# TRUST CO OF VERMONT

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1134008. Source: https://holderbook.com/funds/1134008-trust-co-of-vermont/

- Reported value: $2.7B
- Positions: 1,154
- Weight of the ten largest: 33.3%
- Filed: 2026-08-07

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $169.3M | 585,123 | 6.3% | 30 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $130.0M | 367,828 | 4.8% | 30 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $94.9M | 254,322 | 3.5% | 30 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $86.6M | 119,735 | 3.2% | 30 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $81.5M | 341,911 | 3.0% | 30 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $72.7M | 363,585 | 2.7% | 30 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $70.6M | 215,608 | 2.6% | 30 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $69.4M | 203,595 | 2.6% | 30 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $64.3M | 128,488 | 2.4% | 30 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $54.6M | 79,463 | 2.0% | 30 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $53.8M | 212,013 | 2.0% | 30 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $48.9M | 52,299 | 1.8% | 30 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $48.0M | 100,462 | 1.8% | 15 |
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $45.2M | 900,431 | 1.7% | 30 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $40.9M | 162,450 | 1.5% | 30 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $39.1M | 69,372 | 1.5% | 30 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $37.7M | 429,130 | 1.4% | 30 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $33.3M | 431,810 | 1.2% | 30 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $32.3M | 90,436 | 1.2% | 30 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $30.1M | 100,678 | 1.1% | 6 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $28.9M | 56,288 | 1.1% | 30 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $26.6M | 27,677 | 1.0% | 6 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $26.3M | 314,394 | 1.0% | 30 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $26.1M | 137,803 | 1.0% | 9 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $26.1M | 65,795 | 1.0% | 30 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $25.8M | 75,217 | 1.0% | 30 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $25.6M | 172,840 | 1.0% | 30 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $25.3M | 50,515 | 0.9% | 30 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $24.7M | 112,190 | 0.9% | 30 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $24.6M | 167,914 | 0.9% | 30 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $24.1M | 205,490 | 0.9% | 30 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $23.9M | 166,839 | 0.9% | 30 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $23.0M | 54,039 | 0.9% | 30 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $20.8M | 59,110 | 0.8% | 30 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $20.4M | 91,239 | 0.8% | 30 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $20.4M | 75,008 | 0.8% | 30 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $19.9M | 71,350 | 0.7% | 30 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $18.8M | 49,637 | 0.7% | 30 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $18.3M | 295,938 | 0.7% | 30 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $18.0M | 159,275 | 0.7% | 30 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $17.3M | 191,092 | 0.6% | 30 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $16.1M | 117,767 | 0.6% | 30 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $16.1M | 97,038 | 0.6% | 30 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $15.9M | 223,679 | 0.6% | 30 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $15.3M | 69,194 | 0.6% | 30 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $15.0M | 110,474 | 0.6% | 30 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $13.7M | 106,435 | 0.5% | 30 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $12.7M | 11,962 | 0.5% | 30 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $12.7M | 125,859 | 0.5% | 6 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $12.5M | 42,758 | 0.5% | 30 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $12.5M | 33,724 | 0.5% | 30 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $12.4M | 55,162 | 0.5% | 30 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $12.3M | 45,688 | 0.5% | 30 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $12.3M | 78,520 | 0.5% | 30 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $12.1M | 17,022 | 0.5% | 30 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $12.1M | 43,069 | 0.5% | 30 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $11.8M | 77,774 | 0.4% | 30 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $11.6M | 18,240 | 0.4% | 30 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $11.4M | 48,055 | 0.4% | 30 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $11.2M | 15,026 | 0.4% | 30 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $10.9M | 61,246 | 0.4% | 30 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $10.8M | 185,796 | 0.4% | 6 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $10.6M | 39,339 | 0.4% | 30 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $10.2M | 8,529 | 0.4% | 30 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $10.1M | 186,372 | 0.4% | 30 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $10.0M | 167,562 | 0.4% | 30 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $9.9M | 31,406 | 0.4% | 30 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $9.9M | 72,793 | 0.4% | 16 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $9.4M | 12,718 | 0.3% | 30 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $9.2M | 29,400 | 0.3% | 30 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $9.2M | 12,272 | 0.3% | 30 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $8.9M | 20,494 | 0.3% | 6 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $8.5M | 82,754 | 0.3% | 30 |
| CORTEVA INC | [CTVA](https://holderbook.com/stocks/CTVA/) | $8.4M | 99,381 | 0.3% | 26 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $8.4M | 35,021 | 0.3% | 24 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $8.3M | 24,582 | 0.3% | 30 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $8.2M | 22,744 | 0.3% | 30 |
| CHURCH & DWIGHT CO INC | [CHD](https://holderbook.com/stocks/CHD/) | $8.0M | 82,224 | 0.3% | 30 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $7.3M | 14,375 | 0.3% | 30 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $7.3M | 46,466 | 0.3% | 30 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $7.2M | 27,630 | 0.3% | 30 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $7.0M | 56,657 | 0.3% | 30 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $6.8M | 46,643 | 0.3% | 30 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $6.8M | 30,592 | 0.3% | 30 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $6.8M | 19,977 | 0.3% | 30 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $6.3M | 51,986 | 0.2% | 30 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $6.0M | 50,314 | 0.2% | 18 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $5.9M | 42,176 | 0.2% | 30 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $5.7M | 77,349 | 0.2% | 30 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $5.6M | 23,674 | 0.2% | 30 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $5.6M | 34,268 | 0.2% | 30 |
| M & T BK CORP | [MTB](https://holderbook.com/stocks/MTB/) | $5.3M | 22,092 | 0.2% | 30 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $5.1M | 89,994 | 0.2% | 30 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $5.0M | 40,149 | 0.2% | 30 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $5.0M | 32,999 | 0.2% | 30 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $4.7M | 57,512 | 0.2% | 30 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $4.5M | 8,605 | 0.2% | 13 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $4.4M | 14,757 | 0.2% | 30 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $4.4M | 27,803 | 0.2% | 30 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $4.3M | 11,572 | 0.2% | 30 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q1 2026 | -2.6% | -4.6% | +2.0% | 100% |
| Q4 2025 | +2.1% | +2.4% | -0.2% | 100% |
| Q3 2025 | +6.1% | +7.8% | -1.7% | 100% |
| Q2 2025 | +5.7% | +10.5% | -4.8% | 100% |
| Q1 2025 | -2.1% | -4.6% | +2.5% | 100% |
| Q4 2024 | -0.4% | +2.1% | -2.6% | 100% |
| Q3 2024 | +6.8% | +5.4% | +1.3% | 100% |
| Q2 2024 | +1.7% | +4.0% | -2.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $2.7B | 1,154 |
| Q4 2025 | $2.4B | 1,131 |
| Q3 2025 | $2.3B | 1,094 |
| Q2 2025 | $2.1B | 1,085 |
| Q1 2025 | $2.0B | 1,031 |
| Q4 2024 | $2.1B | 1,051 |
| Q3 2024 | $2.0B | 1,063 |
| Q2 2024 | $1.8B | 901 |
| Q1 2024 | $1.8B | 846 |
| Q4 2023 | $1.5B | 799 |
| Q3 2023 | $1.5B | 812 |
| Q2 2023 | $1.5B | 827 |