Destination Wealth Management's Q4 2025 13F: 33 new positions, 11 exits
Form 13F-HR for the quarter ended Dec 31, 2025 · filed Feb 13, 2026 · 288 reported positions · accession 0001278573-26-000003
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | BLACKROCK ETF TRUST (BAI) | — | 1.2% | +1.2 pts | +1.4M sh | new |
| Reduced | DANAHER CORPORATION (DHR) | 1.0% | 0.1% | −0.9 pts | −169K sh | −89% |
| Increased | SCHWAB STRATEGIC TR (SCHZ) | 0.9% | 1.2% | +0.3 pts | +567K sh | +41% |
| Increased | SCHWAB STRATEGIC TR (SCHX) | 0.7% | 1.0% | +0.3 pts | +462K sh | +48% |
| Reduced | SPDR SERIES TRUST (SDY) | 2.7% | 2.4% | −0.3 pts | −44,451 sh | −6% |
| Increased | PIMCO ETF TR (PYLD) | 2.1% | 2.1% | 0.0 pts | +209K sh | +7% |
| Increased | ISHARES TR (AGG) | 4.2% | 4.2% | −0.1 pts | +54,567 sh | +4% |
| Increased | MICROSOFT CORP (MSFT) | 2.5% | 2.4% | −0.1 pts | +11,116 sh | +6% |
| Increased | ISHARES TR (FLOT) | 0.8% | 0.9% | +0.1 pts | +94,174 sh | +17% |
| New | ISHARES TR (SOXX) | — | 0.1% | +0.1 pts | +13,899 sh | new |
| Reduced | ZOETIS INC (ZTS) | 0.5% | 0.3% | −0.2 pts | −31,738 sh | −23% |
| Increased | SCHWAB STRATEGIC TR (SCHB) | 0.2% | 0.3% | +0.1 pts | +151K sh | +60% |
| Reduced | SYNOPSYS INC (SNPS) | 0.4% | 0.2% | −0.1 pts | −8,026 sh | −30% |
| Increased | META PLATFORMS INC (META) | 0.1% | 0.2% | +0.1 pts | +5,573 sh | +76% |
| Reduced | ISHARES TR (IVV) | 2.2% | 2.0% | −0.2 pts | −5,311 sh | −4% |
| Increased | ISHARES TR (STIP) | 2.2% | 2.1% | 0.0 pts | +35,479 sh | +5% |
| Increased | SCHWAB STRATEGIC TR (SCHM) | 0.1% | 0.2% | +0.1 pts | +113K sh | +122% |
| Increased | BROADCOM INC (AVGO) | 0.2% | 0.3% | +0.1 pts | +9,534 sh | +37% |
| Increased | ALPHABET INC (GOOG) | 0.3% | 0.5% | +0.2 pts | +10,391 sh | +23% |
| Increased | ISHARES U S ETF TR (LQDH) | 2.2% | 2.2% | 0.0 pts | +34,888 sh | +4% |
| Reduced | APPLE INC (AAPL) | 6.1% | 6.1% | 0.0 pts | −10,574 sh | −1% |
| Reduced | ALPHABET INC (GOOGL) | 2.1% | 2.5% | +0.4 pts | −9,003 sh | −3% |
| Increased | AMAZON COM INC (AMZN) | 1.9% | 2.0% | +0.1 pts | +11,923 sh | +4% |
| Increased | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 1.4% | 1.4% | 0.0 pts | +5,400 sh | +5% |
| Increased | ISHARES TR (IGSB) | 2.1% | 2.1% | 0.0 pts | +49,521 sh | +3% |
| Reduced | VANGUARD INDEX FDS (VUG) | 1.9% | 1.8% | −0.1 pts | −5,081 sh | −3% |
| New | ARISTA NETWORKS INC (ANET) | — | 0.1% | +0.1 pts | +18,655 sh | new |
| Increased | NVIDIA CORPORATION (NVDA) | 0.5% | 0.5% | 0.0 pts | +13,062 sh | +14% |
| Increased | ISHARES TR (IUSB) | 1.2% | 1.2% | 0.0 pts | +49,755 sh | +5% |
| Increased | PALANTIR TECHNOLOGIES INC (PLTR) | 0.1% | 0.1% | +0.1 pts | +12,164 sh | +70% |
| New | AXOS FINANCIAL INC (AX) | — | 0.1% | +0.1 pts | +24,400 sh | new |
| Increased | COSTCO WHSL CORP NEW (COST) | 1.8% | 1.7% | −0.2 pts | +2,363 sh | +3% |
| Increased | UNITED PARCEL SERVICE INC (UPS) | 0.0% | 0.1% | +0.1 pts | +20,424 sh | +287% |
| New | MERCADOLIBRE INC (MELI) | — | 0.0% | 0.0 pts | +896 sh | new |
| Reduced | ISHARES TR (TLH) | 2.3% | 2.1% | −0.2 pts | −16,461 sh | −2% |
| Increased | ISHARES TR (ISTB) | 0.8% | 0.8% | 0.0 pts | +32,589 sh | +6% |
| Increased | VANGUARD INDEX FDS (VTI) | 0.0% | 0.1% | 0.0 pts | +4,732 sh | +191% |
| Increased | BERKSHIRE HATHAWAY INC DEL (BRK-A) | 0.0% | 0.1% | 0.0 pts | +2 sh | +200% |
| Reduced | AMERICAN TOWER CORP NEW (AMT) | 0.6% | 0.5% | −0.1 pts | −8,438 sh | −8% |
| Increased | ORACLE CORP (ORCL) | 0.0% | 0.1% | 0.0 pts | +7,403 sh | +117% |
| Reduced | CAPITAL ONE FINL CORP (COF) | 0.7% | 0.8% | 0.0 pts | −5,568 sh | −4% |
| Increased | INVESCO QQQ TR (QQQ) | 0.3% | 0.3% | 0.0 pts | +2,165 sh | +11% |
| Increased | NETFLIX INC (NFLX) | 0.1% | 0.1% | 0.0 pts | +13,430 sh | +79% |
| Increased | ISHARES TR (IMTB) | 0.6% | 0.6% | 0.0 pts | +28,158 sh | +6% |
| Reduced | SPDR S&P 500 ETF TR (SPY) | 0.5% | 0.4% | 0.0 pts | −1,797 sh | −7% |
| Increased | INTUITIVE SURGICAL INC (ISRG) | 0.5% | 0.6% | +0.1 pts | +2,146 sh | +5% |
| Increased | ISHARES TR (CMF) | 0.0% | 0.1% | 0.0 pts | +20,911 sh | +92% |
| Increased | CISCO SYS INC (CSCO) | 0.0% | 0.1% | 0.0 pts | +15,125 sh | +124% |
| Increased | PIMCO ETF TR (MINT) | 0.8% | 0.8% | 0.0 pts | +11,522 sh | +4% |
| Increased | MCDONALDS CORP (MCD) | 0.7% | 0.7% | 0.0 pts | +3,735 sh | +5% |
The 50 largest of 278 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- UNILEVER PLC (UL): 904767704 → 904767803, 134K → 122K shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 28.9% of the equity book
Changes in the top 10 this quarter: GOOGL entered · STIP entered · TLH left · IVV left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | APPLE INC (AAPL) | 6.1% | 6.1% | |
| 2 | ISHARES TR (AGG) | 4.2% | 4.2% | |
| 3 | ISHARES TR (IJR) | 2.7% | 2.6% | |
| 4 | ALPHABET INC (GOOGL) | 2.1% | 2.5% | Entered the top 10 |
| 5 | SPDR SERIES TRUST (SDY) | 2.7% | 2.4% | |
| 6 | MICROSOFT CORP (MSFT) | 2.5% | 2.4% | |
| 7 | ISHARES INC (IEMG) | 2.3% | 2.3% | |
| 8 | ISHARES U S ETF TR (LQDH) | 2.2% | 2.2% | |
| 9 | ISHARES TR (STIP) | 2.2% | 2.1% | Entered the top 10 |
| 10 | ISHARES TR (IGM) | 2.2% | 2.1% | |
| — | ISHARES TR (TLH) | 2.3% | 2.1% | Left the top 10 |
| — | ISHARES TR (IVV) | 2.2% | 2.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| New | ANALOG DEVICES INC (ADI) | Call | 0 | 700 | $46.3K |
| New | SPDR DOW JONES INDL AVERAGE (DIA) | Call | 0 | 500 | $30.4K |
| New | ELI LILLY & CO (LLY) | Call | 0 | 100 | $28.6K |
| New | ISHARES TR (SOXX) | Call | 0 | 400 | $27.5K |
| Increased | APPLE INC (AAPL) | Call | 200 | 500 | $38K |
| New | SELECT SECTOR SPDR TR (XLF) | Call | 0 | 2,500 | $19.3K |
| New | GOLDMAN SACHS GROUP INC (GS) | Call | 0 | 100 | $17.5K |
| Increased | SPDR GOLD TR (GLD) | Call | 100 | 300 | $23.2K |
| New | MCDONALDS CORP (MCD) | Call | 0 | 400 | $16.5K |
| New | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | Call | 0 | 200 | $15.9K |
| Increased | SCHWAB STRATEGIC TR (SCHD) | Call | 2,000 | 9,500 | $17.9K |
| New | PEPSICO INC (PEP) | Call | 0 | 1,000 | $14.7K |
| New | COCA COLA CO (KO) | Call | 0 | 2,000 | $14.7K |
| Exited | SERVICENOW INC (NOW) | Call | 100 | 0 | $0 |
| New | CATERPILLAR INC (CAT) | Call | 0 | 100 | $11.1K |
| New | OREILLY AUTOMOTIVE INC (ORLY) | Call | 0 | 800 | $11K |
| New | ISHARES TR (IWM) | Call | 0 | 300 | $10.6K |
| Increased | SELECT SECTOR SPDR TR (XLP) | Call | 2,000 | 3,000 | $13.2K |
| Increased | CINTAS CORP (CTAS) | Put | 4,500 | 5,500 | $11K |
| New | ALPHABET INC (GOOGL) | Put | 0 | 1,000 | $1.74K |
| Increased | ALPHABET INC (GOOG) | Put | 200 | 700 | $1.5K |
| Increased | MICROSOFT CORP (MSFT) | Put | 300 | 1,100 | $882 |
| Increased | APPLE INC (AAPL) | Put | 500 | 3,000 | $598 |