# EDGAR Filing Document

**Accession Number:** 0001568069
**File Stem:** 0001568069-25-000005
**Filing Date:** 2025-11
**Character Count:** 20324
**Document Hash:** 2485ee1384152ceed85549a084bbb90a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001568069-25-000005.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001568069-25-000005

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251113

**EFFECTIVENESS DATE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Idaho Trust Co
- **CENTRAL INDEX KEY:** 0001568069

**ORGANIZATION NAME:**
- **EIN:** 934674359
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23373
- **FILM NUMBER:** 251480294

**BUSINESS ADDRESS:**
- **STREET 1:** 888 W. BROAD STREET
- **CITY:** BOISE
- **STATE:** ID
- **ZIP:** 83702
- **BUSINESS PHONE:** 208-350-2061

**MAIL ADDRESS:**
- **STREET 1:** 888 W. BROAD STREET
- **CITY:** BOISE
- **STATE:** ID
- **ZIP:** 83702

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Idaho Trust Bank
- **DATE OF NAME CHANGE:** 20130128

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Idaho Trust Co<br>**Address:** 888 W. BROAD STREET<br>BOISE, ID 83702

**Form 13F File Number:** 028-23373

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Rebecca L Eckardt<br>**Title:** Chief of Wealth Management Operations<br>**Phone:** 208-350-2061

**Signature, Place, and Date of Signing:**

/s/Rebecca L Eckardt  Boise, ID  11-13-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 149

**Form 13F Information Table Value Total:** $297005909

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 176974 | 728 | SH |  | SOLE |  | 728 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 189374 | 779 | SH |  | DFND |  | 779 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 271069 | 1113 | SH |  | SOLE |  | 1113 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 253289 | 1040 | SH |  | DFND |  | 1040 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 486342 | 2215 | SH |  | SOLE |  | 2215 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 264140 | 1203 | SH |  | DFND |  | 1203 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 748865 | 2941 | SH |  | SOLE |  | 2941 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 575209 | 2259 | SH |  | DFND |  | 2259 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 | BBG001S5ND74 | 262856 | 4400 | SH |  | SOLE |  | 4400 | 0 | 0 |
| BARCLAYS BANK PLC | DJUBS CMDT ETN36 | 06738C778 | BBG001SPJ625 | 2597017 | 73303 | SH |  | SOLE |  | 72431 | 872 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 3592005 | 7145 | SH |  | SOLE |  | 7145 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 1590134 | 3163 | SH |  | DFND |  | 3163 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 | BBG001S89N72 | 221369 | 41 | SH |  | SOLE |  | 41 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 | BBG001S89N72 | 53992 | 10 | SH |  | DFND |  | 10 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 326601 | 990 | SH |  | DFND |  | 990 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 349363 | 1059 | SH |  | SOLE |  | 1059 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 110218 | 231 | SH |  | DFND |  | 231 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 131687 | 276 | SH |  | SOLE |  | 276 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 4192 | 27 | SH |  | DFND |  | 27 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 407008 | 2621 | SH |  | SOLE |  | 2621 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 | BBG001S5QNR7 | 12003 | 97 | SH |  | DFND |  | 97 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 | BBG001S5QNR7 | 204309 | 1651 | SH |  | SOLE |  | 1651 | 0 | 0 |
| GLACIER BANCORP INC NEW | COM | 37637Q105 | BBG001S6HGM5 | 15310330 | 314639 | SH |  | SOLE |  | 314639 | 0 | 0 |
| GLACIER BANCORP INC NEW | COM | 37637Q105 | BBG001S6HGM5 | 414728 | 8523 | SH |  | DFND |  | 8523 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 170178 | 420 | SH |  | SOLE |  | 420 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 51863 | 128 | SH |  | DFND |  | 128 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 | BBG00KJR2NN7 | 235795 | 1243 | SH |  | SOLE |  | 1243 | 0 | 0 |
| ISHARES INC | MSCI AUST ETF | 464286103 | BBG001S6ZW40 | 1406349 | 52087 | SH |  | SOLE |  | 52087 | 0 | 0 |
| ISHARES INC | MSCI BELGIUM ETF | 464286301 | BBG001S6ZMW1 | 207697 | 8945 | SH |  | SOLE |  | 8945 | 0 | 0 |
| ISHARES INC | MSCI EMERG MRKT | 464286533 | BBG0025X3FS0 | 4447306 | 69676 | SH |  | SOLE |  | 68950 | 726 | 0 |
| ISHARES INC | MSCI FRANCE ETF | 464286707 | BBG001S8S2R5 | 1801826 | 41016 | SH |  | SOLE |  | 41016 | 0 | 0 |
| ISHARES INC | MSCI GERMANY ETF | 464286806 | BBG001S8SJC4 | 2092185 | 50281 | SH |  | SOLE |  | 50281 | 0 | 0 |
| ISHARES INC | MSCI HONG KG ETF | 464286871 | BBG001S5VWX4 | 564944 | 26228 | SH |  | SOLE |  | 26228 | 0 | 0 |
| ISHARES INC | MSCI ITALY ETF | 46434G830 | BBG001S8SYM0 | 749475 | 14427 | SH |  | SOLE |  | 14427 | 0 | 0 |
| ISHARES INC | MSCI JPN ETF NEW | 46434G822 | BBG001S8SYN9 | 4966435 | 61918 | SH |  | SOLE |  | 61918 | 0 | 0 |
| ISHARES INC | MSCI NETHERL ETF | 464286814 | BBG001S8SYR5 | 723725 | 12476 | SH |  | SOLE |  | 12476 | 0 | 0 |
| ISHARES INC | MSCI SINGPOR ETF | 46434G780 | BBG001S8SYS4 | 447226 | 15781 | SH |  | SOLE |  | 15781 | 0 | 0 |
| ISHARES INC | MSCI SPAIN ETF | 464286764 | BBG001S8SYT3 | 823528 | 16637 | SH |  | SOLE |  | 16637 | 0 | 0 |
| ISHARES INC | MSCI SWEDEN ETF | 464286756 | BBG001S8SYV0 | 578996 | 12267 | SH |  | SOLE |  | 12267 | 0 | 0 |
| ISHARES INC | MSCI SWITZERLAND | 464286749 | BBG001S8SYW9 | 1442031 | 26105 | SH |  | SOLE |  | 26105 | 0 | 0 |
| ISHARES TR | 0-5YR HI YL CP | 46434V407 | BBG005DW06B7 | 95188 | 2199 | SH |  | DFND |  | 2199 | 0 | 0 |
| ISHARES TR | 0-5YR HI YL CP | 46434V407 | BBG005DW06B7 | 675587 | 15607 | SH |  | SOLE |  | 15607 | 0 | 0 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 | BBG001SKXPR1 | 322130 | 3883 | SH |  | SOLE |  | 3883 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 | BBG001SFC7V0 | 11025908 | 168955 | SH |  | SOLE |  | 166381 | 2574 | 0 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 7647299 | 11426 | SH |  | SOLE |  | 11426 | 0 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 | BBG001S60QR6 | 7491247 | 67205 | SH |  | SOLE |  | 67173 | 32 | 0 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 | BBG001SQS9Y2 | 15026684 | 157861 | SH |  | SOLE |  | 156155 | 1706 | 0 |
| ISHARES TR | MSCI DENMARK ETF | 46429B523 | BBG002DW4Q17 | 885890 | 8126 | SH |  | SOLE |  | 8126 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 | BBG001SG09V7 | 20438588 | 218900 | SH |  | SOLE |  | 214826 | 4074 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 | BBG001SK77D5 | 273883 | 5129 | SH |  | SOLE |  | 5129 | 0 | 0 |
| ISHARES TR | MSCI FINLAND ETF | 46429B515 | BBG002DMMF40 | 230559 | 5387 | SH |  | SOLE |  | 5387 | 0 | 0 |
| ISHARES TR | MSCI IRELAND ETF | 46429B507 | BBG001S56P85 | 223082 | 3307 | SH |  | SOLE |  | 3307 | 0 | 0 |
| ISHARES TR | MSCI UK ETF NEW | 46435G334 | BBG001S8SYX8 | 3055620 | 72805 | SH |  | SOLE |  | 72805 | 0 | 0 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 | BBG004TRTWW3 | 232427 | 1195 | SH |  | SOLE |  | 1195 | 0 | 0 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 | BBG001SZV978 | 265159 | 2490 | SH |  | SOLE |  | 2490 | 0 | 0 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 | BBG001S562F8 | 7247283 | 22646 | SH |  | SOLE |  | 22262 | 384 | 0 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 | BBG001S56277 | 5653918 | 31978 | SH |  | SOLE |  | 31458 | 520 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 | BBG001SFC7Y7 | 12686826 | 52434 | SH |  | SOLE |  | 51569 | 865 | 0 |
| ISHARES TR | S 500 GRWT ETF | 464287309 | BBG001S561Q8 | 1403968 | 11630 | SH |  | SOLE |  | 11630 | 0 | 0 |
| ISHARES TR | S 500 VAL ETF | 464287408 | BBG001S561K4 | 1446181 | 7003 | SH |  | SOLE |  | 7003 | 0 | 0 |
| ISHARES TR | S MC 400GR ETF | 464287606 | BBG001SFQL08 | 6015937 | 62739 | SH |  | SOLE |  | 61725 | 1014 | 0 |
| ISHARES TR | S MC 400VL ETF | 464287705 | BBG001SFQJM9 | 4703807 | 36262 | SH |  | SOLE |  | 35717 | 545 | 0 |
| ISHARES TR | US TREAS BD ETF | 46429B267 | BBG002NCKPP8 | 2047181 | 88586 | SH |  | SOLE |  | 88586 | 0 | 0 |
| ISHARES TR | US TREAS BD ETF | 46429B267 | BBG002NCKPP8 | 220947 | 9561 | SH |  | DFND |  | 9561 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | US QUALTY FCTR | 46641Q761 | BBG00J5DPW97 | 813053 | 12927 | SH |  | SOLE |  | 12927 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | US QUALTY FCTR | 46641Q761 | BBG00J5DPW97 | 78869 | 1254 | SH |  | DFND |  | 1254 | 0 | 0 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 | BBG00XX898D2 | 266253 | 5245 | SH |  | SOLE |  | 5245 | 0 | 0 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 | BBG00XX898D2 | 37614 | 741 | SH |  | DFND |  | 741 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 565526 | 3050 | SH |  | SOLE |  | 3050 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 30222 | 163 | SH |  | DFND |  | 163 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 32421 | 57 | SH |  | DFND |  | 57 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 269607 | 474 | SH |  | SOLE |  | 474 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 34640 | 114 | SH |  | DFND |  | 114 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 292632 | 963 | SH |  | SOLE |  | 963 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 373798 | 509 | SH |  | DFND |  | 509 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 439892 | 599 | SH |  | SOLE |  | 599 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 3831265 | 7397 | SH |  | SOLE |  | 7397 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 473921 | 915 | SH |  | DFND |  | 915 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 373159 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 205238 | 1100 | SH |  | DFND |  | 1100 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 260416 | 926 | SH |  | SOLE |  | 926 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 66650 | 237 | SH |  | DFND |  | 237 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 206810 | 1346 | SH |  | SOLE |  | 1346 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 26426 | 172 | SH |  | DFND |  | 172 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 | BBG001S5X5Q9 | 73120 | 437 | SH |  | DFND |  | 437 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 | BBG001S5X5Q9 | 142727 | 853 | SH |  | SOLE |  | 853 | 0 | 0 |
| SPDR INDEX SHS FDS | DJ INTL RL ETF | 78463X863 | BBG001SRXRL8 | 3126903 | 112482 | SH |  | SOLE |  | 111130 | 1352 | 0 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 | BBG001SRXRJ1 | 382621 | 8942 | SH |  | DFND |  | 8942 | 0 | 0 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 | BBG001SRXRJ1 | 3356734 | 78448 | SH |  | SOLE |  | 78448 | 0 | 0 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 | BBG001SRXRD7 | 138694 | 2963 | SH |  | DFND |  | 2963 | 0 | 0 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 | BBG001SRXRD7 | 958575 | 20479 | SH |  | SOLE |  | 20479 | 0 | 0 |
| SPDR SERIES TRUST | BLOOMBERG HIGH Y | 78468R622 | BBG001SQS7X7 | 13749761 | 140319 | SH |  | SOLE |  | 139390 | 929 | 0 |
| SPDR SERIES TRUST | BLOOMBERG INTL | 78464A151 | BBG001T8QLK1 | 4739388 | 146779 | SH |  | SOLE |  | 146779 | 0 | 0 |
| SPDR SERIES TRUST | FTSE INT GVT ETF | 78464A490 | BBG001STK554 | 4658248 | 118835 | SH |  | SOLE |  | 118835 | 0 | 0 |
| SPDR SERIES TRUST | NUVEEN ICE MUNIC | 78468R721 | BBG001SRSPW6 | 769002 | 16879 | SH |  | SOLE |  | 16879 | 0 | 0 |
| SPDR SERIES TRUST | NUVEEN ICE SHORT | 78468R739 | BBG001T083N5 | 716689 | 14863 | SH |  | SOLE |  | 14863 | 0 | 0 |
| SPDR SERIES TRUST | PORT MTG BK ETF | 78464A383 | BBG001T2HF72 | 181205 | 8079 | SH |  | DFND |  | 8079 | 0 | 0 |
| SPDR SERIES TRUST | PORT MTG BK ETF | 78464A383 | BBG001T2HF72 | 1253978 | 55908 | SH |  | SOLE |  | 55908 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO LN TSR | 78464A664 | BBG001STKCY7 | 99547 | 3694 | SH |  | DFND |  | 3694 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO LN TSR | 78464A664 | BBG001STKCY7 | 645629 | 23958 | SH |  | SOLE |  | 23958 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO S | 78468R853 | BBG004T58LZ5 | 133738 | 2888 | SH |  | DFND |  | 2888 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO S | 78468R853 | BBG004T58LZ5 | 952591 | 20571 | SH |  | SOLE |  | 20571 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO SHORT | 78464A474 | BBG001T6B0P2 | 56849 | 1877 | SH |  | DFND |  | 1877 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO SHORT | 78464A474 | BBG001T6B0P2 | 426324 | 14076 | SH |  | SOLE |  | 14076 | 0 | 0 |
| SPDR SERIES TRUST | PRTFLO S GW | 78464A409 | BBG001SD7RB9 | 556508 | 5325 | SH |  | DFND |  | 5325 | 0 | 0 |
| SPDR SERIES TRUST | PRTFLO S GW | 78464A409 | BBG001SD7RB9 | 4212113 | 40304 | SH |  | SOLE |  | 40304 | 0 | 0 |
| SPDR SERIES TRUST | PRTFLO S VL | 78464A508 | BBG001SG4284 | 250140 | 4521 | SH |  | DFND |  | 4521 | 0 | 0 |
| SPDR SERIES TRUST | PRTFLO S VL | 78464A508 | BBG001SG4284 | 2150510 | 38868 | SH |  | SOLE |  | 38868 | 0 | 0 |
| SPDR SERIES TRUST | S 600 SMCP GRW | 78464A201 | BBG001SG4275 | 139760 | 1482 | SH |  | DFND |  | 1482 | 0 | 0 |
| SPDR SERIES TRUST | S 600 SMCP GRW | 78464A201 | BBG001SG4275 | 946340 | 10035 | SH |  | SOLE |  | 10035 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | BBG001S5WS08 | 66930 | 138 | SH |  | DFND |  | 138 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | BBG001S5WS08 | 206127 | 425 | SH |  | SOLE |  | 425 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 | BBG001S6T8C1 | 283453 | 5865 | SH |  | SOLE |  | 5865 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 | BBG001S6T8C1 | 140108 | 2899 | SH |  | DFND |  | 2899 | 0 | 0 |
| VANECK ETF TRUST | HIGH YLD MUNIETF | 92189H409 | BBG001SZDBR1 | 2193478 | 43094 | SH |  | SOLE |  | 43094 | 0 | 0 |
| VANECK ETF TRUST | INTRMDT MUNI ETF | 92189H201 | BBG001SRLFL7 | 1624683 | 34872 | SH |  | SOLE |  | 34872 | 0 | 0 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 | BBG001ST39R1 | 537020 | 6877 | SH |  | SOLE |  | 6877 | 0 | 0 |
| VANGUARD BD INDEX FDS | LONG TERM BOND | 921937793 | BBG001ST39S0 | 7841657 | 110681 | SH |  | SOLE |  | 110499 | 182 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 | BBG001SK7DK4 | 336744 | 4528 | SH |  | SOLE |  | 4528 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 | BBG001SHTTS4 | 7958874 | 16595 | SH |  | SOLE |  | 15916 | 679 | 0 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 | BBG001SHTTQ6 | 13235303 | 42993 | SH |  | SOLE |  | 41177 | 1816 | 0 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 | BBG001SRN7W1 | 334320 | 1915 | SH |  | SOLE |  | 1915 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 | BBG001SMD2X3 | 5960380 | 65199 | SH |  | SOLE |  | 64437 | 762 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 255636 | 779 | SH |  | SOLE |  | 779 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 | BBG001SHVR78 | 5454919 | 29251 | SH |  | SOLE |  | 27982 | 1269 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 | BBG001SP7T00 | 9387376 | 131551 | SH |  | SOLE |  | 128553 | 2998 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 11130364 | 205435 | SH |  | SOLE |  | 203220 | 2215 | 0 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 | BBG001T62M38 | 1157812 | 13766 | SH |  | SOLE |  | 13766 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 | BBG001T62M38 | 161822 | 1924 | SH |  | DFND |  | 1924 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 | BBG001T62KZ7 | 246021 | 3078 | SH |  | SOLE |  | 3078 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | BBG001SSPWL4 | 412728 | 6888 | SH |  | DFND |  | 6888 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | BBG001SSPWL4 | 1154051 | 19260 | SH |  | SOLE |  | 19260 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 | BBG001SS0V24 | 220727 | 1566 | SH |  | SOLE |  | 1566 | 0 | 0 |
| VANGUARD WORLD FD | COMM SRVC ETF | 92204A884 | BBG001SHTV72 | 1367980 | 7287 | SH |  | SOLE |  | 7287 | 0 | 0 |
| VANGUARD WORLD FD | CONSUM DIS ETF | 92204A108 | BBG001SHVTQ3 | 1569499 | 3962 | SH |  | SOLE |  | 3962 | 0 | 0 |
| VANGUARD WORLD FD | CONSUM STP ETF | 92204A207 | BBG001SHVR41 | 743987 | 3481 | SH |  | SOLE |  | 3481 | 0 | 0 |
| VANGUARD WORLD FD | ENERGY ETF | 92204A306 | BBG001SHTV45 | 423637 | 3366 | SH |  | SOLE |  | 3366 | 0 | 0 |
| VANGUARD WORLD FD | FINANCIALS ETF | 92204A405 | BBG001SHTTM0 | 1863733 | 14201 | SH |  | SOLE |  | 14201 | 0 | 0 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 | BBG001SHVR32 | 1327276 | 5113 | SH |  | SOLE |  | 5113 | 0 | 0 |
| VANGUARD WORLD FD | INDUSTRIAL ETF | 92204A603 | BBG001SHVTX5 | 1216815 | 4107 | SH |  | SOLE |  | 4107 | 0 | 0 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 | BBG001SHTTR5 | 4792610 | 6419 | SH |  | SOLE |  | 6419 | 0 | 0 |
| VANGUARD WORLD FD | MATERIALS ETF | 92204A801 | BBG001SHTTP7 | 221446 | 1081 | SH |  | SOLE |  | 1081 | 0 | 0 |
| VANGUARD WORLD FD | UTILITIES ETF | 92204A876 | BBG001SHVTP4 | 352485 | 1861 | SH |  | SOLE |  | 1861 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 111970 | 328 | SH |  | DFND |  | 328 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 186390 | 546 | SH |  | SOLE |  | 546 | 0 | 0 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 49159 | 477 | SH |  | DFND |  | 477 | 0 | 0 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 181590 | 1762 | SH |  | SOLE |  | 1762 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 | BBG001S5XF23 | 14162 | 169 | SH |  | DFND |  | 169 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 | BBG001S5XF23 | 208599 | 2489 | SH |  | SOLE |  | 2489 | 0 | 0 |

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