Institutional Manager · CIK 0001140771
DAVIDSON INVESTMENT ADVISORS
GREAT FALLS, MT · File #028-10301
Latest AUM
$2.40B
Positions
119
Top-10 Concentration
45.1%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | HYATT HOTELS CORP | H | +202,031 | +$32.4M | +$1.3M |
| ADD | META PLATFORMS INC | META | +40,344 | +$26.6M | -$3.0M |
| ADD | NETFLIX INC | NFLX | +245,376 | +$23.0M | -$30.2M |
| REDUCE | ALPHABET INC | GOOG | -73,209 | -$23.0M | +$31.6M |
| EXITED | APTIV PLC | G3265R107 | -246,675 | -$21.3M | $0 |
| REDUCE | SOUTHERN CO | SOMN | -164,192 | -$14.3M | -$1.3M |
| REDUCE | HONEYWELL INTL INC | 438516106 | -72,980 | -$14.2M | -$2.9M |
| NEW | STANDARDAERO INC | SARO | +447,800 | +$12.8M | $0 |
| EXITED | INTL FLAVORS & FRAGR | 459506101 | -122,984 | -$7.6M | $0 |
| NEW | SOLSTICE ADVANCED | 83443Q103 | +112,904 | +$5.5M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025119 pos · $2.40B
- 13F HOLDINGS REPORTQ/E Sep 2025122 pos · $2.36B
- 13F HOLDINGS REPORTQ/E Jun 2025121 pos · $2.22B
- 13F HOLDINGS REPORTQ/E Mar 2025120 pos · $2.03B
- 13F HOLDINGS REPORTQ/E Dec 2024122 pos · $2.06B
- 13F HOLDINGS REPORTQ/E Sep 2024118 pos · $2.07B
- 13F HOLDINGS REPORTQ/E Jun 2024116 pos · $1.94B
- 13F HOLDINGS REPORTQ/E Mar 2024115 pos · $1.93B
- 13F HOLDINGS REPORTQ/E Dec 2023129 pos · $1.57B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 46432F834 | 2,067,533 | $175.0M | 9.04% |
| 2 | ALPHABET INC | GOOG | 376,668 | $118.2M | 6.11% |
| 3 | MICROSOFT CORP | MSFT | 214,758 | $103.9M | 5.37% |
| 4 | AMAZON COM INC | AMZN | 435,958 | $100.6M | 5.20% |
| 5 | APPLE INC | AAPL | 365,179 | $99.3M | 5.13% |
| 6 | TAIWAN SEMICONDUCTOR | 874039100 | 216,638 | $65.8M | 3.40% |
| 7 | NVIDIA CORP | NVDA | 303,681 | $56.6M | 2.93% |
| 8 | META PLATFORMS INC | META | 80,341 | $53.0M | 2.74% |
| 9 | CITIGROUP INC | C-PR | 431,816 | $50.4M | 2.60% |
| 10 | BROADCOM INC | AVGO | 144,899 | $50.1M | 2.59% |
| 11 | RTX CORPORATION | RTX | 269,480 | $49.4M | 2.55% |
| 12 | AGNC INVT CORP | 00123Q104 | 4,298,275 | $46.1M | 2.38% |
| 13 | HYATT HOTELS CORP | H | 272,421 | $43.7M | 2.26% |
| 14 | LABCORP HOLDINGS INC | LH | 159,467 | $40.0M | 2.07% |
| 15 | SEMPRA | SREA | 436,252 | $38.5M | 1.99% |
| 16 | MEDTRONIC PLC | MDT | 374,250 | $36.0M | 1.86% |
| 17 | VISA INC | V | 90,382 | $31.7M | 1.64% |
| 18 | WALMART INC | WMT | 282,167 | $31.4M | 1.62% |
| 19 | GOLDMAN SACHS GROUP | GSCE | 33,654 | $29.6M | 1.53% |
| 20 | VERTEX PHARMA | VRTX | 64,227 | $29.1M | 1.50% |