13F HOLDINGS REPORT
DAVIDSON INVESTMENT ADVISORS
Quarter ended Q4 2025 · Filed January 27, 2026 · Accession 0001140771-26-000001
Total Value
$2.40B
Positions
119
Other Managers
0
Confidential Omitted
No
Holdings (119)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 46432F834 | 2,067,533 | $175.0M | 7.28% |
| 2 | ALPHABET INC | GOOG | 376,668 | $118.2M | 4.92% |
| 3 | MICROSOFT CORP | MSFT | 214,758 | $103.9M | 4.32% |
| 4 | AMAZON COM INC | AMZN | 435,958 | $100.6M | 4.19% |
| 5 | APPLE INC | AAPL | 365,179 | $99.3M | 4.13% |
| 6 | TAIWAN SEMICONDUCTOR | 874039100 | 216,638 | $65.8M | 2.74% |
| 7 | NVIDIA CORP | NVDA | 303,681 | $56.6M | 2.36% |
| 8 | META PLATFORMS INC | META | 80,341 | $53.0M | 2.21% |
| 9 | CITIGROUP INC | C-PR | 431,816 | $50.4M | 2.10% |
| 10 | BROADCOM INC | AVGO | 144,899 | $50.1M | 2.09% |
| 11 | RTX CORPORATION | RTX | 269,480 | $49.4M | 2.06% |
| 12 | AGNC INVT CORP | 00123Q104 | 4,298,275 | $46.1M | 1.92% |
| 13 | HYATT HOTELS CORP | H | 272,421 | $43.7M | 1.82% |
| 14 | LABCORP HOLDINGS INC | LH | 159,467 | $40.0M | 1.66% |
| 15 | SEMPRA | SREA | 436,252 | $38.5M | 1.60% |
| 16 | MEDTRONIC PLC | MDT | 374,250 | $36.0M | 1.50% |
| 17 | VISA INC | V | 90,382 | $31.7M | 1.32% |
| 18 | WALMART INC | WMT | 282,167 | $31.4M | 1.31% |
| 19 | GOLDMAN SACHS GROUP | GSCE | 33,654 | $29.6M | 1.23% |
| 20 | VERTEX PHARMA | VRTX | 64,227 | $29.1M | 1.21% |
| 21 | INTUIT | INTU | 43,529 | $28.8M | 1.20% |
| 22 | GILDAN ACTIVEWEAR | GIL | 457,883 | $28.6M | 1.19% |
| 23 | VANGUARD U.S | 921935508 | 146,589 | $28.0M | 1.17% |
| 24 | ARISTA NETWORKS IN | ANET | 208,408 | $27.3M | 1.14% |
| 25 | CISCO SYSTEMS INC | CSCO | 354,154 | $27.3M | 1.14% |
| 26 | EATON CORPORATION | ETN | 83,066 | $26.5M | 1.10% |
| 27 | NETFLIX INC | NFLX | 272,674 | $25.6M | 1.06% |
| 28 | OTIS WORLDWIDE CORP | OTIS | 288,568 | $25.2M | 1.05% |
| 29 | FEDEX CORP | FDX | 86,555 | $25.0M | 1.04% |
| 30 | ANALOG DEVICES INC | ADI | 89,607 | $24.3M | 1.01% |
| 31 | ISHARES MSCI USA | 464286681 | 234,544 | $24.2M | 1.01% |
| 32 | SCHWAB CHARLES CORP | SCHW-PJ | 240,830 | $24.1M | 1.00% |
| 33 | HONEYWELL INTL INC | 438516106 | 118,057 | $23.0M | 0.96% |
| 34 | BOEING CO | BA-PA | 103,910 | $22.6M | 0.94% |
| 35 | SALESFORCE INC | CRM | 85,119 | $22.5M | 0.94% |
| 36 | ASTRAZENECA | AZN | 240,096 | $22.1M | 0.92% |
| 37 | HOME DEPOT INC | HD | 63,768 | $21.9M | 0.91% |
| 38 | FORTINET INC | FTNT | 273,952 | $21.8M | 0.91% |
| 39 | BANK OF AMERICA CORP | 060505104 | 395,519 | $21.8M | 0.91% |
| 40 | CHEVRON CORP | CVX | 136,334 | $20.8M | 0.86% |
| 41 | QUALCOMM INC | QCOM | 120,171 | $20.6M | 0.86% |
| 42 | BECTON DICKINSON | BDX | 105,837 | $20.5M | 0.85% |
| 43 | CVS HEALTH CORP | CVS | 250,941 | $19.9M | 0.83% |
| 44 | T-MOBILE US INC | TMUSZ | 97,223 | $19.7M | 0.82% |
| 45 | INTER CONTINENTAL EX | 45866F104 | 120,838 | $19.6M | 0.81% |
| 46 | PROGRESSIVE CORP | 743315103 | 84,513 | $19.2M | 0.80% |
| 47 | TRIMBLE INC | TRMB | 243,309 | $19.1M | 0.79% |
| 48 | SILICON LABS INC | SLAB | 145,757 | $19.1M | 0.79% |
| 49 | PHILIP MORRIS INTL | 718172109 | 116,725 | $18.7M | 0.78% |
| 50 | VANGUARD MUN BD FD | 922907746 | 371,923 | $18.7M | 0.78% |
| 51 | VANECK ETF TR | 92189H201 | 386,572 | $18.2M | 0.76% |
| 52 | DYNATRACE HOLDINGS | DT | 414,070 | $17.9M | 0.75% |
| 53 | EXELON CORP | EXC | 402,520 | $17.5M | 0.73% |
| 54 | CAMDEN PPTY TR | 133131102 | 156,964 | $17.3M | 0.72% |
| 55 | THE CIGNA GROUP | 125523100 | 61,964 | $17.1M | 0.71% |
| 56 | EOG RESOURCES INC | EOG | 162,250 | $17.0M | 0.71% |
| 57 | CORTEVA INC | CTVA | 252,082 | $16.9M | 0.70% |
| 58 | FIRST INTST BANCSYS | 32055Y201 | 481,538 | $16.7M | 0.69% |
| 59 | LOWES CO | 548661107 | 67,964 | $16.4M | 0.68% |
| 60 | TERRENO RLTY CORP | 88146M101 | 277,182 | $16.3M | 0.68% |
| 61 | BRISTOL MYERS SQUIBB | CELG-RI | 299,514 | $16.2M | 0.67% |
| 62 | CONSTELLATION BRANDS | STZ | 116,883 | $16.1M | 0.67% |
| 63 | NORFOLK SOUTHERN | 655844108 | 54,626 | $15.8M | 0.66% |
| 64 | ELANCO ANIMAL HEALTH | ELAN | 680,867 | $15.4M | 0.64% |
| 65 | CUBESMART | CUBE | 426,074 | $15.4M | 0.64% |
| 66 | COMCAST CORP | CCZ | 498,197 | $14.9M | 0.62% |
| 67 | PAYPAL HLDGS INC | PYPL | 254,355 | $14.8M | 0.62% |
| 68 | PFIZER INC | PFE | 557,807 | $13.9M | 0.58% |
| 69 | LAS VEGAS SANDS CORP | LVS | 209,394 | $13.6M | 0.57% |
| 70 | STANDARDAERO INC | SARO | 447,800 | $12.8M | 0.53% |
| 71 | FULLER H B CO | FUL | 203,852 | $12.1M | 0.50% |
| 72 | JPMORGAN | 46641Q654 | 201,509 | $10.3M | 0.43% |
| 73 | WAFD INC | WAFDP | 312,403 | $10.0M | 0.42% |
| 74 | EQT CORP | EQT | 184,355 | $9.9M | 0.41% |
| 75 | LINDE PLC | LIN | 23,025 | $9.8M | 0.41% |
| 76 | ISHARES TR | 46434V621 | 135,539 | $9.4M | 0.39% |
| 77 | ADOBE INC | ADBE | 25,886 | $9.1M | 0.38% |
| 78 | DIAMONDBACK ENERGY | FANG | 57,805 | $8.7M | 0.36% |
| 79 | VANGUARD WHITEHALL F | 921946406 | 58,144 | $8.3M | 0.35% |
| 80 | BELLRING BRANDS INC | BRBR | 300,633 | $8.0M | 0.33% |
| 81 | ISHARES TRUST CORE | 464287150 | 50,277 | $7.5M | 0.31% |
| 82 | SOLSTICE ADVANCED | 83443Q103 | 112,904 | $5.5M | 0.23% |
| 83 | VANGUARD INDEX TR | 922908751 | 21,152 | $5.5M | 0.23% |
| 84 | ISHARES TR | 464288414 | 49,865 | $5.3M | 0.22% |
| 85 | ISHARES TR | 464288687 | 113,909 | $3.5M | 0.15% |
| 86 | SPDR SER TR | 78468R739 | 41,339 | $2.0M | 0.08% |
| 87 | ALPHABET INC | GOOG | 5,267 | $1.6M | 0.07% |
| 88 | VANGUARD SCOTTSDAL | 92206C599 | 5,283 | $1.6M | 0.07% |
| 89 | VANGUARD INDEX TR | 922908769 | 4,582 | $1.5M | 0.06% |
| 90 | ISHARES TR | 464288356 | 23,437 | $1.3M | 0.06% |
| 91 | JPMORGAN CHASE & CO | VYLD | 4,152 | $1.3M | 0.06% |
| 92 | JOHNSON & JOHNSON | JNJ | 6,026 | $1.2M | 0.05% |
| 93 | ISHARES TR | 46435G326 | 13,559 | $1.1M | 0.05% |
| 94 | COSTCO WHSL CORP | 22160K105 | 1,055 | $909,556 | 0.04% |
| 95 | VANGUARD INDEX FDS | 922908363 | 1,417 | $888,643 | 0.04% |
| 96 | SPDR S&P 500 ETF TR | SPY | 1,285 | $876,267 | 0.04% |
| 97 | CATERPILLAR INC | CAT | 1,429 | $818,631 | 0.03% |
| 98 | ABBVIE INC | ABBV | 3,527 | $805,884 | 0.03% |
| 99 | SPDR GOLD TR | GLD | 1,945 | $770,823 | 0.03% |
| 100 | SOUTHERN CO | SOMN | 7,975 | $695,420 | 0.03% |
| 101 | ISHARES TRUST | 464287507 | 9,747 | $643,302 | 0.03% |
| 102 | MORGAN STANLEY | MS-PQ | 3,427 | $608,395 | 0.03% |
| 103 | ISHARES TR | 46434V613 | 11,832 | $550,661 | 0.02% |
| 104 | STRYKER CORP | SYK | 1,355 | $476,242 | 0.02% |
| 105 | APOLLO GLOBAL MGMT | 03769M106 | 3,232 | $467,864 | 0.02% |
| 106 | ABBOTT LABS | ABLZF | 3,278 | $410,701 | 0.02% |
| 107 | ISHARES | 464287689 | 1,050 | $406,193 | 0.02% |
| 108 | ISHARES TR | 464287804 | 3,350 | $402,603 | 0.02% |
| 109 | TESLA INC | TSLA | 890 | $400,251 | 0.02% |
| 110 | VANGUARD STAR FUND | 921909768 | 5,212 | $393,170 | 0.02% |
| 111 | ISHARES | 464287614 | 717 | $339,356 | 0.01% |
| 112 | VANGUARD WORLD FD | 921910816 | 780 | $321,961 | 0.01% |
| 113 | ORACLE CORP | ORCL-PD | 1,625 | $316,729 | 0.01% |
| 114 | VANGUARD BD INDEX FD | 921937827 | 4,000 | $315,240 | 0.01% |
| 115 | DEERE & CO | DE | 674 | $313,794 | 0.01% |
| 116 | LILLY ELI & CO | LLY | 282 | $303,060 | 0.01% |
| 117 | BERKSHIRE HATHAWAY | BRK-A | 562 | $282,489 | 0.01% |
| 118 | ISHARES TR | 464288323 | 4,941 | $264,393 | 0.01% |
| 119 | VANGUARD WORLD FD | 921910873 | 986 | $247,654 | 0.01% |