Advisors Management Group Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 1, 2026), Advisors Management Group Inc. reported 158 stock positions worth $548.5 million. Its top holding was Janus Henderson Aaa Clo ETF (JAAA) at 17.6% of the portfolio, followed by Entergy (ETR, 3.6%) and Abrdn Physical Gold Shares (SGOL, 3.3%). Compared with Q4 2025, it opened 9 new positions, sold out of 11, added to 49 and reduced 87. The biggest buy was a new position in Vanguard Ftse Emerging Marke (VWO) and the biggest sale Nvidia (NVDA, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- LA CROSSE, WI
- CIK
- 0000842766
- Portfolio Value
- $548.5M (Q1 2026)
- SEC Filing
- 0000842766-26-000003 ↗ filed May 1, 2026
Holdings Value
Holdings 158 stocks · $548.5M
| JAAA Janus Henderson Aaa Clo ETF | 17.60% | 1,917,031 | $96.6M | Add +5.2% |
| ETR Entergy Corp. | 3.58% | 174,913 | $19.7M | Add +0.7% |
| SGOL Abrdn Physical Gold Shares | 3.32% | 408,264 | $18.2M | Reduce -4.8% |
| NVDA Nvidia Corp. | 3.23% | 101,538 | $17.7M | Reduce -11.9% |
| JEPI JPMorgan Equity Premium Inco | 2.87% | 277,374 | $15.7M | Reduce -5.8% |
| SO The Southern Co. | 2.56% | 145,639 | $14.1M | Add +3.6% |
| TTE Totalenergies SE | 2.27% | 136,956 | $12.5M | Add +0.8% |
| FE Firstenergy Corp. | 2.22% | 240,056 | $12.2M | Add +3.5% |
| MLPA Global X MLP ETF | 2.14% | 218,405 | $11.8M | Reduce -7.6% |
| MU Micron Technology Inc. | 1.94% | 31,499 | $10.6M | Reduce -11.7% |
| DUK Duke Energy Corp. | 1.93% | 80,861 | $10.6M | Add +3.3% |
| GOOGL Alphabet Inc. Class A | 1.91% | 36,478 | $10.5M | Reduce -10.1% |
| POWL Powell Industries Inc. | 1.81% | 18,381 | $9.9M | Reduce -29.7% |
| AMZN Amazon.com Inc. | 1.64% | 43,136 | $9.0M | Reduce -7.8% |
| INTC Intel Corp. | 1.57% | 195,776 | $8.6M | Reduce -12.6% |
| WELL Welltower Inc. | 1.52% | 42,049 | $8.3M | Reduce -5.0% |
| ENB Enbridge Inc. | 1.51% | 152,720 | $8.3M | Reduce -10.3% |
| AAPL Apple Inc. | 1.50% | 32,491 | $8.2M | Reduce -18.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.36% | 30,869 | $7.5M | Reduce -10.5% |
| CSCO Cisco Systems Inc. | 1.29% | 91,540 | $7.1M | Reduce -13.1% |
| O Realty Income Corp. | 1.29% | 115,876 | $7.1M | Reduce -12.3% |
| CVX Chevron Corp. | 1.18% | 31,396 | $6.5M | Reduce -16.0% |
| MRK Merck & Co. Inc. | 1.12% | 51,089 | $6.1M | Reduce -12.8% |
| VZ Verizon Communications Inc. | 1.10% | 119,718 | $6.0M | Reduce -11.7% |
| MLI Mueller Industries Inc. | 1.05% | 52,180 | $5.8M | Reduce -8.4% |
| JNJ Johnson & Johnson | 1.02% | 22,927 | $5.6M | Reduce -13.4% |
| OKE Oneok Inc. | 0.98% | 59,347 | $5.4M | Reduce -17.3% |
| AMD Advanced Micro Devices | 0.95% | 25,673 | $5.2M | Reduce -20.7% |
| AEP American Electric Power | 0.91% | 38,128 | $5.0M | Reduce -0.6% |
| EMR Emerson Electric Co. | 0.91% | 37,897 | $5.0M | Reduce -11.0% |
| VWO Vanguard Ftse Emerging Marke | 0.87% | 88,744 | $4.8M | New |
| MSFT Microsoft Corp. | 0.86% | 12,802 | $4.7M | Reduce -12.9% |
| JPM JPMorgan Chase & Co. | 0.80% | 14,931 | $4.4M | Reduce -16.9% |
| GE General Electric filed as GE AEROSPACE | 0.80% | 15,446 | $4.4M | Reduce -8.2% |
| LAMR Lamar Advertising Co. Class A | 0.79% | 34,415 | $4.4M | Reduce -10.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.79% | 7,546 | $4.4M | Add +1.4% |
| PANW Palo Alto Networks Inc. | 0.74% | 25,359 | $4.1M | Add +5.8% |
| MDT Medtronic PLC | 0.70% | 44,419 | $3.8M | Reduce -10.3% |
| VTR Ventas Inc. | 0.68% | 45,306 | $3.7M | Reduce -11.9% |
| WM Waste Management Inc. | 0.67% | 16,086 | $3.7M | Reduce -5.8% |
| SCHX Schwab US Large-Cap ETF | 0.66% | 142,120 | $3.6M | Add +1.1% |
| SCHD Schwab US DVD Equity ETF | 0.66% | 117,129 | $3.6M | Add +4.8% |
| XOM Exxon Mobil Corp. | 0.61% | 19,600 | $3.3M | Reduce -25.5% |
| AVGO Broadcom Inc. | 0.60% | 10,601 | $3.3M | Reduce -21.4% |
| GSK GSK PLC-Spon ADR | 0.60% | 59,204 | $3.3M | Reduce -20.1% |
| PFE Pfizer Inc. | 0.60% | 116,330 | $3.3M | Reduce -21.6% |
| VVR Invesco Senior Income Trust | 0.58% | 991,731 | $3.2M | Reduce -1.1% |
| GILD Gilead Sciences Inc. | 0.58% | 22,716 | $3.2M | Reduce -19.2% |
| VXUS Vanguard Total Intl Stock | 0.58% | 40,982 | $3.2M | New |
| VTI VG Morningstar TS MKT ETF-US | 0.56% | 9,656 | $3.1M | Add +0.7% |
| VGK Vanguard Ftse Europe ETF | 0.56% | 37,526 | $3.1M | New |
| HON Honeywell International Inc. | 0.51% | 12,466 | $2.8M | Reduce -29.7% |
| XLE SS Energy Select Sector | 0.51% | 45,452 | $2.8M | Add +1.1% |
| GEV GE Vernova Inc. | 0.51% | 3,188 | $2.8M | Reduce -21.8% |
| CAT Caterpillar Inc. | 0.51% | 3,913 | $2.8M | Reduce -10.5% |
| SHEL Shell PLC-ADR | 0.50% | 29,750 | $2.8M | Reduce -19.5% |
| D Dominion Energy Inc. | 0.46% | 41,073 | $2.5M | Add +2.6% |
| C Citigroup Inc. | 0.46% | 22,209 | $2.5M | Reduce -9.8% |
| SMH Vaneck Semiconductor ETF | 0.45% | 6,369 | $2.4M | Add +1.0% |
| IDU iShares US Utilities ETF | 0.44% | 20,980 | $2.4M | Add +1.0% |
| JCI Johnson Controls Internation | 0.43% | 17,858 | $2.3M | Reduce -22.4% |
| AMAT Applied Materials Inc. | 0.41% | 6,639 | $2.3M | Reduce -37.4% |
| IWM iShares Russell 2000 ETF | 0.38% | 8,506 | $2.1M | Add +0.5% |
| PG The Procter & Gamble Co. | 0.38% | 14,332 | $2.1M | Reduce -26.2% |
| ADBE Adobe Inc. | 0.37% | 8,247 | $2.0M | Reduce -32.4% |
| NVS Novartis AG-Sponsored ADR | 0.35% | 12,613 | $1.9M | Reduce -11.9% |
| OKTA Okta Inc. | 0.35% | 24,381 | $1.9M | Reduce -13.1% |
| XLV SS Health Care Select Sector | 0.34% | 12,746 | $1.9M | Add +2.2% |
| DE Deere & Co. | 0.34% | 3,282 | $1.8M | Reduce -12.7% |
| EWZ iShares MSCI Brazil ETF | 0.30% | 43,364 | $1.7M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.29% | 3,368 | $1.6M | Add +1.5% |
| DELL Dell Technologies -C | 0.29% | 9,629 | $1.6M | Reduce -51.5% |
| KO The Coca-Cola Co. | 0.28% | 20,062 | $1.5M | Reduce -21.8% |
| INDA iShares MSCI India ETF | 0.27% | 31,893 | $1.5M | New |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C | 0.25% | 19,699 | $1.4M | Reduce -34.7% |
| EWY iShares MSCI South Korea ETF | 0.24% | 10,844 | $1.3M | New |
| MMM 3M Co. | 0.24% | 9,080 | $1.3M | Reduce -17.6% |
| SMIN iShares MSCI India Small-Cap | 0.23% | 21,491 | $1.3M | Add +6.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.23% | 27,751 | $1.3M | Add +0.3% |
| NGG National Grid PLC-SP ADR | 0.23% | 14,673 | $1.2M | Add +2.7% |
| XLF SS Financial Select Sector | 0.22% | 24,924 | $1.2M | Add +2.8% |
| IXUS iShares Core Intl Stock ETF | 0.21% | 13,057 | $1.1M | Add +1.5% |
| RSP Invesco S&P 500 Equal Weight | 0.20% | 5,701 | $1.1M | Add +4.7% |
| CHD Church & Dwight Co. Inc. | 0.19% | 11,205 | $1.0M | Reduce -0.0% |
| MRVL Marvell Technology Inc. | 0.19% | 10,466 | $1.0M | Reduce -41.0% |
| QCOM Qualcomm Inc. | 0.18% | 7,628 | $982K | Reduce -45.3% |
| VOX Vanguard Communication Servi | 0.17% | 5,327 | $958K | Add +1.0% |
| WMT Walmart Inc. | 0.17% | 7,650 | $950K | Reduce -10.2% |
| KMI Kinder Morgan Inc. | 0.17% | 27,874 | $934K | Reduce -30.2% |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 0.15% | 1,785 | $826K | Reduce -0.5% |
| PEG Public Service Enterprise GP | 0.14% | 9,740 | $788K | Add +45.2% |
| XEL Xcel Energy Inc. | 0.14% | 9,812 | $779K | Reduce -6.4% |
| BUG Global X Cybersecurity ETF | 0.14% | 30,213 | $758K | Add +7.6% |
| J Jacobs Solutions Inc. | 0.13% | 5,473 | $696K | Reduce -9.3% |
| WEC WEC Energy Group Inc. | 0.13% | 6,006 | $695K | Reduce -3.9% |
| UPS United Parcel Service Class B | 0.12% | 6,970 | $685K | Reduce -21.6% |
| WFC Wells Fargo & Co. | 0.12% | 8,434 | $671K | Add +0.3% |
| UNP Union Pacific Corp. | 0.12% | 2,740 | $664K | Reduce -0.8% |
| NUE Nucor Corp. | 0.12% | 3,822 | $646K | Reduce -24.7% |
| FAST Fastenal Co. | 0.12% | 13,620 | $631K | Reduce -17.5% |
Portfolio Sells Q4 2025 → Q1 2026
| NVDA Nvidia Corp. | Reduce -11.9% | 3.23% | −0.68 |
| IBM Intl Business Machines Corp. | Reduce -10.5% | 1.36% | −0.50 |
| AAPL Apple Inc. | Reduce -18.4% | 1.50% | −0.47 |
| MSFT Microsoft Corp. | Reduce -12.9% | 0.86% | −0.43 |
| ADBE Adobe Inc. | Reduce -32.4% | 0.37% | −0.41 |
| GOOGL Alphabet Inc. Class A | Reduce -10.1% | 1.91% | −0.40 |
| AMZN Amazon.com Inc. | Reduce -7.8% | 1.64% | −0.33 |
| AMD Advanced Micro Devices | Reduce -20.7% | 0.95% | −0.31 |
| QCOM Qualcomm Inc. | Reduce -45.3% | 0.18% | −0.25 |
| JPM JPMorgan Chase & Co. | Reduce -16.9% | 0.80% | −0.25 |
| AVGO Broadcom Inc. | Reduce -21.4% | 0.60% | −0.25 |
| JEPI JPMorgan Equity Premium Inco | Reduce -5.8% | 2.87% | −0.20 |
| CSCO Cisco Systems Inc. | Reduce -13.1% | 1.29% | −0.18 |
| DELL Dell Technologies -C | Reduce -51.5% | 0.29% | −0.17 |
| MDT Medtronic PLC | Reduce -10.3% | 0.70% | −0.16 |
| BNS Bank of Nova Scotia | Reduce -34.7% | 0.25% | −0.16 |
| GE General Electric | Reduce -8.2% | 0.80% | −0.14 |
| MLI Mueller Industries Inc. | Reduce -8.4% | 1.05% | −0.14 |
| PG The Procter & Gamble Co. | Reduce -26.2% | 0.38% | −0.13 |
| EMR Emerson Electric Co. | Reduce -11.0% | 0.91% | −0.12 |
| ISRG Intuitive Surgical Inc. | Reduce -44.9% | 0.10% | −0.12 |
| HON Honeywell International Inc. | Reduce -29.7% | 0.51% | −0.12 |
| OKTA Okta Inc. | Reduce -13.1% | 0.35% | −0.09 |
| LAMR Lamar Advertising Co. Class A | Reduce -10.1% | 0.79% | −0.09 |
| MRVL Marvell Technology Inc. | Reduce -41.0% | 0.19% | −0.09 |
| AMAT Applied Materials Inc. | Reduce -37.4% | 0.41% | −0.08 |
| MMM 3M Co. | Reduce -17.6% | 0.24% | −0.08 |
| GEHC GE Healthcare Technology | Sold out | 0.00% | −0.08 |
| PFE Pfizer Inc. | Reduce -21.6% | 0.60% | −0.08 |
| GOOG Alphabet Inc. Class C | Reduce -44.5% | 0.08% | −0.08 |
| JCI Johnson Controls Internation | Reduce -22.4% | 0.43% | −0.08 |
| GSK GSK PLC-Spon ADR | Reduce -20.1% | 0.60% | −0.07 |
| C Citigroup Inc. | Reduce -9.8% | 0.46% | −0.06 |
| O Realty Income Corp. | Reduce -12.3% | 1.29% | −0.06 |
| DOC Healthpeak Properties Inc. | Reduce -48.3% | 0.07% | −0.06 |
| TSLA Tesla Inc. | Reduce -27.6% | 0.09% | −0.06 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.06 |
| GILD Gilead Sciences Inc. | Reduce -19.2% | 0.58% | −0.05 |
| VTR Ventas Inc. | Reduce -11.9% | 0.68% | −0.05 |
| KO The Coca-Cola Co. | Reduce -21.8% | 0.28% | −0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.05 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.04 |
| RTX RTX Corp. | Sold out | 0.00% | −0.04 |
| SYY Sysco Corp. | Sold out | 0.00% | −0.04 |
| UPS United Parcel Service Class B | Reduce -21.6% | 0.12% | −0.04 |
| NUE Nucor Corp. | Reduce -24.7% | 0.12% | −0.03 |
| KMI Kinder Morgan Inc. | Reduce -30.2% | 0.17% | −0.03 |
| DLR Digital Realty Trust Inc. | Reduce -31.1% | 0.11% | −0.03 |
| PGX Invesco Preferred ETF | Sold out | 0.00% | −0.03 |
| AXP American Express Co. | Reduce -13.7% | 0.06% | −0.02 |
Portfolio Buys Q4 2025 → Q1 2026
| VWO Vanguard Ftse Emerging Marke | New | 0.87% | +0.87 |
| JAAA Janus Henderson Aaa Clo ETF | Add +5.2% | 17.60% | +0.83 |
| ETR Entergy Corp. | Add +0.7% | 3.58% | +0.66 |
| TTE Totalenergies SE | Add +0.8% | 2.27% | +0.65 |
| VXUS Vanguard Total Intl Stock | New | 0.58% | +0.58 |
| VGK Vanguard Ftse Europe ETF | New | 0.56% | +0.56 |
| SO The Southern Co. | Add +3.6% | 2.56% | +0.33 |
| FE Firstenergy Corp. | Add +3.5% | 2.22% | +0.33 |
| EWZ iShares MSCI Brazil ETF | New | 0.30% | +0.30 |
| INDA iShares MSCI India ETF | New | 0.27% | +0.27 |
| DUK Duke Energy Corp. | Add +3.3% | 1.93% | +0.26 |
| EWY iShares MSCI South Korea ETF | New | 0.24% | +0.24 |
| XLE SS Energy Select Sector | Add +1.1% | 0.51% | +0.14 |
| VOO Vanguard S&P 500 ETF | New | 0.10% | +0.10 |
| SCHD Schwab US DVD Equity ETF | Add +4.8% | 0.66% | +0.10 |
| PEG Public Service Enterprise GP | Add +45.2% | 0.14% | +0.05 |
| COF Capital One Financial Corp. | Add +134.6% | 0.10% | +0.04 |
| MPC Marathon Petroleum Corp. | New | 0.04% | +0.04 |
| SNDK Sandisk Corp. | New | 0.04% | +0.04 |
| D Dominion Energy Inc. | Add +2.6% | 0.46% | +0.04 |
| IDU iShares US Utilities ETF | Add +1.0% | 0.44% | +0.03 |
| IRM Iron Mountain Inc. | Add +41.8% | 0.08% | +0.03 |
| SMH Vaneck Semiconductor ETF | Add +1.0% | 0.45% | +0.03 |
| IVV iShares Core S&P 500 ETF | Add +72.8% | 0.08% | +0.03 |
| T AT&T Inc. | Add +17.6% | 0.10% | +0.03 |
| NGG National Grid PLC-SP ADR | Add +2.7% | 0.23% | +0.03 |
| BP BP PLC-Spons ADR | Add +8.0% | 0.08% | +0.02 |
| SOLS Solstice Adv Materials Inc. | Add +0.4% | 0.07% | +0.02 |
| EPD Enterprise Products Partners | Add +6.2% | 0.10% | +0.02 |
| HII Huntington Ingalls Industrie | Add +1.2% | 0.09% | +0.01 |
| RSP Invesco S&P 500 Equal Weight | Add +4.7% | 0.20% | +0.01 |
| HSY The Hershey Co. | Add +0.9% | 0.06% | +0.01 |
| IXUS iShares Core Intl Stock ETF | Add +1.5% | 0.21% | +0.01 |
| PEP Pepsico Inc. | Add +1.0% | 0.08% | +0.01 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +0.3% | 0.23% | +0.01 |
| AZN Astrazeneca PLC | Add +1.2% | 0.09% | +0.01 |
| TXN Texas Instruments Inc. | Add +1.2% | 0.05% | +0.01 |
| MCD McDonald's Corp. | Add +10.2% | 0.05% | +0.01 |
| IWM iShares Russell 2000 ETF | Add +0.5% | 0.38% | +0.01 |
| LYG Lloyds Banking Group PLC-ADR | Add +27.5% | 0.02% | +0.00 |
| CMI Cummins Inc. | Add +1.0% | 0.05% | +0.00 |
| AMT American Tower Corp. | Add +1.8% | 0.04% | −0.00 |
| SWK Stanley Black & Decker Inc. | Add +0.6% | 0.05% | −0.00 |
| DIS The Walt Disney Co. | Add +4.6% | 0.04% | −0.01 |
| V Visa Inc. Class A | Add +7.0% | 0.08% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.5% | 0.29% | −0.01 |
| XLV SS Health Care Select Sector | Add +2.2% | 0.34% | −0.01 |
| VOX Vanguard Communication Servi | Add +1.0% | 0.17% | −0.01 |
| FINX Global X Fintech ETF | Add +1.0% | 0.05% | −0.01 |
| BUG Global X Cybersecurity ETF | Add +7.6% | 0.14% | −0.02 |
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 |