# FineMark National Bank & Trust

> Institutional holdings reported to the SEC as of Q4 2025 on Form 13F. CIK 1537720. Source: https://holderbook.com/funds/1537720-finemark-national-bank-trust/

- Reported value: $3.2B
- Positions: 450
- Weight of the ten largest: 35.4%
- Filed: 2026-02-12

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 |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $182.9M | 268,215 | 5.7% | 29 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $169.2M | 1,706,226 | 5.3% | 29 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $162.7M | 237,563 | 5.1% | 29 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $148.0M | 544,537 | 4.6% | 29 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $90.2M | 186,474 | 2.8% | 29 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $89.2M | 284,376 | 2.8% | 29 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $83.0M | 239,844 | 2.6% | 29 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $77.9M | 417,884 | 2.4% | 28 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $70.0M | 116,109 | 2.2% | 29 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $59.9M | 185,822 | 1.9% | 29 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $56.7M | 230,374 | 1.8% | 29 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $55.8M | 241,620 | 1.7% | 29 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $53.1M | 553,266 | 1.7% | 29 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $37.7M | 57,161 | 1.2% | 29 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $35.3M | 534,122 | 1.1% | 29 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $32.2M | 102,787 | 1.0% | 29 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $30.7M | 49,925 | 1.0% | 29 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $30.4M | 198,181 | 0.9% | 29 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $30.1M | 163,935 | 0.9% | 23 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $29.7M | 154,880 | 0.9% | 29 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $29.5M | 45,134 | 0.9% | 7 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $29.4M | 85,426 | 0.9% | 29 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $29.2M | 51,143 | 0.9% | 29 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $28.2M | 196,748 | 0.9% | 29 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $26.4M | 35 | 0.8% | 29 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $25.8M | 68,977 | 0.8% | 29 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $23.5M | 195,088 | 0.7% | 29 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $22.6M | 281,846 | 0.7% | 29 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $22.2M | 113,998 | 0.7% | 29 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $21.5M | 37,612 | 0.7% | 29 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $21.5M | 121,308 | 0.7% | 24 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $20.8M | 100,355 | 0.6% | 29 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $20.7M | 53,140 | 0.6% | 24 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $20.6M | 144,027 | 0.6% | 29 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $20.6M | 61,524 | 0.6% | 29 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $20.2M | 61,054 | 0.6% | 29 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $20.0M | 166,606 | 0.6% | 29 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $19.9M | 18,610 | 0.6% | 5 |
| CARDINAL HEALTH INC | [CAH](https://holderbook.com/stocks/CAH/) | $19.7M | 95,933 | 0.6% | 2 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $19.6M | 31,332 | 0.6% | 26 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $19.1M | 21,718 | 0.6% | 27 |
| INVESCO EXCH TRADED FD TR II | [SPLV](https://holderbook.com/stocks/SPLV/) | $18.7M | 262,376 | 0.6% | 29 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $18.6M | 81,449 | 0.6% | 29 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $18.5M | 36,886 | 0.6% | 29 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $18.3M | 335,288 | 0.6% | 29 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $18.2M | 142,478 | 0.6% | 24 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $17.9M | 50,967 | 0.6% | 29 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $17.4M | 225,574 | 0.5% | 29 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $17.2M | 88,205 | 0.5% | 29 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $16.7M | 15,517 | 0.5% | 29 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $16.5M | 147,983 | 0.5% | 29 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $16.4M | 71,524 | 0.5% | 29 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $15.9M | 98,090 | 0.5% | 29 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $15.7M | 85,075 | 0.5% | 21 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $15.5M | 44,121 | 0.5% | 29 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $15.3M | 89,458 | 0.5% | 29 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $14.9M | 45,613 | 0.5% | 29 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $14.9M | 70,134 | 0.5% | 29 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $14.2M | 115,463 | 0.4% | 29 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $14.1M | 201,074 | 0.4% | 29 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $13.8M | 60,525 | 0.4% | 11 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $13.5M | 23,912 | 0.4% | 29 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $13.4M | 157,460 | 0.4% | 5 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $13.1M | 140,300 | 0.4% | 29 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $12.7M | 121,064 | 0.4% | 29 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $12.7M | 21,990 | 0.4% | 29 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $12.6M | 107,286 | 0.4% | 29 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $12.6M | 170,993 | 0.4% | 16 |
| BROADRIDGE FINL SOLUTIONS IN | [BR](https://holderbook.com/stocks/BR/) | $12.2M | 54,807 | 0.4% | 27 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $11.7M | 43,472 | 0.4% | 29 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $11.6M | 44,647 | 0.4% | 20 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $11.5M | 47,767 | 0.4% | 29 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $11.3M | 28,527 | 0.4% | 29 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $11.0M | 35,941 | 0.3% | 29 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $10.7M | 69,223 | 0.3% | 25 |
| DIAMONDBACK ENERGY INC | [FANG](https://holderbook.com/stocks/FANG/) | $10.7M | 70,927 | 0.3% | 7 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $10.4M | 21,594 | 0.3% | 29 |
| CDW CORP | [CDW](https://holderbook.com/stocks/CDW/) | $10.1M | 74,347 | 0.3% | 29 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $10.0M | 123,571 | 0.3% | 19 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $9.9M | 23,281 | 0.3% | 12 |
| HUBBELL INC | [HUBB](https://holderbook.com/stocks/HUBB/) | $9.9M | 22,215 | 0.3% | 2 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $9.5M | 113,759 | 0.3% | 5 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $9.3M | 8,717 | 0.3% | 13 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $9.3M | 16,261 | 0.3% | 29 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $9.3M | 60,416 | 0.3% | 19 |
| BP PLC | [BP](https://holderbook.com/stocks/BP/) | $9.2M | 266,311 | 0.3% | 29 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $8.9M | 18,307 | 0.3% | 12 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $8.8M | 64,014 | 0.3% | 29 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $8.4M | 80,245 | 0.3% | 29 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $8.4M | 124,602 | 0.3% | 14 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $8.4M | 54,846 | 0.3% | 29 |
| ROLLINS INC | [ROL](https://holderbook.com/stocks/ROL/) | $8.3M | 137,490 | 0.3% | 1 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $8.2M | 30,261 | 0.3% | 28 |
| TRIMBLE INC | [TRMB](https://holderbook.com/stocks/TRMB/) | $8.2M | 104,169 | 0.3% | 4 |
| PPL CORP | [PPL](https://holderbook.com/stocks/PPL/) | $8.0M | 228,952 | 0.3% | 1 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $8.0M | 49,839 | 0.2% | 29 |
| ISHARES TR | [IWS](https://holderbook.com/stocks/IWS/) | $8.0M | 56,530 | 0.2% | 29 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $7.6M | 33,024 | 0.2% | 29 |
| TE CONNECTIVITY PLC | [TEL](https://holderbook.com/stocks/TEL/) | $7.5M | 32,829 | 0.2% | 4 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $7.4M | 15,684 | 0.2% | 29 |

## 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 |
|---|---|---|---|---|
| Q4 2025 | +2.8% | +2.4% | +0.4% | 100% |
| Q3 2025 | +6.0% | +7.8% | -1.8% | 100% |
| Q2 2025 | +7.4% | +10.5% | -3.1% | 100% |
| Q1 2025 | -4.7% | -4.6% | -0.2% | 100% |
| Q4 2024 | -0.1% | +2.1% | -2.3% | 100% |
| Q3 2024 | +5.9% | +5.4% | +0.5% | 100% |
| Q2 2024 | +1.5% | +4.0% | -2.6% | 97% |
| Q1 2024 | +7.4% | +10.0% | -2.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2025 | $3.2B | 450 |
| Q3 2025 | $3.1B | 451 |
| Q2 2025 | $2.9B | 452 |
| Q1 2025 | $2.7B | 444 |
| Q4 2024 | $2.9B | 434 |
| Q3 2024 | $2.9B | 422 |
| Q2 2024 | $2.7B | 427 |
| Q1 2024 | $2.7B | 431 |
| Q4 2023 | $2.4B | 411 |
| Q3 2023 | $2.3B | 414 |
| Q2 2023 | $2.4B | 429 |
| Q1 2023 | $2.3B | 422 |