Ahl Investment Management, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 2, 2025), Ahl Investment Management, Inc. reported 68 stock positions worth $146.3 million. Its top holding was Microsoft (MSFT) at 6.1% of the portfolio, followed by Coca-Cola (KO, 5.6%) and JPMorgan Chase (JPM, 5.3%). Compared with Q2 2025, it opened 4 new positions, sold out of 6, added to 12 and reduced 38. The biggest buy was iShares National Muni Bond E (MUB, shares +20%) and the biggest sale Pgim SHRT Durat Hi YLD (SDHY, shares −58%).

Most Recent 13F
Q3 2025
Location
Winter Park, FL
CIK
0001908425
Portfolio Value
$146.3M (Q3 2025)
SEC Filing
0001172661-25-004152 ↗ filed Oct 2, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $130.4M Q1 2024 Q2 2024: $136.4M Q2 2024 Q3 2024: $145.0M Q3 2024 Q4 2024: $142.8M Q4 2024 Q1 2025: $145.1M Q1 2025 Q2 2025: $149.8M Q2 2025 Q3 2025: $146.3M $146.3M Q3 2025

Holdings 68 stocks · $146.3M

MSFT Microsoft Corp. 6.13% 17,306 $9.0M Reduce -9.3%
KO The Coca-Cola Co. 5.58% 123,003 $8.2M Add +7.4%
JPM JPMorgan Chase & Co. 5.28% 24,496 $7.7M Reduce -16.1%
PFFD Global X US Preferred ETF 5.27% 397,096 $7.7M Reduce -4.9%
SCHB Schwab US Broad Market ETF 5.07% 288,578 $7.4M Reduce -1.3%
AAPL Apple Inc. 5.02% 28,840 $7.3M Reduce -4.5%
XOM Exxon Mobil Corp. 3.36% 43,651 $4.9M Reduce -17.1%
NOC Northrop Grumman Corp. 3.24% 7,778 $4.7M Reduce -10.3%
ABBV Abbvie Inc. 3.02% 19,079 $4.4M Reduce -10.9%
SYK Stryker Corp. 2.75% 10,900 $4.0M Reduce -14.3%
JNJ Johnson & Johnson 2.60% 20,520 $3.8M Reduce -9.1%
EMR Emerson Electric Co. 2.45% 27,278 $3.6M Add +0.3%
AXP American Express Co. 2.44% 10,755 $3.6M Reduce -3.2%
SCHD Schwab US DVD Equity ETF 2.44% 130,497 $3.6M Reduce -1.7%
BSV Vanguard Short-Term Bond ETF 2.30% 42,709 $3.4M Reduce -4.9%
SCHF Schwab Intl Equity ETF 2.27% 142,920 $3.3M Reduce -3.2%
MUB iShares National Muni Bond E 2.18% 29,961 $3.2M Add +19.7%
CVS CVS Health Corp. 1.99% 38,684 $2.9M Reduce -2.7%
AMZN Amazon.com Inc. 1.86% 12,400 $2.7M Add +0.1%
NEE Nextera Energy Inc. 1.81% 35,040 $2.6M Add +1.6%
QCOM Qualcomm Inc. 1.77% 15,526 $2.6M Reduce -2.2%
PFE Pfizer Inc. 1.74% 100,112 $2.6M Add +5.7%
UNH Unitedhealth Group Inc. 1.69% 7,150 $2.5M Reduce -2.2%
SCHO Schwab Short-Term US Treas 1.63% 97,781 $2.4M Reduce -5.9%
VZ Verizon Communications Inc. 1.62% 53,924 $2.4M Add +29.7%
CVX Chevron Corp. 1.54% 14,532 $2.3M Reduce -7.7%
VTI VG Morningstar TS MKT ETF-US 1.38% 6,170 $2.0M Add +0.9%
SDHY Pgim SHRT Durat Hi YLD 1.38% 120,618 $2.0M Reduce -58.0%
MCD McDonald's Corp. 1.35% 6,519 $2.0M Reduce -2.5%
WMT Walmart Inc. 1.30% 18,385 $1.9M Reduce -0.5%
RTX RTX Corp. 1.27% 11,145 $1.9M Reduce -12.4%
CSCO Cisco Systems Inc. 1.25% 26,772 $1.8M Reduce -1.6%
TFC Truist Financial Corp. 1.25% 39,954 $1.8M Reduce -4.0%
ABT Abbott Laboratories 1.16% 12,664 $1.7M Reduce -11.9%
PEP Pepsico Inc. 0.87% 9,092 $1.3M Reduce -14.1%
CARR Carrier Global Corp. 0.86% 21,073 $1.3M Add +14.1%
GOOGL Alphabet Inc. Class A 0.82% 4,953 $1.2M Reduce -5.9%
NUW Nuveen Amt-Free Muni Val 0.79% 81,149 $1.2M Reduce -11.9%
OTIS Otis Worldwide Corp. 0.79% 12,579 $1.2M Add +115.7%
KEY Keycorp 0.62% 48,695 $910K Reduce -4.4%
SCHZ Schwab US Aggregate Bond ETF 0.57% 35,630 $836K Add +0.2%
USB US Bancorp 0.56% 17,046 $824K Reduce -2.4%
AVGO Broadcom Inc. 0.52% 2,310 $762K No change
T AT&T Inc. 0.45% 23,190 $655K Reduce -49.0%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.45% 7,497 $654K Reduce -4.5%
SCYB Schwab High Yield Bond ETF 0.38% 20,759 $555K New
XLF SS Financial Select Sector 0.37% 10,043 $541K No change
SCHA Schwab US Small-Cap ETF 0.35% 18,164 $507K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.33% 726 $484K Add +6.8%
SCHX Schwab US Large-Cap ETF 0.31% 17,440 $459K No change
SCHG Schwab US Large-Cap Growth 0.31% 14,040 $448K No change
HD Home Depot Inc. 0.28% 1,021 $414K Reduce -8.3%
COP Conocophillips 0.26% 4,072 $385K Reduce -12.3%
EFA iShares MSCI Eafe ETF 0.25% 3,869 $361K No change
SCHV Schwab US Large-Cap Value 0.24% 12,114 $353K No change
KLAC KLA Corp. 0.22% 300 $324K No change
XLE SS Energy Select Sector 0.21% 3,382 $302K No change
NVDA Nvidia Corp. 0.20% 1,550 $289K No change
DRI Darden Restaurants Inc. 0.20% 1,500 $286K No change
META Meta Platforms Inc. Class A 0.17% 340 $250K Reduce -4.0%
BLK BlackRock Inc. 0.17% 209 $244K Reduce -8.3%
IWV iShares Russell 3000 ETF 0.16% 633 $240K Reduce -17.6%
MRK Merck & Co. Inc. 0.15% 2,655 $223K No change
ETN Eaton Corp. PLC 0.15% 584 $219K No change
IWM iShares Russell 2000 ETF 0.15% 900 $218K New
SCHE Schwab Emrg Mrkts Eqty ETF 0.15% 6,439 $215K New
GPC Genuine Parts Co. 0.14% 1,490 $207K New
ARES Ares Management Corp. Class A 0.14% 1,269 $203K No change

Portfolio Sells Q2 2025 → Q3 2025

SDHY Pgim SHRT Durat Hi YLD Reduce -58.0% 1.38% −1.85
NZF Nuveen Municipal Credit Inc. Sold out 0.00% −1.65
SYK Stryker Corp. Reduce -14.3% 2.75% −0.60
T AT&T Inc. Reduce -49.0% 0.45% −0.43
XOM Exxon Mobil Corp. Reduce -17.1% 3.36% −0.42
JPM JPMorgan Chase & Co. Reduce -16.1% 5.28% −0.37
EOT Eaton Vance National Municip Sold out 0.00% −0.22
MSFT Microsoft Corp. Reduce -9.3% 6.13% −0.21
BAC Bank of America Corp. Sold out 0.00% −0.19
DIS The Walt Disney Co. Sold out 0.00% −0.18
PG The Procter & Gamble Co. Sold out 0.00% −0.16
ABT Abbott Laboratories Reduce -11.9% 1.16% −0.15
AXON Axon Enterprise Inc. Sold out 0.00% −0.14
PEP Pepsico Inc. Reduce -14.1% 0.87% −0.06
SCHO Schwab Short-Term US Treas Reduce -5.9% 1.63% −0.06
BSV Vanguard Short-Term Bond ETF Reduce -4.9% 2.30% −0.06
NUW Nuveen Amt-Free Muni Val Reduce -11.9% 0.79% −0.05
IWV iShares Russell 3000 ETF Reduce -17.6% 0.16% −0.02
COP Conocophillips Reduce -12.3% 0.26% −0.01
CSCO Cisco Systems Inc. Reduce -1.6% 1.25% −0.01
META Meta Platforms Inc. Class A Reduce -4.0% 0.17% −0.00
BLK BlackRock Inc. Reduce -8.3% 0.17% +0.01
HD Home Depot Inc. Reduce -8.3% 0.28% +0.01
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -4.5% 0.45% +0.02
PFFD Global X US Preferred ETF Reduce -4.9% 5.27% +0.02
KEY Keycorp Reduce -4.4% 0.62% +0.03
RTX RTX Corp. Reduce -12.4% 1.27% +0.03
USB US Bancorp Reduce -2.4% 0.56% +0.04
CVX Chevron Corp. Reduce -7.7% 1.54% +0.04
MCD McDonald's Corp. Reduce -2.5% 1.35% +0.05
TFC Truist Financial Corp. Reduce -4.0% 1.25% +0.05
AXP American Express Co. Reduce -3.2% 2.44% +0.08
QCOM Qualcomm Inc. Reduce -2.2% 1.77% +0.08
SCHD Schwab US DVD Equity ETF Reduce -1.7% 2.44% +0.09
WMT Walmart Inc. Reduce -0.5% 1.30% +0.09
SCHF Schwab Intl Equity ETF Reduce -3.2% 2.27% +0.10
CVS CVS Health Corp. Reduce -2.7% 1.99% +0.16
UNH Unitedhealth Group Inc. Reduce -2.2% 1.69% +0.17
GOOGL Alphabet Inc. Class A Reduce -5.9% 0.82% +0.20
JNJ Johnson & Johnson Reduce -9.1% 2.60% +0.30
NOC Northrop Grumman Corp. Reduce -10.3% 3.24% +0.35
ABBV Abbvie Inc. Reduce -10.9% 3.02% +0.37
SCHB Schwab US Broad Market ETF Reduce -1.3% 5.07% +0.42
AAPL Apple Inc. Reduce -4.5% 5.02% +0.88

Portfolio Buys Q2 2025 → Q3 2025

MUB iShares National Muni Bond E Add +19.7% 2.18% +0.44
VZ Verizon Communications Inc. Add +29.7% 1.62% +0.42
OTIS Otis Worldwide Corp. Add +115.7% 0.79% +0.40
SCYB Schwab High Yield Bond ETF New 0.38% +0.38
PFE Pfizer Inc. Add +5.7% 1.74% +0.21
NEE Nextera Energy Inc. Add +1.6% 1.81% +0.21
KO The Coca-Cola Co. Add +7.4% 5.58% +0.17
IWM iShares Russell 2000 ETF New 0.15% +0.15
SCHE Schwab Emrg Mrkts Eqty ETF New 0.15% +0.15
VTI VG Morningstar TS MKT ETF-US Add +0.9% 1.38% +0.14
GPC Genuine Parts Co. New 0.14% +0.14
SPY SS SPDR S&P 500 ETF Trust-US Add +6.8% 0.33% +0.05
AMZN Amazon.com Inc. Add +0.1% 1.86% +0.05
EMR Emerson Electric Co. Add +0.3% 2.45% +0.03
SCHZ Schwab US Aggregate Bond ETF Add +0.2% 0.57% +0.02
CARR Carrier Global Corp. Add +14.1% 0.86% −0.04

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2025 68$146.3MMSFT, KO, JPM, PFFD, SCHB
Q2 2025 70$149.8MMSFT, JPM, KO, PFFD, SCHB
Q1 2025 68$145.1MKO, PFFD, JPM, MSFT, AAPL
Q4 2024 68$142.8MAAPL, JPM, MSFT, PFFD, KO
Q3 2024 66$145.0MKO, MSFT, AAPL, JPM, PFFD
Q2 2024 67$136.4MMSFT, KO, PFFD, AAPL, JPM
Q1 2024 65$130.4MMSFT, KO, PFFD, JPM, XOM