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Zions Bancorporation, National Association /ut/

CIK:0000109380
Bank
$89B AUM
863 holdings
Salt Lake City, UT, United States
Founded:1873
9,900 employees
Latest filing:Jun 30, 2025

Zions Bancorporation, National Association is a premier national bank headquartered in Salt Lake City, Utah, founded in 1873. The firm operates under local management and distinct brands in 11 western states, with over $89 billion in total assets and approximately $3.1 billion annual revenue as of December 2024. It employs around 9,900 people and serves businesses, households, and local governments, specializing in small business lending and public finance, and is publicly traded on NASDAQ (ZION). Recognized for excellence in small business and middle market banking, the company emphasizes a community-focused, locally oriented operating model.

Investment Strategy

Zions Bancorporation focuses on relationship-driven banking and financial services, primarily serving businesses, households, and governments in the western United States. The bank maintains a community-centric approach by operating locally branded institutions, empowering autonomous management teams in each region to respond to local market needs. Its investment philosophy centers on supporting economic growth through small business lending, public finance advisory, and providing a comprehensive suite of banking products. The company prioritizes building long-term client relationships and facilitating local economic development, reflected in its recognition for excellence in small business and middle market banking.

Top Buys
V
VWOVanguard FTSE Emerging Markets
+$54.2M
I
IWNiShares Russell 2000 Value ETF
+$40.9M
I
IJHiShares Core S&P Mid-Cap ETF
+$34.0M
V
VEUVanguard FTSE All-World Ex-US
+$32.7M
I
IVViShares Core S&P 500 ETF
+$20.4M
Top Sells
I
IWSiShares Russell Mid-Cap Value
-$23.8M
B
BMYBristol-Myers Squibb Co.
-$10.1M
P
PMPhilip Morris International
-$5.2M
U
UNHUnited Health Group Inc
-$5.1M
E
ETREntergy Corp.
-$4.7M

Top Holdings

I
IVViShares Core S&P 500 ETF
+9.4%$174.7M
I
IWSiShares Russell Mid-Cap Value
+6.9%$127.9M
V
VTIVanguard Total Stock Market ET
+5.8%$108.3M
I
IWPiShares Russell Mid-Cap Growth
+3.7%$68.8M
I
IJHiShares Core S&P Mid-Cap ETF
+3.3%$61.4M

Equity Positions (854)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
I
IVV
iShares Core S&P 500 ETF9.38%$174.7M281,433$563.31$620.90+$20.4M
I
IWS
iShares Russell Mid-Cap Value6.87%$127.9M968,256$125.97$132.14-$23.8M
V
VTI
Vanguard Total Stock Market ET5.81%$108.3M356,258$274.87$303.93+$10.5M
I
IWP
iShares Russell Mid-Cap Growth3.69%$68.8M496,003$117.49$138.68+$9.6M
I
IJH
iShares Core S&P Mid-Cap ETF3.30%$61.4M990,502$60.28$62.02+$34.0M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+5.0%
SEMICONDUCTORS & RELATED DEVICES
+4.1%
PHARMACEUTICAL PREPARATIONS
+3.7%
SERVICES-BUSINESS SERVICES, NEC
+3.0%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+2.5%