# First Western Trust Bank

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1513189. Source: https://holderbook.com/funds/1513189-first-western-trust-bank/

- Reported value: $2.1B
- Positions: 215
- Weight of the ten largest: 80.4%
- Filed: 2026-07-29

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 |
|---|---|---|---|---|---|
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $950.0M | 3,017,349 | 46.3% | 18 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $150.8M | 219,510 | 7.3% | 18 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $112.9M | 1,022,959 | 5.5% | 18 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $91.8M | 122,949 | 4.5% | 18 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $74.6M | 350,642 | 3.6% | 8 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $70.4M | 234,431 | 3.4% | 18 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $68.9M | 966,922 | 3.4% | 18 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $50.2M | 135,734 | 2.4% | 18 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $45.2M | 660,248 | 2.2% | 4 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $33.8M | 116,839 | 1.6% | 18 |
| WOODWARD INC | [WWD](https://holderbook.com/stocks/WWD/) | $25.2M | 59,158 | 1.2% | 13 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $20.7M | 57,875 | 1.0% | 18 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $17.6M | 47,055 | 0.9% | 18 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $15.5M | 200,779 | 0.8% | 18 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $12.7M | 38,920 | 0.6% | 18 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $11.1M | 55,505 | 0.5% | 18 |
| VANGUARD SCOTTSDALE FDS | [VTWO](https://holderbook.com/stocks/VTWO/) | $11.0M | 90,853 | 0.5% | 18 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $9.9M | 28,885 | 0.5% | 18 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $9.1M | 9,740 | 0.4% | 18 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $8.6M | 28,924 | 0.4% | 18 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $7.9M | 75,927 | 0.4% | 18 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $6.8M | 54,374 | 0.3% | 18 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $6.1M | 31,864 | 0.3% | 11 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $6.0M | 22,163 | 0.3% | 18 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $5.8M | 38,338 | 0.3% | 18 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $5.7M | 44,934 | 0.3% | 18 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $5.4M | 117,068 | 0.3% | 18 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $5.2M | 6,919 | 0.3% | 18 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $5.0M | 13,386 | 0.2% | 18 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $4.9M | 82,243 | 0.2% | 18 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $4.8M | 17,199 | 0.2% | 18 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $4.4M | 29,712 | 0.2% | 18 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $4.4M | 29,890 | 0.2% | 18 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $4.1M | 16,144 | 0.2% | 18 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $4.0M | 8,028 | 0.2% | 18 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $4.0M | 16,817 | 0.2% | 18 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $3.9M | 11,123 | 0.2% | 18 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $3.9M | 21,021 | 0.2% | 1 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $3.6M | 9,581 | 0.2% | 18 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $3.6M | 7,138 | 0.2% | 18 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $3.5M | 8,476 | 0.2% | 18 |
| DIMENSIONAL ETF TRUST | [DFAS](https://holderbook.com/stocks/DFAS/) | $3.4M | 41,664 | 0.2% | 18 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $3.4M | 17,843 | 0.2% | 18 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $3.3M | 3,461 | 0.2% | 7 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $3.1M | 34,217 | 0.2% | 18 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $3.0M | 10,312 | 0.1% | 18 |
| FIRST WESTN FINL INC | [MYFW](https://holderbook.com/stocks/MYFW/) | $3.0M | 92,241 | 0.1% | 18 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $2.8M | 34,569 | 0.1% | 18 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $2.8M | 6,844 | 0.1% | 18 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $2.7M | 19,957 | 0.1% | 18 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $2.7M | 31,165 | 0.1% | 18 |
| KNIGHT-SWIFT TRANSN HLDGS IN | [KNX](https://holderbook.com/stocks/KNX/) | $2.7M | 34,286 | 0.1% | 18 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $2.6M | 2,222 | 0.1% | 9 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $2.5M | 17,390 | 0.1% | 18 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.5M | 7,038 | 0.1% | 18 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $2.4M | 19,456 | 0.1% | 18 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $2.4M | 20,999 | 0.1% | 18 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $2.3M | 17,292 | 0.1% | 18 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $2.3M | 9,592 | 0.1% | 18 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $2.2M | 15,511 | 0.1% | 18 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $2.1M | 13,139 | 0.1% | 18 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $2.1M | 11,130 | 0.1% | 18 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $2.0M | 20,671 | 0.1% | 18 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $1.9M | 8,575 | 0.1% | 1 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $1.9M | 8,574 | 0.1% | 1 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $1.9M | 32,542 | 0.1% | 18 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.8M | 11,991 | 0.1% | 18 |
| FORTIVE CORP | [FTV](https://holderbook.com/stocks/FTV/) | $1.7M | 28,045 | 0.1% | 18 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $1.7M | 6,700 | 0.1% | 18 |
| ISHARES TR | [IBHK](https://holderbook.com/stocks/IBHK/) | $1.7M | 65,429 | 0.1% | 2 |
| ISHARES TR | [IBHL](https://holderbook.com/stocks/IBHL/) | $1.7M | 66,035 | 0.1% | 2 |
| ISHARES TR | [IBHI](https://holderbook.com/stocks/IBHI/) | $1.7M | 71,612 | 0.1% | 2 |
| ISHARES TR | [IBHH](https://holderbook.com/stocks/IBHH/) | $1.7M | 70,959 | 0.1% | 2 |
| ISHARES TR | [IBHJ](https://holderbook.com/stocks/IBHJ/) | $1.6M | 61,154 | 0.1% | 2 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.6M | 4,123 | 0.1% | 14 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $1.5M | 12,401 | 0.1% | 18 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $1.5M | 5,772 | 0.1% | 18 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $1.5M | 2 | 0.1% | 18 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.4M | 1,182 | 0.1% | 18 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $1.4M | 41,777 | 0.1% | 11 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.4M | 5,491 | 0.1% | 18 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $1.4M | 2,675 | 0.1% | 18 |
| LIGHTWAVE LOGIC INC | [LWLG](https://holderbook.com/stocks/LWLG/) | $1.3M | 142,698 | 0.1% | 16 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $1.3M | 6,056 | 0.1% | 18 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.3M | 9,597 | 0.1% | 18 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $1.3M | 3,784 | 0.1% | 18 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $1.2M | 10,564 | 0.1% | 18 |
| SPDR SERIES TRUST | [JNK](https://holderbook.com/stocks/JNK/) | $1.2M | 12,419 | 0.1% | 4 |
| XCEL ENERGY INC | [XEL](https://holderbook.com/stocks/XEL/) | $1.2M | 14,857 | 0.1% | 18 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.2M | 6,570 | 0.1% | 18 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $1.2M | 2,727 | 0.1% | 18 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $1.1M | 1,499 | 0.1% | 11 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.1M | 2,139 | 0.1% | 18 |
| ZIMMER BIOMET HOLDINGS INC | [ZBH](https://holderbook.com/stocks/ZBH/) | $1.1M | 12,635 | 0.1% | 18 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $1.1M | 1,004 | 0.1% | 18 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $942.1K | 1,303 | 0.0% | 5 |
| VENU HLDG CORP | - | $908.3K | 400,120 | 0.0% | 2 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $886.1K | 3,151 | 0.0% | 18 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $878.9K | 2,213 | 0.0% | 18 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $829.1K | 23,819 | 0.0% | 11 |

## 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 | +4.1% | +14.8% | -10.7% | 100% |
| Q1 2026 | -4.6% | -4.6% | +0.0% | 100% |
| Q4 2025 | -2.0% | +2.4% | -4.4% | 100% |
| Q3 2025 | -1.1% | +7.8% | -8.9% | 100% |
| Q2 2025 | +7.2% | +10.5% | -3.2% | 100% |
| Q1 2025 | +0.6% | -4.6% | +5.2% | 100% |
| Q4 2024 | -0.3% | +2.1% | -2.5% | 100% |
| Q3 2024 | +6.4% | +5.4% | +0.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $2.1B | 215 |
| Q1 2026 | $2.0B | 205 |
| Q4 2025 | $2.0B | 197 |
| Q3 2025 | $2.2B | 191 |
| Q2 2025 | $2.2B | 194 |
| Q1 2025 | $2.1B | 189 |
| Q4 2024 | $2.2B | 196 |
| Q3 2024 | $2.2B | 204 |
| Q2 2024 | $2.1B | 197 |
| Q1 2024 | $2.2B | 209 |
| Q4 2023 | $2.0B | 201 |
| Q3 2023 | $1.9B | 169 |