GREENLEAF TRUST

Greenleaf Trust's $10.2B Q1 2026 13F is an institutional-grade, multi-layered portfolio in which one single stock — Stryker Corporation — dominates at 51.5% of assets. Beyond that anchor, the portfolio layers broad market ETF exposure across U.S. large-cap, mid-cap, small-cap, international, emerging markets, Treasury bonds, and CLO income. The quarter's activity was relatively modest: three small new stocks added (Exxon Mobil, Walmart, Home Depot), three positions sold (Adobe, Booking, an ultra-short-duration ETF), and a broad pattern of trimming megacap tech names while increasing income-oriented fixed-income and equity ETFs. The read-through is a trust that is not chasing the market's AI narrative, but is instead fortifying its core Stryker position and pushing toward dividends and yield.