Advisors Management Group Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 4, 2026), Advisors Management Group Inc. reported 159 stock positions worth $603.6 million. Its top holding was Janus Henderson Aaa Clo ETF (JAAA) at 16.5% of the portfolio, followed by Intel (INTC, 4.4%) and Micron Technology (MU, 4.3%). Compared with Q1 2026, it opened 6 new positions, sold out of 6, added to 33 and reduced 99. The biggest buy was Palo Alto Networks (PANW, shares +1%) and the biggest sale Merck (MRK, shares −95%).

Most Recent 13F
Q2 2026
Location
LA CROSSE, WI
CIK
0000842766
Portfolio Value
$603.6M (Q2 2026)
SEC Filing
0000842766-26-000004 ↗ filed Aug 4, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $402.8M Q1 2024 Q2 2024: $400.2M Q2 2024 Q3 2024: $423.3M Q3 2024 Q4 2024: $422.7M Q4 2024 Q1 2025: $459.7M Q1 2025 Q2 2025: $531.2M Q2 2025 Q3 2025: $569.8M Q3 2025 Q4 2025: $549.5M Q4 2025 Q1 2026: $548.5M Q1 2026 Q2 2026: $603.6M $603.6M Q2 2026

Holdings 159 stocks · $603.6M
JAAA Janus Henderson Aaa Clo ETF 16.47% 1,968,855 $99.4M Add +2.7%
INTC Intel Corp. 4.39% 189,709 $26.5M Reduce -3.1%
MU Micron Technology Inc. 4.28% 22,371 $25.8M Reduce -29.0%
NVDA Nvidia Corp. 3.29% 99,177 $19.8M Reduce -2.3%
ETR Entergy Corp. 3.21% 168,778 $19.4M Reduce -3.5%
JEPI JPMorgan Equity Premium Inco 2.60% 277,689 $15.7M Add +0.1%
SGOL Abrdn Physical Gold Shares 2.58% 406,785 $15.6M Reduce -0.4%
POWL Powell Industries Inc. 2.49% 52,530 $15.0M Reduce -4.7%
AMD Advanced Micro Devices 2.31% 24,010 $13.9M Reduce -6.5%
SO The Southern Co. 2.22% 139,926 $13.4M Reduce -3.9%
GOOGL Alphabet Inc. Class A 2.17% 36,651 $13.1M Add +0.5%
MLPA Global X MLP ETF 1.92% 218,447 $11.6M Add +0.0%
FE Firstenergy Corp. 1.84% 234,158 $11.1M Reduce -2.5%
TTE Totalenergies SE 1.77% 137,744 $10.7M Add +0.6%
AMZN Amazon.com Inc. 1.73% 43,766 $10.4M Add +1.5%
CSCO Cisco Systems Inc. 1.68% 86,380 $10.1M Reduce -5.6%
DUK Duke Energy Corp. 1.61% 76,759 $9.7M Reduce -5.1%
WELL Welltower Inc. 1.55% 41,264 $9.4M Reduce -1.9%
PANW Palo Alto Networks Inc. 1.45% 25,667 $8.8M Add +1.2%
AAPL Apple Inc. 1.43% 29,921 $8.7M Reduce -7.9%
ENB Enbridge Inc. 1.35% 150,549 $8.2M Reduce -1.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.28% 27,571 $7.8M Reduce -10.7%
O Realty Income Corp. 1.18% 114,567 $7.1M Reduce -1.1%
MLI Mueller Industries Inc. 1.03% 50,626 $6.2M Reduce -3.0%
GE General Electric filed as GE AEROSPACE 0.96% 15,477 $5.8M Add +0.2%
JNJ Johnson & Johnson 0.93% 22,144 $5.6M Reduce -3.4%
QQQ Invesco QQQ Trust Series 1 0.92% 7,526 $5.5M Reduce -0.3%
LAMR Lamar Advertising Co. Class A 0.88% 34,213 $5.3M Reduce -0.6%
VWO Vanguard Ftse Emerging Marke 0.87% 88,169 $5.3M Reduce -0.7%
CVX Chevron Corp. 0.86% 31,276 $5.2M Reduce -0.4%
OKE Oneok Inc. 0.85% 59,069 $5.1M Reduce -0.5%
VZ Verizon Communications Inc. 0.83% 117,687 $5.0M Reduce -1.7%
EMR Emerson Electric Co. 0.82% 34,533 $4.9M Reduce -8.9%
JPM JPMorgan Chase & Co. 0.80% 14,787 $4.8M Reduce -1.0%
AEP American Electric Power 0.79% 34,682 $4.7M Reduce -9.0%
MSFT Microsoft Corp. 0.73% 11,811 $4.4M Reduce -7.7%
SCHX Schwab US Large-Cap ETF 0.69% 142,167 $4.2M Add +0.0%
SMH Vaneck Semiconductor ETF 0.69% 6,350 $4.2M Reduce -0.3%
MDT Medtronic PLC 0.68% 52,512 $4.1M Add +18.2%
AMAT Applied Materials Inc. 0.66% 5,480 $4.0M Reduce -17.5%
VTR Ventas Inc. 0.65% 44,510 $4.0M Reduce -1.8%
CAT Caterpillar Inc. 0.65% 3,705 $3.9M Reduce -5.3%
GEV GE Vernova Inc. 0.65% 3,352 $3.9M Add +5.1%
SCHD Schwab US DVD Equity ETF 0.61% 116,658 $3.7M Reduce -0.4%
AVGO Broadcom Inc. 0.60% 9,580 $3.6M Reduce -9.6%
VTI VG Morningstar TS MKT ETF-US 0.59% 9,606 $3.6M Reduce -0.5%
VXUS Vanguard Total Intl Stock 0.58% 40,805 $3.5M Reduce -0.4%
WM Waste Management Inc. 0.56% 15,079 $3.4M Reduce -6.3%
DELL Dell Technologies -C 0.55% 7,688 $3.3M Reduce -20.2%
VGK Vanguard Ftse Europe ETF 0.55% 37,365 $3.3M Reduce -0.4%
OKTA Okta Inc. 0.52% 23,027 $3.1M Reduce -5.5%
C Citigroup Inc. 0.51% 22,079 $3.1M Reduce -0.6%
MRVL Marvell Technology Inc. 0.47% 9,622 $2.9M Reduce -8.1%
XOM Exxonmobil Holdings Corp. 0.44% 19,467 $2.7M Reduce -0.7%
IWM iShares Russell 2000 ETF 0.42% 8,483 $2.5M Reduce -0.3%
D Dominion Energy Inc. 0.40% 35,428 $2.4M Reduce -13.7%
XLE SS Energy Select Sector 0.40% 45,391 $2.4M Reduce -0.1%
IDU iShares US Utilities ETF 0.40% 20,986 $2.4M Add +0.0%
SHEL Shell PLC-ADR 0.38% 29,372 $2.3M Reduce -1.3%
JCI Johnson Controls Internation 0.37% 15,482 $2.3M Reduce -13.3%
EWY iShares MSCI South Korea ETF 0.36% 10,796 $2.2M Reduce -0.4%
XLV SS Health Care Select Sector 0.33% 12,700 $2.0M Reduce -0.4%
PG The Procter & Gamble Co. 0.32% 13,054 $1.9M Reduce -8.9%
DE Deere & Co. 0.30% 2,871 $1.8M Reduce -12.5%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C 0.28% 19,584 $1.7M Reduce -0.6%
BRK.B Berkshire Hathaway Inc. Class B 0.28% 3,387 $1.7M Add +0.6%
INDA iShares MSCI India ETF 0.26% 31,771 $1.6M Reduce -0.4%
EWZ iShares MSCI Brazil ETF 0.25% 43,139 $1.5M Reduce -0.5%
KO The Coca-Cola Co. 0.24% 18,022 $1.5M Reduce -10.2%
SPDW Ste STR SPDR PT DW Eu ETF 0.23% 27,764 $1.4M Add +0.1%
XLF SS Financial Select Sector 0.22% 24,992 $1.3M Add +0.3%
MMM 3M Co. 0.21% 7,752 $1.3M Reduce -14.6%
IXUS iShares Core Intl Stock ETF 0.21% 13,095 $1.2M Add +0.3%
ADBE Adobe Inc. 0.21% 6,042 $1.2M Reduce -26.7%
RSP Invesco S&P 500 Equal Weight 0.20% 5,791 $1.2M Add +1.6%
NGG National Grid PLC-SP ADR 0.19% 14,167 $1.2M Reduce -3.5%
BUG Global X Cybersecurity ETF 0.19% 30,385 $1.2M Add +0.6%
CHD Church & Dwight Co. Inc. 0.18% 11,205 $1.1M No change
QCOM Qualcomm Inc. 0.18% 5,818 $1.1M Reduce -23.7%
HON Honeywell International Inc. 0.17% 4,545 $1.0M Reduce -27.1%
HONA Honeywell Aerospace Inc. 0.17% 4,550 $1.0M Reduce -27.0%
PEG Public Service Enterprise GP 0.17% 12,302 $998K Add +26.3%
VOX Vanguard Communication Servi 0.16% 5,363 $986K Add +0.7%
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.16% 1,826 $953K Add +2.3%
KMI Kinder Morgan Inc. 0.15% 27,887 $891K Add +0.1%
WMT Walmart Inc. 0.14% 7,650 $866K No change
NUE Nucor Corp. 0.14% 3,778 $841K Reduce -1.1%
GMED Globus Medical Inc. Class A 0.14% 10,469 $827K New
COF Capital One Financial Corp. 0.13% 3,878 $778K Add +33.3%
UNP Union Pacific Corp. 0.12% 2,752 $748K Add +0.4%
EOG EOG Resources Inc. 0.12% 5,744 $745K Add +39.6%
UPS United Parcel Service Class B 0.12% 6,850 $736K Reduce -1.7%
SNDK Sandisk Corp. 0.12% 320 $727K Reduce -3.9%
WEC WEC Energy Group Inc. 0.12% 6,024 $703K Add +0.3%
XEL Xcel Energy Inc. 0.12% 8,713 $699K Reduce -11.2%
J Jacobs Solutions Inc. 0.11% 5,460 $687K Reduce -0.2%
FAST Fastenal Co. 0.11% 13,356 $641K Reduce -1.9%
TT Trane Technologies PLC 0.10% 1,284 $630K No change
VOO Vanguard S&P 500 ETF 0.10% 914 $627K Reduce -0.1%
WFC Wells Fargo & Co. 0.10% 7,551 $624K Reduce -10.5%

Show all 159 holdings

Portfolio Sells Q1 2026 → Q2 2026
MRK Merck & Co. Inc. Reduce -95.0% 0.05% −1.07
SGOL Abrdn Physical Gold Shares Reduce -0.4% 2.58% −0.74
PFE Pfizer Inc. Sold out 0.00% −0.60
VVR Invesco Senior Income Trust Sold out 0.00% −0.58
GSK GSK PLC-Spon ADR Reduce -92.2% 0.04% −0.56
GILD Gilead Sciences Inc. Reduce -88.9% 0.05% −0.52
FE Firstenergy Corp. Reduce -2.5% 1.84% −0.37
ETR Entergy Corp. Reduce -3.5% 3.21% −0.37
HON Honeywell International Inc. Reduce -27.1% 0.17% −0.35
SO The Southern Co. Reduce -3.9% 2.22% −0.34
CVX Chevron Corp. Reduce -0.4% 0.86% −0.33
DUK Duke Energy Corp. Reduce -5.1% 1.61% −0.32
NVS Novartis AG-Sponsored ADR Reduce -82.8% 0.06% −0.29
VZ Verizon Communications Inc. Reduce -1.7% 0.83% −0.27
SMIN iShares MSCI India Small-Cap Sold out 0.00% −0.23
XOM Exxonmobil Holdings Corp. Reduce -0.7% 0.44% −0.17
ADBE Adobe Inc. Reduce -26.7% 0.21% −0.16
ENB Enbridge Inc. Reduce -1.4% 1.35% −0.16
MSFT Microsoft Corp. Reduce -7.7% 0.73% −0.13
OKE Oneok Inc. Reduce -0.5% 0.85% −0.13
SHEL Shell PLC-ADR Reduce -1.3% 0.38% −0.13
AEP American Electric Power Reduce -9.0% 0.79% −0.13
WM Waste Management Inc. Reduce -6.3% 0.56% −0.12
O Realty Income Corp. Reduce -1.1% 1.18% −0.12
XLE SS Energy Select Sector Reduce -0.1% 0.40% −0.11
JNJ Johnson & Johnson Reduce -3.4% 0.93% −0.09
EMR Emerson Electric Co. Reduce -8.9% 0.82% −0.09
HONA Honeywell Aerospace Inc. Reduce -27.0% 0.17% −0.08
IBM Intl Business Machines Corp. Reduce -10.7% 1.28% −0.08
AAPL Apple Inc. Reduce -7.9% 1.43% −0.07
D Dominion Energy Inc. Reduce -13.7% 0.40% −0.06
PG The Procter & Gamble Co. Reduce -8.9% 0.32% −0.06
VHT Vanguard Health Care ETF Sold out 0.00% −0.06
EWZ iShares MSCI Brazil ETF Reduce -0.5% 0.25% −0.06
JCI Johnson Controls Internation Reduce -13.3% 0.37% −0.05
AMGN Amgen Inc. Sold out 0.00% −0.05
SCHD Schwab US DVD Equity ETF Reduce -0.4% 0.61% −0.04
KMB Kimberly-Clark Corp. Sold out 0.00% −0.04
T AT&T Inc. Reduce -4.7% 0.06% −0.04
KO The Coca-Cola Co. Reduce -10.2% 0.24% −0.04
DE Deere & Co. Reduce -12.5% 0.30% −0.04
MMM 3M Co. Reduce -14.6% 0.21% −0.03
NGG National Grid PLC-SP ADR Reduce -3.5% 0.19% −0.03
XEL Xcel Energy Inc. Reduce -11.2% 0.12% −0.03
EMN Eastman Chemical Co. Reduce -1.7% 0.09% −0.02
MLI Mueller Industries Inc. Reduce -3.0% 1.03% −0.02
VTR Ventas Inc. Reduce -1.8% 0.65% −0.02
WFC Wells Fargo & Co. Reduce -10.5% 0.10% −0.02
PEP Pepsico Inc. Reduce -1.7% 0.07% −0.02
VGK Vanguard Ftse Europe ETF Reduce -0.4% 0.55% −0.02

Portfolio Buys Q1 2026 → Q2 2026
PANW Palo Alto Networks Inc. Add +1.2% 1.45% +0.71
GOOGL Alphabet Inc. Class A Add +0.5% 2.17% +0.26
GE General Electric Add +0.2% 0.96% +0.16
GEV GE Vernova Inc. Add +5.1% 0.65% +0.15
GMED Globus Medical Inc. Class A New 0.14% +0.14
AMZN Amazon.com Inc. Add +1.5% 1.73% +0.09
MGK Vngrd Mrgstr MG CP GR ETF-Ui New 0.06% +0.06
BUG Global X Cybersecurity ETF Add +0.6% 0.19% +0.05
COHR Coherent Corp. New 0.04% +0.04
LRCX Lam Research Corp. New 0.04% +0.04
SYY Sysco Corp. New 0.04% +0.04
GS Goldman Sachs Group Inc. New 0.03% +0.03
COF Capital One Financial Corp. Add +33.3% 0.13% +0.03
SCHX Schwab US Large-Cap ETF Add +0.0% 0.69% +0.03
PEG Public Service Enterprise GP Add +26.3% 0.17% +0.02
EOG EOG Resources Inc. Add +39.6% 0.12% +0.02
IVV iShares Core S&P 500 ETF Add +6.8% 0.09% +0.01
DIA SS SPDR Dow Jones Indus Avg Add +2.3% 0.16% +0.01
RSP Invesco S&P 500 Equal Weight Add +1.6% 0.20% +0.00
UNP Union Pacific Corp. Add +0.4% 0.12% +0.00
SPDW Ste STR SPDR PT DW Eu ETF Add +0.1% 0.23% +0.00
IXUS iShares Core Intl Stock ETF Add +0.3% 0.21% +0.00
XLF SS Financial Select Sector Add +0.3% 0.22% −0.00
PFFD Global X US Preferred ETF Add +0.7% 0.04% −0.00
PFF iShares Preferred & Income S Add +0.5% 0.04% −0.00
HII Huntington Ingalls Industrie Add +38.5% 0.08% −0.01
WEC WEC Energy Group Inc. Add +0.3% 0.12% −0.01
MCD McDonald's Corp. Add +0.3% 0.04% −0.01
VOX Vanguard Communication Servi Add +0.7% 0.16% −0.01
BRK.B Berkshire Hathaway Inc. Class B Add +0.6% 0.28% −0.01
ISRG Intuitive Surgical Inc. Add +1.5% 0.08% −0.02
MDT Medtronic PLC Add +18.2% 0.68% −0.02
BP BP PLC-Spons ADR Add +0.3% 0.06% −0.02
KMI Kinder Morgan Inc. Add +0.1% 0.15% −0.02
IDU iShares US Utilities ETF Add +0.0% 0.40% −0.05
MLPA Global X MLP ETF Add +0.0% 1.92% −0.22
JEPI JPMorgan Equity Premium Inco Add +0.1% 2.60% −0.27
TTE Totalenergies SE Add +0.6% 1.77% −0.50
JAAA Janus Henderson Aaa Clo ETF Add +2.7% 16.47% −1.13

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 159$603.6MJAAA, INTC, MU, NVDA, ETR
Q1 2026 158$548.5MJAAA, ETR, SGOL, NVDA, JEPI
Q4 2025 160$549.5MJAAA, NVDA, SGOL, JEPI, ETR
Q3 2025 155$569.8MJAAA, NVDA, JEPI, ETR, SGOL
Q2 2025 150$531.2MJAAA, NVDA, JEPI, ETR, SGOL
Q1 2025 150$459.7MJAAA, ETR, JEPI, SGOL, MLPA
Q4 2024 153$422.7MPFFD, PFF, PGX, NVDA, ETR
Q3 2024 153$423.3MPFFD, PFF, PGX, NVDA, SGOL
Q2 2024 158$400.2MPFFD, PFF, PGX, NVDA, MLPA
Q1 2024 163$402.8MPFF, PFFD, PGX, MLPA, INTC