Somerset Trust Co.
Somerset Trust Company, headquartered in Somerset, Pennsylvania, is a full-service community bank offering retail and commercial banking, trust, and investment management services. Founded over a century ago, the company serves families, businesses, organizations, and institutions across Pennsylvania with financial planning, retirement solutions, and wealth management. Somerset Trust Company maintains over $1.8 billion in assets and employs more than 475 people, emphasizing personal attention and long-term client relationships.
Investment Strategy
Somerset Trust Company's Trust & Investment Management division focuses on personalized financial planning and investment management for individuals, families, and businesses. Their approach leverages strategic asset allocation, active portfolio management, and a blend of traditional and alternative investments tailored to each client's needs and risk profile. The Trust Department has a history of adapting to evolving market conditions—for example, actively managing its balance sheet to benefit from rising interest rates and implementing strategic securities sales and reinvestments to improve returns over time. Their strategies are built for long-term growth and capital preservation.
Top Holdings
Equity Positions (178)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | MICROSOFT CORP COM | 5.33% | $17.3M | 33,336 | $67.64 | $517.95 | +$387.8K |
A AAPL | APPLE INC | 4.31% | $14.0M | 54,866 | $36.17 | $254.63 | +$2.7M |
J JPM | JPMORGAN CHASE & CO COM | 3.33% | $10.8M | 34,193 | $79.20 | $315.43 | +$749.7K |
W WMT | WAL MART INC COM | 2.45% | $7.9M | 76,887 | $34.56 | $103.06 | +$439.4K |
L LOW | LOWES COS INC COM | 2.36% | $7.7M | 30,453 | $76.74 | $251.31 | +$907.4K |