | 120,349 | $7.7M | 0.35% |
| 81 | VANGUARD WHITEHALL F | 921946406 | 56,479 | $7.5M | 0.34% |
| 82 | ISHARES TRUST CORE | 464287150 | 50,605 | $6.8M | 0.31% |
| 83 | VANGUARD INDEX TR | 922908751 | 28,047 | $6.6M | 0.30% |
| 84 | ISHARES TR | 464288414 | 55,502 | $5.8M | 0.26% |
| 85 | ISHARES TR | 464288687 | 109,864 | $3.4M | 0.15% |
| 86 | SPDR SER TR | 78468R739 | 63,789 | $3.1M | 0.14% |
| 87 | VANGUARD INDEX TR | 922908769 | 4,672 | $1.4M | 0.06% |
| 88 | ISHARES TR | 464288356 | 21,585 | $1.2M | 0.05% |
| 89 | JPMORGAN CHASE & CO | VYLD | 4,093 | $1.2M | 0.05% |
| 90 | ISHARES TRUST | 464287507 | 17,719 | $1.1M | 0.05% |
| 91 | JOHNSON & JOHNSON | JNJ | 6,417 | $980,197 | 0.04% |
| 92 | VANGUARD FTSE | 922042858 | 18,470 | $913,526 | 0.04% |
| 93 | ALPHABET INC | GOOG | 4,698 | $827,929 | 0.04% |
| 94 | COSTCO WHSL CORP | 22160K105 | 760 | $752,110 | 0.03% |
| 95 | VANGUARD SCOTTSDAL | 92206C599 | 2,424 | $661,146 | 0.03% |
| 96 | SPDR GOLD TR | GLD | 1,945 | $592,894 | 0.03% |
| 97 | ISHARES TR | 46434V613 | 11,678 | $539,874 | 0.02% |
| 98 | STRYKER CORP | SYK | 1,355 | $536,079 | 0.02% |
| 99 | ABBVIE INC | ABBV | 2,869 | $532,544 | 0.02% |
| 100 | CATERPILLAR INC | CAT | 1,299 | $504,285 | 0.02% |
| 101 | MORGAN STANLEY | MS-PQ | 3,427 | $482,727 | 0.02% |
| 102 | APOLLO GLOBAL MGMT | 03769M106 | 3,232 | $458,524 | 0.02% |
| 103 | VANGUARD INDEX FDS | 922908363 | 805 | $457,264 | 0.02% |
| 104 | ABBOTT LABS | ABLZF | 3,028 | $411,838 | 0.02% |
| 105 | ORACLE CORP | ORCL-PD | 1,824 | $398,781 | 0.02% |
| 106 | ISHARES TR | 464287804 | 3,350 | $366,122 | 0.02% |
| 107 | ISHARES | 464287689 | 900 | $315,900 | 0.01% |
| 108 | DEERE & CO | DE | 614 | $312,213 | 0.01% |
| 109 | VANGUARD | 92206C870 | 3,750 | $310,950 | 0.01% |
| 110 | VANGUARD WORLD FD | 921910816 | 780 | $285,613 | 0.01% |
| 111 | TESLA INC | TSLA | 880 | $279,541 | 0.01% |
| 112 | BERKSHIRE HATHAWAY | BRK-A | 554 | $269,117 | 0.01% |
| 113 | ISHARES | 464287614 | 633 | $268,759 | 0.01% |
| 114 | ISHARES TR | 464288646 | 4,965 | $261,953 | 0.01% |
| 115 | ISHARES TR | 464288323 | 4,941 | $257,624 | 0.01% |
| 116 | SPDR S&P 500 ETF TR | SPY | 388 | $239,726 | 0.01% |
| 117 | VANGUARD WORLD FD | 921910873 | 986 | $221,771 | 0.01% |
| 118 | LILLY ELI & CO | LLY | 282 | $219,827 | 0.01% |
| 119 | VANGUARD TAX MANAGED | 921943858 | 3,749 | $213,730 | 0.01% |
| 120 | EQUINIX INC | EQIX | 258 | $205,231 | 0.01% |
| 121 | MICRON TECHNOLOGY | MU | 1,650 | $203,401 | 0.01% |