Alhambra Investment Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 15, 2025), Alhambra Investment Management LLC reported 166 stock positions worth $195.0 million. Its top holding was Apple (AAPL) at 7.1% of the portfolio, followed by Vngrd Mrngst SL-CP Val ETF-U (VBR, 4.1%) and Schwab Fndmntl US LRG Co. ETF (FNDX, 3.8%). Compared with Q3 2024, it opened 10 new positions, sold out of 18, added to 49 and reduced 62. The biggest buy was Vngrd Mrngst SL-CP Val ETF-U (VBR, shares +31%) and the biggest sale an exit from iShares Global Timber & Fore (WOOD).
- Most Recent 13F
- Q2 2026
- Location
- PALMETTO BAY, FL
- CIK
- 0001802696
- Portfolio Value
- $195.0M (Q4 2024)
- SEC Filing
- 0001802696-25-000001 ↗ filed Jan 15, 2025
Holdings Value
Holdings 166 stocks · $195.0M
| AAPL Apple Inc. | 7.06% | 54,941 | $13.8M | Reduce -0.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 4.13% | 40,676 | $8.1M | Add +31.4% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 3.81% | 313,653 | $7.4M | Add +25.6% |
| DGRO iShares Core Dividend Growth | 3.25% | 103,411 | $6.3M | Add +16.7% |
| COST Costco Wholesale Corp. | 2.86% | 6,090 | $5.6M | Reduce -0.3% |
| STIP iShares 0-5 Year Tips Bond E | 2.77% | 53,729 | $5.4M | Add +19.4% |
| SPGP Invesco S&P 500 Garp ETF | 2.58% | 47,987 | $5.0M | Reduce -1.6% |
| IAU iShares Gold Trust | 2.39% | 94,185 | $4.7M | Reduce -3.4% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 2.31% | 135,722 | $4.5M | Reduce -1.1% |
| SUB iShares Short-Term National | 2.23% | 41,206 | $4.3M | Reduce -3.5% |
| REET iShares Global REIT ETF | 2.08% | 169,155 | $4.1M | Add +11.1% |
| VGSH Vanguard Short-Term Treasury | 2.06% | 68,953 | $4.0M | Reduce -0.4% |
| IJH iShares Core S&P Midcap ETF | 2.03% | 63,395 | $4.0M | Add +5.2% |
| GOOGL Alphabet Inc. Class A | 1.90% | 19,581 | $3.7M | Add +0.9% |
| VNQ Vanguard Real Estate ETF | 1.87% | 40,960 | $3.6M | Add +34.1% |
| VGIT Vanguard Intermediate-Term T | 1.70% | 57,018 | $3.3M | Reduce -12.5% |
| MSFT Microsoft Corp. | 1.64% | 7,602 | $3.2M | Add +0.0% |
| AGG iShares Core U.S. Aggregate | 1.55% | 31,090 | $3.0M | Reduce -1.8% |
| BNDW Vanguard Total World Bond Et | 1.46% | 41,628 | $2.8M | Add +45.1% |
| GOOG Alphabet Inc. Class C | 1.42% | 14,575 | $2.8M | No change |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.36% | 28,984 | $2.7M | Add +10.6% |
| VXUS Vanguard Total Intl Stock | 1.30% | 42,912 | $2.5M | Add +77.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.25% | 5,372 | $2.4M | Add +0.5% |
| MUB iShares National Muni Bond E | 1.24% | 22,689 | $2.4M | Reduce -9.7% |
| ISRG Intuitive Surgical Inc. | 1.20% | 4,500 | $2.3M | No change |
| HD Home Depot Inc. | 1.19% | 5,986 | $2.3M | Add +2.3% |
| JPM JPMorgan Chase & Co. | 0.96% | 7,823 | $1.9M | Reduce -0.4% |
| QCOM Qualcomm Inc. | 0.88% | 11,219 | $1.7M | Reduce -3.0% |
| COMT iShares Gsci Commodity Dynam | 0.84% | 64,779 | $1.6M | Add +0.8% |
| CSCO Cisco Systems Inc. | 0.75% | 24,855 | $1.5M | No change |
| V Visa Inc. Class A | 0.74% | 4,554 | $1.4M | No change |
| PEP Pepsico Inc. | 0.71% | 9,167 | $1.4M | No change |
| PYPL PayPal Holdings Inc. | 0.71% | 16,179 | $1.4M | Reduce -1.4% |
| JNJ Johnson & Johnson | 0.67% | 9,087 | $1.3M | Add +1.3% |
| GRMN Garmin Ltd. | 0.63% | 5,951 | $1.2M | Reduce -12.4% |
| AXP American Express Co. | 0.61% | 3,990 | $1.2M | No change |
| NEE Nextera Energy Inc. | 0.61% | 16,512 | $1.2M | Reduce -0.6% |
| TDS Telephone and Data Systems | 0.59% | 34,000 | $1.2M | No change |
| PNC PNC Financial Services Group | 0.57% | 5,791 | $1.1M | No change |
| AMZN Amazon.com Inc. | 0.57% | 5,054 | $1.1M | No change |
| MRK Merck & Co. Inc. | 0.54% | 10,673 | $1.1M | Add +21.9% |
| NFLX Netflix Inc. | 0.54% | 1,182 | $1.1M | Reduce -0.8% |
| GE General Electric filed as GE AEROSPACE | 0.53% | 6,226 | $1.0M | Add +0.2% |
| MCD McDonald's Corp. | 0.53% | 3,550 | $1.0M | Reduce -0.6% |
| AMGN Amgen Inc. | 0.51% | 3,825 | $997K | Add +6.9% |
| PG The Procter & Gamble Co. | 0.50% | 5,785 | $970K | Add +1.1% |
| PH Parker Hannifin Corp. | 0.48% | 1,486 | $945K | Reduce -0.3% |
| ADBE Adobe Inc. | 0.48% | 2,115 | $940K | Reduce -14.0% |
| WMT Walmart Inc. | 0.48% | 10,356 | $936K | No change |
| ADP Automatic Data Processing | 0.46% | 3,083 | $902K | Reduce -0.1% |
| ORCL Oracle Corp. | 0.46% | 5,384 | $897K | Add +1.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.45% | 7,302 | $882K | Add +24.8% |
| SHY iShares 1-3 Year Treasury Bo | 0.45% | 10,701 | $877K | Reduce -5.1% |
| TSLA Tesla Inc. | 0.43% | 2,100 | $848K | No change |
| SONY Sony Group Corp. - SP ADR | 0.43% | 39,985 | $846K | Reduce -8.0% |
| RTX RTX Corp. | 0.43% | 7,302 | $845K | No change |
| LOW Lowe's Cos Inc. | 0.41% | 3,266 | $806K | No change |
| TAP Molson Coors Beverage Co. Class B | 0.41% | 13,950 | $800K | Add +7.7% |
| SHEL Shell PLC-ADR | 0.41% | 12,749 | $799K | Reduce -19.1% |
| ACN Accenture PLC Class A | 0.41% | 2,253 | $793K | Reduce -1.1% |
| BSV Vanguard Short-Term Bond ETF | 0.41% | 10,246 | $792K | No change |
| CVX Chevron Corp. | 0.40% | 5,409 | $783K | No change |
| ZM Zoom Communications Inc. | 0.40% | 9,459 | $772K | Add +16.9% |
| KO The Coca-Cola Co. | 0.39% | 12,253 | $763K | No change |
| CI The Cigna Group | 0.39% | 2,725 | $752K | Add +4.8% |
| META Meta Platforms Inc. Class A | 0.37% | 1,239 | $725K | Add +14.8% |
| SYK Stryker Corp. | 0.37% | 1,997 | $719K | Add +1.5% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.36% | 14,100 | $707K | Add +76.3% |
| CSL Carlisle Cos Inc. | 0.35% | 1,848 | $682K | Reduce -3.6% |
| CTSH Cognizant Tech Solutions-A | 0.34% | 8,525 | $656K | Reduce -8.3% |
| SBUX Starbucks Corp. | 0.34% | 7,179 | $655K | Reduce -1.4% |
| HSY The Hershey Co. | 0.33% | 3,840 | $650K | Add +12.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.33% | 5,822 | $648K | No change |
| ADSK Autodesk Inc. | 0.33% | 2,146 | $634K | Reduce -17.8% |
| ABBV Abbvie Inc. | 0.32% | 3,495 | $621K | Add +11.5% |
| IJR iShares Core S&P Small-Cap E | 0.32% | 5,345 | $616K | Reduce -1.0% |
| YUM Yum! Brands Inc. | 0.32% | 4,589 | $616K | No change |
| DHR Danaher Corp. | 0.31% | 2,641 | $606K | No change |
| JPST JPMorgan Ultra-Short Income | 0.31% | 11,960 | $602K | Reduce -0.8% |
| AFL Aflac Inc. | 0.31% | 5,810 | $601K | Add +16.9% |
| PDBC Invesco Optimum Yield Divers | 0.30% | 45,601 | $592K | Reduce -6.3% |
| MMM 3M Co. | 0.30% | 4,571 | $590K | Reduce -27.2% |
| TRV The Travelers Cos Inc. | 0.30% | 2,395 | $577K | Reduce -1.0% |
| ACWI iShares MSCI Acwi ETF | 0.30% | 4,909 | $577K | Reduce -54.8% |
| CCL Carnival Corp. | 0.29% | 22,574 | $563K | Reduce -27.5% |
| ETN Eaton Corp. PLC | 0.29% | 1,690 | $561K | No change |
| CHWY Chewy Inc. Class A | 0.27% | 15,886 | $532K | Add +62.1% |
| GEHC GE Healthcare Technology | 0.27% | 6,783 | $530K | Reduce -9.1% |
| UNH Unitedhealth Group Inc. | 0.27% | 1,044 | $528K | No change |
| GLD SPDR Gold Shares | 0.27% | 2,140 | $518K | Reduce -0.1% |
| CTAS Cintas Corp. | 0.27% | 2,828 | $517K | No change |
| XOM Exxon Mobil Corp. | 0.26% | 4,743 | $510K | Reduce -9.5% |
| NVS Novartis AG-Sponsored ADR | 0.26% | 5,122 | $498K | Add +1.8% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.25% | 6,455 | $496K | No change |
| NOC Northrop Grumman Corp. | 0.25% | 1,048 | $492K | No change |
| VTES Vanguard SH Term Tax-Ex Bond | 0.25% | 4,800 | $481K | New |
| ABT Abbott Laboratories | 0.25% | 4,227 | $478K | Add +1.7% |
| FDS Factset Research Systems Inc. | 0.24% | 990 | $475K | No change |
| RSG Republic Services Inc. | 0.24% | 2,342 | $471K | Reduce -5.3% |
| BBY Best Buy Co. Inc. | 0.22% | 4,994 | $428K | Reduce -2.8% |
Portfolio Sells Q3 2024 → Q4 2024
| WOOD iShares Global Timber & Fore | Sold out | 0.00% | −0.43 |
| ACWI iShares MSCI Acwi ETF | Reduce -54.8% | 0.30% | −0.38 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Reduce -1.1% | 2.31% | −0.35 |
| VGIT Vanguard Intermediate-Term T | Reduce -12.5% | 1.70% | −0.34 |
| GSK GSK PLC-Spon ADR | Sold out | 0.00% | −0.31 |
| AEO American Eagle Outfitters | Sold out | 0.00% | −0.25 |
| YETI Yeti Holdings Inc. | Sold out | 0.00% | −0.24 |
| GRBK Green Brick Partners Inc. | Sold out | 0.00% | −0.24 |
| ADBE Adobe Inc. | Reduce -14.0% | 0.48% | −0.18 |
| MUB iShares National Muni Bond E | Reduce -9.7% | 1.24% | −0.18 |
| SCS Steelcase Inc. Class A | Sold out | 0.00% | −0.17 |
| PLAB Photronics Inc. | Sold out | 0.00% | −0.16 |
| VTRS Viatris Inc. | Reduce -63.8% | 0.10% | −0.16 |
| MMM 3M Co. | Reduce -27.2% | 0.30% | −0.14 |
| QCOM Qualcomm Inc. | Reduce -3.0% | 0.88% | −0.14 |
| DHI D.R. Horton Inc. | Sold out | 0.00% | −0.14 |
| GAP The Gap Inc. | Reduce -47.5% | 0.16% | −0.13 |
| SHEL Shell PLC-ADR | Reduce -19.1% | 0.41% | −0.13 |
| TD Toronto-Dominion Bank | Reduce -38.3% | 0.14% | −0.13 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.13 |
| PSA Public Storage | Sold out | 0.00% | −0.12 |
| IAU iShares Gold Trust | Reduce -3.4% | 2.39% | −0.12 |
| CARR Carrier Global Corp. | Sold out | 0.00% | −0.12 |
| VNQI Vanguard GLBL Ex-US Real Est | Sold out | 0.00% | −0.12 |
| SUB iShares Short-Term National | Reduce -3.5% | 2.23% | −0.12 |
| NEE Nextera Energy Inc. | Reduce -0.6% | 0.61% | −0.12 |
| IGIB iShares 5-10Y Inv Grade Corp. | Sold out | 0.00% | −0.12 |
| AGG iShares Core U.S. Aggregate | Reduce -1.8% | 1.55% | −0.12 |
| LHX L3HARRIS Technologies Inc. | Sold out | 0.00% | −0.12 |
| GD General Dynamics Corp. | Sold out | 0.00% | −0.11 |
| CSL Carlisle Cos Inc. | Reduce -3.6% | 0.35% | −0.10 |
| GEHC GE Healthcare Technology | Reduce -9.1% | 0.27% | −0.09 |
| TIP iShares Tips Bond ETF | Reduce -28.0% | 0.18% | −0.08 |
| PROSHARES VIX SHORT-TERM FUT | Sold out | 0.00% | −0.08 |
| SPGP Invesco S&P 500 Garp ETF | Reduce -1.6% | 2.58% | −0.07 |
| PROSHARES TR | Sold out | 0.00% | −0.07 |
| VGSH Vanguard Short-Term Treasury | Reduce -0.4% | 2.06% | −0.06 |
| HALO Halozyme Therapeutics Inc. | Reduce -6.0% | 0.21% | −0.06 |
| XOM Exxon Mobil Corp. | Reduce -9.5% | 0.26% | −0.06 |
| BBY Best Buy Co. Inc. | Reduce -2.8% | 0.22% | −0.06 |
| KOF Coca-Cola Femsa Sab-SP ADR | Reduce -12.9% | 0.16% | −0.05 |
| ADSK Autodesk Inc. | Reduce -17.8% | 0.33% | −0.05 |
| TGT Target Corp. | Reduce -5.3% | 0.20% | −0.05 |
| VZ Verizon Communications Inc. | Reduce -10.6% | 0.14% | −0.04 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -5.1% | 0.45% | −0.04 |
| MCD McDonald's Corp. | Reduce -0.6% | 0.53% | −0.04 |
| CTSH Cognizant Tech Solutions-A | Reduce -8.3% | 0.34% | −0.04 |
| PDBC Invesco Optimum Yield Divers | Reduce -6.3% | 0.30% | −0.04 |
| SBUX Starbucks Corp. | Reduce -1.4% | 0.34% | −0.03 |
| KLAC KLA Corp. | Reduce -1.0% | 0.12% | −0.03 |
Portfolio Buys Q3 2024 → Q4 2024
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +31.4% | 4.13% | +0.91 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +25.6% | 3.81% | +0.71 |
| VXUS Vanguard Total Intl Stock | Add +77.2% | 1.30% | +0.48 |
| STIP iShares 0-5 Year Tips Bond E | Add +19.4% | 2.77% | +0.41 |
| BNDW Vanguard Total World Bond Et | Add +45.1% | 1.46% | +0.41 |
| DGRO iShares Core Dividend Growth | Add +16.7% | 3.25% | +0.37 |
| VNQ Vanguard Real Estate ETF | Add +34.1% | 1.87% | +0.33 |
| VTES Vanguard SH Term Tax-Ex Bond | New | 0.25% | +0.25 |
| GOOGL Alphabet Inc. Class A | Add +0.9% | 1.90% | +0.23 |
| SSNC Ss&c Technologies Holdings | New | 0.19% | +0.19 |
| AMAT Applied Materials Inc. | New | 0.15% | +0.15 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +76.3% | 0.36% | +0.15 |
| EBAY eBay Inc. | New | 0.13% | +0.13 |
| VEEV Veeva Systems Inc. Class A | New | 0.13% | +0.13 |
| LRCX Lam Research Corp. | New | 0.13% | +0.13 |
| CHWY Chewy Inc. Class A | Add +62.1% | 0.27% | +0.12 |
| EA Electronic Arts Inc. | New | 0.12% | +0.12 |
| TDW Tidewater Inc. | New | 0.11% | +0.11 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +10.6% | 1.36% | +0.11 |
| ZM Zoom Communications Inc. | Add +16.9% | 0.40% | +0.10 |
| TXN Texas Instruments Inc. | New | 0.10% | +0.10 |
| CRUS Cirrus Logic Inc. | New | 0.10% | +0.10 |
| TJX TJX Companies Inc. | Add +24.8% | 0.45% | +0.10 |
| IJH iShares Core S&P Midcap ETF | Add +5.2% | 2.03% | +0.08 |
| EOG EOG Resources Inc. | Add +73.5% | 0.18% | +0.07 |
| NKE Nike Inc. Class B | Add +63.4% | 0.19% | +0.05 |
| META Meta Platforms Inc. Class A | Add +14.8% | 0.37% | +0.05 |
| COP Conocophillips | Add +38.9% | 0.14% | +0.03 |
| MRK Merck & Co. Inc. | Add +21.9% | 0.54% | +0.03 |
| TAP Molson Coors Beverage Co. Class B | Add +7.7% | 0.41% | +0.02 |
| IEI iShares 3-7 Year Treasury Bo | Add +18.4% | 0.19% | +0.02 |
| AFL Aflac Inc. | Add +16.9% | 0.31% | +0.02 |
| NVDA Nvidia Corp. | Add +5.0% | 0.13% | +0.02 |
| IYR iShares US Real Estate ETF | Add +19.1% | 0.19% | +0.01 |
| VTIP Vanguard Short-Term Tips | Add +15.2% | 0.12% | +0.01 |
| DE Deere & Co. | Add +3.8% | 0.17% | +0.01 |
| ROST Ross Stores Inc. | Add +5.2% | 0.12% | +0.01 |
| DUK Duke Energy Corp. | Add +11.3% | 0.12% | +0.00 |
| SYK Stryker Corp. | Add +1.5% | 0.37% | 0.00 |
| ABT Abbott Laboratories | Add +1.7% | 0.25% | −0.00 |
| ABBV Abbvie Inc. | Add +11.5% | 0.32% | −0.00 |
| CSX CSX Corp. | Add +4.3% | 0.14% | −0.01 |
| HSY The Hershey Co. | Add +12.5% | 0.33% | −0.01 |
| ORCL Oracle Corp. | Add +1.6% | 0.46% | −0.01 |
| AEP American Electric Power | Add +6.2% | 0.16% | −0.01 |
| MDLZ Mondelez International Inc. Class A | Add +18.6% | 0.19% | −0.01 |
| UL Unilever PLC | Add +4.2% | 0.13% | −0.01 |
| PG The Procter & Gamble Co. | Add +1.1% | 0.50% | −0.02 |
| PFE Pfizer Inc. | Add +0.2% | 0.18% | −0.02 |
| COMT iShares Gsci Commodity Dynam | Add +0.8% | 0.84% | −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 |