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Institution

Greenleaf Trust

13F for the quarter to June 30, 2026, filed July 21, 2026 · SEC CIK 1162170

Reported value
$10.4bn
68% in companies we cover
Positions we cover
689
Largest SYK 46.2%
Copy, a year
+13.5%
S&P 500 +13.8%
Copy Sharpe ratio
0.60
S&P 500 0.77

How copying its 13F would have done

$10.0k$20.0k$40.0k 2013201520172019202120232025 $55.9k$53.9k
CopyS&P 500 $10,000 copying Greenleaf Trust's filed holdings in companies we cover from July 19, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −36.9% (S&P 500 −31.8%); beta 1.02; alpha +0.6% a year (t = 0.14); last 12 months −6.3% against +12.1%.

Reported value by quarter

Greenleaf Trust: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).
$0 $5B $10B $15B Reported value, 2013-06-30: $2.6B Reported value, 2013-09-30: $2.7B Reported value, 2013-12-31: $2.9B Reported value, 2014-03-31: $3.1B Reported value, 2014-06-30: $3.2B Reported value, 2014-09-30: $3B Reported value, 2014-12-31: $3.5B Reported value, 2015-03-31: $3.3B Reported value, 2015-06-30: $3.5B Reported value, 2015-09-30: $3.4B Reported value, 2015-12-31: $3.3B Reported value, 2016-03-31: $3.7B Reported value, 2016-06-30: $3.9B Reported value, 2016-09-30: $3.8B Reported value, 2016-12-31: $3.8B Reported value, 2017-03-31: $4.2B Reported value, 2017-06-30: $4.4B Reported value, 2017-09-30: $4.6B Reported value, 2017-12-31: $4.9B Reported value, 2018-03-31: $5B Reported value, 2018-06-30: $5.3B Reported value, 2018-09-30: $5.5B Reported value, 2018-12-31: $5.1B Reported value, 2019-03-31: $6.1B Reported value, 2019-06-30: $6.3B Reported value, 2019-09-30: $6.4B Reported value, 2019-12-31: $6.4B Reported value, 2020-03-31: $5B Reported value, 2020-06-30: $5.7B Reported value, 2020-09-30: $6.5B Reported value, 2020-12-31: $7.5B Reported value, 2021-03-31: $7.6B Reported value, 2021-06-30: $8.1B Reported value, 2021-09-30: $8.2B Reported value, 2021-12-31: $8.5B Reported value, 2022-03-31: $8.4B Reported value, 2022-06-30: $6.6B Reported value, 2022-09-30: $6.8B Reported value, 2022-12-31: $7.9B Reported value, 2023-03-31: $8.8B Reported value, 2023-06-30: $9.4B Reported value, 2023-09-30: $8.7B Reported value, 2023-12-31: $9.3B Reported value, 2024-03-31: $10.8B Reported value, 2024-06-30: $10.5B Reported value, 2024-09-30: $11.2B Reported value, 2024-12-31: $11B Reported value, 2025-03-31: $11B Reported value, 2025-06-30: $11.3B Reported value, 2025-09-30: $11B Reported value, 2025-12-31: $10.9B Reported value, 2026-03-31: $10.2B Reported value, 2026-06-30: $10.4B 2013-06-30 2016-03-31 2018-12-31 2021-09-30 2026-06-30 $10.4B
View chart data
Period Reported value
2013-06-30 $2.6B
2013-09-30 $2.7B
2013-12-31 $2.9B
2014-03-31 $3.1B
2014-06-30 $3.2B
2014-09-30 $3B
2014-12-31 $3.5B
2015-03-31 $3.3B
2015-06-30 $3.5B
2015-09-30 $3.4B
2015-12-31 $3.3B
2016-03-31 $3.7B
2016-06-30 $3.9B
2016-09-30 $3.8B
2016-12-31 $3.8B
2017-03-31 $4.2B
2017-06-30 $4.4B
2017-09-30 $4.6B
2017-12-31 $4.9B
2018-03-31 $5B
2018-06-30 $5.3B
2018-09-30 $5.5B
2018-12-31 $5.1B
2019-03-31 $6.1B
2019-06-30 $6.3B
2019-09-30 $6.4B
2019-12-31 $6.4B
2020-03-31 $5B
2020-06-30 $5.7B
2020-09-30 $6.5B
2020-12-31 $7.5B
2021-03-31 $7.6B
2021-06-30 $8.1B
2021-09-30 $8.2B
2021-12-31 $8.5B
2022-03-31 $8.4B
2022-06-30 $6.6B
2022-09-30 $6.8B
2022-12-31 $7.9B
2023-03-31 $8.8B
2023-06-30 $9.4B
2023-09-30 $8.7B
2023-12-31 $9.3B
2024-03-31 $10.8B
2024-06-30 $10.5B
2024-09-30 $11.2B
2024-12-31 $11B
2025-03-31 $11B
2025-06-30 $11.3B
2025-09-30 $11B
2025-12-31 $10.9B
2026-03-31 $10.2B
2026-06-30 $10.4B

Holdings and moves

CompanyShare of portfolioValueSharesChange in shares
SYKStryker Corporation46.15%$4.8bn15.23M−4.5% Reduced
AAPLApple Inc.1.74%$181.1m626.0K−1.9% Reduced
NVDANVIDIA Corporation1.09%$112.9m564.3K−0.3%
MSFTMicrosoft Corporation1.06%$110.5m296.3K+1.5% Added
AMZNAmazon1.06%$110.1m461.9K−0.9% Reduced
GOOGLAlphabet Inc. (Class A)1.00%$104.4m292.1K+0.9% Added
VVisa Inc.0.79%$82.3m239.9K+2.1% Added
METAMeta Platforms0.58%$60.2m106.9K−0.3%
TSMTaiwan Semiconductor Manufacturing Co LTD0.51%$52.7m110.4K−4.8% Reduced
AVGOBroadcom0.42%$43.4m115.0K+1.2% Added
SPGIS&P Global0.30%$31.1m76.5K+1.2% Added
CPCanadian Pacific Kansas City LTD0.29%$30.1m347.8K−0.4%
JPMJPMorgan Chase0.28%$29.6m90.4K0.0%
MUMicron Technology0.26%$27.5m23.8K+4.6% Added
LLYLilly (Eli)0.24%$25.3m21.1K+2.9% Added
LRCXLam Research0.22%$22.5m51.9K+0.8% Added
JNJJohnson & Johnson0.21%$21.9m86.1K+1.2% Added
AMDAdvanced Micro Devices0.21%$21.6m37.1K+5.1% Added
TSLATesla, Inc.0.21%$21.4m51.0K−3.5% Reduced
AMATApplied Materials0.19%$19.8m27.4K+1.6% Added
AMTAmerican Tower0.17%$18.1m110.6K+0.1%
CATCaterpillar Inc.0.17%$17.5m16.4K+2.8% Added
MDLZMondelez International0.16%$16.9m292.0K−1.8% Reduced
DHRDanaher Corporation0.16%$16.2m84.9K+2.3% Added
CRMSalesforce0.15%$16.1m102.7K−0.5%
HDThe Home Depot0.15%$15.7m44.6K+0.7% Added
ABBVAbbVie0.15%$15.3m60.7K+1.6% Added
CSCOCisco0.15%$15.2m129.4K+1.4% Added
TJXTJX Companies0.14%$14.4m94.9K−2.2% Reduced
ROPRoper Technologies0.13%$13.9m41.0K+3.4% Added
MAMastercard0.13%$13.6m26.4K−4.4% Reduced
WMTWalmart0.13%$13.2m116.2K−7.6% Reduced
BKNGBooking Holdings0.12%$12.6m70.8K+2334.5% Added
INTCIntel0.12%$12.6m90.0K+12.0% Added
HONHoneywell Technologies0.11%$11.7m52.4KNew
KLACKLA Corporation0.11%$11.7m38.8K+885.7% Added
DGDollar General0.11%$11.6m100.4K−1.3% Reduced
COSTCostco0.11%$11.0m11.8K−4.2% Reduced
MRKMerck & Co.0.10%$10.4m81.3K+3.3% Added
ADBEAdobe Inc.0.09%$9.2m45.1K−1.6% Reduced
PGProcter & Gamble0.09%$9.2m62.5K−9.5% Reduced
APHAmphenol0.08%$8.8m49.8K−2.5% Reduced
BACBank of America0.08%$8.8m153.6K+0.3%
ORCLOracle Corporation0.08%$8.5m58.1K−0.3%
GSGoldman Sachs0.08%$8.5m8.4K+1.2% Added
GEGE Aerospace0.08%$8.3m22.2K−1.1% Reduced
NEENextEra Energy0.08%$8.3m94.4K−5.2% Reduced
RTXRTX Corporation0.08%$8.3m43.6K−1.7% Reduced
TXNTexas Instruments0.08%$8.2m27.5K+0.5% Added
ETNEaton Corporation0.08%$8.1m18.9K+1.6% Added
KOThe Coca-Cola Company0.08%$8.0m98.4K+1.4% Added
PEPPepsiCo0.07%$7.7m56.9K−9.9% Reduced
UNHUnitedHealth Group0.07%$7.5m18.1K+11.4% Added
HBANHuntington Bancshares0.07%$7.3m413.5K−5.8% Reduced
PMPhilip Morris International0.07%$6.8m37.4K+1.5% Added
GEVGE Vernova0.06%$6.7m5.7K+2.0% Added
STXSeagate Technology0.06%$6.6m6.9K−1.0% Reduced
MSMorgan Stanley0.06%$6.1m29.2K+3.6% Added
WFCWells Fargo0.06%$6.0m72.6K−1.5% Reduced
CPRTCopart0.06%$6.0m212.7K−2.6% Reduced
NFLXNetflix0.06%$6.0m83.9K−3.0% Reduced
NKENike, Inc.0.06%$5.9m144.1K+12.7% Added
PANWPalo Alto Networks0.06%$5.9m17.3K+4.3% Added
AXPAmerican Express0.06%$5.9m17.5K+4.7% Added
AMGNAmgen0.06%$5.8m16.1K+0.1%
IBMIBM0.06%$5.7m20.4K−0.5%
QCOMQualcomm0.05%$5.5m30.0K−3.9% Reduced
LITELumentum0.05%$5.5m6.4K−0.2%
PFEPfizer0.05%$5.4m225.0K−6.8% Reduced
CVXChevron Corporation0.05%$5.4m32.7K+0.1%
MCKMcKesson0.05%$5.4m7.1K−0.6% Reduced
TMOThermo Fisher Scientific0.05%$5.2m10.4K−4.3% Reduced
ABTAbbott Laboratories0.05%$5.0m54.8K−11.7% Reduced
LINLinde plc0.05%$4.9m9.4K+0.3%
SNDKSandisk0.05%$4.9m2.1K+11.2% Added
ADIAnalog Devices0.05%$4.9m12.2K−0.6% Reduced
CBChubb Limited0.05%$4.8m14.2K+1.3% Added
ASMLAsml Holding NV0.05%$4.8m2.4K+0.2%
MCDMcDonald's0.04%$4.6m17.0K−16.5% Reduced
SCHWCharles Schwab Corporation0.04%$4.6m49.7K−1.3% Reduced
CMICummins0.04%$4.4m6.1K−0.1%
LMTLockheed Martin0.04%$4.3m8.5K−1.6% Reduced
FITBFifth Third Bancorp0.04%$4.3m75.7K+0.4%
ROKRockwell Automation0.04%$4.2m8.5K−0.3%
DELLDell Technologies0.04%$4.2m9.7K+1.9% Added
ANETArista Networks0.04%$4.2m24.5K−0.2%
BNYBNY Mellon0.04%$4.2m28.8K+1.0% Added
ADPAutomatic Data Processing0.04%$4.1m18.2K+22.7% Added
FASTFastenal0.04%$4.0m83.4K−0.3%
UMCUnited Microelectronics Corp0.04%$3.9m144.1K+0.8% Added
PLTRPalantir Technologies Inc.0.04%$3.8m32.4K−12.8% Reduced
SHWSherwin-Williams0.04%$3.7m10.8K+1.0% Added
ECLEcolab0.04%$3.7m13.4K−4.5% Reduced
UNPUnion Pacific Corporation0.04%$3.6m13.4K−3.9% Reduced
METMetLife0.04%$3.6m42.4K+22.0% Added
DEDeere & Company0.03%$3.5m5.6K+2.0% Added
EMREmerson Electric0.03%$3.5m24.6K+0.9% Added
TTTrane Technologies0.03%$3.5m7.0K+10.4% Added
GLWCorning Inc.0.03%$3.4m13.5K+2.5% Added
PHParker Hannifin0.03%$3.4m3.5K+5.3% Added
CMECME Group0.03%$3.4m15.4K−6.6% Reduced
WDCWestern Digital0.03%$3.4m5.3K+4.5% Added
CLColgate-Palmolive0.03%$3.4m36.6K−6.4% Reduced
JCIJohnson Controls0.03%$3.3m22.9K+1.0% Added
ISRGIntuitive Surgical0.03%$3.3m8.3K−11.9% Reduced
CSXCSX Corporation0.03%$3.3m69.0K+0.4%
HLTHilton Worldwide0.03%$3.3m9.9K0.0%
DISThe Walt Disney Company0.03%$3.2m33.5K+0.7% Added
WMWaste Management0.03%$3.2m14.3K−3.2% Reduced
COFCapital One0.03%$3.1m15.5K−0.7% Reduced
BABoeing0.03%$3.1m14.3K+0.7% Added
GILDGilead Sciences0.03%$3.1m24.2K−3.8% Reduced
CRWDCrowdStrike0.03%$3.0m4.0K−7.0% Reduced
STTState Street Corporation0.03%$2.9m17.3K+0.6% Added
EWEdwards Lifesciences0.03%$2.9m32.2K+0.1%
LOWLowe's0.03%$2.9m13.2K−12.8% Reduced
VZVerizon0.03%$2.9m68.5K−10.1% Reduced
TRVThe Travelers Companies0.03%$2.9m8.8K+4.7% Added
BLKBlackRock0.03%$2.9m3.0K−1.3% Reduced
CCitigroup0.03%$2.8m20.2K−0.1%
SOSouthern Company0.03%$2.8m29.0K+3.2% Added
HIGThe Hartford0.03%$2.8m20.9K−2.9% Reduced
TAT&T0.03%$2.7m132.8K−9.3% Reduced
ITWIllinois Tool Works0.03%$2.7m10.1K−3.2% Reduced
MCOMoody's Corporation0.03%$2.6m5.8K−6.4% Reduced
DUKDuke Energy0.03%$2.6m20.7K+2.0% Added
GWWW. W. Grainger0.03%$2.6m1.9K+1.7% Added
PNCPNC Financial Services0.03%$2.6m10.6K+1.0% Added
MPCMarathon Petroleum0.03%$2.6m10.2K+0.7% Added
PLDPrologis0.03%$2.6m19.1K−1.7% Reduced
LPLALPL Financial Holdings Inc.0.02%$2.5m8.9K−1.6% Reduced
AFLAflac0.02%$2.5m21.4K+0.8% Added
VRTXVertex Pharmaceuticals0.02%$2.5m5.0K+5.1% Added
NEMNewmont0.02%$2.5m26.4K+3.9% Added
COPConocoPhillips0.02%$2.5m23.6K+2.2% Added
MMM3M0.02%$2.4m15.1K0.0%
MOAltria0.02%$2.4m34.0K−1.9% Reduced
NSCNorfolk Southern0.02%$2.4m7.7K−0.2%
PGRProgressive Corporation0.02%$2.4m11.1K−0.4%
SBUXStarbucks0.02%$2.4m23.6K−14.3% Reduced
MRVLMarvell Technology0.02%$2.4m8.0K+16.8% Added
GDGeneral Dynamics0.02%$2.4m6.7K−5.1% Reduced
AZNAstrazeneca PLC0.02%$2.4m12.5KNew
ALLAllstate0.02%$2.4m9.9K+4.2% Added
WELLWelltower0.02%$2.3m10.2K−3.0% Reduced
USBU.S. Bancorp0.02%$2.3m38.2K+2.9% Added
EBAYeBay Inc.0.02%$2.3m20.7K+0.2%
ORLYO'Reilly Automotive0.02%$2.2m24.3K−8.0% Reduced
PWRQuanta Services0.02%$2.2m3.1K−1.5% Reduced
MCHPMicrochip Technology Inc0.02%$2.2m24.2K+0.6% Added
CompanyBought (value)Shares
BKNGBooking Holdings$12.1m67.9K
HONHoneywell Technologies$11.7m52.4K
KLACKLA Corporation$10.5m34.9K
AZNAstrazeneca PLC$2.4m12.5K
VVisa Inc.$1.7m5.0K
MSFTMicrosoft Corporation$1.7m4.5K
INTCIntel$1.3m9.7K
MUMicron Technology$1.2m1.0K
AMDAdvanced Micro Devices$1.1m1.8K
GISGeneral Mills$1.0m28.9K
GOOGLAlphabet Inc. (Class A)$973,1192.7K
CRHCRH plc$886,9238.3K
HUBSHubspot Inc$876,2314.8K
UNHUnitedHealth Group$771,8251.9K
DDDuPont$769,3965.7K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
SYKStryker Corporation−$223.4m−709.5K
AAPLApple Inc.−$3.5m−12.1K
TSMTaiwan Semiconductor Manufacturing Co LTD−$2.7m−5.6K
WMTWalmart−$1.1m−9.6K
AMZNAmazon−$983,391−4.1K
PGProcter & Gamble−$959,319−6.5K
MCDMcDonald's−$907,701−3.4K
PEPPepsiCo−$849,229−6.3K
TSLATesla, Inc.−$778,531−1.9K
ABTAbbott Laboratories−$658,863−7.3K
MAMastercard−$618,888−1.2K
PLTRPalantir Technologies Inc.−$556,049−4.8K
INTUIntuit−$549,144−2.1K
LQDALiquidia Corp−$528,964−14.0K
ITGartner−$525,372−3.3K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
LQDALiquidia Corp$528,96414.0K
ITGartner$525,3723.3K
MSTRStrategy Inc$362,9182.9K
CTSHCognizant$356,9345.8K
LULULululemon Athletica$342,7912.2K
WYWeyerhaeuser$320,22813.1K
PODDInsulet Corporation$314,7601.5K
KTOSKratos Defense & Security Solutions, Inc.$310,8084.4K
TRMBTrimble Inc.$308,9294.7K
DTDynatrace, Inc.$303,3478.2K
EFXEquifax$273,1661.5K
FISFidelity National Information Services$273,1105.8K
SEICSEI Investments Co$268,5243.4K
ACMAecom$259,7193.1K
FSLYFastly, Inc.$259,2448.9K
PTCPTC Inc.$254,9151.8K
JKHYJack Henry & Associates Inc$250,1771.6K
MOSThe Mosaic Company$245,0819.6K
CECelanese Corp$232,6943.5K
BILIBilibili Inc.$231,30810.3K
APAMArtisan Partners Asset Management Inc.$230,4956.3K
TSNTyson Foods$226,3593.5K
HEIHeico Corp$222,102810
TYLTyler Technologies Inc$220,836645
CCJCameco Corp$211,5721.9K
LDOSLeidos$209,3301.3K
SRSpire Inc$208,5142.3K
PDDPDD Holdings Inc.$208,2432.0K
KFYKorn Ferry$206,5393.3K
CELCCelcuity Inc.$205,7941.8K
  • Health Care70.8%
  • Technology11.9%
  • Financials4.4%
  • Consumer Discretionary3.3%
  • Industrials3.2%
  • Communication Services2.7%
  • Consumer Staples1.6%
  • Real Estate0.6%
  • Materials0.6%
  • Utilities0.5%
  • Energy0.5%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestJuly 19, 2013 to November 2, 2026+13.5%+13.8%0.600.77−36.9%1.02
2018 onwardsJanuary 5, 2018 to November 2, 2026+10.0%+13.9%0.400.66−36.9%1.05
Last three yearsNovember 3, 2023 to November 2, 2026+8.6%+21.8%0.291.16−19.7%0.69
Last yearNovember 7, 2025 to November 2, 2026−6.0%+14.2%−0.370.84−18.6%0.46

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.