Alhambra Investment Management LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 15, 2024), Alhambra Investment Management LLC reported 169 stock positions worth $182.6 million. Its top holding was Apple (AAPL) at 6.4% of the portfolio, followed by Vanguard Intermediate-Term T (VGIT, 4.1%) and iShares Gold Trust (IAU, 2.9%). Compared with Q1 2024, it opened 20 new positions, sold out of 12, added to 46 and reduced 65. The biggest buy was a new position in iShares 0-5 Year Tips Bond E (STIP) and the biggest sale Vanguard Real Estate ETF (VNQ, shares −58%).
- Most Recent 13F
- Q2 2026
- Location
- PALMETTO BAY, FL
- CIK
- 0001802696
- Portfolio Value
- $182.6M (Q2 2024)
- SEC Filing
- 0001802696-24-000004 ↗ filed Jul 15, 2024
Holdings Value
Holdings 169 stocks · $182.6M
| AAPL Apple Inc. | 6.37% | 55,234 | $11.6M | Reduce -0.3% |
| VGIT Vanguard Intermediate-Term T | 4.10% | 128,528 | $7.5M | Reduce -30.8% |
| IAU iShares Gold Trust | 2.89% | 120,261 | $5.3M | Reduce -19.8% |
| DGRO iShares Core Dividend Growth | 2.85% | 90,405 | $5.2M | Add +200.6% |
| COST Costco Wholesale Corp. | 2.85% | 6,126 | $5.2M | Reduce -1.4% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 2.69% | 140,006 | $4.9M | Add +78.4% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 2.62% | 71,443 | $4.8M | Add +212.2% |
| SUB iShares Short-Term National | 2.58% | 45,055 | $4.7M | Reduce -6.1% |
| VGSH Vanguard Short-Term Treasury | 2.56% | 80,452 | $4.7M | Reduce -2.9% |
| MUB iShares National Muni Bond E | 2.28% | 39,020 | $4.2M | Reduce -31.6% |
| REET iShares Global REIT ETF | 2.07% | 162,603 | $3.8M | Reduce -18.2% |
| GOOGL Alphabet Inc. Class A | 2.00% | 20,030 | $3.6M | Add +0.4% |
| SPGP Invesco S&P 500 Garp ETF | 2.00% | 35,484 | $3.6M | Add +76.9% |
| STIP iShares 0-5 Year Tips Bond E | 1.96% | 35,980 | $3.6M | New |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.88% | 18,772 | $3.4M | Add +59.8% |
| MSFT Microsoft Corp. | 1.86% | 7,585 | $3.4M | Reduce -1.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.83% | 15,319 | $3.3M | Add +55.0% |
| AGG iShares Core U.S. Aggregate | 1.74% | 32,801 | $3.2M | Reduce -3.5% |
| IJH iShares Core S&P Midcap ETF | 1.61% | 50,327 | $2.9M | Add +95.0% |
| GOOG Alphabet Inc. Class C | 1.47% | 14,600 | $2.7M | No change |
| VNQ Vanguard Real Estate ETF | 1.44% | 31,328 | $2.6M | Reduce -57.7% |
| PDBC Invesco Optimum Yield Divers | 1.33% | 172,538 | $2.4M | Reduce -34.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.19% | 5,355 | $2.2M | Add +1.0% |
| VNQI Vanguard GLBL Ex-US Real Est | 1.19% | 53,626 | $2.2M | Reduce -7.2% |
| ISRG Intuitive Surgical Inc. | 1.10% | 4,500 | $2.0M | No change |
| HD Home Depot Inc. | 1.08% | 5,706 | $2.0M | Add +0.4% |
| WOOD iShares Global Timber & Fore | 0.97% | 22,622 | $1.8M | Reduce -19.1% |
| QCOM Qualcomm Inc. | 0.91% | 8,325 | $1.7M | Reduce -0.6% |
| JPM JPMorgan Chase & Co. | 0.85% | 7,630 | $1.5M | Add +0.2% |
| PEP Pepsico Inc. | 0.83% | 9,177 | $1.5M | Add +0.2% |
| IEO iShares U.S. Oil & Gas Explo | 0.83% | 15,169 | $1.5M | Reduce -16.0% |
| JNJ Johnson & Johnson | 0.72% | 8,967 | $1.3M | Reduce -2.7% |
| ACWI iShares MSCI Acwi ETF | 0.66% | 10,763 | $1.2M | Add +42.9% |
| V Visa Inc. Class A | 0.65% | 4,554 | $1.2M | Reduce -3.3% |
| CSCO Cisco Systems Inc. | 0.65% | 24,855 | $1.2M | Reduce -12.4% |
| NEE Nextera Energy Inc. | 0.64% | 16,612 | $1.2M | Reduce -0.2% |
| COMT iShares Gsci Commodity Dynam | 0.63% | 41,794 | $1.1M | New |
| GRMN Garmin Ltd. | 0.62% | 6,965 | $1.1M | Reduce -10.4% |
| AMGN Amgen Inc. | 0.60% | 3,513 | $1.1M | Add +9.2% |
| MRK Merck & Co. Inc. | 0.59% | 8,704 | $1.1M | Add +0.3% |
| GE General Electric filed as GE AEROSPACE | 0.55% | 6,339 | $1.0M | Reduce -30.5% |
| AMZN Amazon.com Inc. | 0.54% | 5,054 | $977K | Add +1.2% |
| PG The Procter & Gamble Co. | 0.52% | 5,719 | $943K | Reduce -0.0% |
| AXP American Express Co. | 0.51% | 4,015 | $930K | Reduce -3.6% |
| SHY iShares 1-3 Year Treasury Bo | 0.50% | 11,267 | $920K | Reduce -16.0% |
| PNC PNC Financial Services Group | 0.49% | 5,791 | $900K | Add +0.6% |
| MCD McDonald's Corp. | 0.48% | 3,464 | $883K | Add +0.6% |
| PYPL PayPal Holdings Inc. | 0.48% | 15,077 | $875K | New |
| CVX Chevron Corp. | 0.46% | 5,409 | $846K | Reduce -6.6% |
| NFLX Netflix Inc. | 0.43% | 1,169 | $789K | Add +29.7% |
| BSV Vanguard Short-Term Bond ETF | 0.43% | 10,272 | $788K | Reduce -1.3% |
| CSL Carlisle Cos Inc. | 0.43% | 1,943 | $787K | Reduce -2.0% |
| KO The Coca-Cola Co. | 0.43% | 12,263 | $781K | No change |
| BNDW Vanguard Total World Bond Et | 0.41% | 11,134 | $757K | Add +12.1% |
| PH Parker Hannifin Corp. | 0.41% | 1,490 | $754K | Reduce -2.9% |
| ORCL Oracle Corp. | 0.41% | 5,300 | $748K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.40% | 7,417 | $736K | Add +2.8% |
| ADP Automatic Data Processing | 0.40% | 3,081 | $735K | Add +0.4% |
| RTX RTX Corp. | 0.40% | 7,302 | $733K | Reduce -0.0% |
| ADBE Adobe Inc. | 0.40% | 1,316 | $731K | Add +0.4% |
| SHEL Shell PLC-ADR | 0.40% | 10,060 | $726K | Reduce -3.7% |
| TDS Telephone and Data Systems | 0.39% | 34,000 | $705K | Reduce -46.9% |
| WMT Walmart Inc. | 0.38% | 10,356 | $701K | No change |
| ACN Accenture PLC Class A | 0.38% | 2,278 | $691K | Reduce -1.3% |
| SONY Sony Group Corp. - SP ADR | 0.38% | 8,079 | $686K | New |
| CI The Cigna Group | 0.38% | 2,073 | $685K | No change |
| LOW Lowe's Cos Inc. | 0.37% | 3,100 | $683K | No change |
| ADSK Autodesk Inc. | 0.37% | 2,727 | $675K | Reduce -23.2% |
| JPST JPMorgan Ultra-Short Income | 0.37% | 13,310 | $672K | Reduce -3.6% |
| SYK Stryker Corp. | 0.36% | 1,958 | $666K | No change |
| DHR Danaher Corp. | 0.36% | 2,641 | $660K | Reduce -0.0% |
| MMM 3M Co. | 0.36% | 6,355 | $649K | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.35% | 5,844 | $643K | Add +5.8% |
| CTSH Cognizant Tech Solutions-A | 0.35% | 9,417 | $640K | Reduce -34.7% |
| IEI iShares 3-7 Year Treasury Bo | 0.34% | 5,371 | $620K | Reduce -29.4% |
| YUM Yum! Brands Inc. | 0.33% | 4,589 | $608K | Reduce -6.1% |
| XOM Exxon Mobil Corp. | 0.33% | 5,243 | $604K | Reduce -15.2% |
| TAP Molson Coors Beverage Co. Class B | 0.33% | 11,830 | $601K | Add +43.0% |
| GEHC GE Healthcare Technology | 0.31% | 7,363 | $574K | Reduce -6.0% |
| SBUX Starbucks Corp. | 0.31% | 7,279 | $567K | Reduce -0.8% |
| IJR iShares Core S&P Small-Cap E | 0.31% | 5,225 | $557K | Add +0.3% |
| ABBV Abbvie Inc. | 0.29% | 3,131 | $537K | Add +21.6% |
| NVS Novartis AG-Sponsored ADR | 0.29% | 5,034 | $536K | No change |
| PPLI People Inc. filed as IAC INC | 0.29% | 11,357 | $532K | Add +5.8% |
| UNH Unitedhealth Group Inc. | 0.29% | 1,044 | $532K | No change |
| TIP iShares Tips Bond ETF | 0.29% | 4,944 | $528K | Reduce -3.4% |
| ETN Eaton Corp. PLC | 0.29% | 1,670 | $524K | Reduce -2.0% |
| CTAS Cintas Corp. | 0.28% | 742 | $520K | Reduce -6.9% |
| GSK GSK PLC-Spon ADR | 0.28% | 13,481 | $519K | Reduce -11.3% |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.28% | 6,032 | $518K | Add +19.5% |
| META Meta Platforms Inc. Class A | 0.28% | 1,004 | $506K | Add +6.6% |
| TRV The Travelers Cos Inc. | 0.27% | 2,420 | $492K | No change |
| TGT Target Corp. | 0.27% | 3,272 | $484K | Add +0.6% |
| HALO Halozyme Therapeutics Inc. | 0.26% | 9,190 | $481K | New |
| GLD SPDR Gold Shares | 0.26% | 2,235 | $481K | Reduce -12.0% |
| RSG Republic Services Inc. | 0.26% | 2,472 | $480K | No change |
| TD Toronto-Dominion Bank | 0.26% | 8,626 | $474K | Reduce -4.1% |
| LSXMK Liberty Media Corp.-Liber-New | 0.26% | 21,194 | $470K | New |
| LLY Eli Lilly & Co. | 0.26% | 515 | $466K | No change |
| NOC Northrop Grumman Corp. | 0.25% | 1,048 | $457K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| VNQ Vanguard Real Estate ETF | Reduce -57.7% | 1.44% | −2.07 |
| VGIT Vanguard Intermediate-Term T | Reduce -30.8% | 4.10% | −1.85 |
| IEF iShares 7-10 Year Treasury B | Sold out | 0.00% | −1.39 |
| DES Wisdomtree US Smallcap Divid | Sold out | 0.00% | −1.20 |
| PDN Inv Rafi Dev MKT US SM-Usdin | Sold out | 0.00% | −1.17 |
| MUB iShares National Muni Bond E | Reduce -31.6% | 2.28% | −1.08 |
| CSX CSX Corp. | Reduce -80.4% | 0.15% | −0.68 |
| PDBC Invesco Optimum Yield Divers | Reduce -34.2% | 1.33% | −0.66 |
| IAU iShares Gold Trust | Reduce -19.8% | 2.89% | −0.55 |
| REET iShares Global REIT ETF | Reduce -18.2% | 2.07% | −0.50 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.35 |
| BMY Bristol-Myers Squibb Co. | Reduce -51.0% | 0.20% | −0.33 |
| GE General Electric | Reduce -30.5% | 0.55% | −0.32 |
| WOOD iShares Global Timber & Fore | Reduce -19.1% | 0.97% | −0.32 |
| IYR iShares US Real Estate ETF | Reduce -61.7% | 0.16% | −0.26 |
| IEO iShares U.S. Oil & Gas Explo | Reduce -16.0% | 0.83% | −0.23 |
| CTSH Cognizant Tech Solutions-A | Reduce -34.7% | 0.35% | −0.23 |
| RWX State Street SPDR Dow Jones | Sold out | 0.00% | −0.22 |
| GNW Genworth Financial Inc. | Reduce -79.4% | 0.05% | −0.21 |
| UNM Unum Group | Sold out | 0.00% | −0.18 |
| TDS Telephone and Data Systems | Reduce -46.9% | 0.39% | −0.17 |
| SUB iShares Short-Term National | Reduce -6.1% | 2.58% | −0.17 |
| MAC The Macerich Co. | Reduce -56.3% | 0.10% | −0.16 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −0.14 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -29.4% | 0.34% | −0.14 |
| VNQI Vanguard GLBL Ex-US Real Est | Reduce -7.2% | 1.19% | −0.14 |
| ADSK Autodesk Inc. | Reduce -23.2% | 0.37% | −0.14 |
| FN Fabrinet | Sold out | 0.00% | −0.13 |
| CSCO Cisco Systems Inc. | Reduce -12.4% | 0.65% | −0.13 |
| DHI D.R. Horton Inc. | Sold out | 0.00% | −0.12 |
| KHC The Kraft Heinz Co. | Reduce -37.9% | 0.14% | −0.12 |
| MCK McKesson Corp. | Sold out | 0.00% | −0.12 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.12 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -16.0% | 0.50% | −0.10 |
| JNJ Johnson & Johnson | Reduce -2.7% | 0.72% | −0.08 |
| AGG iShares Core U.S. Aggregate | Reduce -3.5% | 1.74% | −0.08 |
| GEHC GE Healthcare Technology | Reduce -6.0% | 0.31% | −0.07 |
| VGSH Vanguard Short-Term Treasury | Reduce -2.9% | 2.56% | −0.07 |
| GSK GSK PLC-Spon ADR | Reduce -11.3% | 0.28% | −0.07 |
| GAP The Gap Inc. | Reduce -18.6% | 0.16% | −0.07 |
| V Visa Inc. Class A | Reduce -3.3% | 0.65% | −0.06 |
| XOM Exxon Mobil Corp. | Reduce -15.2% | 0.33% | −0.06 |
| ACN Accenture PLC Class A | Reduce -1.3% | 0.38% | −0.06 |
| SBUX Starbucks Corp. | Reduce -0.8% | 0.31% | −0.06 |
| PH Parker Hannifin Corp. | Reduce -2.9% | 0.41% | −0.05 |
| VZ Verizon Communications Inc. | Reduce -21.0% | 0.16% | −0.05 |
| PLD Prologis Inc. | Reduce -2.0% | 0.23% | −0.04 |
| YUM Yum! Brands Inc. | Reduce -6.1% | 0.33% | −0.04 |
| TD Toronto-Dominion Bank | Reduce -4.1% | 0.26% | −0.04 |
| CVX Chevron Corp. | Reduce -6.6% | 0.46% | −0.04 |
Portfolio Buys Q1 2024 → Q2 2024
| STIP iShares 0-5 Year Tips Bond E | New | 1.96% | +1.96 |
| DGRO iShares Core Dividend Growth | Add +200.6% | 2.85% | +1.90 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +212.2% | 2.62% | +1.78 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +78.4% | 2.69% | +1.16 |
| SPGP Invesco S&P 500 Garp ETF | Add +76.9% | 2.00% | +0.83 |
| IJH iShares Core S&P Midcap ETF | Add +95.0% | 1.61% | +0.76 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +59.8% | 1.88% | +0.64 |
| COMT iShares Gsci Commodity Dynam | New | 0.63% | +0.63 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +55.0% | 1.83% | +0.59 |
| PYPL PayPal Holdings Inc. | New | 0.48% | +0.48 |
| SONY Sony Group Corp. - SP ADR | New | 0.38% | +0.38 |
| MMM 3M Co. | New | 0.36% | +0.36 |
| GOOGL Alphabet Inc. Class A | Add +0.4% | 2.00% | +0.35 |
| HALO Halozyme Therapeutics Inc. | New | 0.26% | +0.26 |
| LSXMK Liberty Media Corp.-Liber-New | New | 0.26% | +0.26 |
| BBY Best Buy Co. Inc. | New | 0.22% | +0.22 |
| ACWI iShares MSCI Acwi ETF | Add +42.9% | 0.66% | +0.21 |
| CCL Carnival Corp. | New | 0.19% | +0.19 |
| YETI Yeti Holdings Inc. | New | 0.18% | +0.18 |
| GRBK Green Brick Partners Inc. | New | 0.18% | +0.18 |
| VTEB Vanguard Tax-Exempt Bond ETF | New | 0.16% | +0.16 |
| PDD PDD Holdings Inc. | New | 0.16% | +0.16 |
| AEP American Electric Power | New | 0.15% | +0.15 |
| NFLX Netflix Inc. | Add +29.7% | 0.43% | +0.13 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.13% | +0.13 |
| TKO Tko Group Holdings Inc. | New | 0.12% | +0.12 |
| ROST Ross Stores Inc. | New | 0.12% | +0.12 |
| NVDA Nvidia Corp. | New | 0.12% | +0.12 |
| CRM Salesforce Inc. | New | 0.11% | +0.11 |
| AMGN Amgen Inc. | Add +9.2% | 0.60% | +0.10 |
| PROSHARES VIX SHORT-TERM FUT | New | 0.07% | +0.07 |
| KMI Kinder Morgan Inc. | Add +48.1% | 0.17% | +0.06 |
| TJX TJX Companies Inc. | Add +5.8% | 0.35% | +0.05 |
| AMZN Amazon.com Inc. | Add +1.2% | 0.54% | +0.04 |
| BNDW Vanguard Total World Bond Et | Add +12.1% | 0.41% | +0.04 |
| MKL Markel Group Inc. | Add +28.9% | 0.17% | +0.04 |
| ADBE Adobe Inc. | Add +0.4% | 0.40% | +0.04 |
| ABBV Abbvie Inc. | Add +21.6% | 0.29% | +0.04 |
| PFE Pfizer Inc. | Add +25.2% | 0.17% | +0.04 |
| META Meta Platforms Inc. Class A | Add +6.6% | 0.28% | +0.03 |
| TAP Molson Coors Beverage Co. Class B | Add +43.0% | 0.33% | +0.03 |
| AIQ Global X Art Intel & Tech | Add +4.5% | 0.20% | +0.02 |
| KOF Coca-Cola Femsa Sab-SP ADR | Add +19.5% | 0.28% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +0.2% | 0.85% | +0.01 |
| VTRS Viatris Inc. | Add +19.4% | 0.17% | +0.01 |
| WNC Wabash National Corp. | Add +43.3% | 0.18% | +0.01 |
| BAC Bank of America Corp. | Add +0.9% | 0.14% | +0.01 |
| SCS Steelcase Inc. Class A | Add +5.5% | 0.17% | +0.01 |
| GD General Dynamics Corp. | Add +0.4% | 0.18% | +0.01 |
| LMT Lockheed Martin Corp. | Add +0.8% | 0.13% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 182 | $229.1M | AAPL, FNDX, DGRO, STIP, GOOGL |
| Q1 2026 | 176 | $216.6M | AAPL, FNDX, DGRO, STIP, FNDF |
| Q4 2025 | 175 | $215.0M | AAPL, FNDX, DGRO, STIP, GOOGL |
| Q3 2025 | 178 | $210.6M | AAPL, FNDX, DGRO, STIP, SPGP |
| Q2 2025 | 180 | $201.7M | AAPL, FNDX, DGRO, COST, STIP |
| Q1 2025 | 163 | $194.1M | AAPL, FNDX, VBR, DGRO, COST |
| Q4 2024 | 166 | $195.0M | AAPL, VBR, FNDX, DGRO, COST |
| Q3 2024 | 174 | $192.8M | AAPL, VBR, FNDX, DGRO, COST |
| Q2 2024 | 169 | $182.6M | AAPL, VGIT, IAU, DGRO, COST |
| Q1 2024 | 161 | $182.9M | VGIT, AAPL, VNQ, IAU, MUB |