# Sabal Trust CO

> Institutional holdings reported to the SEC as of Q1 2025 on Form 13F. CIK 1323276. Source: https://holderbook.com/funds/1323276-sabal-trust-co/

- Reported value: $1.8B
- Positions: 233
- Weight of the ten largest: 25.0%
- Filed: 2025-04-23

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 |
|---|---|---|---|---|---|
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $64.9M | 172,946 | 3.6% | 26 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $51.9M | 211,479 | 2.9% | 26 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $48.3M | 208,667 | 2.7% | 26 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $46.0M | 219,450 | 2.6% | 12 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $44.1M | 198,351 | 2.4% | 26 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $43.4M | 365,177 | 2.4% | 26 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $41.0M | 112,000 | 2.3% | 26 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $38.0M | 341,875 | 2.1% | 12 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $37.2M | 288,320 | 2.1% | 26 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $35.2M | 196,089 | 2.0% | 20 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $34.7M | 224,685 | 1.9% | 26 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $33.9M | 747,966 | 1.9% | 26 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $33.9M | 204,131 | 1.9% | 26 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $33.8M | 302,588 | 1.9% | 26 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $33.4M | 371,212 | 1.9% | 23 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $32.6M | 62,252 | 1.8% | 20 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $31.8M | 443,661 | 1.8% | 26 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $31.4M | 187,932 | 1.7% | 26 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $31.4M | 374,780 | 1.7% | 26 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $30.7M | 98,396 | 1.7% | 26 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $30.7M | 174,518 | 1.7% | 9 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $28.9M | 169,706 | 1.6% | 26 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $28.5M | 104,532 | 1.6% | 20 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $28.5M | 419,531 | 1.6% | 1 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $28.1M | 118,790 | 1.6% | 26 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $27.1M | 222,325 | 1.5% | 26 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $27.0M | 28,485 | 1.5% | 1 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $26.9M | 110,182 | 1.5% | 1 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $26.6M | 295,873 | 1.5% | 26 |
| AMERICAN WTR WKS CO INC NEW | [AWK](https://holderbook.com/stocks/AWK/) | $26.3M | 178,409 | 1.5% | 6 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $26.0M | 83,484 | 1.4% | 13 |
| MID-AMER APT CMNTYS INC | [MAA](https://holderbook.com/stocks/MAA/) | $25.4M | 151,380 | 1.4% | 23 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $25.0M | 100,385 | 1.4% | 26 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $24.8M | 350,336 | 1.4% | 26 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $24.8M | 250,958 | 1.4% | 8 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $24.7M | 79,021 | 1.4% | 20 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $24.3M | 115,928 | 1.3% | 23 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $23.6M | 304,421 | 1.3% | 8 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $23.5M | 156,983 | 1.3% | 26 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $23.4M | 254,586 | 1.3% | 6 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $23.1M | 554,076 | 1.3% | 8 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $22.7M | 263,452 | 1.3% | 18 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $21.2M | 837,870 | 1.2% | 26 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $19.5M | 177,334 | 1.1% | 26 |
| STANLEY BLACK & DECKER INC | [SWK](https://holderbook.com/stocks/SWK/) | $19.2M | 250,300 | 1.1% | 4 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $16.4M | 123,947 | 0.9% | 12 |
| BEST BUY INC | [BBY](https://holderbook.com/stocks/BBY/) | $16.1M | 218,846 | 0.9% | 14 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $12.2M | 232,182 | 0.7% | 26 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $9.7M | 18,289 | 0.5% | 26 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $9.3M | 48,971 | 0.5% | 12 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $8.4M | 14,613 | 0.5% | 8 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $7.9M | 14,423 | 0.4% | 8 |
| VANGUARD WORLD FD | [VFH](https://holderbook.com/stocks/VFH/) | $7.8M | 65,195 | 0.4% | 26 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $7.5M | 51,404 | 0.4% | 26 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $7.1M | 12,725 | 0.4% | 26 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $6.6M | 50,097 | 0.4% | 26 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $6.5M | 12,043 | 0.4% | 26 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $6.3M | 18,100 | 0.4% | 18 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $5.8M | 110,681 | 0.3% | 26 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $5.7M | 37,170 | 0.3% | 12 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $5.6M | 20,538 | 0.3% | 26 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $5.6M | 51,885 | 0.3% | 8 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $5.6M | 69,860 | 0.3% | 5 |
| PIMCO ETF TR | [PYLD](https://holderbook.com/stocks/PYLD/) | $5.4M | 205,706 | 0.3% | 2 |
| ISHARES TR | [IBDW](https://holderbook.com/stocks/IBDW/) | $5.0M | 241,959 | 0.3% | 4 |
| ISHARES TR | [IBDX](https://holderbook.com/stocks/IBDX/) | $4.9M | 196,089 | 0.3% | 4 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $4.8M | 30,919 | 0.3% | 12 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $4.7M | 5,648 | 0.3% | 26 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $4.6M | 54,197 | 0.3% | 26 |
| ISHARES TR | [IBDU](https://holderbook.com/stocks/IBDU/) | $4.6M | 198,111 | 0.3% | 4 |
| ISHARES TR | [IBDY](https://holderbook.com/stocks/IBDY/) | $4.5M | 174,661 | 0.2% | 4 |
| ISHARES TR | [IBDV](https://holderbook.com/stocks/IBDV/) | $4.4M | 202,843 | 0.2% | 4 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $4.4M | 75,377 | 0.2% | 26 |
| ISHARES TR | [IBDT](https://holderbook.com/stocks/IBDT/) | $4.3M | 169,698 | 0.2% | 4 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $4.0M | 50,284 | 0.2% | 26 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $4.0M | 48,522 | 0.2% | 26 |
| ISHARES TR | [IBDR](https://holderbook.com/stocks/IBDR/) | $3.9M | 160,582 | 0.2% | 4 |
| ISHARES TR | [IBDS](https://holderbook.com/stocks/IBDS/) | $3.9M | 159,259 | 0.2% | 4 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $3.8M | 32,496 | 0.2% | 8 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $3.8M | 35,875 | 0.2% | 17 |
| ISHARES TR | [IBDQ](https://holderbook.com/stocks/IBDQ/) | $3.8M | 149,145 | 0.2% | 4 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $3.7M | 18,979 | 0.2% | 26 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $3.2M | 19,425 | 0.2% | 8 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $3.0M | 32,882 | 0.2% | 26 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $2.9M | 56,771 | 0.2% | 26 |
| BROWN & BROWN INC | [BRO](https://holderbook.com/stocks/BRO/) | $2.8M | 22,850 | 0.2% | 8 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $2.8M | 12,649 | 0.2% | 8 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $2.8M | 11,895 | 0.2% | 8 |
| ISHARES TR | [IBDZ](https://holderbook.com/stocks/IBDZ/) | $2.8M | 107,280 | 0.2% | 3 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $2.7M | 13,621 | 0.2% | 8 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $2.6M | 8,607 | 0.1% | 19 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $2.6M | 7,267 | 0.1% | 24 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $2.6M | 15,418 | 0.1% | 9 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $2.5M | 4,132 | 0.1% | 8 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $2.5M | 4,708 | 0.1% | 8 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $2.4M | 519 | 0.1% | 8 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $2.2M | 5,084 | 0.1% | 8 |
| EDWARDS LIFESCIENCES CORP | [EW](https://holderbook.com/stocks/EW/) | $2.2M | 30,139 | 0.1% | 26 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $2.2M | 10,937 | 0.1% | 26 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $2.2M | 10,273 | 0.1% | 26 |

## 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 2025 | +1.8% | -4.6% | +6.4% | 99% |
| Q4 2024 | -4.6% | +2.1% | -6.7% | 100% |
| Q3 2024 | +9.7% | +5.4% | +4.3% | 100% |
| Q2 2024 | -1.2% | +4.0% | -5.3% | 100% |
| Q1 2024 | +5.6% | +10.0% | -4.4% | 100% |
| Q4 2023 | +9.0% | +11.2% | -2.1% | 100% |
| Q3 2023 | -4.5% | -3.6% | -0.9% | 100% |
| Q2 2023 | +1.0% | +8.3% | -7.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2025 | $1.8B | 233 |
| Q4 2024 | $1.7B | 232 |
| Q3 2024 | $1.8B | 227 |
| Q2 2024 | $1.7B | 210 |
| Q1 2024 | $1.7B | 216 |
| Q4 2023 | $1.6B | 217 |
| Q3 2023 | $1.5B | 200 |
| Q2 2023 | $1.6B | 209 |
| Q1 2023 | $1.4B | 147 |
| Q4 2022 | $1.5B | 164 |
| Q3 2022 | $1.3B | 159 |
| Q2 2022 | $1.4B | 159 |