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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 7  ·  126 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 GS GOLDMAN SACHS GROUP Financial Services 32,327.0 $27.3M 1.18% -1K -3.9% $845.98 +17.8%
22 ADI ANALOG DEVICES INC Technology 85,428.0 $27.2M 1.17% -4K -4.7% $318.14 +24.8%
23 CI THE CIGNA GROUP Healthcare 99,869.0 $26.6M 1.15% +38K +61.2% $266.75 +7.3%
24 FDX FEDEX CORP Industrials 74,340.0 $26.5M 1.14% -12K -14.1% $356.18 +10.7%
25 V VISA INC Financial Services 87,255.0 $26.4M 1.14% -3K -3.5% $302.24 +8.8%
26 HON HONEYWELL INTL INC Industrials 114,519.0 $25.9M 1.12% -4K -3.0% $226.03 +0.8%
27 NFLX NETFLIX INC Communication Services 263,912.0 $25.4M 1.09% -9K -3.2% $96.15 -7.9%
28 EUSA ISHARES MSCI USA 248,620.0 $25.3M 1.09% +14K +6.0% $101.77 +9.1%
29 CSCO CISCO SYSTEMS INC Technology 324,766.0 $25.2M 1.09% -29K -8.3% $77.59 +55.2%
30 ANET ARISTA NETWORKS IN Technology 200,192.0 $24.6M 1.06% -8K -3.9% $122.78 +25.5%
31 GIL GILDAN ACTIVEWEAR Consumer Cyclical 439,622.0 $24.5M 1.05% -18K -4.0% $55.65 +4.5%
32 EOG EOG RESOURCES INC Energy 167,294.0 $24.2M 1.04% +5K +3.1% $144.57 -2.3%
33 VRTX VERTEX PHARMA Healthcare 51,222.0 $22.9M 0.99% -13K -20.2% $446.54 -2.7%
34 OTIS OTIS WORLDWIDE CORP Industrials 295,674.0 $22.8M 0.98% +7K +2.5% $77.08 -5.6%
35 AZN ASTRAZENECA PLC Healthcare 115,341.0 $22.7M 0.98% NEW $197.22 -5.2%
36 SCHW SCHWAB CHARLES CORP Financial Services 235,934.0 $22.2M 0.96% -5K -2.0% $93.98 -4.1%
37 HD HOME DEPOT INC Consumer Cyclical 64,932.0 $21.4M 0.92% +1K +1.8% $328.89 -4.8%
38 BA BOEING CO Industrials 102,657.0 $20.4M 0.88% -1K -1.2% $199.03 +10.0%
39 TMUS T-MOBILE US INC Communication Services 97,193.0 $20.4M 0.88% $210.03 -8.8%
40 CTVA CORTEVA INC Basic Materials 243,812.0 $20.4M 0.88% -8K -3.3% $83.71 -5.0%
Page 2 of 7  ·  126 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%