1y return+17.2%S&P 500 +20.9%
3y return+48.8%S&P 500 +68.5%
5y return+43.3%S&P 500 +74.5%
10y return+149.5%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $249 against $357 in the S&P 500.2
D.a. Davidson & Co.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| VTVVanguard Index Fds | $1.2B | 6.9% | +1.4% |
| VUGVanguard Index Fds | $941.3M | 5.2% | |
| IXUSIshares Tr | $755.3M | 4.2% | +1.9% |
| AGGIshares Tr | $524.1M | 2.9% | +2.5% |
| AAPLApple Inc | $434.3M | 2.4% | −1.5% |
| MSFTMicrosoft Corp | $331.5M | 1.8% | |
| IWNIshares Tr | $283.5M | 1.6% | |
| VEAVanguard Tax-managed Fds | $251.5M | 1.4% | −1.2% |
| AVGOBroadcom Inc | $250.5M | 1.4% | −7.2% |
| SPIBSpdr Series Trust | $223.1M | 1.2% | +2.9% |
| IWOIshares Tr | $216.8M | 1.2% | +1.0% |
| NVDANvidia Corporation | $216.2M | 1.2% | |
| AMZNAmazon Com Inc | $187.0M | 1.0% | +1.1% |
| IWFIshares Tr | $185.0M | 1.0% | −1.6% |
| CGDVCapital Group Dividend Value | $183.9M | 1.0% | +2.5% |
| COSTCostco Wholesale Corporation | $176.6M | 1.0% | |
| VOOVanguard Index Fds | $175.6M | 1.0% | −3.6% |
| CMICummins Inc | $172.1M | 1.0% | −11.2% |
| RTXRtx Corporation | $168.1M | 0.9% | −1.1% |
| IJJIshares Tr | $167.3M | 0.9% | +3.8% |
| JNJJohnson & Johnson | $156.5M | 0.9% | −7.2% |
| GOOGLAlphabet Inc | $156.0M | 0.9% | |
| BRK/BBerkshire Hathaway Inc Del | $152.8M | 0.8% | +2.9% |
| VTIVanguard Index Fds | $151.3M | 0.8% | |
| IJKIshares Tr | $147.0M | 0.8% | +2.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $216.2M |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $250.5M |
| CATCaterpillar Inc | June 30, 2020 | +741.8% | $82.7M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $156.0M |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $112.0M |
| CMICummins Inc | June 30, 2020 | +311.7% | $172.1M |
| JPMJpmorgan Chase & Co | June 30, 2020 | +248.0% | $128.6M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $434.3M |
| COSTCostco Wholesale Corporation | June 30, 2020 | +208.5% | $176.6M |
| RTXRtx Corporation | June 30, 2020 | +207.9% | $168.1M |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $14.9M
- CTRACoterra Energy Inc was $6.8M
- IGLBIshares Tr was $3.2M
- American Woodmark CorpCUSIP 030506109 was $2.5M
- IQDGWisdomtree Tr was $2.4M
- Orla Mng Ltd NewCUSIP 68634K106 was $2.3M
- DBAInvesco Db Multi-sector Comm was $2.1M
- MFSGMfs Active Exchange Traded F was $1.7M
- Dupont De Nemours IncCUSIP 26614N102 was $1.6M
- APAApa Corporation was $1.4M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +9.6% | +14.8% |
| March 31, 2026 | −1.4% | −4.6% |
| December 31, 2025 | +2.0% | +2.4% |
| September 30, 2025 | +6.4% | +7.8% |
| June 30, 2025 | +7.1% | +10.5% |
| March 31, 2025 | −2.0% | −4.6% |
| December 31, 2024 | −0.5% | +2.1% |
| September 30, 2024 | +6.2% | +5.4% |
| June 30, 2024 | +0.9% | +4.0% |
| March 31, 2024 | +7.2% | +10.0% |
| December 31, 2023 | +9.9% | +11.2% |
| September 30, 2023 | −3.7% | −3.6% |
| June 30, 2023 | +4.7% | +8.3% |
| March 31, 2023 | +4.0% | +7.0% |
| December 31, 2022 | +8.4% | +7.1% |
| September 30, 2022 | −5.8% | −5.3% |
| June 30, 2022 | −14.1% | −16.5% |
| March 31, 2022 | −4.4% | −4.9% |
| December 31, 2021 | +6.9% | +10.7% |
| September 30, 2021 | −1.4% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: D.a. Davidson & Co. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1080107&type=13F-HR&dateb=&owner=include&count=40CIK 1080107
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1080107/000108010726000004/Filed July 24, 2026 · accession 0001080107-26-000004