DAVIDSON INVESTMENT ADVISORS
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| HYATT HOTELS CORP | 70,390 | 272,421 | +202,031 | 9,990,453 | 43,674,535 | +33,684,082 |
| META PLATFORMS INC | 39,997 | 80,341 | +40,344 | 29,373,263 | 53,032,530 | +23,659,267 |
| STANDARDAERO INC | 0 | 447,800 | +447,800 | 0 | 12,842,904 | +12,842,904 |
| ISHARES TR | 2,006,552 | 2,067,533 | +60,981 | 165,701,064 | 174,996,025 | +9,294,961 |
| ALPHABET INC | 449,877 | 376,668 | -73,209 | 109,567,434 | 118,198,278 | +8,630,844 |
| APPLE INC | 363,142 | 365,179 | +2,037 | 92,466,913 | 99,277,523 | +6,810,610 |
| CITIGROUP INC | 437,645 | 431,816 | -5,829 | 44,420,960 | 50,388,600 | +5,967,640 |
| SOLSTICE ADVANCED | 0 | 112,904 | +112,904 | 0 | 5,484,876 | +5,484,876 |
| TAIWAN SEMICONDUCTOR | 217,094 | 216,638 | -456 | 60,632,311 | 65,834,261 | +5,201,950 |
| AMAZON COM INC | 435,893 | 435,958 | +65 | 95,709,026 | 100,627,826 | +4,918,800 |
| VERTEX PHARMA | 62,421 | 64,227 | +1,806 | 24,446,560 | 29,117,953 | +4,671,393 |
| FEDEX CORP | 87,558 | 86,555 | -1,003 | 20,646,999 | 25,002,212 | +4,355,213 |
| AGNC INVT CORP | 4,295,811 | 4,298,275 | +2,464 | 42,055,991 | 46,077,510 | +4,021,519 |
| INTER CONTINENTAL EX | 93,112 | 120,838 | +27,726 | 15,687,510 | 19,570,922 | +3,883,412 |
| FIRST INTST BANCSYS | 403,846 | 481,538 | +77,692 | 12,870,583 | 16,661,227 | +3,790,644 |
| ASTRAZENECA | 238,596 | 240,096 | +1,500 | 18,305,078 | 22,072,017 | +3,766,939 |
| BOEING CO | 87,546 | 103,910 | +16,364 | 18,895,053 | 22,560,939 | +3,665,886 |
| RTX CORPORATION | 273,867 | 269,480 | -4,387 | 45,826,204 | 49,422,675 | +3,596,471 |
| BROADCOM INC | 141,818 | 144,899 | +3,081 | 46,787,172 | 50,149,540 | +3,362,368 |
| PHILIP MORRIS INTL | 95,868 | 116,725 | +20,857 | 15,549,719 | 18,722,703 | +3,172,984 |
| GOLDMAN SACHS GROUP | 33,441 | 33,654 | +213 | 26,630,392 | 29,581,482 | +2,951,090 |
| WALMART INC | 280,996 | 282,167 | +1,171 | 28,959,472 | 31,436,198 | +2,476,726 |
| BRISTOL MYERS SQUIBB | 303,353 | 299,514 | -3,839 | 13,681,228 | 16,155,794 | +2,474,566 |
| GILDAN ACTIVEWEAR | 456,503 | 457,883 | +1,380 | 26,385,873 | 28,599,372 | +2,213,499 |
| CISCO SYSTEMS INC | 367,060 | 354,154 | -12,906 | 25,114,238 | 27,280,505 | +2,166,267 |
| ANALOG DEVICES INC | 90,400 | 89,607 | -793 | 22,211,237 | 24,301,371 | +2,090,134 |
| SPDR SER TR | 0 | 41,339 | +41,339 | 0 | 1,983,859 | +1,983,859 |
| SALESFORCE INC | 87,189 | 85,119 | -2,070 | 20,663,742 | 22,548,817 | +1,885,075 |
| VANGUARD U.S | 139,778 | 146,589 | +6,811 | 26,780,836 | 28,035,146 | +1,254,310 |
| ISHARES MSCI USA | 223,608 | 234,544 | +10,936 | 23,024,916 | 24,244,813 | +1,219,897 |
| BANK OF AMERICA CORP | 401,546 | 395,519 | -6,027 | 20,715,762 | 21,753,518 | +1,037,756 |
| VANECK ETF TR | 369,734 | 386,572 | +16,838 | 17,229,604 | 18,230,736 | +1,001,132 |
| VISA INC | 90,112 | 90,382 | +270 | 30,762,435 | 31,697,871 | +935,436 |
| VANGUARD SCOTTSDAL | 2,647 | 5,283 | +2,636 | 779,063 | 1,586,643 | +807,580 |
| CONSTELLATION BRANDS | 114,161 | 116,883 | +2,722 | 15,374,021 | 16,125,136 | +751,115 |
| SCHWAB CHARLES CORP | 244,491 | 240,830 | -3,661 | 23,341,600 | 24,061,371 | +719,771 |
| CVS HEALTH CORP | 255,001 | 250,941 | -4,060 | 19,224,546 | 19,914,700 | +690,154 |
| COMCAST CORP | 452,318 | 498,197 | +45,879 | 14,211,825 | 14,891,113 | +679,288 |
| NVIDIA CORP | 300,018 | 303,681 | +3,663 | 55,977,377 | 56,636,525 | +659,148 |
| WAFD INC | 309,140 | 312,403 | +3,263 | 9,363,861 | 10,006,279 | +642,418 |
| SPDR S&P 500 ETF TR | 388 | 1,285 | +897 | 258,478 | 876,267 | +617,789 |
| VANGUARD MUN BD FD | 361,914 | 371,923 | +10,009 | 18,121,023 | 18,703,985 | +582,962 |
| ISHARES TR | 0 | 11,832 | +11,832 | 0 | 550,661 | +550,661 |
| QUALCOMM INC | 120,421 | 120,171 | -250 | 20,033,235 | 20,555,247 | +522,012 |
| TERRENO RLTY CORP | 278,223 | 277,182 | -1,041 | 15,789,155 | 16,273,355 | +484,200 |
| ALPHABET INC | 4,920 | 5,267 | +347 | 1,196,052 | 1,648,571 | +452,519 |
| DIAMONDBACK ENERGY | 57,585 | 57,805 | +220 | 8,240,369 | 8,689,779 | +449,410 |
| LINDE PLC | 19,785 | 23,025 | +3,240 | 9,397,875 | 9,817,630 | +419,755 |
| VANGUARD INDEX FDS | 851 | 1,417 | +566 | 521,135 | 888,643 | +367,508 |
| ISHARES TR | 133,335 | 135,539 | +2,204 | 9,077,417 | 9,409,137 | +331,720 |
| VANGUARD BD INDEX FD | 0 | 4,000 | +4,000 | 0 | 315,240 | +315,240 |
| CATERPILLAR INC | 1,299 | 1,429 | +130 | 619,818 | 818,631 | +198,813 |
| VANGUARD WHITEHALL F | 57,911 | 58,144 | +233 | 8,162,555 | 8,344,827 | +182,272 |
| EQT CORP | 178,390 | 184,355 | +5,965 | 9,709,778 | 9,881,428 | +171,650 |
| ISHARES TRUST CORE | 50,196 | 50,277 | +81 | 7,311,001 | 7,475,639 | +164,638 |
| MEDTRONIC PLC | 376,002 | 374,250 | -1,752 | 35,810,442 | 35,950,467 | +140,025 |
| ABBVIE INC | 2,927 | 3,527 | +600 | 677,718 | 805,884 | +128,166 |
| JOHNSON & JOHNSON | 6,099 | 6,026 | -73 | 1,130,956 | 1,247,081 | +116,125 |
| COSTCO WHSL CORP | 887 | 1,055 | +168 | 820,805 | 909,556 | +88,751 |
| LILLY ELI & CO | 282 | 282 | 0 | 215,166 | 303,060 | +87,894 |
| SPDR GOLD TR | 1,945 | 1,945 | 0 | 691,389 | 770,823 | +79,434 |
| ISHARES | 900 | 1,050 | +150 | 341,046 | 406,193 | +65,147 |
| MORGAN STANLEY | 3,427 | 3,427 | 0 | 544,756 | 608,395 | +63,639 |
| JPMORGAN CHASE & CO | 4,093 | 4,152 | +59 | 1,291,055 | 1,337,857 | +46,802 |
| ISHARES | 633 | 717 | +84 | 296,504 | 339,356 | +42,852 |
| APOLLO GLOBAL MGMT | 3,232 | 3,232 | 0 | 430,729 | 467,864 | +37,135 |
| DEERE & CO | 614 | 674 | +60 | 280,758 | 313,794 | +33,036 |
| VANGUARD STAR FUND | 5,212 | 5,212 | 0 | 382,851 | 393,170 | +10,319 |
| TESLA INC | 880 | 890 | +10 | 391,354 | 400,251 | +8,897 |
| VANGUARD WORLD FD | 780 | 780 | 0 | 313,888 | 321,961 | +8,073 |
| VANGUARD WORLD FD | 986 | 986 | 0 | 240,673 | 247,654 | +6,981 |
| ABBOTT LABS | 3,028 | 3,278 | +250 | 405,570 | 410,701 | +5,131 |
| ISHARES TR | 3,350 | 3,350 | 0 | 398,081 | 402,603 | +4,522 |
| BERKSHIRE HATHAWAY | 554 | 562 | +8 | 278,518 | 282,489 | +3,971 |
| VANGUARD INDEX TR | 4,672 | 4,582 | -90 | 1,533,210 | 1,536,207 | +2,997 |
| ISHARES TR | 4,941 | 4,941 | 0 | 263,602 | 264,393 | +791 |
| ISHARES TR | 23,653 | 23,437 | -216 | 1,349,167 | 1,346,690 | -2,477 |
| STRYKER CORP | 1,355 | 1,355 | 0 | 500,903 | 476,242 | -24,661 |
| BECTON DICKINSON | 109,876 | 105,837 | -4,039 | 20,565,401 | 20,539,694 | -25,707 |
| ISHARES TR | 112,347 | 113,909 | +1,562 | 3,552,411 | 3,526,622 | -25,789 |
| VANGUARD INDEX TR | 21,976 | 21,152 | -824 | 5,588,071 | 5,456,172 | -131,899 |
| ORACLE CORP | 1,625 | 1,625 | 0 | 457,015 | 316,729 | -140,286 |
| CORTEVA INC | 251,940 | 252,082 | +142 | 17,038,694 | 16,897,048 | -141,646 |
| SILICON LABS INC | 146,926 | 145,757 | -1,169 | 19,266,406 | 19,050,440 | -215,966 |
| ISHARES TR | 16,658 | 13,559 | -3,099 | 1,335,472 | 1,118,346 | -217,126 |
| CAMDEN PPTY TR | 163,918 | 156,964 | -6,954 | 17,503,118 | 17,278,550 | -224,568 |
| ISHARES TR | 52,707 | 49,865 | -2,842 | 5,612,768 | 5,341,040 | -271,728 |
| EXELON CORP | 398,703 | 402,520 | +3,817 | 17,945,622 | 17,545,847 | -399,775 |
| ISHARES TRUST | 17,719 | 9,747 | -7,972 | 1,156,342 | 643,302 | -513,040 |
| ADOBE INC | 27,402 | 25,886 | -1,516 | 9,666,056 | 9,059,841 | -606,215 |
| FULLER H B CO | 215,554 | 203,852 | -11,702 | 12,778,041 | 12,121,040 | -657,001 |
| FORTINET INC | 267,194 | 273,952 | +6,758 | 22,465,672 | 21,754,528 | -711,144 |
| NORFOLK SOUTHERN | 55,224 | 54,626 | -598 | 16,589,888 | 15,771,663 | -818,225 |
| LAS VEGAS SANDS CORP | 269,601 | 209,394 | -60,207 | 14,501,831 | 13,629,447 | -872,384 |
| INTUIT | 43,627 | 43,529 | -98 | 29,793,261 | 28,834,428 | -958,833 |
| SEMPRA | 439,147 | 436,252 | -2,895 | 39,514,433 | 38,516,675 | -997,758 |
| CHEVRON CORP | 140,583 | 136,334 | -4,249 | 21,831,079 | 20,778,629 | -1,052,450 |
| OTIS WORLDWIDE CORP | 287,918 | 288,568 | +650 | 26,324,343 | 25,206,415 | -1,117,928 |
| PFIZER INC | 592,531 | 557,807 | -34,724 | 15,097,678 | 13,889,398 | -1,208,280 |
| TRIMBLE INC | 249,898 | 243,309 | -6,589 | 20,404,172 | 19,063,260 | -1,340,912 |