1y return+13.8%S&P 500 +20.9%
3y return+43.8%S&P 500 +68.5%
5y return+43.5%S&P 500 +74.5%
10y return+174.7%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: $275 against $357 in the S&P 500.2
Davidson Investment AdvisorsS&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 |
|---|---|---|---|
| IXUSIshares Tr | $202.5M | 8.3% | |
| GOOGAlphabet Inc | $117.4M | 4.8% | −8.3% |
| AMZNAmazon Com Inc | $106.7M | 4.4% | −3.5% |
| AAPLApple Inc | $98.9M | 4.0% | −3.4% |
| TSMTaiwan Semiconductor | $95.6M | 3.9% | −4.5% |
| MSFTMicrosoft Corp | $90.6M | 3.7% | −2.6% |
| NVDANvidia Corp | $77.8M | 3.2% | +14.6% |
| HHyatt Hotels Corp | $55.1M | 2.3% | −3.2% |
| METAMeta Platforms Inc | $50.2M | 2.1% | +5.1% |
| AVGOBroadcom Inc | $48.6M | 2.0% | +26.1% |
| Eaton CorporationCUSIP G29183103 | $48.2M | 2.0% | +37.7% |
| CCitigroup Inc | $42.1M | 1.7% | −5.3% |
| VFMOVanguard U.s | $39.0M | 1.6% | +1.8% |
| SRESempra | $38.5M | 1.6% | −2.5% |
| LHLabcorp Holdings Inc | $37.2M | 1.5% | −3.0% |
| AGNCAgnc Invt Corp | $36.7M | 1.5% | −16.2% |
| VVisa Inc | $35.0M | 1.4% | +17.0% |
| CSCOCisco Systems Inc | $34.8M | 1.4% | −8.7% |
| ADIAnalog Devices Inc | $33.1M | 1.4% | −2.4% |
| ANETArista Networks In | $32.0M | 1.3% | −5.9% |
| RTXRtx Corporation | $31.1M | 1.3% | −35.5% |
| EUSAIshares Msci Usa | $28.7M | 1.2% | +1.2% |
| Medtronic PLCCUSIP G5960L103 | $27.3M | 1.1% | −4.1% |
| PANWPalo Alto Networks | $26.9M | 1.1% | −25.9% |
| CIThe Cigna Group | $26.3M | 1.1% | −4.5% |
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 |
|---|---|---|---|
| GSGoldman Sachs Group | September 30, 2020 | +403.3% | $24.9M |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $117.4M |
| Eaton CorporationCUSIP G29183103 | June 30, 2020 | +387.1% | $48.2M |
| NVDANvidia Corp | December 31, 2023 | +304.0% | $77.8M |
| GILGildan Activewear | June 30, 2020 | +233.1% | $21.4M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $98.9M |
| RTXRtx Corporation | June 30, 2020 | +207.9% | $31.1M |
| WMTWalmart Inc | June 30, 2020 | +183.7% | $24.2M |
| CCitigroup Inc | June 30, 2020 | +173.9% | $42.1M |
| SCHWSchwab Charles Corp | June 30, 2020 | +173.5% | $21.7M |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $25.9M
- CUBECubesmart was $16.4M
- PYPLPaypal Hldgs Inc was $12.1M
- VYMVanguard Whitehall F was $8.6M
- PFFIshares Tr was $3.7M
- LVSLas Vegas Sands Corp was $348K
- BDXBecton Dickinson was $326K
- Chubb LimitedCUSIP H1467J104 was $217K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +8.1% | +14.8% |
| March 31, 2026 | −2.5% | −4.6% |
| December 31, 2025 | +2.1% | +2.4% |
| September 30, 2025 | +5.7% | +7.8% |
| June 30, 2025 | +9.0% | +10.5% |
| March 31, 2025 | −3.0% | −4.6% |
| December 31, 2024 | +0.5% | +2.1% |
| September 30, 2024 | +5.2% | +5.4% |
| June 30, 2024 | +0.5% | +4.0% |
| March 31, 2024 | +6.5% | +10.0% |
| December 31, 2023 | +10.0% | +11.2% |
| September 30, 2023 | −4.0% | −3.6% |
| June 30, 2023 | +4.0% | +8.3% |
| March 31, 2023 | +5.7% | +7.0% |
| December 31, 2022 | +7.9% | +7.1% |
| September 30, 2022 | −5.1% | −5.3% |
| June 30, 2022 | −14.0% | −16.5% |
| March 31, 2022 | −3.5% | −4.9% |
| December 31, 2021 | +7.7% | +10.7% |
| September 30, 2021 | −1.0% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Davidson Investment Advisors Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1140771&type=13F-HR&dateb=&owner=include&count=40CIK 1140771
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1140771/000114077126000005/Filed July 21, 2026 · accession 0001140771-26-000005