D.A. DAVIDSON & CO.

CIK

1080107

Location

GREAT FALLS, MT

Portfolio Value

Mid $7,482,923,128

Diversification

Diversified

Filing Date

Global Rank

#501 / 8,603 ▲ 12 · as of Mar 2026

Top Industry

Drug Manufacturers - General 8.1%

3Y Alpha vs SPY

-3.7%

Period ended 3 months ago

Filed May 5, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+60.8%

SPY

+76.5%

Annualised alpha

-3.7%

Max drawdown

−17.1%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

954 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

5.2%

−0.2 pts

Top 5

17.5%

−1.6 pts

Top 10

28.0%

−1.5 pts

HHI

128

Diversified−15

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	24.7%	$1,849,390,414	124
Financial Services	16.7%	$1,247,147,735	235
Industrials	12.8%	$961,084,417	138
Healthcare	10.9%	$816,354,641	87
Consumer Cyclical	7.2%	$542,076,018	80
Consumer Defensive	7.0%	$523,388,621	46
Energy	4.9%	$366,179,690	50
Communication Services	4.1%	$304,606,754	26
Unclassified	3.3%	$244,640,643	11
Utilities	2.9%	$217,058,477	52
Basic Materials	2.8%	$209,230,025	54
Real Estate	2.7%	$201,765,693	51

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NOW	ServiceNow, Inc.	+165,171	304,399	$31,824,915
BPRE	Bluerock Private Real Estate Fund	+145,423	157,644	$2,618,466
BTZ	Blackrock Credit Allocation Income Trust	+144,213	382,991	$3,868,209
VZLA	Vizsla Silver Corp.	+134,250	354,250	$1,169,025
WU	Western Union CO	+122,491	199,015	$1,737,400
FCX	Freeport-Mcmoran Inc	+109,856	299,493	$17,604,198
PFE	Pfizer Inc	+90,012	3,184,965	$89,433,817
COLD	Americold Realty Trust	+79,329	228,869	$2,622,838
F	Ford Motor Co	+78,108	445,895	$5,145,628
UMH	Umh Properties, Inc.	+71,015	1,771,311	$25,560,017
OKE	Oneok Inc /New/	+68,046	176,948	$15,994,329
VZ	Verizon Communications Inc	+62,688	648,540	$32,556,708
CAG	Conagra Brands Inc.	+62,087	200,325	$3,149,109
ADP	Automatic Data Processing Inc	+56,836	434,698	$88,321,939
AMRZ	Amrize Ltd	+56,602	89,681	$5,023,929
CHI	Calamos Convertible Opportunities & Income Fund	+51,780	1,097,250	$11,784,465
BNL	Broadstone Net Lease, Inc.	+51,482	143,066	$2,613,815
T	At&T Inc.	+50,745	495,884	$14,375,677
SOFI	SoFi Technologies, Inc.	+48,682	267,848	$4,253,426
LYB	LyondellBasell Industries N.V.	+46,544	52,422	$4,223,116
ACN	Accenture plc	+42,349	305,168	$60,511,762
SYY	Sysco Corp	+41,976	213,490	$15,228,241
MSFT	Microsoft Corp	+40,941	885,023	$327,608,963
CNH	CNH Industrial N.V.	+40,211	299,410	$3,293,510
AA	Alcoa Corp	+39,566	54,282	$3,600,525
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
VALE	Vale S.A.	−151,570	34,347	$546,460
HL	Hecla Mining Co/De/	−135,604	21,680	$403,898
TCPC	BlackRock TCP Capital Corp.	−122,395	65,877	$237,815
PYPL	PayPal Holdings, Inc.	−82,674	104,820	$4,741,008
ADPT	Adaptive Biotechnologies Corp	−60,300	25,750	$357,410
VLO	Valero Energy Corp/Tx	−59,183	52,336	$12,931,178
JNJ	Johnson & Johnson	−50,822	663,775	$162,253,161
KHC	Kraft Heinz Co	−49,468	20,777	$467,274
UGI	Ugi Corp /Pa/	−44,444	10,038	$365,583
APA	APA Corp	−43,596	31,904	$1,354,005
NEE	Nextera Energy Inc	−43,150	1,031,531	$95,808,599
FNF	Fidelity National Financial, Inc.	−37,714	36,036	$1,671,349
B	Barrick Mining Corp	−35,274	71,296	$2,908,163
CSCO	Cisco Systems, Inc.	−33,357	461,597	$35,815,311
ADBE	Adobe Inc.	−32,557	42,490	$10,328,469
CMI	Cummins Inc	−31,151	271,554	$146,101,483
OBDC	Blue Owl Capital Corp	−29,777	207,658	$2,296,697
RTX	RTX Corp	−29,538	895,509	$172,743,686
PLD	Prologis, Inc.	−28,820	566,692	$74,905,348
MRNA	Moderna, Inc.	−28,170	55,397	$2,814,167
FTHY	First Trust High Yield Opportunities 2027 Term Fund	−27,797	325,719	$4,406,978
NAC	Nuveen California Quality Municipal Income Fund	−19,904	105,292	$1,226,651
VIRC	Virco Mfg Corporation	−19,900	15,200	$93,024
CRM	Salesforce, Inc.	−18,653	39,088	$7,296,556
SLV	iShares Silver Trust	−18,464	143,852	$9,802,075
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
TTAN	ServiceTitan, Inc.	132,390	$8,401,469
AZN	Astrazeneca PLC	22,421	$4,421,869
IBRX	ImmunityBio, Inc.	558,209	$4,281,463
MSTR	Strategy Inc	30,929	$3,859,939
KDP	Keurig Dr Pepper Inc.	130,192	$3,427,955
BBY	Best Buy Co Inc	48,383	$3,106,188
CGNX	Cognex Corp	56,352	$2,760,684
SCI	Service Corp International	32,562	$2,686,690
JHX	James Hardie Industries plc	135,195	$2,560,593
ORLA	Orla Mining Ltd.	143,915	$2,321,348
AMCR	Amcor plc	47,607	$1,892,378
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	91,536	$1,470,983
CRS	Carpenter Technology Corp	3,406	$1,342,474
SYNA	SYNAPTICS Inc	19,075	$1,336,013
IPAR	Interparfums Inc	14,262	$1,295,560
CVI	Cvr Energy Inc	37,090	$1,248,078
SRRK	Scholar Rock Holding Corp	24,832	$1,220,741
IPGP	Ipg Photonics Corp	10,207	$1,169,620
VC	Visteon Corp	12,074	$1,100,062
RELY	Remitly Global, Inc.	60,613	$949,805
FLO	Flowers Foods Inc	96,375	$785,456
TLN	Talen Energy Corp	2,373	$757,532
KMPR	KEMPER Corp	21,881	$668,683
AG	First Majestic Silver Corp	29,900	$642,252
MUC	Blackrock Muniholdings California Quality Fund, Inc.	59,490	$618,696
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
MKTX	Marketaxess Holdings Inc	20,234	$3,667,412
ICLR	Icon PLC	19,778	$3,603,947
COOK	Traeger, Inc.	35,300	$1,906,200
ANGO	Angiodynamics Inc	136,333	$1,750,515
CAE	Cae Inc	52,456	$1,595,711
PPTA	Perpetua Resources Corp.	55,076	$1,333,389
PSNL	Personalis, Inc.	145,507	$1,158,235
LOGI	Logitech International S.A.	10,887	$1,091,095
THR	Thermon Group Holdings, Inc.	28,678	$1,065,674
AHRT	AH Realty Trust, Inc.	158,685	$1,050,494
CHWY	Chewy, Inc.	28,724	$949,328
ZS	Zscaler, Inc.	3,232	$726,941
EXAS	EXACT SCIENCES CORP	7,065	$717,521
BXMX	Nuveen S&P 500 BuyWrite Income Fund	44,517	$654,399
ODD	Oddity Tech Ltd	15,953	$640,991
DIAX	Nuveen Dow 30sm Dynamic Overwrite Fund	39,943	$609,530
TAP	Molson Coors Beverage Co	12,427	$580,092
WYNN	Wynn Resorts Ltd	4,625	$556,526
ANVS	Annovis Bio, Inc.	160,779	$556,295
DKNG	DraftKings Inc.	15,424	$531,511
LAD	Lithia Motors Inc	1,245	$413,750
NXST	Nexstar Media Group, Inc.	2,024	$410,973
EL	Estee Lauder Companies Inc	3,705	$387,987
HII	Huntington Ingalls Industries, Inc.	1,121	$381,218
HUM	Humana Inc	1,448	$370,876
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

954 positions · $7,482,923,128 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 954 positions by value · page 1 of 20

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	1,523,959	+27,114	$386,765,554	−5.0%	5.17%
MSFT	Microsoft Corp Technology	Added	885,023	+40,941	$327,608,963	−19.7%	4.38%
AVGO	Broadcom Inc. Technology	Reduced	714,286	-16,958	$221,078,659	−12.6%	2.95%
NVDA	Nvidia Corp Technology	Reduced	1,082,530	-1,977	$188,793,231	−6.7%	2.52%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	189,386	+994	$188,709,891	+16.2%	2.52%
RTX	RTX Corp Industrials	Reduced	895,509	-29,538	$172,743,686	+1.8%	2.31%
JNJ	Johnson & Johnson Healthcare	Reduced	663,775	-50,822	$162,253,161	+9.7%	2.17%
AMZN	Amazon Com Inc Consumer Cyclical	Added	776,250	+23,811	$161,669,586	−6.9%	2.16%
CMI	Cummins Inc Industrials	Reduced	271,554	-31,151	$146,101,483	−5.4%	1.95%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	296,807	+1,436	$142,229,914	−4.2%	1.90%
GOOGL	Alphabet Inc. Communication Services	Reduced	437,268	-4,851	$125,740,786	−9.1%	1.68%
CB	Chubb Ltd Financial Services	Added	363,955	+1,034	$118,623,853	+4.7%	1.59%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	398,461	-13,334	$117,211,287	−11.7%	1.57%
V	Visa Inc. Financial Services	Added	360,002	+8,771	$108,807,004	−11.7%	1.45%
QQQ	Invesco Qqq Trust, Series 1	Reduced	182,913	-1,165	$105,573,725	−6.6%	1.41%
NEE	Nextera Energy Inc Utilities	Reduced	1,031,531	-43,150	$95,808,599	+11.0%	1.28%
PFE	Pfizer Inc Healthcare	Added	3,184,965	+90,012	$89,433,817	+16.1%	1.20%
ADP	Automatic Data Processing Inc Technology	Added	434,698	+56,836	$88,321,939	−9.1%	1.18%
CVX	Chevron Corp Energy	Added	416,011	+275	$86,072,675	+35.8%	1.15%
AMGN	Amgen Inc Healthcare	Reduced	241,522	-6,632	$84,979,515	+4.6%	1.14%
PEP	Pepsico Inc Consumer Defensive	Added	524,014	+11,296	$81,374,134	+10.6%	1.09%
SPGI	S&P Global Inc. Financial Services	Added	196,585	+20,303	$79,106,393	−9.2%	1.06%
PLD	Prologis, Inc. Real Estate	Reduced	566,692	-28,820	$74,905,348	−1.5%	1.00%
MRK	Merck & Co., Inc. Healthcare	Reduced	572,593	-4,366	$68,877,211	+13.4%	0.92%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	286,679	-1,380	$67,736,514	−2.5%	0.91%
SPY	Spdr S&P 500 ETF Trust	Added	101,454	+689	$65,979,594	−4.0%	0.88%
ACN	Accenture plc Technology	Added	305,168	+42,349	$60,511,762	−14.2%	0.81%
ABBV	AbbVie Inc. Healthcare	Added	272,607	+1,491	$59,289,296	−4.3%	0.79%
QCOM	Qualcomm Inc/De Technology	Added	459,103	+1,736	$59,123,284	−24.4%	0.79%
CAT	Caterpillar Inc Industrials	Reduced	80,366	-1,956	$56,936,096	+20.7%	0.76%
ECL	Ecolab Inc. Basic Materials	Added	212,011	+2,032	$56,399,166	+2.3%	0.75%
META	Meta Platforms, Inc. Communication Services	Added	96,569	+4,701	$55,250,021	−8.9%	0.74%
WMT	Walmart Inc. Consumer Defensive	Reduced	443,885	-5,300	$55,166,027	+10.2%	0.74%
GS	Goldman Sachs Group Inc Financial Services	Reduced	57,768	-4,949	$48,871,150	−11.4%	0.65%
LLY	ELI LILLY & Co Healthcare	Added	52,466	+2,548	$48,256,652	−10.0%	0.64%
DE	Deere & Co Industrials	Reduced	80,570	-2,206	$45,385,081	+17.8%	0.61%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	140,424	-3,600	$43,642,374	−0.9%	0.58%
IBM	International Business Machines Corp Technology	Reduced	177,820	-18,453	$43,101,789	−25.9%	0.58%
BA	Boeing Co Industrials	Added	211,881	+8,620	$42,170,675	−4.4%	0.56%
SCHW	Schwab Charles Corp Financial Services	Added	430,319	+20,127	$40,441,379	−1.3%	0.54%
GLD	Spdr Gold Trust	Added	92,906	+1,263	$39,976,522	+10.1%	0.53%
TSLA	Tesla, Inc. Consumer Cyclical	Added	97,181	+2,792	$36,127,036	−14.9%	0.48%
CSCO	Cisco Systems, Inc. Technology	Reduced	461,597	-33,357	$35,815,311	−6.1%	0.48%
UNP	Union Pacific Corp Industrials	Reduced	143,714	-7,701	$34,867,890	−0.4%	0.47%
DUK	Duke Energy CORP Utilities	Added	254,101	+4,006	$33,271,984	+13.5%	0.44%
VZ	Verizon Communications Inc Communication Services	Added	648,540	+62,688	$32,556,708	+36.4%	0.44%
NVS	Novartis AG Healthcare	Reduced	212,815	-6,899	$32,507,491	+7.3%	0.43%
NOW	ServiceNow, Inc. Technology	Added	304,399	+165,171	$31,824,915	+49.2%	0.43%
EOG	Eog Resources Inc Energy	Added	211,396	+3,841	$30,561,519	+40.2%	0.41%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	209,047	+3,575	$30,194,748	+2.5%	0.40%