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Portfolio (Quarterly) Guide ↗

DAVIDSON INVESTMENT ADVISORS

· CIK 0001140771
13F Portfolio $2.3B AUM 126 positions Filed May 8, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 13 New 41 Added 61 Reduced 6 Exited
Page 2 of 4  ·  61 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 ANET ARISTA NETWORKS IN Technology 200,192.0 $24.6M 1.06% -8K -3.9% $122.78 +29.8%
22 GIL GILDAN ACTIVEWEAR Consumer Cyclical 439,622.0 $24.5M 1.05% -18K -4.0% $55.65 +6.9%
23 VRTX VERTEX PHARMA Healthcare 51,222.0 $22.9M 0.99% -13K -20.2% $446.54 -2.2%
24 SCHW SCHWAB CHARLES CORP Financial Services 235,934.0 $22.2M 0.96% -5K -2.0% $93.98 -4.5%
25 BA BOEING CO Industrials 102,657.0 $20.4M 0.88% -1K -1.2% $199.03 +10.2%
26 CTVA CORTEVA INC Basic Materials 243,812.0 $20.4M 0.88% -8K -3.3% $83.71 -5.1%
27 PM PHILIP MORRIS INTL Consumer Defensive 115,594.0 $19.1M 0.82% -1K -1.0% $165.34 +10.2%
28 EXC EXELON CORP Utilities 387,723.0 $19.0M 0.82% -15K -3.7% $49.02 -5.3%
29 BAC BANK OF AMERICA CORP Financial Services 386,768.0 $18.9M 0.81% -9K -2.2% $48.75 +6.8%
30 ICE INTER CONTINENTAL EX Financial Services 119,361.0 $18.8M 0.81% -1K -1.2% $157.28 -4.1%
31 INTU INTUIT Technology 41,730.0 $18.0M 0.78% -2K -4.1% $432.38 -29.6%
32 BMY BRISTOL MYERS SQUIBB Healthcare 293,103.0 $17.8M 0.77% -6K -2.1% $60.65 -4.0%
33 CVS CVS HEALTH CORP Healthcare 246,079.0 $17.7M 0.76% -5K -1.9% $71.82 +26.9%
34 TRNO TERRENO RLTY CORP Real Estate 274,864.0 $16.9M 0.73% -2K -0.8% $61.42 +8.0%
35 PGR PROGRESSIVE CORP Financial Services 83,945.0 $16.6M 0.72% -568.0 -0.7% $198.24 +0.1%
36 ELAN ELANCO ANIMAL HEALTH Healthcare 670,447.0 $16.0M 0.69% -10K -1.5% $23.93 -6.1%
37 TRMB TRIMBLE INC Technology 241,074.0 $15.7M 0.68% -2K -0.9% $65.23 -14.0%
38 FANG DIAMONDBACK ENERGY Energy 57,022.0 $11.3M 0.49% -783.0 -1.4% $197.79 -1.1%
39 SLAB SILICON LABS INC Technology 52,517.0 $10.9M 0.47% -93K -64.0% $208.15 +4.9%
40 WAFD WAFD INC Financial Services 302,048.0 $9.5M 0.41% -10K -3.3% $31.40 +14.1%
Page 2 of 4  ·  61 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 27.5%
Healthcare 12.3%
Financial Services 11.4%
Communication Services 11.1%
Consumer Cyclical 10.4%
Industrials 9.1%
Real Estate 4.6%
Consumer Defensive 4.1%
Energy 4.1%
Utilities 3.2%