Armstrong Advisory Group, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 14, 2025), Armstrong Advisory Group, Inc. reported 839 stock positions worth $1.3 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 12.2% of the portfolio, followed by Vanguard Total Bond Market (BND, 10.3%) and iShares 7-10 Year Treasury B (IEF, 8.4%). Compared with Q3 2024, it opened 83 new positions, sold out of 25, added to 221 and reduced 100. The biggest buy was iShares 7-10 Year Treasury B (IEF, shares +80%) and the biggest sale Vanguard Short-Term Treasury (VGSH, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- NEEDHAM, MA
- CIK
- 0001932952
- Portfolio Value
- $1.3B (Q4 2024)
- SEC Filing
- 0001932952-25-000002 ↗ filed Jan 14, 2025
Holdings Value
Holdings 839 stocks · $1.3B
| IVV iShares Core S&P 500 ETF | 12.19% | 259,279 | $152.6M | Add +4.5% |
| BND Vanguard Total Bond Market | 10.26% | 1,787,164 | $128.5M | Reduce -15.5% |
| IEF iShares 7-10 Year Treasury B | 8.44% | 1,143,157 | $105.7M | Add +79.9% |
| VGT Vanguard Info Tech ETF | 8.42% | 169,701 | $105.5M | Add +3.1% |
| SCHK Schwab 1000 Index ETF | 5.95% | 2,633,266 | $74.5M | Add +3.7% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 5.50% | 998,848 | $68.9M | Add +3.4% |
| IEI iShares 3-7 Year Treasury Bo | 3.60% | 390,284 | $45.1M | Add +4.7% |
| XLF SS Financial Select Sector | 3.17% | 822,285 | $39.7M | Add +3.9% |
| XLY SS Consumer Disc Select Sect | 2.70% | 150,690 | $33.8M | Add +3.0% |
| VHT Vanguard Health Care ETF | 2.69% | 132,711 | $33.7M | Add +2.6% |
| VOX Vanguard Communication Servi | 2.33% | 188,675 | $29.2M | Add +1.9% |
| TLT iShares 20+ Year Treasury BD | 2.30% | 330,450 | $28.9M | Add +24359.7% |
| SPGP Invesco S&P 500 Garp ETF | 2.18% | 259,817 | $27.2M | Add +7.2% |
| XLI SS Industrial Select Sector | 1.77% | 168,120 | $22.2M | Add +2.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.71% | 36,595 | $21.4M | Add +8.6% |
| AAPL Apple Inc. | 1.67% | 83,735 | $21.0M | Reduce -1.1% |
| SGOV iShares 0-3 Month Treasury B | 1.63% | 202,987 | $20.4M | Add +9.8% |
| XLP SS Consumer Staples Sel Sect | 1.35% | 215,666 | $17.0M | Add +3.6% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 1.32% | 167,345 | $16.6M | Add +11.1% |
| VOO Vanguard S&P 500 ETF | 0.99% | 23,010 | $12.4M | Add +0.6% |
| MSFT Microsoft Corp. | 0.93% | 27,506 | $11.6M | Add +2.4% |
| XLE SS Energy Select Sector | 0.89% | 129,797 | $11.1M | Add +3.0% |
| RSP Invesco S&P 500 Equal Weight | 0.81% | 57,938 | $10.2M | Add +17672.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.80% | 22,156 | $10.0M | Add +5.2% |
| UPS United Parcel Service Class B | 0.69% | 68,171 | $8.6M | Reduce -9.3% |
| CPRT Copart Inc. | 0.65% | 142,368 | $8.2M | Reduce -0.3% |
| AMZN Amazon.com Inc. | 0.64% | 36,446 | $8.0M | Add +9.0% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.62% | 103,110 | $7.8M | Add +4.1% |
| GOVT iShares US Treasury Bond ETF | 0.50% | 272,195 | $6.3M | Reduce -7.9% |
| XLRE SS Real Estate Select Sector | 0.49% | 151,627 | $6.2M | Add +2.7% |
| XLB SS Materials Select Sector | 0.41% | 61,124 | $5.1M | Add +1.5% |
| VXF Vanguard Extended Market ETF | 0.39% | 25,387 | $4.8M | Reduce -6.2% |
| LLY Eli Lilly & Co. | 0.37% | 5,992 | $4.6M | Reduce -0.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.36% | 8,841 | $4.5M | Add +2.0% |
| DE Deere & Co. | 0.32% | 9,450 | $4.0M | Reduce -3.3% |
| VYM Vanguard High DVD Yield ETF | 0.32% | 31,190 | $4.0M | Add +5.4% |
| NVDA Nvidia Corp. | 0.31% | 28,846 | $3.9M | Add +64.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.31% | 32,023 | $3.9M | Add +0.7% |
| VIG Vanguard Dividend Apprec ETF | 0.23% | 14,970 | $2.9M | Add +2.0% |
| JEPI JPMorgan Equity Premium Inco | 0.17% | 36,254 | $2.1M | Add +7.8% |
| HDV iShares Core High Dividend E | 0.17% | 18,527 | $2.1M | Add +10.5% |
| XOM Exxon Mobil Corp. | 0.16% | 18,660 | $2.0M | Reduce -0.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.16% | 6,797 | $2.0M | Reduce -0.3% |
| KO The Coca-Cola Co. | 0.15% | 31,192 | $1.9M | Add +0.0% |
| ORCL Oracle Corp. | 0.15% | 11,253 | $1.9M | Add +3.7% |
| IJH iShares Core S&P Midcap ETF | 0.14% | 28,492 | $1.8M | Add +0.2% |
| SPHY SS SPDR P High Yield ETF | 0.14% | 75,515 | $1.8M | Add +5.9% |
| WM Waste Management Inc. | 0.14% | 8,748 | $1.8M | Add +0.2% |
| ABBV Abbvie Inc. | 0.14% | 9,842 | $1.7M | Add +0.6% |
| PFF iShares Preferred & Income S | 0.13% | 52,975 | $1.7M | Add +1.3% |
| XYLD Global X S&P 500 Cove Call E | 0.12% | 37,240 | $1.6M | Add +2.9% |
| HD Home Depot Inc. | 0.12% | 3,916 | $1.5M | Add +7.8% |
| GSLC Goldman Activebeta US LC ETF | 0.12% | 12,958 | $1.5M | Reduce -2.4% |
| VZ Verizon Communications Inc. | 0.11% | 33,231 | $1.3M | Reduce -0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.10% | 28,278 | $1.2M | Add +2.1% |
| WMT Walmart Inc. | 0.10% | 13,516 | $1.2M | Add +2.2% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.10% | 24,226 | $1.2M | Add +11.9% |
| VGSH Vanguard Short-Term Treasury | 0.09% | 20,093 | $1.2M | Reduce -97.4% |
| JPM JPMorgan Chase & Co. | 0.09% | 4,644 | $1.1M | Add +13.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.08% | 11,807 | $1.0M | Reduce -1.3% |
| UNH Unitedhealth Group Inc. | 0.08% | 2,060 | $1.0M | Add +2.3% |
| MCD McDonald's Corp. | 0.08% | 3,437 | $996K | Add +0.6% |
| SDY SS SPDR S&P Dividend ETF | 0.08% | 7,480 | $988K | Reduce -4.3% |
| LONZ PIMCO Senior Loan Active ETF | 0.08% | 19,000 | $971K | Add +8.1% |
| HON Honeywell International Inc. | 0.08% | 4,266 | $964K | Reduce -0.4% |
| COST Costco Wholesale Corp. | 0.08% | 1,033 | $947K | Add +2.9% |
| XSVN Bondbloxx BBG 7 YR US Treas | 0.08% | 20,396 | $944K | Add +57.5% |
| GOOGL Alphabet Inc. Class A | 0.08% | 4,984 | $943K | Add +3.1% |
| T AT&T Inc. | 0.07% | 40,182 | $915K | Add +3.5% |
| PG The Procter & Gamble Co. | 0.07% | 5,408 | $907K | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 0.07% | 4,697 | $895K | Add +14.1% |
| CAT Caterpillar Inc. | 0.07% | 2,436 | $884K | No change |
| ED Consolidated Edison Inc. | 0.07% | 9,806 | $875K | Reduce -0.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.07% | 10,990 | $857K | Add +2.4% |
| JNJ Johnson & Johnson | 0.07% | 5,876 | $850K | Reduce -0.3% |
| CMG Chipotle Mexican Grill Inc. | 0.07% | 13,900 | $838K | No change |
| PEG Public Service Enterprise GP | 0.07% | 9,820 | $830K | No change |
| AGG iShares Core U.S. Aggregate | 0.07% | 8,537 | $827K | Add +15.2% |
| MUB iShares National Muni Bond E | 0.06% | 7,604 | $810K | Reduce -2.7% |
| AEP American Electric Power | 0.06% | 8,738 | $806K | Reduce -0.7% |
| GLD SPDR Gold Shares | 0.06% | 3,251 | $787K | Add +21.0% |
| PEP Pepsico Inc. | 0.06% | 5,019 | $763K | Reduce -0.7% |
| CVX Chevron Corp. | 0.06% | 5,149 | $746K | Reduce -0.5% |
| V Visa Inc. Class A | 0.06% | 2,342 | $740K | Add +98.6% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.06% | 8,075 | $734K | Add +0.2% |
| SCHM Schwab US Mid Cap ETF | 0.06% | 26,442 | $733K | No change |
| SHV iShares 0-1 Year Treasury Bo | 0.06% | 6,611 | $728K | New |
| HUBS HubSpot Inc. | 0.06% | 1,041 | $725K | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.06% | 1,751 | $719K | Add +37.2% |
| COF Capital One Financial Corp. | 0.06% | 3,977 | $709K | Reduce -3.5% |
| IJR iShares Core S&P Small-Cap E | 0.06% | 6,062 | $699K | Add +0.1% |
| ES Eversource Energy | 0.06% | 12,087 | $694K | Reduce -2.6% |
| DUK Duke Energy Corp. | 0.06% | 6,398 | $689K | Reduce -3.3% |
| RTX RTX Corp. | 0.05% | 5,711 | $661K | Reduce -0.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.05% | 2,997 | $659K | Add +20.1% |
| HACK Amplify Cybersecurity ETF | 0.05% | 8,782 | $654K | Add +0.1% |
| CL Colgate-Palmolive Co. | 0.05% | 7,089 | $644K | Reduce -3.2% |
| MTUM iShares MSCI USA Momentum Fa | 0.05% | 3,058 | $633K | Add +0.0% |
| AMLP Alerian MLP ETF | 0.05% | 12,804 | $617K | Add +65.2% |
| GE General Electric filed as GE AEROSPACE | 0.05% | 3,654 | $609K | Add +0.4% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $2K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 86 | $2K | No change |
Lines left out (2) · $73 — a value with no share or principal amount
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $1.3B.
Portfolio Sells Q3 2024 → Q4 2024
| VGSH Vanguard Short-Term Treasury | Reduce -97.4% | 0.09% | −3.68 |
| BND Vanguard Total Bond Market | Reduce -15.5% | 10.26% | −2.90 |
| XOP SS SPDR S&P Og Exp & Prod | Reduce -98.2% | 0.01% | −0.80 |
| UPS United Parcel Service Class B | Reduce -9.3% | 0.69% | −0.16 |
| GOVT iShares US Treasury Bond ETF | Reduce -7.9% | 0.50% | −0.07 |
| LLY Eli Lilly & Co. | Reduce -0.6% | 0.37% | −0.07 |
| VXF Vanguard Extended Market ETF | Reduce -6.2% | 0.39% | −0.02 |
| XOM Exxon Mobil Corp. | Reduce -0.1% | 0.16% | −0.02 |
| DE Deere & Co. | Reduce -3.3% | 0.32% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -0.1% | 0.11% | −0.02 |
| ADBE Adobe Inc. | Reduce -37.0% | 0.02% | −0.02 |
| MGM MGM Resorts International | Reduce -93.0% | 0.00% | −0.02 |
| ED Consolidated Edison Inc. | Reduce -0.6% | 0.07% | −0.02 |
| ES Eversource Energy | Reduce -2.6% | 0.06% | −0.01 |
| AMD Advanced Micro Devices | Reduce -7.6% | 0.03% | −0.01 |
| SDY SS SPDR S&P Dividend ETF | Reduce -4.3% | 0.08% | −0.01 |
| CL Colgate-Palmolive Co. | Reduce -3.2% | 0.05% | −0.01 |
| JNJ Johnson & Johnson | Reduce -0.3% | 0.07% | −0.01 |
| TMO Thermo Fisher Scientific Inc. | Reduce -2.1% | 0.04% | −0.01 |
| SCHR Schwab Intermediate-Term US | Reduce -79.3% | 0.00% | −0.01 |
| FBND Fidelity Total Bond ETF | Sold out | 0.00% | −0.01 |
| AEP American Electric Power | Reduce -0.7% | 0.06% | −0.01 |
| PEP Pepsico Inc. | Reduce -0.7% | 0.06% | −0.01 |
| DOW Dow Inc. | Reduce -28.6% | 0.01% | −0.01 |
| DUK Duke Energy Corp. | Reduce -3.3% | 0.06% | −0.01 |
| IBDP iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −0.01 |
| MSEX Middlesex Water Co. | Reduce -12.5% | 0.02% | −0.01 |
| AGR Avangrid Inc. | Sold out | 0.00% | −0.01 |
| DVN Devon Energy Corp. | Reduce -23.6% | 0.01% | −0.01 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -1.3% | 0.08% | −0.01 |
| SNSR Global X Internet of Things | Reduce -23.5% | 0.02% | −0.01 |
| MPC Marathon Petroleum Corp. | Reduce -51.1% | 0.00% | −0.01 |
| OTTR Otter Tail Corp. | Reduce -48.8% | 0.01% | −0.01 |
| FCX Freeport-McMoran Inc. | Reduce -10.6% | 0.01% | −0.01 |
| MUB iShares National Muni Bond E | Reduce -2.7% | 0.06% | −0.01 |
| VTIP Vanguard Short-Term Tips | Reduce -65.0% | 0.00% | −0.01 |
| HUM Humana Inc. | Sold out | 0.00% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -0.1% | 0.07% | −0.01 |
| GSLC Goldman Activebeta US LC ETF | Reduce -2.4% | 0.12% | −0.01 |
| RTX RTX Corp. | Reduce -0.9% | 0.05% | −0.01 |
| NKE Nike Inc. Class B | Reduce -0.8% | 0.02% | −0.00 |
| EAGG iShares ESG Aware US Aggrega | Reduce -61.2% | 0.00% | −0.00 |
| PH Parker Hannifin Corp. | Reduce -27.9% | 0.01% | −0.00 |
| BSX Boston Scientific Corp. | Reduce -15.1% | 0.03% | −0.00 |
| SCHX Schwab US Large-Cap ETF | Reduce -9.3% | 0.04% | −0.00 |
| OUNZ Vaneck Merk Gold ETF | Sold out | 0.00% | −0.00 |
| VMBS Vanguard Mortgage-Backed Sec | Sold out | 0.00% | −0.00 |
| CVX Chevron Corp. | Reduce -0.5% | 0.06% | −0.00 |
| FNF Fidelity National Financial | Reduce -29.4% | 0.01% | −0.00 |
| BSCR Invesco Bulletshares 2027 CB | Reduce -18.3% | 0.01% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| IEF iShares 7-10 Year Treasury B | Add +79.9% | 8.44% | +3.27 |
| TLT iShares 20+ Year Treasury BD | Add +24359.7% | 2.30% | +2.29 |
| RSP Invesco S&P 500 Equal Weight | Add +17672.4% | 0.81% | +0.81 |
| VGT Vanguard Info Tech ETF | Add +3.1% | 8.42% | +0.43 |
| IVV iShares Core S&P 500 ETF | Add +4.5% | 12.19% | +0.33 |
| XLY SS Consumer Disc Select Sect | Add +3.0% | 2.70% | +0.27 |
| XLF SS Financial Select Sector | Add +3.9% | 3.17% | +0.20 |
| SCHK Schwab 1000 Index ETF | Add +3.7% | 5.95% | +0.14 |
| NVDA Nvidia Corp. | Add +64.0% | 0.31% | +0.13 |
| AMZN Amazon.com Inc. | Add +9.0% | 0.64% | +0.12 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +8.6% | 1.71% | +0.11 |
| VOX Vanguard Communication Servi | Add +1.9% | 2.33% | +0.11 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +3.4% | 5.50% | +0.10 |
| SGOV iShares 0-3 Month Treasury B | Add +9.8% | 1.63% | +0.08 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Add +11.1% | 1.32% | +0.08 |
| SPGP Invesco S&P 500 Garp ETF | Add +7.2% | 2.18% | +0.07 |
| SHV iShares 0-1 Year Treasury Bo | New | 0.06% | +0.06 |
| V Visa Inc. Class A | Add +98.6% | 0.06% | +0.03 |
| XSVN Bondbloxx BBG 7 YR US Treas | Add +57.5% | 0.08% | +0.02 |
| AMLP Alerian MLP ETF | Add +65.2% | 0.05% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +13.4% | 0.09% | +0.02 |
| VGIT Vanguard Intermediate-Term T | Add +78.1% | 0.04% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +37.2% | 0.06% | +0.02 |
| JEPQ JPM Nasdaq Equity Premium | Add +166.2% | 0.03% | +0.02 |
| DTCR Global X Data Center & Digit | Add +303.7% | 0.02% | +0.01 |
| SCHQ Schwab Long-Term US Treasury | New | 0.01% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +14.1% | 0.07% | +0.01 |
| FV First Trust DW Focus 5 Fund | New | 0.01% | +0.01 |
| SYM Symbotic Inc. | Add +122.2% | 0.02% | +0.01 |
| SCHB Schwab US Broad Market ETF | Add +58.1% | 0.03% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.0% | 0.36% | +0.01 |
| NFLX Netflix Inc. | Add +5.9% | 0.05% | +0.01 |
| AVGO Broadcom Inc. | Add +1.0% | 0.04% | +0.01 |
| WMT Walmart Inc. | Add +2.2% | 0.10% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +3.1% | 0.08% | +0.01 |
| GLD SPDR Gold Shares | Add +21.0% | 0.06% | +0.01 |
| BAC Bank of America Corp. | Add +2.1% | 0.10% | +0.01 |
| BBCA JPMorgan Betabuilders Canada | New | 0.01% | +0.01 |
| MS Morgan Stanley | Add +49.5% | 0.02% | +0.01 |
| IBM Intl Business Machines Corp. | Add +20.1% | 0.05% | +0.01 |
| BA The Boeing Co. | Add +82.2% | 0.01% | +0.01 |
| IUSG iShares Core S&P U.S. Growth | New | 0.01% | +0.01 |
| CMI Cummins Inc. | Add +54.6% | 0.02% | +0.01 |
| EWJ iShares MSCI Japan ETF | New | 0.01% | +0.01 |
| COP Conocophillips | Add +40.0% | 0.03% | +0.01 |
| META Meta Platforms Inc. Class A | Add +18.5% | 0.04% | +0.01 |
| LHX L3HARRIS Technologies Inc. | Add +1660.0% | 0.01% | +0.01 |
| TMUS T-Mobile US Inc. | New | 0.01% | +0.01 |
| BBJP JPMorgan Betabuilders Japan | New | 0.01% | +0.01 |
| BBAX JPMorgan Betabuilders Develo | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 979 | $1.6B | SCHK, IVV, VGT, SCHP, IEI |
| Q1 2026 | 952 | $1.5B | IVV, IEI, VBIL, SCHP, VGT |
| Q4 2025 | 948 | $1.5B | IVV, IEI, VGT, BND, SCHK |
| Q3 2025 | 935 | $1.4B | IVV, IEI, VGT, VBIL, BND |
| Q2 2025 | 922 | $1.3B | IVV, IEI, VGT, VBIL, BND |
| Q1 2025 | 839 | $1.3B | IVV, BND, IEF, VGT, SCHK |
| Q4 2024 | 839 | $1.3B | IVV, BND, IEF, VGT, SCHK |
| Q3 2024 | 781 | $1.2B | BND, IVV, VGT, SCHK, SPYM |
| Q2 2024 | 788 | $1.1B | BND, VGT, IVV, IEF, SCHK |
| Q1 2024 | 767 | $1.0B | IEF, VGT, SPYM, SCHK, BND |