Advisors Management Group Inc.

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q2 2024Q1 2024

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 31, 2024), Advisors Management Group Inc. reported 153 stock positions worth $423.3 million. Its top holding was Global X US Preferred ETF (PFFD) at 4.9% of the portfolio, followed by iShares Preferred & Income S (PFF, 3.7%) and Invesco Preferred ETF (PGX, 3.6%). Compared with Q2 2024, it opened 8 new positions, sold out of 14, added to 75 and reduced 46. The biggest buy was a new position in Powell Industries (POWL) and the biggest sale an exit from CVS Health (CVS).

Most Recent 13F: Q2 2026
Location: LA CROSSE, WI
CIK: 0000842766
Portfolio Value: $423.3M (Q3 2024)
SEC Filing: 0000842766-24-000005 ↗ filed Oct 31, 2024

Holdings Value

Holdings 153 stocks · $423.3M


PFFD Global X US Preferred ETF	4.94%	1,005,790	$20.9M	Add +2.1%
PFF iShares Preferred & Income S	3.73%	475,688	$15.8M	Add +4.0%
PGX Invesco Preferred ETF	3.62%	1,240,990	$15.3M	Add +2.8%
NVDA Nvidia Corp.	2.93%	102,152	$12.4M	Add +4.8%
SGOL Abrdn Physical Gold Shares	2.89%	487,481	$12.3M	Reduce -0.5%
ETR Entergy Corp.	2.88%	92,621	$12.2M	Add +0.9%
MLPA Global X MLP ETF	2.66%	234,459	$11.2M	Add +0.6%
FE Firstenergy Corp.	2.51%	240,011	$10.6M	Reduce -0.2%
AAPL Apple Inc.	2.44%	44,256	$10.3M	Reduce -0.8%
TTE Totalenergies SE -Spon ADR	2.25%	147,606	$9.5M	Add +1.1%
VZ Verizon Communications Inc.	2.21%	208,566	$9.4M	Add +0.1%
SO The Southern Co.	2.15%	100,735	$9.1M	Reduce -0.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	2.13%	40,695	$9.0M	Add +0.9%
T AT&T Inc.	2.06%	396,746	$8.7M	Reduce -0.9%
MSFT Microsoft Corp.	1.84%	18,126	$7.8M	Add +0.5%
ENB Enbridge Inc.	1.83%	190,441	$7.7M	Reduce -0.1%
O Realty Income Corp.	1.78%	119,073	$7.6M	Add +0.1%
WELL Welltower Inc.	1.67%	55,292	$7.1M	Reduce -0.3%
CSCO Cisco Systems Inc.	1.62%	129,217	$6.9M	Add +0.5%
IWM iShares Russell 2000 ETF	1.54%	29,604	$6.5M	Add +0.9%
LAMR Lamar Advertising Co. Class A	1.47%	46,574	$6.2M	Reduce -0.3%
AMD Advanced Micro Devices	1.43%	36,951	$6.1M	Add +21.4%
EMR Emerson Electric Co.	1.39%	53,618	$5.9M	Reduce -0.5%
INTC Intel Corp.	1.37%	247,701	$5.8M	Reduce -1.5%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE	1.30%	13,031	$5.5M	Add +1.2%
PFE Pfizer Inc.	1.30%	189,479	$5.5M	Add +2.2%
GOOGL Alphabet Inc. Class A	1.26%	32,204	$5.3M	Add +30.0%
HON Honeywell International Inc.	1.24%	25,317	$5.2M	Add +10.1%
VTR Ventas Inc.	1.21%	80,140	$5.1M	Reduce -0.4%
PG The Procter & Gamble Co.	1.15%	27,988	$4.8M	Reduce -1.1%
JPM JPMorgan Chase & Co.	1.14%	22,978	$4.8M	Add +0.4%
JNJ Johnson & Johnson	1.12%	29,135	$4.7M	Reduce -0.1%
VVR Invesco Senior Income Trust	1.09%	1,133,582	$4.6M	Add +3.7%
AEP American Electric Power	1.06%	43,608	$4.5M	Reduce -0.1%
MU Micron Technology Inc.	1.03%	41,880	$4.3M	Add +135.7%
MDT Medtronic PLC	0.95%	44,833	$4.0M	Add +2.4%
WM Waste Management Inc.	0.94%	19,177	$4.0M	Reduce -0.4%
QCOM Qualcomm Inc.	0.93%	23,209	$3.9M	Reduce -0.8%
AMZN Amazon.com Inc.	0.93%	21,102	$3.9M	Add +20.1%
POWL Powell Industries Inc.	0.88%	16,851	$3.7M	New
GSK GSK PLC-Spon ADR	0.83%	86,271	$3.5M	Add +4.6%
GE General Electric filed as GE AEROSPACE	0.80%	17,939	$3.4M	Reduce -0.8%
LYG Lloyds Banking Group PLC-ADR	0.78%	1,056,774	$3.3M	Reduce -0.4%
DUK Duke Energy Corp.	0.77%	28,277	$3.3M	Add +0.3%
CVX Chevron Corp.	0.75%	21,512	$3.2M	Add +0.2%
XOM Exxon Mobil Corp.	0.73%	26,218	$3.1M	Add +5.4%
D Dominion Energy Inc.	0.71%	51,844	$3.0M	Add +0.3%
GILD Gilead Sciences Inc.	0.68%	34,134	$2.9M	Reduce -0.5%
QQQ Invesco QQQ Trust Series 1	0.67%	5,815	$2.8M	Add +3.0%
SCHX Schwab US Large-Cap ETF	0.67%	41,482	$2.8M	Add +1.6%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX	0.65%	50,716	$2.8M	Add +5.5%
ADM Archer-Daniels-Midland Co.	0.65%	45,734	$2.7M	Reduce -0.4%
SCHD Schwab US DVD Equity ETF	0.64%	31,817	$2.7M	Add +2.2%
SHEL Shell PLC-ADR	0.61%	39,194	$2.6M	Reduce -0.7%
KO The Coca-Cola Co.	0.60%	35,214	$2.5M	Add +0.3%
MRK Merck & Co. Inc.	0.59%	22,039	$2.5M	Add +0.3%
JCI Johnson Controls Internation	0.56%	30,600	$2.4M	Add +1.4%
VTI VG Morningstar TS MKT ETF-US	0.54%	8,072	$2.3M	Add +3.1%
CAT Caterpillar Inc.	0.52%	5,592	$2.2M	Reduce -1.3%
DOC Healthpeak Properties Inc.	0.51%	94,194	$2.2M	Add +0.2%
DELL Dell Technologies -C	0.51%	18,071	$2.1M	New
MMM 3M Co.	0.48%	14,935	$2.0M	Reduce -0.2%
NVS Novartis AG-Sponsored ADR	0.47%	17,209	$2.0M	Reduce -0.2%
IDU iShares US Utilities ETF	0.46%	19,022	$1.9M	Add +2.3%
C Citigroup Inc.	0.44%	29,982	$1.9M	Add +6.2%
MRVL Marvell Technology Inc.	0.43%	25,204	$1.8M	Reduce -0.0%
PANW Palo Alto Networks Inc.	0.42%	5,220	$1.8M	Add +0.1%
MLI Mueller Industries Inc.	0.42%	24,042	$1.8M	Add +12.5%
XLE SS Energy Select Sector	0.39%	18,836	$1.7M	Add +0.3%
BRK.B Berkshire Hathaway Inc. Class B	0.38%	3,516	$1.6M	Add +1.4%
XLV SS Health Care Select Sector	0.33%	9,190	$1.4M	Add +5.5%
DE Deere & Co.	0.32%	3,204	$1.3M	Reduce -0.2%
CHD Church & Dwight Co. Inc.	0.28%	11,206	$1.2M	No change
DLR Digital Realty Trust Inc.	0.28%	7,216	$1.2M	Reduce -0.8%
GEV GE Vernova Inc.	0.26%	4,264	$1.1M	Reduce -0.7%
NGG National Grid PLC-SP ADR	0.25%	15,371	$1.1M	Add +0.2%
XLF SS Financial Select Sector	0.24%	22,643	$1.0M	Add +4.2%
SPDW Ste STR SPDR PT DW Eu ETF	0.23%	25,385	$953K	Add +2.0%
IXUS iShares Core Intl Stock ETF	0.22%	12,903	$937K	Add +15.9%
KMI Kinder Morgan Inc.	0.21%	41,187	$910K	Reduce -0.1%
J Jacobs Solutions Inc.	0.21%	6,942	$909K	Reduce -1.6%
AVGO Broadcom Inc.	0.21%	5,206	$898K	New
OKTA Okta Inc.	0.21%	11,758	$874K	Add +32.3%
SMIN iShares MSCI India Small-Cap	0.20%	9,747	$838K	Add +3.1%
BUG Global X Cybersecurity ETF	0.19%	26,552	$822K	Add +4.3%
SMH Vaneck Semiconductor ETF	0.19%	3,289	$807K	Add +75.2%
OKE Oneok Inc.	0.18%	8,558	$780K	Add +5.8%
XEL Xcel Energy Inc.	0.18%	11,656	$761K	Add +0.4%
WMT Walmart Inc.	0.18%	9,240	$746K	Reduce -0.8%
UPS United Parcel Service Class B	0.16%	4,831	$659K	Reduce -0.0%
UNP Union Pacific Corp.	0.15%	2,651	$653K	Add +0.5%
FAST Fastenal Co.	0.15%	8,900	$636K	Reduce -5.0%
WEC WEC Energy Group Inc.	0.15%	6,492	$624K	Add +0.3%
EMN Eastman Chemical Co.	0.15%	5,569	$623K	Add +77.3%
QYLD Global X Nasd 100 Cov Call	0.14%	33,257	$600K	Add +2.9%
VOX Vanguard Communication Servi	0.14%	4,011	$583K	Add +0.5%
JEPI JPMorgan Equity Premium Inco	0.14%	9,670	$575K	Add +22.4%
GEHC GE Healthcare Technology	0.13%	5,683	$533K	Reduce -0.8%
EPD Enterprise Products Partners	0.12%	17,539	$511K	Add +0.1%
GOOG Alphabet Inc. Class C	0.12%	2,994	$501K	Add +1.7%
TT Trane Technologies PLC	0.12%	1,284	$499K	Reduce -14.5%
WFC Wells Fargo & Co.	0.12%	8,753	$494K	No change
KMB Kimberly-Clark Corp.	0.11%	3,275	$466K	Add +31.5%
RSP Invesco S&P 500 Equal Weight	0.10%	2,439	$437K	Add +40.0%
IYH iShares U.S. Healthcare ETF	0.10%	6,705	$436K	No change
SWK Stanley Black & Decker Inc.	0.10%	3,820	$421K	Add +3.2%
XYLD Global X S&P 500 Cove Call E	0.10%	9,917	$412K	Add +23.9%
USB US Bancorp	0.10%	8,933	$409K	No change
EOG EOG Resources Inc.	0.09%	3,252	$400K	Add +7.0%
V Visa Inc. Class A	0.09%	1,443	$397K	Reduce -0.5%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL	0.09%	3,309	$393K	No change
STT State Street Corp.	0.09%	4,430	$392K	Reduce -0.8%
TSLA Tesla Inc.	0.09%	1,442	$377K	Reduce -4.6%
VHT Vanguard Health Care ETF	0.09%	1,324	$374K	No change
CCI Crown Castle Inc.	0.09%	3,108	$369K	Reduce -1.4%
AZN Astrazeneca PLC-Spons ADR	0.09%	4,696	$366K	No change
BMY Bristol-Myers Squibb Co.	0.09%	7,009	$363K	Add +0.0%
AXP American Express Co.	0.08%	1,320	$358K	Reduce -1.4%
FINX Global X Fintech ETF	0.08%	11,961	$335K	Add +0.3%
IJJ iShares S&P Mid-Cap 400 Valu	0.08%	2,670	$330K	No change
PAVE Global X US Infrastructure	0.08%	8,002	$329K	Reduce -5.7%
CAG Conagra Brands Inc.	0.08%	10,043	$327K	No change
SPY SS SPDR S&P 500 ETF Trust-US	0.08%	567	$325K	Reduce -0.5%
AMT American Tower Corp.	0.07%	1,325	$308K	Reduce -2.3%
HSY The Hershey Co.	0.07%	1,600	$307K	No change
GNRC Generac Holdings Inc.	0.07%	1,903	$302K	No change
TRV The Travelers Cos Inc.	0.07%	1,248	$292K	No change
BP BP PLC-Spons ADR	0.07%	9,283	$291K	Reduce -0.8%
NUE Nucor Corp.	0.07%	1,876	$282K	New
MCD McDonald's Corp.	0.07%	920	$280K	Add +0.1%
DFUS Dimensional US Eq MKT ETF	0.06%	4,392	$273K	No change
SMCI Super Micro Computer Inc.	0.06%	656	$273K	Add +3.5%
IYW iShares Ustechnology ETF	0.06%	1,792	$272K	No change
IYC iShares US Consumer Discreti	0.06%	2,931	$258K	Add +5.0%
AMGN Amgen Inc.	0.06%	778	$251K	Add +3.6%
IJK iShares S&P Mid-Cap 400 Grow	0.06%	2,672	$246K	No change
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.06%	2,532	$244K	Add +0.1%
JBHT Hunt (jb) Transprt SVCS Inc.	0.06%	1,400	$241K	No change
META Meta Platforms Inc. Class A	0.06%	412	$236K	Reduce -4.6%
AMTM Amentum Holdings Inc.	0.05%	7,052	$227K	No change
PEP Pepsico Inc.	0.05%	1,308	$222K	New
NTRS Northern Trust Corp.	0.05%	2,440	$220K	No change
SYY Sysco Corp.	0.05%	2,797	$218K	New
NSC Norfolk Southern Corp.	0.05%	867	$215K	New
ABBV Abbvie Inc.	0.05%	1,058	$209K	New
SEOAY Stora Enso Oyj-Spons ADR	0.05%	14,997	$192K	No change
F Ford Motor Co. filed as FORD MTR CO	0.03%	10,893	$115K	Reduce -0.7%
SOFI Sofi Technologies Inc.	0.02%	10,651	$84K	No change
WRN Western Copper and Gold Corp.	0.01%	42,317	$51K	Add +0.1%
NWBO Northwest Biotherapeutics filed as NW Biotherapeutics	0.00%	10,270	$3K	No change
ADGO Advantego Corp.	0.00%	330,000	$0	No change
HCMC Healthier Choices Management	0.00%	25,000	$0	No change
PTLKF Lippo Karawaci TBK PT filed as PT Lippo Karawaci Tbk	0.00%	37,000	$0	No change

Portfolio Sells Q2 2024 → Q3 2024


CVS CVS Health Corp.	Sold out	0.00%	−1.63
VOD Vodafone Group PLC-SP ADR	Sold out	0.00%	−0.79
UL Unilever PLC	Sold out	0.00%	−0.75
PEG Public Service Enterprise GP	Sold out	0.00%	−0.72
KHC The Kraft Heinz Co.	Sold out	0.00%	−0.64
INTC Intel Corp.	Reduce -1.5%	1.37%	−0.57
RCI Rogers Communications Inc. Class B	Sold out	0.00%	−0.37
GIS General Mills Inc.	Sold out	0.00%	−0.33
QCOM Qualcomm Inc.	Reduce -0.8%	0.93%	−0.23
SHEL Shell PLC-ADR	Reduce -0.7%	0.61%	−0.10
EMR Emerson Electric Co.	Reduce -0.5%	1.39%	−0.10
ORANY Orange-Spon ADR	Sold out	0.00%	−0.10
WM Waste Management Inc.	Reduce -0.4%	0.94%	−0.09
TELFY Telefonica SA-Spon ADR	Sold out	0.00%	−0.06
DTEGY Deutsche Telekom AG-Spon ADR	Sold out	0.00%	−0.05
SWKS Skyworks Solutions Inc.	Sold out	0.00%	−0.05
HBI Hanesbrands Inc.	Sold out	0.00%	−0.05
ADM Archer-Daniels-Midland Co.	Reduce -0.4%	0.65%	−0.05
VTRS Viatris Inc.	Sold out	0.00%	−0.04
J Jacobs Solutions Inc.	Reduce -1.6%	0.21%	−0.03
PG The Procter & Gamble Co.	Reduce -1.1%	1.15%	−0.02
BP BP PLC-Spons ADR	Reduce -0.8%	0.07%	−0.02
MRVL Marvell Technology Inc.	Reduce -0.0%	0.43%	−0.01
UPS United Parcel Service Class B	Reduce -0.0%	0.16%	−0.01
F Ford Motor Co.	Reduce -0.7%	0.03%	−0.01
TT Trane Technologies PLC	Reduce -14.5%	0.12%	−0.01
V Visa Inc. Class A	Reduce -0.5%	0.09%	−0.00
PAVE Global X US Infrastructure	Reduce -5.7%	0.08%	−0.00
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -0.5%	0.08%	−0.00
DLR Digital Realty Trust Inc.	Reduce -0.8%	0.28%	−0.00
IBZT Ibiz Technology Corp.	Sold out	0.00%	0.00
META Meta Platforms Inc. Class A	Reduce -4.6%	0.06%	+0.00
FAST Fastenal Co.	Reduce -5.0%	0.15%	+0.00
AMT American Tower Corp.	Reduce -2.3%	0.07%	+0.01
AXP American Express Co.	Reduce -1.4%	0.08%	+0.01
NVS Novartis AG-Sponsored ADR	Reduce -0.2%	0.47%	+0.01
STT State Street Corp.	Reduce -0.8%	0.09%	+0.01
CCI Crown Castle Inc.	Reduce -1.4%	0.09%	+0.01
KMI Kinder Morgan Inc.	Reduce -0.1%	0.21%	+0.01
GEHC GE Healthcare Technology	Reduce -0.8%	0.13%	+0.01
TSLA Tesla Inc.	Reduce -4.6%	0.09%	+0.01
DE Deere & Co.	Reduce -0.2%	0.32%	+0.02
WMT Walmart Inc.	Reduce -0.8%	0.18%	+0.02
CAT Caterpillar Inc.	Reduce -1.3%	0.52%	+0.04
JNJ Johnson & Johnson	Reduce -0.1%	1.12%	+0.05
LYG Lloyds Banking Group PLC-ADR	Reduce -0.4%	0.78%	+0.06
GEV GE Vernova Inc.	Reduce -0.7%	0.26%	+0.07
LAMR Lamar Advertising Co. Class A	Reduce -0.3%	1.47%	+0.08
GE General Electric	Reduce -0.8%	0.80%	+0.08
GILD Gilead Sciences Inc.	Reduce -0.5%	0.68%	+0.09

Portfolio Buys Q2 2024 → Q3 2024


POWL Powell Industries Inc.	New	0.88%	+0.88
DELL Dell Technologies -C	New	0.51%	+0.51
MU Micron Technology Inc.	Add +135.7%	1.03%	+0.44
ETR Entergy Corp.	Add +0.9%	2.88%	+0.43
IBM Intl Business Machines Corp.	Add +0.9%	2.13%	+0.38
O Realty Income Corp.	Add +0.1%	1.78%	+0.21
AVGO Broadcom Inc.	New	0.21%	+0.21
AMD Advanced Micro Devices	Add +21.4%	1.43%	+0.20
PGX Invesco Preferred ETF	Add +2.8%	3.62%	+0.14
GOOGL Alphabet Inc. Class A	Add +30.0%	1.26%	+0.13
PFF iShares Preferred & Income S	Add +4.0%	3.73%	+0.13
MLI Mueller Industries Inc.	Add +12.5%	0.42%	+0.12
BNS Bank of Nova Scotia	Add +5.5%	0.65%	+0.10
CSCO Cisco Systems Inc.	Add +0.5%	1.62%	+0.10
MDT Medtronic PLC	Add +2.4%	0.95%	+0.09
PFFD Global X US Preferred ETF	Add +2.1%	4.94%	+0.09
AMZN Amazon.com Inc.	Add +20.1%	0.93%	+0.08
D Dominion Energy Inc.	Add +0.3%	0.71%	+0.07
EMN Eastman Chemical Co.	Add +77.3%	0.15%	+0.07
SMH Vaneck Semiconductor ETF	Add +75.2%	0.19%	+0.07
NUE Nucor Corp.	New	0.07%	+0.07
VZ Verizon Communications Inc.	Add +0.1%	2.21%	+0.07
DUK Duke Energy Corp.	Add +0.3%	0.77%	+0.06
JCI Johnson Controls Internation	Add +1.4%	0.56%	+0.06
IWM iShares Russell 2000 ETF	Add +0.9%	1.54%	+0.06
PEP Pepsico Inc.	New	0.05%	+0.05
SYY Sysco Corp.	New	0.05%	+0.05
NSC Norfolk Southern Corp.	New	0.05%	+0.05
IDU iShares US Utilities ETF	Add +2.3%	0.46%	+0.05
ABBV Abbvie Inc.	New	0.05%	+0.05
DOC Healthpeak Properties Inc.	Add +0.2%	0.51%	+0.05
DIA SS SPDR Dow Jones Indus Avg	Add +1.2%	1.30%	+0.04
GSK GSK PLC-Spon ADR	Add +4.6%	0.83%	+0.04
KO The Coca-Cola Co.	Add +0.3%	0.60%	+0.04
NGG National Grid PLC-SP ADR	Add +0.2%	0.25%	+0.04
IXUS iShares Core Intl Stock ETF	Add +15.9%	0.22%	+0.03
RSP Invesco S&P 500 Equal Weight	Add +40.0%	0.10%	+0.03
SCHD Schwab US DVD Equity ETF	Add +2.2%	0.64%	+0.03
BRK.B Berkshire Hathaway Inc. Class B	Add +1.4%	0.38%	+0.03
SWK Stanley Black & Decker Inc.	Add +3.2%	0.10%	+0.03
XEL Xcel Energy Inc.	Add +0.4%	0.18%	+0.02
KMB Kimberly-Clark Corp.	Add +31.5%	0.11%	+0.02
JEPI JPMorgan Equity Premium Inco	Add +22.4%	0.14%	+0.02
WEC WEC Energy Group Inc.	Add +0.3%	0.15%	+0.02
OKE Oneok Inc.	Add +5.8%	0.18%	+0.02
XLF SS Financial Select Sector	Add +4.2%	0.24%	+0.02
XLV SS Health Care Select Sector	Add +5.5%	0.33%	+0.02
VTI VG Morningstar TS MKT ETF-US	Add +3.1%	0.54%	+0.02
XYLD Global X S&P 500 Cove Call E	Add +23.9%	0.10%	+0.02
BMY Bristol-Myers Squibb Co.	Add +0.0%	0.09%	+0.01

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	159	$603.6M	JAAA, INTC, MU, NVDA, ETR
Q1 2026	158	$548.5M	JAAA, ETR, SGOL, NVDA, JEPI
Q4 2025	160	$549.5M	JAAA, NVDA, SGOL, JEPI, ETR
Q3 2025	155	$569.8M	JAAA, NVDA, JEPI, ETR, SGOL
Q2 2025	150	$531.2M	JAAA, NVDA, JEPI, ETR, SGOL
Q1 2025	150	$459.7M	JAAA, ETR, JEPI, SGOL, MLPA
Q4 2024	153	$422.7M	PFFD, PFF, PGX, NVDA, ETR
Q3 2024	153	$423.3M	PFFD, PFF, PGX, NVDA, SGOL
Q2 2024	158	$400.2M	PFFD, PFF, PGX, NVDA, MLPA
Q1 2024	163	$402.8M	PFF, PFFD, PGX, MLPA, INTC