Advisors Management Group Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 16, 2025), Advisors Management Group Inc. reported 150 stock positions worth $531.2 million. Its top holding was Janus Henderson Aaa Clo ETF (JAAA) at 16.5% of the portfolio, followed by Nvidia (NVDA, 3.7%) and JPMorgan Equity Premium Inco (JEPI, 3.2%). Compared with Q1 2025, it opened 3 new positions, sold out of 3, added to 44 and reduced 84. The biggest buy was Janus Henderson Aaa Clo ETF (JAAA, shares +31%) and the biggest sale Lloyds Banking Group PLC-ADR (LYG, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- LA CROSSE, WI
- CIK
- 0000842766
- Portfolio Value
- $531.2M (Q2 2025)
- SEC Filing
- 0000842766-25-000005 ↗ filed Jul 16, 2025
Holdings Value
Holdings 150 stocks · $531.2M
| JAAA Janus Henderson Aaa Clo ETF | 16.49% | 1,725,467 | $87.6M | Add +31.1% |
| NVDA Nvidia Corp. | 3.71% | 124,869 | $19.7M | Add +18.1% |
| JEPI JPMorgan Equity Premium Inco | 3.18% | 296,745 | $16.9M | Add +11.4% |
| ETR Entergy Corp. | 2.84% | 181,675 | $15.1M | Reduce -0.7% |
| SGOL Abrdn Physical Gold Shares | 2.82% | 474,842 | $15.0M | Reduce -1.1% |
| MLPA Global X MLP ETF | 2.37% | 250,841 | $12.6M | Add +0.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.21% | 39,765 | $11.7M | Reduce -0.6% |
| AMZN Amazon.com Inc. | 1.90% | 45,962 | $10.1M | Add +16.8% |
| FE Firstenergy Corp. | 1.86% | 245,734 | $9.9M | Reduce -0.7% |
| AAPL Apple Inc. | 1.80% | 46,532 | $9.5M | Reduce -1.0% |
| TTE Totalenergies SE -Spon ADR | 1.73% | 149,343 | $9.2M | Reduce -0.0% |
| SO The Southern Co. | 1.70% | 98,332 | $9.0M | Reduce -1.0% |
| GOOGL Alphabet Inc. Class A | 1.70% | 51,227 | $9.0M | Add +17.8% |
| MSFT Microsoft Corp. | 1.69% | 18,019 | $9.0M | Reduce -0.6% |
| CSCO Cisco Systems Inc. | 1.66% | 126,769 | $8.8M | Reduce -0.8% |
| O Realty Income Corp. | 1.65% | 151,681 | $8.7M | Add +29.5% |
| ENB Enbridge Inc. | 1.59% | 186,369 | $8.4M | Reduce -0.8% |
| WELL Welltower Inc. | 1.54% | 53,306 | $8.2M | Reduce -1.2% |
| VZ Verizon Communications Inc. | 1.42% | 174,874 | $7.6M | Reduce -0.9% |
| POWL Powell Industries Inc. | 1.37% | 34,572 | $7.3M | Add +0.9% |
| EMR Emerson Electric Co. | 1.32% | 52,772 | $7.0M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 1.21% | 22,113 | $6.4M | Reduce -1.7% |
| CVX Chevron Corp. | 1.17% | 43,343 | $6.2M | Add +100.3% |
| HON Honeywell International Inc. | 1.11% | 25,325 | $5.9M | Reduce -1.0% |
| OKE Oneok Inc. | 1.11% | 72,127 | $5.9M | Add +732.8% |
| ADBE Adobe Inc. | 1.10% | 15,124 | $5.9M | Add +29.5% |
| AMD Advanced Micro Devices | 1.09% | 40,725 | $5.8M | Reduce -0.3% |
| LAMR Lamar Advertising Co. Class A | 1.04% | 45,497 | $5.5M | Reduce -0.6% |
| MU Micron Technology Inc. | 1.03% | 44,601 | $5.5M | Reduce -0.5% |
| INTC Intel Corp. | 1.01% | 239,835 | $5.4M | Reduce -0.6% |
| MRK Merck & Co. Inc. | 1.00% | 66,940 | $5.3M | Add +198.6% |
| AVGO Broadcom Inc. | 0.95% | 18,323 | $5.1M | Add +58.6% |
| VVR Invesco Senior Income Trust | 0.91% | 1,270,595 | $4.8M | Reduce -0.2% |
| PFE Pfizer Inc. | 0.87% | 189,673 | $4.6M | Reduce -0.7% |
| MDT Medtronic PLC | 0.85% | 51,845 | $4.5M | Reduce -2.6% |
| GE General Electric filed as GE AEROSPACE | 0.84% | 17,372 | $4.5M | Reduce -1.6% |
| AEP American Electric Power | 0.84% | 42,784 | $4.4M | Reduce -1.2% |
| JNJ Johnson & Johnson | 0.83% | 28,825 | $4.4M | Reduce -1.0% |
| PG The Procter & Gamble Co. | 0.82% | 27,458 | $4.4M | Reduce -0.8% |
| WM Waste Management Inc. | 0.81% | 18,728 | $4.3M | Reduce -0.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.80% | 7,691 | $4.2M | Add +2.1% |
| MLI Mueller Industries Inc. | 0.76% | 51,024 | $4.1M | Add +51.0% |
| VTR Ventas Inc. | 0.75% | 63,085 | $4.0M | Reduce -0.1% |
| DELL Dell Technologies -C | 0.72% | 31,063 | $3.8M | Reduce -0.6% |
| GILD Gilead Sciences Inc. | 0.70% | 33,466 | $3.7M | Reduce -0.6% |
| PANW Palo Alto Networks Inc. | 0.69% | 18,000 | $3.7M | Add +65.3% |
| QCOM Qualcomm Inc. | 0.68% | 22,823 | $3.6M | Reduce -0.8% |
| SCHX Schwab US Large-Cap ETF | 0.68% | 147,570 | $3.6M | Add +1.0% |
| GSK GSK PLC-Spon ADR | 0.65% | 90,041 | $3.5M | Reduce -1.3% |
| JCI Johnson Controls Internation | 0.62% | 31,030 | $3.3M | Reduce -1.7% |
| DUK Duke Energy Corp. | 0.61% | 27,495 | $3.2M | Reduce -1.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.58% | 10,061 | $3.1M | Reduce -1.8% |
| SCHD Schwab US DVD Equity ETF | 0.57% | 113,960 | $3.0M | Reduce -0.4% |
| XOM Exxon Mobil Corp. | 0.54% | 26,752 | $2.9M | Add +0.5% |
| D Dominion Energy Inc. | 0.53% | 50,268 | $2.8M | Reduce -1.2% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 0.53% | 50,656 | $2.8M | Reduce -1.0% |
| SHEL Shell PLC-ADR | 0.51% | 38,231 | $2.7M | Reduce -1.2% |
| C Citigroup Inc. | 0.48% | 30,239 | $2.6M | Reduce -0.6% |
| KO The Coca-Cola Co. | 0.46% | 34,366 | $2.4M | Reduce -0.9% |
| DE Deere & Co. | 0.44% | 4,576 | $2.3M | Add +20.8% |
| IDU iShares US Utilities ETF | 0.43% | 21,805 | $2.3M | Reduce -0.0% |
| MMM 3M Co. | 0.42% | 14,596 | $2.2M | Reduce -1.9% |
| GEV GE Vernova Inc. | 0.42% | 4,183 | $2.2M | Reduce -0.7% |
| OKTA Okta Inc. | 0.40% | 21,507 | $2.1M | Add +73.2% |
| CAT Caterpillar Inc. | 0.40% | 5,449 | $2.1M | Reduce -0.2% |
| MRVL Marvell Technology Inc. | 0.40% | 27,116 | $2.1M | Add +8.4% |
| ADM Archer-Daniels-Midland Co. | 0.39% | 38,922 | $2.1M | Reduce -0.3% |
| NVS Novartis AG-Sponsored ADR | 0.38% | 16,513 | $2.0M | Reduce -1.3% |
| XLE SS Energy Select Sector | 0.37% | 23,000 | $2.0M | Add +5.5% |
| IWM iShares Russell 2000 ETF | 0.36% | 8,779 | $1.9M | Add +0.2% |
| AMAT Applied Materials Inc. | 0.35% | 10,095 | $1.8M | Add +2.7% |
| SMH Vaneck Semiconductor ETF | 0.34% | 6,465 | $1.8M | Add +2.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.32% | 3,532 | $1.7M | Reduce -0.1% |
| XLV SS Health Care Select Sector | 0.31% | 12,226 | $1.6M | Reduce -0.3% |
| DOC Healthpeak Properties Inc. | 0.31% | 92,855 | $1.6M | Reduce -0.2% |
| SMIN iShares MSCI India Small-Cap | 0.30% | 20,434 | $1.6M | Add +1.7% |
| XLF SS Financial Select Sector | 0.25% | 25,028 | $1.3M | Reduce -1.8% |
| DLR Digital Realty Trust Inc. | 0.23% | 7,090 | $1.2M | Reduce -0.6% |
| KMI Kinder Morgan Inc. | 0.23% | 40,913 | $1.2M | Reduce -0.5% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.22% | 29,116 | $1.2M | Add +2.3% |
| NGG National Grid PLC-SP ADR | 0.21% | 14,800 | $1.1M | Reduce -0.8% |
| CHD Church & Dwight Co. Inc. | 0.20% | 11,206 | $1.1M | No change |
| BUG Global X Cybersecurity ETF | 0.20% | 28,522 | $1.1M | Reduce -0.1% |
| IXUS iShares Core Intl Stock ETF | 0.19% | 13,169 | $1.0M | Reduce -1.3% |
| RSP Invesco S&P 500 Equal Weight | 0.18% | 5,383 | $978K | Add +21.6% |
| VOX Vanguard Communication Servi | 0.17% | 5,408 | $925K | Add +4.7% |
| EMN Eastman Chemical Co. | 0.17% | 12,146 | $907K | Add +3.5% |
| WMT Walmart Inc. | 0.16% | 8,930 | $873K | Reduce -2.6% |
| J Jacobs Solutions Inc. | 0.16% | 6,547 | $861K | Reduce -3.6% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.16% | 1,905 | $839K | Reduce -0.2% |
| XEL Xcel Energy Inc. | 0.14% | 11,087 | $755K | Add +0.2% |
| FAST Fastenal Co. | 0.14% | 17,142 | $720K | Add +0.1% |
| EOG EOG Resources Inc. | 0.13% | 5,929 | $709K | Add +30.7% |
| WFC Wells Fargo & Co. | 0.13% | 8,438 | $676K | Reduce -3.6% |
| NUE Nucor Corp. | 0.12% | 5,053 | $655K | Reduce -0.7% |
| UPS United Parcel Service Class B | 0.12% | 6,287 | $635K | Add +31.2% |
| UNP Union Pacific Corp. | 0.12% | 2,699 | $621K | Add +0.5% |
| TSLA Tesla Inc. | 0.11% | 1,906 | $605K | Add +8.8% |
| TT Trane Technologies PLC | 0.11% | 1,284 | $562K | No change |
| V Visa Inc. Class A | 0.10% | 1,424 | $506K | Reduce -0.1% |
Portfolio Sells Q1 2025 → Q2 2025
| LYG Lloyds Banking Group PLC-ADR | Reduce -97.5% | 0.02% | −0.66 |
| ETR Entergy Corp. | Reduce -0.7% | 2.84% | −0.56 |
| AAPL Apple Inc. | Reduce -1.0% | 1.80% | −0.47 |
| TTE Totalenergies SE -Spon ADR | Reduce -0.0% | 1.73% | −0.38 |
| VZ Verizon Communications Inc. | Reduce -0.9% | 1.42% | −0.32 |
| FE Firstenergy Corp. | Reduce -0.7% | 1.86% | −0.31 |
| SGOL Abrdn Physical Gold Shares | Reduce -1.1% | 2.82% | −0.30 |
| SO The Southern Co. | Reduce -1.0% | 1.70% | −0.29 |
| WELL Welltower Inc. | Reduce -1.2% | 1.54% | −0.26 |
| JNJ Johnson & Johnson | Reduce -1.0% | 0.83% | −0.22 |
| ENB Enbridge Inc. | Reduce -0.8% | 1.59% | −0.22 |
| PG The Procter & Gamble Co. | Reduce -0.8% | 0.82% | −0.20 |
| VTR Ventas Inc. | Reduce -0.1% | 0.75% | −0.19 |
| AEP American Electric Power | Reduce -1.2% | 0.84% | −0.19 |
| MDT Medtronic PLC | Reduce -2.6% | 0.85% | −0.19 |
| PFE Pfizer Inc. | Reduce -0.7% | 0.87% | −0.19 |
| INTC Intel Corp. | Reduce -0.6% | 1.01% | −0.18 |
| WM Waste Management Inc. | Reduce -0.8% | 0.81% | −0.14 |
| VVR Invesco Senior Income Trust | Reduce -0.2% | 0.91% | −0.13 |
| DUK Duke Energy Corp. | Reduce -1.3% | 0.61% | −0.13 |
| SCHD Schwab US DVD Equity ETF | Reduce -0.4% | 0.57% | −0.13 |
| GILD Gilead Sciences Inc. | Reduce -0.6% | 0.70% | −0.12 |
| GSK GSK PLC-Spon ADR | Reduce -1.3% | 0.65% | −0.12 |
| SHEL Shell PLC-ADR | Reduce -1.2% | 0.51% | −0.11 |
| DOC Healthpeak Properties Inc. | Reduce -0.2% | 0.31% | −0.10 |
| LAMR Lamar Advertising Co. Class A | Reduce -0.6% | 1.04% | −0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.1% | 0.32% | −0.09 |
| D Dominion Energy Inc. | Reduce -1.2% | 0.53% | −0.09 |
| QCOM Qualcomm Inc. | Reduce -0.8% | 0.68% | −0.08 |
| KO The Coca-Cola Co. | Reduce -0.9% | 0.46% | −0.08 |
| XLV SS Health Care Select Sector | Reduce -0.3% | 0.31% | −0.08 |
| CCI Crown Castle Inc. | Sold out | 0.00% | −0.07 |
| HON Honeywell International Inc. | Reduce -1.0% | 1.11% | −0.07 |
| CSCO Cisco Systems Inc. | Reduce -0.8% | 1.66% | −0.06 |
| MMM 3M Co. | Reduce -1.9% | 0.42% | −0.06 |
| IDU iShares US Utilities ETF | Reduce -0.0% | 0.43% | −0.05 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.05 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.8% | 0.58% | −0.04 |
| NVS Novartis AG-Sponsored ADR | Reduce -1.3% | 0.38% | −0.03 |
| XLF SS Financial Select Sector | Reduce -1.8% | 0.25% | −0.03 |
| KMI Kinder Morgan Inc. | Reduce -0.5% | 0.23% | −0.03 |
| KMB Kimberly-Clark Corp. | Reduce -0.4% | 0.08% | −0.02 |
| EPD Enterprise Products Partners | Reduce -0.4% | 0.08% | −0.02 |
| GEHC GE Healthcare Technology | Reduce -0.8% | 0.08% | −0.02 |
| ADM Archer-Daniels-Midland Co. | Reduce -0.3% | 0.39% | −0.02 |
| CAG Conagra Brands Inc. | Reduce -0.7% | 0.04% | −0.02 |
| J Jacobs Solutions Inc. | Reduce -3.6% | 0.16% | −0.02 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -0.2% | 0.16% | −0.02 |
| BP BP PLC-Spons ADR | Reduce -0.6% | 0.05% | −0.02 |
| PFF iShares Preferred & Income S | Reduce -4.8% | 0.07% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| JAAA Janus Henderson Aaa Clo ETF | Add +31.1% | 16.49% | +1.97 |
| NVDA Nvidia Corp. | Add +18.1% | 3.71% | +1.22 |
| OKE Oneok Inc. | Add +732.8% | 1.11% | +0.92 |
| MRK Merck & Co. Inc. | Add +198.6% | 1.00% | +0.56 |
| AVGO Broadcom Inc. | Add +58.6% | 0.95% | +0.53 |
| CVX Chevron Corp. | Add +100.3% | 1.17% | +0.38 |
| PANW Palo Alto Networks Inc. | Add +65.3% | 0.69% | +0.29 |
| AMZN Amazon.com Inc. | Add +16.8% | 1.90% | +0.27 |
| GOOGL Alphabet Inc. Class A | Add +17.8% | 1.70% | +0.24 |
| MLI Mueller Industries Inc. | Add +51.0% | 0.76% | +0.20 |
| O Realty Income Corp. | Add +29.5% | 1.65% | +0.17 |
| ADBE Adobe Inc. | Add +29.5% | 1.10% | +0.13 |
| OKTA Okta Inc. | Add +73.2% | 0.40% | +0.12 |
| POWL Powell Industries Inc. | Add +0.9% | 1.37% | +0.10 |
| MRVL Marvell Technology Inc. | Add +8.4% | 0.40% | +0.06 |
| UNH Unitedhealth Group Inc. | New | 0.06% | +0.06 |
| ARKK ARK Innovation ETF | New | 0.05% | +0.05 |
| DE Deere & Co. | Add +20.8% | 0.44% | +0.05 |
| SMH Vaneck Semiconductor ETF | Add +2.0% | 0.34% | +0.05 |
| NSC Norfolk Southern Corp. | New | 0.04% | +0.04 |
| AMAT Applied Materials Inc. | Add +2.7% | 0.35% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.1% | 0.80% | +0.03 |
| RSP Invesco S&P 500 Equal Weight | Add +21.6% | 0.18% | +0.02 |
| TSLA Tesla Inc. | Add +8.8% | 0.11% | +0.02 |
| SOFI Sofi Technologies Inc. | Add +1.6% | 0.04% | +0.01 |
| VOX Vanguard Communication Servi | Add +4.7% | 0.17% | +0.01 |
| EOG EOG Resources Inc. | Add +30.7% | 0.13% | +0.01 |
| UPS United Parcel Service Class B | Add +31.2% | 0.12% | +0.00 |
| IYC iShares US Consumer Discreti | Add +4.3% | 0.05% | +0.00 |
| SMIN iShares MSCI India Small-Cap | Add +1.7% | 0.30% | −0.00 |
| IVV iShares Core S&P 500 ETF | Add +3.0% | 0.05% | −0.00 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +2.3% | 0.22% | −0.00 |
| SYY Sysco Corp. | Add +0.1% | 0.04% | −0.01 |
| AMT American Tower Corp. | Add +0.1% | 0.05% | −0.01 |
| FAST Fastenal Co. | Add +0.1% | 0.14% | −0.01 |
| VHT Vanguard Health Care ETF | Add +0.1% | 0.06% | −0.01 |
| WEC WEC Energy Group Inc. | Add +0.4% | 0.09% | −0.02 |
| UNP Union Pacific Corp. | Add +0.5% | 0.12% | −0.02 |
| SCHX Schwab US Large-Cap ETF | Add +1.0% | 0.68% | −0.02 |
| IWM iShares Russell 2000 ETF | Add +0.2% | 0.36% | −0.02 |
| XEL Xcel Energy Inc. | Add +0.2% | 0.14% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Add +0.4% | 0.06% | −0.03 |
| EMN Eastman Chemical Co. | Add +3.5% | 0.17% | −0.05 |
| XLE SS Energy Select Sector | Add +5.5% | 0.37% | −0.08 |
| JEPI JPMorgan Equity Premium Inco | Add +11.4% | 3.18% | −0.13 |
| XOM Exxon Mobil Corp. | Add +0.5% | 0.54% | −0.15 |
| MLPA Global X MLP ETF | Add +0.2% | 2.37% | −0.53 |
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 |