# GRAYBILL WEALTH MANAGEMENT, LTD.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1252007. Source: https://holderbook.com/funds/1252007-graybill-wealth-management-ltd/

- Reported value: $371.5M
- Positions: 82
- Weight of the ten largest: 34.6%
- Filed: 2026-08-17

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 |
|---|---|---|---|---|---|
| FLEX LTD | [FLEX](https://holderbook.com/stocks/FLEX/) | $21.2M | 130,607 | 5.7% | 30 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $19.1M | 53,331 | 5.1% | 30 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $15.6M | 54,059 | 4.2% | 30 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $12.2M | 146,804 | 3.3% | 30 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $12.1M | 32,928 | 3.3% | 30 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $9.9M | 4,997 | 2.7% | 6 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $9.9M | 41,498 | 2.7% | 16 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $9.7M | 25,800 | 2.6% | 6 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $9.6M | 116,587 | 2.6% | 24 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $9.3M | 98,598 | 2.5% | 24 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $9.3M | 8,168 | 2.5% | 30 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $8.8M | 207,522 | 2.4% | 14 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $8.8M | 17,559 | 2.4% | 27 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $8.6M | 45,164 | 2.3% | 24 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $8.6M | 22,933 | 2.3% | 17 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $8.3M | 22,121 | 2.2% | 19 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $8.1M | 91,404 | 2.2% | 30 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $7.7M | 6,540 | 2.1% | 8 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $7.6M | 29,954 | 2.0% | 30 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $7.5M | 16,814 | 2.0% | 30 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $7.3M | 14,652 | 2.0% | 30 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $7.0M | 47,530 | 1.9% | 10 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $6.8M | 30,218 | 1.8% | 24 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $6.5M | 6,783 | 1.8% | 7 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $6.4M | 18,641 | 1.7% | 24 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $5.9M | 18,115 | 1.6% | 30 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $5.9M | 59,526 | 1.6% | 2 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $5.9M | 27,233 | 1.6% | 2 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $5.8M | 77,497 | 1.6% | 27 |
| WOODWARD INC | [WWD](https://holderbook.com/stocks/WWD/) | $5.7M | 13,330 | 1.5% | 30 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $5.6M | 77,212 | 1.5% | 11 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $5.4M | 53,020 | 1.5% | 30 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $5.4M | 59,329 | 1.4% | 30 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $5.4M | 94,166 | 1.4% | 30 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $5.3M | 38,839 | 1.4% | 30 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $5.1M | 97,028 | 1.4% | 19 |
| QXO INC | [QXO](https://holderbook.com/stocks/QXO/) | $5.1M | 292,972 | 1.4% | 4 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $4.9M | 123,611 | 1.3% | 9 |
| WATERS CORP | [WAT](https://holderbook.com/stocks/WAT/) | $4.8M | 12,758 | 1.3% | 4 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $4.6M | 48,124 | 1.2% | 29 |
| OTIS WORLDWIDE CORP | [OTIS](https://holderbook.com/stocks/OTIS/) | $4.4M | 61,117 | 1.2% | 24 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $4.3M | 28,403 | 1.2% | 25 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $3.9M | 28,612 | 1.0% | 21 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $3.1M | 63,759 | 0.8% | 19 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $3.0M | 4,040 | 0.8% | 12 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $2.8M | 2,970 | 0.7% | 30 |
| NEXPOINT RESIDENTIAL TR INC | [NXRT](https://holderbook.com/stocks/NXRT/) | $2.2M | 78,082 | 0.6% | 30 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $1.7M | 15,517 | 0.4% | 10 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.4M | 12,420 | 0.4% | 6 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.3M | 10,047 | 0.3% | 8 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $1.2M | 12,176 | 0.3% | 12 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.1M | 3,256 | 0.3% | 6 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $1.0M | 6,053 | 0.3% | 6 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $981.1K | 818 | 0.3% | 30 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $978.8K | 3,619 | 0.3% | 6 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $940.4K | 7,429 | 0.3% | 3 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $870.3K | 5,935 | 0.2% | 6 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $843.0K | 1,182 | 0.2% | 6 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $779.4K | 10,107 | 0.2% | 12 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $719.0K | 2,110 | 0.2% | 6 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $630.1K | 1,454 | 0.2% | 4 |
| ISHARES TR | [IYR](https://holderbook.com/stocks/IYR/) | $531.7K | 5,200 | 0.1% | 10 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $488.4K | 1,807 | 0.1% | 6 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $473.5K | 8,217 | 0.1% | 6 |
| REAVES UTIL INCOME FD | [UTG](https://holderbook.com/stocks/UTG/) | $461.2K | 11,326 | 0.1% | 30 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $396.2K | 12,392 | 0.1% | 30 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $374.4K | 500 | 0.1% | 6 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $370.0K | 2,973 | 0.1% | 6 |
| WEC ENERGY GROUP INC | [WEC](https://holderbook.com/stocks/WEC/) | $348.1K | 2,981 | 0.1% | 6 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $335.0K | 3,052 | 0.1% | 6 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $317.7K | 4,061 | 0.1% | 6 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $315.9K | 1,579 | 0.1% | 6 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $303.8K | 1,374 | 0.1% | 1 |
| BLACKROCK ETF TRUST II | [CALI](https://holderbook.com/stocks/CALI/) | $303.2K | 6,000 | 0.1% | 4 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $302.0K | 1,349 | 0.1% | 1 |
| TOYOTA MOTOR CORP | [TM](https://holderbook.com/stocks/TM/) | $287.3K | 1,706 | 0.1% | 6 |
| EQUITY RESIDENTIAL | [EQR](https://holderbook.com/stocks/EQR/) | $285.0K | 4,196 | 0.1% | 3 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $258.5K | 5,702 | 0.1% | 7 |
| GRAYSCALE BITCOIN TRUST ETF | [GBTC](https://holderbook.com/stocks/GBTC/) | $227.6K | 5,000 | 0.1% | 9 |
| UNILEVER PLC | [UL](https://holderbook.com/stocks/UL/) | $225.8K | 3,756 | 0.1% | 3 |
| FORD MTR CO | [F](https://holderbook.com/stocks/F/) | $175.8K | 12,650 | 0.0% | 27 |
| BLUE OWL CAPITAL CORPORATION | [OBDC](https://holderbook.com/stocks/OBDC/) | $173.0K | 15,914 | 0.0% | 2 |

## 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 |
|---|---|---|---|---|
| Q2 2026 | +11.9% | +14.8% | -2.9% | 100% |
| Q1 2026 | -2.7% | -4.6% | +2.0% | 100% |
| Q4 2025 | +2.4% | +2.4% | +0.1% | 100% |
| Q3 2025 | +7.2% | +7.8% | -0.6% | 100% |
| Q2 2025 | +6.4% | +10.5% | -4.0% | 100% |
| Q4 2024 | +0.6% | +2.1% | -1.5% | 100% |
| Q3 2024 | +7.5% | +5.4% | +2.1% | 100% |
| Q2 2024 | +0.3% | +4.0% | -3.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $371.5M | 82 |
| Q1 2026 | $328.5M | 83 |
| Q4 2025 | $338.9M | 81 |
| Q3 2025 | $325.3M | 82 |
| Q2 2025 | $306.2M | 79 |
| Q1 2025 | $291.5M | 188 |
| Q3 2024 | $269.8M | 60 |
| Q2 2024 | $246.4M | 57 |
| Q1 2024 | $237.3M | 56 |
| Q4 2023 | $225.9M | 57 |
| Q3 2023 | $205.0M | 54 |
| Q2 2023 | $210.6M | 53 |