Alhambra Investment Management LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 15, 2024), Alhambra Investment Management LLC reported 174 stock positions worth $192.8 million. Its top holding was Apple (AAPL) at 6.7% of the portfolio, followed by Vngrd Mrngst SL-CP Val ETF-U (VBR, 3.2%) and Schwab Fndmntl US LRG Co. ETF (FNDX, 3.1%). Compared with Q2 2024, it opened 14 new positions, sold out of 9, added to 57 and reduced 51. The biggest buy was Vngrd Mrngst SL-CP Val ETF-U (VBR, shares +65%) and the biggest sale Vanguard Intermediate-Term T (VGIT, shares −49%).
- Most Recent 13F
- Q2 2026
- Location
- PALMETTO BAY, FL
- CIK
- 0001802696
- Portfolio Value
- $192.8M (Q3 2024)
- SEC Filing
- 0001802696-24-000006 ↗ filed Oct 15, 2024
Holdings Value
Holdings 174 stocks · $192.8M
| AAPL Apple Inc. | 6.67% | 55,160 | $12.9M | Reduce -0.1% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 3.22% | 30,966 | $6.2M | Add +65.0% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 3.10% | 83,229 | $6.0M | Add +16.5% |
| DGRO iShares Core Dividend Growth | 2.88% | 88,636 | $5.6M | Reduce -2.0% |
| COST Costco Wholesale Corp. | 2.81% | 6,110 | $5.4M | Reduce -0.3% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 2.66% | 137,202 | $5.1M | Reduce -2.0% |
| SPGP Invesco S&P 500 Garp ETF | 2.65% | 48,786 | $5.1M | Add +37.5% |
| IAU iShares Gold Trust | 2.51% | 97,516 | $4.8M | Reduce -18.9% |
| STIP iShares 0-5 Year Tips Bond E | 2.37% | 45,007 | $4.6M | Add +25.1% |
| SUB iShares Short-Term National | 2.35% | 42,678 | $4.5M | Reduce -5.3% |
| VGSH Vanguard Short-Term Treasury | 2.12% | 69,255 | $4.1M | Reduce -13.9% |
| REET iShares Global REIT ETF | 2.11% | 152,252 | $4.1M | Reduce -6.4% |
| VGIT Vanguard Intermediate-Term T | 2.04% | 65,130 | $3.9M | Reduce -49.3% |
| IJH iShares Core S&P Midcap ETF | 1.95% | 60,250 | $3.8M | Add +19.7% |
| MSFT Microsoft Corp. | 1.70% | 7,601 | $3.3M | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 1.67% | 19,402 | $3.2M | Reduce -3.1% |
| AGG iShares Core U.S. Aggregate | 1.66% | 31,644 | $3.2M | Reduce -3.5% |
| VNQ Vanguard Real Estate ETF | 1.54% | 30,550 | $3.0M | Reduce -2.5% |
| MUB iShares National Muni Bond E | 1.42% | 25,126 | $2.7M | Reduce -35.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.28% | 5,348 | $2.5M | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 1.26% | 14,575 | $2.4M | Reduce -0.2% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.25% | 26,203 | $2.4M | Add +864.8% |
| HD Home Depot Inc. | 1.23% | 5,852 | $2.4M | Add +2.6% |
| ISRG Intuitive Surgical Inc. | 1.15% | 4,500 | $2.2M | No change |
| BNDW Vanguard Total World Bond Et | 1.05% | 28,684 | $2.0M | Add +157.6% |
| QCOM Qualcomm Inc. | 1.02% | 11,571 | $2.0M | Add +39.0% |
| COMT iShares Gsci Commodity Dynam | 0.86% | 64,287 | $1.7M | Add +53.8% |
| JPM JPMorgan Chase & Co. | 0.86% | 7,853 | $1.7M | Add +2.9% |
| VXUS Vanguard Total Intl Stock | 0.81% | 24,215 | $1.6M | New |
| PEP Pepsico Inc. | 0.81% | 9,167 | $1.6M | Reduce -0.1% |
| JNJ Johnson & Johnson | 0.75% | 8,967 | $1.5M | No change |
| NEE Nextera Energy Inc. | 0.73% | 16,612 | $1.4M | No change |
| CSCO Cisco Systems Inc. | 0.69% | 24,855 | $1.3M | No change |
| ACWI iShares MSCI Acwi ETF | 0.67% | 10,854 | $1.3M | Add +0.8% |
| PYPL PayPal Holdings Inc. | 0.66% | 16,417 | $1.3M | Add +8.9% |
| ADBE Adobe Inc. | 0.66% | 2,460 | $1.3M | Add +86.9% |
| V Visa Inc. Class A | 0.65% | 4,554 | $1.3M | No change |
| GRMN Garmin Ltd. | 0.62% | 6,797 | $1.2M | Reduce -2.4% |
| GE General Electric filed as GE AEROSPACE | 0.61% | 6,214 | $1.2M | Reduce -2.0% |
| AMGN Amgen Inc. | 0.60% | 3,579 | $1.2M | Add +1.9% |
| MCD McDonald's Corp. | 0.56% | 3,570 | $1.1M | Add +3.1% |
| AXP American Express Co. | 0.56% | 3,990 | $1.1M | Reduce -0.6% |
| PNC PNC Financial Services Group | 0.56% | 5,791 | $1.1M | No change |
| SHEL Shell PLC-ADR | 0.54% | 15,756 | $1.0M | Add +56.6% |
| MRK Merck & Co. Inc. | 0.52% | 8,759 | $995K | Add +0.6% |
| PG The Procter & Gamble Co. | 0.51% | 5,719 | $991K | No change |
| AMZN Amazon.com Inc. | 0.49% | 5,054 | $942K | No change |
| PH Parker Hannifin Corp. | 0.49% | 1,490 | $941K | No change |
| SHY iShares 1-3 Year Treasury Bo | 0.49% | 11,274 | $937K | Add +0.1% |
| ORCL Oracle Corp. | 0.47% | 5,300 | $903K | No change |
| CI The Cigna Group | 0.47% | 2,600 | $901K | Add +25.4% |
| RTX RTX Corp. | 0.46% | 7,302 | $885K | No change |
| LOW Lowe's Cos Inc. | 0.46% | 3,266 | $885K | Add +5.3% |
| KO The Coca-Cola Co. | 0.46% | 12,253 | $880K | Reduce -0.1% |
| CSL Carlisle Cos Inc. | 0.45% | 1,918 | $863K | Reduce -1.3% |
| MMM 3M Co. | 0.44% | 6,275 | $858K | Reduce -1.3% |
| ADP Automatic Data Processing | 0.44% | 3,085 | $854K | Add +0.1% |
| NFLX Netflix Inc. | 0.44% | 1,191 | $845K | Add +1.9% |
| SONY Sony Group Corp. - SP ADR | 0.44% | 8,690 | $839K | Add +7.6% |
| WMT Walmart Inc. | 0.43% | 10,356 | $836K | No change |
| WOOD iShares Global Timber & Fore | 0.43% | 9,661 | $832K | Reduce -57.3% |
| BSV Vanguard Short-Term Bond ETF | 0.42% | 10,246 | $806K | Reduce -0.3% |
| ACN Accenture PLC Class A | 0.42% | 2,278 | $805K | No change |
| CVX Chevron Corp. | 0.41% | 5,409 | $797K | No change |
| TDS Telephone and Data Systems | 0.41% | 34,000 | $791K | No change |
| TAP Molson Coors Beverage Co. Class B | 0.39% | 12,949 | $745K | Add +9.5% |
| DHR Danaher Corp. | 0.38% | 2,641 | $734K | No change |
| ADSK Autodesk Inc. | 0.37% | 2,612 | $720K | Reduce -4.2% |
| CTSH Cognizant Tech Solutions-A | 0.37% | 9,295 | $717K | Reduce -1.3% |
| SYK Stryker Corp. | 0.37% | 1,968 | $711K | Add +0.5% |
| SBUX Starbucks Corp. | 0.37% | 7,279 | $710K | No change |
| GEHC GE Healthcare Technology | 0.36% | 7,463 | $700K | Add +1.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.36% | 5,852 | $688K | Add +0.1% |
| HSY The Hershey Co. | 0.34% | 3,414 | $655K | New |
| PDBC Invesco Optimum Yield Divers | 0.34% | 48,639 | $653K | Reduce -71.8% |
| YUM Yum! Brands Inc. | 0.33% | 4,589 | $641K | No change |
| IJR iShares Core S&P Small-Cap E | 0.33% | 5,400 | $632K | Add +3.4% |
| ABBV Abbvie Inc. | 0.32% | 3,135 | $619K | Add +0.1% |
| META Meta Platforms Inc. Class A | 0.32% | 1,079 | $618K | Add +7.5% |
| XOM Exxon Mobil Corp. | 0.32% | 5,243 | $615K | No change |
| JPST JPMorgan Ultra-Short Income | 0.32% | 12,060 | $612K | Reduce -9.4% |
| UNH Unitedhealth Group Inc. | 0.32% | 1,044 | $610K | No change |
| GSK GSK PLC-Spon ADR | 0.31% | 14,847 | $607K | Add +10.1% |
| CTAS Cintas Corp. | 0.30% | 2,828 | $582K | Reduce -4.7% |
| NVS Novartis AG-Sponsored ADR | 0.30% | 5,034 | $579K | No change |
| CCL Carnival Corp. | 0.30% | 31,136 | $575K | Add +66.3% |
| TRV The Travelers Cos Inc. | 0.29% | 2,420 | $567K | No change |
| GAP The Gap Inc. | 0.29% | 25,635 | $565K | Add +111.3% |
| ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN | 0.29% | 8,095 | $565K | New |
| ETN Eaton Corp. PLC | 0.29% | 1,690 | $560K | Add +1.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.29% | 5,822 | $560K | Reduce -21.5% |
| AFL Aflac Inc. | 0.29% | 4,970 | $556K | Reduce -0.4% |
| NOC Northrop Grumman Corp. | 0.29% | 1,048 | $553K | No change |
| TSLA Tesla Inc. | 0.28% | 2,100 | $549K | No change |
| BBY Best Buy Co. Inc. | 0.28% | 5,136 | $531K | Add +5.9% |
| GLD SPDR Gold Shares | 0.27% | 2,143 | $521K | Reduce -4.1% |
| TIP iShares Tips Bond ETF | 0.27% | 4,644 | $513K | Reduce -6.1% |
| TD Toronto-Dominion Bank | 0.27% | 8,101 | $512K | Reduce -6.1% |
| HALO Halozyme Therapeutics Inc. | 0.27% | 8,929 | $511K | Reduce -2.8% |
| RSG Republic Services Inc. | 0.26% | 2,472 | $496K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| VGIT Vanguard Intermediate-Term T | Reduce -49.3% | 2.04% | −2.06 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -93.7% | 0.12% | −1.71 |
| VNQI Vanguard GLBL Ex-US Real Est | Reduce -90.7% | 0.12% | −1.07 |
| PDBC Invesco Optimum Yield Divers | Reduce -71.8% | 0.34% | −0.99 |
| MUB iShares National Muni Bond E | Reduce -35.6% | 1.42% | −0.86 |
| IEO iShares U.S. Oil & Gas Explo | Sold out | 0.00% | −0.83 |
| WOOD iShares Global Timber & Fore | Reduce -57.3% | 0.43% | −0.54 |
| VGSH Vanguard Short-Term Treasury | Reduce -13.9% | 2.12% | −0.44 |
| IAU iShares Gold Trust | Reduce -18.9% | 2.51% | −0.38 |
| GOOGL Alphabet Inc. Class A | Reduce -3.1% | 1.67% | −0.33 |
| PPLI People Inc. | Sold out | 0.00% | −0.29 |
| LSXMK Liberty Media Corp.-Liber-New | Sold out | 0.00% | −0.26 |
| SUB iShares Short-Term National | Reduce -5.3% | 2.35% | −0.23 |
| GOOG Alphabet Inc. Class C | Reduce -0.2% | 1.26% | −0.20 |
| WNC Wabash National Corp. | Sold out | 0.00% | −0.18 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -49.3% | 0.17% | −0.17 |
| MKL Markel Group Inc. | Sold out | 0.00% | −0.17 |
| KHC The Kraft Heinz Co. | Sold out | 0.00% | −0.14 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.13 |
| INTC Intel Corp. | Sold out | 0.00% | −0.12 |
| DIS The Walt Disney Co. | Reduce -21.5% | 0.29% | −0.11 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.11 |
| AGG iShares Core U.S. Aggregate | Reduce -3.5% | 1.66% | −0.08 |
| KOF Coca-Cola Femsa Sab-SP ADR | Reduce -22.1% | 0.22% | −0.07 |
| GD General Dynamics Corp. | Reduce -34.9% | 0.11% | −0.06 |
| JPST JPMorgan Ultra-Short Income | Reduce -9.4% | 0.32% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -0.3% | 2.81% | −0.04 |
| LLY Eli Lilly & Co. | Reduce -9.7% | 0.21% | −0.04 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Reduce -2.0% | 2.66% | −0.03 |
| TIP iShares Tips Bond ETF | Reduce -6.1% | 0.27% | −0.02 |
| PEP Pepsico Inc. | Reduce -0.1% | 0.81% | −0.02 |
| TGT Target Corp. | Reduce -5.8% | 0.25% | −0.02 |
| BSV Vanguard Short-Term Bond ETF | Reduce -0.3% | 0.42% | −0.01 |
| BMY Bristol-Myers Squibb Co. | Reduce -17.7% | 0.19% | −0.01 |
| EPD Enterprise Products Partners | Reduce -0.2% | 0.11% | −0.01 |
| SCS Steelcase Inc. Class A | Reduce -0.8% | 0.17% | −0.00 |
| GRMN Garmin Ltd. | Reduce -2.4% | 0.62% | −0.00 |
| COF Capital One Financial Corp. | Reduce -2.7% | 0.16% | −0.00 |
| NKE Nike Inc. Class B | Reduce -9.6% | 0.14% | +0.00 |
| HALO Halozyme Therapeutics Inc. | Reduce -2.8% | 0.27% | +0.00 |
| MAC The Macerich Co. | Reduce -8.6% | 0.10% | +0.00 |
| ADSK Autodesk Inc. | Reduce -4.2% | 0.37% | +0.00 |
| PROSHARES VIX SHORT-TERM FUT | Reduce -1.0% | 0.08% | +0.00 |
| TD Toronto-Dominion Bank | Reduce -6.1% | 0.27% | +0.01 |
| GLD SPDR Gold Shares | Reduce -4.1% | 0.27% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Reduce -2.4% | 0.26% | +0.01 |
| CSL Carlisle Cos Inc. | Reduce -1.3% | 0.45% | +0.02 |
| CTAS Cintas Corp. | Reduce -4.7% | 0.30% | +0.02 |
| CTSH Cognizant Tech Solutions-A | Reduce -1.3% | 0.37% | +0.02 |
| DGRO iShares Core Dividend Growth | Reduce -2.0% | 2.88% | +0.03 |
Portfolio Buys Q2 2024 → Q3 2024
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +65.0% | 3.22% | +1.35 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +864.8% | 1.25% | +1.11 |
| VXUS Vanguard Total Intl Stock | New | 0.81% | +0.81 |
| SPGP Invesco S&P 500 Garp ETF | Add +37.5% | 2.65% | +0.65 |
| BNDW Vanguard Total World Bond Et | Add +157.6% | 1.05% | +0.64 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +16.5% | 3.10% | +0.48 |
| STIP iShares 0-5 Year Tips Bond E | Add +25.1% | 2.37% | +0.40 |
| HSY The Hershey Co. | New | 0.34% | +0.34 |
| IJH iShares Core S&P Midcap ETF | Add +19.7% | 1.95% | +0.33 |
| ZM Zoom Communications Inc. | New | 0.29% | +0.29 |
| ADBE Adobe Inc. | Add +86.9% | 0.66% | +0.26 |
| COMT iShares Gsci Commodity Dynam | Add +53.8% | 0.86% | +0.24 |
| SIRI Sirius XM Holdings Inc. | New | 0.21% | +0.21 |
| PYPL PayPal Holdings Inc. | Add +8.9% | 0.66% | +0.19 |
| HD Home Depot Inc. | Add +2.6% | 1.23% | +0.15 |
| CHWY Chewy Inc. Class A | New | 0.15% | +0.15 |
| SHEL Shell PLC-ADR | Add +56.6% | 0.54% | +0.14 |
| DHI D.R. Horton Inc. | New | 0.14% | +0.14 |
| GAP The Gap Inc. | Add +111.3% | 0.29% | +0.13 |
| EQT Eqt Corp. | New | 0.13% | +0.13 |
| MAT Mattel Inc. | New | 0.12% | +0.12 |
| PSA Public Storage | New | 0.12% | +0.12 |
| CARR Carrier Global Corp. | New | 0.12% | +0.12 |
| DUK Duke Energy Corp. | New | 0.12% | +0.12 |
| QCOM Qualcomm Inc. | Add +39.0% | 1.02% | +0.11 |
| VTIP Vanguard Short-Term Tips | New | 0.11% | +0.11 |
| COP Conocophillips | New | 0.11% | +0.11 |
| CCL Carnival Corp. | Add +66.3% | 0.30% | +0.11 |
| EOG EOG Resources Inc. | New | 0.11% | +0.11 |
| CI The Cigna Group | Add +25.4% | 0.47% | +0.09 |
| LOW Lowe's Cos Inc. | Add +5.3% | 0.46% | +0.08 |
| MCD McDonald's Corp. | Add +3.1% | 0.56% | +0.08 |
| VTRS Viatris Inc. | Add +40.6% | 0.25% | +0.08 |
| AEO American Eagle Outfitters | Add +38.2% | 0.25% | +0.08 |
| SONY Sony Group Corp. - SP ADR | Add +7.6% | 0.44% | +0.06 |
| TAP Molson Coors Beverage Co. Class B | Add +9.5% | 0.39% | +0.06 |
| YETI Yeti Holdings Inc. | Add +28.6% | 0.24% | +0.06 |
| BBY Best Buy Co. Inc. | Add +5.9% | 0.28% | +0.05 |
| GEHC GE Healthcare Technology | Add +1.4% | 0.36% | +0.05 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +33.3% | 0.21% | +0.05 |
| META Meta Platforms Inc. Class A | Add +7.5% | 0.32% | +0.04 |
| ADP Automatic Data Processing | Add +0.1% | 0.44% | +0.04 |
| GSK GSK PLC-Spon ADR | Add +10.1% | 0.31% | +0.03 |
| MDLZ Mondelez International Inc. Class A | Add +9.8% | 0.20% | +0.03 |
| ABBV Abbvie Inc. | Add +0.1% | 0.32% | +0.03 |
| PFE Pfizer Inc. | Add +17.5% | 0.20% | +0.03 |
| PLD Prologis Inc. | Add +3.1% | 0.26% | +0.02 |
| IJR iShares Core S&P Small-Cap E | Add +3.4% | 0.33% | +0.02 |
| IYR iShares US Real Estate ETF | Add +1.3% | 0.18% | +0.02 |
| AEP American Electric Power | Add +0.6% | 0.17% | +0.02 |
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 |