Advisors Management Group Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 25, 2025), Advisors Management Group Inc. reported 150 stock positions worth $459.7 million. Its top holding was Janus Henderson Aaa Clo ETF (JAAA) at 14.5% of the portfolio, followed by Entergy (ETR, 3.4%) and JPMorgan Equity Premium Inco (JEPI, 3.3%). Compared with Q4 2024, it opened 3 new positions, sold out of 6, added to 53 and reduced 72. The biggest buy was a new position in Janus Henderson Aaa Clo ETF (JAAA) and the biggest sale Global X US Preferred ETF (PFFD, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- LA CROSSE, WI
- CIK
- 0000842766
- Portfolio Value
- $459.7M (Q1 2025)
- SEC Filing
- 0000842766-25-000003 ↗ filed Apr 25, 2025
Holdings Value
Holdings 150 stocks · $459.7M
| JAAA Janus Henderson Aaa Clo ETF | 14.52% | 1,315,901 | $66.7M | New |
| ETR Entergy Corp. | 3.40% | 182,940 | $15.6M | Reduce -0.4% |
| JEPI JPMorgan Equity Premium Inco | 3.31% | 266,272 | $15.2M | Add +1029.6% |
| SGOL Abrdn Physical Gold Shares | 3.11% | 480,198 | $14.3M | Reduce -0.7% |
| MLPA Global X MLP ETF | 2.90% | 250,379 | $13.3M | Add +2.3% |
| NVDA Nvidia Corp. | 2.49% | 105,750 | $11.5M | Reduce -0.0% |
| AAPL Apple Inc. | 2.27% | 46,997 | $10.4M | Reduce -0.9% |
| FE Firstenergy Corp. | 2.18% | 247,558 | $10.0M | Add +1.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.16% | 40,004 | $9.9M | Reduce -1.1% |
| TTE Totalenergies SE -Spon ADR | 2.10% | 149,360 | $9.7M | Reduce -0.1% |
| SO The Southern Co. | 1.99% | 99,310 | $9.1M | Reduce -0.4% |
| ENB Enbridge Inc. | 1.81% | 187,772 | $8.3M | Reduce -0.6% |
| WELL Welltower Inc. | 1.80% | 53,967 | $8.3M | Reduce -1.4% |
| VZ Verizon Communications Inc. | 1.74% | 176,495 | $8.0M | Reduce -14.0% |
| CSCO Cisco Systems Inc. | 1.72% | 127,808 | $7.9M | Reduce -0.6% |
| AMZN Amazon.com Inc. | 1.63% | 39,366 | $7.5M | Add +0.1% |
| MSFT Microsoft Corp. | 1.48% | 18,132 | $6.8M | Reduce -0.0% |
| O Realty Income Corp. | 1.48% | 117,162 | $6.8M | Reduce -0.8% |
| GOOGL Alphabet Inc. Class A | 1.46% | 43,506 | $6.7M | Add +0.8% |
| POWL Powell Industries Inc. | 1.27% | 34,266 | $5.8M | Add +99.1% |
| EMR Emerson Electric Co. | 1.26% | 53,034 | $5.8M | Reduce -0.6% |
| JPM JPMorgan Chase & Co. | 1.20% | 22,488 | $5.5M | Reduce -0.5% |
| INTC Intel Corp. | 1.19% | 241,246 | $5.5M | Reduce -0.8% |
| HON Honeywell International Inc. | 1.18% | 25,570 | $5.4M | Add +0.3% |
| LAMR Lamar Advertising Co. Class A | 1.13% | 45,752 | $5.2M | Reduce -0.8% |
| PFE Pfizer Inc. | 1.05% | 190,944 | $4.8M | Reduce -0.7% |
| JNJ Johnson & Johnson | 1.05% | 29,106 | $4.8M | Add +0.4% |
| MDT Medtronic PLC | 1.04% | 53,245 | $4.8M | Add +4.9% |
| VVR Invesco Senior Income Trust | 1.04% | 1,272,597 | $4.8M | Add +5.9% |
| AEP American Electric Power | 1.03% | 43,312 | $4.7M | Reduce -0.4% |
| PG The Procter & Gamble Co. | 1.03% | 27,668 | $4.7M | Reduce -0.6% |
| ADBE Adobe Inc. | 0.97% | 11,678 | $4.5M | Add +1811.3% |
| WM Waste Management Inc. | 0.95% | 18,880 | $4.4M | Reduce -1.1% |
| VTR Ventas Inc. | 0.94% | 63,117 | $4.3M | Reduce -20.6% |
| AMD Advanced Micro Devices | 0.91% | 40,852 | $4.2M | Add +4.9% |
| MU Micron Technology Inc. | 0.85% | 44,823 | $3.9M | Add +0.5% |
| GILD Gilead Sciences Inc. | 0.82% | 33,651 | $3.8M | Reduce -0.3% |
| CVX Chevron Corp. | 0.79% | 21,635 | $3.6M | Add +0.2% |
| QCOM Qualcomm Inc. | 0.77% | 23,013 | $3.5M | Reduce -0.5% |
| GE General Electric filed as GE AEROSPACE | 0.77% | 17,650 | $3.5M | Reduce -0.7% |
| GSK GSK PLC-Spon ADR | 0.77% | 91,186 | $3.5M | Reduce -0.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.77% | 7,532 | $3.5M | Add +16.4% |
| DUK Duke Energy Corp. | 0.74% | 27,843 | $3.4M | Reduce -0.8% |
| SCHX Schwab US Large-Cap ETF | 0.70% | 146,113 | $3.2M | Add +4.8% |
| SCHD Schwab US DVD Equity ETF | 0.70% | 114,468 | $3.2M | Add +5.4% |
| XOM Exxon Mobil Corp. | 0.69% | 26,633 | $3.2M | Add +1.0% |
| LYG Lloyds Banking Group PLC-ADR | 0.68% | 813,572 | $3.1M | Reduce -21.2% |
| D Dominion Energy Inc. | 0.62% | 50,898 | $2.9M | Reduce -1.0% |
| DELL Dell Technologies -C | 0.62% | 31,245 | $2.8M | Add +63.5% |
| SHEL Shell PLC-ADR | 0.62% | 38,710 | $2.8M | Reduce -0.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.61% | 10,244 | $2.8M | Add +9.9% |
| MLI Mueller Industries Inc. | 0.56% | 33,785 | $2.6M | Add +11.4% |
| JCI Johnson Controls Internation | 0.55% | 31,573 | $2.5M | Reduce -0.7% |
| KO The Coca-Cola Co. | 0.54% | 34,671 | $2.5M | Reduce -0.1% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 0.53% | 51,190 | $2.4M | Add +0.2% |
| IDU iShares US Utilities ETF | 0.48% | 21,810 | $2.2M | Add +7.0% |
| MMM 3M Co. | 0.48% | 14,876 | $2.2M | Reduce -0.5% |
| C Citigroup Inc. | 0.47% | 30,425 | $2.2M | Reduce -0.4% |
| XLE SS Energy Select Sector | 0.44% | 21,799 | $2.0M | Add +8.2% |
| MRK Merck & Co. Inc. | 0.44% | 22,417 | $2.0M | Add +2.4% |
| AVGO Broadcom Inc. | 0.42% | 11,554 | $1.9M | Add +124.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.41% | 3,535 | $1.9M | Reduce -0.9% |
| DOC Healthpeak Properties Inc. | 0.41% | 93,029 | $1.9M | Reduce -0.2% |
| ADM Archer-Daniels-Midland Co. | 0.41% | 39,033 | $1.9M | Reduce -13.4% |
| NVS Novartis AG-Sponsored ADR | 0.41% | 16,728 | $1.9M | Reduce -1.7% |
| PANW Palo Alto Networks Inc. | 0.40% | 10,888 | $1.9M | Reduce -0.3% |
| CAT Caterpillar Inc. | 0.39% | 5,462 | $1.8M | Reduce -1.3% |
| XLV SS Health Care Select Sector | 0.39% | 12,258 | $1.8M | Add +10.7% |
| DE Deere & Co. | 0.39% | 3,789 | $1.8M | Add +6.0% |
| IWM iShares Russell 2000 ETF | 0.38% | 8,760 | $1.7M | Reduce -71.0% |
| MRVL Marvell Technology Inc. | 0.34% | 25,009 | $1.5M | Reduce -0.6% |
| AMAT Applied Materials Inc. | 0.31% | 9,826 | $1.4M | Add +371.9% |
| SMIN iShares MSCI India Small-Cap | 0.30% | 20,084 | $1.4M | Add +35.1% |
| SMH Vaneck Semiconductor ETF | 0.29% | 6,337 | $1.3M | Add +11.2% |
| OKTA Okta Inc. | 0.28% | 12,417 | $1.3M | Add +1.2% |
| GEV GE Vernova Inc. | 0.28% | 4,214 | $1.3M | Reduce -0.6% |
| XLF SS Financial Select Sector | 0.28% | 25,486 | $1.3M | Add +9.4% |
| CHD Church & Dwight Co. Inc. | 0.27% | 11,206 | $1.2M | No change |
| KMI Kinder Morgan Inc. | 0.26% | 41,112 | $1.2M | Reduce -0.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.23% | 28,467 | $1.0M | Add +8.5% |
| EMN Eastman Chemical Co. | 0.22% | 11,737 | $1.0M | Add +20.2% |
| DLR Digital Realty Trust Inc. | 0.22% | 7,134 | $1.0M | Reduce -0.4% |
| NGG National Grid PLC-SP ADR | 0.21% | 14,921 | $979K | Reduce -1.5% |
| IXUS iShares Core Intl Stock ETF | 0.20% | 13,341 | $931K | Add +1.3% |
| BUG Global X Cybersecurity ETF | 0.20% | 28,545 | $923K | Add +8.0% |
| OKE Oneok Inc. | 0.19% | 8,661 | $859K | Add +1.7% |
| J Jacobs Solutions Inc. | 0.18% | 6,792 | $821K | Reduce -0.9% |
| WMT Walmart Inc. | 0.18% | 9,172 | $805K | Add +0.3% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.17% | 1,908 | $801K | Reduce -85.4% |
| XEL Xcel Energy Inc. | 0.17% | 11,065 | $783K | Reduce -5.2% |
| RSP Invesco S&P 500 Equal Weight | 0.17% | 4,428 | $767K | Add +70.6% |
| VOX Vanguard Communication Servi | 0.17% | 5,164 | $766K | Add +22.2% |
| FAST Fastenal Co. | 0.14% | 8,559 | $664K | Reduce -7.2% |
| UNP Union Pacific Corp. | 0.14% | 2,686 | $634K | Add +0.5% |
| WFC Wells Fargo & Co. | 0.14% | 8,753 | $628K | No change |
| NUE Nucor Corp. | 0.13% | 5,088 | $612K | Add +39.1% |
| EOG EOG Resources Inc. | 0.13% | 4,537 | $582K | Add +6.9% |
| UPS United Parcel Service Class B | 0.11% | 4,793 | $527K | Add +0.0% |
| V Visa Inc. Class A | 0.11% | 1,425 | $499K | Reduce -0.2% |
| WEC WEC Energy Group Inc. | 0.11% | 4,493 | $490K | Reduce -8.8% |
Portfolio Sells Q4 2024 → Q1 2025
| PFFD Global X US Preferred ETF | Reduce -98.4% | 0.07% | −4.75 |
| PFF iShares Preferred & Income S | Reduce -97.3% | 0.09% | −3.57 |
| PGX Invesco Preferred ETF | Reduce -98.8% | 0.04% | −3.48 |
| IWM iShares Russell 2000 ETF | Reduce -71.0% | 0.38% | −1.20 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -85.4% | 0.17% | −1.14 |
| NVDA Nvidia Corp. | Reduce -0.0% | 2.49% | −0.87 |
| AAPL Apple Inc. | Reduce -0.9% | 2.27% | −0.54 |
| MSFT Microsoft Corp. | Reduce -0.0% | 1.48% | −0.33 |
| MRVL Marvell Technology Inc. | Reduce -0.6% | 0.34% | −0.32 |
| EMR Emerson Electric Co. | Reduce -0.6% | 1.26% | −0.30 |
| XYLD Global X S&P 500 Cove Call E | Sold out | 0.00% | −0.28 |
| VZ Verizon Communications Inc. | Reduce -14.0% | 1.74% | −0.20 |
| LAMR Lamar Advertising Co. Class A | Reduce -0.8% | 1.13% | −0.20 |
| VTR Ventas Inc. | Reduce -20.6% | 0.94% | −0.16 |
| PFE Pfizer Inc. | Reduce -0.7% | 1.05% | −0.15 |
| QYLD Global X Nasd 100 Cov Call | Sold out | 0.00% | −0.15 |
| ADM Archer-Daniels-Midland Co. | Reduce -13.4% | 0.41% | −0.13 |
| TSLA Tesla Inc. | Reduce -13.3% | 0.10% | −0.09 |
| ENB Enbridge Inc. | Reduce -0.6% | 1.81% | −0.09 |
| CSCO Cisco Systems Inc. | Reduce -0.6% | 1.72% | −0.09 |
| CAT Caterpillar Inc. | Reduce -1.3% | 0.39% | −0.08 |
| JPM JPMorgan Chase & Co. | Reduce -0.5% | 1.20% | −0.08 |
| PG The Procter & Gamble Co. | Reduce -0.6% | 1.03% | −0.08 |
| DLR Digital Realty Trust Inc. | Reduce -0.4% | 0.22% | −0.08 |
| QCOM Qualcomm Inc. | Reduce -0.5% | 0.77% | −0.07 |
| PANW Palo Alto Networks Inc. | Reduce -0.3% | 0.40% | −0.07 |
| ARKK ARK Innovation ETF | Sold out | 0.00% | −0.05 |
| GEV GE Vernova Inc. | Reduce -0.6% | 0.28% | −0.05 |
| NSC Norfolk Southern Corp. | Sold out | 0.00% | −0.05 |
| JCI Johnson Controls Internation | Reduce -0.7% | 0.55% | −0.04 |
| GOOG Alphabet Inc. Class C | Reduce -9.3% | 0.09% | −0.04 |
| C Citigroup Inc. | Reduce -0.4% | 0.47% | −0.04 |
| J Jacobs Solutions Inc. | Reduce -0.9% | 0.18% | −0.04 |
| DOC Healthpeak Properties Inc. | Reduce -0.2% | 0.41% | −0.04 |
| D Dominion Energy Inc. | Reduce -1.0% | 0.62% | −0.03 |
| SEOAY Stora Enso Oyj-Spons ADR | Sold out | 0.00% | −0.03 |
| USB US Bancorp | Reduce -1.7% | 0.08% | −0.02 |
| XEL Xcel Energy Inc. | Reduce -5.2% | 0.17% | −0.02 |
| AXP American Express Co. | Reduce -0.2% | 0.08% | −0.02 |
| DIS The Walt Disney Co. | Reduce -4.2% | 0.05% | −0.01 |
| NFLX Netflix Inc. | Reduce -14.3% | 0.07% | −0.01 |
| O Realty Income Corp. | Reduce -0.8% | 1.48% | −0.01 |
| IYC iShares US Consumer Discreti | Reduce -4.8% | 0.05% | −0.01 |
| SOFI Sofi Technologies Inc. | Reduce -0.9% | 0.03% | −0.01 |
| FAST Fastenal Co. | Reduce -7.2% | 0.14% | −0.01 |
| KMI Kinder Morgan Inc. | Reduce -0.4% | 0.26% | −0.01 |
| PAVE Global X US Infrastructure | Reduce -2.2% | 0.06% | −0.01 |
| GEHC GE Healthcare Technology | Reduce -0.6% | 0.10% | −0.01 |
| META Meta Platforms Inc. Class A | Reduce -0.2% | 0.05% | −0.01 |
| WEC WEC Energy Group Inc. | Reduce -8.8% | 0.11% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| JAAA Janus Henderson Aaa Clo ETF | New | 14.52% | +14.52 |
| JEPI JPMorgan Equity Premium Inco | Add +1029.6% | 3.31% | +2.99 |
| ADBE Adobe Inc. | Add +1811.3% | 0.97% | +0.91 |
| POWL Powell Industries Inc. | Add +99.1% | 1.27% | +0.37 |
| AMAT Applied Materials Inc. | Add +371.9% | 0.31% | +0.23 |
| AVGO Broadcom Inc. | Add +124.9% | 0.42% | +0.14 |
| DELL Dell Technologies -C | Add +63.5% | 0.62% | +0.10 |
| MDT Medtronic PLC | Add +4.9% | 1.04% | +0.08 |
| RSP Invesco S&P 500 Equal Weight | Add +70.6% | 0.17% | +0.06 |
| JNJ Johnson & Johnson | Add +0.4% | 1.05% | +0.06 |
| OKTA Okta Inc. | Add +1.2% | 0.28% | +0.06 |
| ABBV Abbvie Inc. | New | 0.05% | +0.05 |
| CVX Chevron Corp. | Add +0.2% | 0.79% | +0.05 |
| MLPA Global X MLP ETF | Add +2.3% | 2.90% | +0.04 |
| XLE SS Energy Select Sector | Add +8.2% | 0.44% | +0.04 |
| NUE Nucor Corp. | Add +39.1% | 0.13% | +0.03 |
| XLV SS Health Care Select Sector | Add +10.7% | 0.39% | +0.03 |
| DE Deere & Co. | Add +6.0% | 0.39% | +0.03 |
| SMIN iShares MSCI India Small-Cap | Add +35.1% | 0.30% | +0.03 |
| XOM Exxon Mobil Corp. | Add +1.0% | 0.69% | +0.02 |
| IDU iShares US Utilities ETF | Add +7.0% | 0.48% | +0.02 |
| EMN Eastman Chemical Co. | Add +20.2% | 0.22% | +0.01 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +8.5% | 0.23% | +0.01 |
| VOX Vanguard Communication Servi | Add +22.2% | 0.17% | +0.01 |
| XLF SS Financial Select Sector | Add +9.4% | 0.28% | +0.01 |
| BP BP PLC-Spons ADR | Add +0.3% | 0.07% | +0.00 |
| EOG EOG Resources Inc. | Add +6.9% | 0.13% | +0.00 |
| DOGP Dogecoin Cash Inc. | New | 0.00% | +0.00 |
| BUG Global X Cybersecurity ETF | Add +8.0% | 0.20% | +0.00 |
| MCD McDonald's Corp. | Add +0.1% | 0.06% | −0.00 |
| BMY Bristol-Myers Squibb Co. | Add +0.0% | 0.09% | −0.00 |
| IVV iShares Core S&P 500 ETF | Add +9.7% | 0.05% | −0.00 |
| IXUS iShares Core Intl Stock ETF | Add +1.3% | 0.20% | −0.00 |
| SYY Sysco Corp. | Add +0.1% | 0.05% | −0.00 |
| SCHD Schwab US DVD Equity ETF | Add +5.4% | 0.70% | −0.01 |
| UNP Union Pacific Corp. | Add +0.5% | 0.14% | −0.01 |
| SWK Stanley Black & Decker Inc. | Add +0.1% | 0.06% | −0.01 |
| FINX Global X Fintech ETF | Add +11.3% | 0.08% | −0.01 |
| MLI Mueller Industries Inc. | Add +11.4% | 0.56% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.1% | 0.08% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +16.4% | 0.77% | −0.01 |
| OKE Oneok Inc. | Add +1.7% | 0.19% | −0.02 |
| WMT Walmart Inc. | Add +0.3% | 0.18% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +9.9% | 0.61% | −0.03 |
| UPS United Parcel Service Class B | Add +0.0% | 0.11% | −0.03 |
| SMH Vaneck Semiconductor ETF | Add +11.2% | 0.29% | −0.04 |
| MU Micron Technology Inc. | Add +0.5% | 0.85% | −0.04 |
| SCHX Schwab US Large-Cap ETF | Add +4.8% | 0.70% | −0.06 |
| MRK Merck & Co. Inc. | Add +2.4% | 0.44% | −0.08 |
| VVR Invesco Senior Income Trust | Add +5.9% | 1.04% | −0.08 |
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 |