Trust Co. of Vermont
Trust Company of Vermont is Vermont's first independent trust and investment management firm, headquartered in Burlington, VT. Founded in 1999, it specializes in trust administration, estate planning, retirement planning, and investment management for individuals, families, and high-net-worth clients. The employee-owned firm emphasizes long-term relationships, transparency, and tailored solutions for its clients and currently employs about 34 people.
Investment Strategy
Trust Company of Vermont focuses on independent wealth management and fiduciary services, building diversified portfolios for clients with a disciplined investment approach. The firm prioritizes a comprehensive suite of investment options, transparent fee structures, and client alignment, aiming for long-term growth and risk management tailored to each client's unique financial situation. Most portfolios include both equities and fixed income, with a recent emphasis on large-cap U.S. stocks and ETFs. Their strategy is centered on personalized solutions for individuals, families, and institutional clients seeking financial security and growth.
Latest 13F Filing Activity
Trust Co. of Vermont filed their most recent 13F report on Sep 30, 2025 disclosing 1,075 equity positions with a total 13F market value of $2B. The fund increased holdings in Apple Inc., Alphabet Inc. Cap STK CL C, Nvidia Corporation among other positions. Trust Co. of Vermont reduced exposure to Adobe Inc., Accenture PLC Ireland, Costco Wholesale Corporation among others.
Top Holdings
Equity Positions (1,075)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AAPL | Apple Inc | 6.28% | $144.4M | 567,055 | $64.76 | $254.63 | +$28.0M |
M MSFT | Microsoft Corp | 5.27% | $121.0M | 233,639 | $169.12 | $517.95 | +$7.7M |
G GOOG | Alphabet Inc Cap Stk Cl C | 4.02% | $92.5M | 379,635 | $59.89 | $243.55 | +$25.3M |
A AMZN | Amazon Com Inc | 3.04% | $69.8M | 318,116 | $59.53 | $219.57 | +$658.4K |
J JPM | JP Morgan Chase & Co | 2.90% | $66.5M | 210,881 | $113.40 | $315.43 | +$5.2M |
Industry Allocation
Investment Team (6)
| Name | Role | Location | |
|---|---|---|---|
B Bonnie McLellan | VP and Senior Investment Officer | Rutland, VT , United States | |
C Chris Cassidy | Investment Officer | Burlington, VT , United States | |
 | Principal and Portfolio Manager | Saint Albans City, VT , United States | |
 | Investment Officer | Brattleboro, VT , United States | |
 | Chief Investment Officer | Burlington, IA , United States | |
 | Portfolio Manager | Essex, VT , United States |