Talbot Financial, LLC
Reported holdings as of Q2 2026, from 15 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| APPLE INC | AAPL | $124.7M | 430,921 | +0.09pp | 15q | +1.1%+$1.4M | |
| APPLIED MATLS INC | AMAT | $101.8M | 140,818 | +3.44pp | 15q | HELD | |
| MICROSOFT CORP | MSFT | $101.1M | 271,136 | -0.83pp | 15q | +2.0%+$2.0M | |
| ALPHABET INC | GOOG | $76.2M | 215,738 | +0.48pp | 4q | +1.4%+$1.0M | |
| NVIDIA CORPORATION | NVDA | $69.5M | 347,454 | +0.10pp | 15q | +1.4%+$978.6K | |
| AMAZON COM INC | AMZN | $69.3M | 290,773 | +0.07pp | 15q | +1.2%+$840.1K | |
| GOLDMAN SACHS GROUP INC | GS | $48.4M | 47,837 | +0.17pp | 15q | HELD | |
| ELI LILLY & CO | LLY | $44.5M | 37,106 | +0.49pp | 14q | +3.0%+$1.3M | |
| JPMORGAN CHASE & CO | JPM | $37.0M | 112,910 | -0.03pp | 15q | +1.5%+$537.5K | |
| JOHNSON & JOHNSON | JNJ | $36.0M | 141,937 | -0.22pp | 15q | +1.5%+$532.6K | |
| ABBVIE INC | ABBV | $33.1M | 131,696 | +0.12pp | 15q | +3.6%+$1.2M | |
| GE VERNOVA INC | GEV | $31.8M | 27,034 | +0.39pp | 6q | +1.6%+$508.7K | |
| BROADCOM INC | AVGO | $31.4M | 83,128 | +0.56pp | 8q | +23.5%+$6.0M | |
| CISCO SYS INC | CSCO | $28.1M | 239,361 | +0.52pp | 15q | +0.9%+$245.7K | |
| CHEVRON CORPORATION | CVX | $26.9M | 162,376 | -0.76pp | 15q | +2.8%+$744.1K | |
| PALO ALTO NETWORKS INC | PANW | $25.2M | 73,812 | +0.87pp | 2q | +0.9%+$236.3K | |
| CHUBB LIMITED | CB | $24.0M | 70,435 | -0.14pp | 10q | +1.1%+$256.2K | |
| VISA INC | V | $23.7M | 69,147 | +0.02pp | 15q | +1.6%+$364.4K | |
| SCHWAB CHARLES CORP | SCHW | $22.8M | 247,559 | -0.23pp | 14q | +2.2%+$497.6K | |
| AMGEN INC | AMGN | $21.9M | 60,423 | -0.14pp | 15q | +2.1%+$449.4K | |
| MERCK & CO INC | MRK | $20.6M | 160,158 | -0.07pp | 15q | +1.9%+$383.1K | |
| COSTCO WHOLESALE CORPORATION | COST | $20.1M | 21,450 | -0.29pp | 15q | +1.9%+$367.6K | |
| HOME DEPOT INC | HD | $18.4M | 52,198 | -0.08pp | 15q | +0.6%+$102.6K | |
| STRYKER CORPORATION | SYK | $18.2M | 57,946 | -0.24pp | 15q | +1.2%+$208.1K | |
| SYNOPSYS INC | SNPS | $17.2M | 38,499 | +0.02pp | 15q | +3.4%+$556.7K | |
| ROCKWELL AUTOMATION INC | ROK | $16.5M | 33,401 | +0.21pp | 8q | HELD | |
| NORTHROP GRUMMAN CORP | NOC | $16.4M | 32,230 | -0.59pp | 15q | +2.7%+$436.0K | |
| TRAVELERS COMPANIES INC | TRV | $15.8M | 47,821 | flat | 8q | +1.1%+$177.6K | |
| MEDTRONIC PLC | MDT | $15.7M | 200,207 | -0.25pp | 13q | +3.8%+$566.5K | |
| EMERSON ELEC CO | EMR | $15.5M | 108,301 | -0.03pp | 15q | +1.8%+$279.1K | |
| SALESFORCE INC | CRM | $15.4M | 98,543 | -0.39pp | 15q | +1.1%+$168.9K | |
| PROCTER & GAMBLE CO | PG | $15.3M | 104,075 | -0.11pp | 15q | +2.7%+$408.0K | |
| META PLATFORMS INC | META | $15.1M | 26,828 | +0.22pp | 5q | +44.8%+$4.7M | |
| BLACKROCK INC | BLK | $15.0M | 15,585 | -0.14pp | 5q | +1.6%+$240.4K | |
| THERMO FISHER SCIENTIFIC INC | TMO | $14.1M | 28,086 | -0.09pp | 15q | +3.2%+$442.7K | |
| NETFLIX INC | NFLX | $13.6M | 190,533 | -0.50pp | 15q | +2.8%+$367.0K | |
| PHILIP MORRIS INTL INC | PM | $12.9M | 71,044 | -0.03pp | 3q | +1.6%+$206.1K | |
| SERVICENOW INC | NOW | $11.5M | 115,337 | -0.13pp | 15q | +3.8%+$422.1K | |
| HONEYWELL INTL INC | HONZZZZ | $10.9M | 48,691 | -0.99pp | 15q | -48.4%-$10.2M | |
| HONEYWELL AEROSPACE INC | HONA | $10.7M | 48,601 | - | new | NEW | |
| WELLS FARGO & CO | WFC | $10.3M | 124,397 | -0.06pp | 4q | +1.7%+$168.2K | |
| MCDONALDS CORP | MCD | $9.9M | 36,694 | -0.21pp | 15q | +2.5%+$238.1K | |
| AT&T INC | T | $9.7M | 466,274 | -0.38pp | 8q | +4.4%+$406.4K | |
| UBER TECHNOLOGIES INC | UBER | $9.6M | 132,434 | -0.09pp | 10q | +1.5%+$137.8K | |
| GALLAGHER ARTHUR J & CO | AJG | $9.5M | 41,390 | -0.04pp | 15q | +1.3%+$119.6K | |
| ALPHABET INC | GOOGL | $5.2M | 14,443 | +0.04pp | 15q | +4.0%+$198.3K | |
| F5 INC | FFIV | $3.9M | 9,292 | -0.05pp | 6q | -33.2%-$1.9M | |
| WAFD INC | WAFD | $3.1M | 80,896 | +0.01pp | 15q | HELD | |
| EXXON MOBIL CORP | XOMXXXX | $1.8M | 13,000 | -0.05pp | 15q | HELD | |
| INTUIT | INTU | $1.2M | 4,586 | -1.50pp | 15q | -89.5%-$10.2M | |
| SHERWIN WILLIAMS CO | SHW | $1.1M | 3,176 | -0.01pp | 8q | HELD | |
| MASTERCARD INCORPORATED | MA | $717.0K | 1,396 | -0.01pp | 15q | HELD | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $701.0K | 1,401 | flat | 15q | +7.7%+$50.0K | |
| INTERNATIONAL BUSINESS MACHS | IBM | $646.8K | 2,300 | flat | 10q | HELD | |
| WORKIVA INC | WK | $509.4K | 10,500 | -0.02pp | 15q | HELD | |
| CATERPILLAR INC | CAT | $489.1K | 459 | - | new | NEW | |
| CORNING INC | GLW | $383.1K | 1,500 | - | new | NEW | |
| CADENCE DESIGN SYSTEM INC | CDNS | $375.3K | 1,000 | flat | 7q | HELD | |
| UNION PAC CORP | UNP | $353.6K | 1,300 | flat | 15q | HELD | |
| DYCOM INDS INC | DY | $328.6K | 650 | +0.01pp | 3q | HELD | |
| ADOBE INC | ADBE | $322.3K | 1,572 | -0.01pp | 15q | HELD | |
| WALMART INC | WMT | $310.9K | 2,745 | -0.01pp | 8q | HELD | |
| AMERICAN EXPRESS CO | AXP | $304.4K | 900 | flat | 10q | HELD | |
| EXPEDITORS INTL WASH INC | EXPD | $285.2K | 1,750 | flat | 4q | HELD | |
| MCKESSON CORP | MCK | $265.2K | 351 | -0.01pp | 7q | HELD | |
| FIRSTCASH HOLDINGS INC | FCFS | $255.0K | 1,179 | flat | 2q | HELD | |
| ABBOTT LABORATORIES | ABT | $254.4K | 2,804 | -0.01pp | 4q | HELD | |
| PEPSICO INC | PEP | $220.7K | 1,630 | -0.01pp | 15q | HELD | |
| BOEING CO | BA | $207.8K | 960 | - | new | NEW | |
| STARBUCKS CORP | SBUX | $204.4K | 2,000 | - | new | NEW | |
| AUTOMATIC DATA PROCESSING IN | ADP | $201.6K | 900 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Semiconductors & Electronics | $250.0M | 18.4% |
| Software & IT Services | $244.3M | 18.0% |
| Computer Hardware | $182.5M | 13.4% |
| Biotech & Pharma | $156.4M | 11.5% |
| Retail & Consumer | $119.6M | 8.8% |
| Capital Markets | $86.2M | 6.3% |
| Banks & Lending | $50.6M | 3.7% |
| Insurance | $50.0M | 3.7% |
| Business Services | $34.0M | 2.5% |
| Medical Devices | $33.9M | 2.5% |
| Instruments & Controls | $30.6M | 2.3% |
| Energy | $26.9M | 2.0% |
| Other sectors | $70.3M | 5.2% |
| Not classified | $23.4M | 1.7% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $1.4B | 71 | 6 | 42 | 3 | 1 | 52.1% | 14 |
| Q1 2026 | $1.2B | 66 | 2 | 41 | 6 | 4 | 48.4% | 13 |
| Q4 2025 | $1.2B | 68 | 3 | 23 | 15 | 2 | 49.9% | 21 |
| Q3 2025 | $1.2B | 67 | 7 | 42 | 4 | 3 | 47.6% | 8 |
| Q2 2025 | $1.1B | 63 | 3 | 46 | 0 | 2 | 46.4% | 22 |
| Q1 2025 | $798.3M | 62 | 4 | 11 | 30 | 7 | 45.3% | 9 |
| Q4 2024 | $840.8M | 65 | 6 | 27 | 17 | 2 | 48.1% | 13 |
| Q3 2024 | $821.4M | 61 | 8 | 37 | 5 | 5 | 47.5% | 8 |
| Q2 2024 | $774.8M | 58 | 2 | 23 | 15 | 4 | 51.1% | 11 |
| Q1 2024 | $747.4M | 60 | 6 | 40 | 4 | 2 | 47.6% | 18 |
| Q4 2023 | $664.6M | 56 | 2 | 44 | 1 | 2 | 49.6% | 11 |
| Q3 2023 | $573.6M | 56 | 2 | 31 | 5 | 3 | 48.6% | 24 |
| Q2 2023 | $588.0M | 57 | 1 | 30 | 11 | 3 | 49.9% | 28 |
| Q1 2023 | $538.0M | 59 | 5 | 37 | 8 | 1 | 47.3% | 38 |
| Q4 2022 | $486.1M | 55 | 0 | 0 | 0 | 0 | 45.8% | 47 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.