13F HOLDINGS REPORT
DAVIDSON INVESTMENT ADVISORS
Quarter ended Q3 2025 · Filed October 21, 2025 · Accession 0001140771-25-000008
Total Value
$2.36B
Positions
122
Other Managers
0
Confidential Omitted
No
Holdings (122)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 46432F834 | 2,006,552 | $165.7M | 7.03% |
| 2 | MICROSOFT CORP | MSFT | 215,609 | $111.7M | 4.74% |
| 3 | ALPHABET INC | GOOG | 449,877 | $109.6M | 4.65% |
| 4 | AMAZON COM INC | AMZN | 435,893 | $95.7M | 4.06% |
| 5 | APPLE INC | AAPL | 363,142 | $92.5M | 3.92% |
| 6 | TAIWAN SEMICONDUCTOR | 874039100 | 217,094 | $60.6M | 2.57% |
| 7 | NVIDIA CORP | NVDA | 300,018 | $56.0M | 2.38% |
| 8 | BROADCOM INC | AVGO | 141,818 | $46.8M | 1.99% |
| 9 | LABCORP HOLDINGS INC | LH | 160,103 | $46.0M | 1.95% |
| 10 | RTX CORPORATION | RTX | 273,867 | $45.8M | 1.94% |
| 11 | CITIGROUP INC | C-PR | 437,645 | $44.4M | 1.89% |
| 12 | AGNC INVT CORP | 00123Q104 | 4,295,811 | $42.1M | 1.78% |
| 13 | HONEYWELL INTL INC | 438516106 | 191,037 | $40.2M | 1.71% |
| 14 | SEMPRA | SREA | 439,147 | $39.5M | 1.68% |
| 15 | MEDTRONIC PLC | MDT | 376,002 | $35.8M | 1.52% |
| 16 | NETFLIX INC | NFLX | 27,298 | $32.7M | 1.39% |
| 17 | EATON CORPORATION | ETN | 83,578 | $31.3M | 1.33% |
| 18 | VISA INC | V | 90,112 | $30.8M | 1.31% |
| 19 | ARISTA NETWORKS IN | ANET | 207,190 | $30.2M | 1.28% |
| 20 | INTUIT | INTU | 43,627 | $29.8M | 1.26% |
| 21 | META PLATFORMS INC | META | 39,997 | $29.4M | 1.25% |
| 22 | WALMART INC | WMT | 280,996 | $29.0M | 1.23% |
| 23 | HOME DEPOT INC | HD | 67,255 | $27.3M | 1.16% |
| 24 | VANGUARD U.S | 921935508 | 139,778 | $26.8M | 1.14% |
| 25 | GOLDMAN SACHS GROUP | GSCE | 33,441 | $26.6M | 1.13% |
| 26 | GILDAN ACTIVEWEAR | GIL | 456,503 | $26.4M | 1.12% |
| 27 | OTIS WORLDWIDE CORP | OTIS | 287,918 | $26.3M | 1.12% |
| 28 | CISCO SYSTEMS INC | CSCO | 367,060 | $25.1M | 1.07% |
| 29 | VERTEX PHARMA | VRTX | 62,421 | $24.4M | 1.04% |
| 30 | T-MOBILE US INC | TMUSZ | 100,658 | $24.1M | 1.02% |
| 31 | SCHWAB CHARLES CORP | SCHW-PJ | 244,491 | $23.3M | 0.99% |
| 32 | ISHARES MSCI USA | 464286681 | 223,608 | $23.0M | 0.98% |
| 33 | FORTINET INC | FTNT | 267,194 | $22.5M | 0.95% |
| 34 | ANALOG DEVICES INC | ADI | 90,400 | $22.2M | 0.94% |
| 35 | CHEVRON CORP | CVX | 140,583 | $21.8M | 0.93% |
| 36 | DYNATRACE HOLDINGS L | DT | 446,181 | $21.6M | 0.92% |
| 37 | PROGRESSIVE CORP | 743315103 | 86,597 | $21.4M | 0.91% |
| 38 | APTIV PLC | APTV | 246,675 | $21.3M | 0.90% |
| 39 | BANK OF AMERICA CORP | 060505104 | 401,546 | $20.7M | 0.88% |
| 40 | SALESFORCE INC | CRM | 87,189 | $20.7M | 0.88% |
| 41 | FEDEX CORP | FDX | 87,558 | $20.6M | 0.88% |
| 42 | BECTON DICKINSON | BDX | 109,876 | $20.6M | 0.87% |
| 43 | TRIMBLE INC | TRMB | 249,898 | $20.4M | 0.87% |
| 44 | QUALCOMM INC | QCOM | 120,421 | $20.0M | 0.85% |
| 45 | EOG RESOURCES INC | EOG | 174,137 | $19.5M | 0.83% |
| 46 | SILICON LABS INC | SLAB | 146,926 | $19.3M | 0.82% |
| 47 | THE CIGNA GROUP | 125523100 | 66,719 | $19.2M | 0.82% |
| 48 | CVS HEALTH CORP | CVS | 255,001 | $19.2M | 0.82% |
| 49 | BOEING CO | BA-PA | 87,546 | $18.9M | 0.80% |
| 50 | CUBESMART | CUBE | 460,024 | $18.7M | 0.79% |
| 51 | ASTRAZENECA | AZN | 238,596 | $18.3M | 0.78% |
| 52 | ELANCO ANIMAL HEALTH | ELAN | 904,101 | $18.2M | 0.77% |
| 53 | VANGUARD MUN BD FD | 922907746 | 361,914 | $18.1M | 0.77% |
| 54 | EXELON CORP | EXC | 398,703 | $17.9M | 0.76% |
| 55 | PAYPAL HLDGS INC | PYPL | 267,363 | $17.9M | 0.76% |
| 56 | LOWES CO | 548661107 | 70,698 | $17.8M | 0.75% |
| 57 | CAMDEN PPTY TR | 133131102 | 163,918 | $17.5M | 0.74% |
| 58 | VANECK ETF TR | 92189H201 | 369,734 | $17.2M | 0.73% |
| 59 | CORTEVA INC | CTVA | 251,940 | $17.0M | 0.72% |
| 60 | NORFOLK SOUTHERN | 655844108 | 55,224 | $16.6M | 0.70% |
| 61 | SOUTHERN CO | SOMN | 172,167 | $16.3M | 0.69% |
| 62 | TERRENO RLTY CORP | 88146M101 | 278,223 | $15.8M | 0.67% |
| 63 | INTER CONTINENTAL EX | 45866F104 | 93,112 | $15.7M | 0.67% |
| 64 | PHILIP MORRIS INTL | 718172109 | 95,868 | $15.5M | 0.66% |
| 65 | CONSTELLATION BRANDS | STZ | 114,161 | $15.4M | 0.65% |
| 66 | PFIZER INC | PFE | 592,531 | $15.1M | 0.64% |
| 67 | LAS VEGAS SANDS CORP | LVS | 269,601 | $14.5M | 0.62% |
| 68 | COMCAST CORP | CCZ | 452,318 | $14.2M | 0.60% |
| 69 | BRISTOL MYERS SQUIBB | CELG-RI | 303,353 | $13.7M | 0.58% |
| 70 | JPMORGAN | 46641Q654 | 252,181 | $12.9M | 0.55% |
| 71 | FIRST INTST BANCSYS | 32055Y201 | 403,846 | $12.9M | 0.55% |
| 72 | FULLER H B CO | FUL | 215,554 | $12.8M | 0.54% |
| 73 | BELLRING BRANDS INC | BRBR | 296,775 | $10.8M | 0.46% |
| 74 | HYATT HOTELS CORP | H | 70,390 | $10.0M | 0.42% |
| 75 | EQT CORP | EQT | 178,390 | $9.7M | 0.41% |
| 76 | ADOBE INC | ADBE | 27,402 | $9.7M | 0.41% |
| 77 | LINDE PLC | LIN | 19,785 | $9.4M | 0.40% |
| 78 | WAFD INC | WAFDP | 309,140 | $9.4M | 0.40% |
| 79 | ISHARES TR | 46434V621 | 133,335 | $9.1M | 0.39% |
| 80 | DIAMONDBACK ENERGY | FANG | 57,585 | $8.2M | 0.35% |
| 81 | VANGUARD WHITEHALL F | 921946406 | 57,911 | $8.2M | 0.35% |
| 82 | INTL FLAVORS & FRAGR | 459506101 | 122,984 | $7.6M | 0.32% |
| 83 | ISHARES TRUST CORE | 464287150 | 50,196 | $7.3M | 0.31% |
| 84 | ISHARES TR | 464288414 | 52,707 | $5.6M | 0.24% |
| 85 | VANGUARD INDEX TR | 922908751 | 21,976 | $5.6M | 0.24% |
| 86 | ISHARES TR | 464288687 | 112,347 | $3.6M | 0.15% |
| 87 | SPDR SER TR | 78468R739 | 61,025 | $2.9M | 0.12% |
| 88 | VANGUARD INDEX TR | 922908769 | 4,672 | $1.5M | 0.07% |
| 89 | ISHARES TR | 464288356 | 23,653 | $1.3M | 0.06% |
| 90 | ISHARES TR | 46435G326 | 16,658 | $1.3M | 0.06% |
| 91 | JPMORGAN CHASE & CO | VYLD | 4,093 | $1.3M | 0.05% |
| 92 | ALPHABET INC | GOOG | 4,920 | $1.2M | 0.05% |
| 93 | ISHARES TRUST | 464287507 | 17,719 | $1.2M | 0.05% |
| 94 | JOHNSON & JOHNSON | JNJ | 6,099 | $1.1M | 0.05% |
| 95 | COSTCO WHSL CORP | 22160K105 | 887 | $820,805 | 0.03% |
| 96 | VANGUARD SCOTTSDAL | 92206C599 | 2,647 | $779,063 | 0.03% |
| 97 | SPDR GOLD TR | GLD | 1,945 | $691,389 | 0.03% |
| 98 | ABBVIE INC | ABBV | 2,927 | $677,718 | 0.03% |
| 99 | CATERPILLAR INC | CAT | 1,299 | $619,818 | 0.03% |
| 100 | ISHARES TR | 46434V613 | 11,678 | $545,479 | 0.02% |
| 101 | MORGAN STANLEY | MS-PQ | 3,427 | $544,756 | 0.02% |
| 102 | VANGUARD INDEX FDS | 922908363 | 851 | $521,135 | 0.02% |
| 103 | STRYKER CORP | SYK | 1,355 | $500,903 | 0.02% |
| 104 | ORACLE CORP | ORCL-PD | 1,625 | $457,015 | 0.02% |
| 105 | APOLLO GLOBAL MGMT | 03769M106 | 3,232 | $430,729 | 0.02% |
| 106 | ABBOTT LABS | ABLZF | 3,028 | $405,570 | 0.02% |
| 107 | ISHARES TR | 464287804 | 3,350 | $398,081 | 0.02% |
| 108 | TESLA INC | TSLA | 880 | $391,354 | 0.02% |
| 109 | VANGUARD STAR FUND | 921909768 | 5,212 | $382,851 | 0.02% |
| 110 | ISHARES | 464287689 | 900 | $341,046 | 0.01% |
| 111 | VANGUARD WORLD FD | 921910816 | 780 | $313,888 | 0.01% |
| 112 | VANGUARD | 92206C870 | 3,650 | $307,002 | 0.01% |
| 113 | ISHARES | 464287614 | 633 | $296,504 | 0.01% |
| 114 | DEERE & CO | DE | 614 | $280,758 | 0.01% |
| 115 | BERKSHIRE HATHAWAY | BRK-A | 554 | $278,518 | 0.01% |
| 116 | ISHARES TR | 464288646 | 4,975 | $263,824 | 0.01% |
| 117 | ISHARES TR | 464288323 | 4,941 | $263,602 | 0.01% |
| 118 | SPDR S&P 500 ETF TR | SPY | 388 | $258,478 | 0.01% |
| 119 | VANGUARD WORLD FD | 921910873 | 986 | $240,673 | 0.01% |
| 120 | PROCTER AND GAMBLE | 742718109 | 1,516 | $232,933 | 0.01% |
| 121 | LILLY ELI & CO | LLY | 282 | $215,166 | 0.01% |
| 122 | EQUINIX INC | EQIX | 258 | $202,076 | 0.01% |