Violich Capital Management, Inc.

CIK

1326766

Location

MILL VALLEY, CA

Portfolio Value

Small $718,964,839

Diversification

Diversified

Filing Date

Global Rank

#2,144 / 8,592 ▼ 14

Top Industry

Software - Infrastructure 14.1%

3Y Alpha vs SPY

-4.7%

Period ended 3 months ago

Filed Apr 8, 2026 · 2mo

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

+57.0%

SPY

+76.8%

Annualised alpha

-4.7%

Max drawdown

−15.7%

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

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

Top Position

13.0%

−0.5 pts

Top 5

42.4%

−2.7 pts

Top 10

59.7%

−3.4 pts

HHI

502

Diversified−61

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	28.1%	$201,998,751	19
Communication Services	14.4%	$103,821,700	4
Financial Services	13.4%	$96,186,819	10
Healthcare	11.6%	$83,303,774	16
Consumer Defensive	11.5%	$82,846,061	9
Industrials	4.5%	$32,471,404	15
Energy	4.2%	$30,331,240	8
Basic Materials	4.0%	$28,933,508	7
Unclassified	4.0%	$28,575,072	5
Consumer Cyclical	3.3%	$23,507,424	5
Utilities	0.9%	$6,704,329	4
Real Estate	0.0%	$284,757	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

19 positions

Ticker	Company	Δ Shares	Shares	Value
PCT	PureCycle Technologies, Inc.	+12,300	61,000	$316,590
EMR	Emerson Electric Co	+4,275	6,525	$854,905
NKE	NIKE, Inc.	+4,150	64,210	$3,391,572
XOM	Exxon Mobil Corp	+3,005	53,360	$9,053,057
NVDA	Nvidia Corp	+2,745	8,755	$1,526,872
CSCO	Cisco Systems, Inc.	+2,550	74,135	$5,752,134
AEM	Agnico Eagle Mines Ltd	+1,567	54,840	$11,131,423
CVX	Chevron Corp	+1,471	73,898	$15,289,496
PM	Philip Morris International Inc.	+890	86,445	$14,292,816
UNH	Unitedhealth Group Inc	+692	31,004	$8,389,372
BHP	BHP Group Ltd	+603	186,929	$13,597,215
HII	Huntington Ingalls Industries, Inc.	+425	2,460	$934,554
LMT	Lockheed Martin Corp	+400	3,410	$2,060,969
LLY	ELI LILLY & Co	+200	1,646	$1,513,941
MCD	Mcdonalds Corp	+100	4,673	$1,452,321
AMZN	Amazon Com Inc	+55	85,714	$17,851,654
MRK	Merck & Co., Inc.	+50	50,257	$6,045,414
GLD	Spdr Gold Trust	+40	51,926	$22,343,238
UNP	Union Pacific Corp	+20	31,475	$7,636,464
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ORCL	Oracle Corp	−17,748	194,735	$28,647,465
COP	Conocophillips	−14,660	29,689	$3,918,948
ADP	Automatic Data Processing Inc	−3,525	16,852	$3,423,989
JNJ	Johnson & Johnson	−2,500	91,538	$22,375,548
CVS	CVS HEALTH Corp	−2,300	47,697	$3,425,598
AAPL	Apple Inc.	−2,090	210,877	$53,518,473
BDX	Becton Dickinson & Co	−1,717	18,569	$2,919,603
V	Visa Inc.	−1,699	141,658	$42,814,713
MSFT	Microsoft Corp	−1,640	179,632	$66,494,377
NXE	NexGen Energy Ltd.	−1,400	41,000	$475,600
DHR	Danaher Corp /De/	−1,167	33,984	$6,443,366
KVUE	Kenvue Inc.	−1,116	32,686	$563,506
PFE	Pfizer Inc	−1,000	27,650	$776,412
ABBV	AbbVie Inc.	−915	110,479	$24,028,077
PEP	Pepsico Inc	−882	72,124	$11,200,135
ACN	Accenture plc	−800	32,381	$6,420,828
COST	Costco Wholesale Corp /New	−729	48,404	$48,231,197
BRK-B	Berkshire Hathaway Inc	−600	57,606	$27,604,795
D	Dominion Energy, Inc	−600	4,055	$250,680
ACMR	ACM Research, Inc.	−550	5,350	$210,522
SOLS	Solstice Advanced Materials Inc.	−532	13,474	$1,026,179
SLV	iShares Silver Trust	−500	42,310	$2,883,003
AMGN	Amgen Inc	−500	9,750	$3,430,537
SYK	Stryker Corp	−500	4,600	$1,511,514
VZ	Verizon Communications Inc	−450	113,060	$5,675,612
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
WAT	Waters Corp /De/	2,886	$859,450
ROST	Ross Stores, Inc.	1,850	$400,765
OVV	Ovintiv Inc.	5,000	$296,800
FITB	Fifth Third Bancorp	6,222	$289,074
VMD	Viemed Healthcare, Inc.	24,450	$225,184
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
FANG	Diamondback Energy, Inc.	2,900	$435,957
WFC	Wells Fargo & Company/Mn	2,500	$233,000
ACIW	Aci Worldwide, Inc.	4,625	$221,121
TPB	Turning Point Brands, Inc.	1,940	$210,296
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

103 positions · $718,964,839 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 103 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GOOGL	Alphabet Inc. Communication Services	Reduced	325,193	-435	$93,512,499	−8.3%	13.01%
MSFT	Microsoft Corp Technology	Reduced	179,632	-1,640	$66,494,377	−24.2%	9.25%
AAPL	Apple Inc. Technology	Reduced	210,877	-2,090	$53,518,473	−7.6%	7.44%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	48,404	-729	$48,231,197	+13.8%	6.71%
V	Visa Inc. Financial Services	Reduced	141,658	-1,699	$42,814,713	−14.8%	5.96%
ORCL	Oracle Corp Technology	Reduced	194,735	-17,748	$28,647,465	−30.8%	3.98%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	57,606	-600	$27,604,795	−5.6%	3.84%
ABBV	AbbVie Inc. Healthcare	Reduced	110,479	-915	$24,028,077	−5.6%	3.34%
JNJ	Johnson & Johnson Healthcare	Reduced	91,538	-2,500	$22,375,548	+15.0%	3.11%
GLD	Spdr Gold Trust	Added	51,926	+40	$22,343,238	+8.7%	3.11%
LRCX	Lam Research Corp Technology	Held	100,250	0	$21,419,415	+24.8%	2.98%
AMZN	Amazon Com Inc Consumer Cyclical	Added	85,714	+55	$17,851,654	−9.7%	2.48%
CVX	Chevron Corp Energy	Added	73,898	+1,471	$15,289,496	+38.5%	2.13%
PM	Philip Morris International Inc. Consumer Defensive	Added	86,445	+890	$14,292,816	+4.2%	1.99%
HON	Honeywell International Inc Industrials	Reduced	61,236	-300	$13,841,173	+15.3%	1.93%
BHP	BHP Group Ltd Basic Materials	Added	186,929	+603	$13,597,215	+20.9%	1.89%
PEP	Pepsico Inc Consumer Defensive	Reduced	72,124	-882	$11,200,135	+6.9%	1.56%
AEM	Agnico Eagle Mines Ltd Basic Materials	Added	54,840	+1,567	$11,131,423	+23.3%	1.55%
XOM	Exxon Mobil Corp Energy	Added	53,360	+3,005	$9,053,057	+49.4%	1.26%
UNH	Unitedhealth Group Inc Healthcare	Added	31,004	+692	$8,389,372	−16.2%	1.17%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	28,182	-83	$8,290,017	−9.0%	1.15%
UNP	Union Pacific Corp Industrials	Added	31,475	+20	$7,636,464	+5.0%	1.06%
AON	Aon plc Financial Services	Reduced	21,365	-243	$6,896,194	−9.6%	0.96%
DHR	Danaher Corp /De/ Healthcare	Reduced	33,984	-1,167	$6,443,366	−19.9%	0.90%
ACN	Accenture plc Technology	Reduced	32,381	-800	$6,420,828	−27.9%	0.89%
MRK	Merck & Co., Inc. Healthcare	Added	50,257	+50	$6,045,414	+14.4%	0.84%
CSCO	Cisco Systems, Inc. Technology	Added	74,135	+2,550	$5,752,134	+4.3%	0.80%
VZ	Verizon Communications Inc Communication Services	Reduced	113,060	-450	$5,675,612	+22.8%	0.79%
AVGO	Broadcom Inc. Technology	Reduced	18,075	-125	$5,594,393	−11.2%	0.78%
MA	Mastercard Inc Financial Services	Reduced	10,188	-85	$5,090,536	−13.2%	0.71%
NEE	Nextera Energy Inc Utilities	Held	52,397	0	$4,866,633	+15.7%	0.68%
GS	Goldman Sachs Group Inc Financial Services	Reduced	5,050	-50	$4,272,249	−4.7%	0.59%
COP	Conocophillips Energy	Reduced	29,689	-14,660	$3,918,948	−5.6%	0.55%
KO	Coca Cola Co Consumer Defensive	Held	46,097	0	$3,505,676	+8.8%	0.49%
AMGN	Amgen Inc Healthcare	Reduced	9,750	-500	$3,430,537	+2.3%	0.48%
CVS	CVS HEALTH Corp Healthcare	Reduced	47,697	-2,300	$3,425,598	−13.7%	0.48%
ADP	Automatic Data Processing Inc Technology	Reduced	16,852	-3,525	$3,423,989	−34.7%	0.48%
NKE	NIKE, Inc. Consumer Cyclical	Added	64,210	+4,150	$3,391,572	−11.4%	0.47%
META	Meta Platforms, Inc. Communication Services	Reduced	5,575	-150	$3,189,624	−15.6%	0.44%
BDX	Becton Dickinson & Co Healthcare	Reduced	18,569	-1,717	$2,919,603	−5.7%	0.41%
SLV	iShares Silver Trust	Reduced	42,310	-500	$2,883,003	+4.5%	0.40%
PG	PROCTER & GAMBLE Co Consumer Defensive	Held	19,564	0	$2,825,824	+0.8%	0.39%
AMD	Advanced Micro Devices Inc Technology	Held	13,100	0	$2,664,933	−5.0%	0.37%
DE	Deere & Co Industrials	Held	4,675	0	$2,633,427	+21.0%	0.37%
SPY	Spdr S&P 500 ETF Trust	Reduced	3,407	-161	$2,215,708	−8.9%	0.31%
CPAY	Corpay, Inc. Technology	Reduced	7,200	-100	$2,095,128	−4.6%	0.29%
LMT	Lockheed Martin Corp Industrials	Added	3,410	+400	$2,060,969	+41.6%	0.29%
WMT	Walmart Inc. Consumer Defensive	Held	12,625	0	$1,569,035	+11.6%	0.22%
RIO	Rio Tinto PLC Basic Materials	Held	16,400	0	$1,529,956	+16.6%	0.21%
NVDA	Nvidia Corp Technology	Added	8,755	+2,745	$1,526,872	+36.2%	0.21%