D.A. DAVIDSON & CO.

CIK

1080107

Location

GREAT FALLS, MT

Portfolio Value

Mid $7,574,147,080

Diversification

Diversified

Filing Date

Global Rank

#499 / 8,586 ▲ 17

Top Industry

Drug Manufacturers - General 8.0%

3Y Alpha vs SPY

-4.7%

Period ended 3 months ago

Filed May 5, 2026 · 42d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

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

Cloned portfolio

+58.3%

SPY

+78.1%

Annualised alpha

-4.7%

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

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

Top Position

5.1%

−0.3 pts

Top 5

17.3%

−1.6 pts

Top 10

27.7%

−1.6 pts

HHI

126

Diversified−15

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	24.7%	$1,867,482,359	124
Financial Services	16.5%	$1,248,906,482	232
Industrials	12.7%	$963,446,096	138
Healthcare	10.8%	$816,354,641	87
Consumer Cyclical	7.2%	$542,888,442	80
Consumer Defensive	6.9%	$523,388,621	46
Energy	5.8%	$437,442,149	51
Communication Services	4.0%	$304,606,754	26
Unclassified	3.2%	$244,640,643	11
Utilities	2.9%	$217,058,477	52
Basic Materials	2.7%	$206,166,723	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
PIPR	Piper Sandler Companies	4,676	$397,120
EL	Estee Lauder Companies Inc	3,705	$387,987
HII	Huntington Ingalls Industries, Inc.	1,121	$381,218
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

952 positions · $7,574,147,080 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 952 positions by value · page 1 of 20

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
ZONE	CleanCore Solutions, Inc. Industrials	Held	11,493	0	$4,091	+36.9%	0.00%
VRME	VerifyMe, Inc. Industrials	Held	10,424	0	$8,443	+34.8%	0.00%
BRCC	BRC Inc. Consumer Defensive	NEW	11,170	NEW	$8,667	NEW	0.00%
LPRO	Open Lending Corp Financial Services	Added	20,821	+2,526	$26,026	−8.2%	0.00%
BZAI	Blaize Holdings, Inc. Technology	Added	16,500	+2,000	$30,030	+6.2%	0.00%
GNLX	GENELUX Corp Healthcare	Held	21,779	0	$52,705	−44.5%	0.00%
LAC	Lithium Americas Corp. Basic Materials	Reduced	14,000	-8,050	$55,300	−42.5%	0.00%
DC	Dakota Gold Corp. Basic Materials	Reduced	12,562	-75	$63,438	−11.6%	0.00%
FTF	Franklin Ltd Duration Income Trust Financial Services	Held	11,275	0	$65,733	−5.2%	0.00%
BBBY	Bed Bath & Beyond, Inc.	NEW	14,874	NEW	$69,015	NEW	0.00%
HIX	Western Asset High Income Fund II Inc. Financial Services	Held	18,506	0	$73,653	−4.3%	0.00%
SOUN	Soundhound Ai, Inc. Technology	Added	10,814	+343	$74,292	−28.8%	0.00%
IGR	Cbre Global Real Estate Income Fund Financial Services	Reduced	17,245	-700	$75,705	−3.7%	0.00%
GGN	GAMCO Global Gold, Natural Resources & Income Trust Financial Services	Held	14,908	0	$79,310	+3.1%	0.00%
DHY	Credit Suisse High Yield Credit Fund Financial Services	Added	43,766	+86	$83,155	−4.8%	0.00%
BTE	Baytex Energy Corp. Energy	Held	19,195	0	$85,801	+38.4%	0.00%
UAMY	United States Antimony Corp Basic Materials	NEW	10,070	NEW	$87,911	NEW	0.00%
ENVX	Enovix Corp Industrials	Held	17,500	0	$90,650	−29.1%	0.00%
VIRC	Virco Mfg Corporation Consumer Cyclical	Reduced	15,200	-19,900	$93,024	−58.5%	0.00%
MMU	Western Asset Managed Municipals Fund Inc. Financial Services	Added	10,487	+163	$107,806	+0.0%	0.00%
LAR	Lithium Argentina AG Basic Materials	Reduced	16,750	-5,800	$111,890	−11.1%	0.00%
MQY	Blackrock Muniyield Quality Fund, Inc. Financial Services	NEW	10,217	NEW	$112,182	NEW	0.00%
ERIC	Ericsson Lm Telephone Co Technology	Held	10,000	0	$112,700	+16.8%	0.00%
NMZ	Nuveen Municipal High Income Opportunity Fund Financial Services	Held	11,930	0	$123,833	+1.9%	0.00%
MHD	Blackrock Muniholdings Fund, Inc. Financial Services	NEW	11,527	NEW	$130,024	NEW	0.00%
QS	QuantumScape Corp Consumer Cyclical	Reduced	22,297	-686	$142,254	−40.6%	0.00%
FPI	Farmland Partners Inc. Real Estate	Added	12,857	+173	$144,384	+17.5%	0.00%
MRCC	MONROE CAPITAL Corp Financial Services	Added	31,585	+263	$145,291	−27.2%	0.00%
NMR	Nomura Holdings Inc Financial Services	Held	18,500	0	$145,965	−6.0%	0.00%
GUT	Gabelli Utility Trust Financial Services	Added	25,111	+653	$151,921	+3.0%	0.00%
JFR	Nuveen Floating Rate Income Fund Financial Services	Reduced	20,312	-2,664	$152,746	−15.1%	0.00%
NEA	Nuveen AMT-Free Quality Municipal Income Fund Financial Services	Added	14,306	+38	$160,656	−3.2%	0.00%
RGTI	Rigetti Computing, Inc. Technology	Added	11,772	+339	$165,278	−34.7%	0.00%
GWRS	Global Water Resources, Inc. Utilities	Held	21,946	0	$166,570	−10.2%	0.00%
NTSK	Netskope Inc Technology	Added	20,600	+8,050	$174,894	−20.5%	0.00%
NUV	Nuveen Municipal Value Fund Inc Financial Services	Reduced	19,580	-2,389	$176,024	−11.6%	0.00%
KSS	KOHLS Corp Consumer Cyclical	Reduced	13,735	-2,352	$177,181	−46.0%	0.00%
EVN	Eaton Vance Municipal Income Trust Financial Services	Held	17,051	0	$177,500	−3.3%	0.00%
ERII	Energy Recovery, Inc. Industrials	Reduced	17,685	-1,528	$178,087	−31.3%	0.00%
QBTS	D-Wave Quantum Inc. Technology	Added	12,635	+60	$182,323	−44.6%	0.00%
PFD	Flaherty & Crumrine Preferred & Income Fund Inc Financial Services	Held	16,600	0	$185,588	−5.8%	0.00%
HLN	Haleon plc Healthcare	Added	18,600	+299	$186,186	+0.6%	0.00%
NU	Nu Holdings Ltd. Financial Services	Reduced	13,741	-181	$197,458	−15.3%	0.00%
OGN	Organon & Co. Healthcare	Reduced	33,079	-4,465	$198,143	−26.4%	0.00%
FCF	First Commonwealth Financial Corp /Pa/ Financial Services	NEW	11,273	NEW	$198,179	NEW	0.00%
IIIV	i3 Verticals, Inc. Technology	Reduced	8,950	-2,850	$200,122	−32.7%	0.00%
IBN	Icici Bank Ltd Financial Services	Reduced	7,732	-115	$200,258	−14.4%	0.00%
NUW	Nuveen AMT-Free Municipal Value Fund Financial Services	Held	14,000	0	$200,620	+0.1%	0.00%
WHR	Whirlpool Corp /De/ Consumer Cyclical	Reduced	3,722	-8,671	$200,690	−77.6%	0.00%
ELS	Equity Lifestyle Properties Inc Real Estate	NEW	3,219	NEW	$200,929	NEW	0.00%