Anderson Hoagland & Co.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 5, 2026), Anderson Hoagland & Co. reported 141 stock positions worth $1.2 billion. Its top holding was iShares Gold Trust (IAU) at 5.7% of the portfolio, followed by Microsoft (MSFT, 4.4%) and Nvidia (NVDA, 4.2%). Compared with Q3 2025, it opened 9 new positions, sold out of 5, added to 33 and reduced 57. The biggest buy was Vanguard 0-3M T-Bill ETF (VBIL, shares +769%) and the biggest sale Microsoft (MSFT, shares −2%).

Most Recent 13F
Q2 2026
Location
ST LOUIS, MO
CIK
0000791191
Portfolio Value
$1.2B (Q4 2025)
SEC Filing
0000791191-26-000001 ↗ filed Jan 5, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $891.8M Q1 2024 Q2 2024: $952.4M Q2 2024 Q3 2024: $979.9M Q3 2024 Q4 2024: $972.4M Q4 2024 Q1 2025: $843.1M Q1 2025 Q2 2025: $1.0B Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.2B $1.2B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $1.3B Q2 2026

Holdings 141 stocks · $1.2B
IAU iShares Gold Trust 5.71% 817,382 $66.3M Add +0.7%
MSFT Microsoft Corp. 4.43% 106,355 $51.4M Reduce -2.0%
NVDA Nvidia Corp. 4.22% 263,025 $49.1M Reduce -5.2%
IWM iShares Russell 2000 ETF 3.99% 188,623 $46.4M Add +4.1%
VFMF Vanguard US Multifactor ETF 3.90% 300,654 $45.3M Add +0.8%
EMXC iShares MSCI Emr MRK Ex Chna 3.86% 617,107 $44.9M No change
AMZN Amazon.com Inc. 3.57% 179,648 $41.5M Add +5.6%
VUG Vanguard Mrngstar GR ETF-Sui 3.07% 73,181 $35.7M Reduce -2.4%
VFVA Vanguard U.S. Value Factor 2.83% 247,540 $32.9M Reduce -0.9%
JPM JPMorgan Chase & Co. 2.42% 87,293 $28.1M Reduce -0.4%
VEA Vanguard Ftse Developed ETF 2.12% 394,406 $24.6M Add +1.0%
VFMV Vanguard US Minimum Volatili 1.97% 176,030 $22.9M Reduce -0.5%
LLY Eli Lilly & Co. 1.90% 20,582 $22.1M Reduce -8.9%
VFMO Vanguard US Momentum Factor 1.87% 113,683 $21.7M Reduce -4.5%
VGSH Vanguard Short-Term Treasury 1.86% 368,439 $21.6M Add +22.3%
VGK Vanguard Ftse Europe ETF 1.68% 234,213 $19.6M No change
USMV iShares MSCI USA Min Vol Fac 1.47% 181,591 $17.1M Add +4.2%
IVV iShares Core S&P 500 ETF 1.41% 23,974 $16.4M Reduce -0.8%
V Visa Inc. Class A 1.40% 46,474 $16.3M Reduce -0.4%
VTEB Vanguard Tax-Exempt Bond ETF 1.38% 317,878 $16.0M Reduce -2.0%
SMFG Sumitomo Mitsui-Spons ADR 1.21% 727,579 $14.1M Reduce -0.8%
IEFA iShares Core MSCI Eafe ETF 1.18% 152,981 $13.7M Reduce -0.4%
AVUS Avantis U.S. Equity ETF 1.13% 117,917 $13.2M Add +1.6%
EFAV iShares MSCI Eafe Min Vol Fa 1.09% 146,417 $12.6M Reduce -0.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.07% 226,728 $12.5M Reduce -2.4%
CMI Cummins Inc. 1.03% 23,526 $12.0M No change
GE General Electric filed as GE AEROSPACE 1.02% 38,436 $11.8M Reduce -0.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.98% 39,085 $11.3M Reduce -0.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.95% 37,340 $11.1M Reduce -0.7%
CAT Caterpillar Inc. 0.95% 19,187 $11.0M No change
VWO Vanguard Ftse Emerging Marke 0.93% 200,630 $10.8M Add +2.2%
EEMV iShares MSCI Emg MKT Min Vol 0.89% 162,185 $10.4M Reduce -2.3%
EWJV iShares MSCI Japan Value ETF 0.89% 259,940 $10.3M Reduce -1.9%
USFR Wisdomtree Floating Rate Tre 0.83% 190,806 $9.6M Reduce -9.4%
MTUM iShares MSCI USA Momentum Fa 0.81% 37,673 $9.4M Add +2.9%
AVES Avantis Emerging Markets Val 0.77% 153,919 $9.0M Reduce -1.4%
SOFI Sofi Technologies Inc. 0.76% 335,392 $8.8M No change
INTU Intuit Inc. 0.73% 12,751 $8.4M Reduce -0.7%
GEV GE Vernova Inc. 0.70% 12,362 $8.1M Reduce -0.1%
XOM Exxon Mobil Corp. 0.69% 66,919 $8.1M No change
SGOV iShares 0-3 Month Treasury B 0.69% 79,931 $8.0M Reduce -16.6%
AVDV Avantis Intl S/C Value ETF 0.68% 83,937 $7.9M Reduce -3.6%
AVLV Avantis US Large Cap Value 0.67% 102,776 $7.8M Add +1.9%
C Citigroup Inc. 0.67% 66,625 $7.8M No change
TFLO iShares Treasury Floating Ra 0.63% 144,701 $7.3M Reduce -8.0%
VBIL Vanguard 0-3M T-Bill ETF 0.62% 95,029 $7.2M Add +769.0%
VRTX Vertex Pharmaceuticals Inc. 0.61% 15,734 $7.1M Reduce -0.2%
VTI VG Morningstar TS MKT ETF-US 0.58% 20,246 $6.8M Add +53.2%
IDXX Idexx Laboratories Inc. 0.58% 9,897 $6.7M No change
ASML ASML Holding NV-NY Reg SHS 0.57% 6,174 $6.6M No change
VLUE iShares MSCI USA Value Facto 0.54% 45,671 $6.2M Add +2.0%
GM General Motors Co. 0.52% 74,760 $6.1M Reduce -39.3%
MLI Mueller Industries Inc. 0.52% 52,578 $6.0M Reduce -2.7%
FIX Comfort Systems USA Inc. 0.52% 6,452 $6.0M Reduce -21.3%
MUB iShares National Muni Bond E 0.50% 54,756 $5.9M Reduce -1.3%
PZA Invesco National Amt-Free Mu 0.49% 244,125 $5.7M Reduce -0.2%
INDA iShares MSCI India ETF 0.48% 104,022 $5.6M No change
FCX Freeport-McMoran Inc. 0.48% 109,408 $5.6M No change
AVGO Broadcom Inc. 0.48% 16,045 $5.6M Reduce -9.0%
CCJ Cameco Corp. 0.48% 60,636 $5.5M Reduce -1.0%
SUB iShares Short-Term National 0.47% 51,555 $5.5M Add +7.5%
UBER Uber Technologies Inc. 0.45% 63,975 $5.2M No change
PWR Quanta Services Inc. 0.43% 11,806 $5.0M Reduce -1.9%
VTIP Vanguard Short-Term Tips 0.43% 100,743 $5.0M Add +29.3%
PANW Palo Alto Networks Inc. 0.43% 26,954 $5.0M Add +15.5%
SCHP Schwab U.S. Tips ETF 0.42% 184,558 $4.9M Add +12.5%
AVDE Avantis International Equity 0.42% 59,339 $4.9M Reduce -0.5%
WMT Walmart Inc. 0.41% 42,511 $4.7M No change
MMM 3M Co. 0.38% 27,838 $4.5M No change
JNJ Johnson & Johnson 0.38% 21,355 $4.4M Add +0.7%
GOOG Alphabet Inc. Class C 0.37% 13,681 $4.3M Reduce -1.8%
AVIV Avantis Intl LRG Cap Val ETF 0.35% 57,162 $4.1M Add +2.6%
SNOW Snowflake Inc. 0.35% 18,561 $4.1M No change
DAL Delta Air Lines Inc. 0.35% 58,465 $4.1M Reduce -4.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.34% 34,549 $3.9M Reduce -26.3%
TBBK The Bancorp Inc. 0.32% 55,802 $3.8M Reduce -2.4%
TTWO Take-Two Interactive Softwre 0.31% 14,123 $3.6M No change
GILD Gilead Sciences Inc. 0.31% 28,967 $3.6M New
AON Aon PLC Class A 0.30% 9,730 $3.4M Reduce -1.3%
BROS Dutch Bros Inc. Class A 0.29% 55,065 $3.4M New
RGA Reinsurance Group of America 0.28% 16,047 $3.3M Reduce -3.3%
SLB SLB Ltd. filed as SLB LIMITED 0.27% 82,531 $3.2M Add +6.1%
TM Toyota Motor Corp. -Spon ADR 0.27% 14,615 $3.1M No change
EQT Eqt Corp. 0.27% 58,183 $3.1M Add +224.7%
DHI D.R. Horton Inc. 0.27% 21,552 $3.1M Reduce -2.8%
ROST Ross Stores Inc. 0.26% 17,084 $3.1M Reduce -2.8%
IBB iShares Biotechnology ETF 0.26% 17,638 $3.0M New
PNC PNC Financial Services Group 0.26% 14,218 $3.0M No change
IBKR Interactive Brokers Gro Class A 0.24% 43,456 $2.8M No change
EUFN iShares MSCI Europe Financia 0.24% 75,044 $2.8M Add +0.2%
TLH iShares 10-20 Year Treasury 0.22% 25,469 $2.6M Add +12.8%
RRC Range Resources Corp. 0.22% 73,143 $2.6M Add +5.2%
POST Post Holdings Inc. filed as POST HLDGS INC 0.21% 25,109 $2.5M Add +0.7%
ABBV Abbvie Inc. 0.20% 10,345 $2.4M No change
RYAN Ryan Specialty Holdings Inc. 0.20% 45,730 $2.4M Reduce -1.1%
BAB Invesco Taxable Municipal Bo 0.19% 83,261 $2.3M Add +15.8%
GS Goldman Sachs Group Inc. 0.18% 2,446 $2.2M Reduce -7.1%
SFM Sprouts Farmers Market Inc. 0.18% 26,697 $2.1M New
VEU Vanguard Ftse All-World Ex-U 0.18% 28,814 $2.1M Reduce -14.1%
VGIT Vanguard Intermediate-Term T 0.17% 33,708 $2.0M Reduce -0.3%
ILMN Illumina Inc. 0.16% 14,555 $1.9M Add +73.8%
VB Vanguard Most SM-Cap ETF-Usd 0.16% 7,331 $1.9M Reduce -1.3%
SCHO Schwab Short-Term US Treas 0.16% 74,469 $1.8M Add +23.6%
CTLP Cantaloupe Inc. 0.15% 162,243 $1.7M Reduce -7.6%
LNG Cheniere Energy Inc. 0.14% 8,460 $1.6M Reduce -26.0%
KO The Coca-Cola Co. 0.14% 23,186 $1.6M No change
IJK iShares S&P Mid-Cap 400 Grow 0.14% 16,582 $1.6M No change
AAPL Apple Inc. 0.13% 5,769 $1.6M Add +2.1%
GOVT iShares US Treasury Bond ETF 0.12% 62,035 $1.4M Add +1.3%
IWF iShares Russell 1000 Growth 0.11% 2,791 $1.3M Reduce -0.6%
BIV Vanguard Intermediate-Term B 0.10% 15,496 $1.2M No change
IJJ iShares S&P Mid-Cap 400 Valu 0.10% 8,966 $1.2M No change
IWD iShares Russell 1000 Value E 0.09% 5,183 $1.1M No change
TPB Turning Point Brands Inc. 0.09% 9,300 $1.0M New
BRK.B Berkshire Hathaway Inc. Class B 0.09% 1,988 $999K Add +3.3%
VIG Vanguard Dividend Apprec ETF 0.09% 4,498 $989K No change
XLE SS Energy Select Sector 0.08% 21,433 $958K Reduce -0.4%
PNFP Pinnacle Financial Partners 0.07% 8,711 $831K Reduce -51.7%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.07% 2,584 $814K No change
DFAC Dimensional US Core Equity 2 0.07% 19,248 $762K No change
IVE iShares S&P 500 Value ETF 0.07% 3,565 $756K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.05% 2,881 $610K No change
IWO iShares Russell 2000 Growth 0.05% 1,790 $578K No change
KWEB Kranesh Csi China Internet 0.04% 14,536 $495K Add +6.1%
IWP iShares Russell Mid-Cap Grow 0.04% 3,600 $493K No change
IWS iShares Russell Mid-Cap Valu 0.04% 3,100 $437K No change
VGUS Vanguard Ultra SHRT Treasury 0.04% 5,575 $421K New
EMR Emerson Electric Co. 0.03% 2,872 $381K No change
CSW CSW Industrials Inc. 0.03% 1,245 $365K Reduce -8.1%
REGN Regeneron Pharmaceuticals 0.03% 446 $344K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.03% 1,657 $316K No change
KBE SS SPDR S&P Bank ETF 0.03% 4,926 $299K No change
RTX RTX Corp. 0.03% 1,612 $296K No change
LRGF iShares US Equity Factor ETF 0.03% 4,197 $291K No change
DE Deere & Co. 0.02% 607 $283K No change
EPD Enterprise Products Partners 0.02% 7,720 $248K No change
FDX FedEx Corp. 0.02% 796 $230K New
MCK McKesson Corp. 0.02% 263 $216K No change
VSS Vanguard Ftse All Wo X-US SC 0.02% 1,426 $204K Reduce -31.0%
COST Costco Wholesale Corp. 0.02% 237 $204K New
DFUV Dimensional US Marketwide Va 0.02% 4,303 $200K New
Other holdings (2): bonds, preferreds, convertibles and warrants · $33K (not counted above)
SecurityClassShares / PrincipalValueChange
PENNYMAC CORP (PMT 5.5 03/15/26) NOTE 5.500% 3/1 · principal 23,000$23KNo change
REDWOOD TRUST INC (RWT 7.75 06/15/27) NOTE 7.750% 6/1 · principal 10,000$10KNo change

Total filed on the 13F, all lines: $1.2B.

Portfolio Sells Q3 2025 → Q4 2025
MSFT Microsoft Corp. Reduce -2.0% 4.43% −0.62
NVDA Nvidia Corp. Reduce -5.2% 4.22% −0.42
CMCSA Comcast Corp. Class A Sold out 0.00% −0.29
ZTS Zoetis Inc. Sold out 0.00% −0.28
CCI Crown Castle Inc. Sold out 0.00% −0.21
BRBR Bellring Brands Inc. Sold out 0.00% −0.19
VFMO Vanguard US Momentum Factor Reduce -4.5% 1.87% −0.18
SGOV iShares 0-3 Month Treasury B Reduce -16.6% 0.69% −0.18
VUG Vanguard Mrngstar GR ETF-Sui Reduce -2.4% 3.07% −0.15
GM General Motors Co. Reduce -39.3% 0.52% −0.15
DIS The Walt Disney Co. Reduce -26.3% 0.34% −0.14
KVUE Kenvue Inc. Sold out 0.00% −0.14
USFR Wisdomtree Floating Rate Tre Reduce -9.4% 0.83% −0.12
VFMV Vanguard US Minimum Volatili Reduce -0.5% 1.97% −0.11
LNG Cheniere Energy Inc. Reduce -26.0% 0.14% −0.10
FIX Comfort Systems USA Inc. Reduce -21.3% 0.52% −0.09
TFLO iShares Treasury Floating Ra Reduce -8.0% 0.63% −0.09
VTEB Vanguard Tax-Exempt Bond ETF Reduce -2.0% 1.38% −0.08
PNFP Pinnacle Financial Partners Reduce -51.7% 0.07% −0.08
DHI D.R. Horton Inc. Reduce -2.8% 0.27% −0.07
JPM JPMorgan Chase & Co. Reduce -0.4% 2.42% −0.06
INTU Intuit Inc. Reduce -0.7% 0.73% −0.06
TBBK The Bancorp Inc. Reduce -2.4% 0.32% −0.06
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -0.5% 0.98% −0.06
EEMV iShares MSCI Emg MKT Min Vol Reduce -2.3% 0.89% −0.06
AVGO Broadcom Inc. Reduce -9.0% 0.48% −0.04
EWJV iShares MSCI Japan Value ETF Reduce -1.9% 0.89% −0.04
IVV iShares Core S&P 500 ETF Reduce -0.8% 1.41% −0.04
EFAV iShares MSCI Eafe Min Vol Fa Reduce -0.9% 1.09% −0.04
VEU Vanguard Ftse All-World Ex-U Reduce -14.1% 0.18% −0.03
AVES Avantis Emerging Markets Val Reduce -1.4% 0.77% −0.03
RYAN Ryan Specialty Holdings Inc. Reduce -1.1% 0.20% −0.03
VFVA Vanguard U.S. Value Factor Reduce -0.9% 2.83% −0.03
V Visa Inc. Class A Reduce -0.4% 1.40% −0.03
IEFA iShares Core MSCI Eafe ETF Reduce -0.4% 1.18% −0.03
MUB iShares National Muni Bond E Reduce -1.3% 0.50% −0.03
AON Aon PLC Class A Reduce -1.3% 0.30% −0.02
GE General Electric Reduce -0.1% 1.02% −0.02
PZA Invesco National Amt-Free Mu Reduce -0.2% 0.49% −0.02
PWR Quanta Services Inc. Reduce -1.9% 0.43% −0.02
CTLP Cantaloupe Inc. Reduce -7.6% 0.15% −0.02
AVDV Avantis Intl S/C Value ETF Reduce -3.6% 0.68% −0.02
VSS Vanguard Ftse All Wo X-US SC Reduce -31.0% 0.02% −0.01
VGIT Vanguard Intermediate-Term T Reduce -0.3% 0.17% −0.01
VB Vanguard Most SM-Cap ETF-Usd Reduce -1.3% 0.16% −0.01
RGA Reinsurance Group of America Reduce -3.3% 0.28% −0.01
IWF iShares Russell 1000 Growth Reduce -0.6% 0.11% −0.00
XLE SS Energy Select Sector Reduce -0.4% 0.08% −0.00
GS Goldman Sachs Group Inc. Reduce -7.1% 0.18% −0.00
AVDE Avantis International Equity Reduce -0.5% 0.42% −0.00

Portfolio Buys Q3 2025 → Q4 2025
VBIL Vanguard 0-3M T-Bill ETF Add +769.0% 0.62% +0.54
IAU iShares Gold Trust Add +0.7% 5.71% +0.41
GILD Gilead Sciences Inc. New 0.31% +0.31
BROS Dutch Bros Inc. Class A New 0.29% +0.29
VGSH Vanguard Short-Term Treasury Add +22.3% 1.86% +0.27
IBB iShares Biotechnology ETF New 0.26% +0.26
AMZN Amazon.com Inc. Add +5.6% 3.57% +0.22
VTI VG Morningstar TS MKT ETF-US Add +53.2% 0.58% +0.19
SFM Sprouts Farmers Market Inc. New 0.18% +0.18
EQT Eqt Corp. Add +224.7% 0.27% +0.18
ILMN Illumina Inc. Add +73.8% 0.16% +0.09
TPB Turning Point Brands Inc. New 0.09% +0.09
VTIP Vanguard Short-Term Tips Add +29.3% 0.43% +0.07
IWM iShares Russell 2000 ETF Add +4.1% 3.99% +0.06
VFMF Vanguard US Multifactor ETF Add +0.8% 3.90% +0.04
VGUS Vanguard Ultra SHRT Treasury New 0.04% +0.04
VLUE iShares MSCI USA Value Facto Add +2.0% 0.54% +0.03
SLB SLB Ltd. Add +6.1% 0.27% +0.03
JNJ Johnson & Johnson Add +0.7% 0.38% +0.03
SCHO Schwab Short-Term US Treas Add +23.6% 0.16% +0.02
SCHP Schwab U.S. Tips ETF Add +12.5% 0.42% +0.02
FDX FedEx Corp. New 0.02% +0.02
VEA Vanguard Ftse Developed ETF Add +1.0% 2.12% +0.02
BAB Invesco Taxable Municipal Bo Add +15.8% 0.19% +0.02
COST Costco Wholesale Corp. New 0.02% +0.02
DFUV Dimensional US Marketwide Va New 0.02% +0.02
AVLV Avantis US Large Cap Value Add +1.9% 0.67% +0.02
TLH iShares 10-20 Year Treasury Add +12.8% 0.22% +0.01
SUB iShares Short-Term National Add +7.5% 0.47% +0.01
AVIV Avantis Intl LRG Cap Val ETF Add +2.6% 0.35% +0.01
EUFN iShares MSCI Europe Financia Add +0.2% 0.24% +0.01
AAPL Apple Inc. Add +2.1% 0.13% +0.01
AVUS Avantis U.S. Equity ETF Add +1.6% 1.13% +0.00
PANW Palo Alto Networks Inc. Add +15.5% 0.43% +0.00
BRK.B Berkshire Hathaway Inc. Class B Add +3.3% 0.09% −0.00
GOVT iShares US Treasury Bond ETF Add +1.3% 0.12% −0.00
KWEB Kranesh Csi China Internet Add +6.1% 0.04% −0.01
RRC Range Resources Corp. Add +5.2% 0.22% −0.01
USMV iShares MSCI USA Min Vol Fac Add +4.2% 1.47% −0.02
POST Post Holdings Inc. Add +0.7% 0.21% −0.03
VWO Vanguard Ftse Emerging Marke Add +2.2% 0.93% −0.03
MTUM iShares MSCI USA Momentum Fa Add +2.9% 0.81% −0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 136$1.3BEMXC, IAU, IWM, VFMF, NVDA
Q1 2026 135$1.2BIAU, EMXC, VFMF, IWM, NVDA
Q4 2025 141$1.2BIAU, MSFT, NVDA, IWM, VFMF
Q3 2025 137$1.1BIAU, MSFT, NVDA, IWM, VFMF
Q2 2025 144$1.0BMSFT, IAU, NVDA, VFMF, IWM
Q1 2025 135$843.1MMSFT, IAU, VFMF, IWM, AMZN
Q4 2024 137$972.4MMSFT, IWM, VFMF, AMZN, NVDA
Q3 2024 132$979.9MMSFT, IWM, VFMF, NVDA, AAPL
Q2 2024 133$952.4MMSFT, IWM, VFMF, AMZN, NVDA
Q1 2024 133$891.8MMSFT, IWM, VFMF, AMZN, VFVA