Talbot Financial
BELLEVUE, WAfiles as Talbot Financial, LLC
$1.4bn in 71 US stocks at the end of 30 June 2026. The top 10 are 52.1% of the money. It changed about 8.7% of the portfolio this quarter.
Value
$1.4bn
Stocks
71
Top 10 share
52.1%
Turnover
8.7%
What changed this quarter
New
Bought for the first time this quarter.
- Honeywell AerospaceHONA0.8% of the fund
- CaterpillarCAT<0.1% of the fund
- CorningGLW<0.1% of the fund
- BoeingBA<0.1% of the fund
- StarbucksSBUX<0.1% of the fund
- Automatic Data ProcessingADP<0.1% of the fund
Added
Bought more of a stock they already held.
- MicrosoftMSFT7.4% of the fund+2%
- Eli LillyLLY3.3% of the fund+3%
- AbbVieABBV2.4% of the fund+4%
- BroadcomAVGO2.3% of the fund+23%
- ChevronCVX2.0% of the fund+3%
- Charles SchwabSCHW1.7% of the fund+2%
- AmgenAMGN1.6% of the fund+2%
- SynopsysSNPS1.3% of the fund+3%
- Northrop GrummanNOC1.2% of the fund+3%
- MedtronicMDT1.2% of the fund+4%
- Procter & GamblePG1.1% of the fund+3%
- Meta PlatformsMETA1.1% of the fund+45%
- Thermo Fisher ScientificTMO1.0% of the fund+3%
- NetflixNFLX1.0% of the fund+3%
- ServiceNowNOW0.8% of the fund+4%
- McDonald'sMCD0.7% of the fund+2%
- AT&TT0.7% of the fund+4%
- AlphabetGOOGL0.4% of the fund+4%
- Berkshire HathawayBRK-B<0.1% of the fund+8%
Cut
Sold some of their stake.
- Honeywell InternationalHON0.8% of the fund-48%
- F5FFIV0.3% of the fund-33%
- IntuitINTU<0.1% of the fund-89%
Sold out
Sold their entire stake.
- Lockheed MartinLMT-100%
Holdings
- Honeywell AerospaceHONA
- Share
- 0.8%
- Value
- $11m
- Shares
- 48,601
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AppleAAPL | 9.2% | $125m | 430,921 | Held |
| Applied MaterialsAMAT | 7.5% | $102m | 140,818 | Held |
| MicrosoftMSFT | 7.4% | $101m | 271,136 | +2% |
| AlphabetGOOG | 5.6% | $76m | 215,738 | Held |
| NvidiaNVDA | 5.1% | $70m | 347,454 | Held |
| Amazon.comAMZN | 5.1% | $69m | 290,773 | Held |
| Goldman Sachs GroupGS | 3.6% | $48m | 47,837 | Held |
| Eli LillyLLY | 3.3% | $45m | 37,106 | +3% |
| JPMorgan ChaseJPM | 2.7% | $37m | 112,910 | Held |
| Johnson & JohnsonJNJ | 2.7% | $36m | 141,937 | Held |
| AbbVieABBV | 2.4% | $33m | 131,696 | +4% |
| GE VernovaGEV | 2.3% | $32m | 27,034 | Held |
| BroadcomAVGO | 2.3% | $31m | 83,128 | +23% |
| Cisco SystemsCSCO | 2.1% | $28m | 239,361 | Held |
| ChevronCVX | 2.0% | $27m | 162,376 | +3% |
| Palo Alto NetworksPANW | 1.9% | $25m | 73,812 | Held |
| ChubbCB | 1.8% | $24m | 70,435 | Held |
| VisaV | 1.7% | $24m | 69,147 | Held |
| Charles SchwabSCHW | 1.7% | $23m | 247,559 | +2% |
| AmgenAMGN | 1.6% | $22m | 60,423 | +2% |
| MerckMRK | 1.5% | $21m | 160,158 | Held |
| Costco WholesaleCOST | 1.5% | $20m | 21,450 | Held |
| Home DepotHD | 1.4% | $18m | 52,198 | Held |
| StrykerSYK | 1.3% | $18m | 57,946 | Held |
| SynopsysSNPS | 1.3% | $17m | 38,499 | +3% |
| Rockwell AutomationROK | 1.2% | $17m | 33,401 | Held |
| Northrop GrummanNOC | 1.2% | $16m | 32,230 | +3% |
| Travelers CompaniesTRV | 1.2% | $16m | 47,821 | Held |
| MedtronicMDT | 1.2% | $16m | 200,207 | +4% |
| Emerson ElectricEMR | 1.1% | $16m | 108,301 | Held |
| SalesforceCRM | 1.1% | $15m | 98,543 | Held |
| Procter & GamblePG | 1.1% | $15m | 104,075 | +3% |
| Meta PlatformsMETA | 1.1% | $15m | 26,828 | +45% |
| BlackRockBLK | 1.1% | $15m | 15,585 | Held |
| Thermo Fisher ScientificTMO | 1.0% | $14m | 28,086 | +3% |
| NetflixNFLX | 1.0% | $14m | 190,533 | +3% |
| Philip Morris InternationalPM | 0.9% | $13m | 71,044 | Held |
| ServiceNowNOW | 0.8% | $11m | 115,337 | +4% |
| Honeywell InternationalHON | 0.8% | $11m | 48,691 | -48% |
| Honeywell AerospaceHONA | 0.8% | $11m | 48,601 | New |
| Wells Fargo & CompanyWFC | 0.8% | $10m | 124,397 | Held |
| McDonald'sMCD | 0.7% | $10m | 36,694 | +2% |
| AT&TT | 0.7% | $10m | 466,274 | +4% |
| Uber TechnologiesUBER | 0.7% | $10m | 132,434 | Held |
| Arthur J. GallagherAJG | 0.7% | $10m | 41,390 | Held |
| AlphabetGOOGL | 0.4% | $5m | 14,443 | +4% |
| F5FFIV | 0.3% | $4m | 9,292 | -33% |
| WafdWAFD | 0.2% | $3m | 80,896 | Held |
| ExxonMobil HoldingsXOM | 0.1% | $2m | 13,000 | Held |
| IntuitINTU | <0.1% | $1m | 4,586 | -89% |
| Sherwin-WilliamsSHW | <0.1% | $1m | 3,176 | Held |
| MastercardMA | <0.1% | $717,026 | 1,396 | Held |
| Berkshire HathawayBRK-B | <0.1% | $701,046 | 1,401 | +8% |
| International Business MachinesIBM | <0.1% | $646,784 | 2,300 | Held |
| WorkivaWK | <0.1% | $509,355 | 10,500 | Held |
| CaterpillarCAT | <0.1% | $489,053 | 459 | New |
| CorningGLW | <0.1% | $383,145 | 1,500 | New |
| Cadence Design SystemsCDNS | <0.1% | $375,320 | 1,000 | Held |
| Union PacificUNP | <0.1% | $353,600 | 1,300 | Held |
| Dycom IndustriesDY | <0.1% | $328,634 | 650 | Held |
| AdobeADBE | <0.1% | $322,291 | 1,572 | Held |
| WalmartWMT | <0.1% | $310,899 | 2,745 | Held |
| American ExpressAXP | <0.1% | $304,425 | 900 | Held |
| Expeditors International of WashingtonEXPD | <0.1% | $285,215 | 1,750 | Held |
| MckessonMCK | <0.1% | $265,216 | 351 | Held |
| FirstCash HoldingsFCFS | <0.1% | $254,992 | 1,179 | Held |
| Abbott LaboratoriesABT | <0.1% | $254,435 | 2,804 | Held |
| PepsiCoPEP | <0.1% | $220,702 | 1,630 | Held |
| BoeingBA | <0.1% | $207,811 | 960 | New |
| StarbucksSBUX | <0.1% | $204,380 | 2,000 | New |
| Automatic Data ProcessingADP | <0.1% | $201,555 | 900 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 28.6% since 30 June 2025.
Where the money is
Technology39.2%
Financial services15.6%
Health care15.1%
Media & telecom8.8%
Industrials8.3%
Retail & consumer7.2%
Everyday goods3.6%
Energy2.1%
Materials0.1%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.