Washington Trust Bank
Washington Trust Bank, founded in 1902, is the oldest and largest privately held commercial bank in the Pacific Northwest. Headquartered in Spokane, WA, it operates more than 40 branches and offices throughout Washington, Idaho, and Oregon. The bank offers comprehensive financial services including personal and commercial banking, private banking, wealth management, trust services, and investment advisory. Washington Trust Bank employs over 1,000 people and is wholly owned by W.T.B. Financial Corporation. It serves individuals, businesses, charities, and family offices with a strong focus on bespoke service and regional expertise.
Investment Strategy
Washington Trust Bank's investment strategy emphasizes unbiased and active investment decisions, prudent asset allocation, and diversification. The firm develops personalized, goals-based portfolios for each client, built around a detailed understanding of their financial objectives. The approach is fundamentally driven, complemented by quantitative analysis, and includes the selection of 'best-of-class' external managers for certain asset classes. Risk management is central, ensuring a balance between return and capital preservation. Portfolios are continuously monitored and adjusted to adapt to client needs and market conditions, with a focus on long-term, consistent results.
Top Holdings
Equity Positions (195)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
P PCAR | PACCAR INC | 6.08% | $72.2M | 759,564 | $42.89 | $95.06 | -$1.8M |
M MSFT | MICROSOFT CORP | 6.05% | $71.8M | 144,321 | $192.47 | $497.41 | +$31.5M |
A AAPL | APPLE INC | 4.74% | $56.2M | 274,073 | $100.16 | $205.17 | +$17.3M |
N NVDA | NVIDIA CORPORATION | 4.51% | $53.5M | 338,694 | $84.99 | $157.99 | +$30.3M |
D DFAS | DIMENSIONAL ETF TRUST | 4.23% | $50.2M | 788,022 | $63.71 | $63.71 | +$50.2M |